- Popular CEX Cryptocurrencies
Top 10 CEX Trading Volume and 24-Hour Price Change:
- BTC: +1.82%
- ETH: -0.21%
- SOL: +5.04%
- XRP: +2.44%
- BNB: +0.27%
- WLFI: -10.32%
- DOGE: +1.25%
- ADA: +3.21%
- LINK: +3.38%
- SUI: +2.85%
24-Hour Price Increase Ranking (Data Source: OKX):
- MERL: +35.86%
- AERGO: +13.51%
- PUMP: +11.65%
- MKR: +9.31%
- CFG: +8.71%
- ZBCN: +8.7%
- ONDO: +7.79%
- PENGU: +7.69%
- LRC: +7.37%
- WIF: +7.32%
- Top 5 On-Chain Meme Tokens (Data Source: GMGN):
- SRPEPE
- RYS
- AOA
- GOLD
- GROKAN
- 24-Hour Trending Cryptocurrencies
BGB: Bitget announced an exclusive strategic partnership with the consumer-grade public chain Morph, and its platform token BGB will be upgraded to a Gas token and governance token of the Morph ecosystem. All BGB tokens governed by the Bitget team will be transferred to the Morph Foundation, totaling 440 million, of which 220 million will be burned in one go, and the remaining 220 million will be locked and released at a rate of 2% per month.
Headlines
Yunfeng Financial announced that its board of directors has approved the purchase of ETH as a reserve asset in the open market. As of the announcement date, the group has cumulatively purchased 10,000 ETH in the open market, with a total investment cost (including fees and expenses) of $44 million. The funds for this purchase come from the group's internal cash reserves, and the purchased ETH is listed as investment assets in the group's financial statements. (Jin Shi)
According to public data, Alibaba founder Jack Ma indirectly holds about 11.15% of Yunfeng Financial through Yunfeng Fund, holding 29.85% in Yunfeng Financial Holdings Limited and 40% in Shanghai Yunfeng Innovation (without voting rights).
Trump appears at the White House as scheduled, dispelling rumors of being critically ill
According to CNBC's live broadcast, Trump appeared on screen 49 minutes after the scheduled time, dispelling rumors of being critically ill.
US SEC and CFTC Joint Statement: Registered Exchanges Can Offer Some Spot Cryptocurrency Trading
The U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) jointly issued a statement clarifying that exchanges registered with the two agencies are not prohibited from offering trading in certain spot cryptocurrency products. SEC Chairman Paul Atkins stated that market participants should have the freedom to choose trading venues. CFTC Acting Chair Caroline Pham noted that the government had previously sent the wrong signals regarding digital asset regulation, giving the impression that "innovation is unwelcome," but that phase has now ended. This statement is seen as an important step towards coordinated regulation and expanding market choices under the "crypto project" and "crypto sprint" initiatives by the SEC and CFTC.
Industry News
Trump: If tariff ruling is unfavorable, I will have to refund trillions
U.S. President Trump: If the appeal of the tariffs is rejected, I will have to withdraw the tariffs. If the tariff ruling is unfavorable to us, we will have to refund trillions. The tariff ruling has no legal basis. If the tariffs are lifted, we may ultimately become a third-world country.
Nearly 600 economists sign open letter supporting Fed Governor Cook
After former U.S. President Donald Trump attempted to fire Federal Reserve Governor Lisa Cook on suspicion of mortgage fraud, prominent economists expressed their support for Cook. Nearly 600 economists signed an open letter supporting Cook, stating that the threshold for removing a Federal Reserve governor is extremely high, and elected officials should avoid actions or statements that could undermine the independence of the central bank.
Project News
BGB upgraded to Morph public chain token, 220 million tokens to be burned in one go
Bitget announced an exclusive strategic partnership with the consumer-grade public chain Morph to accelerate the on-chain application and ecosystem expansion of BGB. BGB will be upgraded to a Gas token and governance token of the Morph ecosystem. It will also continue to play a role in the ecosystem of exchanges and wallets, including participating in Launchpool and fee discounts.
According to this cooperation, all BGB tokens governed by the Bitget team will be transferred to the Morph Foundation, totaling 440 million, of which 220 million will be burned in one go, and the remaining 220 million will be locked and released at a rate of 2% per month for liquidity incentives, usage scenario expansion, education, and outreach. Additionally, the Morph Foundation will update the BGB burn mechanism and link it to the activity on the Morph chain until the total supply of BGB decreases to 100 million.
Michael Saylor: Strategy's Bitcoin yield reaches 25.7% so far this year
After disclosing the acquisition of 4,048 BTC, Strategy Executive Chairman Michael Saylor stated on the X platform that the company's Bitcoin yield so far this year is 25.7%, with a total Bitcoin holding of 636,505 as of September 1, with an average purchase price of $73,765.
BONK.fun to integrate streaming platform Kick and open live streaming features
BONK.fun announced on the X platform that it will natively integrate the streaming platform Kick, allowing creators to live stream on Kick and display their live content on the BONK.fun user interface, while also being able to live stream on mainstream platforms.
Investment and Financing
Kite AI completes $33 million financing, led by PayPal and General Catalyst
According to Fortune magazine, AI blockchain startup Kite announced the completion of a total of $33 million in financing, with the latest Series A round amounting to $18 million, led by PayPal and General Catalyst, with participation from 8 VCs, including Samsung Next, SBI US Gateway Fund, Vertex Ventures, Hashed, HashKey Capital, Dispersion Capital, Alumni Ventures, Avalanche Foundation, GSR Markets, LayerZero, Animoca Brands, Essence VC, and Alchemy.
Cleancore Solutions plans to raise $175 million to support DOGE treasury strategy
New York Stock Exchange-listed Cleancore Solutions announced that it has reached a securities purchase agreement to raise $175 million through a private equity investment (PIPE) to support its DOGE treasury strategy. This transaction reportedly involves over 80 institutions and cryptocurrency-native investors, including MOZAYYX, Pantera, GSR, FalconX, Borderless, Mythos, and Serrur & Co. LLC. The issuance is expected to be completed around September 4, 2025, but is subject to customary closing conditions, including but not limited to approval from the New York Stock Exchange.
Tron Inc. receives $110 million investment to expand TRX token treasury
NASDAQ-listed Tron Inc. announced that it has received a $110 million investment to expand its TRON (TRX) token treasury, which has now increased to over $220 million in value. This investment comes from its largest shareholder Bravemorning Limited exercising warrants, adding 312,500,100 TRX tokens to Tron Inc.
Stablecoin project Reflect Money completes $3.75 million seed round financing, led by a16z CSX
Stablecoin project Reflect Money announced the completion of a $3.75 million seed round financing, led by a16z crypto's CSX accelerator, with participation from Solana Ventures, Equilibrium, BigBrain Holdings, and Colosseum.
Security Incident
A user on Venus Protocol lost approximately $27 million due to a phishing scam,Venus helped successfully recover
According to monitoring by PeckShieldAlert, a user on Venus Protocol lost approximately $27 million due to a phishing scam. The user approved a malicious transaction that granted token transfer permissions to the attacker's address (0x7fd8…202a). Previously, security agencies disclosed that the attack on Venus Protocol might have been false information.
According to the official announcement, as of 5:58 AM Beijing time today, Venus Protocol has fully recovered, and the withdrawal and liquidation functions have been restarted. The official stated that the approximately $27 million in lost funds due to a user on the BNB Chain mistakenly granting malicious transaction permissions has been successfully recovered under the protection of the protocol.
Voices
CZ: The publicly listed company BNC currently holds the largest BNB reserves in the world
Binance co-founder CZ stated on the X platform that the adoption of BNB is rapidly expanding, and the NASDAQ-listed company BNC (BNB Network Company, formerly known as CEA Industries Inc.) currently holds the largest BNB reserves in the world with the support and investment from YZi Labs.
Previously, BNB Network Company disclosed that its total BNB holdings have reached 388,888 tokens.
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