Odaily News: U.S. initial jobless claims for the week ending August 1 were 199,000, compared with expectations of 202,000, and the previous week's figure was revised to 198,000 from 197,000. (Jin Shi)

Odaily News Tether officially announced that its asset tokenization platform, Hadron by Tether, has reached a strategic partnership with Saudi fintech company First Advanced Data for Artificial Intelligence (First Data) and BKN301. The collaboration will leverage Hadron as the core technology platform to drive the tokenization of institutional-grade real estate assets in Saudi Arabia.

Under the terms of the agreement, First Data will act as the issuer of tokenized real estate assets and manage primary market operations; Hadron will provide asset issuance, management, and full lifecycle infrastructure; BKN301 will handle banking system integration, payments, compliance, and operational integration. Tether stated that this project aligns with Saudi Arabia's "Vision 2030," and future business is expected to expand into other real-world asset (RWA) sectors such as energy and infrastructure.

Odaily Planet Daily News Bitcoin mining company Cipher Digital disposed of 1,619 Bitcoin for $123.4 million, confirming a loss of $47.7 million. Company disclosures show that interest expenses for the period reached $66.7 million, while mining revenue was $24.8 million, a ratio of approximately 2.7 to 1.

As of the end of June, Cipher Digital held 646 Bitcoin, valued at $37.8 million. The company's quarterly mining revenue declined compared to $43.6 million in the same period last year, recording a loss of $23.5 million in the second quarter. (Cryptoslate)

Odaily News: US Treasuries came under pressure in early New York trading. Google announced the launch of a 10-part bond offering, weighing on the long end of the yield curve and pushing the 2s10s and 5s30s spreads to intraday highs. On the short end, reports suggested that Fed Chair Kevin Warsh "would be prepared to raise rates at the September meeting" if upcoming inflation data over the next few weeks runs hot.

Following the reports, short-term Treasury yields moved higher. Yields rose 3 to 4 basis points across the board, with long-dated bonds leading the decline. The 2s10s and 5s30s curves steepened by about 1 basis point to their widest levels of the day. The 10-year Treasury yield climbed to approximately 4.65%, up 3.5 basis points on the day. Google's bond issuance spans multiple maturities, ranging from the shortest at 2 years to the longest at 40 years. Rate markets currently price in around 15 basis points of rate hike expectations for September, with cumulative hike expectations of roughly 33 basis points by year-end.

Odaily Planet Daily News The CSRC (China Securities Regulatory Commission) disclosed a major development on its official website today: Shanghai Turing Quantum Computing Technology Co., Ltd. has submitted its filing for guidance to the Shanghai Securities Regulatory Bureau and signed an agreement with Guotai Haitong Securities, officially taking the first step toward an A-share listing. With Turing Quantum entering the race, competition in the "quantum computing listing year" of 2026 is intensifying, as leading companies in both the superconducting and photonic quantum tracks are rapidly initiating their IPO (Initial Public Offering) processes.

Odaily News - Google parent Alphabet (GOOG.O) has begun marketing a U.S. investment-grade bond issuance, testing investor appetite for its debt financing after raising its 2026 capital expenditure outlook and triggering a selloff in AI-related bonds. According to a person familiar with the matter, Alphabet plans to issue up to 10 tranches of bonds with maturities ranging from 2 to 40 years. The person said initial pricing guidance for the longest-dated bonds is approximately 1.55 percentage points above comparable Treasury yields.

Odaily Planet Daily News   According to the latest report from Chainalysis, violent robberies targeting cryptocurrency holders in the first half of 2026 (referring to incidents where victims are forced to transfer crypto assets through kidnapping, home invasion, coercion, and other means) have already caused over $30 million in property losses. Based on current trends, annual losses could exceed the historical record of $58 million set in 2025.

The report notes that France has become a hotspot for such attacks, with one contributing factor being the leakage of information on high-net-worth crypto investors by French tax authorities, which has further broadened the pool of targets for criminals. Chainalysis also stated that such violent crimes are increasingly affecting victims' family members, with the proportion of home invasion and kidnapping cases continuing to rise. (The Block)

Odaily News Russia's Moscow Exchange (MOEX) is preparing to launch a digital custody platform (digital depository institution) for cryptocurrency trading. Sources say the project is still in the development stage and is expected to go live as early as late 2026 to early 2027.

It is reported that the digital custody platform will not be built on the foundation of the Moscow Exchange itself or its subsidiary, the National Settlement Depository (NSD), but will operate as a brand-new independent structure. As Russia's digital currency regulatory framework is expected to partially take effect on September 1, the market still lacks a clear solution for crypto asset custody and registration mechanisms. Several technical models are currently being discussed within the industry. One approach involves establishing multiple crypto asset liquidity hubs, where brokers can either connect to the Moscow Exchange's digital custody platform or conduct related business through their own digital custody systems. Another approach could see trading platforms handle order matching, while the storage and registration of crypto assets are completed by digital custodians under banks or brokers.

Previously, several major Russian banks, including Sberbank, VTB Bank, T-Bank, and Alfa-Bank, have all expressed plans to launch digital custody services. With the Moscow Exchange entering this arena, competition among traditional financial institutions is expected to intensify, potentially driving further improvements in crypto asset services. (RBC)

Odaily News: According to Al Arabiya TV, Iran announced it will soon issue a joint statement with Oman regarding the transit corridor of the Strait of Hormuz.

Odaily Odaily News: Wall Street investment firm Bernstein has reaffirmed its "Outperform" rating on stablecoin issuer Circle Internet Financial, maintaining a $140 price target.

Bernstein stated that Circle's second-quarter performance effectively addressed previous market concerns regarding intensifying stablecoin competition and the growth potential of reserve asset income. Analysts believe that Circle's expanding partnerships, regulatory licensing progress, and the upcoming Arc blockchain project will bring new revenue streams to the company—growth drivers that are not yet fully reflected in current market expectations.

As the stablecoin market continues to expand, Circle is expected to further broaden its business model through payment infrastructure, on-chain financial services, and ecosystem collaborations, with its future growth potential still underestimated by the market. (The Block)

Odaily News: On-chain security firm PeckShield (@PeckShieldAlert) monitoring shows that an attacker, through controlling address 0x920d…9708, stole approximately 500,000 USDC from a victim wallet 0x3a53…0B5c on the Base chain. However, when the attacker subsequently attempted to swap the USDC into ETH, insufficient slippage protection parameters were set, causing the transaction to be sandwiched and arbitraged by MEV bots. In the end, the attacker only received approximately 67 WETH, valued at around $129,000, meaning the stolen funds suffered a loss rate exceeding 75%.

Odaily News According to Arkham monitoring, BlackRock's spot Bitcoin ETF, iShares Bitcoin Trust (IBIT), has recorded net capital inflows for multiple consecutive trading days this week, with investors increasing their Bitcoin holdings every day.

Data shows that as of now, IBIT has purchased approximately $478.5 million worth of Bitcoin this week.

Market analysts believe that the continued inflow of institutional capital into spot Bitcoin ETFs reflects the growing demand from traditional investors for digital asset allocation. As one of the world's largest asset management companies, the capital movements of BlackRock's IBIT are also regarded as an important indicator for measuring institutional investor participation in the Bitcoin market.

Odaily News: Abbas Ghoudarzi, spokesperson for the Iranian Parliament's presiding committee, stated that after more than a month of negotiations, Iran and Oman are close to finalizing a new shipping arrangement agreement for the Strait of Hormuz. The proposed statement includes adjustments to shipping routes through the strait.

In addition, Ghoudarzi noted that the negotiations were conducted solely between Iran and Oman, and the United States was not permitted to participate. Iranian Deputy Foreign Minister Garibabadi said on the 5th that the agreement between Iran and Oman regarding the passage of commercial vessels through the Strait of Hormuz is nearing finalization, and both the northern route controlled by Iran and the southern route near Oman will be closed at that time. (CCTV News)

Odaily Planet Daily News The UAE is evaluating an investment in Japan, planning to invest up to 1 trillion yen (approximately $6.3 billion) to build an artificial intelligence data center. The project is being led by Abu Dhabi sovereign wealth fund Mubadala Investment Co., with the site selected in Akita Prefecture in northern Japan. The planned installed capacity is 500 megawatts, and other domestic and international investors may be brought in to participate in the future. The news has not yet been made public, and project details are still under evaluation. (Bloomberg)

Odaily Planet Daily News Facing widespread criticism, new Fed Chair Warsh acknowledged communication shortcomings but insisted on refusing "hand-holding" communication, while laying out the precondition for a September rate hike. Following last week's Fed monetary policy meeting, long-term U.S. borrowing costs surged as investors believed the new chair Warsh failed to provide sufficient guidance on how to curb inflation. The inflationary pressure was primarily triggered by the Iran conflict under the Trump administration.

Investors worried that with global energy prices elevated, Warsh's limited communication undermined his credibility in taming prices. Last week, the 30-year U.S. Treasury yield broke through multi-year highs, reaching its highest level since 2007.

Before the policy decision was announced, the market priced in only a 33% probability of a rate hike. This rare uncertainty was seen by analysts as directly exacerbating the subsequent sharp market volatility. Warsh admitted to those around him that he had indeed made missteps during his first ten weeks at the helm of the world's most important central bank. He acknowledged failing to effectively reinforce the core message of maintaining price stability, and allowing confusion to arise over whether his long-term Fed reform plans would affect short-term decisions.

Despite acknowledging communication shortcomings, sources familiar with the matter emphasized that Warsh firmly believes these early missteps are not enough to make him abandon his thorough overhaul of the Fed's communication mechanism. (Financial Times)