Crypto Markets & On-Chain Ecosystem Developments

BitMEX co-founder Arthur Hayes published an article titled “The Book of Genesis” on August 20, detailing Flop Labs’ core principles and tokenomics. Flop Network miners can earn $FLOP rewards and inference fees by providing “Proof of Useful Inference” (PoUI), while testnet participants will receive approximately 20% of the token supply over ten years. The Market Gap Identified by Hayes: The AI Market Lacks a Unified Standard for Pricing Computing Power In the article, Hayes described the core mar

According to Ondo Finance, Ondo Perps open interest has surpassed $100 million since its July launch, with particularly strong growth in recent weeks. The platform has also ranked among the top three global RWA perpetual trading platforms on DefiLlama, demonstrating market demand for RWA

According to Strategy, shares of MicroStrategy (MSTR) rose more than 3% in the overnight session late Wednesday as Bitcoin surged above $69,000 for the first time since early June, and major institutional investors expanded their positions in the second quarter. Twelve of the top 15 institutional s

Gate News reports that on Aug. 20, according to Gate market data, NAWS (NAWS.AI) was trading at $0.00326 as of press time, up 62.11% over the past 24 hours. It reached a high of $0.00326 and a low of $0.002, with 24-hour trading volume totaling $3,903.81. Its current market capitalization is approximately $6.5135 million. NAWS is an AI-powered, no-code platform that enables users to sell Web2 and Web3 content and DePIN credentials. Its P2P crypto payment system uses a DEX AI aggregator to facili

According to Coinglass data cited by ChainCatcher, whale addresses on Hyperliquid hold $5.517 billion in total open positions as of August 20, with a long-to-short ratio of 0.98. Long positions account for $2.727 billion (49.42% of total whale holdings), while short positions total $2.79 billion (5

According to Gate data, Korean payment and fintech stocks linked to stablecoins surged today (August 20). Kakao Pay rose 10.91% to 4,575 won, The Zone climbed 10% to 2,090 won, NHN KCP advanced 9.76% to 14,840 won, Hecto Financial jumped 20.49% to 22,350 won, and Danal gained 11.73% to 5,190 won. T

From 01:30 to 01:45 (UTC) on August 20, 2026, BTC rose slightly by 0.43% over the 15-minute period, trading within a range of 69,293.5–69,634.3 USDT with an amplitude of 0.49%. This indicated a typical low-volatility, low-activity consolidation phase. The move lacked a clear, single catalyst. Tavily search attribution data was unavailable, so the specific trigger could not be confirmed through news analysis. From a price-and-volume perspective, BTC fluctuated within a relatively narrow range aro

A Reuters/Ipsos poll conducted online among 1,166 adults nationwide from Aug. 14 to 17 showed that 63% of respondents believed the way U.S. President Trump and his family profit from cryptocurrency businesses was “inappropriate,” while 32% considered it appropriate. The poll also showed that 69% of respondents believed Trump’s private business interests were influencing his presidential decisions, including approximately two-thirds of independent voters and approximately nine in ten Democratic r

Luke Dashjr stated Aug. 18 that Bitcoin, which he calls 'Spamcoin,' should handle replay protection for the proposed BIP-110 hard fork. BIP-110 supporters are discussing replacing the minority chain's SHA-256d mining algorithm with BLAKE2b, creating permanent separation while both networks share

Crypto reporter Eleanor Terrett cited two people familiar with the matter in a post on X on August 20, reporting that executives from Coinbase, a16z, Ripple, and Kraken held a preparatory meeting with Commerce Secretary Howard Lutnick that day, before President Trump’s White House event with crypto industry leaders. They discussed passing the CLARITY Act and its significance for U.S. jobs and economic growth. Crypto Industry Preparatory Meeting Before Trump’s White House Event According to the t

Gate News, August 20: According to Gate market data, as of press time, ATA (Automata Network) is trading at $0.00099, up 87.25% over the past 24 hours. It reached a high of $0.0013 and a low of $0.00053, with 24-hour trading volume reaching $261.1k. Its current market cap is approximately $958.2k. Automata Network is a decentralized service protocol that provides privacy middleware for dApps across multiple blockchains. By leveraging the latest cryptographic technologies, privacy-preserving algo

Nasdaq-listed Chinese embedded digital insurance technology company Zh保科技 (ZBAO) announced on August 19 that it had completed a $154.7 million PIPE (private investment in public equity) financing. The financing used a rare structure in which cryptocurrency was provided directly as consideration: a group of non-U.S. investors paid with 2,380 Bitcoin, all of which was deposited into Zh保科技’s official wallet, rather than first raising fiat currency and then purchasing Bitcoin on the market. PIPE Fin

According to SoSoValue data, Solana spot ETFs saw net inflows of $2.1 million on Aug. 19, with Bitwise Solana Staking ETF (BSOL) recording $5.63 million in daily inflows. BSOL's historical cumulative net inflows have reached $907 million. Overall, SOL spot ETF total net inflows have accumulated to $

According to PANews and SoSoValue, XRP spot ETFs saw net inflows of $2.3517 million yesterday (August 19). Bitwise XRP ETF (XRP) led with single-day net inflows of $1.1926 million, bringing its lifetime total to $516 million. Franklin XRP ETF (XRPZ) followed with $1.1591 million in daily inflows and

According to SoSoValue data reported by PANews, the Hyperliquid ETF (THYP) recorded net outflows of $1.97 million on August 19 (Eastern Time), marking the sole net outflow among HYPE spot ETF products that day. The total assets under management for HYPE spot ETFs currently stand at $327 million,