Decrypt’s Morning Minute said Pump.fun’s PUMP token is showing its first golden cross since launch, with the 50-day EMA moving above the 200-day EMA after a prolonged downturn. The token fell to $0.001491 in July, traded as high as $0.003 intraday on Monday, and later changed hands near $0.002733. The report tied the move to improving business performance rather than price action alone. According to DefiLlama data cited in the piece, Pump.fun generated $11.52 million in revenue over the past seven days, ranking fourth among all crypto protocols behind Tether, Circle, and Canton. The newsletter also said annualized revenue stands at $458 million against a $1.09 billion market cap, while August 10 to 16 fees reached $10.74 million, up 7% week over week. Pump said Tuesday’s $1.73 million marked its strongest single revenue day since January 30. The article also highlighted Pump.fun’s buyback-and-burn structure, recent product changes including Callout Rewards and lower trading fees, plus broader market, macro, ETF, memecoin, token, and NFT developments covered in the daily roundup.

Monad Foundation said it has completed a buyback plan that offered to purchase locked MON tokens from some early investors before their vesting schedule began to unlock. The foundation had set aside as much as $60 million for the program, aiming to give eligible holders a way to cash out early at a discounted price rather than wait for open trading and scheduled unlocks. Yet nearly all investors contacted declined to sell. The foundation did not disclose the final purchase price, the amount of capital ultimately used, or how many investors took part. It said any tokens repurchased under the plan would remain subject to the original lockup schedule, meaning the buyback would not accelerate token supply into the market. Monad’s early investors received about 19.7 billion MON, close to 20% of initial supply, when the mainnet launched last November. Those tokens are set for a first unlock in November, followed by monthly releases over four years. The development comes as MON trades below its public sale price while the chain’s onchain activity rises. On Tuesday, MON was around $0.021, below the $0.025 public sale level. At the same time, DeFiLlama data cited in the report showed Monad ecosystem TVL climbing from about $360 million on July 2 to roughly $895 million in six weeks, with stablecoins at about $707 million and 24-hour DEX volume near $79 million.

Tokenized money market and Treasury funds are moving beyond their original role as yield products and into a new position inside institutional digital cash systems. By May 2026, tokenized Treasury and money market funds had reached about $10 billion in combined assets, with BlackRock’s BUIDL alone accounting for roughly 40% of that total. At the same time, Hong Kong moved tokenized funds from a subscription-and-redemption model toward 24/7 secondary trading, while banks in Singapore began testing tokenized fund shares as collateral for lending and trading activity. The competition is now centered on utility rather than issuance alone. In the United States, tokenized funds are increasingly being tied to stablecoin reserve structures, including JPMorgan’s JLTXX on Ethereum, which is designed for reserve use under the GENIUS Act framework. Europe and the UK are focusing on fitting these products into formal regulatory systems. Singapore is pushing the collateral use case. Hong Kong, meanwhile, is trying to combine issuers, banks, trading venues and settlement infrastructure in one regulated market structure. What is emerging is not simply a new wrapper for traditional money funds. Tokenized fund shares are being tested as assets that can circulate across trading, settlement and credit networks. That raises a broader question for asset managers, banks and crypto platforms alike: in a market where cash management tools, bank deposits and digital currencies start to share the same rails, who will control access to the system itself?

Taiwan’s Criminal Investigation Bureau said it had broken up an eight-person ticket scalping ring on Aug. 11, the same day K-pop group aespa performed at Taipei Dome. According to local reporting cited in the source article, the group used a SIM box-based SMS collection setup, commonly known as a “cat pool,” to register more than 800 ghost accounts and automate access to ticketing systems. Authorities said the operation had targeted high-demand events since last year, including shows by BLACKPINK, BABYMONSTER, Mayday and G.E.M. The ring allegedly obtained more than 2,000 tickets with a combined face value of about NT$11 million. When investigators moved in during mid-July, three suspects were preparing to leave Taiwan and were stopped at the airport. Prosecutors later imposed travel restrictions and bail ranging from NT$100,000 to NT$1 million, while the alleged ringleader surnamed Luo remained in custody in another case. The report also points to a broader trend: AI tools are lowering the barrier to building ticket-buying scripts, while ticketing platforms are expanding bot detection through behavior analysis, device fingerprinting, randomized queues and identity checks. The suspects were referred under Article 10-1 of Taiwan’s Cultural and Creative Industries Development Act, which allows penalties of up to three years in prison or fines of up to NT$3 million for obtaining tickets through improper means.

BitMart is facing mounting complaints from customers who say withdrawal requests remain pending weeks after the exchange’s July 26 “orderly wind-down” announcement. The company had said withdrawals would remain available, but users on social media claim they still cannot access funds, with one customer alleging that $10.1 million remains stuck on the platform and another saying only $5 was released from a roughly $24,000 request. Complaints have also come from crypto projects including Gen6, Paxi Network, and Scandic Coin, each describing delayed or refused withdrawals after July 26. On Saturday, founder Sheldon Xia responded after two weeks of silence, denying that BitMart had disappeared or misappropriated user assets. He said the team is still tallying and consolidating holdings and raised the possibility of using courts and independent third-party auditors to produce a transparent report. His statement, however, included no figures, no timetable, and no proof of reserves. Blockchain tracking data cited in the report adds to scrutiny. Arkham Intelligence data attributed to BitMart showed holdings falling from about $102 million on July 6 to $69 million by July 27, while BMX dropped 81% in a week. DefiLlama’s estimate was far lower, at about $2.6 million in assets.

Bitcoin Improvement Proposal 110 is nearing a key enforcement window even though public miner signaling remains below 3%, far short of the 55% level many market observers usually associate with a successful Bitcoin upgrade. Supporters say that framing misses the point because BIP-110 is structured as a user-activated soft fork rather than a miner referendum. The proposal would temporarily tighten Bitcoin’s consensus rules to make inscription methods tied to Ordinals and Runes impractical, a move backers say would reduce non-payment data on the chain and protect Bitcoin’s role as money. Critics argue the lack of miner support shows the proposal is effectively finished and maintain that Bitcoin’s fee market should decide how block space is used. If nodes running BIP-110 begin rejecting non-signaling blocks at block 961,632, the network could split into two branches, with the BIP-110 side likely starting with only a small share of total hash rate. Some bitcoin-only exchanges are planning temporary deposit and withdrawal pauses around the activation window, reflecting the risk that consensus may hinge on coordination across miners, exchanges, wallet providers, and users rather than on hash rate alone.

Gate said its stock derivatives section will debut 10 perpetual contracts on August 4 at 13:30 (UTC+8), with all contracts settled in USDT and offering 1x to 20x leverage. The first batch includes CAMBRICON, EOPTOLINK, IEIT, MONTAGE, FII, NAURA, AMEC, SUNGROW, CMOC and BLUEFOCUS, each listed with their corresponding China A-share tickers. The exchange also said it will open the 12th new-token airdrop event for its stock derivatives section from August 4 at 16:00 to August 13 at 16:00 (UTC+8). Under the campaign, new users can receive 5 USDT after completing their first futures trade, while participants who complete daily trading-volume check-ins for eligible contracts can collect as much as 35 USDT in total. Users trading the designated contracts will also be able to share a 30,000 USDT prize pool. According to the official announcement cited by ChainCatcher, the total prize pool for the event is 50,000 USDT, and the maximum reward available to a single participant is 240 USDT.

IOSG’s latest deep dive argues that Robinhood is no longer renting blockspace from someone else’s network. By launching its own Layer 2, the company now controls the rails for trading, settlement, collateral, yield and asset circulation, a move the report frames as a direct answer to Coinbase’s Base. Robinhood Chain was built for tokenized equities and broader real-world asset activity, yet its first wave of traction came from meme coins and AI agents rather than stocks. As of July 20, 2026, IOSG said RWA assets still accounted for only about 4% of total value locked. The report lays out a layered structure around the chain, including USDG as the main settlement dollar, USDe as a yield-bearing collateral asset, Wallet as the user entry point, and separate perpetual venues such as Lighter and Arcus. It also spends considerable time on the legal structure of Robinhood’s stock tokens, describing them as tokenized debt securities issued by Robinhood Assets (Jersey) Limited rather than direct ownership of underlying shares. IOSG’s conclusion is that the infrastructure economics already make sense for Robinhood, but the unresolved question is whether meme-driven traffic can be converted into durable RWA activity and whether the company will eventually publish reserve proof for its stock token model.