Crypto Markets & On-Chain Ecosystem Developments

According to Foresight News, Metaplanet CEO Simon Gerovich presented his "First Asian Cycle" thesis at Bitcoin Asia 2026 in Hong Kong on August 28. He stated that Bitcoin's bottom has formed following a pullback of roughly 50% from its peak, and market sentiment shifted last week as forced sellers e

According to Foresight News, GnosisDAO proposal GIP-154 passed voting, allocating $15 million in stablecoins to Gnosis Ltd over 12 months beginning September 1, disbursed quarterly. Funds will support development of the Ethereum Economic Area (EEZ), Gnosis Chain, and Gnosis Pay. The same proposal in

According to Onchain Lens, Chainlink bought back 92,000 LINK (approximately $1.1 million) yesterday and transferred them to its reserve wallet. Over the past 30 days, the reserve wallet has accumulated 598,300 LINK (approximately $5.62 million) in total, with current holdings reaching 5.67 million L

According to Foresight News, Scroll co-founder and CEO Raza announced the protocol will transform into a private Layer 2 serving AI Agents, abandoning its generalist positioning. Raza stated that generic L2s are outdated and that specialization is necessary for survival. The transition will make

According to RootData data cited by Hong Kong financial media The Hong Kong Economic Times, more than 100 cryptocurrency projects have announced shutdowns, bankruptcies, or indefinite service halts during the first seven months of 2026. The publication noted that actual closures may be higher, as

According to ChainCatcher, TRON's Proposal 107 officially took effect on August 28, activating TVM Prague and Osaka compatibility features from GreatVoyage-v4.8.2. The upgrade enables on-chain historical block hash reads, introduces the CLZ instruction, and adds native secp256r1 precompiled

Gate News reports that, according to an official announcement from Gate, Gate’s Stock Zone has launched pre-market trading for the SHEINUSDT (SHEIN) perpetual contract, settled in USDT and supporting 1x–10x leverage for both long and short positions. SHEIN is a leading cross-border fast-fashion e-commerce company that is expanding internationally. It sells products worldwide through a flexible supply chain centered on small-batch production and rapid response, and is listed in Hong Kong under a

According to Lookonchain monitoring on August 28, a suspected insider wallet (0x2078) purchased 2 million FRIEND tokens for 1.88 ETH (approximately $4,700) before the token's price surge. The wallet subsequently sold the entire position at 20.25 ETH (approximately $50,800), realizing a

According to PANews (Lookonchain data), FRIEND token surged nearly 30 times on August 28 following Huang Lixing's $1 million offer to acquire Friendtech. On-chain analysis also detected a suspected insider wallet (0x2078) that had been dormant for 6 months, buying 2 million FRIEND with 1.88 ETH

According to ChainCatcher, Brazil's central bank has developed a real-time crypto threat warning system in partnership with Hypernative to help banks and local crypto exchanges identify attacks, respond, and trace funds. The system follows a July 2025 incident where cybercriminals exploited a

According to BlockBeats and TradingBeats monitoring, on August 28, a Polymarket trader completed five consecutive Yes positions between 14:00–14:02 betting on Federal Reserve rate cuts across multiple scenarios, including 25 basis points in

Shiba Inu (SHIB) closed above its 20-week moving average for the first time since September 2025, ending an 11-month downtrend. The breakout coincided with Japan's Financial Services Agency approving Laser Digital Japan, a Nomura-backed exchange, to list SHIB on August 21. The approval marks Japan's

According to U.Today, Shiba Inu (SHIB) closed above its 20-week moving average on August 21 for the first time since September 2025, ending an 11-month downtrend. The breakout coincided with Japan's Financial Services Agency approving Laser Digital Japan, a Nomura-backed exchange, to list SHIB

Gate News message, Chainlink added 92K $LINK (~$1.1M) to its strategic reserve yesterday. Over the past 30 days, the reserve has accumulated 598.3K $LINK (~$5.62M). Total holdings: 5.67M $LINK (~$66.44M). Address:

Strategy Inc. (Nasdaq: MSTR) saw its diluted market value to net asset value (mNAV) premium compress to approximately 0.74x on August 27, according to Arthur Hayes during a recent appearance on Laura Shin's Unchained Podcast. The company holds 840,447 BTC but faces roughly $1.5 billion in annual

OneKey's security team successfully reproduced a transaction replacement attack targeting Ledger's outdated Ethereum app version 1.22.1 in a controlled test environment. OneKey founder and CEO Yishi Wang stated they exploited a previously patched vulnerability that allowed attackers to overwrite

According to on-chain analyst Ai Yi, a BIT-linked entity opened long positions totaling $49.98 million in ETH through three new addresses on August 28, with an average entry price of approximately $2,485. The combined position ranks as the seventh largest ETH position on