News linked to both this project and an event.
: Bitgo CEO Mike Belshe deposited 100 BTC into a public Bitcoin address on August 1, worth approximately $6.3 million at the time, and invited Anthropic's Claude model to attempt to move the funds out of the address. On-chain records show the wallet received the funds on July 31, and the balance had not been transferred out as of August 2. Anthropic previously disclosed that during 141,006 cybersecurity assessment runs, 3 incidents were found, with 6 evaluation sessions involving 3 models inadvertently interacting with real organizational systems. The models involved include Claude Opus 4.7, Claude Mythos 5, and an unreleased internal research model. The cause was a configuration error by third-party testing partner Irregular, which led to the test environment being connected to the internet. Anthropic stated that Claude Opus 4.7, during one evaluation, located a real website with the same name as a simulated company, exploited weak passwords and exposed services to recover infrastructure credentials, and accessed a production database containing hundreds of records. The company said the model was attempting to complete assigned tasks, not actively breaking constraints or pursuing independent goals. Belshe's challenge involves Bitgo's institutional custody platform, which uses multi-signature or multi-party computation technology to distribute signing authority across multiple independent keys. As of August 2, Anthropic had not publicly responded to the challenge.
Odaily News - CryptoQuant analyst Darkfost stated on the X platform that on August 1, short-term holders (STH) transferred over 32,000 BTC to exchanges, with all of these bitcoins being sold at a loss. This event became one of the largest loss-making sell-offs by short-term holders in the past 30 days. He noted that market chips are shifting from more conviction-driven long-term holders to short-term holders.
Odaily News: In the Coldcard security incident involving hardware wallet company Coinkite, the amount of stolen bitcoin has risen to approximately 1,359.882 BTC. According to statistics from the Coldcard Sweep Watch dashboard, most of the identified bitcoin remains in a small number of addresses controlled by the attacker. On August 1, one of the attacker's holding addresses received a transaction containing an OP_RETURN message. The message publicly offered a 10% fee for "washing" bitcoin, KYC assistance, and withdrawal services for stolen funds, along with a Telegram contact. Coinkite has released an urgent firmware update to fix the weak random number generation issue that caused the original vulnerability. The company stated that the new firmware only protects wallets created in the future and cannot fix seeds already generated on affected versions. Some users have reported that after installing the update, their devices remain stuck on an error screen, fail to boot, or appear bricked. This mainly affects Mk4 and Q devices, though some Mk3 users have also reported similar issues. As of August 2, Coinkite has not publicly confirmed a widespread firmware defect.
Odaily News On-chain analytics firm Glassnode stated that the yield on Bitcoin's three-month futures basis has remained below the yield on the U.S. two-year Treasury note since February this year, a trend that has now persisted for several months.Glassnode pointed out that there has only been one similar instance in history where the duration of this condition came close to the current one, namely the period from August 2022 to January 2023, which ultimately corresponded to the low point of the previous market cycle.The firm stated that the prolonged slump in the futures basis not only reflects weak market demand for leverage but also directly impacts the overall depth and trading volume of the market.Analysts believe that the futures basis is typically used to gauge market risk appetite and demand for arbitrage funds. When the basis yield falls below the risk-free rate, it implies that investors are earning insufficient additional returns for the risk taken by holding Bitcoin futures, which may lead to reduced capital inflows into the futures market, thereby affecting liquidity and trading activity.
Odaily News: Bitcoin price has come under renewed pressure, slipping to a two-week low amid late-July volatility, with market attention focused on whether it may extend declines toward the $62,000 zone. Analysts noted that during periods of sharp fluctuations in South Korean equities, trading activity in the crypto market increased noticeably, signaling a growing correlation between cryptocurrency liquidity, regional stock positioning adjustments, and overall sentiment in the tech sector.Despite Bitcoin's relatively strong performance in July, traders are warning that August could see a repeat of the bear-market dynamics seen in 2022. Data shows BTC/USD finished July trading up approximately 8.5%—its strongest July performance since 2022. Some traders anticipate the rebound could extend into August, and drawing parallels with the 2022 bear-market cycle, they suggest the market may go through a phase of recovery before establishing a longer-term bottom.
Odaily News: According to on-chain analyst Yu Jin's monitoring, Trump Media transferred 2,628 BTC to the Crypto.com exchange 6 hours ago. The company currently faces a total loss of up to $555 million on its Bitcoin holdings. Between July and August last year, Trump Media raised funds by selling company stock and convertible bonds, then purchased 11,542 BTC at a total cost of $1.368 billion, with an average price of $118,529 per BTC. Since the beginning of this year, the company has gradually sold 7,281 BTC for $545 million, at an average price of approximately $74,860 per BTC, realizing a loss of $318 million. It currently still holds 4,261 BTC, valued at $268 million, with an unrealized loss of $237 million.
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.
Bitget Wallet announces that its crypto payment card, Bitget Wallet Card, has completed a major upgrade and will officially launch the "Assetback" mechanism on August 1, with the asset cashback rate simultaneously increased to 3%. This mechanism will be open to over 50 countries across Europe, Latin America, Africa, and the Asia-Pacific region. Cardholders can freely choose their preferred cashback assets, covering BTC, gold, tokenized US stocks (NVDA, TSLA, GOOGL, S&P 500), stablecoins, and more. The base asset cashback rate is 2%, while new users or users who reach the monthly spending threshold can unlock the 3% cashback tier. This upgrade breaks the traditional model where card swiping only returns cash/points, marking the transformation of Bitget Wallet Card services from consumption cashback to accumulation of appreciating assets. It turns daily consumption into an opportunity for RWA asset allocation, allowing users to achieve a new daily finance experience of "spend to build positions" without needing to open a brokerage account throughout the process or perform extra operations at checkout.
According to TechFlow Research, Goldman Sachs' research report on July 29 pointed out that the 5-year historical percentile of the total leverage ratio of global accounts remains at the 93rd percentile, the hedge fund long-short ratio has decreased from 5.7 times to 3.2 times, and deleveraging progress exceeds 90%. In July, net inflows into US stock funds were $34 billion, marking the third highest level for the same period in nearly 20 years. The S&P 500 fell below the short-term trigger level of 7,453 points; if it continues to decline, it will trigger concentrated CTA selling. Goldman Sachs estimates that systematic strategies hold approximately $196.3 billion in US stock long positions, with CTA positions at the 44th percentile. Goldman Sachs judges that US stocks are unlikely to have a trending market in August, with overall performance dominated by range-bound oscillation. Buybacks are the most certain buying support in August; currently, about 31% of S&P 500 constituents are in the buyback window, and it is expected that over 90% of companies will end the quiet period by mid-August. However, seasonal capital outflows, quantitative selling, and conservative institutional positions jointly suppress upward space. Goldman Sachs recommends reverse dispersion strategies and IWM put options as hedging tools.
The Situational Awareness fund, managed by "AI Stock God" Leopold Aschenbrenner, accumulated a gain of 439% before June 2026. However, it suffered severe setbacks during the AI sector sell-off in July. The fund is currently communicating with existing investors and lenders to seek new capital and is offering some LPs the opportunity to purchase assets from its portfolio.Sources say this capital discussion appears more like an ad-hoc response than an organized new fundraising round. The fund had previously used leverage through prime brokers at several major investment banks to amplify its AI trading exposure, turning market drawdowns further into funding pressure.In a letter to investors on July 24, Aschenbrenner acknowledged that the fund failed to avoid this market shock, noting that Asian markets were particularly affected. However, he believes this sell-off could present the best buying opportunity since early 2025. He plans to open a window for new capital on August 1st and views Anthropic's potential IPO as a catalyst for the second half of the year.According to disclosures, some holdings saw significant declines in July. Oracle and AMD fell approximately 20% for the month, while Nebius, Saronic AI, Bloom Energy, Sandisk, and others saw even larger drops. The Nasdaq 100 index fell about 10% in July, and South Korea's Kospi index dropped by roughly one-third.Currently, lacking specific data on the fund's exact drawdown magnitude, it is difficult to determine whether this fundraising is a passive capital injection driven by leverage pressure or an active move to increase positions for an opportunity. However, market trends suggest it is closer to the former. If forced selling occurs, the deleveraging process could also create discount opportunities in assets whose fundamentals haven't materially changed.
that, according to an official announcement, Binance will cease support for the AEUR product on July 31, 2026, at 03:00 (UTC), including delisting the AEUR/USDT spot trading pair. Starting from August 14, 2026, at 03:00 (UTC), AEUR withdrawals will be disabled, and any remaining AEUR balance in accounts will be automatically converted to Euros at a 1:1 ratio. Users can convert their AEUR to Euros via Binance Convert before this date. Meanwhile, related services such as Binance Simple Earn, Margin, Loans, Payments, and Gift Cards will gradually discontinue support for AEUR between July 30 and 31, 2026.
crypto exchange BitMart announced it will gradually wind down its trading platform business after nine years of operation. The platform halted new user registrations, deposits, and order placements at 01:30 UTC on July 26. All spot and derivatives trading will cease on August 26, and the platform is scheduled to officially shut down on January 31, 2027. BitMart stated that withdrawals will remain open, but checks related to identity, devices, sanctions, and funding sources may slow processing speeds. The company attributed the closure to its operational status, market conditions, and future strategic direction. Its native token, BMX, has fallen 81% over the past week to $0.057, bringing its market cap down to $19.6 million. BitMart previously suffered a loss of $196 million in December 2021 due to a hot wallet vulnerability, and covered the customer losses. Perpetual contract platform BitMEX also recently announced it will shut down after 11 years of operation, making BitMart the second major crypto exchange to announce a closure within a week.
Bitget launches a new round of CandyBomb, with a total prize pool of 160 SOL. This event is exclusive to new futures users. The participation period is from July 23, 21:00 to August 2, 21:00 (UTC+8). During the event, eligible users who complete net deposit and futures trading tasks can receive up to 1.6 SOL in rewards per person. Detailed rules have been published on the official Bitget platform. Users must click "Join Now" to complete registration before participating.
Bitget launches a USDT wealth management event from July 23 to August 6. During the event, users whose net deposit amount reaches the specified threshold can subscribe to USDT flexible wealth management products in the "Simple Earn" section and enjoy corresponding tiered annualized yields, up to 8.5% APR. Eligible net deposit currencies include USDT, USDC, USDGO, and U. For details, please refer to the official Bitget platform.
BitMEX announced that it will officially close the exchange on September 23, 2026, at 04:00 (UTC), and has immediately halted new account registrations. The platform stated that users should close open positions and withdraw funds as soon as possible. Starting from August 26 at 04:00 (UTC), the platform will implement risk restrictions, prohibiting opening new positions and only allowing position reduction; before closure, the platform will also gradually forcibly liquidate existing positions. For users who have completed identity verification but have not withdrawn assets after the closure time, the platform will charge account fees at a rate of USD 50 equivalent per month or 1% annualized (whichever is higher).
Bitget has launched a US stock spot trading event, running from July 22 to August 21. During the event, users who complete a net deposit of at least 100 USDT and engage in stock spot trading, while holding their positions for at least 48 hours, will receive a gift package worth 50 USDT. The rewards include a 10 USDT spot cash voucher and a 40 USDT spot 100% fee rebate voucher. For more details, please refer to the official Bitget platform.
According to TechFlow Research, JPMorgan's quantitative report on July 16 noted that the Philadelphia Semiconductor Index has cumulatively declined by approximately 19% since its high on June 22, but quantitative models indicate that the unwinding of crowding in AI-related sectors is not yet complete. The "AI Bubble Interest Score" tracked by the model remains in the historical highest range; at this level, the probability of SOX falling another 8% or more in the short term exceeds 50%. JPMorgan provided a quantifiable entry signal: only when the score falls out of the historical highest range is it truly time to consider scaling in. Before this, every rebound may be pressed back by panic narratives. For US stock investors, now is not the time to add positions; it is recommended to wait for the window in mid-August, or use put options and defensive sectors to hedge. For A-share investors, the volatility of the domestic AI sector is higher; the same logic can be applied, waiting for clearer right-side signals, with the August earnings period being the key window.
According to the official announcement, Huobi HTX recently launched a new feature, "Invite to Earn Crypto," and provides a 600,000 USDT prize pool, bringing real cash benefits to inviters and new users. From now until 10:00 on August 16 (UTC+8), users can generate an invitation link via the Huobi HTX "Invite to Earn Crypto" page and share it with friends. Friends only need to successfully register via the invitation link and complete designated tasks such as deposits and trading, after which both parties can unlock token rewards, with up to 300 USDT available for each person invited.
According to official announcements, Coinbase will cease support for USDC deposits and withdrawals on the Noble network on August 17, 2026.
According to Cointelegraph, although Bitcoin's cumulative gain since July has approached 10%, marking the best performance in the same period in nearly four years, multiple market analysts warn that the current trend is highly similar to the bear market period in 2022, and the market may turn weak again starting from August. Looking back at 2022, Bitcoin once rebounded nearly 17% in July, but subsequently fell about 14% and 3% in August and September, respectively. Daan Crypto Trades pointed out that Bitcoin currently basically aligns with the historical average July performance, but the third quarter has historically been one of the weakest quarters for Bitcoin, with an average gain of only about 6%. The gradual decline in market liquidity and trading volume may be an important reason leading to the weak performance in the third quarter. Rekt Capital also pointed out that Bitcoin's price trend in 2026 shows high similarity to previous bear market cycles. If history repeats itself, Bitcoin may continue the summer rebound trend in the second half of July, but subsequently face a new round of adjustment.