News linked to this event type.
Odaily News, BIT Official released a weekly report stating that trading volume in the crypto market has fallen 80% from its peak, contracting approximately 60% from the Q4 2025 high, while the total crypto market cap has also dropped 50%. The report noted that without a meaningful recovery in volume, the market will struggle to form a sustained rebound.Despite the market still digesting the double headwinds of the Fed's hawkish policy stance and stalled progress on the CLARITY Act, Bitcoin has held within the $62,000 to $66,000 range. BIT Official expects Bitcoin to eventually break upward.The report stated that Fed Chair Kevin Warsh has recently adopted a "say less, do less" communication strategy, and the uncertainty surrounding his policy stance is unsettling the market. Warsh has been known for his hawkish position over the past two decades, but the market had previously anticipated that, with Trump's support, he might push monetary policy in a more dovish direction. If that shift materializes, it could be a positive catalyst for Bitcoin.Additionally, prediction market data shows that the probability of the CLARITY Act being signed into law by the end of 2026 currently stands at just 32%. Senate Majority Leader John Thune has indicated that the Senate will prioritize other issues, and with the August recess approaching, the remaining legislative window for the bill is further narrowing.
According to the official announcement, Bitget has launched USDT-margined GRVT perpetual contracts, supporting up to 20x leverage, and the Contract Trading Bot will be available simultaneously. For more details, please refer to the Bitget official platform.
According to Cointelegraph, Bhutan's special administrative region Gelephu Mindfulness City (GMC) announced it has commissioned Canadian digital asset management company 3iQ to manage a portion of its Bitcoin treasury, with the specific scale undisclosed. This collaboration is a continuation of the plan announced by Bhutan in December 2025—at that time, Bhutan announced it would allocate up to 10,000 BTC from its state-held Bitcoin to support the development and construction of Gelephu City. Under the latest agreement, 3iQ will manage the relevant assets institutionally and establish a long-term operational presence locally, investing in local talent development and knowledge transfer.
According to Fortune magazine, Amazon released its Q2 2026 earnings report, showing strong overall performance, with after-hours stock price rising over 9%. In terms of core data, AWS cloud business revenue reached $42.2 billion, a year-over-year increase of 37%, marking the fastest growth in nearly 18 quarters; operating income was $16.6 billion, up 64% year-over-year, with profit margin rising to 39.4%; AWS customer contract backlog reached $496 billion. The company's overall net sales increased by 20% year-over-year to $200.6 billion, with operating income of $27.5 billion. Regarding outlook, CEO Andy Jassy stated that Amazon's 2026 capital expenditure expectation was raised from $200 billion to $220 billion, mainly driven by rising memory costs, but even so, capacity is expected to remain insufficient to meet all demand in the next two years. Jassy also pointed out that 85% of global IT spending is still on-premises, the cloud migration wave is far from over, and AWS is winning the "largest share" of enterprise migration plans.
Odaily News: The Consumer Technology Association (CTA), an industry organization representing over 1,300 technology companies, is urging the U.S. Senate to advance the CLARITY Act and establish clear federal rules for digital assets. Michael Petricone, CTA's Senior Vice President of Government Affairs, said on X on July 28 that the House has completed its work, and the Senate now must decide whether financial technology innovation develops in the U.S. or overseas. CTA stated that regulatory certainty would boost investment, strengthen consumer protections, expand innovation, and reinforce America's position in blockchain technology. The organization noted that companies need clear federal rules for digital assets before committing long-term capital and developing new financial products. U.S. Senator Cynthia Lummis has released a revised version of the CLARITY Act text, incorporating work from the Senate Banking Committee and the Agriculture Committee, covering market oversight, consumer protections, and the allocation of regulatory authority over digital assets. Senator Elizabeth Warren stated that the revised text still fails to address significant conflicts of interest. The bill remains stalled in the Senate as lawmakers negotiate unresolved provisions. Stablecoin rewards are also a point of contention, with more than 130 banking executives urging legislators to prevent payment stablecoins from operating in a manner similar to interest-bearing accounts.
Odaily News: Canadian Bitcoin hardware manufacturer Coinkite has warned users of Coldcard Mk3 signing devices to migrate funds from wallets whose seed phrases were generated by affected firmware. Coinkite stated that seed phrases generated by Mk3 firmware version 4.0.1 and later, released in March 2021, may put funds at risk, with the impact extending to version 5.0.3, the final version supporting the Mk3. Coinkite said that Mk4, Q, and Mk5 models are not affected; affected users should generate new seed phrases on unaffected devices, verify backups and receiving addresses, send a small test transaction first, and then migrate the remaining funds. The company said its investigation is still ongoing and that a formal technical review will be published. Bitcoin security experts are examining a centralized transfer of unclear origin involving 594.48 BTC in single-signature addresses, valued at approximately $38.3 million. Rob Hamilton, CEO and co-founder of AnchorWatch, stated that 1,324 unspent transaction outputs were moved via 500 transactions within a three-block window, with 562 BTC subsequently consolidated into another address. Kevin Loaec, CEO of Wizardsardine, said the current hypothesis is that a low-entropy random number generator has caused insufficient randomness in some wallets' seed phrases, with the relevant flaw potentially stemming from a software library, secure element, specific device batch, or firmware version. He added that this hypothesis has not yet been confirmed, and wallets from which only partial funds were transferred may still face the risk of subsequent theft.
Ethereum Institutional (@ethereuminsti) posted that Open Standard's stablecoin project Open USD will be deployed on Ethereum on its first day of launch, having already attracted over 140 enterprises to join, including Visa, Mastercard, Stripe, BlackRock, BNY, and others. All reserve yields will flow to partners driving its growth. Open Standard stated that shared assets require neutral infrastructure, and Ethereum is the deployment platform it has chosen.
Bitget PoolX will launch the project Space and Time (SXT). Locking SXT allows sharing 2,500 UNI, with an individual locking limit of 80 million SXT. The locking channel opens from 18:00 on July 31 to 18:00 on August 5 (UTC+8).
Odaily News, July 30 – Anthropic released a report stating that during a review of cybersecurity assessment records, three incidents were discovered in which the Claude model accessed the internet in a third-party evaluation environment and further obtained unauthorized access to three real organizations' systems.Anthropic stated that the review covered 141,000 evaluation runs that could have potentially gained network access, and a total of three related incidents were found. All incidents occurred during Capture The Flag (CTF) cybersecurity tests, where the model was told the environment was a simulation with no internet access; however, due to configuration errors by the evaluation partner, the actual environment had internet connectivity.Among these, Claude Opus 4.7 accessed real company infrastructure during one test and obtained database permissions containing hundreds of production data records; Claude Mythos 5 built a malicious Python package and uploaded it to PyPI, resulting in the package being downloaded and run on 15 real systems; another internal research test model scanned approximately 9,000 targets and accessed a company's internet application through a public vulnerability.Anthropic stated that these incidents were not cases of the model actively seeking to escape or pursue its own goals, but rather the model mistakenly believed the real systems were within the test scope and continued executing the assigned cyberattack tasks. Notably, the newer internal research model stopped attacking after identifying that the targets might be real systems.Anthropic stated that these incidents primarily reflect issues with evaluation environment isolation and operational processes, rather than model alignment failures. The company has suspended related cybersecurity assessments, strengthened security controls in evaluation environments, continuously monitored test records, and will collaborate with third-party organizations to conduct further reviews.
Odaily News, CZ posted on X platform, expressing agreement with Spigg's view on Giggle Academy selling donated tokens, and stated that Giggle Academy is not a crypto team, but is developing a free education app, and managing cryptocurrency or token supply is not its expertise. Giggle Academy cannot determine how selling a certain amount of tokens would affect prices, or how many tokens should be sold or retained each month, so it has chosen to periodically sell most of the token value to cover expenses.Crypto projects should not donate large amounts of tokens to charities or other organizations that could affect market prices, expecting them to manage token economics on their own. Project teams should be responsible for their own token supply management. He has previously provided BNB to Giggle Academy multiple times, and Giggle has sold or exchanged it for fiat currency to cover operational expenses. BNB developers and holders have no objection to this, and the community is proud to support educational initiatives.CZ stated that regular donations would be welcomed, but he will not commit Giggle Academy or himself to any specific actions, nor provide additional thanks or market interaction. The core of donation should be to support Giggle Academy's mission of providing free education to children worldwide, not to generate attention for tokens. (CZ)
According to The Block, the JPMorgan analyst team (led by Managing Director Nikolaos Panigirtzoglou) released a report on July 30 stating that the probability of the "Clarity Act" (Crypto Market Structure Act) passing in the US Senate within the year has dropped to a historic low. The Kalshi prediction market shows a passing probability of only 37%, while Polymarket is even lower at 26%. Analysts pointed out that disagreements on core issues such as ethical provisions, enforcement standards, stablecoin yields, decentralized finance, and illicit finance remain unresolved. Voting is expected to be difficult to complete before the Senate summer recess, and may be postponed until after senators return in mid-September.
Coinbase Markets announced it will launch US500 Stock Index Perpetual Futures on August 17, providing U.S. traders with leveraged derivatives exposure based on the overall performance of the U.S. large-cap stock market. The product will be available on the Coinbase Derivatives platform.
ENS DAO has published a new proposal on the X platform, aiming to establish a full-time operations foundation and set up a five-person board of directors responsible for managing the endowment fund.According to the proposal, ENS DAO plans to allocate 1 million ENS tokens for the foundation’s employee salaries. Token holders will retain control over the protocol, including ENS held by the DAO, operational wallets, and the authority to appoint and remove foundation directors.
Telegram founder and CEO Pavel Durov (@durov) revealed in a post that the Russian government has designated him as a "terrorist" because he refused to comply with Russian demands to implement mass surveillance and content censorship on Telegram. Under relevant Russian laws, Durov is prohibited from "publishing any information on the internet." Durov responded to this by stating: "Russian officials obviously fail to understand who can actually kick whom off the internet."
According to the announcement on the CFTC official website, the U.S. Commodity Futures Trading Commission (CFTC) issued a Notice of Proposed Rulemaking (NPRM) on July 30 to solicit public comments on amendments to Parts 37, 38, and 39 of the regulations and sections 1.52 and 1.55, with a comment period of 60 days after publication in the Federal Register. This revision targets the increasingly common affiliations among CFTC-regulated entities, covering market participants including Derivative Clearing Organizations, Designated Contract Markets, Swap Execution Facilities, Futures Commission Merchants, and market makers, with a focus on resolving potential conflicts of interest within vertically integrated market structures. CFTC Chairman Michael S. Selig stated that the proposed rule will establish a principles-based regulatory framework for vertically integrated market structures, maintaining market integrity while avoiding stifling innovative market structures or imposing excessive compliance burdens on registered entities.
According to The Block, bipartisan Senators Thom Tillis (Republican) and Ruben Gallego (Democrat) submitted a new ethics compromise proposal to the White House on Thursday morning local time, attempting to break the deadlock in advancing the Clarity Act cryptocurrency legislation. Currently, there is less than a week left until the Senate recesses on August 7, but the bill still has not obtained the 60 votes required for passage. Democrats insist on adding stricter ethics provisions to constrain the Trump family's crypto interests, including the Meme coins they issued and the World Liberty Financial project in which the family participates, while some Republican senators have objections to the stablecoin interest provisions, worrying that it will divert deposits from traditional banks to the crypto sector. Although the draft leaked last week prohibited public officials and their spouses from issuing digital assets, it did not cover other family members, and included a "sunset clause" expiring in January 2029, which critics believe essentially nullifies the entire ethics provision. Treasury Secretary Scott Bessent subsequently blamed the Democrats on X, stating that they "chose political gaming on the verge of a major victory". The Crypto Innovation Committee (CCI) warned that if the bill fails to pass, the US will hand over its global leadership position in the field of crypto regulation.
Odaily Planet Daily reported that Fox Business crypto journalist posted on X, stating that Lummis said Senator Hawley is "very resistant." Hawley did not vote in favor of the GENIUS Act and is not expected to vote for the CLARITY Act either; however, discussions with his office are reportedly still ongoing. Other Republican opposition appears to stem from the banking industry's concerns over the stablecoin earnings provisions in the bill. Fox Business crypto journalist noted that an industry source familiar with the matter said yesterday that, given the banking lobby's pressure and concerns from some Republicans, the earnings provisions in the bill are expected to undergo at least partial adjustments before it goes to a full Senate vote. However, it remains unclear whether these adjustments will be sufficient to satisfy the banking sector.
According to CoinDesk, Project Agorá, led by the Bank for International Settlements (BIS), recently completed a cross-border payment test with real funds. Participants included 28 commercial banks such as JPMorgan Chase, Citigroup, UBS, Deutsche Bank, and Standard Chartered, as well as five central banks. The test processed approximately $1 million (about 800,000 Swiss francs) in real transactions, covering six currencies: the US dollar, euro, pound sterling, Japanese yen, Swiss franc, and South Korean won. The test utilized tokenized central bank reserves and commercial bank deposits, settling funds on a shared ledger with an average settlement time of about 80 seconds. Unlike traditional cross-border payments that require intermediation by multiple correspondent banks, the platform achieved shared single ownership records and supports synchronized settlement of bilateral foreign exchange, effectively reducing principal risk. The BIS stated that the platform can operate in parallel with existing payment systems, rather than replacing them.
Japanese listed company Quantum Solutions has sold another 1,000 Ethereum, cashing out approximately $1.9 million to support its AI data center expansion. Following this sale, the company has reduced its ETH holdings by nearly 30% since mid-June.According to company documents, Quantum Solutions' subsidiary, GPT Pals Studio, sold this batch of ETH on Thursday at an average price of $1,903. The company expects to record a loss of approximately $100,000 from this transaction. After the sale, Quantum Solutions' remaining ETH holdings amount to approximately 4,765, which is lower than the 4,976 ETH held by Def consulting, thereby losing its position as the largest corporate ETH holder among Japanese listed companies.Quantum Solutions has sold a total of 1,904 ETH in less than two months, accounting for approximately 28.6% of its pre-sale holdings of 6,668.8 ETH. Previously, GPT Pals had sold 904 ETH on June 16, cashing out about $1.6 million.The company acquired the majority of its ETH during the crypto market highs of the fourth quarter of 2025, when ETH prices were in the range of approximately $4,000 to $4,500.
Coinbase announced on X that users can now trade the 500 largest companies directly on Coinbase. Its next stock index perpetual-style futures, US500, will be available to U.S. traders on August 17, allowing users to go long or short on the overall large-cap U.S. stock market.