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According to monitoring by Catcher Predict, in the prediction market Polymarket for the event "LoL Hanwha Life Esports vs T1 LCK Playoffs," the "Yes" option for the sub-market "Any Player Quadra Kill" has experienced a dramatic fluctuation in win rate, soaring from 26.5% an hour ago to the current 50% (a fluctuation of 23.5%). Please note the impact of relevant breaking news.

The long-established financial media in Hong Kong, "Hong Kong Economic Journal," published a column article citing statistics from RootData, indicating that in the first seven months of 2026, over 100 cryptocurrency projects have announced shutdowns, bankruptcies, or indefinite service suspensions. The article states that the actual number of closures may be higher, as many projects have not officially announced their status but are "slowly disappearing."The article further states that this wave of closures is not limited to a single sub-sector but is widely affecting various projects, including exchanges, wallets, DeFi, DAO tools, Layer 2, and infrastructure, showing a trend of spreading across the entire sector.

According to TrendForce, at Hot Chips 2026, Micron emphasized that the progress of AI computing power is faster than storage improvements, and the challenge of the "storage wall" is becoming increasingly prominent. Micron Fellow Raghu Sriramaneni pointed out that the computing power of AI accelerators increases approximately threefold every two years, while the bandwidth of HBM increases by less than double during the same period, and the gap may further widen. The deepening reliance on HBM also brings reliability issues; Micron cited Meta Llama 3 data indicating that HBM failures account for about 17% of unexpected training interruptions. New designs that blur the boundaries between computing and storage may help break through the bottleneck.The expansion of HBM also brings area and supply pressures: the latest generation of packaging integrates two GPUs with eight 12-layer HBM4 stacks, with storage accounting for about 90% of the semiconductor area, more than eight times the area occupied by GPUs; achieving equivalent capacity with HBM requires about three times the wafers of standard DDR5 DRAM. Thermal management has also become a key constraint, with solutions such as liquid cooling and ultra-thin chips being explored.Micron is advancing innovations in interconnect, packaging, and cooling, including SerDes and die-to-die PHY optimized for storage, larger size SiP and advanced packaging with glass substrates, as well as liquid cooling and hybrid bonding, and is developing fusion bonding to reduce thermal resistance and enhance data throughput.

According to Cointelegraph, ARK Invest founder Cathie Wood stated that analysts focused on Visa and Mastercard fail to understand the disruption brought by Circle, even though Circle has risen 84% since its IPO.

According to the case information page of Verita Global, the cryptocurrency mining pool operator Poolin Technology PTE. LTD and its affiliated entities Lonestar Taproot LLC and Lonestar Dream, Inc. filed for bankruptcy protection under Chapter 11 of the United States Bankruptcy Code on July 22, 2026, in the Federal Bankruptcy Court of New Jersey, with the case presided over by Judge Eamonn J. O'Hagan, and the joint administration case number is 26-18325.In terms of important milestones, the creditors' meeting was held on August 28, the bidding deadline is September 8, and the asset sale hearing is scheduled for September 18. The debtor's legal representation is provided by Archer & Greiner, P.C., and creditors can submit proof of claim to the claims processing center located in El Segundo, California, KCC dba Verita Global by mail.

According to Decrypt, the Dutch prosecution has sold the seized crypto assets from the bankrupt cryptocurrency platform Knaken, raising approximately $2.5 million to repay creditors.The bankruptcy trustee stated that the funds invested by clients are estimated to be between $12 million and $14 million, and the proceeds from the sale are currently the main available funds in the bankruptcy estate.

According to OnchainLens monitoring, this morning Alameda Research / FTX's bankruptcy wallet address unstaked 201,740 SOL, approximately 15.2 million USD.The funds have been transferred to multiple BitGo custody wallets and may be used for payments to creditors.

According to Onchain Lens monitoring, Alameda Research's bankruptcy wallet has unstaked 201,740 SOL after staking for 5 years, worth approximately $15.27 million.This position initially held 164,380 SOL, earning approximately 37,360 SOL in staking rewards, currently valued at about $2.83 million; the value of this staked asset has increased from around $352,000 at that time to the current approximately $15.27 million.

Preliminary data from the U.S. government shows that in July this year, U.S. imports of crude oil from Saudi Arabia fell to zero, marking the first time since 1985 that there has been an entire month without imports of Saudi crude oil.Data released by the U.S. Department of Energy indicates that shipments of Saudi crude oil to the U.S. completely ceased in July. It is expected that U.S. crude oil imports from Saudi Arabia will resume to about 300,000 barrels per day this month.

According to Jinshi reports, affected by the dual impact of geopolitical conflicts and the strong El Niño disrupting global rainfall patterns, core agricultural costs such as crude oil and fertilizers are soaring, brewing a "perfect storm." A new round of global food inflation crisis may fully erupt from the end of this year to next year.

According to monitoring by Catcher Predict, in the predicted market Polymarket for the event "LNG Esports vs. Invictus Gaming," the "Yes" option for the sub-market "Any Player Quadra Kill" has experienced a sharp fluctuation in winning probability, rising from 50% an hour ago to the current 90% (a fluctuation of 40%). Please note the impact of related breaking news.

According to The Defiant, Paris-based startup Kulipa suddenly ceased operations due to debt issues, leading to the simultaneous interruption of card projects for about 20 crypto wallets and fintech companies it served. Both the self-custody wallet Ready (formerly Argent) and the Solana wallet Solflare were affected, with user card services being immediately disabled.Since both wallets use a self-custody structure, funds are only deducted from the user’s wallet at the time of purchase, and user assets were not harmed. Notably, Kulipa had completed a $6.2 million seed round financing co-led by Flourish Ventures and 1kx in April of this year, just about 4 months before its collapse.

According to Cointelegraph, U.S. Senate Minority Leader Chuck Schumer has officially proposed the Anti-Corruption Bureau Creation Act, which aims to establish a new government agency dedicated to addressing corruption at the federal level. The bill specifically names Trump, citing his disclosed investment earnings of over $2 billion in 2025 (of which $1.4 billion is related to cryptocurrency), as well as his family's holdings in cryptocurrency funds linked to foreign governments totaling over $1 billion.The proposed agency will consist of 7 bipartisan members, who will take office upon confirmation by the Senate, and will have "substantive powers" to investigate, enforce, and prevent administrative corruption, integrating the Federal Election Commission, the Office of Government Ethics, and the Office of Special Counsel under one roof. Senators Andy Kim, Alex Padilla, and Jeff Merkley jointly proposed the measure. White House Deputy Press Secretary Anna Kelly responded that Trump's investments "are held in a fully managed account by an independent third-party financial institution, with no conflicts of interest."

According to Jinshi News, JPMorgan Chase expects that the U.S. Treasury will avoid making adjustments that could imply an expansion of bond issuance when it announces its quarterly refinancing plan next week, in order to avoid disturbing the bond market before the midterm elections in November.JPMorgan Chase also anticipates a funding gap of $3.7 trillion over the next four fiscal years, and officials should adjust the long-term guidance on auction sizes to achieve the Treasury's goal of "prudent debt management."

According to TheMinerMag, the former largest Bitcoin mining pool in the world, Poolin, has applied for Chapter 11 bankruptcy protection in the United States, planning to sell its Texas Bitcoin mining assets for $52 million and cease operations. Poolin and its two U.S. affiliates submitted a voluntary application to the bankruptcy court in New Jersey on July 22, with liabilities of approximately $173 million, of which about $163.7 million is unsecured IOUs issued to Poolin wallet users after withdrawals were suspended during the downturn of the crypto market in 2022.Approximately 11,700 wallet users hold balances of over $100. Its two Texas mining sites ceased mining and hosting operations on July 10. Poolin has reached an asset purchase agreement with Thor CALAP LLC, with the Pyote site valued at $15 million and the Tarbush site’s power rights and equipment valued at $37 million, making a total bid of $52 million as the starting bid. Poolin stated that demand for AI infrastructure may increase the value of the mining site’s power and equipment. The final recovery amount from the court auction will depend on bids, fees, and court approval.

Fox Business crypto reporter posted on the X platform stating that the bill outlines the rules for handling digital assets in the event of bankruptcy of exchanges or custodians.The bill helps ensure that customer assets receive the same protection as traditional financial assets and remain the property of the customers, rather than becoming part of the company's bankruptcy estate. This could help prevent a situation similar to FTX from occurring again.

According to The Block, Movement's original core development company Movement Labs (MVMT) applied for Chapter 11 bankruptcy protection in a bankruptcy court in Delaware, USA, earlier this month.According to documents submitted on July 15, the company reported assets between $100,000 and $500,000, with liabilities reaching up to $10 million, listing nearly 299 creditors, among which the largest unsecured claim is over $1.6 million from the ousted co-founder Rushikesh Manche. Manche retains a 34.25% equity stake and has previously filed a lawsuit regarding legal fees related to the Department of Justice grand jury investigation into the MOVE token issuance scandal, which was supported.The company was the core developer of the Ethereum Layer 2 network Movement Network and completed a $38 million Series A financing led by Polychain. In December 2024, the MOVE token issuance crisis was triggered by a market maker sell-off, leading to Manche's dismissal after an internal investigation, and core development work has since been transferred to Move Industries.

According to Bitcoin.com, U.S. Senator Cynthia Lummis stated that the CLARITY Act will change the way customer crypto assets are handled when digital asset platforms enter bankruptcy proceedings; customer assets should continue to belong to the customers, rather than being included in the company's bankruptcy estate.The bill requires regulated digital asset intermediaries to treat customer cash and digital assets as customer property and to segregate them from company property. The bill also generally prohibits brokers, dealers, and exchanges from using customer assets for their own or others' benefit without authorization.The bankruptcies of Celsius and Voyager sparked disputes over the ownership of customer deposits. In January 2023, U.S. Bankruptcy Judge Martin Glenn ruled that the cryptocurrency deposited in Celsius Earn accounts became company property under the terms of use, involving approximately 600,000 Earn accounts and about $4.2 billion in assets.Lummis stated that the CLARITY Act also aims to provide regulatory certainty for developers, enhance investor protection, and improve market integrity. The bill will clarify the responsibilities of the U.S. Securities and Exchange Commission (SEC) and the U.S. Commodity Futures Trading Commission (CFTC) in different areas of the crypto market, and it has already passed the House of Representatives but has not yet passed the Senate.

According to Magzter, the Indian Enforcement Directorate conducted searches at 19 locations from July 10 to 11 in a money laundering investigation involving online investment fraud and "work from home" scams, including 16 locations in Tamil Nadu, 2 in Kerala, and 1 in Srinagar.During the operation, approximately 335 million rupees in cryptocurrency, 145,000 rupees in cash were seized, and over 400,000 rupees in bank accounts were frozen, while documents, electronic devices, and bank records were confiscated.