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Core Scientific director Jeff Booth said an IT professional with about 20 years of experience spent roughly 15,000 hours trying to break Bitcoin’s network security but ultimately failed, according to BeInCrypto. Booth, a director at crypto miner Core Scientific (NASDAQ: CORZ) and a founding partner at Bitcoin ecosystem-focused venture firm Ego Death Capital, said in a recent interview he was not a Bitcoin believer from the outset. Booth said Booth questioned whether a decentralized system designed as a solution to state abuses of power could endure, then ran a node and modeled attack methods that could be used by governments, competitors, and large mining companies. After spending more than 15,000 hours trying to find a way to break Bitcoin’s security, Booth said every scenario still produced blocks as scheduled and the attacks failed.

Scams targeting crypto holders by posing as “legal exchanges” have surged since the EU’s Markets in Crypto-Assets regulation, or MiCA, took full effect in July, CoinDesk reported. CoinDesk warned that after MiCA took effect, more than 1,700 unlicensed crypto platforms had to stop serving EU customers and direct them to migrate to other platforms. At the time, only 323 firms held MiCA-compliant licenses, and as many as 10 million users were told they needed to move assets from their existing exchanges. CoinDesk said the process created a major opening for impersonation scams, with fraudsters copying real exchange migration notices and posing as regulators to steer victims to fake platforms before stealing funds.

SafePal said on its official X account that the personal information of about 39,798 customers was exposed, including names, email addresses, shipping addresses, phone numbers, and purchase histories. SafePal said the exposed data involved customers who placed orders between March 2, 2025 and April 11, 2026. The company attributed the breach to a code flaw in an order-tracking plugin and said it has fixed the issue and completed additional security measures. SafePal added that wallet systems, seed phrases, and private keys remain securely protected, while affected users should stay alert for phishing or impersonation attempts.

Strategy CEO Phong Le said on X that the cryptocurrency market has been quiet in late summer, but is likely to regain momentum in the fall. Le added that key variables for the market could include the introduction of regulatory innovation exemptions, progress on the Clarity Act, broader BTC adoption by banks, growth in digital credit and digital money markets, macroeconomic stability, easing geopolitical tensions, and the U.S. midterm elections. Le also said the crypto market remains in its early stages. Meanwhile, Strategy recently sold around 3,327 BTC over the past two weeks. According to CoinMarketCap, BTC was trading at $62,684.23, down 0.64%, at the time of writing.

Cardano unveils 'Dijkstra' hard fork roadmap, targets Q4 2026 code completion Layer-one blockchain Cardano (ADA) has released a phased hard fork roadmap for the Dijkstra Era through its official channel. The first phase targets completion of code development by the fourth quarter of 2026 and the end of preparations for a mainnet upgrade. The process is set to include an upgrade of the protocol to version 12 and the introduction of related features. The second phase targets activation of Ouroboros Peras through an internal hard fork in the second quarter of 2027, with the aim of increasing transaction finality speed. Cardano added, however, that the timeline targets code completion and mainnet launch readiness, while actual mainnet deployment will require approval through on-chain governance.

Ethereum spot ETFs have outpaced Bitcoin spot ETFs in inflow rates relative to fund size since June, according to an analysis by crypto market maker DWF Labs. DWF Labs said spot Bitcoin and Ethereum ETFs recorded a combined $1.1 billion in net inflows over the past week, marking the largest weekly net inflow since April 13. Of that total, BTC ETFs saw $865 million in net inflows, while ETH ETFs drew $243 million. While BTC posted the larger absolute inflow amount, ETH led BTC in relative inflow rates when measured against fund size. DWF Labs added that in June, ETH ETFs posted a net outflow rate of -4.65% relative to fund size, lower than BTC's -8.09%. In July, ETH ETF net inflow rates reached +3.19%, exceeding BTC's +0.34%. While spot ETF inflows declined in May amid broad institutional investor indifference toward ETH, DWF Labs said recent weeks have shown signs that this trend is beginning to reverse.

The tokenized real-world asset market has surged to $44.7 billion over the past three years, emerging as a solid on-chain asset class, according to a Token Terminal analysis. Data showed the RWA market expanded about 2,228% over the period, with $23.3 billion issued on Ethereum, giving the network the largest market share. BNB Chain, zkSync, and Solana followed.

LEO has fallen by 3.71% in the past five minutes on the COINNESS market. Currently, LEO is trading at $9.1.

We provide real-time cryptocurrency investment updates around the clock from 10:00 p.m. UTC on Sunday through 3:00 p.m. UTC on Saturday. Outside these hours, investment coverage is limited to major developments. Note: Overseas economic breaking news remains available continuously on the CoinNess Live app and CoinNess web service.

Bitmine plans 17 weekly dividend payments through year-end Bitmine, an Ethereum accumulation company, announced plans for 17 cash dividend payments on its 9.50% Series A perpetual preferred stock, according to a PR Newswire press release. The dividends are scheduled to be paid weekly from late August through late December.

Crypto startups raised $11.2 billion in the first half of this year, with 100% of the funding flowing to licensed, regulation-eligible companies, CoinDesk reported, citing an analysis by Dubai-based crypto-focused law firm NeosLegal. NeosLegal founder Irina Heaver said the key competitive edge is no longer being unlicensed but securing licenses in the right jurisdictions, adding that compliance status itself has become a core asset traded by the market. Sigma Capital partner Vineet Budki said code can be copied over a weekend, but a VARA license or MiCA passport requires 18 to 24 months and millions of dollars, meaning investors are paying for barriers to entry in time and asymmetry rather than for the product itself.

Tether CEO denies report that company is building a blockchain Tether CEO Paolo Ardoino denied a market analysis report claiming the USDT issuer is building its own blockchain, also known as a stablechain, BeInCrypto reported. Ardoino said Tether is not building any blockchain and has no plans to do so.

Israel’s oldest commercial bank, Bank Leumi, is working with Galaxy Digital to offer trading and custody services for virtual assets including Bitcoin (BTC), Ethereum (ETH) and Solana (SOL) through its mobile investment app, Bitcoin.com reported. If it wins final approval from the Bank of Israel, the service would become the first crypto trading offering by a local commercial bank. Bank Leumi also attempted to launch crypto trading in 2022 in partnership with Paxos, but the effort was scrapped after it failed to secure central bank approval.

Iran and Oman have agreed on a plan for maritime passage through the Strait of Hormuz, while talks between the two countries are continuing despite U.S. interference, Iranian Foreign Ministry spokesperson Baghaei said on Aug. 15 local time.

Markus Thielen, founder of 10x Research, said on Trade Secrets that it is mathematically impossible for Bitcoin to reach $1 million by 2030.

Etherealize CEO warns private consortium chains risk self-defeating competition

Jump Crypto deposited an additional 286.83 BTC worth $18.01 million to Binance, The Data Nerd reported. The firm’s cumulative deposits to Binance this week reached 1,560 BTC worth $99.20 million, while its remaining holdings stood at 1,410 BTC worth $88.58 million. The Data Nerd added that, as Jump Crypto is a market maker, deposits to exchanges may not be a pure sell signal and could instead reflect liquidity inventory replenishment for providing two-way quotes.

Wallets linked to investment advisory firm Monetalis sold 3.72 million UNI worth $13 million to Cumberland and then bought 171,543 HYPE worth $9.56 million, according to The Data Nerd.

Bitcoin’s apparent demand has clearly improved but remains negative at -32,000 BTC, according to CryptoQuant contributor Darkfost. Darkfost said BTC entered its current new consolidation phase in early June, when demand was estimated at -272,000 BTC. Darkfost described the shift as positive but not yet sufficient, adding that similar patterns emerged in February and May before demand weakened again. Darkfost also said the trend may be linked to lower average issuance, given reduced production tied to a drop in hash rate. For now, Darkfost said, the reading is difficult to view as a strong bullish signal, though the trend warrants close monitoring. Apparent demand is calculated as the gap between newly issued BTC and supply that has not moved for more than one year. The metric helps gauge whether structural accumulation is strong enough to absorb new supply generated by the network.

Binance founder Changpeng Zhao said on X that Bitcoin’s cumulative mined supply had surpassed 20.07 million as of August 2026, reaching 95.6% of its maximum supply. Zhao added that only 4.4% of supply remains and estimated 10% to 20% of existing BTC has been lost or is inaccessible, leaving the tokens permanently unrecoverable. Zhao described BTC as a deflationary asset.

Hong Kong’s Securities and Futures Commission has identified 65 fake websites impersonating crypto exchange HashKey and urged investors to stay alert, Cointelegraph reported. The regulator warned the sites have no connection to HashKey, which is licensed in Hong Kong, and could mislead users into thinking they are the exchange’s official platform.

XRP whale deposits to Binance fall to lowest level since 2021, easing sell pressure XRP whale inflows to Binance have fallen to their lowest level since 2021 on a three-month average basis, a CryptoQuant contributor Darkfost analysis showed. Darkfost said current whale deposits stand at about $61 million, six to eight times lower than $456 million in January last year and $355 million in October. The drop in whale activity is a positive signal in terms of easing sell pressure, but net inflows remain positive at $18.8 million. With no clear signs of new demand yet, Darkfost said it is still too early to conclude XRP has entered a bullish trend reversal.

Injective has built a live testnet integration with Cardano, enabling ADA transfers to Injective and INJ transfers to Cardano on the testnet, Cointelegraph reported.

The following are the 24-hour long/short ratios for BTC perpetual futures on the world’s three largest crypto futures exchanges by open interest: Overall: 51.23% long, 48.77% short - Binance: 48.36% long, 51.64% short - OKX: 48.87% long, 51.13% short - Bybit: 47.75% long, 52.25% short

Edelman Financial Engines, a U.S. investment advisory firm, holds about $34 million worth of spot Bitcoin ETFs, including BlackRock’s IBIT and Grayscale products, Bitcoin Magazine reported. Tudor Investment, led by Paul Tudor Jones, also held 688,529 shares of IBIT worth $22.9 million as of the end of June, up about 19% from 579,083 shares in the previous quarter.