Bitcoin rebounded from a $63,200 support floor on Aug. 12, climbing back toward $64,130 after a sharp liquidation of leveraged positions. The recovery comes as investors trim risk in anticipation of the latest U.S. Consumer Price Index report, which is expected to influence Federal Reserve interest rate policy.
Binance and RedotPay are locked in a public dispute regarding the status of their ongoing litigation in Singapore. While RedotPay claims that proceedings initiated after an August 7 court hearing are being discontinued, the exchange insists its legal challenge remains active and that it has notified the court accordingly.
Fidelity Investments has filed to integrate Ethereum staking into its $898 million Fidelity Ethereum Fund, a move designed to generate quarterly cash distributions for shareholders. The proposed amendment allows the trust to stake up to 100% of its holdings, marking a significant shift in the fund's operational strategy.
A coalition of major cryptocurrency firms and industry organizations is pressuring frontier AI labs to grant vetted open-source developers privileged access to their most advanced models. The Bitcoin Policy Institute warns that without such tools, those securing global financial infrastructure are falling behind increasingly sophisticated, AI-equipped attackers.
A consortium led by NOBO Finance, Dun & Bradstreet, and Polygon Labs has joined the second phase of the Bank of England’s Digital Pound Lab, aiming to streamline cross-border trade finance for small and medium-sized enterprises by integrating stablecoin payments with experimental digital currency settlement.
FlightAware has voluntarily dismissed its lawsuit against prediction market operator Kalshi just 24 hours after accusing the firm of unauthorized data usage. The rapid withdrawal follows Kalshi’s decision to scrub direct references to the tracking company from its platform, signaling a likely private resolution to the high-stakes branding dispute.
A critical flaw in deposit verification logic allowed attackers to drain 198,715.88 XRP from the tx XRPL bridge reserve on August 9. The exploit, which involved fabricating phantom deposits to trigger unbacked minting, has forced the project to suspend operations while the team coordinates with the FBI to trace the stolen funds.
By bypassing the U.S. dollar as an intermediary, Japan’s SBI Digital Practice and South Korea’s Nodeinfra are building a cross-border payment network designed to settle yen and won transactions simultaneously. The initiative, dubbed Project Musubi, utilizes the Canton Network to eliminate the settlement risks inherent in traditional sequential exchange processes.
Current quantum computers lack the scale and reliability required to compromise the cryptographic foundations of Bitcoin and Ethereum, according to Binance Chief Security Officer Jimmy Su. While the technology poses no present danger to digital assets, the industry must begin preparing for a post-quantum transition before vulnerabilities emerge.
The Australian Securities and Investments Commission has shuttered multiple websites linked to the crypto exchange Yepbit. The move follows reports from investors unable to retrieve their funds, coupled with allegations that the platform falsely blamed the regulator for the platform-imposed withdrawal freeze.
Crypto.com has launched a suite of tokenized derivatives tracking 1,500 U.S. stocks and ETFs, enabling eligible users in the European Economic Area to trade synthetic equity exposure 24/7. The service allows for fractional positions starting at $1, bypassing traditional market hours while utilizing Alpaca as a custodial partner.
With a massive 2,455-Bitcoin acquisition finalized, the Swedish firm H100 Group has appointed market veteran Peter C. Warren as chief investment officer. The move integrates Warren’s existing derivative strategies into the corporate treasury, now totaling 3,506.4 Bitcoin, as the company shifts toward a more active risk-management approach.
Bitwise Asset Management has reduced its global headcount by 14%, leaving approximately 155 employees as the firm navigates a prolonged crypto market slump. The layoffs follow a difficult first half of 2026, during which the firm’s flagship Bitwise 10 Crypto Index Fund saw its net assets decline by 31%.
Onchain analysts tracked 3,881 Bitcoin leaving wallets linked to the Japanese firm Metaplanet on August 12, sparking speculation over the company's treasury strategy. The movement occurred while the asset traded near $63,600, leaving the firm’s massive holdings significantly underwater compared to estimated acquisition costs.
Columbus-based Erebor Bank is closing in on a $1.5 billion capital raise at an $8 billion pre-money valuation. The deal, which would push the lender’s post-money valuation toward $9.5 billion, arrives just six months after the startup secured its national bank charter to serve the U.S. innovation economy.
Ravencoin plummeted to an all-time low of $0.002754 this week after a consensus flaw forced major mining pools to initiate a massive chain reorganization. The technical failure, which began on August 7, leaves three days of network transactions vulnerable to reversal as developers scramble to restore stability.
Ripple has committed to funding New York University Abu Dhabi’s blockchain research program through 2027, deepening a partnership that has already funneled over $1 million into academic projects. The collaboration links global fintech development with localized initiatives, including a blockchain-based trade platform for smallholder farmers in Ghana.
A suspected security breach on the Harmony Layer 1 network has triggered a sharp market sell-off, with analysts reporting the unauthorized creation of four billion ONE tokens. As the project scrambles to coordinate with cryptocurrency exchanges to freeze assets, the token's value has plummeted by roughly 32 percent.
Five digital assets face heightened scrutiny after Binance added them to its Monitoring Tag list on August 11. The exchange signaled that Moonbeam, ICON, Moonriver, SuperRare and Sophon now represent increased volatility risks, leaving them vulnerable to potential delisting if they fail to meet ongoing compliance and performance standards.
The Commodity Futures Trading Commission has invoked emergency federal authority to mandate that prediction market Kalshi continue operations, directly countering a legal offensive from New York State. The agency warns that New York’s attempt to shutter the exchange under local gambling laws threatens to destabilize federally regulated derivatives markets.
Comptroller Jonathan V. Gould confirmed that digital asset firms with compliant business models now have a clear path into the U.S. national banking system. Following a surge of 40 de novo applications over the past 18 months, the agency is actively pushing to reverse a long-standing decline in new bank formation.
Nasdaq has agreed to acquire LeveL Markets, the third-largest U.S. alternative trading system by volume, marking a strategic pivot toward continuous market operations. The deal strengthens the exchange’s footprint in off-exchange liquidity as it prepares to launch a 23-hour weekday trading schedule this December.
Solana users can now convert digital assets into physical currency across 170 countries, following MoneyGram’s integration of its Ramps service into the blockchain’s developer platform. This move grants wallet providers and developers immediate access to a vast retail network, bypassing the need for complex, individual banking partnerships.
Christopher Delgado, the founder of Goliath Ventures, faces simultaneous civil lawsuits from the SEC and CFTC just months after pleading guilty to federal criminal charges. The regulators allege that Delgado orchestrated a massive scheme, siphoning millions from thousands of investors to fund a lavish lifestyle of yachts and luxury vehicles.
Coinbase has received regulatory approval from the Abu Dhabi Global Market to arrange investment deals and provide custody services for tokenized securities. The exchange intends to use the emirate as its primary international base for issuing digital assets that grant holders direct shareholder rights, including dividends and voting capabilities.
Chicago Fed President Austan Goolsbee has signaled that persistent inflation remains the primary threat to the U.S. economy, distancing the central bank’s focus from recent labor market cooling. His stance highlights a deepening divide among policymakers over whether to hike rates from the current 3.50%–3.75% range.
Cole Villemain, the former Pudgy Penguins co-founder, generated nearly $1.28 million in under an hour by launching the Spritehood NFT collection on the recently debuted Robinhood Chain. The rapid minting process saw 42,956 tokens sold across two price tiers, though the project remains shrouded in technical opacity.
Itaú Unibanco, Latin America's largest bank by market value, has officially joined a collaborative pilot led by the Brazilian Financial and Capital Markets Association. The program brings together over 50 institutions to stress-test the issuance, trading, and settlement of tokenized fixed-income securities and investment funds on blockchain infrastructure.
As demand for its decentralized storage services climbs, CT3 is laying the groundwork for the public debut of its CT3GB token. The company is currently scaling its physical storage network and retooling its smart contract architecture to ensure the asset can serve as the primary settlement layer for its entire ecosystem.
Dubai’s Virtual Assets Regulatory Authority has granted Flowdesk Omega FZE a full broker-dealer license, clearing the firm to provide regulated crypto services to institutional and qualified investors. This milestone completes a multi-stage application process that began with in-principle approval in June 2026, solidifying the company's footprint in the emirate.
