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

Jiang Zhuoer explained the reason for liquidating his BTC positions: a pullback may occur, with the price potentially dipping to hit the concentrated liquidation zone at $76,000.

Jiang Zhuoer, founder of BTC.TOP (Laibit Mining Pool), noted in a post that since Bitcoin (BTC) rallied sharply on August 20, the market has not seen a significant correction. The market remains in the early phase of a bull market rife with distrust and skepticism, with many investors harboring deep fears of steep price crashes. The concentrated liquidation zone around $76,000 on the heatmap is larger than the zone around $83,000 higher up. He argued that the market is more likely to test the lower liquidation zone, and this "magnetic effect" was the main reason he sold his entire BTC position at $82,000 two days ago.

4 minutes ago

A crypto whale shorted ZEC and HYPE, incurring an unrealized loss of nearly $20 million.

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.

4 minutes ago

Solana ecosystem token STONK’s market cap briefly broke through $180 million to hit a new high, with a 24-hour gain of 434%.

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.

4 minutes ago

Ego Lite Exposed for Collecting Web Content; Official Responds: Privacy Policy Was Incorrect.

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.

4 minutes ago

WOO X Responds to User Withdrawal Anomalies: Team Working to Resolve Related Issues As Soon As Possible

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.

4 minutes ago

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

Harmony announced in a post that it plans to fully shut down its Harmony network and migrate its native token ONE to Ethereum, citing excessive threats from state-sponsored attackers and AI agents. Per the proposal, validators may stop operating nodes starting at 7:00 AM Pacific Time on September 10, 2026, as the project shifts its development focus to the "AI video secondary creation economy". The migration plan will take a snapshot at the network’s final block, with new ONE tokens airdropped automatically to corresponding Ethereum wallet addresses—no action is required from holders. Delegated staking and unclaimed rewards will be airdropped to each governor’s treasury. Harmony noted that multi-signature wallets, liquidity pools, and on-chain applications cannot be migrated, urging users to exit all smart contracts before September 10. Relevant token contracts, snapshot calculations, and airdrop scripts will be made public for auditing. The project also plans to launch a one-time compensation program totaling $1.372 million, available to validators and their delegates who shut down nodes on schedule, sign the agreement, retain staked assets, and continue serving as governors, with payments distributed over four quarters. The total supply and issuance rate of ONE will stay unchanged; future minted tokens will be allocated to new AI video projects, subject to feedback from governors.

4 minutes ago