The U.S. Treasury doubled its long-end buyback operations on Aug. 19, compressing yields and triggering the largest single-day crypto rally since March. This is the plumbing story nobody else traced. Summary The U.S. Treasury announced it will at least double the maximum size of its liquidity support buyback operations for 10-to-20-year and 20-to-30-year nominal coupon
Backed by Hana Financial Group and SK Telecom, BitGo Korea built a locally registered entity from scratch to serve institutional and enterprise clients, rather than taking the acquisition route. Source link
HTX denied authorizing a series of disputed cryptocurrency microtransfers on Aug. 20 after some users alleged that funds originating from HTX-linked addresses caused compliance restrictions at Kraken and other exchanges. Summary HTX said its internal review found no official accounts behind disputed small cryptocurrency transfers reported. Kraken said British sanctions require restrictions on funds transferred
Daily liquidations of Bitcoin positions surged on Wednesday after the price of the leading digital asset flirted with $70,000. Over $1.7 billion in positions held by traders shorting the biggest cryptocurrency have been closed in the past 24 hours, according to Coinglass data. And the vast majority — $1.5 billion — of those positions were
Australia’s securities regulator has removed 3,106 cryptocurrency investment scams during FY26 as its total online scam takedowns surged 182% to more than 19,400. Summary ASIC removed 3,106 cryptocurrency investment scams during FY26, nearly 30% more than the previous year. Total online scam takedowns surged 182% to more than 19,400, including fake investment platforms and phishing
Ripple minted 10 million RLUSD on the XRP Ledger as its market cap hit $1.71B. The transaction was processed on August 17 with a low fee of 0.000405 XRP. Circulation surpassed 1.71 billion RLUSD with $58 million daily volume. Ripple minted 10 million RLUSD on the XRP Ledger on Aug. 17, expanding the stablecoin’s circulating
The Commodity Futures Trading Commission requested public comment on August 19 about how U.S. exchanges should list and oversee derivatives tied to artificial intelligence computing capacity. Summary The CFTC requested public comments on compute derivatives, market oversight, manipulation risks and customer safeguards. The deadline will fall 60 days after publication in the Federal Register, which
A U.S. federal court has resolved the CFTC’s cases against Caroline Ellison and Gary Wang by imposing five-year trading bans and registration bans of up to 10 years. Summary Ellison received a five-year trading ban and a 10-year CFTC registration ban. Wang received a five-year trading ban and an eight-year registration ban. Both sanctions date
Bank of England policymaker Megan Greene predicts tokenised deposits will overtake stablecoins within five years. Yet the more important question is what kind of digital money ecosystem emerges. In the end, they may serve different purposes. Tokenised deposits upgrade the existing banking system. Stablecoins have expanded access to stable currency savings, self-custody and public blockchain
Bitcoin has triggered eight of VanEck’s 12 capitulation signals after falling 49% from its peak, although the firm’s historical data has shown no return advantage within six months. Summary Eight of VanEck’s 12 capitulation indicators remain active, while all 12 fired during the past three months. Bitcoin averaged 12.8% returns after 90 days when eight
