Harmony plans to shut down its mainnet, migrate its ONE token to Ethereum, and pivot to the AI video secondary creation economy.

Onchain Lens monitoring shows a large whale transferred $10.2 million from a centralized exchange (CEX) to Hyperliquid two days ago, then added an extra deposit of $4.5 million in USDC. The whale currently holds short positions totaling $106.6 million, with an unrealized loss of $19.62 million. Among these, ZEC short positions have an unrealized loss of $14.19 million, while HYPE short positions carry an unrealized loss of $5.32 million. Over the past 20 days, the whale has accumulated a total loss of $20.17 million.

Per GMGN market data, STONK, the token of Solana-based token launch platform StonkFun, briefly broke through $180 million in market capitalization to hit an all-time high. It is currently trading at $170 million, with a 24-hour increase of 434% and trading volume of $71 million over the same period. BlockBeats reminds users that related tokens have high price volatility, so investment should be approached with caution.

Flash News from Dongcha Beating AI: The privacy page on ego lite’s official website states that it collects data including visited URLs, page content, click and scroll activity, search and download history, which conflicts with the product’s core claim of local operation. Ego’s official team later responded that these descriptions do not apply to ego lite, explaining that the privacy policy had used generic terms prepared for the full version of ego without distinguishing between the two products. Ego and ego lite are two separate products. The full version of ego has not yet been officially launched; it is planned to have an officially hosted cloud Agent built-in, so it will involve web content, search and browsing operations when executing tasks. Ego lite, on the other hand, is a local browser for AI Agents such as Codex and Claude Code, and does not provide an officially hosted Agent itself. The official stated that ego lite will not collect or upload the aforementioned browsing data: web content is read by the user’s own Agent, and browser data remains on the user’s local device.

WOO X issued a statement addressing user withdrawal anomalies, noting that it has noticed reports of delayed withdrawal processing and is reviewing relevant individual cases and system statuses. Some withdrawal requests may still be under review or on-chain processing, and the team is working to resolve the issues as quickly as possible. Users facing withdrawal delays can submit their UID, withdrawal order number, application time, asset and network details, and status screenshots via official customer service channels. The platform reminds users not to trust unsolicited direct messages, and to refrain from sharing passwords, mnemonics, private keys, or verification codes. WOO X also stated that it reserves the right to take legal action against acts of fabricating, distorting, or maliciously spreading false information that harms users or the platform’s reputation, and reminds users to only rely on information from official announcements and customer service channels. Earlier reports: On-chain detective ZachXBT issued a community alert saying that over the past three days, multiple verified WOO X users have reported their withdrawals are stuck in "pending" or "processing" status.

Harmony announced plans to fully shut down its network and migrate its native token ONE to Ethereum, citing excessive threats from state-sponsored attackers and AI agents. Per the proposal, validators may cease operating nodes starting at 7 AM Pacific Time on September 10, 2026. The project will pivot its focus to the "AI video secondary creation economy": it plans to open prompts and materials for creators and fans to produce secondary works, with AI agents expanding content branches into more stories. For the migration, a snapshot will be taken at the network’s final block, and new ONE tokens will be airdropped to corresponding Ethereum wallet addresses (no active claim required). Delegated staking and unclaimed rewards will be transferred to each governor’s treasury. Multisig wallets, liquidity pools, and on-chain applications cannot be migrated; Harmony urges users to exit all smart contracts by September 10, 2026. Regarding the AI video business, Harmony is recruiting operators responsible for video generation, media distribution, and content moderation. In the first year, the platform will subsidize hardware costs and boost video generation demand. Operators must stake tokens to qualify, earn rewards based on service uptime, and cover other operational costs. The platform will also track and incentivize contributions to original works, secondary creations, and promotion. Harmony will provide a total one-time compensation of $1.372 million to validators and their delegates who shut down nodes on time, sign relevant agreements, retain staking, and continue participating in governance, with the compensation disbursed over four quarters. The total supply and issuance rate of ONE will remain unchanged; future token issuance will be allocated to the AI video project, with related arrangements to be made after soliciting feedback from governors.

Well-known trader Killa stated in a post that BTC typically enters a consolidation phase after every sharp rally or pullback. Having experienced a strong rally, he forecasts the market will move into a range-bound period next. With the current trend having turned bullish, he leans toward going long on dips. He stressed that this does not rule out shorting at the highs of the consolidation range, but such trades are counter-trend operations and require corresponding adjustments to position sizes.