News linked to both this project and an event.
Odaily News According to official sources, Gate's GUSD product has been fully upgraded. Users holding GUSD can enjoy an annualized yield of 3.8%,with support for flexible deposits and withdrawals, 1:1 lossless redemption in the original subscription currency, and zero redemption fees. Meanwhile, Gate Launchpool is simultaneously opening SPCX and SLX staking pools. Among these, the total value of flexible staking in the SPCX GUSD pool has approached 66.38 million GUSD, with a staking APR of 3.50%. Combined with the 3.8% base annualized yield from GUSD flexible savings, the total annualized yield reaches as high as 7.30%.In addition, Gate is running multiple wealth management and reward campaigns in parallel. Dual rewards for deposits and trading: From 14:00 on August 3 to 14:00 on August 10, 2026 (UTC+8), deposit 100 USDT to receive 100 USDT, and trade to earn an additional 0.1 ETH. Exclusive VIP boost for Gate's余币宝 (Flexible Savings): USDT fixed-term wealth management yields have been fully upgraded, with 7-day and 30-day annualized yields increased to 3.8% and 4.0%, respectively. Quotas are limited and available on a first-come, first-served basis. High-yield campaign for USD1 holders: Starting from 00:00 on July 29 (UTC+8), users holding USD1 in their asset accounts can earn up to 8% annualized yield. Campaign rewards will be distributed daily in the form of WLFI to eligible user accounts.As the product ecosystem and reward framework continue to evolve, Gate will keep enriching users' asset yield scenarios, delivering a digital asset management experience with higher returns and lower barriers.
Odaily News — According to on-chain analyst Ai Yi's monitoring, the address holding the TOP1 KAITO position on Hyperliquid has added margin. The two addresses currently show a cumulative unrealized loss of $1.17 million. On August 3, two new addresses opened 5x long positions totaling $6.94 million amid the price decline, with entry prices of $1.1178 and $1.1117 respectively. One of the addresses added 1.953 million USDC as margin half an hour ago — it remains unclear whether this move was intended to reduce liquidation risk or to increase the long position.
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.
Odaily News: Lookonchain posted on the X platform that as of August 4: Bitcoin ETFs saw a net inflow of 1,600 BTC (approximately $102 million) on the day, and a 7-day net inflow of 1,241 BTC (approximately $79.36 million). Ethereum ETFs recorded a net outflow of 6,558 ETH (approximately $12.27 million) on the day, and a 7-day net outflow of 16,300 ETH (approximately $30.44 million).
Odaily News: Lookonchain posted on X platform, August 3 update: Bitcoin ETF single-day net outflow of 3,321 BTC, valued at $210 million; 7-day net outflow of 297 BTC, valued at $18.8 million. Ethereum ETF single-day net outflow of 3,515 ETH, valued at $6.52 million; 7-day net inflow of 1,573 ETH, valued at $2.92 million.
Odaily News: On-chain analyst Yuyue posted on X platform that MicroStrategy has sold Bitcoin for three consecutive months between the end and the beginning of each month: 32 BTC sold from May 26 to May 31; 3,588 BTC sold from June 29 to July 5; 1,638 BTC sold from April 27 to August 2.
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.
According to The Block, Bernstein analysts indicated that the likelihood of the U.S. Clarity Act passing within 2026 is declining, with the Senate left with only this week's window (before recess on August 7). Analysts noted that if the bill fails, the digital asset market may experience a negative reaction in the short term, but the SEC and CFTC will accelerate rule-making under the "Project Crypto" framework, covering token classification, DeFi, and self-custody regulatory details, while continuing to promote innovative areas such as tokenized real-world assets (RWA), perpetual contracts, and prediction markets. CFTC Chairman Michael Selig previously also warned that if Congress fails to act, regulators will be forced to "take over all rule-making". Currently, bipartisan senators Thom Tillis and Ruben Gallego have submitted a revised ethics compromise proposal, and negotiations are still ongoing.
official data shows Gate's yield-bearing stable asset GUSD has surpassed $224 million in cumulative subscription volume. Currently, users holding GUSD can enjoy five-fold yield benefits, including deposit rewards, GUSD demand deposit subscription yield, 1:1 lossless redemption, and stacked rewards from Launchpool dual staking pools, offering multiple asset appreciation opportunities across various scenarios.Among these, Gate GUSD demand deposit treasury product supports users holding GUSD to earn an annualized yield of 3.8%, with yields distributed daily and supporting flexible deposits and withdrawals; the original subscribed currency can be redeemed 1:1 without loss, with no redemption fees. Additionally, new users participating in GUSD demand deposit treasury subscriptions can enjoy a limited-time 100% annualized yield.In terms of ecosystem yield, Gate Launchpool currently has multiple staking pools open simultaneously, including SPCX and ANTFUN. Data shows that the SPCX GUSD pool currently has a total liquid staking amount of 44,679,086.85 GUSD with an APR of 4.85%; the ANTFUN GUSD pool currently has a total liquid staking amount of 76,454,030.14 GUSD with an APR of 5.06%. After users stack GUSD demand deposit yield, the combined annualized yields of the two pools can reach 8.65% and 8.86%, respectively.In addition, Gate is launching a deposit trading carnival event from July 27 at 18:00 to August 11 at 18:00 (UTC+8). Users who complete designated net deposits and trading tasks can receive deposit rewards and participate in trading challenges, with a maximum reward of 8,938 USDT per individual.
Bitget launches a new user contracts campaign, running from August 3 to August 10. During the event, new users who make a first deposit of at least 200 USDT on the day and achieve a daily contract trading volume of 4,000 USDT will receive a 20 USDT reward. Additionally, users who complete designated deposit and contract trading tasks can also earn advanced rewards, with a cumulative maximum of 80 USDT per person. For more details, please refer to the official Bitget platform.
Odaily News: According to an official announcement, Binance has decided to cease trading and delist the following tokens at 03:00 (UTC) on August 17, 2026: Across Protocol (ACX), Hashflow (HFT), PIVX (PIVX), Vulcan Forged PYR (PYR), Vanar (VANRY), and Viction (VIC). All spot trading pairs will be removed, and trading bot services will be terminated simultaneously. Deposits will be suspended after 03:00 (UTC) on August 18, 2026, with withdrawals available until 03:00 (UTC) on October 17, 2026. Services for futures, leverage, and wealth management products will also be gradually discontinued.
: 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.