Crypto Markets & On-Chain Ecosystem Developments

Gate News message, a trader has opened his 15th short position after suffering 14 consecutive losses over the past 5 days. The trader lost a total of $4.56M shorting BTC and ETH in his previous 14 attempts. He has now opened a 40x leveraged short position on 300 BTC valued at $23.13M.

The U.K. government announced on Aug. 18 that a London court had wound up Key Coin Assets Ltd. a week earlier. An investigation by the Insolvency Service found no evidence the company conducted any of the crypto trading it advertised, while nine investors who reported to Action Fraud paid the firm o

According to the Insolvency Service, a London court wound up Key Coin Assets Ltd. on Aug. 11 after finding no evidence of genuine trading. The U.K. government announced the action on Aug. 18. Nine investors who reported the case to Action Fraud reported losses exceeding £300,000. Investigators

According to Coinglass data, the Crypto Fear and Greed Index reached 74 on August 24, up 7 points from August 23, indicating a greed-dominated market sentiment. The 7-day average stands at 61, while the 30-day average remains at 36.

According to BlockBeats, Robinhood co-founder Vlad Tenev said on a recent episode of The Iced Coffee Hour podcast (aired August 24) that on-chain developers have built unique liquidity pools and protocols combining meme coins, core crypto assets, and stock tokens—exceeding the company's initial

Decentralized lending protocol Term Finance lost an estimated $8.5 million after an attacker exploited governance control of its strategy vaults on Sunday, according to blockchain security firms PeckShield

Bitcoin (BTC) recorded its largest dollar-denominated weekly gain in history, gaining $14,264 to close the week at $77,387, representing a 22.7% gain in seven days. The rally was triggered by the U.S. Treasury Department's announcement last week of an expansion of its buyback program, which

According to The Block, Bitcoin (BTC) recorded its largest dollar-denominated weekly gain in history during the week ended August 21, gaining $14,264 to close at $77,387 for a 22.7% increase. The rally was triggered by the U.S. Treasury Department's announcement of an expansion of its buyback

According to BlockBeats, trader Killa predicted on August 24 that Bitcoin's pullback after the recent rally would be shallow, with 70,000-73,000 likely serving as the bottom and supporting a subsequent break above 80,000. Killa, a quantitative trader focused on BTC with over 200,000 X followers,

According to Euromonitor data, the global consumer credit market exceeded $21 trillion in 2025 and is expected to reach $25.5 trillion by 2030, while on-chain consumer credit remains at a very early stage. After the Pharos consumer lending vault launched this year, pre-deposits reached the $50 million cap within 48 hours, with approximately $35 million in committed deposits at the official launch. Three Structural Changes Brought by Putting Consumer Lending On-Chain Compared with traditional con