Crypto Markets & On-Chain Ecosystem Developments

According to Hyperbot data, the largest LIT short on Hyperliquid just closed its Bitcoin and Ethereum long positions, then immediately opened 10x leverage AVAX and HYPE shorts, as well as a 20x leverage SOL short. The trader's 2.528 million LIT 3x short position is currently down $5.25 million,

According to Foresight News, early today (August 29), Jupiter Card users remain unaffected by a security incident on Solana's Avici project. Card issuer Rain briefly suspended balance withdrawals as a precaution and completed a security check, which has now concluded. Card payments remain fully

According to Foresight News, letscash.fun, a Meme token launchpad driven by the CashCat community, has updated its token supply feature to allow users to select any integer between 1 billion and 1 quattuordecillion (1B–1Qa), replacing the previous fixed supply model. Additionally, integrators must u

According to Cointelegraph, Avici announced it will provide full refunds to all 1,685 users affected by a card balance vulnerability. The total refund amount is approximately $500,859.

Ethena Foundation announced today (August 29) a conditional buyback proposal for ENA token, contingent on USDe stablecoin supply reaching $7.5 billion. The governance vote closes September 2. Once triggered, 95% of net protocol revenue would flow into automated ENA purchases on the open market.

On August 29, Solana validators approved proposal SGP 0002 to double the network's annual disinflation rate from 15% to 30%, accelerating the path to its long-term 1.5% inflation floor. The measure passed with 67% support from participating stake, representing 176.29 million SOL in favor

According to Grayscale's Aug. 27 report, Bitcoin's 90-day correlation with gold has climbed above 50%, while its correlation with the Nasdaq 100 fell to roughly 33%, citing Bloomberg data through Aug. 24. The shift reflects investors increasingly treating Bitcoin as a scarce monetary asset rather th

According to ChainCatcher, New York state officials warned that AI-generated content and fraudulent crypto projects are making investment scams increasingly deceptive. Investment fraud losses exceeded $8 billion in 2026, representing a 38% increase from 2024, with 144,041 consumers reporting losses

According to statements made on Friday, Polish Prime Minister Donald Tusk called for a re-vote on the Crypto-Asset Market Act after the $94 million collapse of cryptocurrency exchange Zondacrypto. The law has been vetoed three times by President Karol Nawrocki, leaving Poland unable to enforce EU Mi

Circle has signed a principal partnership with Chelsea FC to place USDC branding on the front of the men's, women's and academy team shirts starting from the 2026/27 season. According to Circle's official announcement, USDC will debut on Chelsea's Premier League jersey during the club's first home m

According to Arctic Wolf researchers, Dark Caracal deployed a new Go-based malware framework in June 2026 that retrieves replacement command-and-control server addresses from Ethereum smart contracts. The malware, named GoCaracal, was identified during an intrusion into a Venezuelan communications o

According to Coinglass data, Bitcoin peaked at $81,455 overnight on Aug. 28 following Federal Reserve Chair Kevin Warsh's Jackson Hole speech, then fell sharply to $76,877 within hours. The reversal triggered $465 million in 24-hour liquidations across derivatives markets. Market analysis from

According to CoinDesk, six Bitcoin wallets inactive since 2011-2014 transferred 553.59 BTC (worth approximately $40 million) between August 16-26. Five wallets sent their holdings to addresses with no known exchange affiliation, while one transferred 40 BTC to German crypto custody and trading

According to TRON DAO, the network activated GreatVoyage-v4.8.2 upgrade on August 28, implementing Committee Proposal No. 107. The upgrade introduces CLZ (Count Leading Zeros) instruction support and enables on-chain historical block hash queries, aligning TRON's virtual machine with Ethereum's

According to market analysis outlet Cryptoreviewing, Bitcoin fell to $76,877 on Aug. 28 after peaking at $81,455, following Federal Reserve Chair Kevin Warsh's Jackson Hole speech in which he rejected forward guidance citing persistent inflation risks. The sharp reversal wiped out $107 million in de

According to Coinglass data cited by ChainCatcher, the Crypto Fear and Greed Index currently stands at 67, down 5 points from yesterday. The 7-day average is 69, while the 30-day average is 43.