Odaily News: Upbit will end trading support for Synthetix SNX at 14:00 on September 28, with the affected trading pair being SNX/BTC. Users must complete withdrawals by October 28, as related assets will not be processed after this deadline.
Odaily Planet Daily News: Capital B has issued approximately 36.22 million share warrants (ABSA) to global institutional investors at an issue price of €0.58 per share, raising approximately €21 million, with net proceeds of approximately €19.9 million after deducting related fees. Strategic investors include early Bitcoin developer Adam Back and asset management company TOBAM, with Maxim Group acting as the sole placement agent. Capital B is a French listed company focused on Bitcoin reserves, primarily advancing a Bitcoin treasury strategy. The funds from this round are planned to be used to purchase approximately 270 additional Bitcoins, and upon completion of the transaction, its Bitcoin holdings are expected to increase to approximately 3,415 BTC.
Odaily News: Market data shows that Hong Kong-listed large model concept stocks continue to decline, with Zhipu (02513.HK) extending losses to over 8% and MiniMax-W (00100.HK) falling more than 5%.
Odaily News: According to Gate data, spot gold jumped $18 in the short term, rising above $4,600, while spot silver surged over $1, reaching $70.1 per ounce.
Odaily News, Commonwealth Bank of Australia (CBA) FX strategist Samarra Hammoud stated that Federal Reserve Chair Warsh's speech at Jackson Hole will attempt to achieve four main objectives, including: restoring market confidence in the Fed's commitment to curbing inflation; alleviating market concerns about "fiscal dominance"; convincing the market that reducing reliance on forward guidance will not harm financial stability; and strengthening market confidence in the Fed's various working groups. These goals are quite ambitious, and the market should remain skeptical, believing that communication alone is insufficient to achieve them. Given Warsh's resistance to forward guidance, the market may perceive his stance on inflation as not hawkish enough. In this case, the US dollar could weaken. (Jin 10)
Odaily News: The Nikkei 225 index closed up 0.41% at 66,405.56 points; South Korea's KOSPI index closed down 1.79% at 6,788.79 points.
Odaily News: The National Pension Service (NPS) of South Korea reported a first-half return of 27.2%, marking its best performance for the period since at least 2022. Strong gains in the Korean stock market boosted the investment performance of one of the world's largest pension funds. NPS said on Friday that its assets under management stood at 1,866 trillion won ($1.35 trillion) as of the end of June. As South Korea's KOSPI index climbed to record highs, returns on its Korean stock investments reached 107.4%.
NPS Chairman Kim Sung-joo attributed the strong performance to "favorable trends in both domestic and international stock markets." Returns on NPS's overseas equity investments reached 17.8%, while overseas fixed income and alternative investments generated gains of 9.22% and 9.6%, respectively. Domestic Korean bonds, however, posted a loss of 3%. Its preliminary first-half investment return has already surpassed last year's record annual return of 18.8%. (Jin Shi)
Odaily reports: Brian Armstrong posted on X platform, stating that the newly launched US500 index perpetual contract has shown strong initial trading momentum. The index comprises the 500 largest companies in the United States and is tradable in the U.S.
Odaily News, Gate data shows that Euro Stoxx 50 index futures rose 0.28%, Germany's DAX index futures rose 0.3%, and the FTSE index futures rose 0.12%.
Odaily reported that blockchain gaming platform The Sandbox has announced it will compensate users who held bridged SAND on Base or BNB Smart Chain prior to the August 21 bridge vulnerability exploit at a 1:1 ratio. The compensation will be paid using Ethereum-based SAND from the project treasury, with no new tokens being minted.
The attack resulted in approximately 14.744 million SAND being stolen from the Ethereum treasury, valued at around $700,000. The claims process is expected to open within two weeks and will last for two weeks; two centralized exchanges holding over 72% of eligible balances will directly distribute compensation to affected customers.
The Sandbox stated that the attacker exploited a configuration vulnerability in SAND contracts on Base and BNB Chain, becoming the sole validator of bridge messages and minting unbacked tokens. Additionally, over 339 trillion unbacked SAND tokens were minted across the two networks, but these have been quarantined and cannot be bridged or exchanged. SAND on Ethereum and Polygon was unaffected, and the compromised bridge contracts will be permanently decommissioned. (Cointelegraph)
Odaily 报道:据 Lookonchain 监测,比特币矿企 Metaplanet (@Metaplanet) 已购入 43,000 枚比特币,总价值约 34.8 亿美元,平均买入价格为每枚 96,191 美元。一小时前,该公司再次向 Coinbase Prime 存入 1,350 枚比特币,价值约 1.08 亿美元。
1. Ethena Foundation optimizes ENA tokenomics, ENA surges over 15% in 24 hours;
2. 10.11 insider whale: Time to re-accumulate ETH in preparation for the upcoming consolidation and staking;
3. Yi Lihua: Bitcoin may see a short-term pullback, plans to close long positions near $86,000;
4. Grayscale CEO: Crypto winter is receding, the long-term trend of digital assets entering mainstream finance deserves more attention;
5. Aave V4 deposits hit a record high of $806 million, up 30% in 7 days;
6. Anthropic plans to allow existing shareholders to sell shares in its IPO;
7. A suspected a16z institution spent 36 million USDC over two days to buy 441,000 HYPE tokens, all of which were staked;
8. The bit-affiliated entity that previously profited over $55 million from long positions has opened another ETH long position worth approximately $14.98 million.
Odaily News: According to official data from Pons, over 63% of Launchpad trading volume on Robinhood Chain yesterday was completed through the Pons platform.
Odaily News: On Polymarket, the probability of Moonshot ranking second on Arena.ai by the end of August is currently 91%, up 72% in 24 hours. The probability of Z.ai ranking second on Arena.ai is currently 5%, down 70% in 24 hours.
Checkout Arena.ai's Text Arena Overall leaderboard at 00:00 Beijing time on September 1 (12:00 ET on August 31), turn off Style Control, and sort by Labs.
Only AI companies primarily belonging to China's tech ecosystem are counted, such as Alibaba, Moonshot AI, Baidu, Zhipu AI, Xiaomi, DeepSeek, ByteDance, MiniMax, Meituan, Tencent, StepFun, and others.
The company with the second-highest Lab Rank among these Chinese AI companies will be the settlement result for this market. If Lab Rank cannot clearly determine the result, compare the highest-ranked model from each company; in case of a tie, compare Arena Score, and if still tied, decide alphabetically by company name.
Odaily News: Zach Pandl stated on the X platform that Bitcoin's 90-day correlation with the Nasdaq 100 Index has dropped from over 60% to approximately 33%, while its correlation with gold has risen from near zero at the beginning of the year to over 50%, reflecting that investors are refocusing on Bitcoin's scarcity and store-of-value functions. Zach Pandl noted that the "currency debasement trade" is making a comeback—buying scarce assets to hedge against fiat currency depreciation. U.S. federal debt has now surpassed $40 trillion, with long-end Treasury yields rising markedly, prompting investors to seek assets that hedge against deteriorating fiscal and monetary fundamentals. Grayscale believes that Bitcoin, born in the aftermath of the 2008 financial crisis, features no central issuer and a fixed supply cap, positioning it alongside gold as a scarce and liquid alternative asset that may be entering a more favorable market environment.
Odaily reported that Yi Lihua, founder of Liquid Capital, stated that Bitcoin has yet to break through the resistance level near $81,000. He expects a minor pullback in the coming days, followed by continued upside that breaks through this zone, with the next key resistance level around $86,000.
Yi Lihua said he plans to close his long positions when Bitcoin approaches $86,000, as the market may then face a relatively significant correction. However, he still believes the bull market trend has arrived, and even if he turns short-term bearish, he would only close long positions rather than establish short positions.


