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Decentralised.co reported that the cost of sending $200 across borders is currently 6.36%, down from 9.67% in 2009, with the United Nations aiming to reduce it to 3% by 2030. Remittances consist of three parts: collecting from the remitter, transferring value, and paying the recipient, with the intermediate stage previously being slower and now the cheapest part. Receiving and paying require licenses, bank accounts, compliance, and payment networks. The process from Dubai to Manila takes about six steps, with only one step using blockchain.Pre-funded agent accounts decentralize operating capital. Tokenized dollars can be concentrated in a single funding pool, settled on Sundays, and rebalanced within minutes. Traders hold inventory and bear exchange rate risks. Félix Pago raised $200 million to facilitate remittances from the U.S. to Latin America via WhatsApp, with a16z leading a $87 million equity round and General Catalyst providing a $113 million credit line. Nium is now funding customer payments in USDC. a16z Crypto led a $10 million investment in Better Money. Conduit raised $36 million for corridors from Europe to Nigeria and Kenya, while Palla raised $14.5 million for white-label payments to thirty banks.The article states that stablecoins can fix pipeline issues but cannot resolve isolated systems related to legal matters or toll collection.

According to Mobile Payment Network, Lu Lei, a member of the Party Committee and Vice President of the People's Bank of China, stated at the 15th China Payment Clearing Forum that intelligent agent payments must not blur the boundaries of responsibility between consumers, operating institutions, and algorithm systems. Lu Lei believes that the essence of payment is the transfer of fund ownership, which objectively requires that the results of transactions are predictable, responsibilities are definable, and traces are traceable. Large models and autonomous intelligent agents have characteristics such as output randomness and insufficient transparency of logic. If transaction decision-making authority is blindly or excessively granted to intelligent agents, it will affect the trust foundation of fund transactions. The current governance rules of the payment industry and dispute resolution mechanisms are built around "humans as the final decision-makers in transactions." The new model of intelligent agents automatically initiating and assisting in transactions easily blurs the boundaries of responsibility, and the existing governance rules need to be optimized and improved.Regarding the issue of insufficient compatibility of protocol standards in the field of intelligent agent payments, Lu Lei emphasized that the dispute over protocols is essentially a dispute over business rules and technical standards, as well as a struggle for dominance in the era of artificial intelligence. The People's Bank of China continues to strengthen its tracking research on technological innovation, especially intelligent agent payments, guiding the Payment Clearing Association to leverage its advantages in industry self-regulation. Based on extensive soliciting of opinions, they will formulate and publish the "Self-Regulatory Convention for Intelligent Agent Payment Applications," and will continue to work on coordinating protocols and standards, as well as innovating risk governance. Lu Lei proposed three hopes to market institutions: actively respond to and implement the industry self-regulatory convention, with payment security and risk prevention as the bottom line, and consumer rights protection as the focal point; continuously track the trends of cutting-edge technologies such as large models and intelligent agents both domestically and internationally, and build technical reserves and application capabilities; adhere to the principle of rules and standards first, strengthen coordination and compatibility among different protocols and standards, and cooperate with regulatory authorities to promote the construction of a foundational protocol and technical standard system for intelligent agent payments.

Matthew Gould, the founder of Unstoppable Domains, stated that the company did not submit an application for its Web3 top-level domains in ICANN's 2026 expansion round and will refund customers who purchased related domains. Gould mentioned that the compliance, application, and bidding costs of incorporating Web3 domains into the ICANN system exceeded the company's expected recoverable sales. This move ends the company's commitment since 2019 that domains like .crypto and .wallet would eventually be resolvable in standard browsers.The application window for this round of ICANN opened on April 30 and closed on August 12, receiving over 1,600 major applications. Gould stated that customers have been notified via email, but the list of affected extensions and refund terms have not been disclosed. Some holders questioned the scope of the refunds, claiming they held the domains based on Unstoppable's commitment to advance the ICANN application. Gould responded that Web3 domains will still serve as on-chain assets for cryptocurrency transactions.Unstoppable continues to participate in ICANN activities as a service provider and previously announced a partnership with Telegram to apply for the .gram domain. Meanwhile, ENS has chosen a different path, with token holders approving the restructuring of the ENS Foundation to pursue the .ens top-level domain in ICANN, but ENS will not apply for .eth, as it is reserved for ISO 3166-1 country codes.

According to Bloomberg, AI pioneer Fei-Fei Li stated that the tech industry needs to better explain the value of artificial intelligence to the public and warned that the growing anti-AI sentiment in the United States could pose risks to global AI development. In an interview with Bloomberg, Fei-Fei Li mentioned that tech practitioners need to strengthen communication with the public to showcase the positive impacts that AI technology can bring.She pointed out, "If we do not demonstrate a positive attitude and a positive direction for development, everyone will be affected." The United States has significant influence in the global tech sector, and if the U.S. cannot show a "positive attitude and development path for AI," it will ultimately affect the entire world.

Blockstream CEO Adam Back criticized the arguments of BIP-110 supporters, stating that the claim "Bitcoin supports spam data" is incorrect, and that all Bitcoin participants dislike network spam data. Adam Back pointed out that Bitcoin cannot achieve absolute censorship at a mathematical level, and that the BIP-110 proposal itself has many flaws that prevent it from functioning effectively, thus it has not gained network consensus. He emphasized that forcibly pushing rule changes without consensus could ultimately lead to a fork similar to Bitcoin SV (BSV).Previously, BIP-110 sparked community controversy for attempting to limit non-financial data storage on the Bitcoin blockchain. Supporters of the proposal planned to push for rule changes through a user-activated soft fork (UASF), but currently, miner support has not reached the activation requirement, and the market is concerned whether this controversy will further evolve into a split in Bitcoin network governance.

White House cryptocurrency advisor Patrick Witt posted on the X platform that the U.S. Congress has been pushing for cryptocurrency market structure legislation for many years, and the Senate has been negotiating the CLARITY Act since last summer. However, in the past week, Chuck Schumer and so-called "pro-cryptocurrency Democrats" blocked the bill from undergoing procedural voting before the recess and requested further delays.Patrick Witt warned that if the bill does not make progress before September 15, the likelihood of it passing in the future will be significantly reduced.

The Bitcoin Red Team's volunteer security initiative has scanned approximately 150 Bitcoin code repositories and disclosed more than a dozen vulnerabilities. The team is developing an open-source AI platform for auditing Bitcoin software, covering wallets, cryptographic libraries, infrastructure, and other projects.AnchorWatch CEO Rob Hamilton stated that the team has currently spent about $20,000 on various AI services and is using Kimi K3, OpenAI's GPT Sol, Anthropic's Claude Fable and Opus, as well as Z.ai's GLM 5.2 to identify vulnerabilities and generate related documentation. A pseudonymous Bitcoin developer, Calle, mentioned that the team has reported critical vulnerabilities to multiple projects in the past 12 hours, averaging about one critical vulnerability discovered per person per hour, with daily expenditures of approximately $10,000. The team did not disclose the affected projects or details of the vulnerabilities.

Ethereum co-founder Vitalik Buterin stated that Signal recently announced it is exploring allowing users to register accounts without a phone number. He welcomed this move, believing it helps reduce reliance on the highly oligopolistic system of phone numbers, lowers the identity security risks associated with SIM card swaps, and makes it more difficult for governments to pressure Signal to ban users based on nationality.Vitalik also pointed out that while this initiative is better for privacy protection than the current situation, it only achieves "confidentiality" and does not reach true anonymity, as metadata such as message sending time, frequency, and recipients could still be used for identity correlation. He believes that with the development of artificial intelligence technology, long-lasting anonymous accounts are becoming outdated, and the only defensible form of privacy is "message-by-message uncorrelatable," meaning that no one other than the sender and receiver knows the identities of the communicating parties. This direction is currently being explored and advanced by new communication tools and mixing network projects such as Session and SimpleX. Additionally, protection against spam and denial-of-service attacks will become the next key issues to address.

Michael Selig, Chairman of the U.S. Commodity Futures Trading Commission (CFTC), wrote in The Economist that the global derivatives market is entering a new stage of development, where financial innovation needs to lead, rather than introduce regulatory models that may restrict market development.Michael Selig pointed out that for decades, derivatives (including financial contracts such as futures, options, and swaps) have been important tools for businesses, farmers, investors, and financial institutions to manage risk and optimize capital allocation. Today, the nominal value of the global derivatives market has exceeded $1.2 quadrillion, with nearly half of the market regulated by the CFTC.He stated that the United States' leadership in the derivatives field is built on generations of market competition, strong institutions, effective regulation, and an open attitude towards innovation. For a long time, global regulators have regarded the CFTC as a benchmark for efficient market regulation.Selig said, "The new era of finance needs innovation, not consensus." The United States will not introduce regulatory measures that hinder market development but will seek a balance between innovation and market efficiency. During his tenure, the U.S. will continue to play a leading role in the formulation of derivatives market rules and financial innovation, driving the market to remain competitive.

According to Jinshi, U.S. President Trump stated that Iran cannot have nuclear weapons.

Bitcoin News posted on the X platform that the volunteer organization Bitcoin Red Team has scanned 150 code repositories, privately disclosed more than a dozen vulnerabilities, and identified key issues during the process of strengthening wallets, cryptographic libraries, and infrastructure following the COLDCARD vulnerability incident. This work has consumed approximately $20,000 in AI computing costs, covered by OpenSats.Researchers are using multiple AI tools, with many stating that open-source models like Kimi K3 have become primary tools for security research, while cutting-edge closed-source models like OpenAI and Anthropic are considered to impose more limitations in such analyses. The team plans to open-source its AI security tools to enable projects to continuously audit their own codebases. Researchers warn that Bitcoin may just be the first industry facing a wave of AI-assisted vulnerability discovery, with similar efforts likely to expand to all open-source software.

According to Jinshi reports, U.S. officials stated that the Strait of Hormuz is an international waterway, and no party can control its shipping routes or passage capacity.

According to CoinDesk, U.S. Senator Bill Hagerty is urging the Senate to pass the CLARITY Act (Digital Asset Market Structure Act) as soon as possible, stating that the U.S. cannot fall behind in the digital asset space. He believes that establishing a clear regulatory framework is crucial for promoting innovation in U.S. digital assets and maintaining global competitiveness.The CLARITY Act aims to clarify the division of regulatory responsibilities in the U.S. digital asset market, providing a more defined rules framework for the crypto industry. Currently, the bill is awaiting further review by the Senate.

As the Coldcard hardware wallet exposes firmware vulnerabilities, over 80 million USD in BTC is stolen, and the market re-discusses whether to turn to institutional custody or directly buy Bitcoin ETFs, well-known analyst Willy Woo responded in a post stating that he does not oppose ETFs or custody solutions. They have many benefits in gaining recognition and accessing the traditional financial system, but the uniqueness of Bitcoin lies in the fact that it is the only truly sovereign mature digital asset, without nationality, cannot be blocked, diluted, or confiscated by any country, and only by mastering self-custody can one obtain this attribute.Willy Woo stated that since World War II, the West has mostly lived in a bubble of security, but as Ray Dalio pointed out based on 1500 years of historical research, stability itself is a cycle. When the cycle ends, people will need reserves that can protect them when the world briefly collapses, while custodial assets may fail, and governments may confiscate assets both in the past and in the future. He indicated that we are currently in the later stage of this cycle and recommended allocating 15% of assets to sovereign assets such as Bitcoin and gold.

According to The Block, Cardano founder Charles Hoskinson stated that quantum computing could pose a significant challenge to Bitcoin's governance capabilities. If the Bitcoin network cannot coordinate the necessary upgrades, BTC may lose its status as the largest cryptocurrency asset globally.Hoskinson mentioned that the problem with Bitcoin is that it is "frozen in time," making any changes very difficult. He believes that the early disappointment with Bitcoin's lack of flexibility was one of the reasons that led to the birth of Ethereum.

Chairman of Bitmine, Tom Lee, stated in an interview that AI is approaching the so-called "uncanny valley of wealth." At some point in the future, the income generated by AI entities owned by individuals may exceed their own labor income.Tom Lee believes that when this moment arrives, people may begin to question "whether they are working for AI or AI is working for them." He also predicts that in the future, AI entities may take over bank accounts, replace certain job positions, and even construct independent financial systems, admitting that this trend "may instill fear about the future in people."

Binance founder CZ recently posted on social media that artificial intelligence (AI) and Bitcoin (BTC) serve different functions; AI drives productivity improvements, while Bitcoin is used to combat inflation and protect wealth. CZ stated, "AI is great, but it cannot protect you from the effects of inflation; Bitcoin can."CZ believes that the market often views AI and Bitcoin as two major hot investment themes, but their natures are fundamentally different. AI is a technology that enhances business efficiency and economic productivity, while Bitcoin is a digital asset with a fixed supply. He pointed out that the AI industry is rapidly developing, with global companies continuously investing billions of dollars in AI software, data centers, chips, and other infrastructure, driving transformations in various sectors such as healthcare, finance, and manufacturing. However, AI companies can issue more shares and raise funds for expansion, and their investment value still depends on business performance and market competition. In contrast, Bitcoin has a total fixed supply of 21 million coins, and holders possess a non-dilutable scarce asset. CZ believes this characteristic gives Bitcoin long-term value storage properties, providing protection when the purchasing power of fiat currency declines due to inflation.CZ has also previously stated that the AI boom may attract some funds that would have originally flowed into the Bitcoin market. As AI companies like OpenAI and Anthropic gain more capital attention, some investors may sell other assets to allocate to AI-related investments. However, CZ believes that AI and Bitcoin are not in competition; rather, they should be viewed as complementary assets: AI drives technological advancement and productivity improvements, while Bitcoin offers a way to store value that is unaffected by supply expansion.