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Solana Optimistic Network (SOON) announced that the security incident discovered on July 12 has been investigated and resolved. The incident did not involve vulnerabilities in the SOON protocol, sequencer, or user-facing smart contracts, and no user funds were lost. SOON stated that this incident originated from security issues in the off-chain operational environment.According to an investigation by the third-party security company BlockSec, external attackers gained unauthorized access through misconfigured services and further entered part of the internal environment due to insufficient access controls. The impact of the incident was limited to certain operational infrastructure and related processes, and did not involve on-chain user assets, user smart contracts, or SOON network security. After the incident, SOON suspended the sequencer and some services, and initiated a comprehensive security review. During this period, functions such as NFT minting, token claiming, and on-chain withdrawals were temporarily shut down. Currently, SOON has restored NFT minting and token claiming functions, and has resumed mainnet RPC services and block production. The network is now operating normally.

According to token unlock data from the Crypto asset data platform RootData, Momentum (MMT) will unlock approximately 12.53 million tokens at 10:00 AM Beijing time on August 4, worth about 2.26 million US dollars.

According to on-chain analysis platform Lookonchain (@lookonchain), Bitwise has once again sold 117,917 $HYPE, worth approximately 7.05 million dollars.

On July 22, Pennsylvania State Representative Tarik Khan introduced HB 2711, co-sponsored by 24 bipartisan legislators (20 Democrats and 4 Republicans), which has been submitted to the House Consumer Protection, Technology, and Utilities Committee. The bill aims to prohibit the provision of prediction market services to Pennsylvania residents while engaging in gambling activities in the regular business of liquidity providers or market makers, extending the restrictions to parent companies, subsidiaries, affiliates, and joint ventures, and prohibits prediction platforms from sharing revenue with gambling companies.This move could impact sports betting groups like DraftKings (which has acquired CFTC-registered Railbird Technologies and launched its own DKeX exchange) and Flutter, which are entering the prediction market-making field. The bill also sets a minimum age limit of 21, prohibits contracts involving high school sports, events with minor participation, and death markets, and requires platforms to establish anti-fraud and insider information abuse protection mechanisms.The bill does not establish a licensing system, and enforcement authority is granted to the state Attorney General. Previously, the Third Circuit Court of Appeals ruled 2:1 in April that the federal Commodity Exchange Act takes precedence over state gambling laws, but Pennsylvania has joined a coalition of 40 states advocating for sports contracts to be subject to state-level regulation.

According to on-chain analyst PeckShield (@PeckShieldAlert), the Solido Money protocol suffered a vulnerability attack, resulting in approximately 293.7 million SUPRA being stolen, of which about 220 million SUPRA has been transferred to a deposit address suspected to belong to Gate exchange.According to the official report from Solido Money, about 90% of the compromised funds belong to the foundation's holdings.

It has been reported that the mayoral candidate of Incheon, South Korea, is accused of falsely reporting assets, suspected of failing to declare the spouse's cryptocurrency assets.

According to Bitcoin.com News, the Zimbabwe Securities and Exchange Commission (SECZ) has approved seven fintech companies to enter its regulatory sandbox testing framework, including the blockchain financing platform "Zimbabwe Startup Exchange," the asset tokenization platform Ndarama Standard, the synthetic trading platform Questview Brokers, the crowdfunding platform Crowdaxe Capital, as well as three institutions focused on asset, infrastructure, or securities tokenization: Procode Platforms, Financial Securities Exchange, and Colmin Resources Zimbabwe.SECZ stated that the sandbox aims to promote responsible innovation, enhance financial inclusion, and drive the development of capital markets. Participants will be subject to strict regulatory oversight, and SECZ reserves the right to issue further guidance or operational requirements.

According to monitoring by Catcher Predict, in the Polymarket event "Arizona Diamondbacks vs. Pittsburgh Pirates," the "Yes" option in the sub-market "Overtime" experienced a dramatic fluctuation in winning probability, soaring from 50% an hour ago to the current 78.5% (a fluctuation of 28.5%). Please note the impact of related breaking news.

According to monitoring by Catcher Predict, in the Polymarket event "Baltimore Orioles vs. Detroit Tigers," the sub-market "Baltimore Orioles vs. Detroit Tigers" saw the winning probability of the "Baltimore Orioles" option fluctuate dramatically, rising from 56% an hour ago to the current 93.5% (a fluctuation of 37.5%). Please note the impact of related breaking news.

Citrini analyst Jukan posted on social media that the news of China's progress in DUV lithography technology is not particularly surprising, as the market had already formed certain expectations. He pointed out that The Information's related report only cited a professor from a transportation university in China speaking at an internal meeting in June and did not disclose more substantial information. Jukan believes that the sell-off reaction seen in semiconductor equipment stocks like ASML is an overreaction to this news.According to previous reports, The Information cited sources saying that a state-owned enterprise supported by Chinese state capital has begun mass production of domestically developed DUV (Deep Ultraviolet) lithography manufacturing equipment, marking a key progress in the localization of China's semiconductor industry.Insiders stated that the enterprise plans to produce about 5 domestically made DUV lithography machines by 2026 and expand to about 20 machines by 2027. Although there is still a gap compared to the 131 immersion DUV lithography systems delivered by Dutch lithography giant ASML last year, the entry of domestic equipment into mass production is seen by the market as an important breakthrough in the localization of China's chip supply chain.

According to a report by The Information citing informed sources, a Shanghai state-owned company whose name has not been disclosed has begun producing domestically-made immersion DUV lithography machines, planning to manufacture about 5 units this year and increase to about 20 units by 2027. The first batch of equipment will be delivered to major foundries such as SMIC, Hua Hong Semiconductor, and ChangXin Technology, but the equipment still needs to undergo verification for accuracy, stability, and production line compatibility, a process that may take several months or even longer.Currently, most components of the equipment come from domestic sources, but some key parts still rely on Japan, and the performance and manufacturing quality lag behind ASML. In comparison, ASML is set to deliver about 131 immersion DUV lithography machines as early as 2025. Although domestic equipment has made the leap from prototype testing to small-scale production, there is still a significant gap before it can replace ASML on a large scale. Previously, Reuters reported that the U.S. is considering tightening restrictions on the export of lithography equipment to China and on maintenance services in China, and the delivery of domestic equipment coincides with this backdrop.

According to Cointelegraph, crypto-friendly bank-as-a-service provider Cross River will provide banking infrastructure for X Money, supporting peer-to-peer payments, FDIC-insured interest-bearing accounts, and Visa debit card services. Cross River's banking platform and payment channels will support X's "super app" strategy and are designed to scale with more financial products over time. X Money will enter limited testing in May 2025 and expand to external testing in March 2026. X has obtained money transfer licenses in over 40 states in the U.S. and is registered with FinCEN to support platform peer-to-peer payments. The announcement did not mention support for cryptocurrencies or stablecoins.

The South Korean trading platform (KRX) triggered the sidecar mechanism due to fluctuations in the KOSPI index, suspending programmatic trading for about 5 minutes.The sidecar mechanism is mainly used to respond to severe fluctuations in a short period of time, limiting only programmatic trading while manual trading can continue normally. Unlike the circuit breaker mechanism, the sidecar mechanism does not suspend trading for the entire market and is more viewed as a "speed bump" during market volatility.In contrast, the circuit breaker mechanism is typically used in extreme market conditions and, once triggered, suspends trading for the entire market to prevent panic-induced fluctuations from further escalating.

According to monitoring by Catcher Predict, in the market prediction on Polymarket for the event "Cleveland Guardians vs. Cincinnati Reds," the sub-market "First 5 Innings Spread -1.5" for the "Cincinnati Reds" option has experienced a significant fluctuation in winning probability, soaring from 41% an hour ago to the current 58.5% (a fluctuation of 17.5%). Please note the impact of related breaking news.

According to Catcher Predict monitoring, in the predicted market Polymarket for the event "Mubadala Citi DC Open: Kei Nishikori vs. Zhang Zhizhen," the sub-market "Mubadala Citi DC Open: Kei Nishikori vs. Zhang Zhizhen Second Set Winner" saw the winning probability for the option "Kei Nishikori" fluctuate dramatically, rising from 47.5% an hour ago to the current 93.5% (a fluctuation of 46%). Please note the impact of related breaking news.

NVIDIA released the open-source AI model NVIDIA Ising Calibration 1.5, designed for the automatic analysis of quantum processor (QPU) diagnostic data, and to autonomously determine device calibration schemes, achieving automation of the quantum computer calibration process. NVIDIA stated that Ising Calibration 1.5 is a visual language model (VLM) specifically designed for quantum computing calibration scenarios, capable of understanding experimental data from quantum chips and performing "zero-shot" analysis in the absence of historical cases, while also enabling context learning (ICL) with relevant experimental samples to help continuously optimize the operational state of quantum devices.In the QCalEval quantum calibration benchmark test, Ising Calibration 1.5 averaged about 10% ahead of similarly sized open-source models in zero-shot inference capability, and when using relevant experimental cases for context learning, it showed an approximately 86.5% performance improvement over the previous generation model, surpassing multiple open-source models and approaching the level of top closed-source large models. The model has 31 billion parameters and supports operation on NVIDIA Grace Blackwell and Vera Rubin data center GPUs. It also launched an NVFP4 quantized version, which can be deployed on a single consumer-grade GPU or NVIDIA DGX Spark, significantly lowering the usage threshold for quantum laboratories.NVIDIA claims that the training data for Ising Calibration 1.5 comes from various qubit architectures, including superconducting qubits, quantum dots, ions, neutral atoms, and helium surface electrons, providing calibration capabilities for different types of quantum computing devices. Industry experts believe that automated calibration is one of the key bottlenecks in the scalable development of quantum computing. NVIDIA's launch of this AI-driven quantum calibration tool signifies that AI models are beginning to extend from traditional computing domains into the quantum hardware control layer, potentially becoming an important component of the future quantum computing industry infrastructure.

The ETH/BTC trading pair has recently risen to a nearly 3-month high, indicating that Ethereum's performance relative to Bitcoin is improving. The ETH/BTC exchange rate is used to measure the strength of ETH against BTC, rather than its performance in USD.Data shows that ETH/BTC had cumulatively fallen by about 80% from 2021 to 2025, remaining weak for a long time. With the recent rebound of ETH/BTC, the market is beginning to pay attention to whether Ethereum is experiencing a recovery relative to Bitcoin. Analysts point out that the rise of ETH/BTC usually reflects an increase in risk appetite for funds and an improvement in market expectations for the Ethereum ecosystem, application demand, and future growth.

On-chain analyst Ai Yi posted on platform X, stating, "First set 10 big goals." Currently holding 3,500.414 BTC long positions, valued at 224 million USD, with an opening price of 64,074.95 USD, currently floating profit of 4.34 million USD. Five minutes ago, he closed 1 BTC. His over 190 million USD BTC long position once exited with a loss of 3.81 million USD.