Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
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Planet Noon News | August 26
3hours ago

1. The ETH/BTC exchange rate rose to 0.043 in the early morning, reaching a new high since December 24 years;

2. REX Financial CEO: Crypto ETF issuers should choose carefully, as most tokens are "very unreliable";

3. A former Kuaishou executive was suspected of embezzling 140 million yuan and laundering the proceeds through Bitcoin. He has already surrendered over 90 Bitcoins.

4. Peter Schiff: Bitcoin may fall to $75,000, slightly below the Strategy's average holding cost;

5. A whale sold HYPE and Fartcoin and subsequently went long on ETH with a 15x leverage, resulting in a paper loss of over $13 million.

6. A whale deposited $7.49 million into HyperLiquid, shorting ETH and HYPE while simultaneously buying ETH and HYPE spot.

7. A whale withdrew 6,334 ETH from Kraken after four years of dormancy, worth $28.08 million.

8. Economist: Trump's dismissal of Cook could disrupt the US government budget;

9. Bitcoin spot ETFs saw a total net inflow of $219 million yesterday, with none of the twelve ETFs experiencing a net outflow.

10. YZi Labs’ incubation program EASY Residency announced the list of selected projects for the first quarter.