Blockchain Dead Box Attacks Increase by 420%, State Owned Actors Lead Activities

SkyAI holds over 2 million SOLs worth $220 million, and has transferred 568000 SOLs worth $63.87 million to the exchange in the past three days. Its average purchase price is approximately $194, and selling all of them would result in a loss of approximately $46 million. （Lookonchain）

Iranian financial figure Babak Zanjani used Binance to transfer $850 million in funds to establish a channel for Iran's Islamic Revolutionary Guard Corps to evade Western sanctions. The relevant network involves 21 accounts, of which 67 million US dollars flowed into wallets related to the Iranian Islamic Revolutionary Guard Corps. Tajikistan businessman Sukhrob Oimakhmadov received over 10 million US dollars in funds, with a transaction volume of nearly 830 million US dollars in the Zedcex account, of which 56 million US dollars were withdrawn to relevant wallets. Binance has restricted and cleared relevant accounts, and acknowledges that there are issues with internal processes. (Source: The Wall Street Journal)

Visa’s survey of 14,250 people found interest in stablecoin payments is growing, though only 6% of respondents correctly understood how they work.

Algorand Foundation CTO Bruno Martins announced his resignation on X platform, ending his nearly four-year term. Bruno Martins stated that he will continue to support the development of the Algorand community as a member, but did not disclose the specific reason for his resignation.

After expanding its stock repurchase authorization to $235 billion, Nvidia began emphasizing the use of free cash flow after deducting strategic purposes to reward shareholders, and external equity investments squeezed out cash available for repurchases and dividends. As of the first half of the fiscal year ending on July 26th, Nvidia had a net cash outflow of $35.2 billion from equity investments, $4.5 billion in cash withholding taxes related to employee stock ownership, and $9 billion in share buybacks to hedge against equity dilution expenses caused by equity incentives. If these expenses are included in the adjustment, Nvidia's free cash flow will decrease from the official statement of $69.9 billion to approximately $21.7 billion, a decrease of about 69%. During the same period, Nvidia added $24.9 billion in long-term debt. Wall Street expects Nvidia's free cash flow for fiscal year 2028 to exceed $330 billion, but if strategic investments continue to expand, the actual cash available for shareholder returns will be lower than traditional levels. There is a capital cycle between Nvidia's investment in AI companies such as OpenAI and Anthropic and its chip sales.