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Showing posts from August, 2026

More Markets Exploit: $9.3M Drained From WFLOW Token

More Markets, a lending protocol developed by More Labs on the Flow EVM network, has suffered an exploit that drained 15.5 million WFLOW from its lending reserves. Blockaid identified 15.5 million WFLOW leaving the reserve, with the tokens valued at around $9.3 million.  However, More Markets has not confirmed the amount lost, they say the investigation is ongoing. How the More Markets Exploit Happened According to Web3 security firm Blockaid, the attacker exploited the protocol’s handling of liquid staking tokens (LSTs) through its E-Mode system. https://coinpedia.org/news/more-markets-exploit-9-3m-drained-from-wflow-token/

Wall Street Altcoin Picks: Charles Schwab Backs Ethereum, Solana, XRP and Hyperliquid

Charles Schwab’s director of global equity research, Adam Lynch, laid out the firm’s crypto allocation thinking in a recent appearance, distinguishing between five digital assets the firm views as serving fundamentally different roles in a portfolio: Bitcoin, Ethereum, Solana, XRP and Hyperliquid. Not All Crypto Is the Same Trade, Schwab Says https://coinpedia.org/news/wall-street-altcoin-picks-charles-schwab-backs-bitcoin-ethereum-solana-xrp-and-hyperliquid/

HYPE Price Explodes Higher: Whale Activity Hints at Another Leg Up

HYPE price has broken above the $70-$75 resistance band, extending its recovery into the $80-$85 region and materially improving the weekly market structure. The move is being accompanied by renewed whale-sized activity across Hyperliquid’s spot market, while recent volume conditions have moderated from earlier overheating levels. That combination leaves HYPE at a consequential technical juncture: if buyers can establish $75 as support, the next advance could target $90 and eventually $100. https://coinpedia.org/price-analysis/hype-price-explodes-higher-whale-activity-hints-at-another-leg-up/

XRP News: Evernorth Set to Launch 473M XRP Treasury on Nasdaq Gets SEC Clearance

Evernorth Holdings has cleared a major regulatory step toward becoming a publicly traded XRP treasury company. The SEC declared its Form S-4 registration effective on August 27, 2026, moving the Ripple-backed firm closer to a Nasdaq listing and its planned $1 billion XRP treasury. This gives investors a new way to gain exposure to XRP through public markets. Evernorth Moves Closer to Nasdaq With SEC Clearance The SEC’s decision allows Armada Acquisition Corp. II shareholders to vote on the proposed business combination. The next key step is a shareholder vote on September 30, 2026. https://coinpedia.org/news/xrp-news-evernorth-set-to-launch-473m-xrp-treasury-on-nasdaq-gets-sec-clearance/

Bittensor Price Jumps as Bitcoin-Like Scarcity Narrative Returns to TAO

 Bittensor price has moved sharply higher, with TAO trading around $255.36, up more than 10% in the latest session. The move has taken the token above a descending trendline that had contained its recovery since the earlier 2026 highs, while TAO token price has also reclaimed the $218-$236 moving-average cluster. The breakout comes with stronger derivatives activity, putting the $270-$275 region and eventually $300 on the radar if buyers can maintain control. TAO’s Supply Model Revives the Bitcoin Comparison The renewed attention around TAO is closely tied to its monetary structure. Bittensor has a 21 million maximum supply, while its issuance declines through protocol-defined halvings. The first halving in December 2025 reduced base emissions from 1 TAO to 0.5 TAO per block. That framework has similarities with Bitcoin, but TAO’s value proposition is different. Bitcoin derives its scarcity narrative from its role as a decentralized monetary asset, whereas TAO sits at the center of...

Here’s When and How Bitcoin Price Will Hit $100K

Bitcoin (BTC) has made a strong recovery after the recent $5 billion short squeeze, but Charles Edwards, founder of Capriole Investments in an interview with John Gillen said the next big move for BTC will depend on what happens with U.S. policy, the Federal Reserve and institutional demand. He remains positioned long, yet sees $70,000 as the level Bitcoin must protect before the bullish outlook can continue. You Can’t Be Too Bearish, Above $70K Edwards says Bitcoin has already broken above two important levels, $65,000 and $70,000. For now, staying above $70,000 would keep the market looking bullish, while $71,000 is the next key level to confirm a stronger trend. The bigger support is around $60,000, so falling below $70,000 could weaken the current setup. https://coinpedia.org/news/heres-when-and-how-bitcoin-price-will-hit-100k/

Thailand SEC Proposes Bitcoin, ETH ETF Rules

Thailand’s Securities and Exchange Commission opened a public comment period on Monday for draft regulations covering crypto exchange-traded funds, marking a formal step toward introducing regulated Bitcoin and Ethereum ETF products in the country. The proposal covers two areas. A regulatory framework for establishing crypto ETFs in Thailand, and revised qualification standards for foreign custodians handling digital assets on behalf of mutual funds and private funds. The SEC said the goal is to broaden investment opportunities for investors, support product diversity in Thailand’s capital market, and set consistent standards for offshore digital asset custody. https://coinpedia.org/crypto-live-news/thailand-sec-proposes-bitcoin-eth-etf-rules/

Machi Big Brother Builds $113M Bitcoin and Ethereum Long Positions

Crypto trader Machi Big Brother has opened about $113 million in leveraged long positions in Bitcoin and Ethereum after his account balance previously fell below $60,000. His positions include 668 BTC worth about $54 million and 23,350 ETH worth about $59 million, according to on-chain data. The move shows he is betting on further gains after recovering sharply from earlier losses. However, the positions carry significant liquidation risk because they use leverage. Any sharp decline in Bitcoin or Ethereum could quickly turn the trade against him and trigger forced liquidations https://coinpedia.org/crypto-live-news/machi-big-brother-builds-113m-bitcoin-and-ethereum-long-positions/

Crypto Flash Crash Wipes Out $500M in Long Positions

The crypto market saw a sharp sell-off, with Bitcoin falling 2.5%, Ethereum 5%, Solana 11.5% and XRP 37%. Around $500 million in long positions were liquidated within an hour, pushing total 24-hour liquidations toward $1.82 billion. Most of the liquidations involved leveraged long positions on major exchanges, including Binance. The drop highlights how high leverage and thin market liquidity can amplify sudden price moves. Traders remain divided over the cause, with some pointing to market manipulation while others see it as a broader deleveraging event. https://coinpedia.org/crypto-live-news/crypto-flash-crash-wipes-out-500m-in-long-positions/

Why is Crypto Going Up

 The crypto market rose 3.21% to $2.62 trillion in 24 hours, led by Bitcoin and stronger investor confidence around crypto regulation. The rally was supported by $606.29 million in U.S. spot Bitcoin ETF inflows on August 20, while traders also rotated into higher-risk altcoins. Bitcoin’s move helped lift the broader market, with some correlation to gold as macro factors remained supportive. The market is now watching $2.53 trillion as key support. Holding above that level could keep the rally intact, while a break below it may trigger a pullback. https://coinpedia.org/crypto-live-news/why-is-crypto-going-up/

Will Bitcoin Continue To Go Up

Bitcoin rose 2.68% to $77,271.75 in 24 hours as improved U.S. liquidity and supportive crypto regulation boosted market sentiment. The move was amplified by a short squeeze, with more than $1.2 billion in Bitcoin short positions liquidated as traders were forced to cover losses. U.S. spot Bitcoin ETFs added another $606.29 million on August 20, extending the inflow streak and providing additional buying pressure. Bitcoin now faces key support at $75,000, while holding that level could keep the recovery on track toward $79,463. https://coinpedia.org/crypto-live-news/will-bitcoin-continue-to-go-up/

Anthropic IPO 2026: Important Details Revealed

 Anthropic is reportedly accelerating plans for a major U.S. IPO that could challenge SpaceX’s record for the largest new share offering. The Claude developer could file as early as late August, with a potential market debut in October and a targeted $2 trillion valuation. The offering could also become a major test for investor appetite ahead of the U.S. midterm elections. https://coinpedia.org/news/anthropic-ipo-2026-important-details-revealed/

XRP Exchange Reserves Fall by 240M as Supply on Exchanges Declines

 XRP reserves on Binance, Upbit and Bithumb have fallen by about 240 million XRP since late May and early June, according to CryptoQuant data. Combined reserves now stand at roughly 10.84 billion XRP, down 2.2%. Binance saw the largest decline, with its reserves falling 3.7% to about 2.62 billion XRP. Upbit remains the largest holder with around 6.4 billion XRP, while Upbit and Bithumb together hold about 76% of the tracked reserves. Lower exchange balances can reduce immediately available supply, but they do not by themselves confirm buying or future price gains. https://coinpedia.org/crypto-live-news/xrp-exchange-reserves-fall-by-240m-as-supply-on-exchanges-declines/

Bitcoin Trading Volume Falls Below $1B as Market Activity Slows

Bitcoin spot trading volume on Binance has fallen below $1 billion, marking one of the lowest levels since 2023. The decline highlights a sharp slowdown in market activity compared with March 2024, when daily volumes regularly exceeded $15 billion. Binance accounts for nearly 40% of total crypto trading volume, making the drop notable. Lower volumes suggest weaker investor participation and could also signal reduced volatility as Bitcoin enters a quieter market phase. https://coinpedia.org/crypto-live-news/bitcoin-trading-volume-falls-below-1b-as-market-activity-slows/

BitMine Adds 9,926 ETH as Holdings Reach 5.82M ETH

BitMine acquired 9,926 ETH over the past week, bringing its total holdings to 5,815,164 ETH, or about 4.8% of Ethereum’s total supply. The company has staked 5,067,309 ETH, roughly 87% of its holdings, with estimated annualized staking revenue of about $250 million. BitMine also repurchased 1.7 million shares during the week, taking cumulative buybacks since July to more than 20.8 million shares. Its total crypto, cash, marketable securities and other investments stood at $11.4 billion as of August 16. https://coinpedia.org/crypto-live-news/bitmine-adds-9926-eth-as-holdings-reach-5-82m-eth/

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Coinbase Users $300M+ Stolen Funds Move Again

 The Coinbase users previous theft story once again came to limelight today. As the scam actor linked to more than $300 million in stolen funds is moving money again, with onchain investigator VAL reporting that around some quantity was converted to ETH and sent to Tornado cash yesterday. This transaction comes after another big stash reportedly took the same route three weeks ago. Coinbase Users Theft Came Through Social ENgineering This wasn’t a smart-contract exploit. In fact the stolen funds came from an extensive social engineering campaign targeting individual Coinbase users, with scammers allegedly impersonating as customer support to trick victims into revealing credentials, transferring assets or approving malicious transactions. https://coinpedia.org/news/coinbase-users-300m-stolen-funds-move-again/

Polygon Joins Bank of England Digital Pound Experiment

Polygon has joined the Bank of England’s Digital Pound Lab alongside NOBO Finance and Dun & Bradstreet to test how stablecoins could work with a digital pound for cross-border payments. The project will explore ways to move between different forms of digital money with fewer delays and costs. Polygon will provide the smart contract infrastructure for the stablecoin settlement side, while the digital pound will run on the Bank of England’s simulated test system. The experiment will use test infrastructure and will not involve real customers or funds. https://coinpedia.org/crypto-live-news/polygon-joins-bank-of-england-digital-pound-experiment/

Dogecoin Price Analysis: DOGE Holds $0.068 Support — Can Bulls Push Toward $0.075?

 The Dogecoin (DOGE) price has been moving sideways in a relatively tight range after failing to sustain its recent recovery attempts. The price is currently hovering around $0.07, with buyers repeatedly defending the lower support zone while sellers continue to appear near key resistance levels. With DOGE now approaching the upper part of its recent range, the key question is whether bulls can finally break through resistance or whether the token will remain stuck in consolidation. DOGE Consolidates Within a Tight Range DOGE has been trading in a range since late July, with the $0.068–$0.069 area acting as a strong support zone. The price has tested this region several times and managed to recover each time, suggesting that buyers continue to defend the lower end of the range. https://coinpedia.org/price-analysis/dogecoin-price-analysis-doge-holds-0-068-support-can-bulls-push-toward-0-075/

Uniswap Faces a Critical Test at $3.20 After Sharp Rejection—Is UNI Heading to $3 or Loading Up for a $4 Rebound?

Uniswap price has come under renewed selling pressure after facing a sharp rejection from the $4.40–$4.50 region, pushing the token back toward a crucial support zone around $3.20. The latest decline has brought UNI to an important decision point, where buyers will need to defend this level to prevent further downside. With the price now hovering near support, the key question is whether UNI is heading toward $3 or preparing for a rebound toward $4. UNI has come under strong selling pressure after a sharp rejection from the $4.40–$4.50 region, bringing the price back toward the key $3.10–$3.20 support zone. This area is now crucial, as a strong reaction could set up a recovery, while a decisive break below it could open the door toward $3. The liquidity heatmap shows notable liquidity building around the $3.50–$4.10 region. If UNI manages to bounce from current levels, this area could attract price and act as an important battleground between buyers and sellers. https://coinpedia.org/p...

JPMorgan Ended Polymarket Banking Relationship Over Regulatory Concerns

JPMorgan ended its banking relationship with Polymarket in October 2025, telling the prediction-market platform to find another banking partner because of regulatory concerns, according to the Financial Times. Polymarket has since moved to another bank. The two companies still maintain other business ties. JPMorgan invited Polymarket CEO Shayne Coplan to a private banking conference in February and is reportedly interested in a potential IPO underwriting role. Polymarket is also seeking to raise more than $1 billion at a $20 billion valuation. https://coinpedia.org/crypto-live-news/jpmorgan-ended-polymarket-banking-relationship-over-regulatory-concerns/