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Scroll Governance Forum posted that the team will recently apply AI extensively in operations and product development. Previously, core chain operations required over 20 engineers, but now it is completed by fewer dedicated engineers in conjunction with AI agents, while maintaining existing usability and security standards. The team believes that blockchain can provide a trusted coordination layer to define and execute rules, and ZK can help agents interact with credentials, private data, and computations without exposing underlying information.The team is building an interconnected product stack: Compass is an iOS application that can access the large models and functions provided by the Compass API, and includes VPN and eSIM; Compass API is the AI routing infrastructure, connecting over 30 large models; CENO provides a trust layer through ZK, protecting credentials, agent context, and privacy computations; USX is used for payments and settlements; SCR continues to coordinate governance; the Scroll network serves as a trust and coordination layer. CENO has reached out to over 30 potential clients, of which 12 are participating in proof of concept testing.The team plans to gradually transform Scroll from a general public chain into a dedicated network centered around Compass and the AI product stack, with an overall transition expected to take about nine months. According to the current plan, SCR will migrate to the Ethereum mainnet to maintain accessibility and liquidity, with supply and token economics remaining unchanged, and will continue to serve as a governance token. This post is only a progress update, not an official proposal or vote, and further proposals regarding the network transformation and matters requiring DAO approval will be made separately.

Former U.S. President Trump published a revised version of the U.S. presidential rankings on Truth Social, expanding upon the version released a few days ago. In the latest ranking, former U.S. presidents are categorized into six levels: "Greatest," "Great," "Near Great," "Average," "Below Average," and "Losers."Trump lists himself separately in the "Greatest" category, ranking above Abraham Lincoln, George Washington, and Franklin D. Roosevelt. Compared to the first version he released, Reagan has been added to the "Near Great" category, while Hoover has been downgraded to the "Losers" category. Biden and Obama have consistently remained in the "Losers" category.

According to Caixin, the "Management Measures for Online Marketing of Financial Products" jointly issued by the central bank and eight ministries will officially take effect on September 30, 2026. The measures aim to clarify the boundaries between finance and technology, and do not completely prohibit the online promotion of financial products, but rather provide specific guidance and regulations for marketing activities. It is specified that marketing financial products through public accounts, live broadcasts, and short videos should be conducted on the self-operated platforms of financial institutions or on accounts legally established by financial institutions on third-party internet platforms.In addition, marketers must be employees of financial institutions, possess qualifications for engaging in related business, and obtain authorization and consent from financial institutions. This means that if Key Opinion Leaders (KOLs) want to promote financial products, they must be certified to do so.

DeFi researcher Ignas posted on X that Bankless founder David Hoffman sold his ETH and reallocated to several coins with the largest gains, such as LIT and ZEC, with NEAR also performing well, while only VVV underperformed the market. Although the market was filled with panic at that time, and it was very close to the bottom of ETH, the goal of aggressive crypto investors has always been to outperform BTC and ETH.Previously, it was reported that Bankless co-founder David Hoffman announced in June this year that he had liquidated his ETH and bought VVV, NEAR, ZEC, HYPE, and LIT.

Serenity posted a reminder that the fundamentals of storage shortages have not changed and may even become more acute. The market will shift from one bottleneck sector to another, but the companies themselves remain unchanged; what changes are the valuations and narratives. Serenity added several pieces of evidence suggesting that the storage supply-demand gap may be worse than the market expects: Nikkei reported that Japanese distributors claim the storage demand gap has reached 40% to 60%, and prices may rise by about 50% by the end of the year; SpaceX has not accounted for the approximately $1.3 trillion capital expenditure from ultra-large cloud providers, and total spending may exceed expectations; SanDisk's expected gross margin of 80% is expected to be maintained until 2030; and order visibility for companies like Samsung has extended to 2031.Serenity emphasized that storage stocks are highly volatile, with some of its positions showing unrealized gains of over 270%, making them easier to hold. However, the company's operational fundamentals and short-term stock prices often do not align. The same logic applies to other bottleneck areas such as optical modules, CW lasers, and substrates; after a rebound in stock prices, there is no need to assume that shortages have ended. Storage prices and supply-demand structures remain tight, and market sentiment and valuation narratives are rapidly rotating.

ByteDance is set to secure a $29.6 billion syndicated loan. Initially, ByteDance planned to raise $20 billion, but due to strong demand from banks, the size was ultimately increased to $29.6 billion. The funds will primarily be used for general corporate purposes. The transaction has not yet been officially signed, and banks are still confirming allocation amounts. Once completed, this loan will become the second-largest dollar-denominated syndicated loan in Asia this year, following SoftBank Group's $40 billion bridge loan in March.ByteDance is accelerating its investment in AI, considering raising its capital expenditures to as much as $70 billion in 2026, which is more than double last year's amount, mainly for the expansion of data centers and other AI infrastructure. The last large-scale overseas loan by ByteDance occurred in 2024, raising approximately $10.8 billion.

Crypto KOL Rune posted that his previously disclosed idea of "acquiring a Nasdaq-listed company and tokenizing equity on the Robinhood Chain" is actually a post generated by Claude, and the related data is all fabricated or exaggerated.Previously, Rune claimed to have acquired a 37.4% stake in a certain Nasdaq-listed company for $1.8 million and planned to pair the tokenized stock with a Meme coin.

Analyst Rekt Fencer released a chart showing the BTC to Nasdaq 3-day line ratio, marking three significant pullbacks: approximately -84.9% in 2018, approximately -80.7% in 2022, and currently about -54.3% in 2026.Rekt Fencer stated that after the first two times Bitcoin lagged so significantly relative to the Nasdaq, there were very strong independent upward trends, with prices subsequently surging. The current ratio has again dropped significantly, and history may repeat for the third time; the bottom is nearing, and BTC will strengthen again.

According to Decrypt, the financial investigation department of the police in Avon and Somerset, UK, has seized 20.21 bitcoins along with other crypto assets and bank account funds, totaling approximately $1.4 million (£1.03 million). Investigators traced the assets to dark web markets that operated between 2016 and 2019, all of which have now been shut down by law enforcement and were involved in criminal activities such as drug supply and human trafficking.This is the largest cryptocurrency seizure operation by the police since the introduction of the cryptocurrency wallet freezing order in the UK in April 2024. This power allows the police to freeze and seize cryptocurrencies without prior arrests, transferring them to wallets controlled by law enforcement, and seizing written passwords or storage devices. The individuals involved had previous money laundering convictions and are now deceased.The police pointed out that every transaction processed by these markets is permanently recorded on the blockchain, serving as a valuable source of evidence. The assets were seized earlier this year under the Proceeds of Crime Act, with the court determining that they represented proceeds from illegal activities, and the recovered funds will be used for community and policing projects.

Zhao Changpeng stated at the "Bitcoin Asia 2026" conference in Hong Kong that many countries have misconceptions about Bitcoin, viewing it as a dangerous asset. However, in fact, not using Bitcoin is more dangerous, just like not investing in AI technology is a real risk for a country today.When discussing strategic reserves, he mentioned that Bitcoin will definitely be more important than gold. Large countries will take time to make this shift, but this trend will certainly occur. He believes that the possibility of a digital currency emerging that is superior to Bitcoin and surpassing it, taking the lead before Bitcoin overtakes gold, is very small. In the future, Bitcoin will soon surpass gold; currently, the gap between the two is only about 10 times, which could be realized in the next bull market.Regarding reserve allocation recommendations, he stated that he usually advises countries to allocate the top five cryptocurrencies by market capitalization (excluding stablecoins) in addition to their dollar reserves, according to their market capitalization proportions. This is the simplest and most market-oriented approach. Typically, Bitcoin will account for over 50%, Ethereum will account for 10%-20%, and BNB and others will also be included.

X account bitcoinarchive states that VanEck indicates all 12 quantitative signals show that the Bitcoin bear market has ended.VanEck also points out, "Saylor's strategy sell-off looks like a typical newspaper headline bottom."

Tom Lee posted on platform X that ETH's weekly increase reached 30%.He stated that, based on historical performance, such a significant single-week increase in ETH often indicates that there may be even larger upward movements in the coming weeks.

According to GMGN data, the top 5 trending sector tokens in the past 24 hours are as follows:CATE (Ai66....ump): Currently priced at $0.0327, market cap of $31.51 million, 24h change -58.8%, 24h trading volume $78.38 million, number of trades 298,607;Dinger (3kvZ....ump): Currently priced at $0.0002, market cap of $140,000, 24h change -31.2%, 24h trading volume $11.70 million, number of trades 101,613;YOMOGI (4978....ump): Currently priced at $0.0001, market cap of $88,000, 24h change -67.6%, 24h trading volume $7.90 million, number of trades 77,456;CYBERCAT (9HHT....ump): Currently priced at $0.0005, market cap of $420,000, 24h change +14.7K%, 24h trading volume $4.95 million, number of trades 88,558;LPC (2g5S....ump): Currently priced at $0.0001, market cap of $69,000, 24h change +2.34K%, 24h trading volume $4.18 million, number of trades 56,030;

Bitwise CEO posted on the X platform stating that in the first half of this year, despite the bear market environment, investors net invested over $1.8 billion into Bitwise products. Among these, the inflows for ETFs/ETPs, private active and Alpha strategies, staking, and vault products all exceeded $100 million.Bitwise is composed of more than 150 individuals from the finance and technology sectors. He stated that these individuals could have pursued other careers but chose to drive this turnaround story alongside the crypto industry. The Bitwise team hopes that the crypto industry can change the world and that the efforts of many participants will be recognized.He mentioned that Bitwise is not the main player in the industry; its role is to support the industry ecosystem and help investors participate in emerging opportunities. He also expressed gratitude to everyone who entrusted Bitwise with managing their investments and assets, stating that the team is happy to engage in related work.

According to GMGN data monitoring, the market capitalization of the Meme coin CATE on the Solana chain has exceeded 80 million USD, currently reported at 80.26 million USD, with a 24-hour increase of over 48%.ChainCatcher reminds users that Meme coins generally have no practical use cases, and price fluctuations are significant, so investment should be cautious.

Grayscale stated in a post on platform X that the rise of Bitcoin this week may signal a market turning point.It pointed out that historically, Bitcoin prices typically bottom out after a retracement of about 80% from the peak of the cycle; however, in this bear market, BTC has only retraced about 50% from its peak, which is a smaller decline than in previous cycles. The market had previously been discussing whether BTC would further decline in the fourth quarter of 2026, but Grayscale believes that although the downside risks have not been completely eliminated, this week's rebound may indicate that the market has formed a more sustainable bottom.

On August 21, the Japanese government will allocate an additional 150 billion yen (approximately 944 million USD) to support the chip startup Rapidus, increasing spending in hopes of competing with companies like TSMC. According to a knowledgeable source, the Ministry of Economy, Trade and Industry of Japan will seek more funding for this domestic contract chip manufacturer in the fiscal year 2027 budget.This government-supported joint venture was established in 2022, aiming to manufacture cutting-edge 2-nanometer chips by 2027 and help Japan reduce its dependence on TSMC. Policymakers view the success of Rapidus and technological independence in AI, robotics, and quantum computing as crucial to national security.

WLFI co-founder Zach Witkoff stated that Sun Yuchen's claims about the latest court ruling contain multiple false statements. Sun Yuchen previously claimed that the court supported his position and described the outcome as a "major victory," but in fact, the court did not make any ruling.Zach stated that Sun Yuchen packaged "temporarily leaving personal demands in court" as a victory, but WLFI never requested to submit his personal demands for arbitration. The motion to dismiss filed by WLFI regarding these personal demands is still pending a court ruling. In other words, the "court support" and "major victory" claimed by Sun Yuchen do not exist.

According to GMGN data, the market capitalization of SOL Meme Coin CATE has rebounded to over $35 million, with a daily increase of over 140%, currently reported at $33 million.Previous news: The owner of DOGE clarified: CATE has nothing to do with him and only recognizes the official projects of DOG and COCORO. Market news reminds users that the prices of Meme coins are highly volatile, and investors should participate with caution.

According to GMGN data, the top 5 tokens with net inflow in the past 24 hours are as follows:CATE (Ai66....ump): Net inflow of $20,000, with a 24-hour increase of 123.7%, currently priced at $0.0315.CEZ (DWrr....ump): Net inflow of $20,000, with a 24-hour increase of 236755.5%, currently priced at $0.006.BULLSHIT (zj1j....y2k): Net inflow of $1,000, with a 24-hour decrease of -12.5%, currently priced at $0.0025.US (4CwR....ump): Net inflow of $634, with a 24-hour increase of 950.3%, currently priced at $0.0001.BABYCATE (F6pM....ump): Net inflow of $502, with a 24-hour increase of 240%, currently priced at $0.0001.