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On-chain analysis platform Santiment's monitoring data shows that PEPE's net outflow from exchanges reached 45.4 trillion coins in a single day, setting the largest single-day outflow record since November 14, 2024. A large number of tokens are being transferred from exchanges to private wallets, significantly reducing the circulating supply available for immediate sale.Meanwhile, Nansen data shows that the top 100 PEPE holding addresses have cumulatively increased their holdings by 6.07% over the past 30 days, raising the total holdings to approximately 85.97 trillion coins; Smart Money addresses have seen their holdings surge by 307% during the same period, highlighting an increasingly evident trend of supply concentrating among long-term holders.

According to Dealstreetasia, Singapore-based AI infrastructure startup Acrab announced the completion of a $130 million Series B funding round, with participation from Vertex Growth and others. To date, the total funding raised has exceeded $480 million.The company has built a full-stack AI computing platform that includes self-developed chips, edge AI models, and software orchestration to support the real-time operation and task execution of AI Agents. The new funds will be used to expand product capacity, enhance the technology ecosystem, and accelerate the development of the next-generation AI computing platform.

According to Cryptopolitan, the U.S. Senate will enter a recess on August 7, and the window for the CLARITY Act to pass before then is extremely limited. If a vote is not completed this week, the next feasible window will be pushed to September, and if missed again, it may be delayed until after the midterm elections, potentially not being realized until 2027. The main disagreement in the bill currently lies in the Democrats' insistence on including ethical provisions for cryptocurrency professionals targeting senior government officials, but the merged draft has not yet incorporated relevant statements.During this regulatory vacuum, large institutions like Coinbase and Circle are better able to adapt to uncertain environments due to their capital strength—ARK Invest increased its holdings in the aforementioned two companies this week, and Circle also received approval for a federal national trust bank license in July—while small and medium-sized cryptocurrency companies and DeFi projects continue to face pressure. In terms of the market, Polymarket data shows that the probability of the CLARITY Act passing in 2026 has dropped to 23%, a significant decline from the 67%–75% predicted by Galaxy Research in mid-May.

FlashRescue co-founder @DarcyAri posted on the X platform that recently, during a joint investigation with partners on a case, Tether experienced a transfer of funds from one address during the execution of a proposal to freeze addresses, resulting in a decrease in the frozen amount. Further review by FlashRescue revealed that this is not an isolated incident. As of August 3, 2026, through an analysis of 2,955 Tether freeze events on the Ethereum and Tron networks, it was found that among addresses involved in risks such as entity sanctions, fraudulent activities, money laundering, FATF blacklist jurisdictions, and malicious attacks: 60 addresses cleared their assets and completed front-running transfers before the formal execution of the freeze, with a total net outflow of 20,429,847 USDT, starting transfers an average of 13 minutes and 59 seconds after the freeze proposal was submitted, and completing the main fund transfers within 15 minutes and 15 seconds; additionally, 113 addresses transferred some assets before the freeze was executed, involving approximately 35,524,300 USDT.The average time from the submission of the freeze proposal to the formal execution of the freeze by Tether is 2 hours, 16 minutes, and 15 seconds, indicating a long time window between the public announcement of the freeze proposal and its actual execution. On July 3, a cluster of addresses transferred funds continuously within minutes and then split the transfers to the same address. The above cases suggest that some high-risk addresses may be actively monitoring Tether freeze proposals and utilizing the time difference between the public announcement of the proposal and the actual effectiveness of the freeze to implement front-running transfers. This mechanism leads to the failure of freezing the involved funds and undermines the actual effectiveness of sanctions, anti-money laundering, and law enforcement cooperation measures.

According to Hong Kong 01, the Hong Kong police updated information regarding the virtual currency Fun Coffee scam, revealing that as of August 5, a total of 255 related reports had been received, an increase of 30 from earlier, with total losses rising to approximately HKD 104 million. In addition, the Macau police arrested two women involved in 9 cases amounting to about 3.6 million Macau patacas.Regarding TVB artists who have hosted activities related to the Fun Coffee scam, the Hong Kong police stated that during the investigation, they would definitely contact the victims and relevant individuals to identify the mastermind behind the scam and their roles. Fun Coffee claims to be a large coffee investment enterprise in Phu Quoc, Vietnam, with a capital scale exceeding USD 1 billion. It entered the Hong Kong market by the end of 2025, packaging its image through marathons, banquets, social events, distributing flyers, and inviting artists to promote it, while registering a company, opening offices, and stores in Hong Kong. The actual operation was to lure citizens into downloading the app to complete tasks under the guise of investing in high-tech coffee equipment, gene optimization technology, and agricultural equipment, using Tether (USDT) and other cryptocurrencies for deposits. The platform promised annual returns of up to 197%--278%, with higher returns for larger amounts and longer deposit periods, and set up a commission structure to encourage recruitment. In July 2026, the Hong Kong Securities and Futures Commission listed it as a suspicious investment product. In late July of the same month, the app suddenly ceased operations, withdrawals became impossible, customer service went offline, and the offices and stores were vacated, leading to the collapse of the scam.

AIX Ventures co-founder Shaun Johnson announced the launch of a $100 million artificial intelligence fund, 224 Ventures, which currently manages assets of approximately $100 million. The fund plans to invest between $1 million and $5 million in AI-native teams, with investment directions covering AI applications, robotics, infrastructure, and core intelligence fields.The fund has 244 LPs, most of whom come from the AI industry, including researchers, product and engineering leaders, as well as corporate AI and data executives. Former Meta Chief AI Scientist and Turing Award winner Yann LeCun and former Google DeepMind researcher Oriol Vinyals also announced their joining to co-lead the fund. Yann LeCun currently also serves as the Executive Chairman of AI startup AMI Labs, which focuses on "world model" technology and has completed over $1 billion in seed financing.

According to on-chain analyst Yu Jin's monitoring, a certain whale shifted from cutting losses on SPCX to MU, withdrawing 8,000 MUB (7.69 million USD) from Binance 20 minutes ago.

The B.AI platform's "Self-Selected Service Provider" lineup has completed a new round of expansion, adding the Nebula channel and launching ultra-low discounts starting at 10%, further reducing API call costs. Currently, the "Self-Selected Service Provider" model covers mainstream large model series such as Claude, GPT, and Gemini, allowing users to flexibly choose service providers based on demand and settle according to actual discounts. B.AI will also introduce more high-quality service providers in the future, continuously enriching model choices and discount combinations. Users can now log in to the B.AI platform to customize their exclusive model combinations and immediately start an AI calling experience with exceptional cost-effectiveness.

According to Caixin, as the CRS information exchange becomes normalized, tax authorities can fully obtain data on dividends and cash value from overseas insurance policies, gradually filling the gaps in tax administration. The taxation of insurance benefits from overseas income has now been initiated.In addition, the CRS, as the "eye in the sky" of the global tax system, is also being upgraded according to schedule, with CRS 2.0 approaching. Key changes include incorporating crypto assets, central bank digital currencies (CBDC), and specific electronic currency products into the definition of financial assets, aligning with the trend of digital assets gradually merging with the mainstream financial world. Overall, from multiple dimensions such as overseas stock trading, overseas insurance, and offshore trusts, the iteration of CRS 2.0 and the tightening of overseas income tax collection mechanisms resonate with each other, mutually supporting and enhancing the effectiveness of cross-border tax source regulatory constraints.

The issuer of the Japanese yen stablecoin, JPYC, announced the completion of its Series B expansion financing, raising approximately 6 billion yen in total. The company stated that the funds will primarily be used to expand the financial and Web3 ecosystem, accelerating the social application of the yen stablecoin "JPYC."

According to the ranking data from RootData's stock derivatives exchange, as of the time of writing, the exchange with the largest spread among the listed exchanges is BingX, with a spread of 0.307%; the exchange with the lowest weighted depth ±2% among the top ten is XT.COM, at only $210,500.It is reported that this spread is the weighted spread based on 24-hour trading volume, and a higher value usually indicates higher trading costs. The weighted depth ±2% represents the ±2% order book depth of all stock derivatives on the exchange, calculated based on 24-hour trading volume, with the highest weight for a single contract being 30%. A lower value means greater price fluctuations when large orders are executed.

Japanese NAND manufacturer Kioxia is accelerating its layout in the AI NAND market. This year, it has launched mass production of the 10th generation (BiCS 10) 332-layer 3D NAND and based on this, introduced the PCIe 6.0 supported data center eSSD "CM10," which has improved sequential read performance by up to 92% compared to the previous generation. In addition, Kioxia plans to start mass production of UFS 5.0 embedded storage by the end of this year, with data transfer speeds approximately doubling compared to UFS 4.1, primarily targeting the AI mobile device market. According to TrendForce data, Kioxia's global NAND market share in the first quarter of this year was 13.9%, ranking third, following Samsung Electronics (31.6%) and SK Hynix (17.6%).Korean manufacturers are also quickening their pace. Samsung has begun mass production of the PCIe 6.0 eSSD "PM1763" last month, equipped with the 9th generation V-NAND and a 4nm controller, with plans to mass produce UFS 5.0 in the fourth quarter. Samsung also announced that it will start mass production of the 10th generation V-NAND (approximately 430 layers) this month, applying hybrid bonding and triple stacking technology for the first time. Industry analysts believe that Kioxia is quite competitive in terms of the speed of technological iteration, but its production capacity still lags behind Korean manufacturers, and competition in the AI storage market will become even more intense in the future.

According to Jinshi reports, Guangdong Province is publicly soliciting opinions on the "14th Five-Year Plan for the Development of the China (Guangdong) Pilot Free Trade Zone (Draft for Comments)," which aims to orderly expand financial openness and promote the expansion of pilot projects for cross-border payments using digital RMB.The plan mentions supporting the establishment of headquarters for international financial institutions, promoting innovative businesses such as cross-border finance and green finance, and deepening pilot projects for the transfer of cross-border credit assets.

According to Onchain Lens monitoring, Hyperliquid has burned approximately $1.28 million worth of HYPE in the past 24 hours.In the latest reporting window, Hyperliquid generated $1.65 million in fees. Hyperliquid has historically burned a total of 47.53 million HYPE, worth approximately $2.68 billion, accounting for 4.75% of the maximum supply of 1 billion tokens.

According to the Financial Times in the UK, scammers are exploiting the new EU MiCA regulations to target users who are forced to withdraw assets from unlicensed crypto platforms after the licensing deadline. The fraudsters impersonate regulatory agencies and crypto exchanges to lure users into transferring funds to fake accounts.

According to the Procuratorial Daily, an employee of a company in Shenzhen, under the pressure of over 400,000 yuan in online loans, stole the company's core research and development materials and disguised himself as an overseas hacker, demanding a ransom of 0.88 bitcoins and 90,000 USDT from the company. He was ultimately sentenced to three years and three months in prison for attempted extortion and fined 10,000 yuan.

According to Coinglass data, the cryptocurrency Fear and Greed Index is currently at 26, down 2 points from yesterday. The average over the past 7 days is 26, and the average over the past 30 days is 26.

On August 6, according to WEEX TradFi market data, the precious metals sector continued to strengthen after yesterday, with funds reallocating around safe-haven demand. Among them, GOLD (PAXG) rose over 4.88% in 24 hours, SILVER (XAG) rose over 4.71% in 24 hours, and PLATINUM (XPT) rose over 2.30% in 24 hours, with gold, silver, and platinum all warming up simultaneously. WEEX Labs believes that this round of increase is mainly driven by repair trading after the pullback, as the market weighs geopolitical risks, changes in the dollar, and U.S. Treasury yields, with gold's safe-haven and diversification attributes gaining attention. The WEEX TradFi trading carnival season is underway, with zero slippage protection, first order compensation, and newcomers receiving 200 USDT.

According to Jinshi News, the CEO of DBS Bank stated that he does not expect the Federal Reserve to raise interest rates this year, but will trade based on market expectations.