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The Ethereum Foundation's DevOps team announced the launch of the Platåberget testnet as an early public testing environment for the Glamsterdam (Gloas + Amsterdam) upgrade. This testnet is open to the community and is planned to run for several months, providing developers with a stable experimental platform to identify and fix issues before the upgrade is deployed to long-term testnets like Sepolia and Hoodi. The Glamsterdam hard fork is scheduled to activate on August 20 on this testnet.The Glamsterdam upgrade includes several significant changes to both the consensus layer and execution layer, including built-in proposer-builder separation (ePBS), block-level access lists (BALs), gas repricing targeting approximately 200 million gas, an increase in the maximum contract deployment size from 24KiB to 64KiB, an increase in the initcode limit from 48KiB to 128KiB, and forward-compatible consensus data structures. Relevant EIPs are summarized in meta EIP-7773. Gas repricing will affect wallets, indexers, and gas estimation tools, and any tools with hard-coded maximum gas limits will need to be updated; EIP-8037 also introduces an independent state gas dimension, where new accounts or writing to new storage slots will be charged by state bytes.The Platåberget validator set is small and allows public participation, supporting deposits from validators or builders submitted through the Dora browser. The testnet provides one-click resources to add networks, faucets, and client images. The community can provide feedback on issues in the Ethereum R&D Discord and related specification repositories.

According to Decrypt, the Dutch prosecution has sold the seized crypto assets from the bankrupt cryptocurrency platform Knaken, raising approximately $2.5 million to repay creditors.The bankruptcy trustee stated that the funds invested by clients are estimated to be between $12 million and $14 million, and the proceeds from the sale are currently the main available funds in the bankruptcy estate.

Synthetix tweeted that the previously passed SIP-423 proposal has achieved its main goals, including the deprecation of the native stablecoin sUSD, the restructuring of the Debt Jubilee, and the reform of the SNX staking mechanism. The new SNX will be minted at a 4:1 ratio with sUSD, with the conversion including a 1-year lock-up period and a 1-year unlocking period. The original supply was 344,939,867.56 SNX, with an additional minting of 236,464,356 SNX, bringing the new total supply to 581,404,223.56 SNX.Synthetix stated that SIP-423 is a "hard reset" that allows the protocol to break free from internal dependencies and focus on making Synthetix a perpetual contract trading venue on the Ethereum mainnet.

The B.AI platform officially announces that the DeepSeek-V4-Flash model has launched a limited-time free and unrestricted service on both Web Chat and API, allowing developers and regular users to access top-tier computing power at no cost. At the same time, the platform is rolling out multiple benefits: new users who log in through Binance Wallet, BitgetWallet, or imToken can receive 1 million Credits, and by entering an invitation code, they can get an additional 300,000, for a total of up to 1.3 million in free credits; recharging can also earn up to $100 in points rebates, and inviting friends to register can enjoy long-term rebate rights. B.AI will continue to release promotional benefits in the future, lowering the innovation threshold for AI applications.

According to the official announcement, Bitget's stock perpetual contracts have been launched for CXMT (Changxin Storage). The contract is settled in USDT, supports up to 20 times leverage, and allows trading 24/7. So far, Bitget supports a total of 273 stock perpetual contract underlying assets.

According to on-chain analyst Ai Yi's monitoring, a certain whale stopped loss 300 BTC 40 minutes ago, incurring a loss of $9,065. This is the fourth stop loss since opening the position on August 5, with a total realized loss of $988,000.Currently, this whale has 1,700 BTC in short positions remaining, valued at $108 million, with an unrealized profit of $96,000, and a liquidation price of $63,710.5.

According to the Financial Times, the artificial intelligence boom is giving rise to a new class of super-rich individuals. This new wealthy class is keen on purchasing highly personalized luxury items such as private jets, yachts, and cars, and they are starting to use cryptocurrencies for payments.The report points out that the rapid accumulation of wealth related to AI is driving changes in the high-end consumer market, with cryptocurrencies appearing as a payment method in scenarios such as private aviation, yacht customization, and luxury car transactions, reflecting the practical application of digital assets among ultra-high-net-worth individuals.

Regarding the issues of BitMart users' asset withdrawal restrictions and employees' unpaid salaries and compensations, employees of the platform publicly called on BitMart's management and relevant responsible parties to respond publicly by August 19 regarding the whereabouts of user assets, the platform's reserve situation, the reasons for withdrawal restrictions, and employee salary compensations. The open letter pointed out that a large number of users are still unable to withdraw their assets normally, and some employees have not received their last month's salary and due compensation; against this backdrop, if the platform only responds with announcements such as "ceasing operations," it cannot resolve the actual problems faced by users and employees. Relevant individuals requested that BitMart publicly disclose wallet, asset, liability, and available reserve information that can be verified by third parties, and explain when the platform became aware of the funding and withdrawal issues, who made the relevant decisions, and whether it continued to encourage users to redeem or trade despite being aware of the risks.The open letter also called for an investigation into related accounts, affiliated companies, trusts, and other funding arrangements associated with BitMart user assets, and specifically requested that the founder's partner provide explanations regarding their related accounts and funding situation. The open letter stated that there is currently information pending further verification indicating that BitMart accounts related to the founder's partner may have held assets worth tens of millions of dollars and have records of batch withdrawals; relevant individuals emphasized that no criminal characterization will be made against any individual until evidence is fully verified, but they demanded public clarification on whether the aforementioned accounts exist, asset ownership, sources of funds, transfer directions, and whether there is any connection with BitMart user assets, and called for an independent investigation into the relevant fund flows. At the same time, the open letter requested that BitMart promptly settle the salaries and compensations owed to employees, asserting that ordinary employees should not bear the consequences of management's operational decisions.In addition, the open letter requested that BitMart publish a user repayment plan with a clear execution timeline by August 19, including the scale of remaining assets, total liabilities, expected recovery ratio for users, repayment order, start and completion times, and supervision mechanisms, and explicitly stated acceptance of third-party independent audits. The open letter indicated that if a complete, transparent, and verifiable asset explanation and repayment plan are not obtained by then, they will consider submitting existing materials, funding clues, and relevant evidence to law enforcement agencies, regulatory authorities, lawyers, and the media in various locations to promote further investigation.

Goldman Sachs stated that as U.S. inflation is cooling, market expectations for the Federal Reserve's interest rate hikes remain overly aggressive. Goldman Sachs Chief Economist Jan Hatzius pointed out that weak retail sales data, disappointing employment data, and continuously slowing inflation data make the likelihood of an interest rate hike at the Fed's September meeting extremely low.The market has pushed back expectations for the next 25 basis point rate hike to January of next year.

According to Catcher Predict monitoring, the "Brazil Presidential Election" event is currently among the hottest trading topics on the prediction market Polymarket, with a cumulative pool size reaching $1.255 billion. The option with the highest market consensus is "Luiz Inácio Lula da Silva," corresponding to a winning probability of about 65.5%.

According to the official announcement, the Gate event market has recently launched a leaderboard incentive system and simultaneously launched an esports section and the "Five Major Leagues Opening Celebration" event, further expanding diverse interactive scenarios in sports and esports. The first phase of the points activity will officially start on August 17 at 18:00 (UTC+8). Users can participate after upgrading the Gate App to version v8.32 or above. The activity adopts the mechanism of "Earn Cards through Trading --- Scratch Cards for Rewards --- Climb the Leaderboard --- Weekly Settlement," where users can obtain scratch cards by completing valid event contract trades and have the chance to receive rewards such as USDT, event points, and experience vouchers; the top 100 users on the weekly leaderboard can also share the points prize pool based on their rankings.At the same time, the Gate esports section aggregates popular events such as Dota 2, League of Legends, CS2, and Valorant, providing match pairings, real-time scores, prediction probabilities, and trading information, and supports event subscriptions and match start reminders, helping users conveniently browse and participate in event interactions.In addition, from August 12 at 16:00 to August 31 at 16:00 (UTC+8), Gate is launching the "Five Major Leagues Kickoff Carnival" event, with a total prize pool of 200,000 USDT. Users participating in designated football event contracts can receive kickoff gifts, loss compensation, and leaderboard rewards, further enhancing the interactive experience of football events and event contracts.

According to Coinglass data, the current whale holdings on the Hyperliquid platform amount to $5.401 billion, with long positions totaling $2.642 billion, accounting for 48.93% of the holdings, and short positions totaling $2.758 billion, accounting for 51.07%. The profit and loss for long positions is -$92.3069 million, while the profit and loss for short positions is $15.5249 million.Among them, the whale address 0xff84..1d has shorted BTC with a 40x leverage at a price of $63,581.5, currently showing an unrealized profit and loss of $967,100.

According to on-chain analyst Onchain Lens (@OnchainLens), a certain Hyperliquid trader address (0xA03...702aA) unstaked 20,000 HYPE (approximately $1.15 million) 3 hours ago and transferred it to Kraken, suspected to be preparing for a sale.The wallet also unstaked and deposited 24,950 HYPE to Kraken last week. Since December 2025, this address has accumulated $47.79 million in purchases of 1.37 million HYPE and $45.47 million in sales of 1.25 million HYPE, with a total spot trading volume of $93.25 million, resulting in a cumulative loss of approximately $406,000.

According to Reuters, the U.S. government plans to send letters to more than 30 countries that signed the "Joint Statement on the Partnership for Artificial Intelligence Opportunities," asking them to choose sides in the U.S.-China AI competition.The U.S. has threatened that if they participate in the China-led AI framework, they will be excluded from the U.S.-led "AI Alliance."

DWF Labs posted on X that, based on fund size, the ETH spot ETF has outperformed the BTC spot ETF in terms of fund flows since June. In June, the net outflow of the ETH ETF accounted for 4.65% of the fund size, lower than the BTC ETF's 8.09%; in July, the net inflow of the ETH ETF accounted for 3.19%, while the BTC ETF was 0.34%, making the former approximately 9.4 times that of the latter.DWF Labs pointed out in May that institutions generally lacked interest in ETH, and net fund flows gradually decreased. However, this trend began to change in the past few weeks.

Market news indicates that Stripe is about to acquire the artificial intelligence company OpenRouter for over $7 billion. The final price of the acquisition may still fluctuate.It is reported that OpenRouter was established in 2023 and is positioned as an AI infrastructure platform that connects users with various large language models, allowing developers to call AI models from companies such as OpenAI, Anthropic, and Google through a unified interface, and choose different models based on performance, price, and availability.If the deal is completed, it will become one of Stripe's significant moves in the AI field in recent years. Stripe has previously focused mainly on payment infrastructure, financial services, and enterprise software, and the acquisition of OpenRouter may further drive its expansion into the AI developer infrastructure sector.Additionally, the tokenized asset data platform RootData shows that OpenRouter co-founder Alex Atallah is also a co-founder and CTO of OpenSea.

According to CoinDesk, a South Korean court sentenced a cryptocurrency platform operator to 15 years in prison this week, involving an amount of approximately 50 million USD. This ruling is considered one of the longest sentences handed down in South Korea to date for cryptocurrency fraud.Reports indicate that this case occurred against the backdrop of South Korea strengthening its scrutiny of outbound fund transfers and related platforms like Binance implementing restrictive measures, reflecting the local regulatory authorities' ongoing tightening of efforts to combat cryptocurrency fraud and capital outflows.