Qingyan Jingzhun said on July 13 that it completed two financing rounds worth several hundred million yuan during June 2026, formally closing its B-round series. The B2 round was led by Xingyuan Capital with FAW Fusheng participating, while the B3 round was led by BAIC Industrial Investment with Yulon Group joining. The company also added Guoji Industry Fund. The investor lineup includes multiple automotive industry players and a state-backed industrial fund. According to the report, Qingyan Jingzhun’s full B round brought together six carmaker-linked investors: BAIC Industrial Investment, Xingyuan Capital, FAW Fusheng, Great Wall Capital, Shaanxi Auto Capital, and Yulon Group. The company said it is expanding from new-energy vehicle inspection into an engineering base layer for physical AI in industrial settings. It disclosed more than 2,000 industrial sensing nodes deployed across real workstations, along with a multimodal data pipeline called TsingLoop and a Robot-in-the-Loop testing system designed for data collection, simulation, validation, evaluation, and iteration in embodied AI applications.

On July 13, the Seoul Composite Index in South Korea widened its intraday decline to 8%, according to market data cited by Bitget. The move came with sharp losses in major technology names. SK Hynix was down 13% at the time of the update, while Samsung Electronics had fallen 9%. The item was published by BlockBeats under the market analysis category. No additional details were provided in the source update beyond the index move and the two stock declines.

A formal fatwa issued on June 10, 2026 by Darul Ifta, the religious edict body attached to Jamia Darul Uloom Karachi, classified cryptocurrencies including Bitcoin (BTC), Ether (ETH), and Tether’s USDT as haram, according to a July 12 report by TheBlock cited by ABMedia. The ruling was led by Mufti Muhammad Taqi Usmani and co-signed by five other scholars. The fatwa argued that digital assets such as BTC, ETH, and USDT do not meet Shariah definitions of “wealth” and “property,” and therefore should not be treated as legally tradable assets under Islamic law. The decision stands in visible contrast to Pakistan’s recent policy direction under the Virtual Assets Act 2026, which created a licensing framework for crypto exchanges and token issuers through the Pakistan Virtual Assets Regulatory Authority, or PVARA. After the ruling was issued, PVARA Chairman Bilal Bin Saqib visited Usmani’s institution and met with his team. In a post-meeting statement, PVARA said it wanted continued dialogue among regulators, Islamic scholars, and industry participants so blockchain and digital assets could receive what it described as proper Shariah compliance assessment rather than blanket rejection. The report also cited Chainalysis data showing Pakistan ranked third in its 2025 Global Crypto Adoption Index, with about 40 million digital asset users in the country by mid-2026.

Gate data showed South Korea’s KOSPI index falling 8%, while major technology stocks posted sharper declines. According to Odaily, SK Hynix was down 13% and Samsung Electronics had fallen 9% at the time of the update. The brief did not provide additional context on the sell-off or specify the trading session beyond the quoted market data. The item was published as a 7x24 newsflash.

Polymatech Electronics, a company focused on the design and packaging of opto-semiconductors, is exploring a public listing in India and the United States, according to The Economic Times. Managing Director and CEO Eswara Nandam said in an interview that the company wants to raise capital for its next phase of expansion across semiconductor and consumer electronics operations. Polymatech is currently in talks with investment banks and plans to raise between $500 million and $600 million. The funds are intended for semiconductor business expansion.

Spot silver fell below $58 per ounce, according to data cited by Odaily from Gate. The move put the metal down 3.10% on the day. The newsflash did not provide additional details on trading activity, market drivers, or a broader time frame beyond the intraday decline. The update was published by Odaily on July 13, 2026.

Circle co-founder and CEO Jeremy Allaire has published a long essay titled Agentic Economy, arguing that the AI agent economy and the onchain economy should not be viewed as separate tracks. In his framing, they are two parts of the same emerging economic system. AI supplies what he calls machine-based intelligence and labor, while blockchains, stablecoins, and smart contracts supply machine-based property rights, payments, settlement, and credit. Allaire says AI agents can only act as independent economic participants when those layers are combined. He breaks the proposed agentic economy into three layers: a base money layer where stablecoins function as the unit of account and final settlement tool; a middle economic operating system layer where programmable smart contracts handle coordination, contracting, and value exchange; and a top execution layer where AI and cloud computing perform actual work. According to Allaire, all three layers run as software on top of the internet and are starting to remake geographically bounded institutions. He describes that shift as stablecoins replacing national banking systems, smart contracts moving enforcement from national courts into globally executable code, and AI agents replacing local labor with borderless work.

BitMart has officially launched spot trading for SKHYON and rolled out a first-week campaign with a total reward pool valued at $100,000, according to an official announcement. The program includes several participation tracks tied to SKHYON spot trading activity. Users who register and complete designated SKHYON spot trades can enter a stock-token giveaway, with the top prize set at up to 10 shares of SK hynix stock tokens. BitMart is also running a closing-price prediction event for the first trading day. Users who correctly predict whether the market closes up or down may receive SK hynix stock token rewards. The campaign also targets new users. Those who complete their first deposit and trade can join the giveaway event, while users who finish designated spot trading tasks can unlock blind box opportunities for additional rewards, including SK hynix stock tokens. On top of that, BitMart has added a holding-based incentive structure. Users who meet different balance and holding-period requirements can claim benefits such as wealth-management rate boost coupons and VIP trial cards. VIP users who connect with an account manager for the first time can also receive an exclusive rate boost coupon.