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 official announcement, Gate will launch LiveArt (ART) spot trading at 20:00 (UTC+8) on September 9.

Bitcoin is currently fluctuating around $110,000, reaching $111,074 as of the early morning of September 8th. Although US non-farm payrolls increased by only 22,000 in August, reinforcing expectations of a Federal Reserve rate cut on September 17th, institutional profit-taking and slowing ETF inflows have dampened upward momentum. Analysts say that even with a rate cut, without strong inflows of new funds and ETFs, Bitcoin's push above $120,000 will remain challenging. (The Block)

Macquarie: We expect the Federal Reserve to cut interest rates by 25 basis points each in September and October, compared to our previous forecasts of September and December. (Jinshi)

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

According to Cointelegraph, a developer involved with Bitcoin Ordinals has issued a warning about potential censorship of non-financial transactions on the Bitcoin network. Leonidas, host of The Ordinal Show, expressed concerns through an open letter on X, highlighting a growing conflict within the Bitcoin community. The debate centers around whether Bitcoin node validators should focus solely on peer-to-peer financial transactions and disregard large data transactions, such as images, videos, or documents, which some critics label as spam. Leonidas cautioned against setting a "dangerous precedent" and stated that any move towards tightening policy rules or censoring Ordinals and Runes transactions would prompt "decisive action." He emphasized that if necessary, the DOG Army would support the development of an open-source fork of Bitcoin Core, removing nearly all policy rules to ensure Bitcoin remains censorship-resistant. This stance comes in response to comments from Blockstream CEO Adam Back, who is among those advocating for the exclusion of such transactions from the timechain. Bitcoin Knots, an alternative to Bitcoin Core, has gained traction over the past year, increasing from 67 nodes in March 2024 to over 4,380 nodes currently, accounting for more than 18% of the network. This growth precedes the anticipated release of Bitcoin Core's v30 on October 30, which will eliminate the 80-byte limit on the OP_RETURN function, enabling more media files to be stored onchain. Leonidas's letter reflects concerns that this update might be overturned, with figures like Ocean Mining creator Luke Dashjr and Satoshi Action Fund CEO Dennis Porter siding with Back. Leonidas also highlighted the financial impact of Ordinals and Runes ecosystems, which have contributed over $500 million in transaction fees, bolstering Bitcoin's security amid diminishing mining block subsidies. He mentioned discussions with Bitcoin miners representing over 50% of Bitcoin's hash rate, who indicated their willingness to accept any transaction as long as the fees remain competitive. Despite the potential benefits, relying on fees from Ordinals transactions has proven challenging due to fluctuating activity. On August 31, Bitcoin miners earned a mere $3,060 from Ordinals, a stark contrast to the daily record of $9.99 million achieved on December 16, 2023, according to Dune Analytics data. Even in 2025, the highest daily total has not surpassed $1 million, suggesting that Ordinals are occupying less blockspace than before.

Barclays: The Federal Reserve is expected to cut interest rates three times in 2025, each by 25 basis points, in September, October, and December, higher than the previous forecast of two 25 basis point cuts in September and December. (Jinshi)

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.

The reshaping of the U.S. Treasury yield curve suggests that interest rates will fall further and remain low. The decline in the short-term suggests that the market expects the Federal Reserve to accelerate rate cuts. This reshaping is not driven by the Fed, but rather a market response to reality.

Golden Finance has launched the 2810th issue of "Golden Morning 8:00", a morning newspaper for the cryptocurrency and blockchain industry, to provide you with the latest and fastest digital currency and blockchain industry news.

The "RWA and Stablecoin" roundtable at the first CRYPTO Raver conference brought together early blockchain practitioners, traditional financial executives, real economy operators, policy researchers and other bigwigs.

As of 2025, the holding structure of Ethereum (ETH) is highly centralized, with the top 10 addresses controlling approximately 61% of the circulating supply, but this is mainly dominated by institutions, contracts, and exchanges, rather than individuals.