Ronin Network is evolving! 🚀 Moving from a sidechain to a full Layer 2 in 2026, boosting speeds 12x & leveraging Ethereum’s security. New “Proof of Distribution” model rewards *developers* based on network contributions (staking + Builder Score - fees, TVL). RON remains the gas token! ⛓️
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Ethereum staking update: 355.9k ETH queued to enter (6d 4h wait), 831k to exit (14d 10h wait). 35.6M ETH staked by 1.08M validators (29.46% of supply), yielding 2.96% annualized.
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GMXSOL now offers perpetual trading for US stocks & ETFs (SPY, QQQ, AAPL, NVDA, TSLA, AMZN, GOOGL, MSFT, META, MSTR) on Solana! 🚀 Powered by Chainlink oracles & risk params from Chaos Labs. #DeFi #RWA
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According to data from Arkham Intelligence, BitMine received five large ETH transfers totaling approximately 28,650 ETH (valued at around $130 million USD) from over-the-counter (OTC) addresses associated with Galaxy Digital in the past two hours.
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The Federal Reserve is ending its specialized crypto/fintech oversight program (launched in 2023). They now have enough understanding of the risks to integrate supervision into standard banking processes. No new separate guidance will be issued.
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DCG is suing Genesis, its bankrupt subsidiary, for $105M+ to recover funds from a $1.1B loan given after the 3AC collapse. Ironically, Genesis reportedly *exceeded* that amount through asset liquidation post-recovery. 🤯 #crypto #DCG #Genesis
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DeFi Development has purchased 110,000 SOL for approximately $22 million, averaging $201.68 per SOL. As of August 14, 2025, the company’s balance sheet reflects holdings of roughly 1,420,173 SOL and SOL-equivalent assets, valued at approximately $273 million.
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Qubic Networks tested a 51% attack on Monero, gaining >51% hash rate, reorganizing 6 blocks &orphaning 60. Earned 750 XMR & 7M XTM, burning $55k QUBIC & rewarding $200k to participants. Qubic mining is currently 4x more profitable than Monero.
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Hyperliquid’s Hyperbeat, building on-chain yield infrastructure, raised $5.2M in seed funding led by ether fi & Electric Capital. Coinbase Ventures, Chapter One & Selini also participated. 🚀 (via CoinDesk)
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Binance Wallet has announced the launch of the OpenEden Booster event, offering a total of 20 million EDEN tokens as rewards. Participation is open to users with an Alpha score of 61 or greater, beginning August 18th at 7:00 PM (UTC+8).
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