News linked to both this project and an event.
Odaily News: Buying on the first day of the conflict, bottom-fishing right before strikes were paused, and clearing positions before strikes resumed... Trump’s investment accounts have reportedly executed 23 “Buffett-level trades” over the past six months, with unrealized gains exceeding one million dollars.It is reported that during the first six months of the ongoing geopolitical conflict, investment accounts linked to Trump generated substantial returns through active trading in energy stocks. These holdings spanned nine major players in the U.S. energy sector, significantly benefiting from supply disruption fears triggered by the conflict. A report released in August by the Democratic staff of the U.S. Congress Joint Economic Committee (JEC) provided a higher estimate, calculating that Trump’s broader oil and gas investment portfolio has increased in value by up to $15.5 million so far this year.The report quickly sparked political backlash. Democratic Senator Elizabeth Warren publicly criticized Trump, stating that his initiation of the conflict with Iran this year directly drove the surge in oil and gas stocks—while his own substantial holdings rose accordingly. (CNBC)
According to CoinDesk, the Algorand Foundation has officially appointed William Herkelrath as chief executive officer, succeeding Staci Warden, who served for nearly five years. Herkelrath previously held leadership roles at blockchain data provider Chainlink and crypto custody firm Curv, and co-founded the AI automation platform K3 Labs. He officially assumed office on August 31. The Algorand Foundation stated that the new CEO will focus on driving institutional business expansion and post-quantum security initiatives. To date, Algorand has introduced post-quantum accounts based on the Falcon-1024 lattice-based signature system through its v42 consensus upgrade, with plans to achieve full quantum resistance prior to 2028. Additionally, the foundation’s board is undergoing concurrent adjustments, with Alex Fowler joining while Rebecca Rettig and Michael Mosier depart.
Bitcoin News stated on the X platform that the U.S. Treasury has expanded sanctions against Iran, covering the country's entire digital asset industry, allowing OFAC to take action against industry operators regardless of their location. The measure took effect on August 24 and also extends to gold, shipping, aviation, and technology. Elliptic's tracking found that Iran's central bank has acquired at least $507 million worth of USDT; Tether froze $344 million in USDT linked to the bank in April. Iran also obtains crypto assets through Bitcoin mining, with Elliptic estimating its Bitcoin mining accounts for approximately 4.5% of the global total, generating hundreds of millions of dollars in crypto assets annually. The measure does not automatically sanction all Iranian cryptocurrency users, but the U.S. Treasury has gained broader authority to target the industry and supporters of designated entities.
Odaily News, Bitget has released its August 2026 transparency report, disclosing the latest progress in building its multi-asset trading ecosystem. In terms of US stock tokens, taking rNVDA as an example, its single-day trading volume reached $38.5 million, with over 4,200 users completing approximately 112,800 trades. Around 36% of this trading volume occurred outside regular US market hours, reflecting that rToken is becoming a core tool for investors to break through traditional trading time constraints and achieve 7×24-hour global asset allocation.On the institutional business front, Bitget has launched an institutional-grade CFD liquidity solution targeting quantitative teams, proprietary trading firms, funds, brokers, and high-net-worth professional traders, supporting high-frequency quantitative trading, spot-futures arbitrage, and automated trading scenarios such as EAs. Meanwhile, the platform has listed FCNs (Fixed Coupon Notes), bringing traditional financial structured products into the tokenized US stock market, making it the first crypto exchange to combine the FCN structure with USDT settlement and US stock rToken delivery. As related products and trading infrastructure continue to improve, Bitget is further strengthening its capabilities in institutional-grade services, multi-asset coverage, and liquidity.Additionally, third-party data shows that Bitget stands out in terms of liquidity and execution efficiency for tokenized stocks and stock perpetual contracts. In DeFiLlama's liquidity benchmark tests covering five stock spot markets — MSTR, SPY, QQQ, CRCL, and NVDA — Bitget recorded the lowest median bid-ask spread of 0.83 basis points and maintained the deepest order book liquidity across all sampled markets. In execution benchmark tests covering 36 stock perpetual contracts and 8 metal and commodity perpetual contracts, Bitget maintained a deep lead on approximately 90% of trading pairs.
ARK Investment Management has filed an exemption application with the U.S. SEC to issue a tokenized share class for its venture fund, ARK Venture Fund. The SEC issued a related notice on August 24, setting September 18 as the deadline for hearing requests. ARK has chosen to pursue the exemption for the tokenized share class through the standard exemption application process, rather than wait for tokenization exemptions that the SEC has hinted at but has not yet published.
Odaily News According to the latest report "RWA Perpetuals: State of the Market — August 2026" released by CoinMarketCap, the cumulative trading volume in the RWA perpetual futures market has reached $3.16 trillion, with August alone recording $799.5 billion in monthly trading volume, setting a new all-time high. Gate has emerged as the most prominent trading platform in this growth phase: from June to August, its trading volume surged approximately 5.3 times, making it the fastest-growing exchange among platforms with monthly trading volumes exceeding $5 billion during the same period.In August, Gate's RWA perpetual futures trading volume reached $64.8 billion, 2.6 times its record-breaking July volume, ranking third globally among centralized trading platforms and accounting for 9.3% of total CEX trading volume. The report specifically noted that Gate's highest weekly trading volume hit $20.65 billion during the week of August 17, coinciding with the period of sharp volatility in memory chip stocks, also marking a new all-time weekly high for Gate.CMC emphasized that Gate has maintained strong growth despite heightened market volatility and rapidly shifting trading dynamics. Notably, its peak trading week did not occur at market highs but during a market correction period, indicating a trend where trading flow further concentrates toward Gate during periods of intensified volatility.
Odaily News - Recently, the decentralized stablecoin USDD released its August 2026 monthly transparency report. The report shows that as of August 31, USDD's circulation stood at approximately 1.53 billion tokens, with reserve assets reaching $2.26 billion and a collateralization ratio of 147.96%. The overall operation remains stable, the ecosystem continues to expand, and utility is steadily increasing.It is reported that during August, USDD Vault was officially expanded to the Ethereum ecosystem, allowing users to mint USDD using ETH and WBTC as collateral assets. The GasFree transfer feature added support for USDD, enabling zero-gas transfers on the TRON network. Additionally, deepened collaborations with platforms such as Binance Wallet, Gate DEX, and Pendle have further enriched yield-generating scenarios. Smart Allocator's cumulative earnings reached $26.738 million, with monthly new earnings of $3.015 million, representing a 13.6% quarter-over-quarter increase.The report comprehensively discloses USDD's reserve structure, yield operations, treasury health, and ecosystem progress, continuously reinforcing its over-collateralization and fully on-chain transparency mechanisms. According to officials, the project will continue its growth momentum, further expanding the ecosystem, enhancing utility, and deepening integrations with mainstream DeFi protocols to create more opportunities for users to participate in the ecosystem.
According to the post-incident report released by Tectonic, the Cronos blockchain lending protocol Tectonic suffered an oracle manipulation attack at 12:49 UTC on August 30, 2026. By repeatedly borrowing and re-collateralizing TONIC tokens 98 times within a single transaction, the attacker drove up the TONIC collateral price by approximately 195 times. Leveraging this artificially inflated value, they subsequently extracted assets with a nominal value of $120.4 million from nine lending markets, spanning USDC, USDT, WBTC, WETH, and other assets. The attacker then bridged the stablecoins to Ethereum and converted them to ETH, while selling the remaining assets for CRO on the Cronos chain before withdrawing them. Approximately $9.19 million in total successfully escaped before the network halt. At 14:32 UTC, Cronos validators emergency-paused the network, rolling back the on-chain state to pre-attack conditions and restoring assets still held on Cronos. Currently, Tectonic's supply and borrowing functions remain suspended, while withdrawal and repayment capabilities continue normally. Tracing efforts for the stolen funds are being coordinated by blockchain forensics firms, law enforcement agencies, and stablecoin issuers, with freeze requests already filed with the relevant issuers.
: Harmony has released an update on the exchange reconciliation progress following the August 11 incident. It has verified on-chain deposits/withdrawals and cross-platform fund flows with Binance, Gate, KuCoin, MEXC, OKX, and Binance.US, prioritizing the coordination of restoring ONE deposits, withdrawals, and trading, with specific timelines to be announced separately by each exchange.Harmony stated that after matching 295 cross-exchange transfers totaling approximately 3.493 billion ONE and adjusting for circular transfers and returned funds, the preliminary shortage has been reduced from approximately 10.234 billion ONE to 6.581 billion ONE, a decrease of about 3.653 billion ONE. This change reflects an adjustment in reconciliation methodology and does not equate to newly recovered funds.Among these, Binance's data remains a preliminary upper-bound estimate, while some data from Gate and OKX are still pending final verification. Exchange teams have already frozen significant ONE balances and hacker proceeds. These efforts will be coordinated with the ONE migration and validator transition proposal, and validators may cease operations starting 22:00 Beijing time on September 10.
The People's Bank of China increased its gold holdings in August to a single-month record high, and Huawei released its next-generation chips. LME copper prices broke through a record of $14,533, the Japanese yen surged sharply, and geopolitical tensions in the Middle East continued to escalate.
According to Digital Asset, South Korea’s National Tax Service issued its latest official interpretation on August 28, clarifying that even if an overseas virtual asset exchange has declared bankruptcy, residents holding accounts at such exchanges are still legally required to fulfill their overseas financial account reporting obligations. Previously, an applicant questioned whether reporting was still mandatory after holding an account at an overseas exchange that went bankrupt in November 2022, prompting a clear response from the tax authority. Under Article 53 of the Act on International Tax Adjustment, anyone with an overseas financial account balance exceeding 500 million KRW at the end of any month in a given year must file a report with the tax office in June of the following year. Virtual assets have been included in the reporting scope since 2023.
Odaily News: Bitcoin fork asset BTCB2 hit an all-time high of $1,799 on September 5. Over the past 4 hours, its price has fluctuated between 750 and 1,000 USDC; the Neoxa USDC market recorded a 24-hour trading volume of approximately $1 million.BTCB2 originated from a chain split that occurred on August 8, 2026, at block height 961,632. The network subsequently changed its proof-of-work algorithm to Blake2 and reduced block size, and it can now be mined using Blake2-compatible ASIC miners.Neoxa Exchange and Nonkyc.io have listed BTCB2, with the former offering BTC, USDC, and USDT trading pairs, and the latter offering a USDT trading pair. Both platforms have limited liquidity, and CoinMarketCap and CoinGecko have not yet listed the asset.Based on a BTCB2 price of $1,000, its fully diluted valuation stands at approximately $20.9 billion. Since UTXOs need to be split from Bitcoin first, transactions may otherwise be vulnerable to replay attacks; the network's hash rate has risen by 30.41% over the past 7 days, reaching approximately 5.1 PH/s. (Bitcoin.com News)
On September 7, macroeconomic data from multiple countries, including China's August foreign exchange reserves, Germany's July industrial production, and the final Q2 GDP for the eurozone, will be released. Investors should closely monitor European and UK-related indicators released between 14:00 and 17:00 on that day.
Next week features a dense schedule of global macroeconomic data releases, with Friday’s US August CPI data taking center stage. China’s August foreign exchange reserves, trade balance, CPI, and M2 figures will be released in sequence, while the European Central Bank’s interest rate decision will coincide with Apple’s autumn product launch event.
Odaily News: Solana announced on X platform that it processed 5 billion transactions in August, surpassing the combined transaction volume of all other blockchain networks, equivalent to processing over 100,000 transactions per minute, while maintaining transaction fees far lower than other public chains. Additionally, the Alpenglow upgrade, aimed at significantly boosting network confirmation speed, is expected to launch this October, potentially reducing transaction confirmation time from approximately 12 seconds to 400 milliseconds.
Tensions rise following an oil tanker attack near Iran's Hormuz Island in the Middle East, as France completes the repatriation of its gold reserves. South Korea's H1 export value hits a record high, while China's August logistics demand remains in expansion territory.
Odaily News Lighter team released the project's August data summary. In August, Lighter's open interest (OI) exceeded $1 billion, with trading volume reaching approximately $39.5 billion, and its global market share in perpetual contract trading volume continued to rise month-over-month. The independent trading platform built by Robinhood in partnership with Lighter also achieved significant growth in August, with total trading volume reaching approximately $5 billion and total accounts surpassing 21,000, generating approximately $500,000 in total trading fees for the month. Additionally, Lighter repurchased a total of 927,800 LIT tokens in August.According to OKX market data, Lighter is currently trading at 4.42 USDT, up over 15.16% in the past 24 hours.
On Friday, September 4, 2026, US August nonfarm payrolls, unemployment rate, and wage data will be released. On the same day, multiple Federal Reserve officials and the Bank of England Governor will speak, while eurozone retail sales data will also be published concurrently.
BitFuFu (NASDAQ: FUFU), a Bitcoin mining company backed by Bitmain, reported its August operating results, showing a monthly output of 174 BTC, including 88 BTC from self-operated mining and 86 BTC from cloud mining. As of the end of August, the company held 1,373 BTC. BitFuFu's total managed hashrate increased from 14.2 EH/s in July to 20.6 EH/s, a month-over-month increase of 45.1%; managed power capacity grew from 255 MW to 344 MW, while the average energy efficiency of mining machines improved to 16.7 J/TH.
According to Odaily, the latest data from Bitget shows that the platform's stock token rToken has surpassed $200 million in Assets Under Management (AUM). In terms of trading activity, cumulative rToken trades reached 1.2 million in August, with the number of active traders growing 20% month-over-month and weekend trading volume share rising 8% compared to the previous month.As reported, rTokens—identified by the letter "r" followed by the stock ticker (e.g., rNVDA for Nvidia)—are issued by Reality, a licensed RWA protocol under Bitget. Through a partnership with compliant brokerage Alpaca, rTokens connect directly to global liquidity pools such as Nasdaq and the New York Stock Exchange. Key features include: 1:1 reserve backing of underlying assets held by licensed custodians, stock dividends distributed 1:1 in token form, synchronized corporate actions such as stock splits and reverse splits, and the ability to use holdings as joint margin for Unified Account and USDT-margined contracts—allowing users to hold global equity assets while still managing capital flexibly.