PANews

K25.ai announced it has completed its Series A funding round, receiving strategic support from Amber Group. Post-investment valuation is $200 million, with a doubling of valuation within 60 days. The funding will accelerate product development, global expansion, institutional liquidity infrastructure, and the building of a creator ecosystem. Amber Group will provide assistance in market infrastructure, liquidity, ecosystem, and digital assets. K25.ai combines AI with live streaming, generating market data, content monitoring, and adjudicating results in real time. The Pre-A round was led by NewGenIVF Group.

The People’s Bank of China Shenzhen Branch and other departments have continued to carry out special rectification efforts, urging local website and platform operators to依法 dispose of noncompliant self-media account. They have permanently shut down accounts that promote virtual currency-related businesses within mainland China, including cases such as the “USDT merchant group chat,” in order to prevent virtual currency-related risks.

On the weekend of July 16, Hugging Face’s security team discovered traces of a compromise.
The attacker’s methods were unusually clean. There was no widespread probing and scanning, no unnecessary disruptive actions—once inside the system, they went straight for two types of targets: some internal datasets and a batch of service credentials. As the world’s largest AI model hosting platform, Hugging Face being targeted by hackers isn’t exactly news. The security team contained the intrusion through standard procedures, and then began a long process of forensics. Over the following days, they analyzed more than 17,000 attacker operation logs one by one, trying to answer a routine question: who did it?
The answer was revealed five days later in a way nobody expected. On July 21, OpenAI released an official statement, taking ownership of the attack. According to the statement, the attack was not carried out by any hacking organization,

Today’s news highlights:
1. Robot company Atoms completes $1.7 billion in funding, led by a16z
2. Crypto exchange BitMEX announces it will close on September 23 and has stopped new user registrations
3. Kazakhstan approves strategic digital mining rules: mining firms receiving power quotas must transfer part of their mined output to the national reserve
4. The U.S. Senate releases the latest version of the “Clarity Act”: moral rules ban public officials from issuing tokens, and the ban is valid through 2029
5. A cross-chain bridge operated by AFX, an Arbitrum ecosystem protocol, was attacked; about 24.15 million USDC were stolen
6. Grayscale: Bitcoin may already be at its bottom, and a macro perspective is better than the four-year cycle
Regulation & Macro
Ministry of Commerce: China and the U.S. are soliciting comments on tax reduction arrangements and will push for implementation as soon as possible
Meng Huat ing, Director of the Department of Foreign Investment at the Ministry of Commerce, said at a press conference by the State Council Information Office that the economic and trade teams of both China and the U.S. are actively working on the relevant arrangements for tax reductions and will promote their implementation as soon as possible.

According to Xinhua News Agency, Meng Huating, Director of the Department of Foreign Investment Administration in the Ministry of Commerce, said at a press conference held by the State Council Information Office that the U.S.-China economic and trade teams have been maintaining close communication on the structure, functions, and operating model of the Trade Council, and are exploring a framework for reciprocal tariff reductions on a scale of $30 billion each. The Chinese side is widely soliciting input from domestic enterprises, chambers of commerce, local governments, and U.S.-funded enterprise chambers of commerce, while the U.S. side is also seeking public comments on the relevant arrangements. Both sides will continue to communicate, finalize the specific tariff-reduction products as soon as possible, and push for implementation to further expand bilateral trade.

This article reveals that Silicon Valley is developing a “permanent underclass.” AI and equity-driven wealth creation are advancing in parallel, while ordinary people are gradually being pushed out of the prevailing discourse. Although US consumption appears resilient, it is in fact driven by asset effects, worsening the divide between rich and poor and increasing credit and debt. The collapse of China’s real estate sector has weakened the wealth effect, causing domestic demand and exports to diverge. As “one class of people replacing another” disappears, we need to redefine the self through Hannah Arendt’s *Vita activa*, creating meaning and freedom through action in a world without a script.

The Gate contract stock Exchange will launch multiple 2x long ETF perpetual contracts on July 23 at 14:00, covering MSFU, AAPU, METU, AMZU, GGLL, TSLL, NVDL, and more. USDT settlement, with leverage supported from 1 to 20x.

BitMEX announced that its parent company HDR Global will officially shut down the exchange on September 23, 2026 at 12:00, and will stop new user registrations from today. Starting August 26 at 12:00, it will limit opening new positions and only allow position reduction; after the shutdown, KYC users who have not withdrawn assets will be charged an account management fee ($50 per month or 1% of the balance, whichever is higher, potentially subject to an increase), and the remaining balance will be forcibly liquidated. Beware of phishing scams; withdrawals may be delayed, but assets are sufficient to cover liabilities.

CryptoQuant analysts said that weekly net inflows into US spot Bitcoin ETFs rebounded to $439 million, the first clearly positive figure since May. The Coinbase premium narrowed to -0.042, recovering from its low point. Spot demand has moved out of its biggest pressure period: the discount narrowed significantly, but has not disappeared. Overall, ETFs are still in floating losses of about 22%, with an average cost of about $84.71k and a current price of around $66,110. If the price returns to the cost range, some holdings may exit as they break even, and selling pressure could appear. Both indicators improved, but the negative premium has persisted for 78 days, so a sustained reversal has not been confirmed. If the premium turns positive and weekly capital flows remain positive, it would indicate a change in the overall pattern; if capital flows turn negative and the discount widens, the pattern seen in May-June may return.

PANews July 23 news: According to Caixin/China Economic Daily, SK Hynix has set an upper limit for the proportion of stock conversion into U.S. ADRs at 2.5%. The conversion quota has been fully used and can no longer be converted.

PANews July 23 — According to Bybit quotes, spot gold has fallen below the $4,100 per ounce integer level; it is currently at $4,094.07, down 0.87% intraday.

A UK-listed company repaid its convertible notes two weeks early, paying TOBAM Group about $11.7M. It sold 177.89 BTC to complete the repayment at an average price of $65,762. The CEO said that while it recognizes the flexibility of the structure, it no longer views it as a suitable capital solution. After the repayment, it holds 2,700 BTC, and the related potential issuance has been canceled.

PANews July 23, 2026, according to Onchain Lens monitoring, after Drift Protocol suffered an attack loss of $285 million on the Solana chain in April and went quiet for three months, the attackers today began moving funds via Tornado Cash, depositing them in batches of 100 ETH per transaction to Tornado Cash

This article reviews Robinhood Chain’s seven hottest NFTs, with cumulative trading volume exceeding 1,500 ETH. It showcases a diversified ecosystem evolving from pure PFPs toward integrating DeFi, on-chain assets, and community entitlements. The projects include pyopyopyopyo, StonkBrokers, OnChainHoodies, Gremlin Cartel, Robinhood Punks, Cash Cats, and Robbin Hood Babies—indicating the ecosystem is still in an early stage, but its identity and entry points are progressing positively.

PANews July 23, according to on-chain analyst Ai Yi’s monitoring, the whale that has again been accumulating assets worth $17.75 million in ETH and WBTC has accumulated more than $109 million in positions since July. In the past 4 hours, it withdrew 75 WBTC and 4,998 ETH from exchanges, bringing its total holdings to 56.4k ETH and 700 WBTC, with a total value of $148 million. Its average cost is about $1,742 and $64,205, with an unrealized gain of $11.42 million.