Flash News

Auto-synced blockchain, market and macro-finance updates

Auto
Today · 2026-08-05 · Wed

Circle: The essence of a stable currency is the dollar that can be transferred through the Internet

On 20 July, Circle stated that a simple understanding of the core logic of USDC, and of its various applications, is a rapid landing: it is a dollar that flows through a chain of blocks, supported by one-to-one high-liquid, high-quality assets, supported by a full reserve and subject to compliance; USDC will be a central component of the United States financial system when the GENIUS Act lands next January. General user requirements: 24 hours a day, like sending mail, secure and inexpensive. End-use of the enterprise: To be used in the management of the fund pool; financial institutions may use it to pay a bond at a clearing institution to significantly improve operational efficiency。

View Details

Circle's president responded that the stock price dropped from $260 to $62

On July 120, this week, in an interview with FOX Business, the Managing Director of Circle Heath Tarbert responded to a question about a sharp drop in stock prices from $260 to $62. He said that the company was looking at long-term development and that stock prices would provide answers in the long term if the mission of building the infrastructure of the entire Internet platform were to be realized. Faced with the new competition brought about by the Open USD coalition of 140 companies, including Visa, Stripe, Mastercard and Google, Heath Tarbert argued that USDC, as a native supporter of 34 block chains, had a network effect of $73 billion that was very difficult to replicate. In response to the difference in market position with Tether, he said that USDC was the largest regulated and stable currency in the world and had the highest actual size of transactions。

View Details

Netflix Q2 shows a decline in profits and a drop of over 7 per cent in stock prices

Netflix, in its Q2 press release on Thursday, projected Q3 income growth below Q2, resulting in a decline of over 7 per cent in stock prices on Friday, at $68.95, a six-month low. Despite the decline in operating profits over the same period, it is still higher than last quarter and its own projections. Analysts expect Netflix to have earned between $51 billion and $514 billion in 2026, an increase of 13.3 per cent over $45.18 billion in 2025. At the same time, Netflix Free Cash Flow (FCF) is expected to remain strong, although Q2 Free Cash Flows stand at $1,525 million, down from $2,267 million in the same period last year。

View Details

BlackCat extortion software conspirators confiscated approximately $8.37 million of encrypted assets and real estate vehicles

On 20 July, according to the United States Department of Justice ' s declaration of asset confiscation, the Federal Court for the Southern District of Florida had ordered the confiscation of approximately 90.319 BTC, 7999.873 XMRs and a small number XRP, XLM and SOLs held by Angelo Martino, a conspirator of BlackCat/ALPHV extortion software. On a rough basis, the total value of encrypted assets is approximately $8.37 million, of which the BTC value is approximately $5.84 million, the XMR value is approximately $2.46 million, and other currencies total approximately $71,000. At the same time, the court ordered the confiscation of two of its Florida properties and of its assets such as cars, boats, etc. Martino, a former negotiator of extortion software, was sentenced to 70 months in prison for having leaked information about his client ' s negotiations to the attackers and for having participated in extortion attacks。

View Details

Astera Labs and Navitas Sem Early Releasend nductor: AI Revenue Track revealed investor information

The income trajectory of Astera Labs (Nastac:ALAB) and Navitas Sem (Nastac:NVTS) in the area of artificial intelligence reveals their market performance. Astera Labs focused on developing and market extension connectivity solutions, and recently expanded its operations in Taiwan and incorporated into the NASDAQ 100 index, reporting a net income of 26 per cent for the first quarter of 2026. In contrast, Navitas Sem's early distribution of Nductor's design and development of the Nitrogen Power Integrated Circuit has recently faced patent infringement proceedings, and its EBIT rate was negative 318 per cent in the first quarter of 2026. Both companies are seeking to take advantage of the growth of the artificial intelligence sector, with Astera Labs achieving an annual growth rate of 93 per cent in the first quarter, while Navitas, in transition, plan to focus on power conversion and charging solutions。

View Details

The power builder announced a $100 billion investment to expand the Arizona chip plant

AT ITS SECOND-QUARTER FINANCIAL TELECONFERENCE, NYSE:TSM ANNOUNCED AN ADDITIONAL INVESTMENT OF $100 BILLION TO EXPAND ITS CHIP MANUFACTURING FACILITY IN ARIZONA. THIS INITIATIVE SHOWS THAT THERE IS CONFIDENCE IN THE CONSTRUCTION OF ARTIFICIAL INTELLIGENCE INFRASTRUCTURE AND THAT FUTURE DEMAND IS EXPECTED TO GROW. THE SHARE OF THE GLOBAL SEMICONDUCTOR SECTOR IN THE MARKET IS NEARLY TWO THIRDS, WITH 66 PER CENT OF THE INCOME DERIVED FROM HIGH PERFORMANCE CALCULATIONS, INDICATING A HIGH DEMAND FOR ITS PRODUCTION CAPACITY BY ARTIFICIAL INTELLIGENCE。

View Details