Crypto Markets & On-Chain Ecosystem Developments

BitGo completed the acquisition of NYDIG's institutional trading business on Thursday, Aug 27, according to a company announcement via BusinessWire. The transaction includes NYDIG's institutional client relationships and approximately 30 employees who joined BitGo. The acquired business provides

According to reports, Dunamu (Upbit's parent company) and Visa signed a partnership on Aug. 27 in San Francisco covering stablecoin payments, cross-border remittances, and AI-integrated financial infrastructure. The deal centers on Open USD (OUSD), a dollar-pegged stablecoin backed by a consortium i

Bullish provided USD.AI with a $100 million stablecoin debt facility on Friday to finance loans secured by GPU infrastructure, the companies announced. USD.AI will deploy the facility to lend to AI infrastructure operators, with loans backed by underlying GPU hardware rather than borrowers'

According to finalized voting results on the Solana Governance platform, validators approved SGP-0002 today, doubling the network's annual disinflation rate from 15% to 30%, with 67% support. The proposal received 25.16% votes against and 7.84% abstaining, with 60.7% participation from eligible

According to Legiscan, on Wednesday, California Senate passed Assembly Bill 2409 in a 40-0 vote restricting digital asset service providers from offering memecoins issued by or in partnership with public officials. The Assembly subsequently voted 78-0 to concur in the Senate's amendments, with the b

According to Poland's Justice Minister Waldemar Żurek, Radosław Piesiewicz, head of the Polish Olympic Committee, was charged on Thursday in connection with the Zondacrypto investigation. Prosecutors charged him under two provisions of Poland's Penal Code involving allegations of influence

According to Public Citizen, Donald Trump's memecoin TRUMP surged 20% to $2.93 on Friday, lifting its market cap to $705 million. The jump came as the U.S. nonprofit released a report estimating investor losses in Trump-linked crypto products at $4.7 billion, citing $1.4 billion in profits Trump

According to ChainCatcher, Unitxyz is currently purchasing $15 million worth of Hyperliquid using Coinbase Prime funds via a TWAP strategy. Upon completion, the total staked Hyperliquid will reach 1 million tokens. The acquisition supports simultaneous participation in both HIP-3 and HIP-4 staking p

According to ChainCatcher, Bitcoin fell to $77,379 on Friday afternoon (Aug 28), dropping over 3% in 24 hours after a rally driven by U.S. spot Bitcoin ETF inflows. The price retreated from a weekly high of $81,281. Net inflows to U.S. spot Bitcoin ETFs this week reached $1.14 billion, with

According to onchain data presented by The Kobeissi Letter, Solana processed a record 4.2 billion transactions in July, with SOL rallying 40% to break above $100 for the first time since February. Transaction counts rose 13.5% from June and 91% year-to-date. The surge was partly driven by the US Tr

According to Circle, the company signed Chelsea FC as principal partner beginning the 2026/27 season, placing USDC branding on the front of the club's men's, women's and academy team shirts. USDC will debut on Chelsea's Premier League jersey at the men's team's first home match of the season

According to HyperliquidNews, Abraxas Capital held over $472 million in perpetual contract short positions as of August 28, earning $21 million in 24 hours. The portfolio included $126 million in Bitcoin native asset shorts, $120 million in Ethereum shorts, $73 million in SOL shorts, and $72 million

According to finalized voting results, Solana validators approved a proposal known as SGP-0002 or Double Disinflation on August 28, with 67% support, 25.16% against, and 7.84% abstaining. Overall participation reached 60.7% of eligible stake. The proposal increases Solana's annual disinflation

According to Bitcoin.com News, on Thursday (August 27), Bitcoin ETFs crossed the $100 billion asset milestone, attracting $242.24 million led by BlackRock's IBIT fund with $277.61 million. Bitcoin ETF assets reached $100.93 billion as the 9-day inflow streak extended. Ether ETFs drew $234.51 millio

On August 26-27, TRON DAO participated in a training forum organized by Brazil's Digital Currencies Governance Group (DCGG) and National Council of the Public Ministry (CNMP) in Brasília, bringing together over 100 senior officials from Brazilian regulatory, law-enforcement, prosecutorial, and

Polish Prime Minister Donald Tusk called on parliament to organize a re-vote on the Crypto Assets Market Law on August 28, after the bill faced its third presidential veto from President Karol Nawrocki on June 11. Tusk described the Zondacrypto bankruptcy as one of Poland's largest corruption

According to Bitfinex, Bitcoin's correlation with gold has reached levels that signal the start of a bull expansion phase, with the exchange's Delta-Thermo Market Multiple reading at 2.03—at the 2.5x threshold marking the beginning of a bull phase. Bitfinex highlighted that Bitcoin trades as a

According to market analysis outlet Cryptoreviewing and Coinglass data, Bitcoin peaked at $81,455 on August 28 before tumbling to $76,877 following Federal Reserve Chair Kevin Warsh's Jackson Hole speech. The sharp reversal, occurring less than 24 hours after BTC reclaimed $80,000, triggered $107

According to market data and Cryptoreviewing analysis, Bitcoin peaked at $81,500 on Thursday but fell to $76,877 on Friday following Federal Reserve Chair Kevin Warsh's speech rejecting forward guidance. The retreat triggered $465 million in 24-hour liquidations, with $107 million wiped across

According to Galaxy Research, in the week ending August 23, Bitcoin gained $14,264, or 22.7%, closing at $77,387—the largest single-week dollar gain since the asset began trading. The rally continued afterward, with Bitcoin touching $81,000 before easing back to the $79,000 region. Galaxy's