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According to Protos, the latest disclosure from 21Shares' Polkadot ETF (TDOT) shows that in the second quarter of 2026, for every $1 in distribution income generated through the sale of DOT tokens to pay staking rewards, there was an accompanying realized loss of approximately $4.52.According to regulatory documents, TDOT sold 98,505 DOT in the second quarter, generating about $107,500 in cash to pay staking rewards to shareholders. However, due to a significant drop in DOT prices, these sales confirmed a loss of approximately $485,600.Data shows that DOT fell by about 34% in the second quarter of 2026, with a cumulative decline of 76% over the past 12 months as of June 30. Since TDOT shareholders receive distributions in USD rather than directly receiving DOT staking rewards, the fund needs to sell DOT to convert to cash payments, thereby locking in losses in a low-price environment. In the second quarter, TDOT paid shareholders a cumulative distribution of approximately $0.14698 per share, but during the same period, the fund's share price dropped from $14.95 to $9.86, a decline of about 34%, and the staking rewards did not offset the losses caused by the decline in asset prices.

According to Bitcoin News, the Duquesne Family Office managed by Stanley Druckenmiller has exited its positions in Intel and Micron Technology, and has established new positions in four publicly traded Bitcoin mining companies: Bitdeer Technologies, Riot Platforms, Hut 8, and IREN.

According to Gate market data, U.S. stocks opened with the Dow down 0.3%, the S&P 500 index near flat, and the Nasdaq up 0.2%.Storage concept stocks rose, with Micron Technology up 3.6% and SanDisk up 4.5%. Alphabet rose 0.2%, and Berkshire continued to increase its holdings in Alphabet in the second quarter. Alibaba rose 1.6%, as the company sold its gaming business for $1.5 billion.

According to Coinglass data, in the past 24 hours, the total liquidation across the network was $143 million, with long positions liquidated at $58.9446 million and short positions liquidated at $83.7064 million. Among them, Bitcoin long positions were liquidated at $12.3801 million, Bitcoin short positions at $17.8852 million, Ethereum long positions at $9.9842 million, and Ethereum short positions at $16.1488 million.In addition, in the last 24 hours, a total of 55,635 people were liquidated globally, with the largest single liquidation occurring on Binance - BTCUSDT worth $2.9876 million.

The Hyperliquid Policy Center announced that it has submitted a joint comment letter to the U.S. Securities and Exchange Commission (SEC) with Douro Labs, supporting the proposal to repeal Regulation NMS Rule 611 (the "Trade-Through Rule") and calling on regulators to establish a clearer best execution regulatory framework for on-chain markets.The Hyperliquid Policy Center believes that the current trade-through rule is clearly incompatible with blockchain-native trading models, which are based on traditional securities market structures, and has proposed three recommendations: support the SEC in repealing the trade-through rule, the SEC should establish clear best execution guidance for on-chain trading, and the regulatory framework should adopt a principles-based approach and recognize independent price reference mechanisms.

According to Gate market data, the S&P 500 index futures and Nasdaq 100 index futures quickly gave back their gains.

According to QCP, the preliminary consumer confidence index for the University of Michigan in the U.S. dropped to 51 in August, and retail sales in July decreased by 0.6% month-on-month. Coupled with previous weak employment data, market expectations for the Federal Reserve's short-term tightening policy have decreased.Federal funds futures indicate that the probability of a 25 basis point rate hike in September is about 30%.

According to Coinglass data, if ETH falls below $1,803, the cumulative long liquidation intensity on major CEXs will reach $665 million. Conversely, if ETH breaks above $1,985, the cumulative short liquidation intensity on major CEXs will reach $533 million.

According to Coinglass data, if BTC falls below $60,291, the cumulative long liquidation intensity on major CEXs will reach $747 million. Conversely, if BTC breaks above $66,271, the cumulative short liquidation intensity on major CEXs will reach $643 million.

According to the official announcement, the Hyperliquid HIP-3 market's open interest (OI) has reached a historic high of $4.3 billion.In addition, Hyperliquid stated that it will expand the HIP-1 specification based on community feedback and has added relevant features for HIP-4; the non-validator nodes of the Hyper Foundation are now open to high-quality infrastructure providers and can serve as reliable peer nodes. Regarding HyperEVM and HyperCore, Buoy Finance has deployed a vault system for HyperCore trading through the HyperEVM customized vault.

The decentralized AI infrastructure project DGrid AI announced today that the $DGAI token airdrop claim channel officially launched on August 17, 2026, and the claim window will remain open until August 22 at 16:00. Eligible users can check their airdrop eligibility, select a claim option, and bind their exchange accounts through the official platform. Tokens will be directly distributed to the bound accounts on the day of the TGE.According to previous news, DGrid AI has completed a $5 million seed round financing, and its Genesis plan is expected to exceed $23 million in revenue in the first half of 2026.

According to Caixin, Yushu Technology has not yet officially gone public, but trading around this popular new stock has already begun in advance. On second-hand trading platforms like Xianyu, there are multiple pieces of information regarding the acquisition and sale of Yushu Technology's new stock subscription rights. Currently, several intermediaries are acquiring this new stock through various channels, with significant discrepancies in pricing. Some intermediaries are offering 520 yuan/share (the issue price is 150.8 yuan/share), while others are quoting 410 yuan/share. Among some investors and intermediary groups, this type of trading is also referred to as "dark trading."At present, this trading remains a very small-scale activity. Many market participants, including brokers and public funds, have stated that they had not heard of any so-called "dark trading" related to new stock subscriptions on the Sci-Tech Innovation Board before. Its sudden emergence may be related to Yushu Technology's extremely low subscription rate and high expectations for listing gains. The recent private acquisitions of new stocks in the A-share market are based on informal verbal agreements and are not legally protected.

According to Gate market data, the S&P 500 E-Mini futures rose by 0.18%, the Nasdaq 100 futures increased by 0.54%, and the Dow futures fell by 0.09%.

Nasdaq-listed e-cigarette wholesaler Greenlane Holdings shifted to a corporate crypto treasury strategy by the end of 2025, focusing on the Berachain native token BERA instead of Bitcoin, and emulating the Strategy (formerly MicroStrategy) model to accumulate a single asset through equity and debt financing, disclosing per-share assets. In October 2025, it completed approximately $110.7 million in private placement for the "BERA Strategy." By the end of 2025, it held 51.6 million BERA (costing about $58 million, with a market value of about $36.6 million), and continued to increase its holdings to 81.3 million in the first half of 2026, with a total cost of about $70 million.The second-quarter report disclosed on August 14, 2026, showed a net loss of $24.8 million, of which about $19.1 million came from non-cash impairment of BERA; cash and equivalents fell to $6.1 million, with an additional approximately $8.1 million in aUSDC and sUSDe reserves, and current liabilities of $6.5 million. As of June 30, the fair value of BERA holdings was approximately $16 million, down about 77% from cost in less than a year. The traditional e-cigarette business has shrunk to a nearly revenue-free agency model, and Proof of Liquidity staking returns are insufficient to offset treasury losses.In March 2026, Nasdaq issued a delisting decision due to minimum bid price, the company appealed and regained compliance on April 27 after implementing a 1-for-8 reverse stock split in April. Additionally, there is a Nasdaq minimum listing security market value of $5 million.

The AQAv2 stablecoin model protocol of Hyperliquid has previously received support from 19 out of 26 validators, and the relevant mechanism is expected to officially start accruing yields on August 26. Meanwhile, Circle has transferred approximately $4.4 billion USDC to Coinbase via the AQAv2 mechanism on HyperEVM, setting a record for the largest single USDC transfer on HyperEVM.If everything proceeds as planned, the yields generated by AQAv2 will begin accruing on August 26, with the first payment expected to enter the Assistance Fund on October 3. AQAv2 (Aligned Quote Asset v2) is a stablecoin mechanism announced by Hyperliquid in May this year, allowing stablecoins, including USDC, which are not exclusively issued by Hyperliquid, to qualify as "Aligned." According to public information, most of the stablecoin yields from AQAv2 will be returned to the Hyperliquid ecosystem, with 90% of the yields allocated to the relevant mechanism, and subsequently, 100% used for the buyback and destruction of HYPE tokens.Coinbase has been designated as the fund deployment party, while Circle is responsible for technical deployment, and both parties will also stake HYPE to participate in the mechanism. The mechanism previously required stablecoins to be exclusive assets of Hyperliquid, but AQAv2 has removed this restriction and will focus on the HIP-4 standardized market and the perpetual contract market operated by validators. According to relevant public disclosures, AQAv2 is expected to generate up to approximately $200 million in revenue and further enhance token value capture through the HYPE buyback and destruction mechanism.

Duquesne's 13F holdings report for the second quarter of 2026 submitted to the U.S. Securities and Exchange Commission (SEC) shows that as of June 30, Duquesne disclosed for the first time holding shares of HYPE Treasury Company Hyperliquid Strategies Inc (NASDAQ: PURR) valued at $23 million.Previous information indicated that Federal Reserve Chairman Waller had served at the Duquesne family office; prior to his appointment, the main asset size exceeded $100 million, which included two investments related to the Duquesne Family Office exceeding $50 million each, or related to his consulting work for that family office.

According to Coinglass data, the current whale holdings on the Hyperliquid platform amount to $5.401 billion, with long positions totaling $2.642 billion, accounting for 48.93% of the holdings, and short positions totaling $2.758 billion, accounting for 51.07%. The profit and loss for long positions is -$92.3069 million, while the profit and loss for short positions is $15.5249 million.Among them, the whale address 0xff84..1d has shorted BTC with a 40x leverage at a price of $63,581.5, currently showing an unrealized profit and loss of $967,100.

According to CryptoSlate, Nasdaq-listed GD Culture Group disclosed in its financial report for the first half of 2026 that the fair value of its 7,500 BTC (original cost of $842 million) had decreased to $451.2 million as of June 30, resulting in a non-cash unrealized loss of $211.8 million, accounting for 97.9% of the company's net loss of $216.2 million for the first half of the year.It is worth noting that the company did not sell its core BTC reserves but maintained liquidity through large-scale equity financing—after a 1:250 reverse stock split adjustment, the number of shares outstanding surged from 229,000 at the beginning of the year to 4.1625 million, an increase of 18 times, of which 99.65% was cash issuance. The company raised approximately $47.5 million through ATM placements and targeted placements, and as of June 30, the book operating capital was $36.6 million. Management stated that the existing liquidity is sufficient to cover operational obligations for at least the next 12 months.