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Author: CryptoPress

Cronos Network Halts After Estimated $75 Million Exploit Hits Tectonic

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Cronos validators halted the Crypto.com-linked chain on Sunday after an exploit at Tectonic, the network’s largest lending protocol. Onchain researcher Weilin Li estimates about $75 million was affected after TONIC was pumped roughly 100x in 20 minutes and used as collateral. Only about $6 million was bridged to Ethereum before the halt; most remaining assets are stranded on Cronos. Tectonic TVL fell from about $121.7 million to roughly $3...

Cryptocurrencies, Hacks, News

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Solana Validators Narrowly Pass First Governance Vote to Double SOL Disinflation

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Solana’s SGP-0002 passed with 67.00% support, just above the two-thirds supermajority required for adoption. The measure doubles annual disinflation from 15% to 30%, targeting the 1.5% inflation floor around 2029 instead of 2032. Authors estimate about 18.9 million fewer SOL will be issued over the next six years. Kraken’s largest validator flipped most of its 8.92 million SOL stake from against to for in the final hours. A...

Cryptocurrencies, News, Solana

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Win While You Stake, Gamified DeFi on Solana

Win While You Stake: Gamified DeFi on Solana 🎰

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Tramplin is a gamified, prize-linked staking protocol native to the Solana blockchain. Designed to merge decentralized finance (DeFi) yields with lottery mechanics, the protocol enables users to stake supported assets while automatically participating in recurring prize draws. Instead of traditional, static staking where participants only accrue standard yields, Tramplin aggregates collective staking rewards to fund automated jackpot prize...

Altcoins, DeFi, Solana, Yield farming

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Bitcoin’s Spot Demand Flips Positive, What History Says Comes Next

Bitcoin’s Spot Demand Flips Positive: What History Says Comes Next

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On July 23, Bitcoin’s 30-day apparent spot demand sat at roughly –206,000 BTC. That is not a soft reading. It means the market was absorbing far less coin than miners were issuing and old holders were reactivating. Price was stuck in the low $60,000s. The tape felt empty. Three weeks later the same metric was hugging zero — about –5,000 BTC — for the first time since February 26, 2026. By the last week of August, CryptoQuant’s...

Bitcoin, Main

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Solana validators narrowly pass faster SOL issuance cuts in first network-wide vote

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Solana validators approved SGP-0002, doubling the annual disinflation rate from 15% to 30%. The measure passed with 67% support and 60.7% participation, clearing a two-thirds threshold by a slim margin. The change is projected to cut about 18.9 million SOL in new issuance over six years and bring terminal 1.5% inflation forward to around 2029. A companion fee-burn proposal failed; a Solana Constitution proposal passed. Kraken and...

Altcoins, Cryptocurrencies, News

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