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According to Forbes, the scale of the theft in the Coldcard hardware wallet vulnerability incident has risen to approximately $130 million, involving about 2,000 BTC and over 5,200 addresses, reigniting the industry's debate over who should hold private keys. Data from Bitcoin Magazine shows that in the days following the incident, the net inflow into U.S. spot Bitcoin ETFs was $626 million, with some opinions suggesting that the vulnerability may drive more funds towards ETFs.Reports indicate that supporters of self-custody remain undeterred. Casa co-founder Jameson Lopp stated that confidence in self-custody should not be lost due to recent events, as custodial institutions also rely on random number generators. Bitcoin core early developer Peter Todd noted that the historical record of self-custody is far better than that of third parties. Another viewpoint argues that both reflexive choices have flaws. Onramp co-founder Michael Tanguma stated that if the only answer is Coinbase or ETFs, it poses a serious problem, as centralizing what should be decentralized assets undermines their foundation, advocating for a multi-institutional custody solution where keys are held by multiple regulated entities.

A wallet security incident involving approximately $130 million in Bitcoin losses is reigniting discussions in the crypto industry about asset custody models: should Bitcoin holders rely on personal self-custody or turn to institutional custody? Hardware wallet manufacturer Coldcard had a vulnerability in its firmware in 2021 that led to some mnemonic phrases generated by the device being predictably risky. This vulnerability was discovered years later, and approximately 5,200 addresses and about 2,000 BTC have been stolen, with losses amounting to around $130 million.After the incident, some investors began to turn to Wall Street custody products. Data shows that the U.S. spot Bitcoin ETF saw a net inflow of about $626 million within days of the incident. Bloomberg ETF analyst Eric Balchunas stated that such security incidents could further drive funds into ETFs. However, the Bitcoin core community still insists on the self-custody concept. Casa co-founder Jameson Lopp stated that recent events should not undermine users' confidence in self-custody and pointed out that third-party custody also carries risks. Bitcoin Core early developer Peter Todd also believes that self-custody has a better long-term safety record than centralized institutions.Onramp co-founder Michael Tanguma believes that both options have flaws. He stated that concentrating a large amount of assets in a single institution creates a "honey pot," while hardware wallets face risks related to supply chains, firmware, and random number generation. Tanguma proposed a "multi-institution custody" solution, where multiple regulated institutions hold keys through a multi-signature mechanism, requiring multiple institutions to jointly sign any transaction to reduce single points of failure. However, this model has also sparked controversy. Critics argue that while multi-institution custody enhances security, it also introduces permissioned management, conflicting with the decentralized ideals originally pursued by Bitcoin. As Bitcoin gradually enters the fields of pensions, trusts, and institutional asset allocation, the industry is seeking new custody solutions suitable for long-term wealth management. The Coldcard vulnerability incident once again highlights that achieving a balance between security, decentralization, and usability remains a core challenge facing the Bitcoin ecosystem.

On August 10, UMX (The Unified Market Exchange), incubated by Avenir Group under Li Lin, announced the launch of an invitation-only public beta. UMX is positioned as a crypto-friendly securities platform for global professional investors, supporting spot, leverage, contract, and options trading of crypto assets, while also supporting real US stocks, ETFs, and US stock options trading. The aim is to connect crypto assets and real securities trading on the same platform, enhancing the capital efficiency of cross-asset trading.The public beta focuses on opening the capital link between crypto assets and securities accounts, supporting functions such as stablecoin exchange transfers, non-stablecoin collateralized lending, fiat account withdrawals and deposits, and the mutual conversion of securities holdings and stock tokens. To enhance cross-asset capital efficiency, the platform introduces a cross-asset margin mechanism, allowing financial assets to be used as margin. During the public beta, BTC and USDT financial products will also be launched, with the highest annualized returns reaching 2.5% and 5.5%, respectively. This public beta is invitation-only, and users who have not yet obtained a public beta code can reserve the official version and participate in the early bird benefits program.

DeepSeek's parent company, DeepSeek, completed the first round of signing for a new financing round on August 10 in Hangzhou. This round of financing has a scale of 50 billion yuan, corresponding to a pre-investment valuation of about 500 billion yuan, which is an increase of over 40% compared to the first round of financing completed in June (with a valuation of about 350 billion yuan). The earliest deadline for the first batch of fund delivery is August 30.This round of financing has a minimum investment threshold of 5 billion yuan, and the funds will mainly be used for computing power investment, model research, human resource expansion, and potential preparations for domestic listing. The fund entry paths are divided into two: part will directly enter DeepSeek's parent company, and part will enter a limited partnership controlled by founder Liang Wenfeng. Previously, DeepSeek briefly paused financing contacts at the end of July and resumed in early August. The new version of the model, DeepSeek-V4-Flash, was officially launched on July 31. According to OpenRouter data, the model reached a call volume of 72.2 trillion tokens in its first week, topping the global charts. The company has recently announced plans to raise API pricing and introduce a peak and off-peak pricing mechanism.

According to Jinshi reports, Musk expects the first batch of Starmind AI satellites to begin launching next year.

According to Glassnode data, around $63,000 is becoming an important support and battle zone for Bitcoin (BTC) in the current market. Bitcoin has been oscillating between $60,000 and $67,000 in recent weeks, with over 3% of the circulating supply of BTC, approximately 515,000 BTC, having a cost basis concentrated around $63,000; additionally, over 362,000 BTC is concentrated in the $61,000 region.Glassnode points out that currently, only the supply density in the $78,000 to $82,000 range is higher than this area, which corresponds to Bitcoin's peak in May. Furthermore, the current price of Bitcoin nearly coincides with the 200-week moving average. Glassnode data shows that the 200-week moving average is currently around $63,657, while the BTC price is about $63,822, indicating a significant historical accumulation and strong cost support in this area.From the 30-day Accumulation Trend Score, all types of investors are currently in a net accumulation state, with retail buying pressure being the most evident; at the same time, whale addresses holding over 1,000 BTC are also continuously increasing their positions, indicating that long-term capital is still being deployed. The $63,000 area has become a key price zone in Bitcoin's short-term market structure, and investor accumulation behavior may provide important references for subsequent trends.

Global remittance giant Western Union announced that its Stablecard, built on the Rain stablecoin infrastructure, is officially launched.Users can directly receive the stablecoin USDPT issued by Western Union and issued on Solana by Anchorage Digital Bank, and can make instant purchases at Visa-supported merchants worldwide through an integrated Visa card, or choose to withdraw cash.The first batch of Stablecard covers 37 markets, and Western Union plans to expand to more than 60 markets by the end of the year. The company stated that the stablecoin will help reduce the pre-funding requirements for cross-border remittances, improve capital efficiency, and support the launch of more digital financial services.

According to Cryptopolitan, the Kenya National Examinations Council has begun writing the country's academic records onto the Avalanche C-Chain for instant online certificate verification. Currently, over 15 million records have been put on-chain, and the system is expected to expand to about 35 million records, covering junior high school, high school, advanced diplomas, and teacher certification.Previously, verifying paper certificates took weeks to months and there were issues with forgery. The project is being implemented by a local tech company on the LegitDoc platform.

Renowned trader Doctor Profit stated that he will continue to buy in batches according to the original plan when the BTC price is in the range of $54,000 to $64,000, investing 5% of the planned funds each time. Currently, 35% of the cash allocated for purchasing Bitcoin has been completed.He will continue to accumulate during times of extreme market panic and remain patient.

According to Jinshi reports, on August 1, the Southern Theater Command of the People's Liberation Army organized joint sea and air exercises in the territorial waters, airspace, and surrounding maritime areas of Huangyan Island. This action is a necessary measure in response to the current situation in the South China Sea and the actions of certain regional countries that undermine peace and stability in the area, aiming to test and enhance the troops' practical capabilities in safeguarding national territorial sovereignty and maritime rights.

According to monitoring by Catcher Predict, in the predicted market Polymarket for the event "Dota 2: Xtreme Gaming vs LGD Gaming - Future Battle Group D", the "Xtreme Gaming" option in the sub-market "Match Winner" has experienced a drastic fluctuation in winning probability, dropping from 72.5% an hour ago to the current 47.5% (a fluctuation of 25%). Please note the impact of relevant breaking news.

According to the official announcement, in order to enhance user trading flexibility, Bitget US stock options now support pre-market trading, allowing users to adjust positions and manage risks earlier after earnings reports or unexpected events.The first batch supports 45 underlying assets, covering popular US stocks and ETFs such as SPY, QQQ, NVDA, and AAPL. The pre-market trading hours for options are the same as those for stocks, from Monday to Friday, Eastern Time 4 AM - 9:30 AM. For more details, please refer to the Bitget official platform.

According to Jinshi, the Southern Theater Command of the People's Liberation Army of China has organized combat readiness patrols in the territorial waters and airspace around Huangyan Island.

According to The New York Times, the world's largest cryptocurrency exchange Binance quietly adjusted its law enforcement cooperation policy last April, requiring law enforcement agencies in various countries to forward relevant requests to foreign government agencies for processing, which must go through international treaty procedures, significantly extending the response time.Police representatives from five European countries reported at a law enforcement meeting in the Netherlands that, except for urgent cases involving child sexual abuse, terrorism, or threats to life, the vast majority of requests were forwarded to the UAE government, where Binance is registered, severely hindering investigations.Meanwhile, several senior employees from Binance's compliance team have left one after another, further intensifying external concerns. Binance denied slowing down cooperation, stating that this move aims to ensure compliance with data privacy regulations.

According to Jinshi reports, the southern Lebanese town of Nabatiyeh Foka was heavily shelled by Israel.

According to X platform blogger @MaxForAI, a screenshot of the DeepSeek Harness internal testing recruitment is circulating on social media. The screenshot shows that the DeepSeek Harness plans to start internal testing later this week, with the first batch of users being selected from small group chats. Selected individuals must submit personal information and sign a "Confidentiality Commitment Letter." The screenshot also specifically reminds that any leaks will result in disqualification and affect future opportunities for selection in the DeepSeek model and product internal testing. If the news is true, the official version of DeepSeek V4 and the Harness product are expected to be launched soon.

SK Hynix announced that it will officially begin mass production of 16Gb LPDDR6 low-power mobile DRAM in the second half of this year, with the first products set to be featured in Xiaomi's next-generation flagship smartphone. The product was developed in March and utilizes 10nm class sixth-generation (1c) technology, offering improvements in data processing speed and energy efficiency compared to the previous generation. SK Hynix has been supplying LPDDR products to Xiaomi since 2013, maintaining a long-term partnership.LPDDR is primarily used in mobile devices such as smartphones and tablets, combining low power consumption with high performance. Recently, driven by demand from AI servers, LPDDR prices have continued to rise, with contract prices increasing steadily, leading to a 64.5% quarter-over-quarter growth in global mobile DRAM revenue in the first quarter. SK Hynix and Samsung Electronics are ahead of Micron in preparing for the mass production of LPDDR6. Additionally, the mass production of LPDDR6 is expected to accelerate competition in the SO-CAMM (low-power memory module) market, which is seen as a complementary solution for AI server CPUs. NVIDIA CEO Jensen Huang visited the SK Hynix booth at the Taipei International Computer Show in June, leaving a message of "LOVE SOCAMM" for the 192GB SO-CAMM.

According to a report by The Information citing informed sources, a Shanghai state-owned company whose name has not been disclosed has begun producing domestically-made immersion DUV lithography machines, planning to manufacture about 5 units this year and increase to about 20 units by 2027. The first batch of equipment will be delivered to major foundries such as SMIC, Hua Hong Semiconductor, and ChangXin Technology, but the equipment still needs to undergo verification for accuracy, stability, and production line compatibility, a process that may take several months or even longer.Currently, most components of the equipment come from domestic sources, but some key parts still rely on Japan, and the performance and manufacturing quality lag behind ASML. In comparison, ASML is set to deliver about 131 immersion DUV lithography machines as early as 2025. Although domestic equipment has made the leap from prototype testing to small-scale production, there is still a significant gap before it can replace ASML on a large scale. Previously, Reuters reported that the U.S. is considering tightening restrictions on the export of lithography equipment to China and on maintenance services in China, and the delivery of domestic equipment coincides with this backdrop.

According to Bitcoin.com, U.S. Senator Cynthia Lummis is pushing for the CLARITY Act to complete Senate voting before Congress goes into recess. Article 303 of the bill grants the Treasury Department the authority to impose targeted sanctions on digital assets in foreign jurisdictions, while Article 305 allows exchanges to freeze suspicious transactions for up to 180 days.On-chain data shows that North Korea's Lazarus Group stole approximately $643 million in the first half of 2026, accounting for two-thirds of the total amount stolen in cryptocurrency globally during the same period ($972 million), which includes a $285 million attack on Drift Protocol in April and a $292 million attack on the KelpDAO cross-chain bridge. The organization has accumulated a total theft of $6.75 billion since 2019.Currently, Galaxy Research has lowered the probability of the CLARITY Act passing in 2026 to 30%. The bill still requires 60 votes to advance, meaning at least 7 Democratic senators need to cross party lines to support it.