News linked to both this project and an event.
An unaudited report released by the Arbitrum Foundation shows that Arbitrum DAO generated $6.19 million in revenue in the first half of 2026, primarily from Arbitrum One transaction fees, Timeboost priority auctions, Expansion Program license fees, and treasury management yields, with the protocol revenue gross margin exceeding 97%. As of the end of June, the DAO held $125 million in non-ARB treasury assets.
Odaily News: The U.S. Federal Bureau of Investigation (FBI) has seized approximately $560,000 in cryptocurrency and taken control of the domain and servers of a fundraising website linked to Hamas. The U.S. Department of Justice stated that these funds were allegedly intended for use by Hamas's military wing, Al Qassam Brigades.Investigators tracked and confiscated the relevant crypto assets based on three seizure warrants issued on March 25, June 25, and October 10, 2025. Court documents show that the assets involved include Bitcoin, Ethereum, Wrapped Ethereum, Tether (USDT), and TRON (TRX), distributed across 18 addresses controlled by Tether and 3 Binance accounts.According to court documents, encrypted chat groups had directed supporters to visit AlQassam.ps and solicited donations via rotating wallet addresses. After the FBI took over the relevant domain and servers, it obtained information on thousands of individuals who had contacted Hamas to inquire about making donations. (Decrypt)
According to The Block, Hyperliquid’s institutional trading layer, Silhouette, officially launched its Request for Quote (RFQ) system on mainnet on Tuesday, initially supporting Payward’s tokenized equity framework, xStocks. Traders can submit quote requests to designated market makers; after market makers place bids, the winning counterparty settles the trade on-chain. This enables round-the-clock, large-volume trading without the need for a dedicated order book. Tokens that meet trading activity thresholds can be migrated to standalone HyperCore markets in the future. Since its launch in June 2025, xStocks has processed over $40 billion in cumulative trading volume, settled approximately $20 billion on-chain, and accumulated more than 200,000 holders. With a current market cap of around $620 million, it ranks as the third-largest global issuer of tokenized stocks.
Odaily News: The sandwich attack bot operated by JaredfromSubway.eth has extracted a cumulative total of 117,007 ETH since March 2023, worth approximately $295 million at current prices. In June 2026, an anonymous attacker deployed 66 counterfeit token contracts, exploiting the bot's automated trading logic to steal at least $7.5 million in ETH and stablecoins, and funneled the funds into Tornado Cash. The stolen assets have not yet been recovered.Sandwich attacks are a form of Maximal Extractable Value (MEV): the bot monitors large transactions in Ethereum's public mempool, buys ahead of the target transaction, and sells after the transaction pushes the price up, capturing profits from the spread. The bot's primary contract had received a cumulative total of 117,007 ETH as of August 28.MEV-Boost block construction is centralized among a small group of participants, with relay.ultrasound.money, Titan Relay, and bloXroute regulated relays collectively forwarding approximately 85% to 88% of related blocks within a 24-hour window; Titan's builder independently assembled 50.3% of the blocks. Monthly sandwich attack extraction amounts have declined from approximately $10 million in late 2024 to roughly $2.5 million in October 2025. (Bitcoin.com News)
The Trump administration reportedly refused to return to the US-Iran June memorandum of understanding. Russia warned it may strike UK targets in Ukraine. Three Federal Reserve officials collectively signaled tightening.
Odaily News, Hyperliquid Policy Center stated on the X platform that perpetual contracts should be central to the innovation agenda of the U.S. Commodity Futures Trading Commission (CFTC). The agency has submitted a statement ahead of the first meeting of the CFTC's Technology Advisory Committee on August 20, noting that perpetual contracts are expanding beyond digital asset markets into traditional asset classes such as equities and commodities, and that demand for these products among U.S. market participants is rising. Perpetual contracts can meet the risk management needs of various market participants, particularly suited for airlines hedging fuel costs, investment funds managing portfolio exposure, and AI developers addressing compute costs—exposures that are ongoing and have no defined expiration date. Compared to futures with fixed expiration dates, perpetual contracts require no rollover and face no expiration or delivery issues, using periodic funding rates to anchor the contract price to the underlying asset. Currently, on Hyperliquid, perpetual contracts deployed by third-party developers have covered over 80 traditional commodity and stock markets, with cumulative notional trading volume exceeding $500 billion. The CFTC has taken multiple steps this year to facilitate the launch of perpetual contract markets in the U.S. In May, the CFTC approved the first perpetual futures contract listed in the U.S. and issued a policy statement on listing perpetual contracts along with guidance on continuous trading; in June, the CFTC sought public comment on expanding perpetual contracts to energy commodities and further consulted on compute derivatives. Additionally, Hyperliquid Policy Center believes that on-chain infrastructure can also modernize U.S. derivatives markets within the existing regulatory framework. Public blockchains can openly record markets, orders, and positions, conduct margin assessments programmatically on an ongoing basis, and enable real-time collateral transfers, thereby reducing counterparty credit risk and settlement risk. The agency will continue to provide research and technical documents to the CFTC's Technology Advisory Committee and committee staff, and work to establish a pathway for U.S. market participants to access on-chain markets in a compliant manner. The agency believes that perpetual contracts represent one of the most notable financial innovations of the past decade and should be further developed in the U.S. market.
1inch and HackenProof have jointly released the first-half 2026 Bug Bounty Report. The report shows that from January to June 2026, 1inch received a total of 1,055 submissions from security researchers across its 6 core bug bounty programs on HackenProof, of which 32 were rewarded.
According to the morning report published by on-chain analyst Axel Adler Jr., following Bitcoin's rebound to approximately $78,000, the financial pressure on coin holders has significantly eased: Bitcoin's net unrealized loss (NUL) dropped from 18.57% to 7.35% over the past ten days, a decline of roughly 60%. This represents a near 71% decrease from the local peak of 25.21% on June 30, reaching its lowest level since May 11. Meanwhile, the 90-day realized profit/loss ratio rose to 1.003 on August 26, marking the first time it has returned above 1 since late July. This indicates that, calculated on a 90-day smoothed basis, realized profits have slightly exceeded realized losses. Prior to this, the metric stayed below 1 for 26 consecutive days beginning July 31, touching 0.747 on August 16 when BTC traded around $62,800. The report notes that on-chain loss pressure has shifted from dominating to improving, but the profit/loss ratio sits only slightly above the critical threshold, insufficient to confirm a trend reversal. Subsequent monitoring should focus on whether this indicator can sustainably hold its ground and advance, as well as whether unrealized losses remain subdued. If the ratio falls back below 1 and unrealized losses rebound, it may signal renewed selling pressure.
Odaily News: Coinbase Chief Policy Officer Faryar Shirzad has written an article rebutting the American Bankers Association's concerns about stablecoin rewards, stating that existing data does not support the claim that stablecoin platforms paying rewards will lead to deposit outflows from community banks and weaken local credit. Current law already permits such rewards, and Coinbase has been paying rewards to USDC users for over four years. Faryar Shirzad noted that from June 2019 to March 2026, community bank deposits grew by 26%, an increase of approximately $482 billion; research by Charles River Associates and the Council of Economic Advisers similarly found no significant relationship between stablecoins and bank deposits. The modification the American Bankers Association is requesting does not concern technical details in the CLARITY Act. The current text prohibits users from receiving returns solely for holding idle funds, but allows rewards for genuine activity; the amendment proposed by the American Bankers Association could expand restrictions to ordinary stablecoin use cases, and leave questions such as whether merchant rebates constitute bank interest to be decided by regulators and litigation. Faryar Shirzad calls for maintaining the existing compromise and passing the CLARITY Act, stating that the bill would grant banks new authorities in custody, staking, lending, payments, clearing, and market making.
Odaily News: Recent Bitcoin volatility has triggered a wave of leveraged long position liquidations. On August 22, hourly liquidations reached $529 million, with long positions accounting for $478 million; on August 23, an additional $84 million in crypto long positions were liquidated within one hour.Prediction market Kalshi launched the first spot Bitcoin perpetual futures contract approved by the U.S. Commodity Futures Trading Commission (CFTC) on June 3, with liquidations reaching $5.5 billion in the first two weeks. Kalshi CEO Tarek Mansour stated that the product offers U.S. institutions regulated onshore perpetual contract trading.Benjamin Schiffrin, Director of Securities Policy at Better Markets, pointed out that perpetual futures are high-risk crypto products for retail investors, and the CFTC did not impose additional investor protections when approving them. Analysis account Qmo noted that there are significant Bitcoin long liquidation pools in the $62,000 to $67,000 range; trader Money Bunny disclosed that short liquidations reached $2.7 billion to $3.5 billion within 24 hours. (Forbes Digital Assets)
Odaily News: The stablecoin supply on the Sui network is currently approximately $478 million, about 69% lower than the peak of $1.6 billion in May 2025, and has remained near this level for several consecutive months.Mysten Labs, the company responsible for Sui's core development, introduced protocol-level adjustments in May, reducing stablecoin transfer fees to zero and eliminating the requirement to hold the native token SUI when making transfers. This feature supports seven stablecoins: USDC, USDsui, SuiUSDe, AUSD, FDUSD, USDB, and USDY.Since June 10, the Sui network has processed over $65 billion in zero-fee stablecoin transfers, with cumulative stablecoin trading volume exceeding $2.27 trillion since the beginning of 2024, and transaction count reaching 16 billion. (Bitcoin.com News)
Odaily News - Digital asset manager Grayscale's Zcash ETF began trading on NYSE Arca on Tuesday under the ticker ZCSH. The product is the world's first exchange-traded product offering spot exposure to Zcash, allowing investors to track ZEC prices through securities accounts without needing to directly purchase or store the token.ZCSH was formerly known as the Grayscale Zcash Trust, established in October 2017 through a private placement. Grayscale filed an application with the U.S. Securities and Exchange Commission in November 2025 to convert the trust into an ETF, with shareholders holding shares that track the fund's ZEC holdings rather than holding ZEC directly.In May of this year, security researcher Taylor Hornby, using Anthropic's Claude Opus 4.8, discovered a vulnerability in Zcash's Orchard shielded pool that had existed for four years, which could potentially allow attackers to mint counterfeit ZEC. Developers deployed an emergency patch on June 1, but due to privacy mechanisms, it was not possible to cryptographically confirm whether the vulnerability had been exploited.Zcash activated the Ironwood upgrade in July, replacing Orchard with a new shielded pool and introducing accounting rules that limit the amount of ZEC exiting the old shielded pool to no more than the amount entering. Grayscale stated it will monitor the adoption of the Ironwood upgrade, network security, exchange support, and regulatory conditions for privacy assets. (Decrypt)
According to Chaoxiang Research, Goldman Sachs' fourth annual report in its CHIPS Act series, released on August 24, indicates that by June 2026, China's semiconductor IC self-sufficiency rate will reach 70%, nearly double the 38% recorded in January 2010. Goldman Sachs has raised its forecast for China's semiconductor capital expenditure to $82 billion in 2030, up 79% from previous estimates. The report covers CXMT, China's leading DRAM manufacturer, for the first time, assigning a Buy rating with a target price of ¥129. Goldman Sachs projects that the supply-demand gap for China's advanced logic processes at 7nm and below will narrow from 92% in 2025 to 34% by 2035, while wafer demand for AI servers will grow at a CAGR of 42% over the same period. Under the baseline scenario, China's AI chip market is projected to reach $678 billion by 2030, representing a CAGR of 69% from 2025 to 2030; the DRAM market will reach $257 billion by 2028, growing at a 50% CAGR, with HBM expanding at an 188% CAGR. China's WFE spending will increase by 13%, 20%, and 15% in 2026, 2027, and 2028, respectively. The revenue share of domestic equipment manufacturers in China's WFE market will rise from 31% to 38%. Despite the rising localization rate, global equipment suppliers remain key beneficiaries of China's capacity expansion in advanced processes. Goldman Sachs recommends Applied Materials, Lam Research, and Onto Innovation.
Odaily News: Jacob Creech, Vice President of Technology at the Solana Foundation, stated that Solana has reduced its network slot time to 350 milliseconds, the first adjustment since the network's inception. He shared on X that the next step is to bring it down to 300 milliseconds.Solana's slot time browser shows the current average slot time is 360 milliseconds, down from the network's initial setting of 400 milliseconds. In June, the Solana Foundation unveiled a plan to shorten slot time from 400 milliseconds to 200 milliseconds, with three subsequent reductions of 50 milliseconds each.All four phases are planned to be activated on the mainnet via the validator client Agave v4.2, developed by Anza, though the timeline has yet to be finalized. The related proposal, SIMD-0525, was approved and merged on May 14. (Cointelegraph)
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)
According to Trend Research, an HSBC report released on August 18 spanning 12 industries points out that SpaceX's Starlink has crossed the inflection point for scale. As of June 30, it operates 10,200 satellites in orbit and serves 12 million broadband subscribers across 167 markets. Additionally, 7.4 million monthly active devices connect directly to mobile phones via satellite (Direct to Cell), covering 30 countries. Maersk has installed Starlink on more than 330 container ships, while United Airlines plans to upgrade 15 Boeing 737-800 aircraft per month. Starship aims to reduce launch costs to $100–$300 per kilogram, representing a decline of over 95% compared to historical averages. HSBC assesses that the space race is now benefiting terrestrial industries across three dimensions: From a communications standpoint, Starlink and ground-based telecom operators are predominantly complementary, filling coverage gaps in oceanic, desert, and post-disaster environments. Regarding compute infrastructure, orbital data centers currently cost three times as much as ground-based equivalents, acting mainly as strategic reserves; however, if TeraFab’s vertically integrated wafer fabs succeed, they could revolutionize the division of labor in the semiconductor industry. At the energy level, AI data centers have pushed the annual growth rate of U.S. power demand to 4%-5%, making renewable energy and the electrical grid the largest beneficiaries. Among the 12 industries covered, power, semiconductors, and robotics are being directly transformed.
According to CryptoSlate, Nasdaq-listed company AIxCrypto Holdings announced plans to orderly sell all its crypto assets. As of June 30, the company held 46 BTC, 616 ETH, 6,659 SOL, 1,308 BNB, and small amounts of ADA, LINK, TRX, USDT, and XRP, with a total cost basis of $10.43 million, fair value of only $5.21 million, an unrealized loss of approximately $5.22 million, representing a drop of about 50% from cost. Meanwhile, the company's operating cash consumption in the first half of the year reached $7.94 million, with accumulated losses as high as $150.3 million, raising doubts about its ability to continue as a going concern. The company is shifting its business focus to its RoboShare robot rental platform and completed its first commercial order on August 15, deploying 6 robots at a Malibu event, but specific revenue and subsequent demand have not yet been disclosed.
: Base announced the launch of the Batches 004 accelerator program, which will select 10 startups over an 8-week program, with each receiving $100,000 in investment funded by the Base Ecosystem Fund. Applications close on September 9, and the program will hold Demo Day in New York in November. This round is aimed at pre-seed startups focused on trading, payments, funding, and AI agents, covering products that use stablecoins to support agent shopping, trading, and payments, as well as lending, e-commerce, and decentralized AI infrastructure. Teams may support multiple blockchains but must have Base as their primary network. Selected teams will receive dedicated advisors, weekly support, and exposure assistance within the Base ecosystem, and will present their projects to investors at Demo Day. Coinbase launched Agentic Wallets on Base in February and Coinbase for Agents in June, which respectively enable AI agents to hold USDC and pay via the x402 protocol, and to directly connect to user accounts. (Decrypt)
Odaily News – Geoff Kendrick, Head of Digital Assets Research at Standard Chartered Bank, stated that Bitcoin (BTC) could rise to $100,000 by the end of 2026 as the U.S. Treasury expands liquidity support for the long-term bond market.In a recent client report, Kendrick noted that Bitcoin's current key technical resistance level is $65,500. If the price breaks through this level, it could signal that the cyclical low for this market cycle has already formed. He suggested investors begin positioning for a Bitcoin rally to $100,000 by year-end. Kendrick stated that beyond the four-year cycle pattern for Bitcoin, which suggests the market may be nearing a bottom, the U.S. Treasury's recent announcement to expand long-term bond buybacks is also a significant catalyst.The U.S. Treasury plans to raise the cap on buyback operations for 10- to 20-year and 20- to 30-year Treasury bonds from $2 billion to at least $4 billion per operation. The expanded program is scheduled to be implemented from September 9 to November 4. Following the announcement, yields on long-term U.S. Treasuries notably declined, easing the pressure that the significant sell-off in the bond market had placed on financial markets.Kendrick believes the Treasury's expanded bond buybacks represent a "favorable environment for Bitcoin," as Bitcoin has previously benefited multiple times from government liquidity interventions, while its fixed supply mechanism gives it properties that hedge against currency debasement. In the market, Bitcoin rose over 6% on Wednesday, briefly approaching $69,000, marking its highest level since early June. Kendrick has previously been repeatedly bullish on Bitcoin's long-term trajectory, arguing that as global fiscal pressures increase and monetary policy trends toward easing, Bitcoin may enter a new long-term upward cycle. (Cointelegraph)
H100 released its second quarter 2026 report. The pre-tax loss for the reporting period was 98.2 million Swedish kronor, approximately 9.82 million US dollars, most of which were non-cash items, primarily from Bitcoin impairment. The company stated that actual business cash consumption was 5.1 million Swedish kronor, approximately 510,000 US dollars, in the second quarter, and 12.7 million Swedish kronor, approximately 1.27 million US dollars, for the first half of the year. As of the end of June, the company held cash of 18.1 million Swedish kronor, approximately 1.81 million US dollars.