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DeFi lending's active loan volume has climbed to $26.1 billion, marking a nearly 30% rise over two months.

1 hours ago

CryptoRank reported that as on-chain credit demand rebounds, the active loan volume of major DeFi lending protocols has risen from $20.1 billion in June 2026 to $26.1 billion in August, marking a nearly 30% cumulative increase over the summer. Aave remains dominant with an active loan volume of $12.5 billion, holding around a 48% market share; Morpho ranks second at $5.1 billion, while Spark takes third place with $2.1 billion. The data indicates that the DeFi lending market continues to expand, reflecting a notable recovery in on-chain financing and credit demand.

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Polymarket experiences outage, trading functions temporarily suspended.

Prediction market platform Polymarket suffered a major outage on August 31. Its official status page shows that the Trading API (CLOB) encountered "open order read response delays" starting around 6:30 UTC, resulting in a full suspension of trading. The platform’s website remains accessible and market data can be viewed, but users cannot place orders. The team is working on repairs, with a target to restore trading by 10:00 UTC at the latest. Ahead of the recovery, Polymarket will enter a 15-minute mode allowing only order cancellations. All other systems—including the website, data, and authentication services—are operating normally.

10 minutes ago

Arthur Hayes: The market may be refocusing on the "forgotten" Ethereum.

Arthur Hayes has recently expressed a bullish outlook on Ethereum’s future. He noted that ETH was previously heavily sold off by the market, but has recently shown signs of strengthening relative to Bitcoin (BTC), which may signal the market is refocusing on this asset. Hayes believes that ETH’s strength relative to BTC could be a key indicator of a shift in market sentiment, and the trading logic around the "forgotten Ethereum" may be regaining market attention.

10 minutes ago

US government sells stakes in Anthropic held by two key allies of SBF, with potential value reaching billions of dollars.

The U.S. government previously seized stakes in Anthropic held by Caroline Ellison and Nishad Singh, two core allies of FTX founder Sam Bankman-Fried (SBF), and sold those shares to existing Anthropic investors in 2025. However, the specific buyers, transaction price, and total proceeds for the government have not been disclosed to date. A court earlier ruled that Ellison and Singh must forfeit their Anthropic shares. The U.S. government obtained the stakes from the pair in February and April 2025 respectively. The two had invested $10 million and $40 million respectively in Anthropic’s 2022 Series B funding round. As Anthropic’s valuation surged rapidly, the value of their holdings grew significantly. UCLA professor Olav Sorenson estimated that, based on Anthropic’s $965 billion valuation announced in May this year, the combined value of their stakes is roughly $4.17 billion to $5.03 billion; if Anthropic goes public at a $2 trillion valuation in the future, the value of these shares could reach approximately $5.44 billion. It remains unclear at what price the U.S. government actually sold these shares. Estimates show that if the transaction occurred at different points in 2025, the sale proceeds could range from roughly $250 million to $1.1 billion. Notably, as of the end of June 2026, the sale proceeds do not appear to have been transferred to the FTX bankruptcy estate. Sunil Kavuri, representative of FTX’s victims, stated that the government should use the funds to compensate victims; the U.S. Department of Justice (DOJ) said its priority is to provide compensation to victims from seized assets, but information related to the asset sale and fund allocation is confidential.

10 minutes ago

A trader earned over $1.7 million from AMD and NVIDIA, then bet on SpaceX, only to suffer a loss of more than C$350,000 in a single week.

Canadian retail trader Akshay Sapra recently disclosed that he earned over C$1.7 million trading AMD and NVIDIA between 2024 and 2025, but nearly lost all those gains through high-risk trades. This year, Sapra bet on SpaceX, buying thousands of call options and thousands of shares after the company was added to the Nasdaq 100 Index. SpaceX’s stock price subsequently dropped from $158.92 to $149.47, resulting in a single loss of over C$200,000. He then bought 2,200 put options as a reverse position, losing most of his remaining capital, with total losses exceeding C$350,000 in just one week. Sapra noted he had previously lost nearly C$200,000 betting on Beyond Meat, and completed three weeks of treatment for gambling addiction. Though he has since returned to work as a software engineer and plans to publicly document his trades on YouTube to rein in his behavior, he still wants to keep trading, admitting his actions "too easily veer into gambling". Sapra said he once built his account from negative balances to holding C$350,000, only to fall into a cycle of "earning it back, then losing it again". He believes trading does require some skill, but if you keep making high-risk, emotional trades, it can be no different from gambling.

10 minutes ago

Upbit suspends deposits and withdrawals for assets related to the Ontology network, affecting ONT, ONG, and MBL.

South Korean cryptocurrency exchange Upbit announced that it will temporarily suspend deposits and withdrawals for digital assets built on the Ontology network, citing ongoing network checks on the Ontology blockchain. Affected assets include Ontology (ONT), Ontology Gas (ONG), and MovieBloc (MBL). The suspension takes effect immediately upon the announcement and will remain in place until Upbit confirms the security of network-based deposits and withdrawals; the exact resumption time will be announced separately. Upbit noted that trading services for the affected assets remain unaffected, but deposit/withdrawal address registration and refund processing are temporarily halted during the suspension. It also warned that deposits of these assets to Upbit during the period may not be credited normally and could carry a risk of unrecoverable loss.

10 minutes ago

US energy stocks generally rose in pre-market trading, with Halliburton up 2.27%.

According to market data from BIT (Bit.com), US energy stocks rallied broadly in pre-market trading amid rising international crude oil prices. Specifically: Halliburton (HAL.N) rose 2.27%, Valero Energy (VLO.N) gained 2.17%, Occidental Petroleum (OXY.N) increased 1.79%, Chevron (CVX.N) was up 1.58%, ExxonMobil (XOM.N) climbed 1.3%, and Marathon Oil (MRO.N) gained 1.55%. As of press time, both WTI and Brent crude oil futures rose over 3% intraday, currently trading at $85.54 per barrel and $90.86 per barrel respectively.

10 minutes ago

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