Bitdeer’s Q2 revenue hits $228.8 million, rising 47% year-over-year, while revenue from its AI cloud business surges nearly tenfold.

Reporters from China’s Qilu Evening News recently uncovered a long-incubation, highly disguised, assembly-line-style scam chain centered on virtual currency "staking mining". Scammers build ideal personas to cultivate long-term relationships with victims, then trick them into using overseas private chat apps and authorizing fake mining contracts, quietly siphoning funds from their accounts. According to reports, scammers initiate contact as ordinary netizens on social platforms, spending one to two months building a "high-quality persona"—such as claiming to run a maternity and baby store in Hong Kong, being empathetic, and sending "Huang Daxian" safety amulets—without mentioning investment at all. After gaining trust, they guide victims to switch to overseas apps like WhatsApp and Discord (which support two-way record deletion, making evidence easy to erase), and package the scam as a "idle computing power staking mining" zero-risk passive income project, luring victims to download overseas virtual currency wallets and authorize fake contracts. The contracts actually have asset transfer permissions, allowing scammers to directly move funds in the background without a password. During this process, scammers first create an illusion of real returns through small rebates to induce victims to invest more. So far, more than 30 victims have been identified in the case, with total funds involved exceeding 3 million yuan, and the highest individual loss surpassing 300,000 yuan, spread across multiple provinces.

According to an official announcement, Upbit has classified Ravencoin (RVN) as a cautionary trading asset. Earlier reports indicated that the Ravencoin network suffered a severe consensus vulnerability, potentially triggering a chain reorganization of approximately three days.

Solana Foundation Chair Lily Liu stated that the foundation’s core goal is to attract talent and capital for Solana. It will not prop up a single team by anointing them as the sole champion, nor does it endorse mechanically applying “trustless neutrality” to ecosystem governance, instead advocating open competition where the market determines success or failure. She added that the foundation has long supported multiple perpetual contract teams, arguing that fully on-chain perps hold greater long-term value for DeFi and Solana than pool-based trading or off-chain execution, with several teams currently advancing related initiatives.

Trader Murphy (@Murphychen888) posted that Glassnode’s latest indicator—the BTC Seller Exhaustion Index—has entered the "Extreme Exhaustion Zone" for the first time in this bear market. The metric combines low volatility and high loss conditions. Murphy noted that historically, similar signals typically emerge in bear market bottom ranges, though the first trigger does not always correspond to the absolute low. If subsequent prices stay range-bound or continue to decline while the index stops hitting new lows, the second signal has historically higher reliability.

Sumit Sadana, Chief Business Officer of Micron Technology, stated at the 2026 KeyBanc Tech Leadership Forum that the company’s business is on an “excellent” trajectory, with financial performance remaining “outstanding.” Sadana noted that recent demand signals from customers have been strengthening, and he expects industry conditions to stay very tight through beyond 2027. He further believes that supply tightness in 2027 will be more severe than this year, as emerging demand growth is outpacing the industry’s projected supply expansion for 2027.

JPMorgan’s Asia Pacific tech note notes that investors broadly expect SK Hynix’s shareholder returns to hit at least 50% of Samsung Electronics’ level, driven by expectations that management will provide an update by the end of the third quarter. Additionally, the market anticipates SK Hynix’s HBM contract pricing for fiscal 2027 will rise by more than 50% amid tight supply-demand for bulk D5. However, JPMorgan analyst Jay takes a more conservative stance, forecasting annual contract price gains of less than 40%, citing Nvidia’s strategic significance and SK Hynix’s ability to reprice contracts annually.