The three exchanges jointly expressed their support for Aptos today. MEXC Ventures, Foresight Ventures, and Mirana Ventures announced the joint launch of a fund to support projects launched in the Aptos ecosystem. The fund will target projects built on the Aptos platform by providing resources to develop key Web3 use cases that leverage Aptos infrastructure. — link

Drift Labs announced the completion of a $25 million Series B financing round led by Multicoin, with participation from Blockchain Capital, Primitive Ventures, and Folius. This financing will help Drift expand its product suite on the Solana, including spot trading, derivatives trading, and prediction markets. — link

South Korea's largest crypto exchange Upbit will launch MEW Bitcoin and USDT markets. Cat-in-a-Dogs World (MEW) is a meme coin launched on the Solana network in March 2024. — link

The U.S. Treasury Department has imposed sanctions on Cambodian tycoon Ly Yong Phat and his businesses LYP Group and O-Smach Resorts for allegedly trafficking in people and forced labor to run online and virtual currency scams. Victims were lured to O-Smach with fake job opportunities and forced to engage in fraudulent activities. — link

The second GrowthNet Summit will be held in Singapore on September 18. This event is jointly initiated by Techflow and WuBlockchain, and invites communities from China, Japan, South Korea and Southeast Asia, as well as growth managers from well-known projects. Welcome to register and communicate in SG！— link

Sept. 13 Options Data
23,000 BTC options are about to expire with a Put Call Ratio of 0.87, a Maxpain point of $58,000 and a notional value of $1.34 billion.
127,000 ETH options are due to expire with a Put Call Ratio of 0.73, a Maxpain point of $2,400 and a notional value of $298 million.

September market was weak as expected, with ETH in particular extremely weak. The exchange rate against BTC has fallen below the long term support level of 0.04 and the engine of the next bull market still looks to be BTC. — link

Shenyu, co-founder of f2pool/Cobo and leader of the Chinese Crypto community, said that although the current market is full of FUD about ETH, ETH is still an innovation at the level of human civilization. It’s just that killer applications have not yet emerged, so the market underestimates its value, people should endure the market’s mispricing and volatility to get real returns. — link

Justin Drake of the Ethereum Foundation said in an AMA that the financial report will be released soon. The current annual expenditure is about $100 million. The foundation holds about $650 million in ETH reserves and enough fiat currency reserves to last for about 10 years, but this period will change with the fluctuation of ETH prices. — link

Two addresses (1M5L5) and (0x1A3) marked as custodian companies "Copper: Hot Wallet" deposited 1224.6 BTC and 59832.2 ETH to OKX 20 minutes and 15 minutes ago, respectively, worth $69.33 million and $143 million, with a total value of $212 million. — link — link

French football star Kylian Mbappe's Twitter account was hacked and released the token MBAPPE, which has now been deleted. The market value of MBAPPE tokens surged to tens of millions in a few minutes and then quickly returned to zero. A user bought 2 SOL (about $286) and sold it at a high point for a profit of about 1,398 SOL (about $200,000). — link