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Intel and AMD are reportedly signing long-term server CPU procurement agreements with Chinese clients, with some products seeing price hikes of over 40% this year.

1 hours ago

According to Reuters, driven by the boom in AI data center construction, Intel and AMD are signing longer-term server CPU procurement agreements with Chinese server clients, with some terms exceeding two years to lock in purchasing volumes, though prices are generally not fixed. The report notes that demand for AI infrastructure has expanded from GPUs to areas including server CPUs, storage, networking equipment and memory. Some Chinese server CPU products have seen prices rise by over 40% year-to-date, with monthly increases for certain products exceeding 10%. Earlier, Reuters reported that the delivery cycle for some of Intel’s Xeon server CPUs has extended to up to six months.

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Bithumb’s Mistaken Bitcoin Transfer Recovery Case to Get First Verdict on August 27

Digital Asset reports that a South Korean court will issue its first-instance ruling on August 27 regarding Bithumb’s accidental Bitcoin distribution incident. The involved users are accused of selling the mistakenly received BTC and holding approximately 194 million won in cash. Bithumb has previously filed unjust enrichment lawsuits against four users, with the highest case amount reaching around 500 million won. In February this year, Bithumb mistakenly recorded won points as Bitcoin when distributing event rewards, then launched a recovery process, stating that as of March 10, it had recovered 99% of the 1,788 BTC that remained unrecovered.

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VerusCoin's Ethereum bridge was hacked, with around $7.53 million in assets transferred out.

According to CertiK Alert monitoring, a security vulnerability attack has targeted VerusCoin’s Ethereum bridge, with attackers transferring approximately $7.53 million in assets. CertiK noted that the vulnerability likely stems from the bridge contract’s failure to properly verify whether the input amount from the Verus chain side matches the actual payment amount — a similar issue that occurred in an incident back in May.

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F2Pool co-founder Chun Wang has deposited ETH and WBTC worth approximately $15.6 million to Binance.

Per Onchain Lens monitoring, Chun Wang (@satofishi), co-founder of F2Pool, deposited 6,009 ETH (valued at approximately $11.56 million) and 62.31 WBTC (worth around $4.09 million) into Binance, with a total value of roughly $15.6 million. The assets were sourced from withdrawals from Spark Fi, unstaking ETH from Lido Finance, and converting WETH to WBTC via CoW Swap.

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Binance will suspend trading on July 25 for system upgrades.

According to an official announcement, Binance will support its partner brokers in carrying out a scheduled system upgrade, during which its stock trading service will be suspended from 10:50 to 14:00 UTC on July 25. Users will not be able to submit stock trading orders during the upgrade period. Binance stated that the upgrade is scheduled outside regular U.S. stock trading hours, and the service is expected to automatically resume after the upgrade is completed. The exact resumption time may be earlier or later than the planned window, so users are advised to arrange their relevant trading activities in advance.

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Yesterday, Bitcoin spot ETFs recorded a net inflow of $69.1 million, while Ethereum spot ETFs saw a net inflow of $72.7 million.

According to data from Farside Investors, U.S. spot Bitcoin ETFs logged a total net inflow of $69.1 million yesterday. BlackRock’s IBIT led with a $38.8 million net inflow, followed by Fidelity’s FBTC at $21.5 million, Bitwise’s BITB at $5.4 million, and MSBT at $3.8 million. Grayscale’s GBTC, however, saw a net outflow of $38.3 million, while all other products had zero net flow. In the same period, U.S. spot Ethereum ETFs posted a total net inflow of $72.7 million: BlackRock’s ETHA took in $53.5 million, Fidelity’s FETH added $19.2 million, and all other products recorded no net flow.

1 seconds ago

Bithumb will list the CHECK/KRW trading pair.

According to official announcements, Bithumb will list the CHECK/KRW trading pair.

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