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DTCC now runs a tokenization trial with roughly 40 firms, including JPMorgan, Goldman Sachs, BlackRock, Vanguard and the NYSE, to represent shares and Treasuries on-chain, tokens that become usable collateral only when a lending market can answer who prices them and what happens once the venues behind that price go quiet.DefiLlama puts on-chain RWA market cap above $51 billion, and those same assets generate only near $3.8 billion in DeFi active total value locked (TVL), a utilization rate near 7.7%.Only about 7.7% of the $51 billion in on-chain real-world assets is actively used across DeFi protocols.Pricing becomes the gatekeeperA lending…

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Advanced Micro Devices has seen its shares surge over the past few months, but it still has more room to run, according to UBS. The investment bank has a buy rating on the semiconductor name. It also raised its price target on shares to $730 from $700, suggesting 35% upside from Thursday’s close. “We are raising estimates and bumping PT higher from $700 to $730 on a new view that C2028 EPS could approach $30 following details and commentary from AMD on its [central processing unit] roadmap, share, and [total addressable market] presented at its AI Day,” analyst Timothy Arcuri…

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Li Lecheng, China’s Minister of Industry and Information Technology, spoke at a press conference on July 23, 2026, in Chengdu, China, as part of the APEC Digital Weeks.Evelyn Cheng | CNBCCHENGDU, China — Governments increasingly want to control artificial intelligence, as companies release more powerful open-source models, a new multilateral statement indicates.The 21 APEC member economies, which include the U.S. and China, released a “Chengdu statement” on AI that emphasized respect for “security, data protection and intellectual property rights,” while calling for supporting open-source development.The statement released Thursday also specified support for models and projects “that employ strong security assurance…

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A German national flag on a barge near the Volkswagen AG factory in Wolfsburg, Germany, on Tuesday, March 10, 2026.Bloomberg | Bloomberg | Getty ImagesVolkswagen reported weaker-than-expected second-quarter profits on Friday and scrapped hope for sales revenue growth in 2026, as the German auto giant lays the groundwork for a radical overhaul of the business. Europe’s biggest carmaker posted an operating profit of 3.5 billion euros ($3.98 billion) for the April to June period, down nearly 10% from a year ago and missing expectations of 4.3 billion euros, according to an LSEG-compiled consensus. The company also flagged it expects sales…

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The oil price has climbed back above $100 a barrel for the first time in two months, as a fresh escalation of the Middle East conflict threatens to compound disruption to global oil supplies.The benchmark oil price rose sharply on Thursday, after reaching $95 a barrel the day before amid fears that Yemen’s Houthi militia could strangle Saudi oil exports through the Red Sea while US-Iran tensions over oil flows through the strait of Hormuz intensify.The Iranian-aligned Houthis said on Thursday they attacked two Saudi Arabian oil tankers, the ‌Encelia and Layla, accusing the crews of violating a naval blockade…

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British households will be able to buy plug-in solar panels later this summer after the government changed the law so the UK’s biggest retailers could bring them to market for the first time.People across the country will be able to join the millions across Europe generating their own electricity using “balcony solar panels” from 27 August, according to legislation passed last week.These plug-in panels have in recent years become familiar sights on balconies in Spain and in Germany, where they are known as Balkonkraftwerk (balcony power plant).Unlike traditional rooftop solar panels, which require professional installation, balcony solar installations can be…

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Check out the companies making the biggest moves premarket: Tesla — Shares were down nearly 6% after the company reported an earnings miss for the second quarter. Tesla’s free cash flow also turned negative as margins came under pressure. Alphabet — The Google parent fell 4.5% after it increased its capital expenditures outlook for the year to bolster its artificial intelligence capabilities. Alphabet expects to spend between $195 billion and $205 billion in 2026, up from a previous guidance of as much as $190 billion. Lockheed Martin — The defense giant popped 6% after it reported better-than-expected results for the…

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The EU can now ban crypto trades to entire nations for being in breach of Russian sanctions, and 11 crypto platforms have been targeted by the new measures. The European Union agreed on Thursday to its 21st sanctions package against Russia. EU persons are now barred from transacting with 11 unnamed crypto operators and 94 banks and financial institutions. While names of the 11 crypto platforms have been withheld, the EU has revealed that they mostly operate in Belarus and Nigeria, acting as conduits to funnel money between Russia and countries blocked from doing business with it. Previously, Brussels…

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