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.

Odaily News: In the 7 days ending August 20, Circle issued approximately 7.5 billion USDC and redeemed approximately 6.7 billion USDC, resulting in a net increase of about 800 million USDC in circulation. Total USDC circulation stands at 72.7 billion, with reserves of approximately $72.9 billion, including about $48.1 billion in overnight reverse repurchase agreements, approximately $12.7 billion in U.S. Treasuries with maturities under 3 months, about $11.4 billion in deposits at systemically important institutions, and roughly $700 million in other bank deposits.

According to Odaily Meme Express monitoring, YOMOGI is trending in community discussions on BSC, with GMGN showing a current market cap of $410,000.

On August 23, Eno posted that they discovered the new cat adopted by "Kabosu Mama," the owner of Kabosu, the Shiba Inu that inspired Doge, is named Yomogi, noting that the information came from an early leaked publication.

Some community members are discussing, "Let's make the Doge mom's story happen on BSC this time."

"Meme Express" is curated by Odaily's proprietary AI model, selecting potential trending assets from community discussions. Content is compiled based on public information and does not constitute investment advice. Please exercise your own judgment and be aware of the high volatility risk of Meme coins.

Monitoring shows that in the predict.fun “DOTA 2 Team Yandex vs. Team Spirit” prediction event, the probability of Spirit defeating Yandex is currently reported at 83%.

This morning, the TI 2026 lower bracket final featured Team Yandex against Team Spirit. The match is a BO3 format, and the first game has concluded with Team Spirit emerging victorious.

In the elimination stage, Yandex successively defeated Liquid and NGX to advance to the upper bracket final, then fell to the lower bracket after a 1:2 loss to TEAM VISION. Spirit, meanwhile, dropped to the lower bracket after a 1:2 defeat to TEAM VISION in the upper bracket semifinal, and then fought their way back by defeating Liquid and BoomBoys 2:0 in succession.

Odaily News, according to GMGN data, the price of Meme coin CATE plunged over 40% in a short period, with its market cap falling to a low of approximately $40 million, and is now reporting around $50 million.

Odaily reminds: Meme coin prices are highly volatile and may experience significant fluctuations in a short period. Please be aware of liquidity risks and position risks.

According to Odaily Meme Flash monitoring, YOMOGI is trending in the Solana community, with GMGN showing a current market cap of $1.41 million.

Eno posted on August 23 that he discovered the name of the newly adopted cat by "Kabosu Mama," the owner of Doge's prototype Shiba Inu Kabosu, is Yomogi.

"Meme Flash" is curated by Odaily's exclusive AI model to screen trending potential tokens from community discussions. The content is compiled based on public information and does not constitute investment advice. Please exercise your own judgment and be aware of the high volatility risks of Meme coins.

Odaily News: The Financial Supervisory Service of South Korea today submitted data to the National Assembly's Political Affairs Committee, disclosing that as of the end of July, a total of 6,590 corporate accounts were registered across the five major virtual asset exchanges in South Korea. Bithumb recorded the highest number of corporate accounts at 3,280; Upbit operator Dunamu held 2,086 accounts under its name. Together, the corporate accounts of these two exchanges totaled 5,366, representing 81.4% of the overall count. Additionally, Korbit had 620 accounts, Coinone 539, and Gopax 65.

Odaily Planet Daily News: Sandeep Nailwal posted on X, stating that the team is working on a proposal to reform staking and tokenomics. The proposal includes: introducing a native staking mechanism similar to an L1 on Polygon PoS; allocating the full priority fee from each transaction to POL stakers; increasing staking rewards to nearly double the current level, with funds sourced entirely from real network fees rather than inflation; providing additional benefits to POL stakers, potentially including gas fee discounts; and expanding the sPOL locking scale to maintain liquidity and support its use in DeFi. Sandeep Nailwal stated that Polygon Labs will write the relevant code and submit it to the community forum for approval.

Odaily News According to official sources, Predict.fun's Dota 2 prediction event, The Predict International, has launched markets for the lower bracket final.

As the tournament enters its final stage, the platform will open more prediction markets for the grand finals, with higher overall AP rewards available per market.

Given the short interval between the lower bracket final and the grand finals, users may have limited time to complete predictions and lock in shares after the grand finals markets go live. Those planning to participate in the final round of activities should keep a close eye on the event page.

The Predict International event offers total rewards of 100,000 USDT and 5,000,000 Predict Points.

Odaily News According to Onchain Lens monitoring, as HYPE pulls back from its all-time high, LORACLE has recovered approximately $3 million, and its HYPE short position is currently at a loss of around $16 million.

Odaily News: According to Onchain Lens monitoring, Wintermute transferred 129,500 SOL to Binance, worth approximately $12.42 million, along with 169.5 BTC worth approximately $13.11 million, likely for sale. Additionally, 407.47 BTC was transferred through an intermediate wallet before being moved to Coinbase, valued at approximately $31.36 million.

Odaily News: According to Onchain Lens monitoring, a whale opened long positions on Hyperliquid 47 days ago—1,000 BTC and 10,000 ETH—garnering profits of $14.8 million and $6.58 million, respectively. These positions are currently valued at approximately $101 million in total.

Odaily News: According to on-chain analyst Yu Jin's monitoring, an address associated with Wang Chun, co-founder of Fish Pool (0x268...7643), transferred 12,800 ETH (worth $28.73 million) to Binance, and subsequently withdrew $87.68 million in USDC to repay its debt on Spark. Currently, the address still holds 65,000 ETH (worth $159 million) and 1,000 WBTC (worth $77.18 million).

Odaily News - The Kobeissi Letter posted on X stating that the Nasdaq 100 ETF (QQQ) has recorded net inflows of $10.9 billion so far in August, more than double the $4.9 billion seen in all of July and surpassing the monthly record of $9.2 billion set in March 2022, potentially marking the highest monthly net inflow in history.

Meanwhile, the Semiconductor ETF (SMH) has seen net outflows of $2.8 billion so far in August, potentially on track for the largest monthly outflow on record; the Software ETF (IGV) recorded approximately $610 million in net outflows over the same period, potentially marking a third consecutive month of net outflows. Capital is rotating from the semiconductor and software sectors into broader tech stocks.