News linked to both this project and an event.
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 Nvidia will release its fiscal 2026 second-quarter earnings after the U.S. market close. According to analyst estimates compiled by LSEG, the company's quarterly earnings per share are expected to be $2.10, with revenue projected to reach $92.17 billion.The market expects Nvidia's revenue to nearly double from $46.7 billion in the same period last year, continuing the rapid growth driven by the wave of artificial intelligence infrastructure investment. As a core supplier of AI computing power, Nvidia's GPUs are widely used to train and run advanced AI models, and the company is also involved in advancing the construction of next-generation AI data centers through financing support and other means.However, after nearly three years of significant gains, investor expectations for Nvidia have become more cautious. As of Tuesday's close, Nvidia has risen approximately 14% year-to-date, slightly outperforming the Nasdaq index. Market concerns include competitive pressure from rivals such as AMD and Google, as well as rising costs stemming from the global memory chip shortage.Currently, Nvidia is in a new product cycle, with its latest Vera Rubin AI system already being delivered to customers including Microsoft and OpenAI. Investors will focus on sales progress and supply conditions for the Rubin and Blackwell chip families, as well as the company's outlook for future AI computing power demand.Nvidia CEO Jensen Huang has previously stated that he expects the current product cycle based on the Blackwell and Vera Rubin architectures to generate cumulative sales of $1 trillion by 2027. The company will hold its earnings conference call at 5:00 PM ET. (CNBC)
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.
Odaily News - DGrid AI's native token DGAI nearly doubled on its first day of trading, trading at approximately $0.73 on Tuesday, up nearly 93% over the past 24 hours, with a market cap of around $110 million and trading volume exceeding $165 million.DGrid AI is expanding its decentralized AI network, connecting users, developers, and distributed nodes to process AI inference requests. DGAI is used for payments, staking, and node rewards. The network employs a "Proof of Quality" mechanism to evaluate results, requiring node operators to stake DGAI, with penalties imposed for underperformance or violations.DGrid AI sold over 140 DClaw Boxes within hours at $1,580 USDT per unit, generating sales exceeding $221,000 USDT. The device is used to run DClaw personal AI agents, connecting users with AI models through a decentralized network of independently operated nodes. (Cointelegraph)
According to CNBC, World Liberty Financial, the Trump family-backed crypto project, stated that the rapid growth and genuine market demand for its USD1 stablecoin have refuted external claims that the project primarily relies on political connections for development. The circulating supply of USD1 currently exceeds $4 billion.
According to The Block, Franklin Templeton has partnered with HashKey Exchange in Hong Kong to launch the Franklin OnChain U.S. Government Liquidity Fund on its Earn channel, offering tokenized money market fund products to professional investors across Asia. The fund primarily invests in U.S. government money market instruments and USD cash assets, and is not currently available to the retail public in Hong Kong. Franklin Templeton stated that both parties plan to expand their cooperation from tokenized money market funds to more tokenized products in the future, leveraging HashKey’s multi-jurisdictional platforms covering Hong Kong, Singapore, Tokyo, Dubai, and Bermuda to drive distribution. Previously, the firm launched Hong Kong's first tokenized money market fund in November 2025. Data shows that as of August 23, the global tokenized RWA asset market reached $38.2 billion, with tokenized U.S. Treasuries accounting for approximately $15.6 billion.
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.
Enflame Technology (688801.SH), one of China's "Four Little Dragons" in the domestic GPU sector, announced that it will launch its initial public offering and list on the STAR Market, planning to issue 43.035173 million shares, accounting for 10% of the post-issuance total share capital of 430 million shares.
Odaily News: Fintech institution Responsible Fintech Institute (RFI) and crypto asset custody infrastructure provider Safeheron have announced the launch of a pilot for quantum-resistant digital asset wallets and on-chain transfers, with participants from Europe, the Middle East, and Asia. The pilot runs on the quantum-resistant NEAR testnet and utilizes a multi-party computation protocol supporting the ML-DSA-65 standard.Participating regulators include Abu Dhabi Global Market, Bhutan's Gelephu Financial Services Office, and Malta's Financial Services Authority, with Bison Bank and DK Bank participating as financial institutions. Banks will test wallet generation and transfers in a shared application environment, with regulators observing in the initial phase and later participating in governance workflows.The organizers plan to publish a whitepaper covering research, protocol design, and test results, and will gradually open-source the underlying technology. The Hong Kong Monetary Authority plans to fully prepare Hong Kong's banking sector for quantum security risks by 2030, while a 2025 report from the Bank for International Settlements recommends that financial institutions migrate to quantum-resistant systems in phases. (Cointelegraph)
Odaily News - Investment manager Lawrence Lepard, author of The Big Print, stated that even if the CLARITY Act (Digital Asset Market Clarity Act) passes the Senate with 60 votes, stablecoin demand will not be sufficient to improve the current state of the U.S. Treasury market.He noted that the current stablecoin market cap stands at approximately $255 billion, primarily backed by U.S. Treasuries purchased by Circle and Tether, down from $263 billion in January. The U.S. Treasury needs to roll over more than $8 trillion in debt annually, with stablecoins covering only about 3% of that amount.In 2025, the share of U.S. debt held by foreign entities has dropped to 32%, down from 57% after the financial crisis. Coinbase Chief Policy Officer Faryar Shirzad stated that dollar-backed stablecoins could convert overseas demand for digital dollars into demand for U.S. Treasuries. (Bitcoin.com News)
Monitoring by PPP Prediction Market Tool shows that on Polymarket, the probability of "Trump picking Margo Martin as the next White House press secretary" briefly rose to 15% before falling back to 9%, up 5% over 24 hours.When asked this week at Joint Base Andrews in Maryland about who would succeed White House press secretary Leavitt, Trump suddenly asked reporters: "What about Margo, what do you all think of her?" He also jokingly turned the question back to the reporters on site, saying, "I don't know (who it will be), maybe it's you."Karoline Leavitt will leave office at the end of August, making "who will succeed Leavitt" a recent focus of U.S. media attention. Margo Martin currently serves as Special Assistant to the President and Communications Advisor, primarily responsible for sharing information about presidential activities via social media.Join the PPP Signal Push Community to stay one step ahead and seize the initiative.
Odaily News: The Bank Policy Institute (BPI), an organization representing major banks including JPMorgan, Bank of America, Wells Fargo, and Citi, has proposed that the U.S. Treasury's Financial Crimes Enforcement Network (FinCEN) expand Customer Identification Program (CIP) requirements to stablecoin secondary markets, covering exchanges and other platforms that establish direct account relationships with retail customers.BPI stated that relevant exchanges and platforms handle a substantial volume of purchasing and selling activity within the payment stablecoin ecosystem, and that the majority of stablecoin-related illicit activity occurs in this space. Should the proposal be incorporated into the rules, affected platforms would be required to collect customer information under the Bank Secrecy Act, and decentralized exchanges could also fall within the regulatory scope.FinCEN's proposed rule notes that secondary market transactions of stablecoins on the blockchain typically involve anonymous or pseudonymous identities, with no centralized node collecting identity information, and that issuers have limited ability to gather customer data from secondary markets. BPI has also joined other banking organizations in opposing the current version of the Digital Asset Market Clarity Act. (Bitcoin.com News)
Odaily News: predict.fun announced on the X platform that the lower bracket final market for "The Predict International" is now live. More markets will be available for tomorrow's grand final, with each market typically offering more AP. Due to the short interval between the lower bracket final and the grand final, the platform will list the grand final event market as soon as possible, but users may have a limited time window to lock in positions before the grand final begins. Users planning to participate should be prepared to act quickly.
Odaily News: Coinbase CEO Brian Armstrong stated that the U.S. Digital Asset Market Structure Clarity Act (CLARITY Act) is expected to receive more than 60 votes of support in the U.S. Senate by September 15, and he is confident it will pass the first key procedural vote after Congress reconvenes.Brian Armstrong previously stated that the CLARITY Act has entered its final advancement phase, and the Senate procedural vote requires 60 votes of support to move the bill forward. The bill aims to establish a U.S. digital asset regulatory framework, clarifying the division of responsibilities between the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) in overseeing crypto assets. Armstrong believes that regulatory clarity for the U.S. crypto industry is approaching—whether through the eventual passage of the CLARITY Act or through regulatory agencies advancing administrative rules, the market will see a more defined regulatory environment.Previously, former U.S. President Donald Trump also called on Congress to push for the CLARITY Act's passage, arguing that the bill is crucial for establishing a digital asset regulatory framework and enhancing the competitiveness of the U.S. crypto industry. reuters.com However, the bill still faces disputes from some lawmakers over issues such as conflicts of interest and stablecoin regulation, and whether it can ultimately be enacted depends on further negotiations in the Senate. (CoinDesk)
Odaily News – Hyperliquid's native token HYPE is approaching $73. Crypto trader Pentosh1 noted that its fee burn mechanism will expand after the AQAv2 upgrade, potentially supporting continued outperformance in the next bull cycle.Since November 2024, Hyperliquid has repurchased and burned 462 million HYPE, worth approximately $1.27 billion, with about 99% of protocol fees allocated to buybacks. The platform's annualized protocol revenue currently stands at roughly $600 million to $950 million.AQAv2, or Aligned Quote Asset v2, is scheduled to begin on August 26, channeling approximately 90% of the yield generated from the platform's over $5 billion in USDC reserves into the Assistance Fund, with the first payment expected to arrive on October 3.Market observers estimate that AQAv2 could add an additional $135 million to $160 million in annual buyback volume. Coinbase and Circle—designated as Hyperliquid's official USDC fund deployment partners in May—have both committed to staking a significant amount of HYPE to help launch the mechanism. (Bitcoin.com News)
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.
QCP reported that Bitcoin's rise is linked to declining US long-term Treasury yields and a weakening US dollar, following the US Treasury's announcement to expand the scale of its long-term Treasury liquidity support repurchase agreements starting September 9. Markets will now focus on the US July PCE data on August 26, the Jackson Hole Global Central Bank Symposium from August 27 to 29, and the Federal Reserve's policy meeting on September 15–16. QCP believes that the key factor for the current cryptocurrency market is whether spot demand can sustain itself following initial position adjustments, particularly amid the backdrop of rising leverage.
Odaily News - Bitcoin extended its gains on Wednesday and climbed above $72,000 on Thursday, reaching its highest level since June 1.Market analysis suggests that the recent rally is primarily driven by easing pressure in the U.S. Treasury market. The White House's earlier signals of support for Treasury market stability alleviated investor concerns over bond market volatility. However, the longer-term trajectory still depends on changes in Federal Reserve liquidity policy.Analyst Pedro Fontes noted that if the world's largest debt market requires policy support to maintain stable operation, it would further strengthen demand for assets that are scarce, predictable, and not reliant on government debt expansion—characteristics that Bitcoin aligns with. Meanwhile, the U.S. dollar index fell 0.88% to 98.77 yesterday, hitting a fresh low since May.Strive Founder and CEO Matt Cole stated that the dollar index has been in a long-term "structural downtrend," and a weaker dollar could create a more favorable investment environment for assets like Bitcoin. Markets will continue to monitor the White House's further remarks on the bond market, shifts in geopolitical conditions, and U.S. initial jobless claims data today, as these factors could influence Treasury yields and market liquidity expectations. (CoinDesk)
Odaily News, Coinbase CEO Brian Armstrong posted on X platform, listing his "vision checklist" for the upcoming market: first, the CLARITY Act will receive strong bipartisan support and pass the vote on September 15, followed by "Uptober," and the start of the next crypto bull market. Armstrong stated, "Everything is unfolding as predicted."
Odaily News: Hyperliquid ecosystem project team HyperLabs has unlocked 433,025 HYPE, worth approximately $23.46 million, and has been continuously depositing tokens into trading platforms, including Flowdesk and OKX. Tracking data shows that an additional 9.92 million HYPE is expected to be unlocked on September 6, worth approximately $589 million based on a price of $59.39. The Hyper Foundation publishes the claim amounts around the 6th of each month. In March, only 173,217 HYPE were actually claimed, lower than the planned 99,200 tokens. Tokenomist data shows that the aid fund has repurchased 11.9 million HYPE from the unlock schedule, accounting for approximately 14%. The repurchased tokens will be burned, reducing the current total supply to 955.3 million HYPE. Certified Public Accountant Dat Ngo stated that tax liabilities typically arise upon token vesting, and some holders may sell tokens to cover taxes. TMGM CPA Ashley Akin stated that if the market is not overly leveraged, the $581 million unlock can still be absorbed, but combined with margin requirements, it would increase trading difficulty. On-chain perpetual contract trading platform Hyperliquid does not restrict users from trading during certain news events. Market data shows that liquidation volume has dropped 71%, trading volume has fallen 50%, and open interest continues to decline. Bitcoin remains below $65,000, and the Federal Open Market Committee (FOMC) meeting minutes will be released ahead of the Federal Reserve's September 15-16 meeting. (Forbes Digital Assets)