Odaily Planet Daily reports that GOLD, a Solana-based meme coin, has posted an extraordinary intraday rally of more than 920-fold. According to GMGN market data, the token's market capitalization quickly broke through $41 million and now stands at approximately $47.8 million, reflecting a dramatic move within a single trading session. The project's official introduction describes GOLD as operating under the 'Trump Digital Gold' narrative, claiming to be a crypto project launched by the Trump Foundation. It merges gold's value-based storytelling with blockchain concepts, although no further details have been disclosed. Odaily emphasized that the actual connection between the project and Trump or his affiliated organizations still requires confirmation. The outlet also cautioned that meme coin prices tend to fluctuate sharply, and the authenticity of the narrative has yet to be verified. Investors are advised to pay close attention to trading risks and treat the token with caution until more information emerges.

Ethena Foundation said it has bought out locked ENA held by early investors who had sold tokens after the market peak on Oct. 10, 2025, while also sending a fee-switch proposal for ENA buybacks to tokenholders for a vote on Thursday. The two steps were framed by Ethena as answers to what it called the project’s two standing doubts. ENA climbed about 16% in the hours after the announcement to roughly $0.17, extending a weekly gain of about 70%. The repurchases were executed over the counter during the past two weeks and applied to investors originally allocated more than 0.25% of supply who sold any ENA after the peak. Ethena said one wallet declined to participate because it remains convinced about the project, while investors who had not sold were offered a repurchase at par and none accepted. The remaining investor tokens are set to unlock in a single batch on Oct. 5, ending the monthly unlock schedule, while team tokens remain on their original vesting. The proposed buyback framework is not active at current scale. Ethena said buybacks would be funded by 95% of net revenue paid to the Foundation, but the revenue diversion only starts once USDe supply reaches $7.5 billion. With USDe at about $4.04 billion, Blockworks Advisory said the schedule currently allocates nothing.

U.S. spot Ethereum exchange-traded funds posted their strongest session in 10 months on Thursday, bringing in $225.8 million and extending a net inflow streak to nine straight trading days. Data from Farside Investors shows the run began on August 17 and has now totaled $1.42 billion, with BlackRock’s ETHA accounting for $1.02 billion, or 72% of the category total. Fidelity’s FETH ranked second during the stretch and logged its best day of the run on Thursday at $56.2 million, while BlackRock’s staked Ethereum product ETHB added another $20.7 million. The latest figures also brought Ethereum ETF demand close to Bitcoin ETF flows: U.S. spot Bitcoin ETFs took in $242.3 million on Thursday, only $16.5 million more than their Ethereum counterparts. Bitwise Europe senior research associate Max Shannon said the buying appears to be coming from outside crypto and was likely tied to a rise in cross-asset risk appetite in traditional markets. He also pointed to Ethereum trading near its 200-week moving average, a level he called important for short- to medium-term momentum, while warning that ETF inflows alone may not be enough without a pickup in spot trading volume.

Moonwell lost about $8.7 million on Base on Thursday after an attacker used a route that did not enforce the protocol’s MAMO supply cap, according to onchain records cited by Unchained. Security firms CertiK and Blockaid linked the incident to price manipulation involving MAMO, a thinly traded token accepted by Moonwell as collateral, while PeckShield estimated the loss at $8.7 million. The attacker first used Moonwell’s standard deposit flow to supply 7.1 million MAMO at 09:12:59 UTC, receiving 346 million shares. Minutes later, the same address stopped minting shares and instead sent 34,910,397 MAMO directly to the market contract at 09:19:59 UTC, followed 70 seconds later by another 18,482,894 MAMO. Those transfers each consumed 120,017 gas, emitted only two events, and created no new shares. Because Moonwell uses Compound v2 logic, adding tokens to the pool without increasing shares raised the stored exchange rate from 0.0205 to 0.0755, about 3.7x. That made the attacker’s 346 million shares worth roughly 26 million MAMO on paper, allowing loans against inflated collateral in cbBTC, USDC, and wstETH. Moonwell said it is investigating and has set borrow caps for all Core Markets on Base to 1 wei, freezing new borrowing across those markets.

US banking regulators plan to narrow their enforcement focus to financial risk, according to the Financial Times. Techub News carried the report. The shift is described as a move to direct enforcement resources toward core financial stability issues. No implementation timetable was disclosed. No specific regulatory agency names were disclosed. The report thus says little about how the narrower focus would work, where it would be applied, or what would be downplayed. The Financial Times is the named source behind the report; Techub News summarized the item. The confirmed facts are limited to the intended direction: enforcement attention is to be narrowed to financial risk, and resources are to be concentrated on financial stability. Beyond that, the report does not supply timing or agency details. It functions as a brief supervisory-policy update rather than a detailed program announcement. The summarized version contains no added data, quotes, or market references. That leaves the scope of the change open, with the only concrete takeaway being the reported plan itself: banking regulators intend to shift enforcement priorities toward financial risk and core financial stability. The item ends without additional context or follow-up details.

Changpeng Zhao, better known as CZ, used a Hong Kong book event for his new title, Freedom of Money, to answer 15 audience questions on prison, Binance, investing, hiring, regulation and where he thinks crypto is heading next. He said the book began in jail and was written in English largely in his own words after he rejected outside rewrites that no longer sounded like him. Zhao also revisited one of the most discussed decisions of his life, selling his home to buy BTC, framing it as a mix of conviction in a broad technology track and a personal risk floor: even if Bitcoin went to zero, he believed he could still return to a six-figure Wall Street job. Across the session, Zhao said his most stressful stretch was not prison or the $4.3 billion headline associated with Binance, but the weeks after the ICO when BNB traded below its issue price and tens of thousands of buyers were exposed. He said that, if he could redo Binance, he would put compliance first and block U.S. users from the start. On markets, he said he had underestimated the speed of real-world asset tokenization, described stablecoins as a form of RWA, and said a four-year crypto cycle still fits because painful memories fade after about two years. He also warned founders not to push AI-generated code straight into production in crypto, where a single unaudited bug can wipe out millions or tens of millions.

Bitget has launched the 2026 King’s Cup Global Invitational, or KCGI, with a total prize pool of 3 million USDT and a broader format that now extends beyond crypto-only trading. For the first time, the exchange is bringing together crypto futures, TradFi perpetual contracts, and tokenized U.S. equities in one flagship tournament. Participants will compete across more than 600 crypto contract pairs, TradFi perpetual markets tied to stocks, commodities, and precious metals, and spot rTokens representing tokenized U.S. shares, with performance aggregated into a unified profit-and-loss leaderboard. The UEX Arena sits at the center of the event, allocating 2 million USDT across five rankings, including team profit, crypto contract volume, TradFi perpetual contract volume, rToken volume, and individual profit. Registration opened on Aug. 26, while team and individual competitions will run from Sept. 9 to Sept. 22. Final results are scheduled for Sept. 23-24, followed by a live awards ceremony on Sept. 25. The event, according to Bitget, also aligns with its 2026 Universal Exchange strategy.

Goldman Sachs strategist Rich Privorotsky said on Aug. 28 that oil price moves may matter more to markets than the Jackson Hole symposium. In Goldman’s view, investors may be paying too much attention to Waller’s upcoming remarks while underestimating how oil feeds into inflation and broader financial conditions. The bank said a pullback in oil prices could lower inflation expectations, ease pressure on consumers, and push long-dated U.S. Treasury yields lower. That, in turn, would reduce valuation pressure on equities and support risk assets. Privorotsky added that this year’s Jackson Hole gathering is unlikely to become a major event risk unless Waller’s comments clearly depart from his previously stated policy stance. The note frames oil as a more immediate variable for markets than the symposium itself, at least under current conditions described by Goldman.