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Binance BNB/USDT is currently trading at $600.60, with a 24-hour increase of 2.22%. Please pay attention to market fluctuations.
[The Risk of Japan's Debt Crisis Intensifies, Potentially Driving Increased Demand for Cryptocurrencies] Economist Robin Brooks has warned that Japan's debt-to-GDP ratio has reached approximately 240%. Under the dual pressures of inflation and rising government bond yields, the risk of a debt crisis is further escalating. Since 2021, the Japanese yen has depreciated by 41%, and domestic inflationary pressures have risen significantly. Meanwhile, Japan's 10-year government bond yield has climbed to 1.60%, the highest since 2008, and the 30-year yield has reached multi-decade peaks, reflecting market concerns over fiscal risks. Brooks pointed out that Japan faces a dilemma: maintaining low interest rates could lead to further yen depreciation and exacerbate inflation, while raising yields might jeopardize debt sustainability. This predicament could prompt investors to turn to alternative assets such as cryptocurrencies and stablecoins. Notably, Japanese startup JPYC plans to launch the first yen-pegged stablecoin this year, providing the market with a new hedging tool.
[Binance to Delist NXPC/BNB and HUMA/BNB Trading Pairs] Binance has announced that it will delist the NXPC/BNB and HUMA/BNB trading pairs at 11:00 on September 19, 2025, and simultaneously remove the associated trading bot services. Users can continue trading the relevant tokens through other trading pairs and are advised to disable the related trading bots in a timely manner to avoid losses.
BBX News: Global listed companies' encryption configurations continued to be active yesterday: BTC Strategy Promotion: Boya Interactive (HKEX: 00434) spent HKD 219 million (USD 28.16 million) to purchase 245 BTC; Hyperscale Data (NYSE: GPUS) announces the sale of XRP to transform into a pure BTC treasury company; DOGE whale increases investment: CleanCore Solutions (NYSE: ZONE) purchases another 100 million DOGEs, with total holdings exceeding 600 million, continuing to execute its Meme coin large-scale allocation strategy; Mining Position Disclosure: HIVE Blockchain (CVE: HIVE) holds 3850 BTC, of which 1200 were newly mined in September. The institution invested over 38 million US dollars in a single day, and its allocation strategy showed a trend of "specialization". Source: bbx.com
OKX-ETH/USDT is currently trading at $4502.83, up 0.14% in 5 minutes. Please be aware of market fluctuations.
**[BSC Unverified Contract Hit by Flash Loan Attack, Losses Approx. $150,000]** BlockSec Phalcon alerts indicate that a suspicious transaction occurred on Binance Smart Chain (BSC) several hours ago, targeting an unverified contract (address: 0x93fD192e1CD288F1f5eE0A019429B015016061F9), resulting in a loss of approximately $150,000. The attack exploited a vulnerability in the contract's referral reward mechanism, where the reward calculation relied on the manipulatable spot price of the BURN/BUSD trading pair. The attacker manipulated the BURN price through a flash loan and repeatedly created new contracts to bypass the "one referral per address" and maximum investment limit restrictions, thereby accumulating inflated BUSD referral rewards. Subsequently, they sold the borrowed BURN tokens, causing the price to drop, and profited by purchasing BURN at the lower price. This incident highlights the potential risks of price-dependent mechanisms in smart contract design.