BTC breaks through the $120500 mark

According to @ whale.alert monitoring, at 20:40235217474 USDC (worth $234890522) were transferred from an unknown wallet to Ceffu.

According to reports, the names and email information of FTX creditors are suspected to have been leaked. Activists remind relevant creditors to be vigilant and prevent potential phishing attacks.

According to the latest news from @ pete_rizzo_, the Vietnamese government has confirmed that it will launch its first state-owned Bitcoin and cryptocurrency exchange.

Ethereum core developer Zack Kerr revealed that his hot wallet was attacked due to the installation of the malicious AI extension "contractshark. solidity lang", resulting in the theft of private keys and the transfer of funds. The plugin disguises itself as a legitimate tool with over 54000 downloads, but in reality reads the user's. env file and sends the private key to the attacker's server. The attacker transferred the funds from the wallet on August 10th, three days after obtaining the private key.

On August 13th, Charles Edwards, founder of Capriole Investments, stated that 75% of Coinbase's Bitcoin trading volume this week came from institutional investors, indicating strong institutional demand. Data shows that the daily demand of institutions this week is about 600% of the daily production of Bitcoin, and on Tuesday alone, the enterprise vault added 810 BTC. Edwards pointed out that the expected cooling of US inflation and interest rate cuts are the main driving factors for institutional buying, and the market expects the Federal Reserve to cut interest rates three times this year.