CRO fluctuated, dropping 5.21% in 24H

[Upbit to List USD1, Supporting KRW, BTC, USDT Trading Pairs] Upbit announced that it will list USD1 (World Liberty Financial USD) on September 1, supporting KRW, BTC, USDT trading pairs. Deposit services are expected to open at 15:00 Hong Kong time on September 1, and trading services are expected to begin at 16:00. USD1 is a stablecoin based on the Ethereum network, and users must ensure they operate on the correct network.

[Upbit to List Three USD1 Trading Pairs] Upbit announced it will list USD1 KRW, BTC, and USDT trading pairs.

[Cryptocurrency Security Incidents in August Result in $163 Million Loss, Up 15% Month-on-Month] According to data from on-chain analytics firm PeckShield, a total of 16 major cryptocurrency security incidents occurred in August 2025, resulting in total losses of $163 million, a 15% increase compared to July's $142 million. Among them, the five largest incidents include: a Bitcoin holder losing $91.4 million; Turkish cryptocurrency exchange BTCTurk losing $54 million; the ODIN•FUN project losing $7 million; (BetterBank.io) losing $5 million; and CrediX Finance losing $4.5 million. Notably, BTCTurk has suffered two major security incidents in the past year, with cumulative losses exceeding $100 million.

[Hao Tian International Securities to Apply for Virtual Asset Trading Services with Hong Kong SFC] Odaily Planet Daily News - Hong Kong-listed company Hao Tian International Construction Investment announced that its wholly-owned subsidiary, Hao Tian International Securities, plans to apply to the Hong Kong Securities and Futures Commission (SFC) to provide virtual asset trading services through an omnibus account arrangement. If approved by the Hong Kong SFC, the company will be able to offer virtual asset trading services to retail clients. (Hong Kong Economic Journal)

[Hong Kong Media: Hong Kong Financial Services Development Council Held Stablecoin Meeting at the End of August, Attended by Ant Group, LianLian Pay, HKEX, etc.] According to a report by Jinse Finance, citing information disclosed by Hong Kong Economic Times, the Hong Kong Financial Services Development Council (FSDC) held a meeting on stablecoins at the end of last month. The meeting covered five major discussion topics, including the Hong Kong Monetary Authority's proposed stablecoin guidelines, licensing mechanisms, ecosystem collaboration, the establishment of a dedicated task force, and a focus on KYB (Know Your Business) and KYC (Know Your Customer). It is reported that attendees included institutions interested in applying for stablecoin issuer licenses, such as Ant Group, LianLian Pay, and HKEX. However, the Hong Kong Monetary Authority did not send representatives to the meeting. The FSDC was represented by its Executive Director, Au King-lun, and Director and Head of Policy Research, Tung Yat-yue. The entire meeting lasted over two hours, and the FSDC has not yet responded regarding the outcomes of this meeting.