Crypto Markets & On-Chain Ecosystem Developments

According to Odaily, WAGIE on BSC hit a market cap of $900,000 on August 22 following the token's announcement of BNB's first upgradeable NFT protocol. The protocol allows users to upgrade NFTs with the ability to achieve an "Employee of the Month" status, according to

On Aug. 22, Ethereum surged to $2,546, marking a 29.8% gain over 7 days amid strong spot ETF inflows and leveraged trading activity. Spot ethereum exchange-traded funds pulled in $697 million in net inflows for the week,

Grayscale Head of Research Zach Pandl stated on Aug. 21 that bitcoin may offer a favorable entry point for long-term investors based on three converging factors. The assessment addressed adoption trends, cycle positioning, and macroeconomic conditions as bitcoin reached $79,461 before easing

According to Grayscale, Bitcoin rose to $79,461 on August 21 before retreating to approximately $77,000. Grayscale's research notes that the current bear market has persisted for 10 months, approaching the historical average duration of 11 to 12 months across previous cycles. The company cited

Coinkite released firmware versions 5.6.1 and 1.5.1Q for its Coldcard Mk4, Mk5, and Q Bitcoin hardware wallets on Thursday following a seed-generation flaw that enabled attackers to steal more than $130 million in Bitcoin. The vulnerability, dating to 2021, generated wallet seeds with insufficient r

Blockchain investigator ZachXBT ranked Canada as the worst jurisdiction globally for handling crypto crimes, citing systematic failures by local law enforcement to act on evidence and assist victims. ZachXBT published the ranking on his Telegram channel, placing the UK and India in second and

Blockchain investigator ZachXBT recently published a ranking of the worst jurisdictions for handling crypto crimes, naming Canada as the most problematic country for victims despite its first-world status. The United Kingdom ranks second and India third. ZachXBT cited instances where Canadian law e

Coinkite released new Coldcard firmware on Thursday after a seed-generation flaw dating to 2021 exposed users to more than $130 million in Bitcoin thefts. The company urged Coldcard Mk4, Mk5, and Q users to upgrade to firmware 5.6.1 or 1.5.1Q. The flaw reduced entropy from 128

According to claims circulating on social media, SAND, the native token of The Sandbox ecosystem, faced a major security incident today (August 22) with allegations that attackers exploited an unlimited token minting vulnerability. Reports suggest over 500 million new SAND tokens were created

U.S. spot bitcoin and ether ETFs drew a combined $2.6 billion in net inflows last week, according to The Block's analysis of SoSoValue data. The result marked their strongest weekly performance since October 2025, with spot bitcoin ETFs logging $1.9 billion and spot ether ETFs drawing $697.2

According to The Block's analysis of SoSoValue data, U.S. spot bitcoin and ether ETFs drew a combined $2.6 billion in net inflows last week, marking their strongest week since October 2025. Bitcoin ETFs logged $1.9 billion, while ether ETFs attracted $697.2 million, both recording their largest week

According to Galaxy Research on August 22, Bitcoin needs to reclaim its 50-week moving average near $82,470 to confirm the bear-market bottom. The firm examined six completed Bitcoin bear markets since 2011 and found the cryptocurrency reclaimed this weekly average 13 times,

The Blockchain Association and Crypto Council for Innovation filed a lawsuit on Aug. 21 in Sangamon County Circuit Court challenging Illinois' 0.2% digital asset tax scheduled to take effect Jan. 1. The complaint targets Illinois Department of Revenue Director David Harris, Attorney General Kwame

According to Bitcoin.com News, the Blockchain Association and Crypto Council for Innovation filed a lawsuit on Aug. 21 in Sangamon County Circuit Court to block Illinois' proposed 0.2% digital asset tax. The tax, set to take effect on Jan. 1, 2027, would apply to trades, transfers, and custody