Author: James Wilson
Six long-dormant Bitcoin wallets have transferred 553.59 BTC worth $40.15 million after remaining inactive for periods ranging from nearly 12 years to more than 15 years. Summary Six wallets moved 553.59 BTC between Aug. 16 and Aug. 26. The holdings were worth $40.15 million when the transactions occurred. Two addresses carry labels linking them to a New York dormant-wallet lawsuit. Only one transfer reached a destination associated with a known crypto company. Galaxy Research tracked the six movements from wallets dating to 2011, 2012, and 2014, although blockchain records do not reveal who controlled most of the addresses or why…
Chainlink has introduced price feeds for four Coinbase tokenized stocks on Base, giving DeFi protocols the data needed to assess NVDAc, METAc, AAPLc, and GOOGLc as collateral. Summary Chainlink Data Feeds provide continuous valuations for four Coinbase tokenized stocks on Base. Lending protocols can use the feeds to manage borrowing limits, loan health, and liquidations. Each B20 token represents an interest in a U.S.-listed share held through a regulated custody structure. Coinbase restricts the products to eligible non-U.S. investors under its current offering terms. Chainlink feeds support tokenized stock collateral Chainlink said in an Aug. 26 X announcement that its…
A new OKX report has found that 90% of college students want crypto and blockchain included in financial education, even though only 28% of reviewed U.S. business schools offered related courses. Summary 90% of students and 87% of parents support college-level crypto and blockchain education. 33% of students rely mainly on social media for crypto knowledge, compared with 7% who cite schools. 47% of students have taught a parent or guardian about crypto or investing. 56% of students would accept 20% of their salary in Bitcoin. Crypto education demand exceeds course availability In its New Money Curriculum report shared with…
Pump.fun has added trading for any HyperEVM token through USDC as Hyperliquid L1 records about $503 million in decentralized exchange volume over 24 hours. Summary Pump.fun users can trade HyperEVM tokens with USDC through the platform’s application. The company said traders will receive referral rewards and pay close to zero trading fees. HyperEVM operates alongside Hyperliquid’s spot and perpetual trading system. Hyperliquid L1 currently holds about $1.59 billion across decentralized finance protocols. Pump.fun said on Aug. 26 that its application now supports tokens issued on HyperEVM, giving users a new route to buy and sell the assets with USDC. The…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. XRP’s price momentum has slowed, traders are facing resistance, while UE Crypto is attracting attention as investors seek cloud mining and yield mechanisms. Summary XRP’s price momentum has slowed, and its price action has raised concerns about short-term market sentiment. Amid continued market volatility, XRP holders seeking cloud mining and yield mechanisms have shown increasing interest in UE Crypto. Potential liquidation concentrations around $1.55 and between $1.42 and $1.45 could influence the next market move. At the time of…
Tokenized deposits could reduce U.S. banks’ capacity to hold long-term interest-rate exposure by $700 billion under one modeled scenario, according to research published Aug. 25 by Dallas Fed economists Rosie Levy and Srini Ramaswamy. Summary Dallas economists estimate 10% greater rate sensitivity could reduce banks’ duration capacity by $700 billion. A 10% shorter deposit life could reduce maturity transformation capacity by approximately $580 billion systemwide. The estimates measure ten-year equivalent interest-rate exposure, not deposits predicted to leave banking institutions directly. Tokenization may let depositors and AI agents move funds instantly toward banks offering higher yields. Banks could respond with higher…
Cryptex Finance filed an amended registration statement on Aug. 24 for its proposed Digital Market Cap ETF, including XRP at a 4.88% fund weighting. Summary Cryptex’s amended ETF filing assigns XRP a 4.88% fund weighting and discusses possible escrow releases. The disputed language comes from Cryptex, not an SEC finding or confirmed Ripple announcement directly. Existing XRP escrows cannot release tokens before their programmed ledger-based expiration conditions are satisfied technically. Ripple could distribute more monthly releases instead of re-escrowing them, but has confirmed nothing publicly. The CLARITY Act remains pending in Senate, so passage and resulting market changes remain uncertain.…
Bitcoin traders are preparing for approximately $6.44 billion in BTC options to expire on Deribit at 08:00 UTC on Friday, Aug. 28, following the cryptocurrency’s rapid advance from approximately $62,000 to $80,000. Summary 81,700 Bitcoin options worth roughly $6.44 billion expire Friday at 08:00 UTC on Deribit’s platform. Calls total 44,639 contracts versus 37,061 puts, producing a 0.83 put-to-call ratio before Friday’s settlement. The $75,000 strike holds $236 million in call notional, while $80,000 holds $157 million currently. More than $500 million of notional lies within 5% of Bitcoin’s prevailing market price currently. Max pain stands near $68,000, but that…
A U.S. federal judge has pushed Tornado Cash co-founder Roman Storm’s retrial to April 26, 2027, about six months later than planned, while his motion seeking to overturn his existing conviction remains unresolved. Summary Roman Storm’s retrial has been moved from October 2026 to April 26, 2027. His pending acquittal motion challenges his 2025 money transmitting conviction. Storm still faces money laundering and sanctions charges carrying up to 20 years each. The first jury deadlocked on both charges after convicting Storm on one separate count. The Aug. 25 court order states that U.S. District Judge Katherine Polk Failla granted Storm’s…
Kraken temporarily restricted customer accounts after nearly 12,000 unsolicited cryptocurrency transfers reached addresses connected to the exchange between Aug. 17 and 24, according to an Aug. 25 report from Bloomberg. Summary Nearly 12,000 small transfers reached Kraken-linked addresses between August 17 and 24, Bloomberg reported Tuesday. Kraken temporarily restricted affected accounts, later restoring access while retaining the disputed sanctioned funds separately. Arkham attributed the sending wallet to HTX, but wallet labeling does not establish transaction control. HTX denied initiating the transfers and is investigating misattribution or possible malicious third-party activity independently. European Union restrictions against HTX’s Huobi Global entity took…