Crypto Markets & On-Chain Ecosystem Developments

Uniswap and PancakeSwap have captured 96.1% of all tokenized commodity trading volume on decentralized exchanges over the past 30 days, processing $678.2 million in transactions. Gold-backed tokens dominate the category, accounting for roughly 80% or more of daily DEX volume, with Paxos Gold

According to Nikkei, Japan's Financial Services Agency plans to relax regulatory restrictions on stablecoins issued by trust banks, allowing individuals to conduct transactions exceeding 100 million yen. The agency intends to include the changes in upcoming tax reform

Gate News message, Machi (@machibigbrother) experienced a significant account recovery after being liquidated to below $60K. The account has since grown nearly 200 times, now holding $113M in long positions across BTC and ETH. Current positions include 23,350 ETH valued at $59M and 668 BTC valued at

POSCO International America completed a demonstration of tokenizing trade receivables as blockchain-based digital assets on the 25th, in collaboration with trade finance platform Olea and asset tokenization platform Intain. The demonstration aimed to improve asset visibility and reduce operational c

POSCO International Americas on August 25 completed a proof-of-concept for tokenizing accounts receivable on the Avalanche blockchain in collaboration with trading finance platform Olea and asset tokenization platform Intain. The companies issued trade-generated receivables as tokenized digital asse

According to CoinGlass data, global cryptocurrency liquidations reached $221 million in the past hour, with short position liquidations accounting for $217 million. Bitcoin liquidations hit $165 million, while Ethereum liquidations reached $48.1 million.

According to on-chain analyst Ai Yi, the "Set 10 Major Targets" account's BTC short position has triggered its $80,500 stop-loss level. The account holds 1,830.724 BTC shorts opened at $76,397.56, with $8.06 million in unrealized losses. Additionally, it carries 12,756.739 ETH shorts opened at $2,37

According to SoSoValue data, Layer 2 tokens rallied on August 25, with the sector up 3.02% in 24 hours. Polygon (POL) led gains with an 8.50% increase, followed by Stacks (STX) up 4.76% and Mantle (MNT) up 2.82%. Bitcoin (BTC) climbed 3.22% to touch $80,000 intraday, while Ethereum (ETH)

According to Coinglass data, if Bitcoin breaks $83,000 today, the cumulative liquidation strength for short positions across major centralized exchanges will reach $455 million. Conversely, if BTC drops below $79,000, long position liquidation strength will hit $198 million.

Gate News bot message: Gate market data shows that BTC has broken above 81,000 USDT and is currently priced at 81,039.7 USDT.

Gate News bot message: Gate market data shows that BTC has broken above 80000 USDT and is currently priced at 80195.4 USDT.

A federal jury convicted San Francisco resident Japheth Dillman, 48, of wire fraud and conspiracy to commit wire fraud in connection with a fraudulent cryptocurrency trading fund, the U.S. Department of Justice announced Monday. Dillman defrauded more than 20 investors of nearly $1 million through f

According to The Block, a federal jury on August 25 convicted Japheth Dillman, a 48-year-old San Francisco video game company founder, of wire fraud for operating Block Bits Capital, a fraudulent crypto trading fund. The U.S. Department of Justice stated that Dillman faces a maximum of 20 years

Tom Lee, Chairman of BitMine Immersion Technologies, stated on the 24th (Korean time) during an appearance on digital asset podcast Bankless that the cryptocurrency market has exited the bear phase and entered a new bull cycle. Lee attributed Ethereum's recent underperformance primarily to the

According to the Bankless podcast on August 24, Tom Lee, chairman of BitMine Immersion Technologies, said the cryptocurrency market has exited its bear cycle and entered a new bull phase. Lee forecasted that Ethereum could surpass $5,000 under the new cycle, with potential to exceed $10,000 if

According to BlockBeats, on August 25, Bitmine Chairman Tom Lee outlined the company's ten-year vision, positioning Ethereum as the core infrastructure for tokenization and artificial intelligence applications. Lee stated that ETH market capitalization surpassing BTC is "a very tenable argument," an

A U.S. soldier was recently identified as having obtained more than $400,000 in profits on Polymarket using nonpublic information. The Commodity Futures Trading Commission (CFTC) has initiated a criminal investigation into the matter, though the agency's involvement has faced