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Federal Reserve's Kashkari downplayed market concerns about rising U.S. Treasury yields, stating that the market is functioning well and the recent surge is unlikely to affect discussions on monetary policy.Kashkari noted that trading in the U.S. Treasury market is proceeding normally, liquidity is ample, and the federal funds rate remains the primary tool for reducing inflation.

According to Cointelegraph, the latest research from the Federal Reserve Bank of Cleveland shows that there are significant differences between cryptocurrency investors and traditional asset investors. Their views on the future returns and risks of digital assets diverge greatly, and the information about Bitcoin's historical price increases may further encourage investors to increase their allocation willingness and actually buy crypto assets.The research paper "Do You Even Crypto, Bro? Cryptocurrencies in Household Finance" is based on multiple rounds of household survey data in the United States, with each round covering up to approximately 25,000 households.Researchers found that compared to demographic characteristics such as age, income, and gender, investors' expectations for future returns from cryptocurrencies better explain who chooses to hold crypto assets. The study shows that cryptocurrency holders expect an average return of about 22% over the next year, significantly higher than the approximately 7% expectation of non-holders.At the same time, holders generally believe that the risks of crypto assets are lower than the judgments of non-holders. Researchers found that for every 1 percentage point increase in an individual's expected return from cryptocurrencies, the probability of holding crypto assets increases by about 0.8 percentage points. The explanatory power of return expectations and risk perceptions for cryptocurrency holding behavior even exceeds that of traditional factors such as age, income, and wealth.This characteristic contrasts with traditional assets such as stocks, bonds, and gold. For traditional investment types, investors' economic backgrounds usually better explain differences in asset allocation, while the crypto market relies more on investors' subjective judgments about future price performance.In addition, the research team discovered through a randomized information experiment that simply providing investors with information about Bitcoin's price increase over the past 12 months significantly boosts their willingness to allocate to crypto assets. Data shows that respondents who saw historical performance information about Bitcoin had an approximately 2 percentage point increase in the proportion planning to allocate to crypto assets, representing about a 47% increase compared to the control group's 4.3% allocation willingness; the probability of actually purchasing crypto assets also increased by about 2.5 percentage points.The study suggests that this mechanism may explain the cyclical boom and bust phenomenon in the crypto market: price increases attract more investors, and new funds further drive up prices, thus forming a cycle of "price increase --- enhanced optimistic expectations --- more buying."

According to HyperliquidNews monitoring, the average Gwei on HyperEVM rose from about 0.15 Gwei to 3 Gwei on August 22, and today it has increased to 60 Gwei, a 400-fold increase compared to before.

According to CoinDesk, cryptocurrency card spending reached $1.04 billion in July, more than doubling compared to the same period last year. Dollar stablecoins (USDC and USDT) funded 70% of over 10 million transactions, with the average payment amount rising from $59 last year to $86, indicating that users are shifting from large-scale cash-outs to everyday spending, such as groceries, rideshares, and takeout.Emerging markets have become the main growth driver. Data from Visa partner StraitsX shows that total transaction volume in low GDP markets grew by about 600% from March 2025 to February 2026, while high GDP markets only grew by 150%. In Latin America, active users of Oobit in Brazil spend about $400 per month, with grocery stores accounting for 35% of their regional activity; in Argentina, 72% of payments use USDT, with food making up 41% of transactions.Market concentration remains high, with the three platforms RedotPay, EtherFi, and KAST collectively accounting for about 77% of the total tracked volume in July. Visa stated that there are currently over 160 card projects associated with stablecoins launched or in development worldwide. The number of Binance card users in Brazil has increased by 53% since its launch quarter, and Kraken's Krak Card payment frequency has doubled over the past year to 8.3 times per user per week.

According to Catcher Predict monitoring on-chain data, significant capital movements are predicted in the Polymarket market. A large whale invested $73,875.07 in the "LoL: Bilibili Gaming vs. Anyone's Legend (BO3) - LPL Group Advancement" event, specifically on the "Match Winner" market. Based on the current transaction price, the latest corresponding win rate for this target is 67.29%.

Community users asked Zhao Changpeng, "What is your opinion on the memestock craze? In this model, meme coins are paired with tokenized stocks, which brings inherent utility to meme coins."Zhao Changpeng replied, "This is certainly fresh and interesting. But it is necessary to ensure that the issuers can indeed fulfill their obligations."

According to GMGN data, the market capitalization of the SOL Meme coin CYBERLEEK briefly surpassed $23 million, with an intraday increase of over 12 times, currently reported at $21 million.In terms of narrative, this token is a meme coin of the same name issued by the hacker CyberLeek, who leaked a large amount of internal materials from GTA 6. ChainCatcher reminds users that meme coin prices are highly volatile, and investors should participate with caution.

According to Coinglass data, on August 23 at 21:13, 32,159,800 USDT was detected being transferred from Binance to an unknown wallet.

The cryptocurrency wallet project SafePal has released updates on the security incident, stating that it is continuously tracking phishing websites and impersonation accounts, and plans to introduce a professional anti-phishing security company to expedite the removal of malicious information to protect user asset security. SafePal mentioned that it is currently in the final selection process among four professional anti-phishing security companies, and once a partner is selected, it will further enhance the efficiency of handling threats such as counterfeit websites and scam accounts.The team is also continuously monitoring whether the affected data has been sold or made public, including channels such as dark web forums and trading markets. Once signs of data leakage are detected, affected users will receive risk alerts immediately. Regarding security audits, SafePal stated that it is in the final selection among three mature independent security institutions, which will conduct a comprehensive security review of the order system. Meanwhile, the team is reassessing the order and logistics processes to reduce the amount of data that needs to be stored in the initial phase of the system, thereby reducing potential risks from the source.For affected users, SafePal stated that it will continue to provide one-on-one assistance through official support channels and will keep updating the fraud protection page, providing updates on the incident, FAQs, and analysis of fraud cases. SafePal once again reminds users: the official will never ask users to provide their seed phrase. Users should not disclose their seed phrase to anyone, should not scan unknown QR codes or click on suspicious links, and should verify the source of information through official channels.

Solana's double deflationary governance voting is now live. The related proposal aims to adjust the network's inflation arrangement by increasing the deflation rate to reduce the overall inflation pace.According to the introduction, the proposal plans to raise the deflation rate from the current -15% to -30%, thereby achieving a greater reduction in inflation. Voting has officially begun, and the community can participate in the related governance decisions.

According to Gate market data, the price of AAVE has surpassed 130 USD, reaching a new high since February of this year. It is currently reported at 130.76 USD, with a 24-hour increase of over 4%.

According to the official announcement, Gate will launch DGrid AI (DGAI) spot trading on August 24 at 16:00 (UTC+8), and DGrid AI (DGAI) will go live on the instant exchange platform at 17:00 (UTC+8).

Chairman of BitMine, Tom Lee, stated on CNBC that next week could be a turning point for the stock market. Currently, AI stock trading has stagnated, mainly suppressed by concerns over data centers and political opposition in the United States.The key issue is whether confidence in AI can return after the stagnation. If NVIDIA CEO Jensen Huang can demonstrate that the demand for AI computing power remains strong at the upcoming event, it will help to reinject confidence into the market and drive the AI sector out of its consolidation.Tom Lee also emphasized that uncertainty surrounding the Federal Reserve continues to accumulate, and the upcoming public appearances of a series of Federal Reserve officials will become another significant market signal. The S&P 500 has recently hovered around 7678 points, with a cumulative decline of about 1.4% this week, as the market grapples with dual concerns over the sustainability of AI capital expenditures and the path of monetary policy.Next week's positioning is a key window to observe the market's directional choice. Whether the signals of AI demand can resonate with expectations of Federal Reserve policy will determine the short-term direction of risk assets.

According to Bloomberg, South Korea's financial regulatory authorities plan to strengthen the regulation of structured products such as ELS starting next month. They will require brokerages to warn investors when products approach the principal loss trigger line (Knock-in) and to reassess product design and sales when market conditions lead to a significant increase in risk.It is reported that the South Korean stock market has recently experienced significant fluctuations, but retail investors' enthusiasm for high-risk investments has not noticeably cooled. After regulatory tightening on leveraged ETFs for individual stocks, some investments have shifted to stock-linked securities (ELS) that offer high "coupon" rates. Data released by the Korea Financial Investment Association shows that in July, the sales volume of ELS in South Korea reached 35 trillion won, setting a new high in over three years since April 2023, with ELS products based on Samsung Electronics and SK Hynix stocks becoming the main drivers of growth.

Zhao Changpeng stated on the X platform that the fifth season of EASY Residency under YZi Labs is now open for applications, with a deadline of September 14. This season's recruitment directions include programmable capital and on-chain markets, AI infrastructure and computational economics, AI interfaces and consumer layers, as well as AI × biotechnology and programmable science. CZ also mentioned that the Demo Day for the fourth season of EASY Residency will be held next week in Bhutan, and he will attend.

The metaverse gaming platform The Sandbox confirmed that there is a vulnerability in its cross-chain bridge, allowing attackers to mint uncollateralized SAND on Base and BNB Smart Chain. Blockchain security company PeckShield discovered on August 21 that two addresses had collectively minted approximately 1.49 billion SAND, prompting The Sandbox to shut down the bridging functions for both networks.The Sandbox stated that the affected assets are those bridged on Base and BNB Smart Chain, while SAND on Ethereum and Polygon, user wallet assets, and Ethereum locked assets used to support the tokens remain unaffected. The incident involved a proportion of real collateralized assets that is less than 0.01% of the total supply of SAND. The Sandbox is formulating a compensation plan for the affected liquidity providers and advises users not to trade SAND on Base or BNB Smart Chain until the bridging function is restored.Coinbase plans to delist 10 perpetual futures contracts, including SAND, on August 26, at which time any open positions will be automatically settled.

According to Ai Yi's monitoring, a whale that leveraged to go long on ETH and BTC has once again realized profits worth 7.24 million USD in ETH.This whale deposited 3,000 ETH to Binance 4 hours ago, with an average selling price of 1,776.83 USD and an average deposit price of 2,413.4 USD. If sold, it would profit 1.91 million USD; since August 19, this whale has cumulatively deposited 13,887.15 ETH to exchanges, realizing a total profit of 6.727 million USD.

According to CertiK monitoring, Term Labs suffered a governance attack, resulting in a loss of approximately 8.5 million dollars in assets. Currently, the attacker's address holds 2,843 ETH (approximately 7.1 million dollars) and about 1.6 million DAI.

The founder of the Liebit mining pool, Jiang Zhuoer, stated that last week, Bitcoin and Ethereum spot ETFs recorded inflows of approximately $1.92 billion and $700 million, respectively, with the inflow scale of the Ethereum ETF being about 36.4% of Bitcoin's. Meanwhile, the total market capitalization of ETH is currently about 18.8% of BTC, and its ETF inflow proportion is significantly higher than the market value ratio of the two.Jiang Zhuoer indicated that stronger relative capital inflows may be one of the factors for ETH's recent price increase outpacing BTC, with ETH's maximum increase this round being approximately 35.9%, higher than BTC's 26.6%. Additionally, as the United States promotes legislative structures for the crypto market and asset tokenization, the development of RWA may further enhance market attention on smart contract public chains.