OKX market data shows that SOL has fallen below 200 USDT, currently trading at 199.99 USDT, a 24-hour drop of 1.66%. (This newsletter was generated with AI assistance)

OKX market data shows that BTC has fallen below 110,000 USDT, currently trading at 109,983.5 USDT, a 24-hour drop of 0.6%. (This newsletter was generated with AI assistance)

Stablecoin infrastructure company Paxos has submitted a proposal to launch USDH, a compliant stablecoin within the Hyperliquid ecosystem, in compliance with the GENIUS Act and MiCA regulatory standards. The announcement states that 95% of the interest generated by USDH reserves will be used to repurchase HYPE tokens and distribute them to users, validators, and partner agreements. The initiative is led by Paxos Labs, a newly established Paxos division, which has acquired Molecular Labs, the developer of Hyperliquid's foundational components LHYPE and WHLP. USDH will be deployed on the HyperEVM and HyperCore chains, aiming to attract institutional and mainstream fintech platforms by connecting to global banking channels and compliance systems. Paxos also stated that it will integrate HYPE into its brokerage infrastructure, which already provides crypto services for PayPal, Venmo, and MercadoLibre. According to DefiLlama data, Hyperliquid holds a 70% share of the decentralized perpetual futures market, with a trading volume of nearly $400 billion and revenue exceeding $106 million last month. (Cointelegraph)

According to the Japan Broadcasting Corporation (NHK), before the Liberal Democratic Party will decide on whether to hold an emergency presidential election on the 8th, Japanese Prime Minister Shigeru Ishiba has decided to resign from his post, citing his unwillingness to cause a split within the party. (Kim Ten)

MGBX spot market data shows that WLFI has risen above 0.25 USDT and is currently trading at 0.23 USDT, a 24-hour increase of over 33% and a cumulative increase of over 51%, with a circulating market capitalization exceeding US$5.8 billion. World Liberty Financial combines traditional finance with the openness of blockchain, striving to establish a simple financial model that bridges the gap between traditional banking and the digital future.

According to data from StrategicEthReserve, the treasury companies and institutions with significant changes in Ethereum holdings in the past 30 days are as follows: Bitmine Immersion Tech (BMNR) ranks first, currently holding 1.87 million ETH, worth approximately US$8 billion, and its holdings have increased by 124.1% in the past 30 days; SharpLink Gaming (SBET) ranks second, currently holding 837,000 ETH, worth approximately US$3.59 billion, and its holdings have increased by 60.4% in the past 30 days; The Ether Machine (ETHM) ranks third, currently holding 495,000 ETH, worth approximately US$2.12 billion, and its holdings have increased by 43.4% in the past 30 days; the Ethereum Foundation ranks fourth, holding 229,600 ETH, worth approximately US$984 million, and its holdings have decreased by 1.3% in the past 30 days; ETHZilla (ETHZ) ranks eighth, holding 102,200 ETH, worth approximately US$438 million, and its holdings have decreased by 1.3% in the past 30 days. The 30-day holdings increased by 24.4%; FG Nexus (FGNX) ranked fourteenth, holding 48,400 ETH, worth approximately US$207 million, and its holdings increased by 656.9% in the past 30 days.

WLFI's growth head suspects token manipulation by major holders and exchanges, investigating for potential market abuse. source: https://coincu.com/360535-wlfi-token-manipulation-exchange-probe

According to BlockBeats, Japanese Prime Minister Shigeru Ishiba has announced his resignation, citing concerns over potential division within the ruling Liberal Democratic Party. This decision comes just before the party is set to decide on holding a temporary presidential election. Ishiba is scheduled to hold a press conference at 5 p.m. UTC+8 to address his resignation.

Paxos has proposed a fully compliant USDH stablecoin for the Hyperliquid ecosystem, with most of its yield funneled into HYPE token buybacks. source: https://cointelegraph.com/news/paxos-proposes-usdh-stablecoin-for-hyperliquid?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Binance founder CZ wrote that AI companions are a rapidly growing field, and users are willing to pay for them. Let's bring them to the cryptocurrency space, or vice versa.

This issue reviews Strategy's DAT business-related content for your reference.

This week, 18 blockchain startups raised a total of $508.7 million. AlloyX Limited secured $350 million in a mergers and acquisitions (M&A) round from Solowin, the largest round of the week.

United States, Cryptocurrency, Federal Reserve, The wave of U.S. bankruptcies in 2025 and its profound impact on the economy and markets Golden Finance, In 2025, the U.S. economy is at a critical crossroads.

Recently, Morph, a public chain project under Bitget, announced the cancellation of its original plan to issue new tokens and instead directly adopt BGB (Bitget platform currency) as the public chain token.

On August 29, 2025, Foton Investment Holding issued RMB 500 million offshore bonds in Hong Kong (with a term of 2 years and a coupon rate of 2.62%). The token is named FTID TOKEN 001 (abbreviated as Fubi), marking a milestone in the digitization of state-owned enterprise bonds.

If decentralization dies once it becomes inconvenient, did it ever really exist?

Trump promised that his policies would revive the labor market. But there were other factors he failed to consider.

Do we ordinary retail investors have the opportunity to buy shares in these high-quality unlisted companies?

Professors from New York University and Columbia University debated the feasibility of Ethereum carrying trillions of real-world assets (RWA).

Meme, projects, project investment, which meme coins have the strongest "base"? Golden Finance, we aim to answer this question using on-chain data.