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Share link:In this post: Lee Eok-won, the nominee for the Financial Services Commission chair, declared his first public stance on virtual assets. Lee believes the youth demographic is increasingly drawn to crypto investments, which could lead to significant financial losses due to their volatile nature. The industry has responded to his stance with ire, as many think it spells doom for the future of crypto in the country.
Share link:In this post: A study warns that stricter immigration enforcement could cost California up to $278 billion in GDP. California’s $49 billion agriculture industry employs a large share of immigrant labor. More than 60% of California’s construction workforce is foreign-born.
Share link:In this post: Russia became the suspect after Von der Leyen’s plane was disrupted by GPS jamming in Bulgaria. GPS interference has surged across Europe since the Ukraine war, affecting flights, ships, and communications beyond border regions. The union will deploy new low Earth orbit satellites and strengthen its own GPS system to counter electronic warfare.
Share link:In this post: El Salvador will host the world’s first government-backed Bitcoin conference in November 2025. The El Salvador event will feature workshops, keynote addresses, and top industry speakers worldwide. Bitcoin is recovering above $109K as investors watch for a possible US Fed rate cut.
- Ethereum's institutional adoption, driven by regulatory clarity and technical upgrades, has attracted $27.6B in ETF inflows by August 2025, surpassing Bitcoin's ETF growth. - Post-CLARITY Act reclassification unlocked $33B in July 2025 alone, with 60% of institutional crypto portfolios now allocated to Ethereum versus 15% for Bitcoin. - Dencun/Pectra upgrades reduced gas fees by 90%, enabling 65,000 TPS and $240B in Layer 2 TVL, while 30% staking participation creates deflationary supply dynamics. - Corp
- 03:21Except for the TOP 2 and TOP 5, the other top 10 WLFI holders have chosen to partially or fully take profits.According to ChainCatcher, monitored by @ai_9684xtpa, among the top 10 WLFI holders, 80% have chosen to partially or fully take profits, with only the TOP2 and TOP5 holders yet to transfer or sell any tokens. The TOP1 holder, moonmanifest.eth, has chosen to retain the vast majority of tokens. Although the notional profit from their 1 billion tokens has seen a significant pullback as the price of WLFI declined, at the current price of $0.2318, the holdings are still worth $230 million.
- 03:21Sky Protocol: $5.5 million used in August to buy back 73 million SKYOn September 2, Sky Protocol posted on Twitter that in August, the protocol spent a total of 5.5 million USDS on token buybacks, repurchasing a total of 73 million SKY tokens. Since the launch of the buyback program, the protocol has spent nearly $75 million on buybacks.
- 03:1680% of the TOP10 individual WLFI holders have chosen to partially or fully take profitsAccording to Jinse Finance, on-chain analyst @ai_9684xtpa has monitored the selling activity of the top 10 individual WLFI holders as follows: 80% of holders have chosen to partially or fully take profits, with only TOP2 & 5 having not transferred or sold any tokens. The TOP1 holder, moonmanifest.eth, has chosen to retain the vast majority of their tokens. Although the notional profit of their 1 billion tokens has seen a significant pullback as WLFI declined, at the current price of $0.2318, the holdings are still worth $230 million. The TOP6 holder, convexcuck.eth, sold $3.8 million worth of WLFI to 36 buyers via Whales Market, making them likely the main force in WLFI OTC trading on the platform.