Pi Network price rose more than 5% toward $0.090 on Aug. 12 as the Protocol 26 deadline passed and softer U.S. inflation data supported speculative assets. Summary Pi Network price rose more than 5% before settling near $0.088 during the session. Protocol 26’s Aug. 11 deadline required Mainnet node operators to update or lose connectivity….
XRP’s price has struggled significantly this year, but its biggest wallets are telling a different story. XRP’s price has remained under pressure, alongside the choppy price action seen across other major crypto assets. It has struggled throughout the summer, shedding almost 30% since mid-May. But the slump hasn’t stopped whale wallets from growing. Biggest…
Standard Chartered-backed Anchorpoint has begun the phased rollout of its Hong Kong dollar-backed HKDAP stablecoin, opening beta access to institutional distributors and professional investors for payments, fiat conversion and tokenized asset settlement. Summary Anchorpoint has begun the phased rollout of its HKDAP stablecoin to institutional distributors and professional investors. HKDAP will initially support cross-border payments,…
XRP traded at $1.02 today. At that level, the token was approximately -70% below its 2025 peak near $3.50. A return to $3 in 2026 for Ripple would therefore depend on a recovery in price momentum as well as the institutional and regulatory factors that underpin the more bullish forecasts. Worryingly, the past three sessions…
“BTC has made massive moves after CPI before. Today could be another one,” one analyst warned. The primary cryptocurrency surged past $65K over the weekend, causing some popular analysts to call the end of the bear market and the beginning of a potential upward trend. However, the revival was short-lived, with BTC briefly plunging…
A group of crypto companies and industry organizations has called on frontier AI labs to give Bitcoin and other open-source financial infrastructure developers trusted access to their most capable models as AI-assisted cyber threats become more advanced. Summary Crypto companies have urged frontier AI labs to give Bitcoin and open source financial infrastructure developers trusted…
The timing raised some concerns within the community as the number of treasury companies selling BTC has been gradually increasing lately. The world’s third-largest public holder of Bitcoin made a substantial transfer hours ago, which raised some questions given the peculiar timing. Metaplanet, which adopted its BTC strategy a few years ago and was…
H100 Group appointed Peter C. Warren as chief investment officer on Aug. 12, placing the veteran markets executive in charge of derivatives and risk management after the Swedish company nearly tripled its Bitcoin treasury through a Norwegian acquisition, according to a release. Summary H100 appointed Peter C. Warren chief investment officer after completing its 2,455…
The stolen XRP was converted to ETH, routed through THORChain and ultimately sent to Tornado Cash after the bridge was drained. On August 9, a bridge connecting the XRP Ledger and Coreum (now rebranded as tx) lost close to 200,000 XRP after an attacker tricked its deposit-checking system into treating a wallet-to-wallet transfer as…
Harmony said on Aug. 12 that it was working with cryptocurrency exchanges to stop and freeze funds after a suspected security incident on its Layer 1 network. Summary Harmony is working with exchanges to freeze funds while developing patch and evaluating rollback options. Analyst Juiceberg reported roughly four billion ONE were minted without authorization through…
