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According to Foresight News, China's National Internet Information Office has issued a statement regarding significant security issues found in Nvidia's computing chips. Recently, U.S. lawmakers have advocated for advanced chips exported from the U.S. to include tracking and location features. Experts in the American artificial intelligence sector have disclosed that Nvidia's chips have developed mature technologies for tracking, location, and remote shutdown.To safeguard the cybersecurity and data privacy of Chinese users, the National Internet Information Office, in accordance with the Cybersecurity Law, Data Security Law, and Personal Information Protection Law, conducted a meeting with Nvidia on July 31, 2025. The office requested Nvidia to address the security risks associated with the backdoor vulnerabilities in the H20 computing chips sold in China and to provide relevant documentation.

According to PANews, Telegram founder Pavel Durov was questioned by a French investigative judge in Paris on Monday regarding allegations of the platform's involvement in criminal activities. Durov, who has faced multiple accusations related to organized crime, illegal transactions, and the dissemination of unlawful content since his detention in Paris in 2024, denies all charges. Through his lawyer, Durov has described the allegations as absurd and has provided detailed explanations to investigators. Since Durov's arrest, French judicial authorities have noted improved cooperation with Telegram. Durov's legal team has challenged the constitutionality of the case and has sought a preliminary ruling from the European Union's highest court.

According to BlockBeats, World Liberty Financial (WLFI) and Vaulta have announced a strategic partnership aimed at accelerating the adoption of Web3 banking in the United States. This collaboration will integrate Vaulta's native assets into WLFI's macro strategy reserves and incorporate WLFI's stablecoin USD1 into Vaulta's Web3 banking solutions, facilitating easier management, growth, and protection of assets within a decentralized ecosystem. Zak Folkman, co-founder of World Liberty Financial, stated, "USD1 is rapidly becoming the preferred stablecoin for institutional and real-world payment channels, and this partnership with Vaulta marks another significant step forward. WLFI and Vaulta share a common vision: to build a bridge between traditional finance and DeFi. By integrating USD1 into Vaulta's Web3 banking infrastructure, we are making decentralized finance more practical, compliant, and accessible to both ordinary and institutional users."

According to BlockBeats, the core administrator of XSS, the largest dark web criminal platform, has been arrested. XSS has been a significant marketplace for Stealer tools targeting the cryptocurrency industry.The suspect has been active for nearly 20 years, amassing 7 million euros through cybercrime. The operation was led by France with support from Europol.

According to Foresight News, U Power Limited, a company specializing in electric vehicle infrastructure, has announced a strategic partnership with IoTeX. IoTeX is recognized as an open ecosystem platform driven by DePIN and AI. The collaboration aims to expand the DePIN infrastructure network and advance the tokenization of real-world assets (RWA) on the blockchain.This partnership will enable U Power's charging and battery swapping facilities to achieve on-chain registration, asset tokenization, and full lifecycle management. This development is expected to enhance the liquidity and programmability of infrastructure assets, marking the first large-scale implementation of DePIN and AI-driven blockchain technology in the physical energy network.Additionally, the two companies plan to incorporate IOTX into U Power's long-term asset reserve system. They will focus on deep business integration around mobility infrastructure, aiming to create an RWA tokenization operation mechanism centered on IOTX.

According to Cointelegraph, Microsoft has issued urgent security patches to address zero-day vulnerabilities in its SharePoint work management software. These vulnerabilities have led to spoofing attacks, compromising sensitive data and passwords across governments, businesses, and universities globally. The company acknowledged ongoing attacks targeting on-premises SharePoint Server customers, partially mitigated by the July Security Update.The affected software includes on-premises versions of SharePoint, excluding the cloud-based SharePoint 365. Microsoft has released cumulative patches for "SharePoint Server Subscription Edition," "SharePoint Server 2019," and "SharePoint Server 2016." The vulnerabilities, identified as CVE-2025-53770 and CVE-2025-53771, were detailed in a blog post by Netherlands-based Eye Security, which described them as a "large-scale exploitation of a new SharePoint remote code execution." Eye Security reported four waves of attacks by Saturday, with numerous systems compromised.The Cybersecurity and Infrastructure Security Agency (CISA) highlighted the use of ToolShell in these attacks, enabling malicious actors to access SharePoint content, including file systems and internal configurations, and execute code over the network. Microsoft's SharePoint product page notes that over 200,000 organizations and 190 million people utilize the software for content management, team sites, and intranets, though these figures may include users of the unaffected cloud-based version.Microsoft has faced criticism for security lapses in the past, including a Windows 10 vulnerability introduced by a security update, similar to the current SharePoint issues. In 2024, the company was scrutinized by the United States Congress over security vulnerabilities that endangered federal officials' email accounts. U.S. President Donald Trump was involved in discussions regarding these security concerns. Microsoft's ongoing efforts to enhance cybersecurity remain crucial as it navigates these challenges.

According to PANews, Telegram has recently launched bottom banner ads in channel videos. These ads consist of text blocks up to 160 characters long. They appear five seconds after the video starts, can be hidden after nine seconds, and automatically close after 30 seconds. The ads reappear at intervals of no less than two minutes. Currently, these ads are limited to channel videos and must be purchased through advertising agencies.

According to BlockBeats, the official Twitter account of the stablecoin project Plasma appears to have been compromised. Hackers have reportedly posted several tweets containing suspicious links, and the comments section of the pinned tweet has been disabled.BlockBeats advises users to protect their assets and avoid interacting with the compromised account.

According to Cointelegraph, Block CEO and Twitter co-founder Jack Dorsey has introduced the beta version of Bitchat, a decentralized peer-to-peer messaging service that operates entirely over Bluetooth. Over the weekend, Dorsey shared his experience learning about Bluetooth mesh networks, relays, store and forward models, and message encryption as he announced Bitchat on X. The system, described as having 'IRC vibes,' is reminiscent of early web-based messaging systems from the late 1990s.Bitchat is a decentralized messaging application that functions over Bluetooth Low Energy (BLE) mesh networks, as detailed in Dorsey's white paper. It offers ephemeral, encrypted communication without relying on internet infrastructure, making it resilient to network outages and censorship. The network is fully decentralized, with no central servers, accounts, email addresses, or phone numbers required for registration. Messages exist only in device memory by default and are not stored on a central database, ensuring end-to-end encryption for added security.Unlike current popular messaging applications like WhatsApp and Messenger, which are operated by centralized, profit-driven corporations such as Meta, Bitchat provides a decentralized alternative. The mesh networking feature allows for automatic multi-hop message relaying, and users can set up room-based chats with hashtag-named group chats and optional password protection. A 'store-and-forward' system caches messages for offline peers for set time periods, enhancing the service's resilience.Each device in the Bitchat network acts as both a client and a peripheral, creating a self-organizing mesh where messages can hop between devices to reach distant peers. The system operates within a 30-meter Bluetooth range, with bridge nodes connecting separate clusters. Messages are encrypted based on their type—private, room, or broadcast—and large messages are fragmented into smaller 500-byte chunks. Future plans include enabling messaging over WiFi to increase bandwidth for larger messages.Bitchat's potential use cases include conferences, protests, disaster areas, or any scenario where internet infrastructure is unavailable, unreliable, or untrusted. The white paper concludes that Bitchat demonstrates the feasibility of secure, private messaging without centralized infrastructure. By combining Bluetooth mesh networking, end-to-end encryption, and privacy-preserving protocols, Bitchat offers resilient communication that functions anywhere people gather, regardless of internet availability. Dorsey, who previously served as CEO of Twitter and founded the decentralized social messaging platform Bluesky in 2019, left the Bluesky board in May 2024 without explanation.

According to PANews, July is set to be a pivotal month for the Web3 sector, with significant intersections between macroeconomic trends and blockchain developments. Global central bank leaders are scheduled to engage in panel discussions, potentially signaling future policy directions. Meanwhile, Tornado Cash developer Roman Storm is set to appear in court, marking an escalation in regulatory challenges.Towards the end of the month, the Federal Reserve's FOMC interest rate decision and a press conference by U.S. President Donald Trump are anticipated to influence the cryptocurrency market. Additionally, major projects such as SUI, APT, STRK, and JTO are expected to undergo substantial unlocks, which could lead to market volatility.These events highlight the importance of monitoring the evolving dynamics within the Web3 space and the broader economic landscape throughout July.

According to Odaily, Hong Kong's financial landscape has experienced notable growth, as highlighted by Financial Secretary Paul Chan. As of the end of March this year, the number of registered funds in Hong Kong reached 976, with a net capital inflow exceeding $44 billion, marking a 285% increase year-on-year.The Hong Kong Science Park and Cyberport, two major innovation and technology hubs, have supported the development of 22 listed companies and 20 unicorn enterprises. Despite the current weakness in the non-residential property market, seasoned investors are purchasing entire commercial buildings in Tin Hau to serve as hubs for Web3 ecosystem development. This move aims to capitalize on Hong Kong's advancements in the Web3 sector.Web3 companies are increasingly leasing office spaces in Hong Kong to conduct their operations, and this demand is expected to continue.

According to Foresight News, Tools for Humanity, a contributor to Worldcoin, has announced the acquisition of Dawn Wallet. The wallet service will gradually shut down over the coming weeks, with comprehensive support provided for the transition of personal assets. Additionally, Dawn Wallet founders Tom Waite and Isaac Rodriguez have joined Tools for Humanity.

According to PANews, the European Union is requesting further details from the social platform X, formerly known as Twitter, regarding structural changes following its acquisition by Elon Musk's xAI for $33 billion. An EU Commission spokesperson stated that they are closely monitoring the company's structural changes. Previously, reports indicated that EU regulators are assessing whether X could face fines for violating the Digital Services Act (DSA), with potential penalties reaching up to 6% of global revenue. Neither X nor xAI has responded to these inquiries.

According to Odaily, venture capital firm a16z announced on social media that its X account was briefly compromised earlier today. During the incident, the account was used to post information about a token and other misleading content, none of which originated from a16z. The firm expressed apologies for any inconvenience caused by the attackers who temporarily controlled their account.

According to Cointelegraph, Telegram founder Pavel Durov has expressed concerns about France's political direction, warning of a potential societal collapse if current censorship and regulatory policies persist. In an interview with French outlet Le Point, Durov criticized French President Emmanuel Macron's decisions, stating, "Emmanuel Macron isn’t making the right choices. I’m very disappointed. France is getting weaker and weaker." He emphasized that nurturing generations with a specific mindset could take decades to alter, and delaying necessary reforms could lead to extreme changes. Durov highlighted the risk of France losing talent to other regions, such as Dubai.Durov's remarks come in the wake of his media appearances following his arrest in France in August 2024, which sparked widespread condemnation from the crypto community, civil rights activists, and human rights organizations. These groups continue to monitor Durov's case, considering its implications for free speech and political expression in the digital era. The Telegram founder also recounted claims that French intelligence services requested him to censor pro-conservative content related to the May 2025 Romanian presidential election. Durov alleged that Nicolas Lerner, head of French intelligence, approached him at the Hôtel de Crillon with this request, which he refused.Durov criticized the European Union’s Digital Services Act, describing it as a potential tool for censorship disguised as consumer protection and misinformation prevention. He warned that such laws could be turned against their creators, stating, "These laws are dangerous because they can be used against those who created them. Today, they target those labeled conspiracy theorists. Tomorrow, they may target their authors." Durov's comments reflect ongoing debates about the balance between regulation and freedom of expression in the digital landscape.

According to BlockBeats, Ethereum infrastructure startup Fileverse has introduced dSheets, an open-source spreadsheet tool focused on privacy and on-chain interactions. Positioned as a decentralized alternative to Google Sheets and Excel, dSheets allows users to import on-chain data, execute smart contracts, and access Web3 features such as social graphs and prediction markets. The tool is equipped with end-to-end encryption and zero data storage capabilities. It is now available on the Ethereum mainnet, Base, and Gnosis Chain, with support for IPFS sharing.

According to BlockBeats, Elon Musk's artificial intelligence company, xAI, is investing $1 billion monthly in the development of its AI models. The company is seeking to raise $9.3 billion through debt and equity financing, with plans to spend more than half of this amount within the next three months. Despite these significant investments, xAI has informed investors that it expects to generate only $500 million in revenue this year.In an effort to compete with rivals like OpenAI, xAI is rapidly constructing a high-cost supercomputing center in Tennessee. Some investors believe xAI holds a competitive edge due to its merger with Musk's social media platform, X, which allows access to user-generated news, posts, and other information for training its AI models.

According to PANews, OpenAI CEO Sam Altman revealed in a podcast that Meta is offering signing bonuses of up to $100 million and higher annual salaries to recruit OpenAI employees. However, none of the core staff have accepted the offers so far. Meta is forming a 'super intelligence' team and has invested $14.3 billion in Scale AI, appointing its CEO Alexandr Wang to join the team. Altman noted that while Meta has ambitious goals, it still lags behind OpenAI in terms of innovation capabilities and company culture.

According to Odaily, the official X account of the Pumpfun project and the personal account of its founder, Alon, have been reinstated and are now functioning normally. The reasons behind the previous suspension of these accounts have not been disclosed. Earlier reports indicated that both the Pumpfun X account and the founder's account were frozen by the X platform.

According to PANews, former TON Foundation executive Justin Hyun officially launched the Affluent crypto investment app within Telegram on June 16, 2025. The app, developed on the TON blockchain, aims to simplify investment by merging traditional finance with decentralized finance (DeFi). Users can participate in automated strategy vaults with a single deposit, allowing funds to be intelligently allocated across various lending markets to optimize returns.Affluent's co-founder, Hyung Lee, highlighted that the app integrates traditional financial risk management with a modular blockchain architecture. The application features an expert-managed vault system that automatically executes asset allocation strategies, while maintaining a simple Telegram interface for users. However, specific details regarding the platform's risk management mechanisms have not been disclosed.