Bitcoin Surpasses $84,000

Polymarket CEO Shayne Coplan stated at Token2049 that his team is exploring an on-chain asset tied to Polymarket’s economy and featuring genuine procedural utility, referring to it as “what the concept of a stock should have been.” Coplan also cautiously emphasized that this is not investment advice.

Crypto trader Frogman confirmed in a post on X that $4 million worth of his assets were stolen. He stated, “I’m not yet sure how this happened, but I’m currently in Singapore. I thank the teams and individuals assisting with the investigation, and I will share as much additional information as possible.” Early this morning, reports indicated that roughly $4 million in assets from Frogman’s wallet were transferred and sold, converted into ETH, BNB, and SOL, then dispersed via tools including Privacy Cash and Chainflip. The stolen assets cover 9 tokens, including 1.43 million BP (valued at ~$1.77 million), 13.96 million MarsCoin (worth ~$1.55 million), and 3.7 million Cash Cat (valued at ~$510,000). The hacked wallet address has been flagged.

Two of Frogman(@frogmanhaha)'s wallets were hacked, losing ~$4M! Including: 1.43M $BP ($1.77M) 13.96M $MARSCOIN ($1.55M) 3.7M $CASHCAT ($515K) and more. The attacker has swapped the stolen assets for $ETH, $BNB, and $SOL and laundered the funds.

According to on-chain data, shortly after Abstract’s shutdown announcement, a newly created address withdrew $1 million from Kraken, then rapidly purchased 25 Pudgy Penguins NFTs on the market. As of press time, the wallet still holds ETH worth $766,000. The floor price of Pudgy Penguins NFTs stands at 3.3 ETH as of press time, with a 24-hour increase of 6.8%. Pudgy Penguins CEO Luca Netz stated in a post that Abstract is gradually shutting down, and its parent company Igloo Inc. will henceforth redirect all efforts to the development of Pudgy Penguins, Pudgy NFTs, and the PENGU token.

Hyperliquid founder Jeff Yan stated at Singapore’s TOKEN2049 event that options will be Hyperliquid’s next component, enabling traders to hedge options positions against spot and perpetual contracts on the same order book.

Beating AI Express News: This year’s National Day light show at Shenzhen Talent Park projected DeepSeek founder Liang Wenfeng and the "blue big fat fish" onto Houhai’s skyscrapers. Multiple on-site videos show the building lights sequentially displaying Liang’s portrait, a blue whale figure, and later footage of embodied intelligence robots. The "blue big fat fish" is not DeepSeek’s official mascot, but an anthropomorphic character created for the firm by Chinese AI communities this year. Derived from DeepSeek’s blue whale logo, it was reimagined as a "whale girl" fond of eating white rice and slacking off, quickly spreading across platforms including Bilibili, Tieba, and Linux DO. Terms like "Liang Sheng" and "Big Fat Fish" have since become fixed memes in the DeepSeek community.