Coin World News | ByteDance’s AI Posts Annual Revenue of $4 Billion, Ranking First Among China’s AI Companies
2026-08-01 08:02:06
CoinMeta News on August 1st: 1. ByteDance’s annual revenue reached $4 billion, ranking first among Chinese companies. 2. SEC prepares to establish encryption regulations; South Korea confirms the imposition of an encryption tax in 2027. 3. Dune becomes one of the first companies in the EU to accept stablecoin payments under Stripe. 4. Crypto ETFs experienced a capital outflow of $526 million due to weakened demand for Bitcoin. 5. The founder of Russia’s largest crypto mining company was detained for a fraud case involving 1 billion rubles. 6. Bitcoin ETF capital inflows returned, while Ethereum saw capital outflows. 7. ARK Analyst: The crypto market is undergoing its largest integration phase. 8. China Business Journal: Criminals are threatening companies to pay in Bitcoin under false names. 9. Bitcoin spot ETF total net inflows reached $32.1099 million; BlackRock ETF had a single-day net inflow of $89.8281 million. 10. Over $32.1 million flowed into the US spot BTC ETF market.
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Source:Internet
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