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Cobo co-founder and CEO Shen Yu recalled that he has a deep shadow over ZEC. When ZEC's mainnet launched in 2016, BitMEX set the price ceiling at 10 BTC, which also became the historical high point for ZEC.He stated that shortly after starting to mine on the night of the launch, the transformer of the GPU mining farm was struck by lightning, and since then, ZEC has not appeared in his personal wallet again.

According to CoinDesk, a 22-year-old man from Singapore will plead guilty in one of the largest cryptocurrency thefts in the United States.The scammer posed as customer service representatives from Google and Gemini, tricking an investor into handing over Bitcoin worth $240 million.

According to Digital Asset, the National Tax Service of South Korea has issued regulations stating that even if overseas virtual asset (digital asset) exchanges go bankrupt, individuals with accounts at those exchanges must declare those accounts as overseas financial accounts. The National Tax Service stated on the 28th of last month: "Residents who open accounts with overseas virtual asset operators for the purpose of trading digital assets must declare those accounts as overseas financial accounts, even if the operators go bankrupt."In addition, it is expected that the scale of digital assets included in the overseas financial account declaration will reach 105 trillion Korean won by 2026, a decrease of 5.4% compared to 2025.

According to Bloomberg, after NVIDIA acquired the AI platform Hugging Face for about $13 billion, the three French co-founders—38-year-old Clément Delangue, 42-year-old Julien Chaumond, and 41-year-old Thomas Wolf—each saw their net worth rise to about $1.8 billion, marking their debut on the Bloomberg Billionaires Index.The deal is expected to be completed in the first half of 2027, and the three co-founders will continue to serve under a six-year retention agreement. NVIDIA has committed that Hugging Face will remain an open platform, allowing users to freely upload and download AI models and datasets. Hugging Face was founded in 2016, initially starting in Paris and now headquartered in Brooklyn.

According to Digitalasset, the South Korean National Tax Service plans to introduce commercial tracking programs used by domestic and foreign investigative agencies to track and analyze the flow of funds between digital asset wallets, in order to close the tax loophole for virtual assets in personal wallets.The South Korean government stated that digital assets held in personal wallets and overseas exchanges are subject to taxation as long as there is income generated from transfers or loans. The overseas exchanges will respond through the Crypto Asset Automatic Information Exchange Framework (CARF).

Zhao Changpeng recently commented on the emotional and property disputes related to Sun Yuchen, stating that while aggressive marketing can be acceptable, there is no need to use the incident for personal attacks or to affect others' future career development. Instead of disclosing unnecessary details, it is better to resolve the matter directly through legal means. He hopes both parties can handle it properly and respect each other.Zhao Changpeng then added that the cryptocurrency industry should set higher standards for itself. In response, Sun Yuchen expressed agreement, stating, "Mutual respect, proper resolution, and leave the rest to the court; I won't say more."

U.S. non-farm payroll benchmark change preliminary value for 2026 (not seasonally adjusted) -79,000, expected 183,000, previous value -862,000.

The U.S. Securities and Exchange Commission (SEC) has filed civil lawsuits against 38 entities, accusing them of making significant false statements in the Form ADV documents submitted between 2025 and 2026, in order to present themselves as legitimate U.S. investment advisors and attract retail investors.The defendants include several entities involved in cryptocurrency business, such as CryptoOrbit, Ftaexchange, Pinnacle Crypto Exchange, Quantum Financial Institute, and RBH Infinity Exchange. The SEC has removed the relevant ERA filings of the aforementioned 38 entities from its website and is seeking a permanent injunction and civil penalties.

In July, the personal income month-on-month rate in the United States was 0.4%, higher than the expected 0.2% and the previous value of 0.2%.

According to LiveMint, Nvidia CEO Jensen Huang stated in the All-In podcast that he personally reviews the compensation and remuneration proposals for the company's approximately 42,000 employees at the end of each cycle, and he almost always increases operating expenses. He said, "If you take good care of your employees, everything else will fall into place," and noted that there are more billionaires born from his management team than from any other CEO.The report cited a survey of about 3,000 Nvidia employees, stating that approximately 76%-78% of employees have become millionaires, with about half having a net worth exceeding $25 million. Employees can purchase stock through the company's stock purchase plan at a 15% discount, and Nvidia's stock price has increased nearly 3,800% since 2019, significantly boosting employee wealth.

On August 25, CITIC Construction Investment Research reported that on August 21, OpenAI reduced the price of GPT-5.6 SolAPI by over 20%, further lowering the cost of high-performance model calls, which is expected to drive growth in high Token scenarios such as Agent and code generation, continuously boosting demand for inference-side computing power.Alibaba's latest quarterly AI Cloud and Compute Services revenue was approximately 48.4 billion yuan, a year-on-year increase of 45%. Revenue from AI-related products has seen triple-digit growth for 12 consecutive quarters, confirming that AI demand is accelerating towards commercialization. We remain optimistic about the opportunities in the industrial chain driven by the commercialization of large models and the increase in computing power demand, including optical modules, servers, liquid cooling, and cloud computing.

Sun Yuchen stated that his lawyer recently appeared in federal court in California to oppose World Liberty Financial (@worldlibertyfi)'s request to force the dispute into confidential arbitration and seal documents. The court ruled that all of Sun Yuchen's personal claims will continue to be heard in open court; at the same time, it rejected the suggestion to submit all company-related claims to arbitration and required both parties to negotiate which claims will remain in court and which will go to arbitration. Sun Yuchen called this a significant victory, emphasizing that token holders have the right to know how the project treats its trusters.Sun Yuchen stated that as one of the earliest and largest investors in World Liberty, he invested $45 million to obtain $WLFI tokens. The lawsuit alleges that after this investment helped raise approximately $550 million in token sales, the project secretly embedded a backdoor in the smart contract that could unilaterally freeze, restrict, or destroy token holders' tokens, and based on this, illegally seized his tokens, even threatening him with criminal reports during his rights protection efforts. The lawsuit claims damages amounting to hundreds of millions of dollars. He has previously obtained a court injunction prohibiting the other party from destroying or disposing of his tokens.Sun Yuchen also stated that World Liberty similarly embedded backdoor capabilities in its USD1 stablecoin and mentioned that the project had pledged a large amount of $WLFI tokens as collateral in Dolomite lending, as well as public information regarding co-founder past lawsuits related to Dough Finance, expressing concerns about the project's solvency and transparency, urging investors to conduct their own due diligence and remain cautious. The above content is all his unilateral statements and accusations.

According to Digital Asset, the South Korean government stated that digital assets held by residents through personal wallets or overseas exchanges, as long as they generate income from transfers or lending, are generally subject to taxation.The digital asset tax will be implemented starting January 1, 2027, taxed as other income, with a deduction of 2.5 million won and a tax rate of 20%, including local taxes up to a maximum of 22%.

According to Nikkei News, SoftBank Group is preparing to issue corporate bonds aimed at individual investors, with an issuance scale expected to be 1 trillion yen, which will become the largest corporate bond issuance for individual investors in Japanese corporate history.This move aims to utilize sources of funds such as Japanese personal savings against the backdrop of intensified global competition in artificial intelligence investment and rising funding demands. The bond has a term of 7 years, and the interest rate and other issuance conditions are expected to be determined in early September.

The Hong Kong Securities and Futures Commission has published multiple websites impersonating the licensed virtual asset trading platform Hash Blockchain Limited on its official website. It is reported that the relevant websites have been reported by Hash Blockchain Limited as fraudulent sites. At the same time, the Hong Kong Securities and Futures Commission clarified that the relevant websites have no connection with the virtual asset trading platforms licensed by the Commission.

The U.S. July seasonally adjusted CPI annual rate is 3.4%, expected 3.4%, previous value 3.50%.

On-chain detective ZachXBT posted that U.S. threat actor Tiffany Milanovich participated in the theft of approximately $5 million in crypto assets by impersonating hardware wallet and centralized exchange customer service.Her methods included disguising as Bitcoin IRA email support, during one attack transferring about $1.2 million in BTC and ETH from the victim's Trezor wallet, and in another case stealing about $500,000 in BTC from a Coinbase account. Tiffany induced victims to hand over access to their funds under the guise of "customer service calls," later boasting about the stolen money on social media and Telegram groups, mocking victims with recordings, and collaborating with other threat actors to launder money using phishing panels and instant exchange services, with some of the stolen funds still dormant on-chain.The threat actor codenamed "Tiffany" is suspected of participating in multiple crypto asset thefts, gambling the stolen funds at crypto casinos. The platform Shuffle has frozen related accounts based on evidence submitted by ZachXBT; Tiffany previously shared a search and seizure warrant from Connecticut, dated before some of the incidents involved.ZachXBT has obtained chat logs, recordings, and on-chain evidence, anticipating that this individual may face further legal consequences. This threat actor is also linked to the John Daghita (Lick) case, who is suspected of stealing over $46 million in crypto assets from a U.S. government-seized wallet.

F2Pool co-founder Wang Chun stated that OCEAN mining pool co-founder and CTO Luke Dashjr has not only gone bankrupt financially but has also lost his personal credibility.He also sarcastically suggested that Luke might as well try changing the PoW algorithm next, but the outcome would not be good either.