Category: crypto

Float Protocol lost $28,000, or 10.71 ETH, in a flash loan attack that manipulated the Uniswap V3 spot price. The attacker distorted pricing information in the contracts, causing them to incorrectly calculate LP share values. Critical functions lacked TWAP or oracle verification, leading to the exploit.

During crypto price surges, market commentary often focuses on central bank policy and green candles. However, beneath the immediate rally, there is a structural shift happening on-chain. Trends like retail ownership, CeDeFi, the transformation of money, and agentic finance are reshaping global wealth ownership. Conviction in platforms and protocols will be key in the next…

Australian authorities charged two Western Australian men following an investigation into the TeamPCP cybercrime syndicate. The men are accused of compromising over 1,000 organizations, obtaining 500,000 credentials, and stealing at least 300 gigabytes of data. Cryptocurrency payments are under investigation. One of the men also faces U.S. federal charges.

Developers supporting BIP-110 plan to launch a separate BLAKE2b proof-of-work chain on September 1 after an initial branch failed to gain enough SHA-256 mining support. The new chain is not simply an activation of BIP-110 on Bitcoin, but a separate hard fork with its own proof-of-work system and asset.

Strategy purchased 4,603 Bitcoin for $369.7 million between Aug. 24 and Aug. 30, increasing its total holdings to 845,050 BTC. The acquisition was funded through MSTR sales generating $602.8 million in net proceeds. Strategy also repurchased STRC and increased unrestricted dollar cash. The company’s USD assets totaled $6.71 billion.

BitMine Immersion Technologies has purchased an additional 53,501 ETH, increasing its Ethereum treasury to 5,901,112 tokens valued at around $14.54 billion. This acquisition marks the 65th consecutive week of buying for BitMine, which now holds about 4.9% of Ethereum’s total supply. Staking over 5 million ETH could generate $335 million annually for BitMine.

Coinbase and Webull have expanded their partnership to Canada, marking the fourth market where Coinbase will support Webull’s crypto services. Webull Canada will use Coinbase’s infrastructure for crypto trading and custody, catering to the growing demand for digital assets among Canadian investors. Coinbase has also introduced new products in the UK and Europe, including stock…

Strive purchased 1,800 Bitcoin for $143 million, increasing its holdings to 23,156 BTC. This move made Strive the fifth-largest public corporate holder of Bitcoin. The company financed the purchase through share sales of ASST and SATA. ASST stock rose by over 5% on Monday, continuing its upward trend in August.

Cronos stopped block production due to an exploit in Tectonic’s decentralized lending protocol. Approximately $75 million was estimated to be affected, with most funds remaining on Cronos. The exploit involved inflated TONIC collateral, similar to previous attacks. Crypto.com’s centralized services were unaffected. A restart and recovery plan have not been announced.

Alderoty argues that the CLARITY Act could support employment, based on an NCA-commissioned study estimating that the crypto industry directly employs 34,000 workers and supports 232,000 jobs nationwide. The bill faces a Senate cloture vote on September 15, with potential implications for job creation and economic growth.