Latest news

08:41 Regulation

ASIC removes Yepbit-linked websites after users report blocked withdrawals

ASIC takes down Yepbit-linked sites after withdrawal complaints Australia’s corporate regulator has removed several websites linked to digital asset and futures platform Yepbit after investors reported they could not withdraw funds. ASIC said Yepbit falsely told customers their money had been frozen by the regulator during checks; ASIC said it had taken no action stopping refunds, and warned Yepbit has neither an Australian Financial Services Licence nor AUSTRAC virtual asset service provider registration.

07:13 Regulation

Japan blockchain consortium forms tax panel to address DeFi and stablecoin business use

Japan blockchain group sets up tax panel for stablecoins and DeFi The Japan Blockchain Collaborative Consortium has launched a Tax Policy Working Group to tackle tax uncertainty that it says is slowing corporate use of digital assets, especially in payments, remittances, fundraising and asset management. The panel will examine how companies should recognize gains and losses, value assets and handle tax filings for DeFi and stablecoin transactions, then propose guideline changes and institutional reforms to Japan’s tax authorities and relevant ministries.

07:12 Court

California Man Arrested in Alleged $97,000 Coinbase Theft From 89-Year-Old Retiree

California man arrested over alleged $97,000 Coinbase theft from retiree Ventura County investigators arrested 26-year-old William Ly on Aug. 4 on suspicion of financial elder abuse, grand theft and identity theft after alleging he drained more than $97,000 from an 89-year-old man’s Coinbase account through 80-plus unauthorized crypto transfers over 15 months. Detectives say Ly befriended the victim at a retirees’ breakfast club, reset the account password and routed funds to accounts and wallets allegedly tied to him.

06:41 Security

Ledger Executive Says Coldcard Breach Exposed Weak Randomness, Not Hardware Wallets

Ledger exec says Coldcard hack shows weak randomness, not hardware wallet risk Ledger’s Chief Human Agency Officer Ian Rogers told Bloomberg the $116 million Coldcard hack was caused by a 2021 firmware bug that sent seed generation through a software pseudorandom number generator instead of the hardware chip, leaving just 40 to 72 bits of entropy for attackers to brute-force. TRM Labs traced 1,082 BTC drained in the first 41-minute sweep on July 30; Rogers said AI is accelerating this kind of exploit and broader attacks on secrets and code.

05:12 Regulation

OCC says digital asset firms should have a route to U.S. bank charters

OCC says crypto firms should have a path to U.S. bank charters The OCC said Aug. 11 that digital asset firms engaged in legally permissible activities should have a route to U.S. national bank charters, as Comptroller Jonathan Gould pushed to revive new bank formation. The agency’s licensing list shows 13 pending digital asset applications, while OCC records also show at least one denial: Wise National Trust was rejected on July 21, underscoring that charter access is not automatic.

05:11 Regulation

South Korea Tax Agency Expands Crypto Tracking and AI Forensics in Evasion Drive

South Korea tax agency to add crypto tracing tools in anti-evasion push South Korea’s National Tax Service said it will expand transaction-tracking programs for virtual assets and upgrade its AI-based forensic system to crack down on tax evasion and asset concealment using digital assets. The agency will also widen rewards for tip-offs, while stepping up arrears collection with a 10,000-member team reviewing about 130 trillion won ($93.9 billion) in unpaid taxes.

04:40 Companies

eToro Crypto Unit Reports $7.2 Million Q2 Loss as Trading Activity Declines

eToro crypto unit swings to $7.2M Q2 loss as trading activity slumps eToro’s crypto business lost $7.2 million in Q2 as cryptoasset revenue fell to $1.35 billion from $1.91 billion a year earlier, hit by weaker trading activity. In July, crypto trades dropped 73% year over year to 1.4 million and average trade size fell 50% to $182, even as total net contribution rose 9% to $229 million and funded accounts climbed 18% to 4.28 million.

03:10 Security

Ravencoin Hits Record Low as Consensus Flaw Forces Competing Chain Response

Ravencoin drops to record low after consensus exploit hits mainnet RVN fell as much as 22% to $0.002754 after a consensus vulnerability let vulnerable Ravencoin nodes accept invalid blocks from block 4,487,776. Mining pools 2Miners and RavenMiner are building a competing chain that would exclude blocks after 4,487,775, a move that could force a roughly three-day reorganization and reverse later transactions. Upbit and Bitget suspended RVN deposits and withdrawals, while Upbit kept trading open.

01:41 Regulation

AUSTRAC Suspends Cryptolink, Taking 96 Crypto ATMs Offline for Three Months

AUSTRAC suspends Cryptolink and shuts 96 crypto ATMs for three months Australia’s financial crime regulator AUSTRAC has suspended Cryptolink’s virtual asset service provider registration, forcing its 96 crypto ATMs offline for three months after citing renewed anti-money laundering and counter-terrorism financing concerns. AUSTRAC said the company failed to meet basic threshold transaction reporting obligations, did not submit required reports or respond to an information request, and will be monitored until the suspension ends in early November.

00:41 DeFi

Robinhood Chain Reaches 11.6 Million Daily Transactions as TVL Climbs to $473 Million

Robinhood Chain hits record transactions and TVL as USDe surges Robinhood Chain averaged 11.6 million daily transactions last week, up about 30% week over week and its highest since launch, while TVL rose 32% to $473 million, The Block reported on Aug. 11. Daily active accounts increased just 3.3% and stayed 11% below the July 16 peak, suggesting heavier use by existing users rather than new inflows. Ethena’s USDe jumped to $253 million, about 43% of stablecoin supply, from $17 million a month earlier.

00:11 ETF & Funds

BlackRock Lowers Minimum for In-Kind Bitcoin-to-IBIT Swaps to $1 Million

BlackRock cuts IBIT in-kind swap minimum to $1 million BlackRock has lowered the minimum for in-kind Bitcoin-to-IBIT exchanges to $1 million from $25 million, opening the route to smaller holders without requiring a sale first. Robbie Mitchnick disclosed the change on Bloomberg’s ETF IQ on Aug. 10, and said the threshold could fall further; the swap also works in reverse through authorized participants.

23:10 Ethereum

ENS DAO Approves Foundation Overhaul and Shifts Control of $65 Million Endowment

ENS approves DAO overhaul, gives foundation control of $65M endowment Ethereum Name Service approved and executed its “Next Era of ENS DAO” plan on-chain with about 70% support, recasting the ENS Foundation as an independent operating body with a full-time executive director, staff, and a five-member board. The foundation will handle off-chain work, take control of the roughly $65 million ENS Endowment and protocol revenue oversight, while ENS Labs shifts to core tech development including ENSv2; the DAO will also make a one-time transfer of 1 million ENS tokens for employee compensation.

22:12 Tokenization

Coinbase Gets Abu Dhabi License to Build Tokenized Securities Business

Coinbase wins Abu Dhabi approval for tokenized securities hub Coinbase has received Financial Services Permission from Abu Dhabi Global Market’s FSRA to arrange investment deals and provide custody for tokenized securities, giving it a regulated base to issue and service digital securities tied to traditional assets. The exchange said eligible verified holders will get shareholder rights including dividends and voting, while Abu Dhabi will serve as its main tokenization hub outside the US.

21:45 Prediction Markets

CFTC tells Kalshi to keep New York prediction markets open during state court fight

CFTC orders Kalshi to keep New York markets open amid state lawsuit The CFTC said Kalshi can continue operating its prediction markets in New York despite a lawsuit filed by Attorney General Letitia James at the end of July seeking to shut the platform. Using emergency authority, the agency said federal law governs prediction markets as swaps and argued New York’s gaming laws do not apply to interstate financial exchanges; court rulings on moving the case to federal court are still pending.

21:42 NFT & Gaming

Spritehood NFT Mint on Robinhood Chain Brings In About $1.28 Million

Spritehood NFT mint raises $1.28M on Robinhood Chain in under an hour Spritehood sold 42,956 paid NFTs on Robinhood Chain in about 53 minutes on Aug. 11, generating roughly $1.283 million for Pudgy Penguins co-founder Cole Villemain, based on on-chain analysis cited by The Defiant. Buyers minted 37,430 NFTs at $17 and 5,526 at $117, while 1,488 more were distributed for free, taking the reported total supply to 44,444. Contract code on Blockscout is marked unverified, limiting public review of the mint mechanics.

21:41 Security

Coreum Bridge Exploit Drains 199,916 XRP After Deposit Check Failure

Coreum bridge exploit drains 199,916 XRP in 97 minutes Coreum’s cross-chain bridge lost 199,916 XRP on Aug. 9 after an attacker exploited a deposit verification flaw to trigger withdrawals without making real deposits. XRPL.io shows the bridge sent 94 XRP payments approved by 17 of 28 relayer keys, with the funds moved to two newly created wallets, leaving the bridge with 493.5 XRP.

21:14 Court

Russian Authorities Say Nine Crypto Laundering Channels Were Shut in Moscow City

Russia says it dismantled nine crypto laundering channels in Moscow City Russia’s FSB and Interior Ministry said they shut down nine foreign-coordinated cryptocurrency channels in Moscow City and detained more than 20 staff from unregistered exchange offices, along with several couriers. Investigators claim the network helped move funds stolen by Ukrainian call centers targeting Russian citizens abroad; criminal cases for large-scale organized fraud have been opened, with suspects facing up to 10 years in prison.

21:13 Regulation

SEC Schedules Vote on Crypto Offering Rules After Senate Stalls CLARITY Act

SEC to consider new crypto offering rules at Friday meeting The US Securities and Exchange Commission has scheduled an open meeting for Friday to consider “new rules to create a tailored offering regime for certain investment contracts involving crypto assets,” signaling a possible policy move without waiting for Congress. The agenda comes after Senate lawmakers failed last week to pass the Digital Asset Market Clarity Act, which was expected to set a broader framework for crypto oversight.

21:12 Court

CFTC accuses Goliath Ventures of running $397 million crypto Ponzi scheme

CFTC sues Goliath Ventures and CEO over alleged $397M crypto Ponzi The CFTC sued Florida-based Goliath Ventures and CEO Christopher Delgado, alleging they raised at least $397 million from about 1,600 customers by claiming bitcoin and ether would be deployed to DeFi liquidity pools, while no funds were invested and customer money was misappropriated. Prosecutors separately charged Delgado in February, and he pleaded guilty in June to wire fraud and money laundering counts.

19:43 ETF & Funds

Bank Accepts Bitwise’s Solana Staking ETF as Loan Collateral at 25% LTV

Bank approves loans against Bitwise’s Solana staking ETF shares A major bank has approved Bitwise’s U.S.-listed Solana staking ETF, BSOL, as collateral for securities-backed loans, letting customers borrow up to 25% of the value of pledged shares. Bitwise CEO Hunter Horsley disclosed the move, which adds a lending function to the ETF while keeping borrowers exposed to BSOL price swings; terms such as interest rate, minimum size and repayment period were not disclosed.

18:56 Security

Address Poisoning Scam Sends $100K in USDT to Lookalike Wallet

User loses $100K in USDT to address poisoning scam A crypto user sent about 100,000 USDT to a lookalike wallet address that an attacker had planted in the victim’s transaction history 66 days earlier, Cyvers Alerts said on Aug. 11. Cyvers said the attacker later swapped the stolen funds for about 52.8 ETH, in what it described as a social-engineering attack that relied on the victim selecting a forged address from history rather than a flaw in Tether, Ethereum, or the wallet software.

15:56 Market

Kraken Pro Increases BTC/USD Margin Leverage Ceiling to 20x in Select Markets

Kraken Pro raises BTC/USD margin leverage to 20x Kraken Pro has raised the maximum leverage on BTC/USD margin positions to 20x for eligible traders in select markets. The change applies only to BTC/USD margin, not other pairs or futures, while the margin engine, liquidation price, margin ratio, take-profit/stop-loss tools, and margin fees remain unchanged. Eligibility depends on local regulations and is shown in the Kraken Pro app.

15:12 Web3

ENS DAO Approves Full-Time Foundation With Executive Team and Five-Member Board

ENS token holders approve full-time Foundation with executive team and board ENS token holders have approved a proposal to turn the ENS Foundation into a full-time organization with an executive director, staff and a five-member board, creating a formal structure to handle contracts, hiring, trademarks and regulatory engagement. The foundation will represent ENS before bodies including ICANN, the IETF and W3C, while protocol control stays with token holders and 1 million ENS will be transferred to the foundation for employee compensation.

13:41 Companies

TON Strategy Reports $15 Million in Q2 Staking Revenue as GRAM Holdings Reach 230.5 Million

TON Strategy reports $15M in Q2 staking revenue after TON upgrade TON Strategy said Q2 staking revenue jumped to $15 million from $3 million in Q1 after the TON network’s Catchain 2.0 upgrade cut block time to about 0.4 seconds from roughly 2.5 seconds, lifting validator rewards and staking yield to an annualized 17%. The company held about 230.5 million GRAM at end-June, with 229.9 million staked, and posted $83.5 million in pretax income, largely driven by an $82.8 million valuation gain on its GRAM holdings.

12:41 Regulation

Bank of Russia proposes exchange trading for Bitcoin, Ether and USDT

Bank of Russia proposes exchange trading for BTC, ETH and USDT Russia’s central bank has proposed allowing Bitcoin, Ether and Tether’s USDT to trade on regulated exchanges after a law signed by President Vladimir Putin on Aug. 4 gave it authority to decide which digital currencies can be admitted to organized trading. Under the draft rules, non-qualified investors would be capped at 300,000 rubles ($3,650) in crypto purchases per year through each intermediary, while all investors would have to pass a test on crypto risks. Comments are open until Aug. 24.

11:41 Tokenization

Coinbase secures Abu Dhabi approval for tokenized securities hub

Coinbase wins Abu Dhabi approval for tokenized securities hub Coinbase said it has secured Financial Services Permission from the Financial Services Regulatory Authority of Abu Dhabi Global Market to arrange investment deals and provide custody for tokenized securities. The exchange plans to use the license to offer digital securities backed by underlying shares, with the tokens registered and issued in ADGM under FSRA oversight, expanding its UAE footprint alongside its Dubai derivatives business.

11:14 Companies

MARA’s $600M Bitcoin-Backed Loan Signals a More Institutional Lending Market

MARA secures $600M in bitcoin-backed loans without selling BTC Public companies are increasingly borrowing against bitcoin instead of selling it, and MARA Holdings is a clear example: it pledged 18,750 BTC to secure $600 million in term loans from Coinbase Credit and Two Prime Lending at a fixed 7.65% rate, due in August 2028. Two Prime said the market is maturing, with larger, longer-dated and more tailored bitcoin-backed financing becoming part of corporate funding.

10:42 Security

Coldcard hack loss estimates range from 1,432 BTC floor to about 1,816 BTC

Coldcard hack loss estimate ranges from 1,432 BTC to about 1,816 BTC Investigators still have no definitive loss figure for the Coldcard hack, with estimates diverging because the theft hit self-custody wallets and relies on victim reports plus on-chain tracing. CryptoQuant has confirmed 1,432 BTC as a floor, while Galaxy Research puts its high-confidence minimum at 1,730 BTC and TRM Labs estimates about 1,816 BTC from more than 5,200 addresses, saying the total could keep rising as more victims come forward.

09:50 ETF & Funds

Coinbase launches 170-plus derivatives contracts for eligible UK professional clients

Coinbase rolls out 170+ derivatives contracts for UK professional clients Coinbase has launched more than 170 derivatives contracts for eligible professional investors in the UK, led by 24/7 perpetual futures with up to 50x leverage. The rollout will expand over the coming weeks and months to contracts across crypto, commodities, equities and FX, while dated futures will offer up to 20x leverage and the new options product will be limited to crypto.

09:45 Security

Coreum XRPL Bridge Lost 199,916 XRP in Suspected Relayer Logic Exploit

Coreum XRPL bridge drained of nearly 200,000 XRP in relayer logic exploit On-chain analysis says 199,916.3 XRP was drained from Coreum’s XRPL bridge on Aug. 9 after relayers treated attacker self-payments with bridge memos as valid deposits and signed 94 withdrawals over 97 minutes. The evidence points to a destination-check flaw in relayer code, not stolen keys or an XRP Ledger failure; the bridge remains halted and Coreum had not published an official incident report by Aug. 11.

07:44 ETF & Funds

BlackRock lowers IBIT in-kind conversion minimum to $1 million

BlackRock cuts IBIT in-kind conversion minimum to $1 million BlackRock has lowered the minimum in-kind conversion size on its iShares Bitcoin Trust from $25 million to $1 million, a 96% cut, Robbie Mitchnick, the firm’s head of digital assets, said on Bloomberg TV. The change opens IBIT’s bitcoin-for-shares mechanism to more authorized participants and mid-sized institutions, which could improve liquidity, tighten tracking to spot BTC, and narrow bid-ask spreads.

06:41 Infrastructure

Pi Network Sets Aug. 11 Protocol 26 Cutoff for Mainnet Node Operators

Pi Network sets Aug. 11 Protocol 26 cutoff for node operators Pi Network said node operators who fail to complete the Protocol 26 upgrade by Aug. 11, 2026 will be disconnected from mainnet, a move that could temporarily reduce active validators across its 421,000-node network. The upgrade focuses on contract security, state management and cryptographic capabilities, and comes ahead of Protocol 27, which Pi describes as the final major step before full network maturity.

05:45 Stablecoins

TRON processed $2.1 trillion in USDT transfers in Q2 as U.S. market access widened

TRON handled $2.1T in USDT transfers in Q2 2026 TRON processed $2.1 trillion in USDT transfers in Q2 2026 as its stablecoin market hit a record $89.2 billion and USDT supply on the network reached $87.9 billion, the largest circulating balance among blockchains. U.S. access also widened, with Binance.US restoring TRX trading, Bitnomial adding TRX and launching U.S.-regulated futures, and Anchorage Digital enabling institutional TRX staking custody.

05:13 Regulation

South Korea Approves Tougher VASP Screening and Wider Travel Rule for Crypto Transfers

South Korea expands crypto travel rule to all transfers South Korea’s Cabinet approved revised AML rules that tighten VASP registration screening and extend the travel rule to all virtual-asset transfers between registered operators, regardless of amount, to stop transaction splitting. The decree also broadens shareholder reviews, allows filings to be rejected on financial and compliance grounds, and gives existing operators a one-year grace period; the registration rules start Aug. 20, while the travel-rule expansion takes effect six months after promulgation.

04:42 Regulation

FATF Sets New DeFi Control Test for AML Oversight

FATF unveils new test for DeFi control The Financial Action Task Force has introduced a “control or sufficient influence” test that could pull some DeFi protocols under global AML and counter-terror financing rules even if they call themselves decentralized. Regulators can examine governance, smart-contract upgrades, treasury assets, fees, admin permissions and wallets to identify who really influences a protocol, while stablecoins used in DeFi face added scrutiny when linked to illicit activity.

04:41 Companies

H100 Lifts Bitcoin Treasury to 3,506 BTC Through Moonshot and PDI Share Deal

H100 boosts Bitcoin treasury to 3,506 BTC via Moonshot and PDI deal Swedish health tech firm H100 added 2,455.7 BTC by acquiring Norwegian companies Moonshot and PDI in an all-equity transaction, lifting its treasury to 3,506 BTC worth about $226.7 million at current prices. H100 funded the deal by issuing about 790.5 million new shares valued at roughly SEK 1.47 billion at SEK 1.86 each, moving the company from 42nd to 26th among public firms by Bitcoin holdings.

04:11 Regulation

US Treasury Sanctions Shelbit and Aban Tether Over Alleged Iran-Linked Crypto Activity

US sanctions hit Shelbit and Aban Tether over alleged Iran-linked flows The US Treasury’s OFAC on August 7 sanctioned crypto exchanges Shelbit and Aban Tether, accusing them of moving funds for Iran’s Islamic Revolutionary Guard Corps. OFAC said TRM Labs traced more than $6.3 billion through Dubai-registered Shelbit between May 2024 and March 2026, while Aban Tether processed transactions with already sanctioned Iranian platforms including Nobitex, Wallex, Bitpin, and Ramzinex.

03:40 Security

BTCPay supporters offer up to 3 BTC bounty after Lightning wallet exploit

BTCPay backers offer up to 3 BTC bounty after Lightning wallet exploit BTCPay Server supporters pledged a bounty worth 10% of any recovered stolen funds, capped at 3 BTC, after a critical flaw in versions before 2.4.2 was actively exploited. BTCPay said attackers could steal LND admin macaroon credentials and take control of connected Lightning wallets, while onchain wallets were not affected, and urged users to upgrade to 2.4.2 or shut down servers and rotate credentials.

02:00 Regulation

Brazil Orders 24-Hour Delay on Some Crypto Outbound Transfers From 2027

Brazil central bank orders 24-hour hold on some crypto outbound transfers Brazil’s central bank on Aug. 7 published Resolution BCB No. 584/2026, requiring crypto firms to hold outbound transfers for up to 24 hours when a single transfer or a customer’s daily total exceeds $10,000 and is sent to a self-custody wallet or a platform outside Brazil. The rule, effective Jan. 1, 2027, extends the country’s fraud-prevention framework to crypto and stablecoins and is designed as a review window rather than a freeze.

22:41 Regulation

Senate Schedules Sept. 15 CLARITY Act Vote After Recess Delay

Senate sets Sept. 15 vote on CLARITY Act after missing pre-recess push The U.S. Senate did not advance the CLARITY Act before its August recess, but Majority Leader John Thune filed cloture to force a Sept. 15 procedural vote on whether formal debate can begin. The bill needs 60 votes, with ethics rules and stablecoin rewards still dividing senators, while Sen. Cynthia Lummis and Coinbase executives called the delay frustrating and disappointing.

22:12 DeFi

Ripple Validator Supports XRPL Vault and Lending Amendments as Voting Continues

Ripple backs XRPL lending and vault amendments in validator vote Ripple’s validator has voted for two XRP Ledger amendments that would add single-asset vaults and fixed-term institutional lending at the protocol level. XLS-65 would let users pool one asset such as XRP or RLUSD into vaults, while XLS-66 would use that liquidity for fixed-term loans with off-chain credit checks and on-chain servicing, repayments and defaults; both still need separate validator approval for activation.

22:10 Companies

Bitmine Raises Ethereum Holdings to 5.81 Million ETH, Closing In on 5% Supply Goal

Bitmine lifts Ethereum treasury to 5.81M ETH, nearing 5% supply target Bitmine Technologies bought another 7,391 ETH, raising its treasury to 5.81 million ETH, or about 4.8% of Ethereum’s total supply. At an ETH price of $1,928, the holdings are worth roughly $11.2 billion, and the company said 5.07 million ETH is staked. BMNR shares still fell 3.61% Monday to $18.14 and are down 39.66% this year.

21:12 Mining

Keel Ends US Bitcoin Mining and Sells 1,085 BTC as It Redirects Sites to AI Data Centers

Keel shuts all US bitcoin mines and sells 1,085 BTC for AI pivot Keel Infrastructure, formerly Bitfarms, said in its Q2 results it has decommissioned all US bitcoin mining sites and sold 1,085 BTC for $75 million between April 1 and Aug. 7 as it repurposes the properties for AI and high-performance computing data centers. The sale cut its bitcoin holdings to 1,861 BTC worth about $121 million as of Aug. 7, while KEEL shares fell more than 11% on Monday.

20:42 DeFi

LlamaRisk seeks lower Aave V3 caps on Plasma, Mantle, Avalanche and Arbitrum

LlamaRisk proposes Aave V3 cap cuts across four networks LlamaRisk has recommended lowering multiple Aave V3 supply and borrow caps on Plasma, Mantle, Avalanche and Arbitrum after its latest reserve review found excess headroom over current demand. The biggest proposed changes include cutting Plasma sUSDe’s supply cap from 450,000,000 to 225,000,000 and Arbitrum WETH’s supply cap from 240,000 to 150,000, with the updates set to be implemented through Aave’s Risk Steward process.

19:11 Regulation

South Korea Opposition Seeks to Push Crypto Profit Tax Start to 2030

South Korea opposition moves to delay crypto tax to 2030 People Power Party lawmaker Jeong Seong-guk has proposed delaying South Korea’s 22% tax on crypto profits from Jan. 1, 2027, to Jan. 1, 2030, setting up a clash with the government, which reaffirmed this week that taxation will start as scheduled. The tax would apply to annual crypto gains above 2.5 million won ($1,800), affecting a market of about 13 million South Korean traders.

18:42 ETF & Funds

BlackRock Canada lists TSX ETF combining global equities with a 3% Bitcoin allocation

BlackRock Canada launches TSX-listed equity ETF with 3% Bitcoin allocation BlackRock Canada has launched the iShares Equity + Bitcoin ETF Portfolio, ticker IBQT, on the TSX, bundling a 97% global equity allocation with 3% Bitcoin in one listed product. The fund gets its crypto exposure through BlackRock’s Canadian iShares Bitcoin ETF, IBIT, and charges a 0.22% annual management fee, offering Canadian investors stock and Bitcoin exposure through a single ticker.

17:16 Regulation

FATF Issues First DeFi AML Report Centered on Control and Influence Test

FATF publishes first DeFi-specific AML report The Financial Action Task Force has issued its first DeFi-focused report, saying protocols should be assessed under existing AML/CFT rules based on who has “control or sufficient influence,” not whether they call themselves decentralized. The 49-page framework says identifiable controllers can bring a protocol into VASP scope, while blockchain analytics and off-chain signals like front-end or repo control are key tools for supervisors to make that determination.

17:15 Mining

Keel Ends U.S. Bitcoin Mining as It Readies Sites for AI and HPC Data Centers

Keel shuts down all US bitcoin mining to pivot to AI data centers Keel Infrastructure has decommissioned all of its U.S. bitcoin mining operations and sold 1,085 BTC for $75 million between April 1 and Aug. 7 as it prepares the sites for AI and high-performance computing data centers. The company, which became Bitfarms’ parent in April and rebranded, said it still holds 1,861 BTC; shares fell more than 11% intraday, while revenue dropped 50% year over year to $30 million.

17:13 Security

Crypto Projects Lost About $110M in July as 2026 Hack Count Nears Record Pace

Immunefi says 2026 is on pace for a record year of major crypto hacks Crypto projects lost about $110 million to hacks in July, and Immunefi said 2026 could surpass 2024’s record for major incidents. The platform has logged 164 hacks through Aug. 3, including 67 losses above $1 million, and projects that figure could reach 114 by year-end versus the previous record of 72. Immunefi also said audit competitions found 6.2 serious flaws per engagement on average, compared with 1.5 in private tier-1 audits.

16:43 DeFi

Curve Expands Llamalend V2 to Ethereum as crvUSD Borrowing Costs Fall

Curve launches Llamalend V2 on Ethereum mainnet Curve rolled out Llamalend V2 on Ethereum in July, activating sDOLA and sfrxUSD markets on 21 July and deploying syrupUSDC on 24 July, with caps of $12.4M, $28.4M and $51.8M. The launch came as average crvUSD borrow rates fell from 5.6% to 2.0%, helping borrower-minted crvUSD rise 29% to $36.7M and collateral backing those loans jump 43% to $70.5M.