Author: John Smith

Ripple has voted to support two XRP Ledger amendments designed to introduce single-asset vaults and fixed-term institutional lending directly at the network’s protocol level. Summary Ripple’s validator voted “yes” on XLS-65 and XLS-66, supporting native vaults and lending. XLS-65 has reached 40% validator support, while XLS-66 has secured more than 37%. Both amendments require over 80% support for two consecutive weeks before activation. The framework could support loans funded with XRP, RLUSD, and other XRPL-issued assets. Ripple backs XRP Ledger lending amendments Ripple’s validator has backed the Single Asset Vault and Lending Protocol amendments as voting continues among trusted XRP…

A federal judge has paused the CFTC’s civil case against a US Army soldier accused of using classified information to earn more than $400,000 from Polymarket contracts tied to Nicolás Maduro’s removal. Summary Judge Andrew Carter stayed the CFTC’s civil enforcement case until the related criminal proceeding concludes. Prosecutors allege Gannon Van Dyke earned about $409,881 from 13 Venezuela-related Polymarket trades. Van Dyke pleaded not guilty and has challenged whether the event contracts legally qualify as swaps. The prosecution could shape how US commodities and fraud laws apply to prediction-market insider trading. CFTC case paused until criminal proceedings conclude US…

Crypto industry leaders are voicing frustration after the U.S. Senate failed to advance the CLARITY Act before its August recess, leaving the market structure bill facing a crucial procedural vote weeks before the 2026 midterm elections. Summary Senate leaders filed cloture, setting up a Sept. 15 procedural vote on the CLARITY Act. Coinbase executives and Sen. Cynthia Lummis called the pre-recess failure disappointing and frustrating. Ethics restrictions and stablecoin rewards remain unresolved as the bill seeks 60 Senate votes. Polymarket traders give CLARITY a 25% chance of becoming law during 2026. CLARITY Act faces a Sept. 15 procedural vote Senate…

Bitcoin Policy Institute and more than 40 digital-asset organizations have called on leading AI laboratories to give qualified open-source security researchers controlled access to frontier models as AI-assisted cyberattacks grow more capable. Summary More than 40 organizations signed the appeal for trusted access to advanced AI models. The coalition requested early model access, computing power, secure environments, and direct communication channels. Block, Coinbase, Strategy, MARA, Galaxy, BitGo, Brink, and Trezor were among the signatories. The request follows several AI-assisted attacks and major Bitcoin security failures reported in 2026. Bitcoin coalition asks AI labs for controlled access Bitcoin Policy Institute announced…

Mysten Labs has introduced Tessera, a business-to-business settlement prototype that hides payment amounts while preserving controlled access for counterparties, regulators, and auditors. Summary Tessera allows KYC-approved businesses to settle invoices using a confidential stablecoin. Payment amounts remain encrypted, while counterparties can view the transactions involving them. Seal MPC grants scoped, temporary access to regulators, tax authorities, and dispute arbiters. The prototype supports one-time transfers, recurring payments and disputed-payment arbitration. Tessera brings private B2B settlement to Sui In an Aug. 10 X thread, Sui presented Tessera as a closed settlement network for businesses. Approved members can settle invoices using a confidential…

Crypto projects lost roughly $110 million to hacks in July as Immunefi recorded more confirmed bug bounty reports and found that audit competitions uncovered more serious vulnerabilities than private audits. Summary Crypto hacks caused approximately $110 million in losses during July. Immunefi paid researchers $2.32 million for confirmed vulnerabilities during the month. Audit competitions found 6.2 serious bugs per engagement, compared with 1.5 in private audits. Immunefi projects 114 major hacks in 2026, potentially surpassing the previous annual record. Crypto hacks put 2026 on course for a record Immunefi recorded 164 crypto hacks through Aug. 3, including 67 incidents that…

Bitdeer has increased its Bitcoin production nearly fivefold year over year to 2,694 BTC in the second quarter of 2026, while revenue rose 47% as the miner expanded its self-mining capacity. Summary Bitdeer mined 2,694 BTC in Q2 2026, up nearly fivefold from 565 BTC a year earlier. Revenue rose 47% to $228.8 million as average self mining hashrate increased 389% to 69.5 EH/s. Bitdeer ended the quarter with 150 BTC after liquidating its 943 BTC treasury in February. The company’s net loss widened to $92.3 million from $62.9 million a year earlier. Bitdeer has also signed a 16 year,…

BNB price traded near $605 on Aug. 10 after reclaiming the psychological $600 level, with improving momentum and nearby liquidation clusters raising the prospect of another short squeeze. Summary BNB price traded at $605, slightly above its 100-day moving average near $604.85. Daily RSI climbed to 65.15, showing stronger demand without entering overbought territory. 4-hour Supertrend support rose to $593.86, making $594–$600 the key defense zone. Liquidation data shows concentrated short exposure around $618–$623, with downside liquidity near $598. BNB reclaims $600 after its July recovery According to data from crypto.news, BNB (BNB) price extended its recovery on Aug. 10,…

Standard Chartered has initiated coverage of Chainlink with a $200 LINK price target for the end of 2030, a roughly 25-fold increase from its current price near $8, as the bank expects tokenization and decentralized finance activity to drive higher demand for Chainlink’s services. Summary Standard Chartered has set a $200 LINK price target for the end of 2030. The bank expects Chainlink fees to increase about 25 times as tokenization and DeFi expand. Chainlink secures more than $110 billion in value and about 70% of oracle dependent DeFi value globally. CCIP volume reached $4.9 billion in Q2, up 353%…

H100 Group completed its previously announced acquisition of NSD AS on Aug. 10, adding 2,455.37 Bitcoin and lifting its total treasury to 3,506.4 BTC.  Summary H100 acquired 2,455.37 Bitcoin through NSD, raising its total treasury holdings to 3,506.4 Bitcoin overall. The transaction used no cash, with H100 issuing 790.5 million shares to NSD’s sellers instead. H100 priced consideration shares at SEK 1.86, using Bitcoin’s July 31 reference price for valuation. The new share issue creates approximately 70% dilution, while basic Bitcoin per share remains unchanged. H100 says fully diluted sats per share increased roughly 5%, while NSD carried no debt.…