Ethereum Foundation Warns: Glamsterdam Upgrade May Cause Some Wallets and Tools to Stop Working

According to Taiwan Economic Daily, power semiconductor manufacturers in Taiwan, China are planning a third round of price adjustments, with non-contract products set to see a 10% to 15% price hike as early as October. Industry insiders are optimistic that firms including Taiwan Semiconductor, Alpha and Omega Semiconductor, and Delta Microelectronics will achieve both volume and price growth in their operations in the second half of the year. (Jinshi)

According to Bitget market data, South Korea’s KOSPI index closed 1.55% lower at 6869.80 points. Samsung Electronics fell 2.19%, while SK Hynix rose 1.03%. Japan’s Nikkei 225 index closed 2.54% lower at 67460.73 points.

On the Sui blockchain, DeFi project NAVI Protocol has officially launched the NAVI Prime lending framework, becoming the first project in the Sui ecosystem to roll out curator-managed lending vaults. NAVI Protocol went live on Sui mainnet in 2023, with a historical peak total value locked (TVL) exceeding $1 billion, over 1.1 million cumulative users, and stands as one of the first lending protocols in the Move ecosystem to implement the isolated risk pool model. NAVI Prime adopts a curator-led lending model similar to Morpho, designed for institutional-grade risk standards and deep liquidity. It was developed over four months and completed more than three independent security audits. This week, NAVI Protocol will release a full launch announcement jointly with the Sui official team. Traditional DeFi lending typically mixes risk assets into a single pool, making risk isolation challenging. NAVI Prime leverages independently curated lending markets, assigning separate risk frameworks, collateral valuation methods, and market parameters for different asset allocations, enabling modular management that enhances capital efficiency while reducing cross-market risk contagion. The launch of NAVI Prime marks the Sui lending ecosystem advancing toward a more mature and specialized direction, and provides institutional capital entering the Sui DeFi ecosystem with infrastructure more aligned with traditional financial risk control standards.

A-share Changxin Technology currently has a trading volume exceeding 20 billion yuan, and is now down 4.8%.

According to market data from BIT (Bit.com), US stock futures are trending lower: Nasdaq 100 futures fell more than 1%, S&P 500 futures dropped 0.5%, and Dow futures declined 0.2%.

According to National Business Daily, after requiring new account applicants to confirm their funds come from legal overseas sources, some Hong Kong banks have begun initiating fund source declaration procedures for existing mainland Chinese investment clients. Reporters learned that HSBC Hong Kong has recently sent notices to some of its existing mainland Chinese investment clients, requiring them to submit the "Account Opening/Maintenance Declaration" via the HSBC Hong Kong App by September 12 and update their contact information. The declaration requires confirmation that investment funds originate from legal sources outside mainland China, and that the bank may disclose personal information upon request from law enforcement or regulatory authorities. The notice also states that failure to submit the declaration by August 20 may lead to suspension of investment-related services, while non-submission by September 12 may result in termination of such services. In an exclusive response to National Business Daily on August 18, an HSBC spokesperson said: "When managing investment client relationships, we adhere to relevant regulatory requirements. We are therefore inviting relevant mainland Chinese investors to provide self-declarations and confirm that the information they submitted under 'Know Your Customer' and 'Customer Due Diligence' is up-to-date and valid. This move helps us continue to deliver uninterrupted services to our clients." HSBC emphasized that the latest declaration requirement only applies to investment service clients.