According to DB News, the DOJ is cleared to sell 69,370 $BTC($6.58B) confiscated from Silk Road.

A user encountered an anomaly in their Replace-by-Fee (RBF) script that automatically increases transaction fees, leading to a Bitcoin transaction where they paid 1.60 BTC (valued at ~$102,800) in network fees while sending zero BTC to the recipient. The transaction was included in Bitcoin block 962142 on August 12. On-chain records show the transaction had one single input totaling 160,343,885 satoshis, all of which were paid to miners as fees, with zero output amount. The root cause is that the user’s automated script, which raised RBF fees every second, lacked a reasonable fee cap, causing the fees to gradually eat up the entire input sum. The block was mined by SpiderPool, and this transaction accounted for 88% of the block’s total fees of approximately 1.82 BTC.

JPMorgan Chase raised its price target for Microsoft (MSFT) from $550 to $625, while lowering its price target for Oracle (ORCL) from $210 to $200. (Jinshi)

It looks like Machi(@machibigbrother) is really running out of money. He withdrew only 1,540 $USDC from #Binance. He had to sell Bored Ape #5715 for just 8.3 $ETH ($15,570), which he bought for 34.17 $ETH 3 years ago, to keep his $ETH long going. Current position: 2,800 $ETH($5.3M) Liquidation price: $1,863.08

According to monitoring by OnchainDataNerd, Maji Big Brother may face increased financial pressure recently, having withdrawn just 1,540 USDC from Binance. Meanwhile, to maintain his long Ethereum (ETH) position, he sold Bored Ape Yacht Club #5715 for 8.3 ETH (≈$15,600) — an NFT he purchased three years ago for 34.17 ETH. His current long ETH position stands at 2,800 ETH, valued at roughly $5.3 million, with a liquidation price of $1,863.08.

According to BIT (Bit.com) market data, shares of AI chip maker Cerebras Systems fell 17.3% in pre-market trading on US stocks, as the company's second-quarter revenue missed expectations.

Changxin Technology closed today with a market capitalization of 3.54 trillion yuan. As of Hong Kong's market close, Tencent Holdings (00700.HK) fell 4.46%, posting a market cap of 4 trillion Hong Kong dollars, equivalent to approximately 3.44 trillion yuan. Changxin Technology has surpassed Tencent to become China's largest listed company by market capitalization.