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The Kansas City Federal Reserve's annual Jackson Hole Symposium is underway, and Powell will deliver his keynote address Friday morning.
A lot of put options are in-the-money, crypto options exchange Deribit's Lin Chen said.

Don't ready too much into the move, said one observer, calling it a typical position reset.

The latest price moves in crypto markets in context for August 24, 2023.

Both tokens rose 3%, bitcoin and ether added as much as 1.2% and bnb (BNB) rallied 1% after staving off concerns about contagion risks in the BNB Chain ecosystem.

Despite today’s market-wide advance, the outlook for risk assets is pointing to softer prices for the next few weeks, one observer noted.



- 15:25ZKsync confirms airdrop contract admin key leak resulting in approximately $5 million in ZK being stolen and soldAccording to ChainCatcher reports, the ZKsync official notification stated that the security team discovered that an admin account for the airdrop contract was leaked. Attackers controlled and sold approximately $5 million of unclaimed ZK airdrop tokens. The incident was caused by the leak of a single key and did not affect the protocol itself or the ZK token contract. User funds remain safe. An official investigation is underway, and a detailed report will be released later.
- 15:14Over the past 48 hours, there have been multiple large BTC withdrawals, with 4 whales withdrawing a total of 5,532 BTCAccording to Odaily, monitored by The Data Nerd, multiple large BTC withdrawals have occurred over the past 48 hours, with 4 whales withdrawing a total of 5,532 BTC, including: 1. bc1qn withdrew 2,500 BTC (approximately $212.98 million) from CEX 2. bc1qq withdrew 200 BTC (approximately $17.11 million) from CEX 3. 168Bv (Cumberland) withdrew 460 BTC (approximately $39 million) from CEX 4. bc1qp (currently holding 16,780 BTC) withdrew 2,372 BTC (approximately $201.6 million) from two CEXs
- 15:08U.S. Officials Hint: Most Tariffs Will Remain UnchangedAccording to Bloomberg, EU and U.S. officials have made little progress in resolving their trade dispute. U.S. officials hinted that most tariffs will remain unchanged. After two hours of talks, EU Trade Commissioner Maros Sefcovic remained unclear about U.S. intentions.