BTC $64,815.14 +1.45%
ETH $1,924.98 +1.11%
BNB $591.05 +3.67%
XRP $1.08 +1.01%
SOL $74.61 +1.57%
TRX $0.3288 +0.97%
DOGE $0.0704 +0.92%
ADA $0.1699 +4.08%
BCH $216.21 +3.88%
LINK $8.47 +2.59%
HYPE $55.65 +3.85%
AAVE $98.97 +3.13%
SUI $0.6955 +1.53%
XLM $0.1723 +0.45%
ZEC $473.37 +2.05%
BTC $64,815.14 +1.45%
ETH $1,924.98 +1.11%
BNB $591.05 +3.67%
XRP $1.08 +1.01%
SOL $74.61 +1.57%
TRX $0.3288 +0.97%
DOGE $0.0704 +0.92%
ADA $0.1699 +4.08%
BCH $216.21 +3.88%
LINK $8.47 +2.59%
HYPE $55.65 +3.85%
AAVE $98.97 +3.13%
SUI $0.6955 +1.53%
XLM $0.1723 +0.45%
ZEC $473.37 +2.05%

nera

All
Article
Flash

Binance Research: On-chain markets generally contracted in the first half of 2026, with DeFi TVL declining by 38%

The Binance research report shows that in the first half of 2026, the on-chain market contracted overall rather than experiencing capital rotation. The total locked value in DeFi across the entire chain decreased by $43.4 billion, a decline of 38%; the total market capitalization of the six major mainstream Layer 1 public chains covered in the report decreased by $246.5 billion, a decline of 42%. The Ethereum spot ETF holdings dropped from over 6 million ETH to 5.2 million, while the holdings of digital asset reserve companies increased from 6 million to 7.7 million, indicating a change in marginal holding structure.The report also pointed out that after the increase in Ethereum's Gas limit, the average Gas price decreased by 75% compared to 2025, and the number of transactions grew by about 50%, but the annual on-chain revenue is still expected to decline by 53%. User activity on Layer 2 general networks significantly weakened, with user operations dropping by about 77% from January to June 2026. The Solana network's REV fell from $40 million in January to $14 million in June.On the other hand, BNB Chain performed outstandingly in the field of tokenized stocks and tokenized real-world assets, with the market share of on-chain tokenized RWA increasing from 9.8% to 13.5% in the first half of the year. The report also mentioned that prediction markets, DEX, lending, and tokenized RWA remain among the few major directions that maintain activity.

first_img Fake World Assets generated daily revenue exceeding Aave and Uniswap within four days of launch, briefly ranking second on Ethereum

According to DefiLlama data, the Ethereum chain random NFT acquisition protocol Fake World Assets, developed by the two-person team Token Works, surpassed the daily revenue of Collector Crypt on Solana within four days of its relaunch on July 20.On July 25, the peak daily revenue reached $447,604, with total fees of $1.6 million, and approximately 90,000 transactions including about 35,000 draws, with a trading volume of around 2,000 ETH. After that, activity declined, with revenue in the past 24 hours dropping to $167,869, ranking second in daily revenue among Ethereum protocols, only behind Sky ($464,303), and ahead of Aave ($105,282) and Uniswap ($76,028).In this protocol, depositors list NFTs along with their pledged ETH collateral (similar to Uniswap V2 trading pairs), where the collateral determines the weight of each NFT and provides depositors with irrevocable continuous bids to reacquire the NFT. Anyone can pay the acquisition price generated by the liquidity pool to obtain a randomly selected NFT.The pool has accumulated over 1,500 NFTs including CryptoPunks, with randomness provided by Chainlink VRF. The token emission incentives expire 15 days after launch, and daily fees have decreased by about half from their peak. Collector Crypt on Solana remains the leader in this sector, with users spending over $209 million on its card packs in June alone.

Claude discovered vulnerabilities in the encryption algorithm, posing a theoretical threat to post-quantum security

Anthropic announced that the Claude Mythos Preview model has made breakthroughs in cryptographic research, discovering improved attack methods against the post-quantum digital signature candidate HAWK. HAWK is a post-quantum signature candidate solicited by NIST to combat quantum computer attacks, which has already passed two rounds of expert review. However, Claude reduced the effective key strength of HAWK-256 from 2^64 to 2^38 in just 60 hours, significantly lowering the theoretical cost of cracking. HAWK has not yet been deployed in practice, and this attack currently does not affect any production systems.Claude also discovered an improved attack against 7-round AES, achieving a speed increase of 200 to 800 times. During the research process, Claude independently completed literature reviews, mathematical reasoning, and experimental validation with limited guidance from cryptographers. The HAWK attack took about 60 hours and had an API cost of approximately $100,000; the AES attack was completed independently by Claude, which generated about 1 billion tokens before proposing core innovative ideas. Anthropic researchers then spent hundreds of hours validating the results. Anthropic stated that AI models can now help identify significant flaws in cryptographic algorithms, and the cryptography community may face bottlenecks similar to those in the software vulnerability field—AI-generated research results far exceed human verification capabilities. Anthropic has collaborated with academic institutions to launch the CryptanalysisBench benchmark and coordinated disclosures with NIST authors and government partners. The research team has achieved preliminary results on algorithms such as LEA and Serpent-128. Anthropic warns that as AI capabilities improve, actual attacks against deployed systems may be discovered in the future, necessitating the establishment of response mechanisms in advance.

hot_img Bitwise releases Q3 2026 staking report: Activity on various main chains rises but revenue generally declines, institutional entry becomes a core theme

According to the Bitwise "Q3 2026 Staking Report," Q2 2026 presents a divergent pattern of "increased on-chain activity and decreased fee revenue," with the core driving factor being various protocols actively reducing block space costs.In terms of core data across chains, Ethereum's active staking volume reached a historic high of 40.2 million ETH (accounting for 33% of the total supply), while network revenue decreased by 51% year-on-year to $64 million, although it rebounded in ETH terms quarter-on-quarter; Solana's Q2 Real Economic Value (REV) dropped to $51 million, significantly down from the peak of $812 million in Q1 2025, but non-voting transaction volume reached 9.8 billion, maintaining resilience in on-chain activity; Hyperliquid's Q2 total protocol revenue was $174.8 million, with perpetual contract trading volume reaching $65.2 billion, and the proportion of non-crypto assets (commodities, stock indices, etc.) rose to 32%; Avalanche C chain's transaction volume grew approximately fourfold year-on-year to 236 million transactions, but network revenue plummeted due to a significant drop in fees, leaving only $330,000; NEAR saw a dramatic 75% drop in on-chain transaction volume to 77.7 million transactions due to the collapse of Kai-Ching application activity, but the Intents execution layer generated fees approximately 68 times that of the base chain.In terms of institutional adoption, BlackRock launched an Ethereum staking ETF (ETHB), Coinbase and Circle each staked 500,000 HYPE, and Bitwise, 21Shares, and Grayscale successively launched HYPE spot ETFs. Additionally, the stablecoin payment chain Tempo, incubated by Stripe and Paradigm, processed $386 million in transfers in its first quarter, while the global payroll platform Deel distributed approximately $30 million to 7,200 contractors through this chain.

Zilliqa Ledger application exposes serious vulnerability, signing 5 native transactions may leak private keys

Zilliqa stated that there is a serious random number generation vulnerability in the Zilliqa Ledger application, affecting the Schnorr signatures of native non-EVM Zilliqa transactions. Attackers can recover the signer's private key from the biased temporary random numbers using only publicly available on-chain data.Any account that has signed and broadcasted about 5 or more native transactions through the Zilliqa Ledger application should be considered compromised. Since the related signatures are permanently recorded on the chain, subsequent updates to the application cannot eliminate the risk, and the affected private keys must be deactivated. EVM transactions and development tools such as zilliqa-js, gozilliqa-sdk, and pyzil are not affected.The vulnerability arises from the application selecting the wrong 32 bytes when copying the random number, retaining 8 bytes of zero padding and losing 8 bytes of entropy, resulting in each random number having a maximum of 64 bits fixed to zero. Attackers can use 5 or more affected signatures to recover the private key within seconds using ordinary hardware. Zilliqa observed suspected active exploitation on July 19 and confirmed the root cause on July 21.Zilliqa has suspended native transactions to prevent further loss of funds and is preparing a revised application with Ledger. However, the revised version cannot protect the exposed keys, and affected users should not transfer assets on their own but wait for the official announcement of a coordinated disposal plan.
app_icon
ChainCatcher Building the Web3 world with innovations.