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On August 18, 2026, the Financial Accounting Standards Board (FASB) issued a proposed Accounting Standards Update (ASU) aimed at clarifying how the current definition of "cash equivalents" applies to certain digital assets, such as stablecoins, and enhancing the transparency of disclosures regarding important components of cash equivalents. Stakeholders are encouraged to submit comments by November 19, 2026.In the 2025 FASB agenda consultation project and other feedback, stakeholders pointed out that there is uncertainty regarding whether certain digital assets, including stablecoins, meet the definition of cash equivalents under current Generally Accepted Accounting Principles (GAAP), leading to differences in practical treatment. The proposed ASU will provide illustrative examples to promote a more consistent application of this definition and enhance comparability among entities choosing to report qualifying digital assets as cash equivalents, but it will not change the current definition of "cash equivalents."At the same time, the proposed rules require all entities reporting assets as cash equivalents, regardless of whether they include digital assets, to enhance disclosures regarding the important components of cash equivalents and related amounts, so that investors and other financial statement users can obtain more transparent information. The relevant proposed ASU and methods for submitting comments can be found on the FASB website.

Ethereum co-founder Vitalik Buterin published a new article titled "Obfuscation (Part 3): Local Mixing," which delves into a cryptographic obfuscation technique being explored—"Local Mixing." He claims it may become a new foundational cryptographic tool following elliptic curves, RSA, and lattice-based cryptography.Vitalik states that current mainstream obfuscation techniques mainly rely on complex mathematical assumptions, often resulting in extremely high computational overhead. In contrast, Local Mixing adopts a completely different approach, not relying on elliptic curves, large integer factorization, or lattice cryptography. Instead, it draws on experiences from symmetric cryptography and hash function design, continuously shuffling, reconstructing, and hiding circuit structures to eliminate information leakage while maintaining functionality.The Local Mixing technique primarily includes steps such as reversibility, hardening, mixing, splitting, crossing walk, and "gadgetization." By introducing random structures into the circuit, rearranging logic gates, and employing nonlinear hiding mechanisms, it makes it difficult for attackers to recover the original computational logic.Vitalik points out that this technology is still in its early stages, with security not yet validated over the long term and facing challenges such as random attacks and linear analysis. However, he believes that Local Mixing represents a completely new path for cryptographic exploration, aiming to construct more efficient indistinguishable obfuscation (iO) schemes.If breakthroughs in Local Mixing technology are achieved, it could lead to new quantum-resistant public key encryption schemes and promote the development of general obfuscation techniques. The field still requires years of cryptanalysis and optimization validation, but AI-assisted research may significantly accelerate this maturation process. Vitalik states that obfuscation technology is seen as the "final frontier" of cryptography because, theoretically, other cryptographic primitives can be constructed based on obfuscation and one-way functions. Local Mixing may not only reduce the costs of traditional obfuscation schemes but could also become an important direction for future cryptographic infrastructure.

According to The Block, TRM Labs' latest report shows that the application of artificial intelligence in crypto crime has increased by 40% year-on-year over the past year, primarily driven by fraud activities. The report states that crypto hackers are increasingly using artificial intelligence for vulnerability analysis, social engineering attacks, and penetration.In the first half of 2026, there were 201 digital asset hacking incidents, a record high, with approximately 75% of the losses stemming from 4% of the incidents. North Korea-related activities caused about $600 million in losses, accounting for 61% of the losses in the first half of the year. TRM Labs stated that artificial intelligence has not created new types of crime but has significantly lowered the barriers to crime and expanded the scale of attacks.

According to Coinglass data, the cryptocurrency Fear and Greed Index is currently at 71, up 10 points from yesterday. The average over the past 7 days is 45, and the average over the past 30 days is 32.

The Hungarian Parliament passed Bill XXXVIII of 2026, which abolishes legal provisions related to cryptocurrency asset conversion services, including the verification requirements that European exchanges must pass to operate legally in Hungary. The bill was voted on and passed on July 31 and came into effect on August 7.This abolition simultaneously cancels two charges related to cryptocurrency assets: unauthorized trading of high-value cryptocurrency assets can result in a maximum of 5 years in prison, and violating verification obligations when providing cryptocurrency exchange services can result in a maximum of 8 years in prison. The relevant provisions were criticized for overlapping with the EU MiCA framework.

Asset management giant Franklin Templeton announced that its first mortgage fund obligation (CFO) product, Franklin Templeton Structured Solutions 2026, has successfully completed fundraising of $1.5 billion. The aim is to provide investors with diversified and more efficient private market investment channels, with a portfolio covering strategies such as the private equity secondary market, continuation vehicles, and direct loans to U.S. mid-sized enterprises.As of the end of July 2026, Franklin Templeton's alternative asset management scale reached $295 billion, with its alternative investment platform covering multiple fields including the private equity secondary market, private real estate, private credit, venture capital, hedge strategies, and digital assets.

Binance launches the Agent OS developer platform, aimed at connecting artificial intelligence applications to its trading, market data, wallet, payment, and on-chain functionalities.The platform integrates the Binance API, Binance Wallet Proxy Center, programmable payment tool Binance x402, Skill Hub, and supports model context protocols. Users can authorize proxies to access market data, view account information, and execute restricted trades through compatible tools.

KuCoin today announced that its Artificial Intelligence Management System (AIMS) has officially obtained the ISO/IEC 42001:2023 international certification, further strengthening the company's systematic capabilities in the responsible deployment, governance, and continuous improvement of artificial intelligence.This certification is the world's first international standard for artificial intelligence management systems, providing an internationally recognized management framework for enterprises to establish, implement, maintain, and continuously improve their artificial intelligence management systems. This certification covers KuCoin's artificial intelligence management system and related support functions, further promoting the transparent, secure, and responsible application of AI in platform operations.As AI increasingly penetrates digital financial scenarios such as risk control, anti-money laundering, fraud detection, market monitoring, intelligent customer service, and platform operations, KuCoin continues to advance AI innovation alongside trustworthy governance. This certification further enhances KuCoin's trust framework, building a reliable infrastructure that covers information security, operational reliability, business continuity, and artificial intelligence governance, alongside ISO/IEC 27001, SOC 2 Type II, and ISO 22301.

The decentralized AI infrastructure DeAgentAI has announced that its brand new official website is now live. Along with the website, the AI Agent hosting platform has been launched, dedicated to providing long-term underlying support for the construction, deployment, and permanent hosting of agents. As the first demonstration application of this platform, Sentry has also been launched, capable of achieving round-the-clock strategy monitoring, covering all 308 targets on Hyperliquid (including cryptocurrencies, stocks, and commodities), and relying on underlying trusted infrastructure to convert market insights into objective, emotion-free automated strategy execution.DeAgentAI stated that Sentry is just the first step in the platform's implementation, and more vertical scenario AI Agents will continue to be built and hosted on this platform. Meanwhile, with the comprehensive rollout of the AI Agent platform, Sentry, and enterprise solutions, DeAgentAI has officially launched a programmatic normalization buyback and destruction mechanism for $AIA based on real protocol revenue, promoting token deflation and value capture through actual business growth, continuously feeding back the long-term value of $AIA.

According to ZDNet Korea, Samsung Electronics is accelerating the expansion of its advanced wafer foundry capacity in the United States. The company plans to start the second phase of construction at the Taylor wafer plant in Texas by the end of this year, aiming for mass production by 2030, and has requested major equipment partners to obtain SEMI certification in advance for subsequent equipment import and export. SEMI certification is a standard for assessing the safety of semiconductor equipment and is usually a necessary procedure before equipment leaves the country.The Taylor wafer plant is responsible for Samsung's most advanced foundry mass production tasks. The first phase is currently undergoing equipment entry and installation, with a target to start production by the end of this year, focusing on a 2-nanometer mass production process, with Tesla seen as a core customer. Samsung stated in last month's second-quarter earnings call that to respond promptly to the growing customer demand, the second phase of Taylor will commence by the end of this year. Industry insiders say that although the specific specifications for the second phase have not yet been finalized, Samsung's foundry business has already pushed forward relevant preparations in advance.Previously, Samsung had postponed the investment in the first phase of Taylor multiple times due to insufficient customers and a sluggish market, until Tesla signed a foundry agreement worth approximately 22.76 trillion won in the third quarter of last year, which accelerated construction. The actual pace of mass production in the second phase will still depend on the expansion of supply to Tesla and the progress of new major customers. Additionally, there are reports that Samsung E&A is considering dispatching dozens of construction personnel locally.

According to Coinglass data, the cryptocurrency Fear and Greed Index is currently at 61, up 14 points from yesterday. The average over the past 7 days is 39, and the average over the past 30 days is 30.

Meta related personnel Spencer Barnett posted on X that Meta has launched the Meta AI Mac OS application today.

Base officially announced that its accelerator program Base Batches 004 is now open for applications, targeting the Fall 2026 batch, with a deadline of September 9. The program is jointly operated by Base and the Base Ecosystem Fund, aiming to help early teams building on Base to launch, fundraise, and achieve growth. Selected teams will receive a $100,000 investment offer from the Base Ecosystem Fund (subject to due diligence) and participate in an 8-week hands-on support program to refine their product and narrative, culminating in a Demo Day in November in New York to present to selected investors.Applicant teams must meet the following criteria: be in the early stage (from having a founder-market fit product to post-MVP), be in the pre-seed stage without completing a formal seed round, prefer Base as their primary network, and focus on driving on-chain economic development, covering areas such as transactions, payments, smart contracts, or financing. Selected teams will also receive exclusive advisor guidance, weekly support, cross-domain expert resources, content exposure, and opportunities to showcase to investors. Base stated that applications will be reviewed on a rolling basis and encourages early submission, with the application address being base.org/batches.

OKX CEO Star stated that OKX is collaborating with Anthropic to address issues related to its corporate accounts. Earlier, Bloomberg reported that OKX was suspended due to Hong Kong employees violating Anthropic's geographical restrictions to access Claude, and has prohibited employees residing in Hong Kong or passing through China from using Anthropic's Claude AI model.Additionally, Star posted that the monthly cost for AI usage is between 6 million to 8 million dollars, and has built an internal AI development platform called Oli, which integrates multiple cutting-edge models to provide advanced AI capabilities and development tools for product managers and engineers.

Kaito AI founder Yu Hu responded to the community's privacy concerns regarding the Pulse browser extension. Yu Hu stated that Pulse's verification feature is based on zkTLS technology and generates encrypted proofs only when users actively initiate verification. Kaito only receives the final proof and not the complete account data or browsing history. The interactive data collection of Pulse on the X platform (such as content exposure, duration of stay, interactions) has been clearly authorized at the time of user installation and will not send browsing activities from other web pages to Kaito.Regarding the Chrome prompt "can read and write all website data," Yu Hu acknowledged that its displayed scope is broader than actual use and will be corrected in the next version to "can read and write X website data," which critics like Ultra have recognized. Kaito Pulse will be open-sourced this week for community review. Yu Hu stated that Pulse's device fingerprinting feature is only used to prevent abuse behaviors such as click fraud and witch attacks, and is not used for analysis or other purposes. This statement serves as Kaito's official response to recent community concerns, with the specific features of Pulse to be confirmed by the open-source code.

According to Coinglass data, the cryptocurrency Fear and Greed Index is currently at 47, up 7 points from yesterday. The average over the past 7 days is 35, and the average over the past 30 days is 29.

According to Cointelegraph, the U.S. Attorney's Office for the Southern District of New York urged the court in court documents to dismiss former Celsius CEO Alex Mashinsky's application to overturn his conviction and reduce his sentence, stating that his legal arguments "lack merit." Mashinsky was sentenced to 144 months in prison and fined $48 million for commodity fraud and securities fraud in May 2025.In May, he informed the court that he would represent himself, and the motion submitted involved allegations related to FTX and former colleague Roni Cohen-Pavon, but prosecutors pointed out that he had not submitted a sworn statement to support the allegations and requested the court to dismiss it without a hearing. Cohen-Pavon has completed his sentence for providing "substantial assistance." Additionally, the CFTC permanently banned Mashinsky from engaging in commodity market trading in June, and the SEC's civil lawsuit against him is still ongoing, with both parties in the "settlement discussions" stage.

Brian Armstrong posted on the X platform expressing appreciation for Paul S. Atkins and the SEC for their progress on token classification, calling it a long-awaited step towards modernizing the financial system. He stated that he has been advocating for clear cryptocurrency rules for years, and token classification is a necessary measure for the U.S. to maintain innovation.Brian Armstrong also expressed anticipation for the SEC to release the Innovation Exemption to promote on-chain trading of tokenized stocks. He mentioned that relevant progress is being made and that the CLARITY Act should be pushed through as soon as possible, moving the market on-chain before leading the way in other regions.

Bitcoin News posted on platform X that BlackRock found through an analysis of the rolling 10-year period ending May 2026 that allocating 1% or 2% of Bitcoin in a traditional 60/40 portfolio can enhance the assumed annualized return and improve risk-adjusted performance.The analysis shows that the Sharpe ratio of the traditional 60/40 portfolio is 0.81; after allocating 1% Bitcoin, the Sharpe ratio rises to 0.9; after allocating 2% Bitcoin, the Sharpe ratio rises to 0.96. The portfolio with a 2% Bitcoin allocation also generates an alpha of 1.85% with a maximum drawdown of 20.9%; the traditional 60/40 portfolio has a maximum drawdown of 20.3%.BlackRock stated that Bitcoin remains a "unique portfolio diversification tool and currency alternative option," and long-term investors may increasingly consider moderate Bitcoin allocations outside of traditional holdings.