Cryptocurrency

2671 items in section

Fireblocks-Linked Wallet Moves $30 Million in USD1 to Binance

A Solana-based wallet tagged as Fireblocks Custody transferred $30 million worth of USD1 tokens to Binance over a 15-hour window, according to data from Onchain Lens. This latest movement follows a series of deposits totaling nearly $100 million from the same address, fueling speculation regarding the stablecoin's liquidity movements.

Cronos Suspends Operations Following $75 Million Tectonic Exploit

Cronos validators abruptly halted block production on August 30 after a sophisticated exploit targeted the Tectonic lending protocol. Independent researchers estimate the breach siphoned approximately $75 million in assets, though the protocol has yet to issue a formal technical post-mortem or a concrete recovery timeline for affected users.

Russia’s regulated crypto market eyes $46 billion debut

Regulated cryptocurrency trading in Russia is projected to reach up to four trillion rubles, or roughly $46.43 billion, during its first year of operation. SberCIB Investment Research suggests this volume accounts for one-fifth of the nation's current annual crypto transaction activity as new licensing frameworks take hold.

Ninth Circuit Ruling Deals Blow to Kalshi’s Federal Preemption Strategy

A federal appeals court has denied Kalshi’s attempt to block Nevada’s oversight of sports-event contracts, ruling that the platform’s derivatives likely function as gambling rather than swaps. The unanimous decision forces Kalshi to face state-level gaming enforcement while casting a shadow over the Commodity Futures Trading Commission’s regulatory authority.

Stablecoin card spending hits $10.9 billion milestone

Cumulative spending via stablecoin-linked cards has surpassed $10.9 billion, a milestone underscored by a record-breaking July 2026 that saw monthly volume exceed $1 billion for the first time. The surge highlights a shift in how digital assets are used for everyday retail transactions through conventional card networks.

Ripple Pledges $300,000 for Nepal and Tibet Flood Relief

With the death toll climbing to 750 and thousands still missing following a catastrophic glacier collapse, Ripple has committed $300,000 to emergency relief efforts. The San Francisco-based blockchain firm is directing funds to World Central Kitchen and Mercy Corps to address the immediate humanitarian crisis across Nepal and Tibet.

Ripple recruits LME treasury veteran for tokenization push

After a decade overseeing treasury operations at the London Metal Exchange, Joseph Thompson is shifting his focus to digital assets. His move to Ripple’s trading and markets team signals a strategic expansion into tokenization, leveraging his deep expertise in liquidity, collateral risk, and institutional clearing to bolster the firm's infrastructure.

Bitcoin Realized Cap Surges by $4.6 Billion as Liquidity Returns

Bitcoin’s realized capitalization expanded by more than $4.6 billion in the week ending August 30, marking the strongest short-term movement since the current bear market began. This influx coincided with a sharp recovery for the cryptocurrency, which climbed above $81,200 before stabilizing near the $78,000 threshold.

Solana sets September 9 for Transaction V1 rollout

Solana Foundation Vice President of Technology Jacob Creech has outlined a series of technical milestones for the blockchain, confirming the activation of Transaction V1 for September 9. This upgrade will significantly expand the network’s transaction capacity, while separate initiatives for rent reduction and consensus improvements move forward.

Luke Dashjr departs Bitcoin mining pool OCEAN

Luke Dashjr has resigned as chairman, chief technology officer, and director of the Bitcoin mining pool OCEAN. The split, finalized on August 29, follows a mutual agreement with parent company Mummolin Inc. to buy back all of Dashjr’s equity, effectively ending his ownership and leadership role within the firm.

Vietnam Clears Five Crypto Exchange Applicants for Initial Review

Five firms have moved past the initial assessment stage of Vietnam’s five-year digital asset pilot program, signaling the first concrete step toward regulatory oversight. While the State Securities Commission has acknowledged this progress, authorities have yet to issue a final operating license or disclose the identities of the candidate companies.

Matt Damon to Headline Ripple Swell 2026 in New York

Academy Award winner and Water.org co-founder Matt Damon will take the stage as a keynote speaker at Ripple Swell 2026. The conference is scheduled for October 27–29 at The Shed in Manhattan, marking a significant convergence of traditional finance, humanitarian efforts, and blockchain technology.

Coinbase to Remove BADGER and STORJ From Trading Platforms

Coinbase will terminate trading support for Badger DAO (BADGER) and Storj (STORJ) on September 28, 2026. The exchange, which initiated the delisting process by shifting both assets into a restricted limit-only mode, cited internal reviews of its listing standards as the primary driver for the decision.

Real Trump Coins distances itself from GOLD token crash

The company behind licensed Trump-themed merchandise has disavowed the Solana-based GOLD token after a promotional campaign on its official social media channels triggered a massive market collapse. The firm claims third-party actors hijacked its accounts to shill the asset, which lost 99% of its value in minutes.

BIS Chief Skeptical of Stablecoins as Scalable Payment Method

Stablecoins fail to function as a credible, large-scale payment method, according to Bank for International Settlements General Manager Pablo Hernández de Cos. Speaking at the Federal Reserve’s Jackson Hole symposium, he argued that tokenized bank deposits offer a superior path for digital finance by remaining anchored to central bank money.

Tokenized Stock Volume Surges to $29.5 Billion on Base

Tokenized stock transfer volume skyrocketed by 415% over the 30 days ending August 29, hitting a record $29.5 billion. This surge coincides with Coinbase’s strategic expansion into real-world assets, as the exchange introduced four equity tokens on its Base network, signaling a shift in how traditional securities circulate onchain.

Sberbank Prepares to Accept Ethereum and Tether as Loan Collateral

Sberbank aims to broaden its crypto-backed lending portfolio by accepting Bitcoin, Ethereum, and Tether’s USDT as collateral. Deputy Chairman Anatoly Popov confirmed the bank's intent to integrate these digital assets once the Bank of Russia grants formal approval for their public circulation within the country's developing regulatory framework.

Bitcoin Rally Shifts as ETF Inflows Meet Institutional Hesitation

Bitcoin’s sharp climb from $63,500 to over $80,000 recently drew its strength from spot market buying and short covering rather than speculative leverage. However, a cooling trend in institutional demand, highlighted by a sudden $201.9 million outflow from U.S. spot ETFs, now puts that foundation to a critical test.

UK Police Seize $1.4 Million in Darknet-Linked Crypto Assets

Avon and Somerset Police have recovered 20.21 Bitcoin and additional assets valued at over $1.4 million, successfully tracing funds linked to illicit darknet marketplaces that operated between 2016 and 2019. The forfeiture, finalized earlier this year, marks the force's largest recovery since new crypto-freezing powers were enacted in 2024.

Solana Token GOLD Collapses 99% After Trump-Linked Promotion

The GOLD token plummeted 99% from its peak after a cluster of wallets controlling over 82% of the supply liquidated their holdings for approximately $1.01 million. The crash occurred within seconds of a promotional post on X, mirroring a pattern of rapid-fire market manipulation often observed in the meme coin sector.

Hyperliquid Gains First Builder-Deployed Outcome Exchange

Hyperliquid has recorded the first deployment of an outcome-based decentralized exchange under the moniker OUT, utilizing the network’s HIP-4 framework. The transaction confirms the creation of the market via on-chain records, marking a milestone for the protocol's permissionless market expansion, though live trading status remains unverified.

Interpol Targets West African Crime Networks in Global Crypto Crackdown

Operation Jackal IV has dismantled cross-border financial crime networks, resulting in 58 arrests and the seizure of $2.67 million. Spanning 22 countries, the eight-month initiative targeted West African organized crime groups utilizing romance scams, fake cryptocurrency investments, and sophisticated money laundering schemes to exploit victims globally.

US Secures 55% Output Share in Venezuelan Oil Venture

President Donald Trump has announced a deal granting the United States a 55% effective output share in a new venture controlling 65 billion barrels of Venezuelan crude. Negotiated by Secretary of State Marco Rubio and Defense Secretary Pete Hegseth, the pact aims to replenish U.S. reserves and stabilize domestic fuel costs.

New Fund Filings Expand XRP Investment Options in the US

Recent U.S. regulatory filings have surfaced for three distinct XRP-linked exchange-traded products, underscoring a broader push to integrate the token into diversified financial portfolios. While these documents from ProShares and Morningstar Funds Trust signal growing institutional interest, they remain separate from the established spot ETF market.

NFT Market Volume Plummets 45% as Trading Activity Widens

Global NFT sales dropped 44.7% to $63.33 million over the past week, even as the market witnessed a surge in unique user participation. While total transaction volume contracted to 802,330, the number of active buyer and seller addresses climbed significantly, suggesting a shift toward broader but lower-value market activity.

Crypto Startups Secure $184 Million in Weekly Funding Surge

Eight blockchain-focused projects captured $184.1 million in new capital between August 22 and August 28, a period defined by heavy institutional interest in market infrastructure and tokenization. RQD* Clearing and Fasset led the activity, together accounting for nearly $142 million of the total disclosed financing across the industry.

Cardone Capital scales hybrid real estate and Bitcoin strategy

Grant Cardone’s investment firm has expanded its unconventional portfolio by adding 1,200 Bitcoin and 2,000 multifamily residential units. By funneling rental income into regular cryptocurrency purchases, the firm aims to accumulate 10,000 BTC across specialized private funds, doubling down on a model that blends tangible property with volatile digital assets.

SEC Seeks to Align EU Debt Futures Under CFTC Oversight

The U.S. Securities and Exchange Commission has proposed an amendment to Rule 3a12-8, seeking to categorize European Union debt alongside sovereign securities. This shift would allow futures tied to EU debt to fall under the exclusive jurisdiction of the Commodity Futures Trading Commission, bridging a long-standing regulatory gap.

Ninth Circuit Ruling Leaves Kalshi’s Sports Betting Model Exposed

A three-judge panel of the U.S. Court of Appeals for the Ninth Circuit has cleared the way for Nevada regulators to enforce state gambling laws against Kalshi, rejecting the firm’s argument that its sports event contracts are federally regulated swaps exempt from local oversight.

Bullish Backs USD.AI with $100M Facility for GPU-Backed Loans

Bullish has committed a $100 million stablecoin debt facility to USD.AI, providing the protocol with capital to finance high-performance computing hardware. The deal marks a strategic push by the exchange operator to expand its exposure to real-world assets by funding infrastructure operators through non-recourse, hardware-secured loans.