U.S. spot bitcoin ETFs returned to net outflows on Wednesday, losing $61.16 million after Tuesday’s modest rebound. Ether funds saw a $7.38 million inflow, while solana, XRP and HYPE ETFs recorded no net activity. Ether ETFs Add $7.38M as Bitcoin ETFs Post $61.16M Exit The midweek session brought another shift in tone for crypto ETF […]
A South Korean court sentenced Delio CEO Jeong Sang-ho to 15 years in prison for misusing roughly $49.2 million in customer cryptocurrency assets and using false documents to secure a regulatory registration. Court Finds Customer Assets Were Misused According to regional reports, the Seoul Southern District Court issued the ruling Aug. 13 and ordered Jeong […]
MUFG has launched a pilot to test whether Japanese government bond repo trades can settle in real time on a blockchain network. The major Japanese banking group is working with Digital Asset, creator of the Canton Network, and Progmat on the proof of concept. Mitsubishi UFJ Morgan Stanley Securities, Mitsubishi UFJ Trust and Banking, and […]
Monaco has submitted a draft bill to replace its 2022 crypto rules, aligning its regulatory environment with the MiCA framework and Financial Action Task Force standards. Evolving Beyond the 2022 Framework Monaco’s government has submitted a bill to its legislature to overhaul the Principality’s legal framework for crypto‑asset service providers, citing rapid growth in the […]
Harmony Protocol’s native token, ONE, fell more than 30% to an all-time low after an attacker exploited the network to mint over 4 billion unauthorized tokens. Token Collapses After 4-Billion Token Minting Exploit Harmony Protocol’s native token, ONE, plunged more than 30% Wednesday to reach an all-time low following an exploit that enabled an attacker […]
Strategy CEO Phong Le says the bitcoin treasury company will resume accumulating bitcoin later this year, even after selling four times since May. Le noted Strategy has still bought about 175,000 BTC in 2026 against roughly 7,000 sold, a 25-to-1 buy-to-sell ratio. A Pivot After Four Rounds of Selling Strategy CEO Phong Le told Fox […]
Metaplanet and Hut8 pulled a combined 1,966 BTC (worth roughly $125 million) off exchanges within a three-hour window on August 12. Two Treasury Companies Pull Bitcoin off Exchanges Metaplanet withdrew 1,473 BTC off an exchange, and roughly two hours later Hut8 followed with a 493 BTC withdrawal. Combined, the two transfers moved 1,966 BTC (about […]