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News linked to both this project and an event.

WEEX AI Trading Lounge to Debut at Coinfest Asia 2026 on August 20

Odaily News, August 12 — WEEX exchange announced that its WEEX AI Trading Lounge will be held on August 20-21 at Melasti Beach, Bali, Indonesia. As the official Silver Sponsor of Coinfest Asia 2026, WEEX will set up an exclusive Ocean Suite Lounge at the venue and host a two-day offline event centered around AI Trading. During the event, an all-day AI Quick Match and multiple Scheduled Tournaments will be available, allowing participants to experience WEEX AI Trading through a Demo Account. The Top 3 winners will be determined based on daily PNL rankings. The event will also provide opportunities for networking with traders, KOLs, Web3 founders, and industry peers. Registration is now open via Luma.

U.S. retail investors shift to large-scale selling of tech stocks, with net outflows of approximately $7 billion in a single week

Odaily News Crypto KOL Phyrex posted on X stating that the trading direction of U.S. retail investors has recently shown a significant shift. Data shows that last week, retail investors recorded net selling of stocks for four consecutive trading days, marking the longest continuous selling streak this year, with tech stocks experiencing the largest selling pressure, totaling approximately $7 billion in net outflows for the week. Two of the three historically largest single-day retail sell-offs of tech stocks occurred last week. The selling was mainly concentrated in the semiconductor and memory chip sectors, which had previously been the focus of retail capital inflows during May and June.Meanwhile, the asset size of U.S. tech-focused leveraged ETFs has decreased by approximately $50 billion from the June high, while leveraged ETFs in South Korea and Taiwan have fallen by more than half from their peaks. The SOXL, a 3x leveraged long semiconductor ETF, has dropped about 67% from its high, and trading volume for South Korea's Hynix 2x ETF has declined by over 90% from its peak.

$CASHCAT: KOL Consensus Bullish, Focus on Robinhood Ecosystem and Whale Accumulation

According to monitoring by the BlockFlow KOL opinion aggregation platform, the crypto token $CASHCAT has garnered consistent bullish sentiment over the past 24 hours, with core arguments focusing on three aspects: Hyperliquid short positions awaiting liquidation, Robinhood ecosystem support, and whale accumulation.

Country Garden Forced to Liquidate CXMT Stake at Cost, Missing Over 23-Fold Investment Return

According to crypto KOL AB Kuai.Dong (@_FORAB), in September 2021, Country Garden injected 2 billion yuan into CXMT at 2.22 yuan per share, acquiring 901 million shares. At the end of 2024, due to being deeply mired in the real estate liquidity crisis, Country Garden was forced to liquidate all its CXMT equity at the original price, with Hefei state-owned capital taking over. If held to date, the return on this investment would be as high as 23 times. Hefei state-owned capital continues to bet on CXMT, currently holding 36.79%, with book returns exceeding 1 trillion yuan.

Coinbase CEO Says Changing X Avatar to Cause Meme Coin Crash Was a Misjudgment of the Community

on July 27 that during an interview with crypto KOL Ansem, Coinbase CEO Brian Armstrong stated that the crash of related Meme coins triggered by his change of X avatar was a complete misjudgment of the community's reaction. He described it as a "wake-up call" and said he will try to communicate expectations more clearly in the future.Previously, the Meme coin Brain attracted market attention because it adopted the native B20 token standard introduced by the Base chain's Beryl upgrade, and its token name was derived from Brian Armstrong. After Brian Armstrong briefly changed his X avatar to match the coin's icon, the community speculated, driving up trading activity.Later, when Brian Armstrong changed his X avatar again, Brain faced massive sell-offs and gradually collapsed to zero, sparking controversy within the community.

Crypto KOL Ansem's ANSEM holdings valued at over $200 million

According to monitoring by on-chain analyst Onchain Lens (@OnchainLens), as the price of ANSEM continues to rise, its market cap has surpassed $350 million. Meanwhile, the ANSEM assets held by crypto KOL Ansem are currently valued at over $204 million.

Ansem 向超700 个钱包空投 6738 万枚$ANSEM,7 大钱包已套现 129 万美元

据链上分析平台 Lookonchain(@lookonchain)监测,加密 KOL Ansem(@blknoiz06)向 700 余个钱包空投共计 6738 万枚 $ANSEM(价值约 943 万美元),其中 4989 万枚(约 698 万美元)集中流入 7 个钱包。目前这 7 个钱包已抛售 3829 万枚 $ANSEM,套现约 129 万美元,仍持有 1160 万枚(现值约 162 万美元)

Bubblemaps: The Largest Single Address in Ansem's ANSEM Airdrop Received 1% of the Total Supply

Odaily Planet Daily reports: In response to the recent dramatic volatility of the ANSEM token, on-chain analytics platform Bubblemaps released airdrop distribution data on X. Crypto KOL Ansem distributed approximately $6.7 million worth of ANSEM tokens to over 700 wallets. The data shows:1 wallet received over $1 million worth of tokens;6 wallets received over $100,000 each;40 wallets received over $10,000 each; approximately 300 wallets received over $1,000 each;And about 400 wallets received allocations worth approximately $150 each.Analysis indicates that the largest single receiving address obtained 10 million ANSEM, accounting for about 1% of the total supply, corresponding to a value of approximately $1 million at a $100 million fully diluted valuation (FDV).

The first scam of the World Cup? WCUP surged to a market cap of approximately $50 million, with 95% of its supply controlled by a single entity

that, according to Bubblemaps, the FIFA-related token WCUP, which launched yesterday, surged to a market cap of approximately $50 million. Over 30 new wallets snapped up 95% of its supply immediately at the opening. These wallets were funded by multiple centralized exchanges within the half-hour before the launch, had no prior on-chain history, and subsequently distributed the tokens to over 2,500 new addresses via Uniswap Router.Bubblemaps noted that the project's documentation only vaguely mentions a presale and partner allocations, with no on-chain evidence directly linking to the team. However, this level of concentration, combined with undisclosed paid promotion arrangements with KOLs, poses a significant risk.

U.S. stock trader CBB reactivated a sub-address and opened an $18 million position.

According to Hyperinsight monitoring, due to recent volatility and declines in U.S. equities, renowned U.S. stock trader and KOL “CBB” has reactivated a sub-address, transferring $16 million into Hyperliquid and establishing positions across as many as 38 assets—including U.S. equities and commodities—with the largest current position being a short on MU (Micron Technology).

Bubblemaps: MYSTERY—Potential Market Manipulation, with a Small Number of Wallets Controlling 90% of the Token Supply

On X, on-chain analytics platform Bubblemaps stated that the token MYSTERY may have exhibited highly centralized control during its initial launch phase, describing it as a “textbook scam.” Bubblemaps disclosed data showing that approximately 90 newly created wallets seized roughly 90% of the token’s supply at launch and have since continuously dumped their holdings—generating over $100,000 in proceeds so far, while still retaining about 40% of the total supply. Additionally, the token’s launch featured clear “bundled distribution” and centralized control characteristics, and some KOLs promoting MYSTERY were reportedly paid to do so.

KOL EnHeng purchased over 46,000 tokens on RAVE’s second day of launch and is now the #9 largest holder on the BSC network.

At the current price, if this address did not sell upon transferring into Aster, the holding return is approximately 462%, with an unrealized profit of about $86,000.