Crypto Markets & On-Chain Ecosystem Developments

According to BlockBeats, approximately 81,700 Bitcoin options contracts valued at $6.44 billion will expire on Deribit on Friday (August 26) at 16:00 Beijing time. The options are heavily skewed toward call positions, with a Put/Call ratio of 0.83. The most concentrated strike prices are $75,000

Roman Storm, co-founder of crypto mixing service Tornado Cash, will face a retrial on April 26, 2027, as ordered by U.S. District Judge Katherine Polk Failla on Tuesday. The retrial was postponed in light of Storm's pending motion for acquittal filed in September 2025. Storm was convicted on a

According to The Block, U.S. District Judge Katherine Polk Failla ordered on Tuesday (August 26) that Tornado Cash developer Roman Storm's retrial will begin on April 26, 2027, in New York. Storm, co-founder of the crypto mixing service, was convicted in August 2025 on a money transmitting count

According to BlockBeats, citing TradingBeats monitoring, NVIDIA futures contracts on Hyperliquid saw open interest plummet 37.2% to $97.9 million on August 26 ahead of earnings. The contract was trading at $213.72, up 1.4% in 24 hours. Among mega-sized addresses, the largest long position (0xbbf) h

Bitwise Asset Management launched Automated Token Portfolios for qualified non-US investors. The product allows investors to hold tokenized US equities in self-custodial wallets with automated rebalancing. Bitwise introduced the portfolios, branded ATPs, one day after Coinbase launched tokenized

On August 26, Hyperliquid activated AQAv2 for USDC, redirecting approximately 90% of stablecoin reserve yield revenue to its Assistance Fund, which will use the income to conduct open-market purchases of HYPE tokens. With approximately $5 billion in USDC circulating on Hyperliquid, market analysts e

According to infiniFi, the DeFi protocol announced its token generation event (TGE) will take place in Q4 2026. Starting from tomorrow (August 26, 11:00 AM ET) until TGE, infiniFi Points rewards will increase significantly with a new fixed allocation mechanism that prevents dilution from new

According to MEXC, on Aug 27 from 4:00–7:00 a.m. Korea Standard Time, the exchange will temporarily reduce the maximum leverage for NVDAUSDT perpetual futures contracts to 20x from 200x. The adjustment also lowers leverage for copy trading and grid bot functions from 50x to 20x. MEXC cited the

According to Cryptopolitan, Robinhood Chain recorded $85.1 million in real-world asset trading volume yesterday (Aug 25), marking a new all-time high. Tokenized stock trading accounted for $66.6 million, representing 78% of total volume, while ETF and U.S. Treasury-related trades contributed $4.8 mi

Kinetiq unveiled Elysium on August 24, an upcoming Layer 2 network for the Hyperliquid ecosystem that will use HYPE as its native gas asset. The L2 is designed to address performance constraints encountered by applications operating through HyperEVM while targeting higher-performance execution for s

Goldman Sachs and Canaccord Genuity raised price targets on Coinbase and Strategy stocks on August 25 following Bitcoin's rebound toward $80,000. Goldman Sachs analyst James Yaro increased Coinbase's 12-month price target to $196 from $173 while maintaining a Buy rating, and Canaccord Genuity analys

On August 24, Kinetiq unveiled Elysium, an upcoming Layer 2 network built for the Hyperliquid ecosystem that will use HYPE as its native gas asset. Elysium is designed to provide higher-performance execution for spot trading, token launches and decentralized finance applications while maintaining co

X is preparing to add trading buttons alongside cryptocurrency and stock market data displayed within its social-media feed, former product chief Nikita Bier said on August 25. Bier stated that 'trade buttons' are coming soon to X's Cashtags feature, which already allows users to embed and view cryp

According to Bloomberg, Bitcoin held in self-custody wallets declined for the first time in approximately 15 years as large holders increasingly migrate to tax-efficient alternatives. BlackRock's iShares Bitcoin Trust (IBIT) has absorbed more than $3 billion in Bitcoin through in-kind ETF creation b

According to BitMEX co-founder Arthur Hayes, Bitcoin's latest rally was fueled by the U.S. Treasury's August 19 announcement to double its long-end bond buyback limits from $2 billion to $4 billion per operation through November 4. Bitcoin surged approximately 8.7% immediately after the announcement

According to Digital Asset, Hyperliquid launched AQAv2 (Aligned Quote Asset v2) mechanism on August 26, directing a portion of USDC reserve yields toward repurchasing and burning HYPE tokens to reduce circulating supply. Circle handles USDC technical deployment while Coinbase manages reserve

According to Bloomberg, Revolut launched euro-pegged stablecoin EURR for qualified customers in Denmark, Poland, and Portugal. The fintech company described EURR as the "first step" of its stablecoin strategy, with plans to introduce tokens pegged to other fiat currencies to expand digital

According to Odaily, Manus announced yesterday on X that its services have returned to normal operation and the data recovery feature is now available. Users with prior backups can restore their data at any time with no deadline restrictions. The platform attributed the temporary disruption to

According to BlockBeats, Binance Alpha launched trading for Teller (DEBIT) on August 26 at 10:00 UTC, becoming the first platform to list the token. Users with at least 240 Binance Alpha points can claim 50 DEBIT tokens on a first-come-first-served basis. If the reward pool is not fully

According to on-chain data, BTC long positions have maintained stable levels since August 23, with price increases followed by neutral consolidation, according to BlockBeats on August 26. Meanwhile, BTC short positions have continuously declined since August 17, indicating sustained liquidation