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Crypto
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Robinhood Chain Surpasses Ethereum in Daily Revenue on Memecoin Activity
Robinhood Chain recorded $2.66 million in revenue and 5.52 million transactions on Aug. 30, surpassing Ethereum’s daily revenue as memecoin tools drove most activity and users launched 22,600 tokens.
Hyperliquid and Pump.fun Drive Nearly 90% of 2026 Crypto Buybacks
Crypto projects have spent a record $638 million on token buybacks in 2026, with Hyperliquid and Pump.fun responsible for nearly 90% of the total, according to figures cited by the Financial Times.
Cronos pauses network after alleged $75 million Tectonic lending exploit
Cronos validators halted the network after an alleged $75 million exploit at Tectonic. CoinDesk said the attacker inflated thinly traded TONIC by 100 times, used it as collateral and left most borrowed funds stranded.
Strategy’s Bitcoin Holdings Show $2.8 Billion Gain as Saylor Hints at Possible Purchase
Bitcoin’s rally to around $79,000 lifted Strategy’s 840,447 BTC holdings roughly $2.8 billion above cost. Michael Saylor’s “We’re Back” post prompted speculation that the company could resume buying, though no purchase was confirmed.
BitGo Shifts Focus as NYDIG Prioritizes Power and Compute Expansion
BitGo is paying roughly $42.5 million upfront for institutional trading capabilities while NYDIG prioritizes a claimed power-and-compute footprint of more than 3 gigawatts. CryptoSlate said profitability remains unproven for both strategies.
Crypto stock tokens show limited weekend activity as liquidity thins
Crypto stock tokens barely moved over the weekend, while four Aerodrome pools displayed $6.07 million in liquidity. CryptoSlate said Aave V3 records listed no liquidity for the B20 assets examined.
US Treasury’s $739B Borrowing Plan May Draw Liquidity From Crypto
The US Treasury plans to borrow $739 billion from July through September while buying back some older bonds. CryptoSlate says the new debt issuance could absorb liquidity before the impact of buybacks reaches Bitcoin and other risk assets.
Bitcoin ETF inflows reverse after $3 billion streak while ETH, XRP and Solana attract buying
Bitcoin ETF inflows posted a $201.9 million reversal after a roughly $3 billion streak, but the week remained positive. Ethereum, XRP and Solana continued to see buying, according to CryptoSlate.
Swift’s global payments network confronts a blockchain challenge
Blockchain payment infrastructure is challenging Swift’s established role, while bankers argue its 11,500-institution network can absorb the technology. Crypto executives instead see blockchain as a potential replacement for Swift.
AI Agents May Need a New Digital Currency for Machine-to-Machine Payments
Crypto executives agree AI agents will need to transact with one another, but they disagree on the solution. CoinDesk reports the eventual machine-payment currency could be a stablecoin—or an asset that has not yet been invented.
BitGo Acquires NYDIG’s Institutional Trading Business in $42.5 Million Deal
BitGo is buying NYDIG’s institutional trading arm in a roughly $42.5 million cash-and-stock deal, adding derivatives, structured products and capital-markets capabilities while NYDIG focuses on power and data centers.