Crypto Markets & On-Chain Ecosystem Developments

According to Wu Blockchain citing Blockworks Research data, Hyperliquid's Builder Codes ecosystem processed a record $984 million in daily perpetual futures trading volume on August 21. Builder Code protocols generated approximately $782,000 in combined revenue during the session, with MetaMask

Gate News message, a trader has opened his 15th short position after suffering 14 consecutive losses over the past 5 days. The trader lost a total of $4.56M shorting BTC and ETH in his previous 14 attempts. He has now opened a 40x leveraged short position on 300 BTC valued at $23.13M.

According to BlockBeats, DeFi tokens led gains on Aug 24, with SPK surging 26% daily (up 44.8% weekly) and MORPHO climbing 20.84% to $2.751. AAVE gained 16.76% to $144.07, while PENDLE rose 14.34% to $1.847. ENA added 13.64% to $0.1685. ETHFI, LDO, and MET also advanced over 10%, according to HTX da

The Sandbox contained a cross-chain bridge security breach on August 22 that allowed attackers to mint enormous quantities of unbacked SAND on Base and BNB Smart Chain, prompting major cryptocurrency exchanges to restrict transfers. Initial on-chain alerts showed more than 500 million SAND had

On August 22, security researchers identified approximately 14.9 billion SAND minted across two attacker-linked addresses on Base and BNB Smart Chain, according to PeckShield. On-chain alerts revealed attackers gained control over permissions in The Sandbox's LayerZero-based cross-chain

The U.K. government announced on Aug. 18 that a London court had wound up Key Coin Assets Ltd. a week earlier. An investigation by the Insolvency Service found no evidence the company conducted any of the crypto trading it advertised, while nine investors who reported to Action Fraud paid the firm o

According to the Insolvency Service, a London court wound up Key Coin Assets Ltd. on Aug. 11 after finding no evidence of genuine trading. The U.K. government announced the action on Aug. 18. Nine investors who reported the case to Action Fraud reported losses exceeding £300,000. Investigators

On Friday, August 21, U.S. stocks closed higher, with the Dow Jones Industrial Average rising 517.80 points (0.98%) to 53,277.01, and the S&P 500 and Nasdaq each gaining 0.43%. However, weekly performance showed weakness: the S&P 500 declined 1.4%, Nasdaq fell 2%, and the Dow dropped 0.9%, each

According to Coinglass data, the Crypto Fear and Greed Index reached 74 on August 24, up 7 points from August 23, indicating a greed-dominated market sentiment. The 7-day average stands at 61, while the 30-day average remains at 36.

According to BlockBeats, Robinhood co-founder Vlad Tenev said on a recent episode of The Iced Coffee Hour podcast (aired August 24) that on-chain developers have built unique liquidity pools and protocols combining meme coins, core crypto assets, and stock tokens—exceeding the company's initial

Decentralized lending protocol Term Finance lost an estimated $8.5 million after an attacker exploited governance control of its strategy vaults on Sunday, according to blockchain security firms PeckShield

According to Coinglass, 38.8 million USDT were transferred into Binance on August 24 at 12:01 UTC from an unknown wallet.

Bitcoin (BTC) recorded its largest dollar-denominated weekly gain in history, gaining $14,264 to close the week at $77,387, representing a 22.7% gain in seven days. The rally was triggered by the U.S. Treasury Department's announcement last week of an expansion of its buyback program, which

According to The Block, Bitcoin (BTC) recorded its largest dollar-denominated weekly gain in history during the week ended August 21, gaining $14,264 to close at $77,387 for a 22.7% increase. The rally was triggered by the U.S. Treasury Department's announcement of an expansion of its buyback

Gate News message, institutional crypto custodian Ceffu withdrew 120M USDC from Ethena's Coinbase Prime Custody wallets across 6 transactions over the past day. The latest withdrawal was 30M USDC, approximately 6 hours ago. Address:

According to ChainCatcher citing GMGN data, Solana-based Creator Capital token's market cap surged past $9.4 million with gains exceeding 200% in 24 hours on August 24, currently trading near $9 million. Creator Capital is a trading protocol built around X, TikTok, and Instagram creator accounts, wi

The Bank of Russia has presented the first draft regulations intended to lay the foundation for launching a digital asset market and organized trading in the country. They set out the operating conditions for the new infrastructure: trading procedures will be established in exchange rules, while the platform will calculate market and weighted-average prices. This concerns organized trading in cryptocurrencies, digital currencies, and digital rights, as well as digital depositories and informatio

On August 21, 2026, scammers on Telegram began sending offers to buy HMSTR tokens from the Hamster Kombat game at inflated prices, tricking users into handing over their accounts and wallet access. According to Alexander Vurasko, Director of Business Development at Solar AURA, a center for monitoring external digital threats, the offers are being distributed in Telegram channels, chats, comments, and advertisements. Victims are directed to a bot, mini-app, fake crypto exchange, or wallet connect

According to BlockBeats, trader Killa predicted on August 24 that Bitcoin's pullback after the recent rally would be shallow, with 70,000-73,000 likely serving as the bottom and supporting a subsequent break above 80,000. Killa, a quantitative trader focused on BTC with over 200,000 X followers,

According to Euromonitor data, the global consumer credit market exceeded $21 trillion in 2025 and is expected to reach $25.5 trillion by 2030, while on-chain consumer credit remains at a very early stage. After the Pharos consumer lending vault launched this year, pre-deposits reached the $50 million cap within 48 hours, with approximately $35 million in committed deposits at the official launch. Three Structural Changes Brought by Putting Consumer Lending On-Chain Compared with traditional con