rhea

Glassnode and Coinbase Institutional jointly released the Q4 2026 "Charting Crypto" report. The report suggests that Bitcoin has transitioned from a bottoming phase to an initial recovery in Q3, with an overall positive outlook for Q4, although caution is still advised in the short term.The report shows that the net unrealized profit and loss indicator (NUPL) for Bitcoin has returned to the "optimistic/anxious" range, still below the threshold of the "belief/denial" phase. The supply of Bitcoin that has not moved for over a year continues to increase, with long-term holders largely maintaining their positions during the rebound, and the return of new participants has driven a recent rise in active supply. As of the end of September, there is a dense cost area for Bitcoin above the price, which includes the resistance area that previously limited the rise in September, while multiple layers of support are distributed below.

According to a report by Seoul Economy on the 16th, Samsung Electronics is experiencing performance degradation due to overheating in Qualcomm's next-generation application processor intended for the high-end model Galaxy S27 Ultra, which is set to be released early next year. The MX division of Samsung's DX department is conducting final performance validation on the Qualcomm Snapdragon 8 Elite Extreme 6th generation that will be equipped in this model and has requested Qualcomm to resolve the overheating issue by mid-month.Several related individuals stated that the chip repeatedly exceeded temperature benchmarks during recent internal testing, leading to a decrease in processing speed under sustained high load. Samsung informed Qualcomm of the results last month, and as of the report, the overheating stability required by Samsung has not yet been achieved, with both parties still working to enhance performance and revalidate. This chip is Qualcomm's highest-end mobile application processor publicly announced last month, focusing on handling complex AI tasks on the device side and improving the performance of the CPU, GPU, and more.Mass production of the Galaxy S27 series is scheduled for the end of this year, and Samsung plans to confirm the results of the overheating improvements and finalize the application processor selection by mid-month. If the standards are met, Snapdragon will be used as originally planned; if not resolved, the Exynos 2700, designed by Samsung's System LSI and utilizing the second-generation 2-nanometer process SF2P from its foundry division, may be considered as an alternative. Since the global use of Qualcomm application processors began with the Galaxy S23 Ultra in 2023, if the Exynos 2700 is adopted in next year's Ultra, it will mark a return to the highest-end model after about five years since 2022. Industry insiders indicate that Qualcomm's application processor has not been completely ruled out.

Trader Killa stated on platform X that the supply of short-term holders (STH) of Bitcoin has recently reached "overheated" levels, a situation similar to the market's behavior after breaking away from the macro bottom in 2023, which could be another signal of a market bottom forming.Killa pointed out that after the supply of Bitcoin short-term holders reached similar highs in 2023, the BTC price continued to rise and maintained an upward trend in higher time frame (HTF) trends. The current market structure is quite similar to previous cycles, and investors should not overly rely on the fear and greed index to judge market direction. Killa indicated that market sentiment may remain irrational in the long term, and short-term sentiment indicators do not necessarily reflect long-term trends.

According to Coingecko data, the token Rhea of the cross-chain DeFi project Rhea Finance in the Near ecosystem has surpassed $0.19, with a 24-hour increase of 131% and a 7-day increase of 466%.It is reported that the project offers services such as lending, yield, cross-chain bridges, and Perp on Near, making it the largest DeFi ecosystem project on Near at present.

According to Jinshi, Federal Reserve's Goolsbee stated that in a world where the productivity gains brought by artificial intelligence are factored into stock prices and lead people to consume based on that, the economy may experience overheating.

According to RHEA Finance's official disclosure, the NEAR ecosystem lending protocol RHEA Finance (formerly known as Burrow Finance) experienced a margin trading feature hack, resulting in a loss of approximately $18.4 million.The attacker began laying the groundwork several days prior by creating multiple fake token pools on Ref Finance and injecting liquidity, constructing a malicious exchange route that exploited a vulnerability in the protocol's slippage protection mechanism—this mechanism did not account for the scenario where intermediate tokens were reused when calculating the minimum output of multi-step exchanges—leading to the borrowed debt tokens being directed into fake token pools controlled by the attacker, triggering a large-scale forced liquidation that ultimately drained the protocol's reserve pool. During the attack, the attacker deleted a total of 55 intermediate accounts to cover their tracks. Currently, the attacker has returned approximately 3.359 million USDC and 1.564 million NEAR to the RHEA lending contract, while another 4.34 million USDT has been frozen (of which Tether froze 3.291 million and NEAR Intents froze 1.053 million). The protocol contract has been suspended, and the team is collaborating with centralized exchanges for joint tracking and has notified relevant law enforcement agencies.

Rhea Finance released an attack review report, confirming that the actual loss from this vulnerability is approximately $18.4 million, significantly up from the initial estimate of about $7.6 million. The attacker constructed complex trading paths, manipulated liquidity using fake token pools, and directed borrowed assets into pools under their control, while only returning a minimal amount of assets, causing a large number of margin positions to quickly become under-collateralized and trigger liquidation, ultimately depleting the protocol's reserve funds.Currently, approximately $11.2 million in funds have been recovered or frozen, including some USDC and NEAR assets returned by the attacker, as well as about $4.34 million in USDT that has been frozen (with assistance from Tether).

Tether CEO Paolo Ardoino posted on X that Tether has frozen 3.29 million USDT in the hacker address of Rhea Finance.Paolo Ardoino specifically mentioned, "Tether takes this matter seriously," seemingly implying that Circle has not restricted the actions of hackers using USDC to transfer stolen funds in recent incidents such as Drift.

According to CertiK monitoring, the DeFi protocol Rhea Finance was attacked, with attackers extracting at least $7.6 million in total.The attackers misled the oracle and validation layer to complete the attack by creating fake token contracts and injecting liquidity into newly created funding pools.

According to Cointelegraph, macroeconomist Lyn Alden stated that Bitcoin's next surge may start when overheated AI stocks peak and funds begin to rotate back into BTC.

ChainCatcher news, CryptoQuant analyst Axel Adler Jr posted on platform X that the trading price of BTC futures is at a premium to spot, with the basis remaining positive, and the 7-day average is higher than the 30-day average, indicating a bullish state. Overheating/divergence signals appeared before the Federal Open Market Committee, which is a sign of short-term overheating (the basis rises with lighter volume), indicating that this trend is in its later stages.The fundamental outlook for the next two weeks (70% probability): a gradual upward trend/consolidation. If a set of green trend confirmation signals (price increase + basis increase + OI increase) appears in the next few days, it will indicate new bullish participation and increase the likelihood of a new ATH.

ChainCatcher news, according to CryptoQuant data, analyst Axel Adler Jr. stated that BTC futures are trading at a premium relative to spot trading, with the basis remaining positive and the 7-day basis higher than the 30-day basis, indicating a bullish pattern. There were signs of overheating/divergence before the Federal Reserve meeting, and the short-term overheating phenomenon (basis rising under low trading volume) suggests that this round of increases has entered the later stage.The analyst mentioned that there is about a 70% probability of a stair-step increase or sideways movement in the next two weeks. If a cluster of green trend confirmation signals (price increase + basis increase + open interest increase) appears in the coming days, it will indicate new bullish participation and increase the likelihood of reaching a new all-time high.

ChainCatcher news, according to Jinshi reports, Meghan Robson, the head of U.S. credit strategy at Societe Generale, stated that today's Federal Reserve decision suggests a priority on economic growth rather than inflation, which could lead to an "overheating" of the economy until the inflation path becomes clearer. She believes this policy approach should currently support credit spreads.

ChainCatcher news, according to the official announcement, Binance Wallet has launched a BSC trading competition on the Binance Alpha platform.During the event, by trading PlaysOut (PLAY), Rhea Finance (RHEA), INFINIT (IN), EGL1 (EGL1), and Hyperion (RION) through the Binance Wallet (non-custodial wallet) or the Binance Alpha platform, users can win exclusive token rewards. All users eligible for token trading on the Binance Alpha platform can participate in this trading competition.The event will take place from August 20, 2025, 16:00 (UTC) to September 3, 2025, 16:00 (UTC).

ChainCatcher message, Glassnode data shows that the ETH price is once again stagnating at the $4,700 (+1σ effective realized price) level, a resistance level that was last broken in March 2024. This price level has repeatedly acted as a resistance in historical cycles, indicating that the current market may be overheated and facing significant selling pressure.

ChainCatcher news, according to Jinshi reports, the financial blog Zero Hedge assesses that the U.S. July CPI data is not too hot, therefore the possibility of the Federal Reserve cutting interest rates in September is feasible.

ChainCatcher news, Bloomberg cited sources saying that China has requested local brokerages and other institutions to stop publishing research reports related to stablecoins or holding promotional seminars, in order to prevent market overheating and control potential risks.Sources revealed that in late July and early August, some large brokerages and think tanks received guidance from financial regulatory authorities, requesting the cancellation of related activities and the cessation of disseminating research content about stablecoins.Recently, regulatory authorities in Beijing, Suzhou, and Zhejiang have issued warnings about illegal fundraising risks related to virtual currencies and stablecoins.Stablecoins are typically backed by cash-like assets, issued by private companies, and are often pegged to the US dollar, supported by assets such as US Treasury bills. The global supply of stablecoins is expected to reach $3.7 trillion by 2030.

ChainCatcher news, according to market data from RootData, the Rhea Finance token (RHEA) has increased by 38% in the last 24 hours, currently priced at $0.08733.According to the Web3 asset data platform RootData, [Rhea Finance](https://www.rootdata.com/zh/Projects/detail/Rhea Finance?k=Nzg0 "decentralized lending protocol") is a decentralized, non-custodial pool-based interest rate platform that allows users to provide assets to earn interest and borrow assets to release liquidity.

ChainCatcher message, Bitget launches the "Exclusive VIP Airdrop Festival" 9th event, open to users of VIP3 and above. This airdrop project is RHEA, with a total prize pool of 600,000 RHEA. The event ends on August 2 at 20:00 (UTC+8). Users only need to complete the registration, no additional tasks are required. Before the event ends, registered users must maintain a VIP3 or above level to successfully unlock this airdrop reward.

ChainCatcher message, according to market data, RHEA (Rhea Finance) has increased by over 660% after being listed on Bitget, with the current price reported at 0.038 USDT.