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The U.S. primary election season is nearing its end, and the cryptocurrency industry's super political action committee (PAC) has achieved victories in several key districts. Supported by major contributors such as Coinbase, Ripple, and a16z, Fairshake has helped approximately 50 candidates win nominations, including Massachusetts Democratic Congressman Jake Auchincloss, as well as Republican Senate candidates Barry Moore from Alabama, Andy Barr from Kentucky, Kevin Hern from Oklahoma, and Harriet Hageman from Wyoming. Prediction markets Polymarket and Kalshi indicate that these candidates have a winning probability of over 94% in the general election.Fairshake spokesperson Geoff Vetter stated that the organization has reserved $122 million for the fall elections. However, Fairshake also faced its biggest setback in Illinois, spending over $10 million in an attempt to prevent Democrat Juliana Stratton from securing the nomination but was unsuccessful. Additionally, the Fellowship PAC, supported by Cantor Fitzgerald and Anchorage Digital, has actually spent about $11 million, far less than the previously claimed $100 million; the Digital Freedom Fund, funded by the Winklevoss brothers with $21 million, has yet to engage in support for specific candidates.

According to Mobile Payment Network, Lu Lei, a member of the Party Committee and Vice President of the People's Bank of China, stated at the 15th China Payment Clearing Forum that intelligent agent payments must not blur the boundaries of responsibility between consumers, operating institutions, and algorithm systems. Lu Lei believes that the essence of payment is the transfer of fund ownership, which objectively requires that the results of transactions are predictable, responsibilities are definable, and traces are traceable. Large models and autonomous intelligent agents have characteristics such as output randomness and insufficient transparency of logic. If transaction decision-making authority is blindly or excessively granted to intelligent agents, it will affect the trust foundation of fund transactions. The current governance rules of the payment industry and dispute resolution mechanisms are built around "humans as the final decision-makers in transactions." The new model of intelligent agents automatically initiating and assisting in transactions easily blurs the boundaries of responsibility, and the existing governance rules need to be optimized and improved.Regarding the issue of insufficient compatibility of protocol standards in the field of intelligent agent payments, Lu Lei emphasized that the dispute over protocols is essentially a dispute over business rules and technical standards, as well as a struggle for dominance in the era of artificial intelligence. The People's Bank of China continues to strengthen its tracking research on technological innovation, especially intelligent agent payments, guiding the Payment Clearing Association to leverage its advantages in industry self-regulation. Based on extensive soliciting of opinions, they will formulate and publish the "Self-Regulatory Convention for Intelligent Agent Payment Applications," and will continue to work on coordinating protocols and standards, as well as innovating risk governance. Lu Lei proposed three hopes to market institutions: actively respond to and implement the industry self-regulatory convention, with payment security and risk prevention as the bottom line, and consumer rights protection as the focal point; continuously track the trends of cutting-edge technologies such as large models and intelligent agents both domestically and internationally, and build technical reserves and application capabilities; adhere to the principle of rules and standards first, strengthen coordination and compatibility among different protocols and standards, and cooperate with regulatory authorities to promote the construction of a foundational protocol and technical standard system for intelligent agent payments.

According to LiveMint, Nvidia CEO Jensen Huang stated in the All-In podcast that he personally reviews the compensation and remuneration proposals for the company's approximately 42,000 employees at the end of each cycle, and he almost always increases operating expenses. He said, "If you take good care of your employees, everything else will fall into place," and noted that there are more billionaires born from his management team than from any other CEO.The report cited a survey of about 3,000 Nvidia employees, stating that approximately 76%-78% of employees have become millionaires, with about half having a net worth exceeding $25 million. Employees can purchase stock through the company's stock purchase plan at a 15% discount, and Nvidia's stock price has increased nearly 3,800% since 2019, significantly boosting employee wealth.

According to The Defiant, Kieran Warwick, co-founder of the Web3 game project Illuvium, stated that the studio has significantly reduced costs over the past six months, and the team recently agreed to further salary cuts. According to him, the adjusted funds can support operations for more than 12 months. He did not disclose the extent of the salary cuts, the number of remaining employees, or the cash reserves.Warwick mentioned that the existing team is almost entirely focused on the MMO game Overworld, with most members having worked together for over three years. In addition to the MMO, there are plans to launch the Celebrations series of Illuvium Beyond, Beyond Chaos, Primal Tactica developed by independent studios, and Loadout, which will allocate tokens for staking contracts, within the year. Primal Tactica will participate in Steam Next Fest in October, and Illuvium will receive most of the revenue.Data from DefiLlama shows that Illuvium's protocol fees and revenue over the past 30 days are approximately $9,781, with a treasury of about $2.78 million. ILV is priced at approximately $3.35, with a market capitalization of about $27.74 million.

Gate gStocks' tokenized securities service has undergone a comprehensive upgrade, officially launching five major financial functions: collateralized borrowing, idle asset management, unified accounts, leveraged trading, and stock dividends, further expanding the integrated application scenarios of stock assets from trading, yield management to liquidity management.Currently, gStocks supports over 58 global tokenized securities, covering various assets such as U.S. stocks, Korean stocks, unlisted equity, and ETFs, and employs a 1:1 native stock reserve mechanism to provide users with a transparent and trustworthy asset holding experience. At the same time, gStocks supports 24/7 trading with a minimum investment of 1 USDT, lowering the participation threshold. After this functional upgrade, users can release liquidity through collateralized borrowing without having to sell their held gStocks assets; idle stock assets can also participate in yield management through idle asset management. In addition, gStocks has deeply integrated into the Gate unified account system, supporting tokenized stock assets as trading collateral and providing features such as leveraged trading, long and short strategies, and stock dividends, further enhancing asset utilization efficiency.

According to Caixin, Samsung Electronics stated that it will sell shares worth 345 billion won for employee compensation payments.

According to Forbes, in the 2026 U.S. Congressional primary elections, the Democratic PAC "Protect Progress," supported by Coinbase, Ripple, and Andreessen Horowitz, is making a large-scale intervention in several Black district primaries. The PAC invested over $4.9 million in Maryland candidate Adrian Boafo, helped Christian Menefee in Texas defeat anti-crypto Congressman Al Green (spending over $5 million), and invested about $4 million in Georgia to support Jasmine Clark's victory.The related campaign advertisements did not mention the cryptocurrency industry background. Journalist Joy Reid characterized this operation as "Blackwashing"—delivering funds from the crypto industry to Black districts under the guise of progressiveness while deliberately hiding the identity of the funders.Analysts point out that the core logic of this network is not based on race, but rather on supporting allies and suppressing critics, with the ultimate goal of influencing the legislative direction of the pending "Digital Asset Market Clarification Act" (CLARITY Act).

According to analysis by BlockSec Phalcon (@Phalcon_xyz), the RollupProcessorV3 contract of Aztec Network was attacked, resulting in losses exceeding $2.15 million. The root cause was that numRealTxs was not effectively bound to the transaction set enforced by the ZK proof, leading to discrepancies in the proof verification path and the L1 settlement logic's interpretation of the transaction list.The attacker exploited this vulnerability to move real deposits to slots not processed by the settlement logic, bypassing the decreasePendingDepositBalance() function, creating unsecured private balances out of thin air, and then withdrawing through the normal settlement process, involving a total of seven assets.

U.S. SEC Chairman Paul S. Atkins stated during a speech at the 2026 Reagan National Economic Forum that the U.S. Securities and Exchange Commission is advancing the "New Era of the SEC" regulatory reform, focusing on modernizing digital asset regulation, promoting the development of on-chain capital markets, and supporting the U.S. to become a "global crypto hub."Paul Atkins criticized the previous SEC's "regulatory hostility" towards the digital asset industry, stating that a large amount of crypto innovation was forced to move overseas as a result. He mentioned that with the support of the Trump administration, the SEC has launched "Project Crypto" and is collaborating with the U.S. Commodity Futures Trading Commission to promote on-chain market infrastructure and coordinate crypto regulation.The SEC has recently clarified which digital assets are considered securities and which are not, and is advancing an innovative exemption mechanism for "tokenized listed securities," while also studying how on-chain trading systems can fit within the existing regulatory framework.In addition, Paul Atkins emphasized that the SEC will reduce "over-disclosure" and regulatory burdens, promoting the "Make IPOs Great Again" reform, which includes lowering compliance costs for listed companies, increasing IPO flexibility, and formally proposing the repeal of climate disclosure rules introduced during the previous administration. The future of the U.S. capital markets should be built on a foundation of "free markets and innovation-driven" principles, and the role of regulatory agencies should be to provide clear rules and legal certainty, rather than suppressing technological development.

According to The Block, Geoffrey Kendrick, the global head of digital asset research at Standard Chartered Bank, stated that the total scale of on-chain tokenized assets is expected to reach $4 trillion by the end of 2028, with stablecoins and real-world assets (RWA) each accounting for $2 trillion. Standard Chartered believes that DeFi protocols with mature risk control systems and scalability will be the main beneficiaries of this trend, while the advancement of the U.S. Clarity Act may become an important catalyst for accelerating the on-chain transition of traditional finance.Kendrick pointed out that the core advantage of DeFi lies in "composability." In an on-chain environment, the same asset can simultaneously earn yields, serve as collateral, and maintain liquidity, which the traditional financial system cannot achieve with similar efficiency. He stated that this structural advantage means "1+1=3." Standard Chartered cited BlackRock's tokenized U.S. Treasury fund BUIDL as an example, noting that the product not only yields about 4% from U.S. Treasuries but can also be converted into sBUIDL for use in lending protocol collateral and serves as a reserve asset for products like Ethena USDtb and Ondo OUSG.The report also noted that the current scale of off-chain assets is still about 1,000 times that of on-chain assets, and the tokenization of institutional-grade assets may become the core source of growth for the next phase of the industry. Regarding institutional adoption, Standard Chartered mentioned that Aave's asset scale once matched that of the 38th largest bank in the U.S., and the current daily trading volume of on-chain stablecoin lending has reached $1.5 billion to $2 billion.At the same time, the Bitcoin lending product developed in collaboration between Coinbase and Morpho currently has a loan scale of about $1.75 billion, covering approximately 22,000 borrowers, indicating that traditional financial institutions are gradually using DeFi as underlying infrastructure.

According to Bits.media, the Russian state-owned enterprise Gazprom has requested that its 17 subsidiaries must open digital ruble accounts with the Central Bank of Russia.The company stated that this move is to prepare for compliance with legislation that will take effect on September 1, which requires legal entities to be able to accept digital rubles as a method of payment for goods and services. The Russian digital ruble began testing in August 2023, and by the end of 2025, over 130 legal accounts will have participated in the platform testing. Starting September 1, large Russian banks and major enterprises must provide customers with the ability to transact in digital rubles.

According to The Information, the IPO process of AI chip company Cerebras Systems has once again attracted market attention, with key beneficiaries including Foundation, well-known venture capital firm Benchmark, and OpenAI.Cerebras has long been seen as a potential competitor to Nvidia, dedicated to developing ultra-large-scale AI chips, but its commercialization process has faced setbacks. The company withdrew its IPO prospectus in 2025, causing its listing plans to stall for a time. However, as the AI infrastructure boom continues to heat up, the market is refocusing on its potential listing value and early investor returns. Early investment firms, including Benchmark, as well as OpenAI, which has a partnership with the company, may gain substantial benefits from Cerebras' future listing.

According to FOX reporter Charles Gasparino, the U.S. CFTC and SEC are currently in agreement on the regulatory boundaries regarding prediction markets and recent unusual trading related to the Iran conflict.Gasparino pointed out that although outsiders believe this area is solely governed by the CFTC, the SEC will deeply intervene when prediction contracts can legally be defined as "securities." He also revealed that, in addition to the cases previously announced, regulators may initiate more enforcement actions against prediction markets in the future.

According to CoinDesk, Figure Technology Solutions CEO Mike Cagney stated that the company is trying to leverage blockchain to reconstruct the traditional credit market infrastructure and deeply integrate real-world assets (RWA), securitization, and DeFi.Data shows that Figure's loan issuance in March this year exceeded $1 billion for the first time in a single month, with a total lending volume of $2.9 billion in the first quarter, which annualizes to about $12 billion. Cagney stated that the company's goal is to reduce intermediaries in the securitization, lending, and stock lending markets through on-chain processes, lowering costs and enhancing liquidity.Currently, Figure has launched the yield-bearing stablecoin YLDS and has launched on-chain credit vault products on networks like Solana, allowing users to invest in tokenized credit assets or use them as collateral for borrowing. The company also plans to expand into the Ethereum ecosystem and explore stock tokenization and on-chain securities lending.Cagney believes that the true value of blockchain lies not in "putting everything on-chain," but in reconstructing the financial abstraction layer. "Financial assets such as loans, securities, and equity are naturally suited for on-chain processes, and the entire financial infrastructure may be rewritten as a result."

Nic Carter, a partner at Castle Island Ventures, published a lengthy article on the X platform pointing out that the quantum computing "canary warning" mechanism cannot provide sufficient buffer time for BTC. Classical computers can currently crack approximately 117 to 130 bits of the Elliptic Curve Discrete Logarithm Problem (ECDLP), and results below this threshold are often questioned for "classical cheating" or pre-set answers, thus failing to form an effective signal.Nic Carter believes that once quantum computers truly break this classical limit, the time left for a direct attack on the 256-bit secp256k1 curve used by Bitcoin may only be a matter of months, while the migration to post-quantum (PQ) signatures after Bitcoin's completion could take years. Whether setting up quantum cracking bounty addresses or relying on Satoshi's early dormant addresses as on-chain warnings cannot guarantee sufficient early detection of risks. Therefore, the truly feasible approach is not to wait for clear warnings but to immediately begin preparations for post-quantum migration. Previously, BitMEX Research proposed a quantum freeze alternative: the "canary address" trigger mechanism.