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Crypto.com has launched tokenized derivatives tied to the prices of 1,500 U.S. stocks and exchange-traded funds, including Apple, Nvidia and Tesla, CoinDesk reported. The products are available for 24-hour trading in permitted regions including the European Economic Area, with a minimum trade size of $1. The instruments do not tokenize actual stocks or ETFs, but instead track their price movements as derivatives, meaning investors do not receive shareholder rights such as ownership of the underlying assets or voting rights. Crypto.com is issuing the products through Foris Capital, which it acquired in May last year, while the underlying assets are held by U.S. broker-dealer Alpaca.

The first hearing in Bithumb’s administrative lawsuit against South Korea’s Financial Intelligence Unit over a partial business suspension order has been postponed to Oct. 22, according to a Business Watch report. The Seoul Administrative Court’s second administrative division changed the hearing date for Bithumb’s suit seeking to cancel the partial suspension order after the exchange filed the case against the FIU on March 23. The court had previously set the hearing for the afternoon of Aug. 13. Earlier, the FIU imposed heavy sanctions on Bithumb, including a six-month partial business suspension, saying the exchange violated South Korea’s Act on Reporting and Using Specified Financial Transaction Information in 6.65 million cases, including obligations to ban transactions with unreported virtual asset service providers, conduct know-your-customer checks, restrict transactions and preserve records.

BTC perp long/short ratios on top exchanges by open interest 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: 48.55% long, 51.45% short - Binance: 48.33% long, 51.67% short - OKX: 48.8% long, 51.2% short - Bybit: 50.1% long, 49.9% short

Ripple has extended its partnership with New York University Abu Dhabi and will continue support through 2027 under the University Blockchain Research Initiative, or UBRI. The funding will be used for research on improving market efficiency and easing trade barriers through decentralized technology, with a focus on expanding the Volta Initiative, a blockchain app supporting smallholder farmers in Ghana, and backing research and education programs built on the XRP Ledger. Ripple has continued to focus on expanding in the Middle East and North Africa market, centered on Abu Dhabi and Dubai.

Ontology said it will upgrade its mainnet to v3.1.2 at block height 20,800,000 at 12:00 a.m. UTC on Aug. 21. The decentralized AI data infrastructure project said the upgrade will add four Ethereum EVM features to Ontology EVM: PUSH0, BASEFEE, MCOPY, and transient storage. The additions are expected to reduce smart contract size and some computation costs, while making it easier to migrate code developed for the latest Ethereum environment to Ontology. Node operators need to update to v3.1.2 before the network reaches that block to apply the mainnet upgrade.

Bitcoin and Ethereum remained range-bound ahead of the U.S. CPI release as traders built positions around the key data, CoinDesk reported. The market expects the CPI reading to determine the next direction and help break Bitcoin out of its tight $62,000-$66,000 range. On Deribit, about $2.5 million flowed into $70,000 strike call options expiring in September, signaling bets on an upside breakout. By contrast, some institutions, including TDX Strategys, recommended a strangle strategy to bet on higher volatility regardless of direction. On-chain data suggests spot buying remains stronger, while derivatives traders have stayed cautious with short positions. According to Nansen, Ethereum saw more than $164.6 million flow out of exchanges over the past week, pointing to accumulation.

Upbit announced it will temporarily suspend deposits and withdrawals for Ontology (ONT), Ontology Gas (ONG) and MovieBloc (MBL) at 2:00 p.m. UTC on Aug. 20 in line with Ontology’s network upgrade.

Spot CVD chart at 2:00 p.m. UTC on Aug. 12 Spot CVD is an order-book analysis chart for the BTC/USDT spot trading pair. The upper panel shows the volume heatmap, while the lower panel represents cumulative volume delta, or CVD. - The upper volume heatmap tracks trading volume at each price level, and the background color becomes brighter when the price stays in a specific range for an extended period or moves sharply. Brighter zones may act as support or resistance. - The lower CVD indicator reflects buy and sell orders by capital size, and the line for each color rises as buy orders increase. The yellow line represents orders between $100 and $1,000, while the brown line represents large orders between $1 million and $10 million.

Bitcoin treasury company Metaplanet transferred a total of 3,881 BTC, worth about $247.3 million, to external wallets over the past three hours, according to Lookonchain. Metaplanet has bought 43,000 BTC at an average price of $96,191 per coin and is currently sitting on an unrealized loss of about $1.4 billion, or 34%.

Barça Mobile, FC Barcelona’s official mobile partner, has entered partnerships with Wirex, Crossmint and Stellar to build an in-app digital wallet, Cointelegraph reported. Through the collaboration, Barça Mobile plans to implement a blockchain-based digital wallet within its application and offer users more convenient and innovative Web3 financial services.

U.S. spot Ethereum ETFs saw net outflows of about $1.7 million on Aug. 11, according to Farside Investors, marking a second straight trading day of net outflows. - BlackRock ETHA: +$600,000 - Fidelity FETH: -$2.3 million

U.S. spot Bitcoin ETFs saw net inflows of about $7.8 million on Aug. 11, reversing to net inflows after one day of net outflows, according to Farside Investors. - BlackRock IBIT: +$50.2 million - Fidelity FBTC: -$4.1 million - ARK Invest ARKB: -$11.5 million - Franklin Templeton EZBC: -$16.5 million - VanEck HODL: -$10.3 million

ARK Invest crypto research director Lorenzo Valente said centralized companies in the crypto industry generate about 8.5 times more annual revenue than the onchain sector, including layer-1s, layer-2s and apps. In a post on X, Valente estimated 2025 onchain revenue at about $8 billion, compared with about $70 billion for centralized companies. Valente said centralized firms monetize direct user relationships by handling the complexity tied to crypto use, including trading, staking, custody and asset management. Valente added onchain companies should expand beyond providing underlying technology and move into user-facing services. Valente said revenue figures for privately held companies including Binance and Tether were estimated to a significant extent because public data is unavailable, and put total revenue for centralized companies in a range of about $60 billion to $100 billion.

Harmony said via its official social media channels that the team is working closely with internal staff and major relevant exchanges to block and freeze the leaked funds, according to on-chain data. Harmony added it is also reviewing system patches and possible rollback measures from multiple angles, and said it will provide further updates once new information is confirmed. The statement follows an exploit on the Harmony network in which four billion ONE tokens, equal to 26% of total supply, were allegedly minted without authorization using empty blocks. Of that amount, 2.8 billion tokens quickly flowed into major exchanges, sending the token price sharply lower, while the endpoint used to check total supply data was found to have been concealing the actual supply inflation.

Weekly trading volume on prediction market platforms Polymarket and Kalshi has declined as demand eased amid a lack of major events, Bloomberg reported on Aug. 12. According to data compiled by Dune Analytics, Polymarket’s weekly trading volume, combining its global and U.S.-only platforms, was down 56% at the end of last month from the record high it reached in June. Bloomberg said fewer major sports matchups and political issues have reduced trading demand. Rival Kalshi showed a smaller decline after the World Cup ended, with weekly volume down 25% over the same period.

Stanford cryptographer Dan Boneh says quantum computers will not break Bitcoin security Dan Boneh, a computer science professor in Stanford University’s Applied Cryptography Group, dismissed concerns that quantum computers will undermine Bitcoin’s security, The Bitcoin Historian reported. He said anyone who believes quantum computers will compromise blockchain security is mistaken, adding that the issue can be addressed by moving to post-quantum addresses. Boneh said there are technical details to resolve, but the broader path forward is already well understood and Bitcoin will solve the problem.

South Korea’s National Tax Service plans to add more digital-asset transaction tracking programs as part of efforts to curb tax evasion, Digital Asset reported. According to the agency’s national tax administration operating plan released today, the authority plans to run a 10,000-member task force to manage overdue national taxes and non-tax revenue and assess the status of cumulative arrears totaling 130 trillion won. It also plans to strengthen anti-evasion infrastructure by adding more digital-asset transaction tracking programs and advancing an AI-based forensic system.

Researchers in Ireland said installing Bitcoin mining facilities alongside wind farms could lift plant revenue by using electricity that would otherwise be wasted amid grid constraints. According to a paper by researchers at Technological University of the Shannon published in the August issue of Energy Economics, a 100 MW wind farm equipped with 20 MW of latest-generation mining rigs could use 83% of otherwise curtailed power for mining. Combined revenue from wind generation and mining was about 32% higher than revenue from wind power alone, although older mining machines were not economically viable.

According to Arkham data, Metaplanet transferred 1,473 BTC worth about $93.82 million to an external address around one hour ago, while Bitcoin miner Hut 8 moved 493 BTC worth about $31.36 million externally around three hours ago. The combined transfers totaled 1,966 BTC, or about $125.18 million.

A cross-chain bridge linking Coreum and the XRP Ledger was hacked on Aug. 9, with about 199,916 XRP stolen, Crypto Briefing reported. XRP held on the bridge fell to 493.5 from about 200,410 after the attack. The incident did not involve a breach of the XRP Ledger itself or any private keys, according to the report. Instead, the attacker exploited a vulnerability in the bridge’s deposit verification system, deceiving it into recognizing fake deposits as legitimate and releasing XRP. On-chain data showed 94 abnormal withdrawals over about 97 minutes. The Coreum bridge is currently offline, and the Coreum Development Foundation has not yet released an official incident report.

The following shows estimated liquidation volumes and position ratios for major crypto perpetual futures over the past 24 hours: - BTC: $44.75 million liquidated (85.86% longs) - ETH: $33.02 million liquidated (69.31% longs) - XRP: $8.68 million liquidated (90.10% longs)

Bithumb announced it will temporarily suspend LWP deposits and withdrawals starting at 2:00 a.m. UTC on Aug. 14 to support the LumiWave Protocol (LWP) network upgrade.

Conservative developer Luke Dashjr announced a random-selection method chose BLAKE2b as the new proof-of-work algorithm for the BIP-110 chain. According to Odaily, compared with SHA-256d, the algorithm is better suited to mining with standard CPUs and GPUs and places a lighter load on CPUs.

South Korean crypto exchange Bithumb announced the addition of Tellor (TRB) to its won-denominated market at 5:00 a.m. UTC today.

Taiwanese singer Jeffrey Huang, better known as Machi Big Brother, lost $2.5 million after his ETH long position was liquidated twice overnight, Spot On Chain reported. Huang has since reopened an ETH long worth $4.6 million with only about $180,000 in margin remaining, implying roughly 25x leverage.