DeFi data

1. Total market value of DeFi tokens: 64.627 billion US dollars

DeFi Total Market Cap Data Source: coingecko

2. Trading volume of decentralized exchanges in the past 24 hours: $32.34

Trading volume of decentralized exchanges in the past 24 hours. Data source: coingecko

3. Assets locked in DeFi: $767.12 billion$100 million

Top 10 DeFi Projects by Locked Assets and Total Value Locked. Data Source: defillama

NFT Data

1. Total Market Value of NFTs: $5.749 billion

2.24 hours NFT transaction volume 781 million US dollars

Toutiao

Huang Renxun Announces the Establishment of the Open Security AI Alliance to Promote Open Source Models for Network Defense

On July 27, NVIDIA founder and CEO Huang Renxun once again posted on the X platform, stating that attackers have mastered cutting-edge AI, and defenders need a "cutting-edge AI ecosystem" composed of both open-source and closed-source cutting-edge models, with the global community amplifying defensive capabilities. He mentioned that in the previous Hugging Face security incident, some closed-source AI hindered key forensics, while open weighted cutting-edge models played a role in curbing intrusions, thus leading to the decision to promote the Open Security AI Alliance. Previously, NVIDIA (NVDA.O), together with Palantir, IBM, CrowdStrike, SpaceX, and HuggingFace, established the "Open Security AI Alliance" to strengthen the security of open-source AI.

AI Hot Topics

1. Morgan Stanley Bullish on AI Adopters' Profitability

On July 27, Morgan Stanley strategists stated that US companies integrating artificial intelligence (AI) technology capabilities are expected to achieve stronger profit margins. They predict that by 2027, approximately 100 basis points of net profit margin expansion will be related to the adoption of AI.

2. OpenAI Announces New EU Headquarters in Ireland

On July 27, OpenAI announced the establishment of a new EU headquarters in Ireland, creating 250 new jobs.

3. NVIDIA Leads the Formation of the "Open and Secure AI Alliance"

On July 27, NVIDIA (NVDA.O), together with Palantir, IBM, CrowdStrike, SpaceX, and HuggingFace, established the "Open and Secure AI Alliance," aiming to strengthen the security of open-source AI. The alliance will share open models, data, and cybersecurity tools, and calls on policymakers to support open AI through complementary security measures, rather than imposing broad restrictions.

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4. Bitcoin OG Old Cat: The AI ​​Narrative Still Has at Least 2-3 Years of Potential

On July 27th, at the Money Frontier 2026 New Infrastructure Intelligent Computing Summit, Bitcoin OG Old Cat gave a speech stating that for the past ten years, he firmly believed that the biggest macroeconomic issue in the world was the continuous over-issuance of currency by governments around the world, and that Bitcoin, as a hedging tool against this over-issuance, was the most powerful trend. This powerful trend made him disregard all other fundamentals and other asset classes. However, this year he suddenly discovered that the narrative that brought the greatest value to Bitcoin had dimmed. Bitcoin's previous narrative was like a 100-watt light bulb in a dark world, but in the last two years, a 1000-watt light suddenly appeared not far away, its name being AI. Bitcoin's funds are flowing steadily into AI. AI has become the biggest narrative, AI has become the biggest macroeconomic issue. After recognizing this reality, he began to think about how to participate in this narrative.

... However, the premise is to judge how long this new narrative can last. My judgment is as follows: the AI ​​narrative still has at least 2-3 years of space, and AI itself is also the engine of global economic growth in the next 10 years. Although I still believe in Bitcoin, still hold Bitcoin positions, and believe that BTC may return to the center of the narrative someday, the days of 100% BTC holding are over; BTC has become an allocation. He believes that the current reasonable asset allocation is: 40% BTC, as a core asset; 30% AI/Tech, as a productivity asset; 20% cash, as a liquidity reserve; and 10% other diversified allocations.

5. Kimi K3 is expected to be open source at 11 pm tonight

July 27th news: The Dark Side of the Moon has created a KimiK3 model page on the official Hugging Face account and started a countdown to the weight release. The page shows that the model is expected to go live at 23:00 Beijing time on July 27th, and 1356 people have already subscribed to the release reminder.

... KimiK3 is the latest flagship model from Dark Side of the Moon, boasting a total of 2.8 trillion parameters and primarily targeting long-duration programming and agent tasks. Once the weights are released, developers will be able to download, deploy, and test it themselves.

DeFi Hot Topics

1. Kraken's parent company Payward acquires Magic Labs' embedded wallet business

On July 27th, MagicLabs sold its embedded wallet business to Payward, the parent company of cryptocurrency exchange Kraken, in an asset sale transaction. Following the transaction, wallet customers will be transferred to Payward Services, and Magic Labs will be renamed Newton Labs, focusing on developing the Newton Protocol, a licensing layer for on-chain finance. Meanwhile, Payward continues to expand its financial infrastructure footprint, having previously acquired Bitnomial, Reap Technologies, and Ninja Trader.

2. Circle Acquires IBM's Blockchain Patent Portfolio

Stablecoin USDC issuer Circle has acquired IBM's blockchain patent portfolio. Circle rose nearly 3% pre-market.

3. USDC Treasury Mints 250 Million New USDC on Solana Blockchain

According to Whale Alert monitoring, at 17:17:58 Beijing time, USDC Treasury minted 250 million new USDC on the Solana blockchain.

4. Binance Wallet Meme Rush Adds Support for 4 Robinhood On-Chain Protocols According to the official announcement, Binance Wallet Meme Rush has added support for 4 protocols on the Robinhood chain, including Pons family, Ape store, Uniswap V2, and Uniswap V3. 5. Stripe Head of Partnerships Connor Fitzgerald Resigns On July 27, Connor Fitzgerald, Head of Partnerships at Stripe, tweeted that he had resigned this week. During his tenure, Connor Fitzgerald facilitated partnerships between Stripe and Visa, enabling wallets/fintech companies to issue Visa cards backed by stablecoins. Within a year, he expanded the business to 100 markets, achieving the first stablecoin settlement stream in the United States. Disclaimer: Jinse Finance, as a blockchain information platform, publishes articles for informational purposes only and should not be considered actual investment advice. Please establish sound investment principles and be sure to enhance your risk awareness.