Live Feed

USDC Treasury mints 250 million USDC on Solana USDC Treasury has minted 250 million USDC on the Solana network, according to Whale Alert.

David Schwartz, Ripple’s honorary CTO, said on X that at one point he held around 26 million XRP, but that amount appears to have fallen to about 2 million XRP. At current prices, 26 million XRP is worth about $26 million, while 2 million XRP is worth about $2 million. Schwartz stepped down from his CTO role late last year and is now serving as a Ripple board member.

Metaplanet said it has invested 2,100 BTC in Nasdaq-listed Super League to launch Superplanet, a U.S. Bitcoin treasury platform. Once the third-party allotment share sale is completed, Super League will change its name to Superplanet, Inc., and Metaplanet will hold about 95.7% of Superplanet’s outstanding shares, bringing it in as a consolidated subsidiary. Metaplanet added that it currently holds 43,000 BTC, making it the world’s third-largest corporate BTC holder among listed companies.

Binance’s 30-day average Bitcoin taker buy volume has fallen to around $3.3 billion, entering a historically depleted zone that was seen just before major market turning points in the past, Crypto Briefing reported. The metric tracks market buy volume that immediately executes against order book liquidity rather than limit orders. With traders increasingly staying on the sidelines and the order book thinning, the direction of incoming liquidity could trigger explosive volatility either upward or downward.

Visa has sent out a request for proposals to select partners for stablecoin settlement and over-the-counter trading after rival Mastercard acquired stablecoin payments infrastructure firm BVNK, CoinDesk reported. Visa is seeking settlement and OTC partners with crypto exchange licenses in the U.S., Canada, the UK and Singapore. The new partner would support swaps among multiple stablecoins and handle settlement for Open USD (OUSD), a new stablecoin project led by Stripe, Visa and Mastercard. Visa officially launched its Visa Stablecoin Platform last month to help global financial institutions and fintech firms custody and settle stablecoins.

Ethereum Foundation has warned developers of wallet services, gas-fee calculators and blockchain explorers ahead of the upcoming Glamsterdam hard fork, as the long-standing rule of thumb that a simple ETH transfer always costs 21,000 gas will no longer universally apply, CoinDesk reported. Transfers to existing addresses will still require 21,000 gas, but transfers to new addresses will incur an additional state gas fee of about 183,600 because the network must create and permanently store new state data. Many existing crypto wallets and trading services are designed to hard-code ETH transfer fees at 21,000 gas or estimate costs along a single gas dimension, so after the upgrade, transfers to new addresses could be rejected or fail because of gas-limit overruns or insufficient fees. CoinNess previously reported that the Glamsterdam upgrade, which had been scheduled for the first half of the year, was delayed to the fourth quarter.

BNB Chain has announced a version two update to BNB Agent Studio, its on-chain AI agent deployment platform, adding Altana Network as a wallet option for AI agents, Crypto Briefing reported. The update centers on the integration of Altana Network’s Smart Agentic Wallet, which is designed to let users retain full control of their private keys while securely delegating spending authority to AI agents. As of mid-August, more than 200,000 AI agents were registered and operating on BNB Smart Chain through the ERC-8004 standard.

The Bhutan government transferred 300 BTC worth $19.28 million to a new wallet, Onchain Lens reported. Last month, Bhutan deposited 66 BTC to Binance.

Nasdaq-listed Cypherpunk Technology (CYPH), a ZEC-accumulating company, has launched its subsidiary Cypherpunk Mining through a $33.33 million stock deal with Winklevoss Capital, The Block reported. The company has completed the deployment of about 4.2 GSol/s of hash rate across the United States, representing roughly 18% of the ZEC network’s hash rate. Cypherpunk currently holds about 323,394 ZEC, or around 1.92% of total circulating supply, and aims to increase that to 5% of total supply. It plans to expand its ZEC treasury and continue investing in privacy technology using roughly 43,800 ZEC in monthly mining rewards secured through the operation.

Citi plans to launch its digital-asset custody service by year-end, starting with Bitcoin, The Block reported. The bank disclosed further details of the rollout plan it had announced earlier and said its new Custody+ platform will offer custody for traditional assets and cryptocurrencies within the same framework.

Canary Capital said it has filed an S-1 registration statement with the U.S. SEC to launch a spot TRX ETF, adding in an X post that "TRX 현물 ETF(티커: TRXS)가 곧 출시된다".

A wallet believed to be linked to the Ethena team deposited 170 million ENA, worth about $14.09 million, to crypto trading platform FalconX an hour ago. Onchain Lens said the transfer could indicate a potential sale through an OTC deal and added the wallet had received ENA from Ethena’s Gnosis Safe multisig wallet last year. According to CoinMarketCap, ENA was trading at $0.08307, down 0.71%, at the time of writing.

Blockchain.com joins Nigeria SEC regulatory sandbox Blockchain.com has joined the Nigerian SEC’s Regulatory Incubation Program and obtained approval to operate within the sandbox, CoinGape reported. Under the arrangement, the crypto financial services platform can operate in Nigeria as long as it meets the SEC’s rules and testing requirements. Blockchain.com currently offers cryptocurrency trading, wallet and over-the-counter (OTC) services.

Curve Finance founder Michael Egorov said pressure from the Financial Action Task Force, or FATF, to regulate DeFi could ultimately make the sector safer, according to The Block. Egorov said in an interview with The Block that FATF’s regulatory push could paradoxically have a positive effect on how DeFi protocols are designed. He said DeFi could evolve in ways that reduce privileged access, remove upgrade risks, and ensure no party can access user funds. At the same time, Egorov stressed that the mere existence of a development team should not make a protocol subject to regulation. Writing, maintaining, and managing code does not in itself grant authority to control a protocol, he said.

Bitcoin funding rates have climbed to their highest level in about 20 months, with long positions now heavily crowded, according to U.Today. The report said futures traders are strongly betting on further gains and are willing to pay higher costs to maintain long positions. The relative strength index, or RSI, has risen to around 52, indicating a modest improvement in momentum without entering overbought territory. At the same time, long positioning remains excessive before price confirmation is complete, leaving the market vulnerable to large-scale cascading liquidations if support breaks.

Uniswap to expand liquidity on Circle L1 Arc

A trader turned $121 into about $311,000, a gain of roughly 256,926%, as BNB Chain-based memecoin Niulai surged over the past few days, including a listing on Binance Alpha, drawing attention across the community. According to on-chain analyst EmberCN, the trader bought 19.1 million Niulai tokens for $121 in the on-chain market on Aug. 13. At the time, the memecoin’s market capitalization was just $6,340. As Niulai’s price later surged and its market capitalization climbed to between $1 million and $20 million on Aug. 15-16, the trader sold 14.1 million tokens, locking in $127,000 in profit. The trader still holds 5 million Niulai, currently valued at about $186,000.

South Korean exchange Upbit announced it will temporarily suspend MON deposits and withdrawals starting at 2:00 p.m. UTC on Aug. 25 due to Monad's hard fork.

Mitsubishi UFJ Financial Group (MUFG) of Japan bought an additional 53,430 shares of Strategy, bringing its total holdings to 360,613 shares worth $35 million, according to BitcoinTreasuries.

The number of active addresses on Ripple’s layer-one blockchain XRP Ledger reached about 49,929 yesterday, the highest level in about two months. On-chain analytics platform Santiment said retail sentiment has inevitably worsened now that XRP has fallen below the $1 level, but on-chain activity is picking up. Santiment added this could be the contrarian bullish signal bulls had been waiting for, and if demand returns while on-chain activity remains strong, today’s negative sentiment could shift into tomorrow’s 'buy the dip' narrative.

South Korean exchange Bithumb announced on its official website that it will temporarily suspend ELF deposits and withdrawals starting at 9:20 a.m. UTC on Aug. 18 at the foundation’s request.

Pump.fun co-founder Noah Tweedale said he does not genuinely believe in decentralization and argued users choose Solana partly because it is relatively centralized, according to Wu Blockchain. Appearing on the YouTube channel Crypto Insider, Tweedale said he is personally deeply skeptical of decentralization and that the Pump Foundation focuses only on improving user experience, not on whether a network is decentralized. He added users pick Solana over Ethereum because Ethereum offers a poor user experience, while Solana is relatively more centralized, and said users do not care whether an underlying chain is decentralized as long as the user experience is optimized.

Circle’s euro stablecoin EURC has surpassed 400 million euros in circulation, The Block reported. The supply has increased by more than 100% over the past year.

Iranian Parliament Speaker Mohammad Bagher Ghalibaf said on Aug. 18 that Iran will not reopen the Strait of Hormuz until the U.S. unfreezes Iranian assets, lifts oil sanctions, halts military threats and operations across all fronts, and other conditions in a memorandum of understanding are met. Ghalibaf said the memorandum created an opportunity through the easing of the blockade and a ceasefire to strengthen Iran’s economic resilience and rebuild its defense capabilities. He also said Iran is prepared to respond more forcefully to any provocation by hostile forces.

Ethereum Foundation core developer Sina Mahmoodi said on X that he is leaving the foundation after seven years. Mahmoodi said he joined the Ethereum Foundation right after graduating from college and had the chance to work with highly capable and deeply committed people. Mahmoodi added that belief in Ethereum’s importance has not changed, but decided to leave the foundation to explore and learn new things.