Aug 24, 2026 · 7 min · 9 segments
Today's blockchain and crypto news Bitcoin is up 1% at 68,428 dollars Ethereum is up 1% at 2,493 dollars BNB is up slightly at 702 dollars Strategy sells 18 million MSTR to create a new “USD Cash”…
$300 million to raise its USD reserve to $5 billion and the remaining $1.5 billion to create a new USD cash liquidity pool that can be deployed for Bitcoin purchases, dividends, debt service, securities buybacks, or other treasury purposes.
Well, Ethereum-based fixed-rate lending protocol Term Finance lost an estimated $8 million on Sunday after an attacker exploited a custom governance wrapper around its strategy vaults, draining about 2,843 ETH, according to Peck Shield and Certec.
Term Labs confirmed the governance exploit but has not yet said which vaults were affected, what permissions the attacker used, or why its safeguards failed.
failed.
The incident follows a separate April 2025 Oracle misconfiguration that caused $1.6 million in losses, of which term later recovered more than $1 million.
ETF and set a roughly 3% annual sponsor fee.
The coin remains roughly 75% below its all-time high of $3,191.
BounceBit will permanently shut down its standalone Layer 1 and migrate BB to BNB chain after an authorization flaw in its Evmos-based network allowed an attacker to move about 286 million worth roughly $3 million from nine accounts without compromising private keys, signatures, wallets, or exchange accounts.
The attacker exploited a flaw that let a smart contract caller specify another account as the source of funds without verifying authorization and BounceBit halted block production about 40 minutes after the attack began rather than rebuild the network.
BounceBit will reissue BB as a BEP20 token on BNB Chain using a pre-attack snapshot that effectively cancels the unauthorized transfers with holders expected to receive replacement tokens automatically and exchanges working to correct customer balances.
While Gemini and Apex Fintech Solutions signed a non-binding letter of intent to distribute crypto prediction market contracts through Apex's brokerage network, With Gemini Titan set to become the exclusive regulated venue for crypto event contracts offered through Apex's Futures Commission merchant handling both execution and clearing, the companies may also collaborate non-exclusively on event contracts tied to sports, economics, and financial markets, though the agreement still needs to be finalized.
Gemini launched prediction markets in December 2025 after Titan secured a CFTC-designated contract market license, while Gemini Olympus received a derivatives clearing organization license in April 2026, allowing Gemini to clear and settle Titan contracts internally.
And finally, Facet raised $68 million in a Series C at a $1 billion valuation, giving the stablecoin-focused neobanking platform Unicorn status and bringing its total 2026 funding to $119 million following a $51 million Series B in May.
The Los Angeles-based company plans to use the capital to expand OWN Network, its regulated infrastructure connecting banks, payment providers, liquidity providers, and other institutions across more than 100 banks.
$300 million to raise its USD reserve to $5 billion and the remaining $1.5 billion to create a new USD cash liquidity pool that can be deployed for Bitcoin purchases, dividends, debt service, securities buybacks, or other treasury purposes.
Well, Ethereum-based fixed-rate lending protocol Term Finance lost an estimated $8 million on Sunday after an attacker exploited a custom governance wrapper around its strategy vaults, draining about 2,843 ETH, according to Peck Shield and Certec.
Term Labs confirmed the governance exploit but has not yet said which vaults were affected, what permissions the attacker used, or why its safeguards failed.
failed.
The incident follows a separate April 2025 Oracle misconfiguration that caused $1.6 million in losses, of which term later recovered more than $1 million.
ETF and set a roughly 3% annual sponsor fee.
The coin remains roughly 75% below its all-time high of $3,191.
BounceBit will permanently shut down its standalone Layer 1 and migrate BB to BNB chain after an authorization flaw in its Evmos-based network allowed an attacker to move about 286 million worth roughly $3 million from nine accounts without compromising private keys, signatures, wallets, or exchange accounts.
The attacker exploited a flaw that let a smart contract caller specify another account as the source of funds without verifying authorization and BounceBit halted block production about 40 minutes after the attack began rather than rebuild the network.
BounceBit will reissue BB as a BEP20 token on BNB Chain using a pre-attack snapshot that effectively cancels the unauthorized transfers with holders expected to receive replacement tokens automatically and exchanges working to correct customer balances.
While Gemini and Apex Fintech Solutions signed a non-binding letter of intent to distribute crypto prediction market contracts through Apex's brokerage network, With Gemini Titan set to become the exclusive regulated venue for crypto event contracts offered through Apex's Futures Commission merchant handling both execution and clearing, the companies may also collaborate non-exclusively on event contracts tied to sports, economics, and financial markets, though the agreement still needs to be finalized.
Gemini launched prediction markets in December 2025 after Titan secured a CFTC-designated contract market license, while Gemini Olympus received a derivatives clearing organization license in April 2026, allowing Gemini to clear and settle Titan contracts internally.
And finally, Facet raised $68 million in a Series C at a $1 billion valuation, giving the stablecoin-focused neobanking platform Unicorn status and bringing its total 2026 funding to $119 million following a $51 million Series B in May.
The Los Angeles-based company plans to use the capital to expand OWN Network, its regulated infrastructure connecting banks, payment providers, liquidity providers, and other institutions across more than 100 banks.
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