During the Bitcoin bear market in August, TradFi perpetual contract trading volume reached more than three times that of native Bitcoin perpetual contracts.

Binance - AKE is currently priced at $0.03474, up 10.53% in the last 24 hours. 24-hour trading volume was $500 million, representing a 45.67% increase. (For reference only.)

The Initia blockchain was attacked, resulting in the unlimited minting of various tokens. The attacker has cashed out approximately $2.6 million. The attacker's Ethereum address, starting with 0xDD9, held approximately 1102 ETH, worth about $2.65 million, with initial funds from Tornado Cash. The attacker's addresses on the Initia blockchain held approximately $4.54 million in assets, including 3 million iUSD, 920,000 USDC, 400,000 AUSD, and 95 ETH.

Tether has frozen $2.2 million in USDT related to the $16 million outflow from CoinDCX. ZachXBT has questioned CoinDCX's claims and pointed out that the affected deposit addresses are still active recently, advising users to withdraw their funds.

David Hoffman, co-founder of Bankless, stated that Bitcoin clones reminiscent of 2017 are experiencing a resurgence in popularity. PRL rose 30% this week, reaching a fully diluted valuation of $4.2 billion; QTC surged 300% this month, reaching a valuation of $1.8 billion with a total supply of 21 million coins.

Analyst Darkfost stated that the largest Bitcoin UTXO spending activity since 2026 has occurred on-chain, with individual UTXOs exceeding $1 million in value totaling over $21 billion and involving more than 230,000 BTC. All these operations originated from the same entity. Of this, approximately $4.6 billion came from long-term holders with holding periods of 1 to 3 years. Darkfost noted that these Bitcoins were primarily transferred between different addresses, with no indication yet of them flowing to exchanges.