ETH falls below the $4300 mark

[Upbit to List FLOCK on KRW Trading Market] Upbit announced that FLOCK will be listed on September 9, 2025, at 12:00 PM (Hong Kong Time), and the KRW trading pair will be supported. Users must ensure deposits and withdrawals are conducted via the FLOCK-Base network.

[South Korean Police Uncover International Crypto Money Laundering Syndicate, Case Involves $30 Million] After a two-year investigation, the Seoul Metropolitan Police Agency successfully dismantled an international hacking syndicate that targeted corporate executives and high-net-worth individuals through fraud. A total of 258 victims were involved, with the case amounting to approximately 3.9 billion Korean won (around $30 million). Police utilized Chainalysis Reactor technology to trace on-chain fund flows and collaborated with Thai authorities to arrest the main suspect in Thailand, extraditing them back to South Korea after 106 days. Approximately 1.4 billion Korean won has been recovered so far. The syndicate primarily transferred funds through illegal mobile account registrations and impersonating institutional personnel.

[The UAE government holds approximately 6,300 Bitcoins through its state-owned mining company Citadel Mining] According to a report by Golden Finance, citing market news from the financial news and analysis website ZeroHedge, Arkham monitoring indicates that the UAE government holds approximately 6,300 Bitcoins through its state-owned mining company Citadel Mining, with a total value of about $740 million, making it the fourth-largest government Bitcoin holder globally.

The current price of BTC is $111228.12, with a 0.22% increase in the past 24 hours. Among them, the total liquidation amount of contracts across the entire network in the past 1 hour was 10.01 million US dollars, with multiple main liquidation orders and BTC liquidation of 1.73 million US dollars (17.34%). The data is for reference only.

[U.S. SEC Commissioner: Layer 2 Chains with Centralized Sequencers May Need to Register as Exchanges] Hester M. Peirce, a commissioner of the U.S. Securities and Exchange Commission (SEC), stated that Layer 2 blockchains utilizing centralized sequencers might need to register as exchanges under existing regulations. Her comments have sparked concerns about the compliance of Layer 2 scaling solutions, which often rely on centralized sequencers to optimize transaction processing efficiency. Peirce's remarks further underscore the SEC's intensified regulatory scrutiny of the crypto industry's infrastructure.