Ethereum-based DeFi protocol OLY is set to open its token mint on Aug. 28, structuring rewards around protocol revenue rather than ongoing token issuance. The system routes income to stakers, liquidity, ETH-based vaults and OLY buybacks and burns. Market sellers start with a dynamic 10% fee that is designed to step down to 4% as market capitalization rises, while limit orders carry a 2% fee and some liquidity exits are fee-free. Of ETH revenue, 34% is allocated to a staked ETH vault, 16% each to liquidity defense, a liquidity vault, direct staker payments and OLY buyback-and-burn, with the remaining 2% going to Genesis.

Binance has cut off funding transfer channels for HTX and 10 other platforms to comply with European Union sanctions. The restriction targets deposits and withdrawals rather than trading itself, meaning HTX’s order books can continue operating. HTX has disclosed 59.49 million registered accounts, but only about 420,000 spot-trading accounts were active over the past six months. The sanctions backdrop includes allegations that HTX provided financial services to A7 LLC, a Russian payment network sanctioned by the UK Treasury that officials say moved more than $90 billion last year and is linked to a sanctioned Moldovan politician and a Russian bank.

Deposits of real-world assets (RWA) deployed in decentralized finance protocols stood at $3.98 billion as of August 18, nearing the $4 billion mark. The figure was $650.88 million a year earlier and about $12 million three years ago. That represents roughly a sixfold increase over the past 12 months, according to DefiLlama data.

Wall Street trading firm Jane Street disclosed in an SEC filing that it holds more than $990 million worth of Bitcoin ETFs. The disclosure points to deep participation by a top traditional financial institution in the Bitcoin market.

Israel’s largest regulated cryptocurrency broker, Bits of Gold, said a breach in a supporting data analysis system may have exposed personal information for up to 250,000 users. The potentially affected data includes names, national identity numbers, contact details, IP addresses, bank-account details and public crypto wallet addresses, while customer funds and digital assets were not compromised. Paz temporarily halted Bitcoin purchases via its Yellow convenience store app after the disclosure. Bits of Gold said the incident occurred several days earlier and it has opened an investigation.

U.S. Treasury Secretary Scott Bessent said the Treasury is moving quickly to implement the GENIUS Act. The law is expected to take effect on Jan. 18, 2027. It aims to establish a comprehensive federal regulatory framework for digital assets. Details on the bill and its implementation have not been disclosed.

The tokenized gold market has expanded sharply in recent weeks, led by inflows into Tether Gold and Pax Gold. Tether Gold brought in $237.1 million over the past 30 days, while Pax Gold attracted $125.3 million. Together, the two tokens make up 89% to 97% of the tokenized gold market and helped push total market capitalization up 30% in the first quarter, with spot trading volume reaching $90.7 billion—above the full-year total for 2025.

Multiple projects in the TRON ecosystem are moving into a deflationary phase through large-scale token buybacks and burns. JST has completed its fourth buyback-and-burn round, with cumulative burns exceeding 1,711,249,863 JST, or 17.29% of total supply, and total buyback value across four rounds surpassing $94.62 million. SUN.io has carried out 51 burn rounds since late 2021, with cumulative burns exceeding 678,547,188.32 SUN, while WINkLink and BitTorrent plan to use all related revenue to buy back WIN and BTT, respectively.