Bithumb’s Mistaken Bitcoin Transfer Recovery Case to Get First Verdict on August 27

Analyst NoName notes that Bitcoin has formed a descending wedge within an uptrend, with prices gradually consolidating between two downward-sloping trendlines. The key factor is not the pattern itself, but its formation location: if BTC breaks above the upper trendline and holds, the next target zone is $84,000 to $90,000. The alternative scenario is a downward sweep to $72,000 to $74,000 to secure liquidity before launching the next rally. NoName advises against rushing to predict direction; instead, traders should watch which side BTC breaks first before formulating a plan around that direction. The analyst also points out that the total market capitalization of altcoins is currently only around $1.1 trillion, meaning their real expansion has not yet begun, and the next six months will be full of surprises. If BTC reclaims its all-time high, market attention may gradually shift to Ethereum (ETH), with capital rotating further—starting from ETH, spreading to mid and small-cap altcoins and meme tokens, a phase that typically signals the onset of a bullish frenzy. Under this scenario, the total crypto market cap could surge to $10 trillion to $12 trillion.

Binance Wallet Issues Security Alert: iPhone Users Urged to Check for FomoPeek App Installation Binance has released a security alert, noting awareness of a recent security incident disclosed by the crypto community. According to security firms including SlowMist, the third-party app FomoPeek (versions 1.1–1.2) contains malicious code that exploits iOS vulnerabilities to gain full device access, potentially stealing sensitive data stored on the device—including private keys, mnemonics, login credentials, chat logs, and files. This malware targets the device itself; if successfully executed, it could grant access to data from all apps on the affected device. Users are advised to verify two key points: 1. Are you using an iPhone or iPad running iOS 26.x or earlier? 2. Have you installed the FomoPeek app? If both apply, take these immediate steps: 1. Delete the FomoPeek app and do not reinstall it. 2. Update your iOS to the latest version. 3. For self-custody wallet users: Create a new wallet on a device that has never had the app installed, then transfer your assets to the new wallet address. 4. If you spot any unusual asset activity, preserve the affected device and relevant evidence, and contact customer support for further investigation. Binance also reminds all users to avoid installing apps from untrusted sources and keep their device software up to date.

Solana ecosystem project Paid announced it has launched token issuance functionality on Pons. The project’s official stated that 80% of fees will be sent to X users via X Money, while 20% will be converted to SOL to repurchase PAID tokens. Issuers can send fees through X Money by adding an X Handle to their project’s text description. Public information shows UsePaid is an automatic creator fee-splitting tool for token creators, enabling project teams to import creator fees generated from meme coins into UsePaid for distribution or repurchase and burning. According to GMGN market data, PAID’s market capitalization on Solana stands at $23.7 million, with a 24-hour decline of 25%. BlockBeats reminds users that related token prices are highly volatile, so investment requires caution.

Senior Iranian sources have revealed that Qatar and Pakistan, serving as mediators, have informed Iran that the United States is prepared to negotiate and strike a deal, and is serious about advancing this process. The sources added that Iran, for its part, is ready to resume implementing the Islamabad Memorandum of Understanding within days, provided the US returns to the memorandum and honors its terms. However, Iran is demanding tangible and credible guarantees to ensure it will not face further attacks. Once the US implements the substantive provisions of the memorandum—including halting hostilities, lifting the blockade against Iran, and allowing Iran to export oil—Iran will immediately launch negotiations on nuclear issues and sanctions relief. Iran has reached a consensus with Oman on the Strait of Hormuz, but stressed that "Iran will not reopen the strait as long as the blockade remains in place and no agreement is reached with the US," according to the sources. (CCTV News)

Circle’s public chain Arc has officially announced the launch of proxy payments. Its Facilitator Service provides x402 developers with a custodial integration path that accepts USDC and supports on-chain settlement across Arc, Base, and Polygon. This path eliminates the need for Relayer keys and dedicated gas fee wallets.

On-chain trading terminal Genius Terminal, which is invested in by YZi Labs and has CZ as an advisor, has released the 24-hour data for its new token launch platform Genius.fun: 13,001 tokens have been created, with a total of $529,400 in fee splits paid to creators and $303,100 in buyback amounts. On the evening of September 17, token launch platform Genius.fun was officially launched on BNB Chain, allowing creators to transfer tokenized stocks such as bSTOCKS to a neutral foundation and unwrap them, so as to exercise equity-related rights off-chain. According to GMGN market data, among the tokens issued by Genius.fun so far, GSTOCK has the highest market cap, currently at $6.9 million, and once quickly surged past $10 million after launch. The GSTOCK token is paired with BNCB, the on-chain token of BNB Treasury Company BNC, as its liquidity pool base. BlockBeats reminds users that the prices of related tokens are highly volatile, and users should exercise caution when investing.