The Ethereum Foundation recently published a blog post updating the progress of its work on “Extending L1”, including the following: Marius van der Wijden joins Ansgar Dietrichs and Tim Beiko to lead L1 expansion; After the Berlinterop test, the Ethereum mainnet gas limit was raised to 45 million, laying the foundation for the future goal of 100 million gas and above. All mainstream execution layer clients have integrated pre-merged history expiration functionality, significantly reducing node disk usage. It is reported that the foundation reorganized its R&D team in June this year and changed its name to "Protocol", focusing on three strategic directions: L1 expansion, Blob expansion and user experience optimization, while taking into account security and decentralization.

According to Odaily Planet Daily, according to THE DATA NERD monitoring, 10 hours ago, Cumberland withdrew 36,918 ETH from Coinbase, worth approximately US$132.86 million; 4 hours ago, Abraxas_Capital continued to withdraw a total of 7,191 ETH from Binance, worth approximately US$25.97 million.

According to Odaily Planet Daily, according to Lookonchain monitoring, a whale recharged 1.25 billion PUMPs to the Kraken exchange 10 minutes ago, which is worth about 4.09 million US dollars at the current price. The whale participated in the PUMP public offering through 5 wallets, spending a total of US$5 million to purchase the above-mentioned tokens. If all of them are sold now, the loss will be nearly US$1 million.

According to Arkham's post on the X platform, ETF issuers including Fidelity, Grayscale, and Ark have recently begun selling BTC. For example, Fidelity saw an outflow of 2,965 BTC yesterday, and BlackRock also transferred 2,544 BTC to Coinbase Prime, which is suspected to be a sales operation. At the same time, several institutional Bitcoin treasury companies continued to increase their holdings, including Nasdaq-listed companies Empery Digital, Strategy, H 100, Metaplanet, etc.

According to Odaily Planet Daily, according to Lookonchain monitoring, Galaxy Digital unstaked 250,000 SOL 3 hours ago, currently worth approximately US$40.7 million, and transferred all tokens to the Binance exchange.

Odaily Planet Daily News: The Economic Observer published an article titled "Annualized Return of Up to 540%? An Investigation into the Chaos in Virtual Asset Investment," pointing out that a number of investment platforms packaged as "blockchain," "virtual assets," and "DeFi" have recently appeared on the market, but are actually engaged in illegal fundraising and rebate activities. The report states that these projects often use terms like "decentralized finance (DeFi)," "DApp wealth management," "stablecoin mining," and "Defai (DeFi + AI)" to mask risks, but in essence they remain traditional high-interest, crowdfunding models. Despite the technological trappings, the underlying principles remain the same. From a legal perspective, investors should be responsible for their own civil legal actions, be vigilant, rationally identify the authenticity of projects, and avoid falling into illegal traps in pursuit of high returns.