Jupiter Chief Operating Officer Kash Dhanda laid out a clear portfolio framework in a podcast recorded on Aug. 20, saying more than half of his own holdings sit in stablecoins earning 5% to 7%, while the rest is allocated to very high-risk assets that could fall 85% in six weeks. He described that setup as a barbell strategy and argued that crypto wealth is built less by luck than by discipline, risk management and compounding yield over time. Across the conversation, Dhanda called meme coins a form of "adrenaline service" more comparable to video games than durable investments, and said most of them die quickly even if a small number survive. He also framed crypto’s long-term direction as "infinite capitalism" — a model of unlimited access and unlimited assets where anyone can access capital markets at any time from anywhere. On Solana, he said roughly $700 million in real-world assets flowed onto the chain over the past 30 days, more than all other chains combined, and that 98% of tokenized stock trading takes place there. On Jupiter, he said the team is repositioning JUP after what he described as a weak prior cycle, including using 50% of revenue to buy back the token.

Shinhan Asset Management in South Korea has signed a four-party memorandum of understanding with the Solana Foundation, Etherfuse and Orca to advance a proof of concept for a won-denominated tokenized fund. The proposed structure is modeled on BlackRock’s BUIDL fund. Under the plan, overseas institutional investors would buy a KRW ultra-short-term bond fund managed by Shinhan Asset Management, with those holdings issued in tokenized form. The proof of concept is set to cover the KYC/AML framework, security audits, blockchain operations, compliance and the design of on-chain liquidity. Shinhan Asset Management CEO Lee Seok-won said the goal is to have the required capabilities in place as soon as the system is implemented and to lead the market for KRW-based digital financial products. The move comes after South Korea’s National Assembly passed an amendment to the legal framework for security token offerings in January this year. That amendment is scheduled to take effect in February 2027.

New research from the Anti-Corruption Data Collective, or ACDC, says at least 152 anonymous wallets on Polymarket may have traded on advance knowledge related to U.S. military and defense events, generating about $8 million in profit with an average win rate of 97.2%. The group said it screened settled Polymarket markets for what it described as low-probability, high-value wagers: trades worth at least $2,500 within one hour on outcomes priced at 35% or lower. That process identified 556 wallets with unusual patterns, including 152 linked to military and defense markets. ACDC referred to these wallets as “Orcas,” describing them as addresses that appear suddenly, place bets on unlikely outcomes, win at unusually high rates, and then exit with profits. The researchers said blockchain data alone cannot identify the people behind the wallets or verify where any information came from, so the findings do not by themselves prove insider trading. The report lands as regulators keep a close watch on prediction-market abuse. The CFTC has already brought separate cases this year involving alleged use of confidential information in Polymarket trading.

A new report from Tiger Research says the real regulatory fault line in DeFi may not be smart contracts themselves, but the people who decide how user capital is deployed. The analysis follows a July 22 statement from SEC Commissioner Hester Peirce, who argued that existing securities law and the Howey test can be applied to on-chain vaults and lending strategies. If that reasoning is used broadly, Tiger Research says the impact could extend well beyond vault curators to any DeFi product that makes discretionary investment decisions on behalf of users, including liquid restaking operators, yield aggregators, and on-chain allocation services. The report estimates the total value locked exposed under that lens at roughly $25.9 billion. It also reviews four common mitigation designs already used in the market, including investor accreditation screens, exchange-based KYC distribution, collateral whitelists, and separating permissioned lending from permissionless yield tokens. Still, the report argues that these approaches mainly reduce near-term risk rather than settle the core legal issue. In Tiger Research’s view, the long-term paths that have held up historically are full registration under existing securities law, a clearly defined exemption, or protocol structures that remove discretionary control altogether.

Solana Mobile has opened SKR claims for Seeker users and eligible developers, with about 2 billion tokens allocated. The token supports staking, governance, app discovery, and broader Seeker ecosystem activity.

Vercel suffered a security breach allowing attackers to access API keys and backend settings; unverified forum listings claim $2M data sale. Orca and other apps rotated deployment keys. Vercel says sensitive environment variables were not compromised.

The global crypto market rose 0.3% to $2.26 trillion on June 13. Bitcoin held at $63,600.08, Ethereum traded at $1,666.97, and the Fear & Greed Index stayed deep in Extreme Fear at 13.

Vercel traced a breach to an OAuth weakness tied to third-party AI tool Context.ai. Orca has rotated all deployment credentials, raising fresh concerns over Web3 front-end infrastructure and environment variable exposure.