A cluster of 12 wallets deposited 36 million USDC into Hyperliquid during the 24 hours ending Aug. 27 and used about $24 million to purchase HYPE, according to on-chain analyst EmberCN. Summary Suspected linked wallets deposited 36 million USDC into Hyperliquid through twelve addresses within one day. Twenty-four million USDC reportedly purchased 282,090 HYPE at
In the wake of Coldcard’s catastrophic entropy bug, self-custody advocates and experts have begun recommending a new standard, multi-vendor multisignature wallets, an approach that looks to minimize —among other threats— dependency on any single hardware wallet manufacturer. The Coldcard entropy bug that went undiscovered since at least 2021 has taught a hard lesson to the
Bitcoin’s long-term investment case is gaining support from rising U.S. debt and persistent fiscal deficits, according to BlackRock global head of digital assets Robbie Mitchnick. Summary $40.05 trillion U.S. debt has renewed investor attention toward Bitcoin and gold, according to Mitchnick. Mitchnick argues fiscal sustainability matters more for Bitcoin’s valuation than pending cryptocurrency market structure
Banks test quantum-safe digital asset wallets and transfers on NEAR’s testnet. MPC technology supports ML-DSA-65 signatures for post-quantum transaction security. Regulators assess governance, resilience and cross-border interoperability risks. Banks and regulators have launched a cross-regional pilot testing quantum-safe infrastructure for digital asset wallets and transfers on the NEAR testnet. The initiative aims to assess post-quantum
Havenex, an Austrian company advised by Sui co-founder Kostas “Kryptos” Chalkias, said on Aug. 26 that its Series A financing round was nearing completion as it pursued regulatory authorization. Summary Havenex says its Series A is nearing completion, although funding size and investors remain undisclosed. Havenex is seeking Austrian FMA authorization and cannot provide regulated
The Bank of England has abandoned proposed individual holding limits for systemic sterling stablecoins, moving instead to a £40 billion issuer-level cap. On the eve of MiCA entering full enforcement in the EU, the UK is positioning itself as a more flexible alternative. The question now is whether this approach can regulate stablecoins without weakening
Unstoppable Domains has dropped plans to seek ICANN recognition for its own Web3 domain extensions after finding that compliance, application, and auction costs would exceed the sales it expected to recover. Summary Unstoppable Domains did not apply for its Web3 extensions during ICANN’s 2026 round. Customers who bought affected blockchain domains will receive refunds, according
In Bitcoin ETF news today, Thailand’s SEC has opened a public consultation on draft rules that would allow asset managers to list spot BTC and ETH ETFs directly on the Stock Exchange of Thailand, giving everyday investors a regulated, exchange-traded route into crypto rather than requiring a private wallet or an offshore broker. The regulator
Chainalysis has estimated that potentially taxable onchain crypto activity exceeded $457 billion worldwide in 2025, while transactions within the practical reach of international reporting rules represented only 14% of the total. Summary Potentially taxable onchain crypto activity exceeded $457 billion globally during 2025. CARF-covered transactions represented only 14% of the activity identified by Chainalysis. The
The U.S. government has transferred a small amount of Bitcoin seized from Alameda Research’s Binance.US accounts three years ago, renewing attention on how federal agencies will handle the remaining assets. Summary The transferred Bitcoin came from Alameda-linked accounts seized from Binance.US three years ago. Arkham reported the transaction but did not identify it as a
