According to Coinglass data, BTC and ETH both surged before falling back, with a daily decline exceeding 4%; over the past 24 hours, the total liquidation across the network has surpassed 1 billion dollars, with long positions liquidated amounting to 782 million dollars, affecting 219,500 users. The largest single liquidation occurred on Bybit - BTCUSD worth 10 million dollars.

According to Cyvers alerts, it has been reported that the Turkish exchange BtcTurk is involved in multi-chain abnormal transactions, with a total amount of approximately $48 million in digital assets, affecting the ETH, AVAX, ARB, BASE, OP, MANTLE, and MATIC networks. About an hour and a half ago, funds primarily flowed to two addresses, and the attackers have begun exchanging assets.

According to Wu, the Turkish cryptocurrency exchange BtcTurk Kripto announced that due to technical issues with its hot wallet, it has temporarily suspended cryptocurrency deposit and withdrawal services, and will notify users when they are restored. The platform's cryptocurrency trading and the deposit and withdrawal services for the Turkish lira are not affected and are operating normally.

According to Fortune, Binance co-founder He Yi has been selected as a Global Outstanding Leader by Fortune. She, along with Zhao Changpeng, co-owns Binance's venture capital arm YZi Labs and holds at least 10% of the shares in Binance's parent company. The article states that He Yi grew up in a poor family, walking to the well to fetch water every day, sometimes relying on a kerosene lamp for light. She lost her father at the age of 9 and spent long hours selling soft drinks outside a supermarket at the age of 16.

According to Wu's report and data from beaconchain, the amount of ETH in the Ethereum validator exit queue has rebounded, with currently 699,600 ETH (worth approximately $3.29 billion) waiting in the exit queue, with an estimated time of 12 days and 4 hours.

Michael Saylor: Wall Street Underestimates the Entire Crypto Ecosystem In an interview with FBN, MicroStrategy CEO Michael Saylor stated that Bitcoin's average annual return has exceeded 50%, and he believes that Wall Street still underestimates the value of the entire crypto ecosystem. As the fourth most profitable financial company in the U.S., MicroStrategy's profitability has entered the ranks of the S&P 500, yet it remains undervalued based on traditional metrics like price-to-earnings ratios. He pointed out that companies that continue to rely on traditional assets like government bonds as capital will lag the market by about 10% annually in capital gains; whereas companies that adopt Bitcoin as part of their capital allocation are expected to outperform the S&P 500 by about 40% each year. He believes that as more companies adopt the "Bitcoin Standard," this model will gradually become the new norm for corporate capital management. Video source:

According to @defioasis data, Hyperliquid (+Unit) user assets have reached approximately $6.2 billion, marking the first time in history that it has surpassed $6 billion. On August 13, there was a net inflow of $395 million in assets on Hyperliquid, setting a new historical single-day net inflow record, which mainly included 30.4 million USDC and approximately $47.6 million worth of ETH.

According to Wu, data from CoinMarketCap shows that the native token SPON of the decentralized computing platform Spheron Network has risen by 36.19% in the past 24 hours, peaking at $0.085, and is currently priced at $0.065, with a market cap of $64 million. Previously, Spheron completed over $7 million in funding in 2023, with investors including ConsenSys Mesh, Protocol Labs, Zee Prime, and others.

Wu reported that Slow Mist's Yu Xian tweeted that user Caroline's frozen 6.2 million USDT on the decentralized RWA trading platform MyStonks mainly came from withdrawals on Binance, with DEX interactions involving STONKS and USDT exchanges. If MyStonks cooperates with law enforcement requests and risk control actions are established, attention should be paid to the target user's fund transactions on Binance.

The official page shows that OKX Wallet has just classified Mystonks org as a high-risk website, stating that the site may pose fraud or other risks, and access to the site has been restricted to ensure asset security. OKX Wallet indicated that this is mainly due to user complaints and recent public opinion events, and access will be restored if the issues are resolved.