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According to CoinDesk, American Bitcoin (ABTC), a Bitcoin mining company associated with the Trump family, announced that President and interim Chief Financial Officer (CFO) Matt Prusak will leave on August 4 to join AI and energy infrastructure company Giga Energy as Chief Business Officer and interim CFO.Prusak stated that after "years of building the Bitcoin business," he will shift to the upstream energy infrastructure sector, focusing on the current power supply issues that limit the development of Bitcoin mining and AI computing.American Bitcoin was co-founded by Eric Trump and supported by Hut 8, and it is a publicly traded Bitcoin mining company listed on NASDAQ. Prusak was previously responsible for driving the company's Bitcoin accumulation strategy, including expanding hash power and increasing the BTC holdings per share.Giga Energy, headquartered in Houston, primarily develops power equipment and AI data center infrastructure. The company stated that it has delivered over 6.5GW of power infrastructure and is developing over 500MW of AI data center capacity.Industry insiders believe that Prusak's transition reflects the accelerating migration of the Bitcoin mining industry towards the AI infrastructure sector. As competition in the mining business intensifies and profit margins are pressured, more mining companies are beginning to leverage their own power resources, land reserves, and data center capabilities to enter the AI computing infrastructure market.As large tech companies compete for power and data center capacity, energy supply has become a core bottleneck for the expansion of AI computing, and companies with the ability to integrate power resources are gaining more attention.

Earlier market news indicated that Dark Side of the Moon (Kimi) plans to submit its Hong Kong IPO application as early as this month, potentially raising about 3 billion dollars. In response, Dark Side of the Moon stated that the news is false.

According to market news, Dark Side of the Moon (Kimi) plans to submit its Hong Kong IPO application as early as this month, aiming to raise approximately $3 billion. As of the time of publication, Dark Side of the Moon has not publicly responded to or confirmed this matter.

According to a report by the Korean News Agency, a poll released on Monday shows that due to the impact of the stock market crash and other controversies, South Korean President Lee Jae-myung's approval rating has fallen to its lowest level since he took office in June last year. This poll, conducted by Realmeter and commissioned by the media EKN, indicates that the public's positive evaluation of Lee Jae-myung has decreased by 0.4 percentage points to 45.9%, marking a decline for the third consecutive week. The public's negative evaluation of Lee Jae-myung has risen by 1 percentage point to 50.5%, breaking the critical 50% mark for the first time.Another poll conducted by the same polling agency shows that the approval rating of the ruling Democratic Party is at 45.1%, an increase of 3.8 percentage points from the previous week; while the approval rating of the main opposition party, the People Power Party, has decreased by 2.9 percentage points to 37.7%.

According to Jinshi reports, the Korea Exchange has launched a sidecar mechanism for the KOSDAQ, suspending programmatic trading for 5 minutes.

According to monitoring by Catcher Predict, in the market prediction on Polymarket for the event "Dota 2: Team Falcons vs 1win", the "Yes" option win rate in the sub-market "Both sides defeat Roshan" has experienced a dramatic fluctuation, soaring from 50.5% an hour ago to the current 90% (a fluctuation of 39.5%). Please note the impact of related breaking news.

Former Alibaba Vice President of Technology and Lepton AI founder Jia Yangqing announced the establishment of a new company, Intent Lab, and launched the autonomous Agent team "Fleet," aimed at directly transforming users' natural language requirements into software systems ready for production environments.According to reports, users only need to describe their development intent, and Fleet can complete the entire process from system architecture design, code development, infrastructure deployment, to testing, quality validation, and performance optimization. The goal is not just to generate code, but to deliver runnable production-grade software.It is reported that Intent Lab has simultaneously showcased several early achievements, including the GLM-5.2 inference engine, one-time database creation, and a fully validated Agent file system.

According to NATE, South Korea's financial regulatory authorities are advancing the revision of the Capital Markets Act, planning to grant regulators the "emergency intervention rights" to directly take market stabilization measures during periods of severe stock market fluctuations.Currently, the Financial Services Commission (FSC) of South Korea has initiated relevant legal amendments with the Financial Supervisory Service (FSS), focusing on single-stock leveraged ETF products that are believed to amplify volatility during the recent stock market crash. Proposed regulatory measures include adjusting leverage multiples and setting investment limits.In cases of abnormal market fluctuations, the aim is to reduce the risks associated with concentrated trading of funds. Additionally, South Korea's financial regulatory authorities are considering setting personal investment limits for single-stock leveraged ETFs, standardizing the investment cap at around 20% to prevent excessive concentration of funds, and introducing a simulated trading system to enhance investors' understanding of the risks associated with leveraged products.South Korean regulators stated that the increase in the basic margin is primarily aimed at raising the investment threshold, while the investment limit effectively sets an "upper limit" on fund inflows, with both measures forming a complementary risk control system.Previously, South Korea had raised the minimum margin requirement for investors in single-stock leveraged ETFs from 10 million won to 30 million won starting July 31.Data shows that on the first day of the new regulations, the trading volume of 16 related leveraged ETFs was approximately 3 trillion won, only about a quarter of the previous trading day's 12.4 trillion won, and a decrease of about 80% compared to the 15 trillion won level on July 29.

According to Jinshi, the People's Bank of China held a work meeting for the second half of 2026, emphasizing the steady deepening of financial reform and opening up to the outside world. The meeting pointed out the active development of inter-central bank currency swaps and local currency settlement cooperation, supporting more foreign institutions to participate in the issuance of panda bonds, and promoting the construction of the cross-border payment system for the renminbi, as well as improving the cross-border infrastructure for digital renminbi.

According to on-chain analyst @ai_9684xtpa, a suspected insider address for LAB became active again after three weeks, depositing 5.8 million LAB (approximately $834,000) to KuCoin 9 hours ago, with an average deposit price of $0.1439.In the next hour and a half, the coin price continued to decline, briefly dropping to $0.1273, a decrease of 11.5%. This address had a similar operation record previously—on July 12, it transferred $9.15 million worth of LAB tokens to Aster, after which the coin price plummeted by 42.5%.Currently, this entity still holds 74.7 million LAB, valued at approximately $10.11 million.

According to monitoring by Catcher Predict, in the predicted market Polymarket for the event "LoL: Cloud9 vs Dignitas - LCS Regular Season," the "Yes" option win rate for the sub-market "Both sides kill a dragon" has experienced a dramatic fluctuation, soaring from 50% an hour ago to the current 90% (a fluctuation of 40%). Please note the impact of related breaking news.

According to monitoring by Catcher Predict, in the market prediction event "LoL: JD Gaming vs. Bilibili Gaming - LPL Group Stage" on Polymarket, the "Yes" option for the sub-market "Both sides kill the Baron" has experienced a dramatic fluctuation in win rate, soaring from 50% an hour ago to the current 90% (a fluctuation of 40%). Please note the impact of related breaking news.

According to CoinDesk, the U.S. Securities and Exchange Commission (SEC) has suspended its decision to approve the Nasdaq cash-settled Bitcoin index options (QBTC) and will re-examine it in response to a legal challenge raised by the Chicago Mercantile Exchange (CME). The SEC has frozen the approval until August 24, seeking feedback from all parties. QBTC will remain suspended until the commission completes its review.The SEC conditionally approved the product for listing in May this year, but it requires an exemption from the CFTC. The CME raised objections in June, arguing that Bitcoin is a commodity and its options should fall under the exclusive jurisdiction of the CFTC, not the SEC. If the CME's claim is established, Nasdaq would need to register as a futures platform regulated by the CFTC or redesign the contracts.

According to monitoring by Catcher Predict, in the event "LoL: Gen.G vs Dplus KIA - LCK Third to Fourth Round Legendary Group" on the prediction market Polymarket, the "Yes" option in the sub-market "Both sides kill a dragon" has experienced a dramatic fluctuation in win rate, soaring from 50% an hour ago to the current 90% (a fluctuation of 40%). Please note the impact of related breaking news.

Strive Vice President Joe Burnett posted on platform X that the recent weeks may be among the worst in Bitcoin's history. Many people purchased recognized hardware wallets, generated mnemonic phrases offline, and followed established best practices, yet still lost a significant amount of Bitcoin due to a vulnerability affecting COLDCARD wallet that generated mnemonic phrases since March 2021 and beyond. This vulnerability went undetected for over 5 years.Joe Burnett stated that this will permanently change people's confidence in self-custody. Self-custody will still exist, but it has been permanently altered. For those who wish to directly control a large amount of Bitcoin, the standard should be multi-vendor multi-signature, with keys generated independently using different hardware and different software, and stored in different physical locations. If this approach is unacceptable, then institutional-grade custodians should be used.Joe Burnett mentioned that the current wave of Bitcoin adoption is happening through ETFs, treasury companies, and institutional custodians, primarily from individuals who unintentionally become experts in private key generation, hardware security, firmware, backups, inheritance planning, and physical storage. A single key generated by one hardware wallet protecting a large amount of Bitcoin poses excessive concentration risk.Joe Burnett also stated that institutional custody may ultimately lead to excessive Bitcoin concentration in the hands of large companies, resulting in risks of censorship, seizure, and confiscation. However, Bitcoin's portability and settlement attributes provide a crucial counterbalance, allowing users to create wallets and request custodians to send Bitcoin, transitioning from counterparty risk to direct ownership within minutes.Joe Burnett believes that as long as Bitcoin itself remains secure, the failure of any particular custody method does not negate the underlying monetary system, but rather forces the market to develop better tools, stronger standards, and more resilient custody frameworks. This week may ultimately mark the end of an era for Bitcoin custody and the beginning of the next wave of Bitcoin adoption.

According to Jinshi reports, on August 1 local time, the U.S. Embassy in Israel issued a security warning, stating that the situation in the Middle East remains tense, the security environment is complex, and there is an unpredictable risk of escalation. The warning pointed out that U.S. citizens in the region should remain cautious, stay vigilant, and be prepared for possible flight cancellations, airspace closures, and travel disruptions.Some airlines have delayed the resumption of flights, and other routes have been canceled. The embassy emphasized that U.S. citizens should consider evacuation or be ready to evacuate at any time.

According to Jinshi reports, Ukrainian President Zelensky stated that the Ukrainian National Security Bureau attacked the infrastructure of three Russian oil refineries in the Bashkortostan region.

According to X user Rohan Paul, when the OpenAI model breached Hugging Face, Anthropic's Claude 5 refused to assist in the investigation, and Hugging Face ultimately turned to Nvidia's quantized version of GLM 5.2 for emergency response.The user commented that banning open-source models would weaken the defense's capabilities, and this incident confirms the practical value of open-source models in security response.

According to Jinshi reports, Ukrainian President Zelensky stated that Russia launched 35 missiles and 185 drones to attack Ukraine.