Institutional investors have long been conditioned to chase the illiquidity premium, believing that locking up capital in private equity, credit, or venture will yield superior returns. However, according to Jeff Park, Active Portfolio Manager at Bitwise Asset Management and CIO at ProCap BTC, this framework does not translate well into crypto. Bitwise Says Institutions Need to Rethink Their Crypto Playbook Instead, Park advocates for liquid alpha, saying that this makes digital assets unique and institutions are missing out. Park made these remarks in a post, drawing on the legacy of David Swensen, the legendary Yale Endowment CIO source: https://beincrypto.com/bitwise-institutions-overlooking-cryptos-advantage/

Many people in China save instead of spend because the stock market has been weak for years. Families keep cash in the bank, and even leaders like Xi Jinping or Donald Trump would struggle to change that. Even after the recent rebound, China’s main stock indexes are only back to where they were after the […] source: https://www.cryptopolitan.com/xi-and-trump-struggle-to-make-china-spend/

OKB surged 38% in 24 hours, hitting a local high of $131 amid rising Open Interest. source: https://ambcrypto.com/okbs-correction-ahead-a-dip-to-92-7-is-possible-if-this-happens/

Central bank stimulus in China and global investors’ response to recession fears will determine if altseason continues. source: https://cointelegraph.com/news/altseason-s-next-step-depends-on-china-stimulus-investors-response-to-recession-fears?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The market for tokenized assets has quietly reached a new milestone, with assets under management (AUM) soaring to an all-time high. This surge highlights how Ethereum’s infrastructure increasingly becomes the settlement layer of choice for stablecoins and institutional-grade tokenization. Tokenization Reaches Historic Scale Token Terminal reports that the AUM of tokenized assets is at an all-time high of approximately $270 billion. Tokenized Assets AuM source: https://beincrypto.com/tokenized-assets-hit-270-billion-record-ethereum/

토큰화된 자산 시장이 조용히 새로운 이정표에 도달했습니다. 운용 자산(AUM)이 사상 최고치를 기록했습니다. 이 급증은 이더리움의 인프라가 스테이블코인과 기관급 토큰화의 결제 계층으로 점점 더 선택되고 있음을 강조합니다. 토큰화, 역사적 규모 도달 토큰 터미널에 따르면 토큰화된 자산의 AUM은 약 2천7백억 달러로 사상 최고치를 기록했습니다 source: https://kr.beincrypto.com/base-news/126182/

دخل مقترح سولانا ألبينجلو التوافقي مرحلة التصويت المجتمعي هذا الأسبوع. كان هذا بمثابة خطوة كبيرة نحو استبدال نظام TowerBFT الحالي بنموذج أسرع وأكثر مرونة. قدمت الترقية أيضًا الدوار، وهي طريقة جديدة لانتشار الكتل، مع فوائد محتملة لتطبيقات DApps وقيمة الرمز المميز source: https://www.thecoinrepublic.com/ar/2025/08/17/%d9%85%d9%82%d8%aa%d8%b1%d8%ad-%d8%a5%d8%ac%d9%85%d8%a7%d8%b9-%d8%b3%d9%88%d9%84%d8%a7%d9%86%d8%a7-%d8%a3%d9%84%d8%a8%d9%8a%d9%86%d8%ac%d9%84%d9%88-%d9%8a%d8%af%d8%ae%d9%84-%d9%85%d8%b1%d8%ad%d9%84/

Solana Alpenglow consensus proposal entered its community voting phase this week. This marked a major step toward replacing the current TowerBFT system with a faster and more resilient model. The upgrade also introduced Rotor, a new block propagation method, with possible benefits for DApps and token value source: https://www.thecoinrepublic.com/2025/08/17/solana-alpenglow-consensus-proposal-enters-community-voting-stage-heres-the-big-catch/

The community for Qubic, an AI-focused blockchain project, voted to target the Dogecoin network over Zcash and Kaspa by a wide margin. source: https://cointelegraph.com/news/qubic-monero-51percent-attacker-target-doge-next?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The Russian-linked and now operating under a different name trading platform is targeted by American authorities who are after people of power within the organization. source: https://cryptopotato.com/us-doj-with-a-bounty-totaling-up-to-6m-for-defunct-exchange-garantex-leaders/

稳定币链,稳定币,项目,盘点7大稳定币专用链：忘记L2之争 Tether等项目已开辟支付新战场 金色财经,当前的加密货币领域竞争格局正在发生变化。

金色周刊是金色财经推出的一档每周区块链行业总结栏目，内容涵盖一周重点新闻、矿业信息、项目动态、技术进展等行业动态。

孙宇晨,Tron,加密货币,孙宇晨：风暴眼中的建筑师 金色财经,曾来自被告席的「加密摄政王」。

量子计算,量子技术,BTC,比特币的量子飞跃：2030 年将如何改变一切 金色财经,比特币升级量子抗性，引领去中心化未来。

ETH,ETF,行情,对话华尔街神算子 Tom Lee：公司财库模式优于传统 ETF 以太坊将迎比特币式爆发增长 金色财经,以太坊或在迎来自己的“主权叙事时刻”。

Roman Storm的案件也许会决定加密行业的未来。

金色财经推出加密货币和区块链行业早报《金色早8点》2788期，为您提供最新、最快的数字货币和区块链行业新闻。

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近日，加密货币交易所BTCTurk发布公告确认被黑客攻击，多个链上热钱包异常流出资金超4800万美元。

该指引将托管描述为代表客户持有数字资产，同时强调这并不产生新的监管要求。