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According to The Wall Street Journal, the U.S. Securities and Exchange Commission (SEC) has intensified its scrutiny of companies behind so-called Special Purpose Vehicles (SPVs). According to informed sources, SEC examiners have been requesting registered investment advisors to provide evidence that their SPVs actually own or hold shares in the private companies they claim.Some insiders have indicated that, ahead of the highly anticipated initial public offerings of SpaceX and Anthropic's planned listing, such funds have ramped up their marketing efforts, while complaints from investors have also increased, prompting regulators to decide to strengthen their scrutiny. According to one of the insiders, the SEC's current reviews typically include document requests, and some reviews also involve on-site interviews. The review process can last anywhere from several weeks to a year.

Bitcoin is currently hovering around the $78,000 mark, with a 24-hour decline of 0.04% and an increase of about 1% over the past week. The overall cryptocurrency market is under pressure due to the strengthening dollar and changes in interest rate expectations, with Solana and Dogecoin leading the decline at around 2%, followed closely by Hyperliquid and XRP; Ethereum, BNB, Zcash, and TRON are basically flat.Meanwhile, the yen has fallen below the 160 mark against the dollar and is trading near the Tokyo market. Market strategists believe that a further depreciation of the yen to around 161 could trigger intervention, while the 162 to 163 range may face stronger intervention pressure. Previously, after Federal Reserve Chairman Waller's speech in Jackson Hole, market expectations for rising U.S. interest rates have heated up, leading bond investors to start pricing in the possibility of a Fed rate hike, which in turn strengthened the dollar.This round of interest rate expectation repricing has previously led institutional funds to withdraw from Bitcoin ETFs. The market will focus on the monthly fund flows of Bitcoin ETFs.

Driven by the performance of technology stocks in the US market, multiple popular stock tokens on Gate gStocks have shown strong growth. According to the latest data from Gate, Nvidia (NVDAG/USDT) has seen a 24-hour increase of 3.49%, currently priced at $221.42; SpaceX (SPCXG/USDT) has risen 2.53% in 24 hours, currently at $141.36; Meta (METAG/USDT) has increased by 0.99% in 24 hours, currently at $576.43, with trading activity for related assets continuing to rise.Gate gStocks adopts a 1:1 full native stock reserve mechanism, where each tokenized security corresponds to an equal number of native stocks as underlying asset support. It supports 24/7 trading, unified account management, and a minimum investment of 1 USDT, along with fractional share trading. Users can participate more flexibly in global popular stock investments, achieving a one-stop allocation of digital assets and traditional securities. As the ecosystem of tokenized securities continues to enrich, Gate gStocks will keep expanding more quality stocks and ETF targets, providing users with a more diverse selection of global asset allocation options.

Zhao Changpeng stated at the "Bitcoin Asia 2026" conference in Hong Kong that Bitcoin itself does not weaken or strengthen government power; what truly matters is the choices made by the government. Historically, weak governments have sometimes led to better economic performance. For example, the U.S. government is relatively weak, yet it has created one of the strongest economies in the world; after the current SEC chairman relinquished some regulatory power, the industry actually experienced growth, while former chairman Gary Gensler's attempts to control everything stifled industry growth.He mentioned that Bitcoin, as a decentralized technology, allows individuals to have more sovereignty, but its privacy design has flaws, and on-chain transactions can be easily tracked; governments can choose whether to utilize these characteristics. For instance, declaring Bitcoin ownership illegal or imposing a 36% tax on every transaction would stifle industry development. The government may seem to have significant power, but a zero tax rate still results in zero revenue, while taxing a trillion-dollar market at 6% would yield substantial income.He also noted that most governments have relatively recognized Bitcoin, but many countries still lack a regulatory framework for cryptocurrencies. Among government officials, those who understand Bitcoin remain a minority, and in some countries, the older generation's dominance leads to a more conservative attitude. However, he does feel that a shift is occurring, despite some still holding the biased view that Bitcoin is primarily used by drug lords.

Robert Mitchnick, head of digital assets at BlackRock, stated that the macro investment logic for Bitcoin is continuously strengthening. Even though regulatory issues have temporarily taken a backseat, fiscal concerns continue to drive demand for Bitcoin in the market.Mitchnick pointed out that the fiscal pressures in the current macro environment have become an important factor supporting Bitcoin's appeal, further reinforcing its narrative as a hedging tool. This perspective reflects institutions' ongoing focus on Bitcoin's long-term macro positioning.

According to Bloomberg, the UK government will grant the Bank of England (BoE) a new responsibility to promote innovation in the field of digital currency and payments. The UK Treasury stated that this responsibility will serve as a secondary objective for the Bank of England, still subordinate to its core mission of maintaining financial stability.This move responds to criticism that the UK central bank has been too conservative in its approach to emerging financial technologies. UK Prime Minister Andy Burnham has prioritized maintaining London's competitiveness in the rapidly evolving digital asset market as a key policy direction. This policy suggests that the UK regulatory framework may place greater emphasis on balancing risk control with financial technology innovation, potentially creating a clearer development environment for digital payments, stablecoins, and other digital asset-related businesses.

On August 26, according to WEEX TradFi market data, the nuclear energy and AI power sectors strengthened. Among them, OKLO rose 11.08% in 24 hours, URA rose 5.62%, and IREN rose 5.18%. In addition, NVDA rose 2% in 24 hours, with the market focusing on today's earnings report performance. Overall, the market's main line is a crossover of growth and energy security. WEEX Labs reminds that related assets are affected by policies and orders, and short-term fluctuations may be amplified. Currently, WEEX has launched stock token trading with a 0 fee rate.

According to a report by ZDNet Korea, Samsung Electronics and SK Hynix plan to continue investing in equipment for NAND flash production lines in China until next year to strengthen local production bases. Since the first half of this year, Samsung has been advancing V9 NAND conversion investments at the Xi'an X2 production line, which features an advanced process with approximately 280 layers stacked, and is expected to achieve a monthly production capacity of 40,000 to 50,000 wafers. To stabilize mass production, the company has confirmed a supplementary investment plan, focusing on additional etching process equipment, with related procurement orders expected to be clarified around the end of the year, and the supplementary investment planned to be executed starting in the second half of next year.SK Hynix has been advancing equipment investments related to NAND product upgrades at its Dalian Plant 2 since the third quarter of this year, with a discussed scale of approximately 30,000 wafers per month. Key manufacturing equipment will begin arriving next month, with plans to complete deployment by the first half of next year. The Dalian plant is an asset acquired after SK Hynix took over Intel's NAND division in the second half of 2020. In 2022, a groundbreaking ceremony was held for the expansion of Plant 2, but equipment investment was temporarily halted due to market conditions; this investment is now being restarted.Industry insiders point out that the above arrangements aim to gradually expand advanced NAND capacity within China to meet the rapid growth in demand for high-end storage in fields such as artificial intelligence servers.

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.

According to CryptoBriefing, OpenAI has acquired the team behind the real-time database platform InstantDB, which previously served over 17,000 users and 400,000 applications, processing approximately 2.5 billion transactions. InstantDB offers Backend as a Service (BaaS) products that help developers handle real-time data synchronization. Existing users must migrate their cloud-hosted applications by August 31, 2027, and the open-source code will continue to be available for self-deployment.InstantDB is a Y Combinator 2022 incubated project, and the founding team will join OpenAI to strengthen the infrastructure for AI agent applications, as their AI agents require persistent state management, real-time data read/write, and concurrent conflict handling capabilities, aligning with InstantDB's focus on real-time data synchronization infrastructure.

CryptoQuant founder and CEO Ki Young Ju stated that BTC is currently showing strong momentum. Such rebounds during a bear market typically indicate that the bottom has been confirmed.He mentioned that there may still be a pullback, but the bear market phase is essentially over.

OpenAI announced that it will adopt stricter system monitoring and security measures to prevent artificial intelligence models from going out of control. The company plans to alert the security team within 30 minutes of discovering a problem and implement additional controls to prevent AI models from connecting to the internet to perform high-risk tasks.OpenAI has also suspended certain model inference tasks and training plans pending the completion of safety verification.

According to the latest market data from Gate, several tokens in the Gate gStocks stock token sector performed impressively in a single day, with the top three increases being: SteelSeries (CBRSG/USDT) up 10.47% in 24 hours; AXT Semiconductor (AXTIG/USDT) up 6.57% in 24 hours; MicroStrategy (MSTRG/USDT) up 3.16% in 24 hours.

The non-profit Ethereum development lab Ethlabs published an article outlining its priority recommendations for Ethereum's next network upgrade, Hegotá. Ethlabs listed the following directions as top priorities: strengthening censorship resistance (EIP-7805 FOCIL has been confirmed as the top proposal); making Ethereum faster (suggesting the addition of EIP-8198 Quick Slots to reduce slot time and improve confirmation speed and finality); native account abstraction (recommending EIP-8141 Frame Transactions to support Passkey wallets, ERC20 Gas payments, batch transactions, and privacy, etc.); continuous L1 scaling (recommending EIP-8131 and EIP-8279 to enhance capacity and predictability).

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 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 Gate market data, U.S. stocks closed on Thursday with the Dow Jones up 0.13%, the S&P 500 index up 0.65%, and the Nasdaq up 0.8%. Micron Technology rose 4%, SanDisk rose 13.6%, and SK Hynix rose 7%.The Nasdaq China Golden Dragon Index fell 1.85%, Alibaba fell 2%, and JD.com fell 7%.

According to Gate market data, U.S. stocks opened with the Dow Jones up 0.26%, the S&P 500 index up 0.29%, and the Nasdaq up 0.12%. Computer hardware concept stocks strengthened, with HP up 6.4% and Dell up 3.4%. Cisco fell 7.9%, as the company's performance exceeded expectations but did not meet Wall Street expectations; the Nasdaq Golden Dragon China Index fell 0.65%, and JD.com fell 2.3%.