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Morph Payments Launches Enterprise-Grade Stablecoin Payment Platform

Odaily News Morph Network has officially announced the launch of Morph Payments, positioned as an enterprise-grade stablecoin payment platform for global businesses. Enterprises can register via email and generate payment links, allowing customers to pay with stablecoins using any wallet and network, with funds arriving within seconds. Recipients can choose their preferred network to receive payments. The payment side supports single or batch payments to suppliers, employees, or contractors. Morph Network stated that the platform is designed for real-world business scenarios, covering global fund flow needs from collection to payment.

Grok Bot Early Beta Launch

Odaily News: Elon Musk's SpaceXAI has launched an early beta version of Grok Bot. Elon Musk reposted, stating that after resolving some fundamental issues in the early beta, the testing scope of Grok Bot will be expanded, and Grok 4.6 will be released later this week.

OpenAI Launches Linux Desktop App Preview for ChatGPT, Supporting ChatGPT, Work, and Codex

Odaily News: OpenAI announced on Tuesday the launch of a ChatGPT app designed specifically for Linux, currently available in preview form and supporting ChatGPT, ChatGPT Work, and Codex. Initial support includes Ubuntu 24.04 and 26.04 LTS, Debian 13, and Fedora 43 and 44. OpenAI stated that Linux has consistently been one of the most requested desktop platforms by users, and with this release, ChatGPT and Codex now cover all major desktop operating systems. (TechCrunch)

Guidance raised to $1.25 billion as Lumentum's 1.6T and OCS businesses accelerate

Odaily News: Paradis Labs stated on the X platform that the key takeaways from Lumentum's earnings call are as follows. 1. EML. Lumentum reported strong EML performance this quarter, driven primarily by 100G-per-channel products. Growth for 200G-per-channel products is "accelerating rapidly," now accounting for over 25% of total EML revenue. Lumentum still expects EML shipments in December 2026 to grow by more than 50% compared to December 2025, even as it shifts some production capacity to CW lasers during this period. Lumentum has added sales of CW laser chips for 200G-per-channel applications to "numerous customers," moving beyond internal use only. The company is expanding two indium phosphide wafer fabs in Japan and is validating production processes for 200G and 300G-per-channel CW lasers and EMLs on its latest equipment. Coherent will report earnings tomorrow, with its business also involving 200G-per-channel EMLs and 400-milliwatt CW lasers. The market is watching whether its 6-inch indium phosphide wafers can deliver a cost advantage, and whether Lumentum will need to respond by improving yields. 2. CPO and NPO. Lumentum stated that the leading CPO customer's production plans "remain on track," with customer demand signals stronger than at the time of the last update. The company now expects laser shipments to begin ramping in the second half of next year, earlier than the customer's large-scale deployment scheduled for 2028. Lumentum has received its first order for ELS modules, with delivery scheduled for the second half of 2027. Other customers are primarily prioritizing NPO as an interim solution. The company said NPO will "bring fully incremental business and significantly expand the total addressable optical market," with even its largest CPO customer evaluating NPO for certain new application scenarios. AAOI expects to ramp ELSFP capacity to approximately 400,000 units per month by 2028. Sivers Semiconductors' external indium phosphide light sources are gradually being adopted for CPO and NPO applications. Lumentum, as the largest commercial laser manufacturer, has already procured products related to the ELS architecture, indicating the architecture has gained validation through real orders. 3. Cloud transceivers and 1.6T. Lumentum's 800G business set a record and began volume shipments of 1.6T products as planned. The company said its visibility into future cloud transceiver demand is "clearer than ever before." The 1.6T business will continue to strengthen from the first fiscal quarter through 2027, driven primarily by hyperscalers' custom AI clusters accelerating the transition from 800G to 1.6T. Lumentum stated that in many cases, it achieved product launch earlier than its larger competitors, and it expects this market share advantage to persist throughout the cycle. Transceiver business profitability is improving, driven by better yields, higher capacity utilization, and an increasing mix of 1.6T products. Lumentum

Sui Co-Founder Leases Factory to Mass-Produce Quantum-Safe Hardware Wallet Cards, Targeting Key Cost Below $10 Per Card

Odaily News: Kostas Chalkias, co-founder and chief cryptographer of Mysten Labs, the development company behind the Sui blockchain, stated that he has leased a dedicated factory at a secret location and plans to scale up production of quantum-safe hardware wallet cards for Sui. The project aims to keep the cost of a single quantum card key under $10, with NFC quantum signing expected to take 1 to 2 seconds. Chalkias noted that the project is being advanced in his personal time outside of work and may include funding to provide cards for users who cannot afford them. The initiative is partly driven by a recent incident involving Coldcard hardware wallets, though the vulnerability was not a quantum attack. Coldcard manufacturer Coinkite disclosed that a firmware vulnerability in Coldcard, traceable to a 2021 update, bypassed the hardware random number chip and generated keys using a predictable software process linked to device serial numbers. Attackers have been moving funds since July 30, with losses climbing to approximately 2,055 BTC, affecting over 7,700 addresses and nearing a value of $130 million. At the protocol level, Sui plans to integrate two quantum-resistant signature schemes approved by the U.S. National Institute of Standards and Technology (NIST), designed for everyday accounts and high-value Move vaults, respectively. Existing accounts can be rotated to quantum-safe keys based on their original recovery phrases, without needing to migrate to new wallets. (Bitcoin.com News)

Different COLDCARD Mk3 devices may generate the same mnemonic phrase, with approximately 4.5 million possible starting states searchable within 3 seconds

Odaily News: Bitcoin News posted on X platform that a new technical analysis released by @KLoaec shows that some vulnerable COLDCARD Mk3 wallets may be generated from only approximately 4.5 million random number generator starting states, which can be searched in about 3 seconds on a single RTX 4090 GPU. Even accounting for additional uncertainty in each wallet's generation method, an attacker could complete the search in about 50 minutes on a single high-end GPU. More critically, this vulnerability could cause different devices to generate identical mnemonic phrases. Assuming 30,000 Mk3 devices, the analysis estimates that approximately 120 pairs of devices could generate the same random number stream. This collision estimate is theoretical but indicates that duplicate mnemonic generation across different devices may be possible.

Flowdesk Secures Dubai VARA Broker-Dealer License

Coinbase-backed crypto market maker Flowdesk has obtained a full broker-dealer license issued by Dubai VARA, enabling it to provide compliant services to local institutional investors.

Sold Out in Under an Hour: Pudgy Penguins Co-Founder Cole Villemain Launches Spritehood, Generating $1.28 Million in Mint Revenue

: Pudgy Penguins co-founder Cole Villemain was voted out and removed from his role by the project's holders in January 2022. Early Tuesday morning, the 44,444-piece NFT collection Spritehood, launched by Cole Villemain on the Robinhood Chain, sold out in under an hour. According to on-chain transaction data, the NFT mint generated approximately $1.28 million in revenue. During the public mint, 37,430 NFTs were sold at $17 each, while another 5,526 were sold at $117 each, the latter corresponding to the $100 upgrade option available on the mint page. Based on these figures, total sales revenue amounted to $1.2829 million, equivalent to approximately 684.28 ETH at the contract's mint-time pricing. Prior to the paid sale, the contract deployer also free-minted 1,488 NFTs through 20 zero-price transactions.

Coinbase Business Upgrades Payment System to Support AI Agent Payments

Odaily News: Coinbase has announced an upgrade to its enterprise-level payment product, Coinbase Business, introducing a series of new features, including support for automatic payments via AI Agents, integration of USDT payments, reusable payment links, flexible pricing, product catalog management, and buyer information collection. These enhancements aim to make it easier for businesses to accept cryptocurrency payments. The most significant change in this upgrade is the support for AI Agent payments. Coinbase Business is now compatible with the open machine-to-machine payment standard x402, allowing businesses using the existing Checkout payment flow to directly accept transactions initiated by AI Agents. Funds are settled instantly to business accounts in USDC, which can be used to earn yields or withdrawn at any time. Other new features include:1. Reusable payment links: Businesses can create a single payment link for repeated use, with options to set payment limits, pause, or disable the link;2. Flexible pricing mechanisms: Support for setting minimum prices, maximum prices, or open-ended payments, suitable for scenarios such as donations, tips, and usage-based billing;3. Product catalog functionality: Businesses only need to enter product information once, and it can be reused across multiple payment scenarios, including payment links, Checkout, and invoices;4. Buyer information collection: During the payment process, information such as name, email, and shipping address can be collected simultaneously, reducing manual order processing workflows.

Retail bearish sentiment hits a multi-year record, and under this gloomy backdrop, new opportunities may emerge in U.S. stocks

: Retail bearish sentiment has hit a new multi-year record, while institutional positioning lags even further behind. As U.S. equities face an unprecedented disconnect between fundamentals and capital flows, analysts predict a rare "Wall Street expectation gap" is now underway. Last week, the S&P 500 index posted a cumulative gain of 22% since late March and broke through the 7,700-point mark for the first time in history. As investors digested the latest batch of earnings reports, the benchmark index closed roughly flat on Monday.Strategists at 22V Research have observed a notable divergence between the AAII Bull-Bear Spread and the firm's proprietary economic data index, which tracks a range of U.S. macro data releases. According to the firm's model, the current valuation deviation implies that the S&P 500 will rise by 1.6%, 5.1%, and 7.8% over the next one, three, and six months, respectively.Dennis DeBusschere, President and Chief Market Strategist at 22V Research, wrote in a note to clients: "The current reading of investor sentiment relative to economic data suggests market returns will be above normal levels."Alastair Pinder, Global Equity Strategist at HSBC, also noted that the many macro concerns that have emerged over the past few weeks have indeed given investors ample reason to question the current stock market rally.

Oracle Launches Fusion Agentic Applications and AI Agents

Oracle has announced the launch of the new Oracle Fusion Agentic Applications and AI agents designed for the human resources sector, aiming to help enterprises accelerate employee development, optimize talent decisions, and respond more quickly to evolving business and skills demands.Oracle stated that the new generation of Fusion Agentic Applications is powered by the coordinated operation of multiple specialized AI agents, featuring goal-oriented, autonomous reasoning, and enterprise-level execution capabilities. By securely accessing unified enterprise data, workflows, policies, permission systems, and business context, these applications assist enterprises in making and executing decisions within HR processes.The newly launched AI capabilities are built on Oracle Cloud Infrastructure (OCI) and are deeply integrated into the Oracle Fusion Cloud HCM platform, covering areas such as job architecture, learning and development, manager coaching, employee growth, internal mobility, and workforce planning.

Erebor Bank Plans $1.5B Raise at $9.5B Valuation

Odaily News: Crypto-friendly bank Erebor Bank is in talks to raise $1.5 billion at a target valuation of $9.5 billion. The funds will be used to meet the 12% mandatory leverage ratio requirement and support loan business expansion, including a $200 million credit facility to Valar Atomics. Erebor Bank's total deposits grew from $1.1 billion in March to $4.6 billion in July, with customer growth primarily coming from the crypto, AI, and defense sectors. (CoinDesk)

Affected by a decline in the value of BTC holdings, Tether-backed 21 Capital posts $410 million loss in Q2

Odaily News Tether-backed bitcoin treasury company Twenty One Capital (NYSE: XXI) has released its financial results for the second quarter of 2026, reporting a net loss of $413.5 million, primarily driven by a decline in the value of its bitcoin holdings.According to the financial report, approximately $401.5 million of Twenty One Capital's second-quarter loss was attributable to a decrease in the book value of its bitcoin assets. As the company uses bitcoin as its core asset allocation, fluctuations in BTC prices directly impact its financial performance.New CEO Raphael Zagury stated that Twenty One Capital can no longer exist solely as a "Bitcoin treasury" company, but needs to transform into a broader financial services platform. Zagury outlined that the company's next phase of plans will focus on three key directions, including: expanding its business footprint through mergers and acquisitions; enhancing financing capabilities through capital market instruments; and exploring bitcoin-collateralized lending businesses. (The Block)

ENS DAO Passes Proposal to Officially Establish Foundation, Strengthening Decentralized Domain Ecosystem Governance

Odaily News ENS DAO has voted to pass the "Next Era of ENS DAO" proposal and completed on-chain execution, officially establishing the ENS Foundation to usher the ENS ecosystem into a new phase of governance.According to the proposal, the ENS Foundation will become a fully operational organization, equipped with a full-time executive director, a professional team, and a board of directors consisting of 5 members. It will be responsible for ENS's institutional work in legal, policy, standards-setting, and brand protection. ENS stated that over the past nearly decade, it has developed into critical infrastructure within the Ethereum ecosystem, with millions of registered domain names and integration across numerous wallets, applications, and Layer 2 networks. However, the DAO itself lacks a legal entity status, which prevents it from effectively participating in internet naming system governance, signing institutional cooperation agreements, hiring full-time employees, safeguarding trademark rights, or engaging in regulatory discussions. The establishment of the ENS Foundation aims to fill this gap. Going forward, the Foundation will be responsible for:1. Representing ENS in internet standards organizations such as ICANN, IETF, and W3C, to promote the recognition and management of the ".ens" top-level domain (TLD);2. Participating in policy discussions as a legal entity, communicating with regulators and government agencies;3. Holding and protecting ENS trademarks and intellectual property, and combating phishing and impersonation activities;4. Hiring full-time employees to manage ecosystem operations, grant programs, and treasury management;5. Serving as the formal cooperation entity between traditional institutions such as registrars and standards organizations and the ENS ecosystem.

SEC Chairman Proposes Restructuring Securities Regulatory Surveillance System CAT: Exploring SEC Takeover and Funding Mechanism Reform

Odaily News: U.S. Securities and Exchange Commission (SEC) Chairman Paul S. Atkins has sent a letter to Robert Walley, Chairman of the Operating Committee of the Consolidated Audit Trail (CAT), stating that the SEC plans to undertake a comprehensive overhaul of the CAT system, including adjustments to its governance structure, funding sources, and operational model.Atkins stated that during his tenure, the SEC has significantly reduced CAT's annual operating costs by issuing exemptions and approving amendments to the CAT NMS Plan, and has eliminated the requirement to report personally identifiable information (PII) to the CAT system. These reforms have lowered system costs and reduced the scope of data collection, but CAT still faces fundamental issues regarding costs, governance, and funding mechanisms.To address these issues, the SEC issued a concept release on April 16, 2026, initiating a comprehensive review of CAT and other audit trail systems and data sources used in U.S. securities market regulation. The SEC stated that it has received hundreds of comments, with one core consensus emerging: investors and market participants want the SEC to assume greater responsibility for CAT's management and funding arrangements. Atkins noted that he has directed SEC staff to develop deep-seated reform proposals for CAT, including:1. Exploring new funding sources for CAT, including the use of congressional appropriations and Section 31 transaction fees under the Securities Exchange Act;2. Drafting rule proposals that, if approved, would rescind Rule 613 and require exchanges, FINRA, and broker-dealers to continue utilizing existing CAT infrastructure and reporting standards to submit CAT data directly to the SEC or its designated agency;3. Assessing the SEC's internal resource requirements to prepare for the SEC to assume CAT governance responsibilities in the future.The SEC anticipates that this reform involves multiple components that need to be advanced concurrently, with the overall transition potentially extending through the end of 2027.

AI infrastructure startup Trajectory completes $40 million financing, Sequoia Capital participates

According to The Information, AI infrastructure startup Trajectory announced it has completed a $40 million funding round at a post-money valuation of $300 million, with participation from Sequoia Capital. The company primarily provides open-source model customization services for enterprises and optimizes the software toolchain supporting AI agent operations.

AI infrastructure startup Trajectory completes $40 million funding round, with Sequoia Capital participating

: AI infrastructure startup Trajectory announced the completion of a $40 million funding round, with a post-investment valuation of $300 million, featuring participation from Sequoia Capital. The specific funding round and other investors have not yet been disclosed. Trajectory was founded by researchers from former tech companies such as Google and Apple, and primarily helps enterprises customize open-source AI models for specific business needs, while optimizing the software toolchain that supports AI Agent operations (i.e., the "Agent Harness").As the cost of using closed-source large language models continues to rise, more enterprises are seeking alternatives: on one hand, they reduce costs by fine-tuning and customizing open-source models; on the other hand, they improve Agent execution frameworks to enable AI models to call tools and execute tasks more effectively. This trend is driving a new wave of entrepreneurship centered around model adaptation and Agent infrastructure.Trajectory aims to address key challenges enterprises face when deploying AI Agents, including model performance optimization, task execution reliability, and adaptation to enterprise scenarios. The company hopes to help enterprises build more efficient and cost-effective AI applications by providing model customization and Agent operation infrastructure.Investors believe that as AI evolves from simple chatbots to Agents capable of autonomously executing complex tasks, a new infrastructure layer centered around model optimization and Agent engineering will become a significant market. Sequoia has also been continuously increasing its investment in the AI infrastructure field in recent years, including investments in AI Agents and enterprise AI applications. (The Information)

Polymarket restructures team and brings in multiple executives, accelerating compliance and U.S. expansion ahead of the fall prediction market surge

Odaily News: Prediction market platform Polymarket is undergoing an organizational upgrade in preparation for the upcoming fall trading peak, bringing in several new executives, restructuring its marketing system, and strengthening its compliance team in preparation for U.S. market expansion. Polymarket recently hired Travis VanderZanden, founder of shared e-scooter company Bird and former Uber and Lyft executive, as Chief Growth Officer, responsible for the company's growth strategy and marketing system development. VanderZanden stated that the prediction market is at a critical stage of rapid development, and the company needs to further improve its management team to support long-term growth.This adjustment comes as Polymarket faces regulatory scrutiny. Previously, the U.S. Commodity Futures Trading Commission (CFTC) had launched an investigation into its business model, related to the platform's marketing activities and promotional partnership policies. Sources say Polymarket has restructured its marketing department, updated rules for promotional partners, and provided relevant training to employees, while also hiring consulting firm AlixPartners to oversee whether content published by partners complies with the new standards.Meanwhile, Polymarket continues to strengthen its compliance and risk management capabilities for its U.S. operations. The company's U.S. trading platform has added several new executives in regulatory and risk roles, including former Robinhood executive Megan McGrath as Chief Compliance Officer for the U.S. platform, former Coinbase executive Natalie Oblazny overseeing U.S. regulatory affairs, former FBI and Coinbase employee Shana Bautista as Head of Global Investigations and Intelligence, and former Nasdaq executive Paul Jordan as Chief Risk Officer for the U.S. platform.Polymarket's U.S. trading platform went live in May this year and operates independently from its international business. With the NFL new season kicking off in September and the U.S. midterm elections approaching in November, the market expects a new wave of growth in prediction market trading activity.Previously, Polymarket had already become one of the representative platforms in the prediction market space and continues to seek expanded fundraising. According to reports, the company is currently seeking a new funding round at a valuation exceeding $20 billion. As institutional investors and professional traders gradually enter the prediction market, Polymarket is attempting to transform from a retail-facing, betting-style prediction platform into a more mature financial market infrastructure. (CNBC)

Binance Will List DOSUSDT Perpetual Contract

According to the official announcement, Binance Futures will launch the DOSUSDT Perpetual Contract on August 11, 2026, at 15:00 (UTC), supporting up to 20x leverage, with USDT as the settlement asset.

Binance will list the DOSUSDT perpetual contract on August 11, with up to 20x leverage

Odaily News: According to the official announcement, Binance Futures will list the DOSUSDT perpetual contract at 15:00 (UTC) on August 11, 2026, supporting up to 20x leverage and using USDT as the settlement asset. Within 24 hours after the contract goes live, the futures copy trading feature will be opened.