Aug 13 Thursday
Coinglass data shows that if ETH rises above $1,968, cumulative short liquidation intensity across major centralized exchanges would reach $846 million. Conversely, if ETH falls below $1,788, cumulative long liquidation intensity would reach $727 million.
KPMG U.S. examined Tether's books and counted its gold bars during the audit. The company said the financial review of reserves backing USDT is now complete.
The CFTC will convene its Innovation Advisory Committee on Aug. 20 to address regulation of crypto assets, artificial intelligence, and prediction markets. The agency is proceeding alongside the SEC in exploring crypto regulations without the CLARITY bill.
Catcher Predict reported that the 'Yes' option for the $62,500 sub-market in Polymarket's 'Bitcoin August Price Prediction' event surged sharply. The probability jumped from 77.5% to 92.5% within one hour, reflecting market reaction to related breaking news.
A key ratio suggests that forecasts calling for bitcoin to reach $1 million may be overly ambitious. The reasoning is that high yields on long-term U.S. Treasuries make non-yielding assets such as bitcoin less attractive.
Hyperliquid burned 19,750 HYPE tokens worth $1.13 million over the past 24 hours, while generating $1.6 million in protocol fees during the same period, according to Onchain Lens. The cumulative burn has reached 47.67 million HYPE tokens valued at $2.75 billion, representing 4.77% of the 1 billion maximum supply.
Standard Chartered stated that integrating Uniswap with Robinhood Chain could resolve a key challenge facing emerging blockchains. The bank also noted that the integration would accelerate the burning of UNI tokens.
According to Gate market data, the BTC/USDT trading pair is currently at $62,975.4. This marks a 24-hour decline of 0.89%, pushing Bitcoin below the $63,000 level.
Robinhood Ventures Fund II priced its IPO at $25 per share, selling 8 million shares for a total of $225.5 million before expenses. Trading under the ticker RVII is expected to begin on the New York Stock Exchange on Aug. 13, with Goldman Sachs serving as lead bookrunner and Citigroup, J.P. Morgan, UBS Investment Bank and Wells Fargo Securities as joint bookrunners.
Trezor has notified 14,000 customers that their shipping addresses were exposed in a data breach at its fulfilment partner. The company said this is the first time Trezor customers' shipping addresses have been compromised.
KPMG U.S. audited Tether International, S.A. de C.V.'s financial statements for the year ended Dec. 31, 2025, verifying records, transactions, valuations, and physically counting every gold bar held by Tether. Chief Financial Officer Simon McWilliams said the 2025 audited statements show reserves exceeded liabilities by $6.814 billion.
Qubic announced that five of the nine remediation actions committed after the July security incident are now live. The implemented measures include mandatory two-factor authentication, codeowner requirements, least-privilege permissions, and GitHub Advanced Security.
The VeChain VeWorld browser extension upgrade enables users to unlock wallets using passkeys. The feature, available on the Chrome Web Store, is designed to enhance security and user experience.
The new feature automatically routes user requests to models based on GPT or Claude architectures. It provides a 1 million token context window, a rate limit of 600 requests per minute, and a reported 49% cost reduction.
Goldman Sachs has agreed to acquire Neos Investments in a deal valued at up to $2.25 billion. The acquisition will add three cryptocurrency options-income ETFs tied to Bitcoin and Ethereum to Goldman Sachs' product offerings.
Chiliz has integrated Palmeiras' fan token VERDAO with the Solana blockchain, allowing supporters to access it through the Chiliz ecosystem. The move broadens the token's availability to a wider fan base.
The campaign is scheduled to conclude on August 22, with the app opening to users on August 24. Zamica Genesis reports 9,580 followers and 4,600 Galxe community members ahead of the launch.
Sunflower Land has introduced Chapter 15: Ascension Age on the Ronin network. The update adds progression systems, explorable islands, and limited-time rewards available for three months.
Ankr will provide the infrastructure layer on Base for ACME Space's orbital drug manufacturing network. The first mission for the decentralized physical infrastructure network is scheduled for Q1 2027.
Guryca Tomason, founder of ACME, will join Ankr for the session on Monday, August 17 at 11:00 UTC. The Twitter Spaces event will be hosted by Ankr and Tomason.
Glassnode said Bitcoin's muted reaction to July core inflation, which rose 2.5%, signals caution. Bitcoin is trading between $63,000 and $68,700, with spot market volume at its lowest level since 2019.
The CFTC's Innovation Advisory Committee will convene on August 20, with a livestream on the agency's website and public comments accepted until August 27 via Regulations.gov. Chairman Michael S. Selig said the discussions aim to explore how emerging technologies and financial products can advance market development, including digital asset regulation and AI impact.
Publicly traded mining companies cut their combined hashrate by 13.4% while revenue from AI infrastructure increased. Operators are repurposing power and data centers for AI and high-performance computing, though a smaller group of miners continues to expand Bitcoin capacity.
Between July 27 and August 12, Uniswap generated about $244,000 in daily protocol revenue, with all proceeds used to buy back and burn UNI — an annualized burn rate of roughly 4% of the token's 624.2 million circulating supply. Geoff Kendrick, Head of Digital Asset Research at Standard Chartered, called the pace clearly unsustainable even under his $6.5 end-2026 target, while Robinhood Chain contributed about 60% of Uniswap's $1.55 million weekly revenue.
Ethereum Foundation researcher Justin Drake said the shift reflects SNARK design progress, moving from 'SNARK-friendly hashing' to 'hash-friendly SNARKs,' with traditional hashes now proving at 1 million proofs per second and roughly 100x overhead. The foundation's post-quantum team plans to launch production-grade leanVM in 2027 and deploy it across consensus, execution, and data layers by 2028; Drake also cited growing AI cryptanalysis and faster open-source automated research such as SNARK.fast.
According to GMGN data, the BSC meme token utility saw its market cap briefly surpass $9 million and is now around $8 million, up over 900% on the day after Binance co-founder CZ's retweet. Market sources cautioned that meme coin prices are highly volatile and most lack practical use cases, urging investors to protect their assets.
Bullish, the crypto exchange operator, reported second-quarter adjusted EBITDA more than tripled, while subscription and services revenue reached a record high. The company's shares rose approximately 10 percent following the results.
BitMart Co-Founder Terence Lee stated that he had focused on new products and business exploration in recent years and formally withdrew from all company affairs on July 31, 2026. He said he has no authority to handle platform assets, accounts, or user funds, and added that his identification documents and photos were spread along with false information, prompting him to report to law enforcement.
The wallet provider warned that affected users may face phishing attempts following the incident. It said all devices, private keys, and backups remain secure.
Analyst Garrett Jin called the Korean market rebound a wide-range fluctuation, saying KOSPI has entered a technical bull market while foreign investors have not turned long-term and leveraged ETF drag remains. SK Hynix closed up 5.9% at 1,593,000 KRW with profit-taking targets at $1,150 and $1,300; gold rose 7.8% to $4,388 on fading September rate-hike trades, and Bitcoin stayed rangebound between $62,500 support and $65,000-70,000 resistance while SpaceX's remaining unlocks require caution.
Saturn announced a partnership with Ondo to integrate institutional-grade tokenized assets into its STRC structured products. Ondo has also made a strategic investment in Saturn as part of the collaboration.
The US 2-year Treasury yield extended its decline to the lowest level since mid-July, reaching 4.136%, according to Gate market data. The yield fell 6.2 basis points in the latest session.
Bitcoin joined US stocks in modest gains on Wednesday. The move came as July producer price index data continued a cooling trend seen over the past month.
The six-person Turf team spent the past year developing a real-time NFL prediction game that lets users forecast plays and scores while watching live broadcasts. The team has joined Polymarket's US website and app operations, as Polymarket continues recruiting talent for its product, design, and engineering efforts.
The upgrade introduces network improvements including EVM compatibility updates, bug fixes, RPC changes, and security enhancements. CIP-173 is expected to activate on August 26.
EtherFi Cash's existing lending infrastructure can no longer meet demand, prompting deployment of a dedicated Aave V4 instance on Optimism to support its credit card backend. The platform currently has $22 million in active borrowing, expects lending capacity to reach $500 million by 2027, and serves 70,000 cardholders who use cryptocurrency for spending without selling their assets.
B2C2, an institutional crypto liquidity provider, has hired the Schroders Wealth Management Asia chairman. The move is aimed at family offices and asset managers across Asia as the region's crypto wealth grows.
Binance spot data showed significant market volatility, with NIL up 7.78% in 24 hours and rebounding from a low. ATOM, WLD, and MVLLB rose 5.82%, 5.06%, and 6.3% to hit daily highs, while BARD fell 7.24% after an initial spike, AT dropped 12.19% to a daily low, and INTWB and INTCB gained 10.02% and 5.33%.
Circle Senior Director for EU Strategy and Policy Patrick Hansen said that among about 23 authorized electronic money token issuers in the EU, only 9 also hold a crypto asset service provider (CASP) license. The remaining 14 can only mint or destroy tokens directly to client wallets, while Circle obtained CASP approval via MiCA Article 60 to offer custody and payment services for USDC and EURC.
The exchange offers fee-free 1:1 conversion until August 26, 23:59 UTC, initially supporting Tesla, MicroStrategy, Coinbase, and Circle tokenized assets on Ethereum and BSC. Converted bStocks can be traded around the clock or redeemed for underlying shares, while deposited third-party tokenized stocks cannot be spot traded.
Kalshi, a prediction-market platform, is in discussions with Sequoia and Wellington to raise $750 million at a $40 billion valuation. The company previously raised $1 billion at a $22 billion valuation in May, and the new round would nearly double that valuation.
Total revenue was $35.9 million, with $25.6 million from media and asset management and $10.4 million from bitcoin derivatives. The GAAP operating loss was $149.1 million, driven by a $105.2 million non-cash goodwill impairment and $48.7 million in bitcoin market-value losses; excluding those items, adjusted operating income reached $7.3 million, the first positive since the transition to a bitcoin operating company, and it held 4,467 bitcoin valued at $261.5 million after repaying $45 million and deferring $105 million in USDT debt.
Ether.fi's self-custody app now supports trading of tokenized metals and crypto assets, and users can borrow through an Optimism-based Aave integration using multiple positions as collateral. Fiat accounts enable global deposits and withdrawals in over 30 currencies and payment methods, though not for U.S. users; Ether.fi CEO Mike Silagadze said initial collateral includes Ethereum, Bitcoin, Hyperliquid, ETHFI, and some tokenized stocks and gold, with an ETHFI auto-buyback and 3% card cashback planned.
Data from Coinglass shows that if Bitcoin falls below $60,717, cumulative long liquidation intensity on major centralized exchanges could reach $1.31 billion. Conversely, a breakout above $66,479 could see cumulative short liquidations reach $1.307 billion.
According to BitcoinTreasuries.NET, Riot Platforms sold the Bitcoin to cover operational needs and data center expansion costs. The mining company currently holds 11,380 Bitcoin.
The financial services company reported cryptocurrency trading volume fell 63.5% to CHF 2.58 billion ($3.2 billion) in the first half. Shares in Swissquote Group dropped 14% following the announcement.
Coinglass data showed that long-position liquidations totaled $83.199 million and short-position liquidations totaled $59.871 million over the past 24 hours. Across the market, 68,107 traders were liquidated, with the largest single liquidation order on Bybit's BTCUSDT pair valued at $1.989 million.
Delio, a centralized finance lender, faced legal action after its head was found guilty of embezzling digital assets. The court determined that more than 1,100 customers were affected by the misuse of funds.
Bitcoin Red Team member @callebtc said the two-week scan used advanced AI to cover nearly the entire Bitcoin open-source ecosystem. Maintainers are now verifying numerous critical and high-severity vulnerabilities; the Lightning Network is considered particularly exposed, and unmaintained Bitcoin projects should be viewed as vulnerable until proven secure.
The tokenization-focused lender reported $226 million in quarterly revenue, doubling from the prior period. Blockchain loan marketplace volume increased to $4.3 billion.
The on-chain analytics platform Bubblemaps identified typical rug-pull characteristics in the TikTok-promoted token, which has a market capitalization of about $70 million. Bubblemaps advised investors to ignore such promotions, noting TikTok has become a distribution channel for low-quality meme coins using AI-generated public figures and fake associations.
Analysts told Cointelegraph that Bitmine’s Ether staking revenue acts as a financial buffer, filling operational gaps and creating a recurring income stream independent of Ether’s price movements. The annualized $257 million staking income also underpins share repurchases, according to analysts.
Chief Business Officer Ryan Ballantyne has over 30 years of experience in capital markets, derivatives, asset management, and digital assets. He previously served as head of corporate client strategy at Coinbase Institutional, assisting listed companies and institutions with adopting digital asset treasury, trading, and custody solutions; earlier roles include positions at Osprey Funds, Blackforce Capital, Susquehanna, Deutsche Bank, and Smith Barney.
Robinhood Venture Fund II has raised $200 million through an initial public offering, according to market information. The fund is a venture capital vehicle linked to the Robinhood brand.
ShipMonk, a logistics provider for Trezor, suffered a security breach exposing customer data for orders placed in the past 90 days in the US, UK, Sweden, Colombia, Brazil, Italy, and Portugal. Trezor stated its own systems were not compromised and devices remain secure, while warning affected customers of potential phishing attacks using the leaked details.
The upgraded service combines bridging and swapping into a single action on the destination chain. Users no longer need to switch between separate protocols to complete cross-chain transactions.
Tokenopia's institutional launchpad will debut on August 24, featuring Zamica as its first project. Zamica's application will go live on mainnet the same day.
Participants must predict the Bitcoin price by August 17. The winner will be selected on August 20 and must have liked, commented, and reposted the contest post.
The protocol highlighted a buyback, growth in lending, and a gold campaign in its weekly recap. Milestones include a USD1 vault at 86% loan-to-value ratio, new fixed markets on Ethereum, and 242,000 LISTA emissions for Aug. 10-16.
Indonesian cryptocurrency exchange Bittime will halt trading for X Empire (X) against the Indonesian rupiah on August 14, 2026. Holders are advised to sell or withdraw their assets before the settlement deadline of September 14, 2026.
DeriW has expanded its offerings to include 15 major currency pairs, enabling direct trading of global currencies on the platform. Supported pairs include EUR/USD, USD/JPY, GBP/USD, and other widely traded forex pairs.
A study presented at USENIX Security '26 identified 65,340 high-risk crypto addresses on Ethereum and BNB Chain, with associated native token losses of 126,982.94 ETH and 17,726.7 BNB totaling over $574.8 million. The study described two active attack vectors (contract account misuse and EIP-7702 delegation) causing about $15.7 million in direct losses, and analyzed 63,004 GitHub repositories from January 2015 to May 2025, extracting over 16.3 million unique private keys with 99.11% detection accuracy.
The company purchased the tokens for $20 million, at an average price of $2,334.25 per ETH, and sold no ETH during the quarter. Its treasury held 75,757.5 ETH directly, while 73,235 ETH were staked for 66,192 LsETH, of which 49,000 LsETH backed financing receivables and 17,192 LsETH served as margin buffer.
Sharplink, an Ethereum treasury company listed on Nasdaq as SBET, announced it will stake $200 million in ETH through Lido, the largest liquid staking protocol on Ethereum, with the staked assets represented by wstETH and custodied by Anchorage Digital. CEO Joseph Chalom said the move improves the production efficiency of the company's ETH assets while maintaining institutional-grade risk standards, and Lido Labs Foundation Executive Director Vasiliy Shapovalov said the collaboration supports the Ethereum application ecosystem.
Castle Labs data shows most of the buyback fees came from Ethereum. Since the fee switch was activated, Robinhood Chain has contributed about $2.26 million to the buyback and has accounted for roughly 50% or more of daily UNI burns since late July, approaching 70% on some days.
Digital asset trading volume declined to $32.6 billion from $58.6 billion a year earlier, while adjusted revenue rose 62% to $92.6 million and adjusted net income reached $14.3 million. Bullish is progressing on its Equiniti acquisition, secured Gibraltar regulatory approval for tokenized-securities secondary trading, and raised its full-year guidance; Morgan Stanley also launched products based on CoinDesk indices.
Bullish reported a net loss of $280 million for the second quarter as cryptocurrency trading activity declined. Adjusted revenue reached $92.6 million, while subscription, services and other revenue hit a record $62.7 million, and the company refined its full-year guidance.
The SEC plans to propose 'Regulation Crypto' at a Friday open meeting, allowing projects to raise funds through token sales without completing full securities registration. The agency also intends to introduce an innovation exemption for tokenized stocks such as Apple, Tesla, and Nvidia, permitting 24/7 blockchain trading with fractional transactions and near-instant settlement, though without voting or dividend rights; the initiative is part of SEC Chair Paul Atkins' 'Project Crypto' agenda, with Robinhood Chain, Solana, and Base advancing related on-chain markets.
Strategy announced an investor Q&A livestream scheduled for 12:00 ET on August 17. Founder and Executive Chairman Michael Saylor and Chief Executive Officer Phong Le will attend, with topics expected to cover the company’s bitcoin strategy, capital operations, financing plans, and future business direction.
Data from Staking Rewards shows approximately 41.89 million ETH, or 34.7% of total supply, is staked, representing a market value of about $78.56 billion. The staking ratio has risen 0.77% recently while network inflation has dropped to roughly 0.86%, with around 789,000 active validators; staking rewards, sourced from consensus-layer issuance, priority fees, and MEV, face dilution as staked supply grows.
According to the official announcement, Fuyo Markets offers 1-minute cryptocurrency predictions, trending markets tied to real-world events, regional markets for Southeast Asian stocks and companies, and bear-market-themed 'Sad Markets'. It supports 10 Southeast Asian languages and integrates Binance Connect for fiat payments, aiming to deliver a simple and locally tailored prediction trading experience.
U.S. July CPI rose 0.1% month-over-month and 3.4% year-over-year, with core CPI up 2.5%, matching market expectations. Gate Institutional expanded its trading infrastructure by adding one exchange and 23 trading pairs, launching RPI Orders, cutting fees by up to 50%, improving system performance by 50%, and introducing Colo services, while SuperLink optimized Fireblocks Gas management and settlement processes.
Strategy and Metaplanet have recorded unrealized losses on their Bitcoin holdings, reflecting recent price declines in the cryptocurrency. The losses underscore the potential risk of concentrating a portfolio in a single digital token.
According to Andre Cronje, founder of DeFi platform Flying Tulip and creator of Fantom Network, most DeFi protocols now operate with corporate intermediaries that perform traditional financial functions, leaving only niche areas as truly decentralized. DefiLlama data shows total value locked fell from $167 billion to $75 billion over 10 months, while an ECB working paper found the top 100 governance token holders control over 80% of supply in Aave, MakerDAO, Ampleforth, and Uniswap.
Blockchain Association filed an amicus brief supporting Custodia Bank's Supreme Court appeal over a denied Federal Reserve master account, arguing the case affects whether lawful digital asset firms can compete fairly. Custodia, founded by Caitlin Long, applied in October 2020, was rejected by the Kansas City Fed in January 2023, and lost subsequent appeals; the Kansas City Fed must respond by September 11.
