News linked to this event type.
Odaily News: The Russian Central Bank has released a draft regulation stipulating that professional market participants, including brokers, trust management firms, forex dealers, and cryptocurrency exchanges, must include crypto assets in their equity calculations. Crypto assets approved for trading on exchanges may account for no more than 25% of total equity value. The draft requires that relevant crypto assets be registered with a crypto-asset custodian so that regulators can verify their existence. The Russian Central Bank stated that this ratio will be used to assess credit risk and market risk, ensuring that intermediaries have the capacity to cover potential losses. The Russian State Duma has approved a cryptocurrency regulatory framework that allows both qualified and unqualified investors to trade cryptocurrencies, though the latter are subject to an annual purchase limit of 300,000 rubles (approximately $3,800). Cryptocurrencies still cannot be used as a domestic payment instrument, but import and export enterprises are permitted to use them for cross-border settlements without restrictions. (Bitcoin.com News)
Odaily News: Coinbase announced on the X platform that the US500 perpetual contract is now live, enabling users to go long or short on the 500 largest U.S. companies through a single contract on Coinbase.
The Office of the Comptroller of the Currency (OCC) has conditionally approved World Liberty Financial's application for a national trust bank charter, subject to regulatory and policy requirements. Upon approval, the company may operate under the name World Liberty Trust Company, National Association. World Liberty Financial's application documents show that the bank plans to issue USD-backed stablecoins and custody digital assets related to its USD1 token. U.S. President Donald Trump and his three sons are all affiliated with the company, with Trump family entities holding a 38% stake. Senator Elizabeth Warren, along with nine other senators, introduced the Terminating Presidential Banking Corruption Act following the approval. Elizabeth Warren stated that the OCC's move represents one of the most blatant conflicts of interest in the U.S. financial system. In January 2025, an Abu Dhabi investment company backed by UAE National Security Advisor Sheikh Tahnoon bin Zayed Al Nahyan purchased a 49% stake in World Liberty for $500 million. Another UAE entity, MGX, previously used USD1 to invest $2 billion in Binance. (Cointelegraph)
Odaily News According to reports, multiple prediction markets are converging on pricing for the Fed's September meeting outcome: approximately 74% probability of holding rates steady, about 25% probability of a 25 basis point rate hike, and nearly 1% probability of a rate cut. Relevant Polymarket contracts have seen trading volume of $33.9 million; Kalshi, a prediction exchange regulated by the US Commodity Futures Trading Commission (CFTC), shows a 73.5% probability of holding rates steady, with related wagers nearing $10 million. Myriad, a prediction platform operated by Dastan, indicates approximately 71% probability for this option. The Fed's July meeting voted 9 to 3 to hold rates at 3.50% to 3.75%, with 3 committee members supporting a rate hike. The FOMC is scheduled to meet from September 15 to 16, with the statement planned for release on September 16; a survey shows nearly 70% of economists expect rates to remain unchanged for the remainder of 2026. (Decrypt)
Odaily News - Digital infrastructure company HIVE Digital Technologies' high-performance computing division, BUZZ High Performance Computing, has signed a five-year AI cloud services contract worth approximately $350 million with an undisclosed investment-grade enterprise client. The contract is expected to generate approximately $70 million in additional annual revenue, bringing BUZZ HPC's annualized revenue to approximately $180 million. BUZZ HPC will deploy 2,016 NVIDIA Blackwell Ultra GPUs, utilizing the GB300 NVL72 system, NVIDIA Quantum-X800 InfiniBand networking, and VAST Data storage. The cluster is expected to become operational later this year at Bell's AI Fabric facility in Merritt, British Columbia, Canada, which runs on renewable hydroelectric power and closed-loop liquid cooling technology. HIVE estimates the project's capital expenditure at approximately $185 million, which will be funded through previously announced financing and new equipment debt. The company expects daily revenue of approximately $500,000 from its HPC and AI business once the cluster is fully operational, and plans to achieve $200 million in annualized GPU cloud services revenue by year-end. The company holds approximately 400 megawatts of capacity in Canada, which can support over 120,000 GPUs over the next two years. (Bitcoin.com News)
Strategy Executive Chairman Michael Saylor stated that company stock buybacks are not a current priority, and the company is focusing on building a $4.8 billion cash reserve to support the STRC preferred stock business.
Odaily News: Sheldon Lee, founder of cryptocurrency exchange BitMart, stated that a post on X claiming users were unable to withdraw funds and that some employees had not received their July salaries is a "fabricated rumor," adding that the exchange's Chinese-language account had been hacked. Critics, including users and on-chain investigator ZachXBT, have demanded that BitMart resume withdrawals or undergo an independent third-party audit. BitMart is gradually winding down operations, with the final trading day set for August 26. Troubled investment firm Echo Base said it had proposed a funded restructuring plan to BitMart but received no response. The firm warned that resolving a large volume of customer claims may require proceedings through the courts. (CoinDesk)
The U.S. Department of the Treasury has issued proposed rules on the GENIUS Act and opened a 60-day public comment period. The Act is scheduled to take effect in January 2027, requiring a federal or state license for payment stablecoin issuance.
According to CoinDesk, Compound Finance has completed leadership adjustments and approved its largest-ever decentralized autonomous organization budget of $52 million to drive the transition towards institutional decentralized finance. The protocol plans to focus on attracting institutional users and expand operations around real-world assets, partner integrations, and traditional financial market credit infrastructure.
Odaily News: Decentralized lending protocol Compound Finance has completed a leadership overhaul and approved a record $52 million budget. The protocol's total value locked has fallen from a peak of $12 billion in 2021 to $1.2 billion, and it is now seeking to restore growth. Compound Finance is pivoting to serve institutional clients, developing real-world asset products, partner integration solutions, and credit infrastructure to meet the compliance and technical standards of traditional finance. Industry executives say Compound Finance's new leadership team and substantial budget align with the broader shift within the decentralized finance sector toward serving financial institutions. The sector's overall assets had previously declined due to market weakness and security breach incidents. (CoinDesk)
Odaily News GitHub's official status page shows that the platform is currently experiencing service anomalies, with multiple core features seeing degraded availability.According to the latest announcement, GitHub's web interface and API request error rates once reached approximately 20%, while error rates for repository archive downloads and raw repository content downloads stood at around 50%. Additionally, SAML and OIDC authentication, SCIM, and Team Sync features have also been affected.Currently affected services include: Pull Requests performance degradation; Issues performance degradation; Actions (automated workflows) performance degradation; Webhooks performance degradation; API Requests experiencing anomalies; GitHub Copilot experiencing degraded availability.GitHub stated that its team is continuously investigating the root cause of this incident and will provide further updates once more information becomes available.As of now, GitHub has not disclosed the specific cause of this outage, nor has it indicated whether a security incident is involved. This service disruption may impact developers and enterprise users who rely on GitHub for code hosting, continuous integration and deployment, and AI-assisted development.
Odaily News According to sources familiar with the matter, Nvidia will provide approximately $100 billion in credit financing support for a hyperscale AI data center campus leased by OpenAI. The data center project, located in Ohio, USA, is one of the largest planned AI infrastructure projects globally. The financing support from Nvidia will help OpenAI complete the first phase of the project, which is expected to last about two years and cover roughly half of the entire project's construction scale.Sources indicate that this financial support may not only be used for data center construction financing but could also partially go toward purchasing Nvidia AI chips. (The Information)
Odaily News The U.S. Department of the Treasury released on August 17 a Notice of Proposed Rulemaking (NPRM) regarding the implementation rules for the GENIUS Act (Guiding and Establishing National Innovation for U.S. Stablecoins), and is seeking public comments to advance the establishment of a U.S. regulatory framework for payment stablecoins.Treasury Secretary Scott Bessent stated that the Trump administration and Congress have driven the passage of the GENIUS Act, establishing a "landmark regulatory framework and clear rules" for payment stablecoins, and the Treasury is accelerating the implementation of related systems. He stated that the Treasury hopes to support innovation and development by U.S. companies by providing regulatory certainty, while consolidating the U.S. dollar's status as the global reserve currency and positioning the United States as a global hub for crypto assets.Under the GENIUS Act, starting January 18, 2027, any entity seeking to issue payment stablecoins in the United States will generally be required to obtain an appropriate federal or state license. Additionally, digital asset service providers will generally be prohibited from offering, selling, or distributing payment stablecoins issued by foreign entities to the U.S. market, unless the foreign issuer has the technical capability to comply with U.S. regulatory requirements and can adhere to relevant arrangements reached between the United States and the issuer's jurisdiction.Starting July 18, 2028, the Act further requires that digital asset service providers generally may not offer or sell payment stablecoins to "U.S. persons" unless the relevant stablecoins are issued by a licensed issuer.The Treasury's draft rules primarily provide regulatory interpretation on two key issues: first, clarifying what constitutes "issuing payment stablecoins in the United States" to help issuers determine when they need to obtain a license under the GENIUS Act; second, clarifying what constitutes "offering or selling payment stablecoins to U.S. persons" to provide compliance guidance for companies participating in the U.S. stablecoin market.The U.S. Department of the Treasury stated that the public comment period will last 60 days following publication in the Federal Register, during which the public and industry participants may submit comments.
Odaily News: The Dutch National Cyber Security Centre (NCSC) has reported that attackers are exploiting a vulnerability in Apple's macOS Screen Sharing feature to take control of devices and install Monero mining programs. Multiple systems with port 5900 exposed to the internet have been compromised, with attackers gaining root access. The vulnerability, tracked as CVE-2026-65400, has a severity score of 7.1 out of 10. It stems from a state management error in the authentication process, allowing remote attackers to bypass login verification without valid credentials. Public proof-of-concept code has already been circulated. Apple has addressed the issue in macOS Sequoia 15.7.9, Sonoma 14.8.9, and Tahoe 26.6.1. The NCSC advises users to update their systems promptly and avoid exposing the Screen Sharing service directly to the internet. (Decrypt)
According to PRNewswire, Cannan Technology released its Bitcoin production and mining operations update for July 2026. In July, the company mined a total of 46 Bitcoins and held 1,917 BTC and 3,952 ETH on its balance sheet at the end of the month. Its non-joint venture business installed hashrate at month-end was 10.05 EH/s, joint venture business installed hashrate was 4.85 EH/s; joint venture business operating hashrate rose to 4.20 EH/s.
According to the official announcement, HTX will open NiuLai/USDT spot trading and grid trading on August 17 at 22:00 (UTC+8). NiuLai deposit service is now open, and withdrawal service will open on August 18 at 22:00.
Bitget launches a new CandyBomb round with a total prize pool of 20,000 USDT. This event is exclusive to new futures users. The participation period is from 20:00 on August 17 to 20:00 on August 27 (UTC+8).
: The Central Bank of Russia has released a draft regulation proposing to include digital currencies in the asset scope for calculating prudential regulation metrics such as capital adequacy ratios for professional financial market participants, applicable to institutions including brokers, asset management companies, forex dealers, and cryptocurrency exchangers. The draft stipulates that relevant institutions may only include cryptocurrencies approved for exchange trading when calculating their own funds, with the value not exceeding 25% of the total assets included in the calculation, and such assets must be registered and held in custody by crypto custodians. The Central Bank of Russia stated that this move aims to incorporate crypto asset risks into capital regulation and enhance the financial stability of financial intermediaries. (TASS)
Odaily News - Hyperliquid Policy Center announced that it has recently submitted a joint comment letter with Douro Labs to the U.S. Securities and Exchange Commission (SEC), supporting the SEC's proposal to rescind Rule 611 of Regulation NMS (the "Trade-Through Rule") and calling on regulators to establish a clearer Best Execution regulatory framework for on-chain markets.The Hyperliquid Policy Center believes that the current Trade-Through Rule is built on traditional securities market structures and is clearly incompatible with blockchain-native trading models. HPC and Douro Labs put forward three recommendations in their joint comment letter:First, they support the SEC in rescinding the Trade-Through Rule. The two companies argue that this rule relies on a traditional quote system that cannot accurately reflect the on-chain trading environment, and its continued application could hinder the development of on-chain financial markets.Second, the SEC should establish clear best execution guidance for on-chain trading. On-chain markets feature new factors that do not exist in traditional markets, such as quote-less trading, 24/7 operation, blockchain network fees, and MEV (Maximal Extractable Value). Brokers need clearer regulatory standards to ensure they can execute trades on behalf of clients.Third, the regulatory framework should be principles-based and recognize independent price reference mechanisms. HPC and Douro Labs suggest that when the traditional NBBO cannot cover on-chain markets, the SEC should recognize independent price reference data formed through transparent, manipulation-resistant mechanisms. For example, the Pyth Network, which Douro Labs helped build, provides price oracle services for on-chain markets by aggregating real-time data supplied by exchanges and market participants.
According to official announcements, HertzFlow, a self-custodied leveraged trading protocol backed by Yzi Labs, announced that its mainnet has officially launched on BNB Chain, and the one-week Genesis Vault pre-deposit campaign has also kicked off simultaneously, with limited quota, first come, first served.