1. BitMEX officially shut down today At 12:00 noon Beijing time today, BitMEX officially stopped all trading services, and the remaining positions were closed by the system. Users can still log in and withdraw funds afterwards. This longtime exchange was founded in 2014 and brought perpetual contracts and 100x leverage into the mainstream crypto spotlight. After 11 years, it has officially ended its trading business. (BitMEX Support) Back then, it taught the whole crypto industry how to trade perps. Right now, the entire crypto market is trading perps. The teacher retired, and the students opened a few hundred casinos. 2. BTC didn’t keep going crazy today—it’s been hovering around $86,000–$87,000 BTC is currently trading in a range around $86,000 today, while ETH is around $2,750. After the squeeze on shorts a few days ago, the market has clearly moved into a consolidation phase at higher levels today. (KuCoin)
Today, the genuinely worth looking at is just a few of these. 1, X is increasingly starting to look like a casino entrance X has once again pushed trading one step further into the timeline. U.S. users can now see Cashtags like $BTC $TSLA and view the quotes directly, then click Trade to jump to partner platforms such as Interactive Brokers, Moomoo, and Gemini to trade. Earlier, on X: “This coin looks pretty good.” Then open the exchange, search the code, add funds, place an order. Now: scroll ↓ get carried away ↓ Trade 2, BTC above 85,000 yuan; DOGE suddenly +15% today Today, BTC has held steady above $85,000, while DOGE surged about 15% at one point.
$HYPE Sometimes you have to forget to make money Today I logged into my wife’s account and found that the previous spot goods I had her buy are gone—too bad there were only 5 left 😂
1. A $15 billion hole has emerged on Wall Street today According to FT, as relayed by Reuters, the U.S. Federal Reserve and the Bank of England are investigating large banks’ risk exposures to trading firms. The reason is bizarre: The AI hedge fund Situational Awareness, managed by former OpenAI researcher Leopold Aschenbrenner, suffered major losses earlier during the selloff in AI and chip stocks, forcing it to liquidate large positions. This series of fluctuations reportedly caused Jane Street to lose roughly $15 billion. Reuters said it is currently unable to independently verify this report, and relevant institutions have yet to respond.
$HYPE This bug that makes you unable to view the market cap—when will it be fixed? It’s sometimes good and sometimes bad. Is it just me having this issue? ??? #币安客服 @CZ
1. The U.S. and China met today in New York U.S. Treasury Secretary Bessent and China’s Vice Premier He Lifeng held talks today. What’s on the desktop is no longer just simple tariffs: AI, rare earths, critical minerals, trade truce, investment restrictions. Previously, big powers trade negotiations: “Buy a little more soybean.” Now: “Whether your AI is given to me or not—whether my rare earths are given to you or not.” The tech tree has already been mapped into the Ministry of Foreign Affairs. 2. China’s LPR remains unchanged today 1-year term: 3.00% 5-year term: 3.50% For the 16th consecutive month, it has stayed the same. The recent state of mind of global central banks:
$ZAMA has really great performance, but unfortunately there are too many chips at the bottom. There’s also a well-known KOL in the same car. Let’s see if we can wash them and then get onto the ride. I just placed an order at 0.0688—pick me up!!
Let’s see what kind of nonsense this world has come up with in the past 24 hours. 1, FomoPeek: I was trying to look at the smart money, but my phone got exposed first. Slow mist and the OKX security team found that FomoPeek 1.1–1.2 had been implanted with malicious code, and it even came with an iOS kernel attack framework. The most ridiculous part isn’t that it tricks you into signing. It may be able to directly break out of the sandbox and read the Keychain. In the crypto world before: don’t leak your mnemonic phrase. Now: leaking your mnemonic phrase might be the most obvious and simplest way to die. 2, Robinhood Chain: People are still in the casino, but the casino’s revenue fell by 97% first.
What is the Ward method????? The most terrifying scam in the crypto world—there’s no need for them to get your wallet authorization anymore???? Damn it, can’t even iOS+Mac handle it anymore????
FomoPeek
An iOS app that claims to “monitor smart money and track on-chain wallets” was discovered by the SlowMist + OKX security teams to have malicious code embedded.
Even dumber: it doesn’t trick you into signing. Instead, it includes an iOS kernel attack framework. According to the disclosure, it contains 8 different vulnerability exploitation methods. After a successful attack, it may even break out of the sandbox and read the Keychain.
Private keys, seed phrases, login credentials, and data from other apps could all be exposed.
If you installed FomoPeek 1.1 / 1.2:
Don’t just uninstall the app. Recreate the wallet on a clean device and move your assets. This is a warning to everyone in the crypto community:
From now on, the things you DYOR about may not only be a coin or a contract. It could be every app on your phone.
Sometimes the most expensive “free money” you can get scammed for is those invite rewards of 5U, 7U. $AKE $PONS
$ZEC Although my long position got sold off It doesn't prevent me from buying some ZEC in the prediction market to reach 1500 before 2027 So I can say I didn't really sell it off. I didn't expect it to come so fast..
$EDGE Weekly chart CHOCH, stop loss 0.4, look endlessly upward.
Key positive catalyst: Circle is bound to the Arc mainnet On September 3, Circle and edgeX jointly announced that ahead of the launch of the Arc mainnet on September 16, edgeX will serve as the flagship perpetual futures exchange for Arc, providing 24/7 FX perpetual trading on day one.
If you want to bet on this Circle-Arc-EdgeX ecosystem, or if you’re trading the recent hype, then get in. The contract fees are too high—buy spot instead; you can buy spot on the mainnet.
$CRCL I heavily bought a bit of circle. Circle has always relied on interest growth, with a single income structure. But this time, with Arc in the loop, it took the first step toward non-interest income! Next, focus on three things, 1. The USDC balance on Arc 2. The actual settlement amount on Arc 3. Review a few quarterly reports to see whether it has gotten rid of reliance on a single interest rate
If Circle can transition from a stablecoin issuer into an on-chain financial infrastructure company, I dare not even imagine how high it could go.