News linked to both this project and an event.
Odaily News: Bitcoin added 2.27 million new wallets this week, with active wallet count reaching 751,000, marking the highest on-chain activity in months. On July 31, active addresses briefly approached 978,000—approximately 1.6 times the July daily average—while the first week of August averaged around 751,000 daily, up from July's average of roughly 610,000. Daily average exchange inflows stood at approximately $1.55 billion, down from July's $1.67 billion, with fund movements not accompanied by significant exchange buying activity. This surge in activity is linked to a firmware vulnerability in Coldcard devices from hardware wallet manufacturer Coinkite. The vulnerability affects certain Mk3, Mk4, Mk5, and Q models, where seed generation utilizes a software random number generator, reducing the actual randomness of some devices to approximately 40 or 72 bits. Since July 30, related bitcoin losses have exceeded $116 million. Holders of affected devices have transferred funds to new addresses and replaced them with unaffected hardware devices. Coinkite has released firmware patches and entropy remediation disclosure documents. This vulnerability stems from a random number generation issue in device firmware, not a flaw in the Bitcoin protocol layer.
Odaily News On August 6, at the "All Core Devs consensus call" held by the Ethereum community (a biweekly meeting to discuss consensus layer changes), Jerome introduced EIP-8363, a proposal aimed at introducing a decreasing burn mechanism for Ethereum. Once the staking ratio exceeds 50%, the staking incentive for validators would drop to zero.However, other participants expressed concerns about the potential negative impact on small validator nodes and the risk of centralization, and also questioned the actual returns for stakers and the complexity of implementation. As a result, the proposal was ultimately recommended for removal from consideration for inclusion in the Hegota upgrade. Jerome and the other authors of the proposal were also advised to respond to all comments on the EIP thread on the Eth Magicians forum.It is reported that EIP-8363 was submitted as a draft on August 4, in an attempt to meet the non-core EIP submission window for the Hegota upgrade (deadline August 6), but it triggered extensive controversy within the community regarding timing, impact on staking/DeFi, and centralization risks. Executives from Ethereum ecosystem companies, including SharpLink CEO Joseph Chalom, Aave founder Stani Kulechov, and Ether.fi founder Mike Silagadze, all publicly opposed the proposal.
Odaily News: Justin Mateen, a director at Trump family-backed bitcoin mining company American Bitcoin (ABTC) and co-founder of Tinder, purchased company shares on two consecutive days following the release of its quarterly earnings report, with a total investment of approximately $1.93 million. Regulatory filings show that Mateen bought approximately 145,000 shares of ABTC Class A common stock on August 5, with a transaction value of about $925,000 and an average purchase price of approximately $6.40 per share. On August 6, he purchased another approximately 162,000 shares for about $1 million, at an average price of approximately $6.19 per share. Together, the two transactions totaled 306,981 shares, increasing his ABTC holdings to 492,297 shares. American Bitcoin, supported by members of U.S. President Trump's family, including Eric Trump and Donald Trump Jr., is a Nasdaq-listed bitcoin mining and BTC reserve company. The company adopts a strategy of "large-scale mining plus corporate treasury bitcoin holdings" to provide investors with bitcoin exposure. Financial reports show that American Bitcoin recorded a net loss of approximately $57 million in the second quarter, while its mining scale and bitcoin reserves continued to grow over the same period. The company produced approximately 932 BTC in the quarter, reaching an all-time high, with treasury bitcoin holdings increasing to over 8,000 BTC.
Odaily News, August 7 — The Senate announced that the vote on the Clarity Act has been postponed to September. Senator Lummis, a supporter of the Clarity Act, posted on X, saying, "I have put so much long and hard work into this bill, so you can imagine how frustrated I am right now. Someday I will have more to say, but for now, allow me to say this: we have come this far, and now is absolutely not the time to give up.""I will not give up, because I deeply believe in my heart that this industry deserves to thrive under clear rules on American soil; consumers deserve to be protected from fraud and have the confidence to participate in our digital economy; and law enforcement should also have the necessary tools to hold bad actors accountable.""The Clarity Act is the only way for us to achieve these goals. The status quo is flawed in every way, and I will not rest until we fix this broken system. I will continue to work hand in hand with my colleagues to reach this goal—this fight is far from over."
Odaily News: SK Hynix's stock price has recently seen a pullback. On August 3, the stock fell 8.79%. Although it rebounded slightly by 0.64% and 5.77% on August 4 and 5 respectively, it plunged another 10.37% on August 6, closing at 1.495 million KRW; on August 7, it dropped a further 4.88%, closing at 1.422 million KRW.Against the backdrop of heightened market volatility, SK Group released an advertisement quoting founder Choi Jong-gun’s famous saying: "Despair and hope are two sides of the same coin; you can turn despair into hope as easily as flipping your palm," and adapted it to: "Unease and anticipation in the AI era are also two sides of the same coin; you can turn unease into anticipation," thereby conveying confidence in the long-term development of the AI industry.Securities institutions believe that short-term stock price fluctuations have not changed SK Hynix's fundamentals, and the market should focus on its HBM4 technology leadership and the earnings stability brought by long-term supply agreements (LTAs). Specifically:1. Hyundai Motor Securities expects SK Hynix's DRAM and NAND bit growth to reach 9.7% and 1.5% respectively in the third quarter. As HBM4 sales contributions expand, even with a higher proportion of LTAs, DRAM average selling prices (ASP) are still expected to rise 19.9% quarter-over-quarter. Companies such as OpenAI and Anthropic are advancing plans to build their own hyperscale AI data centers and intend to raise funds for related construction through IPOs. Even if some large tech companies adjust capital expenditures (Capex) in the future, this could be offset by demand from other AI infrastructure. Additionally, regarding competitive concerns over China's CXMT, given the U.S. continued tightening of semiconductor equipment export restrictions, as well as Micron's expansion of domestic U.S. investment, the likelihood of major companies like Apple adopting Chinese memory chips is relatively low.2. SK Securities is also bullish on SK Hynix's competitive advantages, believing that with its leading position in HBM, partnerships with major North American GPU companies, and AI-driven LTA demand, SK Hynix's market position remains solid. Currently, the HBM supply-demand fulfillment rate is below 70%, and the core value of LTAs lies in ensuring profit sustainability and earnings stability through a "mutual binding structure" between customers and suppliers. With value-reassessment initiatives such as an ADR listing progressing, along with dividend income from the sale of SPC assets related to Kioxia, the company's goal of achieving net cash of 100 trillion KRW may be reached earlier than expected. As shareholder return policies gradually become clearer, this will help the market re-evaluate the value of the LTA model and drive a further re-rating of SK Hynix. (Daum)
Bitcoin developer Chris Guida has reset the PoW change code written by Bitcoin developer Luke Dashjr in 2017 onto the recent Bitcoin Knots codebase. The code has not yet been scheduled for activation, and Guida stated that it serves as a contingency plan and is not an imminent fork. BIP-110 is a temporary soft fork proposal that aims to restrict arbitrary data embedded in Bitcoin transactions within approximately one year, including restoring the OP_RETURN 83-byte consensus limit. The proposal requires 55% miner signaling support, meaning 1,109 blocks out of 2,016 blocks, to achieve early lock-in. If the threshold is not met, the forced signaling window will begin at block 961,632, expected to occur around August 8 or 9. Nodes implementing BIP-110 will subsequently reject blocks that do not emit a support signal, with lock-in expected no later than block 963,648 and activation targeted at approximately block 965,664. As of 8:15 AM Eastern Time on August 7, 2026, the chain tip height is 961,425, with 207 blocks remaining until the forced window begins. Only 47 out of 1,818 blocks have emitted a BIP-110 support signal, with the current signaling rate at approximately 2.59%.
Bitget PoolX launches project 2U2.ai (2U2). Users can lock ETH or 2U2 to share 4.2 million 2U2 airdrop. Among them, the ETH locking pool airdrop total is 3.8 million 2U2, with an individual locking limit of 1,500 ETH; the 2U2 locking pool airdrop total is 400,000 2U2, with an individual locking limit of 35 million 2U2. The locking period is from August 7, 20:00 to August 11, 20:00 (UTC+8). Additionally, users with a positive net ETH deposit amount during the event can receive a 3% ETH interest rate boost coupon after the PoolX event ends; users participating in PoolX for the first time who meet the net deposit condition can receive a 12% ETH interest rate boost coupon.
Odaily News: Bitget PoolX has listed Lagrange (LA). Users can stake LA to share in an airdrop of 260,000 LA tokens, with a personal staking cap of 6 million LA. The staking window opens from August 7, 20:00 to August 12, 20:00 (UTC+8).
Odaily News: Bitcoin mining company and mining service provider BitFuFu has released its unaudited Bitcoin production and operational data update for July 2026. The company stated that during July, it strategically acquired additional future hash rate resources by selling a portion of its Bitcoin holdings, with this hash rate expected to come online in August. Combined with the hash rate resources acquired in June, BitFuFu anticipates its managed hash rate will recover to approximately 20 EH/s by mid-August.Additionally, BitFuFu's Bitcoin production in July totaled 112 BTC (40 from cloud mining and 72 from self-operated mining), with an average daily production of 3.6 BTC, both down month-over-month. Its Bitcoin holdings decreased from 1,671 BTC in June to 1,314 BTC. (WSJ)
According to Bloomberg, Nomura Holdings economists Sonal Varma and Si Ying Toh released a research report noting that India, serving as a back-office service center for many global enterprises, is currently becoming a key sample for evaluating the impact of AI on the employment market. The report analyzed 69 cases in Asia (mainly covering the period from 2022 to August 2026), with conclusions showing that the growth rate of hiring for AI-related roles in India has currently exceeded the scale of layoffs and hiring freezes caused by AI. Nomura believes that, by virtue of its massive labor force, India is bearing the "largest absolute impact" under the AI wave and is the most representative "frontline" for observing the impact of AI technology on employment.
According to the official announcement, Huobi HTX listed KO/USDT, RDDT/USDT, and CASHCAT/USDT perpetual contracts on August 7, supporting 1-10x long and short trading. Meanwhile, from now until August 11, 15:00 (UTC+8), Huobi HTX is launching a new token contract trading competition. Users who complete registration, participate in contract trading of participating tokens, and reach specified thresholds will have the chance to share a total prize pool of 1 billion $HTX.
According to TechFlow Research, JPMorgan's August 6 research report cites LightCounting's latest forecast that the data communication market CAGR from 2025 to 2030 will reach 28%, with the scale increasing from $20 billion to over $70 billion. 1.6T products are the largest growth driver, with a CAGR of about 120%, contributing about $40 billion by 2030. After the NPO/CPO market is included in the addressable market calculation, it will exceed $18 billion by 2030, accounting for more than 25% share of the data center communication market. The telecom and data center interconnect market CAGR is 18%, reaching $9 billion by 2030. In terms of short-term financial reports, JPMorgan believes COHR has the highest earnings certainty, with revenue and profit margins expected to continue improving; market concerns over LITE are excessive, with valuation corresponding to only 22x 2028 EPS, leaving room to exceed expectations; FN needs September quarterly guidance to boost confidence. In terms of customer landscape, Google is expected to become the largest optical component purchaser by 2030, and Meta will lead NPO/CPO deployment. For Nvidia, short-term share rebounds to 25% due to 1.6T, but long-term share is expected to drop from 18% to 12%.
Monitoring by the PPP Prediction Market Tool shows that in Polymarket's "When will the Strait of Hormuz resume normal navigation?" prediction market, a wallet with a 93% win rate (0xa52b785a5510117ac3ae03d75d029f89a36c9480) purchased positions worth $158,000 betting that navigation will not resume before August 15, with an average entry price of 98.6¢ and a total of 160,003.1 shares bought.According to US media reports, Oman has agreed to reach a framework agreement with Iran to temporarily reopen the Strait of Hormuz. However, the agreement has not yet been officially announced, and whether the US will support it still depends on the final details.Join the PPP Signal Push Community to stay ahead and seize the opportunity.
According to the latest trading data disclosed by Ark Invest, funds under Cathie Wood sold a total of 109,492 shares of Palantir (PLTR) on August 4 and 5, valued at approximately $17 million based on the latest closing price.Palantir previously reported second-quarter revenue of $1.94 billion, up 93% year-over-year, and raised its full-year guidance, driving the stock up nearly 30% in a single day after the earnings release. In addition, Cathie Wood has recently increased positions in Circle (CRCL), SpaceX (SPCX), and NVIDIA (NVDA), while reducing holdings in Shopify (SHOP) and Roblox (RBLX). (The Street)
Odaily News: Airport retailer Dubai Duty Free launched Crypto.com Pay on August 5, 2026, available to eligible UAE residents, covering Dubai International Airport, Al Maktoum International Airport, and its online store. Customers can select Crypto.com Pay in-store, scan a QR code displaying the amount in UAE dirhams, and authorize the transaction through the Crypto.com App; online customers can choose this method at checkout and confirm payment. Dubai Duty Free settles transactions in UAE dirhams through regulated payment infrastructure. The payment service operates under the regulatory framework of the Central Bank of the UAE's (CBUAE) stored value facility. Crypto.com previously obtained a CBUAE stored value facility license, enabling it to provide regulated payment services in the UAE.
According to TechFlow Research, Morgan Stanley's latest research report in August indicates that the Q3 DRAM contract price quarter-over-quarter increase has fallen from an expected 20% to 15%, memory module inventory has risen to 12.5 weeks, and signs of weakness have emerged in China's consumer electronics demand. However, Morgan Stanley believes this is merely a normal cyclical slowdown, not a trend reversal. The capex growth rate of the four major cloud vendors was adjusted up from 14% to 29%, and AI demand remains strong. Samsung aims to place 60% to 70% of its capacity under long-term agreements, SK Hynix has completed LTA negotiations with approximately 10 clients, and Micron's 16 agreements cover approximately $100 billion in minimum revenue. Morgan Stanley maintains an overweight rating on Samsung and SK Hynix, with target prices of 381,000 won and 2.6 million won respectively, implying 74% to 84% upside potential. Samsung's current stock price corresponds to an expected P/E ratio of about 5x for 2026, while SK Hynix is about 5.8x. Morgan Stanley believes LTAs are changing industry earnings visibility; the market has not yet assigned a premium to LTA-supported earnings. If LTAs verify downside protection, the memory valuation system may be reshaped.
since the launch of Robinhood Chain, DEX trading volume has dropped from a peak of approximately $878 million on July 11 to $241 million on August 1, a decline of 72.5%.During the same period, other core on-chain metrics rose, with daily transaction count hitting an all-time high of 13.3 million on August 5, TVL reaching a record $433 million on August 6, and stablecoin supply peaking at $597 million. Meanwhile, total global DEX trading volume increased from $5.27 billion to $7.33 billion, while Robinhood Chain's share of global DEX trading volume fell from a peak of 16.65% to 4.32%. DEX trading volume per transaction dropped 74% from $105.56 on July 13 to $27.82 on August 4, before recovering to $39.07.
Senator Tim Scott stated that the U.S. Senate will hold a first vote on the Clarity for Digital Assets Market Act before the August recess, and the bill requires 60 votes to pass.
Odaily News: Bitcoin's BIP-110 will enter the enforcement phase after block 961,632, where nodes will reject blocks that do not signal support. Monitoring page data shows that among the 1,674 blocks counted in the current cycle, only 41 blocks support BIP-110, putting the miner signal support rate at 2.45%. BIP-110, officially named "Reduced Data Temporary Softfork," plans to tighten certain data rules in Bitcoin transactions within approximately one year, restricting the size of certain data elements used by Ordinals inscriptions and multiple token protocols. The proposal is primarily distributed through Bitcoin Knots, and Bitcoin Core has not adopted it. Major mining pools such as Foundry, Antpool, F2pool, and Viabtc have not issued support signals. If BIP-110 nodes execute as planned, the network could see two transaction histories, with the majority of miners and Bitcoin Core users expected to continue using the existing rules. Australian Bitcoin exchange Hardblock stated that BIP-110 activation is expected around August 7-8 and may temporarily suspend buying, selling, deposits, and withdrawals. Lightning Network tools and analytics provider Amboss has warned of a fork risk in early August, and Australian Bitcoin exchange Bitaroo plans to freeze deposits and withdrawals as the mandatory signaling deadline approaches.
: World Chain will launch full block access lists on mainnet on August 17, enabling the feature via a runtime flag without requiring a coordinated network-wide hard fork. The network stated that it will become the first production L2 network to stream EIP-7928 access list data within every flashblock. The feature transmits access list data every 200 milliseconds, allowing validators to verify transactions in parallel during block construction. World Chain stated that the upgrade aims to achieve throughput of up to 1 gigagas per second without raising validator hardware requirements. EIP-7928 is an Ethereum improvement proposal that introduces block-level access lists, used to record accounts and storage slots touched during block execution. World Chain's internal testing shows that validation latency remains stable when throughput rises to 1 gigagas per second on standard cloud infrastructure.