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Messari researcher Anastasiia stated that the new version of Ethena's fee switch is proposed to trigger based on the 14-day average supply of USDe, gradually increasing the revenue extraction ratio at thresholds of $7.5 billion, $10 billion, $15 billion, and $20 billion, and redirecting part of the revenue originally used for sUSDe staking, partners, and Aave leveraged operations towards ENA buybacks.Backtesting shows that during the activation of the switch, the annualized buyback scale is approximately $52.7 million, equivalent to 3.36% of ENA's market cap at the reported price; at the same time, about 9.3% of activation days will cause the yield of sUSDe to fall below that of sUSDS.The Ethena Foundation released four ecological adjustments, including the launch of a buyback ENA governance proposal and the cancellation of monthly VC unlocks.

According to OnchainLens monitoring, a certain whale unstaked 907,200 HYPE tokens, worth approximately 7.59 million USD, after staking for 4 months, and transferred them to the Bybit platform.

According to Cointelegraph, the cryptocurrency exchange MEXC has chosen Bybit EU, which has obtained MiCAR authorization, as the recommended alternative platform for Dutch users before exiting the Dutch market. MEXC is preparing to cease its related services in the Netherlands and guide local users to migrate to compliant exchanges.Bybit EU has obtained authorization under the EU Markets in Crypto-Assets Regulation (MiCAR) to provide compliant services in the relevant jurisdictions. This move aims to help Dutch users continue to access trading services after MEXC's exit while complying with local regulatory requirements.

According to GMGN monitoring, the Solana ecosystem's meme coin CYBERLEEK, issued by the GTA 6 hacker, has risen over 40% in the past 4 hours, with a market cap recovering to $14.5 million.The hacker organization claiming to be Cyberleek launched the Solana chain meme coin CYBERLEEK by leaking clips of the game "GTA 6," and claims to release a PC download client for GTA 6, allowing everyone to play this $2 billion blockbuster without spending a dime (the client claim has now been debunked). On August 22, Cyberleek publicly destroyed about 270 million developer-reserved tokens, accounting for approximately 27% of the total supply, claiming it "proves they won't dump and run," but still retains a large number of tokens and continues to profit from transaction fees.For more detailed reports, see "The hacker who leaked GTA 6 issued a coin, rising 20 times in one day." According to market news, meme coins generally have no practical use cases, and price fluctuations are significant, so investment should be approached with caution.

Tesla has raised the price of the dual-motor all-wheel drive version of the Cybertruck in the U.S. market to $74,990, and the high-end all-wheel drive version to $84,990.

At last week's Bubble Mart 2026 mid-year performance press conference, Bubble Mart founder Wang Ning stated, "The first half of 2026 is a very special year for Bubble Mart. Despite the pressure and challenges, we have still delivered a satisfactory report card. We achieved over 20% growth in the first half of the year, with significant improvements in our IP matrix and organizational health. The performance of our new amusement park and dessert business exceeded expectations, and the brand's global recognition, favorability, and reputation continue to rise. The management team maintains long-term confidence in the group's future development."In addition, he stated, "The difficulties this year may be greater than we imagined, but we are confident in overcoming short-term challenges. In the next six months, we will initiate a share repurchase plan of no less than 2 billion yuan and no more than 5 billion yuan, which also proves our increasing confidence in the company's long-term development."

According to GMGN data, the market capitalization of the SOL Meme coin CYBERLEEK briefly surpassed $23 million, with an intraday increase of over 12 times, currently reported at $21 million.In terms of narrative, this token is a meme coin of the same name issued by the hacker CyberLeek, who leaked a large amount of internal materials from GTA 6. ChainCatcher reminds users that meme coin prices are highly volatile, and investors should participate with caution.

Tesla announced that it will hold the Cybercab launch event in Austin, Texas, USA on September 3, 2026. In April of this year, Tesla's autonomous electric vehicle Cybercab officially went into production in North America. The vehicle is powered by AI and does not require a steering wheel, pedals, or rearview mirrors.

According to Bitcoin.com, the native token HYPE of the decentralized derivatives trading platform Hyperliquid is approaching $73. Crypto trader Pentosh1 stated that its fee burn mechanism will expand after the AQAv2 upgrade, potentially supporting its performance in the next bull market.Since November 2024, Hyperliquid has repurchased and burned 462 million HYPE, worth approximately $1.27 billion, with about 99% of protocol fees used for repurchase. The platform's annualized protocol revenue is currently around $600 million to $950 million. AQAv2, which stands for Aligned Quote Asset v2, is scheduled to start generating returns from the platform's over $5 billion USDC reserves, with about 90% allocated to the Assistance Fund, and the first funds are expected to arrive on October 3. Market participants estimate that AQAv2 could add an additional $135 million to $160 million in repurchase scale annually.In May, Coinbase and Circle, designated as Hyperliquid's official USDC fund deployers, have both committed to staking a larger amount of HYPE to assist in launching this mechanism.

The Central Cybersecurity and Informatization Commission issued the "Action Plan for Promoting High-Quality Development of Internet and Information Enterprises (2026-2030)."It mentions strengthening the construction of cyber rule of law. Actively carry out forward-looking research on legislation in the field of internet and information. Accelerate the legislative process in emerging areas such as artificial intelligence, anti-cyber violence, digital economy, online platforms, and blockchain.Promote the revision of the "Internet Information Service Management Measures," improve the legal system for internet information service management, "self-media" management, and algorithm governance. Advance the formulation of the Telecommunications Law, Cybercrime Prevention Law, and Cybersecurity Level Protection Regulations, and improve the supporting regulations for the "Regulations on the Protection of Minors Online" and "Regulations on the Management of Cyber Data Security."Standardize administrative inspections involving internet and information enterprises, minimizing interference with the normal production and operational activities of internet and information enterprises. Improve supervision and law enforcement measures that adapt to the new characteristics of internet development governance, and severely crack down on illegal and irregular activities online.

According to monitoring by Catcher Predict, in the prediction market Polymarket for the event "Cincinnati Open: Swiatek vs. Rybakina," the option "Swiatek" in the sub-market "Cincinnati Open: Swiatek vs. Rybakina First Set Winner" has experienced a dramatic fluctuation in winning probability, dropping from 87% an hour ago to the current 50.5% (a fluctuation of 36.5%). Please note the impact of related breaking news.

U.S. Treasury Secretary Basant stated that (regarding buybacks) this is an area with light trading in the market. The scale of buybacks may exceed the $4 billion we announced. U.S. Treasury yields have failed to reflect the fundamentals. Liquidity in the 30-year bond sector is particularly poor, and U.S. Treasury yields have failed to reflect the fundamentals.The fiscal announcement may be released this weekend or early next week, and it is "very likely" that we have already seen the peak of the fiscal deficit.

Cronos Labs CEO Ryan Wyatt posted that the token economics of CRO need to be re-evaluated. In the coming months, the team has a lot to discuss and plan. In particular, the buyback and burn mechanism corresponding to Cronos App revenue, community burns, and other related arrangements.These topics have been included in the project's Q4 roadmap, and the complete plan will be gradually announced at that time.

According to Cointelegraph, driven by the U.S. Treasury's expansion of the national debt repurchase scale and improved market liquidity expectations, Bitcoin surged significantly after the U.S. stock market opened on Wednesday, reaching its highest level since June 2.Previously, the U.S. Treasury announced that starting from September 9, it would expand the scale of long-term national debt repurchase operations, increasing the single repurchase limit from $2 billion to at least $4 billion. This move is seen by the market as providing more liquidity support to the long-term bond market, pushing risk assets to rise broadly.As a result of the news, the yield on U.S. 30-year Treasury bonds quickly fell, decreasing about 9 basis points from its nearly 20-year high to 5.19%. The U.S. Treasury stated that the expansion of the repurchase scale aims to meet the persistent investor demand in the long-term national debt market and enhance market liquidity.However, analysts pointed out that this repurchase does not reduce U.S. debt but rather adjusts the maturity structure of the national debt. As the U.S. government debt approaches $40 trillion, the market remains focused on fiscal pressure and the risks of rising interest expenditures.Bitfinex stated that although Bitcoin has rebounded recently, the upside potential is still limited by insufficient liquidity in stablecoins. Data shows that since May, the supply of stablecoins on exchanges has decreased by about $14 billion. Additionally, on-chain data indicates that the stablecoin supply ratio (SSR), which measures the relationship between Bitcoin's market value and the total market value of stablecoins, has been rising recently, from 9.82 on June 30 to 11.69, indicating that the market liquidity environment remains tight.Analysts believe that the improved expectations for U.S. fiscal liquidity may provide short-term support for Bitcoin and risk assets, but the lack of significant inflows of stablecoin funds means that further increases will still require more capital confirmation.

According to SK Hynix's announcement on August 19, SK Hynix has decided to repurchase 24.07 million shares of common stock through the open market, with an expected repurchase amount of approximately 40.0043 trillion Korean won (about 28.57 billion USD). SK Hynix stated that this repurchase aims to enhance shareholder value by canceling treasury shares.It is reported that Gate has earlier launched perpetual contracts for SKHYNIX stock and trading for SK Hynix (000660) on the Korean stock market.

SK Hynix will implement a share buyback and cancellation plan worth 40 trillion won (approximately 28.5 billion USD) starting from August 20, repurchasing about 24.07 million shares, which accounts for approximately 3.3% of the total outstanding shares. Based on the previous day's closing price of 1.662 million won per share, this represents about 58% of its net cash of 69 trillion won as of the end of the second quarter. The buyback will last for about three months, and all repurchased shares will be completely canceled. This is also the largest stock cancellation plan ever by a listed company in South Korea.According to the shareholder return policy previously disclosed by the company, SK Hynix plans to use more than 50% of the cumulative free cash flow from 2025 to 2027 for returns, implementing buybacks and cash dividends concurrently, and is studying the expansion of the dividend plan. The company stated that this early buyback is based on the judgment that "the stock price is below intrinsic value" to achieve efficient capital reallocation. Specific additional return plans, including dividends and stock buybacks, will be announced after a board resolution during the third quarter earnings release.

According to Yahoo Finance, SkyBridge Capital founder Anthony Scaramucci stated in a CNBC interview that the current narrow fluctuations in Bitcoin are due to three factors: miners shifting resources to AI, capital flowing into AI investments, and the position of cryptocurrency in the four-year market cycle.He still expects Bitcoin to rise to $100,000, but the next catalyst may take 20 months to arrive. He pointed out that Bitcoin is in a "clear bear market," but the current decline is only about 55%, far lower than the previous cycles' 75%-80%, which is actually a positive signal—indicating that there are many net buyers preparing for the next bull market. Over the past three months, Bitcoin has only outperformed the S&P 500 on about one-third of trading days, but on Monday and Tuesday of this week, it outperformed the major U.S. stock indices for two consecutive days.

According to DeFiLlama data, the top three centralized exchange (CEX) net inflows in the past 24 hours are: Binance ($234 million), Bybit ($51.55 million), and Bitget ($17.56 million).