质押 · 9620

Polygon Plans to Advance Staking and Token Economy Reform Proposals

Comparing news, Polygon co-founder Sandeep Nailwal said that in response to community calls, the team is advancing proposals for staking and token economy reforms. He revealed that Polygon's revenue has increased tenfold this year, has delivered 5k TPS, reduced block generation time by 25%, and is moving towards less than 1 second block generation time. Now it's the stakers' turn to get their due share. Key points of the proposal include: launching L1-like native staking on Polygon PoS, which can be used in parallel with Ethereum staking; priority fees for each transaction will go to POL stakers (PIP-85 has been approved; native staking can make implementation simpler); staking revenue is expected to nearly double, supported by real network fees rather than inflation; staking POL may receive additional incentives such as discounted gas fees; and SPOL remains liquid and can be used in DeFi. Polygon Labs will write the code and submit the proposal to the community forum for consideration.

1m ago

UK Inland Revenue and Customs: 8.1 million encrypted tax warning letters were issued in the past 12 months, the number increased by 25%

Comparatively, the UK Revenue and Customs Service (HMRC) has issued 81,000 warning letters to cryptocurrency investors suspected of not paying taxes in the past 12 months, an increase of 25% over the previous year's approximately 65,000. The purpose of such letters is to induce the recipient to disclose unpaid taxes before HMRC initiates a formal investigation. Cryptocurrency exchanges, the use of tokens to buy goods or services, and the transfer of tokens to others may all constitute taxable dispositions. Income tax rules may apply to income from borrowing, pledging, etc., and UK residents are generally required to pay taxes on relevant income and earnings worldwide. The rules, which are scheduled to be implemented in April 2027, will apply no-profit and no-loss treatment to eligible crypto loans and automated market-making arrangements until economic disposition occurs, which is expected to affect approximately 700,000 people. The crypto asset reporting framework requires service providers to submit 2026 transaction data for the reporting period from January 1 to May 31, 2027. It is anticipated that 52 jurisdictions will exchange relevant data in 2027, with 15 more in 2028.

15h ago

SOL Treasury HSDT: Supports the Solana Constitution but opposes adjusting inflation and fees now

Comparatively, SOL treasury company Solana Company (HSDT) announced its vote on the first three Solana Governance Proposals (SGP). It supports the passage of the SGP-0001Solana Constitution; opposes SGP-0002 doubling the rate of inflation reduction; and opposes SGP-0003 changing transaction fees from fixed to floating. On-chain voting is expected to open on August 22nd. The company said it supports the Solana Constitution because the new governance system allows every pledger to vote directly, and holders can always reverse the votes of operators they have delegated, which helps the agency participate in online decisions. However, with regard to the other two proposals, the company emphasized that it was not against the direction itself, but rather against the timing. This is a critical stage for institutions to consider entering Solana. The most important thing for institutions is that the rules are stable and predictable. Changing the two core economic parameters of the inflation rate and handling fees at this time may make institutions that are still on the sidelines even more hesitant. The company said that it will support rediscussions to reduce inflation after seeing that SOL continues to have a net inflow of capital; it is also willing to reconsider the plan to change the handling fee to a floating rate after ecological adaptation.

1d ago

Hyperliquid AQAv2 will launch on August 26 and is expected to increase HYPE repurchases by $135-160 million per year

Comparing news, according to Bitcoin.com, the decentralized derivatives trading platform Hyperliquid's native token HYPE is close to $73. Crypto trader Pentosh1 said that its fee burning mechanism will expand after the AQAv2 upgrade, which may support its continued performance in the next round of the bull market. Hyperliquid has destroyed 462 million HYPE units through repurchases since November 2024, worth approximately $1.27 billion, and approximately 99% of agreement fees are used for repurchases. The platform's annualized agreement revenue is currently around $600 million to $950 million. AQAv2, or Aligned Quote Asset v2, plans to import approximately 90% of the platform's USDC reserves of more than US$5 billion into the Assistance Fund on August 26, and the first payment is expected to arrive on October 3. Market participants estimate that AQAv2 can add an additional $135 million to $160 million in repurchases each year. Both Coinbase and Circle, which were designated as Hyperliquid's official USDC fund distributors in May, have pledged to pledge large-scale HYPE to help launch the mechanism.

1d ago

BounceBit Chain updates vulnerability attack progress: will permanently shut down the chain and migrate to BNB Chain

Comparatively, cross-chain revenue protocol BanceBit issued a security incident announcement stating that its blockchain network was attacked by a protocol-level vulnerability attack between 8:02 UTC on August 19 and 01:54 UTC on August 20. The attackers used authorization flaws in the Evmos underlying architecture to transfer BB tokens from 9 main network accounts without the authorization of the account owners. According to the announcement, the attackers transferred a total of approximately 286.5 million BBs through 14 transactions. The impact of the incident was limited to BanceBit Chain itself, and did not involve private key leaks, signature forgery, wallet, hardware devices, or exchange account security issues. BanceBit CeDeFi Strategy, Promo Vaults, Prime, and RWA products were not affected. BounceBit stated that the vulnerability stemmed from a protocol native module authorization verification flaw in the Evmos architecture. When calling the relevant module through a smart contract, the attackers bypass security checks that should verify the authorization relationship of the fund source account, making it possible to specify any account as the source of funds. After the incident, BounceBit Chain stopped generating blocks at block height 20,702,857, then the team decided not to upgrade the chain, but to permanently shut down Bouncbit Chain and re-issue BB as an BEP-20 token based on BNB Chain. BounceBit stated that the new BB token supply will be based on an on-chain snapshot before the first abnormal transfer (block height 20,697,260), and the 286,543,148 BBs transferred by the attackers will not be included in the new token balance. Users do not need to submit an application or migrate their wallets, and the official plan is to automatically distribute the new BB to the corresponding BNB Chain addresses. Regarding the BB in the pledge, BounceBit said it will be restored as soon as the snapshot is in time, and there is no need for coin holders to perform unbundling or redemption operations. Currently, BounceBit has submitted requests for suspension and assistance to relevant exchanges, and reminds users to be wary of scams and not to click on any BB migration or receipt links that have not been officially confirmed. The team said that the new BEP-20 BB contract address and reissue progress will be announced later. This article is sponsored by GENG, Build Your Fortune on GENG (https://geng.one)

1d agoburnking

Researchers Disclose Solana PoH Clock Attack Vulnerability: Transition Risk Unresolved Before Alpenglow Upgrades

Comparatively, according to CryptoSlate, researchers from USENIX Security publicly disclosed a clock attack vulnerability targeting Solana's Proof of History (PoH) mechanism, which was privately reported to the Solana development team as early as December 2025. Research shows that malicious scheduling leaders can manipulate the PoH logical clock by “re-anchoring” to slow down logical time progress, thereby obtaining a longer transaction selection window in physical time, and using the TowerBFT fork selection mechanism to isolate blocks of honest leaders, attackers require less than 33% of the staking ratio. Anza's 50,000 SOL Alpenglow security competition ended on August 19, but since the contest rules excluded “behavior that can only be triggered when Alpenglow is not activated,” the bug was not included in the review. The Solana development team said they are aware of the relevant behavior, believe the most severe scenarios are less likely to occur under current conditions, and they expect the Alpenglow upgrade to fundamentally eliminate the preconditions for attacks. Currently, the Alpenglow code is included in the Agave 4.2 client, but it has not been activated on the main network. It is expected to be officially launched with Agave 4.3. Until then, the vulnerability's transition risks have yet to be publicly analyzed and responded to at the implementation level.

1d ago

Data: Giant whale wallets holding more than 1000 ETH were reduced by about 1.7 million in three months or used for staking

Compared to Twitter, data from the on-chain analysis platform Santiment shows that the largest wallets holding more than 1000 ETH decreased by a total of about 1.7 million ETH between May 20 and August 20, accounting for about 2.9% of this tier's holdings. Over the same period, the share of small wallets holding 1 to 10 ETH rose from 4.38% to 4.52%, up 65 trading days and down in 27 trading days. Santiment notes that only about 300,000 of the leaked ETH can be traced to lower-tier wallets, and most of the rest may have gone to staked or contract addresses. Top wallets include exchanges, cross-chain bridges, and staking contracts. Exchange ETH balances dropped from about 7.07 million to 6.54 million during this period. The giant whale wallet continues to shrink, and the exact whereabouts of the funds are yet to be further observed.

2d ago