Techub News

Written by: Glendon, Techub News



After a gap of 3 years and 8 months, Ethereum has finally stood at $4,400 again, which is indeed inspiring.



Compared to Ethereum's lackluster performance in the previous cycle, it has recently shown a resilience comparable to Bitcoin. Therefore, whether Ethereum can maintain its current momentum and break previous highs inevitably becomes a focus of attention for investors. This article will discuss the driving forces behind Ethereum's recent price increase and its ecological status, as well as explore whether it can set a new historical high.



'The Institutional Era' has arrived, and listed companies have fired the 'Ethereum Reserve War'

Written by: Yangz, Techub News



In the current situation where the DeFi market is cooling down and funds are avoiding risks and turning to stablecoins and tokenized stock assets, Uniswap, as the industry leader, is planning to seek a way out for itself through a "big game" of compliance. Simply put, the protocol hopes to establish a legal entity "DUNI" according to the DUNA (Decentralized Unincorporated Non-profit Association) framework that took effect in Wyoming last year, thereby giving Uniswap governance real-world recognition, new capabilities, and greater autonomy. More importantly, this move may provide a legal basis for the "Fee Switch" proposal that has plagued its community for many years.

Compiled by: Nona

 

Fear of Greed Index: 60 (greed)
Bitcoin Price: $118,564
BTC/ETH Spot ETF Fund Flows (August 11th)
BTC net inflow: $178.15M
ETH net inflow: $1.02 B

 

Regulatory/Macro

 

El Salvador's government has purchased 1 Bitcoin per day for 1,000 consecutive days

The Salvadoran government has purchased one Bitcoin every day for 1,000 consecutive days. On-chain data shows that the Salvadoran government currently holds a total of 6,266.18 Bitcoins, worth approximately US$743.3 million.

 

Project/Company News

 

Hong Kong-listed Fosun International plans to apply for a Hong Kong stablecoin license

Written by: Bitrace



The Hong Kong (Stablecoin Regulation) (hereinafter referred to as the Regulation) officially came into effect on August 1, 2025. The regulation sets strict rules for the issuance and operation of stablecoins, explicitly prohibiting offers, promotions, and sales of stablecoins without a license, without providing a transition period.



As institutions primarily engaged in the exchange of stablecoins and fiat currencies, local cryptocurrency exchange shops in Hong Kong are the first to be affected. After the regulation took effect, several OTC service providers announced the suspension of stablecoin-related business while waiting to apply for licenses.



This article aims to provide a blockchain perspective for regulatory authorities by disclosing the TRC20-USDT outflow data from the addresses of Hong Kong's OTC service providers (HKVAOTC) over the past 70 days.

Recently, I saw several people discussing being scammed in the group. After detailed inquiry, I learned that someone was using the banner of 'SAFEX scam' to deceive others. As a long-time user who has witnessed the development of SAFEX since 2020 and is very willing to recommend SAFEX to friends around me, I want to ask everyone a few questions:

First, SAFEX currently has over one million registered users and daily active users exceeding 50,000. As long as they operate normally, they can continue to profit. Is it necessary for them to sacrifice long-term interests for short-term funds?

Second, financial regulation in various countries is not to be taken lightly. On the SAFEX official website, you can find the US MSB financial service license, Canadian MSB financial service license, Hong Kong licensed custody service qualification, Singapore digital asset custody service certification, etc. Why not trust reliable institutions and instead believe strangers on the internet?

Written by Gui Ruofei

 

Traditional American polling organizations could never have imagined that they would be replaced not by advanced artificial intelligence but by a Web3 prediction platform. In the 2024 election, data from numerous polling organizations consistently showed Harris holding a clear advantage over Trump in terms of support. However, the Polymarket platform's predictions diverged significantly from these polling organizations, with Trump's odds consistently far ahead of Harris. Ultimately, with Trump's crushing victory over Harris in the 2024 presidential election, Polymarket shot to fame and entered the public eye.

Written by: angelilu, Foresight News

 

The crypto trading frenzy in South Korea has quietly seeped into the 'stock market'. The 'kimchi premium' of that year was once a global spectacle in the cryptocurrency market. This country of only 51 million people once experienced bitcoin trading volumes capable of shaking the global market. Although the government's strong regulation has rendered this premium phenomenon a thing of the past, the inherent risk-taking gene in South Koreans has not faded; it is merely looking for new outlets.

 

Moreover, the main forces behind this frenzy are not large institutional players in Korea, but rather young retail investors who are betting on the future. In this country of 51 million people, as many as 18 million are active in the digital asset market, accounting for more than one-third of the total population, and nearly a quarter of young people aged 20 to 39 view trading cryptocurrencies as their sole chance to turn their lives around.

Author: Dingdang (@XiaMiPP)



Recently, Tether's latest disclosed data shows that its holdings of U.S. Treasury bills have surpassed $120 billion, a number that not only exceeds the holdings of sovereign countries like the UAE and Germany but also elevates a stablecoin issuer to the position of the 18th largest holder of U.S. Treasury bonds globally.



For those familiar with the crypto market, this number is astonishing; in the eyes of traditional finance, it resembles a structural 'financial tectonic movement.' Some believe that stablecoin issuers like Circle and Tether are consuming more U.S. Treasury bonds than most countries, which could reshape the U.S. economy.

Organizer: Nona



Bitcoin Asia 2025 is back with a bang! As the most influential Bitcoin event in Asia, this conference will be grandly held in Hong Kong from August 28 to 29, gathering the core forces of the global Bitcoin community—top enterprises, innovative projects, seasoned developers, institutional investors, and policymakers, creating an unprecedented flagship event in the industry. This event is not only a celebration of technology but also a crucial step for Bitcoin towards mainstream application!



Theme: DePIN EXPO HK 2025





Time: August 27, 2025 10:00 - August 28, 17:00 (GMT+8)

Written by: NFT Research



Between traditional finance and the on-chain world, RWA (Real World Assets) is rapidly emerging as a narrative path that is certain, scalable, and meets real demands. As the infrastructure of Ethereum and its Layer 2 networks continues to mature, more and more real assets are going on-chain, from high-net-worth bonds, consumer goods to real estate and commodity inventories, attempts at on-chain representation, trading, and settlement have entered the implementation stage.



The year 2025 is becoming a significant turning point for RWA. This path of integration has already moved from vision to practice.

On August 9, the 'Global First New Cultural Tourism Industry RWA Base Launch Ceremony' co-hosted by the Greater Bay Area RWA Incubator, Pashen Digital Technology, Hongyou (Hangzhou) Management Partnership, Zhejiang Haoyuan Technology Company, Hangzhou Jiuyi Network Technology Co., Ltd., and HARMON VENTURES, with support from Shenzhen Hongrui Management Consulting Company, Hong Kong University of Science and Technology, Beijing Yingke (Shenzhen) Law Firm, Jintiancheng Law Firm, and other units, successfully concluded in Hangzhou. This conference focused on 'New Opportunities for RWA Finance and the Innovative Integration of Digital Cultural Tourism,' not only deeply analyzing the path of RWA technology empowering the cultural tourism industry but also heavily releasing the world's first new cultural tourism industry RWA base, marking the official entry of Chinese cultural tourism assets into a new stage of 'verifiable, tradable, and sustainable' ecological closed loop.

According to official information, the Layer 1 blockchain project Camp Network, focused on Autonomous IP infrastructure, has announced a week-long content sprint called 'Camp Bullpost' in collaboration with the social creation platform Rova. The total prize pool is as high as $5,000, encouraging creators to engage in in-depth discussions and creations around the future of Autonomous IP and AI training data.

The event will be held from August 11 to August 18, with participants able to enter by posting high-quality content through the Rova platform or on X (formerly Twitter). The content must be related to Camp Network and include keywords such as 'Autonomous IP', 'Proof of Provenance', or 'AI training data', while tagging @campnetworkxyz.

According to Techub News, citing ichaingo data, on August 11 Eastern Time, the total net inflow of Ethereum spot ETFs in the U.S. was approximately $1 billion, setting a record for the highest single-day net inflow since their launch.



BlackRock ETF ETHA daily net inflow of approximately $639 million; Grayscale ETF ETHE daily net outflow of approximately $13 million; Fidelity ETF FETH daily net outflow of approximately $276 million; Grayscale Micro ETF ETH daily net inflow of $66.57 million; Bitwise ETF ETHW daily net inflow of $4.3 million; VanEck ETF ETHV daily net inflow of $9.42 million; 21Shares ETF CETH daily net inflow of $3.86 million; Franklin ETF EZET daily net inflow of $4.88 million. Invesco ETF QETH had no net inflow or outflow.