External ReportingUpdated il y a 2 jours

DeFi & L1L2 — 📈 Bitcoin mempool transactions hit a 1-year high; Buterin updates Ethereum’s roadmap for quantum computing and privacy

This week, the market cap, volume, and volatility indices decreased -0.91%, -20.05%, and -36.91%, respectively.

Publisher Crypto.com 4 min de lecture

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Market Context

Total Market Cap$2.26T-0.59%

24H Volume$172.0B

BTC Dominance55.8%

Updated il y a 4 minutes

Layer Index

Fear

Layer Index

↓ 7 pts in 24h

Quick Take

Bitcoin mempool transactions hit a 1-year high.
Ethereum co-founder Vitalik Buterin updated the network's roadmap to prioritize quantum-computing readiness and user privacy.
MoneyGram expanded its "Ramps" service to Solana, enabling two-way cash-crypto conversions via a single API for crypto wallets.
Jupiter rolled out Lend v2, allowing assets to generate dual yields by acting as loan collateral and trading liquidity simultaneously.
Harmony chain was exploited, resulting in the unauthorized minting of roughly 4 billion ONE tokens.
The contentious Bitcoin BIP-110 soft fork failed during its mandatory signaling phase after securing support from only around 2.5% of miners.
A critical vulnerability affecting Bitcoin Lightning payment servers resulted in fund theft from multiple merchants.

Weekly DeFi Index

This week, the market cap, volume, and volatility indices decreased -0.91%, -20.05%, and -36.91%, respectively.

Grayscale's Q2 2026 fund update listed Curve DAO Token (CRV) as a component of its Decentralized Finance Fund.
Pyth Network (PYTH) reported reaching $7.5 million in annual recurring revenue (ARR) by July, along with record monthly RWA perpetuals volume secured.
Jupiter rolled out Lend v2, allowing assets to generate dual yields by acting as loan collateral and trading liquidity simultaneously. Deposits and borrowed assets now earn lending interest plus a share of Jupiter liquidity pool swap fees.

Chart of the Week

The $120 million Coldcard exploit on July 30 sparked a surge in Bitcoin activity as users shifted funds, resulting in a mempool backlog of 89,031 transactions on August 3. Although traffic has since eased, levels remain elevated at 31,727, fueling ongoing debates regarding the viability of self-custody. This mempool congestion typically signals network strain, leading to longer confirmation times and higher priority fees.

News Highlights

Ethereum co-founder Vitalik Buterin updated the network's roadmap to prioritize quantum-computing readiness and user privacy. This strategic adjustment focuses on safeguarding the blockchain against future cryptographic threats while enhancing base-layer transaction shielding and zero-knowledge proof scalability.
The global remittance company MoneyGram expanded its crypto cash "Ramps" service to Solana, enabling two-way cash-crypto conversions via a single API for crypto wallets.
The contentious Bitcoin BIP-110 soft fork failed during its mandatory signaling phase after securing support from only around 2.5% of miners. Enforcing nodes rejected non-signaling blocks and created a minority chain that quickly fell behind the mainnet. Designed to realign priorities toward enhancing Bitcoin as a form of money, BIP-110 introduced temporary consensus-level restrictions on data field sizes to limit arbitrary data storage, but the network’s rejection underscored the broad ecosystem opposition to the proposed limits.
Harmony suffered an exploit resulting in the unauthorized minting of roughly 4 billion of its native ONE tokens (about 26% of the pre-incident supply). Harmony confirmed the attack and is actively collaborating with exchanges to freeze funds while developing a fix and rollback options.
A critical vulnerability affecting Bitcoin Lightning payment servers resulted in fund theft from multiple merchants. The attack targeted nodes running LND (Lightning Network Daemon) software behind BTCPay Server, where attackers exploited a flaw that allowed unauthenticated remote access to .macaroon credential files. Possession of these files enabled attackers to take full control of connected Lightning nodes, close payment channels, and sweep funds.

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