Bitwise Chief Investment Officer: Even if the CLARITY Act does not pass this week, the crypto industry will continue to develop.
Bitwise Chief Investment Officer Matt Hougan said that even if the CLARITY Act fails to pass this week, the crypto industry will continue moving forward. The U.S. Senate is in recess from August 10 to September 11, leaving only about three days to advance the bill before lawmakers depart. Hougan argued that if Congress fails to pass the bill, the U.S. Securities and Exchange Commission (SEC) may address many of its issues through rulemaking. Rules issued by the SEC, led by Paul Atkins, in the short term could be more favorable to the crypto industry and innovation than a bipartisan bill, but the risk is that future administrations may appoint SEC chairs with different stances and reverse such policies. He noted that if the bill does not pass this week, it will enter a "zombie" state—possibly delayed until fall or winter 2026, or included in year-end omnibus legislation. Long-term uncertainty will continue to deter institutional investors from entering the crypto market on a large scale. Polymarket data shows the probability of the bill being signed into law by the end of 2026 is currently 23%, down from around 75% in mid-May. Hougan still believes Congress should pass the bill, calling it imperfect but helpful for protecting investors, improving ethics, boosting U.S. economic growth, and enhancing America’s competitiveness in on-chain finance.
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Trump says US-Iran talks are 'progressing very well', but Iran refuses to acknowledge it.
Despite repeated denials from Iranian officials, US President Donald Trump said Washington and Iran are holding "very good discussions". "We are having very good discussions. It’s a bit disturbing that they are unwilling to admit this," Trump stated in an interview with Fox News. "The only thing that matters is action. They want to reach an agreement, and we will wait and see. If they ultimately fail to reach an agreement, that would be too bad," he added. (Jinshi)
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Yesterday, U.S. spot Bitcoin ETFs posted a net inflow of $211.5 million, while U.S. spot Ethereum ETFs recorded a net inflow of $53.1 million.
According to Farside's monitoring, U.S. spot Bitcoin ETFs posted a net inflow of $211.5 million yesterday, while spot Ethereum ETFs saw a net inflow of $53.1 million.
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SlowMist: Keyv/Cacheable Ecosystem Hit by Large-Scale npm Supply Chain Attack, Over 2,000 Malicious Versions Identified
SlowMist has published a report detecting a large-scale npm supply chain attack impacting the Keyv/Cacheable ecosystem. Attackers have released over 2,000 malicious package versions in the ecosystem, including keyv@6.0.0. Keyv is a widely used key-value storage abstraction layer supporting backends such as Redis, SQLite, PostgreSQL, and MongoDB, with approximately 127 million weekly downloads, which could trigger widespread downstream supply chain risks. The attack method is highly similar to the previous Shai-Hulud npm worm activity, demonstrating the attackers’ strong automation and propagation capabilities. Potential malicious actions include credential theft, exfiltration of environment variables, leakage of CI/CD secrets, remote payload delivery, and lateral movement via infected development environments. Security teams are advised to immediately identify and remove affected versions, upgrade to verified secure versions, check dependency lock files and build logs, monitor for abnormal outbound connections, and rotate any exposed credentials. If an environment is suspected to be compromised, rebuild it from trusted sources.
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trade.xyz has acquired Unitree's code, and is expected to launch contract trading for Unitree Technology.
Trade.xyz purchased the code of Unitree (宇树科技) on HIP-3 for 565.54 HYPE, and may launch Unitree’s perpetual contract trading in the coming days. Earlier, HIP-3 decentralized exchange Paragon acquired Unitree’s code via auction for 577.66 HYPE, and has already launched pre-IPO perpetual contracts for the Chinese firm. Unitree is a leading civilian robotics company in China, set to hold an initial public offering (IPO) and list on the Shanghai Stock Exchange’s STAR Market. The offering will combine strategic placement, institutional offline issuance, and retail online issuance. The company plans to issue 40,446,434 shares, accounting for 10% of its total post-issuance share capital, bringing the post-issuance total to 404,464,340 shares. The preliminary inquiry date is August 5, 2026, and the offline subscription date is August 10, 2026. Unitree has a special voting right mechanism; its actual controller, Wang Xingxing, controls a total of 68.78% of the voting rights via the differential voting right structure.
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Samsung Electronics and SK Hynix are reportedly testing equipment from China's Advanced Micro-Fabrication Equipment (AMEC) to mitigate risks posed by U.S. export restrictions.
According to Reuters, three people familiar with the matter said Samsung Electronics and SK Hynix are evaluating etching equipment from China's Advanced Micro-Fabrication Equipment Inc. (AMEC) for use at their factories in China, to mitigate risks from further U.S. tightening of chip equipment export restrictions. The two firms began related tests around two years ago but have not yet decided to expand deployment. The sources added that Samsung and SK Hynix fear future restrictions could extend beyond new equipment to the maintenance, repair and replacement of existing Western-made equipment at their Chinese facilities, so they are eyeing Chinese suppliers as a backup option for maintaining and upgrading existing production lines, not for expanding production capacity in China. Samsung Electronics denied testing or considering using AMEC's equipment at its Chinese factories, while SK Hynix declined to comment. The U.S. revoked the "Verified End User" (VEU) status of the two companies' Chinese factories in 2025, and later issued annual licenses for them to import chip manufacturing equipment in 2026. Samsung operates a NAND flash factory in Xi'an, while SK Hynix runs a NAND plant in Dalian and a DRAM plant in Wuxi; these production lines currently rely heavily on etching equipment from U.S. firms such as Applied Materials and Lam Research. If AMEC's equipment is ultimately certified by Samsung or SK Hynix, it would represent a major commercial endorsement for Chinese semiconductor equipment manufacturers. Data from TechInsights shows Chinese equipment is typically priced 20% to 30% lower than comparable overseas products, but still faces barriers including longer certification cycles, smaller service networks, intellectual property concerns and political pressure.
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