Spark and Uniswap jointly launch stablecoin swap system "FX Layer"

Ethereum co-founder Vitalik Buterin has published a post noting that MiniMax H3 is the first open-source video model to surpass Tencent’s HunyuanVideo 1.5. He also affirmed the latter’s long-standing leading position. MiniMax H3, an open-source multimodal video generation model launched in August 2026, supports unified inputs of text, images, video and audio, and can produce 15-second 2K videos with native stereo, ranking first in video editing benchmarks.

Crypto asset management firm Bitwise’s Chief Investment Officer Matt Hougan said that if the Clarity Act fails to pass this week, the market may experience short-term volatility but will prepare for a rebound in the fall.

Ethereum co-founder Vitalik Buterin published a post noting that Signal recently announced it is exploring enabling users to register accounts without a phone number. He welcomed the move, stating it helps reduce reliance on the highly oligopolistic phone number system, lowers identity security risks stemming from SIM swap attacks, and makes it harder for governments to pressure Signal to ban local users on nationality grounds. Vitalik also pointed out that while this measure is superior to the status quo in privacy protection, it only delivers "confidentiality" rather than true anonymity, as metadata such as message send time, frequency, and recipient could still be used to piece together identity links. He argued that with the advancement of AI technology, long-term persistent anonymous accounts have become outdated, and the only defensible form of privacy is "unlinkability per message"—meaning no one except the communicating parties knows their identities. This direction is currently being explored and advanced by emerging communication tools like Session and SimpleX, as well as mixnet projects. Additionally, protection against spam and denial-of-service attacks will also be a key priority to address moving forward.

Following the release of non-farm payroll data, Bitget’s market data shows the US Dollar Index (DXY) dipped nearly 30 points in the short term to 99.67. Spot gold rallied around $40 in the short term, hitting $4,351.43 per ounce. Per HTX’s market data, Bitcoin saw a short-term spike followed by a pullback, currently trading at $65,078.77.

U.S. interest rate futures market pricing indicates that a 28 basis point rate hike is expected by December, down from the 32 basis point projection prior to the release of non-farm payrolls data. Additionally, July’s non-farm payrolls data came in weak, driving a sharp surge in U.S. Treasury prices.

After the release of U.S. non-farm payrolls data, U.S. stock index futures rallied sharply: Nasdaq futures rose 0.79% on the day, S&P 500 futures gained 0.39%, and Dow futures advanced 0.27%. Meanwhile, U.S. Treasury prices surged, with the yield on the 10-year U.S. Treasury note down 4.29 basis points to 4.627%. Non-U.S. currencies generally strengthened, and the U.S. dollar weakened 80 points against the Japanese yen in the short run, trading at 157.72.