Mainland media and entertainment shares extended gains, with Mango Super Media, Huanrui Century and China Television Media hitting limit up, while COL Digital Publishing Group rose more than 13%, Bona Film Group gained over 8% and Shanghai Film climbed more than 7%, according to ETNet. ETNet reported that the mainland's first AIGC long-form drama, "Hou Journey to the West," will begin airing at 6:00 PM today. The first five-episode arc, each about 40 minutes long, will debut on Mango TV and then air on Hunan TV's prime-time drama slot at 8:00 PM. The report said the series is the first to use a "produce, review and broadcast at the same time" model after the release of the "Broadcasting and Television 21 Measures," allowing creators to shorten the production-to-air cycle and adjust plot details based on review feedback and audience response.

Binance Wallet announced on X RWA Education Session 2 focuses on bStocks and their use beyond trading. The announcement says some bStocks can also be used to provide liquidity on supported DeFi protocols, allowing the assets to participate on-chain in another way. The message presents bStocks as a tool that can be held and used for liquidity provision, rather than only for trading activity. No additional details were provided about specific protocols, supported assets, eligibility requirements, or timing. The post was framed as part of an education session on real-world assets and their on-chain use cases, with the stated topic centered on liquidity provision through bStocks. The announcement did not include any further instructions, promotional claims, or external references.

Nine of the 10 best-performing S&P 500 stocks over the past decade were tied to artificial intelligence infrastructure, led by Nvidia, whose 10-year total return was near 13,589%, according to BeInCrypto, more than double AMD’s close to 6,000%. The other names included Micron, Comfort Systems, Arista Networks, Lam Research, Tesla, Lumentum, KLA Corp and Seagate, spanning chips, networking, storage and data-center cooling.

President Donald Trump said the United States secured majority control of more than 65 billion barrels of Venezuelan oil reserves and called it the biggest oil deal in history. According to BeInCrypto, Brent crude still rose from about $88 to $90.48 by Monday, as traders focused on Middle East supply risks rather than the Venezuela deal. The agreement gives a private venture a 100-year lease on 17 oil fields, with the U.S. holding a 55% stake, while Delcy Rodriguez said the venture could draw more than $100 billion in investment.

The National Cryptocurrency Association (NCA), a U.S. nonprofit crypto education group, released an interactive map estimating that about 67 million Americans hold cryptocurrency across all 50 states, Washington, D.C., and all 435 congressional districts in the 119th Congress. According to Odaily, the estimates are model-based and not verified holder counts. California has the largest estimated number of holders at about 9.5 million, followed by Texas with 5.94 million, Florida with 4.71 million, New York with 4.66 million, and Illinois with 2.64 million. A separate analysis commissioned by NCA and conducted by Pragmatic Policy Group said the crypto industry supports 231,800 jobs in the U.S., generates $55.4 billion in economic activity, and provides $30.8 billion in worker income, including about 34,000 direct jobs.

Abstract development team member 0xBeans said on X that he will end his work on Abstract. According to Foresight News, he said he wants to return to full-time on-chain development and resume protocols, mechanisms, and experiments that were previously put on hold.

The US struck Iranian rocket launchers that were preparing to send mines into the Strait of Hormuz, its first military action against the Islamic Republic in weeks, according to Bloomberg. Iranian forces were getting ready to launch rockets carrying sea mines into the strait, said Captain Tim Hawkins, a spokesperson for US Central Command. Adding to regional tensions, Agence France-Presse reported Jordan's army intercepted eight missiles shortly after Iran's military said it had attacked targets linked to US forces in the kingdom. The flare-up boosted oil prices and dragged down US stock-index futures in early Asian trading, with global benchmark Brent rising 1.4% to $89.30 a barrel. Last week, the US military said it finished clearing mines from shipping routes in the strait, which previously carried one-fifth of the world's oil and liquefied natural gas, though US allies have privately warned the waterway was still likely mined. Hawkins said US forces are monitoring the area closely and remain prepared to protect the free flow of commerce. The strike was the first military action against Iran in more than a month, as President Donald Trump has shifted toward an economic pressure campaign, though countries with ties to Tehran have so far shrugged off sanction threats and analysts have been underwhelmed by early US actions. Any sustained return to hostilities risks driving up energy costs and stoking inflation, which would unnerve investors and complicate Republicans' effort to retain control of Congress in November's midterm elections, with polls showing growing voter frustration over the war. Iran's Foreign Minister Abbas Araghchi said last week that Tehran remains open to resuming diplomacy but that progress hinges on Washington abandoning its pressure campaign, writing after "creative discussions" with mediator Qatar that "pressure doesn't work." Treasury Secretary Scott Bessent promised an "economic onslaught" against Iran and its trading partners, including China, which buys 90% of Iran's oil, saying the White House would discuss with allies their plans to stop buying Iranian products, though no agreements have been reached. Ahead of the G-20 finance ministers meeting in North Carolina, Bessent told The Associated Press the US would impose sanctions this week on a second bank doing business with Iran, after Treasury last week proposed a rule to sever the Emirati branches of Egypt's Banque Misr from the US financial system. "This is going to be financial violence if we have to," Bessent said.

HUTCHMED (0013) said the SANOVO China Phase III study in previously untreated patients with locally advanced or metastatic non-small cell lung cancer with EGFR mutations and MET overexpression delivered positive top-line results. The combination of ORPATHYS (savolitinib) and TAGRISSO (osimertinib) showed statistically significant and clinically meaningful progression-free survival improvement versus TAGRISSO monotherapy in both the high-MET and intent-to-treat patient populations, according to Ming Pao.

According to CNBC, India’s largest digital and telecom operator, Jio Platforms, received regulatory approval for an initial public offering. The National Stock Exchange, which is also pursuing a large share sale, is still waiting for regulatory clearance.

Walsh anchored the 2% PCE target, with financial conditions not yet restrictive, and market pricing accelerating towards tightening.

A forced dovish stance might not be a good thing and could cause even greater trouble. If Warsh remains slow to act in the face of consistently high-pressure data and converging expectations, it could lead to a greater crisis of confidence and cause a greater shock to the US Treasury market.

a16z announced that it has raised $1.1 billion for its newly established AI Hardware Machine Age Fund.

The U.S. military launched a nighttime attack on a rocket launcher belonging to the Iranian Revolutionary Guard on Larak Island, claiming it was preparing to lay mines. This marks the first time the U.S. has publicly acknowledged military action against Iran since the end of July. Iran vowed retaliation and stated it had launched missiles at U.S. bases.

Jinse Finance launches its cryptocurrency and blockchain industry daily news report, "Jinse at 8 AM," issue 3167, providing you with the latest and fastest news on the digital currency and blockchain industry.

Golden Weekly is a weekly blockchain industry summary column launched by Golden Finance, covering key news, mining information, project updates, technological advancements, and other industry dynamics.

Every few years, a new technology brings to the forefront questions that economics alone cannot answer: What if a machine can do your job better, cheaper, and without rest? And who owns the output created by these machines?

According to Krugman, Warsh's remarks were more hawkish than before, completely abandoning the alternative inflation measures he had tentatively proposed earlier, and sending no signal to any market participants expecting interest rate cuts.

Historically, the "rule of 25" suggests that economic collapses rarely occur before technology spending reaches 25% of economic output. Currently, AI investment is far from reaching this threshold, and this boom is likely to last much longer than anticipated.

Bitcoin saw gains of up to 100 times in its early cycles, but returns have narrowed significantly in recent cycles. If this trend continues, Bitcoin will eventually resemble a mature asset, and its returns will gradually normalize.