event

According to the official announcement, Gate has officially launched SOL and XRP event contracts, simultaneously opening multi-cycle rise and fall trading channels. Users can log into the Gate App or the official website and enter the event contract section in the contract area to participate.Event contracts focus on rise and fall prediction trading, requiring no complex parameters such as leverage or margin, making the operational threshold low. The product covers four types of short cycles: 5 minutes, 15 minutes, 1 hour, and 4 hours, currently supporting four major cryptocurrencies: BTC, ETH, SOL, and XRP. Users only need to predict the rise and fall of the asset during the corresponding period, choose to place a bullish or bearish order, and the system will automatically settle at the end of the cycle. Positions can also be closed early for flexible profit-taking and loss-cutting.

Citigroup CEO Jane Fraser stated that although she remains concerned about how the CLARITY Act handles the rewards mechanism for stablecoins, overall, she hopes the bill will pass and believes it will benefit the financial system. Fraser indicated that Citigroup is still pushing for improvements to the bill.Fraser pointed out that if stablecoin platforms can offer rewards for user deposits, it may lead to a loss of deposits in traditional banks, thereby weakening banks' ability to provide loans and credit services in certain regions of the United States. Currently, the bill stipulates that platforms cannot offer rewards solely for users holding stablecoins, but they can provide rewards for trading and payment activities. This issue remains at the core of the controversy between the banking industry and the cryptocurrency sector as the bill progresses.

According to the official announcement, on the occasion of the 13th anniversary of Huobi HTX, the platform will launch the "13th Anniversary Carnival Month - Resilient Future" event from August 13 at 13:13 to September 13 at 13:13 (UTC +8), inviting global users to participate in the growth challenge. During the event, users can complete designated tasks to light up future gems and unlock anniversary benefits step by step. The ultimate prizes include a 2,000 USDT Future Exploration Fund, a chartered trip to TOKEN2049 in Singapore, and exclusive high-end gifts for the 13th anniversary.In addition, Huobi HTX is also launching a million-dollar prize pool recommendation event, covering trading scenarios such as spot, contracts, and leverage. Users can participate in the reward sharing by completing designated tasks.

The B.AI platform is now offering a limited-time 40% discount on the GLM-5.2 model for all users.During the event, whether deploying through the API or interacting on the web, all calls can enjoy a 40% settlement price. The discounted prices are: Input 0.84, Cache Write 0.84, Cache Read 0.168, Output 2.64 (Unit: Credits/Token).As a next-generation open-source flagship model, GLM-5.2 features a 1M ultra-long context window, designed for high-performance scenarios such as large-scale code development, complex reasoning, and agent tasks. Users can directly use it through the official API standard channel or the web interface, achieving seamless integration across all workflow scenarios. This event aims to unleash top-tier AI productivity at a lower cost, and users can log in to the B.AI platform to experience it starting today.

The four major life insurance companies in Japan (Nippon Life, Dai-ichi Life, Sumitomo Life, Meiji Yasuda) reported a quarter-on-quarter increase of 7% in domestic bond holdings' unrealized losses for the second quarter of 2026, reaching a record $96 billion, marking the seventh consecutive quarter of increase, with total unrealized losses growing by more than twice during this period. Japanese life insurance companies typically hold government bonds and other securities to maturity to match long-term insurance liabilities. In May of this year, the yield on Japan's 30-year government bonds broke 4.0% for the first time since this bond was issued in 1999, raising market concerns that the Kishida government may increase fiscal spending. Analysts point out that if there is a surge in policy cancellations, insurance companies may be forced to sell their holdings prematurely to meet payouts, which would put pressure on their portfolios and earnings. The pressure facing Japanese financial institutions is intensifying.

This week will see several important events and data. On Monday, the Bank of Japan will release the summary of opinions from the July monetary policy meeting. On Tuesday, the Reserve Bank of Australia will decide on interest rates and hold a press conference. On Wednesday, the United States will release the July CPI data and EIA crude oil inventory. On Thursday, the UK and Eurozone will publish various economic data, and JD.com and Tencent will release their financial reports. On Friday, France and the Eurozone will release CPI and GDP data, and a new round of pricing adjustments for domestic refined oil will begin.

Bitcoin Red Team member @Rob1Ham stated that OpenAI has prevented him from continuing security analysis on the Bitcoin codebase, despite his responsible disclosure of real vulnerabilities present in it.Rob1Ham mentioned that he had previously completed the authentication and onboarding process related to OpenAI's cybersecurity capabilities, but is currently unable to continue investigating whether the remediation measures are sufficient or if other vulnerabilities still exist. He stated that he will resume Bitcoin security research using Chinese open-source AI models in the future. Rob1Ham said, "Black hat hackers will not attack these issues, white hat hackers will." He also stated, "For those who do not comply with the rules and engage in harmful behavior, intelligence is unrestricted, while those committed to reducing harm are excluded."

The U.S. Commodity Futures Trading Commission (CFTC) issued a notice reminding regulated entities involved in the listing, promotion, or acceptance of event contracts to ensure that consumers are provided with clear and accurate product pricing information, avoiding misleading market participants, including the obligation to display clear and accurate derivative pricing information.The CFTC's Market Oversight and Market Participants divisions stated that registered entities and relevant personnel must comply with regulatory requirements, ensuring that users fully understand the product attributes in the CFTC-regulated market, and strengthen the supervision of information disclosure by intermediaries, related parties, and partners. It was also specifically pointed out that displaying event contract prices using the common "American odds format" may mislead traders' understanding of the product nature and prevent users from fully obtaining key trading information such as market depth and price impact.The CFTC requires that market participants clearly show consumers that the products are event contracts on CFTC-regulated exchanges, and any misleading pricing display behavior related to regulated products may violate relevant provisions of U.S. federal law regarding the prohibition of manipulative trading practices.

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.

According to the official announcement, Gate's DEX infrastructure platform Gate DexBuilder has officially launched its first event contract Builder and initiated a $3 million funding program, open for global project parties, developers, communities, and Web3 applications to collaborate, promoting the ecological construction of the event contract market.The event contract Builder is dedicated to lowering the development threshold for market products, providing partners with integrated infrastructure services covering market creation, trading, liquidity support, settlement, and operational management. Through infrastructure services such as APIs and SDKs, partners can quickly deploy branded event contract products without building the underlying trading and settlement systems from scratch.Currently, the program is open for applications from brokers and comprehensive trading platforms, crypto wallets, Web3 applications, media information platforms, AI Trading, AI Agents, quantitative trading platforms, as well as sports, esports, and entertainment products. Selected projects can receive up to $3 million in funding and ecological resource support, covering product research and development, technical integration, liquidity building, market promotion, and user growth.Jason Fung, the project leader of Gate DexBuilder and Head of Global Partnerships, stated that the development of the event contract market requires more application scenarios and infrastructure support. Gate DexBuilder hopes to lower the construction threshold through the event contract Builder, helping more partners explore innovative applications in the event contract market. In the future, Gate DexBuilder will continue to open up the infrastructure capabilities of the event contract market, working with global Builders to explore more innovative application scenarios and promote further development of the market ecosystem.

The Shanghai headquarters of the People's Bank of China held a work meeting for the second half of 2026, during which it emphasized the need to firmly uphold the bottom line of preventing systemic financial risks. It will continue to strengthen the assessment and verification of bank institution ratings. Monitoring and analysis of systemically important financial institutions will be enhanced.There will be ongoing prevention and handling of risks related to speculative virtual currency trading. Efforts will be made to actively promote the standardization of financial product online marketing behaviors by local institutions. The mechanism for preventing and resolving systemic risks will be continuously improved. There will be a strengthened crackdown on illegal financial activities. The framework for macro-prudential management will be continuously refined. The level of cross-border financial risk monitoring will be comprehensively enhanced.

Circle's Senior Director of Strategy and Policy, Patrick Hansen, stated that after the comprehensive implementation of the EU's Markets in Crypto-Assets Regulation (MiCA), licenses have been issued for 35 electronic currency tokens from 21 issuers, and local issuers are making good progress. Patrick Hansen pointed out that the strict regulations of MiCA have made it impossible for most major stablecoin issuers, including Tether, to meet operational requirements. Currently, only USDG, USDC, and EURC comply with the framework requirements, while other stablecoins fall outside the regulatory scope of MiCA, leaving EU users unprotected or unable to access services.He believes that the upcoming review of MiCA should address this issue and provide a more pragmatic operational pathway for foreign issuers. The EU's Directorate-General for Financial Stability, Financial Services, and Capital Markets Union launched a public consultation on May 20 to assess whether the current framework is still applicable, with the consultation continuing until September 30.

According to official news, the Ethereum Foundation's "Trillion Dollar Security" (1TS) has announced a special grant to the Freedom of the Press Foundation (FPF) to support the ongoing development of the open-source tool WEBCAT, aimed at addressing the long-standing front-end code verification security gap in Ethereum wallets and decentralized applications (DApps).WEBCAT (Web-based Code Assurance and Transparency) is an open-source tool designed to help browsers verify whether the code loaded by a website matches the version publicly released by the developer.This funding will promote the expansion of WEBCAT to Ethereum wallets and application scenarios, enabling users to verify whether the front-end pages they access have been tampered with.The Ethereum Foundation stated that while HTTPS can verify the website a user is connected to and encrypt communication, it cannot prove that the front-end code actually running on the website is the same version released by the developer. If an attacker controls the website's front-end code, they may modify the transaction receiving address without the user's knowledge or induce the user to sign transactions that do not match the content displayed on the page.The Ethereum Foundation noted that front-end attacks have become a significant security risk for blockchain infrastructure, with malicious modifications to web interfaces potentially leading to supply chain attacks, DNS hijacking subsequent attacks, and user interface deception.WEBCAT was initially developed by the Freedom of the Press Foundation to enhance the code credibility of secure communication systems like SecureDrop.With this expansion into the Ethereum ecosystem, it will complement security measures such as "Clear Signing" in the 1TS program: the former helps wallets confirm that the application front-end has not been tampered with, while the latter helps users understand the transaction content they are approving.

According to Jinshi reports, BeamR has introduced NVIDIA (NVDA.O)'s video super-resolution technology into live sports events to enhance the viewing experience for audiences.

According to Jinshi reports, Apple is opening a lottery registration for U.S. retail employees who wish to participate in the offline launch event, which is expected to take place in the first half of September. Internal memos indicate that participating employees will assist in organizing queues, registering visitors, welcoming attendees, and supporting the security team.Historically, Apple's iPhone launch events are usually scheduled for the second Tuesday or Wednesday of the month.

According to Jinshi reports, today's key economic data and events to focus on include: 04:30 US API crude oil inventory for the week ending July 31, 08:15 speech by Federal Reserve Chairman Schmid, 09:45 China's July RatingDog services PMI, 14:45 France's June industrial production month-on-month, 15:50 France's July services PMI final value, 15:55 Germany's July services PMI final value, 16:00 Eurozone's July services PMI final value, 16:30 UK's July services PMI final value, 17:00 Eurozone's June PPI month-on-month, 20:15 US July ADP employment change, 21:45 US July S&P Global services PMI final value, 22:00 US July ISM non-manufacturing PMI, 22:30 US EIA crude oil inventory for the week ending July 31, 22:30 US EIA Cushing crude oil inventory for the week ending July 31, 22:30 US EIA strategic petroleum reserve inventory for the week ending July 31, and on the next day at 04:05, Federal Reserve Governor Cook will give a speech on the economic outlook.

The Ethereum community has submitted a new improvement proposal EIP "Tapered Issuance Burn," aimed at adjusting the ETH issuance mechanism to reduce the centralization and dilution risks brought about by excessively high staking ratios. The proposal points out that the ETH staking ratio exceeded one-third of the total supply in April 2026 and continues to grow.Under the current issuance curve, even if all ETH participates in staking, the staking yield will not be lower than approximately 1.5%, leading to a lack of a "closure mechanism" for staking incentives. This EIP proposes to destroy a portion of the theoretical rewards for validators in each epoch, with the destruction ratio increasing as the staking scale grows: when the staking rate reaches about 50%, the net staking yield will gradually drop to zero. The proposal believes that this mechanism can limit the continuous expansion of ETH supply, reduce the dilution pressure on holders, prevent excessive concentration of staking in custodial institutions and staking service providers, and maintain ETH's attributes as a neutral asset and a store of value.According to the design, under the tapered issuance mechanism, the ETH issuance will peak when the staking rate is around 20%, with an annual issuance rate of about 0.5%, and will drop to zero when the staking rate reaches 50%. Combined with the EIP-1559 and Blob fee destruction mechanisms, ETH supply may more frequently enter a deflationary state in the future. The authors of the proposal state that this plan is not aimed at individual stakers but rather corrects the long-term dilution issues brought about by the current issuance curve, allowing staking yields to ultimately be determined by market risk premiums rather than fixed algorithmic incentives.

Bitget launches a stock spot event with a total prize pool equivalent to 200,000 USDT in Nvidia (rNVDA). The participation period is from August 4th, 19:00 to August 21st, 23:59 (UTC+8). During the event, users who complete specified US stock spot (rToken) holding tasks or invite friends to participate can randomly receive Nvidia stocks worth between 5 to 500 USDT. Rewards will be distributed in the form of rNVDA cash vouchers, on a first-come, first-served basis.