News linked to both this project and an event.
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)
According to CryptoSlate, Nasdaq-listed company AIxCrypto Holdings announced plans to orderly sell all its crypto assets. As of June 30, the company held 46 BTC, 616 ETH, 6,659 SOL, 1,308 BNB, and small amounts of ADA, LINK, TRX, USDT, and XRP, with a total cost basis of $10.43 million, fair value of only $5.21 million, an unrealized loss of approximately $5.22 million, representing a drop of about 50% from cost. Meanwhile, the company's operating cash consumption in the first half of the year reached $7.94 million, with accumulated losses as high as $150.3 million, raising doubts about its ability to continue as a going concern. The company is shifting its business focus to its RoboShare robot rental platform and completed its first commercial order on August 15, deploying 6 robots at a Malibu event, but specific revenue and subsequent demand have not yet been disclosed.
According to Decrypt, Coinbase announced the official launch of perpetual futures trading in the Base App via Hyperliquid integration. Eligible users can access up to 50x leverage across over 290 perpetual contract markets, including BTC, ETH, tokenized stocks, and commodities. Coinbase Head of Engineering Chintan Turakhia noted that perpetual contracts constitute approximately 75% of current crypto trading volume and are the most requested feature among high-frequency Base App users.
Odaily News: Blockchain data analytics platform Nansen released its "Starknet H1 2026 Report," stating that in the first half of 2026, Starknet completed its strategic transformation from a high-performance Layer 2 network to a "privacy-preserving execution layer." The launch of the STRK20 privacy framework and the Bitcoin asset strkBTC became the ecosystem's most significant upgrades.The report notes that as an Ethereum-based ZK-Rollup network, Starknet generates STARK proofs off-chain and verifies them on-chain, achieving high throughput and low transaction costs. Its smart contracts use the Cairo language, specifically designed for verifiable computation, and support native account abstraction functionality.In the first half of this year, Starknet launched the v0.14.2 upgrade, introducing the SNIP-36 protocol to lay the technical foundation for private transactions. This upgrade allows the network to directly verify off-chain execution proofs, enabling confidential state transitions without exposing account balances or counterparty information. Additionally, SNIP-37 adjusted the network's economic model, increasing storage costs while lowering base gas fees to optimize incentives for long-term state growth.In terms of privacy applications, Starknet launched the STRK20 privacy framework, which allows users to convert any ERC-20 asset into encrypted balances and conduct private transfers, trades, and DeFi interactions. The system is built on zero-knowledge proof technology and implements compliant auditing through an encrypted viewing key mechanism, protecting user privacy while supporting targeted information disclosure in regulatory scenarios.On-chain data shows that in Q2 2026, Starknet recorded an average daily transaction volume of approximately 239,000 and an average of about 50,000 daily active addresses. During the period, a total of 22.5 million transactions were completed, involving approximately 71,000 users. Among these, DEX aggregator AVNU contributed roughly 14 million transactions, accounting for 62.2% of total volume; gaming infrastructure Cartridge contributed 6.57 million transactions, with the two combined accounting for approximately 91% of transaction activity.
Odaily News: The KITE Foundation has provided an update on the handling of a token security incident. A new KITE ERC-20 contract has been deployed on the Ethereum mainnet, with the total token supply remaining unchanged. Old KITE tokens will be migrated to the new contract at a 1:1 ratio. Addresses confirmed to be controlled by the attacker will be excluded and will not receive new tokens.The migration snapshot is based on Ethereum mainnet block height 25,692,498. Regular self-custody wallet users will receive the new tokens directly without needing to redeem or authorize anything. Exchange users will have their migration coordinated between the exchange and the KITE team. Cross-chain channels will remain paused until migration and verification are complete.Previously, KITE detected abnormal transfers on August 6 and confirmed it had been attacked by hackers. The team stated that this incident did not result in any asset losses for users or the project, and the impact is currently under control.
Odaily News: Cryptocurrency platform Bitcoin.com has announced the integration of USDU into its self-custody Bitcoin.com Wallet, serving millions of wallet users. USDU, issued by Universal Digital Intl Limited (Universal), is the first USD stablecoin registered as a foreign payment token by the Central Bank of the UAE (CBUAE). USDU is an Ethereum ERC-20 token, with each token backed 1:1 by liquid USD reserves held by regulated banks in the UAE. The reserves are independently attested monthly by a third-party accounting firm, with reports published on Universal's official website. Bitcoin.com Wallet's web and mobile versions will support self-custody holding, sending, and receiving of USDU. Bitcoin.com will accept USDU as payment for designated services and plans to enable its use for payments between users and merchants within its products. The wallet will also offer stablecoin education and Learn-to-Earn content. Exchange and buy/sell functionalities will be launched after support from third-party service providers, with availability varying by jurisdiction. (Bitcoin.com News)
According to CoinDesk, Cash App has integrated with crypto payment platform MoonPay, expanding its cryptocurrency services from previously primarily supporting Bitcoin and the USD stablecoin USDC to various digital assets including Ethereum, Solana, XRP, and USDT.
Odaily News: Payment app Cash App is expanding its cryptocurrency services through crypto payment platform MoonPay, allowing 50 million users to purchase tokens such as ETH, SOL, XRP, and USDT. Additionally, users can top up major wallets like Ledger, BitPay, Trust Wallet, MetaMask, and Uniswap through Cash App. Previously, Cash App's crypto services only supported Bitcoin, with USDC support added earlier this year. (CoinDesk)
Bitget launches a VIP Simple Earn bonus interest event. The first phase runs from August 19 to August 26. VIP users who meet the net deposit threshold and subscribe to the corresponding ETH Simple Earn products can receive annualized bonus interest rewards distributed in the form of DOS, with a combined APR of up to 8% after stacking.
According to Cointelegraph, the Ethereum Foundation Protocol DevOps team issued a warning that due to significant adjustments to the Ethereum gas model in the upcoming Glamsterdam upgrade, some wallets, indexers, and gas estimators may experience malfunctions. Any tools relying on hardcoded maximum Gas limits will face the risk of becoming non-functional and need to be updated as soon as possible. EIP-8037 will introduce an independent "state Gas dimension" to handle operations that create new state—transfers to existing accounts will still be 21,000 Gas, but transfers to new accounts will incur additional state Gas fees. The Foundation recommends developers complete system testing on the public testnet Plataberget (launched on August 13) as soon as possible. The Glamsterdam fork is scheduled to activate on this testnet this Thursday, subsequently deployed to the Sepolia and Hoodi testnets, and finally launched on the mainnet. This upgrade also covers the Proposer-Builder Separation (PBS) mechanism, block-level access lists, as well as increases in contract and initialization code size limits.
Odaily News: The Ethereum Foundation (EF) has warned that the Gas model changes in the Glamsterdam upgrade may cause some wallets, indexers, and gas estimation tools to malfunction. The EF Protocol DevOps team stated that tools relying on hardcoded maximum gas limits will fail, and developers need to update their systems and test on the Plataberget public testnet. Plataberget went live on August 13 and is expected to run for several months. The Glamsterdam fork is scheduled to activate on the Ethereum network on Thursday, followed by deployment to the Sepolia and Hoodi testnets. EIP-8037 will introduce a separate state gas dimension for operations that create new state. Transferring ETH to an existing account will still require 21,000 gas, while transfers to new accounts will incur additional state gas; developers should also re-examine software that treats 21,000 gas as the cost for all ETH transfers, or that estimates transaction fees using only a single gas dimension. (Cointelegraph)
According to Russian crypto media Bits.media, Maria Patrikeyeva, Managing Director of the Derivatives Market at Moscow Exchange, stated that the exchange plans to launch Bitcoin and Ethereum perpetual futures contracts for professional investors and plans to gradually expand the tradable cryptocurrency varieties to 10. Perpetual futures are contracts with no fixed expiration date that are automatically rolled over daily, offering greater flexibility compared to traditional quarterly/monthly contracts. Currently, Moscow Exchange has already launched quarterly and monthly futures for five cryptocurrencies, Bitcoin, Ethereum, Solana, Ripple, and Tron, in the summer of 2025. In addition, the Russian Central Bank has recently included BTC, ETH, and USDT in the list of crypto assets allowed for trading by non-professional investors. It is worth noting that Moscow Exchange is currently on the U.S. sanctions list, with restricted access to international settlement infrastructure, and the exchange is also preparing to establish a digital settlement depository system independent of the National Settlement Depository.
According to PRNewswire, Cannan Technology released its Bitcoin production and mining operations update for July 2026. In July, the company mined a total of 46 Bitcoins and held 1,917 BTC and 3,952 ETH on its balance sheet at the end of the month. Its non-joint venture business installed hashrate at month-end was 10.05 EH/s, joint venture business installed hashrate was 4.85 EH/s; joint venture business operating hashrate rose to 4.20 EH/s.
Odaily News Ethereum developer Toni Wahrstätter stated on the X platform that Ethereum core developers are planning the next annual upgrade, "Hegotá", with 66 Ethereum Improvement Proposals (EIPs) currently on the candidate list. In the coming core developer meetings, these proposals will be filtered to ultimately determine the upgrade contents that can complete implementation, devnet testing, testnet deployment, and have the potential to launch in 2027. Proposals that fail to be included in Hegotá will be postponed to the next hard fork, making the current screening process highly significant for the future direction of Ethereum's development.Currently, FOCIL (Fork-Choice Enforced Inclusion Lists) has been confirmed as one of the key upgrade components of Hegotá. Developers believe that combining it with scoped transactions (EIP-8141), keyed nonces (EIP-8250), and root references (EIP-8272) could help build native privacy capabilities, enabling privacy applications to operate without relying on third-party intermediaries.Additionally, enhancing scalability is also a key direction for Hegotá. Developers have proposed repricing data resources (EIP-8131, EIP-8279) and state growth costs (EIP-8368) to prepare for a future increase of the Gas limit to 600 million. While these improvements are less intuitive than privacy features, they are considered critical work for advancing Ethereum's scaling in the short term.Other candidate upgrades include shorter block times (EIP-8198), issuance mechanism adjustments (EIP-8363), anti-correlation penalty mechanisms (EIP-7716), EVM optimization and simplification, as well as the first round of EIP discussions related to zkEVM and quantum-resistant cryptography.It is noted that Hegotá cannot include all features expected by the community. The core team will need to strike a balance between the "future vision" and "near-term deliverable upgrades," and most candidate EIPs may ultimately not make it into this upgrade.Currently, 256 days have passed since the launch of the current Glamsterdam upgrade, with the goal of completing deployment by the end of this year. Hegotá is planned to launch in 2027, and in the coming months, core developers and the community will engage in discussions around the prioritization of various EIPs. Community feedback will still play a role in the selection process, and participants who support or oppose a particular EIP's inclusion in Hegotá can voice their opinions to the core development team through public discussions.
Odaily News: Coinbase has announced that it will stop supporting USDC deposits and withdrawals on the Noble network as of August 17. USDC deposits and withdrawals on other supported networks, including Ethereum, Base, Solana, Arbitrum, Optimism, and Polygon, remain unaffected. Coinbase reminds users not to transfer funds to its Noble network USDC deposit address after August 17, as such funds may be irretrievable.
Grayscale Research Director Zach Pandl stated in a post that the Ethereum and Solana blockchain networks are considering adjusting their token economic models to reduce future token supply growth by lowering annual inflation rates, thereby enhancing asset scarcity. As key blockchain-native assets underpinning the stablecoin and tokenized asset ecosystems, the prices of ETH and SOL are primarily determined by supply and demand dynamics. If relevant code upgrade proposals are approved, all else being equal, lower supply growth could support token prices. ETH and SOL are becoming important digital commodities underpinning stablecoins and the tokenization of real-world assets, and tokenomic adjustments to lower inflation may further strengthen the scarcity attributes of both. According to Grayscale's analysis, if relevant adjustments are implemented, the supply inflation rates of BTC, ETH, and SOL will continue to decline over the next five years. It is projected that by the end of 2031, the annual inflation rates for Bitcoin and Ethereum will both be approximately 0.4%, while Solana will be around 1.1%, lower than gold's annual supply growth rate of approximately 1.8% and the US CPI inflation level of approximately 3.3%.
According to Calcalist, Israel's Bank Leumi announced a cooperation agreement with Nasdaq-listed company Galaxy Digital, planning to launch cryptocurrency trading services within the Leumi Trade application, allowing customers to buy, sell, and hold Bitcoin, Ethereum, and Solana. The service is expected to go live in early 2027, but requires regulatory approval from the Bank of Israel. This collaboration will integrate Galaxy's Galaxy Custody (formerly GK8) blockchain infrastructure and custody services to provide customers with access to regulated digital assets.
Odaily News – Israel's Bank Leumi has announced a partnership with Galaxy Digital to offer clients bitcoin and other digital asset trading services starting in 2027. The initial offerings will include Bitcoin, Ethereum, Solana, and others, making Bank Leumi the first bank in Israel to provide digital asset trading services to its clients. In addition, Leumi will integrate Galaxy's digital asset custody infrastructure platform to provide underlying security architecture support for the bank's digital asset services. (PRNewswire)
Odaily News - According to Gate's July wealth management monthly report, the cryptocurrency market continued its cautious recovery in July, with total market capitalization rising to $2.26 trillion, up approximately 7.6% month-over-month. BTC and ETH gained 7.3% and 18.5%, respectively. During the market recovery, demand for stable returns and diversified strategies increased, keeping Gate's wealth management business active.In conservative wealth management, Gate's fixed-term holdings in Yu Bi Bao saw BTC grow 7.3% month-over-month, while USDT surged 70.4%. Total GUSD minting rose from approximately 182 million at the start of the month to around 215 million by month-end, at one point exceeding 230 million. In advanced wealth management, Gate's dual-currency investment for BTC low-buy and high-sell strategies delivered annualized yields of 95.5% and 113.5% for 0-day terms, respectively, surpassing market averages by 34.4 and 32.6 percentage points. In July, the quantitative fund's USDT strategy posted an average monthly return of 3.0%, with Star Pioneer leading at 4.2%. Star Hedging achieved a cumulative return of 19.1%, maintaining a 100% monthly win rate for 25 consecutive months.In equity assets, Gate's platform trading structure shifted with market conditions. Korean stock trading accounted for approximately 90% at the start of the month, before U.S. stock trading rebounded to around 70%. In terms of holdings, SK Hynix ranked first with a 59.3% share, followed by SpaceX at 15.2%, reflecting that platform users' asset allocation is further expanding to cover diverse areas such as crypto assets, stable-yield products, structured strategies, and stocks.
Justin Drake stated that Ethereum L1 will no longer adopt the SNARK-friendly hash function Poseidon, which has dominated since 2019, shifting toward traditional hash functions such as SHA2 or BLAKE2s. This adjustment is based on progress in the SNARK design space, with the focus shifting from "SNARK-friendly hashing" to "hash-friendly SNARKs." By natively aligning Boolean operations in traditional hashing with binary fields, the proving performance of traditional hashes in SNARKs has reached 1 million operations per second, with an overhead of approximately 100x. Research efforts such as Binius and Flock have driven related progress. The Ethereum Foundation's post-quantum team is advancing this roadmap, which includes deploying a production-grade leanVM in 2027 and deploying across the consensus layer, execution layer, and data processing layer in 2028. Justin Drake also noted that AI's enhanced capabilities in cryptanalysis have recently dealt successive blows to the lattice-based scheme HAWK and the isogeny-based scheme SQIsign, with hash-based schemes being used for blockchain post-quantum signatures. The trend of open-source automated research is also accelerating, with SNARK.fast achieving 1.8 million BLAKE3 proofs per second.