South Korean stocks opened 2.4% higher, with SK Hynix rising 4%.

U.S. White House Office of Science and Technology Policy Director Michael Kratsios claimed in a post that Moonshot AI (branded as Kimi) referenced Anthropic’s Fable while developing its K3 model, and built an internal platform for large-scale distillation of U.S.-based models. In a direct reposted response, Moonshot AI team member Randy Xia noted that Fable was only released on July 1, while K3 launched on July 15. Based on this timeline, Moonshot completed model research, distillation, training, and deployment in just 15 days. He quipped, “We trained a brand new cutting-edge model in only 15 days — that’s practically a Guinness World Record!”

South Korean President Lee Jae-myung will hold meetings with executives from multiple global AI giants in San Francisco during his visit to the U.S. this week, aiming to strengthen South Korea’s position in the global artificial intelligence sector and advance substantive cooperation. It is reported that Lee will meet separately with Nvidia CEO Jensen Huang, OpenAI CEO Sam Altman, Anthropic CEO Dario Amodei, and Broadcom CEO Hock Tan. Additionally, he will attend the San Francisco AI Summit and witness the signing of cooperation agreements between South Korean enterprises and the tech giants. Executives from South Korea’s Samsung Electronics (chief Lee Jae-yong), SK Group, Hyundai Motor, Naver, and other local firms will also hold meetings with the aforementioned AI leaders. Analysts note that Lee’s initiative will strengthen South Korea’s role in the global AI industrial chain, particularly in areas including high-bandwidth memory (HBM), GPUs, AI infrastructure, and generative AI services. The summit will send a strong signal to the market, boosting confidence in AI infrastructure investment, especially amid the current tech stock correction. (The Korea Times)

Samsung Electronics announced at Galaxy Unpacked 2026 that Samsung Wallet will support stablecoins in the future, integrating payments, rewards, and digital assets into the Galaxy ecosystem. The tech giant noted it is poised to become one of the first major smartphone makers to natively support stablecoins. Samsung also unveiled the Samsung Galaxy Card, co-developed with Barclays and Visa, which will launch first in the U.S.

According to a report by the Nikkei, Japan is expected to launch a Bitcoin ETF as early as 2028. With the revised Financial Instruments and Exchange Act bringing crypto assets under the regulatory scope of financial products, Japan’s Financial Services Agency (FSA) plans to adjust rules related to investment trusts to allow funds and ETFs to hold crypto assets as their primary investment target, with multiple asset management firms already considering participation. Interest in crypto assets among Japanese institutional investors is on the rise: a survey by Nomura Holdings and Laser Digital shows that around 79% of institutional investors and family offices plan to invest in crypto assets over the next three years. However, unlike U.S. Bitcoin ETFs which are driven primarily by institutional capital, Japan’s institutional investor base is relatively small, and household financial assets in the country have a high cash proportion, meaning funds from individual investors are likely to be the main source of inflows. Analysts project that Japan’s Bitcoin ETF could attract up to 3 trillion yen in inflows by fiscal 2028.

Tesla’s Q2 financial report shows the company neither increased nor decreased its Bitcoin holdings, continuing to hold 11,509 BTC. Due to Bitcoin’s roughly 14% decline during the quarter, the automaker recorded a $112 million after-tax impairment loss on its digital assets. As a result, Tesla has not traded Bitcoin since 2022.

On-chain analyst Specter has monitored that B2 Network on BNB Chain suffered a hack, resulting in losses of around 8.591 million B2 tokens, valued at approximately $3.86 million. The attacker converted the stolen tokens into 5,409 WBNB (worth about $3.11 million) before bridging them to Ethereum. The funds are currently being transferred to Zcash via NEAR Intents. The project team later contacted the attacker on-chain, stating that if the attacker returns at least 10% of the stolen funds (roughly $386,000) to the official address within the next 24 hours, the team will view this as a goodwill gesture and will not initiate legal action.