Crypto Markets & On-Chain Ecosystem Developments

Gate News bot message: Gate market data shows that ETH has fallen below 2,500 USDT and is currently trading at 2,491.32 USDT.

According to BlockBeats, citing Blockaid monitoring, Moonwell on the Base chain suffered an attack today (August 27). The attacker manipulated MAMO collateral prices to borrow cbBTC from the mCBTC market. A total of 50.6 cbBTC worth over $4 million has been transferred

According to BlockBeats, on August 27, fixed-rate lending protocol TermMax (parent company Term Structure Labs) announced receiving strategic investment from YZi Labs; the investment amount was not disclosed. TermMax has raised over $8 million in total funding, with previous backers including

According to BlockBeats, on August 27, Tornado Cash co-founder Roman Storm claimed that blockchain analysis firm Chainalysis operated a Tornado Cash Relayer in 2022 and collected transaction fees from it, citing public court filings. Storm questioned why Chainalysis, which partners with the U.S.

Coinbase closed at $187.16 on August 26, 2026, after the company reported Q2 2026 revenue of $1.22 billion, down 19% year-over-year, alongside a net loss of $359.5 million—its third consecutive quarterly GAAP loss. However, Coinbase captured an all-time-high 10.3% of global crypto trading volume, it

According to The Sandbox, attackers exploited vulnerabilities in cross-chain configuration contracts on Base and BNB Chain on August 22, draining 14,742,341.84 SAND (approximately $1.50 million) from the ethereum vault. The Ethereum mainnet and Polygon were unaffected. Contracts deployed on Base and

According to BitcoinTreasuries.NET, Strategy stock hit $128 for the first time in 10 weeks, while its Bitcoin holdings currently show $4 billion in unrealized gains.

According to Alphactal CEO Joao Wedson, Binance's spot trading volume is only about 10% of its perpetual futures volume as of August 27. The market structure continues to show a strong preference for derivatives trading over spot trading, reflecting an increased tendency among traders to use derivat

On August 27, 2026, from 09:15 to 09:30 (UTC), ETH rose 0.74% within 15 minutes, climbing from 2530.79 USDT to 2566.33 USDT, with a price range of 1.40%. ETH extended its recent strength, gaining approximately 3.90% over 24 hours and reaching around $2542, breaking through the 2025–2026 resistance cluster and now facing a test of the 0.618 retracement level from 2022. Market attention has increased significantly, and volatility has clearly intensified. The primary driver of this move was the spi

Ethereum broke above its multi-month consolidation range, with ETH trading around $2,480 to $2,500 and posting a 1% gain on the day, according to CoinMarketCap data. The token surged over 31% in the past week, marking its highest weekly close since May 2025, as it escaped the $2,200 to $2,300 range

SUI token ETFs have accumulated over 9.3 million tokens across 12 consecutive weeks of non-negative flows since June, according to analyst Ali Martinez, even as the token's price fell to $0.7874 after failing to break resistance near $0.84. The sustained institutional buying contrasts with

From 09:15 to 09:30 on August 27, 2026 (UTC), BTC rose 0.78% over 15 minutes, with its price ranging from 79,789.8 to 80,494.4 USDT and an amplitude of 0.88%. This was a moderate, gradual bullish advance rather than an explosive move. The primary driver of this move was the continued escalation of geopolitical risks. The US-Iran conflict has remained unresolved for six months, shipping through the Strait of Hormuz has been severely disrupted, and multiple intelligence facilities in the Middle Ea

According to CoinMarketCap data, Ethereum surged 31% this past week, marking its highest weekly close since May 2025, with ETH currently trading near $2,480-$2,500 and up approximately 1% on the day. The token has broken out of a $2,200-$2,300 consolidation range that trapped it for months and is

According to Foresight News, USDD and Pendle launched the second phase of their sUSDD incentive campaign today (August 27), doubling total rewards to $600,000. The campaign runs for 91 days through November 26, enabling users to pursue yield-generating circular lending strategies while maintaining p

According to analyst Ali Martinez, SUI exchange-traded funds have posted 12 consecutive weeks of non-negative inflows since June, accumulating over 9.3 million SUI tokens based on Glassnode data. However, the token slipped to $0.7874 after failing to clear $0.84, trading near its $0.7855 daily low d

According to Arkham Intelligence, on August 27, the U.S. government moved 0.0048 BTC (worth approximately $377) seized from Alameda Research's Binance.US accounts from roughly three years prior. The transfer purpose remains unconfirmed by any federal agency, and Arkham did not identify the move as a

South Korean cryptocurrency exchange Bithumb won first-instance rulings on Wednesday and Thursday in two lawsuits against users to recover proceeds from Bitcoin it mistakenly credited to their accounts. The Seoul Central District Court ruled for Bithumb in two of four lawsuits against users who

According to Chosun Biz, South Korea's Seoul Central District Court ruled in favor of Bithumb on Wednesday and Thursday in two unjust enrichment lawsuits. The rulings involved claims for 194 million won ($140,000) and 5 million won ($3,600) from users who sold Bitcoin mistakenly credited to their

Researcher Avihu Levy executed an experimental quantum-resistant Bitcoin transaction on mainnet in block 964,199, spending a 10,000-satoshi output without altering Bitcoin's consensus rules, according to StarkWare. The transaction demonstrated a method to protect individual outputs against

According to Gate trading data, Ethereum broke through $2,550, currently trading at $2,555.55 with a 24-hour gain of 4.41%.