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According to Onchain Lens monitoring, a trader on Hyperliquid had a total position of 1.15 million dollars in BTC and SOL that was liquidated a few minutes ago, resulting in a loss of approximately 42,000 dollars.This wallet has historically experienced a total of 7 liquidations, but its perpetual contract trading is still profitable by about 632,000 dollars.

Former U.S. President Biden's son Hunter Biden is about to launch the meme coin LAPTOP, and some cryptocurrency traders have questioned his personal experiences and motives for the launch. Hunter Biden was convicted in 2024 on three felony gun charges and admitted to nine tax charges, subsequently receiving a full pardon from his father, former U.S. President Biden.Hunter Biden previously testified under oath that he owed his former law firm Winston & Strawn approximately $17 million. The firm sued him last year for unpaid legal fees, and his lawyer stated in April that he resides overseas and is "unable to pay." Hunter himself had previously stated that he entered the cryptocurrency industry out of interest in the technology and "wanted to make some money."Recently, Hunter Biden has publicly supported the cryptocurrency industry multiple times, stating that "decentralized digital currency and blockchain are the inevitable future," and when asked about his views on cryptocurrency, he directly replied "Hyperliquid." He also expressed a desire to put his artwork on the blockchain and accept Bitcoin payments, mentioning that Andreas Antonopoulos's book "The Internet of Money" had "opened his eyes." Additionally, he stated that he has not yet decided whether to run in the 2028 U.S. presidential election, but said that if he receives support from billionaire John Catsimatidis, he "might have to run."

According to Bitcoin News, the U.S. Commodity Futures Trading Commission (CFTC) has requested a Washington D.C. court to dismiss the lawsuit filed by the Chicago Mercantile Exchange (CME) against Kalshi regarding Bitcoin perpetual futures contracts.Kalshi's cash-settled BTCPERP contract was approved on May 29, which has no expiration date, employs a funding rate mechanism, and tracks the spot price of Bitcoin. CME argues that contracts without a delivery date that continuously generate funding payments should be classified as swaps, not futures. In response, the CFTC stated that CME's lawsuit is "making a fuss over nothing" and pointed out that CME could also list similar products. Furthermore, the CFTC noted that CME's Bitcoin futures trading volume in June and August was higher than in May, indicating that related business has not been significantly affected. CME must submit a response by October 2.

According to Arkham monitoring, the market maker Wintermute is continuously buying PONS tokens through a TWAP strategy, with the current holdings valued at over 3 million dollars.Arkham indicates that Wintermute may soon provide market-making services for PONS on-chain.

According to on-chain analyst Yu Jin's monitoring, after ZEC broke through 1000 USD, a whale holding for over 2 years with an average price of 48.44 USD transferred 22,840 ZEC (23.11 million USD) to Binance half an hour ago, realizing a profit of 21.96 million USD (20 times).They accumulated ZEC from Binance between 2021 and 2024 and took profits today.

Bitwise's latest report shows that the correlation between Bitcoin and gold has risen to a six-year high. Bitwise's Head of Research for Europe, André Dragosch, stated that the last time the correlation reached this level was in 2020, during the period of multiple fiscal and monetary stimulus following the COVID-19 pandemic; meanwhile, the correlation between Bitcoin and the stock market has dropped to a one-year low, suggesting a decoupling between hard assets and the stock market.The report believes that the simultaneous rise of Bitcoin and gold is due to the "substantial intervention in the macro picture" by the U.S. government. Last month, the U.S. Treasury announced it would more than double the scale of government debt buybacks, leading to a weakening of the dollar, and investors flocked back to gold and Bitcoin; in the same week, U.S. public debt surpassed $40 trillion for the first time, further undermining market confidence in the dollar. Bitwise stated that investors are no longer entangled in whether to hedge against currency depreciation with gold or Bitcoin, but are holding both simultaneously, and pointed out that "Bitcoin has been priced as a risk asset for its first fifteen years, and if this correlation trend continues, the next fifteen years could be very different."Driven by this, Bitcoin rose again this week, increasing nearly 6% within 24 hours, with the price briefly approaching $81,438.

The LayerZero research team, in collaboration with Oblivious Labs and researchers from Carnegie Mellon University, has published a paper proposing a new automated market maker mechanism called OTTER, aimed at enhancing resistance to Maximum Extractable Value (MEV).OTTER employs a batch clearing mechanism similar to VCG auctions, making it a dominant strategy for traders to report valuations and budgets truthfully, while weakening the ability of block builders to profit through transaction ordering, sandwich attacks, or injecting false bids.

Bitget CFD Chief Analyst Lewis Huang stated that the hawkish remarks made by Powell at the Jackson Hole global central bank conference have shifted the market's focus from whether there will be a rate hike in September to the possibility that the Federal Reserve may maintain high interest rates for a longer period before inflation clearly falls back to the 2% target, and even retain the option for further tightening of policies.Lewis Huang pointed out that if subsequent CPI, PCE, and employment data continue to be strong, the U.S. 2-year Treasury yield and the dollar index may remain strong, putting continued pressure on gold from the dual forces of rising real interest rates and a strengthening dollar, which may also amplify the volatility of high-valuation tech stocks like the Nasdaq 100.Conversely, if inflation significantly cools and the labor market weakens, the market may lower its rate hike expectations, leading to a decline in the dollar and U.S. Treasury yields, providing support for gold and growth stocks.He added that besides the Federal Reserve's policy statements, traders should also pay attention to whether the U.S. 10-year Treasury yield is influenced by factors such as fiscal deficits, Treasury supply, and rising term premiums.Before and after the release of major data, it is recommended to moderately control leverage and assess market direction based on the interrelationship between the dollar, U.S. Treasury yields, gold, and stock indices.

Greeks.live researcher Adam stated: "I see some people discussing the Strategy to restart buying coins. This short-term stimulus does not affect the long-term trend, and the Strategy is also a big trap. BTC now has no possibility of market manipulation, and no one can predict the trend. It can only be said that after the Strategy has floating profits, there is more room to buy coins. Looking at the long term, the overall ETF is still flowing out, and it is very difficult to stabilize at $80,000, with significant selling pressure.On the macro front, whether it is the Federal Reserve's hawkish remarks or the escalation of the US-Iran conflict, both are challenging the already fragile investors. The short-term volatility is decreasing rapidly, and it is difficult to support a bull market with just one bullish candle. I hope that after a slight correction, it can reach above $85,000; otherwise, arbitrageurs and sellers will create significant selling pressure. The Gex at the end of the month is gathering, and we need to maintain this momentum."

The automated market maker Aquifer on Solana was attacked, resulting in a loss of approximately $2.5 million. Aquifer subsequently issued a "white hat" offer on-chain, requesting the attacker to return at least 80% of the stolen assets to the designated Solana and Ethereum recovery addresses by September 3 at 22:00, and may retain up to 20% as a bounty.If the attacker complies, the project team promises not to file a civil lawsuit against them.

Flow blockchain officially announced that at approximately 06:18 UTC today, there was a vulnerability in Ankr's ankrFLOW liquid staking contract, allowing attackers to create about 8.6 million uncollateralized ankrFLOW. This is not a vulnerability of the Flow EVM or the Flow protocol and does not affect the Flow token economics.The attackers subsequently used ankrFLOW as collateral to deplete approximately 15.5 million WFLOW reserves on the MORE Markets lending protocol, valued at about $410,000, and made a profit of about $246,000 after slippage. Some reports incorrectly stated that the impact was around $9.3 million. Ankr and MORE Markets have suspended the related contracts, and some exchanges have proactively suspended FLOW deposits.The Flow Foundation will work with Ankr to replenish the stolen WFLOW reserves and rebalance the liquidity pool. The Flow network is operating normally, and ankrFLOW staking and MORE Markets lending will be suspended until Ankr deploys a fix upgrade. User funds are safe, and no action is required.

According to CoinDesk, as Bitcoin surged from about $62,000 to over $77,000 last week, liquidating approximately $3 billion in leveraged short positions, major crypto market makers such as Abraxas Capital, Fasanara Capital, and Wintermute quietly established short positions in perpetual contracts worth hundreds of millions of dollars on Hyperliquid.Lookonchain data shows that the three institutions collectively hold short positions of 138,569 ETH (approximately $338 million) and 3,425 BTC (approximately $265 million); meanwhile, Abraxas Capital withdrew 73,872 ETH (approximately $173 million) from Binance in the past four days.This strategy is known as cash arbitrage or basis trading: traders hold spot positions while shorting an equivalent amount of assets through perpetual contracts to hedge against price volatility risks, primarily earning the funding rates paid by longs to shorts. In previous months, funding rates were long suppressed or even turned negative, but this month's rebound has quickly turned funding rates positive, reopening the arbitrage window. Aegis data shows that the 30-day average funding rate for Bitcoin perpetual contracts on August 24 reached an annualized 6.7%, with a 7-day average of 8.7%; 21shares capital markets noted that basis trading for mainstream assets like Solana is also becoming lucrative.This trading has extended to regulated markets: Glassnode data shows that CME Bitcoin futures open interest has risen from about 87,000 BTC to 122,000 BTC.

According to monitoring by Lookonchain, after the RUG of the meme coin GOLD token, 15 newly created wallets associated with the team have sold all 224.5 million GOLD, exchanging for 3,178 SOL, approximately 330,000 USD. This transaction made a profit of about 312,000 USD, with a return of about 17 times.On-chain data shows that the related team still holds a large amount of GOLD tokens, with market supply highly concentrated.Previously, the GOLD project account claimed a single-day profit of over 8.2 million USD.

New York state officials warn that AI-generated content and fake cryptocurrency projects are making investment scams more deceptive. Investment scam losses exceed $8 billion, a 38% increase from 2024, with 144,041 consumers reporting losses, and the median loss per incident is $10,560. AI can be used to clone voices, forge videos, impersonate financial professionals, and create social media advertisements.New York Attorney General Letitia James has warned that scammers attract investors through deepfake endorsements of celebrities, fake cryptocurrencies, pump-and-dump schemes, and fraudulent trading platforms. Some fake platforms display forged account balances, earnings, and transaction records, allowing victims to withdraw small amounts to build trust, and then request additional funds or fees. New York state officials advise consumers to verify the identity of promoters, companies, and investment projects, and confirm the destination of funds. According to the FBI, reported losses from cybercrime amount to $20.877 billion, with complaints involving cryptocurrency losses totaling $11.37 billion. Common signs of scams include promises of high returns, unsolicited investment opportunities, high-pressure sales tactics, and projects lacking clear documentation.

Cointelegraph reported that Goldman Sachs is the largest known holder of the spot Solana ETF, with an exposure of approximately $88.1 million according to the 13F filing.

Coinbase announced the architecture and application of its internal AI system "CEEcil." This system is not just a simple chatbot; it is designed to function as an AI agent similar to a "team member," which can be @mentioned in Slack and possesses long-term memory, proactive follow-up, and judgment capabilities.CEEcil retains team context through a three-layer memory mechanism: it continuously extracts information such as decisions, blockers, and responsible parties from authorized channels in the background; integrates short-term observations into long-term summaries every night; and retrieves historical memories, recent conversations, and real-time data as needed when answering questions. The system also employs a layered model architecture, prioritizing simple queries to be processed through APIs or knowledge bases, while only delegating complex, multi-step tasks to stronger AI models to reduce costs and delays.Coinbase stated that CEEcil is currently able to assist teams in handling production incidents and answering expert knowledge that would normally take hours to obtain; in the future, it hopes to expand this model into multiple AI agents tailored for specific teams, allowing AI not only to "answer questions" but also to retain memory, actively participate, and complete actual work.