AI and Crypto: Digital Assets Thoughts of the Week

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Why AI will select AI “The sheer number of AI agents is already unmanageable at enterprise scale. Gartner predicted that the average Fortune 500 company will go from less than 15 AI agents in 2025 to more than 150,000 in 2028, while only 13% of… Read More

 

 




Fasset Reaches $1B Valuation with SBI Group Backing its Stablecoin Payments Expansion Efforts

Fasset, a Los Angeles-based platform focused on stablecoin-powered digital banking, has secured a $1 billion valuation after closing a $68 million Series C funding round. Japan’s SBI Group (TYO: 8473) has reportedly led the investment, reinforcing support for the company’s strategy centered on cross-border payments… Read More

The Sandbox Reports Security Incident Impacting Cross-Chain Bridging Infrastructure

The Sandbox, the blockchain-based metaverse and gaming platform, faced a significant security incident involving its cross-chain bridging infrastructure. The vulnerability allowed an unauthorized party to generate large volumes of SAND tokens without proper collateral on the Base and BNB Smart Chain networks. Security researchers first… Read More

Republic Europe Lists AI SEIS Fund: Symvan Technology

Republic Europe (Formerly Seedrs) has listed another fund, this time an SEIS-qualified fund, Symvan Technology. The fund, which provides immediate investment diversification, targets artificial intelligence (AI) and machine learning firms. The offering is a direct investment with a minimum of £2000. Fees align with transaction… Read More

Circle Gets Price Target Updates

Circle (NASDAQ:CRCL), a leading dollar stablecoin issuer (USDC), has drawn analyst interest in recent days, including price target changes. Circle went public a bit over a year ago (June 5, 2025) at an initial public offering (IPO) price of $31 a share. So far, investors who… Read More

Treasury Secretary Scott Bessent on Iran: We are now entering the endgame

Yesterday, US Secretary of the Treasury Scott Bessent issued a statement declaring, “We are now entering the endgame,” when it comes to the war with Iran. Bessent promised to launch the greatest financial offensive ever targeting another nation while stating the Trump administration had destroyed… Read More

UK Court Orders Closure of Key Coin Assets After Investors Lose Over £300K in Ponzi-Style Crypto Scheme

A London High Court has ordered the closure of Key Coin Assets Ltd, an unauthorized cryptocurrency investment firm, after an investigation revealed that nine investors who reported the matter to Action Fraud had collectively handed over more than £300,000. The Insolvency Service granted the winding-up order… Read More

Ethereum based DeFi Lending Protocol Term Finance Suffers Setback as Governance Exploit Drains Millions from Vaults

The Ethereum-based fixed-rate lending platform Term Finance has suffered substantial losses after an attacker manipulated its governance system. Security researchers estimate the damage at around $8.5 million, with the majority of assets drained from the protocol’s specialized vault products on August 23, 2026. According to… Read More

Monzo Co-founder Jason Bates’ Monaco Bank Faces Legal Challenge Over Regulatory Fine Appeal

A formal legal challenge has arisen at the Monaco private banking operation associated with Jason Bates, a co-founder of the UK digital bank Monzo. The matter involves Moncrief Private Bank (Monaco) S.A.M., previously known as Banque Havilland (Monaco) S.A.M., and stems from a regulatory decision the bank… Read More

Bank of Russia Introduces Knowledge-Based Path to Qualified Investor Status

Russia’s central bank has relaxed the criteria for individuals seeking qualified investor status by introducing a domestic financial knowledge examination and related certificates. The change, set to take effect on August 31, 2026, aims to make the designation more attainable through demonstrated understanding of markets… Read More

AI Tools Increasingly Being Leveraged to Enable Crypto Crime and Other Illicit Financial Activities

AI tools are transforming cryptocurrency-related illicit activities, with overall adoption climbing sharply according to recent findings from blockchain intelligence firm TRM Labs. The company’s 2026 AI-in-Crime Adoption Index scores the use of artificial intelligence across crypto crime at 54 out of 100, placing it in… Read More




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L Catterton Invests in Japan Wealth Manager Financial Standard

Global consumer-focused investment firm L Catterton has agreed to make a strategic investment in Japanese independent financial advisory firm Financial Standard, as the private equity firm seeks to tap growth in Japan’s expanding wealth management market. The financial terms of the transaction were not disclosed…. Read More

Hyperliquid (HYPE) Token Surges to Record High After Nearly Tripling in 2026 Amid Progressive US Regulatory Developments

The native token of the so-called decentralized trading platform Hyperliquid, known as HYPE, has reached a fresh all-time high, surpassing $77 in recent sessions. This milestone caps a strong year in which the asset has advanced almost 200% from the start of 2026. The gains… Read More

Singapore, India Accounting Bodies Deepen Ties on AI Training

Singapore’s national accountancy body has agreed to deepen cooperation with its Indian counterpart on artificial intelligence training and professional qualification recognition, potentially extending a Singapore-developed AI programme to more than 1.5 million members and students in India. The Institute of Singapore Chartered Accountants (ISCA) and… Read More

Digital Bank Revolut Submits Application for Banking License in Finland

Digital bank Revolut has applied to open a branch in Finland, aiming to deliver local account details and closer everyday banking options to its existing users there. The fintech firm, operating in the European Economic Area through its Lithuanian-licensed entity Revolut Bank UAB, confirmed that… Read More

Grayscale Investments Advances Plans for Spot Zcash (ZEC) ETF Through Updated SEC Filing

Grayscale Investments has taken another significant step toward offering the first US spot exchange-traded fund focused on Zcash, the privacy-oriented cryptocurrency. On August 21, 2026, the firm submitted Amendment No. 5 to its Form S-3 registration statement with the US Securities and Exchange Commission (SEC),… Read More

Laser Digital Japan Secures Regulatory Approval for Institutional Crypto Services

Laser Digital Japan Co., Ltd. has finalized its registration as a Crypto Asset Exchange Service Provider under the Payment Services Act. The Tokyo-based firm, the local arm of Nomura’s digital assets subsidiary Laser Digital, announced the milestone on August 21, 2026. This marks the first… Read More

Payments Firm Helcim Raises $38 Million As Valuation More Than Doubles

Calgary-based payments company Helcim has raised C$53 million ($38 million) in a Series C funding round led by BDC Capital’s Growth Venture Fund, lifting its valuation to C$250 million as it seeks to capture growing demand from small and mid-sized businesses. The round included new… Read More

Bitcoin Holders Prepare for Matching eCash (ECX) Balances as Multi-Phase Hard Fork Begins

Bitcoin owners are getting ready to claim an equivalent amount of a new cryptocurrency known as eCash, or ECX, as a planned hard fork of the Bitcoin blockchain moves into its initial phase. The project, developed by LayerTwo Labs under the leadership of longtime Bitcoin… Read More

Grayscale Research Identifies Key Reasons Bitcoin (BTC) Could Be Worth Buying Right Now

Grayscale Investments has examined conditions that may interest long-term investors evaluating whether to increase their Bitcoin holdings. The firm’s head of research, Zach Pandl, outlined several elements that appear to be coming together, while emphasizing that future price movements remain uncertain and that market timing… Read More

Thredd, Apple Pay, Kraken, Nium Among Those Announcing Product Releases, Partnerships This Week

Thredd to underpin Cashi’s Hong Kong stablecoin card debut Thredd contributes issuer processing infrastructure for Cashi, whose app lets users send and hold digital assets. The card can facilitate daily spending. In Hong Kong, users get virtual Visa cards and Google Pay support. Apple Pay… Read More

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