Headlines

Solana Governance Proposal Could Increase Daily SOL Burns More Than 10-Fold While Reducing Inflation

Solana validators are moving closer to advancing a governance proposal that could significantly reshape the network’s tokenomics by dramatically increasing the amount of SOL permanently removed from circulation while accelerating the reduction of new token issuance. The proposal, SGP-0003, combines two previously introduced Solana Improvement Documents (SIMDs) into a single governance package designed to tighten…

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Proof of Play Shuts Down Despite a16z Backing

Proof of Play, the Andreessen Horowitz (a16z)-backed Web3 gaming studio behind the fully on-chain RPG Pirate Nation, is shutting down after concluding it could not build a scalable and sustainable blockchain gaming business, marking another high-profile setback for the Web3 gaming industry. The company announced on Aug. 4 that it will cease operations after failing…

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China Says It Cracked the Chipmaking Tech the West Spent Billions Trying to Keep From It

Key Takeaways Chinese Academy hit 3.42% EUV efficiency in 2025, narrowing ASML’s chipmaking lead. ASML’s 2019 China ban still limits sub-7nm chips, pushing domestic EUV efforts toward 2028. Alibaba unveiled 2.4T-parameter Qwen3.8 as T-Head expands post-CUDA AI tools in 2026. The most valuable bottleneck in advanced chipmaking is the EUV light source, and for years…

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Putin signs law opening regulated crypto trading in Russia

Russian President Vladimir Putin signed a comprehensive digital asset law on Aug. 4, creating a regulated route for retail and qualified investors to trade cryptocurrencies through approved intermediaries.  Summary Russia will allow tested retail investors to buy liquid cryptocurrencies through regulated intermediaries from September. Nonqualified investors face a 300,000 ruble annual purchase cap through each…

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