Live Feed

TRON’s cumulative account total has surpassed 400 million, Lookonchain reported. According to TRONSCAN data, the number of wallet and contract accounts with transfer records on the TRON network now stands at more than 400.21 million.

South Korea’s Financial Services Commission Chairman Lee Eog-weon said the government will step up discussions on a second-stage digital asset bill related to stablecoins, speaking at a full session of the National Policy Committee on Aug. 24, Edaily reported. The remarks came in response to a question from Democratic Party lawmaker Lee Kang-il, and Lee also said he would make every effort to have the government submit its proposal in the fall.

The following are the 24-hour long/short ratios for BTC perpetual futures on the world’s three largest crypto futures exchanges by open interest: Overall: 50.17% long, 49.83% short - Binance: 50.6% long, 49.4% short - OKX: 50.21% long, 49.79% short - Bybit: 51.5% long, 48.5% short

Real Vision crypto market analyst Jamie Coutts said the market also needs opposing views, defending Bloomberg Intelligence Senior Commodity Analyst Mike McGlone, who has recently faced criticism for his bearish outlook on Bitcoin. In a post on X, Coutts said McGlone had supported BTC even before Coutts worked as a crypto analyst at Bloomberg, and was among those who early on predicted in 2019 that stablecoins would become the next major trend. Coutts added McGlone was far more bullish at the time than he is now, and argued that if people cannot freely share different views, it can no longer be called a market. McGlone recently said Bitcoin could fall toward its long-term average of around $10K.

Financial institutions and regulators in Europe, the Middle East and Asia have begun testing cryptocurrency wallet and onchain transfer technology designed to withstand quantum computing attacks, Cointelegraph reported. The initiative is being led by the Responsible Fintech Institute and crypto custody infrastructure provider Safeheron, with participating regulators including Abu Dhabi Global Market, Bhutan’s Gelephu Financial Services Authority and the Malta Financial Services Authority, as well as Bison Bank and DKBANK. The institutions are testing wallet creation and asset transfers on a quantum-resistant NEAR testnet using multiparty computation technology that supports ML-DSA-65, a quantum-resistant digital signature standard established by the U.S. National Institute of Standards and Technology.

Six of eight chart analysts affiliated with CoinNess expect Bitcoin to rise this week, while two forecast a decline. The highest target price is $85,000 and the lowest is $73,000. Note: Vote through the link for the price direction and target range closest to your own view. We will give coffee vouchers to 100 selected participants through a drawing.

Crypto wallet service IZAKA-YA has temporarily suspended transfers and withdrawals for some accounts as part of an investigation into transactions suspected of involving money laundering, Japanese media outlet Nada News reported. The Hong Kong-based operator said on Aug. 24, "불법 자금 유입이나 자금세탁이 의심되는 일부 거래가 확인돼 조사가 필요한 계정의 송금 및 출금을 중단했다".

Pump, a Solana-based memecoin issuance platform, generated more than $10 million in protocol fees for Aug. 3-9 for the first time, surpassing Hyperliquid’s revenue during the same period, Crypto Briefing reported, citing DefiLlama.

South Korean exchanges Upbit, Bithumb and Coinone announced they have placed The Sandbox's token SAND on a delisting watchlist, citing a security incident whose cause has not been identified or remedied involving a virtual-asset wallet managed by the asset’s issuer or operator, or a distributed ledger used to issue, transfer or store the asset. Deposits and withdrawals for SAND have already been suspended.

U.S. President Donald Trump sold Strategy (MSTR) stock twice in June and sold Coinbase (COIN) stock three times, Digital Asset reported. According to filings from the U.S. Office of Government Ethics, the combined value of the MSTR sales was $16,002 to $65,000, while the COIN sales totaled $116,003 to $315,000. Trump also bought back $50,001 to $100,000 worth of COIN. Separately, the filings showed purchases of Robinhood (HOOD) stock worth $1,001 to $15,000.

Pakistan’s Virtual Assets Regulatory Authority (PVARA) has opened a licensing application portal for virtual asset service providers (VASPs), Cointelegraph reported. Businesses that have been operating locally since before March 5 must apply for a no-objection certificate (NOC) by Sept. 5, or they will have to suspend operations.

Coinbase CEO Brian Armstrong said on X that cryptocurrencies give people an escape route. Armstrong said many countries face high inflation or currency volatility, and that in the past, people could avoid that only by emigrating or stockpiling cash. He added that stablecoins now make it much easier for people anywhere in the world to hold relatively strong global fiat currencies such as the U.S. dollar.

An investor who lost $4.56 million over the past five days after making 14 consecutive short bets has opened a 15th BTC short position, according to Lookonchain. The position is a 300 BTC short worth $23.13 million using 40x leverage.

Stablecoin-based digital finance platform Fasset has raised $68 million in funding led by Japan’s SBI Group, CoinDesk reported. The company was valued at $1 billion. The financing came just three months after its $51 million Series B round in May, bringing Fasset’s total funding this year to $119 million. Fasset’s core infrastructure is OWN Network, its proprietary AI-integrated Ethereum layer-two network built on Arbitrum, where stablecoins act as the settlement layer in the backend when users move fiat currencies or assets, increasing speed and lowering fees.

Ledger CTO Charles Guillemet said a security vulnerability found in parts of the hardware wallet provider’s Ethereum app clear-signing process was fixed two weeks ago and urged users to ignore related FUD. Users who have kept Ledger firmware and the app updated to the latest versions are protected from the vulnerability, Guillemet said.

A UK court ordered the liquidation of Key Coin Assets Ltd, a crypto investment firm that raised money by guaranteeing returns of 40% to 100%, according to the UK Insolvency Service. Investigators found no evidence of actual cryptocurrency trading, while nine investors who reported losses had invested more than 300,000 pounds ($379,000) in total. Authorities also identified signs that returns were paid to existing investors using funds from new investors and concluded the scheme was a Ponzi fraud. The invested funds were largely transferred to a company executive’s personal account on the same day they were deposited. Separately, the UK plans to begin enforcing cryptocurrency regulations on Oct. 25, 2027.

The following shows estimated liquidation volumes and position ratios for major crypto perpetual futures over the past 24 hours: - ETH: $140.47 million liquidated (54.48% longs) - BTC: $106.56 million liquidated (65.57% longs) - SOL: $16.51 million liquidated (55.31% longs)

BTC is more likely to move in a range for the time being than post an immediate deep pullback after its recent strong rally signaled a possible trend reversal, crypto analyst KillaXBT said on X. Looking at the 2022 bottoming phase, KillaXBT said most lows were formed alongside a single strong upward candle, with a similar pattern appearing recently. At the time, BTC surged from $16,000 to $25,000 before correcting to $19,000, the 0.618 Fibonacci retracement level. If a similar pattern repeats this time, the downside may be limited, KillaXBT said, adding that BTC could form the lower end of a range at $70,000-$73,000 in the near term before attempting to break above $80,000.

Ethereum-based fixed-rate lending market Term Finance said it has shut down all Term Meta Vaults and revoked DAO governance authority following a recent hack. In a post on X, the project said the closed vaults cannot be restarted, new deposits have been permanently halted, and withdrawals remain available. Based on the investigation so far, the incident appears to have been limited to Term vault governance and has not affected the protocol or the lending market, it said. The team added it is working on recovery efforts with external security firms and will consider additional response measures if it cannot recover the full amount of losses. About $8.5 million in assets was previously stolen from Term Finance vaults in an exploit.

Japan-listed Remixpoint said all of its cryptocurrency holdings had moved into unrealized gains as of 9:00 a.m. UTC on Aug. 24. The company said total unrealized gains on its crypto portfolio stood at 2.631 billion yen ($15.4 million), compared with unrealized losses of 1.945 billion yen at the end of June. Holdings were 1,503 BTC, 901 ETH, 13,920 SOL, 1,191,204 XRP and 2,802,311 DOGE.

South Korean exchange Upbit announced it will temporarily suspend deposits and withdrawals of Metadium (META) from 12:00 a.m. UTC on Aug. 27 due to the token’s hard fork.

Russia’s central bank will introduce a qualified investor exam system on Aug. 31 to lower the barrier for individual investors seeking that status, Bitcoin.com reported. Previously, investors had to hold a CFA credential, maintain high-value assets of at least 24 million rubles, show large-scale trading records, or meet annual income requirements, but passing a financial market knowledge exam will now allow them to obtain qualified investor status. Under a new digital asset regulatory framework taking effect on Sept. 1, qualified investors will face no annual trading cap and will be able to trade all eligible cryptocurrencies on authorized platforms.

Avalon Labs, a Bitcoin-focused on-chain finance platform, announced the addition of a market-neutral yield pool tailored to equity perpetual futures strategies to its Super Earn savings product. The yield pool generates returns by capturing funding rates and price gaps across major exchanges including Hyperliquid, Binance and Bybit. It targets an annual percentage yield of around 15% while minimizing directional market exposure. Avalon Labs, which has received investment from YZi Labs and Framework Ventures, said the launch improves the Super Earn product lineup.

FactBlock, the organizer of KBW, announced on Aug. 24 that Ethereum co-founder and Consensys CEO Joseph Lubin has joined the speaker lineup for the main conference of KBW2026 with Upbit. At the event, Lubin is set to share his views on how the on-chain conversion of real-world assets such as U.S. Treasuries could affect global financial markets and the Ethereum ecosystem, as well as on the next phase of the Web3 industry. Other speakers include Charles Janssen, head of DeFi transition at S&P Global, Yuval Rooz, CEO of Canton Network operator, Bo Hines, CEO of Tether USA₮, Jeff Yan, co-founder of Hyperliquid, Arthur Hayes, CIO of Maelstrom, Patrick Witt, executive director of the White House President’s Council of Advisers for Digital Assets, Chris Land, executive director of the U.S. Senate Banking Committee’s digital assets subcommittee, and Bermuda Prime Minister David Burt.

South Korea’s Financial Services Commission will attend a parliamentary policy questioning session today, while the National Assembly is set to begin full-scale committee work on a basic law on digital assets, or the second phase of legislation, Edaily reported. Attention is focused on the outcome of stablecoin-related legislative discussions as the government and ruling Democratic Party are reviewing an integrated proposal for next month. The National Assembly is scheduled to hold a plenary meeting of the National Policy Committee at 5:00 a.m. UTC today at the parliament building in Yeouido, Seoul. Financial Services Commission Chairman Lee Eog-weon is expected to attend. A National Assembly official said the bill is being pushed for introduction before the parliamentary audit and for passage during the regular September session, although sharp differences remain within the ruling party and multiple pending issues, including the fallout from single-stock leveraged exchange-traded funds, could make the process difficult.