The TRUMP team sold 1.1 million TRUMP tokens via unilateral liquidity, cashing out $2.94 million.

Samsung Electronics fell 8% in early trading this week after unveiling a record $79 billion shareholder return plan, but the market was disappointed as it had expected the company to distribute more cash gains from the AI boom to shareholders and clarify its share repurchase program further. The South Korean tech giant announced last Friday that this year’s total shareholder return will range from 90 trillion to 110 trillion won, including a 30 trillion won cash dividend in the third quarter. Eugene Securities analyst Sohn In-joon said: “Samsung Electronics neither mentioned the possibility of raising its existing shareholder return policy nor announced a plan to cancel treasury stock, which is disappointing.” Morgan Stanley noted that investors need to watch how Samsung will allocate the remaining 60 trillion to 80 trillion won in January next year, as well as the next phase of its capital return framework set to take effect next year. (Jinshi)

As markets await US Treasury Secretary Scott Bessent’s announcement of new sanctions targeting Iran, international oil prices edged lower on Monday. WTI crude futures fell roughly 1.3% to $85.93 per barrel, while Brent crude dropped 1.24% to $93.22 per barrel. Bessent had earlier stated that the US would launch the “largest-ever financial offensive” against Iran, pushing allies and other countries to sever economic ties with Tehran. Iran, for its part, has said it is capable of withstanding the sanctions and maintaining its foreign economic relations. The Commonwealth Bank of Australia forecasts that if the US’s efforts to economically isolate Iran succeed, the risk of Tehran taking more drastic actions could rise, further exacerbating volatility in energy markets.

Data from Token Terminal shows that over the past seven days, the total supply of stablecoins issued by Circle rose by $1.7 billion, nearly five times the $357.3 million increment of assets issued by Ripple. Stablecoins from Tether increased by $202.2 million, placing Tether third among stablecoin issuers by increment. Turning to public chains, Tron recorded the largest growth in stablecoin market cap, adding $950 million over the period; HyperEVM and Solana saw gains of $614.7 million and $407.4 million respectively, bringing the combined increment for the three chains to $1.97 billion.

According to CNBC, after the collapse of US-Canada trade talks, the U.S. has imposed a 50% tariff on certain Canadian goods. Canadian Prime Minister Mark Carney said he will take "tit-for-tat" measures, planning to levy retaliatory tariffs on U.S. goods starting September 8. Meanwhile, U.S. Treasury Secretary Scott Bessent is expected to announce sweeping sanctions against Iran on Monday, describing it as the "largest financial offensive in U.S. history" against an adversary. In markets, U.S. stock futures fell on Sunday amid continued rises in long-dated U.S. Treasury yields: the 30-year Treasury yield climbed to 5.273%, while the 10-year yield rose to around 4.734%. Additionally, AI firm Anthropic is planning an initial public offering (IPO), and its IPO filings are expected to list public opposition to AI and data center expansion as a key risk factor.

Bithumb announced it will launch a new PROM Korean won (KRW) trading market, supporting Ethereum network-based deposits and withdrawals. Trading is scheduled to commence at 13:00 on August 24, with a base price of 3975 KRW. Deposits and withdrawals are expected to open within two hours of the announcement.

According to HTX market data, HYPE briefly broke through $83 this morning, marking a fresh all-time high. It has since pulled back to $80.48, posting a more than 40% gain over the past seven days.