BeInCrypto Brasil

Bitget announced yesterday (14) the appointment of Noah Cheung as country manager for Brazil. The position is equivalent to the general director role for a national operation. Cheung will now lead the exchange’s strategy in the Brazilian market.
The company presents itself as the largest UEX in the world. The acronym stands for universal exchange, or universal brokerage. The term describes platforms that bring together crypto trading, financial products, and infrastructure services in a single environment.
In his new role, Cheung will oversee the company’s relationship with Brazil’s digital asset ecosystem. He is also expected to strengthen ties with local market participants and support Bitget’s long-term strategy in the country, always in compliance with applicable laws and regulatory requirements.

Disney shares closed at US$106.85 on Friday, up 1.96% on the day and 11.19% over the last month. Marvel Studios released a new Avengers: Doomsday trailer at D23 hours before.
The rally began well before the release of this material. Disney posted a strong result for the fiscal third quarter this month, and the shares have been rising steadily since then.
What really drove Disney’s shares this month?
Financial results were the main driver of this move, not Marvel. Disney’s most recent quarter showed revenue of US$25.2 billion, up 7% year over year, and segmented operating profit of US$5.6 billion. Adjusted earnings per share reached US$2.06, versus US$1.61.

A solution that connects the circular economy, income generation, and child protection in Boipeba, in the south of Bahia, with blockchain and programmable money. This is the proposal of Raízes do Futuro, the winning project of the first edition of the Youth Challenge Blockchain UNICEF, an initiative carried out with support from Superteam Brasil (STBR) and Blockchain Rio.
Onchain circular economy
In Boipeba, the group’s proposal is to transform the work of collecting and recycling waste into a source of resources capable of directly financing needs related to the health and education of children in the community.

Justin Sun claims that Binance’s restrictions on HTX affect only users in the United Kingdom and the European Union. The statement from Binance itself does not establish that limit.
The founder of HTX made this statement with the deadline of August 23 approaching. He also said that HTX is already in negotiations with authorities from the United Kingdom and the European Union.
What Sun said
The comments were published in a post on X on Friday night, just a few hours after the announcement of Binance’s blacklist.

Tom Lee, of Fundstrat, predicts the S&P 500 will reach 8,000 by the end of August. He also estimates a 10% correction and argues that the market would benefit from going through that adjustment.
Lee presented his analysis on CNBC after a slight July inflation print boosted stocks to new all-time highs. Crypto investors who track Bitcoin at $63k may find the argument uncomfortably familiar.
Why does Tom Lee prefer a correction before the moves reach 8,000?

BeInCrypto’s analysis on licensing records in Europe points to the leadership of custody firms and banks. Authorizations to operate trading environments are rare; Circle dominates the supply of compatible stablecoins, and enforcement actions are concentrated in a single country.
The transition period for cryptoassets in Europe ended on July 1, 2026. About forty days later, the licensed market is still taking shape.
The register of the European Securities and Markets Authority, updated on August 12, shows 329 authorization lines. These correspond to 324 identifiable legal entities, since some companies appear more than once due to additional permissions or duplicate registrations.

In the last 24 hours, the price of XRP fell again below $1, despite record adoption metrics on the XRP Ledger (XRPL). The altcoin is testing a level it defended for years.
This drop makes a thesis that relies almost entirely on institutional demand and network growth harder to sustain.
What price movement really shows
A psychological support is a round number that investors collectively defend, often without considering fundamentals. XRP remained above $1 for 635 consecutive days.

Binance will stop processing transfers to and from HTX and 10 other crypto platforms on 23 August. Any amount sent after that date may be held for compliance review.
Binance did not draw up this list. It matches exactly, item by item, the crypto companies in the most recent EU sanctions package.
The list came from Brussels, not from Binance.
The EU adopted Council Regulation 2026/1848 on 23 July. It bans transactions with 14 crypto platforms and payments. Eleven of them will become illegal to use as of 23 August.

According to reports, OpenAI raised its annualized revenue to more than $40 billion. This pace represents approximately double what the company recorded at the end of 2025.
The figure reinforces expectations for a public stock offering, but it comes in the context of a wave of departures by top executives.
What is driving OpenAI’s annualized revenue?
Three main fronts explain most of this progress. ChatGPT subscriptions continue to grow, AI coding software has rapidly scaled up, and the still relatively new advertising area has begun contributing to the total.

Nvidia’s (NVDA) stock is trading near all-time highs, at $225.30, up about 7% this week, ahead of earnings on August 26. Even so, history raises a warning. The stock fell the day after results were released on six occasions since August 2024, and on all of those times the chipmaker itself, Taiwan Semiconductor (TSMC), performed better in absorbing the impact.
Analysts now rate TSMC as a Strong Buy, projecting upside of about 27%. A second supplier, Ciena (CIEN), outperformed Nvidia in sixteen instances over the past year. Next, we explain why this pattern may repeat and who is likely to benefit if it does.

The Brazilian government has started the process to apply reciprocity measures against the United States. The announcement was made yesterday (13) and responds to the tariffs imposed by the U.S. government on Brazilian products.
The Itamaraty forecast is that the Brazilian Embassy in Washington will formally notify the United States this Friday (14). All areas involved in the matter are being informed. These include the State Department and the USTR, the office of the United States trade representative.

The Ethereum Foundation is dropping the Poseidon hash function in its base layer, migrating to alternatives like SHA or BLAKE, according to researcher Justin Drake.
The shift redefines the network’s long-term roadmap to resist quantum computers in the future. Drake announced the decision on August 13, calling it the culmination of eight years of research.
Ethereum abandons Poseidon in post-quantum security upgrade
The Ethereum Foundation has been funding “SNARK-friendly hashes” since 2018. Poseidon was introduced in 2019, becoming the dominant SNARK-friendly hash.

The White House will convene executives from the cryptoassets industry and from prediction market platforms next Wednesday, according to three sources familiar with the planning. The guest list has not yet been finalized, and representatives from the traditional financial sector may also participate.
The moment is relevant. Regulators will hold a meeting with many of the same executives 24 hours later. This way, Washington will have two consecutive days of contact with the sectors that are pushing for new federal rules.

The UK Financial Conduct Authority (FCA) and the crypto exchange HTX are negotiating an agreement to end a case over illegal cryptoasset advertisements. The High Court in London ruled that the parties have until the end of August to reach an understanding.
For British users, any eventual agreement would have limited impact. The proceedings deal exclusively with advertising, not the refund of amounts.
What have users in the UK already lost?
HTX has been on the FCA alert list since October 2023. After the process began in October 2025, HTX stopped receiving new British customers, although existing users continued to access their accounts.

KPMG U.S. issued an unmodified opinion on Tether’s financial statements for 2025, representing the first full audit in the stablecoin issuer’s history.
The audited data show reserves higher than liabilities by US$ 6.814 billion as of December 31, 2025. The most recent quarterly report from Tether itself indicates this margin at US$ 4.11 billion.
What KPMG actually attested
The audit covers Tether International, S.A. de C.V., for the fiscal year ended December 31, 2025. An unmodified opinion is the strongest position an auditor can issue, meaning there are no restrictions or qualifications.

On Thursday, Trezor confirmed that a security flaw in one of its logistics companies exposed personal data of 13,689 customers. Names, residential addresses, phone numbers, and email addresses were obtained.
No crypto was moved. According to Trezor, its own systems, devices, and wallet backups were not accessed. The incident involved an external supplier.
What did the Trezor data breach expose?
ShipMonk stores and ships Trezor orders. On August 10, it notified Trezor that an attacker had gained access to systems containing customer records.

Micron’s (MU) shares are being traded around $911 after a 189% rise in 2026. However, Wall Street still sees about 70% upside potential. This optimism is justified: the world faces a shortage of essential memory to power artificial intelligence, and Micron is very well positioned to meet that demand.
Even so, part of this scenario has already been priced in. Therefore, the real test now is whether demand and long-term contracts can sustain profits, and a certain level on the chart may determine the next move in prices.

XRP (XRP) recorded a decline over the past month, while the major tokens saw only modest gains. The coin is now close to $1.
The difference becomes even clearer in on-chain data. Large investors continue accumulating, but spot ETF inflows have stopped and Binance traders have started selling.
XRP price falls while large wallets keep buying
BeInCrypto reported that the XRP price briefly fell below $1 this week. It was the first time the token broke through that level since the end of 2024.

Twitch now uses live streams, video files, and chat logs in Amazon's generative AI training by default. Every creator starts with the option enabled.
Twitch communicated its August 12 update as a new privacy control. However, most streamers interpreted the message as evidence that collection had already started.
Why do streamers reject Twitch's AI training standard?
The feature is located at the bottom of the Security and Privacy tab. That's why almost nobody found it without a tutorial.

Shares of SpaceX (SPCX) rose 12% yesterday (12), reaching US$149.29. This represents a 36% gain over five sessions and more than US$500 billion in additional market value.
The boost came from software, not rockets. SpaceXAI, the company’s artificial intelligence (AI) division, launched Grok 4.6. This segment reported a loss of US$1.26 billion in the last quarter.
Introducing Grok 4.6.
It delivers frontier intelligence and is a significant improvement over Grok 4.5 at the same price. pic.twitter.com/RtTbpXcb3a