News linked to this event type.
xAI has released a new version of the text-to-image model Grok Imagine Image 2.0. The model improves prompt accuracy, typography, and layout results, and adds professional-grade editing tools such as magic wand and segmentation editing, background removal, and smart resizing. The model now supports up to 5 input images, enhances consistency across generations, and introduces templates for product images, avatars, icons, game assets, and more. It is currently available on the Grok web version, iOS, and Android apps in Quality Mode.
Odaily News, Bybit announced today that it has officially filed a civil lawsuit in the U.S. District Court for the District of Columbia against North Korea (DPRK), its Reconnaissance General Bureau (RGB), and the Lazarus Group, holding the organization legally accountable for the大规模 cyberattack launched against Bybit in February 2025.It is reported that Bybit has successfully obtained a preliminary injunction from the court, freezing identified stolen digital assets held or transferred by unidentified individuals and entities (i.e., "John Doe" defendants). In approving the preliminary temporary restraining order, the court described the incident as "one of the largest cryptocurrency thefts in history" and determined that Bybit has a "likelihood of success on the merits" of the case. This civil lawsuit is independent of criminal investigations by U.S. law enforcement and aims to provide an additional legal avenue for asset recovery.In terms of asset recovery and global collaboration, Bybit has achieved notable results in partnership with blockchain analytics firms, multiple exchanges, custodial institutions, and international law enforcement agencies. To date:Approximately $48.4 million in stolen assets have been successfully recovered;Approximately $30.5 million in involved assets have been successfully frozen (distributed across more than 28 exchanges and custodial institutions).These efforts have also supported broader law enforcement actions targeting key infrastructure allegedly used to launder stolen funds: German authorities have dismantled cryptocurrency exchange eXch; German and Swiss authorities subsequently jointly shut down mixing platform Cryptomixer.io, cutting off critical channels for transferring illicit proceeds. These actions collectively demonstrate the effectiveness of collaboration between the private sector and law enforcement agencies in combating transnational cybercrime.Ben Zhou, co-founder and CEO of Bybit, stated: "Our core goal has never changed: prioritizing user protection, making every effort to recover assets, and ensuring those behind this are held accountable under the law. The Lazarus attack was not only directed at Bybit, but also a challenge to the trust foundation of the entire crypto industry. We will continue to deepen cooperation with law enforcement agencies, regulatory authorities, and courts to make the crypto world a place where criminals find it difficult to hide."Bybit emphasized that it will continue to invest in advanced blockchain tracking technology, utilize all available legal means to combat state-sponsored hacker groups, and drive the establishment of a more resilient digital asset ecosystem. The civil lawsuit is currently ongoing.
NVIDIA plans to invest up to $3 billion in power infrastructure developer Lancium, with an initial investment of $2 billion to acquire approximately 20% equity, and an additional $1 billion may be added subsequently if milestones such as grid connection are met. Lancium is backed by Blackstone Group, and its "Clean Campus" located in Abilene, Texas is the site of the first phase of NVIDIA's "Stargate" AI supercomputing data center project. The company is currently valued at approximately $10 billion and is evaluating an IPO in 2027.
Odaily News On August 6, at the "All Core Devs consensus call" held by the Ethereum community (a biweekly meeting to discuss consensus layer changes), Jerome introduced EIP-8363, a proposal aimed at introducing a decreasing burn mechanism for Ethereum. Once the staking ratio exceeds 50%, the staking incentive for validators would drop to zero.However, other participants expressed concerns about the potential negative impact on small validator nodes and the risk of centralization, and also questioned the actual returns for stakers and the complexity of implementation. As a result, the proposal was ultimately recommended for removal from consideration for inclusion in the Hegota upgrade. Jerome and the other authors of the proposal were also advised to respond to all comments on the EIP thread on the Eth Magicians forum.It is reported that EIP-8363 was submitted as a draft on August 4, in an attempt to meet the non-core EIP submission window for the Hegota upgrade (deadline August 6), but it triggered extensive controversy within the community regarding timing, impact on staking/DeFi, and centralization risks. Executives from Ethereum ecosystem companies, including SharpLink CEO Joseph Chalom, Aave founder Stani Kulechov, and Ether.fi founder Mike Silagadze, all publicly opposed the proposal.
Odaily News: predict.fun announced on X that it has launched a new market allowing users to predict the FDV that marscoin-4 will reach before October 2026.
Odaily News: Justin Mateen, a director at Trump family-backed bitcoin mining company American Bitcoin (ABTC) and co-founder of Tinder, purchased company shares on two consecutive days following the release of its quarterly earnings report, with a total investment of approximately $1.93 million. Regulatory filings show that Mateen bought approximately 145,000 shares of ABTC Class A common stock on August 5, with a transaction value of about $925,000 and an average purchase price of approximately $6.40 per share. On August 6, he purchased another approximately 162,000 shares for about $1 million, at an average price of approximately $6.19 per share. Together, the two transactions totaled 306,981 shares, increasing his ABTC holdings to 492,297 shares. American Bitcoin, supported by members of U.S. President Trump's family, including Eric Trump and Donald Trump Jr., is a Nasdaq-listed bitcoin mining and BTC reserve company. The company adopts a strategy of "large-scale mining plus corporate treasury bitcoin holdings" to provide investors with bitcoin exposure. Financial reports show that American Bitcoin recorded a net loss of approximately $57 million in the second quarter, while its mining scale and bitcoin reserves continued to grow over the same period. The company produced approximately 932 BTC in the quarter, reaching an all-time high, with treasury bitcoin holdings increasing to over 8,000 BTC.
Odaily News, August 7 — The Senate announced that the vote on the Clarity Act has been postponed to September. Senator Lummis, a supporter of the Clarity Act, posted on X, saying, "I have put so much long and hard work into this bill, so you can imagine how frustrated I am right now. Someday I will have more to say, but for now, allow me to say this: we have come this far, and now is absolutely not the time to give up.""I will not give up, because I deeply believe in my heart that this industry deserves to thrive under clear rules on American soil; consumers deserve to be protected from fraud and have the confidence to participate in our digital economy; and law enforcement should also have the necessary tools to hold bad actors accountable.""The Clarity Act is the only way for us to achieve these goals. The status quo is flawed in every way, and I will not rest until we fix this broken system. I will continue to work hand in hand with my colleagues to reach this goal—this fight is far from over."
Odaily News: SK Hynix's stock price has recently seen a pullback. On August 3, the stock fell 8.79%. Although it rebounded slightly by 0.64% and 5.77% on August 4 and 5 respectively, it plunged another 10.37% on August 6, closing at 1.495 million KRW; on August 7, it dropped a further 4.88%, closing at 1.422 million KRW.Against the backdrop of heightened market volatility, SK Group released an advertisement quoting founder Choi Jong-gun’s famous saying: "Despair and hope are two sides of the same coin; you can turn despair into hope as easily as flipping your palm," and adapted it to: "Unease and anticipation in the AI era are also two sides of the same coin; you can turn unease into anticipation," thereby conveying confidence in the long-term development of the AI industry.Securities institutions believe that short-term stock price fluctuations have not changed SK Hynix's fundamentals, and the market should focus on its HBM4 technology leadership and the earnings stability brought by long-term supply agreements (LTAs). Specifically:1. Hyundai Motor Securities expects SK Hynix's DRAM and NAND bit growth to reach 9.7% and 1.5% respectively in the third quarter. As HBM4 sales contributions expand, even with a higher proportion of LTAs, DRAM average selling prices (ASP) are still expected to rise 19.9% quarter-over-quarter. Companies such as OpenAI and Anthropic are advancing plans to build their own hyperscale AI data centers and intend to raise funds for related construction through IPOs. Even if some large tech companies adjust capital expenditures (Capex) in the future, this could be offset by demand from other AI infrastructure. Additionally, regarding competitive concerns over China's CXMT, given the U.S. continued tightening of semiconductor equipment export restrictions, as well as Micron's expansion of domestic U.S. investment, the likelihood of major companies like Apple adopting Chinese memory chips is relatively low.2. SK Securities is also bullish on SK Hynix's competitive advantages, believing that with its leading position in HBM, partnerships with major North American GPU companies, and AI-driven LTA demand, SK Hynix's market position remains solid. Currently, the HBM supply-demand fulfillment rate is below 70%, and the core value of LTAs lies in ensuring profit sustainability and earnings stability through a "mutual binding structure" between customers and suppliers. With value-reassessment initiatives such as an ADR listing progressing, along with dividend income from the sale of SPC assets related to Kioxia, the company's goal of achieving net cash of 100 trillion KRW may be reached earlier than expected. As shareholder return policies gradually become clearer, this will help the market re-evaluate the value of the LTA model and drive a further re-rating of SK Hynix. (Daum)
According to Korean media NATE, driven by the AI investment boom, SK Hynix's stock price has recently experienced severe volatility. Against the backdrop of intensifying market volatility, SK Group released an advertisement quoting the famous words of founder Choi Jong-geon (최종건): "Despair and hope are two sides of the same coin; despair can be turned into hope like flipping a hand," and rewrote it as "Anxiety and expectation in the AI era are also two sides of the same coin; anxiety can be turned into expectation," thereby conveying confidence in the long-term development of the AI industry. Securities firms believe that short-term stock price volatility has not changed SK Hynix's fundamentals, and the market should focus on its HBM4 technology leadership advantage and the performance stability brought by Long-Term Agreements (LTA). Hyundai Motor Securities analyst Noh Geun-chang (노근창) stated that SK Hynix's DRAM and NAND bit growth rates for the third quarter are expected to reach 9.7% and 1.5% respectively; with the expansion of HBM4 sales contribution, even if the proportion of Long-Term Agreements increases, DRAM Average Selling Price (ASP) is still expected to rise 19.9% quarter-over-quarter. Regarding competition concerns brought by China's ChangXin Memory Technologies (CXMT), Noh Geun-chang believes that considering the US continues to strengthen semiconductor equipment export restrictions and Micron is expanding domestic investment in the US, the possibility of major companies like Apple adopting Chinese memory chips is relatively low.
Odaily News: Nvidia (NVDA) shares have surged more than 10% this week, while the Philadelphia Semiconductor Index (SOX) rose over 8% during the same period. The sector had previously been sold off on concerns over the scale of AI infrastructure investment and high valuations of chip companies, but market sentiment has since recovered.Nvidia's gains were partly boosted by positive developments at SpaceX. During SpaceX's first earnings call, Musk stated that the company will build data centers both on the ground and in space in the future, and will exclusively use Nvidia chips.Meanwhile, the market remains focused on HBM memory supply pressure. According to The Information, Nvidia is testing a version of its Rubin Ultra chip with reduced HBM configuration to address the global shortage of high-bandwidth memory. (Yahoo Finance)
Odaily News - Trump family-backed crypto firm AI Financial (formerly ALT5 Sigma) has sold its Canadian subsidiary ALT5 Sigma Canada to New York financial firm Prime Delta.According to an SEC filing submitted by AI Financial on Friday, the company will receive a secured promissory note worth $12 million and approximately 11.6 million shares of Prime Delta stock following the sale of ALT5 Sigma Canada. The filing did not disclose the specific reasons behind the transaction. (Reuters)
Odaily News Galaxy Digital and Sharplink have announced the joint launch of the Galaxy Sharplink Onchain Yield Fund. The fund is managed by Galaxy and has secured $125 million in committed capital at launch. Among this, Sharplink provides $100 million in staked ETH treasury backing, while Galaxy contributes $25 million.Galaxy CEO Mike Novogratz stated, "We are entering a new phase of institutional adoption, with capital shifting from passive holding to active participation in blockchain-based markets." Sharplink CEO Joseph Chalom added that the fund represents part of the strategic upgrade of its ETH treasury management.
Claude launched an update for hosted agents this week; users can now set budgets for sessions to keep spending predictable. When a session reaches the budget limit, it will automatically pause and trigger the budget_reached event, and users can increase the budget amount to resume the session. This feature is designed to help developers better manage the operating costs of AI assistants.
蚂蚁集团发布开源推理模型 Ling 3.0 Flash，采用 124B 总参数、5B 激活参数的混合推理架构。该模型在 Artificial Analysis 智能指数上得分 38，较上代 Ling 2.6 Flash 提升 24 分，以更少激活参数追平 MiMo-V2.5 和 Qwen 3.6 27B。模型配置 262K 上下文窗口，API 定价每百万输入 token $0.075、输出 $0.22，采用 MIT 许可证开放。
Odaily News, SharpLink CEO Joseph Chalom has formally opposed Ethereum Improvement Proposal EIP-8363, stating that if passed, the proposal could weaken the DeFi ecosystem, limit institutional interest in Ethereum, and erase a key advantage ETH holds over Bitcoin.EIP-8363, also known as "Tapered Issuance Burn," works by gradually increasing the proportion of consensus layer validator rewards that are burned as ETH staking ratios rise. When approximately 50% of ETH's supply is staked, the reward burn ratio would reach 100%, meaning issuance returns would drop to zero. If passed, the mechanism would be phased in gradually over roughly 18 months.The proposal, introduced earlier this week, has sparked significant controversy. Supporters argue it could limit the scale of ETH staking through market-based means while reducing the dilution problem faced by non-stakers. Proposal authors include Ethereum Foundation researcher Justin Drake, EthCC founder Jérôme de Tychey, and others.However, critics argue the mechanism could disproportionately harm solo stakers and weaken Ethereum's security. Chalom stated that the proposal's authors are all serious researchers and long-term Ethereum supporters, but "well-intentioned people can also be wrong."
Odaily News: Trump Media & Technology Group, the media company owned by U.S. President Donald Trump, has terminated the CRO treasury company initiative backed by Crypto.com and abandoned its broader digital asset partnership with Crypto.com. Trump Media, Crypto.com, and Yorkville Acquisition Corp. have agreed to terminate the related service agreements and digital asset product plans. The three companies stated that the decision was driven by the current market environment, as well as shifts in business and stakeholder priorities. The existing Truth Social Funds ETF will remain unchanged, and Trump Media will also abandon the direct integration of prediction markets into Truth Social, instead promoting Crypto.com's prediction market products to users through marketing partnerships. Trump Media interim CEO Kevin McGurn stated that the digital asset treasury company market has become increasingly competitive over the past year, and the prediction market business has likewise grown crowded. As a result, the company will scale back its related initiatives and pivot toward a distribution and data partner role.
Circle launches native USDC stablecoin and cross-chain transfer protocol CCTP on OKX's Ethereum Layer 2 network X Layer, supporting cross-chain transfers and DeFi applications.
Odaily News: Cryptocurrency exchange Bybit has filed a civil lawsuit against the Democratic People's Republic of Korea, its intelligence agency Reconnaissance General Bureau (RGB), and the state-sanctioned hacker group Lazarus Group over a $1.5 billion hacking incident. A U.S. federal court has issued a preliminary injunction prohibiting the transfer or dissipation of identified assets related to the case during the litigation.
Odaily News: Brian Armstrong posted on the X platform that Coinbase Dev now allows the creation of multi-type wallets through a single API call, including self-custodial, developer-custodial, and user-custodial options. This feature supports multiple blockchains and various asset classes, including stablecoins, crypto assets, and tokenized real-world assets.
Odaily News: "AI stock guru" Leopold Aschenbrenner has shared wedding photos on X after a nearly one-year silence.Previously reported, Leopold Aschenbrenner's Situational Awareness fund gained 439% cumulatively before June 2026, but suffered heavy losses during the July AI sector sell-off. Prior to his wedding, he sold most of the fund's equity portfolio to Citadel, the investment firm owned by Ken Griffin.