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GoPlus Security issued a security alert stating that a fraud gang has hijacked the realtrumpcoins[.]com website and the @realtrumpcoins1 account, maliciously issuing GOLD tokens. The gang inflated its market value to approximately $60 million before selling off and executing a Rug Pull, profiting over $8.2 million.On-chain data shows that the developers' initial funds trace back to a KuCoin-associated hot wallet, with another 15 trading wallets funded by Binance-associated hot wallets. These wallets all conducted transactions through the same malicious routing contract.GoPlus Security also pointed out that the gang deployed another malicious meme coin, Trump Digital Platinum (PLATINUM), whose contract can empty any holder's balance at any time, warning users to avoid purchasing and to be aware of the risks.

According to a report by the Korea Herald, South Korea's largest mobile communication operator SK Telecom announced the spin-off of its Artificial Intelligence Data Center (AIDC) business into a new independent legal entity, SK Horizon, and plans to introduce a total of 3.08 trillion won (approximately 2.2 billion USD) in external funding.The spin-off transaction is expected to be completed on February 1, 2027, with global private equity firms KKR, as well as IMM Investment and Stonebridge Capital consortium, likely to participate in the investment.

According to Decrypt, the British police confiscated 20.21 bitcoins along with other cryptocurrencies and bank funds, totaling a value of 1.4 million dollars. The individuals involved had previous convictions for money laundering and are now deceased.Investigators traced these assets back to dark web markets that operated from 2016 to 2019 and were later shut down by law enforcement. The police stated that these now-closed websites had facilitated various criminal activities ranging from drug supply to human trafficking, but did not disclose the specific names of the websites.

The Hong Kong Securities and Futures Commission has listed Star Bridge Capital, Star Bridge Capital Group, SBCFX, Star Bridge Capital Group, Star Bridge Capital Pty Limited, and Topical Wealth International Ltd as unlicensed companies, prohibiting them from engaging in any regulated activities in Hong Kong or actively promoting their services to the public in Hong Kong (whether within or outside Hong Kong).Previously, it was reported that Star Bridge Capital experienced an abnormal liquidation incident in London gold trading, and after the incident, the Hong Kong office of the platform was empty. Due to some funds being deposited through USDT stablecoin, tracking the funds has become more difficult. The Hong Kong police have accepted the case and temporarily classified it as fraud, but no arrests have been made yet.

Cointelegraph reported that Avici will fully refund all 1,685 users affected by the $500,859 card balance vulnerability.

According to Onchain Lens monitoring, Avici was attacked, resulting in a total loss of approximately $1.02 million. The attacker transferred 10,000 SOL to another wallet and exchanged it for about 1.02 million USDC, then transferred it through a cross-chain bridge and exchanged it for approximately 418 ETH.

The U.S. House of Representatives will vote next Tuesday on a temporary funding bill. This vote will use the "suspension of the rules" procedure, which means the bill must receive a two-thirds majority support from those present to pass. This high threshold voting procedure is typically used for legislative matters that are less controversial and have bipartisan consensus.The background for this vote is the funding deadline pressure facing the U.S. federal government. The federal funding for the current fiscal year will expire on September 30, and if Congress fails to pass a new funding bill or a temporary continuing resolution before then, the federal government will face the risk of a partial shutdown. Previously, the House and Senate have each advanced their own temporary funding proposals aimed at extending government funding into the fall.

The Interchain Foundation stated that it is committed to supporting the development of the Cosmos ecosystem and recognizes the impact of recent Cosmos EVM events on teams that rely on Cosmos technology for deployment.To this end, the ICF is establishing a discretionary funding program to support affected chains collaborating on remediation efforts. As part of the same program, the foundation will invest resources alongside the community to further enhance security practices, infrastructure, and incident response capabilities across the ecosystem.The foundation will continue to invest in the resilience and security of Cosmos, with more details on the new funding program to be announced in the coming days.

According to HyperliquidNews monitoring, Unitxyz is currently using Coinbase Prime funds to purchase $15 million worth of hyperliquid through a TWAP strategy. Once completed, its total staked amount will reach 1 million tokens.Since the 500,000 hyperliquid used for HIP-3 staking cannot be reused for HIP-4, a total of 1 million hyperliquid tokens need to be staked to initiate both HIP-3 and HIP-4, valued at approximately $80 million.

Bitcoin fell back on Friday afternoon, ending a strong rally driven by ETF inflows. As of Friday afternoon New York time, Bitcoin was at $77,379, down more than 3% in 24 hours, having reached a high of $81,281 earlier this week. Federal Reserve Chairman Kevin Warsh stated in his first major speech since taking office that there is "more work to be done" in combating inflation, which cooled market sentiment.The previous rally was mainly driven by liquidity. The U.S. spot Bitcoin ETF saw a net inflow of $1.14 billion this week, with over $3 billion accumulated in the past 9 days, of which BlackRock's iShares Bitcoin Trust received the largest share. Last week, the U.S. Treasury announced it would double the size of its liquidity support repurchase operations, further boosting Bitcoin's rally.Analysts believe this round of market activity is closely related to "currency devaluation trades"—investors view Bitcoin as a hedge against currency devaluation and excessive government spending. The total amount of U.S. Treasury debt surpassed $40 trillion for the first time this month, further reinforcing market concerns about the dilution of fiat currency purchasing power.

Solana's new bank Avici is facing ongoing attacks, with attackers having stolen over $1 million from users. The attackers' wallet holds 10,005.03 SOL (approximately $1.07 million) and about $11,600 in USDC and USDT. The attack method involves first calling the SubmitSignatures of the Avici authorization program, then calling the AddCollateralAdmin of the collateral program, and finally executing WithdrawCollateralAsset to withdraw the balance. Both of Avici's programs are upgradable and share the same standard Solana account instead of multi-signature upgrade permissions.Avici confirmed the incident 1 hour and 53 minutes after the first theft transaction, stating, "We are aware of the issue affecting card balance withdrawals and are working directly with all relevant partners to resolve it." Prior to this, users had reported stolen balances on social media. A real-time tracker established by anonymous on-chain analyst STACC recorded 125 different sending accounts, with transfer amounts ranging from approximately 9 USDC to over 26,000 USDT.As a result, the AVICI token fell 49.4% in 24 hours to $0.2175, with a market cap of approximately $2.84 million, hitting an all-time low. Avici raised funds through MetaDAO in October 2025, with an original cap of $3.5 million, but the final committed amount reached $34.2 million, and the team refunded 89.8% of the committed USDC.

According to monitoring by BitcoinTreasuries.NET, Strive's SATA has once again provided funding for the purchase of over 100 bitcoins within less than two hours of opening today.It is expected that this week alone, SATA has provided funding for the purchase of 1,192 bitcoins, and the number is still increasing.

Silicon Valley's renowned venture capital firm a16z has announced that it has raised $1.1 billion for its latest fund, the Machine Age Fund, which will focus on investing in the full suite of computing infrastructure that supports AI operations, including chips, memory, networking, storage, as well as complete systems such as data centers, robots, and home AI devices.a16z stated that over the past year, there has been a significant turning point in the growth of AI in terms of application capabilities and types of work. As AI expands from chat and reasoning further into programming and other knowledge work, the demand for computing power and tokens is experiencing exponential growth, and machine intelligence is accelerating its deep development.a16z indicated that its team possesses extensive experience in hardware, data centers, chips, networking, and large-scale computing systems. They have also established a resource network covering market expansion, talent recruitment, marketing, customers, suppliers, and American manufacturing, which will further support the next generation of AI hardware entrepreneurs. a16z mentioned that we are currently at an important juncture in the transformation of computing paradigms and look forward to collaborating with entrepreneurs dedicated to reconstructing AI hardware and advancing the arrival of the "Machine Age."

The cryptocurrency exchange Kraken recently temporarily locked some customer accounts due to nearly 12,000 small transfers sent from wallets marked by Arkham Intelligence as belonging to competitor HTX to Kraken-associated addresses between August 17 and 24. Each transfer ranged from a few cents to several dollars. Kraken stated that this method, known as dusting attacks, exploits the arbitrary transfer characteristics of public blockchains to associate sanctioned funds with unrelated users, thereby triggering sanction screening mechanisms.The Kraken compliance team has restored user access while continuing to freeze the relevant sanctioned funds and cooperating with authorities to ensure the attack does not achieve its intended effect. HTX responded that an internal review found no official accounts involved in the related small transactions and is investigating whether the sending wallets were misidentified or operated by third parties. The UK sanctioned HTX in May, and the EU included it in a trading ban in July, which took effect on August 23, coinciding with the timing of the attack.

Bitwise CEO posted on the X platform, stating that approximately $100 million in funds flowed into Bitwise's ETPs in the United States. Among them, Solana accounted for about $40 million, Bitcoin about $22 million, Hyperliquid about $20 million, XRP about $12 million, and Ethereum about $1.4 million, ranking in the top five for fund inflows.Investors are increasing their exposure to crypto assets.

According to market news, SATA has raised enough funds today to purchase 429 bitcoins, with a trading volume of 50 million USD, marking the highest single-day volume this week.This week, SATA has raised funds to buy 1,084 bitcoins, which is more than 5% of its total holdings in four days, equivalent to Strategy buying 42,659 bitcoins in a week.

According to Globenewswire, Singapore-based Genius Group announced a capital plan aimed at funding its board-approved dual treasury. The goal is to achieve a total asset of $2 billion by fiscal year 2031, with the target size of the AI Treasury being $800 million and the target size of the Bitcoin Treasury being $827 million.The capital plan aims to maximize the net asset value per share (NAVPS) of common stock by utilizing perpetual preferred stock and minimizing dilution of common stock shareholders' equity. Genius Group plans to utilize its $1.2 billion shelf registration (which was declared effective by the SEC on July 18, 2025) to issue publicly registered perpetual preferred securities (PPS) to fund its dual treasury in an accretive manner, maximizing the net asset value per share (NAVPS) of common stock, and the issuance of PPS will not dilute the equity of common stock shareholders.The company plans to raise an initial $12.5 million through the issuance of preferred stock (PPS), which is expected to be non-convertible, with a floating interest rate paid monthly. The raised funds will be used to invest in the company's AI Treasury, Bitcoin Treasury, and a dollar reserve equivalent to approximately 18 months of preferred stock dividends. The company has begun discussions with investment banks experienced in preferred securities and digital asset financing, with final details and timing yet to be confirmed.

CryptoQuant founder Ki Young Ju stated that the peak of this bull market cycle is likely to be driven by institutional funds and ETFs outside of the United States. Currently, South Korea has not yet launched a spot Bitcoin ETF, retail investors cannot purchase overseas related ETFs, and companies are even unable to open trading platform accounts to buy BTC.Ki Young Ju believes that the market was primarily driven by the adoption of Bitcoin in the United States, but the next phase will shift towards global institutionalization, accompanied by deeper stablecoin liquidity and RWA infrastructure. More institutions will hold BTC as a strategic asset, and several countries that have not yet launched ETFs will gradually improve related investment channels. The peak of this cycle may occur when a banker from a local bank in South Korea recommends a spot Bitcoin ETF to an elderly woman, suggesting it for savings.

The Sandbox released an incident analysis report on the vulnerability on August 22. The report shows that attackers exploited vulnerabilities in cross-chain configuration contracts on the Base and BNB Smart Chain (BSC) to steal 14,742,341.84 SAND from the Ethereum treasury, accounting for approximately 0.5% of the maximum supply, with an estimated economic impact of about $1.4968 million, of which approximately $987,000 was actually intercepted by the attackers. The Ethereum mainnet and Polygon network were not affected.Please do not purchase or send SAND on Base or BNB Smart Chain until further notice. The contracts deployed on Base and BNB Smart Chain have been permanently disabled and will not be reopened. The Sandbox stated that the team has reported the attackers' wallet addresses to blockchain analysis companies TRM Labs and Chainalysis and is in direct communication with relevant exchanges.The Sandbox also announced a compensation plan, which will compensate wallets that legally held cross-chain SAND on Base or BSC before the incident at a 1:1 ratio with Ethereum SAND. The compensation funds will come from The Sandbox treasury, and no new tokens will be issued. The application process will open in the next two weeks and will remain open for two weeks.