1. WLFI will open the first round of 20% token claims on September 1 link.
WLFI announced that its token will soon be launched on the Ethereum mainnet, with 20% of early supporter shares available for claiming starting September 1 at 8:00 a.m. ET, while the remaining 80% of the unlock will be decided by community voting. The tokens held by the founding team, advisors, and partners remain locked.
2. The total deposit amount of Morpho has exceeded 10 billion USD link.
The total deposit amount of Morpho has exceeded 10 billion USD, including multi-chain supported Morpho Core, Morphp Lite, and Morpho Optimizer, with Morpho's active loan amount at 3.5 billion USD and total locked value at 6.7 billion USD.
3. Wormhole officially proposed an acquisition offer for Stargate, intending to acquire link for at least 120 million USDC.
On August 21, the Wormhole Foundation announced its intention to acquire the cross-chain protocol Stargate and requested a suspension of the current Snapshot vote for 5 business days to complete due diligence and submit a more attractive formal offer. Wormhole pointed out that LayerZero's proposed acquisition plan valued at approximately 110 million USD for STG does not adequately reflect Stargate's growth performance.
On August 23, the Wormhole Foundation officially made an acquisition offer for Stargate, planning an initial offer of at least 120 million USDC to acquire Stargate. This offer is higher than LayerZero's 110 million USD, and will adopt a cash payment model rather than a token exchange model.
Previously, the LayerZero Foundation proposed an acquisition proposal of approximately 110 million USD to the Stargate DAO, intending to acquire the Stargate cross-chain bridge and its STG token, planning to dissolve the Stargate DAO and exchange 1 STG for 0.08634 ZRO to swap STG for LayerZero's native token ZRO.
4. Kaito released a roadmap and update plan: advancing the unified identity system, establishing Kaito Venture to promote ecosystem expansion link.
Kaito released a roadmap and update plan to address AI pollution by establishing a unified identity system that aggregates reputations across various platforms and data silos; achieved approximately 40 million USD ARR in the first half of the year, with over 80% of trackable on-chain revenue; strategic reserves of over 6 million KAITO are sufficient to support incentives for existing plans, and ways to deploy these reserves will be explored; focus on on-chain integration, leaderboards, Kaito Earn, distribution, vertical integration, mobile native experiences, and ecosystem advocacy; total airdrop amount over the past few months was 9.4 million USD, with an annualized return rate of approximately 75%; Kaito Venture established.
5. Starknet announced that the community proposal SNIP-31 has been approved and will launch the Bitcoin staking feature link.
Starknet announced that the community proposal SNIP-31 has been approved, and the Bitcoin staking feature will officially launch in the coming weeks. This mechanism sets the Bitcoin staking weight at 0.25, accounting for 25% of the consensus weight, with the remainder covered by STRK; it also approves WBTC, LBTC, tBTC, and SolvBTC as staking assets, and establishes governance rules for future newly added BTC wrapped assets.
6. Avalanche collaborates with Bowmore to launch on-chain whiskey NFT link.
The renowned Scottish whiskey brand Bowmore announced a collaboration with Avalanche to launch the first on-chain whiskey NFT series, which will be released at the TOKEN2049 conference in Singapore on September 30, 2025, and has begun pre-sales, including 8 limited collector's editions of 30-year-aged whiskey priced at 5,500 USD (holders may be invited to meet with Ava Labs founder Emin Gün Sirer) and 150 limited 12-year-aged classic editions priced at 180 USD each, with NFC chips and bound NFTs, allowing buyers to receive the NFT through the Suntory official website and redeem the physical product at the conference.
7. The total number of addresses on the X Layer network has surpassed 2 million link.
The total number of addresses on the X Layer network has surpassed 2 million, with an increase of over 500,000 in the past week. On August 21, the number of daily active addresses on X Layer exceeded 60,000, setting a new historical high; at the same time, the average block size and gas consumption on that day both reached new historical highs.
OKB surpassed 210 USD, setting a new historical high, currently reported at 209.13 USD, with a 7-day increase of 91.49%. The current total market value of OKB is 4.39 billion USD, ranking 32nd in market capitalization.
8. Messari released the BNB Chain Q2 report, with DEX transaction volume ranking first across the entire chain link.
According to Messari's latest BNB Chain Q2 2025 report, BNB's market capitalization grew by 7.5% to 92.6 billion USD, while on-chain revenue decreased by 37.5% to 44.1 million USD due to gas fee reductions; average daily transaction volume doubled to 9.9 million transactions, and daily active addresses increased to 1.6 million. DeFi TVL rose to 9.95 billion USD, with DEX's average daily transaction volume of 3.3 billion USD ranking first across the entire chain, and the market capitalization of stablecoins increased to 10.5 billion USD, with USD1's market capitalization reaching 2.2 billion USD in the first quarter.
9. Story co-founder Jason Zhao announced his resignation from a full-time position to take on a role as a strategic advisor link.
Story co-founder Jason Zhao announced his resignation from a full-time position to take on a role as a strategic advisor, focusing on the new AI project Poseidon. He stated that Story has been the most meaningful experience of his 3.5 years, with the project having completed over 130 million USD in funding. However, this move raised community concerns, with many comments pointing out Story's lack of a practical product and long-term value, criticizing its withdrawal immediately after the token generation event (TGE), leaving unclear technical and ecological prospects.
10. Kanye West announced the launch of the meme coin YZY on Solana link.
Famous rapper Kanye West posted a tweet and video announcing the launch of a meme coin called 'YZY' on the Solana blockchain. GMGN data shows that the token's market capitalization peaked at 2.04 billion USD after release and has currently fallen to around 700 million USD. In addition to the YZY token, its official website also introduced a crypto payment processor YE Pay and a debit card tool YZY Card. Coinbase executive Conor Grogan tweeted that at least 94% of YZY tokens are held by insiders; 87% of the tokens are held by a single multi-signature wallet (now dispersed into multiple wallets); over 3% of the tokens were purchased by multiple (pre-prepared) wallets through single large transactions at market opening; over 7% of the tokens are in liquidity pools.
According to analysis by Bubblemaps, the first buyer of YZY was trader Naseem, who profited over 100 million USD from TRUMP. On-chain data shows that address AwY1V first bought YZY for 250,000 USD on August 21, then profitably sold it for 800,000 USD, currently still holding approximately 600,000 USD worth of YZY. This address has a high association with several wallets that Naseem previously used to target projects like TRUMP and LIBRA.
