Circle and Tether are being questioned by DeFi risk management company LlamaRisk because their bug bounty programs are "seriously inadequate," with the highest amount not exceeding $10,000.

 according to on-chain analyst OnchainLens (@OnchainLens), a newly created wallet once again withdrew 7,766 ETH from OKX, worth $34.02 million. The wallet currently holds a total of 15,543 ETH, worth $68.41 million.

Citibank analyst Jin-Wook Kim said that South Korea's commitment to invest $350 billion in the United States could put pressure on the South Korean won. Learning from the lessons of the 1997-1998 financial crisis, South Korea is unlikely to use its $416 billion in foreign exchange reserves, so public institutions may need to raise $20-30 billion in foreign currency each year. The remaining $86-96 billion in financing may need to rely on the bond market. Large-scale bond issuance may push up financing costs and put pressure on the South Korean won. Even if private companies share some of the financing burden, the decrease in the proportion of US export income converted into South Korean won due to US investment may also bring depreciation risks. Citibank expects South Korea to ask the United States to provide solutions for potential foreign exchange shocks and seek to extend the deadline for investment commitments. 

 according to zoomer, after news emerged that another competitor tried to "bribe" voters, the probability of NATIVE MARKETS winning the bid for USDH on Polymarket skyrocketed to 90%.

7:00-12:00 Keywords: Hyperliquid, Strategy, Brian Quintenz

David Duong, research director of Coinbase, tweeted that we believe that the technical requirements of the crypto treasury will continue to provide sustained support for the crypto market in the short term, but the DAT (Digital Asset Treasury) phenomenon has reached a critical turning point. We are no longer in the early adoption phase of the past 6-9 months, but we also do not believe that we are close to the end. Instead, we have entered what is known as the PvP stage. This is a competitive stage where success increasingly depends on execution, differentiation, and timing, rather than simply copying a strategy playbook.

 according to Bitcoin.com News, Coinbase's second layer scaling solution Base is set to launch its first token SYND on the DEX platform Aerodrome through Syndicate on September 17th.

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as reported by Cointelegraph, Litecoin rose by 5.5% as more than 1,000 LTC wallets accumulated 181,000 tokens in a single day. This trend may be driven by positive news, including the ETF application submitted by Grayscale and MEI Pharma allocating $100 million to Litecoin.

the US August CPI data will be released tonight at 20:30, with the market expected to rise slightly. If it exceeds expectations, it may pose a dilemma for Powell on the issue of interest rate cuts. 

 according to TraderT monitoring, the net inflow of the US spot Ethereum ETF was 171.68 million US dollars yesterday.

 according to on-chain analyst Onchain Lens (@OnchainLens), a cryptocurrency wallet received 99,675 SOL tokens from FalconX exchange in the past 4 hours, worth approximately $22.3 million.

according to on-chain analyst Yu Jin monitoring, SharpLink Gaming received $379 million in stablecoins in the past 45 minutes, and then transferred these funds to GalaxyDigital's OTC wallet, or is preparing to continue buying ETH through GalaxyDigital.

 according to @mlmabc monitoring, Anchorage has recently been buying a large amount of HYPE through Bybit, mainly on behalf of a16z. Last week, Anchorage bought 1.428 million HYPE (about 79 million US dollars). Today, Anchorage has withdrawn 455,000 HYPE (about 25.3 million US dollars) from Bybit, and transferred 210,000 HYPE (about 11.7 million US dollars) to a newly created wallet, which is likely owned by a16z. Currently, the a16z address holds a total of 1.638 million HYPE (about 91 million US dollars), which is one of the important driving factors for the recent rise in HYPE.

the DeFi protocol Nemo on Sui released an incident report, stating that due to security vulnerabilities in the contract with the flash_loan and get_sy_amount_in_for_exact_py_out functions, attackers were able to exploit them, resulting in approximately $2.59 million in asset losses. The attack originated from the developer launching new features without a thorough audit and failing to promptly fix known risks. The main funds were transferred to Ethereum through a cross-chain bridge, the core functions of the protocol have been frozen, a vulnerability patch has been submitted for urgent audit, and the team is currently devising user compensation and asset tracking plans.

 according to Cointelegraph, WLFI supported by Trump is collaborating with Bonkfun and Raydium to launch "Project Wings", offering promotional rewards for $1 trading pairs on Bonkfun to support the wider adoption of stablecoins and the activity of the Solana ecosystem.

according to Trader T's monitoring, the net inflow of the US spot Bitcoin ETF was $741.79 million yesterday.

11 hours ago, Arthur_Hayes withdrew 579,000 ENA from #Binance, about $473,000.

 there is an old saying on Wall Street that September is often the worst month of the year for the US stock market, a view supported by data over the past several decades. However, history may not repeat itself this month as the Federal Reserve policymakers seem prepared to continue cutting interest rates at their upcoming meeting. "Expectations of a rate cut by the Fed later this month may help reverse this trend," strategist Nathaniel said. "When the Fed cuts rates in a non-recessionary environment, returns in September tend to be higher." According to data analyzed by Welnhofer, the S&P 500 index has averaged a 1% decline in September since 1971, but when the Fed cuts rates in a non-recessionary economy, the index has averaged a 1.2% increase in September. The most recent exception to the September curse occurred last year when Fed officials cut rates by 50 basis points and the S&P 500 index rose 2% that month. 

Polygon Foundation has announced the completion of the update for the final confirmation issue of transactions, the hard fork has been successfully completed, and milestones and status synchronization are now proceeding normally. Checkpoints are being processed, and the final confirmation of the Polygon PoS consensus has been fully restored. On the 10th, the Polygon Foundation stated: "There is a temporary delay in final confirmation. Although the blockchain is still running continuously, and blocks and checkpoints are being generated, due to the milestone issue, there is a delay of 10 to 15 minutes in final transaction confirmation. A solution has been found and is being deployed to all validator nodes and service providers."