According to Ai Yi monitoring, between 23:31 and 23:38 last night, 4 new addresses suspected to belong to the same whale or entity withdrew 31,979 ETH from Coinbase, worth $85.68 million, at an average withdrawal price of $2,679.31.
Odaily News: On-chain derivatives protocol Variational has announced that the VAR TGE is scheduled for Q4 2026. The initial token distribution includes a 32% genesis allocation, an 18% ecosystem reserve, and a 50% team and investor share.
Among these, the genesis allocation will be airdropped based on the proportion of Variational points held, and will be 100% unlocked at the TGE; team and investor tokens will be locked for 12 months after the TGE, and then unlocked over a period of at least 3 years. Variational plans to use all revenue directed to the treasury to buy back and burn VAR.
In addition, the distribution of 150,000 points per week will continue until the TGE. Variational stated that the postponement of this TGE from the original plan is mainly related to a major strategic partnership. Before the TGE, it will push for Omni to launch its public mainnet and announce more details regarding token buybacks and utility.
According to Lookonchain monitoring, after UNI's decline, a whale completed the purchase at a price of $9.39.
Odaily: Cryptocurrency exchange Kraken's parent company, Payward, plans to offer onchain perpetual contract trading to U.S. users through Hyperliquid. Its Bitnomial exchange, which is regulated by the U.S. Commodity Futures Trading Commission, will create and manage the relevant markets, and the plan is still pending regulatory approval.
Customer accounts will be hosted by NinjaTrader Clearing and will be limited to users who pass its whitelist review with Bitnomial. Digital asset management firm Grayscale said that if the relevant markets pay protocol fees to Hyperliquid, the new trading activity could increase funds for HYPE token purchases. (Bitcoin.com News)
Odaily reports: Patrick Witt, Executive Director of the White House Presidential Council of Advisors on Digital Assets, said at Georgetown University's Financial Markets Quality conference that the CLARITY Act has failed to advance in the Senate, partly because Democrats have politicized the issue of Trump's crypto conflicts of interest. Witt stated that Trump had previously agreed to two "unprecedented" ethics provisions.
Additionally, Witt attributed part of the resistance to banking lobbying, saying that large banks are concerned about stablecoin rewards competing with interest-bearing bank deposits, and have conveyed this concern to community banks.
1. Hack VC Co-founder: Has not contacted Hsin-Ju for over 10 months, unclear about the specific circumstances of their passing;
2. "White Hair Stock Guru" Serenity: There are "10x" opportunities in Korean AI supply chain small-cap stocks, has already positioned and bought in;
3. US considers promoting overseas use of dollar stablecoins to consolidate the dollar's reserve status;
4. Hut 8 wins bid for two Poolin data centers in Texas for $140 million;
5. Flap protocol distributed $22.96 million in fees to community and treasury over the past 30 days, with $13.6 million in holder rewards;
6. Musk shares Katzenberg's long-form article: AI will not replace creativity, creators need to participate in rule-making;
7. Solana treasury company Forward Industries plans to raise $25 million, intends to continue accumulating SOL;
8. Ignas: The continuation of the "high-revenue token" narrative may make the crypto bull market simpler;
9. Bitwise: During the 50% crypto market drawdown, all 15 large institutions surveyed did not reduce holdings;
10. Analysis: This BTC bear market is notably different from the traditional four-year cycle pattern, with deep drawdowns yet to materialize.
Odaily reports, according to CoinGlass data, that over the past 12 hours, the total liquidation amount across the entire network reached $389 million, of which $352 million was in long positions and $37.5412 million was in short positions.
Among these, BTC liquidations amounted to approximately $113 million, ETH liquidations totaled $89.3874 million, and XRP, ZEC, and NEAR saw liquidations of $17.7969 million, $12.5451 million, and $12.4459 million, respectively.
Odaily News: According to MSX.COM data, US stocks closed with the Dow down 0.68%, the S&P 500 down 0.75%, the Nasdaq down 1.13%, and the VIX fear index up 6.83%. AI-related stocks broadly declined, with Alphabet down 3.8%, The Trade Desk down 3.79%, Oracle down 3.11%, Symbotic down 3.06%, and Baidu down 2.87%.
It is reported that MSX is a leading RWA trading platform and has cumulatively listed hundreds of RWA tokens, covering popular US stock and ETF token assets such as Nvidia, GOOGL, MSFT, AMZN, META, TSM, and AMD.
Odaily News: According to the latest data from Gate, the price of gold has risen to $4,298.5 per ounce, with an intraday gain of 0.23%. The price of silver has risen to $64.376 per ounce, with an intraday gain of 0.92%.
In the forex market, USD/CNH rose 0.01% intraday, with the current exchange rate at 6.71176. USD/JPY fell 0.15% intraday, with the current exchange rate at 158.066.
In global stock indices, the Euro Stoxx 50 (EUSTX50) fell 0.91% intraday to 6,294.16 points; the UK FTSE 100 (UK100) rose 0.09% intraday to 10,686.9 points; the German DAX 40 (GER40) rose 0.05% intraday to 25,352.1 points.
In commodities, WTI crude oil fell 1.11% intraday to $95.92 per barrel. Brent crude oil fell 0.47% intraday to $102.46 per barrel.
Gate supports users in directly trading traditional financial market products within the platform, offering a one-stop coverage of multiple asset classes including precious metals, forex, global stock CFDs, major indices, and commodities, achieving deep integration between crypto assets and traditional financial assets. Gate TradFi-related features have been fully integrated into the Gate App and Web platforms, allowing users to conveniently participate in global asset price trading without switching platforms, unlocking more strategies and opportunities beyond the crypto market and continuously enhancing the multi-asset allocation experience.
Odaily: The US 5-year Treasury yield extended its rise, recently up 19.04 basis points to 5.032%, marking the first time it has risen above 5% since 2007.
Odaily reports that David Hoffman, founding partner of Bankless Ventures, posted that the crypto market occasionally sees a single asset concentratedly absorbing capital transfers from Bitcoin holders. ETH exhibited a similar pattern in 2021, and ZEC in 2026 is becoming a new consensus allocation target for some Bitcoin capital.
Hoffman stated that ZEC's market cap has risen from approximately $200 million to around $26 billion, but remains small compared to Bitcoin's market cap of roughly $1.7 trillion. It would only take convincing a small portion of Bitcoin holders to allocate a modest amount to ZEC to potentially generate sustained buying pressure. Additionally, he believes NEAR is absorbing the relatively weaker "smart contract buying pressure" in 2026.
Odaily reports that Circle co-founder and CEO Jeremy Allaire, in a post on X citing Arc Chain's official tweet, stated that one week after Arc Chain's launch, on-chain assets (USDC and cirCTC) have surged from zero to $700 million, while USDC transaction volume has surpassed $7 billion.
Odaily News: Japan's 10-year government bond yield rose 8.0 basis points to 3.055%, the highest since September 1996. (Sina Finance)
According to Odaily, all Democratic members of the U.S. Senate Banking Committee sent a letter to Committee Chairman Tim Scott requesting a public hearing on prediction markets, arguing that the committee bears important oversight responsibilities regarding the regulation of related markets.
On the same day, Scott and Republican members of the committee privately met with Kalshi CEO Tarek Mansour to discuss securities-linked prediction market products, investor protection, and regulatory issues. Democratic lawmakers believe that some prediction market products tied to corporate performance metrics may fall within the SEC's regulatory scope and should be reviewed through a public, bipartisan process. (The Block)
Odaily reports: a16z crypto stated that the trading scale of RWA perpetual contracts tied to equities, gold, and other traditional assets has grown rapidly, with trading volume reaching $117.3 billion in August 2026, a 44x increase from a year ago, and open interest reaching $4.8 billion.
Of this, on-chain RWA perpetual contract trading volume in August was approximately $101 billion, accounting for 86% of total trading volume, while centralized exchange trading volume was approximately $16 billion. By asset class, equities accounted for 48% of August trading volume, while commodities and indices accounted for 28% and 18%, respectively.
a16z stated that after Hyperliquid launched HIP-3 in October 2025, developers could deploy their own perpetual contract markets based on HyperCore, further driving the migration of RWA perpetual trading on-chain.
Odaily reports: A periodic transaction report disclosed by the U.S. Office of Government Ethics shows that Trump reported purchasing $1,001 to $15,000 worth of Coinbase Class A shares on July 24, and purchasing $1,001 to $15,000 and $50,000 to $100,000 worth of Strategy Class A shares on July 24 and July 27, respectively; he had previously sold $1,001 to $15,000 worth of Strategy Class A shares on July 8. Periodic transaction reports are used to disclose the purchase, sale, or exchange of securities such as stocks.
Additionally, the report shows that Trump sold $15,000 to $50,000 worth of CleanSpark and MARA shares on July 29. The White House has previously stated that Trump's stock and bond portfolio is independently managed by third-party financial institutions, and that Trump and his family members cannot direct or influence specific investments or the timing of trades.
