Cryptocurrency

1881 items in section

Coinsbuy Offers $100,000 Bounty Following $7.9 Million Wallet Breach

After unauthorized withdrawals drained an estimated $7.9 million from its Ethereum and TRON wallets on August 9, Panama-based crypto payments firm Coinsbuy has launched a $100,000 bounty for information identifying the attackers. The company has since restored platform operations and pledged to cover all losses from its own corporate reserves.

Mysten Labs reveals Tessera to bring private settlement to Sui

Mysten Labs has unveiled Tessera, a business-to-business settlement prototype designed to mask payment amounts on the Sui blockchain. By leveraging encrypted stablecoin transfers, the system aims to solve the transparency dilemma that keeps many institutions from adopting public ledgers for sensitive commercial operations.

BlackRock Canada debuts equity fund with 3% Bitcoin allocation

Canadian investors now have access to a single-ticker product that blends global stock market exposure with a small, strategic stake in Bitcoin. Trading under the ticker IBQT, the new iShares Equity + Bitcoin ETF Portfolio allows for diversified holdings without requiring direct cryptocurrency ownership or individual asset management.

BitMart faces insolvency claims as withdrawal frustrations mount

A co-founder of the decentralized AI network OpenGradient has publicly accused BitMart of insolvency, claiming his team is unable to retrieve funds from the exchange. The allegation arrives amid a phased wind-down of the platform, fueling skepticism about the company’s ability to honor user withdrawals before its final closure.

Strategy liquidates Bitcoin to fuel preferred stock buybacks

For the second consecutive week, Strategy has tapped into its Bitcoin reserves to fund the repurchase of its preferred stock. An Aug. 10 SEC filing confirms the company sold 1,690 BTC for $108.6 million, directing the entire sum toward retiring 1.15 million shares of its STRC preferred series.

Crypto hacks reach $110M in July as 2026 trends toward record losses

Cybercriminals drained roughly $110 million from digital asset projects in July, fueling a surge in activity that places 2026 on track to shatter previous records for major security breaches. Security platform Immunefi reports that the industry now faces a potential 114 large-scale incidents by year-end, far outpacing 2024 figures.

Tom Lee Touts Robinhood Chain as Gateway for Ethereum Mainstream Adoption

Bitmine Chairman Tom Lee projects that the Robinhood Chain, launched July 1, will stand as one of 2026’s most significant crypto milestones by bridging the brokerage’s 27 million customers with Ethereum-based financial services and positioning ETH as a core medium for everyday retail transactions.

SharpLink Reports $394M Quarterly Loss Driven by ETH Price Swings

SharpLink reported a $394.3 million net loss for the second quarter, as downward pressure on Ethereum prices triggered massive non-cash write-downs. While the bottom line took a sharp hit from accounting adjustments, the firm’s core staking operations saw revenue climb to $11.5 million, significantly outpacing the previous year’s performance.

BitMine Nears 5% Ethereum Ownership Goal Amid Stock Resistance

BitMine Immersion Technologies added 7,391 ETH to its treasury last week, bringing its total holdings to 5.81 million tokens—roughly 4.8% of the entire Ethereum supply. Despite this aggressive accumulation and a three-million-share buyback, the company’s stock, BMNR, struggled to maintain momentum near the $18.63 resistance level.

Bitdeer Scales Bitcoin Output as AI Data Deal Hits $4.7 Billion

Bitdeer Technologies Group saw its Bitcoin production surge nearly fivefold to 2,694 BTC in the second quarter of 2026, even as the company reported a widened net loss of $92.3 million. The miner’s aggressive expansion into self-mining capacity was coupled with a massive long-term data center agreement in Norway.

Revolut secures French banking licence, eyes Western Europe expansion

Revolut has secured a full banking licence in France, establishing its second major regulatory hub within the European Union. This approval allows the fintech giant to scale its lending, mortgage, and savings operations across the bloc, starting with its largest Western European market as it prepares for a Paris-based headquarters in 2027.

Standard Chartered projects 25x growth for Chainlink by 2030

Standard Chartered has initiated coverage of Chainlink with a $200 price target for the end of 2030, a 25-fold increase from current levels. The bank cites a surge in tokenized asset demand and decentralized finance activity as primary catalysts for the oracle network's long-term valuation.

MARA Holdings pivots treasury strategy as Bitcoin sales hit $1.63 billion

MARA Holdings offloaded 23,093 Bitcoin during the first half of 2026, generating $1.63 billion in liquidity. The move marks a significant shift in corporate policy, as the mining giant transitions from a pure-play Bitcoin holder to using its digital assets as a primary engine for infrastructure investment and debt restructuring.

Kimsuky Deploys Local AI Infrastructure to Automate Crypto Attacks

The North Korea-linked hacking group Kimsuky is building private artificial intelligence environments to evade detection while automating its cyberattacks. By running language models locally, the group avoids triggering security alerts associated with cloud-based AI queries, signaling a sophisticated shift in how hackers prepare for financial theft.

Ripple Mints 10 Million RLUSD as Whales Accumulate XRP

Ripple issued 10 million RLUSD on the XRP Ledger on Aug. 10, a move occurring alongside reports that large holders added 380 million XRP to their wallets over the past week. While the dual developments have drawn market attention, data suggests these actions reflect distinct institutional and investor strategies.

H100 Group Expands Treasury to 3,506 Bitcoin via Debt-Free Acquisition

Stockholm-listed H100 Group has finalized its acquisition of NSD AS, securing 2,455.37 Bitcoin and pushing its total corporate treasury to 3,506.4 BTC. The transaction, settled entirely through a share-for-share exchange, marks a significant expansion for the firm’s holdings without necessitating any cash outlay.

Coinsbuy reports $7.9 million loss in multi-chain wallet breach

Blockchain investigators identified a $7.9 million drain from payment processor Coinsbuy on Aug. 9, with stolen assets moving across both Ethereum and TRON networks. The incident prompted a temporary suspension of platform services as security firms tracked the illicit funds through several centralized exchanges toward privacy-focused Monero.

South Korea Opposition Seeks Three-Year Crypto Tax Delay

South Korea’s opposition People Power Party has moved to push back the implementation of a 22% cryptocurrency investment tax to January 1, 2030. The proposal arrives just days after the government reaffirmed its intent to begin taxing virtual asset gains starting in 2027, reigniting a long-standing legislative standoff.

Fake Wasabi Wallet App on Apple Store Linked to 6 BTC Theft

A fraudulent version of the privacy-focused Wasabi Wallet has surfaced on Apple’s App Store, leading to a reported theft of 6 BTC from a single user. This incident marks the 27th time this year that a malicious crypto wallet clone has bypassed Apple’s internal review process to reach the platform.

Robinhood Launches Crypto Trading in UK With Over 50 Assets

Robinhood is expanding its reach into the United Kingdom by enabling cryptocurrency trading for eligible users, providing access to more than 50 digital assets. The move follows the company’s July 31 registration with the Financial Conduct Authority, marking a strategic push to integrate crypto into its existing UK investment platform.

UMX Opens Beta Integrating Crypto and Traditional Stock Markets

UMX, the exchange incubated by Li Lin’s Avenir Group, has launched an invitation-only public beta for professional investors. The platform aims to bridge digital and traditional finance by allowing users to trade U.S. stocks, ETFs, and options alongside crypto assets, using a shared capital framework for cross-asset liquidity.

Australia Pulls Plug on 96 Cryptolink ATMs Over Compliance Failures

Australia’s financial intelligence agency has silenced Cryptolink’s nationwide network of 96 Bitcoin ATMs for three months. The suspension, which took effect August 9, follows the operator's repeated failure to meet mandatory transaction reporting standards and a refusal to answer formal inquiries from regulators regarding high-risk activity.

Buyer of $100M in Trump-linked tokens tied to money laundering probe

Guren “Bobby” Zhou, the financier behind the $100 million purchase of World Liberty Financial tokens by the UAE-based firm Aqua 1, remains under the shadow of an active British money laundering investigation. Although never charged, Zhou’s past ventures and the origins of his capital have drawn intense scrutiny from lawmakers.

Bitcoin developers clash over BIP editor’s conduct

Conflict within the Bitcoin development community reached a boiling point on Aug. 9, as BIP editor Mark “Murch” Erhardt formally moved to remove colleague Luke Dashjr from his editorial role. The motion, submitted via a GitHub pull request, alleges procedural misconduct regarding the controversial BIP110 proposal and its recent chain split.

Former Defense Chief Esper Backs CLARITY Act on Security Grounds

Former U.S. Defense Secretary Mark Esper is framing the CLARITY Act as a critical national security measure rather than a standard financial regulation. With a pivotal procedural vote scheduled for September 15, his intervention aims to build momentum for legislation that would grant the Treasury expanded authority over digital asset transfers.

UK Regulators Weigh Tokenized Gold as Wholesale Collateral

London’s status as the epicenter of global bullion trading is driving a new regulatory push, as the Financial Conduct Authority explores how tokenized gold can serve as collateral in the derivatives market. By bringing digital assets into the wholesale fold, authorities aim to modernize the city’s massive financial infrastructure.

Empery Digital Drains Bitcoin Reserves Amid Debt and AI Pivot

Empery Digital has offloaded 1,635 Bitcoin for $102.2 million since July 1, slashing its unrestricted holdings by 76%. The Nasdaq-listed firm, once a vocal proponent of aggressive Bitcoin accumulation, has shifted its capital strategy toward share buybacks, debt reduction, and multi-million dollar investments in AI-ready data center infrastructure.

Canary XRP ETF assets shrink as price depreciation outpaces inflows

Canary Capital’s XRP exchange traded fund ended the first half of 2026 with $241.2 million in net assets, a sharp decline from the $322.8 million recorded at the end of last year. Despite a healthy influx of capital activity, the fund's gains were undone by a 43% drop in the underlying token's valuation.

Grayscale shutters three altcoin ETF filings in under four minutes

Exactly 190 seconds was all it took for Grayscale to pull the plug on three separate altcoin ETF registration statements on August 7. The firm filed Form RW submissions for its proposed Cardano, Hedera, and Polkadot trusts, signaling an abrupt end to the current registration cycle for these specific digital asset products.