status

According to Bitsmedia, the State Duma of Russia has passed a law in its third and final reading that clearly outlines the procedures for the confiscation and freezing of cryptocurrencies in criminal cases.The bill confirms the legal status of cryptocurrencies as property and requires detailed documentation of asset types, quantities, and wallet addresses during confiscation. The bill allows confiscated cryptocurrencies to be transferred to a designated state wallet and authorizes government agencies to cooperate with foreign exchanges to implement confiscation measures. The bill still requires approval from the Federation Council and the president's signature, and will take effect 10 days after its official publication.Previously, the Constitutional Court of Russia had allowed citizens to protect their digital currency rights in court, even if not declared to the tax authorities.

According to Cointelegraph, based on Eleanor Terrett's report, the "Digital Asset Market Transparency Act" will treat XRP, SOL, LTC, HBAR, DOGE, and LINK on par with BTC and ETH. The act applies if these digital assets become underlying assets for exchange-traded products before January 1, 2026.

Solana Status has issued an urgent notice on the X platform, recommending all mainnet beta validators to use version v3.0.14. This version includes a series of critical patches applicable to both staked and unstaked nodes.

According to Cointelegraph, Coinbase CEO Brian Armstrong recently stated that Bitcoin helps the dollar maintain its status as the global reserve currency in a "peculiar way." He believes that Bitcoin provides healthy competition for the dollar, becoming a market balancing force against excessive inflation and deficit spending.The U.S. national debt is nearing $38 trillion, growing by $6 billion every day. Although the Trump administration has established a strategic Bitcoin reserve, it is currently only hoarding confiscated Bitcoin.

Hyperliquid officially clarifies a recent article that made false accusations against it, claiming that Hyperliquid has issues with solvency, integrity, and transparency. The responses to the 10 specific allegations are as follows:System under-collateralized by $362 million: False. The author of the article ignored HyperEVM USDC (parallel to the Arbitrum bridge), with the current total USDC amount being $4.351 billion.Manipulating trading volume through TestnetSetYesterdayUserVlm: False. This is only a testnet feature and cannot be called on the mainnet.Certain users have privileges, such as fee waivers or manipulation affecting airdrops: False. All fees, balances, and transactions are visible on-chain, with no distortion mechanisms.CoreWriter "God mode" can mint, transfer funds, etc.: False. This is a way to send HyperCore operations to HyperEVM smart contracts, with no described privileges.Governance can freeze the chain, with no revocation function: Misunderstanding. Freezing is used for network upgrades, similar to hard forks on other chains. During the POPCAT event in November 2025, L1 was not frozen, only the Arbitrum bridge was automatically locked as a security measure.A single private key can instantly set oracle prices: Misunderstanding. The HIP-3 oracle is configured by the deployer and can use MPC, etc. The perpetual contracts operated by validators use a weighted median price, with no delays to ensure security.Eight undisclosed addresses control all transaction submissions: False. Some transactions have been sent directly by validators, and future upgrades will include MEV and anti-censorship mechanisms.The liquidation cartel has an unfair advantage: Misunderstanding. Only HLP can back liquidations, and deposits are permissionless, with most liquidations processed through the order book.Hidden lending protocols involving over $1 million in funds: False. Portfolio margin, lending, and HLP are publicly announced pre-alpha versions, with documentation on file.ModifyNonCirculatingSupply can change token supply: False. The HIP-1 token supply is fixed, and this function is only for display purposes, not affecting execution.

According to official social media news, the fifth episode of "Huobi Executives Face to Face" will be broadcast today at 19:00 (UTC+8). This episode is themed "From Copy Trading to Annual Growth: Analyzing the Present and Future of HTX Contract Business," and will feature a dialogue with YOYO, the head of Huobi HTX contracts, providing a comprehensive review of the market performance of Huobi HTX contract business in 2025, as well as exclusively revealing the strategic layout and key development directions for contract products in 2026.

Recently, Ms. Yu and her husband transferred 250 yuan in pocket money to each other through China Construction Bank, with the note "This week's Dogecoin," which led to an investigation by the bank and the locking of their accounts. The couple received calls from bank staff to verify their relationship and the reason for the transfer note, stating that the note triggered "virtual currency control," and their accounts would be set to a "no deposit, no withdrawal" status.The staff at the bank where Ms. Yu opened her account informed her that to unlock the account, she needed to submit her husband's bank statement for the past few months. After approval, she would then need to write a commitment letter, promising that the previous transactions were not related to virtual currency and that they would not participate in virtual currency transactions in the future. However, her husband strongly opposed the direct restriction on account usage and was negotiating with the staff at his bank. In response, China News Weekly called the China Construction Bank customer service for consultation, and the staff stated that they had not received any information regarding virtual currency control and suggested consulting the relevant branch for specific details.Subsequently, China News Weekly inquired at the branch of China Construction Bank in Tianjin where Ms. Yu opened her account, and the staff claimed they were unaware of the situation. Meanwhile, the staff at her husband's branch in Dalian stated that if the account involved virtual currency transactions, the bank would impose "no deposit, no withdrawal" control on the account. If the transfer note specified "Dogecoin," they would need to provide materials to prove that the note was unrelated to virtual currency. However, the issue lies in how to prove this; if only the bank statement is available, it cannot serve as valid proof. Therefore, such controlled accounts cannot be unlocked and can only be canceled.As for the specific regulations, the other party did not provide a clear response. Currently, Ms. Yu has submitted her husband's bank statement and a handwritten commitment letter and is applying to lift the account restrictions. Meanwhile, her husband's bank staff responded that after submitting their marriage certificate, they could apply to lift the restrictions. According to Xinhua News Agency, the China Internet Finance Association and six other associations jointly issued a risk warning, requiring all member units not to participate in virtual currency, real-world asset token issuance, and trading activities within the country, and reminding the public to discern risks and stay away from illegal activities.

According to market data, the USDX plummeted significantly to $0.314 early this morning and has currently rebounded to $0.74, still maintaining its decoupled status.

According to Jin Ten, Allianz Investment's Global CEO Pross stated that they like gold and pointed out that the dollar's reserve status is being tested.

ChainCatcher news, according to The Block, at this week's Zebu Live conference in London, the UK's cryptocurrency regulatory environment sparked heated discussions, with industry dissatisfaction over the lack of a clear framework and slow regulatory progress.Consensys senior legal advisor Bill Hughes spoke passionately, expressing concerns that the UK's Financial Conduct Authority (FCA) would still "take a heavy-handed approach" to cryptocurrency regulation, which he believes has caused the UK to lose its status as a cryptocurrency hub, allowing the US to take the lead. He argued that treating all cryptocurrencies as financial instruments and applying all rules would severely hinder the UK's competitiveness.He pointed out that there are significant differences between the UK and the US in cryptocurrency regulation; the US aims to provide space for the development of blockchain technology, while the UK focuses on risks and uncertainties. He emphasized that policies supporting innovation are the wise choice.When asked what framework would best support blockchain innovation in the UK, he cited the US as an example, noting that it recently passed federal stablecoin legislation and is also making efforts regarding market structure.

ChainCatcher news, South Korea will remove cryptocurrency trading and brokerage businesses from the list of industries prohibited from obtaining venture capital status. The Ministry of SMEs and Startups announced on Tuesday that the Cabinet approved the revision of the Enforcement Decree of the Special Act on Promoting Venture Enterprises. These revisions will take effect on September 16, paving the way for cryptocurrency-related companies to obtain venture capital company certification, enabling them to better access funding and government support.By lifting restrictions, South Korea aims to cultivate blockchain and cryptocurrency technology as a deep tech field within a broader digital asset ecosystem. South Korea's Minister of Science and ICT, Lim Hyesook, stated, "This is part of ensuring a future growth engine that aligns with global trends. We will concentrate policy resources to ensure that venture capital flows smoothly into emerging industries and support their development."

ChainCatcher news, according to Jinshi reports, Federal Reserve's Kashkari expressed satisfaction with the U.S. maintaining its reserve currency status, stating that the U.S. remains the most competitive economy in the world. The current balanced level of the job market may be 75,000 jobs per month. The latest data indicates that the economy is slowing down and moving towards a soft landing.

According to ChainCatcher news, Zhitong Finance reported that Tianfeng Securities released a research report stating that Trump is considering new candidates for the Federal Reserve chair, raising concerns in the market about the "independence" of monetary policy. If Trump nominates a Federal Reserve chair with MAGA characteristics and close personal ties, it could have four impacts: increased risk of stagflation; heightened fiscal concerns; weakened dollar status and capital flight; and for the market, it could lead to a "triple kill" of U.S. stocks, bonds, and currency.

According to ChainCatcher's message, monitored by on-chain analyst Ai Yi, only 3 out of the top 20 positions in Hyperliquid are in a profit state, while the remaining 85% are in a loss state; this portion includes some hedge fund addresses, so its reference value is limited. However, when expanding the scope to the top 100 positions, only 34 addresses are in a profit state.