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Tether CEO Paolo Ardoino, in an interview with The Block, responded to ongoing criticisms raised after KPMG U.S. completed its first full financial audit. He stated that some critics are unable to admit that their past judgments about Tether were wrong, and said, "Honestly, I don't care." Ardoino mentioned that Tether has repeatedly proven its resilience.He noted that in 2022, Tether processed $7 billion in redemptions within 48 hours, which was about 10% of its reserves at the time, and there was no pause in redemptions during that period. He believes that many traditional financial institutions would struggle to handle withdrawals of a similar scale in such a short time. He also stated that criticism itself is not a bad thing, as it makes Tether better and stronger. Even if some critics view it as a "villain," as long as Tether can continue to serve its claimed 650 million users who rely on USDT, especially in emerging markets, he does not mind.According to informed sources, Tether, as a private company, will not publicly share audited financial statements. The company plans to conduct a full audit once a year in the future while continuing to release quarterly attestation reports. Overall, the KPMG audit is an important step for Tether to enhance transparency, but controversies surrounding its reserves, disclosure levels, and systemic impact have not completely dissipated.

The Ukrainian government stated that the remaining Black Sea ports in the Greater Odessa region are essentially closed due to Russian airstrikes, and its planned agricultural exports may be halved, posing a risk to global food supply.

According to Bloomberg, the stablecoin payment company RedotPay has postponed its plans for an IPO in the United States. Sources reveal that the company previously aimed to complete its IPO as early as this year, but the listing date may now be delayed until next year or even later. RedotPay needs to obtain regulatory approval from the country where it operates before advancing its IPO, and the company is also facing related legal issues that need to be addressed.

Bitcoin News posted on the X platform stating that Trezor claims its customer data was exposed due to a security breach at the logistics provider ShipMonk. Customers who placed orders in the past 90 days in the United States, United Kingdom, Sweden, Colombia, Brazil, Italy, or Portugal may be affected. The exposed data includes full names, shipping addresses, phone numbers, email addresses, and order numbers.Trezor stated that its systems were not compromised, and the devices remain secure, but it warns affected customers to be vigilant against carefully designed phishing attacks that exploit the leaked information.

After the Coldcard hardware wallet firmware vulnerability was exploited, approximately 2,100 bitcoins were stolen, resulting in a loss of nearly $130 million. On-chain data shows that long-term holders transferred about 233,000 bitcoins from their wallets in the days before and after the incident, worth approximately $15 billion.Casa CEO Nick Neuman stated that some of the transferred funds came from Coldcard users migrating to multi-signature wallets, and Ledger and Trezor users also took similar measures after the incident. During the same period, about 22,000 bitcoins were transferred to exchanges. Coinkite has requested that users who generated recovery phrases using firmware versions 4.1 to 4.1.9 consider the related wallets compromised and immediately migrate to new recovery phrases. The aforementioned versions cover from March 2021 to July 2026.

According to RootData's tokenized asset data, as of the time of publication, Binance has launched 220 types of TradFi contract assets.Among them, the top three assets by depth ranking are XAG (Silver), SPCX (SpaceX), and CL (New York Crude Oil), with depths of $12.66 million, $9.47 million, and $8.41 million respectively;The top three assets by 24-hour trading volume are XAU (Gold), SKHYNIX (SK Hynix), and SPCX (SpaceX), with daily trading volumes of $1.79 billion, $1.61 billion, and $1.17 billion respectively.

CME Group announced that 24-hour trading for silver will start on September 11, expanding the around-the-clock trading range to 100 ounces of silver futures.

According to Websea news, the platform launched gold XAU and silver XAG CFD contracts on August 11, both supporting a maximum leverage of 500 times.Among them, XAU and XAG correspond to the international trading codes for gold and silver, respectively. Users can participate in precious metal price fluctuations through USDT-denominated CFD contracts without actually holding the underlying assets.Websea stated that in the future, it will continue to expand more CFD trading varieties based on market demand, liquidity, and risk assessment. Relevant contract parameters will be dynamically adjusted according to market risk conditions, subject to the platform's announcements.

The gold and silver markets remain high and volatile, with trading activity in the metals sector continuing to rise. According to market data from the Gate platform, gold (XAU) is currently priced at $4370.36, with a 24-hour increase of 0.26%; silver (XAG) is currently priced at $64.60, with a 24-hour increase of 0.56%. According to CoinGlass data, the open interest for Gate XAU (gold) contracts has reached $373 million, ranking second in CEX; the open interest for Gate XAG (silver) contracts has reached $80.61 million, ranking third in CEX.

The perpetual contract DEX Extended, developed by the former Revolut team, has announced the results of its points program update, excluding 5,038,989 points generated through non-natural or manipulative activities. This adjustment covers 4,017 affected accounts and 35 identified Sybil operations and other prohibited behaviors.After the update, the total amount of the points program is 64,673,031 points (as of August 10, 2026). The excluded points have been returned to the program budget, available for genuine participants to continue earning. The total allocation cap for the points program remains no more than 70 million.The review scope includes cross-account wash trading, self-referral, Sybil wallet groups, and coordinated multi-account activities, with adjustments made based on the quantitative rules under the points program terms.

According to Onchain Lens monitoring, a certain whale transferred 500 bitcoins to FalconX, worth approximately 32 million dollars; transferred 274 bitcoins to the Cumberland over-the-counter trading desk, worth approximately 17.5 million dollars.Additionally, 500 bitcoins were transferred to a new address, possibly to be transferred next to Galaxy Digital. The total value of the above transfers is 81.5 million dollars.

OpenGradient co-founder Matthew posted that his market maker (MM) team's funds on the BitMart trading platform are currently unable to be withdrawn, with the reason suspected to be related to the platform's insolvency. Matthew stated that BitMart still required token holders to lock their assets on the platform a week before halting related services, an action that he described as "shocking."He believes that BitMart's previous push for users to lock their assets was essentially just to gain liquidity. Currently, BitMart has not responded to these related accusations. This incident has raised community concerns about the security of funds on centralized trading platforms, asset custody, and liquidity management risks.

A wallet security incident involving approximately $130 million in Bitcoin losses is reigniting discussions in the crypto industry about asset custody models: should Bitcoin holders rely on personal self-custody or turn to institutional custody? Hardware wallet manufacturer Coldcard had a vulnerability in its firmware in 2021 that led to some mnemonic phrases generated by the device being predictably risky. This vulnerability was discovered years later, and approximately 5,200 addresses and about 2,000 BTC have been stolen, with losses amounting to around $130 million.After the incident, some investors began to turn to Wall Street custody products. Data shows that the U.S. spot Bitcoin ETF saw a net inflow of about $626 million within days of the incident. Bloomberg ETF analyst Eric Balchunas stated that such security incidents could further drive funds into ETFs. However, the Bitcoin core community still insists on the self-custody concept. Casa co-founder Jameson Lopp stated that recent events should not undermine users' confidence in self-custody and pointed out that third-party custody also carries risks. Bitcoin Core early developer Peter Todd also believes that self-custody has a better long-term safety record than centralized institutions.Onramp co-founder Michael Tanguma believes that both options have flaws. He stated that concentrating a large amount of assets in a single institution creates a "honey pot," while hardware wallets face risks related to supply chains, firmware, and random number generation. Tanguma proposed a "multi-institution custody" solution, where multiple regulated institutions hold keys through a multi-signature mechanism, requiring multiple institutions to jointly sign any transaction to reduce single points of failure. However, this model has also sparked controversy. Critics argue that while multi-institution custody enhances security, it also introduces permissioned management, conflicting with the decentralized ideals originally pursued by Bitcoin. As Bitcoin gradually enters the fields of pensions, trusts, and institutional asset allocation, the industry is seeking new custody solutions suitable for long-term wealth management. The Coldcard vulnerability incident once again highlights that achieving a balance between security, decentralization, and usability remains a core challenge facing the Bitcoin ecosystem.

According to Livecoins, Brazil's Superior Court of Justice (STJ) rejected the release request of the suspect Luccas, maintaining his detention in São Paulo state. The case involves a large-scale fraud against the technology company C&M Software, with the suspect accused of illegally accessing the company's clearing system to steal approximately 813 million reais (about 160 million USD).The criminals dispersed the funds into nearly 300 fake bank accounts to increase tracking difficulty, and then exchanged the reais for BTC and USDT through multiple blockchains, attempting to cover up the illegal source of funds, constituting money laundering. The main attack occurred in June 2025, with the criminal organization having clearly defined roles (including transfer operators and cryptocurrency fund managers) and bribing internal company employees to assist in cracking the server passwords. The first-instance judge has ordered the arrest of the suspect and about 20 other individuals involved in the case, with the arrest warrant executed at the end of October.

The Federal Security Service of the Russian Federation (FSB) conducted raids on 9 unregistered cryptocurrency trading service providers in Moscow, claiming they were suspected of transferring funds obtained from fraud abroad through cryptocurrency assets, and detained more than 20 employees at the Moscow International Business Center.The FSB stated that these exchanges converted stolen funds from Russian telephone scam victims into cryptocurrency and transferred them to accounts they referred to as Ukrainian processing parties. The operation was carried out jointly by the FSB and the Russian Ministry of Internal Affairs. The Russian Ministry of Internal Affairs has initiated a criminal investigation into large-scale fraud, which under Russian law can carry a maximum sentence of 10 years in prison. The FSB stated that it is continuing to identify victims and assess potential compensation.

According to Gate market data, the spot silver has increased by 2.97% today, currently priced at 63.30 USD/ounce.

According to OnchainDataNerd monitoring, Amber Group (@ambergroup_io) related addresses withdrew approximately $9.97 million in assets from Binance 10 hours ago, involving five types of tokens.This withdrawal includes 38.89 million ENA (approximately $3.58 million), 28,262 AAVE (approximately $2.52 million), 1,140 ETH (approximately $218,000), 2,017 BNB (approximately $120,000), and 59,202 LINK (approximately $490,000).

U.S. Senator Elizabeth Warren has requested the U.S. Department of Commerce to explain its policy towards the UAE, which involves granting the UAE-related entities more access to AI chip exports after the UAE invested in the Trump family-supported cryptocurrency project World Liberty Financial.In a letter to Commerce Secretary Howard Lutnick, it was mentioned that an entity in Abu Dhabi invested $500 million in World Liberty Financial in January; another UAE-related company used World Liberty's USD 1 stablecoin to complete a $2 billion investment in the cryptocurrency exchange Binance. The U.S. Department of Commerce previously reclassified the UAE to Country Group A:5, allowing it to receive more license-free exports, including advanced chips. The department also stated that it would "actively review" license applications for exporting chips and servers to the UAE entity MGX involved in the $2 billion investment in Binance.Warren stated that the actions of the Department of Commerce raise significant questions about how the President's cryptocurrency business interests may affect institutional operations and national security. In June, several senators, including Warren, requested a hearing on the $500 million transaction involving World Liberty Financial.

According to Techcrunch, the meteorological technology company WindBorne Systems has completed a $37 million Series B financing round, co-led by Khosla Ventures and Galvanize, with a post-money valuation of $250 million.The company uses long-duration balloons to collect meteorological data and integrates it into AI prediction models. Currently, there are 20 launch sites globally, with approximately 600 balloons operating in the air. The main clients are government agencies, and this round of funding will be used to expand the commercial team and develop business with private sector clients such as investment funds. Through AI-powered weather forecasting, it serves multiple industries including finance and agriculture.