Omar Faridi

Coinsbuy Crypto Wallets Hit by Cross-Chain Drain on Ethereum and TRON, Losses Near $8 Million

A significant security incident has struck Coinsbuy, a B2B cryptocurrency payment processing platform serving enterprises, merchants, and exchanges. On-chain investigators reported that wallets linked to the service were drained of approximately $7.9 million in assets spanning the Ethereum and TRON networks. #PeckShieldAlert Specter has reported… Read More

Brazil to Impose 24-Hr Hold on Crypto Transfers to Self-Custody Wallets in Fraud Crackdown

Brazil is preparing to strengthen safeguards against cryptocurrency-related fraud through a new regulatory measure that introduces a mandatory waiting period for certain outbound transfers. The Central Bank of Brazil (Banco Central do Brasil) published Resolution BCB No. 584/2026 on August 7, 2026, amending earlier fraud-prevention… Read More

BitMEX Founder Arthur Hayes Flags Potential Bitcoin (BTC) Price Dip to $50K Before Hitting $1M Mark

Arthur Hayes, the co-founder of BitMEX and chief investment officer at Maelstrom, has outlined a scenario in which Bitcoin could experience further short-term weakness before ultimately surging to extraordinary heights. In a recent essay, the crypto commentator suggested that the leading digital asset might trade… Read More

North Korean Hackers Leverage AI to Enable Strikes on Crypto and Finance Targets

Cybersecurity researchers have uncovered evidence that the North Korean threat actor known as Kimsuky is weaving artificial intelligence more deeply into its operations. The group, long associated with intelligence gathering and revenue-generating cyber activity for the regime, now appears to be experimenting with local large… Read More

Tokenized Real-World Assets (RWAs) Near $40B Milestone as US Treasury Debt Dominates

The tokenized real-world assets (RWA) ecosystem is rapidly approaching the $40 billion threshold. Recent figures from the industry tracker place the total distributed on-chain value of these assets at just over $38 billion, leaving only a relatively small gap before the next major milestone is… Read More

Texas Governor Orders Audit of Data Centers Seeking Grid Access, Heightening Oversight of AI and Bitcoin Mining Facilities

Texas is intensifying its examination of large-scale power users as Governor Greg Abbott has instructed state regulators to thoroughly review every data center project seeking to connect to the Electric Reliability Council of Texas (ERCOT) grid. The August 3, 2026 directive requires the Public Utility… Read More

Bitkub Strengthens Digital Assets Protection via Coinbase Institutional Partnership

Bitkub Exchange continues to highlight its long-standing relationship with Coinbase Institutional, part of Coinbase (NASDAQ:COIN), a collaboration that has been in place since August 2021. The Thai digital asset platform regards this arrangement as a key element of its approach to protecting customer holdings, relying… Read More

Tokenized Equities and ETFs Expand Across Ethereum, Solana, BNB Chain

Token Terminal indicated that the market for tokenized stocks and exchange-traded funds has shifted away from heavy reliance on any one blockchain network. Recent figures highlight a more balanced distribution of market value across several major platforms, underscoring growing maturity in the on-chain equities sector…. Read More

Germany Considers Backing Bitcoin (BTC) Critic Nagel Joachim for ECB Presidency

German authorities are currently evaluating whether to put forward Joachim Nagel, the head of the country’s central bank, as a candidate to lead the European Central Bank (ECB). This internal deliberation stems from growing talk that the current ECB president, Christine Lagarde, could step down… Read More

Intesa Sanpaolo Dramatically Cuts Bitcoin (BTC) ETF Stake While Tripling Staked Ethereum (ETH) Holdings

Italy’s largest banking group, Intesa Sanpaolo (BIT: ISP), has executed a notable shift in its cryptocurrency-related exchange-traded fund portfolio during the second quarter of 2026. According to its latest quarterly disclosure submitted to US regulators, the institution substantially reduced its position in a major Bitcoin… Read More

New AI Tool Blanket, Supported by Kalshi, Aims to Help Small Businesses Manage Everyday Risks via Prediction Markets

Small and medium-sized businesses often face the same uncertainties as large corporations—unpredictable weather, fluctuating fuel costs, election-related policy shifts, or even the financial impact of promotional campaigns—but rarely have access to sophisticated risk management tools. A new artificial intelligence application called Blanket aims to change… Read More

OpenAI Pauses Development of Astra Model Amid Possible Critical Cybersecurity Risks

OpenAI has announced a deliberate slowdown in aspects of its work on Astra, an advanced AI system still under development, after recent internal assessments raised the possibility that the model could possess high-level cybersecurity abilities. The company stated that evaluations conducted over several days revealed… Read More

Bitcoin Policy Institute, Palantir, Anduril Named Partners in US State Department’s Freedom Tech Excellence Program

The US State Department has introduced a new public-private collaboration known as the Freedom Tech Excellence Program, or FTEP. This initiative aims to strengthen American diplomatic efforts focused on digital liberty and free expression around the world by temporarily integrating specialists from the private sector… Read More

Large Ethereum (ETH) Holder Exits Position After Multi-Year Hold, Realizing $19M+ in Losses

A large Ethereum investor has liquidated a substantial portion of long-held tokens after more than three years, locking in cumulative losses exceeding $19 million. On-chain trackers identified the wallet, associated with the address beginning 0x7C5a, as having maintained its position through multiple market cycles before… Read More

Crypto Exchange Bybit Files Lawsuit Against North Korea and Lazarus Group, Wins Court Order to Freeze Stolen Digital Assets

Bybit, one of the global cryptocurrency platforms, has taken significant legal steps against entities linked to a major digital asset heist. On August 7, 2026, the exchange announced a civil lawsuit filed in the US District Court for the District of Columbia. The defendants include… Read More

Crypto Derivatives Exchange BitMEX Sale Fails Over Founder Ownership Issues and Declining Trading Activity

Once a dominant force in cryptocurrency derivatives trading, BitMEX has failed to complete a long-running sale process, according to people familiar with the matter. The platform, which pioneered perpetual futures contracts and once commanded a large share of leveraged trading activity, spent roughly two years… Read More

Ripple Labs Anticipates Accelerated EU Crypto Expansion After Securing Full MiCA Authorization

Enterprise blockchain firm Ripple has recently indicated that its long-running push into the European cryptocurrency sector is poised to advance significantly now that it has cleared a major regulatory hurdle under the Markets in Crypto-Assets framework. In early August 2026, the company outlined how securing… Read More

US Spot Bitcoin and Ethereum ETFs Record Strongest Weekly Inflows Since April 2026

thought-catalog unsplash Bitcoin Ethereum Cryptocurrency

US-listed spot Bitcoin and Ethereum exchange-traded funds attracted a combined $1.1 billion in net inflows during the most recent trading week.  This performance stands as the most robust weekly result for these vehicles since April, according to the latest figures and data compiled by SoSoValue…. Read More

Microsoft Identifies Malware Threat Using BNB Chain Smart Contracts to Hide Attack Commands

Microsoft Threat Intelligence has identified a widespread malware campaign that stores and retrieves attack instructions via smart contracts on the BNB Chain. The operation affects thousands of Windows systems daily, spanning both corporate networks and individual users. Researchers describe the approach as EtherHiding, in which… Read More

CFTC Advises Prediction Markets to Avoid American-Style Moneyline Odds in Pricing Displays

The Commodity Futures Trading Commission (CFTC) has issued a formal reminder to regulated prediction market platforms, instructing them against presenting event contract prices in the manner of traditional American-style moneyline gambling odds. This guidance comes as the agency continues to defend its oversight of these… Read More

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