The Cyberspace Administration of China announced the first phase of its campaign to rectify irregularities in AI applications, with over 14,000 non-compliant products dealt with.
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The Cyberspace Administration of China has launched the first phase of its "Clean Internet: Rectifying the Chaos in AI Applications" special campaign.
According to BlockBeats, on July 6th, the "Clean Up the Internet: Rectifying the Chaos in AI Applications" campaign, launched in April 2026, has focused on addressing various issues in AI applications, including failure to fulfill registration obligations for large-scale models, insufficient security and filtering capabilities of AI platforms, AI data poisoning, and inadequate implementation of labeling for generated and synthesized content. The Cyberspace Administration of China (CAC) has deployed local cyberspace administration departments to further advance the first phase of key rectification tasks and established a "Special Reporting Area for AI Application Chaos" to specifically accept public reports. With the joint efforts of all parties, the first phase has resulted in the handling of over 14,000 AI products, including illegal websites, applications, and intelligent agents; the removal of over 6 million pieces of illegal and irregular information; the handling of over 26,000 accounts; and the removal of over 1,300 illegal AI products and 9 illegal open-source datasets. Positive progress has been made in all aspects of the work.
Sui: LoquaApp launches privacy-first messaging application; Sui Tunnels experiment to open TPS stress testing.
Odaily Odaily reports that Sui announced on the X platform that this week's priorities include ensuring data privacy, expanding the decentralized capital market, and welcoming new teams to the network development pipeline. LoquaApp launched a privacy-first AI-assisted messaging application on Sui, allowing users to send messages in chat, interact with the AI agent, and conduct peer-to-peer token transfers; RipStationxyz deployed rated Pokémon cards on Sui for on-chain trading and physical exchange; suidevelopers held a technical conference where kostascrypto and abhinavg6 analyzed the cryptography behind protocol-level confidential transfers; 0xfluid selected Hashi Build an institutional-grade Bitcoin lending market, enabling native BTC to be used as collateral through formally validated contracts on Sui; realtbook partnered with paga to create a compliant financial bridge, providing tokenized real-world assets to consumers and businesses in Africa; and six early development teams—AssetoFinance, audricai, gendotpro, kash_bot, predikt_gg, and transact_sh—completed the third phase of Sui Hydropower. Fellowship; Tradeonhudi announced the upcoming launch of 24/7 leveraged perpetual equity contracts for the South Korean, Japanese, and Hong Kong markets; Turbos Finance released its Q2 2026 report, noting the launch of CLMM and its record-breaking single-day SUI-USDC trading volume exceeding $17 million, making it the highest-traded AMM DEX. The upcoming Sui Tunnels experiment will be open for testing network TPS limits under load.
China releases world's first AI-powered stratigraphic model, creating a "shared database" for the Earth.
Mars Finance reports that at the 5th International Congress of Stratigraphy currently being held in Suzhou, Chinese scientists unveiled the first AI-powered stratigraphic model and a new intelligent global stratigraphic profile comparison system, among other new tools. This means that for the first time, Earth's 4.6 billion-year evolutionary history will have a globally shared database. (Cailian Press)
BitRing launches "Million BRT Challenge" airdrop campaign
ChainCatcher reports that BitRing has announced an upgrade to its incentive program, officially launching the "1,000,000 BRT Challenge" campaign. The rules state that users who successfully invite 20 friends will receive a guaranteed airdrop reward of 20 BRT. The exclusive airdrop reward pool for this campaign totals 100,000 BRT, and rewards will be distributed on a first-come, first-served basis. Furthermore, the official announcement states that the platform's fitness data recording system now supports integration with multiple mainstream smart wearable devices, including Apple Watch and WHOOP.
Nari Radar: Launches new S-band fully polarized multi-functional active phased array radar and AI weather model
Mars Finance reports that Narurador (688522.SH) announced the first official public release of its independently developed "WDSPT0152" S-band fully polarized multi-functional active phased array radar and the "Ruichen" ultra-refined short-time near-term AI weather model. The new products are in their early stages of development and have not yet received customer orders; future revenue is uncertain. (Cailian Press)
Momenta, dubbed the "first stock in physics AI," has completed its IPO, with its market capitalization once exceeding HK$70 billion.
Odaily Odaily reports that Momenta, dubbed the "first stock in physical AI," has completed its IPO on the Hong Kong Stock Exchange. The offering price was HK$295.6 per share, and the public offering was oversubscribed by 414 times. The stock opened slightly higher, with its market capitalization briefly exceeding HK$70 billion. Assuming the "greenshoe option" (over-allotment option) is fully exercised, the global offering consisted of approximately 22.93 million shares, raising approximately HK$6.8 billion. According to ZhenFund, Momenta announced that its mass-produced business has surpassed 1 million units equipped with its technology.