Planet Morning

1. In August, the total transaction volume of CEX spot and derivatives dropped by 11.5%, and the spot transaction volume hit a new low since March 2019; 2. International Organization of Securities Commissions: Find out who is in charge of the DeFi project and supervise it; 3. Binance: Users affected by the CYBER coin-earning event will receive a total of 1 million USDT worth of subsidies; 4. Since the SEC lawsuit, Coinbase executives have sold more than $30 million worth of Coinbase stock; 5. OpenCover, a decentralized insurance provider, completed a $4 million seed round, led by NFX and Jump Crypto; 6. Kraken’s derivatives division is negotiating with UK regulators to expand its business; 7. Grab, a multifunctional online service platform in Southeast Asia, added Web3 wallet to its application; 8. JP Morgan lowered its estimate for the cost of Bitcoin mining to $18,000; 9. The FBI identified Lazarus Group as the hacker of the "Stake.com Stolen $41 Million Incident"; 10. CZ: Binance has no liquidity problems and user funds are safe, ignore FUD; 11. JPMorgan Chase plans to launch a blockchain-based payment and settlement deposit token, which still needs regulatory approval; 12. The Base Ecological Fund announced the first batch of six investments, including synthetic derivatives agreement Avantis, etc.; 13. The California judge rejected the fraud lawsuit filed by ParaFi, Framework and 1kx against the founder of Curve; 14. The US CFTC filed charges against Opyn, ZeroEx and Deridex, requiring payment of civil fines and cessation of violations; 15. Former FTX executive Ryan Salame has pleaded guilty and will be confiscated over $1.5 billion in assets; 16. The tokenized asset alliance established by Coinbase, Circle and other institutions calls for bringing traditional financial assets into the blockchain; 17. Web3 music platform Medallion has raised $21.5 million in funding.