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Zano, the privacy blockchain, announced a network update stating that the core team discovered a serious vulnerability in the Gateway Address, allowing unauthorized ZANO and fUSD to enter circulation. Investigations show that the wallet's payment keys or the privacy of ordinary transactions were not compromised, and Zano's core consensus mechanism was also unaffected.The team has developed a solution to clear all unauthorized activities by coordinating a network upgrade. To ensure network integrity, the Zano blockchain has been restarted from block height 3,833,000 (i.e., before the 6th hard fork), affecting approximately one month of on-chain historical records. Nodes, miners, stakers, and related services need to adopt the emergency update as soon as possible.The team stated that they will work with affected projects to address the losses and will announce compensation and claims processes, striving to compensate the community. Technical reasons and related code review results will be disclosed in the follow-up.

The official Cosmos Hub announced on platform X that the validators have successfully restarted the Cosmos Hub network as scheduled, block production has resumed, the network is operating normally, and they will continue to monitor the network status and provide further updates.

The PermissionDelegationV1_1 upgrade of the XRP Ledger entered a 14-day activation countdown on September 21, having received support from 29 of the 35 trusted validator nodes. If the support rate remains above 80% during this period, the upgrade could officially activate as early as October 5 at 11:18 UTC; at least 28 validator nodes must continue to support it, or the countdown will reset.This feature allows accounts to split permissions by role. For example, a stablecoin issuer can allow a connected compliance system to approve customer accounts holding its tokens while keeping the keys with full control offline; operational accounts can gain payment permissions but cannot change keys or delegate authority to others. Each trustee can have up to 10 permissions, and the main account can modify or revoke them at any time.This is the network's second attempt to introduce this feature. The original version had vulnerabilities that attackers could exploit to make others pay transaction fees with improperly signed transactions, and by repeatedly submitting high-fee transactions, they could deplete the victim's XRP balance. This vulnerability was reported by community testers on September 15, 2025, and validator nodes were advised to reject the amendment, so it was never activated. The fixed version was released with xrpld 3.3.0, changing the way unauthorized transactions are rejected, ensuring that fees are not deducted before signature verification.

Ethereum Institutional announces the relaunch of the Ethereum Institutional Forum, a curated series of closed-door events aimed at senior institutional participants and leading voices in the Ethereum ecosystem. The forum was initially launched during the Ethereum Foundation and has been held in Hong Kong and New York. It returns as a dedicated series designed to provide a trustworthy and neutral environment to understand the direction of Ethereum technology and its commercial implications.EIF III will be held on November 12 in London, bringing together banks, asset management companies, market infrastructure, and ecosystem leaders including Ethereum researcher Justin Drake. Topics include the Ethereum technology roadmap, post-quantum security, native issuance, and the role of Ethereum as on-chain financial infrastructure.

This week's upcoming release of the U.S. Producer Price Index (PPI) has become a key point for judging whether inflation is re-accelerating. Bitget CFD Chief Analyst Lewis Huang pointed out in a live broadcast that, against the backdrop of 162,000 new non-farm jobs and an unemployment rate holding steady at 4.1%, the demand side in the U.S. remains resilient. If core PPI and service prices continue to stay high, companies may pass costs onto consumers, driving up subsequent CPI and prompting the market to reprice the Federal Reserve's policy path of "maintaining high interest rates for a longer period."Lewis Huang further analyzed two scenarios: if PPI exceeds expectations but CPI remains moderate, it indicates that companies lack pricing power and can only compress profit margins to absorb costs; if both PPI and CPI exceed expectations, it signifies that the inflation transmission chain has reopened, potentially serving as a catalyst for a stronger dollar and U.S. Treasury yields. From a trading perspective, if PPI exceeds expectations and drives the dollar up, gold and high-valuation tech indices like the Nasdaq 100 may come under pressure; conversely, if PPI falls short of expectations and the dollar retreats, it would support a rebound in gold and growth stock indices.Lewis Huang reminded traders that they should not only focus on the first wave of market movements following the data release but also observe whether PPI is confirmed by CPI, the dollar, and U.S. Treasury yields. If the rise in PPI is merely a short-term cost shock, the market impact will be limited; if costs continue to be transmitted to consumers, the market narrative may shift back to "recurring inflation and the continuation of high interest rates."

Huang Licheng posted, "I personally speculate that my proposal to acquire Friend.tech was blocked by Paradigm, so I withdrew my offer. If the project's founder Racer relaunches Friend.tech on the Robinhood Chain, I will support it."

Fogo's official announcement states that the Fogo mainnet has been restarted and is operating normally. A total of 400 million FOGO tokens were stolen in this incident, of which 237 million have been recovered and permanently removed from the total supply.The official statement indicates that they are working with centralized exchanges and law enforcement to continue recovering the remaining affected assets. The investigation is still ongoing, and further information will be released through this official channel; please rely solely on updates from this channel.

According to The Defiant, the Fogo mainnet has stopped producing blocks for about 46 hours since Saturday afternoon due to an attack on the Fogo Foundation, resulting in 4 million FOGO tokens (approximately 10.3% of the circulating supply) being transferred to the attacker's address. The foundation initially stated that the chain itself was unaffected, but 15 hours later, the network was actively paused, and plans were made to restrict the related addresses through an upgrade. Currently, the Fogo official explorer shows the last block as 718,525,971, and the RPC endpoint returns a 502 error, while the on-chain TVL tracked by DefiLlama has been frozen at $987,000 for three consecutive days.This downtime is attributed to Fogo's validator design: the chain is managed by a council of 7 voting validators, with the foundation staking evenly among 7 operators, allowing for coordination to pause and implement a client-level address blacklist within minutes. On the exchange side, both KuCoin and Gate have disabled FOGO deposits and withdrawals but retained trading, with a 24-hour spot trading volume of approximately $2.3 million. Meanwhile, a Twitter account impersonating the Fogo Foundation, @FcgoFNDN, posted a false compensation voting link, and Fogo officials reminded users to rely only on information from official channels.Fogo is the second network to actively pause over the weekend, following Cronos, which rolled back its state due to an attack on the Tectonic lending protocol. Fogo raised approximately $7 million by selling 2% of its supply through Binance before launching its mainnet in January, with a valuation of $350 million. The foundation has not yet disclosed details of the attack, compensation plans, or a restart timeline.

As Bitcoin's price rose to about $79,007 on Sunday, the 840,447 Bitcoins held by Michael Saylor's Strategy had a total value of approximately $6.64 billion, about 4.4% higher than its average purchase cost of $75,653, resulting in an unrealized gain of over $2.8 billion. Saylor posted a chart of his holdings on the X platform with the caption "We're Back," sparking speculation in the market about a possible resumption of buying.Strategy typically discloses its weekly Bitcoin purchases on Monday mornings, and the company has not increased its holdings for about two months. Recently, Strategy raised $334 million by selling MSTR stock without touching its Bitcoin holdings and sold a small amount of Bitcoin to pay preferred stock dividends and buybacks, indicating a shift in capital management strategy. Bitcoin fell to $76,877 last Friday due to comments from Federal Reserve Chairman Waller about inflation cooling less than expected, but it remains far below the historical high of about $126,000 in October.

According to Bloomberg, the new regulations on cryptocurrency asset financing proposed by the U.S. Securities and Exchange Commission (SEC) this month aim to restart the ICO financing model. The proposal allows startups to raise up to $5 million within four years and large projects to raise up to $75 million annually without full SEC registration.However, the market environment has fundamentally changed: in January 2018, ICO financing reached $3 billion, but now VC token trading volumes have significantly declined, and speculative funds have shifted to perpetual contracts, prediction markets, and AI stocks. Dragonfly partner Tom Schmidt stated, "Having something is better than having nothing, but it would have been more useful if launched a few years ago." Pantera Capital partner Cosmo Jiang pointed out, "Previously, meme coins that were legal but had actual value were illegal, which is completely contrary to the way capitalism operates." Analysts believe, "The ICO of 2026 is not the ICO of 2018; the era when white papers and dreams could attract capital has ended."

Huang Licheng stated that the current market value of Friend.tech is less than $300,000, and he has made a $1 million acquisition offer to Friend.tech founder Racer and Paradigm. Huang Licheng mentioned that if the acquisition is completed, Friend.tech could be restarted by taking over the CTO through the community.As a result of this statement, the market value of Friend.tech has rebounded to over $2.2 million.

On August 24, recent news reported that some banks in Hong Kong have initiated a source of funds declaration procedure for certain existing mainland investment clients, setting deadlines of August 20 (services may be suspended if not submitted) and September 12 (services may be terminated if not submitted).Previously, in response to requirements from the Hong Kong Securities and Futures Commission and the Hong Kong Monetary Authority, some banks have begun to require new mainland account investors to confirm that their source of funds comes from legitimate overseas channels. This source of funds confirmation procedure targets existing mainland investor accounts, primarily focusing on long-term "inactive accounts." It is understood that some licensed institutions in Hong Kong, including HSBC Hong Kong and branches of Chinese banks in Hong Kong, have indeed implemented such measures recently.

Arthur Hayes reposted his interview video on the X platform, stating that the Ethena (ENA) ecosystem is currently facing a downturn, but as the market environment improves, its yield mechanism may restart. The ENA price has dropped about 99% from its historical high, with pressure from venture capital firms and a sluggish crypto market leading to a decline in yields, causing the entire mechanism to stagnate.Arthur Hayes indicated that if Bitcoin rises and triggers a massive short squeeze, the market basis may quickly widen, and a higher basis would drive Ethena's yield from the current approximately 4% up to 8%-9%. Once yields rebound, Ethena's yield-driven mechanism may re-establish a positive cycle, revitalizing the ecosystem.

According to monitoring by BitcoinTreasuries.NET, Strive has resumed accumulating SATA after a break of more than two months, having purchased 31 bitcoins.

According to on-chain analyst Ai Yi (@ai_9684xtpa), the "Set 10 Big Goals" has reopened on Binance after a month (July 27). Currently, the total value of its short positions in BTC and ETH contracts is approximately 222 million USD, with a cumulative floating profit of about 401,000 USD.In terms of BTC, it holds a 4x leveraged short position, totaling 2,236.384 BTC, with a position value of approximately 156 million USD, and the opening price was 69,826.87 USD, currently with a floating profit of about 369,000 USD.In terms of ETH, it holds a 6x leveraged short position, totaling 29,316.677 ETH, with a position value of approximately 66.1 million USD, and the opening price was 2,254.74 USD, currently with a floating profit of about 32,000 USD.

According to The Block, former Coinbase Chief Technology Officer and former general partner at a16z Balaji Srinivasan has relaunched Network School in Kazakhstan. Less than a month prior, the project was halted in Malaysia by local authorities.The new campus is established in collaboration with the Kazakhstan government. Network School, driven by Balaji, is positioned as an educational and community experimental project centered around the concept of network states, aimed at gathering entrepreneurs and tech talent for learning and collaboration.

According to ChianCatcher news, crypto KOL KUAI DONG tweeted that, after verification from multiple sources, Bitget will restart its CNY / RMB related C2C business that has been suspended for 3 years. The exchange has recently recruited many related professionals with high salaries in the talent market, and internally considers this business as one of the most important this year after its US stock business. The underlying reason is to facilitate the entire process for those seeking to invest in US stocks, from depositing funds, obtaining stablecoins to investing in US stocks.Earlier, Bitget's Chinese region head, Xie Jiayin, tweeted, "The most important thing of this year is about to come, perhaps you will look forward to it, and you won't have to trouble yourself anymore."

According to a report by a financial magazine, multiple trading insiders revealed that the large model company DeepSeek has restarted its second round of financing, planning to raise 50 billion yuan, with a pre-investment valuation of approximately 500 billion yuan, and plans to complete the signing by late August.Several investors mentioned that DeepSeek's second round of financing had at least started in mid-July, but was suddenly paused at the end of July. At that time, some investors on the negotiation standby list were informed that the plan to sign the financing agreement was postponed. According to media reports on July 26, DeepSeek paused its second round of financing, one reason being that DeepSeek's founder Liang Wenfeng was dissatisfied with widely circulated comments online, which mainly revolved around the suspected leak of the "transcript of the investor meeting."DeepSeek and the investors at the negotiation table hope that this financing can proceed discreetly after the restart. Currently, some investment institutions that had previously been actively in contact have stated that they have not received news of DeepSeek restarting the financing, and the channel remains in a paused state.

According to Etoday, the South Korean Democratic Party stated that it will restart the special task force on digital assets after completing adjustments to its internal leadership and plans to propose the "Basic Law on Digital Assets" in September, aiming to complete legislation within the year. Democratic Party member Park Min-kyu mentioned that the content of the bill and the submission time will be coordinated by the National Assembly, the presidential office, and relevant departments, with discussions expected to start as early as early September.In addition to clarifying the issuers of stablecoins, it is also necessary to improve the supporting systems for market structure, security, and regulation, and to establish a localized digital asset system that aligns with South Korea's financial regulatory environment. Furthermore, Democratic Party member Min Byeong-deok suggested developing the Korean won stablecoin as a payment and settlement tool to support the overseas development of Korean culture, business, tourism, and manufacturing.