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HIVE Digital Technologies, a Bitcoin mining company, is seeking to generate $45 million in annual revenue through a Swedish AI data center, but has not finalized the lease agreement. In its latest financial report update, HIVE reiterated that its 32-megawatt Big Boden facility in Sweden could generate the aforementioned revenue through a long-term hosting arrangement, which depends on the final agreement, financing, facility upgrades, and project commissioning. The company first disclosed the proposal in June, involving an unnamed Swedish investment-grade technology company, with a lease term of up to 10 years. CEO Aydin Kilic stated during the earnings call that both parties are negotiating terms regarding deposits, termination rights, and other factors that may affect financing costs, and an advisor from a lender visited the site last week. HIVE expects to seek financing for the Boden project after signing the lease, possibly through corporate bonds.The data center also requires extensive renovations. HIVE plans to transform it into a facility capable of accommodating up to 10,000 Nvidia GB300 GPUs, utilizing liquid cooling to handle high-density computer racks. Although the facility has 32 megawatts of power access, the proposed client will receive about 25 megawatts of usable computing power, with the remaining power used for data center operations. Kilic noted that the site has evolved from supporting Ethereum GPU computing facilities.This expansion is part of HIVE's broader effort to move away from Bitcoin mining. In June, HIVE signed a three-year large-scale AI computing agreement with Bell Canada and Cohere, covering 2,304 Nvidia GPUs. HIVE currently reports $185 million in contracted GPU cloud annual recurring revenue, of which only $40 million is operational. The company's goal is to achieve approximately $700 million in annualized high-performance computing revenue by the end of 2028.

Blockchain data analysis company Chainalysis stated on X that investigators observed previously unseen money laundering patterns in the stolen funds from Binance. Thousands of transactions appeared in a short period, indicating that the attackers were using automated methods to obscure the trail of funds. The funds were not transferred in a single direction but circulated repeatedly among multiple addresses, often being sent back to addresses that had appeared earlier in the sequence.In an investigative article released the same day, the company assessed that the theft of approximately $6.4 billion from Binance was carried out by the North Korean cybercrime organization TraderTraitor, calling it one of the largest thefts in cryptocurrency history. The article noted that around 4:20 PM Eastern Time on October 29, funds began to flow out of Binance's hot wallet, involving multiple blockchains, with a total unauthorized outflow of approximately $6.4 billion. On Ethereum, the attackers used operational wallets funded through Tornado Cash to submit valid signature authorizations, allowing Binance's hot wallet to execute the code deployed by the attackers and sweep the assets.The article also stated that the attackers transferred $500 million in stablecoins to a wallet for exchange, converting $325 million in stablecoins to $285 million in ETH within nearly 20 minutes, and then transferred the remaining $175 million in stablecoins to a transit wallet. Related freezes began at 5:14 PM Eastern Time, and as of the publication of the article, approximately $2.8 billion had been frozen. Investigators also observed that multiple addresses first received exactly 1 TRX, then received and transferred out other funds, believing this repetitive sequence indicated a programmatic process in the fund transfers. The investigation is ongoing.

According to the American technology media Wired, a contractor from Accenture (ACN.N) accidentally leaked Pentagon access credentials through the personal use of the Anthropic Claude AI entity.The AI entity operated on the U.S. Department of Defense network for two months and transmitted intelligence information and system architecture diagrams to a third party.

According to the announcement from Forma's official X account, the Forma mainnet will stop operating at block height 34,567,890, expected around November 5th, giving users about two weeks to withdraw on-chain funds.After the chain stops, the team will take a snapshot of the on-chain state and migrate the remaining TIA to Eden. Both chains are EVM chains, and users can use the same wallet address to withdraw funds from Eden after the migration is complete.Modularium will migrate to Ethereum, and the related NFTs will be migrated as well; holders will need to claim them themselves through the re-launched Modularium website, as NFTs will not be automatically airdropped. The official statement indicates that the migration may take several days after the chain stops, and further announcements will be made when the migration is complete, along with more details and operational instructions in the coming weeks.

According to Slow Fog's disclosure, LiteLLM has once again encountered a supply chain attack, with the malicious version litellm@1.107.0 affecting PyPI packages and Docker images, including floating tags such as latest and main-stable.The injected malicious code will automatically execute upon Python startup, stealing sensitive data such as cloud credentials, AI API keys, SSH private keys, and supporting remote code execution. The affected versions have been removed or replaced. Slow Fog recommends that users avoid using version 1.107.0, rebuild the affected environment from a clean image, rotate potentially leaked credentials, and pin the version to 1.106.2.

The modular blockchain project Celestia announced the launch of Eden, a high-performance EVM chain running on Celestia. Celestia stated that Eden will serve as an "Agentic Commerce" experimental sandbox to test the behavior and infrastructure needs of AI Agents when autonomously making payments, trading, and calling models on-chain.Celestia indicated that as AI Agents begin to participate in more frequent on-chain transactions, the market demand for block space, real-time settlement, and low-friction payments will continue to rise. Eden will help teams observe what kind of transaction environment Agents need, how they manage funds, and how their on-chain behavior will affect network design.The first experimental project of Eden is Botfun, currently in closed testing. According to Celestia, participating Agents can issue tokens independently and trade around narratives generated by other Agents; each model inference call is paid on-chain via x402.Celestia claimed that this experiment briefly positioned Eden as one of the largest x402 networks by transaction count. From a technical configuration perspective, Eden is an EVM-compatible chain that supports atomic batch transactions, application-paid Gas, and larger smart contract deployments, with the native Gas token being TIA. These designs will reduce the friction of signatures and fees when Agents continuously execute payments, exchanges, and interactions.

Animoca Brands' projects Moca Foundation and Moca Network announced the launch of the Moca Chain mainnet, which supports users and AI agents in sharing verifiable credentials across different applications. Users can store credentials and decide when and where to share them.Moca Chain allows institutions to issue tamper-proof credentials associated with unified digital identities, covering information such as identity verification and membership. Moca Network also launched AIR, providing a unified entry point for businesses to access users and AI agents while reducing the need for sensitive information storage. Moca Network disclosed that the AIR ecosystem has incorporated over 9 partners, including SK Planet, Biletinial, Oyunfor, Open Campus, OneFootball, Automobili Lamborghini, Inveo Kripto, Plume, and Nansen, with plans to complete integration by 2026.

OpenSea Chief Technology Officer (CTO) Chris Maddern posted on the X platform in response to the impact of the security incident involving Magic Eden and Limit Break, emphasizing that OpenSea's systems and smart contracts have not been affected. Currently, the affected ERC-721 NFTs have been marked on OpenSea and cannot be sold.For any newly discovered exploited NFTs, OpenSea will also automatically mark them to restrict attackers from obtaining related offers.

Magic Eden announced that the vulnerability occurred in the NFT trading protocol Payment Processor V2 maintained by Limit Break. Magic Eden adopted this protocol for EVM network transaction settlements in 2024 but stopped using V2 in October 2024 and will completely shut down the EVM market in the first quarter of 2026. Therefore, NFTs currently listed on Magic Eden are not affected by this vulnerability.NFTs listed through its EVM market between February and October 2024 may be affected, while listings after October 2024 are generally not impacted. The platform is contacting the protocol owner and maintainer Limit Break to explore other risk mitigation measures, including pausing protocol transfers, and will continue to investigate the actual scope of the impact.Magic Eden reminds users who have listed or traded NFTs on its EVM market to revoke relevant contract authorizations on the Ethereum, Polygon, and Base networks. Users can filter the address through revoke.cash and revoke all authorizations marked as "approved for all" for NFTs. Magic Eden emphasizes that revoking authorization cannot recover assets that have already been transferred.Yuga Labs' Vice President of Blockchain Quit stated today that at 9 AM Eastern Time, attackers exploited the Payment Processor V2 vulnerability to steal a large number of NFTs. After contacting the LimitBreak team, the latter quickly paused the similarly affected Payment Processor V3. However, V2 could not be paused, and V3 on ApeChain is also temporarily unable to be paused. Therefore, the team implemented a white-hat operation, successfully transferring and protecting 23,155 NFTs valued at over 5.7 million dollars.

The NFT market Magic Eden appears to have a security vulnerability, with white hat hackers transferring 3,832 NFTs from hundreds of wallets.Quit, the Vice President of Blockchain at Yuga Labs, stated that this transfer is part of a white hat operation. The related NFTs are currently stored in an address starting with "0x71cF," and the assets are in a secure state. They will be returned in full once the risk is eliminated.

According to Bitcoin.com, Hive Digital Technologies has filed a complaint with the European Commission regarding the Swedish VAT dispute. The Swedish Tax Agency reclassified the data center services of its two Swedish subsidiaries as self-mining and retroactively applied this classification to relevant operations since 2022.This classification excludes the relevant operations from VAT collection, and the input VAT that the subsidiaries have received may need to be returned. Hive believes that its subsidiaries provide computing power services to specific clients under contract, which should be considered taxable operations. The Swedish court refused to submit the issue to the Court of Justice of the European Union. Hive stated that the court did not provide a reason for the refusal and has submitted the dispute to the European Commission.

The police of the United Arab Emirates and Sweden arrested 7 suspects involved in an international money laundering network. Investigators stated that tracking the cryptocurrency transactions of this network revealed its connections to organized crime and contract killings. According to the UAE News Agency citing the Ministry of Interior, the leader of the network is a Swedish citizen who had previously fled Sweden and was wanted by Interpol with a red notice, ultimately being captured in the UAE. Additionally, 6 other suspects were arrested simultaneously in Sweden, and all 7 have been charged.The Ministry of Interior stated that the network processed approximately 70 million Swedish kronor (about 7.1 million USD) in criminal cash proceeds over 10 months and transferred it to other criminal entities while using cryptocurrency to "transfer and move the value of these funds." Tracking cryptocurrency transactions and analyzing digital evidence helped investigators uncover the financial links between this network and other criminal activities, including organized crime and contract killings.Abdulaziz Al Ahmad, the Director of the Federal Criminal Police of the UAE Ministry of Interior, stated that the country will continue to track criminal networks and cut off their sources of funding. Anders Wiberg, head of the International Department of the Swedish Police, said that cooperation with the UAE was a key factor in the successful resolution of this case. Both countries launched simultaneous arrest operations after intelligence sharing and direct security coordination. Previously, Sweden had requested the police to increase efforts to seize illegal digital assets, as the issue of gangs using social media and encrypted applications to recruit paid killers has become increasingly serious.

Former Magic Eden community data analysis contributor and founder of Magic Lab, Ben Gruenbaum, posted on X, accusing the NFT market Magic Eden of changing rewards, governance, products, and strategic direction after users locked up $ME for the long term. He stated that $ME has a fixed supply of 1 billion, of which 225 million are reserved for active user rewards over four years and are unlocked linearly, with the longest lock-up period being four years and no early withdrawal allowed. After distributing 10 million $ME in Season 1, an additional 2.3 million was added due to issues, and the rewards for Season 2 increased from 8 million to 10 million.The community fund was launched with 5 million $ME. The proposal supported by Magic Lab requested 295,000 $ME (approximately $177,000 at $0.60), but the budget shrank due to price declines. Users continued to lock up during the shutdown of the Bitcoin and EVM markets, as well as the Runes infrastructure and wallet, with rewards shifting to USDC. Magic Eden promised $75 million to Dicey, and some top stakers reported issues receiving USDC and have filed lawsuits. Gruenbaum stated that this is not a story about the token's decline, but rather about changes in ecosystem factors after users made long-term commitments.

According to CoinDesk, the Arbitrum token ARB has risen over 30% in the past 24 hours, reaching about 11 cents, breaking through the range of 7 to 10 cents since June.According to DefiLlama data, the Ethereum Layer 2 network Robinhood Chain, launched by Robinhood on July 1, generated $1.92 million in revenue in the past 24 hours, ranking first among all blockchains, followed closely by Canton with $1.76 million, and Tron, Base, and Ethereum with $974,000, $98,000, and $75,000 respectively. The chain's cumulative revenue over 30 days is $5.92 million, with about one-third coming in the past 24 hours and more than two-thirds concentrated in the past week.Robinhood Chain uses the Arbitrum tech stack and pays directly to the Arbitrum DAO according to the Arbitrum expansion plan. Under this plan, chains that use the Arbitrum tech stack and settle to non-Arbitrum One or Nova parent chains must pay 10% of the chain's profits, with 8% going to the ArbitrumDAO treasury and 2% to the protocol developer guild. In the past 24 hours, the DAO received $175,600, with $363,000 and $532,000 received over 7 days and 30 days respectively.

Numa Lunah, co-founder of the crypto project Refi Hub, stated that he was hacked after installing a transcription application using a download link provided in the Claude chat window. The link pointed to a counterfeit website and bundled malware that attempted to steal all information from his device upon execution. Numa Lunah mentioned that he cleared and reinstalled the affected laptop and found no sensitive information leaked.Subsequently, he discovered a contaminated Claude Code skill file SKILL.md in his backup, which disguised itself as a style guide written by him and contained instructions to re-download the malware and steal credentials every time it was loaded. Microsoft Defender Experts had warned that attackers had shifted from search engine optimization poisoning to large language model response poisoning, with related tactics including recommending download links controlled by attackers, AI brand impersonation installers, and contaminated code libraries and proxy skills. Crypto industry practitioners may hold irrevocable credentials such as mnemonic phrases, private key files, hot wallet JSON, exchange API keys with withdrawal permissions, and deployer keys.

The stablecoin USDC issuer Circle has become the new main shirt sponsor of Premier League club Chelsea, marking the first time a cryptocurrency financial services company's brand appears in the main sponsorship position of a Premier League club. The two parties did not disclose the financial terms, but reports earlier this year indicated that Chelsea set a target price of £65 million (approximately $88.3 million) per year for this sponsorship position.Chelsea will wear the new jerseys featuring the USDC logo for the first time in their home match against Brighton on Sunday. Previously, cryptocurrency exchanges like OKX and Kraken served as sleeve sponsors for Manchester City and Tottenham Hotspur, respectively, but the main sponsorship position had never been occupied by a cryptocurrency company before.In June of this year, the UK's Financial Conduct Authority (FCA) warned Premier League clubs that collaborating with unauthorized cryptocurrency companies could violate financial promotion rules. Circle is authorized by the FCA through an electronic money license obtained in 2016, which has facilitated this collaboration.

Former Magic Eden General Counsel sh0edog (Joe) announced his joining of the consumer-grade crypto finance application fomo as General Counsel. His personal background also includes being an advisor at Day One Law and previously working at Fenwick West, entering the crypto industry in 2016.sh0edog stated that fomo is one of the fastest-growing consumer finance applications, with daily spot trading volume exceeding $100 million and over 61,000 daily active traders. It ranks 5th in the finance category of the US App Store and has raised approximately $95 million in total funding. He noted that the team's execution and integrity are outstanding and is optimistic about its potential to build a global financial social network.fomo co-founder seyong and other team members have publicly expressed their welcome. sh0edog stated that he will assist in promoting fomo's development in the global consumer crypto and social application direction.

According to Binance spot data, the market has seen several tokens experiencing a rise and fall. DODO has dropped 7.13% in the last 24 hours, MOVR has decreased by 8.24%, PROM has fallen by 8.09%, and EDEN has declined by 9.76%.In addition, EUL has reached a new low today, with a drop of 6.87%. MTL and KAIA have both hit new lows for the week, with declines of 7.73% and 5.17%, respectively. LA has also reached a new low today, with a decrease of 6.66%.EDEN has slightly increased by 3.13% within 5 minutes, while TUT has slightly decreased by 3.06%.

Intel (INTC.O) has invested unprecedented funds in the field of artificial intelligence computing.

UPBIT will launch trading for CYS, ICNT, XAN, EDEN, AIOZ, and ALLO on August 10 at 14:00, supporting BTC and USDT trading pairs. Users must complete their deposits within 2 hours after the announcement is made.