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On August 28, 2025, the second Asia Bitcoin Conference grandly opened in Hong Kong, attracting top figures from the global virtual currency industry to gather together.
On August 29, 2025, the Ethereum Foundation announced the suspension of public grant applications for its Ecosystem Support Program (ESP).
Bank of China (Hong Kong) Limited (referred to as "BOCHK") has officially announced that it will apply for a stablecoin issuance license, aiming to become one of the first approved institutions.
Share link:In this post: ZachXBT leaked a spreadsheet exposing over 200 crypto influencers paid to promote a project without disclosure. Only five out of 160+ who accepted the deal labeled their posts as ads. Prices ranged from $750 to $60,000 per post, with wallet addresses publicly listed.
Share link:In this post: BRC20 has officially upgraded to “BRC2.0” at Bitcoin block height 912690, opening the door to decentralized apps and DeFi on Bitcoin. Developers will be able to use Ethereum-style smart contracts on Bitcoin, while still being able to use Ethereum tools. 64% of the NFT market’s total sales since 2017 are based on Ethereum.
Share link:In this post: Sonic Labs secured 99.99% support from participating wallets to issue $200 million worth of its S tokens. Sonic intends to allocate $100 million for a Nasdaq-listed PIPE vehicle. The firm will also change its gas mechanism.
Bank of China shares soared after reports of a Hong Kong stablecoin license application. Hong Kong’s strict regime, drawing interest from global firms, highlights Asia’s push toward non‑USD stablecoins and booming investor appetite.
- 15:42Analysis: Employment Data Revisions Boost Fed Rate Cut ExpectationsAccording to ChainCatcher, citing Golden Ten Data, Michael James, Managing Director of Equity Trading at Rosenblatt Securities, stated that the revision of U.S. employment data has further fueled expectations of a Federal Reserve rate cut. He pointed out that more information will be obtained from the Consumer Price Index (CPI) on Thursday morning, and the significant decline in labor force growth further indicates that the Federal Reserve will begin its rate-cutting cycle later this month. This expectation has led to an overall better performance in the stock market this morning.
- 15:38The U.S. Department of Justice seeks to confiscate over $5 million worth of bitcoin stolen in multiple SIM swap attack cases.Jinse Finance reported that the U.S. Department of Justice has filed a civil forfeiture lawsuit against more than $5 million worth of Bitcoin (BTC). U.S. Attorney Jeanine Ferris Pirro announced that these funds are allegedly the proceeds of multiple SIM swap attacks targeting victims across the United States. According to the indictment, these funds can be traced back to the theft and unauthorized transfer of cryptocurrency from the wallets of five victims, with the thefts occurring between October 29, 2022, and March 21, 2023.
- 15:23SlowMist: DuckDB NPM account compromised, risk prevention advisedAccording to ChainCatcher, 23 pds, Chief Information Security Officer of SlowMist Technology, posted on X platform that the DuckDB NPM account has been compromised, and malicious versions such as duckdb and duckdb-wasm have been published. These malicious softwares are consistent with wallet-stealing malware found in supply chain attacks. Please be aware of the risks and take precautions.