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Qwen Open Platform Launches Cainiao Agent, Ship Packages via Conversation

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.

Bitcoin's Proposed Soft Fork BIP-54 Completes Specification, F2pool Will Not Support Early Activation

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)

Kraken launches S&P 500 index perpetual product, up to 5x leverage, with a maximum notional exposure of $1 million

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)

Figure crypto-backed loans offer up to 75% of collateral value

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)

Position value approximately $129 million, Cypherpunk Technologies reports Q2 net profit of $39.39 million

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.

Bitget CFD launches Pro Mode, providing independent quote depth for professional traders

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.

Gate Contract Stocks Section Launches 8 Perpetual Contract Markets Including CSOPSKHYNIX2L (CSOP SK Hynix Daily Leverage 2X ETF 7709.HK), and Opens Round 13 of New Coin Airdrop Activity

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.

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)

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.

Bitget Announces Fair Trading Guidelines, Abnormal Profits to be Used for User Protection

: 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.

Ondo Finance and Grvt Plan to Allocate $100 Million in USDY Within a Year to Expand On-Chain Treasury Yield Assets

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 developing a new Nemotron 4 open-source AI model

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)

NVIDIA Launches NeMo Switchyard, Using AI Model Routing Technology to Reduce Agent Operating Costs

Odaily News NVIDIA has launched an AI model routing system called NeMo Switchyard, designed to help developers dynamically allocate AI Agent tasks across multiple large models, reducing costs and latency while maintaining performance.NVIDIA stated that building AI agents does not necessarily mean relying on a single large model. Different models have their own advantages in reasoning capability, response speed, and operating costs. For example, classification tasks may be suited for lightweight models, while complex reasoning requires more powerful frontier models. If all requests are sent to the largest model, costs and latency will increase; conversely, using small models for everything may degrade the quality of complex task completion. NeMo Switchyard uses an intelligent routing mechanism to automatically select the most appropriate execution model among multiple specialized and frontier models based on factors such as task requirements, model capabilities, cost, latency, and system status. The system allows developers to switch between different model providers and model versions without changing the application architecture.NVIDIA explained that NeMo Switchyard offers multiple routing strategies, including a training-free LLM classifier router, Stage Router, Escalation Router, and an adjustable routing model trained on real workload data. Among these, the Escalation Router prioritizes assigning tasks to low-cost models and escalates requests to stronger models when it detects increased task complexity, persistent errors, or stalled execution, thereby achieving a balance between performance and cost.NVIDIA stated that in related tests, NeMo Switchyard significantly reduced AI Agent operating costs while maintaining a high task completion rate by distributing tasks across different models. For example, compared to using only frontier models, the escalation-based routing approach reduced costs by approximately 74% in LangChain multi-turn agent testing, with only 7% of requests requiring calls to frontier models.Additionally, NVIDIA has partnered with companies such as Cognition, Nous Research, Ramp, LangChain, LiteLLM, and Kong to integrate NeMo Switchyard into AI Agent development workflows and enterprise application infrastructure.

North Korea has stolen at least $2.8 billion in cryptocurrency between January 2024 and September 2025, laundering it through existing criminal networks

Odaily News: The North Korean regime stole at least $2.8 billion in crypto assets between January 2024 and September 2025, increasingly laundering them through established criminal networks. According to a report by the Royal United Services Institute (RUSI), a UK-based defense and security think tank, the funds are believed to support its weapons programs. Stolen tokens frequently change ownership before being converted into cash, with third parties sometimes purchasing them at a discount or mixing them with proceeds from investment scams such as "pig butchering" schemes. Cashing out primarily relies on "money mules" recruited in the Philippines, Indonesia, and China, where stablecoins are typically split up and sold through peer-to-peer markets. After the Bybit hack, ZeroShadow found that TraderTraitor moved funds through over-the-counter (OTC) desks, peer-to-peer traders, and Chinese organized crime syndicates. Bybit has recovered $48.4 million and frozen $30.5 million in assets, accounting for roughly 5% of the stolen amount in total. (Decrypt)

MoneyGram Expands Crypto Cash Services to Solana, Covering Over 170 Countries and Regions

Odaily News: Cross-border payment company MoneyGram has announced the expansion of its cash-to-crypto exchange service, MoneyGram Ramps, to Solana, allowing wallets, exchanges, and developers within the Solana ecosystem to access its global cash network. The service supports two-way exchange between cash and digital assets, with cash deposits available in over 25 countries and cash withdrawals covering more than 170 countries and regions. MoneyGram had previously launched a USDC-based cash on/off-ramp service with Stellar and issued the U.S. dollar-backed stablecoin MGUSD, continuing to expand its stablecoin payment and remittance business. (CoinDesk)

Byreal Launches XAUt0 Gold Liquidity Incentive Campaign, Prize Pool Worth $12,000

Byreal recently launched the XAUt0 gold liquidity incentive campaign. The campaign lasts nearly a month; users who provide liquidity to the designated XAUt0 liquidity pool can participate in sharing gold rewards worth $12,000. Recently, with the gold price breaking through $4,300 and the precious metals market continuing to heat up, market attention to on-chain gold assets has further increased. In addition to spot liquidity incentives, Byreal Perps has also launched gold perpetual contracts, supporting up to 25x leverage, allowing users to go long, short, or hedge gold price exposure based on market direction.

Aave V4 Adds Support for PT Looping on Pendle, Enabling Users to Participate in the PT-USDG Loop Lending Strategy

Odaily News: Pendle announced on X that Aave V4 has added support for PT Looping on Pendle. Users can participate in the PT-USDG loop lending strategy from the Global Dollar Network. Aave V4's interest rates are priced based on aggregate utilization across the entire hub, so looping operations will not drive up its own rates.

South Korea FSS Upgrades Anti-Fraud System, Crypto Assets Included in Voice Phishing Compensation Coverage

According to Cryptopolitan, South Korea's Financial Supervisory Service (FSS) has launched a three-month fraud refund system reconstruction project with a budget of approximately 119 million Korean won. This upgrade aims to align with the revised "Telecommunications Fraud Damage Compensation Act" amended on March 31 this year—the bill will officially take effect on October 1, formally incorporating virtual assets into the scope of "damaged property" and "refundable property." The new system will support calculating compensation amounts based on token type and quantity, using the Korean won value at the time funds were frozen as a reference benchmark, while also possessing the ability to disentangle mixed fraud funds across multiple accounts. Major exchanges such as Upbit, Bithumb, Coinone, Korbit, and GOPAX will be required to assume anti-fraud and victim relief obligations equivalent to those of banks at that time, including verifying transaction purposes, monitoring suspicious funds, and freezing suspected accounts.

Trump family-backed WLFI receives $100 million token investment, funds traced to Guren "Bobby" Zhou, a subject of a UK money laundering investigation

Odaily News: UAE-based foundation Aqua1 Foundation purchased $100 million worth of governance tokens from decentralized finance project World Liberty Financial (WLFI) on June 26, marking the largest single publicly disclosed purchase of the token to date. The funds trace back to Chinese businessman Guren "Bobby" Zhou, with up to $75 million flowing to entities linked to the Trump family and World Liberty Financial co-founder Zach Witkoff. WLFI tokens confer governance and voting rights and do not represent equity in the company. Zhou was arrested in the UK in March 2021 on suspicion of money laundering, with UK law enforcement investigations still ongoing as of late July 2026. Two of his long-time employees were indicted in September 2025, one of whom has pleaded guilty, with trial scheduled for 2028. Zhou has not yet been formally charged. Zhou met with Eric Trump in Dubai to discuss the investment and described it as participation in the "Trump family's crypto project." The source of the $100 million Aqua1 used to purchase WLFI remains unclear, and public information does not indicate any direct link between these specific funds and money laundering activities. (Bitcoin.com News)

AI computing financing heats up: Nvidia-backed Lambda plans to purchase GPUs with $917 million loan

Odaily News Nvidia-backed AI cloud computing provider Lambda is raising $917 million through the leveraged loan market to procure AI chips. As artificial intelligence infrastructure construction accelerates, chip financing is emerging as a new avenue for capital investment in the AI industry.Lambda belongs to the rapidly growing camp of "neoclouds" in recent years, primarily offering GPU computing power and AI infrastructure services to enterprises and developers. This financing plan will be carried out through a GPU-backed loan based on GPU asset-related rights, designed to support the company in expanding its AI computing resources.According to reports, AI infrastructure companies are actively exploring new financing methods to meet the massive capital investments required to build large-scale computing clusters. Previously, AI cloud service provider CoreWeave completed the first chip financing transaction in the institutional leveraged loan market, providing a new financing model for the industry.As demand for generative AI continues to grow, Nvidia GPU supply has become a core resource for AI companies' expansion. By using GPU assets as a financing basis, AI cloud providers can rapidly scale up computing capacity without relying entirely on equity financing, while also bringing traditional credit markets into the wave of AI infrastructure investment. (Bloomberg)