Odaily News: According to monitoring by on-chain analyst Yu Jin, a whale transferred 31.4 million CRV tokens, which had been held for 3 years, to OKX over the past two weeks to clear out its position, incurring a cumulative loss of $4.1 million, a loss of 27%. The whale had withdrawn and accumulated the CRV from Binance between 2023 and 2024, with an average purchase price of $0.48, at a cost of approximately $15.13 million; the average price of this liquidation was $0.35.

Odaily News: Flamingo Finance suffered an attack. The attacker borrowed approximately $18 million in USDT via a Morpho flash loan, staked Curve USDP LP into Strategy during the transaction to inflate the VaultYUSDT share price, then redeemed liquidity aUSDT, profiting approximately $345,900 in USDT.

Odaily Report: On September 16, according to SoSoValue data, influenced by a combination of factors including the failure of a key procedural vote on the CLARITY Act, the crypto market overall trended downward. The PayFi sector fell 8.44% over 24 hours, with XRP (XRP) and Stellar (XLM) dropping 10.38% and 10.66% respectively. Meanwhile, Bitcoin (BTC) declined 3.17%, briefly falling below $75,000 intraday before recovering to $75,600; Ethereum (ETH) dropped 4.88%, falling below $2,400.Additionally, the GameFi sector remained relatively resilient, rising 9.65% against the trend over 24 hours, with Akedo (AKE) surging 76.22%.In other sectors, CeFi fell 1.74% over 24 hours, with Cronos (CRO) dropping 6.70%; Layer1 declined 3.44%, with mainstream public chains broadly weakening — Solana (SOL) fell 5.65% and Injective (INJ) dropped 13.07%; Layer2 decreased 4.04%, though Arbitrum (ARB) showed strength with a 10.71% gain; Meme fell 4.24%, with Pump.fun (PUMP) dropping 7.59%; DeFi declined 5.25%, with Curve DAO (CRV) falling 9.72%;Crypto sector indices reflecting historical sector performance show that the ssiPayFi, ssiDePIN, and ssiRWA indices fell 9.78%, 8.86%, and 6.81% respectively.

Odaily News: Crypto trader Bonk Guy posted on X platform responding to recent controversy surrounding his purchase of EMBER and explaining his position-building logic. Bonk Guy stated that he first noticed the project when EMBER's market cap was around $3 million but did not buy in. After observing for a day, he revisited his research due to the platform's rapid data growth and bought in from around a $7 million market cap all the way up to a $20 million market cap.Bonk Guy said that EMBER is a major Launchpad built on Meteora, supporting SOL, USDC, and over 150 tokenized stocks as pairing assets for token issuance. It utilizes Meteora Dynamic Bonding Curve technology and offers features such as token fee distribution, Daily Jackpots, and DAO governance.According to his disclosure, Ember has recorded approximately $51.7 million in trading volume, $561,000 in fees, and has cumulatively issued 2,041 tokens within 3 days of launch, with over 41,800 unique holder addresses and 149,000 Solana transactions. BonkGuy compared his Ember purchase to his previous PONS trade, noting that he first saw PONS when its market cap was below $1 million, similarly ignored it for a full day, and then started buying at around a $4 million market cap. Rather than whether a trending token has already emerged, what matters more is observing the real usage data underlying the Launchpad.Additionally, Bonk Guy stated that both Robinhood Chain and BNB Chain have multiple successful Launchpads, while Solana's Meme trading ecosystem has been developing for a longer time, so there is no reason to believe that Solana can ultimately only accommodate one successful Launchpad. He also stated that his trades are not based on market consensus. Some of his most successful trades in the past often came from discovering opportunities before the market formed a consensus; by the time everyone agrees, the asymmetric upside potential has usually already been significantly reduced.Regarding the recent controversy, Bonk Guy said that the claim of "EMBER having over 50% Bubblemaps address clusters" has been clarified by Bubblemaps; his earlier statement that Ember was "launched by Meteora" was also inaccurate—a more precise description is that Ember is built on Meteora-related infrastructure and has now been listed on Meteora's ecosystem page. Bonk Guy emphasized that he has no relationship with the Ember team, and EMBER is a personal trade for him.

Odaily News: Four.Meme posted on X platform that the BNC4 Daily Buyback has completed its first buyback and burn, repurchasing and burning a total of 10,169,329 4Stock from the market, valued at approximately $355,900.The buyback funds came from all product revenue generated by BNC4 on September 8 and 9, including 115,057 USDT and LP fees of 11,652 BNC4, as well as Bonding Curve trading fees of 33,930 BNC4.Additionally, Four.Meme stated that rankings will be reset daily going forward, and 100% of BNC4's daily product revenue will be used to buy back the qualifying BNC4-paired community meme coin ranked first on that day, and burn it entirely.

Odaily News – Crypto trader Rune (@RuneCrypto_) posted on X, stating that Pump.fun holds over $2 billion in cash, with a valuation of approximately $4.4 billion, making it one of the most influential platforms in the Meme coin market this cycle. However, since launching the Bonding Curve model, its subsequent product expansion has largely been a response to market demand already validated by other teams.Rune cited examples, noting that after Axiom's rise, Pump acquired Padre and renamed it Terminal; after fomo emerged, Pump added social features to compete for KOLs; and now that products combining Meme coins with equity-related assets have appeared on BNB Chain, Robinhood, Stonks, and Base, Pump has launched a similar MemeStocks feature.Rune stated that this strategy is not entirely ineffective—for instance, Padre's market share rose from roughly 2% to 10% after its acquisition. However, as a leading platform with substantial capital and resources, Pump should focus more on creating unvalidated new products rather than continuously replicating existing models. Otherwise, it may weaken the incentive for smaller teams to pursue product innovation, ultimately slowing the industry's overall pace of development.

Odaily reported that Pump.fun announced the launch of its Custom Pairs feature on Wednesday, allowing creators to choose tokenized stocks, wrapped Bitcoin, Ethereum, and metals as quoted assets when issuing tokens, no longer limited to SOL and USDC trading pairs. The number of supported quoted asset pairs has now reached 93, covering tokenized Nvidia, Tesla, and S&P 500, among others. Custom Pairs has been rolled out in the token creation form, with bonding curve and PumpSwap protocol fees consistent with standard issuance, of which 50% of the revenue will flow into the PUMP buyback and burn contract.

Odaily News, according to GMGN data, the market cap of Nest, a Meme coin in the Robinhood ecosystem, briefly surpassed $5 million, with a 24-hour surge exceeding 990x, currently reported at $5.3 million.Nest is a multi-stock basket token Launchpad built on Pons V2 on the Robinhood Chain. Users can issue tokens and pre-configure an investment basket composed of multiple stock tokens; the Creator Fees generated from token trading will be continuously used to buy the corresponding stock tokens and deposited into the Nest Vault.Odaily reminds users that Meme coin prices are highly volatile, and investors should participate with caution.

Odaily News: According to on-chain analyst Yu Jin's monitoring, in June 2024, Curve founder Michael Egorov's CRV lending position was liquidated on-chain, causing the CRV price to drop from $0.46 to $0.24, a decline of 48%. During this period, a whale bought 20.86 million CRV at $0.32 and held them continuously. The CRV price once rose to $1.2 but the whale did not sell. One hour ago, the whale transferred all 20.86 million CRV, worth $7.33 million, to OKX at $0.35, realizing a profit of $530,000.

Odaily Planet Daily News: On August 26, DefiLlama and Web3 investment bank Forgd announced the launch of Universal Token Ratings (UTR), a rating system for digital assets similar to the frameworks used by Moody's and Fitch. The system currently covers 128 assets, with ratings ranging from AAA to CCC, and is updated regularly based on real-time market data.The UTR dashboard shows that the DeFi asset Uniswap (UNI) received the only AAA rating; Meteora (MET), Curve DAO (CRV), Raydium (RAY), Olexchange (O), Jito (JTO), ether.fi (ETHFI), Dogecoin (DOGE), Zama (ZAMA), and Pyth Network (PYTH) received AA ratings.DefiLlama's Head of Research, Ryan Celaj, stated that calculating ratings based on real-time market data helps users identify projects in a standardized manner. Forgd Founder and CEO Shane Molidor stated that UTR ratings must be continuously earned, and newly issued tokens at Token Generation Events (TGE) will initially receive provisional ratings. (Bitcoin.com News)