arm

Harmony Protocol released an event update stating that an unauthorized ONE minting incident occurred. Investigations show that the attacker exploited a cross-shard receipt replay vulnerability, allowing processed cross-shard receipts to be executed multiple times, and minted ONE in empty blocks.The team is currently verifying two sets of impact data: early analysis indicates that the first round of minting involved 4 billion ONE, while the latest on-chain reconstruction shows that approximately 3.01 trillion ONE were issued to four attacker wallets through six forged cross-shard transactions. Harmony Protocol confirmed the first round of minting of 4 billion ONE, generated through two empty block accounting transactions that produced 1 billion and 3 billion ONE respectively, of which 2.8 billion ONE were subsequently transferred to other attacker addresses.The team has fixed the cross-shard receipt verification and pre-staking committee quorum verification vulnerabilities and deployed Mainnet v2026.1.1. Bridge services have been suspended, and Harmony Protocol is coordinating with validators, trading platforms, and LayerZero to freeze related funds, preparing to roll back the network to block 92,730,034 before the attack occurred. Currently, Shard 0 has been paused at block 92,753,555, and the official RPC may return a 502 error as a result.

According to Harmony monitoring, Harmony stated that it is advancing the rollback plan and has reached an agreement with validators and exchanges on the specific path. The minting vulnerability fix has been activated, and a complete list of attacker wallets will be announced soon.Previously, the number of ONE tokens abnormally minted on the Harmony network had exceeded 30 trillion, involving 6 abnormal blocks.

According to official social media news, Huobi HTX will hold a themed live broadcast today at 20:00 titled "Non-Farm Payrolls Surprise Ignites Rate Cut Trading: Which Will Break Through First Among U.S. Stocks, Gold, and BTC?" At that time, crypto KOLs such as Pump Pump Superman, Xiao Zhi, 77, and Grace will be invited to attend, discussing the unexpected changes in non-farm data, the rising expectations for rate cuts in the market, and the interlinked trends of the three major assets: U.S. stocks, gold, and BTC. They will analyze market trading opportunities and potential risks under changes in macro liquidity.

Harmony stated that it is collaborating with internal teams and relevant exchanges to attempt to stop and freeze the flow of related funds. A patch and rollback plan are also being developed. Further information will be updated in a timely manner.

Wintermute released a market update indicating that the U.S. non-farm payrolls unexpectedly decreased by 23,000 in July, significantly weaker than market expectations, leading to a drop in September rate hike expectations from 55% to 40%, and driving a broad rebound in risk assets.Gold led the gains, with the Nasdaq, S&P 500, Bitcoin, and altcoins generally rising, while Brent crude oil fell by 6.85%.

The non-farm data is a significant positive, gold prices challenge the 4,380 mark, and the last hope for bears has not yet been shattered.

According to Catcher Predict monitoring, in the predicted market Polymarket for the event "LoL Fnatic vs Karmine Corp Regular Season," the "Yes" option for the sub-market "Both teams kill a dragon" has experienced a sharp fluctuation in win rate, soaring from 50.5% an hour ago to the current 90.5% (a fluctuation of 40%). Please note the impact of related breaking news.

Wall Street Journal reporter Nick Timiraos stated that for the Federal Reserve, the July employment report will be a difficult data set to interpret. New evidence that the labor market has not re-accelerated may weaken the urgency for a rate hike next month, but this still depends on better inflation data.The decline in the unemployment rate will continue to keep the market focused on inflation data. Whether price pressures are rising or falling will determine if more officials conclude that they cannot maintain their inflation target forecasts with interest rates unchanged. A moderate inflation report will strengthen the rationale for keeping rates unchanged (as two consecutive months of moderate data begin to show a trend rather than noise). Conversely, strong data would call the forecasts into question again and give officials opposing a rate hike the opportunity to seek a fourth vote in favor.

U.S. July seasonally adjusted non-farm payrolls decreased by 23,000, expected 80,000, previous value revised from 57,000 to 20,000.

The U.S. unemployment rate and non-farm data for July will be released at 20:30 Beijing time tonight. Institutions forecast the U.S. July non-farm employment population as follows:Vanguard: +10,000; Berenberg Bank: +40,000; Scotiabank: +50,000; Moody's Analytics: +50,000;CIBC: +63,000; Deutsche Bank: +65,000; Nordea Bank: +65,000; UBS Group: +70,000;TD Securities: +70,000; Danske Bank: +70,000; Morgan Stanley: +70,000; HSBC Holdings: +70,000;Société Générale: +75,000; ING: +75,000; Bank of Montreal: +75,000; Goldman Sachs Group: +75,000;JPMorgan Chase: +75,000; Daiwa Capital: +75,000; Westpac Banking: +75,000; Standard Chartered Bank: +75,000;Panasonic Macro: +75,000; U.S. Bank: +75,000; Imperial Commercial Bank: +75,000; High-Frequency Economics: +78,000;Sumitomo Mitsui: +78,000; Oxford Economics: +80,000; Commonwealth Bank of Australia: +80,000; Bank of America Merrill Lynch: +80,000;ANZ Bank: +80,000; Lloyds Bank: +80,000; National Westminster: +85,000; Capital Economics: +90,000;Wells Fargo: +95,000; Barclays Bank: +100,000; Deutsche Bank: +100,000; Société Générale: +105,000;Citigroup: +115,000; Mizuho Securities: +115,000; Nomura Securities: +130,000; Reuters expectation: +80,000.

Micron Technology stated to Deutsche Bank at the FMS 2026 conference that AI is reshaping the memory industry landscape, with the proportion of memory in the total value of systems rising from about 10% thirty years ago to nearly 50% currently, and this trend is accelerating. Currently, both DRAM and NAND are in a state of supply shortage. Due to the need for physical disassembly of systems for memory upgrades, the demand for memory in AI systems is more rigid, and price elasticity is lower than market expectations. The Strategic Customer Agreement (SCA) is expected to cover about 40% of sales, providing a price stability mechanism for both parties.Micron's management described the demand for CPU-side AI Agents as "pre-season warm-up," viewing it as a new pillar of growth outside the GPU ecosystem. For emerging technologies like SRAM, Micron believes their scalability is limited and cannot challenge the core position of HBM, with only about 5% of systems currently running such specific workloads. Deutsche Bank maintains a "Buy" rating, believing Micron has a unique advantage of "growth without sacrificing profits." During FMS, Sandisk and SK Hynix jointly released the first HBF technical specifications, but Micron believes that its actual value and commercialization prospects remain controversial.

According to Jinshi reports, the Russian Ministry of Defense stated that the Russian military struck three ships carrying Ukrainian military cargo in the Black Sea.

According to Jinshi reports, Musk stated that the Starmind AI satellite will be optimized for the Vera Rubin computer.

According to Jinshi reports, Musk expects the first batch of Starmind AI satellites to begin launching next year.