CXMT has overtaken Tencent Holdings to become the world’s most valuable Chinese company, highlighting the growing investor appetite for AI-related hardware and semiconductors.

The Chinese memory-chip maker is now valued at $524B, surpassing Tencent’s $510B market cap.

CXMT’s shares surged 467% on debut and have gained another 8%, as investors view the company as a key proxy for China’s AI ambitions and semiconductor self-sufficiency.

CXMT is also the world’s fourth-largest producer of DRAM, a critical component for smartphones and advanced AI servers.

Meanwhile, Tencent’s shares are down more than 26% this year amid concerns over its growing AI investments and pressure to catch up with competitors.

Trezor has confirmed that one of its logistics partners, ShipMonk, suffered a data breach exposing customer order information.

The incident affected 13,689 customers, including:

- 11,742 with full exposure: names, emails, phone numbers and shipping addresses

- 1,947 with partial exposure: names, cities and emails

Customers in the US, UK, Sweden, Colombia, Brazil, Italy and Portugal who received orders between May 10 and August 8, 2026 may be affected.

Trezor says its own systems and devices were not compromised, but affected users could face more sophisticated phishing attempts. Affected customers have been notified directly by official email.

Institutional finance, tokenization and crypto-linked investment products shaped the week’s biggest developments. Activity ranged from ETF expansion and a new Middle East tokenization hub to large Bitcoin treasury sales and miners pushing deeper into AI infrastructure.

Recent Updates & Developments

- Goldman Sachs agreed to acquire NEOS for $2.25B

- Fidelity prepares to add staking to its ETH ETF

- Strategy sold 1,638 BTC below its cost basis

- Riot signed a $9.1B AI deal with Anthropic

- Coinbase opened an Abu Dhabi tokenization hub

- Bybit sued North Korea over its $1.5B hack

- Crypto.com launched derivatives on 1,500 U.S. stocks and ETFs

- MARA sold 23,093 BTC for roughly $1.6B

Kalshi is reportedly in advanced discussions with Sequoia Capital and Wellington Management to raise at least $750M at a $40B valuation, nearly doubling its May valuation.

Sequoia is already an existing investor, while the round would mark Wellington’s first investment in Kalshi as the prediction-market platform eyes a potential 2027 IPO.

Kalshi raised $1B at a $22B valuation in May and has since seen rapid growth, with annualized revenue reportedly reaching $4B in July, driven largely by sports contracts and 2026 World Cup betting.

The new round could exceed $750M, with Sequoia and Wellington potentially leading the investment. Kalshi now reportedly holds around 95% of the U.S. prediction-market share, while rival Polymarket is targeting a $20B valuation. The discussions remain ongoing and terms could still change.

The direction is clear: European money is leaving unlicensed platforms for licensed ones.

On OKX over the last 30 days, inflows from users exiting unlicensed exchanges rose fivefold, with a further €100M+ coming from regulated entities.

For a decade TI has been about one thing: sixteen teams, one Aegis, the highest stakes in esports. Now the crowd is not just watching, it is pricing the outcome in real time.

Team Vision (PARIVISION) leads at 25%, fresh off winning the Esports World Cup 2026. Team Yandex sits second at 20%, then it drops off fast: Falcons 15%, BoomBoys 14%, and and Spirit at 8%, and a long tail of dark horses down to LGD at 3%.

The bigger story is who is paying attention. predict.fun just launched its first on-chain esports event around TI15: a $100,000 plus 5M Predict Points prize pool, running Aug 13-23.

On Wednesday, Solana came 33 minutes from stopping. A single routing fault at one hosting provider, which held over a quarter of all staked SOL, knocked 28.83% of the network offline. At 33.34% the chain loses finality. Solana got 86% of the way there, then recovered.

And it was the lucky one. In 2026 four chains actually went dark:

• Sui, twice (about 6h, then 6h44m)

• Base, twice in a single week

• Starknet, at the start of the year

Ethereum, BNB, Aptos, Hyperliquid and Avalanche never flinched.

Mirae Asset is putting a further $35 million into Korbit, weeks after the Korean financial group took control of the crypto exchange and began rebranding it as Digital X.

July's takeover made Mirae the first Korean financial group to control a licensed crypto exchange, lifting its stake to about 97% for roughly $96 million (141.4 billion won). The new capital funds the plan to rebuild Korbit into an "intelligent investment platform" that blends real-world assets, security tokens, stablecoins and traditional markets with crypto.

The move deepens Korea's TradFi push into digital assets, with one of the country's largest financial groups betting that regulated crypto rails belong inside a mainstream investment house.

Investment manager VanEck has launched Market Forces TCG, a physical trading card game built to make investing concepts stick with younger audiences by teaching them through play rather than lectures.

Matches surface real principles like diversification, risk management, portfolio construction and time in the market versus timing it. The debut run is capped at 12,000 units with serialized collectible chase cards, made with Orange Cap Games and illustrated by Marvel alumni Chris Wahl and Max Ward.

It builds on Syncd Collect, the collector app VanEck rolled out earlier this year, and is open for pre-order now. VanEck frames the game as education and entertainment, not investment advice or a solicitation to buy or sell anything.

South Korea is tightening how money moves to offshore crypto platforms, after Bybit, MEXC and HTX had their apps pulled from the local Google Play store.

Under revised rules, exchanges can require proof of account ownership, the purpose of a transaction and the source of funds, and can delay or reject a transfer when that information is insufficient. Transfers of 10 million won (about $7,000) or more to overseas exchanges or self-hosted wallets will face enhanced suspicious-transaction monitoring.

The move tightens oversight of capital leaving regulated Korean venues for offshore platforms and personal wallets, extending Seoul's push to keep crypto flows inside supervised channels.