NVIDIA Responds to Security Concerns: Chip Has No "Backdoor," No Risk of Remote Control

August 2nd. According to official channels, the U.S. Securities and Exchange Commission (SEC) announced that its Crypto Task Force will be visiting several cities in the United States in the upcoming months and hold a series of roundtable meetings. The purpose of these meetings is to offer more stakeholders in the crypto field the chance to have direct interactions with SEC Commissioner Hester Peirce. This event particularly extends an invitation to representatives from early-stage crypto projects that have fewer than 10 employees and have been established for less than two years, aiming to ensure a more comprehensive and diverse regulatory policy-making process. Commissioner Peirce expressed her expectation to receive feedback from those who were unable to attend the spring roundtable meeting in Washington earlier this year. She emphasized that the regulatory framework will have a significant impact on the industry. The SEC aims to achieve a more extensive outreach effect through ext

August 2nd: As per Fortune magazine, the cryptocurrency startup Subzero Labs has successfully completed a $20 million seed round of financing. This round was spearheaded by the crypto investment firm Pantera Capital, and it saw the participation of crypto venture funds Variant and Coinbase Ventures, as well as the crypto division of the high-frequency trading firm Susquehanna. Subzero Labs' Co-founder and CEO, Ade Adepoju, declined to reveal the company's valuation subsequent to this financing round. He mentioned that the transaction was finalized in the first quarter of this year and encompassed a combination of equity and token warrants (that is, allocation rights to future yet-to-be-released crypto tokens). Subzero Labs intends to launch a novel blockchain named Rialo, which is crafted for real-world applications. Rialo is not a conventional Layer 1 blockchain - in Adepoju's words, it is "neither Layer 1, 2, 3, 4, 5, nor 6", and he is hesitant to draw comparisons with exi

On August 2nd, according to official information, Binance has declared the official launch of the Binance Wallet web version - a browser-based decentralized wallet that doesn't require installation or extensions. Users are able to directly carry out on-chain transactions through the Binance website without any additional setup, making it immediately ready for use. The wallet has been integrated into the Binance homepage under the "Trade" tab, facilitating convenient access to various decentralized exchanges (DEX). The new wallet features the Secure Auto Sign (SAS) mechanism. This mechanism ensures asset self-management while enabling quick authorization and automatic transactions, which is suitable for high-speed markets like meme coins. SAS operates within a Trusted Execution Environment (TEE), guaranteeing that the private key remains local and inaccessible to third parties. In addition, the wallet supports seamless cross-device switching. Coupled with a secure QR code authorizatio

On August 1st, as per official information, Grayscale has made an announcement. Immediately, the distribution frequency of the Grayscale Bitcoin Covered Call ETF (with the ticker: BTCC) and the Grayscale Bitcoin Premium Income ETF (with the ticker: BPI) will be modified from monthly to twice a month. Both funds are set to target the 15th and the 30th of each month as the payment dates, and adjustments will be made in accordance with standard business day rules.

On August 1st, as reported by The Block, the US-listed company Mill City Ventures III announced on Friday that it is set to repurchase up to $500 million worth of SUI tokens. Previously, the company had entered into an equity financing agreement with A.G.P./Alliance Global Partners, enabling it to sell common stock to finance its cryptocurrency treasury strategy. This announcement comes after the news on Thursday - Mill City had already spent around $277 million to purchase more than 76 million SUI tokens. The transaction took place after Mill City officially became the Sui corporate treasury manager and completed a $450 million private placement. On Friday, Mill City stated that A.G.P./Alliance Global Partners had agreed to provide an equity financing facility, allowing the company to sell up to $500 million worth of common stock. Mill City said: "The equity financing does not involve any commitment fees, and all the proceeds from the financing will be utilized to advance the compan

On August 1st, as monitored by Whale Alert, an address that was holding 306 BTC (approximately $35.16 million) was just made active after having been dormant for 12.4 years.