PANews reported on August 3: Tether’s tokenized gold product Tether Gold (XAU₮) saw investor holdings grow 9.5% in the second quarter, indicating that market demand for on-chain gold assets continues to increase.
Data shows that as of June 30, 2026, XAU₮ investor holdings increased from 559,598.64 coins at the end of Q1 to 612,823.66 coins, with a quarterly net increase of 53,225.02 coins, equivalent to approximately 1.66 tons of physical gold.
Over the same period, international gold prices fell 14.1%, closing the quarter at $4,008.02 per ounce, yet investors continued to buy XAU₮. Tether stated that this shows demand is not solely driven by gold’s rising trend; some investors also view price pullbacks as an opportunity to increase their exposure to physical gold.
As of the end of Q2, XAU₮ reserves were as follows:
Physical gold reserves: 707,747.139 troy ounces (approx. 22.01 tons) Gold backing ratio: 1:1, each XAU₮ is backed by at least 1 troy ounce of physical gold Market value: approximately $2.837 billion Tokens sold: 612,823.66 coins Tether CEO Paolo Ardoino said the gold market adjustment in Q2 validated the demand resilience of XAU₮; investors not only buy during gold rallies but also increase their gold allocation through on-chain methods during market corrections.
Additionally, Tether International SA de CV disclosed that it cumulatively purchased approximately 27.1 tons of gold in the first half of 2026, averaging about 4.5 tons per month. If the entity’s holdings were included in global gold reserve rankings, its approximately 150 tons would rank third in the world, behind only Poland and China.
Bitget has upgraded BGBTC, its yield-bearing Bitcoin asset, with daily BTC rewards, faster large-volume redemptions and stronger risk controls. The exchange has also selected Chainlink CCIP as its main cross-chain infrastructure. The move places BGBTC at the center of a wider shift: Bitcoin is increasingly expected to remain liquid, productive and usable across several financial activities.
In brief Bitget has upgraded BGBTC with daily BTC rewards and faster redemptions. Chainlink CCIP will support BGBTC’s secure cross-chain distribution. Gauntlet will provide independent oversight of the underlying yield strategies. Bitget turns idle Bitcoin into a more flexible capital asset Bitget developed BGBTC around a simple problem. Bitcoin holders often have to choose between keeping BTC untouched or moving it into separate yield strategies that add complexity and risk. The new model follows the same capital-efficiency logic seen when Bitget expanded tokenized equities into broader margin and yield use cases.
BGBTC is backed 1:1 by Bitcoin and distributes daily rewards denominated in BTC. Users therefore keep exposure to Bitcoin while receiving a return generated through the product’s underlying strategies. The structure is designed to make long-term holdings more productive without converting rewards into a separate token or fiat currency.
The asset also has uses beyond passive holding. Bitget says BGBTC can serve as futures margin, lending collateral and an eligible asset for Launchpool and PoolX. This means the same Bitcoin-backed position can support several activities instead of remaining isolated inside an earn account.
That flexibility changes the economic role of BTC on the platform. BGBTC is not merely a wrapped representation designed for transfers. It becomes working capital. A holder can maintain Bitcoin exposure, earn BTC rewards and deploy the asset elsewhere within the Bitget ecosystem.
Chainlink CCIP expands distribution while Gauntlet watches risk The most technical part of the upgrade is Bitget’s adoption of Chainlink’s Cross-Chain Interoperability Protocol. CCIP will act as the canonical infrastructure for moving BGBTC across supported networks. Bitget already uses Chainlink Proof of Reserve, which provides an additional transparency layer around the assets backing the product.
Cross-chain distribution matters because yield-bearing Bitcoin becomes less useful when it remains trapped on one platform or blockchain. CCIP is intended to give BGBTC a standardized route into a wider multi-chain environment. This could increase its potential use in lending, collateral management and decentralized applications.
Chainlink has already positioned CCIP and Proof of Reserve as core tools for connecting tokenized assets across networks. Its growing role in institutional infrastructure was also visible as Chainlink strengthened its technical position in the real-world asset market.
Bitget is pairing that infrastructure with an independent Curator framework. Gauntlet, a quantitative risk-management company active in decentralized finance, will oversee the strategies supporting BGBTC’s yield. The arrangement separates strategy monitoring from asset custody and introduces outside review into the product’s operation.
This distinction is important. A 1:1 Bitcoin reserve explains what backs BGBTC, but it does not by itself explain how rewards are produced. The Curator is expected to assess portfolio exposure, monitor risk and support the sustainability of the yield strategies. That oversight does not eliminate risk, but it creates clearer responsibility around how the underlying capital is managed.
Bitget pushes Bitcoin from passive ownership to active yield BGBTC reflects a broader change in the Bitcoin market. Holding BTC was once treated as the final strategy. Today, exchanges, asset managers and DeFi platforms increasingly want Bitcoin to generate income, secure loans or support derivatives positions without being sold.
Bitget is building around that demand. Large-volume fast redemption is meant to improve liquidity for bigger users, while daily BTC rewards make performance easier to track. Futures margin and lending utility also give BGBTC several sources of practical demand inside the platform.
However, active yield introduces questions that passive custody does not. Users need to understand where returns come from, how redemption works under stress and what happens if an underlying strategy performs poorly. Proof of reserves confirms backing, but it should be accompanied by clear reporting on yield sources, fees and risk exposure.
The upgrade therefore represents more than a new Bitcoin product. It connects centralized custody, decentralized infrastructure and professional risk management within one structure. That matches the wider direction already visible as Bitget combines crypto and traditional markets through its Universal Exchange strategy. BGBTC gives that model a Bitcoin-focused layer, where the asset can generate rewards while remaining available for trading and collateral. The real test will not be the initial yield. It will be whether Bitget can preserve liquidity, transparency and reliable redemptions when market conditions become difficult. Active Bitcoin is attractive when markets are calm. Its credibility is built when volatility returns.
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Evans S.
Fascinated by Bitcoin since 2017, Evariste has continuously researched the subject. While his initial interest was in trading, he now actively seeks to understand all advances centered on cryptocurrencies. As an editor, he strives to consistently deliver high-quality work that reflects the state of the sector as a whole.
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The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
Morgan Stanley has downgraded Circle (CRCL)’s stock rating from “Hold” to “Underweight” and slashed its price target for the firm from $106 to $38. Morgan Stanley analyst James Faucette noted the downgrade is primarily driven by the contraction in USDC circulation, which exposed the sensitivity of Circle’s reserve income and revealed the company’s business is shifting to a transaction revenue model with lower profit margins. The report added that Morgan Stanley has cut its USDC size forecasts for Circle by roughly 33% and 44% for 2027 and 2028 respectively, and projects the firm’s GAAP earnings per share will be about 3% and 20% below market consensus. The analyst pointed out that tokenized money market funds and bank deposit products may exert pressure on USDC balances and revenue sharing ratios, while Circle’s USYC product has a relatively weak economic model. Additionally, the agency payment business remains small in scale, with daily trading volume falling to around $41,900, implying an average transaction value of roughly $0.24. Morgan Stanley further stated that Open USD, which uses a shared governance and reserve revenue model, may raise Circle’s costs for maintaining USDC distribution channels.
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Michael Saylor: I have never sold any Bitcoin. MicroStrategy's BTC trading is part of the company's capital management activities.
Strategy founder Michael Saylor posted a statement clarifying that his earlier "Never Sell Your Bitcoin" stance was shared with other Bitcoin holders in his capacity as an individual investor. Saylor said he has never sold any Bitcoin, "not even a single satoshi". He emphasized that Strategy is a public company, not a personal wallet, and has publicly disclosed since 2020 that it may buy or sell BTC for capital management purposes. Saylor noted that Strategy and its investors’ long-term conviction in Bitcoin remains unchanged, adding that the company’s related operations are part of its corporate financial strategy, while his personal stance on holding Bitcoin stays consistent. Previously, the market had been monitoring whether Strategy would adjust its Bitcoin holding strategy; Saylor’s latest remarks aim to clearly distinguish between personal Bitcoin holding behavior and public company asset management decisions.
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Head of Amazon Cloud Business: AI Business Has Enormous Potential Scale
Amazon (AMZN.O)’s cloud unit head said clients are shifting from using its services to train AI models to integrating these models into their own business processes, a trend driving surging demand for inference computing. Matt Garman, CEO of Amazon’s Cloud Computing Division, said on Monday: “We still see some companies using large training clusters, but as these models grow more popular and powerful, more firms are integrating this inference capability into their own workloads.” He noted that the potential of the AI business is “extremely huge,” adding that the company will continue to increase capital expenditure to meet growing demand. As the world’s largest provider of computing power and data rental services, Amazon said last week it projects capital expenditure will reach $220 billion in 2026, up from its prior forecast of $200 billion. The spending hike reflects rising prices of storage chips and other components required for data centers.
2 hours ago
The US military stated that it will continue its maritime blockade of Iran, and has altered the routes of 44 merchant ships.
US Central Command stated local time on August 3 that the U.S. military remains strictly enforcing the maritime blockade against Iran. As of that day, the U.S. military has altered the routes of 44 commercial vessels, disabled two vessels, and boarded and inspected two others.
2 hours ago
US officials said there are currently no plans to hold new negotiations with Iran.
According to U.S. network CBS, citing a U.S. official, despite Trump’s earlier announcement that negotiations with Iran would begin Monday afternoon (local time), no new talks are currently scheduled. Instead, ongoing discussions are underway between U.S. Middle East envoy Witkoff, Kushner, and the U.S. negotiating team and Iran via intermediaries.
2 hours ago
In July, Ethereum ETFs attracted $365 million in net inflows, while the HYPE ETF saw net outflows.
In July’s crypto asset ETF fund flows, Ethereum (ETH) ETFs emerged as the biggest winner, posting a single-month net inflow of $365 million. Data shows Bitcoin (BTC) ETFs saw a net inflow of $172.43 million in July; Solana (SOL) ETFs had a net inflow of $14.62 million; XRP ETFs $27.29 million; Chainlink (LINK) ETFs $4.54 million; HBAR ETFs $3 million; and LTC ETFs $30,400. By contrast, HYPE-related ETFs were the only products to register a net outflow, with a July net outflow of $15.16 million. Overall, institutional capital allocations in July clearly favored the Ethereum ecosystem, as ETH ETFs attracted more funds than BTC ETFs, indicating sustained growing market demand for Ethereum-related assets.
2 hours ago
The Nasdaq’s gains expanded to 2%, with Google surging over 5% and Tesla rising 3.8%.
According to market data from Bit (Bit.com), the Nasdaq’s gain widened to 2%, the S&P 500 rose 1.3%, and the Dow rose 1%. Oracle (ORCL.N) climbed 7.3%, Google (GOOG.O) gained over 5%, Amazon (AMZN.O) and Microsoft (MSFT.O) rose over 4%, Tesla (TSLA.O) increased 3.8%, and Nvidia (NVDA.O) gained 3.2%.
Circle koupila od IBM téměř 1 000 blockchainových patentů a tvrdí, že má největší patentové portfolio v USA. Firma ale neřekla, zda je bude licencovat nebo vymáhat proti konkurenci.
Circle has acquired nearly 1,000 blockchain patents from IBM, giving the USDC issuer what it describes as the largest blockchain patent portfolio in the United States.
Summary
Circle acquired nearly 1,000 issued patents spanning more than 680 patent families. The portfolio covers blockchain, banking, insurance, cloud security, and enterprise infrastructure. Circle has not disclosed the purchase price or explained whether it could enforce the patents against competitors. CRCL initially gained about 2%, but later fell after Morgan Stanley cut its target to $38. Circle takes control of IBM’s blockchain portfolio Circle announced the acquisition on July 27, saying it had purchased core assets from IBM’s blockchain patent portfolio. The transaction covers more than 680 patent families and nearly 1,000 issued patents worldwide.
The intellectual property spans blockchain systems, financial services, banking, insurance, supply-chain verification, enterprise infrastructure, and secure cloud operations. Circle did not disclose the financial terms.
Circle said the portfolio would support USDC, the Circle Payments Network, its Arc blockchain, and tools designed for artificial intelligence agents. The two companies also plan to consider further commercial agreements.
“Intellectual property is critical to advancing our mission and expanding adoption of onchain infrastructure,” Circle General Counsel Sarah Wilson said.
Wilson added that the acquisition would expand Circle’s ability to develop infrastructure for internet-based finance.
Patent deal raises concerns over possible enforcement Circle’s announcement did not state whether the company intends to license the patents, use them defensively, or enforce them against other blockchain businesses.
That lack of detail has prompted questions about how Circle could use its newly acquired intellectual property. In an Aug. 3 commentary, Fortune’s Jeff John Roberts warned that the patents could become legal leverage against competitors or startups.
Roberts argued that Circle could theoretically seek licensing payments, bring infringement cases, or transfer patents to separate entities that pursue enforcement. However, Circle has not announced plans to take any of those actions.
The concerns also stem from IBM’s mixed record in commercial blockchain development. IBM previously backed several enterprise blockchain projects, including supply-chain and trade-finance platforms, but many failed to achieve broad adoption.
A large patent portfolio does not necessarily indicate that the underlying products reached commercial success. Still, issued US patents can give their owner the right to restrict others from using covered inventions, subject to their validity and scope.
Circle has also not announced a public defensive patent pledge comparable to commitments used by some other digital-asset companies. Such pledges generally promise that patents will not be used offensively against developers acting in good faith.
US blockchain firms face new intellectual property risk Circle’s position as the largest US holder of blockchain-related patents could affect companies building stablecoin, payments, interoperability, and enterprise ledger products.
The practical impact will depend on the language of individual patent claims and whether Circle chooses to enforce them. Any infringement dispute would also face review in US courts, where defendants can challenge whether a patent is valid or applies to their technology.
For Circle, the acquisition may provide protection as it expands beyond reserve income from USDC. Arc, Circle Payments Network, cross-chain services, and agent-based payment tools could expose the company to a broader set of technology competitors.
It may also strengthen Circle’s bargaining position in licensing or partnership negotiations. Still, without an enforcement policy, developers and competitors have limited visibility into whether the portfolio will function mainly as a defensive shield or a commercial asset.
CRCL falls despite initial reaction to IBM deal Fortune reported that Circle shares rose about 2% following news of the acquisition. That gain did not hold as separate concerns about the company’s USDC business weighed on CRCL on Aug. 3.
Circle shares fell nearly 5% to around $59 after Morgan Stanley downgraded the stock to underweight and cut its price target from $106 to $38. The bank cited weaker USDC supply forecasts, pressure on reserve income, and a potential shift toward lower-margin transaction revenue.
Morgan Stanley reduced its USDC supply estimates by 33% for 2027 and 44% for 2028. The downgrade was separate from the IBM patent acquisition, although both developments reflect Circle’s attempt to establish revenue sources beyond interest earned on USDC reserves.
Investors will now watch for details on how Circle intends to integrate, license, or enforce the patents. Until the company provides those details, claims that it will use the portfolio against competitors remain speculative.
Orbs spustil OIP-9, první formální komunitní návrh, který má schválit vznik Orbs DAO a základ decentralizovaného řízení projektu. Držitelé stakovaných ORBS by pak mohli hlasovat o vybraných rozhodnutích protokolu.
Decentralized layer 3 infrastructure project Orbs has introduced OIP-9, its first formal community governance proposal, seeking approval to establish the Orbs DAO and create the project’s initial decentralized governance framework.
The proposal would enable holders of staked ORBS tokens to participate in Snapshot voting on selected protocol decisions, with the implementation handled through DAO-controlled multisig wallets. Initial governance responsibilities would include oversight of Proof-of-Stake infrastructure, Guardian management, protocol upgrades and new network-level deployments.
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According to Orbs, the framework is designed to support progressive decentralization by gradually expanding the DAO’s authority as the community gains governance experience. Areas such as treasury management, protocol revenue and tokenomics could be transferred to the DAO in future proposals.
If adopted, the proposal would also provide the governance foundation for Orbs’ upcoming Season 1 tokenomics proposal while preserving an emergency mechanism that requires subsequent community approval.
Built on a decentralized Proof-of-Stake network, Orbs extends the capabilities of existing layer 1 and layer 2 ecosystems by enabling more complex smart contract logic and advanced trading functions. Its infrastructure powers a suite of DeFi protocols, including dLIMIT for on-chain limit orders, dTWAP for time-based orders, Liquidity Hub for optimized liquidity access, and Perpetual Hub for decentralized derivatives trading.
Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.
Menší bitcoinové převody pod 1 BTC dosáhly nejvyšší denní úrovně od listopadu 2022, když se přesunulo 39 600 BTC. Současně podezření na prolomení zabezpečení Coldcard dál zvyšuje obavy o bezpečnost self-custody.
Smaller Bitcoin transfers have reached levels not seen since the collapse of cryptocurrency exchange FTX amid an ongoing suspected Coldcard hack.
Bitcoin transfers below 1 BTC climbed to their highest daily level since November 2022 on Friday, with 39,600 BTC moved, according to data shared by CryptoQuant head of research Julio Moreno on Saturday.
The figure was just 300 BTC below the 39,900 BTC transferred on Nov. 16, 2022, days after FTX filed for bankruptcy. “The Bitcoin plebs had not moved this amount of BTC in a day since the FTX collapse,” Moreno said, adding that he was encouraged to see users “taking action.”
As the suspected Coldcard hack continues to unfold, the incident has become a broader test for Bitcoin self-custody, reigniting debate over whether users are better protected by controlling their own funds or relying on third-party platforms.
Incident ongoing as Galaxy tracks three attack wavesThe surge in small Bitcoin transfers came as researchers continued to uncover new victims of the suspected Coldcard hack, which first surfaced in late July and appeared to remain active at the time of publication.
Galaxy Research, the research arm of crypto investment company Galaxy Digital, reported Saturday that the latest identified wave drained an additional 207.7 BTC, worth about $13.2 million. The theft brought estimated losses to 1,367 BTC ($88.6 million) across 4,585 addresses.
Alex Thorn, Galaxy Digital’s head of firmwide research, warned in an X post on Sunday that the attack was still ongoing and urged users to move funds from Coldcard-generated addresses immediately if they had not already done so.
Thorn said his team continued to identify new victim and attacker addresses, adding that reports from users had helped researchers and authorities track stolen funds.
Coldcard incident reignites self-custody debateThe suspected Coldcard hack has reignited debate over the risks and benefits of Bitcoin self-custody, a core principle of crypto that allows users to control their funds without relying on third parties.
Nick Neuman, CEO of Bitcoin security company Casa, pushed back against claims that “self-custody is over,” arguing that its distributed nature gave users time to react. He estimated that potentially 10 times more Bitcoin was protected through self-custody than was stolen and identified in the attack so far.
The debate also drew responses from traditional finance supporters. Eric Balchunas, senior ETF analyst at Bloomberg, said that Bitcoin exchange-traded funds (ETFs) provide a safer and more convenient alternative for many users, pointing to the long operating history of the ETF industry. Others pushed back, saying the Coldcard incident was a failure of one wallet provider rather than a failure of self-custody itself.
Magazine: A quantum roadmap would push Bitcoin much higher: Charles Edwards
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According to official announcements, to support the MultiversX (EGLD) network upgrade, Bithumb will suspend EGLD deposit and withdrawal services starting from August 6 at 18:00 KST. The upgrade is scheduled to take place at 2:00 KST on August 7, and deposit/withdrawal services will resume once the network stabilizes. Trading functions remain unaffected.
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Michael Saylor: I have never sold any Bitcoin. MicroStrategy's BTC trading is part of the company's capital management activities.
Strategy founder Michael Saylor posted a statement clarifying that his earlier "Never Sell Your Bitcoin" stance was shared with other Bitcoin holders in his capacity as an individual investor. Saylor said he has never sold any Bitcoin, "not even a single satoshi". He emphasized that Strategy is a public company, not a personal wallet, and has publicly disclosed since 2020 that it may buy or sell BTC for capital management purposes. Saylor noted that Strategy and its investors’ long-term conviction in Bitcoin remains unchanged, adding that the company’s related operations are part of its corporate financial strategy, while his personal stance on holding Bitcoin stays consistent. Previously, the market had been monitoring whether Strategy would adjust its Bitcoin holding strategy; Saylor’s latest remarks aim to clearly distinguish between personal Bitcoin holding behavior and public company asset management decisions.
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Head of Amazon Cloud Business: AI Business Has Enormous Potential Scale
Amazon (AMZN.O)’s cloud unit head said clients are shifting from using its services to train AI models to integrating these models into their own business processes, a trend driving surging demand for inference computing. Matt Garman, CEO of Amazon’s Cloud Computing Division, said on Monday: “We still see some companies using large training clusters, but as these models grow more popular and powerful, more firms are integrating this inference capability into their own workloads.” He noted that the potential of the AI business is “extremely huge,” adding that the company will continue to increase capital expenditure to meet growing demand. As the world’s largest provider of computing power and data rental services, Amazon said last week it projects capital expenditure will reach $220 billion in 2026, up from its prior forecast of $200 billion. The spending hike reflects rising prices of storage chips and other components required for data centers.
2 hours ago
The US military stated that it will continue its maritime blockade of Iran, and has altered the routes of 44 merchant ships.
US Central Command stated local time on August 3 that the U.S. military remains strictly enforcing the maritime blockade against Iran. As of that day, the U.S. military has altered the routes of 44 commercial vessels, disabled two vessels, and boarded and inspected two others.
2 hours ago
US officials said there are currently no plans to hold new negotiations with Iran.
According to U.S. network CBS, citing a U.S. official, despite Trump’s earlier announcement that negotiations with Iran would begin Monday afternoon (local time), no new talks are currently scheduled. Instead, ongoing discussions are underway between U.S. Middle East envoy Witkoff, Kushner, and the U.S. negotiating team and Iran via intermediaries.
2 hours ago
In July, Ethereum ETFs attracted $365 million in net inflows, while the HYPE ETF saw net outflows.
In July’s crypto asset ETF fund flows, Ethereum (ETH) ETFs emerged as the biggest winner, posting a single-month net inflow of $365 million. Data shows Bitcoin (BTC) ETFs saw a net inflow of $172.43 million in July; Solana (SOL) ETFs had a net inflow of $14.62 million; XRP ETFs $27.29 million; Chainlink (LINK) ETFs $4.54 million; HBAR ETFs $3 million; and LTC ETFs $30,400. By contrast, HYPE-related ETFs were the only products to register a net outflow, with a July net outflow of $15.16 million. Overall, institutional capital allocations in July clearly favored the Ethereum ecosystem, as ETH ETFs attracted more funds than BTC ETFs, indicating sustained growing market demand for Ethereum-related assets.
2 hours ago
The Nasdaq’s gains expanded to 2%, with Google surging over 5% and Tesla rising 3.8%.
According to market data from Bit (Bit.com), the Nasdaq’s gain widened to 2%, the S&P 500 rose 1.3%, and the Dow rose 1%. Oracle (ORCL.N) climbed 7.3%, Google (GOOG.O) gained over 5%, Amazon (AMZN.O) and Microsoft (MSFT.O) rose over 4%, Tesla (TSLA.O) increased 3.8%, and Nvidia (NVDA.O) gained 3.2%.
NEAR Intents překročil v celkovém objemu transakcí 24 miliard dolarů a už zpracoval přes 25 milionů swapů. Současně NEAR spustil upgrade mainnetu 2.13 s quantum-safe podpisy a dynamickým reshardingem.
Intents Volume Hits $24 BillionNEAR Protocol says its Intents cross-chain execution layer has surpassed $24 billion in all-time transaction volume, according to the project's latest monthly development recap. The milestone reflects a sharp acceleration in adoption: the platform had only just crossed $20 billion in early June 2026, having reached $10 billion in January and $5 billion as recently as November 2025.
The growth rate has been notable. The first $5 billion took roughly 305 days, while more recent increments have arrived far faster. The platform has now processed over 25 million swaps and connects assets across dozens of chains. $NEAR Intents uses an intent-driven model in which competing solvers bid to fulfill user requests, handling cross-chain execution, atomic swaps, and bridging without requiring users to manage individual transactions manually.
Protocol 2.13 and a Broader Development PushAlongside the volume update, NEAR Protocol shipped its 2.13 mainnet upgrade on July 20. The release adds quantum-safe signing through the NIST-approved FIPS-204 (ML-DSA) scheme, making NEAR one of the first layer-1 blockchains to deploy a post-quantum signature standard in a live production environment. Dynamic resharding also went live with this upgrade, allowing the network to split shards automatically as demand grows, without requiring validator votes or manual intervention.
The monthly recap covered several additional developments. NEAR Protocol launched staking for AI compute, expanding the protocol's push into AI infrastructure. Confidential Intents, which enables private execution of transactions, was made generally available. The team also published a public roadmap and expanded cross-chain integrations, extending the reach of NEAR's chain abstraction stack.
The protocol's fee mechanics add a tokenomic dimension to the volume growth. 100% of NEAR Intents fees are used to purchase $NEAR directly on the open market, creating buy pressure that scales with transaction volume as the network approaches a deflationary threshold.
Sources:
PR Newswire: NEAR Protocol Brings Quantum-Safe Signing to Mainnet
Crypto Briefing: NEAR Intents Surpasses $20B in All-Time Transaction Volume
CryptoTimes: NEAR Launches Quantum-Safe Mainnet Upgrade With Resharding
Robinhood Chain se stal lídrem v počtu držitelů RWA s 365 212 unikátními adresami a předstihl Solanu i BNB Chain. Síť přitom spustila veřejný mainnet teprve 1. července 2026.
Robinhood Chain Takes the Lead in RWA Holders@RobinhoodCrypto has claimed the top spot in real-world asset (RWA) holder count, surpassing established Layer 1 networks with 365,212 unique addresses according to data from @Rwa_xyz. The milestone is especially striking given that the network only launched its public mainnet on July 1, 2026.
The chain sits ahead of @Solana (323,832 holders) and @BNBChain (299,884 holders) in the race to bring tokenized assets to a broad retail base. @plumenetwork, which has built RWA-native infrastructure from the ground up, follows with 249,276 holders, placing it ahead of @Ethereum at 221,314.
The speed of Robinhood's rise is explained in large part by its existing customer base. Unlike many blockchain projects that first focus on crypto-native users, Robinhood entered the space with millions of existing brokerage customers, and that distribution is translating into rapid adoption of real-world assets. The company can promote blockchain-based financial products directly to approximately 28 million funded brokerage accounts.
Context: Holder Count vs. Asset ValueThe holder count lead does not tell the full story. Ethereum's RWA value sits between $17 billion and $18 billion, while Solana's RWA market exceeds $3.3 billion. Robinhood's distributed asset value of $24.12 million is roughly 0.1% of what Ethereum's RWA ecosystem is worth. In other words, Robinhood Chain leads on breadth of participation, not depth of capital.
Activity on the chain has also been mixed in its early weeks. Tokenized assets are not yet the chain's dominant activity driver, with meme coin trading currently accounting for the majority of decentralized exchange volume, even though tokenized stocks are viewed as the network's long-term differentiator. More recently, however, momentum has shifted. The value of tokenized equities and related holdings has climbed rapidly, with the market capitalization of RWAs on the network growing approximately fivefold over a two-week span and exceeding the $70 million threshold.
Robinhood Stock Tokens are accessible in over 120 countries and issued as debt securities by Robinhood Assets (Jersey) Limited. The chain runs on the Arbitrum Orbit stack with 100-millisecond block times, integrations with Chainlink oracles for price feeds, and support for the Paxos-issued USDG stablecoin.
The broader RWA sector is expanding quickly as well. The number of RWA holders across all chains has grown to 1.09 million, up from around 375,000 a year ago. Whether Robinhood Chain can convert its holder lead into deeper balances and sustained transfer activity remains the key question for the months ahead.
Sources:
Crypto Briefing: Robinhood surpasses Solana in RWA holder count
CryptoPotato: Robinhood Chain becomes largest blockchain by RWA holder count
Crowdfund Insider: Robinhood Chain RWAs surge as tokenized stocks scale up
Solana tento týden hlasuje o dvou návrzích na úpravu tokenomiky $SOL: SIMD-0550 má urychlit deflační proces a SIMD-0553 zavést spalování podle spotřeby nákladových jednotek.
For years, $SOL holders have expressed concerns and frustrations over the network’s issuance rate.
At the current inflation rate of 3.715%, over ~23.4M $SOL (worth ~$1.56B), will be distributed among stakers over the next year, a figure ecosystem leaders argue is counter-productive to the needs of the network.
Fortunately for disgruntled $SOL holders, the network is set to vote on not one, but two critical governance proposals this week designed to resolve Solana’s tokenomics: SIMD-0550, and SIMD-0553.
Voting for SIMD-0550 and SIMD-0553 to Open This Week Nine months after Helius engineer _lostin_ first floated SIMD-0411, $SOL holders are finally able to actionably express their view on $SOL tokenomics. Alongside votes for the recently renamed disinflation proposal, SIMD-0550, $SOL stakers will also be able to vote on SIMD-0553, which aims to introduce a resource-based token burn mechanic.
Early votes are expected to go live today, on August 3rd. Consistent with Solana’s governance mechanics, proposals that receive support from at least 15% of stake are progressed to a final vote, where they are ultimately approved or rejected by the wider Solana ecosystem.
Unlike previous issuance-based proposals, like the infamously polarizing SIMD-0228, both SIMD-0550 and SIMD-0553 are expected to pass with flying colors. Both proposals have been met with resounding public support from all corners of the ecosystem, with the vast majority of network participants eager to see productive changes in $SOL tokenomics.
What can $SOL holders expect from each proposal?
SIMD-0550: Reduce Inflation Authored by Helius engineer _lostin_, SIMD-0550 is the formal successor to SIMD-0411, a proposal originally drafted in November 2025, and the spiritual successor to SIMD-0228. Where SIMD-0228 was divisive due to its complexity, SIMD-0550 is simple, both from a public understanding and a technical implementation.
SIMD-0550 promises to double Solana’s disinflation rate from 15% per year to 30% per year, effectively halving the time it will take for the network to reach its terminal inflation rate of 1.5%.
According to Helius’ 0xIcihgo, SIMD-0550 implementation reduces the time to terminal inflation by ~3 years, saving an estimated $1.5B in $SOL emissions. Reception to the proposal has been overwhelmingly positive, earning the seal of approval of Solana Labs founder Anatoly Yakovenko.
If approved, SIMD-0550 is expected to have a positive impact on $SOL price action. Advocates argue that reduced emissions will lead to reduced sell pressure from validator operators, who often need to liquidate rewards to meet operational costs.
SIMD-0553: Increase $SOL Burn Where SIMD-0550 is a simple rate-change designed to bring down inflation, SIMD-0553 is a more complex and ambitious proposal. Initially proposed as SIMD-0547, the document was renumbered at formalization, and is now referred to as SIMD-0553.
Authored by Temporal cavemanloverboy, the same engineer who single-handedly orchestrated a 100k-TPS spike of activity on the Solana Mainnet, SIMD-0553 seeks to introduce a resource-base fee burn. If approved, SIMD-0553 would programmatically remove $SOL tokens from circulation based on how much compute they consume.
Currently, Solana transaction costs are calculated based on several variables, including CU (compute unit) consumption, data load, and write locks. Under SIMD-0550, the network would add a base fee to every transaction, which scales based on its complexity.
Specifically, SIMD-0553 recommends charging and burning 0.1 lamport (one-billionth a $SOL) per cost unit requested. Effectively, the more complex the transaction, the higher the burn rate.
Critically, cavemanloverboy has asserted that SIMD-0553 will have a limited impact on non compute-intensive transactions, like market maker updates and validator voting costs, ensuring Solana maintains its competitive advantage for HFT.
Early estimates from various sources suggest that SIMD-0553 could increase Solana’s burn rate from anywhere between 2592-21,600 $SOL per day.
While implementing a resource-based burn mechanism is encouraged for $SOL scarcity and value accrual, the token is still far from net-deflationary. Blockworks data suggests that, currently, around 62k $SOL enters circulation via issuance everyday.
However, it’s important to note that this data is drawn from Solana’s existing network activity. At a fundamental level, upcoming technical improvements like Alpenglow, Agave 4.2, and a recent raise on the network’s block limit all facilitate greater scalability and onchain app diversity, which may accelerate resource-based burn rates in the future.
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Solana v červenci dosáhla sedmiměsíčního maxima aktivity, když na síti bylo aktivních asi 609 000 unikátních peněženek. Bitwise zároveň přes BSOL drží SOL za 891,9 milionu USD.
Solana is experiencing a marked surge in network adoption, as recent data shows a significant rise in wallet activity and robust institutional inflows. The blockchain platform, known for its high throughput and fast transaction times, continues to capture investor attention as both retail and institutional participation strengthen across its ecosystem.
Network activity and wallet growthAccording to data analytics platform SolanaFloor, July saw the number of active trading wallets on the Solana network reach a seven-month peak. Approximately 609,000 unique wallets engaged in trades, indicating renewed participation from both individual and institutional users. This upswing reflects growing confidence in the expansion of Solana-based decentralized applications and broader blockchain services.
The increase in active wallets is widely interpreted as a sign of deepening on-chain engagement, with users interacting across decentralized exchanges, DeFi platforms, and different token markets built on Solana. Sector analysts view rising wallet numbers as an encouraging sign for network adoption and liquidity, which could reinforce Solana’s long-term growth trajectory if the trend endures.
Over 609,000 unique wallets conducted trades in July, marking the highest level of activity on Solana in the past seven months and signaling renewed interest from both retail and institutional participants.
If this pattern persists, observers suggest that confidence in Solana’s ecosystem and its decentralized projects may continue to strengthen, supporting future development and broader adoption.
Institutional demand intensifies with Bitwise ETF inflowsInstitutional demand continues to play a critical role in Solana’s upward trajectory. According to figures compiled by analytics firm Arkham, asset manager Bitwise has now acquired $891.9 million worth of SOL through its BSOL exchange-traded fund, positioning it as the largest Solana-based ETF by assets.
This fund now accounts for nearly 80% of total Solana ETF inflows, underlining significant institutional demand as investors pursue regulated access to Solana’s blockchain network.
Through these sustained inflows, Bitwise has become one of the top holders of SOL, driving speculation that further acquisitions may occur if investor interest remains strong.
As exchange-traded funds must purchase the actual cryptocurrency when issuing shares, any additional investment in BSOL is expected to result in further accumulation of SOL for the fund.
Mini dictionary: Bitwise—An established asset management firm, Bitwise offers cryptocurrency index and single-asset funds to accredited and institutional investors, aiming to provide regulated pathways into various digital assets.
FundSOL holdings (USD)Share of ETF inflowsBitwise Solana ETF (BSOL)$891.9 million80%Other Solana ETFs$223 million (approx.)20%SOL price at key level amid cautious optimismDespite positive signs on-chain and continued ETF acquisitions, the price of SOL stands at $73.08, indicating neutral market sentiment. Noted crypto analyst BitGuru emphasized that SOL has now entered a crucial support zone, garnering increased attention from traders and market participants.
Buyers are starting to defend this level, which analysts suggest could signal the potential for renewed bullish momentum if the support holds. Historically, similar activity around key support regions has preceded upward moves in SOL’s price.
Market participants highlight that confirmation of a rebound from current support is essential for sustaining any potential uptrend in SOL, as trading activity intensifies around the $73 price level.
Technical analysts report that if trading volumes continue to recover, SOL could move toward resistance near $78. However, a breakdown of the current support zone may increase selling momentum and potentially push prices lower.
Price LevelStatus$73Support zone$78Resistance targetLooking ahead, market observers note that further progress for Solana will depend on buyers’ ability to maintain key support areas, along with sustained network and institutional engagement.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Cardano and Injective have successfully linked up through the Inter-Blockchain Communication protocol on testnet, creating a direct bridge between two ecosystems that previously had no native way to talk to each other.
The beta version went live on Injective’s testnet in June 2026, allowing ADA and INJ to be transferred back and forth between the two chains. Cardano decentralized applications can now swap tokens and exchange messages with protocols running on Injective’s testnet environment.
What IBC actually does here IBC is the interoperability standard that powers the Cosmos ecosystem. Instead of relying on third-party bridges, IBC enables direct chain-to-chain communication at the protocol level.
Cardano wasn’t originally built with IBC compatibility in mind. The chain runs on a fundamentally different architecture than Cosmos-based networks. Getting these two to communicate required significant engineering work through the cardano-ibc-incubator GitHub repository, which has served as the development hub for building direct transfer routes between Cardano and Injective.
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Injective activated its Cardano IBC module after an internal audit that resolved technical issues within the module itself. Stability improvements were also made to the cross-platform tools that support these interactions.
The integration doesn’t just cover token transfers. Message passing between DApps on both chains is also part of the package, which opens the door for more complex cross-chain applications down the line.
Two years in the making Cardano’s IBC integration effort traces back to June 2024, when the project began laying groundwork to connect with over 115 blockchains within the broader interchain ecosystem.
Injective is a Layer 1 blockchain built specifically for finance. It runs on the Cosmos SDK, which means IBC support is baked into its DNA. The heavy lifting on this integration was primarily on Cardano’s side, requiring the development of custom modules to translate between Cardano’s extended UTXO model and Injective’s account-based architecture.
Both teams have signaled plans to extend functionality to mainnet and integrate further into the broader Cosmos ecosystem, but no specific timeline has been announced for that transition.
What this means for investors The immediate practical impact is zero. Nothing changes for ADA or INJ holders today, because testnet tokens have no real-world value.
For ADA specifically, interoperability has been a persistent gap in the ecosystem’s pitch. Connecting to the Cosmos interchain via IBC would address one of the most common criticisms from outside observers: that Cardano’s DeFi ecosystem is too siloed.
The internal audit that preceded the testnet launch is encouraging, but mainnet will require far more rigorous security review.
Traders watching ADA and INJ should monitor development updates from the cardano-ibc-incubator repository and any announcements regarding mainnet timelines.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Flare získal povolení použít $FXRP jako kolaterál pro institucionální úvěry v Morpho-based $RLUSD Main vaultu na Sentora. Jde o první schválení reprezentace XRP jako kolaterálu v takovém vaultu.
Flare, a popular Ethereum-based L1 chain for trusted decentralized data access, has recently obtained an exclusive authorization for its wrapped $XRP, $FXRP. In this respect, Flare has gained the approval to use $FXRP as a collateral asset for institutional lending in the Morpho-based $RLUSD Main vault of the DeFi lending infrastructure provider, Sentora.
As per Flare’s official press release, the development lets users borrow $RLUSD without losing $XRP exposure by leveraging $FXRP in the form of collateral. The move denotes the 1st approval for an $XRP representation in the form of collateral within an institutionally curated vault for lending services.
$FXRP Broadens $XRP Use Cases in Ethereum-Based DeFi The authorization for Flare’s $FXRP for $RLUSD lending collateral in Sentora’s Morpho-based RLUSD Main vault is set to bolster the role of $XRP in the DeFi sector. The respective vault is effectively managing almost $280M in the form of deposited $RLUSD, becoming the biggest vault for institutionally curated $RLUSD on Ethereum.
The new $FXRP/$RLUSD market reportedly runs on Morpho Blue, which is a permissionless lending entity that lets consumers create separate lending markets. With the FAssets system of Flare, those holding $XRP can seamlessly mint $FXRP.
Additionally, they can also bridge the minted $FXRP to Ethereum, then deposit it in the form of collateral, and ultimately borrow $RLUSD tokens without the liquidation of $XRP in their holdings. The respective mechanism provides investors with consistent exposure to $XRP’s price while unveiling stablecoin liquidity for use across diverse DeFi applications.
Authorization Paves Way for Further DeFi Integration of $FXRP Hugo Philion, the CEO and Co-founder of Flare, said, “XRP is now collateral that an institutional risk team underwrites on Ethereum mainnet, which is a stronger form of recognition than another bridge listing.” So, this underscores another key step toward $XRP’s inclusion into mainstream DeFi.
Additionally, Jesus Rodriguez, the CTO-CPO and Co-founder of Sentora, mentioned, “By enabling FXRP as collateral in our RLUSD vaults, we are bringing that scale into DeFi and expanding the productive utility of XRP across onchain credit markets.”
According to Flare, the lending market is set to initially go live with a relatively conservative supply for risk management during the 1st stages. Simultaneously, $FXRP will stay under consistent monitoring via the institutional benchmarks set for the other authorized collateral assets. Overall, by making $FXRP a key $RLUSD collateral for institutions, the launch could push Morpho curators, DeFi applications, exchanges, and wallets to integrate it into additional lending markets.
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Crypto journalist with years of experience providing in-depth analysis and news on blockchain and decentralized finance. With a keen eye for detail, Shahzaib delivers insightful articles that explore the latest trends, market movements, and innovations within the crypto and blockchain ecosystem. His work focuses on educating readers while offering expert commentary on the evolving landscape of digital assets, DeFi protocols, and the broader impact of blockchain technology.
PANews August 3 news, according to an official announcement, Gate released its latest reserve report. As of July 27, 2026, the platform's overall reserve ratio reached 117%, significantly exceeding the industry safety benchmark of 100%. The reserves cover nearly 500 different types of user assets, continuously protecting user asset security through a verifiable mechanism. Among them, the scale of core asset reserves maintained a growth trend. The user BTC asset scale grew from 19,054 tokens in the previous period to 21,557 tokens, with the platform holding 26,775 tokens in reserve, representing an excess reserve ratio of 24.2%; user ETH assets increased from 344,935 tokens in the previous period to 374,348 tokens, with the platform's reserve holdings also growing from 423,960 to 456,798 tokens, and an excess reserve ratio of 22.02%.
In terms of stablecoins, the total user assets of USDT, USDC, USD1 and GUSD were 1.336 billion tokens, with corresponding platform reserves totaling 1.59 billion tokens, resulting in a comprehensive reserve ratio of 118.97% and an excess reserve ratio of 18.97%, reflecting the platform's emphasis on user asset security and its ability to maintain ample liquidity. Additionally, the reserve ratios for major assets such as GT and XRP were also significantly above the 100% reserve standard, reaching 131.13% and 116.5% respectively. Gate's latest reserve report shows that its core asset reserve scale remains robust, providing strong protection for the security of user funds and the stability of platform operations.
Hyperliquid rozšířil TWAP objednávky o trigger price, dynamické intervaly a dobu až sedm dní. Minimální velikost objednávky klesla na 100 USD notional, přičemž jednotlivé subobjednávky vyžadují jen 10 USD notional.
Hyperliquid just made it significantly harder for centralized exchanges to claim they offer superior order tooling. The Layer 1 blockchain built for decentralized trading rolled out a sweeping upgrade to its Time-Weighted Average Price (TWAP) order system, adding trigger prices, min/max price boundaries, durations up to seven days, and dynamic suborder intervals.
What changed, and why traders should care Previously, Hyperliquid’s TWAP implementation was functional but rigid. Traders were stuck with fixed 30-second suborder intervals, a maximum slippage cap of 3% per suborder, and relatively high minimum order sizes.
Trigger prices now allow TWAP orders to activate only when the mark price reaches a specified level. You can set a TWAP to start executing only if Bitcoin hits $65K, rather than having it fire immediately upon submission.
Max and min price boundaries add another layer of protection. If you’re running a buy order and the price spikes above your maximum threshold, the order terminates automatically. Same logic applies in reverse for sells.
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Duration has been extended to seven days. This went into effect on August 1, 2026, at 09:00 UTC.
Dynamic suborder intervals allow the system to calculate intervals based on the total order size and duration. The minimum interval remains 30 seconds for new orders, but the spacing can stretch longer depending on how the order is configured.
Minimum order size dropped to $100 notional, with individual suborders requiring just $10 notional.
The institutional angle Hyperliquid now supports over 300 perpetual and spot markets with sub-second finality, alongside advanced order types including both TWAP and Chase orders. The fully onchain nature of these orders means the execution logic lives on the blockchain itself, replacing trust with transparency rather than relying on a centralized exchange’s matching engine.
What this means for the competitive landscape The trigger price feature is a good example of Hyperliquid moving beyond standard CEX functionality. Many centralized exchanges offer basic TWAP functionality, but conditional activation based on mark price is less common. Pairing that with onchain transparency and self-custody creates a value proposition that’s genuinely difficult for centralized platforms to replicate.
The $100 minimum order size lowers the barrier to entry for TWAP orders beyond institutional participants. A retail trader running a seven-day TWAP on a $500 position, multiplied across thousands of users, produces a meaningful liquidity impact.
The risk, as always with onchain systems, is smart contract vulnerability. More complex order logic means more potential attack surface. That said, Hyperliquid’s track record of operating at scale with sub-second finality across hundreds of markets provides some reassurance that the infrastructure is battle-tested.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Smarter Web Company has acquired an additional 11.89 Bitcoin, pushing its corporate treasury to 2,712 BTC. This August 3 transaction marks the resumption of strategic accumulation following a temporary reduction in holdings to resolve financing obligations. The purchase aligns with the organization’s multi-year Bitcoin acquisition framework outlined in its 10 Year Plan.
Recent Acquisition Pushes Holdings Beyond Previous Month’s Level According to the company, the purchase price averaged £47,052 per Bitcoin, equivalent to approximately $63,328. This transaction elevated the treasury from precisely 2,700 BTC to its current 2,712 BTC level. BitcoinTreasuries.NET currently positions the organization as the 28th largest corporate Bitcoin holder globally.
This acquisition comes after the firm completed early settlement of its $11.7 million Smarter Convert financing arrangement in July. To fulfill that commitment, management liquidated 177.8909127 BTC at an average price of $65,762 per coin. The transaction eliminated debt obligations ahead of the scheduled maturity date while temporarily decreasing Bitcoin reserves.
Retiring the convertible instrument also eliminated 7,718,551 contingent ordinary shares from the fully diluted share calculation. Investment firm TOBAM along with associated parties facilitated the early settlement arrangement. Nevertheless, company leadership maintained its broader Bitcoin accumulation strategy unchanged despite settling the financing vehicle.
Average Acquisition Cost Exceeds Current Market Valuation Management reports the firm’s net average purchase price at £82,886 per Bitcoin, translating to roughly $111,548 per coin. Bitcoin was trading around $63,000 at the time of this most recent purchase. Therefore, the treasury maintains a substantial unrealized loss based on current market valuations versus historical acquisition costs.
Total gross Bitcoin investments have accumulated to £233.5 million, while net investments stand at £224.8 million following historical disposals. This variance accounts for previous sales, including the July liquidation for convertible settlement. The recent purchase demonstrates management’s commitment to rebuilding reserves after that strategic reduction.
During the second quarter of 2026, the organization recorded a negative 4.80% Bitcoin yield metric. This calculation measures Bitcoin holdings relative to the company’s fully diluted share base. The negative reading indicated declining per-share Bitcoin exposure throughout the quarter.
Credit Facilities Enable Ongoing Digital Asset Accumulation Current borrowing from a Coinbase credit line totals £18.5 million at a floating 6% annual interest rate. This leverage equates to roughly 17% of the firm’s Bitcoin position value. Market price fluctuations and borrowing expenses substantially impact overall treasury performance metrics.
August 3 also saw the company generate £1.016 million through combined share placements and warrant conversions. During this capital raising activity, warrant holders converted 2.875 million instruments into ordinary shares. These transactions brought the total outstanding share count to 374.84 million.
Smarter Web Company initiated systematic Bitcoin acquisitions in 2025 as part of its treasury diversification strategy. Holdings reached 2,470 BTC by September following a 30 BTC purchase and expanded custody arrangements with Coinbase Institutional. An October transaction adding 100 BTC subsequently increased reserves to 2,650 BTC under the same strategic framework.
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Editor-in-Chief of Blockonomi and founder of Kooc Media, A UK-Based Online Media Company. Believer in Open-Source Software, Blockchain Technology & a Free and Fair Internet for all. His writing has been quoted by Nasdaq, Dow Jones, Investopedia, The New Yorker, Forbes, Techcrunch & More. Contact [email protected]
Coldcard čelí čtvrté koordinované vlně útoků, při níž bylo z 462 adres odčerpáno přibližně 388,9 BTC ve 14 blocích. Některé prostředky už byly přesunuty na jiné adresy.
Coldcard users are facing a fourth wave of organized theft, and the numbers are no longer rounding errors. Alex Thorn, Head of Research at Galaxy Research, flagged a fresh burst of malicious activity that siphoned approximately 388.9 BTC from 462 victim addresses in just 14 blocks—between 960,778 and 960,792. The attack generated 218 transactions funneling bitcoin into 216 previously unseen destinations. Transaction volume spiked to roughly 45 times the pre-incident baseline, leaving little doubt that this was a deliberate, structured operation.
The warning came via the original report, which also notes that some of the stolen funds have already been traced to second-hop addresses. Similar transactions remain pending in the mempool, indicating the sweep isn’t fully processed. Confirmed on-chain activity shows a signaled opt-in for Replace-by-Fee (RBF), a detail that could offer a narrow escape path for victims who act fast.
The Latest Attack Wave What separates this wave from opportunistic theft is the speed and coordination. The 462 addresses were hit in a tight block window, with the outflow moving to destinations that hadn’t been used before. That pattern—fresh addresses, high-velocity consolidation, and volume far above normal—suggests pre-planned scripts rather than a manual actor. The theft occurred on a weekend, when many users may not have been monitoring transactions. Galaxy Research noted that some funds were already swept to second-hop wallets, complicating track-and-trace efforts and making recovery unlikely without immediate intervention.
The RBF flag offers a lifeline, but only for those who notice the attack while their transactions are still replaceable. Users with pending, unconfirmed outgoing transactions that haven’t been broadcast with a low fee could potentially accelerate a competing transaction to a safe address. It’s a slim window, and it requires technical awareness. For most victims, the funds are already gone.
Pattern of Organized Theft This isn’t the first ride for Coldcard owners. According to Galaxy Research, earlier waves identified three separate attack campaigns targeting Coldcard-generated addresses. Cumulatively, those waves drained 1,367.05 BTC from 4,585 addresses—worth roughly $88.6 million at the time of the thefts. The earlier incidents pushed Coldcard to acknowledge a firmware vulnerability that allowed attackers to derive private keys from seeds created on affected devices.
The hardware manufacturer halted shipments and destroyed all remaining COLDCARD devices with the vulnerable firmware. Satscard, Opendime, and Tapsigner products were unaffected. Coldcard released a patched firmware that protects newly generated seeds, but the fix is not retroactive. Any seed created on the vulnerable firmware remains compromised. The firm’s guidance is blunt: create a new seed on patched firmware and move all funds off old seeds immediately. The fourth wave shows that many users have not yet done so, and attackers are exploiting that inertia systematically.
Coldcard’s Response and User Guidance Coldcard’s decision to halt shipments and destroy inventory was a drastic but necessary step that other hardware vendors rarely take publicly. It signaled that the vulnerability was not a theoretical edge case. Yet the patch rollout exposes the friction inherent in self-custody. Users must generate a new seed phrase, a process that forces a complete change of wallet addresses and often requires updating connected software wallets, multisig setups, and backup procedures. That migration is not trivial, and the ongoing attack waves are punishing anyone who delayed.
For those still holding funds on a seed that originated on the vulnerable firmware, the advice from Galaxy Research is urgent: move funds off Coldcard devices now, use higher-than-usual fees to push transactions through, and exploit RBF if your wallet supports it. The address drain in the fourth wave indicates that attackers are actively monitoring the network for remaining balances.
Broader Implications for Self-Custody The Coldcard episode is more than a hardware bug—it exposes the supply-chain and lifecycle risks baked into self-custody. Users trust firmware that ships from a manufacturer, and even open-source verification processes can be skipped. When a seed generation flaw goes unnoticed for months, the subsequent cleanup is messy and slow. The fact that four distinct attack waves could occur, each months apart, suggests that the attacker is patient and has a reliable method for matching seeds to addresses, likely from a dumped extract of the weak randomness period.
What’s still unclear is whether the attacker holds all of the compromised seed list or only a subset, and whether additional vulnerabilities exist in earlier firmware versions that Coldcard hasn’t disclosed. The sustained nature of the attacks indicates that the list may be large, and the 462 addresses in this wave may be only the latest batch. If the attacker continues sweeping systematically, total losses could climb further. For the broader hardware wallet market, the fallout is a reminder that firmware audits and transparent vulnerability reporting are not optional—they are the core of the product’s security promise.
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Max delves deep into the cryptocurrency realm, with a passion for altcoins and NFTs. Convinced of crypto's transformative potential, he envisions a decentralized financial future. Max's background in the financial sector grants him unique insights into global monetary systems. In his leisure, Max embraces the thrill of adventures and is an avid sports enthusiast, finding balance and rejuvenation away from work.
Ripple oznámil dvě strategické investice do Zilo a Lucuido, aby přesunul regulovanou emisi fondů, vypořádání a pohyb kolaterálu na XRP Ledger.
Firma nezveřejnila výši investic.
The company has made two new strategic investments, aiming to bring regulated fund issuance, settlement, and collateral mobility onto the XRP Ledger.
Ripple has expanded its digital capital markets strategy. The company announced today investments in Zilo and Lucuido – two firms that are focused on developing infrastructure for tokenized funds and institutional asset trading.
The move builds on existing partnerships with both firms. Ripple did not disclose the size of either investment.
Speaking on the matter was Nigel Khakoo, SVP, Trading and Markets at Ripple, who said:
“… ZILO and Licuido provide core capabilities that are essential to further scaling this shift: regulated digital transfer agency infrastructure and liquidity for issuance and collateral mobility. This is just the beginning of the journey, and we see a substantial opportunity to bring huge efficiencies to the investment sector over the next decade.”
ZILO provides transfer agency and fund administration technology. Its systems give asset managers and custodians regulated digital records for tokenized share classes. Licuido, on the other hand, operates an FCA-regulated platform that supports the issuance, distribution, trading, and use of traditional assets as digital collateral.
Ripple plans to integrate these capabilities with its infrastructure on the XRP Ledger. The company wants institutions to issue tokenized assets, hold them in custody, move them between investors, and use them as collateral without relying on legacy systems.
Naturally, RLUSD will serve as the regulated cash component for delivery-versus-payment transactions. This structure is designed to allow the asset and payment sides of a trade to settle together on XRPL.
The investments also support Ripple’s recent push to build a broader institutional platform around tokenization, payments, stablecoins, and trading. Last month, the firm launched Ripple Mint and made an investment in compliance provider Notabene. This strengthens the infrastructure that’s available to institutions using RLUSD.
You may also like: July’s Biggest Ripple (XRP) Stories: RLUSD Expansion, AI, and Institutional Adoption Ripple (XRP) News and Price Update: July 27 Do People Interested in XRP Actually Care About Ripple? It’s also noteworthy that the company has worked with Aviva Investors, Franklin Templeton, and DBS on tokenized fund and collateral projects. Ripple said that ZILO and Licuido will help turn those individual partnerships into infrastructure that asset managers can use at scale.
Coinbase v první polovině roku 2026 zvýšila držbu na 17 311 BTC o 12,5 %, zatímco držbu Etherea snížila jen mírně na 150 279 ETH. Reálná hodnota kryptoměnového portfolia přesto klesla z 1,99 miliardy USD na 1,47 miliardy USD.
Coinbase increased its Bitcoin holdings during the first half of 2026 even as the overall value of its digital asset portfolio declined. The latest figures show the exchange continues to strengthen its Bitcoin treasury while slightly reducing its Ethereum exposure, signaling a cautious shift in its balance sheet strategy as market conditions remain volatile.
Bitcoin Holdings Rise While Ethereum SlipsAs of June 30, Coinbase held 17,311 BTC, up 12.5% from 15,389 BTC at the end of 2025. The company added 1,922 BTC during the first six months of the year, reinforcing its long-term confidence in Bitcoin.
Ethereum holdings, however, moved in the opposite direction. Coinbase ended the period with 150,279 ETH, down 0.6% from 151,175 ETH at the end of last year. While the reduction is relatively small, it highlights a noticeable divergence in the company’s allocation between the two largest cryptocurrencies.
Despite accumulating more Bitcoin, the fair value of Coinbase’s crypto portfolio dropped from $1.99 billion to $1.47 billion, reflecting the broader decline in digital asset prices during the first half of 2026.
Stronger Treasury, But Business Faces PressureCoinbase recently reported its second-quarter financial results, offering more insight into the company’s performance before entering August.
Revenue came in at $1.22 billion for the quarter ended June 30, down 14% quarter-over-quarter and 19% year-over-year as crypto trading activity slowed across the industry.
The company posted a GAAP net loss of $359 million, although much of the loss stemmed from non-operating items, including a $209.5 million non-cash markdown on crypto assets, $52.4 million in restructuring charges, and $238 million in stock-based compensation.
On an adjusted basis, Coinbase remained profitable, reporting Adjusted EBITDA of $208 million.
Although overall crypto trading activity weakened, Coinbase continued gaining market share. Its share of global crypto trading volume increased to 10.3%, up from 9.1% in the previous quarter, setting a new company record.
The exchange also continued expanding beyond trading. Subscription and services revenue reached $555 million, accounting for 48% of total net revenue. Coinbase noted that 88% of its net revenue now comes from businesses outside Bitcoin spot trading, including staking, stablecoins, subscriptions, derivatives, and other products.
August Remains a Key TestOn the other hand, Coinbase stock entered August after gaining 6.76% in July, recovering from June’s weakness. However, August has historically been its weakest month since listing on Nasdaq.
The stock fell 19.28% in August 2023, 18.27% in August 2024, and 19.38% in August 2025, making this month another important test for investor sentiment.
Wall Street also remains divided. Rosenblatt maintained an Outperform rating with a $240 price target, expecting growth from derivatives and prediction markets. Meanwhile, JPMorgan lowered its target from $283 to $196, citing concerns that Coinbase’s revenue-sharing agreement with Hyperliquid could reduce future income from USDC reserves.
With Bitcoin holdings increasing and Ethereum exposure remaining largely unchanged, Coinbase’s treasury strategy is showing a stronger preference for Bitcoin. Whether that allocation trend continues through the second half of 2026 could become an important development for the market.
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Největší pozornost míří na PROVE: 5. srpna se odemkne asi 208 milionů tokenů, tedy zhruba 104,17 % současné cirkulující nabídky. To může výrazně zvýšit volatilitu.
Kripto para piyasasında yatırımcıların yakından takip ettiği token kilit açılışları (token unlock) yeni haftada da gündemin önemli başlıklarından biri olacak. 3-9 Ağustos tarihleri arasında PROVE, HYPE ve ENA başta olmak üzere birçok projede milyonlarca dolarlık token dolaşıma girecek. Özellikle dolaşımdaki arzın büyük bölümünü etkileyecek PROVE unlock’u, yatırımcıların en dikkatle izlediği gelişmeler arasında yer alıyor.
PROVE Tokenında Dev Kilit Açılışı Yeni haftanın en dikkat çeken token unlock’u Succinct Labs ekosistemine ait PROVE tokenında gerçekleşecek. Paylaşılan verilere göre 5 Ağustos’ta yaklaşık 208 milyon PROVE tokenının kilidi açılacak. Bu miktar, mevcut dolaşımdaki arzın yaklaşık %104,17’sine denk gelirken, güncel piyasa değeri yaklaşık 35,4 milyon dolar olarak hesaplanıyor. Dolaşımdaki arzın tamamından daha büyük bir miktarın serbest kalacak olması, PROVE fiyatında yüksek volatilite yaşanabileceğine işaret ediyor.
İlginizi Çekebilir: Arthur Hayes Ethereum ve Bu 2 Altcoin’i Sattı!
Haftanın dikkat çeken diğer iki token kilit açılışı ise Hyperliquid (HYPE) ve Ethena (ENA) projelerinde gerçekleşecek. HYPE tarafında 6 Ağustos’ta yaklaşık 433 bin token dolaşıma girecek. Kilit açılışının değeri yaklaşık 22,67 milyon dolar olurken, bu miktar dolaşımdaki arzın yalnızca %0,19’una karşılık geliyor. Öte yandan Ethena (ENA) için 5 Ağustos’ta yaklaşık 171 milyon token serbest bırakılacak. Yaklaşık 15,1 milyon dolar değerindeki unlock, dolaşımdaki arzın %1,97’sini oluşturuyor.
Token Unlock’lar Neden Önemli? Token kilit açılışları, daha önce belirli süre boyunca kilitli tutulan tokenların dolaşıma girmesi anlamına geliyor. Bu tokenlar genellikle ekip üyeleri, erken dönem yatırımcılar, danışmanlar veya ekosistem teşvik programları için ayrılıyor. Kilit açılışı sonrasında yatırımcıların satış yapması durumunda piyasadaki arz artabileceği için fiyat üzerinde kısa vadeli baskı oluşabiliyor. Ancak unlock miktarı, dolaşımdaki arz oranı ve piyasa likiditesi gibi faktörler fiyat üzerindeki etkinin büyüklüğünü belirleyen en önemli unsurlar arasında yer alıyor.
Piyasa analistleri, özellikle dolaşımdaki arzın tamamını aşan büyüklükte token unlock’u gerçekleştirecek projelerde volatilitenin belirgin şekilde artabileceğini belirtiyor.
Değerlendirme 3-9 Ağustos haftasında gerçekleşecek token kilit açılışları arasında en dikkat çeken proje PROVE olarak öne çıkıyor. Dolaşımdaki arzın %104’ünü aşan unlock miktarı, fiyat hareketlerinin sertleşmesine neden olabilir. HYPE ve ENA tarafındaki kilit açılışları ise daha sınırlı arz etkisine sahip olsa da yatırımcıların yakından takip etmesi gereken gelişmeler arasında yer alıyor. Token unlock dönemlerinde yatırımcıların yalnızca açılacak token miktarını değil, ekip cüzdan hareketlerini, işlem hacmini ve piyasa likiditesini de birlikte değerlendirmesi daha sağlıklı kararlar alınmasına yardımcı olabilir.
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This is a general Binance Exchange Notice. Products and services referred to here may not be available in your region. Fellow Binancians, At Binance, we periodically review each digital asset we list to ensure that it continues to meet a high level of standard and industry requirements. When a coin or token no longer meets these standards or the industry landscape changes, we conduct a more in-depth review and potentially delist it. Our priority is to ensure the best services and protections for our users while continuing to adapt to evolving market dynamics. When we conduct these reviews, we consider a variety of factors. Below are the updated metrics we look at that influence whether we decide to delist a digital asset: Commitment of team to projectLevel and quality of development activityTrading volume and liquidityStability and safety of network from attacksLevel of public communication, community engagement, and transparencyResponsiveness to our periodic due diligence requestsEvidence of unethical/fraudulent conduct or negligenceNew regulatory requirementsMaterial/unjustified increase in token supply or changes to tokenomicsImpact from changes to the project’s ownership structure or to the core team membersCommunity sentiments Based on our most recent reviews, we have decided to delist and cease trading on all spot trading pairs for the following token(s) at 2026-08-17 03:00 (UTC): Across Protocol (ACX)Hashflow (HFT)PIVX (PIVX)Vulcan Forged PYR (PYR)Vanar (VANRY)Viction (VIC) Please note: Binance will not support the Vanar (VANRY) contract swap plan.According to the Vanar (VANRY) project team’s plan, users who wish to swap the current VANRY token need to proceed with the swap themselves via the project’s migration portal. Binance will not handle the token swap.Binance will keep withdrawals open for VANRY token via the Ethereum (ERC20) and Polygon POS networks.The delisting schedule may or may not apply to the products listed below, depending on their association with the token(s) being delisted.There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise. Spot The spot trading pair(s) of the aforementioned token(s) will be removed.All trade orders will be automatically removed after trading ceases in each respective trading pair. Binance will terminate Trading Bots services for the aforementioned spot trading pairs at 2026-08-17 03:00 (UTC), where applicable. Users are strongly advised to update and/or cancel their Trading Bots prior to the cessation of Trading Bots services to avoid any potential losses. Binance Spot Copy Trading will delist the aforementioned spot trading pairs on 2026-08-10 03:00 (UTC) - After this time, any outstanding assets will be force-sold at market price or moved to the Spot Account if the amount is unsellable. Users are strongly advised to update or cancel their Spot Copy Trading portfolios prior to Binance Spot Copy Trading delisting time to avoid potential losses. Accounts The token's valuation will no longer be displayed in users’ accounts after delisting. To view their assets after trading ceases, users should ensure they have not selected “Hide Small Balances” in all of their accounts.Deposits of these token(s) will not be credited to users’ accounts after 2026-08-18 03:00 (UTC). Withdrawals of these token(s) from Binance will not be supported after 2026-10-17 03:00 (UTC). Delisted tokens may be converted into stablecoins on behalf of users after 2026-10-18 03:00 (UTC). Please note that the conversion of delisted tokens into stablecoins is not guaranteed. A separate notification will be made before the conversion where applicable, and the stablecoins will be credited to users’ Binance accounts after the conversion. In situations where token conversion is not feasible, Binance will keep withdrawals open, subject to network availability. Futures Binance Futures will close all positions and conduct an automatic settlement on the contracts of the aforementioned token(s) at 2026-08-07 09:00 (UTC). The contracts will be delisted after the settlement is complete. Users are advised to close any open positions prior to the delisting time to avoid automatic settlement. Users are not allowed to open new positions for the contracts of the aforementioned token(s) starting from 2026-08-07 08:30 (UTC). In order to protect users and prevent potential risks in extremely volatile market conditions, Binance Futures may undertake additional protective measures toward the contracts of the aforementioned token(s) without further announcements, including but not limited to adjusting the maximum leverage value, position value, and maintenance margin in each margin tier, updating funding rates, such as the interest rate, premium and capped funding rate, changing the constituents of the price index, and using the Last Price Protected mechanism to update the Mark Price. Funding Rate Arbitrage Bot At 2026-08-07 09:00 (UTC), Binance Funding Rate Arbitrage Bot will close all arbitrage strategies and conduct an automatic settlement on the symbols of the aforementioned token(s). The pairs will no longer be available for opening new arbitrage strategies upon delisting. Simple Earn Binance Simple Earn will delist the token(s) mentioned above after 2026-08-10 07:00 (UTC). Users may choose to redeem their Flexible and Locked Products positions beforehand. Otherwise, these Flexible and Locked Products positions will be automatically redeemed at the above-mentioned time, and subsequently transferred to users’ Spot Accounts, together with any accrued rewards. Dual Investment Binance Dual Investment will cease support for the aforementioned token(s), and users will not be able to subscribe to these products starting from the subsequent Friday at 08:00 (UTC). Unsettled subscriptions will be refunded on the subsequent Friday at 08:00 (UTC). The asset, including rewards, will be distributed to users’ Spot Accounts within 4 hours. The rewards will be calculated based on the actual subscription period. Mining Pool Binance Pool will cease support for mining the token(s) mentioned above at 2026-08-07 3:00 (UTC). Your final payment will be settled on the following day. We strongly advise all users to stop mining the token(s) before Binance Pool ceases mining support for the token(s) to avoid any potential losses. Loan At 2026-08-07 07:00 (UTC) VIP Loan and Flexible Loan will close all outstanding loan positions for the aforementioned token(s) as loanable token(s) and collateral token(s). Users are strongly advised to repay their outstanding loans before the automatic closure to avoid any potential losses, where applicable. Margin Cross Margin & Isolated Margin Binance Margin will delist the aforementioned token(s) from Cross and Isolated Margin at 2026-08-07 10:00 (UTC) (the “Margin Scheduled Delisting Time”). The cross and isolated margin pair(s) of the aforementioned token(s) will be removed from Margin. Effective immediately, users will no longer be able to transfer any amount of the aforementioned token(s) via manual transfers and Auto-Transfer Mode for Cross and Isolated Margin into their Margin Accounts. If users hold outstanding liabilities of said tokens, these users may only manually transfer up to the amount of liabilities of that token into their Margin Accounts, less any collateral already available.At 2026-08-04 06:00 (UTC), Binance Margin will suspend borrowings on the aforementioned cross margin token(s) and isolated margin pair(s). At the Margin Scheduled Delisting Time, Binance Margin will close users’ positions, conduct an automatic settlement, and cancel all pending orders on the aforementioned isolated margin pair(s), which will then be removed from isolated margin.At the Margin Scheduled Delisting Time, if users hold both collateral and liabilities of the aforementioned token(s) on cross margin, the collateral will be used to repay the respective liabilities. If there are remaining collateral or liabilities of the aforementioned token(s), one of two options below will occur:If users only hold the aforementioned token(s) in the form of collateral: If the Collateral Margin Level (CML) is above 2, the aforementioned token(s) will be transferred to users’ Spot Accounts, up to the point when the CML reaches 2. The remaining token(s) in their Cross Margin accounts that are to be delisted will then be fully sold. If the CML is below 2, the remaining token(s) in users’ Cross Margin Accounts that are to be delisted will be fully sold. If users only hold the aforementioned token(s) in the form of liabilities:If CML is at or above 2, pending orders will not be affected. If the CML is below 2, all pending orders in their Cross Margin Accounts will be canceled. The system will then sell other collateral tokens to buy and fully repay the delisting token(s)’ liabilities.Please note that users will not be able to update their positions during the delisting process, which may take approximately 3 hours. Users are strongly advised to close their positions and/or transfer their assets from Margin Accounts to Spot Accounts prior to the cessation of margin trading. Binance will not be responsible for any potential losses. Portfolio Margin If the aforementioned token(s) remain in the Portfolio Margin Account after the Margin Scheduled Delisting Time, they will be automatically liquidated. The delisted margin assets will be sold for USDT, and the proceeds will be added to the user's Portfolio Margin balance. Binance is not liable for any losses incurred.Portfolio Margin users are advised to transfer the aforementioned token(s) out of their Margin Accounts to their Spot Accounts and to top up their margin balance before the Margin Scheduled Delisting Time where applicable. Users should monitor the Unified Maintenance Margin Ratio (uniMMR) closely to avoid any potential liquidation that may result from the removal of the aforementioned token(s) from the Margin Account. Please Note: For futures perpetual contracts, please refer to the relevant Futures announcements. Refer to this FAQ for more information on how any remaining balances of the aforementioned token(s) in Portfolio Margin users’ Margin Accounts will be treated. Convert Binance Convert will subsequently delist the aforementioned token(s) and all associated pair(s) at 2026-08-17 02:00 (UTC)Convert Low-Value Assets will delist the token(s) mentioned above at 2026-08-14 02:00 (UTC). Users may choose to convert the low-value assets beforehand. Buy & Sell Binance Buy & Sell Crypto will delist the aforementioned token(s) and all associated pair(s) at 2026-08-04 03:00 (UTC). Gift Card Binance Gift Card will delist the token(s) mentioned above at 2026-08-17 03:00 (UTC). Users are encouraged to manage Gift Cards containing these token(s) in advance to avoid any inconveniences. Pay Binance Pay will delist the aforementioned token(s) at 2026-08-07 03:00 (UTC). We thank you for your support as we continue to build the crypto ecosystem in a way that promotes transparency and long-term, sustainable growth. Thank you for your support! Binance Team 2026-08-03
USA uvalily sankce na dvě íránské firmy kvůli údajnému pojistnému systému pro lodě v Hormuzském průlivu, který měl financovat IRGC. Platby podle ministerstva financí zahrnovaly Bitcoin i další digitální aktiva.
The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions on two Iranian companies central to what it describes as an illicit insurance program targeting commercial ships navigating the Strait of Hormuz.
Announced on July 29, 2026, the designations target entities accused of compelling vessels to purchase coverage framed as protection against risks that Iran itself largely generates, while channeling proceeds toward the Islamic Revolutionary Guard Corps (IRGC).
The sanctioned firms are the Persian Gulf Marine Insurance Company (PGMIC) and HormuzSafe Marine Services Authority, also referred to as Hormuz Safe.
According to Treasury officials, these organizations facilitate IRGC-endorsed policies that vessels must obtain to pass through the strategic waterway.
The coverage supposedly addresses threats such as ship seizures, yet authorities emphasize that Iran is primarily responsible for creating those very dangers.
Payments under the arrangement have included Bitcoin and other digital assets, which the regime has used in efforts to circumvent international financial restrictions.
Hormuz Safe, developed under Iran’s Ministry of Economy, markets itself as a provider of digital maritime services encompassing insurance, traffic management, security, and emergency assistance for ships in the strait.
Treasury notes that it accepts cryptocurrency payments specifically to sidestep Western sanctions and generates funds on behalf of the IRGC, thereby enhancing the regime’s influence over regional shipping.
The company was promoted on social media by Babak Morteza Zanjani, an Iranian financier previously sanctioned by the United States.
PGMIC, established by Iran’s primary insurance regulator, the Central Insurance of the Islamic Republic of Iran, acts as a broker for policies approved by the Persian Gulf Strait Authority (PGSA).
The PGSA, an IRGC-linked body, had itself been designated by OFAC in May 2026 for providing material support to the Guard Corps.
Both newly sanctioned companies were targeted under Executive Order 13902 for their activities in Iran’s financial sector.
Treasury Secretary Scott Bessent highlighted the economic pressures facing Iran, stating that with the economy in freefall and inflation reaching triple digits, the regime is urgently seeking revenue sources.
He underscored that the United States will not permit Iran to leverage global commerce or shipping routes to finance IRGC activities involving terrorism, aggression, or internal repression.
In parallel actions, OFAC designated several companies and identified multiple tankers as blocked property for their roles in transporting Iranian crude oil and petroleum products.
These vessels form part of Iran’s shadow fleet, a network used to sustain oil revenues despite sanctions. Since the start of 2026, more than 100 such vessels have faced US designations.
The latest measures aim to reinforce military interdiction efforts and intensify pressure on Iran’s energy sector, aligning with broader maximum pressure policies.
The designations freeze any US-based assets of the targeted entities and generally prohibit American persons from engaging in transactions with them.
Foreign parties risk secondary sanctions exposure for dealings involving the designated firms or vessels.
Officials frame the insurance initiative as an attempt to replace revenues disrupted by prior operations, allowing Iran to extract funds under the appearance of legitimate maritime services while tightening control over one of the world’s critical energy transit points. These steps form part of ongoing U.S. efforts to disrupt Iran’s methods of generating income through the Strait of Hormuz and its associated logistics networks.
Whale Alert hlásí odliv 2 957 BTC z Kraken do neznámých peněženek, což znovu vyvolalo spekulace o akumulaci velkými investory. Binance top tradeři zároveň drželi za posledních 24 hodin 69,33 % long pozic.
Whale Alert reported two major Bitcoin transfers from Kraken totaling 2,957 Bitcoin [BTC], worth approximately $186.6 million, into unknown wallets. The first transaction moved 1,800 BTC valued at $113.56 million, while the second transferred 1,157 BTC worth $73.06 million.
Such withdrawals historically reflected coins leaving exchange custody, reducing immediately available trading supply instead of preparing assets for liquidation. Therefore, the latest movements revived discussion around institutional accumulation rather than short-term distribution.
Large investors often preferred self-custody or custodial wallets after acquiring significant positions, especially during periods of market uncertainty. However, exchange outflows alone never guaranteed sustained upside because broader market participation still determined price direction.
Even so, the combined size of these transfers highlighted renewed confidence among large holders and shifted attention toward whether tightening exchange balances would eventually support Bitcoin’s next directional move.
Why are Binance’s top traders still buying? Derivatives positioning continued favoring buyers despite Bitcoin’s recent pullback from higher levels.
At press time, Binance’s top trader accounts recorded 69.33% long positions against 30.67% shorts, producing a long-to-short ratio of 2.26 over the previous 24 hours. Those figures showed experienced participants maintained bullish exposure instead of aggressively rotating into defensive positions.
However, leveraged conviction alone rarely dictated price because futures traders frequently adjusted positions during volatile sessions. The persistent imbalance suggested many sophisticated traders still expected the broader trend to recover after the recent correction.
Retail sentiment often followed institutional positioning during similar market phases, making these metrics particularly relevant. If spot demand strengthens alongside bullish derivatives exposure, buying pressure could expand further. Otherwise, heavily long positioning could also increase the risk of liquidations during another sharp decline.
Source: CoinGlass Scarcity signals remained firmly intact Bitcoin’s long-term supply metrics continued supporting the broader scarcity narrative despite recent price weakness. The Stock-to-Flow Ratio stood at 917.24K as of writing, although it declined 28.57% over the past 24 hours.
Meanwhile, the Stock-to-Flow Reversion reached 1.6893 after rising 40.47% during the same period. Those daily changes reflected shifts in the model’s readings rather than fundamental changes in Bitcoin’s supply dynamics, indicating that Bitcoin remained a scarce asset relative to its annual issuance.
When combined with the latest 2,957 BTC leaving Kraken, the metrics continued supporting the view that long-term supply conditions remained constructive. However, investors would likely seek confirmation from price action before treating the accumulation narrative as the start of a sustained rally.
Source: CryptoQuant Bitcoin support under pressure? BTC failed to preserve its recovery structure after breaking below the ascending channel that had guided price higher since late June, shifting attention toward the $62,162 support level.
The rejection beneath $66,835 confirmed that sellers regained control before the breakdown accelerated. Parabolic SAR dots also flipped above the daily candles as of writing, reinforcing the bearish shift and indicating the previous uptrend had ended.
Meanwhile, the RSI declined to 46.23, slipping below its signal line at 51.22 and reflecting weakening buying strength without reaching oversold territory. This reading suggested bearish pressure remained dominant, although sellers had not yet reached exhaustion.
If Bitcoin reclaims $65,799 and closes back inside the former channel, buyers could target $66,835 before challenging $70,000. However, losing $62,162 would likely strengthen bearish control and increase the probability of a decline toward the $60,000 psychological support.
Source: TradingView Final Summary Kraken withdrawals reduced exchange-held Bitcoin while traders continued favoring long positions over shorts. Bitcoin’s scarcity metrics continued supporting the long-term outlook despite mixed 24-hour indicator changes.
Market news: Anthropic's annual revenue has risen to $80 billion, and is expected to exceed $100 billion by the end of August.
Market analyst Nick Dorsey revealed that Anthropic's annual recurring revenue (ARR) reached $80 billion as of mid-July, and at this pace, it may exceed $100 billion in ARR by the end of August. Nick Dorsey (@Midnight_Captl), a former global sourcing expert at Apple, focuses on investment analysis in the AI and semiconductor sectors.
12 minutes ago
The USD/JPY exchange rate fell 170 pips in the short term, breaking below the 156 level.
USD/JPY's decline widened to 170 pips within 15 minutes, marking its first break below the 156 level since May 6, with a daily drop exceeding 1%. Earlier, the United States and Japan said they would not hesitate to further coordinate foreign exchange market interventions.
12 minutes ago
CEO of crypto custody firm BitGo issues a 100 BTC challenge to Anthropic, accusing the latter of overhyping AI hacker risks.
Crypto custody firm Bitgo CEO Mike Belshe deposited 100 BTC into a public Bitcoin address on August 1, worth roughly $6.3 million at the time, and invited Anthropic’s Claude models to attempt to transfer funds out of the address. On-chain records show the wallet received the funds on July 31, and no transfers had been made from the balance as of August 2. Anthropic previously disclosed that 3 incidents were found during 141,006 cybersecurity assessment runs, with 6 assessment sessions involving 3 models accidentally interacting with real organizational systems. The models in question include Claude Opus 4.7, Claude Mythos 5, and an unreleased internal research model, stemming from configuration errors by third-party testing partner Irregular that allowed the test environment to connect to the internet. Belshe’s latest challenge targets Bitgo’s institutional custody platform, which uses multi-signature or multi-party computation technology to distribute signing authority across multiple independent keys. As of August 2, Anthropic has not publicly responded to the challenge.
12 minutes ago
South Korea's stock index extended its decline to 5%, with Samsung Electronics and SK Hynix seeing their losses widen to 8%.
According to Bitget market data, South Korea’s KOSPI index extended its morning session decline to 5%, with Samsung Electronics and SK Hynix seeing their losses widen to 8%.
12 minutes ago
HIP-3 decentralized exchange platform Paragon has acquired Unitree Technology’s ticker.
According to data from hl.eco, HIP-3 decentralized exchange Paragon acquired tickers UNITREE (from Unitree) and RDDT (from Reddit) in a recent HIP-3 auction for 577.66 HYPE. Currently, HIP-3 decentralized exchange Paragon has 12 stock contract trading pairs, with daily trading volume in the millions of U.S. dollars, and has been expanding continuously through frequent ticker auctions recently.
12 minutes ago
Saylor's Strategy moves 299.84 $BTC ($18.91M), hints at renewed selling after July $216M liquidation
Is Michael Saylor's @Strategy selling $BTC again? A wallet linked to #Strategy moved 299.84 $BTC($18.91M) 9 hours ago. The last time they moved $BTC was between July 1 and July 5. During that week, #Strategy sold 3,588 $BTC($216M).
Most na Ethereum Verus Protocol byl zneužit a útočník odcizil zhruba 7,44 milionu USD včetně ETH, tBTC, stablecoinů a MKR. Zneužití vycházelo z nesouladu v interpretaci notarizačních dat mezi Verus a Ethereum.
Blockchain security firm CertiK has noted that on July 23, 2026, an attacker successfully targeted the Ethereum cross-chain bridge of the Verus Protocol, extracting roughly $7.44 million in assets that included ETH, tBTC, various stablecoins, and MKR. The exploit hinged on a fundamental difference in how Verus and Ethereum processed notarization data.
CertiK added that by embedding malicious duplicate state-root entries within otherwise valid notarizations that were signed by legitimate Verus notaries and then forwarded to Ethereum, the attacker overwrote the trusted state root.
This allowed submission of a forged bridge import proof that authorized large withdrawals, even though the original export involved only a negligible 0.01 VRSC transfer.
A Verus notarization functions as a signed cross-chain checkpoint that sets the reference root used to validate subsequent transaction and export proofs.
It records details such as the system or currency involved, the notarization height, one or more proof roots (including system ID, chain height, state or proof root, block hash, accumulated power, and currency or converter state), a link to the prior notarization, and proposer or node information.
These roots draw from publicly available Verus and Ethereum chain data.
While anyone can propose or relay a candidate notarization, acceptance requires spending the correct notarization-thread UTXO and providing necessary consensus evidence.
Notary signatures form part of the public evidence that can be retrieved and relayed.
The attack unfolded in several stages. First, the attacker poisoned notarizations on the Verus network.
Starting from a genuine notarization, successive transactions spent the previous accepted output while secretly incorporating extra malicious state-root entries.
Verus processed the serialized roots by loading them into a vector and inserting them into a map, effectively overlooking the duplicates in its own view.
Legitimate notary software then validated the initial legitimate roots, after which notaries signed the full raw data—including the ignored malicious entries.
The attacker harvested these signatures via RPC calls and packaged them for use on Ethereum.
On the Ethereum side, the attacker relayed the notarizations through calls to the bridge’s setLatestData function.
During deserialization, the proof roots were processed in a loop that overwrote the state root for every matching system ID entry.
Consequently, the genuine Verus root was replaced by the attacker-controlled value.
With this compromised root in place, the attacker initiated a minimal 0.01 VRSC export request through the Bridge.vETH contract, which the converter and associated pool processed into a batch transfer.
Finally, a crafted submitImports call on Ethereum used a fabricated hashtransfers value matching the desired large drains, along with adjusted input counts and selectively reused proof components.
The remaining elements of the Merkle Mountain Range proof were constructed so that the final root matched the previously injected malicious state root.
The core vulnerability stemmed from inconsistent cross-chain semantics: Verus interpreted the notarization bytes as containing a valid genuine checkpoint, while Ethereum treated the same data as establishing an attacker-controlled one.
Once Ethereum accepted the false root, any export proof derived under it passed verification.
CertiK further explained that an additional shortcoming in the Ethereum bridge contract was the absence of checks confirming that the requested payout amount matched the value actually exported on Verus.
A fabricated hashtransfers field proved sufficient to clear the relevant verification.
After the drain, the attacker converted the stolen assets into approximately 2,778.87 ETH through a relay service and deposited the proceeds into Tornado Cash.
Blockchain security firm CertiK also mentioned that the episode underscores the risks inherent in cross-chain systems where subtle differences in data interpretation between chains can enable significant losses, highlighting the need for stricter consistency checks and amount-validation logic in bridge designs.
XRP-backed exchange-traded funds (ETFs) pulled in $27.29 million in July, marking a fourth straight month of net inflows.
The token itself trades near $1.08, down roughly 40% since the start of the year, in line with a generally poorly preforming crypto market. But many expect intuitional money and these products to be bolstering XRP, and others.
Instituional MoneyCumulative XRP ETF inflows now sit near $1.5 billion, the largest total among altcoin products. The price keeps sliding anyway.
XRP funds have ranked first or second in monthly inflows since April, without barely any outflows. Inflows ran $81.59 million in April, $131.94 million in May, $59.46 million in June, and $27.29 million in July, showing the pace has cooled even as the streak holds.
XRP ETF inflows have had an impressive run of inflows even with the price falling. Image Source: Coin Glass That steady buying stands out against a market where fresh capital keeps concentrating in a handful of tokens. Several smaller altcoin funds recorded no net flows in July. XRP kept adding, even at a slower pace.
Why the Price Isn’t Following the FlowsSteady ETF demand alone hasn’t lifted XRP’s price. Some of the pressure traces to a specific seller. Grayscale chief executive Peter Mintzberg filed to sell XRP ETF shares he acquired before the fund’s listing. He priced the sale at $20.45 a share, about half what earlier Grayscale insiders got in January.
Momentum indicators tell a similar story. XRP recently hit its most oversold readings on record. Traders remain split on whether the sell-off has finished.
Competition for capital plays a role too. Solana funds have pulled in about $1.15 billion since launch, edging back into second place in July. Hyperliquid funds added roughly $293 million in May and June before posting a first monthly outflow in July.
Bitcoin (BTC) and Ethereum (ETH) funds still dominate the category. They pulled in $172 million and $365 million in July, respectively.
Steady ETF buying shows institutional appetite for XRP has not faded. Whether that demand eventually lifts the price may depend on the broader altcoin market finding its footing first.
Solana spustila na mainnetu upgrade SIMD-0286, který zvýšil limit z 60 milionů na 100 milionů compute units na blok a zlepšil propustnost o 66 %. Analytici zároveň sledují býčí technickou strukturu a mluví o cílech až 1 000 USD.
Solana (SOL) is gaining renewed momentum as market analysts point to a strong technical formation and the network rolls out a major upgrade designed to boost scalability and efficiency. The convergence of positive price signals and upgraded infrastructure could reinforce Solana’s position as one of the market’s leading blockchains and attract new participants to its ecosystem.
Analysts point to bullish technical structureAt $72.88, Solana’s price reflects relatively stable trading over the past day, backed by a 24-hour trading volume of $1.32 billion and a total market capitalization of $42.35 billion. Many technical analysts are focusing on a breakout-and-retest pattern in SOL that has historically preceded major rallies.
Crypto Patel, a well-followed cryptocurrency analyst, identified a macro structure in Solana’s price chart that he believes resembles setups seen in 2021 and 2023—both of which were followed by price surges of approximately 2,500% and 3,600% respectively. While previous moves do not guarantee a repeat, these recurring formations are drawing increased interest from traders.
A group of market analysts emphasize the $40 to $70 range as a critical accumulation zone for SOL. As long as support holds above this level, price targets of $300, $500, $700, and even $1,000 are being circulated within the trader community. However, should SOL close below $25 on lower timeframes, a bearish reversal is likely to be triggered.
LevelPotential Trend$25 (closed below)Bearish scenario$40–$70Accumulation/support zone$300, $500, $700, $1,000Upside targets Crypto Patel notes that historical macro breakout patterns in Solana have preceded significant rallies, with previous instances in 2021 and 2023 leading to multi-thousand percent gains.
Major mainnet upgrade enhances network scalabilityThe Solana Foundation has announced the successful deployment of 100 million compute unit (CU) blocks on its mainnet, increasing the network’s maximum capacity from 60 million to 100 million compute units per block. This technical upgrade, implemented through the SIMD-0286 proposal, improves the blockchain’s throughput by 66%.
Developers and decentralized applications (DApps) operating within the Solana ecosystem are expected to benefit from this greater computational capacity and improved efficiency. The foundation stated that these changes are designed to support higher network demand and optimize resource allocation for developers.
By enhancing performance and scaling capacity, the upgrade is intended to position Solana for broader adoption and further development of its ecosystem.
Mini dictionary: SIMD-0286, also known as “Solana Improvement Document 0286,” is a technical proposal that increases the block size of Solana by raising the allowed compute units per block, thereby enhancing overall network throughput and efficiency.
The Solana Foundation highlights that the 100 million compute unit upgrade raises mainnet block limits by 66%, promising faster and more scalable operations on the blockchain.
Outlook and market sentimentThe path ahead for SOL will depend on price movement at key support levels and whether the current bullish technical setup is confirmed by further market activity. Improved network performance could fuel growing participation in the Solana ecosystem, potentially reviving demand for SOL among traders and developers.
However, Solana’s future remains influenced by overall crypto market volatility and investor sentiment. Analysts caution that while substantial upside may be possible, there are risks if critical support is lost. Market observers continue to monitor SOL for confirmation of a decisive move in either direction.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
XRP ETF vedly týdenní přílivy s čistým přílivem 15 milionů USD, zatímco Bitcoin fondy měly odliv 0,6 milionu USD a Solana fondy 17 milionů USD. XRP spot ETF od spuštění nasbíraly zhruba 775,5 milionu USD.
XRP-focused exchange-traded funds (ETFs) posted the highest net inflows among digital asset investment products last week, drawing $15 million while Bitcoin and Solana-related funds faced outflows. Data provided by market analyst CarpeNoctom indicates a shift in investor behavior, with capital increasingly concentrated in select assets rather than spread uniformly across the crypto market.
XRP ETFs surpass Bitcoin and Solana productsWhile XRP ETFs brought in $15 million in net inflows, Bitcoin ETFs recorded outflows of $0.6 million, and Solana funds experienced an even steeper drop with $17 million in outflows. Ethereum ETFs, on the other hand, maintained a minor positive trend, with $0.4 million in weekly net inflows.
This divergence highlights a more selective investor approach, as net inflows were not evenly distributed. In direct comparison, Solana has seen significant ecosystem growth and increased developer activity, yet its investment products faced the largest weekly decline among the major assets tracked.
XRP’s outperformance in the ETF segment reflects growing interest from institutional investors, aided by expanded access to regulated investment vehicles in several jurisdictions. Enthusiasm surrounding Ripple’s ongoing efforts to develop its ecosystem has also been credited with bolstering investor sentiment for XRP products.
XRP spot ETFs have now accumulated approximately $775.5 million in total net inflows since launch, demonstrating persistent institutional and retail support despite broader market shifts.
Strong momentum and accumulation trendsThe strongest inflows were recorded on July 31, when XRP spot ETFs saw $7.11 million in net new capital. This surge followed a $5.57 million inflow on July 30, which means nearly $12.7 million entered XRP ETFs during just two consecutive trading days. These concentrated inflows suggest that institutional interest intensified at the end of the week, rather than accumulating steadily over time.
There were no instances of notable outflows during the week. Instead, XRP ETFs only saw either net additions or a neutral stance, signaling consistent investor commitment. Prior to the final two days, inflows remained positive but more measured—such as $547,000 on July 29 and $533,000 on July 27. Gains of $5.09 million on July 21 and $2.27 million on July 20 underscore an accumulation trend rather than a pattern driven by short-lived speculative trading.
Selective investment focus and innovative accessThese shifts illustrate how demand is becoming more targeted within the crypto investment sphere. Products tied to major coins may no longer respond in unison to broad market sentiment, and investors are making more strategic choices based on perceived fundamentals and ecosystem growth.
Given the importance of closely tracking both asset flows and access points, platforms like 1stepSwap have started to play a larger role. By enabling the direct transfer of real-world assets, such as shares of major U.S. companies and precious metals like gold and silver, onto the blockchain, 1stepSwap offers investors direct exposure through their wallets without requiring intermediaries or complex steps. Its standout feature includes real-time price discovery across markets, making it possible to buy or sell leading stocks within seconds while securing the most competitive rates and broadening portfolio diversification.
If the influx into XRP ETFs remains on this trajectory, their dominance within the expanding digital asset investment landscape could further solidify in the coming weeks.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Peněženky spojené s Trump Media převedly 2 628 BTC v hodnotě asi 165 milionů USD na Crypto.com, ale prodej zatím nepotvrdilo žádné podání u Komise pro cenné papíry a burzy (SEC). Po přesunu zůstalo ve sledovaných peněženkách zhruba 4 261 BTC.
Trump Media-linked wallets transferred 2,628 Bitcoin, valued at about $165 million, to Crypto.com on Aug. 2, according to on-chain analysts Lookonchain.
Summary
2,628 BTC moved to Crypto.com, but no company filing has confirmed an outright sale yet. Trump Media reported 9,542.16 BTC in March, including 4,260.73 BTC pledged as secured convertible-note collateral. Lookonchain estimates realized and unrealized Bitcoin losses at $555 million after seven months of transfers. The movement reportedly reduced the wallets’ remaining balance to about 4,261 BTC.Lookonchain described the movement as another sale and estimated that Trump Media had disposed of 7,281 BTC over seven months. However, neither Trump Media nor an SEC filing had confirmed the latest coins were sold as of Aug. 2. An exchange deposit can precede a sale, custody change, collateral arrangement or another internal transaction.
Trump Media transfer is not a confirmed sale Lookonchain said the company originally acquired 11,542 BTC for about $1.37 billion, averaging $118,522 per coin. Its post stated, “It looks like Trump Media sold another 2,628 BTC,” wording that reflects uncertainty about the final transaction.
EmberCN separately traced the 2,628 BTC to Crypto.com and estimated that the linked wallets had transferred out about 7,281 BTC. The Arkham entity page identified two recent movements totaling roughly 2,628 BTC, including transfers of about 2,429 BTC and 198.9 BTC.
Source: Akham
Remaining Bitcoin nearly matches pledged collateral Trump Media’s latest quarterly filing provides the strongest company-confirmed baseline. The company reported 9,542.16 BTC at March 31, with a cost basis of $1.131 billion and a fair value of $647.1 million. It recorded no change in the number of coins during the first quarter.
The SEC filing also said 4,260.73 BTC served as collateral for convertible notes and could not be withdrawn or distributed unless indenture requirements were met. The restrictions are scheduled to end no later than May 29, 2028.
The reported post-transfer balance of about 4,261 BTC almost exactly matches that pledged amount. This suggests the tracked wallets may now mainly contain restricted collateral, but the on-chain labels do not prove the accounting or legal status of each coin.
The $555M loss remains an outside estimate Lookonchain calculated that the 7,281 BTC left the linked wallets at an average price of $74,855, generating about $545 million. It then estimated Trump Media’s combined realized and unrealized Bitcoin loss at approximately $555 million.
Those figures are not company-confirmed. The calculation assumes exchange transfers became sales near the observed market prices. It also combines estimated losses on transferred coins with the paper loss on the remaining balance. Trump Media’s March filing confirmed a lower fair value, but said the company had not realized material digital-asset losses at that reporting date.
Trump Media transferred 2,650 BTC worth about $205 million to Crypto.com on May 22. The coins remained in an exchange-linked wallet when that report was published, showing why a transfer should not automatically be reported as a completed sale.
Truth API launch adds separate regulatory scrutiny The Bitcoin movement followed Trump Media’s Aug. 1 launch date for Truth API, a paid service providing institutional customers with low-latency access to influential Truth Social posts. The company said the product delivers posts in milliseconds and could create a recurring revenue stream. Its revenue expectations remain forward-looking claims.
U.S. Senators Adam Schiff and Elizabeth Warren asked the SEC to investigate whether the service could violate federal securities laws. Their letter raised concerns that paying firms could receive market-moving presidential posts faster than ordinary users. The request is not an SEC finding, and the agency had not publicly announced an enforcement action.
Crypto.news reported that Trump Media posted a $405.9 million first-quarter net loss, partly reflecting unrealized markdowns across Bitcoin, Cronos and securities.
The company’s next quarterly filing should clarify whether the May and August transfers were sales, custody movements or transactions linked to hedging and financing arrangements. No verified Bitcoin or DJT price movement can be attributed solely to the Aug. 2 transfer.
Zakladatel Xaman Wietse Wind varoval komunitu před podvodným tokenem XMN, který byl falešně spojován s projektem Xaman. Xaman žádný token nemá a ani ho neplánuje.
Wietse Wind, founder and developer of the Xaman wallet, has issued an urgent alert to the XRP community after scammers used a verified X (formerly Twitter) account to promote an alleged “XMN” token falsely linked to the Xaman project.
The fraudulent post appeared from the official X account of Arlington ISD, suggesting attackers managed to compromise and take control of this verified account. The scammers adopted Xaman’s official branding and announced that a token claim process for XMN was live on the XRPL network, directing users to an “allocation checker” site.
By leveraging a high-profile, verified social media account, the scammers increased the apparent legitimacy of their claims. Such tactics, which rely on capturing trust through recognizable brands or verification marks, are increasingly common in phishing attacks targeting cryptocurrency users.
Wietse Wind responded quickly, making it clear that Xaman has no token now or planned for the future, and categorically called the campaign a scam targeting unsuspecting users.
There is no Xaman token. There will not be a Xaman token. These are scams, and users should remain vigilant against such attempts at deception.
Wind and the Xaman team reiterated their commitment to monitoring for impersonation and scam accounts, while encouraging the community to report suspicious activity.
Escalation of fraud in the XRP ecosystemAttempts to impersonate the Xaman wallet or launch fake tokens have persisted throughout 2026, with increasingly aggressive tactics appearing across the XRP ecosystem. Earlier this year, South Korean authorities arrested a group accused of stealing 3.4 million XRP (about $8.55 million) from 71 individuals by exploiting trust in the community through similar schemes.
Ripple‘s former CTO, David Schwartz, also highlighted the growing sophistication of coordinated phishing efforts, with malicious actors launching fake airdrops, running giveaway schemes, and adopting the branding of established teams to lure victims and drain their assets.
Such attacks generally seek to create a sense of urgency or legitimacy, pushing users to act quickly and hand over sensitive access or sign transactions they do not fully understand.
Scammers consistently manufacture urgency, borrow legitimate branding, and pressure users to act before verifying the authenticity of claims.
Wietse Wind has remained consistent in his advice to the community. He urges users not to sign transactions unless they are certain of a source’s legitimacy, to avoid engaging with any social media posts or accounts offering free tokens, airdrops, or promising early access to products or features that have not been confirmed by official channels.
He emphasized that Xaman does not have a desktop wallet, browser extension, or proprietary token. Any communication suggesting otherwise should be treated as fraudulent. Users are strongly advised to double-check announcements directly from official sites and social channels before taking any action.
Reporting suspicious accounts or domains remains a crucial step in countering these scams. Wind and other prominent figures in the space continue to stress that a proactive, cautious approach offers the best protection amid a rise in social engineering and phishing attempts.
Amid increased scam activity, platforms that facilitate easier and safer access to digital assets also attract attention. For instance, 1stepSwap stands out as a user-friendly platform bridging traditional finance and crypto by directly tokenizing real-world assets such as US equities and commodities like gold and silver onto the blockchain. Its market scanning algorithms ensure that trades are executed at the most competitive price instantly, enabling users to diversify their portfolios while maintaining direct wallet custody, without intermediaries.
The risk of scams grows alongside greater integration between traditional assets and blockchain solutions, highlighting the importance of vigilance, verification, and reliance on trusted sources in the digital asset space.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Ripple rozšířil stablecoin RLUSD na nové trhy, včetně schválení v Japonsku a spuštění na čtyřech největších burzách v Jižní Koreji. Tržní kapitalizace RLUSD dosáhla 1,6 miliardy USD.
Here's a quick recap on everything that transpired in the broader Ripple ecosystem last month.
July was a very eventful month for the company behind XRP, and we will explore some of the major developments, such as growing the stablecoin business, institutional infrastructure, and the XRP Ledger ecosystem, which saw a major milestone that included AI agents.
This article will focus primarily on Ripple, not the native token or its price moves. If you are more interested in XRP, then you should check this article.
RLUSD Enters New Markets Although this was technically announced at the end of June, it became a major news story in early July. Ripple expanded the reach of its dollar-pegged stablecoin RLUSD by becoming one of the first partners to integrate OpenUSD. It said that the move reinforces the team’s commitment to multichain infrastructure supporting institutional adoption across the entire crypto industry.
In addition, Japan’s Financial Services Agency (JFSA) approved RLUSD for use in the country through SBI VC Trade. The two developments marked another step in what Ripple has been trying to do for years: to position RLUSD as a regulated stablecoin for global payments and tokenized finance.
The company joined the 4th of July celebrations in the United States by highlighting the Giving4th campaign. It donated RLUSD to nonprofits as part of its broader effort to showcase real-world stablecoin utility.
Earlier this week, one of the execs behind the stablecoin at Ripple noted that RLUSD had launched on the four largest exchanges in South Korea – Upbit, Bithumb, Korbit, and Coinone.
The asset continues to grow in terms of usage and market capitalization, with the latter reaching $1.6 billion on August 1.
You may also like: Ripple (XRP) News and Price Update: July 27 Do People Interested in XRP Actually Care About Ripple? Ripple Doubles Down on RLUSD With Mint Launch and Notabene Investment Expanding Enterprise Infrastructure The company also introduced a platform designed to help financial institutions issue, manage, and redeem RLUSD more effectively, called Ripple Mint. The launch complements its growing payments ecosystem and reflects the firm’s increasing focus on serving banks, fintech firms, and enterprise clients entering the cryptocurrency space.
Separately, Ripple announced a strategic investment in Notabene, a company specializing in compliance and payment infrastructure. The collaboration aims to improve regulated cross-border payments while supporting broader adoption of Ripple’s stablecoin.
Once again in July, Binance extended support for RLUSD by providing new promotions for the asset and increasing its visibility across the platform.
AI Activity Rises on the XRPL Data provided by on-chain analytics resources indicated on July 22 that the XRP Ledger had surpassed 1.4 million transactions initiated by AI agents. According to analysts and experts, this highlights the growing experimentation with autonomous applications and machine-to-machine payments.
Although the sector remains in its early stages, the milestone demonstrates that developers are increasingly exploring the XRPL for use cases beyond traditional payments and token transfers.
Ripple dosáhl soukromého ocenění 50 miliard USD po zpětném odkupu akcií za 750 milionů USD. Standard Chartered zároveň ponechala dlouhodobý cíl pro XRP na 28 USD do roku 2030.
Ripple’s valuation in the private market has reached an estimated $50 billion, reflecting a 400% increase from its 2019 estimate of $10 billion. The new valuation coincided with a $750 million share buyback that enabled employees and early investors to sell shares to the company at the updated price.
Ripple’s growth driven by buyback and product expansionThis valuation increase comes amid Ripple’s ongoing legal dispute with the US Securities and Exchange Commission, a case that has spanned several years. Despite the regulatory headwinds, Ripple has expanded its operations globally, secured new licenses, launched the RLUSD stablecoin, and bolstered its digital asset custody and enterprise payment infrastructure via strategic acquisitions.
Ripple operates as a fintech company focused on enterprise blockchain payments and cross-border transaction solutions. Its latest initiatives are aimed at broadening the use and adoption of blockchain technology in institutional finance and global payments.
While the valuation of Ripple as a company does not directly affect the XRP token price, analysts note that a stronger capital base allows for accelerated development on the XRP Ledger, wider RLUSD adoption, and scaling up of institutional payment offerings. These developments have the potential to attract more banks, asset managers, and institutions and may support long-term demand for XRP.
Institutional outlook: Standard Chartered’s targetsInstitutional sentiment for XRP remains robust. Standard Chartered, one of the world’s leading international banking groups, recently published its long-term cryptocurrency outlook and reaffirmed its 2030 XRP target of $28. The bank also maintained targets of $500,000 for Bitcoin, $40,000 for Ethereum, and $2,000 for Solana, despite adjusting certain short-term forecasts.
Standard Chartered’s maintained $28 price target for XRP signals continued confidence in XRP’s expected participation in expanding markets for cross-border payments, stablecoins, and tokenized real-world assets.
Reaching the $28 mark would imply an approximately 2,500% rally from the current price of $1.08, according to market data provider CoinCodex. Achieving this long-term target would likely require increased institutional adoption, greater use of the XRP Ledger for tokenization and payments, steady ETF demand, and greater regulatory clarity in major financial markets.
AssetCurrent PriceStandard Chartered 2030 TargetPotential UpsideXRP$1.08$282,500%Bitcoin$68,000$500,000635%Ethereum$3,400$40,0001,076%Solana$150$2,0001,233%XRP’s recent performance reflects growing enterprise interest. On-chain data shows that XRP registered the highest average transaction size among major cryptocurrencies, a metric typically linked to institutional or enterprise-level transfers. Evernorth, a business division focused on digital health services, is reportedly increasing its use of XRP for treasury management, strengthening the trend toward enterprise capital movement within the network.
Mini dictionary: Evernorth is a health services company under Cigna, providing digital and data-driven solutions. Its enhanced use of XRP in treasury operations suggests a growing trend of blockchain applications beyond financial services.
Indicators of increasing institutional demandInvestors are also showing confidence by moving considerable amounts of XRP off Binance and into self-custody, suggesting a preference for long-term holding. In addition, US spot XRP ETFs have drawn more than $1.5 billion in cumulative net inflows, reducing the liquid supply on exchanges and increasing institutional exposure to the asset.
These developments—Ripple’s higher valuation, Standard Chartered’s reaffirmed forecast, surging institutional transaction sizes, growing treasury use, strong ETF inflows, and exchange outflows—point to sustained institutional confidence in the Ripple and XRP ecosystem, despite ongoing market volatility.
Major global investors and institutions continue to position for Ripple’s anticipated role in the future digital asset landscape, as reflected by recent capital flows and corporate strategies.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Ripple unlocked one billion XRP worth more than $1.06 billion through three separate releases, placing fresh supply back under market scrutiny. The transaction sequence included 500 million XRP valued at $532.86 million, 300 million XRP worth $319.65 million, and another 200 million XRP valued at $213.11 million.
However, token unlocks have not always translated into immediate selling pressure because Ripple historically redistributed portions through escrow management. Market participants instead shifted their attention toward whether exchanges would receive a meaningful share of the unlocked tokens.
As a result, traders closely monitored supporting on-chain metrics for confirmation. Any sustained rise in exchange activity would likely strengthen distribution concerns, whereas limited follow-through could preserve XRP’s current market structure.
Source: X/Whale Alert Exchange inflows added another layer of concern Spot exchange flows shifted direction after months of persistent outflows, introducing another variable into XRP’s outlook.
At press time, netflows reached +$2.41 million, marking one of the few positive readings after an extended period dominated by negative values. Unlike previous sessions, the latest inflow suggested more XRP entered exchanges than left them, naturally raising the possibility of additional available trading supply.
Even so, the figure remained relatively modest compared to historical inflow spikes exceeding tens of millions of dollars. Buyers therefore retained an opportunity to absorb incoming liquidity without immediately disrupting market stability.
Market conviction would likely strengthen if future sessions returned to negative netflows, while consecutive positive readings could reinforce expectations of growing exchange-bound supply.
Source: CoinGlass Does the falling NVT ratio favor XRP? On-chain activity improved despite the renewed exchange inflows.
XRP’s Network Value to Transaction (NVT) ratio declined to 87.8584 as of writing, representing a sharp 62.08% daily drop.
Lower NVT values generally reflected stronger transaction activity relative to market capitalization, indicating that network usage accelerated faster than valuation. Such behavior often supported healthier market conditions because capital circulated more efficiently across the blockchain.
If transaction activity continues expanding while exchange inflows remain contained, the network’s strengthening fundamentals could offset part of the selling pressure narrative surrounding Ripple’s latest unlock.
Source: CryptoQuant XRP defended support as selling pressure increased At the time of analysis, XRP traded around $1.0656 after repeatedly defending the $1.05 support zone throughout recent sessions.
Price rejected lower levels several times, showing buyers continued protecting that area despite persistent overhead resistance near $1.15. Meanwhile, the MACD reflected weakening bullish conditions. The MACD line slipped to -0.0119, while the signal line stood at -0.0089, and both moved beneath the zero line.
The histogram also remained negative, revealing fading buying interest rather than renewed strength. Despite softer technical conditions, sellers failed to force a decisive breakdown below support.
If buyers maintain control above $1.05, XRP could attempt another move toward $1.15. However, losing that floor would likely expose $1.00 as the next major downside target.
Source: TradingView To sum up, Ripple’s billion-token unlock and the return of positive exchange netflows raised legitimate supply concerns, yet stronger network activity softened part of that bearish narrative.
XRP still defended its key support despite weakening technical indicators.
Buyers would likely need to preserve the $1.05 floor and absorb additional exchange supply before confidence could shift back toward a broader recovery.
Final Summary XRP defended the $1.05 support despite fresh supply entering exchanges after the latest unlock. Improving network activity offset part of the bearish outlook, but exchange inflows require close monitoring.
Intersect odhalil první kroky hard forku Dijkstra pro Cardano, který přinese Nested Transactions, Linear Leios a Peras. První dvě fáze mají dorazit na mainnet do konce roku 2026.
Intersect unveiled the first steps of Cardano’s Dijkstra hard fork, which will deploy three innovations: Nested Transactions, Linear Leios, and Peras. The Ouroboros Leios protocol, cornerstone of this update, promises to improve the network’s throughput and finality. The roadmap foresees deployment of the first two phases by the end of 2026.
In Brief The Dijkstra hard fork will introduce three innovations: Nested Transactions, Linear Leios, and Peras, with a progressive deployment starting in 2026. The van Rossem intra-era hard fork, effective since July 18, laid the technical foundations for this transition. The network’s on-chain governance activates with a vote on a new parameter, the election of the Constitutional Committee, and the CAP portal in alpha. The Dijkstra Era Takes Shape After Cardano’s van Rossem Hard Fork On July 18, Cardano activated the van Rossem intra-era hard fork, upgrading the protocol to version 11. This update improved Plutus performance, strengthened ledger consistency, and node security.
However, the main event is yet to come: this hard fork has indeed prepared the ground for the Dijkstra era, the next major step in Cardano’s technical roadmap. In its weekly report, Intersect (the member organization coordinating the ecosystem development) confirmed that planning for the Dijkstra era is now underway, with a process aimed at involving the community in defining the scope of future forks.
This transition continues the on-chain governance model Cardano inaugurated with its first hard fork entirely driven by ADA holders.
The initial deployment of the Dijkstra era will be carried out in several phases, each bringing key innovation. The first will introduce Nested Transactions, a mechanism that allows nesting transactions within each other to optimize resource management and reduce network load. Next comes Linear Leios, a linear version of the Ouroboros Leios protocol which is at the heart of Cardano’s scaling.
This next-generation consensus protocol aims to significantly increase network throughput while maintaining the security and decentralization that Cardano is known for. Finally, Peras will enhance transaction finality by speeding up the time required for a transaction to be considered irreversible.
The Haskell Node team is currently working to deliver the first two phases (Nested Transactions and Linear Leios) on the mainnet by the end of 2026, as reported by U.Today.
On-Chain Governance and Debate Over the Next Hard Fork’s Name Meanwhile, Cardano governance is active on several fronts. A parameter update action has been opened for voting, the election of the Constitutional Committee is now on-chain, and the Constitutional Amendment Portal (CAP) has been launched in alpha for community testing.
These mechanisms illustrate the rise of decentralized governance, where each ADA holder can participate in protocol decisions. Regarding naming, a working group proposed naming the next hard fork after Alexander Esgen, while an on-chain action suggests the name Fabian von Bergen. The community is invited to provide feedback.
In short, Cardano is reaching a decisive new stage in its roadmap with the Dijkstra era, whose three technical pillars (Nested Transactions, Linear Leios, and Peras) outline a faster, more scalable, and smoother network for users. The convergence of protocol scaling, activation of on-chain governance levers, and progressive deployment of innovations by the end of 2026 creates a rare dynamic in the project’s history.
Cardano has never been closer to the technical vision that Edmond Dijkstra, the renowned computer scientist, could have inspired: a network where security and performance become one.
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Fenelon L.
Passionné par le Bitcoin, j'aime explorer les méandres de la blockchain et des cryptos et je partage mes découvertes avec la communauté. Mon rêve est de vivre dans un monde où la vie privée et la liberté financière sont garanties pour tous, et je crois fermement que Bitcoin est l'outil qui peut rendre cela possible.
DISCLAIMER
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
Chainlink spouští na mainnetu TWAP cenové feedy pro vývojáře, které průměrují cenu v čase a jsou hůře manipulovatelné než jednorázové feedy. Feed y byly spuštěny 31. července přibližně v 19:55 UTC a existují ve dvou variantách: 30sekundové a 60sekundové. Prvním velkým uživatelem je Polymarket, který na ně přejde pro vypořádání svých crypto up/down trhů od 7. srpna 00:00 UTC.
Chainlink just shipped one of those quiet infrastructure upgrades that most people won’t notice but every DeFi developer will appreciate. The oracle network’s Time-Weighted Average Price feeds are now live on mainnet, giving developers access to averaged pricing data that’s significantly harder to manipulate than traditional single-snapshot price feeds.
The TWAP feeds went live at approximately 19:55 UTC on July 31, with two variants: a 30-second window and a 60-second window.
How it works and who’s using it first The feeds are accessible through Chainlink Data Streams, meaning developers who already have credentials can start integrating immediately. Documentation, feed IDs, and SDK examples are available through data.chain.link and Polymarket’s developer resources. Pricing starts at $150 per month for select feeds.
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Polymarket, the prediction market platform, is the first major adopter. The platform plans to shift its crypto up/down markets to TWAP-based settlement starting August 7 at 00:00 UTC.
The 30-second TWAP feeds are designated for 5-minute markets. The 60-second feeds handle 15-minute and 4-hour markets.
Polymarket is also launching a separate Real-Time Data Streaming WebSocket on August 4, giving developers another pathway to access the feeds. Until that full RTDS delivery is live, adjustments to the feeds could still be made, essentially treating the window between now and August 4 as a final calibration period.
Why TWAP matters for DeFi and prediction markets Single-snapshot pricing has a well-documented problem. If you settle a market based on the price at one exact moment, anyone with enough capital can briefly push the price in their favor right before settlement. TWAP feeds solve this by averaging prices across a defined time window. A bad actor would need to sustain artificial price pressure for the entire averaging period, which is dramatically more expensive and difficult than manipulating a single data point.
To incentivize the transition, Polymarket is putting $1 million in liquidity incentives on the table across its affected markets throughout August.
Chainlink’s expanding data services Testnet versions of these feeds were previously available, giving developers time to build and test integrations before the mainnet launch.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Chainlink získává podporu od Swiftu, UBS, Euroclearu a více než 20 institucí, které chtějí zlepšit zpracování firemních akcí a omezit chyby v datech. LINK přesto za den klesl o 1,62 % a drží klíčovou support zónu 7,30 až 8,20 USD.
Chainlink (LINK) is experiencing continued bearish momentum, but its ability to maintain support within a critical range could signal a shift toward a bullish trend. The token is simultaneously seeing increased adoption among major financial institutions looking to streamline corporate actions processing with secure and standardized blockchain data.
LINK Price Action and Market SentimentLINK is trading at $8.03, with a 24-hour volume of $160 million and a market capitalization of $6.01 billion. Despite recording a 1.62% decline in the past day, analysts have pointed to the current price structure and on-chain activity as factors that could pave the way for a reversal if support holds.
Market analyst CRYPTOWZRD reported that LINK concluded its most recent trading session with clear bearish momentum, indicating that sellers remain in control in the short term.
The broader crypto environment continues to exert influence on LINK’s price action. Many analysts warn that if Bitcoin remains under pressure, LINK is likely to mirror these losses and that subdued market sentiment may keep buyers on the sidelines.
Technical indicators on the intraday chart show the $7.30 to $8.20 support zone as highly significant. A breakdown from this level could open the door to steeper declines and confirm a bearish outlook. However, a successful defense of this range may attract renewed buying interest, potentially setting a trajectory toward $10 and then $12.
Institutional Adoption and Cutting-Edge IntegrationsA growing number of prominent financial organizations are turning to Chainlink’s blockchain solutions to address persistent inefficiencies in managing corporate actions such as dividend distributions, merger activities, stock splits, and rights offerings. Industry data indicates that global financial markets lose more than $58 billion annually due to operational shortfalls in these processes.
Chainlink’s technology has now been integrated by over 20 notable institutions, including Swift, UBS, and Euroclear. This partnership aims to reduce the risks of errors and AI-generated inaccuracies—often described as AI hallucinations—as artificial intelligence becomes more central in the automated decision process for these organizations.
Financial markets have a $58 billion problem that remains largely unnoticed. In a push to resolve this, Swift, UBS, Euroclear, and over 20 top financial institutions are working with Chainlink to decrease AI-related data inaccuracies in corporate actions.
With its focus on cryptographic verification and data standardization, Chainlink helps increase automation, enhance compliance, and improve settlement timelines. As blockchain and traditional finance sectors continue to converge, solutions such as Chainlink are becoming essential to next-generation infrastructure.
Outlook and Market ToolsDespite positive adoption news and optimistic forecasts, the LINK price remains in a downward pattern, largely reflecting the careful stance of market participants amid Bitcoin’s decline.
In trading environments where monitoring key support zones, resistance levels, and trend indicators like RSI is crucial, tools that offer comprehensive views and automation can provide an edge. Platforms like CryptoAppsy, which require no account creation, allow users to track real-time prices, manage multi-currency crypto portfolios, and receive smart price alerts. The ability to filter coin-specific news and discover new altcoin listings, paired with access to critical macroeconomic data, ensures investors are better equipped to respond swiftly to market developments.
Looking ahead, if LINK remains above the $7.30 to $8.20 threshold, market watchers will track for a breakout move toward $10 and $12 targets. Continued institutional integration and technological advancements may reinforce Chainlink’s position in both the current crypto cycle and the broader evolution of global finance.
Chainlink’s adoption by leading financial firms is expected to drive improved automation, compliance, and settlement practices as blockchain-based solutions become increasingly vital to industry operations.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Hyperliquid a PumpFun tvoří 67 % výnosů aplikací na blockchainu a po započtení Etheny jde téměř o 80 %, což zrychluje konsolidaci DeFi. Aave zároveň ruší 50 málo využívaných rezerv a stahuje se z několika sítí.
The onchain revenue pie is becoming dangerously concentrated. A handful of applications now dominate fee generation across Ethereum and its layer‑2 ecosystems, and the pressure is already reshaping project treasuries and team structures. More than just a market cycle, the numbers point to a structural pivot that is separating durable protocols from those that scaled too fast.
ARK Invest researcher Lorenzo Valente captured the trend in a note highlighted by the original report: Hyperliquid and PumpFun alone account for 67% of total application revenue, and adding Ethena pushes the top three projects to nearly 80%. That kind of dominance leaves little oxygen for smaller teams, and the revenue squeeze is now visible in hiring, chain selection, and product strategy.
Revenue Concentration Reaches New Extremes Valente sees consolidation accelerating faster than in prior bear markets. Capital is flowing to teams that have proven product‑market fit while those that don’t are shutting down, filing for bankruptcy, or being absorbed. The onchain application layer, infrastructure providers, and even layer‑1 networks are all seeing revenue cluster around a few clear winners. For traders and liquidity providers, the shift means deeper books on dominant platforms but thinner markets elsewhere—a change that raises implicit concentration risk.
The pattern echoes what blockchain developer activity data already suggest. While hundreds of chains compete for attention, the bulk of meaningful building remains concentrated on a handful of networks, as recent developer activity rankings indicate. When teams are forced to streamline, they naturally retreat to ecosystems where users and liquidity already live.
PumpFun Rightsizes Before PUMP Unlock Solana meme coin launchpad PumpFun has become one of the highest‑earning applications in crypto, yet it is trimming headcount aggressively. The company laid off staff in early April, roughly two months before the first PUMP token unlock. At least one former employee lost token grants worth over $1 million at current prices. Co‑founder Noah Tweedale told staff the firm had “expanded too quickly,” according to the report. Former employees say another round of cuts followed in mid‑July, with more than 40 people dismissed across two months.
The timing is delicate. An unlock that adds sell pressure can destabilize a token’s price, and cutting staff just ahead of that event can look like an effort to manage dilution costs rather than a simple operational reset. For a platform that earns large revenue from trading fees, the optics are tricky. The market will watch whether the smaller team can maintain pace with Solana’s still‑frenetic meme coin activity without sacrificing uptime or user trust.
Aave Slims Operations for Institutional Push Aave is taking a different path but with the same theme: focus relentlessly on what works and shed the rest. Founder Stani Kulechov confirmed that the protocol will phase out 50 low‑utilization asset reserves and gradually close deployments on Sonic, Scroll, zkSync, Metis, Soneium, and Aptos. The changes cover roughly $98.1 million in deposits and $15.6 million in debt. Kulechov framed the moves as removing economic and technical drag, not as a verdict on any particular layer‑1 or layer‑2.
At the same time, Aave is going bigger on institutional features. The protocol acquired Zapper’s entire engineering team and is preparing to launch Aave Pro. The idea is to take the composability that retail users already enjoy and package it with the risk controls and interface that compliance‑conscious capital requires. That pivot aligns with the broader tokenization trend, where on‑chain versions of real‑world assets are becoming a serious institutional business, as explored in a recent tokenization roundup that tracked Ondo’s live Treasury settlement and the $20 billion RWA milestone.
Uniswap, 1inch Ship Fresh Infrastructure Even as some projects contract, the top venues are extending their reach. Uniswap launched “Launches,” a beta aggregator tab inside its web app that surfaces token launch platforms building on Uniswap infrastructure. The feature rolled out on Robinhood Chain first, a network choice that signals Uniswap wants to capture volume from retail‑friendly environments. Separately, it partnered with Morpho to offer a non‑custodial yield product where users can deposit USDC, USDT, and ETH into Gauntlet‑managed vaults.
1inch joined the infrastructure push by opening Aqua, its shared liquidity layer, to all users. The design allows traders to deploy one wallet balance across multiple pairs without pre‑depositing assets, with assets only moving at trade execution. Aqua currently spans 13 EVM chains and includes protection against JIT fee front‑running.
These launches highlight a quiet fact: while revenue is concentrating, the race to become the default execution layer for onchain activity is intensifying. Uniswap and 1inch are betting that better aggregation will keep traders inside their ecosystems even as the underlying liquidity fragments.
The consolidation narrative also colors Ondo Finance’s exploration of $250 million to $500 million acquisitions in wealth technology, a move that would extend its tokenized Treasury franchise. Meanwhile, Nansen’s CEO noted that AI trading agents could outnumber human traders within two years, a forecast that ties into the growing use of decentralized computing for AI‑driven Web3 applications. That kind of automation could further tilt revenue toward protocols built for machine‑to‑machine capital flows.
What remains unclear is whether this concentration will trigger pushback from networks that lose deployments or from users who value choice. Aave’s retreat from certain chains is designed to be low‑drama, but the risk is that smaller ecosystems interpret it as a signal they are not worth building on. Equally, PumpFun’s staff cuts raise questions about how lean a team can become before operational risk rises. The next few months will test whether the projects pulling back are simply tuning their engines or losing momentum.
AUTHOR
Nicholas Otieno is a fintech writer specializing in cryptocurrency markets. Since 2019, he has written articles to educate readers about cryptocurrency and its substantial positive impact on global prosperity. Nicholas is a Bitcoin holder, believing firmly in its fundamentals. His work has been featured in publications such as Finance Magnates, Blockchain.News, Bitcoin Magazine, Coincub, and among others. When he's not writing, Nicholas enjoys performing domestic tasks, spending time with friends, listening to music, and watching football.
OKX v Evropě zařazuje SHIB do nové várky X-Perps, takže kvalifikovaní obchodníci získají pákovou expozici vůči meme coinu i dalším aktivům. Nové kontrakty jsou dostupné přes Simple Mode.
Shiba Inu (SHIB) has joined a fresh batch of listings on OKX's European X-Perps platform.
It gives eligible traders access to leveraged exposure to the popular meme cryptocurrency alongside several other crypto assets and well-known U.S. equities.
The latest additions include crypto tokens AEON, Zilliqa (ZIL), GRVT, PROS and ESP, as well as tokenized exposure tied to traditional finance names such as Robinhood (HOOD), Palantir (PLTR), Qualcomm (QCOM) and Coinbase (COIN). The exchange announced that all of the newly listed contracts are now available through its Simple Mode interface.
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What are X-Perps?X-Perps, short for Expiry Perpetuals, are leveraged derivatives that combine characteristics of perpetual futures with a fixed expiration date.
Like traditional perpetual contracts, they use a funding rate mechanism to keep prices closely aligned with the underlying spot market while allowing traders to take both long and short positions.
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The products offer up to 10x leverage and support multi-asset margin, enabling users to post Bitcoin, Ethereum, Solana, or supported stablecoins as collateral instead of converting them into a single settlement asset.
According to the exchange, the platform is designed for professional-grade execution. The products are available to eligible traders in the European Economic Area through the exchange's MiFID-regulated entity.
The newest listings continue the exchange's strategy of broadening its X-Perps offering beyond cryptocurrencies by including contracts tied to major publicly traded companies.
The platform aims to give European traders access to a wider range of leveraged instruments through a single regulated venue.
SHIB's sixth anniversary The listing comes as the Shiba Inu ecosystem celebrates the token's sixth anniversary.
In a message shared on X, the official SHIB account described the project as having grown "from zero to a global movement," thanking holders, builders and community members for supporting one of crypto's largest ecosystems.
The OKX exchange has long been an important venue for SHIB traders. Its SHIB/USDT spot pair consistently ranks among the token's most actively traded markets by daily volume, underscoring the asset's sustained liquidity and global demand as it enters its seventh year.
SHIB's most actively traded spot pair remains SHIB/USDT, with KuCoin leading at nearly $21.7 million in 24-hour volume. It is followed by Upbit's SHIB/KRW pair at roughly $10.5 million.
Již 18. měsíc v řadě odtékaly z jihokorejských burz stablecoiny do zahraničí; v červnu šlo o čistý odliv 560,3 miliardy wonů. Od ledna 2025 dosáhly kumulativní čisté převody asi 14,9 bilionu wonů.
TLDR: South Korea posted a 560.3 billion won net stablecoin outflow in June, extending the trend to 18 months. Cumulative net stablecoin transfers since January 2025 reached about 14.9 trillion won, according to data. June outflows equaled 77.6% of Korean retail investors’ net purchases of foreign shares during the month. Offshore platforms attract Korean traders with derivatives, DeFi, staking, and tokenized asset products. South Korea recorded an 18th straight month of net stablecoin transfers to overseas exchanges in June, underscoring sustained demand for offshore crypto products. The five largest won-based exchanges sent 2.7625 trillion won abroad and received 2.2022 trillion won, producing a 560.3 billion won net outflow.
Although June’s total remained below several 2025 peaks, the uninterrupted direction of transfers carried greater significance than the monthly size alone. Reported figures showed monthly net outflows ranging from 459.3 billion won in July 2025 to 1.2049 trillion won in February 2025.
South Korean Stablecoins Post 18 Straight Months of Net Outflows to Overseas Exchanges
According to Yonhap News Agency, South Korea’s five major won-based crypto exchanges sent 2.7625 trillion won in stablecoins to overseas platforms in June 2026, while receiving 2.2022 trillion… pic.twitter.com/sDFsaBmDKN
— Wu Blockchain (@WuBlockchain) August 2, 2026
Across the full period beginning in January 2025, cumulative net transfers reached about 14.9 trillion won, based on the disclosed monthly totals.
Stablecoin Transfers Rival South Korea’s Overseas Stock Flows The June outflow equaled 77.6% of the 722 billion won Korean retail investors spent buying foreign shares on a net basis. During the second quarter, the contrast widened as stablecoins recorded 1.6872 trillion won in net outbound transfers.
Over the same period, Korean investors became net sellers of overseas equities, reducing their foreign stock holdings by 1.6185 trillion won. The comparison places dollar-linked tokens alongside traditional overseas investing as an important channel for moving capital beyond domestic platforms.
However, the figures measure exchange transfers rather than permanent capital flight, since tokens can later return, remain in wallets, or enter decentralized applications. Notably, access remains the central driver behind the movement, as local exchanges continue concentrating mainly on spot trading.
By contrast, offshore platforms provide perpetual futures, staking, decentralized finance, tokenized real-world assets, and leveraged products linked to Korean companies. Those products have included exposure tied to Samsung Electronics, SK Hynix, and Hyundai Motor, expanding the range of markets available abroad.
A separate study found about 47 trillion won in crypto moved abroad or into personal wallets during the first half of 2026. Tiger Research and Chainalysis also reviewed 4.5 million wallets and estimated cumulative transfers of 687.6 trillion won since 2021.
The same research estimated that overseas trading activity generated approximately 1.4 trillion won in fees.
Offshore Leverage Raises Regulatory and Investor Risks Among the main destinations, Hyperliquid offered Korean-linked perpetual contracts with leverage of up to 50 times. Moreover, SK Hynix-linked trading reportedly reached about $4 billion after the contract launched in February.
That activity shows stablecoins operating as collateral and settlement assets within global on-chain markets, rather than only as digital savings instruments. The expansion also increases exposure to liquidation losses, security breaches, and platform failures outside South Korea’s domestic regulatory system.
As a result, Bank of Korea officials have warned that wider token use could complicate capital-flow management and foreign-exchange oversight. Governor Rhee Chang-yong previously said won-backed tokens might make conversion into dollar-linked assets easier instead of reducing demand for dollars.
Meanwhile, the Financial Services Commission said in January that central provisions of second-stage digital-asset legislation remained unfinished.Those unresolved issues included the ownership structure permitted for stablecoin issuers operating under the planned framework.
Lawmaker Lee Jong-wook urged regulators to review oversight and investor safeguards as offshore transfers continue. For now, the 18-month pattern shows that investors are consistently using dollar-linked tokens to reach products unavailable on domestic exchanges.
Ondo Finance po spuštění perps DEX překročila kumulativní objem 5,996 miliardy USD a denní objem vystoupal nad 300 milionů USD. Otevřený zájem dosáhl nového maxima 74,77 milionu USD.
Ondo Finance officially launched its perps DEX trading platform less than a month ago. However, it is slowly cementing its place as a top perps DEX platform, even though its price is lagging.
Because of these factors, the native token, ONDO, commands a market cap of $1.87 billion even in a bearish market. Its daily perps DEX volume has been growing alongside its Open Interest (OI), suggesting it could soon compete with established platforms.
What’s fueling Ondo’s Perps volume and OI growth? Ondo’s perps volume has doubled from the launch volume recorded on July 7. The volume rose from $128 million to over $300 million, which is equivalent to more than a 2x increase.
As a result, the cumulative Ondo perps volume hit a new high of $5.996 billion three weeks after its launch.
On July 31, it was fourth among all perp DEXs in terms of the volume of tokenized equities traded, ahead of Lighter [LIT] and AsterDEX [ASTER].
Additionally, its OI hit a new peak level of $74.77 million. This was an indication that Ondo perps DEX was becoming traders’ preferred platform.
Source: DeFiLlama Tokenized equities, indices, and commodities fueled the sharp increase in perps volume. They included instruments like Nvidia, Tesla, oil, gold, and the S&P 500 with up to 20x leverage traded 24/7.
For instance, trading of tokenized US oil on Ondo increased by 59.3% over the past 30 days. More assets, like the iShares Systematic Bond ETF, were slowly being added on to the platform.
Source: Ondo Finance As a result, these additions may help the price of ONDO stabilize and move higher. Worth noting, its price remains in a bear market structure, just like the rest of crypto.
All of Ondo’s growth was happening on the backdrop of declining perps and DEX volume for the broader crypto market.
The month of July closed as another red month for on-chain activity. As per DefiLlama, both DEX volume and Perps volume hit new yearly lows, down over 60% from their peaks in October.
In October, most of the popular perps DEXs, like Aster and Lighter, joined Hyperliquid, which was already established.
Source: DeFiLlama As Ondo’s perps volume diverged from the trend in the broader crypto market, it posed a serious threat to Aster and Lighter if growth at this speed continues. Eventually, it could challenge Hyperliquid, which has Normalized Daily Volume of $10.74 billion.
Hyperliquid’s volume is almost 6x bigger than that of Aster and Lighter at $1.85 billion and $1.35 billion. Still, it calls for consistent trading on Ondo Finance’s perps product.
Final Summary Ondo’s daily perps volume exploded to $300 million per day, with cumulative volume reaching nearly $6 billion. Ondo’s perps volume was growing while the whole crypto market was declining, suggesting that Ondo was slowly dominating the perps DEX volumes.
Ledger i Trezor uvedly, že je zranitelnost v Coldcard nezasáhla a prostředky uživatelů jsou v bezpečí. Zranitelnost ve firmwaru Coldcard umožnila útočníkovi ukrást BTC v hodnotě 38 milionů USD.
Bitcoin hardware wallet providers Ledger and Trezor have distanced themselves from Coinkite’s Coldcard $38M exploit.
An unfortunate code flaw within Coldcard’s firmware allowed an attacker to steal 38M worth of BTC or more from the hardware wallet.
Since Coldcard shares part of the hardware design involving the True Random Number Generator (TRNG) with other providers, investors were worried that other wallets could also be at risk.
However, Ledger clarified that it uses a slightly more secure design, maintaining that their Bitcoin hardware wallets were “not affected” by Coldcard’s flaw.
Source: X The firm added that it uses a 256-bit mathematical complexity system (entropy), which makes seed phrases difficult to crack.
On the contrary, Coldcard’s flaw downgraded Coinkite’s system from a 128-bit to a guessable 40-bit system, which could easily be cracked using brute force.
Trezor, another Bitcoin hardware provider, also assured its users that they should not be alarmed about the Coldcard incident.
Trezor users: your funds are safe. The recent Coldcard issue is limited to their own custom firmware and how some of their devices generated randomness. Trezor does not share that code.
BTC dumps 3% to 2-week low after Coldcard exploit Despite the assurance, the Coldcard exploit sparked broader fear about safety on hardware wallets and self-custody.
According to TaprootWizards’ Udi Wertheimer, self-custody is now “worryingly unrealistic,” warning that AI models with cybersecurity attack capabilities will intensify the hacks.
For his part, Coinbase CEO Brian Armstrong said the best way to improve physical security is by “air-gapping keys,” citing his firm’s operational standard for crypto ETF custody.
Source: X As the community discussed Bitcoin self-custody threats, BTC’s sentiment dropped to a four-month low. According to Santiment data, the soured sentiment mirrored the market caution seen as the West Asia crisis intensified in April.
As a result, Bitcoin [BTC] price dropped sharply by nearly 3%, tagging a 2-week low of $62.4K. But the crypto asset slightly recovered back above $63K as of writing.
Source: Santiment Others projected that the overwhelming effort to handle self-custody amid the ongoing risks would force investors to opt for U.S. Spot ETFs.
However, the ETF demand was also impacted by the weak sentiment on Friday. The products recorded a daily net outflow of $265. It remains to be seen whether the spot BTC ETFs will attract new investors worried by self-custody risks and upcoming quantum attack vectors.
Final Summary Ledger and Trezor said they were “not affected” by the Coldcard flaw as they operate different systems for their hardware wallets. Coinbase CEO said “air-gapping keys” can help reduce some threats.
TRON (TRX) remains near a crucial support level as traders assess the cryptocurrency’s short-term trajectory. Market participants are closely monitoring whether buyers can maintain this zone, as recent defensive actions suggest the possibility of renewed bullish momentum. Meanwhile, Tron Inc.’s ongoing expansion of its TRX treasury reflects firm confidence in both the TRON ecosystem and the broader future of digital assets.
Key support zone under scrutinyCurrently, TRX is trading at $0.3257. The coin has recorded a market capitalization of $30.91 billion and a 24-hour trading volume of $483.7 million. Despite a minor decline of 1.3% over the past day, the token’s broader price structure, combined with ongoing institutional accumulation, points towards a potential bullish reversal.
Crypto analyst BATMAN identified that TRON is once again testing a critical support area. BATMAN noted that this level has influenced TRX’s movement for nearly two years, acting as a recurring buy zone and resistance throughout its recent history.
According to the analyst, even gradual buildup in momentum will keep traders’ attention fixed on TRX’s behavior around this pivotal region, which could determine its next significant move.
If buyers successfully defend this level, it may trigger increased demand and optimism, setting the stage for a target price of $0.37. However, a failure to hold could present heightened downside risk for the token.
BATMAN highlighted that the same support area has functioned as both a strong buying opportunity and a resistance point, making it essential for TRX’s next direction. A resilient defense may pave the way for a positive trend, while weakness at this level could expose the token to further losses.
Treasury expansion signals institutional confidenceTron Inc., the digital asset company behind the development of the TRON blockchain, has further strengthened its holdings by acquiring 151,521 TRX at an average price of $0.3300 per token. With this addition, Tron Inc.’s TRX treasury now exceeds 707.6 million tokens.
This strategic move is part of Tron Inc.’s longer-term goal to expand its Tron DAT holdings and generate value for shareholders through increasing exposure to blockchain assets. Institutional interest in TRX and similar digital assets has been rising, with investors monitoring accumulation trends closely on the public blockchain.
Tron Inc. continues to enhance its treasury as part of its broader strategy of institutional accumulation, which supports market sentiment around the project’s longevity and ecosystem stability.
Market observers are now focused on whether the latest buying activity will help sustain the current price level or if further volatility awaits, depending on buying pressure at the key support area.
Tron Inc. reported the latest acquisition increased its TRX holdings to over 707.6 million, reinforcing its commitment to strengthening its position within the Tron network and providing additional long-term value to its investors.
The coming period will likely hinge on traders’ ability to defend support, with Tron Inc.’s continued accumulation offering a measure of reassurance for participants watching $TRX’s price direction.
Mini dictionary: Tron Inc. – Tron Inc. is the company responsible for the ongoing development and expansion of the TRON blockchain ecosystem, focusing on blockchain infrastructure and digital asset growth.
MetricLatest ValueTRX price$0.3257Daily price change-1.3%Market capitalization$30.91 billion24h trading volume$483.7 millionLatest Tron Inc. TRX acquisition151,521 TRX at $0.3300 eachTotal Tron Inc. TRX holdings707.6 million TRXDisclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Eole Inc. se stala první japonskou veřejně obchodovanou firmou, která drží HYPE, a plánuje pozici navýšit až na ¥100 milionů do konce srpna. První nákup činil 1,078.25469311 HYPE za zhruba ¥10,1 milionu.
Eole Inc., listed on the Tokyo Stock Exchange Growth Market under ticker 2334, has become the first Japanese public company to formally hold HYPE, the native token of the Hyperliquid DeFi protocol, disclosing the purchase through Japan’s TDnet (Tokyo Stock Exchange’s official corporate disclosure system) on July 28, 2026.
The initial buy of 1,078.25469311 HYPE at an average price of ¥9,352.77 per token cost ¥10,084,663 (~$66,000), with a stated target to scale the position to ¥100 million (~$611,000) by August 31, 2026.
🚨JAPAN LISTED FIRM BUYS $HYPE!
Tokyo-listed Eole has acquired Hyperliquid’s $HYPE token, the first Japanese publicly listed company to do so.
Bought ~¥10 million (~$61k / 1,078 HYPE) on July 28. Plans to scale total purchases to ¥100 million (~$610k) by end of August.
Part of… pic.twitter.com/Uwh0PR9rSM
— Crypto Banter (@crypto_banter) July 30, 2026
The move is not a one-off treasury bet. It was filed under Eole’s previously announced change in use of funds from July 16, 2026, which expanded the company’s digital asset mandate from Bitcoin only to a broader set of assets. HYPE is the first execution under that expanded mandate.
This news dropped as HYPE sits just under $55, up +3.5% over the past 24 hours following a seven-day move that has seen the asset drop -5%. Daily trading volume sits at $404M, up from $380M yesterday.
Hyperliquid News: What Eole Is Actually Buying Into $HYPE
HTF
Looks done for a while- would let price settle below sub 50 at the daily fvg before I look for longs. Best swing shorts at current monthly NPOC into 44$
Reversal and continuation setups attached pic.twitter.com/q2WjPnrDe1
— RektProof. (@RektProof) July 30, 2026
Hyperliquid is a leading decentralized futures trading platform and also runs HyperEVM, an Ethereum-compatible environment that allows programmable smart contracts to execute on top of the same high-speed infrastructure.
Eole’s Executive Director Kensuke Amo outlined three reasons the company chose HYPE specifically. First, Hyperliquid’s architecture is positioned as core infrastructure for what Amo calls Agentic Commerce, the emerging model where AI agents autonomously handle payments and contracts without human sign-off at each step.
Unlike people, AI agents cannot hold traditional bank accounts, so they require fast, programmable on-chain rails to operate. Second, strict US regulations around DeFi access have created demand for regulated, publicly listed HYPE exposure vehicles.
This is a model already running in the US via companies such as Hyperliquid Strategies and PURR, and Eole sees itself as the Japanese equivalent.
Third, the company plans to explore staking HYPE for yield once Hyperliquid’s AQAv2 USDC yield mechanism activates for stakers in August 2026, turning a passive treasury position into a revenue-generating one.
Check Out Hyperliquid Markets on Kalshi and Claim Your FREE $25
The Neo Crypto Bank Strategy and Why the Accounting Matters Everyone counted the funding rounds and nobody counted the funerals.
So I did both. 368 neobanks tracked. https://t.co/4bKokwoT9j
— Francesco Andreoli ᵍᵐ (@francescoswiss) July 27, 2026
Eole launched its Neo Crypto Bank initiative in October 2025 with Bitcoin as the initial treasury asset. The concept frames the company not as a passive crypto holder but as a builder of on-chain financial infrastructure, integrating digital assets into its own products and services rather than parking them as speculative reserves.
HYPE will be valued at fair value each quarter, with gains and losses flowing directly into the income statement. That accounting treatment – the same framework Eole applies to its Bitcoin position, and broadly similar to how MicroStrategy handles large BTC holdings in its public reporting.
This means the asset sits on the balance sheet with full shareholder and regulatory visibility. A Japanese listed company formally accounting for a DeFi protocol token at fair value in quarterly filings is still unusual by global corporate standards.
Eole also said it may hedge price exposure through traditional financial market instruments and eventually integrate HYPE into its own product suite, according to the TDnet disclosure and Amo’s public commentary.
Japan’s corporate crypto market has been expanding beyond Bitcoin, with Japanese companies broadening altcoin treasury allocations in recent quarters. Eole’s move adds a DeFi-native token to that picture for the first time.
The contrast with peer company Quantum Solutions, which sold 1,000 ETH on July 30 for approximately $1.9M to fund AI infrastructure spending, according to Quantum’s own filing, illustrates how differently Japanese corporates are positioning their digital asset strategies heading into late 2026.
Whether other Japanese listed companies use Eole’s TDnet disclosure as a precedent for their own HYPE allocations will be the institutional adoption signal worth watching over the coming months.
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Bob Diamond has a reputation for calling institutional shifts early. The former Barclays CEO and current head of Atlas Merchant Capital used a CNBC appearance on July 31, 2026, to make a pointed prediction: the CLARITY Act is coming, and Circle and Hyperliquid will be its biggest infrastructure beneficiaries.
That is not a casual observation from a casual observer. Diamond’s firm has existing investments in digital payment infrastructure, including exposure to Circle, the company behind the USDC stablecoin.
What the CLARITY Act actually does The bipartisan CLARITY Act, formally H.R. 3633, cleared the Senate Banking Committee with a 15-9 vote. Diamond put the odds of full passage by the end of 2026 at somewhere between 50% and 75%.
The act’s most consequential provision for markets is the regulatory framework it creates around stablecoin yields, telling issuers and platforms exactly what they can and cannot do with yield-bearing stablecoins.
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Circle’s stock on the NYSE, trading under the ticker CRCL, already gave investors a preview of what the market thinks about this dynamic. Shares surged nearly 20% in early May 2026 following the announcement of CLARITY Act rule compromises.
The Hyperliquid angle is more interesting than it looks On August 1, 2026, Hyperliquid announced a partnership with Coinbase to integrate USDC as its canonical stablecoin, replacing the platform’s former native USDH.
As part of that deal, Circle staked 500,000 HYPE tokens on the Hyperliquid network. HYPE is the platform’s native token, trading around $52 with a circulating supply of approximately 220 to 252 million tokens as of early August 2026.
Diamond’s explicit mention of Hyperliquid alongside Circle on a mainstream financial television platform is notable for another reason. Hyperliquid has largely been a crypto-native story until now, well known inside the ecosystem and largely invisible outside it. Having a former Barclays CEO name-check it on CNBC changes the audience that is paying attention.
What this means for investors watching the regulatory cycle Circle sits at the center of the compliant infrastructure tier almost by definition. USDC is already the dominant stablecoin in institutional and DeFi settings where compliance matters, and a formal regulatory framework around stablecoin yields would give Circle a product expansion path that is currently legally uncertain.
Hyperliquid’s bet is that best-in-class trading performance plus regulatory-grade stablecoin rails equals a platform that institutional desks can actually use. The Coinbase partnership provides USDC’s compliance credibility. The HYPE token stake from Circle creates alignment between the two companies at the network level.
The risk here is timeline. Diamond’s 50-75% passage estimate by end of 2026 implies a real chance this bill does not make it through. There is also a competitive risk for Hyperliquid specifically: the on-chain perpetuals and spot trading space is crowded and moving fast, and USDC integration and a Circle alliance do not create a permanent moat on their own.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Strategy naznačila, že může prodat až 5 miliard USD v BTC, aby financovala dolarovou hotovostní rezervu, dividendy a odkupy vlastních akcií. CEO Phong Le zároveň uvedl, že hlavním cílem je dostat STRC na 99–100 USD.
Strategy's CEO warned on Friday that the company might sell up to $5 billion in BTC.
It was precisely six years ago when a rather unknown company in the cryptocurrency industry at the time made a revolutionary change to its asset reserve strategy and adopted Bitcoin. The entity in question, called MicroStrategy back then, started to accumulate BTC en masse and only accelerated its purchases after the 2024 presidential elections in the US.
The community became accustomed to hearing about new acquisitions made by the company, some of which were worth billions of dollars. Its total stash grew exponentially and currently sits at 843,775 units. Within this timeframe, BTC bulls consistently heard that the company (and its former CEO) would never sell… until they did. And then everything changed.
During the most recent earnings call, the company hinted that it has plans to sell up to $5 billion in bitcoin, which is significantly higher than the previously claimed $1.25 billion.
The Latest Shift Strategy (as it is called now) has gone five consecutive weeks without purchasing BTC, marking its longest acquisition pause in years. Instead of deploying capital into BTC, the firm has steadily increased its cash reserve through recent fundraising activities. As we previously reported, Strategy has been rebuilding its USD position while continuing to explore financial options tied to its expanding portfolio of preferred stock offerings.
In the most recent official change, CEO Phong Le took to X to announce the company’s new primary corporate objective, which reads:
“Our corporate objective is for STRC to trade at $99-$100 over time.”
In the earnings call, he was more specific:
“Our intent is to sell bitcoin for three reasons when we think it’s appropriate for the company. One, fund the U.S. dollar reserve up to $1.25 billion. Additional reasons include funding dividend and interest payments of $1.76 billion a year and funding up to $2 billion in common and preferred stock repurchases,” Le said, according to a FactSet transcript.
The tweet and comments garnered immediate reactions from some well-known industry commentators as well as constant critic Peter Schiff, who was quick to determine that: “In other words, common shareholders are screwed.”
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In another post, though, he brought the bashing to a higher level, claiming that Strategy is no longer a BTC company. Instead, it operates as a credit company, and its credit rating is “atrocious.”
Strategy went from having a primary objective of increasing Bitcoin per share to trying to make sure their preferred shares trade back to $100… in just two months.
They’re no longer a BTC company.
They’re a credit company.
And their credit rating is atrocious. https://t.co/fHoXr376QY
— K A L E O (@CryptoKaleo) July 31, 2026
The comments below his post were split. Some agreed that Strategy is increasingly resembling a leveraged financial organization rather than a straightforward BTC holding company. Others defended the firm’s approach, noting that maintaining confidence in STRC is essential if Strategy wants to continue raising capital efficiently and safely for future crypto purchases.
STRC Matters The Saylor-co-founded company launched STRC as part of its growing suite of preferred stock offerings designed to finance its long-term BTC accumulation strategy. However, it needs to trade at its par price of $100 to function properly, and it hasn’t been able to for months. It dumped below $75 at one point, before the company shifted its focus to rebuilding its USD reserve. It has since recovered to almost $90.
As such, some investors view Le’s comments as a tactical, short-term objective rather than believing Strategy has abandoned its Bitcoin-focused vision. Still, the timing has fueled questions about the firm’s evolving identity and strategy, especially given the ongoing market uncertainty.
The SEC just hit pause on one of the most anticipated Bitcoin derivatives products of the year, and the reason has less to do with Bitcoin itself and more to do with a very old-fashioned regulatory turf war.
Nasdaq PHLX’s proposed cash-settled Bitcoin index options, known as QBTC, have been frozen by the full SEC commission following a jurisdictional challenge from the CME Group. The suspension, effective around July 31, opens a public comment window running through August 24. In plain English: two of the biggest names in traditional finance are fighting over who gets to be the referee for Bitcoin derivatives.
What happened and why it matters Here’s the backstory. The SEC granted Nasdaq conditional approval for the QBTC options back in May 2026 on an expedited basis. The product was designed to track the Nasdaq Bitcoin Index, which divides the CME CF Bitcoin Real Time Index by 100. That same benchmark underpins CME’s own Bitcoin futures and options contracts.
Then CME filed a jurisdictional challenge on or around June 11. The core argument is straightforward: Bitcoin is a commodity, not a security. If that’s the case, cash-settled options based on a Bitcoin index should fall under the exclusive purview of the Commodity Futures Trading Commission, not the SEC.
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The SEC’s conditional approval in May required CFTC exemptions before the product could actually launch. CME’s position is that those exemptions can’t simply shuffle regulatory authority from one agency to another.
Now the full SEC commission is reviewing the matter, effectively putting Nasdaq’s product on ice while the adults figure out who actually has jurisdiction.
The jurisdictional chess match The CFTC has long treated Bitcoin as a commodity. CME already operates regulated Bitcoin futures and options under that framework, making it the incumbent player in the institutional Bitcoin derivatives space. From CME’s perspective, Nasdaq is trying to offer a competing product through the wrong regulatory door.
Nasdaq, on the other hand, went through the SEC’s approval process and got a conditional green light. The exchange likely structured its product to fit within securities regulations specifically to tap into its existing infrastructure and customer base on Nasdaq PHLX, its options exchange.
The QBTC options use the exact same underlying benchmark, the CME CF Bitcoin Real Time Index, that powers CME’s own products. CME is essentially saying: you’re using our index to build a product that belongs in our regulatory sandbox, not yours.
What this means for investors For traders who were gearing up to access Bitcoin options through Nasdaq’s platform, the immediate impact is delay. The review period runs through at least August 24, and there’s no guarantee the SEC will simply rubber-stamp the original approval once the comment period closes.
Two scenarios are now on the table. Nasdaq could be forced to register the product with the CFTC instead, which would mean navigating an entirely different regulatory framework and likely pushing back the launch timeline significantly. Alternatively, Nasdaq could restructure QBTC to fit more cleanly within SEC jurisdiction, though how exactly that would work remains unclear when the underlying asset is widely considered a commodity.
The public comment period closing on August 24 is the next milestone to monitor. How the SEC responds to CME’s challenge, and whether the CFTC weighs in publicly, will shape the regulatory architecture for Bitcoin derivatives for years to come. For now, Nasdaq’s Bitcoin options are stuck in regulatory limbo, and CME is making sure everyone knows it put them there.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Michael Saylor uvedl, že Strategy nemá politiku „nikdy neprodávat“ a program BTC monetizace nevyžaduje žádný prodej Bitcoinu. Firma podle něj očekává, že časem zůstane čistým kupcem BTC.
Strategy’s co-founder, Michael Saylor, has clarified that his company’s plan to sell up to $5 billion of Bitcoin was what they authorized under the previously announced BTC monetization program. This follows reports today that the Bitcoin treasury firm had authorized a BTC sale of up to $5 billion after it posted a quarterly loss of $8.22 billion in the second quarter of this year.
Michael Saylor Clarifies Strategy’s Authorization of Up to $5B BTC Sale In an X post, Saylor noted that they announced their BTC Monetization Program in June before their Q2 results and not after posting a loss. He added that they never had a “never sell” policy and that the program does not require them to sell any Bitcoin.
Correction: Strategy announced its BTC Monetization Program on June 29—31 days before our Q2 results, not after posting a loss. We have never had a “never sell” policy. The program does not require any BTC sale, and we expect to remain a net buyer of Bitcoin over time.
— Michael Saylor (@saylor) August 1, 2026
“We have never had a “never sell” policy. The program does not require any BTC sale, and we expect to remain a net buyer of Bitcoin over time,” the Strategy co-founder said. This followed a claim that his company authorized up to $5 billion in BTC sales after posting an $8.22 billion loss in the second quarter of the year.
As CoinGape reported, Strategy also missed earnings estimates in the second quarter, with the company recording revenue of $122 million, below estimates of $124.48 million. The Bitcoin treasury firm’s EPS were -$24.45, well below estimates of $3.07.
Meanwhile, Saylor’s clarification comes as the Bitcoin treasury firm has paused its conventional weekly BTC purchases for five consecutive weeks. During this period, they have focused on building their USD reserve and also buying back the STRC stock.
Pause On Bitcoin Purchases Likely To Continue Crypto traders are betting that Strategy did not buy any Bitcoin last week and has continued its pause on buying BTC weekly. Data from the top crypto prediction platform Polymarket shows only a 21% chance that the Bitcoin treasury firm will announce another BTC purchase by Monday.
Source: Polymarket Strategy currently holds 843,775 BTC that was purchased for a total of $63.69 billion, averaging $75,476 per BTC. Notably, earlier this year, crypto traders favored the Bitcoin treasury company holding up to 1 million BTC by the end of the year.
However, these traders are now betting against that happening, as the company has paused its BTC buys and sold some BTC this year. Polymarket data shows only a 10% chance that they will announce holding 1 million BTC or more by the end of this year.
Podvodná kampaň napodobující Ripple cílila na držitele XRP a lákala je na falešné odměny přes škodlivé odkazy. V Soulu policie zatkla tři lidi kvůli falešné staking platformě, která připravila 71 obětí o zhruba 3,4 milionu XRP.
A fraudulent social media campaign targeting the XRP community has surfaced, involving fake announcements that attempt to lure users into handing over their digital assets. Hussein Zangana, director of community at the XRP Ledger Foundation, warned users about the scam in a recent post.
Phishing scam impersonates RippleA popular XRP-focused X account, BankXRP, called attention to a deceptive post claiming Ripple would launch “XRP Holder Tiers.” The message, presented through an impersonation of the official Ripple X account, encouraged users to visit a fake website to claim exclusive XRP badges.
Scammers stated that these tiers would unlock special benefits for holders. By driving traffic to the fraudulent link, they aimed to trick users into connecting their wallets or entering sensitive information, such as seed phrases, which would allow attackers to steal their XRP tokens.
BankXRP emphasized that the real Ripple organization did not issue the announcement, and stressed that neither Ripple nor the XRP Ledger prompts holders to claim badges or register for perks. Security advocates advised the community to avoid interacting with suspicious links, and to be wary of any requirement to share wallet credentials.
XRP leaders: Stay vigilant amid sophisticated scamsHussein Zangana confirmed that the circulating announcement was entirely fraudulent and urged the XRP community to remain alert for similar attempts.
Community leaders pointed to a rising trend of attackers impersonating leading blockchain projects, imitating official messaging, and promoting malicious sites or tokens to deceive users and compromise their funds.
Wietse Wind, a prominent developer in the XRPL ecosystem, separately warned users that there is no “Xaman token,” highlighting an emerging pattern of fake token announcements designed to mislead investors.
Firelight and Flare Network targeted by impersonatorsThe operators of Firelight, an XRP-based liquid staking protocol running on the Flare Network, issued their own alert. In an official statement, Firelight cautioned users to interact only with its verified X account, Discord server, and website, as several fake accounts had begun impersonating the project. The team urged people to ignore these false profiles and to avoid providing any information or assets to fraudulent sources.
The incident highlights the challenges digital asset holders face in monitoring for scams, especially as cybercriminals persistently develop new methods to exploit unsuspecting users. As the ecosystem evolves, platforms like 1stepSwap are emerging to address transparency and security concerns. Through its innovative structure, 1stepSwap makes it possible to access real-world assets such as major US company shares and commodities directly on the blockchain using a personal wallet, streamlining portfolio diversification and ensuring users always receive the best prices available, while eliminating unnecessary intermediaries.
Law enforcement interventionResponding to the surge in crypto-related scams, authorities in Seoul arrested three people this week accused of operating a fraudulent XRP staking platform. Investigators reported that the group impersonated Flare Network and FXRP projects, tricking 71 victims into transferring approximately 3.4 million XRP. The suspected scammers ultimately amassed digital assets worth 27.3 billion won, equal to about $19 million, in their wallets.
Officials noted an increase in criminal tactics such as launching fake staking opportunities or issuing counterfeit utility tokens, underscoring the importance of verifying every detail before engaging with any blockchain project.
The series of incidents underscores the persistent risk facing holders of XRP and other digital assets, who are advised to maintain vigilance and ensure they interact solely with trusted sources for all transactions and project updates.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
XRP Ledger nasadil velký upgrade, který opravuje problém s manifest flood a přidává čtyři nové ochrany pro uzly. Síť tak odmítá příliš velké manifesty a omezuje jejich ukládání i šíření.
Amid consistent efforts to continue advancing the XRP Ledger, a major upgrade has been released to fix the network amid rising vulnerabilities.
In a recent post from the XRP Ledger Foundation, developers have confirmed the successful rollout of a major software update to better advance the XRP Ledger.
XRP Ledger tackles manifest floodThe new upgrade has been issued to strengthen the XRP Ledger after developers identified a manifest flood that affected nodes on Friday, July 31.
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Although reports showed that the incident had yet to affect the operations of the network, as ledgers continued to close normally throughout, the development team swung into action promptly to fix the issue and prevent similar events from happening again.
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Also, the team has yet to disclose the root cause of the issue and how it happened, but they mentioned that the problem was tied to how XRPL nodes handled validator manifests.
Notably, nodes could accept, store, and rebroadcast an unlimited number of manifests from unknown validator keys before the update. This behavior gave room for unnecessary resource consumption even though it did not impact the network's ability to process transactions.
XRPL's new upgrade introduces four new protections Following the release of the new upgrade, the network now rejects unusually large manifests, limits the number of incoming manifest batches that can be processed, places a cap on the bulk manifest data shared with new peers, and prevents nodes from storing manifests from more than 100 unknown validator keys.
The XRP Ledger developers also improved the blockchain in a way that unknown validator manifests will no longer be saved to disk, meaning any flood of unwanted data will be cleared after a node restarts instead of remaining in the system.
David Schwartz naznačil, že i po odchodu z každodenního řízení Ripple zůstává aktivně zapojený do XRP a XRP Ledgeru. Zmínil také krátkou práci s týmem přes Zoom.
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Ripple CTO emeritus David Schwartz hints he remains involved with XRP in a recent X conversation, despite stepping away from day-to-day duties at Ripple.
Schwartz revealed in late September 2025 that he will step down from his day-to-day activities as Ripple CTO at the end of the year. Ahead of the announcement, he spun up his own XRP Ledger node to publish its output data while researching other use cases for XRP.
Now, the Ripple CTO emeritus's recent comments hint that his retirement does not imply abandoning XRP. Schwartz responded to an X user who pointed to his recent observation about the XRP Ledger network, derived from his hub, to suggest that he didn't retire from XRP.
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"If you had any doubt about whether David was retiring from just Ripple or also from XRP," the X user wrote. Schwartz replied, saying, "It was fun spending a few hours working like I used to and having a Zoom call with the team again."
It was fun spending a few hours working like I used to and having a Zoom call with the team again.
— David 'JoelKatz' Schwartz (@JoelKatz) July 31, 2026 Being an original architect of the XRP Ledger, Schwartz's comments have reassured many XRP supporters who questioned whether his retirement marked a complete departure from the XRP ecosystem.
Ripple CTO emeritus observation leads to XRPL fixOn Friday, Ripple CTO emeritus David Schwartz indicated that his hub was experiencing difficulties. The issue caused the hub to lose peers with "onReadMessage: No message of desired type" during negotiation, followed by a connection loss.
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The same issue was confirmed by XRPL Analytics App, xrpl.to, which stated that the problem was network-wide.
Schwartz's contribution to solving the issue may be inferred from his mention of having a Zoom call with the team and working for a couple of hours, which one might assume occurred in this context.
XRP Ledger version 3.2.1 was released shortly after, fixing the manifest flood observed on Friday, July 31. Nodes had previously accepted, stored, and rebroadcast an unlimited number of manifests from unknown validator keys; version 3.2.1 adds four limits to fix the issue.
