MarsBitNews

Author: Gu Yu, ChainCatcher
On July 15, Base founder Jesse Pollak published a long post announcing that he would hand control of the Base App back to Coinbase, and that he would instead put all his effort into the Base blockchain itself, with the goal of turning Base into a “global financial blockchain.” Jesse will continue to lead the Base chain, but will no longer be responsible for the Base App; the Base App will be taken over by Jordan Fish, better known in the crypto community as Cobie.
The most noteworthy part of this change is not that Jesse is leaving the Base App, but that he rarely admitted that Base’s strategy for social direction over the past two years was a misjudgment.
Previously, Base had tried to make itself

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Author: Jae, PANews
As the tide recedes, Avalanche is building a foothold in the deep waters of RWA (real-world assets).
In July 2026, the crypto market is still cold, with AVAX’s token price under sustained pressure and market sentiment nearly at rock bottom.
However, on-chain data paints a completely different picture. According to RWA.xyz statistics, the value of tokenized assets on Avalanche has risen to $2.1 billion, up more than 60% month-over-month, placing it among the top five public blockchain networks in the RWA track.
Behind this counter-cyclical growth are both Avalanche’s quiet efforts in the tokenization space and the results of global industry giants “voting with their feet.” The story of assets moving on-chain is happening on Avalanche with even faster acceleration.
Avalanche has secured the compliance ticket, B

Aleo will co-host the Aleo Shanghai Community Event with OpenBuild on July 26 in Shanghai, bringing together developers, entrepreneurs, and AI enthusiasts. The event will focus on the applications of zero-knowledge and programmable privacy in AI and privacy computing. Attendees will experience privacy infrastructure and on-chain interactions, and it will be the first time that the APAC Hackathon plan is disclosed. The theme will be AI × Programmable Privacy, featuring a roundtable discussion and networking to support the development of the APAC developer ecosystem.

Mars Finance news: TSMC’s wafer revenue mix in the second quarter was 3% from the 2nm process, 30% from the 3nm process, 33% from the 5nm process, and 11% from the 7nm process. The combined share of the 7nm and more advanced processes accounted for 77% of total wafer revenue. (Lianhe Securities)

Canaan Technology was warned by Nasdaq for its stock price being below $1 for a long time and was granted an extended grace period until January 11, 2027. In 2026 Q1, revenue was $62.7 million, down 24.3% year over year, and it recorded a net loss of $88.7 million. Inventory impairment weighed on profits; however, its bitcoin holdings rose to about 1,915 BTC, with a market value of about $120 million. The company terminated its AI chip business at the end of 2025, pivoting to become a provider of compute infrastructure. It is pushing its own mining operations and vertical integration, seeking to mitigate the impact of the crypto winter through capital operations and capacity expansion.

Mars Finance news, citing a report by Jīnshí, TruStage Chief Economist Steve Rick said in a report that U.S. PPI data came in below market expectations, which is a positive development for the Federal Reserve. He noted that this suggests inflation may be gradually approaching the Fed’s target, further reinforcing market expectations that policymakers can keep interest rates unchanged without needing to consider additional rate hikes. Although the work to fight inflation is not yet finished, softer price data means the Fed has taken another step forward in achieving a better balance between maintaining price stability and sustaining a healthy labor market.

Mars Finance news: In a channel, MAX, the administrator of the Cascade Discord for the multi-asset perpetual contract platform, said that the Cascade CLS treasury appears to have suffered a security vulnerability, resulting in an estimated loss of about $1.3 million in funds. The platform has currently suspended all trading and withdrawals, and has invited SEAL 911 and other third-party security teams to step in for investigation and remediation. Cascade supports deposits via Arbitrum USDC or a bank account, and it is still in an invitation-only private testing phase.

Mars Finance News: On July 16, Shenzhen Huqiang said on an interactive platform that the company is Huawei’s general distributor of Huawei computing components (including Ascend and Kunpeng). The company will continue to promote the technology and products of Huawei computing components, actively assist Huawei in building a computing power ecosystem, and the relevant work is being expedited for implementation. For the specific operating performance in the second quarter, please refer to the company’s subsequent periodic reports. (Ke Gu Bao broadcast)

OpenAI says the active users of Codex and ChatGPT Work have reached 9 million, up from 8 million in only about 33 hours for an increase of 1 million. In the past three days alone, it has risen from 6 million to 9 million. The official also replenishes weekly quotas, indicating the team is busy maintaining system stability. Previously, Sam Altman warned that GPT-5.6’s Sol demand growth may be too fast and a short-term outage could occur soon.

According to Beating monitoring, low pricing and open-source weights have attracted Chinese models, and they are now entering a revenue-generating stage. Menlo estimates that Zhipu, DeepSeek, Moonshot, Keling, and MiniMax together have an annualized combined revenue of $2.6 billion: Zhipu at $1.0 billion, DeepSeek and Keling each at $0.5 billion, MiniMax at $0.4 billion, and Moonshot at $0.2 billion. The four teams rank among the global top 25 AI companies, and their competitiveness is shifting from pricing to APIs, subscriptions, enterprise deployment, and cloud services.

Mars Finance reported that on July 16, Hyundai Motor Group said it will acquire nearly 10% of the Boston Dynamics shares held by SoftBank, turning the company into a wholly owned subsidiary. The group said the move will help it deploy advanced robotics technology across its various businesses. Earlier, media reports said the value of the deal is expected to be nearly 5000 billion KRW (about $3.35 billion). (China Finance Network)

Omdia said that tight foundry capacity and rising upstream costs will push DDIC prices higher. It is expected that demand in the second half of 2026 will remain weaker than in the first half, but cost pressure will persist, and DDIC prices could rise further, with some foundry wafer prices also being increased. Contract manufacturing accounts for 60–70% of the total DDIC cost, wafer costs are about 40%, and changes in contract manufacturing pricing will directly affect the DDIC cost structure.

NVIDIA launches Jetson T2000 (40W, 400 TFLOPS FP4) and T3000 (70W, 865 TFLOPS FP4) robot modules based on Thor, with plans to release in Q1 next year. Compute performance will range from 70 TOPS to 2000 TFLOPS. It also expands the Cosmos 3 open-source family, releasing a lightweight Cosmos 3 Edge (4 billion parameters), compatible with Thor, for embodied system perception and edge inference. Visual AI platform Metropolis adds a tool library to help developers build visual AI agents and generate synthetic data.

Visa released the Artemis report, “Agentic Payments from the Ground Up,” focusing on AI-agent payments. It breaks down into large-value agent transactions and machine-to-machine micro-payments (usually under $1). There are two pathways: x402 (initiated by Coinbase/Cloudflare, managed by the Linux Foundation; live since 2025-05; cumulatively about 109.6 million transactions, and roughly $15 million in adjusted volume; mainly on Base, Solana, and Polygon) and MPP (built by Stripe/Tempo, supported by Visa; live since 2026-03; about 115k transactions completed, with $25k settled). In the future, demand for low-cost, high-frequency payments will drive machine-native payment infrastructure; stablecoins and blockchain networks may become an important part of micro-payments, and the payment system will coexist by integrating with card networks/stablecoins.

Mars Finance news: According to the latest report released by IDC (International Data Corporation), “China Financial Industry Generative AI Platform and Application Solutions Market Share, 2025,” the China financial industry generative AI market saw explosive growth in 2025, with the overall scale reaching RMB 1.74 billion, up 90.4% year over year. In this fast-growing segment, Baidu Intelligent Cloud ranked first in China’s financial industry generative AI platform and application solutions market with a 16.6% market share, thanks to its dual advantages in both technological infrastructure and scenario deployment.

According to OnchainLens monitoring, after accumulating losses of $4.89 million, the trader again went all-in long, holding 84 BTC long positions, with a market value of about $5.43 million and 40x leverage; in addition, there is about $290k in HYPE longs and $148k in PUMP longs. Furthermore, the trader placed a limit buy order for 6.56 BTC, worth about $424k, at a limit price of $64,600.

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Original author: Oluwapelumi Adejumo
Original compilation: Chopper
BitMine is aggressively expanding its Ethereum holdings, seeking to turn them into a source of stable cash flow. Last quarter, revenue from its staking business nearly reached $46 million.
However, a $92.1 million loss on derivative options completely wiped out staking gains. Combined with steadily rising asset management costs and the company’s aggressive share issuance, the room for returns for existing shareholders has been significantly squeezed.
The company’s third-quarter financial report for fiscal 2026, as of May 31, shows that revenue surged from $2.1 million year-on-year to $46.5 million. Of that, 98% ($45.7 million) came from staking and node validation services. BitMine is accelerating the divestment of its Bitcoin mining business and fully shifting to an Ethereum treasury-holding model.
Behind the sharp increase in revenue, the company

Mars Finance reports that Nvidia has expanded its robotics development collaboration with Japanese industrial automation companies. Fujitsu, FANUC, Kawasaki Heavy Industries, and Yaskawa Electric have joined the Cosmos alliance, and Hitachi, NEC, Komatsu, and Kubota are also set to join. The alliance aims to use the Nvidia platform to deploy physical AI in areas including robotics, factory automation, autonomous driving, smart buildings, and rail transportation. Around the same time, Nvidia released Cosmos 3-H, a lightweight world foundation model, an edge-deployable version, as well as the Jetson T3000 and Jetson T2000 robot computers, positioned between the T4000 and AGX Orin.

Mars Finance News: Xiaomi’s Robotics business unit has released Xiaomi-Robotics-1, an embodied base model designed for real-world mobile operation tasks. The model is pretrained using 100,000 hours of real-world data, and then further trained by integrating cross-domain data. After the post-training, Xiaomi-Robotics-1 can perform a variety of mobile operation tasks directly in real environments based on natural-language instructions. (Securities Times)

According to a Korean media outlet, SK hynix raised as much as 40 trillion won (about $30.76 billion) through its Nasdaq listing, aiming to consolidate its leadership position in the AI semiconductor market. NVIDIA CEO Jensen Huang extended warm congratulations on its ADR listing, saying it was “extremely successful,” and expressed great joy after wrapping up a Tokyo event.