Assemble AI

An attacker exploited a Cosmos EVM vulnerability to move $50 million of Nesa tokens off the project’s chain. The attacker recovered $315,000 after spending $255,000, leaving a $60,000 difference. Cosmos Labs disclosed the incident on August 24 and advised some chains to halt and upgrade.

Salesforce CEO Marc Benioff used quarterly results to challenge the 'AI will replace SaaS' narrative, citing Agentforce annual recurring revenue above $1.5 billion. Agentforce annual recurring revenue rose more than 240% year over year. Salesforce beat second-quarter revenue and profit estimates on August 26.

Binance co-founders Changpeng Zhao, known as CZ, and Yi He adopted the Simpsons aliases Homer and Marge for company meetings and internal chats. The aliases were used within Binance and its subsidiaries, including BNB Chain and CoinMarketCap. Meme tokens were created after the revelation.

A Dallas Fed analysis says AI-directed bank accounts could move deposits rapidly and weaken a funding advantage that supports long-term credit. The analysis estimates that about $7 trillion of bank asset-side interest-rate exposure was supported by deposit duration characteristics. Banks could use costlier wholesale funding or hold more liquid assets, which could raise borrowing costs or reduce lending capacity.

Bitcoin fell almost 1% to below $79,000 after briefly trading above $80,000 for the first time since May. XRP dropped almost 3% to just above $1.41, while its weekly gain remained the largest among major cryptocurrencies at 28%. Traders increased bets on a Federal Reserve rate increase as weekly gains narrowed.

Cardano and Solana are testing competing on-chain governance models through simultaneous votes. Cardano's committee renewal had 43% DRep support on Aug. 26, below the required threshold. Stake pool operator support stood at 15.1%, also below its requirement. Solana's SGP-0002 result remains unclear because public rules set different quorum standards.

StarkWare says it completed the first quantum-resistant Bitcoin transaction. The method uses signature grinding to reduce the exposure of public key data while transactions wait for confirmation. The transaction required direct delivery to a miner because ordinary Bitcoin nodes would ignore its unusual format.

Nvidia reported second-quarter results that beat estimates, with current-quarter guidance of $108 billion above the $103.9 billion expected. Seaport Research Partners analyst Jay Goldberg said Nvidia's sold-out chip supply leaves little room for further upside this year. UBS analyst Tim Arcuri sees the results supporting Nvidia's earnings path into 2027 and 2028.

Solana cut its mainnet target slot time from 400 milliseconds to 350 milliseconds in its first staged speed change. The new timing took effect when epoch 1020 began on Aug. 21 after a one-epoch delay under SIMD-0525. Trillium measured a 365.4ms slot-weighted mean in post-change epoch 1021, compared with 420.7ms in pre-change epoch 1015. The next 300ms stage remained pending as of Aug. 26.

Blockstream published a Bitcoin Improvement Proposal for its SHRINCS signature scheme to make Bitcoin quantum-secure. SHRINCS signatures range from 548 bytes to 4,619 bytes and could support about 3 transactions per second. The proposal warns that its security proof is incomplete and that the design introduces additional complexity.

Bitcoin is trading between $75,000 and $80,000 ahead of a Deribit settlement involving roughly 81,700 options worth about $6.4 billion. Reported call exposure is concentrated at the $75,000 and $80,000 strikes. Unclear dealer positioning leaves open the possibility of price pinning or an accelerated move through either level.