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According to CNA, the UK Financial Conduct Authority (FCA) and crypto exchange HTX are in settlement talks over allegations that the platform illegally promoted crypto services to UK consumers, court filings show. The FCA sued HTX in October 2025, alleging violations of the UK’s crypto financial promotion rules introduced in 2023, marking the regulator’s first lawsuit against a crypto firm over marketing to UK consumers. London’s High Court has paused the proceedings to give the two sides until late August to resolve the dispute. Both the FCA and HTX declined to comment on the status of the talks.

According to CNA, the UK Financial Conduct Authority (FCA) and crypto exchange HTX are in settlement talks over allegations that the platform illegally promoted crypto services to UK consumers, court filings show. The FCA sued HTX in October 2025, alleging violations of the UK’s crypto financial promotion rules introduced in 2023, marking the regulator’s first lawsuit against a crypto firm over marketing to UK consumers. London’s High Court has paused the proceedings to give the two sides until late August to resolve the dispute. Both the FCA and HTX declined to comment on the status of the talks.

Hyperliquid Foundation has opened its low-latency on-chain data nodes to qualified infrastructure providers, allowing them to offer access at standardized pricing, currently indicated at under $1,000 per month. Previously, direct access required staking 10,000 HYPE and qualifying for Tier 1 maker rebates, defined as more than 0.5% of 14-day weighted maker volume.

South Korea is tightening transfers to offshore crypto platforms after Bybit, MEXC and HTX apps were removed from local Google Play. Under revised rules, exchanges may require proof of account ownership, transaction purpose and source of funds, and can delay or reject transfers if information is insufficient. Transfers of 10 million won ($7,000) or more to overseas exchanges or self-hosted wallets will face enhanced suspicious-transaction monitoring.

U.S. spot Bitcoin ETFs recorded $61.16 million in net outflows on Aug. 12, led by Fidelity’s FBTC with $46.82 million in redemptions. Spot Ether ETFs, by contrast, posted $7.38 million in net inflows, all of which went into BlackRock’s ETHA. Farside Investors independently shows the same rounded figures — $61.1 million of Bitcoin ETF outflows and $7.4 million of Ether ETF inflows.

Solana Foundation technology executive Jacob Creech said an infrastructure provider used by some validators suffered an outage overnight, but the Solana network continued producing blocks and processing transactions throughout the incident. Of 699 staked validators, 597 — roughly 85% — continued voting, while affected validators recovered within 40 minutes and validators in the Solana Foundation Delegation Program were unaffected.

Bitcoin spot exchange volume has fallen to its lowest level since Glassnode’s data series began in early 2019, with BTC caught between the $63,000 Median Realized Price and the $68,700 Short-Term Holder Cost Basis. Seller-exhaustion indicators are approaching levels seen near previous bear-market bottoms, but spot demand remains weak, with only modest ETF inflows and continued net BTC flows onto exchanges. Glassnode warned that thin bids and crowded leverage could amplify losses if Bitcoin breaks below the June low near $58,500.

GSR’s Core3 model portfolio raised its Solana allocation to 43.6%, making SOL its largest position, while cutting Ether to 39.5% and Bitcoin to just 16.9%, as the model’s relative alpha signals shifted further toward Solana. SOL gained 2.98% over the past week, outperforming BTC and ETH, while Ether remained the strongest performer over 30 days with a 7.88% gain.

Hyperliquid founder Jeff said HIP-1 will add a deployer-controlled scaleWei function that can atomically distribute tokens in proportion to users’ holdings of a reference token and support token redenominations. When the distributed token is also the reference token, balances can be adjusted in either direction, with open orders canceled and replaced at the new scale.
Based on its design, the function could potentially be used for corporate actions involving tokenized stocks, including stock splits, reverse splits, proportional dividend distributions and spin-off distributions.

Data compiled by the WuBlockchain Data Center show that derivatives trading volume across 12 major exchanges fell 11.1% month over month to $3.03 trillion in July, from $3.40 trillion in June, with three exchanges recording gains and nine posting declines. Binance ranked first with $1.40 trillion in volume, accounting for 46.3% of the total, followed by OKX with $581.3 billion and Bybit with $284.5 billion. The top three exchanges together accounted for 74.9% of total derivatives volume.
Bitget posted the largest month-over-month increase at 23.5%, followed by Gate at 21.1% and KuCoin at 7.3%. Deribit recorded the steepest decline at 44.4%, followed by HTX at 25.7% and Hyperliquid at 18.5%. The futures-to-spot volume ratio rose to 7.06x in July from 6.21x in June, an increase of 13.6%.

According to The Information, Hyperliquid is seeking a path to bring its perpetual futures to the U.S. market. The platform is currently unavailable to U.S. users. Previously, the Hyper Foundation-funded Hyperliquid Policy Center conducted policy research and advocacy in Washington, pushing for a regulated U.S. access framework for onchain perpetual futures and decentralized market infrastructure.

U.S. July unadjusted CPI rose 3.4% YoY, in line with expectations of 3.4%, versus 3.50% previously. July seasonally adjusted CPI rose 0.1% MoM, in line with expectations of 0.1%, versus -0.40% previously. July seasonally adjusted core CPI rose 0.2% MoM, in line with expectations of 0.20%, versus 0.00% previously. July unadjusted core CPI rose 2.5% YoY, in line with expectations of 2.50%, versus 2.60% previously.

Statistics compiled by the WuBlockchain team:
https://data.wublockchain.xyz/dashboard/exchange_volume
In July 2026, derivatives trading volume across major exchanges totaled about $3.03 trillion, decreased approximately 11.1% from $3.40 trillion in June 2026. The sample covers 12 exchanges, of which 3 rose and 9 fell month over month.
By notional volume, the top three were Binance $1.40 trillion (46.3% share), OKX $581.3 billion (19.2% share), Bybit $284.5 billion (9.4% share). On concentration, the largest venue held about 46.3%, while the top three combined for about 74.9%.
The three strongest MoM performers were Bitget $171.1 billion (+23.5%), Gate $99.7 billion (+21.1%), KuCoin $16.7 billion (+7.3%); the three largest declines were Deribit $12.9 billion (-44.4%), HTX $16.2 billion (-25.7%), Hyperliquid $217.0 billion (-18.5%).
The futures-to-spot volume ratio was 7.06x in July 2026, increased approximately 13.6% from 6.21x in June 2026.
Note: The data may involve significant wash-trading or bot activity. Figures have been preprocessed, including outlier removal, calibration, and standardization.
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Marinade Finance said 28.83% of staked SOL went offline earlier today after a routing failure at infrastructure provider Teraswitch, approaching the 33.34% threshold at which Solana would stop finalizing transactions. The incident affected about 90 validators, with AS20326 alone hosting 118.9 million SOL, or 27.34% of network stake, 94% of which went offline simultaneously. Traffic recovered after roughly 33 minutes, with affected validators losing about 333 SOL in rewards. Marinade said the incident highlighted concentration risks across ASNs, data centers and validator failover infrastructure, and plans to review its concentration limits.

According to Bloomberg, crypto market maker Wintermute plans to invest about $1 billion in high-frequency trading and AI data-center infrastructure over the next five years, funded through retained earnings, while expanding into equities, commodities, foreign exchange and prediction markets.
CEO Evgeny Gaevoy said average daily trading volume has fallen from about $15 billion last year to $10 billion this year. Non-crypto markets currently generate around 10% of revenue, with Wintermute targeting more than 50% by the end of 2027.
Its U.S. affiliate has registered as a broker-dealer, allowing it to trade equities and equity options and act as an authorized participant for exchange-traded products. Wintermute also plans to double its 17-person New York team next year and expand its global headcount by 40%.

Strategy Executive Chairman Michael Saylor shared data from the company’s BTC Credit model, based on a reference case of a 10% BTC annual return, a BTC price of $63,701 and 40% volatility.
The model shows $53.54 billion in BTC reserves and $4.65 billion in USD reserves. It puts STRC’s BTC floor—the price below which the instrument would become undercollateralized—at $16,184, with BTC risk of 8.84% and a credit spread of 115 basis points. Strategy’s debt and preferred stock have a combined notional value of $21.95 billion, with an overall BTC floor of $20,587.

Grant Cardone: Bitcoin Is Real Estate You Can Take Anywhere
Grant Cardone, CEO of U.S. real estate investment firm Cardone Capital, said in an August 8 DraperTV interview that he has invested in real estate for 40 years and believes there is "never a bad time to buy real estate" if you hold long enough, avoid excessive leverage, and maintain cash flow. He compared Bitcoin to "real estate without the gutters" - no HVAC, roof or siding to maintain, no termites or tenants, and no evictions or property taxes. Cardone said that while publicly known as a real estate investor, he has privately supported Bitcoin for 13 years and views it as "portable digital property."

Harmony, a Layer 1 blockchain launched in 2019, said it is working with exchanges to stop and freeze funds following a suspected exploit, while developing a patch and evaluating rollback options. On-chain analyst Juiceberg reported that roughly 4 billion ONE, equivalent to about 26% of the token supply, was minted without authorization via empty blocks, with around 2.8 billion ONE quickly routed to exchanges as the token price plunged. Harmony has yet to disclose the root cause or confirm the amount involved. The network previously suffered a roughly $100 million exploit of its Horizon Bridge in 2022.

U.S. Comptroller of the Currency Jonathan V. Gould said entities engaged in legally permissible activities, including those involving digital assets and other novel technologies, should have a path to becoming national banks, adding that “America and the OCC are once again open for business.” The OCC said it has received 40 de novo applications over the past 18 months, including applications for national trust banks, and has made decisions on many complete applications within 120 days.