News linked to both this project and an event.
Odaily News: The KITE Foundation has provided an update on the handling of a token security incident. A new KITE ERC-20 contract has been deployed on the Ethereum mainnet, with the total token supply remaining unchanged. Old KITE tokens will be migrated to the new contract at a 1:1 ratio. Addresses confirmed to be controlled by the attacker will be excluded and will not receive new tokens.The migration snapshot is based on Ethereum mainnet block height 25,692,498. Regular self-custody wallet users will receive the new tokens directly without needing to redeem or authorize anything. Exchange users will have their migration coordinated between the exchange and the KITE team. Cross-chain channels will remain paused until migration and verification are complete.Previously, KITE detected abnormal transfers on August 6 and confirmed it had been attacked by hackers. The team stated that this incident did not result in any asset losses for users or the project, and the impact is currently under control.
According to a post by MicroStrategy founder Michael Saylor, MicroStrategy has upgraded the dashboard for four preferred stock products: STRC, STRD, STRK, and STRF, adding metrics such as Bitcoin rating, after-tax effective yield, and one-year Sharpe ratio. These new tools can be used to evaluate the yield levels, credit quality, downside protection, and risk-adjusted returns of the relevant products.
据期权分析师 [email protected]（@BTC__options）发布的 8月 7 日期权交割数据，3.2 万张 BTC 期权到期，Put Call Ratio 仅为 0.26，最大痛点 64,000 美元，名义价值 20.6 亿美元；17.7 万张 ETH 期权到期，Put Call Ratio 为0.77，最大痛点 1,900 美元，名义价值 3.4 亿美元。 比特币自 5 月以来持续在 64K 附近震荡逾两个月，65K 上方为年初上涨成交密集区，当前热点不在加密领域，投机资金难以流入，方向或偏向下行。加密货币市场已历经 9 个月熊市，整体隐含波动率（IV）维持低位已逾一季度，若 Q3 仍无增量资金流入，市场存在潜在较大风险暴露的隐忧。
According to options expiry data released by [email protected] (@BTC__options), a total of 19,000 BTC options expired this week, with a Put Call Ratio of 0.89, Max Pain at $64,500, and a notional value of $1.2 billion; 125,000 ETH options expired, with a Put Call Ratio of 1.25, Max Pain at $1,875, and a notional value of $230 million. In terms of market conditions, BTC briefly broke through 66K this week but failed to hold. The 65K to 80K range is a high-volume trading zone from the early year's rally, indicating significant upside pressure. Overall IV has retreated to the 35% level, leaving fewer trading opportunities. Notably, the ETH put option ratio has exceeded 1 for 6 consecutive weeks, the longest duration on record, indicating sustained high bearish sentiment in the market. However, some traders are also taking the opportunity to sell Puts to buy the dip. Cryptocurrencies have experienced an 8-month bear market. From a cyclical perspective, the second half of the year may see a certain rebound.
Odaily Odaily News, according to an official announcement, Binance will update the collateral rate and tiered collateral rate for Portfolio Margin and PMPro at 2026-07-24 06:00 UTC (14:00 Beijing time). The affected assets include ALGO, PUMP, WLD, JTO, TRUMP, etc. In addition, Binance Futures will adjust the leverage and margin tiers for several USDⓈ-M perpetual contracts at 06:30 UTC (14:30 Beijing time) on the same day. The contracts include C98USDT, CHRUSDT, LQTYUSDT, NILUSDT, USUALUSDT, SPELLUSDT, ONEUSDT, AEVOUSDT, CGPTUSDT, BANKUSDT, GUNUSDT, LAUSDT, OPNUSDT, KATUSDT, STARUSDT, and ZILUSDT. The announcement reminds users that changes in collateral rates may affect the Unified Maintenance Margin Ratio (uniMMR) and could lead to a risk of position liquidation.
Bitget CFD has launched the tiered margin rate feature, applicable to all CFD trading instruments including forex, precious metals, stock indices, and commodities. After this feature goes live, the margin occupied by CFD instruments will be calculated in tiers based on the size of the notional exposure of account positions. The larger the exposure, the higher the corresponding margin rate.
Bitget has announced an upgrade to its CFD copy trading feature, introducing two new position-following modes and independent risk management settings—evolving copy trading from “simple strategy replication” to “personalized risk management.” While referencing professional strategies, users can now establish a foundational risk control layer aligned with their individual risk tolerance. Regarding position management, two new modes have been added: “Fixed-Ratio Copy Trading” and “Fixed-Lot Copy Trading.” Under the Fixed-Ratio mode, the system intelligently calculates position sizes based on the capital ratio between the user and the lead trader, ensuring proportional risk alignment. Under the Fixed-Lot mode, users can set a fixed order size per trade (e.g., 0.01 lots), enabling small-capital users to cost-effectively test a trader’s actual win rate. On the risk control front, this upgrade introduces independent take-profit and stop-loss settings. Users can now define personalized take-profit and stop-loss amounts for their own accounts when copying any trader—even if the lead trader remains in open positions, the system automatically triggers the user’s stop-loss. Additionally, a new “Maximum Lot Size per Copy Trade” limit has been added to prevent excessively large positions triggered automatically due to high account equity.
Aster announced an update to the ASTER tokenomics, increasing the buyback and burn ratio to 198%. Starting today at 12:00 UTC, 99% of the platform’s daily transaction fees will be used to buy back ASTER tokens, and an equivalent amount of ASTER tokens will be burned 1:1 from the reserve, enhancing staking incentives and driving the token toward a deflationary trajectory.
: HyperLiquid has announced an upgrade to the AQAv2 mechanism. The system will use on-chain automated trading to maintain a dynamic 1:9 balance of USDC between two core addresses in each HyperEVM block, corresponding to the contract execution layer and the treasury reserve layer, respectively.According to the mechanism design, this ratio is used for functional stratification between "high-frequency trading and liquidation liquidity" and "long-term reserves and yield pools," aiming to enhance system stability and isolate trading risks.On the technical side, the balancing process is executed automatically by the system without manual intervention. Circle is responsible for the technical deployment, while Coinbase undertakes the treasury deployment and management.Regarding the yield mechanism, AQAv2 stipulates that stablecoin issuers must distribute approximately 90% of their cost-adjusted reserve earnings generated within the Hyperliquid ecosystem to the protocol. Settlement occurs on a 30-day cumulative cycle, and the earnings will be automatically transferred to the Assistance Fund on the 8th day after the cycle ends.Additionally, the mechanism includes a transition period arrangement:1. Start of yield accrual: August 26;2. First yield payment: October 3.The market believes this design marks the evolution of stablecoins from traditional custody structures toward an on-chain infrastructure model characterized by "protocolized capital stratification + automated yield distribution."
Binance has released an updated Proof of Reserves, showing that asset reserves consistently exceed a 1:1 ratio to safeguard user funds. Among these, the BNB reserve ratio stands at 100.58%, the Bitcoin reserve ratio at 100.20%, and the ETH reserve ratio at 100%. The USDT reserve ratio is 103.17%.
According to an official announcement, Binance will update the collateral ratio and tiered collateral ratio for certain assets under the portfolio margin mode at 14:00 (Beijing Time) on May 29, 2026. This involves DOGE, SAHARA, SKY, 1MBABYDOGE, CTSI, and AAVE under the PMPro mode. Additionally, at 14:30 (Beijing Time) on the same day, Binance Futures will adjust the leverage and margin tiers for the following USDⓈ-M perpetual contracts: ESPORTSUSDT, SYRUPUSDT, VVVUSDT, FFUSDT, BEATUSDT, GOATUSDT, LIGHTUSDT, TAKEUSDT, NFPUSDT, PORTALUSDT, CLOUSDT, TUTUSDT, HMSTRUSDT. Existing positions will be affected, and users need to make adjustments in advance.
Binance has released its May proof of reserve update. As of May 1st, users' net BTC balance stood at 606,742.388 BTC, while Binance's wallet balance was 608,067.979 BTC, resulting in a BTC reserve ratio of 100.22%.Additionally, users' net ETH balance was 3,762,321.834 ETH, with Binance's wallet balance at 3,762,328.82 ETH, giving an ETH reserve ratio of 100%. The USDT reserve ratio was 104.27%, and the BNB reserve ratio was 101.68%.
Decentralized USDD released its April 2026 Monthly Transparency Report. The report shows that USDD’s total supply peaked at $1.558 billion in April, representing a month-on-month increase of approximately 10.87%; as of April 30, 2026, the total value of collateralized assets reached $2.16 billion, with the overall collateralization ratio maintained at 146% at month-end. Smart Allocator’s cumulative earnings surpassed $16.24 million, with approximately $2.46 million in new earnings generated during the month. Additionally, USDD further optimized its reserve composition this month by introducing the WBTC Vault, increasing the proportion of non-native collateral assets. It also launched the MCP functionality and machine-readable documentation tailored for large language models (LLMs), supporting the development of the AI Agent ecosystem. According to the official USDD team, future priorities include strengthening stability, optimizing the yield system, upgrading transparency, and expanding the ecosystem—aiming to become a trusted stablecoin infrastructure within both the AI Agent economy and decentralized finance (DeFi) use cases.
According to The Block, Julio Moreno, Research Director at on-chain analytics platform CryptoQuant, released a report on May 8 stating that Bitcoin has surged over 20% since early April, reaching a three-month high. However, the firm characterizes this rally as a “bear market bounce” and warns that profit-taking pressure may intensify further. On the data front, Bitcoin holders’ daily realized profit reached 14,600 BTC on May 4—the highest level since December 10, 2025. Meanwhile, the Short-Term Holder Spent Output Profit Ratio (STH-SOPR) has remained consistently above 1.00 since mid-April, indicating the market has entered a sustained profit-taking phase. On a 30-day rolling basis, holders’ net realized profit turned positive at +20,000 BTC—the first time since December 22, 2025—after net losses plunged as deep as -398,000 BTC between February and March. Nonetheless, Moreno notes that the current net profit level of +20,000 BTC remains far below the historical 130,000–200,000 BTC threshold typically required to confirm a bull market transition, reinforcing the view that this is a “bear market bounce” rather than a structural trend reversal. Additionally, the current unrealized profit ratio stands at approximately 18%; historical experience shows that when this indicator rises to elevated levels, holders tend to sell to lock in gains, increasing correction risk.