According to BlockBeats, on August 8th, CoinGlass data showed that the Coinbase Bitcoin Premium Index has been in negative premium territory for 82 consecutive days from May 19th to August 8th, with the latest reading at -0.0759%, continuing to set a new record for the longest consecutive negative premium since the index was launched.

The previous record was 40 consecutive days from January 16 to February 24 this year, which also exceeded the approximately 30 consecutive days of negative premiums during the "1011 crash" last year.

The Coinbase Bitcoin Premium Index measures the price difference between Bitcoin on Coinbase Pro and Binance. A consistently negative index usually indicates that Coinbase's prices are relatively low, reflecting weak buying pressure or significant selling pressure in the US market. However, it's inappropriate to conclude that institutional funds are flowing out of the country based solely on this indicator.

BlockBeats reported on August 8th that the U.S. Commodity Futures Trading Commission's (CFTC) Market Oversight Division and Market Participant Division jointly issued a letter reminding all regulated entities involved in listing, soliciting, or accepting event trading contracts to clearly display derivative pricing information and avoid misleading consumers. Regulators specifically warned that using an "American odds" format to display pricing information could mislead market participants' understanding of the nature of the transaction and may prevent users from accessing key indicators such as market depth and pricing impact. Previously, Kalshi was facing charges in New York State due to event trading contracts, and Polymarket also received regulatory scrutiny for its settlement mechanisms and false advertising. This CFTC warning further defines the compliance boundaries of prediction markets.

The CFTC emphasizes that information presented by market participants, including pricing information, should indicate to consumers that the product is an event contract traded on a CFTC-regulated exchange, rather than a product with higher profit margins or non-market pricing. Regulated entities must uphold regulatory standards by overseeing intermediary market participants, affiliates, and partners; presenting misleading pricing information may violate federal laws prohibiting manipulation.

According to a Bloomberg report citing sources familiar with the matter, Leopold Aschenbrenner, a 25-year-old Wall Street AI investment guru and former OpenAI researcher, has returned to the investment arena just days after his hedge fund nearly collapsed, investing a whopping $400 million in a privately held company backed by Sequoia Capital. The latest disclosure today reveals that the company is chip manufacturing startup Source Foundry. The fund had previously invested $100 million in Source Foundry, and this additional $400 million brings its total investment in the company to $500 million.

This investment, completed on Tuesday, is the first sign of how Leopold will salvage the situation after its Situational Awareness fund nearly collapsed last week due to a barrage of margin calls from multiple Wall Street lenders.

Source Foundry is a stealthy chip manufacturing startup founded in San Francisco in 2025 by Stanford materials scientists Abdulmalik Obaid (CEO) and Joe Burg. It focuses on developing simpler, lower-cost, and faster semiconductor lithography and manufacturing processes and tools, aiming to challenge ASML's extreme ultraviolet (EUV) lithography machines and bridge the huge gap between the exponential growth in AI computing power demand and the linear expansion of traditional chip production capacity, thereby reshaping the way advanced AI chips are manufactured.