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According to on-chain analyst Yu Jin's monitoring, the Garrett Jin whale entity (0x92ea...50e9) increased its position by 600 BTC long contracts at a price of $79,000 in the early morning, worth $47.4 million.This entity has held BTC long contracts for 3 months, currently holding 1,868 BTC long contracts, worth $147 million, with an average price of $77,090, resulting in an unrealized profit of $2.78 million; at the same time, it holds 32,700 ZEC short contracts with an average opening price of $444, worth $25.28 million, resulting in an unrealized loss of $10.74 million.

According to the Form D document disclosed by the U.S. Securities and Exchange Commission (SEC), the prediction market platform Kalshi Inc. is conducting a private equity offering under Rule 506(b) exemption, with a total issuance size of approximately $1.499998 billion, of which approximately $1.12001 billion has been sold, leaving approximately $379.99 million remaining for sale. The document shows that the first sale date is April 3, 2026, and 71 investors have already participated.

The decentralized perpetual contract protocol Lighter announced that its average block proof time has decreased from about 5.3 minutes to about 1 minute over the past month. This progress was achieved through two independent optimizations launched on July 23 and August 23. Lighter can now complete block verification faster, thereby increasing processing capacity, reducing infrastructure costs, and creating space for further expansion.The first optimization is the Heavy/Light decomposition. This solution splits the transaction circuit into light circuits and heavy circuits, allowing simple quote updates, which account for the vast majority of transactions, to only pay for light constraints, thus halving the proof time. The second optimization comes from the Prover backend optimization brought about by the proof competition held in collaboration with Eigen Labs, which again halves the proof time under the same circuit conditions. The first batch of optimizations went live on August 23, with more batches still in progress. Additionally, on August 10, all Schnorr signature verifications were incorporated into a single Plonky3 proof for each block, resulting in approximately a 20% improvement.The above optimizations are orthogonal and their effects are cumulative. The remaining competition optimizations are expected to bring about an additional 2x improvement, potentially reaching a total of about 10x compared to mid-July. Currently, Lighter's sustained processing capacity has exceeded historical peak loads, and the finality limit for withdrawals has been reduced from about 21-22 minutes to about 16-17 minutes, maintaining stability during peak traffic periods.

According to the Nikkei, Japan's Financial Services Agency, Ministry of Finance, Bank of Japan, and financial institutions plan to establish a research group in the summer of 2026 to promote the construction of next-generation payment and settlement infrastructure based on blockchain (distributed ledger), with a specific preparation plan expected to be formed in early 2027.The plan initially focuses on government bonds and stock trading, aiming to achieve 24-hour instant settlement of funds and securities. The report notes that although there have been several blockchain financial application trials in the past, this is the first time the Japanese government and central bank have set a clear timeline for the actual implementation of related infrastructure.

According to Catcher Predict monitoring, in the Polymarket event "Milwaukee Brewers vs. New York Mets," the sub-market "Overtime" option's probability of "Yes" has experienced a dramatic fluctuation, rising from 8% an hour ago to the current 50% (a fluctuation of 42%). Please note the impact of related breaking news.

The development team of Term Finance, Term Labs, announced that after the governance attack incident, all Term Meta Vaults have been permanently closed, DAO governance rights have been revoked, but the withdrawal channel remains open. In an update on August 23, Term stated that this closure is irreversible and permanently prevents subsequent deposits, but did not disclose the scale of the remaining assets in the vault, only indicating that it will "explore pathways" to address any gaps, and the amount that depositors can recover remains undecided.Blockchain security company PeckShield estimates that the attacker stole approximately 2,843 ETH (worth about $6.87 million at the time) and 1.68 million USDC (which was later exchanged for about 1.68 million DAI), with total losses estimated at around $8.5 million. On-chain records confirm the related transfers: one transaction transferred 2,841.74 WETH to an address labeled "Term Finance Exploiter 1" by Etherscan, while another transaction transferred 1.68 million USDC to an address labeled "Term Finance Exploiter 2".Yearn stated that Term's vault contract uses its V3 architecture, but the attack occurred on Term's custom governance wrapper, which is not applicable to standard Yearn vaults. Term indicated that, according to the current investigation, its underlying protocol and direct lending market were not affected and is working with external security teams for remediation and recovery, but did not provide any compensation commitments or timelines.

According to Catcher Predict monitoring, in the event "US Open Qualifying Match Kwon Soon-Woo vs Dusan Lajovic" on the prediction market Polymarket, the option "Kwon Soon-Woo Wins" in the sub-market "US Open, Qualification ATP: Soon-Woo Kwon vs Dusan Lajovic Game Spread +/-1.5" has experienced a dramatic fluctuation in winning probability, soaring from 19.5% an hour ago to the current 47% (a fluctuation of 27.5%). Please note the impact of related breaking news.

According to monitoring by Catcher Predict, in the market prediction event on Polymarket "ITF M25 Oviedo Men's Singles Alejandro Garcia Carbajal vs. Javier Barranco Cosano", the sub-market "Spread +/-1.5" option "Cosano" has experienced a dramatic fluctuation in winning probability, soaring from 26.5% an hour ago to the current 51% (a fluctuation of 24.5%). Please note the impact of related breaking news.

The first revenue from the Hyperliquid AQAv2 mechanism is expected to enter the Hyperliquid Assistance Fund on October 3, with the market anticipating that the initial fund size could reach approximately $20 million, which will be used to repurchase HYPE. AQAv2 (Aligned Quote Asset v2) is a stablecoin mechanism announced by Hyperliquid in May of this year, allowing stablecoins, including USDC, that are not exclusively issued by Hyperliquid to qualify as "Aligned."According to public information, AQAv2 will return most of the stablecoin revenue to the Hyperliquid ecosystem, with 90% of the revenue allocated to the relevant mechanisms, and subsequently 100% used for the repurchase and destruction of HYPE tokens. Coinbase has been designated as the fund deployment party, while Circle is responsible for the technical deployment, and both parties will also stake HYPE to participate in the mechanism. Analysts expect that this mechanism could generate an additional repurchase pressure of approximately $135 million to $160 million in HYPE annually.

The Bitcoin treasury company Strategy currently has a Bitcoin holding valued at $66.7 billion, with annual obligations such as preferred stock dividends and interest amounting to approximately $1.76 billion. Regime Intelligence analysis shows that the company's 840,447 Bitcoins correspond to about $22 billion in debt and preferred claims, making continuous access to capital markets for financing the basis for its performance.Stress tests indicate that the Bitcoin price would need to drop by about 96% for Strategy's Bitcoin holdings and reserves to be insufficient to cover convertible bonds; its debt is not traditional Bitcoin collateral margin loans, and there is no BTC margin call mechanism triggered by price declines. Report author Sherif Saad stated that Strategy needs to maintain a financing cycle to cover annual debt and preferred stock expenses, with cash reserves currently covering about 2.6 times the related annual expenses. If the financing environment worsens, the company may rely more on reserves and selling Bitcoin to fulfill its obligations.Since May, Strategy has sold Bitcoin four times, with the most recent sale of 1,690 Bitcoins, with the proceeds used to pay preferred stock dividends, buy back shares, and increase dollar reserves. CEO Phong Le stated earlier this month that the amount of Bitcoin purchased by the company this year is about 25 times the amount sold, and plans to resume purchases later this year.

Bitcoin has risen about 24% in the past week, approaching $79,000, marking its best performance of 2023. Ethereum has increased about 30% during the same period, surpassing $2,500, but the Total3 index, excluding Bitcoin and Ethereum, fell back after a morning surge, currently around $753 billion, recording a decline over the week.Bitcoin's dominance briefly rose to about 61% this week before falling back to around 59%, close to its yearly high. The CoinMarketCap altcoin season index is at 46, far below the 75 threshold that defines altcoin season, indicating that most altcoins have underperformed Bitcoin over the past 90 days.This round of market activity is mainly driven by the U.S. Treasury's announcement to double the long-term bond repurchase scale from $2 billion to $4 billion, with a weaker dollar prompting funds to flow into Bitcoin as a hedge against inflation. Trump subsequently met with crypto executives at the White House and pushed Congress to pass the Clarity Act. After Bitcoin broke through $70,000, it triggered a short squeeze, with Bitget Wallet research analysts estimating that over $4 billion in crypto shorts were liquidated within two to three days. If it continues to break through $80,000, it may open the way to $82,000 to $87,000.

The Solana ecosystem DeFi protocol Kamino announced the launch of Kamino Fixed Rates, positioned as an on-chain fixed-term, fixed-rate credit architecture solution. The product is now live in a private testing version, with a public version planned for release in the third quarter of 2026.According to the introduction, Kamino Fixed Rates aims to provide a lending framework for the on-chain credit market with both the term and interest rate locked in advance. Kamino also released a related light paper for the market to review the product design and mechanism description.

Lisk announced that it is transforming into a modern funding operations platform aimed at financial teams. As part of this transition, Lisk Chain will gradually shut down, and the team has established an optional migration path to Celo for builders currently deployed on Lisk.In the relevant statement, Lisk introduced the key points of the migration arrangements to builders, emphasizing that this path is available for existing deployed projects to voluntarily choose in order to continue advancing their business during the shutdown process of the Lisk chain.

The Human Rights Foundation (HRF) announced a new round of funding exceeding 60 million satoshis (approximately $472,800) to 16 projects worldwide through its Bitcoin Development Fund, with the funded projects distributed across Africa, Asia, and Latin America. These grants aim to strengthen the Bitcoin protocol, expand the practical use of Bitcoin, and provide secure communication and community infrastructure for dissidents. This is HRF's second round of funding in 2026, following the organization's announcement in April to support 26 projects.The funded projects cover multiple areas. In terms of Bitcoin payments, BitSpenda plans to expand its mobile currency to a Bitcoin bridging tool to reduce cross-border transfer costs in Africa; Project Island Resilience, based on Jamaican developer Dread's Flash wallet, plans to add offline payment features using Bluetooth, NFC, and ecash; Bitzed helps Zambian users purchase Bitcoin directly through mobile currency. In Bitcoin development, Libbitcoinkernel, Floresta, BDK-Dart, and WalletScrutiny focus on reusing core code, lightweight nodes, cross-platform wallet tools, and wallet auditing, respectively.In the Nostr ecosystem, projects such as Vector, Flotilla Chat, OpenAlert, and 0xchat received support to provide censorship-resistant encrypted communication tools.

Canada imposes tariffs of 15% to 50% on approximately $20 billion worth of U.S. goods; Canada will raise tariffs on U.S. steel products from 25% to 50%.The Canadian government stated that starting from September 8, it will impose counter-tariffs of 15%, 25%, or 50% on approximately 700 products.

Although Nvidia's upcoming earnings report and Federal Reserve Chairman Waller's speech at the Jackson Hole annual meeting are the main events of interest for investors this week, traders in the stock derivatives market have already begun preparing for potential volatility increases around the November U.S. midterm elections.Traders focused on volatility in the futures market linked to the VIX index have noted signs indicating that demand for hedging S&P 500 index volatility has increased before and after the elections. VIX futures expiring in September are currently trading at around 17.4, but October contracts have risen to 19, and November contracts have further increased to 19.7.Matthew Thompson, co-portfolio manager at Little Harbor Advisors, stated, "The U.S. elections are approaching, and you are entering a time window where the elections will impact the VIX. You can already see this 'backwardation' in the term structure of VIX futures."A study by analysts at the Chicago Board Options Exchange Global Markets shows that since 1945, in 80% of midterm election years, actual volatility has been higher than the previous year, with an average increase of 3.5 volatility points. In years when both the White House and Congress are controlled by the same party, actual volatility increases by an average of 6 volatility points.

According to CNBC, the cryptocurrency project World Liberty Financial, supported by the Trump family, stated that the rapid growth of its stablecoin USD1 and actual market demand refute external doubts about the project primarily relying on political connections for development. Currently, the circulation scale of USD1 has exceeded 4 billion dollars.World Liberty Financial CEO Zach Witkoff stated that the growth of USD1 comes from the product itself and market adoption, rather than special treatment from the Trump administration. USD1 was previously used in the 2 billion dollar investment transaction by the Abu Dhabi investment firm MGX in Binance, which is also one of the most significant institutional applications of USD1 to date.Recently, World Liberty Financial also received preliminary conditional approval from the Office of the Comptroller of the Currency (OCC) for a national trust bank charter, planning to directly issue and redeem USD1 through World Liberty Trust Company in the future, and manage its reserve assets. Regarding the project's relationship with the Trump family, some Democratic lawmakers in the U.S. continue to raise concerns about conflicts of interest.

According to Whale Alert monitoring, 152,951,179 USDC from the USDC Treasury on the Solana chain has been burned, with an estimated value of approximately 152,979,858 USD.

Apple (AAPL.O) has launched a new Mac mini, equipped with M6 and M5 Pro chips, significantly enhancing its artificial intelligence performance and further strengthening the capabilities of this leading desktop computer in continuous intelligent computing.

YZi Labs announced that its flagship incubation program EASY Residency has selected 24 early-stage companies for its fourth season, with each receiving an investment of $500,000. This season lasts for 10 weeks, starting online and then bringing founders together in Bhutan. The focus this season is on the next generation of global financial infrastructure, covering areas such as stablecoin payments, on-chain foreign exchange, institutional-grade market infrastructure, privacy, credit, and AI-native execution.The themes of the selected teams include stablecoin payments and cross-border settlement, on-chain foreign exchange and credit and new banking, institutional-grade liquidity and market making, digital asset privacy compliance and financial operations, AI agents and automated execution, on-chain financial consumption and enterprise interfaces, as well as AI-native security and creator infrastructure. YZi Labs manages assets exceeding $10 billion, with a portfolio covering over 300 projects in fields such as Web3, AI, and biotechnology.