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Nick Tomaino, founder of 1confirmation, commented on the AI investment fund Situational Awareness regarding the recent discussions surrounding the fund, reflecting a long-standing issue in the investment community: many so-called "elites" and "smart money" lack basic risk judgment capabilities.Tomaino stated that he does not understand all the details of the incident and does not wish to comment on the specific liquidation process, but he believes that a deeper issue is that many investors, driven by wealth and attention, gradually ignore facts, risks, and judgments about others.He cited the collapse of FTX as an example, noting that many people could sense something was off after brief interactions with the founder, but a large amount of "smart money" chose to continue investing and endorsing it in pursuit of returns and market narratives.Tomaino pointed out that the founders of Situational Awareness and the investment circles supporting the fund exhibited similar phenomena: investors of the same type chased grand narratives, provided funding, and promoted publicity, but ultimately the fund fell into trouble due to high-risk bets and market reversals. Industry participants learned lessons to avoid repeating the cycle of "chasing trends—ignoring risks—collectively stepping on landmines."

According to Jinshi reports, on Monday, the dollar continued its downward trend due to joint intervention in the foreign exchange market by the U.S. and Japan, which supported the yen. Francesco Pesole, a foreign exchange strategist at ING, stated that the market's doubts about the new Federal Reserve Chairman Walsh's ability to combat inflation are the root cause of the dollar's weakness. He pointed out that many traders are considering establishing long-term short positions on the dollar, but believe that Japan's intervention is only a temporary measure, and the true determinant of the dollar's trend will still be the Federal Reserve's policy.Jefferies strategist Mohit Kumar stated that the pressure for interest rate hikes from the Federal Reserve will continue to increase.

On August 3, WEEX Exchange announced that it has launched zero-fee trading for Bless (BLESS) and is offering a 50,000 USDT airdrop. Activity period: 8/3 18:00 - 8/10 18:00 (UTC+8).During the event, new users can unlock corresponding rewards of 3 / 5 / 10 USDT by reaching specified tiers with their first net deposit and first spot trading (BLESS/USDT); all users can receive a 5 USDT contract bonus daily if their daily BLESS spot trading volume is ≥ 50 U; invite friends to participate in this event, and an individual can earn up to 1,000 USDT in rewards.

Bitget launches a VIP exclusive contract event, which runs from August 3, 18:00 to August 16, 18:00 (UTC+8), with a total prize pool of 88 Apple stock tokens (rAAPL). During the event, VIP users who have not previously completed contract transactions can earn the equivalent of 20 USDT in rAAPL by completing their first transaction and meeting the cumulative trading volume requirement.In addition, if the cumulative contract trading volume reaches the specified threshold, additional rewards can be unlocked. The prize pool is limited and operates on a first-come, first-served basis. For more details, please refer to the official Bitget platform.

According to Jinshi reports, the Israeli Parliament's Foreign Affairs and Defense Committee voted on August 3 to approve the government's application for an extension, prolonging the military emergency mobilization order for two months until September 30 of this year.According to the decision, the Israel Defense Forces are permitted to call up a maximum of 240,000 reservists. Since the outbreak of the new round of the Israel-Palestine conflict in 2023, such applications for extending the emergency mobilization period have been approved every few months.

According to Goldman Sachs, it will include Applied Materials (AMAT.O), Delta Air Lines (DAL.N), Microsoft (MSFT.O), and United Parcel Service (UPS.N) in the list of stocks to buy with confidence. It will remove Broadcom (AVGO.O), Dick's Sporting Goods (DKS.N), Johnson & Johnson (JNJ.N), and ServiceNow from that list.

Coinbase posted on the X platform that it offers stock index perpetual-style futures for U.S. users, allowing them to go long or short on entire sectors.

Fortune Protocol announced the completion of its Pre-A round of financing, which received strategic support from several well-known institutions including MH Ventures, Mapleblock Capital, NewTribe Capital, Basics Capital, and Everwood Capital. The funds will primarily be used to accelerate the technological upgrade of Fortune Agent, expand liquidity in the prediction market, and build ecological infrastructure, further promoting the deep integration of AI and prediction markets.The completion of this Pre-A financing marks a new phase of ecological expansion for Fortune. In the future, Fortune will continue to advance AI Agent capability development, integrate more prediction markets, and foster global community ecosystem development in preparation for the upcoming TGE.It is reported that Fortune Protocol is an AI-driven prediction derivatives protocol that aggregates liquidity from prediction markets to provide users with a unified trading entry for prediction assets, and combines AI Agents to achieve market analysis, discovery of trading opportunities, and execution of intelligent strategies.

According to Arkham data, Bitwise's BSOL ETF has accumulated approximately $891.9 million in SOL.BSOL is currently the largest SOL ETF, attracting nearly 80% of the capital inflow in the U.S. SOL ETF market.

Hong Kong licensed cryptocurrency exchange HashKey Exchange has received approval from JPMorgan to open client fund accounts. HashKey Holdings stated that these accounts will support client fund segregation and settlement through JPMorgan's banking infrastructure.HashKey Exchange activated its client fund accounts with DBS Bank in Singapore on June 30, supporting fiat currency deposits, withdrawals, and settlement services. One week ago, HashKey Holdings merged the previously independent HashKey Exchange and HashKey Global applications into a single entry point.HashKey Holdings went public in Hong Kong last December, raising $206 million through an oversubscribed initial public offering.

According to Jinshi reports, southbound funds had a significant net purchase of 11.031 billion yuan today. In the Hong Kong Stock Connect (Shanghai), the Tracker Fund of Hong Kong and Tencent Holdings received net purchases of 4.75 billion Hong Kong dollars and 1.498 billion Hong Kong dollars, respectively; SMIC had the highest net sell amount, totaling 371 million Hong Kong dollars.In the Hong Kong Stock Connect (Shenzhen), Alibaba-W and Tencent Holdings received net purchases of 3 billion Hong Kong dollars and 935 million Hong Kong dollars, respectively; SMIC had the highest net sell amount, totaling 692 million Hong Kong dollars.

According to official news, the Gate stock section was launched on August 3 at 15:00 (UTC+8) with GIGADEV (兆易创新 03986.HK), ZJINNOLIGHT (中际旭创 03308.HK), SMIC (中芯国际 00981.HK), HHGRACE (华虹宏力 01347.HK), BYD (比亚迪 01211.HK), CATL (宁德时代 03750.HK), ZIJINMINING (紫金矿业 02899.HK), YOFC (长飞光纤光缆 06869.HK), PYPL (PayPal Holdings), JMKE (泽西迈克三明治) perpetual contract trading (settled in USDT), supporting 1-20 times leverage.

According to Sifted, the renowned European venture capital firm Index Ventures recently announced the completion of a new fundraising round of $2 billion, increasing its total investable assets to $3.5 billion. This round of fundraising consists of three parts: a $400 million seed fund, a $900 million early-stage venture fund, and an additional $700 million to the existing growth fund (which has expanded from $1.5 billion to $2.2 billion).Index Ventures stated that the new funds will continue to support founders "from the first round of financing to IPO and beyond," covering the markets in Europe, Israel, and the United States. In the context of this fundraising, AI is its core betting direction, and the firm has successively invested in Mistral, Cohere, and Ineffable Intelligence, founded by former DeepMind researcher David Silver. Previously, Wiz, part of the Index portfolio, was acquired by Google for $32 billion, Figma completed its IPO, and Revolut completed a secondary market share sale (valued at $115 billion), all of which provided strong endorsement for this round of fundraising.

According to the Daily Mail, the Inner London Crown Court recently ruled on a kidnapping and extortion case involving cryptocurrency tycoons. Two wealthy cryptocurrency tycoons from France (both in their 20s) were ambushed by a gang during their visit to London, held for over 52 hours, and subjected to torture including scalding water, cigarette burns, and being bound and beaten, while being forced to transfer $30,000 in cryptocurrency.The prosecution pointed out that the victims flaunted their wealth on social media, which may have attracted the attention of criminals. Ultimately, Gerson Borges and Mohamed Osman were found guilty of conspiracy to commit extortion and unlawful imprisonment, while Julius George, Isaac Bakoya, and William Adebisi were found guilty of unlawful imprisonment. The Flying Squad of the Metropolitan Police successfully rescued the hostages through mobile phone tracking and CCTV, and arrested some of the suspects after a high-speed chase. The mastermind "Nino" (Ibrahim Mohamed) is still at large.

The 10-Q document submitted by 0G Treasury Company ZeroStack to the U.S. Securities and Exchange Commission (SEC) shows that as of June 30, the company had a cash balance of $2.6 million, a working capital of negative $600,000, a cumulative loss of $339.1 million, and confirmed a fair value loss of $82.5 million on digital assets, expecting a net loss of $61.3 million in the first half of 2026.The financial report indicates that as of June 30, ZeroStack held 75.1 million 0G (Zero Gravity) tokens, with a total cost of $163.3 million, but a fair value of only $15.2 million, representing a decrease of about 91% from the book cost. The company stated that its current operations mainly rely on 0G staking rewards and token sales, and its future financing ability will also depend on the price performance of 0G and market trading liquidity.Public information shows that ZeroStack is a publicly listed treasury company with 0G as its core reserve asset, and is not the official or development team of the 0G project. The company participates in the ecosystem through large-scale holdings and staking of 0G, and its operational status is highly correlated with the price trend of the 0G token.

J.P. Morgan strategists believe that as market performance spreads to more sectors, technology stocks or AI-related stocks are unlikely to be the main drivers of market returns in the second half of the year.The team led by Mislav Matejka stated that the sell-off in momentum trading is likely mostly over, and semiconductor stocks are currently close to oversold levels. The team wrote in the report: "As earnings momentum remains upward, this should help stabilize the related stocks." However, they expect market performance to continue spreading to more sectors and reiterated that due to geopolitical tensions, investors are advised to buy on dips.

Binance Wallet officially announced that Binance Alpha will be the first platform to launch the cross-chain protocol Squid (QUID), with the launch date set for August 4. After trading opens, eligible users can use Binance Alpha points to claim airdrops on the Alpha event page, with more details to be announced later.It is reported that Squid is a cross-chain platform that supports access to over 20,000 tokens across more than 100 blockchains and has processed over $6 billion in transaction volume, with QUID as its native token.

The South Korean cryptocurrency exchange Bithumb has published an update on its IPO preparation progress. Bithumb stated that it is collaborating with leading domestic accounting firms to advance the construction of its risk management system, converting accounting standards from K-GAAP to internationally accepted K-IFRS, and strengthening internal compliance and internal control processes. The company is also restructuring its business by spinning off Bithumb Asset and clarifying the responsibilities and boundaries of each business segment; at the same time, it is promoting business model diversification and liquidity asset reserves to enhance financial stability.Bithumb claims it will maintain transparent operations by regularly disclosing financial status, operational matters, and cryptocurrency asset holdings, and will collaborate with large domestic and international securities firms, law firms, and accounting firms to assess corporate value and legal risks, as well as to formulate strategies for the pre-listing review.Regarding the timeline, Bithumb plans to complete the upgrade of its internal control system and K-IFRS conversion preparations by 2026, submit the pre-listing review and undergo audits in 2027, and complete the IPO in 2028, with specific timelines potentially adjusted based on market conditions and regulatory review progress.

CryptoQuant analyst Zizcrypto stated that the current percentage of unrealized losses for Bitcoin is 35.2%, which means that approximately 35% of the tracked supply is in a state of unrealized loss. This indicator is still above 20%, but has now fallen below the deep pressure range of 40%, far below the similar capitulation drop zone of 60%.This indicator broke through 40% around the end of June, reaching 42.2%, then dropped to 30.4% around July 21, and subsequently rebounded to 35.2%. In previous major bear market phases shown in the chart, after the first test of the 40% area, there is usually a period of pressure consolidation, after which the indicator tends to approach or exceed 60%, often leading to a capitulation-like drop. Zizcrypto believes that the current supply of unrealized losses is still high, but the latest data has fallen below the deep pressure range and has not yet reached capitulation-level pressure. However, levels above 40% and 60% remain key areas to watch.

Standard Chartered Hong Kong and Greater China and North Asia CEO Mary Huen announced that there will be an official announcement regarding the issuance of the Hong Kong dollar stablecoin HKDAP. At the same time, a distribution agreement will be signed, with its subsidiary Dingdian Financial acting as the issuer of the stablecoin, adopting a business-to-business-to-consumer (B2B2C) model. It will not connect directly with end users but will distribute through recognized distributors to its relevant corporate and institutional client base, including small and medium-sized enterprises, traders, service providers, fund companies, and individual users, for cross-border settlement. Other application scenarios also include tokenized assets.