News linked to both this project and an event.
According to Digital Asset, Hyperliquid launched the AQAv2 (Aligned Quote Asset v2) mechanism on August 26, allocating a portion of the returns generated by USDC reserves on the platform toward capital accumulation, which will ultimately be directed to the Assistance Fund for secondary market repurchases and burns of HYPE to reduce its circulating supply. Under this mechanism, Circle is responsible for USDC technical deployment, while Coinbase handles reserve management; stablecoin issuers are expected to share approximately 90% of the relevant reserve returns with the protocol after deducting operating costs. Returns are accumulated on a 30-day cycle, with the initial fund transfer expected on October 3. Market estimates indicate that, based on current USDC outstanding balances and yield rates, annualized returns could reach $135 million to $160 million, although the actual repurchase scale will ultimately depend on the platform's USDC supply and reserve yields.
According to Chaoxiang Research, Morgan Stanley's August 24 report raised its revenue assumption per gigawatt (GW) of externally sold Google TPUs from $20 billion to $27 billion, increasing the gross margin assumption from 20% to 30%. Following these adjustments, TPU-related cloud revenue is projected to reach $84 billion and $108 billion in 2027 and 2028, respectively, marking increases of 35% and 37% over prior forecasts. Morgan Stanley maintains an Overweight rating on Alphabet with a price target of $400, implying 16% upside from the current share price. The upward revision draws support from recent media reports stating that Google has pledged to supply approximately one million TPUs (equivalent to roughly 1.3 GW), generating about $35 billion in revenue. Furthermore, Google's custom silicon agreement with Marvell validates TPU pricing above previous estimates. The firm anticipates Google Cloud will contribute approximately 50% of Alphabet's consolidated EBIT by 2028. Three primary catalysts underpin the potential for valuation re-rating: the rollout of Gemini 4, inference cost reductions through optimized models, and the market deployment of GenAI offerings. The target price reflects a forward P/E multiple of approximately 22x based on 2028 consensus earnings, commanding a premium of roughly 22% relative to the peer median.
According to Yonhap News Agency, SK Hynix showcased a complete lineup of storage solutions for AI infrastructure at the Dell Technologies Forum 2026 held in Seoul, including sixth-generation High Bandwidth Memory (HBM4), HBM4E, AI server DRAM, enterprise SSDs (eSSDs) and client SSDs (cSSDs). The AI data center products include liquid-cooling-ready PEB210 E1.S, high-capacity low-power PS1110 E3.S, and the company's first QLC flash-based enterprise SSD PS1101 E3.S. SK Hynix also served as a partner keynote speaker at the forum for the first time, introducing the applications of next-generation storage technologies in the AI era.
Odaily News: Lisk founder Max Kordek announced that Lisk will pivot to a treasury operations platform for enterprise finance teams, offering treasury management services such as accounts, payments, and approvals, while gradually winding down its original blockchain ecosystem. The new platform targets enterprises operating across entities and jurisdictions that use both fiat and stablecoins. Early access is now available for qualified companies, supporting unified management of bank and stablecoin accounts, bank transfers, stablecoin payments and receivables, and permission-based payment approvals. Future plans include corporate cards, non-custodial treasury management, and payroll integrations.Lisk Chain will shut down on October 31, 2026. Lisk has partnered with the Celo team to provide a migration path for on-chain DApps, developers, and projects to move to the Celo network.Lisk also proposed a plan to gradually dissolve the Lisk DAO, including burning 100 million LSK from the DAO treasury, reducing total supply from 400 million to 300 million; removing staking penalties and allowing holders to flexibly unstake, while gradually shutting down DAO governance infrastructure.Lisk stated that LSK will transform into a "loyalty token" for the new platform, where enterprises can earn rewards by using Lisk's treasury operations platform and referring other businesses, and may also use LSK to pay platform fees in the future. LSK will primarily operate on Ethereum and Base going forward. Users who still hold LSK on Lisk Chain must complete the migration to Ethereum before October 31.
Odaily News – According to SpaceX's stock unlock schedule, Gate's Pre-IPOs first project SpaceX (SPCX) will unlock its first batch of (stock) shares at 20:00 (UTC+8) on August 26. The total amount unlocked in this first batch is 33,900 SPCX, with 20% of stocks unlocked based on the actual holdings in users' spot accounts at the time of the snapshot. The corresponding stocks will be distributed directly to users' Gate stock accounts at a 1:1 ratio.Gate is the first platform in the industry to support Pre-IPO share unlocking and directly distribute listed company stocks to users. This unlocking covers SPCX that users previously obtained and held through Pre-IPOs subscriptions, as well as SPCX purchased later; SPCX that has been sold will not be included in this round of unlocking. Users should check their SPCX holdings and open orders in advance to ensure the SPCX used for this unlocking is in an available status.Gate will continue to provide users with an asset participation experience spanning from Pre-IPOs pre-listing subscriptions, internal trading, to stock unlocking into U.S. stocks. This marks the first 20% stock unlock for SpaceX (SPCX), and the remaining portion will be processed promptly according to the target company's unlocking rules, subject to Gate's official announcements.
TermMax (TMX) has launched on Bitget PoolX, allowing users to lock ETH or TMX to share a total airdrop of 1,380,000 TMX tokens. The lockup period runs from 20:00 UTC+8 on August 25 to 20:00 UTC+8 on August 30. The ETH lockup pool accounts for a total airdrop allocation of 1,290,000 TMX, with an individual lockup limit of 1,500 ETH. This pool also incorporates a long-term holding bonus mechanism: the system will apply an additional bonus to the locked amount based on the user's minimum balance for the corresponding locked asset over the past 15 days. The TMX lockup pool allocates a total of 90,000 TMX for airdrops, subject to an individual lockup cap of 4,200,000 TMX.
According to official sources, OpenAI has banned a group of ChatGPT accounts suspected to originate from Russia, which were used to generate social media content promoting the self-described Israeli-based "expert community," International Burke Institute (IBI). OpenAI stated that the operation involved publishing content on platforms such as Substack, Telegram, X, Facebook, and LinkedIn, while attempting to conceal the operators' Russian origin. Investigations revealed that the IBI website contains copied and misattributed academic content, and has introduced a so-called "Sovereignty Index." Related content tends to present Russia in a positive light while criticizing Western countries.
Odaily News: The U.S. Department of the Treasury has expanded its sanctions framework against Iran to include the digital asset sector, stating that related crypto payments exceeding $100 million have been used to facilitate Iranian crude oil sales. The Treasury's Office of Foreign Assets Control (OFAC) has also imposed sanctions on nearly 60 entities, individuals, and vessels involved in nuclear, missile, cyber, and crude oil networks.This digital asset-related sanctions designation allows OFAC to sanction foreign individuals and companies operating in Iran's digital asset sector or providing support services to related fields. The U.S. Treasury stated that Iran is increasingly using cryptocurrencies to evade sanctions, including processing transactions linked to Iran's Islamic Revolutionary Guard Corps (IRGC) and government insiders.The U.S. Treasury stated that Ivan Obukhov, a Ukrainian national based in the UAE, has processed over $100 million in crypto payments since 2023 to facilitate crude oil sales on behalf of the IRGC's Quds Force. OFAC has added Ivan Obukhov and his UAE-based company, Foscom FZE, to the sanctions list. (Cointelegraph)
According to BeInCrypto, Kylie Jenner’s X account appears to have been compromised, with an attacker posting the ticker and Pump.fun page link for the Solana-based memecoin kylie before the post was subsequently deleted. The token’s market cap briefly spiked to approximately $1.19 million before retreating by around 68%; at press time, it stood at roughly $378,500.
EntropyIO announced the completion of a $14 million funding round, led by Ribbit Capital, along with $40 million in HYPE staking support. The first batch of markets has gone live on Hyperliquid.EntropyIO stated that it has launched the first liquid Anthropic trading market and plans to further expand into assets such as Pre-IPO startups, computing resources, public companies, and global indices to enable around-the-clock trading.Team members come from Citadel Securities, Optiver, Polymarket, and Millennium, and have developed a liquidity-weighted oracle that dynamically adjusts external oracle price weights based on executable market depth, aiming to improve price discovery and liquidity for new asset classes.
Coinbase has launched a Chainlink-based tokenized stock data feed on the Layer 2 network Base, providing developers with real-time market data and order book information.
Odaily News – HyperliquidNews posted on X platform that Kinetiq has published an article introducing Elysium. Elysium will use HYPE as its network gas token and will connect with Hyperliquid's HyperEVM and HyperCore. Kinetiq stated that Elysium will enhance transaction processing performance and throughput, supporting Hyperliquid spot trading, PropAMM deployments, and native oracle functionalities based on Hyperliquid data. The article states that Elysium will provide a high-performance EVM environment, supporting token launches from long-tail AMMs, integration with PropAMM, creation of HyperCore spot order books, and perpetual contract deployments via HIP-3. Elysium's sequencer fee allocation plan is as follows: 25% allocated to developer incentives, 25% to the Kinetiq treasury, and 50% used for programmatic KNTQ purchases on the open market, with the purchased KNTQ sent to the Hyperliquid Assistance Fund for burning. Kinetiq stated that Elysium will launch soon, with technical specifications for developers and traders to be released in the near future. At launch, its throughput and performance will exceed that of HyperEVM.
Bitget launches a Crypto vs. Stock Futures Trading Competition, running from August 24 to August 31. During the event, users who reach specified thresholds with their cumulative crypto and stock futures trading volumes will earn lucky draw entries, with a maximum prize of 100 USDT per draw. Additionally, users can separately participate in trading tasks for either the crypto or stock futures track. The two tracks are calculated independently, with a maximum reward of 500 USDT per track. Users ranking in the top 10 based on total cumulative trading volume will receive ranking prizes, with the champion exclusively winning 1,000 USDT. For more details, please refer to the Bitget official platform.
Odaily News - CryptoQuant analyst Darkfost stated on the X platform that the altcoin market has recently shown clear signs of recovery, with market structure undergoing changes, and "Altseason" may have entered its early stages. Data shows that from August 19 to 22, the total market cap of altcoins increased by approximately $215 billion, surging over 24% in just 3 days, pushing the total altcoin market cap back above $1 trillion.Darkfost pointed out that mid- and small-cap altcoins have performed the strongest in this rally. Due to their lower circulating market caps, these assets are more sensitive to capital inflows, while also carrying higher two-way volatility risks.Data from the Binance platform further reinforces the signals of an altcoin market recovery. Since last November, approximately 80% to 85% of altcoins have remained below the 200-day moving average (200-DMA), but currently 56% of Binance-listed altcoins have climbed back above this key technical indicator, suggesting the market may be entering a new cyclical phase.Darkfost believes this trend reversal is linked to a series of positive cryptocurrency signals recently released by Trump. On August 19, Trump stated that the U.S. would "massively purchase Bitcoin" and urged Congress to push through the CLARITY Act, while claiming his administration had ended previous unfriendly policies toward the crypto industry. These remarks boosted market sentiment, and against a backdrop of low trading volume and reduced selling pressure, substantial capital began flowing into the altcoin market, driving gains across multiple sectors simultaneously.Darkfost noted that from a historical perspective, the current broad-based altcoin rally is typically viewed as an important signal of the early stage of altseason. However, he also cautioned that the market has entered overbought territory in the short term, and investors should be wary of periodic pullbacks. If the overall upward momentum continues, new investment opportunities may still emerge down the road.
The Paul Ryan Foundation has announced plans to launch RISE, a blockchain-based benefits distribution pilot project on the Canton network, expected to begin in three U.S. states in 2027. The initiative aims to reduce the income penalty effect for recipients by integrating multiple benefits and automating calculations.
Odaily News According to official sources, predict.fun has announced the launch of a prediction market for the Honor of Kings Pro League, allowing users to engage in prediction trading on match outcomes and results. This launch marks predict.fun's further expansion into the esports sector, enabling users to express their judgments on match results through on-chain markets and earn potential returns based on market price movements. Unlike traditional esports betting models, prediction markets generate dynamic probabilities through participants' buying and selling behavior, providing a publicly transparent price discovery mechanism for match outcomes.
Odaily News: Ethereum co-founder Vitalik Buterin has published his latest article "Obfuscation (Part 3): Local Mixing," providing an in-depth introduction to an emerging cryptographic obfuscation approach — "Local Mixing" — and describing it as a potential new fundamental cryptographic tool following elliptic curves, RSA, and lattice-based cryptography.Vitalik noted that current mainstream obfuscation techniques primarily rely on complex mathematical assumptions but often incur extremely high computational costs. Local mixing, by contrast, takes a completely different approach. Rather than depending on elliptic curves, large integer factorization, or lattice cryptography, it draws on design principles from symmetric cryptography and hash functions, continuously shuffling, restructuring, and hiding circuit architecture to eliminate information leakage while preserving functionality.He explained that the local mixing technique mainly involves steps such as reversibility, hardening, mixing, splitting, crossing walk, and "gadgetization." By introducing random structures into circuits, rearranging logic gates, and employing nonlinear hiding mechanisms, it makes it difficult for attackers to recover the original computational logic.Vitalik pointed out that the technique remains in its early stages, with security not yet subject to long-term validation, and it still faces challenges such as random attacks and linear analysis. Nevertheless, he believes local mixing represents an entirely new path of cryptographic exploration aimed at building more efficient indistinguishability obfuscation (iO) schemes.He stated that if local mixing achieves a breakthrough, it could lead to new quantum-resistant public-key encryption schemes and advance the development of general-purpose obfuscation techniques. While the field still requires years of cryptanalysis and optimization validation, AI-assisted research could significantly accelerate this maturation process.Vitalik described obfuscation as the "final frontier" of cryptography, as theoretically all other cryptographic primitives can be constructed from obfuscation and one-way functions. Local mixing not only has the potential to reduce the cost of traditional obfuscation schemes but could also become an important direction for future cryptographic infrastructure.
Odaily News: RWA trading platform MSX Maitong has announced that it will open subscription for the third round of MSX Pre-IPO projects at 18:00 (UTC+8) on August 31, 2026. This round will exclusively feature two globally high-profile AI unicorns—Neuralink, the brain-computer interface leader under Elon Musk, and Anduril Industries, a top-tier AI defense technology unicorn in the United States.Previously, the second round of MSX Maitong Pre-IPO projects, featuring Polymarket, has opened for redemption, with subscription yields reaching 33.3%. The introduction of Neuralink and Anduril in this third round further expands the platform's Pre-IPO portfolio into cutting-edge technology assets.Users participating in this round of subscription are required to hold $MSX. Subscription quotas will be allocated based on users' effective holdings, with specific allocation tiers and participation rules subject to the information published on MSX's official platform.
According to a Grayscale research report, as AI-driven financial monitoring capabilities continue to expand, the demand for financial privacy is experiencing a third wave of renewed interest, potentially benefiting Zcash (ZEC). The report notes that Zcash’s zero-knowledge proof-based shielded transaction technology conceals the sender, recipient, and transaction amount, establishing a differentiated positioning compared to Bitcoin’s transparent on-chain records. Current on-chain data shows that shielded transactions now account for approximately 90% of Zcash’s total network transaction volume, while shielded supply has reached around 4.2 million ZEC, representing 25% of the circulating supply, with both figures hitting all-time highs. In terms of valuation, ZEC holds a market capitalization of approximately $8 billion, accounting for only 0.6% of the total market cap within Grayscale's "Cryptocurrency Monetary Sector". If its market share increases to 5%, the theoretical valuation space would be roughly nine times the current level. The report also cautions that Zcash faces multiple risks, including regulatory compliance, legacy issues from historical trusted setups, quantum computing threats, and protocol upgrade execution challenges, requiring investors to conduct prudent assessments.
Coldcard has released the latest firmware 5.6.1 (Mk4/Mk5) and 1.5.1Q (Q). This update is based on a three-week security review following the emergency fix on July 31, addressing security risks brought by the previous mnemonic generation attack. Each newly generated mnemonic must now include at least one source of user entropy, including at least 65 irregular keystrokes, 50 physical dice throws, or 128 physical coin flips, combined with fresh entropy provided by STM32 TRNG, SE1, and SE2. The new firmware also adds instant staged PSBT verification before signing, strengthens USB connection and firmware update boundaries, improves Delta Mode isolation mechanisms, fixes active wallet backup issues, enhances random number generator initialization and fault checking, adjusts SIGHASH default settings, and includes multiple security and correctness improvements. Coldcard stated that this update aims to further reduce the risk of device attacks. The official reminder notes that updating the firmware cannot fix existing mnemonics generated by previously affected firmware. If users' mnemonics fall within the scope of this security advisory, they should first update the device, then generate and verify a completely new mnemonic, and migrate funds to the new wallet. Coldcard recommends that all Mk4, Mk5, and Q users update their devices promptly and verify the signature of the downloaded firmware.