Ripple vrátil do escrow 200 milionů XRP v hodnotě asi 272 milionů USD. Jde o součást jeho pravidelného měsíčního znovuzamykání většiny uvolněných tokenů.
Ripple has returned 200 million XRP, worth roughly $272 million at current prices, back into its escrow system. The transaction, flagged by blockchain tracker Whale Alert, is part of the company’s recurring monthly ritual of unlocking and then re-locking the vast majority of its token reserves.
How Ripple’s escrow machine works The escrow system dates back to December 2017, when Ripple deposited 55 billion XRP into a series of time-locked smart contracts. The mechanism was designed to address a very specific concern: that Ripple, which controls a huge chunk of XRP’s total 100 billion token supply, might flood the market and crater the price.
Each month, a maximum of 1 billion XRP becomes eligible for release. The unlocks typically happen in tranches on the first of the month. Recent releases have followed a pattern of 500 million, 400 million, and 100 million XRP batches.
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But the unlock is only half the story. Historically, Ripple re-locks between 600 million and 800 million XRP back into escrow within days of the release. That means the net amount actually entering potential circulation each month lands somewhere between 200 million and 300 million XRP.
The shrinking escrow balance As of September 1, 2026, approximately 31.28 billion XRP remained locked in escrow, representing about 31% of the total supply. That’s a significant drop from the original 55 billion deposited nearly nine years ago. Simple math puts the average net monthly decrease at roughly 221 million XRP since the program began.
Where does the XRP that doesn’t return to escrow actually go? Ripple has consistently stated that these tokens fund its operations, fuel partnerships, and power its On-Demand Liquidity solutions, the cross-border payment product that uses XRP as a bridge currency. There has been no reported evidence of immediate large-scale exchange sales directly tied to the monthly unlocks.
Why the market mostly shrugs at these events Every month, crypto Twitter lights up with Whale Alert notifications about Ripple’s escrow activity. And every month, the market reaction is approximately nothing. The contracts are automated. The schedule is public. The re-locking pattern is well-documented over years of data. Market participants have long since priced the monthly cycle into their models.
Ripple CTO Emeritus David Schwartz has repeatedly emphasized that the escrow mechanism exists specifically to create predictability and transparency around XRP supply dynamics.
At roughly 200 to 300 million XRP per month entering potential circulation, the annual dilution rate is modest relative to the overall supply of 100 billion tokens.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Rezervy XRP na Binance klesly na úrovně naposledy viděné v únoru 2024, když z burzy za poslední rok odešlo asi 500 milionů XRP. XRP se mezitím obchoduje kolem 1,34 USD a testuje support mezi 20týdenním a 50týdenním EMA.
TLDR: XRP reserves on Binance dropped from 3.1 billion to 2.6 billion tokens since November 2025. Roughly 500 million XRP left Binance even as the XRP price fell 63% from its 2025 peak level. The launch of spot XRP ETFs in late 2025 may have driven part of the reserve outflow seen. XRP trades near $1.34, consolidating between its 20-week EMA and 50-week EMA resistance levels. XRP reserves on Binance have declined to levels last seen in February 2024, according to on-chain data. Roughly 500 million XRP have left the exchange over the past year.
The outflow persisted even as the XRP price fell from a high of $3.66 to near $1.35, marking a 63% drawdown. Analysts point to long-term accumulation and the launch of spot XRP ETFs as possible drivers behind the shrinking reserves.
Binance XRP Reserves Fall to Multi-Year Low The monthly average of XRP reserves held on Binance has fallen sharply since late 2025. Between November 2025 and today, that average dropped from 3.1 billion to 2.6 billion XRP.
This represents an outflow of roughly 500 million tokens. Analyst Darkfost tracked this movement closely on social media this week.
Darkfost observed that Binance reserves tend to rise during XRP price rebounds. Reserves then decline again during each following retracement, based on the data reviewed.
🗞️ 500 Million XRP Have left Binance as reserves shrink to levels not seen since 2024
While XRP closed the month with a performance of nearly 30%, XRP reserves on Binance continue to decline.
The monthly average of XRP reserves held on Binance has now reached such a low level… pic.twitter.com/Ox9KPwCxPg
— Darkfost (@Darkfost_Coc) September 1, 2026
This pattern suggests some investors move tokens off exchanges during downturns. It may reflect a growing preference for self-custody among holders.
The reserve decline also lines up with the launch of spot XRP ETFs. Those products debuted in November and December of 2025.
ETF issuers may have needed to acquire XRP on the open market. That buying pressure could account for part of the recorded outflow.
Exchanges also shift reserves based on routine withdrawal and deposit activity. Some of the decline may reflect operational adjustments rather than pure accumulation.
Still, the scale of the movement points to more than short-term noise. Sustained reserve outflows are often viewed as a constructive long-term signal.
XRP Price Tests Support Near Key Moving Averages XRP traded at $1.34 at the time of writing, down 2.85% over the past day. Trading volume reached close to $1.95 billion during that same period.
Source: CoinGecko
The token has also fallen 8.10% over the past seven days. That pullback comes despite XRP posting close to 30% gains for the month.
Trader ChartNerd pointed to two recent rejections at the 50-week EMA near $1.53. That level has served as resistance on recent attempts to move higher.
The 20-week EMA, currently around $1.27, could act as support. A break below $1.36 on lower timeframes may bring that level into play.
Zooming out; after two rejections at the 50 week EMA ($1.53), $XRP's 20 week EMA ($1.27) could also act as a local support floor for if lower timeframe support is lost at $1.36. It's relatively common to crab/compress between these EMA's before a directional break is confirmed.… https://t.co/cc9NXvLkZ7 pic.twitter.com/yDO85KXUBT
— 🇬🇧 ChartNerd 📊 (@ChartNerdTA) September 1, 2026
Price compression between two moving averages often precedes a directional breakout. Traders watching XRP reserves and price action call this pattern fairly common.
XRP appears to be consolidating within this broader range for now. A confirmed move beyond either average would likely draw fresh trader attention.
Falling XRP reserves alongside price consolidation create a mixed near-term picture. Reserve trends tend to carry more weight over longer time horizons than daily swings.
Traders continue watching the $1.27 to $1.53 range for the next signal. How XRP reserves evolve from here may shape sentiment into the next quarter.
Robinhood Chain po spuštění mainnetu prudce roste: 24hodinový objem na DEX překročil 1,58 miliardy USD a týdenní obchodování vzrostlo téměř o 90 %. Tahounem jsou tokenizované akcie jako Nvidia a Apple.
Robinhood Chain has gone from newcomer to one of the more talked-about DEX venues in DeFi, and the numbers are starting to back that up. Trading volume on the Ethereum layer 2 climbed 61% over a matter of days, with 24-hour DEX volume crossing $1.58 billion and weekly figures up nearly 90% according to DefiLlama data.
For a chain that only launched its mainnet on July 1, 2026, that is a remarkably short runway to relevance.
What is actually driving volume Tokenized equities have emerged as a genuine pull factor. Representations of stocks like Nvidia and Apple are being used as collateral in DeFi transactions. Over a 30-day window, tokenized stocks generated $4.3 billion in DEX volume on the chain, with daily real-world asset trading peaking at $85 million on August 25.
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The primary trading venue is Uniswap, which handles the bulk of swap activity on the chain. Morpho Blue leads on the lending side, holding roughly $481 million in total value locked, which represents the majority of the chain’s overall TVL figure of approximately $735 million. Stablecoin supply sits at around $797 million, with USDG accounting for a significant share of that figure and serving as the main fuel for Morpho’s lending markets.
The Arbitrum connection and what it means for Ethereum Robinhood Chain is built on the Arbitrum stack, which means it shares infrastructure DNA with one of Ethereum’s most established layer 2 networks. Part of that arrangement includes a 10% fee share with Arbitrum, giving the underlying network a direct financial stake in Robinhood Chain’s continued growth.
Analysts at Bernstein flagged the chain’s early momentum as a signal worth watching for Ethereum more broadly. The logic is straightforward: more DEX activity means more bridging, more gas consumption, and more demand for block space on Ethereum’s base layer.
Daily transaction counts have exceeded five million on peak days. Cumulative DEX trading volume has already crossed into the tens of billions since the July launch.
Real-world assets as a DeFi wedge Equities are different from tokenized Treasuries or credit products. Nvidia and Apple are household names with massive retail followings. Using tokenized versions of those stocks as DeFi collateral creates a bridge between the investing behaviors that Robinhood’s core user base already has and the on-chain functionality that DeFi protocols have spent years building.
A 10% fee share arrangement with Arbitrum means that as revenue scales, the economics benefit multiple layers of the stack simultaneously, which is a different model from chains that capture all fees internally.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Ethereum (ETH) holds above $2,400 on Tuesday after recording a 32.5% gain in August, its best-performing month since July 2025. This marks two consecutive positive months for the top altcoin as it continues its recovery from a nearly 70% drop spanning October to June.
US spot ETH exchange-traded funds (ETFs) played a key role in the recovery, attracting $1.85 billion in net inflows, its best month in over a year, per SoSoValue data. The products ended August on an 11-day inflow streak, with only four negative days throughout the month.
ETH ETF Flows. Source: SoSoValueAugust also saw major rotation across wallet cohorts. Investors with a balance of 10K-100K ETH, which fall within the whale bracket, accumulated 430K ETH during the month, with nearly all of that figure coming in the past two weeks as ETH began to rally.
Meanwhile, retail investors, wallets with a balance of 100-1K and 1K-10K ETH, offloaded 447K and 292K ETH, respectively, with distributions accelerating in the last two weeks.
ETH Balance by Holder Value. Source: CryptoQuantWith the rotation accelerating during the recent ETH rally, it suggests whales are accumulating supply from retail investors who are potentially booking profits or stepping to the sidelines after breaking even. The Realized Price, or average on-chain cost basis of the 100-1K and 1K-10K ETH cohorts at $2,350 and $2,260, shows these investors have largely been distributing, given the latter.
Meanwhile, inflows into staking contracts also increased, with Ethereum staking contracts adding 1.4M ETH during the month, their largest since February 2024. With more supply locked in staking contracts, available selling pressure reduces, improving the price growth outlook.
Ethereum technical outlook: ETH eyes 20-day EMA after break below $2,431 supportEthereum saw $71.6 million in liquidations over the past 24 hours, led by $59 million in long liquidations.
On the daily chart, ETH is extending its advance well above all major Exponential Moving Averages (EMAs), reinforcing a bullish near-term bias. Momentum remains constructive with the 14-day Relative Strength Index (RSI) hovering in the mid-60s and the Stochastic Oscillator (Stoch) holding in overbought territory, suggesting strong but increasingly stretched buying pressure as price hovers just over the nearby horizontal level around $2,431.
On the downside, ETH briefly broke the immediate support at the $2,431 horizontal line. The 20-day EMA follows that level at $2,310, which would be the first meaningful dynamic floor on a pullback. Below that, cluster support emerges from the 200-day EMA at $2,220 and the $2,172 horizontal level, ahead of deeper downside levels at the 50 and 100-day EMAs at $2,115 and $2,046, respectively.
ETH/USDT daily chartOn the topside, initial resistance emerges at $2,656, ahead of a higher barrier at $2,787, where a decisive break would open the door for a continuation of the prevailing uptrend.
(The technical analysis of this story was written with the help of an AI tool. Know more.)
NFT kolekce StonkBrokers na Robinhood Chain za měsíc zdražila o 77 % a propojuje sběratelské avatary se Stock Tokens navázanými na akcie. Projekt ale naráží na nejasnou hranici mezi collectibles a cennými papíry.
Owners must stake, post and attest to a permitted country to earn Robinhood Stock Tokens. Anyone can buy the NFT, and the portfolio inside it, with no KYC.
Posted September 1, 2026 at 6:30 pm EST.
On Robinhood Chain, an NFT collection whose floor price has risen 77% in a month is testing the line between securities and collectibles, mixing regulated financial products with pixelated, suit-wearing avatars.
Called StonkBrokers, the colorful 4,444-piece collection enables its owners to accrue Stock Tokens as rewards on Robinhood’s Ethereum layer-2 network, providing them with a novel way to gain exposure to Wall Street names like Tesla, Amazon, and Nvidia.
Robinhood has made the tokens available to investors in more than 120 countries, though not in the U.S., U.K., Canada or Switzerland. The rules that would govern them in the U.S. remain unwritten: The SEC’s proposed exemption for tokenized securities was pulled from its agenda in August and has never been published. And the team seems to have taken into account past NFT projects’ brushes with U.S. securities law, such as Ashton Kutcher’s Stoner Cats 2.
In order to earn those Stock Tokens, those holding StonkBrokers must pass what the project’s terms call “geographic and network screening” and complete a “Program attestation” declaring that they live in a “permitted jurisdiction.” At the same time, the NFTs can be bought by anyone on a secondary market outside the same Know Your Customer (KYC) procedures that Robinhood customers must satisfy.
By offering NFTs that can accrue Stock Tokens as rewards, StonkBrokers is charting new ground at the intersection of collectibles and securities, according to Givner Law founder and principal attorney Ariel Givner.
“Nobody’s done it before,” she said. “It’s a gray area, and it’s bringing together a lot of new things that we don’t have precedent on.”
A Fast Run, a Retrace, and Another Run Clutch Markets, the Grand Cayman company behind StonkBrokers, said on X on Aug. 25 that the project had distributed more than $1.57 million in what it calls marketing rewards.
The collection’s floor passed Bored Ape Yacht Club’s in early August, gave back roughly 60% of that run, and has now passed it again, trading at 8.50 ETH, or about $20,500, against Bored Ape’s 7.65 ETH on Tuesday afternoon. That floor is not set by open bidding. The project’s own automated market maker prices every broker at a flat 666,666 $STONKBROKER plus a 10% fee, so the floor tracks the token, which fell 14% on Tuesday even as the floor reading climbed.
The collection stood out in a slow market for profile picture NFTs, or PFPs. The collection carried no mint price, though allocation required burning an earlier Clutch NFT before a July 16 deadline. Pseudonymous crypto analyst Diamond estimated the mint cost at around $37.
The SEC and CFTC interpreted in March that a “digital collectible” is not itself a security, while leaving intact that one can still be sold subject to an investment contract. StonkBrokers has squarely tied itself to financial products that operate within tight regulatory boundaries, Givner told Unchained.
Freely Tradeable — While Still Blocking U.S. Users StonkBrokers are capable of holding Stock Tokens thanks to ERC-6551, an Ethereum standard giving each NFT its own unique smart contract wallet, known as a token-bound account.
According to the project’s documentation, each StonkBrokers NFT comes equipped with a wallet that’s “seeded with tokenized stock at mint and, once activated, can receive stock-token reward drops through the StonkBrokers rewards program.”
Because the underlying Stock Tokens live inside the NFT’s sub-account rather than a user’s personal wallet, trading the NFTs on secondary markets effectively transfers that portfolio.
That gap appears significant, Ryón Nixon, founding partner of crypto-native law firm Horizons Law, told Unchained. Robinhood’s Stock Tokens are debt instruments issued by an offshore affiliate that can’t be directly purchased or redeemed by U.S. persons, but can be freely transferred like any other ERC-20 token, such as a stablecoin, he noted.
“In simple terms, StonkBrokers engineered the protocol in a way where they don’t let people in certain jurisdictions, like the U.S., interact with the touchpoints that might trigger compliance requirements like a customer identification program,” he said.
Nixon noted that the offshore separation provides a unique legal buffer: “Even if a Stock Token ends up in a U.S. person’s wallet, Robinhood’s offshore affiliate does not let U.S. persons directly purchase or redeem the Stock Tokens, so from their perspective, the transactions are intended to remain completely offshore.”
Robinhood’s own base prospectus complicates that picture somewhat. It reserves the issuer’s right to declare a transfer “null and void” and to “freeze, block, seize, transfer, redeem and/or recreate” a token, and says the contracts will be programmed to block addresses identified as sanctioned.
Lessons From Stoner Cats 2 Before the Securities and Exchange Commission struck a more collaborative stance under its current leadership, the regulator brought several enforcement actions against NFT issuers.
For example, the SEC famously argued that Stoner Cats 2, LLC, the firm behind an animated web series backed by actors Mila Kunis and Ashton Kutcher, offered unregistered securities because buyers had “a reasonable expectation of obtaining a profit based on SC2’s managerial and entrepreneurial efforts,” pointing to its marketing campaign and a 2.5% cut of secondary sales. The company paid a $1 million penalty. Commissioners Hester Peirce and Mark Uyeda dissented, writing that the analysis “lacks any meaningful limiting principle.”
The position was rooted in the SEC’s Howey test, under which a transaction is an “investment contract,” and therefore a security, if it involves an investment of money in a common enterprise with an expectation of profits derived from the efforts of others.
StonkBrokers explicitly strips away any notion of passive income, requiring holders to stake $STONKBROKER to activate a broker and then work for their payouts. Any wallet can trigger the “Clock In” that releases a round of rewards, but only activated brokers collect them. According to the project’s terms of service, participants receive rewards for “the creation and publication of qualifying social media posts promoting the StonkBrokers game, collection, art, or Clock In.”
The document strictly bans users from utilizing words like “royalty,” “dividend,” “yield,” or “passive income,” asserting instead that the compensation is “payment for services rendered” to those who are classified technically as independent contractors.
An Untested Defense Whether that structure works has not been tested. The March interpretation’s safe harbor for token distributions covers only those where recipients provide “no money, goods, services, or other consideration,” and it names social media promotion among the activities that count as services. In a 2018 case against Tomahawk Exploration, the SEC found that tokens paid out for promotional posts were an offer and sale of securities.
The project’s documentation says rewards are funded mechanically: 70% of the trading fees from its own automated market maker, plus fees from lending, its Safety Deposit Box and a slot-machine game. Its terms of service describe something looser, saying the project funds the pool “in its sole discretion.” The funding story buyers are relying on is not the one the project has committed to in writing.
The project has not slowed down while those questions sit open. On Aug. 29 it launched Stonk Exchange, a venue built on Uniswap v4 pools where liquidity providers collect premiums from leveraged traders, with covered-call vaults slated for September. Robinhood’s own crypto account retweeted the team on Aug. 28, amplifying a Robinhood Chain block explorer it had built, though it has said nothing publicly about the stock-token rewards program itself.
While StonkBrokers is taking a fresh approach to NFTs, Robinhood Chain’s mainnet only launched on July 1, following a public testnet in February.
Interest in tokenization has climbed sharply this year. dYdX Labs brought leveraged stock and crypto tokens to the same chain last week, and on Tuesday the SEC proposed its first overhaul of transfer-agent rules since the 1970s, asking for comment on how a blockchain should interact with the official record of who owns a security. Nixon noted that while the structure is unconventional, it showcases a broader appetite for experimentation.
“It’s a very interesting approach that opens the market up to new design spaces, which is refreshing to see in the current market conditions,” he said.
Unchained has reached out to Clutch Markets and Robinhood for comment.
Related Listen: How Tokenized Stocks Could Undercut Interactive Brokers’ 77% Profit Margin
Ondo na BNB Chain překročilo 173 000 unikátních držitelů svých výnosových produktů. Na BNB Chain zároveň drží tokenizované akcie a treasury produkty stovky milionů v TVL.
Record Holder Counts and Billions in Volume@Ondo is recording some of its strongest growth figures to date on @BNBChain, as the network celebrates its sixth anniversary. The protocol's unique holder count for its yield-bearing products, including the token at ethereum:0xfaba6f8e4a5e8ab82f62fe7c39859fa577269be3, has surpassed 173,000, reflecting broad uptake from both retail and institutional clients seeking on-chain exposure to real-world assets (RWAs).
The growth in holders mirrors a wider trend across the RWA sector. Ondo sits at the center of that shift, with its tokenized stock and treasury products accumulating hundreds of millions in TVL on BNB Chain alone.
The figures underline why BNB Chain has become a primary venue for Ondo's institutional ambitions.
BNB Chain as an RWA PowerhouseBNB Chain's infrastructure has proven well-suited for tokenized assets. That momentum has made it one of the most active destinations for institutions moving fixed-income and equity exposure on-chain.
That kind of performance gives institutional participants the speed and reliability they require when trading tokenized securities around the clock.
The breadth of that product lineup, combined with BNB Chain's low fees and fast finality, positions the pairing as one of the more credible on-ramps for mainstream adoption of tokenized finance.
Sources:
Ondo Finance 2025 Recap: Wall Street 2.0 Goes Global
BNB Chain H2 2026 Tech Roadmap
BNB Chain Latest Updates, CoinMarketCap
Americké ministerstvo obchodu spolu s Chainlink zpřístupňuje oficiální makrodata onchain, včetně reálného HDP a indexu cen PCE. Feedy běží na Ethereum, Base a Arbitrum.
The U.S. Department of Commerce has initiated a collaboration with Chainlink to provide macroeconomic data onchain, enabling blockchain applications to access official U.S. economic data. This development, reported by Chainlink, involves the Bureau of Economic Analysis data, including real GDP and the PCE Price Index, now accessible across multiple blockchain networks. This move suggests an increased integration of government data with blockchain technology, enhancing the potential for smart contracts and decentralized applications to utilize reliable economic indicators. The feeds are live on prominent chains such as Ethereum, Base, and Arbitrum, among others, expanding the reach of onchain government data.
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Key Takeaways The U.S. Department of Commerce’s collaboration with Chainlink appears to enhance the integration of blockchain technology with official economic data. Market pricing suggests potential increased interest in blockchain-based applications as government data becomes more accessible. The provision of macroeconomic data onchain is consistent with scenarios that support the utility and adoption of blockchain technology. What to Watch Observers should monitor how this integration might influence blockchain adoption, particularly in sectors relying on economic data for smart contract execution. Additionally, market participants may watch for any significant shifts in the pricing of Bitcoin and other cryptocurrencies, as enhanced data accessibility could impact investment decisions. Further developments from the U.S. Department of Commerce regarding expanded data feeds might also affect market perceptions of blockchain applications.
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Term Structure
Contract Odds Δ since publish Volume 24h December 31 1.3% — — View market → December 31 1% — — View market → December 31 1.7% — — View market → December 31 3.7% — — View market → December 31 8.5% — — View market → January 1 2027 24.5% — — View market → January 1 2027 7.5% — — View market → January 1 2027 2.5% — — View market → January 1 2027 0.9% — — View market → January 1 2027 1.3% — — View market → January 1 2027 3.1% — — View market → January 1 2027 5.4% — — View market → January 1 2027 12.5% — — View market → January 1 2027 22.5% — — View market → January 1 2027 4.5% — — View market → January 1 2027 1% — — View market → January 1 2027 2.1% — — View market → January 1 2027 14.5% — — View market → January 1 2027 6.5% — — View market → January 1 2027 3.8% — — View market → January 1 2027 1.7% — — View market → January 1 2027 1.8% — — View market → January 1 2027 1% — — View market → January 1 2027 1.2% — — View market → January 1 2027 0.4% — — View market → January 1 2027 34.5% — — View market → January 1 2027 68.5% — — View market → January 1 2027 57.5% — — View market → January 1 2027 38% — — View market → January 1 2027 83.5% — — View market →
OKX přidala pro evropské zákazníky 10 USDC spotových marginových párů, u vybraných až s 10x pákou. Mezi novými trhy jsou HYPE, ZEC, LINK, ONDO, ENA, AAVE, NEAR, TRUMP, OKB a BNB.
OKX has added 10 USDC spot margin pairs for European customers, offering up to 10x leverage as NEAR and ENA gained 7.2% and 5.6%, respectively, over the past 24 hours.
Summary
OKX added USDC margin markets for HYPE, ZEC, LINK, ONDO, ENA, AAVE, NEAR, TRUMP, OKB, and BNB. Selected markets allow up to 10x leverage, with interest charged hourly on borrowed funds. NEAR led the listed tokens with a 7.2% daily gain, followed by ENA at 5.6%. All 10 pairs use USDC, whose reserves include cash and short-dated U.S. government debt. According to a Sept. 1 press release shared with crypto.news, the new markets expand OKX’s spot margin service for European customers, allowing eligible traders to take long or short positions across 10 additional tokens.
The exchange added HYPE/USDC, ZEC/USDC, LINK/USDC, ONDO/USDC, ENA/USDC, AAVE/USDC, NEAR/USDC, TRUMP/USDC, OKB/USDC, and BNB/USDC. Availability may depend on the customer’s location and account eligibility under local rules.
OKX spot margin adds 10 USDC markets Under the expanded service, customers can borrow assets against collateral and use the funds to open positions larger than their account balance. OKX said selected markets support leverage of up to 10x, although the available limit may differ by pair and user.
Unlike a derivatives contract, a spot margin trade involves buying or selling the underlying asset with borrowed funds. A trader expecting a token to rise can borrow USDC to increase a purchase, while someone expecting a decline can borrow the token and sell it before attempting to repurchase it at a lower price.
According to the exchange’s European margin guide, interest begins accruing once an order is filled and continues until the debt is repaid. Customer assets serve as collateral for loans supplied by other users.
OKX said its borrowing charges are calculated hourly and apply only to the amount borrowed. The company does not impose a separate fee for opening the margin position or a recurring rollover charge, though normal trading and liquidation fees can still apply.
For Bitcoin, the exchange said borrowing rates begin at an annual percentage rate of 0.5%. Rates can vary by asset, customer tier, and market conditions, meaning the starting Bitcoin rate does not necessarily apply to each of the newly listed tokens.
Using a hypothetical example, OKX estimated that a €1,000 Bitcoin position held at 5x leverage for seven days would generate €0.08 in borrowing costs at a constant 0.5% APR, excluding trading and liquidation fees and assuming no price movement.
The company compared that amount with an unnamed platform charging a 0.02% opening fee and another 0.02% every four hours. Under OKX’s calculation, the same hypothetical position would cost €8.60 over one week on the competing platform. The comparison was supplied by OKX and does not identify the platform or account for possible changes in either company’s rates.
NEAR and ENA lead the listed tokens CoinGecko data showed that six of the 10 newly supported tokens had gained over the preceding 24 hours at the time of writing, while three declined and ONDO traded nearly unchanged.
NEAR recorded the largest increase, rising 7.2% to $2.01 on approximately $299.8 million in daily trading volume. ENA followed with a 5.6% advance to $0.1610 as its 24-hour volume reached about $629.2 million.
AAVE gained 2.7% to $127.59, while ZEC climbed 1.6% to $855.22. HYPE rose 1.5% to $83.33, supported by roughly $1.43 billion in daily volume, and LINK added 0.5% to trade at $11.38.
ONDO changed by less than 0.1% and traded near $0.3444. Among the declining tokens, BNB fell 0.4% to $686.29, OKB lost 0.5% to $110.92, and TRUMP dropped 0.8% to $2.39, according to CoinGecko.
Daily gains do not remove the additional risk created by leverage. OKX’s margin documentation states that leverage increases both potential profits and losses, while interest continues to accrue until borrowed assets are fully repaid.
Under cross-margin settings, OKX calculates risk across the assets held in the account. The platform’s cross-margin documentation says positions may be partly or fully liquidated if adjusted account equity becomes insufficient to meet maintenance-margin requirements. Isolated margin can confine the collateral and debt to an individual position, depending on the market and account configuration.
USDC supports OKX’s European expansion All 10 additions are quoted against USDC, placing the dollar-backed stablecoin at the center of the expansion. OKX had already introduced a way for eligible European customers to deposit USDT and convert it into USDC across 30 European Union and European Economic Area countries.
On July 18, crypto.news reported on the conversion, which was introduced as European platforms adjusted their stablecoin services to comply with the Markets in Crypto-Assets framework.
The regional competition changed further after some rival platforms faced licensing limits. A July 5 report found that Binance customers in France had retained withdrawal access but lost trading access after the exchange did not secure approval before the applicable MiCA deadline.
OKX has also added products beyond conventional cryptocurrency pairs. On June 9, the exchange introduced 13 X Perps for European users, providing price exposure linked to U.S. stocks, exchange-traded funds, equity indexes and commodities, including Apple, Nvidia, SPY, QQQ, gold and oil.
For U.S. readers, the connection comes through USDC and the assets supporting the stablecoin rather than direct access to the European offer. OKX’s Sept. 1 announcement applies to European customers and does not state that the 10-pair rollout extends to accounts in the United States.
Circle, the U.S.-based issuer of USDC, says the stablecoin is redeemable one-for-one for U.S. dollars and backed by highly liquid cash and cash-equivalent assets. According to Circle’s reserve disclosure, most USDC reserves are held in the Circle Reserve Fund, an SEC-registered government money market fund managed by BlackRock.
Circle says the fund may hold cash, short-dated U.S. Treasury securities and overnight Treasury repurchase agreements, while Bank of New York Mellon serves as custodian. BlackRock publishes daily portfolio reporting, and Circle provides monthly third-party reserve assurances.
OKX’s European customers therefore use a U.S. dollar-denominated settlement asset when borrowing or trading across the new markets. The company’s announcement did not disclose initial borrowing limits, liquidity levels or asset-specific APRs for the 10 pairs, leaving those terms to the rates and position tiers displayed to eligible customers on the platform.
Felix Pago získal v rámci Series B 200 milionů USD, aby rozšířil své stablecoinové remitence v Latinské Americe. Firma už zpracovala přes 8 miliard USD transakcí.
Felix Pago, a stablecoin remittance platform operating primarily in Latin America, has secured $200 million in Series B funding. The round consists of $87 million in equity and $113 million in credit, as the company looks to widen its suite of financial products and services.
Funding Led by Leading Venture FirmsAndreessen Horowitz, known as a16z, led the equity portion of the funding round, while General Catalyst’s Customer Value Fund extended the credit facility. The latest financing round highlights growing investor interest in companies leveraging blockchain technology for cross-border payments beyond the traditional cryptocurrency trading sphere.
Felix Pago currently facilitates payments primarily from the US to Mexico, using stablecoins as the infrastructure for remittances. The platform uses WhatsApp as its customer interface, allowing users to easily send funds, while settlements are completed quickly via the USDC stablecoin and blockchain technology.
This model aims to make cross-border money transfers not just faster, but also potentially less expensive for migrant workers and families compared to traditional remittance services.
Focus on Expansion and New Financial ServicesFollowing the Series B raise, Felix Pago plans to extend its operations into new markets. The company also intends to broaden its product suite, with ambitions to develop lending and savings products in addition to its current remittance service. According to reports shared by Wu Blockchain and attributed to Bloomberg, Felix Pago has already processed over $8 billion in remittances.
In addition, Felix Pago is reportedly working on an AI-driven financial assistant to further enhance customer experience and lead its stablecoin-based network toward a more integrated financial services platform.
Mini dictionary: Felix Pago is a financial technology company specializing in cross-border remittances using stablecoins and blockchain infrastructure. It focuses on simplifying global money transfers and is known for integrating popular messaging platforms like WhatsApp as a transaction interface.
The platform’s reliance on USDC highlights the growing presence of this specific stablecoin in real-world payment applications. USDC, issued by Circle, is a fully-backed digital dollar designed for stability and used increasingly for both trading and cross-border transfers.
RoundAmountLead InvestorTypeSeries B$200 millionAndreessen HorowitzEquity + Credit$87 millionAndreessen Horowitz (a16z)Equity$113 millionGeneral CatalystCredit FacilityOutlook for Stablecoin AdoptionFelix Pago’s new funding places it among a growing number of companies using stablecoins as critical payment infrastructure, moving beyond mere digital currency trading. Investors and industry observers are closely watching whether such efforts will encourage wider adoption of stablecoins like USDC across the mainstream financial sector.
Key metrics that market participants are monitoring include Felix Pago’s transaction growth, entry into lending and savings, and the broader uptake of similar blockchain-based settlement mechanisms by other fintech players.
Felix Pago has processed over $8 billion in remittances and is now targeting expansion into lending, savings, and AI-driven financial services, seeking to leverage its stablecoin-based platform for broader financial integration.
The successful fundraising confirms the expanding role of stablecoins as both assets and payment infrastructure. With plans to increase its product offerings, Felix Pago could help determine the scale at which stablecoin-powered remittance platforms may penetrate conventional financial markets.
Při zpětném odkupu tokenizované akcie Ondo nedostanete samotný podíl, ale jeho peněžní hodnotu v USDC nebo USDon. USDon je vždy okamžitý, USDC jen pokud má Ondo dostatek likvidity.
Selling a tokenized stock back to @Ondo (ethereum:0xfaba6f8e4a5e8ab82f62fe7c39859fa577269be3) does not return the underlying share. What arrives in your wallet is $USDC or USDon (ethereum:0xace8e719899f6e91831b18ae746c9a965c2119f1), the dollar stablecoin native to the Ondo Stocks platform, representing the share's cash value at the time of redemption.
How the redemption process works The speed of settlement depends on which stablecoin you redeem into. Redemption to USDon is always instant. Redemption to $USDC is also instant, provided Ondo's stablecoin swapper holds enough liquidity. If the swapper is short on $USDC, the user receives USDon first and can convert later, though that conversion requires Ondo to whitelist the wallet in question.
The underlying stock itself never moves on-chain. According to Ondo's documentation, all holdings are kept with one or more US-registered custodial broker-dealers. An independent third-party security agent, Ankura Trust Company, holds a first-priority, perfected security interest in the collateral for the benefit of token holders. That structure is designed to keep investors protected even in the event of an issuer failure.
Total return tokens and corporate actions Ondo's tokenized stocks are structured as total return trackers. Dividends are reinvested into the token net of any applicable withholding tax, which means a single token can come to represent more than one underlying share over time as value accumulates. Minting and redemption can be paused during corporate actions or periods of significant market volatility.
The broader context matters here. Ondo recently launched 24/7 instant minting and redemption for a selection of its most actively traded tokenized stocks and ETFs across Ethereum, BNB Chain, and Solana, removing the prior weekday-only constraint tied to US market hours. The platform now lists over 430 tokenized stocks and ETFs. In July 2026, Ondo's broker-dealer subsidiary, Oasis Pro Markets, also received FINRA authorization to offer tokenized equities to US institutional and retail investors, a significant regulatory milestone for the sector.
For users, the practical takeaway is straightforward. Redeeming a tokenized stock from Ondo converts your position into stablecoin liquidity, not a brokerage holding. The cash value is settled on-chain, and the custody structure behind it is designed to mirror the protections that exist in traditional securities markets.
Sources:
Ondo Finance: Investing and Redeeming Documentation
Ondo Finance: Trust and Transparency Documentation
TheStreet: Ondo Finance Clears a Major Hurdle for Tokenized Stocks in the US
A Bridgeless Path Between Ledgers@hedera has opened a draft proposal for its Cross-Ledger Protocol, or CLPR (pronounced "clipper"), to public review, marking a significant step in the project's governance process. The draft was filed to the Hiero GitHub on August 19 by Hashgraph's Richard Bair and Edward Wertz, alongside Hedera co-founder Leemon Baird, before @hedera issued a public call for community feedback on Tuesday.
CLPR is designed to enable cryptographically secured communication and token transfers between independent blockchain networks, all without bridges, pooled liquidity, or intermediary validator networks. Under the proposal, a Hiero network would verify proofs of another ledger's state directly, meaning no wrapped tokens and no bridge validator set would sit in between the two chains.
Traditional bridges introduce intermediary trust points whose compromise can result in total loss of funds. CLPR instead establishes trust directly ledger-to-ledger using state proofs. Because it eliminates single points of failure and preserves each chain's native consensus model, security assumptions are not weakened, and transfers complete as fast as the underlying networks reach consensus.
Known Risks and the Road to ApprovalThe authors are candid about what remains unresolved. The proposal names verifier compromise as the primary systemic risk and flags an outstanding queue-flooding vulnerability that must be addressed before any production deployment.
The protocol is designed to be chain-agnostic. On the public blockchain side, CLPR is being built to first support major networks, including Ethereum and other widely adopted public chains. Its initial deployment targets interoperability between HashSphere private enterprise networks and the Hedera public network, covering both Sphere-to-Sphere and Sphere-to-Hedera transfers.
Before CLPR can reach the hedera-hashgraph native network, the proposal must clear two governance hurdles: approval from the Hiero Technical Steering Committee and formal acceptance by Hedera. Hiero is an open-source distributed ledger project under the Linux Foundation Decentralized Trust. That governance structure means the community review now underway is not ceremonial. Substantive feedback from the public comment period could shape the final specification before it advances.
Sources:
Hashgraph: CLPR, a new bridgeless standard for cross-ledger communication
PR Newswire: Hashgraph unveils three major announcements at HederaCon in Miami
Hiero Improvement Proposals on GitHub
Liquidium na síti Internet Computer zaznamenal o víkendu rekordní aktivitu, když zpracoval 91 úspěšných vkladů a půjček. Celková likvidita dosáhla 6,20 mil. USD a nesplacené půjčky vystoupaly na rekordních 1,73 mil. USD.
@LiquidiumFi recorded its busiest period to date over the weekend, posting all-time highs across key lending metrics on the @dfinity Internet Computer network. The figures mark a notable step forward for decentralized lending activity on ICP.
Record Numbers Across the Board The protocol processed 91 successful deposit and borrow actions over the two-day period, bringing total supplied liquidity to $6.20M. Outstanding borrows on the platform climbed simultaneously to a record $1.73M, underlining growing user confidence in the protocol. On-chain data also confirms the deposit of 53.1K ICP into the ecosystem since Saturday.
The weekend results reflect a broader growth story for Liquidium. The protocol has processed over 119,000 loans and more than $400 million in borrowing volume since its inception, building a track record that underpins its expansion onto the Internet Computer.
How Liquidium Uses ICP Liquidium.fi is a non-custodial cross-chain lending platform that leverages Chain Fusion technology developed by the Internet Computer to enable users to supply and borrow native assets, including Bitcoin and USDT on Ethereum, without the security risks of centralized bridges or the need to manage wrapped tokens.
The protocol operates using the Internet Computer Protocol in the backend, where smart contracts manage lending logic, collateral, and liquidation processes. It leverages ICP's direct Bitcoin integration, enabling on-chain smart contracts to control native BTC via ckBTC. When users deposit BTC or USDT, the platform converts them into ckBTC or ckUSDT on ICP.
All loans are over-collateralized to manage risk, meaning borrowers deposit more value than they borrow. The platform uses Pyth's price oracle for asset pricing, aggregating data from major exchanges to support real-time collateral valuation and automated liquidations when thresholds are breached, alongside a dynamic interest rate model that automatically adjusts based on supply and demand.
The weekend performance adds further weight to the case that ICP is becoming a meaningful home for cross-chain DeFi activity, with Liquidium emerging as one of the ecosystem's most active protocols.
Pump.fun v mobilní aplikaci spustil nativní limitní příkazy pro Solana tokeny, včetně take-profit a stop-loss. Obchodníci tak mohou automaticky uzavírat pozice bez externích botů.
Pump.fun, the Solana-based memecoin launchpad that has become synonymous with the chain’s degen culture, just rolled out native limit order functionality in its mobile app. Users can now set take-profit and stop-loss levels directly within the platform, automating their exits on token trades without needing to rely on external bots or manual babysitting of positions.
What the update actually does The new feature lets Pump.fun users define specific price levels at which they want to automatically sell their token positions. Set a take-profit order, and the app sells when a token hits your target price on the upside. Set a stop-loss, and it sells when the price drops to your chosen floor.
Previously, anyone who wanted this kind of automated execution on Pump.fun tokens had to use third-party Solana trading bots, tools like BonkBot or Trojan that plug into Telegram or operate as standalone services. Those bots work, but they introduce additional counterparty risk, require sharing wallet access, and often charge premium fees. Native integration removes all of that friction.
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The update doesn’t change anything about Pump.fun’s underlying mechanics. The bonding curve model that governs how tokens are priced during their initial launch phase and the PumpSwap automated market maker remain untouched. This is purely an app-level enhancement, a better interface for the same trading infrastructure.
Pump.fun’s trajectory in numbers Pump.fun launched in January 2024 and quickly became the dominant launchpad for memecoin creation on Solana. The platform’s daily trading activity has scaled dramatically, growing from roughly $250K per day around its launch period to approximately $50M in daily volume by late August 2026. That same period saw around 905K daily transactions flowing through the app.
Co-founders Alon Cohen, Dylan Kerler, and Noah Tweedale have steadily expanded the platform’s capabilities over its lifespan. In March 2026, the team locked a creator-fee redirection to a one-time change as part of broader platform updates, a move designed to prevent repeated fee manipulation by token creators.
Why limit orders matter for memecoin trading The memecoin market operates on a different clock than the rest of crypto. Tokens can launch, pump 1,000%, and crash back to near-zero within hours. In that environment, the difference between a profitable trade and a total loss often comes down to whether you were staring at your screen at the right moment.
Limit orders change that dynamic. A trader who buys a newly launched token can immediately set a take-profit at, say, 3x their entry price and a stop-loss at 50% below it. If the token moons while they’re asleep, they lock in gains. If it crashes, they limit the damage. Neither outcome requires them to be actively watching.
This is table stakes functionality on centralized exchanges like Binance or Coinbase. But in the decentralized trading world, particularly for long-tail tokens that only exist on DEX infrastructure, it has historically been much harder to access. Pump.fun bringing it natively into the app closes a gap that has cost plenty of traders money.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Bitwise v srpnu získal 1,27 milionu SOL v čistých stakingových přílivech a jeho validátor se posunul na páté místo v síti Solana. Aktivní stake vzrostl na zhruba 9,455 milionu SOL.
Bitwise’s Onchain Solutions validator pulled in 1.27 million SOL during August, vaulting it to the fifth-largest validator on the Solana network. The influx pushed the validator’s total active stake to approximately 9.455 million SOL, up from around 8.3 million SOL in mid-July when it sat at rank six.
Most of that growth traces back to a single product: Bitwise’s BSOL ETF, which stakes nearly all of its Solana holdings through the same validator. The fund crossed $1 billion in assets under management by late August, becoming the first Solana ETF to hit that mark.
BSOL’s dominance in the Solana ETF race The BSOL ETF launched on October 28, 2025, with a straightforward pitch: buy SOL exposure and earn staking yield on top of it. The fund targets 100% staking of its holdings, with roughly 96% of its 9.33 million SOL actively staked at a net yield of approximately 5.8% after fees.
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BSOL has captured somewhere between 77% and 80% of all US spot Solana ETF inflows since launch. On August 27 alone, the fund saw $60.91 million in single-day inflows, its peak for the month. Total inflows across all US spot Solana ETFs have exceeded $1.3 billion since the category debuted.
How Bitwise built the infrastructure Bitwise acquired Chorus One in February 2026, a move that significantly expanded its staking operations across multiple blockchain networks. Chorus One brought established infrastructure and operational expertise in running validators at scale, giving Bitwise the backbone to handle the kind of delegation growth that followed.
The jump from 8.3 million to 9.455 million SOL in active stake over roughly six weeks represents a 14% increase.
A shrinking validator set raises concentration questions Active validators on the network have declined approximately 34% year-over-year, a trend driven primarily by rising operational costs that make it uneconomical for smaller operators to continue running nodes.
Solana’s roughly 46% price appreciation during August provided a tailwind that amplified the dollar value of staking inflows.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
DeFi Development Corp. nabízí 2,2 milionu preferenčních akcií za 9 USD za kus a většinu výtěžku chce použít na nákup SOL. Firma nedávno přikoupila zhruba 19 000 SOL a drží přibližně 2 333 432 SOL a ekvivalentů.
In brief DeFi Development Corp. is offering 2.2 million preferred shares at $9 each. CEO Joseph Onorati said most of the proceeds are expected to fund SOL purchases. The company recently bought 19,000 SOL, increasing its treasury to 2.33 million SOL and equivalents. Solana treasury firm DeFi Development Corp. has launched a preferred stock offering that could raise $19.8 million, with most of the proceeds expected to fund SOL purchases.
DeFi Development Corp. is a publicly traded company listed on the Nasdaq under the ticker DFDV. It has adopted a treasury strategy centered on accumulating and staking SOL.
Myriad: Where does Solana price go next? Click to make your prediction.According to CEO Joseph Onorati, the company intends to use the net proceeds from the offering for general corporate purposes, including for working capital and the acquisition of SOL.
“Intended use of proceeds are outlined in the prospectus, but we expect to buy SOL with most of the proceeds,” he told Decrypt.
The Nasdaq-listed company is offering 2.2 million shares of Variable Rate Series C Perpetual Preferred Stock at $9 each, according to a preliminary prospectus. It has applied to list the shares under the ticker CHAD.
The prospectus lists working capital, SOL and other digital asset investments, strategic transactions and growth initiatives as possible uses of the proceeds. It does not specify how much will go toward each purpose.
The company said last week that it had purchased approximately 19,000 SOL at an average price of $98.14. The acquisition brought its holdings to about 2,333,432 SOL, worth about $236 million.
1/ Let the $SOL accumulation resume! 🟠
Today, we announce that we've acquired ~19K $SOL, bringing treasury holdings to ~2.333M SOL.
Quarter-to-Date:
🔸 $SOL beat Nasdaq-100 by 33%
🔸 $DFDV outperformed SOL by 1.8x
More $SOL, even more amplified exposure. pic.twitter.com/TKk142byRZ
— DeFi Dev Corp. (DFDV) (@defidevcorp) August 27, 2026
Proceeds from the sale of DFDV’s ZeroStack position partially funded the purchase, according to a company press release. DFDV plans to retain the tokens as a long-term treasury asset and deploy them through its staking and on-chain infrastructure.
Along with holding SOL, the company operates its own Solana validators. That allows it to earn staking rewards and fees from delegated tokens. It also participates in decentralized finance projects built on Solana.
Onorati said DFDV is designed to give shareholders leveraged exposure to SOL. He pointed to the company’s trading volume, SOL holdings and staking income as central parts of that strategy.
“Our equity has become one of the most liquid ways to express that view within the SOL DAT category, while our treasury continues to generate differentiated organic yield,” he said in a statement at the time. “When SOL performs well, we believe DFDV has the potential to amplify that performance.”
DFDV said its returns were more than double SOL’s month-to-date and 1.8 times SOL’s quarter-to-date, which the company attributed to its leveraged exposure, trading liquidity, and treasury yield.
On several days that week, DFDV recorded the category’s highest absolute dollar trading volume, the company said. It also led in trading volume as a percentage of market capitalization.
If completed, the preferred-stock offering would give DFDV more money to continue buying SOL.
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Soud zamítl všechny nároky vůči Solana Labs a Solana Foundation v žalobě týkající se Pump.fun. Případ pokračuje už jen jako spor podle RICO proti Baton Corporation a třem zakladatelům.
A federal judge has dismissed all claims against Solana Labs, the Solana Foundation, and the named executives connected to them in the Pump.fun class action lawsuit.
Judge Colleen McMahon of the U.S. District Court for the Southern District of New York issued the 79-page ruling on August 31, granting defendants’ motions to dismiss in part and denying them in part. The decision leaves a narrower case focused on Pump.fun operator Baton Corporation Ltd. and its 3 founders, Alon Cohen, Dylan Kerler and Noah Tweedale.
The lawsuit began in January 2025 after plaintiffs alleged that Pump.fun facilitated a scheme that favored insiders through advance token positions, coordinated promotion and subsequent selling into retail demand. Plaintiffs estimated that retail traders collectively lost between $4 billion and $5.5 billion trading Pump.fun tokens.
$FRED and $GRIFFAIN Fail the Securities Test The ruling also rejected the plaintiffs’ Securities Act claims involving the 2 tokens they actually purchased, $FRED and $GRIFFAIN.
Judge McMahon did not rule that memecoins can never qualify as securities. Instead, she found that the complaint failed to establish a "common enterprise" under the Howey test.
The plaintiffs argued that $SOL deposited into each token’s bonding curve created a common pool. The judge disagreed, finding that the bonding curve did not connect investors to an underlying venture whose success or failure determined their collective fortunes. Early buyers could profit by selling to later buyers, while later purchasers could lose when demand declined.
The court dismissed the securities claims involving $FRED and $GRIFFAIN with prejudice. Claims involving the other 18 tokens failed because the named plaintiffs lacked class standing to pursue tokens they had not purchased.
That distinction matters. The ruling does not establish that all memecoins fall outside securities laws. It addresses the specific allegations surrounding $FRED and $GRIFFAIN, which were the tokens the plaintiffs actually purchased.
Pump.fun Still Faces RICO Claims The decision leaves the most consequential part of the lawsuit alive. The plaintiffs can continue pursuing substantive RICO and RICO conspiracy claims against Baton, Cohen, Kerler and Tweedale. The court found that the plaintiffs adequately pleaded wire-fraud allegations and a direct connection between the alleged conduct and transaction-fee losses.
The gambling theory did not survive. Judge McMahon concluded that buying and selling memecoins, although risky, does not constitute placing a bet under New York law.
The ruling also rejected the RICO claims against the Solana Defendants. The court found no adequately pleaded predicate racketeering act by Solana Labs, the Foundation, or their named executives.
Discovery and the September 10 Deadline The case now moves forward primarily as a RICO dispute against Pump.fun's operator and its 3 founders. Plaintiffs previously obtained nearly 5,000 internal chat messages and amended their complaint using that material.
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The court also ordered the plaintiffs to explain why 25 unidentified Lead KOL defendants should not face dismissal. They have until September 10 to identify any defendants they have located, explain their efforts to serve them, and identify any discovery they need to determine their identities. Failure to respond could lead to dismissal of those claims.
Pump.fun Keeps Building The ruling arrives as Pump.fun continues expanding its product. The memecoin launchpad announced the introduction of limit orders on Solana on its mobile app, including take-profit and stop-loss functionality. Co-founder Alon lauded it as “the FIRST memecoin trading mobile app that supports limit orders”, adding that EVM-chain support for limit orders would follow.
The pump.fun mobile app has consistently hit new all-time highs in daily active app traders, according to Sapijiju, another pseudonymous co-founder of pump.fun. He also reported that the app crossed 100,000 daily active users this week, highlighting the platform's continued growth, which has amassed over $1.4 billion in lifetime revenue.
The legal fight therefore narrows, but it does not disappear. Solana has exited the claims against it, the securities theory has collapsed for the 2 tokens at issue, and the gambling theory has failed. The remaining RICO allegations against Pump.fun and its founders now face discovery, where the parties will have to test the allegations against evidence before going to trial.
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Na burzy dorazilo 145,9 miliardy SHIB, což zvyšuje riziko prodeje a testu podpory 0,0000055 USD. Shiba Inu zároveň trápí slábnoucí příliv nového kapitálu.
Shiba Inu traded at $0.0000055 on Monday as the meme coin faced renewed selling pressure following the transfer of 145.9 billion SHIB tokens to exchanges on August 29, 2026. Analysts noted that large token inflows often precede a sell-off, although immediate liquidation is not guaranteed. The movement of such a considerable volume has raised concerns that Shiba Inu could retest its support floor in the days ahead.
Exchange inflows trigger uncertaintyMarket participants observed that the arrival of 145.9 billion SHIB on exchanges has heightened the risk of a downturn. While not every token deposited is instantly sold, the gradual process of exiting positions can still weigh heavily on price dynamics.
Many traders are closely watching the $0.0000055 zone, which could act as a critical support level if further selling occurs. The likelihood of a significant liquidation event has increased, especially given the scale of the recent token transfers.
Should a decline play out, Shiba Inu’s price may face further challenges unless buying interest emerges to counteract the selling pressure and help stabilize the coin around its current levels.
Stagnant inflows and fading investor interestRecent observations show that fresh capital inflows into Shiba Inu have slowed noticeably. First-time investor activity has tapered off, suggesting the project is experiencing diminished enthusiasm compared to its initial surge.
The meme token has trailed behind other assets for more than three years, with many traders shifting their focus to different projects in pursuit of better returns. As a result, those entering new positions in SHIB are contending with increased volatility and uncertainty.
The risk of a downturn is high, and an entry position into SHIB can prove hazardous. Inflows to exchanges don’t guarantee immediate sell-offs but signal a gradual process in hitting the exit button.
In parallel with these developments, traditional markets are undergoing a significant transformation as Wall Street embraces Web3 technology. Investors now utilize platforms such as 1stepSwap to hold tokenized real-world assets, including blue-chip stocks and precious metals, directly within their crypto wallets. By removing intermediaries and providing instant access to the best market prices, these platforms are facilitating a broader shift away from conventional brokers.
Challenges for recoveryShiba Inu’s potential for a rebound hinges on two main factors: renewed buying pressure and a substantial increase in token burns by Shibarium. Although the team had initially predicted that Shibarium would eliminate trillions of tokens annually, performance has not kept pace with expectations.
Since its launch in August 2023, Shibarium has removed just over 1 billion SHIB tokens—well below its marketed targets. As a result, market participants have struggled with long holding periods and ongoing losses, leading to a decline in trust and attention directed toward the token.
Shibarium has burned more than 1 billion SHIB tokens in the three years since its launch in August 2023. The scale is very minimal, compared to what it was marketed to do before its launch.
Many investors have held their SHIB holdings for nearly five years without reaching a break-even point, further eroding confidence in the meme coin’s prospects.
RedStone uvedl, že ztráta Tectonic ve výši zhruba 75 milionů USD nebyla chybou orákula, ale důsledkem slabých kontrol zástavy. TONIC prý během asi 20 minut vyskočil asi 100× a byl použit jako kolaterál.
RedStone has said Tectonic’s estimated $75 million exploit resulted from weak collateral controls rather than an inaccurate oracle after TONIC’s reported price rose about 100-fold in 20 minutes.
Summary
An onchain researcher estimated that the Tectonic exploit affected about $75 million. TONIC’s reported price increased roughly 100 times before the token was supplied as collateral. RedStone said borrow caps tied to executable liquidity could have limited the losses. Cronos has restarted after restoring its chain state to a point before the attack. RedStone co-founder Marcin Kazmierczak told crypto.news that the oracle accurately reported TONIC’s price in the pool it monitored, but Tectonic allegedly accepted the reading without checking whether the token could be sold at that valuation in meaningful size.
Cronos validators halted block production on Aug. 30 after Tectonic disclosed an incident involving the decentralized lending protocol. Independent researcher Weilin Li estimated that approximately $75 million was affected, although neither Tectonic nor Cronos has confirmed the final loss.
According to Li’s initial analysis, the attacker pushed TONIC’s price about 100 times higher within roughly 20 minutes. The inflated tokens were then supplied to Tectonic as collateral, allowing the attacker to borrow assets with more established liquidity.
TONIC reportedly had a collateral factor of 20%, meaning the protocol allowed users to borrow assets worth up to one-fifth of the collateral’s reported value. Li identified about 364.6 trillion TONIC in the position, which would have needed a reported value of around $375 million to support approximately $75 million in borrowing.
Tectonic oracle reported a manipulated market price Kazmierczak rejected the idea that the oracle itself necessarily produced incorrect data, drawing a distinction between observing the available market price and deciding whether that price is safe for a lending protocol.
“The oracle wasn’t wrong. It accurately reported the price of TONIC on the pool it was reading from at that moment,” he said.
A thinly traded token can register a high spot price after a limited number of trades, even when the market lacks enough buyers to support large sales at the same level. According to Kazmierczak, Tectonic’s alleged failure was accepting the manipulated price as collateral without testing how much TONIC could actually be sold before its value collapsed.
“Reporting a price and validating that a price is safe to lend against are two different jobs, and Tectonic’s design conflated them.”
The initial Tectonic incident left most of the identified assets on Cronos when validators stopped the chain. Li estimated that about $6 million had reached Ethereum, while roughly $60 million remained at one Cronos address. A second address holding close to $8 million raised his combined estimate to about $75 million.
Funds remaining at identified addresses should not be treated as recovered unless the network, protocol or affected users regain control of them. Cronos and Tectonic had not confirmed Li’s address attribution or asset estimates when the preliminary analysis was published.
Borrow caps could have limited the Tectonic loss Among the safeguards available to lending protocols, Kazmierczak said borrow caps linked to executable liquidity would have provided the strongest protection. Such a cap limits the total amount users can borrow against an asset based on how much of the collateral could realistically be sold without causing a steep price decline.
“Even if TONIC’s reported price moves 100x, a borrow cap sized to what could realistically be exited without collapsing the market limits the damage regardless of what the price feed says,” he said.
Dynamic collateral factors, price-impact limits and minimum market-depth requirements could also have reduced Tectonic’s exposure, according to Kazmierczak. However, he argued that a properly set borrow cap can contain losses even when another risk parameter fails.
Tectonic apparently lacked those protections, he said, allowing a token with limited liquidity to support borrowing on the basis of a temporarily inflated valuation. Neither Tectonic nor Cronos has released a technical postmortem confirming which controls were active when the incident occurred.
Kazmierczak also cautioned against treating a longer time-weighted average price window as a complete solution. A TWAP calculates an average price across a set period, making brief market moves less influential than they would be under a spot-price feed.
Although longer windows can filter out short-lived price changes, Kazmierczak said protocols must set them according to each asset’s liquidity and trading history. In his assessment, a 100-fold increase in 20 minutes should have raised questions about TONIC’s eligibility as collateral rather than prompting a debate over the ideal averaging period.
“A move like TONIC’s, 100x in 20 minutes, isn’t a volatility event a wider TWAP window would smooth over. It’s a signal the asset shouldn’t have been usable as collateral at any meaningful size in the first place.”
Thin collateral has caused similar DeFi attacks Tectonic’s reported attack followed an $8.7 million Moonwell exploit on Base on Aug. 27. Security firms said the Moonwell attacker manipulated the collateral value of the relatively illiquid MAMO token before borrowing cbBTC from the protocol’s mBTC market.
Following the incident, Moonwell lowered borrow caps across its Base Core Markets to 1 wei, effectively preventing new loans. It also reduced the supply caps for MAMO and WELL to 1 wei while investigating the transactions.
Kazmierczak compared Tectonic with Mango Markets and Moola Market, two protocols targeted through variations of inflated collateral pricing in October 2022. Mango Markets lost more than $100 million after Avraham Eisenberg increased the value of positions linked to the thinly traded MNGO token and borrowed other assets against them.
The Mango case also provides a U.S. legal example of how difficult it can be to apply existing fraud and commodities laws to automated lending systems. A Manhattan jury convicted Eisenberg in 2024 of commodities fraud, commodities manipulation and wire fraud, but a federal judge vacated the convictions in May 2025 over venue problems and insufficient evidence supporting the wire fraud count.
According to Kazmierczak, protocols repeatedly expose themselves to such attacks because listing a native governance token as collateral can increase its use and help attract deposits. The cost of weak settings may remain hidden until someone tests how the lending market responds to a manipulated token price.
He placed primary responsibility on risk curators and other service providers tasked with setting and maintaining collateral parameters, working alongside protocol developers and oracle providers. Governance participants may approve an asset listing, Kazmierczak said, but many voters lack the market-structure knowledge needed to judge liquidity and price-impact risks.
Cronos restored the chain to its pre-exploit state Cronos has since restarted network operations after validators restored the blockchain to a point before the Tectonic incident. The network described the halt as an emergency action agreed through validator consensus to protect users.
Restoring the earlier chain state removed transactions recorded after the chosen rollback point from the restarted version of Cronos. Crypto.com CEO Kris Marszalek said the company’s centralized app and exchange continued to operate during the halt and that funds held through those services were unaffected.
Tectonic had asked users not to interact with the lending protocol while its team investigated the incident. Cronos has not published the technical process validators used to select and approve the restored state, while the promised postmortem is expected to address the attack, the emergency halt, and the subsequent restart.
Injective uvedl, že po urychleném upgradu byli někteří validátoři dočasně jailed, což vedlo k dočasnému poklesu stakovaného množství, a některé burzy dočasně pozastavily vklady a výběry INJ, ale blockchain i INJ zůstaly během celé akce plně bezpečné a bez výpadku. Urychlený upgrade byl vyvolán útoky na malý počet aplikací pro binární opce v ekosystému Injective.
Injective officials announced that community contributors coordinated an accelerated network upgrade yesterday. As the time required for all validators and ecosystem infrastructure to complete the upgrade exceeded expectations, some validators were temporarily jailed, leading to a temporary dip in the network’s staked amount. Several exchanges also temporarily suspended INJ deposits and withdrawals. Injective stressed that its blockchain network and INJ token remained fully secure throughout the process: the underlying protocol and consensus mechanism were not compromised, user and staked funds suffered no losses or risks, and the network continued processing transactions without any downtime. The official noted that the accelerated upgrade was triggered by attacks on a small number of binary options market applications within the Injective ecosystem. The incident only impacted those applications, and did not exploit the Injective blockchain, protocol, native assets, or consensus mechanism. The attack vector has since been contained and repaired. Injective added that its team is deploying enhanced security mechanisms, real-time monitoring systems, and additional protective measures to identify abnormal activities earlier and reduce the risk of similar incidents recurring.
Binance provedla další měsíční spálení Terra Luna Classic (LUNC) a trvale odstranila 334 879 422 tokenů. Celkově už spálila 87,7 miliardy LUNC a blíží se hranici 90 miliard.
@Binance has executed its latest monthly Terra Luna Classic ($LUNC) burn, permanently removing 334,879,422 tokens from circulation. The burn covers trading fees collected on the exchange during August 2026 and brings Binance's running total to 87.7 billion LUNC destroyed to date.
A Consistent Commitment to Deflation The move is part of Binance's standing policy of burning a portion of LUNC spot and margin trading fees each month, a programme the exchange has maintained since late 2022. The September burn of 334.8 million tokens reflects a month-on-month increase in fee volume, pointing to firmer trading activity in August.
The September contribution pushes that figure to 87.7 billion, closing in on the 90 billion mark.
Supply Reduction in Context While the monthly burns are a visible signal of Binance's support for the Terra Classic deflationary roadmap, analysts caution that the pace of reduction remains slow relative to the overall supply.
The exchange burns run alongside the Terra Classic community's own on-chain mechanism.
Despite that progress,
Sources
CoinReporter: Binance Executes Monthly LUNC Burn, August 2026
CoinMarketCap: Terra Classic Latest Updates
LUNC Metrics: Binance LUNC Burn Tracker
ARB led the 108 largest non-stablecoin tokens after chain fees on Robinhood's network doubled in a day, taking the Arbitrum DAO's contractual 10% cut to roughly $192,000 a day. Bitcoin fell 0.7% while Japanese and U.S. government bond yields rose and gold dropped 1.9%.
Arbitrum's ARB rose more than 25% through the Asian and European sessions and held the gain into the U.S. open, the largest advance among the biggest tokens, after fees collected on Robinhood Chain doubled from Monday.
ARB holders earn a fixed share of that revenue. Every Arbitrum chain deployed outside Arbitrum One and Nova owes 10% of its net revenue under the licence that lets it use the technology, and Robinhood Chain has become the largest single source of it two months after launch. Tuesday put the first sizeable figure on the arrangement.
ARB last changed hands at $0.1087, up 25% over 24 hours and 14% over seven days, after trading as low as $0.08347, DefiLlama and CoinGecko data shows.
Bitcoin was at $77,787, down 0.71% on the day and 1.75% on the week. Ether stood at $2,437, down 0.92% and 1.42%. XRP was flat at $1.369 and 6.9% lower over seven days; Solana fell 1.6% to $101.34 while holding a 3.5% weekly gain; BNB slipped 0.52% to $685.18. Total crypto market value was $2.72 trillion, up 0.22% over 24 hours, on $78.4 billion of volume, with bitcoin dominance at 57.9%, according to CoinGecko.
Rent From RobinhoodRobinhood Chain collected $2.13 million in chain fees and $1.92 million in chain revenue over 24 hours, against the $963,612 in gas fees the network had recorded on Monday, DefiLlama data shows. Applications on the chain took a further $3 million. Total value locked reached $738.5 million, up 3.8% on the day, and decentralized exchange volume hit $1.56 billion, an 89.5% increase over seven days.
At Monday's revenue rate, the 10% owed under the licence works out to about $192,000 a day. Arbitrum's own network produced $12,152 in chain fees over the same 24 hours.
The obligation is written into Arbitrum's chain licensing. Chains "deployed outside of Arbitrum One and Arbitrum Nova must pay 10% of their Protocol Net Revenue to the Arbitrum Foundation," according to the Arbitrum documentation, routed through what it calls AEP Fee Routers. The licensing page puts the split at "8% flows to the DAO and 2% to the developer guild." The Defiant covered the fee-capture arrangement when Robinhood's chain launched.
ARB's market value stands at about $726 million on 6.678 billion circulating tokens. The token is 95.5% below the $2.39 it reached in January 2024.
Memecoins Pay The BillMemecoin trading produces most of that revenue, ahead of the tokenized equities Robinhood pitched at launch. Robinhood launched the chain on July 1 with 24/7 stock tokens, onchain lending and plans for agentic trading. Memecoin trading arrived in week one, and CEO Vlad Tenev said the chain works for memes too. By late July the network carried more tokenized stock volume than Solana's venues combined, most of it a byproduct of memecoin trades. The Defiant reported Monday that applications on the chain out-earned Ethereum's over 24 hours (LINK TK).
A separate proposal would route more of Arbitrum One's own fees to the treasury. Offchain Labs has asked the DAO to replace Timeboost with priority gas auctions on Arbitrum One and Nova, ordering transactions by priority fee in 125-millisecond rounds. Under the proposal, fees would split "97% to the ArbitrumDAO Treasury and 3% to the Arbitrum Developer Guild." Timeboost has produced about $7.46 million cumulatively since April 2025, running at roughly $2 million annualized as of March, with three entities winning about 97% of auctions. The constitutional vote has not concluded.
Bonds Sell, Gold FollowsGovernment bonds sold off across three continents overnight while crude held above $90.
Japan's 10-year government bond yield reached 2.943% on Aug. 31, the highest of the year, from 2.897% on Aug. 25, according to Japan's Ministry of Finance. The ministry had not published Tuesday's rate at the time of writing.
U.S. yields followed. The 10-year Treasury par yield closed Monday at 4.75% and the 30-year at 5.25%, from 4.73% and 5.22% on Friday, Treasury data shows.
Iliya Kalchev, an analyst at digital asset platform Nexo, wrote in the firm's daily dispatch that the bond move was the session's driver. "The dominant story is a historic move in global bond markets, worth understanding clearly rather than dramatizing," he wrote.
Kalchev pointed to which assets were being sold. "The notable feature: government bonds, traditionally a safe haven during geopolitical stress, are being sold alongside riskier assets rather than bought — consistent with markets pricing persistent, energy-driven inflation rather than a simple flight from risk," he wrote. On the fiscal reading: "The bond market's rise, in effect, reads as a warning against further fiscal expansion, with little sign markets expect a near-term reversal." The dispatch put Japan's 10-year above 3%, a level the ministry's published series has not yet reached.
Europe added an inflation print. Euro area annual inflation ran at 3.3% in August, up from 2.9% in July, according to a flash estimate Eurostat published Tuesday.
Gold took the hit. Spot traded at $4,358 an ounce, down 1.87% on the day, TradingEconomics data shows. Equities opened lower, with the S&P 500 at 7,635.28, down 0.66%, the Nasdaq 100 at 28,943.56, down 1.74%, and the Dow at 52,938.76, down 0.46%, according to TradingEconomics.
A Hike Stays The FavoritePolymarket priced a quarter-point increase at the Sept. 15-16 meeting at 57% and no change at 40%, on $75.6 million of event volume. A cut of any size trades below 1%. The same market read 55.5% for an increase and 43.5% for a hold on Monday, on $70.9 million of volume.
Traders moved into that position after Chair Kevin Warsh's Jackson Hole speech on Friday, which The Defiant covered at the time. August CPI publishes Sept. 11, four days before the meeting opens.
Strategy Buys Above MarketStrategy paid more than the current price for its first bitcoin in 10 weeks.
The company acquired 4,603 BTC for $369.7 million between Aug. 24 and Aug. 30 at an average of $80,318, according to an 8-K filed Monday. Bitcoin at $77,787 is 3.2% below that average. Holdings reached 845,050 BTC at an aggregate purchase price of $63.73 billion and an average of $75,412, leaving the position about 3% above cost. The filing also disclosed the repurchase of 1,557,177 shares of STRC stock for $151.8 million over the same week, USD cash of $1.61 billion and a USD reserve of $5.10 billion as of Aug. 30.
The Defiant covered the purchase on Monday, its first since June 22.
ETFs Report LateU.S. spot bitcoin ETFs showed $17.3 million of inflows for Monday on Farside Investors, with Bitwise's BITB at $4.3 million, Grayscale's mini product at $9.4 million and Morgan Stanley's MSBT at $3.6 million. BlackRock, Fidelity, Invesco, Franklin, Valkyrie and VanEck had not posted figures at the time of writing, so the total is partial. Friday's $201.9 million of outflows ended five days of inflows, and the week to Aug. 28 still netted $924.5 million.
Spot ether ETFs took in $87.6 million on Monday, with BlackRock's ETHA accounting for $59.9 million and Grayscale's product $13.5 million. Every session Farside lists from Aug. 25 onward is positive.
Breadth Turns PositiveSeventy-six of the 108 largest non-stablecoin tokens rose and 32 fell, reversing Monday, when 88 of 125 declined. Total crypto market value gained 0.22% while bitcoin fell 0.71%.
The Crypto Fear & Greed Index read 69 on Tuesday, up from 62 on Monday, according to Alternative.me. The index has been in greed since Aug. 20.
DeFi total value locked stood at $88.32 billion, up 0.36% over 24 hours, DefiLlama data shows. Stablecoin supply reached $304.4 billion, up 0.42% over seven days and 1.43% over 30 days, or $1.27 billion of net issuance on the week.
DeFi Tokens Take The DayTokenPrice24h7dArbitrum (ARB)$0.1087+25.2%+14.5%Curve DAO (CRV)$0.3611+14.1%+11.6%Optimism (OP)$0.09874+13.9%-4.2%Trust Wallet Token (TWT)$0.5506+12.2%+19.8%Uniswap (UNI)$5.74+11.1%+30.5%NEAR Protocol (NEAR)$2.02+7.8%+5.5%Uniswap's UNI has the clearest link to the same revenue. Its V4 and V3 deployments are the largest fee earners on Robinhood Chain, collecting $2.68 million and $1.45 million over 24 hours as of Monday, and protocol fees on the network burn UNI. Uniswap Labs proposed extending fee collection to the chain on July 11, writing that the change would "extend the infrastructure for collecting and burning protocol fees to Robinhood Chain" and "enable v2, v3, and v4 protocol fees." The snapshot vote ran July 10-15. No announcement is dated to Tuesday's move.
Curve's 14.1% gain has no dated trigger. Its blog has published nothing on the token since an Aug. 13 post recording annual CRV emissions falling below 100 million for the first time, to about 97.2 million from 115.5 million as Epoch 6 began. The most recent entry is a weekly metrics post dated Aug. 27.
Optimism rose 13.9% and remains 4.2% lower over seven days. Trust Wallet's TWT leads the week among the group at 19.8%.
Mantle And Jito Give BackTokenPrice24h7dMantle (MNT)$0.5396-4.8%+5.7%Venice Token (VVV)$16.29-4.3%-10.0%Morpho (MORPHO)$2.54-4.2%+0.6%Jito (JTO)$0.4255-4.0%-21.5%Rain (RAIN)$0.01655-3.1%+14.0%LayerZero (ZRO)$1.01-3.0%-13.8%Jito's JTO is 21.5% lower over seven days, the steepest weekly decline in the group, and LayerZero's ZRO 13.8% lower. Morpho fell 4.2% a day after gaining 6.3%.
Monero held a 12.9% weekly gain at $504, and Zcash a 4.9% weekly gain at $849. Pepe is 11.8% lower over seven days and Injective 14.7% lower.
Prices and market data as of 11:35 a.m. ET on Sept. 1, 2026. Percentage changes and prices are drawn from DefiLlama's CoinGecko-keyed price feed; aggregate market value, volume and dominance from CoinGecko.
New York City, USA, September 1st, 2026, Chainwire
As gold’s recent run higher has renewed interest in the metal as a store of value, Arch Lending, the alternative-asset lending platform operated by ChainFi, Inc, today began accepting PAX Gold (PAXG) and Tether Gold (XAUT) as loan collateral at starting loan-to-value ratios of up to 75%.
Borrowing Against Gold Is Already Happening
Demand for credit against tokenized gold is documented rather than theoretical. By January 29, 2026, Aave governance data showed $24.99 million in outstanding debt against a $25 million isolated debt ceiling for Tether Gold, effectively full utilization, with the ceiling raised repeatedly in the following weeks as borrowing continued to fill available capacity.
That activity took place on a decentralized protocol, at variable rates, without fiat funding or a regulated custodian. Arch Lending now offers the same underlying trade through a regulated, custodial structure: fixed 12-month terms, funding in dollars or USDC, and eligible collateral custodied by Anchorage Digital, a federally chartered bank.
PAXG, issued by Paxos Trust Company, represents one fine troy ounce of gold from an LBMA-accredited London Good Delivery bar held in Brink’s vaults. XAUT, issued by TG Commodities Limited, represents one fine troy ounce from a London Good Delivery bar held in Swiss custody. Together they account for the overwhelming majority of a category that generated $90.7 billion in spot trading volume in the first quarter of 2026, according to CoinGecko, surpassing the $84.64 billion recorded across the whole of 2025.
A New Class of Borrower
Arch Lending is targeting a profile that has largely sat outside crypto lending: gold investors, wealth advisors, commodities traders, family offices, and corporate treasuries with existing precious-metals allocations.
“We’re seeing real demand from advisors and family offices with a gold sleeve who have never borrowed against it, because the process was slow and usually ended in a sale,” said Himanshu Sahay, Co-Founder and CTO of Arch Lending. “Tokenization fixed the plumbing. Credit is the part that makes it worth doing.”
Terms
Loans start at $250,000, generally with 12-month terms. Rates for monthly-payment loans begin at 9.25% APR between $250,000 and $750,000, comprising 8.50% interest and a 0.75% origination fee, falling to 7.25% APR above $5 million. Rates and fees are subject to applicable state requirements.
$250,000 minimum loan size Up to 75% initial LTV 85% margin-call threshold 90% liquidation threshold Generally 12-month loan structures USD or USDC funding No credit score is used for loan approval. Eligibility requirements apply. No prepayment penalties 24-hour cure window Partial-only liquidation Eligible collateral custodied by Anchorage Digital N.A., which maintains $100 million of insurance coverage through Lloyd’s of London No rehypothecation PAXG and XAUT now sit alongside Bitcoin, Ethereum, Solana, and XRP within Arch Lending’s collateral set, extending Arch Lending’s core Bitcoin-backed lending platform into a multi-asset collateral set spanning digital assets and gold.
About Arch Lending
Arch Lending is a U.S.-based lending platform that lets holders of alternative assets borrow against their holdings without selling. It supports Bitcoin, Ethereum, Solana, XRP, PAX Gold and Tether Gold as collateral. Eligible client assets are held 1:1 in segregated custody with Anchorage Digital, a federally chartered bank and qualified custodian, and are not rehypothecated.
For more information, you can visit: archlending.com
All terms are illustrative, subject to change, and not available in every jurisdiction. This announcement is not a commitment to lend. Loans are subject to application, verification, applicable law, and final loan documentation. Digital assets involve significant risks, including price volatility, liquidation, loss of value, issuer and counterparty risk, technology risk, and possible loss of principal. Digital assets held in custody are not subject to the protections of the FDIC or SIPC. Terms are subject to underwriting, collateral type, loan size, jurisdiction, and other eligibility requirements.
ARB za 24 hodin vzrostl téměř o 30 % na maximum 0,12 USD, protože Robinhood Chain zaznamenal rekordní aktivitu a objemy obchodů. Trh sleduje i blížící se odemknutí 139,15 milionu ARB 23. září.
Arbitrum (ARB) has climbed nearly 30% in the past 24 hours, with the token trading as high as $0.12 before settling near $0.11. This rapid price surge comes as the Robinhood Chain—an Ethereum layer 2 solution built with Arbitrum technology—set new records for activity and trading volume, according to figures from the Arbitrum Foundation.
Robinhood Chain and surging activityRobinhood Chain processed 5.52 million transactions on August 30, marking a historic high for the network. Decentralized exchange volumes reached approximately $875 million on the same day, reflecting heightened user participation.
Applications built on Robinhood Chain generated $2.66 million in revenue over 24 hours. This ranked the network third among blockchains in terms of daily app revenue, trailing only Solana‘s $5.07 million and surpassing both Ethereum and Base during the same period.
The economic link between Robinhood Chain and Arbitrum is governed by the Arbitrum Expansion Program. Under this framework, Robinhood Chain distributes 10% of its net protocol revenue back to the Arbitrum ecosystem: 8% goes to the ArbitrumDAO treasury and 2% to the Arbitrum Developer Guild.
More than 30 chains based on Arbitrum technology and settling outside Arbitrum One have adopted similar revenue-sharing models.
It is important to note that the reported $2.66 million in revenue came from applications on Robinhood Chain, not from the chain’s protocol revenue itself. As a result, the 10% distributed to Arbitrum is not directly based on that figure.
Mini dictionary: Robinhood Chain is a layer 2 blockchain developed to improve scalability and efficiency for Ethereum-based applications, utilizing Arbitrum’s technology for faster and more cost-effective transactions.
Memecoin trading drives network usageRecent activity on Robinhood Chain has been overwhelmingly driven by memecoin trading. Users created roughly 22,600 new tokens with Pons in a single day, while top apps including Pons, GMGN, and Uniswap generated approximately 88% of total application revenue.
Combined, Pons and GMGN brought in close to $2 million, and Uniswap added about $307,000 in revenue. Despite Robinhood Chain’s original intention to focus on tokenized assets, memecoins are now fueling a majority of activity.
Derivatives, price action and upcoming unlockARB’s rally was also reflected in derivatives trading. Open interest surged to about $88 million, with short liquidations and the closing of bearish positions contributing to increased buying pressure.
The move set Arbitrum apart from the broader cryptocurrency market, as Bitcoin remained steady near $78,000 and other major altcoins saw smaller gains.
However, a scheduled token unlock on September 23 presents a potential hurdle. On that date, 139.15 million ARB—representing 1.4% of total ARB supply and around 2% of market capitalization—will be released. The distribution allocates 53.8% to insiders, 35% to private investors, and 11.2% to the Arbitrum Foundation.
Unlock DateTokens Unlocked% of Total Supply% of Market CapInsidersPrivate InvestorsFoundationSept. 23139.15M1.4%2%53.8%35%11.2%Sustained buying demand will be necessary to absorb any new tokens entering the market, especially if ARB continues to test the $0.12 to $0.14 zone during this period.
Technical analysis: Resistance and support levelsARB’s daily chart shows the price breaking above all major Fibonacci retracement levels drawn from the August low near $0.072 to the earlier swing high around $0.1096. The rally saw ARB push past $0.12 before slipping back toward $0.111.
Current support levels stand at $0.1008 (23.6% Fibonacci), $0.0953 (38.2%), $0.0909 (50%), and $0.0865 (61.8%). The ADX on the daily chart is near 33.8, suggesting strong directional momentum, with the positive directional indicator significantly higher than the negative.
Holding above $0.1096 would keep $0.12 as the next resistance. A daily close above $0.12 could open the path to $0.13, with $0.14 remaining a key target—last seen during the May decline.
On the 4-hour chart, ARB spiked through the upper Bollinger Band at $0.12 before pulling back. The middle band is around $0.0937, acting as a lower reference point. On-balance volume also saw a notable increase, signaling strong participation during the rally. Sustaining OBV and reclaiming $0.115 could set up another test of $0.12 and higher.
Robinhood Chain’s record transaction volumes and surging decentralized app revenues drove a nearly 30% surge in ARB’s price, bringing targets of $0.12 and $0.14 within reach ahead of a significant token unlock.
Ethena spustila beta verzi Ethena Pay na Avalanche, která dává USDe přímou cestu k platbám. Úvodní přístup má 400 uživatelů a odměny jsou omezeny na 6% výnos a až 5% cashback.
The iOS beta starts with 400 users, while official terms cap boosted balances and put cashback at up to 5% — not 10%.
Ethena has launched the beta of Ethena Pay, a self-custodial iOS money app that uses Avalanche as its exclusive settlement layer and gives USDe a direct route into consumer payments.
Ethena said the initial early-access list contains 400 users and will expand weekly as the product moves out of beta during September. Its supported-country page lists 49 countries across Latin America, the Caribbean, Asia and the Middle East, Africa and Oceania. The U.S., European Union, U.K. and Canada are among the regions marked as coming later.
Ethena Pay combines a self-custodial wallet with transfers, fiat onramps and a Visa card. Ethena Pay Ltd. says it supplies the software rather than banking or custody services; wallet keys remain on the user’s device and cannot be recovered by the company. The card is issued by Puerto Rico-chartered Third National and managed by Rain, and is available only to non-U.S. persons.
Ava Labs said digital-dollar balances in the app are held in USDe, with Avalanche handling transfers, payments and settlement behind the interface. That gives Ethena a consumer distribution channel in which USDe can be held, sent and spent without users selecting a blockchain network.
The 6% Total Rate Comes With CapsEthena Pay’s pricing terms say the advertised rate of up to 6% per year is a total made up of the prevailing underlying USDe rate plus a “Daily Boost” contributed by Ethena Pay. It is not an additional 6% on top of the base rate.
Standard users receive a 5% total rate on up to $5,000. Pro users receive 6% on up to $15,000, while VIP users receive 6% on up to $50,000. Balances above those caps earn only the underlying USDe rate, and users must make at least one qualifying card transaction each calendar month to receive the boost.
The boost is paid daily in USDe and is described as a discretionary promotion, not interest, a deposit or an insured return. Ethena Pay can reduce or end it.
The product documents do not say customer balances are converted into sUSDe. They call the variable component the underlying USDe rate. At the protocol level, Ethena’s documentation says sUSDe rewards accrue when a subsidiary of the Ethena Foundation deposits discretionary protocol revenue into the staking contract.
For most of Ethena’s history, its backing was concentrated in spot crypto assets hedged with short perpetual futures, a model that left protocol revenue and risk closely tied to that market dynamic. Ethena now says its backing portfolio is diversifying across lending, real-world assets, stablecoins and non-crypto basis trades. The company announced plans last week to add stock-linked perpetual basis trades, though deployments had not yet begun.
Cashback Tops Out at 5%Ethena’s launch post and legal pricing page advertise up to 5% cashback, rather than 10%. Standard users earn 4% on their first $2,500 of monthly spending, Pro users earn 4.5% on their first $8,000, and VIP users earn 5% on their first $20,000. Rates step down for spending above each band.
Cashback is calculated after a card transaction settles and is paid in AVAX at the exchange rate when it is credited. Transactions below $1 do not qualify, nor do categories including crypto and securities purchases, gambling, gift cards, peer-to-peer transfers and account funding.
The pricing page identifies Ethena Pay as the party offering the discretionary reward and does not name Avalanche or the card issuer as a separate cashback funder. Ethena Pay says rewards may be reduced, suspended or terminated at its discretion.
The launch therefore extends USDe beyond trading and investment into a consumer payments interface, but the beta begins with limited access and its richest rewards are tiered and capped.
TLDR Ethena launched Ethena Pay, a consumer finance app combining stablecoin savings, card spending, transfers, and fiat onramps. The app offers a 6% dollar savings rate and 5% cashback on eligible card purchases. ENA rose about 9% after the announcement, outperforming a broadly flat crypto market. Ethena selected Avalanche as the exclusive settlement network for payments, transfers, and money movement on the app. Ethena Pay supports dollar, pound, and euro onramps, local currencies, and fiat IBANs linked to self-custodial stablecoin accounts. Ethena has launched Ethena Pay, a consumer finance app that brings stablecoin savings, payments, transfers, and fiat access into one platform. The product expands Ethena beyond its yield-focused dollar products and gives users a way to manage digital dollars.
The app went live on Apple’s App Store on Tuesday. Ethena said the service offers a 6% dollar savings rate and 5% cashback on card purchases. ENA, the protocol’s native token, rose about 9% after the announcement while the wider crypto market stayed flat.
Ethena Expands Beyond USDe Savings Ethena Pay connects savings with daily spending. Users can hold funds, earn rewards, make card purchases, and transfer money without moving assets between several platforms. The app supports free dollar, pound, and euro onramps. It adds local currency access and international bank account numbers linked to self-custodial stablecoin accounts. These features make stablecoins easier to use for financial needs.
Ethena has expanded its product range during 2026. The protocol previously focused on USDe, a synthetic dollar token with $4 billion in circulation. Its yield model relied mainly on crypto basis trades. Ethena Pay also includes a feature called “Buy Now Pay Never.” The system uses rewards earned on savings to cover purchases while leaving the user’s main balance untouched.
This setup links the app’s savings and payments functions. A user can keep funds in one account, earn returns, and use those rewards for spending without transferring money elsewhere. Earlier this year, Ethena introduced a savings product with Coinbase. That agreement gave Ethena another distribution channel through a crypto exchange with more than 100 million users.
Avalanche Handles Ethena Pay Settlement Ethena selected Avalanche as the exclusive settlement network for Ethena Pay. Avalanche will process transfers, payments, money movement, and settlement across the app. The choice expands Ethena’s infrastructure beyond the Ethereum-focused systems that supported its earlier growth. Avalanche will now serve as the core network behind the consumer finance product.
Ethena has limited initial access to 400 users. The project plans to add more users each week as it moves the app out of beta during September. The launch gives Ethena a consumer product combining stablecoin savings with payment tools. The company is positioning Ethena Pay as an “internet money neobank” built around digital dollars and self-custodial accounts.
Hashdex’s Nasdaq CME Crypto Index ETF (NCIQ) has expanded its portfolio to nine assets with the addition of Hyperliquid’s HYPE token, according to a Tuesday press release. The move brings one of the largest decentralized trading platforms into a diversified crypto investment product.
HYPE was added to the NCIQ effective Tuesday after qualifying for inclusion in the Nasdaq CME Crypto Index. The index requires constituent assets to meet criteria covering market capitalization, liquidity, custody availability and regulatory standards for crypto exchange-traded products.
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With HYPE now included, the Nasdaq CME Crypto Index comprises Bitcoin, Ethereum, Solana, XRP, Hyperliquid, Stellar, Cardano, Chainlink and Bitcoin Cash. The composition gives NCIQ exposure to a wide range of crypto networks and use cases.
NCIQ began trading in February 2025 with only Bitcoin and Ether. Hashdex has since expanded the portfolio through successive index reconstitutions, adding assets as they meet the index’s rules.
Commenting on the addition of HYPE, Hashdex CIO Samir Kerbage said NCIQ’s decision shows how the fund can adapt as the crypto market develops, giving investors systematic exposure to emerging ecosystems rather than requiring them to chase individual narratives.
“When we launched NCIQ in February 2025 with two assets, the whole point was that the portfolio would expand as the market matured. And that’s exactly what’s happening,” Kerbage stated. “Hyperliquid’s innovative approach to decentralized trading, combined with recent regulatory advances, has made its ecosystem an increasingly important part of crypto and financial markets — and HYPE’s inclusion in NCIQ reflects that maturity.”
HYPE has surged nearly 230% this year to around $83, outperforming many major crypto assets. Hyperliquid is meanwhile in talks with Kraken parent Payward over a potential US offering of selected perpetual futures through CFTC-regulated Bitnomial.
Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.
Silhouette spustila na mainnetu RFQ obchodování s tokenizovanými akciemi xStocks na Hyperliquidu. Každý podporovaný xStock tak má od prvního dne vlastní místo pro obchodování i bez order booku.
Through Silhouette’s RFQ, every supported xStock gets an execution venue from day one, even those without their own order books.
Silhouette, the universal block trading layer for Hyperliquid, today announced that its RFQ system is live on mainnet, launching with tokenized equities from xStocks – Payward’s tokenized equity framework – opening new opportunities for the asset class through its demand layer.
Now, traders request a quote on any supported xStock, receive competing quotes from onboarded market makers, and settle the winning trade onchain, at any hour and at size.
“Tokenized stocks keep arriving onchain, and most of them have nowhere to trade. Silhouette’s RFQ is the demand layer: market makers compete for every trade, settlement is onchain, and the assets that prove real flow graduate to their own HyperCore markets. Launching with xStocks means starting with the issuer that brought this asset class to Hyperliquid,” said Chandler De Kock, Founder of Silhouette.
An order book is how an asset with proven demand trades. When launched before that proof exists, books sit thin and risk becoming dead markets, and the promised growth of the asset class stalls with them.
Demand for a traditional asset at a broker does not automatically carry over to its tokenized version onchain; converting it takes tooling and a cost structure trading firms recognise. Silhouette’s RFQ does that conversion cheaply, asset by asset.
The launch comes as tokenized equities accelerate across the industry, with issuers converging on the most active onchain markets. On Hyperliquid, the two layers now work as one pipeline: Silhouette discovers demand, and HyperCore’s order books host the assets that prove it.
“Access to real markets shouldn’t stop when a broker’s desk closes for the night. Every tokenized equity we’ve brought onchain has been waiting for a venue that treats it like a real asset, not an experiment. Silhouette’s RFQ is that venue, and it’s the clearest signal yet that this asset class is ready to trade the way the rest of finance already does.” said Val Gui, General Manager at xStocks.
About Silhouette
Silhouette is the universal block trading layer for Hyperliquid. It separates trader identity, size and direction from execution to ensure traders can avoid the common problems of front-running, fading or copying public transactions. By adding this layer, Silhouette enables institutions to trade without moving the book. The result is better pricing and cleaner execution for the users and teams that move markets. Backed by Polychain Capital and RockawayX. silhouette.exchange
About xStocks
xStocks is the industry benchmark for tokenized real world assets, bringing publicly listed equities and other assets onchain through fully collateralized, 1:1-backed tokens. Powered by Payward’s digital asset infrastructure, xStocks places traditional assets on blockchain rails, expanding access to global capital markets with extended availability, global reach, and digital-native settlement. Starting with tokenized US equities, xStocks now spans markets across the US, Europe and Asia.
Designed for interoperability, xStocks move seamlessly between centralized exchanges, self-custodied wallets, and onchain applications, unlocking new utility across trading, collateralization, and decentralized finance. Since launching in June 2025, xStocks has grown to power billions of dollars in transaction volume across multiple blockchain ecosystems, anchoring a rapidly expanding global network shaping the future of tokenized markets.
World Liberty Financial a UltraYield spustily nový výnosový vault pro USD1, který spravuje Edge Capital a cílí na tržně neutrální výnosy bez směrového rizika. Objem USD1 v oběhu už přesáhl 4 miliardy USD.
USD1 Vault Goes Live With Institutional StrategyWorld Liberty Financial and UltraYield have joined forces to launch a new yield vault built around USD1, World Liberty Financial's dollar-pegged stablecoin, as the base asset. The vault is managed by Edge Capital and targets market-neutral returns across crypto markets, insulating investors from directional price risk.
USD1 is 100% backed by short-term US government treasuries, US dollar deposits, and other cash equivalents, with custody handled by BitGo. The stablecoin has surpassed $4 billion in circulation since its launch in March 2025, reflecting growing institutional appetite for the asset.
How the Strategy WorksThe vault employs basis trading and funding rate capture, operating across a mix of traditional finance, centralised finance, and decentralised finance venues. According to UltraYield, execution runs across three platforms: Binance, Bybit, and Hyperliquid. This multi-venue approach is designed to harvest persistent yield from funding rate differentials and price dislocations without taking on naked directional exposure.
The strategy is a market-neutral macro approach utilising DeFi protocols, with a core focus on market-making while hedged for directional risk, combined with opportunistic trades including funding rate basis trades, cross-chain arbitrage, and inverse funding rate trades.
Edge Capital is a crypto hedge fund and liquidity provider to early-stage protocols, with DeFi and CeFi trading expertise and a market-neutral approach, managing capital for institutional investors and leading crypto foundations since 2020. The firm currently oversees around $300 million in assets under management, according to UltraYield.
The pairing of a regulated, treasury-backed stablecoin with a market-neutral institutional strategy signals a broader push to bring structured yield products to DeFi, one that bridges the gap between traditional finance discipline and on-chain capital markets.
Sources:
World Liberty Financial: USD1 Launch Announcement (BusinessWire)
World Liberty Financial Launches USD1 on Canton Network (CFOtech)
Edge Capital Background (CoinDesk)
Strategy označila návrh MSCI na test způsobilosti pro zařazení do indexů za záminku k vyloučení firem s bitcoinovou treasury strategií a vyzvala k jeho stažení. Firma tvrdí, že její klasifikace „operating“ a „non-operating“ nemá oporu v US GAAP ani IFRS.
Strategy Inc. (NASDAQ:MSTR) on Monday called MSCI’s proposed index eligibility test a pretext to exclude Bitcoin treasury companies Tuesday, urging the index provider to withdraw it entirely.
What Strategy Is Actually Arguing?Strategy published a formal response to MSCI’s consultation, signed by Executive Chairman Michael Saylor and CEO Phong Le, calling the proposed non-operating company screen a repackaged version of MSCI’s own withdrawn 2025 proposal.
The language changed but the outcome is the same: digital asset treasury companies get excluded.
Strategy’s core objection is that MSCI’s “operating” and “non-operating” classifications have no basis in US GAAP, IFRS, or any recognized legal framework.
The company reports its Bitcoin (CRYPTO: BTC) treasury operations as a separate operating segment under US GAAP, consistent with discussions with SEC staff, and argues it does not trigger four of MSCI’s five flags as a result.
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Bitcoin-related expenses exceed 5% of total assets, and Bitcoin fair-value changes appear as operating expenses rather than non-operating asset changes.
Beyond the accounting argument, Strategy warned that injecting MSCI’s own policy judgments into index construction creates fiduciary concerns for institutions tracking its benchmarks and raises questions under EU benchmark rules and IOSCO transparency principles.
Who Gets Hit by the ProposalAs Benzinga reported in August, MSCI’s test flags companies whose core business assets fall below 50% of total assets, then applies five financial ratio screens. Failing four of the five results in index exclusion.
When MSCI ran simulations against May 2026 data, Strategy and Metaplanet (OTC:MTPLF) failed outright while SharpLink Gaming (NASDAQ:SBET) landed on a watchlist.
Strategy alone represents roughly 87% of the float-adjusted market value affected across the six identified companies.
Funds tracking MSCI’s Global Investable Market Indexes currently hold just 3.1% of Strategy’s basic shares outstanding, limiting the direct impact on the company. However, Strategy sees the precedent as a much bigger concern than the immediate effect.
What’s the Timeline for MSCI’s Decision?Where MSTR Stands Technically?MSTR pulls back to $129 in premarket Tuesday after closing up 4.42% at $132.94 Monday, easing off the $135 to $137 resistance zone that capped the prior rally.
The 100-day EMA at $122.83 is the nearest support on this dip, with a push back through $135 confirming continuation toward $150.
BlackRock znovu podpořil Bitcoin jako diverzifikátor portfolia: 2% alokace v modelu 60/40 zvýšila historický výnos na 11,8 % a Sharpe ratio na 0,96. Riziko přitom vzrostlo jen mírně.
BlackRock, the world’s largest asset manager, has reaffirmed Bitcoin’s role as a portfolio diversifier following a significant market correction. The firm published new research analyzing how Bitcoin’s volatility and risk-return profile affect diversified portfolios after Bitcoin’s value fell approximately 50% from its October 2025 high.
In its report, BlackRock evaluated the performance of traditional 60/40 equity and bond portfolios both with and without a Bitcoin allocation. Over a rolling 10-year period ending May 29, 2026, the classic 60/40 portfolio delivered an annualized return of 9.9% and annualized volatility of 10.1%. Adding 1% Bitcoin increased the annualized return to 10.9% and volatility to 10.3%. A 2% allocation raised the return to 11.8% with volatility at 10.6%.
The analysis indicated that a 2% Bitcoin allocation improved the Sharpe ratio from 0.81 to 0.96, while portfolio drawdown only changed marginally from -20.3% to -20.9%. BlackRock highlighted that the incremental risk from Bitcoin was modest compared to the return enhancement, challenging concerns around Bitcoin’s high standalone volatility.
Portfolio AllocationAnnualized ReturnAnnualized VolatilitySharpe RatioMaximum Drawdown60/40 (no BTC)9.9%10.1%0.81-20.3%60/39/1 (w/ 1% BTC)10.9%10.3%0.90-20.7%60/38/2 (w/ 2% BTC)11.8%10.6%0.96-20.9%BlackRock explained that Bitcoin’s risk and return traits are structurally different from other assets, stemming from its fixed supply and decentralized nature. These features, according to the research, cause Bitcoin’s correlations with traditional asset classes to be episodic rather than persistent.
Rationale behind the 1–2% allocation rangeBlackRock’s latest research echoes earlier findings, identifying a 1–2% allocation as a balanced range for investors capable of handling Bitcoin’s risk. The firm noted that at these levels, Bitcoin’s share of total portfolio risk is similar to that of a single mega-cap tech stock within a standard allocation. Exceeding 2% may increase risk disproportionately relative to return.
The improved Sharpe ratio with 1–2% Bitcoin suggests that the historical reward justified the additional volatility. Nevertheless, BlackRock clarified that these figures do not set 1–2% as an optimal or recommended exposure. Appropriate levels should be based on individual investment goals, liquidity needs, and risk preferences, rather than a single rule.
In BlackRock’s analysis, a small Bitcoin allocation enhanced historical returns without importing excessive risk, even after accounting for sharp market declines.
Institutional adoption and IBIT’s growthBlackRock’s practical experience also shapes its perspective. In January 2024, the company launched the iShares Bitcoin Trust (IBIT), an exchange-traded product providing spot Bitcoin exposure. Within one year, IBIT grew to over $50 billion in assets, making it the largest-ever ETF launch by that metric and reaching the milestone five times faster than the previous record holder.
By 2025, IBIT became BlackRock’s top revenue-generating ETF, standing out in a lineup of more than a thousand products. The fund now holds around 775,000 BTC, representing more than 60% of the Bitcoin managed within U.S. spot Bitcoin ETFs. In total, U.S. spot Bitcoin ETFs control about 1.25 million BTC, nearly 6% of Bitcoin’s fixed 21 million supply.
Mini dictionary: IBIT, the iShares Bitcoin Trust, is BlackRock’s spot Bitcoin ETF in the US, providing institutional and retail investors a regulated vehicle to gain direct exposure to Bitcoin’s price movements via traditional brokerage platforms.
Resilience of the investment thesis through volatilityBlackRock’s update comes as Bitcoin recovers from a steep drawdown attributed to deleveraging and weakening demand from institutional buyers and companies. Despite these headwinds, the firm described this downturn as a positioning correction rather than a structural weakness in Bitcoin’s investment proposition.
The report pointed to Bitcoin’s limited supply, global liquidity, and lack of sovereign control as qualities that could become increasingly relevant for long-term investors, especially given ongoing monetary and geopolitical uncertainties. However, BlackRock emphasized that neither past performance nor IBIT’s growth guarantee future results or recommend specific allocation targets.
Bitcoin is no longer evaluated solely as an unconventional asset but is increasingly reviewed with the rigorous standards of capital allocation applied across global portfolios, including risk contribution, correlation, drawdown, and expected return.
Guidance for corporate treasurers and boardsFor corporate treasurers, board members, and executives, BlackRock’s analysis may represent a shift in perspective. The research showed that even a small allocation could meaningfully affect historical returns without causing a similar surge in portfolio risk.
Rather than debating whether to fully embrace Bitcoin or avoid it, the firm suggests that disciplined, incremental exposures can be effectively managed as part of broader capital allocation strategies. Companies are encouraged to carefully define investment goals, assess risk tolerance, and periodically review underlying assumptions as conditions evolve.
Ripple se spojil se SettleMint, aby bankám v Asii a Tichomoří zjednodušil custody a tokenizaci digitálních aktiv. Zároveň XRP ETF zaznamenaly kumulativní čisté přílivy ve výši zhruba 1,8 miliardy USD.
Ripple teamed up with SettleMint Tuesday to simplify digital asset custody and tokenization for banks across Asia Pacific, as XRP (CRYPTO: XRP) ETF inflows hit $1.8 billion.
What the Ripple and SettleMint Partnership CoversAccording to a joint press release Tuesday, the partnership connects Ripple Custody with SettleMint’s Digital Asset Lifecycle Platform, giving banks and fintechs one system to issue, manage, and operate tokenized assets from start to finish.
Previously, institutions had to piece together separate vendors for custody, issuance, compliance, and servicing. Now all of that runs through a single integrated solution.
“This partnership gives them the foundation to roll out digital assets and future-proof them from there,” said Fiona Murray, Ripple’s Managing Director for Asia Pacific.
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The two companies have already started offering the combined solution in Asia and plan to expand to other markets as demand grows.
The partnership arrives as a Boston Consulting Group report from May 2026 projected tokenized real-world assets could reach $88 trillion by 2035, warning that banks failing to adapt face a potential 30% profit reduction over the same period.
Why XRP ETF Flows Are Drawing AttentionBloomberg ETF analyst James Seyffart posted on X Tuesday that XRP ETF flows have been “surprisingly resilient,” with money mostly moving in one direction since launch and cumulative net inflows now sitting at approximately $1.8 billion.
He called the performance particularly impressive given XRP’s price action over the same stretch.
Meanwhile, institutional ownership is building alongside the flow momentum, with Goldman Sachs leading all holders at roughly $87.45 million in XRP ETF exposure, a position that grew by more than 83 million XRP last quarter.
Jane Street Group and Millennium Management follow at approximately $16.6 million and $16.2 million respectively.
XRP Price Prediction: Breakout Levels and TargetsRead Next
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Rusko od 1. září povolilo kryptoměny pro přeshraniční obchodní vypořádání a umožnilo jejich nákup a prodej přes regulované zprostředkovatele. Domácí platby kryptem ale dál zůstávají zakázané.
Russia’s new cryptocurrency regulations officially took effect on September 1, establishing a formal legal framework for digital assets while enabling their use in international trade settlements. Authorities now permit Russian investors to buy and sell cryptocurrencies through regulated intermediaries, and allow exporters and importers to settle cross-border transactions with digital assets.
Digital assets in Russia’s international tradeRussian exporters and importers are now authorized to use cryptocurrencies as part of foreign trade transactions, giving digital assets a legitimate role in payments involving international counterparties. While these rules expand opportunities for digital asset settlement, domestic payments within Russia using cryptocurrency remain prohibited under the new law.
The Bank of Russia has indicated that cryptocurrencies can serve as instruments for cross-border transactions, but the framework does not specifically reference XRP, Ripple, or the XRP Ledger. There has been no official announcement or evidence that Russian authorities or companies have chosen XRP for settlement purposes. Nevertheless, the Bank of Russia’s acknowledgment means that XRP could theoretically be used if counterparties involved in cross-border trades opt for it.
The regulatory framework grants Russian exporters and importers the legal foundation to use cryptocurrencies for settlements with foreign partners, introducing a wider array of options for cross-border payments.
Structure of Russia’s new cryptocurrency marketThe new regime provides a clearer structure for accessing digital assets. Qualified investors are allowed to buy and sell cryptocurrencies via regulated intermediaries, such as exchanges, brokers, and asset managers. In contrast, non-qualified investors face stricter support limits and must meet additional requirements before participating.
Infrastructure supporting these activities—including exchanges, brokerage platforms, and asset management firms—will also be held to compliance and licensing standards set by the regulation. The law allows a transition period for current market participants to secure appropriate licenses and fulfill the new requirements.
XRP’s position in Russia’s financial ecosystemAlthough XRP is not mentioned in the new regulations, it holds a visible position in the Russian market through regulated derivatives. The Moscow Exchange, the country’s leading securities trading platform, introduced XRP-linked futures earlier this year. These products sit alongside other derivatives tracking the performance of Bitcoin, Ethereum, Solana, and additional cryptocurrencies.
Unlike spot cryptocurrency purchases, these futures contracts do not involve direct ownership of XRP; rather, they allow investors to gain exposure to price movements tied to XRP through regulated instruments.
The listing of XRP-linked futures offers the asset a degree of visibility within Russia’s traditional financial infrastructure, even before the expanded digital asset regime went into effect.
This market presence differentiates XRP from cryptocurrencies with no regulated exposure in Russia. The asset’s original design as a bridge for international settlement may gain additional relevance now that Russian law permits cryptocurrencies in foreign trade.
Ripple, the US-based fintech firm behind XRP, has promoted the token as an efficient solution for transferring value between currencies, without the need for banks and institutions to maintain large reserves in multiple markets.
Although Russia’s new legal framework could potentially enable this use case for XRP, there is no current evidence that banks, exporters, or government agencies in the country intend to deploy the token under the updated rules. Any moves toward adoption will ultimately depend on the decisions of Russian companies, financial institutions, and their international counterparts.
There is no indication that the Russian legal changes amount to an official adoption of XRP, but the regulatory shift increases the number of occasions when cryptocurrencies may legally be used for cross-border payments.
For XRP, the introduction of Russia’s new framework sets the stage for possible increased relevance in international settlement, but actual adoption will depend on the choices of market participants.
The Sentora-incubated cover protocol already holds $76 million in staked XRP on Flare. Its first cover integrations go live this month, into a market where onchain protection covers about 0.1% of DeFi.
Firelight, a cover protocol that uses staked XRP to backstop DeFi vaults against exploits, has raised $8 million in a seed round led by Gumi Cryptos Capital, with its first cover integrations scheduled to go live this month.
Onchain cover has stayed marginal relative to the capital it would protect. DefiLlama tracks $123.7 million across 27 insurance protocols against $88.3 billion in total DeFi value locked, or about 0.14%, and Nexus Mutual alone accounts for roughly 88% of that capital. Firelight’s structure separates the two: the capital backing cover is staked XRP, which does not sit inside the protocols being covered.
Maven 11, Metalayer, Joint Effects and Tribe Capital also took part in the round. Firelight has been live on Flare since December in a bootstrapping phase that takes deposits without cover attached, and holds $76 million, according to DefiLlama, up 20% over the past 30 days. That makes it the largest protocol on Flare, which has $133 million in total value locked across 39 protocols. Deposits are capped at 65 million FXRP.
“Protocol cover and capital protection remain among the biggest blockers to institutional adoption of DeFi,” Anthony DeMartino, co-founder and chief executive of Firelight, said in a statement. “Institutions need confidence that they can deploy capital onchain with credible protection against smart contract and economic risk.”
XRP as the Balance SheetStakers deposit XRP, which is bridged to Flare as FXRP through the network’s FAssets system, and receive stXRP, a liquid staking token. That pool is the capital that pays cover claims. Firelight says it will add BTC and XLM as backing assets.
When stXRP launched in December, it carried no rewards and no cover product behind it. Premiums from the vaults and protocols buying protection are what pay stakers, so the September launch is what makes the position yield-bearing.
Stakers Absorb the LossesFirelight’s documentation states that staked capital is slashed when a validated claim exhausts a first-loss buffer, applied pro rata across all staking positions, with the amount fixed at the moment the slash instruction is generated. The protocol also states plainly that “Firelight Coverage is not insurance” and that buying it does not create an insurance contract.
Claims are assessed by a consortium of five outside firms — GFX Labs, Hypernative, Credora, Native and Cyfrin — which validate incidents against published coverage criteria using onchain attestation. That splits adjudication from the capital, which in most onchain cover sits with the same entity that decides whether to pay. Nexus Mutual told cover holders in 2021 that the $120 million BadgerDAO exploit would fall outside its terms if it was confirmed as a frontend attack, because the protocol’s smart contracts were untouched.
Covered events include smart contract exploits, reentrancy failures, oracle manipulation, governance attacks and bad debt. Pricing is set by monitoring risk components in real time rather than at policy inception. Firelight has been audited by OpenZeppelin and Coinspect and runs a bug bounty through Immunefi.
Second Date for LaunchFirelight and Sentora announced in a joint post that native cover for Sentora’s public and private vaults would launch in the second quarter of 2026. That has moved to September. Sentora, formed last year from the merger of IntoTheBlock and Trident Digital, curates DeFi vaults for Kraken and EtherFi and says it has deployed more than $3 billion.
DeMartino is chief executive of both Sentora and Firelight. He ran risk strategies at Coinbase and traded at HSBC, Barclays and UBS before that. Jesus Rodriguez, who co-founded Sentora and whose AI startup NeuralFabric was acquired by Cisco last year, is Firelight’s chief technology officer while remaining in his Sentora role. Chief Strategy Officer Connor Sullivan joined from Fireblocks, after underwriting reinsurance at TransRe.
XRP traded at $1.38 on Tuesday, down 6.7% over the past week, according to CoinGecko.
Americké spotové ETF na Ethereum zaznamenaly čistý příliv 87,68 milionu USD a sérii přílivů prodloužily na 11 dní. Nejvíc přidal BlackRock ETHA s 59,94 milionu USD.
Ethereum spot ETFs traded in the US continued to attract investor interest. According to SoSoValue data, a total net capital inflow of $87.68 million was recorded in Ethereum spot ETFs on August 31st, extending the net inflow streak to 11 days.
The largest daily capital inflow was recorded in BlackRock’s Ethereum spot ETF, ETHA. According to the data, ETHA achieved a net inflow of $59.94 million on that trading day. With this figure, the total net capital inflow accumulated since the fund’s launch reached $12.797 billion.
Grayscale’s Ethereum Mini Trust ETF ranked second in net inflows. The product saw net inflows of $13.50 million, bringing its historical total net inflow to $1.924 billion.
The total size of the Ethereum spot ETF market has also reached remarkable levels. According to the data, the total net asset value of Ethereum spot ETFs in the US is recorded at $15.614 billion. The net asset ratio, which shows the ratio of these products to Ethereum’s total market capitalization, is at 5.23 percent.
Ethereum spot ETFs have recorded a total net capital inflow of $13.062 billion since their inception. The uninterrupted net inflow over the past 11 trading days demonstrates continued interest in Ethereum from institutional and traditional finance investors.
BlackRock’s ETHA product continues to stand out in terms of daily and cumulative capital inflows. Total inflows exceeding $12.7 billion highlight its position as one of the leading Ethereum investment tools experiencing strong institutional demand.
ETF inflows in the market are among the closely watched indicators regarding the direction of the Ethereum price. While a sustained series of net inflows is seen as potentially supporting demand in the spot markets, investors will be monitoring capital movements towards funds in the coming days.
*This is not investment advice.
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MyDoge ukončí podporu pro Doginals a DRC-20 17. září 2026 po vypnutí Dogecoin API od Maestro 18. září 2026. DOGE ani běžné transakce tím dotčeny nejsou.
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Dogecoin wallet MyDoge has made a key announcement regarding Doginals and DRC-20 support on the platform in a recent X post. Doginals are digital items inscribed on the Dogecoin blockchain, acting as the Dogecoin version of Bitcoin Ordinals-style inscriptions.
The notice follows Maestro, the third-party infrastructure provider used by MyDoge for Doginals and DRC-20 support, announcing the shutdown of its Dogecoin API services, which will occur on September 18, 2026. As a result, MyDoge stated it will suspend support for Doginals and DRC-20 assets on September 17, 2026.
Noting the recent development as an 'unexpected and inconvenient change' for asset holders, MyDoge stated a clear goal to provide users with clear guidance well before support ends.
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🚨 Important notice regarding Doginals and DRC-20 support in MyDoge.
Maestro, the third-party infrastructure provider used by MyDoge for Doginals and DRC-20 support, has announced the shutdown of its Dogecoin API services on September 18, 2026. As a result, MyDoge will suspend…
— MyDoge (@MyDoge) August 31, 2026 In particular, holders of Doginals or DRC-20 assets in MyDoge are urged to migrate those specific assets before September 17, 2026.
Regular DOGE unaffectedThe Dogecoin wallet noted that this advisory does not concern DOGE, as users do not need to move their DOGE or other supported assets out of MyDoge. This change applies only to Doginals and DRC-20s. DOGE support and standard Dogecoin transactions will continue as normal, with significant new MyDoge features and updates planned.
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It should, however, be borne in mind that MyDoge wallet dropping Doginals/DRC-20 support does not delete them onchain.
MyDoge noted this in its X post, saying that affected Doginals and DRC-20 assets remain associated with user addresses onchain, but after September 17, MyDoge will no longer have the infrastructure required to display or send them. Hence, affected users should move their assets to compatible wallets before the deadline, as they may not be able to access or recover them through MyDoge after support ends on September 17.
Migration safety tips sharedWith just 16 days left before the September 17 deadline, MyDoge shared safety tips on asset migration.
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Affected users are urged to use official links, verify support for their specific assets, and consider sending a small test transaction before transferring the full balance.
They should also be especially cautious of unsolicited messages, links, accounts offering migration assistance, or anyone asking for their seed phrase or private keys, as MyDoge will never ask for such personal details.
MyDoge stated it is reviewing possible paths for supporting Doginals and DRC-20s again in the future, but currently there is no confirmed replacement or timeline, with users urged to treat September 17 as the deadline and migrate affected assets before then.
Zcash’s privacy features just got a significant security upgrade. Vizorwallet has confirmed that it successfully signed a shielded ZEC transaction on a Ledger hardware wallet, marking a milestone for users who want both privacy and cold storage protection for their Zcash holdings.
For years, Ledger’s Zcash support was limited to transparent transactions, essentially treating ZEC like any other public-ledger coin. Now, with a dedicated “Zcash Shielded” app available on select Ledger devices, users can finally keep their private keys offline while still taking advantage of Zcash’s shielded transaction capabilities.
How the integration actually works Rather than building shielded functionality directly into its native Ledger Live interface, the company released a standalone “Zcash Shielded” app that works in combination with compatible third-party wallets.
The Ledger device holds your private keys and handles the signing. A companion wallet, such as Zkool or Vizor, manages the shielded accounts and constructs the transactions. The Ledger never exposes your keys, while the companion wallet never has full custody.
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The shielded app is currently supported on the Nano S Plus, Stax, and Flex devices. Notably absent from that list: the Nano X and Gen5 models, which don’t support the app as of the latest available information.
This architecture supports Zcash’s Orchard and Sapling shielded protocols, the cryptographic frameworks that make private transactions possible on the network.
Vizor’s role in the privacy puzzle Vizorwallet, built by the team behind the popular Keplr wallet, was designed from the ground up with privacy as the default setting. Unlike many Zcash wallets that default to transparent transactions and treat shielding as an opt-in feature, Vizor flips that assumption.
The self-custodial wallet offers multi-account support and has already integrated with Keystone hardware wallets. But Ledger compatibility had been a sticking point, with earlier constraints preventing the signing of shielded ZEC transactions on Ledger devices.
The successful signing of a shielded transaction on a Ledger, announced by Vizorwallet, suggests the technical integration between the two platforms has reached a functional state. This gives Vizor users a second hardware wallet option for securing their shielded ZEC, alongside the existing Keystone support.
Zkool Wallet has also served as a primary companion app for managing shielded accounts on Ledger devices, with comprehensive guides available for users navigating the setup process.
Why shielded transactions matter Zcash offers both transparent transactions, which work just like Bitcoin, and shielded transactions, which use zero-knowledge proofs to encrypt transaction details while still allowing the network to verify their validity.
Approximately 26% of ZEC’s total supply currently sits in shielded pools, suggesting a meaningful and growing portion of the user base actively values the privacy features that differentiate Zcash from other assets.
The Ironwood update, also known as NU6.3, brought enhancements that improved the protocols underlying shielded transactions. Prior to updates rolled out around September 2025, Ledger’s Zcash capabilities were restricted to transparent transactions, with only limited deshielding support added later.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
UNI vzrostl téměř o 10 % po rekordním objemu obchodů na Robinhood Chain, kde Uniswap zachytil 76 % z denního objemu 1,49 miliardy USD. Za deset dní také spálil přes 300 000 USD v UNI.
Uniswap price rose nearly 10% on September 1, reaching $5.68, significantly outperforming a flat-to-down broader market, primarily driven by a surge in real utility from Robinhood Chain’s explosive DEX volume. The move lifted UNI’s weekly gain near 35%, while its market capitalization approached $3.57 billion.
UNI’s 24-hour trading volume exceeded $599 million, confirming that the price increase arrived with substantial market participation. Bitcoin price slipped 0.6% near $78,031, while Ethereum added 0.44% to trade around $2,451. XRP declined about 0.7% near $1.38, highlighting UNI’s sharp relative strength during a mixed market session.
Why is Uniswap Price Up Today? Uniswap price surged due to record trading activity on Robinhood Chain, where the protocol captured most decentralized exchange volume.
Chain Robinhood had 1.49 billion in daily DEX volume, out of which Uniswap managed 76 percent.
The announcement raised the bar of expectations on higher protocol fees and solidified the token-burn story that Uniswap is building.
The volume of DEXes had hit a record high on August 30, with network activity nearing records.
Uniswap v4 added to the session by adding $432 million, and v3 added another 357 million.
Daily transactions also hit a record high of 5.52 million, indicating that it has wider demand throughout the network.
DEX daily volume About six weeks later, Uniswap helped to execute approximately 1.5 billion tokenized stock trades on Robinhood Chain. That growth provides the protocol with increasing access to 24/7 markets of tokenized traditional assets.
UNI on Robinhood Chain The Uniswap v4 also collected a record 25 million weekly fees, including 21M in fees by Robinhood Chain.
Ether also contributed 1.5 million, with Base contributing 1.3 million within the same time.
More than 60% of weekly real-world asset DEX volume passed through Uniswap, rising from 40% previously. The growth of Robinhood Chain is perhaps the most evident trigger that has helped UNI to progress.
Higher Fees Support UNI Burns Increasing trading activity is important as Uniswap now connects protocol revenue to repeat UNI purchases and burns. In July, governance was enabled on Robinhood Chain which is a system already running on multiple networks.
Fees are deposited to the TokenJar contracts prior to searchers taking them by offering UNI in order to be permanently removed out of circulation. This design transforms expansion of trading into less token supply, which makes UNI have a more distinct economic relationship to protocol usage.
Uniswap is quietly burning $UNI.
Trong 10 ngày qua, Uniswap đã hủy hơn $300K giá trị $UNI.
Theo Messari, tổng lượng UNI bị hủy hiện tương đương khoảng $160M.$UNI +19.26% trong lúc câu chuyện burn lại được chú ý. 👀
Uniswap burned over $300,000 worth of UNI in ten days, lifting total burns near $160 million. The investor reinvestment in UNI rose by 19.26% as investors reviewed the long-term tokenomics of the mechanism on future supply.
These numbers enhanced anticipations that would carry on the Robinhood activity that could facilitate additional supply cuts.
Can Uniswap Price Rally Continue? UNI price trades around $5.75 after a four-hour extension of its recovery to the significant $6.00 resistance area.
The four-hour RSI is 76, which means that the UNI is overbought after the latest rise.
Source: TradingView The MACD is also bullish at 0.276 and it is above its signal line of 0.219. Meanwhile, the positive 0.057 histogram indicates that there is still an active upward momentum.
The immediate support is at $5.50, then $5.20, and the psychological $ 5.00 level. An established high of over $6.00 may push up to $6.50 until the future Uniswap outlook breaks through the big resistance of $7.00.
Solana AMM Aquifer přišel při exploitu zhruba o 2,5 milionu USD a nabízí útočníkovi 20% bounty za vrácení většiny prostředků. Podle projektu šlo o kompromitované peněženky na Solaně i Ethereu.
Solana-based automated market maker Aquifer has lost roughly $2.5 million in an exploit involving wallets on Solana and Ethereum, with the protocol offering the attacker a 20% bounty for returning most of the funds.
Summary
Solana based AMM Aquifer lost roughly $2.5 million in an exploit involving attacker addresses on Solana and Ethereum. Aquifer offered the attacker a 20% whitehat bounty if at least 80% of the assets are returned by Sept. 3. The exact point of compromise remains unclear, with no technical post mortem yet establishing how access to the affected wallets was obtained. Available information has not established that Aquifer’s smart contracts were exploited, leaving compromised wallet access as the main focus of the incident so far. Blockchain security monitoring service Defimon reported the attack on Aug. 31, identifying separate Solana and Ethereum addresses controlled by the suspected exploiter. Aquifer later sent an on-chain whitehat offer seeking the return of at least 80% of the assets linked to the incident.
The offer gives the attacker until Sept. 3 at 14:00 UTC to transfer the assets, or their equivalent value, to recovery addresses provided by Aquifer. The person controlling the wallets may retain up to 20% of the funds as a whitehat bounty if the conditions are met.
Aquifer said it would not pursue civil claims arising from the exploit if the attacker complies with the terms, subject to applicable law. The agreement would not bind law enforcement agencies, regulators, sanctions authorities or other government bodies.
Aquifer exploit involves wallets on two chains Aquifer operates as a proprietary automated market maker on Solana, where its liquidity is used to facilitate token swaps. DefiLlama describes the protocol as a prop AMM and currently lists its total value locked at around $2.8 million.
The addresses identified after the exploit show activity spanning Solana and Ethereum. Defimon linked the Solana address 7fTe9pvrwXJRBHq9MaSyVPR4PgEuhqLiA93Dxf4gRk7J and Ethereum address 0x2Dfe9e969796e2797278b02761dd9Ad6aE922746 to the attacker.
Aquifer’s whitehat message was authorized through the protocol’s Solana upgrade authority and published on-chain. The project supplied separate recovery addresses for Solana and Ethereum, allowing assets associated with the attack to be returned on either network.
Public information has not yet established exactly how the wallets were compromised. No technical post-mortem has been released explaining whether private keys, administrator credentials or another part of Aquifer’s operational infrastructure was exposed.
Available information similarly does not establish that Aquifer’s smart contract code was exploited. The use of addresses across Ethereum and Solana provides a trail for investigators tracking the assets, but does not by itself identify how access to the affected funds was obtained.
The incident follows several Solana-related attacks this year where the point of compromise was outside the underlying blockchain.
Solana protocols have faced different attack methods In June, crypto.news previously reported that five legacy liquidity pools belonging to Raydium lost roughly $1.3 million after an attacker targeted retired AMM infrastructure.
On-chain investigator Specter said the Raydium attacker used a fake mint address to bypass validation checks in an older AMM program. The stolen assets included roughly 150,177 RAY, 5,603 SOL and 893,700 USDC.
Raydium said its active pools and current users were unaffected because the vulnerable infrastructure had already been phased out. The protocol committed to reimbursing the affected assets from its treasury.
A separate July incident involving Across Protocol produced losses of less than $4 million after an attacker fabricated Solana deposit events. The attacker created 1,627 fake deposits with a combined stated value of $41.7 million and requested payouts across 18 destination chains.
Risk Labs’ relayer processed 581 of the fraudulent requests before Solana operations were suspended, advancing approximately $4.5 million of its own capital. Around $500,000 belonging to the attacker remained trapped, bringing the net loss below $4 million.
Across later said the Solana attack stemmed from a flaw in Risk Labs’ off-chain event-reading software and not a vulnerability in its smart contracts or the Solana network. Legitimate user transfers were completed or refunded.
Operational security failures have produced losses elsewhere without attackers needing to exploit smart contract logic.
Wallet access has become a major attack route Stablecoin payments company Triple-A confirmed in July that unauthorized access to its treasury wallets resulted in the theft of company-owned digital assets. On-chain researchers initially tracked suspicious withdrawals across Ethereum, Solana, TRON and TON, with some reports identifying activity on Polygon and Arbitrum.
Triple-A later said client funds remained unaffected because customer assets were segregated from the compromised treasury infrastructure. Researchers had estimated the loss at roughly $11.8 million before the company confirmed the breach.
The company did not disclose whether the attacker obtained private keys, credentials or another form of access. Triple-A said cybersecurity specialists and Singapore police were working on the investigation and asset tracing.
Private key and wallet compromises have accounted for a substantial portion of crypto thefts in 2026. CertiK reported in July that digital asset losses reached $1.32 billion during the first half of the year, down 46.8% from the same period in 2025.
Despite the lower total, the security firm said wallet compromises became the largest attack method during the second quarter, replacing phishing as the main source of losses.
Another Solana project, Step Finance, ultimately shut down its operations after an attack earlier this year targeted devices used by members of its executive team. Attackers gained access to treasury and fee wallets and moved approximately 261,854 SOL, while later estimates placed total losses across affected assets near $40 million.
Investigators determined that Step Finance’s smart contracts were not the point of entry. Compromised endpoints allowed the attackers to access wallets used by the project, and the financial damage later contributed to the decision to wind down the platform.
A similar distinction will depend on Aquifer publishing more details about its own breach. The protocol has not released a post-mortem identifying the initial point of access, the specific credentials involved or whether one compromised account provided control over multiple wallets.
For now, Aquifer’s recovery process centers on its whitehat proposal. The attacker has been offered the right to retain up to 20% of the assets associated with the exploit if at least 80% is returned to the designated recovery addresses by Sept. 3 at 14:00 UTC.
GMTrade spustil na Solaně 24/7 perpetual futures na komodity včetně zlata (XUG), stříbra (XAG) a ropy WTI. Ceny pohání Chainlink Data Streams v reálném čase.
Traditional commodity markets close. Gold doesn’t care. Neither does oil. Yet for decades, traders have been locked out of positions during evenings, weekends, and holidays while prices kept moving without them.
GMTrade, the Solana-native perpetuals exchange that has quietly become one of the chain’s largest trading venues, just removed that constraint entirely. The platform launched 24/7 perpetual futures trading for commodities including gold (XUG), silver (XAG), and WTI crude oil, powered by Chainlink Data Streams for real-time pricing.
From GMX fork to Solana heavyweight GMTrade’s backstory matters for understanding why this launch is significant. The platform started life as a GMX DAO-authorized deployment on Solana back in March 2025, rebranding to GMTrade in November 2025 while maintaining the underlying GMX V2 mechanics tailored for Solana’s efficient parallel execution.
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Since then, the growth trajectory has been steep. GMTrade has facilitated over $142B in total trading volume. At its peak in May 2026, the platform recorded $51.73B in 30-day trading volume, representing approximately 74% of all perpetual DEX volume on Solana during the same period.
The platform currently supports more than 60 markets with leverage options stretching up to 500x.
Why Chainlink Data Streams matter here Running perpetual futures for crypto assets is one thing. The prices originate on-chain, the reference data is abundant, and latency tolerance is relatively forgiving. Commodities are a different beast.
Gold, silver, and oil prices are determined across dozens of global exchanges, OTC desks, and physical markets that operate on different schedules and in different time zones. To offer 24/7 trading on these assets, you need a pricing oracle that can deliver high-integrity, low-latency data even when the underlying spot markets are closed or thinly traded.
That’s where Chainlink Data Streams come in. Rather than relying on periodic price updates pushed on-chain, Data Streams provide pull-based oracle infrastructure. The exchange requests fresh price data exactly when it’s needed, at the moment a trade executes. This reduces the window for stale pricing and front-running, two problems that have historically plagued on-chain derivatives platforms.
The bigger picture: real-world assets meet DeFi leverage These aren’t tokenized commodities in the traditional sense. These are synthetic perpetual contracts, financial instruments that track the price of an underlying asset without requiring ownership of it.
GMTrade operates without a dedicated governance or utility token. Instead, the platform uses a GT points system to reward active traders.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Solana just had its busiest month ever. The network processed 5.2 billion non-vote transactions in August, a figure that would have seemed wildly optimistic at the start of the year and now just looks like Tuesday.
Non-vote transactions are the ones that actually matter for measuring real usage. Validator votes, which keep the network in consensus, get stripped out of this count. What remains is a direct read on how many users, apps, and protocols are actively doing things on the chain.
What drove the numbers The catalyst was the SIMD-0286 upgrade, activated on July 29. It raised the maximum compute limit per block from 60 million to 100 million compute units, a 66% increase, without adding any time to block production.
The practical effect showed up immediately. Daily non-vote transactions peaked at 171.9 million on August 10, pushing throughput close to 2,000 transactions per second. The week of August 17-23 alone accounted for 1.318 billion non-vote transactions, the fourth consecutive week above the 1 billion mark.
For context, July finished with 4.2 billion non-vote transactions, itself up 91% from December 2025.
The network also activated 300-millisecond slot times in epoch 1024 on August 28, compressing the time between blocks and opening the door to even higher throughput ceilings.
DeFi activity contributed meaningfully, with daily volume frequently running between $4 billion and $8 billion. Memecoins and tokenized real-world assets added further transaction density.
Institutions are paying attention US spot Solana ETFs pulled in $1.34 billion in August alone.
SOL’s price climbed 46% during the month, its first positive monthly return in ten months.
Fee revenue also moved. The seven-day average reached approximately 9,200 SOL by late August, an 80% increase over three months.
On the governance side, the SGP-0002 proposal passed on August 28 with over 67% support. The measure reduces the SOL supply by 18.9 million tokens over six years by redirecting a portion of inflation.
What this means for Solana’s competitive position Solana has spent the better part of two years working to outlive the narrative that it is unreliable. Outages in 2021 and 2022 gave critics a durable talking point, and the FTX collapse in late 2022 added association risk that had nothing to do with the protocol itself.
The SIMD-0286 upgrade and the slot time compression suggest the network is now competing on architectural sophistication, not just speed and price. Higher compute limits per block allow more complex transactions, which is the territory where serious DeFi protocols and institutional applications live.
The risks are real and worth naming. Transaction volume driven partly by speculative assets is not the same as transaction volume driven by settled, productive economic activity. If memecoin trading volumes contract, the raw numbers will follow. And any network outage, however brief, would hand critics exactly the narrative they have been waiting to revive.
Fee revenue growth and sustained ETF inflows will be the metrics to watch in September. If non-vote transactions hold above 4 billion for a third consecutive month and fees continue trending upward, the August record starts to look less like a spike and more like a new baseline.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Securitizeův tokenizovaný high-yield fond HINC je nyní na Loopscale na Solaně použitelný jako zástava pro půjčky v USDG. Jde o první takový kreditní fond na tomto onchain lending trhu.
Eligible investors can now borrow USDG against a fund holding high-yield corporate bonds and CLO tranches, collateral whose value moves daily with credit spreads.
Securitize's tokenized high-yield credit fund is live as collateral on Loopscale, letting eligible investors borrow the USDG stablecoin against their shares without redeeming the position.
That puts sub-investment-grade corporate credit into an onchain lending market whose collateral has been almost entirely Treasuries, government money-market funds and investment-grade paper. The fund's net asset value moves with credit spreads and rating migrations, which means Loopscale is underwriting a mark that can fall — on an asset only allowlisted wallets are permitted to hold.
The Neuberger Securitize High Income Tokenized Fund, ticker HINC, launched Aug. 18 on Avalanche, Ethereum, Solana and Sui. It holds mostly high-yield corporate bonds, with the balance in CLO tranches, bank loans and other high-yielding fixed income; the CLO sleeve can run anywhere from zero to 30% of the portfolio. Neuberger Berman Investment Advisers is sub-adviser, and the firm managed $613 billion as of June 30. Minimum subscription is $100,000, the total expense ratio is 0.60% a year, and shares go only to accredited investors and qualified purchasers who clear Securitize's onboarding.
"Treasuries were a natural starting point for bringing traditional assets into DeFi, but they shouldn't be the endpoint," said Carlos Domingo, co-founder and CEO of Securitize. "HINC expands the opportunity into institutional credit."
Third Asset on LoopscaleHINC is the third Securitize product to reach the protocol. Apollo's tokenized credit fund ACRED has been usable as collateral there since late 2025, with USDG subscriptions added in January, and Securitize's own NYSE-listed stock SECZ went live as collateral on Aug. 20.
Loopscale holds $91.3 million in total value locked and $55.9 million in active loans, up 7.1% over 30 days and ranked 27th among lending protocols by DefiLlama. On Solana it sits an order of magnitude behind Kamino Lend at $1.25 billion and Jupiter Lend at $1.07 billion. It was exploited for $5.8 million in April 2025, two weeks after its own launch, and got the funds back after agreeing a bounty with the attacker.
Its markets are fixed-rate and fixed-term, with the borrower setting collateral, rate, loan-to-value and duration. Liquidations are partial: the protocol sells enough of a position to bring the loan back to health and leaves the rest.
"HINC adds a fundamentally different type of collateral to Solana credit markets," said Mary Gooneratne, co-founder of Loopscale. "Supporting an actively managed high-yield strategy demonstrates how onchain lending can extend beyond crypto-native assets and short-duration instruments."
Daily NAV, One SourceRedStone prices HINC on Solana, Ethereum and Avalanche using its Trusted Single Source Oracle standard, which takes the administrator's daily NAV and publishes it onchain in signed, timestamped, chained form so a protocol can verify the figure came from the administrator unaltered. Loopscale uses that feed to value the collateral and trigger clearing events.
"Bringing more complex financial assets into onchain lending markets requires dependable valuation infrastructure," said Marcin Kaźmierczak, co-founder and COO of RedStone.
The design question a NAV-priced credit fund poses is the opposite of the one crypto collateral poses. There is no intraday gap risk, because NAV is struck once each business day. What the market needs instead is a guarantee that a position can be unwound within a bounded number of business days at or near the published mark.
USDG's Solana FloatThe borrowable side is USDG, issued by Paxos Digital Singapore under Monetary Authority of Singapore regulation and distributed through the Global Dollar Network. Supply stands at $3.26 billion, of which $610.7 million sits on Solana, down 6.1% over the past month. Securitize, a member of the network, has enabled on- and off-ramping between HINC and USDG.
"Stablecoins provide an important liquidity layer for tokenized real world assets," said Peter Jonas, chief revenue officer at Paxos.
Treasuries Sit IdleSecuritize's argument that tokenized assets are barely used as DeFi collateral holds up, with a wrinkle. Tokenized real-world assets excluding stablecoins carry about $34.1 billion in onchain market value across 217 issuers, and $3.8 billion of that is active in DeFi, according to DefiLlama, or roughly 11%.
The idle share sits overwhelmingly in the Treasury products. BlackRock's BUIDL, the largest tokenized money-market fund at $2.79 billion, has $17.7 million deployed in DeFi, a utilization rate of 0.63%. Franklin Templeton's BENJI and iBENJI show zero. Credit is where the collateral demand already is: Centrifuge's Janus Henderson Anemoy AAA CLO Fund, the tokenized CLO strategy Resolv looped on Aave Horizon in February, runs at 97.8% utilization, Maple's syrupUSDT at 88.3% and Hastra's PRIME at 62.7%.
The March 2020 NumberSecuritize published HINC's risk figures itself, in a governance filing submitted to Aave on Aug. 18. Using an illustrative index blend of 70% ICE BofA US High Yield Constrained and 30% J.P. Morgan CLOIE Post-BB run from July 2016 to July 2026, the strategy returned 7.21% annualized, lost 18.25% in its worst month of March 2020, and fell 8.97% in calendar 2022 with a 13.20% drawdown inside that year. An instantaneous 200 basis-point widening in spreads takes roughly 7% to 9% off NAV; 400 basis points takes 14% to 18%.
The strategy is short interest-rate duration but carries three-and-a-half to four-and-a-half years of spread duration. "This is not a low-volatility asset," Securitize wrote, and the March 2020 figure "should be treated as the governing stress case."
The fund has no operating history. Investors face a 24-hour lock-up and daily redemption requests against a portfolio that can take days to sell, and Securitize said plainly that "the 24-hour lock-up does not reflect practical liquidity." The CLO sleeve carries structural leverage of roughly six to eight times at the BB level.
Still Pending at AaveThat filing asked Aave Horizon to accept HINC on Ethereum as supply-only collateral, with USDC, GHO and RLUSD borrowable against it. Two weeks on, it had not reached a Snapshot vote or drawn a published risk assessment. It still needs a technical assessment, a LlamaRisk review, evidence that liquidators have been onboarded, a vote and a final Aave Improvement Proposal.
A forum comment posted Aug. 30 questioned whether the proposed liquidation backstop of 3% to 5% of borrowed TVL covers a four-business-day stress window, flagged inconsistent naming of the oracle provider, and pressed on who compensates stablecoin suppliers when a legally frozen position cannot be liquidated but keeps accruing debt.
On the oracle point, Securitize's Aave filing names a Chainlink NAV feed wrapped in LlamaGuard dynamic bounds as the primary source for Ethereum, while listing RedStone among external dependencies. Loopscale's markets are configured per collateral without a token-holder vote, which is why the Solana venue is live first.
The $270 Billion CaseSecuritize's announcement leans on a Standard Chartered projection that assets deployed in DeFi reach $2.7 trillion by 2030, and reasons that tokenized assets at 10% of that market would put roughly $270 billion to work onchain. The arithmetic is the company's own, and Securitize disclosed in the Aave filing that it is the tokenization platform, transfer agent and investment adviser for HINC with "a direct commercial interest" in the listing.
What the Loopscale launch tests first is smaller and more concrete: whether a lending market can hold collateral that only allowlisted wallets can touch, liquidate it inside a T+1 redemption window, and price a mark that moves on credit spreads no borrower can see coming.
On-chain researcher Rarma’s analysis reveals that Injective halted block production for approximately 3 hours and 42 minutes on August 31. The block height recovered from 181,027,006 to 181,027,007, with no rollback occurring during the outage. QuickNode’s status records also confirm that Injective’s mainnet experienced a full-network block stagnation that day, prompting the deployment of an emergency patch. Attackers are suspected of repeatedly exploiting Injective’s insurance fund and permissionless binary options market creation mechanism, executing a total of 299 related operations, and ultimately funneling roughly 1,979.8 ETH (valued at around $4.88 million) in proceeds to a single address.
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Gold and silver fall to two-week lows as surging global bond yields weigh on precious metals.
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Spotové Solana ETF v USA zaznamenaly sedmý týden čistých přílivů v řadě, přičemž za posledních sedm dní přiteklo přes 1,2 milionu SOL v hodnotě asi 120 milionů USD. Zároveň počet peněženek s alespoň 10 000 SOL vzrostl za týden o 52.
Key Highlights SOL experienced an 8.31% decline from $110.50 to approximately $100.40 starting August 26 52 additional whale wallets emerged in the last week, each holding 10,000+ SOL Spot Solana ETFs in the United States recorded seven consecutive weeks of capital inflows, adding 1.2 million SOL (~$120M) in the most recent week SOL balances on centralized exchanges decreased by 4.91%, indicating a shift toward long-term holding strategies The Double Disinflation governance proposal succeeded, increasing the yearly disinflation rate from 15% to 30% Solana has experienced a significant pullback in recent trading sessions, yet beneath the price action lies a compelling narrative of network strength and institutional confidence. Multiple on-chain metrics reveal increasing adoption, sustained institutional investment, and a blockchain operating at unprecedented capacity.
Solana (SOL) Price Beginning August 26, SOL declined 8.31%, sliding from $110.50 down to approximately $100.40, as reported by crypto analyst Ali Charts.
Even as prices retreated, Solana’s blockchain has generated an average of approximately 9.5 million new wallet addresses daily throughout the previous week. This expansion rate indicates that new participants continue joining the ecosystem rather than exiting during the downturn.
2/7 While $SOL has pulled back 8.31% from $110.50 to $100.40 since August 26, network growth remains strong.
Over the past week, Solana has averaged 9.5 million new addresses per day. Sustained network expansion is a key measure of adoption and has historically preceded major… pic.twitter.com/XemL1eS5OK
— Ali Charts (@alicharts) August 31, 2026
Large holder activity has intensified noticeably. Wallets containing 10,000 SOL or more increased by 1.58%, representing the addition of 52 new whale-tier addresses in just seven days. When substantial holders accumulate positions, it typically reduces the circulating supply available for active trading.
Institutional Investment Maintains Momentum Institutional participation has demonstrated remarkable consistency. Spot Solana exchange-traded funds in the United States have experienced positive inflows for seven straight weeks. During the latest seven-day period, more than 1.2 million SOL entered these investment vehicles, representing approximately $120 million in value.
🐋 WHALE WATCH :$88.1M in $SOL ETF exposure.
Goldman Sachs is officially the largest known institutional holder of spot Solana ETF according to new 13F filings.
Smart money isn't ignoring the fastest chain in crypto anymore. The TradFi bid is real and its expanding beyond… pic.twitter.com/48NW2P7xwv
— Whale Factor (@WhaleFactor) August 28, 2026
Concurrently, the volume of SOL held on cryptocurrency exchanges contracted by 4.91%. Approximately 2.6 million SOL tokens exited exchange platforms throughout the past week, suggesting investors are transferring assets to self-custody solutions or preparing for extended holding periods.
Cryptocurrency analyst CryptosBatman shared on X that SOL has successfully broken free from a significant accumulation pattern, identifying the $83–$85 range as a critical support zone for retesting. According to his analysis, maintaining support in this region could propel SOL toward $150 and potentially higher.
From a technical perspective, $103 represents the crucial support threshold. Approximately 39 million SOL was acquired near this price point, establishing it as a robust zone where buying pressure is expected to materialize.
Should SOL defend the $103 level and gain upward momentum, resistance zones exist around $123 and $132, where roughly 20 million SOL changed hands previously. A decisive breakthrough above both levels could clear the pathway toward $150.
Network Fee Revenue Reaches New Peaks On the blockchain infrastructure front, Solana’s fee generation climbed to a seven-day average of nearly 9,200 SOL on August 27, representing an increase exceeding 80% compared to three months prior.
Non-vote transactions achieved a record 191 million on a seven-day measurement, up from merely 88 million during the same period last year. Jito validator tips averaged 2,073 SOL daily last week, marking a 26% week-over-week increase.
A significant governance decision was finalized on Friday. The Double Disinflation proposal, designated SGP-0002, passed with 67.001% community approval. This measure doubles the annual disinflation rate from 15% to 30%, eliminating approximately 18.9 million SOL from projected supply calculations over a six-year timeline.
Staking rewards are projected to decline from approximately 5.25% to 2.25% by the third year. Smaller validators dependent on inflation-based revenue may face profitability challenges, though typical users should experience no perceptible impact on network performance or transaction costs.
Non-vote transaction volume on Solana currently stands at an all-time peak of 191 million measured on a seven-day rolling average.
Spotové XRP ETF přilákaly 28. srpna čistý příliv 26,2 milionu USD a sérii kladných toků natáhly na devět dní. Kumulativní čisté přílivy už dosáhly asi 1,6 miliardy USD.
Spot XRP exchange-traded funds continued to attract strong investor interest, registering $26.2 million in net inflows on August 28 and marking nine consecutive days of positive flows, according to data from SoSoValue. Cumulative net inflows for these XRP funds have now reached approximately $1.6 billion.
Persistent inflows despite price pressureXRP funds have maintained this inflow momentum even as the token’s price has lost ground. XRP traded near $1.39 on Monday, representing a decline of 2.7% for the day and 7.6% over the past week, based on CoinGecko data. Despite the price drop, $725 million has been added to spot XRP ETFs in just the past nine days.
ETF data indicates that daily net assets across these products are around $1.6 billion, with individual daily inflows ranging from $2.4 million to more than $28 million. ETF flow trackers, such as Decrypt, currently maintain a “bullish” sentiment toward XRP ETF performance.
Analysts highlight institutional demandBloomberg Intelligence analyst James Seyffart has described the ongoing flows into XRP ETFs as “surprisingly resilient” when measured against the token’s subdued market action. He reviewed his own figures and cited cumulative net inflows totaling approximately $1.8 billion. The analyst noted that most of the investment has continued in a positive direction, remaining notable even as XRP loses some short-term price momentum.
XRP ETF flows have shown strength far beyond what the spot price suggests and nearly all the investment has remained strongly positive during the recent streak, according to observations by Bloomberg’s James Seyffart.
Seyffart referenced U.S. 13F regulatory filings from the second quarter to identify the largest spot XRP ETF holders. Goldman Sachs leads with about $87.4 million in reported exposure, followed by Jane Street and Millennium Management. Investment advisers are currently the largest category of holders and allocators, outpacing both hedge funds and brokerages.
Mini dictionary: 13F filings, a quarterly report that institutional investment managers in the US must submit to the SEC, detailing certain equity holdings to ensure transparency in large-scale fund movements.
Top XRP ETF HoldersReported ExposureGoldman Sachs$87.4 millionJane StreetNot specifiedMillennium ManagementNot specifiedComparison with Bitcoin and Ethereum fundsThe ongoing resilience in spot XRP ETF inflows stands in contrast to recent activity in Bitcoin products. Spot Bitcoin funds ended their own nine-day inflow streak, while Ethereum funds have continued to report steady cash additions. This divergence has drawn attention from market analysts trying to gauge broader investor sentiment toward various crypto assets.
Recent inflows into XRP ETFs differ sharply from the trend in spot Bitcoin funds, which recently ended a streak of daily net inflows, underscoring shifting investor priorities within the crypto ETF space.
The broader XRP ecosystem, which supports the cryptocurrency originally developed by the co-founders of Ripple, has attracted new institutional participants. Notably, Evernorth, an XRP treasury management company, recently gained SEC clearance and is expected to seek a Nasdaq listing soon.
Investors eye macro conditionsWhile XRP ETFs gain traction, the XRP spot price remains under pressure, still up about 38% over the past 14 days after a sharp rally but struggling to stay above key support levels following a recent leverage unwind. This disconnect between ETF inflows and market price is a key focus for traders heading into September, as investors monitor potential changes in U.S. Federal Reserve policy.
ETFs, or exchange-traded funds, are investment vehicles that hold underlying assets and allow investors to trade shares via traditional brokerages, providing a regulated and accessible way to gain exposure to cryptocurrencies. The first XRP ETFs launched in the United States in November 2025, following the introduction of Bitcoin funds one year earlier.
Market participants will be watching closely to see if continued ETF inflows can help stabilize $XRP’s spot price as the broader landscape shifts in response to interest rate expectations and sector developments.
Ripple is preparing the XRP Ledger for a future quantum-computing threat, even as trader flags near-term downside risk for XRP (CRYPTO: XRP).
Four-Stage Roadmap For Q-DayRipple Senior Director of Engineering Ayo Akinyele told CoinDesk that the company is preparing the XRP Ledger for potential quantum-computing threats before the technology becomes powerful enough to break current cryptographic protections.
A sufficiently advanced quantum computer could theoretically derive private keys from publicly available information, potentially putting blockchain assets at risk.
Researchers call this scenario "Q-Day."
Ripple’s four-stage roadmap starts with identifying vulnerabilities and testing quantum-resistant cryptography before eventually running existing and new security systems in parallel and migrating the broader network.
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The plan also includes an emergency upgrade path if quantum computing advances faster than expected.
XRP Ledger already allows users to replace account keys without changing the underlying account. Network-wide changes would still require coordination among independent validators.
XRP’s Rejection At $1.55In an X post on Aug. 31, crypto trader Crypto Patel said XRP rejected the $1.55 resistance after briefly sweeping liquidity above the level, followed by aggressive selling that sent prices nearly 20% lower.
Patel said XRP has not yet confirmed a bullish breakout and needs weekly acceptance above its recent high.
If resistance holds, the trader sees $0.90 to $0.70 as the next major downside zone. Longer term, Patel still sees $10 as possible.
Over the past month, XRP has gained 30%, despite falling 8% over the past seven days.
Image: Shutterstock
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Investors are closely tracking significant developments in the XRP market as new signals emerge, fueled by rising on-chain activity, institutional advancements, and a notable ETF registration.
Warning on crypto scamsDigital Asset Investor, known for his commentary in the crypto space, recently issued a direct warning about fraud risks within the industry. Addressing his audience, he cautioned newer and younger traders to remain vigilant, emphasizing that schemes promising guaranteed returns should be seen with skepticism. He described encountering fraudulent activities firsthand, stating that deception persists across the sector, sometimes in unexpected locations.
There are Bernie Madoffs among us in crypto, and traders should treat any deal that appears too good to be true as a potential red flag.
He highlighted the importance of conducting due diligence and urged investors to maintain a cautious approach in a fast-moving environment.
ETF filing puts spotlight on XRPThe US Securities and Exchange Commission recently received a filing to register the ProShares XRP ETF and ProShares Ultra XRP ETF as fund series. This move broadens the suite of regulated products available to the market, offering institutional investors compliant paths to gain exposure to XRP. Digital Asset Investor identified this development as another positive indicator for the asset, reflecting a deepening institutional footprint within the XRP ecosystem.
The arrival of these products is seen as part of a continuing trend toward greater institutional involvement in crypto, which supporters believe could shape market dynamics in the coming months.
Altcoin cycle expectations and market sentimentMarket observers, including Digital Asset Investor, see the current phase as primed for a significant alt season. He referenced historical altcoin market capitalizations, highlighting $60 billion at the peak in 2018, $400 billion in 2021, and a projected $8 trillion for 2027. Despite recent price pullbacks linked to cautious Federal Reserve comments, he views these dips as potential buying opportunities rather than signals of fundamental weakness in XRP.
Alt season represents the biggest opportunity for investors during this bull run, and the current landscape suggests a major setup for upcoming gains.
With heightened volatility and critical macro developments shaping intraday swings, traders must monitor market signals closely. In a market where a single Fed decision or a sudden altcoin listing can change everything in seconds, moving between multiple apps for charts, news, and portfolio monitoring often proves costly for investors. Increasingly, traders are turning to privacy-first tools like CryptoAppsy, which consolidate real-time charts, smart price alerts, coin-specific news, and crucial macro data on one screen—without requiring users to create accounts.
On-chain metrics and infrastructural growthBullish on-chain data continues to reinforce positive sentiment. The number of receiving addresses on the XRP network climbed sharply to 926,000, representing an increase of more than 2,300%. Meanwhile, RLUSD supply on the XRP Ledger surpassed $1 billion, reflecting the growing utility and adoption of the XRP ecosystem.
Ripple announced that Joseph Thompson, previously head of treasury at the London Metal Exchange, has joined its trading and markets division to focus on tokenization strategy. The firm is also implementing a four-stage roadmap aimed at preparing the XRP Ledger to defend against future quantum computing threats.
Institutional access and infrastructureRipple’s prime brokerage arm is developing a unified infrastructure platform for institutions. This effort aims to provide streamlined access to liquidity, custody solutions, stablecoin utilities, and efficient payment flows. By bolstering the underlying platform, Ripple intends to position itself for the next evolutionary phase of digital asset infrastructure, coinciding with rising institutional interest in products tied to $XRP.
Páka na Ethereu na Binance a Bybit za 7 dní spadla o 90,9 % na 102 milionů USD, zatímco ETH drží kolem 2 500 USD. Podporují ho hlavně spotové ETF, která za 10 dní přilákala asi 1,5 miliardy USD.
As Ethereum [ETH] advanced toward $2500, traders went all-in, adding massive amounts of leverage on both Binance and Bybit.
The combined Open Interest (OI) on these two exchanges grew by $1.12 billion over the seven days ending on the 22nd of August, after traders began to chase Ethereum’s breakout.
Recently, that momentum has dramatically fallen off. As of the 30th of August, the leverage collapsed 90.9% to just $102 million. Binance fell from $843 million to $94 million, while Bybit plunged from $277 million to $8 million.
Source: CryptoQuant However, ETH is still trading near $2500, even though derivatives are being added by much smaller margins. In other words, this means that the rally is now relying less on rapid expansion of derivatives in order to continue supporting the price.
Ultimately, if Ethereum holds $2500 while leverage decreases, then this would likely indicate a rally based on growing demand.
With leveraged trading cooling, Ethereum’s support is increasingly coming from spot ETFs.
The volume of ETH being bought by institutions through spot ETFs has grown with each session since the 15th of August. Since then, U.S.-based Ethereum ETFs have had approximately $1.5 billion in investment over 10 days.
Source: Farside Over this same period BlackRock’s ETHA accounted for 71.9%, or approximately $1.02 billion, of total investment in all U.S.-based Ethereum ETFs. At an ETH price level of $2,400-$2,500, these investments would represent approximately 570,000-630,000 ETH worth of net purchases.
More importantly, ETF inflows matter because they create direct demand for ETH in the spot market without adding leverage through futures. All in all, it is likely that continued ETF inflows will support ETH’s stabilization even if derivative positions continue to be reduced.
Whale selling tests ETH demand That institutional demand now faces a direct supply test, as whale 0x2Ea2 has moved substantial ETH onto major exchanges. Over two days, the wallet deposited 40,881 ETH worth $100.67 million, spreading transfers across Binance, OKX, Bybit, Kraken, and Gate.
Source: Arkham Several deposits reached thousands of ETH, including 8,629 ETH sent to Binance within one day. This does not necessarily mean that whale 0x2Ea2 sold this amount of ETH.
However, placing ETH directly on an exchange makes it immediately available to be traded. This is important since continued sales of ETH could potentially absorb some of the spot demand for ETH currently at around $2,500.
Meanwhile, the whale still possesses 10,506 ETH worth roughly $25.52 million, and thus there are additional potential supplies. If that balance follows, ETF demand must absorb heavier selling to maintain price stability.
XRP dál přitahuje institucionální poptávku, když spot ETF zaznamenaly čistý příliv 5,64 milionu USD a už 10 dní v řadě jsou v plusu. Stellar zároveň oznámil, že jeho RWA ekosystém překročil 4 miliardy USD.
Ripple (XRP) and Stellar (XLM) are showing signs of recovery on Tuesday after rebounding slightly the previous day, following double-digit corrections last week. Moreover, XRP continues to attract Exchange-Traded Fund (ETF) inflows and Stellar’s Real-World Assets (RWAs) ecosystem has surpassed $4 billion. These developments indicate growing institutional interest and could provide fresh fundamental support for a recovery in both altcoins.
XRP institutional demand shows signs of strengthInstitutional demand for XRP has remained strong. SoSoValue data showed spot ETFs recorded a $5.64 million inflow on Monday, marking 10 consecutive days of positive flows since August 18. Moreover, net weekly inflows last week exceeded $110 million, the highest weekly flows since early December 2025. If these inflows continue and intensify, XRP could support gains ahead.
Total XRP spot ETF net inflow daily chart. Source: SoSoValue
Total XRP spot ETF net inflow weekly chart. Source: SoSoValueXLM RWAs hit $4 billionStellar announced on its X account on Monday that Real-World Assets (RWAs) on its network have surpassed $4 billion. This highlights the rapid expansion of Stellar’s RWA ecosystem and supports a bullish long-term outlook for XLM.
XRP technical outlook: Key 200-day EMA holds strongXRP price trades at $1.37 on Tuesday, maintaining a bullish near-term bias as it remains above key Exponential Moving Averages (EMAs). The 200-day EMA at $1.35 underpins the advance together with the 100-day EMA at $1.21 and the 50-day EMA at $1.21, suggesting a constructive underlying trend despite the recent pullback from overbought RSI readings.
The Relative Strength Index (RSI) has eased to 61 from earlier extreme levels. At the same time, the Moving Average Convergence Divergence (MACD) has slipped marginally negative, hinting at waning upside momentum rather than a clear trend reversal as long as price holds over the 200-day EMA.
On the topside, the next significant barrier is the horizontal resistance at $1.90, where fresh supply could emerge if the rally extends.
On the downside, immediate support sits around the current consolidation area, backed by the 200-day EMA at $1.35, followed by the horizontal floor at $1.30. Deeper setbacks would expose the broader demand zone defined by the 100-day and 50-day EMAs clustered near $1.21, ahead of the more distant structural support at $1.00.
XRP/USDT daily chartXLM technical outlook: Near key resistance zoneXLM price trades at $0.1776 on Tuesday, capped by a dense cluster of EMAs just overhead, which keeps the near-term bias bearish. XLM price is marginally below the 50-day EMA at $0.1778, with the 100-day and 200-day EMAs higher at $0.1797 and $0.1890, respectively, suggesting rallies remain vulnerable while these levels hold as resistance.
The RSI hovers around 50, hinting at a loss of upside momentum, while the MACD has slipped back below the zero line, reinforcing the idea of a fading bullish phase and scope for further consolidation or downside.
On the downside, immediate support is seen at the nearby horizontal level at $0.1774, which forms a tight pivot zone around the current price, before a more distant structural floor emerges at $0.1420.
On the topside, initial resistance is given by the 50-day EMA at $0.1778, followed by the 100-day EMA at $0.1797 and the 200-day EMA at $0.1890; only a sustained break above this moving-average stack would ease bearish pressure and open the way for a more constructive recovery phase.
XLM/USDT daily chart(The technical analysis of this story was written with the help of an AI tool. Know more.)
Polkadot spouští Products Devnet pro vývojáře decentralizovaných aplikací jako statické webové aplikace. Nabízí tři nové chainy: Asset Hub, People a Bulletin.
Polkadot has launched its Products Devnet, a dedicated environment for developers to create and share decentralized applications as static web apps, expanding the platform’s focus on innovative product development.
Product development environment and specialized chainsThe new Devnet offers a framework for building ‘Products’—web applications that operate within the Polkadot host. Developers can experiment with features that extend beyond typical blockchain utilities, enabling more specialized, tailored, or even industrial-grade solutions.
Within the Devnet, three specialized chains are available. Asset Hub supports contracts and asset-related domains, allowing users to register and utilize DotNS names. The People chain centers on identity and personhood, providing tools for verifiable digital identity management. The Bulletin chain functions as a space to host bundles of Products, facilitating distribution and community sharing.
To create and deploy these applications, developers use React combined with @parity/product-sdk. After development, products can be registered under a .dot domain and published through the pad CLI tool, streamlining the process of public release and discovery.
Mini dictionary: Parity is a core blockchain infrastructure company responsible for much of Polkadot’s technology. DotNS (Dot Name Service) is an identity and domain management protocol on Polkadot, enabling blockchain-based name registration.
Developers are encouraged to begin with applications that may serve only personal needs, but these tools can often evolve into more broadly useful solutions as the ecosystem develops further.
Changing focus for Polkadot and ecosystem partnersParity and the Polkadot Community Foundation are leading the initiative behind the Products Devnet, providing the software development kit (SDK), DotNS support, and Bulletin infrastructure needed to build and publish new tools. Their intention is to reduce user experience (UX) barriers commonly associated with blockchain while maintaining on-chain verifiability for applications built on the network.
The Devnet environment offers developers advantages like feeless hosting and composable identity features, which streamline the development and onboarding process. This is seen as a shift in Polkadot’s strategy, no longer prioritizing parachain auctions, but instead orienting toward consumer applications and broader use cases with Polkadot 2.0.
Mini dictionary: Parachain auctions were previously central to Polkadot’s ecosystem, allocating slots to projects via competitive bidding. With the Devnet focus, these auctions have become less prominent as consumer products take priority.
Product use cases and future directionThe first applications built with these tools included marketplaces such as Mercado and localdot, on-chain surveys, and decentralized forums. These early projects demonstrated not only the potential for advanced industrial analytics tools and educational resources, but also showcased the variety of products possible within the ecosystem.
Polkadot’s Devnet arrives at a competitive moment in the smart contract space, as Ethereum layer 2 networks and Solana intensify efforts to capture consumer-focused applications. The platform’s adoption and growth will depend on the maturity of its development tools, successful migration to mainnet, and ongoing interest from developers and broader communities.
Polkadot is a decentralized blockchain network designed for interoperability between different blockchains. The platform is developed and maintained by Parity Technologies in collaboration with the broader Polkadot community.
ChainMain FocusAsset HubContracts & asset management, DotNS name registrationPeopleIdentity and personhood featuresBulletinHosting and bundling of Products
Tokenizovaná aktiva na veřejných blockchainech dosáhla k 3. srpnu hodnoty 37,29 miliardy USD bez stablecoinů. SEC zároveň vymezila tokenizované cenné papíry podle toho, zda jsou navázané na oficiální vlastnický záznam.
How big is the tokenization market? Well, it’s big enough that the grand machinery of capital markets is now flooding in. Some of the key stats from 2026 show the shocking scale of growth in tokenized assets.
Tokenized RWAs reached $37.29 billion on public blockchains as of August 3, excluding stablecoins. Treasury and money-market products accounted for $16.16 billion, roughly 43% of the total. Commodities stood at $4.60 billion, while equities and ETFs reached $2.16 billion. Types of Tokenized Real-World Assets By Category. Source: On-Chain Finance What’s more, US regulators are beginning to draw firmer lines. In January, SEC staff divided tokenized securities into issuer-sponsored products and third-party-created versions.
An issuer can integrate distributed-ledger technology into its “master securityholder file,” allowing an on-chain transfer to move the security on the official register, while third-party structures can leave legal ownership recorded elsewhere and give the token holder a separate entitlement.
BeInCrypto spoke to Eva Meng, Head of Matrixdock, Myles Harrison, Chief Product Officer at AMINA Bank, Billy Miller, COO of Securitize, and Roshan Robert, CEO of OKX US, about tokenization’s real battleground.
Ownership Begins with Settlement Eva Meng, Head of Matrixdock, places settlement at the center of the ownership question.
“An on-chain ledger can accurately record token ownership without establishing whether the underlying asset is available for settlement. The real test comes when the claim is exercised: can recorded ownership actually be carried through to settlement?”
Matrixdock’s tokenized gold (XAUm) asset shows how such rights pass from an onchain balance into physical delivery.
In April 2025, a holder burned 32.148 XAUm and received a one-kilogram LBMA gold bar within T+3 of the redemption request, linking the token burn to a corresponding release from custody.
How a Holder Received a Physical Gold Bar for Burning His Tokenized Gold Coins. Source: Matrixdock The stakes rise as tokenization reaches securities, where ownership determines access to dividends, voting rights and corporate actions.
Myles Harrison, Chief Product Officer at AMINA Bank, argues institutional investors tend to begin from those legal and economic rights rather than from blockchain selection.
“The token isn’t the asset. It’s a representation of a claim, and that claim only means something if a regulated institution stands behind it and is legally obliged to honor it. When I speak to institutional clients, their questions are never about which chain an asset sits on. They want to know who owes them what, under which law, and what happens if something goes wrong. Those answers live in the record of ownership, not in the token itself.”
Securitize COO Billy Miller draws a similar line between tokens created around securities held elsewhere and issuer-sponsored tokens incorporated into the ownership record itself.
“In an issuer-sponsored model, the issuer authorizes tokenization with the token representing the actual security and ownership, akin to how book-entry is a digital representation of shares held at the transfer agent.”
Securitize put the model into use when its common stock began trading on the NYSE under SECZ on July 2. Eligible US investors are also able to access tokenized SECZ through Securitize.
The tokens launched on Avalanche and Solana while representing the same common stock trading on the NYSE, giving one security both conventional and on-chain forms of ownership.
Securitize is now officially a public company, listed on the @NYSE under the ticker SECZ.
Our focus is unchanged: building the regulated infrastructure for the next generation of capital markets.
To everyone who helped us get here, thank you.
Tokenize the World. pic.twitter.com/XVhjA5udA9
— Securitize (@Securitize) July 2, 2026 💡 Did you know? Robinhood’s 2025 “SpaceX stock tokens” gave investors derivative exposure rather than direct ownership of SpaceX shares. The controversy exposed a central risk in tokenization: owning a token does not necessarily put the holder on the company’s share register or grant the rights attached to the underlying equity.
Transfer Agents Transfer agents have long maintained security-holder records, processed changes in ownership, and administered distributions. With tokenized securities, recordkeeping becomes more closely tied to the trade because an on-chain transfer can feed into the official register, making the quality and speed of recordkeeping part of the trading experience itself.
Traditional exchanges are already building around this role.
In March, the NYSE named Securitize as the first digital transfer agent eligible to mint blockchain-native securities for corporate and ETF issuers on its planned digital trading platform, while the two companies also agreed to work on standards covering digital transfer agents and tokenization agents.
Roshan Robert, CEO of OKX US, sees the transfer agent and blockchain as complementary components.
“Tokenization works best when the asset is tied directly to the official ownership record. A digital transfer agent maintains that record and manages transfers, distributions and corporate actions. Blockchain infrastructure provides the speed, transparency and global reach that make these assets more useful. Strong tokenized markets need both trusted ownership records and high-performance blockchain infrastructure. Together, they can allow tokenized assets to move securely and, ultimately, trade around the clock.”
The institutional footprint around regulated tokenization is growing alongside those market plans. Securitize reported $3.4 billion in assets under management at the end of March 2026 and $1.9 billion of aggregate transaction volume during the first quarter, figures published shortly before its July NYSE listing.
Around-the-Clock Trading Reaches the Old Market Clock The NYSE is developing a regulated digital venue designed for 24/7 tokenized securities trading, instant settlement and stablecoin-based funding, pairing its Pillar matching engine with blockchain-based post-trade systems.
Harrison sees the difficult work arriving beyond the trading venue, where counterparties, compliance teams and settlement systems still operate according to schedules refined over decades.
“At AMINA Bank, we settle 24/7, 365. We’re always online. But try clearing something on a Saturday evening through a traditional institution; it just doesn’t happen. And that’s not a technology problem. The entire financial system – from the processes and the staffing models to the compliance infrastructure – was built around market opening hours and optimized over decades. Unwinding is like turning an oil tanker. It will happen, but anyone telling you it’s 12 months away is underestimating the challenge.”
Meng sees the same tension in gold, an asset whose price can respond to geopolitical events and macroeconomic releases while key elements of the conventional market remain bound to established operating hours.
“The challenge is that only part of the stack is always on. Secondary trading and transfers can continue on-chain, while underlying markets, banking, custody, hedging, and primary-market activity still follow traditional operating hours.”
Tokenized gold can therefore continue forming a price while conventional routes are closed, giving onchain markets an early read on new information.
“The harder test comes when the tokenized price moves away from the underlying market while the mechanisms that normally bring them back into alignment, such as arbitrage, hedging, minting and redemption, are unavailable. Liquidity providers then have to carry more inventory, basis and gap risk until those markets reopen,” Meng said.
Continuous trading becomes economically durable when liquidity providers can manage exposure across those uneven schedules, with enough cash settlement, custody and redemption capacity to support prices through weekends and overnight sessions.
The Registry Outranks the Chain Blockchain selection still affects transaction costs, execution speed and access, although Harrison sees legal and operational design carrying greater importance for institutions deciding whether an asset can enter portfolios.
“The chain matters far less than people assume. I see institutions spending months evaluating which blockchain to use when the real question is whether the legal and operational infrastructure around their asset is in place. Can they settle? Can they comply across jurisdictions? Can their counterparties access it? The industry spent almost two years getting lost in the semantic between tokenized deposit, a CBDC and a stablecoin when technologically they’re identical. The infrastructure around the token is what determines whether institutional clients can use it,” said Harrison from AMINA Bank.
SECZ provides one illustration. The same issuer-sponsored common stock launched across Avalanche and Solana, leaving the economic rights attached to the share while blockchain choice governs where an eligible investor can hold and transfer the tokenized form.
The SEC’s January guidance gives the registry similar prominence from a regulatory perspective, centring issuer-sponsored tokenization on the master securityholder file and the relationship between an onchain transfer and the legally recognized ownership record.
Where Tokenization Breaks Down Continuous trading becomes more complicated when a token keeps changing hands while its reference market has closed, leaving price discovery concentrated in the tokenized asset until conventional trading resumes.
Harrison points to tokenized equities.
“You can trade the token at any hour, but the underlying security doesn’t reprice outside traditional market hours. You’re buying a wrapper whose reference value is frozen until the market reopens.”
Tokenized Treasuries raise a different issue. They are already the largest real-world asset category tracked by RWA.xyz, with $16.16 billion distributed across 85 products as of August 3, yet AMINA’s clients can already buy conventional T-bills through the bank’s securities dealer license.
In their case, wrapping the same exposure in a token offers limited extra utility unless it improves access, settlement or use elsewhere onchain.
“The tokenized version solves a distribution problem that doesn’t exist for them.”
Tokenization earns its economic value where a blockchain representation improves access, settlement, portability or use as collateral, while the ownership record preserves a holder’s enforceable rights throughout the process.
The market is already large enough for this distinction to become commercially important, especially as tokenized securities begin entering regulated public-market venues.
