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According to the Financial Times, JPMorgan Chase terminated its banking services for Polymarket last October due to regulatory concerns, requiring the company to seek new banking institutions. Previously, Polymarket was banned from providing services to U.S. customers after the Commodity Futures Trading Commission took enforcement action in 2022.Currently, Polymarket has partnered with a new bank, but the specific name has not been disclosed. JPMorgan Chase still maintains business dealings with Polymarket and invited its CEO Shayne Coplan to participate in a private banking client meeting held in Miami this February, where he spoke alongside former NFL player Tom Brady. Polymarket stated that the two parties continue to maintain a close and active relationship in various areas, including multiple entities, operational integration, and customer fund flow management.Since 2026, prediction market platforms like Polymarket and Kalshi have faced legal actions from multiple U.S. states regarding their alleged operation as illegal sports bookmakers, while the relevant platforms argue that they operate as exchanges facilitating trades between buyers and sellers, rather than as bookmakers. According to user aggregated data, the nominal trading volume of prediction markets has exceeded $250 billion since 2026.Meanwhile, Polymarket is seeking over $1 billion in financing, with a target valuation of $20 billion, more than doubling from the approximately $8 billion valuation during the last round of financing in 2025.

According to Cointelegraph, Hyperliquid will expand a deployer-controlled scaleWei function for HIP-1. This function can proportionally adjust the balances of a certain token among all holders, equivalent to an on-chain version of a stock split, and can also be used to handle airdrops, dividends, repricing, and reverse mergers.According to the announcement, during the execution of the rescheduling, unfilled orders will be canceled and replaced according to the effective rescheduling ratio, rounded down, while totalWei is allowed to be negative, enabling reverse rescheduling. The initiating address can be a system address from Core to EVM, or a treasury address specified and signed by the deployer.

The prediction market trading terminal Fireplace has officially announced its shutdown. The website will remain open until the end of September, during which users can close positions, withdraw funds, and export accounts.Fireplace is a professional trading terminal that aggregates markets and liquidity from prediction market platforms such as Polymarket. In February of this year, the project completed $1.5 million in Pre-Seed financing.

According to CoinDesk, U.S. Senate Majority Leader John Thune officially submitted a procedural motion for the Clarity Act after an all-night voting session on Saturday morning, initiating the first procedural voting process for the bill in the Senate. This move makes it possible for the Clarity Act to enter procedural voting immediately after the September recess, but the bill has already missed the voting window before the August recess, and passing in September still faces challenges.The Clarity Act requires at least 60 votes in support, and currently needs the backing of at least 10 Democratic senators, but there are still disagreements over the ethical clause that prohibits senior government officials (including President Trump) from participating in cryptocurrency projects. Bipartisan senators have submitted a revised proposal to the White House, but it has been on hold for at least a week without a response. Additionally, controversies surrounding illegal financial protections and stablecoin earnings remain unresolved. If the procedural vote fails in September, the chances of the Clarity Act passing this year will be extremely slim, and the new Congress in 2027 will need to reintroduce the legislation.

According to monitoring by Catcher Predict, in the prediction market Polymarket for the event "National Bank Open: Cameron Norrie vs. Alex De Minaur," the "Norrie" option in the sub-market "National Bank Open: Cameron Norrie vs. Alex De Minaur Second Set Winner" has experienced significant fluctuations in winning probability, soaring from 35.5% an hour ago to the current 60.5% (a fluctuation of 25%). Please note the impact of relevant breaking news.

The Move-to-Earn application Step App officially announced its closure after four years of operation. The official statement indicated that the platform has achieved over 1 million downloads, tracked billions of steps, and facilitated the integration of Web2 and Web3 in the fitness sector.All services will cease before August 21, 2026. The team reminds users to unstake locked tokens and manage their exchange positions before this date.

According to Jinshi reports, Iran and Oman have reached a preliminary consensus on the reopening of the Strait of Hormuz, with an announcement of the agreement expected in a few days, pending approval from Iran's National Security Council.The agreement will last for 60 days and aims to restore navigation.

According to CCTV Finance, based on a previous announcement, the preliminary inquiry date for the IPO of Yushu Technology on the Sci-Tech Innovation Board is today. After the inquiry is completed, subscription will begin on August 10, with both online and offline subscription dates being August 10, and the payment deadline being August 12.The preliminary inquiry period is from 9:30 to 15:00, during which the sponsor (lead underwriter) will conduct verification of offline investors, and investors participating in the strategic placement will pay the subscription funds. On August 6, the issuance price will be determined, valid bidding investors and their subscription shares will be confirmed, and the final allocation quantity and ratio for investors participating in the strategic placement will be determined. This IPO of Yushu Technology aims to raise 4.202 billion yuan, publicly issuing 40.4464 million new shares, accounting for 10% of the total share capital after issuance, which will be 404 million shares. The market estimates that the IPO market value of Yushu Technology will exceed 40 billion yuan. Based on the new share subscription unit of 500 shares on the Sci-Tech Innovation Board and the estimated market value of the issuance, the IPO issuance price of Yushu Technology is approximately 104 yuan per share, with a single subscription requiring about 52,000 yuan, but the specific deviation of the IPO inquiry still needs to be determined by market participants.

According to reports from Huxiu Technology, Jieyue Xingchen is advancing along two strategic lines: one centered around large models, and the other focused on intelligent terminal devices. The mobile phone business has been placed under the independent company "Zhiyue Xingchen," operated by a team with backgrounds in Huawei and Honor, led by terminal president Ni Jiayue. Jieyue's first intelligent terminal phone STEPX Neo was unveiled during WAIC, but the price and mass production schedule have not been announced. Huxiu has learned that Jieyue is building an overseas commercialization team, planning to sell large model APIs (primarily voice models) overseas, and mobile phones will also be included in the overseas sales plan.Jieyue Xingchen's chairman Yin Qi previously attempted the "AI + car" path at Qianli Technology (formerly Lifan Technology), and this time, using mobile phones as the first piece of the terminal strategy aims to establish a closed-loop system of "model---operating system---terminal." The phone is equipped with the Step AOS intelligent terminal operating system, positioned as a carrier for intelligent terminal services, with the business model ultimately returning to Token consumption. Jieyue also maintains model collaborations with 60% of top domestic mobile phone brands, with existing installations exceeding 42 million units, but the potential competitive relationship with its own mobile phone business remains unclear. As of the time of publication, Jieyue Xingchen has not commented.

According to Jinshi reports, Apple (AAPL.O) has applied to a U.S. judge for a preliminary injunction to prohibit two former employees and OpenAI from accessing, obtaining, using, or disclosing so-called confidential information, while the company continues to advance its lawsuit regarding trade secrets.Apple sued OpenAI and two former employees currently working at OpenAI last month, accusing them of stealing Apple's trade secrets to assist OpenAI in entering the consumer hardware market.

According to Jinshi reports, the Israel Defense Forces launched an attack yesterday (Sunday) in the Deir Ballut area, successfully eliminating the commander of Hamas's military wing, the Nukhba forces, Abdullah Adnan Taha Abu Al-Tayef.

According to Jinshi reports, the preliminary year-on-year CPI for the Eurozone in July is 2.9%, in line with market expectations, and an increase from the previous value of 2.8%.

According to Jinshi reports, the preliminary month-on-month CPI for the Eurozone in July is 0.2%, higher than the market expectation of 0.1% and the previous value of -0.1%.

Recently, the public security agencies of Zhanjiang and Leizhou in Guangdong, China, launched a concentrated crackdown operation, successfully dismantling a money laundering criminal gang that used virtual currency transactions to transfer funds from telecom network fraud. Sixteen members were criminally detained in accordance with the law.The gang, led by a couple named He and Zhang, began laundering and transferring fraudulently obtained funds through virtual currency trading models since the end of 2025. They illegally profited by earning transaction price differences and amassed a large number of personal bank cards, WeChat, Alipay, and other payment accounts to build a money laundering chain. In the early hours of July 24, the police conducted a precise cross-regional operation, dismantling the entire gang. The Zhanjiang Public Security Bureau solemnly reminds that "score running" money laundering is an important accomplice in telecom network fraud. Involved individuals will be charged based on the severity of their actions, suspected of aiding information network criminal activities, concealing and disguising criminal proceeds, and crimes related to the benefits of criminal proceeds.Citizens are strongly advised not to rent, lend, or sell personal bank cards and various payment accounts for the sake of small commissions. They must resolutely avoid participating in illegal activities such as virtual currency fund transfers and money laundering. Everyone should consciously protect their personal credit and property safety and actively stay away from all types of fraud-related criminal activities.

According to Jinshi reports, Yushu Technology (688836.SH) announced that the company will conduct its initial public offering and list on the Sci-Tech Innovation Board. This issuance will adopt a combination of strategic placement, offline issuance, and online issuance. The proposed public offering will issue 40.446434 million shares, accounting for 10% of the total share capital after issuance, with a total share capital of 404.46434 million shares after issuance.The preliminary inquiry date is August 5, 2026, and the offline subscription date is August 10, 2026. The company has a special voting rights mechanism arrangement, and the actual controller Wang Xingxing controls a total of 68.78% of the voting rights under the voting rights differential arrangement.

According to Jinshi reports, Germany's July harmonized CPI month-on-month preliminary value is 0.9%, higher than the market expectation of 0.8%, and the previous value was -0.2%.

According to Deribit data, a nominal value of 10.3 billion dollars in cryptocurrency options will expire tomorrow.Among them: BTC options have a nominal value of 9.5 billion dollars, with a put/call ratio of 0.28 and a maximum pain point of 64,000 dollars; ETH options have a nominal value of 819 million dollars, with a put/call ratio of 0.59 and a maximum pain point of 1,800 dollars.

According to Jinshi reports, market sources say that Ukrainian drones attacked the grain export terminal in Russia's Taman Port, causing significant damage.

According to Jinshi reports, the preliminary quarterly GDP growth rate for the Eurozone in the second quarter is 0.4%, higher than the market expectation of 0.2%. The previous value was revised from -0.2% to 0%.

The "China Business Journal" issued a statement saying: "Recently, our company discovered that illegal individuals are impersonating 'China Business Journal' and sending emails to some companies through non-official company email accounts, falsely claiming to have obtained significant negative information about the companies through so-called 'undercover investigations,' and threatening that if financial compensation (in Bitcoin) is not paid, the related 'undercover articles' will be published."The "China Business Journal" stated that all its news reports strictly comply with national laws and regulations, and interviews and communications are conducted through official channels. Such behavior is suspected of fraud and has been closely monitored, with evidence collected, and all rights to pursue legal responsibility are reserved. The statement reminds relevant companies to remain vigilant; if they receive such impersonated emails, they should not pay any financial compensation, and should immediately preserve all evidence and report to the local public security authorities.