Explore the latest news, analysis, and updates about Cryptocurrencies.
Standard Chartered has initiated Bitcoin (BTC) and Ether (ETH) spot trading services for institutional clients in the United Arab Emirates, positioning itself as the first major global financial institution to offer this capability in the region.
Bitcoin's value has surged, approaching the $79,000 mark. This movement aligns with an expansion in MicroStrategy's valuation and an increase in BTC's market dominance above 60%, while Michael Saylor hints at a potential new Bitcoin acquisition by the company.
Layer 1 blockchain Fogo halted its mainnet after an attack led to the unauthorized transfer of 400 million FOGO tokens, representing 10% of the circulating supply and valued at $3 million. The compromised tokens also account for 4% of the network's genesis supply.
Bitcoin and Ether Exchange-Traded Funds (ETFs) saw a net inflow of $2.6 billion, marking their strongest week since October. The combined weekly trading volume for these products tripled to $29 billion, coinciding with a price rally for BTC and ETH, despite both assets still showing negative year-to-date performance.
Traditional financial institutions are actively embracing digital assets, collaborating with specialized firms to develop essential infrastructure. This process is unifying the traditional finance (TradFi) and decentralized finance (DeFi) sectors, dissolving previous polarization.
President Donald Trump is expected to attend a White House meeting with executives from the cryptocurrency, prediction markets, and artificial intelligence sectors, signaling increased governmental dialogue with these emerging industries.
US Consumer Price Index (CPI) inflation, both headline and core, slowed to 3.4%, matching economists' expectations. This alignment contributed to Bitcoin's (BTC) stability, holding near $64,000, while Treasury yields declined. Concurrently, Japanese firm Metaplanet moved 3,881 BTC internally, easing sell-off fears, even as a Harmony exploit impacted other altcoins.
Harmony's ONE token plummeted by 26% on August 12, 2026, following an attack that allegedly minted tokens equivalent to a quarter of its total supply. Harmony is collaborating with exchanges to freeze funds and is developing a software solution.
The BIP-110 Bitcoin fork stalled after mining just two blocks, attributed to inheriting the main chain's full mining difficulty with minimal hashpower support, leading to an unviable block rate and potential transactional instability.
Bitcoin's BIP-110 soft fork proposal has entered its mandatory signaling phase upon reaching block 961,632. The initiative faces significant opposition, with less than 3% miner support and rejection from influential Bitcoin ecosystem commentators.
Eliza Labs has officially declared the end of the ElizaOS token, leading to a 19% drop and an all-time low in its value. The decision was prompted by the project's treasury depletion to settle a class-action lawsuit, though AI platform development will continue without an associated crypto asset.
Former Los Angeles Police Department (LAPD) officer Eric Halem has been sentenced to life plus 15 years for the kidnapping of a teenager and the robbery of a hard drive containing $350,000 in Bitcoin, using police vests to gain access to a Koreatown residence.
