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According to Onchain Lens monitoring, a cryptocurrency whale that had been dormant for nearly two years has recently become active again, borrowing 81,640 WETH from the decentralized lending protocols Morpho and Spark, worth approximately 153.6 million USD, to execute arbitrage trades.However, this large transaction did not yield significant profits. On-chain data shows that the arbitrage operation generated only 1.88 USD in revenue, paid 1.53 USD in fees, resulting in a final net profit of only 0.36 USD.

On-chain data shows that three wallets associated with Multicoin currently hold approximately 1.777 million HYPE, valued at about 10.2 million USD.Previously, some related HYPE was transferred to Coinbase Prime and Galaxy OTC, but it cannot be confirmed whether the sale has been completed.

Bitcoin News posted on the X platform that Block has updated its Bitcoin roadmap, launching several features in its products over the past year.Recently launched features include: Cash App supports purchasing Bitcoin via ACH, more readable Bitcoin addresses, paying in USD through the Lightning Network, Square merchants supporting Bitcoin payments and Tap to Pay, 5% Bitcoin cashback, increased withdrawal limits and reduced fees, and open-source mining management through Proto.Features currently under development include: automatic withdrawals to Bitkey, Coin Control, multi-account, and multi-beneficiary inheritance.

The Hong Kong Securities and Futures Commission has published multiple websites impersonating the licensed virtual asset trading platform Hash Blockchain Limited on its official website. It is reported that the relevant websites have been reported by Hash Blockchain Limited as fraudulent sites. At the same time, the Hong Kong Securities and Futures Commission clarified that the relevant websites have no connection with the virtual asset trading platforms licensed by the Commission.

Tether CEO Paolo Ardoino, in an interview with The Block, responded to ongoing criticisms raised after KPMG U.S. completed its first full financial audit. He stated that some critics are unable to admit that their past judgments about Tether were wrong, and said, "Honestly, I don't care." Ardoino mentioned that Tether has repeatedly proven its resilience.He noted that in 2022, Tether processed $7 billion in redemptions within 48 hours, which was about 10% of its reserves at the time, and there was no pause in redemptions during that period. He believes that many traditional financial institutions would struggle to handle withdrawals of a similar scale in such a short time. He also stated that criticism itself is not a bad thing, as it makes Tether better and stronger. Even if some critics view it as a "villain," as long as Tether can continue to serve its claimed 650 million users who rely on USDT, especially in emerging markets, he does not mind.According to informed sources, Tether, as a private company, will not publicly share audited financial statements. The company plans to conduct a full audit once a year in the future while continuing to release quarterly attestation reports. Overall, the KPMG audit is an important step for Tether to enhance transparency, but controversies surrounding its reserves, disclosure levels, and systemic impact have not completely dissipated.

According to the official announcement, Gate has officially launched SOL and XRP event contracts, simultaneously opening multi-cycle rise and fall trading channels. Users can log into the Gate App or the official website and enter the event contract section in the contract area to participate.Event contracts focus on rise and fall prediction trading, requiring no complex parameters such as leverage or margin, making the operational threshold low. The product covers four types of short cycles: 5 minutes, 15 minutes, 1 hour, and 4 hours, currently supporting four major cryptocurrencies: BTC, ETH, SOL, and XRP. Users only need to predict the rise and fall of the asset during the corresponding period, choose to place a bullish or bearish order, and the system will automatically settle at the end of the cycle. Positions can also be closed early for flexible profit-taking and loss-cutting.

According to Binance spot data, the market has seen several tokens experiencing a rise and fall. DODO has dropped 7.13% in the last 24 hours, MOVR has decreased by 8.24%, PROM has fallen by 8.09%, and EDEN has declined by 9.76%.In addition, EUL has reached a new low today, with a drop of 6.87%. MTL and KAIA have both hit new lows for the week, with declines of 7.73% and 5.17%, respectively. LA has also reached a new low today, with a decrease of 6.66%.EDEN has slightly increased by 3.13% within 5 minutes, while TUT has slightly decreased by 3.06%.

The White House announced that U.S. President Trump will impose a 15% ad valorem tariff on drones and parts imported from the European Union, Japan, Liechtenstein, South Korea, and Switzerland.

According to the latest market data from Gate, several stock tokens with high market attention on Gate gStocks performed actively today. Among them, Nebius (NBISG/USDT) rose 22.36% in 24 hours, currently priced at $254.31; SpaceX (SPCXG/USDT) rose 10.49% in 24 hours, currently priced at $147.41; SanDisk (SNDKG/USDT) rose 4.61% in 24 hours, currently priced at $1,363.86. The overall performance of related market targets remains strong, and investor attention continues to heat up.

The decentralized stablecoin USDD announced that it will add TRX exclusive rewards to Pendle's sUSDD market and simultaneously increase the base USDD rewards. The total reward for this event is 21,000 USDD and 12,000 TRX, along with PENDLE tokens worth approximately 30% of the total value of the aforementioned USDD and TRX. The event will take place from August 13th, 8:00 to August 20th, 8:00 (Singapore time).The official statement indicated that Pendle has integrated PT-sUSDD into the PT Looping module, allowing users to further connect to the USDC and USDT markets on the Morpho platform to expand their earning potential. At the same time, they are preparing for the renewal of the sUSDD market with Pendle, and specific arrangements will be announced separately.

The Binance contract platform will launch multiple U-based TradFi perpetual contracts on August 14, including ZHONGJIUSDT, SAMSUNGEMUSDT, HANMIUSDT, LGELECTRONICSUSDT, NAVERUSDT, and KODEX200USDT.The launch times for each contract will be from 10:00 to 10:25, with a maximum leverage of 20 times.

ChianCatcher news, Offchain Labs co-founder Steven Goldfeder tweeted that Arbitrum has been ahead of its time in several aspects. The team strongly advocated for interactive proof design (which was controversial at the time and has now become the standard for optimistic Rollups); chose to establish a business when the business model was still highly controversial; focused on DeFi when most people had not yet understood perpetual contracts and many had given up on DeFi; and launched a dedicated blockchain when the industry generally believed that more chains were unnecessary.Facing backlash each time, but now the industry is aligning with the direction they set from day one: building robust and high-performance financial infrastructure. Goldfeder is proud of the Offchain team for delivering world-class products at an incredibly fast pace and stated that they will continue to deliver, even if most people currently do not understand its necessity; the industry will soon understand.

CoreWeave warns investors that transitioning from NVIDIA chips to other chips will be difficult and may require a significant investment of time and money.

The B.AI platform officially launched the "Recharge for Others" feature on August 12, allowing users to top up platform points for team members or friends with one click. Users can input the recipient's email or on-chain address (compatible with TRON, EVM, and Solana networks) for precise targeting and real-time crediting.In terms of payment channels, this feature has fully integrated with fiat channels such as WeChat, Alipay, UnionPay, Visa, Mastercard, Google Pay, and Apple Pay, while also supporting mainstream cryptocurrency payments. To encourage user adoption, the platform has simultaneously launched a recharge reward campaign: recharging via BNB Chain allows users to receive a 1:1 equivalent point bonus, while other payment methods offer a 1:0.5 reward. Each user can receive up to $100 in additional rewards.

According to Gate market data, the yen suddenly strengthened, causing major non-USD currencies to collectively decline rapidly against the yen. The GBP/JPY fell nearly 80 points in a short time, the EUR/JPY dropped over 60 points in a short time, the CHF/JPY fell nearly 60 points in a short time, the CAD/JPY decreased nearly 50 points in a short time, and the AUD/JPY dropped nearly 40 points in a short time.

Bitget officially launches an institutional-level CFD liquidity solution aimed at quantitative teams, proprietary trading firms, funds, brokers, and high-net-worth professional traders, supporting high-frequency quantitative trading, arbitrage, and automated trading scenarios such as EA. As the demand for execution efficiency, liquidity, and low latency continues to rise among professional trading institutions, this solution aims to provide a more stable and efficient execution environment for large-scale, high-frequency trading.In terms of execution and liquidity, Bitget adopts a 100% STP (Straight Through Processing) model, routing orders directly to external liquidity pools and aggregating multi-tier market depth from global tier-one banks and non-bank market makers to reduce slippage and market impact during the execution of large orders. Meanwhile, trading servers are deployed in core financial data centers such as London LD4 and Tokyo TY3, supporting sub-millisecond order matching through dedicated lines and fiber connections, and providing FIX API to facilitate institutional clients' access to existing trading systems, bridging tools, and liquidity aggregation platforms.In terms of fund management, client assets and platform operating funds are segregated, and asset management transparency is enhanced through independent custody accounts, compliance reviews, and third-party auditing mechanisms. The launch of this institutional-level liquidity solution further improves Bitget's CFD backend trading infrastructure, complementing existing retail products and covering a multi-layer trading demand from ordinary traders to professional institutions.

According to the latest market data from Gate, several stocks in the Gate gStocks token sector performed strongly today. The top three stocks by percentage increase are: SanDisk 2x Long ETF (SNXXG/USDT) up 7.41% in the last 24 hours, currently priced at $9.834, with a trading volume of approximately $202,700; Direxion Semiconductor 3x Short ETF (SOXSG/USDT) up 5.17% in the last 24 hours, currently priced at $43.50, with a trading volume of approximately $52,700; Samsung Electronics (SAMSUNGG/USDT) up 4.81% in the last 24 hours, currently priced at $171.20, with a trading volume of approximately $160,300.

According to Binance spot market data, the market has experienced significant fluctuations. BICO has risen by 12.65% in the last 24 hours and is showing signs of a rebound after hitting a low.At the same time, BIO, MMT, ESP, ROBO, and SNXXB have all shown a "high and then low" trend, with 24-hour declines of 5.15%, 7.75%, 14.15%, 20.07%, and 5.88%, respectively. In addition, GLWB, AXTIB, and IRENB have reached new lows today, with declines of 6.42%, 21.12%, and 8.36%, respectively.

Cleveland Fed President Harmack stated that current inflation has not yet returned to target levels, and the Federal Reserve may need to raise interest rates multiple times. She mentioned that a 25 basis point hike "will not have a significant impact on the economy," but she is unwilling to predict the specific number of rate hikes or the final interest rate level.Harmack believes that the current interest rate range of 3.5%-3.75% has not imposed a significant constraint on the economy, and businesses have not reduced growth investments due to high interest rates, therefore "now is the time to take action."

The insider information about the acquisition of stablecoin infrastructure company BVNK by Mastercard for $1.8 billion has recently been revealed. BVNK's early investment firm Concentric disclosed that during the acquisition bidding process, the U.S. cryptocurrency exchange Coinbase once held an advantage and reportedly made a top bid of $2.5 billion, but ultimately withdrew from the competition due to insufficient strategic and cultural fit between the two parties.Kjartan Rist, founding partner of Concentric, stated that the founding team of BVNK did not only focus on the bid amount when choosing an acquirer, but placed more importance on long-term partnerships and cultural alignment. "Although Coinbase may have offered a higher price, the chemistry between the two parties was not ideal." In contrast, Mastercard, as a traditional financial services company, found it easier to form synergies with BVNK in the areas of payment infrastructure and stablecoin applications.It is reported that Mastercard was involved in the acquisition discussions for BVNK early on, and after Coinbase failed to advance the deal, Mastercard re-emerged as the primary buyer, ultimately completing the acquisition for $1.8 billion.Visa also participated in the competition. Having previously invested in BVNK and holding a board observer seat, Visa once had an advantage. However, Visa ultimately chose not to pursue a direct acquisition, opting instead for an open strategy of collaborating with multiple stablecoin companies.BVNK was founded in 2018 and primarily provides stablecoin payment, cross-border settlement, and fund management infrastructure for enterprises. Its early investor Concentric invested in the company at a valuation of $4 million in 2019, and this transaction has resulted in significant returns.