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According to Bahrains national television, Bahrains air defense system intercepted the Iranian attack.On July 19th, the signing ceremony of the "Agreement on the Establishment of the World Artificial Intelligence Cooperation Organization" was held in Shanghai on the 16th. Twenty-nine countries from Asia, Africa, Latin America, and Europe signed the agreement on-site, becoming founding members. According to relevant sources, this marks a significant milestone in Chinas advocacy and promotion of the establishment of the World Artificial Intelligence Cooperation Organization. In the next stage, China will work with the founding members to promote the organizations early launch and operation. The organization will focus on three key areas: First, prioritizing international cooperation in strengthening artificial intelligence capacity building, promoting the accessibility of artificial intelligence technologies and services through policy exchanges, technological cooperation, personnel training, and joint research, continuously releasing the benefits of artificial intelligence, and ensuring that developing countries benefit equally in the new wave of intelligence. Second, based on communication and dialogue, establishing policy consensus, and sharing best practices, effectively leveraging the platform for supply and demand matching, promoting the deep integration and complementarity of national advantages, advancing the "AI+" action in accordance with national conditions, strengthening scientific and technological and industrial cooperation, encouraging the joint construction of an open-source ecosystem, and creating a number of practical and tangible cooperation results. Third, we are committed to firmly upholding the purposes and principles of the UN Charter, supporting the better role of the UN, implementing the Global Digital Compact and the UN Sustainable Development Goals, and promoting the building of a just and equitable global governance system in the field of artificial intelligence.July 19 - According to Irans Tasnim News Agency, Iranian sources stated that the latest satellite images confirm that, in addition to casualties, a fighter jet maintenance hangar was destroyed following Irans attack on a US military base in Jordan. These hangars are where fighter jets undergo pre-flight checks, loading, refueling, technical preparation, and troubleshooting minor malfunctions, playing a direct role in maintaining sortie rates. Even if the fighter jets themselves were not destroyed, damage to this infrastructure would disrupt aircraft preparation and deployment processes and weaken the ability to conduct air combat.On July 19th, according to Shanxi Release, the General Office of the Shanxi Provincial Peoples Government recently issued the "Shanxi Province Service Industry Capacity Expansion and Quality Improvement Action Plan (2026-2030)". The Action Plan proposes that by 2028, producer services will extend towards specialization and the high end of the value chain, forming a number of replicable and scalable typical models of the integration of advanced manufacturing and modern service industries; consumer services will develop in a high-quality, diversified, and convenient manner, cultivating a number of new digital and integrated service formats and scenarios. By 2030, the quality and efficiency of the service industry will significantly improve, service R&D investment and innovation achievements will grow rapidly, a number of leading enterprises in service industry sub-markets will be cultivated, a number of highly competitive service brands will be formed, high value-added service trade exports will continue to increase, and the added value of the provinces service industry will strive to exceed 1.8 trillion yuan, with a high-quality and efficient new service industry system basically formed.On July 19th, Russian Deputy Foreign Minister Rudenko stated in an interview with Russian media on July 18th that Russia is closely monitoring the cooperation between Japanese drone manufacturers and Ukrainian drone developers. He asserted that Ukrainian drones are "killing Russian civilians," and that Japan is providing assistance in this endeavor. Russia views the cooperation between Japan and Ukraine in the drone field as an open act of hostility. Rudenko added that weapons posing a threat to Russia, as well as facilities producing these weapons in Ukraine, are targets for Russian military strikes. He concluded that Japan is "pushing Russian-Japanese relations further into the abyss."

Crypto derivatives volumes surge to $3.12 trillion in July

Skylar Shaw

Aug 12, 2022 14:53

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According to researcher CryptoCompare, trade in cryptocurrency derivatives on centralized exchanges increased to $3.12 trillion in July, up 13% month over month, as cryptocurrency values begin to rebound from the recent market crisis.


According to CryptoCompare, the derivatives market now accounts for 69% of all crypto transactions, up from 66% in June, and helped drive total crypto volumes on exchanges to $4.51 trillion in July.


On July 29, derivatives exchanges transacted up to $245 billion, which is 9.7% greater than the $223 billion top daily high for June.


Spot cryptocurrency trade, however, dipped to $1.39 trillion in July, the lowest level since December 2020 and a monthly fall of 1.3%, according to CryptoCompare.


In May and June, the price of cryptocurrencies fell precipitously as investors fled riskier investments due to concerns about soaring inflation and Federal Reserve interest rate rises. Several cryptocurrency organizations have slashed staff after a significant pair of tokens collapsed, and other cryptocurrency lenders have frozen client withdrawals.


With bitcoin rising 17% in July, prices have somewhat recovered. It is still a long way from its record high of $69,000 in November, which it reached at roughly $24,300.


Since there is no U.S. Federal Reserve meeting in August, CryptoCompare said, "the jump in futures trading volume signals an increase in speculative activity as traders feel there is opportunity for more upside in current rally."


According to CryptoCompare, traders are also making predictions on the impending Ethereum merge, which is a network update anticipated for September.


Since its $880 low in June, ether has increased to over $1,900.


According to CryptoCompare, BinanceUSD, a stablecoin released by the cryptocurrency exchange Binance, gained popularity in July as spot volumes for transactions between bitcoin and BinanceUSD for the first time surpassed those between bitcoin and dollars.


With a 54% market share, Binance continued to dominate the exchange landscape, while Atom Asset Exchange (AAX), which saw its volume increase by 26.5% in July, moved into second place.


Trading volumes more than half in the second quarter of 2022, according to a data released on Tuesday by American exchange Coinbase.