MiniMax will be added to the HKEX Tech 100 Index and other indices today, lifting Hong Kong-listed AI stocks at the start of trading.

According to official announcements, Bithumb will list the TRB/KRW trading pair.

The cross-chain bridge connecting the XRP Ledger and Coreum was hacked on August 9, with attackers exploiting a vulnerability to steal approximately 199,916 XRP, reducing the bridge’s asset balance from roughly 200,410 XRP to just 493.5 XRP. Analysis indicates the attack targeted neither the XRP Ledger itself nor involved any private key leaks, instead exploiting a flaw in the Coreum cross-chain bridge’s validation logic. The attackers forged fake deposit operations, tricking the bridge system into recognizing them as legitimate deposits, which triggered the other end of the bridge wallet to send actual XRP to the attackers. On-chain data shows the attackers completed the fund transfer in 97 minutes via 94 multi-sig authorization transactions. These transactions required 17 out of 28 relay node keys to sign off, meaning the attackers successfully bypassed the bridge system’s validation mechanism. As of August 11, the Coreum cross-chain bridge remains suspended, and the Coreum Development Foundation has not yet released an official incident report. The incident affected third-party cross-chain infrastructure, not a vulnerability in the XRP Ledger protocol layer, and the security of the XRP mainnet and user private keys was not compromised.

AI security startup Attestable announced its official launch and a $20 million seed round funding. The round was led by Jamin Ball of Altimeter Capital and Yonatan Mandelbaum of TLV Partners, with participation from firms including Halcyon Futures, Cerca Partners, and several individual investors. Attestable founder Yogi stated that as AI increasingly integrates into critical infrastructure, national security, and large enterprise systems, verifying the trustworthiness of AI operations has become a key global issue. The company aims to build a universal verification layer for cutting-edge AI labs, critical infrastructure, and national-level applications. According to the introduction, Attestable uses Zero-Knowledge Proof (ZKP) technology to shift trust in AI systems from data centers to mathematical verification mechanisms. This technology can confirm that an approved model, its weights, input data, and operational policies indeed generate specific outputs, without disclosing model parameters or user privacy data, and verification can be completed without re-running the model. Attestable noted that its technology has now achieved verification inference of Meta’s Muse Glimmer 30B model on a single NVIDIA H100 GPU, reaching a speed of 85 tokens per second. The generated proof is small in size, features quantum-resistant security, and enables fast verification. In response, Ethereum co-founder Vitalik Buterin published a post stating that this achievement brings the performance overhead of zero-knowledge proofs for large language models (LLMs) close to single-digit levels. He added that the next challenge is to further reduce the performance costs of technologies such as Fully Homomorphic Encryption (FHE).

According to Bitget market data, spot gold rose 1% intraday, trading at $4,411.72 per ounce.

The U.S. Bureau of Labor Statistics (BLS) will release July CPI data at 8:30 PM Beijing Time tonight. The Dow Jones consensus forecast projects a 0.1% month-over-month rise in headline CPI, a 0.2% month-over-month increase in core CPI, and year-over-year gains of 3.4% and 2.5% respectively. Both figures are down 0.1 percentage points from June, yet remain well above the Federal Reserve’s 2% inflation target. Currently, traders are pricing in roughly a 50% chance of a September rate hike, meaning tonight’s data will directly tip the balance. RSM chief economist Joseph Brusuelas noted that if the data meets expectations, two consecutive months of moderate inflation readings will give the FOMC more time to assess, adding: “The committee will remain on hold for the rest of this year.” In June, headline CPI fell 0.4% month-over-month while core CPI was flat, driven by lower energy prices and moderating housing costs. If July’s data beats forecasts, the landscape will shift quickly. Bank of America forecasts that if the Fed’s key inflation gauge averages a 0.25% monthly rise over the next two months, a September rate hike is almost guaranteed; if the average is below 0.2%, a hike may be delayed; if it lands between 0.2% and 0.25%, the September decision will be a toss-up. At the July FOMC meeting, three members voted for an immediate 25 basis point rate hike, and Governor Cook recently said he would view a rate hike as necessary if inflation data does not align. Markets also assign a higher probability to rate hikes in October or December. The final outcome hinges on the policy stance of Waller – whether he is truly willing to pull the trigger on a hike, or if his dovish remarks at the July press conference better reflect his policy views.

Goldman Sachs believes the macro narrative surrounding AI capital expenditure (capex) is being amplified by the market. As the Q2 U.S. earnings season draws to a close, large tech firms continue to increase their AI infrastructure investment, while investors keep trading around data centers, chips, cloud services, and power demand. However, Goldman economist Jessica Rindels notes that AI capex’s direct contribution to U.S. GDP may not be as large as the market expects. The bank’s core view is that many AI devices are imported and not fully reflected in U.S. GDP statistics; meanwhile, the transmission of AI-related activities to economic data is incomplete. Goldman estimates that when factoring in AI investment’s crowding-out effect on other capital expenditures, stock market wealth effects, and rising costs such as electricity prices, AI-related factors will contribute a net impact of only around 0.1 percentage points to U.S. GDP growth in 2026.