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The Dark Side of the Moon (Kimi) has been renamed Beijing Dark Side of the Moon Technology Co., Ltd., and the company type has changed from a limited liability company to a non-listed joint-stock company. Yang Zhilin serves as the chairman and manager, Zhang Yutong has been added as a director, and Song Sijia has been added as the financial officer.This change is commonly referred to as a stock reform. The China Securities Regulatory Commission stipulates that if a domestic company directly lists overseas with a domestic entity, the issuer must be a joint-stock company.According to previous reports, the Dark Side of the Moon has issued a shareholder resolution for listing in Hong Kong, with the earliest possible IPO within six months, and has begun dismantling the red-chip structure. The company has not officially announced the listing time.

According to Jinshi News, Moonshot AI has raised an unexpected $3.5 billion in a recently completed round of financing, with a valuation reaching $35 billion.

The Narcotics Control Bureau (NCB) of India dismantled the dark web drug network Team Kalki. Binance and the Data Security Council of India (DSCI) provided blockchain analysis and wallet tracking to assist investigators in tracing cryptocurrency flows, identifying associated wallets, and freezing relevant crypto assets.Investigators stated that Team Kalki used the encrypted communication platform Session, the dark web forum Dread, and "dead drop" delivery methods to distribute drugs from international suppliers. Law enforcement seized thousands of drugs from domestic and international packages associated with the network. S.B. Seker, head of Binance Asia Pacific, stated that the transparent infrastructure of blockchain enables law enforcement to more effectively track and investigate illegal transactions. Binance CEO Richard Teng posted on X that Binance and DSCI are assisting the NCB in combating this dark web drug network by tracking on-chain fund flows.

In response to the accusations from Michael Kratsios, the Director of the White House Office of Science and Technology Policy, regarding Moonshot AI (Kimi) referencing Anthropic's Fable while developing the K3 model and building a large-scale distillation platform, Moonshot AI team member Randy Xia stated that Fable was released on July 1 and K3 went live on July 15, which means that the model research, distillation, training, and release were completed in just 15 days. He joked, "We trained a brand new cutting-edge model in just 15 days; this is practically a Guinness World Record."Kratsios had previously stated that Moonshot AI established an internal platform capable of large-scale distillation for U.S. models, switching between various access methods to evade detection, and had procured GB300 servers and accessed related equipment in Thailand for training. The U.S. side expressed support for legitimate distillation but opposed the theft of technology through secret industrial distillation methods.

The Chinese AI large model company Dark Side of the Moon is accelerating its capitalization process, planning to start the final round of pre-IPO financing negotiations in August, with a target pre-investment valuation of $50 billion. Reports indicate that Dark Side of the Moon expects to complete a round of financing soon, corresponding to a valuation of approximately $31.5 billion. After completing this round of financing, the company will immediately engage in discussions for the next round of financing with potential investors, which may become its last private placement before entering the Hong Kong capital market.Market participants believe that if the financing plan proceeds smoothly, Dark Side of the Moon could initiate the process for a Hong Kong stock listing as early as this year. One of the key driving factors for this valuation increase is the company's recent release of the new generation large model Kimi K3. It is reported that Kimi K3 has a parameter scale of 28 trillion, supporting a context window of millions of tokens, making it one of the largest open-source models in the world by parameter scale. After the model was released, it quickly attracted market attention, prompting the company to adjust its new user subscription arrangements to ensure the user experience for existing customers.As the competition in generative AI enters a phase of comparison in computing power, user scale, and commercialization capabilities, large model companies are accelerating their search for capital support. Dark Side of the Moon's financing plan also reflects the market's ongoing interest in leading AI foundational model companies. However, the $50 billion valuation target also implies higher commercialization requirements. In the future, investors will focus on Dark Side of the Moon's revenue growth, control of computing costs, and whether the Kimi series models can form a stable business model. If the financing and listing plans proceed smoothly, Dark Side of the Moon may become an important case of capitalization for Chinese AI large model companies.

According to Jinshi Market news, Dark Side of the Moon is reportedly negotiating Pre-IPO financing with a valuation of 50 billion dollars.

According to Xinhua News Agency, as the 2026 World Artificial Intelligence Conference and the High-Level Meeting on Global Governance of Artificial Intelligence are about to be held, the new generation model Kimi K3 was released on the 16th, with a parameter scale of 28 trillion. This is currently the largest open-source model in the world by parameters, marking a new step in the development of artificial intelligence models in our country.Beijing Moon's Dark Side Technology Co., Ltd., which released the model, introduced that Kimi K3 natively supports visual understanding, has a context window of 1 million tokens, and is optimized for complex task scenarios such as software engineering, knowledge work, deep research, and multimodal understanding, further enhancing the processing capability of large models for complex tasks. It is understood that in evaluations, Kimi K3's comprehensive intelligence level is close to that of the world's leading closed-source models. A relevant person in charge of Moon's Dark Side stated that in the process of training the new generation foundational model Kimi K3, they used a self-developed underlying model architecture and accumulated a complete set of scientific model training methods.

According to the Financial Times, informed sources reveal that the Chinese AI unicorn company Moonshot AI plans to release a new large language model, Kimi K3, in the near future. This model has between 20 trillion to 30 trillion parameters, making it the largest AI model in China by parameter scale, and its performance is expected to surpass the flagship model Claude Opus 4.8 from Anthropic in mainstream benchmark tests (industry speculation suggests its parameter count is around 15 trillion to 20 trillion).Unlike the currently mainstream closed-source and expensive cutting-edge large models in the United States, Kimi K3 will be available as an open-weight model for users to download and modify for free, which may create competitive pressure for leading American labs like OpenAI and Anthropic. Currently, due to the rising service fees for large models in the U.S. (for example, Anthropic has announced a 50% price increase for Opus 4.8 in September), some overseas companies have begun to shift towards using more cost-effective Chinese open-source models.In terms of the capital market, informed sources indicate that Moonshot AI is preparing for a new round of financing, with the latest valuation expected to reach approximately $31.5 billion. Meanwhile, the valuations of other AI giants in China and the U.S. are also rising; DeepSeek is starting a new round of financing with an estimated valuation of about $71 billion, while Anthropic and OpenAI have reached valuations of $965 billion and $852 billion, respectively, in their latest round of financing. In response to the aforementioned release and financing rumors, Moonshot AI has currently declined to comment.

According to the Science and Technology Innovation Board Daily, the recent round of financing for Moon's Dark Side Kimi, with a valuation of 20 billion USD, has been completed, and a new round of financing has been initiated, with a pre-financing valuation rising to 31.5 billion USD. According to sources close to Kimi, the company disclosed its latest revenue data during this round of financing communication: ARR (Annual Recurring Revenue) has surpassed 300 million USD. The revenue growth for Kimi in this round mainly comes from increased developer usage and API revenue driven by model iterations. Currently, API revenue accounts for over 70% of Kimi's total revenue and continues to rise. Kimi's revenue curve is beginning to show characteristics of the early commercialization stage of Anthropic: increased developer usage, a higher proportion of API revenue, growth in overseas paying users, and a price system uplift driven by model capability iterations.

According to an analysis of the latest leaked data by WIRED, the secretive society Dialog, co-founded by Peter Thiel, has an extremely ruthless and biased "grading and elimination" mechanism.Dialog implements a secret rule of "rating upon entry." Although the club has thousands of members, only 192 personal profiles (including 130 formal members and some candidates) were leaked and reviewed by WIRED. They reveal the club's counterintuitive hierarchy of disdain: C-level is the highest VIP, B-level is the overwhelming majority of ordinary members, while the A-level, usually regarded as the best, is actually the least known bottom tier.This rating is directly tied to members' wallets. Only about 25% of VIP "C" level big shots are required to pay the full attendance fee, while among the bottom "A" level members, the proportion paying the full attendance fee of tens of thousands of dollars is as high as 70%.Ironically, the AI screening mechanism introduced by Dialog is extremely superstitious about so-called "national recognition." For example, actor Josh Brolin, who played "Thanos," has never attended but wins VIP "C" level status due to box office success and millions of fans; meanwhile, academic giant Tyler Cowen was deemed "not famous enough among ordinary people" by the AI and nearly classified into the ordinary tier, only barely promoted to C-level through human intervention.The "value-added points" serve as a scythe for eliminating "useless people," specifically measuring members' resource connections and intellectual contributions to other club giants. After each gathering, staff review members' performances like "code review," and those with too low value-added points, cultural mismatches, or declining visibility will be ruthlessly removed from the invitation list.Additionally, the leaked database also exposed its built-in social and dating matching system (10% of members join the singles pool), which has a "no-match list" while recommending pairings.This so-called objective assessment system is also filled with biases: women make up one-third of the members but only receive 18% of VIP seats; politically, it is even harder to escape differential treatment. Although more than half of the members identify as "left-leaning," the probability of "right-leaning" members obtaining VIP status is more than twice that of left-leaning members, and even the "left-leaning" label of an environmental leader was forcibly rewritten to "right-leaning" by staff in the background.

An unknown trader sold approximately $1.3 billion worth of BlackRock's Bitcoin spot ETF IBIT in the dark pool market on Tuesday, attracting market attention. Data shows that the trader sold 29,200,000 shares of IBIT around 14:30 UTC at a price of $43.16. As a result, the price of Bitcoin dropped from $77,875 to $76,720 within 10 minutes, a decline of about 1.5%, and then further fell to around $75,600.Alex Thorn, head of research at Galaxy Digital, stated that this was the largest IBIT dark pool trade he had ever seen. Bloomberg ETF analyst Eric Balchunas noted that this trade was more than 22 times larger than the second-largest IBIT sell order of the day. Additionally, U.S. Bitcoin spot ETFs have seen net outflows for eight consecutive trading days. On Tuesday alone, the net outflow was approximately $333.6 million, with IBIT accounting for about $192.4 million. Since May 14, the cumulative net outflow from Bitcoin ETFs has exceeded $2 billion. Reports indicate that Jane Street reduced its Bitcoin ETF holdings by about 70% in the first quarter of this year, while Goldman Sachs also cut its related positions by about 10%.

On the occasion of Bitcoin Pizza Day in 2026, Bitget launched a global branding campaign titled "Flip the Slice," centered around a music short film called "The Infinite Flip." The short film humorously transforms the voices of skeptics into a part of community culture expression, continuing the spirit and narrative tension of Bitcoin Pizza Day.The film portrays the development of the crypto industry through various cartoon characters. Each time the outside world shouts "crypto is dead," the characters reappear with a "resurrection dance," symbolizing the crypto industry's rebirth from doubt and lows. Through this dark humor and the repeatedly "flipping" narrative style, the short film aims to convey the spirit of "crypto is not dead, it flips and is reborn" to the crypto community.Bitget's Chief Marketing Officer Ignacio Aguirre Franco stated that Bitcoin has been declared "dead" hundreds of times, but in this short film, the critics' arguments become plot points rather than conclusions. By flipping these narratives with humor and fun, each "death" serves as a prologue to the resurgence of the crypto world.As part of the overall Pizza Festival activities, Bitget's "Pizza Box Resume Project" will print selected Web3 youth resumes on pizza boxes and deliver them to industry partners in various regions, transforming classic crypto culture memes into career pathways for young people. This initiative also continues the core direction of Blockchain4Youth, which is to help young people establish a connection path from knowledge acquisition and skill demonstration to integration into the industry ecosystem.

The slow fog余弦 social media stated that the high-risk iOS attack framework DarkSword has been publicly leaked on channels such as GitHub and is being used for large-scale espionage attacks targeting cryptocurrency wallet holders.This attack program targets devices running iOS versions 18.4 to 18.7, utilizing vulnerabilities in the Safari browser through malicious web pages to achieve remote code execution, thereby stealing users' sensitive data. Attackers launch attacks using bait web pages that impersonate pornographic live streams, Tron energy stations, refund processes, and more.iPhone users running older versions of iOS, once they access such web pages using the Safari browser (even if they do not close the page), may have sensitive information such as plaintext private keys and mnemonic phrases stolen by malicious JavaScript code when unlocking the wallet app, which is then transmitted in real-time through channels like Telegram bots.

The New South Wales police in Australia seized 52.3 bitcoins, worth approximately 5.7 million AUD (about 4.1 million USD), during a 15-month investigation and arrested two suspects allegedly operating a dark web market in Ingleburn, Sydney.The police stated that the seized bitcoins are suspected to be related to illegal activities on the dark web associated with drug and weapon trafficking. This operation was carried out by the state crime command's cyber crime unit, Strike Force Andalusia, and is considered one of the largest cryptocurrency seizures related to the dark web in Australia. Meanwhile, AUSTRAC has recently strengthened its anti-money laundering regulations for domestic virtual asset service providers and cryptocurrency trading platforms.

According to LatePost, Kimi (Dark Side of the Moon) is about to complete a new round of $2 billion financing, with a post-investment valuation exceeding $20 billion. This round of financing is led by Meituan Longzhu, with participation from China Mobile, CPE (CITIC Industrial Fund), and others, with Longzhu alone contributing over $200 million. In January and February of this year, Kimi had just completed three rounds of financing, raising $500 million, $700 million, and $700 million respectively. Including this latest financing, Kimi has raised over $3.9 billion in less than six months, with the latest valuation more than quadrupling from about $4.3 billion in November of last year.So far, Kimi's total financing amount has exceeded 37.6 billion RMB, making it the company with the highest cumulative financing among large model startups. Including IPO fundraising, MiniMax has raised approximately 15 billion RMB, and Zhipu around 13 billion RMB. As of today’s midday market close, MiniMax's market capitalization is approximately 210 billion RMB, while Zhipu is about 347 billion RMB.

SOL Strategies Inc. has signed a final agreement to acquire the assets of Solana native zero-knowledge technology company Darklake Labs for $1.2 million, with the transaction price consisting of $200,000 in cash and $1 million in equivalent common stock of the company.Darklake's core product Zyga is a dynamic zero-knowledge proof system native to Solana, which can achieve privacy protection at the transaction execution level and eliminate front-running and sandwich attacks. After the closing, Darklake's core team will join SOL Strategies, including CEO Vitor Py Braga (formerly of Meta and IBM), COO Amber Hales (formerly of Coinbase, with nearly a decade of compliance experience), and zero-knowledge research lead Tiago Alves.

According to a report by Bloomberg, Kimi's parent company, Moon's Dark Side, is in the preliminary stages of considering an initial public offering in Hong Kong and has begun discussions with China International Capital Corporation and Goldman Sachs regarding the listing cooperation. The specific timing has not yet been determined, and the planning is still underway, with the possibility that it may not proceed. Both Moon's Dark Side and Goldman Sachs declined to comment, and China International Capital Corporation did not respond.After completing over $700 million in financing earlier this year, Moon's Dark Side is negotiating a new round of financing, with a scale of up to $1 billion, which would bring its valuation to approximately $18 billion after this round of funding. Its C round valuation was about $4.3 billion at the end of last year, and the valuation has since risen rapidly. Founder Yang Zhilin stated in an internal letter at the end of last year that the company has 10 billion RMB in cash and is "not in a hurry to go public in the short term." There were also rumors of a "backdoor listing" last December, which the company denied.Competitors in the same sector, Zhiyu and MiniMax (Xiyu Technology), have already gone public on the Hong Kong Stock Exchange, and taking advantage of the investor enthusiasm generated by peers going public, Moon's Dark Side has been accelerating its financing in the private equity market.

The Chief Information Security Officer of Slow Fog Technology, 23pds, posted on platform X reminding all users to update their iOS systems in a timely manner. The DarkSword attack program has been leaked, and its core capability is: to extract forensic-level data from iOS devices via HTTP interfaces.In actual attacks, attackers can use social engineering or watering hole attacks to lure users into falling victim, thereby stealing data from iPhones/iPads and uploading it to servers controlled by the attackers.