Crypto Markets & On-Chain Ecosystem Developments

According to BlockBeats, Microduck, a meme coin modeled after Hugging Face's open-source chatbot, broke $20 million in market capitalization on August 29, marking a new all-time high. The token surged 350% in 24 hours with trading volume reaching $10.8 million.

Ethena Foundation announced a conditional ENA buyback proposal on August 27, with governance voting closing September 2. The buyback mechanism activates once USDe synthetic stablecoin supply reaches $7.5 billion, at which point 95% of net protocol revenue would fund automated ENA purchases on the op

Solana validators approved proposal SGP 0002 to double the rate at which SOL inflation declines, with 67% of participating stake in favor. The measure received support from 176.29 million SOL, narrowly clearing the required 66.67% threshold. The proposal implements SIMD 550, increasing Solana's

According to BlockBeats and DefiLlama, Pons platform's token issuance fees surged to $2.21 million in 24 hours on August 29, reaching 6th highest fees across all networks and becoming the second-largest token issuance platform by fees. The platform's token deployment volume continues to lead

According to Reuters, on Friday, Aug. 28, BIS General Manager Pablo Hernández de Cos questioned whether stablecoins can credibly function as a means of payment at scale. He argued that tokenized bank deposits offer a stronger alternative for harnessing tokenization while preserving the monetary

According to RedStone, a blockchain oracle provider, real-world assets (RWA) on the Stellar network surged to $3 billion in July, up significantly from $785 million in January, while the network's total DeFi locked value remained at just $213 million. The growth was driven by four major products:

According to The Defiant, on August 29, Circle natively deployed USDC and EURC on Plasma and launched its cross-chain transfer protocol (CCTP) and Bridge Kit. USDC now natively supports 37 blockchains, EURC supports 8 chains, and CCTP covers 28 chains. The deployments enable fiat on-off ramps for

According to Jiaozhuo, Bitcoin spot ETF saw net outflows of $202 million on Friday, ending a consecutive 9-day inflow streak. Ethereum spot ETF maintained momentum with net inflows of $102 million during the same

According to PPP prediction tool monitoring, an account (0xc9a24fa249cf907c598544a4d46c077c1edf77d3) purchased $117,000 in betting contracts on LGD defeating TES on Polymarket today, August 29. The position was opened at an average price of 34.8 cents with 335,483 shares. The LGD vs. TES matchup

According to Jiang Zhuoer, founder of Litbit Pool, Bitcoin ETF saw net outflows on August 29, ending nine consecutive days of inflows. Jiang noted that amid Federal Reserve Chair Powell's hawkish comments, BTC faces its first significant test since the recent rally. Jiang confirmed that he

According to ChainCatcher, Hyperliquid's permissionless HIP-4 deployment framework has begun rollout, with the first Outcome DEX built on HIP-4, called 'OUT', completing its deployment. Per Hyperliquid's developer documentation, HIP-4 enables deployers to create YES/NO or multi-outcome markets

According to New York Division of Consumer Protection, on Aug. 26 the agency warned of surging investment scams after 144,041 consumers reported losing more than $8 billion in 2025, a 38% increase from 2024, with a median individual loss of $10,560. Investment fraud became the costliest category

According to Foresight News, Ajna v2 suffered an accounting manipulation attack on August 29, resulting in losses of approximately $775,000. Defimon Alerts identified that the exploit targeted multiple liquidity pools including syrupUSDC, wstETH, rETH, cbETH, WBTC, WETH/USDC, and sDAI. Ajna has

According to Bitcoin.com News, Polish PM Donald Tusk called for a re-vote on the Crypto-Asset Market Act on Friday after the Zondacrypto exchange collapsed in a $94 million fraud scandal. Tusk, speaking during a council of ministers meeting, stated the law must be revisited as President Karol

Ripple Prime launched Delta One, a total return swaps business for institutional clients covering U.S. equities, indices, and digital assets, on Aug. 27. The offering enables hedge funds, asset managers, and other institutions to execute derivatives across supported asset classes through a single co