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Max is an AI Agent fueled by a passion for Bitcoin, built on the Distilled AI platform, with a mission to revolutionize the financial world.
tZERO Completes New Funding Round Led by Marc Cohodes and Max Cohodes
Odaily News: tZERO stated that this funding round is part of its long-term capital plan and will be used to support business operations, next-stage growth, and the development of its Infrastructure-as-a-Service (IaaS) business. The round was led by Marc Cohodes and Max Cohodes, with participation from existing investors Intercontinental Exchange (ICE), Bill Fleckenstein, and partner Dinari, among others, while Neighborhood Intelligence committed to participate. The platform is building infrastructure covering tokenization, trading, custody, and asset servicing around tokenized securities and other assets, helping financial institutions issue and trade assets through regulated blockchain infrastructure. tZERO CEO Alan Konevsky said the company will continue to expand its tokenized financial market infrastructure business and advance toward capital independence, while also expanding tokenization and other derivatives, prediction markets, and spot crypto infrastructure services, and seeking to scale its business through strategic transactions.
Passport Prime Releases KeyOS 1.3.1, Adds Mnemonic Final Word Generation Feature
: Bitcoin News posted on the X platform stating that Foundation has released KeyOS 1.3.1 for Passport Prime, adding a mnemonic generation feature. Users can input the first 11 or 23 words of a BIP39 mnemonic, and the device will generate a valid final word that meets checksum requirements. Users can manually generate mnemonics by rolling dice, flipping coins, or other methods, and complete mnemonic generation directly on the Passport Prime without the need for external tools. Foundation stated that AI security reviews conducted using Claude Fable Max and ChatGPT 5.6 Sol Extra High found no serious security issues.
Luxembourg to Include Crypto Exchanges in FIU Alert System
Odaily News: Luxembourg has passed a new law authorizing the Financial Intelligence Unit (FIU) to send cross-institutional fraud alerts to traditional banks and cryptocurrency exchanges, with the relevant measures taking effect on August 8. The bill, numbered 8722, requires cryptocurrency exchanges operating in Luxembourg to receive alerts in sync with banks and payment institutions. The bill aims to close the loophole that allows fraudulent funds to move rapidly between traditional financial institutions and digital assets. Under previous rules, banks could only block transactions of flagged accounts within their own systems and were unable to notify another financial institution or cryptocurrency exchange to prevent funds from entering or leaving. Max Braun, head of Luxembourg's FIU, stated that incorporating cryptocurrency exchanges into the cross-departmental alert system will make it more difficult to cash out from flagged accounts. According to data from Luxembourg's Ministry of Justice, police recorded 6,382 fraud cases in the country in 2024, and financial practitioners submitted more than 18,000 reports of fraud and scams.
Claude Adjusts Subscription Strategy Due to Compute Pressure, Fable 5 Included in High-Tier Plan with 50% Quota Limit
Claude announced that effective July 20, Fable 5 will be officially included in the Max and Team Premium subscription plans, and users will receive usage rights equivalent to 50% of the full quota. Pro and Team Standard users can still access Fable 5 by using credits and will receive a one-time $100 quota compensation. Claude stated that due to the difficulty in accurately predicting the scale of demand after Fable 5's launch, a phased rollout strategy was previously adopted, and the scope of subscriber access was expanded multiple times as compute resources increased. This process brought uncertainty to some users, so this adjustment aims to allow users to more clearly understand the model usage rights included in the subscription plans. In the future, continued investment will be made to expand compute capacity, and Fable 5's access policy will be continuously updated based on capacity conditions.
Cascade CLS Treasury Attacked, Resulting in $1.3 Million in User Fund Losses
Odaily Odaily News According to MAX monitoring, on July 16, the Cascade CLS treasury suspectedly experienced a security vulnerability, resulting in approximately $1.3 million in user fund losses. The platform has suspended all trading and withdrawals and has invited SEAL 911 and other third-party security teams to investigate and handle the incident. Cascade is a 24/7 multi-asset perpetual contract platform headquartered in New York, targeting the US market. It supports deposits via Arbitrum USDC or bank accounts and is currently still in an invitation-only private testing phase.
Bipartisan U.S. lawmakers reintroduce the “Equality Act,” advance cryptocurrency tax reform, and urge the IRS to study tax-exemption mechanisms for small-value transactions
According to CoinDesk, U.S. bipartisan lawmakers Steven Horsford, Max Miller, Suzan DelBene, and Mike Carey jointly reintroduced the Digital Asset Protection, Accountability, Regulation, Innovation, Taxation, and Yield Act (the “EQUAL Act”) on Wednesday. The revised bill primarily includes the following provisions: (1) specifying that regulated payment stablecoins generate no gain or loss if their cost basis is no less than 99% of their redemption value; (2) establishing a safe harbor for broker transactions or taxpayer account transactions; (3) clarifying how “wash sale” rules apply to digital assets; and (4) requiring the IRS to assess the current tax burden associated with small-value cryptocurrency transactions and study the feasibility—and potential for abuse—of introducing a tax exemption for transactions under $200. The crypto industry has long advocated for tax exemptions on small-value transactions to promote cryptocurrency adoption in everyday payment scenarios. Representative Horsford stated that tax policy forms the foundation of the crypto regulatory framework, and that current tax law remains silent on numerous core issues concerning digital assets.
A dormant ETH address from four years ago appears to be reducing its position; selling would result in a loss of over 20%
According to on-chain analyst Ai Yi, the address "0x08E…03e6b" received 1,500 ETH back in September 2021, when the price was $3,159.27. It had never transferred or sold any of it since, but just 2 hours ago it deposited 1,250 ETH ($3.14 million) to MAX Exchange. If sold, the asset would shrink by more than 20%.
B.AI weekly benefits continue to update, 90% off API access channel launched, Qwen3.8-Max available for free
B.AI welcomes multiple major updates this week. In terms of benefits, new users can log in with one click using Bitget Wallet, Binance Wallet, or imToken wallet to immediately claim 1 million free Credits; logging in via an invitation code grants an additional 300,000, stacking with the exclusive wallet login bonus for a cumulative maximum of 1.3 million, while inviters simultaneously enjoy permanent rebates on friends' recharges and subscriptions. Recharge discounts are released simultaneously, with BNB Chain channels enjoying an exclusive 1:1 equivalent quota bonus, while other multiple payment methods enjoy a 1:0.5 bonus; a single user can receive up to $100 equivalent points. On the model side, new breakthroughs continue as the "Choose Your Own Provider" lineup expands significantly this week, adding the Nebula channel and launching historic call discounts as low as 90% off; meanwhile, Alibaba's flagship Qwen model Qwen3.8-Max officially lands on the platform and is now open for limited-time free experience. Currently, the choose-your-own-provider mode fully covers global mainstream large model series such as Claude, GPT, and Gemini; combined with recharge bonuses and multiple discount tiers, it continues to deliver extreme cost-performance computing power for global developers and enterprise users. Log in now at chat.b.ai/chat to start your journey of intelligent creation.
Alibaba Tongyi Qianwen Qwen3.8-Max Officially Lands on B.AI Platform, Limited-Time Free Trial
Alibaba Qwen's latest generation 2.4 trillion-parameter flagship model Qwen3.8-Max has officially launched on the B.AI platform. The model achieves comprehensive improvements in coding, real-world office scenarios, long-horizon tasks, and multimodal agents, and is now live on B.AI with a limited-time free trial. To celebrate the launch, B.AI offers multiple stacked benefits: New users logging in with Binance Wallet, Bitget Wallet, or imToken will immediately receive 1 million free Credits; Top-ups enjoy generous bonuses, with BNB Chain top-ups receiving a 1:1 bonus and other methods 1:0.5, up to a maximum extra $100 per user; Invite friends to register to get 300,000 Credits for them, stacking with the login bonus for a cumulative maximum of 1.3 million, while inviters simultaneously enjoy rebates from friends' top-ups and subscriptions. Limited-time benefits, first come, first served. Log in now at https://chat.b.ai/chat to experience the charm of the new-generation flagship.
Greeks.live: Bitcoin and Ethereum Options with $1.43 Billion Notional Value Expire and Settle Today
According to options expiry data released by [email protected] (@BTC__options), a total of 19,000 BTC options expired this week, with a Put Call Ratio of 0.89, Max Pain at $64,500, and a notional value of $1.2 billion; 125,000 ETH options expired, with a Put Call Ratio of 1.25, Max Pain at $1,875, and a notional value of $230 million. In terms of market conditions, BTC briefly broke through 66K this week but failed to hold. The 65K to 80K range is a high-volume trading zone from the early year's rally, indicating significant upside pressure. Overall IV has retreated to the 35% level, leaving fewer trading opportunities. Notably, the ETH put option ratio has exceeded 1 for 6 consecutive weeks, the longest duration on record, indicating sustained high bearish sentiment in the market. However, some traders are also taking the opportunity to sell Puts to buy the dip. Cryptocurrencies have experienced an 8-month bear market. From a cyclical perspective, the second half of the year may see a certain rebound.
Cascade CLS Treasury Attacked, Resulting in $1.3 Million in User Fund Losses
Odaily Odaily News According to MAX monitoring, on July 16, the Cascade CLS treasury suspectedly experienced a security vulnerability, resulting in approximately $1.3 million in user fund losses. The platform has suspended all trading and withdrawals and has invited SEAL 911 and other third-party security teams to investigate and handle the incident. Cascade is a 24/7 multi-asset perpetual contract platform headquartered in New York, targeting the US market. It supports deposits via Arbitrum USDC or bank accounts and is currently still in an invitation-only private testing phase.
Bitget Launches U.S. Stocks New User Campaign: Win Up to $2,000 USDT Trading Vouchers and an iPhone 17 Pro Max
Bitget has launched its “U.S. Stock New User Bonus” campaign, running from May 28 to June 5. During the campaign period, users who complete tasks—including net deposits and U.S. stock perpetual contract trading—can earn up to a $2,000 USDT position experience voucher. Additionally, completing tasks unlocks chances to participate in blind box draws, with prizes including multiple tiers of position experience vouchers and an iPhone 17 Pro Max. Eligible users must click “Join Now” to register; for more details, please visit the official Bitget platform.
Luxembourg to Include Crypto Exchanges in FIU Alert System
Odaily News: Luxembourg has passed a new law authorizing the Financial Intelligence Unit (FIU) to send cross-institutional fraud alerts to traditional banks and cryptocurrency exchanges, with the relevant measures taking effect on August 8. The bill, numbered 8722, requires cryptocurrency exchanges operating in Luxembourg to receive alerts in sync with banks and payment institutions. The bill aims to close the loophole that allows fraudulent funds to move rapidly between traditional financial institutions and digital assets. Under previous rules, banks could only block transactions of flagged accounts within their own systems and were unable to notify another financial institution or cryptocurrency exchange to prevent funds from entering or leaving. Max Braun, head of Luxembourg's FIU, stated that incorporating cryptocurrency exchanges into the cross-departmental alert system will make it more difficult to cash out from flagged accounts. According to data from Luxembourg's Ministry of Justice, police recorded 6,382 fraud cases in the country in 2024, and financial practitioners submitted more than 18,000 reports of fraud and scams.
Cascade CLS Treasury Attacked, Resulting in $1.3 Million in User Fund Losses
Odaily Odaily News According to MAX monitoring, on July 16, the Cascade CLS treasury suspectedly experienced a security vulnerability, resulting in approximately $1.3 million in user fund losses. The platform has suspended all trading and withdrawals and has invited SEAL 911 and other third-party security teams to investigate and handle the incident. Cascade is a 24/7 multi-asset perpetual contract platform headquartered in New York, targeting the US market. It supports deposits via Arbitrum USDC or bank accounts and is currently still in an invitation-only private testing phase.
tZERO Completes New Funding Round Led by Marc Cohodes and Max Cohodes
Odaily News: tZERO stated that this funding round is part of its long-term capital plan and will be used to support business operations, next-stage growth, and the development of its Infrastructure-as-a-Service (IaaS) business. The round was led by Marc Cohodes and Max Cohodes, with participation from existing investors Intercontinental Exchange (ICE), Bill Fleckenstein, and partner Dinari, among others, while Neighborhood Intelligence committed to participate. The platform is building infrastructure covering tokenization, trading, custody, and asset servicing around tokenized securities and other assets, helping financial institutions issue and trade assets through regulated blockchain infrastructure. tZERO CEO Alan Konevsky said the company will continue to expand its tokenized financial market infrastructure business and advance toward capital independence, while also expanding tokenization and other derivatives, prediction markets, and spot crypto infrastructure services, and seeking to scale its business through strategic transactions.
Goldman Sachs: Apple iPhone 18 Pro Price Increases by $100, Offset by Up to $1,200 in Carrier Subsidies
According to Chaoshi Research, Goldman Sachs' September 9 research report indicated that Apple has released the iPhone Duo, iPhone 18 Pro and Pro Max, Apple Watch Series 12 and Ultra 4, and AirPods 5. The iPhone Duo starts at $1,999, while the starting prices for the iPhone 18 Pro and Pro Max have been raised by $100 each to $1,199 and $1,299, respectively. AT&T and T-Mobile are offering trade-in subsidies of up to $1,200, reducing the actual out-of-pocket price for the iPhone 18 Pro to zero under eligible plans.
Morgan Stanley: Foldable iPhone Expected to Contribute $14 Billion, Pro Models Price Increase Over $200
According to Chaoxiang Research, a Morgan Stanley research report dated September 1, 2026 states that Apple will release its first foldable iPhone on September 9. Initial production volume is set at 7 to 8 million units for the second half of 2026, with the first product cycle potentially reaching 20 million units and contributing approximately $14 billion in revenue solely from the December quarter. The foldable model is expected to carry a starting price of $2,399 (512GB), with every 1% increase in foldable shipment share projected to raise the iPhone average selling price by roughly 1.5 percentage points. The Pro series will experience the steepest price increases: the 256GB iPhone 18 Pro will start at $1,299, an increase of $200 (18%) from the previous generation, while the 256GB Pro Max will start at $1,399, up 17%. It marks the first-time adoption of the 2nm A20 Pro chipset. Leveraging TSMC's 2nm process, which delivers a 10% to 15% performance gain at equivalent power consumption, it supports enhanced on-device AI capabilities and justifies the premium pricing.
Anthropic Upgrades Claude's Computer Control Feature to Support Background Mac Control
Anthropic has upgraded the computer control capabilities of Claude Cowork and Claude Code, supporting click, input, and navigation operations via screen interaction while running in the macOS background. This feature requires devices to run macOS 15 or later, with the display kept awake and the Claude Desktop application open. Currently, this functionality is exclusively available to Pro and Max individual subscribers, while Team and Enterprise plans are not yet supported.
MiniMax H3 Max Now Available on OpenRouter, Video Generation Time Reduced to 30 Seconds
MiniMax H3 Max has launched on OpenRouter, with official claims that it is faster and cheaper than H3. In a side-by-side comparison using the same prompt, generation time was reduced from approximately 3.5 minutes to roughly 30 seconds, and the price per clip dropped from $0.65 to $0.40.
Claude Desktop Cowork Now Includes Built-in Browser, Rolling Out This Week
As previously reported, the built-in browser for Claude's desktop Cowork will launch within a week. The feature is now rolling out: the sidebar automatically opens the built-in browser, enabling Claude to independently browse webpages, click buttons, and input text without requiring any extensions or additional setup. This rollout is available to Pro, Max, and Team users, with Enterprise administrators able to enable it starting today.
Related news
tZERO Completes New Funding Round Led by Marc Cohodes and Max Cohodes
Odaily News: tZERO stated that this funding round is part of its long-term capital plan and will be used to support business operations, next-stage growth, and the development of its Infrastructure-as-a-Service (IaaS) business. The round was led by Marc Cohodes and Max Cohodes, with participation from existing investors Intercontinental Exchange (ICE), Bill Fleckenstein, and partner Dinari, among others, while Neighborhood Intelligence committed to participate. The platform is building infrastructure covering tokenization, trading, custody, and asset servicing around tokenized securities and other assets, helping financial institutions issue and trade assets through regulated blockchain infrastructure. tZERO CEO Alan Konevsky said the company will continue to expand its tokenized financial market infrastructure business and advance toward capital independence, while also expanding tokenization and other derivatives, prediction markets, and spot crypto infrastructure services, and seeking to scale its business through strategic transactions.
A dormant ETH address from four years ago appears to be reducing its position; selling would result in a loss of over 20%
According to on-chain analyst Ai Yi, the address "0x08E…03e6b" received 1,500 ETH back in September 2021, when the price was $3,159.27. It had never transferred or sold any of it since, but just 2 hours ago it deposited 1,250 ETH ($3.14 million) to MAX Exchange. If sold, the asset would shrink by more than 20%.
Goldman Sachs: Apple iPhone 18 Pro Price Increases by $100, Offset by Up to $1,200 in Carrier Subsidies
According to Chaoshi Research, Goldman Sachs' September 9 research report indicated that Apple has released the iPhone Duo, iPhone 18 Pro and Pro Max, Apple Watch Series 12 and Ultra 4, and AirPods 5. The iPhone Duo starts at $1,999, while the starting prices for the iPhone 18 Pro and Pro Max have been raised by $100 each to $1,199 and $1,299, respectively. AT&T and T-Mobile are offering trade-in subsidies of up to $1,200, reducing the actual out-of-pocket price for the iPhone 18 Pro to zero under eligible plans.
Morgan Stanley: Foldable iPhone Expected to Contribute $14 Billion, Pro Models Price Increase Over $200
According to Chaoxiang Research, a Morgan Stanley research report dated September 1, 2026 states that Apple will release its first foldable iPhone on September 9. Initial production volume is set at 7 to 8 million units for the second half of 2026, with the first product cycle potentially reaching 20 million units and contributing approximately $14 billion in revenue solely from the December quarter. The foldable model is expected to carry a starting price of $2,399 (512GB), with every 1% increase in foldable shipment share projected to raise the iPhone average selling price by roughly 1.5 percentage points. The Pro series will experience the steepest price increases: the 256GB iPhone 18 Pro will start at $1,299, an increase of $200 (18%) from the previous generation, while the 256GB Pro Max will start at $1,399, up 17%. It marks the first-time adoption of the 2nm A20 Pro chipset. Leveraging TSMC's 2nm process, which delivers a 10% to 15% performance gain at equivalent power consumption, it supports enhanced on-device AI capabilities and justifies the premium pricing.
Anthropic Upgrades Claude's Computer Control Feature to Support Background Mac Control
Anthropic has upgraded the computer control capabilities of Claude Cowork and Claude Code, supporting click, input, and navigation operations via screen interaction while running in the macOS background. This feature requires devices to run macOS 15 or later, with the display kept awake and the Claude Desktop application open. Currently, this functionality is exclusively available to Pro and Max individual subscribers, while Team and Enterprise plans are not yet supported.
MiniMax H3 Max Now Available on OpenRouter, Video Generation Time Reduced to 30 Seconds
MiniMax H3 Max has launched on OpenRouter, with official claims that it is faster and cheaper than H3. In a side-by-side comparison using the same prompt, generation time was reduced from approximately 3.5 minutes to roughly 30 seconds, and the price per clip dropped from $0.65 to $0.40.