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The U.S. Commodity Futures Trading Commission (CFTC) announced on Friday that former White House teleprompter operator Gabriel Perez has agreed to pay $172,000 to settle allegations of insider trading in the prediction market by using advance knowledge of presidential speeches.Perez was able to access the content before the speeches were released due to his job, allowing him to bet on known outcomes. From December 2025 to February 2026, he profited over $107,500 from this. Under the settlement agreement, he must forfeit $107,539.02 in illegal gains, pay a civil penalty of $65,000, accept a three-year trading ban, and cease further violations of the Commodity Exchange Act.The CFTC noted that the fine was significantly discounted under the new cooperation policy and praised Perez for providing exemplary assistance during the investigation, while also thanking exchange operator Kalshi for their cooperation in the case. This case highlights the insider trading risks associated with the growing popularity of prediction markets. Previously, a U.S. soldier was charged with insider trading related to military operations in Venezuela on Polymarket, and a MrBeast video editor was also fired during the Kalshi insider trading investigation.

The European digital currency market is forming a pattern of parallel development between the central bank digital euro and private euro stablecoins. Revolut has previously launched phased testing of EURR in Denmark, Poland, and Portugal. This euro stablecoin operates on Ethereum and is issued by Bridge Building, a subsidiary of Stripe.The ECB emphasizes that the digital euro will adopt a highly private design, with offline payment information only held by the transacting parties, and online transactions cannot be directly linked to individuals by the Eurosystem. Europe is advancing its digital payment system through public digital currencies and private stablecoins to reduce reliance on dollar stablecoins and non-European payment infrastructures.

The initial promotional tweet for the Meme coin GOLD was deleted, and the token's market value has dropped to $600,000. The official Twitter account of realtrumpcoins stated, "We are handling the situation, please invest and stand by." Subsequently, this tweet was also deleted, and currently, all content related to the Meme coin GOLD on the official realtrumpcoins Twitter account has been removed, suggesting that the official account has regained control.Community members remind that the association of this project with websites/links does not equate to official confirmation, and they quoted Eric Trump's previous statement, "No one is issuing coins, otherwise it is fraud," urging to wait for clear endorsement before taking action. The Chinese community and multilingual communities generally remind not to blindly FOMO and to consider only after confirmation.

The U.S. Commodity Futures Trading Commission (CFTC) ordered former White House teleprompter operator Gabriel Perez to pay a fine of $172,539 this Friday for illegally trading on a prediction market platform using advance knowledge of Trump's speech content.According to a settlement agreement with the CFTC, Perez must return illegal profits of $107,539.02 and pay a civil penalty of $65,000. He also agreed to a three-year trading ban and committed to cease and not violate the Commodity Exchange Act and CFTC regulations.The CFTC noted that Perez traded Trump "mention market" contracts on the Kalshi platform during his time at the White House from December 2025 to February 2026. These contracts are event contracts that determine payouts based on whether the president uses specific words or phrases in a speech.

According to Bloomberg, European Central Bank Executive Board Member Isabel Schnabel stated that central banks should introduce central bank money into blockchain to innovate the execution of monetary policy.Implementing "on-chain" not only maintains the status of money as the "settlement cornerstone," but also allows central banks to utilize the programmable features of distributed ledgers to modernize the execution of monetary policy, collateral management, and liquidity provision, thereby promoting financial stability.

SK Hynix CEO Kwak Noh-Jung stated that the company is exploring ways to deepen cooperation with Japanese memory chip customers and suppliers, and is cautiously assessing how to jointly develop the NAND flash memory market. Regarding the company's significant indirect stake in Kioxia, he mentioned that there are currently "no definite plans."After Toshiba's recent divestment, SK Hynix's investment vehicle BCPE Pangea Cayman2 has become Kioxia's largest shareholder, holding a 14.19% stake. SK Hynix holds bonds that can be converted into nearly all voting rights of this investment vehicle; according to a previous agreement, its voting rights cannot exceed 15% before 2028 without Kioxia's consent.In addition, SK Hynix is investing over $4 billion to build its first U.S. HBM packaging facility in Indiana. The cleanroom of the factory is expected to be operational by October 2028, with mass production of the next generation HBM planned for the second half of 2029, and it is expected to employ about 1,000 people once fully operational. The company is also still evaluating the possibility of listing its U.S. NAND subsidiary Solidigm, but no decision has been made yet.

According to Binance spot data, the market has experienced significant fluctuations. The MOVE has increased by 14.63% in the last 24 hours and reached a new high for today.At the same time, PROM has decreased by 10.38% in the last 24 hours, showing a "high and then low" state, and CHIP has also shown a "high and then low" state, with a decrease of 8.63% in the last 24 hours. In addition, MRVLB has reached a new low for today, with a decrease of 5.97%, and MVLLB has also reached a new low for today, with a decrease of 11.33%.EDEN and MUUB have respectively shown a "bottoming out and rising" state, with increases of 5.59% and 5.26%.

AI startup Hark announced a multi-year partnership with NVIDIA to advance personalized intelligent agent AI based on megawatt-level computing.

The Hyperliquid Policy Center stated on platform X that perpetual contracts should be at the core of the U.S. Commodity Futures Trading Commission (CFTC) innovation agenda. The agency submitted a statement regarding the first meeting of the CFTC Innovation Advisory Committee on August 20, pointing out that perpetual contracts are gradually expanding beyond the digital asset market to traditional asset classes such as stocks and commodities, and that demand for this product among U.S. market participants is rising.Perpetual contracts can meet the risk management needs of different market participants, making them particularly suitable for airlines hedging fuel costs, investment funds managing portfolio exposure, and AI developers addressing ongoing risks related to computing costs that do not have a clear expiration date. Compared to futures with fixed expiration dates, perpetual contracts do not require rolling over, and there are no expiration and delivery issues; they anchor contract prices to the underlying assets through periodic funding rates. Currently, on Hyperliquid, perpetual contracts deployed by third-party developers cover over 80 traditional commodity and stock markets, with a cumulative notional trading volume exceeding $500 billion.This year, the CFTC has taken several measures to promote the establishment of the perpetual contract market in the U.S. In May, the CFTC approved the first perpetual futures contract listed in the U.S. and issued a policy statement and continuous trading guidance regarding the listing of perpetual contracts; in June, the CFTC sought public opinion on extending perpetual contracts to energy commodities and further consulted on computing power derivatives.In addition, the Hyperliquid Policy Center believes that on-chain infrastructure can also promote the modernization of the U.S. derivatives market within the existing regulatory framework. Public blockchains can openly record markets, orders, and positions, continuously conduct margin assessments programmatically, and enable real-time collateral transfers, thereby reducing counterparty credit risk and settlement risk. The agency will continue to provide relevant research and technical documents to the CFTC Innovation Advisory Committee and committee staff, and promote the establishment of a pathway for U.S. market participants to compliantly access on-chain markets. The agency believes that perpetual contracts are one of the most representative financial innovations of the past decade and should be further developed in the U.S. market.

GoPlus Security issued a security alert stating that realio[.]fund, a subsidiary of Realio Network, was attacked. The attacker took over the platform's signature system and transferred assets from the treasury and custodial wallets on Ethereum, BNB Chain, Algorand, Stellar, and the Realio native chain.This incident involved approximately 127.9 million RIO, valued at around 6.2 million dollars, and the attacker has currently cashed out about 317,000 dollars.

Zhao Changpeng stated at the "Bitcoin Asia 2026" conference in Hong Kong that people often overestimate what can be done in a year but underestimate what can be done in ten years, and a large amount of infrastructure will be built in the next decade. In the past two years, the attitude of traditional finance towards Bitcoin has undergone a significant change, and in recent years, the growth of tokenized stocks has been rapid. Binance's bStocks has quickly grown in just about three months since its launch, and looking ahead to the next ten years, this will be a huge market. In addition, various sectors such as payments, AI, Agentic financial infrastructure, stablecoins, and tokenization will see significant development in the next decade; now is the moment with the most opportunities in history.He mentioned that the Bitcoin blockchain currently does not support tokenized businesses, and tokenization mainly occurs on other blockchains. However, the various sectors within the crypto industry promote each other; those who understand Bitcoin will eventually understand other blockchains and tokens, and those who enter through stock tokenization will also pay attention to Bitcoin. He gave an example that it is difficult for Asians to open U.S. stock brokerage accounts, and the trading hours of U.S. stocks are inconvenient. Once stock tokenization occurs, it will enable more people who were previously unable to trade U.S. stocks to participate through crypto platforms. After these individuals enter the crypto platform, they may also start to engage with Bitcoin exposure that they did not have before.

According to Bitcoin.com, Strategy (MSTR) Executive Chairman Michael Saylor proposed the concept of "Bitcoin Reform" in a published article, advocating that Bitcoin should break free from the dogmatic understanding of early concepts such as Satoshi Nakamoto, the white paper, and "must self-custody," and further integrate into banks, exchanges, enterprises, securities markets, and government systems.Saylor stated that self-custody remains an important right for holders to freely exit the intermediary system, but it should not be a mandatory obligation for everyone; users can also evaluate institutional services based on dimensions such as custodial isolation, collateral, audits, insurance, and withdrawal rights. He believes that Bitcoin has gradually evolved from peer-to-peer electronic cash and "digital gold" into "digital capital" that can support credit, equity, currency, and machine economies.

According to the Nikkei, Japan's Financial Services Agency, Ministry of Finance, Bank of Japan, and financial institutions plan to establish a research group in the summer of 2026 to promote the construction of next-generation payment and settlement infrastructure based on blockchain (distributed ledger), with a specific preparation plan expected to be formed in early 2027.The plan initially focuses on government bonds and stock trading, aiming to achieve 24-hour instant settlement of funds and securities. The report notes that although there have been several blockchain financial application trials in the past, this is the first time the Japanese government and central bank have set a clear timeline for the actual implementation of related infrastructure.

The U.S. Department of Defense will invest $750 million in US SIIE to promote the rare earth program.

According to reports from Intelligent Emergence, ByteDance has completed the team integration of its office AI products, with the TRAE and Coze teams being fully merged into the Doubao system. Among them, TRAE Work and Coze will integrate their product capabilities in work scenarios with Doubao, while TRAE IDE and CLI will continue to develop as a programming product line under the Doubao brand. After the adjustment, the relevant product and operations teams will report to Zhao Qi, the product head of Doubao.TRAE and Coze were originally part of ByteDance's Product R&D and Engineering Architecture Department, positioned respectively as AI programming products and AI intelligent entity development platforms. Starting this year, productivity agents have become an important strategic direction for Doubao, and the experience accumulated by both parties will be reused in Doubao. Following this adjustment, ByteDance has further clarified the AI core business positioning of Doubao, focusing AI office products on Doubao, and will launch the independent AI office product "Doubao Work" as a unified product and brand for AI office scenarios as early as this week.ByteDance responded that the adjustment aims to better coordinate product and technical resources to provide users with a higher quality AI work experience, and existing user rights will not be affected. Recently, Doubao has intensively updated office functions such as remote computer control, Windows virtual desktop, cloud computer, and side workbench, and has launched over 200 skills and connectors; the independent "Doubao Work" will also be deeply integrated with Feishu, with the former Feishu "Aily Intelligent Partner" having been renamed to "Doubao Work Partner."

According to the official announcement from Gate, Gate is collaborating with World Liberty Financial (WLFI) to promote the USD1 Points Program, and the second phase of the WLFI token airdrop is about to be distributed. The total amount of this airdrop is 700,000 WLFI, which will be allocated based on the proportion of points earned by users during the specified statistical period. All users holding points will receive the corresponding airdrop.The points statistics are valid until August 25 at 08:00 (UTC+8), and WLFI tokens will be directly credited to the spot accounts of eligible users on August 26 at 08:00 (UTC+8). It is worth noting that since Gate and WLFI jointly launched the USD1 Points Program in August 2025, the program has cumulatively distributed 3,000,000 WLFI tokens to participating users. In addition, the new phase of the USD1 Points Airdrop Program will be launched on August 26.

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 monitoring by Catcher Predict, in the prediction market Polymarket for the event "LoL: ThunderTalk Gaming vs LGD Gaming (BO3) - LPL Group Advancement," the "Yes" option win rate for the sub-market "Both Teams Kill the Dragon" has experienced a sharp fluctuation, soaring from 50% an hour ago to the current 90% (a fluctuation of 40%). Please note the impact of relevant breaking news.

Polygon co-founder Sandeep Nailwal stated that in response to community calls, the team is advancing a proposal for staking and tokenomics reform. He revealed that Polygon's revenue has achieved a tenfold increase this year, delivering 5k TPS and a 25% reduction in block time, and is now moving towards a block time of less than 1 second, making it the right time for stakers to receive their rightful share.Key points of the proposal include: launching native staking similar to L1 on Polygon PoS, which can run in parallel with Ethereum staking; the priority fee for each transaction will flow to POL stakers (PIP-85 has been approved, and native staking will simplify implementation); staking rewards are expected to nearly double, supported by real network fees rather than inflation; staking POL may earn additional incentives such as discounted Gas fees; sPOL will maintain liquidity and can be used in DeFi. Polygon Labs will write the code and submit the proposal for community forum review.

This week, U.S. cryptocurrency policy has seen intensive progress. The Trump administration has pushed for new advancements in the CLARITY Act, the SEC has proposed a draft of regulatory rules for cryptocurrency assets for the first time, and the CFTC has stated that if congressional legislation stalls, it will promote the establishment of an independent regulatory framework for the cryptocurrency market. Trump met with leaders from several cryptocurrency companies at the White House this week and publicly called on Congress to pass a "fair version" of the CLARITY Act. Representatives from Coinbase, a16z, Ripple, Kraken, and other industry participants attended the meeting, focusing on the bill's impact on U.S. jobs, innovation, and attracting cryptocurrency companies back. Currently, the main obstacles to advancing the bill are concentrated on certain ethical clauses. Trump believes that the relevant provisions may target individuals, but industry insiders are pushing both sides to find a compromise to facilitate bipartisan support.CFTC Chairman Mike Selig stated that the CLARITY Act is key to avoiding regulatory uncertainty. If Congress continues to delay, the CFTC will use its existing authority to formulate regulatory rules for the cryptocurrency asset market. Meanwhile, the U.S. SEC has officially proposed a "Crypto Assets Rule Framework," planning to allow certain cryptocurrency financing to be exempt from full securities registration under specific conditions, including a cumulative financing cap of $5 million over four years or an annual limit of $75 million, and providing conditional safe harbor for certain token projects. Additionally, the SEC is considering limiting certain state securities registration requirements to provide a clearer compliance path for U.S. cryptocurrency companies. Market participants believe that recent actions by U.S. regulators indicate that Washington is shifting from a previous enforcement-based regulatory model to establishing a systematic regulatory framework for cryptocurrency assets.On the other hand, former Signature Bank Chairman Scott Shay has launched the N3XT Digital Dollar (NDD) digital dollar deposit project, attempting to challenge the stablecoin market. NDD operates on a public blockchain, enabling 24/7 dollar transfers, and is backed one-to-one by cash and short-term U.S. Treasury bonds. Shay stated that banks can leverage blockchain technology to create a payment system similar to stablecoins while maintaining the dollar credit advantage of the traditional financial system. The project is seen as a new attempt by banks to respond to the expansion of stablecoins. Additionally, the cryptocurrency investment market is entering a new cycle. Dragonfly partner Rob Hadick stated that although AI is attracting significant capital, cryptocurrency startup activity is still recovering, and future predictions of market, institutional applications, and improvements in U.S. regulation may drive new growth in the industry.