News linked to both this project and an event.
According to TechFlow Research, Goldman Sachs' August 3 position tracking report shows that the volume of long sales for global information technology stocks last week reached the highest level since 2014, with the total selling volume over two consecutive days ranking second highest in nearly a decade. Hedge funds' total leverage gave back half of its year-to-date gains, and net leverage turned negative year-to-date. Retail margin balances in South Korea and Japan began to reverse after reaching historical extremes, while US retail investors are also reducing semiconductor stock holdings. Speculative net shorts in VIX futures have largely been cleared. Goldman Sachs believes the intensity of deleveraging may have peaked, but the inertia of capital outflows persists. Individual stock implied volatility rose to the highest level since 2020, index correlation fell to low levels, and the market is shifting from trading the AI sector broadly to differentiated pricing of individual stocks. Bond funds and money market funds are the main drivers of capital inflows this year; equity funds saw inflows of $34 billion in July, with an absolute scale far smaller than that of the bond market. Goldman Sachs judges that the stock selection environment is improving, but sector beta trading still faces pressure.
According to Odaily, despite spot Bitcoin ETFs recording net inflows of $211.5 million on Tuesday, the price of Bitcoin remained largely flat, hovering around $64,000. Analysts believe this movement resembles the market being compressed into a low-volatility state, rather than signaling an impending sharp decline.On the same day, spot Ethereum ETFs also recorded net inflows of $53.8 million. In the broader macro market, the S&P 500 index closed at a record high of 7,737 points on August 4, the Nasdaq rose 2.6% driven by AI earnings, and Brent crude oil fell below $80 due to easing tensions in the Strait of Hormuz.Wintermute OTC trader Jasper De Maere stated that ETF buying entering the market but failing to push Bitcoin's price higher is itself a key signal, indicating that marginal buyers in the spot market are not truly one-sided bulls. He believes that for Bitcoin to sustain its recovery narrative, it needs a clear breakout above $65,000 in the short term.Overall, analysts are interpreting the current Bitcoin price action as a form of "boring bottoming": no obvious panic selling, yet lacking strong upward momentum. ETF inflows provide support, but the price remains suppressed below key resistance, suggesting the market is still waiting for a clearer directional catalyst.
Odaily Odaily News: K33 Head of Research Vetle Lunde stated that the Coldcard attack likely drove the movement of approximately 890,000 BTC within 7 days, setting the highest 7-day active supply record for 2026. K33 estimates that around 7,300 addresses had approximately 1,596 BTC stolen at the time the report was prepared. The incident stems from a firmware flaw introduced by Coinkite in March 2021 in Coldcard hardware wallets, which may generate wallet seeds with insufficient randomness. Since July 30, coordinated transfers have removed approximately 1,600 BTC from thousands of addresses, worth over $100 million, and a possible fourth wave of attacks has pushed the total to nearly 2,000 BTC. On-chain data shows that Bitcoin's 7-day hot supply rose from 403,101.95 BTC on July 28 to 797,407.72 BTC on August 4, an increase of approximately 394,306 BTC in one week, or 98%. Sani from Timechainindex.com stated that since the Coldcard hack on Friday, exchanges have seen net inflows of 22,052 BTC. From July 30 to August 5, 39 dormant addresses moved a total of 1,486.09044782 BTC, worth over $95 million. Among them, one address created in 2010 moved 50 BTC, and five addresses created in 2013 collectively moved 620.00100547 BTC.
According to South Korean media Daum, after South Korean financial regulators raised the investment threshold for single-stock leveraged products, South Korean retail investors began adjusting their overseas investment portfolios, reducing holdings of high-leverage products and shifting to directly buying underlying US stocks. Data shows that since the minimum cash margin for single-stock leveraged products was raised to 30 million Korean won on August 1, significant capital outflows have occurred in Tesla's 2x leveraged product TSLL. South Korean investors still net bought approximately $14.58 million worth of TSLL on August 3, but on August 4, the buying amount plummeted to $1.56 million, while the selling amount rose to $8.68 million, turning to a net sell of $7.11 million for the day.
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.