Odaily News, according to Hyperbot data, due to the brief market decline in the crypto space, Machine Brother's 40x leveraged Bitcoin long positions have been fully closed. Meanwhile, he is increasing positions in HYPE and Ethereum longs, with overall position value shrinking to $84 million. The current return on investment has dropped to 7.32%. His position status is as follows:

1. Holds 27,300 ETH in 25x leveraged Ethereum long positions, with floating profit of approximately $550,000;

2. Holds 250,000 HYPE in 10x leveraged HYPE long positions, with floating loss of $29.5.

Odaily News: The Bank Policy Institute (BPI), an organization representing major banks including JPMorgan, Bank of America, Wells Fargo, and Citi, has proposed that the U.S. Treasury's Financial Crimes Enforcement Network (FinCEN) expand Customer Identification Program (CIP) requirements to stablecoin secondary markets, covering exchanges and other platforms that establish direct account relationships with retail customers.

BPI stated that relevant exchanges and platforms handle a substantial volume of purchasing and selling activity within the payment stablecoin ecosystem, and that the majority of stablecoin-related illicit activity occurs in this space. Should the proposal be incorporated into the rules, affected platforms would be required to collect customer information under the Bank Secrecy Act, and decentralized exchanges could also fall within the regulatory scope.

FinCEN's proposed rule notes that secondary market transactions of stablecoins on the blockchain typically involve anonymous or pseudonymous identities, with no centralized node collecting identity information, and that issuers have limited ability to gather customer data from secondary markets. BPI has also joined other banking organizations in opposing the current version of the Digital Asset Market Clarity Act. (Bitcoin.com News)

Odaily News According to on-chain analyst Ai Yi's monitoring, as BTC fell below $76,000, the BTC short position held by the "Set 10 Big Goals First" trader has turned profitable again. Currently, they hold 1,830.724 BTC short positions, with a position value of approximately $139 million and an average opening price of $76,397.56, yielding floating profits of about $800,000.

Additionally, they also hold 12,756.739 ETH short positions, with a position value of approximately $30.25 million and an average opening price of $2,371.57. At present, this position is facing floating losses of around $30,000.

Odaily News: According to CoinGlass data, the total amount of liquidations across the network in the past 4 hours reached $114 million, mainly hitting long positions, with longs liquidated at $105 million and shorts at $8.2526 million.

Additionally, ETH liquidations amounted to approximately $34.9795 million; BTC liquidations were around $26.4904 million.

Odaily News: As the South Korean stock market rallied sharply in Q2 and the KOSPI broke through the 9000-point mark for the first time, six foreign securities firms—Morgan Stanley, Goldman Sachs, Merrill Lynch, UBS, Morgan Stanley, and Citigroup Global Markets—posted a combined net profit of 630.5 billion KRW (approximately $455 million) in South Korea during the second quarter, up 213.8% year-over-year and 133.3% quarter-over-quarter.

Among them, Morgan Stanley led with a net profit of 204.5 billion KRW (approximately $148 million), with only 87 employees in South Korea as of the end of June; Goldman Sachs reported a Q2 net profit of 137.1 billion KRW (approximately $98.9 million). During the same period, foreign investors' trading volume in South Korea's securities market reached 1,851.9 trillion KRW (approximately $1.34 trillion), up 312% year-over-year, and the significant surge in trading activity is considered one of the main factors driving the performance growth of foreign securities firms. (Econovill)

Odaily News: In March 2022, Sylwester Suszek, the founder of Polish crypto exchange Zondacrypto, formerly known as BitBay, went missing. Prior to his disappearance, Suszek had left a voice message expressing despair to his sister, and his family suspects he may have been killed. Przemyslaw Kral, the lawyer who took over management of the company after Suszek, has also been unreachable for four months. Kral had previously released a video reassuring clients that the company held over $330 million worth of Bitcoin, but the only person holding the unlock keys was the missing Suszek. The exchange's website was shut down around April, and approximately two months later, Estonia's Financial Intelligence Unit revoked the license of its parent company on June 29.

Odaily News: After Samsung Electronics and SK Hynix announced shareholder return plans aimed at allocating more than 50% of free cash flow (FCF) to shareholder returns, SanDisk and Micron have proposed returning 100% of "excess cash" to shareholders, raising questions about the relatively low level of shareholder returns among South Korean semiconductor companies. However, industry and financial institutions in South Korea point out that the cash metrics underlying the two types of policies are not defined the same way, making it unfair to directly compare the "50%" and "100%" ratios. Industry insiders believe that the FCF-based return policies of Korean companies actually offer greater certainty in terms of amount forecasting, implementation standards, and transparency.

It is understood that FCF typically refers to the cash remaining after deducting capital expenditures (CAPEX) and other investment outlays from cash generated by operating activities, and can be objectively calculated using data from cash flow statements. Samsung Electronics previously announced that 50% of its cumulative FCF from 2024 to 2026 would be allocated to shareholder returns; SK Hynix also plans to allocate more than 50% of cumulative FCF to shareholder returns over the 2025–2027 period. (Yonhap)

Odaily Planet Daily News: Alibaba (09988.HK) announced its intention to conduct a new share placement in Hong Kong, with a total placement amount of HKD 80 billion. (Jin 10)

Odaily News According to Hyperbot data, Machibig Daddy (Jeffrey Huang)'s 40x leveraged BTC long position on Hyperliquid has seen its floating loss widen further to approximately $1.1415 million. The current position holds 1,245 BTC, valued at around $95.52 million, with an average entry price of $77,637.8.

Additionally, his 10x leveraged HYPE long position is facing a floating loss of approximately $551,300, while his 25x leveraged ETH long position still maintains a floating profit of around $751,300. In total, the three major long positions are facing a combined floating loss of approximately $941,500.

Odaily News: According to Barchart data, demand for gold GLD call options has reached its highest level in six months.

Odaily News: The latest financial disclosure from Michigan Democratic Congresswoman Rashida Tlaib shows that her retirement accounts hold Bitcoin and Ethereum-related ETFs, including up to $15,000 in the Grayscale Ethereum Staking Mini ETF, as well as up to $15,000 in the iShares Bitcoin ETF.

Tlaib previously voted against the CLARITY Act, which supports cryptocurrency market structure legislation, and supported a resolution aimed at prohibiting so-called "crypto corruption." In addition to crypto asset-related ETFs, Tlaib's investments also include European and Asian market funds, international bond funds, and funds used to hedge against dollar risk. Her assets are distributed across accounts such as traditional IRAs, Roth IRAs, and college savings accounts. (New York Post)

Odaily News ECX plans to launch in three phases. The Alpha phase will go live around Bitcoin block height 963,648, the Beta phase is expected on September 20 at block height 967,680, and the permanent mainnet is scheduled to launch on October 31 at block height 973,728. The project is driven by Paul Sztorc, founder and lead of Layertwo Labs, and developer of Drivechains and BIP-300/301.

ECX will replicate the transaction ledger of a designated Bitcoin snapshot and allocate ECX to the majority of Bitcoin holders on a 1:1 basis on the new network. Users who control their private keys via self-custody wallets at the time of the snapshot can directly claim the corresponding assets, while users on exchanges and other custodian platforms will need to wait for those platforms to decide whether to support the fork and ECX distribution. Original BTC will not be exchanged, locked, or transferred.

ECX plans to initially launch seven dedicated sidechains: Thunder, Zside, Bitnames, Bitassets, Photon, Truthcoin, and Coinshift. Of the approximately 1.1 million early Bitcoin associated with addresses linked to Satoshi Nakamoto, around 600,000 ECX will continue to be allocated to these addresses, while approximately 500,000 ECX will be transferred via special transactions as funding for early investors and development, without affecting BTC on the Bitcoin network. (Bitcoin.com News)

Odaily News: According to reports, Nvidia is reaching a $6 billion deal with Poolside to develop open-weight AI models. Nvidia is preparing to challenge DeepSeek, Kimi K3, OpenAI, and Anthropic.

Open-weight models could bring lower-cost AI, greater customization capabilities, and stronger enterprise control. The expanding scope of AI applications will drive demand for Nvidia's chips, networking equipment, and software. Regardless of which AI company takes the lead, Nvidia is seeking to profit from it. (Coin Bureau)

Odaily Planet Daily News The Coinbase Bitcoin Premium Index has remained in negative territory for 97 consecutive days from May 19 to August 23, with the latest reading at -0.0266%, setting a new record for the longest consecutive negative premium streak since the index's launch. The previous record was 40 consecutive days from January 16 to February 24 this year, also surpassing the roughly 30-day negative premium stretch during last year's "1011 crash" period.

The index measures the Bitcoin price spread between Coinbase Pro and Binance. A persistently negative reading typically indicates relatively lower quotes on Coinbase, which may reflect weak buying interest or heavy selling pressure in the U.S. market. However, it should not be used as the sole indicator to conclude that institutional capital is flowing out.