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Term Labs Loses $8.5M as Attacker Exploits Governance Controls

Sandbox Bridge Exploit Mints 500M Unbacked SAND on Base and BSC

Ray Dalio Sees U.S. Debt Crisis Within Three Years, Backs Bitcoin and Gold Over Bonds

Solana Cuts Block Time to 350ms on Mainnet, Charting Path Toward 200ms Target

Fairmint CEO Warns Tokenized Stocks Could Repeat 1960s Paper Crisis Without Systemic Reform

Arbitrum Activates ArbOS 61 Elara With Optional Compliance Filters for Orbit Chains

Finassets Adds USDC on Solana to Payment Gateway Supporting 70 Crypto Options

MANTRA Token Crashes 18% to Record Low as MANTRA Chain Halts Following Security Exploit
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MANTRA Token Crashes 18% to Record Low as MANTRA Chain Halts Following Security Exploit

Ripple Backs RLUSD Credit Fund as XRP Surges 26% in Best Week in Months

Justin Sun Wins Ruling to Keep World Liberty Financial Lawsuit Public
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Markets

Bitcoin and Ether ETFs Draw Up to $3B in Strongest Inflow Week Since October
Bitcoin and Ether exchange-traded funds received between $2.6 billion and $3 billion in inflows during the week of August 18-22, marking the strongest inflow period for crypto ETFs since October 2025. Combined weekly trading volume surged past $29 billion, more than triple the prior week's figure.

Term Labs Loses $8.5M as Attacker Exploits Governance Controls
A governance exploit drained approximately $8.5 million from Term Labs on Sunday, with the attacker withdrawing 2,843 ETH and 1.68 million USDC directly from the protocol's strategy vaults. PeckShield flagged the incident before Term Labs confirmed the breach.

Sandbox Bridge Exploit Mints 500M Unbacked SAND on Base and BSC
The Sandbox discovered and contained a vulnerability in its cross-chain bridge affecting Base and BNB Smart Chain after an attacker minted approximately 500 million unbacked SAND tokens. The project halted bridging on both networks and stated the impact represents less than 0.01% of total SAND...

Ray Dalio Sees U.S. Debt Crisis Within Three Years, Backs Bitcoin and Gold Over Bonds
Ray Dalio, founder of Bridgewater Associates, is warning that the United States faces a sovereign debt crisis within approximately three years and directing investors toward Bitcoin and gold as preferred hedges over government bonds.
Regulation

Binance Employees Detained in UAE Over Financial Crime Inquiries
Emirati police detained two Binance employees in connection with financial crime inquiries, marking the first serious compliance friction the world's largest crypto exchange has faced within the jurisdiction it has positioned as its primary regulated home.

Injective Becomes First Layer 1 Blockchain With SEC Transfer Agent Registration, INJ Jumps 9%
Injective Institutional Services received SEC transfer agent registration on August 19, becoming the first Layer 1 blockchain project to secure the designation. INJ surged roughly 9% to $4.40 following the announcement, which enables regulated onchain recordkeeping for tokenized securities.

Bitcoin Hits $70K as Treasury Buybacks Trigger $1.74B Short Squeeze
Bitcoin surged to nearly $70,000 on August 19, 2026, driven by U.S. Treasury bond buyback expansion and pro-crypto policy signals. The rally triggered $1.74 billion in short liquidations and $1.9 billion in total market liquidations, with Ethereum breaking above $2,000 for the first time since...

HYPE Jumps 8.5% Past $70 After Trump Confirms CFTC Push for Hyperliquid U.S. Entry
President Donald Trump confirmed the CFTC is actively working to bring Hyperliquid into the U.S. legal framework. HYPE surged as much as 11% to trade above $70 following the announcement, marking one of the most direct presidential endorsements of a decentralized derivatives protocol to date.
DeFi

Evernorth Eyes Native Lending on XRP Ledger as Public Listing Advances
Evernorth, an XRP-focused digital asset treasury firm, is exploring native lending opportunities on the XRP Ledger while progressing through its public listing process. The move signals institutional interest in XRP Ledger's DeFi infrastructure and mirrors broader trends of treasury firms...

Base Network Launches $100K Accelerator for AI Agents and Fintech Builders
Coinbase's Base layer-2 network is launching a $100,000 startup accelerator capping its cohort at 10 teams focused on AI agents, payments, trading, and on-chain financing. The tight selection signals Base's intent to own the AI-agent narrative in onchain finance.

Coinbase Adds 50x Perpetuals to Base App via Hyperliquid Integration
Coinbase has integrated Hyperliquid into its Base App, giving eligible users access to more than 290 perpetual futures markets with leverage up to 50x. The move signals a blurring line between centralized and decentralized derivatives infrastructure.

Omnichain Launchpad Printr Shuts Down, Cancels Token Launch and Airdrop by August 31
Printr, an omnichain launchpad that raised $4.5 million in October 2025, announced it will cease all operations by August 31, 2026, and will not hold its planned token generation event or airdrop. The platform collected 84% of lifetime fees in a single month before declining.
Technology

Inception Labs' Mercury 2 Outperforms Google's DiffusionGemma in AI Showdown
Inception Labs released Mercury 2, an AI model that outperforms Google's DiffusionGemma while preserving model intelligence during the shift from sequential to parallel processing. The development marks a significant architectural transition in the post-autoregressive era.

Quantinuum Surges 13% on Nasdaq IPO Debut, Raising $1.68B
Quantinuum's shares opened at $68 on their first day of trading on Nasdaq, a 13% jump from the $60 IPO price, raising $1.68 billion in total proceeds and valuing the quantum computing company at approximately $17.63 billion market capitalization.

Starkware Cuts Jobs as Starknet Revenue Collapses 98%
StarkWare Cuts Staff as Starknet Fee Revenue Drops 98% From Peak StarkWare, the Israeli company behind the Starknet Ethereum Layer 2 network, has laid off a portion of its workforce as on-chain rev
Kraken Refuses Extortion Demand After Insider Data Breach Exposes 2,000 Accounts
Kraken Refuses Extortion Demand After Insider Data Breach Exposes 2,000 Accounts Cryptocurrency exchange Kraken has declined to pay an extortion demand following a data breach that exposed personal
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