cate

According to ChianCatcher news, the stablecoin credit protocol Ebisu Finance announced today that it has decided to gradually shut down the project. Users need to quickly close remaining Troves, withdraw Stability Pool deposits, and ebUSD DEX liquidity. The minting of ebUSD has been suspended, and the front end will be deprecated in 3 months on October 30.This protocol is a fork of Liquity V2, supporting new collateral types and adjustable risk parameters. It has been running for over a year and has passed two audits. Ebisu aims to provide fixed-rate, open-term credit through ebUSD, with collateral including blue-chip yield-bearing assets such as LRTs, but the team has failed to expand ebUSD liquidity to support meaningful lending volumes.The project explored multiple solutions, including liquidity optimization, multi-chain expansion, structured products, and acquisition opportunities, but none addressed the core bottleneck of the CDP protocol: stablecoin liquidity and sustainable demand. The team stated that there are no plans for the launch or airdrop of EBISU tokens and thanked supporters, inviting other teams to contact them for permission to use their tech stack.

According to GMGN data, the top 5 tokens with net inflow of smart money in the past 24 hours are as follows:CATE (Ai66....ump): Net inflow of $6,000, with a 24-hour increase of 52.1%, currently priced at $0.0043.PVE (4hPR....ump): Net inflow of $1,000, with a 24-hour increase of 1373.3%, currently priced at $0.0001.OnlyMarms (HBrf....ump): Net inflow of $829, with a 24-hour increase of 3661.8%, currently priced at $0.0002.carcat (x8cK....ump): Net inflow of $500, with a 24-hour increase of 19.1%, currently priced at $0.0001.KRISPY (48wM....ump): Net inflow of $444, with a 24-hour increase of 34.7%, currently priced at $0.0001.

Doge prototype Shiba Inu Kabosu's owner Atsuko Sato clarified in a post that a series of CATE tokens circulating in the market recently have no connection to her. She stated that she had only posted a dynamic on Instagram previously, but that content was subsequently used by others without authorization to issue false tokens, creating the illusion of a connection with her. She expressed regret about this and pointed out that some accounts involved in spreading related information even include users with significant influence on the X platform.She emphasized that the only project currently authorized by her and responsible for managing her intellectual property is Own The Doge. She introduced that Own The Doge acquired Doge NFT in 2021 and launched the DOG token, while also being responsible for hosting Doge Day events, supporting charitable causes, and managing her intellectual property. In 2025, both parties collaborated to launch the COCORO token on the Base network.She stated that the profits obtained from the aforementioned projects will be used to care for her pet family members and support animal protection public welfare activities carried out by withkabosu. She urged the public to rely on officially released information and to remain vigilant about any unauthorized projects or tokens issued in her name, to avoid being misled by unrelated cryptocurrency projects.

According to Jinshi reports, Pruis stated that the number of dissenting votes at this week's Federal Reserve meeting will be closely monitored as an indicator of the degree of disagreement within the Federal Open Market Committee (FOMC). The voting results are expected to be 10 votes in favor and 2 votes against, with Logan and Hamak voting against, advocating for a 25 basis point rate hike. If dissenting votes exceed three, even if the rate remains unchanged in July, it will be a clearer signal indicating that the committee is moving towards a rate hike in September.

According to Bitcoin.com, U.S. Senator Cynthia Lummis is pushing for the CLARITY Act to complete Senate voting before Congress goes into recess. Article 303 of the bill grants the Treasury Department the authority to impose targeted sanctions on digital assets in foreign jurisdictions, while Article 305 allows exchanges to freeze suspicious transactions for up to 180 days.On-chain data shows that North Korea's Lazarus Group stole approximately $643 million in the first half of 2026, accounting for two-thirds of the total amount stolen in cryptocurrency globally during the same period ($972 million), which includes a $285 million attack on Drift Protocol in April and a $292 million attack on the KelpDAO cross-chain bridge. The organization has accumulated a total theft of $6.75 billion since 2019.Currently, Galaxy Research has lowered the probability of the CLARITY Act passing in 2026 to 30%. The bill still requires 60 votes to advance, meaning at least 7 Democratic senators need to cross party lines to support it.

According to GMGN data, the top 5 trending sector tokens in the past 24 hours are as follows:CATE (Ai66....ump): Currently priced at $0.0085, market cap of $7.86 million, 24h increase of +363K%, 24h trading volume of $38.06 million, number of trades 300,896;Jimothy (Ge87....ump): Currently priced at $0.0071, market cap of $7.04 million, 24h decrease of -43.8%, 24h trading volume of $17.11 million, number of trades 84,948;SalaryCat (GiRr....ump): Currently priced at $0.0002, market cap of $170,000, 24h increase of +7.82K%, 24h trading volume of $5.68 million, number of trades 83,376;Kittens (C1rB....ump): Currently priced at $0.0004, market cap of $340,000, 24h increase of +14.3K%, 24h trading volume of $4.41 million, number of trades 75,534;Nong (YKHT....ump): Currently priced at $0.0001, market cap of $3.46 thousand, 24h increase of +72.9%, 24h trading volume of $1 million, number of trades 114,660;

According to GMGN data, the market capitalization of the SOL Meme coin CATE briefly surged past $9.5 million, with an intraday increase of over 230 times, currently reported at $7.09 million. The market enthusiasm for CATE stems from a new rescue kitten video released by DOGE owner @kabosumama.Subsequently, community user @HimothyGoggins retweeted and speculated that the cat was named "Hiromi," but this claim has not been confirmed by Kabosu's owner. Afterward, @thedevrrrrrrr suggested "running CATE like DOGE," and the token was quickly created on Pump.fun, attracting community attention.It is important to note that there is currently no evidence that this cat is named Hiromi, nor has it been officially confirmed to be named CATE. The name CATE comes from the previous "Cate" cat meme, which has been repurposed by the community for the dissemination of this event. CATE is not an official token of Kabosu's owner, nor is it named after the actual name of the cat, but rather a community meme coin formed by combining real events with existing internet memes. According to market news, meme coin prices are highly volatile, so please be aware of market risks.

Binance founder CZ responded to the question "Why not acquire smaller CEXs" by stating that acquiring centralized exchanges is different from other businesses. Once a hack occurs after the acquisition, it is difficult to determine whether it is a backdoor left by the previous team or a new issue, thus the security and compliance risks are higher. He emphasized that acquiring CEXs is still possible, but the due diligence and risk control processes are more complex.

Coinbase is undergoing the largest executive reshuffle in recent years. Chief Talent Officer Lawrence Brock has stepped down and transitioned to an advisory role, while co-head of the institutional division Greg Tusar has moved to a policy position; previously, General Counsel Paul Grewal planned to leave, and Jesse Pollak has stepped down as head of the Base app. After laying off 14% of its workforce in May, Coinbase is accelerating its transformation into a comprehensive trading platform that includes stocks and prediction markets.

According to TASS, the Governor of the Central Bank of Russia, Elvira Nabiullina, stated that there are no restrictions on transferring cryptocurrencies from Russia to overseas for all categories of investors, but investors should be aware that such operations currently lack legal protection.

On-chain analysis platform Bubblemaps revealed that the ecological token BMEX launched by BitMEX in 2021 had 75% of its supply originally allocated for employee incentives, ecological growth, and long-term reserves never claimed. Data shows that 92% of the supply was initially locked in vesting contracts, while the remaining 8% was distributed at launch (5% for airdrops, 3% for products and liquidity). The only claim occurred on November 2, 2022, when the product and liquidity addresses claimed 63.75 million BMEX, with no claim records from other addresses. Bubblemaps pointed out that the tokenomics or allocation plan may have off-chain adjustments later, but based on the announced plan, the relevant allocations may not have actually been executed.BitMEX announced on July 23 that it would officially cease operations on September 23. The price of BMEX has dropped by about 95% since the shutdown announcement, currently quoted at approximately 0.0052 USDT. It is understood that the official handling of the BMEX token is very limited, with no additional compensation or special arrangements. The only action explicitly mentioned in BitMEX's official shutdown announcement is that the platform has immediately unstaked all staked BMEX and returned it directly to the holders' accounts.

Famous trader Killa posted that Bitcoin's historical bear markets typically complete a 5-wave adjustment and form two significant peaks. The first peak often occurs after the initial major rebound following the top, known as the "complacency peak," where the market generally believes that the bull market has returned. Subsequently, prices usually continue to decline to new lows. He pointed out that similar structures appeared in the cycles of 2014, 2022, and 2026.After the complacency peak is formed, the market typically experiences a "dead cat bounce" and establishes a phase bottom; as market sentiment deteriorates and short positions concentrate, a short squeeze then drives the price rebound, with the final bottom usually forming after the second significant retest.Killa believes that BTC has currently swept through the bottom formed by the "dead cat bounce" and completed a 5-wave adjustment structure similar to previous cycles. From a structural perspective, the adjustment wave has ended, and the bottom may have already formed. However, he remains cautious about the time cycle. Previous bear markets typically lasted about 365 days before forming the final bottom, while this round, if the bottom has already appeared, has only lasted about 260 days, which is about 100 days earlier than the historical cycle. Currently, he maintains a 50-50 judgment, but compared to significantly making new lows, the likelihood of forming higher lows subsequently is greater.

According to Gate Ventures' latest weekly report, influenced by the escalation of geopolitical risks and changes in the AI competitive landscape, all three major U.S. stock indices fell last week, energy prices rose significantly, and the trends of safe-haven assets like gold and U.S. Treasuries diverged. The cryptocurrency market continued its structural trend, with Bitcoin and Ethereum rising by 1.5% and 3.6%, respectively, while both spot BTC and ETH ETFs maintained net inflows.In terms of industry development, regulation and real-world applications continued to be the focus this week. Japanese convenience store giant Lawson, in collaboration with Netstars, is advancing a stablecoin payment pilot, further promoting the use of stablecoins in everyday consumption scenarios; South Korea plans to officially incorporate digital assets into its national asset management framework and explore the tokenization of government bonds and state-owned assets, with the construction of RWA infrastructure continuing to accelerate. In Europe, after the transition period of MiCA ended, the total number of licensed institutions increased to 294, although the number of new licenses has slowed down, institutional participation remains strong.In terms of investment and financing, the cryptocurrency industry recorded a total of 16 financing events last week, highly concentrated in the infrastructure sector: among them, Alpaca completed a $135 million financing to enhance tokenized securities and AI financial infrastructure; Flex completed a $70 million financing to further expand its stablecoin cross-border payment network, continuously confirming the capital market's long-term optimism towards digital financial infrastructure. Gate Ventures believes that as the global regulatory framework gradually improves and the integration of traditional finance and blockchain deepens, the digital asset ecosystem is expected to enter a more mature and diverse development stage.

Glassnode data shows that buyers who have held Bitcoin for 1-2 years have realized losses, which may indicate the bottom of the bear market in 2026, with $69,000 becoming a key price battleground.

Coinbase Institutional stated that U.S. non-farm employment was far below expectations, but the escalation of conflicts in the Middle East has brought inflation risks back into focus for the market. The market is shifting towards pricing "higher interest rates for a longer duration," financial conditions are tightening further, long-term risk assets are under pressure, and the probability of another interest rate hike within the year is also increasing.Amid multiple negative factors, BTC only fell by about 2%, and this relatively resilient performance may indicate that the market is undergoing a bottoming process.

According to Jinshi reports, SK Hynix's American Depositary Receipts indicate an opening price of $180, with an issue price of $149.

According to CoinDesk, the Genlayer Foundation, in collaboration with 27 companies including OKX, MetaMask, and Matter Labs, has launched the "Internet Court" protocol, aimed at providing a unified dispute resolution mechanism for payments, custody, and contract disputes between AI agents.The project seeks to address the current issues of fragmentation in payment, identity, and interoperability standards within AI business systems, providing a more suitable adjudication infrastructure for transactions between machines.

Tom Lee, the chairman of BitMine, Ethereum's largest treasury, stated that although there is still widespread skepticism about ETH in the market, the ETH/BTC exchange rate is rising, indicating that investors are anticipating an improvement in the visibility of cryptocurrency "use cases," which is a good thing for the market.