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Bitcoin held above $78,000 and stayed flat on the week after August’s 24% gain. Ether, Solana, Tron and Dogecoin fell over 24 hours, while Hyperliquid’s HYPE token rose about 4% amid hawkish Fed expectations.
Two DeFi lenders lost more than $84 million over four days in attacks using variations of a price-manipulation strategy previously targeted by US regulators. Tectonic on Cronos accounted for roughly $75 million, according to GoPlus.
Bitmine reportedly made its largest ether purchase since June. Chairman Tom Lee said crypto’s strong third-quarter performance could attract more institutional investors, according to CoinDesk.
CoinDesk’s Aug. 31 briefing linked a U.S. debt metric to a stronger bullish case for bitcoin, but the supplied material does not identify the metric, provide its reading, or quantify its market implications.
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.
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.
More than 100 AI, cybersecurity, finance and technology organizations are urging governments and industry to improve defenses against attacks powered by increasingly capable AI models, following cases in which AI systems hacked real companies.
Chelsea FC will put Circle’s USDC stablecoin name on the front of its jerseys for the upcoming season, according to Circle. The sponsorship follows a UK FCA warning to football clubs about cryptoasset promotions.
OneKey said it reproduced a transaction-replacement exploit affecting an outdated Ledger Ethereum app in its lab. Ledger fixed the issue in version 1.22.2, and no user funds were lost during testing.
Bitcoin ETFs have drawn $2.8 billion over an eight-day inflow streak as BTC tests $80,000. An analyst said August could become the strongest inflow month since October 2025 if the pace continues.
Nvidia shares rose 8% after an earnings beat and strong outlook, lifting technology stocks, AI infrastructure companies and bitcoin, CoinDesk reported. NVDA and BTC were among the assets at the center of the market reaction.
