Headlines

Kinetiq unveils Elysium L2 with HYPE gas

Kinetiq unveiled Elysium on Aug. 24, introducing a layer-2 network designed to increase transaction capacity within the Hyperliquid ecosystem while using HYPE as its gas token. Summary Kinetiq announced Elysium, a Hyperliquid-focused layer-2 network that will use HYPE for transaction fees from launch. Fifty percent of sequencer fees will fund open-market KNTQ purchases, with acquired…

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Metaplanet moves 1,000 BTC to Coinbase Prime

Metaplanet transferred 1,000 Bitcoin, worth approximately $79.77 million, to Coinbase Prime on Aug. 25, according to blockchain analytics account Lookonchain. Summary Metaplanet transferred 1,000 Bitcoin worth roughly $80 million to wallets attributed to Coinbase Prime today. The transfer alone does not establish a sale because Coinbase Prime provides institutional custody services. Metaplanet officially holds 43,000…

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Here’s What Pioneers Need to Know

The revised model is now live. Here’s what users have to know. The Core Team behind the popular yet controversial project has officially implemented a major change to the pricing structure of its AI-powered App Studio, as they announced last week. Starting from August 24, the project will no longer heavily subsidize app creation…

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Here Are the Next Targets

It took a few attempts, but BTC finally did it earlier this morning. Bitcoin’s price revival that began last Wednesday culminated, at least for now, a few hours ago when the asset soared past $80,000 for the first time since mid-May and tapped a multi-month peak above $81,000. Analysts were quick to pick up…

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BNB Chain activates Pasteur hard fork on mainnet

BNB Chain activated the Pasteur hard fork on BNB Smart Chain mainnet at 02:30 UTC on Aug. 25, introducing three changes focused on bridge security, validator authorization and block capacity. Summary BNB Chain activated Pasteur on BSC mainnet at 02:30 UTC on August 25, 2026, successfully. Three proposals strengthen bridge verification, validator authorization and block…

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US Treasury targets Iran’s crypto sector in sanctions push

The U.S. Treasury Department has launched Operation Economic Outcast to target Iran’s international financial links, including cryptocurrency activity that American officials say supports sanctions evasion and the Islamic Revolutionary Guard Corps. Summary Operation Economic Outcast covers cryptocurrency, technology, gold, aviation, shipping and other financial channels. OFAC can sanction people operating in Iran’s crypto sector, regardless…

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