Vitalik: Low-risk DeFi is to Ethereum what search is to Google. Yesterday, Vitalik wrote that as of this year, Ethereum has become what search is to Google: low-risk DeFi. Its goal is to democratize global payment and savings channels across valuable asset classes (such as major currencies, stocks, and bonds with competitive interest rates). The analogy between low-risk DeFi and search for Ethereum is as follows: Google has done many interesting and valuable things for the world: the Chromium browser family, Pixel phones, their work in AI (including the open-source Gemini model), the Go language, and countless other projects. But in terms of revenue generation, these are almost negligible, and may even be a burden. The real biggest revenue generators are search and advertising. Low-risk DeFi can play a similar role for Ethereum. Other applications (including non-financial and more experimental ones) are crucial to Ethereum's role in the world and its culture, but they don't have to be a source of revenue. In fact, I hope Ethereum can do better than Google. Google is often criticized for losing its way, becoming the antisocial, profit-focused company it was trying to replace. Ethereum, on the other hand, has decentralization naturally embedded at a deeper technical and social level. I believe that low-risk DeFi use cases create a high degree of alignment between "doing well" (success) and "doing good" (goodwill), an alignment that doesn't exist in the advertising model.
Binance Alpha airdrop yesterday at 4:00 PM
Binance Alpha airdrop yesterday at 4:00 PM
According to the official announcement, Binance Alpha airdrop yesterday at 4:00 PM: Phase 1 (first 18 hours): Users with at least 220 Binance Alpha Points can claim the airdrop. Phase 2 (final 6 hours): Users with at least 200 Alpha Points can participate in the airdrop on a first-come, first-served basis. If all rewards have not been distributed, the points threshold will automatically decrease by 15 points every hour.
Market
As of press time, according to Coingecko data:
BTC price is $115,311, up or down -0.3% in the past 24 hours;
ETH price is $4,455.28, up or down -0.6% in the past 24 hours;
BNB price is $1,047.46, up or down +0.6% in the past 24 hours;
-1.1%;
DOGE price is 0.2614 US dollars, with a 24-hour increase or decrease of -2.1%;
XRP price is 2.98 US dollars, with a 24-hour increase or decrease of +0.1%;
TRX price is 0.3427 US dollars, with a 24-hour increase or decrease of -1.2%;
▌Trump nominates former lawyer as district attorney, pressuring attorney general to investigate political opponents
US President Trump said on Saturday local time that he had appointed his former lawyer Lindsey Halligan as federal prosecutor for the Eastern District of Virginia. This came after Trump pressured the attorney general to more actively hold political opponents accountable. "Pam Bondi has done a great job as U.S. Attorney General. She is very cautious, very smart, and loves our country, but it takes a tough prosecutor in the Eastern District of Virginia, like Lindsey Halligan, whom I recommended, to move the work forward," Trump announced his decision in a post on Truth Social.
Blockchain Applications
▌CZ Discusses Slowing Follower Growth on X Platform, Questioning the Bull Market Effect
Binance founder CZ posted on X Platform that his follower count rapidly grew from 9 million to 10 million during the bear market, but then stagnated even during the subsequent bull market. He quipped that this might be related to the X Platform's mechanisms, or that he himself was "too much of a KOL," and speculated that perhaps the true bull market has yet to arrive. According to data disclosed by Token Terminal on the X platform, BNB Chain has generated US$357.3 million in fee revenue in the third quarter of this year, setting a record high since the first quarter of 2023. The platforms with the largest contributions include: PancakeSwap, Venus, Uniswap, Solv Protocol, Aave, APX, Thena, Euler, DODO and LayerZero. According to Cointelegraph data, cryptocurrency trading volume in the Asia-Pacific region jumped from $1.4 trillion to $2.36 trillion in 12 months. The Asia-Pacific region led global growth with a 69% increase, followed by Latin America and Sub-Saharan Africa. Europe and the Middle East and North Africa were the only two regions to experience a decline in 2025. Arthur Hayes: If the U.S. Treasury's TGA account reaches $850 billion, the crypto market will enter a "growth-only" mode. BitMEX co-founder Arthur Hayes said that once the U.S. Treasury reaches its goal of injecting $850 billion into the TGA (Treasury General Account), the crypto market will enter a "growth-only" mode. "With the end of the liquidity dry up, the 'growth-only' trend will reappear," Hayes wrote as the U.S. TGA's opening balance exceeded $807 billion. When the Treasury fills its general account, the funds are typically segregated and do not flow into private markets. However, not all analysts believe Hayes' prediction that liquidity will flow into financial markets once the U.S. Treasury reaches its target. André Dragosch, head of European research at investment firm Bitwise, responded: "However, the correlation between net liquidity and Bitcoin and cryptocurrencies is only loose at best. In my opinion, it is completely useless."
▌Michael Saylor releases Bitcoin Tracker information again
Michael Saylor released Bitcoin Tracker information again on the X platform. Based on previous experience, Strategy companies usually disclose Bitcoin holdings data the day after he released Bitcoin Tracker information.
▌Tether CEO: Toyota, BYD, and Yamaha accept USDT payments in Bolivia
Paolo Ardoino, CEO of stablecoin issuer Tether, posted on the X platform, "Toyota, BYD, and Yamaha accept USDT payments in Bolivia. "Your vehicle, settled in digital dollars." USDT has become the digital dollar for hundreds of millions of people in emerging markets. It's everywhere."
▌Arthur Hayes suspected of selling 96,600 HYPEs worth $5.1 million
On-chain data shows that Arthur Hayes suspected of selling 96,600 HYPEs worth $5.1 million 2 hours ago. Just three weeks ago, he predicted that the price of HYPE could increase 126 times in the next few years. According to Lookonchain monitoring, a whale (suspected to be TechnoRevenant) liquidated all 2.39 million HYPE tokens (worth $122 million) four hours ago and may be selling them for cash at any time. On-chain data shows that these $HYPE tokens were purchased nine months ago from the main wallet address 0x316f...e678, tagged @Techno_Revenant. The holding cost was approximately $12, and the current unrealized profit has exceeded $90 million.
▌Four unknown addresses transferred a total of 3.27 million SOL to Binance
According to Whale Alert monitoring, about 15 minutes ago, four unknown addresses transferred a total of 3,272,703 SOL to Binance, worth approximately US$781,368,660.
▌50.1 million ASTER were transferred from Aster to 10 newly created addresses in the past hour
According to on-chain analyst Ember's monitoring, 50.1 million ASTER (US$80.16 million) were withdrawn from Aster to 10 newly created wallets in the past hour, with approximately 5 million ASTER per address. These 10 addresses belong to the same person/entity: the gas in these addresses was first withdrawn to the Tron chain via ChangeNOW, then converted to BNB via cross-chain exchange and transferred to the BSC chain address that received ASTER. This large amount of ASTER was withdrawn to new addresses, and the source of the gas was also protected from tracing. Binance Alpha will launch 0G on September 23rd. Binance Alpha will become the first platform to list the 0G token on September 23rd. Eligible users can claim the airdrop using Binance Alpha Points on the Alpha Events page after trading begins. More details will be announced later.
Important Economic Dynamics
▌Trump: If Russia continues to escalate the conflict, the United States will assist in defending Poland
US President Trump: If Russia continues to escalate the conflict, the United States will assist in defending Poland.
▌The probability of the Federal Reserve raising interest rates by 25 basis points in October is 91.9%
According to CME's "Federal Reserve Watch" data, the probability of the Federal Reserve raising interest rates by 25 basis points in October is 91.9%.
Golden Encyclopedia
▌How to Research Cryptocurrencies with ChatGPT
Unlike traditional stocks, which are backed by financial reports and regulatory filings, crypto assets often lack standardized financial data. You need to sift through information like white papers, GitHub repositories, and community sentiment. Failure to conduct proper research can lead to investing in overhyped or even fraudulent projects. ChatGPT can simplify complex crypto projects by summarizing white papers, explaining use cases, and analyzing token economics. Before investing in any crypto token, it's crucial to research the team, partners, and security risks. Comparing a project with competitors can highlight its strengths and weaknesses, helping you make better decisions. ChatGPT can provide relevant research questions for both beginners and experienced investors, acting as a research guide. While ChatGPT is a powerful research assistant, it's important to understand its limitations: it doesn't have real-time data unless integrated with tools like web browsing or an API; it doesn't provide investment advice or guaranteed forecasts; and it may generate outdated or incorrect information (always verify the facts). But AI tools like ChatGPT now make it easier than ever to gather insights, organize information, and ask the right questions. It's crucial to use ChatGPT as a supplement to your research process, not a replacement for your critical thinking and due diligence.