The layer-1 protocol operated by Harmony plans to revert its shared ledger to August 11, 2026. The emergency technical measure aims to erase forged ONE tokens generated after attackers exploited a network vulnerability to mint unauthorized supply.
Author: Liam Hunter
Liam Hunter
Liam Hunter focuses on the on-chain systems where liquidity, risk and protocol mechanics become visible. He writes about DeFi, DEXes, perpetuals, Smart Money flows, hacks and Ethereum-linked infrastructure, with an emphasis on what the data shows, what remains uncertain and where market interpretation can go too far.Market developments and regulatory context are part of his reporting when they intersect with Web3 or DeFi activity.
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The Austrian Financial Market Authority officially published a fine of 70,000 euros against Bitpanda GmbH on August 14, 2026. This administrative sanction represents the first published final penalty delivered under the European Union Markets in Crypto-Assets Regulation.
The Ethereum Foundation will abandon the use of the Poseidon hash function on its Layer 1 architecture. On August 13, researcher Justin Drake confirmed the definitive move toward standard alternatives like SHA-2 or BLAKE for the core network design.
The XRP token fell below the $1 threshold in mid-August 2026, reaching a level not seen since late 2024. This price action continues a broader corrective trend following a decline below 1.40 dollars recorded during earlier market trading sessions.
Fidelity Investments submitted an official regulatory filing to incorporate network staking rewards into its spot Ether exchange-traded product in the United States, officially named the Fidelity Ethereum Fund (FETH). The documentation was filed on August 11, 2026.
The TRON network processed $2.1 trillion in USDT transfers during the second quarter of 2026. Data published alongside the TRON DAO quarterly research report shows that operational activity maintained rapid momentum across global settlement channels.
Investigations into the Coldcard exploit face technical discrepancies when quantifying the total theft. A detailed report on the hardware wallet exploit points to estimates ranging between 1,432 and 1,816 extracted bitcoins across the network.
Bitdeer produced 2,694 BTC during Q2 2026, representing a nearly fivefold increase from 565 BTC mined in Q2 2025. The company’s official second quarter financial report published on August 10, 2026, confirmed the expansion in its self-mining operations.
On August 6, 2026, Nasdaq-listed Bitcoin mining company CleanSpark reported third-quarter fiscal 2026 revenue of 138 million dollars for the period ended June 30.
Crypto perpetual futures trading volume on centralized exchanges (CEXs) fell to $4 trillion in July 2026. The figure marks a 31-month low last seen in December 2023, according to a report published by CryptoRank on August 7, 2026.
