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CANGO Group (Stock Code: CANG) has released the key highlights of its Q2 2025 financial report. The revenue and profit performance was strong, with two one-time accounting adjustment-related losses being non-operational in nature. The company is strategically aimed at the high-value "AI Computing Power and Energy Synergy" scenario in the long term.
DDC achieved full profitability, recording its highest-ever gross profit margin and net profit; initiated a Bitcoin Treasury strategy, holding a total of 1,008 BTC as of August 31, 2025, corresponding to a 1,798% BTC return on investment
In Brief Bitcoin prices remain stagnant, and altcoin losses surpass 4%. Michael Poppe advises on taking advantage of crypto market corrections. Efloud highlights HYPE Coin's innovative market approach and high volatility risks.
Who is the Best Candidate for the Crypto Market?
Ethereum’s staking queue flipped in September, with entry demand outpacing exits. Rising institutional inflows and fresh capital suggest growing confidence in ETH’s long-term value.
- 23:35Overview of Major Overnight Developments on September 1421:00 (UTC+8) - 7:00 (UTC+8) Keywords: USAT, Ethereum Foundation, Shibarium, Empery 1. Tether's new stablecoin USAT is planned to launch by the end of the year; 2. Pizza Hut and KFC in South Africa have now started accepting bitcoin payments; 3. Publicly listed company Empery Digital has become the 21st largest bitcoin holding company; 4. Shibarium cross-chain bridge suffered a "complex" flash loan attack, resulting in a loss of $2.4 million; 5. The Ethereum Foundation has developed an end-to-end privacy roadmap, covering private writing, reading, and proof; 6. Data: Tesla holds 11,509 bitcoins, ranking 11th among all publicly listed companies; 7. Important notice disclosed on the USAT website: USAT is not protected by insurance from institutions such as the Federal Deposit Insurance Corporation of the United States.
- 22:26Shibarium cross-chain bridge suffers "complex" flash loan attack, losing $2.4 millionJinse Finance reported that the Shibarium cross-chain bridge, which connects the Layer2 network Shibarium with Ethereum, suffered a flash loan attack on Friday, resulting in the theft of approximately $2.4 million worth of ETH and SHIB. As a result, Shiba Inu developers have restricted certain activities on the network. The attacker took out a flash loan of 4.6 million BONE (Shibarium’s governance token, down 16.32%) and appeared to have obtained 10 out of 12 validator signing keys, thereby gaining two-thirds majority control. Subsequently, the attacker used this privilege to extract about 224.57 ETH and 9.26 billion SHIB from the Shibarium cross-chain bridge contract, transferring the funds to their own address. The total value of these funds is currently around $2.4 million. In response to the attack, Shiba Inu developers suspended staking and unstaking functions on the network, effectively freezing the borrowed BONE tokens (which were already in an unstaking delay period), thus preventing the attacker from further manipulating the network. In addition, the attacker also obtained about $700,000 worth of K9 (KNINE) tokens (related to K9 Finance). When the attacker attempted to sell KNINE, the K9 Finance DAO intervened and blacklisted the attacker’s wallet address, making it impossible for these tokens to be sold.
- 22:04A dormant address holding 30 ETH has been activated after 10.1 years of inactivity.Jinse Finance reported, according to on-chain data tracking service Whale Alert, that at around 5:42 AM (GMT+8), a dormant address holding 30 ETH (worth $142,906) was just activated after sleeping for 10.1 years.