Odaily News, realtrumpcoins posted a statement on the X platform stating that reports claiming Trump Coins have launched, promoted, or authorized the issuance of digital tokens are "completely false" and that the information stems from malicious third-party actions. It emphasized that Trump Coins has never authorized, and will not launch, promote, or authorize the issuance of any digital tokens. The team is currently cooperating with relevant authorities to investigate the matter and will hold those responsible accountable.

Previously reported, the Meme coin GOLD was created on Solana yesterday. After @realtrumpcoins1 posted a tweet containing the GOLD contract address, the token's market cap briefly surged to $66 million. The tweet was subsequently deleted, and GOLD's market cap plummeted from $55 million to $1 million in approximately 30 seconds.

Odaily News, according to GMGN data, the Robinhood ecosystem token CLAN surged rapidly this morning, with its market cap briefly breaking through $5.5 million to hit an all-time high. It has now pulled back to around $5 million, with intraday gains exceeding 83%.

It is understood that the project behind CLAN, clan.tech, launched on Robinhood Chain today and is built on FOMO. The platform focuses on trading "Clan Keys," where holders can gain access to corresponding private chat rooms to communicate with other traders.

Odaily reminds that this token's price is highly volatile and susceptible to market sentiment and hot topics. Please be mindful of trading risks.

Odaily News, Darkfost posted on the X platform stating that during this rally to $80,000, the average unrealized profit margin for short-term holders is close to 15%. Their cost basis is currently estimated at around $70,100, and the current profit level is the highest since July 2025.

Darkfost pointed out that the market has now entered a zone where short-term holder profits are beginning to heat up significantly. As paper profits expand, the holding stability of these investors may decline, leading to increased profit-taking pressure. Therefore, it is not surprising that the BTC price has temporarily stalled around $80,000 recently.

Odaily News: Cosmos Labs has released an analysis report on the EVM module security incident. Between August 20 and August 25, attackers exploited a vulnerability in Cosmos EVM to steal funds from multiple Cosmos chains. After MANTRA first issued a notification, the Cosmos security team coordinated with approximately 40 chains to assess risks and deploy mitigation measures. A total of 6 networks were attacked, with approximately $2.87 million in assets sold on DEXs after being bridged, and another approximately $2.85 million in assets sold on CEXs. The CEX accounts used by the attackers have been frozen, and related investigations are ongoing. An additional 13 potentially vulnerable networks completed patches, halted chains, or took other protective measures in a timely manner, with no further losses reported. The vulnerability was first reported as early as April 25 through the bug bounty program.

Odaily News: Bitwise CEO stated on the X platform that Solana, Ethereum, and Bitcoin are currently the only three crypto assets globally whose ETF scale has grown to exceed $1 billion.

Odaily News: Over the past two weeks, total cryptocurrency market liquidations surpassed $9.71 billion, with short liquidations at $6.55 billion and long liquidations at $3.16 billion.

Odaily News: On-chain analyst Tom Wan stated on platform X that the total market capitalization of Robinhood stock tokens has reached $50 million, and the number of holders with positions valued over $1 has doubled since the beginning of the month. Additionally, the integration of Robinhood Chain stock tokens with DeFi continues to expand, now connected to DEXs such as Uniswap, Arcus, Deepstate, and Rialto, as well as Lighter perpetual contracts and the Morpho lending protocol.

Odaily News: South Korea's major securities firms recorded a record net profit of nearly 6 trillion won (approximately $4.356 billion) in the second quarter of this year, but brokerage stocks have recently shown weakness. According to industry sources in the Korean financial investment sector on the 29th, the top 10 brokerages (Mirae Asset, Korea Investment, Samsung, KB, NH, Shinhan, Meritz, Kiwoom, Hana, Daishin) posted a combined net profit of 5.9362 trillion won (approximately $4.31 billion) on a consolidated basis in the second quarter, up 37% from the previous quarter and up 141% year-on-year. Despite the solid earnings performance of Korea's major brokerages, their stock prices have been relatively sluggish. The Korea Exchange's securities industry index closed at 9,804.97 points on May 9, hitting a yearly high, but subsequently pulled back sharply. The index fell to the 6,400–7,400 point range in June, further declined to the 4,700–6,400 point range in July, and has been fluctuating in the 5,000–5,500 point range this month.

Odaily News, according to GMGN market data, Robinhood ecosystem token PONS market cap briefly surpassed $180 million, continuing to hit a new all-time high, currently reported at $178 million.

Currently, 29% of the total supply of PONS tokens has been burned, and the Pons Treasury continues to use 80% of protocol fee revenue to accumulate more PONS.

Odaily News: Crypto researcher kioto posted on X platform stating that multiple tokens on Robinhood Chain with market caps exceeding $100 million exhibit a similar market structure: after early attention and significant capital inflow, as market hype fades, these tokens typically experience a sharp pullback of around 60% to 95%, shaking out short-term traders while chips gradually concentrate among long-term holders and participants who may be accumulating for the next market move.

The researcher believes that when new market demand emerges again, with reduced sell-side supply, thinner order books combined with potential catalysts could drive rapid price appreciation. Once one understands that this pattern repeats itself, it becomes possible to proactively identify tokens at similar stages. Robinhood Chain is more of a chain for holders rather than a chain for flippers.

Odaily News: The US government transferred a small amount of Bitcoin this week, which was seized three years ago from Alameda Research's Binance US account. The US government has not yet disclosed the purpose of this transfer or its plan for disposing of the remaining Bitcoin assets.

Odaily讯 Robinhood Chain 8 月 29 日链上 DEX 单日交易量达到 9.45 亿美元，创历史新高，超过 7 月中旬此前高点。其 DEX 交易量自 8 月中旬约 3 亿美元低位持续回升，近期连续多个交易日增长。

Odaily reported that Neutrl stated the team has identified an issue with a position in its strategy, which has affected the liquidity of part of the protocol's reserves, and the relevant smart contracts have been suspended. The protocol currently holds approximately $27 million in available liquid assets, in addition to strategy positions that have not yet been realized, along with corresponding profits or losses. The timeline, amount, or recoverable value cannot be confirmed at this time. In response to user demand for liquidity, Neutrl plans to open an early redemption mechanism for NUSD and sNUSD holders, treating all holders equally. The target timeline is early September, subject to the progress of the deployment of new redemption contracts, independent audits, and legal and financial review processes. The timeline may be subject to change. The team advises holders not to trade NUSD or sNUSD during the assessment period, so as not to affect recovery arrangements.

Odaily News: Privacy-focused cryptocurrency Zcash has risen about 19 times over the past year, yet its market cap remains less than 1% of Bitcoin's. Digital asset management firm Grayscale stated that financial privacy, cybersecurity development, and cross-chain connectivity capabilities could drive Zcash to further expand its market share.

As of August 29, Bitcoin's market cap stood at $1.56 trillion, while Zcash's market cap was $13.74 billion—approximately 0.88% of Bitcoin's, with Bitcoin's market cap being roughly 114 times larger. Grayscale estimates that if ZEC were to reach 2%, 5%, and 10% of Bitcoin's market cap, the corresponding prices would be $1,622, $4,054, and $8,109, respectively. These scenarios are not price predictions.

On August 25, Grayscale's Zcash ETF began trading on NYSE Arca under the ticker ZCSH, moving from OTCQX to NYSE Arca, providing investors with exposure to spot ZEC without needing to directly purchase tokens or manage wallets and private keys.

Zcash utilizes a proof-of-work consensus mechanism with a fixed supply of 21 million coins, and supports the concealment of transaction details through zero-knowledge proofs. Its intents technology can coordinate cross-chain transactions based on user goals, such as converting other digital assets into ZEC. (Bitcoin.com News)

Odaily News: In Solana's first binding on-chain governance vote, SGP-0002, a proposal aimed at accelerating the downward adjustment of SOL inflation, passed with 67% support. The proposal, driven by infrastructure provider Helius, plans to increase Solana's annual inflation reduction rate from 15% to 30%, accelerating the network's path to a terminal inflation rate of 1.5% and reducing the scale of new SOL issuance in the medium to long term. Ahead of the voting deadline, the proposal's support rate had not yet reached the two-thirds quorum threshold. In the final stages, Helius CEO Mert Mumtaz reached out to major validators and institutions, with Kraken's validator node Kraken2 switching its stance from opposition to support as the deadline approached. Ultimately, the proposal received 67% support, 25% opposition, and 7.84% abstentions, with a staking participation rate of 60.7%, meeting the quorum requirements. Mert Mumtaz stated that after hundreds of communications, the proposal secured key votes in the final stage and passed.

Odaily News: The Independent Community Bankers of America (ICBA), representing approximately 5,000 community banks across the U.S., is opposing the Digital Asset Market Clarity Act (CLARITY Act). ICBA President and CEO Rebeca Romero Rainey stated that the "loophole" related to stablecoin rewards must be completely closed, and there is no room for compromise.

According to ICBA, stablecoins could cause $1.3 trillion in deposits to leave the banking system and reduce local lending by $850 billion. The association has prompted Republican Senators Josh Hawley and Jerry Moran to oppose the current version of the bill.

Rebeca Romero Rainey stated that there is no indication cryptocurrency would replace these deposits and reinvest them in local communities. She also criticized the White House Council of Economic Advisers (CEA) report, "The Impact of a Stablecoin Yield Ban on Bank Lending," for downplaying banks' concerns about deposit outflows.

The Senate is scheduled to vote on the CLARITY Act on September 15; if it fails to secure support from at least 60 senators, the bill will not proceed to further consideration and may stall in the foreseeable future. (Bitcoin.com News)