On-chain data showed that trader LaserCat397 bought SLINK in two transactions during a rapid price surge, spending about $69,700 in total. According to Odaily, the trader later sold when SLINK's market value had fallen to about $1.9 million and recovered only about $5,295, resulting in a loss of roughly $64,400, or 92.42%.

Ethereum builder and investor Ryan Berckmans said on X that the idea Robinhood gives little back to ETH is nonsense. According to ChainCatcher, he said Robinhood pays on-chain users and new ETH holders, runs marketing to attract new enterprise customers, supports mature L1 hubs and L2 expansion, and creates healthy competition for Base. Berckmans said Ethereum alignment is a real concept, but not in the way critics frame it as maximizing revenue and fees. He said helping Ethereum and ETH grow is aligned, while threatening Ethereum or ETH is anti-aligned, citing Lido during its dominant period as an example. He added that Robinhood is one of the most Ethereum-aligned entities globally. He said buying large amounts of ETH or not selling order-flow fees would be better, but only as an incremental benefit. Berckmans added that the next wave of ETH buyers will include Wall Street, corporate, government, family office, and sovereign wealth buyers, and said ETH could reach trillions of dollars in value as Ethereum becomes globally adopted. He said the two key measures of value-store progress are L1 application capital and the number of sufficiently successful L2s, and that Robinhood helps grow the latter.

Rain (RAIN) is scheduled to unlock about 36.26 billion tokens at 11:00 AM on September 12 (UTC+8), according to Web3 asset data platform RootData. According to ChainCatcher, the unlocked tokens are valued at about $596 million.

According to the BBC, at least two people were killed and 58 injured after an explosion at a military barracks in Viacha, about 30km from La Paz, with authorities warning the toll could rise. Bolivian Defence Minister Ernesto Justiniano said “pyrotechnic material” detonated at about 14:30 (18:30 GMT) on Friday at the base, where an artillery regiment is stationed. Health official Rita Nebraska told local television that between 10 and 15 people were believed to have died, while police said dozens of homes were damaged and emergency workers were searching the rubble. Nebraska warned of a risk of further explosions and urged people to stay at least 150m away from the military base. Police spokesman Roger Roca said fireworks had been stored at the barracks and that the cause remained under investigation. Viacha authorities declared three days of mourning.

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