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Vitalik Buterin stated that the "killer application" of adversarial governance mechanism design theory may ultimately appear in the field of artificial intelligence safety. He believes there is a deep correspondence between governance mechanisms and artificial intelligence safety: both involve how "weaker principals" can achieve ideal outcomes from "stronger agents."In governance scenarios, the principal is a static algorithm, and the agent is a human; in artificial intelligence safety scenarios, the principal is humans and weaker large language models, while the agent is a stronger large language model. Vitalik pointed out that if the degree of collusion among agents can be limited, the system can achieve better outcomes, and this mechanism design conclusion may be transferable to the field of artificial intelligence safety.

AMC CEO Adam Aron once again criticized Robinhood's stock token business in a post, raising several questions to Robinhood CEO Vlad Tenev and Chief Legal Officer Dan Gallagher. Aron stated that stock tokens violate the fundamental concept of stock ownership and questioned why Robinhood continues to heavily promote stock tokens on its U.S. site when it cannot provide relevant products to U.S. users.Aron also questioned whether stock tokens might lead buyers to mistakenly believe they have the same rights as actual shareholders, as well as the 1:1 stock support mechanism: if some of the underlying real stocks used to support the stock tokens are simultaneously lent to short sellers, can the related tokens still be considered truly 1:1 supported? Aron further criticized Robinhood for conducting related business through a Jersey entity, stating that while stock tokens may represent innovation in Robinhood's view, in his view, "it will only bring shame to Robinhood."Yesterday, Robinhood co-founder Vlad Tenev published a lengthy article outlining Robinhood's vision of enabling global investors (especially non-U.S. users) to gain exposure to U.S. stocks and ETFs through blockchain, and he focused on the question of whether issuers need to agree to the tokenization of stocks.

Pump.fun announced the launch of the "Holder Reward" mechanism and the cancellation of the Cashback model. From now on, when token creators issue new coins, they can choose between the standard "Creator Fee" model and the "Holder Reward" model.In the Holder Reward model, the relevant fees will be transferred to the Pump.fun distribution wallet, and the platform will automatically conduct multiple proportional distributions every hour. Users with a holding value exceeding 20 USD will receive rewards, with more holdings resulting in more rewards. Rewards are paid in the quoted token of the trading pair; for example, tokens paired with SOL will distribute rewards in SOL.Existing Cashback and Creator Fee model tokens can apply to be converted into Holder Reward tokens, and the conversion cannot be reversed. The SOL and USDC trading pairs will continue to use a tiered fee rate that decreases as market value increases; custom trading pairs can set a fixed rate between 0.01% and 3%, which cannot be modified once determined.

The Central Bank of Russia and the Reserve Bank of India are collaborating to establish a mechanism for settling bilateral trade using digital currencies to improve the efficiency of cross-border payments. Russia has launched the digital ruble, and India's digital currency is also used for government projects.Both parties will discuss digital currency trade settlement with BRICS countries at the summit in New Delhi.

The TON Network DePIN project PinGo officially stated that regarding the recent security incident, the team has confirmed that this attack is related to the asynchronous execution mechanism of the TON blockchain. To further enhance the security of the protocol and prevent similar issues from occurring again, PinGo will upgrade the project contract.In addition, the PinGo team stated that they are currently communicating with relevant ecological partners and exchanges, and will promote exchanges to restore $PINGO deposit services as soon as possible. After the contract upgrade and necessary security checks are completed, the team will continue to disclose subsequent progress.

According to a report by AML Intelligence, the European Commission has passed an authorization bill to expand the "Central Contact Point" (CCP) framework to include Crypto Asset Service Providers (CASP), granting regulatory authorities in member states the power to require local contact persons to be designated by institutions such as cryptocurrency exchanges operating in their countries.This framework previously only applied to electronic money institutions and payment institutions. After the revision, it will include crypto service providers in the anti-money laundering and compliance regulatory network, allowing regulatory authorities to have a fixed contact window domestically and enhance information sharing and law enforcement collaboration.

Liquid Compute CEO Ronit Jain published an article introducing the hedging of computing power prices. Purchasing computing power, holding GPUs, or lending based on this has exposed them to computing power price fluctuations. Hedging is a cash-settled contract that locks in future prices against an index without the need to transfer GPUs.Companies can buy forwards to fix the cost of next year's capacity as a budget item while still being able to purchase from any supplier. Neocloud can sell forwards to convert uncontracted hours into fixed cash flow, making it easier for lenders to provide loans based on this. Regarding the residual value of sale-leaseback, recent forwards can be rolled over when entering a tradable range, or put options can be bought on forwards, with more liquid near-term options available to pay for the option premium.Hedging locks in prices rather than quantities, and does not completely match actual rates, nor is it free: it requires giving up favorable price movements or paying option premiums. Legally, it usually requires signing an ISDA Master Agreement with the counterparty, obtaining permission for the settlement index, and determining the ratio of hedging exposure.

According to Hyperliquid News, the Hyperliquid Policy Center has submitted a legal opinion to the federal court in Washington, D.C., seeking to dismiss the lawsuit filed by the Chicago Mercantile Exchange (CME) against the U.S. Commodity Futures Trading Commission (CFTC).The lawsuit involves the CFTC's prior approval of the launch of regulated cryptocurrency perpetual contracts in the U.S. through Kalshi. CME had previously filed a lawsuit regarding the related regulatory decision, while the Hyperliquid Policy Center supports the CFTC's side, arguing that the court should dismiss CME's lawsuit.

Four.meme launches the BNC4 daily buyback and burn mechanism, which will take place from September 9 at 8:00 AM Beijing time to December 10 at 7:59:59 AM. Every day, 100% of the revenue generated from BNC4 products (including transaction fees and LP fees) will be used to buy back and burn the qualified community Meme token that ranks first in trading volume for that day.Eligible Meme tokens must meet three conditions: using BNC4 as pool assets, holders ≥ 3,000, and market capitalization ≥ 500,000 USDT.

According to CoinDesk, data from Curve Finance shows that its lending market has recorded a total of 704 "soft liquidation" events, involving 602 borrower addresses, with a median duration of 14.5 days, of which a quarter lasted at least 38.9 days, and some positions remained within the liquidation range for several months. Of these soft liquidations, 476 began in the first half of 2026. Unlike traditional lending protocols such as Aave and Compound, Curve's LLAMMA system does not sell off collateral all at once after the price drops below a threshold, but gradually converts collateral into borrowed assets within a price range. If the price rebounds before the loan completely fails, some or all of the conversions may be reversed. This means that borrowers are not in a grace period; their collateral has been partially liquidated during the loan's duration, but they still have the opportunity to restore their positions if the price reverses. However, soft liquidations are not without costs. Data shows that borrowers may still incur losses due to transaction fees, conversions, rebalancing, interest, and bid-ask price fluctuations, and if the market remains unfavorable, positions may still fall into hard liquidation. Curve Finance is a mainstream DeFi protocol focused on stablecoin exchanges and crvUSD lending, currently holding approximately $1.35 billion in deposits, with a DEX trading volume of about $3.4 billion over the past 30 days and active loans of about $46 million.

According to Blockaid monitoring, it has detected that the DeFi risk management protocol Cozy on Optimism has been attacked, resulting in a loss of approximately $170,000.

The Ukrainian police and the Security Service of Ukraine (SBU) recently dismantled a scam network that used a fake investment platform to steal cryptocurrency. This network disguised itself as an investment platform website, luring users to connect their main cryptocurrency wallets and approve a small test transaction when withdrawing funds. Subsequently, it used a "wallet stealer" hidden within the website to automatically transfer user funds to wallets controlled by the operators, kicking victims off the platform. Investigators have currently confirmed 62 victims, with over 46 Ukrainian citizens involved, and the network could steal up to $1 million per month.The police stated that the false profits displayed on the platform are part of the scam, with operators manually creating transactions and adjusting user account balances to create the illusion of investment growth. In addition to cryptocurrency, the platform also collected victims' passport information, phone numbers, email addresses, login credentials, and photos during the registration and identity verification process. The main organizer of the network is a 25-year-old IT expert who recruited over 46 Ukrainian citizens and operated multiple offices in Kyiv and surrounding areas, with members responsible for building and maintaining fake websites, contacting potential victims, and providing security.Victims come from multiple countries, including Germany, Poland, Lithuania, Latvia, Spain, France, the United Kingdom, Canada, and Israel. The police traced the gang's server equipment located in the Netherlands and obtained a database stored there, which included a list of victims, cryptocurrency wallet addresses, suspected stolen amounts, internal communications, and platform operation information. The Ukrainian police and SBU subsequently executed 34 searches in Kyiv and surrounding areas, seizing over 100 computers, more than 100 mobile phones, 79 SIM cards, documents, cash, and 15 vehicles.

On Tuesday, the Ukrainian National Police and Security Service announced the dismantling of a fake investment platform network based in Kyiv. This gang stole cryptocurrency from users in over 20 countries through built-in wallet theft tools. Investigators have currently confirmed 62 victims, including citizens from Germany, Poland, Lithuania, Latvia, Spain, France, the UK, Canada, and Israel. The organizers recruited more than 46 Ukrainians, operating multiple offices in Kyiv and surrounding areas, where developers were responsible for building the fake platform and resisting bans, while other members handled customer service and security.According to the Ukrainian Security Service, the organizer is a 25-year-old IT expert, and the gang's peak monthly revenue reached up to $1 million. The scam began with advertisements for cryptocurrency investment projects on Telegram. After users registered, they connected their wallets and invested funds, while gang members manually forged transactions to show a continuously increasing balance in the user backend. When users requested withdrawals, the platform required them to connect their main wallet and approve a small "test" transaction under the pretext of verification. This authorization immediately triggered the built-in theft tool on the website, transferring assets to wallets controlled by the gang and locking the victims' accounts.Investigators tracked down server equipment storing the gang's database in the Netherlands, which recorded victim information, wallet addresses, stolen amounts, internal communications, and platform operation data, as well as user passports, phone numbers, emails, login passwords, and photos. Police executed 34 searches in Kyiv and surrounding areas, seizing over 100 computers, more than 100 mobile phones, 79 SIM cards, one GSM gateway, cash, and 15 vehicles.

The LayerZero research team, in collaboration with Oblivious Labs and researchers from Carnegie Mellon University, has published a paper proposing a new automated market maker mechanism called OTTER, aimed at enhancing resistance to Maximum Extractable Value (MEV).OTTER employs a batch clearing mechanism similar to VCG auctions, making it a dominant strategy for traders to report valuations and budgets truthfully, while weakening the ability of block builders to profit through transaction ordering, sandwich attacks, or injecting false bids.

Hyperliquid Policy Center CEO Jake Chervinsky disclosed on the X platform that the Commodity Futures Trading Commission (CFTC) has filed a motion to dismiss CME's lawsuit regarding crypto perpetual contracts.The motion states that CME lacks standing to sue, arguing that CME itself can also offer perpetual contracts, so any harm is self-inflicted. Chervinsky relayed the CFTC's wording, stating "this lawsuit is just making a mountain out of a molehill."

According to Decrypt, CrowdStrike and the U.S. Department of Justice announced on Tuesday that they have dismantled the Sality peer-to-peer botnet, which has been active since 2003.This botnet primarily hijacked cryptocurrency payments through the EggJagger malware over the past eight years, which monitored the cryptocurrency wallet addresses in victims' clipboards and replaced them with the operator's own address, causing victims to send funds to strangers.CrowdStrike estimates that the operator has stolen at least 12.1 million rubles (approximately $150,000) solely through the EggJagger payload. Most of the stolen cryptocurrency has not been spent, and CrowdStrike assesses that these unspent assets were worth about 147 million rubles (nominally around $1.35 million) at their peak in January 2025. The reason Sality has survived to this day is that it does not have a central server that can be seized; infected machines communicate directly with each other.This multinational operation involved the United States, Bulgaria, Hungary, and Romania. The U.S. Department of Justice, FBI, and Defense Criminal Investigative Service seized Sality-related domains within the United States, and police from multiple European countries also seized other domains.CrowdStrike isolated more than 15,000 infected machines to its controlled honeypot by exploiting its architectural vulnerabilities. The operator has been tracked as SALTY SPIDER, which launched a denial-of-service attack against the Russian cryptocurrency exchange AvanChange in September 2023.

Binance contracts will adopt the latest price protection (LPP) mechanism for the TACUSDT U-based perpetual contract on August 27, 2026, at 19:00, to address price deviations of TAC (TAC Protocol) across multiple exchanges.The LPP mechanism will be gradually implemented through a marked price smoothing processing model, with the funding rate limits adjusted to +0.005% / -0.005%.

NVIDIA's Chief Financial Officer stated that the company is introducing a revenue-sharing mechanism, which includes a "no questions asked" commitment and a minimum revenue guarantee.