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According to monitoring by Bubblemaps, several newly created wallets previously purchased CASCHAT worth millions of dollars, and then the token was listed on Robinhood two days later. Currently, the total paper profit of these wallets is approximately 3 million dollars.

Tesla stated that TeraFab will be built in Grimes County, Texas, and the number of chips required by Tesla and SpaceX will far exceed the current and future global production capacity.

According to CoinDesk, JPMorgan stated that the Hyperliquid (HYPE) ETF led the inflow of funds into non-Bitcoin crypto funds in May and June, but related demand has basically stagnated in July and early August, reflecting growing concerns about its competitive prospects.Analysts led by Nikolaos Panigirtzoglou pointed out that decentralized platforms like Hyperliquid face significant pressure on market share. After the launch of regulated crypto perpetual futures products in the U.S., some trading activity may shift from overseas decentralized platforms to compliant centralized exchanges, which have advantages in licensing, compliance, and investor protection.JPMorgan also mentioned that Hyperliquid is expanding its prediction market business, but competition in this area is also intensifying. Although HYPE has become the fourth largest asset in corporate crypto treasuries after BTC, ETH, and SOL, it remains uncertain whether it can continue to gain market share from larger ecosystems like Solana and XRP.Currently, the assets under management for BTC and ETH ETFs are approximately $77 billion and $10 billion, respectively, while other crypto ETFs, including SOL, XRP, and HYPE, have a combined size of only about $2 billion to $3 billion. HYPE has fallen over 3% in the past 24 hours, trading at around $55.30.

According to RBC, the Moscow Exchange (MOEX) in Russia is preparing to launch a digital custody platform for cryptocurrency trading (digital custodian). Sources say that the project is currently still in the development stage and is expected to go live as early as the end of 2026 to early 2027.It is reported that this digital custody platform will not be built on the Moscow Exchange itself or the National Settlement Depository (NSD) under it, but will operate as a completely new independent structure. As Russia's regulatory framework for digital currencies is expected to partially take effect from September 1, the market still lacks a clear plan for the custody and registration mechanisms of crypto assets. Various technical models are currently being discussed within the industry.One proposal is to establish multiple liquidity centers for crypto assets, where brokers can access the Moscow Exchange's digital custody platform or conduct related business through their own digital custody systems. Another proposal may involve trading platforms handling trade matching, while the storage and registration of crypto assets are completed by banks or digital custodians under brokers.Previously, several large banks in Russia, including Sberbank, VTB Bank, T-Bank, and Alfa-Bank, have expressed plans to launch digital custody services. With the Moscow Exchange entering this field, competition among traditional financial institutions is expected to intensify and may further enhance crypto asset services.

According to CoinDesk, Summer Mersinger, CEO of the Blockchain Association and former commissioner of the U.S. Commodity Futures Trading Commission (CFTC), published an article responding to the Wall Street Journal's editorial on August 4, accusing it of a fundamental misreading of the Clarity Act.Mersinger stated that the bill explicitly prohibits stablecoin rewards that are equivalent to bank deposit interest but allows for rewards similar to credit card points and user behavior-based incentive mechanisms. From the perspective of DeFi regulation, Section 10301 of the bill requires the SEC to establish regulatory rules for protocols that are "nominally decentralized and substantially controllable," which does not equate to regulatory exemption; Section 10201 includes digital commodity brokers under all reporting obligations of the Bank Secrecy Act and allocates $3 billion for state-level enforcement, contrary to the Wall Street Journal's accusations of insufficient regulation of illegal finance.Addressing concerns about the "shadow market" for tokenized securities, Mersinger emphasized that Section 10505 of the bill clearly states that securities remain subject to SEC oversight even after settlement on the blockchain. She believes that the Wall Street Journal is essentially defending the monopoly position of traditional financial institutions, which conflicts with the free market principles that the paper has consistently advocated.

For the week ending August 1, the number of initial jobless claims in the United States was 199,000, lower than the expected 202,000, and the previous value was revised from 197,000 to 198,000.

The founder of the Liebit Mining Pool (B.TOP), Jiang Zhuoer, made a prediction about the bottom of this bear market based on the previous three rounds of Bitcoin bull and bear cycles: "According to historical data fitting, the decline ratios for the four cycles are: 86.9%, 84.1%, 77.6%, 65.1% (this round prediction), corresponding to a BTC price of $44,016, expected to occur on October 31."

The TRON DeFi Summer S2 season officially launched on August 5 at 8:00 (SGT). This season's total prize pool has been significantly increased to $2.35M, and it brings a 60-day Boosted APR exclusive incentive, covering core asset pools such as TRX, USDD, JST, and SUN. Users can easily access JustLend DAO through the DeFi section of the Binance Wallet to capture yield opportunities in deep liquidity.Looking back at the S1 season, TRX's TVL in JustLend DAO exceeded $3.2B, USDD's TVL surpassed $460M, and the peak APRs for JST and SUN reached 63.7% and 44.79%, respectively, with over 195K+ interactions across the network and global exposure exceeding 42.35M people. The S2 battle is now ignited, log in to the Binance Wallet to enter JustLend DAO and seize the DeFi summer bonuses.

According to Jinshi reports, the Italian Foreign Minister stated that he had a conversation with the Iranian Foreign Minister, who introduced the negotiations between Iran and Oman regarding the reopening of commercial navigation in the Strait of Hormuz. The Italian Foreign Minister reiterated the importance of continuing dialogue in order to quickly find a political solution and avoid further escalation with the United States.

According to Coinglass data, the current whale holdings on the Hyperliquid platform amount to $4.852 billion, with long positions totaling $2.406 billion, accounting for 49.59% of the holdings, and short positions totaling $2.446 billion, accounting for 50.41%. The profit and loss for long positions is -$75.0186 million, while the profit and loss for short positions is $6.6701 million.Among them, the whale address 0x0ddf..02 has shorted ETH with a full position at a price of $1,700.06, currently showing an unrealized profit and loss of -$10.5917 million.

ByteDance founder Zhang Yiming clearly stated at the Seed team all-hands meeting last month that the company will not use model distillation as a shortcut to catch up with large models, even if it temporarily falls behind domestic competitors. He urged the team to be willing to sacrifice short-term gains for long-term goals.Distillation refers to allowing a new model to learn from the outputs of a stronger model, which can save training time and computational power. Internally, ByteDance believes that this choice will make it more difficult for Seed's language model to catch up with domestic peers like DeepSeek, Kimi, and Qianwen in the short term. However, ByteDance is more concerned about political risks: the company has long faced scrutiny from the U.S. government due to TikTok, and if it is accused of massively extracting the capabilities of cutting-edge U.S. models, Washington may apply pressure on TikTok again. Previously, Anthropic accused DeepSeek, Dark Side of the Moon, MiniMax, Zhiyu, and Alibaba of massively extracting Claude's capabilities, but did not name ByteDance.

The U.S. Securities and Exchange Commission (SEC) announced the establishment of a new Financial Reporting and Accounting Unit within its enforcement division, specifically responsible for investigating financial reporting fraud and violations in the accounting and auditing fields. David Woodcock, head of the SEC's enforcement division, stated that the new unit will enhance the SEC's ability to combat misconduct in the accounting and auditing industry, focusing on financial fraud cases and related securities law violations.The unit will consist of lawyers and accounting professionals and will collaborate with other SEC divisions to conduct investigations and enforcement actions. The SEC indicated that the new unit will be led by Timothy Zimmerman. Zimmerman joined the SEC in May 2026, having previously worked for 12 years at an international law firm, most recently serving as the Deputy General Counsel of an international accounting and professional services firm.

The Hyperliquid Research Collective (HRC) released its Q2 2026 report stating that trading of real-world asset (RWA) perpetual contracts on the Hyperliquid platform continues to grow, with HIP-3 related trading volume increasing from 1.8% in previous quarters to 20.7%, and further reaching 32.2% in Q2, with quarterly trading volume reaching $213 billion, accounting for nearly one-third of the platform's total trading volume.The report indicates that during Q2, the Hyperliquid ecosystem gained more attention from traditional finance, with 3 HYPE ETFs beginning to trade, providing investment channels for institutional investors who cannot directly hold tokens. Meanwhile, fund management companies like Hyperliquid Strategies continue to build HYPE reserves, with current funds and related treasury holding approximately 7.7% of the HYPE supply. In terms of data, HYPE rose 79% in Q2, reaching a historic high of $76.9, while Bitcoin fell 14% during the same period. Hyperliquid protocol revenue recovered after hitting a low in April, with monthly revenue at the end of the quarter reaching $169 million, and cumulative protocol revenue surpassing $1 billion, of which $141 million was returned to holders through buybacks.

According to SoSoValue data, yesterday (Eastern Time August 5), the total net inflow of Bitcoin spot ETFs was $244 million.The Bitcoin spot ETF with the highest net inflow yesterday was Blackrock ETF IBIT, with a net inflow of $197 million for the day, bringing IBIT's historical total net inflow to $60.96 billion. Following that was Ark Invest and 21Shares' ETF ARKB, with a net inflow of $37.6304 million for the day, currently bringing ARKB's historical total net inflow to $1.346 billion. The Bitcoin spot ETF with the highest net outflow yesterday was VanEck ETF HODL, with a net outflow of $14.6712 million, currently bringing HODL's historical total net inflow to $1.136 billion.As of the time of publication, the total net asset value of Bitcoin spot ETFs was $79.206 billion, with an ETF net asset ratio (market value compared to total Bitcoin market value) of 6.09%, and the historical cumulative net inflow has reached $51.951 billion.

According to SoSoValue data, the cryptocurrency market sector shows mixed performance. The DeFi sector rose by 1.61% in 24 hours, with ZEROBASE (ZBT) increasing by 20.98%, SoSoValue (SOSO) rising by 12.37%, and Uniswap (UNI) up by 5.08%. Meanwhile, the Layer2 sector increased by 0.22%, with Mantle (MNT) rising by 0.85%.In addition, the Layer1 sector fell by 0.33%, but Aptos (APT) rose by 1.89%; the PayFi sector decreased by 0.7%, with Monero (XMR) relatively strong, increasing by 3.43%; the CeFi sector dropped by 0.96%, while Gate (GT) rose against the trend by 2.16%; the Meme sector fell by 1.46%, with MemeCore (M) increasing by 2.49%; the NFT sector decreased by 3.85%, within which, Audiera (BEAT) continued to decline by 10.28%.

According to BBX data, yesterday global listed companies, large asset management institutions, and treasury agreements disclosed the latest developments in the purchase and reserve allocation of crypto assets, with the core information as follows:l Intesa Sanpaolo significantly reduced its holdings in Bitcoin spot ETF: Italy's largest bank Intesa Sanpaolo's 13F filing shows that as of June 30, its BlackRock Bitcoin spot ETF holdings decreased by 93.7% from the previous quarter to 40,700 shares; during the same period, Ethereum spot ETF holdings increased more than threefold to 349,600 shares.l Japan's Financial Services Agency establishes a dedicated department for crypto assets: The Japan FSA announced the establishment of the "Crypto Assets and Stablecoins Department," effective August 7, responsible for the regulation of crypto assets and stablecoins.l CleanSpark produced 586 BTC in July and sold 579: Mining company CleanSpark produced 586 BTC in July, with a total of 4,310 BTC for the year. In that month, it sold 579 BTC at an average price of $66,133; holding 13,931 BTC, with a peak hash rate of 50 EH/s.

The U.S. Department of the Treasury issued a joint statement outlining the discussions from the U.S.-UK Financial Regulatory Working Group meeting held on July 8 in London. The regulatory agencies from both sides expanded their collaboration in areas such as digital assets, stablecoins, payment modernization, AI, financial stability, capital markets, and cross-border financial cooperation. Participants included the finance departments of both countries, the Bank of England, the Federal Reserve, the UK's Financial Conduct Authority, and several U.S. financial regulatory agencies.The U.S. side introduced the implementation progress of the stablecoin GENIUS Act and the market structure for digital assets, while the UK side presented the digital strategy for wholesale financial markets. Both sides support comparable regulatory standards for stablecoins, including cross-border use, comparable treatment of similar risks, and that stablecoins used as currency should be backed by high-quality liquid assets at least on a one-to-one basis. The Federal Deposit Insurance Corporation has proposed implementation standards for the GENIUS Act, covering reserves, redemption, capital, liquidity, risk management, custody, and safekeeping.The Bank of England has released a draft rule for stablecoins that could achieve systemic scale in the UK economy, including a temporary issuance cap of £40 billion for each systemic stablecoin, unrestricted use by individuals and businesses, and reserve requirements. The Financial Regulatory Working Group is expected to hold another meeting in early 2027.

According to on-chain analyst Yu Jin's monitoring, a certain whale sold 429,000 UNI on-chain 6 hours ago, exchanging it for 929.3 ETH, worth 1.75 million USD, realizing a profit of 320,000 USD.This whale had previously purchased 629,000 UNI at an average price of 3.34 USD from June to July, spending 2.1 million USD. Recently, UNI rebounded from a low of 2.4 USD to 4.4 USD, and this whale took profit by selling 429,000 UNI at an average price of 4.09 USD.