Odaily News – Andrew Park, CEO of Factblock and organizer of Korea Blockchain Week, stated that Korea's crypto market is shifting from retail-trading-driven dynamics toward institutional digital finance. The focus of global financial institutions and enterprises has moved from tokens, exchanges, and prices to custody, tokenization, stablecoins, payment and settlement infrastructure, and regulatory compliance.

The Financial Services Commission of Korea has proposed a framework to open corporate virtual asset accounts to approximately 3,500 listed companies and registered professional investors. The National Assembly has officially passed amendments to the Electronic Securities Act and the Capital Markets Act, bringing tokenized real-world assets and security tokens under a unified legal framework.

The Bank of Korea has completed the initial trial of Project Hangang, a real-world deposit token initiative, and plans to conduct second-phase institutional testing in late 2026. Related technical experiments have used wholesale deposit tokens to enable AI agents to execute automated conditional transactions. (Bitcoin.com News)

Odaily Planet Daily News: Space computing startup Starcloud has announced the completion of a $250 million new funding round, led by Manhattan West Ventures, with participation from NVIDIA, Cisco, Benchmark, EQT, and other institutions. NVIDIA invested approximately $25 million in this round. The new funds will be used to expand satellite manufacturing facilities and advance the development of the next-generation orbital data center satellite, Starcloud-3.

Starcloud revealed that the company has deployed NVIDIA H100 data center GPUs in orbit and completed model training based on these GPUs. Currently, most space computing projects utilize edge computing chips, while Starcloud is collaborating with NVIDIA to provide test data for the future Vera Rubin Space-1 GPU, which is specifically designed for space environments. Starcloud CEO Philip Johnston has also previously stated plans to mine Bitcoin in space. (TechCrunch)

Odaily News: On-chain analyst Ai Yi posted on X platform that the Binance futures live trading account "Jiujiu Jin" ranks first on the 24-hour, 7-day, and 30-day loss leaderboards. The account previously held 250 BTC short positions with an average entry price of $63,592, and closed them at an average price of $77,758.91 this morning at 08:15, incurring a loss of $3.46 million. In the Square, the account mentioned two mistakes: buying spot at $58,000, clearing positions at $64,000 and missing the subsequent rally; and placing orders when it was not suitable to chase shorts, without setting a reasonable stop-loss price.

Odaily News According to the official announcement, Gate will launch Bitway (BTW) spot trading on August 24 at 15:00 (UTC+8), and will list Bitway (BTW) on the FlashSwap platform at 16:00 (UTC+8). The 342nd Bitway (BTW) HODLer Airdrop event is now open and will end on August 24 at 14:00 (UTC+8). Users holding 1 GT can participate for free to claim the airdrop and share 62,743 BTW. The HODLer Airdrop VIP user benefits have been fully upgraded, with participation limits lifted to an unlimited amount for top-tier users.

Odaily News: Recently, long-term government bond yields in major global economies have continued to rise, intensifying selling pressure in the bond market. Meanwhile, China's bond market and exchange rate have remained relatively stable, with panda bond issuance reaching a historic high for the same period. Data shows that as of August 21, the cumulative issuance of panda bonds in 2026 reached RMB 209.975 billion, a year-on-year increase of over 73%. Against the backdrop of severe volatility in the global bond market, international institutions increasing their onshore RMB financing has drawn attention. Industry insiders noted: "We are in a completely different economic and monetary cycle compared to overseas markets. Foreign capital accounts for only about 5%-8% of China's bond market, with domestic capital holding absolute pricing power. Coupled with our monetary policy that prioritizes domestic conditions, overseas shocks cannot reverse the overall trend of the domestic bond market."

Looking ahead, industry insiders believe that overseas bond yields are likely to remain highly volatile, highlighting the allocation value of RMB bonds, which may attract continued inflows from foreign investors in the medium to long term. However, it should also be noted that rising U.S. Treasury yields have raised the return threshold for global allocation funds, which could somewhat disrupt overseas institutions' willingness to increase their holdings of RMB bonds. Additionally, the rapid rise in bond yields of developed overseas economies may also constrain valuations of domestic risk assets. (CCTV Finance)

Odaily News: CW8900 posted on X platform stating that the Bitcoin Inter-exchange Flow Pulse (IFP) indicator has flashed a bullish signal, indicating that the volume of Bitcoin flowing into derivatives exchanges is increasing and leveraged investing is becoming active again. This signal suggests that upward pressure on derivatives exchanges is rising, and leverage-driven upward pressure has resumed; following the end of the adjustment phase that has persisted since July, the rebound is recovering.

Odaily News: In the second quarter, trading revenue at three listed crypto exchanges—Coinbase, Bullish, and Gemini—declined quarter-over-quarter. The gap between trading and non-trading revenue narrowed across all three platforms, with Coinbase's difference dropping from approximately $132 million to $44 million within a year.

Coinbase has expanded its product lineup in areas such as stablecoins and prediction markets, with average USDC holdings rising 44% year-over-year to $20 billion in the third quarter. Gemini has tripled the number of market makers in its prediction market since the start of the year, offering rebates to market makers and rewards to users.

Bullish has launched a new rewards program to support its trading business, with adjusted trading revenue down 21% quarter-over-quarter to $29.9 million in the second quarter, though up 24% year-over-year. Gemini's trading volume fell 66% year-over-year to $3.8 billion, while trading revenue declined by 38%. (Bitcoin.com News)

Odaily Planet Daily Report: According to Lookonchain monitoring, a whale has sold another 2,700 BTC, valued at $212 million. Over the past 3 days, this whale has sold a total of 7,700 BTC, worth $577 million.

Odaily News According to Al Arabiya TV, the Iraqi President stated: "We discussed with Iranian Parliament Speaker Qalibaf the issue of re-examining relations between Baghdad and Tehran. Currently, some vessels loaded with Iraqi oil have indeed been granted permission to pass through the Strait of Hormuz. Given the current situation, I believe the U.S. wants to reach a deal to end the war with Iran. I must say, we are the country most affected by the war, and the government is doing its utmost to avoid being drawn into it." (Jin Shi)

Odaily News: According to the latest Bitmine holding data, the treasury company holds a total of 5,815,164 ETH at an average cost of $3,366. Based on ETH's current price of $2,436, its total holdings now show unrealized losses narrowing to $5.408 billion, down from a peak of over $10 billion in unrealized losses.

Odaily reported that Arthur Hayes posted on X, stating that Flop Labs has not issued any tokens yet, and there is currently no presale or meme coin. He said he will provide updates when the airdrop begins in a few months and when the mainnet launches next year. There is currently no FLOP token.

Odaily reports that The Sandbox has officially confirmed and contained a vulnerability in the SAND cross-chain bridge. Through the exploit, attackers minted unbacked SAND on the Base and BSC networks, with the amount involved representing less than 0.01% of the total SAND supply. SAND on the Ethereum and Polygon networks is unaffected, and user wallets have not been compromised.

The Sandbox has currently suspended SAND cross-chain functionality on the Base and BSC networks and has isolated the affected SAND, making it temporarily untransferable or unredeemable. The official team reminds users to refrain from trading SAND on the aforementioned networks and states that a compensation plan for affected LP users is being formulated, with a full incident report to be published subsequently.

Odaily News: During Iraqi Parliament Speaker Mohammed al-Halbousi's visit to Iran, one of the most important requests Iraq made to Tehran was to grant special permits for Iraqi-owned oil tankers to pass through the Strait of Hormuz. This request had previously been submitted to Iran multiple times through various channels. Despite Iran facing severe military operations and the security situation in the Strait of Hormuz deteriorating significantly due to hostile U.S. actions, Iran ultimately decided to issue permits for some Iraqi oil tankers to pass through the Strait of Hormuz.

Odaily News: Duquesne Family Office founder Stanley Druckenmiller purchased 4.1 million shares of high-performance computing company Bitdeer Technologies Group (BTDR) in the second quarter, with a position value exceeding $64.7 million and an average purchase price of $12.26. The company produces cryptocurrency mining hardware and operates data centers in the United States and other regions.

Additionally, Druckenmiller bought 2.9 million shares of Hyperliquid Strategies (PURR), a digital asset treasury company in the HYPE sector, with a position value of $23.1 million, gaining indirect exposure to HYPE. Hyperliquid Strategies aims to provide U.S. and institutional investors with investment channels related to the HYPE token.

Druckenmiller's moves are similar to concurrent increases in BTDR positions by Jane Street and Citadel, with Jane Street currently holding over $112 million worth of BTDR shares. BlackRock, State Street, and Citadel also increased their PURR holdings in the second quarter; HYPE previously hit an all-time high following related compliance progress news. (Bitcoin.com News)

1. Bitcoin spot ETFs saw a total net inflow of $307 million yesterday, marking five consecutive days of net inflows;

2. Ethereum spot ETFs saw a total net inflow of $185 million yesterday, marking five consecutive days of net inflows;

3. Trump: If we lose the midterm elections, I will be impeached;

4. Jiang Zhuo'er: 90% certain the bear market is over, and ETH may outperform BTC this cycle;

5. Bitdeer sold 265.6 BTC this week, maintaining zero holdings;

6. Canada: Will impose a 50% retaliatory tariff on the U.S.;

7. Bonk Guy: USELESS is experiencing its first real bull market, with leading indicators such as whale inflows and open interest growth;

8. Bitmart officially released the "Latest Announcement on Potential Restructuring and Business Recovery Plan": It plans to gradually resume partial business operations in an orderly manner, with the next update to be released by September 9 at the latest;

9. Grayscale: Proposed SEC rules could benefit ETH, SOL, and BNB;

10. Trump backs AI data centers, claiming they will create massive jobs and tax revenue;

11. Bitari filed an IPO application with Nasdaq, planning to raise $30 million.

Odaily News According to Onchain Lens monitoring, Smartestmoney.hl (0x082...ca88) holds 1.38 million HYPE long positions, valued at approximately $108.34 million, with a holding period of about 8 months and unrealized profits of $54.97 million; the entry price is $38.68, and the liquidation price is $61.67.