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Zhao Changpeng appeared on the podcast "Meanders." Zhao Changpeng stated that if he were to redo a global cryptocurrency trading platform in 2017, the first principle would be to avoid U.S. users. Their definition of centralized financial platforms is: if you have U.S. users, you need to be subject to U.S. regulation and obtain a license in the U.S. This is not 100% enforced in the U.S., but they have the right and the ability to do so.Additionally, contracts might be developed a bit earlier. Even some other financial products could potentially be developed a bit earlier, and financial products would be more comprehensive. Communication with regulators might be more thorough. Binance is currently the trading platform that communicates the most with regulators, but the coverage is still somewhat lacking. Moreover, if you really want to do this, the cost is very high. It's not just a matter of money; you need to hire good people, spend a lot of time, and invest a lot of time managing this matter.

Liquid Capital founder Jack Yi (易理华) posted on the X platform, stating that he remains bullish. Currently, the resistance level is consolidating; in a bull market, both resistance level consolidation and pullbacks from high positions are normal phenomena. He plans to go long at high positions and then wait for a reasonable pullback to continue buying. The bull market trend is expected to last at least until 2028, so it's best to avoid shorting.Risk assets have finally welcomed opportunities, and AI is far from reaching a bubble moment. Seizing these two waves of investment opportunities is currently the best strategy. Perhaps he is indeed not good at shorting, as everyone benefits from the industry bull market. Now that the trend is bullish, going long is even easier; one shouldn't always think about speculating by shorting.

Grayscale's research director Zach Pandl stated that investors are generally advised against trying to time the market, but from the perspectives of structural adoption trends, market cycles, and macro risks, the current Bitcoin price may provide a favorable entry point for long-term investors. Grayscale believes that the continued growth of government debt, the expansion of blockchain technology applications in the financial services sector, and intergenerational changes in portfolio construction indicate that the long-term adoption trend of Bitcoin remains solid.Currently, this round of Bitcoin bear market has lasted about 10 months, while previous bear markets typically lasted 11 to 12 months, suggesting that the market may have entered the later stages of the bear market. The macro environment remains the main source of uncertainty. If the Federal Reserve raises interest rates in the near future, Bitcoin may decline further; if there are no rate hikes, the market may have already reached its bottom. Grayscale stated that structural adoption, cyclical positioning, and the overall macro outlook are currently relatively favorable, but future performance remains uncertain.

Regarding the recent attack on the payment public chain Keeta, Keeta Network CEO Ty sent a letter to the attackers stating that the investigation has made substantial progress and evidence has been collected that can identify the attackers. This includes information on the IP addresses related to the attack, the VPN and VPS infrastructure used, the user agents and technical environment that initiated unauthorized requests, relevant email addresses, the software used, and the infrastructure service providers. The relevant evidence has been preserved and submitted to the authorities.The attackers are required to return all funds obtained from this attack within 72 hours, with repayment acceptable in KTA, ETH, or USDC. If the full amount is returned, a certain reward will be offered, and the matter will be resolved without pursuing legal responsibility. If the deadline is exceeded and the funds are not returned, all rights to pursue legal action and fund recovery will be reserved. Ty previously stated that the root cause of the security incident has been confirmed and patches are being tested. The issue is an isolated problem with the affected components and does not impact Keeta's anchor system or any external connection systems. All KTA on Base has not been affected. The Keeta mainnet will remain in read-only status until the patches are fully tested and appropriate additional safeguards are implemented before resuming full operation. The team is actively assessing the best way to fully compensate all affected users.

At the SALT conference held in Jackson Hole, Wyoming, CZ discussed the previously mentioned "super cycle" of Bitcoin at the Davos Forum, stating that this claim has yet to materialize. From the data, the market still follows a relatively strict four-year cycle, currently in the bear market phase; however, as the total market capitalization continues to expand, the price volatility will tend to narrow, similar to the price fluctuation patterns of large companies like Amazon and Facebook.Regarding the regulatory environment in the United States, CZ stated that this is the friendliest industry environment he has seen in his 12 years of work, and he believes that the U.S. regulatory framework has a demonstrative effect globally, with many countries' securities laws and exchange regulatory structures referencing the U.S. At the same time, Hong Kong is accelerating its legislative efforts to align with U.S. regulatory thinking. Additionally, CZ discussed the allocation situation of his investment firm YZi Labs, stating that currently about 70% of the funds are directed towards the core tracks of crypto and blockchain, about 20% towards AI, and the remaining portion towards fields like biotechnology.YZi Labs uses its own funds and is not constrained by external LP return cycles, placing more emphasis on the positive impact of projects and the execution capability of founding teams rather than purely on financial return models. Regarding Hyperliquid, CZ mentioned that there is a misunderstanding in the industry, believing that as a shareholder of Binance, he would only maintain a CEX position, but his entry into this industry was precisely because he believes in decentralization. If platforms like Hyperliquid, which do not require KYC, can enter the U.S. market in a compliant manner, it will open the doors for the entire industry, allowing more Perp DEX and decentralized services to reach users in the U.S. and globally, thus providing American consumers with better liquidity and pricing. This will not only benefit Hyperliquid itself but also international centralized trading platforms, including Binance.

On August 20, CZ retweeted his views on Hyperliquid's introduction to the United States and stated that many people overlook the bigger picture. Policies cannot apply only to a single company or project; a favorable policy benefits the entire industry.Previously, CZ commented on "the Trump administration potentially introducing Hyperliquid to the United States in a compliant and legal manner," stating that this would open up more Perp DEX and decentralized services to U.S. users, which would be a significant boon for the entire industry.

U.S. President Trump stated that the impact of artificial intelligence (AI) may surpass that of the internet and anything humanity has ever seen, calling for enhanced regulation while avoiding restrictions on the development of the AI industry. Trump claimed that the U.S. currently leads the world in the field of AI, and the government should promote the construction of AI infrastructure, including accelerating the development of data centers and supporting power facilities.He noted that AI companies are building new power generation facilities to supply data centers rather than relying on outdated power grids. Trump also urged state governments and local officials to support AI data center projects, believing they will bring a large number of jobs, tax revenue, and investment. However, he also acknowledged that the AI industry faces public image pressure, as some regions are opposing due to the electricity consumption, water resource usage, and environmental impact caused by data centers.

Binance founder Zhao Changpeng stated at Binance Square: Too many people are trying to overinterpret "What does this mean?" Today, I tested Trust Wallet and found too many Meme tokens in the wallet, so many that it was hard to even find BNB, so I tried to burn some tokens. As a result, even this action sparked quite a bit of community discussion. I realized that I could never "clean up" the meme coins on this address. The more I burn, the more people will send coins to this address. The transparent nature of blockchain means that any action on this address will be overinterpreted by the community.I even considered asking the Trust Wallet team to create an "Ignore Coin" feature to avoid cluttering the interface, but 99.99% of people wouldn't use this feature at all. So the plan is as follows: I will donate BNB and the "Binance Life" tokens purchased with BNB to Giggle Academy. After that, I will stop using this address and turn it into a burn address.

Grayscale Research Director Zach Pandl stated that the global alternative asset market has grown nearly 7 times since the 2008 financial crisis, with the share of private equity, private credit, hedge funds, physical assets, and cryptocurrency in global portfolios continuing to rise. According to the data he cited, within alternative assets, private equity accounts for about 29%, hedge funds about 23%, and cryptocurrency about 13%.Zach Pandl mentioned that differences in intergenerational allocation preferences may further strengthen this trend. According to a Bank of America survey of high-net-worth individuals, investors aged 21 to 43 allocate about 53% of their assets outside of traditional stocks and bonds, while the proportion for those aged 44 and above is 26%. With over $100 trillion in wealth expected to transfer to younger generations in the coming years, their stronger preference for alternative assets may provide ongoing tailwinds for cryptocurrency.He added that the lowering of entry barriers to alternative assets is one of the reasons for this shift, with cryptocurrency developing along similar paths; regulated products like Bitcoin ETPs and institutional-grade market infrastructure provide more convenient access to exposure.

The U.S. Senate passed a temporary funding bill to avoid a government shutdown on the eve of the election. The vote resulted in 90 in favor and 6 against, with Senator Lindsey Graham (Republican-South Carolina) casting a vote of abstention. This does not necessarily prevent a government shutdown entirely, but it helps to avert a shutdown on October 1 (the start of the new fiscal year for the government). The House of Representatives will still need to reach a consensus on the bill after returning from recess.

According to monitoring by Lookonchain, a trader who previously established a short position of 1,600 BTC has reduced their position by another 500 BTC (approximately $32.58 million) to lower liquidation risk. Currently, the trader's total losses have exceeded $1,500,000, with a remaining short position of about 900 BTC (worth approximately $58.60 million).With the reduction completed, the liquidation price of this short position has moved up to around $64,998.73.

According to The New York Times, Chinese AI models are rapidly gaining popularity in the African developer community due to their low cost, open-source customization, and better handling of local languages, while leading American models like OpenAI and Anthropic are primarily closed-source and paid. Ugandan developer Ernest Mwebaze chose Alibaba's model over Meta or Google products when building a multilingual AI system called Sunflower aimed at local languages, which is now widely used by local farmers to obtain weather and planting information.The report states that similar adoption trends are spreading in countries like Kenya, Nigeria, and Ghana, covering multiple fields such as law, education, and business services. Chinese open-source models (such as DeepSeek and Qianwen) allow for free download and modification, while leading American models are often closed-source and paid, creating significant cost and accessibility differences in middle- and low-income countries. Industry insiders point out that the rapid penetration of Chinese AI in Africa is bringing long-term competitive pressure to American AI giants.

According to Jinshi reports, the Italian Foreign Minister stated that he had a conversation with the Iranian Foreign Minister, who introduced the negotiations between Iran and Oman regarding the reopening of commercial navigation in the Strait of Hormuz. The Italian Foreign Minister reiterated the importance of continuing dialogue in order to quickly find a political solution and avoid further escalation with the United States.

According to monitoring by Catcher Predict, in the event "National Bank Open: Vachero vs. Navone" on the prediction market Polymarket, the "Vachero" option in the sub-market "National Bank Open: Vachero vs. Navone" experienced a sharp fluctuation in winning probability, plummeting from 88.5% an hour ago to the current 51.5% (a fluctuation of 37%). Please note the impact of relevant breaking news.

BIT released a market analysis stating that, from a technical perspective, gold may be in a bottoming phase. The report also pointed out that its views differ from the current market consensus: although the bond market is still factoring in expectations of two rate hikes by the Federal Reserve this year, it judges that there may not be any rate hikes this year.

Analyst Murphy stated that there have been consecutive transfers of over 65,000 BTC in a single day in the past two days (excluding internal transfers within the same entity), leading to a significant decrease in the net holdings of long-term holders (LTH). He pointed out that LTH net holdings have changed the previously continuous upward trend since May, remaining stagnant until July, which is a rare phenomenon in the past year.Murphy mentioned that nearly 14,000 BTC were transferred to exchanges, for example, a publicly listed company under Trump transferred 2,628 BTC to the Crypto.com exchange, which is part of this. The remaining destinations and purposes of the LTH net reduction are still unknown.He also listed current macro-level risk points that may impact BTC, including the Federal Reserve's recent interest rate cut with a 9 to 3 split vote, conflicts in the Middle East and oil prices, the highly concentrated valuation of the AI sector in the US stock market relying on debt and private credit financing, and the yen carry trade positions accumulating again to a nearly historically extreme net short state, while also noting that the sensitivity of the current BTC chip structure may amplify the above risks.

Tom Lee, Chairman of the Ethereum treasury company Bitmine, posted on the X platform stating that more and more public institutions and major organizations are stepping up to support the CLARITY Act. If the act fails to pass smoothly, the United States may lose its leading edge in the digital finance sector and hand over dominance to other countries.

Slow Mist's Yuxian stated on platform X that in the COLDCARD hardware wallet weak random number security incident, if the mnemonic phrase used a Passphrase, it could avoid this attack.The Passphrase is not the wallet unlock PIN code, but a password specifically set for the mnemonic phrase, and mainstream hardware wallets all support this mechanism.

According to Jinshi, due to the recovery of domestic demand and a rebound in exports, the French economy returned to growth in the second quarter, avoiding a recession. The French National Institute of Statistics announced on Thursday that GDP rose by 0.2% in the second quarter (previous value decreased by 0.1%), in line with forecasts.The rebound of the eurozone's second-largest economy brings a positive outlook for the entire region, although rising oil prices have increased inflation, burdened households, and suppressed investment.

According to Jinshi News, JPMorgan Chase expects that the U.S. Treasury will avoid making adjustments that could imply an expansion of bond issuance when it announces its quarterly refinancing plan next week, in order to avoid disturbing the bond market before the midterm elections in November.JPMorgan Chase also anticipates a funding gap of $3.7 trillion over the next four fiscal years, and officials should adjust the long-term guidance on auction sizes to achieve the Treasury's goal of "prudent debt management."