Author: Deep Tide TechFlow
Market dynamics yesterday.
Basant: Will submit 3-4 candidates for Federal Reserve Chair to Trump, decision will definitely be announced in the fall.
According to Jinshi Data, U.S. Treasury Secretary Basant stated that regarding the Federal Reserve Chair matter, he will communicate with candidates and will submit 3 to 4 candidates for the Federal Reserve Chair to Trump, who will definitely announce his decision on the Federal Reserve Chair selection in the fall.
U.S. Secretary of Commerce: Economic data will be released on the blockchain.
According to Decrypt, U.S. Secretary of Commerce Howard Lutnick announced on Tuesday that the department will begin publishing economic data on the blockchain, including statistics like GDP. Lutnick stated at a cabinet meeting that this initiative is the latest action by the Trump administration to support the cryptocurrency industry and plans to extend this initiative to 'the entire government.'
It is worth noting that Lutnick did not specify which blockchain network will be used, nor did he elaborate on how this move will enhance government operational efficiency. Lutnick himself has close ties to the crypto industry, with his Wall Street company Cantor Fitzgerald engaged in business with stablecoin issuer Tether and is exploring a multi-billion dollar Bitcoin acquisition plan.
The Hong Kong Digital Asset Listing Company Federation announced its establishment today.
The Hong Kong Digital Asset Listing Company Federation (HKVALA) held its founding conference today in West Kowloon, Hong Kong, attended by government officials and legislative council members. Beijing North has represented the A-share market as a financial technology company and serves as the vice president unit of the federation.
Google Cloud announces information about its L1 blockchain GCUL.
According to official page information, Google Cloud announced information related to its L1 blockchain Google Cloud Universal Ledger (GCUL) and opened a waitlist. Google Cloud stated that GCUL can provide experiences for digital asset issuance, management, and settlement. Its atomic settlement feature reduces risks and enhances liquidity. It is exploring how to transfer value through secure trading mediums, which are backed by assets under bankruptcy protection and provided by regulatory agencies, such as central bank deposits or money market funds.
Hyperliquid announced an optimization of the marking price calculation method to enhance system robustness.
Hyperliquid officially announced, 'Based on user feedback, Hyperliquid contract marking prices will use a conventional marking price formula, combined with prices of external perpetual contracts (if any) before going live. This does not significantly affect the vast majority of users and instances but can improve system robustness. It should be clarified that this will not affect funding rates or realized gains and losses.'
It is reported that Hyperliquid experienced multiple price spike incidents on August 27.
Aave Labs launches the Horizon platform, supporting institutional users to borrow stablecoins against tokenized assets.
According to CoinDesk, decentralized lending protocol Aave Labs has launched a new platform, Horizon, aimed at institutional users, allowing them to use tokenized real-world assets (RWA) as collateral to borrow stablecoins.
Users can borrow stablecoins such as USDC, RLUSD, and GHO through the platform, with acceptable collateral including short-term U.S. Treasury bonds and cryptocurrency arbitrage funds from Superstate, Circle yield funds, and tokenized Janus Henderson products from Centrifuge.
The platform operates on the decentralized lending protocol Aave V3, with Chainlink's oracle service providing real-time pricing data. Well-known institutions like VanEck and WisdomTree have become the first partners.
MANTRA announces an additional $25 million for the repurchase of OM, approximately repurchasing 10% of the circulating supply.
According to official news from MANTRA, the blockchain project MANTRA announced the launch of the first round of strategic OM token repurchase plan, committing to invest at least $25 million. Combined with the previous $20 million investment from Inveniam, the total committed funds reach $45 million.
The repurchase plan will be executed by MANTRA AG, which will transparently repurchase at prices close to market prices through multiple centralized exchanges over the course of several months. The repurchased OM tokens will be withdrawn as ERC20 tokens from the exchanges, and then migrated to the MANTRA mainnet and staked to validator nodes.
The announcement states that, at current prices, the repurchase plan involves approximately 110 million OM tokens, accounting for about 10% of the circulating supply.
CoinW's 8th anniversary is approaching, founder Gary's internal letter looks to the future, full-stack integration upgrade completed.
According to exclusive media reports, the globally leading digital asset trading platform CoinW is about to celebrate its eighth anniversary. Founder Gary recently reviewed the platform's development in an internal letter and proposed future strategic focuses, stating that since its establishment in 2017, CoinW has always adhered to 'allowing every user to trade freely in trust and step into the future in safety,' committed to building a digital asset platform trusted by global users.
This year's CoinW eighth anniversary theme is 'Trot On To Infinity,' highlighting the long-termism concept in the crypto industry. Gary emphasized the vision of 'future financial access' in his letter, stating that the platform will continue to focus on technological innovation, global layout, and security assurance.
Currently, CoinW services cover over 200 countries and regions, with over 15 million registered users. The platform recently completed a full-stack integration upgrade, integrating trading matching, risk control security, compliance systems, and liquidity management, and invested in incubating ecosystem products like DeriW, PropW, and GemW, creating a full-scenario trading ecosystem and opening up future trading channels.
NVIDIA's Q2 FY2026 financial report: achieved revenue of $46.743 billion.
According to official announcement, NVIDIA (NASDAQ: NVDA) released its Q2 FY2026 financial report: revenue of $46.743 billion, a quarter-over-quarter increase of 6%, and a year-over-year increase of 56%;
Data center revenue reached $41.1 billion, a year-on-year increase of 56%; gaming business revenue reached $4.3 billion, a year-on-year increase of 49%;
Gross margin of 72.4% (GAAP) and 72.7% (non-GAAP); earnings per share of $1.08 (GAAP) and $1.05 (non-GAAP). The company expects revenue of $54 billion next quarter (with a fluctuation of 2%), and a gross margin of 73.3%-73.5%.
Business highlights include: Blackwell data center revenue increased by 17% quarter-over-quarter, GeForce RTX 5060 became the fastest-growing x60 series GPU, professional visualization revenue reached $601 million, a year-on-year increase of 32%, and automotive business revenue reached $586 million, a year-on-year increase of 69%.
The company is collaborating with multiple European countries to build AI infrastructure, launching NVFP4 format optimized large language model training, with RTX PRO 6000 Blackwell server version GPUs adopted by companies like Disney and Foxconn.
In terms of shareholder returns, $24.3 billion was returned to shareholders in the first half of FY2026, and the board approved an additional $60 billion stock repurchase authorization, with a dividend of $0.01 per share to be distributed on October 2.
It is worth noting that there were no sales of H20 products to Chinese customers in the second quarter, but $180 million was released from previously reserved H20 inventory for sales of approximately $650 million of non-restricted H20 products to customers outside of China.
Details of the new SOL treasury company 'Solana Co': Summer Capital and Avenir Group participate in a joint launch.
According to The Information, the new SOL treasury company 'Solana Co' is jointly launched by Pantera Capital, Summer Capital, and two Asian strategic partners from Avenir Group.
Summer Capital was founded in 2017 and is one of the earliest licensed financial institutions in Asia to participate in digital asset investment, with a portfolio that includes Hashkey, Immutable, Upbit, and Animoca.
Avenir Group, founded by Li Lin, is a new investment group with a global perspective, focusing on investments in financial innovation and cutting-edge technology, with operations in the United States, the United Kingdom, Japan, Singapore, and Hong Kong.
Yesterday's news, Pantera Capital is raising $1.25 billion to acquire a public company and transform it into a SOL treasury company.
Metaplanet plans to raise over $800 million, with 95% of the funds used to increase Bitcoin holdings.
According to Metaplanet's announcement, the company plans to issue no more than 555 million shares of common stock in overseas markets, expecting a net fundraising amount of 130.334 billion yen (approximately 8.87 billion USD).
The announcement shows that approximately 123.818 billion yen of the funds raised will be used to purchase Bitcoin, and 6.516 billion yen will be used for Bitcoin yield-generating business.
Market dynamics.
Recommended reading.
Detailed explanation of AAVE V4 upgrade: reshaping lending with modularity, can the old coins welcome another spring?
This article mainly introduces the AAVE V4 upgrade, which introduces a 'Unified Liquidity Layer' to address liquidity fragmentation and customization needs through a Hub-Spoke model. The dynamic risk premium mechanism adjusts interest rates based on collateral quality and market liquidity, enhancing the protocol's security and fairness. AAVE's modular architecture, cross-chain expansion, and RWA integration promote the development of the DeFi market, showcasing future potential.
The secret of mNAV premium: How Ethereum becomes a corporate 'wealth creation machine'?
This article discusses whether Ethereum can replicate the success achieved by Strategy Company through Bitcoin treasury strategies. The article analyzes Ethereum's potential advantages, including higher return rates, innovation-driven approaches, and staking returns, and elaborates on the importance of the mNAV (market net asset value) metric in corporate treasury strategies. Furthermore, the article examines the execution power, financing models, and differences from Bitcoin treasury strategies, indicating that Ethereum may become a sustainable choice for corporate treasuries but must avoid the risk of a 'death spiral.'
Review of Monad Card event: an 'anti-involution' experiment aimed at crypto Twitter.
This article is a review of the Monad Card event, where decentralized nominations promote fair beginnings, and cultural equity in the crypto field is key to future success. The article explores how the Monad project reduces bias through decentralized mechanisms, enhances user participation, and lays the foundation for future development.
How are stablecoins 'minted'? Decoding the 'Mint as a Service' model.
This article mainly discusses that the minting mechanism of stablecoins is an important infrastructure for cross-border payments, supporting the minting and destruction processes, and maintaining a peg to fiat currencies through reserve assets. The minting-as-a-service model reduces the costs of global deployment and is a breakthrough solution for the popularization of stablecoins. To achieve a global stablecoin strategy, issuers need to build domestic infrastructure, expand entry and exit channels, and establish competitive pricing models.
Coinbase Panorama Report: The status, risks, and valuation of the U.S. compliant trading leader.
This article provides a detailed analysis of the company as the leading compliant crypto trading platform in the U.S., covering its business model, financial performance, competitive advantages, industry positioning, and future challenges, highlighting Coinbase's advantages in brand trust, compliant operations, and diversified revenue models, while facing challenges from market cycle fluctuations, regulatory uncertainties, and fierce competition.
