Wallets associated with Matrixport have withdrawn approximately 4,000 BTC, valued at $454 million, from Binance over the past 20 hours.

South Korea's regulatory authority has resumed its review of Binance's acquisition of local exchange Gopax after a two-year pause, signaling progress in Binance's efforts to re-enter the Korean market. newsis

Glassnode reports that Bitcoin's recent decline occurred while over 90% of supply remained profitable, predominantly impacting large holders who incurred the most losses. Unlike the FTX and Luna collapses, when less than 65% of supply was in profit, this episode does not signify broad capitulation but appears to be a leveraged event with a different structural profile.

Japan-based Metaplanet's enterprise value has fallen below its Bitcoin holdings, marking a 70% decline since June. The drop indicates decreasing investor confidence in firms with digital asset treasury strategies. bloomberg

The co-founder of Monad has warned users to avoid clicking on advertisements within the official Telegram channel. He identified that malicious actors have purchased ads on Telegram, falsely promoting a token hallmarking portal that mimics the company's official announcement channel. [Cointelegraph]

Tether's CEO announced this week that the company will launch WDK, an open-source wallet development kit. The WDK will include a starter wallet compatible with iOS and Android, demonstrating how users can rapidly develop full-featured digital asset wallets using the toolkit.

Bernstein forecasts that by the end of 2027, the supply of USDC will triple, representing one-third of the stablecoin market. theblock.com

Stablecoins are experiencing a resurgence on exchanges after the recent market decline, with over $3.2 billion entering the sector this week. This marks one of the largest liquidity inflows in the past month, suggesting traders are positioning ahead of the upcoming consumer price index (CPI) release. A lower-than-expected CPI could potentially trigger a market rally.

Gold continues to reach new highs, maintaining a strong correlation with Bitcoin. The notion of digital gold remains relevant, as demand for inflation hedging persists.

Bitcoin has stabilized above the 135-day moving average, according to Glassnode, while the MVRV Young Supply Index has returned to 1.0. This suggests a cooling trend in the market while maintaining its overall structure.

WisdomTree has launched a physically backed Exchange-Traded Product (ETP) for Stellar Lumens (XLM) across Europe. coindesk.com

BlackRock CEO reveals development of proprietary asset tokenization technology, while estimating that digital wallets hold more than $4.5 trillion in cryptocurrencies, stablecoins, and tokenized assets, with expectations of swift market expansion.

S&P Global Ratings is partnering with Chainlink to provide its stablecoin stability assessments directly on blockchain networks.

Circle selects Safe platform as preferred institutional custody provider for USDC stablecoin.

Monad has released MON stamps.

.MON Allocation Criteria: Prominent decentralized exchange traders, including participants on Hyperliquid and Phantom Wallet across spot and perpetual markets; traders engaging with tokens from Pump.fun, Virtuals, and other platforms. Key contributors to leading DeFi protocols such as Aave, Euler, Morpho, Pendle, Lighter, Curve, PancakeSwap, and Uniswap. Long-term holders of various NFTs, including Azuki, Chimpers, CryptoPunks, Doodles, Fluffle, Hypurr, Mad Lads, Meebits, Milady Maker, Moonbirds, Pudgy Penguins, Redacted Remilio Babies, Sappy Seals, Solana Monkey Business, and Wassies.

Brera Holdings, operating under Solmate, has announced the acquisition of $50 million worth of SOL from the Solana Foundation.

A pump and dump pattern has emerged for SAFE following news of a partnership with Circle, according to a Telegram post. Immediately after the announcement, SAFE experienced a surge in purchasing activity; however, this was soon followed by substantial sell-offs, leading to a decline in the token's value. A chart depicting the price movement is available.

Bloomberg – The value of SAFE tokens experienced heightened volatility following news of a partnership with Circle, triggering a rapid surge in buying activity. Shortly thereafter, a sharp sell-off ensued, leading to a decline in the token's price. More details can be viewed on the chart.

The United States is pursuing the forfeiture of 127,271 Bitcoin (valued at $12 billion) associated with a cross-border pig butchering fraud scheme operated by Chinese national Chen Zhi, according to the U.S. District Court for the Eastern District of New York.

DB: The 127,271 BTC the US plans to seize are owned by LuBian, from which hackers stole these Bitcoins in 2020. The coins have remained untouched since then. It is unlikely that the US will succeed in confiscating them.

Earlier: The hackers who targeted LuBian have not yet sold the 127,426 BTC.