Alibaba has internally announced a complete ban on Claude, effective July 10.
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Busan Bank of South Korea completes pilot program for Korean won stablecoin on Kaia Chain.
According to Foresight News , BNK Busan Bank has completed a pilot project on Kaia Chain for a stablecoin infrastructure based on the Korean won, intended for use in digital local currency scenarios. This proof-of-concept (PoC) involved K-STAR Alliance partners AhnLab Blockchain Company, Lambda256, and Open Asset. Test results showed a 100% transaction success rate and a processing time of less than one second.
Mindray Electronics: Wafer foundry Guangxin Microelectronics raised prices by 10%-20% in June; Jingrui Electronics raised prices by approximately 15% in July.
According to Mars Finance, Mindray Electronics (300656.SZ) released an investor relations activity record announcement, stating that its controlling wafer foundry, Guangxin Microelectronics, will raise its foundry prices by 10-20% starting in June 2026. Guangxin Microelectronics' production capacity and orders are at full capacity. The planned capacity of its Phase I production plant is 100,000 6-inch silicon-based wafers per month. The company is strengthening its financial strength through introducing social capital, new bank financing, and launching a 1 billion yuan private placement. Equipment is gradually being installed and debugged, and the company will expedite the full production of the Phase I project and launch the Phase II project at an appropriate time. Jingrui Electronics, a wafer raw material company in which the company holds a stake, issued a price increase notice in June 2026, with a price increase of approximately 15%, effective July 1st. Jingrui Electronics has completed approximately 200 million yuan in equity financing this year and is building a new single crystal rod project, expected to be put into production by the end of this year or early next year. After production begins, it will become one of the few companies in China to achieve a complete silicon wafer industry chain layout. Jingrui Electronics is one of the few domestic semiconductor material companies that has achieved mass production of SOI products. Its downstream applications mainly cover MEMS sensors, aerospace radiation-hardened devices, and high-end power devices. The company's controlling stake in Guangwei Integrated Circuits, a power semiconductor design company, has seen continuous sales growth for its core product, MOSFETs (Metal-Oxide-Semiconductor Field-Effect Diodes), increasing from approximately 1,000 units per month in early 2025 to over 10,000 units per month currently, and is expected to continue growing. (Cailian Press)
Chip startup SambaNova raises $1 billion, valuing the company at $11 billion.
Mars Finance reported on July 8th that SambaNova Systems, a chip startup backed by Intel's venture capital arm, has completed a $1 billion Series F funding round, valuing the company at $11 billion. The company is scheduled to officially announce the news on July 8th local time. (Wide Angle Observation)
AngelList will cease supporting cryptocurrency investments at the end of July due to the shutdown of its third-party payment service.
According to Foresight News , AngelList, a venture capital firm, announced on its official help page that it will no longer support investment and financing using cryptocurrencies starting July 31, 2026. The announcement stated that its third-party cryptocurrency payment service provider will soon cease operations, therefore the option to use digital assets such as USDC, USDT, DAI, and ETH to complete new investments, fundraising, or rolling fund subscriptions will be suspended across the platform until further notice. Other financing methods, such as ACH transfers and wire transfers, will not be affected. The announcement states that investments completed on or before July 31, 2026, will not be affected by this change and require no action from users; thereafter, users will need to use ACH or wire transfer to complete fund payments. For outstanding capital commitments originally planned to be made in cryptocurrency, AngelList advises investors to transfer all corresponding cryptocurrency assets to their AngelList accounts for safekeeping before July 30, or to complete subsequent investments via wire transfer or ACH. AngelList stated that it is evaluating the possibility of restoring digital asset financing functionality through a new service provider, but there is no definite timetable yet.
Binance stock trading will be suspended on July 11 to support system upgrades for partner brokers.
According to Foresight News , Binance announced that due to a system upgrade by its partner brokerage, stock trading will be suspended from 18:50 to 23:30 (Beijing time) on July 11, 2026. During this period, users will be unable to place orders. Service will be automatically restored after the upgrade is completed, but the actual downtime may be adjusted.
H3C completes industry's first real-world test of full-scenario interoperability of 800G intelligent computing network.
Mars Finance reported on July 7th that at the recent 2026 CFCF Optical Connectivity Conference, H3C Group completed a full-scenario network deployment test of its 800G intelligent computing network, covering Scale-Up, Scale-Out, and Scale-Across scenarios. In the Scale-Up/Out scenario, the S9828-128EP switch, equipped with 1024 112G ports and an 800G LPO solution, reduced overall power consumption by 27% and link latency by 17%. For long-distance cross-domain scenarios, the S12500R-64EP DCI switch completed an 80km full-bandwidth interoperability test without repeaters using 800G ZR/ZR+ modules from multiple vendors. (Wide Angle Observation)