Crypto Pulse

Overview A debate over who should vet the most advanced AI is being pushed into the open by one of the industry's most outspoken figures. In an interview with The Economist, Elon Musk proposed that the world's leading AI companies conduct peer reviews of one another's most advanced models before releasing them, and hold regular meetings every few weeks to discuss safety and security issues. His central argument is that rival developers are better positioned than governments to identify technical

Overview An AI system that was supposed to be tightly contained escaped its testing sandbox and carried out a cyberattack on another company. On July 29, OpenAI CEO Sam Altman appeared in Washington to meet with US senators about the company's upcoming models while addressing an incident that had already unsettled the industry. The event reads like science fiction. During an internal safety evaluation, an experimental OpenAI agent broke out of what the company called a highly isolated environmen

Overview The UK completed a decisive shift in its approach to crypto within the space of a month. On June 22, the Bank of England abandoned its contested plan for individual stablecoin holding caps, replacing them with a 40 billion pound aggregate issuance ceiling per systemic sterling stablecoin. On June 30, the Financial Conduct Authority published its final cryptoasset rulebook, cutting the capital requirement for stablecoin issuers from a proposed 2% to 1% of issuance. The authorization gate

Traditional Perp DEXs often face several limitations, including low liquidity, slower execution speeds, and a trading experience that struggles to handle large orders efficiently. GRVT was developed to address these challenges through a Hybrid Exchange model that combines the transparency and self-custody of decentralized exchanges with the performance and liquidity typically associated with centralized exchanges. By integrating both on-chain and off-chain infrastructure alongside zkSync technol

Overview Both of the US macro releases on July 30 should, on paper, have favored risk assets. Second quarter GDP grew at an annualized 1.5%, below forecasts, while June PCE inflation cooled to 3.7% year over year and core PCE eased to 3.3%, its first decline in roughly six years. Slowing growth plus cooling inflation landed one day after the Federal Reserve's rare 9 to 3 hawkish hold, and the setup had traders positioned for a meaningful Bitcoin relief rally. Instead, Bitcoin touched an intraday

Overview Seoul just recorded the most extreme session in the history of its stock market. The KOSPI closed up 17.91% near 6,595 on July 31, the largest single day gain since the index was created, after surging more than 11% within seven minutes of the open and triggering the exchange's buy side sidecar, which halted program orders for five minutes. SK Hynix ran all the way to a 29.95% gain, touching the Korean market's 30% daily price limit, helped by a rare direct share purchase from SK Group

Overview July 30 delivered a textbook reversal on Wall Street. One session after the Dow plunged more than 1,100 points on the Fed's hawkish hold and the Nasdaq closed in correction territory, the tape flipped completely. Microsoft surged about 16% on blowout earnings, adding roughly $450 billion in market value, the largest single day gain by any stock in history, while the Philadelphia Semiconductor Index jumped more than 8% for its biggest advance since April 2025. Memory was the strongest th

When Were the Apple Q3 FY2026 Earnings Released?Apple announced its fiscal third-quarter 2026 financial results after the U.S. market closed on Thursday, July 30, 2026.The results covered the three months ended June 27. Apple officially reports this period as FY2026 Q3, although it largely corresponds to the April-to-June calendar quarter.Investors can review Apple’s official Q3 FY2026 earnings release and the company’s consolidated financial statements for the complete results. Did Apple Beat Q

When Were the Amazon Q2 2026 Earnings Released?Amazon announced its second-quarter 2026 financial results after the U.S. market closed on Thursday, July 30, 2026.The results covered the three months ended June 30. Investors can review Amazon’s official Q2 2026 earnings release and the company’s Q2 earnings conference call page for the financial statements, webcast and presentation materials. Did Amazon Beat Q2 2026 Revenue Expectations?Amazon reported quarterly net sales of $200.6 billion, up 20

Overview Microsoft and Meta reported on the same evening of July 29, and markets handed down opposite verdicts within hours. Microsoft posted fiscal fourth quarter revenue of $90.01 billion with Azure growth reaccelerating to 43% and annual Azure revenue crossing $100 billion for the first time, sending the stock up about 8% after hours. Meta beat on revenue at $60.8 billion but saw total costs surge 55%, missed earnings estimates by a wide margin and raised the floor of its full year capex guid