South Korean crypto trading activity has picked up, with Upbit and Bithumb seeing a significant increase in 24-hour trading volume. XRP leads the Upbit trading rankings.

On August 22, The Sandbox stated that a vulnerability was discovered in its SAND cross-chain bridge on Base and BNB Smart Chain. Attackers were able to mint tokens without the corresponding Ethereum SAND locking support. The team subsequently suspended the related cross-chain functionality and claimed that the vulnerability had been contained. The core issue of this incident is not merely the simple "minting" of additional tokens, but rather the disruption of the most fundamental accounting relationships between cross-chain assets: the mapped tokens on the target chain should correspond one-to-one with the assets locked or destroyed on the source chain; once unsecured minting occurs, the market can no longer assume equivalence between SAND on different chains.

Stacks has been activated at Bitcoin block height 960230, triggering a PoX-5 hard fork, and preparations are underway to implement the first batch of Bitcoin Staking arrangements. SIP-045 is designed to allow participants to pair their self-managed BTC time locks with STX locks in order to earn BTC rewards. At the same time, the staking process will be adjusted, and miners will receive 1000 STX of rewards per Bitcoin block during the launch phase. This attempt aims to address a long-standing challenge: how to generate on-chain profits for BTC while minimizing the need to entrust assets to centralized custodians.

On August 17, OpenAI announced funding for 14 projects led by independent organizations, with themes focusing on economic opportunities and social resilience, continuing the discussions on "industrial policies in the intelligent era" initiated in April of this year. The selected projects cover areas such as labor force, education, local governance, social security, and technology diffusion. Compared to a single product launch, this arrangement is more worth observing from a methodological perspective: when AI affects not only software functionality but also employment structures, skill investments, and public institutions, it becomes difficult to determine who will bear the costs, how the benefits will be distributed, and which policies are effective in different regions, relying solely on internal research within model companies.

Eric Trump denies that his family will issue new tokens, calling the related rumors fraudulent. TRUMP and MELANIA once rose in value with the news.