core

CoreWeave warns investors that transitioning from NVIDIA chips to other chips will be difficult and may require a significant investment of time and money.

In July, the seasonally adjusted core CPI in the United States recorded a month-on-month increase of 0.2%, rebounding from the previous month and meeting market expectations.

The U.S. July seasonally adjusted core CPI year-on-year is 2.5%, expected 2.50%, previous value 2.60%.

On August 9, the cross-chain bridge connecting the XRP Ledger and Coreum was attacked, with the attacker stealing approximately 199,900 XRP through a validation logic vulnerability, causing the bridged asset balance to drop from about 200,400 XRP to 493.5 XRP. This attack did not involve private key leakage and did not target the XRP Ledger protocol itself.The attacker forged deposit operations, causing the bridging system to recognize them as real deposits and triggering the other end of the bridging wallet to send real XRP to them. On-chain data shows that the attacker completed the fund transfer through 94 multi-signature authorization transactions within 97 minutes. These transactions required 17 signatures from 28 relay node keys, allowing the attacker to bypass the validation mechanism of the bridging system. As of August 11, the Coreum cross-chain bridge remains in a suspended state, and the Coreum Development Foundation has not yet released an official incident report. The security of the XRP mainnet and user private keys has not been affected.

According to Gate market data, Coreweave's stock rose 10% in after-hours trading.

AI cloud service giant Coreweave's revenue for the second quarter reached $2.58 billion, exceeding market expectations of $2.56 billion; the net loss was $626 million, lower than the market expectation of $757.1 million.As of June 30, 2026, the total value of contracts on hand was approximately $104 billion.

Luke Dashjr posted on the X platform that he will temporarily step down as the chairman and chief technology officer of OCEAN and shift his focus to Bitcoin and supporting open-source projects related to Bitcoin.Luke Dashjr is a core supporter of BIP-110, but on August 9, the default endpoint of OCEAN's stratum has reverted to a non-BIP-110 chain, and miners' hashes are no longer defaulted to be directed to the BIP-110 chain.

According to Bloomberg, the U.S. Securities and Exchange Commission (SEC) recently issued an internal letter that explicitly exempts asset-backed securities (ABS) related to AI data centers from the core investor protection regulations established after the 2008 financial crisis, including the "risk retention" requirement that issuers retain a portion of the debt. The SEC determined that data centers are not financial assets that are liquidated over time, and therefore the securities linked to them should not be subject to the same regulatory constraints as ABS related to auto loans or mortgage loans.Although this move is not an official amendment to the law, the substantial impact should not be underestimated, as companies have previously adhered to relevant regulations out of compliance prudence. In terms of market size, the annual issuance of data center ABS has surged from $2.4 billion in 2020 to $15.5 billion in 2025, growing more than sixfold over five years, with the potential to set a new historical high in 2026.

According to ChianCatcher news, OKX founder Star tweeted that the team completed a significant engineering milestone last week, successfully migrating a high-traffic core trading system from one country to another with zero user-visible downtime. The only impact was a temporary increase in latency of about 30-40 minutes. The team believes this may be the first achievement of its kind in the industry at this scale. Migrating a key trading system while maintaining uninterrupted service, data integrity, and trading continuity is extremely challenging.

Joseph Chalom, CEO of the Ethereum treasury company SharpLink, posted in opposition to Ethereum Improvement Proposal EIP-8363. According to his disclosure, the current network issues new ETH to validators as staking rewards at a variable yield rate of about 2.75%. If the proposal is passed, it will be implemented in phases over approximately a year and a half, gradually destroying part of the issuance rewards as the staking amount increases. When about 50% of ETH is staked, the staking yield will drop to 0%, and validators will only be able to rely on transaction fees, which currently account for only 15% of staking rewards, to sustain themselves.Chalom presented four points of opposition:Staking yield is the factual benchmark for all on-chain interest rates. The approximately $35 billion TVL of liquid staking tokens is the core collateral for on-chain lending. A yield of zero will raise on-chain capital costs, making actual yields approach or even become negative. Collateral will migrate to assets that still generate yields, and independent stakers and small to medium operators will be the first to be squeezed out.The native yield characteristic is precisely the key reason institutions choose ETH over Bitcoin. Erasing this difference is equivalent to voluntarily giving up its competitive advantage just as ETH is outperforming Bitcoin.Issuance is not a cost to external parties but a transfer of value to security maintainers and builders within the network. Destroying it is a destruction of value rather than a redistribution of this portion of value.The current timing is the worst; Ethereum is in a rising phase of institutional adoption, and destruction incentives will suppress this wave of adoption momentum.He stated that SharpLink agrees with the proposal authors' goal of making ETH scarce and stabilizing the staking rate at a reasonable level, but believes this should be achieved through the existing base fee destruction mechanism rather than altering the economic foundation of the protocol.

On August 7, Wang Xingxing, Chairman of Yushu Technology, stated during an online roadshow that entering the capital market is a new starting point for the company. In the future, it will continue to deepen the research and development of core technologies for general embodied intelligent robots and their industrial application, while actively exploring more product forms such as humanoid robots, quadruped robots, and mechas. He emphasized that the embodied intelligence industry is still in its early development stage, and the generalization capabilities of robots need to be improved collectively across the industry. The company will continue to tackle key hardware and software technologies such as large embodied models, scenario data collection, reinforcement learning, and self-research of core components.According to previous news, Yushu Technology's IPO issuance price is 150.80 yuan per share, with an issuance market value of approximately 60.9 billion yuan, planning to publicly issue 40.4464 million shares, accounting for 10% of the total share capital after issuance. In the strategic placement, DeepSeek was allocated 933,400 shares (subscription of 141 million yuan, lock-up period of 36 months), and Shanghai Qishan Investment, a subsidiary of Tencent, was allocated 903,300 shares. Online and offline subscriptions will begin on August 10. Wang Xingxing revealed that the company has achieved the world's number one shipment volume for humanoid robots by 2025, with net profit rapidly increasing after excluding non-recurring items.

Federal Reserve's Musalem stated that core inflation may be between 2.5% and 3%.

According to Jinshi, the American AI cloud computing company COREWEAVE has signed an agreement with Solidigm to enhance its integrated artificial intelligence platform.

According to TASS, Russian President Putin signed a law on August 4 that implements comprehensive regulation for the circulation of digital currencies and digital rights within Russia for the first time. This law establishes an operational framework for cryptocurrency exchanges, digital custodians, and market participants, while also regulating cryptocurrency mining and the issuance and circulation of digital financial assets (DFA).Key points include: cryptocurrency exchanges must be included in a special register to operate (with a transition period until July 1, 2027), and the minimum registered capital requirement is 15 million rubles (approximately $187,000); the use of cryptocurrency for payment of goods and services remains prohibited domestically, but it is allowed for cross-border trade settlements and mining income; non-qualified investors have a purchase limit of 300,000 rubles (approximately $3,700) per year per intermediary, while qualified investors are not subject to restrictions; banks have the right to freeze funds involved in unauthorized cryptocurrency transactions. The core provisions of the law will officially take effect on September 1, 2026, with some provisions being implemented in batches on July 1 and September 1, 2027.

According to Forbes, the Federal Communications Commission (FCC) officially announced on July 27, 2026, a ban on the import of foreign-made AI humanoid robots, citing national security threats. The FCC classified these devices as "Trojan horses"—their high-precision sensors can continuously collect sensitive data from users' homes and businesses and transmit it to foreign entities, posing a risk of being used for mass surveillance or intelligence activities, and the related devices may also be remotely controlled.Although the ban targets all foreign manufacturers, it actually has the most significant impact on China, as China currently holds a large share of the global AI humanoid robot market. Promoting the development of domestic manufacturing is also an important secondary objective of this ban.

According to Jinshi reports, Evercore ISI stated that the long-term use of the Federal Reserve's foreign and international monetary authorities repurchase tool may prompt the market to test the determination of the United States and Japan to maintain the yen exchange rate. This tool allows overseas institutions to obtain dollars using U.S. Treasury bonds they hold as collateral, with a daily limit of $60 billion for each counterparty.Evercore strategists pointed out that this limit is only slightly higher than the scale Japan used for currency market intervention last Thursday, emphasizing that the tool is designed for short-term liquidity support rather than a lasting source of financing.

CoinGlass's latest data shows that BTC is currently priced at $63,129.2, with a 24-hour decline of 0.43%. The total spot trading volume across the network is approximately $1.838 billion. Among them, Gate's BTC spot trading volume is about $212 million, ranking third in the network.As for ETH, it is currently priced at $1,863.23, with a 24-hour decline of 0.66%. The total spot trading volume across the network is approximately $763 million. Among them, Gate's ETH spot trading volume is about $105 million, also ranking third in the network. Meanwhile, the total contract trading volume for ETH across the network is approximately $24.138 billion, with Gate's ETH contract trading volume at about $2.228 billion, similarly ranking third in the network.From the latest trading distribution, the price adjustments for BTC and ETH within the day are relatively limited, and the trading heat of mainstream assets remains concentrated on leading platforms. Gate ranks in the top three for BTC spot, ETH spot, and ETH contract in three core trading indicators, indicating that its liquidity and trading activity in mainstream cryptocurrency trading remain at a high level.

According to the official announcement, Gate has released the latest reserve report. As of July 27, 2026, the overall reserve coverage of the platform reached 117%, significantly higher than the industry safety benchmark of 100%. The reserves cover nearly 500 different types of user assets, continuously ensuring the security of user assets through verifiable mechanisms. Among them, the reserve scale of core assets continues to grow.The BTC user asset scale increased from 19,054 to 21,557, corresponding to a platform-held reserve of 26,775, with an excess reserve ratio of 24.2%; the ETH user assets grew from 344,935 to 374,348, with the corresponding platform-held reserves also increasing from 423,960 to 456,798, resulting in an excess reserve ratio of 22.02%.In terms of stablecoins, the total user assets of USDT, USDC, USD1, and GUSD amounted to 1.336 billion, corresponding to a total platform reserve of 1.59 billion, with a comprehensive reserve ratio of 118.97% and an excess reserve ratio of 18.97%, reflecting the platform's emphasis on the security of user assets and its ability to maintain sufficient liquidity.In addition, the reserve ratios for major assets such as GT and XRP are also significantly above the 100% reserve standard, reaching 131.13% and 116.5%, respectively. Gate's latest reserve report shows that its core asset reserve scale remains robust, providing strong assurance for the safety of user funds and the stability of platform operations.