News linked to both this project and an event.
According to the latest report released by Grayscale Research Director Zach Pandl, as U.S. federal debt surpasses $40 trillion, Bitcoin's 90-day correlation with the Nasdaq 100 Index has dropped from over 60% to approximately 33%, while its correlation with gold has risen from near zero at the start of the year to above 50%, indicating that Bitcoin is shifting from a high-beta risk asset to an inflation-resistant store of value. Grayscale believes that expanding fiscal deficits and rising long-end interest rates will drive investors toward scarce alternative assets, positioning Bitcoin, Ethereum, and Zcash as primary beneficiaries. Among them, Zcash, featuring financial privacy, quantum resistance, and cross-chain interoperability, is considered to have the potential to challenge Bitcoin's network effect, despite its market capitalization currently accounting for less than 1% of Bitcoin's. Additionally, Grayscale notes that the current Bitcoin bear market has persisted for roughly 10 months, approaching the historical average bear market cycle of 11–12 months. Coupled with a macroeconomic environment that is becoming increasingly supportive, it suggests that current prices may represent a favorable entry point for long-term investors.
Odaily News: OneKey Anzen has reproduced the Ledger vulnerability and discovered that Ledger Ethereum app version 1.22.1 contains a transaction replacement vulnerability. When an affected user is attacked, the hardware screen still displays transaction A under review, but the device may sign transaction B, which the user never viewed. OneKey Anzen stated that the issue stems from a race condition between the transaction display logic and the underlying buffer, with the attack requiring the host side to already be compromised by a malicious DApp or intermediary software. Ledger's CTO previously responded that a fix had been rolled out approximately two weeks ago, and users simply needed to update the app. Public information shows that the official tag for version 1.22.2 on Ledger's GitHub appeared on August 24. Ledger's official website states that the issue has been fixed through app-level checksums and SDK-layer patches, with Ledger Secure SDK v26.6.1 released on August 21, and the related apps have been rebuilt and republished. Users need to update the app via Ledger Live — updating only the device firmware will not complete the fix. Ledger stated that there is currently no evidence that this vulnerability has been actively exploited.
According to The Defiant, Aave V4 user deposits reached a new high of $806 million, with a 30% increase over the past seven days. Of these, the Ethereum Core market holds $378 million in deposits, EtherFi Cash (deployed on Optimism) ranks second with $257 million, while Ethereum Global Dollar and Ethereum Prime contributed $75 million and $63 million respectively. The primary deposit assets are weETH ($97 million), USDG ($90 million), and WETH/USDC ($81 million each). V4's current active loan volume stands at $216 million, including $62 million in loans from the EtherFi market, with the utilization rate for borrowing WETH against weETH collateral reaching as high as 92%. In comparison, Aave V3's deposit scale remains at $31 billion, far exceeding V4.
Odaily News: Prediction market platform Polymarket US withdrew two NFL player participation contract filings on August 26. The platform had completed certification with the U.S. Commodity Futures Trading Commission (CFTC) the previous day and planned to launch the related products no earlier than August 27.On the same day, Polymarket US certified Bitcoin, Ethereum, and Solana price contracts. All three contract types were submitted in paired form and classified as swaps under the binary options subcategory. Both the NFL contracts and the cryptocurrency contracts fall under the relevant classification.Polymarket US separately filed a confidential treatment request for the NFL compliance analysis documents, seeking permanent non-disclosure on the grounds that public release would reveal trade secrets and give competitors an unfair advantage. As of the time of record, another NFL American football starting eligibility contract remained in certified status. (Bitcoin.com News)
Odaily News: Uniswap founder Hayden said in a post on X that he cannot ignore the theory of correlation trading pairs when observing various things, and noticed that the second-largest Uniswap pool on Base is the Jito staked SOL/BTC trading pair, which aligns with the logic of correlation trading pairs.In an article titled "Correlation Trading Pairs: How AMMs Win the Biggest Markets," Hayden stated that AMMs have the potential to become the core engine of all financial markets, and tokenization will make markets programmable, changing market types, market makers, and the assets being traded.He said Uniswap has been operating autonomously since its launch in 2018, with cumulative trading volume exceeding $4.6 trillion, and has helped increase the proportion of decentralized exchanges relative to centralized spot trading volume from less than 1% to over 20%. As AMMs have developed, their liquidity has gradually formed a structure of correlation trading pairs.He pointed out that AMMs initially achieved product-market fit in the long-tail asset market, and then stablecoin trading pairs developed. Due to the lower capital costs of passive strategies, the demand for professional market making in stablecoin trading pairs has been squeezed.Hayden said traditional financial markets are dominated by market-making firms that integrate capital, trading strategies, execution technology, settlement, and distribution into a single vertical business. Citadel Securities handles approximately 25% of US stock trading volume, with net trading revenue reaching $12.2 billion last year and trading capital of approximately $21 billion.He believes blockchain can unbundle the different components of traditional market-making businesses: code handles execution, shared services provide custody and settlement, and open-source software replaces proprietary infrastructure. The scarce factor of capital in AMMs is capital itself, and participants who can hold inventory at lower costs gain an advantage.Hayden said liquidity providers face lower inventory risk when holding assets with similar price movements, and liquidity will deepen as a result. Ethereum ecosystem assets typically trade against ETH, Solana ecosystem assets typically trade against SOL, stablecoins trade in pairs with each other, and a few high-liquidity trading pairs are responsible for connecting different asset clusters.He noted that once tokenized assets share the same settlement layer, any asset can trade directly against any other asset. For example, NVIDIA/USD can become NVIDIA/SPY and connect to the dollar through SPY/USD; oil companies can trade against oil ETFs or tokenized oil, and private credit can trade against tokenized US Treasury funds.Hayden said traditional market makers typically pursue delta neutrality, reducing risk by denominating in USD and hedging non-USD exposure, which increases market-making costs. A market structure consisting of low-volatility correlation trading pairs and a few high-
GoPlus Security released a security alert stating that on August 25, realio[.]fund, a project under Realio Network, was attacked. The attacker took control of the platform's signing system and moved treasury and custody wallet assets across Ethereum, BNB Chain, Algorand, Stellar, and the Realio native chain. A total of approximately 127.9 million RIO tokens worth around $6.2 million were affected, with the attacker having cashed out approximately $317,000 so far.
Odaily News, The Sandbox has released a post-mortem report on the August 22 vulnerability incident. The report shows that attackers exploited vulnerabilities in contracts related to cross-chain configurations on Base and BNB Smart Chain (BSC), stealing 14,742,341.84 SAND from the Ethereum treasury, accounting for approximately 0.5% of the maximum supply, with an estimated economic impact of approximately $1.4968 million, of which about $987,000 was actually retained by the attackers. The Ethereum mainnet and Polygon network were not affected. Until further notice, please do not purchase or send SAND on Base or BNB Smart Chain. Contracts deployed on Base and BNB Smart Chain have been permanently deactivated and will not be reopened. The Sandbox stated that the team has reported the attacker's wallet address to blockchain analysis firms TRM Labs and Chainalysis, and has communicated directly with relevant exchanges. The Sandbox also announced a compensation plan, which will compensate wallets that legitimately held cross-chain SAND on Base or BSC prior to the incident at a 1:1 ratio in Ethereum SAND. Compensation funds will come from The Sandbox treasury, with no new tokens issued. The claim process will open within the next two weeks and remain open for two weeks.
Odaily News: Digital asset investment platform Rockawayx has acquired digital asset hedge fund Relayer Capital, incorporating its directional long/short strategy into its approximately $2 billion investment platform. Relayer Capital founder Austin Barack will continue to oversee the strategy and assume the role of Chief Investment Officer of the newly renamed Rockawayx Liquid Opportunities Fund.Rockawayx CEO Viktor Fischer stated that the fund will invest in highly liquid crypto tokens and digital asset-related equities, with a focus on identifying assets that are mispriced relative to their business fundamentals, market position, or growth prospects. The fund is currently open to new external investors.Rockawayx disclosed that the strategy's estimated net return from the start of 2026 through August 21 stands at approximately 70%, outperforming a weighted portfolio of Bitcoin, Ethereum, and Solana by 86 percentage points. Major contributing positions include Venice AI, Hyperliquid, Grass Network, Pump.fun, and Zcash, with investment themes centered on AI and tokenized real-world asset markets.The acquisition adds a directional liquid strategy to Rockawayx's venture capital and market-neutral businesses. Rockawayx also operates infrastructure and onchain liquidity divisions, noting that these capabilities support its team in identifying blockchain market opportunities across stages—from early-stage funding and token issuance to public market trading. (Bitcoin.com News)
Odaily News: Ledger Chief Technology Officer Charles Guillemet stated that a smart contract security company recently claimed to have discovered a vulnerability in the Ledger Ethereum app. The Ledger Ethereum app did previously contain a vulnerability related to certain Clear Signing processes, but it was identified by Ledger's in-house security research team, Donjon, using an AI-driven vulnerability research tool, and was fixed and deployed two weeks ago. The security company in question only contacted Ledger's bug bounty program after the fix had already been completed, failing to follow responsible disclosure procedures and without communicating with the bug bounty team, then published content implying that the issue remained unresolved. Guillemet stated that users who promptly update their Ledger device firmware, Ledger apps, and related software will receive the latest security fixes.
According to CoinDesk, Ethereum researchers have proposed an early draft to rebuild the validator deposit contract, enabling support for new cryptographic signature schemes with quantum resistance, and providing a mechanism for ceasing to accept existing BLS signature deposits in the future.
Odaily News - Ripple's stablecoin RLUSD has surpassed a $2 billion market cap, becoming one of the fastest-growing projects in the stablecoin market.Data shows that RLUSD's total issuance currently stands at approximately $2 billion, with about $963 million deployed on the XRP Ledger and approximately $1.1 billion issued on the Ethereum network. Ripple previously stated that RLUSD will integrate with its global payment network to provide enterprises and financial institutions with more efficient on-chain liquidity solutions. (CoinDesk)
: According to official sources, OKX Flash Earn Lite will launch AEON "Staking Rewards" from August 31, 2026, 15:00 to September 5, 2026, 15:00 (UTC+8). During the event, users who participate by locking BTC, ETH, OKB, or AEON can share a total of 4,100,000 AEON airdrop rewards. Notably, ETH borrowed via flexible borrowing will not be counted toward the valid subscription amount.Users can start subscribing in advance from now on, with rewards calculated after the event officially begins. Participation is available via the event link or by tapping "Flash Earn" at the top of the Explore page in the OKX App.
Odaily News: As of August, cumulative top-ups on USDC- and USDT-linked stablecoin cards have reached $13.8 billion, an increase of nearly $10 billion over the past 12 months. Stablecoin cards are shifting USDC and USDT from trading balances toward everyday consumer use cases.USDC currently leads in tracked card spending, while USDT is accelerating its catch-up. The two follow different adoption paths: USDC benefits more from fintech integrations and payment infrastructure, whereas USDT is more active across exchanges, remittances, and emerging markets.On-chain settlement also reflects a multi-chain distribution, with Base leading at approximately $1.2 billion, followed by Solana at $635 million, Polygon at $544 million, and Optimism at $509 million. Networks such as Arbitrum, Scroll, Ethereum, and Stellar are also carrying significant activity.Stablecoin cards still rely on traditional payment networks like Visa and Mastercard, shifting the competitive focus toward custody, FX costs, cashback, and capital efficiency. Meanwhile, Circle has renewed its USDC partnership with Coinbase under the original terms, excluding any dividend arrangements. (Bitcoin.com News)
The Ethereum Foundation stated that the upcoming Glamsterdam upgrade will adjust the gas costs for creating and accessing on-chain state through EIP-8037 and EIP-8038. After conducting replay tests on historical mainnet transactions, the team found that a small number of smart contracts rely on existing gas cost assumptions and may experience execution failures or performance degradation under the new rules. However, the vast majority of smart contracts remain unaffected, and most issues can be resolved by increasing the gas limit.
Odaily News: Lisk founder Max Kordek announced that Lisk will pivot to a treasury operations platform for enterprise finance teams, offering treasury management services such as accounts, payments, and approvals, while gradually winding down its original blockchain ecosystem. The new platform targets enterprises operating across entities and jurisdictions that use both fiat and stablecoins. Early access is now available for qualified companies, supporting unified management of bank and stablecoin accounts, bank transfers, stablecoin payments and receivables, and permission-based payment approvals. Future plans include corporate cards, non-custodial treasury management, and payroll integrations.Lisk Chain will shut down on October 31, 2026. Lisk has partnered with the Celo team to provide a migration path for on-chain DApps, developers, and projects to move to the Celo network.Lisk also proposed a plan to gradually dissolve the Lisk DAO, including burning 100 million LSK from the DAO treasury, reducing total supply from 400 million to 300 million; removing staking penalties and allowing holders to flexibly unstake, while gradually shutting down DAO governance infrastructure.Lisk stated that LSK will transform into a "loyalty token" for the new platform, where enterprises can earn rewards by using Lisk's treasury operations platform and referring other businesses, and may also use LSK to pay platform fees in the future. LSK will primarily operate on Ethereum and Base going forward. Users who still hold LSK on Lisk Chain must complete the migration to Ethereum before October 31.
Odaily News: THORChain announced the launch of version 3.20, adding native cross-chain swap support for Monero (XMR) and Zcash (ZEC). Users can directly swap XMR and ZEC for Bitcoin, ETH, and stablecoins without wrapping assets, registering on centralized exchange accounts, or relinquishing asset custody. This upgrade also introduces Protocol-Owned Liquidity (POL) and Stable Reserve, and restores support for Solana, Base, and BNB. Among these, Stable Reserve supports zero-liquidity-fee swaps between stablecoins.
The Securities and Exchange Commission (Thailand) has issued an announcement soliciting public comments on the draft regulatory framework for establishing cryptocurrency exchange-traded funds (crypto ETFs) in Thailand, as well as the revised eligibility requirements for mutual funds and private funds to engage foreign digital asset custodians, with a comment submission deadline of September 20, 2026.
Former X product lead Nikita Bier said that X now supports adding Solana and Ethereum charts to posts and plans to launch a trade button soon. Users can also paste the contract addresses of newly issued tokens. He also stated that the strength in the crypto market is linked to the US Treasury's announcement of bond buybacks and the weakening of the US dollar.
TermMax (TMX) has launched on Bitget PoolX, allowing users to lock ETH or TMX to share a total airdrop of 1,380,000 TMX tokens. The lockup period runs from 20:00 UTC+8 on August 25 to 20:00 UTC+8 on August 30. The ETH lockup pool accounts for a total airdrop allocation of 1,290,000 TMX, with an individual lockup limit of 1,500 ETH. This pool also incorporates a long-term holding bonus mechanism: the system will apply an additional bonus to the locked amount based on the user's minimum balance for the corresponding locked asset over the past 15 days. The TMX lockup pool allocates a total of 90,000 TMX for airdrops, subject to an individual lockup cap of 4,200,000 TMX.
Odaily News According to Onchain Lens monitoring, Wintermute (0xecb...2b00) has increased its short exposure on Hyperliquid from $190.77 million to $211.53 million since the last update; its HYPE short has decreased from $11.43 million to $5.6 million. Current major short positions include: Bitcoin $70.8 million, ETH $53.83 million, SOL $17.63 million, XRP $7.41 million, DOGE $6.79 million. Current unrealized loss stands at $4.12 million, with $2.27 million in funding fees already received.