Techub News Evening Report: Privacy Public Chain Monero Suspected of Experiencing a 51% Attack
The Salvadoran government continues to increase its Bitcoin holdings.

Organizer: Nona

Fear & Greed Index: 60 (Greed) Bitcoin price: $118,564 BTC/ETH Spot ETF Fund Flow (Up 8.11) BTC Net Inflow: $178.15 M ETH net inflow: $1.02 B

Regulation/Macro

The Salvadoran government has been buying 1 Bitcoin every day for 1000 consecutive days.

The Salvadoran government has been purchasing 1 Bitcoin daily for 1000 consecutive days. On-chain data shows that the Salvadoran government currently holds a total of 6266.18 Bitcoins, valued at approximately 743.3 million USD.

Project/Company Updates

Fosun International, a listed company on the Hong Kong stock exchange, intends to apply for a Hong Kong stablecoin license.

Fosun International, a Hong Kong listed company, has formed a team to apply for a Hong Kong stablecoin license. Founder Guo Guangchang personally led the team to meet with Chief Executive of the Hong Kong Special Administrative Region John Lee and Financial Secretary Paul Chan on August 6. Among them, the Financial Secretary is the direct superior agency to the Monetary Authority, which is the regulatory body for the approval of the Hong Kong stablecoin license.

The Uniswap Foundation proposes to establish a legal entity DUNI that complies with the Wyoming DUNA framework.

The Uniswap Foundation proposes to establish a new legal entity, DUNI, using the decentralized unincorporated nonprofit organization (DUNA) framework in Wyoming. This proposal will allocate a value of 16.5 million USD in UNI to the new entity DUNI for the payment of past tax and legal defense budgets. The new entity does not change the Uniswap protocol, tokens, or governance structure, and fee revenues cannot be directly distributed to UNI holders. The Uniswap Foundation stated that adopting the DUNA framework will pave the way for Uniswap to unlock protocol fees, transferring a small portion of LP fees to the DAO treasury.

The U.S. listed company Fundamental Global purchased 47,300 Ethereum at an average price of $4,228.

The digital asset division of U.S. public company Fundamental Global Inc., FG Nexus, purchased 47,331 Ethereum at an average price of $4,228.40, worth approximately $200 million. In addition to this acquisition, the company also announced that it will change its stock ticker from FGF to FGNX.

Insiders: Bitcoin mining company MARA has acquired a 64% stake in the French data company Exaion for $168 million.

Bitcoin mining company MARA plans to acquire a 64% stake in the French data company Exaion for $168 million, becoming the majority shareholder. MARA may also invest an additional $127 million to increase its stake to 75%, while EDF will retain minority shareholder status. Exaion focuses on data center construction and the provision of cloud and artificial intelligence infrastructure. This move marks MARA's expansion into the field of artificial intelligence reasoning while accelerating its Bitcoin strategy. In the second quarter of this year, MARA's adjusted EBITDA grew by over 1000% year-on-year, reaching $808 million.

Ledger CTO: Privacy public chain Monero suspected of suffering a 51% attack

Ledger's CTO Charles Guillemet tweeted, "Monero seems to be undergoing a successful 51% attack. This privacy-focused blockchain was launched in 2014 and has long been a target for governments and three-letter agencies, and is now banned by most major centralized exchanges. The Qubic mining pool has been accumulating hash power for months and currently controls a majority of the Monero network's hash power. This morning, a significant blockchain reorganization was detected. With their current dominance, Qubic can rewrite the blockchain, enable double spending, and censor any transaction."

Deep & Forward-looking

Exclusive Interview with Wu Chen, Co-founder of EX.IO: The Regulatory Path of Web3 in Hong Kong, Giving Regulation a Little More "Love"

Wu Chen, with his cross-industry experience in traditional finance and the Web 3 space, leads EX.IO to find breakthroughs in a stringent regulatory environment, particularly in innovative practices within the RWA market, providing an efficient pathway for traditional capital to enter Web 3.

Decoding Hong Kong's Anti-Money Laundering Blueprint: The Compliance Revolution of Stablecoins

The Financial Action Task Force, a global leader in anti-money laundering standards, has long warned of the systemic risks posed by "unhosted" or self-custodied wallets engaging in peer-to-peer transactions. This is because these transactions bypass regulated virtual asset service providers, evading traditional KYC controls and the obligations of the travel rule, which requires the identification of sender and receiver information to accompany each relevant transaction.

Viewpoint

9 trillion pension funds "enter" the crypto market. Is a bull market far away?

The increase in ETH is driven by real money from institutions rather than the self-owned funds of the cryptocurrency market. In the current context of tight liquidity, institutional investment targets are also more conservative, tending to favor cryptocurrencies with controllable risks. The impact of this is that funds are difficult to spill over into the altcoin market; in other words, the funds driving Ethereum's rise find it hard to transmit to altcoins.

The methodology for finding Alpha and Beta in the new round of the Crypto market

Everyone is shouting that the bull is coming, but can we know that the methodology for finding market Alpha and Beta this time is completely different.