Steak n Shake said Bitcoin payment proceeds will be counted toward its Bitcoin strategic reserve. According to Foresight News, the U.S. fast-food chain said the fees saved versus credit card payments will be reinvested in improving product quality. It also said Bitcoin users have unmatched loyalty.

China’s DRAM chip leader CXMT (688825.SH) listed on the Shanghai Stock Exchange’s STAR Market on July 27 with an offering price of 8.66 yuan per share and gross proceeds of 57.919 billion yuan, setting a STAR Market IPO fundraising record, according to Jiemian News. The stock closed at 47.65 yuan in the report, up 450.23% from the issue price, giving CXMT a market value of 3.19 trillion yuan and making it the largest A-share company by market capitalization. Jiemian News also reported that demand around the listing spilled over into hotels near CXMT’s Hefei campus, with some properties near full occupancy and room rates rising sharply. A Hampton by Hilton near Hefei Xinqiao International Airport said it had been about 90% full recently, while nearby hotels were often sold out or had only a few rooms left. CXMT was founded in Hefei in 2016 and is the only company in mainland China that has achieved large-scale mass production of DRAM chips across the full IDM chain. Its prospectus showed net losses of 8.328 billion yuan in 2022, 16.34 billion yuan in 2023 and 7.145 billion yuan in 2024, before turning a profit of 1.875 billion yuan in 2025. In the first quarter of 2026, revenue was 50.8 billion yuan and net profit reached 24.762 billion yuan; for January-June 2026, the company forecast revenue of 110 billion yuan to 120 billion yuan and net profit of 50 billion yuan to 57 billion yuan.

Meta Platforms Inc.'s Facebook and Instagram served thousands of ads for AI "nudify" apps in violation of company policy, with the ads delivered by one of Meta's few advertising partners in China, according to Bloomberg and a report from the nonprofit Tech Transparency Project. The report said the ads were run on both platforms despite Meta's restrictions on such content.

Hong Kong airline stocks were volatile and moved higher, with China Southern Air up more than 5%, Air China up more than 4.5%, China Eastern Airlines up more than 3.5%, and Cathay Pacific up more than 3%. According to Jin10,

Infringement Pitfalls and Compliance Breakthroughs in Open Source Models: In-Depth Industry Observation in 2026

Changxin Technology, a leading domestic memory chip manufacturer, has officially listed on the Science and Technology Innovation Board (STAR ​​Market) with the stock code "688825".

North Korea built one of the world's most feared hacking programmes — then had to arrest its own operatives for allegedly turning those skills against the state's own banks and laundering the proceeds through crypto.

CEX, DEX, BitMEX, BitMart, Hyperliquid, BitMEX's Demise, Hyperliquid's Rise: Is the Twilight of Centralized Exchanges Coming? Golden Finance: Is the Twilight of Centralized Exchanges Really Here?

The significance of leading institutions forming the Bitcoin Security Alliance lies not in the funds themselves, but in the collective contribution reflecting Bitcoin's current industry standing. The fact that these institutions voluntarily joined together to support developers without seeking any control in return is a landmark event.

The correction in the US technology sector deepens; analysis of the correlation signals between the semiconductor, gold, and bond markets.

The CLARITY bill must be voted on by the U.S. Senate within two weeks (before the August recess), otherwise it will likely be stalled due to political issues related to the midterm elections.

Crypto exchanges BitMEX and BitMart: Is the crypto world about to change? Two exchanges shut down in succession; BitMart announces cessation of operations. Golden Finance: Is a black swan event coming for exchanges?

The 13-day airstrikes against Iraq came to an abrupt end last weekend, with the US offering neither explanation nor announcement—did they run out of ammunition, or is diplomacy reopening? The White House hastily claimed "amplitude is sufficient," while top military officials privately warned of dwindling supplies. Crude oil prices plummeted at the opening on Monday!

Jinse Finance launches its cryptocurrency and blockchain industry daily news bulletin, "Jinse at 8 AM," issue 3132, providing you with the latest and fastest news on the digital currency and blockchain industry.