CryptoFrontNews (CFN) delivers the latest in cryptocurrency with real-time updates, expert analyses, and in-depth articles on digital currencies and blockchain.
SHIB demand zone remains the primary focus as traders monitor support before confirming either a recovery or extended downside pressure. Technical structure places immediate attention on key support, while resistance levels could determine whether momentum gradually shifts back upward. Ecosystem updates continue drawing attention, although price action remains driven by support, resistance, and broader cryptocurrency market sentiment. SHIB demand zone remains the primary market focus as traders monitor key support, technical momentum, and exchange activity while broader cryptocurrency sentiment continues influencing short-term price direction. SHIB Tests Critical Support Following Recent Pullback Finora AI shared a new 4-hour market outlook after SHIB's recent correction. The analysis identified a major demand zone beneath current trading levels. Traders continue monitoring that region before confirming the next directional move. Source: X The earlier rally produced an aggressive breakout from prolonged consolidation. Profit-taking later interrupted that advance near local highs. Price subsequently retraced toward previous accumulation levels. The analysis identifies 0.00000454 as the first technical support. That level represents the upper boundary of the highlighted demand zone. Buyers previously demonstrated meaningful interest around this area. Finora AI also outlined a possible liquidity sweep beneath support. Price could briefly enter 0.00000431–0.00000409 before recovering rapidly. Such moves frequently remove weaker positions before stronger buying emerges. Technical Structure Leaves Bulls and Bears at a Decision Point According to the outlook, confirmation remains more important than anticipation. Buyers require visible strength before recovery expectations improve. Weak price action could delay any bullish reversal. If demand strengthens, the first upside objective stands near 0.00000479. That level represents nearby resistance created after the correction. A successful recovery could improve short-term market structure. The second technical objective appears near 0.00000495. Reaching that region would challenge another established resistance cluster. Buyers would then attempt extending recovery momentum further. The bearish scenario remains equally defined within the analysis. Closing below 0.00000431 and losing 0.00000409 weakens the current structure. Sellers would then regain stronger short-term control. Ecosystem Progress Meets Cautious Market Conditions CMC TLDR also reported recent ecosystem developments surrounding Shiba Inu. Shibarium introduced its automatic token burn feature recently. SHIB also entered Japan's Financial Services Agency Green List. Those developments strengthen ongoing ecosystem activity beyond short-term trading. Even so, technical conditions continue directing immediate market attention. Price movements still depend heavily on buying and selling pressure. SHIB traded around $0.00000472 after the recent decline. The session reflected fading buying momentum following earlier stability. Immediate support continues attracting close attention from market participants. As of writing, resistance remains near 0.00000480, followed by 0.00000488–0.00000490. Reclaiming those levels would improve the immediate technical picture. Until then, traders continue watching the demand zone for confirmation before positioning. The post SHIB Demand Zone Faces Crucial Technical Test appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Carbon Launches TradFi-Native On-Chain Derivatives Venue With 950+ Markets in One Account
Road Town, British Virgin Islands, August 7th, 2026, Chainwire 250+ TradFi markets join Carbon's 530+ crypto perpetuals & 150 24/7 RWAs in one venue. Wall Street depth at listing, stable overnight rates, and on-chain settlement. Carbon, the on-chain prime broker for global markets, today opened public trading on 250+ Carbon TradFi markets spanning equities, indices, forex, and commodities. Each position is hedged 1:1 at regulated TradFi venues, making Carbon the largest TradFi-native on-chain derivatives venue. Alongside 530+ crypto perpetuals and 150 24/7 RWAs, total tradeable instruments now exceed 950 in one account. Carbon TradFi is Carbon's own on-chain instrument. A trader opens a position on-chain, in their own wallet, and Carbon's solver architecture hedges it 1:1 at a regulated broker off-chain. The trader never leaves self-custody, and the price and depth they receive are the underlying market's, not bootstrapped on-chain order books. That structure removes the cold-start problem that has constrained real-world assets on-chain. Every Carbon TradFi market opens at full institutional depth on its first day, because the depth is inherited rather than manufactured. There is no per-market incentive program to run and no waiting period while liquidity accumulates. Carbon now offers traders both in one account. Its 150 24/7 real-world markets trade around the clock, for traders who want access at any hour. Its 250+ Carbon TradFi markets track market hours with carry prices from the underlying, for traders who want institutional depth and predictable holding costs. Roughly 30 assets are live as both, letting a trader hold one against the other and capture the difference between the two financing rates without leaving the account. The global market Carbon connects to is substantial. TradFi clears over $1.5 trillion daily in CFDs across thousands of markets, liquidity that until now had no direct route on-chain. Carbon TradFi coverage at launch: 200 stocks across US, EU, and Asia markets 62 forex pairs 12 indices 8 commodities Carbon can list a trending name within the same week it begins moving in Seoul, Tokyo, or Hong Kong, a cadence order-book venues cannot match because they lack the off-chain rails to stand up a new market that quickly. A further 150 listings are scheduled. The launch also opens the Carbon Liquidity Provider (CLP) vault to public deposits. The CLP is a delta-neutral yield product: it funds the hedge behind trader flow rather than taking directional positions, earning from the difference between on-chain demand and off-chain liquidity. Modeled APY is illustrative and ranges from 20.3% at launch utilization to 57.1% at maturity, depending on flow and capital utilization. "Traders have had to choose between the assets they want and the execution they need. Carbon ends that trade-off. Every position is hedged into the deepest liquidity in the world and settles in the trader's own wallet, with 950+ markets in a single account. This is what global markets look like when they finally arrive on-chain properly." - Levy, Co-founder and CEO of Carbon “One of the biggest challenges for bringing traditional financial assets onchain has been delivering deep liquidity. Carbon is operating an architecture that connects onchain trading with established market infrastructure while preserving self-custody. We want Arbitrum to be home to teams building this next generation of financial infrastructure” - David Garcia, Ecosystem Lead at Arbitrum Foundation About Carbon Carbon is the on-chain prime broker for global markets, combining crypto perpetuals and Carbon TradFi in one venue. Carbon's solver architecture connects on-chain traders to institutional liquidity through bilateral 1:1 hedging, delivering Wall Street-grade depth and stable carry with on-chain settlement and self-custody. Live since 2023, Carbon has processed $20B+ in cumulative trading volume across 36K+ unique traders. Carbon operates on Arbitrum. Users can learn more at carbon.inc. ContactCOO Rens Carbon rens@carbon.inc Disclaimer: Any information written in this press release does not constitute investment advice. Crypto Front News does not, and will not endorse any information about any company or individual on this page. Readers are encouraged to do their own research and base any actions on their own findings, not on any content written in this press release. Crypto Front News is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release. For more details, visit our disclaimer page. The post Carbon Launches TradFi-Native On-Chain Derivatives Venue With 950+ Markets in One Account appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
XRP Outlook remains focused on key support as bearish momentum persists despite Thailand's crypto tax decision and steady exchange outflows. Thailand's zero capital gains tax applies to eligible digital assets traded through licensed platforms, supporting regulated crypto participation. XRP technical structure remains bearish, while sustained exchange outflows suggest investors continue reducing balances on centralized platforms. XRP Outlook remains closely watched as Thailand advances digital asset taxation while XRP continues testing major technical support, with traders monitoring market structure, exchange flows, and broader cryptocurrency sentiment. Thailand's Crypto Policy Draws Market Attention John Squire shared Thailand's reported digital asset tax announcement through a recent social media post. The update referenced a 0% capital gains tax for qualifying digital assets. The policy applies through licensed cryptocurrency trading platforms. The post connected Thailand's announcement with the XRP ecosystem through symbolic visuals. However, the reported tax treatment extends beyond XRP alone. Other eligible digital assets may receive identical treatment under regulated conditions. Thailand continues refining cryptocurrency regulations through structured policy development. Lower capital gains taxes may reduce trading costs for market participants. Licensed exchanges could benefit from increased regulated activity. Clear taxation frameworks often improve certainty for investors and financial businesses. Digital asset firms generally favor transparent regulatory environments. Thailand's approach reflects continued policy development rather than restrictive regulation. XRP Holds Key Technical Support The technical outlook remains centered on XRP's descending market structure. Price continues respecting a falling trendline established during July. Lower highs still define the prevailing short-term trend. Source: TradingView John Squire's post focused on regulation rather than technical analysis. Despite this, XRP is still trading in close proximity to a significant support area. XRP has been trading throughout the $1.04-$1.05 price range, which is a level of support.XRP has been struggling in the $1.04-$1.05 price range, which is the support zone. The RSI hasn't yet reached its neutral 50 mark for the past several sessions. So, sellers continue to have the edge over buyers. In the meantime, the MACD is still below the zero line. However, resistance is building up around the $1.06-$1.07 level. Bulls need to make a clear move up from there. Otherwise, the broader bearish structure remains technically intact. Exchange Flows Reflect Cautious Positioning Exchange flow data continues showing more XRP leaving exchanges than entering them. Red netflow bars dominate the longer-term dataset. That pattern reflects persistent net withdrawals across observed periods. Late November produced the largest recorded exchange outflow on the chart. Withdrawals approached approximately $170 million during heightened volatility. Large movements often reflect portfolio repositioning by larger holders. Netflows gradually became less extreme after the strongest withdrawal period. Daily inflows and outflows now appear relatively balanced. Exchange activity therefore looks steadier than previous months. The persistent exchange outflows have not been able to halt the overall bear market for XRP. Market sentiment, liquidity, derivatives positioning and the macro conditions remain the key factors in determining market direction. Traders continue monitoring support, momentum indicators, and regulated market developments together. The post XRP Outlook Eyes Thailand’s Crypto Tax Shift appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Ripple Treasury integrates Moody's risk analytics while enterprise blockchain infrastructure continues expanding across institutional finance. Mastercard advances stablecoin payments through BVNK as financial firms connect traditional and digital payment infrastructure. Blockchain networks continue serving specialized financial roles across custody, settlements, tokenization, trade finance, and payments. Ripple Treasury remained in focus after new discussions connected institutional blockchain services with expanding financial infrastructure. Market participants also examined how enterprise partnerships continue shaping digital asset adoption across regulated financial markets. Ripple Treasury Strengthens Enterprise Financial Services A social media discussion from MrManXRP examined how financial infrastructure continues evolving across blockchain networks. The post described multiple companies building complementary institutional services. It presented that trend as part of a broader digital finance ecosystem. https://twitter.com/MrManXRP/status/2084417449903177767?s=20 The discussion referenced Ripple's expanding enterprise product portfolio across several business segments. Those services include Ripple Prime, Custody, Treasury, Mint, RLUSD, and the XRP Ledger. Each product targets different operational requirements within institutional finance. An accompanying Ripple Treasury document detailed collaboration with Moody's. The integration combines Moody's Asset and Liability Management Software-as-a-Service solution with Ripple Treasury. The objective centers on improving credit, market, and liquidity risk measurement. The collaboration also extends Ripple's treasury management capabilities for enterprise customers. Treasury teams require risk management alongside payment infrastructure. Financial institutions increasingly seek integrated operational platforms supporting multiple treasury functions. Mastercard Expands Stablecoin Infrastructure Through BVNK The discussion also referenced Mastercard's completed acquisition of BVNK. Mastercard stated that future payment innovation depends on connecting existing financial rails. The announcement emphasized interoperability between traditional and blockchain payment systems. BVNK develops infrastructure supporting stablecoin payment services for businesses. The acquisition expands Mastercard's presence within digital payment ecosystems. Stablecoin settlement continues attracting attention across global financial markets. The discussion also connected Mastercard with Moody's broader institutional services. Moody's periodically evaluates Mastercard's financial strength and senior unsecured debt. Those assessments remain separate from Ripple Treasury's software integration. Both relationships nevertheless demonstrate Moody's role across institutional financial markets. Risk analytics remain essential for treasury operations and financial institutions. Blockchain infrastructure increasingly operates alongside established financial management systems. Financial Networks Continue Building Specialized Infrastructure The discussion also referenced DTCC's modernization of post-trade settlement infrastructure. Other blockchain networks were presented as addressing specialized financial functions. Each platform contributes different services within institutional markets. Chainlink continues providing trusted external data for blockchain applications. Canton Network focuses on regulated financial market connectivity. XDC remains associated with digital trade finance infrastructure. Stellar continues supporting cross-border payment corridor development across global markets. Hedera remains focused on enterprise tokenization initiatives for institutional participants. These networks address different operational requirements rather than identical functions. Together, these developments reflect continued specialization across digital financial infrastructure. The discussion presented interconnected services instead of competing standalone ecosystems. Market participants continue monitoring enterprise adoption as blockchain integration expands across institutional finance. The post Ripple Treasury Expands Institutional Finance Reach appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Circle Misses Q2 Revenue Estimates, Sets Sept. 16 Launch for Arc Mainnet
Circle reported $701 million in Q2 revenue, missing expectations despite strong USDC transaction growth and higher reserve income. The company confirmed Arc's public mainnet launch for Sept. 16 and unveiled major financial institutions as founding validators. Circle received OCC trust bank approval, raised full-year revenue guidance and said USDC handled nearly 70% of stablecoin transaction volume in June. Circle reported second-quarter results showing revenue below Wall Street expectations while announcing major infrastructure and regulatory developments. According to Circle, the company set Sept. 16 for the Arc mainnet launch, received federal trust bank approval from the Office of the Comptroller of the Currency, and said USDC captured nearly 70% of stablecoin transaction volume in June, citing Visa Onchain Analytics. Revenue Misses Estimates as USDC Activity Grows Circle reported $701 million in total revenue and reserve income during the second quarter. That marked a 7% increase from a year earlier but missed analyst expectations. Reserve income reached $668 million, rising 5% year over year. Meanwhile, other revenue climbed 41% to $34 million. Net income from continuing operations totaled $48 million, while adjusted EBITDA increased 8% to $143 million. According to CEO Jeremy Allaire, lower interest rates and slower crypto market activity affected quarterly revenue. However, USDC continued expanding across blockchain networks. Circle said on-chain USDC transaction volume surged 151% year over year to $14.8 trillion. USDC circulation reached $73.3 billion at quarter-end. Although that figure declined from the first quarter, it remained 19% higher than a year earlier. Arc Mainnet Scheduled for September Alongside its earnings, Circle confirmed Arc's public mainnet will launch on Sept. 16. The company also disclosed its founding validator group. According to Circle, BlackRock, DTCC, Galaxy, Global Payments, ICE, Mastercard, MoneyGram, SBI Group, Standard Chartered, Sumitomo Corporation, and Visa will participate as founding validators. Meanwhile, Circle renewed its distribution agreement with Coinbase under existing terms. The company also announced a shared-revenue arrangement with Hyperliquid. Guidance Rises After Key Approvals Circle increased its full-year 2026 guidance for other revenue to between $310 million and $330 million. Management said the increase mainly reflects recognition of revenue from the Arc token presale. The company also received final approval from the OCC to establish Circle National Trust. According to Circle, it became one of the first stablecoin issuers to secure a federal trust bank charter. Additionally, Circle said its payments network reached approximately $15 billion in annualized transaction volume at quarter-end. Management added that figure increased to roughly $23 billion by July 31. The post Circle Misses Q2 Revenue Estimates, Sets Sept. 16 Launch for Arc Mainnet appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Senate Crypto Bill Vote Still Possible Before August Break
Bipartisan Senate negotiations continued as lawmakers worked to secure enough support for a Clarity Act cloture vote before the August recess. No cloture filing had been made, leaving the bill dependent on procedural agreements and progress in bipartisan policy discussions. Senate leaders could still hold a Clarity Act vote if negotiations succeed and the chamber clears its remaining legislative schedule. A Senate vote on the Clarity Act remains possible before lawmakers leave for the August recess, despite no cloture filing as of Thursday. According to Punchbowl News senior reporter Brendan Pedersen, bipartisan negotiations gained momentum during the past 24 hours as aides worked to resolve policy differences and secure enough Democratic support for cloture. Bipartisan Talks Reshape Vote Outlook According to Pedersen, Senate Majority Leader John Thune has not yet filed cloture on the Clarity Act. Without that procedural step, the Senate cannot hold a vote on the legislation. However, bipartisan negotiations continued as aides attempted to address policy issues raised by moderate Democrats. The discussions aim to produce changes that could attract at least 60 votes for cloture. Pedersen reported that successful negotiations would set the stage for Senate floor action in September. However, lawmakers continue working toward a possible cloture vote before the August recess. Meanwhile, Senate Democratic Leader Chuck Schumer has previously said he wants a negotiated agreement on the legislation. That position remains part of the ongoing discussions. Senate Schedule Complicates Timing The legislative calendar also affects the crypto bill's path. According to Pedersen, Thune is seeking time agreements covering several Republican priorities before moving to additional business. Those items include nominations, continuing resolution procedures, and a bipartisan NIL bill. Without agreements, the Senate could remain in session into next week. However, if senators approve those procedural agreements, the chamber could quickly clear its schedule. That would create room for a Clarity Act cloture vote before lawmakers leave Washington. Earlier this week, Democratic leadership suggested avoiding what it described as a premature Clarity Act vote before August. Republicans, however, continued preparing for a possible vote. Several Hurdles Remain Before a Vote Pedersen outlined three conditions that could allow a vote within days. First, senators must reach procedural agreements on current floor business. Second, bipartisan crypto negotiations must produce meaningful policy progress acceptable to moderate Democrats. Third, senators would need a time agreement covering the Clarity Act cloture vote. If those agreements fail, Thune could keep the Senate in session beyond the planned recess. According to Pedersen, that approach could eventually allow a vote, although it would extend the chamber's schedule. The post Senate Crypto Bill Vote Still Possible Before August Break appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Binance Seeks $473M in RedotPay User Diversion Lawsuit
Binance-affiliated companies filed a $472.8 million lawsuit alleging RedotPay diverted more than 470,000 users and breached commercial agreements. The complaint claims RedotPay improperly used Binance Pay funds for prohibited card top-ups, while RedotPay denied all allegations. The legal dispute follows the end of the companies' payment partnership as RedotPay continues pursuing international expansion and growth. Binance-affiliated companies have sued RedotPay's co-founders in Hong Kong, accusing them of diverting more than 470,000 Binance users to the stablecoin payment platform. According to Bloomberg, the plaintiffs seek $472.8 million in damages, alleging the conduct breached commercial agreements between the companies. RedotPay denied the allegations and said it would defend itself through the legal process. Lawsuit Centers on Payment Agreement According to Bloomberg, Nest Trading, DistributedTechnologies, and Chaintecs Consulting Singapore filed the lawsuit against Gao Zhangpeng, Chan Wa Choi, and Yao Chao. The complaint claims RedotPay allowed Binance Pay funds to support prohibited RedotPay card top-ups. Binance alleged the funds were not kept separate despite contractual requirements. The exchange affiliates said they identified the practice after March 2026. They later ended Binance Pay support for RedotPay on April 3, 2026, following a merchant partner review. According to the filing, more than 470,000 users allegedly shifted from Binance's payment services to RedotPay. The plaintiffs calculated damages using an estimated lifetime customer value of $925 per user. RedotPay Rejects Allegations RedotPay disputed the claims and said it remained confident in its legal position. The company stated it would vigorously defend all allegations raised in court. Meanwhile, Chaintecs also filed a related lawsuit against RedotPay affiliates in Singapore. A court hearing in that case is scheduled for Friday. Bloomberg reported the companies first partnered in November 2023. That arrangement ended within six months after Binance raised similar concerns. A replacement agreement followed in March 2025. According to Bloomberg, it required Binance Pay funds to remain segregated while supporting approved services. Previous Partnership and Expansion Plans Under the later agreement, Binance users could convert crypto to fiat, make transfers, and purchase RedotPay products. However, card top-ups using Binance Pay remained prohibited. Separately, RedotPay has expanded its payment business and explored a potential U.S. public listing. Reports said the company targeted a valuation above $4 billion, while JPMorgan, Goldman Sachs, and Jefferies advised on the proposed offering. At the same time, Binance reported continued growth across its platform. The exchange said registered users reached 323 million during the first half of 2026, while cumulative trading volume climbed to $156 trillion. The post Binance Seeks $473M in RedotPay User Diversion Lawsuit appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Eightco Holdings (NASDAQ: ORBS) Reports Total Holdings of Approximately $378 Million, Includes Op...
Eightco treasury composition as of August 5, 2026: $90M OpenAI equity (indirect), $18M Beast Industries equity, 16,278 ETH, nearly 302 million WLD holdings, and $142M cash and equivalents, totaling approximately $378 million Eightco recently participated in World Foundation's $52.5M funding round, led by Pantera with participation from Bain Capital Crypto, Selini Capital, Susquehanna Crypto, and additional investors OpenAI recently announced that it submitted a confidential S-1, setting itself up for a potential future initial public offering Eightco provides indirect exposure to some of the most innovative private companies including OpenAI and Beast Industries EASTON, Pa., Aug. 6, 2026 /PRNewswire/ -- Eightco Holdings Inc. (NASDAQ: ORBS) ("Eightco" or the "Company") today provided an update on its total holdings, highlighting its position across digital assets and strategic investments in leading private technology companies. As of August 5, 2026, at 4:00 p.m. ET, ORBS' holdings include a $90 million investment (indirectly, through SPVs) in OpenAI, an $18 million funded investment in Beast Industries, a $1 million investment in Mythical Games, 301,971,219 Worldcoin (WLD) at $0.32 per WLD (per Coinbase), 16,278 Ethereum (ETH), and approximately $142 million in total cash and stablecoins, for total holdings of approximately $378 million. Top Headlines Driving the News: Eightco's management believes the Company's treasury portfolio holds some of the most critical components for the future AI and digital financial system. This week's top headlines include: On August 2, the World Bank released a report noting that artificial intelligence could enable developing countries to gain a century's worth of development in a decade if they act quickly on power, connectivity and skills gaps. "AI has thrown developing economies a lifeline, and they should seize it," said Indermit Gill, the World Bank's chief economist (Reuters). On July 29, it was reported that the AI boom is creating thousands of high-paying jobs for electricians, carpenters, and other skilled trades needed to build the infrastructure powering the future of AI (The New York Times). On July 26, it was announced that Nvidia is in talks with OpenAI to provide a roughly $250 billion backstop for OpenAI as part of a massive data-center project. The two companies are exploring a 10-gigawatt, $500 billion data center campus in southern Ohio managed by SoftBank's SB Energy (WSJ). On a recent podcast episode, Sam Altman suggested that we may be approaching the "singularity," a pivotal moment when advances in AI could accelerate rapidly, unlocking new possibilities for scientific discovery, economic growth, and human progress, while potentially leading to the emergence of superintelligent systems (Relentless). Last week, firms including BlackRock, Fidelity, Franklin Templeton, Goldman Sachs and SoFi urged Congress to pass the Clarity Act, arguing that clear rules would protect investors, give companies regulatory certainty and help the U.S. stay competitive as digital assets become more mainstream (Coindesk). Tom Lee, Board Member of Eightco ORBS recently said during his July 27th appearance on CNBC Power Lunch: "Crypto is turning money into software; a lot of things can turn into money: loyalty points, reputation... You want a governing body to oversee all this. Now, Japan, Russia, Europe are actually passing Clarity Act-like bills. So the U.S. is risking getting behind. That's why I think crypto is recovering, because outside the U.S., it's being embraced." Eightco: Exposure to key mega-trends Eightco is built around three mega-trends the Company expects to shape the next decade of innovation: artificial intelligence, digital identity, and the creator economy, with positions in each trend through indirect investment in OpenAI (24% of ORBS' treasury holdings), Worldcoin (25%), and Beast Industries (5%). Artificial Intelligence — OpenAI Eightco has invested approximately $90 million in special purpose vehicles with exposure to equity interests in the parent company of OpenAI, representing approximately 24% of treasury assets, one of the highest disclosed concentrations of any listed vehicle. ChatGPT, OpenAI's consumer app, is the #1 consumer AI app worldwide (Sensor Tower). On July 31, 2026, OpenAI announced that its models now reach more than one billion active users and more than two million businesses. Six months after signing up, people send roughly 50 percent more messages each day and use ChatGPT for about twice as many kinds of work. Digital Identity — WLD Token Eightco holds nearly 302 million WLD, approximately 8.4% of circulating supply, the largest publicly disclosed institutional position globally and approximately 25% of the Eightco treasury's assets. Worldcoin is the native token of World, a global Proof of Human network built by Tools for Humanity (co-founded by Sam Altman and Alex Blania) and stewarded by the World Foundation. Its Orb devices issue a privacy-preserving World ID that verifies a user is a unique human, not an AI agent. Under World's announced business model, applications pay per-verification fees while end-user verification remains free, with both credential issuers and the World protocol monetizing verified-human authentication. World identifies a $6.35 trillion combined addressable revenue opportunity across 13 industries spanning banking, e-commerce, gaming, social media, and agentic AI (per Tools for Humanity). Creator Economy — Beast Industries Eightco has invested $18 million in Beast Industries equity, approximately 5% of treasury assets. Beast Industries operates one of the largest direct-to-consumer reach footprints in the world, with a combined 500 million-plus follower base across platforms, anchored by MrBeast as the most-watched person on YouTube globally. As AI commoditizes content production, distribution and audience trust become increasingly scarce assets. About Eightco Holdings Inc. Eightco Holdings Inc. (NASDAQ: ORBS) is a publicly traded company executing a first-of-its-kind Worldcoin (WLD) treasury strategy, providing investors single-ticker indirect exposure to three of the defining trends of this cycle: artificial intelligence through its indirect investment in OpenAI, digital identity through its position as the largest public holder of WLD and the Proof of Human protocol, and the creator economy through its equity stake in MrBeast's Beast Industries. Backed by leading institutional investors including Bitmine Immersion Technologies Inc. (NYSE: BMNR), MOZAYYX, World Foundation, CoinFund, Discovery Capital Management, FalconX, Payward/Kraken, Pantera, and GSR, Eightco is building the infrastructure layer for human verification in the agentic AI era. For more information: X: @iamhuman_orbs Website: 8co.holdings Frequently Asked Questions What is ORBS stock? Eightco Holdings Inc. (NASDAQ: ORBS) is a publicly traded company on Nasdaq. ORBS provides indirect exposure to OpenAI and Beast Industries, and holds one of the largest publicly disclosed positions in Worldcoin (WLD). Who owns the most Worldcoin (WLD)? Eightco Holdings (NASDAQ: ORBS) holds nearly 302 million WLD, approximately 8.4% of circulating supply and the largest publicly disclosed institutional position globally. What is Proof of Human? Proof of Human is cryptographic verification that a user is a unique, living person, not a bot or AI agent. It is foundational infrastructure for social networks, banking, agentic commerce, and any system requiring "one person, one account" in the agentic AI era. How does Eightco (ORBS) relate to Proof of Human? Eightco Holdings (NASDAQ: ORBS) is the largest publicly disclosed institutional holder of Worldcoin (WLD), the token powering World's Proof of Human network. Who is the CEO of Eightco Holdings? Kevin O'Donnell is the CEO of Eightco Holdings (NASDAQ: ORBS). The Company's Board includes Tom Lee (Managing Partner and Head of Research at Fundstrat, and Chairman of Bitmine Immersion Technologies (NYSE: BMNR)) and, as an advisor to the Board, Brett Winton (Chief Futurist at ARK Invest). Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements in this press release other than statements of historical fact could be deemed forward-looking, including, without limitation, statements regarding: the Company's expectations that artificial intelligence, digital identity, and the creator economy will shape the next decade of innovation; management's belief that the Company's treasury portfolio holds some of the most critical components for the future AI and digital financial system; statements that OpenAI submitted a confidential S-1, setting itself up for a potential future initial public offering; statements regarding World's addressable revenue opportunity of $6.35 trillion across industries spanning banking, e-commerce, gaming, social media, and agentic AI; statements that distribution and audience trust become increasingly scarce assets as AI commoditizes content production; statements that the Company is building the infrastructure layer for human verification in the agentic AI era; statements that Proof of Human is foundational infrastructure for social networks, banking, agentic commerce, and systems requiring verified human identity; and statements regarding the Company providing indirect exposure to defining trends through its investments in OpenAI, WLD, and Beast Industries. Words such as "plans," "expects," "will," "anticipates," "continue," "expand," "advance," "develop," "believes," "guidance," "target," "may," "remain," "project," "outlook," "intend," "estimate," "could," "should," "positioned," "view," and other words and terms of similar meaning and expression are intended to identify forward-looking statements, although not all forward-looking statements contain such terms. Forward-looking statements are based on management's current beliefs and assumptions that are subject to risks and uncertainties and are not guarantees of future performance. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors, including, without limitation: the Company's inability to direct the management or operations of private businesses where it is not a controlling stockholder, including OpenAI and Beast Industries; risk of loss or markdown on the Company's strategic investments, including its indirect position in OpenAI equity (held through special purpose vehicles), its position in WLD, and its position in Beast Industries equity; the Company's ability to maintain compliance with Nasdaq's continued listing requirements; unexpected costs, charges, or expenses that reduce the Company's capital resources or otherwise delay capital deployment; inability to raise adequate capital to fund or scale its business operations or strategic investments; volatility in digital asset prices, including WLD and ETH, which could materially affect the value of the Company's treasury holdings; regulatory changes, future legislation, and rulemaking negatively impacting digital assets, artificial intelligence adoption, or biometric data collection; risks related to the development, adoption, and market acceptance of Proof of Human technology and the World network; uncertainty regarding the pace and trajectory of agentic AI deployment in enterprise and consumer applications; uncertainty regarding OpenAI's product roadmap, business model developments, and the timing or success of any IPO; risks related to Beast Industries' ability to achieve its growth projections; competition in the digital identity and AI infrastructure markets; reliance on third-party sources for the valuation of certain investments; uncertainty regarding MrBeast's continued success and the performance of Beast Industries' creator-driven business model; risks related to the Company's concentrated positions in certain digital assets and private company investments; shifting public and governmental positions on digital assets or artificial intelligence-related industries; risks related to the timing, features, and commercial reception of OpenAI's model releases; and risks that WLD supply dynamics may not result in anticipated market effects. Given these risks and uncertainties, you are cautioned not to place undue reliance on such forward-looking statements. For a discussion of other risks and uncertainties, and other important factors, any of which could cause Eightco's actual results to differ from those contained in the forward-looking statements herein, see Eightco's filings with the Securities and Exchange Commission (the "SEC"), including the risk factors and other disclosures in its Annual Report on Form 10-K filed with the SEC on April 15, 2026, and other publicly available SEC filings. All information in this press release is as of the date of the release, and Eightco undertakes no duty to update this information or to publicly announce the results of any revisions to any of the forward-looking statements contained herein to reflect actual results or any change in its expectations.
Disclaimer: Any information written in this press release does not constitute investment advice. Crypto Front News does not, and will not endorse any information about any company or individual on this page. Readers are encouraged to do their own research and base any actions on their own findings, not on any content written in this press release. Crypto Front News is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release. For more details, visit our disclaimer page. The post Eightco Holdings (NASDAQ: ORBS) Reports Total Holdings of Approximately $378 Million, Includes OpenAI, Beast Industries, More Than 16,000 ETH and Nearly 302 Million WLD Tokens appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Vladimir Putin Signs Russia’s Landmark Crypto Trading Law
Russia will launch a regulated cryptocurrency trading framework on Sept. 1, 2026, requiring exchanges to operate under a licensing regime. The law limits retail crypto purchases through licensed intermediaries while qualified investors receive broader access to digital assets. Russia continues prohibiting cryptocurrency payments for domestic goods and services despite introducing comprehensive trading regulations. Russian President Vladimir Putin signed a law on Aug. 4 establishing Russia's first comprehensive framework for cryptocurrency trading and digital assets. According to TASS, the legislation takes effect on Sept. 1, 2026, allowing licensed platforms to offer crypto trading while keeping cryptocurrency payments for domestic goods and services prohibited. https://twitter.com/BitcoinArchive/status/2085072823177859318?s=20 New Rules Set Trading Standards According to TASS, the law regulates crypto exchanges, digital depositories, brokers, clearing houses, management companies, and digital asset operators. It also covers cryptocurrency mining, custody, accounting, and digital financial assets. Only organizations listed in a special registry may operate crypto exchanges. However, existing providers may continue operating without registration until July 1, 2027. The law requires exchanges to maintain at least 15 million rubles in equity. Additionally, they must join a financial market self-regulatory organization before operating under the permanent framework. Retail Investors Face Purchase Limits Retail investors may purchase only cryptocurrencies regulators classify as the most liquid through licensed intermediaries. According to TASS, annual purchases are capped at 300,000 rubles, or about $3,700, per intermediary. Qualified investors may purchase any cryptocurrency without annual limits after completing the required suitability testing. Individuals may also qualify based on their previous cryptocurrency transaction history. Authorities have not yet published the final list of eligible cryptocurrencies. Reports indicate Bitcoin, Ethereum, and USDT are expected among the initial assets available. Domestic Payments Stay Prohibited While the law opens regulated cryptocurrency trading, it continues banning digital currencies as payment for domestic goods and services. The legislation also prohibits advertising cryptocurrency as a payment method inside Russia. However, the framework allows cryptocurrency settlements for foreign trade contracts between Russian residents and non-residents. It also permits transactions involving mined cryptocurrency, securities, digital rights, and approved system fees. Banks must block transfers linked to unauthorized cryptocurrency exchange providers if they identify suspicious activity. Meanwhile, the law grants judicial protection to cryptocurrency holders regardless of whether they previously declared their digital assets. Most provisions become effective on Sept. 1, 2026. Additional rules covering non-resident digital depositories, transfer restrictions, and technical digital asset requirements will roll out during 2027. The post Vladimir Putin Signs Russia’s Landmark Crypto Trading Law appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Kraken Parent Payward Adds Proxy Voting for Eligible xStocks Holders
Payward will let eligible xStocks holders submit proxy voting preferences through Broadridge, adding corporate governance participation. The update replaces the previous model where tokenized equity holders had no way to influence votes tied to underlying shares. Payward continues expanding xStocks internationally as tokenized equities gain broader adoption across global financial markets. Payward, the parent company of Kraken, announced Wednesday that eligible xStocks holders will soon submit proxy voting preferences through a collaboration with Broadridge. According to the company, the change gives qualifying tokenized equity investors a way to participate in corporate governance after previously having no influence over votes tied to the underlying shares. Payward Changes XStocks Voting Model According to Payward, the new arrangement replaces the previous approach where xStocks holders could not express voting preferences. Instead, eligible investors will now submit proxy voting instructions for the shares backing their tokenized equities through Broadridge's infrastructure. Mark Greenberg, Payward's chief commercial officer, said the goal of tokenization extends beyond improving capital markets. He added that company ownership should also include opportunities to participate in corporate governance. Broadridge provides digital asset infrastructure that includes proxy voting, custody, wallets, and post-trade services. Notably, the partnership brings those capabilities to Payward's tokenized equity offering for eligible participants. Eligible Markets Continue To Expand Issued by Backed, xStocks remain available only to eligible investors outside the United States. Currently, the products are also unavailable in the United Kingdom and to U.S. persons. However, Payward recently partnered with fintech infrastructure provider GTN to broaden the xStocks lineup. According to the company, the expansion includes Hong Kong-listed shares, with additional plans covering Europe, South Korea, the United Kingdom, and other international markets. Tokenized Equities See Broader Adoption Payward said xStocks have processed more than $25 billion in total transaction volume since launching last year. The latest governance update adds another feature as the platform expands internationally. Meanwhile, interest in tokenized equities continues to grow across financial markets. According to the company, blockchain firms and traditional financial institutions, including JPMorgan and Goldman Sachs, have explored moving securities onto blockchain networks. The Broadridge collaboration adds shareholder participation to Payward's tokenized equity model. Eligible xStocks holders can now submit proxy voting preferences while retaining exposure to the shares underlying their digital tokens. The post Kraken Parent Payward Adds Proxy Voting for Eligible xStocks Holders appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
69% of Russians See No Practical Use for Crypto Despite New Regulations
A Rambler&Co survey found 69% of Russians see no practical use for cryptocurrencies despite the country's expanding regulatory framework. Most respondents said they rarely use or understand digital assets, highlighting a significant awareness gap before new crypto rules begin. Russia's latest cryptocurrency regulations are expected to start in September 2026 while domestic crypto payments remain prohibited. Nearly seven in ten Russians still see no practical use for cryptocurrencies despite the country's expanding regulatory framework, according to TASS. A Rambler&Co survey found that 69% of respondents could not identify any meaningful crypto use cases, while lawmakers continue preparing new digital asset rules that are expected to begin taking effect in September 2026. Survey Shows Limited Public Interest According to TASS, 52% of respondents said they do not use cryptocurrencies and therefore could not explain how legalization would affect them. Meanwhile, only 6% reported having practical experience with digital assets. The findings also highlighted limited public understanding. Notably, 54% admitted they know little or nothing about how cryptocurrencies work. Another 23% said they still lack enough information, while 17% said they understand only the basics. However, some respondents outlined possible future uses. Around 8% said they would use crypto for purchases abroad. Additionally, 6% favored long-term investing and portfolio diversification, while 4% planned business-related use. New Rules Approach Implementation The survey comes as Russia moves closer to implementing its latest cryptocurrency legislation. The State Duma has approved the "On Digital Currency and Digital Rights" bill, although it still requires approval from the Federation Council and President Vladimir Putin. Most provisions are scheduled to take effect on Sept. 1, 2026. Furthermore, additional licensing rules for cryptocurrency intermediaries will begin in 2027. The framework will regulate cryptocurrency trading and investment through licensed platforms. However, direct cryptocurrency payments inside Russia will remain prohibited under the proposed system. Awareness Gap Remains Although legalization is approaching, public confidence remains mixed. According to TASS, 22% believe regulating cryptocurrencies is the better approach, while 20% said they had waited for clearer market rules. Interest also depends on stronger consumer protections. Around 38% want factual information without promises of quick profits. Meanwhile, 36% want clearer regulations, while 16% said reliable platforms with simple interfaces would encourage participation. The Rambler&Co survey questioned more than 2,000 active internet users between July 23 and July 30, shortly after lawmakers approved the new legislation. The post 69% of Russians See No Practical Use for Crypto Despite New Regulations appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Visa Adds Stablecoin Payouts With Zerohash Support
Visa partnered with zerohash to add stablecoin merchant prefunding and payout capabilities to Visa Direct across its global payment network. The integration enables eligible clients to send cross-border payments in stablecoins while using existing financial infrastructure. Visa continued expanding its stablecoin strategy by extending blockchain-based settlement and liquidity management through Visa Direct. Visa expanded its stablecoin strategy by partnering with zerohash to add stablecoin merchant prefunding and payout capabilities to Visa Direct. According to Visa and zerohash, eligible Visa Direct clients can access the new features across the network spanning more than 18 billion endpoints in over 195 countries and territories, supporting faster cross-border money movement through blockchain infrastructure. Visa Direct Expands Stablecoin Services According to Visa, the integration allows eligible Visa Direct clients to prefund merchant accounts using stablecoins before sending payments. Businesses can also distribute payouts directly in stablecoins, while continuing to use existing financial infrastructure. The companies said zerohash provides the underlying regulatory, compliance, and technical infrastructure supporting the service. Notably, the platform operates across dozens of blockchains and stablecoins while handling settlement and customer usability. Edward Woodford, founder and CEO of zerohash, said the partnership extends stablecoin capabilities into Visa Direct's core payment network. He added that businesses gain another option to manage liquidity across borders, while recipients receive quicker access to funds through onchain settlement. Partnership Targets Cross-Border Payments According to Visa, the new capabilities support businesses seeking faster settlement beyond traditional banking hours. Moreover, recipients can choose to receive payments directly in stablecoins instead of relying solely on conventional payment methods. Mark Nelsen, Visa's global head of product, said stablecoins create additional opportunities to improve cross-border money movement. He added that Visa continues investing in infrastructure that broadens Visa Direct's payment capabilities while remaining compatible with existing financial systems. Stablecoin Strategy Continues To Grow The latest announcement builds on Visa's broader stablecoin initiatives introduced during 2026. Earlier this year, Visa partnered with BVNK on stablecoin prefunding pilots before launching the Visa Stablecoin Platform in July. That platform enables financial institutions to issue, hold, transfer, and redeem stablecoins within one environment. Meanwhile, the new zerohash collaboration adds merchant prefunding and payout functionality to Visa Direct, extending blockchain-based settlement to another part of Visa's payment ecosystem. According to both companies, the integration gives eligible clients additional options for managing liquidity, supporting cross-border payments, and accessing stablecoin settlement through Visa Direct without building separate blockchain infrastructure. The post Visa Adds Stablecoin Payouts With Zerohash Support appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
XRP Infrastructure remains central to discussions surrounding enterprise finance, tokenization, and cross-border settlement services worldwide. Ripple continues expanding institutional products while community discussions compare blockchain adoption with traditional financial infrastructure. BXE's planned MEXC listing adds another enterprise-focused development within the broader XRP Ledger ecosystem narrative. XRP Ledger returned to market discussions as community members examined Ripple's expanding enterprise ecosystem alongside broader digital finance narratives. Recent posts also renewed debate over XRP's future role within institutional financial infrastructure. XRP Ledger Remains Central to Enterprise Discussion Recent social media discussions from TheCryptoSquire connected the XRP Ledger with long-term financial infrastructure development. Separate posts presented similar themes through different perspectives. Both centered on Ripple's expanding institutional ecosystem. https://twitter.com/TheCryptoSquire/status/2084479185498907113?s=20 One discussion referenced Elon Musk's reported comments regarding the future of the U.S. dollar. The post suggested XRP could support future financial infrastructure. That statement represented the author's personal interpretation rather than a confirmed projection. Another discussion from FinanceBroYT presented a more aggressive outlook surrounding Ripple's future growth. It claimed XRP could eventually become more liquid than the U.S. dollar. No official evidence currently supports that specific expectation. Ripple has continued expanding services beyond cross-border payments in recent years. Its enterprise portfolio now includes Custody, Treasury, Prime, Mint, RLUSD, and the XRP Ledger. Those offerings target multiple institutional financial functions. Enterprise Expansion Continues Across Ripple Ecosystem Ripple's strategy increasingly focuses on institutional digital asset infrastructure. Treasury services support enterprise liquidity management and operational workflows. Custody solutions address secure digital asset storage requirements. Meanwhile, Ripple Mint enables token issuance for enterprise applications. RLUSD extends Ripple's presence within regulated stablecoin infrastructure. The XRP Ledger provides settlement capabilities supporting several ecosystem services. The broader ecosystem has also expanded into tokenization and enterprise blockchain applications. Developers continue building financial products beyond traditional payment services. Those efforts broaden available institutional blockchain use cases. Community discussions frequently reference these developments when evaluating Ripple's long-term strategy. However, expanding enterprise services does not automatically determine future market leadership. Institutional adoption continues developing through gradual implementation. Market Narratives Continue Separating Facts From Expectations The discussions also addressed Ripple's regulatory licensing efforts across multiple jurisdictions. Regulatory approvals support compliant financial service expansion. They do not indicate widespread disruption within the banking industry. Another topic focused on the scheduled BXE listing on MEXC. Exchange listings generally improve project accessibility and market visibility. Long-term adoption still depends on sustained ecosystem participation after launch. The discussions also connected XRP with broader financial modernization trends. Stablecoins, tokenization, and blockchain settlement continue attracting institutional interest. Financial firms increasingly evaluate multiple blockchain platforms for specialized operational needs. Recent developments reflect ongoing enterprise activity in the XRP Ledger ecosystem. As of this time XRP is trading around $1.08 on the market while traders await further adoption stories. Going forward, results will remain contingent on implementation, regulatory developments, and institutional involvement, as well as on quantifiable in-the-field adoption. The post XRP Gains Focus Amid Adoption Debate appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Circle Gateway Adds ERC-1271 for Smart Wallet Access
Circle Gateway now supports ERC-1271, allowing smart contracts and smart wallets to manage unified USDC balances without delegate accounts. The update preserves existing authorization models, including multisignature approvals, role-based permissions and spending controls. ERC-1271 support expands crosschain USDC workflows while reducing operational complexity for developers and existing Gateway integrations. Circle announced that Gateway now supports ERC-1271 signatures, allowing smart contracts and smart contract wallets to access unified USDC balances directly. According to Circle, the update removes the need for delegate accounts while preserving existing authorization logic, enabling programmable applications to manage crosschain USDC using their current approval models. Smart Contracts Gain Direct Access According to Circle, Gateway previously required externally owned accounts to submit mint and burn requests. As a result, smart contract wallets depended on delegate approvers, creating extra setup requirements and additional signature management. With ERC-1271 support, Gateway can now verify signatures generated by smart contracts through the standard contract-based verification method. Consequently, developers can connect smart contracts directly without redesigning existing authorization systems. The company said applications can continue using multisignature approvals, role-based permissions, spending limits, passkeys, allowlists, and time-based controls. Those policies remain inside the smart contract instead of moving to separate delegate accounts. Crosschain USDC Workflows Expand The update also broadens Gateway's crosschain capabilities. According to Circle, developers can access a unified USDC balance after depositing tokens into Gateway Wallet contracts across supported blockchains. DeFi protocols can now move USDC between supported chains without relying on bridges or maintaining pre-funded balances. Meanwhile, payment platforms can execute crosschain transfers while preserving their existing approval structures. Treasury platforms can also manage recurring payments, crosschain operations, and controlled disbursements from one unified USDC balance. Smart wallet providers can similarly offer users crosschain access without introducing delegate approval flows. Existing Integrations Need Fewer Steps Circle said ERC-1271 also provides a simpler migration path for existing Gateway users. Teams using delegate-based authorization can transition to direct smart contract access while keeping their current validation logic. According to the company, the change reduces operational overhead by removing separate signing infrastructure and delegate management. Instead, authorization remains governed by the same smart contract policies already controlling treasury systems, protocols, users, and applications. The update enables developers to build crosschain USDC workflows while maintaining existing security policies through programmable smart contract authorization. The post Circle Gateway Adds ERC-1271 for Smart Wallet Access appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
ChangeNOW Brings Martin Masser Into Its Crypto Super App
Kingstown, Saint Vincent and the Grenadines, August 5th, 2026, Chainwire The former TON executive joins as Director of Strategic Partnerships to form the connections behind ChangeNOW’s next phase. Former TON executive Martin Masser joins ChangeNOW to build strategic partnerships, ecosystem relationships, and media momentum behind its next phase. Masser comes with experience across traditional banking, Web2 and Web3, including senior growth and business development roles within the TON space. At ChangeNOW, he will lead strategic relationships with blockchain networks, wallets, fintech companies, payment providers and other infrastructure partners. His appointment comes as ChangeNOW grows beyond standalone crypto services, transitioning to one connected product where users can buy, store, swap, trade, send, receive and grow digital assets. The industry has already built most of the individual components. What it hasn't solved is the experience of using them together; clients are still expected to switch between platforms, understand different networks and connect the pieces on their own. ChangeNOW’s super app strategy is designed to move that complexity beneath the product. “Martin brings a rare mix of commercial relationships, product and media understanding,” said Pauline Shangett, Chief Strategy Officer at ChangeNOW. “He knows what the technology can do, what the business needs and how to make the market pay attention. That is exactly the perspective we need as we build the ChangeNOW super app.” Masser's role will focus not on accumulating partnership announcements, but on identifying relationships that can make ChangeNOW's infrastructure more complete and remove unnecessary steps from the сlient experience. “The best partnerships create access, adoption and attention. My focus is to build relationships that make the product stronger, simpler and more useful, and then help the market understand why they matter. If you are building wallets, networks, payments, stablecoins, fintech infrastructure, consumer crypto or Web3 products, I want to hear from you,” said Masser. For consumers, ChangeNOW is combining the core activities of managing crypto within one environment. For businesses, it is developing an integrated set of tools for crypto payments, exchange, stablecoin settlement, digital asset management and Web3 integrations. As ChangeNOW expands into a crypto super app, its next phase is connecting the right networks, wallets and partners. Masser’s role will be central to building those relationships and turning them into product value, adoption and market momentum. About ChangeNOW ChangeNOW.io is a crypto super app built for every crypto move, giving newcomers, professionals, and businesses the tools they need to access Web3 finance in a simple and secure way. Since 2017, ChangeNOW has grown from a fast, secure, and limitless instant exchange into a trusted platform where storage, swaps, trading, staking, and asset management are covered in one simple experience for millions of clients worldwide. About Martin Masser Martin Masser is Director of Strategic Partnerships at ChangeNOW, where he is building partnerships around the company's expansion into a crypto super app. His career covers traditional banking and capital markets in London and Web3, including his previous role as Head of Growth at TON Foundation. Martin works at the intersection of growth, infrastructure, and partnerships, connecting products and industry players to make crypto services work as one seamless user experience. ContactPR Team CHN Group LLC pr@changenow.io Disclaimer: Any information written in this press release does not constitute investment advice. Crypto Front News does not, and will not endorse any information about any company or individual on this page. Readers are encouraged to do their own research and base any actions on their own findings, not on any content written in this press release. Crypto Front News is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release. For more details, visit our disclaimer page. The post ChangeNOW Brings Martin Masser Into Its Crypto Super App appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Tether Gold Holdings Jump 9.5% Despite Q2 Price Drop
Tether reported XAU₮ customer holdings increased 9.5% in Q2 2026 even as gold prices declined 14.1% during the quarter. The company said every XAU₮ token remained fully backed by Swiss-stored physical gold, supported by more than 22 metric tonnes in reserves. Tether expanded its gold strategy with additional purchases in 2026 while maintaining full backing for all circulating XAU₮ tokens. Tether reported that investor holdings of Tether Gold (XAU₮) increased 9.5% during the second quarter of 2026, even as gold prices fell 14.1%. The company said customers accumulated more tokenized gold through June 30, 2026, while maintaining full 1:1 physical backing with Swiss-vaulted reserves under El Salvador's digital asset framework. Customer Holdings Increased During Price Weakness According to Tether, customer holdings rose from 559,598.640000 XAU₮ at the end of the first quarter to 612,823.660000 XAU₮ by June 30. That increase represented 53,225.020000 additional tokens moving into investor holdings during the quarter. The company said each XAU₮ token remained backed by at least one fine troy ounce of physical gold. Notably, total reserves stayed unchanged at 707,747.139 fine troy ounces, or about 22.01 metric tonnes. Gold ended the quarter at $4,008.02 per ounce after declining 14.1% from first-quarter levels. However, Tether said investors continued adding tokenized gold despite the lower prices. Reserves Remained Fully Backed Tether said its gold reserves consisted of 1,759 London Good Delivery bars, together with smaller bars, stored in Switzerland. The company also reported approximately $2.837 billion in market value at the end of the quarter. Meanwhile, 94,923.430000 XAU₮ remained available for sale after quarter-end. The company confirmed that its physical reserves remained sufficient to maintain full backing for every circulating token. Paolo Ardoino, CEO of Tether, said the second quarter tested investor demand during gold's largest quarterly correction in 13 years. He added that more than 53,000 tokens moved into customer ownership despite weaker prices. Gold Strategy Expanded Further Separately, Tether International SA de CV purchased approximately 27.1 tonnes of gold during the first half of 2026. The company averaged about 4.5 tonnes of purchases each month. According to the figures provided, Tether International would rank third globally for gold purchases during the period if measured alongside central banks. The reported holdings of approximately 150 tonnes would place it behind Poland and China, while ahead of Kazakhstan. The post Tether Gold Holdings Jump 9.5% Despite Q2 Price Drop appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Ethereum Proposal to Burn Validator Issuance Sparks Backlash Ahead of Hegotá Upgrade
Ethereum developers proposed gradually burning validator issuance, reaching a full burn when about half of the ETH supply is staked. Aave founder Stani Kulechov warned the proposal could weaken staking incentives, institutional demand and Ethereum DeFi strategies. The draft proposal arrived before the Hegotá deadline, sparking debate over Ethereum's long-term staking economics and network security. Ethereum developers have proposed a draft Ethereum Improvement Proposal that would gradually burn validator issuance as network staking increases, reaching full issuance burn once about half of the ETH supply is staked. The proposal surfaced ahead of the Hegotá upgrade deadline, while Aave founder Stani Kulechov argued the changes could reduce staking incentives and weaken Ethereum's appeal for institutions and decentralized finance. https://twitter.com/StaniKulechov/status/2084667208668467574?s=20 Draft Targets Rising Ethereum Staking According to the proposal, validator issuance would face increasing burns as staking grows across the network. Once staking reaches roughly 60.25 million ETH, or about 50% of supply, newly issued validator rewards would be fully offset through burning. Validators would continue receiving transaction fees and block tips under the proposal. However, only newly created ETH would face gradual reductions through an 18-month transition period. Six researchers, including Ethereum Foundation researcher Justin Drake, signed the draft proposal. It has not yet received an official EIP number and arrived shortly before the Aug. 6 deadline for smaller Hegotá upgrade proposals. According to the authors, Ethereum currently has about 41 million ETH staked, representing nearly 34% of supply. Meanwhile, another 2.5 million ETH remains in the activation queue. Proposal Draws Opposition From DeFi Leaders The proposal quickly divided Ethereum developers and DeFi participants. Aave founder Stani Kulechov argued that reducing staking rewards toward zero would make ETH borrowing strategies largely uneconomical. Kulechov also said unpredictable staking yields could discourage institutional investors seeking stable returns. Additionally, he warned that reduced rewards could weaken several DeFi yield strategies built around borrowed ETH. He further argued that investors could shift capital toward competing blockchain networks or other yield-bearing assets if Ethereum staking became less attractive. Questions Grow Ahead Of Hegotá Deadline Mike Silagadze, founder of ether.fi, criticized both the proposal and its review timeline. He said the draft arrived with limited time for community feedback despite introducing major economic changes. Silagadze also argued the proposal could pressure solo stakers while favoring larger staking providers with lower capital costs. He added that several leading DeFi protocols could face capital outflows if staking demand slows. Meanwhile, the proposal's authors estimated staking could exceed 70 million ETH by January 2028 without changes, making the discussion increasingly relevant as Ethereum developers review candidates for the Hegotá upgrade. The post Ethereum Proposal to Burn Validator Issuance Sparks Backlash Ahead of Hegotá Upgrade appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Strategy Moves $66M in Bitcoin as MARA Transfers 6,000 BTC to TwoPrime
A wallet linked to Strategy transferred 1,030 BTC after the company disclosed a recent Bitcoin sale, though no new sale has been confirmed. MARA moved 6,000 BTC to TwoPrime, but analysts said the transfer likely reflects treasury management rather than a confirmed liquidation. Both Bitcoin transfers renewed market attention on corporate treasury activity as investors await official disclosures from the companies. Another large Bitcoin transfer has put corporate treasury activity back in focus after a wallet linked to Strategy moved 1,030 BTC worth about $66.14 million. According to Lookonchain, the transaction followed Strategy's disclosed Bitcoin sale last week, while Bitcoin miner MARA also transferred 6,000 BTC to TwoPrime, although analysts said the move does not confirm a sale. Strategy Transfer Follows Recent Bitcoin Sale According to Lookonchain, the suspected Strategy-linked wallet completed the 1,030 BTC transfer roughly two hours before the report. The movement came after Strategy disclosed selling 1,638 BTC last week for about $102.4 million. The company still holds 842,138 BTC valued at about $52.65 billion, according to the latest figures. However, Strategy has not confirmed whether the latest wallet transfer represents another sale. The transfer alone does not prove liquidation because blockchain transactions can also support custody or treasury operations. Even so, the movement attracted attention because of Strategy's recent disclosed sale. Michael Saylor previously said Strategy's Bitcoin transactions support corporate capital management rather than reflecting changes to his personal Bitcoin position. MARA Sends 6,000 BTC To TwoPrime Attention also shifted to MARA after the miner transferred 6,000 BTC worth about $384.6 million to TwoPrime. According to Lookonchain, the transfers occurred during the past five hours. Analysts said the transaction does not necessarily indicate that MARA sold any Bitcoin. Instead, they noted the transfer could support treasury or broader asset management activities. That explanation aligns with MARA's existing relationship with TwoPrime. The miner owns an equity stake in the firm and allocates Bitcoin to its investment strategies. Wallet Activity Draws Fresh Market Attention Strategy remains the largest corporate Bitcoin holder, making its wallet activity closely watched across the market. Meanwhile, MARA continues holding 36,303 BTC worth approximately $2.34 billion after the latest transfer. Earlier this year, MARA sold 15,133 BTC to retire $1 billion in convertible debt. However, no evidence currently shows the latest 6,000 BTC transfer resulted in another sale. Likewise, Strategy's latest transaction remains an on-chain movement until the company provides further disclosure. Investors will likely watch the next corporate filing to determine whether the transferred Bitcoin became part of another reported sale. The post Strategy Moves $66M in Bitcoin as MARA Transfers 6,000 BTC to TwoPrime appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
CLARITY Act Senate Vote Delayed as Thune Holds Off on Cloture Filing
The Senate did not file cloture on the CLARITY Act Monday, delaying the bill's expected procedural progress before the August recess. Ongoing ethics negotiations and unresolved policy disputes continue to complicate Senate support and the timing of a potential vote. Majority Leader John Thune could still file cloture this week as lawmakers work to resolve remaining disagreements over the legislation. The Senate's expected procedural step on the CLARITY Act did not happen Monday, leaving the bill's path uncertain before the August recess. According to journalist Eleanor Terrett, Majority Leader John Thune did not file cloture as procedural work on the continuing resolution continued, while unresolved negotiations over ethics and other provisions also remained in play. Those issues now shape expectations for the coming days. Cloture Timeline Shifts As Negotiations Continue According to Terrett, procedural matters tied to the continuing resolution partly explain why Thune delayed filing cloture on the motion to proceed. However, she also reported that unresolved policy disputes and uncertainty over vote counts likely contributed to the decision. Terrett said Thune could still file cloture as early as Tuesday once those procedural matters conclude. Under Senate rules, an intervening day and one hour must pass before the initial cloture vote takes place. She also noted that the separate 30-hour period applies only after senators invoke cloture. Even so, she said the final outcome remains uncertain because several issues still await resolution. Ethics Talks Remain The Biggest Obstacle Attention has now shifted toward bipartisan negotiations over ethics language. According to Terrett, the White House has not responded to the latest ethics counterproposal submitted by Senators Thom Tillis and Ruben Gallego. The revised proposal reportedly expands an earlier framework and includes an enforcement role for state attorneys general. According to the report, Democrats have supported that provision, while the White House has resisted it. Meanwhile, disagreements also continue over the Blockchain Regulatory Certainty Act and sections drafted by the Senate Agriculture Committee. Those discussions remain active as lawmakers work toward a possible vote. Lawmakers Weigh Next Steps John Thune recently told reporters he expects the Senate to vote on market structure legislation. However, he acknowledged uncertainty about whether lawmakers could formally begin debate. According to Terrett, some people involved now want senators on the record regardless of the bill's outcome. Senator Cynthia Lummis also said lawmakers should make a clear choice after negotiations expanded the legislation with additional law enforcement, ethics, and decentralized finance provisions. Kristin Smith, president of the Solana Policy Institute, also pointed to the GENIUS Act as an example of legislation that failed an earlier cloture vote before later passing the Senate. Meanwhile, negotiations continue as senators prepare for the next procedural step. The post CLARITY Act Senate Vote Delayed as Thune Holds Off on Cloture Filing appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
PEPE continues defending a major demand zone, keeping the recovery structure intact despite recent selling pressure. A move above nearby resistance could expose higher technical targets, while support remains the market's primary focus. Lower trading volume and intraday weakness keep traders watching for confirmation before fresh positions emerge. PEPE remains at an important technical stage as buyers defend a major support zone. Market participants now watch whether renewed demand can sustain recovery and challenge overhead resistance. PEPE Maintains Bullish Structure Above Key Support Finora AI shared an 8-hour market outlook centered on a well-defined support area. The analysis maintains a bullish stance while price remains above the highlighted zone. Buyers continue defending that region after several successful retests. Source: X A wedge support level is identified in the range of 0.00000265 to 0.00000260 that indicates a bullish/bearish dichotomy. The previous pullbacks have drawn in fresh buying interest time and again. That behavior suggests accumulation remains active near demand. Price action has also shifted from persistent declines into sideways consolidation. Consecutive lower lows have become less frequent during recent sessions. That change reflects a market attempting to establish stability. Finora AI advised patience instead of chasing higher prices. The preferred approach involves waiting for confirmation near demand. A positive reaction could improve the probability of another upward attempt. Resistance Levels Define the Next Trading Direction The first upside objective remains 0.00000287, according to the shared chart. That level aligns with previous swing highs inside the recovery structure. Buyers must overcome it before stronger momentum develops. Beyond that level, the chart identifies 0.00000310 as the next resistance objective. A broad supply zone surrounds that area. Sustained buying activity would likely be required before testing it. The analysis also warned about temporary moves beneath 0.00000270. Such movements may represent liquidity sweeps instead of confirmed breakdowns. Traders therefore continue watching for bullish confirmation before entering positions. The bullish outlook changes if support fails decisively. A confirmed eight-hour close below 0.00000265 would invalidate the current setup. Attention would then shift toward 0.00000226 as the next demand area. Intraday Weakness Keeps Traders Cautious The CoinMarketCap chart showed PEPE trading under steady intraday selling pressure. Lower highs and lower lows dominated most of the session. Short term buying was difficult to find. Source: Coinmarketcap PEPE is as of writing, trading around $0.000002832, with a 3.32% decrease in price over the last 24 hours. The market capitalization was just over $138.5 million and the fully diluted value was at about $1.17 billion. Trading action slowly fell off the pace during the session. Sellers consistently absorbed recovery attempts after brief rallies. The latest stabilization near session lows has yet to confirm a reversal. For now, both charts emphasize confirmation over anticipation. Holding above the highlighted support preserves the recovery outlook. Losing that foundation would shift attention toward lower technical support levels. The post PEPE Holds Key Support as Bulls Eye Recovery appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.