PANews

PANews reported on September 1, citing The Block, that Cathie Wood's Ark Invest bought $37.4 million worth of Block Inc. stock and $3.4 million worth of Circle stock on Monday. On that day, Block Inc.'s share price fell 1.85% to $82.02, while Circle's share price surged 9.65% to $95.55.

In an exclusive interview, Binance founder Changpeng Zhao recalled details including writing the first draft of his autobiography in prison and having only 15 minutes of computer access. The fine increased from $800 million to $4.3 billion, while his sentence changed from home confinement to four months; even with only 14 days left until the end, he was still handcuffed. He said the fine imposed significant responsibility on the industry; when Bitcoin fell to $16k after the collapse of FTX, shouldering this responsibility benefited the industry. After the regulatory shock, he became even more convinced of “financial freedom,” but freedom remains fragile and requires compromise—absolute freedom is impossible.

PANews reported on September 1 that, according to monitoring by on-chain analyst Ai Yi, 5,000 ETH from an address suspected to belong to Justin Sun had been redeemed from Lido. Of this, 3,500 ETH flowed to Poloniex and then into a hot wallet address (purpose unknown), while 1,500 ETH was deposited into Morpho. Justin Sun still holds more than 243k ETH on-chain (worth over $600 million), ranking fourth among entities holding ETH and surpassing the Ethereum Foundation.

In an exclusive interview, Binance founder Changpeng Zhao recalled his journey from rural Jiangsu to a fortune worth hundreds of billions, and proposed four financial principles: don’t buy stocks, don’t speculate in real estate, don’t trade crypto, and don’t hold excessive cash. He emphasized the importance of holding Bitcoin long term and warned that cash depreciates; in 2013, he sold his house and invested all the proceeds in Bitcoin, which once fell by two-thirds, but he held on. In 2017, he founded Binance, which became the world’s largest crypto exchange within five months. In 2023, he was sentenced to four months in prison for violating US law, and last year received a pardon from Trump; his net worth is approximately $114.6 billion. He said success depends on luck, but the key is continuing to make the right decisions and correcting mistakes quickly.

Strategy has written to MSCI, opposing the proposal to exclude "non-operating companies" from the global investable market index, calling it a misguided and discriminatory direction. It pointed out that MSCI had previously proposed a similar exclusion of companies holding more than 50% of their assets in digital assets in 2025 and later withdrew it, now repackaging old ideas. It emphasized that it is an operating company, reports its Bitcoin business by operational segment, has approximately 1,500 employees globally, and is committed to creating shareholder value through Bitcoin. It warned that while this proposal may not directly impact its business, it would damage MSCI's reputation as a neutral index provider.

PANews, September 1 - According to on-chain analyst Yu Jin, following the news release about Hyperliquid planning to enter the U.S. market, an address transferred 488.6k HYPE (worth $40.91 million) that it had accumulated through FalconX five months ago into Hyperliquid and staked it. These HYPE were priced at around $35 five months ago and currently have an unrealized profit of $23.73 million (+138%).

PANews disclosed that Injective suspended operations for about 4 hours due to a binary options vulnerability. An attacker exploited a deactivated but still registered oracle Frontrunner to create 299 markets and trigger a "no price refund" mechanism, obtaining approximately $4.9 million and converting USDC into about 1,980 ETH, which is currently stored in an Ethereum wallet with no outgoing transactions. After the incident, the official account continued to post marketing content on X, while the core chain code was set to private. The attacker discovered the vulnerability through a public SDK, which excluded white hats and audits. The funding gap has been filled at the protocol level, but the repair process lacked governance voting and public explanation. The attacker is currently consolidating funds in one wallet, suspected of weighing white hat proposals. The author claims to hold long positions in INJ.

Informed sources said Anthropic has reached a $35 billion cloud computing agreement with Lambda, a cloud service provider backed by Nvidia. The data center will be built by Hut 8 in Nueces County, Texas, with the leasing rights owned by Nvidia. Lambda will use the center and purchase Nvidia chips, while Nvidia is also an investor in Lambda. This model helps Anthropic obtain computing power while bringing Lambda a major order.

PANews reported on September 1 that, according to monitoring by Onchain Lens, a wallet possibly belonging to Bitmine received and accumulated 20k ETH from FalconX (approximately $49.42 million).

PANews, September 1 — According to Lookonchain monitoring, Pump.fun sold another 132.94k SOL ($13.75 million) 9 hours ago. As of now, Pump.fun has cumulatively sold 5.11M SOL ($834.3 million) at an average price of $163.2.񎟙

PANews, September 1 — Crypto In America reported that a bipartisan group of former SEC and CFTC officials, including former CFTC Chairman Chris Giancarlo, warned in a comment letter that incorrectly drawn regulatory boundaries could continue pushing markets offshore, arguing that similar risks should receive similar regulatory treatment. The CFTC is seeking to introduce perpetual contracts in the United States, after Trump said that the CFTC Chairman was working to bring Hyperliquid to the United States. Kalshi estimates that offshore perpetual contract trading volume exceeded $90 trillion in 2025.
Former CFTC Chairman Giancarlo said: “A $90 trillion market is not a puzzle to be solved, but a market awaiting a sensible U.S. rulebook.” A draft rewriting the SEC’s crypto custody rules has been submitted for White House review, and the “Reg Crypto” proposal has entered public opi

PANews, September 1 — Dragonfly partner Omar Kanji announced on X that today is his last day at the firm. He said that after joining in 2022, he experienced the collapse of FTX, the run on SVB, and USDC’s depeg firsthand, but it was precisely during the industry’s darkest period that Dragonfly supported the outstanding founders who now define the industry. He thanked the Dragonfly team and the founders he had worked with, and said he was excited about the future. Omar Kanji did not disclose his next move, but said he would share more information later.

PANews, September 1—Bitfinex wrote in an analysis that despite tightening macroeconomic conditions, Bitcoin remained stable above $77,100. After Fed Chair Warsh’s hawkish speech in Jackson Hole last week, BTC fell back from above $81,000, but August’s gains were driven primarily by spot buying rather than excessive leverage—open interest rose gradually, the basis remained relatively restrained, U.S. spot Bitcoin ETFs recorded nearly $1 billion in net inflows last week, and Ethereum investment products saw net inflows of $815.7 million for 10 consecutive days.
On the macro front, U.S. PCE inflation was 3.7%, core inflation was 3.3%, private demand grew at an annualized rate of 4.2% in the second quarter, and the deficit reached $1.8 trillion in the first 10 months of the fiscal year. Warsh confirmed that the 2% inflation target is a hard constraint, and the market raised the probability of a September rate hike to 57%. Bitfinex believes that ETF and stablecoin flows

PANews, September 1 — Anza, the core client development team for Solana, announced that it is progressively removing floating-point arithmetic from the Solana core protocol. The first phase, SIMD-0391, was activated on Mainnet Beta at epoch 1026, replacing floating-point arithmetic with fixed-point arithmetic in the warmup and cooldown logic of the Stake Program and validator clients. The second phase, SIMD-0607, has been proposed and entered review, targeting the runtime itself to remove floating-point arithmetic from the inflation rewards and rent calculation paths.
Anza stated that floating-point arithmetic may produce different rounding results across different hardware, validator clients, and compilers, potentially leading to consensus divergence and network liveness risks. The two improvements eliminate these risks by standardizing fixed-point arithmetic. The team will continue addressing floating-point arithmetic in other paths.

PANews reported on September 1 that Ontology posted on X stating that the team discovered a potential security risk during a routine security check and has paused mainnet block production to conduct a comprehensive security review. Ontology emphasized that no security incident has been confirmed at this time, user assets have not been affected, and ONT, ONG, and other on-chain assets are not affected based on the current assessment. The pause is a precautionary security measure, not a response to confirmed asset losses or an ongoing attack. The resumption time has not yet been determined, and the team will prioritize ensuring the review is thorough.

Author: a16z crypto
Compiled by: Foresight News TechFlow
Deep Tide Introduction: Argentina is one of the markets with the highest cryptocurrency adoption rates in the world, but what is truly worth noting is not just the inflation-hedging narrative. After the crisis eased, stablecoin usage did not fade; instead, it solidified into a habit. This is a sample that cannot be ignored when understanding stablecoin stickiness, dollarization trends, and the direction of the payments sector in emerging markets.
Where in the world are people using cryptocurrency? How are they using it? Let’s start with Argentina. One in every 5 people there uses cryptocurrency, making it one of the countries with the highest rates in Latin America.
It all happened quickly. In 2024, downloads of Argentina’s top 15 crypto apps nearly doubled, increasing 93% from the previous year.
Argentinians’ preference for the US dollar predates cryptocurrency. From 2001 to 2002, the government

PANews reported on September 1 that, according to monitoring by on-chain analyst Emmett Gallic, addresses linked to the OFAC-sanctioned North Korean hacking organization Lazarus Group have recently continued to actively transfer more than $30 million through Hyperliquid (HyperUnit). After the funds reached Hyperliquid/HyperUnit via Bitcoin, Bitcoin was exchanged for ETH and SOL, which were then bridged to Tron, Solana, and Ethereum, and ultimately deposited into KuCoin, Lbank, Kraken, and multiple unlabeled Tron-chain services. One fund cluster (with approximately $30 million in inflows) can be traced to addresses already tagged as Lazarus, while another cluster (with approximately $5 million in HL trading volume) has source addresses in dormant mode, address type, and counterparties.

PANews, September 1 — According to The Block, the seven-day average fees denominated in SOL on the Solana network reached nearly 9,200 SOL on Thursday (August 27), setting a new all-time high and rising more than 80% from three months ago. The seven-day average of non-vote transactions reached 191 million, also setting a new all-time high, compared with just 88 million during the same period last year. Jito validator fees averaged 2,073 SOL per day over the past week, up 26% month-over-month, directly reflecting increased on-chain activity.
Meanwhile, the SGP-0002 “Double Deflation Proposal” passed with 67.001% support and a 60.7% voter turnout, setting a new all-time high for participation in Solana on-chain governance. The proposal will double the annual inflation reduction rate from 15% to 30%, with the issuance of approximately 18.9 million fewer SOL expected over the next six years. This means staking yields will fall from the current approximately 5.25

PANews, September 1 — According to The Block, OpenSea has officially launched Solana NFT trading, more than four years after first supporting it in beta in April 2022. Users can now buy, sell, and trade Solana NFT collections on OpenSea, including Mad Lads, Collector Crypt, and Phygitals. Solana is the first non-EVM-chain NFT trading network added by OpenSea since the end of its beta, whereas nearly all of the networks it previously supported were EVM-compatible chains, including Ethereum, Polygon, Arbitrum, Optimism, Avalanche, Base, Monad, Sei, and Berachain. OpenSea resumed support for Sol through OS2 in April 2025.