ETH falls below the $3800 mark

[Lombard Finance Acquires Avalanche Cross-Chain Bitcoin Asset BTC.b] Bitcoin DeFi protocol Lombard Finance has acquired Avalanche's cross-chain Bitcoin asset BTC.b from Ava Labs. BTC.b, launched in 2022, currently has a market capitalization of approximately $502 million and has been integrated into multiple DeFi protocols such as Aave, BENQI, and LFJ. Under the new arrangement, BTC.b will continue to operate on the Avalanche platform, with its contracts, name, and integrations remaining unchanged, while transitioning to Lombard's technical infrastructure. Ava Labs stated that this move will help them focus on their core business.

[On-Chain Economic Scale Surpasses $20 Billion, Fee Growth Indicates Industry Entering Maturity] Venture capital firm 1kx has released the 'On-Chain Revenue Report for the First Half of 2025,' showing that the on-chain economic scale has reached $20 billion and is exhibiting a rapid growth trend. The report analyzes that on-chain fees have become a key indicator for measuring real market demand, with DeFi protocols accounting for 63% of total fees. Emerging sectors are performing remarkably well: wallet revenue increased by 260% year-on-year, consumer applications grew by 200%, and DePIN networks surged by 400%. Ethereum's overall market share has declined, but the number of ecosystem protocols has expanded eightfold compared to 2021. The report highlights a mismatch between market capitalization and actual revenue, with DeFi project market caps being 17 times their revenue, while public chain valuations are as high as 3,900 times. 1kx predicts that by 2026, total on-chain economic fees will reach $32 billion, a year-on-year growth of 63%. With regulatory improvements and infrastructure development, the on-chain economy is entering a mature stage driven by usage, revenue, and value.

[Report: Social Engineering Scams to Account for 40.8% of Crypto Security Incidents by 2025, Becoming the Main Threat] The 2025 annual security report released by crypto exchange platform WhiteBIT reveals that social engineering scams (such as fake investments, identity impersonation, etc.) have become the primary security threat in the crypto industry, accounting for 40.8% of all security incidents throughout the year. Technical wallet attacks (including phishing, malware, and keyloggers) rank second, with a share of 33.7%. Additionally, over 10% of scams are carried out via instant messaging platforms like Telegram, with common forms including "spamming scams" and fake channels. WhiteBIT's compliance team pointed out that most threats stem from "human behavioral vulnerabilities" rather than technical flaws, and recommended users take measures such as enabling two-factor authentication, verifying URLs, refraining from sharing sensitive information, and prioritizing secure exchanges and cold wallets for asset storage. The report also mentioned that in the first half of this year, crypto-related crimes resulted in losses of nearly $2.5 billion, with the Bybit hacking incident causing approximately $1.5 billion in damages, believed to have been orchestrated by North Korea's Lazarus Group.

Binance ASTER is currently priced at $0.8861, with a 13.13% drop over 24 hours. 24-hour transaction volume of 1.4 billion US dollars, an increase of 22.71%, for reference only

A research report from Citizens Bank indicates that merger and acquisition activities in the digital asset industry are accelerating, with expectations for further growth. With the passage of the GENIUS Act (Stablecoin Regulations) and the anticipated introduction of the CLARITY Act (Market Structure), the U.S. regulatory environment is shifting from 'hostile' to supportive, driving banks, payment processors, and asset management companies to integrate blockchain infrastructure. The report mentions that Mastercard is in talks to acquire ZeroHash for up to $2 billion, while Coinbase is nearing completion of a similar-scale acquisition of London-based company BVNK. The market capitalization of stablecoins has grown from $250 billion to approximately $315 billion and is expected to surpass $1 trillion in the future. Citizens Bank predicts that by 2030, the tokenized market could generate nearly $100 billion in annual revenue.