News linked to both this project and an event.
Odaily News: MANTRA Chain officially stated that an incident affecting on-chain operations has occurred on the network. The team has paused the blockchain as a precautionary measure and is currently investigating. At present, all interfaces and transactions have been frozen, temporarily impacting users' ability to deposit or withdraw assets to and from MANTRA Chain. The root cause of the incident has not yet been confirmed, and no recovery timeline has been announced. MANTRA Chain will provide further updates through official channels once verified information is available.
Odaily News: BounceBit announced that the team has identified an issue affecting BounceBit Chain and has temporarily paused node operations to deploy fixes. BB trading and exchange deposits/withdrawals are temporarily unavailable. The team emphasized that the issue is limited to the chain itself, and CeDeFi applications, smart contracts, and vaults remain unaffected, with no private key leaks or user wallet compromises. The chain upgrade is scheduled for August 23 at 17:00 UTC+8.
Odaily News: GnosisDAO has approved the transition of the blockchain network Gnosis Chain from a standalone Layer 1 network to a zero-knowledge proof-based Ethereum Economic Zone (EEZ) Rollup. The network will eliminate its independent validator set and instead rely on Ethereum validators to settle transactions.The proposal received 123,158 GNO in favor, 115 against, and 151 abstentions, involving 54 participants with a total participation of 123,425 GNO, exceeding the quorum threshold of 75,000 GNO. The upgrade is initially planned to launch in late 2026 or early 2027, depending on the technical readiness of the EEZ.After the upgrade, Gnosis Chain's native smart contracts will be able to call Ethereum and use the returned results within the same transaction, while also accessing Ethereum mainnet assets and liquidity. Gnosis Chain will become the first deployed EEZ instance, retaining its existing applications, balances, and xDAI fuel token. (Cointelegraph)
Odaily News: BIP-110 supporters are discussing a hard fork to change the stalled minority chain's mining algorithm from SHA-256d to BLAKE2b. Transaction history before the fork remains shared by both chains. If transaction and signature rules remain consistent, the same transaction could be replayed on the other chain, creating a replay attack.BIP-110's peak miner support was approximately 2.53%. After the consensus rules took effect on August 8, the minority chain produced only two consecutive blocks before stalling, while the Bitcoin main chain continued operating and widening the block height gap. The BIP-110 proposal was subsequently marked as closed, and supporters shifted focus to discussing the BLAKE2b proof-of-work scheme.Bitcoin Knots plans to add a new signature hash option, but RDTS will still maintain compatibility with Bitcoin Core's existing signature hash types. Regular transactions may continue to be valid on both chains. Users will need to use the new option and rely on wallets or hardware signing firmware that support it to achieve asset separation.Luke Dashjr stated on August 18 that Bitcoin should bear the responsibility for replay protection, calling it "Spamcoin." If the BLAKE2b fork proceeds around September 1, exchanges, wallets, and holders will need to distinguish between cross-chain transactions and chain-specific transactions. (Bitcoin.com News)
Odaily Odaily News: Hyperliquid founder Jeff Yan stated that the latest paper by Davide Barone and Fabrizio Lillo studies the execution performance of on-chain visible TWAP orders on Hyperliquid. The data shows that when on-chain TWAP orders are made public, market liquidity actually tends to tighten, thereby improving the average execution performance of TWAP orders.Jeff Yan stated that he has always believed that for non-toxic order flow, transparent trading can improve execution efficiency, and this research provides data support for this view. He believes that compared to traditional private trading venues, transparency and fair access can lead to more efficient trade execution.
Odaily News Bybit today released its H1 2026 Risk and Security Report. Following the security incident in February 2025, Bybit has comprehensively upgraded its security architecture, transitioning toward a new defense model characterized by earlier detection, faster response, and continuous adaptation. Key highlights from the report are as follows:User Fund Protection: In H1, over 30,000 suspicious withdrawals were intercepted, protecting nearly 20,000 users from potential losses exceeding $700 million. The average initial review time was just 4.7 minutes (with 95% completed within 10 minutes).100% On-Chain Monitoring: Monitoring covers all business-related on-chain activities (including listed tokens, ecosystem contracts, and hot/cold wallets). In H1, 10 security incidents involving listed token projects were handled with zero platform losses; of these, responses to 8 incidents were faster than other major exchanges, and 2 attacks were detected before the project teams themselves. Additionally, approximately $212 million in potentially fraudulent on-chain funds was identified, and over 10,000 malicious addresses were blacklisted.AI-Driven Security Operations: More than 100,000 security alerts were processed. AI-assisted audits identified critical vulnerabilities at an efficiency 3-5 times that of manual efforts; the automated red team platform reduced the time from asset discovery to initial testing to within 24 hours (compared to weeks with traditional manual methods), and the cycle from security assessment to testing was shortened from two weeks to two hours.Accountability and Asset Recovery: In collaboration with law enforcement agencies and blockchain intelligence firms, stolen assets are being traced, and legal action has been taken against North Korea and the Lazarus Group to hold them accountable and recover funds.David Zong, Head of Risk Control and Security at Bybit Group, stated: "The cybersecurity arms race has entered the era of 'minute-level' response. Leveraging AI to strengthen risk control capabilities and ensuring the security of AI systems themselves is our top priority, but critical security decisions remain centered on human judgment."
Odaily News, Robinhood CEO Vlad Tenev posted on X platform stating that the world is in the early stages of a "tokenization supercycle." The significance of tokenization is not simply moving stocks onto the blockchain, but rather rebuilding the infrastructure for asset ownership, enabling assets to flow as freely as information on the internet.Tenev stated that within just over a month of its launch, Robinhood Chain has completed 100 million transactions. Its Stock Tokens have provided users in over 120 countries with economic exposure to more than 190 U.S. stocks, backed 1:1 by the underlying shares, but are not yet available to U.S. users. He believes that as the regulatory framework gradually matures, we expect token design to continue evolving, including the emergence of tokenized equity that carries the full rights of traditional stocks in the future.At the end of his post, he urged the U.S. regulatory framework to accelerate its adaptation to the tokenized market and stated that listed stocks are just the starting point. Assets with more restricted liquidity and access, such as equity in private companies, could become an important direction in the next phase.
According to official announcements, GasFree has now officially integrated USDD as a payment method for on-chain transfer fees (Gas Fee). Effective immediately, when users initiate USDD transfers via GasFree, there is no need to hold TRX, Energy, or Bandwidth in advance. The system will automatically deduct fees using USDD, enabling a streamlined process of "one balance for transfers and payments."
According to official announcements, HertzFlow, a self-custodied leveraged trading protocol backed by Yzi Labs, announced that its mainnet has officially launched on BNB Chain, and the one-week Genesis Vault pre-deposit campaign has also kicked off simultaneously, with limited quota, first come, first served.
Odaily News "White-Haired Stock God" Serenity shared insights on the AI industry chain on the X platform, noting that AI infrastructure demand is driving multiple sectors—including storage, advanced packaging, computing power financing, optical communications, power supply, and electronic components—into a long-term expansion cycle. The AI supply chain remains in a phase of rapid growth.In the storage sector, Serenity cited UBS forecasts indicating that traditional DRAM manufacturers (such as Micron) could see gross margins reach an unprecedented 95% by 2027, potentially even surpassing the gross margin levels of HBM products. Additionally, SanDisk's long-term agreements already cover approximately two-thirds of its 2028 production capacity, with minimum contracted revenue reaching $93 billion. Given its current market cap of around $239 billion, this suggests its future revenue targets could persist for years, making it difficult to simply classify the company as a traditional cyclical stock.On the cloud computing infrastructure front, CoreWeave has signed agreements to use Nvidia A100 GPUs through 2029. This is a positive development for emerging cloud computing companies such as Nebius and Iren, and it also weakens some investors' bearish thesis centered on the rapid depreciation of older GPUs.AI model companies are also continuing to grow at a pace that exceeds expectations. Frontier AI labs are still maintaining extremely rapid growth rates, and a slowdown in growth would actually be a cause for concern. The market projects that Anthropic's 2028 revenue could reach $190 billion to $200 billion.However, advanced packaging and semiconductor infrastructure remain core bottlenecks. The head of advanced packaging at TSMC has stated that in the coming years, the industry may face not only memory shortages but also tight supply of ABF substrates.Serenity concluded that the AI infrastructure supply chain is continuously expanding. From GPUs, storage, and advanced packaging to power, optical communications, and electronic components, every segment is showing a long-term demand growth trend. The AI supply chain is still in a high-speed development stage.
Odaily News: BNB Smart Chain (BSC) has announced that the Pasteur hard fork will officially go live on the mainnet at 10:30 AM Beijing time on August 25 (02:30 UTC on August 25). Node operators are required to upgrade their clients to v1.7.7 in advance.This upgrade includes three improvements—BEP-682, BEP-695, and BEP-675—focusing on enhancing cross-chain security, validator governance mechanisms, and network throughput. Among them, BEP-682 will strengthen the BNB Chain cross-chain bridge verification mechanism, preventing permission bypass risks caused by duplicate signature counting by validators, thereby improving the security of cross-chain asset transfers. BEP-695 optimizes the validator key rotation mechanism, ensuring that old keys no longer retain management privileges after exit, while also fixing potential vulnerabilities related to slashing and governance voting.In terms of performance, BEP-675 reduces the time consumption caused by validators repeatedly executing transactions by optimizing the block construction process. In BNB Chain's internal QANet test environment, this solution increased throughput from 1,237 TPS to 2,324 TPS. While maintaining the 450-millisecond block time and the 100 million Gas block limit unchanged, the average Gas usage per block rose from 46.35 million to 84.15 million.BNB Chain stated that this upgrade is primarily aimed at validators and block builders, designed to provide greater capacity during network peak periods and advance the throughput expansion goals outlined in BNB Chain's roadmap for the second half of 2026.
Standard Chartered reports that Robinhood Chain is rapidly accumulating liquidity through Uniswap integration, with TVL approaching $1 billion, while driving UNI token annualized burn to $90 million.
Odaily News Robinhood's blockchain project, Robinhood Chain, has seen its total value locked (TVL) approach $1 billion. According to Standard Chartered analyst Geoffrey Kendrick, nearly all of its liquidity is provided by Uniswap V2, V3, and V4, making it the fastest-growing blockchain by this metric. Protocol fees generated by Robinhood Chain through Uniswap have now become the largest source of UNI burns. Since the Robinhood-related fee switch was activated on July 27, the annualized UNI burn rate has reached approximately $90 million. At roughly $3.50 per token, this equates to burning 25 million UNI annually, representing slightly more than 4% of the circulating supply. Robinhood Chain launched on July 1, with a focus on bringing real-world assets on-chain, and reached 194,000 daily active users within its first week. The partnership allows Robinhood to directly leverage mature DeFi infrastructure to provide liquidity for blockchain expansion. Robinhood is expanding its business into cryptocurrency, prediction markets, and tokenization. The company reported record second-quarter revenue and earnings, though cryptocurrency trading volumes and related revenue both declined. (Cointelegraph)
Odaily News: Flap has announced the launch of bBroker Vault, powered by bStocks, on BNB Chain, combining Meme coin trading activity with NFT yields and tokenized stock ecosystems through a new mechanism.Under this mechanism, users are required to pay a fixed fee in corresponding tax tokens to mint bBroker NFTs, and the tokens paid are burned directly. Subsequently, trading fees from quote assets flowing into the Vault are automatically allocated to a "dividend pool" and a "floor price pool," enabling NFT holders to continuously earn dividends in quote assets without staking or locking up.Meanwhile, each bBroker NFT carries an on-chain floor price backed 1:1 by assets in the floor price pool, and holders can sell the NFT back to the Vault at any time to exit. Flap positions this mechanism as a novel on-chain economic model integrating Meme coins, NFTs, and stock assets.
Odaily News: The U.S. Securities and Exchange Commission (SEC) plans to unveil two crypto-related initiatives in the coming days, while Congress's CLARITY Act remains stalled at least until September. The SEC is expected to propose "Regulation Crypto" at a public meeting on Friday, allowing projects to raise funds through token sales without completing full securities registration. The SEC also plans to introduce an "innovation exemption" for tokenized stocks, with details potentially released on Friday. The exemption would allow tokenized versions of stocks such as Apple, Tesla, and Nvidia to trade on the blockchain 24/7, with support for fractional trading and near-instant settlement. Such tokens typically track the economic exposure of the underlying stock but do not carry voting rights or dividend entitlements. The initiative falls under SEC Chairman Paul Atkins's "Project Crypto" agenda, with Robinhood Chain, Solana, and Base all having advanced related on-chain markets. (Decrypt)
Odaily News: Andre Cronje, founder of DeFi platform Flying Tulip and creator of Fantom Network, stated that most DeFi protocols are no longer truly decentralized, with only a few niche areas still qualifying as DeFi. He believes DeFi has evolved into "on-chain finance" or "open finance." He pointed out that true DeFi should possess characteristics such as decentralization, immutability, and the absence of intermediaries, whereas the intermediaries in most current protocols have become corporations, taking on traditional financial institution roles such as decision-makers and risk committees. Cronje noted that this does not mean true DeFi has completely disappeared, as some protocols are still innovating. Data from DefiLlama shows that the total value locked (TVL) in DeFi has dropped from $167 billion in early October 2025 to $75 billion at the time of the original report over the past 10 months, a decline of more than half. In a working paper published in March, the European Central Bank (ECB) analyzed Aave, MakerDAO, Ampleforth, and Uniswap, finding that based on holding snapshots from November 2022 and May 2023, the top 100 addresses holding governance tokens in these protocols each controlled over 80% of the token supply. The ECB consequently questioned the level of decentralization of these DAOs and whether they should continue to be regarded as "fully decentralized" services exempt from the Markets in Crypto-Assets Regulation (MiCA). (Cointelegraph)
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Odaily News: The cross-chain bridge connecting XRP Ledger and Coreum was attacked on August 9. The attacker exploited a validation logic vulnerability to steal approximately 199,900 XRP, reducing the bridge's asset balance from roughly 200,400 XRP to 493.5 XRP. The attack did not involve private key leaks and did not target the XRP Ledger protocol itself. The attacker forged deposit operations, causing the bridge system to recognize them as legitimate deposits and triggering the bridge wallet on the other end to send real XRP. On-chain data shows that the attacker completed the fund transfer through 94 multi-signature authorization transactions within 97 minutes. These transactions required signatures from 17 of the 28 relay node keys, allowing the attacker to bypass the bridge's validation mechanism. As of August 11, the Coreum cross-chain bridge remains suspended, and the Coreum Development Foundation has not yet released an official incident report. The XRP mainnet and user private keys remain unaffected and secure.
: Pudgy Penguins co-founder Cole Villemain was voted out and removed from his role by the project's holders in January 2022. Early Tuesday morning, the 44,444-piece NFT collection Spritehood, launched by Cole Villemain on the Robinhood Chain, sold out in under an hour. According to on-chain transaction data, the NFT mint generated approximately $1.28 million in revenue. During the public mint, 37,430 NFTs were sold at $17 each, while another 5,526 were sold at $117 each, the latter corresponding to the $100 upgrade option available on the mint page. Based on these figures, total sales revenue amounted to $1.2829 million, equivalent to approximately 684.28 ETH at the contract's mint-time pricing. Prior to the paid sale, the contract deployer also free-minted 1,488 NFTs through 20 zero-price transactions.
Odaily News: Ondo Finance announced a partnership with Grvt, a hybrid decentralized trading platform built on ZKsync, to establish a $100 million position in Ondo USDY over the next year, expanding its on-chain fixed-income asset portfolio.Under the collaboration plan, Grvt will integrate USDY into its yield product, Grvt Earn. The platform will hold and manage USDY directly on its balance sheet, incorporating the associated returns into the unified base yield currently offered to users. This allows users to benefit from the yield without needing to purchase USDY separately.USDY is a yield-bearing tokenized security launched by Ondo Finance, primarily backed by short-term U.S. Treasuries, Treasury-based ETF shares, and bank deposits. According to RWA.xyz data, USDY is currently one of the third-largest tokenized asset products, with approximately $2.14 billion in assets under management and around 15,600 holders. (The Block)