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In small and fragmented markets, focus on retention first before discussing growth.
Before the UST crash in 2022, Do Kwon had prepaid half of the payment for a 700-square-meter penthouse, but ultimately failed to complete the purchase.
Quick Take Summary is AI generated, newsroom reviewed. Jim Cramer says September is “normally weak” for markets, sparking XRP price speculation. Crypto Twitter predicts XRP hitting $5, requiring a 78% surge from its current $2.81. Historical data shows no guaranteed September crash—average S&P 500 decline is modest. XRP’s legal status remains unsettled due to SEC lawsuit since 2020.References Reference on X
Eightco Holdings announced that it will implement a "first-of-its-kind" strategy to purchase Worldcoin, and has currently raised approximately 270 million USD in funds.
Although the PUMP token will not be unlocked until July 2026, there is still significant growth potential in the future.
Satoshi Nakamoto's prophecy is coming true: these lost coins are actually donations to all holders, making the remaining Bitcoin even scarcer and more valuable.
- 03:38Virtuals Protocol: Temporary Security Maintenance CompletedJinse Finance reported that Virtuals Protocol has completed a five-hour emergency security maintenance, and all websites are now back online. After a comprehensive security scan and upgrade cycle, Virtuals Protocol confirmed that there are no risks or vulnerabilities related to the recent attack on a well-known developer's NPM account.
- 03:32Hong Kong law enforcement arrests two criminals for electricity theft in virtual currency mining, potentially facing serious criminal charges with a maximum imprisonment of 5 yearsAccording to ChainCatcher, citing Hong Kong media outlet on.cc, Hong Kong law enforcement authorities have arrested two local men suspected of installing mining machines in a care home for the disabled in Cheung Sha Wan to mine virtual currencies, resulting in additional losses of up to HK$9,000 for the facility. The two individuals have been temporarily charged with electricity theft, and the case is still under investigation. It is reported that electricity theft is considered a serious crime in Hong Kong. According to the Theft Ordinance, anyone who dishonestly uses electricity without proper authorization, or dishonestly causes electricity to be wasted or diverted elsewhere, is committing a crime and may face up to 5 years of imprisonment.
- 03:24Data: The crypto market generally rises, with the AI sector up over 14%, while only the SocialFi and CeFi sectors decline.ChainCatcher News, according to SoSoValue data, most sectors in the crypto market have generally risen. Among them, the AI sector increased by 14.38% in the past 24 hours. Within the sector, Worldcoin (WLD) continued to surge, with a 24-hour increase of 53.82%. In terms of news, Nasdaq-listed company Eightco plans to raise $250 million to establish a Worldcoin reserve. Meanwhile, OpenLedger (OPEN), which was launched yesterday, soared by 650.60%, and KAITO rose by 45.91%. In addition, the SocialFi and CeFi sectors fell by 0.23% and 0.33% respectively. Within the SocialFi sector, Toncoin (TON) dropped by 0.65%, while in the CeFi sector, Hyperliquid (HYPE) defied the trend and rose by 7.16%, reaching a new all-time high. In other sectors, the NFT sector rose by 4.34%, with Pudgy Penguins (PENGU) up 10.57%. The Meme sector increased by 3.75%, with Bonk (BONK) up 8.89%. The Layer2 sector rose by 3.50%, with Optimism (OP) up 3.39%. The DeFi sector increased by 2.53%, with MYX Finance (MYX) surging by 235.49%. The PayFi sector rose by 2.05%, and the Layer1 sector increased by 1.48%. According to the crypto sector indices reflecting historical sector performance, the ssiAI, ssiDePIN, and ssiNFT indices rose by 15.48%, 6.33%, and 6.32% respectively.