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The UK's HM Revenue and Customs (HMRC) stated that for the 2024 to 2025 tax year, 240 individuals each reported capital gains from crypto assets exceeding £1 million, totaling £717 million, accounting for more than half of the total. The capital gains of all 17,600 filers amounted to £1.38 billion, with disposals totaling £13.8 billion. Taxpayers reporting capital gains below £25,000 accounted for 65%, contributing only 7% of the capital gains and 8% of the disposals.Among crypto asset taxpayers, 54% are aged between 25 and 44, and 81% are under 54; males account for 87%, contributing 93% of the capital gains. The UK is advancing regulation based on the OECD crypto asset reporting framework, requiring trading service providers to provide customer information to tax authorities, with HMRC set to start receiving relevant data in 2027; service providers failing to comply will face fines of up to £300 per user. James Murray, Financial Secretary to the Treasury, stated that capital gains from crypto assets are subject to tax just like other capital gains. The UK Treasury plans to defer capital gains tax on DeFi lending and assets deposited into liquidity pools until the actual disposal of the assets. For the 2025 to 2026 tax year, capital gains exceeding the tax-free allowance must be reported by January 31, 2027.

Ethereum developer nixo.eth revealed on the X platform that Ethereum core developers have decided to change the status of the account abstraction proposal EIP-8141 from "under consideration" to "scheduled," confirming that account abstraction will be promoted as a key feature of the Hegotá upgrade.This EIP was proposed in March as a flagship upgrade, and community consensus suggests that even though there are still controversies regarding the specific implementation, account abstraction should be launched in Hegotá. In recent weeks, another proposal, EIP-8130, has emerged as a competitor, planning to be deployed on Base in September, sparking discussions about avoiding a split in account abstraction standards between L1 and L2. The authors of both EIPs and core developers are working hard to reach a unified solution without delaying the upgrade. The status change means that this feature has officially entered the planning for the Hegotá upgrade, but the specific specifications may undergo significant changes, and it is common for implementation plans to change before the official launch.

According to South Korean media Chosun Biz, SK Hynix's NAND is lagging in the transition of old process lines, making it difficult to narrow the efficiency gap. As of the second quarter of this year, its 176-layer products still account for about 50%, while Samsung has completed the transition mainly to 236 layers. Omdia data shows that Micron's 232-layer products account for 53%, and YMTC reaches 68%.During the rising cycle of NAND prices, companies with a higher proportion of advanced processes see better cost and profit improvements. SK Hynix (including Solidigm) saw its NAND revenue share drop from 21.4% in the fourth quarter of last year to 16.4% in the first quarter of this year, while YMTC increased from 11.5% to 16.2%. SK Hynix prioritizes equipment investment in DRAM and HBM, with NAND investments decreasing for three consecutive years, from $3.5 billion in 2023 to $2.9 billion in 2025, slowing down the transition. It is currently considering impairing old NAND assets to optimize costs.

According to market news, SATA has raised enough funds today to purchase 429 bitcoins, with a trading volume of 50 million USD, marking the highest single-day volume this week.This week, SATA has raised funds to buy 1,084 bitcoins, which is more than 5% of its total holdings in four days, equivalent to Strategy buying 42,659 bitcoins in a week.

According to RootData market data, the price of Nvidia (NVDA) contracts on 10 platforms is concentrated between $213.6 and $213.9, with a 24-hour increase ranging from 0.96% to 1.24%. The total 24-hour trading volume is approximately $232 million, with an open interest value of about $184 million.Among them, Binance has a trading volume of about $123 million, accounting for approximately 52.9% of the total trading volume, with an open interest of about $41.5375 million; Hyperliquid has a trading volume of about $59.3152 million, with an open interest of about $97.9711 million, accounting for about 53.2% of the total platform open interest, making it the market with the largest position. The disclosed platforms have a total liquidity depth of ±2% of approximately $12.6731 million, with Hyperliquid at about $4.432 million and Binance at about $3.4173 million.In terms of market concentration, Binance, Hyperliquid, and OKX contribute approximately 88.3% of the trading volume; Hyperliquid and Binance together account for about 75.8% of the open interest. Currently, the funding rates across platforms are generally low, and there has not yet been a significant extreme bullish premium.Previous report indicates that Nvidia will announce its second-quarter financial report after the U.S. stock market closes on Wednesday, with the market's focus mainly on five aspects: AI infrastructure financing, progress on Vera Rubin servers, open model layout, sales in China, and gross margin pressure.

The blockchain data analysis platform Dune has announced adjustments to the access permissions of its free plan. For users who created accounts before July 21, 2026, starting from September 10, the free plan will change to a view-only mode. Users will still be able to browse all content on Dune, but running queries will require a paid plan.Existing user work will remain saved, and on September 10, users will automatically receive a 14-day trial of the Plus plan to experience all paid features. Detailed migration plans and upgrade offers have been sent to users' email. For users who created accounts after July 21, 2026, the relevant permissions will not change.

Flop Labs announced the FLOP token economics draft, with no VC allocation, no presale, and airdrops aimed at miners, validators, agents, and early community participants.According to the draft chart, the total supply of tokens is expected to reach 17.2 billion in the 10th year, with a terminal year inflation rate of 0.6%; in the total supply distribution, miners account for the highest proportion at 51.2% (8.8 billion), airdrops account for 20.4% (3.5 billion, subdivided into miners, validators, agents, and reserve incentives), the team and foundation account for 11.4% (2 billion), validators and brokers/agents each account for 6.8% (1.2 billion each), and staking rewards account for 3.4% (600 million).Flop Labs stated that an AMA hosted by Arthur Hayes (CryptoHayes) will be held next week on X Spaces/YouTube to announce more details. The project team emphasized that the above token economics data is all draft and specific details may change.

According to the latest data from Counterpoint Research, the Apple iPhone 17 is the best-selling smartphone globally in the second quarter of 2026, accounting for 6% of the total global smartphone shipments; the iPhone 17 Pro Max and iPhone 17 Pro rank second and third on the list. Apple and Samsung each occupy five positions in the global best-selling smartphone TOP10 list; the top ten models together account for 26% of the total global smartphone sales, an increase of 2% year-on-year. The base model iPhone 17 remains the best-selling smartphone this quarter, with significant upgrades narrowing the gap with the Pro models, supporting sales.Apple's stock price closed down 0.14% on Tuesday and fell 0.23% after hours, with a market capitalization currently reported at $4.52 trillion. For Samsung Electronics, two models from the Galaxy S series entered the top ten; the Galaxy S26 Ultra became Samsung's best-selling model this quarter, improving its ranking by 5 places compared to the previous generation, and it is also the best-selling Android model this quarter; this is the first time a super high-end Android device has led Android sales in the second quarter.

According to Bloomberg, the Chinese AI model company Z.AI (智谱, 2513:HK) listed in Hong Kong and MiniMax Group (100:HK) are facing record short-selling bets. Data shows that MiniMax's short position has accounted for about 20% of its free float, while Z.AI is around 6%. These positions have risen to high levels ahead of the two companies' upcoming earnings reports, reflecting investors' increasing concerns about the intense competition in the Chinese AI sector.After both companies completed high-profile listings earlier this year, their stock prices have retreated from historical highs, but short-selling activity has further intensified. Market attention is focused on the escalating competition among domestic large model manufacturers and the resulting pressure on profit prospects and valuations.

According to Bloomberg, Kraken stated that some customers were temporarily unable to access their accounts after receiving tiny amounts of cryptocurrency from wallets associated with the sanctioned competitor HTX. Kraken referred to these transfers as "dust attacks," believing their purpose may be to trigger compliance reviews on the platform by spreading sanctioned funds.Data from Etherscan and Arkham Intelligence shows that from August 17 to 24, the wallet sent nearly 12,000 small transfers to addresses related to Kraken, most of which were worth only a few cents or a few dollars.Kraken stated that it has restored account access for affected customers while continuing to withhold the relevant sanctioned funds as required and is cooperating with authorities to limit the impact. HTX denied initiating these transfers and stated that it is investigating, with possible reasons including source identification errors or malicious activities by third parties.

Binance co-founder He Yi stated that Binance Wallet currently accounts for about 75% of the overall wallet transaction volume, processing over $13 billion in transactions daily. The wallet uses a Multi-Party Computation (MPC) architecture to enhance asset security and account recovery capabilities, and integrates features such as error address protection, potential malicious contract warnings, and high-risk token/network alerts.He Yi mentioned that the future direction of self-custody development is not only to improve security strength but also to make security usage more intuitive at the product design level.

Binance and Coinbase are currently leading the recent market rebound. Data shows that as of August 21, on the largest single day of stablecoin inflows recently, Binance had a net inflow of approximately $2.026 billion, while Coinbase had a net inflow of approximately $1.447 billion. The combined stablecoin inflows from the two trading platforms accounted for more than half of the total market inflows.A large inflow of stablecoins into trading platforms indicates an increase in potential buying pressure, and Binance and Coinbase may be becoming the main forces driving the recent rise in the cryptocurrency market.

According to TrendForce, at Hot Chips 2026, Micron emphasized that the progress of AI computing power is faster than storage improvements, and the challenge of the "storage wall" is becoming increasingly prominent. Micron Fellow Raghu Sriramaneni pointed out that the computing power of AI accelerators increases approximately threefold every two years, while the bandwidth of HBM increases by less than double during the same period, and the gap may further widen. The deepening reliance on HBM also brings reliability issues; Micron cited Meta Llama 3 data indicating that HBM failures account for about 17% of unexpected training interruptions. New designs that blur the boundaries between computing and storage may help break through the bottleneck.The expansion of HBM also brings area and supply pressures: the latest generation of packaging integrates two GPUs with eight 12-layer HBM4 stacks, with storage accounting for about 90% of the semiconductor area, more than eight times the area occupied by GPUs; achieving equivalent capacity with HBM requires about three times the wafers of standard DDR5 DRAM. Thermal management has also become a key constraint, with solutions such as liquid cooling and ultra-thin chips being explored.Micron is advancing innovations in interconnect, packaging, and cooling, including SerDes and die-to-die PHY optimized for storage, larger size SiP and advanced packaging with glass substrates, as well as liquid cooling and hybrid bonding, and is developing fusion bonding to reduce thermal resistance and enhance data throughput.

According to monitoring by Lookonchain, Machi (@machibigbrother, 0x020...872) was once liquidated to an account balance of less than $60,000. Currently, his account balance has increased nearly 200 times and has opened long positions in BTC and ETH worth $113 million, including 23,350 ETH valued at $59 million; 668 BTC valued at $54 million.

Monad officially released a new MIP (Monad Improvement Proposal), themed around Flexible and Upgradeable Account Authentication. The core of this proposal is to allow accounts to change keys without changing addresses, thereby enhancing the flexibility and security of account management.Through this mechanism, accounts can smoothly upgrade to quantum-resistant cryptographic schemes to address potential threats posed by future quantum computing. The proposal has been officially announced, and the community can further review relevant technical details and discussions.

On August 24, recent news reported that some banks in Hong Kong have initiated a source of funds declaration procedure for certain existing mainland investment clients, setting deadlines of August 20 (services may be suspended if not submitted) and September 12 (services may be terminated if not submitted).Previously, in response to requirements from the Hong Kong Securities and Futures Commission and the Hong Kong Monetary Authority, some banks have begun to require new mainland account investors to confirm that their source of funds comes from legitimate overseas channels. This source of funds confirmation procedure targets existing mainland investor accounts, primarily focusing on long-term "inactive accounts." It is understood that some licensed institutions in Hong Kong, including HSBC Hong Kong and branches of Chinese banks in Hong Kong, have indeed implemented such measures recently.

The Financial Supervisory Service of Korea submitted data to the National Assembly's Political Affairs Committee today, revealing that as of the end of July, the five major virtual asset exchanges in Korea have registered a total of 6,590 corporate accounts. Bithumb has the highest number of registered corporate accounts, reaching 3,280; the accounts under Upbit operator Dunamu total 2,086. The two major exchanges account for a total of 5,366 corporate accounts, making up 81.4% of the total. In addition, Korbit has 620, Coinone has 539, and Gopax has 65.

According to a report by the Korean News Agency, the Financial Supervisory Service of Korea submitted data to the National Assembly's Political Affairs Committee, revealing that as of the end of July, the five major virtual asset exchanges in Korea (Upbit, Bithumb, Coinone, Digital Asset Exchange, Gopax) have registered a total of 6,590 corporate accounts.In terms of the distribution of exchanges, Bithumb has the highest number of registered corporate accounts, reaching 3,280; the operator of Upbit, Dunamu, has 2,086 accounts. The two major exchanges account for a total of 5,366 corporate accounts, which is 81.4% of the total. Additionally, Korbit has 620, Coinone has 539, and Gopax has 65.In terms of compliance, there are a total of 711 corporate accounts that have completed customer identity verification (KYC), accounting for 10.8% of all corporate accounts. Among them, Upbit has the most with 290; Bithumb has 199, Korbit has 184, and Coinone and Gopax have 33 and 5, respectively. In terms of the scale of virtual asset holdings, Korean corporate accounts hold approximately 43.377 billion Korean won (about 31.2 million USD), with Upbit having the highest share, holding approximately 27.08 billion Korean won, accounting for 62.4% of the total; Bithumb holds about 6.29 billion Korean won, and Coinone holds about 5.15 billion Korean won. The deposit scale of corporate accounts is approximately 9.13 billion Korean won.

Regarding the recent attack on the payment public chain Keeta, Keeta Network CEO Ty sent a letter to the attackers stating that the investigation has made substantial progress and evidence has been collected that can identify the attackers. This includes information on the IP addresses related to the attack, the VPN and VPS infrastructure used, the user agents and technical environment that initiated unauthorized requests, relevant email addresses, the software used, and the infrastructure service providers. The relevant evidence has been preserved and submitted to the authorities.The attackers are required to return all funds obtained from this attack within 72 hours, with repayment acceptable in KTA, ETH, or USDC. If the full amount is returned, a certain reward will be offered, and the matter will be resolved without pursuing legal responsibility. If the deadline is exceeded and the funds are not returned, all rights to pursue legal action and fund recovery will be reserved. Ty previously stated that the root cause of the security incident has been confirmed and patches are being tested. The issue is an isolated problem with the affected components and does not impact Keeta's anchor system or any external connection systems. All KTA on Base has not been affected. The Keeta mainnet will remain in read-only status until the patches are fully tested and appropriate additional safeguards are implemented before resuming full operation. The team is actively assessing the best way to fully compensate all affected users.