Fomo overtakes Pump.fun in daily revenue on Solana

Social trading platform Fomo generated more daily revenue than memecoin launchpad Pump.fun on Friday.  Fomo generated $1.76 million in daily revenue on Friday, compared with Pump.funs $1.1 million, according to DefiLlama data.  Pump.fun remains ahead over longer periods. It generated more than $57 million over the past 30 days, compared with $17.6 million for Fomo.  Fomo combines cryptocurrency trading with social features resembling a social media feed. The platform allows users to view other users trades.  In June, Fomo closed a $75 million Series B round led by Index Ventures, valuing the social trading app at $550 million.  The company said more than 68,000 users made their first cryptocurrency purchase on the platform using Apple Pay, accounting for about $25 million in transaction volume.  Fomo also expanded its offering beyond spot trading this year. On June 11, it launched perpetual futures contracts powered by Hyperliquid for users outside the US.  The company said on June 2 that it had paid users more than $2 million in referral fees.  Related: AMC chief criticizes Robinhoods tokenized stock plan

09-07انڈسٹری

Rocket suffers $287K loss after attacker manipulates dormant perp market

Rocket has suspended deposits, withdrawals and trading after an attacker manipulated a dormant perpetual market and withdrew approximately $287,000 in positive PnL from the platforms Bridge.  Rocket said in a Sept. 7 update on X that the security incident occurred at approximately 19:00 UTC on Sept. 5, when an attacker targeted an inactive perpetual market using a burner account.  Update on the 09/05/2026 security incident:  All deposits, withdrawals, and trading are paused for the time being while we work through this – please bear with us, the team is working on the incedent.  What happened: At approximately 19:00 UTC, an attacker exploited a dormant…  The attacker placed orders at artificially inflated prices and traded against themselves, creating artificial profits in one account while pushing the burner account into bankruptcy. The profitable account subsequently withdrew around $287,000 from the Bridge, leaving the resulting loss to be socialized across the platform.  Rocket attack used self trading to create artificial profits  Instead of describing a smart contract vulnerability, Rockets initial account of the incident centered on the manipulation of a dormant perpetual market with limited activity.  Using a disposable account, the attacker was able to post orders at inflated prices before acting as both sides of the trades. Rocket said the

09-07انڈسٹری

Liquid attackers offer to return most of 4,000 BTC

On Sept. 7, unidentified actors controlling nearly 4,000 BTC taken from Liquid Network offered to return “most” of the funds after Blockstream fixes the vulnerability behind the estimated $320 million incident.  The actors communicated their offer through Bitcoin transactions carrying OP_RETURN messages, according to a reconstruction published by Galaxy Research head Alex Thorn. They asked whether returning “most” of the Bitcoin to the federations address would be acceptable.  A later message told Blockstream to “fix the bug first” and ensure every node received the patch. The actors claimed the chain remained exposed under its latest software version and promised to transfer the money after confirming the repair.  ???? LIQUID WHITE HATS SAY THEY‘LL RETURN ’MOST OF 4000 BTC ONCE LIQUID NETWORK BUG IS PATCHED  the hackers have been conversing with blockstream via OP_RETURN messages and PGP encrypted text  – block 965,822 blockstream address sent 1,000 sat with Please contact security at…  That promise remains unverified. The actors did not define how much “most” represents, disclose their identities or provide a deadline. No confirmed return transaction had appeared when this article was prepared.  On-chain messages authenticate the negotiation  Blockstream initiated contact at Bitcoin block 965,822 by sending 1,000 satoshis with a message directing the recipient to its security team.

09-07انڈسٹری

AVAX crypto eyes $8.65 - But first, Avalanche must hold THIS support

Avalanche [AVAX] retested the $7 former resistance zone towards the end of August. On the 2nd of September, AVAX crypto began a bullish reaction that continued towards the $8 level, even though Bitcoin [BTC] faced a setback and fell below $80k in recent days.  Source: Coinalyze  Since the 4th of September, the spot CVD for AVAX crypto has been rising slowly. So, too, was the Open Interest, climbing from $145.6 million to $164.9 million, according to Coinalyze data. The Funding Rates were also positive, showing market participants remained bullishly positioned.  The Avalanche price trend was also likely influenced by Aave V4 deposits reaching an all-time high of $19.1 million on Avalanche.  Discover more  Distributed & Cloud Computing  finance  Currencies & Foreign Exchange  Can AVAX cryptos bullish momentum last?  Source: AVAX/USDT on TradingView  The RSI on the daily timeframe was at 66.6, showing strong upward momentum. The OBV did not have a decisive trend, oscillating about the July highs without a clear breakout.  The volume trends showed buyer and seller pressure was relatively evenly matched, which slightly dented the idea that AVAX would see continued price gains.  Moreover, the higher timeframe swing structure has been bearish since June. The consolidation around $6.5 in recent months, as well as the recent breakout past $7.1

09-07انڈسٹری

Ethereum (ETH) Price Eyes Critical $2,560 Resistance As Bitcoin Surges Past $82K

Key TakeawaysEthereum has reclaimed the $2,500 level but encounters significant resistance around $2,560BTC ETF products have attracted close to $1 billion in monthly inflows while ETH ETF momentum remains subduedNetwork activity measured by daily active addresses has declined since early August, staying under 500KExchange balances dropped by more than 116,000 ETH within two days, representing approximately $300 millionSuccessfully clearing the $2,515–$2,560 zone could trigger a rally toward $2,750, followed by $3,400 and possibly $4,750  Ethereum has staged a recovery from its summer depths but continues to encounter obstacles at critical price levels even as Bitcoin climbs beyond $82,000. Trading near $2,498, ETH has posted approximately 5% gains over recent sessions, maintaining a market capitalization of $304.85 billion with daily trading volume reaching $10.68 billion.  Ethereum (ETH) Price  The divergence between ETH and BTC market strength continues to widen. Bitcoin has captured almost $1 billion through ETF channels since the month began, propelling it back above $82,000. Meanwhile, Ethereum‘s ETF channels have shown inconsistent patterns, with September’s peak single-day inflow registering only $59.3K, breaking a 12-day run that had accumulated over $1 billion in ETH investment products.  Source; SoSoValueBitcoin Captures Lions Share of Institutional Capital  While institutional participants havent abandoned Ethereum entirely, capital allocation currently favors

09-07انڈسٹری

3 Token Unlocks to Watch in the Second Week of September 2026

The crypto market will welcome tokens worth roughly $325.6 million in the second week of September 2026. Major projects, including Aptos (APT), Linea (LINEA), and Cheelee (CHEEL), will release new token supplies.   These unlocks could introduce market volatility and influence short-term price movements. So, heres a breakdown of what to watch.  1. Aptos (APT)Unlock Date:September 11Number of Tokens to be Unlocked:11.31 million APTReleased Supply: 1.74 billion APTTotal supply:2.09 billion APT (Y2035)  Aptos is a Layer-1 blockchain platform designed for scalability, security, and efficiency in decentralized applications (dApps) and Web3 ecosystems. It utilizes the Move programming language to enable high-throughput transactions and smart contract execution.  Aptos will release 11.31 million tokens on September 11. The tokens are worth $7.09 million. It represents 0.65% of the released supply.  Discover more  finance and technology  Finance  Distributed & Cloud Computing  APT Crypto Token Unlock in September. Source: Tokenomist  The team will award 3.96 million APT to core contributors. The community and investors will get 3.21 million and 2.81 million tokens, respectively. Additionally, Aptos will allocate 1.33 million tokens to the foundation.  2. Linea (LINEA)Unlock Date:September 10Number of Tokens to be Unlocked:960.13 million LINEAReleased Supply: 31.92 billion LINEATotal supply:72.01 billion LINEA  Linea is a zkEVM Layer-2 scaling solution for Ethereum (ETH). The network provides fast, low-cost

09-07انڈسٹری

Bitcoin Price Faces $82K Test as Analysts Warn of Another Drop

Key InsightsBitcoin price stayed below $82,000 resistance, limiting breakout confirmation.Exchange inflows increased while Binance stablecoin liquidity expanded sharply.Traders watched $78,500 support before targeting the $83,000–$84,000 zone.  Bitcoin price traded near $79,826 on Sept. 6, remaining below the $82,000 resistance area. TradingView data showed BTC failed to hold an earlier move above $80,000.  The setup kept the price of Bitcoin inside a broad recovery range after Augusts advance. Analysts focused on whether buyers could reclaim $82,000 or lose nearby support around $78,500.  Bitcoin Price Holds Below $82,000 Resistance  TradingViews Bitstamp chart showed Bitcoin near $79,826 at 07:42 UTC on Sept. 6. The session opened around $79,830 and reached an intraday high near $80,106.  Bitcoin price chart. Source: TradingView  The same chart showed an intraday low around $79,600 before BTC recovered modestly. Binance Market Data earlier placed BTC at $80,067.44 at 01:40 UTC.  That Binance reading represented a 0.56% gain over the previous 24 hours. However, later TradingView pricing showed sellers had pushed BTC back below $80,000.  Binances Sept. 5 market update showed a wider $78,660 to $81,423 trading range. That range kept $82,000 outside the confirmed breakout zone.  Kaz wrote that Sunday sessions often produce short-lived volatility before regular liquidity returns. He expected another intraday move before Monday‘s Asia session.

09-07انڈسٹری

The brilliance of "set in stone"

HomepageNews  EditorialThe brilliance of “set in stone”  The views expressed in this article are those of the author and do not necessarily reflect the position of CoinGeek.  Four blocks.  That is the lifetime output of the chain that was going to save BTC)from spam. BIP110 opened its mandatory signaling window at block 961,632 on August 8, 2026, with miner support under 3%, and the Knots nodes enforcing it rejected the first non-signaling block and walked off to find their destiny… Casa co-founder Jameson Lopp‘s post-mortem found who was behind it: “Turns out there was only one tiny entity that called themselves ’Roughnecks who mined the entirety of the 4 blocks on the BIP-110 fork.” Two blocks on the Saturday, two more the next day, and then nothing. bip110.org still insists the activation went off “successfully” and that “Bitcoin is alive albeit low hash-powered after SHA256d mining pools quit the network.” Four blocks!  Meanwhile, on BSV blockchain, the loudest standards conversation is about a wallet interface or novel token protocols built in script, and no matter what people do, nobody will fork anything at the base layer.  Does a fixed base layer end change? No. It moves up a floor, where it is cheap, optional, and competitive,

09-07انڈسٹری

Tether-Backed Orionx Shuts Down After $7M Gap

Chilean crypto exchange Orionx, backed by USDt stablecoin issuer Tether, is shutting down after a forensic audit found that more than $7 million in customer assets had moved to wallets outside its custody. The firm said it began a permanent closure process after the audit, according to Cointelegraph reporting on the announcement. “Our sole priority now is to return as much of our clients assets as possible,” Orionx said, adding that withdrawals are temporarily suspended.  The Audit and the Shortfall  The exchange said an internal review found that balances recorded in its systems exceeded the assets held at its custody addresses for Bitcoin, Ether, XRP and Polygon. Orionx did not specify when the transfers occurred or how the discrepancy was first uncovered. According to Chilean newspaper La Tercera, chief operating officer Thomas Mac Millan detected a “significant mismatch” between recorded balances and actual custody on August 27, which triggered the external forensic audit. The review came as Orionx worked to comply with Chiles Fintech Law, having already brought in financial professionals during a 2025 review of its operations. Founded in 2017, Orionx has offered trading and payment services across Chile, Peru, Colombia and Mexico.  A Criminal Complaint Against Co-Founders  Orionx said it filed a

09-07انڈسٹری

Hanwha taps Avalanche for tokenized securities platform in South Korea

Hanwha Investment & Securities has reportedly completed a tokenized securities platform supporting Avalanche as South Korea prepares to bring blockchain-based securities into its regulated capital markets system in February 2027.  SummaryHanwha has reportedly built a tokenized securities platform supporting Avalanche and Hyperledger Besu.South Koreas tokenized securities amendments are scheduled to take effect on Feb. 4, 2027.The FSC plans to initially allow tokenization of certain funds, bonds, unlisted stocks and fractional securities.Hanwha has expanded its tokenization investments through stakes in Securitize and Digital Asset.  Seoul Economic Daily reported Sunday that the South Korean brokerage began developing the platform with blockchain technology firm FairSquare Lab in 2025. The system was built to operate across multiple networks, including Avalanche and enterprise Ethereum client Hyperledger Besu.  Development has come ahead of amendments to South Korea‘s Electronic Securities Act and Capital Markets Act taking effect on Feb. 4, 2027. The changes will legally recognize distributed ledgers as securities registers and allow tokenized securities to operate within the country’s existing capital markets framework.  The Korea Securities Depository is preparing infrastructure capable of connecting with Avalanche, Hyperledger Besu and Hyperledger Fabric, giving securities companies several blockchain options as they build systems for the incoming framework.  Hanwha tokenized securities platform supports Avalanche  Hanwha started

09-07انڈسٹری
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