Proof of Attendance Protocol Shuts Down After 5 Years
Flap Tops Pump.fun in Daily Revenue With $1.18M in Fees After 40x Growth
Boltz Halts All Swaps Indefinitely After AI-Assisted Attacks Outpace Security Patches
Former FBI Agent Indicted for Stealing $1 Million in Crypto From Seized Wallets
Hashdex Closes Smallest Bitcoin ETF After Two Years With Under $18M in Assets
BlackRock Launches BSTBL and BRSRV Tokenized Money Market Funds on Ethereum
Strategy Sells 1,638 BTC for $105M, Trims Position to 842,138 Bitcoin
Bithumb Sets 2028 IPO Target With Three-Stage Roadmap and K-IFRS Shift
American Bitcoin Reports Record 932 BTC in Q2 Amid $57M Loss
Bitcoin Slides From $65,000 as Traders Pin Blame on Thin Volume
BitGo Launches Link to Unify Institutional Asset Management Across Coinbase, Kraken, and Crypto.com
Bitget Exits Japan Market, Will Force-Close All Positions by Year-End
Top Stories
Flap Tops Pump.fun in Daily Revenue With $1.18M in Fees After 40x Growth
Boltz Halts All Swaps Indefinitely After AI-Assisted Attacks Outpace Security Patches
Former FBI Agent Indicted for Stealing $1 Million in Crypto From Seized Wallets
Hashdex Closes Smallest Bitcoin ETF After Two Years With Under $18M in Assets
BlackRock Launches BSTBL and BRSRV Tokenized Money Market Funds on Ethereum
Strategy Sells 1,638 BTC for $105M, Trims Position to 842,138 Bitcoin
Bithumb Sets 2028 IPO Target With Three-Stage Roadmap and K-IFRS Shift
American Bitcoin Reports Record 932 BTC in Q2 Amid $57M Loss
Editor's Picks
American Bitcoin Reports Record 932 BTC in Q2 Amid $57M Loss
Bitcoin Slides From $65,000 as Traders Pin Blame on Thin Volume
BitGo Launches Link to Unify Institutional Asset Management Across Coinbase, Kraken, and Crypto.com
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Markets
Proof of Attendance Protocol Shuts Down After 5 Years
Proof of Attendance Protocol (POAP), one of the earliest utility NFT platforms, is shutting down after more than five years of operation. The closure marks a significant setback for a sector struggling to find sustainable revenue models beyond speculative trading.
Flap Tops Pump.fun in Daily Revenue With $1.18M in Fees After 40x Growth
Flap, a BNB Chain memecoin launchpad, has surpassed Pump.fun in daily revenue with $1.18 million in fees after experiencing 40x growth in two weeks. The milestone marks the second BNB Chain platform to flip the Solana incumbent, reflecting a broader shift toward multi-chain memecoin ecosystem...
Former FBI Agent Indicted for Stealing $1 Million in Crypto From Seized Wallets
A former FBI special agent has been federally indicted for stealing approximately $1 million in cryptocurrency from the bureau. Patrick Steven Yaroch, who served from February 2025 through July 2026, faces charges of receipt of stolen goods related to assets seized from foreign adversaries.
Hashdex Closes Smallest Bitcoin ETF After Two Years With Under $18M in Assets
Hashdex is closing one of its Bitcoin ETFs after two years of operation, unable to scale past $18 million in net assets. The closure reflects how spot Bitcoin ETF approval in January 2024 concentrated inflows among major players like BlackRock and Fidelity, leaving smaller competitors unable to...
Regulation
Bithumb Sets 2028 IPO Target With Three-Stage Roadmap and K-IFRS Shift
Bithumb published an official notice on August 3, 2026 laying out a formal three-stage plan to reach an IPO in 2028, pairing the announcement with a structural overhaul and a shift to K-IFRS accounting standards required of South Korean public companies.
Bitget Exits Japan Market, Will Force-Close All Positions by Year-End
Bitget has stopped accepting new registrations from Japanese residents and will forcibly close all remaining user positions after December 31, 2026, as the exchange withdraws from Japan citing regulatory pressure.
Hong Kong Police Flag $3.3M Romance Scam Built Around Fake Crypto App
An insurance agent in Hong Kong lost $3.3 million in a romance scam centered on a fake crypto app. The case reflects a broader pattern of social engineering fraud targeting cryptocurrency investors across Asia-Pacific.
BNB Chain Sues Former Employee Over Unauthorized ASTEROID Memecoin Launch
A former BNB Chain employee secretly launched the ASTEROID memecoin using a retained seed phrase, accumulated 79.67% of its supply for $10,000, then sold for $638,000. BNB Chain is pursuing legal action, raising questions about insider controls and offboarding procedures.
DeFi
Boltz Halts All Swaps Indefinitely After AI-Assisted Attacks Outpace Security Patches
Boltz, a non-custodial Bitcoin swap service, halted all operations on August 3, 2026, after attackers using AI-assisted techniques began exploiting vulnerabilities faster than the development team could patch them. Dependent wallets Aqua and Bull Bitcoin are racing to restore Lightning and...
ZeroStack Faces Survival Crisis After $82.5M Loss on 0G Holdings
ZeroStack, a Nasdaq-listed crypto treasury firm, has issued a going-concern warning after its concentrated bet on 0G cratered, leaving the company with an $82.5M loss and holdings 91% below cost basis. The crisis exposes the structural vulnerability of funding operations through staking rewards.
DeFi Platforms Quietly Pivot to Enterprise Backend Services
Several DeFi platforms have begun abandoning consumer-facing applications in favor of selling backend infrastructure services to large technology companies. This pivot trades retail volatility for enterprise predictability but raises sharp questions about token utility and governance.
MetronomeDAO Discloses $15.7M Synth Shortfall Tied to Chainlink Oracle Lag
MetronomeDAO disclosed a $15.7 million to $16 million shortfall in synthetic assets tied to Chainlink price-feed latency accumulated over years. The treasury has staged $34 million in defensive positions to close the gap without triggering a depeg.
Technology
Inception Labs' Mercury 2 Outperforms Google's DiffusionGemma in AI Showdown
Inception Labs released Mercury 2, an AI model that outperforms Google's DiffusionGemma while preserving model intelligence during the shift from sequential to parallel processing. The development marks a significant architectural transition in the post-autoregressive era.
Quantinuum Surges 13% on Nasdaq IPO Debut, Raising $1.68B
Quantinuum's shares opened at $68 on their first day of trading on Nasdaq, a 13% jump from the $60 IPO price, raising $1.68 billion in total proceeds and valuing the quantum computing company at approximately $17.63 billion market capitalization.
Starkware Cuts Jobs as Starknet Revenue Collapses 98%
StarkWare Cuts Staff as Starknet Fee Revenue Drops 98% From Peak StarkWare, the Israeli company behind the Starknet Ethereum Layer 2 network, has laid off a portion of its workforce as on-chain rev
Kraken Refuses Extortion Demand After Insider Data Breach Exposes 2,000 Accounts
Kraken Refuses Extortion Demand After Insider Data Breach Exposes 2,000 Accounts Cryptocurrency exchange Kraken has declined to pay an extortion demand following a data breach that exposed personal
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