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Today · 2026-08-07 · Fri

Balajis: Cyberschools don't close. They're fake news

Balajis stated that the Cyberschools would not be closed, claiming that they were false news. He disclosed that he had received two notifications, the first requiring changes in the language of the logo and the second stating that their shared office space had been consolidated by two adjacent units, with a valid licence on the left but not on the right. On both issues, they had a rescheduling period, which would soon be completed, but the use by members would not be affected。

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MORGAN CHASE: EUROPEAN STOCK MARKETS OR CONTINUED GLOBAL RUN-OFF DURING THE AI-DOMINATED MARKET

On 18 July, Fabio Bassi, head of Morgan Chase cross-assets strategy, stated that as long as artificial intelligence remained the dominant market, European stock market performance could continue to lag behind other major global markets. Bassi said: “If the AI theme remains dominant, I do not think Europe can bridge the gap with other markets.” He noted that Europe faced structural resistance, such as high policy interest rates, high energy prices and low productivity. However, in his view, European markets still had supporting factors from a medium-term macroeconomic perspective. With a large number of export-oriented enterprises in Europe, European stock markets would benefit from a global economy that remained resilient。

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Cardano will transfer control of core software to an external team starting in August

On 18 July, the Cardano Development Corporation, Input Output, will transfer control of key block-chain components, such as Haskel node, the Plutus platform and the Daedalus wallet, from August to outside professional teams as part of a multi-year decentrization drive. Independent companies such as Se7en Labs and Teragone will be responsible for some of the core infrastructure. At least three Cardano versions will be maintained in Haskell, Rust and Go languages and will be subject to community supervision and formal regulation. Cardano is currently facing a weak Internet presence and a sharp drop in the price of ADA coins. Charles Hoskinson, the founder, defined the restructuring and ecosystem-related setbacks as a necessary “growth pain” in the move towards complete decentrization。

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