fuse

Bitget CEO stated that the attacker's address has been publicly listed and is under continuous tracking. Bitget calls on THORChain to refuse service to these addresses. Decentralization is a design principle and should not serve as a shield to facilitate known stolen funds.

The ongoing X-Agent AI MCP Hackathon has received nearly 40 projects, with some public works turning work decisions, capital management, and inter-machine trading into runnable products. X-Agent introduces three cases: BountyProof checks whether tasks are open, claimed, have relevant submissions, and the authenticity of rewards before the Agent accepts GitHub bounty tasks, with the core question being "Is this work worth doing?"Abstain empowers the Agent with the "do not trade" capability, returning execution, abandonment, or no trade based on preset rules before order execution. sumplus helps the Agent choose suitable model service solutions based on task context, output scale, model capability, and invocation costs, making the Agent an autonomous buyer of models, computing power, data, and API services.The three projects correspond to the foundational economic behaviors of the Agent: accepting work, utilizing funds, and purchasing services, pointing to work, capital, and trading primitives. X-Agent believes that a true Agent economy requires a complete cycle of "building, deploying, operating, discovering, invoking, paying, earning revenue, and distributing," positioning itself as the application layer of the Agent economy. This hackathon is still in the review stage, and the mentioned projects are only for public case reference, not representing shortlisted or award results.

Former Sonic CEO Michael Kong posted a response to Sonic Labs' recent statement of "immediate termination of cooperation." He stated that the company still sought his assistance on the same day and expressed hope for his well-being, but the announcement did not specify the reason, leading to the misleading impression that "he may have been dismissed due to misconduct." Kong indicated that this departure was not voluntary; after working at Fantom/Sonic for over eight years, he negotiated and signed a severance and release agreement with Sonic Labs and its affiliates.Kong mentioned that for the past two and a half months, Sonic Labs repeatedly promised to fulfill the agreement but is currently refusing to do so, and the existing contractual agreements have also not been honored. The release agreement stipulates that both parties shall not publicly disparage each other, yet matters that should have been handled internally were made public by Sonic Labs, causing damage, which is why he chose to respond publicly. He noted that he had almost single-handedly won the company a lawsuit in South Korea worth approximately $150 million, which was described as one of the largest cryptocurrency disputes in South Korea, and cited a written evaluation from David Richardson, the owner of Fantom and Sonic, stating that his work should be appreciated by the foundation.Kong stated that he reserves all rights to make any claims against Sonic Labs and its affiliates.

Following the attack on the Liquid Network, Blockstream rejected the hacker's demand for a 10% ransom on the remaining approximately 598.5 bitcoins and requested the hacker to return the bitcoins. "Unauthorized acquisition of assets and refusal to return them is a criminal act, not responsible disclosure; this is by no means white hat hacking, but outright theft."Previously, after Blockstream confirmed that the vulnerability in the bridging node had been fixed, the Liquid Network attacker returned 3,400 BTC and retained approximately 598.5 BTC (worth about 47.3 million USD).

Blockstream tweeted that it will not pay a ransom for the return of the stolen Bitcoin from the Liquid Network, stating that acquiring assets without authorization and refusing to return them constitutes theft, which does not fall under responsible disclosure or white hat behavior.Blockstream stated that if the stolen funds are not returned, it will cooperate with law enforcement agencies, exchanges, service providers, and forensic experts to track, recover the assets, and identify the responsible parties through all legal means, while emphasizing that Bitcoin transactions are transparent and relevant evidence will not disappear. Blockstream is the main developer and technical provider of the Liquid Network. Liquid Network stated that "approximately 4,000 BTC were taken by white hat hackers," and the sidechain has therefore suspended operations.

According to the Financial Times, an increasing number of high-net-worth individuals relying on cryptocurrencies like Bitcoin to accumulate wealth are being rejected by traditional trust companies when seeking to establish offshore trusts for tax and wealth succession arrangements. Trust institutions are primarily concerned about issues related to the verification of fund sources, potential money laundering risks, extreme asset price volatility, and the loss of private keys.The report states that some trust institutions specializing in serving digital asset clients are taking on such business through on-chain analysis and enhanced compliance reviews, but most mainstream trust institutions remain cautious, fearing future legal and reputational liabilities due to the sources of crypto assets or significant devaluation.

According to a report by Sina Finance, Anthropic refused to submit its latest model Claude Mythos 5.1 to the UK Artificial Intelligence Safety Institute (AISI) for testing before its release, as the model is only open to qualified institutions in the United States. This move has raised alarms within the UK Whitehall and AISI, with UK national security officials concerned that this could set a precedent, making it difficult for AISI to access the latest cutting-edge models in the future.Analysts pointed out that this action may be related to the increasingly stringent export control policies of the US government on the AI industry. The US government had previously implemented export controls on Anthropic's models Mythos and Fable, prohibiting foreign nationals from using them. Anthropic declined to comment on this, only stating that it is coordinating with the US government to expand access to the model for more domestic and international partners as soon as possible.

OpenAI issued a public statement on August 3 in response to the lawsuit filed by Apple. OpenAI described Apple's lawsuit as "careless, aggressive, and personal," and pointed out several factual inaccuracies: an external lawyer from Apple mistakenly sent an email intended for someone else to OpenAI's legal head, falsely claiming that the two parties had spoken over the phone; Apple later admitted it was due to "confusing two Asian surnames." OpenAI also revealed that after contacting Apple in February, Apple stated it was "working to resolve any issues," but then did not communicate for 5 months until filing the lawsuit.Regarding the allegations against former Apple employee Chang Liu for taking confidential information, OpenAI presented iMessage records from after his departure showing that Apple colleagues had proactively contacted him to request assistance in locating documents, and acknowledged that this was a common issue caused by Apple's "poor management of exit access." Another named executive, Tang Tan, had worked at Apple for over 24 years, and OpenAI stated that he had consistently required his team "not to use any confidential information from other companies." OpenAI indicated that it had proactively offered to cooperate in resolving the matter, but Apple chose to file a lawsuit, claiming that its request for a preliminary injunction was "based on false information and completely unnecessary." Previously, Apple sued OpenAI in July, accusing it of poaching Apple employees and using confidential information to develop AI products.

Galaxy Research Research Director Alex Thorn tweeted that among a Coldcard attack victim holding nearly 30 BTC, 17 BTC were split and converted to ETH via THORChain, and then deposited into the offshore betting platform Duel.com.Upon tracking, this portion of funds corresponds to approximately 229.72 ETH (worth about $445,000). The victim and the research team have emailed all known addresses of Duel.com, providing all transaction and deposit information and requesting to freeze the funds, but the response stated that the victim should have the police contact them, even though the platform's anti-money laundering policy claims it implements KYC and complies with relevant laws.Thorn stated that this response is unacceptable, and most of the Western regions have passed midnight, meaning the police report cannot be advanced until at least Monday; he believes that if the platform refuses to freeze the funds after receiving notification that they originated from an ongoing cyber attack, it constitutes complicity in theft.Since Duel.com's X account has been banned, Thorn turned to @ several individuals associated with the platform, urging them to push the platform to take the correct actions, and stated that if the funds are not frozen, the platform will face significant legal action.

According to a report by the International Consortium of Investigative Journalists (ICIJ), the stablecoin issuer Circle has been criminally charged by the Wisconsin state prosecutor for refusing to comply with a court order to assist in recovering funds for fraud victims.A victim in Wisconsin was defrauded of approximately 381,000 USDC, and the court issued a warrant last December requiring Circle to transfer frozen assets to law enforcement wallets, but Circle refused to comply, citing "technical inability to destroy and reissue tokens."The New York state prosecutor had previously sent a letter to the U.S. Senate, accusing Circle of repeatedly refusing asset freeze requests without a warrant and questioning its motives—Circle currently holds at least 119 million frozen USDC, which can continuously earn interest.In response, Circle denied the allegations, stating that the Wisconsin court lacks jurisdiction, and indicated that it has reached a preliminary agreement with federal prosecutors regarding a compensation mechanism for victims. Cryptocurrency tracking experts pointed out that Circle could fully implement token destruction and reissuance by updating its code, casting doubt on its claim of technical incapacity.

Du Jun, co-founder of ABCDE Capital, stated that Li Bojie, founder of Metagent, is the "least contractual spirit founder" he has ever worked with. Du Jun mentioned that Li Bojie founded Metagent in 2024 and received investment from ABCDE Capital, but subsequently refused to fulfill the basic obligations stipulated in the investment agreement, including updating investors on business progress and financial status, and later even went completely offline.Du Jun stated that venture capital can accept project failures, but cannot accept fraudulent behaviors such as founders "running away" after receiving investment.

David Sacks, the head of AI and crypto affairs at the White House, stated that although the commercial version of the Mythos series model Fable released by Anthropic this week includes safety barriers, once those barriers are bypassed, users will be able to access Mythos's advanced cyber attack capabilities. Sacks pointed out that Anthropic had previously described Mythos as a "cyber weapon" that requires regulation, so fixing the related vulnerabilities should have been its responsibility.Sacks mentioned that a partner trusted by both Anthropic and the U.S. government discovered a jailbreak method to bypass the safety barriers while testing Fable. The U.S. government subsequently requested Anthropic CEO Dario Amodei to fix the vulnerabilities or take the model offline, but this request was refused. Anthropic stated in a declaration that the vulnerability is "not serious," a claim that contradicts the judgment of the U.S. government and relevant partners.Sacks stated that Anthropic has always emphasized that safety should be prioritized, but this time it prioritized maintaining consumer-grade model services. In response, the U.S. government reluctantly imposed export control measures on Anthropic and hopes that Anthropic will resolve the safety issues as soon as possible to lift the related restrictions and restore the full release of Fable.Sacks also denied that this action is related to previous disputes between the U.S. Department of Defense and Anthropic, stating that the government recognizes Anthropic's technological capabilities and believes that the current issues can be resolved relatively easily, with the initiative currently in Anthropic's hands.

The European Central Bank (ECB) rejected the proposal to relax regulations on euro stablecoins, believing that such measures are too risky and could undermine financial stability and the transmission of monetary policy.Bruegel suggested at the informal meeting of EU finance ministers held in Nicosia, Cyprus, that liquidity requirements for stablecoin issuers should be lowered and that they should be allowed to access ECB funding support when necessary to combat a market dominated by dollar stablecoins and to avoid "digital dollarization." However, officials, including central bank president Lagarde, strongly opposed this, arguing that stablecoins could destabilize bank deposits, increase banks' funding costs, weaken lending capacity, and interfere with interest rate control.Although some finance ministers had mixed feelings about the proposal, several central bank officials questioned the idea of making the ECB the "lender of last resort" for stablecoin issuers. The EU is currently implementing strict regulations on stablecoins under the MiCAR framework, while the GENIUS Act passed in the U.S. in 2025 adopts more lenient rules. Currently, euro stablecoins account for only 0.3% of the global stablecoin supply, while Europe is advancing the digital euro project to enhance payment sovereignty.

Cryptocurrency exchange Kraken has stated that it is being extorted by a criminal organization, which threatens to release videos of its internal system access. The company emphasizes that there has been no systemic breach, customer funds remain secure, and it will not pay a ransom to the attackers.Kraken disclosed that the incident stemmed from improper access by personnel related to the customer service team, occurring in two separate incidents, involving limited data access for approximately 2,000 accounts (about 0.02% of total users). The company has identified the individuals involved and terminated their access, while also notifying affected users and strengthening security controls.Kraken's Chief Security Officer Nick Percoco stated that the company is cooperating with law enforcement to investigate and believes it has evidence to track and arrest the individuals involved. The current attack shows a trend of "internal infiltration + social engineering," reflecting the ongoing security challenges faced by the cryptocurrency industry in a high-value asset and complex technological environment.

Tehran has rejected any temporary ceasefire agreement with the United States. Tehran has set preconditions for talks with the United States on "lasting peace." The preconditions include an immediate cessation of attacks, guarantees that attacks will not occur again, and compensation for damages.Under the permanent peace agreement, Tehran demands fees for vessels passing through the Strait of Hormuz, with the fees varying based on the type of vessel, the cargo carried, and the current passage conditions.

According to Gate market data, the US Dollar Index DXY hit a new daily high, and reports indicate that Iran refuses to cease fire.

According to official news, the DePIN project Fuse Energy based on the Solana chain announced the completion of a $70,000,000 Series B financing. This round of financing was led by Lowercarbon and Balderton, with the company's valuation reaching $5 billion.

According to Cointelegraph, the Office of the Comptroller of the Currency (OCC) released preliminary findings on Wednesday indicating that from 2020 to 2023, the nine largest banks in the United States imposed restrictions on financial services for politically sensitive industries, including cryptocurrencies.The OCC report noted that these banks made improper distinctions based on the legitimate business activities of their clients, either implementing restrictive policies or requiring enhanced scrutiny to provide services. The restricted industries, in addition to cryptocurrency issuers and exchanges, also include oil and gas exploration, coal mining, firearms, private prisons, tobacco, and adult entertainment.Comptroller of the Currency Jonathan Gould criticized that large banks are abusing government charters and market power. The OCC is continuing its investigation and may submit the findings to the Department of Justice. The banks under review include nine large national banks, such as JPMorgan Chase, Bank of America, Citibank, and Wells Fargo.

Fuse Energy announced on the X platform that the U.S. Securities and Exchange Commission (SEC) has issued a No-Action Letter regarding the Energy Dollar (ENERGY) token to Fuse Energy. ENERGY is the native utility token of the Energy Network, built on the Solana blockchain. The project white paper was released today, containing complete details.In the relevant announcement, the SEC stated: "Based on the facts presented, if Fuse issues and sells the tokens in the manner and circumstances described in your counsel's opinion letter, without registering under Section 5 of the Securities Act and without registering the tokens as equity securities under Section 12(g) of the Exchange Act, the Division will not recommend that the SEC take enforcement action. This position is based on the statements made to the Division in your counsel's opinion letter. Any different facts or circumstances may lead the Division to reach a different conclusion. Furthermore, this response only indicates the Division's position regarding enforcement action and does not express any legal conclusions on the matters described."