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ADA gained about 13% after breaking its descending channel, shifting the daily structure toward a recovery phase. Buyers defended the breakout zone as ADA moved above former resistance, keeping the developing recovery structure intact. Trading activity surged alongside the advance, while resistance near $0.21 remains a key test for continued upward momentum. Cardano breakout has shifted market structure after a prolonged decline, with buyers gaining control as price moves beyond established descending-channel resistance. Breakout Changes the Daily Structure ADA broke above a descending channel that controlled price for nearly one year. The pattern featured persistent lower highs and lower lows throughout that period. However, the latest move disrupted that established bearish structure. ZAYK Charts reported a breakout followed by approximately 13% gains. The analyst had previously identified channel resistance as the key technical barrier. Price subsequently moved beyond that boundary and extended higher. Source: X The breakout occurred after repeated attempts to recover from channel support. Each earlier advance had faced rejection near the upper trendline. This time, buyers managed to push price beyond that declining resistance. The current price stands around $0.2003, according to the supplied chart. ADA is also showing a 6.08% daily gain at the displayed reading. Meanwhile, the session low reached approximately $0.189 before the recovery accelerated. Buyers Defend Key Levels After the Advance The move above resistance has created a new technical reference for traders. Former channel resistance can now become potential support during subsequent pullbacks. Holding that zone would keep the breakout structure technically intact. ADA initially climbed toward approximately $0.210-$0.211 after breaking higher. Sellers then emerged around that region and pushed price lower. The retreat nevertheless remained above the broader breakout area. Price later consolidated between approximately $0.200 and $0.205. That range became an important short-term battleground during the session. Buyers subsequently attempted to regain ground after the retracement. The $0.20 level now carries added technical importance for the recovery. Sustained trading above it would preserve the latest upward structure. A move below it could instead expose lower support around $0.195. Volume and Resistance Shape the Next Test The chart shows considerably stronger trading activity accompanying the recent advance. 24-hour volume increased by more than 115% during the observed period. That rise occurred alongside the substantial price recovery. Source: Coinmarketcap Resistance between $0.205 and $0.210 remains an immediate technical obstacle. A sustained move beyond that region would extend the current recovery structure. Repeated rejection could instead keep ADA within its recent range. The longer chart places this move within a broader recovery attempt. ADA previously experienced a major advance during the 2020-2021 market cycle. It subsequently entered an extended period of weakness and compressed price action. The latest breakout therefore marks an important structural development. Sustaining higher highs and higher lows would confirm the ongoing recovery. On the other hand, a move back to the inside of the descending channel may diminish the break and re-establish bear market pressure. The post Cardano Breakout Reshapes ADA Market Structure appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Brazil to Delay Crypto Transfers Above $10,000 by 24 Hours
Brazil's central bank will delay crypto transfers above $10,000 for up to 24 hours when transactions require additional fraud checks. The threshold can apply to individual transactions or combined daily transfers involving overseas providers and self-custody wallets. Brazil's central bank said the measure targets fraud proceeds moved through virtual assets, including stablecoins, without freezing funds. Brazil’s central bank will delay some cryptocurrency transfers above $10,000 for up to 24 hours, according to Reuters. The anti-fraud rules will begin next year and cover transfers to overseas virtual asset service providers and self-custody wallets. The bank said the measure targets fast movement of fraud proceeds through virtual assets, including stablecoins. https://twitter.com/WuBlockchain/status/2085938526135386157?s=20 Brazil Sets $10,000 Transfer Threshold The threshold can apply to one transaction or a customer’s total transfers during one day. Therefore, several smaller transfers could face review when their combined daily value exceeds $10,000. The central bank said other transactions may also face delays under risk-management policies. However, the maximum delay remains 24 hours for transactions requiring additional review. The measure does not freeze assets, according to the central bank. It also does not permanently block transfers, limiting the action to a temporary delay. Stablecoins Included In Fraud Review The central bank said the rules respond to growing use of virtual assets in financial fraud. Notably, it identified stablecoins among the assets used to move proceeds quickly. According to the bank, the delay gives transactions requiring scrutiny additional time before processing. The institution did not provide further details about risk-management procedures. The announcement came Friday, Aug. 7, as Brazil prepares to implement the rules next year. No specific implementation date was provided in the reported information. The threshold covers individual transactions and cumulative daily transfers. Users making multiple payments could reach the review threshold without one transfer exceeding $10,000. Rules Extend Oversight Of Crypto Transfers The central bank’s action focuses on transfers involving virtual asset firms and self-custody wallets. It also allows further review of other transactions under risk-management rules. Reuters reported that the bank introduced the measure as part of new anti-fraud requirements for crypto assets. The rules address the speed at which fraud proceeds can move through virtual assets. The bank stressed that delayed transactions are not permanently stopped. Instead, eligible transfers can remain pending for up to 24 hours while required checks take place. The information provided does not specify penalties, affected service providers, or procedures users must follow during delays. The post Brazil to Delay Crypto Transfers Above $10,000 by 24 Hours appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Galaxy Research confirmed 1,719 BTC stolen in the Coldcard exploit, worth about $111 million, as researchers continue verifying additional losses. More than 250 victims have reported losses to Alex Thorn, with suspected thefts potentially pushing confirmed losses beyond 2,300 BTC. Galaxy said 88% of stolen Bitcoin was at least one year old, while the investigation identified more than 25 attack patterns. Coldcard exploit losses have reached $111 million, according to Galaxy Research, after reports confirmed 1,719 BTC stolen. Galaxy said losses likely exceed $130 million as researchers review additional coins, while Alex Thorn, Galaxy’s Head of Firmwide Research, has received reports from more than 250 victims. The investigation tracks more than 25 attack patterns across Waves 1, 2 and 3. https://twitter.com/intangiblecoins/status/2085752444236005465?s=20 Confirmed Losses Continue To Rise Galaxy said it only confirms coins after establishing high confidence through victim reports. However, outstanding candidates could push losses beyond 2,300 BTC. The confirmed total stands at 1,719 BTC, worth $111 million based on Galaxy’s reported figure. Researchers said total losses likely exceed $130 million as vetting continues. Thorn’s reports show losses ranging from 624 satoshis to 58.97 BTC. By address, the median loss is 0.014 BTC, while the mean is 0.212 BTC. By reported victim, the median loss reaches 1.022 BTC, with the mean at 4.04 BTC. Older Bitcoin Dominates Stolen Coins The stolen coins show an age pattern, according to Thorn. Median dormancy stands at 3.5 years, while 88% of stolen coins were at least one year old. Galaxy said no stolen coin originated onchain before March 17, 2021. That date matches the release of the affected Coldcard firmware. Researchers said there is currently no evidence involving other signing devices or wallets. The affected models are Coldcard Mk3, Mk4, Mk5 and Q. The investigation also tracks multiple threat actors. Galaxy said more than 25 attack patterns appear across Waves 1, 2 and 3. Victim Reports Shape The Investigation Thorn has received reports from more than 250 victims, according to Galaxy. Researchers continue reviewing those submissions to confirm individual losses. Galaxy said the loss profile across Waves 1, 2 and 3 mostly involves everyday bitcoiners. It said the victims are mostly not whales. The research team has not added every suspected theft to its confirmed set. Instead, it requires high confidence, usually through multiple victim confirmations. Galaxy said outstanding candidates could raise confirmed losses above 2,300 BTC. The team continues vetting those coins before making further additions. The post Coldcard Bitcoin Exploit Losses Reach $111 Million, Galaxy Says appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Circle Expands USDC Push as AI Agents Drive Autonomous Payments
Circle's Agent Stack lets AI agents hold USDC, follow spending rules, discover services and make autonomous payments without manual approval. USDC settles about 99% of x402 transaction volume, giving Circle a strong position as AI agents increasingly use programmable payment systems. Circle faces competition from Coinbase, Stripe and Tether as autonomous payment networks expand across stablecoins and other digital assets. Circle is expanding USDC as AI agents begin initiating transactions, according to Shoal Research. The report examines Circle’s Agent Stack, including wallets, Nanopayments, service discovery, and developer tools. It details how agents can hold funds, follow spending rules, find services, and pay programmatically. https://twitter.com/circle/status/2085790934604865916?s=20 USDC Gains Ground In Agent Payment Activity It says software can trigger many agent payments without manual approval. Consequently, transaction count and payment volume may better reflect agent activity. USDT has about $185 billion in circulation, compared with $73 billion for USDC. However, USDC has taken most combined USDC and USDT transfer volume. Its monthly transaction count has increased roughly fivefold in two years. It cites x402, which lets agents pay for web resources through HTTP requests. USDC was its initial payment rail and still settles 99% of x402 transaction volume. Artemis data cited by Shoal Research supports the figure. Circle Adds Tools For Autonomous Payments In May 2026, Circle launched the Circle Agent Stack with five components. They include Nanopayments, Agent Wallets, the Circle CLI, Agent Marketplace, and Circle Skills. Nanopayments support transfers as small as $0.000001. They use Circle Gateway to batch authorizations and reduce settlement costs. Agent Wallets let agents manage funds under preset spending policies. Operators can set spending limits, allowlists, blocklists, and permitted transaction types. The Circle CLI gives developers an interface for wallets, CCTP, Gateway, and policy management. Agent Marketplace helps agents discover x402-compatible services, while Circle Skills provides information for AI coding tools. Circle Faces Competition Across Payment Rails Circle’s Agent Stack builds on USDC, while other companies are developing competing payment systems. Coinbase created x402 and operates its default facilitator. It also offers AgentKit, CDP wallets, and Base. Stripe has developed Tempo and the Machine Payments Protocol, which supports stablecoins, cards, and Bitcoin. Meanwhile, Tether has pursued AI payments through its QVAC SDK and Wallet Development Kit. It notes an issue for Circle’s business model. Agents may increase transaction activity while using funded wallets more frequently, increasing velocity without matching growth in stablecoin balances. Circle scheduled Arc’s mainnet launch for September 2026, using USDC as its native gas token. The post Circle Expands USDC Push as AI Agents Drive Autonomous Payments appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
John Thune Plans September CLARITY Act Vote After Senate Delay
John Thune still plans to seek a CLARITY Act procedural vote before the August recess, with Senate consideration possible in September. Senate negotiations remain focused on stablecoin yield provisions and unresolved ethics issues as lawmakers work to secure enough votes. Coinbase's Faryar Shirzad defended CLARITY's stablecoin rules, arguing the bill would prevent passive yield while supporting regulated innovation. Senate Majority Leader John Thune still plans to seek a procedural vote on the CLARITY Act before August recess. Journalist Eleanor Terrett reported Saturday that Thune's office told crypto industry leaders about the plan. The move could allow lawmakers to vote on the bill when the Senate returns in September. Senate Talks Focus On Yield And Ethics According to Terrett, negotiators still need votes that currently remain unavailable. They also face renewed disagreements over stablecoin yield provisions. The issue has gained attention after recent Wall Street Journal opinion pieces. Banks have also pressed Republican senators to change parts of the bill. However, negotiators must address another issue involving ethics. Terrett reported that sources had received no update from the White House on an agreement. Coinbase Chief Policy Officer Faryar Shirzad said the Senate's failure to begin consideration this week was disappointing. He welcomed Thune's stated intention to take up the legislation in September. Shirzad said financial regulators continue using existing powers to provide clearer digital asset rules. He also said governments and financial institutions outside the United States are advancing blockchain adoption. Debate Grows Over Stablecoin Rules Shirzad also criticized a Wall Street Journal editorial that questioned CLARITY's stablecoin provisions. He disputed claims that the bill creates a loophole allowing passive stablecoin yield. According to Shirzad, the GENIUS Act created a regulated market for payment stablecoins. He said CLARITY would prohibit passive, deposit-like rewards while allowing incentives linked to stablecoin use. Shirzad also challenged concerns about community bank deposits. He cited Charles River Associates research that found no evidence of community-bank deposit flight during USDC's growth. He added that roughly 70% of dollar stablecoins are held outside the United States. Shirzad also said GENIUS requires stablecoins to maintain one-to-one backing with cash and highly liquid reserves. Meanwhile, he argued blockchain infrastructure could give smaller banks access to continuous settlement and cross-border payments. He said stablecoins could also provide treasury services without megabank infrastructure. Shirzad said September should be the point when lawmakers complete work on CLARITY. Thune's office has not indicated that the planned September consideration has been abandoned. The post John Thune Plans September CLARITY Act Vote After Senate Delay appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Trump Media Scraps CRO Treasury Deal as Crypto Plans Fade
Trump Media terminated its planned CRO treasury venture with Crypto.com and Yorkville, citing market conditions and changing business priorities. The company is scaling back prediction market ambitions, choosing to distribute Crypto.com's products rather than operate its own market infrastructure. Trump Media is prioritizing media, data licensing and its TAE merger while continuing to hold 9,542 BTC from its broader crypto strategy. Trump Media and Technology Group is ending its planned CRO treasury venture with Crypto.com and Yorkville Acquisition Corp. Axios reported Friday that the company is also scaling back prediction market plans. Interim CEO Kevin McGurn said the company is refocusing on media, data licensing and its TAE merger as treasury competition grows. https://twitter.com/WuBlockchain/status/2085827910695555525?s=20 CRO Treasury Deal Ends Trump Media, Crypto.com and Yorkville mutually agreed to terminate Trump Media Group CRO Strategy. The companies cited prevailing market conditions and changing business and stakeholder priorities. The proposed venture would have built a publicly traded company around Crypto.com's CRO token. It also planned to earn returns by staking its holdings. The companies also ended a services agreement and related digital asset products. However, Yorkville America's America First ETFs will continue under the Truth Social Funds brand. Trump Media bought $105 million of CRO in September 2025 through its Crypto.com partnership. That deal also included plans for CRO rewards in Trump Media products. Prediction Market Plans Shift Trump Media is also changing its plans for prediction markets on Truth Social. Instead of integrating Crypto.com's prediction products, the company plans to market them to its users. McGurn told Axios that prediction markets have become more competitive. He said Trump Media sees greater value in distribution and data than operating market infrastructure. McGurn said competitive dynamics, rather than regulatory concerns, drove the CRO decision. Media And Data Take Priority The changes put more focus on Trump Media's media business, data licensing and its TAE merger. McGurn said the company hopes to complete the merger before the end of 2026. Trump Media's API business now has about 10 customers, up from roughly five previously. Its customers include high-frequency trading firms using Truth Social data for algorithmic trading. McGurn said news organizations and indexes are also approaching the company. He added that Trump Media is exploring licensing deals with large language model developers and prediction-market platforms. Meanwhile, Trump Media held 9,542 BTC at the end of the second quarter. Earlier this week, it moved 2,628 BTC worth about $165 million to addresses associated with Crypto.com. The post Trump Media Scraps CRO Treasury Deal as Crypto Plans Fade appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Bybit Sues North Korea and Lazarus Group, Secures Preliminary Injunction Freezing Stolen Assets i...
Lawsuit accuses North Korea and Lazarus Group of orchestrating the $1.5 billion theft, as court-ordered asset freeze supports recovery efforts and Bybit expands collaboration with law enforcement and industry partners to strengthen accountability for crypto-related cybercrime Bybit, the world's second-largest cryptocurrency exchange by trading volume, today announced that it has filed a civil lawsuit in the U.S. District Court for the District of Columbia against the Democratic People's Republic of Korea (DPRK), its Reconnaissance General Bureau (RGB), and the Lazarus Group, which U.S. authorities have identified as the DPRK-linked hacking group responsible for the February 2025 cyberattack. Bybit has also secured a preliminary injunction freezing identified stolen assets held by the unidentified individuals and entities holding or moving those funds, named in the case as John Doe defendants. The order is intended to preserve identified stolen digital assets while the litigation continues, representing an important step in Bybit's ongoing efforts to recover funds, support international law enforcement investigations, and reinforce accountability for large-scale cybercrime. Indeed, the court found that "Bybit has demonstrated a likelihood of success on the merits" in its lawsuit. The legal action forms part of a broader strategy combining blockchain intelligence, international cooperation, and judicial remedies to pursue the illicit actors responsible for what the court, in granting the initial temporary restraining order, described as "one of the largest cryptocurrency thefts in history." While criminal investigations remain the responsibility of government authorities, the civil proceedings provide an additional avenue for preserving assets and protecting the interests of affected stakeholders. "Our focus has never changed: protect our users first, recover what we can, and make sure the people behind these attacks are held accountable," said Ben Zhou, Co-founder and CEO of Bybit. "The Lazarus attack wasn't just an attack on Bybit. It was an attack on trust in our industry. That's why we've worked closely with investigators, exchanges, regulators, law enforcement, and now the courts. We hope this marks another step toward making crypto a much harder place for criminals to operate in and a much safer place for everyone else." Strengthening Accountability Through Legal Action The preliminary injunction prohibits the transfer or dissipation of identified assets connected to the case while litigation continues. Bybit intends to seek additional judicial relief as the proceedings advance. The civil action is being pursued independently of ongoing criminal investigations conducted by U.S. law enforcement authorities. Bybit continues to cooperate closely with relevant agencies, including the FBI, by sharing blockchain intelligence and investigative findings that may support broader enforcement efforts. As digital assets increasingly become a target of sophisticated cross-border cybercrime, the company believes legal remedies, alongside criminal enforcement, can play an important role in preserving recoverable assets and strengthening accountability. Global Collaboration Driving Asset Recovery Since the February 2025 incident, Bybit has worked alongside blockchain analytics firms, exchanges, custodians, and international law enforcement agencies to trace stolen assets and disrupt laundering networks. To date: Approximately US$48.4 million in stolen assets has been recovered. Over approximately US$30.5 million has been frozen across more than 28 exchanges and custodians, pending further legal and investigative action. These efforts have also supported broader enforcement actions targeting infrastructure allegedly used to launder stolen funds. Authorities in Germany dismantled the cryptocurrency exchange eXch, while German and Swiss authorities later disrupted Cryptomixer.io, removing key channels used to move illicit proceeds. Together, these actions demonstrate the impact of effective cooperation between the private sector and law enforcement in combating transnational cybercrime. "The real test comes after the crisis," Ben added. "That's when you show whether your commitment is real. For us, that means continuing to strengthen our security, working hand in hand with investigators and industry partners, and doing everything we can to protect our users. Trust isn't something you claim. You have to earn it through action, every single day." Building a More Resilient Digital Asset Ecosystem The legal proceedings represent one component of Bybit's broader commitment to improving security standards across the cryptocurrency industry. The company continues to invest in advanced blockchain intelligence capabilities, deepen cooperation with exchanges and regulators, and support initiatives aimed at making digital asset theft increasingly difficult, traceable and costly for criminal organisations. This action reflects Bybit's commitment to holding state-sponsored threat actors accountable and using all available legal avenues, both civil and in cooperation with law enforcement, to disrupt cybercrime targeting the digital asset industry. The civil proceedings remain ongoing. Bybit will continue to cooperate with relevant authorities and provide updates as permitted by the court. #NewFinancialPlatform About Bybit Bybit is The New Financial Platform. We believe every person should have access to every financial opportunity on earth. That's why we're building the first intelligent platform that connects anyone, anywhere to the world's finance. Trusted by more than 80 million users worldwide, Bybit brings together investing, trading, payments, and wealth-building in a single secure and intelligent ecosystem. Through the combination of AI-powered technology, deep global liquidity, robust security, and transparent operations, Bybit makes global finance more accessible, efficient, and empowering for everyone. Built for everyone. Powered by intelligence. Open to the world. Learn more at Bybit.com. For more details about Bybit, please visit Bybit Press For media inquiries, please contact: media@bybit.com For updates, please follow: Bybit's Communities and Social Media Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube 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 Bybit Sues North Korea and Lazarus Group, Secures Preliminary Injunction Freezing Stolen Assets in Landmark Crypto Asset Recovery Effort appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
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.