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An FBI agent, Patrick Yaroch, was arrested last Friday for allegedly stealing approximately $1 million in cryptocurrency from "hostile crypto accounts." According to the submitted affidavit, Yaroch is suspected of transferring the relevant assets starting from late 2024 or early 2025. Yaroch told investigators that he discovered some keys that allowed him to transfer funds from the digital wallet to himself. He expressed frustration over his inability to further prevent personnel related to "hostile nations" from using cryptocurrency and made about a dozen transfers.Department of Justice documents show that Yaroch admitted to a Department of Justice employee that he had "made some very bad decisions" regarding issues related to crypto wallets. In another interview with federal agents, he also acknowledged that he had "screwed up." Yaroch was previously a supervisory special agent in the FBI's Counterintelligence and Espionage Division at headquarters and had also served in the FBI's Boston field office. The FBI terminated him on July 31. The investigation also stated that Yaroch mixed personal funds with cryptocurrency assets and had used ChatGPT to inquire about how to handle these funds, including how to spend or invest $1 million and whether to leave the United States for a European country.

According to Jinshi reports, on August 3 local time, the U.S. Central Command stated that the U.S. military continues to strictly enforce the maritime blockade against Iran. As of that day, the U.S. military has altered the navigation routes of 44 commercial vessels, rendered 2 vessels incapacitated, and boarded and inspected 2 vessels.

According to a report by LatePost, Ant Group's embodied intelligence company Lingbo Technology has launched its first round of financing, aiming to raise 1.5 billion yuan, and is striving to complete a second round of financing by the end of this year. The report points out that Lingbo has currently formed a relatively complete layout in the brain chain related to robot perception, understanding, and action, covering areas such as vision, depth, mapping, video, world models, VA, and VLA, thus attracting the attention of several investment institutions before the financing launch.The report states that funds in the embodied intelligence sector are currently accelerating towards the "embodied brain" direction. Ant Lingbo is seen as Ant Group's core vehicle in the fields of embodied and physical AI, and Ant will continue to provide support in areas such as AI infrastructure, data assets, and application scenarios. One of the core goals of this round of financing is to accelerate the development of Lingbo's embodied brain. The report also mentions that Lingbo's future valuation will depend on model generalization capabilities, real deployment and data flywheel, as well as whether it can grow into a global physical AI foundational model platform.

According to Gate market data, the Nikkei 225 index opened down 659.27 points on August 3 (Monday), a decrease of 1.02%, reporting at 63,702.75 points.The South Korean KOSPI index opened down 217.22 points on the same day, a decrease of 3.29%, reporting at 6,378.23 points. SK Hynix fell by 4%, and Samsung Electronics fell by 5%.

CryptoQuant analyst Darkfost posted on the X platform, stating that short-term holders (STH) transferred over 32,000 BTC to exchanges, and all these bitcoins were sold at a loss.This event has become one of the largest short-term holder loss sell-off events in the past 30 days. It indicates that market chips are shifting from more confident long-term holders to short-term holders.

According to Jinshi reports, U.S. Secretary of State Rubio stated in an interview with Fox News that due to Washington's military strikes, Iran is now more willing to negotiate on issues including its nuclear program and the Strait of Hormuz. Rubio reiterated that the U.S. strikes have destroyed Iran's navy, air force, and missile defense systems, and have "severely weakened" its defensive capabilities. He pointed out that Iran no longer has a "conventional shield," which has changed the negotiation landscape, making Iran more willing to reach agreements on denuclearization and the Strait issues.

According to the New York Post, a blockchain entrepreneur is accused of embezzling over $5 million from his own company and deleted 194 expense records before suddenly resigning.57-year-old Dionysios "Dean" Karakitsos is accused of draining Bitquery Inc. (a company that tracks cryptocurrency values and fund flows). A related lawsuit has been filed in Manhattan Supreme Court.Karakitsos is a co-founder of the company and served as CEO, director, and financial officer until 2025. He is accused of continuously transferring company funds into his personal accounts over the years. Karakitsos later operated a prediction market platform called Assymetrix.Bitquery filed a lawsuit in June seeking the return of at least $5 million allegedly stolen. The company stated that it is seeking additional compensation to cover legal fees.

Michael Saylor posted on the X platform stating that BIP-110 signaling was voluntary before block 961,632. From block 961,632 to 963,647, its software will reject every block that does not signal.Any "100% signaling" displayed during this window reflects this rule, rather than voluntary support from miners or Bitcoin consensus.

A photo taken by Reuters shows U.S. Treasury Secretary Janet Yellen attending a cabinet meeting with President Trump at Camp David on Friday local time, where a "to-do list" on her notepad was exposed, stating "Buy yen 5-10 billion."The photo was taken during a media-accessible portion of the meeting, at 11:33 AM Eastern Time (11:33 PM Beijing Time). Yellen's name tag was conveniently located at the top of the notepad, clearly visible. A spokesperson for the U.S. Treasury Department did not respond to requests for comments regarding the contents of the notepad or whether intervention measures had been taken on Friday.According to the Financial Times, the U.S. Treasury intervened in the yen exchange rate on Friday local time, marking the first joint effort by the U.S. and Japan in nearly 30 years to support the yen through direct purchase operations. Three informed sources revealed that the New York Fed executed an unusual operation on behalf of the Treasury—selling euros to buy yen, with two of the sources stating that the transactions were completed through Goldman Sachs and Morgan Stanley.Prior to the action, the U.S. Treasury had informed several Wall Street banks that it was considering intervening in the yen. The last time the U.S. Treasury intervened in the yen was back in 2011, but at that time, the direction was to sell yen.

According to Jinshi, U.S. President Trump praised Nvidia (NVDA.O), calling it a leader in technological innovation and emphasizing the company's important contributions to advancing artificial intelligence and graphics processing technology.

According to Gate market data, the Philadelphia Semiconductor Index nearly erased its intraday gains, which had previously risen by about 5%. SanDisk (SNDK.O) fell by about 7%, Micron Technology (MU.O) dropped over 4%, and SK Hynix (SKHY.O) declined over 2%. The Nasdaq Composite Index is currently down about 0.2%.

According to monitoring by Lookonchain, Changxin Storage has now entered its 5th trading day, with the price rising above 8 dollars, currently favoring the bulls in the long-short battle.A certain whale has shorted 2.9 million Changxin Storage shares, worth 23.54 million dollars, currently facing a loss of 4.67 million dollars and has paid 1.42 million dollars in funding fees; another whale has gone long on 1.63 million Changxin Storage shares, worth 13.27 million dollars, currently making a profit of 2.46 million dollars and has received 823,000 dollars in funding fees.

According to Cointelegraph, the Ontario Securities Commission (OSC) investigation shows that the cryptocurrency ownership rate in Canada has risen from 10% in 2023 to 25% in 2026. The survey was conducted from December 2025 to January 2026 with 2,360 respondents aged 18 and older, finding that 59% of respondents are aware of crypto assets, and 25% own crypto assets.The survey also indicated that investors' risk awareness has increased, but industry awareness remains limited—about 50% of holders check whether a platform is registered before using it, but many investors have misunderstandings about regulation, insurance protection, and trading capabilities. The Canadian federal government proposed a bill in April to ban political donations in crypto assets and crypto ATMs.

According to Jinshi reports, South Korea's foreign exchange authorities conducted a rare dollar-selling intervention on Thursday.

According to Bloomberg, the Internal Revenue Service (IRS) has warned cryptocurrency holders that scammers are contacting some taxpayers by mailing fake letters in an attempt to steal their digital assets or personal data. The IRS stated that these letters may ask taxpayers to register for a so-called "Digital Asset Compliance Portal," which does not exist. The IRS also reminds users not to scan suspicious QR codes and not to answer or cooperate with calls requesting payment.While phishing and digital scams are not new in the cryptocurrency industry, sending fake IRS notices through physical mail seems to be a new scam tactic. Since the IRS has indeed sent letters related to digital assets to taxpayers in the past, and last year saw a surge in cryptocurrency tax filing notifications, many taxpayers are confused, which may lead scammers to exploit this familiarity for disguise. As the U.S. tax system requires taxpayers to disclose cryptocurrency activities on their tax returns, communication between the IRS and cryptocurrency holders has become more common. This also makes counterfeit tax notices more misleading. For cryptocurrency users, encountering "IRS letters" involving portal registration, QR code scanning, wallet connections, or payment requests should be treated with caution, and verification should be done through official channels.

According to the Korea Herald, the Korea Exchange conducted an internal review on July 29 regarding the technical feasibility and system requirements for a temporary ban on short selling and narrowing the price limit (currently at 30%) to address the recent severe fluctuations in the stock market. Sources familiar with the matter stated that "only technical feasibility was confirmed," and it was not a prerequisite for implementation, but rather a screening process during the review of available emergency measures.Recently, the South Korean stock market has continued to plummet, causing increasing damage to individual investors. During a meeting of the National Assembly's Administrative Committee, several lawmakers urged authorities to consider a temporary ban on short selling and to restart the Securities Market Stabilization Fund. A national petition to suspend short selling garnered over 10,000 signatures within two days of being made public. However, the ban on short selling conflicts with South Korea's goal of being included in the MSCI developed market index; a previous 17-month short selling ban from November 2023 to March 2025 had led to MSCI downgrading South Korea's market accessibility rating. The exchange's officials stated that they have not received any related requests from the government and have not formally discussed a short selling ban.

The U.S. District Court for the Eastern District of Wisconsin dismissed the CFTC's request for a preliminary injunction to prohibit Wisconsin from enforcing sports-related event contracts on platforms such as Kalshi, Coinbase, Robinhood, Polymarket, and Crypto.com. The court found that the CFTC failed to demonstrate a likelihood of success on its claim—that the Commodity Exchange Act (CEA) defines "swaps" to include sports event contracts—and that gambling regulation falls within the traditional police powers of the states, with federal law not clearly indicating an intent to preempt state law.Additionally, the court also denied the intervention requests from Kalshi, Crypto.com Derivatives North America (CDNA), and the American Gaming Association (AGA). The substantive litigation between the CFTC and the state of Wisconsin will continue to proceed.

According to Gate market data, from July to date, the equal-weighted Nasdaq 100 Index has underperformed the equal-weighted S&P 500 Index by 6.8 percentage points, marking the worst single-month relative performance on record.The equal-weighted S&P 500 Index has risen by 2.2% this month, while the equal-weighted Nasdaq 100 Index has fallen by 4.6%. Investors are cashing out of tech stocks at a record pace.