Crypto Markets & On-Chain Ecosystem Developments

According to Lookonchain monitoring, Metaplanet deposited 1,350 BTC (approximately $108 million) to Coinbase Prime earlier today (August 28). The Bitcoin mining company has accumulated 43,000 BTC with an average purchase price of $96,191, totaling approximately $3.48

LBank launched its Physical Card, extending its cryptocurrency ecosystem into everyday payments through the global Visa network. Eligible users can apply through the official platform and use funds held in their LBank spot accounts at supported Visa merchants and ATMs worldwide. The card is

According to ChainCatcher, Dunamu, the operator of Upbit, signed a strategic partnership with Visa to collaborate on stablecoins and AI-powered financial services. The two companies are also exploring integration of Open Standard's OUSD into future business

Dallas Fed researchers Rosie Levy and Srini Ramaswamy published research warning that 24/7 tokenized deposits could reduce the U.S. banking system's capacity for maturity transformation by approximately $580 billion. The report argues that instant settlement technologies and automated

According to 0xbow.io, the Ethereum Foundation-backed privacy and compliance tool has paid researcher ross.wei a $5,000 bounty for disclosing a vulnerability in Privacy Pools v1 SDK that could reduce entropy in user account master key generation. The vulnerability was patched in March with a

On Thursday, New Zealand's ACT Party proposed waiving capital gains tax on cryptocurrency assets held for over one year to encourage long-term retail investments, according to the party's official statement. The conservative party, which holds 11 seats in Parliament, exempts individual investors

According to Odaily, the probability that Moonshot will rank second among Chinese AI companies on Arena.ai's Text Arena Overall leaderboard reached 91% on Polymarket as of late August, up 72% in 24 hours. The ranking will be determined on September 1 at 00:00 Beijing time (August 31 at 12:00

According to BlockBeats and CoinGlass, on August 28, Bitcoin trades at $79,564.25 (up 1.24% in 24 hours) with weighted funding rates of 0.0070% and 0.0057%, both in neutral territory. Ethereum trades at $2,482.63 (down 0.07% in 24 hours) with weighted funding rates of 0.0027% and 0.0039%, both

Sportradar Group AG, the Swiss sports data company listed on NASDAQ under ticker SRAD, expanded its partnership with Polymarket to cover more than 20 sports leagues and competitions globally. The deal provides approximately 300,000 matches per year worth of premium data, live streaming rights, and i

According to New York Times reporting, Donald Trump Jr. urged Republican state attorneys general in March not to pursue prediction markets, arguing that states should instead fall under federal oversight rather than state gambling regulations. Trump Jr. made the remarks at a Republican Attorneys

According to BlockBeats, on August 28, Liquid Capital founder Yi Li Hua stated that Bitcoin has not yet broken through the resistance level near $81,000. He anticipates a minor pullback over the coming days before the price continues to rise and breaks through this region. The next key resistance le

The UK government plans to give the Bank of England a secondary objective to support innovation in stablecoins, tokenized finance and digital payment infrastructure. City Minister Lucy Rigby said the mandate would help the Bank drive innovation in payments and digital finance while keeping

According to PANews, OKX Director Lennix outlined on August 28 how financial markets are accelerating toward asset tokenization and continuous trading. Speaking at the Bitcoin Asia 2026 roundtable on the rise of super financial applications, Lennix emphasized that users increasingly expect to

The UK government plans to grant the Bank of England a secondary objective to support innovation in stablecoins, tokenized finance, and digital payment infrastructure, according to official government announcements. The change will place stablecoins and digital settlement assets within the Bank's re

According to Grayscale, on August 28, Bitcoin's 90-day correlation with the Nasdaq-100 index has fallen to approximately 33% from over 60%, while its correlation with gold has risen to above 50% from near zero at the start of the year. Grayscale Research Head Zach Pandl attributed the shift to

According to Coinglass, the crypto Fear and Greed Index reached 72 today (August 28), up 2 points from yesterday. The 7-day average stands at 70, while the 30-day average is 41.

According to BlockBeats and TradingBeats monitoring, two previously inactive addresses on Hyperliquid received approximately $10 million USDC this morning (August 28) and subsequently opened 8,000 ETH positions

Sheikh Tahnoon bin Zayed Al Nahyan's group backs a 49% stake in the holding company behind World Liberty Financial's proposed US trust bank, the Wall Street Journal reported. StringZ Holding RSC owns 49% of WLTC Holdings, while a Trump-family affiliated entity holds another 38%, according to

According to ChainCatcher, the U.S. Securities and Exchange Commission has approved the merger filing between Evernorth, an XRP treasury company backed by Ripple, and Armada Acquisition Corp. II. Armada shareholders will vote on September 30; if approved, the merged entity will list on NASDAQ

According to Odaily, Solana's development firm Anza has activated the first phase of SIMD-0437 proposal on testnet, beginning tests to reduce account rental fees. The proposal includes five functional gates, with only the first gate currently enabled pending full deployment to mainnet. Upon