
Flare Network has reformed its tokenomics through proposal FIP.16, reducing annual inflation from 5% to 3% and lowering the issuance cap. Since the upgrade in July, the amount of FLR staked has increased from approximately 16 billion to 21.5 billion, a rise of about 34%. The new model boosts the signing weight of P-chain staking and introduces a minimum delegation fee. Transaction fee burns have increased to over ten times pre-upgrade levels, and the FIRE protocol has collected $31,438 from four revenue streams since its launch in May. These changes aim to enhance network security and encourage long-term staking.
9 hours ago

Federal Reserve researchers propose a framework for incorporating stablecoins and other blockchain-based financial products into U.S. money supply statistics. The study suggests that payment-focused stablecoins might qualify for inclusion in M1 or M2: if mainly used for everyday payments, they could fall under M1; if used for short-term value storage, they'd fit the non-M1 part of M2. Tokenized bank deposits are already included in existing monetary aggregates as they remain traditional deposits, and retail tokenized money market funds are already part of M2 alongside traditional retail funds. However, stablecoin statistics face challenges such as reporting, double-counting of reserves, and global circulation. The authors emphasize that the paper reflects their personal views, not Federal Reserve policy.
2026-09-06

The Flare network has undergone a tokenomics overhaul through proposal FIP.16, which received 98.06% governance support. Changes include lowering the annual issuance cap and rate, increasing and burning transaction fees, and adjusting staking weights. Since implementation, FLR burn volume has increased, staking has risen, and network activity has begun generating revenue, potentially gradually replacing some inflationary incentives.
2026-09-06

Sony is asking a California federal judge to dismiss a class action seeking to share $508 million in anticipated U.S. government tariff refunds with PS5 buyers. Sony argues that paying fair market value for voluntarily purchased goods is not legally cognizable harm and calls the claim that tariffs caused an August 2025 price hike 'speculative and illogical.' Microsoft and Nintendo filed similar motions, while Playdate maker Panic chose to pass tariff refunds to customers. The article also mentions Sony's stance on digital game ownership and stablecoin payments for games.
2026-09-03

SOL Strategies CEO Michael Hubbard says Solana's move to double the speed of its annual inflation reduction (proposal SGP-0002) is premature, questioning whether the impact on network participants is fully understood. He argues that the current 4% to 4.5% inflation rate is not extreme, issuance is not the main factor suppressing SOL's price, and cutting issuance won't have an immediate measurable effect. He also disputes the counting of abstentions in another fee vote. The proposal narrowly passed with 67% support, just above Solana's two-thirds threshold.
2026-09-02

Gold fell toward $4,300 an ounce on September 2, pressured by rising U.S. Treasury yields, a stronger dollar, and renewed expectations of Federal Reserve rate hikes. Spot gold dropped from around $4,450 on September 1 to about $4,325, extending losses in Asian trading to hit a two-week low. The article notes that inflation concerns from higher oil prices pushed bond yields and rate expectations up, outweighing gold's safe-haven demand. Since gold pays no interest, higher yields increase the opportunity cost of holding it. Additionally, a stronger dollar makes gold more expensive for other currency holders. U.S.-Iran tensions boosted oil prices, fueling inflation worries that could prompt further Fed tightening. Currently, the rate channel dominates; if bond yields retreat, gold may regain its safe-haven appeal.
2026-09-02

In his Jackson Hole speech, Fed Chair Kevin Warsh focused on AI's economic impact, calling it a 'hinge point in history.' He noted that annual token sales from two major AI labs exceeded $100 billion, up over 500% year-over-year, and confirmed the Fed views AI as a 'potential new factor of production.' Warsh emphasized monitoring the 'second derivative' of AI capital expenditure growth, and mentioned that business investment is growing at its fastest pace since 2021, with over half tied to AI. He believes AI progress is exceeding expectations and could lead to higher growth.
2026-08-28

On August 27, DeFi Development Corp. purchased approximately 19,000 SOL at an average price of $98.14, totaling about $1.86 million, increasing its SOL and equivalents reserves to approximately 2.333 million. Part of the funding came from the divestiture of ZeroStack assets, and the newly acquired SOL will be used for staking and on-chain treasury operations. Following the announcement, DFDV shares rose, while SOL fluctuated in the broader crypto market. Management emphasized that its liquidity and performance comparisons are based on public market data, not audit results.
2026-08-28

Researchers at the Federal Reserve Bank of Dallas warn that widespread adoption of tokenized deposits could reduce U.S. banks' lending capacity by about $580 billion. Faster transfers would shorten the time customer funds remain in banks and make deposits more rate-sensitive. The report notes that a 10% reduction in average deposit life could lower banks' maturity transformation capacity by roughly $580 billion, while increasing deposit volatility and prompting banks to hold more liquid assets. The study explores the potential impact of large-scale tokenized deposit adoption but does not predict whether it will occur.
2026-08-28

Truflation calls for a Federal Reserve rate cut after its July PCE forecast closely matched official figures. The Bureau of Economic Analysis reported a 0.2% monthly rise in PCE, with the annual rate holding at 3.7%; core PCE rose 0.2% monthly and 3.3% annually. Truflation's data chief Oliver Rust says weak consumer spending, falling gas prices, and mixed labor data support a cut. Despite Fed officials' concerns about inflation pressures from services, wages, and tariffs, Truflation believes a turning point has been reached, necessitating a rate cut to address softening demand.
2026-08-27