Crypto Industry News & Market Trends

Tectonic Cronos: CRO Price Reacts to $75M Exploit Halt

CRO is trading near $0.05636, down 4.89% on the day, as the Cronos network digests one of its messiest weekends in recent memory following the exploitation of the Tectonic Cronos DeFi platform, which halted the entire chain.　　Cronos confirmed Sunday (August 30) that it identified an exploit targeting Tectonic, a decentralized lending protocol built on the chain, and paused the network in response. Tectonic separately warned users not to interact with the protocol.　　We identified an exploit in Tectonic.　　The Cronos Network has been halted and well provide updates here　　— Cronos Network (@CronosNetwork) August 30, 2026　　Researcher Weilin Li said the attacker exploited TONIC‘s 20% collateral factor and thin liquidity, pumping the governance token 100-fold in 20 minutes before borrowing against it, a pump-and-borrow style attack. Li’s estimate of losses has climbed from $66M to roughly $75M as additional attacker-controlled wallets surfaced.　　Crypto.com CEO Kris Marszalek said the exchange and app were unaffected, easing some of the contagion fears. Still, the exploit lands amid an already fragile technical setup for CRO, with the token down over -5% over the past week before this news dropped.　　(SOURCE: TradingView)　　Can the CRO Price Hold Support After the Tectonic Cronos Exploit Shock？　　CROs slide to $0.056 puts it just above the

08-31Industry

Ireland Bars Crypto From State Savings Scheme Targeting $203B in Deposits

In briefTánaiste Simon Harris said Sunday that crypto assets will be excluded from Irelands new savings and investment scheme.Cryptocurrencies, derivatives and interest-bearing cash are all shut out, while shares, bonds, funds and ETFs qualify.The scheme is designed to move some of the $203 billion (€175 billion) Irish households hold in bank deposits.　　Crypto will have no place in the tax-advantaged savings accounts Ireland is preparing to open to every adult in the country.　　Tánaiste and Minister for Finance Simon Harris set out the shape of the scheme on Sunday in a video posted to Instagram, saying he wanted the accounts to “make a real difference in building up your own economic resilience.” Savers will be able to hold shares, bonds, funds, exchange-traded funds and insurance-based products, according to reports. Crypto assets are excluded, along with derivatives and interest-bearing cash.　　Myriad: Bitcoins next price move？ Click to make your prediction　　Each Irish tax-resident aged 18 or over will be entitled to one account. Contributions up to a tax-free threshold will escape tax entirely, with anything above it charged an annual low flat rate. There will be no minimum contribution and no minimum lock-in period, though an annual contribution cap will apply. The thresholds and rates

08-31Industry

Ontology halts mainnet block production over potential security concern

Ontology has temporarily halted mainnet block production after its core developers identified a potential security concern during a routine check, leaving on-chain transactions suspended while validators conduct an emergency review.　　The Ontology Network said in an official announcement that its core development team detected the potential issue during a daily security check and immediately moved to stop block production as a precaution. No security incident has been confirmed, and the team said it has found no evidence that ONT, ONG or other user assets have been lost or compromised.　　???? Ontology Mainnet Emergency Pause　　Ontology has identified a potential security concern requiring immediate investigation.　　As a precautionary measure, block production has been temporarily suspended while our technical team and validators conduct a comprehensive security… pic.twitter.com/GfiXSW76lW　　— Ontology – The Trust Layer for AI & Web3 (@OntologyNetwork) August 31, 2026　　Ontology mainnet remains paused during security review　　With block production stopped, transactions submitted to the Ontology mainnet cannot be processed until network operations resume. The team has not provided an estimated time for the restart and said the review will take priority over restoring the chain quickly.　　Ontology described the halt as a preventive measure, distinguishing it from a response to an active attack or confirmed theft. Developers and

08-31Industry

XRPL consensus freezes after removing just 12% of central nodes – but a simple tweak triples XRP defense

A new XRP Ledger study says two or three extra peer connections per participating node can sharply raise the number of nodes a targeted attack must remove to disrupt modeled consensus.　　Related Asset XRP #5 XRP · $1.38 24-hour change: down 0.86% 24H Down 0.86% 7D Down 6.90% 30D Up 29.90%　　XRPL consensus depends on enough trusted validators receiving one another‘s messages. A separate peer-to-peer network carries those messages between servers, so extra routes could keep validator traffic moving if an attack removes the network’s busiest hubs.　　The Aug. 26 arXiv paper tests random K-out augmentation. K is the number of new undirected edges each participating node creates to peers chosen uniformly at random.　　At 60% participation and K=2, the models quorum critical attack size rose from 11% to 38% when removals targeted the highest-degree nodes. Under an attack ordered by betweenness centrality, which prioritizes nodes that sit on many shortest paths, the threshold rose from 12% to 33%.　　The second change is 2.75 times the baseline. The metric measures the simulated share of nodes removed before fewer than 80% of the models validators remain together in one connected component. Observed attack cost remains unknown.　　At 80% and 100% participation, K=3 matched or exceeded the modeled

08-31Industry

Bullish Zone: XRP Ledger Prints 200% Increase, With 103% Surge in Volume

A unique combination of network metrics is being produced by XRP Ledger, with some indicators rising by about 200% while a number of headline activity metrics are sharply declining. The divergence implies that rather than increasing generally, activity has become more concentrated.　　Activity stays up　　Active users, which increased by 211% to roughly 498,200, have the highest reading. Transactions per ledger reached 191.68 after an additional 191.3% increase.　　XRP/USDT Chart by TradigView　　When taken as a whole, these numbers demonstrate how much more activity is being packed into the ledgers that the network is currently closing. Additionally, payment activity continues to be reasonably robust. At roughly 540,700, the number of payments rose by 5%. The remainder of the picture, though, is far less consistently optimistic.　　Successful transactions decreased by 31.3% to 697,300, while total transactions fell by 42.7% to 771,300. Newly created accounts fell 85.2% to just 340, while active accounts fell 73.1% to about 3,800. Another significant contradiction is the volume of payments.　　The total payment volume decreased by 89.2% to approximately 45.2 million XRP, even though the number of payments increased. Transaction fees also dropped by 79.3%, which caused XRP to soar. Therefore, the 200% or higher spikes should not be taken as proof

08-31Industry

Here‘s how much you need to invest in NVDA to earn $100 from Nvidia’s next dividend

Investors seeking to earn $100 from Nvidias (NASDAQ: NVDA) next dividend payment will need to own 400 shares, based on its declared quarterly dividend of $0.25 per share.　　With Nvidia closing at $217.55 on August 28, 2026, purchasing 400 shares would require an investment of approximately $87,020.　　Shareholders who own the stock before the September 10, 2026 ex-dividend date will be eligible to receive the payout, which is scheduled for October 1, 2026.　　Nvidia dividend payment schedule. Source: Dividend.com　　The company currently offers a forward dividend yield of about 0.46%, with a forward payout ratio of 6.44%, indicating that only a small portion of earnings is being distributed to shareholders.　　The upcoming dividend follows the previous payment of $0.25 per share made on June 26, 2026. Nvidia has increased its dividend for three consecutive years, although income remains a relatively small part of the stocks overall investment appeal.　　Nvidia stock fundamentals　　While Nvidia maintains a dividend, the company remains primarily a growth-focused investment driven by artificial intelligence demand.　　On August 26, the chipmaker reported fiscal second-quarter results that exceeded Wall Street expectations. Revenue surged 106% year-over-year to $96.2 billion, while adjusted earnings per share climbed 120% to $2.22.　　Data center revenue reached $89 billion, up 117% from a year

08-31Industry

XRP Ledger lending vote: What XRP holders should know

XRP Ledger validators are considering two amendments that would add single-asset vaults and fixed-term lending directly to the networks core protocol.　　SummaryXLS-65 and XLS-66 remain below the 80% validator threshold required before XRP Ledger mainnet activation.Single Asset Vaults would pool one token, while XLS-66 would issue fixed-term uncollateralized institutional loans.Ripple joined Clearpool and Cicada as an investor, but does not guarantee the funds losses.RLUSD would serve as the credit asset, while XRP would pay transaction fees and reserves.Activation requires validator support above 80% for two consecutive weeks, leaving the launch date uncertain.　　The amendments, XLS-65 and XLS-66, are open for validator voting but have not reached the support required for activation. An amendment must maintain support from more than 80% of trusted validators for two consecutive weeks before it can become active.　　Ripples validator voted in favor of both amendments in August. However, Ripple cannot approve the changes independently because validators decide whether to support each amendment.　　XRPL Lending　　Waiting for the @sherlockdefi checks on XLS-66-65, 80% consensus is needed to pass (currently at 34% & 37%). Should they pass, vetted participants will begin deployment into private gate-kept vaults with ethereum:0x8292bb45bf1ee4d140127049757c2e0ff06317ed as… https://t.co/xImo93Mgln pic.twitter.com/5F1B5RZN0u　　— ????Eri ~ Carpe Diem (@sentosumosaba) August 31, 2026　　Current support remains well

08-31Industry

More Markets lending reserve drained for $9.3M: Blockaid

Decentralized finance (DeFi) vault infrastructure protocol More Markets had a lending reserve drained of about $9.3 million in digital assets on Flow EVM, according to Web3 security platform Blockaid.　　The attacker drained about 15.5 million Wrapped Flow (WFLOW) tokens, valued by Blockaid at approximately $9.3 million, from the mFlowWFLOW lending reserve, according to blockchain data shared by Blockaid in a Monday X post.　　Blockaid said the attacker used Ankr Staked FLOW (ankrFLOW), a liquid staking token, alongside E-mode to overborrow from the reserve.　　E-mode, short for efficiency mode, is an Aave V3 feature that increases borrowing power for assets whose prices are expected to move together, such as a liquid staking token and its underlying asset.　　The exploit pushed total losses from cryptocurrency hacks to $139.7 million for August, making it the third-largest month by value stolen so far in 2026. However, it marks a significant decrease from $254 million stolen during July, according to DefiLlama data.　　On Sunday, Cronos halted its blockchain network after a reported $75 million exploit targeting DeFi lending protocol Tectonic.　　More Markets had not publicly confirmed the incident or disclosed whether users suffered losses at the time of publication. Cointelegraph contacted Blockaid for more details but did not receive a response

08-31Industry

Real Trump Coins denies launching GOLD token, blames ‘bad actors’

Real Trump Coins has denied launching, promoting or authorizing the Trump Digital GOLD token that briefly appeared across its online presence before collapsing, blaming the promotion on “third-party bad actors.”　　The denial came after the Real Trump Coins X account promoted the Solana-based token on Saturday and directed users to RealTrumpCoins.com, where GOLD was also advertised. The X posts were later deleted, while the account now links to a separate domain, TrumpCoins.com.　　“Trump Coins has not authorized and will not launch, promote, or authorize any digital token,” Real Trump Coins said in an X post on Saturday, adding that it was working with authorities to investigate the matter.　　The statement follows a highly concentrated GOLD launch, with Lookonchain reporting that the developer and newly created wallets controlled 82.45% of its supply. According to the blockchain analytics platform, 15 wallets linked to the team sold their holdings for about $330,000, making an estimated $312,000 profit.　　The involvement of both the X account and RealTrumpCoins.com confused crypto observers, with X user Rune questioning how both the account and the domain could have been compromised.　　While the Real Trump Coins X account bio linked to TrumpCoins.com, the account was still directing customers to RealTrumpCoins.com as recently as Aug.

08-31Industry

Why Is The Crypto Market Down Today？

The crypto market is down 3.10% from Sundays high, trading near $2.59 trillion on Monday, August 31.A double top risk is playing out.　　A second rejection near $2.72 trillion has built the shape traders least want to see.　　Sponsored　　Sponsored　　1. Double Top Risk Is Playing Out at $2.72 Trillion　　The total crypto market cap stalled near $2.72 trillion twice, once in early May and again last week, when it peaked at $2.71 trillion. Two peaks at one level with a dip between them form a double top, a pattern that often ends rallies rather than pausing them.　　TOTAL Crypto Market Cap Analysis: TradingView　　However, no pattern counts until support gives way. Everything rests on $2.54 trillion. Holding it keeps a recovery toward $2.66 trillion alive, while losing it completes the top and opens $2.43 trillion, then $2.26 trillion.　　Want more token insights like this？ Sign up for Editor Harsh Notariyas Daily Crypto Newsletter here.Rejection Zone:The $2.72 trillion zone turned the market awayMake or Break:$2.54 trillion decides whether the top completesDownside Path:A break opens $2.43 trillion, then $2.26 trillion　　Sponsored　　Sponsored　　2. Jackson Hole Took Away the Rate-Cut Trade　　That second rejection had a cause. Fed Chair Kevin Warsh used his Jackson Hole keynote on Friday to call inflation “concerning,” said the

08-31Industry

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