According to Odaily Planet Daily, US Vice President Cyrus Vance said he is ready to take over the presidency if Trump were to suffer a "serious tragedy." In an interview with USA Today, Vance said of Trump's health, "If, God forbid, a serious tragedy were to occur, I can't think of a better training experience than the past 200 days." However, he said that the 79-year-old Trump is in good health and, despite recent questions about his health, he still maintains "remarkable energy." (Jinshi)

Huoxun Finance reported on August 29th that Coinglass data shows that over the past 24 hours, the cryptocurrency market saw $541 million in liquidated contracts across the network, including $89.7231 million in long positions and $451 million in short positions. BTC liquidations totaled $131 million, and ETH liquidations totaled $192 million.

According to Huoxun Finance, on August 29, Bloomberg analyst James Seyffart wrote on the X platform: "Ethereum ETFs are in an absolute boom period. Since the beginning of July, its capital inflow has reached nearly $10 billion. In addition, the cumulative inflow of Ethereum ETFs since listing is nearly $14 billion."

Odaily Planet Daily Market News: A judge did not rule on the dismissal of Federal Reserve Board Governor Tim Cook today, requiring both parties to submit subsequent court documents next Tuesday. (Jinshi)

Huoxun Finance reported on August 29th that Lookonchain monitoring revealed that the Bitcoin whale, who previously purchased 641,508 ETH (worth $2.94 billion), has made another move. Two days after pausing his ETH purchases, he deposited 1,000 BTC (worth approximately $108 million) into Hyperliquid, selling the remaining BTC to purchase spot ETH.

Huoxun Finance reported on August 29th that, according to DLNews, Tron has decided to reduce its transaction fees by 60% after network usage costs doubled last year. The fee reduction proposal was approved by the network's block producers on Friday. In a post on the X platform announcing the approval, Justin Sun stated, "In the short term, Tron's profitability will be impacted by the 60% reduction in network fees, but in the long term, profitability will improve as users and transaction volume on the Tron network increase." He added that Tron Super Representatives will review network fees on a quarterly basis going forward.

Huoxun Finance reported on August 29th that according to on-chain analyst Yu Jin, a "whale who previously sold HYPE and went long on ETH" has increased his position to 66,700 ETH (US$286 million) by adding margin. The current liquidation price is US$4,214, less than US$100 away from the current ETH price. He entered the long ETH position four days ago and has now lost US$26.1 million on this long ETH position.

Odaily Planet Daily reported that the Ethereum Foundation published a statement saying that the Ethereum Foundation (EF)'s funding program was launched in 2018 and has gradually evolved into the Ecosystem Support Program (ESP), which helps the Ethereum ecosystem thrive by providing funding and support. In 2024 alone, ESP allocated nearly US$3 million to 105 projects and initiatives through a web form for the public funding program. In order to more closely align with EF's updated ecosystem development strategy, the Foundation is adjusting the priorities and methods of ESP. As part of this transition, the opening of grant applications has been temporarily suspended. This change will provide the Foundation with time to redesign, shifting its focus from a reactive model to a more proactive model, while supporting the priorities of other EF teams. Funding for Ethereum public products and accepting applications will continue, but a new approach will be adopted, and specific details will be announced in future posts.

According to AInvest, cryptocurrency exchange OrangeX announced the completion of a $20 million Series B funding round, led by Kryptos and joined by SCI Ventures and other major investors. This follows a $10 million Series A funding round in September 2023, also led by Kryptos and joined by NGC Capital, Phase Capital, and SCI Ventures. The new funds will be used to strengthen core infrastructure and accelerate global market expansion. The OrangeX platform offers services such as derivatives trading, spot trading, one-click copy trading, and fiat currency access for cryptocurrency purchases.

According to Odaily Planet Daily, Lookonchain monitoring shows that a Bitcoin whale that previously purchased 641,508 ETH has returned. Two days after stopping ETH purchases, the whale deposited 1,000 BTC (worth $108.27 million) into Hyperliquid, selling BTC and buying ETH spot.

According to official news from Odaily Planet Daily, the MITO principal-guaranteed earning product will be available for subscription on Binance's principal-guaranteed earning platform at 11:30 PM (GMT+8) on August 29, 2025. Binance's margin trading and isolated margin trading platforms will also add MITO as a borrowable asset, along with MITO/USDT and MITO/USDC full-margin and isolated-margin margin trading pairs, at 11:30 PM (GMT+8) on August 29, 2025.

Huoxun Finance reported on August 29 that the OKX market showed that BTC had just fallen below $109,000 and was currently trading at $108,916.00 per coin, down 3.34% on the day.

Huoxun Finance reported on August 29 that the OKX market showed that ETH had just fallen below $4,300 and was currently trading at $4,295.60 per coin, down 4.64% on the day.

Huoxun Finance reported on August 29th that the Ethereum Foundation (EF) is optimizing the focus and implementation path of its Ecosystem Support Program (ESP). As part of this transition, it has temporarily suspended open grant applications. This adjustment will provide the Foundation with time to redesign its grantmaking model, shifting its focus from reactive to proactive, and supporting the priorities of other EF teams. The EF stated that it has been continuously optimizing processes and improving efficiencies over the past three years, but as a resource-constrained, broad-based public grantmaking program, the influx of applications has consumed significant time and effort, hindering the ability to explore new strategic opportunities. The EF will continue to fund Ethereum public goods and accept applications, but will utilize a new approach, details of which will be detailed in a future announcement. The optimized focus and implementation path for the ESP will be announced in the fourth quarter of 2025.

According to Odaily Planet Daily, Japanese gaming giant Gumi Inc. has announced plans to purchase 2.5 billion yen (approximately $17 million) worth of XRP as part of its efforts to expand its blockchain business. The company announced the development in a press release today, following a decision made at a recent board meeting. Notably, the gaming company will strategically accumulate XRP over a five-month period, from September 2025 to February 2026. Gumi emphasized that the planned purchase is a strategic move designed to enable it to participate in the XRP ecosystem.

According to Odaily Planet Daily, the Atlanta Fed's GDPNow model projects U.S. GDP growth at 3.5% in the third quarter, compared to the previous estimate of 2.2%. (Jinshi)

Four.Meme announced that its presale for Creditlink (CDL) has surpassed $100 million in USD 1 subscriptions, setting a new record for BNB Chain fundraising. The presale accepted both USD 1 and FORM tokens, and as of this writing, $100,154,369 USD 1 has been invested.

Huoxun Finance reported on August 29th that, according to Cointelegraph, RWA.xyz data shows that tokenized institutional alternative funds (IAFs) have surged 47% over the past 30 days, reaching a total value of $1.74 billion. All protocols, except LibreCapital, saw percentage growth over the past 30 days. Centrifuge saw the strongest growth, expanding its market capitalization by 252% to $704 million, capturing a 40.4% share of the IAF market. Securitize followed closely behind with 14 tokenized IAFs and a total value of $652 million, holding a 37.5% market share. Other major protocols include Superstate (fund value $206 million) and OnRe (fund value $102 million).

Huoxun Finance reported on August 29th that according to Lookonchain, updated data for August 29th showed that 10 Bitcoin ETFs saw a net inflow of 1,578 BTC (worth approximately $174 million); iShares (BlackRock) saw an inflow of 568 BTC (worth approximately $62.738 million), currently holding 746,584 BTC (worth approximately $8.25 billion). Meanwhile, nine Ethereum ETFs saw a net inflow of 12,489 ETH (worth approximately $54.86 million); iShares (BlackRock) saw an inflow of 15,127 ETH (worth approximately $66.45 million), currently holding 3,777,263 ETH (worth approximately $1.659 billion).

Huoxun Finance reported on August 29th that Pantera Capital Managing Partner Paul Veradittakit released the "State of Crypto Venture Capital" report, stating that the crypto industry is expected to break the 2021 funding record of $29.17 billion. Crypto companies have raised over $16 billion so far this year—a figure that even exceeds the total transaction volume for the entire year of 2024. Veradittakit described this year's funding boom as "an industry transformation driven by record-breaking M&A and IPO activity." He wrote: "2024 set a new record for M&A transactions, with over 100 completed throughout the year, totaling $1.73 billion. The number of transactions in 2025 is expected to surpass 2024. From January to July of this year, 76 transactions totaling $6.23 billion were completed, 3.6 times the total transaction volume for the entire year of 2024. If the current rate of transaction growth continues, the annual transaction volume is expected to reach 130."