News linked to both this project and an event.
Odaily News: The sandwich attack bot operated by JaredfromSubway.eth has extracted a cumulative total of 117,007 ETH since March 2023, worth approximately $295 million at current prices. In June 2026, an anonymous attacker deployed 66 counterfeit token contracts, exploiting the bot's automated trading logic to steal at least $7.5 million in ETH and stablecoins, and funneled the funds into Tornado Cash. The stolen assets have not yet been recovered.Sandwich attacks are a form of Maximal Extractable Value (MEV): the bot monitors large transactions in Ethereum's public mempool, buys ahead of the target transaction, and sells after the transaction pushes the price up, capturing profits from the spread. The bot's primary contract had received a cumulative total of 117,007 ETH as of August 28.MEV-Boost block construction is centralized among a small group of participants, with relay.ultrasound.money, Titan Relay, and bloXroute regulated relays collectively forwarding approximately 85% to 88% of related blocks within a 24-hour window; Titan's builder independently assembled 50.3% of the blocks. Monthly sandwich attack extraction amounts have declined from approximately $10 million in late 2024 to roughly $2.5 million in October 2025. (Bitcoin.com News)
According to on-chain analyst Ai Yi, address 0x77d…ae0e9 opened a 10x leveraged long position of 403.44 BTC and a 12x leveraged long position of 4,781 ETH on Hyperliquid around 3 AM today. The positions were valued at approximately $31.49 million and $11.75 million, respectively, totaling around $43.24 million. At present, the aforementioned long positions held by this address are showing an unrealized loss of approximately $362,000, marking its first contract trading activity on Hyperliquid.
Odaily News Cryptoquant founder and CEO Ki Young Ju stated that the peak of Bitcoin's current bull market cycle may be driven by institutional capital outside the United States and ETF demand. He pointed out that deeper stablecoin liquidity and tokenized asset infrastructure will expand global market participation.Ki Young Ju cited South Korea as an example, noting that the country currently has no spot Bitcoin ETFs, retail investors cannot purchase overseas-listed spot Bitcoin ETFs, and most companies are unable to open trading accounts to buy BTC. South Korea has gradually opened up corporate participation in phases, with the Financial Services Commission (FSC) roadmap covering approximately 3,500 listed companies and qualified professional investors, but financial institutions and other businesses remain excluded.Strategy's Bitcoin bank adoption index evaluated 25 major institutions covering trading, custody, digital asset products, financing, and corporate participation, with an overall adoption rate of 32%. As of August 29, RWA.xyz data shows that the distributed asset value of global tokenized assets is $38.63 billion, up 2.65% from 30 days ago.The Bank for International Settlements (BIS) stated that stablecoins have the potential to enable faster, programmable payments, but current designs may pose financial integrity, liquidity, and monetary risks. Ki Young Ju pointed out that U.S. spot Bitcoin ETFs recorded cumulative net inflows of approximately $57 billion in the first two years since launch, and the next phase will be global institutionalization, with more institutions adopting BTC as a strategic asset, and countries lacking ETFs will also improve relevant investment channels. (Bitcoin.com News)
Odaily News: According to on-chain analyst Ember's monitoring, over the past few days BTC and ETH prices have been fluctuating at high levels, and Machi Big Brother's funds have fallen from $11.15 million to $8.8 million. Ember stated that the decline in funds was due to frequent stop-loss position reductions during minor price dips. Machi Big Brother's ETH long position has an entry price of $2,463 and a liquidation price of $2,307.
Odaily News: The US government transferred a small amount of Bitcoin this week, which was seized three years ago from Alameda Research's Binance US account. The US government has not yet disclosed the purpose of this transfer or its plan for disposing of the remaining Bitcoin assets.
Odaily News: Numa Lunah, co-founder of the crypto project Refi Hub, stated that he was hacked after using a download link provided in a Claude chat window to install a transcription application. The link pointed to a fake website bundled with malware, which attempted to steal all information from his device upon execution.Numa Lunah said he wiped and reinstalled the affected laptop and found no signs of sensitive data leakage. Subsequently, he discovered a contaminated Claude Code skill file named SKILL.md in his backups. The file was disguised as a style guide written by himself and contained instructions to re-download malware and steal credentials every time it was loaded.Microsoft Defender Experts previously warned that attackers have shifted from search engine optimization poisoning to large language model response poisoning. These tactics include recommending attacker-controlled download links, AI-branded fake installers, and contaminated code repositories and agent skills. Individuals working in the crypto industry may hold irrevocable credentials such as mnemonic phrases, private key files, hot wallet JSONs, exchange API keys with withdrawal permissions, and deployer keys. (Bitcoin.com News)
Odaily News: Digital asset infrastructure company BitGo has announced the completion of its acquisition of NYDIG's institutional trading business. The transaction employs a two-step merger structure, with total consideration of approximately $42.5 million, including $7 million in cash and approximately $35.5 million in BitGo stock.The business brings approximately 30 NYDIG employees and institutional client relationships into BitGo, offering derivatives, structured products, financing, and capital markets solutions to asset management firms, hedge funds, corporations, and family offices.The transaction also includes performance-based incentive provisions, including a $10 million cash payment tied to a revenue milestone, up to $5 million in cash and additional shares tied to a second milestone, as well as retention incentives for transferred employees.NYDIG will focus on power generation, Bitcoin mining, and high-performance computing data center operations, with the company disclosing a development pipeline exceeding 3 gigawatts. BitGo recently completed its IPO on the New York Stock Exchange, with a post-issuance valuation of approximately $2 billion, and launched the USDS token. (Decrypt)
Odaily News: Arthur Hayes stated that investors should prepare to buy Bitcoin and expects Bitcoin to perform well in the coming years. He believes that if the U.S. continues to expand its money supply, Bitcoin's price could ultimately rise to $250,000.Bitcoin has risen about 20% since mid-August, adding $300 billion to its total market capitalization within hours. Scott Bessent previously pledged to support the bond market, and this week it was noted that the Treasury may tap nearly $1 trillion from the Treasury General Account to fund bond purchases.Gadi Chait, investment manager at Xapo Bank, said Bitcoin rose about 23% last week, marking its largest weekly gain since March 2023. During the same period, U.S. spot Bitcoin ETFs saw net inflows of approximately $1.9 billion, with record short liquidations further fueling the rally. (Forbes Digital Assets)
Odaily News: Bitcoin News posted on X platform that Afghanistan's Taliban government has effectively banned Bitcoin and cryptocurrency trading nationwide, threatening to prosecute traders and related businesses. More than 20 crypto shops in Herat have been closed, and at least 13 traders have reportedly been arrested. Afghanistan's monthly crypto inflows have dropped from a peak of over $150 million to less than $80,000. After Afghanistan was largely cut off from the global banking system, Bitcoin and stablecoins had become important tools for savings and remittances. Taliban officials called digital assets fraudulent and considered cryptocurrency speculation akin to gambling under Islamic law. Although these actions have compressed Afghanistan's visible crypto market, Bitcoin can still be traded via the internet, private keys, and counterparties.
Jiang Zhuoer stated in a post that on Friday, Bitcoin spot ETFs saw a net outflow of $202 million, ending nine consecutive days of net inflows; Ethereum spot ETFs remained robust, posting further net inflows of $102 million. He argued that following this recent surge, the market contains substantial selling pressure from positions trapped during the bear market alongside profit-taking from bottom-level accumulations. Whether prices can maintain their highs hinges on whether there is adequate capital to absorb the selling, making ETF flows and the Coinbase premium key metrics for assessing buying absorption.
Odaily News - New York state officials have warned that AI-generated content and fake crypto projects are making investment scams more deceptive. Investment fraud losses exceeded $8 billion in 2025, up 38% from 2024, with 144,041 consumers reporting losses and a median loss of $10,560 per incident.AI can be used to clone voices, fabricate videos, impersonate financial professionals, and create social media advertisements. New York Attorney General Letitia James has warned that scammers lure investors through celebrity deepfake endorsements, fraudulent cryptocurrencies, pump-and-dump schemes, and fake trading platforms.Some fraudulent platforms display fabricated account balances, returns, and trading records, allowing victims to make small withdrawals to build trust before demanding additional deposits or fees. New York state officials advise consumers to verify the identities of promoters, companies, and investment projects, and to confirm where their funds are going.Data from the U.S. Federal Bureau of Investigation (FBI) shows that reported losses from cybercrime in 2025 totaled $20.877 billion, with losses from cryptocurrency-related complaints reaching $11.37 billion. Common scam signs include promises of high returns, unsolicited investment opportunities, high-pressure sales tactics, and projects lacking clear documentation. (Bitcoin.com News)
Odaily News According to on-chain analyst Ember's monitoring, from yesterday to early this morning, Hyperliquid's largest bull opened long positions on Bitcoin and ETH through multiple addresses, currently holding $170 million worth of long positions, with a total of 1,000 BTC and 38,000 ETH long positions opened. The average entry price for Bitcoin is $78,757, and for ETH it is $2,478.6, with current losses of $2.39 million.
Odaily News - According to on-chain analyst Ember's monitoring, during the market volatility caused by Waller's speech, Hyperliquid's largest bull opened a 1,000 BTC long position, valued at $79 million. Today, this entity has opened a total of 1,000 BTC and 28,000 ETH longs, with an average entry price of $78,780 for the BTC long position and $2,490 for the ETH long position.
Odaily News: According to Lookonchain monitoring, the 6,000 BTC reportedly lost by Irish drug trafficker Clifton Collins have been transferred again, with 500 BTC moved to Coinbase Prime, valued at $39.56 million.
Odaily News: Bitcoin News posted on X platform that U.S. spot Bitcoin ETFs have recorded net inflows for 8 consecutive days, totaling $2.8 billion. August has become the strongest month for capital inflows since 2026.As Bitcoin and gold rise in tandem, investors are increasingly seeking to hedge against risks including a weakening U.S. dollar, persistent inflation, and the widening U.S. fiscal deficit. Gold funds have also seen record demand.This shift is beginning to reflect in ETF trading. IBIT and GLD have rejoined the list of the top 10 most-traded ETFs, after semiconductor funds dominated for most of the summer.BlackRock noted that another significant source of demand comes from existing Bitcoin holders moving their tokens into ETFs. The company has so far processed approximately $5 billion in deferred-tax Bitcoin transfers into ETFs, and the minimum conversion amount has recently been lowered from $25 million to $1 million."As we continue to expand access, this scale will continue to grow," said Robbie Mitchnick, Head of Digital Assets at BlackRock.Mitchnick pointed out that incidents such as kidnappings, ransomware attacks, and custody failures are driving some Bitcoin holders to shift toward ETF custody.Bitcoin and gold are once again aligning with the core of the same macroeconomic logic, as the currency debasement trade makes a comeback.
According to Arkham, on August 28 at 21:47 (Beijing Time), an address associated with the Grayscale Bitcoin Trust transferred 340.449091 BTC, valued at approximately $26.9186 million, to two addresses including Coinbase Prime Deposit.
According to Hyperbot data, the "anti-CZ" whale has opened 20x leveraged long positions on Bitcoin and 15x leveraged long positions on Ethereum, with unrealized gains exceeding $7.2 million and an investment return rate of 491%. Currently, the whale holds 31.31624 BTC in the Bitcoin long position and 8,092.4521 ETH in the Ethereum long position. The whale gained notoriety for shorting ASTER immediately after CZ purchased it.
Jiang Zhuo'er posted that ETH ETF capital inflows have reached another record high, with BTC inflows at $242 million and ETH inflows at $234 million. Given that ETH's total market capitalization represents approximately 18.8% of BTC's, ETH's inflows account for 96.8% of BTC's inflows. He believes the current magnitude of capital inflows demonstrates that ETH's "consolidation with steadily rising lows" is relatively robust. He stated that unless he strictly adheres to trading discipline and firmly avoids leverage, he would even be prepared to directly go long on ETH. His current position strategy is as follows: when not holding short positions, he maintains a full allocation in ETH spot to await further upside; entering any additional long positions would equate to adding leverage, thereby introducing liquidation price risk.
According to on-chain analytics platform Lookonchain (@lookonchain), Bitcoin mining company Metaplanet transferred approximately 1,350 BTC worth around $108 million to Coinbase Prime about an hour ago. Previously, Metaplanet had cumulatively purchased 43,000 BTC, totaling approximately $3.48 billion, at an average buy price of $96,191.
According to data from Trader T (@thepfund), Bitcoin spot ETFs recorded a net inflow of $242.3 million yesterday. BlackRock's $IBIT led with a +$277.6 million inflow, Ark $ARKB saw $29.7 million in inflows, and Bitwise $BITB attracted $21.7 million. Fidelity's $FBTC posted a daily net outflow of $83.6 million, while Grayscale's $GBTC experienced a $27.2 million outflow, serving as the main source of capital withdrawal for the day.