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According to Axios, despite AI labs offering huge salaries, top titles, and abundant computing resources to compete for top talent, the issue of talent loss remains prominent. Data shows that over 400 former Apple employees are currently working at OpenAI, and Apple has filed a lawsuit against OpenAI, accusing it of using Apple's internal code names to extract confidential information obtained from potential applicants.The latest case is that Lilian Weng, co-founder of Thinking Machines Lab, returned to OpenAI just days after leaving, where she will be responsible for recursive self-improvement research. She is the fourth co-founder to leave the lab in the past year. Meanwhile, Google has also seen two well-known researchers switch jobs recently—Noam Shazeer returned to OpenAI, and Nobel Prize-winning chemist John Jumper joined Anthropic. Meta is also facing the issue of high-priced talent rapidly leaving. Reports cite insiders saying that Anthropic CEO Dario Amodei has expressed concerns about the new trend of hiring talent "for money rather than mission."

According to Token Terminal data, the market value of tokenized U.S. Treasury bonds has reached $15.2 billion, covering 18 chains. Ethereum accounts for 43.2%, BNB Chain for 31.5%, and Stellar for 7.5%. Nearly three-quarters of tokenized U.S. Treasury bond issuance is on Ethereum and BNB Chain.

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.

Former U.S. Congressman George Santos has reached a settlement with the U.S. Commodity Futures Trading Commission (CFTC). According to the order, Santos must return $17,569.98, pay a civil penalty of $17,500, and is prohibited from trading on any CFTC-registered entity for three years.The CFTC found that Santos made misleading public statements and significant omissions when trading event contracts on the prediction market platform Kalshi related to whether he would attend President Donald Trump's State of the Union address. Santos did not admit to the factual findings or conclusions in the order. Trading records show that Santos opened an account on February 11 and only traded that contract, first buying the Yes contract and profiting $3,448.43, then continuing to publicly state he would attend after flights and trains were canceled, and buying the No contract, ultimately profiting $14,390.57 from that position. Kalshi stated it had detected the related activities, froze the account, and provided evidence to the CFTC.

According to Edaily, the South Korean Ministry of Economy and Finance has finalized the "2026 Tax Reform Bill," which does not include a clause for delaying the taxation of virtual assets. If passed by the National Assembly, profits from virtual asset transactions exceeding 2.5 million won will be taxed at a rate of 22%, with the first declaration due in May 2028.This taxation has been postponed three times previously, and the opposition party has proposed a repeal bill, facing significant opposition amid the current market downturn.

According to Jinshi reports, Apple (AAPL.O) has applied to a U.S. judge for a preliminary injunction to prohibit two former employees and OpenAI from accessing, obtaining, using, or disclosing so-called confidential information, while the company continues to advance its lawsuit regarding trade secrets.Apple sued OpenAI and two former employees currently working at OpenAI last month, accusing them of stealing Apple's trade secrets to assist OpenAI in entering the consumer hardware market.

The on-chain financial innovation experimental project TokenWorks tweeted that the initial release phase of Fake World Assets has ended, and the tokens have been distributed to participants. External purchases will open at 3:00 AM Beijing time on August 5.In addition, 50% of the future protocol fees originally belonging to TokenWorks will be redirected to a buyback mechanism. 70% of the tokens obtained from the buyback will be allocated to buyers, 10% to depositors, and 20% for burning. The additional purchase fee has been reduced from 5% to 2.5%, and the depositor bidding has increased from 85% to 90%. The purchase function will be suspended from 9:00 PM to 12:00 AM on August 4 to allow depositors to withdraw.

According to Jinshi reports, on August 3, U.S. officials cited Iranian and American officials saying that Iran and Oman are close to reaching an agreement regarding navigation in the Strait of Hormuz. According to the agreement discussed by both parties, vessels entering the Persian Gulf will navigate through a route close to the Iranian coast, while outgoing vessels will take a route near Oman. Vessels traveling back and forth will need to pay a "service fee," and the revenue will be shared equally between Iran and Oman. U.S. officials stated that the Iranian officials' statements are "inaccurate," and any "temporary" navigation routes in the Strait of Hormuz do not require Iranian approval.

According to Jinshi, today's key financial data and events to focus on include: the pending release of SpaceX's second-quarter performance, the pending FMS 2026 Flash Memory Summit, the release of the U.S. trade balance for June at 20:30, the announcement of U.S. JOLTs job openings and factory orders month-on-month for June at 22:00, and the release of U.S. API crude oil inventory data for the week ending July 31 at 04:30 the next day.

The blockchain rewards platform Bundle announced the completion of a $5.5 million Pre-Seed round of financing, co-led by Ethereal Ventures and Further Ventures, both founded by Ethereum co-founder Joe Lubin, with participation from institutions such as Nascent, GSR, Scenius Capital, Anchorage Digital, and Nuwa Capital.

The Gate stock derivatives section will launch on August 4 at 13:30 (UTC+8) with the following perpetual contract trading (settled in USDT) for CAMBRICON (寒武纪 688256.SH), EOPTOLINK (新易盛 300502.SZ), IEIT (浪潮信息 000977.SZ), MONTAGE (澜起科技 688008.SH), FII (工业富联 601138.SH), NAURA (北方华创 002371.SZ), AMEC (中微公司 688012.SH), SUNGROW (阳光电源 300274.SZ), CMOC (洛阳钼业 603993.SH), BLUEFOCUS (蓝色光标 300058.SZ), supporting 1-20x leverage.In addition, Gate will launch the 12th phase of the new coin airdrop event in the stock derivatives section from August 4 at 16:00 to August 13 at 16:00 (UTC+8). New users who complete their first contract trade will receive 5 USDT; daily trading volume of the participating coins can accumulate up to 35 USDT; trading the participating coins will share a prize pool of 30,000 USDT. The total prize pool for the event is 50,000 USDT, with a maximum of 240 USDT available for each individual.

According to Jinshi, the international credit rating agency Moody's has upgraded SK Hynix's credit rating to the A range for the first time, reflecting the company's enhanced competitiveness in the artificial intelligence storage market, as well as improvements in profitability and cash generation capability.Moody's raised SK Hynix's long-term issuer rating and senior unsecured bond rating by one notch, from "Baa1" to "A3," with a rating outlook maintained at "stable." This is the first time SK Hynix has received a Moody's A rating since it merged into the SK Group in 2012.

According to The Kobeissi Letter analysis, cryptocurrency trading activity continues to decline. Data from 44 spot exchanges tracked by Kaiko shows that last week, the average daily trading volume for cryptocurrency spot trading dropped to about $15 billion, the lowest level of the year, down approximately 70% from the peak in January. In comparison, there were two trading days in February where the trading volume exceeded $100 billion.It states that since December 2025, the trend of average daily trading volume has decreased by about 50% to $20 billion, also the lowest level of the year. Meanwhile, trading volume remains highly concentrated, with the largest 6 exchanges accounting for over 60% of total trading activity, and liquidity in the cryptocurrency market is drying up.

According to crypto KOL 0xSLK, Uniswap is developing a token issuance platform called "Pools" on the Robinhood Chain. The official website is now online, but the product is not yet open. The pools.trade page displays "Coming soon from Uniswap" and plays a video of a frog jumping into a pond. Research has found that the front-end code related to Pools contains a lot of product information, and its internal name is "Pools - create a token on Robinhood Chain." The "rh-cca" path is believed to be related to the Robinhood Chain and Uniswap's Continuous Clearing Auction (CCA) mechanism.The public code shows that Pools is expected to offer two token issuance models: Crowd Launch: using a 4-hour auction mechanism, with a fixed supply of 1 billion tokens, of which 50% is for auction, and the remaining 50% along with the raised funds is used to establish Uniswap v4 liquidity pools. If the $50,000 FDV target is reached, the tokens will complete migration and open for trading; otherwise, participants can get a refund. Instant Launch: similar to the Bonding Curve model, users can trade immediately, with 80% of tokens used for curve trading, and the remaining 20% and funds used for liquidity building, completing migration after reaching a $50,000 FDV. Currently, the on-chain infrastructure related to Pools has been deployed to the Robinhood Chain. Uniswap's official documentation shows that related contracts include CCA Factory, LiquidityLauncher, and LBPStrategy, among others. Data shows that related contracts have generated hundreds of auction events and completed hundreds of token creations and migrations.Meanwhile, several tokens borrowing the concept of Pools have emerged in the market. Researchers point out that there is currently no official POOLS token, and any tokens named Pools, pools.trade, or UniFrog have not been confirmed by Uniswap Labs. Among them, the meme coin FRONG (which briefly surpassed a market cap of $7 million this morning, rising over 90% in 24 hours) has attracted attention for using a frog image similar to that in the Pools promotional video, but it is still just a community-issued token and not an official Uniswap project. The market is currently focused on whether Uniswap will officially open pools.trade, announce the first official issuance project, and release verified official contract addresses.

According to The Nation Online, the Nigerian Tax Authority has released the "Virtual Asset Taxation Guidelines," officially incorporating cryptocurrencies, stablecoins, NFTs, and other blockchain digital assets into the country's tax system. The guidelines were published on July 31 and provide the first detailed framework for taxing the income from assets such as cryptocurrencies, stablecoins, governance tokens, and NFTs.The guidelines stipulate that income generated from the disposal, exchange, or transfer of virtual assets must be taxed according to Nigerian tax law, and income from blockchain activities such as mining, staking, validating, airdrops, and token rewards is also subject to taxation. Virtual assets must be valued at the market price of exchange platforms recognized by the tax authority. Individuals and businesses must maintain complete transaction records, and virtual asset service providers must register for taxation and report large or suspicious transactions. The SEC continues to regulate securities-type virtual assets, while the tax authority is responsible for tax management. The guidelines do not set a separate tax rate for cryptocurrencies but apply existing tax law provisions. The guidelines follow President Bola Tinubu's executive order on establishing a coordinated regulatory framework for virtual assets.

According to Coinglass data, the current whale holdings on the Hyperliquid platform amount to $4.708 billion, with long positions of $2.354 billion, accounting for 50% of the holdings, and short positions of $2.354 billion, also accounting for 50% of the holdings. The profit and loss for long positions is -$120 million, while the profit and loss for short positions is $55.4201 million.Among them, the whale address 0x0ddf..02 has shorted ETH with a full position at a price of $1700.06, currently realizing an unrealized profit and loss of -$8.3817 million.

According to Reuters, informed sources say that Changxin Storage is considering building a second 12-inch DRAM wafer fab in Beijing's Yizhuang and is negotiating financing with the Beijing Economic and Technological Development Zone and several state-owned technology companies. The company is seeking at least 60 million yuan (approximately 8.9 million USD) in support, but negotiations are still in the early stages, and the scale and structure of the financing may be adjusted.The proposed factory will be located at the site of Changxin Storage's existing DRAM wafer fab in Beijing. The planned production capacity and total investment for the project have not yet been determined, while building a fab capable of producing advanced DRAM typically requires over 10 billion USD. Currently, Changxin Storage operates two 12-inch DRAM wafer fabs in Hefei and one in Beijing, each with a monthly production capacity of about 100,000 wafers. Changxin Storage is also building new factories in Shanghai and Hefei, and once the related projects are fully operational, the company's monthly production capacity could double to over 600,000 wafers.This expansion comes as demand for storage chips is driven by AI infrastructure, data centers, and consumer electronics entering an upward cycle. The company completed an 8.6 billion USD IPO last month, marking the largest fundraising for a semiconductor company listed in mainland China, and its stock price has risen by 13% since going public. Changxin Storage is currently the fourth largest DRAM manufacturer in the world, but Samsung Electronics, SK Hynix, and Micron together still account for nearly 90% of the global market share in the first quarter. Beijing and Shanghai are also providing funding and other support to Changxin Storage to gain economic and strategic benefits from its expansion.