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Grayscale releases research report: Zcash may see a revaluation opportunity in the privacy sector.

According to a Grayscale research report, as AI-driven financial monitoring capabilities continue to expand, the demand for financial privacy is experiencing a third wave of renewed interest, potentially benefiting Zcash (ZEC). The report notes that Zcash’s zero-knowledge proof-based shielded transaction technology conceals the sender, recipient, and transaction amount, establishing a differentiated positioning compared to Bitcoin’s transparent on-chain records. Current on-chain data shows that shielded transactions now account for approximately 90% of Zcash’s total network transaction volume, while shielded supply has reached around 4.2 million ZEC, representing 25% of the circulating supply, with both figures hitting all-time highs. In terms of valuation, ZEC holds a market capitalization of approximately $8 billion, accounting for only 0.6% of the total market cap within Grayscale's "Cryptocurrency Monetary Sector". If its market share increases to 5%, the theoretical valuation space would be roughly nine times the current level. The report also cautions that Zcash faces multiple risks, including regulatory compliance, legacy issues from historical trusted setups, quantum computing threats, and protocol upgrade execution challenges, requiring investors to conduct prudent assessments.

BitMart Founder: Chinese Official Account Has Been Hacked, Related Content Was Not Published by Current Employees

BitMart founder Sheldon stated that, after verification, the official BitMart Chinese account has been hacked, and the relevant content was not published by current employees.

Vitalik: Ethereum's Current Roadmap Adds New Directions Including Strong Privacy, Post-Quantum Scalability, and Native Rollups

Odaily News: Vitalik posted on X platform, stating that he has updated the 2023 roadmap diagram, overlaying the items listed at that time onto their corresponding positions in the current Strawmap. Overall, there is significant overlap between the two, but the order of some items has been rearranged—for example, quantum security has been prioritized higher; some items have been deprioritized, such as VDF and many EVM improvements; and some items have been replaced by better constructions, such as Verkle evolving into unified BT and then PBT, with state expiration being replaced by new state types. However, the most notable change is that the Strawmap includes some entirely new additions not present in the diagram, as these were not in the 2023 roadmap, reflecting shifts in priorities. The main additions include: - Giving first-class priority to strong privacy, including keyed Nonces and recent roots, parts of FOCIL, lean privacy pools, and Wormholes; - Advancing scalability around post-quantum scenarios, including leanSPHINCS signatures and aggregation, and zkzk frames; - Pushing forward the Lean specification to assist formal verification. Full formal verification of everything is now feasible thanks to modern AI; - Blob and Gas futures, a concept that did not exist in 2023; - Native Rollups—back in 2023, SNARKs were far from mature enough to consider this direction; - Opening up a more expansive design space for "the future of EVM." zkzk frames already imply that the protocol will offer users a non-EVM ISA, with the main current candidates being leanISA and RISC-V. These ISAs are simpler, more modern, and more efficient than the EVM. Once introduced, they can be opened up to all developers, transforming the EVM into an intermediate representation (IR) built on top of these ISAs, rather than a built-in feature that significantly increases base protocol complexity. However, deeper exploration in this area is still premature even for the Strawmap; - New state types are not just a replacement for state expiration, but a fundamentally different paradigm for how Ethereum scales. He noted that a common theme across the scalability space is reflected in two new ideas—state types and zkzk frames: rather than trying to maximize the extension of all Ethereum activity, it is better to create specialized mechanisms with restrictive properties that are therefore better suited for scalability, while carrying the heaviest load from current and future users and applications, such as token transfers, swaps, and privacy protocols. Another common theme is treating STARKs and AI-accelerated formal verification as first-class objects, and building Ethereum's technological future upon them. Recursive STARKs appear at multiple layers of the protocol, and one specific primitive, "aggregate to union verified dependencies," is expected to be used in three locations in the protocol: the execution layer, consensus layer, and data layer. Its safety can only be ensured thr

U.S. Senate Digital Assets Subcommittee Chair: Senate to Vote on CLARITY Act Before August Recess

Odaily News: U.S. Senate Digital Assets Subcommittee Chair Cynthia Lummis stated that the Senate will hold a vote on the CLARITY Act before lawmakers begin their August recess. The bill aims to divide federal crypto regulatory responsibilities and covers ethics, enforcement, consumer protection, and market certainty. Lummis said negotiations around the bill have been ongoing for 11 months, with Democrats proposing more than 300 pages of amendments. Current negotiations still involve sections related to the Commodity Futures Trading Commission (CFTC), enforcement provisions, and ethics rules for senior federal officials. On August 5, Democratic staff on the Senate Banking Committee listed five unresolved areas, including securities protection, illicit finance, national security, and presidential conflicts of interest. Donald Trump has received a bipartisan counter-proposal that would allow state attorneys general to enforce federal crypto ethics rules. Under the CLARITY Act, the CFTC and the U.S. Securities and Exchange Commission (SEC) would share regulatory oversight, establishing distinct pathways for qualifying digital commodities and securities. CFTC Chairman Michael S. Selig and SEC Chairman Paul Atkins both support advancing clearer digital asset regulatory legislation.

Hyperliquid Lists Unitree Technology Pro-IPO, Current Price $75.02

Odaily News: Hyperliquid has listed Unitree Technology (UNITREE) Pro-IPO and trading has commenced, with the current price at $75.02.

Bitcoin BIP-110 Forced Signaling Window Opens in Less Than Two Weeks, Current Support Rate ~2.64%

Odaily Odaily News: The Bitcoin BIP-110 forced signaling window will open at block height 961632, expected around August 9, 2026. As of 8:40 AM (EDT) on July 27, the chain height is 959842, approximately 1790 blocks away from this activation block. The current BIP-110 signaling support rate is around 2.64%. BIP-110, officially named "Reduced Data Temporary Softfork," proposes to limit the size of certain data fields within Bitcoin transactions, targeting Ordinals-like inscriptions, large OP_RETURN payloads, and similar high-data-volume use cases. If activated, the restrictions will take effect at block 965664 and automatically expire after 52,416 blocks (approximately one year). Current signaling support primarily comes from Ocean, independent miners, and small-scale operators. Major mining pools such as Foundry, Antpool, ViaBTC, and F2pool have not yet switched to supporting the proposal. Foundry has requested clients to vote based on their average hashrate; only when “support” votes exceed 51% of the participating weighted hashrate will the pool switch all its blocks to signaling support. If the current signaling level persists until block 961632, nodes enforcing BIP-110 will reject blocks that have not signaled version bit 4 and will instead follow the minority of blocks that do signal. Unupgraded nodes will continue to accept both signaling and non-signaling blocks, and will follow the chain with the most cumulative proof of work.

ServiceNow's AI Business Annual Contract Value Exceeds $1 Billion in Q2

: Enterprise software company ServiceNow released its earnings report, with subscription revenue surging 25% year-over-year to $3.9 billion, exceeding TD Cowen's expectations of approximately $3.8 billion. Current remaining performance obligations reached $13.2 billion, surpassing TD Cowen's forecast of $13 billion.ServiceNow has raised its full-year subscription revenue guidance to $15.76 billion - $15.78 billion, with the upper end aligning with TD Cowen's estimates. The company's stock price has fallen 50% over the past year, as the market focuses on the potential substitution impact of generative AI on certain enterprise software services.OpenAI launched "Presence" on Wednesday morning, helping enterprises set up and run AI agents for automating tasks such as customer service, sales, and employee IT service request handling. ServiceNow is integrating AI into its existing products while launching new AI-driven offerings.ServiceNow stated that its AI business annual contract value exceeded $1 billion in the second quarter, and the number of customers deploying AI agents that have been put into production has grown ninefold over the past nine months. The company also signed 123 net new transactions with annual contract values exceeding $1 million, an increase of nearly 40% year-over-year.

Kimi K3 demand far exceeds expectations, suspending new subscriptions and expanding computing capacity

Kimi posted on platform X, stating that the market response to K3 has far exceeded expectations since its launch, with user demand in the past 48 hours approaching the upper limit of existing GPU computing capacity. To ensure the user experience for existing subscribers, new subscription services have been temporarily suspended. Current subscribers will not be affected, and the company is working to expand computing resources as quickly as possible, gradually resuming new user subscriptions in batches.Additionally, the future membership system will be split into two more targeted products: "Kimi Membership," designed for Kimi's web interface, app, and office scenarios, and "Kimi Code Membership," focused on programming workflows, to achieve more precise resource allocation and improve service stability.

The next four weeks are the final window for the US Congress to pass the Clarity Act this year

: Industry insiders indicate that after the US Senate reconvenes, it will enter a critical window of approximately four weeks, determining whether the Clarity Act can pass this year. The bill needs to complete the finalized text, Senate debate, and voting before the August recess, and secure at least 60 votes of support in the Senate. Current negotiation focuses include whether to retain the exemption clause for non-custodial developers within the "Blockchain Regulatory Certainty Act," and establishing an "ethics framework" for official conflicts of interest regarding President Trump's cryptocurrency business interests. Meanwhile, the passing of Senator Lindsey Graham and the absence of Mitch McConnell have weakened Republican voting power, increasing the importance of securing support from Democratic senators.

Core PCE Inflation Rate May Be Revised Down by 0.2 Percentage Points; US BEA to Adjust Some Calculation Methods for PCE

Odaily Planet Daily reported that the U.S. Bureau of Economic Analysis (BEA) recently announced adjustments to some calculation methods for the Personal Consumption Expenditures Price Index (PCE). The relevant changes are expected to be reflected in the data revision scheduled for release on September 30, 2026. Market estimates broadly indicate that this adjustment will likely lower the core PCE inflation rate by approximately 0.2 percentage points. Current data shows that over the 12 months ending May 2026, core PCE inflation stood at 3.4%, remaining above the Federal Reserve's 2% target since March 2021. The BEA's primary adjustments this time focus on three specific sectors: portfolio management and investment advisory services, computer software and accessories, and legal services, modifying their respective price calculation methods.Former Federal Reserve Governor Miran stated in a speech last December that "some of what should have been recorded as an increase in the quantity of service consumption has instead been recorded as a price increase." In May of this year, Miran, along with Fed economists Alessandro Barbarino and Anthony M. Diercks, published a paper analyzing the shortcomings of existing statistical methods, including issues with the measurement of products like portable storage devices and video games. JPMorgan economist Abiel Reinhart remarked, "‘Grand Theft Auto 6’ might also have a chance to influence the U.S. Treasury yield curve."

Gray-scale Research: AAVE Token’s Current Price Has Valuation Support; Reasonable Price in Base Case Scenario Could Reach $175 Within One Year

GreyScale Research’s report states that as the valuation framework for crypto assets gradually aligns with traditional financial analysis, decentralized finance (DeFi) protocols with clear cash flows and robust token value-capture mechanisms are attracting increased attention. Using Aave as an example, the report notes that Aave—the leading on-chain lending protocol—generates revenue primarily from lending spreads, treasury yields, and GHO-related activities (GHO being its native stablecoin). Following continuous improvements to its governance mechanism, the linkage between the protocol’s economics and the value accruing to AAVE token holders has strengthened.

Thetanuts Responds to Security Incident: Affected Vault Is an Abandoned Contract Unrelated to Current Products

DeFi structured protocol Thetanuts Finance issued a statement responding to a security incident involving one of its Vaults. According to preliminary findings, the affected Vault was an outdated contract version deprecated and fully migrated years ago, and bears no relation to any currently active contracts or products. Further investigation into the details is ongoing, and a comprehensive post-mortem report will be published once additional information becomes available. Earlier reports indicated that Thetanuts Finance may have suffered a hack, with estimated losses totaling approximately $2.1 million.

Audiera Releases Agent Economy Roadmap, Evolving into Agent-Native Participation Economy

Odaily News Audiera officially released its Agent Economy Roadmap, outlining a long-term strategic vision to evolve from an AI-Native entertainment platform into an Agent-Native Participation Economy.The five key phases of the roadmap are as follows:- Phase 1: Participation Infrastructure — Completed. Launched Telegram Mini-App, Web3 dApp, mobile rhythm game, AI music studio, AI voting system, and the BEAT token economy.- Phase 2: Persistent Agent Identity — Completed/Ongoing. Introduced AI companions such as Kira & Ray, featuring memory systems and emotional interaction layers, transforming Agents into digital lifeforms with enduring relationships.- Phase 3: Agent Participation Layer — Current focus (partially launched). Agents can autonomously create content, participate in events, vote on curation, and interact with users, earning BEAT through engagement scoring and reward mechanisms.- Phase 4: Agent Economy (2026–2027). Will introduce Agent wallets, deployment frameworks, and skill marketplaces (including creator, curator, social, and gaming skills), enabling Agents to autonomously generate, own, and trade value.- Phase 5: Open Agent Network (Long-term Vision). Aims to achieve autonomous collaboration among Agents, an open Agent marketplace, third-party developer integration, and cross-platform participation, positioning Audiera as the underlying coordination layer for the Agent economy.https://audiera.fi/

XBIT DEX Prediction Market Leverage Officially Launched, 1.1 Million USDC World Cup Event Goes Live Simultaneously

According to official news from XBIT DEX, on June 11, the leverage function of the XBIT DEX prediction market was officially launched. High-liquidity markets will initially support up to 5x leverage. The "XBIT World Cup Event" commenced on the same day, featuring a total prize pool of 1.1 million USDC, and will run until the final on July 19.The prediction market for the opening match, Mexico vs. South Africa, is now open. Current market expectations indicate a 69% probability of a Mexico win, 21% for a draw, and 11% for a South Africa win. Markets covering outcomes such as Match Winner, Handicap, Over/Under, Correct Score, and Corners have been launched simultaneously, spanning 48 teams and 104 matches.During the event, both contract trading and prediction market trading will earn prediction vouchers, which can be used to participate in the daily feature match. Correct predictions will split the prize pool for that match. The single-match prize pool increases as the tournament progresses, with the final offering a maximum of 150,000 USDC. Additionally, dual leaderboards for contracts and the prediction market have been established.

Michael Saylor Urges Market to Hold Bitcoin Amid Current Downturn

Odaily Strategy founder Michael Saylor published a "HODL" (Hold On for Dear Life) themed post on the X platform, urging the market to steadfastly hold Bitcoin amid the current downturn.According to HTX market data, Bitcoin has once again declined today, dropping below $73,000. Affected by this, Strategy's Bitcoin holdings have turned from profit to loss, currently showing an unrealized loss of 3%, approximately $1.92 billion. As of May 25, 2026, Strategy holds a total of 843,738 BTC, with a total cost of approximately $63.87 billion and an average price of around $75,700.

GitHub Updates Security Incident Investigation: Employee Compromised by Malicious VS Code Plugin, Approximately 3,800 Internal Repositories Stolen

GitHub posted on X platform, sharing more investigation details regarding the unauthorized access incident to its internal repositories. Yesterday, GitHub detected and contained an attack on an employee's device involving a malicious VS Code plugin. GitHub has removed the malicious plugin version, isolated the endpoint, and immediately initiated an incident response.Current assessment indicates that this activity only involved the theft of GitHub's internal repositories. The attackers' claim of approximately 3,800 repositories aligns with GitHub's investigation direction so far. GitHub has taken swift action to mitigate risks, rotating critical keys yesterday and overnight, and prioritizing the most impactful credentials. GitHub will continue analyzing logs, verifying key rotations, and monitoring subsequent activities. A more comprehensive report will be released upon completion of the investigation.

THORChain: Network Paused Due to Security Incident, Suspected Single Malicious Node Exploiting GG20 TSS Vulnerability to Steal Funds

Odaily Odaily, THORChain posted on platform X that its developers have released an incident update on Discord. Current evidence points to a node thor16uc...cn84q, which recently joined the network, as being associated with the attack. This node is operated by a single malicious actor. The primary hypothesis is that the attacker exploited a vulnerability in the GG20 TSS implementation, causing sensitive key material of vault participants to leak over time. This ultimately enabled the reconstruction of the vault's private key and the execution of unauthorized outgoing transactions.Regarding network status, the network has been paused after multiple node operators executed `make pause`. RUNE transfers and on-chain observation may resume within approximately 12 hours, but transactions, LP operations, signing, and other sensitive operations remain paused.Discussed recovery plans include slashing the affected node's bond, covering losses with protocol-owned liquidity (POL), or other community-driven solutions. THORSec and Outrider Analytics are continuing their investigation. The Treasury is gathering forensic data and coordinating with relevant law enforcement agencies. Full functional recovery is expected to take several days or longer.

Bitwise CIO: Privacy Could Be the Next “Killer App,” Arc, Canton, and Tempo Exceed $1 Billion in Total Funding

Bitwise Chief Investment Officer Matt Hougan stated that privacy is becoming a core infrastructure direction for the next phase of the crypto industry. Recently, three institutional-grade blockchains focused on stablecoins and asset tokenization—Arc, Canton, and Tempo—have accumulated over $1 billion in total funding, indicating a rapidly growing demand from institutions for "privacy-friendly on-chain financial systems."Among them, stablecoin issuer Circle contributed $222 million in funding for Arc, giving it a valuation of approximately $3 billion; Digital Asset’s Canton blockchain is reportedly seeking $300 million in funding at a $2 billion valuation; and Tempo, backed by Stripe and Paradigm, has previously completed $500 million in funding at a valuation of $5 billion.Hougan noted that this funding wave reflects three major trends: the gradual clarification of the U.S. regulatory framework, increased institutional demand for on-chain privacy, and intensified competition among new blockchain networks supported by large enterprises. Current public blockchains still face structural trade-offs between speed, cost, security, and privacy. However, scenarios involving stablecoins and RWA tokenization require systems that simultaneously offer high performance, compliance, and privacy, making “verifiable privacy” a critical prerequisite for institutional adoption of on-chain finance.Hougan further stated that, for enterprises, “all transactions being publicly broadcast” is not an advantage but a potential flaw. In the future, users and institutions may find it increasingly difficult to accept a fully transparent on-chain financial environment. He believes that privacy capabilities could become the “killer app” driving the crypto industry into its next phase of mainstream adoption. Additionally, following the passage of the U.S. Genius Act in 2025, regulatory certainty has significantly increased, providing a clearer policy foundation for institutional funds to enter the crypto infrastructure space. (CoinDesk)

Ethereum Foundation Releases Glamsterdam Upgrade Progress: Devnet Launched, Hegotá Expansion Roadmap Advances in Parallel

the Ethereum Foundation has disclosed the outcomes of a recent interoperability meeting among core developers held in Svalbard, Norway, and provided an update on the key technical progress of the next upgrade phase, "Glamsterdam." During the meeting, multi-client teams collaborated on network scaling and execution layer optimization, making progress in several areas. Developers confirmed that a "credible path" post-Glamsterdam has been agreed upon, based on the combined results of ePBS, BAL optimizations, and the EIP-8037 repricing mechanism.On the execution layer side, ePBS (External Proposer Separation) has been running stably on the multi-client Glamsterdam-devnet. The external block builder process has completed end-to-end testing, covering nearly all client implementations. Meanwhile, EIP-8037 has been finalized, establishing the fixed cost_per_state_byte model and completing the full repricing parameter output on bal-devnet-6.The expansion track "Hegotá" has also made progress. FOCIL-related prototypes now have operable implementations. The scope of requirements for Account Abstraction (AA) has been defined, and the next phase will move to multi-client devnet verification. Current development efforts remain focused on the final delivery of Glamsterdam, while simultaneously advancing the Hegotá expansion design and the subsequent Strawmap roadmap evolution. The devnet is now live, and features like FOCIL are expected to be further deepened in the next phase of testing.At an organizational level, this interop meeting also marked the official start of leadership restructuring within the Protocol Cluster. The new leads include Will Corcoran, Kev Wedderburn, and Fredrik. Will Corcoran will oversee zkVM proofing and post-quantum consensus coordination, Kev Wedderburn will lead zkEVM research and development, and Fredrik will be responsible for protocol security and the Trillion Dollar Security project. Former Protocol Cluster leadership team members Barnabé Monnot and Tim Beiko will gradually step back from management roles, while Alex Stokes is entering a sabbatical cycle. The Foundation stated that during their tenure, the Protocol team successfully advanced modularization and drove the Fusaka upgrade to launch (December 2025), introducing PeerDAS and increasing mainnet gas capacity.

Ansem: Current Market Conditions Resemble "Altseason," But the Focus Has Shifted to Stock Assets

Ansem posted on X platform, stating that the current market trend resembles "altseason," but the capital's focus has shifted from crypto altcoins to stock assets that support 24-hour perpetual contract trading. These trades are primarily concentrated on the Tradexyz platform.