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According to Cointelegraph, DeFiLlama founder 0xngmi stated that the team had delayed the release of the official mobile application due to the long-standing presence of phishing apps impersonating DeFiLlama on the Apple App Store. The team will only release the official mobile application after all counterfeit apps have been removed to reduce the risk of users falling victim to scams.Yesterday, DeFiLlama founder 0xngmi stated, "We have been trying for months to get a fake app impersonating DeFiLlama removed from the Apple App Store and have continuously reported trademark infringement and impersonation of the official app to Apple.Subsequently, we funded a small wallet, downloaded the app, and as expected, all the funds in the wallet were stolen, so we reported this situation to Apple. As a result, the app was removed by Apple within a few days. We hope to inform other cryptocurrency companies about this so they won't waste time like we did."

Binance founder Zhao Changpeng posted on social media, "As of August 2026, over 20.07 million Bitcoins have been mined, with only about 4.4% of the supply left to be mined. I estimate that 10-20% of the existing Bitcoins are lost, stuck, or unrecoverable. It is a deflationary asset."

According to Talking Biz News citing Courthouse News Service, The Wall Street Journal requested a federal judge on Wednesday afternoon to dismiss the defamation lawsuit filed by Binance. The lawsuit targets the newspaper's reports regarding Binance covering up internal investigations, obstructing compliance, and allowing sanctioned entities to trade.In the motion to dismiss, The Wall Street Journal stated that Binance's complaint from March 2026 failed to prove actual malice at the time the relevant reports were published. Binance claimed that the reports were false because it had issued a denial statement to the newspaper, but the newspaper argued that merely repeating a self-defensive denial is insufficient to constitute a defamation claim. During the hearing, The Wall Street Journal's lawyer pointed out that Binance did not deny the core content of the three reports.

TRON Eco released the Q2 2026 Value Deflation Eco Report, with a total repurchase and destruction amount exceeding $34.75 million for the quarter, and the four core projects are advancing in coordination.JST completed its largest repurchase and destruction to date, destroying over 355 million tokens (valued at $34.59 million) in a single event, setting a new historical record, with the cumulative destruction amount reaching 17.29% of the initial maximum supply and a total value exceeding $94.62 million. SUN completed its 51st repurchase and destruction, with over 9.02 million SUN destroyed in a single quarter, bringing the cumulative destruction amount to over 678 million tokens. BTT and WIN announced mechanism upgrades, using all revenue from decentralized business and all revenue from oracle services for repurchase, with the new mechanism to be implemented regularly starting Q3. With the launch of the new mechanism in Q3, all four projects have been incorporated into a sustainable deflation framework, achieving an upgrade from "periodic incentives" to "institutionalized deflation." TRON Eco will continue to drive repurchase and destruction with real revenue, giving back to the community.

According to SoSoValue data, the cryptocurrency market sector showed mixed results, with the DeFi sector performing prominently, rising by 1.04%. Among them, Hyperliquid (HYPE) rose by 1.74%, and Chainlink (LINK) rose by 2.42%. The Meme sector increased by 0.7% in 24 hours, with Fartcoin (FARTCOIN) rising by 9.04% and Pump.fun (PUMP) rising by 8.76%.In other sectors, the PayFi sector rose by 0.4%, with eCash (XEC) increasing by 1.56%. The Layer1 sector rose by 0.2%, with Cosmos Hub (ATOM) increasing by 8.71%. Additionally, the CeFi sector fell by 0.07%, but Cronos (CRO) remained relatively strong, rising by 1.07%. The Layer2 sector decreased by 0.97%, while Optimism (OP) rose by 4.11%. The cryptocurrency sector index reflecting historical market trends shows that the ssiAI, ssiDeFi, and ssiMeme indices rose by 1.93%, 1.29%, and 1.28%, respectively.

The founder of the DeFi platform Flying Tulip and creator of the Fantom Network, Andre Cronje, stated that most DeFi protocols are no longer truly decentralized, with only a few niche areas still qualifying as DeFi. He believes that DeFi has evolved into "on-chain finance" or "open finance."He pointed out that true DeFi should possess characteristics such as decentralization, immutability, and the absence of intermediaries, while the intermediaries in most current protocols have become companies, taking on the roles of decision-makers and risk committees typical of traditional financial institutions. Cronje stated that this does not mean that true DeFi no longer exists, as some protocols are still innovating.Data from DefiLlama shows that the total value locked in DeFi has dropped from $167 billion at the beginning of October 2022 to $75 billion at the time of the original publication, a decline of more than half.The European Central Bank (ECB) analyzed Aave, MakerDAO, Ampleforth, and Uniswap in a working paper released in March, finding that based on snapshots of holdings from November 2022 and May 2023, the top 100 addresses holding governance tokens in these protocols control over 80% of the token supply. The ECB thus questioned the degree of decentralization of the relevant DAOs and whether they should continue to be regarded as "fully decentralized" services not subject to the Markets in Crypto-Assets Regulation (MiCA). (Cointelegraph)

A man in Anshun, Guizhou, used the name of a virtual currency airdrop project as a pretext to lure friends into investing with the bait of guaranteed high returns, ultimately crossing the legal red line. The People's Procuratorate of Pingba District, Anshun City, Guizhou Province, filed a public prosecution, and the court sentenced Zhao to seven months in prison for fraud, along with a fine of 5,000 yuan.Zhao had been paying attention to the field of virtual currency investment for many years and had long been posting investment insights and financial management tips on social media platforms. Zhang was also a virtual currency enthusiast, and the two met on a social platform due to their common interests, gradually becoming friends and frequently discussing investment strategies online. Through long-term communication, Zhao gained Zhang's trust with seemingly professional investment analysis. Subsequently, Zhao proposed a joint investment, to which Zhang agreed. However, after a period of investment, Zhang experienced significant losses and expressed his intention to stop further investments.On August 23, 2025, Zhao claimed that a certain app had launched an airdrop project (to promote a new project, encourage user participation, or reward loyal users, distributing native tokens of the project for free to eligible users), persuading Zhang to invest the remaining funds in his account into this project, promising a return of 100 to 200 U coins (virtual currency) within two days. Zhao also guaranteed that if there were any losses during this period, he would bear the responsibility. To further alleviate Zhang's concerns, Zhao claimed that all investment funds would be transferred to a public chain (the public address of the virtual currency). Believing Zhao, Zhang exchanged 1,757 dollars in his account for Ethereum and completed the transfer according to the wallet link provided by Zhao. In reality, the wallet corresponding to that link was a personal account registered using his girlfriend's identity information, not a public chain. The agreed time for the return of funds had passed, but Zhao had not fulfilled his promise. Zhang urged for repayment multiple times, but Zhao evaded responsibility with excuses such as sending the wrong link and needing time to track it down. On September 7 of the same year, Zhang reported the situation to the police after noticing something was wrong.On April 2 of this year, the Pingba District Procuratorate filed a public prosecution against Zhao for suspected fraud. The procuratorial agency believed that Zhao deceived others out of property by concealing the truth, with a significant amount involved, constituting the crime of fraud. Given that Zhao truthfully confessed to the criminal facts after being apprehended, showed signs of remorse, and had fully compensated the victim for their losses while voluntarily admitting guilt, he could be punished leniently according to the law.

According to The Block, Hyperliquid's treasury company Hyperion DeFi achieved a net profit of $31 million in the second quarter, setting a historical high, more than doubling from $8.8 million in the previous quarter, and compared to a net loss of about $9 million in the same period last year. The total value of the company's HYPE holdings increased from $71 million at the end of Q1 to $133 million.Hyperion's CEO stated that the company not only significantly increased its HYPE reserves but also launched several scalable businesses and new products on Hyperliquid while continuously reducing costs. The company announced a partnership with HIP-3 deployer Entropy, committing to stake 500,000 HYPE, and pledged another 500,000 HYPE to Skew Technologies to support the HIP-4 outcome market. At the end of the quarter, the company held approximately 2 million HYPE, and the stock price rose about 5% in after-hours trading.

The U.S. Treasury Department announced that the budget deficit for July was $432 billion, exceeding market expectations of $346 billion, compared to a budget deficit of $291 billion in the same period last year.

According to monitoring by Catcher Predict, in the predicted market Polymarket for the event "Dota 2: Level UP vs Rune Eaters - EPL Masters Playoffs," the "Yes" option in the sub-market "Both sides defeat Roshan" has experienced a dramatic fluctuation in win rate, soaring from 50% an hour ago to the current 90% (a fluctuation of 40%). Please note the impact of relevant breaking news.

The TRON DeFi Summer S2 event is currently ongoing. Users can stake TRX through JustLend DAO to exchange for sTRX, continuously accumulating returns while maintaining asset liquidity; the Energy generated from staking can also be rented to users with on-chain demand, forming a revenue cycle within the TRX ecosystem.As the largest single prize pool of this season, the 1.2 million USD TRX incentive pool remains open. Users can enter JustLend DAO through the Binance Wallet DeFi section, and by depositing 500 TRX, they can unlock basic staking returns and a Boosted APR of over 20%, and additionally share rewards daily. The S2 season covers core asset pools such as TRX, USDD, JST, and SUN.

According to Bloomberg, the U.S. defense technology startup Neros has completed a $250 million equity financing, raising its post-money valuation to $2.5 billion, led by Sequoia Capital and the American Strategic Technology Fund, with participation from existing investors such as Thiel Capital.Neros plans to accelerate the research and development and mass production of the attack drone Archer and the interceptor drone Bandit, and promote localized manufacturing among allies. The company's current annual production capacity is about 14,000 units, with a goal to increase Archer's annual production capacity to 1 million units by 2028.This round of funding will also be used to expand the employee count from about 200 to 350 and upgrade the handheld terminals used to control the drones and the Archer AI model, enabling it to maintain target lock in GPS-denied environments and coordinate with other drones.

TRON DeFi Summer S2 is in full swing, and this season's largest single reward pool of 1.2 million TRX incentive pool has been fully launched. Participating users can earn dual TRX rewards: basic staking rewards from JustLend DAO, plus a boosted APR of up to 20%+, along with daily sharing rewards.Users only need to enter JustLend DAO through the Binance Wallet DeFi section and deposit 500+ TRX to participate. The S2 season covers core asset pools such as TRX, USDD, JST, SUN, etc.

According to Qilu Evening News, a new type of virtual currency "staking mining" scam has recently emerged. Scammers create a perfect persona through long-term friendships on social platforms, chatting with victims for one to two months to build trust. They then guide victims to switch to overseas private communication software such as WhatsApp and Discord, inducing them to download fake mining platforms and sign contracts for authorization. Using the asset transfer permissions from the contracts, they quietly transfer funds from the victims' accounts in the background.The scammers never mention sensitive words like "investment" or "financial management," packaging the scam as "idle computing power staking mining," claiming zero risk and stable returns, and using small rebates to entice victims to increase their investments. Currently, most victims are young people with side job needs, with known losses exceeding 3 million yuan, and the highest individual loss exceeding 300,000 yuan. Victims are spread across many regions of the country. Lawyers remind that virtual currency transactions are not protected by law, and any strangers on social platforms inducing a switch to overseas software or requesting wallet authorization for unfamiliar contracts should be regarded as scams. Do not make secondary transfers.

Ethereum ecosystem infrastructure provider EthSystems announced a partnership with the local Korean institution Undefined Labs. The two parties will jointly promote the application of Ethereum technology in the fields of finance and digital assets in Korea.EthSystems will provide technical support in areas such as privacy, tokenization, and financial infrastructure, while Undefined Labs will leverage its deep understanding of the Korean market and local industry resources to assist in education, seminars, technical framework design, and use case development, facilitating the entire process from early exploration to proof of concept and then to production systems. EthSystems stated that Korea is one of the important markets for the next phase of Ethereum adoption, and this collaboration marks the starting point of its expansion in Asia.

The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against companies such as Adit Ventures Management, accusing them of defrauding investors and client funds in stock investments prior to the IPOs of SpaceX and Klarna.com.

Bitcoin News posted on the X platform that the Bitcoin Policy Institute, along with a coalition of over 40 organizations, is calling on leading AI labs to provide trusted access to their state-of-the-art AI models for qualified open-source defenders.The open letter states that Bitcoin and digital asset developers are facing increasingly complex AI-driven cyber threats, while legitimate security research is often hampered by cutting-edge model security mechanisms. Signatories including Block, Coinbase, Strategy, MARA, Galaxy, BitGo, Brink, OpenSats, Chaincode Labs, Spiral, Trezor, and Unchained are requesting early access to cutting-edge cybersecurity models, sufficient computing power, secure research environments, and the establishment of direct communication channels with AI lab security teams. The open letter states: "Defenders need cutting-edge technology; please give them a fair head start."

JUST officially launches TRON DeFi Summer S2 user voting, from now until August 17, all TRX holders can participate in the voting to decide the final allocation plan for this season's $1.2 million TRX incentive pool. The voting results will directly affect the coverage and allocation weight of the S2 season Boosted APR.TRON DeFi Summer S2 was launched on August 5, lasting for 60 days, with Boosted APR exclusive incentives covering core asset pools such as TRX, USDD, JST, SUN, etc. Users can access JustLend DAO through the DeFi section of the Binance wallet for a one-stop participation. This voting is an important action in the governance aspect of the TRON ecosystem, and community participation will influence the incentive strategy formulation for subsequent quarters. Holders can participate in the voting through the official JUST account.

Ethereum developers proposed a "Tapered Issuance Burn" mechanism, planning to gradually burn a portion of the idealized rewards for validators as the ETH staking ratio increases; when the staking amount approaches 50% of the total supply, the net issuance of ETH will drop to 0%. The author of the proposal stated that the ETH staking ratio exceeded one-third of the total supply in April; if not adjusted, Jerome de Tychey indicated that by January 2028, the staking amount could exceed 70 million, accounting for more than 55% of the supply.Supporters believe that excessive staking may cause small independent validators to lose economic viability first, leading to staking concentration among custodial institutions and large service providers; the plan is proposed to be implemented over 18 months, with an additional approximately 6 months reserved for preparation before potential network upgrades. Aave founder Stani Kulechov stated that once the staking rate exceeds 50%, rewards will drop to 0%, and the uncertainty of returns may weaken institutional staking and DeFi demand. He pointed out that ETH lending strategies may be affected, and this proposal is still in its preliminary stage.