Ethereum narrows the Hegotá upgrade proposal list to 66
Ethereum developers are currently working to narrow a list of 66 proposals in the scope-setting phase of the upcoming Hegotá upgrade, as a step aimed at deciding what can actually be included in the network’s next major update. This process comes as some privacy-related proposals are at the center of technical debates within the development community. So far, FOCIL is the only proposal among this group that has been officially scheduled for inclusion in the upgrade. The other proposals being researched include Frame Transactions, known as EIP-8141; Keyed Nonces or EIP-8250; and Recent Roots for Frame Transactions or EIP-8272.
Tokenized Stocks Exceed 1.31 Million Holders With a Monthly Surge in Transfers
RWA.xyz data showed that the tokenized securities market continued to expand over the past month, with the number of holders rising to 1.31 million—more than double compared with the previous period. At the same time, the monthly transfer volume jumped by about 180% to reach $23.13 billion, reflecting increased activity in trading this category of assets during the month, as reported in the data.
Ireland proposes stricter standards for the use of cryptocurrencies in illicit activities
The Irish government announced a comprehensive national strategy to combat money laundering, terrorist financing, and proliferation financing, a move reflecting the breadth of its focus on the risks associated with the use of digital assets for illicit purposes. The notice issued on Thursday said that Ireland has published its first national strategy to combat money laundering, terrorist financing, and proliferation financing, including proposed reforms related to cryptocurrency policies within a broader framework to enhance compliance and oversight.
Galaxy cuts odds of passing the CLARITY Act to 10% as the September window tightens
Galaxy Digital cut its estimate of the odds of passing the CLARITY Act in 2026 to 10%, indicating that the path ahead for the bill is still filled with political and regulatory hurdles before lawmakers return to Washington in September. According to the company’s assessment, the Senate will have only about two to three weeks to handle the bill when it resumes business on September 14. Galaxy believes this narrow time window makes passing the legislation extremely difficult unless the initial measure to move forward is voted on immediately upon members’ return.
Washington court orders Kalshi to halt a broad range of prediction markets
A court in Washington state issued an order requiring prediction market platform Kalshi to stop offering a wide range of event contracts within the state, after the court rejected the company’s argument that federal commodities law supersedes Washington’s gambling laws. Under a decision by King County Superior Court judge John McHale, Kalshi was banned from offering contracts related to sports, elections and politics, entertainment, culture, technology and science, in addition to contracts related to “signals.” In contrast, contracts related to commodities, climate, the economy, and finance were exempted.
JPMorgan Increases Its Positions in Bitcoin and Ether ETFs: Is It a Change in Risk or a Repositioning?
JPMorgan's latest regulatory disclosures showed a clear increase in its exposure to exchange-traded digital asset funds during the second quarter, with its position in BlackRock's Bitcoin ETF rising by about 25%, and a much larger jump in its position related to an Ether ETF. According to the 13F disclosure model filed with the U.S. Securities and Exchange Commission, which covers positions up to June 30, JPMorgan held about 10.4 million shares in the iShares Bitcoin Trust ETF (IBIT), compared with 8.3 million shares in the previous quarter, with a value of roughly $356 million.
A $116 Million Bitcoin Wallet Exploitation Reignites the Debate Over Self-Custody
Reused a wallet of devices worth $116 million in Bitcoin, reopening one of the oldest questions in the market: is it worth keeping your private keys yourself, given the associated risk? The incident brought self-custody under fresh scrutiny, especially among users who prefer direct control over their digital assets rather than relying on custodial entities.
Morgan Stanley increases its IBIT holdings by 23% in the second quarter
Morgan Stanley’s quarterly disclosures showed a notable increase in its positions related to digital assets, led by the BlackRock Bitcoin ETF known as IBIT, reflecting the continued interest of major institutions in regulated investment instruments linked to Bitcoin. According to the 13F disclosure filing submitted to the U.S. Securities and Exchange Commission, Morgan Stanley’s holdings in IBIT rose by 23% to reach about 16.5 million shares, compared with roughly 13.4 million shares in the previous quarter. The increase came after adding more than 3 million shares during the second quarter.
Leumi Bank partners with Galaxy to enable trading Bitcoin, Ether, and Solana through its investment app
Israeli Leumi Bank announced a partnership with Galaxy Digital that will enable its customers to trade Bitcoin, Ether, and Solana through its investment platform, with the service set to begin in early 2027. As the two companies explained, Leumi Bank customers and Pepper, its mobile banking arm, customers will be able to buy and hold the three digital currencies and sell them through a dedicated section inside the Leumi Trade app. This means users won’t need to leave the banking environment to carry out these operations; they will be executed within the bank’s investment app.
Binance suspends processing transactions related to HTX and 10 other platforms
Binance announced that it will stop processing transactions related to the HTX platform and 10 other platforms and digital asset service providers, effective August 23. The platform said in a statement issued on Friday that the decision was based on recent regulatory developments. The entities affected by the restrictions include: HTX, Rapira, Aifory Pro, ABceX, WhiteBird, NoOnecrypto INC., Tradex, Monease Ltd, BitPapa, Exnode, and EXMO.
Bitcoin Nears August Lows as Long Position Liquidation Pressure Builds on Binance
Long Bitcoin positions are facing increasing pressure as the price approaches new August lows, while derivatives data suggests that a wave of liquidation or forced exits may have already begun. This time, the focus is on Binance, where open interest fell in tandem with the price drop. Open interest represents the total number of active derivatives contracts, whether buy or sell positions, making it an important indicator of the amount of capital committed in the market and the degree of reliance on leverage.
Neutrl suspends NUSD redemption after an undisclosed reserve issue
Decentralized finance platform Neutrl halted minting and redemption of the synthetic currency NUSD after the protocol’s reserves were affected by circumstances whose details were not disclosed. As a result, authorized parties can no longer swap NUSD for the assets that back it until it becomes clear whether the reserves were harmed. The step does not only represent a routine operational pause; it directly affects the mechanism that gives stablecoins—or near-stablecoins—their stability. When redemptions are halted, the immediate ability to convert the token into its underlying assets declines, which may pressure liquidity and increase market sensitivity to any signals of ambiguity or lack of transparency.
Tether Completes Its First Full Financial Audit and Receives a Clean Opinion from KPMG
Tether announced that it has completed its first full independent financial audit of its annual financial statements, after KPMG US issued an unmodified opinion on the company’s accounts for 2025. The audit included the statement of financial position, statement of income, and statement of cash flows for the year ended December 31, 2025, including the assets that back the issued tokens and their corresponding liabilities. Tether said that the audited data showed that reserves exceeded liabilities by $6.814 billion.
Delio CEO Sentenced to 15 Years in Prison in Crypto Fraud Case in South Korea
A court in South Korea has sentenced Jeong Sang-ho, the CEO of the Delio platform, to 15 years in prison after convicting him of defrauding users of digital assets worth nearly $50 million. According to a local news report issued on Thursday, the 11th Criminal Division of the Seoul Southern District Court handed down the sentence after convicting him of charges related to embezzlement and the use of a forged trading license. The court said Jeong was not detained immediately despite evidence of his responsibility in a broader fraud case that it said involved users totaling about $175 million.
Trezor warns of potential phishing after data leak via shipping provider
Crypto wallet company Trezor announced that personal data belonging to around 14,000 users is at risk through shipping provider ShipMonk, in an incident that paves the way for phishing attempts based on real customer information. According to what the company explained in a post published on Wednesday, users who received Trezor products in the United States, the United Kingdom, Sweden, Colombia, Brazil, Italy, and Portugal during the period between May 10 and August 8 may be targeted by phishing attacks using their personal data.
Binance bStocks surpass xStocks to become the second-largest issuer of tokenized stocks
Binance bStocks managed to surpass xStocks to become the second-largest issuer of tokenized stocks by value, just less than two months after its launch. This shift reflects the speed of competition in the tokenized stocks market, where positions change over a relatively short period. According to Token Terminal data, the value of bStocks reached about $624 million on August 3, ahead of xStocks, which recorded nearly $579 million, but still behind Ondo Finance, which reached roughly $927 million. In the latest available reading, bStocks retained second place with a value of $610.6 million, compared with $601.2 million for xStocks.
SEC grants Franklin Templeton more room to invest in an encoded money market fund
Franklin Templeton received regulatory approval allowing its funds to invest cash in an associated encoded money market fund, as a step that reduces the level of regulatory risk surrounding this type of financial product built on blockchain. The U.S. Securities and Exchange Commission (SEC) issued a no-action letter on Wednesday, stating that it would not take enforcement action against Franklin Templeton if its fund managers invested cash in the Franklin OnChain U.S. Government Money Fund. This fund is an encoded asset that earns yield, and invests in U.S. government securities, with the aim of maintaining a stable share price of $1.
Copper strengthens its presence in the United States after dual regulatory approval
Copper, specialized in digital asset infrastructure, announced that it has established a regulatory presence in the United States after its local company, Copper Markets (US) Inc., was registered as a broker-dealer with the SEC and became a member of FINRA. The company said that its acceptance as a FINRA member opens the door to expanding its own custody and institutional trading infrastructure within the U.S. market, a move that reflects its transition to a more operationally regulated phase in one of the world’s most important financial markets.
Goldman Sachs acquires NEOS in a deal worth up to $2.25 billion
Goldman Sachs has approved the acquisition of NEOS Investments, a manager of exchange-traded funds, in a deal that could be worth up to $2.25 billion, in a move that adds to its expanding business in the ETF market for funds linked to Bitcoin and Ethereum. NEOS manages $30 billion in assets across 19 funds built on options-supported income strategies, including the Bitcoin High Income ETF (BTCI), the Boosted Bitcoin High Income ETF (XBCI), and the Ethereum High Income ETF (NEHI). These funds rely on options strategies aimed at generating monthly income, along with providing price exposure to Bitcoin (BTC) or Ether (ETH).
Bank of England tests linking stablecoins to the digital pound in cross-border payments
The Bank of England, through the Digital Pound Lab, is testing whether stablecoins and the potential digital British pound could operate within a single payments track for cross-border payments, as part of an experiment focused on trade financing. According to a statement from the participating companies, the trial includes NOBO Finance, Dun & Bradstreet, and Polygon Labs. In this scenario, the exporter receives an advance payment via a track based on a stablecoin, while the importer in the UK completes settlement using simulated digital pounds.