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Crypto debit card firm Wirex shifts to stablecoin banking infrastructure.

1 hours ago

According to Forbes, crypto debit card firm Wirex is pivoting from its retail business to stablecoin banking-as-a-service, offering enterprises infrastructure including stablecoin cards, bank accounts, and cashback features. Wirex is a principal member of Visa and Mastercard, allowing it to issue cards directly without going through sponsoring banks.

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US stock-linked meme coins are gaining traction on Robinhood Chain, with the meme coin "AI" briefly exceeding $17 million in market capitalization to hit a new record high.

According to GMGN data, US stock-based meme coins are gaining momentum on Robinhood Chain. As of press time, the market cap of meme coin "AI" briefly topped $17 million, now standing at $15.01 million, hitting a new high. Its 24-hour trading volume reached $9.8 million. The coin was issued via long.xyz, Robinhood Chain’s ecosystem token launch platform, and trades against NVIDIA’s stock token, aligning with Robinhood Chain’s core philosophy and CEO Vlad’s on-chain vision of "meme + RWA". BlockBeats previously analyzed that US stock-based memes are likely to become a new popular trend on Robinhood Chain, marking a major update to the meme coin narrative. Additionally, following "AI"'s surge, long.xyz has recently launched multiple meme coins paired with different stock tokens. Most of these coins have small market caps and high price volatility, so users are advised to exercise caution when investing.

10 minutes ago

Louisiana State Employees' Retirement Fund increased its holdings in Strategy by 21,300 shares, valued at $2.13 million.

According to BitcoinTreasuries NET, the Louisiana Employees' Retirement Fund has increased its holdings in Strategy (MSTR) to 21,300 shares, valued at approximately $2.13 million. The retirement fund manages around $16.3 billion in total assets.

10 minutes ago

ARK bought nearly $15 million worth of SpaceX shares against the market trend on Wednesday, while cutting its Robinhood holdings by more than $10 million.

Funds under ARK Invest collectively purchased 121,400 shares of SpaceX stock worth approximately $14.996 million, while selling 97,300 shares of Robinhood stock valued at around $10.351 million, extending its recent trend of reducing holdings. On the same day, ARK also bought about $4.965 million worth of shares in electric aircraft company Archer Aviation. Earlier reports indicated that SpaceX closed down more than 6% yesterday, hitting a new all-time low since its listing.

10 minutes ago

Binance Will List Pop Mart Stock Futures

According to an official announcement, Binance will list the Pop Mart stock contract (POPMARTUSDT), with trading going live at 10:30 on July 23, 2026 (GMT+8).

10 minutes ago

Hong Hao: The correction in AI stocks is far from complete, and the rotation of capital from overheated sectors to undervalued sectors has not yet ended.

Renowned economist Hong Hao recently stated that the current pullback in AI sector stocks is a mid-cycle correction, not the end of the trend. Judging from South Korea’s KOSPI index, the overall sector correction is far from complete. Stock prices have already overpriced fundamentals in advance; technical adjustments will continue, with sharp short-term volatility and a temporarily downward-biased trend. Hong Hao believes market capital is rotating from overheated new tech sectors like AI and semiconductors to previously neglected old economy/traditional tech sectors—internet giants including Tencent, Alibaba, and Meituan have already posted notable gains. Logically, if one is bullish on AI’s productivity-boosting effect, one should also be optimistic about the old economy (as economic growth will ultimately drive consumption), expecting a broad-based rally rather than narrow speculation.

10 minutes ago

Kimi employees hit back at the White House’s allegations: Distilling a cutting-edge model in 15 days? That would require applying for a Guinness World Record!

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!”

10 minutes ago