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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
  • 00:44
    CryptoQuant: Strategy sets aside $1.44 billion in reserves to address bitcoin bear market risks
    ChainCatcher news, according to The Block, CryptoQuant analyzed that Michael Saylor's bitcoin treasury company, Strategy, established a $1.44 billion reserve this week to cope with a potential bitcoin bear market. This reserve will be used to support preferred stock dividend payments and debt interest, with plans to eventually cover 24 months of financial needs. Julio Moreno, Head of Research at CryptoQuant, stated that if the bear market continues, the price of bitcoin may fluctuate between $70,000 and $55,000 next year. Strategy's purchasing volume has dropped from 134,000 bitcoins in November 2024 to 9,100 bitcoins in November 2025. Investment bank Mizuho maintains an "outperform" rating on Strategy, emphasizing that the US dollar reserve is only a liquidity risk management tool and that selling bitcoin would be a "last resort."
  • 00:44
    Malaysia cracks down on illegal bitcoin miners, resulting in $1 billion in electricity losses
    ChainCatcher reported that Malaysian authorities are actively cracking down on illegal bitcoin mining activities, which have reportedly caused up to $1 billion in electricity theft losses. Law enforcement agencies are employing a combination of high-tech and traditional methods, including using drones to detect abnormal heat sources, handheld sensors to identify irregular electricity usage, and responding to residents' reports of strange noises. It is reported that some illegal miners even use natural bird sounds to mask the roar of mining equipment. This crackdown has evolved into a "cat-and-mouse game," involving raids on shops and abandoned houses. The Malaysian government will continue to strengthen regulations to curb this increasingly serious problem.
  • 00:23
    Today's Fear and Greed Index drops to 26, remaining at the Fear level.
    Jinse Finance reported that today's Fear and Greed Index dropped to 26 (compared to 28 yesterday), with the level still categorized as fear. Note: The Fear and Greed Index ranges from 0 to 100 and includes the following indicators: volatility (25%) + market trading volume (25%) + social media popularity (15%) + market surveys (15%) + bitcoin's proportion in the overall market (10%) + Google trend analysis (10%).
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