Cryptocurrency

3585 items in section

Bitcoin’s 22% Rally Faces Critical Test of Sustained Demand

Bitcoin’s recent 22% surge, sparked by a U.S. Treasury announcement regarding long-term bond buybacks, now faces a structural turning point. As the initial macro-driven momentum cools, market analysts are scrutinizing whether spot demand and ETF inflows can maintain the price floor before the program officially begins on September 9.

Ethena Proposes Aggressive Buyback Plan to Revive ENA Value

Ethena is pivoting its economic model, proposing that 95% of net revenue be funneled into ENA buybacks once the USDe stablecoin supply hits a $7.5 billion threshold. The protocol is also moving to eliminate monthly investor token unlocks, aiming to stabilize the asset as it seeks to decouple from Ethena Labs equity.

Mantle Network Accumulates $880 Million in Stablecoins and Tokenized Assets

Mantle has reached an $880 million milestone in total value, driven by a diversified expansion into tokenized equities, U.S. Treasuries, and yield-bearing assets. The network’s growth highlights a strategic pivot toward integrating real-world financial instruments directly onto its blockchain infrastructure, moving beyond simple transactional use cases.

Truflation Urges Fed Rate Cut After Accurate Inflation Forecast

Data provider Truflation is pushing the Federal Reserve to lower interest rates, citing a cooling economy after its latest inflation forecast accurately mirrored the U.S. Bureau of Economic Analysis report. The firm’s projection for July PCE figures landed within 0.01 percentage point of official government data released on August 26.

Stable Sea Expands Treasury Platform with WisdomTree Tokenized Funds

Corporate finance teams using the Stable Sea Terminal can now allocate idle cash across three SEC-registered WisdomTree digital funds. By lowering investment minimums to as little as $1, the platform aims to provide smaller businesses with the same treasury management tools previously reserved for institutional-grade balance sheets.

Hyperliquid Strategies Expands HYPE Treasury to $1.9 Billion

Hyperliquid Strategies has aggressively scaled its digital asset reserves, doubling its HYPE holdings to 29.3 million tokens. The Nasdaq-listed firm, which operates through the PURR ticker, reported a $305.5 million annual net income while maintaining a debt-free balance sheet as of the fiscal year ending June 30.

Charles Schwab Expands Crypto Offering With SOL, AVAX and LINK

Charles Schwab is broadening its digital asset reach by adding Solana, Avalanche and Chainlink to its crypto platform. This expansion marks a shift for the brokerage, which previously restricted direct trading to Bitcoin and Ethereum, as it aims to capture growing demand from its 39.8 million active accounts.

Moonwell Lending Protocol Loses $8.7 Million in MAMO Exploit

The decentralized lending protocol Moonwell has suspended borrowing across its Core Markets on Base following a price manipulation attack that drained approximately $8.7 million. Security researchers report that the perpetrator exploited the illiquid MAMO token to inflate its collateral value before siphoning off high-liquidity cbBTC assets.

Ripple Prime Enters U.S. Equity Derivatives Market with Delta One

Institutional investors can now trade total return swaps linked to U.S.-listed equities, indexes, and digital assets through Ripple Prime. The newly launched Delta One service allows hedge funds and asset managers to gain market exposure without direct ownership, leveraging a unified, multi-asset brokerage architecture.

Postquant Labs Unveils Bridgeless Swap Protocol QuipSwap

Postquant Labs is launching QuipSwap, a protocol designed to execute cross-chain asset swaps without traditional bridges, oracles, or wrapped assets. By utilizing a peer-to-peer mechanism, the platform aims to eliminate common security vulnerabilities while preparing blockchain infrastructure for the future threat of quantum computing.

Bitfinex Securities Secures Record $50M for Nickel-Backed Token

Bitfinex Securities has closed a record $50 million capital raise for Alkemya, leveraging a tokenized security backed by a $1.64 billion nickel asset base. The transaction marks the platform's largest issuance to date, surpassing previous efforts centered on U.S. Treasury products and corporate debt offerings.

UK Treasury Proposes Bank of England Mandate for Digital Innovation

The British government announced plans on August 27 to grant the Bank of England a secondary statutory objective dedicated to fostering innovation in payment systems and digital assets. This move aims to modernize the financial landscape while ensuring that systemic stability remains the central bank’s primary and overriding regulatory duty.

Former MAS official Ziqing Ang joins TRM Labs as APAC policy head

Blockchain intelligence firm TRM Labs has appointed Ziqing Ang, a veteran of the Monetary Authority of Singapore, as its new Head of Policy for the Asia-Pacific region. Ang will lead efforts to coordinate with regulators and law enforcement as the firm tracks a surge in crypto-related fraud and AI-driven scams.

Nvidia Shares Surge as AI Demand Fuels Record Revenue

Nvidia shares climbed 6.7% to $223.71 in premarket trading on August 27, riding a wave of investor optimism after the company reported second-quarter revenue of $96.2 billion. The chipmaker’s performance shattered analyst expectations, signaling that the relentless appetite for artificial intelligence infrastructure remains the primary engine for market growth.

Unstoppable Domains Abandons ICANN Bid After Sales Fail to Materialize

Unstoppable Domains has officially scrapped plans to seek ICANN recognition for its primary web3 domain extensions, opting to refund customers instead of pursuing the 2026 application round. Founder Matthew Gould cited prohibitive compliance and bidding costs, admitting the current web3 market lacks the scale to justify the expense.

Saitama CEO Manpreet Kohli faces extradition to US over fraud charges

Saitama chief executive Manpreet Kohli has lost his UK court battle to avoid extradition to the United States. A British judge ruled on August 19 that the 45-year-old Indian national must face federal charges in Boston for his alleged role in a scheme involving wire fraud and cryptocurrency market manipulation.

Changpeng Zhao Outlines Future for Tokenized Assets in Hong Kong

Hong Kong stands as a primary candidate to bridge traditional finance with the Web3 ecosystem, according to Binance founder Changpeng Zhao. Speaking at an August 27 event in the city’s Exchange Square, Zhao identified real-world asset tokenization and decentralized exchange growth as the next major frontiers for the digital economy.

Core Lightning Urges Urgent Upgrades Following Security Audit

Node operators for the Core Lightning network are being urged to apply an incoming security patch immediately, as developers confirm several new vulnerabilities within the software. The project team identified the flaws after auditing a high volume of AI-generated security reports, though technical specifics remain undisclosed.

Bithumb Wins First Ruling in Bitcoin Windfall Recovery Lawsuit

A Seoul court has ordered a defendant to return 194 million won to Bithumb, marking the first legal victory for the exchange as it seeks to recoup funds mistakenly credited to users during a February promotional event that saw 620,000 BTC erroneously distributed across its internal ledger.

U.S. Government Transfers Small Amount of Seized Alameda Bitcoin

Federal authorities have moved approximately 0.0048 BTC, valued at roughly $377, from a wallet linked to assets seized from Alameda Research accounts on Binance.US three years ago. The modest transaction has prompted questions regarding the government's future plans for the remaining seized holdings tied to the collapsed FTX exchange.

A $381 Million HYPE Whale Remains Unidentified

A cluster of 12 wallets recently injected $24 million into HYPE tokens on the Hyperliquid platform, sparking speculation of institutional involvement. While on-chain analysts attribute the activity to venture capital giant Andreessen Horowitz, the firm has provided no verification, leaving the true identity of the owner a mystery.

US State Banking Groups Unite to Build BankChain Network for 2027

Thirty-nine state banking associations have launched the BankChain Alliance, a collaborative effort to develop a proprietary blockchain network for tokenized deposits, stablecoins, and automated settlements. The project aims to provide banks of all sizes with a shared, industry-governed infrastructure by its projected 2027 rollout.

BlackRock Faces Pressure to Expand Crypto ETF Lineup Beyond Bitcoin

Nate Geraci, president of the ETF Store, suggested on August 27 that BlackRock will inevitably broaden its spot cryptocurrency offerings. While the asset management giant currently limits its iShares crypto portfolio to Bitcoin and Ether, industry observers argue that rising competition and evolving market demand may force a strategic shift.

Crypto ATM scams surge as losses top $388 million

Scammers are increasingly exploiting the irreversible nature of cryptocurrency kiosks, driving national losses to $388 million in 2025. Federal regulators warn that these machines, while appearing familiar, function as high-speed conduits for fraud that leave victims with little recourse once funds are transferred to an anonymous digital wallet.

SoftBank Targets Majority Stake in OpenAI-Backed 1X Technologies

SoftBank is negotiating to acquire a controlling interest in humanoid robot developer 1X Technologies, a move that would value the startup at approximately $6 billion. The potential deal signals a deepening commitment by the Japanese conglomerate to integrate physical robotics with the artificial intelligence sector.

Mirae Asset Targets $108 Billion in Digital Assets by 2027

Mirae Asset Group is positioning its newly acquired crypto exchange, Digital X, as the cornerstone of a massive expansion into on-chain finance. Chairman Park Hyeon-joo announced a strategic pivot to reach 150 trillion won ($108 billion) in digital assets and achieve profitability within the next three years.

Connecticut Sues Kalshi Over Sports Betting Contracts

Connecticut officials have filed a lawsuit against Kalshi to block the platform from offering sports-based event contracts, arguing the products constitute unlicensed gambling. The state maintains that despite Kalshi’s federal registration, it must comply with local consumer protections and licensing requirements established for sports wagering.

Ripple’s RLUSD Stablecoin Surpasses $2 Billion Market Cap

Number: With over $2 billion now in circulation, Ripple’s RLUSD stablecoin has reached a significant milestone less than two years after its December 2024 launch. The rapid expansion reflects a surge in token issuance, driven by growing institutional interest and a multi-chain strategy that bridges the XRP Ledger with Ethereum and beyond.

U.S. Debt Surpasses $40 Trillion, Fueling Bitcoin’s Appeal

As U.S. gross federal debt eclipsed the $40.05 trillion mark on August 18, investors are increasingly eyeing Bitcoin as a hedge against fiscal instability. Robbie Mitchnick, BlackRock’s global head of digital assets, suggests that mounting government deficits now carry more weight for Bitcoin’s long-term valuation than pending regulatory legislation.

Mastercard to Sponsor XRP Ledger Hackathon in New York

Mastercard will join a 36-hour XRP Ledger hackathon scheduled for October 24–25 in New York, according to an announcement from XRPL Commons. The event serves as a precursor to Ripple’s Swell conference, gathering developers to build applications across four distinct tracks, ranging from protocol innovation to agentic finance.