ZachXBT Exposes Canada as Worst Global Hotspot for Crypto Fraud

ZachXBT pointed out that Canada was the worst jurisdiction for crypto crime victims and pinpointed Toronto as one of the global hotspots for fraud. Canada ranks even higher than countries like the U.K and India, with Nigeria, Algeria, Bangladesh, and Morocco also mentioned among the worst. Canada Ranked As Worst Jurisdiction For Crypto Crimes by […]

news.bitcoin.com

Mystery Whale Sells $576M in Bitcoin as BTC Nears $80,000

A mystery whale sold another 2,700 BTC (about $211.8 million) earlier today, pushing its three-day total to 7,700 BTC (roughly $576.6 million). The selling lands just as bitcoin trades within reach of $80,000, capping its strongest weekly rally in years. Whale Offloads $577 Million in Three Days An unidentified wallet sold 2,700 BTC worth roughly […]

news.bitcoin.com

Japan’s Crypto Freeze Cracks as Nomura Wins Coveted New License

Nomura Holdings’ Laser Digital Japan has cracked Japan’s crypto licensing wall, ending a roughly four-year drought without a new industry entrant and planting one of the country’s financial heavyweights squarely inside regulated digital-asset trading. Laser Digital Japan said this week that it completed registration as a Crypto Asset Exchange Service Provider under Japan’s Payment Services […]

news.bitcoin.com

Galaxy Says Bitcoin Needs $82,470 Reclaim to Confirm Bear-Market End

Bitcoin’s current 50-week moving average, which lies near $82,470, has become a closely watched level for traders assessing whether the current bear market has ended. Historical data from Galaxy Research suggests a weekly reclaim has been far more reliable than shorter-term signals. Galaxy Finds 11 of 13 Bitcoin 50-Week Reclaims Held After Bear Markets Bitcoin […]

news.bitcoin.com

Illinois’ 0.2% Crypto Tax Sparks a Full-Blown Courtroom War

Two heavyweight crypto trade groups have dragged Illinois into court over a first-in-the-nation 0.2% tax that could hammer digital asset trades, transfers, and storage when it kicks in Jan. 1, 2027. The Blockchain Association and Crypto Council for Innovation filed the complaint on Aug. 21 in Sangamon County Circuit Court against Illinois Department of Revenue […]

news.bitcoin.com

Bitcoin ETFs Add $1.92 Billion in 5 Days as Wall Street Buying Surges

U.S. spot bitcoin ETFs closed Friday with $307.45 million in net inflows, completing five consecutive positive sessions worth $1.92 billion. Ether funds added $184.93 million, while XRP and solana ETFs also drew fresh capital. Ether ETFs Add $184.93M as Demand Stays Strong Wall Street’s crypto bid held firm through the closing bell. After a week […]

news.bitcoin.com

Crypto exchange BitMart weighs partial restart and creditor payouts weeks after announcing shutdown

The exchange has hired White & Case as restructuring counsel, with a detailed roadmap expected by Sept. 9.

coindesk.com

HYPE Hits $82 Record High While Multicoin Moves $20M to Coinbase

Hyperliquid’s native token HYPE touched a fresh all-time high above $77 at the same time venture firm Multicoin Capital kept shuffling large batches of the token into Coinbase Prime. Fresh High Amid Trump-Fueled Momentum HYPE hit a fresh all-time high near $82 over the past day, extending a rally that has pushed the token up […]

news.bitcoin.com

Web3 gaming network Sandbox stops Base and BNB chain bridging after exploit

The Sandbox disabled bridging on affected networks to isolate tokens and warned users not to trade SAND on Base and BNB, citing an impact of under 0.01% of supply.

coindesk.com

Tokenized stocks risk repeating Wall Street’s 1960s ‘paper crisis,’ Fairmint CEO says

Fairmint CEO Joris Delanoue warns tokenized stocks risk recreating Wall Street’s 1960s paper crisis through fragmented systems and standards.

coindesk.com

Bitcoin Jumps $10,000 in a Week as Shorts Lose $3 Billion

Bitcoin has surged roughly $10,000 over the past week, breaking above $77,000 for the first time since May after the U.S. Treasury doubled its long-dated bond buybacks. The rally briefly touched $79,500 yesterday, wiping out billions in short bets along the way. The Treasury Trigger Bitcoin had spent six weeks pinned between $60,000 and $65,000 […]

news.bitcoin.com

Kalshi off-limits in multiple states as prediction markets, CFTC team up for battle

Washington state is cut off for Kalshi customers while the company combats the development in court and its federal regulator keeps pursuing new rules.

coindesk.com

MiCA is coming for DeFi vaults, but regulation will be difficult

Brussels is reviewing whether crypto lending should fall under MiCA, but DeFi lending vaults are making it harder to determine who, exactly, should be regulated.

cointelegraph.com

GensynAI’s Jeff Amico Says RWA Investors May Lack Creditor Rights

Real-world asset credit vaults are drawing more capital into tokenized lending, but GensynAI COO Jeff Amico says many investors may have weaker legal protections than they realize. He argues that clearer creditor rights and stronger offchain verification will be essential as the sector grows. RWA Vault Yield Can Hide Weak Legal Protection Real-world asset (RWA) […]

news.bitcoin.com

Zcash, Bitcoin Cash, Cardano Rally as ZEC Leads With a 47% Surge

Zcash (ZEC) jumped 47.1% in 24 hours to lead a broad altcoin rally on August 22, with bitcoin cash, cardano, dogecoin and chainlink all posting double-digit gains as bond buybacks and Clarity Act optimism lifted the wider crypto market. Zcash Extends Its 2026 Breakout Multiple altcoins rallied over the past 24 hours, with privacy coin […]

news.bitcoin.com

Bitcoin and Ether bears get decimated amid 'squeeze-led' rally and Musk's X wants to pay creators in stablecoins: Crypto's week in 5 stories

Bitcoin and crypto staged their strongest rally in months as Treasury intervention, regulatory moves and a historic short squeeze collided, while banks and technology companies pushed deeper into stablecoins.

coindesk.com

Beyond the Kimchi Premium: Korea’s Institutional Shift

Factblock CEO and Korea Blockchain Week organizer Andrew Park outlines South Korea’s transition from a retail-driven crypto market to an institutional digital finance hub. However, he believes institutional adoption relies on resolving unglamorous back-office realities supported by new frameworks for digital asset access. From Retail Craze to Institutional Frontier For years, the global crypto ecosystem […]

news.bitcoin.com

Expect Changes in Rewards and Fees at Crypto Exchanges as Strategies Shift

As major crypto exchanges evolve into all-things-financial-services platforms, they’re investing more in new products to grow and diversify, while increasing trading revenues has become challenging. As the bear market persisted during the second quarter of this year, three of the largest listed crypto exchanges — Coinbase, Bullish, and Gemini — recorded a drop in trading […]

news.bitcoin.com

Druckenmiller Bets $88m on Bitdeer and Hyperliquid Strategies

The legendary investor moved into the digital assets ecosystem, disclosing investments in Bitdeer, a publicly traded bitcoin mining and data center operator, and in Hyperliquid, a decentralized trading platform. Druckenmiller’s Puts Over $80 Million Behind Digital Assets Stock Picks Stanley Druckenmiller, the legendary investor behind Duquesne Family Office, is warming up to the digital assets […]

news.bitcoin.com

Zcash jumps 48% to over $800 as Grayscale spot ETF push adds to ‘next bitcoin’ buzz

ZEC traded above its January 2018 peak as futures volume hit billions of dollars and a Grayscale filing showed fresh progress toward converting its Zcash Trust into a spot ETF.

coindesk.com

How a Treasury buyback tweak helped bitcoin surge 25% to nearly $80,000 in days

Treasury buybacks are not QE, analysts said, but the move helped pull long-term yields off 19-year highs and triggered a record short squeeze in a market already leaning too bearish.

coindesk.com

UK Tax Agency Sends 81,000 Crypto Tax Letters as Scrutiny Rises

HM Revenue and Customs (HMRC) sent 81,000 warning letters to cryptocurrency investors over suspected unpaid taxes, while expanded international reporting could give the UK tax agency substantially greater visibility into offshore transactions beginning in 2027. HMRC Crypto Tax Letters Increase 25% The United Kingdom’s tax agency has intensified scrutiny of cryptocurrency investors, sending 81,000 warning […]

news.bitcoin.com

Two Binance Workers Held at UAE Airports Amid Fraud Inquiries

Police in the United Arab Emirates detained two Binance employees at airports and questioned a third, as part of a fraud inquiry into funds moving through the exchange. All three have been released, and Binance says none of them were targets. Employees Held After Airport Stops, Then Released Emirati police pulled two Binance employees aside […]

news.bitcoin.com

Analysts See Strong Bitcoin Rally, But Profit-Taking Risk Remains

Bitcoin’s climb to multi-month highs ran on spot buying, not borrowed money, giving the rally a longer runway than a typical squeeze, Bitfinex analysts say. The coins now in profit could still trigger 2026’s largest wave of profit-taking. Why Bitfinex Sees a Longer Runway Than a Squeeze Bitcoin’s climb to a multi-month high has left […]

news.bitcoin.com

Grayscale Names 3 Crypto Tokens That Could Gain From New SEC Rules

Grayscale says proposed SEC fundraising rules could benefit ETH, SOL and BNB by increasing token issuance, bringing more U.S. issuers and investors onchain and potentially driving value to the three native assets. Grayscale Identifies Three Potential Beneficiaries Public blockchain activity could expand under proposed U.S. fundraising rules, Grayscale Head of Research Zach Pandl wrote in […]

news.bitcoin.com

New Phase for XRP Could Emerge as AI Agents Move Toward Real Spending

AI agents could open a new phase for XRP by moving from digital purchases toward real-world spending under user-defined limits. Chandler Fang says lasting XRPL adoption will depend on useful economic activity rather than transaction volume alone. AI Agents Could Expand XRP Commerce A new phase for XRP could emerge as autonomous software advances from […]

news.bitcoin.com

South Korea Deploys AI to Bust Crypto Market Manipulation

South Korea’s Financial Supervisory Service has deployed an AI-powered surveillance system to monitor crypto markets and detect unfair trading practices in real time. Algorithms Track ‘Racehorse’ and ‘Cage’ Schemes South Korea’s financial regulator has reportedly deployed a real-time, artificial intelligence-powered market surveillance system to detect unfair trading and price manipulation across the country’s cryptocurrency markets. […]

news.bitcoin.com

Ripple Backs RLUSD Lending Push on XRP Ledger With Clearpool, Cicada

Ripple, Clearpool and Cicada Partners are building an institutional lending market on the XRP Ledger using RLUSD as the credit asset. The initiative aims to move DeFi yield away from trading-driven strategies and toward loans backed by real business demand. Ripple, Clearpool and Cicada Shift DeFi Yield Toward Real Business Credit Ripple is backing a […]

news.bitcoin.com

Crypto advocates join in suing Illinois over digital asset tax

The Crypto Council for Innovation and the Blockchain Association added another lawsuit against the state for its recently approved 0.2% crypto tax.

coindesk.com

Bitcoin, Stocks and Gold Rip Higher While Bond Market Fear Festers

U.S. stocks ripped higher Friday while bitcoin held the $77,000 line after a nearly 24% weekly tear to a seven-day peak of $79,461, as softer Treasury yields gave markets breathing room while inflation, runaway debt, and Middle East oil risks kept traders firmly on edge. The session offered some breathing room after a bruising stretch […]

news.bitcoin.com