VanEck stated that 12 quantitative indicators indicate that the Bitcoin bear market has ended, and stated that Saylor's Strategy sell-off behavior is in line with the bottoming out feature of newspaper headlines. （Bitcoin Archive）

[DeFi Development Corp. Launches State of Solana Platform, Discloses Holdings and Stock Price] According to The Block, DeFi Development Corp. has launched the real-time data and research platform State of Solana, designed to track Solana network metrics. DeFi Development Corp. holds approximately 2.3 million SOL, valued at around $208 million, and its Nasdaq-listed stock has fallen about 16% year-to-date.

BubbleMaps stated that attackers exploited the Cosmos EVM sharing module vulnerability to steal $50 million worth of NES tokens, but only made a profit of $60000 due to insufficient liquidity. The attacker's address 0x9AE7... initially spent $250000 to purchase NES and exploited a vulnerability to inflate the balance, transferring $50 million NES across chains back to Ethereum. The attacker encountered a serious slippage when exchanging DEX for NES, and actually spent $255000 to launch the attack, cashing out $315000 with a net profit of approximately $60000. Another Cosmos EVM chain suffered a similar attack worth $1.4 million, and BubbleMaps determined that the two incidents were caused by different attackers.

Bloomberg ETF analyst Eric Balchunas stated that the combined inflow of gold ETFs and Bitcoin ETFs exceeded $7 billion in the past week, setting a record for the highest inflow in a 5-day trading cycle in history. SPDR Gold Shares (GLD) and iShares Bitcoin Trust (IBIT) have entered the top ten ETF fund inflows in the past week, with market focus shifting towards currency depreciation trading. Since the beginning of this year, the cumulative inflow of funds into IBIT has turned positive, filling the gap of previous fund outflows.

On August 18th, the US SEC announced proposed rules for Regulation Crypto Assets, allowing startups to raise up to $5 million within 4 years, or eligible issuers to raise up to $75 million within 12 months. Winston&Strawn partner Drew Hinkes stated that the project could theoretically raise $75 million every 12 months. Lilya Tessler, the head of Sidley's fintech and blockchain business, pointed out that subsequent financing needs to resubmit the prospectus and undergo SEC review. Duke University financial regulatory expert Lee Reiners believes that this rule is unlikely to replicate the ICO boom of 2017. The SEC expects about 130 issuances per year to use the aforementioned exemptions, and approximately 475 issuers may use the investment contract safe harbor. The proposal stipulates that investment contracts related to encrypted assets may be transferred with tokens in secondary market transactions.