Author: James Wilson
Ripple CEO Brad Garlinghouse is scheduled to speak at the Wyoming Blockchain Symposium on Aug. 18, joining U.S. policymakers and financial industry executives as the debate over digital asset regulation moves into another important stretch. Summary Ripple CEO Brad Garlinghouse will discuss modernizing financial infrastructure at Wyoming Blockchain Symposium on Tuesday. SALT scheduled Garlinghouse’s session for 3:05 p.m. Mountain Time, moderated by CNBC reporter Tanaya Macheel. The invitation-only gathering brings 500 investors, builders and policymakers to Jackson Hole from August 17-20. SEC Chair Paul Atkins and Senators Cynthia Lummis and Tim Scott also speak during Tuesday. No Ripple announcement or…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. EiCrypto has launched a contract-based cloud mining platform designed to help XRP and BTC holders diversify asset participation amid market volatility. Summary EiCrypto launches a renewable-powered cloud mining platform, offering XRP and BTC holders an alternative way to put their assets to work. It has introduced cloud mining contracts backed by computing power, targeting investors seeking alternatives to crypto price volatility. The platform is drawing XRP investor interest with its automated contracts and renewable-powered mining infrastructure. The XRP community…
DefiLlama delayed the public launch of its mobile application while trying to remove applications impersonating the DeFi analytics platform from Apple’s App Store, pseudonymous founder 0xngmi said on Aug. 15. Summary DefiLlama delayed its mobile launch until fake App Store listings were removed, founder 0xngmi said. Apple removed one impersonating app within days after DefiLlama demonstrated it could drain cryptocurrency funds. DefiLlama’s official iPhone app is now live, with Apple listing DEFILLAMA LIMITED as its provider. Apple’s guidelines prohibit app impersonation and unauthorized use of another developer’s brand or product name. Fake crypto apps have repeatedly reached Apple’s store, including…
SafePal disclosed on Aug. 16 that an authorization flaw in an order-tracking plugin exposed customer order information belonging to approximately 39,798 people. Summary Nearly forty thousand SafePal customers had order information exposed through an authorization flaw in software. Exposed records included names, emails, shipping addresses, phone numbers and detailed SafePal purchase information externally. Seed phrases, private keys, wallet passwords, payment details and government identification numbers were not exposed. SafePal removed over 30 phishing websites and shortened personal data retention to 90 days afterward. SafePal received a phishing report in May before confirming the authorization flaw during July investigations. The affected…
Bits of Gold, Israel’s regulated crypto broker, is investigating a cyber incident that may have exposed customer identity and financial information after unauthorized access to a third-party system used for support and data analysis. Summary Bits of Gold said funds, crypto, passwords, ID scans and full card details remained unaffected. Potentially exposed data includes names, identification numbers, emails, phones, IP addresses and bank account details. Bits of Gold linked the incident to third-party software compromised during a wider global breach. Bits of Gold reports 300,000-plus customers and operates under Israeli financial regulation with license 56716. BILS received approval in April…
Binance has extended its rewards push around Ripple USD with another four-week campaign offering one million XRP to eligible RLUSD holders. Summary Binance extended its RLUSD rewards campaign through September 11 with one million XRP available overall. Eligible users need at least 0.01 RLUSD and $500 in average daily derivatives trading volume. One million XRP will be distributed across four weekly installments beginning August 21 to participants. Borrowed stablecoin-funded RLUSD receives a 60% haircut when Binance calculates qualifying margin balances for rewards. Ripple officially reported $1.59 billion of RLUSD circulating against $1.70 billion in reserve funds recently. The new campaign…
Payward, the parent company of Kraken, reported $508 million in adjusted revenue for the second quarter of 2026, up 17% year over year, while adjusted EBITDA dropped sharply to $23 million. Summary Payward reported $508 million in Q2 adjusted revenue, rising 17% from the prior year period. Adjusted EBITDA fell to $23 million from $80 million reported for the second quarter previously. Total platform transaction volume declined 18% year over year to $310 billion during the quarter. Asset-based and other revenue represented 60% of total revenue, up from 55% one year earlier. Payward reported 6.6 million funded accounts, although its…
Mark Cuban said on Aug. 16 that “chips as an asset class will be the new crypto,” offering a one-line prediction as artificial intelligence drives demand for advanced computing hardware. Summary Mark Cuban said chips as an asset class could become the next crypto-like investment category. CoreWeave closed a $2.6 billion facility this month backed by long-term confidence in GPU demand. Nvidia reported quarterly data center revenue of $75.2 billion, rising 92% year over year recently. CoreWeave has pioneered GPU-backed financing, showing chips already function as collateral within institutional credit markets. Bitcoin advocate Pierre Rochard rejected Cuban’s analogy because chip…
Bybit expanded its push into synthetic private market trading in August by listing perpetual contracts linked to Unitree Robotics and Moonshot AI. Summary Bybit now offers more than 200 TradFi perpetuals, including Unitree and Moonshot AI pre-IPO contracts. UNITREEUSDT and MOONSHOTUSDT are USDT-settled synthetic derivatives with leverage capped at 10 times for traders. Unitree priced its Shanghai IPO at 150.80 yuan after retail demand exceeded 8,000 times subscriptions. Moonshot AI has not confirmed an IPO timetable and disputed reports of an August filing. Bybit says these contracts provide price exposure only and do not confer company share ownership. The contracts…
Morgan Stanley has increased its reported holding in BlackRock’s spot Bitcoin ETF by 23% to about 16.5 million shares while adding exposure to Ether, Solana, and several crypto-linked companies during the second quarter. Summary Morgan Stanley added roughly 3.04 million shares of BlackRock’s IBIT during Q2. Its IBIT position was valued at $549 million as of June 30. Holdings in BlackRock’s Ether ETF increased by 202% to 4.6 million shares. New positions included Morgan Stanley’s Bitcoin fund and two Solana investment products. The U.S. Securities and Exchange Commission filing signed on Aug. 11 showed that Morgan Stanley held about 16.5…