News Heat Trend
Japanese Government Bond Yields Hit Nearly 30-Year High, Fiscal Expansion Space Under Pressure
Japan's 10-year government bond yield briefly rose to 2.945% this week, marking a nearly 30-year high and approaching the critical 3% level assumed in the Japanese government's budget. Rising yields are increasing pressure on government debt servicing, undermining Prime Minister Sanae Takaichi's room to pursue large-scale fiscal expansion and growth investment. The Japanese government has allocated 31 trillion yen for debt servicing in the current fiscal year; if long-term yields remain above 3%, debt financing costs could significantly exceed the budget.
Crypto Violent Heists Exceed $30 Million in 2026, France Becomes a Hard-Hit Area
According to The Block, data from blockchain analytics firm Chainalysis shows that violent robberies targeting cryptocurrency holders in the first half of 2026 have resulted in losses exceeding $30 million. If the trend continues in the second half, the full-year total will surpass the historical peak of $58 million in 2025. France has become the world's largest "Wrench Attack" hotspot, with 30 public cases recorded in the first half of 2026, while the French Minister of the Interior stated that actual cases exceed 70. Chainalysis attributes this to the 2024 French tax authority data breach—a tax official was suspected of stealing and selling the names, addresses, holdings, and tax records of high-net-worth crypto holders, causing the attack frequency to surge from a monthly average of 1.9 in 2025 to a monthly average of 4.6 in the first half of 2026. Attack methods have also deteriorated; cases targeting family members rather than the holders themselves now account for over 40% of French cases, and the proportion of home invasions rose from 14% in 2025 to 37%. Stolen funds are typically quickly moved on-chain, with some laundered through tools such as decentralized exchanges and cross-chain bridges; advanced criminal networks are even linked to cartel money laundering and terrorist financing channels.
Gate Ventures: Tech Stocks Hit New Highs Amid Inflationary Pressure, Crypto Market Risk Appetite Recovers
Odaily Odaily News According to the latest weekly report from Gate Ventures, global markets continued to strengthen last week, driven by the technology sector. Both the S&P 500 and the Nasdaq index hit new record highs, with the S&P 500 gaining 2.36% for the week and the Nasdaq rising 4.52%. In the crypto market, BTC rose 4.6% last week, ETH rose 2.1%, spot BTC ETFs recorded net inflows for the fifth consecutive week, and market sentiment recovered to the neutral range. Additionally, the total market cap of cryptocurrencies excluding the top ten assets increased by 12.6% for the week.On the macroeconomic front, the ISM Services Price Index rose to 70.7, a two-year high, coupled with energy price fluctuations and the Federal Reserve's policy expectation of "keeping interest rates higher for longer," leading to increased market focus on a "stagflation" environment. On the industry level, Payward, the parent company of Kraken, has applied to the OCC for a national trust charter, highlighting the increasingly evident trend of industry compliance. In terms of investment and financing, 10 deals were completed last week totaling $34.2 million, primarily concentrated in the DeFi and infrastructure sectors. Among them, OpenTrade completed a $17 million funding round to accelerate the development of institutional-grade stablecoin yield infrastructure; OnRe secured a $5 million Series A round to advance its Solana-based tokenized reinsurance product offerings.
Gate Ventures: Stock Indices Hit New Highs Amid Policy Divergence, Market Uncertainty Rises
according to Gate Ventures' latest weekly report, the global market performance is generally stable, but inflationary pressures and policy divergences are rising simultaneously. The S&P 500 topped the 7,200 mark for the first time. The Fed kept interest rates unchanged but showed major internal divisions. Compounded by volatile oil prices due to supply shocks in the Strait of Hormuz, market expectations of "stagflation" have intensified. Against this backdrop, the crypto market remains in a consolidation pattern, with BTC largely flat and ETH experiencing a slight pullback. ETF fund flows are diverging, and market sentiment remains cautious.At the industry level, the CLARITY Act has clarified the boundaries for stablecoin yields, further promoting a clearer regulatory framework. EURC is seeing rapid growth in Spanish retail payment scenarios, indicating that localized stablecoin applications are coming to market. The Solana ecosystem is advancing its post-quantum signature scheme, Falcon, reflecting the industry's forward-looking layout for long-term security. In terms of investment and financing, 15 deals were completed this week, with a total volume of $167 million, representing a 205% increase week-over-week. The infrastructure track continues to dominate. Among these, Four Pillars completed a Series A funding round to strengthen institutional-grade research and infrastructure capabilities. Belo secured $14 million in a funding round led by Tether, accelerating the expansion of its stablecoin payment network in Latin America. Overall, capital continues to concentrate towards infrastructure and cross-asset platforms, driving the industry's accelerated evolution towards institutionalization and multi-asset integration.
Kraken Says It Was Hit by a "Dust Attack," Some Customer Accounts Temporarily Locked
According to Bloomberg, digital asset exchange Kraken stated that some customer accounts were temporarily locked after receiving small cryptocurrency transfers from wallets linked to the sanctioned exchange HTX. Kraken refers to such transfers as "dust attacks," which involve sending tiny involuntary transactions to disrupt or manipulate other cryptocurrency users. In this incident, Kraken believes the attackers' objective was likely to trigger the platform's compliance review by spreading sanctioned funds.
CertiK: Term Labs Hit by Governance Attack, Loses Approximately $8.5 Million
According to monitoring by CertiK Alert, the DeFi lending protocol Term Labs has been targeted by a governance attack, resulting in approximately $8.5 million in asset losses. Currently, around 2,843 ETH and approximately $1.6 million worth of DAI have been transferred to address 0xD5183d8BfC65a50863C62aF2538198A8288FFc13. Term Labs has confirmed that its Term Vaults fell victim to a governance exploit, stating that the team is continuing to investigate the incident and will release further details upon completion of the investigation. Official sources have yet to disclose the specific attack vectors or the scope of the impact.
Standard Chartered Bank Analyst: US Treasury Expands Long-Term Bond Buyback, BTC May Hit $100,000 by Year-End
According to Cointelegraph, Standard Chartered Bank analyst Geoff Kendrick pointed out in the latest client report that the U.S. Treasury announced the scale of 10- to 30-year Treasury bond buybacks will be at least doubled from $2 billion per operation to $4 billion, with an execution period from September 9 to November 4. This policy drove long-term U.S. Treasury yields down significantly, effectively alleviating selling pressure in the bond market. Kendrick stated that such government liquidity interventions have historically been bullish for Bitcoin, and coupled with its fixed supply attribute, BTC is expected to hit $100,000 before the end of the year. Technically, he views $65,500 as a key support level; once effectively broken above, it can confirm that the bottom of this cycle has appeared.
Bitcoin Small-Value Transfers Hit New High Since FTX Collapse, Coldcard Security Incident Sparks Self-Custody Debate
as the suspected hacking incident involving Coldcard wallets continues to unfold, Bitcoin small-value transfers have surged significantly, reaching their highest level since the FTX exchange collapse, reigniting market discussions on Bitcoin self-custody security.Julio Moreno, Head of Research at CryptoQuant, disclosed data on X platform showing that the number of on-chain Bitcoin transfers below 1 BTC has risen to its highest level since November 2022, with approximately 39,600 BTC transferred in a single day—only about 300 BTC below the record of 39,900 BTC set on November 16, 2022, just days after FTX filed for bankruptcy. He believes that users proactively taking action to address risks is a positive signal. Additionally, Eric Balchunas, Senior ETF Analyst at Bloomberg, noted that Bitcoin ETFs, backed by a mature regulatory framework and convenience, may offer some users a safer investment approach.However, industry insiders point out that the Coldcard incident more likely reflects issues with a single wallet provider or specific security processes, rather than indicating a failure of the entire Bitcoin self-custody system. This event once again highlights the importance of security awareness, risk diversification, and wallet usage habits in personal asset management.
Texas 2025 Crypto Kiosk Fraud Losses Hit $56.8 Million, Lawmakers Consider Measures Beyond Regulation
Odaily News: Data submitted by the FBI to a legislative committee shows that in 2025, losses related to cryptocurrency kiosks in Texas reached $56.8 million, involving 1,179 complaints, ranking first among all U.S. states. Nationwide, related complaints totaled 13,460, with reported losses surging 58% year-over-year to $389 million. Cryptocurrency kiosks accept cash and convert it into cryptocurrency, typically located at gas stations and convenience stores. According to Texas Tribune data, there are approximately 4,000 such machines in Texas. Scammers often trick victims into withdrawing cash from their bank accounts and depositing it into the machines. Jesse Saucillo, Deputy Commissioner of the Texas Department of Banking, stated that once funds are transferred out, recovery is nearly impossible, as the money typically flows to non-custodial wallets and then into mixers and other channels. He added that AI-generated impersonation content of police and state agencies has made phone-based scams more deceptive. AARP data shows that since 2023, around 30 U.S. states have enacted laws related to cryptocurrency kiosks. Indiana imposed a full ban on such machines in March, with Tennessee and Minnesota following suit. Texas House Committee Chairman Rep. Cole Hefner said the state will consider measures that go beyond the scope of regulation.
Analysis: Bitcoin Long-Term Holders' Holdings Hit All-Time High, Potentially Signaling an Earlier Cycle Bottom
Odaily News According to Cory Klippsten, CEO of Swan Bitcoin, the holdings of Bitcoin long-term holders have risen to a record high, potentially indicating that the bottom of this crypto market cycle could emerge earlier than in the past. Data from on-chain analytics platform Glassnode shows that long-term holders (those holding coins for at least 155 days) currently possess approximately 14.7 million BTC, a historic high, suggesting that seasoned investors are continuing to "hold" their coins, reflecting strong market confidence. The on-chain data also reveals that since November 2025, the supply held by long-term holders has grown by about 14%, indicating the market has re-entered an accumulation phase following a period of significant liquidation.Cory Klippsten pointed out that, in historical cycles, this level of holdings typically corresponds to a cyclical bottom zone, reflecting long-term capital's firm expectations for Bitcoin's future value. He believes this could mean the bottom for the current cycle will arrive earlier than the historical average pace.However, this view contrasts with some market predictions. For example, Jiang Zhuoer, founder of Lebit Mining Pool, suggests the Bitcoin cycle bottom could appear between October and December 2026, and may be influenced by the market Net Asset Value (mNAV) cycle. Furthermore, market sentiment is also affected by the progress of US crypto regulation. Grayscale noted that the passage of the "CLARITY Act" remains uncertain; any legislative delays could prolong institutional deleveraging, creating additional downward pressure on Bitcoin's price. (Cointelegraph)
Analyst: Bitcoin Hasn't Hit a New High in Nearly a Year, but Cycle High Intervals Keep Shortening
Odaily reports: Analyst Darkfost posted on X platform that Bitcoin is about to enter a phase of 365 days without setting a new all-time high (ATH). In previous cycles, Bitcoin typically set new highs shortly after halving, but this pattern appears to be changing. Meanwhile, the time interval from each cycle's peak to the next all-time high is also shortening: 1,180 days from 2014 to 2017, 1,094 days from 2017 to 2020, and 849 days from 2021 to 2024. Darkfost believes that if this trend continues, Bitcoin may reach a new all-time high more quickly this cycle. The next Bitcoin halving is expected to occur around April 2028.
Bonk Guy Names Three Tokens: USELESS, MARSCOIN, PONS May Be First to Hit $1B Market Cap
Odaily News: Well-known trader Bonk Guy posted on the X platform, stating that the three tokens USELESS, MARSCOIN, and PONS are expected to become the fastest projects in their respective niche tracks to reach a $1 billion market cap in the new cycle. He noted that USELESS, MARSCOIN, and PONS respectively represent two core narratives in the current market: USELESS and MARSCOIN serve as the "barbell ends" of the Meme track, while PONS represents the utility track. He also called on the community: "LOCK IN!".
Ansem: HOOD Will Hit a New High in Q4, Then Rally Another 50%
trader Ansem stated on X: "There is always a lag when TradFi companies integrate new crypto businesses, because those executives in suits often see the relevant data very late. I believe buying Robinhood (HOOD) right now is an excellent bet, as its technical chart has started to consolidate from the bottom, and they are adding a significant new revenue stream by launching Robinhood Crypto. In Q4, I expect HOOD to hit an all-time high (ATH), and then rally another 50% from there."
Refi Hub Co-founder Hit by Malicious Claude Link Attack, Contaminated Skill File Attempts to Steal Credentials
Odaily News: Numa Lunah, co-founder of the crypto project Refi Hub, stated that he was hacked after using a download link provided in a Claude chat window to install a transcription application. The link pointed to a fake website bundled with malware, which attempted to steal all information from his device upon execution.Numa Lunah said he wiped and reinstalled the affected laptop and found no signs of sensitive data leakage. Subsequently, he discovered a contaminated Claude Code skill file named SKILL.md in his backups. The file was disguised as a style guide written by himself and contained instructions to re-download malware and steal credentials every time it was loaded.Microsoft Defender Experts previously warned that attackers have shifted from search engine optimization poisoning to large language model response poisoning. These tactics include recommending attacker-controlled download links, AI-branded fake installers, and contaminated code repositories and agent skills. Individuals working in the crypto industry may hold irrevocable credentials such as mnemonic phrases, private key files, hot wallet JSONs, exchange API keys with withdrawal permissions, and deployer keys. (Bitcoin.com News)
Iranian Official: Plans to Attack Crude Oil Export Facilities Aim to Hit Trump Ahead of U.S. Midterm Elections
A senior Iranian official has stated that Tehran is planning to wage an economic war, including attacks on oil bypass export facilities in the Gulf region, with the aim of driving up U.S. gasoline prices and undermining the support rate of Trump's party ahead of the U.S. November midterm elections. According to the official's description, the targets of this plan will include two major alternative routes used by shippers to avoid the Strait of Hormuz: Saudi Arabia's Yanbu oil pipeline and the UAE's Fujairah oil terminal. Together, these two facilities handle approximately 5.5 million barrels of oil per day. If Iran simultaneously cuts off the roughly 5 million barrels per day of oil supply that the U.S.-backed "shadow fleet" currently transports through the Strait of Hormuz, a successful operation would weaken a significant portion of the alternative transport capacity—the very channels that have sustained some Gulf oil exports amid broader blockade conditions. Given that Brent crude prices are already near $93 per barrel under the current tense situation, any credible action targeting Yanbu or Fujairah could be perceived by traders as a shock far larger than previous supply disruptions. (Jinshi)
Standard Chartered Bank Analyst: US Treasury Expands Long-Term Bond Buyback, BTC May Hit $100,000 by Year-End
According to Cointelegraph, Standard Chartered Bank analyst Geoff Kendrick pointed out in the latest client report that the U.S. Treasury announced the scale of 10- to 30-year Treasury bond buybacks will be at least doubled from $2 billion per operation to $4 billion, with an execution period from September 9 to November 4. This policy drove long-term U.S. Treasury yields down significantly, effectively alleviating selling pressure in the bond market. Kendrick stated that such government liquidity interventions have historically been bullish for Bitcoin, and coupled with its fixed supply attribute, BTC is expected to hit $100,000 before the end of the year. Technically, he views $65,500 as a key support level; once effectively broken above, it can confirm that the bottom of this cycle has appeared.
Chainflip Hit by Attack, 736,442 USDT Stolen, Recovery Expected Around Monday
Odaily reports: Cross-chain protocol Chainflip has disclosed that an attack targeting Tron USDT occurred yesterday. It has been confirmed that 736,442.17 USDT was stolen through 6 unauthorized payments, while another 115,654.41 USDT in user swaps remained in the vault due to failed payments. All other funds were unaffected.Chainflip stated that the attacker exploited a vulnerability in the Tron transaction memo mechanism by attaching custom memos to transactions already signed by validators, causing the system to identify the same deposit as separate swaps and issue refunds again, ultimately resulting in duplicate payments. The attacker carried out 8 operations over approximately 90 minutes, gradually increasing the amounts. Chainflip said it has completed a fix and has flagged the stolen funds to relevant authorities in an attempt to recover them. The protocol is expected to resume operations as early as Monday and will be responsible for compensating affected users for their losses.
Refi Hub Co-founder Hit by Malicious Claude Link Attack, Contaminated Skill File Attempts to Steal Credentials
Odaily News: Numa Lunah, co-founder of the crypto project Refi Hub, stated that he was hacked after using a download link provided in a Claude chat window to install a transcription application. The link pointed to a fake website bundled with malware, which attempted to steal all information from his device upon execution.Numa Lunah said he wiped and reinstalled the affected laptop and found no signs of sensitive data leakage. Subsequently, he discovered a contaminated Claude Code skill file named SKILL.md in his backups. The file was disguised as a style guide written by himself and contained instructions to re-download malware and steal credentials every time it was loaded.Microsoft Defender Experts previously warned that attackers have shifted from search engine optimization poisoning to large language model response poisoning. These tactics include recommending attacker-controlled download links, AI-branded fake installers, and contaminated code repositories and agent skills. Individuals working in the crypto industry may hold irrevocable credentials such as mnemonic phrases, private key files, hot wallet JSONs, exchange API keys with withdrawal permissions, and deployer keys. (Bitcoin.com News)
Kraken Says It Was Hit by a "Dust Attack," Some Customer Accounts Temporarily Locked
According to Bloomberg, digital asset exchange Kraken stated that some customer accounts were temporarily locked after receiving small cryptocurrency transfers from wallets linked to the sanctioned exchange HTX. Kraken refers to such transfers as "dust attacks," which involve sending tiny involuntary transactions to disrupt or manipulate other cryptocurrency users. In this incident, Kraken believes the attackers' objective was likely to trigger the platform's compliance review by spreading sanctioned funds.
CertiK: Term Labs Hit by Governance Attack, Loses Approximately $8.5 Million
According to monitoring by CertiK Alert, the DeFi lending protocol Term Labs has been targeted by a governance attack, resulting in approximately $8.5 million in asset losses. Currently, around 2,843 ETH and approximately $1.6 million worth of DAI have been transferred to address 0xD5183d8BfC65a50863C62aF2538198A8288FFc13. Term Labs has confirmed that its Term Vaults fell victim to a governance exploit, stating that the team is continuing to investigate the incident and will release further details upon completion of the investigation. Official sources have yet to disclose the specific attack vectors or the scope of the impact.
BTCPay Server Hit by Critical Vulnerability Exploit, Supporters Launch Up to 3 BTC Bounty to Recover Stolen Funds
According to The Block, open-source Bitcoin payment processor BTCPay Server disclosed a critical security vulnerability being actively exploited last Friday and urgently requested users to upgrade to version 2.4.2. The vulnerability affects all versions prior to 2.4.2; attackers can use it to steal administrator macaroon authentication credentials of LND nodes, thereby fully controlling the connected Lightning Network wallets. Users such as Foundation and Citadel21 have confirmed that their Lightning node funds were drained, but BTCPay has not publicly disclosed the total amount stolen or the number of affected nodes. Currently, the official release version 2.4.2 has fixed this vulnerability, and on-chain hot wallets are not affected. The BTCPay Server Foundation has donated 0.21 BTC each to security researcher Craig Raw and Bitcoin Red Team to commend their responsible private disclosure of the vulnerability. Meanwhile, BTCPay supporters have promised to provide a bounty incentive of "10% of recovered funds," capped at 3 BTC.
BTCPay Server Hit by Critical Vulnerability Attack, Official Team Urges Users to Upgrade Immediately and Rotate Credentials
Bitcoin payment processing project BTCPay Server warns that a critical vulnerability on its servers is being actively exploited, potentially allowing attackers to gain unauthorized access and cause loss of funds. Users are urged to upgrade to version 2.4.2 and change relevant credentials.
Record Central Bank Gold Purchases, LME Copper Prices Hit New Highs, and Middle East Developments
The People's Bank of China increased its gold holdings in August to a single-month record high, and Huawei released its next-generation chips. LME copper prices broke through a record of $14,533, the Japanese yen surged sharply, and geopolitical tensions in the Middle East continued to escalate.
Trump's Approval Ratings Hit New Low as Envoy Heads to Ukraine for Talks with Putin
Trump's recent activities have drawn attention, with the latest polls showing his presidential approval rating dropping to a historical low of 33%. Meanwhile, his envoy and Kushner traveled to Kyiv to discuss the Ukraine situation with Putin, while the MAGA Committee also donated $10 million to midterm election candidates.
AI Token Prices Hit All-Time Lows, Down 50% From May Peak
According to Yonhap News Agency, the LLM Token Expenditure Index released by US market information agency Silicon Data fell to 97 cents per million tokens on August 31, marking a historic low since its establishment at the end of last year, down over 50% from the May high of $2.05. Analysts attribute this downward price trend to several key drivers: the launch of the open-source model "Kimi K3" by Chinese AI firm Moonshot AI, OpenAI's price cut for the ChatGPT-5.6 series in July, and the implementation of dynamic pricing mechanisms by leading vendors. While the decline in token prices helps reduce user costs, it will create revenue pressure for model developers such as OpenAI, Anthropic, and Google. The investment head at Seez Group pointed out that foundational model companies are most directly impacted, recommending a strategic shift toward strengthening distribution channels, memory, and context capabilities to raise user switching costs and defend against competitive erosion from open-source models.
Refi Hub Co-founder Hit by Malicious Claude Link Attack, Contaminated Skill File Attempts to Steal Credentials
Odaily News: Numa Lunah, co-founder of the crypto project Refi Hub, stated that he was hacked after using a download link provided in a Claude chat window to install a transcription application. The link pointed to a fake website bundled with malware, which attempted to steal all information from his device upon execution.Numa Lunah said he wiped and reinstalled the affected laptop and found no signs of sensitive data leakage. Subsequently, he discovered a contaminated Claude Code skill file named SKILL.md in his backups. The file was disguised as a style guide written by himself and contained instructions to re-download malware and steal credentials every time it was loaded.Microsoft Defender Experts previously warned that attackers have shifted from search engine optimization poisoning to large language model response poisoning. These tactics include recommending attacker-controlled download links, AI-branded fake installers, and contaminated code repositories and agent skills. Individuals working in the crypto industry may hold irrevocable credentials such as mnemonic phrases, private key files, hot wallet JSONs, exchange API keys with withdrawal permissions, and deployer keys. (Bitcoin.com News)
Iranian Official: Plans to Attack Crude Oil Export Facilities Aim to Hit Trump Ahead of U.S. Midterm Elections
A senior Iranian official has stated that Tehran is planning to wage an economic war, including attacks on oil bypass export facilities in the Gulf region, with the aim of driving up U.S. gasoline prices and undermining the support rate of Trump's party ahead of the U.S. November midterm elections. According to the official's description, the targets of this plan will include two major alternative routes used by shippers to avoid the Strait of Hormuz: Saudi Arabia's Yanbu oil pipeline and the UAE's Fujairah oil terminal. Together, these two facilities handle approximately 5.5 million barrels of oil per day. If Iran simultaneously cuts off the roughly 5 million barrels per day of oil supply that the U.S.-backed "shadow fleet" currently transports through the Strait of Hormuz, a successful operation would weaken a significant portion of the alternative transport capacity—the very channels that have sustained some Gulf oil exports amid broader blockade conditions. Given that Brent crude prices are already near $93 per barrel under the current tense situation, any credible action targeting Yanbu or Fujairah could be perceived by traders as a shock far larger than previous supply disruptions. (Jinshi)
BTCPay Server Hit by Critical Vulnerability Exploit, Supporters Launch Up to 3 BTC Bounty to Recover Stolen Funds
According to The Block, open-source Bitcoin payment processor BTCPay Server disclosed a critical security vulnerability being actively exploited last Friday and urgently requested users to upgrade to version 2.4.2. The vulnerability affects all versions prior to 2.4.2; attackers can use it to steal administrator macaroon authentication credentials of LND nodes, thereby fully controlling the connected Lightning Network wallets. Users such as Foundation and Citadel21 have confirmed that their Lightning node funds were drained, but BTCPay has not publicly disclosed the total amount stolen or the number of affected nodes. Currently, the official release version 2.4.2 has fixed this vulnerability, and on-chain hot wallets are not affected. The BTCPay Server Foundation has donated 0.21 BTC each to security researcher Craig Raw and Bitcoin Red Team to commend their responsible private disclosure of the vulnerability. Meanwhile, BTCPay supporters have promised to provide a bounty incentive of "10% of recovered funds," capped at 3 BTC.
Related news
Bonk Guy: PONS Fundamentals Continue to Improve, May Break Out of Consolidation Range to Hit New Highs
Bonk Guy posted on X platform that PONS fundamentals have continued to improve during the recent consolidation period. Over the past two weeks, even as Robinhood Chain hype somewhat declined, Pons daily revenue has consistently exceeded $1 million, with 80% of protocol revenue continuing to be used for buying back and burning PONS. More than 30% of the token supply has now been permanently burned. Additionally, Pons currently holds approximately 75% to 80% of the Robinhood Chain Launchpad market share. Based on current data, annualized fees and revenue are approximately $829 million and $159 million respectively, while PONS market cap stands at approximately $430 million. For comparison, PUMP's annualized fees and revenue are approximately $1.115 billion and $460 million respectively, with a market cap of approximately $1.75 billion.Bonk Guy stated that PONS has the potential to reach a circulating market cap of at least $5 billion this cycle, representing over a 10x increase from current levels.
Hit a new all-time high: Solana's token issuance over the past 7 days exceeded 1.49 million
Odaily report: According to SolanaFloor monitoring, Solana's token issuance over the past 7 days exceeded 1.49 million, setting a new single-week record for the network.
Analyst: Bitcoin Hasn't Hit a New High in Nearly a Year, but Cycle High Intervals Keep Shortening
Odaily reports: Analyst Darkfost posted on X platform that Bitcoin is about to enter a phase of 365 days without setting a new all-time high (ATH). In previous cycles, Bitcoin typically set new highs shortly after halving, but this pattern appears to be changing. Meanwhile, the time interval from each cycle's peak to the next all-time high is also shortening: 1,180 days from 2014 to 2017, 1,094 days from 2017 to 2020, and 849 days from 2021 to 2024. Darkfost believes that if this trend continues, Bitcoin may reach a new all-time high more quickly this cycle. The next Bitcoin halving is expected to occur around April 2028.
Chainflip Hit by Attack, 736,442 USDT Stolen, Recovery Expected Around Monday
Odaily reports: Cross-chain protocol Chainflip has disclosed that an attack targeting Tron USDT occurred yesterday. It has been confirmed that 736,442.17 USDT was stolen through 6 unauthorized payments, while another 115,654.41 USDT in user swaps remained in the vault due to failed payments. All other funds were unaffected.Chainflip stated that the attacker exploited a vulnerability in the Tron transaction memo mechanism by attaching custom memos to transactions already signed by validators, causing the system to identify the same deposit as separate swaps and issue refunds again, ultimately resulting in duplicate payments. The attacker carried out 8 operations over approximately 90 minutes, gradually increasing the amounts. Chainflip said it has completed a fix and has flagged the stolen funds to relevant authorities in an attempt to recover them. The protocol is expected to resume operations as early as Monday and will be responsible for compensating affected users for their losses.
Crypto Market Liquidations Hit $264 Million as Bitcoin Briefly Drops Below $78,000
Odaily News: Bitcoin fell below $78,000 on Tuesday, hitting a low of $77,603 before recovering to around $78,600. As of 11:20 AM Eastern Time on Tuesday, its market capitalization stood at approximately $1.58 trillion.The latest price swing triggered $79 million in Bitcoin position liquidations, with long positions accounting for about 90%. Total crypto market liquidations reached $264 million, including $187 million in long positions and $77 million in short positions.The U.S. Bureau of Labor Statistics is set to release the August Producer Price Index (PPI) and Consumer Price Index (CPI) on Thursday and Friday, respectively. (Bitcoin.com News)
Record Central Bank Gold Purchases, LME Copper Prices Hit New Highs, and Middle East Developments
The People's Bank of China increased its gold holdings in August to a single-month record high, and Huawei released its next-generation chips. LME copper prices broke through a record of $14,533, the Japanese yen surged sharply, and geopolitical tensions in the Middle East continued to escalate.