OKX market data shows that SOL has fallen below 200 USDT, currently trading at 199.99 USDT, a 24-hour drop of 1.66%. (This newsletter was generated with AI assistance)

OKX market data shows that BTC has fallen below 110,000 USDT, currently trading at 109,983.5 USDT, a 24-hour drop of 0.6%. (This newsletter was generated with AI assistance)

According to The Data Nerd, a whale (0x1fc...AEd5) withdrew 2,329 ETH, worth approximately $10 million, from Binance an hour ago. Currently, the whale's wallet holds 7,952 ETH (worth approximately $34.2 million) and 34.3 million USDe.

According to a post on the X platform by Andy, founder of The Rollup, asset management giant Fidelity's on-chain tokenized fund product, Fidelity Digital Interest Token (FDIT), has surpassed $200 million, currently reaching $203,685,560. Deployed on the Ethereum blockchain, the product represents tokenized shares of the Fidelity Treasury Digital Fund (FYOXX), backed by US Treasuries and redeemable at a 1:1 ratio. A potential competitor is BlackRock's BUIDL.

According to on-chain analyst MLM, 8 hours ago, a16z acquired 1.428 million HYPE from Anchorage Digital, worth US$66.6 million.

According to on-chain analyst Ai Yi, a whale withdrew 2,329 ETH from Binance 15 minutes ago at an average price of $4,293. Furthermore, the same address added 5,622 ETH and $2.81 million in bilateral liquidity to Uniswap V4, bringing the total balance in the wallet to $71.59 million.

According to BlockBeats, WLFI's Growth Director Ryan Fang expressed concerns about potential price manipulation by large token holders during an interview on Thursday evening. Fang suggested that some centralized trading platforms might be attracting user tokens and transferring them to other platforms for sale, potentially to lock in profits. He emphasized that the WLFI team is still exploring this issue and believes there is a possibility of such activities occurring. Fang noted that community members have alerted the team to possible systemic manipulation, which could have caused significant damage in recent days. However, he acknowledged that the team lacks detailed evidence at this time. On Thursday evening, the price of WLFI tokens hit a recent low of $0.1611 but has since rebounded to $0.2237. Early Friday, World Liberty blacklisted Justin Sun's address, freezing 540 million unlocked tokens and 2.4 billion locked tokens. The organization suspects that a trading platform has been using user tokens to sell off and suppress prices. Over the past week, WLFI has blacklisted 272 addresses, with on-chain records indicating some were part of a bulk operation. On Saturday, WLFI stated that the blacklisting was to protect user assets and assured that accounts would not be banned for normal market participation.

Michael Saylor’s net worth has jumped almost 16% since the beginning of the year amid Strategy’s stock price spiking 12% over the same period. source: https://cointelegraph.com/news/michael-saylor-s-fortune-jumps-1b-amid-billionaire-index-inclusion?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Wuxi Court dismisses a lawsuit related to losses in 'virtual dollar' investments on an overseas platform, citing lack of legal protection under Chinese law. source: https://coincu.com/360514-court-dismisses-virtual-dollar-case

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Bitcoin’s Funding Rates cool near $300k/hour as retail activity surges and NVM Ratio weakens. source: https://ambcrypto.com/will-bitcoin-break-below-110k-heres-what-funding-rates-reveal/

Recently, Morph, a public chain project under Bitget, announced the cancellation of its original plan to issue new tokens and instead directly adopt BGB (Bitget platform currency) as the public chain token.

On August 29, 2025, Foton Investment Holding issued RMB 500 million offshore bonds in Hong Kong (with a term of 2 years and a coupon rate of 2.62%). The token is named FTID TOKEN 001 (abbreviated as Fubi), marking a milestone in the digitization of state-owned enterprise bonds.

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Hong Kong's Stablecoin Ordinance came into effect on August 1. As of the end of August, the Hong Kong Monetary Authority had received 77 applications for stablecoin issuer licenses, with applicants covering banks, technology companies, securities/asset management companies and other fields.

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