Odaily News: Bitwise CEO stated on the X platform that Bitwise will launch a first-of-its-kind new product type tomorrow, focused on serving onchain native users.
Odaily News: Sui announced on the X platform that it can now provide wallets to AI agents without exposing private keys to them. Squid Mode executes strategies outside the agent and splits each signature across independent validators, eliminating any single point of failure. This feature is built on @ikadotxyz's 2PC-MPC and is now live on Sui.
Odaily Odaily Planet Daily News According to on-chain analyst tracking, the wallet bowen1476 opened its 15th Bitcoin short position in 5 days on August 24, this time shorting 300 Bitcoin with 40x leverage, with a notional value of approximately $23 million. The previous 14 trades were all consecutive losses, with cumulative losses of $4.56 million.
The entry price for the wallet's new short position is approximately $77,100, when the Bitcoin price was around $77,500. If Bitcoin falls back below the entry price, the position will become profitable; since closing its short position of 700 Bitcoin in May 2026, the wallet has not yet closed any profitable positions.
Bitcoin has risen 22% over the past 7 days. During the rally, more than 172,000 short positions across the entire network were liquidated, with approximately $3 billion in short positions wiped out. The U.S. Treasury has increased the size of its long-term Treasury bond repurchase operations from $2 billion to $4 billion per operation. (Bitcoin.com News)
Odaily News: Bitcoin News stated on the X platform that Bitcoin mining company Bitari Inc. plans to sell 4.3 million shares at $7 per share, aiming to raise $30 million, with intentions to proceed with an IPO and list on the Nasdaq.
Odaily News: Brian Armstrong posted on X platform, stating that his team, together with x402 and @CoinbaseDev, has built a feature in Slack: users can ask questions to agents in Slack; if a complete answer requires paid services, the agent will directly purchase the service. This supports micro-payments only, not subscriptions, and the answer will be returned in the same message.
This way, everyone can get better and faster information without having to submit budget requests, fill out expense reports, or wait days for approval of expenses worth a few dollars.
Odaily reported that BitcoinTreasuries.NET stated that Strive's SATA is expected to raise enough funds today to purchase more than 130 Bitcoin, with 90 minutes remaining until the end of trading. Since SATA returned to par value, trading volume over the past three days has exceeded $125 million.
Odaily News: Bitcoin News posted on X platform, "The clock has started ticking," as US Treasury Secretary Scott Bessent will take measures against those conducting Bitcoin transactions with Iran. Scott Bessent issued a warning to global financial institutions that any entity assisting Iran in money laundering will be cut off from the dollar system. The new US sanctions target five key areas in which Iran operates overseas: digital assets, technology, gold, aviation, and shipping. Scott Bessent stated that these measures expand the scope of secondary sanctions risk, and any entity that continues to do business with the regime will face related risks.
Odaily News: According to HyperliquidNews monitoring, Hyperliquid has added the ONE spot trading pair, with ONE purchased for 593.99 HYPE, valued at $46,900.
Odaily Planet Daily News: Coinbase announced that its tokenized stocks have been natively launched on the Base chain, built on the B20 standard, with the underlying stocks actually held on a 1:1 basis by regulated custodian Alpaca through a bankruptcy-remote structure. Token holders directly own the corresponding stock ownership. Non-US users in globally compliant jurisdictions only need a wallet and an internet connection to gain US equity exposure without a brokerage account or waiting for settlement, and can trade in a 7×24 AMM pool. The first batch supports companies such as Apple and Nvidia. Tokenized stocks can be freely held, transferred, and traded, with no whitelisted wallets or platform lock-ups. Users can use tokenized Nvidia stock as collateral to borrow on Aave, or deposit Apple stock into a decentralized exchange to earn yield. Dividends and stock splits are handled through an on-chain multiplier mechanism. Ecosystem projects such as Aerodrome and Aave have publicly supported the B20 standard. Coinbase stated that more tokenized stocks will be listed in the coming weeks, and it will continue to bring other real-world assets on-chain.
Odaily News, according to Onchain Lens monitoring, a wallet allegedly associated with Multicoin Capital (0x76d...6045) transferred 106,100 HYPE tokens, worth approximately $8.41 million, to Coinbase Prime just minutes ago.
Odaily News: BitcoinTreasuries.NET posted on X platform that Strategy (MSTR), the bitcoin treasury company, has surpassed Microsoft (MSFT) and Meta (META) in trading volume, becoming the 10th most traded stock in the United States.
Odaily News: ZEC has surged over 70% in a single week and is currently holding around $844. The Zcash community plans to conduct a token-holder vote regarding the upcoming NU7 network upgrade, with a minimum participation threshold of 1 million ZEC. The snapshot is expected to take place at 19:00 UTC on the 24th, corresponding to a mainnet block height of approximately 3,459,350. Eligible assets must be spendable, shielded ZEC held in the Ironwood pool at the time of the snapshot. Voting will open on August 25 and close at 19:00 UTC on September 14. Supporting wallets include Zodl, Vizor, Zkool, and the Keystone hardware wallet. The vote will be conducted in a privacy-preserving manner, with only aggregated data published—no individual voting details will be disclosed.
Odaily News: Digital asset advocacy groups Crypto Council for Innovation (CCI) and the Blockchain Association (BA) have filed a lawsuit against Illinois officials, opposing the state's 0.2% cryptocurrency tax. The tax, expected to take effect in January 2027, is levied on transaction volume rather than income.
The two organizations filed the complaint in the Seventh Judicial Circuit Court of Sangamon County, arguing that the tax violates the U.S. Constitution, the Illinois Constitution, federal and state due process laws, and the Internet Tax Freedom Act, and could result in double taxation. The complaint also states that the tax rules are overly vague, placing compliance burdens on residents and brokers while exposing them to civil and criminal penalties.
Blockchain Association CEO Summer Mersinger stated that Illinois cannot implement a tax system that discriminates against digital commerce and increases uncertainty for consumers and businesses. The Digital Chamber filed a similar lawsuit in July over the same tax, claiming it discriminates against digital asset traders. (Cointelegraph)
Odaily News: Data center developer Lancium announced a partnership with NVIDIA (NVDA.O) to advance gigawatt-scale AI factory development within its over 15GW portfolio. (Jin10)
Odaily News: If liquidity conditions are met and trading is supported in the relevant regions, the BASECAT-USD and DRB-USD trading pairs will be available today.
Odaily News: Huang Licheng has opened long positions with rolling positions, adding $12 million in longs in the last 10 minutes. His Bitcoin long position is approximately $87.44 million, with unrealized gains of about $50,000, an entry price of $79,449.30, and a liquidation price of $72,419.26; his Ethereum long position is approximately $57.4 million, with unrealized gains of about $2.49 million, an entry price of $2,392.66, and a liquidation price of $2,159.41; his HYPE long position is approximately $19.39 million, with unrealized losses of about $80,000, an entry price of $79.46, and a liquidation price of $46.14; his PUMP long position is approximately $14.69 million, with unrealized losses of about $740,000.


