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1:1 compensation for legitimate holders prior to the vulnerability incident; The Sandbox will reimburse cross-chain SAND using treasury funds

Odaily News, The Sandbox has released a post-mortem report on the August 22 vulnerability incident. The report shows that attackers exploited vulnerabilities in contracts related to cross-chain configurations on Base and BNB Smart Chain (BSC), stealing 14,742,341.84 SAND from the Ethereum treasury, accounting for approximately 0.5% of the maximum supply, with an estimated economic impact of approximately $1.4968 million, of which about $987,000 was actually retained by the attackers. The Ethereum mainnet and Polygon network were not affected. Until further notice, please do not purchase or send SAND on Base or BNB Smart Chain. Contracts deployed on Base and BNB Smart Chain have been permanently deactivated and will not be reopened. The Sandbox stated that the team has reported the attacker's wallet address to blockchain analysis firms TRM Labs and Chainalysis, and has communicated directly with relevant exchanges. The Sandbox also announced a compensation plan, which will compensate wallets that legitimately held cross-chain SAND on Base or BSC prior to the incident at a 1:1 ratio in Ethereum SAND. Compensation funds will come from The Sandbox treasury, with no new tokens issued. The claim process will open within the next two weeks and remain open for two weeks.

Rockawayx Acquires Relayer Capital, Adding Long/Short Strategy with ~70% Returns Since 2026

Odaily News: Digital asset investment platform Rockawayx has acquired digital asset hedge fund Relayer Capital, incorporating its directional long/short strategy into its approximately $2 billion investment platform. Relayer Capital founder Austin Barack will continue to oversee the strategy and assume the role of Chief Investment Officer of the newly renamed Rockawayx Liquid Opportunities Fund.Rockawayx CEO Viktor Fischer stated that the fund will invest in highly liquid crypto tokens and digital asset-related equities, with a focus on identifying assets that are mispriced relative to their business fundamentals, market position, or growth prospects. The fund is currently open to new external investors.Rockawayx disclosed that the strategy's estimated net return from the start of 2026 through August 21 stands at approximately 70%, outperforming a weighted portfolio of Bitcoin, Ethereum, and Solana by 86 percentage points. Major contributing positions include Venice AI, Hyperliquid, Grass Network, Pump.fun, and Zcash, with investment themes centered on AI and tokenized real-world asset markets.The acquisition adds a directional liquid strategy to Rockawayx's venture capital and market-neutral businesses. Rockawayx also operates infrastructure and onchain liquidity divisions, noting that these capabilities support its team in identifying blockchain market opportunities across stages—from early-stage funding and token issuance to public market trading. (Bitcoin.com News)

Vulnerability fixed; Ledger Ethereum app users can obtain protection by updating device firmware and apps

Odaily News: Ledger Chief Technology Officer Charles Guillemet stated that a smart contract security company recently claimed to have discovered a vulnerability in the Ledger Ethereum app. The Ledger Ethereum app did previously contain a vulnerability related to certain Clear Signing processes, but it was identified by Ledger's in-house security research team, Donjon, using an AI-driven vulnerability research tool, and was fixed and deployed two weeks ago. The security company in question only contacted Ledger's bug bounty program after the fix had already been completed, failing to follow responsible disclosure procedures and without communicating with the bug bounty team, then published content implying that the issue remained unresolved. Guillemet stated that users who promptly update their Ledger device firmware, Ledger apps, and related software will receive the latest security fixes.

Ethereum researchers propose a quantum-resistant deposit contract scheme, aiming to phase out BLS validator signatures.

According to CoinDesk, Ethereum researchers have proposed an early draft to rebuild the validator deposit contract, enabling support for new cryptographic signature schemes with quantum resistance, and providing a mechanism for ceasing to accept existing BLS signature deposits in the future.

Ripple stablecoin RLUSD market cap surpasses $2 billion, with nearly $1 billion issued on XRP Ledger

Odaily News - Ripple's stablecoin RLUSD has surpassed a $2 billion market cap, becoming one of the fastest-growing projects in the stablecoin market.Data shows that RLUSD's total issuance currently stands at approximately $2 billion, with about $963 million deployed on the XRP Ledger and approximately $1.1 billion issued on the Ethereum network. Ripple previously stated that RLUSD will integrate with its global payment network to provide enterprises and financial institutions with more efficient on-chain liquidity solutions. (CoinDesk)

OKX Flash Earn Lite Launches AEON "Staking Rewards," Offering a Share of 4,100,000 AEON Rewards

: According to official sources, OKX Flash Earn Lite will launch AEON "Staking Rewards" from August 31, 2026, 15:00 to September 5, 2026, 15:00 (UTC+8). During the event, users who participate by locking BTC, ETH, OKB, or AEON can share a total of 4,100,000 AEON airdrop rewards. Notably, ETH borrowed via flexible borrowing will not be counted toward the valid subscription amount.Users can start subscribing in advance from now on, with rewards calculated after the event officially begins. Participation is available via the event link or by tapping "Flash Earn" at the top of the Explore page in the OKX App.

Stablecoin card cumulative top-ups reach $13.8 billion, with USDC leading consumer spending volume

Odaily News: As of August, cumulative top-ups on USDC- and USDT-linked stablecoin cards have reached $13.8 billion, an increase of nearly $10 billion over the past 12 months. Stablecoin cards are shifting USDC and USDT from trading balances toward everyday consumer use cases.USDC currently leads in tracked card spending, while USDT is accelerating its catch-up. The two follow different adoption paths: USDC benefits more from fintech integrations and payment infrastructure, whereas USDT is more active across exchanges, remittances, and emerging markets.On-chain settlement also reflects a multi-chain distribution, with Base leading at approximately $1.2 billion, followed by Solana at $635 million, Polygon at $544 million, and Optimism at $509 million. Networks such as Arbitrum, Scroll, Ethereum, and Stellar are also carrying significant activity.Stablecoin cards still rely on traditional payment networks like Visa and Mastercard, shifting the competitive focus toward custody, FX costs, cashback, and capital efficiency. Meanwhile, Circle has renewed its USDC partnership with Coinbase under the original terms, excluding any dividend arrangements. (Bitcoin.com News)

Ethereum's Glamsterdam Upgrade Adjusts Gas Costs, With Some Smart Contracts Requiring Adaptation

The Ethereum Foundation stated that the upcoming Glamsterdam upgrade will adjust the gas costs for creating and accessing on-chain state through EIP-8037 and EIP-8038. After conducting replay tests on historical mainnet transactions, the team found that a small number of smart contracts rely on existing gas cost assumptions and may experience execution failures or performance degradation under the new rules. However, the vast majority of smart contracts remain unaffected, and most issues can be resolved by increasing the gas limit.

Lisk Chain will shut down and gradually dissolve its DAO, plans to burn 100 million LSK and pivot to an enterprise treasury management platform

Odaily News: Lisk founder Max Kordek announced that Lisk will pivot to a treasury operations platform for enterprise finance teams, offering treasury management services such as accounts, payments, and approvals, while gradually winding down its original blockchain ecosystem. The new platform targets enterprises operating across entities and jurisdictions that use both fiat and stablecoins. Early access is now available for qualified companies, supporting unified management of bank and stablecoin accounts, bank transfers, stablecoin payments and receivables, and permission-based payment approvals. Future plans include corporate cards, non-custodial treasury management, and payroll integrations.Lisk Chain will shut down on October 31, 2026. Lisk has partnered with the Celo team to provide a migration path for on-chain DApps, developers, and projects to move to the Celo network.Lisk also proposed a plan to gradually dissolve the Lisk DAO, including burning 100 million LSK from the DAO treasury, reducing total supply from 400 million to 300 million; removing staking penalties and allowing holders to flexibly unstake, while gradually shutting down DAO governance infrastructure.Lisk stated that LSK will transform into a "loyalty token" for the new platform, where enterprises can earn rewards by using Lisk's treasury operations platform and referring other businesses, and may also use LSK to pay platform fees in the future. LSK will primarily operate on Ethereum and Base going forward. Users who still hold LSK on Lisk Chain must complete the migration to Ethereum before October 31.

XMR, ZEC can be natively exchanged for BTC, ETH, and stablecoins; THORChain launches version 3.20

Odaily News: THORChain announced the launch of version 3.20, adding native cross-chain swap support for Monero (XMR) and Zcash (ZEC). Users can directly swap XMR and ZEC for Bitcoin, ETH, and stablecoins without wrapping assets, registering on centralized exchange accounts, or relinquishing asset custody. This upgrade also introduces Protocol-Owned Liquidity (POL) and Stable Reserve, and restores support for Solana, Base, and BNB. Among these, Stable Reserve supports zero-liquidity-fee swaps between stablecoins.

Thai SEC Seeks Public Comment on Domestic Crypto ETF Regulatory Framework, Initially Limiting Underlying Assets to Bitcoin and Ethereum

The Securities and Exchange Commission (Thailand) has issued an announcement soliciting public comments on the draft regulatory framework for establishing cryptocurrency exchange-traded funds (crypto ETFs) in Thailand, as well as the revised eligibility requirements for mutual funds and private funds to engage foreign digital asset custodians, with a comment submission deadline of September 20, 2026.

X plans to launch cryptocurrency trading button

Former X product lead Nikita Bier said that X now supports adding Solana and Ethereum charts to posts and plans to launch a trade button soon. Users can also paste the contract addresses of newly issued tokens. He also stated that the strength in the crypto market is linked to the US Treasury's announcement of bond buybacks and the weakening of the US dollar.

Bitget PoolX: Lock ETH and TMX to Unlock 1.38 Million TMX

TermMax (TMX) has launched on Bitget PoolX, allowing users to lock ETH or TMX to share a total airdrop of 1,380,000 TMX tokens. The lockup period runs from 20:00 UTC+8 on August 25 to 20:00 UTC+8 on August 30. The ETH lockup pool accounts for a total airdrop allocation of 1,290,000 TMX, with an individual lockup limit of 1,500 ETH. This pool also incorporates a long-term holding bonus mechanism: the system will apply an additional bonus to the locked amount based on the user's minimum balance for the corresponding locked asset over the past 15 days. The TMX lockup pool allocates a total of 90,000 TMX for airdrops, subject to an individual lockup cap of 4,200,000 TMX.

Holding $211.53 Million in Short Positions, Wintermute Halves HYPE Short Size

Odaily News According to Onchain Lens monitoring, Wintermute (0xecb...2b00) has increased its short exposure on Hyperliquid from $190.77 million to $211.53 million since the last update; its HYPE short has decreased from $11.43 million to $5.6 million. Current major short positions include: Bitcoin $70.8 million, ETH $53.83 million, SOL $17.63 million, XRP $7.41 million, DOGE $6.79 million. Current unrealized loss stands at $4.12 million, with $2.27 million in funding fees already received.

Mainnet trading is now live, HertzFlow adds 390,000 WLFI liquidity rewards

: HertzFlow, a perpetual contract protocol supported by YZi Labs, has opened mainnet trading. Users can trade, provide liquidity, and invite friends to earn Merit points. Previously, the Genesis Vault pre-deposit campaign was completed, and early participants have received 230,000 WLFI in allocations. The project is now adding 390,000 WLFI in liquidity rewards to the USD1 Vault. The campaign runs until August 31, has no cap, and is open to all users. Active users who have already participated in the pre-deposit campaign or testnet can directly access the mainnet, while new users need an invitation code. The platform currently supports BTC, ETH, and BNB trading pairs, with more markets to be expanded in the future. HertzFlow aims to create permissionless leveraged trading markets for oracle-backed assets and activate on-chain liquidity on BNB Chain through composable DeFi strategies.

USDD officially launches Vault functionality on Ethereum, supporting ETH and WBTC collateralized minting.

Multi-chain decentralized overcollateralized stablecoin USDD has officially launched its Vault feature on Ethereum, enabling users to mint USDD using ETH and WBTC as core collateral assets. This upgrade further expands upon the previously launched TRON chain Vault, signaling that the USDD Vault module has officially entered a dual-chain driven phase with ETH and BTC as the dual-core mainstream collateral assets, providing more entry points for mainstream asset holders to participate in the USDD ecosystem.

Besu fixes 5 security vulnerabilities, version 26.7.1 released on July 27

Odaily News: Ethereum client Besu has fixed 5 security vulnerabilities discovered by blockchain security firm CertiK in version 26.7.1 released on July 27, and published 4 detailed security advisories on August 14. Vulnerability details were disclosed after a delay to allow node operators to complete upgrade deployments.Jialiang Chang, Director of Security Engineering and Senior Audit Partner at CertiK, stated that the arrangement of releasing patches first and details later provided an 18-day buffer period, allowing node operators to identify affected deployments, test new versions, and coordinate with validators or consortium participants to complete upgrades.The vulnerabilities involve block broadcast handling, caching of future-height consensus proposals, WebSocket subscription limits, and JSON-RPC filter creation. If left unpatched, attackers could exhaust node memory or thread resources, impacting node availability and consensus processing.Using the Chain Scan methodology, CertiK conducted adversarial testing on peer-to-peer, HTTP RPC, WebSocket RPC, and consensus interfaces in a private multi-node test network, and provided reproducible testing tools to the Besu team. CertiK is updating Chain Scan to expand round-the-clock multi-node testing on public chain networks. (Bitcoin.com News)

The Ethereum Foundation will sponsor the inaugural Workshop on Privacy-Preserving Technologies WPPT 2026.

The Ethereum Foundation announced on Twitter that it will sponsor the inaugural Workshop on Privacy-Preserving Technologies (WPPT 2026). The workshop is an affiliated event of Asiacrypt 2026 and will be held in Hong Kong in December 2026. Organized by staff from the Ethereum Foundation, it focuses on topics such as ZK, MPC, FHE, PIR, privacy identity, blockchain privacy, and practically deployed privacy systems, aiming to connect theoretical research with practical applications. Official calls for demonstration papers are now open; submissions require abstracts of no more than three pages, with a deadline of September 25.

Opponent of the CLARITY Act, Congresswoman Rashida Tlaib, disclosed as holding Bitcoin and Ethereum ETFs

Odaily News: The latest financial disclosure from Michigan Democratic Congresswoman Rashida Tlaib shows that her retirement accounts hold Bitcoin and Ethereum-related ETFs, including up to $15,000 in the Grayscale Ethereum Staking Mini ETF, as well as up to $15,000 in the iShares Bitcoin ETF.Tlaib previously voted against the CLARITY Act, which supports cryptocurrency market structure legislation, and supported a resolution aimed at prohibiting so-called "crypto corruption." In addition to crypto asset-related ETFs, Tlaib's investments also include European and Asian market funds, international bond funds, and funds used to hedge against dollar risk. Her assets are distributed across accounts such as traditional IRAs, Roth IRAs, and college savings accounts. (New York Post)

Upbit Will List Interfold (FOLD) KRW, BTC, and USDT Trading Pairs

According to the Upbit announcement, Upbit will add trading support for Interfold (FOLD), opening KRW, BTC, and USDT markets, and support deposits and withdrawals on the Ethereum network. FOLD deposit and withdrawal services are expected to open within 2 hours after the announcement, with trading expected to begin on August 23 at 12:30.