Cryptocurrency

2671 items in section

Bitcoin’s Recovery Proves Brandt’s Price Target Correct

Veteran trader Peter Brandt faced skepticism after Bitcoin climbed toward $76,600, with critics arguing his earlier $58,000 to $62,000 forecast had failed. Yet, data confirms the price reached that specific zone in July 2026, validating the target despite the inaccuracies in Brandt’s original two-week timeline for the move.

Anonymous Bitcoin user hides private key puzzle in Genesis Block data

An unidentified user embedded a 255-byte message into block 963,629 on August 22, claiming to have derived a private key from the data within Satoshi Nakamoto’s original Genesis Block. The transaction, identified by Galaxy Research, invites the public to solve a security puzzle based on notoriously low-entropy inputs.

Upbit Trading Volume Spikes to 1.15 Trillion Won Amid Flash Crash

A volatile hour of trading on August 22 saw South Korea’s Upbit exchange process 1.15 trillion won, roughly $830 million, as a market-wide liquidation event sent prices tumbling. The surge in activity underscored a frantic period of repositioning for retail investors across the region’s largest cryptocurrency platform.

Ripple CEO Claims Regulatory Breakthrough Amid Washington Policy Push

Following a series of high-level meetings in Washington, Ripple CEO Brad Garlinghouse declared the United States closer than ever to establishing definitive cryptocurrency regulations. While the industry pushes for legislative certainty, the path to a durable federal framework remains tethered to a high-stakes Senate vote scheduled for mid-September.

Zondacrypto Collapse Sparks Fraud Probe as Leadership Remains Absent

Polish prosecutors are investigating the collapse of the Zondacrypto exchange, where thousands of users remain locked out of accounts following a sudden website shutdown in April 2026. With losses exceeding 350 million zlotys, the case hinges on the whereabouts of two key figures: a founder missing for years and a successor currently abroad.

XRP ETF Inflows Surge Past $1.55 Billion Amid Market Rebound

Institutional appetite for XRP is heating up, with US spot ETFs logging $1.552 billion in cumulative inflows as of August 21. A single-day injection of $18.38 million—led largely by Bitwise—has bolstered market confidence, pushing the asset to a recent high of $1.70 and fueling speculation of a climb toward $2.00.

South Korea Overhauls Digital Finance for Institutional Crypto Access

South Korea is shifting its digital-finance landscape by launching a pilot program for corporate crypto accounts, formalizing tokenized securities, and expanding central bank trials for deposit tokens. This three-pronged effort signals a move toward institutional adoption, effectively ending years of restricted access for domestic firms.

Strategy’s preferred stock remains trapped below par despite Bitcoin rally

Strategy’s STRC preferred shares are struggling to regain their $100 stated value, lingering at $95.31 even as Bitcoin climbs above $77,000. This persistent discount has drawn sharp criticism from Multicoin Capital co-founder Tushar Jain, who argues the current 12% dividend fails to offset the security's significant drawdown risks.

MANTRA Chain Restarts After 30-Hour Security Halt

MANTRA Chain resumed block production at 5:30 a.m. UTC on Aug. 22, ending a 30-hour suspension triggered by a vulnerability in its Cosmos-EVM module. Developers deployed a patch via version 8.4.0 to secure the network, confirming that user balances remained untouched throughout the incident.

The Sandbox Contains Bridge Exploit After Unauthorized Token Minting

The Sandbox has secured its cross-chain bridge following a vulnerability that allowed an attacker to mint unbacked SAND tokens on the Base and BNB Smart Chain networks. While early reports of massive minting caused alarm, the project confirmed the actual financial impact remains below 0.01% of the total token supply.

NFT Market Volume Surges to $95.5M as Pandora Distorts Data

The NFT market reported $95.48 million in weekly sales, marking a 170% increase that masks a more fragmented reality. A single $55.03 million transaction tied to the experimental Pandora project accounted for the majority of this growth, decoupling the headline figure from broader trends in digital collectibles.

Crypto Financing Reaches $1.3 Billion Amid Diverse Capital Inflows

Between August 16 and August 22, 2026, six crypto and blockchain transactions accounted for roughly $1.298 billion in new financing. While headlined by a massive noncash token contribution for ZeroStack and a significant debt offering from Ripple Prime, the week also saw targeted early-stage investment into AI trading and privacy infrastructure.

South Korea Launches AI-Powered Crypto Market Oversight

South Korea’s Financial Supervisory Service has deployed a real-time AI system designed to detect crypto price manipulation by scanning trading data, news, and social media. The platform automates the identification of suspicious patterns, aiming to streamline investigations that previously required manual review of massive exchange datasets.

MUBARAK Surges 26% as BNB Chain Meme Rally Intensifies

MUBARAK climbed 26.1% to $0.0266 during a period of renewed speculative interest in BNB Chain meme tokens. The move coincides with a $200,000 network-wide trading campaign designed to boost activity across the ecosystem, pushing daily volume for the asset to $42.36 million—nearly double its total market capitalization.

Bitcoin and Ether ETFs Surge with $2.6 Billion Weekly Inflow

U.S.-listed spot Bitcoin and Ether exchange-traded funds recorded their strongest weekly performance since October 2025, pulling in $2.61 billion in capital. This sharp reversal follows a period of stagnation, signaling renewed institutional appetite as both underlying digital assets broke through significant technical resistance levels during the five-day trading window.

Canton Network to Power US Benefits Pilot Program

Three US states are slated to pilot the Resources for Independence, Stability, and Employment (RISE) program in early 2027, utilizing the Canton Network to consolidate fragmented government benefits into streamlined, rules-based payments while maintaining strict data privacy protocols for recipients.

Bitget CEO: US Bitcoin Reserve unlikely to see active federal buying

The prospect of the U.S. government entering the open market to purchase Bitcoin for its strategic reserve remains near zero under the current administration. While the reserve exists, Bitget CEO Gracy Chen warns that significant policy hurdles and funding constraints prevent active acquisition programs before President Trump leaves office.

Ray Dalio Urges Shift to Gold and Bitcoin as U.S. Debt Hits $40 Trillion

As U.S. federal debt breached the $40 trillion threshold this week, billionaire investor Ray Dalio has renewed his call for investors to reduce exposure to traditional bonds. Instead, the Bridgewater Associates founder suggests prioritizing gold and a modest allocation to Bitcoin to hedge against potential fiscal instability.

Galaxy Research: SEC Reg Crypto Could End Token Legal Ambiguity

The SEC’s proposed Reg Crypto framework offers a formal exit path for hundreds of existing digital assets, potentially resolving years of legal uncertainty regarding their status as investment contracts. Galaxy Research suggests this transition process may prove more impactful for the industry than the proposal's new fundraising exemptions.

Tom Lee tips Ethereum to outpace Bitcoin on AI and tokenization

BitMine Chairman Tom Lee has identified BMNR as the primary US-listed proxy for Ethereum, citing an 80% correlation between the stock and the asset. Lee argues that emerging demand from Wall Street tokenization and AI-driven blockchain agents will propel Ethereum to outperform Bitcoin in the current market cycle.

Kraken-branded testnet deployment sparks speculation on Hyperliquid

A testnet deployment on Hyperliquid named "Kraken HIP-3 test DEX" has begun experimenting with permissioned market controls, fueling rumors that the exchange may be exploring regulated perpetual trading. While the deployment shows active wallet whitelisting and position management, neither Kraken nor Hyperliquid has confirmed an official partnership.

Uniswap Stock-Token Trading on Robinhood Chain Hits $1 Billion Milestone

Cumulative trading volume for tokenized stocks on the Robinhood Chain has reached $1 billion, marking a significant step for decentralized equity markets. Protocol founder Hayden Adams celebrated the milestone, projecting that volume for these assets could eventually scale to $1 trillion despite ongoing restrictions for U.S.-based investors.

AVAX One CEO Defends Strategy Amid $35 Million Quarterly Loss

AVAX One interim CEO Pete Wylie is pushing back against the firm’s $35.1 million second-quarter loss, arguing that the figure is distorted by $33 million in non-cash charges. Wylie maintains that the company’s core staking and digital infrastructure operations remain on a growth trajectory despite the impact of declining token valuations.

ZK Proving Hits GPU Bottleneck as AI Consumes Compute Supply

Zero-knowledge proving is increasingly locked in a competition for Nvidia hardware with trillion-dollar AI data centers, driving up costs for Ethereum rollups. Cysic CEO Leo Fan warns that the industry’s reliance on GPUs has created a binding constraint, forcing developers to look toward FPGAs and custom ASICs to survive.

Solana Company Challenges Governance Proposals Over Institutional Risks

As voting opens on August 22 for Solana’s inaugural governance proposals, Nasdaq-listed Solana Company has drawn a line in the sand. The firm announced it will back the network's new constitution while actively opposing two economic measures that threaten to shift token issuance schedules and transaction fee models.

XRP Climbs 17% as Ledger Upgrade Gains Institutional Support

XRP surged to an intraday peak of $1.43, marking a 17% gain within 24 hours, as Ripple threw its weight behind the PermissionDelegationV1_1 amendment. This move pushes the proposed XRP Ledger upgrade further into the validator approval process, signaling a push toward more granular, institution-ready account controls.

Besu Patches Five Security Flaws Discovered by CertiK

Ethereum client Besu has addressed five distinct security vulnerabilities identified by researchers at CertiK. The project team released version 26.7.1 on July 27, effectively closing critical gaps in networking, consensus, and RPC interfaces before publishing full technical advisories to prevent potential exploitation of the resource-exhaustion risks.

Standard Chartered suggests Bitcoin may exceed $100,000 year-end target

Following a 24% surge that pushed Bitcoin to $76,844, Standard Chartered is reevaluating its market outlook. Geoff Kendrick, the bank’s global head of digital asset research, now suggests their standing $100,000 year-end forecast may be too conservative as the cryptocurrency eyes a return to its $126,000 record high.

Solana Slashes Slot Time to 350ms in First Step Toward 200ms Goal

Solana has officially reduced its target slot time to 350 milliseconds, marking the first such adjustment since the network’s inception. This change serves as the opening phase of the SIMD-0525 proposal, a multi-stage roadmap designed to accelerate block production and ultimately drive slot durations down to 200ms.

Nomura’s Laser Digital Clears Japan’s Regulatory Hurdle

After a four-year hiatus in new crypto exchange registrations, Japan has approved Nomura-backed Laser Digital to operate within the country. This milestone marks a significant shift as the nation prepares to integrate digital assets into its formal financial-instruments framework, aligning them more closely with traditional securities.