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Kinetiq to launch Hyperliquid Layer 2 network Elysium
#Kinetiq will launch #Elysium , a new #Layer2 built to boost HyperEVM’s performance and throughput while enhancing integration with #HyperCore . Elysium will use $HYPE as its native gas token and launch alongside the Hyperliquid main chain, with its initial block performance expected to surpass HyperEVM. Elysium will enable token issuance, allowing projects to launch with long-tail asset AMMs before expanding to Elysium’s PropAMM, HyperCore’s spot order book, and HIP-3 for perpetual listings.
Under Elysium’s economic model, 25% of sequencer fees will go to applications using block space, 25% to the Kinetiq treasury, and the remaining 50% to programmatic open-market purchases of $KNTQ tokens. The acquired tokens will be fully burned and sent to the Hyperliquid Assistance Fund. Kinetiq said Elysium will launch soon, with technical details and key partners to be revealed later.
👉 x.com/Kinetiq_xyz/status/2091888509472932145
#Kinetiq will launch #Elysium , a new #Layer2 built to boost HyperEVM’s performance and throughput while enhancing integration with #HyperCore . Elysium will use $HYPE as its native gas token and launch alongside the Hyperliquid main chain, with its initial block performance expected to surpass HyperEVM. Elysium will enable token issuance, allowing projects to launch with long-tail asset AMMs before expanding to Elysium’s PropAMM, HyperCore’s spot order book, and HIP-3 for perpetual listings.
Under Elysium’s economic model, 25% of sequencer fees will go to applications using block space, 25% to the Kinetiq treasury, and the remaining 50% to programmatic open-market purchases of $KNTQ tokens. The acquired tokens will be fully burned and sent to the Hyperliquid Assistance Fund. Kinetiq said Elysium will launch soon, with technical details and key partners to be revealed later.
👉 x.com/Kinetiq_xyz/status/2091888509472932145
EntropyIO raises $14M in a Seed funding round
#EntropyIO secures $14M in a Seed funding round led by Ribbit Capital. Additionally, EntropyIO secured a $40M $HYPE stake in #Anthropic to build liquid markets for frontier assets. Entropy is a perpetual futures trading platform covering crypto, equities, commodities, indices, and private markets. Users can trade leveraged perpetuals tied to assets such as BTC, ETH, gold, oil, the S&P 500, individual stocks, and pre-IPO companies.
👉 x.com/entropyIO/status/2091927497978130568
#EntropyIO secures $14M in a Seed funding round led by Ribbit Capital. Additionally, EntropyIO secured a $40M $HYPE stake in #Anthropic to build liquid markets for frontier assets. Entropy is a perpetual futures trading platform covering crypto, equities, commodities, indices, and private markets. Users can trade leveraged perpetuals tied to assets such as BTC, ETH, gold, oil, the S&P 500, individual stocks, and pre-IPO companies.
👉 x.com/entropyIO/status/2091927497978130568
LIQUIDATION DATA IN 24 HOURS
TOTAL LIQUIDATIONS: UP TO $706.67M
TOP 5 COINS WITH HIGHEST LIQUIDATION:
$BTC ~ $354.42M
$ETH ~ $156.75M
$SOL ~ $23.64M
#XRP ~ $16.95M
#ZEC ~ $8.63M
#Blockchain #DeFi #liquidation
TOTAL LIQUIDATIONS: UP TO $706.67M
TOP 5 COINS WITH HIGHEST LIQUIDATION:
$BTC ~ $354.42M
$ETH ~ $156.75M
$SOL ~ $23.64M
#XRP ~ $16.95M
#ZEC ~ $8.63M
#Blockchain #DeFi #liquidation
HashKey unveils a partnership with Franklin Templeton
#HashKey has partnered with #FranklinTempleton to launch the Franklin OnChain U.S. Government Liquidity Fund on the platform's Earn channel. The product gives investors exposure to a tokenized fund focused primarily on U.S. government money market instruments and U.S. dollar cash assets. The tokenized fund is limited to professional investors and is not available to the general public in Hong Kong.
👉 theblock.co/news/business/2026-08-25-franklin-templeton-hashkey-tokenized-fund-412675
#HashKey has partnered with #FranklinTempleton to launch the Franklin OnChain U.S. Government Liquidity Fund on the platform's Earn channel. The product gives investors exposure to a tokenized fund focused primarily on U.S. government money market instruments and U.S. dollar cash assets. The tokenized fund is limited to professional investors and is not available to the general public in Hong Kong.
👉 theblock.co/news/business/2026-08-25-franklin-templeton-hashkey-tokenized-fund-412675
MOST RECENT ASSETS IN THE ACCUMULATION PHASE
$XRP $ENA $PYTH $MET $TRUMP $ONG $XPL $TRIA $GPS $RED
$XRP $ENA $PYTH $MET $TRUMP $ONG $XPL $TRIA $GPS $RED
Fasset raises $68M in a Series C funding round
#Fasset secures $68M in a Series C funding round at a $1B valuation led by SBI Group. The company plans to use the funds to expand its regulated financial network and invest in agentic #AI systems for corridor banking, stablecoin settlement, and tokenized asset infrastructure. Additionally, new funding strengthens Fasset’s ties with SBI and expands its access to the Japanese group’s financial network.
Fasset is a global digital banking and payments platform tailored for emerging markets, bridging the gap between traditional finance and the decentralized #Web3 economy.
👉 x.com/fasset_official/status/2091779732799172730
#Fasset secures $68M in a Series C funding round at a $1B valuation led by SBI Group. The company plans to use the funds to expand its regulated financial network and invest in agentic #AI systems for corridor banking, stablecoin settlement, and tokenized asset infrastructure. Additionally, new funding strengthens Fasset’s ties with SBI and expands its access to the Japanese group’s financial network.
Fasset is a global digital banking and payments platform tailored for emerging markets, bridging the gap between traditional finance and the decentralized #Web3 economy.
👉 x.com/fasset_official/status/2091779732799172730
TOP GAINERS OF THE WEEK
$PURR $ENA $STX $TRUMP $PROM $PUMP $ZEC $AAVE $PENGU $APEX $ACE $SPK $LIT $KNTQ $MON
$PURR $ENA $STX $TRUMP $PROM $PUMP $ZEC $AAVE $PENGU $APEX $ACE $SPK $LIT $KNTQ $MON
6 UPCOMING CRYPTO LAUNCHES TO WATCH
#Propr $PROPR is a crypto-native prop firm offering a fair trading experience across crypto perps, equities, and commodities, with transparent funding rules, built on Hyperliquid.
#TermMax $TMX is a decentralized finance platform that integrates borrowing, lending, and leverage management within a single system.
#Umia $UMIA is the full-stack platform for funding, governing, and scaling onchain projects.
#Cambria $RSGP is an experimental, crypto-native multiplayer online role-playing game featuring high-stakes, on-chain gameplay.
#Ethos $WHUF is a decentralized reputation protocol where users build credibility through vouching, reputation markets, reviews, slashing, and social coordination.
#Avant $AVANT is a DeFi protocol aimed at creating sustainable, higher risk-adjusted yield through the deployment of advanced market-neutral strategies.
#Propr $PROPR is a crypto-native prop firm offering a fair trading experience across crypto perps, equities, and commodities, with transparent funding rules, built on Hyperliquid.
#TermMax $TMX is a decentralized finance platform that integrates borrowing, lending, and leverage management within a single system.
#Umia $UMIA is the full-stack platform for funding, governing, and scaling onchain projects.
#Cambria $RSGP is an experimental, crypto-native multiplayer online role-playing game featuring high-stakes, on-chain gameplay.
#Ethos $WHUF is a decentralized reputation protocol where users build credibility through vouching, reputation markets, reviews, slashing, and social coordination.
#Avant $AVANT is a DeFi protocol aimed at creating sustainable, higher risk-adjusted yield through the deployment of advanced market-neutral strategies.
MAJOR UPCOMING TOKEN UNLOCKS
#SoSoValue $SOSO #OrochiNetwork $ON #HumanityProtocol $H #Perle $PRL #AltLayer $ALT #Plasma $XPL #HumaFinance $HUMA #AEON $AEON #GRVT $GRVT
#SoSoValue $SOSO #OrochiNetwork $ON #HumanityProtocol $H #Perle $PRL #AltLayer $ALT #Plasma $XPL #HumaFinance $HUMA #AEON $AEON #GRVT $GRVT
Phantom to end support for the Sui network on September 24th
#Phantom will discontinue support for the #Sui network on September 24th. After this date, users will no longer be able to view, send, swap, or manage Sui assets through Phantom. The assets will remain on the Sui blockchain and can be accessed through a compatible wallet using the same credentials. Phantom did not disclose a reason for ending Sui support.
Phantom is a non-custodial wallet and browser extension that can manage digital assets and interact with smart contracts and digital applications.
👉 x.com/phantom/status/2091692255094685806
#Phantom will discontinue support for the #Sui network on September 24th. After this date, users will no longer be able to view, send, swap, or manage Sui assets through Phantom. The assets will remain on the Sui blockchain and can be accessed through a compatible wallet using the same credentials. Phantom did not disclose a reason for ending Sui support.
Phantom is a non-custodial wallet and browser extension that can manage digital assets and interact with smart contracts and digital applications.
👉 x.com/phantom/status/2091692255094685806
Shinhan unveils partnership with Solana Foundation, Etherfuse, and Orca
#Shinhan has signed a four-party memorandum of understanding with the #SolanaFoundation , #Etherfuse , and #Orca . The agreement covers a proof-of-concept for issuing and distributing a Korean won-denominated tokenized fund. The proposed structure would have overseas institutional investors buy Shinhan’s KRW ultra-short-term bond fund, with the holdings then issued as tokenized assets. The POC will assess KYC/AML frameworks, security audits, blockchain operations, regulatory compliance, and onchain liquidity design under domestic and international standards.
👉 theblock.co/news/regulation/2026-08-21-south-korea-shinhan-partners-solana-412420
#Shinhan has signed a four-party memorandum of understanding with the #SolanaFoundation , #Etherfuse , and #Orca . The agreement covers a proof-of-concept for issuing and distributing a Korean won-denominated tokenized fund. The proposed structure would have overseas institutional investors buy Shinhan’s KRW ultra-short-term bond fund, with the holdings then issued as tokenized assets. The POC will assess KYC/AML frameworks, security audits, blockchain operations, regulatory compliance, and onchain liquidity design under domestic and international standards.
👉 theblock.co/news/regulation/2026-08-21-south-korea-shinhan-partners-solana-412420
Laser Digital secures approval to offer crypto services in Japan
#LaserDigital became Japan’s first new crypto industry entrant in four years after its local subsidiary secured registration as a crypto asset exchange provider, ahead of the country’s planned shift to a financial-instruments regulatory framework. The firm will initially provide liquidity services to local virtual asset service providers. It plans to expand into digital-asset trading for institutional investors, with the launch timeline and full service scope yet to be disclosed.
👉 coindesk.com/policy/2026/08/21/nomura-backed-laser-digital-wins-japan-s-first-crypto-approval-in-four-years
#LaserDigital became Japan’s first new crypto industry entrant in four years after its local subsidiary secured registration as a crypto asset exchange provider, ahead of the country’s planned shift to a financial-instruments regulatory framework. The firm will initially provide liquidity services to local virtual asset service providers. It plans to expand into digital-asset trading for institutional investors, with the launch timeline and full service scope yet to be disclosed.
👉 coindesk.com/policy/2026/08/21/nomura-backed-laser-digital-wins-japan-s-first-crypto-approval-in-four-years
TOP TRENDING CRYPTOS BY #COINMARKETCAP
$ONG $CRV $MANTRA $BEAT $AERO $UP $GWEI $STAR $CYS $VVV
$ONG $CRV $MANTRA $BEAT $AERO $UP $GWEI $STAR $CYS $VVV
Weekly Market Overview — August 21, 2026
📊 A snapshot of this week’s crypto market activity, highlighting sector performance, price trends, and key indicators.
🔥 Top Categories (7D):
Launchpad +26.3%
Perpetual +25.2%
Oracle +24.9%
Infrastructure +23.0%
DeFi +22.1%
📉 Market Indicators:
😨 Fear & Greed Index: 70(Greed)
🟠 Altcoin Season Index: 36/100 — Bitcoin Season
#CryptoUpdate #MarketRecap #DigitalAssets #CryptoTrends #WeeklyOverview
📊 A snapshot of this week’s crypto market activity, highlighting sector performance, price trends, and key indicators.
🔥 Top Categories (7D):
Launchpad +26.3%
Perpetual +25.2%
Oracle +24.9%
Infrastructure +23.0%
DeFi +22.1%
📉 Market Indicators:
😨 Fear & Greed Index: 70(Greed)
🟠 Altcoin Season Index: 36/100 — Bitcoin Season
#CryptoUpdate #MarketRecap #DigitalAssets #CryptoTrends #WeeklyOverview
NeoSoul raises $11M in a pre-Series A funding round
#NeoSoul secures $11M in a pre-Series A funding round from MH Ventures, Amber Group, ArkStream Capital, 0G Foundation, Kirin Capital, CatcherVC, and New Oak International. NeoSoul will use the funds to expand NeoTrade’s products, trading infrastructure, and global ecosystem, linking autonomous AI decisions with secure execution.
NeoSoul is a decentralized artificial intelligence platform focused on building a large-scale #AIagent network across the #BNBChain and #0G ecosystems.
👉 x.com/NeoSoulAI/status/2090338023607345465
#NeoSoul secures $11M in a pre-Series A funding round from MH Ventures, Amber Group, ArkStream Capital, 0G Foundation, Kirin Capital, CatcherVC, and New Oak International. NeoSoul will use the funds to expand NeoTrade’s products, trading infrastructure, and global ecosystem, linking autonomous AI decisions with secure execution.
NeoSoul is a decentralized artificial intelligence platform focused on building a large-scale #AIagent network across the #BNBChain and #0G ecosystems.
👉 x.com/NeoSoulAI/status/2090338023607345465
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