Facts prove that hardware wallets are more troublesome Some devices have been bricked, and users have reported anomalies with COLDCARD’s new firmware upgrade Bitcoin News posted on the X platform that users reported that the new COLDCARD firmware upgrade caused some devices to be bricked. Before upgrading the firmware, please safely transfer all funds from the wallet first. $SOL
Stacks Co-founder’s Summary of the Coldcard Security Incident: Lessons Not to Put All BTC in One Basket Stacks co-founder Muneeb shared his thoughts on the Coldcard wallet incident, summarizing lessons across three areas: Bitcoin storage, the threat of quantum computing, and ecosystem security building. Regarding Bitcoin storage strategies, he noted that many industry security experts don’t even understand Coldcard, and even top security research organizations may not have audited its code sufficiently.
Muneeb believes the best future approach should be asset diversification rather than concentrating all funds into a single solution, and suggested:
1. 20%-30% of BTC should be allocated to an ETF, such as BlackRock’s Bitcoin ETF IBIT, to obtain professional custody and regulatory protection;
2. 40%-50% of BTC should use multi-signature schemes similar to Casa—for example, a three-key model—storing keys across a security company, mobile devices, and hardware wallets;
3. 20%-30% of BTC should be used for more advanced self-custody solutions, combining different hardware wallets and different entropy sources.
Concerning the threat of quantum computing, Muneeb said that after quantum computers eventually break through the current cryptographic system, Bitcoin users may face an impact similar to “BTC in cold wallets suddenly being transferred.” Quantum threats are real; the industry should prepare in advance rather than underestimate technological progress—especially in the context of accelerated scientific breakthroughs by large language models. $SOL
Palantir fires the first shot—next up are AMD, SpaceX, and Circle
That Palantir surge after the close—up nearly 12 points—basically proved the rule that “earnings numbers are just the ticket; guidance is what truly sets the price.” The quarterly revenue growth hit 93%, and they even raised the full-year guidance. The market recognized it very decisively. This is a strong start for earnings week, but the real heavy hitter is still waiting in the wings.
Next up is AMD, with its report due after the U.S. market closes on August 4. For now, the market expectation is revenue of $11.3 billion, up about 47% year over year. But honestly, at this scale, everyone has a pretty good idea of what growth rate to expect. The real test is whether the gross margin can hold up—and on the AI chip front, how much demand is real cash-and-carry versus how much is just inventory sitting in the channels. The MI300 series has been pushed aggressively, and the posture versus Nvidia has been made clear too. But arm-wrestling and actually pinning the other side down are two different things. What the capital markets want to see is orders that can keep squeezing out the “water,” not just hype.
Disagreements within the Federal Reserve have been fully put on display: just after the quiet period ended, two sharply opposing voices emerged in the committee
Disagreements within the Federal Reserve have recently been fully brought to the surface. What’s interesting is that the focus of the debate is no longer whether or not to cut rates—it’s the opposite direction entirely—someone is publicly calling for rate hikes.
The quiet period had just ended when two sharply opposing voices in the committee immediately emerged. Logan of the Dallas Fed directly voted against, taking a very firm stance, saying interest rates “should be slightly higher.” Hm… also in Cleveland, Hamack was likewise in the rate-hike camp. She ran the numbers: the goal of keeping inflation above 2% has already persisted for more than five years, and the current policy is simply not restrictive enough. Kashkari of Minneapolis also supported a 25-basis-point hike. These few people together do not have a small voice.
Palantir revenue up 93%, up 13% after hours—let’s look at the structural logic behind the rally
Palantir’s earnings report is indeed solid. After the close on August 3, the company rolled out a set of impressive numbers—second-quarter total revenue surged to $1.94 billion, up 93% year over year, directly beating the market’s expectation of $1.81 billion. Adjusted EPS was $0.41, also outpacing the expected $0.35. After-hours, the stock price jumped 13% to 14%, at one point touching $142.91. The data itself is already tough enough, but what’s truly interesting is the structural logic behind this round of gains. The U.S. commercial business is the clear star of this quarter—revenue jumped 149% year over year to $764 million, setting a company record. The U.S. government business also stayed on track, growing 90% to $809 million. Both segments surged on two fronts rather than being propped up by a single driving force. Total contract value signed this quarter reached $3.37 billion, up 49% year over year, with U.S. commercial customers alone contributing $2.13 billion. Overall U.S. market revenue rose 115% year over year to $1.57 billion, increasing its share of total revenue from 73% last year to 81%.
Within a week: from a violent surge to a stampede of selling, Korean stocks plunge 5%, with storage bulls and bears at odds
The South Korean stock market took a heavy hit yesterday with that long red candle: the KOSPI fell 5.13% over the entire session, directly breaking through the 6,200-point threshold. Samsung Electronics and SK Hynix both plunged by nearly 9% each; together, the two accounted for most of the index’s decline. What’s interesting is that last Friday these two stocks had just staged a violent rally—Samsung rose 14% intraday, and Hynix even surged past 28%. Within a single week, the move went from a wild surge to a stampede of selling. This kind of volatility would be considered explosive even by global market standards. The fuse for this round of sell-off was quite clear: the South Korean financial authorities simultaneously released signals that they are mulling an "emergency measures power." The leverage multiple for single-stock leveraged ETFs could be directly squeezed down to 1.5x. At the same time, they also plan to raise investment limits and impose obligations for simulated trading. Leverage instruments were tightened; short-term funds scrambled for the exit. On the day, foreign investors net sold 28.3 trillion won, institutions followed with 19.5 trillion won, and retail investors alone stood guard with 46.5 trillion won in buy orders—simply couldn’t absorb it.
Are you brave enough to short Musk? A record-breaking bet! SpaceX (SPCX.US) bears bet $24.6 billion as its first earnings report and a $100 billion lock-up unwind arrive next week
Ahead of the first earnings release after SpaceX (SPCX.US) went public and the imminent wave of what will be the largest lock-up expirations in history, Wall Street bears are flooding into the Musk-linked public company drawing the most attention at an unprecedented pace. According to the latest data from S3 Partners, as of July 29, SpaceX’s short positions have surged to 219.3 million shares, accounting for about 34% of the publicly traded shares, with a notional value as high as $24.6 billion. This scale exceeds Tesla’s short positions, making SpaceX one of the largest U.S. companies being shorted most heavily.
How Sober Are the Divorces of the Top Billionaires? Chen Sung-ching’s Couple Publicly Announce Their Split, Exposing a Reality Ordinary People Can’t Understand Major news: On August 1, Beijing time, Tsai Ch’ing-hsing and his wife, Wu Ming-hua, officially announced a peaceful divorce through their spokesperson. The couple married in 1996 and have walked together for nearly 30 years—an almost 30-year marriage has come to an end.
No messy back-and-forth, no chaotic scramble over assets. Their public statements are dignified and restrained. They directly say that their feelings gradually faded over time, and that it’s now more suitable to be business partners. What’s most shocking is the asset arrangement: Tsai Ch’ing-hsing continues to run the Nets, while Wu Ming-hua retains her role as the owner of the New York Liberty. The two teams will still operate together. As for the Alibaba equity Tsai Ch’ing-hsing holds, it remains unchanged—there’s no selling or division of shares. For ordinary people getting divorced, the first things they worry about are usually property and savings. For business tycoon couples, the priority is preserving a stable business landscape. Marital status can end, but a business partnership worth billions can’t be broken. Feelings are feelings, interests are interests—the boundaries are clearly defined. Many people admire this level of “decency,” but behind it lies meticulous pre-marriage and during-marriage asset planning. While ordinary people talk about love, billionaires have already prepared risk backstops.
In your view, should adults prepare asset risk contingency plans ahead of time for marriage? $BNB
Turns out I’ve fallen behind for so long—I really don’t understand what’s actually the first choice for luxury car buyers with high net worth. In July, luxury cars worth over 700,000 sold the most by Huawei’s AITO brand (Zunjie), with that kind of clearly leading “number one,” far surpassing the number one—Mercedes-Maybach S-Class. So if people have money in the future, will they buy Zunjie or the Maybach? $BNB
From BitVM3’s technical advancement to the rollout of the developer ecosystem, and then to the expansion of cross-chain payment infrastructure, GOAT’s future roadmap is becoming increasingly clear
GOAT Network’s July update information is indeed substantial. From technical progress in BitVM3 to the rollout of the developer ecosystem, and then the expansion of cross-chain payment infrastructure, the future roadmap is becoming clearer and clearer.
BitVM3: shortening theoretical time by more than five years
BitVM3 is the most worth paying attention to technical advancement this time. The earlier BitVM design had been stuck on a core contradiction—if a dispute occurs, Bitcoin Script would need to rerun the complete zero-knowledge verifier, and the cost was so high that it was almost impractical. GOAT BitVM3’s approach is to separate the verification work from the Bitcoin mainnet, and handle the dispute outcome with a more compact on-chain rebuttal mechanism.
WLFI and Binance Square are going crazy! 20,000 USD1 + 600,000 $WLFI —5 days in a row, from August 4th to 8th. Just like that, they’re throwing it out—are you brave enough to come? If you come, they’ll give!
Keep an eye on livestream rooms broadcasting anything related to WLFI or USD1—whether it’s chatting, drawing lines, or posting screenshots. The organizers might burst in at any time to hand out red packets!
The event special has two rooms—CN and EN—both are set up. Here are the links. Go in now, set your alarms, and wait to claim red packets: https://app.binance.com/uni-qr/YbCEQcQf
Also, over the next few days, more surprises and red packets, giveaways, etc. will be released 💰. For details, check Twitter—go read the post by @mscryptojiayi. See you at Binance Square. Let’s see who’s fastest when the time comes!
30-year US Treasuries: some see it as a gold pit, others as a bottomless pit
Over the past two days, the yield on the 30-year US Treasury has touched 5.27%, the highest level since 2007. The 10-year yield has risen along with it to around 4.74%. So far in July it has surged by more than 30 basis points, recording the biggest July gain since 2005. With the same number, some people see it as a “gold pit,” while others see it as a “bottomless pit”—the two sides are arguing fiercely with each other.
Let’s start with the bullish case. Last week, JPMorgan directly moved its expected timeline for Fed rate hikes from the second half of 2027 to this December, and raised its target for the 10-year US Treasury yield at end-2026 from 4.70% to 4.85%; for the 30-year, it raised from 5.20% to 5.40%. This adjustment is very straightforward: the investment bank believes current yields are not the top, but the starting point of a new upward cycle. Gregory Peters, co-chief investment officer at PGIM, put it even more strongly—he believes a 30-year yield of 5.5% is what counts as “quite decent,” and that “this is only the beginning, not the end.”
How could it be played like this?! Jensen Huang reveals: after raising funding back then, NVIDIA realized the technology wasn’t good enough—so he went to a supermarket and spent $100 on three textbooks to learn on the spot and sell on the spot.
A company valued at tens of trillions of dollars—its technical foundation came from three textbooks priced at under $100 on supermarket shelves. This story was told in person by NVIDIA founder Jensen Huang himself, in front of the cameras at the 2026 Y Combinator Startup School. He said: "We started a company, raised funding, and then bought textbooks." The whole room laughed, but back in 1995, Jensen Huang couldn’t laugh. A group of people who couldn’t do 3D graphics started a 3D graphics company. Take the clock back to 1993. Jensen Huang and his two partners, Chris Malachowsky and Curtis Priem, finalized their startup plan at a Denny’s restaurant in San Jose, Silicon Valley.
No wrapping, no cross-chain, no custody—Babylon opens a new path for Bitcoin holders
Before Babylon Trustless Bitcoin Vaults (TBV), there’s one thing you need to figure out — Bitcoin’s situation in DeFi is actually rather awkward. Bitcoin is the world’s largest and most trusted crypto asset, but only about 1% of BTC actually goes into DeFi. The remaining 99% mostly just sits in wallets doing nothing. The reason is simple: if you want to use BTC for something, you either have to wrap it into a synthetic asset like WBTC, or go through a cross-chain bridge, or hand it over to a third-party custodian. Each of these three paths means you have to give up direct control of your Bitcoin.
CZ forwards TST-related content and says this dev is a scammer CZ on the X platform reposted BNB Chain content and said this guy is basically a scammer. Stay SAFU!
In earlier statements, BNB Chain said the TST address was created by a former employee and used in video tutorials to generate tokens. This person is no longer employed by the company due to this incident. After leaving, they still retain unauthorized access to the relevant mnemonic phrase and used it to generate new private keys. BNB Chain learned that the same address is being independently used to create a new Meme token. BNB Chain did not create, authorize, promote, or participate in the creation of this token, and cannot control the token or the wallet address; both are unrelated to BNB Chain and have not been recognized by it. BNB Chain is taking legal action against this former employee and is cooperating with the relevant authorities on the matter. $MEME
Defend Bitcoin! Michael Saylor: BIP-110 100% signaling within a specific window does not mean Bitcoin consensus Michael Saylor said in a post on the X platform that before block 961,632, BIP-110 signaling is voluntary. From blocks 961,632 to 963,647, the software will reject every block that did not signal. Any “100% signaling” shown during that window reflects this rule, not miners voluntarily supporting it or Bitcoin consensus.$BTC
Michael Saylor: BIP-110 Support Rate Only 2.54%, Cannot Reach Miner Consensus Strategy founder Michael Saylor wrote on the X platform that the support rate for BIP-110 in block 960,561 is only 2.54%. Out of 946 blocks, only 24 blocks emitted signals, and all signals came from DATUM miners sharing rewards via OCEAN. Signals outside of OCEAN were 0. The 55% voluntary threshold can no longer be reached, and this is not miner consensus. Saylor pointed out that OCEAN sets BIP-110 signaling as the default option; the BIP-110 guide directs node operators to Bitcoin Knots, and directs miners to DATUM. In practice, it functions as a vertical integration marketing campaign for Knots and OCEAN. $BTC
BNB Chain: Former employee used an unauthorized official test wallet to issue a new Meme token; legal action has been taken On August 1, BNB Chain’s official account stated that a wallet address, previously created by a former employee, was used by the employee to issue a token (Meme Coin TST) as part of a video tutorial. The employee is no longer employed by the company due to this incident. After leaving the company, the employee continued to retain unauthorized access to the relevant seed phrases and used them to generate new private keys.
BNB Chain has now learned that the same address is being independently used for activities related to a new Meme token (Meme Coin ASTEROID on BNB Chain). BNB Chain did not create, authorize, promote, or participate in the issuance of this token, and has no control over the token or the wallet address. These matters are unrelated to BNB Chain and have not been recognized or approved by BNB Chain.
BNB Chain is taking legal action against the former employee and is cooperating with relevant government authorities on this matter.
Earlier reports said that the BSC ecosystem meme coin ASTEROID reached a market value of $10 million within 4 hours of launch. $ASTER