Author: John Smith

Aster has activated AOS-2, requiring projects to stake 1 million ASTER for four years before validators can approve a new perpetual market. Summary Applicants must stake 1 million ASTER for four years, with no early withdrawal option. Successful proposals will move to Aster’s risk team before the contract launches on T+1. Projects that fail the validator vote will receive their full ASTER stake back. AOS-3 will follow, although Aster has not disclosed its rules or launch date. AOS-2 opens Aster perpetual listings to applicants Aster said in an Aug. 11 X post that the standard replaces private listing talks with…

CeDeFi trading platform Grvt has partnered with Ondo Finance to build a position of up to $100 million in the tokenization firm’s yield-bearing USDY product over the next 12 months. Summary Grvt plans to build a $100 million position in Ondo Finance’s USDY token over the next 12 months. USDY returns will feed into Grvt Earn’s base rate, allowing users to access the yield without buying or managing the token directly. At USDY’s current APY of about 3.5%, a fully deployed $100 million position would generate roughly $3.5 million in annualized gross yield. The planned allocation would equal about 4.6%…

Ethereum price fell 2.6% toward $1,870 on Aug. 11 after another rejection below $1,950 triggered long liquidations, while traders reduced risk ahead of the latest U.S. inflation report. Summary Ethereum price fell 2.6% toward $1,870 after buyers failed to sustain a move above $1,900. The daily RSI remains neutral at 51.63, but ETH is below three major moving averages. Liquidation clusters at $1,895 and $1,940 could amplify a recovery, while $1,857 anchors downside liquidity. Analysts identify $1,850 as the bullish invalidation level and $1,950 as the breakout threshold. Ethereum price falls below $1,900 According to data from crypto.news, Ethereum (ETH)…

The U.S. Securities and Exchange Commission (SEC) will hold an open meeting on Aug. 14 at 10:00 a.m. ET to consider whether to propose a tailored offering regime for certain investment contracts involving crypto assets.  Summary SEC commissioners will meet Friday to consider proposing tailored offering rules for crypto investment contracts. Atkins previously outlined startup, fundraising and investment contract safe harbors under his Regulation Crypto framework. The SEC’s 2026 agenda separately includes crypto broker dealer and market structure rulemaking proposals too. Senate action on CLARITY now waits until September 15, when its cloture motion ripens formally. Friday’s meeting could authorize…

Ravencoin disclosed on Aug. 11 that a critical consensus vulnerability had been exploited since Aug. 7, allowing vulnerable nodes to accept invalid blocks beginning at height 4,487,776.  Summary Ravencoin said invalid blocks began at height 4,487,776 after a critical consensus vulnerability was exploited. 2Miners released an emergency patch rejecting forged blocks and advised every network operator to upgrade. Transactions confirmed after block 4,487,775 remain at risk if the recovery chain becomes dominant eventually. Upbit suspended RVN deposits and withdrawals after citing a network issue affecting Ravencoin on Monday. RVN fell 19.1% to about $0.00288 as traders reacted to the network…

Node operators who miss the August 11 cutoff will be disconnected from Pi’s mainnet. With 421,000 nodes, a token trading at $0.08, and Binance still refusing to list, the upgrade is a stress test for a project that claims 60 million users but struggles to prove they matter. Summary Pi Network’s Protocol 26 upgrade carries a hard deadline of August 11, 2026. Any mainnet node operator who has not completed the update will be disconnected from the network until they do, raising the risk of a temporary reduction in active validators. The upgrade focuses on contract security, state management, and…

Ethereum’s updated roadmap adds native rollups, stronger privacy, and post-quantum scaling as advances in cryptography and AI reshape the network’s long-term technical priorities, according to co-founder Vitalik Buterin. Summary Quantum security has moved higher in Ethereum’s priorities compared with its 2023 roadmap. New areas include native rollups, stronger privacy, and blob and gas futures. Ethereum may use specialized scaling mechanisms for transfers, trading, and privacy applications. STARKs and AI-assisted formal verification could support upgrades across all three protocol layers. Ethereum (ETH) co-founder Vitalik Buterin compared the network’s 2023 roadmap with its current Strawmap in an Aug. 10 X post, identifying…

Ripple has voted to support two XRP Ledger amendments designed to introduce single-asset vaults and fixed-term institutional lending directly at the network’s protocol level. Summary Ripple’s validator voted “yes” on XLS-65 and XLS-66, supporting native vaults and lending. XLS-65 has reached 40% validator support, while XLS-66 has secured more than 37%. Both amendments require over 80% support for two consecutive weeks before activation. The framework could support loans funded with XRP, RLUSD, and other XRPL-issued assets. Ripple backs XRP Ledger lending amendments Ripple’s validator has backed the Single Asset Vault and Lending Protocol amendments as voting continues among trusted XRP…

A federal judge has paused the CFTC’s civil case against a US Army soldier accused of using classified information to earn more than $400,000 from Polymarket contracts tied to Nicolás Maduro’s removal. Summary Judge Andrew Carter stayed the CFTC’s civil enforcement case until the related criminal proceeding concludes. Prosecutors allege Gannon Van Dyke earned about $409,881 from 13 Venezuela-related Polymarket trades. Van Dyke pleaded not guilty and has challenged whether the event contracts legally qualify as swaps. The prosecution could shape how US commodities and fraud laws apply to prediction-market insider trading. CFTC case paused until criminal proceedings conclude US…

Crypto industry leaders are voicing frustration after the U.S. Senate failed to advance the CLARITY Act before its August recess, leaving the market structure bill facing a crucial procedural vote weeks before the 2026 midterm elections. Summary Senate leaders filed cloture, setting up a Sept. 15 procedural vote on the CLARITY Act. Coinbase executives and Sen. Cynthia Lummis called the pre-recess failure disappointing and frustrating. Ethics restrictions and stablecoin rewards remain unresolved as the bill seeks 60 Senate votes. Polymarket traders give CLARITY a 25% chance of becoming law during 2026. CLARITY Act faces a Sept. 15 procedural vote Senate…