Ondo Finance has named Adam Schlisman, former chief financial officer of Blockchain.com, as its new CFO. Schlisman previously worked at Monashee Investment Management. The appointment is aimed at supporting the firm's tokenized asset and on-chain capital markets expansion. Ondo was founded by former Goldman Sachs executives and ranks among the larger real-world asset tokenization platforms, offering blockchain-based U.S. Treasuries and equities.

SpaceX's CFO said capital expenditures in the third and fourth quarters will be at levels similar to the second quarter. The comment was reported by ChainCatcher's 7x24 flash, citing Jinshi. No specific capex figures were disclosed.

A recovery is taking shape across the analog semiconductor market, with ON Semiconductor, Texas Instruments, STMicroelectronics and NXP Semiconductors all reporting year-over-year and sequential revenue growth, while third-quarter guidance also pointed to further sequential gains. The rebound is no longer tied to a single end market. Industrial demand moved first, data center demand followed, and automotive improved visibly in the second quarter. Inventory metrics shifted at the same time: STMicroelectronics said its book-to-bill ratio was close to 2, NXP’s channel inventory fell back to 11 weeks, and Texas Instruments reported rising backlog with lead times extending by several weeks from a level below 13 weeks. Management commentary across the group suggested the analog market had moved from a long destocking phase toward normalization, with new orders beginning to flow again. The report also shows the upcycle is uneven. Some categories, including automotive analog, power management, AI server power chains, optical module analog front ends and certain sensors, are tightening. General-purpose parts, consumer electronics and parts of the power and discrete segment still face pricing pressure. AI is becoming a more important growth driver as data center power conversion, thermal management, optical connectivity and industrial or automotive applications increase the content value of analog chips. Even so, forecasts cited in the report indicate analog is improving rather than leading the broader semiconductor boom, which is still being driven much more sharply by memory.

Palantir reported second-quarter results that beat Wall Street expectations on both revenue and profit, then raised its full-year outlook. The company said demand from enterprise customers for data analytics and AI tools remained strong, and it now expects full-year revenue to reach as much as $8.16 billion, above the $7.7 billion analysts had been looking for. It also lifted its forecast for adjusted income from operations to $4.89 billion to $4.91 billion, compared with the prior upper-end view of $4.45 billion. The strongest performance came from the U.S. commercial segment. CEO Alex Karp said quarterly U.S. commercial revenue rose 149% year over year to $764 million, ahead of the analyst consensus of $716.4 million. Total U.S. revenue, including government business, increased 115% to $1.57 billion. Overseas growth was slower, with international revenue up 33% to $362.5 million, as the company faced policy headwinds in parts of Europe including France and the U.K. CFO Dave Glazer said adjusted gross margin slipped to 86% in the quarter because of cloud hosting work for government customers, and said expenses are expected to rise in the third quarter due to seasonal hiring and marketing activity. Management also addressed concerns that AI model developers such as Anthropic could displace Palantir, saying the company’s products are built as an integration and management layer for large language models rather than as a single model provider. Shares rose as much as 15% to $144.65 in after-hours trading following the earnings release.

American Bitcoin, the Trump family-linked bitcoin miner backed by Hut 8, said president and interim chief financial officer Matt Prusak will leave on Aug. 4 and join AI and energy infrastructure company Giga Energy as chief commercial officer and interim CFO. Prusak said that after spending years building bitcoin businesses, he is shifting his focus to upstream energy infrastructure, with particular attention on power supply constraints that are limiting both bitcoin mining and AI compute growth. American Bitcoin, which Eric Trump helped found, is listed on Nasdaq. At the company, Prusak had been involved in advancing its bitcoin accumulation strategy, including expanding hash rate and increasing BTC holdings per share. Giga Energy, based in Houston, said it has delivered more than 6.5GW of power infrastructure and is developing more than 500MW of AI data center capacity. According to the report, the move is being viewed as part of a broader shift as mining companies increasingly use their access to power, land and data center assets to enter the AI infrastructure market while competition in mining intensifies and margins come under pressure.

Layoffs across the Web3 sector have stretched on for months, with crypto exchanges emerging as one of the hardest-hit segments. In accounts cited by Odaily and Zhangsheng BeatZ, former employees described abrupt lockouts, same-day termination notices, disputed severance arrangements, and internal performance systems that were used to frame headcount cuts as compliant dismissals. The report ties the job cuts to broader pressure on the sector’s business model. Interviewees said centralized exchanges are facing weaker trading volumes, rising resistance to expensive listing fees, and tougher competition from on-chain derivatives venues such as Hyperliquid. At the same time, several sources said venture investment in Web3 has become far more cautious, while liquidity across the crypto market has remained thin since last summer. The fallout is spreading beyond exchanges. Mid-sized crypto firms are shutting down, market-making profits are shrinking, and many laid-off workers are trying to move into AI roles instead. Yet the report says candidates from Web3 often face skepticism from both traditional finance and parts of the AI industry, leaving many displaced employees with limited options. The piece argues that the current downturn may reflect not only a market cycle, but also mounting structural weaknesses inside the Web3 industry itself.

A TechFlowPost report says layoffs across the Web3 industry have stretched on for more than half a year, hitting both major and smaller crypto trading platforms through abrupt dismissals, instant access shutdowns and disputed severance arrangements. Several interviewees described a pattern in which companies frame staff cuts as performance-based exits, using internal exams, opaque KPI systems and device monitoring to justify removals. One of the most striking claims in the report is that some platforms allegedly made “poaching employees from competitors with high pay” a KPI for HR, only to dismiss those hires months later, using them to disrupt rival teams and extract client or market intelligence. The report places those accounts inside a broader downturn. It says U.S. tech layoffs in the first half of 2026 approached 140,000, with Amazon cutting 9% of staff and Meta 10%, while AI has become the most commonly cited explanation for layoffs for four straight months. In Web3, interviewees linked the retrenchment to shrinking trading activity, high token listing fees, weak liquidity, a tighter venture market, and talent migrating to AI. The result, according to the piece, is not just fewer jobs but a harsher workplace climate for those who remain, marked by heavier surveillance, frequent meetings, sharper internal politics and persistent uncertainty over who will be next.

Zhibao Technology, a Nasdaq-listed Chinese insurtech company, signed a private investment in public equity, or PIPE, agreement on July 31 valued at about $154.7 million, according to CryptoSlate. The deal calls for investors to pay with 2,380 BTC at a fixed price of $65,000 per coin. The agreement lists 10 investor entities. Each is allocated 44.2 million units worth $15.47 million and pays with 238 BTC. In total, the investors are buying 442 million units at $0.35 per unit. Each unit includes one Class A ordinary share and a two-year warrant to buy one additional share at an exercise price of $0.35, bringing the potential total issuance to 884 million shares. After closing, the investors will be entitled to appoint four of the company’s five directors and choose a new chief executive officer and chief financial officer. The current four directors, along with the current CEO and CFO, are set to resign. The filing also says the transaction would sharply dilute pre-PIPE shareholders. Existing 49,001,662 shares would represent about 9.98% of the post-closing share base, while Class B shareholders would lose their 20-to-1 voting advantage. If all new warrants are exercised, the share base would increase to at least 933,001,662 shares, and the pre-PIPE ownership percentage would fall to about 5.25%.