News linked to both this project and an event.
Odaily News: Bitget has announced an upgrade to its Proof of Reserves (PoR) system, expanding asset coverage from the original 4 cryptocurrencies to 19 major assets, with newly added tokens including XAUT, SOL, BNB, USDGO, and others. This upgrade simultaneously expands the scope of platform-level reserve disclosure and individual asset proof verification. Users can view each asset's reserve ratio, scale, and on-chain distribution through the PoR page, and use Merkle Tree to independently verify whether their personal holdings are included in the reserve snapshot.Bitget has been publishing monthly reserve reports since December 2022, and as of August 2026, has published 45 consecutive issues, with the latest overall reserve ratio at 122%. Bitget CEO Gracy stated that as the variety of assets supported by the platform continues to increase, reserve transparency and verification capabilities also need to expand in tandem, enabling more users to independently verify their assets and further enhancing platform transparency.
According to CoinDesk, recently released asset forfeiture documents from the U.S. Department of Justice reveal that the Hamas military group Al-Qassam Brigades advised donors in an internal letter to avoid using Binance for fund transfers, instead recommending platforms such as Bybit, OKX, Kast, and Redotpay, and suggesting USDT transfers via the Tron network's TRC-20 chain. In response, Binance Chief Compliance Officer Noah Perlman stated, "When a terrorist organization tells people to avoid Binance, it shows our controls are working." OKX replied that the wallet addresses in question are not associated with its platform and have already been flagged by its internal risk control system as suspected non-compliant addresses, meaning any transfer attempts to those addresses will be intercepted.
CryptoQuant analyst Darkfost pointed out that market attention has significantly intensified this week, primarily driven by the upcoming procedural vote on the CLARITY Act in the U.S. Senate and the Federal Reserve's imminent interest rate decision. Data shows a notable increase in altcoin inflow transactions on Binance, with the 7-day average inflow rising from 8,300 in July to 31,800 currently, up nearly fourfold. Coinbase’s altcoin inflows also increased from 2,200 to 4,700, while Bybit rose to 2,700.
Odaily News - The Ave × BNB Chain × Four.meme bStocks trading competition has now introduced a rules update, adding Four.Meme 4Stock mode to the event's eligible scope.4Stock is an innovative Meme trading mode created by Four.meme based on stock narratives, combining traditional market hotspots with the on-chain Meme ecosystem to deliver a brand-new trading experience for users.Starting September 8, trading volume generated from participating in and trading Four.Meme 4Stock-related assets will be counted toward the event's valid trading volume. Users who meet the rules can compete on the leaderboard for a share of the total 150,000 USDT trading competition prize pool, which includes a 50,000 USDT Four.meme exclusive prize pool.In addition, individual participants in the competition can win up to 20,000 USDT in rewards.
Odaily News: The U.S. Federal Bureau of Investigation (FBI), combining blockchain analysis, human intelligence, and court orders, tracked and seized over $560,000 in cryptocurrency originally intended for Hamas. The investigation involved shared wallets, cross-chain bridges, exchanges, and stablecoin accounts.Three seizure actions took place in March, June, and October 2025. Investigators discovered that multiple donation addresses linked to Hamas' military wing, the Al Qassam Brigades, used the same gas wallet to pay transaction fees. Through Reactor, they visualized funds flowing from donation wallets to operational wallets and related infrastructure.In the June 2025 case, funds moved through new addresses, accounts, over-the-counter brokers, and suspected money mule accounts. By October, the network had shifted to using one-time donation wallets and cross-chain bridges. Court orders required Tether to burn USDT at designated addresses and reissue equivalent assets to law enforcement wallets, while Binance was instructed to transfer balances from three accounts. (Bitcoin.com News)
Binance founder Changpeng Zhao stated that he attended the third formal meeting of the National Crypto Council, chaired by Kyrgyzstan President Sadyr Japarov. The meeting covered topics such as crypto regulation, compliance, anti-money laundering and anti-fraud, stablecoins, and tokenization pilots.
Odaily News: The U.S. Federal Bureau of Investigation (FBI) has seized approximately $560,000 in cryptocurrency and taken control of the domain and servers of a fundraising website linked to Hamas. The U.S. Department of Justice stated that these funds were allegedly intended for use by Hamas's military wing, Al Qassam Brigades.Investigators tracked and confiscated the relevant crypto assets based on three seizure warrants issued on March 25, June 25, and October 10, 2025. Court documents show that the assets involved include Bitcoin, Ethereum, Wrapped Ethereum, Tether (USDT), and TRON (TRX), distributed across 18 addresses controlled by Tether and 3 Binance accounts.According to court documents, encrypted chat groups had directed supporters to visit AlQassam.ps and solicited donations via rotating wallet addresses. After the FBI took over the relevant domain and servers, it obtained information on thousands of individuals who had contacted Hamas to inquire about making donations. (Decrypt)
Odaily News: Cryptocurrency exchange Binance recorded $15.7 billion in inflows in August, setting a monthly record and capturing more than 75% of all centralized exchange inflows. During the same period, Bitcoin's price surged over 20% to break through $80,000, driving growth in exchange trading volumes.Binance Research noted that the $15.7 billion figure is approximately 8.4 times that of the exchange with the second-largest positive inflows, with Bybit and OKX ranking among the three exchanges with the highest liquidity concentration. Inflows at smaller platforms were more dispersed.Additionally, Binance faces allegations in the European Union of accepting local users without obtaining a license under the Markets in Crypto-Assets Regulation (MiCA). (Bitcoin.com News)
According to HK01, Binance founder Changpeng Zhao recently traveled to Hong Kong to attend the 2026 Bitcoin Asia Conference. During an exclusive interview with HK01, he discussed his memoir *Binance Life*, his time in prison, and Binance's $4.3 billion fine. He revealed that most of the memoir's initial draft was completed while incarcerated. Due to strict conditions limiting computer use to 15-minute sessions without copy-and-paste functionality, he had to rely on fragmented moments to write.
Odaily News: Binance Founder Changpeng Zhao (CZ) has stated that most of the first draft of his 374-page autobiography, "The Binance Life", was written in prison. He had only 15 minutes of computer time per session, no copy-paste function, and had to use fragmented time between queuing for equipment.He recalled that in November 2023, Binance paid a $4.3 billion fine for violating the U.S. Bank Secrecy Act. He personally was fined $150 million and stepped down as CEO. He stated that had he not taken on the responsibility, Binance and the entire industry could have suffered greater consequences, making his choice "worth it."Changpeng Zhao said the most agonizing part of his sentence was the uncertainty, as both the fine amount and the sentence length changed over time. U.S. Immigration and Customs Enforcement also issued detention orders three times. He believes this experience made him realize that freedom is not absolute, but his belief in "financial freedom" has been strengthened. (HK01)
Odaily News - At the 2026 Wyoming Blockchain Symposium, CZ stated that Trump had previously mentioned Hyperliquid, and that CFTC Chairman Mike Selig would look for a path to bring the platform into the U.S. market. CZ believes that if Hyperliquid can operate in the U.S. in a compliant manner, it will open the door for perpetual contracts and more decentralized services to enter the U.S., serving as a major positive for the entire crypto industry. CZ noted that because of his stake in Binance, outsiders tend to view him as a supporter of centralized exchanges, but his fundamental reason for entering the crypto industry is his belief in decentralization. Some users choose Hyperliquid because the platform allows them to use it via wallet without requiring a traditional account or KYC process. CZ said that Hyperliquid's entry into the U.S. will not only benefit itself—more decentralized products and companies in its portfolio will also benefit—and it will bring more liquidity to international centralized exchanges, giving U.S. users more competitive prices when buying and selling crypto assets. At this stage, the crypto market is far from saturated, and competition between platforms is not the primary issue.
According to CoinDesk, blockchain analytics firm Chainalysis stated that it organized the multi-day joint operation "Operation Beacon" in collaboration with crypto firms such as Binance and Coinbase, as well as law enforcement agencies from multiple countries, to investigate networks spreading child sexual abuse material using cryptocurrency. The operation is headquartered at the National Cyber-Forensics and Training Alliance in New York, with participating agencies including Europol, the Australian Federal Police, the Royal Canadian Mounted Police, and the UK's National Crime Agency.
Odaily News - The Pakistan Virtual Asset Regulatory Authority (PVARA) has opened its licensing portal. Enterprises that provided virtual asset services on or before March 5 must apply for a No Objection Certificate (NOC) by September 5, or cease operations; continuing to operate without submitting an application after the deadline will constitute a violation of the law.The new regulations cover exchange, custody, broker-dealer, lending, derivatives, asset management, token issuance, and mining-related services. Service providers may first apply for an NOC, or enter PVARA's regulatory sandbox to test products before applying for a full license.Licensed institutions must segregate client assets from their own assets, and may not lend or stake customer assets without written consent, while also meeting requirements for governance, market conduct, cybersecurity, operational resilience, and anti-money laundering and counter-terrorism financing measures. PVARA has already issued NOCs to enterprises such as Binance and HTX. (Cointelegraph)
Odaily News: CZ responded to discussions about the "Memestock" model on the X platform, stating that the combination of Memecoin and tokenized stocks is an "innovative and interesting" development, but the key lies in whether issuers have the ability to honor their commitments.It is reported that some community users have shared their views on the "Memestock" trend, which combines Memecoin with tokenized stocks, allowing Memecoin holders to receive tokenized stock returns without any additional actions. This model introduces new utility value to Memecoins that previously lacked practical use cases, and the related innovations are currently concentrated mainly in the BNB Chain ecosystem.In response, CZ said: "This is indeed a new and interesting direction. But we need to ensure that issuers can truly fulfill their obligations."Some community users believe that the combination of Memecoin and Real World Asset (RWA) tokenization is exploring a shift from purely community-driven assets to digital assets with yield or equity attributes. However, tokenized stocks involve issues such as underlying asset custody, compliant issuance, and income distribution. The credibility of issuers and the regulatory framework will be key factors determining whether this model can achieve long-term development.
Odaily News - CryptoQuant analyst Darkfost stated on the X platform that the altcoin market has recently shown clear signs of recovery, with market structure undergoing changes, and "Altseason" may have entered its early stages. Data shows that from August 19 to 22, the total market cap of altcoins increased by approximately $215 billion, surging over 24% in just 3 days, pushing the total altcoin market cap back above $1 trillion.Darkfost pointed out that mid- and small-cap altcoins have performed the strongest in this rally. Due to their lower circulating market caps, these assets are more sensitive to capital inflows, while also carrying higher two-way volatility risks.Data from the Binance platform further reinforces the signals of an altcoin market recovery. Since last November, approximately 80% to 85% of altcoins have remained below the 200-day moving average (200-DMA), but currently 56% of Binance-listed altcoins have climbed back above this key technical indicator, suggesting the market may be entering a new cyclical phase.Darkfost believes this trend reversal is linked to a series of positive cryptocurrency signals recently released by Trump. On August 19, Trump stated that the U.S. would "massively purchase Bitcoin" and urged Congress to push through the CLARITY Act, while claiming his administration had ended previous unfriendly policies toward the crypto industry. These remarks boosted market sentiment, and against a backdrop of low trading volume and reduced selling pressure, substantial capital began flowing into the altcoin market, driving gains across multiple sectors simultaneously.Darkfost noted that from a historical perspective, the current broad-based altcoin rally is typically viewed as an important signal of the early stage of altseason. However, he also cautioned that the market has entered overbought territory in the short term, and investors should be wary of periodic pullbacks. If the overall upward momentum continues, new investment opportunities may still emerge down the road.
According to Bitcoin.com, Zach Pandl, Head of Research at Grayscale, stated that the U.S. Securities and Exchange Commission's (SEC) proposed regulations on crypto assets could increase network activity on Ethereum, Solana, and BNB Chain by reducing compliance uncertainties surrounding token financing, driving more U.S. issuers and investors to go on-chain, and potentially creating value for their native tokens ETH, SOL, and BNB.
Odaily News: Binance has announced that two employees previously questioned by authorities in the UAE have completed their statements and been permitted to leave, and have now been confirmed not to be targets of the related investigation. According to a Binance spokesperson, the employees were involved in providing explanations regarding third-party fund flows conducted through the company's client fund accounts. Binance stated that the UAE police and relevant authorities are conducting "routine inquiries," and the employees were cleared and released after providing the relevant information.Earlier reports indicated that two Binance employees were detained at an airport in the UAE, with police investigating potential financial crimes involving the trading platform. Binance responded that the operational mechanisms for crypto asset and institutional client fund accounts remain an emerging area in certain jurisdictions, and the company is actively communicating with Dubai police and regulatory authorities in other emirates to establish clearer coordination mechanisms. (Cointelegraph)
According to The New York Times, two Binance employees were recently intercepted by authorities at airports in the United Arab Emirates and briefly detained, but have since been released. One mid-level employee was taken to a police station and held overnight after transiting through Sharjah earlier this month, while an executive at Binance’s Dubai subsidiary was questioned by police in July. According to insiders, the actions stem from a local police investigation into suspected financial crimes involving the Binance platform. The UAE is home to Binance’s primary regulatory authority, and this incident underscores the mounting legal pressure the company faces in the region. Binance has long been scrutinized by law enforcement agencies in multiple countries for struggling to prevent criminals from exploiting its platform.
Odaily News Rapid7, a cybersecurity firm, has disclosed a crypto phishing campaign named Operation Asterix that targets approximately 885,000 phone numbers across multiple countries, redirecting victims to fraudulent wallet service websites. A total of 5,576 phone numbers have been matched with Binance user accounts and placed on the attack queue.The attackers steal seed phrases through fake apps impersonating Ledger, Trezor, and Exodus, while also contacting victims via fraudulent customer support emails and phone calls. Rapid7 also found that among over 316,000 phone numbers in Germany, 43,066 were matched with crypto trading accounts, representing a hit rate of approximately 13.6%.The related attacks also include a bulk phone number verification tool targeting Kraken accounts, and the investigation revealed that AI tools are being widely used in phishing operations. According to data from blockchain security firm Hacken, phishing attacks and social engineering scams caused $306 million in losses in the first quarter of this year, accounting for the majority of the $482 million total losses in the crypto industry. (Cointelegraph)
Odaily News: At the SALT conference held in Jackson Hole, Wyoming, USA, Binance founder CZ stated that Bitcoin's "supercycle" has yet to materialize. The market continues to follow a relatively strict four-year cycle pattern and is currently in a bear market phase. As total market capitalization expands, price volatility is expected to narrow. However, CZ noted that the current industry environment is the most favorable in his 12 years of experience, with the U.S. regulatory framework serving as a model globally. Securities laws and exchange regulatory structures in many countries are referencing the U.S. approach. Hong Kong is also accelerating its legislative efforts to align with U.S. regulatory thinking.Regarding the allocation of investment firm YZi Labs, CZ disclosed that approximately 70% of funds are directed toward core tracks in crypto and blockchain, about 20% toward AI, and the remainder toward biotech and other sectors. The firm uses its own capital and is not constrained by external LP return cycles, placing greater emphasis on the positive impact of projects and the execution capabilities of founding teams rather than purely financial returns.