News linked to this event type.
Odaily News: Anatoly Popov, Deputy Chairman of the Executive Board at Sberbank, Russia's largest bank, stated that the country's compliant crypto trading is expected to reach at least 4 trillion rubles (approximately $46.43 billion) in its first year. The bank projects that as investors shift toward the official trading system, this figure could grow to approximately 7.5 trillion rubles (around $87.06 billion) by 2029.He noted that the majority of crypto trading volume will still flow outside the regulated exchange system, with only about 20% of trading volume—amounting to 3.5 trillion to 4 trillion rubles per year—expected to be conducted through exchanges in the first year. The relevant framework will take effect on September 1, allowing investors to legally purchase crypto assets through brokers.Non-qualified investors will be permitted to purchase up to 300,000 rubles in crypto assets annually through a single licensed intermediary, and must pass a risk awareness test; qualified investors have a higher annual cap of 3 million rubles. Official exchanges will initially only be allowed to trade Bitcoin, Ethereum, and USDT, with all other altcoins excluded; exchanges must complete their registration by July 1, 2027. (Bitcoin.com News)
Brian Armstrong stated on the X platform that the president is very perceptive in recognizing that the previous administration's crackdown on cryptocurrency left millions of Americans feeling disenfranchised. Now is the time to push forward the legislative process for the Clarity Act, a bill that will protect consumers. This legislation will benefit banks, law enforcement agencies, cryptocurrency companies, and most importantly, the American people.
Odaily News: Bitcoin News posted on X platform that Blockstream stated Jade is not affected by the Coldcard random number generator vulnerability, and has released firmware 1.0.41 following a large number of AI-assisted security reviews.Jade stated that it has undergone dozens of automated AI scans and multiple manual reviews, focusing on sensitive areas such as random number generation and transaction signing.The new firmware strengthens stack protection, updates dependencies, audits sensitive memory cleanup processes, and upgrades the Jade runtime environment.Blockstream stated that Jade's random number generation mechanism uses multiple entropy sources, including hardware chip noise, timing data, sensor data, and camera noise, mixed via SHA-512 to prevent a single entropy source failure from affecting seed generation.The team stated that other lower-severity findings are still being addressed, and firmware 1.0.42 is expected to be released within a shorter development cycle.
Odaily News The U.S. Commodity Futures Trading Commission (CFTC) stated that former White House teleprompter operator Gabriel Perez has agreed to pay $172,000 to settle charges related to misusing advance information from presidential speeches to trade "presidential mention market" contracts. Such contracts settle based on whether specific words or phrases appear in presidential speeches.Perez profited over $107,500 between December 2025 and February 2026. The settlement includes disgorgement of $107,500 in profits, payment of a $65,000 civil monetary penalty, acceptance of a 3-year trading ban, and cessation of violations of the Commodity Exchange Act.The CFTC stated that Perez's penalty was significantly reduced under its new cooperation policy due to his cooperation with the investigation, and acknowledged the assistance provided by trading platform Kalshi. The CFTC noted that event contracts fall within its regulatory scope and that insider trading rules apply to相關 swap contracts. (Decrypt)
Odaily News - The UK government has released its first official statistics on taxable crypto asset gains, with 240 individuals each declaring over £1 million in capital gains for the 2024-25 tax year, totaling £717 million—accounting for more than half of the £1.38 billion declared by 17,600 individuals.HM Revenue & Customs (HMRC) stated that 17,600 individuals declared £13.8 billion in proceeds from crypto asset disposals and £1.38 billion in taxable gains, averaging approximately £78,000 per person. Of these, around 87% were male and 13% female. Selling, exchanging, spending tokens, or gifting assets to others may all trigger tax obligations.HMRC has issued 81,000 crypto tax letters over the past 12 months, a 25% increase from approximately 65,000, and nearly three times the 27,714 letters issued in the 2023-24 tax year. James Murray, Financial Secretary to the Treasury and Paymaster General, stated that gains from crypto assets are subject to tax just like other gains.The UK plans to adjust tax treatment for certain DeFi transactions starting April 6, 2027, with related lending and liquidity pool transactions typically deferring capital gains tax until an economic disposal occurs. This is expected to affect around 700,000 people. HMRC estimates that its crypto tax compliance and education campaigns have generated an additional £168 million in capital gains tax revenue in 2024-25. (Bitcoin.com News)
The CME FedWatch tool shows that the probability of a 25 basis point rate hike at the Federal Open Market Committee (FOMC) meeting on September 16 has risen to 57%, with the target rate range potentially rising to 3.75% to 4%; the probability of maintaining the current range of 3.5% to 3.75% stands at 43%.On August 21, the probability of a rate hike was 39.9%, which rose to 57% after the Jackson Hole speech on August 28, and market bets on a September rate cut have essentially disappeared.Polymarket data shows that the probability of the federal funds rate remaining unchanged is 52%, while the probability of a hike is 48%, with related trading volume exceeding $66.6 million. Kalshi data shows that the probabilities of holding rates steady and hiking are 52% and 48%, respectively, with related trading volume exceeding $23.8 million.In his speech at the Jackson Hole Economic Policy Symposium, Federal Reserve Chairman Kevin Warsh stated that the Fed will adhere to its 2% Personal Consumption Expenditures (PCE) price index inflation target, and noted that his commitment is to discipline rather than specific decisions. Data shows that the 12-month PCE inflation rate is 3.7%, and the 6-month reading is 4.1%. (Bitcoin.com News)
Odaily News: Isabel Schnabel, a member of the Executive Board of the European Central Bank (ECB), stated at the Jackson Hole Economic Policy Symposium that central bank reserves remain superior to stablecoins as the ultimate settlement asset, and that the ECB must place central bank reserves on the blockchain. She noted that stablecoins lack the independent capacity to rapidly expand liquidity during periods of financial stress.Schnabel stated that tokenization can make financial transactions faster, safer, and programmable, but only if central bank money operates on the same infrastructure as other tokenized assets. The ECB's Project Pontes is scheduled to launch in September 2026, initially connecting TARGET services with DLT platforms operated by market participants.Project Pontes will subsequently support direct settlement on DLT platforms operating within the Eurosystem, gradually incorporating smart contract functionality and 24/7 operation. Project Appia, meanwhile, is responsible for developing the long-term architecture, technical standards, and legal framework for the European tokenized asset market, with a complete blueprint expected by 2028. (Bitcoin.com News)
Odaily News – After South Korea raised capital thresholds and added trading restrictions, the leveraged trading capital previously concentrated in Samsung Electronics and SK Hynix has contracted notably. However, some market participants worry that the restricted leveraged capital may shift toward index-based or overseas leveraged ETFs, and the effectiveness of the regulatory measures still requires further observation.Looking at specific targets, eight products linked to SK Hynix saw net selling of approximately 1.2415 trillion KRW, while eight products tied to Samsung Electronics recorded net selling of around 531.6 billion KRW.The cooling in trading activity is equally pronounced. The aforementioned 16 products posted an average daily trading volume of roughly 11.6787 trillion KRW from their listing in May through July 30. Since August, this has dropped to about 1.0059 trillion KRW, a decline of more than 90%, now equivalent to only about 8% of the level seen before the regulatory measures were implemented.The regulatory tightening began on July 31. South Korea's financial regulators raised the base margin threshold for single-stock leveraged ETFs from 10 million KRW to 30 million KRW; starting August 19, investors are also required to complete simulated trading before transacting in related products. Regulators plan to further increase the minimum trading unit, targeting an adjustment to 20 shares by November. Before the regulations were introduced, single-stock leveraged ETFs had enjoyed strong popularity among South Korean retail investors. Between May 27 and July 30, individual investors cumulatively net purchased approximately 15.2876 trillion KRW across the aforementioned 16 products, with SK Hynix-related products attracting about 9.9365 trillion KRW and Samsung Electronics-related products drawing around 5.3511 trillion KRW. (Newsis)
Odaily News: The sandwich attack bot operated by JaredfromSubway.eth has extracted a cumulative total of 117,007 ETH since March 2023, worth approximately $295 million at current prices. In June 2026, an anonymous attacker deployed 66 counterfeit token contracts, exploiting the bot's automated trading logic to steal at least $7.5 million in ETH and stablecoins, and funneled the funds into Tornado Cash. The stolen assets have not yet been recovered.Sandwich attacks are a form of Maximal Extractable Value (MEV): the bot monitors large transactions in Ethereum's public mempool, buys ahead of the target transaction, and sells after the transaction pushes the price up, capturing profits from the spread. The bot's primary contract had received a cumulative total of 117,007 ETH as of August 28.MEV-Boost block construction is centralized among a small group of participants, with relay.ultrasound.money, Titan Relay, and bloXroute regulated relays collectively forwarding approximately 85% to 88% of related blocks within a 24-hour window; Titan's builder independently assembled 50.3% of the blocks. Monthly sandwich attack extraction amounts have declined from approximately $10 million in late 2024 to roughly $2.5 million in October 2025. (Bitcoin.com News)
Odaily News: Deribit will remove its public "Proof of Reserves" page on September 1, and users will no longer be able to verify the platform's customer assets and liabilities on a daily basis through that page.It is reported that this adjustment comes after Deribit completed its integration with Coinbase, with approximately 90% of customer assets now under Coinbase's custody arrangements. This change means Deribit is shifting from daily public transparency verification to an asset verification model primarily based on third-party custody and regulatory audits. Deribit stated that regulatory audits will continue, but no new public proof-of-reserves dashboard has been announced as a replacement. (Coin Bureau)
Oracle protocol Switchboard issued a statement disclosing a report of a potential overnight attack. The Switchboard team has partnered with relevant projects and security agencies to take measures, suspending its network services on the Aptos, Sui, IOTA, and Movement chains. Currently, there are no similar reports indicating a comparable intrusion attack on the Solana chain. However, for security reasons, official channels recommend that users migrate to alternative oracle solutions as soon as possible, at least temporarily, during the investigation period. The team continues to investigate the incident and will release further details subsequently.
Odaily News, realtrumpcoins posted a statement on the X platform stating that reports claiming Trump Coins have launched, promoted, or authorized the issuance of digital tokens are "completely false" and that the information stems from malicious third-party actions. It emphasized that Trump Coins has never authorized, and will not launch, promote, or authorize the issuance of any digital tokens. The team is currently cooperating with relevant authorities to investigate the matter and will hold those responsible accountable.Previously reported, the Meme coin GOLD was created on Solana yesterday. After @realtrumpcoins1 posted a tweet containing the GOLD contract address, the token's market cap briefly surged to $66 million. The tweet was subsequently deleted, and GOLD's market cap plummeted from $55 million to $1 million in approximately 30 seconds.
According to Crowdfund Insider, Ondo Finance has appointed Allison Parent as Chief Policy Officer to engage with policymakers and regulators and advance regulatory and industry standards for tokenized assets. Parent previously served as an Executive Director at the Global Financial Markets Association (GFMA) for nearly 10 years. Her career also includes roles as Head of Global Policy and Strategy at Barclays, Senior Policy Advisor and Market Legal Counsel at the Bank of England, and General Counsel for the U.S. Senate Committee on the Budget, where she contributed to landmark post-financial crisis legislation such as the Dodd-Frank Act.
Neutrl stated the team has identified an issue with a position in its strategy, which has affected the liquidity of part of the protocol's reserves, and the relevant smart contracts have been suspended. The protocol currently holds approximately $27 million in available liquid assets, in addition to strategy positions that have not yet been realized, along with corresponding profits or losses. The timeline, amount, or recoverable value cannot be confirmed at this time. In response to user demand for liquidity, Neutrl plans to open an early redemption mechanism for NUSD and sNUSD holders, treating all holders equally. The target timeline is early September, subject to the progress of the deployment of new redemption contracts, independent audits, and legal and financial review processes. The timeline may be subject to change. The team advises holders not to trade NUSD or sNUSD during the assessment period, so as not to affect recovery arrangements.
Circle announced that USDC, EURC, the Cross-Chain Transfer Protocol (CCTP), and Bridge Kit are now live on Plasma. Payment service providers, fintech companies, digital banks, and developers on Plasma can use regulated US dollar and Euro stablecoins to support scenarios including payments, cross-border remittances, multi-currency foreign exchange, on-chain transactions, lending, liquidity provision, treasury management, corporate payments, and global settlement.
Decentralized lending protocol Ajna tweeted that Ajna v2 was exploited and is investigating abnormal fund flows, advising users to withdraw all funds, repay loans, and pause interactions with the protocol. The incident caused approximately $775,000 in losses across pools including syrupUSDC, wstETH, rETH, cbETH, WBTC, WETH/USDC, and sDAI, attributed to a liquidation accounting manipulation attack.
Odaily News, Avici announced that its card partner Rain discovered today a vulnerability in an old Solana card contract used by Avici and a few other projects. The relevant contract has now been upgraded across all projects, and no further unauthorized activity has been detected. This incident only affected the standalone Solana contract used to hold post-deposit card balances; users' Avici wallets and card balances are isolated from each other, and funds in Solana and EVM self-custody wallets are safe and unaffected. Upon review, a total of 1,685 users were affected, with combined card balances of approximately $500,900. Avici has committed to fully refunding card balances to all affected users and has filed a report with the FBI's Internet Crime Complaint Center (IC3). Previously reported, Avici, a crypto banking project, saw its native token AVICI allegedly suffer a hacker attack, with losses of approximately $1.02 million. The attacker transferred 10,000 SOL stolen from the project to another wallet, converted it into approximately $1.02 million USDC, and then swapped the funds into approximately 418 ETH via cross-chain operations.
Odaily News - New York state officials have warned that AI-generated content and fake crypto projects are making investment scams more deceptive. Investment fraud losses exceeded $8 billion in 2025, up 38% from 2024, with 144,041 consumers reporting losses and a median loss of $10,560 per incident.AI can be used to clone voices, fabricate videos, impersonate financial professionals, and create social media advertisements. New York Attorney General Letitia James has warned that scammers lure investors through celebrity deepfake endorsements, fraudulent cryptocurrencies, pump-and-dump schemes, and fake trading platforms.Some fraudulent platforms display fabricated account balances, returns, and trading records, allowing victims to make small withdrawals to build trust before demanding additional deposits or fees. New York state officials advise consumers to verify the identities of promoters, companies, and investment projects, and to confirm where their funds are going.Data from the U.S. Federal Bureau of Investigation (FBI) shows that reported losses from cybercrime in 2025 totaled $20.877 billion, with losses from cryptocurrency-related complaints reaching $11.37 billion. Common scam signs include promises of high returns, unsolicited investment opportunities, high-pressure sales tactics, and projects lacking clear documentation. (Bitcoin.com News)
The Commodity Futures Trading Commission (CFTC) announced that Gabriel Perez was ordered to disgorge $107,539.02 in illicit profits and pay a $65,000 civil penalty, totaling approximately $172,000, for utilizing material nonpublic information obtained during his federal government tenure to trade presidential mention-type event contracts on prediction market platforms.
Odaily News: Polish Prime Minister Donald Tusk stated that he will ask the Speaker of the Polish Sejm to organize a re-vote on the Crypto Asset Market Bill. The bill was vetoed for the third time by President Karol Nawrocki on June 11.Tusk noted that the Zondacrypto bankruptcy has become one of Poland's largest corruption cases in the crypto sector, with affected clients suffering losses of up to $94 million. He accused the ruling party of accepting cash and other benefits.The president's consecutive vetoes have prevented Poland from implementing the Markets in Crypto-Assets Regulation (MiCA), and domestic cryptocurrency exchanges are still unable to complete registration. Przemysław Kral, former head of Zondacrypto, had criticized that the bill would harm Poland's crypto industry. (Bitcoin.com News)