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This September, Taipei will transform into a global stage for financial technology and blockchain ecosystems, hosting three major international forums over six consecutive days — FinTechOn 2025 & AFA Summit, Blockchain Enthusiasts Annual Conference (TBS), and Taipei Blockchain Week (TBW), covering three main themes: policy, technology, and community, connecting over 200 speakers from home and abroad, a scale that can be considered the largest in history.

The event period will further combine the 'Trendy Taipei' series of music and cultural activities, allowing participants to listen to trends during the day and shop at night, immersing themselves in the rhythm of a city where technology and art dance together.

BingX, a leading global cryptocurrency exchange and Web3 AI pioneer, today announced the first phase of its TalentX Internship Program. This program is part of BingX's core human capital strategy, the Global TalentX Strategy, launched earlier this year. Its clear goal is to strategically cultivate international talent with practical skills and lay the foundation for the next generation of decentralized technology and AI applications.

BingX is not just a trading platform, but also a talent development base.

Since its launch in February 2025, the TalentX program has received widespread global acclaim, garnering over 1,000 applications from over ten countries across five continents. After rigorous screening and skill matching, over 100 interns have officially joined BingX and are assigned to core departments such as Product, Operations, Brand, Research, Marketing, HR, and Administration, where they participate in real-world projects and collaborate with cross-regional teams.

Scam tactics are ever-evolving, and major banks in Taiwan are cooperating with the government to strengthen fraud prevention measures. Recently, several major banks have continuously lowered ATM withdrawal and online transfer limits, and even introduced facial recognition systems and delayed fund transfer mechanisms to help the public safeguard their finances.

Strictly preventing fraud: Many banks in Taiwan update withdrawal and transfer limits

In recent years, fraudulent investment and online shopping scams have become rampant. According to the Ministry of the Interior's Police Department 'Fraud Dashboard' statistics, losses from fraud cases across Taiwan reached NT$8.91 billion in June this year, with 'fake investment' scams accounting for NT$4.58 billion, involving over 3,000 cases.

With the rapid development of the virtual asset market, the Taiwan Financial Supervisory Commission has continuously upgraded its regulatory efforts against money laundering for relevant operators. San Chuan Tong Zhen Co., Ltd. was fined 1.5 million new Taiwan dollars yesterday for multiple KYC and transaction monitoring failures, becoming the latest case. Over the past year, more than six operators have been fined for similar violations.

San Chuan Tong Zhen was fined 1.5 million new Taiwan dollars by the Financial Supervisory Commission.

On July 29, the Securities and Futures Bureau of the Financial Supervisory Commission announced that San Chuan Tong Zhen Co., Ltd. (operating BitStreetX Exchange) was fined 1.5 million new Taiwan dollars for violating Articles 8, 10, and 13 of the Anti-Money Laundering Act. This penalty originated from a project inspection at the end of 2024, exposing deficiencies in customer review, transaction monitoring, and record preservation.

(This article is sponsored content aimed at introducing a memecoin project. Memecoins are highly volatile and risky; their token prices can experience drastic fluctuations in a short period, even going to zero. Any forecasted figures mentioned in the text, such as percentage increases or target prices, are the project's expectations and potential possibilities, not realized or guaranteed outcomes. Investors should fully understand and bear all potential risks, conduct thorough independent research, and consult professional financial advisors before making any investment decisions. The information contained in this article does not constitute any investment advice.)

The ancestor of Bitcoin reserve strategy, MicroStrategy, has purchased an additional 21,021 bitcoins, increasing its holdings to 628,791 bitcoins, with an average cost of $73,277. Based on today's Bitcoin price of $118,000, unrealized profits reach up to $28.1 billion. MicroStrategy will announce its second-quarter earnings report after U.S. stock market closes on 7/31, and is expected to record $14.05 billion in quarterly unrealized gains; will there be an opportunity to drive its long-dormant stock price?

STRC preferred stock is very popular, with all raised funds being used to buy Bitcoin.

After issuing 28,011,111 shares of STRC preferred stock, Strategy immediately invested the proceeds into Bitcoin. It acquired 21,021 bitcoins for approximately $2.46 billion, with an average purchase price of $117,256. As of July 29, 2025, Strategy holds 628,791 bitcoins, with an average cost of $73,277 per bitcoin.

Netflix (NASDAQ: NFLX) reported impressive Q2 results, with revenue and profits both exceeding market expectations, prompting the company to raise its full-year forecast. However, the already high expectations from the market resulted in a stock price decline of over 4% after the earnings report was released. Netflix's Q2 revenue reached $11.08 billion, a year-on-year increase of 17.3%, slightly higher than the company's estimate of $11.04 billion. Earnings per share (EPS) were $7.19, exceeding the expected $7.03 and far surpassing last year's $4.88.

Netflix's Q2 earnings report is impressive, with a price-to-earnings ratio of about 40 times.

Netflix has raised its full-year revenue forecast for 2025 to between $44.8 billion and $45.2 billion, higher than the previously estimated $43.5 billion to $44.5 billion. Netflix stated that this revision mainly reflects a weaker dollar, subscriber growth, and a continued rise in advertising business.

Apple (NASDAQ symbol: AAPL) will close a retail store in Dalian, China, next month, marking the first store closure since the tech giant entered the Chinese market in 2008. According to the New York Times, Apple announced on Monday that it would close on August 9 due to a general decline in retail performance at the Parkland Mall in Zhongshan District, Dalian. Several well-known brands, including Michael Kors and Armani, have withdrawn from the mall, and local residents have reported poor operating conditions.

Apple spokesperson Brian Bumbery stated in a statement: In light of multiple retailers exiting Century City, Apple has decided to follow suit and close its store. Apple loves serving Dalian, and all outstanding team members will have the opportunity to continue their careers at Apple, meaning the company will not conduct layoffs.

Ethereum reserve company Bitmine (stock code BMNR) triggered panic selling after revealing the costs and unlocking timelines of early investors, leading to a two-day decline in stock price. The company announced that the board has approved a stock repurchase plan to repurchase up to $1 billion of its outstanding common stock. Can’t stand to see the company's stock price being low, is Bitmine stepping in to protect the market while also taking advantage of the low prices?

(Early investors dumping shares? Examining the Bitmine case to assess the valuation of crypto reserve companies.)

Bitmine announces a billion-dollar stock repurchase plan.

Bitmine announced that the board has approved a stock repurchase plan to repurchase up to $1 billion of its outstanding common stock. This new stock repurchase plan is open-ended, allowing the company to repurchase its stock from time to time in the open market and through negotiated transactions.

The American Bitcoin company Twenty One Capital, directly invested in Bitcoin by the world's largest stablecoin issuer Tether, announced that it will acquire approximately 5,800 Bitcoins from Tether before going public, bringing its total Bitcoin holdings to over 43,500 Bitcoins, with an average cost of $87,280.37 per Bitcoin. Twenty One has secretly submitted an S-4 registration statement draft to the SEC and will trade under the stock symbol 'XXI' after the business merger is completed.

(Directly investing in Twenty One with Bitcoin, the ambitions and blueprint behind Tether)

Twenty One adds more, holding over 43,500 Bitcoins

The S&P 500 index ended its six-day upward momentum as investors turned conservative ahead of the Federal Reserve's interest rate decision. The cryptocurrency market dropped by 0.75% in 24 hours. Although market sentiment remains in the 'greed' zone (63/100), profit-taking and leverage liquidation dominated market trends. Among the top ten cryptocurrencies by market capitalization, only TRX saw an increase, while crypto-related stocks collapsed across the board.

The market ignores tariff progress, with Federal Reserve interest rate decisions and earnings reports dominating the market.

US Treasury Secretary Mnuchin stated that the US and China will negotiate to maintain the tariff truce agreement within two weeks, with any extension ultimately decided by Trump. Mnuchin noted that a 90-day extension is an option. Similar to the situation after the US and EU reached a tariff agreement, the market's reaction to signs of progress in negotiations with China has been muted, indicating that the capacity for such developments to significantly impact Wall Street is declining.

Generative AI has greatly increased the speed of information production, but it has also raised an overlooked concern: the 'Verification Gap'. From former Coinbase CTO Balaji to OpenAI co-founder Karpathy, to venture capital giant a16z, all have warned: 'The verification cost of AI-generated output is becoming the biggest bottleneck and risk of the new era.'

Balaji: The 'verification cost' for AI users becomes the true bottleneck.

Former Coinbase CTO Balaji pointed out last month that the AI usage process can be divided into two stages: 'input prompting' and 'verification output'.

Irresponsible blockchain chatter guaranteed to teach you nothing, a leek drama traversing bull and bear markets, to help you navigate the ever-changing world of crypto. The content might be too challenging to keep up. [Brother! I'm walking again!] Another week has passed!

Brother! I'm walking now | Content outline

1. What are the tangible benefits of the passage of the Stablecoin Act for stablecoin operators? 2. What are the three layers and seven items for stablecoins to penetrate the existing system? 3. What are the structural issues with US dollar stablecoins? 4. What is the IOSR solution?

This article, "EP.217: How Will USD Stablecoins Evolve in the Future? Will Regulatory Arbitrage Finally Converge?" featuring researcher Yu Zhe'an, originally appeared on Chain News ABMedia.

Ethereum co-founder Joe Lubin shared this morning, 7/29, why ETH is used as the core asset for corporate reserve allocation. He stated that ETH is not only more suitable than BTC as a corporate reserve asset, but it can also be staked, participate in DeFi, and provide tangible returns for company assets.

BTC vs ETH: Which corporate reserve strategy should be chosen?

Since MicroStrategy introduced its Bitcoin (BTC) corporate reserve strategy, many companies have followed suit. Now we are also seeing Ethereum-based reserve companies, the most well-known being the ETH reserve company led by Ethereum co-founder Joe Lubin, SharpLink Gaming, an American online gaming company.

Bitcoin has surged over 27% this year; however, most crypto liquidity funds (Liquid Funds) not only failed to outperform the market but also faced significant losses and forced closures. Joe McCann's Asymmetric fund losing ten million dollars in six months is the best case, leading outsiders to question: 'How can you lose even in a bull market?'

Analyzing the reasons behind Asymmetric's 80% loss over six months: high leverage and high exposure

The recent uproar in the crypto industry regarding liquidity funds shutting down, the most notable being Joe McCann's hedge fund company Asymmetric's Liquid Alpha Fund. This fund touted 'high volatility market strategy' but has suffered a staggering 80% loss from the beginning of the year to date and ultimately closed down.

PayPal announced this morning on 7/28 that it will launch a 'crypto payment feature' (Pay With Crypto), allowing merchants to directly accept mainstream coins like BTC and ETH, with a focus on instant settlement and transaction fees reduced to 0.99%, while also supporting multiple digital wallets, expected to officially launch in a few weeks.

Transaction fees can be reduced by up to 90%, and users can earn interest by converting to PYUSD.

PayPal stated that global companies lose billions of dollars each year on cross-border transactions, not only because of high costs and complicated processes but also because it sometimes takes several days to settle. The newly launched 'crypto payment' feature can be the best solution. According to official explanations:

The Ethereum reserve company Bitmine (stock code BMNR) fell nearly 12% yesterday, and its filing revealed the costs and unlocking times of early investors, triggering panic selling. But is it really the case? This article will help you understand how the valuation of crypto reserve companies is calculated, and what the most misleading or difficult-to-obtain data is.

How low is the cost for initial investors?

This document reveals that BitMine has issued an additional 60,674,098 shares of common stock after transforming into an Ethereum reserve company (assuming full exercise), compared to its original issuance, resulting in a potential dilution of 58.8%.

The promotion of Lightning Network payments has been successful, and the earliest fork of the Bitcoin chain, 'Bitcoin Cash', is also actively laying out its plans. Bitcoin Cash (abbreviated as BCH) forked from Bitcoin in 2017. August 1, 2017, marks the anniversary of the hard fork. Although Satoshi Nakamoto initially described Bitcoin as Peer to Peer Electronic Cash in the white paper published in 2009, the high fees at the time made it unsuitable for everyday shopping as cash. The Bitcoin Cash community forked out to focus on small payments in daily life. The Bitcoin Cash community has seen shops around the world gradually join, and several businesses in southern Taiwan have begun accepting Bitcoin Cash. Below is an introduction to the development history and overview of Bitcoin Cash.

(This article is sponsored content, aimed at introducing a meme coin project. Meme coins are highly volatile and risky, and their token prices may experience drastic fluctuations in a short period, even dropping to zero. Any projected figures mentioned in this article, such as percentage increases or target prices, are expectations and potential possibilities from the project team, not realized or guaranteed outcomes. Investors should fully understand and bear all potential risks, and conduct thorough independent research and consult professional financial advisors before making any investment decisions. The information contained in this article does not constitute any investment advice.)

(This article is sponsored content aimed at introducing a meme coin project. Meme coins have extremely high volatility and risk, and their token prices can experience dramatic fluctuations in a short time, even dropping to zero. Any forecast figures mentioned in the text, such as percentage increases or target prices, are potential possibilities expected by the project team and not guaranteed results. Investors should fully understand and bear all potential risks, and must conduct thorough independent research and consult professional financial advisors before making any investment decisions. The information contained in this article does not constitute any investment advice.)