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The Rollup founder Andy: The U.S. SEC may introduce a tokenized securities innovation exemption

The Rollup founder Andy posted that market rumors suggest the U.S. Securities and Exchange Commission (SEC) is preparing to launch the largest tokenization innovation exemption policy to date, which may allow tokenized securities to be traded solely through registered transfer agents, without the need for broker-dealer licenses, and without adhering to traditional trading platform or ATS-related rules. It is also reported that this could cover U.S. retail investors and overseas investors.Andy stated that if the above news is true, its potential impact would be significant. Tokenized funds could be issued and traded directly in the form of on-chain tokens, with transfer agents maintaining legal ownership records on-chain, while the underlying assets held by the fund, such as stocks and bonds, could also be further tokenized, thus forming an on-chain trading system of "fund tokens + underlying asset tokens."Andy later mentioned that a large fund has already received the SEC's "green light," but this has not yet been officially confirmed. He speculated that ARK, Fidelity, or BlackRock could be potential participants. If the policy is ultimately implemented, U.S. asset management firms may accelerate the issuance of native equity tokens to compete for around-the-clock liquidity and on-chain distribution channels, rather than waiting for third parties to mirror tokenize traditional securities. He further linked this potential policy change to the recent push by the Trump administration for regulatory openness in the crypto market, as well as the CFTC's efforts to bring perpetual contracts to the U.S. market, believing that the U.S. regulatory environment may be gradually opening the policy floodgates for on-chain finance.

first_img Jia Nan Technology Q2 revenue was 31.9 million USD, mining 243 BTC

According to PR Newswire, Canaan Inc. (NASDAQ: CAN) announced its unaudited financial results for the three months ended June 30, 2026. Total revenue for the second quarter was $31.9 million, down from $62.7 million in the first quarter and $100.2 million in the same period of 2025, with product revenue of $13.6 million, mining revenue of $17.7 million, and other revenue of $600,000.Cost of revenue for the quarter was $61.2 million, resulting in a gross loss of $29.3 million, operating expenses of $40.1 million, an operating loss of $69.5 million, and a net loss of $97.6 million. Non-GAAP adjusted EBITDA loss was $74.9 million. Loss from changes in the fair value of cryptocurrencies was $9.3 million, impairment of property, equipment, and software was $9.2 million, and total inventory write-downs, prepaid expense write-downs, and inventory purchase commitment reserves amounted to $25.3 million.The company's self-operated installed mining capacity (non-joint venture) was 10.05 EH/s, an increase of 23.3% year-over-year, with an all-in electricity cost of approximately $0.043 per kilowatt-hour, mining 243 bitcoins during the quarter. Cryptocurrency reserves reached 1,915 bitcoins and 3,952 ethers. As of September 8, 2026, the company repurchased approximately 16.4 million ADS for a total of $7.4 million. The ABC project holds a 49% stake, with an installed capacity of 4.85 EH/s as of the end of July 2026.

Data: The net buying of listed companies decreased by 48% week-on-week, and Strategy did not increase its Bitcoin holdings last week

According to SoSoValue data, as of 8 AM Eastern Time on September 8, 2026, the total net purchase of Bitcoin by global listed companies (excluding mining companies) for the week was $267 million, a decrease of 48% compared to last week. Strategy (formerly MicroStrategy) did not purchase Bitcoin last week. The Japanese listed company Metaplanet also did not purchase Bitcoin last week, marking eight consecutive weeks without purchases.In addition, another eight companies announced Bitcoin purchases or holdings last week. The Japanese energy investment company Remixpoint announced that as of September 4, 2026, it held a total of 1,506.23390097 Bitcoins, with a cumulative total expenditure of $1.1184 million, an increase of 2.48356398 Bitcoins compared to last week;The entertainment technology company Boyaa Interactive announced that from June 24, 2026, to September 4, 2026, it invested $14.3 million to increase its holdings by 205 Bitcoins at a price of $69,756.097561, bringing its total holdings to 4,316;The UK Bitcoin company The Smarter Web Company announced on September 2 that it invested $2.72 million to purchase 35 Bitcoins at a price of $77,708, bringing its total holdings to 2,747;The Bitcoin asset company Bitcoin Treasury Corporation announced on September 4 that it held approximately 737.71 Bitcoins, without disclosing the specific total purchase amount or average cost of Bitcoin;The UK Bitcoin asset company BHODL announced on September 3 that it spent approximately $77,772.17 last week to purchase 1 Bitcoin, bringing its total holdings to approximately 167.487;The Ethereum asset company Bitmine announced after 8 AM Eastern Time on August 31 that it purchased 1 Bitcoin, without disclosing the specific purchase amount, bringing its total holdings to 211;The French Bitcoin company Capital B announced on September 7 that it purchased 376 Bitcoins at a price of $67,182, bringing its total holdings to 3,521;The asset management company Strive announced on September 8 that it spent approximately $109 million last week to purchase 1,375 Bitcoins at a price of $79,281, bringing its total holdings to approximately 24,531.In terms of financing, Capital B announced that it has raised €7.6 million (approximately $8.83 million) from investors and institutions, including Adam Back, for the purpose of purchasing Bitcoin. BHODL confirmed that it has completed ATM 2 (the second phase of the market price issuance plan), having sold 600,000 shares of common stock at an average price of 8.06 pence per share, raising a total of £48,275 ($65,253.32) for the purchase of Bitcoin, and is preparing to launch ATM 3 (the third phase of the market price issuance plan).As of the time of publication, the total amount of Bitcoin held by global listed companies (excluding mining companies) in the statistics is 1,119,973, a decrease of 2.38% compared to last week, with a current market value of approximately $87.77 billion, accounting for 5.6% of the circulating market value of Bitcoin.

first_img HYPE Financial Company Hyperion DeFi announced a $20 million stock buyback and raised its full-year guidance

NASDAQ-listed company Hyperion DeFi (NASDAQ: HYPD) announced on September 8, 2026, an upward revision of its full-year guidance for 2026 and initiated a common stock repurchase plan of up to $20 million. The company claims to be the first publicly listed DeFi company in the U.S. built on Hyperliquid. The full-year adjusted gross profit guidance has been raised from the previous $5 million to $7 million to $7 million to $8 million.The company expects adjusted net operating cash flow to turn positive in the third quarter of 2026, earlier than the previous expectation of "turning positive by the end of 2026"; and it anticipates that core operating income will turn positive in the third quarter, with adjusted gross profit from the core DeFi business expected to exceed operating expenses after excluding equity incentives for the first time. The adjusted gross profit guidance for the third quarter is $2 million to $2.5 million, with operating expenses after excluding equity incentives at $2 million to $2.25 million, and core operating income at $0 to $500,000.The board has authorized the repurchase of up to $20 million of common stock in circulation within a maximum of 12 months, which can be conducted through open market purchases, private negotiations, block trades, and other methods, with no specific quantity guaranteed. The plan may be extended, suspended, or terminated at any time. CEO Hyunsu Jung stated that the DeFi business has accelerated recently, and the core business in the third quarter is expected to achieve breakeven in terms of profit and cash flow, noting that HYPD common stock is currently trading at a discount of about 20% to 30% relative to net assets.

first_img Cronos rolled back the blockchain to recover 111 million USD in stolen funds

Cronos confirmed in a post-mortem report that the attack on the lending platform Tectonic on August 30 involved $120.4 million in borrowing activities. The validators made the "difficult decision" to roll back the on-chain history, successfully recovering approximately $111.2 million (about 92% of the affected funds), while about $9.19 million flowed out before the network was paused and could not be recovered. The attacker leveraged weak DEX liquidity to inflate the price of Tectonic token TONIC by about 100 times within minutes and borrowed $120.4 million through a single transaction across nine markets. The validators paused the network about two hours later, restoring the chain to the last block before the suspicious activity, with block production resuming approximately 11 hours after the attack. The rollback involved reversing 1 hour and 54 minutes of on-chain history, totaling 10,961 blocks, with all transactions within that window being canceled, regardless of whether they were involved in the attack. Cronos stated that the alternative would have been to restart the network without restoring the previous state, which would have left the stolen assets in the hands of the attacker. This rollback closely followed Harmony's announcement of a similar plan, while Flow abandoned its rollback proposal last December due to community opposition. The validator cap for Cronos is 100, which facilitated quick coordination for the pause and restart, but also indicated that the network's finality in emergencies depends on validator consensus.

Gate Europe CEO Dr. Giovanni Cunti: In the interconnected digital economy, the future of liquidity lies in the efficiency of capital circulation and market connectivity

Gate Europe CEO Dr. Giovanni Cunti stated in a LinkedIn post that financial markets are becoming increasingly interconnected, with digital assets, stablecoins, and tokenized assets merging with traditional finance, reshaping the pathways for cross-border capital flow. The core of liquidity is no longer just depth and trading volume, but also the efficiency of capital circulation and the ability to access it instantly.He emphasized that future liquidity not only means more capital but also aims to make capital flow more easily and be accessed more efficiently, achieving better connections between different markets. Broad market access can break the fragmentation of liquidity and enhance the efficiency of capital operations. As stablecoins accelerate payment settlements and tokenization introduces new assets, the focus is on promoting seamless collaboration across all links.Relying on the compliance foundation of the MiCA and payment institution PI dual licensing system, Gate Europe has established highly regulated operational standards to enhance the confidence of institutions, enterprises, and investors with a clear regulatory framework. He pointed out that Europe is advancing digital asset innovation alongside regulatory compliance. Gate Europe stated that it will continue to empower this transformation and work with industry partners to shape the future together.

first_img Trump said that stock trading is for America, not for himself

On September 6, local time, U.S. President Trump posted on the social platform Truth Social, stating that he earned "hundreds of billions of dollars" for the United States through stocks and holding various other assets, and he expressed, "I do this for our country, not for myself." The post also mentioned that the only response he received was criticism from the radical left "foolish Democrats."According to a previous report by Reuters, information from the U.S. Office of Government Ethics shows that Trump disclosed personal securities transactions totaling at least $220 million and up to about $750 million in the first three months of 2026. Annual financial documents released by the U.S. Office of Government Ethics indicate that Trump's total income for 2025 was at least $2.2 billion, far exceeding his income of about $622 million in 2024 when he had not returned to the White House.On the same day, Trump also shared an AI-generated image, which appeared to show him trading in the Oval Office, with the screen displaying Intel's stock price rising from $20 to $95. In August of last year, the U.S. federal government invested about $8.9 billion to purchase a 9.9% stake in Intel at a price of $20.47 per share; CNBC reported that on September 4, 2026, the company's stock closed at $95.80. A White House spokesperson stated that all stock transactions under Trump's name are conducted by external financial managers, and Trump and his family have no control over specific trading decisions.
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