News linked to this event type.
According to Bloomberg, insiders revealed that JPMorgan has initiated preliminary discussions with potential lenders to secure a $5 billion debt financing package to support Volta Infra Holdings Ltd. in constructing artificial intelligence data centers. Earlier this month, Volta AI completed a $300 million venture capital funding round at a valuation of $2.4 billion, with the goal of enabling more technology firms to access costly AI chip resources.
Odaily News - PURR, a token related to the Hyperliquid ecosystem, rose approximately 15% after Hyperliquid Strategies published its "HYPE Treasury" and balance sheet updates.According to the disclosure, Hyperliquid Strategies has completed a $647 million equity financing round and increased its HYPE token reserve to 29.3 million tokens, valued at approximately $1.9 billion based on fiscal year-end prices—more than doubling from its previous size.The company stated that it subsequently invested an additional $773.4 million to acquire approximately 16.5 million HYPE tokens at an average purchase price of $46.77. The company said the continued expansion of its HYPE holdings is aimed at building a "fortress balance sheet" to strengthen long-term support for the Hyperliquid ecosystem.Market observers believe that sustained institutional allocation to HYPE assets has further reinforced expectations regarding the Hyperliquid ecosystem's value-capture capabilities, driving related ecosystem tokens like PURR higher. (The Block)
Odaily News, stablecoin protocol Ethena has announced four ecosystem updates, including buying back some locked tokens from early investors, adjusting the relationship between tokens and equity, launching a revenue buyback mechanism, and canceling VC monthly unlocks.The Ethena Foundation stated that it has completed buybacks of locked ENA tokens from certain large seed round investors who had sold ENA over the past nine months.At the same time, the Ethena Foundation has entered into a master framework agreement with Ethena Labs, transferring the intellectual property and value generated by the protocol to the Foundation, governed by ENA token holders, ensuring that protocol value growth does not result in residual cash flows flowing to Labs equity investors.In addition, an Ethena governance proposal has been launched to enable a "fee switch" that would use net income generated from various business lines under the Ethena brand for programmatic buybacks of ENA tokens. The proposal has been approved by the Risk Committee.Ethena also announced the cancellation of monthly unlock arrangements for future VC investors, eliminating market concerns about sustained sell pressure by releasing unvested tokens; team tokens will still follow the original lock-up and vesting schedule. These adjustments are aimed at further strengthening the binding relationship between ENA tokens and protocol value.
According to Globenewswire, Genius Group announced a $1.2 billion capital plan to fund its AI treasury and Bitcoin treasury through the issuance of perpetual preferred securities. The company aims to reach $2 billion in total assets by fiscal year 2031, with target allocations of $800 million for the AI treasury and $827 million for the Bitcoin treasury.
Odaily News: Uniswap founder Hayden said in a post on X that he cannot ignore the theory of correlation trading pairs when observing various things, and noticed that the second-largest Uniswap pool on Base is the Jito staked SOL/BTC trading pair, which aligns with the logic of correlation trading pairs.In an article titled "Correlation Trading Pairs: How AMMs Win the Biggest Markets," Hayden stated that AMMs have the potential to become the core engine of all financial markets, and tokenization will make markets programmable, changing market types, market makers, and the assets being traded.He said Uniswap has been operating autonomously since its launch in 2018, with cumulative trading volume exceeding $4.6 trillion, and has helped increase the proportion of decentralized exchanges relative to centralized spot trading volume from less than 1% to over 20%. As AMMs have developed, their liquidity has gradually formed a structure of correlation trading pairs.He pointed out that AMMs initially achieved product-market fit in the long-tail asset market, and then stablecoin trading pairs developed. Due to the lower capital costs of passive strategies, the demand for professional market making in stablecoin trading pairs has been squeezed.Hayden said traditional financial markets are dominated by market-making firms that integrate capital, trading strategies, execution technology, settlement, and distribution into a single vertical business. Citadel Securities handles approximately 25% of US stock trading volume, with net trading revenue reaching $12.2 billion last year and trading capital of approximately $21 billion.He believes blockchain can unbundle the different components of traditional market-making businesses: code handles execution, shared services provide custody and settlement, and open-source software replaces proprietary infrastructure. The scarce factor of capital in AMMs is capital itself, and participants who can hold inventory at lower costs gain an advantage.Hayden said liquidity providers face lower inventory risk when holding assets with similar price movements, and liquidity will deepen as a result. Ethereum ecosystem assets typically trade against ETH, Solana ecosystem assets typically trade against SOL, stablecoins trade in pairs with each other, and a few high-liquidity trading pairs are responsible for connecting different asset clusters.He noted that once tokenized assets share the same settlement layer, any asset can trade directly against any other asset. For example, NVIDIA/USD can become NVIDIA/SPY and connect to the dollar through SPY/USD; oil companies can trade against oil ETFs or tokenized oil, and private credit can trade against tokenized US Treasury funds.Hayden said traditional market makers typically pursue delta neutrality, reducing risk by denominating in USD and hedging non-USD exposure, which increases market-making costs. A market structure consisting of low-volatility correlation trading pairs and a few high-
Bitget has launched the latest CandyBomb, featuring a total prize pool of 80 Nvidia shares (rNVDA). This event is open to new users of stock, metal, and commodity contracts. The participation period runs from August 27 at 21:00 to September 6 at 21:00 (UTC+8).
Odaily News: According to the official page, Robinhood has listed MORPHO.
Odaily News: SemiAnalysis posted on X that AMD middle managers are spending the time of more than 20 engineers trying to expand their sphere of influence and secure promotions through a useless side project called the "ATOM Inference Engine," rather than allocating those resources to inference engines actually being used by real customers like Meta and xAI, such as SGLang and vLLM.SemiAnalysis said that dozens of AMD engineers, including principal engineers and AMD Fellows, have privately contacted the firm, stating that due to internal office politics at AMD and support from some middle managers, they are unable to discuss their concerns internally. Middle managers are consuming the time of more than 20 full-time engineers to develop this side project with almost no customers, and the engineers involved are all "10x engineers" who should have been dedicated to developing customer-facing inference engines like vLLM and SGLang.SemiAnalysis said that middle managers will likely respond by pointing to the only customer using the project in a production environment—Alibaba, based on Qwen—but further investigation shows that this is merely a limited deployment of ATOM by Alibaba's enterprise business unit, not the main business unit behind Qwen.SemiAnalysis stated that AMD management has diverted resources and limited internal GPU R&D clusters away from engineers supporting production-grade inference engines such as vLLM and SGLang, instead using them to expand their own influence and engage in office politics, showing a profound lack of respect for AMD engineers.
Odaily News: Sparrow Wallet v2.5.4 has been released following an extensive AI-assisted review, featuring multiple security hardening updates aimed at reducing users' reliance on external servers such as Electrum.Additionally, this version strengthens Ledger, Keycard, Trezor, Payjoin, PSBT, and multi-signature handling, removes Bitcoin Core credentials and other sensitive information from debug logs, restricts permissions for existing wallet and backup directories to owner-only access, closes residual local DNS resolution leaks when using Tor, and reinforces validation for wallet import, signing, downloads, and server responses. The update expands Sparrow Wallet's scope of independent verification for transaction data, hardware devices, and other inputs, reducing dependence on data provided by external servers. (Bitcoin News)
Odaily News, Hyperliquid Policy Center stated on the X platform that perpetual contracts should be central to the innovation agenda of the U.S. Commodity Futures Trading Commission (CFTC). The agency has submitted a statement ahead of the first meeting of the CFTC's Technology Advisory Committee on August 20, noting that perpetual contracts are expanding beyond digital asset markets into traditional asset classes such as equities and commodities, and that demand for these products among U.S. market participants is rising. Perpetual contracts can meet the risk management needs of various market participants, particularly suited for airlines hedging fuel costs, investment funds managing portfolio exposure, and AI developers addressing compute costs—exposures that are ongoing and have no defined expiration date. Compared to futures with fixed expiration dates, perpetual contracts require no rollover and face no expiration or delivery issues, using periodic funding rates to anchor the contract price to the underlying asset. Currently, on Hyperliquid, perpetual contracts deployed by third-party developers have covered over 80 traditional commodity and stock markets, with cumulative notional trading volume exceeding $500 billion. The CFTC has taken multiple steps this year to facilitate the launch of perpetual contract markets in the U.S. In May, the CFTC approved the first perpetual futures contract listed in the U.S. and issued a policy statement on listing perpetual contracts along with guidance on continuous trading; in June, the CFTC sought public comment on expanding perpetual contracts to energy commodities and further consulted on compute derivatives. Additionally, Hyperliquid Policy Center believes that on-chain infrastructure can also modernize U.S. derivatives markets within the existing regulatory framework. Public blockchains can openly record markets, orders, and positions, conduct margin assessments programmatically on an ongoing basis, and enable real-time collateral transfers, thereby reducing counterparty credit risk and settlement risk. The agency will continue to provide research and technical documents to the CFTC's Technology Advisory Committee and committee staff, and work to establish a pathway for U.S. market participants to access on-chain markets in a compliant manner. The agency believes that perpetual contracts represent one of the most notable financial innovations of the past decade and should be further developed in the U.S. market.
Odaily News: Between January 2025 and July 2026, a total of 245 security incidents were recorded. The top ten attack events accounted for over 72.5% of stolen funds. Supply chain and infrastructure vulnerabilities remain the primary security risks facing both CEXs and DEXs, with related losses exceeding $1.8 billion. Private key leakage is the most common risk for CEXs, while DApps lost approximately $546 million due to smart contract vulnerabilities. Among the 147 incidents involving platforms that had completed independent security audits, stolen funds accounted for 88.44% of total losses. Most attacks fell outside the scope of traditional audit coverage, with common causes including external infrastructure, unaudited code updates, and governance attacks. Only about 11% of incidents involved smart contract defects within audit scope.
Odaily News - Liquid staking protocol Lido has announced an update to the EarnETH Vault fee structure, adopting a more flexible performance-linked fee model to reduce holding costs for users and strengthen the alignment between yield distribution and product performance.Under the new structure, EarnETH fees will shift from the previous "1% AUM fee + 10% performance fee" to a maximum of "0.5% AUM + 20% performance fee" model. The new fee structure will launch with "0.2% AUM + 15% performance fee," with any future adjustments to be announced separately.Lido stated that reducing the management fee from 1% to 0.2% will lower the cost of holding EarnETH for users in low-yield environments, while the increased performance fee ratio will better tie protocol revenue to the Vault's actual performance. All currently effective fees will be transparently displayed on the EarnETH Vault interface.This adjustment aims to optimize the fee mechanism of the EarnETH yield product, enhance fee flexibility, and strengthen alignment between users and the product's yield performance.
Odaily News – Prediction market platform Polymarket has expanded its partnership with Nasdaq-listed sports data provider Sportradar, gaining access to high-speed data and streaming video content from more than 20 sports associations, providing more real-time official data for sports prediction markets on the platform.The collaboration will bring more official sports event data into Polymarket's betting markets, reducing delays in real-time information transmission during games and enhancing the user experience for prediction trading.This partnership signals that sports leagues are gradually embracing the prediction market model, even as U.S. regulators continue to review the legal positioning of related platforms. As demand for sports predictions grows, Polymarket is strengthening its competitiveness in the sports prediction market by integrating authoritative data sources. (The Information)
According to reports, Bybit's institutional-grade real-world asset yield platform, RWA Earn (Bybit RWA Wealth), has launched the new nOPAL product, further expanding its institutional business and product portfolio. Built on Brazilian credit card receivables, nOPAL is managed by BlackOpal Finance and deployed on the open finance platform Plume.
According to Odaily, Gate has opened registration for the 2026 VIP Futures Elite Challenge Season 4 from August 27, 15:00 to September 21, 23:59 (UTC+8), with the competition running from August 31, 09:00 to September 22, 23:59 (UTC+8). This season features an upgraded format with three leaderboards — futures trading volume, CFD trading volume, and futures profitability — offering a combined prize pool of up to 60,000 USDT in cash rewards, plus additional prizes including an 88g pure gold bar and selected Dyson gifts.Additionally, during the event period, users who complete a specified futures trading volume or upgrade to VIP5 or above for the first time (or return to VIP5+) will earn a chance to draw prizes, including fee rebate vouchers and Dyson gifts. VIP8+ users who reach the designated futures trading volume can unlock the "Gold Bar Scratch Card" with a 100% win rate, sharing the 88g gold bar prize pool. The top 3 winners on the comprehensive leaderboard will also have the opportunity to enjoy F1 race tickets, including round-trip flights and luxury accommodation. This season also features a participation award: users who rank on the leaderboard and meet the futures trading volume threshold but do not receive cash rewards will each receive a 50 USDT fee rebate voucher.
According to the official announcement, HTX will open spot and grid trading for TAO/USDT on August 27 at 21:00 (UTC+8). The TAO deposit service is now live, and withdrawal services will be enabled on August 28 at 21:00.
GoPlus Security released a security alert stating that on August 25, realio[.]fund, a project under Realio Network, was attacked. The attacker took control of the platform's signing system and moved treasury and custody wallet assets across Ethereum, BNB Chain, Algorand, Stellar, and the Realio native chain. A total of approximately 127.9 million RIO tokens worth around $6.2 million were affected, with the attacker having cashed out approximately $317,000 so far.
Odaily News: Alkemya Metacore is preparing to issue a new security, ALKN, linked to its inventory of high-purity nickel wire, with plans to raise $50 million through tokenization. The related inventory is valued at $1.6 billion, approximately 7 million meters, and is currently stored in Switzerland. The nickel wire is primarily used in semiconductors, aerospace, and defense sectors. The raised funds will be used to support its operating subsidiary, Green Transitional Metals, in the research, development, and commercialization of nickel products in areas such as electromagnetic shielding, aerospace and defense, semiconductors, power industry systems, green hydrogen, and precious metal recycling. Bitfinex Securities will facilitate the listing of ALKN, with the initial subscription for qualified investors open until October 15. This product is described as one of the world's first tokenized nickel products and the first tokenized commodity issuance under El Salvador's digital asset regulatory framework.
Odaily News, The Sandbox has released a post-mortem report on the August 22 vulnerability incident. The report shows that attackers exploited vulnerabilities in contracts related to cross-chain configurations on Base and BNB Smart Chain (BSC), stealing 14,742,341.84 SAND from the Ethereum treasury, accounting for approximately 0.5% of the maximum supply, with an estimated economic impact of approximately $1.4968 million, of which about $987,000 was actually retained by the attackers. The Ethereum mainnet and Polygon network were not affected. Until further notice, please do not purchase or send SAND on Base or BNB Smart Chain. Contracts deployed on Base and BNB Smart Chain have been permanently deactivated and will not be reopened. The Sandbox stated that the team has reported the attacker's wallet address to blockchain analysis firms TRM Labs and Chainalysis, and has communicated directly with relevant exchanges. The Sandbox also announced a compensation plan, which will compensate wallets that legitimately held cross-chain SAND on Base or BSC prior to the incident at a 1:1 ratio in Ethereum SAND. Compensation funds will come from The Sandbox treasury, with no new tokens issued. The claim process will open within the next two weeks and remain open for two weeks.
One-stop AGI infrastructure platform B.AI announced that Alibaba Qwen's latest open-source model, Qwen3.8-Flash, has officially launched on the platform and is now fully available for free access via the API official group. Acting as a forward-looking preview of the Qwen4 architecture, Qwen3.8-Flash is a multimodal MoE model with 125B total parameters and 51B N-gram Embeddings, activating only 6B parameters per token. The model integrates a hybrid attention mechanism combining GDN and QSA for the first time, effectively balancing long-text processing efficiency with information retrieval accuracy. It natively supports a 262K context window and can be extended to 1M using YaRN. Starting today, developers can access this model at zero cost through the B.AI API official group to seamlessly handle multimodal tasks such as coding assistance, agent workflows, and document analysis. B.AI continues to lower the barrier to AI application development by providing inclusive computing resources, enabling more developers to leverage top-tier open-source models.