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According to TechCrunch, OpenAI is fighting back against Apple's lawsuit regarding the leak of trade secrets, stating that Apple itself has vulnerabilities in its information security management and employee departure processes, and cannot prove that the relevant information is protected trade secrets.Apple previously accused OpenAI of obtaining hardware-related secrets through former employees who left Apple and requested the court to expedite the evidence investigation. In the latest legal documents submitted, OpenAI stated that Apple allows employees to use personal iCloud accounts to handle work materials and did not promptly revoke access after employees left. OpenAI claimed that Apple did not specify the exact trade secrets that were allegedly stolen, but only referred generally to information such as product development processes, supply chains, and testing.OpenAI believes that Apple's lawsuit is more about restricting its development in the AI hardware field and denies that the company needs or uses Apple's trade secrets. The focus of the dispute between the two parties centers on employee mobility, intellectual property protection, and competition in the AI hardware sector.

According to Lookonchain monitoring, the net inflow of Bitcoin ETFs in the United States today is 3,781 BTC, valued at $243 million; the net inflow over the past 7 days is 9,034 BTC, valued at $582 million.The net inflow of Ethereum ETFs is 27,700 ETH, valued at $5.29 million; the net inflow over the past 7 days is 40,600 ETH, valued at $77.37 million.

According to Gate's latest weekly report, the Federal Reserve maintained interest rates, but hawkish expectations have risen. The high interest rate environment combined with the deleveraging effects of derivatives has put overall pressure on the crypto market, with BTC and ETH dropping approximately 2.8% and 3.6%, respectively. Meanwhile, U.S. stocks continued to recover last week. In terms of capital flow, BTC spot ETFs have turned to net outflows, while ETH spot ETFs still maintain a slight net inflow, showing some resilience in institutional capital allocation.On-chain, PancakeSwap's weekly trading volume surpassed Uniswap, and the Robinhood Chain, RWA, and Meme ecosystems remain active. In the derivatives market, BTC open interest (OI) rose and then fell, with funding rates remaining positive, and DVOL continuing to decline, while the market overall still maintains high-level fluctuations.In response to the evolving macro policies, institutional capital flows, and on-chain ecosystems, Gate is continuously building a multi-asset trading system covering digital assets, stocks, indices, foreign exchange, and commodities. Relying on institutional-level trading, liquidity, custody, lending, asset management, and API services, it provides professional investors with a one-stop institutional solution.At the same time, Gate is continuously improving its global institutional ecosystem layout, strengthening trading execution efficiency, cross-market liquidity, and risk management capabilities, helping institutional clients respond more efficiently to market fluctuations and seize global asset allocation and structural trading opportunities.

According to CoinPost, the Financial Services Agency and the National Police Agency of Japan jointly issued a request to the Japan Virtual Currency Exchange Association (JVCEA), asking all cryptocurrency traders to strengthen withdrawal restrictions to prevent fraud victims, proposing a total of 11 new measures.The main content includes: the introduction of a pre-registration system for withdrawal destinations, setting a certain period of withdrawal restrictions after depositing fiat currency or purchasing cryptocurrency, establishing withdrawal limits based on customer risk assessments, and enhancing transaction monitoring and information-sharing mechanisms with police in each prefecture. The background is that the damage from social media investment inducements and "pig butchering" scams continues to expand, with criminal methods becoming increasingly complex.

AIX Ventures co-founder Shaun Johnson announced the launch of a $100 million artificial intelligence fund, 224 Ventures, which currently manages assets of approximately $100 million. The fund plans to invest between $1 million and $5 million in AI-native teams, with investment directions covering AI applications, robotics, infrastructure, and core intelligence fields.The fund has 244 LPs, most of whom come from the AI industry, including researchers, product and engineering leaders, as well as corporate AI and data executives. Former Meta Chief AI Scientist and Turing Award winner Yann LeCun and former Google DeepMind researcher Oriol Vinyals also announced their joining to co-lead the fund. Yann LeCun currently also serves as the Executive Chairman of AI startup AMI Labs, which focuses on "world model" technology and has completed over $1 billion in seed financing.

According to on-chain analyst Yu Jin's monitoring, a certain whale shifted from cutting losses on SPCX to MU, withdrawing 8,000 MUB (7.69 million USD) from Binance 20 minutes ago.

According to Onchain Lens monitoring, BlackRock's IBIT wallet accumulated and withdrew 5,073.95 BTC from Coinbase Prime in the past day, worth approximately $327 million.

According to CoinDesk, RedotPay responded to the lawsuit filed by Binance, stating that it will actively defend itself. The company stated in a statement that it is aware of the legal proceedings initiated by Binance and will mount a strong defense against all allegations, denying the related accusations against the company and its co-founders, claiming that these allegations are baseless.Previously, Bloomberg reported that a Binance-affiliated entity filed a lawsuit in Hong Kong against RedotPay's co-founder, accusing him of breaching the agreement by directing over 470,000 Binance users to the RedotPay platform, resulting in approximately $473 million in losses. Binance stated in the lawsuit that it discovered in March 2026 that RedotPay allowed and encouraged the use of Binance Pay funds for unauthorized purposes without isolation, including recharging the RedotPay card. Binance's Chaintecs also filed a lawsuit against RedotPay affiliates in Singapore, with a related hearing scheduled for this Friday.Public information shows that Binance and RedotPay first reached a commercial cooperation in November 2023, which was terminated less than six months later due to Binance's claim that its funds were used for recharging RedotPay prepaid cards. The two parties reached a second agreement in March 2025, requiring Binance funds to remain isolated, allowing Binance users to exchange cryptocurrencies for fiat currency on RedotPay, conduct in-app transfers, and purchase RedotPay branded merchandise, but not to recharge the RedotPay card. Binance terminated the agreement in April 2026, stating it was part of a merchant partner review. RedotPay had previously planned to go public in the U.S. with an estimated valuation of about $4 billion, intending to raise over $1 billion.

According to a report by China News Service, Russian President Putin signed a law on the 4th to comprehensively regulate digital currencies and digital rights in Russia. Relevant documents have been published on the Russian legal information website. The law clarifies the operational rules for cryptocurrency exchange platforms, digital asset custodians, and other market participants, and regulates the conditions under which investors can purchase cryptocurrencies.The law regulates relationships related to the circulation, accounting, and storage of digital currencies and foreign digital tools, as well as activities related to "mining," and the issuance and circulation of digital rights. It also stipulates the regulation of the business operations of information system operators for issuing digital financial assets, cryptocurrency exchange institutions, digital asset custodians, brokers, asset management companies, trading organizers, and clearing institutions. According to this law, Russian citizens can legally invest in cryptocurrencies through exchanges within Russia and use services provided by brokers, trust managers, asset management companies, and cryptocurrency exchange institutions when conducting cryptocurrency transactions and related operations.The registration and custody of cryptocurrencies will be the responsibility of relevant digital custodians approved by the Central Bank of Russia, and market participants must comply with strict information security requirements. The Central Bank of Russia will also establish a registration list for cryptocurrency exchange institutions, which will include credit institutions and brokers under a filing system for management. This law will officially take effect on September 1, but some provisions will be implemented on July 1, 2027, or September 1, 2027.

According to sources cited by Gelonghui, just days after his hedge fund was on the brink of collapse, former OpenAI researcher Leopold Aschenbrenner has returned to the investment stage, spending $400 million to support a private company.This investment, completed on Tuesday, is the first sign of how Aschenbrenner is picking up the pieces after his AI-themed hedge fund Situational Awareness nearly collapsed last week due to multiple margin calls from Wall Street lenders. This additional funding comes on top of the $100 million that Situational Awareness invested in the same company last month. It is currently unclear which company in his private equity portfolio received this additional funding.

According to the disclosure documents from the U.S. Securities and Exchange Commission, TeraWulf released its operating performance for the second quarter of 2026, achieving revenue of $44.767 million, of which revenue from HPC leasing business was $31.932 million, accounting for approximately 71% of total revenue.The company's Lake Mariner project in New York has completed the launch of 102 megawatts of revenue-generating IT capacity, with an additional 336 megawatts under construction. The cost of IT capacity per megawatt remains between $8 million and $10 million. TeraWulf has completed the acquisition of the Muskie Data Campus in Kentucky, which can provide up to 1 gigawatt of power supply; its Justified campus has signed a lease agreement with Anthropic, with a scale of approximately 401 megawatts, a lease term of 20 years, and an initial contract amount of approximately $19 billion.In addition, the company will transfer its 50.1% stake in the Abernathy joint venture for $530 million in cash, while reaffirming its business goal of adding 250-500 megawatts of IT capacity annually.

According to the Daily Economic News, the July quantitative private equity industry experienced a systemic drawdown, with several institutional products seeing a monthly net value decline of over 20%, turning year-to-date returns from positive to negative. Specifically, among the 9 displayed products under Huansquare Quantitative, 8 have recorded negative returns year-to-date, with all monthly declines in July exceeding 20%, and the maximum drawdown reaching 22.15%; among the 14 products displayed by Mingcong Investment, 9 have recorded negative returns year-to-date; in Jiukun Investment's 15 products, 14 still have positive returns year-to-date, but the monthly drawdown is also significant. In contrast, Yanfeng Investment has shown relatively stable performance.Regarding this drawdown, multiple institutions believe that this round of adjustment is more due to emotions and trading structures rather than the end of the AI industry trend. Freshwater Spring Investment pointed out that AI is still rapidly developing in terms of model capability enhancement, cost reduction, and the diffusion of application scenarios. Referencing experiences from the internet era, it is normal for there to be fluctuations during the advancement of technological waves. Institutions believe that AI investment is gradually transitioning from the previous focus on computing power infrastructure in the "first half" to "intelligent equity" in the "second half"—that is, a phase where the cost of intelligent usage continues to decline and application scenarios are accelerated in unlocking, providing opportunities for supply chain companies that can offer cost-effective solutions for leading model companies and large cloud vendors.

Well-known crypto KOL Ansem posted that signs of a bottom forming are appearing in the crypto market. Firstly, prices are beginning to show resilience against negative news; for example, when Saylor sold millions of dollars in the range of $58,000 to $60,000, BTC continued to form higher lows. Secondly, crypto-native mobile applications are starting to see actual user growth, with Pump.fun's weekly revenue increasing by 20% and Fomo surpassing 100,000 users within a week; institutional interest is also rebounding, including progress from Robinhood Chain and billionaire Paul Tudor Jones publicly bullish on BTC. Additionally, the popularity of crypto-related content on social media is rising again.Ansem stated that if on-chain tokens continue to create higher highs after the initial volume peaks, the number of holders of popular tokens continues to grow, mainstream media refocuses its reporting, developers experiment with new on-chain mechanisms, and successful protocols provide incentives through airdrops, it may further confirm that a new bull market has begun.

According to TASS, Russian President Putin signed a law on August 4 that implements comprehensive regulation for the circulation of digital currencies and digital rights within Russia for the first time. This law establishes an operational framework for cryptocurrency exchanges, digital custodians, and market participants, while also regulating cryptocurrency mining and the issuance and circulation of digital financial assets (DFA).Key points include: cryptocurrency exchanges must be included in a special register to operate (with a transition period until July 1, 2027), and the minimum registered capital requirement is 15 million rubles (approximately $187,000); the use of cryptocurrency for payment of goods and services remains prohibited domestically, but it is allowed for cross-border trade settlements and mining income; non-qualified investors have a purchase limit of 300,000 rubles (approximately $3,700) per year per intermediary, while qualified investors are not subject to restrictions; banks have the right to freeze funds involved in unauthorized cryptocurrency transactions. The core provisions of the law will officially take effect on September 1, 2026, with some provisions being implemented in batches on July 1 and September 1, 2027.

According to Jinshi reports, Israeli Prime Minister Netanyahu stated that the Israeli military "will not withdraw from the current defense line in Gaza" until Hamas is completely disarmed. He mentioned that Trump and his team believe Hamas can be fully disarmed and Gaza can be demilitarized, but Israel holds a different opinion and has submitted a response.

According to official data from Bitget, the cumulative number of trades for its tokenized stock product rToken has surpassed 2 million. To celebrate this milestone, Bitget announced that it will grant a surprise reward to the lucky user who completes the 2 millionth rToken trade. The transaction amount for this order was 162.345 USDT, and the platform will issue a reward of 1,623.45 USDT, which is 10 times the transaction amount.

According to Counterpoint Research data, in the second quarter of 2026, the global DRAM market saw Samsung Electronics regain the top position with a 39% market share, significantly rebounding compared to the same period last year; SK Hynix's share fell from 39% in the same period last year to 26%, despite a 214% year-on-year revenue growth; Micron followed closely with a 25% share, only 1 percentage point behind SK Hynix. Counterpoint pointed out that Samsung achieved a rebound driven by the growth in general DRAM demand and the expansion of its share in the HBM sector.General DRAM prices rose significantly month-on-month, while the average price of HBM declined year-on-year due to the drop in HBM3E prices and delays in HBM4 shipments. Changxin Storage saw a 716% year-on-year revenue growth, benefiting from strong domestic general DRAM demand and capacity expansion; Nanya Technology grew by 690% year-on-year, benefiting from the expansion of DDR/LPDDR4/5 supply. Counterpoint predicts that with the shipments of NVIDIA Vera Rubin and AMD Instinct MI455X, HBM4 shipments will significantly increase in the second half of the year, and the improvement in product mix is expected to support a rebound in HBM prices.

OpenAI issued a public statement on August 3 in response to the lawsuit filed by Apple. OpenAI described Apple's lawsuit as "careless, aggressive, and personal," and pointed out several factual inaccuracies: an external lawyer from Apple mistakenly sent an email intended for someone else to OpenAI's legal head, falsely claiming that the two parties had spoken over the phone; Apple later admitted it was due to "confusing two Asian surnames." OpenAI also revealed that after contacting Apple in February, Apple stated it was "working to resolve any issues," but then did not communicate for 5 months until filing the lawsuit.Regarding the allegations against former Apple employee Chang Liu for taking confidential information, OpenAI presented iMessage records from after his departure showing that Apple colleagues had proactively contacted him to request assistance in locating documents, and acknowledged that this was a common issue caused by Apple's "poor management of exit access." Another named executive, Tang Tan, had worked at Apple for over 24 years, and OpenAI stated that he had consistently required his team "not to use any confidential information from other companies." OpenAI indicated that it had proactively offered to cooperate in resolving the matter, but Apple chose to file a lawsuit, claiming that its request for a preliminary injunction was "based on false information and completely unnecessary." Previously, Apple sued OpenAI in July, accusing it of poaching Apple employees and using confidential information to develop AI products.