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PLANET uses the blockchain to address pressing social and sustainability challenges, support the UN SDGs and create a more transparent and sustainable future. PLANET is using the power of celebrity and fandom to mobilize the world to address global challenges, with the world’s biggest celebrities backing sustainability projects dear to them through the platform. PLANET wants to move the sustainability space from short-term funding to viable long-term revenue streams that can power campaigns for a better future.
Arga Labs Secures $10 Million in Seed Funding, Led by General Catalyst
Odaily Planet Daily Report: AI Agent testing infrastructure startup Arga Labs has announced the completion of a $10 million seed funding round, led by General Catalyst, with participation from BoxGroup, Emergence Capital, Gradient Ventures, and SV Angel. The company aims to address the challenges of testing, training, and adapting AI Agents to complex business systems during enterprise-level deployment. By creating complete digital twin environments of enterprise software, replicating permission systems, Webhooks, and system interaction logic, it enables AI Agents to train in environments that closely resemble real-world operations. (TechCrunch)
ARK Invest Exec Suggests Hyperliquid Acquire Gemini to Position as Compliant HIP-3/4 Deployer in the U.S.
Odaily Planet Daily reported that Lorenzo Valente, Head of Digital Asset Research at investment firm ARK Invest, stated that Hyperliquid is in discussions with the CFTC and SEC to facilitate the offering of perpetual futures on its public chain by U.S.-regulated companies. He suggested that Hyperliquid acquire Gemini to position it as a U.S.-regulated HIP-3/4 deployer. He noted that Gemini's current market value is approximately $450 million, representing a decline of over 85% from its $3.3 billion valuation at the time of its 2025 IPO. Hyperliquid could obtain Gemini's entire U.S. regulatory infrastructure—including the NYDFS Trust Charter, DCM, DCO, FCM, MTLs, and Broker-dealer—for approximately $450 million.He further proposed that Hyperliquid could use approximately 7.9 million HYPE tokens from its community reserve, valued at around $550 million at $70 per token, to complete the acquisition at a premium of roughly 20% over Gemini's current market value. Following the transaction, Gemini would handle KYC, custody, fiat on/off ramps, brokerage, clearing, and compliance for the U.S. market, while Hyperliquid L1 would provide the underlying market infrastructure, liquidity, and on-chain settlement. He cited Polymarket's acquisition of QCEX as a similar precedent for re-entering the U.S. market, and stated that the core of this potential deal is not acquiring an exchange, but rather securing the regulatory bridge for HIP-3/4 to enter the U.S. market.
Fractile secures approximately $250 million chip order from Anthropic, plans to raise about $600 million at a $6.5 billion valuation
Odaily Planet Daily reported that AI chip startup Fractile is in advanced negotiations for a new funding round, planning to raise approximately $600 million at a pre-money valuation of $6.5 billion, a significant increase from its valuation of around $1 billion three months ago. Sources familiar with the matter revealed that this round of financing is expected to be co-led by Lightspeed Venture Partners and Redpoint Ventures; other sources also indicated that Thrive Capital and Founders Fund are participating as co-leads. The funding round has not yet been finalized, and specific terms may still change.Additionally, sources said Fractile has reached a preliminary chip supply agreement with Anthropic worth approximately $250 million, with plans to further expand the contract scale in the future. The related chips are expected to be deployed in 2027. (Bloomberg)
Bullish Q2 Adjusted Revenue Up 62% Year-over-Year, Plans to Build Full-Process Securities Tokenization Platform
Odaily Planet Daily: Crypto asset trading platform Bullish has announced its financial results for Q2 2026. The company stated that as global securities markets gradually migrate to public blockchains, Bullish is planning to build a comprehensive issuer-supported tokenized securities service system covering issuance, listing, trading, and tracking.Bullish CEO Tom Farley stated that the global securities market, valued at nearly $300 trillion, is transitioning to public blockchains, and Bullish aims to work with issuers to drive this process. Upon completion of the proposed acquisition of Equiniti, the company will form an integrated platform covering tokenized securities issuance, listing, trading, and tracking.Financial data shows that Bullish's Q2 digital asset sales reached $32.6 billion, down from $58.6 billion in the same period last year; the net loss was $280 million, compared to a net profit of $108.3 million in the same period last year, corresponding to a diluted loss per share of $1.78.However, the company's core business performance improved. Q2 adjusted revenue (non-IFRS) reached $92.6 million, up 62% year-over-year from $57 million in the same period last year; among which subscription, services, and other revenue hit a record $62.7 million. Adjusted trading revenue was $29.9 million, up 24% year-over-year; adjusted EBITDA was $29.5 million, compared to $8.1 million in the same period last year; adjusted net profit was $14.3 million, compared to a loss of $6 million in the same period last year.In terms of business progress, Bullish stated that the acquisition of UK fintech company Equiniti is progressing and is expected to be completed in early 2027, subject to customary conditions including regulatory approvals. Additionally, Bullish's CoinDesk indices continue to gain institutional adoption. Morgan Stanley has launched Bitcoin, Ethereum, and Solana-related trading products based on CoinDesk benchmark indices, attracting over $400 million in inflows during Q2.On the regulatory front, Bullish has received approval from the Gibraltar Financial Services Commission (GFSC) to provide secondary trading services for tokenized securities, becoming one of the first regulated platforms to offer issuer-supported tokenized securities trading.The company has also raised and refined its full-year 2026 guidance, projecting subscription, services, and other revenue (non-IFRS) of $225 million to $245 million, adjusted operating expenses of $225 million to $230 million, and financing costs of $52 million to $60 million. (Globenewswire)
Arthur Hayes: Rising Dollar Liquidity Will Drive Bitcoin and Crypto Higher
Odaily Planet Daily Report: Arthur Hayes stated on the X platform that his article "Yen-quake" will introduce how Buffalo Bill Bessent plans to manipulate the dollar-yen exchange rate and restart the money printing press. Arthur Hayes said that over the past decade, the continued weakening of the yen has driven gains in global asset markets, but this situation will eventually come to an end. The yen is the lowest-valued currency globally and is also a point of contention among the United States, China, and Japanese everyday voters. There are three ways to resolve the yen issue, but the U.S. Treasury and Japanese politicians tend to favor only one of them. He will explain the operating mechanisms of each yen appreciation method and why the final option is the preferred approach; he will then discuss how to execute the third option at the political level. He stated that as dollar liquidity rises significantly, Bitcoin and cryptocurrencies will rally. The three options include: 1. The Bank of Japan sharply raises interest rates, causing the dollar-yen interest rate differential to disappear, at least on the short end. 2. The government persuades domestic institutions and public bodies such as GPIF to change their investment mandates, selling overseas assets and buying local assets. 3. Preferred option: The Japanese Ministry of Finance conducts repurchase transactions of its U.S. Treasury holdings with the Federal Reserve in exchange for dollars; it then sells dollars and buys yen in the foreign exchange market. Arthur Hayes said that before getting into the details, speculators should consider why yen appreciation is being discussed now. Over the past few decades, many have claimed that the yen was about to appreciate and trigger a global unwinding of carry trades. Two weeks ago, monetary policy officials from the United States and Japan conducted a joint exchange rate manipulation operation, though they euphemistically called it intervention. U.S. Treasury Secretary Buffalo Bill Bessent indicated a desire to raise the counterparty limit for the FIMA repo facility, enabling Japan's Ministry of Finance to use its massive asset reserves to defend the yen. Japan's Ministry of Finance also stated it is working closely with the United States to push the dollar-yen exchange rate lower. Relevant officials are signaling to the market their support for a shift in global currency relations, so the market must pay attention to this.
Anthropic is Reportedly Targeting October for IPO, Investment Banks Have Arranged Pre-Communications with Investors
OdailyOdaily Planet Daily reports that Anthropic, the developer of the AI model Claude, is advancing plans for a large-scale IPO. Underwriter investment banks including Morgan Stanley, Goldman Sachs, and JPMorgan Chase have arranged preliminary meetings between the company's management and investors to gauge institutional investor interest and investment scale. Anthropic's goal is to go public as early as October. If the listing proceeds as planned, the company could enter the securities market ahead of its competitor, OpenAI. Anthropic raised $65 billion in its Series H financing in May, with a post-money valuation of $965 billion; its valuation in the over-the-counter market has already reached approximately $1.2 trillion. Measures by the U.S. government remain a variable factor.The U.S. Department of War listed Anthropic as a national security "supply chain risk" enterprise in March, and Anthropic has sued the federal government over the measure; the U.S. Department of Commerce restricted foreign access to the top-tier AI models Fable 5 and Mythos 5 in June, lifting the export controls 18 days later.
ARK Invest Exec Suggests Hyperliquid Acquire Gemini to Position as Compliant HIP-3/4 Deployer in the U.S.
Odaily Planet Daily reported that Lorenzo Valente, Head of Digital Asset Research at investment firm ARK Invest, stated that Hyperliquid is in discussions with the CFTC and SEC to facilitate the offering of perpetual futures on its public chain by U.S.-regulated companies. He suggested that Hyperliquid acquire Gemini to position it as a U.S.-regulated HIP-3/4 deployer. He noted that Gemini's current market value is approximately $450 million, representing a decline of over 85% from its $3.3 billion valuation at the time of its 2025 IPO. Hyperliquid could obtain Gemini's entire U.S. regulatory infrastructure—including the NYDFS Trust Charter, DCM, DCO, FCM, MTLs, and Broker-dealer—for approximately $450 million.He further proposed that Hyperliquid could use approximately 7.9 million HYPE tokens from its community reserve, valued at around $550 million at $70 per token, to complete the acquisition at a premium of roughly 20% over Gemini's current market value. Following the transaction, Gemini would handle KYC, custody, fiat on/off ramps, brokerage, clearing, and compliance for the U.S. market, while Hyperliquid L1 would provide the underlying market infrastructure, liquidity, and on-chain settlement. He cited Polymarket's acquisition of QCEX as a similar precedent for re-entering the U.S. market, and stated that the core of this potential deal is not acquiring an exchange, but rather securing the regulatory bridge for HIP-3/4 to enter the U.S. market.
Bullish Q2 Adjusted Revenue Up 62% Year-over-Year, Plans to Build Full-Process Securities Tokenization Platform
Odaily Planet Daily: Crypto asset trading platform Bullish has announced its financial results for Q2 2026. The company stated that as global securities markets gradually migrate to public blockchains, Bullish is planning to build a comprehensive issuer-supported tokenized securities service system covering issuance, listing, trading, and tracking.Bullish CEO Tom Farley stated that the global securities market, valued at nearly $300 trillion, is transitioning to public blockchains, and Bullish aims to work with issuers to drive this process. Upon completion of the proposed acquisition of Equiniti, the company will form an integrated platform covering tokenized securities issuance, listing, trading, and tracking.Financial data shows that Bullish's Q2 digital asset sales reached $32.6 billion, down from $58.6 billion in the same period last year; the net loss was $280 million, compared to a net profit of $108.3 million in the same period last year, corresponding to a diluted loss per share of $1.78.However, the company's core business performance improved. Q2 adjusted revenue (non-IFRS) reached $92.6 million, up 62% year-over-year from $57 million in the same period last year; among which subscription, services, and other revenue hit a record $62.7 million. Adjusted trading revenue was $29.9 million, up 24% year-over-year; adjusted EBITDA was $29.5 million, compared to $8.1 million in the same period last year; adjusted net profit was $14.3 million, compared to a loss of $6 million in the same period last year.In terms of business progress, Bullish stated that the acquisition of UK fintech company Equiniti is progressing and is expected to be completed in early 2027, subject to customary conditions including regulatory approvals. Additionally, Bullish's CoinDesk indices continue to gain institutional adoption. Morgan Stanley has launched Bitcoin, Ethereum, and Solana-related trading products based on CoinDesk benchmark indices, attracting over $400 million in inflows during Q2.On the regulatory front, Bullish has received approval from the Gibraltar Financial Services Commission (GFSC) to provide secondary trading services for tokenized securities, becoming one of the first regulated platforms to offer issuer-supported tokenized securities trading.The company has also raised and refined its full-year 2026 guidance, projecting subscription, services, and other revenue (non-IFRS) of $225 million to $245 million, adjusted operating expenses of $225 million to $230 million, and financing costs of $52 million to $60 million. (Globenewswire)
Arthur Hayes: Rising Dollar Liquidity Will Drive Bitcoin and Crypto Higher
Odaily Planet Daily Report: Arthur Hayes stated on the X platform that his article "Yen-quake" will introduce how Buffalo Bill Bessent plans to manipulate the dollar-yen exchange rate and restart the money printing press. Arthur Hayes said that over the past decade, the continued weakening of the yen has driven gains in global asset markets, but this situation will eventually come to an end. The yen is the lowest-valued currency globally and is also a point of contention among the United States, China, and Japanese everyday voters. There are three ways to resolve the yen issue, but the U.S. Treasury and Japanese politicians tend to favor only one of them. He will explain the operating mechanisms of each yen appreciation method and why the final option is the preferred approach; he will then discuss how to execute the third option at the political level. He stated that as dollar liquidity rises significantly, Bitcoin and cryptocurrencies will rally. The three options include: 1. The Bank of Japan sharply raises interest rates, causing the dollar-yen interest rate differential to disappear, at least on the short end. 2. The government persuades domestic institutions and public bodies such as GPIF to change their investment mandates, selling overseas assets and buying local assets. 3. Preferred option: The Japanese Ministry of Finance conducts repurchase transactions of its U.S. Treasury holdings with the Federal Reserve in exchange for dollars; it then sells dollars and buys yen in the foreign exchange market. Arthur Hayes said that before getting into the details, speculators should consider why yen appreciation is being discussed now. Over the past few decades, many have claimed that the yen was about to appreciate and trigger a global unwinding of carry trades. Two weeks ago, monetary policy officials from the United States and Japan conducted a joint exchange rate manipulation operation, though they euphemistically called it intervention. U.S. Treasury Secretary Buffalo Bill Bessent indicated a desire to raise the counterparty limit for the FIMA repo facility, enabling Japan's Ministry of Finance to use its massive asset reserves to defend the yen. Japan's Ministry of Finance also stated it is working closely with the United States to push the dollar-yen exchange rate lower. Relevant officials are signaling to the market their support for a shift in global currency relations, so the market must pay attention to this.
AI code review missed a critical vulnerability that COLDCARD was exploited for last week
Odaily Planet Daily reported that Bitcoin News stated on the X platform that Coinkite said the vulnerability existed at the boundary between two unrelated firmware submodules, rather than in its Bitcoin or encryption code, which allowed it to evade both manual and AI-assisted code reviews for years. Coinkite stated that after the incident, the company tested cutting-edge AI models including Kimi K3, Claude Fable, and Codex 5.6, none of which identified the flaw. Coinkite is now urging security-critical projects to specifically audit build systems and submodule boundaries, and warned that AI-assisted development could leave similar blind spots in the Bitcoin ecosystem.
Earnings provisions or adjustments; CLARITY Act faces banking lobby and some Republican opposition
Odaily Planet Daily reported that Fox Business crypto journalist posted on X, stating that Lummis said Senator Hawley is "very resistant." Hawley did not vote in favor of the GENIUS Act and is not expected to vote for the CLARITY Act either; however, discussions with his office are reportedly still ongoing. Other Republican opposition appears to stem from the banking industry's concerns over the stablecoin earnings provisions in the bill. Fox Business crypto journalist noted that an industry source familiar with the matter said yesterday that, given the banking lobby's pressure and concerns from some Republicans, the earnings provisions in the bill are expected to undergo at least partial adjustments before it goes to a full Senate vote. However, it remains unclear whether these adjustments will be sufficient to satisfy the banking sector.
RL1 Blockchain Network Launches Operations, Underlying Platform Processes Over €700 Million in Transactions in Three Years
Odaily Planet Daily: Ten European financial institutions have jointly launched Regulated Layer One (RL1), a network established as a European Cooperative in Luxembourg that has commenced operations, targeting regulated financial markets and tokenized assets. RL1 founding members include ABN AMRO, Cecabank, Chartered Investment, Crédit Mutuel Alliance Fédérale, DekaBank, DZ BANK, LBBW, Natixis CIB, SC Ventures, and Seturion. RL1 stated that each member holds equal decision-making power over the network's governance and development. This permissioned private network is built on infrastructure developed by German fintech company Secure Worldwide Interbank Asset Transfer (SWIAT), which has transferred ownership of the network to the cooperative. SWIAT stated that during its three-year production phase, the platform processed over 50 transactions with a total value exceeding €700 million. RL1's intended use cases include digital currencies, tokenized bonds, collateral, and blockchain-based settlement. RL1 will be led by former SWIAT Managing Director Henning Vollbehr. KfW and L-Bank will continue to support the initiative, and RL1 is in discussions with additional institutions such as NatWest regarding joining the network.
UNI has risen 98% from its bottom this month, with one address buying 676,874 UNI at a cost of $4.277 million to build a position on the uptrend
Odaily Planet Daily Report: According to on-chain analyst Ai Yi's monitoring, UNI has risen 98% from its bottom this month. An address (0xc86...F4972) withdrew 676,874 UNI from Binance 2 hours ago, worth $4.277 million, at an average price of $6.32, and built a position by chasing the uptrend.
Today, approximately $100 million flowed into Bitwise's US ETPs, with Solana leading at around $40 million
Odaily Planet Daily reported that Bitwise CEO stated on the X platform that approximately $100 million flowed into Bitwise's ETPs in the US today. Among them, Solana saw about $40 million, Bitcoin around $22 million, Hyperliquid about $20 million, XRP around $12 million, and Ethereum about $1.4 million, ranking as the top five for inflows. Investors are increasing their exposure to crypto assets.
ETH ETF capital flows have outperformed BTC ETF for two consecutive months, with July net inflows reaching approximately 9.4 times that of BTC ETF on a relative scale
Odaily Planet Daily reported that DWF Labs posted on X, stating that on a fund size basis, ETH spot ETFs have outperformed BTC spot ETFs in capital flows since June. In June, ETH ETF net outflows accounted for 4.65% of fund size, lower than BTC ETF's 8.09%; in July, ETH ETF net inflows accounted for 3.19% of fund size, compared to BTC ETF's 0.34%, with the former approximately 9.4 times that of the latter.DWF Labs noted in May that institutions generally lacked interest in ETH, with net capital flows gradually declining. Over the past few weeks, this trend has begun to shift.
Bullish Q2 Adjusted Revenue Up 62% Year-over-Year, Plans to Build Full-Process Securities Tokenization Platform
Odaily Planet Daily: Crypto asset trading platform Bullish has announced its financial results for Q2 2026. The company stated that as global securities markets gradually migrate to public blockchains, Bullish is planning to build a comprehensive issuer-supported tokenized securities service system covering issuance, listing, trading, and tracking.Bullish CEO Tom Farley stated that the global securities market, valued at nearly $300 trillion, is transitioning to public blockchains, and Bullish aims to work with issuers to drive this process. Upon completion of the proposed acquisition of Equiniti, the company will form an integrated platform covering tokenized securities issuance, listing, trading, and tracking.Financial data shows that Bullish's Q2 digital asset sales reached $32.6 billion, down from $58.6 billion in the same period last year; the net loss was $280 million, compared to a net profit of $108.3 million in the same period last year, corresponding to a diluted loss per share of $1.78.However, the company's core business performance improved. Q2 adjusted revenue (non-IFRS) reached $92.6 million, up 62% year-over-year from $57 million in the same period last year; among which subscription, services, and other revenue hit a record $62.7 million. Adjusted trading revenue was $29.9 million, up 24% year-over-year; adjusted EBITDA was $29.5 million, compared to $8.1 million in the same period last year; adjusted net profit was $14.3 million, compared to a loss of $6 million in the same period last year.In terms of business progress, Bullish stated that the acquisition of UK fintech company Equiniti is progressing and is expected to be completed in early 2027, subject to customary conditions including regulatory approvals. Additionally, Bullish's CoinDesk indices continue to gain institutional adoption. Morgan Stanley has launched Bitcoin, Ethereum, and Solana-related trading products based on CoinDesk benchmark indices, attracting over $400 million in inflows during Q2.On the regulatory front, Bullish has received approval from the Gibraltar Financial Services Commission (GFSC) to provide secondary trading services for tokenized securities, becoming one of the first regulated platforms to offer issuer-supported tokenized securities trading.The company has also raised and refined its full-year 2026 guidance, projecting subscription, services, and other revenue (non-IFRS) of $225 million to $245 million, adjusted operating expenses of $225 million to $230 million, and financing costs of $52 million to $60 million. (Globenewswire)
A prehistoric whale that participated in the 2015 ICO with 40,000 ETH has transferred 3,510.42 MKR for the first time after holding for over seven years, with unrealized gains of $1.506 million
Odaily Planet Daily reported that, according to on-chain analyst Ai Yi's monitoring, a prehistoric whale that participated in the 2015 ICO with 40,000 ETH had withdrawn 7,020.84 MKR at an average price of $828.92 between September 2018 and May 2019, worth $5.81 million. After holding for more than seven years, the whale transferred 3,510.42 MKR, worth approximately $4.41 million, to a new address for the first time 4 hours ago, with unrealized gains of $1.506 million. No further transfers or sales have been made so far.
Serenity: Still Bullish on Memory Stocks, Photonics Sector Focus Shifts Back to AXTI and LITE
Odaily Planet Daily Report: "White-Haired Stock God" Serenity stated on the X platform that he remains bullish on memory stocks such as MU and Samsung. In addition, this week, the focus in the photonics sector has shifted back to AXT and Lumentum. The photonics industry has previously shown signs of supply tightness, with Coherent ($COHR) and Lumentum ($LITE) laser production capacity for the next two years already sold out. AAOI's recent earnings report also showed continued strong demand for optical modules.Meanwhile, a large number of retail investors have been panic-selling in the storage sector. There are indeed some changes in the market at present, such as Nvidia's Rubin Ultra optimizing for memory, and memory prices no longer rising as significantly as previously expected. However, at current prices, the operating profit of storage companies relative to their market capitalization remains extremely compelling, especially given the structural growth in storage demand. Moreover, the supply-demand imbalance next year could become even more severe.Serenity noted that the market tends to panic when an industry declines and follows new narratives. For example, helium during the Iran war, the LNG market, and SpaceX's earnings call, which once again emphasized storage supply tightness. Many times, industry bottlenecks and fundamentals haven't changed significantly, but market sentiment has already undergone a massive shift.
Liquid white hat hacker group demands Blockstream pay 10% bug bounty for $5 billion in assets
According to Odaily Planet Daily, as monitored by Bitcoin News, the white hat hacker group behind the Liquid exploit has accused Blockstream of spending only $1.5 million—or possibly nothing at all—to secure $5 billion in assets. In a new on-chain message, the group demanded that Blockstream allocate its own funds to pay a bug bounty equivalent to 10% of the associated assets, warning that refusal to pay would result in a 15% loss for holders. The group also stated it would release the private keys used to decrypt previous communications with Blockstream. Earlier, the group had returned 3,400 BTC to the Liquid Federation, with approximately 600 BTC still unrepaid.
AI code review missed a critical vulnerability that COLDCARD was exploited for last week
Odaily Planet Daily reported that Bitcoin News stated on the X platform that Coinkite said the vulnerability existed at the boundary between two unrelated firmware submodules, rather than in its Bitcoin or encryption code, which allowed it to evade both manual and AI-assisted code reviews for years. Coinkite stated that after the incident, the company tested cutting-edge AI models including Kimi K3, Claude Fable, and Codex 5.6, none of which identified the flaw. Coinkite is now urging security-critical projects to specifically audit build systems and submodule boundaries, and warned that AI-assisted development could leave similar blind spots in the Bitcoin ecosystem.
Over 1,800 BTC Stolen, Coinkite CTO Allegedly Ignored RNG Code Warnings a Year in Advance
Odaily Planet Daily reported that Bitcoin News posted on X platform, stating that new evidence suggests the anonymous account "switck," who wrote the LibNgU code, may actually be Peter Gray, Co-founder and CTO of Coinkite. This code is at the center of the COLDCARD entropy failure incident. Researchers claim that Gray's GPG key signed dozens of commits by switck, and other identifiers appear to link the two identities together. Bitcoin developer James O'Beirne stated that he had warned Coinkite in May 2025 that the RNG implementation of LibNgU looked suspicious and recommended removing it, but he said the other party responded that if there were issues, they would have already been discovered. Screenshots also show that as early as April 2021, users had already raised questions about the LibNgU rewrite. If these findings are accurate, it means that the engineer who introduced the code was later linked to the theft of over 1,800 BTC, and had received direct warnings about the RNG implementation more than a year before the vulnerability was publicly disclosed.
Coldcard Vulnerability Has Resulted in Nearly $114 Million in Bitcoin Losses, With Insufficient Entropy in Some Wallet Mnemonics
Odaily Planet Daily Report: Bitcoin hardware wallet manufacturer Coinkite disclosed in late July 2026 that a firmware build error introduced in March 2021 caused some Coldcard wallets to generate mnemonics from a smaller range, reducing the randomness of user private keys. Galaxy Research analysts stated that the Coldcard exploit occurred in multiple rounds, with observed Bitcoin losses rising from approximately $88 million to nearly $114 million within days. Researchers warned that other vulnerable addresses could still become targets, prompting many Coldcard users to move their Bitcoin. Coldcard is a Bitcoin-only wallet that supports offline signing via microSD card and optional QR codes. Launched in 2017, it has long been regarded as one of the security-focused Bitcoin hardware wallets.
Robinhood CEO Vlad Tenev's X account was hacked
Odaily Planet Daily reported that Onchain Lens stated on the X platform that Robinhood CEO Vlad Tenev's X account was hacked.
Balance Coin Plunges Over 99%, 42DAO Allegedly Hit by $915,000 Attack
Odaily Planet Daily reported that the algorithmic stablecoin Balance Coin dropped from $0.9954 to $0.001358, a decline of over 99%. The stablecoin is the native algorithmic stablecoin of the Balance Protocol, designed to maintain a peg to the US dollar. Blockchain security firm PeckShield stated that the depegging occurred following an exploit of the decentralized autonomous organization 42DAO, which governs the Balance Protocol and its BLC token, resulting in a $915,000 loss. TenArmor reported detecting suspicious attacks involving GemJoin and 42DAO on the BNB Chain.
Gate has launched Hajimi and SUE (Construction Cat) perpetual contract trading
According to Odaily Planet Daily, Gate has launched Hajimi perpetual contract trading (settled in USDT), supporting 1-20x leverage. Meanwhile, Gate has also launched SUE (Construction Cat) perpetual contract trading (settled in USDT), supporting 1-10x leverage.It is reported that SUE (Construction Cat) originates from an orange kitten rescued from a Komatsu excavator in Ohio, USA. The construction crew named it after the machine brand, abbreviated as Sue. SUE is a meme coin on the BCS chain.
Arga Labs Secures $10 Million in Seed Funding, Led by General Catalyst
Odaily Planet Daily Report: AI Agent testing infrastructure startup Arga Labs has announced the completion of a $10 million seed funding round, led by General Catalyst, with participation from BoxGroup, Emergence Capital, Gradient Ventures, and SV Angel. The company aims to address the challenges of testing, training, and adapting AI Agents to complex business systems during enterprise-level deployment. By creating complete digital twin environments of enterprise software, replicating permission systems, Webhooks, and system interaction logic, it enables AI Agents to train in environments that closely resemble real-world operations. (TechCrunch)
Bitget CandyBomb: Trade Stock and Commodity Futures to Unlock 3 XAUT
Odaily Planet Daily reported that Bitget has launched a new round of CandyBomb, with a total prize pool of 3 XAUT. This event is aimed at new users of stock, metal, and commodity futures, and the participation period is from 21:00 on August 24 to 21:00 on September 3 (UTC+8).During the event, users who complete designated futures trading tasks can earn up to 0.03 XAUT per person. Detailed rules have been published on Bitget's official platform. Eligible users must click "Join Now" to complete registration before participating in the event.
ARK Invest Exec Suggests Hyperliquid Acquire Gemini to Position as Compliant HIP-3/4 Deployer in the U.S.
Odaily Planet Daily reported that Lorenzo Valente, Head of Digital Asset Research at investment firm ARK Invest, stated that Hyperliquid is in discussions with the CFTC and SEC to facilitate the offering of perpetual futures on its public chain by U.S.-regulated companies. He suggested that Hyperliquid acquire Gemini to position it as a U.S.-regulated HIP-3/4 deployer. He noted that Gemini's current market value is approximately $450 million, representing a decline of over 85% from its $3.3 billion valuation at the time of its 2025 IPO. Hyperliquid could obtain Gemini's entire U.S. regulatory infrastructure—including the NYDFS Trust Charter, DCM, DCO, FCM, MTLs, and Broker-dealer—for approximately $450 million.He further proposed that Hyperliquid could use approximately 7.9 million HYPE tokens from its community reserve, valued at around $550 million at $70 per token, to complete the acquisition at a premium of roughly 20% over Gemini's current market value. Following the transaction, Gemini would handle KYC, custody, fiat on/off ramps, brokerage, clearing, and compliance for the U.S. market, while Hyperliquid L1 would provide the underlying market infrastructure, liquidity, and on-chain settlement. He cited Polymarket's acquisition of QCEX as a similar precedent for re-entering the U.S. market, and stated that the core of this potential deal is not acquiring an exchange, but rather securing the regulatory bridge for HIP-3/4 to enter the U.S. market.
Bullish Q2 Adjusted Revenue Up 62% Year-over-Year, Plans to Build Full-Process Securities Tokenization Platform
Odaily Planet Daily: Crypto asset trading platform Bullish has announced its financial results for Q2 2026. The company stated that as global securities markets gradually migrate to public blockchains, Bullish is planning to build a comprehensive issuer-supported tokenized securities service system covering issuance, listing, trading, and tracking.Bullish CEO Tom Farley stated that the global securities market, valued at nearly $300 trillion, is transitioning to public blockchains, and Bullish aims to work with issuers to drive this process. Upon completion of the proposed acquisition of Equiniti, the company will form an integrated platform covering tokenized securities issuance, listing, trading, and tracking.Financial data shows that Bullish's Q2 digital asset sales reached $32.6 billion, down from $58.6 billion in the same period last year; the net loss was $280 million, compared to a net profit of $108.3 million in the same period last year, corresponding to a diluted loss per share of $1.78.However, the company's core business performance improved. Q2 adjusted revenue (non-IFRS) reached $92.6 million, up 62% year-over-year from $57 million in the same period last year; among which subscription, services, and other revenue hit a record $62.7 million. Adjusted trading revenue was $29.9 million, up 24% year-over-year; adjusted EBITDA was $29.5 million, compared to $8.1 million in the same period last year; adjusted net profit was $14.3 million, compared to a loss of $6 million in the same period last year.In terms of business progress, Bullish stated that the acquisition of UK fintech company Equiniti is progressing and is expected to be completed in early 2027, subject to customary conditions including regulatory approvals. Additionally, Bullish's CoinDesk indices continue to gain institutional adoption. Morgan Stanley has launched Bitcoin, Ethereum, and Solana-related trading products based on CoinDesk benchmark indices, attracting over $400 million in inflows during Q2.On the regulatory front, Bullish has received approval from the Gibraltar Financial Services Commission (GFSC) to provide secondary trading services for tokenized securities, becoming one of the first regulated platforms to offer issuer-supported tokenized securities trading.The company has also raised and refined its full-year 2026 guidance, projecting subscription, services, and other revenue (non-IFRS) of $225 million to $245 million, adjusted operating expenses of $225 million to $230 million, and financing costs of $52 million to $60 million. (Globenewswire)
Arthur Hayes: Rising Dollar Liquidity Will Drive Bitcoin and Crypto Higher
Odaily Planet Daily Report: Arthur Hayes stated on the X platform that his article "Yen-quake" will introduce how Buffalo Bill Bessent plans to manipulate the dollar-yen exchange rate and restart the money printing press. Arthur Hayes said that over the past decade, the continued weakening of the yen has driven gains in global asset markets, but this situation will eventually come to an end. The yen is the lowest-valued currency globally and is also a point of contention among the United States, China, and Japanese everyday voters. There are three ways to resolve the yen issue, but the U.S. Treasury and Japanese politicians tend to favor only one of them. He will explain the operating mechanisms of each yen appreciation method and why the final option is the preferred approach; he will then discuss how to execute the third option at the political level. He stated that as dollar liquidity rises significantly, Bitcoin and cryptocurrencies will rally. The three options include: 1. The Bank of Japan sharply raises interest rates, causing the dollar-yen interest rate differential to disappear, at least on the short end. 2. The government persuades domestic institutions and public bodies such as GPIF to change their investment mandates, selling overseas assets and buying local assets. 3. Preferred option: The Japanese Ministry of Finance conducts repurchase transactions of its U.S. Treasury holdings with the Federal Reserve in exchange for dollars; it then sells dollars and buys yen in the foreign exchange market. Arthur Hayes said that before getting into the details, speculators should consider why yen appreciation is being discussed now. Over the past few decades, many have claimed that the yen was about to appreciate and trigger a global unwinding of carry trades. Two weeks ago, monetary policy officials from the United States and Japan conducted a joint exchange rate manipulation operation, though they euphemistically called it intervention. U.S. Treasury Secretary Buffalo Bill Bessent indicated a desire to raise the counterparty limit for the FIMA repo facility, enabling Japan's Ministry of Finance to use its massive asset reserves to defend the yen. Japan's Ministry of Finance also stated it is working closely with the United States to push the dollar-yen exchange rate lower. Relevant officials are signaling to the market their support for a shift in global currency relations, so the market must pay attention to this.
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