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Suspicious token minting activity has been detected in metaverse project The Sandbox’s SAND smart contract on Base, ChainCatcher reported. A related address, 0x6762…257e, is said to have obtained minting authority and minted SAND tokens without limit, with claims that more than 500 million tokens have already been issued. The official team has not announced the exact cause.

ZEC has risen by 3.03% in the past five minutes on the COINNESS market. Currently, ZEC is trading at $827.6.

Grayscale’s Chainlink ETF, GLNK, bought an additional 132,950 LINK through Coinbase Prime about six hours ago, bringing the purchase value to about $1.53 million, according to Onchain Lens monitoring.

ZEC has risen by 4.43% in the past five minutes on the COINNESS market. Currently, ZEC is trading at $808.85.

Jesse Pollak, a Coinbase executive leading Ethereum layer-two network Base, pushed back on claims that the company has been selling Ethereum, while highlighting Coinbase’s contributions to the ecosystem. Recent criticism in the Ethereum community has centered on claims that Coinbase has been selling ETH, including sequencer revenue generated through Base, while accumulating assets mainly in Bitcoin. On X, Pollak rejected the claim, saying, "Coinbase is by far the largest holder of ETH among non-DAT institutions." Coinbase currently holds about 115,000 to 151,000 ETH in corporate treasury assets, worth roughly $300 million. Pollak also pointed to the company’s broader ecosystem role beyond treasury decisions, citing its involvement in the EIP-4844 upgrade that lowered transaction fees, its co-development of USDC, and the onboarding of millions of users. Pollak added that Base, which launched in 2023, recently reached Stage 1 decentralization, reducing centralized control and extending its growth momentum.

Jump Crypto transferred 1,140 BTC worth about $88.98 million to Binance over the past hour.

A cryptocurrency address labeled “Bofur Capital” was hit by an address poisoning attack shortly after withdrawing funds from Compound, resulting in losses of about $2 million, according to blockchain security firm PeckShield. The attacker sent a small dust transaction of 0.0002 USDC to disguise a wallet address and trick the victim. The victim then copied and pasted the fake address from the transaction history and transferred the funds to it, leading to the theft of $2 million. The stolen funds were later swapped into 2 million DAI and are now being held at the address “0xe2eB...1816a,” PeckShield said.

Crypto donation platform The Giving Block said an anonymous donor gave more than $8 million in Tether (USDT) to 19 nonprofit organizations last week. The funds are set to support work across hunger relief, global health, humanitarian aid, and programs for children and families. Founded in 2018, The Giving Block was acquired by global payments company Shift4 in 2022. Crypto donations processed through the platform topped $100 million in 2025 alone.

Zcash (ZEC) has surged more than 21% over the past 24 hours on Binance and was trading near $735. Earlier today, Grayscale was reported to have filed an amended S-3 registration statement with the U.S. SEC for a spot ZEC ETF listing. According to the filing, the Zcash ETF is seen listing on Aug. 25.

Saxo Bank said in a report yesterday that Bitcoin could emerge as a hedge against currency debasement, supported by a strong mix of technical momentum, regulatory progress and macro tailwinds. Neil Wilson, an analyst at the Danish investment bank, said Bitcoin’s recent breakout from a prolonged trading range and sharp surge came as instability in the U.S. Treasury market, ballooning government debt and ongoing Treasury buybacks prompted a reassessment of Bitcoin alongside gold as a "Scarce non-sovereign asset." Wilson also said a push in the U.S. Congress to pass the CLARITY bill, which would provide legal clarity for virtual assets, and supportive remarks from President Donald Trump have eased regulatory uncertainty and boosted expectations for institutional adoption. On the technical side, Wilson said Bitcoin had been stuck in a $62,000-$66,000 range before breaking decisively above $70,000, triggering buying and a short squeeze that added strong upward momentum across the broader market.

Texas-based Bitcoin mining infrastructure company Bitari Inc. is seeking to raise funds through a Nasdaq listing. The company said it filed an S-1 registration statement with the U.S. SEC on Aug. 21, 2026, and plans a $30 million initial public offering on the Nasdaq Global Market under the ticker 'BIAI.' The offering involves 4,285,715 shares priced at $7.00 each. Net proceeds are expected to total about $27 million after underwriting discounts and related expenses.

Combined daily trading volume for U.S. spot Bitcoin and Ethereum ETFs exceeded $7.5 billion on Aug. 21, according to Watcher.Guru.

Coinbase, the largest U.S. cryptocurrency exchange, has launched a new Launches tab that lets users instantly discover and trade newly issued onchain tokens within its app. With the feature addition, users no longer need to wait through the formal listing process on centralized exchanges and can buy and sell new tokens immediately after they are created on the Base and Solana blockchains. The system uses automated infrastructure indexing technology to detect and surface newly created onchain tokens in real time within the Coinbase app. For Solana-based token trades, Coinbase has integrated routing technology from Jupiter, the largest decentralized exchange aggregator, to provide optimal liquidity and pricing.

Legal pushback against Illinois’ newly introduced 0.2% crypto tax is expanding, with the Crypto Council for Innovation and the Blockchain Association filing an additional lawsuit against the state government. In a complaint submitted to a Sangamon County court on Friday, the two groups argued the tax law violates the U.S. Constitution, the Illinois Constitution and the Internet Tax Freedom Act. The suit marks a second legal challenge after the Digital Chamber filed its own case last month. In a statement, CCI CEO Ji Kim said the tax imposes a uniquely punitive burden on digital assets based solely on the underlying technology rather than the nature of the transaction, and argued that taxing only digital asset activity while exempting traditional assets amounts to illegally picking winners and losers through the tax system. The bill applies to companies based in Illinois or serving customers in the state with gross revenue of at least $100,000.

Major exchanges have seen $113 million worth of futures liquidated in the past hour. In the past 24 hours, $1,490 million worth of futures have been liquidated.

According to CoinNess market monitoring, BTC has risen above $78,000. BTC is trading at $78,012.26 on the Binance USDT market.

ZEC has risen by 3.28% in the past five minutes on the COINNESS market. Currently, ZEC is trading at $715.45.

The three major U.S. stock indices closed higher today. - S&P 500: +0.43% - Nasdaq: +0.43% - Dow Jones: +0.98%

Binance continued allowing new account registrations from users in European countries including Austria, France, Germany, Spain and Belgium even after the MiCA transition grace period ended on July 1, crypto outlet Sandmark reported. The report said this remained possible regardless of VPN use. Sandmark said Binance did not disclose during the sign-up process that it lacked a MiCA license. Accounts that passed KYC verification were still able to use crypto services including deposits. Binance had previously withdrawn its MiCA license application in Greece in late June and said it would halt services for new EU customers as of July 1, according to the report.

Strive (ASST) resumed Bitcoin purchases through its preferred stock SATA for the first time in two months, buying 223 BTC on Aug. 20 and 183 BTC so far on Aug. 21, according to Bitcoin Treasuries' official X account.

Coinbase CEO Brian Armstrong said on X that most G20 countries have already established regulatory frameworks for cryptocurrency trading and that the UK put related rules in place several months ago, while the U.S. remains an exception despite being the center of the world’s largest financial market. Armstrong added that the Senate should pass the CLARITY Act on Aug. 15, local time.

Coinbase announced the addition of BASECAT, DRB, POD and GRASS to its listing roadmap.

Cambodian authorities uncovered a cryptocurrency money-laundering network used by Mexico’s Sinaloa cartel, the AP reported. The cartel is described as a major criminal group designated by the Trump administration as a foreign terrorist organization, and the authorities worked with the U.S. Drug Enforcement Administration to make arrests and seize assets. The operation also led to the seizure of about $7 million worth of cryptocurrency.

The U.S. SEC has begun a public comment process on CBOE BZX’s proposal to list leveraged ETFs tied to three times the daily returns of Bitcoin and Ethereum, News Bitcoin reported. CBOE BZX, part of the Chicago Board Options Exchange, is seeking to list six products in total, including a 3x Bitcoin ETF, a 3x Ethereum ETF, and 3x gold, silver, crude oil and natural gas ETFs.

Bitcoin reclaiming $82,470 would support the view that the current cycle low has already formed, according to a Galaxy Research analysis. The report said backtests of past Bitcoin bear markets showed a recovery of the 50-day moving average was an early signal but had low reliability. By contrast, the 50-week moving average was a much stronger signal, with only two of 13 historical recoveries followed by another decline. Bitcoin is currently trading around $77,500, up about 32.4% from its June 30 low, the report said. The 50-week moving average stands at $82,470, and a move above that level would support the conclusion that the low for this downturn cycle is already in place. The key, it added, is not simply breaking above that price level but whether Bitcoin can post a weekly close above the 50-week moving average.