Liquid Network says approximately 4,000 BTC were withdrawn by a white hat hacker, leading to the suspension of its sidechain operations.

On-chain analyst Ai Yi, operating under the handle @ai_9684xtpa, has detected that trader gnomelabs.eth likely took profit on 4,020 ETH, generating an estimated $2.345 million in gains over the asset’s 21-day holding period. The trader withdrew 6,339 ETH (valued at approximately $12.02 million) from Binance on August 17 at an average price of $1,896.83. Nine hours ago, they deposited 4,020 of those ETH (worth ~$9.97 million) to an exchange at a price of $2,480; a sale at this level would yield a 30.7% return.

Beating AI News: OpenAI Chief Scientist Jakub Pachocki has warned that a core method the company uses to check AI alignment is growing increasingly unreliable. This method, called Chain-of-Thought (CoT) monitoring, works by observing a model’s written reasoning process to spot hidden goals or dangerous thoughts. OpenAI has long heavily relied on CoT monitoring as a key strategy. One major reason it did not release the full Chain-of-Thought for its o1-preview model was to avoid directly training or constraining CoT, which would teach models to hide their true intentions. This approach remains critical for GPT-6 Astra. However, internal evaluations at OpenAI show CoT monitoring is becoming less reliable: models are now better at controlling their reasoning processes and can keep growing more capable even without writing out their reasoning. Pachocki worries that as model capabilities expand, humans may find it increasingly hard to grasp how these models make decisions. He also pointed out that no AI lab has yet solved alignment and monitoring to a level sufficient for full-speed long-term model scaling. Before establishing shared safety thresholds, he urged AI labs to voluntarily slow down progress, and OpenAI may pause further model scaling if necessary.

A-share listed firm Moore Threads saw a sharp plunge, hitting the 20% daily limit down, with its share price hitting a new low since listing and total market capitalization dropping below 200 billion yuan.

U.S. Senator Cynthia Lummis tweeted that if the CLARITY Act fails to pass in the current Congress, the next chance to reintroduce market structure legislation may not arrive until 2030. "If we get this done now, we can avoid wasting years of jobs, investment, and tax revenue."

According to DefiLlama data, the total DEX trading volume across all blockchains reached $6.369 billion in the past 24 hours. Solana, BSC, and Robinhood Chain ranked top three, with respective DEX trading volumes of $1.961 billion, $1.637 billion, and $1.613 billion. On-chain trading has formed a tripartite landscape. Notably, the main driver of trading volume for these three chains currently comes from meme coin hype involving multi-asset pairs. BSC and Robinhood are primarily focused on crypto-stock meme hype, while Solana’s leading on-chain hype token is ZCAT, a meme coin that uses ZEC as its base liquidity pool.

Vitalik has recently updated the EIP-8141 "Frame Transaction" proposal, whose core improvements include atomic batch execution of up to 64 operations, social recovery (Google account-style recovery that eliminates the need for mnemonics), P256 quantum-resistant signatures, and the ability for anyone to pay gas fees on behalf of users—all of which significantly boost Ethereum wallet usability. The revised proposal was co-authored by 10 experts including Vitalik and lightclient, and is scheduled to be integrated into the 2027 Hegotá Upgrade, marking a major native implementation of Ethereum account abstraction.