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Alibaba Tongyi Qianwen Qwen3.8-Max Officially Lands on B.AI Platform, Limited-Time Free Trial

Alibaba Qwen's latest generation 2.4 trillion-parameter flagship model Qwen3.8-Max has officially launched on the B.AI platform. The model achieves comprehensive improvements in coding, real-world office scenarios, long-horizon tasks, and multimodal agents, and is now live on B.AI with a limited-time free trial. To celebrate the launch, B.AI offers multiple stacked benefits: New users logging in with Binance Wallet, Bitget Wallet, or imToken will immediately receive 1 million free Credits; Top-ups enjoy generous bonuses, with BNB Chain top-ups receiving a 1:1 bonus and other methods 1:0.5, up to a maximum extra $100 per user; Invite friends to register to get 300,000 Credits for them, stacking with the login bonus for a cumulative maximum of 1.3 million, while inviters simultaneously enjoy rebates from friends' top-ups and subscriptions. Limited-time benefits, first come, first served. Log in now at https://chat.b.ai/chat to experience the charm of the new-generation flagship.

Situational Awareness Crisis Reflection: 1confirmation Founder Says "Smart Money" Is Repeating the Same Mistakes

1confirmation founder Nick Tomaino posted comments on the AI investment fund Situational Awareness crisis incident, stating that recent discussions surrounding the fund reflect a long-standing problem in the investment circle: many so-called "elites" and "smart money" lack basic risk judgment capabilities. Tomaino stated that he does not know all the details of this incident and does not wish to comment on the specific liquidation process, but he believes a deeper problem is that many investors are driven by wealth and attention, gradually ignoring facts, risks, and judgment of others. Citing the FTX collapse as an example, he noted that many people could detect abnormalities after brief contact with the founder, but a large amount of "smart money" chose to continue investing and endorse it due to chasing returns and market narratives. Tomaino pointed out that a similar phenomenon occurred with the founders of Situational Awareness and the investment circle supporting the fund: the same type of investors chased grand narratives, provided funding, and drove promotion, but ultimately the fund fell into distress due to high-risk bets and market reversals. Industry participants should learn lessons from this and avoid repeating the cycle of "chasing hotspots—ignoring risks—collectively stepping on mines."

Hyperscale Data establishes a Bitcoin-backed DeFi financing program via Morpho Protocol, with current borrowings of approximately $30 million.

According to PR Newswire, AI data center company Hyperscale Data (NYSE: GPUS) announced the successful implementation of a Bitcoin-backed DeFi financing strategy via the Morpho protocol. As of August 2, 2026, the company has completed approximately $30 million in Bitcoin-collateralized borrowing through the protocol, with a current variable interest rate of approximately 4.9%. The raised funds will be used to support the continued construction of its Michigan AI data center campus, as well as general corporate purposes such as daily working capital. The company stated that this move aims to transform its Bitcoin treasury from a passive reserve asset into a source of low-cost growth capital, while retaining exposure to Bitcoin's long-term appreciation and reducing reliance on dilutive equity financing.

South African Treasury and Central Bank Release Draft Manual on Cross-Border Crypto Asset Regulation, Seeking Public Comments

According to an official media announcement, the South African National Treasury and the South African Reserve Bank (SARB) jointly released the "Draft Manual on Cross-Border Crypto Asset Activities" on August 3, 2026, which is now open for public consultation with a deadline of September 30, 2026. The manual is implemented in conjunction with the previously released "Draft Regulations on Capital Flow Management 2026," aiming to strengthen supervision over cross-border financial activities and prevent risks related to illicit financial flows associated with crypto assets. The manual clarifies the trigger points for cross-border crypto asset transactions—when crypto assets are transferred between a domestic authorized CASP and a foreign CASP, or from a domestic authorized CASP to a non-custodial wallet, it constitutes cross-border capital inflow or outflow and must be reported to the Financial Supervision Department (FinSurv). It is worth noting that at this stage, only individuals are allowed to conduct crypto asset outflow operations through authorized CASPs within the single discretionary allowance or foreign capital allowance; South African entities are temporarily not allowed to conduct related cross-border operations. In addition, the manual currently does not distinguish between different types of crypto assets, nor does it list crypto assets as official South African currency.

Bitget Launches VIP Exclusive Stock Contracts Campaign, Total Prize Pool 88 rAAPL

Bitget Launches VIP Exclusive Stock Contract Event. The participation period runs from 18:00 on August 3 to 18:00 on August 16 (UTC+8), with a total prize pool of 88 Apple stock tokens (rAAPL). During the event, VIP users who have not previously completed any stock contract transactions can receive rAAPL equivalent to 20 USDT upon completing their first trade and meeting the cumulative trading volume requirement. Additionally, if the cumulative stock contract trading volume reaches specified thresholds, extra rewards can be unlocked, with a maximum of rAAPL worth 300 USDT. The prize pool is limited and available on a first-come, first-served basis. For more details, please refer to the official Bitget platform.

Kraken Chief Security Officer: Coldcard Vulnerability Leads to Over $90 Million in Bitcoin Stolen, Hardware Wallet Industry Testing Mechanisms Require Urgent Overhaul

According to Cointelegraph, Coinkite, the manufacturer of Coldcard hardware wallets, disclosed that its devices have contained a random number generator (RNG) vulnerability persisting for up to five years since March 2021. The vulnerability stemmed from a firmware upgrade that mistakenly routed wallet seed generation to a less secure MicroPython pseudo-random number generator (PRNG), rather than the originally designed true random number generator (TRNG). Since code reviews only verified the existence of TRNG code without confirming whether it was actually invoked, the vulnerability remained undetected for a long period. To date, over 4,500 addresses have been compromised, with nearly $90 million worth of Bitcoin stolen. Kraken Chief Security Officer Nick Percoco stated that this incident should serve as a "wake-up call" for the hardware wallet industry, calling for the introduction of independent third-party testing mechanisms to mandate verification of whether the entropy sources actually invoked by production firmware are certified. Coinkite has suspended all device shipments and destroyed affected inventory after confirming the vulnerability, and stated it will cooperate with law enforcement agencies across multiple countries to trace the responsible parties.

Bitget PoolX: Lock BMT to Unlock 600,000 BMT Airdrop

: Bitget PoolX has launched the Bubblemaps (BMT) project. Users can lock BMT to share in a pool of 600,000 BMT, with a personal lock-up limit of 25 million BMT. The lock-up channel will be open from 20:00 on August 3rd to 20:00 on August 8th (UTC+8). For more details, please refer to Bitget's official platform.

OKX Ventures Issues Statement: Never Participated in Investment in Dow Protocol

Odaily News According to official sources, OKX Ventures has never invested in Dow Protocol, and any claims regarding OKX Ventures' participation in its fundraising are false. Such false information has adversely affected the brand reputation of OKX Ventures. OKX Ventures hereby strongly condemns this and reserves all rights to pursue legal liability against the relevant parties in accordance with the law.OKX Ventures reminds all parties that, for verification of related cooperation information, please confirm through OKX official channels. Users and project teams are advised to remain vigilant, refrain from trusting any information not officially confirmed, guard against fraud, and avoid financial losses.

Study shows Switzerland's cryptocurrency usage rate reaches 23%, twice that of Germany

According to Bitcoin.com, a recent survey report released by Bearingpoint shows that 23% of Swiss adults use cryptocurrency at least occasionally, far higher than 11% in Germany and 18% in Austria. The survey was conducted by YouGov in June 2026 among over 4,000 adults in Germany, Austria, and Switzerland. The report points out that Switzerland's leading advantage stems from its Distributed Ledger Technology Act (DLT Act) officially effective in 2021, which provides a clear legal framework for crypto assets, attracting a large number of enterprises to establish operations, and driving the expansion of the "Crypto Valley" ecosystem to 1,749 blockchain companies. Additionally, 37% of Swiss respondents consider cryptocurrency an asset worth investing in, and 45% support it becoming an international reserve currency, both leading Germany and Austria. In contrast, regarding Germany, although retail adoption rates lag behind, the "meinkrypto" platform under DZ Bank and Dekabank's crypto services for the savings bank network are expected to cover approximately 80 million customers, potentially gradually narrowing the gap with Switzerland.

Index Ventures 完成 20 亿美元新一轮募资,押注 AI 驱动下一代科技公司

据 Sifted 报道,欧洲知名风险投资机构 Index Ventures 于近日宣布完成 20 亿美元新一轮募资,旗下可投资资产总规模由此增至 35 亿美元。本轮募资由三部分构成:4 亿美元种子基金、9 亿美元早期风险基金,以及向现有成长期基金追加的 7 亿美元(该基金规模由 15 亿美元扩大至 22 亿美元)。 Index Ventures 表示,新资金将持续支持创始人"从首轮融资到上市乃至更远",覆盖欧洲、以色列及美国市场。此次募资背景下,AI 是其核心押注方向,该机构已相继投资 Mistral、Cohere 及前 DeepMind 研究员 David Silver 创立的 Ineffable Intelligence。此前,Index 投资组合中的 Wiz 以320 亿美元被谷歌收购、Figma 完成 IPO、Revolut 完成二级市场股份出售(估值达 1150 亿美元),均为本轮募资提供了有力背书。

HashKey Exchange Receives JPMorgan Approval to Open Client Fund Accounts

Hong Kong-licensed cryptocurrency exchange HashKey Exchange has received approval from JPMorgan to open client fund accounts. HashKey Holdings stated that the account will support client fund segregation and settlement through JPMorgan's banking infrastructure. HashKey Exchange activated a client fund account with Singapore's DBS Bank on June 30, supporting fiat currency deposits, withdrawals, and settlement services. HashKey Holdings merged the previously independent HashKey Exchange and HashKey Global applications into a single entry point one week ago. HashKey Holdings was listed in Hong Kong in December last year, having raised $206 million through an oversubscribed initial public offering.

Ripple Announces Strategic Investment in UK ZILO and Licuido

Ripple announced strategic investments in UK fund technology company ZILO and FCA-regulated tokenized trading platform Licuido, integrating regulated digital transfer agency, asset issuance, and collateral liquidity capabilities into the XRP Ledger. Ripple stated that the relevant infrastructure will support tokenized funds as collateral from the issuance stage and enable atomic settlement via XRPL, while RLUSD can serve as the regulated cash leg in delivery versus payment transactions. The investment amount was not disclosed.

LTV raised to 65%, hyperliquid:native testnet parameter adjustment

Odaily News: HyperliquidNews posted on X platform, stating that the LTV for hyperliquid:native on the testnet has been raised from 50% to 65%.

Strategy starts tracking Bitcoin 200-week moving average

According to CoinDesk, Strategy founder Michael Saylor announced that the company has launched the Bitcoin 200-week moving average (200W MA) and its premium/discount tracking feature on its official website. Saylor stated that since the 200W MA data became available, Bitcoin has traded above this line 92% of the time, and the current price is almost exactly near this line.

DeepSeek V4-Flash Dominates Competitors in Cost-Performance, Operating Costs Only 1/105 of Claude's

According to Reuters, the latest V4-Flash API model officially released by Chinese AI startup DeepSeek on July 31 incurred operating costs of only 1/105 that of Anthropic Claude Fable 5 in benchmark tests conducted by AI performance analysis agency Artificial Analysis. Regarding specific pricing, V4-Flash input token costs are $0.14 per million, and output token costs are $0.28 per million, with an average cost per test of approximately 3 cents, far lower than Wenxin Kimi K3 (86 cents), OpenAI GPT-5.6 Sol ($1.86), and Claude Fable 5 ($3.15). In terms of performance, V4-Flash scored 50 points on the Comprehensive Intelligence Index, tying with Google Gemini 3.6 Flash, but still more than 9 points lower than leading models such as Claude Opus 5 and GPT-5.6. It is worth noting that a low listed price does not equate to low actual costs—if the model consumes more inference and output tokens when generating responses, actual expenses may rise significantly.

币安 Alpha 将在 8 月 4 日上线 Squid (QUID)

According to the official announcement, Binance Alpha will list Squid (QUID) on August 4. Eligible users can visit the Alpha event page to claim the airdrop using Binance Alpha points after Alpha trading opens. Specific details will be announced separately.

CSOP Funds Announcement: 12 Single-Stock Leveraged and Inverse Products Linked to SK Hynix, Coinbase, and Other Individual Stocks Will Adopt Flexible Leverage Structure

CSOP Asset Management issued an announcement regarding a total of 12 single-stock leveraged and inverse products under its management, linked to underlying individual stocks such as SK Hynix and Samsung Electronics in the Korean stock market, and Tesla, Nvidia, Coinbase, etc. in the US stock market. These products will adopt a flexible leverage structure on August 3. Under this structure, the leverage multiple of each leveraged product or each inverse product will be adjusted based on market conditions. The upper limit of the leverage multiple shall not exceed 2x (applicable to leveraged products) or 2x inverse (-2x) (applicable to inverse products).

MGBX Will List AAOI (Applied Optoelectronics), ARM (ARM), AVGO (Broadcom), BABA (Alibaba) for Spot Trading

Odaily News: According to official sources, MGBX will launch spot trading for AAOI (Applied Optoelectronics), ARM (ARM), AVGO (Broadcom), and BABA (Alibaba) at 18:00 (SGT) on August 3, 2026.Trading opening time: 18:00 (SGT) on August 3, 2026.

AI Newcomer MINIMAXG Surges Over 10%, Gate gStocks Tokenized Stocks Shine

Odaily News, Gate's latest data shows that the gStocks sector is performing strongly: MiniMax (MINIMAXG/USDT) has risen 10.56% in the past 24 hours, currently trading at $31.91, leading the spot gStocks sector. Meanwhile, Cerebras (CBRSG/USDT) delivered a solid performance, gaining 2.88% over the past 24 hours to reach $201.39; Arm Holdings (ARMG/USDT) rose 2.33% in the past 24 hours to $244.12. As market attention continues to heat up, Gate gStocks is steadily expanding its global tokenized stock asset ecosystem, offering users more diversified market participation opportunities.Gate gStocks employs a 1:1 fully-backed native stock reserve mechanism, where each tokenized security corresponds to an equal quantity of underlying native stocks as asset backing. It also supports 7×24-hour trading, unified account management, and trading with a minimum investment of 1 USDT, as well as fractional share trading. Users can participate in global popular stock investments with greater flexibility, achieving one-stop allocation across digital assets and traditional securities. As the tokenized securities ecosystem continues to enrich, Gate gStocks will keep expanding its offerings with more premium stocks and ETF products, providing users with even more diverse global asset allocation options.

China Securities Regulatory Commission Chairman Wu Qing: Working closely with the Hong Kong side to accelerate the RMB stock trading counter.

According to Caixin, Wu Qing, Chairman of the China Securities Regulatory Commission (CSRC), announced while attending the listing ceremony of offshore government bond futures in Hong Kong that efforts are currently being accelerated with the Hong Kong side to advance the RMB stock trading counter, support Hong Kong in launching more RMB-denominated and settled futures products to build a more diversified asset ecosystem, support more high-quality Chinese securities and fund companies to expand their operations and go global, build first-class investment banks and investment institutions, and provide more efficiently allocated financial services for the global layout of Chinese enterprises and investors.