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.
Investors holding the Bitwise Solana Staking ETF (BSOL) can now leverage their positions for cash, as an unnamed major bank has authorized borrowing against the fund at a 25% loan-to-value ratio. The move marks a significant step in integrating crypto-based assets into traditional financial lending services.
A crypto user lost 100,000 USDT after falling victim to an address poisoning attack, a sophisticated deception where scammers plant lookalike wallet addresses in a user's transaction history. The incident highlights the persistent danger of relying on partial address strings when executing high-value blockchain transfers.
The U.S. Securities and Exchange Commission has launched a multi-year initiative to overhaul the Consolidated Audit Trail, moving toward direct federal oversight of the massive market surveillance system. Chair Paul Atkins signaled a transition that could reshape how the agency governs, funds, and operates the database through late 2027.
Projects seeking to launch a perpetual market on the Aster exchange must now stake 1 million ASTER for four years, moving away from the private negotiation model that has long defined the sector. The new standard, AOS-2, mandates a validator-led approval process to determine which assets gain entry.
Strategy CEO Phong Le plans to resume Bitcoin accumulation by the end of 2026, pivoting back to growth after a series of recent sales. The company currently holds 840,447 BTC, having liquidated 3,328 coins over two reporting periods to bolster its US dollar reserves and repurchase preferred stock.
A sharp decline in the fair market value of Bitcoin holdings drove a $413.5 million net loss for Twenty One Capital during the second quarter of 2026. The NYSE-listed firm, which maintains one of the largest corporate Bitcoin reserves, saw nearly 97% of its quarterly deficit tied to accounting adjustments for its crypto assets.
The Ethereum Name Service has officially transitioned its foundation into a full-time operating body governed by a five-seat board. This structural shift grants the protocol the legal capacity to hire staff, manage intellectual property, and engage in formal policy discussions while keeping core protocol control with tokenholders.
Dubai-based Shipfinex is partnering with ADI Chain to tokenize a fleet of 35 vessels, creating a $500 million pipeline that aims to bridge the gap between traditional maritime finance and blockchain-based investment. The initiative relies on individual special-purpose vehicles to represent economic interests through digital tokens.
CeDeFi trading platform Grvt is partnering with Ondo Finance to allocate up to $100 million into the latter’s yield-bearing USDY token over the next year. The move aims to integrate tokenized U.S. Treasury returns directly into the Grvt Earn product, simplifying yield access for users by removing the need for manual asset management.
The Bank of Russia has identified Bitcoin, Ether, and Tether’s USDT as the initial assets permitted for organized trading under the country’s forthcoming digital asset framework. This selection marks a pivotal step in formalizing crypto markets as regulators finalize the rules governing investor access ahead of the September 1 launch.
eToro has agreed to acquire U.S.-focused brokerage TradeZero for up to $231 million, a move aimed at bolstering its American market presence as the platform grapples with a sharp 73% year-over-year decline in crypto trading activity.
KuCoin has secured ISO 22301:2019 certification, an international standard for business continuity management. This addition to the exchange's compliance framework focuses on maintaining critical services during operational disruptions, such as infrastructure failures or cyber incidents, and ensuring rapid recovery when unexpected events threaten platform stability.
