PANews reported on August 17th that Coinglass data showed that over the past 24 hours, the cryptocurrency market saw $133 million in liquidated contracts across the network, including $101 million in long positions and $32.1821 million in short positions. The total amount of BTC liquidations was $7.867 million, and the total amount of ETH liquidations was $61.0386 million.

PANews reported on August 17th that on-chain analyst Yu Jin has discovered that a whale/institution has accumulated $136 million worth of WBTC and ETH through revolving loans on OKX and Bybit over the past six days. The individual first withdrew some WBTC and ETH from OKX and Bybit and deposited them into Aave, then borrowed USDT and transferred it to Bybit, before withdrawing WBTC and ETH from OKX and Bybit. Currently, the individual has accumulated 918.6 WBTC (108 million at an average cost of $118,833) and 6,218 ETH (28.33 million at an average cost of $4,511) over the six-day period. Their Aave loans total $29 million.

PANews reported on August 17 that according to CoinDesk, Circle and Stripe are building their own proprietary blockchains. Startups Plasma and Stable have also recently raised funds to develop dedicated chains for USDT (USDT). Securitize is working with Ethena to build Converge. Ondo Finance announced earlier this year that it will launch an internal chain. In addition, Dinari said it will soon launch a layer-1 network powered by Avalanche for clearing and settling tokenized stocks. Martin Burgherr, Chief Client Officer at crypto bank Sygnum, stated that establishing its own Layer 1 is a matter of control and strategic positioning. The economics of stablecoins are determined by settlement speed, interoperability, and regulatory alignment. Therefore, owning a base layer allows companies to directly embed compliance, integrate foreign exchange engines, and ensure predictable fees. Currently, stablecoin issuers rely on Ethereum, Tron, or other stablecoins for settlement. This reliance exposes them to the risks of external fee markets, protocol governance decisions, and technical bottlenecks.

PANews reported on August 17th that Fractal Bitcoin announced in a post on the X platform that the Single-Step Transfer feature is currently being deployed to the Fractal mainnet and has been first integrated into the Unisat extended wallet. This feature will further support Bitcoin's native scaling solution while ensuring network integrity.

PANews reported on August 17 that according to monitoring by The Data Nerd, four whales withdrew a total of more than 400,000 LINK from Binance in the past 24 hours, worth approximately US$9.82 million: 0x99b: Withdrawn 102,250 LINK, valued at approximately $2.47 million --> Holding 273,000 LINK, valued at approximately $6.6 million; 0x4a8: Withdrawn 43,133 LINK, valued at approximately $1.04 million. -> Holding 312,300 LINK, valued at approximately $7.7 million. 0xa36: Withdrawn 169,600 LINK, valued at approximately $4.14 million. -> Holds 275,000 LINK, valued at approximately $7.7 million. - 0x4EB: Withdrawn 89,900 LINK, worth approximately $2.17 million --> Holding 721,300 LINK, worth approximately $17.44 million.

PANews reported on August 17th that Strategythreserve published an article on the X platform, revealing that MaiaDAO, a cross-chain DeFi protocol that supports automated management of liquidity and intent/OFT full-chain swaps, has announced the launch of its Ethereum reserve. The current ETH holdings have reached 169, ranking 64th among Ethereum reserve institutions.

PANews reported on August 17 that the Solana network's maximum single-block processing speed reached 107,664 transactions per second (TPS), setting a record for the network's highest throughput in history.

PANews reported on August 17th that Bitcoin Treasury Capital CEO Christoffer De Geer announced on the X platform that the company has launched a convertible stock loan program for 105 BTC. The loan is structured into up to five tranches of 21 BTC each. The first tranche has already been launched, with an exercise price of 400 Swedish kronor per share. The conversion window opens on September 10, 2025, and future target conversion prices within the framework are 450, 500, 550, and 600 Swedish kronor. The instrument matures in six months, with repayments made in BTC. Through this Bitcoin convertible stock loan program, Bitcoin Treasury Capital will increase its reserves and continue to accumulate Bitcoin.

PANews reported on August 17 that according to Arkham monitoring data, about nine hours ago, an address suspected to be associated with crypto investor Rudy Kadoch transferred approximately 1.976 million CRV to Binance, worth approximately US$1.72 million.

PANews reported on August 17 that according to data disclosed by EntropyAdvisors, Arbitrum DAO was one of the first organizations to join the Ethereum Strategic Reserve. Its Ethereum treasury has grown by approximately 36% per month, reaching 22,500 ETH at the time of writing, with a value of nearly US$100 million, accounting for 0.02% of the current Ethereum supply.

PANews reported on August 17 that Nate Geraci, co-founder of The ETF Institute, posted on the X platform that the vast majority of investors participating in the Bank of America Global Fund Manager Survey still have zero exposure to cryptocurrencies. Among the few investors with exposure, the average portfolio allocation ratio is 3.2%.

PANews reported on August 17 that according to Lookonchain monitoring, a trader turned $125,000 into $29.6 million in just four months by going long on ETH on HyperLiquid, earning a 236-fold return.

PANews reported on August 17 that according to Onchain Lens detection, a newly created wallet withdrew 450 BTC from Binance, worth US$53.22 million.

PANews reported on August 17 that according to Onchain Lens detection, a whale deposited 3,492 ETH into Binance in the past 24 hours, worth US$15.57 million, and made a profit of US$17.37 million.

PANews reported on August 17th that Token Unlocks data showed that tokens such as FTN, ZRO, and KAITO will see large-scale unlocking next week, including: Fasttoken (FTN) will unlock approximately 20 million tokens at 8:00 AM Beijing time on August 18, accounting for 2.08% of the current circulating supply and valued at approximately US$91.4 million. LayerZero (ZRO) will unlock approximately 25.71 million tokens at 7:00 PM Beijing time on August 20th, representing 8.53% of the current circulating supply and valued at approximately $56.6 million. KAITO (KAITO) will unlock approximately 23.35 million tokens at 8:00 PM Beijing time on August 20th, accounting for 10.87% of the current circulating supply and valued at approximately US$26.2 million. SOON (SOON) will unlock approximately 41.88 million tokens at 4:30 PM Beijing time on August 23rd, accounting for 13.04% of the current circulating supply and valued at approximately US$12.1 million. ZKsync (ZK) will unlock approximately 25.71 million tokens at 7:00 PM Beijing time on August 20th, representing 8.53% of the current circulating supply and valued at approximately $56.6 million. Melania Meme (MELANIA) will unlock approximately 26.25 million tokens at 8:00 am Beijing time on August 18, accounting for 5.60% of the current circulation and worth approximately US$5.7 million.

According to PANews on August 17, according to monitoring by on-chain analyst Yu Jin, in the past 40 minutes, Sky Lianchuang Rune repurchased 16.38 million SKY with 1.77 million ENA. Since the beginning of June, he has used the income from staking SKY (USDS and SPK) and today's ENA to repurchase a total of $10.21 million in funds to repurchase 122 million SKY, with an average price of $0.0836.

PANews reported on August 17th that Simon Gerovich, CEO of a Japanese listed company, stated in a post on the X platform that the company's goal of increasing its Bitcoin holdings to 30,000 this year remains unchanged (current holdings are 18,113 BTC) and that it will own 1% of all Bitcoin by 2027. The company is currently following a clear roadmap to guide daily execution and long-term goals. Metaplanet is fully transparent, providing proof of reserves and openly sharing its performance dashboard data. Trust is built on verification. Metaplanet, along with Strategy and other companies, is incentivizing hundreds of companies worldwide to add Bitcoin to their balance sheets, driving growth and adoption. The recent market decline is normal; what truly instills confidence in the market is the continued strengthening of fundamentals.

PANews reported on August 17th that, according to China News Service, after China strictly banned virtual currency transactions in 2021, the preservation and disposal of virtual currencies involved in criminal cases has become a thorny issue for local police. Recently, reporters accompanied the Ministry of Public Security's "Guardians Under the Sun" law-based public security publicity campaign on a visit to the Duyun City Property Management Center in Qiannan Buyi and Miao Autonomous Prefecture, Guizhou Province, to learn about local police practices in preserving virtual currencies involved in criminal cases. During the investigation, police discovered that suspects had converted illegally obtained funds into virtual currency. During the seizure process, Duyun police froze the virtual currencies involved and seized them in cold wallets established by the police for physical isolation. The funds are then stored at the Duyun City Property Management Center, awaiting a court ruling. The Duyun City Police Department's exploration of this approach has provided a solution to the problem of preserving virtual currencies involved in criminal cases, and local authorities are still searching for better solutions. Duyun Police are reportedly focusing on the difficulties in preserving, transferring, and disposing of criminal property, actively exploring reforms in property management, and promoting the establishment of a cross-departmental property management center. Since the center was completed and put into use in November 2022, it has received 24,753 items involved in the case, more than 20.4955 million yuan in funds involved in the case, and centralized the storage of more than 7,000 files of various cases.

PANews reported on August 17 that Michael Saylor once again released Bitcoin Tracker information on the X platform, and may disclose the increase in holdings next week. He wrote: "The amount of orange is insufficient."

PANews reported on August 17th that Wilder World (WILD) has been listed on Binance Alpha. Users with at least 200 Binance Alpha Points can claim an airdrop of 100 WILD tokens. This airdrop is available on a first-come, first-served basis. The minimum score will automatically decrease by 15 points every hour while the promotion is ongoing. Please note that claiming the airdrop will cost 15 Binance Alpha Points. Users must confirm their claim within 24 hours on the Alpha promotion page; otherwise, they will forfeit the airdrop.