Arthur Hayes stated that it is expected that Bitcoin will soon experience a parabolic rise, and the price of BTC will quickly rise to hundreds of thousands of dollars. Now is the time to hold BTC, and it is recommended to buy on dips while there is still time.

According to data from The Block, the daily trading volume of the centralized cryptocurrency exchange (CEX) doubled to $37 billion within five days, but still remains below the peak of $105 billion set on October 10, 2025. The CEX trading volume has reached $490 billion so far in August, lower than the $670 billion in July. Spot ETFs and digital asset treasuries have dragged down CEX trading volume, with demand for altcoins flowing towards CEX. Bitcoin and Ethereum rose by over 23% and 30% respectively last week, and the market value of altcoins has increased by about 13% over the same period. DEXs such as Hyperliquid and Lighter are diverting CEX trading volume.

According to PeckShield monitoring, the attacker from Term Labs deposited 300 ETH worth approximately $741000 into Tornado Cash.

According to Bloomberg, Chinese hackers have more than doubled their attack frequency after integrating open-source AI such as DeepSeek into their operations. （Cointelegraph）

The US demands that South Korean companies build storage semiconductor production facilities in the US and ensure supply, and expresses dissatisfaction with South Korea's promotion of the 80 trillion Korean won Hunan semiconductor cluster plan. During his visit to the United States, Minister of Industry, Trade and Resources Kim Jong Guan was involved in relevant discussions. The South Korean government believes that the US demand is independent of the $350 billion investment arrangement between the two countries, and plans to announce its first investment project in the US in September. South Korean semiconductor companies are concerned about the double burden of undertaking US factory requirements while promoting the Hunan cluster. Foreign Minister Zhao Xian had a phone call with US Secretary of State Rubio to exchange views on US investment and bilateral relations.