Multiple Ark Invest funds collectively purchased approximately 2.53 million shares of BLSH, valued at approximately $172 million.
According to Ark Invest Daily data, Cathie Wood's Ark Invest funds purchased shares of Bullish (BLSH), with ARKK buying 1,714,522 shares, ARKW buying 545,416 shares, and ARKF buying 272,755 shares, for a total of 2,532,693 shares. Based on the closing price of $68, the holding value is approximately $172.2 million.
Compound lead investor Bain Capital Ventures is suspected of selling 349,000 COMP.
According to on-chain analyst Ember, Bain Capital Ventures transferred 349,000 COMP ($18.85 million) to an institutional business platform 9 hours ago, and currently 87,250 COMP ($4.73 million) has entered Binance, OKX, Bybit, and Gate. Bain Capital Ventures is one of the lead investors in Compound, and these COMP were received from Compound's deployment address 5 years ago.
El Salvador's unrealized profit from Bitcoin investment reaches $66 million, with a return rate of 115%.
According to Lookonchain monitoring, Bitcoin broke $124,000, hitting a new record high. Since November 18, 2022, El Salvador has purchased 1 BTC every day, purchasing 1,000 BTC at an average price of $57,793 (cost $57.29 million, current value $124 million), with an unrealized profit of $66 million (+115%).
BTC touched $124,000, hitting a new record high.
OKX market data shows that BTC has reached $124,000, hitting a new record high, and is currently trading at $123,872 per coin.
Bitcoin's market value surpasses Google, ranking fifth in global asset market value.
8marketcap data shows that Bitcoin's market value exceeds Alphabet (Google), reaching $2.459 trillion, ranking fifth among mainstream global assets.
Mizuho Securities: Circle (CRCL) baseline share price is $84, and may even fall to $40.
According to The Block, Mizuho Securities' equity researchers stated that Circle shares face medium-term risks such as slower-than-expected USDC growth, rising distribution costs, and potential interest rate cuts by the Federal Reserve. The analyst predicted a baseline share price of $84 for CRCL, with a pessimistic forecast that the share price would eventually be $40 by 2027, lower than the closing price of $153.16 on Wednesday, a day after the company released its quarterly earnings report. Notably, Bernstein analysts maintained a target price of $230 for the stock. The analyst believes there are three possible reasons for the stock's unexpectedly poor performance: First, the gap between the "dream" and "reality" of USDC in issuance is widening. Although the stablecoin has grown 6% quarter-to-date amid growing interest in cryptocurrencies, this is still below the company's long-term compound annual growth rate expectation of 40%. In addition, the continuously increasing issuance costs, "rising from 39% of the reserve pool in 2022 to 61% in 2024...and even reaching 64% in the second quarter," the analyst pointed out that Circle's profit margin seems to be further compressed. With the introduction of the (GENIUS Act), increased competition may accelerate this process. Currently, several large institutions have expressed their intention to launch or introduce stablecoins, and Circle's biggest competitor Tether is making plans to re-enter the U.S. market. Finally, the analyst stated, "Cooling CPI is good news for the economy, but bad news for CRCL." The U.S. Department of Labor reported on Tuesday that the U.S. Consumer Price Index rose 2.7% year-over-year in July, slightly lower than expected, which triggered expectations that the Federal Reserve might cut interest rates.
Google: New Google Play Store rules will not restrict the listing of unregistered non-custodial wallets.
According to The Block, rumors previously circulated that the Google Play Store planned to ban unregistered non-custodial crypto wallets in several countries/regions including the US and UK starting in October. Google posted a clarification on X, stating that it has no intention of restricting non-custodial wallets. “Non-custodial wallets are not subject to the Google Play cryptocurrency exchange and software wallet policies. We are updating the Help Center to clarify this.”
Sources: Crypto wallet MetaMask may announce details of stablecoin mUSD this week.
According to CoinDesk, sources familiar with the matter revealed that MetaMask is likely to soon, possibly as early as this week, announce details of its dollar-pegged stablecoin mUSD. The stablecoin mUSD was previously disclosed in an advance-released governance proposal, which was quickly deleted last week. MetaMask stated that it has over 30 million monthly active users and is currently issuing its stablecoin with the help of Bridge. Bridge, a company that helps businesses integrate stablecoin payment channels, was acquired by fintech giant Stripe earlier this year and is dedicated to helping businesses integrate stablecoin payment channels and stablecoin issuance protocol M^0. The source said that in addition to working closely with Bridge on the mUSD stablecoin, MetaMask is also seeking help from traditional financial alternative asset management firm Blackstone to provide custody and fund management services for its tokens.
Coinbase adds Useless Coin (USELESS) to the listing roadmap.
According to official announcements, Coinbase will add Useless Coin (USELESS) to the listing roadmap.
The three major U.S. stock indexes collectively closed higher, with the Nasdaq and S&P 500 indexes continuing to hit record closing highs.
According to Cailian Press, the three major U.S. stock indexes collectively closed higher, with the Dow Jones Industrial Average up 1.04%, the S&P 500 Index up 0.32%, and the Nasdaq Index up 0.14%. Among them, the Nasdaq and S&P 500 indexes continued to hit record closing highs. Coinbase (COIN) rose 1.36%; Circle (CRCL) fell 6.16%.
Market news: Canary Trump Coin ETF has been registered in Delaware, USA.
According to market news, Canary TRUMP COIN ETF has been registered in Delaware, USA.
Offchain Labs acquires smart account development team ZeroDev.
According to Offchain Labs news, the company has acquired the smart account development team ZeroDev. ZeroDev currently supports more than 5 million smart accounts, covering more than 30 chains, and provides tools for multiple crypto projects including ApeCoin, Conduit, and Crossmint. The acquisition aims to meet the growing demand for on-chain infrastructure, promote the on-chainization of large institutions and consumer applications, and collaborate with the previously launched universal intention engine to achieve fast cross-chain transactions and seamless user experience.
GMX completes approximately $44 million compensation plan to resolve V1 vulnerability issues.
GMX announced that it has completed the approximately $44 million compensation plan for the impact of the GMX V1 vulnerability, distributing GLV tokens to affected Arbitrum GLP holders, including GLV [BTC-USDC] and GLV [WETH-USDC]. The token composition is approximately 25% Bitcoin, 25% Ethereum, and 50% stablecoins. This compensation includes $2 million in support from the DAO treasury and $500,000 in GLV holding rewards. Users can apply for compensation through the GMX dApp, and holding GLV for at least 3 months will result in a retention reward. The GLP redemption function is expected to be enabled in 10 days, and the remaining GLP can be sold normally. The vulnerability was discovered on July 9. An anonymous attacker accepted a $5 million bug bounty and returned the funds. GMX V2 was not affected.
AI project Sapien will conduct TGE on August 20, with 5% to be airdropped to early contributors.
Sapien Foundation announced that it will hold a SAPIEN Token Generation Event (TGE) on August 20, issuing and distributing tokens for the first time. The token is built on Coinbase's Layer-2 blockchain Base and will support a decentralized data minting platform to provide high-quality data support for AI. The event adopts a fair distribution model, with an initial unlock of 25% of the total amount and an airdrop of 5% of the tokens to early contributors. CookieDAO community members will receive 0.5% allocation. It is reported that AI data collection startup Sapien announced the completion of a $10.5 million seed round of financing last year, led by venture capital firm Variant, with participation from Primitive Ventures, Animoca, Yield Game Guild, and HF0. Angel investors such as YGG founder Gabby Dizon and SoftBank Vision Fund alumnus Kevin Jiang also participated in this round of financing. Previously, on July 18, AI project Sapien established a foundation and revealed the native token name $SAPIEN.
Binance CSO: North Korean hackers disguise themselves as applicants every day, and they use voice changers, synthetic videos and other AI technologies to forge identities.
Binance CSO (Chief Security Officer) Jimmy Su revealed that North Korean hackers are disguising themselves as job seekers every day to infiltrate the company, becoming one of the biggest threats to the crypto industry, especially the Lazarus Group associated with North Korea. According to statistics, North Korean hackers stole $1.34 billion last year and have already stolen $1.6 billion this year. Hackers use AI technology to forge identities, use voice changers and deepfake videos to gain trust, and also attack employee devices by polluting public code repositories and using fake recruitment links. Binance discards suspicious resumes every day, which usually use specific templates, and applicants often use Japanese or Chinese surnames. With the development of AI technology, these hackers can now disguise themselves as developers from Europe or the Middle East and use voice changers and deepfake technology in video interviews. However, their internet connection is usually slow, which is a major clue for identification. In addition, Binance requires applicants to perform some actions during the interview to break the forgery, but the specific methods are not disclosed. To prevent internal penetration, Binance also monitors the behavior of existing employees, such as working hours and output. If employees show signs of working non-stop, it may indicate that they are members of the Lazarus Group. North Korean hackers also attack the crypto industry by polluting public code repositories or forging job invitations. Su emphasized that these attack methods are becoming increasingly sophisticated and pose a significant threat to the industry.
Shrapnel developer completes $19.5 million financing, led by Gala Games.
Seattle game studio Neon Machine announced the completion of $19.5 million in financing. The latest round was led by Gala Games, with participation from Griffin Gaming Partners and Polychain Capital. The funds will be used to support the global release of its award-winning FPS game Shrapnel and its plans for the Chinese market. The closed beta in the Chinese market will begin in 2025, and the open beta will begin in early 2026. Previously, it was reported that Neon Machine, the developer of the crypto shooter game "Shrapnel," was in financial crisis.
Sign Foundation Completes First $12 Million $SIGN Buyback
Sign Foundation announced that it has successfully completed a $12 million $SIGN token buyback, with $8 million purchased through the open market, obtaining a total of 117 million $SIGN; and an additional $4 million settled through private agreements. The repurchased tokens will be used to promote cooperation with listed companies, support the launch of new platforms, and expand the Orange Dynasty project.
ZachXBT: North Korean IT personnel exposed for manipulating 30+ fake identities, involving $680,000 attack.
According to ZachXBT, a source hacked into the devices of North Korean IT personnel and discovered that their small team obtained developer positions through more than 30 fake identities, used government IDs to purchase Upwork and LinkedIn accounts, and worked through AnyDesk. Related data includes Google Drive exports, Chrome profiles, and screenshots. Wallet address 0x78e1 is closely related to the $680,000 attack on the Favrr platform in June 2025, and more North Korean IT personnel have also been identified. The team used Google products to arrange tasks, purchased SSNs, AI subscriptions, and VPNs. Some browsing history shows frequent use of Google Translate to translate Korean, with an IP address in Russia. The negligence of recruiters and the lack of collaboration between services have become major challenges in combating such behavior.
Trump is considering 11 candidates to succeed the Chairman of the Federal Reserve, including David Zervos and Rick Rieder.
According to sources, U.S. President Trump is evaluating 11 candidates to succeed Federal Reserve Chairman Powell, whose term will end in May 2025. New nominations include Jefferies Chief Market Strategist David Zervos, former Federal Reserve Governor Larry Lindsey, and BlackRock Global Fixed Income Chief Investment Officer Rick Rieder, as well as current Federal Reserve officials such as Bowman, Waller, and Jefferson. Treasury Secretary Scott Bessent will be responsible for interviewing and screening the final list. Officials said the decision time has not been determined, but the process is expected to take a long time.
Listed company GameSquare plans to purchase $2.5 million of Animecoin ($ANIME) within 1 year.
Nasdaq-listed media and entertainment company GameSquare (stock code GAME) announced a strategic cooperation agreement with the Animecoin Foundation, under which it will purchase $2.5 million worth of Animecoin ($ANIME) within one year and become the designated agency of Animecoin. This cooperation aims to expand GameSquare's Web3 layout, add high-potential digital assets to its crypto treasury, and promote Animecoin's influence in the global gaming and animation market. GameSquare will also cooperate with Azuki to develop physical and digital products and showcase the Animecoin brand through FaZe Esports.
LIXTE Biotechnology plans to invest 25% of its treasury in cryptocurrencies such as Bitcoin.
According to news from biopharmaceutical company LIXTE Biotechnology Holdings, the company's board of directors has approved a strategic capital allocation plan to invest up to 25% of the corporate treasury in cryptocurrencies, including Bitcoin and other digital assets. The specific transaction size and timing will be determined based on market conditions and strategic considerations.
US Treasury Secretary Bessent: The Fed may cut interest rates by 50 basis points in September, and interest rates should be lowered by 150-175 basis points.
US Treasury Secretary Bessent said that the Fed's interest rate policy is too tight and interest rates should be lowered by 150 to 175 basis points. He believes there may be a series of rate cuts, possibly starting with a 50 basis point cut in September. Bessent is optimistic about the Fed's September meeting and noted that if the data is accurate, the Fed may cut rates sooner. He also observed that corporate profit margins are returning to pre-COVID-19 levels.
Standard Chartered raises Ethereum's year-end target price to $7,500, and will break the historical high of $4,866 in Q3.
According to The Block, Standard Chartered analysts significantly raised the Ethereum year-end price target to $7,500, significantly higher than the previous $4,000, and expect it to reach $12,000 by the end of 2026, $18,000 by the end of 2027, and remain at $25,000 from 2028 to 2029. Analysts pointed out that Ethereum's investment appeal has been significantly enhanced, with positive buying from corporate finance departments and institutional investors, spot ETF demand, new U.S. stablecoin rules, and progress in the technology roadmap all supporting its price increase. Standard Chartered expects Ethereum to break its historical high of $4,866 in the third quarter of 2025. In addition, Standard Chartered analysts maintained their long-term optimistic expectations for Bitcoin in their latest report, expecting its price to reach $200,000 by the end of 2025 and further rise to $500,000 from 2028 to 2029.
A suspected HashKey Capital address transferred 7,300 ETH to Binance 50 minutes ago, worth approximately $33.86 million.
According to Ember monitoring, a suspected HashKey Capital address again transferred 7,300 Ethereum (ETH), worth approximately $33.86 million, to Binance within 50 minutes. From July 28 to date, the address has cumulatively transferred a total of 31,300 ETH, worth approximately $124 million, to Binance, OKX, and Galaxy Digital, at an average price of $3,966.
Binance Wallet will launch the Reveel (REVA) pre-issuance and airdrop event on August 14.
Binance Wallet will host the Reveel (REVA) pre-issuance event (Pre-TGE) from 19:00 to 21:00 Beijing time on August 14. Users can subscribe for REVA tokens through the oversubscription model, with a maximum deposit of 3 BNB per person. The token allocation is calculated based on the total deposit ratio of all participants. The event will raise $200,000 and a total of 20 million REVA tokens will be sold, accounting for 2% of the total supply. The token price is $0.01 equivalent in BNB. The subscribed REVA tokens will have a lock-up period, and the specific circulation time will be determined by the project team. In addition, the Booster program will also airdrop an additional 40 million REVA, and users can participate by completing tasks.
Possibly affected by the upcoming launch of Binance contracts, AIO and XNY both rose more than 20% briefly.
According to Binance Alpha, AIO briefly rose 25.78% to $0.0919, and XNY briefly rose 20.16% to $0.0172, possibly due to the upcoming launch of Binance contracts. Earlier, Binance added AIOUSDT and XNYUSDT perpetual contracts.
An unknown wallet newly minted 100 million USDC on the Algorand network.
According to Whale Alert monitoring, at 17:06 Beijing time, an unknown wallet on the Algorand network newly minted 100,000,000 USDC, worth approximately $99,985,200.
