Arkham Intelligence just made its API significantly faster. The blockchain analytics firm announced that its API now delivers real-time address intelligence updates to all users, meaning new, altered, and updated intelligence data arrives within minutes rather than through the delayed batch processes that previously defined the experience.
The upgrade applies automatically to every existing API subscriber. No migration, no toggle, no extra fee. If you were already plugged in, you’re already getting the faster feed.
What actually changed The core of Arkham’s product is its Ultra AI-powered address-matching engine, which connects blockchain addresses to real-world entities. The engine has labeled billions of tags and tracked over $1 trillion in flows, according to the company.
Now those intelligence changes stream out in near real-time. It’s worth distinguishing this from Arkham’s existing WebSocket endpoint, which already supported real-time streaming of raw blockchain transfers. This upgrade specifically accelerates the intelligence and labeling layer, the part where raw on-chain data gets translated into actionable context about who is doing what.
A steady cadence of API improvements This isn’t a standalone announcement so much as the latest in a series of API expansions Arkham has rolled out over the past several months. The full Intel API launched on February 17, 2026, giving developers programmatic access to Arkham’s intelligence database for the first time at scale.
In June, Arkham integrated Risk Scores into the API as a subscription add-on. That feature assigns addresses a score from 0 to 100 based on their exposure to illicit activity.
Then in August, Arkham added x402 support for AI agents, allowing autonomous systems to interact with and pay for API queries.
Why low-latency intelligence matters now For compliance teams, regulators expect exchanges to screen transactions in near real-time. If a wallet is flagged as high-risk and that flag takes hours to propagate through your data pipeline, you’ve got a window where illicit funds could move through your platform undetected. Shrinking that window from hours to minutes is a meaningful reduction in regulatory risk.
Arkham competes in a crowded blockchain analytics space alongside firms like Chainalysis, Elliptic, and TRM Labs. Chainalysis has long dominated the government and law enforcement segments. TRM Labs has carved out a niche with financial institutions. Arkham’s differentiator has been its consumer-facing platform and its open intelligence marketplace, which lets anyone contribute and access entity labels.
What to watch The automatic rollout to all existing subscribers removes a common friction point where upgrades require manual migration or tier changes. The Risk Scores feature is already a paid add-on, and future enhancements could follow the same model.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
The Arkham API address intelligence updates feed is now real-time.
GET /intelligence/addresses/updates now reports new, updated, and deleted address intelligence within minutes of the change, instead of once per day.
A few more detailed highlights:
Deposit address detection, verified contract labels, token and NFT labels, deployer labels, and analyst-curated labels now flow through the moment they're identified.Cursor-based pagination is safe to resume at any time. Pagination performance is also significantly improved for consumers sweeping large time windows.As part of this upgrade, the metrics object (balance, volume, transfer counts) and the orderBy options for those fields have been retired from this endpoint. All filters (chain, entity, tag, label, status, and more) are unchanged.Much of Arkham's intelligence has always been generated in real time. Now our API reflects that.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
The US stock market opens with broad declines across its three major indices, while META gains over 5%.
According to market data from BIT (bit.com), U.S. stocks opened with the Dow Jones Industrial Average down 0.15%, the S&P 500 index down 0.25%, and the Nasdaq down 0.36%. Meta Platforms (META) rose more than 5% after launching its personal AI agent, Muse. Amazon (AMZN) fell 1.2% as it issued its first four-part pound-denominated bond. Apple (AAPL) edged down 0.2% ahead of its highly anticipated event.
6 minutes ago
Wintermute is offloading LAPTOP tokens, having sold $2.08 million worth of the tokens.
According to Lookonchain's monitoring, Wintermute has received 2.5 million LAPTOP tokens from the LAPTOP token team and is currently selling them on-chain. As of now, Wintermute has sold 466,255 LAPTOP tokens at an average price of $4.47, with total proceeds of approximately $2.08 million.
6 minutes ago
Stablecoin payments firm Latitude completes $35 million Series A funding round, led by Oak HC/FT.
According to Fortune, global payment infrastructure company Latitude has closed a $35 million Series A funding round, led by Oak HC/FT with participation from NEA, Coinbase, Lightspeed Faction, and OpenFX. Latitude previously completed an $8 million seed round; the valuation of the latest round was not disclosed. Founded by industry professionals with backgrounds at Stripe, Uber, Coinbase, and Meta, Latitude primarily provides infrastructure for digital banks, payroll platforms, marketplaces, and financial institutions, enabling enterprises to conduct cross-border transfers via stablecoins and disburse funds in local currencies to bank accounts or mobile wallets. The capital from this round will be used to expand its compliance, engineering, legal, and sales teams. Latitude currently holds or maintains relevant licenses across 45 U.S. markets, and plans to apply for direct regulatory approvals in Southeast Asia, Latin America, and Africa to further expand its operations outside the U.S.
6 minutes ago
LAPTOP's fully diluted valuation (FDV) has fallen below $2 billion, plunging more than 99% from its all-time high.
According to GMGN data, the Meme coin LAPTOP FDV, issued by U.S. President Biden’s son, hit a peak fully diluted valuation (FDV) of over $300 billion within two hours of its launch, then slumped to $18 billion, representing a roughly 99.43% decline, with a trading volume of $9.6 million.
6 minutes ago
Two addresses that claimed the LAPTOP airdrop reaped profits of over $647,000, and are likely linked to Safe architect FloB.
On-chain analyst Ai Yi (@ai_9684xtpa) reports that 40 minutes ago, two newly created wallets each received 4,276 LAPTOP tokens from the Hunter Biden Substack subscriber airdrop contract. They subsequently sold the tokens, earning approximately $404,000 and $243,000 respectively, for a total profit exceeding $647,000. On-chain data shows an ETH transfer link between the two addresses. Address 0x8DA…4A18d has transferred the USDC proceeds from the sale to the publicly marked address of Safe architect FloB (@FloB_Safe).
6 minutes ago
Aerodrome launches LAPTOP-USDC trading pool, allocating 4 million LAPTOP tokens for incentives.
Aerodrome announced in a post that the Hunter Biden-related meme coin LAPTOP has been listed on its platform, and the LAPTOP-USDC liquidity pool is now open for trading. The protocol also stated that it is allocating 4 million LAPTOP tokens for incentives.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
The US stock market opens with broad declines across its three major indices, while META gains over 5%.
According to market data from BIT (bit.com), U.S. stocks opened with the Dow Jones Industrial Average down 0.15%, the S&P 500 index down 0.25%, and the Nasdaq down 0.36%. Meta Platforms (META) rose more than 5% after launching its personal AI agent, Muse. Amazon (AMZN) fell 1.2% as it issued its first four-part pound-denominated bond. Apple (AAPL) edged down 0.2% ahead of its highly anticipated event.
6 minutes ago
Wintermute is offloading LAPTOP tokens, having sold $2.08 million worth of the tokens.
According to Lookonchain's monitoring, Wintermute has received 2.5 million LAPTOP tokens from the LAPTOP token team and is currently selling them on-chain. As of now, Wintermute has sold 466,255 LAPTOP tokens at an average price of $4.47, with total proceeds of approximately $2.08 million.
6 minutes ago
Stablecoin payments firm Latitude completes $35 million Series A funding round, led by Oak HC/FT.
According to Fortune, global payment infrastructure company Latitude has closed a $35 million Series A funding round, led by Oak HC/FT with participation from NEA, Coinbase, Lightspeed Faction, and OpenFX. Latitude previously completed an $8 million seed round; the valuation of the latest round was not disclosed. Founded by industry professionals with backgrounds at Stripe, Uber, Coinbase, and Meta, Latitude primarily provides infrastructure for digital banks, payroll platforms, marketplaces, and financial institutions, enabling enterprises to conduct cross-border transfers via stablecoins and disburse funds in local currencies to bank accounts or mobile wallets. The capital from this round will be used to expand its compliance, engineering, legal, and sales teams. Latitude currently holds or maintains relevant licenses across 45 U.S. markets, and plans to apply for direct regulatory approvals in Southeast Asia, Latin America, and Africa to further expand its operations outside the U.S.
6 minutes ago
LAPTOP's fully diluted valuation (FDV) has fallen below $2 billion, plunging more than 99% from its all-time high.
According to GMGN data, the Meme coin LAPTOP FDV, issued by U.S. President Biden’s son, hit a peak fully diluted valuation (FDV) of over $300 billion within two hours of its launch, then slumped to $18 billion, representing a roughly 99.43% decline, with a trading volume of $9.6 million.
6 minutes ago
Two addresses that claimed the LAPTOP airdrop reaped profits of over $647,000, and are likely linked to Safe architect FloB.
On-chain analyst Ai Yi (@ai_9684xtpa) reports that 40 minutes ago, two newly created wallets each received 4,276 LAPTOP tokens from the Hunter Biden Substack subscriber airdrop contract. They subsequently sold the tokens, earning approximately $404,000 and $243,000 respectively, for a total profit exceeding $647,000. On-chain data shows an ETH transfer link between the two addresses. Address 0x8DA…4A18d has transferred the USDC proceeds from the sale to the publicly marked address of Safe architect FloB (@FloB_Safe).
6 minutes ago
Aerodrome launches LAPTOP-USDC trading pool, allocating 4 million LAPTOP tokens for incentives.
Aerodrome announced in a post that the Hunter Biden-related meme coin LAPTOP has been listed on its platform, and the LAPTOP-USDC liquidity pool is now open for trading. The protocol also stated that it is allocating 4 million LAPTOP tokens for incentives.
Arkham said Wintermute appeared to be buying PONS gradually; its dashboard separately listed 3.43 million tokens worth $2.4 million.
Arkham attributed a 3.43 million PONS position worth about $2.4 million to Wintermute, establishing a sizable new holder in the Robinhood Chain launchpad token. The data firm did not say Wintermute had a market-making mandate for PONS.
Arkham said on Sept. 5 that Wintermute appeared to be buying PONS gradually through a time-weighted strategy and then held just over $3 million of the token. Its token dashboard separately listed the Wintermute entity with 3.43 million PONS valued at $2.4 million.
Arkham asked whether Wintermute was preparing to begin market-making PONS onchain, presenting the possibility as a question rather than a confirmed arrangement. For PONS holders, the verified change is the attributed balance; the purpose of that balance is not established by the cited records.
Position Equals 0.48% of Circulating SupplyThe 3.43 million-token position represents about 0.48% of PONS’ 712.1 million circulating supply and 0.34% of the original 1 billion supply, based on CoinGecko’s supply figures.
Arkham’s holder table also provides an onchain scale comparison. It listed 6.46 million PONS in a Uniswap V3 pool and 5.58 million in Uniswap’s PoolManager contract, each exceeding the balance attributed to Wintermute.
PONS belongs to Pons, the memecoin launchpad that routes graduated tokens into Uniswap pools on Robinhood Chain. As The Defiant reported, Uniswap Labs also purchased PONS for what the project called “long-term alignment.” Neither side disclosed the size of that purchase, the price paid or the wallet holding it.
Wintermute, one of the largest algorithmic market makers in digital assets, has quietly built a position worth more than $3 million in PONS, the governance token for the leading meme-coin launchpad on Robinhood Chain. Blockchain analytics firm Arkham Intelligence flagged the accumulation on September 5, noting that Wintermute’s holdings had grown from roughly $2 million to north of $3 million through a series of incremental purchases on Uniswap.
The buying pattern suggests a time-weighted average price strategy, which is basically the crypto equivalent of dollar-cost averaging on autopilot. Instead of slamming the order book with one big trade, a TWAP algorithm spreads purchases across time intervals to minimize price impact.
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What PONS actually is PONS serves as both the governance and utility token for Pons, a launchpad platform built on top of Robinhood Chain. The chain itself went live on July 1, 2026, and Pons quickly established itself as the dominant launchpad in the ecosystem, leading in both trading volume and daily active addresses.
The token’s price trajectory reads like a fever chart. PONS traded near $0.003 in mid-July, then climbed to peaks above $0.50 by early September. That’s roughly a 16,000% move in under two months.
Pons generates revenue through its launchpad operations and channels a portion of that back into token buybacks and burns. The mechanism creates a direct feedback loop: the more activity the launchpad sees, the more tokens get pulled out of circulation.
What Wintermute’s involvement signals Arkham was careful to note that Wintermute has not disclosed a market-making mandate for PONS. That distinction matters. When a firm like Wintermute takes on a market-making role, it’s typically compensated by the project or its foundation, often through token loans or fee arrangements. A proprietary position, by contrast, suggests the firm sees value in holding the asset for its own book.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Wintermute, a leading market maker in the cryptocurrency market, is reportedly continuing its purchases of the PONS token, which operates on Robinhood Chain. According to data from the blockchain analytics platform Arkham, the company is making its PONS purchases in multiple tranches rather than all at once.
According to data shared by Arkham, Wintermute’s wallets hold approximately $3 million worth of PONS. This accumulation indicates the market maker’s increasing interest in new token projects within the Robinhood Chain ecosystem.
PONS stands out as the native token of Robinhood Chain’s non-custodial token issuance platform. The platform aims to enable users to create and launch token projects without relinquishing control of their assets to a central intermediary.
Wintermute’s gradual purchases of PONS are being closely watched in terms of market liquidity and price movements. The act of large market participants buying a particular token at different times and in tranches is considered an on-chain indicator that allows for tracking market positioning.
Arkham’s data reveals that Wintermute’s PONS position is approximately $3 million, but there is no official explanation from the company regarding the purpose for which it is accumulating the token.
PONS’s connection to Robinhood Chain is significant in terms of the token’s future ecosystem use cases. The fact that an institutional-scale market maker like Wintermute is accumulating the token has also drawn investor attention.
However, the increase in the amount of tokens held in an on-chain wallet alone does not reveal the company’s long-term investment strategy. Investors will be watching to see if Wintermute’s PONS position will change in the future.
*This is not investment advice.
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Bitwise’s Hyperliquid exchange-traded fund resumed accumulating HYPE on Sept. 4 after four days without a tracked purchase.
Summary
Arkham tracked Bitwise-linked wallets purchasing approximately $10.5 million in HYPE after four inactive trading days. BHYP’s tracked HYPE purchases reached $166.3 million since launch, according to Arkham’s on-chain address attribution. Friday’s allocation was the fund’s largest tracked purchase since buying $23.2 million on August 27. Bitwise launched BHYP on NYSE Arca in May, providing direct exposure to the HYPE token. The trust uses Anchorage Digital Bank for custody and targets staking 70% of its assets. Wallets linked to the fund acquired approximately $10.5 million of the token, according to blockchain intelligence platform Arkham.
The allocation was BHYP’s largest tracked purchase since a $23.2 million transaction on Aug. 27, Arkham reported on Sept. 6. The platform estimates that Bitwise-linked addresses have accumulated about $166.3 million in HYPE since the product launched.
Arkham described BHYP as the “largest HYPE ETF.” That ranking relies on addresses identified by its analysts and the market value of tokens attributed to each product. Bitwise has not issued a matching announcement confirming the $166.3 million figure.
BITWISE IS BUYING HYPE AGAIN
Bitwise’s BHYP clients didn’t buy any HYPE for 4 days straight. On Friday they bought $10.5M, the biggest day for BHYP since buying $23.2M on August 27.
Bitwise has now bought $166.3M since launch, making it the LARGEST HYPE ETF. pic.twitter.com/l8J01rwinf
— Arkham (@arkham) September 5, 2026 Bitwise HYPE ETF resumed buying after four inactive days The $10.5 million transaction ended the longest recent gap in BHYP-linked accumulation reported by Arkham. However, the movement should not automatically be interpreted as one investor purchasing $10.5 million of fund shares.
Exchange-traded crypto products create and redeem shares through authorized participants. The trust may receive cash or tokens as part of that process, depending on its operating structure. Its HYPE acquisitions can therefore reflect net share creations, liquidity management or settlement activity involving several investors.
Blockchain data can identify transfers between labeled addresses. It cannot always reveal the commercial purpose of every transfer. Address ownership may also change, while internal custody movements can resemble purchases unless analysts identify the sending address and transaction route.
Arkham’s figures should consequently be treated as third-party estimates rather than audited fund-flow data. The reported four-day pause refers to activity involving wallets recognized by Arkham. It does not prove that the fund received no investor orders during that period.
Official filings confirm BHYP holds HYPE directly Bitwise announced BHYP in May as a U.S.-listed product designed to hold HYPE rather than derivatives tracking its price. The fund began trading on NYSE Arca on May 15 after commencing operations one day earlier.
Its SEC registration documents state that the trust primarily seeks to reflect the value of its HYPE holdings, minus operating expenses and liabilities. Bitwise markets the vehicle as an ETF, while its regulatory documents describe it as a Delaware statutory trust issuing exchange-traded shares.
The structure gives brokerage customers regulated exposure to HYPE without requiring them to maintain a crypto wallet or interact directly with Hyperliquid. Investors still face the token’s price risk, fund expenses, potential tracking differences and risks associated with crypto custody.
BHYP’s quarterly report names Anchorage Digital Bank as the trust’s HYPE custodian. The filing also confirms that part of the fund’s holdings can be staked to generate rewards.
Bitwise’s fund website lists a target of staking 70% of the trust’s assets. The BHYP product page reported a 2.25% gross staking reward rate and a 1.18% net rate in early September. Those rates can change and do not represent guaranteed returns.
The $166 million ranking depends on wallet attribution Arkham’s description of BHYP as the largest HYPE ETF is broadly consistent with the fund’s strong early demand. Still, the $166.3 million estimate should not be presented as official assets under management unless Bitwise publishes an equivalent figure.
Tracked token value can differ from a fund’s net assets. An ETF’s reported net asset value incorporates liabilities, cash, accrued fees and other accounting items. The dollar value of an identified wallet also moves continuously with HYPE’s market price.
Comparisons between HYPE products require consistent timestamps and valuation methods. Bitwise competes with products from 21Shares and Grayscale, among others. Grayscale prepared a fund carrying the HYPG ticker and a proposed 0.29% fee, according to coverage of the expanding HYPE ETF market.
BHYP attracted substantial demand soon after launching. Bitwise CEO Hunter Horsley reported approximately $19 million in daily inflows during May, when the fund recorded its strongest session at that time. That inflow helped BHYP take an early lead among HYPE products, as crypto.news reported.
HYPE-linked products collectively surpassed $100 million in reported inflows during their first ten trading sessions. The early total showed that regulated funds were becoming a measurable source of token demand, according to related coverage of institutional HYPE purchases.
ETF purchases are separate from Hyperliquid’s buybacks BHYP’s purchases form only one part of HYPE’s demand structure. Hyperliquid also operates a protocol mechanism that uses revenue from trading fees to acquire HYPE through its Assistance Fund.
Those purchases are not ETF inflows. They originate from activity on Hyperliquid’s trading platform and continue according to the protocol’s fee-allocation rules. Combining them with BHYP’s activity would overstate demand from investment products.
Hyperliquid had used more than $1.16 billion in fee revenue for HYPE purchases by late May, according to reporting on its automated buyback mechanism. The mechanism links HYPE demand to platform revenue, while ETF buying depends on investor creations and redemptions.
Bitwise has created another, smaller connection between its business and the token. The manager pledged to use 10% of BHYP’s management fees to purchase and hold HYPE on its corporate balance sheet. Those purchases belong to Bitwise rather than the ETF trust, making them distinct from the assets backing BHYP shares. The management-fee commitment therefore should not be counted as fund holdings.
What the next disclosures can confirm Bitwise’s official holdings, net asset value and shares outstanding offer the clearest way to test Arkham’s estimate. Changes in those figures can show whether the reported wallet accumulation corresponded with new ETF share creation.
Later SEC reports will provide audited or reviewed accounting information, although quarterly filings arrive after the transactions they cover. Daily fund disclosures may provide more current figures, but they can use valuation times that differ from Arkham’s live blockchain calculations.
Investors should also watch for revisions to Arkham’s address labels. A custody transfer, staking movement or newly identified address could change the platform’s estimate without representing fresh investor demand.
No evidence presented by Arkham establishes that the $10.5 million purchase caused a particular movement in HYPE’s price. Token prices respond simultaneously to broader crypto conditions, derivatives positioning, protocol buybacks and trading activity. Any claim assigning a specific price move to BHYP alone would remain speculative.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
According to Arkham’s monitoring, market maker Wintermute is continuously buying PONS tokens via the Time-Weighted Average Price (TWAP) strategy, with its current holdings valued at over $3 million. Arkham noted that Wintermute may soon provide market making services for PONS on-chain.
According to Arkham, Elon Musk reportedly mistakenly replied to a hacked X account. The compromised @shivon account had earlier posted two consecutive posts about the SLINK project, after which Musk responded with a "100" emoji, sparking market speculation that he was backing the token. SLINK’s market cap briefly surged past $40 million before plummeting and gradually "going to zero". The @shivon account has since deleted the related posts, and it is confirmed to have been hacked. Trader Aurelius0121 stated that upon seeing Musk interacting with the @shivon account, he mistakenly believed Musk was supporting a project linked to Musk’s partner, so he bought approximately $250,000 worth of SLINK tokens. However, the token’s price subsequently crashed to zero, resulting in a total loss of his funds. Shivon Zilis (@shivon) is a Canadian tech executive and venture capitalist, currently serving as Director of Operations and Special Projects at Musk’s brain-computer interface firm Neuralink, and is also the mother of multiple of Musk’s children.
Gotham City is famously depicted in comics and movies as one of the most dangerous and crime-ridden fictional cities. Despite falling crime nationally, parts of America have become mini-Gothams with repeated violent crimes committed by people with addiction and mental illness. The difference is that even Gotham City has Arkham Asylum, where violent people suffering from mental illness are sent.
Crime has fallen across America, but the continued attacks in America’s transit and public spaces are particularly worrisome. They are completely unprovoked, they target vulnerable people (the elderly, women, commuters), and they are almost universally committed by a very small, highly concentrated demographic: chronic repeat offenders with severe, unmanaged mental illness or addiction.
It seems like every week we see a new violent attack. This week a woman with a history of mental health problems — but no criminal record — stabbed 32-year-old Erin Piacenti in Times Square. The attacker wielded two large knives and charged at police, who tried to stop her with a Taser. When the Taser did not stop her, the police had no choice but to open fire.
Last week Jonathan Hamby, with 30 arrests and on probation for a knife crime, killed 29-year-old Ramon Harris on an Atlanta train platform. Hamby’s rap sheet reads like a glaring indictment of our broken justice and behavioral health systems. His history includes battery, aggravated assault, criminal trespass, and a documented history of mental illness. Most infuriatingly, at the time he allegedly murdered Harris, Hamby was a convicted felon walking the streets on active probation for a prior aggravated assault with a knife. This was not an unpredictable tragedy; it was the guaranteed outcome of a system that stubbornly refuses to protect the public from dangerous, mentally ill repeat offenders.
This is an ongoing public safety epidemic with real victims:
Iryna Zarutska (Charlotte, North Carolina — August 2025): Zarutska was a 23-year-old Ukrainian refugee who had fled the war to build a safer life in the United States. She was randomly stabbed from behind and killed while sitting on a Lynx Blue Line train. The attacker, 34-year-old Decarlos Brown Jr., had a long criminal record, known to have schizophrenia, and had prior institutionalization. In January of that same year, he had been arrested after erratic behavior but was released without bail by a judge. The tragedy sparked national outrage and led to “Iryna’s Law” in North Carolina to restrict cashless bail.
Margaret Swan (Atlanta, Georgia — May 2026): A 66-year-old great-grandmother was stabbed 18 to 20 times in the neck and chest in a completely unprovoked attack while riding an Atlanta MARTA train. The suspect, 25-year-old homeless man John Elijah Matthews, simply walked up to her, pulled out a knife, and killed her. He had already been banned from the transit system prior to the attack.
Penn Station slashing spree (New York City — June 2026): During the evening commute, 51-year-old Hector Deleon went on a random stabbing and slashing spree inside the NJ Transit concourse at Penn Station, leaving five people bloodied. Deleon had at least seven prior arrests. Crucially, he was on active probation for a 2022 case where he slashed another man in the neck, and his release conditions included mandated mental health treatment that clearly failed to protect the public.
Seventeen-year-old victim shot (Atlanta, Georgia — June 2026): Just days after the Margaret Swan stabbing, Anthony Tyrone Gresham, a 42-year-old felon with multiple prior convictions, opened fire at MARTA’s Midtown station in Atlanta, wounding a 17-year-old before fleeing and sparking a multiday manhunt.
The necessity of intervention The Great American Recovery Initiative is a historic development intended to add behavioral health and addiction treatment capacity, while making our streets safer.
The argument for stronger intervention, including involuntary commitment where necessary, is rooted in both compassion and common sense. The Great American Recovery Initiative, alongside efforts to expand assisted outpatient treatment and community-based behavioral healthcare, represents a comprehensive approach. Paired with President Donald Trump’s July 2025 executive order on “Ending Crime and Disorder on America’s Streets,” this initiative recognizes a fundamental truth: We cannot address the addiction and mental health crises without first securing public safety. It acknowledges that while community-based care is the goal, there is a crucial role for institutional care and mandated treatment for those who are a danger to themselves or others.
The argument for stronger intervention is rooted in both true compassion and basic common sense. When an individual with severe, untreated mental illness or a long history of violent crime poses a risk to themselves or others, the state has an absolute obligation to intervene. Leaving a violently unstable individual on the street to fend for themselves is not a victory for civil liberties; it is a dereliction of duty that has far too often ended in bloodshed.
It is true that America has neglected its behavioral health infrastructure for half a century. The Great American Recovery Initiative is working to address this by expanding community-based care and institutional capacity, because a lack of beds is not a suitable public safety solution.
FLOCK SAFETY CALLED ITS CRITICS ‘TERRORISTS.’ NOW IT WANTS TO BE YOUR PRIVACY SAVIOR
While we rebuild those necessary facilities, we can no longer allow the perfect to be the enemy of the good. When an individual poses a clear and present danger, they must be removed from our streets immediately, even if a state-of-the-art psychiatric bed is currently unavailable. Public safety cannot be held hostage by infrastructure delays. If a repeat offender with a history of violence is roaming a train platform, the justice system must utilize secure detention to protect the community until proper treatment is secured.
We must empower judges and law enforcement to keep these dangerous individuals out of our parks and transit hubs. By blending enforcement with intervention and investment, we will help potential victims and those suffering from severe behavioral health problems.
John Koufos is a former criminal trial attorney and is now a consultant advising the private and public sectors on technology, healthcare, and justice issues. John has tried complex organized cases, worked with the Trump administration on the First Step Act, and regularly assists law enforcement leaders around the country to advance smart on crime policies. Follow John on X @JGKoufos or at www.cottagefour.com.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Blockchain analytics firm Arkham reported that North Korean-affiliated hackers have laundered more than $30 million worth of Bitcoin through the offshore derivatives exchange Hyperliquid over the past three weeks. The transactions come as US regulators increase scrutiny of decentralized exchanges amid concerns related to financial crime, sanctions evasion, and regulatory oversight.
Regulatory pressure intensifies on decentralized exchangesUS President Donald Trump and the Commodity Futures Trading Commission (CFTC) are working to establish regulatory authority over offshore derivatives platforms, including Hyperliquid, which has seen rising popularity among US users. Arkham’s findings have reignited debate over whether decentralized venues can be effectively brought under US regulation without undermining DeFi’s core principles of permissionless access and reduced regulatory friction.
In December 2024, Hyperliquid faced similar criticism after blockchain addresses allegedly linked to North Korea were detected moving funds through its platform. Hyperliquid stated that its platform had not been hacked and user assets remained secure. The latest Arkham analysis suggests that North Korean entities continue to utilize Hyperliquid as US regulatory attention grows.
According to research from crypto security companies, North Korea’s regime stole approximately $2 billion in cryptocurrency during 2025, marking its most lucrative year for such attacks, reportedly to finance weapons programs. Cybersecurity firm CertiK says the Democratic People’s Republic of Korea (DPRK) is responsible for $6.75 billion in crypto thefts across 263 incidents since 2016. The Royal United Services Institute has urged tighter controls and enhanced information sharing for virtual asset service providers after outlining how Pyongyang converts stolen crypto to fiat currency for further operations.
Mini dictionary: Arkham, a blockchain intelligence company that tracks and analyzes on-chain activity linked to illicit actors.
Payward and Hyperliquid eye US entryHyperliquid Labs is discussing a US onshore approach through Payward, the parent company of major crypto exchange Kraken. Rather than acquiring an exchange license, the plan would let registered US traders access a limited set of Hyperliquid-related perpetual futures via Bitnomial, a CFTC-regulated clearinghouse owned by Payward. Payward submitted its plan to the CFTC but approval is still pending.
At present, the native Hyperliquid app is inaccessible to US users, and Bitnomial-registered traders would gain exposure only to a fraction of Hyperliquid’s perpetual offering. Specifics regarding regulatory compliance on the joint offering have not been detailed.
PlatformUS User AccessRegulated by CFTCHyperliquid (offshore)NoNoBitnomial (via Payward)LimitedYesEarlier this year, Payward completed its $550 million acquisition of Bitnomial, thus gaining a suite of regulated derivatives products: a Futures Commission Merchant, a Designated Contract Market, and a Derivatives Clearing Organization, all registered with the CFTC.
HYPE mechanism and impact for investorsHyperliquid’s commercial structure revolves around its HYPE token. Ninety-nine percent of protocol fees are dedicated to its Assistance Fund, which automatically converts trading fees into HYPE and permanently removes the tokens by burning them. Hyperliquid documents state that by late August, 46.7 million HYPE, or 4.7% of initial supply, had been removed from circulation.
Currently, it remains unclear if trades routed through Bitnomial would support this ecosystem. Details about the commercial agreement between Payward and Hyperliquid, including licensing fees or revenue-sharing structures, have not been disclosed. The token reached an all-time high of $86.71 on August 27 even before US traders were able to access the platform using the proposed pathway.
Compliance questions and ongoing investigationDuring a recent White House meeting, Trump highlighted the CFTC’s role in overseeing Hyperliquid’s compliance efforts, describing Chairman Michael Selig as pivotal in making the exchange “fully compliant and legal.” HYPE’s price climbed nearly 17% following these remarks. Meanwhile, traditional exchanges CME Group and ICE reportedly called for further regulatory scrutiny on Hyperliquid regarding price manipulation and sanctions risks.
Critics emphasize that onshoring decentralized protocols demands effective measures for customer verification, market monitoring, and sanctions screening—areas historically minimized in DeFi platforms. Arkham’s research highlights the scale of illicit activity regulators could face.
Investor confidence continues to grow, with Bitwise recently launching its spot Hyperliquid ETF, BHYP, on NYSE Arca, with Anchorage Digital Banking acting as custodian.
Blockchain records do not clarify who ultimately controls exchange accounts nor whether exchanges are aware of incoming funds’ illicit origins. Hyperliquid has not yet detailed how its technology screens for wallets identified as linked to Lazarus Group, a well-known North Korean cybercrime organization.
Mini dictionary: Lazarus Group, a cybercrime group believed to be sponsored by North Korea, known for state-directed attacks on cryptocurrency platforms.
While Payward has reportedly presented its core structure to the CFTC, final regulatory decisions, registration terms, and product compliance details have not been made public. Until US regulators issue a decision, Hyperliquid’s potential US entry remains uncertain, and the recent North Korean Bitcoin laundering continues to underscore the challenges facing decentralized platforms under global scrutiny.
Wallets linked to North Korea’s Lazarus Group have sold more than $30 million in bitcoin on the Hyperliquid derivatives platform over the past three weeks, according to blockchain data reviewed exclusively by the analytics firm Arkham, according to a CoinDesk report published August 31, 2026. The finding places a sanctioned, state-backed hacking group at the center of the largest decentralized perpetual futures venue at the same moment the Trump administration is working to bring that platform into the regulated U.S. financial system.
The analysis identified Lazarus-linked wallets moving tens of millions on Hyperliquid and converting proceeds into ether and Solana before routing them to centralized exchanges including Kraken, LBank and KuCoin. The wallets were first flagged by the on-chain investigator ZachXBT in 2024, extending a pattern in which North Korean actors use decentralized venues to convert and move stolen digital assets.
How the Funds Moved Through Hyperliquid Arkham’s review, conducted at CoinDesk’s request, found that proceeds from the bitcoin sales were used to acquire ether and Solana, which were subsequently transferred to the centralized exchanges. CoinDesk has not established the identities of the accounts receiving the funds at those exchanges, or whether the platforms were aware of the funds’ origins before they arrived. Hyperliquid did not respond to a request for comment by publication time. Kraken said its compliance program is designed to identify and block assets associated with sanctioned wallets before they enter the platform, while LBank pointed to its use of industry-standard monitoring tools and KuCoin noted that public on-chain data alone does not reflect the risk-control actions a centralized platform may take after assets arrive.
The Onshoring Push Collides With Sanctions Risk The activity surfaces as the White House explores how to bring Hyperliquid into the United States under regulatory oversight. President Trump said earlier this month that Commodity Futures Trading Commission Chairman Mike Selig was working on a pathway to bring the platform into the country in a fully compliant and legal fashion, and Bloomberg reported that Kraken parent Payward is in advanced talks with Hyperliquid Labs to offer its perpetual futures to U.S. traders. Bringing the venue onshore would require navigating derivatives rules, customer protections and market surveillance, along with the sanctions and anti-money-laundering risks that arise when users trade directly from wallets without know-your-customer checks. The tension echoes a wider policy dispute in which CME Group and ICE have urged officials to scrutinize the platform, even as a separate push has asked the CFTC to permit Hyperliquid’s perpetual products in the U.S.
A Recurring Pattern at the DeFi Venue This is not the first time North Korea-linked wallets have appeared on Hyperliquid. In December 2024, MetaMask security researcher Taylor Monahan identified wallets suspected of being controlled by North Korean hackers that had been trading on the platform since at least October of that year, a disclosure that contributed to roughly $250 million of net outflows in a single day. Filings for proposed investment products tied to the platform’s HYPE token have since flagged sanctions exposure as a risk, including a Bitwise exchange-traded fund filing that said the network could potentially be used by sanctioned actors. The case also fits a broader trend in which crypto platforms have lost billions of dollars to hacks since 2025, with North Korea emerging as the most aggressive state actor in the space.
What Still Remains Unsettled Several questions remain open. CoinDesk has not yet identified who controls the accounts that received funds at the centralized exchanges, and Hyperliquid has not commented on the activity. The value received by sanctioned entities jumped 694% during 2025, according to Chainalysis, underscoring how quickly state-backed activity has grown even as North Korean hackers have been tied to breaches at thousands of companies. For Hyperliquid, which has processed more than $5 trillion in cumulative perpetual futures volume and holds roughly $13.3 billion in open interest according to DefiLlama, the outcome will depend on how regulators weigh its growth against the compliance risks created by its permissionless structure.
AUTHOR
Max delves deep into the cryptocurrency realm, with a passion for altcoins and NFTs. Convinced of crypto's transformative potential, he envisions a decentralized financial future. Max's background in the financial sector grants him unique insights into global monetary systems. In his leisure, Max embraces the thrill of adventures and is an avid sports enthusiast, finding balance and rejuvenation away from work.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Polygon discloses multiple security vulnerabilities in its PoS network, which have been fixed through two hard forks.
Polygon has disclosed multiple security vulnerabilities affecting its Proof-of-Stake (PoS) network, targeting the Bor and Heimdall clients, which could lead to denial-of-service (DoS) attacks, validator resource exhaustion, and abnormal checkpoint and milestone processing. Fixes for these flaws have been deployed to the mainnet via the recently completed Austin and Kyoto hard forks. The most critical vulnerability resides in Heimdall, where attackers can craft special transactions to force validators to execute an excessive number of processing tasks, thereby disrupting network operations. The Austin hard fork also patched two DoS risks in Bor, which could have resulted in reduced block processing speeds or node crashes. Polygon noted that no exploitation of these vulnerabilities has been detected on the mainnet, and the team proactively completed the fixes before publicly disclosing technical details. All Polygon PoS nodes must run Bor v2.10.0, while validators and full nodes also need to upgrade to Heimdall v0.11.0; nodes still running older versions have fallen out of consensus and must update to rejoin the mainnet.
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A crypto whale has purchased 76,856 SOL tokens, valued at approximately $8 million, after 8 months of inactivity.
According to Lookonchain's monitoring, a crypto whale that had been dormant for 8 months purchased 76,856 SOL tokens from Hyperliquid, worth $8 million.
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Trader alias "Maji" saw his high-leverage rollover positions hit volatile market conditions, leading to a $2.35 million shrinkage in his account value, while he still holds $114 million in long positions.
According to on-chain analyst Yu Jin Monitoring, "Big Brother Ma Ji" Huang Licheng's high-leverage rollover strategy is highly dependent on a one-sided upward market trend. Once the market shifts to consolidation or a downturn, even minor downward fluctuations could trigger stop-losses and forced position reductions, leading to continuous account erosion. Over the past few days, both BTC and ETH have been consolidating at high levels with little overall price movement, but Big Brother Ma Ji's account balance has dropped from $11.15 million to $8.8 million, a decrease of roughly $2.35 million, primarily due to frequent stop-losses and position cuts during the minor price pullback. Currently, his long positions are valued at approximately $114 million, of which around $100 million is ETH long contracts, with an entry price of $2,463 and a liquidation price of $2,307. If ETH continues its one-sided rally, leverage will further amplify gains; if it remains consolidating or turns bearish, he may face another round of forced position reductions and give back around $11 million in gains from the prior upward trend.
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A mysterious whale has made another purchase of 243,713 HYPE tokens over the past 10 hours, worth approximately $20.24 million.
According to Lookonchain’s monitoring, the mysterious whale address 0x6436 made another purchase of 243,713 HYPE tokens over the past 10 hours, valued at approximately $20.24 million.
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Genius Group plans to resume buying Bitcoin in Q4, with the goal of growing its Bitcoin treasury to $827 million by fiscal year 2031.
Genius Group announces a $1.2 billion capital plan, intending to use the shelf registration declared effective by the U.S. SEC in July 2025 to raise funds for its dual AI and Bitcoin treasuries. The company’s board of directors has approved goals to build an $800 million AI treasury and an $827 million Bitcoin treasury by fiscal 2031, while boosting total assets to $2 billion. Genius Group plans to use perpetual preferred securities as its primary financing instrument, a method it says is designed to increase net asset value (NAV) per share and reduce dilution of common shareholders. The firm intends to first issue $12.5 million in perpetual preferred securities, which are expected to be non-convertible and pay floating returns monthly. Proceeds will be allocated to the AI treasury, Bitcoin treasury, and a U.S. dollar reserve covering approximately 18 months of preferred stock dividends; specific terms and timing of the offering have not yet been finalized. Currently, the company holds a net asset value of $106.6 million, with a NAV per share of $0.62, and its closing price on August 26 stood at $0.18 per share. Genius Group projects its NAV per share could rise to $2–$4 over the next five years, though this target depends on financing execution and market conditions. The firm previously exited its Bitcoin holdings and plans to resume purchasing BTC in the fourth quarter of 2026.
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realtrumpcoins has not launched or authorized any digital tokens and is cooperating with law enforcement agencies to investigate related incidents.
realtrumpcoins released a statement saying reports that Trump Coins has launched, promoted or authorized digital tokens are "completely untrue", noting the information is a malicious act by a third party. The statement emphasized that Trump Coins has never authorized any digital tokens, and will not launch, promote or authorize any such tokens in the future. It is currently cooperating with relevant law enforcement agencies to investigate the incident and seek to hold responsible parties accountable. Earlier reports noted that meme coin GOLD was created on Solana at 7:38 yesterday. Related addresses controlled more than 82% of the token’s total supply via distribution and post-launch buying. Around 9 a.m., Trump merchandise partner account @realtrumpcoins1 posted a tweet containing the GOLD contract address, pushing the token’s market cap to a peak of $66 million. At around 11:48 a.m., the tweet was deleted, and the associated addresses immediately began concentrated selling. GOLD’s market cap plummeted from $55 million to $1 million in roughly 30 seconds; the scammers then continued to offload their holdings, eventually selling all their tokens for a total profit of approximately 9,784.6 SOL (equivalent to around $1.01 million).
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Web3 social network Friend.tech’s native token FRIEND surged more than 1,500% today. The rally followed a $1 million buyout offer from Machi Big Brother.
The proposal targets a social app whose original team relinquished control over its smart contracts roughly 2 years ago.
Why Is FRIEND Token Up Today?Friend.tech launched on Base in 2023 and peaked fast. The platform’s token opened up for trading in May 2024.
FRIEND hit an all-time high of $3.26 on May 3, 2024, per CoinGecko. BeInCrypto reported that in September, the founding team transferred the admin and ownership parameters to a null address.
The wider SocialFi sector had already thinned out by then. Farcaster, Lens, and Friend.tech all shed users through late 2024.
FRIEND kept sliding and hit an all-time low of $0.00002225 in July 2026. It now trades near $0.051 after Thursday’s 1,590% jump.
Friend.tech (FRIEND) Price Performance. Source: BeInCrypto MarketsMarket cap climbed to $4.89 million, up from under $300,000. The altcoin’s trading volume hit $5,627,502 over 24 hours, a 100,823.30% jump from the previous day.
Machi Big Brother Offers $1M for Friend.techThe surge in activity can be traced to an offer from Machi Big Brother, the pseudonym of Taiwanese-American high-profile trader Jeffrey Huang. In an X post, Huang offered to buy out Friend.tech for $1 million. He described a narrow scope for the deal.
“I just need the X account and URL,” he said.
Follow us on X to get the latest news as it happens
Friendtech is trading at less than 300k market cap. I’m offering a 1 mil usd buyout offer to Racer and @paradigm. We can CTO relaunch base:0x0bd4887f7d41b35cd75dff9ffee2856106f86670.
— Machi Big Brother (@machibigbrother) August 27, 2026
Huang had previously taken a significant position in FRIEND, linking him closely to the token’s fortunes. He bought 11 million FRIEND for roughly 5,200 Ethereum (ETH), according to Lookonchain. His holdings were worth about $500,000 after the token’s collapse.
“He has lost over $16M on FRIEND,” Lookonchain noted.
On-chain data also shows he sent all 11 million tokens to wallet 0x3205 five days earlier. The bid arrives while Machi runs heavy leverage elsewhere.
The trader is well known for his highly leveraged trades and frequent liquidations. Arkham puts his portfolio at $12.06 million, with $11.61 million in open positions.
He holds a 24,100 ETH long at 25x leverage and a 499 BTC long at 40x leverage. A 199,000 HYPE long at 10 times rounds out the book.
Those three trades carry a combined notional value of nearly $117 million. They show $2.5 million in unrealized profit, while his all-time profit and loss (PNL) sits at negative $24.72 million.
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Binance has moved 3.09 trillion Shiba Inu ($SHIB) tokens across its internal wallets in what appears to be a routine upgrade of the exchange's cold storage infrastructure.
Two Transactions, Sixty SecondsData from Arkham Intelligence shows the exchange completed two transfers in rapid succession, with a combined value of roughly $16.46 million. The first transaction involved 1.099 trillion $SHIB, followed almost immediately by a second transfer of 2 trillion $SHIB, both moving between Binance-controlled wallet addresses. The entire sequence was completed within sixty seconds.
The Crypto Basic has reported that
Binance Remains One of the Largest SHIB Holders The latest movement is consistent with a broader pattern of large-scale internal reshuffling across major platforms.
There is no indication the transfers involved customer withdrawals or external counterparties. Observers note that moves of this scale between verified exchange wallets are standard operational practice and carry no direct implications for market supply or price direction.
Sources:
The Crypto Basic: Binance Executes Massive Shiba Inu Transfer
Arkham Intelligence: Binance On-Chain Activity
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Blockchain sleuths are tracking a major transfer of Official Trump meme coin tokens to a leading cryptocurrency exchange.
The firm Lookonchain says that the team behind the token transferred 2.62 million TRUMP tokens valued at $6.21 million over the weekend, with the tokens then deposited into OKX.
According to Arkham Intelligence data, the Official Trump Meme entity controls 15 addresses holding 751.799 million TRUMP tokens priced at $2.71. That totals about $2.04 billion.
The entity’s overall portfolio stands at $2,037,000,000, reflecting an 11.81% gain.
This is not the first transfer from the team behind the token.
The same wallets previously deposited more than 8 million TRUMP tokens worth over $23 million to OKX in April and have moved large amounts to major exchanges on multiple occasions throughout 2026.
Robinhood co-founder: The development of crypto-stock memes has exceeded the company's expectations, as this format connects users to real stock tokens.
Robinhood co-founder Vlad Tenev praised the work of builders on Robinhood’s blockchain during a recent appearance on the popular podcast *The Iced Coffee Hour*. Tenev noted that on-chain developers have built unique liquidity pools and protocols the company did not initially anticipate, combining meme coins, core crypto assets, and stock tokens. Meme coins act as an “entry point” or “reward mechanism” to connect users to actual stock tokens. Looking ahead, Tenev outlined a vision to raise the share of U.S. households holding stocks from roughly 50% before Robinhood’s launch to around 65%, with a long-term goal of pushing that figure above 95%. He emphasized tokenization as a critical tool, stating it will make U.S. blue-chip stocks and other real-world assets more accessible for global distribution. Separately, Binance’s CZ (Changpeng Zhao) also commented on crypto-stock memes on X yesterday, writing: “This is certainly fresh and interesting. But we need to ensure issuers can actually fulfill their obligations.”
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Key events to watch this week: Renewed tensions between the U.S. and Iran, Nvidia’s quarterly report to test the sustainability of the AI rally, and Walsh’s remarks to sway market sentiment.
This week, global markets will face multiple risk events, and the crypto market’s long-awaited rebound will be put to the test. The renewed tensions between the US and Iran will be the primary focus of market attention. US Treasury Secretary Bessent stated that the Trump administration will announce new sanctions against Iran on Monday. Trump previously warned that any country providing support to Iran could face economic consequences. Key events to watch (Beijing time): Monday: US Treasury Secretary Bessent holds a press conference on specific actions to escalate economic sanctions against Iran. Wednesday: US data releases include July core PCE price index year-over-year, July personal spending month-over-month, Q2 real GDP annualized quarterly rate revision, and July core PCE price index month-over-month; Nvidia releases its earnings report after US market close. Thursday: The Jackson Hole Global Central Bank Conference runs from August 27 to 29, with Federal Reserve Chair Waller delivering his first speech on August 28; Nvidia holds its earnings call. Friday: US data releases include August Chicago PMI, preliminary 2026 nonfarm payrolls benchmark revision, final August University of Michigan Consumer Sentiment Index, and final August 1-year inflation expectations.
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Crypto custodian Ceffu withdrew 120 million USDC from Ethena over the past day.
According to monitoring by Onchain Lens, institutional crypto custodian Ceffu has withdrawn 120 million USDC from Ethena’s Coinbase Prime custodial wallet via six transactions over the past day. The most recent withdrawal, totaling 30 million USDC, took place approximately six hours ago.
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Well-known trader Killa expects Bitcoin's correction will not be too large, and the range of 70,000 to 73,000 is likely to be the bottom.
Renowned crypto trader Killa posted a statement yesterday, noting that compared to Bitcoin’s 2022 bottom pattern, he expects the current Bitcoin pullback after a rally to be shallow, with $70,000 to $73,000 likely marking the bottom, and backing a subsequent breakout above the $80,000 mark. “I expect a range to form, allowing accumulation of long positions from chasing highs and liquidity building. The market may even see another liquidation sweep above $79,500 before finally heading toward the $70,000 low, followed by expansion,” Killa said. As a BTC-focused quantitative trader, Killa previously predicted the peak of this bull market in May 2025 and boasts over 200,000 followers on X. In mid-April, he shorted Bitcoin at $74,688, then shifted to long positions during the broad market sell-off on June 5.
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Preview: Nvidia will release its quarterly earnings report after market close this Wednesday, having exceeded analyst expectations in all of its past 14 quarterly reports.
Nvidia is set to release its quarterly earnings report after U.S. markets close this Wednesday, a key event for Wall Street to gauge whether the AI investment boom is still ongoing. Analysts advise the market not to focus solely on the company’s revenue and profits, but also to assess from CEO Jensen Huang’s remarks whether the massive current investment in AI infrastructure can sustain rapid growth. Market expectations for Nvidia’s earnings have been steadily rising. Data shows the chipmaker has beaten analyst earnings estimates in each of the past 14 quarters. In its most recent quarter, Nvidia’s net profit rose 210% year-over-year, well above Wall Street’s prior forecast of 126%. Analysts project the company’s second-quarter revenue will hit a record $92 billion, up from the $78 billion forecast earlier this year. To top current market expectations, Nvidia will need to deliver net profit exceeding $515 billion. However, Nvidia’s stock performance post-earnings follows a notable pattern: in each of the past four quarterly reports, its share price fell on the next trading day. Options markets are currently pricing in a 5.3% price swing for Nvidia’s shares in the session after the earnings release, a larger fluctuation than the average post-earnings move over the past 12 months. Some investors have positioned for a stock pullback, though analysts remain upbeat. Frank Lee, head of tech hardware and semiconductor research at HSBC Global Research, recently lifted Nvidia’s price target from $325 to $360, citing factors including the company’s strategic partnerships with suppliers and its key role in open-source AI.
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The Hang Seng Tech Index’s decline widened to 4%, with MINIMAX-W plunging more than 10%.
According to Bitget’s market data, the Hang Seng Tech Index’s decline has widened to 4%, with MINIMAX-W dropping over 10%.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Ethereum is facing scrutiny in derivatives markets after blockchain analytics firm Arkham identified that the wallet pension-usdt.eth is holding a significant $85 million short position on ETH. This position, opened near $1,700, is experiencing growing unrealized losses as Ethereum’s price approaches $1,900.
Massive Ethereum Short Faces Rising LossesArkham reported that pension-usdt.eth has maintained this short position for over two months, with the entry price averaging about $1,700. As ETH has gained nearly $200 since the position was opened, the wallet now sits at an unrealized loss of approximately $9.8 million. This size of trade accentuates the risk of a short squeeze, as price gains can create pressure for the trader to close positions or add collateral.
Crypto analysts emphasized that unrealized losses do not directly signal liquidation risk, as continuation depends on the remaining collateral available to the trader and the agreed-upon liquidation threshold.
Even with the current losses, liquidation is not an immediate concern if the user has sufficient margin. Consequently, the pension-usdt.eth wallet serves as a barometer for overall market leverage, rather than an isolated indicator of a coming short squeeze.
Mini dictionary: Arkham is a blockchain intelligence platform specializing in tracking and analyzing wallet activity across multiple cryptocurrency networks, frequently cited for its on-chain investigations.
ETH Tests Key Resistance at $1,900Ethereum has hovered near $1,900, facing technical resistance at this psychological threshold. Observers highlighted that on August 18, cryptocurrency news sources reported ETH trading close to $1,905, underscoring $1,900 as a crucial price level in the current rally.
As ETH prices rise, the risk profile for the large short position shifts, increasing potential losses for the holder. Should ETH reverse, the trader could potentially reduce losses; however, sustained momentum might force changes to the position. Market participants have been closely monitoring whether this trade can withstand continued strength in ETH’s trend.
MetricOriginal Short EntryCurrent ETH PriceUnrealized P/LPotential LiquidationValue$1,700$1,900-$9.8 million$2,435 (estimated)ETF Activity and Institutional DemandThe large-scale short coincides with continued institutional interest in Ethereum through U.S.-listed spot ETFs. According to KuCoin, ETH exchange-traded funds saw net inflows of $49.6 million on August 7. This flow reflects ongoing demand for regulated ETH exposure among institutional investors.
ETF activity contributes to Ethereum’s liquidity and can compete with bearish futures positions, as both factors shape price movement and market sentiment.
While ETF inflows do not guarantee upward price action or shield individual traders from losses, the competition between these inflow channels and leveraged shorts adds complexity to the overall ETH landscape. Changes in ETF flows or derivatives positioning can amplify volatility as traders adjust risk.
Monitoring for Short LiquidationOn-chain analysis from HyperInsight indicated that pension-usdt.eth faces an estimated liquidation level at around $2,435 for the short position. This suggests there remains room for further price movement before forced closure becomes likely. Any sharp rally toward this level could trigger additional buying as positions are automatically closed to limit losses.
The situation with pension-usdt.eth underscores the role of leverage in crypto markets. As Ethereum gains or corrects, wallet-specific activity should be viewed as part of a broader set of signals. Market observers continue to assess spot price action, derivatives positions, and ETF flows to gauge overall direction, rather than drawing conclusions from individual high-profile trades.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
A new crypto wallet received 9.3 million KTA tokens and 2 billion GALA tokens via cross-chain transfer, then sold the assets, with suspected cash-out activity leading to a sharp plunge in the value of both tokens.
According to Lookonchain monitoring, a newly created wallet received 9.3 million KTA (valued at approximately $685,000) and 2 billion GALA (valued at around $3 million) via a cross-chain bridge, then sold all these tokens to obtain 1,902 ETH (worth about $3.64 million). This large-scale sell triggered sharp market volatility; data from HTX’s market shows that KTA’s price once dropped by 37%, while GALA’s price fell by 15%.
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A new crypto wallet received 9.3 million KTA and 2 billion GALA via cross-chain transfer, then sold the tokens, with the sale suspected to be a cash-out that caused a sharp price drop for the two cryptocurrencies.
According to Lookonchain monitoring, a newly created wallet received 9.3 million KTA (valued at approximately $685,000) and 2 billion GALA (worth around $3 million) via a cross-chain bridge, then sold all these tokens to acquire 1,902 ETH (valued at roughly $3.64 million). This large sell-off triggered severe market volatility. Per HTX market data, KTA’s price plunged 37% at one point, while GALA’s price dropped 15%.
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OpenAI’s Q2 revenue missed market expectations, while widening losses have weighed on its IPO narrative.
According to The Wall Street Journal, OpenAI disclosed to investors that its second-quarter revenue rose 18% quarter-over-quarter, climbing from $5.7 billion in Q1 to $6.7 billion. While nearly $7 billion in quarterly revenue is an impressive scale for most startups, this growth rate has still left some shareholders disappointed amid OpenAI’s current valuation, financing plans, and IPO expectations. What has drawn even more market attention, however, is the widening losses. The report states that OpenAI’s Q2 operating loss expanded to $12.3 billion from $9.3 billion in Q1, outpacing revenue growth. Since this figure includes stock-based compensation expenses, the company is further from its profitability target, prompting investors to reassess its pre-IPO financial path. By contrast, Anthropic is emerging as a source of pressure for OpenAI. The WSJ reports that Anthropic’s Q2 revenue rose to $11.6 billion, surpassing OpenAI for the first time, and the firm posted a small operating profit. While Anthropic’s profitability metrics still need further verification from its IPO prospectus, the company has already achieved notable growth in segments such as enterprise AI, code generation, and Claude Code, sparking market discussion over whether the commercialization pace between leading AI labs has reversed.
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Solana Mainnet Upgrade: Block Time to Be Reduced to 350 Milliseconds
Solana core developer and Anza CEO Brennan Watt announced in a post that Solana is rolling out its first slot time reduction upgrade on the mainnet, which is expected to lower block generation time from the current ~400 milliseconds to 350 milliseconds, with the adjustment set to take effect starting at Epoch 1020. Watt cautioned developers about transition issues linked to the upgrade, noting that some SDK constants—including DEFAULT_MS_PER_SLOT—have not yet been updated to match the new parameters. The official team will release a version containing the latest values after the feature is activated. The upgrade uses a delayed activation mechanism: the feature will enter a pending activation state at Epoch E, activate at Epoch E+1, and become fully effective at Epoch E+2. For applications that rely on SDK constants to align with the mainnet’s actual slot time, Watt advised adding adaptation logic during the transition period, such as setting function switching mechanisms based on Epoch slot boundaries, to prevent service anomalies caused by parameter changes. Long-term, Solana plans to migrate these network parameters on-chain to allow direct queries by clients. For now, the team needs to complete this upgrade, describing the process as similar to Solana’s early "tough but fast iteration" development phase. Watt also revealed that the team expects the vast majority of nodes to meet the "two-slot latency" target in most scenarios; related restrictions will be further relaxed in the upcoming Anza v4.3 update.
2 minutes ago
Bank of America survey: Global investors’ risk appetite is heating up rapidly, and AI capital expenditures have not yet deterred bulls.
The latest Bank of America (BofA) Global Fund Manager Survey reveals that global investors’ risk appetite is surging rapidly. As US stocks edge closer to record highs, fund managers’ allocation to equities has climbed to a five-year peak, while cash holdings have fallen to 3.5% — a sign the market has largely recovered from earlier jitters over growth slowdown and an AI bubble. BofA strategist Michael Hartnett pointed out that a record 56% of surveyed fund managers expect no significant “landing-style” slowdown in the global economy. In other words, the market’s dominant positioning is betting on economic resilience, sustained corporate earnings expansion, and risk assets will continue to get liquidity support. Notably, the survey shows AI capital expenditures have not yet become a top concern for investors. Even as tech giants keep boosting budgets for data centers, GPUs, servers and power infrastructure, talk of “overheated AI spending” is on the rise — but the BofA survey finds fund managers are currently not overly worried about growth, interest rate hikes, AI capital expenditures or US political risks.
2 minutes ago
Multicoin Capital deposited another 172,710 $HYPE($10.15M) into #CoinbasePrime 7 hours ago.
Multicoin Capital deposited another 172,710 $HYPE($10.15M) into #CoinbasePrime 7 hours ago.
According to Arkham's monitoring, CZ's public donation address burned 4,444 Binance Life tokens 10 minutes ago, worth approximately $2,130. Driven by the news, Binance Life rallied over 7% in the short term and is now trading at $0.513.
Relevant content
Vitalik: Ethereum’s scaling roadmap will integrate the advantages of UTXO-style models, ultimately achieving ultra-large-scale expansion without sacrificing decentralization and censorship resistance.
Ethereum co-founder Vitalik published an article outlining the core goals of Ethereum’s current scaling strategy. He first acknowledged the Bitcoin community’s pioneering technical contributions, then clarified that Ethereum’s proposed scaling strategy is advancing along that direction. Vitalik emphasized: “We want Ethereum to have both UTXO-style state, dynamic state, and all the advantages of both.” This means Ethereum is seeking to integrate the Bitcoin UTXO model’s strengths in efficient state management, light node verification, and scalability with its own flexible account model, smart contract ecosystem, and dynamic state capabilities. Vitalik reiterated that the ultimate goal of Ethereum’s scaling efforts is to achieve “hyperscaling” for the vast majority of activities on the network, without sacrificing three core attributes: decentralization, node operation convenience, and censorship resistance. Ethereum’s roadmap is shifting from a sole focus on scalability to a systematic effort to strike a better balance between scalability and decentralized resilience.
2 hours ago
Binance Life token surges 8%, briefly breaks through $0.54
According to HTX market data, after CZ announced he would donate the 'Binance Life' token from his public address to Giggle Academy and deactivate that address, the Binance Life token rallied 8% in the short term, breaking above $0.54. It is now trading at $0.51, with a 24-hour gain of 8.2%.
2 hours ago
CZ announced that he will disable public addresses to prevent his operations from being overinterpreted by the community, noting that BNB and "Binance Life" will be donated to Giggle Academy.
Binance founder CZ stated at Binance Square that many people are overinterpreting the meaning behind his actions. Today, while testing Trust Wallet, he found so many meme tokens in the wallet that it was difficult to even locate BNB. He then attempted to burn some of the tokens, a move that sparked extensive community discussion. CZ noted he realized he could never fully "clean up" all meme coins from that address: the more he burns, the more people will send coins to it. The transparent nature of blockchain means any activity on this address will be overinterpreted by the community. He even considered requesting the Trust Wallet team to add an "Ignore Coin" feature to prevent interface clutter, but pointed out that 99.99% of users would never use such a function. His plan is to donate BNB and the "Binance Life" tokens purchased with BNB to Giggle Academy, then cease using this address and leave it as a burn address.
2 hours ago
Tom Lee: In the AI era, the scarcity of the "human" element in investments is emerging as a core pricing factor. I am heavily invested in Robinhood because I am bullish on Vlad Tenev.
BitMine, the firm holding the largest Ethereum treasury, Chairman Tom Lee laid out a core thesis in an interview: In AI and high-growth sectors, a founder’s vision and leadership have emerged as the true differentiated competitive advantage, even outweighing technology itself. The directional sense of top-tier founders cannot be replaced by AI. Sam Altman would never ask ChatGPT “What should I do?”; the same applies to Anthropic’s founder and Elon Musk. OpenAI’s survival hinges entirely on Sam Altman himself, not on passively feeding questions to AI for answers. Tom Lee argues this is the key differentiator: a founder’s foresight and judgment cannot be replicated by AI, even as models can be open-sourced and technology can be caught up.
Under this framework, Tom Lee classifies Robinhood CEO Vlad Tenev into the same “founder vision-driven” category. Robinhood operates in markets like retail trading, new-generation investors, and fintech penetration—all growing far faster than the overall economy. Vlad’s leadership and vision are critical to the company’s ability to seize these opportunities. A major reason Tom Lee’s own firm Fundstrat holds a heavy Robinhood position is Vlad Tenev himself: rather than focusing solely on valuations or short-term metrics, Fundstrat recognizes the founder’s long-term vision and execution. In the AI era’s investment framework, the scarcity of “human” factors is becoming a core pricing driver.
2 hours ago
Meme coin MarsCoin slumped to a market cap of $7 million, plunging 65% in a single minute after nearly halving in value.
According to GMGN data, the BSC-based meme coin MarsCoin (contract address starting with 0x1706) saw a sharp short-term plunge after surging over 400x in a single day, hitting an all-time high of over $36 million in market cap earlier tonight. Its market cap then nearly halved to $21 million within an hour, before plummeting 65% in one minute at 22:07, dropping to $7 million. A wallet address linked to Binance CEO CZ showed unusual activity this afternoon, burning 4,444 units of the MarsCoin meme token. Separately, Binance Alpha previously listed a token of the same name, MarsCoin (contract address starting with 0xfe18), which currently has a market cap of $52 million, up 6% on the day. BlockBeats reminds users that most meme coins lack real-world use cases, are highly volatile, and investors should exercise caution.
2 hours ago
U.S. debt risks have surged, leading to a shift toward short-term Treasury bonds to meet growing borrowing demands.
The U.S. Treasury’s reliance on short-term debt is growing: Currently, U.S. Treasury bills make up 21% of the tradable Treasury securities market, a share near its highest level since 2020. Back then, amid the COVID-19 pandemic, the U.S. federal government’s borrowing spiked. This is far above the 10-15% range recorded between 2012 and 2019. By contrast, during the 2008 financial crisis, this proportion reached roughly 34%. Meanwhile, the U.S. government is increasingly leaning on short-term Treasuries to cover its rising borrowing needs, rather than long-term bonds. If the U.S. Treasury continues issuing long-term debt at its current pace through fiscal 2027, long-term Treasuries will account for 25% of total debt—their highest share since 2004. However, this strategy amplifies the government’s vulnerability to short-term interest rate swings. If rates stay elevated or climb again, debt servicing costs will become far more unsustainable. The U.S. debt crisis is now fully unfolding.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
According to Arkham monitoring, CZ’s public donation address made another abnormal movement 3 minutes ago, burning 4,444 units of the Meme token "Niu Lai". BlockBeats Note: The contract address of the "Niu Lai" Meme token burned by CZ’s address starts with 0xD043B6, while the highest-market-cap "Niu Lai" token on the BSC chain currently starts with 0xbeea. The two tokens share the same name. Meme tokens generally have no practical use cases, are highly volatile, and investment in them requires caution.
Relevant content
Vitalik: Ethereum’s scaling roadmap will integrate the advantages of UTXO-style models, ultimately achieving ultra-large-scale expansion without sacrificing decentralization and censorship resistance.
Ethereum co-founder Vitalik published an article outlining the core goals of Ethereum’s current scaling strategy. He first acknowledged the Bitcoin community’s pioneering technical contributions, then clarified that Ethereum’s proposed scaling strategy is advancing along that direction. Vitalik emphasized: “We want Ethereum to have both UTXO-style state, dynamic state, and all the advantages of both.” This means Ethereum is seeking to integrate the Bitcoin UTXO model’s strengths in efficient state management, light node verification, and scalability with its own flexible account model, smart contract ecosystem, and dynamic state capabilities. Vitalik reiterated that the ultimate goal of Ethereum’s scaling efforts is to achieve “hyperscaling” for the vast majority of activities on the network, without sacrificing three core attributes: decentralization, node operation convenience, and censorship resistance. Ethereum’s roadmap is shifting from a sole focus on scalability to a systematic effort to strike a better balance between scalability and decentralized resilience.
2 hours ago
Binance Life token surges 8%, briefly breaks through $0.54
According to HTX market data, after CZ announced he would donate the 'Binance Life' token from his public address to Giggle Academy and deactivate that address, the Binance Life token rallied 8% in the short term, breaking above $0.54. It is now trading at $0.51, with a 24-hour gain of 8.2%.
2 hours ago
CZ announced that he will disable public addresses to prevent his operations from being overinterpreted by the community, noting that BNB and "Binance Life" will be donated to Giggle Academy.
Binance founder CZ stated at Binance Square that many people are overinterpreting the meaning behind his actions. Today, while testing Trust Wallet, he found so many meme tokens in the wallet that it was difficult to even locate BNB. He then attempted to burn some of the tokens, a move that sparked extensive community discussion. CZ noted he realized he could never fully "clean up" all meme coins from that address: the more he burns, the more people will send coins to it. The transparent nature of blockchain means any activity on this address will be overinterpreted by the community. He even considered requesting the Trust Wallet team to add an "Ignore Coin" feature to prevent interface clutter, but pointed out that 99.99% of users would never use such a function. His plan is to donate BNB and the "Binance Life" tokens purchased with BNB to Giggle Academy, then cease using this address and leave it as a burn address.
2 hours ago
Tom Lee: In the AI era, the scarcity of the "human" element in investments is emerging as a core pricing factor. I am heavily invested in Robinhood because I am bullish on Vlad Tenev.
BitMine, the firm holding the largest Ethereum treasury, Chairman Tom Lee laid out a core thesis in an interview: In AI and high-growth sectors, a founder’s vision and leadership have emerged as the true differentiated competitive advantage, even outweighing technology itself. The directional sense of top-tier founders cannot be replaced by AI. Sam Altman would never ask ChatGPT “What should I do?”; the same applies to Anthropic’s founder and Elon Musk. OpenAI’s survival hinges entirely on Sam Altman himself, not on passively feeding questions to AI for answers. Tom Lee argues this is the key differentiator: a founder’s foresight and judgment cannot be replicated by AI, even as models can be open-sourced and technology can be caught up. Under this framework, Tom Lee classifies Robinhood CEO Vlad Tenev into the same “founder vision-driven” category. Robinhood operates in markets like retail trading, new-generation investors, and fintech penetration—all growing far faster than the overall economy. Vlad’s leadership and vision are critical to the company’s ability to seize these opportunities. A major reason Tom Lee’s own firm Fundstrat holds a heavy Robinhood position is Vlad Tenev himself: rather than focusing solely on valuations or short-term metrics, Fundstrat recognizes the founder’s long-term vision and execution. In the AI era’s investment framework, the scarcity of “human” factors is becoming a core pricing driver.
2 hours ago
Meme coin MarsCoin slumped to a market cap of $7 million, plunging 65% in a single minute after nearly halving in value.
According to GMGN data, the BSC-based meme coin MarsCoin (contract address starting with 0x1706) saw a sharp short-term plunge after surging over 400x in a single day, hitting an all-time high of over $36 million in market cap earlier tonight. Its market cap then nearly halved to $21 million within an hour, before plummeting 65% in one minute at 22:07, dropping to $7 million. A wallet address linked to Binance CEO CZ showed unusual activity this afternoon, burning 4,444 units of the MarsCoin meme token. Separately, Binance Alpha previously listed a token of the same name, MarsCoin (contract address starting with 0xfe18), which currently has a market cap of $52 million, up 6% on the day. BlockBeats reminds users that most meme coins lack real-world use cases, are highly volatile, and investors should exercise caution.
2 hours ago
U.S. debt risks have surged, leading to a shift toward short-term Treasury bonds to meet growing borrowing demands.
The U.S. Treasury’s reliance on short-term debt is growing: Currently, U.S. Treasury bills make up 21% of the tradable Treasury securities market, a share near its highest level since 2020. Back then, amid the COVID-19 pandemic, the U.S. federal government’s borrowing spiked. This is far above the 10-15% range recorded between 2012 and 2019. By contrast, during the 2008 financial crisis, this proportion reached roughly 34%. Meanwhile, the U.S. government is increasingly leaning on short-term Treasuries to cover its rising borrowing needs, rather than long-term bonds. If the U.S. Treasury continues issuing long-term debt at its current pace through fiscal 2027, long-term Treasuries will account for 25% of total debt—their highest share since 2004. However, this strategy amplifies the government’s vulnerability to short-term interest rate swings. If rates stay elevated or climb again, debt servicing costs will become far more unsustainable. The U.S. debt crisis is now fully unfolding.
According to Arkham data, at around 16:15 today, three consecutive token burns occurred at CZ’s public donation address: 4,444 meme token “Niu Lai” (contract address starts with 0xD043B6, a namesake of the popularly traded 0xbee-started “Niu Lai” token), 4,444 meme coin MarsCoin, and 4,444 “Binance Life”. Verification reveals the 4,444 Niu Lai meme tokens were not burned by CZ himself. The transaction initiator is the token creator (0xcf86..383), who deployed the contract and set privileged authorization, minted 1 billion tokens to his own address, transferred ~800 million tokens to CZ’s address, then used the transferFrom function to forcibly withdraw 4,444 tokens from CZ’s address to a black hole address to simulate CZ’s burn. CZ’s address had no authorization for this token or the initiator during this period. This tactic is not uncommon. Previously, in 2025, the CAAB token project transferred 80% of its total supply directly to CZ’s donation address, promoting “CZ holdings” to push its market cap to a fake high in a short time and mislead investors. The SHORT token sent 99.9% of its total supply to CZ; after CZ “cleaned up” (burned) them, the token saw a short-term surge, allowing the project team to sell off their holdings. BlockBeats reminds users that on-chain monitoring tools will directly label this transaction as “From: Changpeng Zhao”. A single burn hash cannot be taken as CZ’s endorsement, project participation, or active burning. Contract creators can move balances from other token holders’ addresses, carrying extremely high risks. Meme coins generally lack practical use cases and have highly volatile prices, so investment requires caution.
Relevant content
Vitalik: Ethereum’s scaling roadmap will integrate the advantages of UTXO-style models, ultimately achieving ultra-large-scale expansion without sacrificing decentralization and censorship resistance.
Ethereum co-founder Vitalik published an article outlining the core goals of Ethereum’s current scaling strategy. He first acknowledged the Bitcoin community’s pioneering technical contributions, then clarified that Ethereum’s proposed scaling strategy is advancing along that direction. Vitalik emphasized: “We want Ethereum to have both UTXO-style state, dynamic state, and all the advantages of both.” This means Ethereum is seeking to integrate the Bitcoin UTXO model’s strengths in efficient state management, light node verification, and scalability with its own flexible account model, smart contract ecosystem, and dynamic state capabilities. Vitalik reiterated that the ultimate goal of Ethereum’s scaling efforts is to achieve “hyperscaling” for the vast majority of activities on the network, without sacrificing three core attributes: decentralization, node operation convenience, and censorship resistance. Ethereum’s roadmap is shifting from a sole focus on scalability to a systematic effort to strike a better balance between scalability and decentralized resilience.
2 hours ago
Binance Life token surges 8%, briefly breaks through $0.54
According to HTX market data, after CZ announced he would donate the 'Binance Life' token from his public address to Giggle Academy and deactivate that address, the Binance Life token rallied 8% in the short term, breaking above $0.54. It is now trading at $0.51, with a 24-hour gain of 8.2%.
2 hours ago
CZ announced that he will disable public addresses to prevent his operations from being overinterpreted by the community, noting that BNB and "Binance Life" will be donated to Giggle Academy.
Binance founder CZ stated at Binance Square that many people are overinterpreting the meaning behind his actions. Today, while testing Trust Wallet, he found so many meme tokens in the wallet that it was difficult to even locate BNB. He then attempted to burn some of the tokens, a move that sparked extensive community discussion. CZ noted he realized he could never fully "clean up" all meme coins from that address: the more he burns, the more people will send coins to it. The transparent nature of blockchain means any activity on this address will be overinterpreted by the community. He even considered requesting the Trust Wallet team to add an "Ignore Coin" feature to prevent interface clutter, but pointed out that 99.99% of users would never use such a function. His plan is to donate BNB and the "Binance Life" tokens purchased with BNB to Giggle Academy, then cease using this address and leave it as a burn address.
2 hours ago
Tom Lee: In the AI era, the scarcity of the "human" element in investments is emerging as a core pricing factor. I am heavily invested in Robinhood because I am bullish on Vlad Tenev.
BitMine, the firm holding the largest Ethereum treasury, Chairman Tom Lee laid out a core thesis in an interview: In AI and high-growth sectors, a founder’s vision and leadership have emerged as the true differentiated competitive advantage, even outweighing technology itself. The directional sense of top-tier founders cannot be replaced by AI. Sam Altman would never ask ChatGPT “What should I do?”; the same applies to Anthropic’s founder and Elon Musk. OpenAI’s survival hinges entirely on Sam Altman himself, not on passively feeding questions to AI for answers. Tom Lee argues this is the key differentiator: a founder’s foresight and judgment cannot be replicated by AI, even as models can be open-sourced and technology can be caught up. Under this framework, Tom Lee classifies Robinhood CEO Vlad Tenev into the same “founder vision-driven” category. Robinhood operates in markets like retail trading, new-generation investors, and fintech penetration—all growing far faster than the overall economy. Vlad’s leadership and vision are critical to the company’s ability to seize these opportunities. A major reason Tom Lee’s own firm Fundstrat holds a heavy Robinhood position is Vlad Tenev himself: rather than focusing solely on valuations or short-term metrics, Fundstrat recognizes the founder’s long-term vision and execution. In the AI era’s investment framework, the scarcity of “human” factors is becoming a core pricing driver.
2 hours ago
Meme coin MarsCoin slumped to a market cap of $7 million, plunging 65% in a single minute after nearly halving in value.
According to GMGN data, the BSC-based meme coin MarsCoin (contract address starting with 0x1706) saw a sharp short-term plunge after surging over 400x in a single day, hitting an all-time high of over $36 million in market cap earlier tonight. Its market cap then nearly halved to $21 million within an hour, before plummeting 65% in one minute at 22:07, dropping to $7 million. A wallet address linked to Binance CEO CZ showed unusual activity this afternoon, burning 4,444 units of the MarsCoin meme token. Separately, Binance Alpha previously listed a token of the same name, MarsCoin (contract address starting with 0xfe18), which currently has a market cap of $52 million, up 6% on the day. BlockBeats reminds users that most meme coins lack real-world use cases, are highly volatile, and investors should exercise caution.
2 hours ago
U.S. debt risks have surged, leading to a shift toward short-term Treasury bonds to meet growing borrowing demands.
The U.S. Treasury’s reliance on short-term debt is growing: Currently, U.S. Treasury bills make up 21% of the tradable Treasury securities market, a share near its highest level since 2020. Back then, amid the COVID-19 pandemic, the U.S. federal government’s borrowing spiked. This is far above the 10-15% range recorded between 2012 and 2019. By contrast, during the 2008 financial crisis, this proportion reached roughly 34%. Meanwhile, the U.S. government is increasingly leaning on short-term Treasuries to cover its rising borrowing needs, rather than long-term bonds. If the U.S. Treasury continues issuing long-term debt at its current pace through fiscal 2027, long-term Treasuries will account for 25% of total debt—their highest share since 2004. However, this strategy amplifies the government’s vulnerability to short-term interest rate swings. If rates stay elevated or climb again, debt servicing costs will become far more unsustainable. The U.S. debt crisis is now fully unfolding.
Crypto trading platform Bits of Gold has suffered a data breach, with approximately 200,000 customer records potentially stolen.
Israel’s largest licensed crypto exchange, Bits of Gold, has suffered a data breach, with personal data of around 200,000 customers—nearly the platform’s entire user base—stolen by hackers. Bits of Gold was Israel’s first crypto company to obtain a Virtual Asset Service Provider (VASP) license, receiving regulatory approval in September 2022. The specific types of leaked data have not been disclosed, but crypto brokers typically collect extensive identity information under KYC rules, including government-issued identification documents, address proofs, and financial details. The compromised data could be used for phishing, SIM swapping, and social engineering attacks. Additionally, Bits of Gold secured approval in April this year to issue the BILS stablecoin, which is pegged 1:1 to the Israeli shekel.
12 minutes ago
Inside details of US-Iran negotiations have been exposed, revealing that the Trump administration bypassed Iranian negotiating representatives to contact the Islamic Revolutionary Guard Corps (IRGC).
According to Axios, citing three people familiar with the discussions, U.S. negotiators encountered a major hurdle in mid-May while attempting to broker a war-ending deal with Iran: they could not verify whether the Iranian representatives at the table truly represented the influential Islamic Revolutionary Guard Corps (IRGC). In response, Trump administration officials took an unusual approach—bypassing Iranian negotiators to directly reach out to senior IRGC leaders. The U.S. tapped Nechirvan Barzani, President of the Kurdistan Region of Iraq, to oversee this secret backchannel. Barzani held a rare advantage: he was trusted by both U.S. and IRGC leadership. A key challenge complicating U.S.-Iran talks was Washington’s uncertainty over who actually holds decision-making authority in Iran. Though the two sides did eventually strike a memorandum of understanding, the deal quickly fell apart.
12 minutes ago
CZ refutes claims that Bitcoin will go to zero, stating that many have made incorrect judgments about cryptocurrencies.
Binance founder CZ has commented on the World Gold Council (WGC) CEO’s assertion that Bitcoin’s value will fall to zero. CZ noted that many people have previously made incorrect judgments about cryptocurrencies, adding that understanding this field takes time, and he himself cannot be 100% certain he is right—after all, we are only human. The WGC CEO said in a recent interview: “Personally, my view is that Bitcoin will drop to zero, but this stance is not because Bitcoin is opposed to gold.”
12 minutes ago
A crypto whale spent $153.6 million on an arbitrage trade, netting just $0.36 in profit.
According to monitoring by OnchainLens, a crypto whale that had been dormant for two years has suddenly become active, borrowing 816,400 WETH (valued at approximately $153.6 million) from Morpho and Spark to conduct arbitrage trading. The transaction generated $1.88 in revenue, paid $1.53 in fees, resulting in a net profit of just $0.36.
12 minutes ago
CZ refutes claims that Bitcoin will go to zero, pointing out that many people have made incorrect judgments about cryptocurrencies.
Binance founder CZ has commented on the World Gold Council (WGC) CEO’s assertion that Bitcoin’s value will fall to zero. CZ noted that many people have previously made incorrect judgments about cryptocurrencies, adding that understanding the sector takes time, and he is not 100% certain he is right—after all, we are all human. In a recent interview, the WGC CEO stated, “My personal view on Bitcoin is that it will drop to zero, but this stance is not because Bitcoin is opposed to gold.”
12 minutes ago
CZ's address did not actively destroy the Niulai token; instead, the token creator used the smart contract to forcefully transfer the tokens.
According to Arkham data, at around 16:15 today, three consecutive token burns occurred at CZ’s public donation address: 4,444 meme token “Niu Lai” (contract address starts with 0xD043B6, a namesake of the popularly traded 0xbee-started “Niu Lai” token), 4,444 meme coin MarsCoin, and 4,444 “Binance Life”. Verification reveals the 4,444 Niu Lai meme tokens were not burned by CZ himself. The transaction initiator is the token creator (0xcf86..383), who deployed the contract and set privileged authorization, minted 1 billion tokens to his own address, transferred ~800 million tokens to CZ’s address, then used the transferFrom function to forcibly withdraw 4,444 tokens from CZ’s address to a black hole address to simulate CZ’s burn. CZ’s address had no authorization for this token or the initiator during this period. This tactic is not uncommon. Previously, in 2025, the CAAB token project transferred 80% of its total supply directly to CZ’s donation address, promoting “CZ holdings” to push its market cap to a fake high in a short time and mislead investors. The SHORT token sent 99.9% of its total supply to CZ; after CZ “cleaned up” (burned) them, the token saw a short-term surge, allowing the project team to sell off their holdings. BlockBeats reminds users that on-chain monitoring tools will directly label this transaction as “From: Changpeng Zhao”. A single burn hash cannot be taken as CZ’s endorsement, project participation, or active burning. Contract creators can move balances from other token holders’ addresses, carrying extremely high risks. Meme coins generally lack practical use cases and have highly volatile prices, so investment requires caution.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
According to Arkham’s monitoring, addresses linked to Alameda Research transferred a total of $8.25 million worth of SOL to BitGo’s custodial wallet via 24 transactions, with the transfers speculated to be used for compensating FTX creditors. Arkham data shows Alameda still holds over $200 million worth of SOL currently.
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The "Big Short" Michael Burry criticizes Buffett’s successor for making aggressive investments when the market is overheated.
"The Big Short’s Michael Burry has stated that Berkshire Hathaway, under the leadership of CEO Greg Abel, is no longer attractive, and he has raised questions about Abel’s capital allocation discipline. Burry argues that Abel deploys cash too aggressively when market prices are elevated, rather than waiting for 'fat pitches' as Warren Buffett does. Berkshire has spent heavily on stock buybacks, equity investments and acquisitions, reducing its cash reserves. Michael Burry is renowned for successfully shorting the U.S. housing market ahead of the 2008 financial crisis, and his investment views have long drawn close attention from the market."
19 minutes ago
Hyperliquid is seeking to expand into the U.S. market.
Hyperliquid is exploring paths to expand its perpetual contract business into the U.S. market. The platform is currently not open to U.S. users. Earlier, the Hyperliquid Policy Center, funded by the Hyper Foundation, has been conducting policy research and advocacy in Washington, D.C., to push for the U.S. to establish a regulated access framework for on-chain perpetual contracts and decentralized market infrastructure. (The Information)
19 minutes ago
Spot gold breaks through $4,440 per ounce, hitting a new high since June 5
According to Bitget market data, spot gold has broken through $4,440 per ounce, hitting its highest level since June 5, with an intraday gain of 1.66%.
19 minutes ago
Serenity maintains a bearish outlook on CRWV, noting that the company's debt interest is severely eroding its cash flow.
Serenity stated in a post that it has maintained a public bearish stance on NeoCloud (CRWV). "Despite strong demand, over $100 billion in backlog orders, and an adjusted EBITDA margin of 59%, the company’s interest expenses reached $640 million, accounting for roughly 42% of its EBITDA, which has widened its net losses."
19 minutes ago
The Swiss National Bank holds 736,300 shares of Strategy, valued at approximately $72.39 million.
According to BitcoinTreasuries, the Swiss National Bank reported holding 736,300 shares of Strategy (MSTR), valued at approximately $72.39 million.
19 minutes ago
CPI Data Interpretation: Energy Price Declines Contributed Significantly, Though Inflation May Reignite Again in August.
Market analysis notes that falling energy prices helped cool inflation in July, with gasoline prices dropping 2.9% month-on-month and fuel oil down 1.7%. However, this reprieve may be temporary. Recent rebounds in crude oil prices and strong refining margins have begun driving up fuel costs. The current average U.S. gasoline price stands at $4.03 per gallon, a notable increase from $3.87 a month earlier, suggesting energy could exert fresh upward pressure on August inflation.
Wintermute plans to invest approximately $1 billion over the next five years in high-frequency trading and AI data center infrastructure development.
According to Bloomberg, crypto market maker Wintermute plans to invest roughly $1 billion over the next five years in high-frequency trading (HFT) and AI data center infrastructure, while expanding into traditional financial markets including stocks, commodities, and foreign exchange (FX). Wintermute founder and CEO Evgeny Gaevoy stated that the firm aims to gradually transition into a full-service trading house similar to Jane Street or Citadel Securities. Gaevoy noted that competing with institutions that have refined technology and infrastructure in traditional markets for decades requires large-scale investment. In addition to reducing trade execution latency, Wintermute must continuously leverage massive market datasets to train and retrain more complex quantitative models, while securing sufficient computing, storage, and networking resources. The infrastructure investments are expected to be funded primarily by the firm’s retained earnings. Due to the crypto market downturn, Wintermute’s average daily trading volume has dropped from roughly $15 billion last year to $10 billion this year. Currently, around 10% of the firm’s revenue comes from non-crypto markets, with a target to lift that share to over 50% by the end of 2027. The firm has already started trading ETFs, perpetual contracts linked to real-world assets (RWAs), and will launch prediction market trading services in early 2026. Last week, Wintermute announced that its U.S. subsidiary has registered as a broker-dealer, enabling it to trade stocks, stock options, and act as an authorized participant for exchange-traded products (ETPs). The firm currently has 17 employees in New York, with plans to double that local headcount next year, while its global workforce is projected to grow by 40%.
1 minutes ago
Harmony: Rollback is currently the most widely supported resolution plan, and the team is still working on a specific implementation plan.
Harmony stated in a post that its team has traced 409 wallets that received fraudulently minted tokens, involving a total of 10,288 transactions, and has alerted partner exchanges to hundreds of suspicious deposit transactions. The affected exchanges promptly blocked the hacker wallets thereafter. Just four hours after the emergency patch was released, 53% of validators have now completed the upgrade. The team continues to advance patch deployment and manage the aftermath of the incident. Regarding the follow-up response, a rollback appears to be the most widely supported feasible solution at present. The team is still formulating a specific plan and is expected to release more details in the coming hours.
1 minutes ago
Elon Musk: AI will account for 99% of SpaceX's valuation, with the goal of building 10 gigawatts of computing power by the end of next year.
Elon Musk said AI has become an "extremely important part" of SpaceX's future, projecting that the company's AI business revenue will surpass all other business segments in September and will "significantly outpace" other businesses in the fourth quarter. He added that AI will account for 99% of SpaceX's valuation within five years. SpaceX has built the "world's most powerful AI training cluster" and plans to expand its existing computing power scale by roughly tenfold by the end of next year, targeting 10 gigawatts of capacity, which corresponds to a potential annual revenue of $300 billion to $500 billion. Musk also predicted that Starlink will carry more than 90% of global internet traffic in the future. He further stated that SpaceX plans to use all of the company's data to train Grok, adding that employees will serve as the "parents" of the AI, with their thoughts, ideas, and beliefs to be inherited by the model. However, he did not provide further details on how employee data will be specifically used for training.
1 minutes ago
Dan Bin's U.S. stock holdings undergo a major reshuffle: he has increased positions in AI chips, newly added Intel which has become his second-largest heavy holding, and liquidated all his positions in Apple and Tesla.
US Securities and Exchange Commission (SEC) 13F filings disclosed on August 11 show that as of June 30, 2026, the Dongfang Harbour Overseas Fund, managed by Dan Bin, held 13 U.S. stocks with a total market value of approximately $1.65 billion, a 45.6% rise from the end of the first quarter. Google Class C shares remained its largest holding, with Intel (15.7% of total holdings) and Nvidia (13.2%) ranking second and third respectively. On the position adjustment front, Dongfang Harbour established new positions in Intel, SanDisk, AMD, Marvell Technology, Arm, Broadcom, and Lumentum, while boosting its stake in Micron Technology to 147,600 shares, a sequential increase of around 102%. In the same period, it trimmed holdings in Google Class C, Nvidia, TSMC, Amazon, and Meta, and fully exited positions in Apple, Tesla, Circle, Google Class A, and two leveraged ETFs. The fund’s focus has clearly shifted to AI infrastructure sectors including semiconductors, storage, and optical communications. It is worth noting that 13F filings only reflect long U.S. stock positions at quarter-end and do not represent current real-time holdings.
1 minutes ago
As $BTC rose, gambler 0xff84's 1,793 $BTC($114.4M) short came very close to liquidation. The gambler closed part of t...
As $BTC rose, gambler 0xff84's 1,793 $BTC($114.4M) short came very close to liquidation. The gambler closed part of the position early and avoided liquidation. Current position: 1,543 $BTC($98.97M) New liq. price: $64,225.35
1 minutes ago
A Bitcoin (BTC) whale holding $114.4 million in short positions has reduced some of its positions to avoid liquidation, with its current short position standing at approximately $98.97 million.
According to Lookonchain’s monitoring, as Bitcoin (BTC) rallied, trader 0xff84’s short position of 1,793 BTC (valued at roughly $114.4 million) nearly triggered liquidation. The trader closed part of the position in advance to avoid being liquidated. Currently, their short position stands at 1,543 BTC, worth approximately $98.97 million, with a new liquidation price of $64,225.35.
Morgan Stanley’s spot Bitcoin ETF added approximately 232.5 BTC worth $15.05 million as Bitcoin traded below $65,000, lifting the fund’s holdings above 6,500 BTC for the first time.
Summary
MSBT added 232.5 BTC, valued at approximately $15.05 million, according to Arkham. The fund’s holdings increased to 6,563 BTC worth more than $426 million. BlackRock, Fidelity and Franklin Templeton also accumulated Bitcoin during the recent market weakness. MSBT launched in April with a 0.14% annual management fee. Morgan Stanley’s Bitcoin ETF adds 232 BTC Blockchain intelligence platform Arkham reported that the Morgan Stanley Bitcoin Trust increased its holdings by approximately 232.548 BTC as Bitcoin remained under pressure near $65,000.
MORGAN STANLEY: 3 DAY BTC BUY STREAK
Morgan Stanley’s MSBT BTC ETF clients have bought BTC for 3 days in a row, with the bank now holding $400M in #BTC
Read that again – the BANKS are buying Bitcoin. pic.twitter.com/FPY1I1v6aB
— Arkham (@arkham) August 7, 2026 The purchase was valued at $15.05 million, implying an average price of around $64,718 per Bitcoin. It raised the fund’s total holdings to 6,563 BTC, worth more than $426 million at current market prices.
The transaction marked the first time MSBT’s Bitcoin balance exceeded 6,500 BTC. It also expanded the fund’s holdings during a period when Bitcoin traded below the average purchase price of many recent buyers.
CryptoQuant analyst Axel Adler Jr. said Bitcoin was trading below the realized price of short-term holders, referring to coins held for less than 155 days. Bitcoin traded around $64,952 on Aug. 8, while the short-term holder realized price stood at $67,523.
This left the spot price approximately 3.8% below the cost basis, creating potential selling pressure from recent holders seeking to exit around break-even.
Other Bitcoin ETFs also bought during the dip Morgan Stanley was not the only major financial institution whose Bitcoin ETF added assets during the latest decline.
Arkham reported on Aug. 4 that BlackRock’s spot Bitcoin ETF bought approximately $111 million worth of BTC during the previous trading session. Fidelity added about $33 million, while Franklin Templeton purchased approximately $9 million.
The three funds accumulated around $153 million in Bitcoin combined. Arkham said none of the tracked ETFs sold Bitcoin that day and that the funds had recorded no Bitcoin sales during the opening sessions of August.
These figures refer to Bitcoin entering wallets associated with the ETFs. Such additions generally reflect investor inflows and the creation of new fund shares rather than purchases made for the asset managers’ corporate balance sheets.
The renewed accumulation followed a difficult period for U.S. spot Bitcoin ETFs. Crypto.news previously reported that the products recorded $265 million in net outflows as Bitcoin tested $63,000 on Aug. 1.
MSBT assets rise from July level Morgan Stanley launched MSBT on April 8, becoming the first major U.S. commercial bank to issue a spot Bitcoin ETF under its own name.
Crypto.news previously reported that the fund launched with a 0.14% annual management fee. That undercut the 0.25% fees charged by BlackRock’s IBIT and Fidelity’s FBTC, while coming in one basis point below the Grayscale Bitcoin Mini Trust.
MSBT attracted $103 million in cumulative net inflows within eight days of its launch, overtaking WisdomTree’s Bitcoin Fund at the time. The rapid increase pointed to early demand from investors seeking Bitcoin exposure through Morgan Stanley’s investment platform.
The fund held approximately $392 million in net assets as of July 24, according to another crypto.news report citing Morgan Stanley’s product page. Arkham’s latest estimate of more than $426 million suggests its holdings have since expanded by approximately $34 million, though part of that difference may reflect changes in Bitcoin’s market price.
Bitcoin remains below a key holder cost level Bitcoin’s inability to reclaim the short-term holder realized price leaves $67,523 as an important near-term level. A recovery above that area could reduce pressure on recent buyers currently holding unrealized losses.
Continued ETF purchases may help absorb Bitcoin entering the market, but the latest additions do not confirm that the broader outflow trend has reversed. Daily net-flow data will determine whether Morgan Stanley’s purchase forms part of a sustained return in institutional demand.
Failure to hold the $64,000 area could expose Bitcoin to another test of its recent lows. A move above $67,500, however, would return the asset above the average cost basis of short-term holders and improve its near-term structure.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
We’ve added support for Coinbase’s x402 Standard, developed by Coinbase, and governed by the Linux Foundation to the Arkham API, enabling AI agents to pay for Arkham API usage with USDC directly at request time. Here’s how you can use the Arkham API for trading with AI Agents:
Using Coinbase Agentic Wallet and the Arkham API, traders can ask an AI agent to track the onchain movements of top token holders, identify whale accumulation or selling, and analyze wallet flows in real time.
Agents can monitor large transactions, follow smart money across wallets, and surface emerging buying or selling activity without traders having to manually dig through the blockchain.
This makes it possible to turn real-time onchain data into actionable trading intelligence, with agents autonomously accessing the data they need when they need it.
“Arkham is exactly the kind of high-value data API x402 was built for. By leveraging the CDP Facilitator and USDC on Base, Arkham is making production-grade onchain intelligence instantly accessible to AI agents, at request time. This is a major step toward an internet where agents can autonomously discover, purchase, and use the data they need.”- Kevin Leffew, AI GTM Lead @ Coinbase
Check out the documentation for using x402 with Arkham.
Arkham Intelligence rolled out a new feature on August 6 that displays OP_RETURN messages directly on Bitcoin transaction pages. The transactions were always carrying hidden text, but now anyone browsing Arkham’s explorer can actually read them.
The messages surfacing through this update paint a vivid, sometimes unsettling picture of on-chain life. Victims pleading for stolen funds to be returned. Scammers advertising their services. Random individuals trying to contact hackers directly through the blockchain itself.
What OP_RETURN actually does For the uninitiated, OP_RETURN is a Bitcoin opcode that lets users embed up to 80 bytes of arbitrary data into a transaction. In English: you can attach a short text message to any Bitcoin transfer, and it gets permanently recorded on the blockchain.
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The opcode was introduced in Bitcoin Core v0.9.0 as a standardized way to include non-financial data in transactions. Before OP_RETURN existed, people were using uglier methods to stuff data into the blockchain, methods that actually bloated the network’s unspent transaction output set. OP_RETURN was the cleaner alternative, a designated space for data that nodes can safely ignore when validating transactions.
Most of the time, these messages go unnoticed by casual users. Block explorers typically display them as raw hexadecimal strings. Arkham’s update decodes these messages and presents them as human-readable text alongside standard transaction details.
The Coldcard connection The timing of this rollout is notable. Arkham’s update coincided with heightened scrutiny around a Bitcoin address implicated in a recent Coldcard hardware wallet theft. That address has accumulated a significant number of OP_RETURN entries, effectively turning the blockchain into a public forum where victims and observers are leaving messages related to the ongoing investigation.
This isn’t the first time Arkham has leveraged OP_RETURN data for investigative purposes. The platform previously used embedded transaction messages in its analysis of the LuBian mining pool incident, demonstrating that these 80-byte snippets can serve as legitimate forensic evidence in crypto investigations.
What this means for the analytics landscape No immediate price impact was observed following the feature launch. Displaying text that was already on-chain isn’t a protocol upgrade or a new financial product. It’s a quality-of-life improvement for researchers, investigators, and the kind of people who enjoy reading blockchain graffiti.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Trump calls Iran's leadership "two-faced people", and negotiations with Iran have begun.
U.S. President Donald Trump posted on social media, saying the duality of Iran’s leadership is "incredible!" They demanded a meeting—some would even say they are "begging" for talks. Negotiations have begun, and more meetings are scheduled in the coming days. At the same time, however, Iran’s leadership publicly and proudly claims it is not holding any discussions, talking about nothing, and is only engaging with the Omani side. Subsequently, they repeated their usual line, asserting that the Strait of Hormuz will be firmly controlled by them. In reality, however, the strait is now completely under the control of the U.S. Navy and our "blockade operation"—or as some refer to it, the "American Steel Wall!" Nothing can enter Iran without our permission; nothing can pass through unless an agreement is reached or a "full surrender" is achieved. Whether Iran is willing to admit it or not, we are in fact discussing how to resolve a problem created by them over the past decades. It is very simple: Iran will never possess nuclear weapons! (Jin10)
3 minutes ago
SpaceX’s short position has surpassed Tesla’s, with bearish bets totaling $23.6 billion.
According to data from S3 Partners, short positions in SpaceX have continued to surge since the company’s listing, with the current nominal short value hitting around $23.6 billion—surpassing Tesla’s roughly $22 billion—to rank among the largest short bets in the U.S. stock market. Data shows investors are currently shorting approximately 206 million SpaceX shares, accounting for about 32.2% of the company’s publicly traded shares. Short sellers are betting on SpaceX’s upcoming first quarterly report since its listing, as well as potential price pressure from the start of insider share lock-up expirations this week. At the time of SpaceX’s initial listing in June, short positions stood at only around 40 million shares, making up 5% to 7% of its publicly traded shares. As the stock price plummeted, short positions rose rapidly. Since its first trading day on June 12, SpaceX’s market capitalization has shrunk by more than $500 billion, with its share price falling over 50% from its intraday peak. Data from Bernstein shows that this week’s first lock-up expiration will allow the sale of roughly 20% to 30% of restricted insider shares. Subsequently, shares accounting for about 7% of total shares will be unlocked in phases before October, with another round of lock-up expirations following the third-quarter earnings report, and additional shares released after the end of the 180-day lock-up period. Bernstein forecasts that by December, SpaceX’s publicly traded share proportion could rise to around 40% of its total share count. Analysts note that some investors are temporarily reluctant to buy SpaceX shares based on fundamentals due to ongoing lock-up pressure. The market is also closely watching SpaceX’s first quarterly report since listing, released after U.S. trading hours on Tuesday, as investors will use the report to assess the company’s performance in rocket launches, Starlink, and AI businesses.
3 minutes ago
Trump-linked Bitcoin mining firm American Bitcoin’s CEO resigns, joins AI energy infrastructure company.
Trump-linked bitcoin mining firm American Bitcoin (ABTC) announced that its president and interim CFO Matt Prusak will step down on August 4 to join AI and energy infrastructure company Giga Energy as chief business officer and interim CFO. Prusak said that after "years of building his bitcoin business", he will move upstream to the energy infrastructure sector, focusing on power supply issues that currently constrain the development of both bitcoin mining and AI computing. American Bitcoin, co-founded with Eric Trump and backed by Hut 8, is a Nasdaq-listed bitcoin mining firm. Prusak previously led the company's bitcoin accumulation strategy, which included expanding computing power and increasing BTC holdings per share. Headquartered in Houston, Giga Energy primarily develops power equipment and AI data center infrastructure. The company said it has delivered over 6.5GW of power infrastructure to date and is developing more than 500MW of AI data center capacity. Industry insiders believe Prusak's move reflects that the bitcoin mining sector is accelerating its shift toward AI infrastructure. As competition in the mining business intensifies and profit margins come under pressure, an increasing number of mining firms are leveraging their power resources, land reserves and data center capabilities to enter the AI computing infrastructure market. As large tech firms compete for power and data center capacity, energy supply has become a core bottleneck for AI computing expansion, and companies with power resource integration capabilities are gaining more attention.
3 minutes ago
AI startup June closes $20 million pre-seed funding round, led by Time Ventures.
AI startup June, founded by former Salesforce executive Efrat Rapoport, has emerged from stealth mode and announced the close of a $20 million pre-seed funding round. The round was led by Time Ventures, the investment arm of Salesforce CEO Marc Benioff, with participation from tech industry figures including Michael Dell, Aaron Levie, and George Kurtz. June focuses on solving system integration challenges that enterprises face when deploying AI tools. The company notes that the main bottleneck for enterprise AI adoption today is not model capability, but rather getting AI agents to work in tandem with existing enterprise software systems, data platforms, and complex workflows. June’s platform scans a company’s existing systems, analyzes business processes and data structures, identifies bottlenecks, and automatically generates AI agent deployment plans—including steps like cleaning duplicate data fields, connecting data sources, and optimizing workflows. The founding team previously launched speech recognition firm Bonobo AI, which was acquired by Salesforce in 2019. After the acquisition, the team worked on Salesforce’s AI-related projects and observed the challenges enterprise clients faced when integrating AI into their existing systems. Currently, many large enterprises still rely on traditional data management platforms such as Salesforce, ServiceNow, Databricks, and Workday, requiring AI agents to address issues like legacy systems, fragmented data, and long-standing technical debt.
3 minutes ago
AI security startup Zenity has secured $125 million in funding, with SoftBank, Hitachi, and LG participating in the round.
Israeli AI security startup Zenity has announced the completion of a $125 million Series C funding round, led by Norwest, with participation from SoftBank Vision Fund 2, Hitachi Ventures, LG Technology Ventures, and other investors. Zenity focuses on enterprise AI agent security, aiming to resolve the security, governance, and access control issues that enterprises face after deploying autonomous AI systems. The company believes future AI risks come not only from the models themselves, but also from the impact AI agents—once they gain the ability to execute tasks autonomously—have on corporate systems, data, and business processes. Currently, enterprises are rapidly deploying AI agents that can perform tasks, make decisions, and connect with internal systems. Zenity noted that AI agent adoption in Asia-Pacific markets including Japan, South Korea, Singapore, and Australia is outpacing previous AI technology waves. Proceeds from this funding round will be used to expand Zenity’s business in the Asia-Pacific and European markets. The company currently has around 230 employees, with its R&D center located in Tel Aviv and operational headquarters in New York. Zenity primarily serves heavily regulated industries such as finance, telecommunications, healthcare, pharmaceuticals, and energy, where these sectors are applying AI agents to internal processes as well as customer-facing scenarios like customer service and ticket handling.
3 minutes ago
Hyperliquid burned approximately $760,000 worth of HYPE tokens over the past 24 hours, bringing its total burned value to $2.5 billion.
According to data from Onchain Lens, Hyperliquid burned approximately $760,210 worth of HYPE tokens in the past 24 hours. The data shows that in the latest reporting period, Hyperliquid generated around $777,200 in revenue, which was allocated to the Assistance Fund and HYPE holders. To date, Hyperliquid’s cumulative HYPE token burn has reached 46.19 million units, valued at roughly $2.5 billion at current prices, accounting for 4.62% of HYPE’s maximum total supply of 1 billion units.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
