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Iranian President Ebrahim Raisi stated that the United States and Israel are using artificial intelligence data to attack Iran.

According to Cointelegraph, Dan Katz, the First Deputy Managing Director of the International Monetary Fund (IMF), stated that local currency stablecoins, aimed at reducing dependence on dollar stablecoins, may instead make it easier for users to turn to digital dollars. Once local currency stablecoins operate on the same blockchain infrastructure as dollar stablecoins, users can easily switch between the two through decentralized exchanges, liquidity pools, or peer-to-peer exchanges.This could accelerate the shift of foreign exchange activities from banks and currency traders to on-chain, weakening authorities' ability to monitor and manage capital flows. Katz mentioned that while it is still too early to draw conclusions, many users may prefer dollar tokens due to their strong liquidity, network effects, and ability to be used across platforms and borders. Katz pointed out that risks vary by country. In highly dollarized economies, stablecoins may primarily replace existing dollar holdings; whereas in countries where access to dollars is restricted and economic frameworks are weak, it may further increase demand for foreign currencies. Katz urged authorities to include deposit/withdrawal channels and on-chain exchange points in the regulatory framework.

According to a report by China News Service, Russian President Putin signed a law on the 4th to comprehensively regulate digital currencies and digital rights in Russia. Relevant documents have been published on the Russian legal information website. The law clarifies the operational rules for cryptocurrency exchange platforms, digital asset custodians, and other market participants, and regulates the conditions under which investors can purchase cryptocurrencies.The law regulates relationships related to the circulation, accounting, and storage of digital currencies and foreign digital tools, as well as activities related to "mining," and the issuance and circulation of digital rights. It also stipulates the regulation of the business operations of information system operators for issuing digital financial assets, cryptocurrency exchange institutions, digital asset custodians, brokers, asset management companies, trading organizers, and clearing institutions. According to this law, Russian citizens can legally invest in cryptocurrencies through exchanges within Russia and use services provided by brokers, trust managers, asset management companies, and cryptocurrency exchange institutions when conducting cryptocurrency transactions and related operations.The registration and custody of cryptocurrencies will be the responsibility of relevant digital custodians approved by the Central Bank of Russia, and market participants must comply with strict information security requirements. The Central Bank of Russia will also establish a registration list for cryptocurrency exchange institutions, which will include credit institutions and brokers under a filing system for management. This law will officially take effect on September 1, but some provisions will be implemented on July 1, 2027, or September 1, 2027.

According to CoinDesk, American Bitcoin (ABTC), a Bitcoin mining company associated with the Trump family, announced that President and interim Chief Financial Officer (CFO) Matt Prusak will leave on August 4 to join AI and energy infrastructure company Giga Energy as Chief Business Officer and interim CFO.Prusak stated that after "years of building the Bitcoin business," he will shift to the upstream energy infrastructure sector, focusing on the current power supply issues that limit the development of Bitcoin mining and AI computing.American Bitcoin was co-founded by Eric Trump and supported by Hut 8, and it is a publicly traded Bitcoin mining company listed on NASDAQ. Prusak was previously responsible for driving the company's Bitcoin accumulation strategy, including expanding hash power and increasing the BTC holdings per share.Giga Energy, headquartered in Houston, primarily develops power equipment and AI data center infrastructure. The company stated that it has delivered over 6.5GW of power infrastructure and is developing over 500MW of AI data center capacity.Industry insiders believe that Prusak's transition reflects the accelerating migration of the Bitcoin mining industry towards the AI infrastructure sector. As competition in the mining business intensifies and profit margins are pressured, more mining companies are beginning to leverage their own power resources, land reserves, and data center capabilities to enter the AI computing infrastructure market.As large tech companies compete for power and data center capacity, energy supply has become a core bottleneck for the expansion of AI computing, and companies with the ability to integrate power resources are gaining more attention.

According to a report by the Korean News Agency, a poll released on Monday shows that due to the impact of the stock market crash and other controversies, South Korean President Lee Jae-myung's approval rating has fallen to its lowest level since he took office in June last year. This poll, conducted by Realmeter and commissioned by the media EKN, indicates that the public's positive evaluation of Lee Jae-myung has decreased by 0.4 percentage points to 45.9%, marking a decline for the third consecutive week. The public's negative evaluation of Lee Jae-myung has risen by 1 percentage point to 50.5%, breaking the critical 50% mark for the first time.Another poll conducted by the same polling agency shows that the approval rating of the ruling Democratic Party is at 45.1%, an increase of 3.8 percentage points from the previous week; while the approval rating of the main opposition party, the People Power Party, has decreased by 2.9 percentage points to 37.7%.

Former Alibaba Vice President of Technology and Lepton AI founder Jia Yangqing announced the establishment of a new company, Intent Lab, and launched the autonomous Agent team "Fleet," aimed at directly transforming users' natural language requirements into software systems ready for production environments.According to reports, users only need to describe their development intent, and Fleet can complete the entire process from system architecture design, code development, infrastructure deployment, to testing, quality validation, and performance optimization. The goal is not just to generate code, but to deliver runnable production-grade software.It is reported that Intent Lab has simultaneously showcased several early achievements, including the GLM-5.2 inference engine, one-time database creation, and a fully validated Agent file system.

Strive Vice President Joe Burnett posted on platform X that the recent weeks may be among the worst in Bitcoin's history. Many people purchased recognized hardware wallets, generated mnemonic phrases offline, and followed established best practices, yet still lost a significant amount of Bitcoin due to a vulnerability affecting COLDCARD wallet that generated mnemonic phrases since March 2021 and beyond. This vulnerability went undetected for over 5 years.Joe Burnett stated that this will permanently change people's confidence in self-custody. Self-custody will still exist, but it has been permanently altered. For those who wish to directly control a large amount of Bitcoin, the standard should be multi-vendor multi-signature, with keys generated independently using different hardware and different software, and stored in different physical locations. If this approach is unacceptable, then institutional-grade custodians should be used.Joe Burnett mentioned that the current wave of Bitcoin adoption is happening through ETFs, treasury companies, and institutional custodians, primarily from individuals who unintentionally become experts in private key generation, hardware security, firmware, backups, inheritance planning, and physical storage. A single key generated by one hardware wallet protecting a large amount of Bitcoin poses excessive concentration risk.Joe Burnett also stated that institutional custody may ultimately lead to excessive Bitcoin concentration in the hands of large companies, resulting in risks of censorship, seizure, and confiscation. However, Bitcoin's portability and settlement attributes provide a crucial counterbalance, allowing users to create wallets and request custodians to send Bitcoin, transitioning from counterparty risk to direct ownership within minutes.Joe Burnett believes that as long as Bitcoin itself remains secure, the failure of any particular custody method does not negate the underlying monetary system, but rather forces the market to develop better tools, stronger standards, and more resilient custody frameworks. This week may ultimately mark the end of an era for Bitcoin custody and the beginning of the next wave of Bitcoin adoption.

According to Jinshi reports, Ukrainian President Zelensky stated that the Ukrainian National Security Bureau attacked the infrastructure of three Russian oil refineries in the Bashkortostan region.

According to Jinshi reports, Ukrainian President Zelensky stated that Russia launched 35 missiles and 185 drones to attack Ukraine.

U.S. Senator Cynthia Lummis posted on the X platform, stating that the current version of the cryptocurrency market structure bill requires President Trump to sell his digital assets or transfer them into a blind trust, becoming one of the focal points of negotiation. Several Democratic lawmakers are concerned that the bill will weaken their narrative of attacking Trump for "crypto corruption" in the midterm elections, and thus hold a cautious attitude towards advancing the legislation.Supporters emphasize that the bill also covers ethical standards for the President, Vice President, members of Congress, and the federal judiciary, and will provide a clearer regulatory and protective framework for investors in the event of bankruptcy of cryptocurrency trading platforms.

According to Jinshi reports, U.S. President Trump has ordered restrictions on the export of critical mineral waste.

According to Jinshi reports, Ukrainian President Zelensky stated that Kyiv and its surrounding areas, as well as Dnipro, Lviv, Poltava, Kharkiv, Mykolaiv, Sumy, Vinnytsia, Cherkasy, and Ivano-Frankivsk regions were attacked at night.In this attack, Russia used more than 70 missiles, a significant portion of which were ballistic missiles, and over 280 attack drones participated in the assault, with 260 drones successfully intercepted.

Rob Nichols, the President of the American Bankers Association, stated in an interview that the banking industry's lobbying group hopes for the passage of the CLARITY Act, but issues surrounding stablecoins still need to be resolved.The bill is about 600 pages long, and the banking industry only suggests making minor and precise modifications to two sections to prevent stablecoins from replacing bank deposits. They are referred to as payment stablecoins for a reason, not deposit stablecoins. However, he does believe that the cryptocurrency industry and the banking industry can coexist.

According to Jinshi reports, Ukrainian President Zelensky requested Trump to provide 300 Patriot interceptor systems before winter. Zelensky stated that a U.S. envoy may visit Kyiv within the next two weeks.

According to Jinshi reports, Ukrainian President Zelensky stated that Ukraine successfully struck a logistics center in Russia's Ryazan city.

According to Catcher Predict monitoring, the "2028 Presidential Election Winner" event is currently among the hottest trades on the prediction market Polymarket, with a cumulative pool size reaching $67.344 billion. The option with the highest market consensus is "JD Vance," corresponding to an estimated winning probability of about 20.05%.

Nigerian President Bola Ahmed Tinubu has signed an executive order to coordinate the regulation of virtual assets, strengthen cooperation among the country's financial, tax, and capital market institutions, and address the fragmentation of digital asset regulation. The executive order establishes a virtual asset committee composed of heads of Nigeria's main financial regulatory agencies, responsible for guiding relevant policies. The Nigerian tax authorities will update digital asset policies and provide more details on their impact on taxpayers.The President's Special Adviser Bayo Onanuga stated that the executive order does not establish new regulatory bodies nor transfer power between institutions; each agency retains its statutory responsibilities and independence, and registration requirements will be determined based on the nature of the activities and the assets involved. A report from the International Monetary Fund (IMF) in June indicated that since 2019, Nigeria has accounted for about 60% of the stablecoin inflows to sub-Saharan Africa; from July 2023 to June 2024, the country's cryptocurrency inflows are estimated to be around $59 billion.

According to News.bitcoin, the Kenyan government is investigating the hacking incident of President William Ruto's official website, where attackers briefly disabled the site and altered the homepage content, demanding a ransom of 5 Bitcoins.William Kabogo, the Cabinet Secretary for the Ministry of Information, Communication and the Digital Economy, stated that the Kenyan law enforcement agency ICT Authority immediately activated the cybersecurity response protocol to control the incident and conduct forensic investigations, temporarily restricting public access to the portal. Currently, there is no evidence that sensitive data has been accessed without authorization, leaked, or lost, and government systems and digital services remain securely operational.

Nigerian President Bola Tinubu has signed an executive order on virtual assets aimed at regulating virtual assets and combating unregistered operators. The measure has taken effect immediately and will establish a new supervisory framework to coordinate the fragmented regulatory environment.The newly established Virtual Assets Committee will serve as the main policy-making and coordinating body, chaired by the Central Bank of Nigeria (CBN), with the Federal Inland Revenue Service and the Nigerian Securities and Exchange Commission (NSEC) as vice-chairs. An Office of Virtual Assets will be set up within the CBN to handle daily inter-agency operations and information sharing. Securities-related financial activities will be managed by the NSEC, while payment, settlement, and custody services for non-securities virtual assets will be managed by the CBN.The CBN plans to launch a regulatory sandbox that allows qualified operators to test virtual asset products and blockchain solutions in a monitored environment. The Virtual Assets Committee is required to develop an implementation framework for the executive order within 30 days.

According to The Block, the U.S. Supreme Court ruled 6 to 3 in favor of Trump's right to replace the leaders of several independent federal agencies, including the FTC, excluding the Federal Reserve, strengthening the president's control over personnel in regulatory agencies.As this ruling comes out, the SEC and CFTC are advancing a new round of regulatory rules for crypto assets, including rule revisions, exemptions, and the allocation of responsibilities regarding digital assets. Currently, the SEC is led by three Republican commissioners, while the CFTC has only its chairman, Michael Selig, in office.Former CFTC officials and industry insiders have stated that the reduction in the number of commissioners may weaken internal negotiations and the robustness of rules, and may also make rules under a single commissioner more susceptible to being rewritten or abolished in future administrations. However, as long as they comply with their respective authorizing statutes and the Administrative Procedure Act, the relevant rules still have legal effect.