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Grayscale Research Director Zach Pandl stated that the two major blockchain networks, Ethereum (ETH) and Solana (SOL), are considering adjusting their token economic models to enhance asset scarcity by reducing future token supply growth through lowering annual inflation rates. As important native assets supporting stablecoins and tokenized asset ecosystems, the prices of ETH and SOL are primarily determined by supply and demand dynamics. If the relevant code upgrade proposals are approved, under unchanged conditions, lower supply growth may provide support for token prices.According to Grayscale's analysis, if the relevant adjustments are implemented, the supply inflation rates of BTC, ETH, and SOL will continue to decline over the next five years. By the end of 2031, the annual inflation rates for Bitcoin and Ethereum are expected to be around 0.4%, and Solana around 1.1%, which is lower than gold's annual supply growth rate of about 1.8% and the U.S. CPI inflation level of about 3.3%. Currently, these token economic adjustments are still in the community discussion phase. Among them, the Solana-related proposal has gained broader support and has a higher likelihood of implementation; the Ethereum proposal still requires further discussion.If the adjustments are implemented, staking users may face reduced token rewards, as part of the staking income comes from the issuance of new tokens. However, due to the decline in the growth rate of circulating supply, the scarcity value of the tokens may increase, potentially providing price support. For ETH and SOL holders who do not participate in staking, they may benefit directly; the final returns for stakers will depend on the balance between the decrease in rewards and the increase in prices. Zach Pandl concluded that ETH and SOL are becoming important digital commodities supporting stablecoins and the tokenization of real assets, and the economic model adjustments aimed at reducing inflation may further strengthen their scarcity attributes.

According to Bloomberg, EdgeConneX Inc., a data center operator supported by EQT, is seeking banks to provide a power cost guarantee of up to $2.5 billion to support its global data center expansion plans.EdgeConneX is negotiating a letter of credit financing arrangement with several banks, including France's Natixis and Spain's BBVA. This arrangement will help the company lock in power supply costs for its data center projects.With the rapid growth in demand for artificial intelligence training and inference, global data center construction has entered an accelerated phase, and operators are exploring new financing tools to cope with rising power procurement costs and infrastructure investment needs. EdgeConneX's request for bank support reflects that AI infrastructure companies are shifting from traditional real estate and equipment financing models to establishing new financing structures around energy supply, long-term power contracts, and other assets.In recent years, major cloud computing companies and AI infrastructure firms have increased their investments in data centers, while power supply has become a significant bottleneck constraining the expansion of AI computing power. Securing future power costs through bank credit support is becoming a new way for data center operators to obtain expansion funding.

According to Coinglass data, the current whale holdings on the Hyperliquid platform amount to $5.165 billion, with long positions of $2.536 billion, accounting for 49.1% of the total holdings, and short positions of $2.629 billion, accounting for 50.9%. The profit and loss for long positions is -$124 million, while the profit and loss for short positions is $51.412 million.Among them, the whale address 0xff84..1d has shorted BTC with a 40x leverage at a price of $63,581.5, currently showing an unrealized profit and loss of $1.7325 million.

Netflix announced that the series "The Altruists," inspired by the rise and fall of FTX founder SBF and former Alameda Research CEO Caroline Ellison, will premiere on November 19, and the first stills have been released.The series consists of 8 episodes, with Anthony Boyle portraying SBF and Julia Garner playing Caroline Ellison. In the plot summary, Netflix describes the story of two young idealists attempting to rapidly reshape the global financial system, only to be accused of stealing $8 billion and ultimately falling from the peak of financial power."The Altruists" is created by Graham Moore, inspired by related articles from New York Magazine reporters Kevin T. Dugan and Jen Wieczner. Barack Obama and Michelle Obama also serve as executive producers for the series.

Market pricing shows that the probability of the Federal Reserve raising interest rates more than once before mid-2027 has decreased.

According to Decrypt, the Irish government has released its first national anti-money laundering (AML) strategy, which plans to strengthen the review of digital asset transfers involving self-hosted wallets and increase due diligence requirements for crypto companies when cooperating with overseas institutions.According to the announcement from the Irish Department of Finance, this strategy implements the remaining requirements of the EU's Transfer of Funds Regulation, which will require crypto asset service providers (CASP) to perform "enhanced checks" on transfers involving private wallets, while implementing stricter customer due diligence when conducting business with overseas crypto companies.The related measures are based on the Financial Action Task Force (FATF) Travel Rule, which requires the inclusion of sender and receiver information in digital asset transactions to enhance the transparency of fund flows. Ireland stated that the new regulations will be advanced in parallel with the EU's Markets in Crypto-Assets Regulation (MiCA).MiCA establishes a unified regulatory framework for crypto asset service providers, while Ireland previously granted a 12-month transition period for its domestic crypto companies, which is shorter than the maximum 18 months allowed by the EU. The transition period is set to end at the end of December 2025, so the new requirements will directly apply to companies that have obtained formal authorization.

According to The Block, K33 research director Vetle Lunde stated that by the end of the first half of 2026, the Norwegian sovereign wealth fund's indirect Bitcoin exposure through holdings in companies such as Strategy, Metaplanet, MARA, Coinbase, Block, and Tesla has risen to 11,549 BTC, a record high valued at approximately $725 million. This exposure grew by 21.2% in the first half of the year and by 60.5% over the past year, marking the sixth consecutive reporting period of increase.Among these, Strategy accounts for nearly 86% of the fund's indirect Bitcoin exposure, corresponding to approximately 9,914 BTC. As of June 30, the Norwegian sovereign wealth fund held about 1.17% of Strategy's shares, valued at $357.3 million at that time. Metaplanet corresponds to 671 BTC, MARA corresponds to 421 BTC, and Coinbase, Block, and Tesla correspond to 183 BTC, 120 BTC, and 97 BTC, respectively.K33 pointed out that this exposure is likely not the result of the fund actively allocating to Bitcoin, but rather an indirect effect of its broadly diversified investment portfolio. Currently, the related Bitcoin exposure accounts for about 0.03% of the fund's total assets.In addition, the fund has also gained indirect ETH exposure through the Ethereum treasury company BitMine for the first time. As of June 30, it held 6.15 million shares of BitMine, valued at $88.3 million, accounting for about 1.16% of the company's shares; based on BitMine's current ETH holdings, this corresponds to an indirect exposure of approximately 67,340 ETH.

Strategy responded to MSCI's proposed changes to index inclusion standards by stating that digital assets are assets. Index providers should measure the market, not decide which assets companies can hold. MSCI's proposal disconnects it from the positions of regulators, the market, and its own clients. Bitcoin does not need MSCI, and Strategy does not need it either.Previously, global index provider MSCI proposed to add a "non-operating company" screening criterion to its global indices, which could remove companies like Strategy and Metaplanet that primarily hold Bitcoin assets from the relevant indices.

In July, U.S. retail sales recorded a month-on-month decrease of -0.6%, the largest decline since May of last year, and lower than the market expectation of +0.1%.

According to Catcher Predict monitoring, in the market prediction event "Dota 2 Aurora vs Team Yandex International Invitational Group Stage" on Polymarket, the "Aurora" option in the sub-market "Game 2 Winner" has experienced a dramatic fluctuation in win rate, soaring from 42.5% an hour ago to the current 91.5% (a fluctuation of 49%). Please note the impact of related breaking news.

Venture capital fund Team8 announced the completion of a new fundraise of $365 million. This round of fundraising includes $265 million for Team8 Capital's third fund, as well as over $100 million for follow-on investments in existing portfolio companies.The new fund will focus on investing in seed and Series A stage AI-native companies, covering areas such as cybersecurity, AI infrastructure, and fintech, with a particular emphasis on infrastructure projects that help businesses deploy AI while ensuring security, governance, and control capabilities. Team8 currently manages assets close to $2 billion.Previously, Team8 has co-invested in several cryptocurrency and AI companies, including cryptocurrency institutional wallet developer Curv, AI compliance platform IVIX, and AI data leak prevention company Jazz.

The Ethereum staking protocol Lido DAO officially interprets the NEST (Network Economic Support Tokenomics) mechanism, which binds the protocol's revenue to the value of LDO tokens through an on-chain automated method, achieving continuous LDO buybacks. The aim is to allow LDO holders to more directly share in the protocol's growth profits. This mechanism is supported by the surplus funds of the DAO treasury. When Lido's staking business revenue exceeds the set benchmark, a portion of the excess revenue will be automatically exchanged for LDO through CoW Swap.According to the initial parameters set by Lido DAO, the NEST revenue benchmark is an annualized $40 million (approximately $109,000 daily), with 50% of the excess allocated for LDO buybacks, a daily buyback limit of $50,000, and a cumulative limit of $10 million over 365 days. Buybacks are executed daily using a permissionless on-chain process.In the initial phase of NEST, a "Treasury-only mode" will be adopted, where purchased LDO will go directly into the DAO treasury. In the future, when market conditions are favorable, the DAO can switch to LP mode through on-chain voting, using half of the funds to purchase LDO and converting the other half into wstETH to provide Curve liquidity.

According to monitoring by The Data Nerd, the whale address starting with 0x90B38 transferred approximately 924,000 HYPE to exchanges in the last 11 hours.Among them, 692,807 coins (approximately $39.77 million) were transferred to Coinbase Prime, and 230,936 coins (approximately $13.26 million) were transferred to FalconX, accounting for about two-thirds of its original holdings. It currently still holds 969,595 HYPE (approximately $55.5 million), and the transfer process was smooth, showing no signs of concentrated selling.

According to monitoring by Catcher Predict, in the predicted market Polymarket for the event "LoL: Team WE vs Top Esports - LPL Group Stage," the "Yes" option for the sub-market "Both sides kill Baron" has experienced a dramatic fluctuation in winning probability, soaring from 50% an hour ago to the current 90% (a fluctuation of 40%). Please note the impact of related breaking news.

According to on-chain analyst Yu Jin's monitoring, in the last 23 hours, 3.72 million UNI (worth 12.63 million USD) were transferred to exchanges such as Binance, Coinbase, OKX, and Bybit via the market maker Cumberland.The price of UNI dropped from 3.59 USD to 3.22 USD, a decrease of 10%.

According to Bloomberg, Kraken operator Payward disclosed that due to a slowdown in industry trading activity, the company's adjusted pre-tax profit for the second quarter of 2026 was $23 million, a 71% decrease from $79.7 million in the same period last year; during the same period, adjusted revenue increased by 17% year-on-year to $508 million.Payward stated that although revenue continues to grow, the overall trading volume in the cryptocurrency market is weak, putting pressure on profitability. Kraken has been continuously expanding its institutional business, derivatives trading, and on-chain services in recent years, but changes in the industry cycle still exert pressure on its core trading business.

According to reports from South Korean media, SK Group Chairman Chey Tae-won received a salary of 1.75 billion won in the first half of this year.According to the Financial Supervisory Service, SK Corporation disclosed this information in its semi-annual report released that day. The chairman's salary level in the first half of this year is the same as the same period last year, and he did not receive any bonuses apart from his salary. The chairman's younger brother, SK Group Vice Chairman Chey Jae-won, received a salary of 1.5 billion won during the same period. SK Corporation President Chang Yong-ho received a total of 1.8 billion won, including 1 billion won in salary and 800 million won in bonuses.In addition, SK Supex Pursuit Council Chairman Yoon Bong-yong was disclosed to have received a total of 7.715 billion won, which includes 500 million won in salary, 800 million won in bonuses, and 6.415 billion won in compensation from 12,103 performance stock units (PSUs) granted three years ago. SK Hynix's sales from Nvidia in the first half of this year exceeded 17 trillion won, accounting for about 13% of the company's total sales.The average salary of SK Hynix employees reached 144 million won (approximately $104,000) in the first half of this year, an increase of 23% year-on-year. SK Hynix significantly increased its capital expenditures and research and development (R&D) investments in the first half of this year. Cash expenditures for acquiring tangible assets exceeded 18 trillion won, an increase of over 70% year-on-year. The number of small shareholders of SK Hynix has grown more than fivefold in a year, surpassing 3.46 million.

The Ukrainian government stated that the remaining Black Sea ports in the Greater Odessa region are essentially closed due to Russian airstrikes, and its planned agricultural exports may be halved, posing a risk to global food supply.

Binance announced that, in response to recent regulatory changes, to continuously comply with relevant regulations and ensure the safety of user assets, Binance will no longer process transactions involving certain cryptocurrency service providers/platforms starting from the following dates: effective August 7, including Shelbit, Aban Tether Exchange; effective August 13, including A7 Nigeria, A7 Africa, PilotFinance; effective August 23, including Rapira, Aifory Pro, ABCeX, WhiteBird, NoOnecrypto, Tradex, Monease, BitPapa, Exnode, Exnode Pay, HTX (Huobi Global SA), EXMO, and other platforms.Binance reminds users to avoid transferring or receiving assets directly or indirectly to the above entities, or engaging in other transactions with them, as related transactions may require additional compliance review, during which wallets may be restricted, and related activities may also involve violations of Binance's Terms of Use.A spokesperson for Huobi HTX responded that Huobi HTX has always strictly complied with the relevant laws and regulations of its operating location. Regarding recent sanctions related to the EU and the UK, the platform is actively communicating and has made good progress.The spokesperson for Huobi HTX also stated that Huobi HTX is currently not operating in the EU region and does not have EU region customers, so users need not worry excessively. The platform will continue to prioritize compliance and actively and responsibly advance related matters, and also appreciates the community's understanding and support.

According to monitoring by Catcher Predict, in the event "LoL: T1 vs Dplus KIA - LCK Third to Fourth Round Legendary Group" on the prediction market Polymarket, the "T1" option in the sub-market "Match Winner" has experienced a sharp fluctuation in win rate, dropping from 79.5% an hour ago to the current 54.5% (a fluctuation of 25%). Please note the impact of related breaking news.