a

Harmony has released two proposals to comprehensively shut down the mainnet launched in 2019, migrate the native token ONE to Ethereum, and shift towards an AI video "mashup economy" business. The team stated that the threats posed by national-level attackers and AI entities are the reasons for proposing the network shutdown plan.The migration plan proposes to take a snapshot of user wallets, staking delegations, validator rewards, smart contracts, and tokens within centralized exchanges at the last block of the network, airdropping new ONE to the same wallet addresses on Ethereum, with holders not needing to actively claim; delegated stakes and unclaimed rewards will be airdropped to their respective governance vaults. The total supply of ONE and the issuance rate will remain unchanged, with newly issued tokens intended for the new business and feedback from governors being considered.Multi-signature wallets, liquidity pools, and on-chain applications cannot be migrated. The team urges users to exit all smart contracts by September 10, 2026, and plans to publicly disclose token contracts, snapshot calculations, and airdrop scripts for auditing. Validators can stop running nodes starting from September 10 at 22:00 Beijing time. The team plans to compensate for the difference in issuance rewards between node shutdown and the final block of the network, establishing a one-time compensation pool of $1.372 million, to be paid in four quarters to validators and their delegators who timely shut down, sign agreements, retain stakes, and serve as governors of the new project.The new business will open up prompts and materials for users to create secondary content, with AI entities expanding video stories, and will recruit operators responsible for video generation, distribution, and content review. Harmony plans to subsidize GPU hardware in the first year and promote demand for video generation, with operators required to stake tokens to earn rewards based on service online time. The team plans to help operators generate up to $1 million in total revenue in the first year, provided they meet staking and online rate requirements; promoters can initially earn a 30% ongoing commission from each $10 monthly subscription they recommend. Both proposals are non-binding and the plans may still be adjusted.

Co-founder of Arbitrum Steven Goldfeder and co-founder of Solana Toly engaged in a debate over on-chain transaction fees, MEV protection, and the single sequencer model.Steven stated that one cannot simply compare surface-level fees. Arbitrum One and Robinhood Chain actively prevent front-running and most harmful MEV, while some chains that claim lower fees have higher MEV costs, including front-running against retail investors. He expressed a preference for paying clear fees upfront rather than incurring hidden losses from front-running, sandwich attacks, and other issues for the sake of lower fees.Toly countered that Arbitrum currently has a less favorable bid-ask spread and higher fees. The 10% cut taken from transaction fees alone translates to a cost in basis points that exceeds the loss rate from sandwich attacks, which he estimates to be about 10 times that of the latter, not accounting for the impact of the spread. He emphasized, "A single sequencer that pursues shareholder value maximization can never outperform permissionless competition."

According to Catcher Predict monitoring, in the market prediction event "Arsenal FC vs Chelsea FC More Markets" on Polymarket, the "Over" option in the sub-market "Arsenal FC Second Half O/U 0.5" experienced a sharp fluctuation in winning probability, soaring from 50.5% an hour ago to the current 65.5% (a fluctuation of 15%). Please note the impact of relevant breaking news.

According to on-chain detective ZachXBT's monitoring, multiple verified WOO X users have recently reported that their withdrawals have remained in "pending" or "processing" status for the past three days. WOO X is incubated by Kronos Research and was acquired by FusionX Digital in the fourth quarter of 2025, which is reportedly associated with BitMart founder Sheldon Xia.Previously, BitMart announced the cessation of operations and restructuring on July 26, 2026, with some user funds still unable to be withdrawn, leading to an increase in related complaints on the X platform. Sheldon Xia has stated that user asset security is a priority, but this claim has not yet been independently verified. As of now, WooX has not issued a public statement regarding the withdrawal delay issue.

Bitcoin News posted on platform X stating that the International Monetary Fund mentioned that El Salvador has accumulated Bitcoin since June 2025 without using public funds, and this accumulation reflects private donations.El Salvador disclosed in November 2025 that it purchased 1,090 Bitcoins, valued at approximately 100 million dollars, increasing its Bitcoin holdings to 7,474 coins. The International Monetary Fund also stated that El Salvador is improving the transparency of Bitcoin holdings across various wallets and strengthening the governance and risk management of public sector crypto asset holdings.

According to CoinDesk, the Bitcoin mortgage product jointly launched by Better Mortgage and Coinbase has been fully launched last week. Borrowers can pledge Bitcoin at a 250% collateral rate to pay for the down payment on a home. For example, to purchase a $500,000 property, one would need to pledge $250,000 in Bitcoin to support a $100,000 down payment. Since the full launch, the pre-application loan scale has reached $360 million, higher than the previous estimated $260 million from the waiting list users.At closing, borrowers will receive two loans: one is a conventional mortgage secured by the property that meets Fannie Mae standards, and the other is a down payment loan secured by pledged Bitcoin and a subordinate lien on the property. Better disclosed that it may re-pledge the Bitcoin pledged by borrowers, as long as an equivalent amount of assets is retained for return. Borrowers cannot retrieve their crypto assets early and must wait until the conventional mortgage is fully repaid or refinanced to recover them, meaning Bitcoin may be locked for up to 15 to 30 years.Unlike typical crypto loans, a drop in Bitcoin prices will not trigger a margin call or automatic liquidation; liquidation of pledged assets may only occur 60 days after the borrower defaults. Coinbase only acts as a custodian and technology provider and does not participate in credit decisions. Currently, the product only supports Bitcoin collateral; both parties mentioned USDC when announced in March but ultimately chose to launch with BTC first.

According to Coinglass data, if ETH falls below $2,370, the cumulative long liquidation intensity on mainstream CEX will reach $897 million. Conversely, if ETH breaks above $2,615, the cumulative short liquidation intensity on mainstream CEX will reach $669 million.

According to Coinglass data, if BTC breaks through $83,367, the cumulative short liquidation intensity on mainstream CEX will reach $830 million. Conversely, if BTC falls below $76,479, the cumulative long liquidation intensity on mainstream CEX will reach $830 million.

According to Catcher Predict monitoring on-chain data, there is a prediction of significant capital movement in the Polymarket market. A large whale invested $64,747.27 in the event "Counter-Strike: Spirit vs MOUZ - BLAST Open Porto Playoffs" on the "Match Winner" market. Based on the current transaction price, the latest corresponding winning probability for this target is 37%.

Bitcoin News posted on platform X stating that CNBC reported that a small football club in the UK, Real Bedford, aims to become a global Bitcoin brand.Real Bedford was acquired by podcast host Peter McCormack in 2022 and has attracted fans from around the world, raising $4.5 million from Cameron Winklevoss and Tyler Winklevoss, allowing fans to purchase tickets, food, and merchandise using Bitcoin.Some players and staff are paid partially or entirely in Bitcoin. The club's ultimate goal is to enter the English Football League, build a new stadium and youth academy, and demonstrate that the global Bitcoin community can help transform local clubs.

According to official news, Gate has launched Hakimi perpetual contract trading (settled in USDT), supporting 1-20 times leverage. At the same time, Gate has launched SUE (Construction Cat) perpetual contract trading (settled in USDT), supporting 1-10 times leverage.It is reported that SUE (Construction Cat) is an orange kitten rescued from a Komatsu excavator in Ohio, USA. The construction team named it after the machine brand, abbreviated as Sue. SUE is a meme coin on the BCS chain.

Ethereum co-founder Vitalik Buterin stated that the Poseidon hash function series, developed over many years, has generated significant practical value in Ethereum and other fields, and will continue to play a role in the coming years.Modern privacy protocols can quickly generate SNARK proofs on the client side, and Poseidon is one of the important reasons for this. Vitalik pointed out that today's general-purpose STARK has achieved extremely high performance, with the proof overhead for almost any batch computation reduced to three-digit levels, and it is expected to further drop to two-digit levels or even lower in the future, a development that has even exceeded expectations from the early 2020s.

The decentralized lending protocol Pencil Finance has announced the completion of a $1 million student loan portfolio on-chain, including fundraising, lending, repayment records, and fund returns, constituting a complete financing and repayment cycle. Animoca Brands, Open Campus, and NewCampus provided funding for this portfolio in July 2025.The education financing company ErudiFi issued most of the funds through Southeast Asian student loans and tuition financing, covering markets such as Indonesia and the Philippines. The portfolio operates for 12 months, supporting over 6,600 students across 118 schools and universities, of which approximately 1,050 students received funding directly attributable to Pencil Finance. Investors are divided into priority and subordinate shares, with the former providing fixed returns and enjoying repayment priority, while the latter has variable returns and bears the first loss from defaults. Pencil Finance claims this is the first fully on-chain student loan cycle, but has not disclosed interest rates, investor yields, default situations, or blockchain transaction records.

Cryptocurrency analyst Willy Woo stated that Bitcoin is significantly decoupling from the U.S. stock market, with the last occurrence of such a degree of decoupling happening in 2015, which was the prelude to the Bitcoin bull market in 2017.In 2014, the stock market was still in a bull market, while BTC experienced a bear market unrelated to stock market trends. From 2015 to 2016, the stock market fluctuated weakly for two consecutive years, while BTC entered a bull market; then in 2017, when the stock market also turned bullish, BTC further surged. Willy Woo believes that the current market pattern is similar to that time: BTC liquidity continues to strengthen, while the stock market is beginning to show signs of weakness.

According to Catcher Predict monitoring, in the predicted market Polymarket for the event "LoL: Ninjas in Pyjamas vs LGD Gaming - LPL Playoffs," the option "Ninjas in Pyjamas" in the sub-market "Game 4 Winner" has experienced a dramatic fluctuation in winning probability, soaring from 57% an hour ago to the current 73.5% (a fluctuation of 16.5%). Please note the impact of related breaking news.

According to DefiLlama data, Pons and Fomo generated approximately $1.85 million and $1.77 million in revenue over the past 24 hours, both exceeding Hyperliquid's approximately $866,500.Currently, Pons and Fomo rank fifth and sixth respectively in the cryptocurrency protocol revenue chart, while Hyperliquid ranks ninth.

Bitcoin News posted on platform X that the net inflow into the U.S. spot Bitcoin ETF over the past three weeks is approximately $3.8 billion, marking the strongest three-week performance since 2026. As of now, the year-to-date capital flow is still down about $1 billion; last week saw a net inflow of $986.9 million, with $730.8 million net inflow on Thursday.Eric Balchunas stated that when IBIT rises more than 5% and trading volume reaches $3 billion to $4 billion, there is usually a significant inflow of funds. The last time this occurred, IBIT recorded a cumulative inflow of $2 billion over 10 consecutive days.

According to monitoring by TradingBeats, as HYPE broke through $88, the largest HYPE long address on Hyperliquid, 0x082e...ca88, currently holds approximately 1.38 million HYPE long positions, with a position value of about $12.2 million, an average opening price of $38.68, and current floating profits of about $6.862 million, using 5x full leverage.This address opened approximately $40 million in HYPE long positions with 5x leverage about 5 hours before Robinhood announced the launch of HYPE spot trading on October 23, 2025. Due to the precise timing of the large entry, the community suspected there was non-public information, hence it was referred to as the "HYPE listing insider whale."From December 5 to 6 of the same year, this address continued to increase its position by about 93,500 HYPE in the $31 to $32 range, ultimately raising the current holdings to about 1.38 million, and has held the contract position until now. This address has currently paid $5.42 million in funding fees for its long positions.

According to DefiLlama data, Solana's DEX trading volume in the past 24 hours exceeded $1.96 billion, surpassing BNB Chain ($1.64 billion) and Robinhood Chain ($1.61 billion) to reclaim the top spot.