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An anonymous whale withdrew 4,650 ETH worth about $8.77 million from Coinbase, FalconX, Galaxy Digital and Cumberland over the past hour, according to Onchain Lens. Such exchange outflows are typically interpreted as a sign of holding intent.

Ethereum’s staking ratio hit a record high of 34.4%, according to Token Terminal.

Hawaii will ban cryptocurrency kiosks and ATMs statewide after Gov. Josh Green signed a bill prohibiting the ownership, operation and management of digital financial asset trading kiosks that accept U.S. dollars and provide crypto, Cointelegraph reported. The move comes amid a rise in crypto-related fraud losses. According to the FBI, such scams caused more than $11 billion in losses across the U.S. last year.

The Blockchain Association is backing Custodia Bank’s lawsuit over access to a Federal Reserve master account, Crypto in America host Eleanor Terrett said. The group filed an amicus brief with the U.S. Supreme Court arguing the court should directly review whether regional Federal Reserve banks can independently deny master accounts to qualified state-chartered banks. It also warned that if an existing ruling favoring the Fed stands, the central bank could wield broad power to exclude specific industries or companies from the financial system.

Mitsubishi UFJ plans blockchain-based instant settlement for some Japanese government bonds Mitsubishi UFJ Financial Group, Japan’s largest banking group, plans to use blockchain technology to provide instant settlement for some Japanese government bond trades, Nikkei Asia reported. The company plans to conduct blockchain-based repurchase transactions in Japanese government bonds using money market fund tokens and stablecoins, shortening settlement procedures for conventional securities trades.

Tokenization platform Securitize (SECZ) reported a $21.7 million net loss in the second quarter in its first earnings report since listing. Revenue fell 5% from a year earlier to $14.4 million, missing market expectations. SECZ shares plunged more than 20% in after-hours trading after the results, hitting a record low.

Franklin Templeton has received a no-action letter from the U.S. SEC related to an on-chain government money market fund, Bloomberg ETF analyst James Seyffart said. The letter means the SEC would not recommend enforcement action over a specific activity if the stated conditions are met, even if there could otherwise be concerns about a legal violation. Seyffart said the move opens a path for Franklin’s registered funds, including mutual funds and ETFs, to hold on-chain funds even if they do not technically satisfy custody rules under the Investment Company Act of 1940.

Strategy said its outstanding corporate debt and preferred stock would still be backed by its Bitcoin holdings even if Bitcoin plunged to $21,000.

The three major U.S. stock indices closed mixed today. - S&P 500: +0.26% - Nasdaq: +0.54% - Dow Jones: -0.04%

Video platform Rumble said in a report it bought an additional 82.32 BTC in the second quarter of this year, bringing its holdings to 293.14 BTC. The company increased its Bitcoin holdings for the first time in more than a year.

About 233,000 BTC moved out of long-term holder wallets after the Coldcard firmware vulnerability attack caused roughly $130 million in losses, a volume more than 100 times the stolen amount, according to Decrypt. Decrypt said, "As hackers attacked Coldcard, roughly $15 billion in Bitcoin quietly moved in search of safer storage." The outlet added some of the transfers came from Coldcard users moving funds to multisig wallets, while others came from Ledger and Trezor users who were prompted by the incident to tighten security.

Trump family DeFi project World Liberty Financial (WLFI) has appointed former Coinbase executive Ryan Ballantyne as chief business officer, The Block reported. Ballantyne most recently led corporate client strategy at Coinbase Institutional and will oversee WLFI’s global business strategy and partnerships.

Nasdaq-listed TRON has deposited more than 90% of its assets into the Tron DeFi protocol JustLend, creating an overly high level of dependence, CryptoSlate said. Based on its second-quarter filing, 91% of total assets, or $233.8 million, were held in TRX and sTRX, with most of that deposited into JustLend. CryptoSlate pointed to a high risk of asset losses if JustLend is hacked.

Samson Mow says Bitcoin Core developers should reflect on BIP-110 dispute JAN3 CEO Samson Mow criticized the controversy over BIP-110 as a result Bitcoin Core developers brought on themselves, according to U.Today. Mow said such disputes would keep recurring unless the developers acknowledge responsibility for triggering the BIP-110 movement, adding that the situation could have been avoided if Bitcoin Core had left the default OP_RETURN policy untouched and delayed changes for about one to two years. BIP-110 is a proposal aimed at limiting the large-scale storage of non-financial data, including Ordinals and NFTs, on the Bitcoin blockchain.

Bank of Montreal has disclosed holdings of XRP ETFs in its portfolio through its latest quarterly 13F filing with the U.S. SEC, U.Today reported. The Canadian bank holds 323 shares of the Rex-Osprey XRP ETF and 20 shares of the ProShares XRP ETF.

Goldman Sachs is set to gain BTCI, the roughly $1 billion NEOS Bitcoin High Income ETF, through its planned acquisition of options-based ETF manager Neos, Bloomberg ETF analyst Eric Balchunas said. Balchunas added, "now I get why Goldman didn’t launch the Bitcoin covered call product it filed for a few months ago." The Bitcoin High Income ETF, the Boosted Bitcoin High Income ETF and the Ethereum High Income ETF are expected to be added to Goldman Sachs, with the acquisition expected to close in the first quarter of 2027.

SKALE Labs has launched Agent Pit, a simulated prediction market that mirrors Polymarket’s structure so AI agents can train and test trading strategies in a virtual environment, The Block reported. The service mirrors Polymarket’s order book, market settlement mechanism and real-time event data feeds.

Nasdaq-listed Bitcoin financial services firm Fold sold a total of 832 BTC in the first half to repay debt and fund operations, CryptoSlate reported. Its holdings have now fallen sharply to 194 BTC. Fold posted a $15.6 million operating loss and a $38.8 million net loss in the first half alone, raising concerns that additional share issuance or further Bitcoin sales may become unavoidable.

Coinbase to delist 10 perpetual futures, including SAND, on Aug. 26 Coinbase announced the delisting of MEME, SAND, BIRB, BLUR, KAT, SPX, ZORA, AXS, AI, and ZRO perpetual futures on Aug. 26.

Nasdaq is hiring a principal protocol engineer for the Nasdaq Token Design Standard, a standard for representing on-chain stocks, ChainCatcher reported. The role covers token issuance, compliance, corporate actions, chain selection and the buildout of trading infrastructure for institutions. The salary range is $155,000 to $287,000.

Miden plans to launch USDCx, a privacy-enhanced stablecoin backed by Circle’s xReserve infrastructure, alongside its mainnet rollout later this month, CoinDesk reported. The zero-knowledge proof-based blockchain network said USDCx will be natively issued on the Miden network and backed by USDC deposited 1:1 into xReserve smart contracts. It is designed to remain private by default while allowing selective disclosure to auditors, regulators, or counterparties when required.

Santander expects the Federal Reserve to still raise interest rates in September and also sees another rate hike in December, according to Walter Bloomberg. The bank said July CPI is unlikely to sway the Fed’s September policy decision and maintained its existing view.

President Donald Trump has been sued over the sale of faster access to Truth Social posts, Bloomberg reported. CoinNess previously reported that high-frequency trading firms were paying $60,000 to $100,000 a month to monitor posts from key Truth Social accounts in real time.

New York City has opened an investigation into prediction market platforms Kalshi, Polymarket, Coinbase and Gemini Titan, The Block reported. Julie Menin, speaker of the New York City Council, said in a statement that prediction markets aggressively entice consumers to gamble and place bets on sports, politics, culture, weather and nearly everything else.

Kalshi has started offering a real-time order book data feed through DoubleZero Edge, a market data transmission service built on a dedicated global fiber-optic network, The Block reported. It marks the first use of an ultra-low-latency multicast feed in the prediction market sector. Institutional traders had previously faced delays and the added step of rebuilding order book conditions from API responses. The service will initially provide order book depth data for major sports events and cryptocurrency perpetual futures contracts.