Odaily News – Trader Ansem stated in a post that altcoins in 2017 are essentially not much different from today's meme coins. The former often relied on whitepapers and founder narratives to attract market capital, while today's meme coins at least explicitly acknowledge that their essence is a game of attention trading.

Ansem stated that he is currently more bullish on meme coins than ever before.

According to Odaily, data from GMGN shows that the Solana ecosystem memecoin fone's market cap briefly surpassed $30 million and is now reported at approximately $23.56 million, with an intraday increase of over 58 times.

In terms of narrative, fone revolves around the concept of "apeonfone," summarizing the trend of memecoin trading becoming increasingly mobile and social as "an ape on a phone." The project community compares this to the previous cycle's dogwifhat narrative of "a dog with a hat," emphasizing a trading approach where users browse social media on their phones, receive calls to action, and directly buy memecoins.

Odaily reminds that memecoin prices are highly volatile, and tokens driven by such community narratives lack stable fundamental support. Please be aware of trading risks.

Odaily News: Federal authorities are preparing to bring charges against a U.S. service member suspected of wagering over $1 million on military operations through prediction markets. The service member, who has been under scrutiny since spring, placed bets related to military strikes against Iran and Venezuela. This case is one of several investigations into service members involved in trading war contracts, with related contracts covering the timing and outcomes of military operations. The U.S. is also investigating a KPMG employee suspected of wagering that a company's performance would exceed market consensus expectations.

Odaily News: According to Gate market data, the Nikkei 225 Index opened down 103.36 points, a decline of 0.16%, to 66,028.62 points on August 28.

Odaily News: Anthropic is considering allowing existing shareholders to sell their shares in the IPO and plans to publicly disclose its prospectus after September 7, further advancing its listing process. (The Information)

Odaily Crypto Daily News: IREN, a crypto mining company transitioning to a neocloud business, released its FY2026 data, with Q4 revenue of $137 million, below Wall Street's forecast of $157 million; adjusted EBITDA was $19.2 million, approximately 53% lower than expected. AI cloud services revenue increased quarterly from $33.6 million to $70.5 million, while Bitcoin mining revenue declined from $111 million to $66.7 million.

Odaily News: Sheikh Tahnoon bin Zayed al Nahyan, National Security Advisor of the UAE, also known as the "Spy Chief," along with his co-investors, holds a 49% stake in World Liberty Financial's holding company. World Liberty Financial is seeking to obtain a national trust bank license in the U.S., with the Office of the Comptroller of the Currency having already given preliminary approval to its trust bank application several weeks ago. The project plans to offer stablecoin issuance and redemption, fiat on/off ramps, and custody services. Its issued USD1 stablecoin has a market cap of $4 billion, ranking fourth. The White House responded that there is no conflict of interest, but Trump has previously faced criticism multiple times over conflicts of interest.

Odaily News: Prediction market platform Polymarket US withdrew two NFL player participation contract filings on August 26. The platform had completed certification with the U.S. Commodity Futures Trading Commission (CFTC) the previous day and planned to launch the related products no earlier than August 27.

On the same day, Polymarket US certified Bitcoin, Ethereum, and Solana price contracts. All three contract types were submitted in paired form and classified as swaps under the binary options subcategory. Both the NFL contracts and the cryptocurrency contracts fall under the relevant classification.

Polymarket US separately filed a confidential treatment request for the NFL compliance analysis documents, seeking permanent non-disclosure on the grounds that public release would reveal trade secrets and give competitors an unfair advantage. As of the time of record, another NFL American football starting eligibility contract remained in certified status. (Bitcoin.com News)

Odaily News: BitGo has announced the acquisition of NYDIG’s institutional trading business and related assets, incorporating derivatives, structured products, financing, and capital markets capabilities into its institutional platform. Approximately 30 NYDIG employees will join BitGo, and NYDIG’s institutional trading client relationships will also transfer to BitGo as part of the deal. BitGo will integrate the related business with its custody, trading, settlement, and wallet infrastructure. NYDIG will focus its resources on power generation, Bitcoin mining, and high-performance computing data center operations. NYDIG stated that its hash rate infrastructure development pipeline currently exceeds 3 gigawatts, with over 1 gigawatt expected to be ready for delivery in 2027 and 2028.

Odaily reported that Bitcoin News posted on X platform, stating that France disclosed this month that its tax administration had been hacked, with data of approximately 678,000 individuals and businesses stolen. The stolen data allegedly includes names, addresses, income, and property information. Analysis of the alleged database found 26,805 records showing income exceeding €100,000, including 386 records exceeding €1 million. According to CertiK data, out of 52 verified cryptocurrency wrench attacks globally in the first half of 2026, France accounted for 33. French prosecutors have also accused a tax department employee of using government databases to identify cryptocurrency investors and selling personal information to criminals involved in physical assaults and extortion. The latest data breach has no publicly linked physical attacks yet, but sensitive financial and location data of hundreds of thousands of people may now no longer be under government control.

Odaily News: According to HyperliquidNews monitoring, Tradexyz bridged $1.4226 million in revenue to Ethereum, potentially followed by a withdrawal of funds to Coinbase Prime.

Odaily News: Fox Business crypto reporter stated on the X platform that the U.S. Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation are advancing toward finalizing a rule to define "unsafe or unsound practices" in bank regulation. The term has remained loosely defined for years, relying largely on the broad discretion of bank examiners. Under the rule, regulators must tie determinations that a practice is "unsafe or unsound" to actual violations of law or significant financial risk, thereby reducing the likelihood of pressuring banks—including those serving legitimate clients such as crypto companies—over vague reputational or procedural concerns. The rule marks another important step toward dismantling "Operation Choke Point 2.0."

Odaily News – Media company Trump Media has abandoned its plan to build a prediction market into its social platform Truth Social, opting instead to promote Crypto.com's existing prediction market products to users through a marketing agreement.

Trump Media interim CEO Kevin McGurn stated that the prediction market industry has become a competitive field with established players, and the company will focus its resources on its media business and the proposed merger with fusion energy company TAE Technologies.

Announced in October 2025, Truth Predict was originally designed to allow users to trade contracts on elections, inflation, interest rates, commodities, and sports via Crypto.com's Derivatives North America. Trump Media also indicated it may explore similar arrangements with other prediction market providers in the future. (Bitcoin.com News)

Odaily News - Financial services firm Virtu Financial, M1X Global, and electronic trading platform Tradeweb have completed an on-chain repo transaction using the Republic of the Marshall Islands' USDM1 sovereign digital bond as collateral. The entire transaction was executed on the Canton Network and settled in under 10 minutes.

USDM1 is a U.S. dollar-denominated, on-chain issued sovereign bond, backed 1:1 by short-term U.S. Treasuries. It pays a coupon while serving as collateral and constitutes a fully collateralized sovereign obligation under New York State law. The parties involved stated that this is the first repo transaction combining natively issued sovereign collateral with fully on-chain atomic settlement.

USDM1 is available for electronic trading via Tradeweb, with institutional custody services provided by Anchorage Digital, BitGo, and tZERO. The Canton Network is designed for institutional finance, featuring privacy and permissioning mechanisms for regulated transactions and tokenized assets. (Cointelegraph)

Odaily News: BitcoinTreasuries.NET posted on X platform, stating that SATA raised enough funds today to purchase 429 bitcoins, with a trading volume of $50 million, marking the highest single-day total this week. SATA has raised funds to purchase 1,084 bitcoins this week, equivalent to over 5% of its total holdings within four days, comparable to Strategy purchasing 42,659 bitcoins in one week.