According to Onchain Lens, multiple whales are accumulating HYPE on HyperLiquid. The giant whale qianbaidu.eth deposited $2.05 million in HYPE, bringing its total holdings to 213,636 HYPE tokens, purchased at an average price of $46.85, for a total value of $10 million. Additionally, whale 0x746 deposited 2 million USDC into Hyperliquid, purchasing 42,449 HYPE tokens at $47.35.

According to official news, Kinto lost 577 ETH in July due to a CPIMP proxy vulnerability in its K token on Arbitrum. This led to increased funding and debt pressures, and the team has not received any compensation since July. The project has now been shut down. All remaining assets (approximately $800,000 USD) will be used to repay Phoenix lenders, with an estimated 76% principal recovery. The founder will personally donate $55,000 USD, and victims will receive up to $1,100 USD per address and can participate in future fund recovery through the CVR protocol. The Kinto wallet and asset withdrawals will be available until September 30th, and the ERA airdrop is scheduled to be distributed on October 15th.

Market data shows that Somnia (SOMI) broke through $1.9 this morning and is now trading at $1.67, with its 24-hour increase expanding to 60.2%. Its current market value is $265 million.

US Treasury bulls will face a dual test this week from inflation and non-farm payroll revisions. With 2-year and 10-year Treasury yields closing at their lowest levels since early April last week, traders are fully pricing in a 25 basis point rate cut by the Federal Reserve in September and anticipating further cuts before the end of the year. This week's focus begins on Tuesday, when the Bureau of Labor Statistics will release its preliminary benchmark revision for the 2025 non-farm payroll survey. Whether the market can extend this month's gains will depend in part on the tone of the PPI and CPI data, to be released on Wednesday and Thursday, respectively. Traders will also be watching how the market absorbs the 3-year, 10-year, and 30-year Treasury auctions. Leslie Falconio, head of fixed income strategy at UBS, said, "The pace of rate cuts this year will be slow and measured, and the data-dependent narrative will continue. A 50 basis point cut in September is highly unlikely. Even if inflation data falls short of market expectations, we wouldn't expect such an aggressive move."

OKX market data shows that BTC has fallen below 111,000 USDT, currently trading at 110,987.3 USDT, a 24-hour drop of 0.71%. (This newsletter was generated with AI assistance.)

According to the market data on Hyperliquid's official website, perhaps affected by the news of the upcoming issuance of the USDH stablecoin, the price of HYPE once again broke through US$50, with a 24-hour increase of 6.46%.

According to OnchainLens monitoring, a whale continues to increase its holdings of HYPE. It has currently deposited a total of 10.56 million USDC and purchased 217,689 HYPE at an average price of US$48.5. There are still signs of further increases.

Hong Kong Financial Secretary Paul Chan stated that the Hong Kong government has positioned Hong Kong as a regional hub for green fintech. Last year, Hong Kong issued approximately US$43 billion in green and sustainable bonds. The Green and Sustainable Fintech Proof-of-Concept Testing Funding Scheme has approved 60 projects. Paul Chan also noted that the government will consider collaborating with other central banks to explore the use of blockchain technology to enhance the transparency and efficiency of carbon credit trading. (RTHK)

According to an official announcement, Binance will launch the WLFIUSDC perpetual contract at 8:30 AM (UTC) on September 8, 2025, with up to 75x leverage. The contract will be settled in USDT and support a multi-asset margin model. (This newsletter was generated with AI assistance)

According to CoinGecko data, Uniswap reclaimed the top spot among centralized exchanges (DEXs) in August 2025 with a monthly trading volume of $111.8 billion, accounting for 35.9% of the market share, a 28.3% increase from July. PancakeSwap fell to second place, with $92 billion in trading volume and a 29.5% market share in August, a sharp drop of -44.7% month-over-month. The platform previously benefited from Binance Alpha 2.0 incentives, reaching a peak of $254.8 billion in June, briefly surpassing Uniswap. Aerodrome on the Base Chain ranked third with $22.9 billion and a 7.4% market share, a 28% increase. Hyperliquid emerged as the biggest dark horse, with $21.4 billion in trading volume in August, a 129.3% surge month-over-month. Its market share rose to 6.9%, making it the fourth-largest DEX and surpassing platforms like Orca and Raydium on Solana for the first time.

Cryptocurrencies, once on the fringe, are now gradually integrating into the financial mainstream.

WLFI warned of possible price manipulation by large token holders and froze 272 wallets linked to suspicious activity. High-profile investors, including Justin Sun, were affected, prompting concerns over wallet security and compliance measures.

The people of Venezuela has officially abandoned their local currency, replacing it with Tether's USDt. This comes as Venezuela's economic crisis reached a new tipping point, as the country's annual inflation surges to 229%.

Bessant said that to ensure the stability of the U.S. economy, the Federal Reserve must re-establish its credibility as an independent institution and focus solely on its statutory mission of maximizing employment, stable prices and moderate long-term interest rates.

When financial security meets the speed of innovation, who will define the future of stablecoins?

Shein faced backlash after an AI-generated image of a murder suspect appeared on its website modelling a budget shirt. The company quickly removed the listing and said it would review the vendor responsible for the image.

While Bitcoin and Ethereum have soared to new price peaks this year, Dogecoin—the market’s leading meme coin—remains over 70% below its 2021 all-time high, with analysts questioning whether DOGE will ever recapture its former glory.

World Liberty Financial touts freedom and community rules, but its fine print centralizes power.

Stablecoin, treasury, US stocks, artificial intelligence, cryptocurrency, Silicon Valley study tour summary: Crypto, AI and the innovative secrets of Silicon Valley Golden Finance, although Silicon Valley is not big, it should be able to accommodate AI and crypto.

As U.S. Treasury Secretary Benson made a rare public call for interest rate control, Bank of America strategist Hartnett predicted that strong intervention similar to yield curve control is coming, which will completely change the asset landscape and create opportunities for gold, digital currencies and bonds.