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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.

Flashbots strategic leader Hasu stated that charging fees to passive holders, allowing them to pay for projects investing in your ecosystem (such as Lido, Aave, and DAT, which collectively fund Ethereum client teams, multiple EF derivative projects, overall DeFi construction, etc.), is actually very good. The problem with Ethereum has never been excessive ETH issuance, but rather insufficient ecosystem investment.Reducing inflation will inevitably suppress investment reduction. Unfortunately, the Ethereum research community has never been good at predicting these second or third-order effects.

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.

According to a report by Wall Street Journal, the AI fund Situational Awareness, which was previously disclosed to have suffered significant losses due to a sharp correction in AI-related stocks, is seeking new capital injection. However, the fund's experience of blowing up has not become a stain in Silicon Valley; instead, it has reinforced the "hero persona" of founder Leopold Aschenbrenner. Many Silicon Valley investors see it as an opportunity to "buy the dip" and continue to support this former OpenAI researcher turned investor. The fund has now informed investors that it will not accept new capital for the time being, but the enthusiasm from the outside has not waned. Senior venture capitalist Elad Gil even publicly announced his first application to invest in Aschenbrenner's fund.In addition, Morgan Stanley, which previously refused to provide prime brokerage services to Situational Awareness, has changed its stance and plans to include the fund as a prime brokerage client in the coming weeks.

In response to the doubts regarding a large number of users being unable to withdraw funds after the shutdown, BitMart founder Sheldon stated on the X platform: "1. We have not run away, nor will we. 2. Many rumors and so-called revelations from former employees and current employees, screenshots, etc., please do not believe in rumors. 3. The core team is still conducting asset inventory, asset collection, and system maintenance work; orderly refunds are our goal, please wait for announcements and notifications. 4. We have not misappropriated assets, nor have we engaged in early withdrawals or evacuations; we have considered the involvement of courts and third-party auditing agencies to provide a transparent report."

According to Shield's monitoring, the wallet address marked as the attacker of the Aztec Network Private Rollup Bridge has deposited 300 ETH into Tornado Cash again, worth approximately $572,000. So far, the attacker has transferred a total of 500 ETH to Tornado Cash.Previously, Aztec Network suffered a security attack in June 2026, resulting in a loss of approximately $2.165 million in crypto assets. This transfer of funds may further complicate the tracking of the stolen assets.

The State Taxation Administration of China responded to the recent discussions on taxing insurance income in Hong Kong, stating that Chinese tax residents are required to fulfill their tax obligations on global income according to the law, and that overseas insurance income also falls within the scope of taxable income. This is not a new policy and is not specifically aimed at the Hong Kong insurance market. The tax authority indicated that residents must declare and pay taxes on overseas insurance income and other investment income in accordance with the law, and the relevant rules treat overseas income from different countries and regions equally.Yesterday, Caixin reported that with the normalization of CRS information exchange, Chinese tax authorities can now fully obtain data on dividends and cash value from overseas insurance policies, gradually filling the gaps in tax administration. Currently, the taxation of insurance income from overseas sources has been initiated.

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.

Famous trader Killa posted that when Bitcoin breaks the current long-term downtrend line, do not short it. "In the last cycle, many people overcomplicated a simple trend change, and the weekly chart is the best confirmation signal."The attached chart shows the weekly Bitcoin charts for 2026, 2022, and 2018, all of which exhibit a similar descending channel pattern after a peak, used to compare with the current market structure.Killa, as a quantitative trader focused on BTC, predicted the peak of this bull market in May 2025 and has over 200,000 followers on platform X. In mid-April, he shorted Bitcoin at $74,688 and switched to long during the market-wide decline on June 5.

Bitwise Chief Investment Officer Matt Hougan stated that if the Clarity Act does not pass this week, the market may experience a brief fluctuation, but it will be prepared for a rebound in the fall.

Starknet announced that it has completed the quantum-resistant signature transfer test, where a wallet account using a quantum-resistant signature mechanism completed a real transfer on the Starknet mainnet, with a transaction fee of about 6 cents, and can be queried through the block explorer. This account is currently an experimental, unaudited version, mainly used for research testing. StarkWare stated that this transfer benefits from the design of the Starknet account model.Unlike most blockchains that fix the signature algorithm at the protocol layer, each account on Starknet is a smart contract that can autonomously define the accepted signature schemes, allowing users to upgrade their wallets from traditional elliptic curve signatures to quantum-resistant signatures without hard forks, asset migrations, or changing addresses. StarkWare pointed out that most blockchains face quantum computing risks because wallet signatures and underlying verification systems rely on elliptic curve cryptography. Once large-scale quantum computers appear, running Shor's algorithm could potentially break the related encryption systems. Currently, the Starknet ecosystem supports a quantum-resistant signature scheme based on Falcon-512, which is part of the NIST post-quantum cryptography standardization process, with relevant implementations promoted by ecosystem teams and organizations such as OpenZeppelin.

According to the "China Securities Journal," at the online investor communication meeting for the Sci-Tech Innovation Board listing of Yushu Technology, an investor asked, what impact does the U.S. robot sales ban have? Fu Fenghua, the secretary of the board of Yushu Technology, responded that the main models currently on sale include humanoid robots G1, H2, R1, and quadruped robots Go2, B2, A2, all of which have obtained FCC certification and fall under the advanced robotic equipment mentioned in the previous announcement. Therefore, the aforementioned policy change will not affect the continued sales of the company's existing main products in the U.S. market.

When asked whether Federal Reserve Chairman Kevin Walsh should avoid raising interest rates before the midterm elections, Trump stated that it depends to some extent on Walsh, but not entirely. He pointed out that interest rate decisions are made by a very politicized committee and praised Walsh's performance, stating that he would not criticize him.

Founder of Strategy Michael Saylor posted on X platform: "Bitcoin does not need the Clarity Act; the United States needs clarity."

Federal Reserve's Musalem stated that there are no conditions seen that could shake the dollar's status as the primary reserve currency.

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 CNBC, JPMorgan CEO Jamie Dimon warned that current financial market leverage remains high, with margin debt reaching historic levels, and some borrowing is not directly classified as margin debt but is hidden within prime brokers, hedge funds, ETFs, and U.S. Treasury arbitrage strategies.Dimon stated that high leverage increases the likelihood of a single investor or fund quickly disturbing the market and triggering broader volatility. Recently, the AI-focused hedge fund Situational Awareness faced margin calls due to unsuccessful bets on leveraged tech stocks and was forced to liquidate a large portion of its listed stock portfolio.However, Dimon did not define the current level of leverage as a systemic threat. He noted that the market as a whole can still absorb the failures of individual institutions and emphasized that the current environment is different from the 2008 financial crisis, when the real shock came from the impending massive losses in the mortgage market, not just leverage itself.Dimon also mentioned that when market volatility rises, clearinghouses and banks typically require more collateral. Meanwhile, government deficits, infrastructure investments, and global rearmament could potentially raise inflationary pressures again and support higher long-term interest rates.

According to Bloomberg, SpaceX's stock performed relatively steadily on Thursday, following the expiration of a lock-up agreement that restricted insiders from selling shares, involving the release of approximately 911.5 million shares, valued at about $100 billion based on current estimates.Trading data shows that SpaceX's stock price fluctuated within a range of less than 3% in the early morning, as the market digested the potential selling pressure from this large-scale share release. In the first 30 minutes after the market opened, the trading volume approached 93 million shares, accounting for about 40% of the total trading volume from the previous trading day.This release occurred shortly after SpaceX's first financial report was published. Previously, due to concerns from investors about the company's investment in artificial intelligence being higher than expected, SpaceX's stock price had dropped by about 14%. However, most Wall Street analysts still maintain a long-term optimistic view of the company.The market's focus includes SpaceX's future investment plans in AI, satellite internet, and mobile communications. Although facing short-term capital expenditure pressures, analysts believe that the company's leading position in rocket launches, the Starlink satellite network, and the commercial space sector remains an important factor supporting its long-term valuation.This stock release, valued at approximately $100 billion, has also become an important event for the market to test investor confidence after SpaceX's listing. The stock price did not experience significant fluctuations, indicating that the market had certain expectations regarding the liquidity release for internal shareholders.

According to The Information, OpenAI has acquired some patent assets from the AI chip startup Rain AI, after the two parties previously negotiated the acquisition but ultimately failed to complete the deal.Rain AI is a startup focused on the development of AI chips, founded about 8 years ago, with investors including OpenAI CEO Sam Altman. Reports indicate that due to the failure of the acquisition plan, Rain AI has nearly ceased operations recently, and most employees have left the company.This patent acquisition shows that although some companies personally invested in by Altman may have commercial collaborations with OpenAI, this does not mean that all invested enterprises will receive direct support from OpenAI.Rain AI was previously dedicated to developing specialized chips for artificial intelligence computing, hoping to reduce the operating costs of AI models through customized hardware and enhance edge computing capabilities. As competition in AI infrastructure intensifies, chips, computing power, and energy have become core strategic resources for large AI companies.Industry insiders believe that OpenAI's acquisition of Rain AI's related patents may be aimed at absorbing its technological assets and strengthening its layout in the field of AI hardware and computing infrastructure.