Bitget(@bitgetglobal) burned another 30M $BGB($130.2M) yesterday.

On August 31st, as per EmberCN's monitoring, after a year, the hacker who had stolen $81.5 million in assets from Orbit Chain in early 2024 once again transferred 4,320 ETH through Tornado Cash, which was worth $18.81 million. After stealing the assets, the hacker mainly bought ETH at a price of $2,301 and kept it. Now, the price of ETH has doubled since then. The hacker has successively laundered 17,242 ETH ($66.35 million) through Tornado Cash, leaving assets worth $61.6 million that have not been transferred yet. The total value has increased by $46.5 million compared to the $81.5 million he originally stole. The hacker's address currently holds 9,511 ETH, worth $41.6 million, and 20 million DAI.

On August 31st, as per TheBlock, in the 2018 India kidnapping ransom incident, a businessman from Surat was abducted and compelled to sell Bitcoin as ransom. Eventually, fourteen people received life imprisonment sentences, among them 11 police officers, including the former police inspector at the scene and a former member of the Indian Legislative Assembly. A special judge sentenced these individuals for the crimes of kidnapping, extortion, and criminal conspiracy as per the Indian Penal Code. In this case, the victim Shailesh Bhatt was lured to a gas station and kidnapped. Later, he was forced to pay 34 bitcoins (approximately $150,000) as ransom. During the trial of the case, a total of 172 witnesses were summoned, but 92 of them changed their testimonies. It is worth noting that the victim Bhatt himself is currently facing prosecution by law enforcement for allegedly kidnapping a BitConnect promoter, and the case is still ongoing.

On August 31st, based on HTX market data, Ethereum witnessed a rebound and managed to break through $4400, showing a 24-hour growth rate of 1.09%.

On August 31st, according to HTX market data, Bitcoin saw a rebound and exceeded $109,000, registering a 24-hour gain of 0.7%.

On August 31st, as monitored by EmberCN, an address utilized 1.202 million USDC on-chain an hour ago to acquire 2,737 ETH at a price of $4,391. Due to the significant transaction volume, slippage led to the purchase price being approximately $20 higher than the actual ETH price at that time ($4,370).

On August 31st, based on CME's "FedWatch" data, the likelihood of the Fed keeping interest rates unchanged in September is 13.6%, and the probability of a 25-basis-point rate cut is 86.4%.