Compiled by: liec, ChainCatcher
Important Information:
- Tom Lee's FutureCrest Acquisition files for IPO, looking to raise up to $250 million
- Bitcoin's illiquid supply exceeds 14.3 million, a record high
- Bitcoin mining difficulty increased by 4.89% to 136.04 T, setting a new high
- Binance Alpha and Binance Futures will list Avantis (AVNT) on September 9th
- Michael Saylor joins the Bloomberg Billionaires 500 Index for the first time, with his net worth surging by $1 billion since the beginning of the year.
- Ark Invest increased its holdings of 388,045 shares of Ethereum treasury company BMNR this week.
- Japanese Prime Minister Shigeru Ishiba officially announced his decision to resign as president of the Liberal Democratic Party
- Bitmine's Ethereum holdings are approximately $8 billion, up 124.1% in the past 30 days.
Yesterday's important data :
Bitcoin's illiquid supply exceeds 14.3 million, a record high
According to CoinDesk, in late August, the illiquid supply (the amount of Bitcoin held by entities with almost no spending history) exceeded 14.3 million BTC, a record high.
Bitcoin mining difficulty increased by 4.89% to 136.04 T, setting a new high
According to CloverPool data, the difficulty of Bitcoin mining ushered in a mining difficulty adjustment at block height 913,248, with the mining difficulty increased by 4.89% to 136.04 T, setting a new high.
Bitmine's Ethereum holdings are approximately $8 billion, up 124.1% in the past 30 days.
According to data from strategythreserve, the treasury companies and institutions with significant changes in Ethereum holdings in the past 30 days are as follows:
- Bitmine Immersion Tech (BMNR) ranks first, currently holding 1.87 million ETH, worth approximately $8 billion, and its holdings have increased by 124.1% in the past 30 days;
- SharpLink Gaming (SBET) ranks second, currently holding 837,000 ETH, worth approximately $3.59 billion, with a 60.4% increase in holdings over the past 30 days.
- The Ether Machine (ETHM) ranks third, currently holding 495,000 ETH, worth approximately $2.12 billion, with a 43.4% increase in holdings over the past 30 days.
- The Ethereum Foundation ranked fourth, holding 229,600 ETH, worth approximately $984 million, with a 1.3% decrease in holdings over the past 30 days.
- ETHZilla (ETHZ) ranked eighth, holding 102,200 ETH, worth approximately $438 million, with a 24.4% increase in holdings over the past 30 days.
- FG Nexus (FGNX) ranked fourteenth, holding 48,400 ETH, worth approximately US$207 million. Its holdings increased by 656.9% in the past 30 days.
Yesterday's project updates :
The new Binance Alpha airdrop will start at 18:00, and the first stage threshold is 238 points.
Binance Wallet announced that the Binance Alpha airdrop will open for a new round of claims at 6:00 PM today. The specific projects have not been disclosed. The airdrop will be distributed in two phases: the first (first 18 hours) will allow users with at least 238 Binance Alpha Points to claim; the second (last 6 hours) will allow users with at least 220 Binance Alpha Points to claim.
Binance Alpha and Binance Futures will list Avantis (AVNT) on September 9th
According to official news, Binance Alpha will launch and open trading of Avantis (AVNT) at 21:00 (Eastern Time) on September 9, 2025.
In addition, Binance Futures will launch the AVNTUSDT perpetual contract at 23:00 (GMT+8) on September 9, 2025, with a maximum leverage of 50x.
Saros (SAROS) has been listed on Binance Alpha
Saros (SAROS) is now listed on Binance Alpha.
Eligible users can use Alpha Points to claim the 100 SAROS token airdrop on the Alpha event page within 24 hours after the transaction begins.
According to Cointelegraph, Michael Saylor's net worth has soared by $1 billion since the beginning of the year, and he was included in the Bloomberg Billionaires 500 Index for the first time, ranking 491st with an estimated net worth of $7.37 billion, an increase of 15.80% since January 1.
During the same period, shares of Strategy (MSTR) have risen nearly 12%, according to Google Finance, which tracks the net worth of the world's 500 richest people. Michael Saylor holds about $650 million in cash, with the remaining $6.72 billion held in Strategy stock.
Linea: Liquidity incentive program will distribute 160 million LINEA tokens next week
Linea officially announced that next week the Linea Ignition liquidity incentive program will distribute 160 million LINEA tokens as incentives, compared to the original plan of 150 million.
The total rewards for USDC, USDT, and ETH in the Aave and Euler lending pools are 128 million LINEA tokens, and the total rewards for trading using Etherex (trading pairs include USDC/ETH, WBTC/ETH, USDT/ETH, ETH/REX) are 32 million LINEA tokens.
Stablecoin infrastructure company Paxos has submitted a proposal to launch USDH, a compliant stablecoin within the Hyperliquid ecosystem, in compliance with the GENIUS Act and MiCA regulatory standards. The announcement indicates that 95% of the interest generated by USDH reserves will be used to repurchase HYPE tokens and distribute them to users, validators, and partner protocols.
The National Natural Science Foundation of China releases research projects related to stablecoins
The National Natural Science Foundation of China has released the third emergency management project of 2025, "Research on Global Stablecoin Risk Governance and Cross-border Collaborative Regulatory System." The project states that stablecoins, as digital assets designed to anchor the value of fiat currencies or specific assets, have become a core bridge connecting traditional finance and the crypto ecosystem due to their potential for efficient cross-border liquidity. Their scale and influence pose a profound challenge to the current international monetary system and global financial regulatory framework.
Ark Invest increased its holdings of 388,045 shares of Ethereum treasury company BMNR this week.
Tom Lee, chairman of Ethereum treasury company BitMine (BMNR), reposted a message on the X platform stating that Cathie Wood's Ark Invest increased its holdings of BMNR by another 388,045 shares through its exchange-traded funds on September 5. Data from the Ark Invest Tracker also revealed that Ark Invest's three ETFs now hold $267 million worth of BMNR shares: ARKK (valued at $178.6 million), ARKF (valued at $31 million), and ARKW (valued at $57.7 million).
Tom Lee's FutureCrest Acquisition files for IPO, looking to raise up to $250 million
According to Renaissance Capital, FutureCrest Acquisition, a blank check company (SPAC) led by BitMine Chairman Tom Lee, filed documents with the US Securities and Exchange Commission (SEC) on Friday, planning to raise up to $250 million through an initial public offering (IPO). The company plans to raise funds by issuing 25 million units at $10 per unit. Each unit consists of one common share and one-quarter of a warrant, exercisable at $11.50 per share.
Yesterday's investment and financing dynamics
Egyptian blockchain fintech company Munify announced the completion of a $3 million seed round of financing, with participation from strategic investors such as BYLD and Grayscale's parent company Digital Currency Group. The company uses blockchain technology to provide individuals and businesses with instant multi-currency sending and receiving services, and has launched virtual cards backed by stablecoins. Its business currently covers the United States, the United Kingdom, Europe and the Gulf Cooperation Council (GCC) member states. The new funds will be used to expand into other markets and expand the compliance team.
Yesterday's Regulatory & Policy Updates
SEC and CFTC may establish joint committee to end cryptocurrency regulation dispute
According to TheBlock, the draft market structure bill proposed by the U.S. Senate proposes the establishment of a joint committee of the SEC and the CFTC to end the dispute over cryptocurrency regulation. The draft includes providing protection for decentralized finance (DeFi) developers, clarifying the regulatory treatment of airdrops, and exempting decentralized physical infrastructure networks (DePINs) from securities laws.
The bill also calls for the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) to establish a Joint Advisory Committee on Digital Assets to coordinate their differing approaches to digital assets. The SEC and CFTC have recently deepened their collaboration on cryptocurrency regulation and plan to hold a public roundtable on September 29th to discuss "Priorities for Regulatory Coordination." SEC Chairman Paul S. Atkins and Acting CFTC Chairwoman Carolyn D. Farm said in a statement, "By collaborating and aligning our regulatory frameworks, the SEC and CFTC can reduce unnecessary barriers, improve market efficiency, and create space for innovation. Our shared goal is to ensure that the United States maintains its leadership in global capital markets."
Japanese Prime Minister and Liberal Democratic Party President Shigeru Ishiba held an emergency press conference at the Prime Minister's Office and announced his decision to resign as president of the Liberal Democratic Party. According to the Japan Broadcasting Association earlier that day, Ishiba Shigeru has decided to resign as prime minister and is expected to formally announce his resignation at the press conference.
Shigeru Ishiba was elected president of the Liberal Democratic Party last September, and his term is due to end in September 2027. In the House of Representatives election held last October, the ruling coalition of the LDP and Komeito lost a majority. The ruling coalition also lost a majority in the House of Councillors election held in July of this year. The LDP convened a plenary session of both houses on the 2nd of this month to review the reasons for its defeat in the July Senate election. At the meeting, Ishiba apologized for the election loss and stated that he had no intention of clinging to the prime ministership and would make an appropriate decision at the appropriate time.
The Singapore Police Force released fraud and cybercrime statistics for the first half of 2025. The data showed that Singaporeans lost approximately S$456 million to fraud, approximately S$66 million less than the previous year. The number of fraud and cybercrime cases decreased by 21.5% to 22,476, compared to 28,625 in the same period last year.
Cryptocurrency-related fraud accounted for nearly 18% of total losses, totaling S$81.6 million, primarily involving Tether, Bitcoin, and Ethereum. The Anti-Fraud Command also recovered S$56.7 million, including S$17 million in cryptocurrency, and worked with partners to prevent an additional S$179 million in potential losses.
Meme Hot List
According to the Meme token tracking and analysis platform GMGN market data, as of 09:30 on September 7 :
The top five popular Ethereum tokens in the past 24 hours are: Xiaobai, MEMELESS, NEOP, HYPER, and CRAI
The top five Solana tokens in the past 24 hours are: LIFE , LILPEPE , DeepSeekAI , LBRETT , and CR7.
The top five popular tokens in the past 24 hours are: SINGULARITY , ZORA , OWLS, SAPIEN, UST
"What are the interesting articles worth reading in the past 24 hours"
Revisiting the Venus attack: Founders phished, thieves liquidated
From signature to financial ruin, just six seconds. A compromised video client handed over administrative access to a wallet worth $13 million to a patient attacker. Most phishing stories end there— the whale suffers, the attacker disappears, and Twitter taunts the victim for a week. But this time, the thieves' plan was far more ambitious than a simple "clean spree."
What happens when stealing millions of dollars isn't enough?
August 5, 2024, September 2024, and April 2025, these plunges have tested my faith, but I am still accumulating chips to meet higher prices.
Why? Because I know this bull market will ultimately end with a massive "pump top"—a peak that will induce fear of loss (FOMO) before the actual peak arrives. My entire analytical framework is built around sentiment reversals: rapid shifts from uncertainty and anxiety to extreme euphoria. Crypto market makers are well versed in exploiting retail investor sentiment. The high volatility associated with the rally, combined with the bullish narrative, will boost market confidence, expand risk appetite, and ultimately, create a frenzy.
Unveiling the ETH Holdings List: Who Owns the Most ETH in 2025?
Approximately 61% of all ETH is held by just 10 addresses, but most of these belong to staking contracts, exchanges, or funds, not individual whale. Nearly half of all ETH is held in a single smart contract: the Beacon deposit contract, which powers Ethereum's proof-of-stake system. Large institutions like BlackRock and Fidelity, as well as publicly traded companies, now hold millions of ETH, making it a significant reserve asset. ETH ownership has shifted away from early adopters. Now, everything depends on the platforms and services built on top of it.
August DApp Report: On-chain activity cools down, while NFT continues to recover
On-chain activity may have cooled slightly in August, but the story beneath the surface is quite different. DeFi TVL hit a new all-time high, institutions entered the market en masse, NFTs heated up again, and AI dapps developed rapidly, even as the hype cycle shifted. At the same time, security incidents reminded us that the industry is still a work in progress.
The data clearly shows one thing: Web3 isn't standing still. As we head into autumn, the bull run is gaining momentum. This isn't just reflected in speculation, but also in adoption, innovation, and actual capital flowing into the chain.
