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Sygnum’s head of custody and staking, Thomas Brunner, said banks should begin preparing in 2027 if they want enough time to overhaul custody systems ahead of Ethereum’s planned quantum-resistant transition in 2029, according to CryptoSlate. Brunner explained future quantum-resistant signature methods would require strict controls, including a ban on reusing the same key, while banks often duplicate systems or roll them back to earlier states during backup and disaster recovery processes, creating conflicts with existing operating models. Brunner added that identifying a bank’s cryptographic keys and related systems alone can take six months to one year, followed by hardware support, certification, internal reviews, external audits and regulatory reviews. Meanwhile, Ethereum developers are considering completing a quantum-resistant transition for Layer 1 by 2029, although the timeline has not been finalized.

An anonymous whale address beginning with 0x90B38 deposited 923,743 HYPE worth $53.03 million into Coinbase Prime and FalconX over the past 11 hours, The Data Nerd reported. Exchange deposits are typically viewed as a sign of potential selling. The address still holds about 969,595 HYPE worth $55.5 million.

An anonymous whale address starting with 0x1f98 deposited 3.72 million UNI worth $12.63 million to exchanges including Binance, Coinbase, OKX and Bybit via market maker Cumberland over the past 24 hours, EmberCN reported. Exchange deposits are typically seen as a sign of intent to sell. EmberCN added that UNI fell 10% to $3.22 from $3.59 as a result.

Norway’s sovereign wealth fund held indirect exposure to 11,549 BTC as of the first half of this year, The Block reported, citing crypto research firm K33 Research. K33 Research said the fund’s indirect Bitcoin holdings rose more than 60% from a year earlier, with 86% of its total exposure tied to its stake in Strategy (MSTR) shares. The fund had also previously disclosed a new $82 million purchase of Bitmine (BMNR) stock.

Robinhood Chain’s daily NFT trading volume topped more than twice Ethereum’s on Aug. 12, The Data Nerd said, citing Dune data. NFT volume on Robinhood Chain reached $3.13 million, about 2.3 times Ethereum’s $1.35 million. The Data Nerd said a substantial share of the inflows was likely driven in the short term by FOMO as a new chain emerged, adding that such volume is rarely sustained. At the same time, The Data Nerd said there was little room for disagreement over the successful launch of the mainnet on July 1.

Major financial institutions including Morgan Stanley and Bank of Montreal disclosed second-quarter holdings of XRP ETFs, though XRP has continued to decline in price, according to U.Today. The outlet said Morgan Stanley holds tens of thousands to hundreds of thousands of dollars’ worth of ETFs including Franklin XRPZ, Rex Osprey XRPR and Bitwise XRP. It added that Bank of Montreal, one of Canada’s largest banks, and Militia Capital Management also disclosed holdings in XRP ETFs. U.Today said XRP has still failed to escape its downtrend despite broader institutional adoption and ETF inflows, with the token down about 46% this year and underperforming Bitcoin by around 31%.

Payward, the parent company of U.S. exchange Kraken, posted $23 million in adjusted pretax profit for the second quarter, down 71% from $79.7 million a year earlier, Bloomberg reported. Adjusted revenue rose 17% on year to $508 million, while funded active accounts climbed 42% to a record 6.6 million. Payward attributed the profit decline to a crypto market slowdown and falling prices. Bloomberg added that Payward recently cut 150 jobs, citing efficiency gains from AI adoption, and may delay its previously discussed IPO timeline to late this year or early next year.

Traditional finance assets including gold and the S&P 500 are emerging as the largest segment on decentralized perpetual futures exchanges, according to CryptoRank. As of Aug. 13, local time, only four of the top 10 most-traded assets on Perp DEXs were cryptocurrencies: BTC, ETH, HYPE, and SOL. SpaceX stock (SPCX) was the most-traded traditional finance asset.

BlackRock’s iShares Core MSCI EAFE ETF (IEFA) has increased its stake in Metaplanet, a Japan-listed company pursuing a Bitcoin strategy, to 3.73 million shares, according to BitcoinTreasuries.net. The stake is valued at about $5.18 million. Metaplanet currently holds 43,000 BTC, worth $2.8 billion, making it the world’s third-largest corporate BTC holder among listed companies. IEFA tracks an index of large-, mid- and small-cap stocks in developed markets excluding the U.S. and Canada.

Upbit announced it will temporarily suspend deposits and withdrawals for Allora (ALLO) at 9:00 a.m. UTC on Aug. 18 due to a network upgrade.

Evernode Holdings, an XRP accumulation company listed as DAT, plans to revise the terms of its upcoming Nasdaq listing by changing the basis for new share issuance from $2.36 to XRP’s price at the market close, according to The Crypto Basic. The move is intended to align the company’s share structure with the value of its XRP holdings. With XRP currently trading at around $1, a continued downtrend would reduce the number of shares issued while increasing the amount of XRP backing each Evernode share. Evernode plans to complete the listing review and finish the listing process in late Q3 or early Q4. Separately, the company is said to hold 473 million XRP and, as of the end of last month, was carrying about $39 million in unrealized losses.

Interoperability protocol Socket said on its official X account it will directly provide a fast-routing function to the Sui network. It said developers that integrate Socket’s API will be able to quickly move cryptocurrencies held on exchanges or other networks to the Sui network without fees.

XRP withdrawal transactions as a share of activity on centralized exchanges have climbed to their highest level since 2019, according to an analysis by crypto analyst Amr Taha. Citing CryptoQuant data as of Aug. 14, Taha said XRP withdrawals accounted for 56.85% of Binance activity and 54.9% across all CEXs, while deposit shares fell to 43.12% and 45.0%, respectively, their lowest levels since 2019. The gap between withdrawal and deposit shares stood at 13.73 percentage points on Binance and 9.9 percentage points across all CEXs. Taha said exchange withdrawals are typically interpreted as a sign of holding intent. Taha added the metric is calculated on a seven-day basis, indicating a sustained shift rather than a temporary spike, and said the pattern appeared simultaneously on Binance and across all CEXs rather than being limited to a single exchange. Taha also said the indicator measures the share of transfer counts rather than XRP transfer size, meaning it does not by itself confirm net outflows or accumulation.

Hyperscale Data (DAT) said it sold 685 BTC and raised $43 million in cash, which it plans to use for development of a Michigan data center, debt and capital management, and other strategic businesses. The U.S.-listed Bitcoin accumulation company now holds about 275 BTC after also selling about 150 BTC in late July. Chairman Todd Ault said the company will continue mining BTC and plans to rebuild its holdings later using mined Bitcoin and available cash, although it currently sees using part of its BTC holdings for data center development and capital structure improvements as more appropriate.

The spot CVD chart for 7:00 p.m. UTC on Aug. 14 analyzes the BTC/USDT spot trading pair’s order book. The upper section shows a volume heatmap, while the lower section represents cumulative volume delta, or CVD. - The upper volume heatmap tracks trading volume at each price level. The background color becomes brighter when the price remains in a specific range for an extended period or moves sharply. Brighter zones may act as support or resistance levels. - The lower CVD indicator reflects buy and sell orders by order size. As buy orders increase, the line in the corresponding color moves higher. The yellow line represents orders between $100 and $1,000, while the brown line represents large orders between $1 million and $10 million.

Upbit and Bithumb saw more than 2.8 trillion won ($2.1 billion) in fiat deposits leave their platforms over six months, KBS reported. User won deposits held at the two South Korean exchanges fell to 5.0548 trillion won ($3.8 billion) at the end of June from 7.8679 trillion won ($5.9 billion) a year earlier. Dunamu’s deposits dropped 36.0% to 3.7 trillion won ($2.8 billion) from 5.8 trillion won ($4.4 billion), while Bithumb’s fell 35.2% to 1.3 trillion won ($977 million) from the 2 trillion won range.

Bitcoin futures open interest has risen to 1.36 times daily futures trading volume, nearing the highest level since September last year, while low turnover leaves the market vulnerable to rapid cascading liquidations in either direction, according to a Glassnode analysis. Glassnode said position sizes are large while trading volume remains low, meaning there may not be enough market activity to absorb liquidations quickly in either long or short positions when trading is thin.

Stablecoin payments firm Redotpay has decided to delay its initial public offering until after 2027 amid regulatory issues and damage claims lawsuits filed by Binance affiliates, according to Bloomberg.

Nasdaq-listed Bit Digital (BTBT), which is focused on Ethereum investment, posted a net loss of $86 million in the second quarter, with about $46 million of that tied to unrealized losses on ETH, according to BeInCrypto. The rest of the net loss came from fluctuations in its crypto holdings and non-operating items. Bit Digital held 164,310.5 ETH as of the end of June. Despite the quarterly net loss, the company’s stock closed slightly higher yesterday as its AI and cloud businesses delivered solid results.

Bitcoin’s one-year holding return has fallen to around -49%, but that is too early to read as a market bottom signal, according to a U.Today analysis. BTC’s 365-day holding return metric currently stands at about 0.514, meaning the price remains near 51% of its level a year ago. U.Today said dips below one, the breakeven level, also appeared during the 2014-2015, 2018-2019 and 2022 bear markets, but in some cases the metric stayed depressed for months or fell further. The outlet said the current reading is less a direct buy signal than a sign the market remains in a prolonged weak phase. It added BTC is currently trading at about $62,900, below both its 100-day moving average of around $66,500 and its 200-day moving average of about $71,800. The daily relative strength index, or RSI, has also dropped to about 42.5, though it has not entered oversold territory.

Bithumb announced it will temporarily suspend deposits and withdrawals of Polygon Ecosystem Token (POL) at 9:00 a.m. UTC on Aug. 18 to support a network upgrade.

An anonymous whale has expanded a leveraged Bitcoin short on Hyperliquid to about $125.37 million, the largest BTC short position currently visible on-chain, according to Lookonchain. The address, which begins with 0xff84, now holds a 2,000 BTC short position at 40x leverage, with an average entry price of $63,581.50 and a liquidation price of $63,528.92. Unrealized profit stood at about $1.79 million, Lookonchain said.

Just 0.2% of European businesses selling goods and services online accept cryptocurrency as a payment method, Cointelegraph reported, citing a European Central Bank report. According to the ECB’s survey of 8,205 companies across 21 eurozone countries, in-store acceptance of cryptocurrency and stablecoin payments also remained under 1% in both 2024 and 2026. By contrast, mobile payment acceptance rose sharply to 68% from 36% over the same period, while cash and physical card acceptance stood at 92% and 88%, respectively, in 2026. The ECB used BTC, ETH and USDT as examples of cryptocurrencies in the survey.

Bitcoin’s hash rate has fallen 17% from its all-time high as mining companies shift their businesses toward AI infrastructure, crypto analyst Maartunn said. According to Blockchain.com data, the BTC hash rate recently stood at 841 EH/s.

Singapore suffered $11.8 million in losses from a scam in which criminals posed as recruiters at cryptocurrency-related companies, infiltrated corporate systems and stole crypto, CNA reported. In one case, a victim who received a fake job offer through LinkedIn downloaded malware while taking a coding test on a company-issued device. The scammers then stole the victim’s login session data, bypassed multi-factor authentication, and accessed the company’s code repository and internal servers. They later obtained credentials that allowed them to bypass transfer limits and approval procedures, enabling the theft of cryptocurrency. Singapore Police Force (SPF) and the Cyber Security Agency of Singapore (CSA) urged the tech and crypto industries to verify recruiters’ identities, protect internal credentials, and strengthen multi-factor authentication.