Author: James Wilson

XRP Ledger validators will vote on a privacy amendment designed for institutional transfers as the network hosts more than $530 million in distributed tokenized assets outside RLUSD. Summary Confidential Transfers would encrypt MPT balances and payment amounts while keeping accounts and token types visible. XRPL hosts about $1.38 billion in distributed assets, including $845.7 million of RLUSD. The first version supports direct MPT payments only, excluding exchange trades, escrow and checks. Activation requires 80% validator support for two consecutive weeks. XRP Ledger privacy amendment enters validator process XRP Ledger version 3.3.0, released on Aug. 6, includes six proposed amendments focused…

U.S. spot Bitcoin ETFs attracted $853.5 million during five consecutive inflow sessions as August demand reversed the previous week’s withdrawals. Summary Bitcoin ETFs recorded five straight inflow days from Aug. 3 through Aug. 7. Weekly net inflows reached approximately $853.5 million, according to SoSoValue. August flows are already nearly five times July’s $172.4 million total. Ethereum ETFs added another $244.9 million during the same trading week. Bitcoin ETF inflows reverse previous week’s withdrawals U.S. spot Bitcoin ETFs opened August with $170.1 million in net inflows on Aug. 3, followed by $211.5 million on Aug. 4, according to SoSoValue. Inflows increased…

BitMEX reportedly spent two years seeking a buyer before deciding to close the crypto derivatives exchange, as founder control, declining activity and legal baggage deterred potential acquirers. Summary BitMEX discussed a sale with multiple prospective buyers, including competing exchanges and Exodus. Founder control, shrinking revenue and reputation concerns reportedly complicated the negotiations. The exchange was reportedly seeking a valuation of about $1 billion during the process. BitMEX will restrict trading on Aug. 26 and close the exchange on Sept. 23. BitMEX held sale talks for two years BitMEX explored a sale with several potential acquirers over approximately two years but…

Bitcoin holders could lose real BTC if they try to sell coins created by a potential BIP-110 chain split without first separating their balances. Summary BIP-110 nodes will reject non-signaling blocks beginning at Bitcoin block 961,632. A minority chain could emerge without built-in replay protection if miners continue producing compatible blocks. Transactions selling forked coins could also move the holder’s real BTC on the main chain. Miner signaling stood near 2.6% on Friday, far below the proposal’s 55% threshold. BIP-110 fork could put real Bitcoin at risk Bitcoin developer Kevin Loaec warned holders against moving coins following a possible BIP-110…

European Union officials are preparing to revise the bloc’s MiCA crypto framework in 2027 as foreign stablecoin restrictions and faster U.S. rulemaking expose gaps in the existing regime. Summary EU diplomats reportedly expect MiCA revisions in 2027, despite an ongoing European Commission consultation. Changes could address rules that have left non-EU stablecoins such as USDT without authorization. The review may expand MiCA to cover tokenized deposits, payments and other real-world assets. U.S. adoption of the GENIUS Act has added pressure on Europe to reassess its approach. EU officials reportedly see MiCA revision as unavoidable European diplomats said policymakers are expected…

Bitcoin price held near $65,000 on Aug. 8, but its failure to reclaim the short-term holder cost basis left the recovery exposed to renewed selling. Summary Bitcoin price traded near $65,015, about 3.7% below the short-term holder realized price. The $67,523 cost basis could attract selling from holders seeking to exit near breakeven. 4-hour momentum remains positive, with the RSI at 61.8 and price above the Bollinger midline. Liquidation clusters near $65,600 and $63,000–$63,800 could determine the next move. Bitcoin price struggles to hold above $65,000 According to data from crypto.news, Bitcoin (BTC) price was trading near $65,015 at the…

BTCPay Server has urged users to install version 2.4.2 immediately after discovering that attackers are actively exploiting a critical vulnerability that could lead to stolen funds. Summary BTCPay Server v2.4.2 contains the required security update. The vulnerability is already being actively exploited, according to the project. Operators unable to update should shut down their servers immediately. BTCPay Server has not disclosed the attack method or total financial losses. BTCPay Server tells users to install v2.4.2 BTCPay Server issued the warning through its official X account on Aug. 7, describing the vulnerability as critical and saying successful exploitation could result in…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. XRP faces renewed pressure after its first ETF outflow, while EX DeFi gains attention from investors seeking cloud mining and yield opportunities. Summary XRP ETF records its first monthly outflow as weakening price action raises concerns over short-term market sentiment. EX DeFi gains attention from XRP holders seeking cloud mining and yield strategies amid ongoing market volatility. Despite recent ETF outflows and price weakness, long-term optimism for XRP remains supported by institutional adoption. XRP price has recently remained weak,…

Bybit has sued North Korea, its intelligence agency and the Lazarus Group in a U.S. federal court as the exchange seeks to recover assets stolen in the record $1.5 billion crypto hack. Summary Bybit filed its case against North Korea, the RGB and Lazarus Group in Washington, D.C. A federal judge issued a preliminary injunction freezing certain stolen assets held by unidentified defendants. The FBI previously attributed the $1.5 billion February 2025 attack to North Korean actors. Bybit said the civil case remains separate from ongoing U.S. criminal investigations. Bybit takes Lazarus Group to US court Bybit filed the civil…

SpaceX stock surged 14% on Friday after an analyst upgrade, softer U.S. jobs data, and limited insider selling eased pressure on the recently listed company. Summary SPCX climbed 14.09% to $131.06, extending its rebound from an August low near $105. Argus upgraded SpaceX to Buy and maintained a $160 price target. Up to 911.5 million insider shares became eligible for sale without triggering the feared sell-off. Weak U.S. payroll data reduced expectations for another short-term Federal Reserve rate hike. SpaceX stock jumps after Argus upgrade Space Exploration Technologies Corp. traded at $131.06 as of 3:26 p.m. EDT, up $16.14 for…