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DeGods Founder Frank Continues to Accumulate "Niu Lai" as Holdings Surpass $500,000

Odaily News: The meme coin "Niu Lai" was listed on Binance Alpha yesterday. After a brief pullback following the news-driven surge, it rebounded in the early hours of today, briefly surpassing a $40 million market cap and currently standing at $38.03 million. DeGods founder Frank has been steadily accumulating, with his current holdings exceeding $500,000 in "Niu Lai." He mentioned that the movie "Niu Lai" will soon be screened in the United States, which is actually a viewing party organized by Polymarket. Qwerty, the top address on the "Niu Lai" profit leaderboard, reduced some of its position yesterday afternoon and has not made any further moves to reduce or increase holdings since then.

30 days of suspected sales totaling $29.94 million; Ondo team-linked addresses still hold $12.68 million in ONDO and have deposited another 13.43 million tokens

Odaily News: According to on-chain analyst Ai Yi's monitoring, Ondo team-linked addresses (0xFA06...8223, 0xEA57...75e1) have deposited another 13.43 million ONDO tokens. Over the past 30 days, these linked addresses are suspected to have sold ONDO worth $29.94 million. In the last 10 hours, two multi-signature addresses deposited tokens worth $4.42 million to Coinbase; currently, the linked addresses still hold ONDO worth $12.68 million on-chain.

Bank of Italy Research: Stablecoin Cross-Border Remittance Costs Not Lower Than Traditional Channels

According to BeInCrypto, a field research report recently released by the Bank of Italy shows that stablecoins do not possess a systemic cost advantage in cross-border remittances. Researchers tested USDC transfers of $200 through 10 actual remittance corridors, covering routes between Italy and Argentina, Brazil, South Africa, the UAE, and Japan, with total fees ranging from 0.3% to nearly 9%, showing a significant disparity. The study found that on-chain transfers themselves accounted for an average of only 0.4% of the total cost; what truly drove up fees were steps still reliant on banks and exchanges, such as funding, currency conversion, and withdrawal. Taking the UAE-to-Italy corridor as an example, where bank transfers were unavailable and credit card funding was forced, fees alone reached as high as 3.8%. Meanwhile, transfer speeds also differed significantly due to variations in destination payment infrastructure. Instant payment systems like Brazil's Pix could complete settlement within 20 minutes, while South Africa required 1 to 2 business days, no different from traditional bank wire transfers. The report pointed out that stablecoins currently still heavily rely on the banking system they attempt to replace, and the narrative that "stablecoins are quietly replacing traditional payment rails" remains unsubstantiated.

A whale deposited $2 million USDC into Hyperliquid, placing a limit order to go long on 55,556 UNITREE

Odaily News: According to Lookonchain monitoring, a whale (0x6910...feda) deposited $2 million USDC into Hyperliquid and placed a limit order to go long on 55,556 UNITREE at $90 per token, with a notional value of approximately $5 million.

Loss of $526,000: An address holds a 5x short position of 10,400 UNITREE

Odaily News: According to on-chain analyst Ai Yi's monitoring, an address (0xa44…5329d) holds a 5x short position of 10,400 UNITREE, with an entry price of $81.8 and a current loss of $526,000, making it the largest floating-loss position in UNITREE on Hyperliquid; the liquidation price is $172.18.

A trader holds a heavy 10x long position on $PUMP, with an unrealized profit of $246,000.

According to on-chain analysis platform Lookonchain (@lookonchain), trader address 0x3be7 opened a long position of 1.94 billion $PUMP tokens (worth approximately $6 million) with 10x leverage, currently showing an unrealized profit of $246,000, with a current liquidation price of $0.002852.

Multicoin Capital deposited another 172,710 HYPE into Coinbase Prime, worth approximately $10.15 million

According to on-chain analysis platform Lookonchain (@lookonchain), Multicoin Capital deposited another 172,710 HYPE into Coinbase Prime 7 hours ago, worth approximately $10.15 million.

A whale placed an order at $90 on Hyperliquid, planning to buy $5 million worth of Unitree long positions.

According to on-chain analyst Ember (@EmberCN), Unitree Robotics (Unitree) officially listed for trading on August 19. Currently, the Hyperliquid pre-market contract price is quoted at $90 (approximately 603 Chinese yuan), corresponding to a market cap of approximately 276.4 billion Chinese yuan. Compared to the issue price of 150.8 Chinese yuan, it has increased by approximately 6.7 times. If sold at this price, the expected profit from one IPO subscription lot is approximately 266,000 Chinese yuan.

A bitcoin wallet from 2012, dormant for 14 years, has moved 212 BTC worth $13.72 million

Odaily News: A bitcoin wallet created in 2012 has moved 212 BTC after remaining dormant for 14 years, valued at $13.72 million based on the price at the time of transfer. The wallet address was created on August 10, 2012. These bitcoins were originally worth $2,346, with a per-coin price of $11.07; at the article's quoted price of $64,761, if sold in full, the holder would realize a gain of 584,725%. The wallet owner's identity remains unknown. The 212 BTC has been transferred from a legacy P2PKH wallet to an unlabeled Bech32 wallet, arriving in multiple batches before being consolidated. A Coldcard vulnerability led to the theft of nearly 2,000 BTC, which may have prompted some long-term holders to move their assets, but this address has not been linked to any known entity. (Bitcoin.com News)

CASHCAT drops about 30% after Robinhood listing, trader 0x4B1 holds with unrealized loss of $412,000

Odaily News A trader (0x4B1) purchased approximately 0.85% of the total token supply for around $1.29 million when CASHCAT was listed on Robinhood, with the average purchase price corresponding to a market cap of approximately $150 million. After CASHCAT was listed on Robinhood, the price dropped by about 30%. The trader is currently facing an unrealized loss of approximately $412,000, but on-chain data shows that they have not sold any tokens to date.

Due to sanctions, NoOnes will gradually wind down its operations

Odaily News: Peer-to-peer cryptocurrency trading platform NoOnes announced that it will begin gradually winding down operations after running for over three years. The company stated that it had been continuously seeking to resolve and lift the sanctions imposed on NoOnes, but ultimately failed. The sanctions caused the platform to lose key partners, and blockchain monitoring firms also flagged transactions associated with NoOnes as high-risk, making it increasingly difficult for the platform to continue normal operations. According to the plan, the business contraction began on August 17, and the P2P marketplace will close at 23:59 UTC on August 21. Services such as Swap, NoOnes Visa, fiat withdrawals, the gift card store, and the Bitcoin Lightning Network will also be discontinued progressively. After that, the platform will only support withdrawals, and users will still be able to log in, view balances, and withdraw remaining assets. The company advises users to complete asset withdrawals as soon as possible, no later than August 23. Previously, on January 26, 2025, NoOnes revealed that the platform had suffered a major security breach earlier that month, resulting in losses of approximately $8 million in crypto assets. CEO Ray Youssef confirmed the news after on-chain detective ZachXBT disclosed the hacking incident on his Telegram channel.

A whale holding a $125 million BTC short position reduced 200 BTC, with cumulative losses of $1.81 million

Odaily News: According to monitoring by on-chain analyst Ai Yi, with BTC briefly breaking through $65,000, a certain whale reduced its position by another 200 BTC, incurring a loss of $243,000 and bringing cumulative losses to $1.81 million. The whale still holds 312 BTC, valued at $20.2 million, with an current unrealized loss of $368,000 and a liquidation price of $65,078.

Binance Security Team Prevents Potential $1.2 Million Governance Attack

The Binance Security Team recently independently discovered a malicious governance proposal targeting a project's Decentralized Autonomous Organization, which could put approximately $1.2 million worth of treasury tokens at risk. Binance notified the project team to vote against the proposal less than 48 hours before its execution and coordinated with relevant centralized exchanges to suspend deposits of the affected tokens to reduce the risk of potential fund transfers. Ultimately, the malicious proposal was rejected, the attack was not executed, and no funds were lost.

A suspected insider address transferred 9.1 million LAB tokens to 10 new addresses, valued at $720,000

Odaily News: According to on-chain analyst Ai Yi's monitoring, a suspected insider address for LAB (0x0d9…751d0) transferred 9.1 million LAB tokens, worth $720,000, to 10 new addresses three hours ago. The receiving addresses have not yet moved or sold the tokens. LAB's current market capitalization stands at $36.85 million.

Cash App Expands Crypto Support via MoonPay, 50 Million Users Can Buy ETH, SOL, XRP, and USDT

Odaily News: Payment app Cash App is expanding its cryptocurrency services through crypto payment platform MoonPay, allowing 50 million users to purchase tokens such as ETH, SOL, XRP, and USDT. Additionally, users can top up major wallets like Ledger, BitPay, Trust Wallet, MetaMask, and Uniswap through Cash App. Previously, Cash App's crypto services only supported Bitcoin, with USDC support added earlier this year. (CoinDesk)

Bitget Launches VIP Exclusive Interest Boost Event, Subscribe to ETH for Up to 8% APR

Bitget launches a VIP Simple Earn bonus interest event. The first phase runs from August 19 to August 26. VIP users who meet the net deposit threshold and subscribe to the corresponding ETH Simple Earn products can receive annualized bonus interest rewards distributed in the form of DOS, with a combined APR of up to 8% after stacking.

Suspected Ethena team wallet transfers approximately $14.09 million in ENA to FalconX

According to Onchain Lens monitoring, a wallet suspected to be associated with the Ethena team deposited 170 million ENA into FalconX 1 hour ago, valued at approximately $14.09 million, possibly for an OTC sale. This wallet previously received ENA from Ethena's Gnosis Safe last year.

An institution transferred approximately $7.83 million worth of LIT from a centralized exchange to Lighter

According to Onchain Lens monitoring, an institution deposited 3.35 million LIT into Lighter, valued at approximately $7.83 million. These tokens were withdrawn from centralized exchanges within the past week, including 2.92 million LIT from OKX and 468,620 LIT from Bitstamp.

Whales Assemble, Ultimate Showdown: Bybit Dual Currency Investment Challenge Season 7 Kicks Off, Winners Can Exclusively Enjoy Up to 2900 USDT

During the event, users who register and trade Bybit Wealth Management Dual Investment products can compete on the leaderboard for generous rewards. Users whose trading volume reaches the "Whale Threshold" can also unlock extra "Critical Hit Rewards," up to 2,500 USDT.

Sui Hashi Testnet Handles Over 1.1 Million Bitcoin Deposits in Three Weeks, 25 Institutions Participate in Stress Testing

Odaily News: Since the launch of Sui's Hashi Bitcoin lending protocol testnet on July 22, it has processed over 1.1 million Bitcoin deposits and 165,000 withdrawals within three weeks. As of last week, more than 25 institutions had participated in the system's stress testing. Participating institutions include digital asset custodian BitGo, trading firm Cumberland, as well as Swissborg, Fluid, and Ledger, covering areas such as trading, custody infrastructure, and wealth management platforms. Hashi allows users to deposit native Bitcoin, which is confirmed by Sui validators before minting hBTC for on-chain lending and stablecoin borrowing. Deposits utilize a 2-of-2 multi-signature mechanism with MPC validator signatures, while withdrawals require review by the Guardian Layer; the project team will proceed with the 2026 mainnet launch only after this security layer completes its security audit. (Bitcoin.com News)