News linked to both this project and an event.
According to TechFlow Research, a Nomura Securities report on August 12 noted that Lumentum's revenue for the June quarter increased 109% year-over-year to $1.01 billion, with component revenue growing 103% to $649 million. Narrow linewidth laser shipments grew by over 130%, pump lasers increased 80% and are expected to grow another fourfold in the coming quarters; the company holds a 70% to 80% market share in the pump laser sector. 200G EML accounts for over 25% and is expected to exceed 50% by mid-2027. OCS shipments doubled, with management guiding for triple-digit year-over-year growth in 1QFY27, progressing towards a $400 million OCS revenue target in 2H26. The supply-demand imbalance for EML and CW lasers will not ease at least from FY26 to FY27. The report judges that the technology upgrade path is clear; NPO is expected to be commercialized between late 2027 and 2028, significantly expanding the optical TAM. The global shortage of optical chips creates structural opportunities for Chinese manufacturers: Yuanjie Semiconductor is expected to gain global market share in optical chips, with Nomura giving a Neutral rating and a target price of 1,375 yuan (based on 21x 2027 expected EPS); Zhongji Innolight and Tfc Communication both receive Buy ratings, benefiting from the 800G to 1.6T upgrade, increased silicon photonics penetration, and NPO incremental opportunities.
OdailyNews – According to official sources, Gate has launched its AI Potential Stocks feature, which scans market volume and price anomalies, major events, industry news, and related news leads through AI before each trading day's market open, helping users quickly understand the main themes the market may focus on that day, the underlying reasons, and the direction of subsequent transmission. The AI Potential Stocks feature pioneers the integration of AI investment research capabilities and industry chain analysis into crypto industry market research scenarios, upgrading the AI-driven pre-market investment research experience. This feature will focus on markets such as US stocks, Hong Kong stocks, and Korean stocks, screening 2–3 stock leads that show capital validation, news support, and may not yet have received sufficient attention. The content will be structured around three dimensions: "what to focus on, why to focus on it, and how the impact extends," helping users more efficiently complete pre-market information filtering.AI Potential Stocks focuses on market theme rotation, volume and price anomalies, and major news signals, helping users understand the logic behind shifts in market attention rather than simply showcasing popular stocks. Additionally, Gate will continue to enhance push notification capabilities around AI Potential Stocks, forming an information delivery mechanism featuring scheduled pre-market summaries, major event alerts, and personalized watchlist updates. The AI Potential Stocks feature is now supported on Gate App v8.31.0 and above; users can access it via the bottom navigation bar [TradFi] - [Stocks] list, while Web users can enter through the market page or visit the feature page directly. Going forward, Gate will continue to deepen its AI investment research capabilities, refine its AI-driven investment research and analysis system, and continuously optimize event-based content, major event alerts, and personalized summaries around AI Potential Stocks, gradually building an information delivery mechanism that combines pre-market summaries, event alerts, and user watchlist updates to provide users with more timely and clearer market references.
Odaily News – The U.S. Commodity Futures Trading Commission (CFTC) has released the agenda for the first meeting of its Innovation Advisory Committee (IAC). The committee will convene its inaugural session on August 20, focusing on regulatory topics in emerging areas such as crypto assets, artificial intelligence, and prediction markets.CFTC Chairman Michael S. Selig stated that the United States has long been a global hub for financial innovation, and expressed hope that through dialogue with innovative entrepreneurs, researchers, and industry builders, the committee can explore how emerging technologies and financial products can drive market development, and jointly chart the "new frontier of finance."The meeting will be livestreamed via the CFTC's official website. Committee members and participants will discuss topics including digital asset regulatory frameworks, the impact of AI technology on financial markets, and the development of prediction markets.The public may submit comments before August 27, which will be published on Regulations.gov, the U.S. federal regulations website. The CFTC noted that the meeting agenda may be adjusted based on the committee's subsequent priorities.The Innovation Advisory Committee aims to provide the CFTC with recommendations on emerging technologies, financial products, and market innovation trends. Its discussions cover critical areas—including digital assets and artificial intelligence—that could shape the future structure of financial markets.
Justin Drake stated that Ethereum L1 will no longer adopt the SNARK-friendly hash function Poseidon, which has dominated since 2019, shifting toward traditional hash functions such as SHA2 or BLAKE2s. This adjustment is based on progress in the SNARK design space, with the focus shifting from "SNARK-friendly hashing" to "hash-friendly SNARKs." By natively aligning Boolean operations in traditional hashing with binary fields, the proving performance of traditional hashes in SNARKs has reached 1 million operations per second, with an overhead of approximately 100x. Research efforts such as Binius and Flock have driven related progress. The Ethereum Foundation's post-quantum team is advancing this roadmap, which includes deploying a production-grade leanVM in 2027 and deploying across the consensus layer, execution layer, and data processing layer in 2028. Justin Drake also noted that AI's enhanced capabilities in cryptanalysis have recently dealt successive blows to the lattice-based scheme HAWK and the isogeny-based scheme SQIsign, with hash-based schemes being used for blockchain post-quantum signatures. The trend of open-source automated research is also accelerating, with SNARK.fast achieving 1.8 million BLAKE3 proofs per second.
Odaily News: Pump.fun has launched the Callout Rewards feature, allowing users to "Callout" (shill/recommend) tokens, and these recommendations will be broadcast to their followers. If someone trades a token as a result of that recommendation, the user will earn rewards on a daily basis. Rewards are calculated proportionally based on the user's ranking among other recommenders in the app and are distributed daily from a fixed reward pool. The program applies to all supported tokens on the Pump.fun application.
Odaily Planet Daily: Crypto asset trading platform Bullish has announced its financial results for Q2 2026. The company stated that as global securities markets gradually migrate to public blockchains, Bullish is planning to build a comprehensive issuer-supported tokenized securities service system covering issuance, listing, trading, and tracking.Bullish CEO Tom Farley stated that the global securities market, valued at nearly $300 trillion, is transitioning to public blockchains, and Bullish aims to work with issuers to drive this process. Upon completion of the proposed acquisition of Equiniti, the company will form an integrated platform covering tokenized securities issuance, listing, trading, and tracking.Financial data shows that Bullish's Q2 digital asset sales reached $32.6 billion, down from $58.6 billion in the same period last year; the net loss was $280 million, compared to a net profit of $108.3 million in the same period last year, corresponding to a diluted loss per share of $1.78.However, the company's core business performance improved. Q2 adjusted revenue (non-IFRS) reached $92.6 million, up 62% year-over-year from $57 million in the same period last year; among which subscription, services, and other revenue hit a record $62.7 million. Adjusted trading revenue was $29.9 million, up 24% year-over-year; adjusted EBITDA was $29.5 million, compared to $8.1 million in the same period last year; adjusted net profit was $14.3 million, compared to a loss of $6 million in the same period last year.In terms of business progress, Bullish stated that the acquisition of UK fintech company Equiniti is progressing and is expected to be completed in early 2027, subject to customary conditions including regulatory approvals. Additionally, Bullish's CoinDesk indices continue to gain institutional adoption. Morgan Stanley has launched Bitcoin, Ethereum, and Solana-related trading products based on CoinDesk benchmark indices, attracting over $400 million in inflows during Q2.On the regulatory front, Bullish has received approval from the Gibraltar Financial Services Commission (GFSC) to provide secondary trading services for tokenized securities, becoming one of the first regulated platforms to offer issuer-supported tokenized securities trading.The company has also raised and refined its full-year 2026 guidance, projecting subscription, services, and other revenue (non-IFRS) of $225 million to $245 million, adjusted operating expenses of $225 million to $230 million, and financing costs of $52 million to $60 million. (Globenewswire)
According to CoinDesk, Mitsubishi UFJ Financial Group (MUFG) announced plans to utilize the Canton network to conduct a proof of concept for on-chain trading of Japanese Government Bonds (JGB) to achieve real-time 24/7 settlement, replacing the traditional settlement process requiring 1 to 3 days. MUFG stated that this move aims to enhance the operational and capital efficiency of repo transactions, noting that European and American financial institutions have already expanded proof of concept projects in this field, with JPMorgan Chase's Kinexys network having supported blockchain-based intraday US Treasury repo operations since 2020. MUFG pointed out that Japanese Government Bonds are widely used as collateral for repo transactions by domestic and international market participants due to their high credit ratings and liquidity, and the trend towards on-chain adoption is accelerating. Additionally, MUFG has previously partnered with Sumitomo Mitsui Financial Group (SMBC) and Mizuho Financial Group to explore the joint issuance of stablecoins by March 2027; this JGB on-chain settlement test is a significant component of its blockchain strategic layout.
Odaily News: Andre Cronje, founder of DeFi platform Flying Tulip and creator of Fantom Network, stated that most DeFi protocols are no longer truly decentralized, with only a few niche areas still qualifying as DeFi. He believes DeFi has evolved into "on-chain finance" or "open finance." He pointed out that true DeFi should possess characteristics such as decentralization, immutability, and the absence of intermediaries, whereas the intermediaries in most current protocols have become corporations, taking on traditional financial institution roles such as decision-makers and risk committees. Cronje noted that this does not mean true DeFi has completely disappeared, as some protocols are still innovating. Data from DefiLlama shows that the total value locked (TVL) in DeFi has dropped from $167 billion in early October 2025 to $75 billion at the time of the original report over the past 10 months, a decline of more than half. In a working paper published in March, the European Central Bank (ECB) analyzed Aave, MakerDAO, Ampleforth, and Uniswap, finding that based on holding snapshots from November 2022 and May 2023, the top 100 addresses holding governance tokens in these protocols each controlled over 80% of the token supply. The ECB consequently questioned the level of decentralization of these DAOs and whether they should continue to be regarded as "fully decentralized" services exempt from the Markets in Crypto-Assets Regulation (MiCA). (Cointelegraph)
According to the Qwen APP official WeChat account, the Qwen Open Platform has launched the Cainiao Agent. Users can activate this agent by typing @Cainiao in the chat window or clicking the dot icon in the top-right corner, and complete package shipping through conversation. The Cainiao Agent recommends suitable shipping solutions and courier companies based on conditions such as item type, price requirements, and pickup time, and supports large item shipping recognition and special rate shipping matching. Additionally, it integrates contacts and historical shipping records to automatically complete sender and recipient information, reducing manual entry steps.
Odaily News: The specification for Bitcoin's proposed soft fork BIP-54 (Consensus Cleanup) was completed in May 2026, aiming to fix four consensus rule boundary issues without adding new Bitcoin features. On August 10, Wang Chun, co-founder of digital asset mining pool F2pool, stated that he does not support BIP-54. He said that if the proposal obtains the required majority through the standard BIP-9 process, F2pool will upgrade its mining nodes, but will not issue a signal of support ahead of time. BIP-54 has been tested in Bitcoin Inquisition, a Signet-based testing environment. Mining pools MARA and ViaBTC have voluntarily produced compatible coinbase transactions; the official activation parameters have not yet been determined, and the mainnet vote has not been completed. Previously, BIP-110, which attempted to restrict certain non-financial data in Bitcoin transactions, failed to gain sufficient miner support and stalled around block height 961,635; BIP-54 does not involve restricting general script functionality. (Bitcoin.com News)
Odaily News: U.S. cryptocurrency exchange Kraken has added an S&P 500 index perpetual product to its proprietary trading program, offering funded traders around-the-clock access to the benchmark U.S. stock index. The product is priced based on an oracle tracking the S&P 500, with no expiration date and no need for rollovers. The S&P 500 index is the second traditional market listed on Kraken Prop, following the Nasdaq 100 index; Kraken plans to add commodities in the future. Users can trade this market in both evaluation accounts and funded accounts, with up to 5x leverage and a maximum notional exposure of $1 million. Kraken Prop users must first purchase an evaluation plan, and after meeting the program's requirements, they can trade using Kraken's capital. Evaluation plans start at $20, with funded account sizes ranging from $5,000 to $200,000. (Cointelegraph)
crypto lending firm Figure Lending LLC offers cryptocurrency-backed loans, allowing borrowers to use Bitcoin, Ethereum, or Solana as collateral to access cash of up to 75% of the collateral's value while retaining ownership of their tokens. Such loans generally do not constitute a sale and typically do not trigger a capital gains event. Figure Lending LLC stated that borrowers should compare maximum loan-to-value ratios, fixed or variable interest rates, regulatory licensing, and liquidation terms. The firm offers fixed-rate loans with a 12-month term, a maximum annual percentage rate of 12.62%, and supports same-day funding without requiring a credit score, as approval is based on the collateral. Figure provides an optional liquidation protection feature, available in select states, which may defer liquidation during the loan term due to price declines; however, liquidation may still occur if the loan becomes delinquent. This feature does not apply to non-payment, default, or violation of loan terms, and declines in crypto asset prices may still trigger margin calls. (Decrypt)
Odaily News: ZEC treasury company Cypherpunk Technologies (Nasdaq: CYPH) has released its Q2 2026 financial report, posting a net profit of $39.39 million, or $0.18 diluted earnings per share; in the same period last year, the company reported a net loss of $16.64 million and an operating loss of $4.69 million. R&D expenses stood at $0.2 million, down from $10.54 million in the same period last year, primarily due to the completion of clinical trials; general and administrative expenses reached $4.49 million, up $2.75 million year-over-year, mainly driven by increased stock-based compensation. As of June 30, the company's cash balance was $7.6 million. During Q2, the ZEC price rose from $243.35 to $400.09, generating approximately $46 million in non-cash unrealized gains for the company. As of August 11, 2026, the company held a cumulative total of 323,400 ZEC, with an average cost basis of approximately $341.83, representing about 1.92% of ZEC's total circulating supply. On the business development front, the company has appointed Dev Ojha, founder of Valar Group, as an advisor. Valar Group focuses on Zcash network development and research, and has led the development of the high-performance full node software Zakura and the Ironwood shielded pool. The company's subsidiary, Leap Therapeutics, has reached an agreement with the U.S. FDA on the Phase III clinical trial design for sirexatamab (anti-DKK1 monoclonal antibody), and received FDA Fast Track designation in May 2026 for the treatment of patients with second-line metastatic colorectal cancer with high DKK1 expression. The company has also initiated a strategic process to evaluate pathways for advancing sirexatamab development through independent financing or collaboration with partners.
According to the official announcement, Bitget CFD has launched Pro mode based on the existing ECN and STP modes, providing independent quote depth for high-frequency and large-volume traders. Currently, this feature is live on the web platform, and the mobile app is expected to open on August 21. Trading instruments in Pro mode uniformly use the .pro suffix; the fee structure and rebate rules are consistent with ECN mode, with a fixed handling fee charged per lot per instrument, and overnight fees charged as normal. This mode is open only to qualified professional clients; users can contact their account managers or official customer service to apply for activation. Previously, Bitget CFD launched liquidity solutions for institutional traders, supporting multi-tier depth aggregation and 100% STP execution. The launch of Pro mode further enriches Bitget CFD's support for professional trading scenarios.
Odaily News According to official sources, Gate's Contract Stocks Section launched perpetual contract trading (USDT settlement) for CSOPSKHYNIX2L (CSOP SK Hynix Daily Leverage 2X ETF 7709.HK), CSOPSAMSUNG2L (CSOP Samsung Electronics Daily Leverage 2X ETF 7747.HK), SSPC (2X Daily Short SpaceX ETF), SPCH (2X Daily Long SpaceX ETF), GFS (GlobalFoundries), VST (Vistra Energy), OKTA (Okta), and OUST (Ouster) on August 12 at 14:00 (UTC+8), supporting 1-20x leverage.Additionally, Gate is hosting Round 13 of the Contract Stocks Section New Coin Airdrop from August 12 at 16:00 to August 21 at 16:00 (UTC+8). New users who complete their first contract trade will receive 5 USDT; daily check-ins based on trading volume in eligible coins can accumulate up to 35 USDT; trading eligible coins in contract markets qualifies participants to share a 30,000 USDT prize pool. The total prize pool for the event is 50,000 USDT, with individual participants eligible to receive up to 240 USDT.
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)
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.
: Bitget has released the "Statement on Improving Market Mechanisms and Maintaining Fair Trading," announcing its commitment to advancing market fairness through three key initiatives. First, it will establish a mechanism for handling and giving back abnormal profits, where profits generated from violations or abuse of mechanisms will be disposed of, not counted as platform revenue, and specifically directed toward user protection. Second, it will raise risk standards for both new listings and existing assets, conducting dynamic monitoring of listed assets based on indicators such as liquidity, depth, and volatility, and implementing management measures for assets that fail to meet standards. Third, it will continue optimizing underlying mechanisms, with a focus on enhancing the stability of mark price sourcing and dynamic risk control capabilities under extreme market conditions.The above optimization efforts will be carried out in phases. Any adjustments involving specific trading rules or product mechanisms will be announced separately through official channels. Bitget emphasizes that trust stems from adherence to rules, and it will continue to uphold a fair and orderly trading environment through mechanism optimization and transparent initiatives.
Odaily News: Ondo Finance announced a partnership with Grvt, a hybrid decentralized trading platform built on ZKsync, to establish a $100 million position in Ondo USDY over the next year, expanding its on-chain fixed-income asset portfolio.Under the collaboration plan, Grvt will integrate USDY into its yield product, Grvt Earn. The platform will hold and manage USDY directly on its balance sheet, incorporating the associated returns into the unified base yield currently offered to users. This allows users to benefit from the yield without needing to purchase USDY separately.USDY is a yield-bearing tokenized security launched by Ondo Finance, primarily backed by short-term U.S. Treasuries, Treasury-based ETF shares, and bank deposits. According to RWA.xyz data, USDY is currently one of the third-largest tokenized asset products, with approximately $2.14 billion in assets under management and around 15,600 holders. (The Block)
Nvidia is increasing its investment in open-source artificial intelligence models, aiming to further drive demand for its hardware ecosystem by building the world's leading open-source AI model series, Nemotron.According to sources familiar with the matter, Nvidia is developing a new generation of AI models called Nemotron 4, with the largest model targeting performance levels comparable to the world's top open-source AI models. The project is driven by Nvidia's internal team, as the company hopes to attract more developers and enterprises to use its GPUs, AI software platforms, and infrastructure through high-performance open-source models.In recent years, Nvidia has gradually expanded from purely providing AI computing hardware to building an AI software and model ecosystem. By releasing open-source models, the company can help developers build applications based on Nvidia's CUDA, GPU clusters, and related tools, thereby further strengthening hardware demand.However, Nvidia's self-developed AI models may also create new competitive dynamics. On one hand, open-source models can expand the influence of Nvidia's AI ecosystem; on the other hand, as its model capabilities improve, they may compete with AI models developed by some of its customers and partners.Analysts believe that as competition in the AI industry extends from "computing power competition" to "model, software, and ecosystem competition," Nvidia is attempting to replicate its ecosystem advantages in the GPU space, transforming its hardware leadership into broader influence across the AI platform landscape. (The Information)