The crypto market has fully rebounded under the impetus of macro favourable information and capital inflow. Fartcoin (FARTCOIN) has surged over 20% in the past 24 hours, becoming the focus of the pump; Chainlink (LINK) and Solana (SOL) have continued their upward trend, approaching key technical levels. On the macro front, the U.S. July CPI remains at 2.7%, and U.S. Treasury Secretary Scott Bessent has called for a 50 basis point rate cut, further boosting market risk appetite.

If the crypto world is never short of dramatic stories, this time, the protagonist has changed to Monero.
This is not a sudden attack, but a prepared power struggle that was announced a month in advance - the attackers even declared in advance that "they would challenge the Monero network from August 2 to August 31." Their goal is aimed at a rare achievement in the crypto world: to control 51% of the hash power of a privacy coin network with a market capitalization of over 5 billion dollars.
And today, the attacker claims to have achieved this goal.
This is a premeditated attack.
We all know that in the blockchain network, all transactions must be verified by miners, a process known as "mining." The computational power of miners is referred to as hash power; the higher the hash power, the greater the chance of mining new blocks and receiving rewards.
Monero coin is the same.
But

The fund inflow frenzy for the US Spot Ethereum (ETH) ETF continues to heat up. Following a record net inflow of $1.02 billion on Monday, another $523.9 million was attracted on Tuesday, achieving six consecutive days of net inflow, with a cumulative total of $2.33 billion. With institutional demand surging, the price of ETH soared to $4,667, just about 4.5% shy of the historic high set in November 2021.

In today’s crypto market, interoperability is no longer optional, it’s a key driver of adoption. BlockDAG is tapping into this demand by offering full Ethereum Virtual Machine (EVM) compatibility, enabling smooth integration with Ethereum’s tools and infrastructure. For traders, developers, and

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In a new legal development, FTX customers claim that law firm Fenwick & West was a “key” player in the multi-billion-dollar fraud, alleging that the Silicon Valley firm was intertwined in many

Good Morning, Asia. Here's what's making news in the markets:
Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk's Crypto Daybook Americas.

As Asia begins its

Solayer is Solana's native restaking protocol, enabling users to restake SOL or Liquid Staking Tokens to receive sSOL, a liquid staking token that secures decentralized apps. It offers improved performance and security unique to Solana's ecosystem.

Cardano's recent daily golden cross indicates potential bullish momentum, supported by whale accumulation of 200 million ADA. Upcoming upgrades and ETF rumors may lead to significant price surges, with analysts predicting gains of up to 500% or more.

The stablecoin craze continues to heat up, with major companies like Stripe, Circle, and Tether launching related blockchains. Despite the enormous potential of stablecoin issuance and payments, the significance of dedicated chains remains questionable. Most activities on mainstream public chains are already efficient enough, and there is little motivation to migrate to smaller networks. The real opportunity lies in the blockchain enhancing the liquidity of the dollar, automatically serving user needs rather than chasing low-margin business.

ARB has broken out of a long-term downtrend following a double-bottom pattern near $0.26, signaling a potential trend reversal. With increased volume and support established at $0.38, the price aims for targets at $0.90 and $1.20 if the support holds.

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Data shows the Ethereum derivatives market Open Interest has hit a new all-time high (ATH) following a surge in trader positioning.
Ethereum Open Interest Has Crossed $30 Billion
As explained by

With market optimism rising again, investors are starting to place bold bets on which altcoin will lead the next leg of the bull cycle—Cardano (ADA) or Ethereum (ETH). Both assets have shown resilience and strong community support, but recent developments in ADA’s ecosystem have fueled speculation t