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BlockBeats news: On August 18, U.S. Treasury yields generally rose on Monday in local time. The 30-year U.S. Treasury yield, which is usually more sensitive to geopolitical events, rose by more than 4 basis points to 5.311%, the highest level since June 2007.
The 10-year U.S. Treasury yield— the key benchmark rate for mortgage, auto loan, and credit card debt—rose by more than 2 basis points to 4.724%. The 2-year U.S. Treasury yield typically fluctuates in line with the Federal Reserve’s short-term rates; on Monday it rose by more than 1 basis point to 4.182%. With the 60-day deadline for a U.S.-Iran peace agreement set to expire on Monday, and Iran having ruled out extending that deadline, oil prices climbed.

BlockBeats message. On August 18, according to Iran's Press TV, a regional intelligence source revealed that the Pentagon (the U.S. Department of Defense) concluded that existing military plans cannot guarantee the safe passage of ships through the Strait of Hormuz, nor can they ensure stable energy supply in the region.
The official said that this assessment reveals a strategic stalemate Washington faces in the Persian Gulf, with the situation being extremely serious. The source said, "The Pentagon's assessment is that, at present, no military plans have sufficient political and security capabilities to keep the Strait of Hormuz open, ensure ships can safely transit, and maintain energy stability."

BlockBeats news: On August 18, according to BIT (bit.com) market data, the yield on the 30-year U.S. Treasury rose to 5.29%, the highest level since 2007, indicating that the market has significantly increased its pricing of long-term risk. Concerns are intensifying over sticky inflation, the Fed keeping interest rates high, and the sustainability of massive fiscal deficits and debt. The long-term borrowing costs for governments, businesses, and consumers are being pushed higher, which typically weighs on equity valuations and tightens global financial conditions; economic growth may also be restrained to some extent.
Castle Securities today said the Federal Reserve is still unwilling to tighten monetary policy, posing broader risks to the overall market. Norshad Shaa, head of fixed income sales for Europe, the Middle East, and Africa at Castle Securities, said: “In my view, this reflects the market’s belief that when policymakers face difficult choices—whether it’s the Fed or the fiscal authorities—they often opt for the easier route. As long as this continues, it will remain a risk to the entire market. Next month’s Fed policy meeting will be a closely contested battle.”

BlockBeats message: On August 17, an Iranian senior official said that Iran has set a final deadline of several weeks for the United States to fully carry out the Iran-U.S. memorandum of understanding. Iran will not wait indefinitely for the U.S. to continue implementing the maritime blockade. Due to “efforts to reach a permanent ceasefire agreement with the United States hitting a stalemate,” Iran has decided to shift its policy “from defensive to fully offensive.” If diplomatic efforts fail, “the Iranian people are ready to escalate tensions in the Strait of Hormuz and (the Middle East) region. Iran’s timetable will be conveyed to the United States via the mediating countries.”

According to data monitored by Beating, Meituan today officially launched its 2027 campus recruitment program, opening applications to fresh graduates worldwide for more than 100 positions across 10 categories, including technology, product, business analytics, operations, and retail. Work locations cover dozens of cities globally, including Beijing, Shanghai, Shenzhen, Hong Kong, and Riyadh. Compared with previous years, this campus recruitment has clearly tilted toward AI: it adds more than a dozen AI-native roles such as AI full-stack engineers, AI product managers, and intelligent business analysts. More than 80% of positions explicitly require AI application capabilities.
At the same time, it will recruit top-tier technology talent with a focus on areas such as large model technology, embodied intelligence, autonomous driving, and drones through both the “LongCat Top Talent Campus Recruitment” and the “Beidou Program.” It will also continue to set up a dedicated overseas business initiative to reserve internationally oriented talent for overseas operations such as Keeta. Meituan said that this year, it will focus on candidates with an “AI Native” mindset, hoping they will proactively use AI to solve business problems and work on the front line to drive implementation.

BlockBeats report, August 17: In October 2025, JPMorgan Chase notified Polymarket that it needed to terminate their cooperation due to regulatory concerns. Polymarket subsequently transferred its banking operations to another undisclosed lending institution. However, contact between the two sides was not completely cut off. In February this year, JPMorgan Chase invited Polymarket CEO Shayne Coplan to speak in Miami at a private banking meeting for its high-net-worth clients—appearing on stage alongside NFL legend Tom Brady. If Polymarket launches an IPO in the future, JPMorgan Chase also intends to seek a role as an underwriter.
Insiders say, “They don’t want to burn all bridges.” Polymarket, meanwhile, disputes claims that the two sides have already broadly severed ties, stressing that it maintains close, active relationships with JPMorgan Chase “in the substantial handling of multiple entities, operational integration, and the flow of customers’ funds.”

BlockBeats message, August 17: Nvidia announced it will invest $1.5 billion in SoftBank’s subsidiary SB Energy, and ensure the Ohio Ports-Pike Technology Park is designated specifically to host its artificial intelligence computing business. Under the agreement, SB Energy will operate the data center under a 20-year lease agreement with OpenAI, with OpenAI becoming a customer for the project’s 8 IT-gigawatt capacity. Nvidia will also provide credit support for the project’s first 4.25 IT-gigawatt phase and retain the option to add 3.75 IT-gigawatts of capacity.
The Ports-Pike project is expected to create tens of thousands of jobs and establish a $80 million community fund. In addition, OpenAI will contribute another $40 million to the community benefits fund. Meanwhile, market reports show that after reaching a deal with Nvidia, Groq’s valuation in the latest funding round has reached $3.5 billion.

BlockBeats news: On August 17, AI oracle APRO, invested by YZi Labs, announced that Venus Protocol, a leading lending protocol on BNB Chain, has joined its Multi-Oracle Resilience Program (MORE).
As part of the collaboration, APRO will provide reliable price oracle feed services for Binance bStocks on the Venus Protocol, further enhancing the reliability of its asset price feeds. The first batch will cover four tokenized stock underlying assets: SKHYB, NVDAB, SPCXB, and TSLAB.
APRO stated that the MORE program can reduce the risks caused by the failure or attack of a single oracle, and improve price stability and security across the DeFi ecosystem. The APRO team will continue to introduce more independent, verifiable data sources through the MORE program, building more resilient and reliable infrastructure for the on-chain ecosystem.

BlockBeats report, Aug. 17, citing Fox News: The U.S. President Trump today confirmed that there is a secret communication channel between him and officials of Iran’s Islamic Revolutionary Guard Corps.
Details from the behind-the-scenes negotiations between the U.S. and Iran that were exposed a few days ago reveal that the Trump administration bypassed Iranian negotiators to contact the Islamic Revolutionary Guard Corps. In mid-May this year, when U.S. negotiators tried to reach an agreement with Iran to end the war, they ran into a problem: they could not confirm whether the Iranian representative across the negotiating table truly represented the Islamic Revolutionary Guard Corps, which holds powerful influence. As a result, Trump administration officials took an unusual approach—bypassing the Iranian negotiator and directly contacting senior officials of the Islamic Revolutionary Guard Corps.

This is an in-depth research report produced by OKX Ventures. Due to its length, it is published in two parts: the first focuses on the tokenization of computing power assets, risk exposure, and derivative pricing logic; the second will analyze the computing-power financial infrastructure, opportunities for tokenizing inference assets, and industry trends. This is the second part.
4. Financial infrastructure for the computing power market: pricing, risk, and settlement
Several layers of infrastructure for the computing power financial market are beginning to take shape. Indices consolidate dispersed GPU rental rates into a unified benchmark; exchanges organize standardized risk around the benchmark; dealers take over specific data centers, tenors, and the basis brought about by SLAs; and capacity platforms then connect financial positions back to physical computing power. The layer that first accumulates a sufficient number of real orders and contract references will be closest to having pricing power in the early market.