Secret Network minted 1.079 billion SCRT through its v1.26 community upgrade after Proposal 365 passed, cutting existing holders' collective share to about a quarter of the new total even as their token balances stay the same.

The mint is a survival mechanism: SCRT Labs, the Cosmos L1's core developer, ends its support on September 1, so the community voted to self-fund the chain. The new SCRT was split across foundation and core-development programs (299M each), an ecosystem fund (178M), and smaller buckets for advisors, R&D, validators, builders and remediation, with 308M liquid on day one and ongoing inflation set at 5%.

Holders were not airdropped anything; the dilution simply shrinks everyone's slice to keep development, infrastructure and validators funded. It also lands at a brutal moment: just four days ago Binance said it will delist SCRT on September 3, pulling the token from its largest order books only days after the developer exit.

Within a single week, Secret loses its lead developer, its biggest exchange's liquidity, and three-quarters of every holder's share, then leans entirely on community funding to survive. It is a stark test of whether community-run tokenomics can keep an orphaned Layer 1 alive.

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Stablecoin neobank Fasset raised $68M led by Japan's SBI Group at a $1B valuation, just three months after its $51M Series B and taking its 2026 funding to $119M.

Fasset says revenue is up roughly sixfold over the past year and it has been profitable for 12 straight months, processing more than $32B in annualized transaction volume across 125 countries and 50-plus payment corridors. CEO Mohammad Raafi Hossain framed the raise around scaling a compliant stablecoin bank rather than chasing growth at a loss.

The plan is to tap SBI's financial network to widen stablecoin payment rails across Japan, Asia and other emerging markets, where dollar access and cross-border transfers remain expensive and slow.

Hitting unicorn status on a profitable, revenue-generating base makes Fasset a rare stablecoin play that reads more like a fintech than a token bet, and hands SBI a direct lever into emerging-market payments.

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Term Finance, an Ethereum fixed-rate lending protocol, was drained of about $8.5M after an attacker cornered a majority of its thinly-held DAO token and voted through malicious proposals to seize the protocol's strategy vaults.

The attack cost almost nothing to set up: the attacker's funding traced to just 2 ETH routed through Tornado Cash. Because the governance token had a low float and thin voter turnout, that small stake was enough to clear the proposal and quorum thresholds and self-approve transactions that redirected vault assets.

Roughly 2,843 ETH (about $6.87M) and 1.68M USDC were pulled out, with the USDC swapped into DAI. Decurity's Defimon bot flagged it first, and PeckShield and CertiK confirmed it. Term Labs irreversibly shut down all Term Meta Vaults and revoked their DAO roles, blocking new deposits while keeping withdrawals open.

It is a textbook governance takeover: when a token is cheap and sparsely held, control of the treasury can cost far less than the treasury itself, a risk any low-float DAO with money in its vaults should treat as live.

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New onchain activities from the past week, verified, with the exact steps to get in.

Six projects shipped something new this week: a waitlist, an Arthur Hayes airdrop, live RWA perps, a prediction app, an invite-only pre-IPO DEX, and a points program

1. GTE · Waitlist

Onchain exchange (orderbook + AMM + launchpad) on MegaETH. Backed by a $26M round with Wintermute and Maven11 among investors.

How to get in:

1. Go to waitlist.gte.xyz and enter your email.
2. Confirm with the 6-digit code sent to your inbox.
3. Claim a username, connect X and follow @GTE_XYZ, then link and verify Instagram, each action adds points to your position.
4. Share your referral link to climb the list faster.

Tip: if you traded the GTE testnet before, keep that wallet, early activity may be counted retroactively.

2. Flop Labs · Airdrop

Arthur Hayes' network where AI agents pay FLOP for compute, built on its own upcoming L1 ("Flop Network"). 100% fair launch, no presale, no VC.

How to get in:

1. Go to flop.finance.
2. Follow @flop_labs on X. The site states this is the eligibility signal.

That's the only action available right now. The airdrop is targeted for Q4 2026, with chain genesis in Q1 2027. No formal snapshot criteria have been published yet, so treat "follow to qualify" as an early signal, not a guarantee.

3. Meridian · Live

24/7 perpetuals on real-world assets, all settled in USDe. Meridian is the rebrand of Ethereal (Ethena-incubated) and a launch partner on Robinhood Chain.

How to get in:

1. Open app.meridian.xyz and connect a Robinhood Chain wallet.
2. Fund your wallet with USDe (buy on a CEX and withdraw, or bridge and swap in-app).
3. Deposit USDe and open positions on perps or prediction markets.
4. Optional: deposit USDe into the MLP Vault for yield plus a share of Meridian Points.

Used Ethereal before? Migrate your account, your existing Points carry over.

4. Sight · Waitlist

A social app for fast, 15-minute memecoin up/down prediction markets, built on Robinhood Chain.

How to get in:

1. Join the waitlist at sighthood.com.

Early access before the points system formalizes is the edge here. Product details are still rolling out.

5. Entropy · Invite

A perp DEX for pre-IPO and private-market assets (default market: Anthropic), built on Hyperliquid via HIP-3. Team-backed and still in stealth.

How to get in:

1. Sign up through the invite link: entropy.io/?r=cryptodiffer
2. Connect an EVM wallet (MetaMask or Rabby).
3. Fund USDC on Arbitrum and bridge into Hyperliquid.
4. Pick a pre-IPO market, set your leverage (~3x), and place your order.

Access is invite-gated, so getting in early is part of the point.

6. Rialo · Points

A real-world L1 where smart contracts read live data directly, no oracles. Backed by a $20M seed led by Pantera Capital.

How to get in:

1. Open playground.rialo.io and sign in.
2. Get devnet tokens from the faucet.
3. Run transactions across the devnet apps, returning on different days (activity is time-weighted).
4. Join the Discord and verify to earn community roles.

Points here are an early pre-airdrop signal.

Not financial advice. Early-stage projects carry real risk. Waitlists and points programs don't guarantee tokens, and unaudited apps can lose funds. Do your own research before connecting a wallet or depositing capital.

Bitcoin ripped back to $78K, up 22% on the week, risk appetite returned, and new token launches are firing again. Four to watch in the next 10 days: DGrid AI (DePIN AI), TermMax (fixed-rate DeFi), Umia (launchpad) and Ethos (onchain reputation).

A full list of Major Upcoming Events, to be updated

Circle and Tether have minted a combined $3 billion in stablecoins over the past two days, signaling accelerating demand for on-chain dollars.

Tether minted $2 billion USDT on TRON in two separate $1 billion batches, while Circle also expanded USDC supply. The combined circulating supply of USDT and USDC has now surpassed $250 billion, highlighting the continued growth of stablecoins as liquidity infrastructure for crypto markets.

The latest USDT mints come alongside flows toward Binance, fueling speculation that fresh liquidity could enter the market.

The surge in stablecoin supply points to growing demand for digital dollars and on-chain liquidity, while increase the amount of capital available for trading, payments, lending, and settlement across crypto markets.

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OpenAI has launched an Apple Messages plugin for ChatGPT on Mac, allowing users to search conversations, catch up on messages, draft replies, and send messages directly through ChatGPT.

Users can ask ChatGPT to find missed conversations, suggest follow-ups, identify birthdays, or draft replies based on their calendar availability. The integration is currently available to ChatGPT Work and Codex users on Mac through the public Plugins section.

The feature is opt-in, but enabling it requires granting ChatGPT access to on-device Messages history, contacts, automation tools, and Full Disk Access in macOS.

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BounceBit has decided to permanently disable BounceBit Chain after an attacker exploited an authorization vulnerability in the Evmos-based protocol, transferring 286.5M BB from nine mainnet accounts across 14 transactions.

The exploit was caused by a protocol-level authorization flaw and did not involve private key leaks, wallet compromises, or exchange breaches. BounceBit’s CeDeFi Strategy, Promo Vaults, Prime, and RWA products were not affected.

BounceBit will reissue BB as a BEP-20 token on BNB Chain, using a snapshot from block 20,697,260, taken immediately before the attack.

The stolen 286.5M BB will not be included in the new supply, while users’ liquid and staked balances at the snapshot will be restored automatically.

No action is currently required from holders. BounceBit says there is no claim or migration process, and users should avoid any links or messages asking them to connect wallets, migrate tokens, or verify their accounts.

The decision permanently ends BounceBit’s standalone chain, with the project citing stronger security, liquidity, infrastructure, and user activity on BNB Chain as key reasons for the move.

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The company holds 840,447 BTC at an average cost of $75,385, about $63.4B all in. It started 2026 more than $15B in the green, then spent most of the year underwater, as deep as $8.9B in the red by July, worth less than it paid for the first time in years.

Now, with BTC back above its cost basis, that stack is green again.