The US Securities and Exchange Commission updates the FAQ on token buybacks, stating that no centralized entity is involved or does not constitute an investment contract

Goldman Sachs introduced FTIXX, a US treasury bond bond fund with a scale of about US $100 billion, into the digital asset institution market. The fund was not tokenized. It provided access channels through the Lynq network, and the transactions were handled by tZERO Securities. FTIXX is Lynq's first external fund, providing companies using Lynq with the option to deposit cash during trading breaks and earn profits, which can be withdrawn at any time.

A certain smart money address bought 10.26 million Niulai at a price of 0.02892 US dollars on August 17th. After holding for 44 days, all the tokens were deposited into Binance, with a value of 1.181 million US dollars. If sold, the profit would exceed 885000 US dollars. The address had previously had a floating profit of 1.365 million US dollars.

Address 0x248... A6990 once bought 10.26 million Bull tokens for $0.02892 on August 17th, and after holding them for 44 days, recharged all tokens to Binance, valued at $1.181 million. The transaction earned $885000, with a previous floating profit of $1.365 million. (Auntie Ai)

The US SEC has updated its FAQs on cryptocurrencies, clarifying that if there is no central entity behind token repurchases, the relevant arrangements usually do not constitute investment contracts. (Source: Eleanor Terrett)

Aave founder Stani Kulechov stated that he is considering adding a token destruction mechanism in Aavenomics 3.0, utilizing protocol revenue to continuously repurchase AAVE, and transforming repurchases into an automated and on chain normal mechanism.