Curve DAO has passed proposal 1492 on September 2, appointing yRisk as the risk provider for crvUSD and Llamalend, concluding a selection process that began in July. The proposal received 621 million veCRV in favor votes, with only 5.33 votes against, and was executed 87 minutes after voting ended. yRisk will receive a one-year renewable grant consisting of 125,000 frxUSD principal (deposited in sfrxUSD) and 568,000 CRV tokens, below its requested annual funding of $250,000. The two-person team describes itself as the primary developer of Resupply, a stablecoin and lending protocol built on crvUSD and CurveLend, which suffered a $9.6 million loss from a donation attack in June 2025 – though this incident was not mentioned in the proposal. Swiss Stake, the reviewing entity, acknowledged yRisk's Curve expertise but expressed concerns about its small team size and the workload of monitoring multiple Llamalend markets. The previous risk provider, LlamaRisk, ended its collaboration with Curve early on May 29, ceased operations on June 30, and returned approximately 270,000 crvUSD in unvested funds to the treasury.

BlackRock’s latest report, “Re-Underwriting Bitcoin: Still a Portfolio Diversifier,” revisits the case for Bitcoin after a drawdown of roughly 50% from its October 2025 peak. Rather than treating the decline as a verdict on the asset, the study looks at what happens when Bitcoin is added to a diversified portfolio and how much additional risk investors historically took on for the return they received. Using rolling 10-year backtests through May 29, 2026, BlackRock said a traditional 60/40 stock-bond portfolio delivered about 9.9% annualized returns with 10.1% annualized volatility. Adding a 1% Bitcoin allocation lifted annualized returns to about 10.9% with volatility at 10.3%, while a 2% allocation raised returns to about 11.8% with standard deviation at 10.6%. The Sharpe ratio improved from 0.81 to 0.96, while maximum drawdown moved from -20.3% to -20.9%. The firm did not label 1% or 2% as an optimal allocation. It said suitable exposure depends on liquidity needs, investment horizon, governance constraints, and risk tolerance. The report lands as BlackRock’s iShares Bitcoin Trust, IBIT, has become a major product for the company, with the ETF topping $50 billion in assets in less than a year after its January 2024 launch.

BlackRock’s latest research revisits Bitcoin after a roughly 50% decline from its October 2025 peak and argues that the asset’s role in diversified portfolios remains intact. Using a rolling 10-year analysis through May 29, 2026, the firm found that a traditional 60/40 stock-and-bond portfolio delivered about 9.9% annualized returns with 10.1% annualized standard deviation. Adding a 1% Bitcoin allocation lifted annualized returns to about 10.9% with volatility at roughly 10.3%, while a 2% allocation pushed returns to around 11.8% with standard deviation at about 10.6%. The Sharpe ratio improved from 0.81 to 0.96, and maximum drawdown moved only slightly from -20.3% to -20.9%. The report also sits alongside BlackRock’s direct market experience. Its iShares Bitcoin Trust (IBIT), launched in January 2024, gathered more than $50 billion in assets in less than a year, which BlackRock has described as the largest exchange-traded product launch in history. According to ETF holdings data cited in the article, U.S. spot Bitcoin ETFs now hold about 1.25 million BTC, nearly 6% of Bitcoin’s fixed 21 million supply, with IBIT alone accounting for roughly 775,000 BTC. For corporate finance leaders, the article says the debate is shifting away from whether Bitcoin is simply too volatile to own and toward position sizing, risk contribution, liquidity, drawdown, governance, and capital allocation discipline.

Hyperliquid opened permissionless deployment for HIP-4 on Aug. 29, moving its prediction-market product into a new phase and giving third-party builders direct access to launch markets on mainnet. Outcome became the first outside builder to deploy, listing more than 20 markets and surpassing $1 million in trading volume within two days, according to the article. Several KOLs who tested the product said Outcome’s fees were more than an order of magnitude lower than Polymarket’s in some cases. The launch has renewed debate over whether Hyperliquid can become a meaningful challenger to entrenched prediction-market platforms such as Polymarket and Kalshi. Artemis data cited in the report showed Kalshi handling roughly $9 billion in weekly volume versus about $2 billion for Polymarket, with the two platforms together accounting for more than 90% of market share. Hyperliquid, by contrast, remained far smaller even months after HIP-4 first went live in validator-deployed form. Still, HIP-4 introduces a structure that differs from standalone prediction-market venues: event contracts can share a unified margin account with spot and perpetual positions on Hyperliquid. Supporters see that as the key product edge. Critics point to the platform’s still-small market share, a user base that is heavily crypto-native, and open questions around liquidity, settlement under disputed outcomes, and whether fee advantages will hold across categories.

Bitcoin ownership among U.S. adults has moved ahead of gold, according to River Financial’s July research, but the shift does not mean bitcoin has matched gold in value or institutional standing. The report says 49.6 million American adults, or 18.6% of the population, now hold BTC, compared with 28.8 million gold holders, or 10.8%. That gap of nearly 21 million people points to a broader change in retail participation, while U.S. investors also account for about 42% of global bitcoin supply. American listed companies hold roughly 1.24 million BTC, equal to 92.7% of bitcoin held by public companies worldwide, and the U.S. government holds 328,372 BTC, mostly obtained through asset seizures, valued at more than $26 billion at CoinGecko prices. The piece also ties bitcoin’s positioning to a macro event on Aug. 19, when the U.S. Treasury said it would double liquidity-support buybacks for long-dated government bonds, raising the cap per operation from $2 billion to at least $4 billion for the period from Sept. 9 to Nov. 4. After the announcement, the U.S. dollar index fell about 0.9% to its lowest level since May 29, while gold rose about 2% to roughly $4,480 an ounce. The article argues that bitcoin and gold responded in tandem because both are viewed as alternatives to the dollar. Even so, it concludes that higher ownership alone is not the same as closing the value gap with gold, whose market capitalization remains much larger.

BitcoinTreasuries.NET said in a post on X that SATA, a Strive unit, raised enough funds on Thursday to purchase 177 BTC. The update also said Wednesday marked SATA’s fifth straight trading day at par value, the first time that had happened since May 29. Based on the figures cited in the post, SATA has acquired 645 BTC so far this week. That pace puts Strive in position to set its largest weekly Bitcoin-buying total since the merger. The information was cited by Odaily in a short market update, with no further details disclosed on the funding source or transaction terms.

Third-party data cited by BlockBeats shows Bitcoin’s Ahr999 indicator has moved out of the 「buy-the-dip」 zone and into the 「dollar-cost averaging range」 as the current rally continues. The indicator was reported at 0.5073 on Aug. 22. Looking back at this cycle, the Ahr999 buy-the-dip signal stayed active from May 29 to Aug. 19, when the reading remained below 0.45. That period lasted about 82 days. BlockBeats said the indicator is used as a reference for Bitcoin dollar-cost averaging investors making timing decisions. The outlet also noted that Ahr999 reflects the short-term return profile of Bitcoin DCA strategies and the degree to which Bitcoin’s price deviates from its expected valuation. Historically, Bitcoin has spent 655 days with the Ahr999 index below the 0.45 buy-the-dip line.

Trump Media’s new data product, Truth API, began generating business almost immediately after its Aug. 1 launch, with paying institutional clients already signed and monthly pricing reaching $100,000. The service delivers posts from Donald Trump’s account and nine other major Truth Social accounts within milliseconds, targeting hedge funds and algorithmic trading firms. At the same time, the company’s bitcoin treasury has drawn scrutiny after blockchain data cited by Lookonchain and Arkham showed transfers totaling 7,281 BTC to Crypto.com since the treasury strategy began, a flow valued at about $545 million using an average price of $74,855. Trump Media disputes any claim that the transfers were sales, saying the assets were moved but not sold. Filings also show that roughly 4,260.73 BTC were pledged as collateral for convertible notes and cannot be withdrawn or disposed of before covenant conditions are met, with restrictions lasting as late as May 29, 2028. The contrast between the two businesses has sharpened attention from lawmakers: Democrats in both chambers have asked the SEC to review whether Truth API raises insider trading, market manipulation, or ethics concerns, but the agency had not issued a substantive public response one week after launch.