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According to CertiK monitoring, Term Labs suffered a governance attack, resulting in a loss of approximately 8.5 million dollars in assets. Currently, the attacker's address holds 2,843 ETH (approximately 7.1 million dollars) and about 1.6 million DAI.

According to CoinGlass data, the weighted funding rates for BTC positions and trading volume are 0.0097% and 0.0091%, respectively, both in the neutral range; the two weighted funding rates for ETH are 0.0111% and 0.0123%, both above the 0.01% benchmark rate, entering the bullish range.Although the spot price of ETH has dropped more significantly, the bullish sentiment in its contract market is still clearly stronger than that of BTC. Funding rates are the rates set by cryptocurrency trading platforms to maintain the balance between perpetual contract prices and the prices of underlying assets, serving as a mechanism for the exchange of funds between long and short traders. When the funding rate is 0.01%, it indicates the benchmark rate; above 0.01% represents a generally bullish market, while below 0.005% indicates a generally bearish market.

Bitcoin recently rose to a monthly high, with Bitfinex analysts stating that this round of market activity is primarily driven by spot buying and short covering, rather than new leveraged funds, thus providing a longer duration compared to typical short squeeze scenarios. As investors who bought Bitcoin in the past five months are currently in a profit state, the main risk of the current upward trend comes from profit-taking chips flowing into trading platforms.Bitfinex believes that the U.S. Treasury's announcement on August 19 to expand the scale of long-term bond repurchases is an important factor driving the recent market activity. The initial phase of this rise was indeed driven by short liquidations. On the same day, the U.S. spot Bitcoin ETF recorded an inflow of $297.6 million. However, the subsequent price increase mainly came from spot buying. From the position structure, while Bitcoin prices rose by 10% to 11%, open interest (OI) only increased by about 4%, indicating that spot demand and short covering played a major role, while the impact of leveraged funds was limited.Bitfinex pointed out that the $68,000 to $69,000 range is currently an important support level, close to the average cost of buyers over the past five months. If Bitcoin maintains above this level, it will keep these investors in a profitable state, reducing the pressure of previously trapped chips selling during rebounds. In terms of funds, the U.S. spot Bitcoin ETF saw an inflow of $606.29 million on August 20, the largest single-day inflow since May 1, with BlackRock's IBIT contributing about 82%. Bitfinex stated that if fund inflows continue for a week, it will further strengthen the market demand structure.However, Bitfinex warns that the current biggest risk is a large amount of profitable Bitcoin flowing into trading platforms, which could trigger the largest profit-taking market since 2026. Analysts indicate that if real yields rise again to levels that previously suppressed Bitcoin from falling below $65,000, macro factors could still quickly impact the market.

According to The New York Times, in March 2022, Sylwester Suszek, the founder of the Polish cryptocurrency exchange Zondacrypto (formerly BitBay), went missing and left a desperate voice message for his sister, leading his family to suspect he may have been murdered. Przemyslaw Kral, the lawyer who took over the management of the company, has also been missing for four months.Kral had previously released a video to reassure clients, stating that the company held over $330 million worth of Bitcoin, but the only person who possessed the unlocking keys was the missing Suszek. About two months after the website closed around April (on June 29), the Estonian Financial Intelligence Unit (FIU) revoked the license of its parent company.

According to Coinglass data, the cryptocurrency Fear and Greed Index is currently at 67, down 3 points from yesterday. The average over the past 7 days is 55, and the average over the past 30 days is 34.

According to the New York Post, the latest financial disclosure from U.S. Democratic Representative Rashida Tlaib shows that her retirement investment account, totaling approximately $1.2 million, includes up to $15,000 in Grayscale Ethereum ETF and up to $15,000 in Bitcoin ETF. Both are ETF holdings and do not represent direct ownership of BTC or ETH.The disclosure documents indicate that the account contains a total of 41 investments. Since U.S. lawmakers are only required to disclose assets by range of amounts, it is not possible to determine the exact size of Tlaib's holdings in the aforementioned crypto ETFs. Tlaib previously voted against the CLARITY Act, which supports the crypto industry, and supported a resolution aimed at banning "crypto corruption." The CLARITY Act is expected to be reviewed by the Senate in September after Congress resumes.

The ECX plan will be launched in three phases. The Alpha phase is expected to go live near Bitcoin block height 963648, the Beta phase is scheduled for September 20 at block height 967680, and the permanent mainnet is planned to launch on October 31 at block height 973728. The project is driven by Paul Sztorc, founder and head of Layertwo Labs, and developer of Drivechains and BIP-300/301.ECX will replicate the transaction ledger of Bitcoin's designated snapshot and allocate ECX to the majority of Bitcoin holders on a 1:1 basis on the new network. Users who control their private keys through self-custody wallets at the time of the snapshot will directly receive the corresponding assets, while users of exchanges and other custodial institutions will need to wait for the relevant platforms to decide whether to support the fork and distribute ECX. The original BTC will not be exchanged, locked, or transferred. ECX plans to initially launch seven dedicated sidechains: Thunder, Zside, Bitnames, Bitassets, Photon, Truthcoin, and Coinshift. Of the approximately 1.1 million early Bitcoins associated with Satoshi Nakamoto, about 600,000 ECX will continue to be allocated to these addresses, and approximately 500,000 ECX will be converted through special transactions for early investors and development funds, but this will not affect the BTC on the Bitcoin network.

According to Catcher Predict monitoring, the "Democratic Party 2028 Presidential Candidate" event is currently the most actively traded on the prediction market Polymarket, with a cumulative pool size reaching $12.654 billion. The option with the highest market consensus is "Alexandria Ocasio-Cortez," corresponding to a winning probability of approximately 22.9%.

According to official data, in the 7 days ending August 20, Circle issued approximately 7.5 billion USDC, redeemed about 6.7 billion USDC, and the circulating supply increased by approximately 800 million.The total circulating supply of USDC is 72.7 billion, with reserves of approximately 72.9 billion USD, including overnight reverse repos of about 48.1 billion USD; Treasury bonds with maturities of less than 3 months of about 12.7 billion USD; deposits from systemically important institutions of about 11.4 billion USD; and other bank deposits of about 700 million USD.

The Financial Supervisory Service of Korea submitted data to the National Assembly's Political Affairs Committee today, revealing that as of the end of July, the five major virtual asset exchanges in Korea have registered a total of 6,590 corporate accounts. Bithumb has the highest number of registered corporate accounts, reaching 3,280; the accounts under Upbit operator Dunamu total 2,086. The two major exchanges account for a total of 5,366 corporate accounts, making up 81.4% of the total. In addition, Korbit has 620, Coinone has 539, and Gopax has 65.

According to a report by the Korean News Agency, the Financial Supervisory Service of Korea submitted data to the National Assembly's Political Affairs Committee, revealing that as of the end of July, the five major virtual asset exchanges in Korea (Upbit, Bithumb, Coinone, Digital Asset Exchange, Gopax) have registered a total of 6,590 corporate accounts.In terms of the distribution of exchanges, Bithumb has the highest number of registered corporate accounts, reaching 3,280; the operator of Upbit, Dunamu, has 2,086 accounts. The two major exchanges account for a total of 5,366 corporate accounts, which is 81.4% of the total. Additionally, Korbit has 620, Coinone has 539, and Gopax has 65.In terms of compliance, there are a total of 711 corporate accounts that have completed customer identity verification (KYC), accounting for 10.8% of all corporate accounts. Among them, Upbit has the most with 290; Bithumb has 199, Korbit has 184, and Coinone and Gopax have 33 and 5, respectively. In terms of the scale of virtual asset holdings, Korean corporate accounts hold approximately 43.377 billion Korean won (about 31.2 million USD), with Upbit having the highest share, holding approximately 27.08 billion Korean won, accounting for 62.4% of the total; Bithumb holds about 6.29 billion Korean won, and Coinone holds about 5.15 billion Korean won. The deposit scale of corporate accounts is approximately 9.13 billion Korean won.

The financial disclosures released by the U.S. Office of Government Ethics on Saturday show that Trump conducted over 1,000 securities transactions in June, with a total transaction amount ranging from $78.1 million to $263.1 million. Among them, crypto-related transactions involved Coinbase, Strategy, and Robinhood. Overall, the amount of crypto-related stock transactions was relatively limited, accounting for a low proportion of his total securities transactions in June.Coinbase: Sold Coinbase stocks worth $15,001 to $50,000, $100,001 to $250,000, and $1,001 to $15,000 on June 12, 18, and 23, respectively, and bought Coinbase stocks worth $50,001 to $100,000 on June 24;Strategy: Sold Strategy stocks worth $1,001 to $15,000 and $15,001 to $50,000 on June 23 and 24, respectively;Robinhood: Bought Robinhood stocks worth $1,001 to $15,000 on June 3.

According to GMGN data, on August 22, the meme trading volume of the three chains Solana, BNB, and Robinhood exceeded $310 million; among them, the Solana chain exceeded $159 million, the BNB chain exceeded $83 million, and the Robinhood chain exceeded $68 million, accounting for 51.2%, 26.8%, and 22.0% respectively. The top three meme projects by trading volume are CATE, CASHCAT, and Niu Lai. The daily week-on-week growth rate of meme trading volume across the three chains is -13.0%, with the highest growth rate being on the BNB chain, which has a daily week-on-week growth rate of 10.8%.

According to Onchain Lens monitoring, Wintermute transferred 129,500 SOL to Binance, worth approximately $12.42 million; at the same time, 169.5 BTC was transferred, worth approximately $13.11 million, suspected to be for sale. Additionally, 407.47 BTC was transferred through an intermediary wallet and then moved to Coinbase, worth approximately $31.36 million.

According to Onchain Lens monitoring, a certain whale opened a long position of 1,000 BTC on Hyperliquid 47 days ago, making a profit of 14.8 million USD; at the same time, they opened a long position of 10,000 ETH, making a profit of 6.58 million USD. The total value of the above positions is currently approximately 101 million USD.

According to Hyperbot data, Brother Ma Ji, Huang Licheng currently holds long positions in BTC, ETH, and HYPE on Hyperliquid, with a total position value of approximately 157.8 million USD. Among them, the 40x leveraged BTC long position holds 1,195 BTC, valued at approximately 92.37 million USD, with an unrealized loss of about 456,000 USD.The 25x leveraged ETH long position holds 19,625 ETH, valued at approximately 47.61 million USD, with an unrealized gain of about 1.747 million USD; the 10x leveraged HYPE long position holds 220,000 HYPE, valued at approximately 17.73 million USD, with an unrealized gain of about 200,000 USD.

According to Lookonchain monitoring, the whale address 3NVeXm deposited 2,555 BTC to Binance about 13 hours ago, worth approximately $197 million.

According to monitoring by Lookonchain, the Trump team transferred 2.62 million TRUMP, worth 6.21 million USD, one hour ago, and then deposited it into OKX.

According to monitoring by Catcher Predict, in the predicted market Polymarket for the event "Dota 2: Team Yandex vs Team Spirit (BO3) - The International Playoffs," the sub-market "Ends During the Day" for the "Yes" option has experienced significant fluctuations in winning probability, soaring from 46.5% an hour ago to the current 67% (a fluctuation of 20.5%). Please note the impact of related breaking news.

According to on-chain analyst Yu Jin's monitoring, the TRUMP token team's address (2RH...FSK) transferred 3.837 million SOL one hour ago, worth 9.33 million USD, and entered OKX after being routed through BitGo.