Category: Peer to Peer

Tether is expanding its asset-tokenisation business into Saudi Arabia, beginning with institutional real estate as the stablecoin group deepens its move into blockchain-based financial infrastructure beyond its core USDT franchise. The company’s Hadron platform will provide the technology needed to issue and manage tokenised property assets for institutional investors. Riyadh-based First Data will serve as issuer and market operator, while fintech company BKN301 will connect the system with banking and compliance infrastructure. The partners plan to broaden the model later

Hyperliquid-linked exchange-traded funds have lost their early momentum, with inflows slowing sharply in July and early August as competition intensifies across cryptocurrency derivatives and prediction markets. JPMorgan analysts said the pullback follows unusually strong demand in May and June, when Hyperliquid ETFs led non-bitcoin cryptocurrency funds in inflows relative to assets under management. The reversal has raised questions about whether the fast-growing decentralised trading platform can maintain market share as regulated alternatives expand. The change is notable because Hyperliquid had emerged as

Bitcoin miners are facing an intensifying profitability crisis as the average cost of producing one coin approaches $78,000, leaving about one-fifth of the global mining fleet operating at a loss. Bitcoin was trading near $64,500 on Thursday, roughly 17% below the estimated industry-wide production cost. The gap has persisted for several months, forcing operators to shut down older machines, sell cryptocurrency reserves and redirect capital towards artificial intelligence data centres. Mining companies generated new Bitcoin by operating specialised computers that compete to

Aave founder Stani Kulechov has opposed a proposed change to Ethereum’s monetary policy, warning that cutting validator rewards as staking expands could weaken decentralised finance, deter investors and undermine ether’s appeal as a productive asset. The disputed plan, initially circulated as EIP-8361 and subsequently renumbered EIP-8363, would introduce a “tapered issuance burn”. It would destroy an increasing share of the newly issued ether allocated to validators as the proportion of staked ETH rises. Consensus-layer issuance would effectively fall to zero when about

A volunteer security group has flagged 85 potentially critical vulnerabilities across hundreds of Bitcoin-related software projects, exposing the scale of weaknesses that artificial intelligence can identify faster than developers can verify or repair them. The Bitcoin Red Team recorded 4,962 security findings after running advanced AI models against 390 open-source repositories during an intensive audit spanning about 27.5 hours on August 4 and 5. The findings included 635 issues initially classified as high severity, alongside the 85 placed in the critical

Tether’s gold-backed digital asset XAU₮ has received Shariah compliance certification, widening its potential use among Islamic banks, institutional investors and individuals seeking digitally accessible exposure to physical bullion. The certification was issued by Amanah Advisors, an Islamic finance consultancy led by scholar Mufti Faraz Adam. It found that the token’s structure complies with core Islamic finance principles, including real ownership of an underlying asset, transparent backing and the absence of interest, leverage and speculative derivatives. XAU₮ is issued by TG Commodities, S.

Chainlink’s LINK token is being withdrawn from centralised cryptocurrency exchanges at its fastest pace in more than a month, signalling that a growing number of holders may be moving assets into private wallets rather than preparing to sell them. About 1.26 million LINK left known exchange addresses during the 24 hours to August 4, the largest daily net outflow since June 29. The transfer was worth roughly $10 million at prevailing prices and extended a broader decline in the amount of

Bitcoin’s largest holders have accumulated 19,610 coins since July 29, widening a sharp divide with smaller investors who reduced their exposure after a major security failure involving Coldcard hardware wallets. Wallets holding between 10 and 10,000 Bitcoin increased their combined balances by 0.14 per cent over the period. Addresses containing less than 0.01 Bitcoin cut their holdings by 0.55 per cent, indicating that retail investors were more inclined to sell as concerns over self-custody security spread through the market. The accumulated coins

Canary Capital’s spot Hedera exchange-traded fund has expanded regulated access to HBAR through Nasdaq, giving investors exposure to the cryptocurrency without requiring digital wallets, private keys or direct custody arrangements. The Canary HBAR ETF, trading under the ticker HBR, is the first US-listed spot fund dedicated to Hedera’s native token. The product began operations on October 27, 2025, and started trading on Nasdaq the following day after its registration became effective. The launch followed a regulatory process that began well before

XRP entered August trading near $1.06, with investors weighing strong institutional demand against fading expectations that US lawmakers will pass landmark cryptocurrency legislation before the congressional recess. The token remains about 71% below the record of roughly $3.66 reached in July 2025, when regulatory optimism and expectations of exchange-traded fund approvals drove a sharp market advance. Its subdued price has prompted debate over whether institutional accumulation is preparing the ground for another breakout or merely cushioning a prolonged downturn. Bullish analysts argue

Trump Media & Technology Group’s publicly tracked bitcoin holdings have fallen to almost the exact amount it previously disclosed as collateral for convertible notes, intensifying scrutiny over whether a $165 million transfer to Crypto. com was a custody adjustment or a disposal. Wallets linked to the Truth Social parent moved about 2,628 bitcoin to Crypto. com in two transactions during the weekend. The tokens were valued at roughly $165 million at the time, based on bitcoin trading near $63,000. The transfers left

A critical flaw in Coldcard hardware wallets has enabled the theft of at least 594 bitcoin from hundreds of users, intensifying scrutiny of devices promoted as one of the safest ways to store digital assets. The stolen cryptocurrency was valued at about $38 million when the coordinated transactions occurred on July 31. Claims circulating on social media that the loss has exceeded $88 million could not be independently confirmed through blockchain data or disclosures available by early August. The attacker emptied funds

Russia has prohibited cryptocurrency mining across Moscow, the surrounding Moscow Region and parts of the Kursk Region until the end of 2032, widening restrictions designed to protect electricity networks from power-intensive digital currency operations. The measure will take effect on August 15, 2026, and remain in force until December 31, 2032. It covers both the mining of digital currencies and participation in cryptocurrency mining pools, closing a potential route through which operators could continue contributing computing power to operations based elsewhere. Prime

Binance founder Changpeng Zhao has urged cryptocurrency holders to divide their assets among several wallets after attackers stole more than $70 million in bitcoin by exploiting weak recovery phrases generated by Coldcard hardware devices. Zhao, widely known as CZ, said even hardware wallets with long operating histories could contain software flaws. His warning marked a shift from the traditional advice to diversify cryptocurrency holdings, extending the principle to the infrastructure used to store them. The theft unfolded on July 30, when more

Bitcoin is shifting from speculative traders to long-term holders, but weak demand is preventing the tightening supply structure from producing a convincing price recovery. On-chain indicators show that coins are changing hands less frequently as investors with longer holding horizons expand their share of the network’s realised value. Short-term holders now account for about 23% of Bitcoin’s realised capitalisation, a multi-year low, while the long-term holder share has climbed to roughly 52%. The transition resembles conditions observed near the 2022-2023 bear-market

A flaw in seed generation allowed an attacker to steal more than 1,000 bitcoin from nearly 1,200 cold wallets without gaining physical or remote access to the hardware devices. The attacker drained 1,082.65 bitcoin, valued at about $70 million, from 1,196 wallet addresses on July 30. The transfers occurred between 01:10 and 01:51 UTC and were recorded across six Bitcoin blocks, making the operation one of the largest thefts traced to predictable cryptocurrency wallet keys. Blockchain analysts at Galaxy Research mapped the

Russia has moved closer to opening a regulated cryptocurrency market while Washington struggles to complete its own digital-asset framework, creating a sharp contrast between state-controlled certainty in Moscow and political deadlock in the United States. The State Duma approved legislation governing cryptocurrency trading in its second and third readings on July 21. The measure must complete the remaining constitutional steps, including consideration by the Federation Council and presidential approval, before becoming law. Core provisions are scheduled to take effect on September

Major cryptocurrencies traded within narrow ranges on Thursday as Asian semiconductor shares stabilised after Samsung Electronics reported a dramatic rise in chip earnings, easing pressure across technology-linked risk assets. Bitcoin hovered near $64,100, while Ether changed hands around $1,905. XRP traded at about $1.07, Solana near $74 and BNB around $572. Tron was little changed at roughly $0.33, while Hyperliquid’s HYPE token slipped towards $54. Trading activity remained subdued. Bitcoin recorded about $28 billion in turnover over 24 hours, while Ether volumes

Robinhood Markets shares dropped about 4% in extended trading after the brokerage reported stronger-than-expected quarterly earnings, as investors focused on falling cryptocurrency revenue and higher operating costs. The trading platform generated $100 million from cryptocurrency transactions during the second quarter, down 38% from a year earlier. The decline was offset by sharp gains in options, equities and prediction markets, helping total net revenue rise 32% to a record $1.31 billion. Transaction-based revenue increased 44% to $776 million. Options remained the largest contributor

Hyperliquid’s HYPE token has emerged as one of the strongest-performing major crypto assets of 2026, outpacing Bitcoin, Ether and Solana as expanding derivatives activity, rising protocol income and large staking transactions draw greater investor attention. A large holder transferred 557,902 HYPE tokens from institutional trading firm FalconX and deposited the entire holding into Hyperliquid’s staking system on July 25. The tokens were valued at about $32.87 million at the time, making the transaction one of the most prominent signals of long-term

The team behind the Official Trump meme coin has transferred about $16.9 million of TRUMP tokens to three custody addresses linked to Fireblocks, drawing fresh attention to the asset’s concentrated ownership and prolonged price decline. Blockchain records indicate that roughly 10.8 million tokens were moved on July 25, based on the market price at the time. The receiving addresses have handled TRUMP before, with some holdings later routed through other institutional custody infrastructure. The transaction does not establish that the tokens

Shiba Inu surged as much as 36 per cent during weekend trading, with concentrated demand on South Korean cryptocurrency exchanges pushing the meme token to its strongest turnover levels in months despite no verified project announcement or fundamental catalyst. The Ethereum-based token climbed to about $0.0000057 on Sunday, briefly adding close to $1 billion to its market value. Its capitalisation approached $3.4 billion at the rally’s peak, while daily trading volume rose sharply as traders rushed into a market that had

Europe’s tougher digital-asset rules are creating conditions for a new wave of mergers and acquisitions as crypto companies seek licences, compliance expertise, customers and stronger links with established banks. The European Union’s Markets in Crypto-Assets regulation, known as MiCA, entered a decisive phase on July 1, when the final transitional arrangements expired across the bloc. Crypto exchanges, custodians and other service providers can no longer rely on older national registrations and must hold authorisation as crypto-asset service providers to continue serving

XRP traded in a narrow range after a turbulent week as smaller holders continued reducing their exposure while large wallets accumulated hundreds of millions of tokens, widening a divide between retail caution and longer-term institutional positioning. The cryptocurrency hovered near $1.10 during Thursday’s session, struggling to sustain advances after repeated attempts to recover from a sharp market-wide correction. XRP remained below several closely watched moving averages, while trading volumes suggested buyers were unwilling to chase prices without a stronger catalyst. Wallet data