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The Best-Haired Man on Wall Street Analyzes the $8 Billion ETH Bet Logic.
The vast majority of cryptocurrency concept stocks are traded on Nasdaq. The exchange hopes that companies will slow down before transforming into cryptocurrency stocks to ensure that investors fully understand the associated risks.
On-chain data shows that WLFI has officially blacklisted one of Justin Sun's wallet addresses, directly locking over $100 millions worth of unlocked WLFI tokens in that address, as well as billions of tokens that are still in a locked state.
![[Bitpush Daily News Selection] Sources: Nasdaq is tightening scrutiny of "crypto custody" companies; Stripe and Paradigm-incubated payment public chain Tempo has launched its private testnet; BlockSpaceForce partners with Mainnet Capital to launch a crypto hedge fund targeting $100 million in assets under management.](https://img.bgstatic.com/multiLang/image/social/245a723aba766e3fbc286c7999ff8e1e1756977902232.png)
CANGO Group (Stock Code: CANG) has released the key highlights of its Q2 2025 financial report. The revenue and profit performance was strong, with two one-time accounting adjustment-related losses being non-operational in nature. The company is strategically aimed at the high-value "AI Computing Power and Energy Synergy" scenario in the long term.
In Brief Bitcoin prices remain stagnant, and altcoin losses surpass 4%. Michael Poppe advises on taking advantage of crypto market corrections. Efloud highlights HYPE Coin's innovative market approach and high volatility risks.
- 03:56Data: Ethereum spot ETF saw a total net outflow of $167 million yesterday, marking four consecutive days of net outflows.ChainCatcher News, according to SoSoValue data, the total net outflow of Ethereum spot ETFs yesterday (September 4, Eastern Time) was 167 million USD. The Ethereum spot ETF with the highest single-day net inflow yesterday was Blackrock ETF ETHA, with a single-day net inflow of 149 million USD. The historical total net inflow of ETHA has reached 13.122 billions USD. The Ethereum spot ETF with the highest single-day net outflow yesterday was Fidelity ETF FETH, with a single-day net outflow of 217 million USD. The historical total net inflow of FETH has reached 2.515 billions USD. As of press time, the total net asset value of Ethereum spot ETFs is 27.78 billions USD, and the ETF net asset ratio (market value as a percentage of Ethereum's total market value) is 5.34%. The historical cumulative net inflow has reached 13.172 billions USD.
- 03:56SEC regulator: Gensler's mobile data deleted, including records related to crypto enforcement actions and transparencyJinse Finance reported that the Office of Inspector General (OIG) of the U.S. Securities and Exchange Commission (SEC) revealed in a report released on Wednesday that the SEC's IT department "implemented an incomprehensible automation policy, resulting in the erasure of data from mobile devices issued by the Gensler administration," deleting stored text messages and operating system logs. The OIG found that some of the deleted texts by Gensler involved SEC enforcement actions against cryptocurrency companies and their founders, meaning that key communications regarding how and when the SEC pursued cases may never be fully known, not even to the courts, Congress, or the public.
- 03:47Justin Sun calls on World Liberty Financials to unlock its tokens, claiming his innocenceChainCatcher news, Justin Sun posted on X stating that as one of the early major investors in World Liberty Financials, his tokens have been unjustly frozen. He called on the project team to unlock his tokens. Justin Sun emphasized that a great financial brand must be built on fairness, transparency, and trust, and that unilaterally freezing investors' assets not only infringes upon investors' legitimate rights and interests, but may also undermine broader confidence in World Liberty Financials. Previously, Justin Sun retweeted a post by Nansen CEO Alex Svanevik regarding "Justin Sun did not cause the WLFI drop" and stated, "I am innocent."