Crypto Markets & On-Chain Ecosystem Developments

According to ChainCatcher citing GMGN data, Zcash (ZEC) led hot sector tokens over the past 24 hours, trading at $1,190.52 with an 11.6% gain and $89 million in trading volume; market cap stands at $200 million. Stonk (STONK) ranked second, up 65.1% to $0.1573 with $200 million traded.

U.S. mortgage company Better and Coinbase’s jointly launched Bitcoin-backed mortgage officially began accepting applications nationwide in late August. According to data Better provided to CoinDesk, the total value of preapplications has reached $360 million, exceeding the $260 million estimated during the waitlist period. Better may rehypothecate borrowers’ collateralized Bitcoin while maintaining an equivalent amount of BTC. Current Application Status and Two-Loan Structure of Bitcoin-Backed M

According to DefiLlama data, Robinhood chain's DeFi total value locked reached $908.6 million in the past week, up 29.62% and ranking first among major blockchains by growth rate. The network recorded $1.613 billion in DEX trading volume over the past 24 hours, placing it third across all chains.

Chilean crypto exchange Orionx announced on X on September 4 that it had initiated a permanent shutdown process. The trigger was a legal audit that uncovered more than $7 million in customer Assets. Orionx filed a criminal complaint with Chilean prosecutors on September 3. Tether exclusively led Orionx’s Series A in June 2025, approximately 15 months before the collapse. Orionx Collapse Timeline According to the contents of Orionx’s criminal complaint, as cited by Chilean newspaper La Tercera, t

According to BlockBeats, Flap launched its permissionless launchpad on BNB Chain on September 7, introducing custom quote token functionality. Users can now input any token contract address directly to create trading pairs and

Upbit will cease trading in the BONK/KRW and BONK/USDT Trading Pairs on Sept. 7, canceling all open orders at that time; BONK withdrawal services will continue until Oct. 7. Upbit explained that the root causes of the warning issued in July were the BonkDAO security incident and insufficient information disclosure. However, competitor Bithumb lifted the warning and continued listing BONK on Aug. 7. Upbit to Cease BONK Trading; Withdrawals Available Until Oct. 7 Upbit announced that trading in th

BTC.TOP mining pool co-founder Jiang Zhuoer posted on X on Sept. 6, explaining that he had sold his entire Bitcoin position at $82,000 approximately two days earlier (around Sept. 4). The liquidation Heatmap showed that the concentrated liquidation zone below $76,000 was nearly 10% larger than the zone above $83,000. Jiang Zhuoer characterized this phenomenon as a “magnetic attraction effect” and believed that the market was more likely to reach the lower liquidation zone first. Jiang Zhuoer: Re

According to Galaxy Research, attackers from the Coldcard Wave 3 breach continue to move stolen funds, with approximately 45% already routed through mixing or cross-chain services as of early September 2026. The attackers have sequentially processed the 11 largest vaults by amount transferred. An ad

TokenWorks’ on-chain random NFT acquisition protocol FWA (Fake World Assets) surpassed 17,239 ETH in cumulative Filled Amount one month after launching on the Ethereum mainnet, with more than 162,000 draw settlements completed. At its peak activity on July 25, FWA briefly became Ethereum’s largest single Gas consumer across the Global network, temporarily surpassing Tether and Circle. FWA Core Mechanism and First-Month Data According to the FWA Pulse data dashboard, FWA’s core metrics for its fi

Harmony announced Sunday it plans to sunset its Layer 1 blockchain and migrate its native ONE token to Ethereum, with validators ceasing node operations starting Sept. 10. The platform cited continued security threats from state actors and AI agents as the reason for the shutdown, stating the Harmon

According to Harmony's announcement on Sunday, the Layer 1 blockchain platform plans to fully sunset its mainnet and migrate its native ONE token to Ethereum, citing ongoing security threats. The platform will compensate validators transitioning off the network with $1.37 million for those who

According to @lookonchain, a self-identified white-hat hacker has drained 3,998.5 Bitcoin valued at approximately $319.5 million from the Liquid Network, a layer-2 solution for Bitcoin transactions. The claim of white-hat status has raised questions about the hacker's true intentions, as the

According to HTX market data, BNB surpassed the $750 level, trading at $750.29 with a 24-hour decline of 1.52%.

According to GMGN data, Solana-based meme token ZCAT surged to $180 million market cap overnight, setting a new all-time high. The token is currently trading at $137 million with a 24-hour gain exceeding 130%.

According to on-chain analyst Ai Yi monitoring, two wallets suspected to be related to the Ethena project team have cumulatively transferred $6.75 million worth of ENA to exchanges since September 3. Over the past 15 hours, the addresses deposited 19 million ENA (approximately $3.29 million) to

Gate News, Sept. 7 — According to Gate market data, as of press time, RAY (Raydium) is trading at $1.24, up 29.56% over the past 24 hours. It reached a high of $1.44 and a low of $0.94, with 24-hour trading volume reaching $3.7626 million. Its current marketcap is approximately $334 million. Raydium is an automated market maker (AMM) and liquidity provider built on the Solana blockchain for DEXs. As an AMM on Serum, it has a first-mover advantage and has become an important part of bringing new

Gate News: On Sept. 7, according to Gate market data, KCT (Konnect) was trading at $0.00263 as of press time, up 36.47% over the past 24 hours. It reached a high of $0.00293 and a low of $0.00198, with 24-hour trading volume reaching $393,600. Its current marketcap is approximately $193.712 million. Konnect is a global financing platform committed to breaking down the barriers between traditional finance and Web3. Through RWA (real-world asset) tokenization technology, the platform integrates We

U.S. spot bitcoin ETFs reported $986.9 million in net inflows for the week ended Sept. 4, extending positive flows to three straight weeks amid renewed institutional demand, according to SoSoValue data. Spot ether ETFs recorded $218.4 million in net inflows last week, also marking their third

According to Token Terminal, SPY on Robinhood Chain surged 1,314% over the past 30 days, reaching $17.4 million in volume. Other tokenized stocks also posted significant gains, with rGOOGL on Arbitrum rising 531% and HOODb on BNB Chain climbing 429%, indicating growing investor interest in tokenized

According to SoSoValue, U.S. spot Bitcoin ETFs recorded $986.9 million in net inflows last week (week ended Sept. 4), marking their third consecutive week of positive flows. BlackRock's IBIT led with $691.5 million in net inflows for the period. Spot Ether ETFs also saw $218.4 million in net inflow