News linked to both this project and an event.
Odaily report: Crypto analyst Darkfost posted that although Binance yesterday suffered an attack suspected to be linked to the North Korean hacker group Lazarus Group, with losses of approximately $6.3 billion—the largest theft in crypto industry history—the platform's reserve assets only declined modestly, and the impact on users appears limited.Data shows that during the attack, Binance saw outflows of 18,279 BTC, 185 million XRP, and $1.67 billion USDT at one point; ETH flowed out in two batches, totaling 246,840 coins (167,464 and 79,376 respectively). Based on same-day reserve changes, BTC reserves fell 3.1% to over 682,000 coins, ETH dropped 8.5% to 3.3 million coins, XRP declined 8% to 2.47 billion coins, and USDT decreased 6.3% to $34.1 billion.Additionally, Binance stated it has frozen approximately $3 billion in related assets, including $1.567 billion USDT and over $800 million USDC, and pledged to absorb losses through the SAFU fund and company reserves. Darkfost believes the magnitude of change in Binance's reserve assets indicates the platform still possesses a certain capacity to absorb shocks.
Odaily reports: According to on-chain analyst Ai Yi's monitoring, address 0xbf8…808d5 deposited 3,084 ETH worth approximately $7.17 million into Binance 5 minutes ago, seemingly liquidating its position. This address accumulated its holdings in batches between November 2022 and February 2026, and had previously been depositing ETH into Lido for staking yield. Based on currently disclosed data, this operation is estimated to yield a profit of approximately $928,000. The address's last sell-off occurred between August and November 2025, when ETH was priced between $3,847 and $4,532.
Odaily reports: Investment firm Seawolf Capital says it is shorting cloud computing company CoreWeave. The firm was founded by three traders known for the book and film "The Big Short," and co-founder Vincent Daniel said the short position began with an analysis of CoreWeave's business model.Seawolf Capital points out that CoreWeave rents out AI compute powered by high-end GPUs, a model similar to businesses that purchase specific assets and then lease them out. The firm believes the economic lifespan of GPUs may fall short of oil drilling equipment, aircraft, or shipping equipment, and that competing chip compute supply is rapidly increasing.Vincent Daniel said CoreWeave needs to continuously invest large amounts of capital to purchase high-priced AI chips. Based on its assessment of the company's 2027 free cash flow gap and balance sheet leverage, the company may need to raise tens of billions of dollars in new funding on favorable terms. Seawolf Capital says its short thesis is focused on capital availability and cost, not a bearish view on the overall AI trade. (Business Insider)
Odaily reports: Trader Killa posted that Bitcoin's next major cycle inflection point is expected to arrive within a few days. Based on his observation of price movements over the past 600-plus days, the previous 11 inflection points all saw price action contrary to the mainstream market narrative. Bearish sentiment is still accumulating in the market, and if this pattern repeats, Bitcoin could rally against the trend by at least 5%. Killa also noted that a significant move may not necessarily occur immediately after the inflection point arrives, and he will focus on price performance at that time.
Odaily reports: Crypto analyst Ignas posted on X that PAPER token mining rewards have dropped significantly. Early users could earn 100 PAPER for every $1 of qualifying trading losses, but this has now fallen to approximately 11 PAPER. At current reward levels, a trade with a $1,000 loss would yield only about 10,700 PAPER. Based on recent staking yield levels, this translates to daily earnings of roughly $2.60 to $4.90, requiring approximately 200 to 385 days to recoup the loss—and this does not yet account for dilution effects from token emissions.In his view, once PAPER opens up for transfer, some trading users may prefer to sell tokens directly to recover losses, creating potential selling pressure. Galaxy Research previously noted that PAPER's market price will affect the scale of mining activity, which in turn determines the protocol's long-term revenue. If a decline in token price leads to reduced mining activity, it could further weaken protocol revenue and staking yields. PAPER's long-term value depends on whether Papertrade can continue to attract genuine trading demand and sustain revenue after incentives decline.
A whale trader (0x9c6) opened a 20x leveraged long position on SOL, with the current position value at approximately $57.5 million and an entry price of $80.86. Based on SOL's current price of $104.43, the position has an unrealized profit of about $13 million. The trader opened the position about a month ago and has not closed it to date; the account is currently worth approximately $24.2 million.
Odaily News: According to on-chain analyst Ember Monitoring, last week Bitcoin treasury company Strategy increased its holdings by 250 BTC, with a purchase amount of approximately $21.55 million and an average purchase price of approximately $86,194 per BTC.As of now, Strategy holds a total of 848,250 BTC, with a position value of approximately $70.532 billion. The cumulative average cost is $75,444 per BTC, with a current unrealized gain of approximately $6.536 billion and a return of approximately 10.2%.Meanwhile, Ethereum treasury company Bitmine increased its holdings by 12,532 ETH last week, with a purchase amount of approximately $32.6 million and an average purchase price of approximately $2,601 per ETH.Currently, Bitmine holds approximately 6,028,946 ETH, with a position value of approximately $15.319 billion. The cumulative average cost is $3,334 per ETH, with a current unrealized loss of approximately $4.781 billion and a loss of approximately 23.8%.In addition, Bitmine's subsequent ETH accumulation plan may be nearing a phased conclusion. Bitmine Chairman Tom Lee previously stated at the TOKEN2049 conference in Singapore that once the company's ETH holdings reach 5% of the total supply, it will stop further accumulation. Currently, Bitmine is still about 77,442 ETH away from the 5% target. Based on the recent pace of accumulation, it is expected to reach this target in about one month.
Based on current prices, completing the sale is expected to yield a profit of approximately $1.27 million.
Crypto analyst Darkfost stated in a post that over the past decade, the amplitude of Bitcoin price fluctuations around the "Power Law" trendline has been gradually decreasing, with market cycle volatility trending toward convergence. The oscillator index peak has declined from +169 in 2018 to +102 in 2025, while its daily change standard deviation has fallen from 4.81 to 2.47, representing a drop of approximately 49%. Darkfost added that as of October 3, the model’s oscillator index stood at +34.5, with Bitcoin trading at approximately $84,700. Based on that day's model parameters, an oscillator index reaching +100 would correspond to a Bitcoin price of roughly $157,800, which is about 86% higher than the current price. He also noted that $157,800 is not a fixed target price, but rather a reference level calculated based on current regression parameters. If the Power Law trendline continues to rise in the future, this reference level will increase accordingly.
Odaily News: DWF Labs Managing Partner Andrei Grachev stated that if Trump wins the midterm elections and distributes $5,000 to every U.S. adult citizen, the scale of the distribution would be equivalent to 150% of the "helicopter money" during the COVID-19 pandemic. Some of these funds could flow into the crypto market, potentially triggering a bull run similar to that of 2021. If this scenario materializes, investors should cash out their gains during the rally, as a crisis may follow.Trump previously promised that if Republicans win House and Senate seats in the midterm elections, he would distribute $5,000 "dividends" to every U.S. adult citizen. Based on approximately 240 million U.S. adult citizens, the plan is estimated to cost about $1.2 trillion.
Bitget CEO Gracy Chen posted a 12-hour progress report on the security incident on X, including:1. Affected assets include ETH, XRP (largest single-chain loss), BNB, AVAX, USDT, USDC, and other tokens. Affected chains include: Ethereum, XRP Ledger, Arbitrum, Avalanche, Optimism, BSC, and Base. All on-chain cold wallets have been confirmed secure and unaffected.2. All foundations of the affected chains have been contacted, and some foundations have confirmed the freezing of the hacker's wallet addresses.3. Based on IP behavioral characteristics and on-chain analysis, the attack methodology is highly consistent with known patterns of North Korean hacker groups. Relevant authorities have been notified, and full cooperation is being provided for a global investigation.4. Bitget Wallet (decentralized wallet) operates completely independently from Bitget exchange infrastructure, and this incident has no impact on it. Bitget Wallet assets are completely safe.5. Transparent disclosure regarding the platform's financial status: In addition to over $464 million in protection funds (all held in publicly verifiable wallet addresses), Bitget's own assets exceed $1 billion. User funds are covered at a 1:1 ratio, and all data can be verified on-chain.6. Regarding withdrawal recovery timing: The goal is to achieve full recovery as soon as possible. Once a specific time window is confirmed, an announcement will be made immediately. No commitment will be made to timelines that cannot be fulfilled.
Odaily News: According to on-chain analyst Aunt AI's monitoring, the whale "Set 10 Big Goals First" currently has an unrealized profit of over $12.26 million on their BTC long position, with a return rate of approximately 26.19%.They had previously stated multiple times that a market reversal trend has arrived and would maintain a long strategy. On August 28, they publicly mentioned adding to their BTC position in the $78,000 to $79,800 price range. Based on current data, the actual position is 2,206.71 BTC, worth approximately $187 million, with an average entry price of about $79,470.92.
According to Odaily on-chain data monitoring, an address labeled Hyperliquid transferred 300,000 tokens to a Gate exchange address (0x85FA…C35c). Based on the on-chain price at the time, the assets were valued at approximately $23.97 million.
Odaily News According to a post by whale "Set 10 Big Goals First" on platform X, Bitcoin has firmly established support at $80,000 and is now targeting $100,000, calling it the "last chance to get on board." Based on the chart shared, crypto-related stocks and ETFs such as IBIT, CRCL, and MSTR saw significant gains today.
Odaily News – Just two months after its launch, Robinhood Chain has seen cumulative transaction fees rise to $13.05 million, setting a new all-time high. Based on the annualized average of the last 30 days of fee revenue, the annualized revenue scale stands at approximately $110 million. At current cumulative revenue levels, roughly $1.3 million will flow directly to the Arbitrum ecosystem. Under the cooperation licensing agreement between the two parties, Robinhood Chain is required to return 10% of its protocol net revenue to the Arbitrum ecosystem, with 8% going to the Arbitrum DAO treasury and 2% to the Arbitrum Developer Guild.
According to On-Chain Lens monitoring, as of early today, an institution has gradually deposited 109,806 ETH into centralized exchanges over the past three days, valued at approximately $266 million, at an average price of $2,430. The address associated with this institution currently holds 58,048 ETH, worth approximately $140 million. If sold off entirely, the total sell volume would reach 167,854 ETH, valued at roughly $406 million. Based on an initial entry cost of around $1,700 two years ago, the projected profit stands at approximately $122 million.
Odaily News According to on-chain analyst Yu Ying's monitoring, the HyperLabs address (0x43e9...a251) applied to redeem 433,000 HYPE from staking 10 minutes ago, worth $36.14 million. This HYPE will complete its staking exit in 7 days, i.e., on September 6. Based on previous records, this HYPE will be transferred to a centralized exchange through market maker Flowdesk after the exit.
According to on-chain analyst Ai Yi (@ai_9684xtpa), trader "Set 10 Big Goals First" (@Jason60704294) has completely stopped out and closed all additional BTC and ETH short positions. The three trades executed since this "comeback" have collectively turned into a loss, primarily representing a pullback from previously realized profits; the trader had previously disclosed cumulative gains of approximately $70 million. Specifically, profits from prior long positions reached about $20 million; the first short position incurred a loss of roughly $6.283 million; the first half of the second short position booked a confirmed loss of approximately $10.158 million, while the second half's loss remains undisclosed and is estimated at around $9 million. Based on known and estimated figures, the cumulative loss on the second short position may total approximately $19.158 million, bringing the combined loss from both short positions to roughly $25.441 million.
According to BeInCrypto, crypto analyst Benjamin Cowen stated that Bitcoin is currently on day 1,363 of this cycle, while the past two cycles bottomed out on day 1,432 and day 1,436 respectively. Based on this, the bottom of this cycle is estimated to appear in October 2026, approximately 69-73 days from now. Cowen also pointed out that August and September have historically been seasonally weak periods for Bitcoin, with an average decline of about 10% in August during midterm election years. However, this prediction faces institutional-level skepticism. Fidelity pointed out that within months after Bitcoin hit an all-time high, one-year volatility touched a new low, a signal that never appeared in previous cycles; Bitwise Chief Investment Officer Matt Hougan believes that continuous inflows into spot ETFs and corporate balance sheet allocation demands have weakened traditional halving cycle patterns; Grayscale's 2026 outlook report also holds a similar view. Cowen, however, insists that although tops are becoming flatter, the bottom ranges of the four cycles have hardly shifted.
Odaily News: Citrini analyst Jukan posted on X platform stating that Anthropic investors believe the surging demand for its Claude series of advanced AI models and tools is sufficient to support the company's extremely high valuation expectations. According to investor estimates, Anthropic is expected to reach an annualized revenue of $100 billion to $120 billion by the end of 2026, a figure calculated using the company's preferred method, which projects full-year sales based on recent performance. If this expectation is realized, Anthropic's revenue scale would grow more than 10 times during 2026.An institutional investor commented: "If Anthropic can achieve 800% annual growth, even at a very conservative level, its valuation could reach 30 times revenue." Based on this valuation logic, Anthropic's potential market capitalization could reach $3 trillion.