Latest news

08:14 Regulation

Upbit to Delist BONK on Sept. 7 After Review, Sending Token to Lowest Level Since 2023

Upbit to delist BONK on Sept. 7 after month-long review Upbit will end trading support for BONK/KRW and BONK/USDT at 15:00 KST on Sept. 7, saying unresolved concerns mean BONK no longer meets its listing standards. The exchange cited an unidentified and unremedied security incident and delayed disclosure of material information; BONK fell to $0.00000255, its lowest since November 2023, after the announcement. Holders can withdraw until Oct. 7.

08:13 ETF & Funds

Korean Leverage ETF Curbs Shift Demand Toward Chip Funds and Overseas Products

Korean ETF curbs push trading toward chip and offshore leveraged products Trading in related products on South Korea’s stock market has fallen since regulators tightened rules on single-stock leveraged ETFs, but Korea Investment & Securities said demand is shifting into semiconductor leveraged ETFs and overseas-listed alternatives instead. The firm said the KODEX Semiconductor Leverage ETF can partly replace single-stock bets because Samsung Electronics and SK Hynix make up 39% and 23% of its underlying ETF, while Hong Kong-listed CSOP SK Hynix Daily (2x) Leveraged ETF has kept seeing outstanding units rise.

06:42 ETF & Funds

JPMorgan Says Hyperliquid ETF Inflows Have Stalled as Regulated Rivals Gain Ground

JPMorgan says Hyperliquid ETF inflows have stalled as regulated rivals emerge JPMorgan told clients that inflows into spot HYPE ETFs have largely stopped after about $280 million of cumulative inflows through June, with more than $13 million in net outflows in July and another $29.8 million withdrawn over 12 straight sessions through August 3. Analysts led by Nikolaos Panigirtzoglou said the shift reflects rising competition from newly regulated US-based perpetual futures platforms, not a broad loss of confidence in Hyperliquid.

06:41 Regulation

Thailand’s Crypto Tax Exemption Runs Through 2029, but Only for Licensed Trading Venues

Thailand’s crypto tax break exempts qualifying gains through 2029 Thailand exempts personal income from gains on cryptocurrency and digital-token transfers from Jan. 1, 2025 to Dec. 31, 2029, but only if trades go through digital asset exchanges, brokers or dealers licensed under Thai law. Ministerial Regulation No. 399 took effect in September 2025 and applies retroactively from January, making the policy a targeted incentive for regulated local platforms rather than a blanket 0% crypto tax regime.

05:56 Companies

Circle Extends Coinbase USDC Distribution Agreement Through 2029

Circle renews Coinbase USDC distribution deal through 2029 Circle said on its Q2 earnings call that it renewed its commercial agreement with Coinbase through 2029, keeping Coinbase as USDC’s main retail and institutional distribution partner and removing a key uncertainty around its core revenue split. Circle also said it will not make routine payouts, with CFO Jeremy Fox-Geen prioritizing balance-sheet strength and infrastructure reinvestment over shareholder distributions.

05:41 Regulation

Japan’s FSA urges crypto exchanges to add withdrawal delays and anti-scam safeguards

Japan’s FSA asks crypto exchanges to add withdrawal delays Japan’s Financial Services Agency and National Police Agency have asked crypto exchanges to introduce withdrawal delays and tighter account safeguards as scams involving exchange accounts grow. The request includes waiting periods after fiat deposits or crypto purchases, pre-registration of withdrawal addresses, customer-specific withdrawal limits, stronger monitoring and phishing-resistant MFA, but the measures are not binding and exchanges can decide how to apply them.

04:30 Court

US appeals court leaves Sam Bankman-Fried conviction and $11 billion forfeiture in place

US appeals court upholds Sam Bankman-Fried conviction A Second Circuit panel upheld Sam Bankman-Fried’s conviction on seven felony counts and backed the $11 billion forfeiture order, ruling that shifting customer funds from FTX to Alameda Research was fraud from the start. The judges also rejected the defense claim that later repayment could negate the crime, leaving him with few options beyond a possible Supreme Court appeal or executive clemency.

04:27 Security

Researchers Link North Korean Recruitment Malware Campaign to 1,640 Organizations

North Korean hackers hit 1,640 organizations in 57 countries, researchers say Cybersecurity researchers say North Korean operators compromised 1,640 organizations across 57 countries via fake software developer recruitment campaigns, with crypto firms a consistent target. Kumio CTO Vangelis Stykas, who tracked the infrastructure for 22 months, said attackers used malware hidden in coding tests to steal admin access, cloud permissions and wallet credentials, often exploiting contractors with access to multiple companies.

04:26 Court

MyTrade Founder Liu Zhou Fined After Guilty Plea in Crypto Wash Trading Case

MyTrade founder Liu Zhou fined after guilty plea in crypto wash trading case U.S. authorities fined MyTrade founder Liu Zhou $10,000 after he pleaded guilty to conspiracy to commit market manipulation and wire fraud in a wash trading scheme. Prosecutors said Zhou used MyTrade MM’s automated bots to generate fake trading volume for nearly 60 cryptocurrencies across exchanges, before an undercover FBI operation exposed the activity. As part of the settlement, MyTrade shut down its wash trading bots, ended its “Volume Support” service, and was ordered to warn customers that wash trading violates U.S. law.

03:43 Regulation

Philippines Gives Crypto Platforms and Banks 90 Days to Apply for National ID Integration

Philippines orders crypto exchanges and e-wallets to connect to National ID system The Bangko Sentral ng Pilipinas has proposed a rule giving licensed crypto platforms, e-wallet issuers, digital banks and retail banks 90 days to submit applications to integrate customer onboarding with the Philippine Statistics Authority’s National ID Authentication Services. The shift would move KYC from manual ID uploads to real-time database and biometric checks, with alternative IDs allowed if a user has no National ID or the system is down.

03:41 Security

Sui Plans NIST-Approved Post-Quantum Signatures for Accounts and Smart Contract Vaults

Sui to add NIST-approved quantum-resistant signatures Sui said it will integrate two NIST-approved post-quantum signature schemes: ML-DSA-65 for standard accounts and SLH-DSA-SHA2-128s for high-value assets in smart contracts, aiming to reduce the risk that future quantum computers could break today’s on-chain cryptography. Users will be able to migrate with existing recovery phrases, and the feature won’t change consensus or require immediate app updates; vaults are due on mainnet this year, while ML-DSA-65 accounts are targeted for testnet by end-2026 and mainnet in Q1 2027.

02:41 Tokenization

Korea Securities Depository Starts OTC Settlement Build for Unlisted and Fractional Trades

Korea Securities Depository to launch OTC settlement platform by year-end Korea Securities Depository said Aug. 7 it has started building a dedicated clearing and settlement platform for over-the-counter trading in unlisted shares and fractional investments, with launch targeted by year-end. The electronic-securities-based system will use T+1 settlement and let securities firms settle trades through the depository even when buyers and sellers use different brokerages, expanding beyond the current same-firm sandbox model and supporting future products such as security tokens.

00:41 Tokenization

RWA Deposits Reach $7.4 Billion as Broader DeFi Activity Contracts

RWA deposits top $7.4B as broader DeFi shrinks Deposits on RWA-focused lending platforms and DEXs rose to $7.4 billion in Q2 2026 from $2.3 billion a year earlier, while total DeFi deposits fell about 15%, The Block reported. RWA trading volume also climbed about 220% as overall DEX spot volume dropped roughly 70%, with tokenized Treasuries, multi-strategy funds and gold-backed tokens leading the shift.

00:25 Regulation

Senate Has One Day to Secure Procedural Votes for CLARITY Act Before Recess

Senate faces final pre-recess push on CLARITY Act Backers of the CLARITY Act have one day to line up 60 votes for a procedural Senate step before lawmakers leave Washington for recess, putting the crypto market-structure bill at a critical stage. Stand With Crypto urged supporters to call senators, while Sen. Tim Scott said there is still time to schedule a vote; with Republicans holding 53 seats, at least seven Democrats would need to join.

21:27 Regulation

Circle Says MiCA Rollout Has Left EU Users Without Access to Most Major Stablecoins

Circle urges MiCA review over EU stablecoin access gap Circle’s Senior Director for EU Strategy & Policy, Patrick Hansen, said the EU’s final MiCA rollout has left users “unprotected or cut off” from most major stablecoins, with only USDG, USDC and EURC meeting the rules while issuers including Tether remain outside the framework. He said MiCA has licensed 35 e-money tokens from 21 issuers, but argued the regime now needs revision to stay competitive and bring foreign issuers under EU supervision. The European Commission opened a public consultation on May 20 that runs through Sept. 30 to assess whether the framework, including rules for electronic money tokens, remains fit for purpose.

18:43 Regulation

Switzerland Tightens Crypto Oversight With New FINMA-Supervised SRO Rules for 2026

Switzerland tightens crypto rules under updated SRO model Switzerland has revised its FINMA-supervised Self-Regulatory Organization framework for 2026, forcing crypto exchanges to apply stricter blockchain monitoring, a CHF 0 Travel Rule threshold and stronger custody segregation. Users will face deeper KYC, origin-of-funds checks and may have to prove wallet ownership, while transfers to unverified third-party wallets can be blocked. Exchanges must also keep real Swiss offices and local staff, not shell setups.

18:11 Court

MyTrade Founder Fined $10,000 After Guilty Plea in Crypto Wash-Trading Case

MyTrade founder fined after admitting crypto wash-trading scheme A federal court in Boston fined MyTrade founder Liu Zhou $10,000 after he pleaded guilty to conspiracy to commit market manipulation and wire fraud over a bot-driven wash-trading service. Prosecutors said MyTrade generated millions of dollars in fake daily volume for about 60 tokens, and the FBI exposed the operation through an undercover NexFundAI token sting.

14:13 Regulation

Blockchain.com Secures Full Cayman VASP Licence for Custody and Exchange Services

Blockchain.com gets full Cayman Islands VASP custody licence Blockchain.com said the Cayman Islands Monetary Authority granted its subsidiary a definitive VASP custody services licence on July 22, replacing the conditional approval issued in December 2025. The licence lets the company offer regulated custody, crypto-to-fiat and crypto-to-crypto exchange services from the Cayman Islands, expanding its regulated institutional and retail offerings.

12:42 Security

Chainalysis Says Violent Crypto Thefts Reached $30 Million in First Half of 2026

Chainalysis: violent crypto thefts hit $30M in H1 2026 Violent attacks on crypto holders stole an estimated $30 million in the first half of 2026 alone, putting the year on pace to top 2025’s record $58 million, Chainalysis said. France has driven much of the surge with 30 known incidents by midyear, and investigators linked the spike to a 2024 tax-data leak and a separate Waltio breach affecting about 50,000 users.

12:41 Infrastructure

Injective Activates Testnet IBC Link to Cardano as ADA Pulls Back and Futures Volume Jumps

Injective launches first live IBC testnet connection to Cardano Injective said it has become the first blockchain with a live on-chain IBC rail to Cardano, currently active on testnet, allowing ADA to move into the Injective ecosystem and INJ into Cardano’s. The update comes as ADA fell 1.44% on Aug. 6 to $0.1882 after rejecting at the 100-day EMA, while ADA futures volume jumped 380% in a week to $650M.

11:44 Security

Hong Kong police say Fun Coffee crypto scam reports hit 255 and losses reach HK$104 million

Hong Kong losses in alleged Fun Coffee crypto scam reach HK$104 million Hong Kong police said 255 reports have now been filed over the alleged Fun Coffee GCM crypto investment scam, with reported losses rising to about HK$104 million. Investigators say the platform promised 197% to 278% annual returns on USDT deposits before withdrawals stopped and the app went offline on July 20, 2026; six people have been arrested in Hong Kong and two more were detained in Macau as the probe widens.

11:12 Companies

PowerCompute Refinances $18M Debt With 307 BTC-Backed Arch Lending Facility

PowerCompute refinances $18M debt with Bitcoin-backed Arch Lending facility PowerCompute has rolled three debt facilities into an $18 million Bitcoin-backed credit line with Arch Lending, pledging 307 BTC as collateral instead of selling its treasury. The company said the new facility cuts its initial borrowing cost to about 2% APR from 12% on its previous Liebel loans, while renewing every 30 days with terms reset to market conditions.

09:42 ETF & Funds

Grayscale’s Q2 Rebalance Makes BNB the Largest Holding in Its Smart Contract Fund

Grayscale makes BNB top holding in Smart Contract Fund Grayscale’s Q2 rebalance made BNB the largest position in its Smart Contract Fund at 30.6%, ahead of Ethereum at 29.47% and Solana at 29.15%, in a shift announced Aug. 5 and effective Aug. 3. The firm said it sold existing fund components to buy BNB, with Cardano cut sharply from 17.96% in May to 4.88%, while HBAR, AVAX, and SUI were also reduced to below 2.1% each.

09:41 Court

Ex-LAPD Officer Sentenced in Bitcoin Home Invasion as New US Crypto Robbery Case Emerges

Ex-LAPD officer gets life plus 15 years for $350K Bitcoin home invasion Former LAPD officer Eric Halem, 38, was sentenced on Aug. 4 to life plus 15 years in state prison after being convicted of kidnapping and robbery in the 2024 home invasion theft of about $350,000 in BTC from a 17-year-old in Koreatown. Prosecutors said Halem and three co-conspirators posed as police serving a search warrant and forced the teen to hand over a hard drive holding the Bitcoin.

08:11 Regulation

Guangdong Draft Plan Calls for Larger Cross-Border Digital Yuan Pilots

Guangdong proposes bigger cross-border digital yuan pilots in free trade zone plan Guangdong has released a draft plan for the China (Guangdong) Pilot Free Trade Zone that would expand cross-border digital yuan payment pilots and other cross-border finance programs, signaling a broader push for financial opening. The proposal follows China’s first cross-border e-CNY payment with Singapore via the upgraded CBETS platform, which settled nearly 10 million yuan in import shipping fees, and is open for public comment until Sept. 5, 2026.

07:55 ETF & Funds

Hashdex to Close and Liquidate DEFI Spot Bitcoin ETF on Aug. 17

Hashdex to liquidate spot Bitcoin ETF DEFI on Aug. 17 Hashdex said its spot Bitcoin ETF, DEFI, will stop trading and be delisted on Aug. 17, 2026, making it the first spot Bitcoin ETF to exit the market. The fund will stop accepting creation orders after that date, sell the Bitcoin in its account, and liquidate; shareholders who do not redeem by the deadline will receive a cash payout. DEFI has $14.7 million in assets, with less than 0.1% market share.

07:41 Regulation

EU Regulators Report Rise in Crypto Scams After MiCA Licensing Shift

EU regulators warn of crypto impersonation scams after MiCA deadline European regulators have reported a rise in scams targeting crypto users moving funds after the EU’s MiCA transition ended on July 1. The Financial Times said fraudsters have posed as watchdogs including France’s AMF and ESMA, as well as licensed firms, using fake websites, logos and forged documents to trick users into transferring assets. ESMA’s register listed 323 MiCA-authorized firms at the end of July.

07:26 Stablecoins

Visa Direct to Add Stablecoin Top-Ups and Payouts Through zerohash Partnership

Visa Direct adds stablecoin payouts and top-ups through zerohash Visa and digital asset infrastructure provider zerohash have partnered to let Visa Direct clients top up accounts and make payouts in stablecoins, while managing cross-border liquidity 24/7. Visa said the move expands stablecoin use on its money movement network, which reaches more than 18 billion acceptance points across 195+ countries and territories.

06:56 Infrastructure

Solana Hits Record 169.9 Million Daily Non-Vote Transactions After Capacity Upgrade

Solana sets daily record with 169.9M non-vote transactions Solana processed a record 169.9 million non-vote transactions on Aug. 4, the highest single-day total ever recorded, Blockworks data shows. The milestone came six days after Solana activated the SIMD-0286 upgrade, which raised the per-block compute limit from 60 million to 100 million units, a 66% capacity increase, while block times stayed at 400 milliseconds.

05:11 Stablecoins

Circle Extends Coinbase USDC Agreement Through 2029, Keeps Focus on Reinvestment

Circle renews Coinbase USDC agreement through 2029 Circle extended its USDC deal with Coinbase for three years on existing terms, keeping the stablecoin central to Coinbase products through 2029. CFO Jeremy Fox-Geen said the company has no plans for quarterly dividends and will reinvest capital into products, infrastructure, distribution partnerships and strategic opportunities. USDC circulation reached $73.3 billion at the end of Q2, with 30% held on Coinbase.

04:42 Court

Binance affiliates seek $472.8M from RedotPay in Hong Kong user-diversion lawsuit

Binance sues RedotPay for $472.8M in Hong Kong over alleged user diversion Binance affiliates Nest Trading, DistributedTechnologies, and Chaintecs Consulting Singapore have sued RedotPay founders Gao Zhangpeng, Chan Wa Choi, and Yao Chao in Hong Kong, alleging the firm diverted more than 470,000 Binance Card users through Binance Pay outside agreed commercial terms. The plaintiffs say the breach cut the long-term value of the Binance Card business and are seeking $472.8 million in damages. RedotPay denies all allegations, says the case will not disrupt operations, and faces related proceedings filed by Chaintecs in Singapore, where a hearing is set for Friday.

04:41 Infrastructure

World Chain Rolls Out Streaming Block Access Lists Through Flashblocks

World Chain deploys streaming Block Access Lists via Flashblocks World Chain said it has become the first production Layer-2 to deploy streaming Block Access Lists through Flashblocks, letting validators verify transactions while blocks are still being built instead of waiting for completion. The system splits two-second blocks into 200-millisecond Flashblocks and, in tests on standard cloud hardware, maintained real-time performance as throughput rose from 1.7 million gas per second to 1 gigagas per second.

03:56 Regulation

Myanmar Approves Anti-Scam Law With Life Terms for Crypto Fraud Bosses

Myanmar passes anti-online scam law with life terms for crypto scam bosses Myanmar’s new Anti-Online Scam Bill makes running online scam centers and digital currency or cryptocurrency investment schemes punishable by life imprisonment, while forcing people to work in scam operations through violence or unlawful detention carries 10 years to life. Lower House MP Aye Chan said the approved bill kept a mandatory death penalty when such abuse leads to a victim’s death.

03:55 Regulation

SEC launches accounting fraud unit as crypto oversight shifts toward disclosure rules

SEC creates accounting enforcement unit as crypto policy shifts to rulemaking The SEC has launched a Financial Reporting and Accounting Unit inside its Division of Enforcement to pursue accounting fraud, disclosure violations, and misconduct by auditors and accountants. Led by Timothy Zimmerman, the move comes after Cornerstone Research said SEC accounting and audit actions fell 68% in 2025, and it signals closer scrutiny of public-company disclosures, including at crypto firms with staking, custody, and stablecoin exposure.

03:41 Payments

Mastercard Completes BVNK Acquisition to Expand Stablecoin Payments Infrastructure

Mastercard closes BVNK acquisition to add stablecoin payments infrastructure Mastercard has completed its acquisition of stablecoin payments company BVNK, adding onchain settlement, wallet and conversion infrastructure to its network as it pushes deeper into corporate payments. The deal, with no purchase price disclosed, is aimed at linking fiat currencies, stablecoins and tokenized deposits across one payments layer for use cases including cross-border payments, merchant settlement and treasury management.

03:10 Regulation

Putin Signs Russia’s First Broad Law Regulating the Crypto Market

Putin signs Russia’s first broad crypto market law Russia has adopted its first comprehensive crypto market framework after President Vladimir Putin signed a law covering exchanges, custodians, brokers, clearing firms and investors. Retail investors will be limited to 300,000 rubles a year in highly liquid crypto through each intermediary, while qualified investors face no cap; exchanges must hold at least 15 million rubles in capital, register with the state and join a financial-market SRO. Crypto remains banned for domestic payments, but will be allowed for cross-border foreign trade settlements. The law takes effect on Sept. 1, with some rules phased in through 2027.

02:56 Security

ZEUS Takes Lightning Infrastructure Offline After Security Incident

ZEUS halts Lightning wallet services after cyber incident ZEUS took its Lightning wallet infrastructure offline on Aug. 5 after a cybersecurity incident, saying the attack was contained and no customer funds were lost or at risk. The outage makes ZEUS the third major Lightning-related service to suspend key operations in about 72 hours after disruptions at Boltz and AQUA, raising concerns around infrastructure providers rather than the Lightning Network itself.

01:41 Regulation

US and UK Step Up Joint Work on Crypto Rules, Stablecoins and Tokenized Markets

US and UK deepen joint push on crypto rules and tokenized markets US and UK regulators said they are expanding coordination on digital asset rules, tokenization and payment modernization after a July 8 working group meeting in London, signaling a broader drive to cut cross-border friction between the two markets. The Aug. 4 joint statement said discussions covered stablecoins, with US officials updating peers on GENIUS Act implementation and UK officials outlining their Wholesale Financial Markets Digital Strategy.

00:40 Regulation

South Korea Plans State Asset Status for Seized Bitcoin and Fast-Track Auctions

South Korea to classify seized crypto as state assets and auction it South Korea said Aug. 6 it will revise the State Property Act to formally classify virtual assets such as Bitcoin obtained through criminal forfeiture or donations as state assets, giving the government a legal basis to custody and sell them, in principle immediately after acquisition. The draft bill is due by year-end; state crypto holdings were about 78 billion won ($56.3 million) as of April.

23:41 DeFi

Uniswap Opens Pools on Robinhood Chain as Pre-Minted FRONG Leads Early Trading

Uniswap launches Pools memecoin platform on Robinhood Chain Uniswap Labs opened pools.trade on Robinhood Chain shortly after 5 p.m. ET on Aug. 5, about 4.5 hours after its public countdown expired, marking its push into memecoin launches. The top token on debut was FRONG, which had been minted six days earlier by the same contracts later used for Pools; by 6:56 p.m. ET it was up 31.9% on the day with a $12.1 million fully diluted valuation, while Uniswap said the product is meant for “speculative, highly volatile assets that can go to zero.”

21:42 ETF & Funds

Mubadala Expands BlackRock Bitcoin ETF Position as Abu Dhabi Deepens Crypto Buildout

Mubadala boosts BlackRock Bitcoin ETF stake to about 14.7M shares Abu Dhabi’s sovereign wealth investor Mubadala Investment Company raised its BlackRock spot Bitcoin ETF (IBIT) position by 16% in Q1 2026 to roughly 14.7 million shares, valued at nearly $566 million as the share price moved. Together with Al Warda Investments’ 8.2 million IBIT shares, Abu Dhabi-linked funds held more than $1 billion in IBIT at year-end 2025 prices, underlining the emirate’s growing regulated crypto exposure.

21:41 Market

Kraken Opens Trading for Squid Token QUID, With App Access to Follow

Kraken lists Squid token QUID for trading Kraken said funding and trading for Squid’s native token, QUID, went live on Aug. 4, 2026. QUID is tied to Squid, a cross-chain platform launched in 2023 that says it supports more than 20,000 tokens across 100+ chains and has routed over $6 billion in volume for more than 1 million users. Trading via Kraken App and Instant Buy will follow once liquidity conditions are met, and geographic restrictions may apply.

21:11 Regulation

Bitwise Says CLARITY Delay Would Not End US Crypto Rulemaking

Bitwise says CLARITY Act miss this week wouldn’t end crypto regulation Bitwise CIO Matt Hougan said the CLARITY Act may miss this week’s window, as senators must file cloture by Aug. 5 for a vote before the chamber leaves for recess on Aug. 7. He said failure now would likely push the bill into a “walking dead” phase, with another shot in September or a December omnibus package, while the SEC could still move on similar rules in the meantime.

21:10 Court

Few and Far founder charged in Manhattan over alleged $10M FAR token fraud

Manhattan prosecutors charge Few and Far founder with $10M fraud Federal prosecutors in Manhattan charged Few and Far founder Taj Tarsha with securities and wire fraud, alleging he raised more than $10 million by selling 95 million FAR tokens to at least 67 investors, then diverted the money to gambling, speculative crypto trades and a Miami condo loan instead of building the NFT marketplace. Prosecutors say FAR later went live in May 2024, then became effectively worthless and stopped trading soon after.

14:43 DeFi

Aave V4 expands Ethereum mainnet caps again as deposits climb and key reserves fill up

Aave V4 security council applies new cap changes after deposit growth Aave V4 has implemented another round of Add Cap and Draw Cap adjustments via the Aave Security Council on Ethereum and Avalanche, as deposits climbed to about $185 million and some reserves hit full utilization. LlamaRisk’s latest recommendation adds roughly $75 million in Add Cap capacity, lifting the ceiling from about $392 million to $467 million, with frxUSD and USDG on Core/Main both raised to 20 million.

14:13 ETF & Funds

Hashdex to Delist DEFI, Marking First Closure of a US Spot Bitcoin ETF

Hashdex to close DEFI, first US spot Bitcoin ETF shutdown Hashdex is liquidating DEFI, making it the first US spot Bitcoin ETF to close after the fund shrank to $14.56 million and generated just $6,453 in fees in its last full quarter. DEFI will trade on NYSE Arca until August 17; after delisting, Hashdex will sell the fund’s 225.58 BTC and pay shareholders cash around August 28, minus closing costs.

14:11 Regulation

India Extends Global Tax Reporting Rules to Crypto and Other Digital Assets

India brings crypto under global tax reporting rules India has expanded its tax reporting framework to cover cryptocurrencies, CBDCs and other digital assets under FATCA and the Common Reporting Standard, requiring banks, mutual funds, insurers, custodians and other financial institutions to report crypto-linked accounts alongside traditional assets. The new rules also tighten compliance, including enhanced reviews for accounts holding more than $1 million.

13:26 Infrastructure

World Chain to Activate Streaming Block Access Lists on Mainnet on Aug. 17

World Chain to enable EIP-7928 Block Access Lists on Aug. 17 World Chain said it will activate full EIP-7928 Block Access Lists on mainnet on Aug. 17, making it the first production Layer 2 to stream BALs inside every flashblock ahead of Ethereum’s Glamsterdam upgrade later this year. The change lets validators verify independent transactions in parallel while blocks are still being built, with World Chain targeting throughput of up to 1 gigagas per second without requiring stronger hardware.

11:12 ETF & Funds

S&P assigns AAAm rating to BlackRock’s tokenized reserve fund BRSRV

S&P gives BlackRock tokenized reserve fund top AAAm rating S&P Global Ratings assigned its highest principal stability fund rating, AAAm, to BlackRock’s new tokenized money market fund, BRSRV, citing the quality of its assets and counterparties, short maturity profile, and management’s ability to maintain a stable net asset value. The fund is structured as an open-end vehicle aimed at qualifying as eligible reserve assets for payment stablecoin issuers under the GENIUS Act.

10:43 DeFi

Aave proposal targets PT-USDe-22OCT2026 collateral listing on V3 Monad

Aave moves to add PT-USDe-22OCT2026 as collateral on Monad A proposal has been put forward to onboard Pendle’s PT-USDe-22OCT2026 as collateral on the Aave V3 Monad instance via the Direct to AIP process. The token’s Pendle pool on Monad currently has about $58,000 in liquidity, 12.6K PT outstanding and zero trading volume in the last session, while the matching sUSDe market holds $13.0 million; risk parameters and a dedicated E-Mode setup are still to be provided before an AIP vote.