Crypto Markets & On-Chain Ecosystem Developments

According to LayerZero's announcement on X, the protocol will discontinue off-chain support for 15 low-activity chains over the next 30 days. The affected networks are EDU Chain, Meter, Shimmer, Cyber, Silicon, Sophon, Bitlayer, DFK Chain, Arbitrum Nova, DOS Chain, Cronos zkEVM, Degen, Skale

According to HTX, Zcash (ZEC) broke through $785 to mark an all-time high on August 22, with 24-hour gains exceeding 36%. The token last traded at $782.5.

According to Grayscale research head Zach Pandl on August 19, the SEC's proposed Regulation Crypto Assets rule may increase on-chain token issuance and benefit ETH, SOL, and BNB. The proposal establishes two issuance exemptions: qualified issuers may raise up to $5

According to Besu's security advisory, the company disclosed five security flaws discovered by CertiK, with fixes released in version 26.7.1 on July 27. Technical details were made public on August 14. The flaws involved block announcement handling, future block height consensus proposal caching,

According to Odaily星球日报, SAND allegedly experienced an unlimited minting vulnerability, with attackers gaining permissions to arbitrarily create SAND tokens. The token fell over 10% in short-term trading. The exact scope of impact and attack cause remain

According to ChainCatcher's on-chain analysis, trader "Target 10 Major Goals" closed approximately $80 million in short positions today. Bitcoin shorts totaling 1,830.724 BTC are worth $139 million with a stop-loss level set at $80,500, while Ethereum shorts of 12,756.739 ETH are valued at $30.25 mi

According to Guru Club, over 190,000 traders were liquidated in the past 24 hours on August 22, with total contract liquidations reaching $15.75 billion across the crypto market. Long positions accounted for $3.1 billion in liquidations, while short positions accounted for $12.7 billion.

According to Coinglass data cited by ChainCatcher, crypto markets saw $1.33 billion in liquidations over the past 24 hours, with short positions accounting for $1.026 billion and long positions $307 million. A maximum single liquidation of $24.96 million occurred in Hyperliquid's BTC-USD pair,

According to BizWatch, Bitcoin rallied since August 15 and rose approximately 20% over the past week to reach the 100-million-won level, while Ethereum and XRP each gained over 30% in the same period. On August 20-21, trading volumes surged 3-5 times higher than recent daily averages, with BTC