Live Feed

TRON founder Justin Sun said he does not plan to respond to every rumor surrounding him and his team. Sun added he has absolute confidence in the businesses they are pursuing, saying that conviction is grounded not in personal belief but in technological advances already made in mathematics, cryptography and artificial intelligence. Sun said the crypto industry has repeatedly faced claims over the past decade that it was truly finished this time, yet the technology kept advancing. He added that while policy and public opinion may change, mathematics does not, and said the team’s goal is to improve reliability and stability so people can choose its services when all eight billion people around the world eventually use technology-based services directly or indirectly.

JPMorgan is expanding a dedicated cryptocurrency and blockchain team within Chase, its retail banking division serving individual and small-business clients, Nada News Japan reported on Aug. 30. While the bank’s existing blockchain business had mainly focused on corporate and institutional investors, the organizational expansion suggests it is now seriously reviewing digital-asset business opportunities in consumer finance. According to the job posting, the team will be responsible for setting digital-asset strategy, partnering with cryptocurrency companies and developing new products, while also considering external partnerships and acquisitions alongside in-house development.

Tron founder Justin Sun said exchange HTX, formerly Huobi, was hit by a DDoS attack, but no user assets were affected and all services have now been restored. Sun added HTX has completed steps to preserve relevant evidence and has formally filed complaints and reports with investigative authorities in the relevant jurisdiction. He said HTX will pursue the attackers' liability under the law and seek strict legal penalties over any attack targeting the platform.

Crypto analysis firm EGRAG CRYPTO said XRP could pull back to $1-$1.1 before extending gains. The firm said the 300-week moving average, now around $1.03, is a key support level, and if XRP holds that range and rebounds, it could follow a rally pattern similar to 2020-2021. It noted XRP rose from about $0.17 to $1.96 after retesting the 300-week moving average during that period. EGRAG CRYPTO added that if XRP reclaims $1.65 and breaks through resistance at $2-$2.8, it could rise to $15, $27 and as high as $50 over the long term.

Four major whale wallets on Hyperliquid, identified as 0x84ab, 0x269e, 0x2f9b and 0x4c78, shifted over the weekend into a combined $14.77 million short position in SK Hynix (SKHX). The move marked an about $15.83 million swing to the short side from a previous net long position of $1.04 million. The concentrated selling positions were built as SKHX rose 1.1% to $1,214.6 from $1,200.9 over the weekend. The four addresses have an average entry price of around $1,174.5 for their short positions and are currently sitting on about $487,000 in unrealized losses. Among SKHX positions worth more than $1 million, the long-to-short ratio by value currently stands at 0.71, implying a net short position of about $36.75 million. The four addresses account for 11.7% of all large short positions.

Crypto industry fundraising totaled $596 million this month, down 74% from $2.312 billion the previous month, according to RootData. The sector recorded 49 fundraising deals over the same period. By segment, infrastructure drew the most capital at $311 million, followed by CeFi, or centralized finance, at $199 million and DeFi at $73.1 million.

Ireland’s government has announced a new tax-free savings account that will exclude cryptocurrencies and derivatives from eligible investments, Bloomberg reported. The account is targeted for launch early next year and will allow investments in listed stocks, listed bonds and ETFs, while offering tax-free treatment on investment gains within a set cap. A low flat tax rate will apply to gains above the limit, and the 38% deemed disposal tax previously imposed on existing fund products will be waived. Specific limits and tax rates are scheduled to be unveiled in the October budget proposal. The measure is part of a European Union policy push to channel around €11 trillion in bank deposits into investment markets.

Bitcoin is on track to post its largest monthly gain in August in five years, according to U.Today. BTC has risen around 24% so far this month, far above its historical average August return of -7.5%. BTC fell 22.2% in the first quarter and 14.09% in the second quarter this year, but has rebounded 32.48% so far in the third quarter. U.Today noted that in 2017, BTC rose 80.41% in the third quarter before surging 215% in the fourth quarter, adding that it remains to be seen whether that pattern will repeat.

The U.S. government plans to sell Anthropic shares seized from Caroline Ellison and Nishad Singh, key associates of the FTX founder, to existing investors. The two invested a combined $50 million in the company’s 2022 Series B round. As Anthropic’s valuation surged, the stake’s value rose to as much as over $5 billion. Still, the actual proceeds are estimated at $250 million to $1.1 billion depending on the timing of the sale, while the specific transaction price and buyer remain undisclosed. As of late June 2026, the sale proceeds had not yet been transferred to the FTX bankruptcy estate. FTX victims urged the funds be used for compensation, but the U.S. Department of Justice maintained that information related to the asset sale and fund allocation is not public.

Binance recorded a net inflow of $8.85 billion over the past seven days, the largest among major exchanges, ChainCatcher reported. OKX posted a net inflow of $7.67 million and Deribit saw $4.03 million in net inflows, while Bybit recorded the biggest outflow at $119 million. Bitget and Bitfinex also posted net outflows of $88.74 million and $31.47 million, respectively. Over the same period, among the top 10 exchanges by BTC holdings, OKX posted the largest increase in BTC reserves at 0.86%, while Bybit recorded the steepest decline at 3.07%.

South Korean exchange Bithumb announced the temporary suspension of deposits and withdrawals for Ontology (ONT), Ontology Gas (ONG), and MovieBloc (MBL) on the Ontology network starting at 9:21 a.m. UTC today, citing an issue with the Ontology network.

South Korean exchange Upbit announced a temporary suspension of deposits and withdrawals for Ontology (ONT), Ontology Gas (ONG), MovieBloc (MBL), and the Ontology network from the time the notice was posted, citing network maintenance on the Ontology network.

ThunderCore (TT) surged more than 200% on Upbit’s South Korean won trading pair and was recently trading around 0.538 won. TT is scheduled to be delisted from Upbit at 12:00 a.m. UTC on Sept. 1.

If BTC rises above $79,613, about $777.89 million in short positions on major centralized exchanges could be liquidated, according to CoinGlass data. If it falls below $76,859, about $379.62 million in long positions could be liquidated.

Luke Dashjr, an early Bitcoin developer and co-founder of the OCEAN mining pool, is leaving the company, CoinDesk reported. Dashjr resigned as chairman, CTO and director, while parent company Mummolin bought all of his shares. Both sides said the split was by mutual agreement and stemmed from differences over recent changes to the Bitcoin protocol and the future direction of the mining industry. Dashjr plans to launch a new mining venture called Convoy. He was previously stripped of his Bitcoin Improvement Proposal editor privileges over allegations that he had lost editorial neutrality and exercised biased authority.

Large holders with at least 100 BTC increased their Bitcoin holdings during August’s price rise, while wallets holding under 100 BTC sold, according to a CryptoQuant analysis by contributor Woo Minkyu. Woo said wallets holding at least 100 BTC added about 60,000 BTC between Aug. 1 and Aug. 30, while wallets holding one to 100 BTC cut holdings by about 33,000 BTC and wallets holding under one BTC reduced holdings by about 14,000 BTC. Whale buying also accelerated after BTC broke out of its $62,000-$65,000 range on Aug. 19, Woo said. Although BTC later pulled back near $80,000, Woo said the rally looked closer to a shift of BTC from smaller wallets to larger ones than to leverage-driven chase buying. Woo added this interpretation would remain valid only if whales do not start selling the roughly 60,000 BTC they recently accumulated, and said no such movement had appeared as of Aug. 30.

Berlin’s state government in Germany was hit by a cyberattack, and the hackers demanded 30 BTC in exchange for data they allegedly stole, according to Der Spiegel. The outlet said the attack was believed to have been carried out by Rhysida, a hacking group that has been active for a long time.

Whale Alert reported that 257,173,943 USDT has been transferred from Binance to an unknown wallet. The transaction is valued at about $257 million.

More Markets, a DeFi lending protocol, was attacked on Flow EVM, with 15.5 million WFLOW worth $9.3 million drained from a lending pool, blockchain security firm Blockaid reported. According to Blockaid, the attacker posted web3 infrastructure provider ANKR’s liquid staking token as collateral and then used E-mode, a feature that boosts collateral efficiency for certain asset groups and allows users to borrow more, to drain all WFLOW held in mFlowWFLOW. Blockaid added it also confirmed a transaction in which the attacker moved the stolen funds out.

Tether CEO Paolo Ardoino pushed back against the Bank for International Settlements' concerns over stablecoins, saying on X that stablecoins can be seen as a more reliable form of money than deposit tokens that rely on fractional-reserve banking. Ardoino said stablecoins are fully backed by reserves such as U.S. Treasuries, while typical deposit tokens have reserve ratios of around 10% and stablecoins hold reserves covering their full issuance. Earlier, BIS General Manager Pablo Hernandez de Cos said stablecoins are not well suited to serve as a large-scale means of payment, should be limited to special-purpose use cases, and that deposit tokens should handle everyday payments.

Ethereum is undervalued relative to Bitcoin, and ETH could rise to $6,000 if BTC breaks above $150,000, Bitmine Chairman Tom Lee said in an interview with crypto newsletter Milk Road. Lee said ETH could gain through the rest of this year on possible passage of the U.S. CLARITY Act, renewed inflows from sidelined capital, crypto inflows from Asia, and catch-up buying by global institutions seeking to lift quarterly returns. Lee added the ETH/BTC ratio could retest its previous high of 0.08, while even a more conservative recovery to 0.04 would still leave significant upside. Lee said BTC still has long-term upside potential, but over the next five years, asset tokenization and AI-based finance are likely to lead the market.

The DeFi lending market has shown signs of recovery, with total lending volume rising to $26.1 billion, according to CryptoRank. The market grew about 30% from $20.1 billion in June to $26.1 billion in August. AAVE accounted for about 48% of the market, with lending volume at $12.5 billion.

Metaplanet CEO Simon Gerovich said Bitcoin is not something to sell, responding on X to a user who said the company has no BTC exit strategy but ordinary investors cannot ignore that issue. The user said shares in Bitcoin-accumulation companies may be better suited for taking profits at cycle peaks than for long-term holding, while adding that the outlook for spot BTC was less clear and raising questions about taxes and the benefits of holding it.

Hanwha Group liquidated its blockchain subsidiaries, Enterprise Blockchain Inc., in South Korea and the U.S. in the first half of this year, Digital Asset reported. According to a correction to the company’s half-year report, Hanwha said its total number of subsidiaries stood at 859, up from 846 at the start of the year after 59 were added and 46 were removed.

U.S. military authorities have completed preparations to strike Iranian forces at any time if they threaten commercial vessels passing through the Strait of Hormuz, the New York Times reported. The report said Navy warships, Air Force fighter jets and Army helicopters are closely monitoring the waterway.