7h ago
Hashdex to halt trading in DEFI Bitcoin ETF after Aug. 17 close ahead of cash liquidation
Hashdex’s Bitcoin ETF (DEFI) has logged net inflows on only six days since launch, while its assets and Bitcoin holdings have continued to shrink. On Aug. 11, the fund managed about $8.7 million and held 134.95 BTC, down 26% and 25% from Aug. 7, respectively. Shares outstanding fell 25% to 120,000 from 160,000, signaling faster redemptions ahead of the Aug. 17 forced cash liquidation. Over the prior week, US spot Bitcoin ETFs took in $865.3 million in net inflows, with BlackRock’s IBIT accounting for 80.1% of that total.
DEFI
DEFI-3.61%
7h ago
14h ago
Bank of Russia adds Bitcoin, Ethereum and Tether to exchange-approved list, sets $3,632 annual cap for retail buyers
The Bank of Russia has added Bitcoin, Ethereum and Tether to the list of cryptocurrencies permitted for trading on domestic exchanges. Nonqualified investors will be allowed to buy no more than $3,632 worth of crypto per year. The central bank said the three assets meet its requirements on market size, trading volume and long-term pricing history, according to TASS. The move creates a compliant route for the public in Russia to participate in crypto trading.
BTC
BTC-0.30%
14h ago
18h ago
Coreum bridge exploit drains 200,000 XRP in 97 minutes as memo-only checks bypass address validation
A logic flaw in Coreum’s cross-chain bridge led to an attack that stole about 200,000 XRP within 97 minutes. The bridge reportedly validated transaction memos but did not verify the actual destination addresses, allowing funds to be moved without accessing any private keys. XRPL itself was not affected, and the bridge has been halted while an official report remains pending.
XRP
XRP+0.88%
18h ago
21h ago
Ripple Secures MiCA License as XRP Stalls Below $1.10
Ripple said it has obtained a license under the EU’s Markets in Crypto-Assets (MiCA) regime, allowing it to provide compliant digital asset services across the European Economic Area. XRP failed to clear resistance at $1.10 on Tuesday and traded around $1.07. The Federal Reserve last week kept its benchmark rate at 3.50%–3.75% and reiterated its commitment to a 2% inflation target, maintaining a restrictive stance that has weighed on risk appetite. XRP perpetual futures open interest stood at about 2.27 billion XRP, underscoring a market split as $1.10 remains the key near-term technical hurdle.
XRP
XRP+0.88%
21h ago
23h ago
SEBI says India’s corporate bond tokenization pilot is progressing for the ₹59 lakh crore market
India’s Securities and Exchange Board (SEBI) said in its annual report that its pilot to tokenize corporate bonds is moving forward. The initiative aims to turn India’s ₹59 lakh crore corporate bond market into blockchain-based tokens to enable faster settlement and smart-contract programmability, while integrating with the Reserve Bank of India’s CBDC settlement system. SEBI’s chair first outlined the pilot in May, describing it as an efficiency test built on existing infrastructure rather than a full replacement.
23h ago
1d ago
Texas orders audit of data center grid hookups, potentially boosting value of existing AI and Bitcoin sites
Texas Governor Greg Abbott has ordered the Public Utility Commission of Texas and grid operator ERCOT to audit all data center projects awaiting approval to connect to the grid, a move expected to weigh mainly on speculative projects that have not yet been cleared. With data center proposals making up about 90% of ERCOT’s 474 gigawatts interconnection queue, restrictions on new connections could make existing AI campuses and Bitcoin mining facilities more valuable. Bitcoin miners have signed more than 20 AI infrastructure deals totaling about 8 gigawatts of contracted power capacity, with an estimated $160 billion in total contract value.
BTC
BTC-0.30%
1d ago
1d ago
US Treasury sanctions crypto exchanges Shelbit and Aban Tether over alleged IRGC-linked fund transfers
The US Treasury’s Office of Foreign Assets Control (OFAC) sanctioned crypto exchanges Shelbit and Aban Tether on August 7, accusing them of moving funds for Iran’s Islamic Revolutionary Guard Corps. TRM Labs data show the unlicensed, Dubai-registered exchange Shelbit processed more than $6.3 billion in flows between May 2024 and March 2026, which OFAC described as a settlement layer for Iran’s illicit economy. The action is part of the Treasury’s “Economic Fury” campaign and marks the latest step since January targeting Iran-linked crypto platforms.
BTC
BTC-0.30%
1d ago
1d ago
Jupiter rolls out Lend v2 on Solana, enabling borrowed assets to earn trading fees
Jupiter launched Lend v2 on Solana on August 10, adding optional Smart Collateral and Smart Debt features that let borrowed assets act as DEX liquidity and earn trading fees while in a lending position. The upgrade also introduces Lifetime PnL, which records the cumulative profit and loss for each position over its lifespan. On the same day, JupSOL had $396.0 million in total value locked and Jupiter’s perpetual futures venue held $702.6 million in open interest.
JUP
JUP-3.78%
1d ago