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08-03
American Bitcoin President Matt Prusak Joins Giga Energy as CFO
Matt Prusak is leaving his role as president and interim CFO of American Bitcoin Corp to join Giga Energy as chief business officer and interim CFO, effective August 4. The move marks a notable executive departure from one of the most politically connected Bitcoin mining operations in the US.America
Aviva Launches First Tokenized UCITS MMF on XRP Ledger with $1.34M Seed
Aviva Investors has taken a major step into tokenized funds, launching its first-ever tokenized money market fund (MMF) share class on the XRP Ledger in partnership with Ripple. The new US dollar Liquidity Fund has been approved under the UCITS framework by the Central Bank of Ireland and will run a
Coldcard Exploit Drains $114M in Four Waves, Users Lose Life Savings
Jonathan Goodman kept his 18.25 BTC on a Coldcard that had never touched the internet, locked in a safety deposit box. Between 9:36 pm and 9:43 pm on July 29, every wallet he had was emptied — about $1.6 million Canadian dollars, gone in seven minutes."Perhaps the hardest part about this is that I d
LoL: Nonghyup Red Army vs T1 (BO3) - KeSPA Cup Final Chance Qualifier; 24H Trading Volume Reaches $2.7M
ME News reports that, as of August 4 (UTC+8), prediction market data shows that the event "League of Legends: Nongshim Red Army vs T1 (BO3) - KeSPA Cup Final Opportunity Qualifier" achieved a 24-hour trading volume of $2.7M, with significantly increased market participation.
Hugging Face CEO Says China Leads in AI Race with 41% Open Model Downloads
The scoreboard in the global AI race just got an update, and it’s not the one Silicon Valley was hoping for. Chinese-developed open-weight AI models now account for 41% of all downloads on Hugging Face, the world’s largest repository for AI models, compared to 36.5% from US-developed models during t
AWS CEO Says AI Inference Now Drives Two-Thirds of Compute Demand, Impacts Crypto Miners
At AWS re:Invent 2025, AWS CEO Matt Garman laid out a simple but consequential data point: AI inference now accounts for roughly two-thirds of all AI compute demand. That’s up from about one-third in 2023.In English: training is teaching a model to think. Inference is actually making it think. The i
DetonatioN FocusMe CEO Nobuyuki Umezaki Passes Away at 44
Nobuyuki Umezaki, the founder and CEO of DetonatioN FocusMe, one of Japan’s most prominent esports organizations, has died at the age of 44. The news sent ripples through the global competitive gaming community, where Umezaki, known by his handle LGraN, was widely regarded as a foundational figure i
3 Altcoins to Buy in August: Ondo Finance, Sui, and Stellar
Ondo Finance expands institutional tokenization while reducing supply through a 100 million token burn.Sui Network attracts institutional capital with tokenized funds and Bitcoin-backed lending infrastructure.Stellar strengthens real-world asset adoption through DTCC integration and expanding instit
FalconX Cuts 10% of Workforce Amid Market Downturn Fears
FalconX, one of the largest institutional digital asset prime brokers in the world, has laid off roughly 10% of its global workforce. The cuts hit Singapore especially hard, where half the office was let go.What happened at FalconXWith over 350 employees globally before the cuts, that translates to
Open-source AI models may undermine closed-model monopolies and benefit cloud providers.
Huo Xing Finance reports that on August 3, Citrini analyst Jukan published a post stating that the ongoing advancement of open-source AI models and the weakening dominance of proprietary models could become a pivotal turning point for the cloud computing industry, enhancing the commercial value of A
US Manufacturing PMI Hits 55.6 in July, Strongest Since 2022
American factories are humming again. The Institute for Supply Management’s Manufacturing PMI climbed to 55.6 in July, up from 53.3 in June, marking the strongest reading since May 2022. Analysts had expected 54.0, so the beat wasn’t subtle.The numbers behind the surgeProduction surged to 58.5, its
Large Bitcoin wallets add 19,610 BTC, retailers reduce holdings
Since July 29, wallet addresses holding 10 to 10,000 BTC have increased their holdings by 19,610 BTC, while retail wallets holding less than 0.01 BTC have seen a 0.55% reduction in their positions. Due to the Coldcard firmware entropy vulnerability, related wallet losses have exceeded 1,360 BTC, val
Zenity Completes $125M Series C Funding Led by Norwest
According to Fortune, Israeli AI agent security company Zenity has completed a $125 million Series C round led by Norwest, with participation from SoftBank Vision Fund 2, Hitachi Ventures, and LG Technology Ventures. The funds will be used to expand into the Asia-Pacific and European markets. Zenity
Tether Gold Q2 holdings rise 9.5% to 612,823.66 ounces
Tether officially disclosed that investor holdings of its tokenized gold product, Tether Gold (XAU₮), increased by 9.5% in the second quarter, reflecting sustained demand for on-chain gold assets. Data shows that, as of June 30, 2026, XAU₮ holdings rose from 559,598.64 tokens at the end of the first
BitGo CEO Mike Belshe Challenges Claude AI With 100 Bitcoin Public Wallet Test
Mike Belshe placed 100 BTC in a public wallet to challenge Claude AI.Anthropic disclosed three cybersecurity incidents during controlled evaluations.The Bitcoin wallet remained untouched, with no on-chain transfers recorded.BitGo CEO Mike Belshe placed 100 Bitcoin into a public wallet and challenged
