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Joseph Chalom, CEO of the Ethereum treasury company SharpLink, posted in opposition to Ethereum Improvement Proposal EIP-8363. According to his disclosure, the current network issues new ETH to validators as staking rewards at a variable yield rate of about 2.75%. If the proposal is passed, it will be implemented in phases over approximately a year and a half, gradually destroying part of the issuance rewards as the staking amount increases. When about 50% of ETH is staked, the staking yield will drop to 0%, and validators will only be able to rely on transaction fees, which currently account for only 15% of staking rewards, to sustain themselves.Chalom presented four points of opposition:Staking yield is the factual benchmark for all on-chain interest rates. The approximately $35 billion TVL of liquid staking tokens is the core collateral for on-chain lending. A yield of zero will raise on-chain capital costs, making actual yields approach or even become negative. Collateral will migrate to assets that still generate yields, and independent stakers and small to medium operators will be the first to be squeezed out.The native yield characteristic is precisely the key reason institutions choose ETH over Bitcoin. Erasing this difference is equivalent to voluntarily giving up its competitive advantage just as ETH is outperforming Bitcoin.Issuance is not a cost to external parties but a transfer of value to security maintainers and builders within the network. Destroying it is a destruction of value rather than a redistribution of this portion of value.The current timing is the worst; Ethereum is in a rising phase of institutional adoption, and destruction incentives will suppress this wave of adoption momentum.He stated that SharpLink agrees with the proposal authors' goal of making ETH scarce and stabilizing the staking rate at a reasonable level, but believes this should be achieved through the existing base fee destruction mechanism rather than altering the economic foundation of the protocol.

The U.S. Commodity Futures Trading Commission (CFTC) has issued a warning about the risks of American odds in prediction markets.

According to the Financial Times, Jane Street is negotiating with several investors, including Pimco, to transfer its approximately $11 billion in debt from the public market to private instruments through a private credit deal.Analysis indicates that this debt transfer by Jane Street aims to reduce the quarterly financial disclosure requirements to a large number of creditors while providing greater flexibility for the company to further invest in AI infrastructure (such as data centers and related technologies).

According to on-chain analysis platform Lookonchain (@lookonchain), the BlackRock Bitcoin ETF has recorded net inflows of BTC for 4 consecutive trading days, with a total inflow of 9,269 BTC, valued at approximately 604 million USD.

Glassnode released a market outlook stating that the sentiment in the Bitcoin options market is improving, with the short-term downside skew significantly retreating. The 1-week 25 Delta Skew has dropped to about 7%, indicating that recent panic has eased. However, the longer-term skew remains around 10%--12%, and the demand for downside protection still exists.Currently, the open interest for BTC call options is about $15 billion, higher than the approximately $10 billion for put options; recent funds are mainly concentrated in the $61,000 to $67,000 range, with a noticeable buying of $65,000 call options. Glassnode believes that the market is shifting towards more aggressive positions but has not yet abandoned risk hedging.

Wall Street Journal reporter Nick Timiraos stated that for the Federal Reserve, the July employment report will be a difficult data set to interpret. New evidence that the labor market has not re-accelerated may weaken the urgency for a rate hike next month, but this still depends on better inflation data.The decline in the unemployment rate will continue to keep the market focused on inflation data. Whether price pressures are rising or falling will determine if more officials conclude that they cannot maintain their inflation target forecasts with interest rates unchanged. A moderate inflation report will strengthen the rationale for keeping rates unchanged (as two consecutive months of moderate data begin to show a trend rather than noise). Conversely, strong data would call the forecasts into question again and give officials opposing a rate hike the opportunity to seek a fourth vote in favor.

Aave founder Stani Kulechov recently stated that SharpLink Gaming opposes Ethereum Improvement Proposal EIP-8363, claiming that SharpLink is one of the largest supporters and financial contributors to the Ethereum ecosystem. Stani mentioned that SharpLink executive Joseph Chalom raised some reasonable points regarding the feasibility and implementation timeline of the proposal.He also called on the community to "protect ETH staking," emphasizing that the interests and long-term impacts of staking ecosystem participants need to be fully considered when advancing improvements to the Ethereum protocol. EIP-8363 has recently sparked discussions in the Ethereum community, with related controversies mainly focusing on its potential impacts on the ETH staking mechanism, validator economic model, and ecological security. Community members are assessing the necessity of the proposal, its implementation pace, and the possible consequences it may bring.

In July, the United States unexpectedly lost 23,000 jobs, far below the expected increase of 80,000. The increase in June was also revised down to only 20,000. Despite the weak job market, the unemployment rate unexpectedly fell from 4.2% to 4.1%. "Fed mouthpiece" Nick Timiraos commented that in July, the U.S. unemployment rate dropped to 4.09% because both the number of job seekers and the number counted as unemployed decreased; this data brought the unemployment rate to its lowest level in two years.Analysts pointed out that this disappointing report has reignited concerns about the labor market and may complicate the Federal Reserve's interest rate decisions, as policymakers need to seek a balance between weak employment and persistent inflation. As a result, market expectations for interest rate hikes quickly receded.Affected by this, U.S. stock index futures surged rapidly, with Nasdaq futures up 0.79% for the day, S&P 500 futures up 0.39%, and Dow futures up 0.27%. U.S. Treasury prices soared, with the yield on the 10-year U.S. Treasury currently down 4.29 basis points, reported at 4.627%; non-U.S. currencies generally rose, with the dollar against the yen briefly falling 80 points, reported at 157.72.At the same time, the U.S. Dollar Index DXY briefly fell nearly 30 points, reported at 99.67. Spot gold briefly rose about $40, reported at $4,351.43 per ounce.

Hyperliquid Policy Center issued a statement, and HPC attended the CFTC Agricultural Advisory Committee meeting, submitting a formal statement. The statement revolves around three points: first, agricultural end users need diversified market choices, and the historical ban on agricultural options has proven to be overly restrictive; second, the CFTC's phased approach to perpetual contracts is the correct path, and end user demand should drive the adoption of new derivatives; third, public blockchains contribute to modernizing clearing and settlement infrastructure, while enhancing collateral liquidity and preserving the market integrity protection mechanisms of the Commodity Exchange Act.HPC stated that it will continue to collaborate with the agricultural community to promote the regulatory implementation of perpetual contracts in the U.S. market.

According to a video released by Bitcoin Magazine on the X platform, U.S. President Trump stated that he is seeing more and more people using Bitcoin for payments, "they don't even know what cash is anymore." Trump said, "Cryptocurrency is a big deal."

The Financial Services Agency of Japan announced personnel appointments. As part of an organizational restructuring, the agency has established a new "Department of Crypto Assets and Stablecoins," specifically responsible for regulating crypto assets and stablecoins. Toshiaki Adomi has been appointed as the first section chief.Toshiaki Adomi graduated from Osaka University Faculty of Law in 2002 and then joined the Financial Services Agency. He later obtained a Master of Business Administration from the University of Birmingham in the UK and a Master of Laws from the London School of Economics. He has held positions in bank supervision and policy coordination, and from July 2025, he will serve as a councilor in the Comprehensive Policy Bureau. Until August 1, 2026, he served as the councilor overseeing postal savings and insurance supervision.

According to monitoring by Catcher Predict, in the event "WTI Crude Oil August 2026 Price Prediction" on the prediction market Polymarket, the probability of the "Yes" option in the sub-market "↑ $80" has experienced significant fluctuations, dropping from 76% an hour ago to the current 61% (a fluctuation of 15%). Please note the impact of related breaking news.

On August 6, OpenAI first released usage data of ChatGPT across various countries, showing significant differences in usage across different scenarios, ages, and regions. In work scenarios, users utilizing ChatGPT for execution tasks (writing, editing, analyzing, etc.) accounted for over 50%, more than twice that of non-work scenarios; non-work scenarios are still primarily focused on "information retrieval." By age group, the proportion of messages from users over 35 years old globally increased by 5 percentage points year-on-year, with France and the Czech Republic seeing increases of over 10 percentage points. Nearly three-quarters of European countries exceeded the global average increase, while some regions in Southeast Asia saw smaller increases.Regionally, Latin America, Africa, and Oceania are narrowing the gap with early adopters, with Peru, Uruguay, and Costa Rica showing the fastest rankings rise. Multimodal (such as image generation and analysis) is the fastest-growing use case, with its global share rising to 7.8%, exceeding 10% in countries like Brazil and Colombia. OpenAI stated that the relevant data has been made public through the OpenAI Signals platform, aimed at helping policymakers and researchers understand the usage trends of over 1 billion users.

A federal judge in Michigan rejected Coinbase's request for a preliminary injunction to block state enforcement of sports event contracts. U.S. District Judge Shalina Kumar of the Eastern District of Michigan ruled on Thursday that Coinbase failed to demonstrate that its claims were likely to succeed on the merits of the case, namely that federal law takes precedence over Michigan's jurisdiction.The cryptocurrency exchange sued the state of Michigan in December 2025, claiming that prediction markets fall under the exclusive jurisdiction of the Commodity Futures Trading Commission (CFTC) under the Commodity Exchange Act (CEA), rather than state regulatory agencies.Coinbase specifically sought to provide access to event contracts issued by Kalshi for customers on its platform, including those in Michigan. According to the complaint, the exchange claimed that Michigan's laws constitute a "conflict of priority," as these laws undermine Congress's efforts to establish a unified federal regulatory framework.

On July 29, the U.S. Department of Commerce signed letters of intent with seven companies, totaling up to $874 million, to support seven "post-GPU era" underlying technology routes such as CPO, ferroelectric memory, and 3D packaging in the form of equity investments. This marks a shift in the U.S. chip strategy from "capacity reshoring" to "technology route selection."The seven companies and their technology directions include: GlobalFoundries (CPO silicon photonic integration, $300 million), Kepler Computing (ferroelectric 3D memory, $245 million), Multibeam (multi-electron beam direct-write lithography and advanced packaging, $140 million), Extropic (thermodynamic sampling unit TSU, $75 million), Thintronics (ultra-low loss dielectric materials, $50 million), Aeluma (large-size phosphorus-free optoelectronic device substrates, $30 million), and OBSIDIA (hardware zero-trust chip anti-counterfeiting, $34 million). All companies are required to provide non-controlling minority equity to the U.S. government.This move shows that the funding usage of the CHIPS Act is shifting from subsidizing wafer fabs to directly holding equity in cutting-edge technology companies with national capital, in order to secure rule-making authority in the post-Moore era.

According to CoinPost, the Financial Services Agency of Japan has announced a partial revision of the "Comprehensive Supervision Guidelines for Major Banks and Others," which will unify the reporting format for cybersecurity incidents across 17 regulatory areas, including cryptocurrency exchange operators.A new "Common Format for Other Cyber Attacks and Related Incidents" has been added, which, along with the existing formats for DDoS attacks and ransomware, constitutes a three-category reporting distinction system. As a transitional measure, non-specific social infrastructure operators may continue to use the old reporting format until the end of March 2027, with the deadline for public comments set for September 7, 2026.

The launch platform Pools.trade launched by Uniswap Labs went live on the Robinhood Chain on August 5, creating 10,506 tokens on its first day, surpassing Pons' 7,210 tokens during the same period. The platform does not charge a launch fee, and tokens directly open Uniswap v4 liquidity pools with an LP fee rate of 0.25%, which is automatically reinvested into non-withdrawable liquidity.Pons was previously built on Uniswap, using a 1% pool fee. Uniswap stated that launching its own launch platform will not change its support for other launch platforms that have been built on the protocol. The PONS token has dropped about 49% in the past week.

A spokesperson for Nvidia (NVDA.O) responded to market rumors about its accelerated entry into the telecommunications operator market and its search for base station manufacturer partnerships in China, stating that the report is unfounded and the description is inaccurate.Previously, there were reports that Shenzhen Jiaxian Communication Co., Ltd. was involved in the collaborative development of Nvidia's 6GAI-RAN base stations.

According to Gate market data, Microchip Technology rose 9% in pre-market trading as the company forecasted that both revenue and profit for the second quarter would exceed expectations.

According to GoPlus monitoring, a user on the Base chain lost 500,000 USDC due to a phishing attack. When the attacker exchanged the stolen funds for WETH, the script did not set slippage protection, routing to a Uniswap V4 WETH/USDC pool with almost no liquidity, resulting in only 67.9 ETH (worth $129,000) being exchanged for 500,000 USDC, of which $370,000 was earned by an MEV bot.The MEV bot only paid 0.03 USDC to front-run the transaction but incurred 3.5 ETH in gas fees for this. Subsequently, the victim sent an on-chain message to the attacker and the MEV address, stating that they had identified the attacker and were willing to pay a 10% bounty for a refund.