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08-06

Altcoin Season Expected in 2026 as SUI, XRP, ADA, PI, and SHIB Gain Momentum

Historical market cycles have renewed expectations for a broader altcoin rally.SUI, XRP, ADA, PI, and SHIB continue expanding through ecosystem developments and adoption.Analysts remain focused on liquidity, Bitcoin dominance, and network activity before confirming an altseason.Discussion surroundin

Google Chief Scientist Jeff Dean Leaves to Co-Found Discovery Loop

ChainThink reports that on August 6, Jeff Dean announced on X that he is concluding his 27-year career at Google and will co-found Discovery Loop with Sanjay Ghemawat, Oriol Vinyals, and Quoc Le.Jeff Dean joined Google in its early days, during which the company grew from a small startup of about 25

Ark Invest Adds $17.29 Million Worth of Circle Shares

ChainThink reports that, according to Ark Invest Tracker data, Cathie Wood’s Ark Invest increased its position in Circle by 273,343 shares on August 6.Based on relevant data, the estimated size of this purchase is approximately $17.29 million.

Ark Invest purchases $17.3 million in Circle stock and $19.7 million in SpaceX stock

According to The Block, Cathie Wood’s Ark Invest purchased approximately $17.3 million in Circle Internet Group shares and about $19.7 million in SpaceX shares on Wednesday. Circle’s stock rose slightly by 0.05% to $63.28 on the day, while SpaceX fell 13.61% to $108.27.

Block Raises Full-Year Profit Guidance to $12.5 Billion in Revenue

ME News reports that on August 6 (UTC+8), Block Inc. raised its full-year profit guidance on Wednesday, as its quarterly results exceeded expectations, driven by growth in its Square and Cash App businesses. Led by Jack Dorsey, this digital payments company now anticipates $12.5 billion in gross p

Google Chief Scientist Jeff Dean Leaves to Found Discovery Loop with Three AI Veterans

Senior Google engineer Jeff Dean has announced the end of his 27-year career. He will co-found Discovery Loop alongside three long-time colleagues: Sanjay Ghemawat, Oriol Vinyals, and Quoc Le. Over the course of these 27 years, Google grew from a 25-person startup into a tech giant with over 190,000

Across Delays ACX Redemption Portal, Expected Launch in Late August

ChainCatcher report: The cross-chain bridge protocol Across Protocol has posted an update on X regarding the progress of the ACX exchange plan related to "The Bridge Across." The team stated that it is working with legal counsel to resolve final obstacles, resulting in a slight delay to the timeline

Tanker in the Strait of Hormuz Reports Two Explosions; Crew Safe

ChainCatcher report, according to Finan10, the UK Maritime Trade Operations Office issued a notice on August 6 stating that a tanker navigating the Strait of Hormuz reported hearing two explosions; the vessel and its crew are currently safe. The incident occurred 9 nautical miles southeast of Khasab

Solana ETFs Record Five-Day Inflow Drought as Market Activity Slows

TL;DR:The six Solana ETFs listed in the US (BSOL, VSOL, FSOL, TSOL, SOEZ, and GSOL) maintained a daily net flow of $0.0 between July 29 and August 4.Seed capital totals $449.3 million, representing approximately 40% of the $1.122 billion accumulated through August 4.The primary market pause was prec

Trump Frequently Calls Fed Chair Warsh, Raising Concerns About Central Bank Independence

According to sources familiar with the matter, since Wessel took office as Fed Chair less than three months ago, Trump has made multiple calls to the central bank leader to seek advice on a wide range of issues, from a potential war with Iran to the impact of artificial intelligence—breaking the lon

Whale Suffers $146,000 Loss After 40x BTC Short Triggers Stop-Loss

A whale shorted 1,600 BTC with 40x leverage yesterday, worth $102 million. Overnight, due to a BTC rebound, four stop-loss orders were triggered, reducing the position by 200 BTC, valued at $13 million, resulting in a realized loss of $146,000. The whale currently still holds 1,400 BTC in short posi

Figma CEO Voluntarily Forgoes $46 Million Stock Grant to Restore Investor Confidence

ChainThink reports that on August 6, according to Bloomberg, Figma Inc. CEO Dylan Field voluntarily forfeited approximately $46 million in company stock awards.The company stated that the decision aims to restore investor confidence and address market concerns about the disruptive impact of artifici

Whale Receives 37,000 ETH Worth $71.1M in Two Weeks

According to Onchain Lens, a whale has cumulatively received 37,000 ETH, worth $71.1 million, through Galaxy Digital’s OTC wallet over the past two weeks, with the most recent transaction of 10,000 ETH (approximately $19.1 million) arriving within the last three hours.

US and UK Expand Digital Asset Regulatory Cooperation, Plan Comparable Stablecoin Standards

Odaily Planet Daily report: On August 4, the U.S. Department of the Treasury issued a joint statement outlining the discussions from the U.S.-U.K. Financial Regulatory Working Group meeting held in London on July 8. The regulatory agencies of both sides agreed to enhance collaboration in areas inclu

Bitcoin Red Team Audit Uncovers 85 Critical Vulnerabilities Across 390 Open Source Projects

According to Bitcoin Magazine, following the security incident involving the Coldcard hardware wallet that drew industry attention, the "Bitcoin Red Team," spearheaded by Calle and Rob Hamilton, CEO of Anchorwatch, has conducted an AI-driven security audit of 390 Bitcoin open-source code repositorie

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