DATADATA Network Price

A crisis involving Coldcard hardware wallets has triggered a sharp spike in Bitcoin's on-chain activity. According to a K33 Research report, approximately 890,000 BTC changed hands in one week, marking the highest seven-day active supply level recorded in 2026. This near-doubling of "hot supply" from ~403,102 BTC on July 28 to ~797,408 BTC by August 4 was likely driven by coordinated attacks exploiting a Coldcard firmware vulnerability from March 2021, which allowed hackers to steal an estimated 1,600 to 2,000 BTC. Despite this surge in coin movement, Bitcoin's price remained unusually stable, trading within its narrowest 30-day range since 2023. The data indicates the activity was not driven by enthusiastic buying but by emergency wallet migrations, theft-related outflows, and holders repositioning assets, including a net inflow of 22,052 BTC to exchanges post-attack. Network transaction volume remained elevated over two weeks, averaging ~662,577 daily, with a record 898,862 transactions on July 19. Furthermore, data shows 39 long-dormant wallets (from 2010-2017) moved ~1,486 BTC (~$95M) during the incident period, adding to the broader picture of significant holder redistribution and stress beneath the market's calm price surface.

Galaxy Digital and TeraWulf reported divergent Q2 2026 results, heavily influenced by their emerging AI data center businesses. Galaxy Digital posted an $85 million net loss, causing its stock to drop nearly 7% premarket. However, its data center segment showed strength, contributing $20 million in adjusted gross profit. The company noted progress at its Helios site in Texas, expecting $80 million in quarterly lease payments starting in Q3 from its CoreWeave agreement. In contrast, TeraWulf reported a profit, with its stock rising 1.64% premarket. Its AI high-performance computing segment generated $31.9 million, accounting for roughly 71% of its total $44.8 million quarterly revenue. The company also reported $3 billion in cash and projected improved performance for Q3 following the activation of new revenue-generating capacity. Both companies are aggressively expanding their power portfolios and project pipelines, with deals like TeraWulf's estimated $19 billion lease with Anthropic and Galaxy's acquisition of development sites and a $3.5 billion bond issuance. The reports highlight electricity access as a critical factor for AI infrastructure growth, with data center power consumption expected to nearly double by 2030.

Fei-Fei Li's latest interview on a16z explores the vision for **spatial intelligence** as AI's next frontier, with robotics as its primary testing ground. She discusses World Labs' acquisition of SceniX, a robotics startup co-founded by her former postdoc Yunzhu Li, aiming to tackle the core challenge of scarce and expensive real-world training and evaluation data for robots. The key strategy involves creating scalable, realistic **simulation environments** via a "real-to-sim-to-real" pipeline. This allows for safe, efficient, and controllable data generation, training, and robust evaluation of robotic systems, complementing physical data collection. The combined strengths of World Labs' generative world models (like Marble) and SceniX's simulation and robotics expertise aim to build foundational **infrastructure**—a digital proving ground agnostic to specific robot hardware or AI models. The discussion highlights the necessity of simulation for **counterfactual reasoning**, reliability, and accelerating development, drawing parallels to human learning and industries like autonomous vehicles. The near-term focus is on practical deployment in **semi-structured environments** (e.g., warehouses) rather than fully unstructured ones like homes, emphasizing a calibrated, stepwise approach to achieving robust and commercially viable robotic automation.

Report: Fed Chair Walsh Prepared to Hike Rates in September If Upcoming Inflation Data Stays Strong According to a Financial Times report, Federal Reserve Chair Walsh is prepared to raise interest rates at the September policy meeting if inflation data in the coming weeks remains hot and market expectations for a hike increase. Following this news, short-term US Treasury yields rose. Walsh has adhered to a pared-back communication strategy despite recent market volatility and criticism that his limited guidance has weakened the Fed's inflation-fighting credibility. Sources close to his thinking acknowledge some communication missteps since he took office but insist these won't derail his overall reform agenda. His most significant policy shift has been drastically reducing forward guidance, a practice he has long criticized for boxing in policymakers. Futures markets now price in roughly a 55% chance of a 25-basis-point rate increase in September. Sources indicate that while Walsh has raised the possibility of using balance sheet reduction to tighten policy, interest rates remain the primary tool for now. The Fed's preferred inflation gauge was at 3.7% in June. Walsh is expected to deliver his first major speech at the upcoming Jackson Hole symposium, seen as a key opportunity to clarify his policy framework and address perceived shortcomings in his messaging.

Hong Kong police have updated the estimated losses from the cryptocurrency-linked "Fun Coffee" scam scheme to approximately HKD 104 million (USD 13 million), as more victims come forward. Following coordinated raids with Macau authorities, six people were arrested in Hong Kong and two in Macau. The scam, which operated as a classic pyramid scheme by paying early investors with funds from new ones, collapsed in late July after its app stopped functioning. Fun Coffee had presented itself as a legitimate Vietnamese coffee business with a billion-dollar valuation, promising unrealistic annual returns of 197% to 278%. Despite warnings from Hong Kong's Securities and Futures Commission in July and earlier alerts from Vietnamese authorities, hundreds of people invested. Local legislator Johnny Ng Kit-chong suggests over 1,000 individuals may be affected. The case is part of a broader trend, with online investment fraud involving virtual assets causing record losses in Hong Kong in 2025.