BTC $65,419.88 +1.11%
ETH $1,922.70 +2.60%
BNB $574.00 +0.89%
XRP $1.12 +2.21%
SOL $78.20 +2.03%
TRX $0.3258 -0.11%
DOGE $0.0725 -0.00%
ADA $0.1707 +3.38%
BCH $222.77 +4.68%
LINK $8.60 +2.06%
HYPE $62.65 +4.03%
AAVE $91.85 +2.66%
SUI $0.7663 +2.38%
XLM $0.1881 +0.73%
ZEC $549.70 +2.78%
BTC $65,419.88 +1.11%
ETH $1,922.70 +2.60%
BNB $574.00 +0.89%
XRP $1.12 +2.21%
SOL $78.20 +2.03%
TRX $0.3258 -0.11%
DOGE $0.0725 -0.00%
ADA $0.1707 +3.38%
BCH $222.77 +4.68%
LINK $8.60 +2.06%
HYPE $62.65 +4.03%
AAVE $91.85 +2.66%
SUI $0.7663 +2.38%
XLM $0.1881 +0.73%
ZEC $549.70 +2.78%

unit

All
Article
Flash

Rune: Base has lost community trust, and Cobie responded by stating that he will push Coinbase to be closer to on-chain users

In response to the recent community controversy surrounding Base, crypto KOL Rune questioned on the X platform, stating that Cobie's goal in taking over the Base App is to promote on-chain transactions, but the current management of Base is continuously undermining user trust, leading users to believe that "trusting anything related to Base for more than 24 hours is a mistake." Under this culture, it is difficult to attract new users.In response, Cobie stated that he took over the Base App and related Coinbase trading products a few days ago, but he is not responsible for the Base chain. He acknowledged that Coinbase has long had a distance from users, especially native crypto users, and that Base and Coinbase have overdrawn a lot of user trust due to some avoidable mistakes. He hopes to listen more to the voices of on-chain users in the future and create products that users truly want to use.Subsequently, Rune responded again, stating that Coinbase's biggest problem is not just the alienation from users, but the long-term neglect and even harm to its own users. He indicated that currently over 10,000 Base users have suffered about 99% asset loss due to trusting the Base/Coinbase management, and the management's attitude towards related events has further exacerbated community dissatisfaction.Rune believes that Base has the infrastructure to become the best Layer2 in the crypto industry, but what is truly lacking is a leadership willing to take responsibility for users. He expressed hope that Cobie could change this situation, but emphasized that the current issues with Base are not just about damaged trust, but that community trust has almost completely eroded.
2026-07-18

A man in the United States implanted malware through Steam games to steal cryptocurrency assets, infecting about 8,000 devices

The U.S. federal prosecutors have charged a 21-year-old Florida man, Zyaire Wilkins, accusing him of implanting malware to steal cryptocurrency assets in at least 8 games with accomplices between May 2024 and February 2026, spreading it through gaming platforms, resulting in approximately 8,000 devices being infected and about 80 cryptocurrency wallets being stolen, with the amount involved exceeding $220,000.The indictment documents show that the games involved include BlockBlasters, Chemia, Dashverse, DashFPS, Lampy, Lunara, PirateFi, and Tokenova. Some of these games had previously been removed from Steam due to security risks. Investigators stated that the suspect promoted these games through platforms such as Discord, Telegram, X, and LinkedIn, luring users to download and install them, after which the malware stole sensitive information from victims and siphoned off cryptocurrency wallet assets.The FBI indicated that law enforcement identified the suspect through on-chain fund flow analysis and digital payment records. The investigation found that his associated cryptocurrency wallet had purchased over 150 gift cards on the cryptocurrency gift card platform Bitrefill, including Uber Eats gift cards, ultimately helping investigators confirm his phone number and address. The case has now been filed in the U.S. District Court for the Western District of Washington.

Gate Research Institute: June market structural adjustment, funds concentrated on impulse volume opportunities

Gate Research Institute recently released the market report titled "June Market Structural Adjustment, Funds Concentrated on Impulsive Volume Opportunities," indicating that in June 2026, the cryptocurrency market weakened again under the multiple influences of macro pressure, institutional capital outflows, and a decline in risk appetite.From the market structure perspective, June did not see a widespread recovery, but rather a localized profit effect driven by a few long-tail assets. About 71% of the top 500 tokens recorded a decline, with only a quarter achieving an increase. BTC, ETH, and most mainstream assets faced pressure simultaneously, while low market cap tokens like CYDX, ANSEM, VELVET, SYN, and CX recorded increases of several times or even hundreds of times due to event catalysts and capital speculation, significantly raising the overall average returns.Volume analysis shows that the average trading volume amplification factor for 450 valid samples is 2.54x, with a median of only 0.49x. Only 17 tokens had a volume increase of more than 3 times, and 8 tokens exceeded 10 times. TEMPLE (289.05x), CX (259.13x), and MTBILL (128.15x) ranked at the top of the volume list.Overall, the market in June is still in a phase of shrinking risk appetite, and true recovery signals still need to be observed in the stabilization of leading assets like BTC and ETH, as well as the re-diffusion of funds from long-tail speculation back to mainstream assets.

Cambridge Research: The United States hosts about 31% of Ethereum nodes, with over 1/3 of the nodes offline or affecting final confirmation

The latest research from the Cambridge Centre for Alternative Finance shows that approximately 31% of Ethereum node activity is located in the United States, with about 39% distributed in the EU region excluding the UK, indicating that the geographical distribution of Ethereum nodes is still relatively concentrated in Western countries. The research leader, Alexander Neumuller, stated that the current node distribution is not concentrated in a single country but primarily relies on a few cloud service providers, including Hetzner, Amazon AWS, and OVH.It is noteworthy that the Ethereum network does not require half of the validators to fail for issues to arise; when more than one-third of validators go offline simultaneously, the network may be unable to complete the finalization of block checkpoints. Neumuller pointed out that nodes and validators do not have a one-to-one correspondence; a single node may run multiple validators, making it currently impossible to accurately assess the actual impact of a specific node or service provider failure on the validation network. Additionally, the research reassessed the energy consumption situation after Ethereum's Merge. The data shows that Ethereum's current annual energy consumption is approximately 7.9 GWh, equivalent to about 1 megawatt of continuous power, which is only about 0.02% of the pre-Merge level, with energy consumption decreasing by approximately 99.98%. Currently, the proportion of sustainable energy used by the Ethereum network exceeds 56%, higher than the global average. The research also pointed out that the concentration of client software is another potential risk; if a dominant client has a vulnerability, it could affect a large number of network participants. The report was published by the Cambridge Centre for Alternative Finance, with support from the Ethereum Foundation.

The dark side of the moon plans to release the Kimi K3 large model soon, with a parameter scale reaching 2 to 3 trillion, closely following the leading teams in the United States

According to the Financial Times, informed sources reveal that the Chinese AI unicorn company Moonshot AI plans to release a new large language model, Kimi K3, in the near future. This model has between 20 trillion to 30 trillion parameters, making it the largest AI model in China by parameter scale, and its performance is expected to surpass the flagship model Claude Opus 4.8 from Anthropic in mainstream benchmark tests (industry speculation suggests its parameter count is around 15 trillion to 20 trillion).Unlike the currently mainstream closed-source and expensive cutting-edge large models in the United States, Kimi K3 will be available as an open-weight model for users to download and modify for free, which may create competitive pressure for leading American labs like OpenAI and Anthropic. Currently, due to the rising service fees for large models in the U.S. (for example, Anthropic has announced a 50% price increase for Opus 4.8 in September), some overseas companies have begun to shift towards using more cost-effective Chinese open-source models.In terms of the capital market, informed sources indicate that Moonshot AI is preparing for a new round of financing, with the latest valuation expected to reach approximately $31.5 billion. Meanwhile, the valuations of other AI giants in China and the U.S. are also rising; DeepSeek is starting a new round of financing with an estimated valuation of about $71 billion, while Anthropic and OpenAI have reached valuations of $965 billion and $852 billion, respectively, in their latest round of financing. In response to the aforementioned release and financing rumors, Moonshot AI has currently declined to comment.
app_icon
ChainCatcher Building the Web3 world with innovations.