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Tether's latest data shows that the total issuance of USDT on the TRON network has risen to approximately 91.2 billion, surpassing Ethereum's approximately 90.3 billion, making it the blockchain network with the largest issuance of USDT globally.This means that in the nearly 200 billion USD global issuance landscape of USDT, TRON has taken the largest single-chain share. As the demand for stablecoin payments, transfers, and transactions continues to grow, the on-chain issuance focus of USDT is further concentrating on TRON.

BIP-110 received only about 2.5% miner hash power support when the activation deadline was reached and failed to activate. The nodes executing the proposal forked from the mainnet at block height 961632, and a minority chain subsequently stopped producing blocks.Bitcoin Mechanic, a supporter of BIP-110, stated that this outcome proves Bitcoin has encountered "protocol capture," where large mining pool operators coordinate to influence consensus rules and undermine node sovereignty. Since the minority chain received less than 3% of the total network hash power, its inherited mining difficulty led to a halt in block production. Some supporters are considering changing the PoW algorithm through a hard fork, and Bitcoin Mechanic indicated that they would wait to resume node operations after the Bitcoin Knots update.Cysic founder and CEO Leo Fan stated that the difficulty adjustment mechanism protects the main chain, and the mandatory activation design of BIP-110 is the main issue. The anonymous owner of 1win pointed out that the proposal only received 2.53% support, below the 55% activation threshold, and the main chain is still continuously operating.

Rosherville Pty Ltd, a shareholder of the Australian Securities Exchange (ASX), has notified the ASX of its intention to apply to the Federal Court for permission to initiate a statutory derivative action against certain former ASX officials and directors. If approved, Rosherville will sue on behalf of the ASX. The ASX stated that the relevant lawsuit does not accuse the ASX itself, but has not disclosed the identities of the former officials involved, the specific obligations allegedly violated, or the remedies sought. The Federal Court has not yet considered whether the case can proceed.The ASX has been advancing a blockchain-based CHESS clearing and settlement system replacement project since 2016, which was suspended in November 2022 and abandoned the blockchain solution in May 2023. On July 3, 2026, the Federal Court ordered the ASX to pay a fine of $14.4 million and $2.1 million in litigation costs to the Australian Securities and Investments Commission (ASIC).

The cryptocurrency industry organization BlockchainAssn has submitted an amicus brief in support of Custodia Bank's application to the U.S. Supreme Court, urging the Court to review whether regional Federal Reserve Banks have the authority to deny access to master accounts for qualified state-chartered banks. The organization warns that lower court support for the Federal Reserve's ruling grants the central bank broad powers to disqualify industries or companies it does not recognize from receiving banking services, effectively vetoing which state-chartered banks can operate.Meanwhile, the Kansas City Federal Reserve Bank has been granted an extension until September 11 to respond to Custodia's application.

On August 12, the enterprise blockchain infrastructure provider Aventus announced the official launch of Aventus Cloud node sales. The program aims to allow individuals and institutions to run nodes using available computing resources, expanding participation in the Aventus network infrastructure.Founded in 2017, Aventus has provided blockchain infrastructure for enterprise applications in industries such as aviation, energy, and telecommunications, and has become a Polkadot parachain. Aventus Cloud will go live on the mainnet in April 2026, with nodes capable of processing network activity verification, and eligible operators can earn network rewards. The current price for Genesis Tranche node licenses is $1,755, with a final network plan of up to 40,000 nodes, and over 2,500 nodes are currently active.

Japan's largest banking group, Mitsubishi UFJ Financial Group (MUFG), plans to utilize blockchain technology to provide instant settlement services for certain Japanese Government Bonds (JGB) transactions.According to reports, MUFG plans to conduct blockchain-based Japanese Government Bond repurchase transactions using tokenized money market funds and stablecoins to shorten the settlement process of traditional securities transactions.

According to CoinDesk, the Pokémon trading card market is currently estimated to be between $10 billion and $15 billion, leading to queues at retailers like Costco. A Pikachu Illustrator card owned by Logan Paul once sold for $16.5 million.Sales at large chain stores like Target and Walmart, along with eBay's projected card sales of $26.2 billion in 2025, indicate that trading cards have become an important alternative asset class, recently outperforming the S&P 500 index and Bitcoin.The blockchain startup Deadstock, launched by ATH Labs, is attempting to tokenize high-grade cards and store them in a vault to address issues of market fragmentation and slow transaction speeds. The project still faces liquidity challenges and the network effect advantages created by existing platforms like eBay.

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.

The Bitcoin minority fork supporting BIP-110 split at block height 961,632, and after mining only 2 blocks in about 8 hours, it has stagnated, now lagging behind the Bitcoin mainnet by over 80 blocks.This fork inherits the current difficulty of Bitcoin, but only about 2.53% of recent block signals support BIP-110, far below the 55% activation threshold required without a fork. Bitcoin adjusts its difficulty only after mining 2016 blocks, and based on the current hash rate, this chain is expected to take about 350 days to complete its next adjustment.BIP-110 aims to temporarily prohibit writing non-financial data such as images and text in Bitcoin transactions. Michael Saylor stated that about 99.85% of Bitcoin hash power remains on the mainnet; due to both chains being affected by the same transactions, transactions on the minority chain may be replayed to the Bitcoin mainnet.

According to Catcher Predict monitoring, the event "The United States Announces the End Date of the Iran Blockade" is currently among the hottest trades on the prediction market Polymarket, with a cumulative pool size reaching 880 million dollars. The option with the highest market consensus is "December 31," corresponding to a winning probability of about 84%.

According to CoinDesk, the controversial BIP-110 soft fork proposal officially entered the mandatory signaling phase at around 3:35 AM Beijing time this Sunday (UTC 19:35) at Bitcoin block height 961,632, marking the start of the signaling window. This proposal aims to temporarily restrict non-financial data from being written to the Bitcoin blockchain, but the current miner support rate is extremely low, with the proportion of supporting miners far below the 55% activation threshold required by the proposal. The market is concerned that this fork chain may expand its influence in the future as more nodes join, forcing miners to compromise, or it may gradually lose vitality due to a lack of computing power and ecosystem support. Meanwhile, several key figures in the Bitcoin industry have publicly opposed this proposal, including Strategy Chairman Michael Saylor and Blockstream CEO Adam Back. Opponents believe that BIP-110 could undermine consensus in the Bitcoin network and bring unnecessary risks of division.It is reported that the BIP-110 signaling period will last until Bitcoin block height 965,664, expected to conclude in about four weeks. At that time, the community will face a critical decision on whether to activate the proposal.

According to Bitcoin News monitoring, there are only 41 blocks left until BIP-110 starts to enforce signaling.

Brian Armstrong posted on the X platform that Coinbase Dev can now create multiple types of wallets through a single API call, including self-custody, developer custody, and user custody.This feature supports multiple blockchains and various types of assets, including stablecoins, crypto assets, and tokenized real-world assets.

According to monitoring by Catcher Predict, in the event "The U.S. announces the end of the blockade on Iran" on the prediction market Polymarket, the "Yes" option in the sub-market "August 8" experienced a sharp fluctuation in winning probability, dropping from 49.5% an hour ago to the current 13% (a fluctuation of 36.5%). Please note the impact of related breaking news.

A federal judge in Michigan rejected Coinbase's request for a preliminary injunction to block state enforcement of sports event contracts. U.S. District Judge Shalina Kumar of the Eastern District of Michigan ruled on Thursday that Coinbase failed to demonstrate that its claims were likely to succeed on the merits of the case, namely that federal law takes precedence over Michigan's jurisdiction.The cryptocurrency exchange sued the state of Michigan in December 2025, claiming that prediction markets fall under the exclusive jurisdiction of the Commodity Futures Trading Commission (CFTC) under the Commodity Exchange Act (CEA), rather than state regulatory agencies.Coinbase specifically sought to provide access to event contracts issued by Kalshi for customers on its platform, including those in Michigan. According to the complaint, the exchange claimed that Michigan's laws constitute a "conflict of priority," as these laws undermine Congress's efforts to establish a unified federal regulatory framework.

UPBIT will launch trading for Block Street (BSB) on August 7 at 15:00, supporting KRW, BTC, and USDT markets. Users can start making deposits within 2 hours after the announcement is released. Please pay attention to subsequent announcements for specific trading times.

Cathie Wood's Ark Invest bought about $21 million worth of Block stock on Thursday when Block Inc's stock price fell by 6%, while also purchasing about $2.3 million in SpaceX stock.According to Gate market data, SpaceX rebounded over 6% on Thursday, after a drop of 13% the previous day.

According to Cointelegraph, cryptocurrency service company Blockchain.com has obtained a Virtual Asset Service Provider (VASP) custody license issued by the Cayman Islands Monetary Authority (CIMA), allowing it to provide regulated crypto custody services in the Cayman Islands. The license was approved on July 22, 2026, after CIMA granted conditional approval in December 2025.The license also allows Blockchain.com to offer cryptocurrency to fiat exchange and exchange services between cryptocurrencies. Blockchain.com has held VASP registration in the Cayman Islands since May 2022.Blockchain.com Co-CEO Lane Kasselman stated that the CIMA license continues the company's recent regulatory progress, including obtaining a license under the Markets in Crypto-Assets Regulation (MiCA) in Europe and completing registration with the Financial Conduct Authority (FCA) in the UK.

According to Bitcoin.com, Bitcoin BIP-110 will enter the phase of enforcing nodes to reject non-signaling blocks after block 961,632. Monitoring pages show that out of the 1,674 blocks counted in the current cycle, only 41 blocks support BIP-110, with a miner signaling support rate of 2.45%.BIP-110, officially named Reduced Data Temporary Softfork, plans to tighten certain data rules in Bitcoin transactions within about a year, limiting the size of certain data elements used by Ordinals inscriptions and multiple token protocols. This proposal is mainly distributed through Bitcoin Knots and has not been adopted by Bitcoin Core. Major mining pools such as Foundry, Antpool, F2pool, and Viabtc have not issued support signals. If BIP-110 nodes are executed as planned, the network may experience two transaction histories, with most miners and Bitcoin Core users expected to continue using the existing rules.Australian Bitcoin exchange Hardblock stated that the activation of BIP-110 is expected around August 7 to 8, which may temporarily suspend buying, selling, deposits, and withdrawals. Lightning Network tools and analytics provider Amboss has indicated a risk of a fork in early August, and the Australian Bitcoin exchange Bitaroo plans to freeze deposits and withdrawals as the mandatory signaling approaches.

According to Catcher Predict monitoring, in the Polymarket prediction market for the event "The United States Announces the End of the Iran Blockade," the sub-market "August 7" saw the probability of the "Yes" option fluctuate dramatically, soaring from 27.5% an hour ago to the current 42.95% (a fluctuation of 15.45%). Please note the impact of related breaking news.