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Brale Launches ION Protocol, Enabling Cross-Chain Stablecoin Transfers via Burn and Mint

Stablecoin infrastructure company Brale has launched the ION Protocol, an interoperability system that allows participating stablecoins to be transferred across blockchains by burning tokens on one chain and minting tokens on another. The ION Protocol has gone live on its testnet. The current stablecoin market features over 350 tokens with a total market capitalization exceeding $300 billion. Amidst this market growth, liquidity is becoming fragmented. According to Brale, unlike traditional blockchain bridges that rely on pre-funded liquidity pools, ION aims to reduce capital requirements and address the liquidity bottlenecks encountered when scaling custom stablecoins.

Tether-compliant stablecoin USAT launches on Celo, marking its second mainnet deployment after Ethereum

the token is issued by Anchorage Digital Bank, can be natively minted and redeemed on Celo, and can be directly used to pay on-chain gas fees via Celo's fee abstraction mechanism. USAT went live in January this year and currently has a market cap of approximately $185 million.

China drafts new regulations on cyber violence governance, including AI-generated content in the regulatory scope

According to TNW, the Cyberspace Administration of China released a draft of rules on cyberbullying governance on July 29 and opened it for public comment. The draft requires platforms to establish cyber violence content detection classifiers, provide users with a "one-click protection" function, and implement blacklist management and regular reporting mechanisms for violating accounts. It is worth noting that the draft explicitly includes AI-generated deepfake images and synthesized harassment text within the scope of regulation. Q&A platform Zhihu has responded in advance by restricting the use of anonymous accounts.

US 2025 Crypto Scam Losses Estimated at Up to $80.7 Billion

According to Decrypt, a report released by the Consumer Federation of America (CFA) shows that estimated losses from cryptocurrency fraud in the US in 2025 reached as high as $80.7 billion, approximately 7 times the amount actually reported to the FBI ($11.37 billion). Based on 2017 Bureau of Justice Statistics survey data, the CFA extrapolated unreported losses using a 7.1x multiplier. Investment fraud was the largest single category, with estimated losses reaching $61.4 billion, a year-on-year increase of 32%; losses were particularly severe for the group aged 60 and above, with losses from crypto fraud alone reaching $4.4 billion. Currently, US law enforcement agencies have taken multiple actions, including the FBI's "Operation Level Up" which has prevented approximately $500 million in losses, and the Department of Justice has also seized over $25 million in crypto assets involved in fraud.

Ethereum Institutional Completes Seed Funding Raise, Led by BitMine, SharpLink, and Ethereum Co-Founders

以太坊机构(Ethereum Institutional)宣布完成初始生态系统融资轮,获得逾 100 位生态参与者支持,锚定投资方包括 BitMNR、Sharplink 及以太坊联合创始人 Joseph Lubin、Mihai Alisie,参与者涵盖加密原生机构及个人投资者。 后续,该组织将加速与银行、资产管理公司、托管机构、金融科技及主权机构的直接接触,并联合 L2、应用团队、基础设施及托管服务商等推进以太坊机构化进程。目前该组织已开放招聘。

AI Content Detection Startup Pangram Completes $9 Million Financing

According to TechCrunch, New York AI detection startup Pangram announced the completion of a $9 million funding round, led by Menlo Ventures, with participation from Haystack, ScOp, Script Capital, and Cadenza. Pangram simultaneously released the new generation AI text detection model Pangram 4 and AI image detection model Pangram Image, with text detection accuracy exceeding 99%, capable of identifying AI-assisted writing, mixed human-AI content, and text generated by AI humanization programs; the image detection model is currently in the research preview stage, based on pixel-level distribution analysis, capable of identifying cross-model AI-generated images, and can detect AI images appearing within real photos.

The Malaysian government announced the withdrawal of official support for "Malaysia Blockchain Week 2026".

According to Bloomberg, Malaysia's Ministry of Digital and the Malaysia Digital Economy Corporation (MDEC) announced the withdrawal of official support for "Malaysia Blockchain Week 2026". This was due to the appearance of a former OnlyFans creator in the promotional materials for the event's party, triggering strong public backlash in this Muslim-majority country. The conference was originally scheduled to be held in Kuala Lumpur starting this Wednesday for two days.

Microsoft Develops Three Types of AI Agents to Support Cyber Defense

According to Nikkei XTECH, Microsoft has developed a new system to address cyberattacks involving autonomous AI, using three types of AI agents to support the process from vulnerability identification to remediation. Microsoft will also launch its first self-developed AI model for cyber defense.

Bitget to Launch Grvt (GRVT) Spot Trading

Bitget will list Grvt (GRVT) spot trading in the DeFi zone. The deposit channel is now open, and the trading channel will open at 22:00 (UTC+8) on July 30.

BNY Mellon Migrates $8.6 Trillion Fund Services Transfer Agent Records to Blockchain

: BNY Mellon is migrating its core transfer agent records onto the blockchain to create a single, on-chain ownership ledger and reduce reliance on intermediaries. The initiative will initially support clients including Baillie Gifford, BlackRock, and BNY's own Dreyfus, covering the first fully native, UK-regulated tokenized fund and other planned tokenized products. BNY and other major banks are building blockchain-based infrastructure and tokenized deposit networks. The bank anticipates that legacy systems will continue to coexist for several more years amid persistent cybersecurity and smart contract risks.

Nexo Completes EU MiCAR Compliance Overhaul, Partners with Two German Licensed Institutions to Serve the European Market

According to Bitcoin.com, digital asset wealth platform Nexo announced the completion of an upgrade to its European Economic Area (EEA) operational structure to comply with the EU's Markets in Crypto-Assets Regulation (MiCAR). Nexo chose to partner with two entities regulated by the German Federal Financial Supervisory Authority (BaFin) rather than directly applying for a single MiCAR license: Tangany holds a MiCAR license and is responsible for providing segregated digital asset custody infrastructure; DLT Finance holds both MiCAR and MiFID II authorizations and is responsible for providing brokerage and execution infrastructure. Currently, all of Nexo's services in the EEA are operating seamlessly without any interruption.

JP Morgan: Liquidation of Korean Stock Leveraged ETFs Completed, Hedge Funds 90% De-Risked

JP Morgan has published a report indicating that the liquidation process for Korean stock leveraged ETFs has been completed, and hedge funds have achieved 90% de-leveraging. Although there may be aftershocks in the coming days, the overall situation has become investment-attractive.

SecondFi Updates Asset Recovery Progress, White Hat Team Has Deposited Rescued Assets into Recovery Fund

According to the official SecondFi X account release, asset recovery efforts have made phased progress. The white hat team involved in the rescue has successfully deposited the rescued assets into the recovery fund originally established by EMURGO (address: addr1qyvvn9e9ulvzw2nvgkwraxwrla4a28l7gmduk7jru2rw9kdxkls8aczwgg8u44nj87uaq50rgcjulcxtzv9q8j0g2lss9kv2ss), available for public tracking. SecondFi stated that assets protected through emergency rescue measures are currently secure, and progress will continue to be disclosed subsequently. Meanwhile, SecondFi reminds users again: the official team will never proactively request private keys, seed phrases, or wallet credentials, nor will it require users to transfer funds to any wallet address. Please beware of scams impersonating the official team.

Bybit 上线定投挑战赛,特设 BTC, ETH和 XAUT 奖池

据悉,Bybit 已上线最新一期定投机器人挑战赛,用户定投 BTC, ETH和 XAUT 即可有机会瓜分奖池。 活动由即日起至 2026 年 8 月 17 日 23:59(UTC 时间)结束,赛事包括两部分: 第 1 部分:此前未在 Bybit 创建过定投机器人定投新用户,可享高达 20% 返现。活动期间,新用户创建新的 BTC、ETH 或 XAUT 定投机器人,即可根据其 BTC、ETH 和 XAUT 累计定投量获得 20% 的返现(最高 50 USDT)。该奖赏仅限 BTC、ETH 和 XAUT 累计定投量排名前 100 的用户领取,且参与用户累计定投量须超过$100。 第 2 部分:所有符合资格的已报名用户创建 BTC、ETH 或 XAUT 定投机器人,即可瓜分 50,000 USDT 奖池。奖励将根据每位创建定投机器人的用户在累计 BTC、ETH 或 XAUT 日均持仓量中所占的份额,从 50,000 USDT 的奖池中进行分配。参与用户须通过定投持有价值至少 $200 的 BTC、ETH 或 XAUT 才能获得奖励资格。

Bitget CFD Trading Page Now Supports TradingView Chart Functionality

According to an official announcement, to meet users' demands for professional market analysis, the Bitget CFD trading page has now integrated TradingView chart functionality. After entering the CFD trading page, the K-line area will default to switching to TradingView mode, allowing users to use related functions without navigating away.This upgrade supports multi-window split-screen display, enabling users to view the trends of multiple CFD instruments simultaneously. In terms of chart presentation, the platform has integrated various classic technical indicators such as MACD, EMA crossovers, and Ichimoku Kinko Hyo, and supports advanced chart types including line charts, Renko charts, and Kagi charts. Additionally, users can customize the display of commodity codes, status bar information, and page background settings based on their personal trading habits. For more details, please refer to the official Bitget platform.

Bybit today launched SSPC, TMF, and TBT perpetual contracts for US stocks

Odaily Odaily: Bybit today added three new US stock perpetual contracts: 2X Short SPCX Daily ETF (SSPCUSDT), 20+ Year Treasury 3X Bull (TMFUSDT), and UltraShort 20+ Year Treasury (TBTUSDT), with leverage up to 25x. A limited-time fee discount is also available during the launch period: a 0% maker fee rate and a 50% discount on the taker fee rate.

Obsbot Launches Meet Flip Foldable 4K AI Webcam

According to Forbes, Obsbot has launched its first foldable webcam, Meet Flip, featuring a 0.5-inch Sony Exmor RS stacked CMOS sensor and the company's AI algorithms.

Grayscale: HYPE remains undervalued compared to fintech stocks, with a current valuation of approximately 15-18 times P/E ratio.

According to BeInCrypto, Grayscale Head of Research Zach Pandl released a report using the "earnings per token" method to value Hyperliquid (HYPE). The report assumes Hyperliquid's 2027 earnings will be approximately $1 billion (an increase of about 20% compared to 2025), and expects the circulating supply at that time to reach 270 million to 310 million tokens, corresponding to earnings per token of approximately $3.25 to $3.75. Calculated at the current price of approximately $54, the forward P/E ratio is approximately 15 to 18 times, suggesting it still holds a valuation advantage compared to fintech stocks.

B.AI Auto Mode Beta Version Officially Launched, Ushering in a New Era of AI Intelligent Matching

The B.AI platform announces that the Auto mode Beta version is now officially live. This mode requires no manual model selection by users; they only need to state their requirements. The system will automatically match the appropriate AI model based on the task type and generate responses, significantly reducing model selection costs. Core highlights include intelligent task matching, support for Web Search and tool capabilities, no extra model selection fees, and transparent, verifiable usage. Users can now visit the B.AI official website to experience it directly, unlocking a new way of AI interaction with intelligent matching.

Binance Lists Gold and Silver Commodity Options, Supporting USDT Trading Settlement

Binance has launched commodity options, which are USDT-settled European-style cash-settled contracts. Traders can trade Gold (XAUUSDT) and Silver (XAGUSDT) options, with 1-day and 1-week expiration structures available for each underlying. Retail users can only go long. The relevant options were listed on July 29 at 18:00. The relevant products are traded on Nest Exchange Limited, regulated by the Abu Dhabi FSRA, and cleared by Nest Clearing and Custody Limited.