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Andrew Tate Turns Profit Shorting Kanye West’s YZY Token as Losses Mount for Retail Investors
Andrew Tate Turns Profit Shorting Kanye West’s YZY Token as Losses Mount for Retail Investors

Andrew Tate has booked a $16,000 gain from betting against Kanye West’s meme coin YZY, even as the token’s market collapse highlights the risks surrounding celebrity-linked cryptocurrencies.

DeFi Planet·2025/08/23 10:45
ETH Outflows Signal Bullish Momentum as BTC Faces Correction Risk — CryptoQuant
ETH Outflows Signal Bullish Momentum as BTC Faces Correction Risk — CryptoQuant

On-chain data from CryptoQuant indicates a growing divergence between Bitcoin (BTC) and Ethereum (ETH), underscoring shifting market dynamics that could define the next phase of capital flows in digital assets.

DeFi Planet·2025/08/23 10:45
Injective Partners With Republic to Advance Tokenized Private Market Investing
Injective Partners With Republic to Advance Tokenized Private Market Investing

Injective has entered into a strategic partnership with global investment platform Republic, aiming to expand access to tokenized private market opportunities and accelerate institutional adoption of blockchain-based finance.

DeFi Planet·2025/08/23 10:45
ASIC Ramps Up Online Scam Crackdown as Crypto Frauds Persist
ASIC Ramps Up Online Scam Crackdown as Crypto Frauds Persist

Australia’s corporate watchdog is intensifying its war on online scams after removing more than 14,000 fraudulent websites since mid-2023, with thousands linked to cryptocurrencies.

DeFi Planet·2025/08/23 10:45
Million-Dollar Snipers Cash Out on Kanye West’s YZY Token as Price Collapses 74%
Million-Dollar Snipers Cash Out on Kanye West’s YZY Token as Price Collapses 74%

Thirteen wallets pocketed over $24.5 million from trading Kanye West’s newly launched YZY token before its price crashed, blockchain data from Nansen shows.

DeFi Planet·2025/08/23 10:45
US House Ties CBDC Ban to Defense Policy Bill
US House Ties CBDC Ban to Defense Policy Bill

In a significant move impacting the future of digital currency, the US House of Representatives has inserted a sweeping provision into its annual defense policy legislation that would prohibit the Federal Reserve from developing or issuing a central bank digital currency (CBDC).

DeFi Planet·2025/08/23 10:45
Flash
  • 04:22
    Yesterday, the net inflow of US SOL spot ETFs was $5.3 million.
    Jinse Finance reported, according to monitoring by Farside Investors, that the US SOL spot ETF saw a net inflow of $5.3 million yesterday, including: Fidelity FSOL net inflow of $2.4 million; 21Shares TSOL net outflow of $1.4 million; Grayscale GSOL net inflow of $4.3 million.
  • 04:11
    Ethereum supporter Anthony Sassano: Ethereum gas limit may increase by 3-5 times next year
    ChainCatcher news, according to Cointelegraph, Ethereum supporter Anthony Sassano stated in an interview that Ethereum's gas limit may be increased by more than three times next year, and some Ethereum core developers are even discussing the possibility of raising the gas limit by five times within the next year. Previously, Ethereum's gas limit (the maximum amount of work allowed per block on the network) was raised from 45 million to 60 million. Sassano said that developers can achieve this by rebalancing transaction costs, reducing the cost of certain activities on Ethereum while increasing the cost of others. "The cost of native ETH transfers can be reduced from 21,000 gas to 6,000 gas, a reduction of over 70%, while keeping the gas limit unchanged." By reallocating costs in this way and repricing other activities, the network can ultimately support a higher gas limit. Sassano and Ethereum core developer Ben Adams co-authored an Ethereum Improvement Proposal (EIP), and the two plan to include it in Ethereum's Glamsterdam upgrade, which is expected to take place in the first half of 2026.
  • 03:56
    A whale sold 500 BTC bought after the 10.11 dip, incurring a loss of over $10.5 million.
    Jinse Finance reported, according to monitoring by Lookonchain, whale bc1ql5 sold 500 bitcoins (worth $45.37 million) 9 hours ago to cut losses, incurring a loss of over $10.5 million. It is reported that this whale had previously bought the dip on October 14, withdrawing 500 bitcoins (then worth $55.95 million) from an exchange. Afterward, the price of bitcoin once reached $111,899, but then began a continuous decline.
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