Market data shows that UXLINK has fallen below 0.18 USDT and is currently trading at 0.1736 USDT, a 24-hour drop of 45.87%. Earlier news reported that Cyvers Alerts detected suspicious transactions involving approximately $11.3 million in UXLINK.

Cyvers Alerts posted on the X platform that it had detected suspicious transactions involving approximately $11.3 million in UXLINK. An Ethereum address executed a delegateCall, removed the administrator role, and called "addOwnerWithThreshold," transferring 4 million USDT, 500,000 USDC, 3.7 WBTC, and 25 ETH. All USDC/USDT was converted to DAI on the Ethereum network, while USDT was converted to ETH on Arbitrum and bridged to the Ethereum network. Another address received 10 million UXLINK (approximately $3 million) and currently holds approximately $2.2 million in unredeemed funds (a process still in progress).

Fed Governor Milan said that after the significant rate cuts, I expect further rate cuts in 2026 and 2027. (Jinshi)

Federal Reserve Board Governor Milan said that implementing a series of 50 basis point rate cuts will allow for a policy readjustment, and that economic growth is expected to improve in the second half of the year and early 2026. A shift to a neutral policy as soon as possible would be preferable, but he is not panicking about the current policy situation. (Jinshi)

According to Lookonchain monitoring, a trader withdrew 1.1 million USDC from Hyperliquid, then deposited it into Aster and purchased 726,296 ASTER tokens, worth $1.1 million.

Kraken announced that it will launch Curve founder Michael Egorov’s Bitcoin yield protocol Yield Basis (YB) on the new platform Kraken Launch. It will be sold in two phases and plans to be listed on Kraken for trading. YB has been approved by Curve DAO for the crvUSD credit line proposal. YB aims to provide BTC native, fee-driven returns and introduce an automatic re-leverage mechanism to hedge AMM curvature risk. (Blockworks)

According to Lookonchain monitoring, a mysterious whale deposited 4,444,444 USDT into Aster 7 hours ago.

Nvidia officially announced plans to invest up to $100 billion in OpenAI. Nvidia (NVDA.O) announced a strategic partnership with OpenAI to deploy 10 gigawatts of Nvidia systems (artificial intelligence data centers), with the first gigawatt-scale systems to be deployed in 2026. Nvidia said it expects to finalize the details of this new phase of its strategic partnership with OpenAI in the coming weeks.

Federal Reserve Board member Milan said that monetary policy has entered a period of deep tightening, and believed that the appropriate federal funds rate is in the mid-2% range, almost two percentage points lower than the current level. (Jinshi)

Acting Chairwoman Caroline D. Pham of the U.S. Commodity Futures Trading Commission (CFTC) announced the new members of the Global Markets Advisory Committee (GMAC) and its subcommittees. She also congratulated Avery Ching, co-founder and CEO of Aptos Labs, on his appointment as a member of the Digital Asset Markets Subcommittee. Avery has over a decade of experience building large-scale infrastructure. Prior to founding Aptos, he led blockchain development, wallet infrastructure, and technical development for the Diem blockchain project at Meta. GMAC, a consultative body for the CFTC, is comprised of experts in traditional finance and digital assets. They have long provided policy advice to the CFTC, shaping regulatory decisions in the United States and informing international discussions on global market structure and digital asset regulation. Pham expressed her anticipation for collaborating with industry leaders such as Avery, Scott Lucas, Head of Digital Asset Markets at JPMorgan Chase, and Sandy Kaul, Executive Vice President at Franklin Templeton, to promote the orderly development of the digital asset market.

The public chain of stablecoins is the inevitable result of the industry's transformation from "wild growth" to "deepening value cultivation".

Golden Finance has launched the "Golden Web3.0 Daily" to provide you with the latest and fastest MEME, DeFi, DAO, NFT and metaverse industry news.

With the gradual implementation of the stablecoin regulatory framework, stablecoins have grown into the core infrastructure of the crypto-financial system and even cross-border payment networks over the past year.

The stablecoin craze continues, and recently many bigwigs outside the circle have been asking me about stablecoin-related information.

In late August 2025, the Australian Transaction Reports and Analysis Centre (AUSTRAC) announced that it had ordered Binance Australia to appoint an external auditor to review its anti-money laundering program.

Recommended reading tonight: 1. Arthur Hayes on selling HYPE: HYPE's Sword of Damocles; 2. Low-risk DeFi is already supporting the Ethereum economy; 3. 2025 Cryptocurrency Shopping List: Luxury Homes, Flights, and Eternal Life Packages;

The Chief Executive Officer of the Hong Kong Securities and Futures Commission, Fung-yee Leung, once said that the Ensemble project is a project to build a key architecture. It will promote the scale of the tokenized ecosystem in the new stage of development and is also the core of Hong Kong's innovative financial infrastructure.

A teenage hacker and an accomplice accessed a Crypto.com employee account, exposing personal information of a small number of users. No customer funds were stolen, but the breach has raised questions about the exchange’s security and transparency.

The global contest to digitize money just escalated, with China and South Korea entering the stablecoin arena in the same week. Their launches signal a direct challenge to the dominance of U.S. dollar–pegged tokens and underscore how digital currencies are fast becoming geopolitical tools.

ETH, BTC, altcoins, Hyperliquid, ASTER, crypto market experiences flash crash, what are the triggering factors? Golden Finance, today's cryptocurrency market experienced a flash crash, what are the triggering factors?