According to Markus Thielen of 10x Research, Bitcoin would need an additional approximately $1.5 trillion in funding by 2030 to reach a market value of $1 million, which is roughly equivalent to 25% of the market capitalization of the U.S. stock market.
As of August 16, the CEX stock-linked perpetual weekly trading volume has reached $141.84 billion, up nearly 79 times from $1.8 billion at the beginning of 2026. Wu’s blockchain data center shows that trading is concentrated in SNDK, SKHYNIX, and SPCX. Open interest has surged from $89 million to $8.29 billion—about 93 times. In the first half of August, daily trading volume broke through $22.2 billion; it surged by about 9 times over four months, and market interest remains extremely high.
Tornado Cash founder Roman Storm condemns Google and OpenAI as well for being criminally liable for third-party misuse of their tools.
He specifically named IT personnel from North Korea who used ChatGPT to write code and used Gemini to forge images.
Last year, he was convicted of an unlicensed money transfer conspiracy case, and the Department of Justice is seeking a retrial for charges not yet concluded that are scheduled for October.
So far, no organization has taken action against the two companies based on this.
Recently, V has clarified Ethereum’s scaling strategy: UTXO-style state, dynamic state, and extreme scaling all at once—aiming for massive expansion while ensuring decentralization and resistance to censorship can’t be compromised. If you stack these three together, do you think they can all hold simultaneously?
Hong Kong’s first licensed stablecoin was deemed “not up to launch standards” just two days after going live! After blockchain security firm BlockSec reviewed the HKDAP linked to the Hong Kong dollar, it found that a single private key (key) is enough to mint, freeze, and even force-burn users’ tokens—leading the contract to be rated as not production-ready. The issuer, Anchorpoint, has significant backing: led by Standard Chartered, together with HKT and Animoca Brands. However, BlockSec believes the design itself already violates the rules set by Hong Kong’s regulators.
SafePal reportedly leaked order information, affecting nearly 40,000 cryptocurrency wallet users. Hackers exploited an authorization vulnerability in an order-tracking plugin to obtain customers’ personal data such as names, email addresses, shipping addresses, and phone numbers. Although the official statement emphasized that recovery phrases, private keys, and funds were not impacted, it still advises users to stay alert.
DeFiLlama founder 0xngmi reported a fake app to Apple months ago, but got no results. He ultimately loaded his wallet with a small amount of funds, personally downloaded the fake app, and let the scammer steal it—then reported it using the stolen transaction record. Within days, the app was removed.
The only function of the fake app is to request a seed phrase. The scammers used a shoe-shine shop registered forty years ago to pass Apple’s real-name verification.
Does reporting only count after you’ve been robbed once?
CryptoQuant analyst Darkfost points out: about 3.56 million bitcoins have been classified as “lost,” accounting for 17.7% of the circulating supply, the highest ever. The private keys are gone, the seed phrases forgotten, the storage devices destroyed—these coins may never come back and may be unusable forever. In the books’ circulating supply, should these nearly two tenths still be counted?
Fomo’s 17-person team has raised a cumulative total of $94 million, reaching a valuation of $550 million. It turns buying and selling into a “scannable” community feed: tracking trades, viewing positions, and placing orders all happen within the same feed. On Solana and the Robinhood Chain, transaction entry points are starting to look like content products—not wallets.
US spot Bitcoin ETFs saw net redemptions of $332 million over four trading days, reversing all of the rebound from the previous week by 38%. As of August, there is still a net inflow of $521 million, and $BTC has fallen below $63,000. What the four days of outflows changed is the slope, not the fact that money is still flowing in during August. Next, we’ll see whether the redemptions will break through the $521 million monthly net inflow.
Taiwan VASP Association puts Binance on the warning list
This is neither a scam classification nor a claim that Taiwanese users’ holdings are illegal. Crypto won’t disappear—it’s simply starting to be formally regulated.
In fact, this is good news for Binance. And for the crypto industry as well.
Grayscale states that the proposed tokenomics changes for Ethereum and Solana may, before 2031, reduce their annual supply inflation rates to approximately 0.4% and 1.1%, respectively. Lower than gold’s 1.8% and the U.S. CPI at 3.3%. The trade-off is that staking rewards come down as well. Scarcity benefits holders, while interest is taken from stakers.
NVIDIA (NVDA) disclosed that it holds shares in SpaceX (SPCX), Elon Musk’s company, valued at $21 billion. As of the end of the second quarter, NVIDIA held 122.8 million shares of SpaceX.
SpaceX’s First Round of 13G: On June 30, Musk’s Class A equaled 48.4%, Google 7.2%, director Garcias 6.5%, and Thiel and Founders Fund combined 5.5%. On the public roster, Google outpaced Thiel. Musk’s Class B share carries ten votes, with voting power far above this figure.
Berkshire’s big Q2 13F move: Alphabet’s holdings jump to 105,979,600 shares, with a market value of $37.76 billion. Over the course of a single quarter, it leaps from seventh-largest to third-largest, behind only Apple and American Express. The top of the portfolio barely changes—Apple, American Express, and Coca-Cola share counts stay exactly the same. The only other move is Bank of America, trimming its stake by 5.9%.
KULR sold and cashed out about 333 Bitcoins for $21.5 million, paid off a $20 million loan from Coinbase, had 565 pledged coins released, and the mining also stopped. A quarterly loss of $21.97 million. The strategy was to hold coins, but in the end it was changed to paying off loans with cash.
The bill is being challenged in two places: the Democrats argue over the morality clause, and the Republicans argue over stablecoin rewards. Noah’s CEO calls out banks for lobbying, and Citigroup is still pushing the Senate to move faster. Even the banks themselves haven’t lined up on the same side.
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