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Share link:In this post: Jay Ha sniped 85% of KIKI tokens and dumped 20% within 24 hours. Over $3M in investor funds vanished through fake listings and OTC deals. Team members were misled, underpaid, and silenced while wallets were drained. Ha disappeared to Southeast Asia after stealing assets and avoiding all accountability.
Share link:In this post: Judge says Elon Musk must face OpenAI’s “harassment campaign” allegations in court. OpenAI accuses Musk of using legal and media tactics for personal gain. Jury trial in Oakland set for March 2026 amid deepening feud.
Share link:In this post: Despite world-class engineering talent, India has yet to produce a frontier AI model. South Korean start-up Upstage’s Solar Pro 2 has become the country’s first recognized frontier LLM, reportedly outperforming models from Anthropic, DeepSeek, and OpenAI. South Korea has committed over $70B to enter the top-three in AI, while India’s progress is slowed by limited funding, dominant conglomerates, and reliance on foreign innovation.
Share link:In this post: Piper Sandler raised Nvidia’s price target to $225, projecting a 23% upside ahead of Q2 earnings on August 27. Nvidia is facing strong demand but limited supply, especially with delays in GB200 systems and U.S. HPC demand. China GPU sales resumed with a 15% U.S. tariff, and investors are watching how that affects Q2 margins and Q3 revenue.
- 10:02Duodian Digital Intelligence: Plans Potential Acquisition of 100% Equity in Two Licensed CorporationsForesight News: According to an announcement by the Hong Kong Stock Exchange, the board of directors of Duodian Shuzhi Co., Ltd. has announced that it has submitted a non-legally binding letter of intent regarding the potential acquisition of 100% equity in two licensed corporations under the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong). One of the target companies for the potential acquisition is licensed to conduct Type 4 (advising on securities), Type 5 (advising on futures contracts), and Type 9 (asset management) regulated activities, while the other company holds a Type 1 (dealing in securities) license. As of the date of the announcement, no binding agreements have been signed by the parties regarding the potential acquisition, and terms are still under negotiation. This potential acquisition is considered a strategic move that will help the company quickly enter the regulated financial services sector and lay the foundation for subsequent upgrades of Type 1, Type 4, and Type 9 licenses to provide virtual asset trading services. The company plans to upgrade the relevant licenses to carry out core virtual asset business after the completion of the potential acquisition. The board of directors stated that the terms and conditions of the potential acquisition are still under negotiation.
- 10:02Ding Shi Capital plans to use approximately HK$5.3 million for a virtual asset trading license application.Foresight News: Hong Kong-listed company Ding Shi Capital Limited has announced that 15,502,949 unsubscribed rights issue shares have been successfully placed at a placement price of HKD 1.66 per share. The total proceeds from the rights issue amount to approximately HKD 60.7 million, with net proceeds of about HKD 57.6 million. The company intends to use approximately 9.2% (about HKD 5.3 million) of the net proceeds for potential application for a virtual asset trading license.
- 09:15Bank of America: Raises next year's gold and silver price forecasts to $5,000 per ounce and $65 per ounceJinse Finance reported that Bank of America has raised its gold and silver price forecasts for next year to $5,000 per ounce (with an average of $4,400 per ounce) and $65 per ounce (with an average of $56 per ounce), respectively. The extreme imbalance in the physical silver market may normalize at some stage, thereby increasing volatility.