News linked to both this project and an event.
In response to the abnormal and severe volatility in the perpetual contract markets of TUT (TUTUSDT), Lobster (龙虾 USDT), and BICO (BICOUSDT) on August 9, 2026, Gate has promptly launched a special review and risk control investigation. To safeguard the legitimate rights and interests of users, Gate will provide full USDT compensation to affected liquidated users who meet the compensation criteria. The platform has opened a dedicated processing channel. Affected users can contact Gate through official channels such as VIP account managers or online customer service. The platform will complete the implementation of the compensation plan within three working days and disburse the compensation amount to users' spot accounts.Gate stated that user rights will always remain the core focus of the platform. It will continue to strengthen abnormal trading detection, risk control for low-liquidity markets, dynamic management of risk parameters, and the development of pricing and liquidation mechanisms, further enhancing the platform's risk prevention capabilities and market governance standards. Gate remains committed to building a fair, transparent, and secure trading environment, continuously listening to user feedback, and working with the community to maintain a healthy and stable market ecosystem.
Odaily News Nasdaq-listed institution Strive has released its Q2 financial report for the period ending June 30, 2026. The company acquired a total of 6,236 Bitcoin in Q2, bringing its first-half total to 12,237 Bitcoin, with a Q2 Bitcoin yield of 23.9% and a first-half yield of 37.7%. Between July 1 and August 7, it added another 303 Bitcoin. The Q2 GAAP net loss was $257.6 million, of which 94.1% was attributable to the decline in the fair value of its Bitcoin holdings and STRC shares; the non-GAAP adjusted net loss attributable to common shareholders was $275 million.Since June 16, the company has initiated daily floating distributions on its SATA series perpetual preferred stock, distributing dividends 44 consecutive times as of August 7. Strive has now fully repaid all long-term and short-term debt, achieving zero leverage. As of August 7, it held $154.9 million in cash and cash equivalents, with the fair value of its Strategy STRC preferred stock at $48 million. The company has also launched an updated financial dashboard to enhance disclosure related to SATA products. (Globenewswire)
Odaily-reported, according to the official announcement, Gate will list DAPPOS (DOS) for spot trading at 19:00 (UTC+8) on August 10; and will list DAPPOS (DOS) on its Flash Exchange platform at 20:00 (UTC+8).Meanwhile, Gate Launchpool will launch its 370th session from 19:00 on August 10 to 19:00 on August 24 (UTC+8). Users can stake GUSD, USDT, or DOS to share 1,410,000 DOS tokens for free, with airdrop rewards automatically distributed to spot accounts every hour, and 100% of this session's rewards unlocked. In this Launchpool session, the GUSD pool and USDT pool each offer 564,000 DOS rewards, while the DOS pool provides 282,000 DOS rewards. Users can stake in advance to receive rewards as soon as mining begins. Users staking GUSD can also enjoy a 3.8% yield on U.S. Treasury bills, distributed automatically on a daily basis.
Odaily News - Bitget PoolX has launched a new staking campaign, allowing users to stake BGSOL to share in 180,000 MET. The individual staking cap is 5,000 BGSOL. The staking window opens from 19:00 on August 10 to 19:00 on August 15 (UTC+8). For more details, please refer to the Bitget official platform.
According to an official announcement, Cardano Foundation Chief Technology Officer Giorgio Zinetti will depart from the foundation on August 31. The foundation expressed its gratitude for his support and significant contributions to the development of the foundation and Cardano since he assumed the role of Chief Technology Officer in 2024.
According to the official announcement, HTX launched SHOP/USDT and JNJ/USDT perpetual contracts on August 10, supporting 1-10x long and short positions.
Bitget Launchpool is about to launch the project DAPPOS (DOS), with a total reward pool of 700,000 DOS. The staking channel will be open from 19:00 on August 10 to 19:00 on August 16 (UTC+8).
OKX will list SKUU (2x Long SK Hynix), SKDD (2x Short SK Hynix), and KO (Coca-Cola) stock perpetual contracts from 17:00 to 17:30 on August 10.
Odaily News – Grayscale withdrew three ETF registration applications for Cardano (ADA), Hedera (HBAR), and Polkadot (DOT) in succession on August 7, with the three withdrawal filings submitted approximately 190 seconds apart.All three withdrawal filings indicate that Grayscale no longer plans to proceed with the issuance of shares for the related ETFs. The filings also note that the registration statements had not yet taken effect, no securities were issued or sold, and no preliminary prospectus was published. These withdrawals do not represent rejections by the SEC of the related ETF applications, and the filings do not disclose the reasons behind them.As of August 8, Grayscale's altcoin ETF applications for Bittensor, Aave, BNB, NEAR, and Zcash remain in the preliminary stage. Previously, Grayscale's Avalanche Staking ETF and Hyperliquid Staking ETF registration statements took effect in March and June of this year, respectively. However, the effectiveness of a registration statement does not mean the product has begun trading. (cryptoslate)
According to news from the Qianwen APP, the Qianwen Open Platform officially launched on August 10, 2026, opening service access for three types of terminals—mobile phones, PCs, and AI glasses—to ecosystem partners and developers. The first batch of access partners covers more than ten fields including logistics and transportation, real estate and housing, local life, wealth management, and automotive, including SF Express, Ziroom, Hello Ride, Yingmi Fund, etc. Users can enter the corresponding agents by @ relevant services or clicking the "dot badge" in conversations, achieving a complete service closed loop from consultation, recommendation to ordering. The platform supports rapid access through standardized protocols and provides infrastructure such as accounts, AI payment, and orders, as well as multimodal interaction capabilities; the AI glasses terminal also supports two modes: Skill integration and industry customization.
Odaily News: On August 5, the minority staff of the U.S. Senate Committee on Banking, Housing, and Urban Affairs stated that the July 22 version of the CLARITY Act fails to meet five minimum standards. The bill, numbered H.R. 3633, aims to divide digital asset regulatory authority between the U.S. Securities and Exchange Commission (SEC) and the U.S. Commodity Futures Trading Commission (CFTC). The analysis suggests that the bill's two-tier system could remove certain blockchain assets from SEC oversight, allowing issuing companies to self-certify exemptions from securities regulation. Healthy Markets and five labor organizations have raised concerns over pension protections and securities law loopholes, while minority staff also noted that investors' private right of action and state and tribal enforcement powers could be weakened. Minority staff stated that DeFi-related companies could be exempt from anti-illegal financing obligations even if they earn millions of dollars from platform transactions; some crypto mixers may circumvent U.S. sanctions by exploiting the "Tornado Cash loophole." The Independent Community Bankers of America (ICBA) and the Conference of State Bank Supervisors (CSBS) warned that stablecoin yields could drain deposits from community banks, and the Systemic Risk Council has flagged related banking activities as potential bailout risks. Minority staff noted that Donald Trump alone earned over $1.4 billion from crypto businesses in 2025, with related enforcement solely under the purview of his Attorney General, and that obligations would terminate upon his departure from office. Elizabeth Warren and Richard Blumenthal, citing $3.8 billion in investor losses, have separately called on the SEC to investigate Trump memecoin. The Senate is scheduled to hold a cloture vote on September 15 on the motion to proceed, with the bill needing 60 votes to advance. (Bitcoin.com News)
According to official announcements, Odaily reports that Gate Pre-IPOs Phase 3 project Moonshot AI (KIMI) will officially open subscription on August 11 at 15:00 (UTC+8), with the subscription period lasting until August 13 at 15:00 (UTC+8). This phase introduces KIMI asset certificates, which are mirror notes designed based on changes in Moonshot AI's enterprise value. The subscription price ranges from $105 to $115 per share (subject to final pricing), with the project's implied market value at approximately $50 billion.This phase supports subscription in both USDT and GUSD. Users subscribing with GUSD can also enjoy a 3.8% yield on U.S. Treasury bonds. After the subscription ends, KIMI asset certificates will be fully unlocked and distributed on August 17 at 15:00 (UTC+8), with dedicated market trading expected to open approximately one month after distribution is completed.As the countdown to subscription begins, Gate Pre-IPOs continues to expand participation scenarios for AI, RWA, and innovative assets, providing users with more diversified channels for pre-IPO asset participation.
Odaily News: After a 9-month silence, the X account of renowned artist and Pepe creator Matt Furie became active again in early August, posting content and contract addresses related to HOODRAT, DORK, and BOYZ within a single week. Most of these posts were subsequently deleted. On August 9, the account posted a statement claiming it had been hacked, stating it does not endorse any altcoins, and adding that a relevant notice had previously appeared on its official website. On-chain analyst @StandartXBT noted that after the HOODRAT-related post was published, the token's market cap surged briefly before the price declined; following the DORK deployment, the deployer completed bundled purchases, removed liquidity, and sold off, extracting significant ETH profits from the initial raise. @StandartXBT discovered through web archives that Matt Furie's official website had not previously contained such a notice, and no prior trace was found on the X platform, casting doubt on the credibility of the statement.
Polymarket data shows that the probability of the CLARITY Act becoming law by December 31 stands at 21%, with related contract trading volume exceeding $5.5 million as of August 9. Galaxy Research had previously lowered its expectation for the bill's passage in 2026 from 50% to 30%. On August 8, the U.S. Senate filed a motion to invoke cloture on the motion to advance the bill, but no full chamber vote was held. Senators will return on September 14, and per procedural rules, the first cloture vote is scheduled for September 15. The CLARITY Act aims to delineate the regulatory authority of the U.S. Securities and Exchange Commission (SEC) and the U.S. Commodity Futures Trading Commission (CFTC) over digital assets. Senate negotiations still involve three unresolved issues: ethics enforcement, illicit financial activity provisions, and stablecoin yield. The bill will need 60 votes to overcome a filibuster.
Michael Saylor, Executive Chairman of digital asset treasury company Strategy, posted a Bitcoin holding chart on X on August 9, with the caption "Doing Business." Strategy holds 842,138 Bitcoin on its books, valued at approximately $55 billion as of the morning of August 9. Since June 22, the company has disclosed four sales but no purchases. The Strategy chart shows its average Bitcoin cost basis is $75,653 per coin, with unrealized losses of approximately $9.051 billion. The Strategy dashboard shows that as of 10:06 that day, total reserves including $4 billion in cash stood at $5.889 billion, with the Bitcoin portion valued at approximately $54.9 billion and an average cost basis of $75,419 per coin. On August 3, Strategy filed a document with the U.S. Securities and Exchange Commission (SEC) disclosing the sale of 1,638 Bitcoin from July 27 to August 2, with a transaction amount of approximately $104.73 million and an average price of $63,957 per coin. The company also sold 2,225, 1,363, and 32 Bitcoin on July 6, June 30, and June 1, respectively, and repurchased 912,143 shares of STRC for $81.2 million.
Odaily News – Hyperliquid's RWA perpetual contract trading is growing rapidly, yet platform revenue continues to decline, creating a divergence of "record-high trading volume versus shrinking retained revenue." Data shows that Hyperliquid's open interest climbed to approximately $11 billion on July 13, hitting a new high for 2026, with perpetual contract trading volume over the past 30 days nearing $178 billion, and its share of global perpetual open interest rising to around 9%. Meanwhile, Hyperliquid's protocol revenue has declined for four consecutive quarters, dropping from roughly $357 million in Q3 2025 to about $202 million in Q2 2026, down approximately 43% from its peak.Analysts attribute this primarily to the HIP-3 mechanism, which allows external developers staking 500,000 HYPE to create their own perpetual markets and earn up to 50% of trading fees. In early 2026, developer-deployed markets accounted for only about 2% of Hyperliquid's perpetual trading volume; that figure has now risen to roughly half, meaning an increasing share of trading revenue is being distributed to external developers.Since approximately 97% of Hyperliquid's trading fees are used to buy back HYPE, the decline in platform revenue directly translates to shrinking buyback scale. As of Friday, HYPE was trading at around $55, down about 28% from its all-time high of roughly $77 on June 16. Meanwhile, core contributors unlocked nearly 10 million HYPE on August 6, valued at approximately $550 million at then-prevailing prices, with subsequent unlock schedules continuing through 2027.Overall, Hyperliquid's trading activity is still growing rapidly, but the revenue diversion caused by HIP-3 is weakening the platform's own earnings growth and HYPE buyback support. The boom in its RWA business has yet to fully translate into earnings growth for HYPE holders. (CoinDesk)
OpenAI's AI-native browser Atlas, released in October 2025, officially ceased operations on August 9, 2026, after 292 days online. The article argues that Atlas's shutdown is not merely the failure of a single product, but also reflects the overall pressure facing the "independent AI browser" business model.
Apple China's official website briefly launched the support document "Use Qwen with Apple Intelligence on Mac" on August 8, confirming that Apple Intelligence can collaborate with Alibaba's Qwen model, but the Chinese manual was subsequently deleted, and the original link is now inaccessible.
Odaily News, ECX developer Paul Sztorc has announced that the ECX hard fork will be rolled out in three phases, rather than the originally planned single release on August 23. ECX is a new blockchain that replicates the complete transaction history of Bitcoin at specified block heights. Nearly all Bitcoin holders, except for those holding a portion of Satoshi Nakamoto's Bitcoins, will receive an equivalent amount of ECX, while the Bitcoin network itself remains unchanged. The first Alpha version will be activated on August 23 at block height 963,648, the Beta version will go live on September 20 at block height 967,680, and the permanent full version is scheduled for release on October 31 at block height 973,728. Tokens collected during the Alpha and Beta phases can be burned and exchanged for official ECX once the permanent chain goes live. ECX's replay protection remains an optional mechanism. The official wallet will enable this protection and remind users before executing transactions. Paul Sztorc stated that if users ignore the reminders, ECX will replay their Bitcoin transactions, causing the associated Bitcoins to be transferred out along with the user's actions and moved to new holders. October 31 also marks the 18th anniversary of Satoshi Nakamoto publishing the Bitcoin whitepaper.
Odaily News: U.S. Senate Majority Leader John Thune has filed a motion to invoke cloture on the motion to proceed to consideration of the Digital Asset Market Clarity Act (CLARITY Act), with the Senate scheduled to hold the related procedural vote on September 15. The vote is expected to take place when the Senate reconvenes at 2:15 PM ET that day. The motion requires 60 votes to pass, meaning Republican lawmakers will need Democratic support to clear the procedural threshold. The two parties are still negotiating over provisions such as ethics rules and stablecoin reward regulations, with those differences having previously prevented an agreement before the August recess. This vote only concerns whether to begin floor consideration of the bill and does not represent a final vote or passage by the Senate. The CLARITY Act aims to establish a federal market structure for digital assets, clarify the conditions under which certain crypto assets are subject to securities or commodities law, and define the regulatory responsibilities of the U.S. Securities and Exchange Commission and the U.S. Commodity Futures Trading Commission.