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According to Jinshi, the Federal Reserve accepted a total of $2.551 billion from 3 counterparties in its fixed-rate reverse repurchase operation.

According to Jinshi reports, the central bank announced that it will conduct a 500 billion yuan reverse repurchase operation on August 5, with a term of 3 months. Meanwhile, in international news, data from the Bank of Japan indicates that Japan may not have intervened in the foreign exchange market on Monday.U.S. Treasury Secretary Yellen stated that the U.S. will take all necessary measures to support the yen and mentioned that a deal with Iran might be reached tomorrow to open the Strait of Hormuz.

According to the Wall Street Journal, Wells Fargo plans to launch Tokenized Deposits services aimed at corporate clients, further exploring the application of blockchain technology in the traditional financial system.Wells Fargo stated that the tokenized deposit system will operate on its self-developed blockchain network and support interoperability with other blockchain networks.Tokenized deposits represent bank deposits in a digital form on the blockchain, allowing for faster and more transparent transfers of funds on-chain, while still being supported by the bank's deposit system.This move signifies that large banks are accelerating the construction of blockchain infrastructure and exploring on-chain financial applications in scenarios such as corporate payments, fund management, and inter-institutional settlements.

According to The Block, Texas Governor Greg Abbott ordered the Public Utility Commission (PUCT) and the grid operator ERCOT to conduct audits on all data center projects in the queue within the state this week. ERCOT subsequently suspended the "Batch Zero" large electricity approval process, which was scheduled to announce results this month.Currently, data center applications account for about 90% of the 474 GW interconnected queue of ERCOT.Bernstein analysts noted in a client report released on Tuesday that this regulatory review will suppress speculative development and compress the supply of new electricity capacity, thereby enhancing the scarcity value of approved electricity capacity, benefiting existing Bitcoin mining companies and AI operators.The report specifically mentioned that Cipher Digital (CIFR), CleanSpark (CLSK), and Core Scientific (CORZ) are significantly affected by the audit, as their recent expansion plans rely on access to the Texas grid; while Terawulf (WULF) has a stronger risk resistance due to its power assets being distributed across multiple states, including Kentucky, Maryland, and New York; Riot Platforms (RIOT) and IREN benefit from already having large-scale approved operating assets in ERCOT.

According to reports from Huxiu Technology, Jieyue Xingchen is advancing along two strategic lines: one centered around large models, and the other focused on intelligent terminal devices. The mobile phone business has been placed under the independent company "Zhiyue Xingchen," operated by a team with backgrounds in Huawei and Honor, led by terminal president Ni Jiayue. Jieyue's first intelligent terminal phone STEPX Neo was unveiled during WAIC, but the price and mass production schedule have not been announced. Huxiu has learned that Jieyue is building an overseas commercialization team, planning to sell large model APIs (primarily voice models) overseas, and mobile phones will also be included in the overseas sales plan.Jieyue Xingchen's chairman Yin Qi previously attempted the "AI + car" path at Qianli Technology (formerly Lifan Technology), and this time, using mobile phones as the first piece of the terminal strategy aims to establish a closed-loop system of "model---operating system---terminal." The phone is equipped with the Step AOS intelligent terminal operating system, positioned as a carrier for intelligent terminal services, with the business model ultimately returning to Token consumption. Jieyue also maintains model collaborations with 60% of top domestic mobile phone brands, with existing installations exceeding 42 million units, but the potential competitive relationship with its own mobile phone business remains unclear. As of the time of publication, Jieyue Xingchen has not commented.

According to South Korean media Asiae, the operator of the South Korean cryptocurrency exchange Upbit, Dunamu, announced that it has made an additional investment in the medical big data company Inocras through its investment subsidiary Dunamu & Partners, bringing the total investment amount to 14.5 billion Korean won.

According to Jinshi, the Federal Reserve accepted a total of $2.127 billion from 4 counterparties in its fixed-rate reverse repurchase operations.

POAP founder Isabel announced that after more than 5 years of operation, the POAP project will gradually come to an end.Isabel stated that over the past few years, POAP has minted millions of digital collectibles in hundreds of communities and collaborated with global institutions such as Coinbase, Amex, Warner Music Group (WMG), and Bayer. Additionally, POAP completed large-scale applications during the Devcon event, minting over 8,000 collectibles in one week, and launched the Airport Rally event, allowing collectors worldwide to obtain POAP at airports.Isabel noted that POAP holds special significance for many, but due to the impact of the financing cycles and distribution models in the crypto industry, it has become difficult to establish a sustainable business model without sacrificing the project's core philosophy. At the same time, the rapidly changing technological infrastructure and market cycles have also increased operational challenges.She summarized POAP's experience by stating that user communities are the most undervalued assets of a business, and truly valuable products can spread the brand through users; connecting with users remains a core value that should not be overshadowed by short-term technological hype and price speculation; in a rapidly changing market environment, long-term accumulation and brand trust will become important moats.Isabel mentioned that there are currently no decisions made regarding the next steps, but she is contemplating the development direction of the Go-To-Market (GTM) model for businesses in the AI era.

The 10-Q document submitted by 0G Treasury Company ZeroStack to the U.S. Securities and Exchange Commission (SEC) shows that as of June 30, the company had a cash balance of $2.6 million, a working capital of negative $600,000, a cumulative loss of $339.1 million, and confirmed a fair value loss of $82.5 million on digital assets, expecting a net loss of $61.3 million in the first half of 2026.The financial report indicates that as of June 30, ZeroStack held 75.1 million 0G (Zero Gravity) tokens, with a total cost of $163.3 million, but a fair value of only $15.2 million, representing a decrease of about 91% from the book cost. The company stated that its current operations mainly rely on 0G staking rewards and token sales, and its future financing ability will also depend on the price performance of 0G and market trading liquidity.Public information shows that ZeroStack is a publicly listed treasury company with 0G as its core reserve asset, and is not the official or development team of the 0G project. The company participates in the ecosystem through large-scale holdings and staking of 0G, and its operational status is highly correlated with the price trend of the 0G token.

According to Jinshi reports, Iranian Foreign Ministry spokesman Baghaei stated that Iran is cooperating with Oman to establish a temporary security corridor in the Strait of Hormuz.

According to Jinshi, the China Securities Regulatory Commission and the Hong Kong Securities and Futures Commission jointly announced new measures to deepen practical cooperation and closely coordinate development between the two markets, covering various areas such as listing financing, index cooperation, futures products, exchange-traded funds (ETFs), internationalization of financial institutions, green finance, and facilitation of professional qualifications.

According to Jinshi reports, the UK Maritime Trade Operations Office stated that an incident occurred 20 nautical miles northeast of Seeb, Oman. The captain of a tanker reported hearing an explosion near the vessel.

According to Jinshi reports, the spokesperson for the Iranian Foreign Ministry stated that any country cooperating with or conspiring to attack Iran will face Iran's legitimate defense.Countries providing bases or military and logistical facilities to the aggressor will be regarded as aggressors.

According to Jinshi reports, the U.S. Central Command stated that a U.S. Marine Corps F-35C stealth fighter jet took off from the USS Abraham Lincoln (CVN 72), which is sailing in the Arabian Sea to support the U.S. blockade operations against Iran. As of August 2, the Central Command has redirected 35 merchant vessels, rendered 2 merchant vessels inoperable, and boarded 2 vessels for inspection.

Bloomberg senior ETF analyst Eric Balchunas commented on the Coldcard wallet security incident, saying, "I just learned that the Coldcard team has only 5 employees. For such an important company, this number is really too low. Would you be willing to use a bank with only 5 people working to store your life savings? Maybe this is a feature in the cryptocurrency space, but to me, this is clearly a warning signal."Balchunas further stated that, in contrast, institutions like Coinbase and Ledger, which have larger teams, may have advantages in security investment and operational capabilities, even if users have to bear higher transaction costs. A Bitcoin ETF offers another option: investors can obtain security guarantees provided by large, professional, regulated financial institutions while enjoying lower management fees.

According to Livecoins, Brazilian police discovered a hidden illegal Bitcoin mining operation at a recycling station during a routine inspection targeting the theft and sale of scrap metal. Approximately 15 ASIC miners and 3 servers were seized on-site, with the total value of the equipment estimated to exceed 200,000 reais (about 39,400 USD).Bitcoin mining is not illegal in Brazil itself, but these devices were illegally tapping into electricity, with local power company Cemig estimating a monthly loss of about 60,000 reais (about 11,800 USD). A 37-year-old employee of the recycling station was unable to explain the source of the equipment and did not provide an invoice, leading to his arrest on charges of theft and trafficking. The police have also filed cases against a 31-year-old man and woman responsible for the business.The police stated that they are currently investigating the flow of the mined cryptocurrency.

GameFi project DeFi Kingdoms announced that its DFK Chain, based on Avalanche L1 (formerly Avalanche Subnet), will officially cease operations on August 28, 2026.The team stated that they will prioritize the secure migration of player assets to Avalanche C-Chain and plan to open the SDK to allow third-party developers to build on the systems, mechanisms, and assets of DeFi Kingdoms.The official emphasized that it is the DFK Chain that is ceasing operations, not the DeFi Kingdoms project itself, and more details about the asset migration will be announced in the coming weeks.

According to NexBlock, the trading volume in South Korea's virtual asset market continues to shrink, and the competitive landscape among the five major won exchanges is changing. During this market downturn, funds are further concentrating on platforms with leading liquidity, while small and medium-sized exchanges are seeking breakthroughs through partnerships with securities companies, institutional market layouts, and operational restructuring. In the future, the focus of competition will no longer be solely on trading volume, but also on stablecoin liquidity, traditional financial cooperation, institutional market expansion, and regulatory compliance capabilities.Data shows that in the first half of this year, the five major won exchanges in South Korea (Upbit, Bithumb, Coinone, Korbit, Gopax) had a total trading volume of approximately $366.58 billion, a year-on-year decrease of 54.6%.From July 1 to 27, the five major exchanges had a cumulative trading volume of about 17.34 trillion won, a decrease of 16.9% compared to the same period last month. Among them, Upbit's trading volume was approximately 11.69 trillion won, which, although down 10%, increased its market share from 62.3% to 67.4%; Bithumb's trading volume fell to 4.71 trillion won, with its share dropping from 30.7% to 27.1%, widening the gap between the two to 40.3 percentage points.

According to Jinshi reports, the Federal Reserve accepted a total of $2.151 billion from 4 counterparties in the fixed-rate reverse repurchase operation.