A dramatic shift in GSR’s Core3 model portfolio has vaulted Solana to the top position with a 43.6% allocation, signaling a tactical pivot away from Bitcoin and Ether. The adjustment, finalized August 12, marks a sharp reversal from just one week prior when the firm favored a more conservative distribution.
Starting October 1, Hawaii will prohibit the use of physical cash to purchase digital assets at cryptocurrency kiosks. The move follows a surge in fraud, with the FBI documenting 92 complaints and $3.85 million in losses among state residents in 2025 as scammers increasingly weaponized these machines to drain victim accounts.
Anchorpoint Financial has named HashKey Exchange an authorized distributor for its Hong Kong dollar-backed stablecoin, HKDAP, marking a key expansion of the token’s beta rollout. The partnership allows eligible institutions and professional investors to mint, redeem, and convert fiat currency through HashKey’s regulated platform infrastructure.
The Intercept and the Freedom of the Press Foundation have filed a federal lawsuit against Donald Trump, alleging that his decision to sell early access to presidential announcements via Truth Social creates an unconstitutional barrier to public information while favoring high-frequency trading firms with millisecond advantages.
A recent survey of 1,000 U.S. adults reveals that 79% of prediction-market participants lost money over the past year. Even more concerning, over half of these users turned to borrowed funds to place their bets, a practice that significantly correlated with higher rates of financial failure among retail traders.
The United States and the United Kingdom have unveiled ten recommendations for digital assets and cross-border finance, signaling a coordinated approach to stablecoins and tokenized securities. While the Transatlantic Taskforce for Markets of the Future sets a clear agenda, the proposals stop short of creating legally enforceable, binding regulations.
A critical firmware error in Coldcard hardware wallets has left approximately 1,816 Bitcoin, valued at $116 million, vulnerable to exploitation. The flaw, which persisted for over five years, reduced the entropy of generated seed phrases, allowing attackers to reconstruct private keys without needing physical access to the affected devices.
Prediction market Kalshi has begun streaming real-time Level 1 and Level 2 order book data through the DoubleZero Edge fiber network. The integration provides quantitative firms with direct, sequenced access to liquidity depth for sports contracts and crypto perpetual futures, bypassing the need for manual API reconstruction.
As BitMart moves toward a full platform closure in 2027, the exchange’s failure to produce independently verified proof-of-reserves has triggered alarm among users and industry experts. Recent reports of delayed withdrawals from multiple crypto projects highlight a deepening trust gap between internal platform assurances and verifiable financial reality.
Nansen co-founder Alex Svanevik projects Bitcoin could reach $1 million by 2030, citing persistent global currency debasement and central bank policies as the primary drivers. While acknowledging the volatility inherent in crypto markets, he argues that Bitcoin’s fixed supply makes it a necessary hedge against expanding money supplies.
Ripple has formally signaled support for the fixCleanup3_3_0 amendment, contributing to an early count of eight votes out of the 35 required for XRP Ledger activation. The proposal bundles technical corrections for automated market makers, lending protocols, and vault systems, though it remains well below the 80% supermajority threshold.
Norway’s sovereign wealth fund, the Government Pension Fund Global, surged to a record 1.75 trillion kroner—roughly $184.3 billion—in the first half of 2026. The performance was anchored by a 9.4% investment return, bolstered by a fresh disclosure of a $1.22 billion stake in Elon Musk’s aerospace giant, SpaceX.
Seven U.S. spot XRP ETFs have accumulated 992.5 million tokens since August 2026, drawing over $1.5 billion in capital. Despite this institutional interest, the price of XRP remains trapped between $1.01 and $1.12, prompting investors to look beyond simple market appreciation for consistent returns.
Bitcoin recovered to $64,100 after July consumer prices rose 3.4%, aligning with market expectations and leaving Federal Reserve policy projections largely intact. The mild inflation print provided a brief reprieve for risk assets, though traders remain cautious as they weigh the potential for future interest rate adjustments.
Goldman Sachs has agreed to acquire Westport-based NEOS Investments for up to $2.25 billion, a move designed to bolster its asset management division with 19 options-based income ETFs. The deal, expected to close in early 2027, adds roughly $30 billion in assets to the bank’s rapidly growing exchange-traded product platform.
Anchorpoint has initiated the phased rollout of its HKDAP stablecoin, marking a transition from regulatory testing to live distribution. Backed by Standard Chartered, the project is now providing institutional partners and professional investors with tools for cross-border payments, fiat conversion, and the settlement of tokenized real-world assets.
The New York City Council has launched a formal investigation into the marketing tactics of four prominent prediction market platforms, including Polymarket, Kalshi, Coinbase, and Gemini Titan, amid mounting concerns that these firms are employing deceptive, predatory advertising to entice consumers into high-risk event wagering.
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%.
