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Pirated Downloads of 'The Odyssey' Target Crypto Wallets
RLUSD Anchors Former Ripple Staffer's New XRPL Startup
Bias Goose, a former Ripple employee, is developing an unnamed XRPL startup that will use RLUSD as its primary financial rail and avoid issuing its own token or using artificial incentives. Bias Goose first teased the project on August 8, with more details expected around September. The project claims to generate returns higher than U.S. Treasury yields, but specific economic details and partners have not been disclosed, and these claims have not been independently verified.
XRPStartupRippleRLUSD2026-08-16
Solana Reaches XRP Ledger DEX with Issuer Warning
Solana is now tradable on the native DEX of the XRP Ledger via Axelar-issued wrapped SOL, enabling interoperability between the two blockchain ecosystems. Hussein Zangana, director of the XRPL Foundation, warns users that Axelar is currently the only legitimate issuer of wrapped SOL, reminding traders to be wary of counterfeit assets. Users can access the asset through interfaces like XPMarket, First Ledger, and Magnetic, but must verify the issuer's address to avoid risks.
SOLinteroperabilityissuer warningwrapped SOL2026-08-16
Shibarium DEX Volume Plunges 97% as Shiba Inu Downtrend Persists
Shibarium, Shiba Inu's Layer 2 network, saw its DEX trading volume crash by 97.46% over the past week, leaving just $1.81, reflecting a significant slowdown in DeFi activity on the network. Despite the low volume, Shibarium's TVL inched up 0.13% in the last 24 hours to around $102,324, with WoofSwap dominating. Analysts suggest that a broader crypto market recovery could boost user activity for SHIB and Shibarium.
SHIBDEX VolumeShibariumDeFi2026-08-15
Solana Company Reports $30.3M Q2 Loss Despite Staking Gains
Solana Company reported a net loss of $30.3 million in Q2, despite earning $2.5 million from staking. Revenue grew significantly from $43,000 in the same period last year but fell about 30% from Q1. The loss was driven by $25.4 million in realized losses from digital asset sales and $6.8 million in severance costs. The company staked 31,200 SOL and automatically reinvested the rewards. Cash decreased to $3.6 million, and total assets fell to $176.1 million.
SOLfinancial lossQ2 earningsSOL sales2026-08-15
XRP Dips Below Multi-Year Lows: How Holders Can Navigate the Downturn and Aim for $10,000 Daily
XRP weakens due to delays in the Digital Asset Market Clarity Act, with prices potentially falling below $1 and market sentiment turning bearish. Investors are turning to UE Crypto's cloud mining and yield mechanisms as alternative strategies. XRP's trading volume has declined, underperforming Bitcoin and Ethereum. This article explores how XRP holders can hedge risks through cloud mining and yield aggregation, though it carries promotional undertones.
XRPmarket uncertaintycloud miningCLARITY Act2026-08-14
NUSD Supply Plummets 76% from February Peak
NUSD's supply has dropped 76% from $226 million in February to $53.6 million, as issuer Neutrl paused minting and redemptions due to reserve concerns. BA Labs had flagged related risks, and while NUSD's price remains near $1, transfer volumes have significantly declined.
NUSDRedemption SuspensionReserve IssueStablecoin2026-08-14
Robinhood Chain TVL Approaches $1B as Uniswap Dominates
Robinhood Chain's total value locked (TVL) is nearing $1 billion, making it one of the fastest-growing blockchains. Uniswap's V2, V3, V4, and UniswapX provide nearly all of the chain's public trading liquidity. Standard Chartered estimates that Robinhood-related fees have become the largest source of UNI burns, with an annualized burn rate of approximately $90 million, equivalent to about 25 million UNI per year, representing over 4% of the circulating supply. The article also discusses differences in TVL calculation methods and risks such as stablecoin concentration and speculative trading.
UNIRobinhood ChainStablecoinsUniswap2026-08-14
EtherFi Cash and Aave V4 Target $500M in Credit Capacity
Ether.fi has announced the deployment of a dedicated Aave V4 instance on Optimism to support the lending backend of its crypto payment card, EtherFi Cash. Currently, the product has $22 million in active loans and 70,000 cardholders, with plans to reach $500 million in lending capacity by 2027. This integration allows users to borrow stablecoins against cryptocurrency collateral, enabling payments without immediately selling assets. The move brings decentralized lending infrastructure to everyday payments, but it's important to note that the target capacity is not current actual lending; real growth depends on borrowing demand, collateral quality, and risk management.
AAVEstablecoin borrowingEtherFi Cashpayment card2026-08-14
Token Buyback Wave: Bitwise Exec Says Valuations Could Double, but Why Do Price Floors Keep Failing?
Bitwise CIO Matt Hougan argues in a memo that most crypto tokens, excluding Bitcoin, are undervalued and are starting to be priced based on protocol revenue, with expanding buyback and burn programs potentially doubling valuations. The article cites buyback and burn cases from Hyperliquid, Uniswap, Aave, and Pump.fun, but notes that buybacks have not reliably supported prices, with many tokens still breaking below key support levels. Hougan warns that token buybacks differ from stock buybacks, as holders have no contractual rights and governance mechanisms can be changed at any time.
BTCtoken buybacksprotocol revenueHYPE2026-08-14
Neutrl Halts NUSD Redemptions Amid Reserve Concerns
Neutrl has paused the minting and redemption of NUSD due to reserve issues, affecting approximately $53.7 million in tokens. The team took this step on legal advice to protect user interests and maintain an orderly process. The reserve dashboard currently shows data being recalibrated, with NUSD trading near $0.998. The announcement did not disclose specific reserve assets, custodians, or trading venues, nor the nature of the issue.
NUSDredemptionreserveNeutrl2026-08-13