24-Hour Hot Coins and News | Jack Ma indirectly holds ETH; Trump delivers live speech, dispelling rumors of critical ill

1. Popular CEX currencies

Top 10 CEX trading volume and 24-hour price changes:

• BTC: +1.82%
• ETH: -0.21%
• SOL: +5.04%
• XRP: +2.44%
• BNB: +0.27%
• WLFI: -10.32%
• DOGE: +1.25%
• ADA: +3.21%
• LINK: +3.38%
• SUI: +2.85%

24-hour price increase list (data source: OKX):

• MERL: +35.86%
• AERGO: +13.51%
• PUMP: +11.65%
• MKR: +9.31%
• CFG: +8.71%
• ZBCN: +8.7%
• ONDO: +7.79%
• PENGU: +7.69%
• LRC: +7.37%
• WIF: +7.32%

2. Top 5 popular memes on the chain (data source: GMGN ):

• SRPEPE
• RYS
• AOA
• GOLD
• GROKAN

3. 24-hour hot search currencies

BGB: Bitget announced an exclusive strategic partnership with Morph, a consumer-grade public blockchain. Its platform token, BGB, will be upgraded to the Morph ecosystem’s gas token and governance token. All 440 million BGB tokens managed by the Bitget team will be transferred to the Morph Foundation. Of these, 220 million will be destroyed in a single transaction, while the remaining 220 million will be locked and unlocked at a rate of 2% per month.

Headlines

Yunfeng Financial, in which Jack Ma holds an indirect stake, has purchased 10,000 ETH, with a total investment cost of US$44 million.

Yunfeng Financial announced that its board of directors has approved the purchase of ETH on the open market as a reserve asset. As of the date of this announcement, the group has purchased a total of 10,000 ETH on the open market, with a total investment cost (including fees and expenses) of US$44 million. The purchase was funded from the group’s internal cash reserves, and the ETH purchased is included as an investment asset in the group’s financial statements. (Jinshi)

According to public data, Alibaba founder Jack Ma indirectly holds approximately 11.15% of Yunfeng Financial’s shares through Yunfeng Fund, 29.85% of Yunfeng Financial Holdings Co., Ltd., and 40% of Shanghai Yunfeng Capital (without voting rights).

Trump appeared at the White House as scheduled, breaking rumors of critical illness

According to CNBC live broadcast content, 49 minutes after the agreed time, Trump appeared on the live screen, breaking the rumors of his critical illness.

US SEC and CFTC Joint Statement: Registered Exchanges Can Offer Some Spot Cryptocurrency Trading

美国证券和 Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) jointly issued a statement clarifying that exchanges registered with the two agencies are not prohibited from offering trading in certain spot crypto assets. SEC Chairman Paul Atkins stated that market participants should have the freedom to choose their trading venues. CFTC Acting Chairwoman Caroline Pham stated that the government had previously sent misleading signals regarding digital asset regulation, creating the impression that innovation was unwelcome, but that this phase has ended. This statement is seen as a significant step forward in the SEC and CFTC’s efforts to coordinate regulation and expand market choice under the “Crypto Project” and “Crypto Sprint” initiatives.

Industry News

Trump: If tariff ruling goes against us, we will have to refund trillions of dollars

US President Trump: If the tariff appeal is rejected, I will be forced to withdraw the tariffs. If the tariff ruling goes against us, we will have to refund trillions of dollars. The tariff ruling has no legal basis. If the tariffs are removed, we may end up becoming a third world country.

Nearly 600 economists sign open letter in support of Fed’s Tim Cook

After former US President Donald Trump attempted to fire Federal Reserve Governor Lisa Cook over allegations of mortgage fraud, leading economists expressed support for Cook. Nearly 600 economists signed an open letter in support of Cook, arguing that the bar for removing Federal Reserve governors is extremely high and that elected officials should avoid actions or statements that could undermine the central bank’s independence.

Project News

BGB upgraded to Morph public chain token, destroying 220 million at one time

Bitget announced an exclusive strategic partnership with Morph, a consumer-grade public blockchain, to accelerate BGB’s on-chain applications and ecosystem expansion. BGB will be upgraded to the Morph ecosystem’s gas token and governance token. BGB will also continue to play a role in partner ecosystems, including exchanges and wallets, offering core functions such as participation in launchpools and fee discounts.

Under this partnership, all BGB tokens governed by the Bitget team will be transferred to the Morph Foundation, totaling 440 million. Of these, 220 million will be destroyed in a single transaction. The remaining 220 million will be locked and unlocked at a rate of 2% per month to be used for liquidity incentives, use case expansion, and education. Furthermore, the Morph Foundation will update the BGB destruction mechanism, tying it to the activity of the Morph chain until the total supply of BGB drops to 100 million.

Michael Saylor: Strategy Bitcoin Returns 25.7% So Far This Year

After disclosing an increase of 4,048 BTC, Strategy Executive Chairman Michael Saylor posted on the X platform that the company’s Bitcoin return so far this year is 25.7%. As of September 1, the total Bitcoin holdings reached 636,505, with an average purchase price of US$73,765.

BONK.fun will integrate streaming platform Kick and open live streaming function

BONK.fun announced on the X platform that it will natively integrate with the streaming platform Kick. This integration will allow creators to live stream on Kick and display their live content in the BONK.fun user interface, while also being able to live stream on mainstream platforms.

Investment and Financing

Kite AI Completes $33 Million in Funding, Led by PayPal and General Catalyst

According to Fortune magazine, artificial intelligence blockchain startup Kite announced that it has completed a total of US$33 million in financing. The latest Series A financing amount reached US$18 million. PayPal and General Catalyst led the investment, and 8 VC, Samsung Next, SBI US Gateway Fund, Vertex Ventures, Hashed, HashKey Capital, Dispersion Capital, Alumni Ventures, Avalanche Foundation, GSR Markets, LayerZero, Animoca Brands, Essence VC, and Alchemy participated in the investment.

Cleancore Solutions plans to raise $175 million to support DOGE treasury strategy

Cleancore Solutions, a NYSE-listed company, announced it has entered into a securities purchase agreement to raise $175 million through a private placement of shares through a private equity (PIPE) arrangement to support its DOGE treasury strategy. The transaction reportedly involves participation from over 80 institutional and cryptocurrency-native investors, including MOZAYYX, Pantera, GSR, FalconX, Borderless, Mythos, and Serrur & Co. LLC. The offering is expected to close on or about September 4, 2025, subject to customary closing conditions, including but not limited to approval by the New York Stock Exchange.

Tron Inc. secures $110 million in investment to expand its TRX token treasury

Nasdaq-listed Tron Inc. announced it has secured $110 million in funding to expand its TRON (TRX) token treasury, bringing its TRX treasury value to over $220 million. The investment came from the exercise of warrants by its largest shareholder, Bravemorning Limited, which granted Tron Inc. an additional 312,500,100 TRX tokens.

Stablecoin project Reflect Money completes $3.75 million seed round of financing, led by CSX

Stablecoin project Reflect Money announced the completion of a $3.75 million seed round of financing, led by CSX Accelerator under a 16 z crypto, with participation from Solana Ventures, Equilibrium, BigBrain Holdings and Colosseum.

Security incidents

A user on Venus Protocol lost approximately $27 million due to a phishing scam . Venus helped recover the money.

According to PeckShieldAlert, a Venus Protocol user lost approximately $27 million to a phishing scam. The user approved a malicious transaction granting token transfer authority to the attacker’s address (0x7fd8…202a). Previous reports from security agencies regarding the Venus Protocol attack may have been false.

According to an official announcement, as of 5:58 AM Beijing time today, Venus Protocol has fully recovered, with withdrawal and liquidation functions reactivated. Officials stated that approximately $27 million in lost funds, resulting from a user mistakenly granting malicious trading permissions on BNB Chain, has been successfully recovered under the protocol’s protection.

Character*Voice

CZ: BNC, a listed company, currently has the world’s largest BNB reserves

Binance co-founder CZ posted on the X platform that BNB adoption is rapidly expanding, and Nasdaq-listed BNC (BNB Network Company, formerly known as CEA Industries Inc.), with the support and investment of YZi Labs, currently has the world’s largest BNB reserve.

Earlier news, BNB Network Company disclosed that its total BNB holdings have reached 388,888.

This article is sourced from the internet: 24-Hour Hot Coins and News | Jack Ma indirectly holds ETH; Trump delivers live speech, dispelling rumors of critical illness (September 3)Recommended Articles

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