according to on-chain analyst Ai Yi (@ai_9684xtpa) monitoring, there are already 13.35 billion tokens in the WLFI Lockbox contract, worth $3.5 billion. Although WLFI has fallen 52.5% from its high point, based on the current contract price of $0.2615, the book return rate of the first round of public offering investors is still 16.43 times, and the second round is still 4.23 times.
the Financial Services Agency of Japan has proposed a series of tax reform plans for 2026, aimed at comprehensively adjusting the current cryptocurrency tax framework. The core content of the reform includes two aspects: first, changing the current comprehensive tax system (when cryptocurrency income is combined with salary income for taxation, the highest tax rate can reach 55%) to a separate fixed tax rate system, with a tax rate of about 20%; second, introducing a "three-year loss carryforward" mechanism similar to stock market rules (i.e. losses can be offset against taxable income in the next three years).
On August 27th, Hong Kong Web3 media Techub News reached a strategic cooperation with South Korean blockchain media TOKENPOST. TOKENPOST will open a Hong Kong content section, providing localized industry information by Techub News; at the same time, Techub News will launch a South Korean content column, with content supported by TOKENPOST. This cooperation aims to break information barriers and provide more comprehensive and timely blockchain industry dynamics and market insights for readers in both regions. In the future, the two parties will engage in more in-depth cooperation discussions in industry conferences, investments, content, and other aspects.
On August 27th, Solana Virtual Machine (SVM) Solayer announced the launch of a cross-chain bridge sBridge with a dedicated SVM semantics. SOON and Sonic both support sBridge. sBridge directly connects Solana to InfiniSVM and other SVM chains, enabling seamless real-time liquidity and asset transfers without the need for EVM detours.
according to Cointelegraph, U.S. prosecutors have appealed the sentence of the co-founders of the cryptocurrency mining service company HashFlare. Prosecutors believe that HashFlare co-founders Sergei Potapenko and Ivan Turõgin should be sentenced to 10 years in prison, and have appealed the decision.
according to Ark Invest Tracker, ArkInvest reduced its holdings of 1952 shares of Coinbase stock yesterday, calculated at a closing price of $308.48 per COIN, worth approximately $602,000.
according to on-chain analyst OnchainLens (@OnchainLens), a certain whale address once again withdrew 20 million DOGE from Binance, worth about $4.43 million. Currently, this whale holds 52.9 million DOGE, worth about $11.71 million.
a survey conducted by the UK insurance company Aviva showed that 27% of UK adults are willing to include cryptocurrency in their personal retirement plans. The survey shows that among those interested, over 40% are driven by the prospect of high returns, and another 23% would consider withdrawing part of their pension for cryptocurrency investments.
Martin, Deputy Governor of the Swiss National Bank, stated that the Swiss National Bank does not manipulate the Swiss franc. Maintaining independence is crucial. Bitcoin does not meet our standards for assets. (Jinshi)
since the launch of XRP futures by CME Group, it took only a little over three months for the open interest to exceed $1 billion, surpassing the speed of Solana futures. Currently, the total nominal open interest of CME Group's cryptocurrency futures product portfolio has exceeded $30 billion.
according to Onchain Lens monitoring, a newly created wallet deposited 2.59 million USDC into HyperLiquid and opened a long position for XPL with 1x leverage.
James Check, chief analyst at Glassnode, said that the market cycle of Bitcoin is not anchored as commonly believed in the halving event, but is driven by other factors that alternate between bull and bear markets. "In my opinion, Bitcoin has gone through three cycles, but they are not centered around the halving event." Check said on Wednesday that he was referring to the event of reducing mining rewards every four years in the blockchain. He pointed out that the market cycle actually operates around "adoption trends and market structure", with the market peak in 2017 and the bottom in 2022 being key turning points. Check divided the first three cycles into: "Adoption Cycle" (2011 to 2018), driven by early adoption by retail investors; "Growth Period Cycle" (2018 to 2022), driven by "wild west-style boom and bust with high leverage"; "Mature Cycle" (2022 to present), driven by "institutional maturity and stability". He said: "The situation changed after the bear market in 2022, those who assume history will repeat itself may miss the real signals because they are focused on historical noise."
according to The Block, Nasdaq-listed medical service company KindlyMD announced on Tuesday that it has submitted a shelf registration statement, planning to issue up to $5 billion worth of shares on the market. The company stated that the net proceeds will be used to support general corporate purposes, including expanding its Bitcoin treasury.
according to the on-chain analysis platform Lookonchain (@lookonchain), due to the manipulation of the XPL price on Hyperliquid by a giant whale, a trader's XPL short position was completely liquidated, resulting in a loss of $4.59 million.