🚨 INTERESTING: The ETH supply increased by over 20,125 ETH in the past 7 days.

🔥 NEW: Ethena Foundation proposes using 95% of net protocol revenue to buy back ENA once USDe supply reaches $7.5B.

🇻🇪 BIG: The U.S. is reportedly close to a deal for an ownership stake in Venezuelan oil fields holding 90 billion barrels of proven reserves, according to Axios.

🔥 BIG: Tokenized real-world assets have reached a $44.7B market cap, with $2.9B deployed in DeFi and $321.8M traded on DEXs over the past 24 hours.

🔥 UPDATE: Grayscale is allocating its full first first-year management fee to $ZEC awareness, and education, says Barry Silbert.

🚨 LATEST: Kalshi traders give a 56% chance that Treasury yields will stay elevated through year-end, despite Bessent’s bond-buyback plan.

🔥 UPDATE: Japanese investors net bought over ¥5T in foreign stocks and bonds in the two weeks ended Aug. 15.

🚨 UPDATE: Harmony says its rollback is complete and the network is operating normally.

🇦🇪 UPDATE: UAE authorities detained and later released two Binance employees during an inquiry into third-party fund flows, per NY Times.

🇺🇸 BIG: Treasury Secretary Scott Bessent said the Treasury could increase its long-dated debt buybacks beyond $4 billion per issue as it looks to support liquidity and address surging yields.