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According to a report from the Beijing Daily client, the Market Supervision Administration of Haidian District, Beijing, investigated and handled the city's first illegal case of assisting pyramid schemes using blockchain and virtual currency technology, resulting in a technology company being fined and confiscated a total of over 930,000 yuan.The technology company involved is an outsourcing service provider for a certain public blockchain, offering support such as operations, market services, publicity and promotion, exchange docking, and maintenance. This public blockchain launched the "Atomic Plan" and "Hathaway Plan," which are centered around recruiting people for rebates, using the number of recruited individuals as the basis for rebates, and requiring participants to invest funds to obtain membership qualifications. Despite being aware of the pyramid scheme applications associated with this public blockchain, the involved company continued to provide technical operations, external publicity, and maintenance of virtual currency trading channels, facilitating the flow of funds and the spread of activities related to the pyramid scheme.Ultimately, the pyramid scheme activities of this public blockchain were investigated by public security authorities, the organizers were criminally detained, and the involved technology company was administratively punished with a total fine and confiscation of over 930,000 yuan for providing facilitative conditions.

According to Decrypt, Greek prosecutors have accused a cryptocurrency Ponzi scheme of defrauding approximately $8 million from around 10,000 investors. Nine suspects, including two Greek soldiers, were questioned by investigating judges on Monday.The police have arrested 17 people in connection with the case, stating that the organization operated as a Ponzi scheme and promoted investments in cryptocurrency through its controlled platform. The related charges have not yet been adjudicated in court, and the data comes from the police rather than the indictment documents.Reports indicate that the organization recruited participants through a local civic group. A 44-year-old man, who leads the Katerini Artificial Intelligence Enthusiasts Association, has been remanded in custody, while six others have been released under restrictions, with bail set between €15,000 and €20,000.Investors were encouraged to invest at least €800, while VIP investors were required to invest €5,000, with promises of doubling their funds. In Katerini alone, investigators estimate that the organization recruited 1,842 members, collecting approximately €2 million.

The WeChat Security Center has released a governance announcement regarding the crackdown on organizers and promoters of illegal activities such as pyramid schemes and fraud. Recently, some black and gray market accounts have falsely claimed to be "national projects," "ethnic asset unfreezing," and "blockchain virtual currencies, stablecoins," using high returns as bait to lure users into groups and implement pyramid-style "referral" schemes. Subsequently, they induce users to input their account passwords and download fraudulent imitation apps through forged links, ultimately committing property fraud or account theft.WeChat officials stated that once verified, they will take tiered penalties against violating accounts based on the severity of the circumstances, in accordance with relevant laws and platform regulations. This includes banning community functions, restricting feature usage, and permanently banning accounts. They also remind users to be wary of Ponzi schemes that claim to be associated with blockchain but lack substantive technology and applications, and to avoid participating in paying entry fees, developing downlines, and downloading applications from unofficial channels.

According to Catcher Predict monitoring, in the market prediction event on Polymarket "LoL: Arctic Pandas vs Pyramid IV Esports - EMEA Masters Group A", the "Yes" option win rate in the sub-market "Both sides kill Baron" has experienced a sharp fluctuation, soaring from 50.5% an hour ago to the current 90.5% (a fluctuation of 40%). Please note the impact of related breaking news.

Sources reveal that Microsoft (MSFT.O) and OpenAI are facing lawsuits again over AI copyright issues.

Market news shows that OpenAI and GitHub have won the copyright lawsuit regarding AI programming tools.

According to The Verge, Sony Music Publishing and Warner Chappell Music have filed a lawsuit against Anthropic in the U.S. District Court for the Northern District of California, seeking damages for "tens of thousands" of copyrighted works. They accuse Anthropic of illegally downloading, scraping, and distributing copyrighted works on a large scale to develop and train the Claude series of AI models. The plaintiffs are seeking up to $150,000 in damages for each work and an additional claim of up to $25,000 for each instance of removing identifiable copyright data.In addition to suing Anthropic, the lawsuit also names co-founders Dario Amodei and Benjamin Mann as individual defendants. The lawsuit alleges that Mann used BitTorrent to download over 5 million pirated books, and that employees downloaded at least 2 million from Pirate Library Mirror. The complaint also claims that Anthropic scraped lyrics from websites such as MusixMatch and LyricFind. Recently, Anthropic reached a $1.5 billion settlement with the publishing industry over another lawsuit, while also facing multiple lawsuits from Universal Music Group, Concord, and ABKCO, as well as lawsuits filed by BMG and Round Hill Music.

According to Binance spot data, the market has experienced significant fluctuations. BICO has a 24-hour decline of 21.93%, and PYR has a 24-hour decline of 14.76%.At the same time, RIF has shown a "bottoming rebound" state, with an increase of 5.88%. Other tokens such as YGG, RAD, BMT, LA, WLFI, EDEN, and AT have all shown a "high and then low" state, with declines ranging from 5% to 22%.

According to Binance spot data, the market has experienced significant fluctuations. BICO has risen by 39% in 24 hours and has reached a bottom-rebound state.At the same time, PYR has fallen by 16.48% in 24 hours, showing a "high pullback" state. Other tokens such as AVA, PIVX, VANRY, XAI, ACX, and COOKIE have also shown a "high pullback" state, with declines ranging from 6.25% to 16.75%.In addition, CTSI and HEI have increased by 7.92% and 11.14%, respectively, both reaching a bottom-rebound state.

According to Binance spot market data, the market has experienced significant fluctuations. PYR has dropped 24.49% in the last 24 hours, and STG has dropped 21.08%, both showing a "high and then low" state.In addition, ACE has dropped 30.52% in the last 24 hours, also showing a "high and then low" state. Other tokens such as PIXEL, SAGA, NIL, TUT, BANANAS31, and HYPER have also shown a "high and then low" state, with declines between 5% and 10%.

HappyRobot, an enterprise-level AI intelligence company, announced the completion of a $150 million Series C financing round, led jointly by Prysm Capital and Eurazeo, with continued participation from a16z, Base10, and Y Combinator. Other strategic investors include Koch Disruptive Technologies, Orange, and T.Capital, a subsidiary of Deutsche Telekom.HappyRobot focuses on using AI intelligence to automatically handle complex, multi-step business coordination tasks, reducing the costs of manual coordination. After this round of financing, its total funding amount is approximately $200 million, and the company's valuation has reached $1.2 billion, officially entering the "unicorn" ranks.

Binance will stop trading and delist the following cryptocurrencies on August 17, 2026, at 11:00: Across Protocol (ACX), Hashflow (HFT), PIVX (PIVX), Vulcan Forged PYR (PYR), Vanar (VANRY), Viction (VIC). Users are advised to pay attention to the changes in the relevant trading pairs and adjust their positions in a timely manner.

According to Binance spot market data, the market has experienced significant fluctuations. DIA has risen by 13.99% in 24 hours, and PYR has increased by 9.09%, showing signs of a rebound after hitting a low.At the same time, TURTLE, NBISB, WDCB, RKLBB, INTWB, and BEB have all shown a "high and then low" pattern, with declines of 6.35%, 8.33%, 6.1%, 5.09%, 7.93%, and 8.64%, respectively. SCRT has reached a new low today, with a decline of 5.47%.

TRON officially released GreatVoyage-v4.8.2 (Pyrrho). The new version further enhances compatibility with Ethereum Pectra and the Osaka upgrade, adds CLZ instructions, secp256r1 signature verification precompilation, and migrates fastjson to Jackson. Node monitoring metrics have been uniformly migrated from InfluxDB to Prometheus. This upgrade further strengthens TRON's capabilities in smart contract compatibility, interface processing, node monitoring, and operation management.The official reminder states that this version is a mandatory upgrade. Node operators must complete the update by August 16, 2026, 23:59 (Singapore time) to avoid affecting block synchronization. The Event Plugin is also upgraded to v3.0.0; nodes using the official plugin must upgrade the plugin first before updating the node version; nodes using self-developed plugins should also complete adaptation as soon as possible.

According to official news, Pyra stated that after evaluating all feasible options, the company has decided to gradually shut down its operations. The official statement mentioned that the Drift vulnerability attack incident had a severe impact on its business and users. Despite continuously searching for a path to continue operations over the past few months, they ultimately failed to find a sustainable solution.

The UK government has announced the abandonment of a previous proposal that allowed AI companies to use copyrighted content for model training by default under an "opt-out" premise. This proposal had sparked widespread opposition, including from Elton John, Dua Lipa, and the House of Lords.UK Secretary of State for Technology Liz Kendall stated that the government has listened to various opinions and will no longer pursue the proposal. A report released at the same time pointed out that there is still no consensus on how to balance the rights of creators with the development of the AI industry. Tom Kiehl, CEO of UK Music, called this a "major victory."However, the UK government has not yet proposed an alternative plan and stated that it will not adjust current copyright laws until it can confirm that reforms can achieve economic and social goals. The technology industry groups are concerned that the long-term lack of clear rules could weaken the UK's position in global competition.

According to IT Home citing The Information, two informed sources stated that TikTok's Chinese parent company ByteDance has suspended its global launch plan for the latest video generation model Seedance 2.0 after a series of copyright disputes with several major Hollywood studios and streaming platforms.The report stated that ByteDance originally planned to launch this new video model to global users in mid-March, but has now suspended the related plans. The report added that ByteDance's legal team is investigating and addressing potential legal issues, and engineers are also increasing protective mechanisms to prevent the model from generating content that may lead to further intellectual property infringements.

According to DL News, the Central Bank of Russia has warned that financial pyramid scheme organizers in the country have largely turned to using cryptocurrencies. In 2025, Russian citizens sent funds to cryptocurrency wallets held by fraudsters, involving over 4,600 wallet addresses.The central bank discovered 7,087 financial pyramid schemes, fake brokers, and other fraudulent schemes last year, with 80% operating online, most of which used cryptocurrencies and money mules to transfer funds. In 2025, 84% of fraudsters used cryptocurrencies to raise funds, up from 77% in 2024. The Central Bank of Russia has ordered the blocking of 21,500 related web pages and social media posts.The central bank pointed out that fraudsters choose cryptocurrencies to maintain anonymity and evade punishment, and it has pledged to strengthen monitoring and increase efforts to combat cryptocurrency fraud.

According to Binance spot market data, the market has experienced significant fluctuations. PYR has dropped by 12.02% in the last 24 hours, and CYBER has decreased by 15.13%, showing a "high and then low" state.In addition, DCR, YGG, NXPC, and AT have also shown a "high and then low" state, with declines of 7.39%, 8.05%, 6.19%, and 6.44%, respectively. Meanwhile, ESP has reached a bottom and rebounded, with an increase of 6.18%.The other tokens TIA and BAND have both hit new lows today, with declines of 5.34% and 6.87%, respectively.

On-chain data analyst Murphy posted on social media that after Bitcoin reached a high of $97,000 on January 15, it quickly dropped to $73,000, swiftly breaking through the psychological support of $80,000. Under the dominance of panic sentiment, the trapped positions above $80,000 have net decreased by over 610,000 coins within 20 days, accounting for 88% of the total outflow, becoming the main source of selling pressure.However, on-chain URPD data reveals an important structural change: the selling pressure from long-term holders has significantly weakened (only accounting for 9.7% of the reduction), indicating a clear reluctance to sell among long-term holders. Meanwhile, there has been strong buying in the $70,000-$80,000 range, with a net purchase of about 450,000 BTC, nearly double the absorption volume in the $80,000-$90,000 range, suggesting that some funds are "buying more as prices drop," using real money to layer their resistance.Murphy stated that the difference in this cycle compared to previous ones is that bulls are showing sustained and layered defense during the decline, with the accumulation zones gradually moving down rather than collapsing in a step-like manner. Although there are pessimistic predictions that "the bear bottom will see $50,000 or $30,000," once the bears compress the bulls' defense to the extreme, coupled with a lack of supply, the market may welcome a strong counterattack from the bulls.