The9 Limited has named George Lai as its new CEO, effective July 27, 2026, succeeding founder Jun Zhu who remains Executive Chairman. Lai, with 18 years at The9 and former CFO, will lead the company’s AI-driven platform the9bit, which has attracted 8 million users and over 110,000 games. The leadership change aims to scale the platform and expand The9’s digital asset and AI initiatives, marking a strategic shift towards growth in emerging technologies.
US-listed spot Bitcoin ETFs experienced their worst half-year since launching in January 2024, with net outflows totaling $5.4 billion in the first six months of 2026. June was particularly severe, seeing $4.5 billion exit in a single month, driven b...
US-listed Bitcoin ETFs experienced a net outflow of about $8.2 billion over the past eight weeks, reflecting ongoing volatility and weak institutional confidence in Bitcoin. Despite a brief inflow in July, the trend suggests the market recovery remai...
Silvaco and NVIDIA have teamed up to enhance semiconductor design and manufacturing by integrating NVIDIA's AI and accelerated computing with Silvaco's physics-based simulation technology. This collaboration aims to create high-fidelity digital twins...
Garden Finance has disabled its app following a security exploit that led to a loss of $450,000, as reported by the security firm Blockaid. This incident highlights ongoing risks in decentralized finance platforms. Users should be cautious and await ...
The FT Energy Income Partners Enhanced Income ETF (EIPI) remains a Buy due to strong structural demand in LNG exports and AI-driven power needs. The ETF uses a flexible option strategy, currently covering about 36%, to balance income generation with ...
