system

Bitcoin News posted on the X platform that after two weeks of using cutting-edge AI to scan almost the entire Bitcoin open-source ecosystem for vulnerabilities, Bitcoin Red Team member @callebtc stated, "The easily discoverable vulnerabilities have been addressed," and maintainers are verifying "a large number" of serious and high-risk vulnerabilities.@callebtc indicated that the main findings include: decades of accumulated open-source technical debt are being exposed alongside AI capabilities that can discover vulnerabilities at speeds and scales unattainable by human researchers; Lightning seems particularly vulnerable, with its complexity meaning its security status is "worse than average"; unmaintained Bitcoin projects should be considered vulnerable until their security is confirmed.Projects that began building AI security and auditing processes months ago are now in a completely different position compared to those that have been waiting until now. The Bitcoin Red Team has now completed a foundational scan of almost the entire Bitcoin open-source ecosystem. Easily discoverable vulnerabilities have mostly been addressed, but as AI capabilities improve, external red team testing may need to continue indefinitely. Despite discovering and reporting "a large number" of real serious and high-risk vulnerabilities, @callebtc believes this process will ultimately make Bitcoin stronger. The same AI security review will soon expand to areas far beyond Bitcoin.

AI Economic Settlement Agreement AEON announced its integration with Colombia's national instant payment system Bre - B, allowing users to complete payments using cryptocurrency through the Bre - B standard QR code, while merchants receive payments in Colombian pesos (COP). AEON has supported over 50 million merchants globally, and this integration further extends the AI settlement network into the local payment systems of Latin America, providing the infrastructure support for AI and AI Agents to access real commercial scenarios and complete transactions and fiat currency settlements through local payment networks.

Brazilian Bitcoin treasury company OranjeBTC (B3: OBTC3) announced the launch of the Digital Yield ETF (DIGY11), which is created in collaboration with 3R Investimentos and MarketVector, and is expected to be listed on the Brazilian Stock Exchange B3 in early September.DIGY11 will initially invest in preferred shares issued by Strategy through STRC and preferred shares issued by Strive through SATA, distributing returns to investors in Brazilian reais on a monthly basis while providing daily liquidity and currency hedging. Under current market conditions, DIGY11 is expected to provide an annualized distribution yield equivalent to CDI plus approximately 3% to 5%, but this estimate does not include fluctuations in the fund share price and does not constitute a guarantee of returns. This ETF does not directly invest in Bitcoin but provides Brazilian investors with a localized channel to access USD returns and exposure to Bitcoin ecosystem assets by holding preferred shares related to Bitcoin treasury companies.

According to Gate market data, the stock price of artificial intelligence chip manufacturer Cerebras Systems fell by 17.3% in pre-market trading due to second-quarter revenue not meeting market expectations.

The Dragon AI accelerator (referred to as DAA) initiated by Draper Dragon Fund has announced a strategic cooperation with m&W (m&W DAO). Both parties will carry out ecological cooperation in cutting-edge fields such as AI, Web3, and digital collaborative networks, jointly promoting the connection and development of outstanding Builders, innovative projects, and ecological resources. Among them, m&W officially joins DAA, and DAA provides consulting and connects investment institutions and industrial resources according to the accelerator program design.The basic productivity unit in the AI era is Builder + Digital Twin (Builders + Digital Avatars). m&W is committed to building a trustworthy collaborative order in the AI era. Currently, the project has achieved a cold start using the DAO mechanism: the official website is online; the aggregated and consolidated MVP of builders' products is online; m&W has completed the gathering of nine genesis nodes and is preparing for the operation of 200 consensus nodes.

According to blogger Max For AI, DeepSeek Harness (DSH) will officially start public testing on August 13. The final internal test version will be pushed tonight for developers to complete the final plugin compatibility work, and the plugin repository should include the #dsh topic tag. Plugins developed during the internal testing period can be migrated to the developer's personal account and made public. This means that DeepSeek is not only releasing the Harness product this time, but its accompanying plugin ecosystem will also be opened simultaneously. Currently, the official announcement has not been made, and specific details will be based on official information.

According to official news, Bitget C2C has officially launched the merchant ecosystem recruitment. This recruitment adopts a selective and invitation-based model, with dedicated business managers providing one-on-one access. The platform requires that applying merchants must be certified merchants from other platforms and have more than 180 days of industry experience; for senior high-level merchants, a "certificate direct upgrade channel" is open, allowing for direct upgrades to bulk merchants based on relevant certifications and transaction records, enjoying expedited review, 1V1 exclusive connection, and platform traffic exposure support.To accelerate ecosystem construction, Bitget has launched a dual incentive program. New merchants can receive a 100 USDT onboarding reward after completing specified tasks; existing merchants can receive up to 200 USDT referral rewards for each new merchant they successfully refer, with no limit on the number of referrals. The event will last until September 30 at 23:59 (UTC+8). For more details, please refer to the Bitget official platform.

ENS DAO has voted to approve the proposal "Next Era of ENS DAO" and completed on-chain execution, officially establishing the ENS Foundation to promote the ENS ecosystem into a new governance phase.According to the proposal, the ENS Foundation will become a fully operational organization, equipped with a full-time executive director, a professional team, and a board of directors consisting of 5 members, responsible for undertaking institutional work related to ENS in areas such as law, policy, standard-setting, and brand protection.ENS stated that over the past nearly ten years, ENS has developed into an important infrastructure within the Ethereum ecosystem, with millions of registered domain names, and has been integrated by numerous wallets, applications, and Layer 2 networks. However, the DAO itself lacks legal entity status, making it unable to effectively participate in the governance of the internet naming system, sign institutional cooperation agreements, hire full-time employees, maintain trademark rights, or engage in regulatory discussions. The establishment of the ENS Foundation aims to fill this gap. In the future, the foundation will be responsible for:Representing ENS in internet standard organizations such as ICANN, IETF, and W3C, promoting the recognition and management of the ".ens" top-level domain (TLD);Participating in policy discussions as a legal entity, communicating with regulatory agencies and government departments;Holding and protecting ENS trademarks and intellectual property, combating phishing and impersonation;Hiring full-time employees responsible for ecosystem operations, funding programs, and fund management;Becoming a formal cooperation entity between traditional institutions such as registrars and standard organizations and the ENS ecosystem.

Chairman Paul S. Atkins of the U.S. Securities and Exchange Commission (SEC) wrote to Robert Walley, Chairman of the Consolidated Audit Trail (CAT) Operating Committee, indicating that the SEC plans to undertake a comprehensive reform of the CAT system, including adjustments to its governance structure, funding sources, and operational model.Atkins stated that during his tenure, the SEC has significantly reduced the annual operating costs of CAT by issuing exemptions and approving amendments to the CAT NMS plan, and has eliminated the requirement to report personally identifiable information (PII) to the CAT system.These reforms have lowered system costs and the scope of data collection, but CAT still faces fundamental issues regarding costs, governance, and funding mechanisms. To address these issues, the SEC released a concept request for comments on April 16, 2026, to conduct a comprehensive review of CAT and other audit trail systems and data sources used in the regulation of U.S. securities markets.The SEC indicated that it has received hundreds of feedback comments, with one core consensus being that investors and market participants want the SEC to take more responsibility for the management and funding arrangements of CAT.Atkins stated that he has asked SEC staff to propose deep reforms for CAT, including: 1. Exploring new funding sources for CAT, including the use of congressional appropriations and transaction fees under Section 31 of the Securities Exchange Act; 2. Drafting rule proposals that, if approved, would repeal Rule 613 and require exchanges, FINRA, and broker-dealers to continue using the existing CAT infrastructure and reporting standards to submit CAT data directly to the SEC or its designated agency; 3. Assessing the internal resource needs of the SEC to prepare for the SEC's future assumption of governance responsibilities for CAT.The SEC expects that this reform will involve multiple stages and will need to be advanced simultaneously, with the overall transition potentially lasting until the end of 2027.

According to Bloomberg, Nasdaq has announced that it has reached an agreement to acquire the dark pool trading platform LeveL Markets to further expand its footprint in the stock market trading infrastructure sector.This transaction is also part of Nasdaq's ongoing efforts to extend the boundaries of traditional exchange business. In recent years, Nasdaq has transformed from a single stock trading platform into a comprehensive market infrastructure provider covering trading, market data, indices, clearing, and fintech services.Insiders revealed that Nasdaq will acquire 100% of LeveL Markets. The dark pool trading platform allows institutional investors to conduct large stock trades without disclosing order information, which can reduce market impact and enhance execution efficiency.As institutional trading demand increases and competition in the stock market intensifies, trading platform operators are expanding their influence in capital market infrastructure by acquiring alternative trading systems, data services, and trading technology platforms.

According to Digital Asset, LG CNS, an IT service company under South Korea's LG Group, plans to launch a brand new blockchain service in September, specifically targeting the stablecoin ecosystem, covering core functions such as digital wallets, transaction processing, fee payment, and on-chain data management.Lee Jung-hwa, head of the blockchain department at LG CNS, stated that wallets are the most important infrastructure in the stablecoin ecosystem. In the future, whoever controls the wallets and the fiat currency entry and exit channels will occupy a key position. The company has previously accumulated technology related to CBDC and deposit tokens by participating in the Bank of Korea's "Project Hangang" and has verified various on-chain settlement models in experiments.

ChianCatcher news, Solana Foundation Chair Lily Liu tweeted that the foundation's work revolves around two main goals: attracting top talent and capital to Solana. Capital and talent are interdependent and mutually prerequisite. She pointed out that "king-making" is shortsighted and self-limiting, and that "trustworthy neutrality" is feasible in code, but insufficient when applied to humans who require judgment. The foundation's principle is to be open to talent: actively promoting competition and letting the market decide the outcome. No one can rise above the market.Regarding perpetual contracts, the foundation has always supported diversity among builders, and the recent efforts include making the perpetual plan and cutting-edge trader program public. It is not true that only one team on Solana can build fully on-chain perpetual contracts; several teams have recently challenged this. A fully on-chain architecture is more valuable for DeFi and Solana's future. The foundation does not determine success or failure; the market does.

Ethereum ecosystem infrastructure provider EthSystems announced a partnership with the local Korean institution Undefined Labs. The two parties will jointly promote the application of Ethereum technology in the fields of finance and digital assets in Korea.EthSystems will provide technical support in areas such as privacy, tokenization, and financial infrastructure, while Undefined Labs will leverage its deep understanding of the Korean market and local industry resources to assist in education, seminars, technical framework design, and use case development, facilitating the entire process from early exploration to proof of concept and then to production systems. EthSystems stated that Korea is one of the important markets for the next phase of Ethereum adoption, and this collaboration marks the starting point of its expansion in Asia.

ChainCatcher has now reached a strategic cooperation with the high-performance modular enterprise-level Layer1 ENI and has joined the ENI Top 100 Institutions program, serving as an ecological super node.The two parties will subsequently cooperate in areas such as global community expansion, on-chain ecological construction, Web3 infrastructure, industrial resource synergy, and global market expansion, exploring more opportunities for ecological co-construction and application implementation.It is reported that ENI is a modular Layer1 designed for large-scale commercial scenarios. The ENI Top 100 Institutions program mainly targets global institutions, trading platforms, and ecological partners, promoting infrastructure construction, ecological resource connection, and application scenario expansion through the establishment of a super node cooperation network. Through the global super node network, ENI is continuously strengthening infrastructure, expanding commercial landing scenarios, and creating sustainable long-term value for the entire ecosystem.

Solana ecosystem social application Memebook has completed a $1 million seed round financing, with investors TOF and Ventures.According to reports, Memebook is a social application similar to Instagram built on Solana, where users can register using a Solana wallet and share photos, videos, and text posts. It includes a wallet-based authentication system, as well as a verification system for Solana Mobile users and other Solana wallets.

The Financial Supervisory Service (FSS) of South Korea has launched a three-month project to rebuild the fraud refund system with a budget of approximately 119 million won. This upgrade aims to align with the revised Telecommunications Fraud Damage Compensation Act, which will officially take effect on October 1, and formally includes virtual assets in the categories of "damaged property" and "refundable property."The new system will support the calculation of compensation amounts based on token types and quantities, using the value of the won at the time the funds were frozen as a reference benchmark, and will also have the capability to dismantle mixed fraud funds across multiple accounts. Major exchanges such as Upbit, Bithumb, Coinone, Korbit, and GOPAX will be required to undertake anti-fraud and victim relief obligations equivalent to those of banks, including verifying transaction purposes, monitoring suspicious funds, and freezing suspected accounts.

According to ChianCatcher news, OKX founder Star tweeted that the team completed a significant engineering milestone last week, successfully migrating a high-traffic core trading system from one country to another with zero user-visible downtime. The only impact was a temporary increase in latency of about 30-40 minutes. The team believes this may be the first achievement of its kind in the industry at this scale. Migrating a key trading system while maintaining uninterrupted service, data integrity, and trading continuity is extremely challenging.

According to SBS, the Financial Supervisory Service (FSS) of South Korea has begun a comprehensive reform of its system to address compensation issues related to financial fraud, including voice phishing involving virtual assets. The FSS launched the "Financial Fraud Loss Compensation System Improvement Project" on August 6. This project aims to reform the existing compensation calculation system centered on the Korean won, in preparation for including virtual asset losses in the compensation scope starting in October this year.The current system primarily calculates compensation amounts based on losses valued in Korean won, but after the reform, a compensation ratio will be adopted, taking into account the type and quantity of virtual assets involved. Additionally, during payment suspensions, the Korean won exchange value of virtual assets will also be included in the calculations.

ChianCatcher news, well-known crypto KOL katexbt tweeted that HyperEVM is a huge failure, with 13 out of 18 HyperEVM projects being a complete waste of time.Specifically, this includes 2 that have been delayed (felix, hyperbeat), 7 that are dead (hyperdrive, hypurr, liminal, hyperstablex, looped, laminar, sentiment), 3 that have achieved nothing after TGE (hyperlend, hyperswap, kittenswap), 1 that is still pending but will be delayed (valantis), 1 that had a decent early participation (harmonix), 1 that might still be good (unit / tradexyz), and only 3 that are performing decently (Markets / Kinetiq, ProjX, and Nest).