Bitcoin Economic Energy Thesis Frames Saylor’s View of Money
Bitcoin’s economic energy is central to Michael Saylor’s latest argument about money, scarcity, and long-term value preservation. The Strategy chairman published an essay on August 15 outlining why he believes Bitcoin conserves economic value better than gold or fiat currencies. Written with Robert Breedlove and titled “What Is Money?”, the essay describes money as technology for storing labor’s value. It also explains how that value can move across time and distance. Saylor refers to this stored value as “economic energy” and asks how efficiently monetary systems preserve it. How Saylor Defines Economic Energy Saylor argues that sound money should preserve the value created through work without suffering significant “monetary entropy.” He uses that term to describe the erosion of value as money moves through time or across distance. The essay credits gold for scarcity and durability, but highlights several weaknesses. Gold is heavy, expensive to transport, costly to secure, and difficult to audit. Once integrated into financial systems, it also depends heavily on custodians. Government-issued currencies solve many portability problems associated with gold. However, their supply and operating rules remain controlled by governments and central banks. Why Saylor Favors Bitcoin The essay describes Bitcoin as digital monetary energy with no physical mass and no central issuer. Its total supply is capped at 21 million coins, a feature central to Saylor’s argument about scarcity. Saylor’s position is that Bitcoin loses less economic energy than competing monetary systems. His broader case focuses on how effectively an asset can preserve purchasing power while remaining transferable across long distances. The essay arrived during a wider debate about whether advanced artificial intelligence could eventually reduce the importance of money. Elon Musk has argued that AI-driven abundance could make money less relevant through what he calls a universal high income. Saylor Challenges Musk’s Money Outlook Saylor rejected that view during a Diary of a CEO interview with host Steven Bartlett published earlier this month. He argued that scarcity would continue shaping human behavior even in a more abundant economy. Saylor told Bartlett that people would keep pursuing scarce goods linked to status because “we’re status-oriented animals.” His argument suggests that abundance in ordinary goods would not remove competition for limited assets. Strategy currently holds 840,447 BTC, giving it the largest disclosed corporate Bitcoin position. The company has also sold Bitcoin in recent months. Strategy offloaded 1,690 BTC for about $108.6 million in early August to repurchase STRC preferred shares. Chief Executive Phong Le has said the company expects to resume Bitcoin purchases before year-end. The essay therefore places Bitcoin within Saylor’s broader monetary framework, centered on scarcity, portability, durability, and resistance to value erosion. The post Bitcoin Economic Energy Thesis Frames Saylor’s View of Money first appeared on Coinfea.
DeFiLlama Founder Says Fake App Hack Forced Apple to Act
DeFiLlama founder 0xngmi said he deliberately allowed a fraudulent App Store application to drain cryptocurrency from a funded wallet. The move created evidence that the impersonating application was stealing funds from users. Apple removed the fake application days after receiving that evidence, according to 0xngmi. The removal followed months of complaints submitted through Apple’s abuse and trademark reporting channels. The pseudonymous founder shared details of the incident on X on August 15, 2026. He said reports identified trademark violations and impersonation, but the listing remained available. DeFiLlama Founder Demonstrates Fake App Theft 0xngmi said he downloaded the fraudulent DeFiLlama application and placed a small amount of cryptocurrency inside a wallet. He then allowed the application to access the wallet and drain those funds. After documenting the theft, he submitted the result to Apple as evidence of fraud. The application was removed from the App Store within days of that report. “I know it’s insane you have to do this to save users from obviously fake apps,” 0xngmi wrote. He said he shared the experience so other cryptocurrency teams “don’t waste time like us.” According to 0xngmi, the fraudulent application was a basic DeFiLlama copy designed to request users’ seed phrases. Those recovery words provide control over cryptocurrency wallets and their assets. Fake Crypto Apps Used Defunct Companies for Verification 0xngmi said the operators also created impersonating applications targeting other cryptocurrency brands. He claimed they passed Apple’s identity checks by registering their applications through defunct companies. For the DeFiLlama impersonation, the operators allegedly completed verification using a shoe-shine company. The business had been incorporated around 40 years earlier and was no longer operating. DeFiLlama delayed the launch of its legitimate application for months while fake versions remained available. The team wanted every copy removed before releasing its app to reduce accidental downloads. DeFiLlama also operates LlamaSearch, a directory of vetted cryptocurrency domains. The service addresses risks when manipulated search results or app listings direct users toward fraudulent websites. Similar Crypto Impersonation Scams Hit Other Platforms The incident follows other cryptocurrency impersonation schemes involving advertising and application platforms. On August 14, a Hyperliquid trader lost about $550,000 in USDC after following a Google advertisement. The advertisement directed the trader to a cloned Hyperliquid exchange. In May 2026, fake Google advertisements targeting Uniswap users resulted in losses exceeding $400,000. Around 146 ETH from those Uniswap incidents reached two attacker addresses. Cryptopolitan also reported a fraudulent Hyperliquid application appearing on the Google Play Store in November 2025. The DeFiLlama case highlights the unusual method 0xngmi used after months of unsuccessful complaints. By documenting an actual wallet drain, he provided evidence that prompted Apple’s removal. The post DeFiLlama Founder Says Fake App Hack Forced Apple to Act first appeared on Coinfea.
Ethereum Issuance Debate Frames Network As a Minimal Nation-State
Ethereum issuance has been compared with the finances of a minimal nation-state by Grayscale research head Zach Pandl. In an X post labeled a “Quasi brainstorm on $ETH issuance,” Pandl described Ethereum as a system funding security through newly created ETH instead of taxation. Pandl said Ethereum “is akin to a minimal nation-state” with one primary responsibility: protecting property rights and enabling value exchange. He added that “Ethereum does not raise taxes to fund government services,” drawing attention to how network security is financed. Ethereum Issuance Links Security With Money Creation Under Pandl’s framework, Ethereum covers its core security costs through money creation. Economists describe the revenue earned by a currency issuer from creating money as seigniorage. Stakers provide the service of protecting Ethereum’s property rights and receive newly issued ETH as compensation. This structure effectively connects fiscal and monetary policy because securing the network also expands the supply of ETH. The arrangement differs from Bitcoin’s fixed supply model. Bitcoin has a capped maximum supply, while ETH issuance can change depending on network conditions and the amount of ETH being staked. That variable issuance makes Ether’s scarcity less straightforward for people evaluating the asset as a store of value. Pandl’s comparison therefore focuses attention on issuance as both a security mechanism and a source of network funding. Ethereum Funding Debate Focuses on Validator Rewards The thought experiment arrives during an ongoing debate about how Ethereum should finance core development. Validators collectively receive roughly 700,000 ETH annually in staking rewards, while the ecosystem reportedly faces limited cash for paying core developers. Former Ethereum Foundation coordinator Trent Van Epps said in June that maintaining the network’s client teams costs about $30 million each year. He warned about risks from lacking a clear funding source while the Ethereum Foundation reduces spending. One proposed approach would redirect part of the rewards currently paid to validators toward development costs. Supporters see validator rewards as a potential source for addressing the funding shortfall. Critics argue that creating another distribution mechanism would be unnecessary if validators are prepared to accept lower yields. Under that approach, Ethereum could simply reduce issuance rather than redirecting newly created ETH through another layer. Ethereum Issuance Becomes Central to Treasury Questions Pandl’s nation-state analogy does not propose a direct solution to Ethereum’s developer funding problem. Instead, it frames ETH issuance as the network’s effective treasury and links security spending directly with monetary expansion. The comparison underscores why debates over validator compensation, developer funding, and ETH supply are closely connected. Within Pandl’s framework, arguments about funding ultimately become arguments over how large Ethereum’s issuance-based treasury should be over the longer term. The post Ethereum Issuance Debate Frames Network as a Minimal Nation-State first appeared on Coinfea.
Robinhood Chain Gains Edge From No-Token Strategy As Stock Tokenization Expands
Robinhood Chain is gaining attention as Robinhood Crypto SVP Johann Kerbrat emphasizes infrastructure over launching a native network token. Kerbrat said the company’s tokenization effort is “just the beginning,” while development remains centered on technical foundations and stock tokens. The network offers 24-hour on-chain versions of equities including Nvidia and Apple. These products provide economic exposure without granting holders a legal claim to the underlying shares. They are available across more than 120 countries but remain unavailable to U.S. persons. Robinhood Chain Builds Without a Native Token Robinhood Chain launched without a native token, separating its approach from many competing blockchain networks. The permissionless, EVM-compatible layer-2 uses Arbitrum technology, settles transactions on Ethereum, and requires Ether for gas fees. Stock Tokens remain the network’s main strategic product, although trading activity currently tells a different story. OAK Research found that memecoins account for more than 99% of Robinhood Chain’s trading volume. CASHCAT, a cat-themed token referencing Robinhood’s former mascot, rose more than 5,500% within one week. Its market capitalization approached roughly $200 million during that surge. A July CoinDesk review found memecoin and stablecoin activity significantly exceeded tokenized real-world asset activity. Those real-world assets totaled $12.81 million, including approximately $10.68 million represented by stocks. Robinhood CEO Vlad Tenev had told CNBC six days earlier that assets without utility “do not serve a lasting purpose.” He later posted that Robinhood Chain “works great for memes too” and followed CASHCAT’s account. Network Activity Rises During Gas Subsidy DefiLlama lists Robinhood Chain with about $536 million in total value locked. Its stablecoin market capitalization stands near $634 million, while 24-hour decentralized exchange volume is around $440 million. Robinhood Chain’s TVL has climbed steadily since launch. Source: DefiLlama Ethena’s USDe increased from roughly $17 million one month earlier to about $253 million. That amount represents nearly 43% of the network’s stablecoin supply. Growthepie data showed Robinhood Chain processing more than seven million daily transactions on July 13. That activity allowed the network to move ahead of Coinbase’s Base by that measure. Robinhood is currently covering gas costs for eligible wallet users completing swaps, bridges, and perpetual trades. The 90-day subsidy is scheduled to end in late September. Crypto Revenue Falls as Prediction Markets Grow Robinhood reported $100 million in second-quarter crypto transaction revenue, representing a 38% year-over-year decline. Prediction markets generated $156 million and surpassed crypto revenue for the first time. Despite weaker crypto transaction revenue, Robinhood’s total net revenue increased 32% to $1.31 billion. The company continues expanding tokenized stock access while its blockchain records heavier activity from memecoins and stablecoins. The contrast highlights how network usage differs from the equity-focused purpose behind Robinhood Chain’s initial design. The post Robinhood Chain Gains Edge From No-Token Strategy as Stock Tokenization Expands first appeared on Coinfea.
Lido DAO Activates NEST Buyback Program to Revive Token Performance
Lido DAO has released a detailed overview of NEST, the automated program it is building to buy back its own LDO governance token. The program is a direct response to LDO’s token, which has lost more than 95% of its value since 2021. The Network Economic Support Tokenomics (NEST) program is Lido DAO’s long-term solution to the growing distance between what the protocol earns and what its token is worth, which it has been warning about for months. Cryptopolitan reported that NEST is meant to run as an automated mechanism. It’s completely separate from the one-off proposal the DAO put forward in March to spend treasury funds directly on LDO. An annual revenue benchmark of $40 million (about $109,000 per day) has already been set by the company. If the protocol earns more than this baseline in a day, 50% of that extra income is sent to the NEST program to buy LDO. Lido DAO targets $50,000 LDO per day cap The platform mentioned that the program can only buy $50,000 worth of LDO per day, with a total annual cap of $10 million. Cryptopolitan reported that the previous system proposed by Lido’s Growth Committee would use up to 10,000 stETH from the DAO treasury, worth roughly $20 million at ether prices near $2,000, to accumulate LDO. The LDO-to-ETH price ratio was about 0.00016, representing a 70% decline from where it traded for most of the previous two years. During that same period, the protocol’s net rewards had only dropped about 20%. The DAO also said its costs went down by 13% compared to the year before, and its fee rate increased to 6.11% from 5%. Lido holds the largest share of staked ether at around 23%. DefiLlama data also lists Lido’s total value locked near $17.8 billion against a market capitalization of roughly $252 million. Its annualized fees are around $693 million, and the annualized revenue is near $38 million. There is barely enough on-chain liquidity to execute the plan. Only about $90,000 worth of LDO is available to buy within 2% of the current price. This means a single batch purchase of 1,000 stETH (worth roughly $2 million) would use up all available liquidity several times over, causing the price to spike sharply. To get around that, the proposal authorized buying LDO through centralized venues including Binance, OKX, Bybit, Gate, and Bitget, each offering more than $100,000 in depth, alongside on-chain routes such as CoW Swap, 1inch, and Uniswap. The purchases are made in 1,000 stETH batches, each requiring its own governance step (an “Easy Track” motion) with a three-day objection window and a slippage cap of 3% below the reference price. The market reacted positively to the buyback scheme, with reports indicating that LDO rallied by roughly 30% in a month where it resisted a broader downturn in the DeFi market. The post Lido DAO activates NEST buyback program to revive token performance first appeared on Coinfea.
Nvidia Discloses $21B in SpaceX Shares in New Filing
Nvidia has announced a very large investment in SpaceX. According to the latest filing, the chipmaker now owns 122.8 million Class A shares in Elon Musk’s company. Based on the current value of those shares, the position is worth around $21 billion, per new filing with the US Securities and Exchange Commission. Nvidia has only one disclosed bigger investment, and that is its holding in Intel. There was not much drama in after-hours trading on Friday after the disclosure came out. SpaceX stock gained 0.35%, while Nvidia shares fell 0.12%. Their broader performances have been very different, though. Nvidia is up almost 20% so far in 2026, while SpaceX has lost close to 7% since it entered the public market in June. Retail traders are also looking at the two names differently. Stocktwits showed neutral sentiment around NVDA, with posting volume staying normal. For SPCX, sentiment was extremely bullish, while the amount of discussion also remained at normal levels. Nvidia makes SpaceX investment amid deal between duo Nvidia’s investment in SpaceX is happening alongside a much deeper business relationship between the two companies. During SpaceX’s first earnings call since becoming a public company, Elon Musk said SpaceX had chosen Nvidia as the only chip supplier it plans to use for the computing hardware inside its data centers. “We’ve decided to build exclusively on Nvidia because we think [its] Vera Rubin architecture is the best architecture,” Elon said. He also said the company feels it is the best AI computer and it greatly values the close co-operation and partnership on many levels with Nvidia. Elon has informed investors that SpaceX is expecting to have a “significant allocation” of Nvidia’s Vera Rubin GPUs next year. This means that SpaceX is planning to utilize the next iteration of Nvidia’s AI chip as SpaceX increases computing power available through its data center network. Nvidia has also been planning a significant financing move aside from the deal with SpaceX. The chipmaker revealed that it had planned out a $500 billion financing package with some of the largest banks on Wall Street, among which was Goldman Sachs (NYSE: GS). CNBC host Jim Cramer commented that it was “a monumentally positive change.” Intel is ahead of SpaceX in terms of Nvidia investments that are publicly known. Jim is still quite confident about the management team at Intel and the path that the firm is following. He thinks that the funds raised by Intel can be used for expanding its third-party manufacturing business where the company manufactures chips for other customers apart from Intel. Elon Musk keeps tight control over SpaceX as stake reaches $907 billion Jim also said he has a lot of confidence in Intel CEO Lip-Bu Tan, saying Lip-Bu “knows how to build things.” He argued that Intel would likely not go ahead with the share sale “unless they have something in hand,” and said one possibility could be a new customer for Intel’s manufacturing operation. “I still think this is my favorite stock in the portfolio,” Jim added. A separate regulatory filing released Thursday also provided a much clearer breakdown of Elon’s ownership in SpaceX. As of June 30, Elon owned an economic stake of 48.4% in the company and had sole voting and investment control over 6.42 billion shares, with the value of that overall position at around $906.9 billion. Elon later responded to the ownership figure on X, saying the number can give the impression that more of the stake is fully his than is actually the case. He explained that part of the shares included in the total still depend on SpaceX hitting extremely difficult performance requirements before they completely vest. “A bunch of it only vests on extremely crazy good outcomes for SpaceX, so actual full vested percentage is lower,” Elon said. The filing breaks the holdings down into several different parts. Trusts where Elon acts as trustee control about 849.5 million Class A shares. Those trusts also hold roughly 3.92 billion Class B shares. Elon directly owns another 1.30 billion restricted Class B shares, while options cover an additional 350 million Class B shares. So while Elon owns less than half of SpaceX from an economic standpoint, his voting control is much higher than his ownership percentage. He controls more than 82% of the company’s voting power, giving him a much larger say over shareholder decisions than the 48.4% economic stake alone would suggest. The post Nvidia discloses $21B in SpaceX shares in new filing first appeared on Coinfea.
Apple Opens Houston Plant Amid Plans to Build First US-made Mac Mini
Apple opened a training center in its new Houston factory on Wednesday. According to reports, the site will begin assembling Mac mini computers by the end of 2026. The factory has been shipping AI servers for months, with Apple making its production methods available free of charge to small manufacturers. It took Apple less than nine months to go from picking the Houston site to running a working plant. “In less than nine months, we have invested hundreds of millions of dollars into this Houston facility. “We stood up a factory, started production, and shipped the first advanced AI servers off the line,” said Apple’s chief executive, Tim Cook. During Apple’s August 13 announcement, he said the production of the Mac mini will begin “later this year.” Apple set to build first US-made Mac mini at the new site The new site is called the Advanced Manufacturing Center. It occupies 20,000 square feet of the Houston plant. It provides free sessions to small and medium-sized businesses on the techniques Apple uses in its own lines, from machine-learning quality checks to sophisticated automation. Apple designed the curriculum to emphasize hands-on work. On opening day, the first group of business leaders assembled and laser-etched a product themselves, working with a holographic table and factory-floor equipment. Sessions will cover printed circuit board design and final-assembly principles. Apple says it will open the center to local college students in the future. It is the company’s second such facility, following the Apple Manufacturing Academy that debuted in Detroit in August 2025 and has since trained close to 1,000 workers and entrepreneurs. As Cryptopolitan reported at the time, Apple announced last September that it would spend $600 billion on US manufacturing over four years, which includes about 79 factories. That pledge also included a $2.5 billion expansion of Apple’s glass partnership with Corning in Kentucky and chip work with Taiwan Semiconductor, Texas Instruments, and Applied Materials. Commerce Secretary Howard Lutnick, Houston Mayor John Whitmire, Senator Ted Cruz, and other officials attended the Houston opening. “This opening is an important step in Apple delivering on its promise to bring its manufacturing back to America,” Lutnick said. The company previously said firms that manufacture within the US are exempt from a 100% tariff on imported semiconductors. Apple has promised to start Mac mini production in Houston in 2026 but has not disclosed a shipping date, unit target, or price for a US-assembled model. The post Apple opens Houston plant amid plans to build first US-made Mac mini first appeared on Coinfea.
Tesla Stock Jumps Amid Reports of ‘flying Roadster Reveal
Tesla stock jumped by 3% on Friday morning, a reaction to a report that the auto manufacturer plans to unveil its long-awaited Roadster, with flying capabilities, in August. Tesla shares have been on a downward trend throughout 2026, so this news lands as a welcome development for investors. It is left to Tesla to keep its promise and deliver the Roadster. As of this Cryptopolitan report, Tesla (NASDAQ: TSLA) traded at $350.34. It increased by 3% from Thursday’s close of $339.96. Now its shares are trading between $342.01 and $351.10; however, it is still way below its high of $498.83 and is closer to its low of $297.38 in 2026 for the year. Tesla currently has a market capitalization of $1.10 trillion. Roadster rumor fuel Tesla stock surge All of this began with a report by Grace Kay from The Information. In the report, she claims that Tesla is about to launch a redesigned next-gen Roadster. One of the big takeaways from the report was that the new reveal could be unveiled before August ends, and the redesign would include flying capabilities, which will be tested at Tesla’s site in McGregor, Texas. Musk has previously teased the release of a flying car. Days before the report broke, Musk tweeted, “flying cars are coming.” Also, Tesla, for a couple of years, has teased a SpaceX cold gas thruster package that will let the car hover or briefly leave the ground. An old video clip of Musk teasing the Roadster went viral on X. The upcoming launch was tagged “unforgettable” by the poster. Musk simply replied, “Yes.” Skeptics would be well within their rights not to be excited. And this is not without reason. The Roadster is still in the design development phase, and Tesla has floated a lot of release dates in the past years, without meeting any. In July 2025, Lars Moravy, VP of vehicle engineering at Tesla, stated the Roadster was “definitely in development,” but no car has come out to date. Tesla’s dwindling stock price cannot be ignored either. It has dropped by 26% as competition with BYD and Xiaomi stiffens. The post Tesla stock jumps amid reports of ‘flying roadster reveal first appeared on Coinfea.
A South Korean court has sentenced Delio’s chief executive Jeong Sang-ho to 15 years in prison for virtual-asset deposit fraud. The sentencing comes roughly three years and two months after Delio abruptly froze customer withdrawals in June 2023. The 11th Criminal Division of the Seoul Southern District Court, with Presiding Judge Jang Chan on the bench, has sentenced Delio’s chief executive, Jeong Sang-ho, to 15 years in prison, even though prosecutors originally sought 20 years. Delio accepted Bitcoin and Ethereum deposits and paid interest, advertising guaranteed annual returns of around 10% and branding itself as a “crypto bank.” The court found that the marketing was dishonest about the product’s safety. South Korean court slams Jeong with a 15-year term Delio assured its depositors that it earned money through arbitrage and coin-collateralized lending while hiding early business deficits and operating losses. The South Korean court also found Jeong submitted falsified loan records worth 2 billion won to siphon roughly 1 billion won from an investment fund, and that he inflated the firm’s coin holdings by 47.6 billion won in an audit report used to complete its virtual-asset business registration. Jeong was convicted under the Act on Aggravated Punishment of Specific Economic Crimes, among other charges. He was accused of defrauding around 2,800 South Korean customers of roughly 250 billion won ($175 million) when he was indicted by prosecutors without detention in April 2024. However, the court only convicted him of taking about 70 billion won from 1,078 victims. That gap is due to an evidence dispute between Jeong’s side and the prosecutors. Jeong’s lawyers argued at last month’s final hearing that the prosecution’s search and seizure had been unlawful, and the court agreed the investigators’ search was flawed, noting that investigators handed Delio no seizure list even though the company owned the server database in question. It ruled the seized electronic data and any evidence derived from it inadmissible. Despite the reduced amount, Jeong’s crime was described as severe. Many South Korean residents had reportedly petitioned for a heavy sentence and faulted him for consistently trying to push blame onto other companies. Cryptopolitan recently reported that South Korean lawmakers cleared a rule change that gets rid of the 1 million won reporting threshold for crypto transfers and adds financial-health tests for exchange operators. Registration provisions take effect August 20, while the expanded Travel Rule follows in February 2027. From August 20, controlling shareholders of virtual-asset service providers (VASP) will face a new vetting system based on legal history, finances and social standing. Operators will be required to keep enough anti-money-laundering staff and give 30 days’ notice before ownership changes. New entrants must hold a debt-to-equity ratio at or below 200%. The Financial Supervisory Service (FSS) also said it plans an on-site visit to Bithumb after altcoin withdrawals at the exchange were delayed for more than 13 hours. The post South Korean court sentences Delio CEO to prison first appeared on Coinfea.
Monaco Submits Proposal to Align With EU’s MiCA Regime
Monaco is making an attempt to scrap the Principality’s 2022 crypto law and rebuild its rules for crypto-asset service providers around the European Union’s Markets in Crypto-Assets Regulation (MiCA). The government filed Bill No. 1131 in early August, and if approved, it would change the licensing requirements for firms that offer crypto services, while the regulators will receive wider powers. Monaco has filed Bill No. 1131, which would repeal the 2022 law that split crypto and digital-asset work into issuance and operational services cleared by the State Minister, and crypto-linked investment services authorized by the Commission de Contrôle des Activités Financières (CCAF). Under the 2022 law, providers were forced to register a company inside Monaco, and foreign firms were banned from cold-marketing to residents. Monaco wants to join EU’s MiCA regime The proposed change would require any firm wanting to offer crypto-asset services to gain clearance from the CCAF, but before that, the firm would have been reviewed by the Autorité Monégasque de Sécurité Financière and the Agence Monégasque de Sécurité Numérique. The bill lists exactly which crypto services are allowed in Monaco and sets clear rules for how companies must run their operations, manage risks, and behave professionally. It also gives the CCAF more power to oversee and penalize firms, which the government says will help stop money laundering and other financial crimes. Blockchain intelligence firm TRM Labs found that firms that have not been authorized by MiCA are far more likely to carry a high or severe risk rating. Monaco has sat on the Financial Action Task Force (FATF) grey list since the summer of 2024, and was added to the European Commission’s list of high-risk money-laundering jurisdictions more than a year ago. The country’s alignment with MiCA is in the hope that it gets taken off these lists, as designations like this can result in slow international transactions, raised compliance costs and even increased borrowing costs for local businesses. However, only 281 of 1,343 crypto service providers operating across the European Economic Area have secured MiCA authorization. The post Monaco submits proposal to align with EU’s MiCA regime first appeared on Coinfea.
Ether.fi Launches Its Next-generation Neobank Services
In This Post Ether.fi announced its Summer release, with new fintech and trading products. The platform pivots from Web3 into a user-oriented fintech app with expanded on-chain features. Ether.fi will integrate xStocks and allow borrowing against tokenized assets. Ether.fi, one of the leading crypto neobanks, has announced its Summer release, the next generation of its fintech products. According to the platform, the expansion will provide users with tools to save, earn, borrow, trade, and spend seamlessly, replacing traditional banking services. With the upcoming Summer release, users will enjoy the capabilities of decentralized systems, going beyond the possibilities of traditional finance and not just replicating its services. As part of its new release, ether.fi expects to tap the latest trends in on-chain trading, including tokenized stocks, metals and the most active digital assets. Ether.fi will also integrate Aave market, allowing its users to lend their assets and borrow against their portfolio as collateral. ‘With ether.fi, we’re bridging the gap between decentralized finance and everyday financial needs,’ said Mike Silagadze, CEO of Ether.fi. “Our goal is to replace the traditional bank for most users and give them tools and benefits that were previously available only to institutions and high-net-worth individuals. That is the power of DeFi and self-custody,’ he said.’ Ether.fi has also promised new fiat rails, allowing users to not only send assets globally, but also use their named accounts when doing so. The app will also integrate over 30 new fiat currencies and include additional payment methods like CashApp, Apple Pay, and others. Ether.fi to boost adoption with Summer release According to the company, it is aiming to reach a broader audience with its neobank expansion. The neobank features are simple, allowing users with little knowledge about crypto access the platform. Ether.fi has also announced that its application will make provisions that go beyond the gambling and high-risk use cases, offering users a more balanced exposure to assets with on-chain security. This new release also arrives at a time when other on-chain services are switching to fintech, while still using their existing platform to offer a globally accessible market for any type of asset. Ether.fi is one of the leading Web3 protocols in the industry, provides services to card issuers, and partners with them to spread its consumer-facing fintech products. As of August 2026, the platform boasts about $3.5 billion in value locked and will continue to boost its collateral value by including tokenized metals, equities, and other assets. What will Ether.fi offer in its Summer update? Ether.fi is planning to set a new standard with its summer update, moving forward with its goal of being a crypto neobank. Users will enjoy the experience of a seamless fintech application, which will still provide them with the access to the existing crypto liquidity ecosystem. The app will integrate xStocks, one of the most liquid and widely adopted forms of tokenized equities in the crypto industry. The application will also have all the benefits of self-custody, lower fees, and a rewards program for DeFi users. The services will be integrated, which means a user can borrow against the value of their portfolio at a 4% rate and use the Cash Card to send funds, spend, or buy other assets. In addition to trading, borrowing, and lending, Ether.fi will allow its users to benefit from its programmatic ETHFI buybacks. ETHFI traded around $0.38 as of August 13, with a potential for a further increase in price due to the buybacks. A wider user base may also increase the platform’s fees. Ether.fi produces over $219M in annualized fees with over $50M in revenues. All new products revenue will contribute a share for ETHFI buybacks. Additional benefits also include a 3% cash back on purchases with Cash card, zero top up fees on the card, and zero forex swap fees at higher membership tiers. The Summer update functionalities will be available to all new and old users immediately. However, some features, including trading on tokenized assets, may not be available to users in the USA and other regions. The post Ether.fi launches its next-generation neobank services first appeared on Coinfea.
Metaplanet BitBonds Launch As Gerovich Denies Bitcoin Sale
Metaplanet BitBonds debuted on August 13 as the Japanese Bitcoin treasury company issued its first bonds under a new continuing program while CEO Simon Gerovich rejected claims that a large Bitcoin transfer represented a sale. The issuance followed a day of disclosures from Metaplanet, which also reported an interim loss for the first half of 2026 through June 30. The company maintained its common dividend at zero during the period. Metaplanet BitBonds Raise About 200 Million Yen Metaplanet Securities sold the first BitBonds through small private placements rather than a public offering. The transaction covered the company’s 21st through 24th series of unsecured ordinary bonds. The four bond series carry annual coupon rates ranging from 4.0% to 4.3% and are scheduled to mature in roughly three years. The offerings raised about 200 million yen, equivalent to approximately $1.25 million. The financing follows Metaplanet’s 20th series ordinary bond sale in April 2026, when the company raised $50 million with major backer EVO Fund leading the transaction. The first BitBonds tranche is available to a group including retail and corporate investors. Under the continuing program, Metaplanet can issue additional BitBonds on different terms. The company had previously outlined plans to direct part of Japan’s $7.1 trillion in idle household cash toward Bitcoin-linked products. Gerovich Says Bitcoin Transfer Was Routine Custody Move The bond announcement came one day after onchain trackers flagged 3,881 BTC worth about $247 million moving from wallets associated with Metaplanet. The transfers prompted claims that the company could be preparing to sell part of its Bitcoin reserve. Gerovich said the company transferred 5,014 BTC and denied that any sale took place. “This was a routine custody operation. No bitcoin was sold, and our holdings remain 43,000 BTC,” Gerovich wrote on X. He also said the transfer, valued at around $322 million, cost $8 in Bitcoin network fees. Metaplanet conducted a similar custody rearrangement in March involving about 4,986 BTC. That transaction also did not result in a sale. Metaplanet Holds 43,000 BTC Despite Paper Losses Metaplanet remains the world’s third-largest corporate Bitcoin holder, according to Bitcoin Treasuries. Its 43,000 BTC sits behind Strategy’s 840,447 BTC and 514 coins below Twenty One Capital’s 43,514 BTC. Bitcoin traded near $63,800 on August 13, below Metaplanet’s average acquisition price of about $96,191. That difference left the company with roughly $1.4 billion in unrealized losses, while the holdings remained unchanged because no Bitcoin was sold. Metaplanet shares traded near 223 yen on August 13, gaining about 0.9% for the day while remaining down more than 43% in 2026. The company’s clarification about the Bitcoin transfer produced no visible selloff in the stock. The post Metaplanet BitBonds Launch as Gerovich Denies Bitcoin Sale first appeared on Coinfea.
Binance BStocks Overtakes XStocks As Second-Largest Tokenized Stock Issuer
Binance bStocks has become the second-largest tokenized stock issuer by market value, reaching $610.6 million and capturing 22.1% of the sector. The product has moved ahead of Backed’s xStocks, which now holds $601.2 million after nearly a year in second place. Token Terminal data shows Ondo Finance remains the market leader with $951.8 million and a 34.4% share. The tokenized stock market is now valued at roughly $2.8 billion. Source: Token Terminal Binance bStocks Expands Rapidly Through Exchange Distribution Binance launched bStocks on June 11, and the product moved into second place within nine weeks. Its growth has outpaced a rival that had established distribution across several chains and platforms. The gap between bStocks and xStocks shows how quickly rankings have changed. Less than $10 million currently separates the two products by market capitalization. Distribution has played a role in bStocks’ expansion. The tokens trade inside the Binance application as standard USDT spot pairs, giving existing exchange users access. A customer with funds held on Binance can buy tokenized Nvidia shares through the same process used to purchase SOL. This removes the need for bridging assets or completing a separate onboarding process. Conversion Structure Supports Easier Access and Reversibility The conversion process adds another layer of accessibility. Investors holding the underlying share through Nest Trading can convert that position into a bStock at a one-to-one ratio without paying a fee. The same process also works in reverse. Holders can convert bStocks back into the underlying shares without locking assets in either direction. The broader tokenized stock market has also expanded sharply. Its value stood at $569.76 million at the start of the year and has since risen to about $2.8 billion, representing growth of roughly 391%. During the same period, xStocks grew by around 228%. Its market share declined because the total market expanded faster, while Binance captured a large portion of new issuance. Issuance Rankings Reflect Minted Value Rather Than Trading Ondo Finance follows a different operating model. It mints tokenized assets through external company interfaces, including Binance, rather than owning the venue where users access them. Kraken offers a closer structural comparison because it owns Backed while also operating an exchange. That arrangement combines issuance and distribution under one organization, although Kraken’s user base is smaller. Market capitalization by issuer measures how much tokenized stock has been minted, not how frequently those tokens trade. A token held in a wallet counts the same as one traded daily. Binance entered the market with an existing account base and placed tokenized stocks directly inside that distribution network. Current data therefore shows rapid issuance growth, while trading activity remains a separate measure. The post Binance bStocks Overtakes xStocks as Second-Largest Tokenized Stock Issuer first appeared on Coinfea.
Hyperliquid Lobbies Regulator to Launch Perpetual Futures in the US
Hyperliquid has ramped up its lobbying of U.S. regulators in search of a compliant way to bring perpetual futures to the country. The Information reporter, Yueqi Yang, who interviewed Hyperliquid Policy Center on the matter, revealed that the perp exchange “has stepped up outreach to U.S. regulators as it looks for a path to U.S. markets.” Hyperliquid is currently not open to US users due to regulatory constraints. Perps are not banned outright in the United States, but they do not fit neatly under the Commodity Exchange Act, which sets the clearing, margin, and execution rules for derivatives traded on registered venues. That gap has fueled enforcement actions against both centralized and DeFi platforms offering off-exchange derivatives. Hyperliquid, while operating offshore, has been funding outreach to effect a regulation change that allows for a clear path to introduce perps in U.S. markets. Hyperliquid pushes advocacy to launch perpetual futures in the US According to the report, the Hyperliquid Policy Center, funded by the Hyper Foundation, has been running policy research and advocacy in Washington, D.C., with the aim of a regulated access framework for on-chain perpetual contracts and decentralized market infrastructure inside the United States. Both the CFTC and SEC “will have a big role to play in shaping some of the fastest-growing parts of crypto, such as perpetual futures and vaults, which aren’t covered by the Clarity Act,” according to Yang. US regulators are already adjusting to accommodate perpetual-style products inside compliant structures. In May, the Commodity Futures Trading Commission (CFTC) approved the listing of a perpetual contract tied to the spot price of bitcoin, with plans to review perpetual contracts tied to other assets on a case-by-case basis. In June, the CFTC opened public comment on two proposed changes on 24/7 energy futures and perp contracts tied to oil, Cryptopolitan reported. In other news, the crypto market saw a decline in perps volume in July, according to CryptoRank. Total centralized-exchange futures volume slid to $4.0 trillion in July, its lowest since December 2023 and down sharply from peaks above $10 trillion in late 2025. A similar trend was observed across the DEX perp markets. Monthly volume dropped by roughly 21% in July to $531 billion. The decline ended the two-month recovery from April, according to CryptoRank. The post Hyperliquid lobbies regulator to launch perpetual futures in the US first appeared on Coinfea.
On Tuesday, OpenAI released a preview of a Linux desktop app for ChatGPT. It gives open-source developers access to ChatGPT, ChatGPT Work, and Codex. The company announced it in an August 11, 2026, post on X. The release completes OpenAI’s platform coverage, the company said. “Linux has been one of the most-requested platforms for the desktop app, and this launch extends ChatGPT and Codex across every major desktop operating system,” the company said. OpenAI recommended users run ChatGPT, ChatGPT Work, and Codex “where you already work and build,” alongside their projects and browser workflows on supported systems. OpenAI makes a list of supported systems OpenAI lists Ubuntu 24.04 and 26.04 LTS, Debian 13, and Fedora 43 and 44 as supported desktop versions. They’re the base for many downstream flavors, so OpenAI expects a wider set of derivative desktops to run the apps too. Codex was first shipped about a year ago. It was designed for writing features, answering questions about a codebase, fixing bugs, and proposing pull requests. OpenAI’s arrival came about a month after Anthropic, which already delivered a Claude desktop app for Linux. Anthropic supports Ubuntu 22.04 or later and Debian 12 or later, which is a slightly older baseline than OpenAI’s. In May, OpenAI introduced Codex on the ChatGPT mobile app. This launch came after Anthropic had already released the feature for Claude Code, as reported by Cryptopolitan. This desktop release brings the same rivalry to the operating system that runs most developer servers and workstations. The Linux app also helps OpenAI’s plan to bring its products together. In March, the company confirmed it was building a single desktop application that would merge ChatGPT, Codex, and its Atlas web browser. That strategy has found its paid engine in Codex. It now has over 5 million weekly active users, most of them paying, compared to a ChatGPT base of about 1 billion mostly free users. The post OpenAI previews ChatGPT for Linux desktops first appeared on Coinfea.
Metaplanet BTC Transfers Raise Questions Over Possible Bitcoin Sale
Metaplanet BTC transfers attracted attention after known wallets moved 4,176 BTC within hours. The activity followed months of holding about 43,000 BTC across identified wallets. One wallet now retains 36,000 BTC from Metaplanet’s tracked holdings. Metaplanet, traded as Nasdaq MTPLF, still controls the third-largest Bitcoin treasury among digital asset treasury companies. The company has not reported any Bitcoin sales. The transfers may represent an internal move, although treasury transactions remain watched during weak market conditions. MARA Digital Holdings sold 23,093 BTC during the first half of 2026 after abandoning its strict holding policy. The strategy also sold Bitcoin to increase cash reserves despite earlier promises never to sell. It shifted toward dynamic treasury management and sold some Bitcoin below its average purchase price. Hut8 moved 493 BTC without explaining whether the transfer was internal or sale preparation. Metaplanet BTC Holdings Face Market Pressure Bitcoin traded near $63,792.22 on August 12 as sentiment remained fearful and spot demand stayed weak. Metaplanet continued buying Bitcoin as recently as July, adding 2,833 BTC in its latest purchase. Fundraising has slowed alongside its treasury expansion. MTPLF shares are down more than 43% in 2026 and traded near all-time lows of 221 Japanese yen, or about $1.40. The stock has moved sideways or lower for several months. Metaplanet’s average Bitcoin purchase price is $96,191. A sale near current levels would produce a loss exceeding 34%. In 2026, the company had about $280 million in cash reserves and around $403 million in liabilities. Metaplanet has written off its losses while maintaining confidence in Bitcoin’s long-term performance. The latest movement is currently considered an internal storage shift rather than capitulation. Holding spot Bitcoin remains a treasury risk because of potential quantum attacks or wallet flaws. Metaplanet uses institutional-grade storage and multisignature wallets for security. Metaplanet Targets Japanese Household Savings Metaplanet has slowed debt-funded Bitcoin purchases but continues seeking liquidity to extend its treasury strategy. Chief Executive Simon Gerovich suggested Japanese households may need investments protecting savings against inflation. Gerovich wrote on X that Metaplanet aims to build financial services for retail investors, without explicitly mentioning Bitcoin. Metaplanet completed its latest debt raise in April 2026 through its twentieth series of ordinary bonds. It raised $50 million, mostly from EVO Fund, one of its major investors. Metaplanet Funding Activity Has Recently Slowed The company also raised $137 million overseas through common stock and warrants in early 2026. More recently, Metaplanet has not announced new funding rounds or additional liquidity sources. The company has not disclosed any Bitcoin sale following the wallet movements. Its remaining holdings and recent purchases continue to define its treasury position while investors monitor the transferred coins. The post Metaplanet BTC Transfers Raise Questions Over Possible Bitcoin Sale first appeared on Coinfea.
Kazakhstan to Drive Wealth to Local Exchanges With Crypto Tax Exemption
Kazakhstan President Kassym-Jomart Tokayev has signed a decree exempting individuals from income tax on digital-asset gains for three years. The decree is expected to move an estimated 1 million crypto wallets off foreign platforms and onto licensed domestic exchanges. President Kassym-Jomart Tokayev has signed a decree created by three bodies: the Ministry of Artificial Intelligence and Digital Development, the National Bank of Kazakhstan, and the Astana International Financial Centre (AIFC), which states that private investors will owe no personal income tax on gains from digital-asset transactions for three years. Assets linked to fraud, money laundering, or unlicensed crypto services are exempted from this decree. Kazakhstan to draft a simplified tax law by 2029 The Vice Minister of AI and Digital Development in Kazakhstan, Gizzat Baitursynov, said his department is already drafting a simplified tax regime that will be implemented after the three-year window, and is separately working to cancel tax audits covering investors’ previous three years. AIFC data show that Kazakh citizens hold roughly 1 million crypto wallets, nearly four times the 256,900 users registered on authorized local exchanges as of March. A previous Cryptopolitan report claimed that some 95% of the country’s crypto turnover was changing hands outside the regulated market, in peer-to-peer deals or on foreign platforms. In April, the Astana Financial Services Authority named HTX, Bitget, OKX, and MEXC as unlicensed operators, Cryptopolitan reported at the time. The decree also addresses the problem that broke the first mining boom in Kazakhstan: electricity. After China banned Bitcoin mining in 2021, the country became the second-largest mining hub after the United States. Kazakhstan ranked third globally by hash rate in 2022, but that surge overwhelmed the country’s aging grid, and three power plants in the northeast shut down in an emergency in October 2021, triggering blackouts. Miners at their peak drew an estimated 8% of national electricity output. To keep new mining off the public grid, the order allows oil and gas fields to divert associated petroleum gas that the state does not need into autonomous generators for mining. A parallel “70/30” model gives data centers and miners direct access to up to 70% of new capacity built through infrastructure upgrades. Nurkhat Kushimov, the general manager of Binance Kazakhstan, called the tax break the decree’s most important measure and said it makes licensed jurisdictions more attractive. Bakhytzhan Kenzhebayev, who chairs Kazakhstan’s Association of Fintech, AI and Crypto Industry, said the exemption removes a key uncertainty for investors. However, he warned that loose legal definitions could invite abuse and force a reversal within a year or two. Separately, the OECD’s Global Forum said Kazakhstan is implementing the Crypto-Asset Reporting Framework ahead of its first automatic exchanges of crypto tax data in 2027. The post Kazakhstan to drive wealth to local exchanges with crypto tax exemption first appeared on Coinfea.
BRICS members are exploring plans to connect their CBDCs and fast payment systems, a move that could cut the cost of moving money between the bloc’s economies, Reserve Bank of India Governor Sanjay Malhotra said on Tuesday. Malhotra spoke at an event in Mumbai, where he described cross-border transfers as one of the priorities the group keeps returning to. However, he cautioned that talks were at a very early stage. “Various options are on the table, but it is still at the discussion stage, including CBDCs (central bank digital currencies) and linkages of fast payment systems,” he said. The governor stated that the appeal was in terms of cost saving: “Cross-border payments are an area of interest for all of us, including the BRICS, because we feel there is a lot of scope for reducing cost.” CBDCs are digital forms of countries’ official currencies, issued directly by their central banks. BRICS nations discuss new CBDC linkage plans Creating a channel between these currencies could let payments travel more directly and with much more ease between nations. This will cut out layers of intermediaries that money usually passes through and lower what each transfer costs. The route of payment with linked CBDCs will work differently, but aim at a faster way for consumers and businesses to send money abroad through the domestic pathways they already use. These paths are also expected to widen the reach of the Indian rupee. RBI governor Malhotra said the central bank will keep working to internationalize the rupee and to promote local currencies for trade and payments across borders. India is hosting this year’s BRICS summit, an annual gathering that brings together five countries, which include Brazil, Russia, India, China and South Africa. The RBI had previously asked the Indian government to place a CBDC-linking proposal on the summit’s agenda earlier in 2026. The country’s goal to internationalize its currency is a major reason to continue to push to link CBDCs amongst the BRICS countries. The governor also spoke at the event about Indian banks and financial institutions and their use of AI. He asked them to catalogue every AI model already running within their institutions and to adopt AI governance policies approved by their boards. The post BRICS discusses linking CBDCs and payment systems first appeared on Coinfea.
AI Is Coming for Crypto Compliance, Just Not the Way Most People Think
By Pierre Gérard, CEO and co-founder, Scorechain When we founded Scorechain in Luxembourg in 2015, “blockchain analytics” was not yet a category. We spent the first few years explaining to banks and regulators why the transparency of a public ledger was an opportunity rather than a threat. A decade later, I am watching the same misunderstanding attach itself to artificial intelligence (AI), and it is costing the industry time it does not have. Two stories dominate the conversation. The first says AI will soon replace compliance teams altogether. The second says AI is too unpredictable to let anywhere near regulated financial activity. I do not believe either one, and I say that as someone whose company has risk-assessed more than 2,800 virtual asset service providers (VASPs) since 2015, and has spent the past two years adding AI where it genuinely helps, as a separate layer rather than something baked into the compliance tools our clients depend on. Start with the problem that every compliance officer I speak to raises within the first five minutes: noise. A sanctions screening system tuned the way a nervous bank tunes it can throw off false positives on the order of 95%. Transaction monitoring is not far behind. So a trained analyst, someone who understands typologies and can read a fund flow, spends the bulk of the working day clearing alerts that were never risks: dismissing name matches on a common surname, reading five adverse media hits that turn out to describe a different person entirely. Each of those adverse media checks takes an analyst 10 to 20 minutes. That is the actual texture of compliance work today, and it is why good people burn out of the profession. This is where automation earns its place, and it is a narrower place than the hype suggests. I am not neutral about it. Scorechain AI exists to hand an analyst a single report: a wallet’s risk score, the entity types it has interacted with, and the named services and counterparties it has been exposed to. That is work that used to mean hours of manual tracing across a ledger. But notice what the report does and does not do. It does not decide anything. It compresses the evidence so that the compliance officer, the person who has to sign off on that decision and defend it to a regulator later, can read it in minutes and then make the call. That is the whole game. Good automation does not shrink the compliance function; it moves it off the treadmill of triage and back toward judgment. The distinction matters, because the alternative is dangerous. In a regulated setting, a model cannot answer to a supervisor. The Sixth Anti-Money Laundering Directive (AMLD6) and the Markets in Crypto-Assets Regulation (MiCA) both require an institution to explain and stand behind its decisions. “The algorithm flagged it” is not a defence at an inspection, and “the algorithm cleared it” is worse. So the only responsible design is AI as a support layer sitting on top of trustworthy data, with a named compliance officer retaining the decision and the accountability that comes with it. Human oversight is not a training-wheel we remove once the model matures. It is the architecture. And a model is only ever as good as what sits beneath it. This is the part outsiders miss. On its own, an AI reading a blockchain sees only anonymous strings of characters moving value to other anonymous strings. It cannot tell that the wallet three hops upstream is a sanctioned exchange, or that the counterparty receiving the funds is a mixer rather than a payroll provider. Supplying that missing context is the whole job of blockchain analytics: attaching identity and risk to raw on-chain activity, tracing indirect exposure across multiple hops rather than just checking the address in front of you, and scoring it against the more than a billion data points and over a million crypto entities we have labelled since 2015. Take a concrete case: a wallet looks clean at first glance, but tracing its flows shows that most of its balance arrived, two hops back, from an address tied to a ransomware operator. That is the finding a model would never reach on raw chain data alone, and the one a compliance officer has to act on. Feed a model that context and it can reason on solid ground. Feed it thin data and it produces confident nonsense, which in compliance is more dangerous than an honest gap, because it clears things it should not. Here is what I find genuinely new. AI is no longer only a tool that compliance teams use; it is becoming a participant in the market they monitor. Autonomous agents that initiate payments under preset limits have moved from demo to deployment, pushed along by real infrastructure: Coinbase’s x402 standard for machine-to-machine payments, Visa’s Trusted Agent Protocol, the PayPal and OpenAI checkout integration. Software is starting to transact with other software, settling in crypto assets, at a volume no treasury team could match by hand. It raises a question the industry has not answered cleanly yet: how do you apply Know Your Transaction principles to a counterparty that is a piece of software? The direction, at least, is clear. When agents transact on their own, controls cannot live only at onboarding. They move to the transaction layer itself: real-time monitoring, velocity limits, provenance, and the ability to intervene while money is still in flight. The transparency we spent years defending to sceptics turns out to be the one thing that makes autonomous on-chain activity auditable at all. This is the future we decided to build for rather than wait on. We recently launched Scorechain MCP, which exposes our risk scoring and entity intelligence through the Model Context Protocol, the emerging standard that lets AI agents call external tools directly. The intelligence lives in our platform, and the AI stays outside it, calling in for answers rather than being embedded in the compliance tool itself. The premise is simple: an agent should never transact blind. Before it moves funds or approves a counterparty, it can ask Scorechain in the same breath whether that address is a sanctioned entity, a mixer, a known scam, or a clean private wallet, and receive a risk score in return. This is not a hypothetical throughput. We already run more than 1.5 million AML checks a day, and a screening call returns in roughly 235 milliseconds, quick enough to sit inside a live transaction rather than slow it down. We put it where those agents and workflows actually live, as an app inside ChatGPT and Claude, and as an integration on automation platforms such as n8n and Zapier. A compliance check that sits inside the flow, at the moment the decision is made, is worth far more than one bolted on after the money has already moved. The most basic check of all, whether an address appears on a sanctions list, should not sit behind a paywall for anyone. That is why we offer it as a free sanctions screening API that any developer, agent, or workflow can call. Screening for sanctions exposure is not where a compliance provider should be extracting value; it is the floor the whole market should be standing on. There is a second-order shift here that token issuers and asset managers are only starting to reckon with. When value moves into stablecoins and tokenised assets at machine speed, the risk that matters is no longer only the individual transaction but the asset itself: who holds it, how concentrated that ownership is, and how much of the supply sits with sanctioned or otherwise high-risk entities. That is a different question from transaction monitoring, and it is the one our Digital Asset Intelligence is built to answer, giving an issuer or an asset manager an asset-level view of holders and exposure before they mint, list, or allocate. Europe is readier for this than it is given credit for. MiCA and AMLD6 already assume continuous monitoring and clear accountability rather than a one-time check at the door, and a regime that assumes activity must be explainable is exactly what you want when software starts moving money. So yes, AI is coming for crypto compliance. It will remove a great deal of tedious work, and I welcome that. What it will not remove is the need for judgment, accountability, and verifiable data. It raises the bar on all three. The teams that treat AI as a faster analyst, grounded in reliable on-chain intelligence and kept firmly under human control, are the ones who will still be standing when the machines start transacting. That is closer than most people think. The post AI is coming for crypto compliance, just not the way most people think first appeared on Coinfea.
The Chief Technology Officer of Cardano Foundation, Giorgio Zinetti, is stepping down after a little over two years at the company. Zinetti announced the development on X on Monday, noting that he would be leaving the organization on August 31 and that he planned a new adventure later in September. Zinetti joined the Cardano Foundation in 2024, where he served as the technical leader for expanding the Foundation’s projects and products, with a focus on scaling enterprise adoption. The Foundation confirmed Zinetti’s departure in a separate post on X. No replacement has been named, and the company has yet to clarify how the CTO’s duties will be covered once Zinetti leaves at the end of the month. It, however, mentioned that the board and executive team will continue working closely with senior technical and business development staff to hold the line on enterprise adoption. Cardano Foundation reiterates focus on its goals Cardano Foundation also mentioned on X that “In line with our current roadmap, the Foundation Board and Executive team continues to work closely with our technical and senior business development leaders to maintain a direct focus on enterprise adoption.” The Swiss-based Cardano Foundation is a not-for-profit organization tasked with advancing Cardano. It is worth noting that Cardano is also supported by two other separate entities, Input Output Global (IOG) and Emurg. All three companies work together to manage and advance the Cardano blockchain. IOG is Cardano’s engineering and development front, led by Charles Hoskinson, while Emurgo serves as the commercial arm. In July, however, Emurgo announced it would step down from its duties as a member of Cardano’s governance group. The decision was made after its wallet, SecondFi, was exploited, resulting in the loss of $2.4 million in ADA, as Cryptopolitan reported. Cardano is currently the 29th-largest chain by total locked-asset value (TVL). It accounts for $69.62 million in DeFi TVL, across 69 protocols, according to on-chain data from DeFiLlama. At the time of writing, the native token ADA was trading at $0.1961, with a $7.16 billion market cap. The post Cardano Foundation CTO to step down on August 31 first appeared on Coinfea.