Odaily News – Virtuals Protocol has released a comprehensive operational guide for launching AI Agent tokens on Solana, covering processes such as identity setup, immediate or scheduled listing, tokenomics, and advanced configuration. The guide introduces the Automated Capital Formation (ACF) mechanism, which has raised over $6.8 million in total to date. It also supports team pre-purchases, anti-sniper taxes, and the ability to directly link tokens to AI Agents powered by the Economy OS. Once listed, tokens will trade via the Meteora DBC pool, which charges a 1% fee, with 70% of that going to creators. After accumulating 42,000 VIRTUAL tokens, the token will automatically graduate and migrate liquidity, with LP tokens locked for 10 years.

Odaily News: Following Kinetiq's announcement of Elysium, the Hyperliquid L2 network, KNTQ surged over 30% before giving back some gains and is now trading at $0.2397. KNTQ's current market cap is approximately $66.03 million, with a 24-hour trading volume of about $6.02 million. Previously, Kinetiq stated that 50% of Elysium's sequencer fees will be used to buy back KNTQ from the open market, and all purchased tokens will be burned.

Odaily News: The BIT-associated address (0xa5...1d41) has begun taking profits, reducing its position by 14,000 ETH five minutes ago, closing approximately $34.15 million in long positions. The address's remaining position size is approximately $25.24 million, with an average long entry price of $2,340.86 and an unrealized profit of around $1.83 million on the remaining position. This address has previously received multiple fund transfers from Matrixport (now rebranded as BIT) and is currently the largest ETH long position on-chain. Two other associated addresses are building positions in coordination, with this address serving as the primary one.

Odaily News: Super League, a bitcoin treasury subsidiary established in the U.S. by Japan's Metaplanet, has raised funds through an ATM offering for the first time since the deal was announced. Metaplanet is raising capital across capital markets on two continents.

Odaily News: Stand With Crypto, a cryptocurrency advocacy initiative led by Coinbase, has announced its formal endorsement of 32 House candidates, including both Democratic and Republican nominees. Among those endorsed are pro-crypto lawmakers such as Republican Representatives Tom Emmer and Bill Huizenga, as well as Democratic Representatives Ritchie Torres and Josh Gottheimer.

The organization stated that it will release its list of Senate candidate endorsements as the U.S. midterm elections approach. The move comes as the Senate prepares to return to Washington next month for its first vote on the CLARITY Act (a crypto market structure bill). The legislation aims to further clarify the digital asset regulatory framework by delineating the respective responsibilities of the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) in overseeing the crypto market.

Coinbase launched Stand With Crypto in 2023 with the goal of mobilizing pro-crypto voters and advocating for more favorable digital asset regulatory policies in the United States. (Reuters)

Odaily News: Solid Intel stated on the X platform that IBIT call option volume reached a record 1.58 million contracts, with the 3-day call skew rising 0.05, the largest increase since January 2025.

Odaily星球日报讯 Lookonchain 在 X 平台发文表示，2026 年 8 月 17 日至 23 日，稳定币总市值增加 21.9 亿美元，DEX 现货交易量环比回升 91.62%，永续合约交易量环比回升 104.06%；协议收入环比回升 13.40%，其中 Ostium 周收入增长 6435%。

上周，4 家上市公司合计增持 1371 枚 BTC，价值 1.0796 亿美元。Strategy 未买入或卖出 BTC，Bitmine 买入 32447 枚 ETH，价值 8101 万美元。

Odaily News, Morgan Asset Management portfolio manager Kelsey Berro stated that the investment-grade bond market will see a busy issuance period in September, but demand for corporate bonds remains strong, and concerns about oversupply may be overstated. Berro said on Monday that market expectations for September issuance volumes are wide-ranging, between $175 billion and $250 billion. She noted that credit portfolio managers believe even if supply reaches $250 billion, "it is not a problem," though uncertainty around the final issuance size makes it harder for market participants to prepare in advance.

Berro warned that if the heavy supply in September is absorbed smoothly by the market, investors currently sitting on the sidelines may quickly enter. "Funds will flood into the market," she said. Any signs of market stabilization could attract a significant wave of buyers back.

Odaily News: According to monitoring by ZachXBT, after reviewing relevant evidence, he stated that two U.S. investment platforms, BitcoinIRA and iTrustCapital, may have experienced a data breach this year, but neither appears to have publicly disclosed it as of yet. The leaked information is reportedly said to include personal profiles, investment portfolios, bank and custodial account details, verification status, and more. ZachXBT cited an example where an attacker known as "Tiffany" used related databases in June this year to target a BitcoinIRA user and steal over $1.2 million. ZachXBT stated that he contacted both companies for comment on August 21 but had not received a response as of the time of writing.

Odaily Planet Daily News: Fu Peng expressed his view that the market is currently in a vacuum period of proving or disproving AI's (complete viable business closed loop). The overheated sentiment in the market has cooled, shifting from the logic of "rewarding capital expenditure arms race" to that of "penalizing capital expenditure arms race."

In this environment, the previous punishment of Google's negative free cash flow in the US stock market and the pivot to Apple is a very typical shift. Now, the same story is unfolding among China's internet giants. Alibaba's capital expenditure (CapEx) surged sharply this quarter, resulting in continuous net outflows of FCF (free cash flow). When massive AI computing power and infrastructure investments fail to form a profit closed loop of equivalent scale in the short term, high-intensity capital spending consumes offshore cash. Investors had already begun to seriously doubt the marginal return on capital, and the global market is just half-convinced about AI's complete closed-loop narrative. As a result, the announcement of massive placement/convertible bond financing is equivalent to diluting existing shareholders' equity.

Big short Michael Burry has reduced or even cleared his position in Alibaba and instead heavily invested in or increased holdings of JD.com. The logic is the same as investors shifting from Google to Apple: whoever maintains a relatively restrained balance sheet expansion, whoever does not consume FCF to chase the AI arms race or even resort to further financing to invest, and whoever has high certainty of executing buyback plans—the market now regards them as safe.

Odaily reported that Bitcoin Magazine posted on X platform, stating that listed company Iconic Digital has added 21 more bitcoins, bringing its total holdings to 2,882 BTC, valued at $168 million.

Odaily News According to Onchain Lens monitoring, Wintermute (0xecb...2b00) has increased its short exposure on Hyperliquid from $190.77 million to $211.53 million since the last update; its HYPE short has decreased from $11.43 million to $5.6 million. Current major short positions include: Bitcoin $70.8 million, ETH $53.83 million, SOL $17.63 million, XRP $7.41 million, DOGE $6.79 million. Current unrealized loss stands at $4.12 million, with $2.27 million in funding fees already received.

Odaily News: "Machi" Big Brother Jeffrey Huang increased his Bitcoin 40x long position 4 minutes ago, raising the position to $39.45 million, with an entry price of $78,890.20 and a liquidation price of $62,268.27. Machi also holds an ETH long position valued at approximately $62.5 million, with an average entry price of $2,390; a HYPE long position valued at approximately $20 million, with an average entry price of $79.4; and a PUMP long position valued at approximately $14.17 million.

Odaily News – HyperliquidNews posted on X platform that Kinetiq has published an article introducing Elysium. Elysium will use HYPE as its network gas token and will connect with Hyperliquid's HyperEVM and HyperCore. Kinetiq stated that Elysium will enhance transaction processing performance and throughput, supporting Hyperliquid spot trading, PropAMM deployments, and native oracle functionalities based on Hyperliquid data. The article states that Elysium will provide a high-performance EVM environment, supporting token launches from long-tail AMMs, integration with PropAMM, creation of HyperCore spot order books, and perpetual contract deployments via HIP-3. Elysium's sequencer fee allocation plan is as follows: 25% allocated to developer incentives, 25% to the Kinetiq treasury, and 50% used for programmatic KNTQ purchases on the open market, with the purchased KNTQ sent to the Hyperliquid Assistance Fund for burning. Kinetiq stated that Elysium will launch soon, with technical specifications for developers and traders to be released in the near future. At launch, its throughput and performance will exceed that of HyperEVM.

Odaily News, HyperliquidNews posted on X platform stating that Kinetiq has announced the launch of Elysium L2, built on Hyperliquid.

Odaily News: According to MSX.COM data, the U.S. storage sector opened lower and continued its downtrend, with SanDisk dropping over 10% and Micron Technology falling over 7%.