The diesel crack spread reached a record $102.20 a barrel as oil supply disruptions coincided with seasonal fuel demand. Goldman Sachs had downplayed the chance of a Federal Reserve rate increase in September amid slower inflation.
A wallet suspected of links to the Ethena team deposited 170 million ENA, worth approximately $14.09 million, into FalconX an hour ago. The transfer was likely for an over-the-counter sale.
Bank of America's August global fund manager survey found that 27% of respondents held U.S. equities above their global benchmark weight. The figure rose from 24% in July and reached its highest level since December 2024.
South Korea Blocks Polymarket Access Over Gambling Concerns
South Korea blocked domestic access to Polymarket, joining more than 30 jurisdictions that have restricted the prediction market. The Korea Media and Communications Standards Commission found that Polymarket facilitates gambling under the Criminal Act and National Sports Promotion Act. Regulators rejected Polymarket's peer-to-peer and smart-contract defense.
Curve Finance founder Michael Egorov said FATF pressure to regulate DeFi could make the sector safer. Michael Egorov said protocols could reduce privileged access and upgrade risks.
Blockchain.com received approval to join the Nigerian SEC Regulatory Incubation Program. The platform can operate in Nigeria if it meets the SEC's rules and testing requirements.
Trump Agencies Turn to Crypto Rules as Clarity Act Stalls
Trump's crypto-friendly regulators are expected to advance policy measures after congressional negotiations on crypto legislation stalled. The SEC is expected to advance a rule exempting certain token offerings from securities rules in coming weeks. The Clarity Act would define token oversight between the SEC and CFTC, but industry figures say only Congress can create durable rules.
The US 30-year Treasury yield crossed 5.3% on Aug. 17 for the first time since June 2007 as crypto-collateralized lending remained $22.53 billion below its peak. Galaxy reported that crypto-collateralized lending fell to $56.16 billion in the second quarter. Bitcoin reached an intraday high of $64,610.01 that day.
An institution deposited 3.35 million LIT worth about $7.83 million into Lighter. The institution withdrew 2.92 million LIT from OKX and 468,620 LIT from Bitstamp over the past week.
B.AI Android App added a real-time response latency display to its Service Availability Detection feature. Users can view node latency in milliseconds during connection tests.
A trader turned $121 into about $311,000 as BNB Chain-based memecoin Niulai surged. EmberCN said the trader sold 14.1 million Niulai tokens for $127,000 in profit.
AftermathFi's perpetual contract engine completed reviews by Osec and Certora. The market will open tomorrow, and both audit reports will be released publicly.
An address that bought 19.1 million Niulai tokens for $121 now has a position valued at $311,000, a 2,527-fold gain. The address still holds 5 million Niulai tokens valued at $186,000.
Nvidia agreed to guarantee up to $105 billion in conditional lease obligations for OpenAI's new data center campus in Pike County, Ohio. The guarantee covers an initial 4.25 gigawatts of compute capacity.
The Blockchain Association backed the SEC proposal to rescind Regulation NMS Rules 611 and 610(e). The SEC proposed removing the rules in June, and the public comment period ended on Monday. The association said the changes could support tokenized securities infrastructure.