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The Block
Crypto.com-linked Cronos network halts after Tectonic exploit estimated at $75 million
Li says the attacker manipulated the price of Tectonic's illiquid TONIC token before borrowing against the inflated collateral, a Mango Markets-style hack.
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Michael Saylor (@saylor) on X
Strategy has acquired 4,603 BTC for $370M, increased USD Cash by $29M, and repurchased $152M of $STRC. As of 8/30/26, we hold 845,050 $BTC and $6.71B of USD Assets, bringing Net Leverage to 0.0%. β¦
These optimizations do not require a protocol update and are already available to developers under the MIT/Apache 2.0 dual license.
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This is one of the strongest Augusts in recent years. Moreover, BTC has risen for the second month in a row, following a 7.4% gain in July.
Ethereum, meanwhile, gained even more β more than 32% in a month.
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According to Arkham analyst Emmett Gullick, the funds were deposited in BTC through HyperUnit, converted into ETH and SOL, and then transferred between networks and withdrawn to exchanges.
The story came to light amid Hyperliquid's negotiations to potentially enter the regulated US market.
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According to CryptoQuant, this could be the first sign that the BTC downtrend is ending.
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According to Token Terminal, Robinhood has become the largest tokenized stock platform by number of holders in approximately two months.
Robinhood's tokenized stock holders reached 862,800, surpassing Binance bStocks' 827,200 users.
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StarkWare CEO Eli Ben-Sasson stated that advances in AI could lead to the breaking of most existing public-key encryption schemes, forcing the world to quickly transition to ZK STARKs.
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Eli Ben-Sasson | Starknet.io (@EliBenSasson) on X
Wow! Let me explain what this means: in 1991 RSA labs published a large set of challenges, to factor larger and larger numbers. The last one factored was a 250-digit number, done in 2020.
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Most of this inflow occurred on September 3rd, when, amid the cryptocurrency's rally to $82,000, the products attracted approximately $731 million.
Ethereum ETFs saw $218.4 million in inflows over the week, almost four times less than the previous period.
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BTC's 90-day correlation with the precious metal has risen to 2020 levels, while its correlation with the stock market has fallen to its lowest level.
Following the US Treasury's bond purchases, Bitcoin rose 22.4%, gold rose 5%, and stocks fell. The expert believes that investors are increasingly hedging against currency depreciation risks through both assets, and Bitcoin, in such scenarios, begins to behave like a "powered version of gold."
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As a result, approximately 4,000 BTC worth $320 million were withdrawn from the network.
Liquid Network temporarily suspended bridge operations, and exchanges suspended L-BTC deposits and withdrawals.
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According to CryptoQuant, open interest on Binance has risen again to $9.6 billion, while spot demand remains weak. The increase in leverage is supporting the price but making the market more vulnerable.
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CryptoQuant.com (@cryptoquant_com) on X
STH Whale Unrealized Profit Hits a Record $9.07B
βA cohort sitting on a record paper gain can turn into sellers the moment price wobbles, and STH whales are historically the fastest to take profiβ¦
βA cohort sitting on a record paper gain can turn into sellers the moment price wobbles, and STH whales are historically the fastest to take profiβ¦
This allowed the attacker to double-spend nBTC and send counterfeit vouchers to Osmosis.
Of the stolen funds, 22.65 BTC have already been frozen, and the remaining Alloyed BTC will be covered from the community treasury.
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Osmosis π§ͺ (@osmosis) on X
Recently, we became aware of an exploit on the Nomic chain. The exploit allowed the attacker to double-spend nBTC, allowing them to send false vouchers to Osmosis. Osmosis and IBC were not comproβ¦
Developers have warned that hackers targeted the email service used by the project.
Customers received phishing emails claiming there was a critical vulnerability in the wallets.
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The new Lattice Jolt generates and verifies proofs two to three times faster than the previous version.
It is based on Akita, which utilizes mathematical lattices considered resistant to quantum computing.
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According to Brian Armstrong, the market will receive new rules either through legislation or via actions taken by the SEC and the CFTC.
A procedural vote is scheduled for September 15.
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In August, consumer prices rose by 0.4% month-on-month, compared to 0.1% in July.
Core CPI, excluding food and energy, slowed from an annual rate of 2.5% to 2.4%.
Following the data release, Bitcoin fell sharply, briefly dropping to around $76,300.
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22-year-old Malone Lam has pleaded guilty in a case involving one of the largest cryptocurrency heists in U.S. history. According to investigators, he recruited members of the group through online games; the group would then assign roles and target wealthy cryptocurrency holders.
One of the victims was an investor from Washington; the perpetrators posed as employees of Google and Gemini to trick the victim into revealing their wallet access credentials.
The stolen funds were spent in an ostentatious mannerβon supercars, private jets, mansions, and parties. On a single night at a Los Angeles club, the group spent over $569,000.
Lam now faces up to 20 years in prison.
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