Yushu Technology officially listed on the Sci-Tech Innovation Board and started trading with a gain of over 500%, with a market value of over RMB 350 billion. According to the prospectus, Yushu Technology’s chairman, general manager, and chief technology officer Wang Xingxing directly holds 86.714964 million shares of the company, representing 21.4395% of the company’s total share capital after the issuance. Before the offering, Wang Xingxing also indirectly held shares of the company through an equity incentive platform, Shanghai Yuyi, representing 9.5367%. All told, his direct and indirect holdings add up to roughly around 30%, with the market value of his stake exceeding RMB 100 billion—making him the “post-90s” richest person. According to the 2025 list of post-90s entrepreneurs released by New Fortune magazine, Liu Jingkang, founder of Innotek Innovation (Yingshi Innovation), became the new post-90s richest person with a fortune of RMB 20.2 billion.
On August 18, Paul Atkins, Chairman of the U.S. Securities and Exchange Commission (SEC), introduced the proposed《Regulation Crypto Assets》,which covers issuance pathways, disclosure obligations, and safe harbor conditions. Atkins said that customized exemptions could attract crypto issuers and bring investors back to the United States, while preserving core investor protections, and that it would support Congress in advancing the《CLARITY Act》. SEC Commissioner Hester Peirce said that the proposal was shaped through public comments and staff involvement, and that feedback from both industry supporters and critics influenced the design of the framework. SEC Commissioner Mark Uyeda noted that fixed thresholds and disclosure obligations can improve issuers’ compliance expectations; the proposal is not yet in effect.
$Niu Lai developers miss out on millions by not buying their own coin, then roll out 3 new coins to harvest $25,000
Lookonchain tracked the developer address 0x6aF3...79E. Previously, they created a meme coin called $Niu Lai, whose peak market value once surged to $49 million—making many followers who bought the token profit handsomely, while the developer themselves bought nothing and gained nothing.
After suffering this loss, the developer issued three new tokens—Banjun Tizi, Niu Lai, and $Moo—using the same wallet address. This time they learned their lesson and kept a position for themselves, pre-planning ahead. In total, they achieved $25.3k in profit.
On-chain records show that, in one transaction, they liquidated within 1 day for a profit of $10.7k (a gain of 459.3%). The other two liquidations yielded $7,390 and $7,250 respectively (both with gains over 60%). Only one small trade resulted in a minor loss of $16.63.
Last October, a whale spent $2 million USDC to buy 518 million PUMP tokens when the price was $0.00386. An hour ago, he exited his PUMP position, which he had held for 10 months, at a price of $0.00274. He received SOL worth $1.42 million back, resulting in a loss of $580,000 (-29%).
The Blockchain Association in the United States submitted a comment letter to the U.S. Securities and Exchange Commission (SEC), urging it to repeal outdated Rules 611 and 610(e) to help the market structure adapt to tokenization developments. The association said that the current rules no longer reflect the technological realities of blockchain and tokenized securities. It called for the regulatory framework to be updated in a timely manner, to promote compliant innovation and improve market efficiency.
A-shares see a rare massive lottery win again; investors who get the allotment can make 456,600 yuan
Listed today on the STAR Market, “Freqy Precision Laser” belongs to the hard-tech sector. Its business—precision laser devices—targets hot areas such as quantum technology and semiconductors, right on the windfall trend
Its issue price is 186.88 RMB, and the cost per lot (one subscription) is 9.34w RMB. Based on the opening price of 1100 RMB, the profit per lot reaches as high as 488.61%, with the stock rising to a peak of 1300 RMB—pushing the profit to 556,000 yuan
This is also the highest issue price new stock on A-shares within 2026
According to monitoring, the Solana whale GvHYQQ (GvHY...1idXgUce) has returned to buying after more than 2 years of inactivity, purchasing 47,535 SOL worth $3.6 million.
This whale bought 291,800 SOL in August and October 2023 during SOL price pullbacks, spending a total of $6.82 million at an average price of $23.37. After SOL rose, the whale sold 191,800 SOL, receiving a total of $24.62 million at an average selling price of $128.36, realizing a profit of over $20 million.
Made a fortune—Hyperliquid Changxin’s No. 1 long is planning to take profit 🤘
Address 0x9a8…23cf2 is currently taking profit in batches via TWAP and limit orders; it has already sold nearly 100,000 tokens and realized a profit of $230,000
▶︎ TWAP: take profit for 20,000 tokens at the $8.7778 price point ▶︎ Limit sell orders: take profit for 16,614 tokens when the price rises into the [$9.01, $9.11] range
The address still has 1.53 million tokens left $CXMT of a 5x long position, worth $13.41 million, entry price $6.61; plus current floating gains of $5.445 million from funding fees
According to reports, Binance is planning to apply to the UK Financial Conduct Authority (FCA) for a license, with plans to relaunch some regulated services in the UK in 2027. Binance’s UK subsidiary, Binance Markets Limited, has been prohibited by the FCA from carrying out any regulated activities in the UK since June 2021. In 2023, Binance announced that it would pause new user registrations in order to comply with the FCA’s financial promotions rules. A Binance spokesperson responded to the matter, saying they would not comment on speculation about a potential license application.
Circle CEO Jeremy Allaire said on X that the company has recently released a short-term roadmap for agentic capabilities and related standards. The roadmap covers multiple capabilities being built, with a focus on expanding support for agents as work sellers, and involves mechanisms such as agent identity, reputation, verification, and trusted discovery. Allaire noted that these plans are intended to drive the implementation of agent-related standards and functions, enabling agents to participate in work transactions and service provision. As the issuer of the USDC stablecoin, Circle continues to pay attention to the combination of payment and on-chain identity infrastructure with emerging agent scenarios.
Wei Strategy increased its US dollar reserves by $150 million and repurchased $132 million worth of stock.$STRC Extended the dollar duration to 2.8 years (+41 days) and tightened the STRC Bitcoin credit interest rate to 114 basis points (-4 basis points). As of August 16, 2026: Bitcoin reserves of 840,447 pounds; US dollar reserves of $4.8 billion.$MSTRB
An insider said that the White House will hold an innovation summit next week, and U.S. President Trump plans to attend. The CEOs of companies such as Coinbase, Ripple, Gemini, Robinhood, Polymarket, and Kalshi will also participate. The CEOs of the aforementioned companies are all members of the newly established CFTC Innovation Advisory Committee. The meeting will serve as a first official warm-up for the committee, and attendees will discuss developments in areas including cryptocurrency, prediction markets, and artificial intelligence.