A whale invested $2.28 million to purchase YZY tokens, realizing a paper profit of approximately $6 million.

On August 21st, TRM Labs, in conjunction with Coinbase, Binance, Kraken, PayPal, and other entities, launched the Beacon Network, establishing the world's first real-time cryptocurrency crime response network. The network aims to collaboratively track and freeze illegal crypto funds in real time through the cooperation of CEXs, payment institutions, law enforcement agencies, and security researchers. TRM Labs characterized this as the first "end-to-end anti-money laundering chain" for illicit crypto assets, with the process from detection to action taking only minutes. (Cointelegraph)

August 21st. As per an announcement by WEEX, WEEX will take part as a silver sponsor in the 2025 Taipei Blockchain Week (TBW2025). This event will be held grandly from September 4th to 6th at the Songshan Cultural and Creative Park in Taipei. Being the largest immersive Web3 and AI event in Asia, the 2025 Taipei Blockchain Week will gather blockchain and cryptocurrency experts and enthusiasts from around the world. For the first time, it will introduce the theme of AI to explore the future possibilities of the integration of blockchain and artificial intelligence technologies. The event aims to drive industry innovation and development through multi-dimensional workshops, exhibitions, and interactive experiences. The WEEX trading platform has sponsored the Taipei Blockchain Week for two consecutive years, which shows its deep involvement in the Web3 field and brand influence.

On August 21st, according to GMGN market data, YZY fell below $1.2 and is currently trading at $1.15. The total trading volume since its launch is $3.972 billion.

On August 21st, as monitored by Onchain Lens, a trader initiated a short position in YZY with a 3x leverage. Currently, they are holding a floating profit of $168,000.

On August 21st, User X Caroline (@thcaroline2233) declared that the information previously provided by this account about the MyStonks platform was false and has now been removed. In a previous communication, Caroline mentioned that she was unable to withdraw $6.2 million from the on-chain security platform MyStocks due to a risk control activation. MyStonks responded in a post, indicating that they had received a regulatory enforcement request regarding a particular user. MyStonks emphasized that the security of user assets and the stable operation of the business are of the utmost importance. The platform will continuously optimize compliance measures to protect the legitimate rights and interests of all users and their funds. As a compliant platform, MyStonks will actively cooperate with any regulatory actions requested by sovereign countries.

On August 21st, during the YZY token launch, the actual TPS (non-voting transactions) of the Solana Network reached 2300, hitting a new all-time high. (Solana Floor)