BlackRock completed eight consecutive purchases totaling 27,722 BTC and 385,633 ETH, valued at about $3.16B onchain. The buys include roughly $2.2B in bitcoin and $961M in ether, adding to its spot crypto exposure via its IBIT and ETHA funds.

Arkham data shows Binance carried out two internal SHIB transfers totaling 3.09 trillion tokens, worth about $16.46 million, within roughly 60 seconds as part of updates to its cold storage framework. The moves shifted 1.099 trillion SHIB followed by 2 trillion SHIB between Binance wallets.

Moonwell suffered an estimated $8.7 million loss after an attacker allegedly manipulated the price of MAMO used as collateral, according to blockchain security firm PeckShield. PeckShield said the stolen funds—denominated in DAI—were traced to an Ethereum address beginning with 0xD71d. The incident occurred on Aug. 27 on Base, where Moonwell's lending markets operate. Moonwell moved quickly to curb further risk, cutting borrowing caps across its Base Core Markets to 1 wei—effectively halting new borrowing while the team investigates. Supply caps for MAMO and the WELL governance token were also reduced to 1 wei, while other supply caps were left unchanged. Moonwell said additional updates would follow. Blockaid's initial review flagged 50.6 cbBTC leaving the protocol, valued at more than $4 million, noting that the figure did not capture all affected lending markets. Researchers said the attacker inflated MAMO's quoted value in thin markets and then used the overvalued collateral to borrow assets including cbBTC, USDC, wstETH and ETH, later consolidating the proceeds on Ethereum. The episode appears to center on price manipulation rather than a direct compromise of Moonwell's core smart contracts. Investigators said Moonwell's oracle reflected the higher MAMO price, increasing borrowing capacity beyond what the token's real liquidity could support. The $8.7 million figure is a preliminary estimate and may change depending on recoveries and any remaining collateral value. The exploit follows earlier oracle-related issues at Moonwell. A wrsETH oracle malfunction in November 2025 reportedly led to about $3.7 million in bad debt, while a cbETH pricing misconfiguration added $1.78 million in February 2026. Separately, Term Finance vaults were estimated to have lost $8.5 million in a governance attack on Aug. 23. Term Labs subsequently closed Meta Vaults to new deposits and removed their DAO governance roles. Market reaction: MAMO was down 11.01% over the past 24 hours to $0.00929 at the time of reporting. Disclaimer: This content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making financial decisions.

PANews, Aug. 27 — The Ethena Foundation said it is implementing four changes across the Ethena ecosystem. The measures include buying back locked tokens held by early investors, tightening the linkage between token and equity value, preparing a governance proposal for income-backed ENA buybacks, and ending future monthly VC token unlocks. The Foundation stated it has repurchased all locked tokens from key seed investors who sold ENA over the past nine months. On aligning token and equity value, the Foundation and Ethena Labs have signed a Master Framework Agreement under which all intellectual property and value created through the arrangement will be owned exclusively by the Foundation and governed by ENA holders. Under the new structure, equity investors in Ethena Labs will no longer be entitled to residual cash flows.

Huoxing Finance cited Santiment Intelligence data showing that since June 3, total ETH held on exchanges has fallen from about 7.69 million to roughly 6.28 million, a decline of around 1.41 million ETH, or 18%. Since Aug. 19 alone, another 275,000 ETH have left exchanges, taking balances to the lowest level in the period covered. Over the same timeframe, BTC balances on exchanges rose by about 0.25%, sitting near the upper end of their recent range. Santiment said the drawdown in exchange-held ETH has persisted even as prices climbed: since Aug. 16, ETH has gained roughly 27% while sizable amounts of ETH continued to be withdrawn from exchanges.

Aug. 27 — Huo Xing Finance cited Lookonchain data showing BlackRock has purchased large amounts of Bitcoin and Ether for eight consecutive trading days. Over that span, BlackRock accumulated 27,722 BTC (about $2.2 billion) and 385,633 ETH (about $961 million), bringing the combined total to roughly $3.161 billion.

The Ethena Foundation unveiled four major ecosystem updates. First, the Foundation said it has bought out all locked tokens held by certain large seed investors that sold any ENA over the past nine months. Second, the Foundation and Ethena Labs have entered into a Master Framework Agreement. Under the arrangement, IP and ownership of value accrued by the protocol will be assigned exclusively to the Foundation and governed by token holders, with no residual cash flow owed to equity investors in the Ethena Labs entity. Third, a governance proposal is now live to implement the fee switch. If approved, net revenue generated across Ethena-branded business lines will be used programmatically to buy back ENA. Fourth, the Foundation and lead investors agreed to remove future overhang tied to monthly VC unlocks by releasing unvested tokens. Team tokens will remain locked under the original vesting schedules.

Ethena, the stablecoin protocol, has unveiled four ecosystem changes covering token repurchases, governance and revenue use, and updates to investor unlock terms. First, the Ethena Foundation said it has already repurchased a portion of locked ENA from certain large seed-round investors who sold ENA over the last nine months. Second, the Foundation disclosed it has signed a master framework agreement with Ethena Labs that transfers ownership of all intellectual property and protocol-generated value to the Foundation, which is governed by ENA holders. The stated goal is to ensure any protocol value accretion does not translate into residual cash flows to Labs' equity investors. Third, a governance proposal to activate the "fee switch" is now live. It would direct net revenue across Ethena's business lines to an automated ENA buyback program. The proposal has been approved by the Risk Committee. Finally, Ethena said it is canceling the monthly token unlock schedule for future VC investors to remove market concerns about ongoing sell pressure from newly released, unvested tokens. Team tokens will continue to follow the original lockup and vesting timeline. Ethena said the package is intended to tighten alignment between the ENA token and the protocol's underlying value.

BlackRock has continued to add to its crypto holdings, buying Bitcoin and Ether for eight consecutive trading days, according to Lookonchain data cited by Odaily Planet Daily. Over the period, the firm accumulated 27,700 BTC valued at about $2.2 billion and 385,600 ETH worth roughly $961 million.