Odaily Planet Daily reports that the U.S. Securities and Exchange Commission (SEC) will hold a public meeting on August 14 to consider proposing a "Regulation Crypto" rule framework that would allow certain crypto projects to raise funds without completing full securities registration. If public comment is initiated, this would be the SEC's first formal, long-term rule for the crypto industry. The framework proposes a path to exit SEC oversight: project developers who no longer actively manage the project after fundraising, and projects that achieve decentralization, could be exempt from SEC jurisdiction. SEC Chairman Paul Atkins previously stated that the exemption period could last up to four years, but the announcement did not disclose the fundraising threshold. The U.S. Senate did not advance the "Digital Asset Market Clarity Act" before its August recess. The final rule will still require several months to complete; the meeting will be held at 10:00 AM ET on August 14. (Decrypt)

Odaily Planet Daily reports that Bitcoin News, in an article published on the X platform, stated that a new technology analysis released by @KLoaec shows that some vulnerable COLDCARD Mk3 wallets may only be generated from approximately 4.5 million random number generator start states, which can be searched in about 3 seconds on a single RTX 4090 graphics card. Even considering the additional uncertainty in the generation method of each wallet, an attacker could complete the search in about 50 minutes on a single high-end GPU. More seriously, this vulnerability could lead to different devices generating the same mnemonic phrase. Assuming 30,000 Mk3 devices, the analysis estimates that approximately 120 pairs of devices may generate the same random number stream. This collision estimate is a theoretical value, but it indicates that the possibility of different devices generating duplicate mnemonic phrases exists.

According to Onchain Lens monitoring, ten hours after the Alameda Research/FTX bankrupt wallet unstaking 201,740 SOL, it transferred 201,780 SOL (approximately $15.2 million) to multiple BitGo custody wallets. These funds are currently being used for over-the-counter sales. Meanwhile, FTX founder Sam Bankman-Fried remains in prison with a 25-year sentence.

According to an article published on the X platform by BitcoinTreasuries.NET, Odaily Planet Daily reports that the National Bank of Canada has increased its stake in Bitcoin treasury company Strategy to 1.2 million shares, worth $116 million, more than doubling its holdings. The bank is considered a systemically important bank.

Odaily reports that Itaú, Latin America's largest bank by assets, is partnering with OpenAssets to participate in an industry-led test of tokenized fixed-income and investment funds. Brazil has become a testing ground for placing bonds, credit, and other financial assets on the blockchain within a regulatory framework. (CoinDesk)