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XRPL’s roadmap targets post-quantum security through testing, hybrid deployment and a planned full transition by 2028 across the network. Chart data claims only 0.03% of XRP supply is exposed, while Bitcoin’s cited exposure reaches 35% under its stated security model. XRP trades near $1.04, while quantum planning adds a longer-term security focus for blockchain infrastructure and future migration. XRPL is targeting post-quantum security by 2028, placing cryptographic readiness at blockchain infrastructure’s core. The roadmap addresses quantum threats through testing, hybrid deployment, migration, and broader network preparation. Quantum Computing Raises Blockchain Security Concerns The chart centers on a possible quantum threat to current cryptographic systems. It references a hypothetical 500,000-qubit machine capable of attacking exposed keys. The displayed scenario estimates that such attacks could potentially occur within minutes. https://twitter.com/strivex_/status/2086328975048208666?s=20 The graphic places a nine-minute estimate beside the quantum threat indicator. That figure describes a future scenario, rather than an existing computing capability today. Engineering and error-correction challenges remain significant for large-scale quantum systems. Ledger Man described the threat as severe for unprepared blockchain networks. He also stated that quantum preparations have already moved beyond theoretical discussion. His comments frame cryptographic migration as an infrastructure planning issue for blockchain networks. The underlying concern involves public-key cryptography used across many blockchain systems. Quantum algorithms could eventually challenge cryptographic methods that remain secure today. Therefore, migration planning becomes relevant before quantum machines reach practical scale. XRPL Roadmap Sets a 2028 Security Target The chart shows a staged pathway toward post-quantum protection by 2028. It begins with a Q-Day protocol phase and continues through NIST testing. The roadmap then moves toward hybrid deployment before full transition. This structure indicates that migration would occur through several technical stages. Testing allows developers to assess algorithms, compatibility, and operational requirements before deployment decisions. Hybrid deployment could support gradual adoption before broader network migration. The chart also claims limited XRP exposure compared with Bitcoin’s cited exposure. It lists 0.03% exposure for XRP and 35% for Bitcoin. Those figures depend on the methodology used to define cryptographic exposure. Such exposure can vary according to account activity and public-key visibility. Therefore, the displayed percentages represent the chart’s stated security model. They should not be treated as universal measurements across every wallet. XRP Price Meets Long-Term Security Narrative XRP as of writing trades near $1.04, according to CoinGecko’s live market data. The asset has gained 6.2% over seven days on that data feed. Its current market value remains separate from the quantum-security roadmap. The security narrative instead focuses on infrastructure readiness over immediate market movements. A successful migration would require testing, coordination, compatibility, and careful implementation. These requirements make the 2028 target a multi-stage development process. The chart presents quantum resistance as a future infrastructure priority for blockchain networks. Its roadmap suggests preparation can begin before quantum computing becomes operationally threatening. That approach places technical readiness ahead of emergency migration requirements. For XRP holders, the central development remains the proposed security transition. The stated pathway moves from testing toward hybrid deployment and full migration. The broader message concerns preparation for changing cryptographic requirements across digital assets. The post XRPL Targets Post-Quantum Security by 2028 appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Bitcoin Institute Calls for Frontier AI Access to Strengthen Crypto Security
Digital asset groups want frontier AI labs to provide trusted open-source defenders access to advanced models for security research. The coalition seeks secure testing environments, computing resources and direct communication channels for vulnerability reporting. Supporters say stronger AI access could help defenders protect wallets, cryptographic libraries, custody systems and payment networks. Bitcoin Policy Institute and digital asset groups are asking frontier AI labs to give qualified open-source defenders trusted access to advanced models. The coalition says developers need stronger AI tools to review financial software, wallets, libraries and other infrastructure. It also wants secure environments, enough computing capacity and direct channels for coordinated vulnerability reporting. Coalition Targets Gaps In AI Security Access According to the Bitcoin Policy Institute, open-source developers often have limited access to advanced cyber models. Public frontier systems can also block legitimate security research through their safety controls. As a result, some defenders rely on less capable open-weight models for security reviews. The coalition said this creates a gap between defenders and attackers using stronger AI capabilities. The group said the issue affects infrastructure supporting Bitcoin and the wider digital asset sector. That infrastructure includes signing devices, cryptographic libraries, custody systems, exchanges and payment networks. The institute said Bitcoin alone secures more than $1 trillion in value. It added that the broader digital asset ecosystem involves trillions of dollars across related infrastructure. AI Tools Could Support Vulnerability Reviews The coalition said advanced AI can search large codebases and identify potential weaknesses. It also said these systems can accelerate complex security work for defenders and attackers. However, frontier labs and selected partners can access emerging cyber capabilities before wider users. The coalition said qualified open-source defenders often lack similar access. The Bitcoin Policy Institute said maintainers have reported sophisticated attacks that strain small development teams. It said some reports involved potential foreign adversaries using advanced AI capabilities. Meanwhile, developers continue using available open-weight models to review wallets, protocols and open-source tools. The institute said these efforts have already produced security findings and fixes. The coalition wants earlier access to stronger models before attackers widely obtain similar capabilities. It also requested reasonable computing budgets for long-running security reviews. Groups Seek Trusted Programs For Defenders The proposed programs would offer controlled access to advanced cyber-capable models. The coalition also wants pre-release access where appropriate and secure environments for private code. Additionally, it wants eligibility for nonprofit groups, independent maintainers, companies and governments. Direct communication with AI lab security teams would support disclosure and remediation. The digital asset industry said it can help identify credible participants and establish participation standards. It also offered to coordinate remediation when security issues emerge. The post Bitcoin Institute Calls for Frontier AI Access to Strengthen Crypto Security appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
The SEC will consider proposed crypto offering rules on August 14, starting a regulatory process that includes public comments and review. The framework could create registration exemptions and safe harbors for certain crypto offerings under the SEC’s broader regulatory plans. The SEC initiative comes as the Senate delays the CLARITY Act, with a potential cloture vote scheduled for September 15. The SEC will consider a new crypto offering framework Friday, August 14, as lawmakers remain divided over the CLARITY Act. The open meeting starts at 10 a.m. ET and will address proposed rules for certain investment contracts involving crypto assets. The move could begin a separate regulatory process while Congress continues negotiating legislation. SEC Opens Door To New Crypto Offering Rules According to journalist Eleanor Terrett, the SEC will consider whether to issue the proposed rules. The meeting would represent the first formal step toward creating a tailored offering regime. However, the SEC would not adopt the rules during Friday’s meeting. Under the usual process, a proposal would enter a public comment period before further review. The agency would also conduct economic analysis and consider potential revisions. A separate commission vote would then determine whether the rules become final. According to Crypto In America, the framework could include registration exemptions and safe harbors for certain crypto offerings. The initiative appears connected to the SEC’s broader Regulation Crypto Assets plans. The agency may also build on a March interpretation with the CFTC. That interpretation established five token categories and clarified when crypto investment contracts begin and end. CLARITY Act Delay Shapes Regulatory Path The SEC meeting comes after the Senate failed to advance the CLARITY Act before its August recess. Senate Republicans plan to test the bill with a September 15 cloture vote. However, disagreements remain over ethics restrictions, stablecoin rewards and enforcement powers. The Senate also faces unresolved negotiations involving the Blockchain Regulatory Certainty Act and commodities provisions. SEC Chair Paul Atkins has previously said the agency could address several market structure issues. Still, he has said congressional legislation would provide clearer long-term direction. Atkins also said the SEC was considering rules covering onchain exchanges, brokers, dealers, clearing agencies and crypto vaults. Commissioners Hester Peirce and Mark Uyeda have also discussed avoiding action that could preempt Congress. Tokenization And CFTC Plans Remain Separate The SEC’s meeting notice does not mention its planned tokenization innovation exemption. Its rulemaking agenda also includes crypto custody, broker-dealer and transfer-agent proposals. Meanwhile, the CFTC announced its Innovation Advisory Committee will hold its first meeting August 20. The panel includes representatives from Coinbase, Ripple, Robinhood, Kraken, Gemini, Polymarket, Kalshi, CME and Nasdaq. Coinbase Chief Policy Officer Faryar Shirzad said regulators can continue using existing authority. The SEC has not publicly responded to requests for comment on the proposal. The post SEC Sets Friday Vote on New Crypto Offering Rules appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
ForumPay Expands Payment Infrastructure with New Card and Bank Transfer Acceptance Solution
Milton, Georgia, August 11th, 2026, Chainwire Businesses are increasingly looking for ways to offer more payment options without adding operational complexity. ForumPay, a crypto payment infrastructure company, enables merchants to accept crypto payments across online, in-store, and in-app channels, with instant conversion and next-day settlement. ForumPay has recently announced a new payment flow that it says could meaningfully alter how payments are processed. Customers can now initiate purchases using any Visa or Mastercard and bank transfers in selected markets, with funds routed automatically through ForumPay's infrastructure. Merchants can now offer card and bank payments without registering as a card acceptance businesses, sidestepping chargeback liability and PCI-DSS compliance costs while still receiving precisely the amount invoiced. This latest ForumPay release represents one of the more ambitious developments yet to bridge the gap between traditional payment rails and crypto infrastructure. Built for Modern Payment Acceptance Businesses increasingly want to offer customers greater flexibility at checkout, but additional payment methods tend to bring additional operational and cost burdens. Card acceptance, in particular, can introduce chargeback exposure, compliance requirements, fraud management responsibilities, and more complex settlement processes, challenges that only grow more acute for organizations operating across multiple markets. ForumPay's innovative new payment flow is designed to solve these issues. Customers can initiate payments using any Visa, Mastercard, or bank transfer in selected markets, with those funds automatically used to purchase crypto and processed through ForumPay's existing crypto payment infrastructure, with all of the inherent features and benefits, and converted and settled as per the preferences a merchant has already established on their account. Merchants will receive exactly the amount invoiced. For example, if a customer is billed $100, then $100 is what arrives in the merchant's preferred bank account. Critically, ForumPay will pass the additional card and bank transfer costs directly to the payer, meaning merchants pay only their usual crypto acceptance fees that would apply to any transaction processed through the platform. The approach allows businesses to expand the choice of available payment methods at checkout without taking on the compliance architecture, risks and costs that card acceptance would ordinarily require. More Payment Options, the Same Operational Footprint Businesses increasingly want to offer customers greater flexibility at checkout, but incorporating additional payment methods tend to bring with it additional operational burdens. Card acceptance, in particular, can introduce chargeback exposure, compliance requirements, fraud management responsibilities, and more complex settlement processes, challenges that only grow more acute for organizations operating across multiple markets. ForumPay's new payment flow is being designed to address this friction. Customers will be able to initiate payments using any Visa, Mastercard, or bank transfer in selected markets. Those funds are then automatically used to purchase digital assets and processed through ForumPay's existing infrastructure, allowing merchants to continue receiving funds according to their established settlement preferences without having to overhaul their operations to accommodate the new options in the process. The approach, ForumPay says, allows businesses to expand what they can offer at checkout without taking on the compliance architecture that card acceptance would ordinarily require. About ForumPay ForumPay is a complete cryptocurrency-to-fiat payment technology firm; its core processing technology helps businesses attract new customers, optimize customers’ ability to spend, and increase revenue. ForumPay’s wallet-agnostic solution enables crypto consumers to spend their preferred cryptocurrency, from any wallet for everyday goods and services to luxury goods, automobiles, real estate, and private jets. ForumPay eliminates merchant exposure or risk by processing transactions with instant crypto-to-cash conversion. ForumPay merchants receive payments in the currency of their choice directly into their bank account. The transactional experience is similar to accepting other popular payment methods, including cash, credit cards, and bank transfers, but simpler, faster, and more secure. ContactDirector Global Account Management Paul Wordsworth ForumPay paul@forumpay.com 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 ForumPay Expands Payment Infrastructure with New Card and Bank Transfer Acceptance Solution appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Senate Delays Clarity Act Vote as Thune Sets September Path
Majority Leader John Thune filed cloture, placing the Clarity Act on track for a potential procedural vote on September 15. Senators remain divided over ethics provisions tied to Trump’s crypto interests, with bipartisan negotiations continuing during the recess. Stablecoin safeguards and yield provisions remain key sticking points as lawmakers work toward a compromise before September. The Senate delayed a procedural vote on the Clarity Act, but Majority Leader John Thune filed cloture before the August recess. The filing places the bill on the Senate’s September schedule, with a potential procedural vote set for September 15 after lawmakers return from their five-week break. Thune Sets Clarity Act Vote For September Thune filed cloture on the motion to proceed early Saturday morning. The move followed Republican frustration after the Senate left Washington without scheduling the expected vote. Sen. Cynthia Lummis, the bill’s Republican sponsor, said she remained frustrated by the delay. However, the filing gave the legislation a scheduled path when lawmakers return. According to Crypto In America, Thune’s staff had told industry leaders Friday that the filing was expected. The Senate will reconvene September 14 for a three-week session. Meanwhile, negotiations remain focused on an ethics agreement involving President Trump’s crypto interests. Sen. Thom Tillis said the bill’s passage odds could fall sharply as midterm elections approach. Ethics Deal Remains Central To Talks Democrats sought more time for negotiations, according to Punchbowl News. Republicans blamed Democrats for resisting compromise, while Democrats pointed to the White House’s position. Banks also opposed parts of the bill, particularly its stablecoin safeguards. Two Republican senators have raised concerns about supporting the legislation without changes. Lummis and Sen. Bernie Moreno responded by joining the bipartisan Credit Card Competition Act. Sens. Roger Marshall, Peter Welch and Dick Durbin also support that measure. A bipartisan ethics proposal from Tillis and Sen. Ruben Gallego would give state attorneys general enforcement authority. Bloomberg reported that it would also require Trump to divest from crypto-related business interests. Trump said he could accept placing his family’s crypto businesses in a blind trust. However, he objected to provisions that would apply specifically to him. Crypto Industry Waits For September Fairshake and its affiliates recently reported nearly $129 million in combined cash. Without a Senate vote, the political network lacks a new roll call for election spending decisions. Cody Carbone, CEO of the Digital Chamber, said industry participants expect to remain in “ethics limbo” during the recess. Further discussions may cover the Blockchain Regulatory Certainty Act and commodities provisions. Negotiators may also revisit stablecoin yield provisions to address Republican concerns. Senators, lobbyists and industry representatives will have five weeks before the Senate returns. The White House had not publicly responded to the bipartisan ethics counteroffer as of Friday. The post Senate Delays Clarity Act Vote as Thune Sets September Path appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
SharpLink Posts $394M Loss as ETH Staking Revenue Surges
SharpLink posted $11.5 million in Q2 revenue, with ETH staking contributing $11.2 million despite a $394.3 million net loss. The company held 886,881 ETH on June 30 and increased its holdings to 888,938 ETH by August 3. SharpLink recorded $321 million in unrealized crypto losses and $76.1 million in non-cash asset impairment charges. SharpLink reported a $394.3 million net loss for Q2 2026, despite revenue reaching $11.5 million. The company said ETH staking generated $11.2 million of that revenue, while unrealized crypto losses and asset impairments drove most of the quarterly loss. ETH Staking Drives Quarterly Revenue SharpLink’s revenue rose from $0.7 million a year earlier as its ETH treasury strategy operated throughout the quarter. However, SG&A expenses also increased to $9.1 million from $2.4 million. The company recorded $321 million in unrealized losses tied to ETH market conditions. Additionally, SharpLink booked $76.1 million in impairment charges on LsETH and weETH. According to SharpLink, those charges are non-cash accounting losses. They did not reduce the number of ETH or ETH-equivalent tokens held. However, the impairments reduced the carrying value of LsETH and weETH under U.S. GAAP. SharpLink said those charges will not reverse if market prices recover. SharpLink Raises ETH Holdings SharpLink held 886,881 ETH on June 30, worth about $1.4 billion under U.S. GAAP. Holdings increased to 888,938 ETH by August 3. On June 23, the company completed a $75 million registered direct offering. It issued 10,013,351 shares and accompanying warrants at $7.49 per share and warrant. SharpLink used part of the proceeds to buy about 10,000 ETH. The average purchase price was approximately $1,611 per ETH. Meanwhile, the company repurchased about 2.1 million shares for roughly $10 million. Since August 2025, total repurchases reached 4,071,223 shares at an aggregate cost of $41.7 million. SharpLink Expands Ethereum Initiatives Chief Executive Officer Joseph Chalom said SharpLink continued deploying capital across treasury management and Ethereum ecosystem initiatives. Chairman Joseph Lubin also discussed support for EthLabs, Ethereum Institutional and EthSystems. SharpLink plans to provide anchor funding to the three organizations. Their stated areas include protocol development, institutional engagement, scaling, interoperability, privacy and compliance infrastructure. The company also joined the Russell 2000 and Russell 3000 indexes during the June 2026 reconstitution. After quarter-end, SharpLink announced the Galaxy SharpLink Onchain Yield Fund with $125 million in committed capital. SharpLink committed $100 million, while Galaxy committed $25 million. Galaxy will manage investment sourcing, diligence, portfolio construction, oversight and risk management. The post SharpLink Posts $394M Loss as ETH Staking Revenue Surges appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
BlackRock Cuts IBIT In-Kind Bitcoin Threshold From $25M to $1M
BlackRock lowered IBIT’s in-kind Bitcoin conversion threshold from $25 million to $1 million for eligible investors. Authorized participants handle Bitcoin-to-IBIT conversions, while BlackRock aims to remove the minimum entirely over time. IBIT led recent Bitcoin ETF inflows with $693.5 million, outpacing Fidelity’s FBTC during the reported period. BlackRock has cut the minimum Bitcoin needed for in-kind IBIT conversions from $25 million to $1 million. The change lets eligible investors exchange Bitcoin for IBIT shares through authorized participants, while digital-assets chief Robbie Mitchnick said BlackRock wants to lower the threshold further. https://twitter.com/EricBalchunas/status/2086855864955048157?s=20 BlackRock Cuts IBIT Conversion Threshold Bloomberg ETF analyst Eric Balchunas reported the change after speaking with Mitchnick. The new $1 million minimum replaces the previous $25 million requirement for in-kind Bitcoin conversions. However, individual investors do not transact directly with BlackRock through the process. Authorized participants handle conversions between Bitcoin and IBIT shares. Mitchnick said in-kind creations and redemptions remain a minority of Bitcoin ETF activity. Most inflows arrive as new dollars, although in-kind activity has grown since regulators allowed the mechanism. According to Mitchnick, BlackRock ultimately wants in-kind conversions available without a minimum transaction size. That would remove the current $1 million threshold. Coldcard Hack Raises Custody Questions Mitchnick also discussed the recent Coldcard wallet hack during the Bloomberg interview. He described the incident as a security failure rather than a Bitcoin network breach. He said the vulnerability resulted from an error and called wallet or service breaches individual security management issues. Meanwhile, he said Bitcoin ETFs offer exposure without requiring investors to manage private keys. Mitchnick also said BlackRock has not seen widespread panic among ETF investors during Bitcoin’s decline. He described the ETF investor base as focused on long-term holding. IBIT Leads Recent Bitcoin ETF Inflows Bitcoin ETFs recorded about $1 billion in weekly inflows, according to the supplied data. Farside data showed roughly $865 million entered U.S. spot Bitcoin funds. IBIT received $693.5 million, while Fidelity’s FBTC attracted $116.5 million during the period. The figures placed IBIT ahead of the other funds listed in the supplied data. Mitchnick also discussed BITA, BlackRock’s Bitcoin premium-income ETF. The product targets mid-to-high-teens yield and reduced volatility, although he expects slower growth than IBIT. He also noted Bitcoin has passed through five major boom-and-bust cycles. Additionally, he pointed to its recent separation from equities when discussing diversification. The post BlackRock Cuts IBIT In-Kind Bitcoin Threshold From $25M to $1M appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Vitalik Buterin Elevates Quantum Safety and Privacy in Ethereum Roadmap
Ethereum’s updated roadmap raises quantum safety and privacy while deprioritizing VDFs and several earlier EVM improvements. Native rollups, blob and gas futures, new state types and post-quantum scaling now feature in Ethereum’s plans. Buterin is exploring execution beyond the EVM, with RISC-V, LeanISA, STARKs and AI-assisted formal verification gaining focus. Ethereum co-founder Vitalik Buterin has updated his 2023 roadmap, moving quantum safety and privacy higher among the network’s priorities. His latest comparison also removes or replaces several earlier plans, while adding native rollups, blob and gas futures, new state types, and broader execution options beyond the Ethereum Virtual Machine. Ethereum Adds New Priorities Beyond 2023 Buterin said some roadmap items were reshuffled, including higher priority for quantum safety. Meanwhile, VDFs and several EVM improvements have been deprioritized. Other plans also changed through newer technical designs. Verkle trees gave way to unified binary trees and PBT, while state expiry was replaced by new state types. Notably, privacy now receives first-class attention in Ethereum’s updated plans. Buterin listed keyed nonces, recent roots, parts of FOCIL, lean privacy pools and wormholes. The roadmap also adds post-quantum scaling through leanSPHINCS signatures and zkzk frames. Additionally, blob and gas futures now appear among Ethereum’s planned infrastructure. Native rollups also entered the roadmap after advances in SNARK technology. Buterin said the technology was not mature enough for that approach in 2023. Ethereum Explores New Execution Architecture Buterin also outlined a broader future for Ethereum’s execution layer. He said zkzk frames could lead the protocol toward exposing an instruction set beyond the EVM. LeanISA and RISC-V currently rank among the leading candidates. Buterin described both as simpler, newer and more efficient than the EVM. He also raised the possibility of making the EVM an intermediate representation above another instruction set. However, he said deeper exploration remains too early for the current strawmap. New state types also represent a different scaling approach, according to Buterin. The designs focus on specialized mechanisms rather than maximizing every type of Ethereum activity. STARKs And AI Take Larger Roles Buterin identified STARKs and AI-assisted formal verification as common themes across the updated roadmap. Recursive STARKs appear across multiple Ethereum protocol layers. One verification primitive could serve the execution, consensus and data layers. Buterin said formal verification becomes necessary for safely deploying such shared components. He also linked broader formal verification efforts to modern AI tools. The updated roadmap therefore places greater emphasis on mathematical code verification. Buterin said Ethereum’s long-term goals include quantum safety, stronger privacy, security, censorship resistance and greater scalability. He also described a future Ethereum architecture that remains lean. The post Vitalik Buterin Elevates Quantum Safety and Privacy in Ethereum Roadmap appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
LINK holds above $8.20 after a sharp rebound, while $8.90 and $10 remain key resistance levels for a broader recovery for now. A break below $8.20 could expose $7.30, while sustained strength above resistance would strengthen the short-term recovery setup ahead. The reported $200 target depends on wider tokenization growth, with a $4 trillion market estimate supporting the long-term thesis. Chainlink faces a near-term technical test as $8.20 divides bearish pressure from recovery attempts, while longer-term projections remain tied to expanding tokenized asset markets across digital finance globally. LINK Tests a Critical $8.20 Technical Divide CRYPTOWZRD’s latest outlook places $8.20 at the center of LINK’s immediate setup. The analyst described recent daily action as indecisive and range-bound. Price was trading near $8.30, keeping the market above that dividing level. https://twitter.com/cryptoWZRD_/status/2086635618629460271?s=20 The intraday chart shows LINK recovering after a sharp session decline. Price initially climbed toward $8.35 before sellers triggered a rapid reversal. The decline reached roughly $8.18 before buyers began rebuilding positions. Source: Coinmarketcap That $8.18–$8.20 area subsequently attracted repeated buying interest. LINK then recovered toward $8.30 during the later trading period. The rebound placed price close to the session’s upper boundary again. Trading activity also strengthened during the session, with volume reaching roughly $197 million. Reported volume increased by more than 36%, indicating greater turnover during the move. Market capitalization stood near $6.21 billion, based on the supplied data. Resistance Levels Define the Next Direction The daily structure shows a prolonged decline from levels above $16. Sellers created successive lower highs throughout that broader downtrend. However, buyers eventually established support around the $7.30 region. The $7.30 area has attracted several reactions during recent months. A rebound from that zone also helped price break the shorter descending trendline. Still, LINK has not yet confirmed a broader bullish reversal. Above current levels, $8.90 represents the next important resistance. A successful move through that barrier could place $10 back into focus. The $10 level remains a major psychological and technical resistance area. A sustained move above $10 would improve the larger structure considerably. The next notable resistance zones appear around $12 and $16. Until those levels are approached, $8.20 and $8.90 remain more immediate references. Long-Term Tokenization Thesis Supports $200 Projection A post from 0xMohamed reported a long-term $200 LINK projection. The post attributed that forecast to Standard Chartered and connected it with tokenized asset growth. The reported target extends the discussion beyond LINK’s current technical structure. The projection depends partly on tokenized assets reaching an estimated $4 trillion market. Such growth would increase demand for blockchain infrastructure supporting financial applications. Chainlink’s oracle and interoperability services form part of that infrastructure thesis. The reported $200 level remains a long-term scenario rather than a confirmed valuation. Reaching it would require substantial adoption across tokenized financial markets. Broader cryptocurrency conditions would also influence the path toward that target. For the near term, technical levels remain more immediate than distant forecasts. Above $8.20 it would leave room for further recovery. If it falls below that, it will have to find support at $7.30, and if it does well, it will have to find resistance at $8.90 and $10. The post Chainlink Holds $8.20 as $200 Outlook Emerges appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
CT3 Begins Preparing Its Ecosystem for the Launch of the CT3GB Economy
London, UK, August 10th, 2026, Chainwire CT3 has announced the start of comprehensive preparations for the future listing of the CT3GB token. The company has begun scaling its data storage infrastructure, building financial and infrastructure reserves, and preparing its own tokenized economy, in which CT3GB will become the platform’s primary settlement asset. At the same time, the transition to a new data storage architecture based on specialized smart contracts is underway, while an independent audit of the entire core smart contract infrastructure will be conducted ahead of the listing. Over the past several months, CT3 has significantly expanded the capabilities of its platform. One of the most important milestones was the implementation of automatic backup technology, following which demand for data storage services increased substantially. The growth in data volumes confirmed the platform’s readiness to support continuous data storage scenarios and became a signal to move on to the next stage of ecosystem development. The company notes that further scaling cannot be considered separately from the platform’s economy. For this reason, preparations for the CT3GB listing began before the token enters the open market. Transition to an In-House Settlement System Today, most internal CT3 operations are carried out using the Polygon infrastructure. Following the launch of CT3GB, the company plans to transition all major financial processes within the platform to its own token. CT3GB will be used to pay for data storage services, settle payments with infrastructure owners, distribute rewards, facilitate internal settlements between network participants, and carry out other operations required for the functioning of the CT3 Cloud ecosystem. Thus, the token will become not merely an additional means of payment, but a fundamental element of the platform’s economy, facilitating the flow of value between users, storage infrastructure, and CT3 services. Preparing the Economy Before the Listing According to CT3, the sustainability of a tokenized economy is determined not by the moment of listing itself, but by the degree to which the infrastructure is prepared to operate after the listing. That is why the company has already begun expanding its data storage network, increasing available computing capacity, and building reserves that will enable the platform to continue scaling without compromising performance. Part of this strategy is being implemented through the Storage Contracts program. The company views it not as a separate stage of product development, but as one of the tools for building financial and infrastructure reserves. This approach makes it possible to gradually increase the network’s capacity while maintaining a high level of commercial utilization and, at the same time, creating the resource buffer required for the continued growth of the ecosystem after the listing. A New Network Architecture In parallel, CT3 continues to modernize its technology platform. One of the key areas of development is the segmentation of the storage infrastructure into separate specialized smart contracts. Instead of relying on a single architecture, different products within the ecosystem are gradually being assigned their own contracts with independent capacity limits and resource accounting. According to the company, this model will enable more efficient platform scaling, improve transparency in infrastructure utilization, and provide greater flexibility for developing new services without affecting products that are already operational. Independent Audit Before the CT3GB Launch Another mandatory stage of the preparation process will be an independent audit of the smart contracts. Before CT3GB enters the public market, the company plans to complete a comprehensive review of the smart contract infrastructure that will support the token and the platform’s key services. The audit will focus on verifying the security of the contracts, the correctness of their business logic, and compliance with industry standards. CT3 notes that the audit is considered an essential part of preparing for the public launch of the project’s economy and one of the factors that can help strengthen trust among users, partners, and cryptocurrency exchanges. The Next Stage of CT3’s Development The preparation for the CT3GB listing is part of CT3’s long-term development strategy aimed at creating a fully autonomous data storage infrastructure with its own economic model. Once the preparations are complete, CT3GB will become the platform’s primary settlement asset and will be used for all internal operations across the ecosystem. At the same time, the value of the token will be driven not only by market demand but also by its practical utility in the day-to-day operation of CT3 Cloud services. Infrastructure expansion, reserve creation, the implementation of a new storage architecture, and preparation for an independent audit are all part of a unified strategy designed to ensure that CT3GB launches within an ecosystem that is already prepared for further scaling and growth. About CT3 CT3 is a technology company developing next-generation decentralized data storage infrastructure. The company’s ecosystem combines a distributed storage network, NFT-based access keys, automatic backup technologies, and a scalable smart contract architecture. CT3 solutions are designed for both individual users and the corporate sector, providing secure long-term data storage, backup, and protection of digital information. ContactCMO Rodrigo Pereira CT3 contact@ct-3.ltd 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 CT3 Begins Preparing Its Ecosystem for the Launch of the CT3GB Economy appears on Crypto Front News. 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Blockchain Interoperability Links XRP, XLM and HBAR
XRP Ledger has a payments and liquidity focus, while both Stellar and Hedera have a tokenised assets and enterprise financial infrastructure focus. Axelar enables interoperability between three specialized blockchain ecosystems, enabling the movement of assets, liquidity, and messages. Emerging institutional markets require cross network connectivity and settlement, compliance and liquidity are essential. Blockchain interoperability is reshaping how XRP, XLM and HBAR fit within finance. Their networks connect payments, tokenized assets, liquidity and institutional infrastructure across global markets around the clock. XRP Ledger Builds Around Payments and Liquidity The graphic positions XRP Ledger as a payments-focused financial infrastructure network. Its examples center on Ripple Payments, XRP, and RLUSD settlement. The network is also linked with treasury products, bonds, and private credit. The graphic cites more than 60 payment markets and $100 billion volume. Those figures frame XRP Ledger around cross-border payments and liquidity movement. Its infrastructure also includes escrow, lending, credentials, and permissioned domains. Axelar provides an interoperability connection across the three ecosystems. That connection allows different blockchain environments to communicate and transfer value. Consequently, XRP Ledger can operate alongside specialized networks rather than independently. The accompanying post from X Finance Bull supports this broader infrastructure view. The commentary treats XRP, XLM, and HBAR as complementary financial components. It focuses on where their capabilities connect across emerging digital markets. https://twitter.com/Xfinancebull/status/2085833362347008005?s=20 Stellar Expands Tokenized Securities Infrastructure Stellar occupies a broader position spanning payments and tokenized securities. MoneyGram Ramps connects physical cash access with USDC-based digital transactions. The graphic also references activity across more than 200 countries. Institutional securities form another major part of the Stellar column. Franklin Templeton's BENJI appears alongside tokenized treasuries and mutual funds. DTCC and DTC efforts are also presented within the tokenization framework. These examples place Stellar closer to traditional asset digitization. The network is presented as infrastructure for recording conventional financial assets. That role complements its existing payment-oriented capabilities and liquidity connections. The graphic also lists institutional controls supporting Stellar applications. These include Axelar integration, confidential transactions, compliance controls, and authorization. Tokenized collateral is included as another institutional infrastructure category. Hedera Targets Enterprise Capital Markets Hedera is presented with a stronger emphasis on enterprise financial applications. Its payment examples include AUDD, FRNT, and USDT-related use cases. Standard Bank, Shinhan Bank, and Australian Payments Plus are also referenced. The capital-markets section lists several institutional participants and applications. Archax, Aberdeen, Lloyds Banking Group, and State Street appear among them. Tokenized money markets and collateral further expand the depicted use cases. Enterprise infrastructure forms another distinct layer within Hedera's positioning. The graphic references Hedera Token Service, KYC, compliance, and ERC-3643 support. Asset Management Studio and enterprise integration are also included. The three ecosystems, combined, make up an interwoven financial infrastructure thesis. XRP Ledger puts its emphasis on payments, while Stellar centers on tokenized securities, and Hedera aims at enterprises. Axelar then provides the cross-network bridge connecting those specialized functions. The graphic does not establish that every partnership creates direct token demand. Instead, it maps infrastructure roles across payments, tokenization, and institutional markets. The central theme remains connectivity between specialized blockchain networks and financial applications. The post Blockchain Interoperability Links XRP, XLM and HBAR appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
NYSE Develops Onchain Platform for Tokenized Securities
NYSE is developing onchain settlement infrastructure to support tokenized and digitally native securities in future markets. The exchange joined a DTC tokenization pilot in July while exploring blockchain-based settlement and onchain payment systems. NYSE plans to expand trading hours later this year alongside its blockchain efforts, with 23-hour trading expected from December. The New York Stock Exchange is developing an onchain settlement platform for tokenized securities, President Lynn Martin said Aug. 10. Martin made the remarks during a capital markets seminar in Seoul, where she discussed blockchain settlement and market infrastructure. NYSE also participated in a DTC tokenization pilot in July. NYSE Plans Onchain Settlement For Securities Martin said the NYSE is developing infrastructure for settling tokenized securities onchain. The project will explore how blockchain technology can support future global financial markets. The exchange plans to combine its existing market infrastructure with blockchain-based settlement. The information provided did not identify the blockchain networks involved. According to Martin, NYSE is also examining how tokenization and onchain payments can support market infrastructure. She described the work as part of efforts connecting traditional finance with decentralized finance. NYSE operates under Intercontinental Exchange, which is developing the platform alongside the exchange. The project is intended to support tokenized versions of traditional securities and digitally native securities. DTC Pilot Included NYSE Participation Martin said NYSE participated in the Depository Trust and Clearing Corporation’s tokenization pilot in July. The pilot examined how securities could operate using tokenized infrastructure. The participation comes as NYSE explores blockchain-based settlement for its own market infrastructure. However, the exchange has not provided a confirmed launch date for the platform. Martin also discussed the exchange’s broader technology infrastructure during her Seoul speech. She said NYSE recorded 3.6 billion shares during its March 20 closing auction. The exchange also recorded $231 billion in nominal trading volume that day. Martin attributed the system’s performance to continued investment in market technology. NYSE Explores Wider Market Technology Changes Martin said NYSE plans to introduce extended trading hours later this year. She said the exchange received SEC approval to move toward 23-hour trading, five days weekly. The planned schedule is expected to begin in December. Meanwhile, South Korea moved its won-dollar foreign exchange market to 24-hour trading on July 6. Martin said technology is changing trading, risk pricing, liquidity and capital access. She also said NYSE wants future infrastructure to remain safe, stable, scalable and compliant. The exchange’s tokenization work therefore sits alongside broader changes involving trading hours and blockchain settlement. The post NYSE Develops Onchain Platform for Tokenized Securities appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Japan Creates Dedicated Crypto and Stablecoin Division
Japan’s FSA creates three specialized offices to oversee crypto exchanges, financial innovation and digital payment policy. New rules classify crypto as financial instruments, adding insider trading restrictions, disclosures and tougher penalties. Japan plans a 20% crypto tax from 2028, while banks and licensed firms continue developing yen-pegged stablecoins. Japan’s Financial Services Agency created a dedicated Cryptocurrency and Stablecoin Division on Aug. 7. The move followed the agency’s Aug. 5 announcement and reorganized crypto oversight under three specialized offices. The restructuring comes after Japan’s financial law changes reclassified Bitcoin, Ethereum and 103 other tokens as financial instruments. FSA Creates Three Specialized Crypto Offices The new division replaced the previous office-level structure handling cryptocurrency supervision. Previously, the Cryptocurrency Monitoring Office and Cryptocurrency and Blockchain Innovation Office operated under the Comprehensive Policy Bureau. The new division operates under the Asset Management and Insurance Supervision Bureau. It includes the Cryptocurrency Monitoring Office, Innovation Promotion Office and Digital Payment Planning Office. The FSA said the restructuring addresses new regulatory demands from financial digitalization. It also aims to strengthen supervision as financial technology continues to develop. Notably, the Cryptocurrency Monitoring Office will oversee crypto exchange operators. Meanwhile, the other two offices will handle financial innovation and digital payment policy. The changes also follow a broader overhaul of Japan’s financial rules. Crypto Reclassified As Financial Instruments Japan amended its Financial Instruments and Exchange Act to treat crypto assets as financial instruments. Previously, digital assets mainly fell under the Payment Services Act. The revised framework introduces insider trading restrictions and additional disclosure requirements. It also raises penalties for unregistered crypto operators. Unregistered operations can now face penalties of up to 10 years in prison. Fines can reach ¥10 million, compared with the previous ¥3 million maximum. The changes also create a framework for possible spot crypto ETFs on the Tokyo Stock Exchange. Finance Minister Satsuki Katayama has said she will push forward with reviewing ETF approvals. Tax And Stablecoin Rules Also Face Changes Japan also plans changes to crypto taxation from Jan. 1, 2028. The proposed system would apply a 20% tax rate and allow losses to carry forward. Currently, crypto gains can face income tax rates reaching 55%. The proposed rate would match taxation applied to traditional securities profits. Meanwhile, MUFG, Mizuho and Sumitomo Mitsui are involved in stablecoin experiments. Only licensed banks, money transfer providers and trust companies can issue yen-pegged stablecoins. The FSA has also tightened action against offshore platforms. Bitget said it would wind down Japanese services after FSA pressure, following Bybit’s earlier exit. The post Japan Creates Dedicated Crypto and Stablecoin Division appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Road Town, British Virgin Islands, August 10th, 2026, Chainwire Deposits Are Open for hBTC, the Vault Token for Hilbert Group's BTC Basis+ Strategy Syntetika, a tokenization hub for regulated investment strategies, opened deposits today for its first strategy: BTC Basis+, managed by the publicly traded Hilbert Group. Syntetika makes investment strategies that run inside regulated funds accessible directly from a wallet. Each fund operates with independent custody, and each cycle its net asset value is attested by an independent third party. That attested NAV is the price at which vault tokens are issued and redeemed. BTC Basis+ is a Bitcoin basis strategy: it holds Bitcoin exposure and captures the funding spread between spot and futures markets, with returns denominated in Bitcoin terms. Participants deposit cbBTC through the Syntetika platform in a permissionless way. Deposits are queued and subscribed into the fund at the next processing cycle, with hBTC minted at an attested NAV. Redemptions follow the same cycle. Syntetika launches with partners Tulipa Capital on strategy curation, Ember Protocol on vault infrastructure, and Yield Network as Liquidity Syndication Partner. The platform launches on Base. Reserves behind its tokens will also become checkable by anyone through Chainlink Proof of Reserve. "Today Syntetika opens its doors with BTC Basis+," said Jorge Cuartero, CEO of Syntetika. "What we are really launching is the platform underneath it: infrastructure built to carry a growing set of regulated strategies onchain. This is day one of that roadmap.” BTC Basis+ is open for deposits now at syntetika.io About Syntetika Syntetika is a tokenization hub for regulated investment strategies. Each strategy runs inside a regulated fund with independent custody and third-party NAV attestation, and is accessed onchain through a vault token issued and redeemed at that attested NAV. ContactHead of Marketing Niko Petrov Syntetika Proto Limited niko@syntetikalbs.io Disclaimer: Any information written in this press release does not constitute investment advice. Crypto Front News does not, and will not endorse any information about any company or individual on this page. Readers are encouraged to do their own research and base any actions on their own findings, not on any content written in this press release. Crypto Front News is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release. For more details, visit our disclaimer page. The post Syntetika Launches Tokenization Hub Bringing Regulated Investment Strategies Onchain appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
BIP-110 Struggles as Bitcoin Main Chain Retains 99.85% of Hashpower
Bitcoin's main chain retained about 99.85% of network hashpower, while the BIP-110 branch controlled only 0.15% after the fork. The BIP-110 chain mined only two blocks and fell more than 80 blocks behind, highlighting its limited miner support and computing power. The dispute expanded beyond mining as BIP Editor Murch called for Luke Dashjr's removal over concerns about the proposal process. Bitcoin’s main chain has kept nearly all mining power after the BIP-110 fork began on Aug. 8. Strategy chairman Michael Saylor said about 99.85% of Bitcoin’s hashpower remained on the main network. The BIP-110 branch mined only two blocks and had fallen more than 80 blocks behind, according to Saylor. BIP-110 Struggles To Gain Mining Support Saylor said BIP-110 now controls about 0.15% of Bitcoin’s hashpower. At that rate, he estimated the minority branch would need about 25 years to reach its next difficulty adjustment. The proposal sought temporary limits on non-monetary data added to Bitcoin transactions. According to Tangem, the debate grew around Ordinals, BRC-20 tokens, Runes and other large data inscriptions. Supporters argued that such data increases blockchain size and costs for full-node operators. They also said it can compete with regular payments for block space. However, major mining pools did not support the fork. Nodes running BIP-110 software instead continued on a separate minority chain. BIP Editor Calls for Dashjr Removal Bitcoin BIP Editor Murch also raised concerns about the proposal’s development process. Wu Blockchain reported that Murch recommended removing Luke Dashjr from the BIP Editors. Murch alleged that Dashjr helped create and implement BIP-110 before the proposal gained broad mailing-list discussion. He also cited a related pull request merged shortly after it opened. Additionally, Murch said communication between Dashjr and other BIP Editors had broken down. The dispute therefore extended beyond mining support into Bitcoin’s proposal process. Dan Held Criticizes BIP-110 Supporters Kraken marketing head Dan Held called BIP-110 a waste of developer time. He also criticized supporters over their approach to miners, businesses and other Bitcoin participants. Held compared the dispute with the Bitcoin Cash split from a decade ago. He said BIP-110 supporters had failed to gain acceptance across the Bitcoin community. Meanwhile, Tangem said regular Bitcoin holders experienced no change from the fork. The main Bitcoin chain continued operating normally after the BIP-110 activation window began. The proposal used a 55% mining threshold, below the 95% level typically associated with Bitcoin upgrades. The mandatory enforcement window began at block 961,632 on Aug. 8. The post BIP-110 Struggles as Bitcoin Main Chain Retains 99.85% of Hashpower appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Bitcoin Tests $65,400 Resistance as Analyst Maps Next Key Levels
Doctor Profit identified $65,400 as Bitcoin's key resistance, with sustained weekly closes above it potentially opening a move toward $77,000-$78,000. A rejection at $65,400 could send Bitcoin toward $61,500 or $54,000, which remains within Doctor Profit's preferred accumulation range. U.S. CPI and PPI data could influence Bitcoin's next move as markets assess interest-rate expectations and broader economic conditions. Bitcoin is approaching a resistance level that Doctor Profit says could determine its next major move. The analyst said BTC was trading near $65,200, with $65,400 acting as a key barrier. He also outlined $61,500 and $54,000 as downside areas if another rejection occurs. Bitcoin Faces Resistance Near $65,400 According to Doctor Profit, Bitcoin has repeatedly moved above $65,400 in recent weeks. However, those moves failed to produce sustained weekly closes above the level. He said a confirmed breakout would require several weekly closes above $65,400. If that happens, he identified $77,000 to $78,000 as the next resistance zone. Doctor Profit also placed another resistance area near $83,000. Therefore, he described $65,400 as one of several levels Bitcoin must clear. Meanwhile, the analyst said he has been accumulating Bitcoin between $54,000 and $64,000. He also said his accumulation plan includes Ethereum and some altcoins. 2024 Bitcoin Range Returns to Focus Doctor Profit also linked Bitcoin’s current trading range to the 2024 price structure. He said Bitcoin spent 2024 moving between $58,000 and $74,000. According to the analyst, he identified that range as a future reference for Bitcoin’s 2026 market structure. He now places the current sideways movement and accumulation within that same range. However, another rejection could send Bitcoin toward $61,500, according to his outlook. He also sees continued downside potential toward $54,000. Doctor Profit said bottom formations can take several months rather than forming within days or weeks. He therefore considers $54,000 to $64,000 his stated accumulation range. CPI And PPI Become This Week’s Key Events Doctor Profit identified U.S. inflation data as the main scheduled event this week. The Consumer Price Index report is due Wednesday, Aug. 12. He said the report follows the latest Federal Open Market Committee meeting and a weak jobs report. The Producer Price Index follows Thursday, Aug. 13. According to Doctor Profit, markets are pricing higher rate risks rather than cuts. Therefore, he expects an upside CPI surprise to pressure financial markets. The next FOMC meeting is scheduled for Sept. 16, leaving CPI and PPI as the major economic releases this week. The post Bitcoin Tests $65,400 Resistance as Analyst Maps Next Key Levels appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Coinbase CEO Brian Armstrong Says Crypto Expands Global Financial Access
Brian Armstrong said stablecoins provide global access to dollar-denominated value, enabling fast transfers without relying solely on traditional systems. Armstrong argued DeFi expands access to credit, while tokenized stocks could give people without brokerage accounts exposure to U.S. equities. He said Bitcoin offers a wealth-storage option with a fixed supply, adding another financial access benefit alongside stablecoins and DeFi. Coinbase CEO Brian Armstrong says crypto has already expanded financial access worldwide through stablecoins, DeFi, tokenized stocks and Bitcoin. In a recent post on X, Armstrong outlined how these technologies provide access to dollars, credit, investments and wealth storage. He also said more work remains, while pointing to the financial services already available through crypto. Stablecoins Bring Dollar Access Onchain Armstrong highlighted stablecoins as one of crypto’s main financial access tools. He said stablecoins have brought the U.S. dollar onchain for people worldwide. According to Armstrong, anyone can hold a low-inflation currency and send it around the clock. He also said transfers can cost a fraction of a cent. The point comes as stablecoins provide dollar-denominated value through blockchain networks. Users can access and transfer these assets without relying solely on traditional financial systems. However, Armstrong’s comments focused on access rather than stablecoin market growth. He specifically pointed to the ability to hold and move dollar value globally. That access also connects with Armstrong’s broader point about financial services available through crypto. DeFi Opens Access to Credit Armstrong also named decentralized finance as another area expanding financial access. He said DeFi gives anyone access to credit through blockchain-based financial services. DeFi allows users to interact with lending and borrowing systems through smart contracts. However, established DeFi lending commonly requires users to provide collateral. Armstrong also highlighted tokenized stocks as another development. He said tokenized stocks could give about four billion people without brokerage accounts exposure to U.S. stocks. The figure refers to people Armstrong describes as “unbrokered.” Tokenization places representations of traditional assets on blockchain networks. Bitcoin Offers Another Wealth Option Bitcoin formed the fourth part of Armstrong’s argument about crypto and financial access. He described Bitcoin as a store of wealth that cannot be inflated away. Bitcoin’s fixed supply sets it apart from currencies whose supply can increase. Armstrong included that feature among crypto’s existing financial access benefits. Together, his comments covered four areas: stablecoins for dollar access, DeFi for credit, tokenized stocks for market exposure, and Bitcoin for wealth storage. Armstrong added that crypto still has more work ahead. However, his statement focused on financial access already created through these four areas. The post Coinbase CEO Brian Armstrong Says Crypto Expands Global Financial Access appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Grayscale Withdraws ADA, HBAR and DOT ETF Filings Today
Grayscale withdrew three SEC registration filings for proposed Cardano, Hedera and Polkadot ETFs within just over three minutes on Aug. 7. The withdrawals ended the remaining registration process after related exchange listing proposals for ADA, HBAR and DOT had already been withdrawn. ADA, HBAR and DOT prices fell after the filings were withdrawn, while Grayscale still has other early-stage altcoin ETF registrations. Grayscale withdrew three proposed altcoin ETF registrations with the U.S. SEC on Aug. 7, ending filings for Cardano, Hedera and Polkadot funds. The crypto asset manager submitted three Form RW requests within 190 seconds, starting at 4:33:37 p.m. ET. Grayscale cited Rule 477 and said it would not proceed with planned share distributions, without giving further reasons. https://twitter.com/WuBlockchain/status/2086658476529623524?s=20 Grayscale Pulls Three ETF Registration Filings The SEC filings covered the Grayscale Cardano Trust ETF, Grayscale Hedera Trust ETF and Grayscale Polkadot Trust ETF. Grayscale said none of the registration statements had become effective before the withdrawals. Grayscale filed the Cardano request at 4:33:37 p.m. ET, followed by Hedera at 4:34:55 p.m. ET. The Polkadot withdrawal came at 4:36:47 p.m. ET, placing all three requests within just over three minutes. Exchange Filings Had Already Been Withdrawn Grayscale first filed the Cardano and Polkadot S-1 registrations on Aug. 29, 2025. The company filed the Hedera S-1 on Sept. 9, 2025. However, the related exchange filings later left the process without active listing proposals. NYSE Arca withdrew the Cardano listing proposal on Sept. 29, 2025. Nasdaq then withdrew the Polkadot and Hedera proposals on Nov. 3, 2025. Grayscale subsequently withdrew the remaining S-1 registrations under Rule 477. ADA, HBAR and DOT Prices Move Lower The filings coincided with declines across the three assets. ADA fell more than 2% over 24 hours, trading around $0.196, with a $0.194 low and $0.199 high. Coinglass data showed ADA futures open interest rising nearly 1% over four hours. Open interest reached about $477.88 million, with buying activity across derivatives exchanges. HBAR dropped 2.24% to $0.068 and had declined more than 30% over two months. DOT also fell nearly 2%, trading around $0.805. DOT recorded a 24-hour low of $0.7976 and a high of $0.8126. However, its trading volume increased 27%, according to the supplied data. Other early-stage Grayscale ETF registrations remain tied to Bittensor, Aave, BNB, Near Protocol and Zcash. The post Grayscale Withdraws ADA, HBAR and DOT ETF Filings Today appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Ethereum Whales Move as Analysts Watch the $3,000 Target
An Ethereum ICO wallet deposited 0.1 ETH to Coinbase after 11 years, while its remaining 1,999.9 ETH is worth about $3.83 million. Another whale sold 7,323 ETH worth $13.96 million after holding the tokens for more than three years, according to Lookonchain. Ali Charts identified bullish monthly and on-chain signals, with $3,000 emerging as a key Ethereum resistance level to watch. Ethereum whales are moving large amounts of ETH as analysts track a possible move toward $3,000. Lookonchain reported activity from two wallets, including an ICO participant who deposited 0.1 ETH after 11 years. Meanwhile, Ali Charts pointed to monthly and on-chain indicators supporting higher ETH prices as wallet movements add fresh attention to Ethereum market activity. Ethereum ICO Wallet Moves After 11 Years Lookonchain identified wallet 0x6A53 as an early Ethereum ICO participant. The wallet invested $620 and received 2,000 ETH through the ICO. After remaining dormant for 11 years, the wallet deposited 0.1 ETH to Coinbase. Lookonchain valued the ICO allocation at about $3.83 million. The reported value represents a 6,184-fold return on the original $620 investment. However, the transfer involved only 0.1 ETH. Another wallet also moved ETH after a lengthy holding period. Lookonchain said whale 0x7C5a sold 7,323 ETH worth $13.96 million. Whale Sells ETH After Years of Holding The whale bought ETH at an average price of $2,723 during February 2022 and March 2023. It later staked the tokens before selling them. Lookonchain said the wallet's total losses now exceed $19 million. The sale came after more than three years of holding ETH. Meanwhile, Ali Charts focused on Ethereum's technical and on-chain data. The analyst reported two monthly TD Sequential buy signals from the previous month. Analysts Track $3,000 Resistance Ali Charts said Ethereum's monthly chart produced a black 9 and an S13 buy signal. The analyst cited signals from April 2022, September 2022 and April 2025. Those signals preceded ETH moves of negative 75%, positive 236% and positive 258%, respectively. Ali Charts said another validation could support a move toward $3,000. The analyst also said ETH turned bullish after breaking above its MVRV 0.8 Pricing Band at $1,800. That threshold has preceded moves toward Ethereum's Realized Price, currently near $2,300. Additionally, Ethereum formed an MVRV Momentum golden cross, according to Ali Charts. Previous signals preceded rallies of 50%, 166%, 74% and 113%. Ali Charts identified $3,000 as the key level to watch. On-chain data shows more than 10 million ETH previously exchanged around that price. The post Ethereum Whales Move as Analysts Watch the $3,000 Target appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Stablecoin-Powered Crypto Card Spending Hits $759M in July
Crypto card spending surged to $759 million in July, rising about 2.5 times from $306 million recorded a year earlier. Nearly 9 million crypto card purchases occurred in July, with the average transaction reaching about $86 as usage expanded. USDC and USDT accounted for roughly 84% of July crypto card spending, highlighting the dominance of dollar-backed stablecoins. Stablecoins drove crypto card spending to $759 million in July, up from $306 million a year earlier, according to a16z. Nearly 9 million purchases used crypto payment cards that month, compared with 5.2 million a year earlier, while average spending reached about $86 per transaction. https://twitter.com/a16zcrypto/status/2086156649975447926?s=20 Crypto Card Spending Reaches $759 Million According to a16z, monthly crypto card volume rose about 2.5 times from July 2025. The tracked volume stood below $1 million when Paymentscan began tracking activity in October 2023. Crypto cards let users spend crypto wherever traditional card networks operate. At checkout, the crypto usually converts into local currency before merchants receive payment. Users do not need traditional bank accounts for these cards. Depending on the program, they deposit stablecoins with issuers or hold them through self-custody. Dollar Stablecoins Take the Lead The mix of networks and stablecoins has changed sharply since early 2024. Gnosis then handled most card activity, with Gnosis Pay linked directly to self-custodial wallets. By July, Optimism accounted for about 29% of spending. Solana and Base each represented roughly 19%, while Gnosis fell to about 2%. EURe represented about 88% of card volume in early 2024, mostly through Gnosis. By July, its share had dropped to roughly 2%. Dollar-backed stablecoins now account for most spending. USDC represented about 58% of card volume, compared with roughly 48% a year earlier. USDT reached about 26%, rising from approximately 7% over the same period. Together, both assets accounted for about 84% of July spending. Crypto Card Purchases Near 9 Million Purchase activity has followed the rise in monthly card volume. Nearly 9 million crypto card purchases occurred in July, up from about 5.2 million a year earlier. The average purchase stood near $86. Most tracked crypto card spending now runs through Visa, according to a16z. Traditional card networks still process trillions monthly, while crypto card spending remains smaller. A16z said stablecoin spending through cards forms part of broader stablecoin and tokenized asset activity. The July figures cover spending tied to tracked crypto payment card programs. The post Stablecoin-Powered Crypto Card Spending Hits $759M in July appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.