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Citi plans to offer Bitcoin custody services for institutional clients through its Custody+ platform later this year. This service will integrate Bitcoin with traditional assets such as stocks and bonds within the same custody framework, allowing clients to access custody, settlement, foreign exchange, cash, and liquidity services through a single system. Bitcoin will be the first digital asset supported by Citi's new custody service, and Citi has not yet announced a specific launch date or the list of initial clients.Custody+ is launched by Citi Investor Services, and Citi's custody business covers over 100 markets, operating its own custody network in 62 markets. Citi states that its goal is for banks to self-custody native digital assets rather than relying solely on external exchanges or other digital asset companies. The project has been in development for about two to three years, with Citi first disclosing related plans in 2025. Custody+ will provide real-time settlement, foreign exchange services, automated hedging, cash management, and liquidity tools. The Single Event Processing in its custody system currently processes over 80% of event volume in real-time; in the U.S., this system has reduced the processing time for some voluntary corporate actions by up to 92%, with 96% of related events completed within two hours. Chris Cox, head of Citi Investor Services, stated that Citi invests over $2 billion annually in its Services platform.

According to on-chain detective Specter, the victim claims to have transferred funds from Bitcoin to Ethereum due to a hack on Coldcard. However, on-chain data shows that 73 BTC (worth $4.6 million) originally came from the Whirlpool mixer two weeks ago, with some of it crossing over to Ethereum and subsequently deposited through a phishing Tornado Cash interface.Two mixers were used during the related fund transfer process. The individual was also found to be present in Telegram groups related to private key searches and brute force cracking. On-chain detective Specter indicates that the victim may be a threat actor, and their funds may have also been stolen by another threat actor.

GnosisDAO approved the transformation of the blockchain network Gnosis Chain from an independent Layer 1 network to a zero-knowledge proof Ethereum Economic Zone (EEZ) Rollup. The network will eliminate the independent validator set and instead have Ethereum validators complete transaction settlements.The proposal received support from 123,158 GNO, 115 against, and 151 abstentions, with voting involving 54 participants and a total participation of 123,425 GNO, exceeding the quorum threshold of 75,000 GNO. The upgrade is tentatively planned to start at the end of 2026 or the beginning of 2027, depending on the readiness of EEZ technology.After the upgrade, Gnosis Chain's native smart contracts can call Ethereum in the same transaction and use the returned results, while also accessing Ethereum mainnet assets and liquidity. Gnosis Chain will become the first deployed EEZ instance and will retain existing applications, balances, and xDAI fuel tokens.

Japan's Bitcoin treasury company Metaplanet will inject 2,100 bitcoins and $2.5 million in cash into the Nasdaq-listed company Super League Enterprise, with a total initial investment of approximately $134.6 million. After the transaction is completed, Super League Enterprise will be renamed Superplanet Inc. and become a subsidiary of Metaplanet; Metaplanet is expected to hold about 93.6% of its issued common stock and acquire 44.86 million shares of common stock, preferred stock, and warrants.Superplanet will continue to be listed on Nasdaq and retain its original gaming and media business, with the transaction adopting a private placement structure. Metaplanet has agreed to a five-year lock-up period, and Superplanet will raise funds from U.S. investors, while Metaplanet continues to finance through the Japanese market. Metaplanet currently holds 43,000 bitcoins, and this injection accounts for approximately 4.9% of its holdings. After the transaction is completed, Superplanet will operate as its Bitcoin treasury platform aimed at the U.S. market.

Yesterday, the cryptocurrency market experienced the strongest single-day performance of the year. Bitcoin reached a high of $70,000, marking the first time in two months; Ethereum peaked at $2,300; Solana rose by about 12%. The Bitget Research Institute analyzed that the core driving force behind this round of market activity comes from a dual breakthrough in policy and regulation: the White House convened a meeting with the president, executives from the cryptocurrency industry, and heads of the SEC and CFTC, marking the formal entry of digital assets into the national financial strategy discussion level; on the same day, the SEC proposed "Regulation Crypto Assets," establishing a clear channel for token financing and introducing the "investment contract safe harbor" mechanism for the first time, which is expected to promote the emergence of more U.S.-native projects.From a market structure perspective, when the first two catalysts were realized, the market was in a bearish position, and the price increase triggered a chain reaction of liquidations. On that day, 126,000 traders across the network had a total of $1.92 billion in positions liquidated, setting a record for the largest short liquidation day in history, further amplifying the price increase. The Bitget Research Institute believes that since a considerable proportion of this round of price increase comes from concentrated short liquidations rather than spot buying, there is a short-term pressure for market correction. However, from a medium to long-term perspective, the cryptocurrency market is迎来政策与流动性的双重转折点, with the clarification of regulatory pathways and the improvement of the long-end liquidity environment together forming the foundation for a new cycle.

According to Onchain Lens monitoring, a HYPE investor made a profit of $1.24 million within two months. They deposited 47,000 HYPE (approximately $3.35 million) into FalconX, possibly preparing to sell.In the past two months, the wallet has cumulatively purchased 178,700 HYPE (approximately $11.5 million) from FalconX, and the estimated unrealized profit is about $1.24 million.

According to Onchain Lens monitoring, Multicoin Capital (0x57C...174B) deposited 62,730 HYPE to Coinbase Prime 45 minutes ago, worth 4.37 million dollars.

According to PR Newswire, cryptocurrency institutional broker FalconX announced a $1 billion secured loan financing mechanism in collaboration with the stablecoin protocol Ethena. The two parties will utilize Ethena USDe reserve assets through a special purpose vehicle (SPV) to provide over-collateralized credit services to institutional clients.According to the announcement, this financing mechanism will connect Ethena's on-chain liquid assets with FalconX's institutional lending demand, driving on-chain capital into the traditional credit market. The loan assets will be held by qualified custodians, while FalconX will be responsible for asset origination, loan servicing, and collateral management.Ethena is the developer of the stablecoin protocol USDe. USDe maintains its dollar-pegged stability through crypto asset collateralization and hedging mechanisms, and has already partnered with several centralized exchanges and DeFi protocols. FalconX is a digital asset prime broker aimed at institutional investors, providing trading, financing, and liquidity services.

According to Newsroom, PayPal and Venmo are expanding into the tuition payment sector through a new integration service, partnering with three major education payment platforms.

According to the Dong-A Ilbo, Samsung Electronics plans to expand the core project of the P5 1·2 factory (Fab 5·6) in Pyeongtaek, Gyeonggi Province, from a dual-layer wafer factory to a three-layer wafer factory to respond to the global artificial intelligence semiconductor and memory supercycle and maximize production capacity. Samsung Electronics has recently submitted a plan to change the industrial park, proposing to increase the floor area ratio from 350% to a maximum of 490%. This change must be reviewed by the Gyeonggi Province governor and approved by the Ministry of Land, Infrastructure and Transport's industrial site policy review committee before it can be finalized.The Pyeongtaek P5 1·2 factory is the largest semiconductor factory in the world under a single standard, which began construction in 2022 and aims to be completed by 2030. It will produce high bandwidth memory (HBM), high-end DRAM, next-generation V-NAND, and advanced foundry products. The currently operational Pyeongtaek P4 uses a dual-layer structure with four clean rooms in a single building; if the change is approved, P5 will be configured with up to six clean rooms, and the number of clean rooms and production capacity is expected to increase by about 1.5 times. SK Hynix also plans to use a three-layer structure for all newly constructed wafer factories in the Yongin semiconductor cluster.Market research firm Counterpoint Research expects the global memory market size to increase from approximately 360 trillion won last year to 1,500 trillion won this year and 2,100 trillion won next year. In the context of increasingly difficult access to electricity, water, and land, increasing the floor area ratio to build three-layer wafer factories has become an important path to overcome the physical limitations of limited space and rely on the existing semiconductor industry ecosystem.

The long-established public chain Gnosis Chain's proposal GIP-153 to transform from a sovereign independent L1 to a highly aligned Ethereum L2 has officially been approved. On the eve of the voting deadline, several official affiliated addresses, including Gnosis co-founder StefanDGeorge, concentrated their votes in favor, successfully meeting the quorum requirement. This proposal was jointly initiated by Gnosis founder tw_tter and core members, aiming to free Gnosis Chain from the traditional PoS L1's insufficient security and inflation subsidy drawbacks, directly inheriting the security of Ethereum validators, and becoming the first to achieve synchronous composability as an Ethereum L2.

According to monitoring by Lookonchain, a certain whale (0x6910...feda) deposited 2 million USDC into Hyperliquid and placed a limit order to buy 55,556 UNITREE at a price of 90 dollars, with a nominal value of approximately 5 million dollars.

According to Bloomberg, the U.S. Department of Justice is conducting an antitrust investigation into Silicon Valley's top venture capital firm Andreessen Horowitz (a16z), focusing on its partners serving on the boards of multiple AI companies that are in competition with each other—co-founder Ben Horowitz serves on the board of Databricks, and partner Martin Casado serves on the board of Fivetran, with both companies competing in the data processing field.Casado previously also served on the board of dbt labs (acquired by Fivetran in June). This investigation has been ongoing for nearly a year, starting with the antitrust review of Fivetran's acquisition of dbt labs. Although the acquisition has been unconditionally approved, the investigation into the board positions continues. Such investigations typically end with board members resigning. a16z has close ties to the Trump administration, with both founders donating millions to the Trump campaign in 2024 and successfully pushing for the weakening of safety barriers in AI policy. a16z manages assets totaling $90 billion and recently raised a $15 billion fund, with a portfolio that includes SpaceX, OpenAI, and Cursor, among others.

Centrifuge released governance proposal CP172 on August 18, exploring the feasibility of converting CFG tokens into company equity. The proposal states that Centrifuge's current business has shifted towards institutional infrastructure, and the original token structure restricts partner expansion and capital raising. It proposes to offer eligible CFG holders the option to convert their tokens into equity.The core details of the proposal include: 1 CFG can be exchanged for 1 share of Centrifuge Inc. equity, which will be recorded in a tokenized form; qualified holders with more than 100,000 CFG can directly enter the shareholder register, while holders below this threshold are proposed to participate through CoinList's trust structure, with no additional fees or minimum requirements; holders who do not participate in the conversion can continue to hold or sell their tokens, and the team, community, and partners will receive the same class of shares. The proposal is currently in the Request for Comments (RFC) stage for 14 days and will proceed only after board approval and governance voting.It is reported that Centrifuge is an open decentralized infrastructure for on-chain asset management and real-world asset (RWA) tokenization. The platform enables asset management companies to tokenize institutional-grade assets (such as credit, real estate, and government bonds) into freely transferable tokens for use in the DeFi ecosystem. Its core components include a compliant asset origination framework, Anemoy (a full-service fund architecture asset management division), and index proof (PoI) infrastructure for tokenizing structured financial products (such as S&P 500 index funds).

Yield Guild Games (YGG) announced the official launch of YGG 3.0, transforming from a Web3 gaming pioneer into a cross-domain infrastructure layer, providing a platform for various communities to organize manpower, skills, and capital, covering digital economy collaboration.The core of YGG 3.0 includes the Guild Protocol open framework, composed of three main components: Guilds (social), Assets (capital), and Activities (operations), promoting decentralized networks to become productive economic engines; in terms of World Model Training, the guild collects human spatial data to serve physical AI and robotics, and distributes collection tasks through the @yggalerts task platform.In addition, YGG provides a human coordination layer for AI-assisted game development for @vibecode_game, responsible for playtesting, curation, and ranking; Institutional DeFi supports professional independent guilds in managing idle capital through automated, risk-controlled yield strategies.

According to Onchain Lens monitoring, a certain whale deposited 984,600 LINK into Coinbase two hours ago, worth approximately 9.23 million USD, suspected to be for sale.This whale has accumulated about 2.41 million LINK from Binance over the past month and currently holds 1.43 million LINK, worth approximately 13.43 million USD, with an expected unrealized profit of 1.42 million USD.

According to Crypto.News, the investigation that was previously suspended due to large gifts related to cryptocurrency has resumed after Nigel Farage, leader of the Reform Party in the UK, was re-elected as the MP for the Clacton constituency. The parliamentary commissioner is investigating whether he failed to register financial interests as required, focusing on a personal grant of approximately £5 million (about $6.7 million) from billionaire investor and Tether-related shareholder Christopher Harborne; as well as benefits such as staff, security, transportation, and accommodation provided by long-time advisor George Cottrell, who was previously sentenced for a money laundering-related case in the U.S.Nigel Farage's resignation during his term led to the suspension of the investigation, and he insists that he did not violate any rules, claiming that the money was an unconditional personal gift, part of which was used for security expenses. His by-election victory has allowed him to become an MP again, and the investigation has therefore continued.

The UK's Parliamentary Commissioner for Standards has resumed the investigation into Reform Party leader Nigel Farage's acceptance of donations from the cryptocurrency industry, involving an amount of 6.7 million dollars.