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08-17
Compound DAO Approves $52M Budget to Shift Focus to the Institutional DeFi Market
According to CoinDesk, Compound DAO has approved a $52 million budget and restructured its leadership team to refocus its strategy on institutional clients, with plans to expand into RWA, partner integrations, and traditional financial credit infrastructure. Compound’s current TVL stands at $1.2 bil
Michael Hartnett of BofA suggests going long on gold and short on AI bonds amid $40 trillion in U.S. debt.
Bank of America’s Chief Investment Strategist, Michael Hartnett, noted that U.S. government debt is nearing $40 trillion, with interest payments reaching $1.4 trillion over the past 12 months. He recommends going long on gold and short on AI bonds, citing over $1 trillion in capital expenditures by
US to Impose 50% Tariffs on $20B Canadian Imports Amid Stalled Negotiations
The United States is set to hit Canada with a 50% tariff on roughly $20 billion worth of annual imports, effective August 19, 2026. Canada’s negotiators have rejected the latest American counter-offer, and the two sides remain far apart with the clock running out.That $20 billion figure represents a
Hyperliquid Policy Center and Douro Labs Urge SEC to Repeal Trade-Through Rule for Onchain Markets
Two organizations deeply embedded in the Hyperliquid ecosystem have told the SEC to ditch a 20-year-old equity trading rule and start thinking about what “best execution” actually means when trades settle on a blockchain instead of the NYSE.The Hyperliquid Policy Center (HPC) and Douro Labs submitte
Morpho Launches Quoter Bot for Automated Market Quoting on Fixed-Rate Lending Protocol
Morpho has open-sourced a new tool called Quoter Bot, designed to automate market quoting on Morpho Midnight, the protocol’s fixed-rate, fixed-term lending layer. The bot generates quotes pegged to a reference rate, giving market makers a lightweight way to provide continuous liquidity in Midnight’s
Ethereum Foundation Launches Platåberget Testnet for Glamsterdam Upgrade Preview
TL;DRThe Ethereum Foundation launched Platåberget, a public testnet that allows developers to test the upcoming Glamsterdam upgrade before its mainnet deploymentThe testnet went live on August 17 and will execute the Glamsterdam fork on August 20, simulating a transition on an active chain.Glamsterd
LINK Breakout Gains Momentum Toward $10 Resistance
LINK has broken above a prolonged descending trendline, while stronger volume supports the move toward the $10 resistance zone.A sustained move above $9.70 could strengthen the recovery structure, while rejection may return the token toward lower support levels.Chainlink’s expanding role across DeFi
Super Micro and Dell Shares Drop Amid DDR5 Patent Dispute
A patent fight over DDR5 memory technology has weighed on shares of major AI server manufacturers.Shares of Super Micro Computer and Dell Technologies dropped sharply on August 17. The decline followed news of a patent dispute involving DDR5 memory technology, a component central to modern AI server
Google and Nvidia Reveal Massive Stakes in SpaceX Amid Stock Price Analysis
Key InsightsSpaceX stock has pulled back in the past few days.Google and Nvidia have revealed large stakes in SpaceX.The stock is forming a bullish flag pattern on the four-hour chart.SpaceX stock has pulled back as the recent bull run stalls. After peaking at $149.6 on August 12, it has retreated t
ByteDance Signs Historic AI Copyright MOU with Motion Picture Association
ByteDance has signed a memorandum of understanding with the Motion Picture Association, marking the first time Hollywood’s most powerful trade group has struck a formal copyright agreement with an AI company. The deal, announced on August 17, commits ByteDance to implementing guardrails across its g
U.S. Treasury's GENIUS Act Seen Strengthening Dollar, Impacting Gold Prices
Treasury Secretary Bessent has declared the U.S. Treasury’s commitment to rapidly executing the GENIUS Act framework, which aims to reinforce the U.S. dollar’s status as the global reserve currency and sustain America’s leadership in the cryptocurrency space. This move is part of a broader effort to
Public Launches First AI Agent Marketplace for Automated Trading
Public.com just opened an AI agent marketplace where users can browse, deploy, and customize automated trading agents for their portfolios, no waitlist required. The platform, which originally began rolling out AI agents to select users on March 31, 2026, is now making the feature broadly accessible
Blockworks Releases Second Batch of B-1 Filings, Reaching 100 Total Token Disclosures
Blockworks has released the second batch of B-1 filings under its Token Transparency Framework, adding ten new token disclosures to what is quickly becoming the crypto industry’s closest equivalent to traditional securities registration. The framework now includes 100 total disclosures, split betwee
Solana Maintains Lead Over Robinhood Chain Amid Memecoin Trading Shifts
Every time a shiny new blockchain launches, memecoin traders swarm like seagulls spotting a dropped french fry. And every time, most of them eventually waddle back to Solana. The latest challenger, Robinhood Chain, is testing that pattern right now.As of July 8, Solana’s decentralized exchanges post
Anthropic Eyes $2T IPO with $190B–$200B Revenue Target by 2028
Anthropic, the maker of the AI model Claude, is reportedly planning a $2 trillion initial public offering (IPO), contingent on significant projected revenue growth. According to Yahoo Finance, internal projections suggest revenues of between $190 billion and $200 billion by 2028, a substantial incre
