The Sentinel Action Fund, supported by the Solana Foundation, will invest $8 million to aid Republican Senator Jon Husted in the Ohio Senate race against Sherrod Brown, who opposes crypto. Husted is known for advocating pro-crypto legislation.

The Russian "All-Russian People's Front" warns that scammers are forging donation documents to induce supporters of Iran to donate cryptocurrencies, claiming that the funds will be used to aid Ukrainian soldiers. The organization reiterates that all crypto fundraising activities in its name are scams, and legitimate donations can only be made through official website bank transfers. Meanwhile, Russian security agencies are stepping up efforts to combat related criminal activities. Cryptocurrencies are becoming increasingly important in the political and military funding flows in the Middle East, posing new security challenges for users.

Gate News Report, March 10 — According to Gate Market Data, at the time of press, HYPE (Hyperliquid) is trading at $34.33, up 12.38% in the past 24 hours. The highest price reached $35.33, while the lowest dipped to $29.53. The 24-hour trading volume is $509 million. The current market capitalization is approximately $8.842 billion, an increase of $974 million from yesterday. Recent important news about HYPE: 1️⃣ **Ongoing Inflation Management Mechanism Supports** The Hyper Foundation proposed removing 1 billion HYPE tokens from circulating supply, specifically by zeroing out the Hyperliquid aid fund. This reduction in circulating supply aims to improve token economics, alleviate long-term inflation pressure, and provide

The Japanese Financial Services Agency has released a draft of the cybersecurity enhancement guidelines, publicly soliciting opinions until March 11. The draft emphasizes the need to strengthen security management across the entire supply chain of encrypted exchanges to counter increasingly sophisticated cyberattacks, and proposes a three-pillar approach of "self-help, mutual aid, and public assistance."

The Spanish Red Cross has launched a blockchain aid distribution system called RedChain, aimed at digitizing the aid process, replacing paper vouchers with ERC-20 tokens, facilitating payments via mobile wallets and QR codes, while protecting beneficiaries' privacy and ensuring transparent flow of funds.

On January 22, stablecoin issuer Circle announced during the World Economic Forum in Davos, Switzerland, that it would make a donation to the United Nations to support the modernization of its internal payment systems. The goal is to make the flow of humanitarian aid funds faster, lower-cost, and more transparent. The funds will be allocated to the United Nations Digital Finance Solutions Center (DHoTS) to upgrade its global fund transfer infrastructure. Circle did not disclose the specific amount. This initiative builds on existing cooperation between the two parties. As early as 2022, Circle collaborated with the United Nations High Commissioner for Refugees (UNHCR) and DHoTS to distribute USDC stablecoins as aid to Ukrainians displaced by war, marking the first large-scale humanitarian use of stablecoins. Alexander De Croo, Director of the United Nations Development Programme (UNDP), pointed out that in the context of tight budgets, digital payments can significantly improve the efficiency of fund utilization and avoid delays and high costs associated with traditional banking systems.

Circle announces funding to the United Nations to support its digital financial infrastructure, aiming to improve the efficiency of humanitarian aid disbursements. This funding will streamline the UN's cross-border fund transfer processes, with the goal of making fund utilization more effective and providing more dignity and options for displaced persons.

BlockBeats News, December 26th, according to official sources, Hyperliquid Foundation announced that the tokens in the aid fund system address have been officially burned, accounting for 11.068% of the circulating supply. This governance vote used a consensus mechanism based on staked voting weight, with 85% of staked votes supporting the burn; 7% opposing; 8% abstaining.

Odaily News Hyper Foundation announced on the X platform that the HYPE in the assistance fund system address (0xfefefefefefefefefefefefefefefefefefefefe) has been officially confirmed as destroyed. This governance vote was based on a stake-weighted consensus, with 85% of the stakes voting in favor of the destruction, 7% opposing, and 8% abstaining.