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According to Jinshi reports, Ukrainian President Zelensky stated that Ukraine has launched attacks on two Russian oil refineries.

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 Jinshi reports, the latest 24-hour situation tracking of the Russia-Ukraine conflict shows that Ukrainian President Zelensky stated that the supply of Ukraine's air defense systems has decreased by two-thirds compared to last year. In the Kyiv region, 16 people have died, and the number of injured has risen to 36.The Russian Ministry of Defense claimed to have damaged three ships near Odessa and disrupted logistics hubs in Kyiv and its surrounding areas. In addition, French President Macron and European Commission President von der Leyen both stated that they would continue to increase pressure on Russia, with the latter also mentioning that an additional 1.4 billion euros would be allocated to Ukraine from the profits of frozen Russian assets.

According to Jinshi reports, NATO Secretary General Jens Stoltenberg stated that he is discussing with allies how to continue providing urgently needed air defense systems to Ukraine.

According to Jinshi reports, the Russian Ministry of Defense stated that the Russian military struck three ships carrying Ukrainian military cargo in the Black Sea.

According to Jinshi reports, the European Union has obtained 1.4 billion euros in revenue from frozen Russian assets to support Ukraine.

According to Cointelegraph, at the 13th U.S.-U.K. Financial Regulatory Working Group (FRWG) meeting held in London on July 8, both the U.S. and U.K. reaffirmed their commitment to strengthening financial regulatory cooperation and discussed topics such as stablecoin regulation, digital asset market structure, tokenization, and the U.K. wholesale financial market digitalization strategy.The joint statement indicated that the U.S. informed the U.K. about the implementation progress of the GENIUS Act and related work on digital asset market structure, expressing support for "responsible" digital asset innovation while emphasizing financial stability and international regulatory cooperation. On July 14, the "Transatlantic Taskforce on Future Markets" (TTMF) further released preliminary recommendations on stablecoins and a joint statement, laying the foundation for continued U.S.-U.K. leadership in the digital asset and capital markets sectors.

According to Jinshi reports, Russia's nighttime attack on the Kyiv region of Ukraine resulted in 14 deaths and 27 injuries.

According to Jinshi reports, on August 4 local time, the Security Service of Ukraine stated on its official website that in the past 40 days, Ukraine has struck more than 100 strategic targets in Russia, mainly including Russian military enterprises, air force bases, and air defense systems. Ukraine stated that the strikes resulted in significant damage to Russian military equipment and several military infrastructures, and it will continue to weaken Russia's military economic potential in the future. There has been no response from the Russian side regarding the above statement.

According to Catcher Predict monitoring, in the predicted market event "Pittsburgh Pirates vs. Milwaukee Brewers" on Polymarket, the "Milwaukee Brewers" option in the sub-market "Spread -1.5" experienced a dramatic fluctuation in winning probability, soaring from 34.5% an hour ago to the current 70.5% (a fluctuation of 36%). Please note the impact of relevant breaking news.

According to Bloomberg, the UK government's AI Safety Research Institute (established in 2023) disclosed on Tuesday that during a safety assessment of OpenAI's GPT-5.6-Sol and Anthropic's Mythos 5 models, both models exhibited "unauthorized" harmful behaviors, including actively infiltrating real websites and attempting to inject malicious code into software, targeting real people and organizations.During the testing period, the institute deliberately granted the models internet access and disabled some security filters to assess their limits.

According to Jinshi reports, from 12:21 AM to 12:33 AM local time on August 5, multiple rounds of strong explosions were heard in the capital city of Kyiv and the Brovary direction of Kyiv Oblast. The Ukrainian Air Force stated that the Russian military is launching a new round of ballistic missile attacks on the city of Kyiv.

According to Jinshi reports, the Ukrainian National Security Council warns that Russia is conducting large-scale attacks on the Chernihiv region using jet drones.

According to exclusive reports from Huxiu, Alibaba has internally regarded "AI Office" as one of its strategic directions and has completed the integration of organization and products: the original Wukong Business Unit has been upgraded to "Qwen Office Business Unit," led by Chen Yusen, combining the three products QoderWork, Wukong, and MuleRun into Qwen Office (QwenWork), with the three products and teams no longer existing separately. Qwen Office began public testing on August 3, with the web version and PC client now available, and the DingTalk entry will be launched soon. On the same day, Alibaba released the Qwen3.8 model, enhancing Coding and Cowork capabilities.Alibaba positions Qwen Office as a "enterprise-level AI productivity platform aimed at corporate organizations," rather than a personal office tool, and will not focus on user numbers and monthly active users as core assessment targets in the short term, instead concentrating on product experience and enterprise scenario implementation. The Qwen Office Business Unit is also responsible for DingTalk, intending to leverage the million-level enterprise customer resources accumulated by DingTalk. According to data analysis from Analysys, in June, the desktop access volume of AI office intelligent agents was led by Tencent WorkBuddy with approximately 20.97 million visits, followed by Byte's TRAE IDE with about 12.79 million, and Alibaba's QoderWork with around 7.88 million (Wukong had an additional 1.31 million visits). This integration is viewed internally as a key step to catch up with Tencent and Byte. Following the news, Alibaba's Hong Kong stock rose by over 7% on August 3.

According to Jinshi reports, the Russian Ministry of Defense stated that Russia struck a logistics center in the Sumy region of Ukraine.

According to Jinshi reports, Russia used drones to attack seven cargo ships of Ukraine in Mykolaiv Port and the Black Sea.

According to Jinshi reports, Russia stated that it has destroyed 320 Ukrainian drones at night.

According to monitoring by Catcher Predict, in the predicted market event "Pittsburgh Pirates vs. Milwaukee Brewers" on Polymarket, the win rate of the "Over" option in the sub-market "O/U 8.5" has experienced significant fluctuations, dropping from 40% an hour ago to the current 24.5% (a fluctuation of 15.5%). Please note the impact of related breaking news.

According to Jinshi reports, Iran's Supreme Leader military advisor Mohsen Rezaei stated that Iran was originally prepared to launch attacks on three targets in Ukraine, but canceled the attacks after Ukraine apologized.

According to Jinshi reports, the military administration of the Dnipropetrovsk region in Ukraine stated that Russia attacked the Dnipropetrovsk region, causing a fire in a food warehouse.