Odaily News: The US CFTC stated that fraudsters are increasingly using crypto ATMs, gift cards, unfamiliar apps, and courier delivery services to induce victims to transfer funds. FBI data shows that reported losses from crypto ATM-related scams in 2025 exceeded $388 million, a 58% increase year-over-year. The US CFTC reminds the public that government agencies, legitimate financial institutions, or trusted businesses will never ask users to transfer money via crypto ATMs, gift cards, or courier services. If encountering such instructions, individuals should immediately pause and independently verify the request.
According to Odaily, based on data from MSX.COM, US stocks opened with the Dow up 0.28%, the S&P 500 up 0.08%, and the Nasdaq down 0.07%, while the VIX fear index fell 0.28%. AI concept stocks broadly declined, with Marvell down 7.65%, Synopsys down 2.58%, Astera Labs down 2.56%, Tempus AI down 2.25%, and Palo Alto Networks down 2.25%.
It is reported that MSX is a leading RWA trading platform, having listed hundreds of RWA tokens covering popular US stocks and ETF tokenized assets, including Nvidia, GOOGL, MSFT, AMZN, META, TSM, and AMD.
Odaily News: According to the latest data from Gate, the price of gold fell to $4,602.51 per ounce, down 0.01% on the day. The price of silver rose to $70.773 per ounce, up 2.69% on the day.
In the forex market, the USD/CNH pair rose 0.04% on the day to 6.7215. The USD/JPY pair rose 0.15% on the day to 159.63.
In global stock indices, the Euro Stoxx 50 (EUSTX50) rose 0.51% on the day to 6,473.34 points; the UK FTSE 100 (UK100) rose 0.26% on the day to 10,818.8 points; and the German DAX 40 (GER40) rose 0.57% on the day to 26,524.8 points.
In commodities, WTI crude oil fell 1.2% on the day to $83.21 per barrel. Brent crude oil fell 1.04% on the day to $89.37 per barrel.
Gate enables users to trade traditional financial market products directly on its platform, offering one-stop access to a wide range of assets including precious metals, forex, global stock CFDs, major indices, and commodities. This facilitates deep integration between crypto assets and traditional financial assets. Gate TradFi features are now fully integrated into both the Gate App and Web platform, allowing users to participate in global asset price trading conveniently without switching platforms—unlocking more strategies and opportunities beyond the crypto market and continuously enhancing diversified asset allocation experiences.
Odaily News According to Hyperbot data, the floating profit on the 3x leveraged Bitcoin long position held by Garrett Jin, agent of the “1011 Insider Whale,” has now exceeded $4 million. Two days ago, he added 600 BTC to his long position at a price of $79,000. In addition, his short position of 32,700 ZEC (worth $25.28 million), opened at an average price of $444, is currently showing a floating loss of over $11.5 million.
Odaily Odaily News: Trump will commemorate the 9-11 events at the Pentagon rather than New York City. (CNN)
Odaily News: a16z announced the closing of its new fund, Machine Age Fund, with $1.1 billion in funding, focused on investing in the hardware and infrastructure that powers AI, including chips, memory, networking, storage, as well as complete systems such as data centers, robotics, and home AI devices.
a16z noted that surging AI demand and compute density are pushing existing supply chains and physical and computational architectures to their limits. Rack power is rising from 5-10kW to 100-250kW, and is expected to reach 1MW within three years, while data center scales are expanding toward hundreds of megawatts and even gigawatt-class campuses. The fund will target higher compute density, cheaper high-bandwidth memory, faster interconnects, low-power edge devices, as well as supporting cooling, power, and real estate infrastructure, to back a new generation of AI hardware startups.
Odaily News: The Trump administration is studying a new artificial intelligence chip regulatory rule aimed at restricting remote access to computing power from advanced US AI chips.
According to reports, after Trump began his second term in 2025, the White House announced the revocation of the AI Diffusion Rule introduced during the Biden administration. Currently, a small team within the US Department of Commerce is working on a smaller, more targeted alternative to limit geopolitical rivals from accessing advanced AI chips remotely through cloud computing and other means.
The rule is still in the drafting stage, and specific restrictions have not yet been clarified, but it indicates that the US government may strengthen oversight of cross-border access to advanced AI computing power, with a focus on the possibility of bypassing physical chip export restrictions through remote computing services. (The Information)
Odaily News, according to Hyperbot data, Machi Brother Huang Licheng's 10x leveraged long positions in HYPE and PUMP are all showing floating losses, currently at $93,000 and $447,000 respectively. His positions are temporarily supported by BTC and ETH long positions, which are showing floating profits of $824,000 and $27,000 respectively. The overall floating profit has now decreased to $337,000, with a return on investment of 5.8%.
Odaily News: Federal Reserve's Hammack stated that the Fed should take action on rate hikes, as waiting will only bring pain, and does not believe financial conditions are in a state of tightening.
Odaily News: SoftBank Group is seeking an additional $10 billion loan to refinance debt related to its investment in OpenAI and raise further capital. According to sources familiar with the matter, the two-year loan carries an interest rate approximately 275 basis points above the Secured Overnight Financing Rate (SOFR), with Mizuho Bank serving as the lead arranger and bookrunner. The sources requested anonymity as the matter has not yet been made public. (Bloomberg)
Odaily News, the U.S. Securities and Exchange Commission (SEC) has filed civil lawsuits against 38 entities, accusing them of making material misstatements in their Form ADV filings submitted between 2025 and 2026, in an effort to pose as legitimate U.S. investment advisers and attract retail investors. The defendants include several crypto-related entities such as CryptoOrbit, Ftaexchange, Pinnacle Crypto Exchange, Quantum Financial Institute, and RBH Infinity Exchange. The SEC has removed the relevant ERA filings of the aforementioned 38 entities from its website and is seeking permanent injunctions and civil penalties.
Odaily News – SlowMist security team has disclosed the discovery of a GitHub repository impersonating the Qwen 3.8 27B local quantized model. The repository claims the model size exceeds 16 GB, but the actual downloaded content is only about 487 KB, containing disguised files, a LuaJIT interpreter, and obfuscated Lua scripts. SlowMist emphasized that the official Qwen project has not been compromised. According to SlowMist's analysis, once executed, the malicious program collects host data, captures screenshots, and sends them to the attacker's C2 server. When the hardcoded server becomes inactive, it reads a backup C2 address from a contract on the Polygon chain, allowing attackers to rotate infrastructure through on-chain transactions. Subsequent payloads can steal browser login credentials, cookies, browsing history, email accounts, WinSCP and Steam credentials, as well as wallet-related files and extension data. SlowMist also discovered at least 23 GitHub repositories and 29 similar archive files using the same Lua delivery chain.
Odaily reported that according to GMGN data, Marscoin's market cap has fallen below $1 million, currently at $998,000, marking a 28.39% decline in the past 24 hours.
Previously, CZ publicly burned 4,444 MARSCOIN tokens and stated that he would stop using his public address to avoid excessive interpretation of his actions by the community.
Odaily reminds users that Meme coin prices are highly volatile, and investors are advised to participate with caution.
Odaily News - Japanese financial giant SBI Holdings plans to acquire approximately 20% of Indonesia's online brokerage Ajaib Group for $270 million, with the transaction expected to be completed by the end of August. The investment aims to drive the adoption of its yen stablecoin JPYSC in Southeast Asia and build a blockchain-based cross-border settlement network.
Ajaib offers online securities trading, forex margin trading, cryptocurrency, and asset management services in Indonesia. SBI stated that this investment will help it further enter the Indonesian market and strengthen its digital asset infrastructure footprint in the Southeast Asian region.
Notably, this is part of SBI's recent efforts to intensify its push into Southeast Asia's digital asset market. Earlier, in July, SBI acquired approximately $100 million worth of Singapore-based crypto exchange Coinhako and invested in Singapore's digital securities trading platform DigiFT, with both parties also establishing a joint venture. SBI is progressively building a regional financial infrastructure network covering crypto assets, digital securities, stablecoins, and cross-border settlement. (CoinDesk)
Odaily reported that, according to Onchain Lens monitoring, the $191.6 million ETH short position held by Hyperliquid trader pension-usdt.eth over the past two months has ultimately been liquidated, resulting in a loss of approximately $23.93 million. Despite this, the trader has still accumulated a total profit of about $17.22 million.
Odaily News: Allianz Chief Advisor Mohamed El-Erian said, "Fed Chair Warsh is about to deliver his first Jackson Hole keynote speech. At this important moment, he faces a delicate challenge: how to respond to the highly diverse expectations of the market and various stakeholders. On one hand, some hope he will continue the tradition of previous Fed Chairs by providing forward guidance while elaborating on his current policy reaction function—that is, how the Fed will make policy decisions in response to changes in economic data and conditions.
On the other hand, some hope he will return to the original long-term strategic positioning of this unique conference. This means placing greater focus on the growing number of increasingly complex domestic U.S. economic and policy issues, against the backdrop of deep structural changes driven by both technological innovation and geopolitical economics. Striking a balance between these two expectations is no easy task. This balance is not only difficult to achieve, but also almost certain to leave everyone dissatisfied. Meanwhile, policy factors outside the Fed further add to the difficulty of decision-making.
That said, Warsh's speech is also bound to provide an important window for the outside world, allowing the market to gain deeper insight into the policy philosophy and leadership style of this new Fed Chair. Personally, I would prefer his speech to focus more on long-term structural issues, especially given the still-significant divergence of opinions within the FOMC at present."
