According to encryption journalist Eleanor Terrett, the Trump administration is weighing the bipartisan ethics counter proposal put forward by Senator Tillis and Congressman Gallego, which grants state attorneys general the power to sue the Department of Justice for failure to enforce ethics laws. The Clarity Act has been reviewed by a Senate committee and includes a compromise clause on stablecoin earnings, with its progress depending on the White House's response to ethical proposals. If an ethical compromise is reached, the Clarity Act is expected to advance, providing exemptions from bank secrecy laws for non custodial developers; Otherwise, it may trigger some provisions of the GENIUS Act, leading to increased uncertainty in stablecoin regulation.

Galaxy Research research shows that the Coldcard vulnerability resulted in 1196 addresses being cleared, causing a loss of over 1082.65 bitcoins worth over $70 million. The attack occurred within 41 minutes and was about 30 hours earlier than Coldcard's public warning.

According to The Wall Street Journal, OpenAI may postpone its IPO until next year.

According to Bits media, the Russian government will ban cryptocurrency mining in eight districts of Moscow, Moscow Oblast, and Kursk Krai starting from August 15th, and the ban will continue until December 31st, 2032. The restriction scope includes 8 districts of Kursk Oblast and Ligov City, and applies to local residents participating in activities such as mining pools. The relevant regulations were signed by Russian Prime Minister Mikhail Mishustin and published on the official legal information portal website of Russia.

[U.S. and Japan Jointly Intervene in Forex Market for the First Time in Nearly 30 Years, Planning to Purchase $5 Billion to $10 Billion Worth of Yen] According to the Financial Times, the U.S. Treasury and Japan have jointly intervened in the yen exchange rate by directly purchasing yen to support the currency. This marks the first time in nearly 30 years that the U.S. and Japan have taken such joint action. The New York Federal Reserve executed the operation on behalf of the U.S. Treasury by selling euros to purchase yen, with the transactions carried out by Goldman Sachs and Morgan Stanley. During a Trump Cabinet meeting at Camp David, U.S. Treasury Secretary Besent's notebook revealed plans to purchase $5 billion to $10 billion worth of yen. A spokesperson for the U.S. Treasury declined to comment on the contents of the memo or whether intervention actions had been taken that day. (Jin10)