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H100 increases its bitcoin holdings to 3,506 by acquiring Moonshot and PDI
PANews August 10 news, according to The Block, Swedish listed company H100 Group acquired Norwegian companies Moonshot and PDI through an all-stock deal. It added 2,455.7 BTC to increase its total bitcoin holdings to about 3,506 BTC, worth approximately $227 million at current prices. The transaction was paid for by issuing about 790.5 million new shares, diluting the original issued share capital by about 70%. The offering price of the new shares was 1.86 Swedish kronor per share, implying a total valuation of about 1.47 billion Swedish kronor (about $155 million). After the deal closes, H100 rose from the 42nd-largest publicly listed bitcoin holder to the 26th position, approaching large bitcoin vault companies such as Gemini. The company said the transaction structure both expands the size of its bitcoin treasury and increases the per-share bitcoin amount by approximately 5% on a fully diluted basis.
Wash completes divestment of all financial assets; ethics compliance certification officially signed
PANews August 10日消息, a government record shows that Federal Reserve Chair Wash has sold all of the financial assets covered by his pledged divestment. Last Thursday, Wash signed an ethics compliance certification with the government Office of Government Ethics, and the document was published on the office’s website on Saturday. Wash previously submitted a divestment proof to the ethics office, showing that he had sold most of his assets subject to the pledged divestment. The latest disclosure document indicates that he has sold his remaining holdings covered by the agreement. Wash is one of the wealthiest officials in the history of the Federal Reserve. He had pledged to divest his holdings in multiple investments; due to a confidentiality agreement, the underlying assets of these investments were not disclosed—some of which were worth at least $100 million.
Ethereum updates roadmap: Quantum security, privacy, and AI verification priorities significantly raised
PANews August 10 — Ethereum co-founder Vitalik Buterin has updated his 2023 roadmap against the current Strawmap, showing that Ethereum’s future development priorities have shifted significantly. First, he has moved quantum security sharply up to a top priority, including aggressive scaling and signature aggregation design under a post-quantum backdrop. Second, for the first time, strong privacy is set as a first-class goal, covering keyed nonces, recent state roots, privacy pools, and solutions such as “wormholes.” Third, leveraging AI-accelerated formal verification, the roadmap aims to “slim down” the specifications and introduces recursive STARKs as infrastructure in multiple places across the execution layer, consensus layer, and data layer. At the same time, new state types are introduced, along with native rollups, blobs, and gas futures, as well as a “post-EVM” design space aimed at new instruction sets such as leanISA and RISC-V.
GnosisDAO initiates a governance vote on whether the Gnosis App should be independently split off
PANews on August 10 reported that GnosisDAO is initiating a governance proposal GIP-152 on whether to split the Gnosis App into a separate company led by the original team. The proposal has been posted on Snapshot, and voting will close on August 12 at 14:19 (UTC). The required quorum for implementation is 75,000 votes. Community members can vote on Snapshot to decide whether to support separating the Gnosis App from the GnosisDAO ecosystem. The page display scheme is as follows: GnosisDAO will invest USD 1.5 million in cash and inject a product and IP valued at USD 1 million. Through a SAFE, it will obtain at least 25% equity under a post-money valuation of USD 10 million, while fully separating the Gnosis App from Gnosis Ltd’s annual budget of USD 3.1 million. The new company will focus on self-custody payments and the card business as the core of the Circles protocol. Over the next 18 months, most of the funding will primarily be used for the team, compliant operations, and customer acquisition. It will also continue to drive usage of on-chain and payment networks via Gnosis Pay and Gnosis Chain. The current snapshot voting results show that the yes votes account for approximately 66%.
Texas government of the United States: Meta Platforms commits to comply with data center standards
PANews August 10, 2024: The Texas government of the United States stated that Meta Platforms (META.O) has committed to comply with data center standards.
Data: Crypto industry losses of about $110 million in July due to hacker attacks
PA News August 10, according to The Block, Immunefi’s latest data shows that in July, the crypto industry suffered losses of about $110 million due to hacker attacks. The security platform paid approximately $2.32 million to researchers who discovered and confirmed vulnerabilities. The number of confirmed and paid vulnerability reports increased by 18% month over month. After reviewing 1,178 frontline audit reports, Immunefi found that the median number of critical or high-severity vulnerabilities was 0, while its organization’s 58 audit competitions averaged 6.2 severe vulnerabilities per event—higher than the 1.5 found in frontline audits. The report said the average cost of finding a critical vulnerability in audit competitions is about $6,548, significantly lower than private frontline audits at about $66,000 and the approximately $24.5 million loss caused by vulnerabilities being exploited by hackers first. In July alone, the bug bounty programs blocked 374 potential threats and paid researchers a total of $143.1 million.
a16z: 5 charts to understand crypto payment cards—stablecoins moving from the blockchain into real-world consumption
Written by: Robert Hackett, Ryan Holloway, a16z Compiled by: Luffy, Foresight News Stablecoins are increasingly being used for everyday purchases in the form of debit cards. Crypto payment cards are no longer a novel concept product. In fact, the total monthly spend in this sector has already surpassed $750 million. These crypto payment cards allow users to pay with cryptocurrencies directly at any offline or online merchant that supports traditional card networks. In the transaction backend, the crypto assets used by the user (the overwhelming majority of which are stablecoins) are converted into local fiat currency at the exact moment of checkout settlement. For the merchant receiving the payment, what they get is just a regular card transaction amount, with no awareness that crypto assets are being used behind the scenes.
Gate responds to abnormal volatility in TUT, Lobster, and BICO perpetual contracts: will provide full USDT compensation to affected liquidation users
PANews August 10 message: In response to the abnormally severe market volatility observed on August 9, 2026 in the TUT (TUTUSDT), Lobster (LobsterUSDT), and BICO (BICOUSDT) perpetual contract markets, Gate promptly initiated a special review and risk-control investigation. To protect users’ legitimate rights and interests, Gate will provide full USDT compensation to affected liquidation users who fall within the compensation scope. The platform has opened a dedicated handling channel. Affected users may contact Gate through official channels such as VIP account managers and online customer service. The platform will assist in implementing the compensation plan within three working days and distribute the compensation amount to users’ spot accounts.
Germany plans to push ECB president candidate Joachim Nagel, who once called Bitcoin "digital tulips"
PANews August 10 reports, citing Crowdfund Insider, that within the German government there is currently discussion as to whether to nominate the current governor of the German Federal Bank, Joachim Nagel, to serve as the next president of the European Central Bank (ECB) in case the current president, Christine Lagarde, may step down early. The news says that the finance minister, Lars Klingbeil, is inclined to support Nagel, but Prime Minister Friedrich Merz has not publicly stated his position yet. Nagel has served as governor of the German Federal Bank since 2022 and has repeatedly publicly criticized unbacked crypto assets, including Bitcoin, calling them "digital tulips." He opposes including Bitcoin in official foreign exchange reserves, and argues that external reserves should meet standards of safety, liquidity, and transparency. If he were to become the ECB president, observers expect him to continue taking a cautious approach toward stablecoins and crypto assets, and to further promote projects such as a "digital euro" to strengthen the euro area’s payment infrastructure and monetary sovereignty.
Strategy has sold a total of 6,948 BTC since the end of June, realizing a loss of approximately USD 93.12 million
PANews August 10, according to Yu Jin, Strategy (MicroStrategy) has sold a total of 6,948 BTC since the end of June, cashing out approximately USD 432 million. The average selling price is about USD 62.1 thousand, which is significantly lower than its estimated cost basis of about USD 75 thousand. The total divestment resulted in an overall realized loss of approximately USD 93.12 million.
CXMT TOP1 short has paid over $3.07 million in funding fees but remains deeply underwater
PANews, August 10: According to “Ai Yi,” the current #1 short address in the contract market of Changxin Memory (CXMT) holds a 10x leveraged CXMT short position with a notional value of $21.12 million. The entry price is $6.5, and based on the current price of $7.28, it is currently down by about $2.255 million. This address has already paid approximately $3.078 million in funding fees, has used over $40 million in margin, and its current liquidation price is $15.466. Overall, the position is still betting on a major drop in CXMT.
Microsoft plans to release its next-generation MAIA 300 AI chip in September
PANews August 10 news: According to The Information, after a slow start, Microsoft’s (MSFT.O) in-house artificial intelligence chip project is showing signs of recovery. Microsoft plans to release its next-generation MAIA 300 AI chip in September. Microsoft plans to increase its own usage of MAIA while actively pursuing large customers. Microsoft believes that the MAIA chip can run its in-house developed models and OpenAI models at lower cost. Microsoft will significantly increase the production volume of its AI chips. Microsoft has been in talks with TSMC (TSM.N) to secure production capacity for more than 300,000 MAIA chips, with delivery scheduled for 2027.
Hasett: Hopes Cook is not guilty; I will not take the Federal Reserve seat
PANews August 10 news: On Monday, Hasett, director of the National Economic Council at the White House, said he hopes that Federal Reserve Governor Cook is correct in claiming he is not guilty. In an interview, Hasett said, “This is a matter for law enforcement agencies; I will not comment on the details of the allegations against Cook.” When asked whether he might take over if Cook were ultimately removed from his position, Hasett said, “No, I assure you that won’t happen.” Hasett also said that if he were in the Federal Reserve, he would choose to keep interest rates unchanged or cut them, because there are too many supply-side drivers. He noted that recent inflation reports show that prices are easing. Hasett also mentioned Federal Reserve Chair Walsh, saying, “Walsh is well known for being independent.”
Chip materials company Discovered Materials completes $9 million seed round
PANews August 10 news: According to TechCrunch, materials startup Discovered Materials announced that it has completed a $9 million seed round, with investors including Lightspeed India Partners, Peak XV Partners, and angel investors such as Paul Graham, Gokul Rajaram, and Thariq Shihipar. The company was founded by Advaith Sridhar and Akash Ramdas. It uses a large-scale, Anthropic-based multi-agent system to generate candidate materials, and combines proprietary physics-based models for simulation-driven screening, focusing on semiconductor materials related to chip heating and heat dissipation. The team claims to have discovered several new materials whose performance can match mainstream chip materials. Next, it will apply for patents across GPU applications and process technology layers, and license them to chip manufacturers. Investors believe the current bottleneck lies in correctly filtering and synthesizing materials, rather than simply increasing the number of candidates.
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