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Japan Posts June Trade Deficit 406.9B Yen

Japan posted a June 2026 trade deficit of about 406.9 billion yen, the second consecutive shortfall as imports surged 25.4% and exports rose 19.3%, underscoring the impact of a weaker yen and higher oil costs on trade. The result surpassed forecasts for a 120 billion yen deficit and reflects robust import demand alongside resilient export activity, including semiconductors, amid ongoing global pressures.

13 sources

Photo: U.S. Energy Information Administration / Wikimedia Commons (Public domain)

US crude stocks rise after API surprise

API data show US crude inventories increased by 2.603 million barrels for the week ending July 17, surprising against expectations of a 1.5 million-barrel draw, while SPR fell to about 316.5 million barrels—the lowest in over 43 years—and gasoline stocks dropped while distillates rose; production rose to about 13.86 million bpd amid renewed US-Iran tensions and Hormuz disruptions. Analysts note the sizable build complicates the supply picture and traders will watch the EIA's official numbers before adjusting positions.

5 sources

Movement Labs files for Chapter 11 bankruptcy protection

Movement Labs filed for Chapter 11 bankruptcy after a year of turmoil, including a 2025 MOVE token market-making scandal that allegedly dumped tens of millions of MOVE and sharp governance disputes. The firm has overhauled its strategy toward payments and remittances while Move Industries says the broader Movement ecosystem remains unaffected as development continues.

9 sources

Photo: TechCrunch / Wikimedia Commons (CC BY 2.0)

Telegram Plans Non-Custodial Gram Wallet For 1B

Telegram founder Pavel Durov announced a native non-custodial Gram wallet across all Telegram apps this summer, enabling instant, zero-fee cryptocurrency transfers for over one billion users. The rollout, built on The Open Network and rebranding TON to Gram, underscores Telegram’s push into decentralized finance and mass crypto adoption.

9 sources

Photo: Curtis Huisman - www.curtis.media / Wikimedia Commons (CC BY 4.0)

Bitdeer Mines 990 BTC June 2026, 388% YoY

Bitdeer Technologies Group reported 990 Bitcoin mined in June 2026, up 388% year-over-year, with self-mining at 73.0 EH/s and total mining capacity expanding as it advances AI cloud services to about $76 million annual run rate. The company also announced a 10-year Malaysia lease for 21.7 MW of AI data-center capacity, a new Johor Bahru data center, a Norway co-location site, and a Sealminer manufacturing facility in Nevada, highlighting a dual push into crypto mining growth and AI infrastructure.

6 sources

Photo: Aevozer / Wikimedia Commons (CC BY-SA 4.0)

Binance Plans Delisting of Seven Spot, Margin Pairs

Several major crypto exchanges are removing trading pairs: Binance will delist a mix of seven spot pairs and seven margin pairs around July 24, 2026, with open positions liquidated and assets still tradable via other pairs; Bybit is removing 11 Mantle-related spot pairs by July 28, 2026. Users are urged to close positions and review bots or margin settings to avoid automatic liquidations or losses as liquidity shifts and trading access changes across affected assets.

5 sources

Photo: U.S. Air Force / Trevor Cokley / Wikimedia Commons (Public domain)

X Rebuilds Android App After Year-Long Overhaul

X released a rebuilt Android app after nearly a year of work, built from scratch to significantly improve loading, scrolling, and notifications, and it now coincides with the launch of standalone X Money and X Chat apps. While most core improvements are in place, some features remain under development—such as Spaces support and optimization for older devices—with ongoing plans to roll out additional features to Android to expand global reach.

10 sources

Photo: SWinxy / Wikimedia Commons (CC BY 4.0)

Thinking Machines Inkling Open-Weights AI for Enterprise

Thinking Machines Lab unveiled Inkling, a 975-billion-parameter open-weight model led by Mira Murati, designed for enterprise customization with downloadable weights and a Tinker platform for fine-tuning; it uses a mixture-of-experts architecture to balance efficiency and task-specific performance while signaling uncertainty. The company positions Inkling as a flexible alternative to closed models from OpenAI, Google, and Anthropic, and as a competitive option against Chinese open models.

16 sources

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