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The SEC plans to advance two major crypto regulatory initiatives in the coming days, Bloomberg reported. The agency will hold an open meeting Friday to consider a tailored offering regime for certain investment contracts involving crypto assets and could unveil an “innovation exemption” for tokenized securities as soon as the same day. The exemption could pave the way for 24/7 blockchain-based trading of tokenized stocks, while allowing public companies to object to third parties tokenizing their shares and introducing tighter anti-money-laundering safeguards, potentially including a requirement that trading platforms be US entities.

Spot trading volume across 14 major exchanges totaled $429.0 billion in July 2026, down 21.7% from $547.9 billion in June, with all 14 exchanges recording month-over-month declines. Binance ranked first with $196.5 billion in volume, accounting for 45.8% of the total, followed by OKX with $41.6 billion and Bybit with $36.3 billion. The top three exchanges together accounted for 64.0% of total spot volume.
Among the 14 exchanges, Uniswap recorded the smallest month-over-month decline at 9.8%, followed by Kraken at 13.4% and Gate at 15.9%. Bitfinex posted the steepest decline at 59.7%, followed by Coinbase at 26.4% and Bybit at 24.5%.

The Bank of Russia has proposed rules that would cap crypto purchases by non-qualified investors at 300,000 rubles, or about $3,645, per year through each broker, crypto exchange operator or asset manager. Eligible assets would currently be limited to BTC, ETH and USDT, based on criteria including market capitalization, average daily trading volume and at least five years of overseas price history. Qualified investors would face no purchase limit for crypto traded on exchanges or OTC markets. All investors would be required to pass a risk assessment before trading, with public consultation on the draft open until August 24.

Aster announced that Aster Open Standards (AOS) Phase 2, or AOS-2, is now live, extending its open listing framework from spot markets to perpetual futures. Eligible applicants must stake 1 million ASTER for four years with no early exit before proceeding to an onchain validator vote. If approved, Aster will configure the market’s risk parameters and target a T+1 listing; if rejected, the stake will be fully returned. Aster said the application and voting rules will be publicly governed, with AOS-3 to follow.

According to CryptoRank, crypto projects have raised about $1.42 billion through public token sales so far in 2026. Ethereum leads with $334 million, followed by BNB Chain at $288 million, Base at $269 million, Solana at $241 million and Sonic at $206 million. The top five ecosystems account for roughly $1.34 billion, or about 94% of the total, highlighting the high concentration of public token-sale fundraising.

The New York Times identified Chinese businessman Guren “Bobby” Zhou, formerly in charge of Web3Port’s UAE operations, as the figure behind Aqua 1, which invested $100 million in World Liberty Financial’s WLFI token in June 2025, making it one of the project’s largest buyers. Under World Liberty’s revenue-sharing arrangement, as much as roughly $75 million of the investment could have flowed to entities controlled by Donald Trump and his three sons, while also benefiting the family of co-founder Zach Witkoff. The report said Zhou’s source of funds and motivation for the investment remain unclear.
Separately, Web3Port-related parties previously controlled about 5% of MOVE’s supply through Rentech, with roughly 66 million MOVE sold after launch for about $38 million in USDT proceeds. Web3Port was also linked to alleged irregular market-making involving GoPlus (GPS) and MyShell (SHELL).

Statistics compiled by the WuBlockchain team:
https://data.wublockchain.xyz/dashboard/exchange_volume
In July 2026, spot trading volume across major exchanges totaled about $429.0 billion, decreased approximately 21.7% from $547.9 billion in June 2026. The sample covers 14 exchanges, of which 0 rose and 14 fell month over month.
By notional volume, the top three were Binance $196.5 billion (45.8% share), OKX $41.6 billion (9.7% share), Bybit $36.3 billion (8.5% share). On concentration, the largest venue held about 45.8%, while the top three combined for about 64.0%.
The three strongest MoM performers were Uniswap $24.5 billion (-9.8%), Kraken $22.3 billion (-13.4%), Gate $13.0 billion (-15.9%); the three largest declines were Bitfinex $4.1 billion (-59.7%), Coinbase $30.3 billion (-26.4%), Bybit $36.3 billion (-24.5%).
Note: The data may involve significant wash-trading or bot activity. Figures have been preprocessed, including outlier removal, calibration, and standardization.
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CZ: Every country will ultimately need to have its own stablecoin
On July 31, 2026, Binance founder CZ stated in an interview at the ASEAN Tech Summit that the development of the blockchain industry depends on communication with regulators. As demand grows for more efficient payment systems in areas such as cross-border payments and AI, stablecoins are expected to become an important infrastructure for the digital economy. CZ believes that every country will eventually need to have its own stablecoin to support the development of its domestic digital finance ecosystem.

Binance has added Moonbeam (GLMR), ICON (ICX), Moonriver (MOVR), SuperRare (RARE) and Sophon (SOPH) to its Monitoring Tag list. Binance said tokens carrying the tag exhibit relatively higher volatility and risk and are subject to periodic reviews, with potential delisting if they no longer meet the platform’s listing standards. Other services related to the tokens will not be affected.

According to CryptoQuant data, USDT’s 60-day rolling supply change has declined by about $4 billion, including an $870 million drop over the past 11 days alone. Analyst Stacy Muur said some investors appear to be exiting crypto altogether by converting stablecoins back into fiat, while changing stablecoin yields may also be contributing to the decline.

U.S. spot Bitcoin ETFs recorded $145 million in net outflows on Aug. 10, while spot Ethereum ETFs posted $14.59 million in net outflows, according to SoSoValue. Grayscale’s Bitcoin Mini Trust (BTC) bucked the trend with the largest Bitcoin ETF inflow of the day at $37.06 million, while its Ethereum Mini Trust (ETH) led Ether products with $8.59 million.

OpenGradient co-founder and CEO Matthew Wang said his market-making team has funds stuck on BitMart that it is unable to withdraw, alleging that the crypto exchange is insolvent. He also accused BitMart of asking token holders to lock assets on the platform roughly a week before announcing its shutdown, claiming the campaign was primarily aimed at attracting liquidity. The allegations have not been independently verified, and BitMart has not directly responded to Wang’s claims.

Ravencoin said a critical consensus vulnerability was exploited on its network, causing some nodes to accept invalid blocks, with the first known invalid block appearing at height 4,487,776. Mining pools 2Miners and RavenMiner are now building a chain that excludes the affected branch; if it becomes dominant, the network could undergo a reorganization rolling back roughly three days of transactions. Ravencoin advised exchanges to temporarily suspend RVN deposits and withdrawals and treat transactions after block 4,487,775 as potentially reversible.

Anthropic has struck a 20-year, $9.1 billion data-center deal with Riot Platforms to secure 191 MW of computing capacity at Riot’s Rockdale campus in Texas, as the Claude maker races to lock in infrastructure for growing AI demand. The full capacity is expected to come online by June 2028, while two five-year extension options could lift the total contract value to about $16.1 billion.

Bitcoin holders can now convert BTC in kind into shares of BlackRock’s iShares Bitcoin Trust (IBIT) with a minimum transaction size of USD 1 million, down sharply from USD 25 million previously, according to Bloomberg ETF analyst Eric Balchunas. BlackRock digital-assets head Robbie Mitchnick said the firm hopes to lower the threshold further over time, ultimately making the mechanism available at any transaction size.

BitMEX co-founder Arthur Hayes said the most likely path to a stronger yen is not aggressive Bank of Japan rate hikes or large-scale Treasury sales, but Japan using the Federal Reserve’s FIMA repo facility to pledge U.S. Treasuries for dollars and then sell those dollars to buy yen. He argued that if the current USD 60 billion counterparty cap is raised, the Fed’s balance sheet could expand, with roughly USD 1.37 trillion of Treasuries held by the Japanese government and GPIF potentially serving as collateral. Hayes said the resulting dollar liquidity would be bullish for Bitcoin, gold and Ether.

PumpFun generated $10.03 million in protocol fees from August 3 to 9, up 12% week over week and surpassing $10 million for the first time. Over the same period, the platform bought back and burned approximately 2.15 billion PUMP worth about $5.02 million, while ecosystem trading volume reached $2.97 billion, the highest since late January.

Vitalik Buterin said Ethereum’s updated roadmap has significantly shifted since 2023, with quantum safety and privacy moving up in priority while some earlier ideas, including VDFs and parts of the EVM roadmap, have been deprioritized or replaced. New areas include native rollups, blob and gas futures, post-quantum signatures, new state types and a leaner protocol architecture built around STARKs and AI-assisted formal verification. He also said Ethereum may eventually expose simpler execution architectures such as leanISA or RISC-V alongside, or beneath, the EVM.

Keel Infrastructure said it has decommissioned all U.S. Bitcoin mining operations as it repurposes sites for AI and high-performance computing data centers. Q2 revenue fell 50% year over year to $30.4 million, while the company posted a $65 million net loss. Keel also sold 1,085 BTC for about $75 million between April 1 and August 7 and reported approximately $819 million in liquidity.

SharpLink, the second-largest publicly traded Ethereum treasury company, reported Q2 revenue of $11.5 million, including $11.2 million from ETH staking, and a net loss of $394.3 million. The loss included $321 million in unrealized crypto losses and $76.1 million in impairments on LsETH and weETH. SharpLink held 886,881 ETH as of June 30, rising to about 888,938 ETH by August 3.