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August 13th Midday Update: Key Developments at a Glance

2025-08-13 14:08:52

Binance Alpha will list TCOMGlobal (TCOM) on August 15th

according to the official announcement, Binance Alpha will list TCOMGlobal (TCOM) on August 15th. Eligible users can go to the Alpha activity page to receive airdrops using Binance Alpha points after Alpha trading is opened. Specific details will be announced separately.

2025-08-13 14:08:50

A whale transferred 290,000 LINK from Binance, equivalent to approximately $7.08 million.

according to Onchain Lens monitoring, a whale that had been silent for 2 years transferred 290,000 LINK from Binance 19 minutes ago, worth approximately $7.08 million.

2025-08-13 14:08:48

Odin.fun Lianchuang: The company's funds are insufficient to cover losses, and the remaining funds on the platform are safe.

On August 13th, odin.fun co-founder responded to the previous theft incident on the X platform, stating "A major vulnerability was discovered in its latest liquidity AMM (Automated Market Maker) update. Some malicious users (mainly associated with criminal gangs in China) exploited this vulnerability to steal a large amount of BTC from the platform. The specific amount of BTC lost is still being assessed, and the company's funds are insufficient to cover the losses. The remaining funds on the platform are secure. We have identified several groups that have profited from this vulnerability and will pursue them and file lawsuits (especially considering the amount of evidence we have, including the activity in their wallets)."

2025-08-13 14:08:46

Huang Licheng, known as "Big Brother Maji," has closed his long positions in ETH and HYPE, with a total profit of $33.83 million.

according to Onchain Lens monitoring, "Brother Ma Ji" Huang Licheng has closed his ETH and HYPE long positions, with a total profit of 33.83 million US dollars.

2025-08-13 14:08:43

Ethereum's market capitalization exceeds $550 billion, reaching a new high since November 2021

according to the latest data from Coingecko, the market value of Ethereum has exceeded 550 billion US dollars, currently reaching 557,560,207,678 US dollars, with a 24-hour increase of 7.9%, hitting a new high since November 2021. In addition, the current ETH price has reached $4,625.28, with a trading volume of $56,292,437,815 in the past 24 hours, and the total liquidation amount for long and short positions has reached $271 million, with the main liquidation being short positions.

2025-08-13 12:06:38

Arthur Hayes added $1.46 million to his ENA holdings

 according to on-chain analyst Ai Yi (@ai_9684xtpa), Arthur Hayes added $1.46 million worth of ENA, and has invested a total of $11.258 million in purchasing $ETH ecosystem tokens since 08.10.

2025-08-13 12:06:37

Belarus' Central Bank drafts rules to allow cryptocurrency payments

 according to BelTA, the National Bank of Belarus has prepared a series of government decisions aimed at breaking through the cryptocurrency market in Belarus. Belarusian Prime Minister Roman Golovchenko reported to President Alexander Lukashenko that they have made specific proposals to include cryptocurrencies and digital financial assets in financial policy. These proposals have received preliminary support from the president, and specific draft regulations are also ready. Lukashenko asked for opinions on how to further develop Belarus's relatively lagging cryptocurrency market while listening to the report.

2025-08-13 12:06:35

Solana co-founders evaded Burwick Law's Pump Fun lawsuit nine times

Anatoly Yakovenko, co-founder of Solana Labs, has successfully evaded being served with a lawsuit against him by Pump Fun nine times. The lawsuit accuses him of involvement in the fraudulent "casino" business of the meme coin platform.

2025-08-13 12:06:33

The Federal Reserve will start cutting interest rates in September, with a total of 75 basis points expected to be cut three times

 Nomura's economists predict that the Federal Reserve will start cutting interest rates in September due to a weak labor market and reduced inflation risks, with the first rate cut expected to be 25 basis points, followed by one cut each in December and March of the following year. Although the median expectation of analysts is a 25 basis point rate cut in the next three months, economists have differing views on the timing of the rate cuts.

2025-08-13 12:06:31

Nakamoto CEO: Trump's shift in stance on Bitcoin has nothing to do with making money

 Nakamoto CEO David Bailey said he never believed that US President Donald Trump changed his stance on Bitcoin (BTC) because he or his family could profit from cryptocurrency.

2025-08-13 12:06:29

Crypto fintech company Antalpha's second-quarter revenue growth accelerated to 49% year-on-year

 the crypto financial technology company Antalpha has released its unaudited financial performance for the second quarter and six months ending June 30, 2025. Revenue growth accelerated to 49% year-on-year in the second quarter, and during the same period, Antalpha introduced key leadership teams and collaborated with Tether Gold to build a more resilient fund management strategy, advancing the expansion of its U.S. business."

2025-08-13 12:06:28

BNB breaks through $840

 the market showed BNB breaking through $840, now at $840.36, with a 24-hour increase of 3.5%. The market is volatile, please manage risks.

2025-08-13 12:06:26

USDC Treasury destroys 55 million USDC on the Ethereum chain

according to the on-chain data tracking service Whale Alert, around 11:46 am Beijing time, USDC Treasury destroyed 55,000,000 USDC on the Ethereum chain.

2025-08-13 12:06:24

Hong Kong-listed cryptocurrency ETFs strengthened, with Hua Xia's Ethereum rising over 6%.

 as of the time of publication, Huaxia Ethereum (03046.HK) rose by 6.45%, Jiashi Ethereum (03179.HK) rose by 5.74%, and Boshi Ethereum (03009.HK) rose by 5.54%.

2025-08-13 10:08:39

US spot Bitcoin ETFs saw a net inflow of $66.32 million yesterday

according to TraderT monitoring, the net inflow of the US spot Bitcoin ETF was $66.32 million yesterday.

2025-08-13 10:08:34

SharpLink's Ethereum holdings exceeded 600,000, with an additional 5,226 holdings an hour ago.

according to Lookonchain monitoring, SharpLink (SBET) increased its holdings by 5,226 ETH worth $23.1 million one hour ago. SharpLink currently holds 604,026 ETH worth $2.69 billion, ranking second in institutional Ethereum holdings.

2025-08-13 09:57:57

All three major U.S. stock indices rose by more than 1%

 US stock market index has expanded, with all three major stock indices rising more than 1%, and the Nasdaq rising 1.2%.

2025-08-13 09:57:55

Odin.fun suspends trading due to suspected vulnerability

On August 13th, Odin.fun, a Bitcoin ecosystem trading platform, announced the suspension of trading to verify recent platform withdrawal situations, and will inform users of the progress of the investigation. According to feedback from community members, the odin.fun platform appears to have a vulnerability, with around 60 BTC abnormally transferred. Earlier on April 14th, developer Bob Bodily liquidated all assets on the Odin platform, suspected to have been stolen. Trading and withdrawals were suspended on that day to confirm the extent of the hacker attack.

2025-08-13 09:57:53

White House: Trump considering suing Powell over Fed building renovations

White House spokesperson Levitt said on Tuesday that President Trump is considering suing Federal Reserve Chairman Powell for his management of the renovation of the Federal Reserve headquarters in Washington. President Trump earlier posted on social media mentioning this potential move, increasing the ongoing pressure from Trump on Powell to lower interest rates.

2025-08-13 09:57:52