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According to Coinglass data, the cryptocurrency Fear and Greed Index is currently at 74, up 7 points from yesterday. The average over the past 7 days is 61, and the average over the past 30 days is 36.

According to Coinglass data, on August 24 at 12:01, 38.8 million USDT was detected being transferred from an unknown wallet to Binance.

According to GMGN market data, Robinhood's on-chain ecological tokens have collectively risen, with Index increasing over 140% during the day, currently valued at $16.3 million; AI rising over 72% during the day, currently valued at $28.3 million; PONS rising over 70% during the day, currently valued at $50.4 million; StonkBroker rising over 36% during the day, currently valued at $44.8 million; and CASHCAT rising over 21% during the day, currently valued at $145 million.On-chain token prices are highly volatile and can be easily affected by market sentiment and hot events, please be aware of trading risks.

Japan's SoftBank Group plans to issue 1 trillion yen (approximately 6.29 billion USD) in seven-year corporate bonds aimed at individual investors. The bonds are tentatively set with a coupon rate range of 4.3% to 4.9%.This issuance will be the largest bond issuance in SoftBank's history, nearly double the previous record. SoftBank is expected to announce the final terms on September 4.

According to SoSoValue data, during the last trading week (Eastern Time from August 17 to August 21), the net inflow of Ethereum spot ETFs was $697 million.The Ethereum spot ETF with the highest net inflow last week was the Blackrock ETF ETHA, with a weekly net inflow of $537 million, bringing the total historical net inflow of ETHA to $12.17 billion; followed by the Fidelity ETF FETH, with a weekly net inflow of $56.22 million, bringing the total historical net inflow of FETH to $2.18 billion. As of the time of publication, the total net asset value of Ethereum spot ETFs was $14.29 billion, with an ETF net asset ratio (market value as a percentage of Ethereum's total market value) of 4.85%, and the historical cumulative net inflow has reached $12.15 billion.

According to SoSoValue data, during the last trading week (Eastern Time from August 17 to August 21), the net inflow for Bitcoin spot ETFs was $1.918 billion. The Bitcoin spot ETF with the highest net inflow last week was Blackrock ETF IBIT, with a weekly net inflow of $1.331 billion, bringing the total historical net inflow for IBIT to $62.43 billion; followed by Fidelity ETF FBTC, with a weekly net inflow of $293 million, currently having a total historical net inflow of $10.18 billion.The Bitcoin spot ETF with the highest net outflow last week was VanEck ETF HODL, with a weekly net outflow of $16.1496 million, currently having a total historical net inflow of $1.07 billion. As of the time of writing, the total net asset value of Bitcoin spot ETFs is $96.07 billion, with an ETF net asset ratio (market value compared to total Bitcoin market value) of 6.17%, and the historical cumulative net inflow has reached $53.71 billion.

According to Bloomberg, investments received by British fintech companies in the first half of this year have fallen to the lowest level since at least 2016, as funders are shifting towards AI-related companies that can demonstrate long-term growth.

According to Bitcoin.com News, the Central Bank of Russia has launched a special financial literacy test to lower the threshold for residents to qualify as accredited investors, in order to expand their cryptocurrency trading limits.

On August 24, according to Gate market data, Hong Kong stock Alibaba fell more than 10%, with its stock price hitting a new low in nearly a month.Previously, it was reported that Alibaba announced plans to place new shares in Hong Kong. The company stated that the total amount of this placement is HKD 80 billion (USD 10.2 billion). This transaction will become the largest primary follow-on offering in the history of Hong Kong-listed companies and the largest Regulation S stock issuance on record (for securities issued and sold outside the United States), and it is also the third largest primary follow-on stock issuance globally this year, following Alphabet and Intel.

Former Hack VC partner and platform head [Hsin-Ju](https://www.rootdata.com/zh/member/Hsin-Ju C.?k=MTUzMjc=) stated that he decided to refuse a settlement agreement that required him to remain silent, preferring to accept a $0 compensation, and has fired his lawyer. He plans to publicly disclose all evidence from his time at Hack VC on August 26 (Wednesday). Hsin-Ju mentioned that he has worked in the crypto industry for 9 years, having been employed at Stellar, Solana, and Fhenix, and that last year during his time at Hack VC, he repeatedly requested to leave due to severe medical emergencies (including Graves' disease, hyperthyroidism, and severe insomnia). However, he was threatened by partners that if he left before completing relevant meetings, he would be blacklisted in the industry, forcing him to work continuously under extreme pressure, which ultimately led to a suicide attempt.Hsin-Ju stated that after the suicide attempt, he expressed in writing that he had no intention to sue and only wished to leave without retaliation. However, Hack VC subsequently had issues with his COBRA health insurance for nearly 4 months, which were only resolved after a lawyer intervened. During the legal process, they continued to attempt to harm his interests through lawyers and employees. Currently, both parties' lawyers are prepared for private mediation and settlement, but he is unwilling to exchange silence for money and chooses to speak out. Hsin-Ju emphasized that he performed well during his employment, having received raises and bonuses, and that the lawsuit is not about money, fully aware that he may face adverse consequences when confronting an institution of $600-700 million scale.Hack VC responded that they are aware of the former employee's statement and express deep concern for his health, but there are significant differences in understanding of the events, and they are currently unwilling to publicly discuss details to respect his privacy.

On August 24, a16z's latest chart shows that the weekly active growth of OpenAI Codex in enterprises is extremely polarized. The growth rate for lawyers is as high as 108 times, followed by sales and recruitment at 41 times each, marketing at 26 times, and healthcare at 24 times, while engineers are at the bottom with only 5 times.Codex has evolved from code completion to a digital colleague capable of independently breaking down tasks and running for hours, with lawyers using it to handle vast amounts of long texts and contract comparisons. This marks the "programming" of knowledge work, with the AI explosion shifting from the tech circle to high-value white-collar positions.

UPBIT will launch Lighter (LIT) on August 24 at 13:00 and support KRW trading. LIT is an Ethereum-based utility token primarily used for staking and liquidity participation in the Lighter protocol.

According to DIGITIMES, the NB supply chain has reported that brand manufacturers are significantly returning to production in China, with "returning to China for production" becoming a new trend. Brands such as HP, ASUS, and Acer have recently noticeably reduced their originally planned capacity shifts to Southeast Asia, with production focus returning to Chongqing or Kunshan in China, and increasing orders to Chinese ODM or EMS manufacturers and the proportion of private label products. This involves production lines at Quanta, Inventec's Thailand factories, and Compal, Wistron’s Vietnam factories, which may be affected by customer transfers. Lenovo, Dell, and Apple, on the other hand, remain relatively unchanged.The supply chain indicates that after the U.S. equivalent tariffs were ruled unconstitutional by the Supreme Court, the impact of substitute tariffs is smaller, and the production costs for NB in Southeast Asia are on average $9 higher per unit than in China. The gross profit margin for brand manufacturers per unit of NB is mostly between 3% to 10%. Based on a low-priced model with an average price of about $300, the $9 difference is close to or even exceeds their profit, resulting in unprofitable shipments. Local Chinese governments are also demanding increased production due to reduced tax revenues, or they will reclaim past subsidies, creating a pull for returning production.Relevant ODM personnel stated that they will respect customer decisions, and if they cannot take on a single product, they will shift production locally to servers and other product lines such as networking. Lenovo is more cautious due to its diversified layout, with limited relocation; Dell has not significantly returned due to the high proportion of U.S. government orders; Apple targets the high-end market and promotes automation, with the main reason for relocating MacBook production from Shanghai being the pandemic-related supply chain disruptions, and its plans in Vietnam remain unchanged to date.

According to the Industrial and Commercial Times, there are widespread rumors in the market that TSMC intends to invest over 30 billion New Taiwan dollars to acquire AUO's two old-generation panel factories, L7 and L5C, located in the Central Taiwan Science Park, adjacent to TSMC's plant, to reserve space for large-size packaging such as CoPoS and FOPLP. Informed sources indicate that TSMC has sent personnel to complete on-site audits, and AUO plans to prioritize the disposal of the two factories, aiming to submit to the board of directors in October, with an estimated completion of production line relocation and factory vacating by the end of the first quarter next year. Both TSMC and AUO have not confirmed this transaction.Semiconductor industry analysts suggest that TSMC is extending from the A14 advanced process and advanced packaging to the COUPE silicon photonics platform, leveraging Taichung's role as a hub for precision optical components to build the Central Taiwan Science Park into a CPO ecosystem. TSMC's existing Fab 15A in the Science Park mainly uses a 28-nanometer process and can support the manufacturing of silicon interposers; the second phase of the Science Park, Fab 25, is planned to build four A14 wafer fabs, with the first two already entering steel structure construction, and the first factory striving for completion before April 2027. The existing advanced packaging and testing facility AP5 in the Science Park has already started CoWoS production, and in the future, it will integrate electronic and photonic chips through the COUPE platform.On the optical side, Largan Precision has recently acquired land and factories in Nantun, Taichung Industrial Zone, and nearby precision machinery clusters, with three transactions totaling approximately 2.568 billion, interpreted by the market as a warm-up for CPO mass production. The company has obtained its first mass production order for fiber optic arrays, with the first automated trial production line aiming for completion by the end of the third quarter, and mass production expected as early as mid-2027, while also laying out micro-lens arrays and integrated FAUs.

Cryptocurrency trader Garrett (@garrettbullish) stated that if the market further consolidates at the beginning of the week while Bitcoin's dominance continues to rise, he will be more bullish. He reminded investors to remain restrained, not to rush into increasing their positions or excessively use leverage, and to avoid operating as they did during their first cycle.Garrett mentioned that this is his fifth market cycle, and he knows how to navigate the current situation.

On August 24, according to the Financial Times, Anthropic's U.S. corporate clients are reducing their use of its most powerful model, Fable5, opting instead for lower-priced alternative models, raising concerns about its high-investment business model. Anthropic is currently preparing for an IPO, with the market expecting its valuation to reach $2 trillion or more, potentially listing as early as September.Data from Ramp on spending by 70,000 companies shows that two months after the release of Fable5, corporate spending on this model accounted for only about 11% of Anthropic's total tool spending, and has recently stabilized. Analysts believe the main reason is that Fable5 is expensive, while older models can meet the needs of most companies; the Opus5 launched at the end of July is smaller and cheaper, with corporate spending already exceeding that of Fable5. Fable5 was withdrawn shortly after its release in early June due to intervention by the Trump administration on national security grounds, and was allowed to go back online on July 1, but demand and adoption rates remain lower than those of previous cutting-edge models.Anthropic's annualized revenue reached $65 billion last month, up from $47 billion in May, growing nearly sevenfold since the beginning of the year; the company achieved adjusted operating profit for the first time in the second quarter and has 6,000 clients with annual spending exceeding $100,000. Companies are controlling AI spending by choosing models with better cost-performance ratios, while OpenAI has seen a rebound, with annualized revenue growing 35% this quarter after the release of GPT5.6, exceeding $40 billion. The market is shifting from "chasing the strongest model" to placing greater emphasis on a comprehensive balance of model capability, price, and actual ROI.

The research director of Galaxy posted on the X platform stating that even with a high probability of witch nodes, the peak proportion of BIP-110 nodes is only about 20% of the entire network.He mentioned that it is quite ridiculous to see Mechanic and others so shocked by the failure of BIP-110; even accounting for this approximately 20%, its hash power proportion is still far from sufficient, the scale of hash power is very small, and the node proportion is only about one-fifth, still a long way from the target.

The official developer account of Solana announced that the on-chain voting for governance proposals SGP 1-3 has started in epoch 1023, and is expected to close on August 26 at 15:30 UTC.The three proposals cover: approving the Solana constitution to establish a normative governance framework (SGP-0001), raising the inflation reduction rate from -15% to -30% (SGP-0002), and restructuring transaction fees to a fixed inclusion fee + floating resource fee (SGP-0003). Institutional staker DFDV stated that they have cast the largest weighted vote, while some staked accounts that have not activated users reported being unable to participate in the voting.