DeFi | Crypto Wallet, SafePal, Data Breach Exposes Order Information of Nearly 40,000 Customers
Cryptocurrency wallet provider, SafePal, has disclosed a data breach that exposed order information belonging to about 39,798 customers, including names, addresses, contact details, and purchase data. The breach was caused by an authorization flaw in SafePal’s order-tracking system that allowed users to access another customer’s order information between March 2 2025 – April 11 2026, the company said.
SafePal said the incident did not expose cryptocurrency funds, seed phrases, private keys, wallet passwords, bank account or payment card information, or government-issued identification numbers.
The company warned that the exposed information could nevertheless be used in targeted phishing and impersonation attempts, particularly because customer addresses and purchase details were involved. SafePal said it has fixed the vulnerability and introduced additional security measures. It also said it had identified and removed more than 30 fraudulent websites and phishing links associated with the incident. The company plans to retain customers’ personal information in its order-processing system for only 90 days as part of measures introduced following the breach.
DeFi | Another Popular DeFi Platform Warns Users to Avoid the Interface After a Security Breach
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REALITY CHECK | Bitcoin Miners Shift Capacity Toward AI As Mining Economics Weaken
Publicly-traded Bitcoin miners are cutting computing capacity as rising demand for artificial intelligence (AI) and high-performance computing (HPC) makes data-center operations more attractive. Realized hash-rate among a group of public miners fell 13.4% to 319 exahashes per second (EH/s) in the second quarter from 368.3 EH/s in the fourth quarter of 2025, according to BlocksBridge Consulting.
Excluding Bitdeer, the decline was 21.2%.
The shift comes as miners repurpose power and infrastructure for AI-related workloads. Core Scientific reported $136.7 million in second-quarter colocation revenue, compared with $27.5 million from Bitcoin mining, while TeraWulf generated $31.9 million from HPC leases versus $12.8 million from mining. Bitcoin’s network hashrate declined 10.6% over the same period, highlighting the faster retreat by some publicly traded miners.
REALITY CHECK | Keel, Formerly BitFarms, Shuts Down U.S Bitcoin Mining Operations After Q2 2026 Revenue Drops Over 50% YoY
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REALITY CHECK | Bitcoin Treasury Firm Reveals Only ~$5K in Cash Left, Seeks to Raise Capital Imme...
CIMG Inc. has said it needs to raise capital immediately after reporting a $7.38 million working-capital deficit despite holding 1,145.4 Bitcoin worth about $67.19 million at the end of June 2026. The company had just $5,397 in cash and $1.87 million in current assets against $9.25 million in current liabilities, according to its Aug. 13 quarterly filing. CIMG said it could monetize its Bitcoin holdings to raise funds, but warned that the asset is volatile and that its Bitcoin reserve does not represent assured financing. The company also said plans to raise additional equity or debt had not resolved doubts about its ability to continue as a going concern.
REALITY CHECK | Another Bitcoin Treasury Company Capitulates, Sells Half its Bitcoin Holdings
CIMG used $10.35 million in cash for operations during the nine months ended June 2026 and reported a net loss attributable to the company of $10.49 million for the quarter and $45.36 million for the nine-month period.
The situation highlights a key risk for corporate Bitcoin treasury strategies: A large cryptocurrency reserve can boost a company’s balance sheet while providing limited immediate liquidity to meet operating expenses and other short-term obligations.
CASE STUDY | The Financing Model that Fueled Rapid Expansion of Bitcoin Treasury Companies is Showing Signs of Strain
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REALITY CHECK | Only 0.2% of Companies Accept Crypto Assets Within the Euro Area, Reveals Europea...
The European Central Bank’s 2026 Study on the Use of Cash by Companies in the Euro Area examines how businesses across the euro area accept and use cash, how they compare it with digital payment methods, and how cash infrastructure is evolving. The study covers companies in retail, restaurants and cafes, hotels, and arts, entertainment and recreation across all 21 euro area countries. The report finds that cash remains a widely accepted payment method despite the continued growth of digital payments. In 2026, 92% of companies selling goods or services at physical locations said they accept cash, up from 90% in 2024. Physical cards were accepted by 88% of companies, while mobile payment acceptance rose sharply from 36% in 2024 to 68% in 2026.
Cash acceptance varies significantly across countries and sectors. Greece and Italy recorded the highest cash acceptance rates among euro area SMEs at 99%, while Belgium and Cyprus had the lowest rates, at 81% and 76%, respectively.
Retailers, restaurants and hotels had an overall cash acceptance rate of 93%, compared with 84% for arts, entertainment and recreation businesses.
Of all companies selling goods online in 2026, 82% accept payment cards and 74% accept credit transfers . Only a very small share of companies (0.2%) accept crypto-assets.
The ECB also found that cash is likely to remain part of the payment mix. Among companies that currently accept cash, 92% said they plan to continue accepting it over the next five years. Companies that reject cash most commonly cited low customer demand and the inconvenience or difficulty of depositing and withdrawing cash as reasons. Businesses have mixed preferences over payment methods. One-third of companies have no preference for how customers pay at physical locations, while 24% prefer debit cards, 21% prefer cash, and 14% prefer credit cards. Companies generally rated cash more favourably than digital payments for privacy and reliability as well as for factors such as overall costs, transaction speed, ease of handling, and security. The study also highlights the continued modernization of cash infrastructure. Around 13% of companies have introduced self-checkout terminals, with more than half of those businesses operating at least some self-checkouts that accept cash. Meanwhile, 38% have introduced cash registers at the point of payment and 37% have smart safes. Bank counters remain the most common method for both withdrawing and depositing cash. Overall, the ECB study suggests that the shift toward digital payments has not eliminated the role of cash for businesses. Instead, cash and digital payment methods are increasingly operating alongside each other with businesses balancing customer preferences, cost, security, reliability, and operational convenience when deciding which payment methods to accept.
Source: European Central Bank, Use of cash by companies in the euro area in 2026. Read the full ECB report.
REALITY CHECK | Why Cash Still Dominates Many African Economies
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Nigerian Crypto Exchange, KoinKoin, Partners With KuCoin Institutional to Expand Access to Crypto...
KuCoin Institutional, the institutional arm of KuCoin, is collaborating with KoinKoin Global Network Limited, a Nigerian digital asset service provider, to provide KoinKoin with access to trading infrastructure and liquidity through KuCoin’s Crypto-as-a-Service (CaaS) offering. Through the partnership, KoinKoin will integrate KuCoin’s CaaS solution with institutional-grade liquidity enabling its users to benefit from improved execution, competitive pricing, and a more seamless cryptocurrency trading and swapping experience. KuCoin Institutional will serve as one of KoinKoin’s core liquidity providers. Through the CaaS offering, KoinKoin will gain access to KuCoin’s spot-market liquidity across hundreds of supported digital assets. By leveraging KuCoin’s high-performance trading infrastructure, KoinKoin can provide a more efficient and reliable trading experience while continuing to focus on its localized products and services. KoinKoin describes itself as one of Africa’s institutional-focused digital asset exchanges providing cryptocurrency trading services to retail and institutional users. The company operates under Nigeria’s Securities and Exchange Commission (SEC) Accelerated Regulatory Incubation Programme (ARIP), a transitional framework while awaiting full SEC registration.
PRESS RELEASE | SEC Nigeria Approves Crypto Exchanges, Luno and KoinKoin, into its Incubation Programme
It is also recognized under the Central Bank of Nigeria’s AML/CTF/CPF supervisory pilot, and holds a Virtual Asset Service Provider (VASP) sandbox licence from Ghana’s SEC.
KoinKoin offers a range of services including a digital asset exchange, crypto on- and off-ramp solutions, cross-border payments, stablecoin payment infrastructure, merchant payment services, enterprise APIs for financial institutions, and on-chain infrastructure for banks and fintechs. By integrating KuCoin’s institutional-grade liquidity and trading infrastructure, KoinKoin aims to strengthen its ability to provide efficient, reliable, and scalable digital asset services to businesses and consumers across Africa. The partnership brings together KuCoin’s global liquidity network and exchange technology with KoinKoin’s local market expertise and regulatory positioning. The two companies also plan to explore further opportunities to expand cryptocurrency use across Africa through improved liquidity, innovative financial solutions and strategic ecosystem partnerships. According to the companies, their focus on regulatory compliance is intended to reduce barriers to integration, strengthen trust and provide a foundation for further collaboration.
PRESS RELEASE | The Central Bank of Nigeria Commences AML / CFT / CPF Supervision Pilot for Select Virtual Asset Service Providers
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Truth Socialの親会社であるTrump Media & Technology Groupは、第2四半期(2026年)において、暗号資産やその他の投資の価値低下が業績に響いたとして、2億3,810万ドルの純損失を計上した。 前年の2,000万ドルの損失と比べた損失で、主にデジタル資産および株式の証券に関する非現金の時価評価(マーク・トゥ・マーケット)損失によって押し下げられた。売上高は、前年の約90万ドルから170万ドルに増加した。 Trump Mediaは大規模なデジタル資産のトレジャリーを構築してきたが、同社の保有するビットコインは、暗号資産への当初の取り組みの際に積み上げた水準から大きく下落している。同社は約13.7億ドルで11,542ビットコインを購入し、その後オンチェーン分析によれば7,281コインを移動させたという。