News linked to this event type.
According to NADA NEWS, the Japan Financial Services Agency announced on August 5 that it will officially establish the "Crypto Assets and Stablecoins Division" on August 7, placing it under the jurisdiction of the newly established Asset Management and Insurance Supervision Bureau. This organizational restructuring marks a substantive upgrade of Japan's crypto asset regulatory system—relevant functions previously dispersed among multiple affiliated bodies such as the "Crypto Assets, Blockchain, and Innovation Counselor Office" and the "Crypto Assets Monitoring Office" are now formally integrated into an independent division-level department. The newly established division comprises three sub-departments: the "Crypto Assets Monitoring Office" responsible for exchange supervision, the "Innovation Promotion Office," and the "Digital Payment Planning Office." The Financial Services Agency stated that this restructuring aims to address new challenges more precisely, such as the rapid development of digital technology in the financial sector and the strengthening of regulation over financial institutions.
According to Fortune, as Chinese open-source AI models such as DeepSeek V4 Flash, GLM-5.2, and Kimi K3 continue to make breakthroughs, the core conflict of the global AI competition is shifting from "US-China confrontation" to a contest of "open source vs. closed." DeepSeek V4 Flash's performance lags behind GPT-5.6 Luna by only one intelligence index point, but the cost per task remains 60% lower even after OpenAI's 80% price cut. US export controls on China were originally intended to restrict China's AI development, but instead compelled Chinese enterprises to innovate deeply at the algorithm architecture level, accelerating the rise of the open-source model. Currently, trends in the US tech industry are shifting; former "AI Czar" David Sacks and others publicly support the open-source route, and Anthropic has also softened its stance against open source.
Odaily News: Aave founder Stani Kulechov published a lengthy post stating that Ethereum's EIP-8361 progressive issuance burn proposal has systemic issues. The proposal aims to gradually burn consensus layer issuance rewards, reducing the net staking yield to zero when the total amount of staked ETH reaches 60.25 million, approximately 50% of the total supply. Stani Kulechov believes that the second-order ripple effects of this proposal have not been fully modeled and could damage the foundations of the Ethereum ecosystem across multiple dimensions. He stated that a zero-yield mechanism may exacerbate staking centralization, with home validators being the first to exit due to fixed costs such as hardware and electricity, while non-yield-driven entities like ETF issuers, exchanges, and corporate treasury funds will remain. MEV rewards, which are unaffected by the proposal, would also expand the advantages of top professional operators. He also noted that individual stakers could face tax and operational risks. If tax authorities calculate taxes based on the full issuance amount and classify the burned portion as a capital loss, home node operators could experience after-tax losses. With penalty standards for faults remaining unchanged, the node recovery period after a fault could be extended by up to 14 times as net yields decline. Stani Kulechov stated that staking yields serve as the pricing benchmark for on-chain ETH interest rates. A decline in yields could cause DeFi lending and fixed-income markets to lose their pricing anchor, potentially driving on-chain capital toward stablecoins offering 4% to 5% annual returns. For institutional investors, predictable yields are a core competitive advantage of ETH relative to BTC. If yields fall to zero while volatility increases, ETH's differentiation in the store-of-value track would diminish. He also pointed out that after the proposal is implemented, MEV's share of total validator revenue could rise from the current 7% to nearly 30%, potentially incentivizing operators to prioritize relay nodes that support censorship, thereby weakening Ethereum's credible neutrality. If an MEV burn mechanism is subsequently added, validator revenue could be nearly eliminated. Stani Kulechov suggested that the proposal's authors release after-tax yield assessments for individual node operators, tax opinions from major jurisdictions, and cascade risk models for the DeFi ecosystem, while setting a non-zero net yield floor. He believes that staking centralization should be addressed directly with targeted measures, rather than by suppressing validator yields across the board.
According to CNBC, Joel Shulman, co-founder of investment firm ERShares, stated that if xAI successfully deploys data centers in space, its AI model Grok could establish a competitive moat stronger than those of Anthropic and OpenAI. Shulman believes that xAI's strategic layout combining artificial intelligence, aerospace infrastructure, and satellite communications could create a unique advantage. In the future, space computing infrastructure may become a new direction for AI competition, enabling xAI to gain long-term barriers distinct from traditional AI companies. Meanwhile, Joel Shulman is more bullish on SpaceX than Tesla, believing that SpaceX has greater development potential in the fields of commercial aerospace and satellite communications, and remains optimistic about the company's long-term value. As demand for AI computing power continues to grow, companies capable of mastering energy, computing infrastructure, and data transmission networks may gain an advantage in the next stage of AI competition.
Eliza Labs founder Shaw Walters announced the official "death" of the ai16z/ElizaOS token, and the relevant foundation will close. This stems from a class-action lawsuit initiated by the law firm Burwick Law on behalf of holders. Unable to bear litigation costs, the foundation chose to settle and pay out all remaining treasury funds. Shaw stated he never sold ai16z tokens or profited from them, receiving only a base salary equivalent to engineers, and is currently living off savings. He emphasized he will continue developing Eliza's underlying technology but clearly stated no tokens will be associated with Eliza going forward. He advised holders to dispose of their tokens independently, as the foundation will not provide any buyback support.
predict.fun announced on X platform that it has launched a new market, predicting which tokens CZ's public wallet will buy before October 2026.
据官方公告，Upbit 将上线 GRVT 韩元、BTC 及 USDT 交易对。
According to The Paypers, embedded investment platform InvestiFi announced the completion of a $20 million financing round, led by Vibe Credit Union, with participation from BankTech Ventures, Idaho Central Credit Union, Navari (formerly CUSG), United Financial Credit Union, Coastal Credit Union, Mid Minnesota Credit Union, Truity Credit Union, and Southpoint Credit Union. The InvestiFi platform enables credit unions and community banks to offer digital investment services directly within their existing online banking environments, covering features such as fractional share investing in stocks and ETFs, guided investing, IRA retirement accounts, cryptocurrency trading, and stablecoins. Its feature within a core patent application, "direct investing from checking accounts," allows users to complete investment operations without transferring funds to external brokerages.
According to the official announcement, Bitget has listed 5 stock and ETF perpetual contracts: PEP (PepsiCo), BKNG (Booking Holdings), SSPC (2x Short SPCX ETF), SPCH (2x Long SPCX ETF), and GFS (GlobalFoundries). The above contracts are all settled in USDT, supporting up to 20x leverage and 7×24 hour trading. For more details, please refer to the official Bitget platform.
According to monitoring by blockchain security company SlowMist (@SlowMist_Team), its threat intelligence system MistEye detected a large-scale npm supply chain attack targeting the Keyv/Cacheable ecosystem. The attackers published over 2,000 malicious package versions in total, involving core components such as [email protected]. As a widely used key-value storage abstraction library, Keyv supports multiple backends including Redis, SQLite, PostgreSQL, and MongoDB, with weekly downloads reaching approximately 127 million, posing significant downstream supply chain exposure risks. This attack method is highly similar to the previous Shai-Hulud npm worm activity, characterized by high automation and scale. Potential risks include credential theft, environment variable leakage, CI/CD key leakage, remote payload delivery, and lateral penetration. SlowMist recommends security teams immediately investigate and remove affected package versions, upgrade to verified secure versions, review dependency lock files and build logs, monitor suspicious outbound connections, rotate exposed credentials, and rebuild relevant environments from trusted sources if intrusion is suspected.
According to TechFlow Research, Palantir's Q2 revenue was $1.95 billion, up 93% year-over-year, beating market expectations by 7%, with the after-hours stock price rising 15% following the earnings release. U.S. commercial business grew 150% year-over-year, accelerating further from 133% in the previous quarter. U.S. government business grew 90% year-over-year, also higher than 84% in Q1. Average revenue from the top 20 customers was $124 million (up 67% year-over-year), total contract value was $2.1 billion (up 118% year-over-year), and net revenue retention rate was 157%. Goldman Sachs raised its 12-month price target from $183 to $204, maintaining a Neutral rating, implying approximately 62% upside potential. Goldman Sachs believes enterprise AI deployment is shifting from single models to multi-model combinations, and sovereign AI demand is creating incremental opportunities. Palantir helps enterprises embed AI into workflows while retaining data control, and this positioning could become a growth catalyst for the next phase. Goldman Sachs also raised revenue forecasts for 2026 to 2028, with main concerns being that commercial business growth may slow down during a macro downturn.
Currently, Hollywood giants such as Disney, Universal, and Warner Bros. Discovery have filed lawsuits against MiniMax for unauthorized use of copyrighted content to train AI models. The U.S. court rejected MiniMax's application to withdraw the lawsuit in May this year, and the case is currently under review. H3 officially released model weights on August 3, supporting the generation of videos up to 15 seconds long with 2K resolution, and ranks first on the video editing leaderboard of the benchmark platform Artificial Analysis.
Binance will open 10 bStocks trading pairs, including Astera Labs (ALABB), ASML (ASMLB), AST SpaceMobile (ASTSB), BitMine Immersion Technologies (BMNRB), Coherent (COHRB), Credo Technology (CRDOB), IREN (IRENB), Netflix (NFLXB), Super Micro Computer (SMCIB), and USA Rare Earth (USARB), on August 5, 2026, at 20:00, simultaneously supporting spot algorithmic trading bots and Binance Convert zero-fee trading.
Bitget has launched a new round of CandyBomb, with a total prize pool of 20,000 USDT. This event is exclusive to new futures users, and the participation period is from August 4 to August 14. During the event, users can unlock corresponding candies by completing net deposit and futures trading tasks, with a maximum of 150 USDT per user. Detailed rules have been published on the Bitget official platform. Eligible users must click "Join Now" to complete registration before participating.
SpaceX CFO Bret Johnsen disclosed during this morning’s earnings call: "In the first few weeks of Q3, we have already signed an additional $6.7 billion in cloud service contract revenue (over a 6-month term, gradually ramping up starting this October). We believe that, including contributions from Cursor and based on our expected revenue for December this year, this will bring us to $100 billion in ARR (annual recurring revenue) by the end of the year."
Odaily News, Ground COO Stephanie Vaughan stated that the current DeFi industry is陷入 a "yield war," but market participants are more focused on securing distribution access to fintech platforms, overlooking the real problems users need to solve.She pointed out that Robinhood, Coinbase, Revolut, and Kraken are competing for user funds, while protocols such as Aave, Morpho, and Ethena are competing to become the infrastructure for lending strategies. Vault service providers and risk management institutions are also competing around fintech platforms. However, this model does not establish DeFi's own user relationships—it merely fights for the opportunity to be selected by platforms.Stephanie believes that the current market is signaling that DeFi products have near-zero pricing power. Much of the yield comes from subsidies provided by platforms, Vault service providers, strategy providers, or underlying protocols, rather than genuine demand created by the products themselves. This is more like paying "shelf fees" than achieving true distribution capabilities.She further noted that some multi-strategy Vaults suffer from issues such as idle capital, deployment delays, and slow governance processes, resulting in a gap between the actual returns users receive and the advertised APY. In contrast, traditional financial products like money market funds can put capital to work immediately.Stephanie stated that with declining L2 costs and maturing cross-chain infrastructure, the chain itself is no longer a core competitive advantage. In the future, DeFi should build products closer to personal execution environments, driven by user needs. She believes the competitive focus should shift from shared Vaults to infrastructure like MPC wallets, allowing users to retain control over strategies while platforms handle execution and streamline processes.
Odaily News: Arthur Hayes posted on the X platform, stating that his article "Situationship" discusses how the AI bubble will burst and why monetary easing will push BTC back into a bull market. He believes that the key variable in determining whether AI is a bubble lies in the internal framework question, namely that investors should distinguish whether AI capital expenditure represents technology or real estate. The current market treats trillion-dollar-scale construction as technology and assigns high-growth valuation multiples. However, he argues that AI capital expenditure is essentially another form of real estate investment, except that the computing power within data centers will create silicon-based life forms, helping human civilization develop in the most profound way since the railroads. Arthur Hayes stated that the distinction between real estate and computing power is important because hedge funds, banks, private credit funds, and ultimately governments are financing data center and power plant construction as if they were lending to Apple, rather than lending to Lehman Brothers. He believes that the bursting of the AI bubble will occur when financial intermediaries, with the tacit support of the Chinese and US governments, overbuild data centers and related infrastructure. Therefore, the AI bubble is a credit story similar to 2008, not a profit story similar to 2000.
According to Bloomberg, SoftBank Group will release its first-quarter earnings report in Tokyo this Thursday, with the market focusing on its latest progress in robotics, data centers, and energy sectors to assess whether the company's AI value surpasses its debt financing bet of up to $65 billion on OpenAI. Currently, there are expectations of delays to OpenAI's IPO timeline; if SoftBank can demonstrate substantial progress in the aforementioned emerging fields, it may effectively alleviate investors' concerns regarding its financing strategy.
According to Fortune magazine, Musk stated on the earnings call following SpaceX's initial public listing that SpaceX, leveraging the engineering advantages of rocket scientists, will dominate the AI computing power competition, comparing it to "the New York Yankees versus a minor league team." SpaceX's Q2 AI revenue reached $2.6 billion, a quarter-over-quarter increase of 213%, with capital expenditures reaching $18.4 billion. The company has signed $14.1 billion in cloud service contracts, with clients including Anthropic and Google, and announced it will fully adopt the NVIDIA Vera Rubin architecture, targeting 20 gigawatts of computing power deployment by the end of 2027.
Odaily News - Coinbase Chief Policy Officer Faryar Shirzad stated on the X platform that the Wall Street Journal's (WSJ) criticism of the CLARITY Act is disappointing, arguing that it abandons principles of free markets and competition in favor of maintaining regulatory barriers, while echoing the views of banking associations.Shirzad stated that the CLARITY Act imposes multiple restrictions on stablecoin rewards and ties them to customer activity, adding that there is currently no evidence to support the "deposit flight" claim. He noted that three independent studies, including one from the White House Council of Economic Advisers (CEA), have found no evidence that stablecoin growth leads to bank deposit outflows.Furthermore, Shirzad emphasized that the CLARITY Act does not provide exemptions for DeFi-related crimes. Instead, it distinguishes between code developers and financial intermediary operators, with fraud, sanctions violations, and money laundering remaining subject to legal prosecution.Shirzad urged the U.S. Senate to pass the CLARITY Act, stating that America needs to establish long-term, stable federal digital asset regulatory rules.