U.S. Federal Reserve Bank of St. Louis President: Hopes the Fed will raise interest rates gradually and modestly as soon as possible.

According to PeckShield’s statistics, the crypto industry faced 30 major hacking incidents in July, with total losses exceeding $210 million, a 177.2% month-over-month increase from the $75.87 million in losses recorded in June. The attack on cold wallet Coldcard alone resulted in over $70 million in losses, marking it the third-costliest hacking incident of the year to date.

Industry sources disclosed that Changxin Memory’s LPDDR6 (6th-generation low-power double data rate memory standard) is approaching the final phase of R&D verification, a key milestone ahead of mass production. As early as March this year, market reports noted that Changxin Memory, a subsidiary of Changxin Technology, was actively advancing the commercialization of LPDDR6 products and had already sent samples to core clients, with an anticipated launch and mass production integration in the second half of 2026. Relevant details show that Changxin’s first LPDDR6 product has a designed speed of 12800 Mbps, a base operating speed of 10667 Mbps when paired with SoCs (system-on-chips), a die capacity of 16Gb, and adopts 1295-ball POP (package-on-package) packaging. It delivers notable improvements over LPDDR5X (an enhanced version of LPDDR5) in low-power design and RAS (reliability, availability, serviceability) functions. (Yicai)

According to analyst Jukan, the union at Micron Taiwan, China is considering a strike over bonuses that are lower than the levels offered by Samsung and SK Hynix.

According to on-chain analyst Ai Yi (Twitter handle @ai_9684xtpa), two new addresses have accumulated a total of 18,914.13 ETH over the past 10 hours, worth $35.2 million at an average acquisition price of $1,861. Based on their FalconX transaction records, the two addresses are suspected to belong to Bitmine.

Decentralized AI data network Perceptron Network has completed a $6.5 million strategic funding round, with participants including Sigma Capital, Selini Capital, QCP Capital, P2 Ventures, CoinDCX Ventures, Momentum6, DeFi Capital, Walrus Foundation, Aethir, Colosseum, GuruDev Capital, Tempo Finance, NewTribe Capital, Digital Consensus Fund, and CodeCraft Capital. The round will be used to support the launch of Perceptron’s data exploration platform, expand its contributor tools and reward infrastructure, and scale the network to its target of 5 million nodes. Perceptron aims to integrate global data collection into a single contributor network, enabling AI companies and regular contributors to access, verify high-quality datasets, and monetize them. The network is now live and already boasts over 700,000 nodes.

Bitcoin traded largely stable in July, though it fell over 3% on the final day due to the FOMC effect, still notching a 7.51% monthly gain. Looking ahead to August, Bitcoin’s historical August performance since 2013 shows 9 down months and 4 up months across 13 instances. While the average monthly return stands at 1.12%, the median return is only -7.49%. The largest monthly gain occurred in August 2017, when Bitcoin rose 65.32%, while the steepest drop took place in August 2015, with an 18.67% monthly decline.