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The Zcash full node client Zakura team has released Zakura Common, a set of cryptography and protocol libraries for the Zcash ecosystem. Official benchmarks show that the proof generation speed on mobile has increased by over 14 times (over 5 times on desktop), the Sinsemilla hash speed has increased by over 21 times, the decryption speed has improved by over 1.5 times, and the zk-SNARK verification speed has increased by 4 to 8 times; in many cases, the waiting time for wallet transactions can be reduced from over 3 seconds to under 200 milliseconds.This upgrade does not require a network upgrade and has been open-sourced under the MIT/Apache 2.0 dual license. Zakura 1.3.0 will switch to this technology stack.

U.S. President Trump will fill the U.S. Strategic Petroleum Reserve with Venezuelan oil. The process to replenish it to full capacity will soon be initiated.

IMF President Georgieva stated at the Jackson Hole annual meeting that stablecoins and tokenization could enhance global financial liquidity, making large cross-border payments cheaper and faster; however, stablecoins could also exacerbate currency substitution, capital flows, and exchange rate volatility, while undermining capital controls and monetary sovereignty. Dollar stablecoins may expand the global network effect of the dollar and marginally reduce U.S. financing costs, but they cannot replace fiscal discipline.This year's Jackson Hole Global Central Bank Annual Meeting has revealed three clear institutional divergences: BIS leans towards "marginalization of stablecoins, centralization of tokenized deposits"; ECB leans towards "central bank currencies on-chain"; while IMF acknowledges the real efficiency of stablecoins in cross-border payments but emphasizes the risks of currency substitution and capital flows in emerging markets. This has more policy implications than simply "supporting or opposing stablecoins."

U.S. Treasury Secretary Benczkowski vowed at the beginning of this week to launch an "economic assault" against Iran and its trading partners, once again attempting to end the war. However, by the weekend, countries with ties to Iran have so far dismissed this threat, and analysts are disappointed with the actions taken by the U.S.As the week nears its end, the U.S. announced plans to sanction the branch of Egypt's Misr Bank located in the UAE. Previously, Benczkowski had warned that the world would see "significant news of a financial institution being sanctioned before the end of this week," making this move far below expectations.Alex Zerden, a former U.S. Treasury official and founder of Capitol Peak Strategies, stated, "The actions publicly taken by the U.S. Treasury this week do not match the prior hype. The 'economic exile action' continues the restrictive economic measures against Iran that have been in place for 47 years, but it does not provide a clearer path for how this current action will achieve economic or military victory."

According to Coinglass data, in the past 24 hours, the total liquidation across the network was $74.045 million, with long positions liquidated at $21.3042 million and short positions liquidated at $52.7408 million. Among them, Bitcoin long positions were liquidated at $2.3138 million, Bitcoin short positions at $19.5091 million, Ethereum long positions at $2.4298 million, and Ethereum short positions at $6.4782 million.In addition, in the last 24 hours, a total of 42,832 people were liquidated globally, with the largest single liquidation occurring on Binance - SOLUSDT worth $944,000.

According to the official announcement, Bitget has launched the U-based "Bull Coming" perpetual contract, supporting up to 10x leverage, and the contract trading Bot will be opened simultaneously. For more details, please refer to the Bitget official platform.

Zhao Changpeng appeared on the podcast "Meanders" and discussed the pressures, adaptability, and lifelong motivation in the cryptocurrency field. When talking about pressure, Zhao Changpeng stated, "I generally do not set goals; I just do my best. This year the market is not good, so the company's performance may decline, but I have tried my best, I did not slack off, and I did not make any major mistakes. I handle problems in the same way.""No matter how difficult the problem is, I just try my best to deal with it. I also believe in simulation theory; I believe this world is simulated, so it’s like a game. It is simulated, but that does not mean this game is unimportant. However, in this game, I just need to do my best; you try your best to handle it, and after handling it, you can only wait, just lie back and win."Zhao Changpeng mentioned the industry, saying, "As for blockchain itself, I think the improvement in performance is still too slow. But because Bitcoin upgrades slowly, it is particularly stable, which is also an advantage. So there are advantages and disadvantages. Many of the ideas we had in the early days had many implementations, many that were not implemented, and many unexpected things happened."Regarding RWA, he said, "Even a year and a half ago, I would have doubted whether RWA could succeed, but now it is growing very fast. To be honest, I might have had some doubts about stablecoins five years ago, wondering how long they could last; at that time, I did not fully understand them. Stablecoins have their own uses. So these things are all things we did not think of before."

Michael Saylor, the founder and executive chairman of Bitcoin Strategy, once again released information related to the Bitcoin Tracker and wrote, "We're ₿ack."According to previous patterns, Strategy usually discloses Bitcoin holding changes the day after relevant news is released.It is worth noting that the last time Strategy disclosed an increase in Bitcoin holdings was on June 22, 2026, and there has been no information related to the Bitcoin Tracker released in the past two weeks.

According to CoinDesk, as Bitcoin surged from about $62,000 to over $77,000 last week, liquidating approximately $3 billion in leveraged short positions, major crypto market makers such as Abraxas Capital, Fasanara Capital, and Wintermute quietly established short positions in perpetual contracts worth hundreds of millions of dollars on Hyperliquid.Lookonchain data shows that the three institutions collectively hold short positions of 138,569 ETH (approximately $338 million) and 3,425 BTC (approximately $265 million); meanwhile, Abraxas Capital withdrew 73,872 ETH (approximately $173 million) from Binance in the past four days.This strategy is known as cash arbitrage or basis trading: traders hold spot positions while shorting an equivalent amount of assets through perpetual contracts to hedge against price volatility risks, primarily earning the funding rates paid by longs to shorts. In previous months, funding rates were long suppressed or even turned negative, but this month's rebound has quickly turned funding rates positive, reopening the arbitrage window. Aegis data shows that the 30-day average funding rate for Bitcoin perpetual contracts on August 24 reached an annualized 6.7%, with a 7-day average of 8.7%; 21shares capital markets noted that basis trading for mainstream assets like Solana is also becoming lucrative.This trading has extended to regulated markets: Glassnode data shows that CME Bitcoin futures open interest has risen from about 87,000 BTC to 122,000 BTC.

According to CCTV Finance, Suiruan Technology will launch online subscription on the Shanghai Stock Exchange's Science and Technology Innovation Board on September 2, with the stock code 688801 and online subscription code 787801. It plans to issue approximately 43.04 million shares, accounting for 10% of the total share capital after issuance, raising 6 billion yuan for the research and development of fifth and sixth generation AI chips and collaborative projects for artificial intelligence hardware and software.Suiruan Technology, along with Moore Threads, Muxi Co., and Birun Technology, is collectively known as the "Four Little Dragons of Domestic GPUs." The other three companies have already gone public, with their closing price increases on the first day of listing being 425.46%, 692.95%, and 75.82%, respectively. Suiruan Technology's revenue for 2023 to 2025 is projected to be 301 million, 722 million, and 990 million yuan, with a three-year compound growth rate of 81.32%.

Zhao Changpeng appeared on the podcast "Meanders." Zhao Changpeng stated that if he were to redo a global cryptocurrency trading platform in 2017, the first principle would be to avoid U.S. users. Their definition of centralized financial platforms is: if you have U.S. users, you need to be subject to U.S. regulation and obtain a license in the U.S. This is not 100% enforced in the U.S., but they have the right and the ability to do so.Additionally, contracts might be developed a bit earlier. Even some other financial products could potentially be developed a bit earlier, and financial products would be more comprehensive. Communication with regulators might be more thorough. Binance is currently the trading platform that communicates the most with regulators, but the coverage is still somewhat lacking. Moreover, if you really want to do this, the cost is very high. It's not just a matter of money; you need to hire good people, spend a lot of time, and invest a lot of time managing this matter.

During the weekend market closure of traditional markets, the perpetual contract types of stocks on the exchange may be priced in advance for Monday's market. According to RootData, most popular stocks are above Friday's after-hours levels:Robinhood (HOOD) is currently at $106.90, up 2.62% from the last trading day's after-hours reference price of $104.17;SK Hynix (SKHY) is currently at $163.96, up 1.82% from the last trading day's closing reference price of $161.04;IREN (IREN) is currently at $35.99, up 1.58% from the last trading day's after-hours reference price of $35.43;Strategy (MSTR) is currently at $129.22, up 1.46% from the last trading day's after-hours reference price of $127.36;Semiconductor 3x Long ETF (SOXL) is currently at $112.81, up 1.27% from the last trading day's after-hours reference price of $111.39;Gold Mining Stocks ETF (GDX) is currently at $100.91, up 1.25% from the last trading day's after-hours reference price of $99.66;SanDisk (SNDK) is currently at $1,501.31, up 1.15% from the last trading day's after-hours reference price of $1,484.30;Seagate (STX) is currently at $831.98, down 1.04% from the last trading day's after-hours reference price of $840.73;Circle (CRCL) is currently at $87.94, up 0.94% from the last trading day's after-hours reference price of $87.12;TSMC (TSM) is currently at $421.26, up 0.91% from the last trading day's after-hours reference price of $417.46;

Nick Timiraos, the "Fed Whisperer," stated that Fed Chair Waller has quelled some concerns about his strategy to combat inflation, but has also laid the groundwork for a larger test that may come in three weeks. If the Fed raises interest rates, it could anger the White House just weeks before the midterm elections. If they hold steady, it may reignite the doubts that Waller's remarks have calmed.Two points from Waller's speech on Friday particularly suggest that the Fed may raise rates next month. The first point is that Waller finds it difficult to describe the current financial conditions as restrictive. The second point is that the relatively positive inflation data over the summer has not convinced him that the underlying trend is improving. The Fed's default choice before Friday was to hold steady unless the data was strong enough to warrant action.Former Fed Vice Chair Cohen stated that Waller's remarks have reversed this logic. "He has changed the original assumption; it is now that they will raise rates unless the data shows it is unnecessary." This means that the final decision will depend on changes in the situation before the September meeting, especially the August CPI released on September 11. Cohen stated that if the data indicates that action is unnecessary, the Fed should not raise rates; if the data is strong, it could weaken the argument that inflation is moving back toward the Fed's 2% target.

In response to the recent warning from Pablo Hernández de Cos, General Manager of the Bank for International Settlements (BIS), regarding the risks that stablecoins may pose to financial stability, Tether CEO Paolo Ardonio took to the X platform to criticize the BIS.He stated that there is a fundamental difference in the underlying risk structure between stablecoins and tokenized bank deposits. Stablecoins are essentially tools that are 100% backed by high-liquidity assets (such as U.S. Treasury bonds); in contrast, tokenized bank deposits still belong to the deposit system of banks, which typically use a fractional reserve model, with only a portion backed by high-liquidity assets.

The Binance contract platform will launch the Niulai USDT perpetual contract on August 30 at 19:30, with a maximum leverage of up to 10 times, supporting a multi-asset model.

PPP prediction market tool monitoring shows that the probability of Polymarket "ETH dropping to $2400 in the remaining period of August" has decreased to 30%, a 31% drop in 24 hours; the probability of dropping to $2300 has decreased to 4%, a 4% drop in 24 hours. This market is based on the Binance ETH/USDT trading pair.During the specified month in the title (from 00:00 on the 1st of the month Eastern Time to 23:59 on the last day), if the highest price of any 1-minute candlestick equals or exceeds the specified price in the title, it will be settled as Yes immediately; otherwise, it will be No. Only the 1-minute candlestick High price of Binance ETH/USDT is considered, and prices from other exchanges or trading pairs are not included.

According to Coinglass data, the current whale holdings on the Hyperliquid platform amount to $7.205 billion, with long positions at $3.419 billion, accounting for 47.46% of the holdings, and short positions at $3.786 billion, accounting for 52.54%. The profit and loss for long positions is $382 million, while for short positions it is -$413 million.Among them, the whale address 0x92ea..e9 has taken a 3x leveraged long position on BTC at a price of $77,089.9, currently showing an unrealized profit and loss of $2.0851 million.

According to Coinglass data, the Coinbase Bitcoin premium index has turned positive again, currently reported at 0.005% (yesterday it was -0.0086%), and buying sentiment in the U.S. market is beginning to warm up.The Coinbase Bitcoin premium index is used to measure the difference between the Bitcoin price on Coinbase (a mainstream trading platform in the U.S.) and the global market average price. This index is an important indicator for observing the flow of funds in the U.S. market, the enthusiasm of institutional investors, and changes in market sentiment. A positive premium indicates that the Coinbase price is higher than the global average price, which usually means: strong buying in the U.S. market, active entry of institutional or compliant funds, ample dollar liquidity, and optimistic investment sentiment. A negative premium indicates that the Coinbase price is lower than the global average price, which typically reflects: significant selling pressure in the U.S. market, decreased risk appetite among investors, increased market risk aversion, or capital outflow.

Ash Crypto posted on platform X that ETH/BTC is at a critical breakout point. The price has formed a triangular pattern with progressively lower highs and progressively higher lows, and the range continues to narrow, indicating that significant volatility is approaching.If the trend line is broken, the ETH price could rise to $2800; if rejected, it may fall back to $2000 to $2200. In either case, ETH is preparing for a significant move.