Hacker hacked The Sandbox and printed 14.9b SAND (~$700m) – PeckShield
➤ The Sandbox confirmed the hack - the vulnerability affected the SAND cross-chain bridge. The bridges in Base and BNB Chain have already been disabled, and the tokens issued by the hacker have been isolated.
➤ SAND in Ethereum and Polygon were not affected, user funds in these networks are safe.
❗️The team urged not to buy, sell or trade SAND on Base and BNB Chain, as liquidity on these networks is compromised.
➤ The Sandbox confirmed the hack - the vulnerability affected the SAND cross-chain bridge. The bridges in Base and BNB Chain have already been disabled, and the tokens issued by the hacker have been isolated.
➤ SAND in Ethereum and Polygon were not affected, user funds in these networks are safe.
❗️The team urged not to buy, sell or trade SAND on Base and BNB Chain, as liquidity on these networks is compromised.
Eric Trump denied rumors about the launch of a new Donald Trump memecoin.
On X (Twitter), reports began to spread that the US President was allegedly preparing to launch a new memecoin.
According to Eric Trump, the family does NOT plan to issue a new token, and the information being disseminated is not true and could be used by scammers.
On X (Twitter), reports began to spread that the US President was allegedly preparing to launch a new memecoin.
According to Eric Trump, the family does NOT plan to issue a new token, and the information being disseminated is not true and could be used by scammers.
Someone “gifted” $2m to the scammers by copying an address from their transaction history.
The victim fell for an address poisoning scheme - the attacker sent a microtransaction in advance for 0.0002 USDC from a similar address in order to replace the desired one.
The affected wallet likely belongs to Bofur Capital.
The victim fell for an address poisoning scheme - the attacker sent a microtransaction in advance for 0.0002 USDC from a similar address in order to replace the desired one.
The affected wallet likely belongs to Bofur Capital.
Solana proposed changing tokenomics.
Validators began voting on three important initiatives at once:
⊹ SGP-0001: Adoption of the Solana Constitution and launch of the on-chain network management system.
⊹ SGP-0002: Accelerating the rate of reduction of SOL inflation by half, from 15% to 30% per year.
⊹ SGP-0003: Change in fee structure. Part of the commission, depending on the resources used by the transaction, is proposed to be burned 100%.
Voting ends on August 27 at 18:30 Moscow time.
Validators began voting on three important initiatives at once:
⊹ SGP-0001: Adoption of the Solana Constitution and launch of the on-chain network management system.
⊹ SGP-0002: Accelerating the rate of reduction of SOL inflation by half, from 15% to 30% per year.
⊹ SGP-0003: Change in fee structure. Part of the commission, depending on the resources used by the transaction, is proposed to be burned 100%.
Voting ends on August 27 at 18:30 Moscow time.
Two Major Bitcoin Holders See AI as a Driver for Bitcoin's Growth
The head of the Japanese Metaplanet, Simon Gerovich, and the founder of Strive, Matt Cole, independently stated that the development of artificial intelligence (AI) is becoming a structural factor in the growth of the value of Bitcoin as a scarce asset.
Gerovich believes the bullish view on Bitcoin has less to do with the charts and more to do with how AI is changing the economy: “AI is significantly reducing the cost of producing and copying software, content, analytics and other products.”
In this sense, the expert calls Bitcoin an asset “that cannot be copied.” In his opinion, the more AI reduces the cost of creating digital products, the more important the emission limit of 21 million coins becomes. In addition, Gerovich believes that AI agents in the future will prefer to store capital in digital assets rather than in traditional money.
Meanwhile, Cole cited the development of AI as a structural factor for Bitcoin's powerful bull cycle. He believes that in a world where intelligence becomes cheap and widely available, capital increasingly rewards assets that cannot be artificially reproduced:
“Scarce assets like Bitcoin, gold and silver will benefit significantly from this shift. This is a structural macroeconomic strength that Bitcoin didn’t have before.”
Metaplanet and Strive store 43 thousand and 20.2 thousand bitcoins for a total of almost $5 billion at an exchange rate of $77.5 thousand
The head of the Japanese Metaplanet, Simon Gerovich, and the founder of Strive, Matt Cole, independently stated that the development of artificial intelligence (AI) is becoming a structural factor in the growth of the value of Bitcoin as a scarce asset.
Gerovich believes the bullish view on Bitcoin has less to do with the charts and more to do with how AI is changing the economy: “AI is significantly reducing the cost of producing and copying software, content, analytics and other products.”
In this sense, the expert calls Bitcoin an asset “that cannot be copied.” In his opinion, the more AI reduces the cost of creating digital products, the more important the emission limit of 21 million coins becomes. In addition, Gerovich believes that AI agents in the future will prefer to store capital in digital assets rather than in traditional money.
Meanwhile, Cole cited the development of AI as a structural factor for Bitcoin's powerful bull cycle. He believes that in a world where intelligence becomes cheap and widely available, capital increasingly rewards assets that cannot be artificially reproduced:
“Scarce assets like Bitcoin, gold and silver will benefit significantly from this shift. This is a structural macroeconomic strength that Bitcoin didn’t have before.”
Metaplanet and Strive store 43 thousand and 20.2 thousand bitcoins for a total of almost $5 billion at an exchange rate of $77.5 thousand
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Jeffrey Kendrick, head of digital asset research at Standard Chartered, predicts that Bitcoin could reach $500,000 in value by 2030.
Mining the anonymous coin Zcash is four times more profitable than Bitcoin and AI computing
The profitability of mining the largest cryptocurrency in the private sector, Zcash (ZEC), was 4.5 times higher than that of Bitcoin mining and income from the provision of computing power in the field of artificial intelligence. This was reported in The Energy Mag against the backdrop of the ZEC rate rising to a multi-year record of $890 per coin.
On the evening of August 23, the Zcash (ZEC) rate updated its record of about $890, which had been held since 2017, depending on the crypto exchange. The nearest local peak was in 2017 around $800. And in 2025, against the background of active growth of ZEC, the price tried to rise above $750. The historical peak price varies depending on the exchange, but exceeds several thousand dollars. On Bitfinex, for example, the peak is around $2.6 thousand per ZEC.
According to the publication, mining Zcash (ZEC) on Bitmain Antminer Z15 Pro devices brings in approximately $727
The profitability of mining the largest cryptocurrency in the private sector, Zcash (ZEC), was 4.5 times higher than that of Bitcoin mining and income from the provision of computing power in the field of artificial intelligence. This was reported in The Energy Mag against the backdrop of the ZEC rate rising to a multi-year record of $890 per coin.
On the evening of August 23, the Zcash (ZEC) rate updated its record of about $890, which had been held since 2017, depending on the crypto exchange. The nearest local peak was in 2017 around $800. And in 2025, against the background of active growth of ZEC, the price tried to rise above $750. The historical peak price varies depending on the exchange, but exceeds several thousand dollars. On Bitfinex, for example, the peak is around $2.6 thousand per ZEC.
According to the publication, mining Zcash (ZEC) on Bitmain Antminer Z15 Pro devices brings in approximately $727
in income per megawatt-hour of electricity. This is approximately 3.3 times higher than the estimated industry average high-performance computing (HPC) yield of $222 per MWh.
In addition, the Z15 Pro generates approximately 4.5 times more revenue than $162 in revenue using Bitmain's latest generation Antminer S23 Pro Bitcoin miner. And more than seven times the $102 the S21 Pro gets.
In addition, the Z15 Pro generates approximately 4.5 times more revenue than $162 in revenue using Bitmain's latest generation Antminer S23 Pro Bitcoin miner. And more than seven times the $102 the S21 Pro gets.
The US Treasury Secretary can use almost $1T for government buybacks. bonds.
According to CNBC, the US Treasury is considering using funds from the Treasury General Account (TGA), which currently holds ~$950b.
➤ Funds can be used to finance increased repurchase of long-term government. bonds.
➤ This will give the Ministry of Finance additional opportunities to reduce long-term yields without the help of the Fed.
➤ It is not yet known exactly what amount will be used and whether a final decision will be made.
➤ Last week, the Ministry of Finance already doubled the minimum volume of bond repurchases from $2b to $4b, and Scott Bessent allowed even larger transactions.
This is a potentially positive factor for the crypto market - spending TGA funds increases liquidity in the financial system, and a decrease in government yields. bonds could increase demand for risky assets, including Bitcoin.
According to CNBC, the US Treasury is considering using funds from the Treasury General Account (TGA), which currently holds ~$950b.
➤ Funds can be used to finance increased repurchase of long-term government. bonds.
➤ This will give the Ministry of Finance additional opportunities to reduce long-term yields without the help of the Fed.
➤ It is not yet known exactly what amount will be used and whether a final decision will be made.
➤ Last week, the Ministry of Finance already doubled the minimum volume of bond repurchases from $2b to $4b, and Scott Bessent allowed even larger transactions.
This is a potentially positive factor for the crypto market - spending TGA funds increases liquidity in the financial system, and a decrease in government yields. bonds could increase demand for risky assets, including Bitcoin.
Michael Saylor's Strategy did not sell Bitcoin last week
Michael Saylor's company has published a weekly report on Bitcoin assets. During the period from August 17 to August 23, there was not a single purchase or sale of BTC. The company's reserves remained at 840,447 BTC with an average purchase price of $75,385 per 1 BTC.
At the same time, Strategy continued to raise capital through the sale of Strategy common shares (MSTR) for 2.01 billion. Of this amount, it bought back preferred shares of STRC for $136 million, and used the rest for dollar reserves, which reached $5.10 billion.
Michael Saylor's company has published a weekly report on Bitcoin assets. During the period from August 17 to August 23, there was not a single purchase or sale of BTC. The company's reserves remained at 840,447 BTC with an average purchase price of $75,385 per 1 BTC.
At the same time, Strategy continued to raise capital through the sale of Strategy common shares (MSTR) for 2.01 billion. Of this amount, it bought back preferred shares of STRC for $136 million, and used the rest for dollar reserves, which reached $5.10 billion.
The hacker was able to withdraw $7,500,000 TAC due to a vulnerability in the Cosmos EVM module.
• The attacker withdrew 2,985,651,403 TAC from one escrow account. No new tokens were created - the emission remained the same.
• The project team suspended the blockchain to stop further hacking.
• Similar attacks have affected other networks using the Cosmos EVM module, such as MANTRA Chain.
• The attacker withdrew 2,985,651,403 TAC from one escrow account. No new tokens were created - the emission remained the same.
• The project team suspended the blockchain to stop further hacking.
• Similar attacks have affected other networks using the Cosmos EVM module, such as MANTRA Chain.
CleanCore Solutions sold 463,000,000 DOGE ($33.4m)
Almost all of DOGE's reserves were sold to raise money for the development of infrastructure in the field of artificial intelligence.
Almost all of DOGE's reserves were sold to raise money for the development of infrastructure in the field of artificial intelligence.
Tom Lee has been buying ETH every week for 14 months in a row.
Last week, Bitmine bought 32,447 ETH ($80m).
▪ Balance: 5,847,611 ETH ($14.5b) – approximately 4.8% of the total supply.
▪ Free cash and liquid securities to replenish reserves: $308m.
▪ Staking: 5,067,309 ETH ($12.5b) – about 87% of all ETH on balance.
Last week, Bitmine bought 32,447 ETH ($80m).
▪ Balance: 5,847,611 ETH ($14.5b) – approximately 4.8% of the total supply.
▪ Free cash and liquid securities to replenish reserves: $308m.
▪ Staking: 5,067,309 ETH ($12.5b) – about 87% of all ETH on balance.