Crypto

Ripple CEO Brad Garlinghouse says the SEC lawsuit shows how regulatory uncertainty can send crypto jobs and investment offshore. The post Ripple SEC Case Becomes a Warning for Crypto Lawmakers appeared first on Cryptonews.

Researchers tied 63% of historical authorization transactions to attacker-linked contracts and measured $2.36 million in losses. The post Attackers drove 63% of early use of Ethereum’s new smart wallet feature appeared first on CryptoSlate.

Spot bitcoin ETFs pulled in $606 million on Aug. 20 and ether funds $221 million, both bigger than the prior day, confirming the institutional bid behind bitcoin's run.

The token touched $0.004126 minutes before the network stopped producing blocks, while MANTRA later said an attacker exploited a vulnerability in software used by the chain.

The proposal would let the FIU investigate suspected violations and refer unregistered crypto operators directly to law enforcement. A group of South Korean lawmakers has introduced a bill to amend an existing financial law and expand the Financial Intelligence Unit’s (FIU) authority to investigate unregistered crypto businesses. On Thursday, People Power Party lawmaker Eom Tae-young and nine other lawmakers filed the bill, which aims to add a new provision to the Act on Reporting and Using Specified Financial Transaction Information.  Under the proposal, anyone could report suspected violations of the law to the FIU. The agency could investigate and analyze alleged violations, file complaints with the relevant authorities, request criminal investigations or provide information to investigators.  Read more

Clearpool and Cicada Partners are building an institutional lending product using RLUSD, though the XRP Ledger features underpinning it are still awaiting activation.

Numerous altcoins have recorded more impressive gains today, led by Ripple's XRP.

The token recovered to about $0.0044 after setting a new low, while exchanges paused deposits and withdrawals from the halted MANTRA Chain. MANTRA’s native token sank 18.5% from its 24-hour high to a record low shortly before MANTRA Chain stopped producing blocks and its team announced a precautionary halt over an unexplained incident. According to CoinGecko, MANTRA fell from $0.005060 to an all-time low of $0.004126 around 11:00 pm UTC on Thursday. It later recovered to about $0.0044 but remained down roughly 10% over 24 hours, while trading volume climbed nearly 600% to $24 million.  MANTRA said Friday it was “aware of an incident affecting MANTRA Chain” and had halted the network as a precaution while it investigated. “We don’t have a root cause or timeline to share yet,” the project said, adding that all endpoints and transactions were frozen.  Read more

Most of its $89.3 million balance sheet remained tied to digital assets, staking and DeFi positions. The post BTCS used Ethereum to repay Aave debt and ended Q2 with just $317,000 in cash appeared first on CryptoSlate.

The two-day short liquidation total has reached about $3.8 billion, after Thursday's figure set a record going back to 2021.

UAE clients will be able to buy and hold crypto through Capital.com’s app, expanding beyond price exposure through contracts for difference. Trading platform and contracts for difference (CFD) broker Capital.com plans to offer spot crypto services to clients in the United Arab Emirates after its affiliate, Capital Vault, secured a virtual-asset license from the country’s Capital Market Authority (CMA).  According to an announcement sent to Cointelegraph, the license allows Capital Vault to deal in virtual assets as an agent or matching principal and provide custody on behalf of clients.   Once the service goes live, UAE clients will be able to buy and hold actual crypto through the Capital.com app, with Capital Vault providing execution, custody and settlement. This differs from Capital.com’s CFDs, which provide price exposure without ownership of the underlying crypto.  Read more

The private placement gives Fortitude 9.4% at a 22% premium while HeartSciences’ vote date remains unset. The post Zcash miner buys 9.4% of merger target that warns failed deal could end in liquidation appeared first on CryptoSlate.

"Bears in pain, right now," wrote bitcoin analyst James Check.

An options trader opened a large straddle on XRP, betting on wild price swings by Aug. 28.

The public network gives validators and infrastructure teams a place to test Glamsterdam’s client, builder and gas changes before the fork reaches established testnets and mainnet. The post Ethereum’s next upgrade turns a 2-second block bottleneck into a roughly 9-second window appeared first on CryptoSlate.

The proposed BankWyse acquisition requires fresh closing finance while Datavault's going-concern warning remains unresolved. The post Datavault wants to buy a bank and fund it with $35 million after reporting $1.4 million cash appeared first on CryptoSlate.

CME Group Chairman Terry Duffy and Kalshi co-founder Luana Lopes Lara traded barbs during a CFTC meeting over prediction markets, manipulation, and regulatory standards.

Three days in August did more for sentiment than the previous three months. ChatGPT AI predicts that the shift holds, and the price prediction places Bitcoin at $95,000 to $110,000 by the end of 2026, with $102,000 as the base case.The strongest near-term signal is renewed demand. U.S. spot Bitcoin ETFs attracted $297.5 million on […] The post We Asked Sam Altman ChatGPT AI Where Bitcoin Will Be at the End of 2026 appeared first on Cryptonews.

"HSBC's interoperability transaction with Standard Chartered via SWIFT is a landmark moment for the promise of tokenised deposits," said HSBC exec.

Only $35 million of BUZZ’s stated $180 million ARR is active; the rest depends on Q4 deployments. The post This Bitcoin miner just signed a $350 million AI deal, but it needs $185 million to make it work appeared first on CryptoSlate.