📊 Arbitrum Security Council Member: Aave is Too Loose with Liquid Staking Tokens

Griff Green, a member of the Arbitrum Security Council, asserts that lending protocols like Aave are too lenient with liquid staking tokens, neglecting significant technical risks. He emphasizes that the primary threat is not smart contract bugs but operational security issues, such as leaked private keys. With North Korean hackers increasingly employing social engineering tactics, the crypto industry must urgently enhance its security standards to align with those of established tech companies.

🐳 Whales/institutions are accumulating $HYPE.

Wallet 0xb5E4 has received 1.22M $HYPE ($52.28M) from Wintermut, GalaxyDigital, #OKX, Bybit, Gateio, and Kraken over the past 3 weeks.

🕵️ It seems that Tom Lee's Bitmine bought another 40,000 $ETH for $94.68M eight hours ago.

💰 Colombian President Petro Says Caribbean Region Could Become Bitcoin Mining Hub

Colombian President Gustavo Petro stated that Venezuela and Paraguay are drawing bitcoin mining investments due to their abundant clean energy resources. He suggested that Colombia’s Caribbean region could similarly develop as a bitcoin mining hub.

Petro cautioned that virtual currencies reliant on fossil fuels could exacerbate global warming and emphasized the importance of engaging with the Wayúu indigenous community to make them co-owners of potential mining projects.

📊 Privacy trading infrastructure Gh0st announced that it has officially launched on the BNB Chain.

The Gh0st privacy stack utilizes complex orchestration across dozens of wallets to break the link between a user’s main wallet and trade execution. This feature allows individuals to move in silence and eliminate copy trading by controlling how their on-chain activity is observed.

🐳 A whale deposited $2.1M $USDC into HyperLiquid to increase its $HYPE holdings.

The whale currently holds 82,772 $HYPE worth $3.6M, with a floating profit of ~$144K.

🗣 Trump stated that the U.S. attempt to open the Strait of Hormuz will be paused as negotiations with Iran continue. #macro

🕵️ Vitalik Buterin: Why Consortium Blockchains Have Almost Completely Failed

Ethereum co-founder Vitalik Buterin declared the original vision of consortium blockchains a failure in a July 20, 2024 Arbitrum video. He noted that these private chains inherit the drawbacks of both centralized and decentralized systems, resulting in cartel-like structures devoid of real openness or privacy.

As a viable alternative, Buterin proposed retrofitting existing centralized servers with cryptographic scaffolding—anchoring proofs and Merkle roots on-chain to enhance security without overhauling current infrastructure.

😱🤑 Fear & Greed Index for #BTC

🗣 #XRP CEO of Ripple states that the market structure bill is not yet a "done deal," despite reaching a compromise on stablecoins.

According to TD Cowen, the debate over stablecoin yields could delay the passing of the cryptocurrency market bill, with no compromise reached yet. #stablecoin

👮 CFTC Intends to Strengthen Protections for Software Developers That Do Not Custody Assets - The Block #regulation

🆕 $WIF listed on Upbit spot (KRW)

🆕 $EDGE listed on OKX spot

🥷 #ZRO Kelp DAO claims that LayerZero employees approved the setup of a 1-of-1 verifier. This verifier was later identified by LayerZero as the cause of the $292 million hack of the rsETH bridge. #hack

📊 #BTC CME Group to launch BTC volatility futures.

🕵️ Solana Foundation and Google Cloud Launch AI Agent Payment Gateway

Solana Foundation announced a partnership with Google Cloud to launch a payment gateway for AI agents. This gateway enables access to and payment for APIs via Solana wallets using stablecoins on a pay-per-call basis, without requiring accounts or subscriptions. The system supports integration with Google Cloud services including Gemini, BigQuery, Vertex AI, and Cloud Run, as well as over 50 third-party APIs, allowing for pay-per-use and multi-service selection through a unified API marketplace. #ai

🐳 The whale "0x0a8" further withdrew 9,288 $ETH ($21.94M) from Bybit. The whale now holds 27,098 $ETH ($64M).

Address: 0x0a89A70Ed887D949A7781826441C2c6A4764d908

🆕 $BILL listed on Bybit futures

📊 BTC Breaks $81K as Dominance Rises, but Altcoins Show Early Stabilization

Trading volumes for altcoins on Binance are showing signs of gradual recovery. Their share relative to the combined #BTC and #ETH volumes on Binance has increased from 31% to 49%.

📊 #RWA Head of Digital Assets Department for Treasury and Trading Solutions at Citi stated that tokenized money will not fully realize its potential if it remains confined to a single bank's systems and does not operate across multiple institutions.