Binance SDNK Contract Surges Above BTC and ETH in Trading Volume
SanDisk (SNDK) perp contract on Binance has surpassed two of the largest crypto assets, Bitcoin and Ether, in trading volume. The TradFi asset SNDK attracted more than $7.38 billion in volume over the past 24 hours. During that period, BTC and ETH saw only $6.11 billion and $4.57 billion, respectively, according to Binance market data. This wasn’t a sudden move, actually. As of August 17, SNDK was the third-biggest perp on Binance, with a 24-hour trading volume of around $3.71 billion. As of then, the stock contract carried $1.73 billion in open interest, 1.86 times SPCX’s $928 million and 3.51 times SKHX’s $493 million. SDNK flips BTC and ETH in trading volume SDNK pushed to a high of $1,693 earlier today before settling at $1,641 at the time of writing. The price has risen over 35% from the $1,213 low in less than two weeks. It appears that interest in stock perpetuals is beginning to overshadow that in major altcoins, at least on Binance, based on trading volume. Of all the top 10 traded perpetual contracts on Binance in the last 24 hours, half were TradFi contracts. Following SNDK are SKHYNIX with $2.48 billion in volume, KORU at $1.84 billion, SOXL at $1.82 billion, and SPCX at $1.35 billion, according to Binance market data at the time of writing. Binance began introducing tokenized stocks in June under the bStock program, which is now the second-largest issuer of tokenized stocks by market cap, per earlier reporting by Cryptopolitan. On August 13, bStock recorded a market cap of up to $610.6 million, or 22.1% of the entire sector, surpassing xStocks at $601.2 million. Ondo Finance led with $951.8 million and a 34.4% share. The post Binance SDNK contract surges above BTC and ETH in trading volume first appeared on Coinfea.
Singapore Pauses $58 Million in Crypto Over Disputed Transfer
The Singapore International Commercial Court (SICC) has authorized the freezing of about S$75 million ($58 million) in Bitcoin and USD Coin (USDC) in a crypto legal battle that has dragged on for years. The episode began after a customer received coins that were never meant for them because the unnamed exchange was looking at an outdated ledger when it initiated the transfer. Observers are now drawing parallels between this episode and the Bithumb customers who quickly withdrew tokens that were wrongfully sent to them after an employee error. The Singapore court granted an interim proprietary injunction on March 26 in the case listed on its eLitigation service as DVA and another v DVC [2026] SGHC(I) 4. International Judge David Goddard, who sat with High Court Justice Aidan Xu and International Judge Anthony Meagher, delivered the rulings. The claimants appear as DVA and DVB, the customer as DVC. Singapore court suspends transfer amid dispute The Singapore court documents did not name the crypto platform litigating the wrongful transfer case, only going as far as describing the claimant as one of the world’s largest digital-asset trading operations. But the judgment revealed that the customer has used the platform since around 2013, founded his own blockchain in 2016, and set up a cryptocurrency exchange of his own. Apparently, the unnamed exchange discontinued support for its specialized self-custody wallet product in April 2018. However, users were not immediately cut off, as there was a period after the exchange wound down the service during which they could still use a third-party open-source tool to access wallets. As for how the wrongful transfer happened, the exchange’s systems continued to show that the customer named in the lawsuit still had 2,500 Bitcoin and 2,500 Bitcoin Cash in their specialized wallets when, in fact, they had already emptied those accounts in March 2020. The first transfer, per court records, saw 2,500 BTC leave the wallet on March 2, 2020, landing in an account registered on a cryptocurrency exchange that the customer founded. The transfer of 2,500 BCH was initiated six days later. 250 of those coins went to Binance, ruling out the exchange as a potential claimant or defendant in this case. The problem with these withdrawals was that the platform’s internal ledger just never logged them. Hence, the exchange continued to send reminders to the customer to move their tokens for up to four years after the actual withdrawals. A help offer from a relationship manager in June 2024 turned up an automated “remediation tool” in July that ended up with the exchange sending 2,500 BTC and 2,500 BCH of its own holdings to the customer in what appears to be a classic double-spend incident. The platform clawed back the 1,700 BTC and 2,500 BCH in the customer’s wallet when it caught the mistake on January 29 2025. The customer has resisted the refund request on the missing balance, insisting on their claim to the disputed tokens as part of a defense strategy that disagrees with the platform’s version of events. The interim order bars the customer from selling, moving, or reducing the value of about 780 BTC and 816,773 USDC, along with any profits, interest, or assets derived from them. The court also ordered him to disclose where the disputed coins and their proceeds now sit, which matters because later transactions have made some of them hard to trace. The judges did not give the platform everything. They refused, for now, to let it use that disclosure to chase similar freezes in other countries, leaving it to apply again later if needed. The post Singapore pauses $58 million in crypto over disputed transfer first appeared on Coinfea.
AIBC World 2026 倒計時已經開始,歐洲最重要的、面向前沿技術的年度盛會之一也即將於今年十一月開啓,相關期待正在不斷升溫。羅馬將成爲來自 AI、區塊鏈、金融科技、遊戲與數字創新領域的領導者們的會面之地——AIBC World 將彙集正在塑造數字經濟下一階段的企業、投資者與決策者。 在“連接前沿技術與真實世界應用及數字可擴展性”的主題下,AIBC World 2026 將匯聚 AIBC、SiGMA、FX.World 和 AGS,舉辦一次面向跨行業的盛會,聚焦協作、創新與商業機會。
美國總統唐納德·特朗普預計將於週三在白宮接待加密公司和預測市場企業,雙方將就監管進行閉門會談;現場預計會有多位業界重要人士。唐納德·特朗普預計將在此次聚會上發言,而美國商品期貨交易委員會(CFTC)主席邁克·塞利(Mike Selig)也計劃向參會者致辭。 預計將參與的公司包括Coinbase、a16z、Ripple、Chainlink、Kalshi、Paradigm以及Digital Chamber。Paradigm是Kalshi的投資者之一。負責特朗普數字資產總統顧問委員會的Patrick Witt也預計將出席。白宮會議將於週四美國商品期貨交易委員會(CFTC)召開其新成立的、由35名成員組成的創新諮詢委員會首次會議前一天舉行。此前,美國財政部下屬的貨幣監理署(Office of the Comptroller of the Currency)已就與World Liberty Financial相關的一家國家信託銀行申請,授予有條件的初步批准;World Liberty Financial是特朗普與其家族成員共同推出的加密業務。
灰度研究負責人扎克·潘德爾將以太坊的發行情況與最小國家的財政進行對比。 在一條標註爲“關於 $ETH 發行的準頭腦風暴(Quasi brainstorm on $ETH issuance)”的 X 帖子中,潘德爾將以太坊描述爲一個通過新創建的 ETH 來爲安全提供資金,而不是通過徵稅的系統。 潘德爾表示,以太坊“類似於一個最小的國家形態”,其主要責任只有一項:保護財產權並促進價值交換。他補充說,“以太坊不會通過徵稅來爲政府服務提供資金”,從而強調網絡安全的融資方式。