區塊客

Author: Jae, PANews
In the height of summer in July, RWA (real-world assets) became the hottest narrative in the crypto market. On-chain scale reached a historic high of $32 billion, up about 22% from the beginning of the month, surpassing the previous peak set in April this year.
While the industry is celebrating how the RWA tokenization market has surpassed a scale of $30 billion, a set of DeFi utilization data reveals the structural difficulties behind its flourishing appearance. Currently, nearly 90% of on-chain RWA remains unutilized, with no participation in DeFi activities such as lending or collateralization.
A severe mismatch between scale and activity level has become an unavoidable real question for the RWA track: once assets are put on-chain, then what?

Artificial intelligence (AI) is becoming a new tool for cybersecurity research, but it also exposes safety risks long hidden in the Bitcoin ecosystem. A team of 16 Bitcoin developers recently carried out a large-scale security audit using AI models and uncovered as many as 85 “critical vulnerabilities” out of 390 Bitcoin-related projects. The lead developer, Calle, who coordinated the effort, said bluntly: “The situation is very bad.”
This security audit action—seen as a health check of the Bitcoin ecosystem—mobilized 16 developers in total. Calle, an anonymous developer behind the electronic cash protocol Cashu, revealed that after the team used AI models to analyze Bitcoin wallets, cryptographic libraries, and various infrastructure components, they ultimately submitted 4,962 potential risks. These included 85 critical vulnerabilities and 635 high-risk issues.

Crypto market maker Wintermute has officially entered the traditional financial markets. The company announced Thursday that its subsidiary has registered with the U.S. Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) as a “broker-dealer.” Going forward, it will expand its business footprint, moving into trading stocks, options, commodities, and cryptocurrency ETFs, further driving the integration of traditional finance (TradFi) and digital asset markets.
Wintermute said that after obtaining broker-dealer credentials, the company can provide liquidity to U.S. securities exchanges as well as over-the-counter (OTC) markets. It can also trade stocks and options through proprietary trading accounts. In addition, the company can handle settlement services for digital-asset securities on its own and serve as an authorized participant for ETFs.

Bitcoin’s market is currently showing new buy-side signal. On-chain data indicates that large whales and major coin holders have been continuously accumulating recently; within just a few days, they have bought more than 20,000 BTC, worth about $1.2 billion. At the same time, U.S. spot Bitcoin ETFs this week have also attracted inflows of more than $750 million, suggesting that institutional demand is gradually picking up. To a certain extent, this has offset the disappointing sell pressure brought about by the (CLARITY Act) delay.
According to tracking data from the blockchain analytics platform Santiment, “whale-and-shark level addresses” holding between 100,000 and 1,000,000 bitcoins have absorbed more than 20,000 BTC since July 29. Based on current prices, this is worth approximately $1.2 billion.

Taiwan’s well-known virtual asset company BitoGroup has entered the “Healthy Aging Industry Expo” for the third consecutive year. As the only virtual asset exhibitor, Bito focuses on fraud-prevention issues for the elderly. According to analysis, the 55-and-over population shows the characteristics of “high assets and long periods of inactivity,” making them easy targets for fraud syndicates. To enhance the “fraud recognition” ability of the mature-age group, Bito held an online event called “Fraud Prevention Exam” to give away crypto-currency blind boxes worth tens of thousands. During the exhibition period from August 7 to 9, Bito’s booth features interactive anti-fraud challenge stations, where participants can win gold coin blind boxes worth a thousand New Taiwan dollars and “(W)h o s c a l l advanced version” redemption codes. The anti-fraud knowledge is integrated into everyday life.

The U.S. Cryptocurrency Market Structure Act (the CLARITY Act) has been confirmed as unable to be voted on before the summer recess of the Senate. However, industry insiders still expect that after the Senate returns to Washington in September, it can resume pushing for the bill’s review, with the goal of completing legislation this year.
(CoinDesk) Citing statements from multiple people who are watching the bill’s progress, they said that although the crypto industry originally hoped the Senate could extend the session to resolve disputes including the (CLARITY Act), due to continued major disagreements between lawmakers from both parties, the Senate ultimately decided not to hold a vote before the August recess.

A recent report from Wall Street investment bank JPMorgan Chase (JPMorgan Chase, “JPM” / the smaller Morgan) indicates that as regulated U.S. crypto perpetual futures trading platforms continue to rise, along with increasingly fierce competition in the prediction market, Hyperliquid’s market dominance may face mounting pressure. On the other hand, the recent influx of ETF funds into its native token HYPE has clearly cooled off as well, suggesting that market hype is starting to slow down.
In a report led by Nikolaos Panigirtzoglou, JPMorgan’s managing director, the analysis team said: “We believe the market share of decentralized trading platforms such as Hyperliquid is facing serious challenges. Whether HYPE has the potential to surpass other tokens like Solana (SOL) or Ripple (XRP) in terms of market cap in the future remains to be seen.”

By Nancy, PANews
On August 5, a wave of orange swept through social media, as many bloggers on X showed off their orange wallet IDs. It turned out to be “cyber living Buddha” Cloudflare, which launched its programmable wallet for AI Agents, Cloudflare Wallets, on the evening of August 4. Not only does it give Agents the ability to autonomously participate in online transactions, but it also brings the concept of crypto infrastructure one step closer to the mainstream.
At the same time, Cloudflare opened registrations for the cloudflare.pay wallet name, triggering an unexpected frenzy of Agent identity takeovers.
Programmable wallets for Agents, supporting small payments in stablecoins

By Jae, PANews
In the first week of August, mainstream stocks across the U.S. AI industry chain generally saw notable gains of more than 10%. Nvidia’s stock price continued rising for five straight days, and MicroView even notched nearly a 20% increase. After experiencing a “slip-up” in July, the AI industry-chain concept stocks finally regained their composure in the new month, recovering large swaths of lost ground.
However, this rapid rally is actually inseparable from the intense leverage cleanup in late July. At that time, both semiconductor and upstream compute-power-related stocks suffered significant valuation pullbacks, and the market was briefly filled with fears of a “bubble bursting.” The latest assessment by Qin Ziqiang, Morgan Stanley China’s chief economist, stated that recent volatility in the AI track was not due to a deterioration in fundamentals, but rather a temporary “half-time break” caused by crowded trading, big tech companies pulling cash from financing, and a convergence of expectations for rate hikes boosted by oil prices. This view also became a consensus among major Wall Street investment banks.

The U.S. Cryptocurrency Market Structure Bill (CLARITY Act) is entering the critical countdown—only two working days remain before the summer recess. Yet the Senate has still not indicated whether it will consider the bill, nor has it scheduled any voting timeline. Can the (Digital Assets Market Clarity Act (CLARITY Act)) be completed this year? At the moment, it seems there are still many uncertainties.
The Senate was originally scheduled to adjourn on August 7, but the session may be extended into next week. In theory, there is still time to hold procedural votes, and even after completing a full-chamber vote, to send the bill to the House of Representatives.
However, if the adjournment on Friday proceeds as planned, after the September resumption there would be only 14 working days left. What’s more, at that time lawmakers will also have to deal with other priority issues such as government funding and the Russia sanctions case, leaving little room to push the (CLARITY Act). In other words, the door for 2026 is very likely to close here.

Amid the ongoing slump in the cryptocurrency market, blockchain data analytics platform CryptoQuant has found that large whales are continuing to buy more Bitcoin, Ether, and Ripple (XRP) on the dips, preparing for the next market cycle.
CryptoQuant noted that current market activity suggests the bear market may be nearing its end, but a price bottom has not yet been confirmed, and further downside remains possible.
In a report, CryptoQuant research director Julio Moreno said: “Whether it’s Bitcoin, Ether, or Ripple, when the coin’s price approaches or falls below the realized price, the largest holder groups are often very active in picking up on the dips. This not only eases downside pressure in the market, but also matches the characteristics of the late stage of a downturn.”

A business dispute has erupted in the cryptocurrency payments sector. RedotPay, which describes itself as the world’s largest stablecoin payment card issuer, was recently sued in court by industry leader Binance, accusing RedotPay of maliciously poaching nearly 500,000 users, and seeking $470 million in damages.
In this regard, RedotPay, which is currently actively preparing for an IPO, says it has become aware of the legal lawsuit filed by Binance. It also emphasizes that the allegations are entirely baseless, and that it will “fight with full force” to clear the company and its founder’s names.
According to a report by Bloomberg, multiple Binance-affiliated companies have filed lawsuits in court, accusing RedotPay—headquartered in Hong Kong—and its co-founders of violating their cooperation agreements by diverting 470,000 Binance users to their own platform, resulting in Binance losses of $473 million.

The world’s largest corporate Bitcoin holder, Strategy, has seen its sustainable preferred shares, STRC, rebound strongly in recent times. With Bitcoin prices stabilizing and the company continuing to repurchase shares and expand its U.S. dollar cash reserves, STRC has rebounded more than 30% from its June low. The market is also once again focused on whether this preferred share can successfully return to its $100 par value.
STRC has rebounded more than 30% from its low. The latest price is around $94.
Stretch (STRC), the perpetual preferred shares issued by Strategy (stock ticker: MSTR), has been steadily rising recently. The current share price is about $94, and it rose another roughly 1% during Wednesday’s trading session.

Russian crypto-asset regulation enters a new phase. Russian President Vladimir Putin has officially signed a crypto-asset bill, for the first time clearly regulating market participants including exchanges, custody providers, broker-dealers, clearing institutions, and investors. It also allows retail investors to legally invest in crypto-assets within certain limits.
However, the bill also maintains the ban on using crypto-assets domestically as a means of payment or as legal tender, while allowing the use of crypto-assets for cross-border trade settlement, so they can continue to serve as an important payment channel in response to Western sanctions.

Author: Kurumi, encrypted city
Employees laid off before token unlock; more than 40 reportedly affected
Meme coin launch platform Pump.fun has been hit with allegations of layoffs before employees’ tokens are set to unlock. Some departing employees therefore lost access to substantial $PUMP token benefits, sparking questions about whether the company lowered the token spending it had originally promised employees through personnel adjustments.
According to internal recordings and documents obtained by the crypto outlet Sandmark, Pump.fun co-founder Noah Tweedale said during an employee meeting in March that the company’s headcount had rapidly expanded to around 100 this year, but that the rate of organizational growth was too fast and had affected the team’s ability to advance products in a flexible manner, so it was necessary to reduce staff. The report claims that several employees were subsequently laid off in April.

Author: Ariel, Crypto City
LAWSON rolls out a pilot for stablecoin payments in 3 types, supporting the MetaMask wallet (a fox wallet).
Japanese convenience-store giant LAWSON officially announced yesterday (8/3) that it will launch a stablecoin payment pilot in its stores. In addition to the previously planned yen stablecoin JPYC, it also includes the MetaMask cryptocurrency wallet, and supports the dollar stablecoins USDC and USDT.
This is after the July announcement that it would introduce JPYC payment messages; LAWSON has for the first time unveiled specific timelines and partnership details. The types of stablecoin payments have also expanded from a single yen stablecoin to multiple coin types and wallet tools.

On Tuesday, Bank of New York Mellon (BNY) announced a partnership with Galaxy, a cryptocurrency financial services company, to add crypto staking functionality to its digital asset custody platform, further expanding institutional-grade digital asset services.
Institutional clients can complete staking directly on the custody platform
Once it receives the required regulatory approvals, the new service will allow institutional clients to stake the digital assets held in custody directly through BNY’s platform.
Galaxy will provide the staking infrastructure and also serve as a design collaboration partner for BNY’s blockchain products, helping the bank continue to expand its blockchain financial services.

(CNBC) Financial commentator and “Madman of Wall Street,” Jim Cramer, has once again announced that he wants to liquidate his Bitcoin holdings. This time, his reason is his concern that “quantum computers” in the future may be able to break Bitcoin’s encryption technology, threatening asset security—and it seems he is determined to completely exit the crypto world this time.
However, Jim Cramer’s exit statement instead sparked cheers across the cryptocurrency community. Many investors believe this could once again become a so-called “Cramer Contrarian Indicator” signal.
In a recent interview last week with IBM CEO Arvind Krishna, Jim Cramer proactively asked: in the future, will quantum computers be able to break Bitcoin wallets and even steal holders’ assets? In response, Arvind Krishna said:

Prediction markets are now seeing an unprecedented surge of capital. (Bloomberg) On Tuesday, citing insiders, it reported that the prediction market platform Polymarket is seeking a new round of financing, targeting a valuation of up to $20 billion, reflecting its strong ambition to dominate the prediction market space.
Traditional financial giants move in, with annualized revenue surpassing $1 billion
Insiders said Polymarket only completed a funding round at a valuation of $15 billion this April, and also received a $600 million investment from the parent company of the New York Stock Exchange (NYSE) — Intercontinental Exchange Group (ICE). With support from traditional financial giants, Polymarket’s market position has become even more solid.

Global stock markets continue to rewrite record highs amid the AI boom, yet the cryptocurrency market appears especially quiet. Bitcoin today (5th) has continued to hover around $64,000. Even though optimism among investors’ risk appetite has warmed up and positives such as falling oil prices and declining U.S. Treasury yields have converged, they have still failed to pull buying back into the crypto market.
Going forward, investors will focus on whether the United States, Iran, and Oman can reach an agreement to reopen the Strait of Hormuz. Analysts point out that if this major geopolitical catalyst actually materializes, Bitcoin still may not be able to rebound effectively—potentially implying that the market’s buying focus has already shifted to other assets.