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The Southeast Asian cryptocurrency industry is expected to double its funding to $680 million by 2026, with Singapore taking the lead.Japan's Metaplanet faces shareholder backlash due to the executive stock incentive plan.

The American hamburger chain Steak 'n Shake stated on platform X that since it began accepting Bitcoin payments in May 2025, the company has achieved double-digit growth in same-store sales, with franchise same-store sales increasing by 19% this quarter. The company processes Bitcoin payments through the Lightning Network.Steak 'n Shake's Chief MAHA Officer Michael Boes stated at the Bitcoin 2026 conference that Bitcoin has become the core driving force behind the chain's business performance. Same-store sales grew by 11% quarter-over-quarter in the second quarter of 2025, accelerating to 15% in the third quarter, surpassing major competitors such as McDonald's, Taco Bell, and Domino's Pizza.When paying with Bitcoin, Steak 'n Shake can save about 50% on processing fees, as traditional credit card processors charge a fee of 2.5% to 3.5% per transaction. The company also incorporated $10 million in Bitcoin into its strategic reserves this January and had considered accepting other cryptocurrencies, but abandoned the plan after a vote on platform X showed users believed only Bitcoin was necessary.

According to CoinDesk, DoubleZero has integrated Kalshi's election and political prediction market data into its low-latency data platform DoubleZero Edge, providing real-time order book information for institutional and automated traders. This subscription data stream covers transactions, best bid and ask prices, and market depth aggregated by price, distributed through DoubleZero's contributor-driven fiber network built on Solana.DoubleZero co-founder Austin Federa stated that prediction markets are becoming a source of real-time information, but their value depends on the speed of action. If debates, court rulings, or breaking news change market direction within seconds, delayed snapshots become outdated. Placing Kalshi's real-time order book data for elections and politics on DoubleZero Edge can convert probabilities into machine-readable market data for professional traders and AI systems to consume and execute in real-time.This launch coincides with the acceleration of trading related to the U.S. midterm elections. According to data from the Anti-Corruption Data Collective, as of August 10, bets on the 2026 congressional elections on Kalshi, Polymarket, and Polymarket US have exceeded $133 million, surpassing the $92.4 million for the entire 2024 congressional election cycle. Kalshi is a federally regulated prediction market exchange, and the midterm elections on November 3 will determine control of Congress.

Licheng, Jingyuan Electronics, and Silergy all reported year-on-year and month-on-month revenue growth in August, with Licheng and Silergy setting new historical highs for two consecutive months. Licheng's consolidated revenue in August was 8.558 billion New Taiwan Dollars, a month-on-month increase of 3.48% and a year-on-year increase of 24.46%. After breaking the 8 billion mark for the first time in July and setting a historical high, August saw another record. The cumulative revenue for the first eight months reached 61.258 billion New Taiwan Dollars, a year-on-year increase of 30.83%. Jingyuan Electronics reported revenue of 4.08 billion New Taiwan Dollars in August, a month-on-month increase of 2.23% and a year-on-year increase of 31.58%. The cumulative revenue for the first eight months was 29.404 billion New Taiwan Dollars, a year-on-year increase of 35.53%. Silergy's revenue in August was 2.07 billion New Taiwan Dollars, with a month-on-month increase of nearly 3% and a year-on-year increase of nearly 29%. The cumulative revenue for the first eight months reached 15.26 billion New Taiwan Dollars, a year-on-year increase of over 20%.Licheng's main source of growth this year remains the rebound in demand for memory packaging and testing. Licheng previously anticipated that revenue in the third quarter would show single-digit quarter-on-quarter growth, with the fourth quarter having the potential to exceed the third quarter. The momentum for memory orders is expected to continue until the end of the year, with a positive market outlook at the beginning of next year. In addition to its core memory business, advanced packaging has become a key focus for the next phase of development. The panel-level packaging has already been adopted by American clients, and the production capacity of the P11 plant has been secured by clients, with plans to enter the mass production phase of integrated ASIC and HBM AI chips by mid-2027.Jingyuan Electronics has been actively expanding its high-end testing capacity in recent years, with AI-related products becoming an important driving force for its operations. The testing demand for AI GPUs, ASICs, and high-performance computing chips remains its main source of growth. Silergy pointed out that the demand for AI and high-speed interconnects is strong, including an increase in demand for high-performance computing chips such as CPUs, GPUs, ASICs, and AI accelerators. After completing the cleanroom construction at the newly acquired Hukou plant in February, Silergy began mass production in July, currently achieving 40% of the total capacity of the plant and gradually taking on new demand from overseas clients.

On September 2, TSMC Senior Vice President and Co-COO Dr. Wei-Chung Hou stated that the speed of change in AI demand far exceeds past industry experiences. Taking TSMC's equipment demand as an example, the estimated equipment needed for this year at the end of last year was calculated to be 1 times, but just one quarter later it increased to 1.5 times, and by July of this year, it had reached 1.9 times, with demand nearly doubling in just six months.Dr. Hou pointed out that the semiconductor industry has never faced such rapid changes in demand in the past 30 years. The entire industry needs to provide nearly double the original equipment, capacity, and resources in an extremely short time. TSMC is currently constructing 13 fabs in Taiwan and about 5 to 6 overseas, totaling nearly 20 fabs globally, with the scale of construction expanded to about 3 to 4 times that of the past, yet still unable to fully meet customer demand.He emphasized that in the AI era, the entire system or module needs to be optimized, and traditional collaborative models can no longer meet the demand. The supply chain must be restructured into a new cooperation model that is more closely integrated. The entire ecosystem is not yet prepared for such rapid growth, with equipment demand nearly doubling in six months, and almost no suppliers can completely avoid capacity constraints.

Qualcomm announced a double-digit increase in chip prices starting September 1, applicable to chips shipped after that date. Qualcomm informed customers in July that it could no longer absorb rising supplier costs. Qualcomm CEO Cristiano Amon stated in an interview with Reuters that they are simply passing on the significant cost increases they are facing.Apple continues to procure modem chips from Qualcomm for the iPhone 17 models while transitioning to self-developed modems. Qualcomm expects revenue from Apple to decline faster than previously anticipated, dropping about 50% from the September quarter to the December quarter, as supply constraints will reduce Qualcomm's component share in the iPhone 18 series. Qualcomm also provides mobile chips for manufacturers like Samsung, with price increases covering its product line and negotiating separately with customers.

According to the official webpage, the voting phase for the Solana double deflation proposal has ended, with a voter participation rate of 60.69%. Among the votes, 67% were in favor, the opposition rate was 25.16%, and the abstention rate was 7.84%, with the approval rate reaching the required 2/3 support threshold for passage. The proposal aims to reduce the inflation rate of SOL to about half of its original rate, increasing the deflation rate to 30%. Based on current estimates, this proposal will reduce the issuance of SOL by approximately 18.9 million over the next six years.In addition, the voting phase for the resource and fee inclusion proposal has ended, with a voter participation rate of 61.14%. Among the votes, 53.9% were in favor, the opposition rate was 18.92%, and the abstention rate was 27.18%, with the approval rate not reaching the required 2/3 support threshold for passage. This proposal suggests introducing a transaction fee mechanism based on resource consumption, charging fees according to the network resources consumed by transactions, which is expected to increase the daily burn rate of SOL from the current approximately 650 to between 7500 and 9000.

According to data from the Solana governance platform, the "SGP-0002 Double Deflation" proposal is currently in the voting stage, with about 12 hours left until the voting deadline. This proposal was initiated by Helius (HEL1...e2TU) and suggests increasing the deflation rate in Solana's inflation plan from the current -15% to -30% to accelerate the reduction of network inflation.The current voter participation rate is 47.29%, meeting the requirement of 1/3 of the quorum. The vote distribution is as follows: For: 140.6M SOL (68.58%), Against: 47.39M SOL (23.12%), Abstain: 17.01M SOL (8.3%). Among the main voting parties, validators such as Helius, Jupiter, and Staking Facilities voted in support, while Figment, Everstake, and P2P.org voted against.

The Block reported that Hyperliquid Strategies raised $647 million in equity capital and more than doubled its Hyperliquid native token treasury to 29.3 million HYPE, valued at approximately $1.9 billion at the end of the fiscal year, while maintaining $149.9 million in cash and no debt.The company stated that it has since deployed $773.4 million to acquire approximately 16.5 million additional HYPE at an average cost of $46.77, and spent $27.8 million to repurchase PURR shares, with $132.6 million in cash remaining as of August 19.

According to SolanaFloor, the Solana double deflation proposal reached quorum 27 hours before the voting ended, with a current participation rate of 33.84%, of which 25% voted in favor.If the proposal is approved, the Solana deflation rate will double to 30%, and it is expected to reduce the issuance of approximately 18.9 million SOL over six years, equivalent to about $1.47 billion at current prices.

According to data from The Block, the trading volume of centralized cryptocurrency exchanges (CEX) doubled within five days, rising from an annual low to over $37 billion, but still far below the peak of $105 billion reached after the massive liquidation event on October 10, 2025. CEX trading volume has reached $490 billion so far in August, down from $670 billion in July.The report points out that the rise of spot ETFs and digital asset treasuries may weigh on CEX trading volume, but demand for altcoins will still flow to CEX due to advantages in listing speed, trading pair depth, and tools for small and medium market cap tokens. Bitcoin and Ethereum rose over 23% and 30% respectively last week, while the market cap of altcoins (excluding BTC and ETH) increased by about 13% during the same period. The popularity of DEXs like Hyperliquid and Lighter is also diverting CEX trading volume.

On August 24, a portfolio manager at Fidelity International stated that the gold holdings of the fund he manages have doubled in the past three weeks, attributing this move to increased uncertainty surrounding Federal Reserve policy. After raising the gold allocation in the fund to his self-imposed limit of 5%, George Efstathopoulos mentioned that he would consider increasing this limit if the dollar's status as a safe-haven asset continues to decline. Following the Federal Reserve's July meeting, investors have been selling long-term government bonds, and it is against this backdrop that George began to increase his gold holdings."My understanding is that this is due to the Federal Reserve's lack of credibility and the intensification of policy uncertainty," George stated. He also noted that the U.S. Treasury unexpectedly increased its repurchase of long-term bonds, which seems more like "manipulating yields rather than addressing the fundamental reasons for why yields are rising." "Today, the focus on gold is no longer on the rise in yields themselves, but rather on why yields are rising."

Solana's double deflationary governance voting is now live. The related proposal aims to adjust the network's inflation arrangement by increasing the deflation rate to reduce the overall inflation pace.According to the introduction, the proposal plans to raise the deflation rate from the current -15% to -30%, thereby achieving a greater reduction in inflation. Voting has officially begun, and the community can participate in the related governance decisions.

According to Forbes, Bitcoin has rebounded strongly and surpassed $69,000, with $1.29 billion in short positions liquidated within about an hour. On the same day, the U.S. Treasury announced it would at least double the scale of long-term Treasury bond repurchases to $4 billion each time, to be executed from September 9 to November 4. Geoff Kendrick, head of digital asset research at Standard Chartered Bank, stated that investors should position themselves for Bitcoin to rise to $100,000 by the end of 2026, and noted that the Treasury's measures are "exactly the type favored by Bitcoin."Standard Chartered had previously lowered its year-end target from $150,000 to $100,000 and postponed its $500,000 expectation from 2028 to 2030. Bitcoin ETFs recorded a net inflow of $298 million, reversing three consecutive days of outflows. The Federal Reserve's meeting minutes were hawkish, keeping interest rates at 3.50%-3.75%, with three members advocating for rate hikes due to concerns that AI could drive inflation. Kendrick pointed out that $65,500 needs to be maintained to confirm the bottom.

The U.S. Department of the Treasury has announced that it will at least double the scale of liquidity support repurchase operations for long-term nominal coupon securities, involving two maturity ranges: 10 to 20 years and 20 to 30 years.Currently, the maximum scale for each operation is $2 billion, and in the future, the scale for each operation will be raised to at least $4 billion. The adjustment will take effect on September 9, 2026, and will be implemented for the remainder of this refinancing quarter (until November 4, 2026). The Treasury will provide more information about future repurchase scales at the next quarterly refinancing meeting scheduled for November 4, 2026.This expansion of the repurchase operation scale reflects the Treasury's desire to provide stronger liquidity support for the long-term nominal Treasury market. The Treasury will announce updated temporary Treasury repurchase arrangements later.

Cerebras released its fourth-generation AI inference system CS-4 this week, based on the same 5nm WSE-3 wafer, achieving double the performance by doubling the clock frequency and power consumption. A single CS-4 cabinet accommodates 3 wafers (CS-3 has 2), featuring a modular "backpack" design that simplifies manufacturing and deployment, with a TDP of approximately 125 to 135kW. The CS-4 can provide an inference speed of nearly 4000 tokens/second/user, about twice that of the CS-3, and supports decomposed inference with heterogeneous systems such as AMD and AWS Trainium.Cerebras claims that the CS-4 offers about 2000 times the on-chip memory bandwidth of NVIDIA's Rubin (43PB/s), but the 44GB SRAM capacity remains unchanged, and long-context inference still requires multi-wafer stacking. For example, with the DeepSeek V4 Pro (1.6T parameters), approximately 20 systems are needed for a 1M context window, and about 40 systems are required for 256 concurrent users, corresponding to a CAPEX exceeding 20 million USD. Cerebras is collaborating with clients such as OpenAI and plans to achieve approximately double performance improvements each year, aiming for a 20-fold throughput increase by 2027. The "backpack" cabinet design of the CS-4 will continue into the next-generation "Nexus" platform.