链捕手ChainCatcher

Author: 0xFacai

Abraxas Capital is a name that feels both familiar and unfamiliar.
Yes, because it often appears in reports about on-chain detection accounts. Once, it moved tens of thousands of ETH; another time, a funds redemption directly drained liquidity. These actions are easy to notice.
Unfamiliar, because this institution hardly manages a public presence. It has no confirmable X account, and no employees post opinions on Twitter. Most people come to know them through labels attached next to addresses on on-chain data platforms.
From TradFi to Crypto
Abraxas’ starting point was traditional finance. Both founders, Fabio Frontini and Luca Celati, previously worked at Deutsche Kleinwort Wasserstein Bank. In 2002, the two founded Abraxas Capital Management in London, initially focusing on global macro trading. In 2017, the company shifted its focus to digital assets.

ChainCatcher message: Ethereum staking protocol Lido, in a post on the X platform, said that the stETH rebase has been completed as expected and that it has also topped up the ETH yield that was omitted due to insufficient calculations. The corresponding annual percentage rate (APR) is approximately 2.29%. In addition, the protocol’s oracle has been updated and passed an audit. The new version will improve report-processing speed and help identify the root cause faster if similar issues occur in the future.
Regarding the observed anomalies in yield calculations, Lido stated that contributors are still conducting root-cause analysis. More investigation details will be published in the official forum and on social media platforms later. Throughout the entire incident, users’ funds have never been at risk. At this preliminary stage, Lido believes the issue may stem from a specific edge case: the yield report omitted a validator that was in a pending deposit state, resulting in some staking rewards not being included in the calculations. Lido said that a complete incident post-mortem report will be released in the coming days to further explain the cause, the remediation measures, and follow-up improvement plans.

Author: Steven, Payment 201

Recently, I chatted with several friends in the payments industry and found a very interesting contrast.
In the past few years, many people’s impressions of India in China have often come from business news. In many people’s understanding, India is a market with huge opportunity, but also extremely complex. After Chinese companies entered India, many of them went through varying degrees of adaptation: the regulatory environment, local business rules, and operating culture all differ significantly from China’s market. So many people’s first reaction is: the India market is big, but it’s hard to do. It isn’t another China.

ChainCatcher message, citing Fortune: the Trump administration has invested about $26.7 billion in roughly 30 equity or quasi-equity transactions. The largest single deal involves a 9.9% stake in chipmaker Intel, currently valued at about $42 billion. Other investments include $400 million in rare-earth miner MP Materials, the “golden share” retained when Nippon Steel acquired U.S. Steel, and multiple equity investments in several quantum computing companies.
Reports say these holdings are spread across at least four agencies: the Department of Commerce (17 deals), the Department of Defense (7), the U.S. International Development Finance Corporation (DFC, 6), and the Department of Energy (2). Only the DFC has explicit statutory authority for equity investments (established by Congress in 2018 for overseas development projects).

By Wenser, Odaily Planet Daily

The bearish market crash wave is still spreading. In just a week, two major crypto exchanges have announced shutdowns one after another.
On the morning of July 26, BitMart, a second-tier crypto platform, published an official statement saying that after careful assessment of the company’s operating conditions, the market environment, and its future strategic direction, it has decided to orderly cease operations of its trading platform: it will stop all trading services on August 26; and it will stop platform operations on January 31, 2027.
On July 23, BitMEX, the pioneer of crypto perpetual contracts, officially announced that it would stop new user registrations effective immediately, and would formally close on September 23, 2026, with many prominent crypto OGs—including CZ—posting messages expressing regret and reluctance to say goodbye. In early July, AscendEX (formerly BitMax) also announced it was stopping operations, citing MiCA regulation, market factors, and financial operating pressure as the reasons provided by the official.