Crypto Markets & On-Chain Ecosystem Developments

Thirty-nine statewide banking associations across the United States announced the joint formation of the “BankChain Alliance,” with plans to build a nationwide blockchain network owned, designed, and governed by the banking industry. The network is targeted for official launch in 2027 to support financial services such as tokenized deposits, stablecoins, and automated settlement. According to data released by the alliance, the 39 statewide banking associations collectively represent approximatel

According to ChainCatcher, Peter Schiff expressed skepticism about MSTR's sharp rally today, attributing it primarily to short covering. The Bitcoin bear reiterated his "death spiral" thesis for the company, noting that while Bitcoin's temporary rebound may briefly extend MSTR's lifespan, his long-t

According to on-chain analyst Yujin, on August 28, an institution linked to a16z, the largest HYPE holder, purchased 441,000 HYPE tokens for $36 million over two days at an average price of $81.6 per token. All purchased tokens were staked immediately. The institution now holds a total of 4.826 mill

Gate News reports that on August 28, according to Gate market data, RDNT (Radiant Capital) was trading at $0.000818 as of press time, up 44.22% over the past 24 hours. It reached a 24-hour high of $0.001025 and a low of $0.000396, with trading volume totaling $508.5k. Its current market cap is approximately $1.18M. Radiant has built the first omnichain money market on LayerZero. It aims to become the first comprehensive money market where users can deposit any major asset on any major chain and

According to TenArmorAlert, CCC token on BSC suffered an attack on August 28, resulting in approximately $117,000 in losses. The attack exploited the contract's sell() function to destroy CCC tokens from the LP pool, causing abnormal price

According to ChainCatcher, CCC tokens on BSC were attacked on August 28, resulting in losses of approximately $117,000. The attack exploited the contract's sell() function to destroy CCC tokens from liquidity pools, causing abnormal price

Gate News reports that on Aug. 28, according to Gate market data, SKR (Solana Mobile) was trading at $0.0101 at press time, up 32.96% over the past 24 hours. The token reached a high of $0.0127 and a low of $0.00821, with 24-hour trading volume reaching $869.7k. Its current market capitalization is approximately $62.0137 million. Seeker is committed to building a decentralized mobile ecosystem aimed at challenging the monopoly of traditional mobile giants through its TEEPin network architecture

According to Bloomberg, on August 28, the U.S. Securities and Exchange Commission proposed a new framework allowing public token sales without completing full SEC registration, permitting smaller projects to raise up to $5 million and larger projects up to $75 million annually. The proposal

According to OneKey's Anzen security team, on Aug 28, they reproduced a transaction-swap vulnerability in Ledger's Ethereum app version 1.22.1. The flaw creates a race condition between transaction display logic and the underlying buffer, allowing attackers to replace the transaction shown on a

The prediction market platform Kalshi’s latest Form D filing with the U.S. SEC reveals that, since April 3, the company has raised approximately $1.12 billion through multiple rounds of private placements. According to The Information, Kalshi has entered the “deep discussion stage” with Sequoia Capital and Wellington Management regarding a new $750 million funding round targeting a valuation of $40 billion. SEC Form D Disclosure: $1.12 Billion Raised Kalshi’s latest SEC Form D filing shows that,

According to Odaily, Solana's SGP-0002 double-deflation proposal has reached the voting quorum threshold as of August 28, with a current approval rate of 68.56% and participation rate of 47.26%. Voting concludes in approximately 13 hours. The proposal seeks to increase Solana's annual deflation rate

Gate News reported on August 28 that, according to Gate market data, MOVR (Moonriver) was trading at $0.965 as of press time, up 36.96% over the past 24 hours. The token reached a high of $1.17 and a low of $0.622, while its 24-hour trading volume stood at $978.1k. Its current market cap is approximately $12.1285 million. Moonriver is an EVM-compatible blockchain that operates as a parachain on the Kusama network. EVM compatibility allows Ethereum-based applications to be deployed on Moonriver.

Gate News bot message: Gate market data shows that BTC has fallen below 80,000 USDT, with the current price at 79,985.2 USDT.

According to Artemis data, x402 protocol reached 2.1 million daily transactions on August 26, marking an all-time high. Payai processed 1.3 million transactions, while Figment handled 687,000. Total transaction volume was approximately 28,900 USDT, with an average fee of just 0.0138 USDT per transac

According to BlockBeats, the Ethena Foundation announced optimization measures for the ENA ecosystem on August 27, including buybacks of locked tokens from early investors, further alignment of token and equity value, a governance proposal to use protocol revenue for ENA buybacks, and cancellation o

According to Coinglass, Hyperliquid whale positions currently total $7.29 billion today, with long positions at $3.49 billion (47.87%) and short positions at $3.8 billion (52.13%). Long positions show unrealized gains of $456

According to ChainCatcher, Shanghai's Hongkou Public Security Bureau recently arrested nine suspects and dismantled virtual currency platforms involved in approximately 200 million yuan in illegal cross-border settlements and unauthorized foreign exchange trading. The suspects allegedly developed a

According to BlockBeats, Shanghai's Hongkou Public Security Bureau arrested nine criminal suspects on August 28 in connection with illegal virtual currency cross-border settlement and unauthorized foreign exchange trading operations, involving over 2 billion yuan. The suspects had established a

According to Mirae Asset chairman Park Hyun-joo on August 26, the group plans to secure 300 billion won (approximately $230 million) in external investment for Digital X exchange in the first quarter of 2027. Mirae Asset, which owns 97.15% of Digital X (formerly Korbit), has already completed 500 bi

According to ChainCatcher, Ethereum core developers have recently approved account abstraction proposal EIP-8141 to be included in the Hegotá upgrade, moving it from "under consideration" to "scheduled" status. The EIP was initially proposed in March as a priority feature for the upgrade, with