CryptoFrontNews (CFN) delivers the latest in cryptocurrency with real-time updates, expert analyses, and in-depth articles on digital currencies and blockchain.
Shiba Inu security warning urges holders to review wallet requests as SHIB consolidates after a powerful daily trendline breakout. SHIB is supported near $0.00000450 and resistance is getting pressured near $0.00000500 following the latest daily trendline breakout. Wallet approvals can create risks beyond ordinary transfers, while protecting seed phrases and private keys remains vital for holders. Shiba Inu security warning comes as holders face renewed wallet risks, while SHIB consolidates after breaking above a prolonged descending trendline. SHIB Holds Support After Breakout According to BSCN, Shibburn has warned holders about unexpected wallet requests. The warning specifically addresses unfamiliar approvals and transaction-signing requests. Holders were also reminded never to share private keys. https://twitter.com/BSCNews/status/2087781161443709209?s=20 SHIB as of the time of writing,trades at $0.00000450, according to the supplied chart. The daily structure shows buyers defending the $0.00000440-$0.00000450 area. That zone has become important following the recent trendline breakout. Source: Tradingview The token previously traded beneath a descending trendline from May onward. Repeated rallies failed to establish higher highs during that period. The eventual breakout changed that pattern and lifted trading activity. However, the recovery stalled near approximately $0.00000530 after the sharp advance. Price then formed another descending structure beneath that recent peak. That formation shows sellers remain active during short-term recovery attempts. Momentum Cools During Recent Consolidation The daily RSI as of writing, sits around 46, below the neutral 50 level. Earlier, the indicator climbed above 70 during the breakout rally. Its subsequent decline shows that momentum has cooled from those extremes. Even so, RSI remains above the deeper readings recorded during June. That suggests selling pressure has moderated from earlier market weakness. However, buyers still need stronger momentum to confirm another advance. Volume expanded considerably when SHIB broke above the major trendline. That increase accompanied the rapid move toward the $0.00000530 region. Recent trading activity has become more measured during the pullback. The first significant resistance level above is now at $0.00000500. If it continues to move higher, it may be back in focus at $0.00000530. Failure there could instead maintain the short-term descending structure. Wallet Requests Add Security Concerns The post cited Shibburn's warning about unexpected wallet interactions. Shibburn urged users to examine permissions before approving unfamiliar requests. The warning also covers requests asking users to sign transactions. A routine-looking approval can potentially authorize broader contract interactions. Therefore, users need to understand what each permission actually allows. Unclear requests should not receive automatic approval from wallet holders. Shibburn also stressed that seed phrases should remain private. Private keys similarly should never be provided to outside parties. Those credentials can provide direct control over cryptocurrency holdings. The security warning remains separate from SHIB's technical structure. Price gains do not reduce the risks surrounding unfamiliar wallet requests. For the chart, buyers still need to defend $0.00000440-$0.00000450. The post Shiba Inu Security Warning Meets Chart Pressure appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Securitize Reports $14.4M Q2 Revenue as AUM Reaches $4.3B
Securitize’s tokenized AUM reached $4.3 billion, while transaction volume surged 147% to $5.3 billion in Q2. Q2 revenue fell 5% to $14.4 million, while the company reported a $21.7 million net loss and $5.5 million adjusted EBITDA loss. Securitize expanded tokenized-equity infrastructure through NYSE, Computershare, Jump Trading and Jupiter partnerships. Securitize reported $14.4 million in second-quarter revenue on August 12, as tokenized assets under management reached $4.3 billion. CEO Carlos Domingo said the company expanded tokenized-equity infrastructure before its July 2 New York Stock Exchange listing. Securitize also reported $5.3 billion in transaction volume and about $350 million in cash. https://twitter.com/carlosdomingo/status/2087634482497003763?s=20 Securitize Posts Mixed Second-Quarter Results Average tokenized AUM rose 16% year over year, while total AUM increased 9%. However, revenue fell 5%, and Securitize posted a $21.7 million net loss. Adjusted EBITDA showed a $5.5 million loss, compared with $1.8 million in positive EBITDA last year. Transaction volume rose 147%, while Securitize Fund Services serviced 663 active funds. Fund Services reported $24.3 billion in assets under administration, down about 20%. Domingo said platform AUM added about $1 billion during the quarter and $1.5 billion during the first half. Tokenized Equities Gain New Infrastructure Securitize partnered with Computershare and Continental to support issuer-sponsored tokenized shares. The work followed its NYSE agreement for 24/7 tokenized equity and ETF trading. The company also announced work with Jump Trading and Jupiter on regulated public-equity trading. Meanwhile, Securitize Markets received FINRA approval to custody tokenized securities. That approval enables atomic settlement between tokenized securities and stablecoins. Securitize also partnered with Cantor Fitzgerald for onchain IPOs and follow-on offerings. Atlas Capital selected Securitize for USAFi under Dubai’s VARA framework. The product uses the Atlas America Fund and represents economist Nouriel Roubini’s first blockchain project. Securitize Expands Products and Leadership Securitize expanded BlackRock’s BUIDL collateral use through OKX and Standard Chartered. It also expanded its Tokenized AAA CLO Fund to Solana, followed by Ethena Labs’ $250 million allocation. The company added TRON to its multichain infrastructure. It also appointed former SEC official Brett Redfearn as president and director, while Sunil Sabharwal joined its board. Securitize put its own shares onchain on July 2, allowing U.S. trading with USDC. Jump Trading acted as market maker under the company’s stated structure. CFO Francisco Flores said positive adjusted EBITDA remains a near-term goal, with no debt on the balance sheet. The post Securitize Reports $14.4M Q2 Revenue as AUM Reaches $4.3B appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Metaplanet Moves $322M in Bitcoin Between Wallets, CEO Simon Gerovich Confirms No Sale
Metaplanet transferred 5,014 BTC between custodial wallets, but CEO Simon Gerovich said no Bitcoin was sold. The company’s Bitcoin holdings remain at 43,000 BTC, with the transfers costing about $8 in total network fees. Metaplanet targets 100,000 BTC by the end of 2026 and 210,000 BTC by the end of 2027. Metaplanet transferred 5,014 BTC worth about $322 million between its custodial wallets on August 13. CEO Simon Gerovich said the transfers were routine custody operations and involved no Bitcoin sale. He added that Metaplanet’s holdings remained at 43,000 BTC, while total network fees for the transfers reached roughly $8. Gerovich Addresses Bitcoin Transfer Activity Gerovich addressed the wallet activity after blockchain monitoring services identified large Bitcoin movements linked to Metaplanet. Lookonchain initially reported 3,881 BTC leaving wallets associated with the company. However, Gerovich said the total transferred amount reached 5,014 BTC. He also said Metaplanet publishes all its wallet addresses, making the transactions visible in real time. According to Gerovich, the Bitcoin remained within Metaplanet’s custodial infrastructure. The company therefore did not reduce its disclosed Bitcoin holdings through the transfers. Notably, moving the $322 million Bitcoin position across the network cost approximately $8 in transaction fees. The transfers involved movement between custodial addresses rather than a reported exchange transaction. Metaplanet Holds 43,000 BTC Metaplanet remains among the largest publicly traded corporate Bitcoin holders. The company ranks behind Strategy and Twenty One Capital based on the holdings provided. Strategy holds 840,447 BTC, while Twenty One Capital holds 43,514 BTC. Metaplanet’s 43,000 BTC leaves it 514 BTC behind Twenty One Capital. Bitcoin traded around $63,616 on August 13 based on the information provided. At that price, Metaplanet’s holdings stood below its reported average purchase price. Lookonchain calculated an unrealized loss of about $1.4 billion for Metaplanet. However, those losses remain unrealized because the company has not reported selling the transferred Bitcoin. Company Expands Bitcoin Financing Plans Metaplanet has also set a target of 100,000 BTC by the end of 2026. The company has further stated a 210,000 BTC target for the end of 2027. Its most recent reported purchase occurred in July. That transaction added 2,823 BTC and brought total holdings to 43,000 BTC. Meanwhile, Metaplanet established a 4 billion yen Bitcoin venture program in March. The program targets investments in Bitcoin and cryptocurrency infrastructure in Japan. The company also issued its first private-placement corporate bonds under its new BitBonds program. Metaplanet said the transaction combined its Bitcoin treasury balance sheet with its Type I financial instruments business. The post Metaplanet Moves $322M in Bitcoin Between Wallets, CEO Simon Gerovich Confirms No Sale appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Circle’s cirBTC Targets Institutional Bitcoin Collateral Use
Circle’s cirBTC is backed 1:1 by native Bitcoin held with Circle National Trust for the exclusive benefit of holders. Chainlink Proof of Reserve will provide real-time verification, while multi-address transparency enables onchain BTC checks. cirBTC launches on Ethereum first, with planned Arc support for institutional borrowing, lending, trading and settlement. Circle has introduced cirBTC as a wrapped bitcoin product for institutional markets, with 1:1 BTC backing and onchain reserve checks. The company said the structure directly supports institutions using Bitcoin as collateral across broader onchain credit markets. It said cirBTC will not compete through a CEX, DEX, or lending protocol. https://twitter.com/circle/status/2087615101947830361?s=20 Circle Sets Out cirBTC Structure Circle said each cirBTC is backed by native Bitcoin on a one-to-one basis. The BTC is held through Circle’s Bermuda affiliate and custodied by Circle National Trust. Circle National Trust is a national trust bank and qualified custodian under OCC supervision. The BTC remains for the exclusive benefit of cirBTC holders. Circle said Chainlink Proof of Reserve will provide real-time onchain reserve verification. Multi-address transparency will also let counterparties check Bitcoin holdings through block explorers. Bitcoin holders can use wrapped BTC when accessing markets built on smart contract networks. Those markets include lending protocols, collateral systems, trading venues, and settlement workflows. cirBTC Targets Onchain Credit Markets According to Circle, cirBTC is designed for market makers, OTC desks, lending protocols, asset managers, and institutional trading firms. The wrapper determines how institutions hold, verify, redeem, and move Bitcoin collateral. Circle said its issuer model avoids operating a competing CEX, DEX, or lending protocol. The company instead described cirBTC as infrastructure for different venues and protocols. Circle cited USDC circulation above $75 billion and more than $20 trillion in transaction volume during Q1 2026. The company has also developed Circle Mint and CCTP for its broader digital asset infrastructure. Ethereum Launch Comes Before Arc Support cirBTC is currently available on Ethereum, while Arc support is expected later, subject to regulatory approvals. On Ethereum, the product can operate within existing DeFi liquidity and institutional workflows. On Arc, Circle plans to use cirBTC across borrowing, lending, trading, and settlement activity. The company is also building Arc alongside USDC, Circle Mint, and CCTP infrastructure. Circle said the design supports multiple chains rather than limiting cirBTC to Ethereum or Arc. The company listed reserve visibility, custody, and redemption among the product’s core features. The post Circle’s cirBTC Targets Institutional Bitcoin Collateral Use appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Blockchain Association Backs Custodia Bank in Supreme Court Fed Account Fight
The Blockchain Association urged the Supreme Court to review whether regional Fed banks can deny master accounts to eligible state-chartered banks. Custodia applied for a master account in 2020, but the Kansas City Fed rejected its application in January 2023. The Kansas City Fed must respond by September 11, while Kraken Financial received a limited-purpose master account in March. The Blockchain Association filed an amicus brief on August 12 supporting Custodia Bank’s Supreme Court petition over Fed master accounts. The group asked the court to review whether regional Federal Reserve Banks can deny eligible state-chartered banks access. The Kansas City Fed now has until September 11 to respond to Custodia’s petition. Blockchain Association Challenges Fed Discretion According to the Blockchain Association, master accounts connect banks directly to Federal Reserve payment systems. Without them, banks can face added costs, risks, and reliance on intermediaries for payment settlement. The group said the Tenth Circuit’s ruling gives regional Fed banks broad discretion over master accounts. It warned that the decision could allow regulators to deny banking access to lawful industries. However, the association’s filing focuses on Custodia’s legal question. It asks whether federal law gives regional Fed banks discretion over eligible state-chartered institutions. Custodia’s Fight Started In 2020 Custodia, a Wyoming-chartered bank focused on digital assets, applied for a master account in October 2020. The Kansas City Fed denied the application in January 2023, citing concerns about Custodia’s business model. Custodia sued in June 2022 after the application remained pending for 19 months. The bank argued that federal law requires access for eligible depository institutions. The bank lost in district court in 2024. The Tenth Circuit upheld that result in 2025, while the full appeals court rejected rehearing in March 2026. Custodia then petitioned the Supreme Court last month. Its petition asks whether the Monetary Control Act requires regional Fed banks to provide services to eligible nonmember institutions. Kansas City Fed Gets More Time The Kansas City Fed must respond to Custodia’s petition by September 11. Meanwhile, the Federal Reserve granted Kraken Financial a limited-purpose master account in March 2026. Kraken became the first crypto-native firm to receive such an account. However, the arrangement excludes interest on reserves and emergency central bank loans. The account carries activity limits and operates on a one-year trial period. It focuses on payment services rather than full banking services. The post Blockchain Association Backs Custodia Bank in Supreme Court Fed Account Fight appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
SEC Grants Franklin Templeton Relief for Blockchain-Based Fund Custody
SEC relief lets Franklin Templeton funds use its OnChain U.S. Government Money Fund for cash management and lending collateral. Franklin will use separate Stellar wallets for each fund, with FTIS maintaining private keys and official ownership records. Fund boards must approve the blockchain arrangement annually, while independent accountants must conduct at least three yearly verifications. The SEC Division of Investment Management gave Franklin Templeton no-action relief on August 12, 2026. The decision lets Franklin’s registered funds use its OnChain U.S. Government Money Fund for cash management and securities lending collateral. The relief covers blockchain custody and ownership records, replacing certain physical-security requirements under Rule 17f-2. https://twitter.com/EleanorTerrett/status/2087629190711410999?s=20 SEC Relief Covers Blockchain Custody The relief covers Section 17(f) and paragraphs (b), (e), and (f) of Rule 17f-2. Franklin’s funds can hold OnChain Fund shares through Franklin Templeton Investor Services LLC, or FTIS. FTIS serves as transfer agent and maintains the official ownership record. The system combines an internal book-entry database with blockchain records covering purchases, redemptions, dividends, NAVs, and trade dates. FTIS links the records in real time to create the master securityholder file. It also controls blockchain permissions, smart contracts, and administrative functions tied to ownership records. Funds Will Use Separate Blockchain Wallets FTIS will create a separate Stellar blockchain wallet for each investing fund. It will maintain the private keys for those wallets. The wallet system uses multisignature, multiparty computation, distributed signers, and offline recovery measures. However, FTIS retains control over the official ownership record. Its administrative controls allow it to correct errors, freeze wallets, migrate records, or restore ownership information. The arrangement will support cash balances and securities lending collateral. Franklin Templeton cited hourly NAVs, intraday trading, and faster processing. SEC Sets Conditions For Fund Oversight The SEC staff requires each fund to maintain controls over authorized instructions and transaction reviews. FTIS must provide transaction confirmations and maintain segregated records for each fund. Each fund’s board must approve the arrangement and review it annually. FTIS must also transfer records and administrative controls to a successor. Independent public accountants must compare FTIS records with fund records. They must perform at least three investment verifications each fiscal year. At least two checks must occur without advance notice. The funds must also reconcile differences found during those examinations. The SEC staff said the letter addresses enforcement action only. It does not amend existing law or create new legal obligations. The post SEC Grants Franklin Templeton Relief for Blockchain-Based Fund Custody appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Pepperstone Appoints New CTO to Drive AI-Native Proprietary Tech Push
Former Xero engineering executive Nigel Fernandes will lead Pepperstone's push to own more of its technology as the business expands into crypto and new markets. MELBOURNE, Australia, Aug. 13, 2026 /PRNewswire/ -- Melbourne-based Pepperstone, a global online trading and fintech provider serving clients in more than 160 countries, today announced the appointment of Nigel Fernandes as Chief Technology Officer (CTO), effective 1 October 2026. The appointment comes as Pepperstone accelerates its shift toward owning more of its own technology, building a broader fintech ecosystem spanning crypto, AI-native engineering and institutional-grade infrastructure. Fernandes brings more than 20 years of technology leadership experience across financial services, retail, media and enterprise software. He will join from Xero, where he serves as SVP and Executive General Manager of Engineering leading a global organisation across cloud platforms, customer identity and data. Prior to Xero, he held senior leadership roles at Publicis Sapient, Coles Group, SEEK and Envato. "I'm excited to be joining Pepperstone at such a pivotal time for the business," said Fernandes. "My focus will be building on the quality global brand that traders have trusted for years, investing in the technology we own to scale an AI-native engineering foundation that gives clients faster, more reliable access to the tools they need." "The technology underpinning our client experience is core to everything we do. We're expanding Pepperstone into a genuine fintech ecosystem that opens access to crypto and new markets, while investing in our own technology to give clients a more personalised experience," said Tamas Szabo, Group CEO of Pepperstone. "Nigel's track record building high-performing engineering teams at some of the world's best technology companies makes him the right leader to help us build that." As CTO, Fernandes will lead engineering, architecture, security and data globally, reporting to Group CEO Tamas Szabo. He will be based at Pepperstone's global headquarters in Melbourne. About Pepperstone Pepperstone is a global fintech and CFD broker serving traders in more than 160 countries. The company provides access to forex, indices, commodities, shares, ETFs and digital asset markets through industry-leading platforms, competitive pricing and a strong regulatory framework. 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 Pepperstone Appoints New CTO to Drive AI-Native Proprietary Tech Push appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Solana Nears Finality Halt After Teraswitch Outage Takes 29% of Stake Offline
A Teraswitch routing failure took 28.83% of staked SOL offline, bringing Solana within 4.51 points of its finality halt threshold. About 90 validators across Europe and Asia were affected, with more than 133 million SOL temporarily offline. Affected validators lost about 333 SOL in rewards, prompting Marinade to review ASN and data center concentration risks. Solana came within 4.51 percentage points of its finality halt threshold Thursday after a Teraswitch routing failure took 28.83% of staked SOL offline. The outage affected about 90 validators across Europe and Asia, while 94% of stake on AS20326 went offline simultaneously. Traffic returned at 04:16:15 UTC, according to Marinade Finance. Teraswitch Routing Fault Hit Multiple Sites According to Marinade, Teraswitch advertised a default route from its Miami site without its route attributes. A route reflector in Amsterdam then passed the route to sites across Europe and Asia. Edge routers treated that route as local and preferred it over the valid default route. However, Teraswitch’s core rejected the route as invalid, leaving 12 sites without a usable path. The affected locations included London, Amsterdam, Dublin, Frankfurt, Singapore and Tokyo. North American sites did not experience the same issue, according to Marinade. Teraswitch identified the problem within 10 minutes. Traffic returned at 04:16:15 UTC, while Miami remained disconnected from its backbone during further checks. More Than 133 Million SOL Went Offline Marinade found 118.89 million SOL on AS20326, equal to 27.34% of network stake. About 94% of that stake went offline during the incident. Another 14.1 million SOL went offline across Latitude.sh, Limestone, Butterfly Research and Allnodes. Marinade could not establish whether those outages shared a dependency. Fifty-nine validators holding 80.2 million SOL returned within the same narrow recovery window. Marinade said the validators did not fail over before routing recovered. Validators Lost 333 SOL in Rewards Helius, Solana’s second-largest validator, remained offline for the full 33 minutes. Of 74 validators Marinade measured, Laine, Cogent Crypto, SOL Strategies and Lion3d recovered cleanly. Marinade said four ASNs hold two-thirds of its allocated stake, with AS395201 alone holding 36.94%. The 90 affected validators lost about 333 SOL in rewards, covered by validator bonds at epoch end. Marinade plans to review concentration limits by ASN and data center. It also plans to publish whether validators use hot-swap and automatic failover systems. The post Solana Nears Finality Halt After Teraswitch Outage Takes 29% of Stake Offline appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
XRP adoption claims remain unverified by Bank of America, despite renewed attention following the Fox Business cryptocurrency discussion. REAL Token’s reported August 15 exchange expansion could broaden access, while remaining separate from claims about banking payments. The proposed $748.50 REAL Token scenario remains hypothetical and requires extraordinary growth beyond the supplied $0.02 reference. XRP adoption is drawing renewed attention after banking payment claims and new developments involving an XRPL-based token. Fox Business Appearance Raises Banking Questions KingXRP linked a Fox Business appearance with claims about XRP payment usage. The post also connected the discussion with REAL Token’s exchange expansion plans. It further presented a hypothetical rise from $0.02 toward $748.50. https://twitter.com/MRKingXRP/status/2086978288958751051?s=20 The TV broadcast included a segment with David Stryzewski, CEO of Sound Planning Group. He was standing by the cryptocurrency prices of Bitcoin, Ethereum, Litecoin, and XRP. During the period, XRP was seen at approximately $2.42. But there's no Bank of America's Brian Moynihan. The distinction matters when assessing the reported banking claim. The supplied material does not establish direct confirmation from Bank of America. Stryzewski has discussed Ripple and XRP while referencing banking infrastructure. His comments attracted attention because institutional payments remain central to XRP narratives. Still, external commentary does not constitute confirmation from the named financial institution. XRP Payment Claims Remain Separate From Infrastructure The central question concerns whether banks use XRP directly for settlement. Financial institutions can use Ripple-related infrastructure without necessarily holding XRP. Therefore, infrastructure participation alone cannot establish direct token usage. A direct statement from Bank of America would provide stronger evidence. Such confirmation would distinguish reported commentary from an institution’s verified position. Until then, the payment claim remains unconfirmed by the supplied material. The cryptocurrency board provides market context around the televised discussion. Bitcoin was trading close to $102,075, and Ethereum was trading at $3,657. XRP was trading close to $2.42 on a bearish reading. Those figures represent a market snapshot rather than a technical forecast. The displayed prices do not establish XRP’s future direction. Instead, they frame the broader cryptocurrency environment surrounding the discussion. REAL Token Plans Add Another XRPL Development KingXRP also connected the banking narrative with REAL Token developments. The post identified August 15 as a possible exchange expansion milestone. That event could broaden access and visibility for the XRPL-based project. The post referenced media and payments industries valued around $38.5 trillion. That figure describes the wider market opportunity cited within the post. It does not represent a confirmed valuation for REAL Token or XRP. The post also presented purchase references for an XRPL decentralized exchange. MEXC was separately mentioned as another trading venue. These details form promotional material surrounding the broader ecosystem discussion. KingXRP also presented a hypothetical move from $0.02 toward $748.50. The proposed destination represents an exceptionally large increase from the referenced starting point. No supplied evidence establishes that valuation as a confirmed market target. The post XRP Adoption Claim Draws Fresh Attention appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
PUMP closed up 138% from the late of June with price resistance repeatedly coming in around $0.00300. Holding $0.00280 keeps the short-term structure firm, while a breakdown could expose the $0.00270-$0.00275 area. Momentum is still strong, though there is some rejection near $0.00300 indicating that sellers are now becoming active following rapid moves higher. PUMP price outlook remains focused on the battle between persistent buying near support and selling pressure around recent highs. Parabolic Rally Brings Fresh Resistance CRYPTO Damus reported a 138% parabolic rally since late June. The trader also said a 3x short position had already been stopped out. That update came as PUMP entered a volatile phase after its extended advance. Source: X The daily structure shows an earlier base around $0.00120-$0.00130. From there, prices developed successive higher highs and higher lows. The resulting move eventually reached the measured target near $0.00285. PUMP as of writing, trades at $0.002805, after uneven intraday trading. Price earlier declined toward $0.00270-$0.00272 before recovering. Buyers therefore continued defending the $0.00280 area during the session. However, the rebound later approached $0.00295-$0.00300. Sellers quickly pushed the price lower after that advance. The rejection has established $0.00300 as the immediate resistance level. Momentum Indicators Show Elevated Activity The daily RSI previously reached approximately 75.8, reflecting strong upside momentum. Such readings can persist while aggressive buying continues. Therefore, the indicator alone does not confirm an immediate reversal. The MACD also remained strongly positive during the broader advance. Its histogram showed continued momentum as buyers controlled the daily structure. Meanwhile, the steep price movement created wider short-term trading ranges. The post described the rally as potentially vulnerable to a sharp decline. However, the trader also acknowledged the difficulty of maintaining a leveraged short. The reported stop-out demonstrates how quickly momentum can challenge bearish positioning. The current structure remains above several earlier breakout areas. A deeper pullback could therefore test those zones without immediately changing the broader trend. For now, price remains above the key $0.00280 pivot. $0.00280 and $0.00300 Define the Range The $0.00280 level has become the clearest short-term support. Holding that zone could allow another test of $0.00290.Purchasers need to then break out above $0.00300 to continue higher. If a steady breakout can occur above $0.00300, $0.00317 may come into focus. That level appeared near the upper boundary of the earlier daily chart. Price would need stronger follow-through to reach that area. However, losing $0.00280 could shift attention toward $0.00270-$0.00275. That zone previously attracted buyers during the latest intraday decline. Continued weakness could therefore turn the current consolidation into deeper retracement. Jamos Parsa separately reported a roughly 25% two-day gain. The update linked rising momentum with accelerating market attention. Together, the supplied charts show PUMP balancing strong demand against increasing profit-taking. At the time of writing, the market remains positioned between established support and resistance. A break from this range should clarify the next directional move. Until then, PUMP remains volatile following its rapid advance. The post PUMP Price Outlook Tests Resistance After Rally appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
OCC Opens National Bank Charter Path for Digital Asset Firms
Gould said digital asset firms conducting lawful activities should have a route to national bank charters under the federal banking system. The OCC received 40 de novo applications over 18 months, including requests for national trust bank charters. The agency says it decided on many complete applications within 120 days as it seeks to revive new bank formation. OCC Comptroller Jonathan V. Gould said digital asset firms engaging in lawful activities should have a route to national bank charters. Gould made the remarks as the OCC highlighted efforts to revive de novo banking. The agency also reported 40 applications received over 18 months, including requests for national trust bank charters. OCC Opens Charter Path For Digital Asset Firms Gould said entities conducting legally permissible activities should access the national banking system. That includes firms working with digital assets and other novel technologies. “America and the OCC are once again open for business,” Gould said. He also described de novo chartering as a sign of a healthy banking system. The OCC said its approach follows recent reforms at the Federal Deposit Insurance Corporation. The FDIC has introduced a new process for reviewing deposit insurance applications. According to the OCC, the process provides a clearer route for new banking applicants. Gould said the OCC’s efforts aim to reverse the decline in new bank formation. OCC Reports 40 New Bank Applications The OCC received 40 de novo applications during the past 18 months. The figure includes applications for national trust banks, which the OCC has chartered for decades. The agency said it decided on many complete applications within 120 days of receiving them. Meanwhile, the OCC said a full-service national bank received final approval and opened its doors. That approval came for the first time in five years, according to the agency. The OCC said recent applications include new entrants seeking federal bank charters. De Novo Banking Fell For More Than A Decade The OCC said de novo chartering declined sharply over the past 15 years. From 2011 through 2014, the agency received fewer than four charter applications annually on average. In some years, the OCC received no charter applications. Gould said regulators had previously told applicants that federal charters and deposit insurance were unavailable. The OCC now says it will continue encouraging new bank formation. The agency also said it will work to strengthen the resilience of the federal banking system. The post OCC Opens National Bank Charter Path for Digital Asset Firms appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
CFTC Targets Crypto Rulemaking Amid Uncertainty Over CLARITY Act
The CFTC developed digital asset rule proposals alongside CLARITY Act negotiations and plans to advance them without new legislation. Selig said the CFTC and SEC could develop joint rules defining their respective authority over digital asset markets. The CFTC lacks comprehensive spot market authority without Congress, which the CLARITY Act would provide for digital commodities. CFTC Chairman Michael Selig said the agency will advance digital asset rulemakings even if Congress fails to pass the CLARITY Act. Selig made the remarks Aug. 4 at the Flyover Fintech conference in Lincoln, Nebraska, hosted by Rep. Mike Flood. He said the CFTC developed proposals alongside congressional talks and aims to finalize them before the administration ends. CFTC Prepares Rules Alongside CLARITY Talks According to Selig, the CFTC prepared digital asset rule proposals in parallel with CLARITY Act negotiations. The agency remains ready to issue those proposals if Congress passes the legislation. However, Selig said the rulemaking effort will continue without new legislation. He also said he and SEC Chairman Paul Atkins are prepared to develop joint rules defining their areas of authority. Meanwhile, the CFTC continues using existing authority across areas covered by commodities law. Existing Authority Leaves Spot Market Gap The CFTC can regulate crypto derivatives and address fraud and manipulation within its commodities authority. It can also establish rules for entities already under its jurisdiction. However, that authority does not give the agency comprehensive control over U.S. spot markets for digital commodities. The CLARITY Act would provide that statutory authority if Congress approves it. The legislation would give the CFTC exclusive jurisdiction over qualifying digital commodity spot transactions. It would also create registration requirements for digital commodity exchanges, brokers and dealers. Without congressional action, those powers cannot come solely from CFTC rules. Federal agencies receive their jurisdiction from laws enacted by Congress. CFTC Advances Crypto Market Initiatives The agency has worked on tokenized collateral, crypto derivatives, prediction markets and 24-hour trading. It has also withdrawn older digital asset guidance. Previously, the CFTC launched a pilot allowing Bitcoin, Ether and USDC to serve as collateral in derivatives markets. Congress continues debating market-structure legislation. The SEC has also advanced its crypto agenda under Project Crypto. The securities regulator is scheduled to consider Regulation Crypto Assets on Aug. 14. Under the CLARITY framework, the SEC would retain authority over securities and investment-contract arrangements. Meanwhile, the CFTC would oversee qualifying digital commodity spot markets and registered intermediaries. The post CFTC Targets Crypto Rulemaking Amid Uncertainty Over CLARITY Act appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Solana Activity Falls as Tokenized Assets Expand in Q2
Solana’s spot DEX volume fell 45% in Q2, while its DEX market share dropped six percentage points to 30%. Tokenized real-world assets on Solana surpassed $3 billion, with public equities becoming the largest RWA category. Solana’s stablecoin supply rose 1.9% to $15.6 billion as network fees fell 44% and application fees declined 31%. Solana’s second-quarter activity fell across major measures, while tokenized equities and other real-world assets expanded onchain. Galaxy Research reported lower DEX, network, and application fees, alongside growing tokenized value. Meanwhile, Solana added regulated equity trading, lending, prediction markets, and new infrastructure during Q2 2026. Trading Activity Shifts Beyond Memecoins Solana processed $111 billion in perpetuals volume during Q2, more than double the prior quarter. However, GMTrade supplied about $90 billion, while open interest stayed nearly flat. Excluding GMTrade, perpetuals volume fell 43%. Drift also remained offline after its April 1 exploit drained $285 million. Meanwhile, Phoenix increased volume 14 times to nearly $700 million. Yet Solana held about 1% of perpetuals volume and open interest, according to Galaxy Research. Spot DEX volume dropped 45% during Q2, reaching its lowest quarterly level since Q3 2024. Solana still ranked first for DEX volume for seven straight quarters. However, its market share fell six percentage points to 30%. Tokenized Assets Enter DeFi Meanwhile, Solana’s real-world assets crossed $3 billion in June. Public equities became the largest RWA category, overtaking private credit. However, only about 9% of tokenized RWA value worked in DeFi as trading liquidity or loan collateral. Jupiter Lend and Kamino held about 83% of tokenized-stock collateral. Galaxy’s GLXY also became collateral on Kamino after Superstate tokenized the Nasdaq-listed shares. In May, Securitize, Jump Trading, and Jupiter launched an onchain regulated equity trading stack. Backpack Securities and Sunrise added broker-dealer ownership and tokenization in June. Network Fees And Infrastructure Solana’s network fees fell about 44% quarter over quarter. Application fees also declined 31% to $552 million, while Pump generated $212 million. Notably, Solana still led all chains in application fee share for 10 consecutive quarters. Meanwhile, Agave upgrades continued ahead of Alpenglow. Agave 4.2 includes a phased reduction in slot times from 400 milliseconds toward 200 milliseconds. On July 30, SIMD-0286 raised block capacity from 60 million to 100 million compute units. Solana’s stablecoin supply increased 1.9% to $15.6 billion during Q2. USDC’s share fell below 47%, while USDT, USD1, USDG, and PYUSD gained share. The post Solana Activity Falls as Tokenized Assets Expand in Q2 appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
OCC Reopens National Bank Charter Path for Crypto Firms
OCC Comptroller Jonathan Gould said legally permitted crypto activities should have access to national bank charters. The OCC lists 13 pending digital asset charter applications, including Payward, Revolut Bank US and EDX Trust. The OCC has processed many complete applications within 120 days as regulators streamline the federal charter process. The U.S. Office of the Comptroller of the Currency is reopening a path for digital asset firms seeking national bank charters. On Aug. 11, Comptroller Jonathan V. Gould said legally permissible crypto activities should have access to federal banking charters. The OCC has received 40 new bank applications during the past 18 months. OCC Sees More Crypto Charter Applications Gould said the OCC wants to increase new bank formation after years of declining applications. From 2011 through 2014, the agency received fewer than four charter applications annually. However, the OCC has recently processed applications faster. Many complete applications received decisions within 120 days, according to the regulator. The OCC’s digital asset licensing list currently contains 13 pending applications. They include Payward National Trust Company, World Liberty Trust Company, Revolut Bank US, PAYO Digital Bank, EDX Trust, Agora National Trust Bank and Dakota National Trust Bank. Dakota’s July 28 filing remains the newest application listed by the agency. Meanwhile, Circle, Ripple, BitGo, Fidelity Digital Assets and Paxos received conditional approvals in December 2025. Crypto Firms Face Federal Charter Requirements Coinbase received preliminary conditional approval in April, while Circle’s First National Digital Currency Bank became effective July 10. Still, the process does not guarantee approval for every applicant. The OCC denied Wise National Trust’s application on July 21. Meanwhile, banking groups have questioned how broadly national trust charters can cover crypto activities. Senator Elizabeth Warren has also questioned whether some approvals exceed the National Bank Act. The Bank Policy Institute separately asked the OCC to examine Payward’s capital, liquidity, affiliate transactions and resolution planning. These challenges come as regulators revise processes for new banking applicants. The FDIC announced a new deposit insurance review system on Aug. 10. FDIC Changes Deposit Insurance Review The FDIC process applies to applications received after Aug. 15. Phase one targets contingent authorization within 120 days of receiving an application. Phase two can last up to 12 months while applicants complete requirements for final approval. However, many crypto firms seeking national trust charters do not seek FDIC-insured deposits. The OCC also changed its chartering terminology effective April 1. The revised rule replaced references to “fiduciary activities” with “operations of a trust company.” The OCC said the change does not expand or reduce its chartering authority. Meanwhile, Gould said the agency will continue encouraging new banks and legally permitted digital asset businesses. The post OCC Reopens National Bank Charter Path for Crypto Firms appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Bitcoin Bottom Signals Emerge as Seller Exhaustion Builds
Bitcoin’s 3–6 month holder cost basis fell below the 1–2 year average, a pattern seen during previous market bottoms. Glassnode says Bitcoin seller exhaustion remains below past bear-market levels, leaving the bottom unconfirmed. Miners now hold 1.19 million BTC, down from 1.44 million in 2019 as weaker mining economics drive reserve reductions. Bitcoin is showing historical bottom indicators, but analysts say selling pressure has not fully faded. Doctor Profit points to a crossover in Bitcoin’s Realized Price by Age, while Glassnode says seller exhaustion remains below past bear-market levels. Meanwhile, miners continue reducing BTC reserves as mining economics change. Historic Cost-Basis Crossover Returns According to Doctor Profit, the 3–6 month holder cost basis crossed below the 1–2 year holder average. The same crossover appeared during bottom phases in 2015, 2019 and 2022. The analyst said newer buyers likely sold at losses before coins moved toward longer-term holders. Bitcoin now trades below both groups’ average cost basis, according to the indicator. However, Doctor Profit noted that previous crossovers did not trigger immediate reversals. Bitcoin instead moved sideways for months while the market formed a base. The analyst said he has bought Bitcoin between $54,000 and $64,000 for several weeks. He described the current phase as a possible bear-market bottom and accumulation period. Glassnode Says Selling Has Further To Go Glassnode also reported weaker selling pressure, but stopped short of confirming a historical bottom. Its Seller Exhaustion Constant over 30 days has not reached levels seen during previous Bitcoin bear markets. According to Glassnode, sellers appear increasingly exhausted, although demand remains weak. The firm said it continues monitoring whether selling activity stalls further. That leaves seller exhaustion as an observed trend without confirmation from the historical indicator. Miners Keep Cutting Bitcoin Reserves Miner holdings provide another measure of selling pressure. Analyst Darkfost said miners held 1.44 million BTC in November 2019, compared with 1.19 million currently. He said miners have reduced reserves because of lower rewards following Bitcoin halvings. Greater market liquidity has also made it easier for miners to sell BTC needed to fund operations. Notably, some large mining pools are redirecting computing power toward AI as Bitcoin mining becomes less profitable. Darkfost said this shift has contributed to recent miner selling, including activity involving Mara. He added that miners’ selling power is diminishing as their BTC reserves continue to shrink. The post Bitcoin Bottom Signals Emerge as Seller Exhaustion Builds appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
The SEC will vote Friday on whether to propose tailored rules, including exemptions and safe harbors for qualifying crypto offerings. The proposal builds on the SEC-CFTC March interpretation while advancing Chair Paul Atkins’ broader Project Crypto agenda. The SEC may also unveil an innovation exemption for tokenized securities as Congress remains stalled on the CLARITY Act. The SEC will vote Friday, August 14, on proposing new crypto rules as the Senate remains stalled on the CLARITY Act. The meeting, scheduled for 10 a.m. ET in Washington, will consider a tailored offering regime for certain crypto investment contracts. SEC Chair Paul Atkins is advancing the agency’s approach while Congress remains on recess. SEC Prepares Tailored Crypto Offering Rules The proposal would create a dedicated legal route for qualifying token offerings. According to Bloomberg, the rules could include registration exemptions and safe harbors for certain token launches. The framework would build on the SEC and CFTC’s March joint interpretation. That guidance created five token categories and addressed when crypto investment contracts begin and end. Atkins placed the initiative under Project Crypto, the SEC’s 2026 regulatory agenda. The broader plans include token-sale exemptions, safe harbors for decentralizing projects and custody standards. However, Friday’s vote would only consider whether to release the proposal. A vote would not make the rules effective. A successful proposal would instead open a public comment process. The SEC would then review comments before considering any final action. Senate Recess Gives SEC More Room The Senate entered its August recess without advancing the CLARITY Act. The legislation would divide digital asset oversight between the SEC and CFTC. Democrats blocked floor action over an ethics provision involving President Donald Trump’s crypto holdings, according to American Banker. Republican senators Josh Hawley and Jerry Moran also raised concerns about stablecoin yield provisions. Meanwhile, Senate Majority Leader John Thune has said lawmakers will address the measure after returning. The bill still needs 60 votes to advance. Bloomberg ETF analyst Eric Balchunas said the SEC could introduce two major initiatives. One involves crypto offerings, while another could address tokenized securities. Tokenized Stocks Also Await SEC Action The SEC is also preparing an innovation exemption for trading digital versions of securities. Bloomberg reported that details could emerge as soon as Friday. The exemption could cover tokenized stocks and blockchain-based trading. However, people familiar with the plans said details could change before publication. CFTC Chair Michael Selig has also discussed agency action if Congress does not pass legislation. The CFTC and SEC already coordinate on digital asset regulation. Atkins has acknowledged that agency rules lack the permanence of congressional legislation. Meanwhile, Friday’s decision will determine whether the SEC formally begins the new crypto offering rulemaking process. The post SEC Eyes Crypto Token Offering Rules Amid CLARITY Act Delay appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
CRV breakout momentum is building after a strong recovery, but resistance near $0.273 remains the key test for buyers. Price reclaimed $0.26 after a sharp advance, keeping the short-term structure constructive while sellers defend higher levels. A daily close above descending resistance could extend the recovery, while rejection may return price toward established support. CRV breakout momentum is building as buyers challenge long-standing resistance following a strong recovery from lower trading levels. Buyers Push Price Toward Major Resistance The daily structure shows CRV approaching a descending trendline that capped previous rallies. The resistance connects several lower highs formed throughout the prolonged decline. As a result, the current test carries greater weight than routine short-term resistance. Source: X Clifton Fx reported the position running 27% in profit during the latest move. The trader noted that price was testing major daily trendline resistance. A strong breakout, according to the post, could trigger a much larger bullish move. Recent price action supports the improving momentum visible across the shorter timeframe. CRV climbed from roughly $0.239 toward the $0.27 region during the session. The advance created successive higher highs and higher lows across the intraday chart. However, sellers responded when the price approached approximately $0.272. The rejection pushed CRV back toward the $0.265 area before buyers regained some ground. That reaction shows supply remains active around the upper portion of the current range. $0.26 Becomes the Immediate Price Pivot CRV is as of writing, trading at $0.2647, a roughly 10.7% daily gain. The displayed 24-hour range extends from approximately $0.2391-$0.2727. This places the current price closer to resistance than the session's starting levels. The $0.26 region has developed into an important short-term pivot. Price repeatedly interacted with this area after the strongest part of the advance. Holding above it would preserve the recent bullish structure and keep buyers positioned for another test. The move above $0.25 also changed the immediate market structure. Buyers accelerated through that level before extending toward $0.26 and beyond. Such price expansion indicates stronger demand compared with the previous consolidation around $0.24. Still, the rally has not yet confirmed a broader trend reversal. The descending daily trendline remains overhead and continues to define the larger structure. Until price clears that barrier convincingly, the long-term sequence of lower highs remains active. Breakout Confirmation Could Define the Next Move The immediate resistance zone sits around $0.27-$0.273, with $0.2727 marking the displayed session high. A decisive move beyond that region would place price above recent resistance. Sustained trading there would provide stronger confirmation of continued recovery. The projected green zone on the daily chart marks the potential area following resistance clearance. Its position suggests room for a broader advance if buyers establish control above the trendline. However, the chart does not confirm that such continuation will occur. Volume also remains relevant as price approaches resistance. The current session recorded approximately $103.8 million in 24-hour trading volume. Stronger volume during another breakout attempt would provide additional confirmation behind the move. Meanwhile, CRV's market capitalization stands near $409.5 million, with total value locked around $1.43 billion. That TVL figure provides broader context for the token's position within the DeFi market. Nevertheless, price remains focused on the immediate battle between support and resistance. As of the time of writing, $0.26 remains the key level protecting the recent advance. Above it, buyers can target $0.27-$0.2727 resistance. Failure to hold $0.26 could instead bring consolidation toward $0.255 or $0.25. The post CRV Breakout Tests a Major Trendline appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
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.
Log in to explore more content
Join global crypto users on Binance Square
⚡️ Get latest and useful information about crypto.