Author: admin

Russia’s largest bank, Sberbank, has said it expects trading volume with its new crypto rollout to hit 4 trillion rubles ($46.43 bln) in the first year, according to reports.  Volumes are also expected to hit 7.5 trillion rubles ($87.06 bln) by 2029, Sberbank Deputy Chairman of the Executive Board Anatoly Popov was quoted saying, as reported by Tass on Saturday.  The forecast was deemed “conservative” according to the news report. Sberbank in July revealed plans to debut a Bitcoin and crypto wallet as well as digital asset custody by December. The Bank of Russia in July published draft regulations for crypto…

In brief Sony told a federal court on August 21 that reasonable consumers would not be misled into thinking they own the digital games they pay for. Its filing argues that ownership is implausible because two plaintiffs bought the same game 11 days apart—had the first owned it, the second could not have bought it. The proposed class action, filed in June by four California PlayStation customers, alleges the store’s checkout fails a disclosure law in force since January 2025. Sony has told a federal judge that no reasonable consumer believes they own the digital games they pay for on…

Bitcoin treasury Strategy resumed its bitcoin buys last week, snapping up nearly $370 million in the leading cryptocurrency, according to a Monday announcement from the company.  A filing with the Securities and Exchange Commission shows that Strategy bought 4,603 bitcoins for $369.7 million between August 24 to August 30. Each coin was bought at an average price of $80,318, according to the filing.  The buy comes after Strategy paused its bitcoin buys in June, instead focusing on building a cash buffer, buying back its stock and even sometimes selling some of its holdings.  “Strategy is evolving from one-way capital issuance…

The SEC’s proposed Regulation Crypto Assets offers a $75 million fundraising ceiling. A Senate market-structure framework starts with a greater-of-$50-million-or-10% formula. Those numbers look comparable, but they attach to different legal mechanisms.The SEC proposal would create exemptions by rule for certain crypto-asset offerings. Section 103 of the Senate’s version of the CLARITY Act would create a statutory exemption for certain transactions involving ancillary assets sold pursuant to an investment contract. The distinction changes which issuers and instruments qualify, what buyers receive, and how the two paths could interact.Neither route is currently available. The SEC proposal remains subject to public comment…

In brief Bitmine bought 53,501 ETH (~$131 million), its largest weekly purchase since June, raising its holdings to 5,901,112 ETH—4.9% of supply and 98% of the way to its “Alchemy of 5%” goal. The buy extends a 65-week streak since the treasury strategy launched in June 2025; total holdings, including cash and other assets, hit $15.6 billion. Bitmine remains the largest ETH treasury and No. 2 crypto treasury behind Strategy, with 86% of its ETH staked via MAVAN for ~$335 million in projected annual revenue. Bitmine Immersion Technologies picked up the pace of its Ethereum buying last week, acquiring 53,501…

August 31st, 2026 – Singapore, Singapore Onchain trading platform Blackboard will open its Alpha on September 1, giving its first users access to a trading experience designed to make onchain markets easier to discover, access, and trade. Blackboard is a non-custodial, multi-product trading terminal that connects markets fragmented across protocols, applications, and chains through a single interface. Rather than building another isolated exchange, Blackboard connects users to established onchain protocols and their native liquidity. The goal is to reduce the complexity of switching between applications, wallets, balances, and chains while making onchain trading easier to use. But simplifying today’s crypto…

In brief Strategy bought 4,603 Bitcoin for $369.7 million between August 24 and 30, its first purchase in around two months. It funded the buy by selling 4,531,421 MSTR shares through its at-the-market programme, raising $602.8 million. The firm’s Bitcoin holdings now stand at 845,050 BTC, with $6.71 billion in dollar assets across its USD Reserve and USD Cash pots. Strategy has started buying Bitcoin again after a summer spent selling it.The Bitcoin treasury company picked up 4,603 BTC for $369.7 million in the week to August 30, at an average of $80,318 apiece, according to a filing with the…

In brief Cronos stopped producing blocks on Sunday after an exploit at Tectonic, the largest lending protocol on the network. An onchain researcher estimated the loss at about $75 million, with roughly $6 million bridged out before the halt. The chain was still halted on Monday, Cronos said, though Crypto.com’s app and exchange are unaffected. Cronos switched off its entire blockchain on Sunday to contain an attack on DeFi lending protocol Tectonic, freezing every position on the network in the process.Tectonic enables users to deposit crypto for others to borrow against posted collateral, earning interest in return. It was the…

In brief Bitcoin’s climb to about $79,007 pushed Strategy’s 840,447 BTC to roughly $66.4 billion in value—about a 4.4% gain over its $75,653 average cost. Saylor marked the turnaround with a “We’re Back” post, stoking speculation of renewed buying; the company typically discloses weekly Bitcoin purchases on Monday mornings and hasn’t added to its stash in about two months. Strategy recently raised $334 million selling MSTR stock without touching its Bitcoin and has even sold small amounts to fund dividends and buybacks. Michael Saylor’s Strategy is sitting on a paper profit again, with a Bitcoin rally lifting the value of…

In brief Polygon Labs disclosed it patched a batch of security vulnerabilities through two hard forks—Austin on its Bor client and Kyoto on Heimdall—rolled out privately and validated on testnet before mainnet activation. The fixes closed denial-of-service paths in block processing and a more severe flaw that could have forced costly, coordinated work across the entire validator set via a single crafted transaction. Polygon’s native token POL was trading around $0.09983 Sunday, down 2.3% on the day and 6.8% on the week. Polygon Labs has revealed that it fixed a batch of security vulnerabilities in its proof-of-stake network through two…

In brief The CFTC fined former White House teleprompter operator Gabriel Perez $172,000 to settle charges he misappropriated advance knowledge of presidential speeches to trade “presidential mention market” contracts. Perez generated over $107,500 in profits between December 2025 and February 2026; his settlement includes disgorging $107,539.02, a $65,000 penalty and a three-year trading ban. The case highlights insider-trading risks shadowing fast-growing prediction markets, echoing prior incidents. A former White House teleprompter operator has agreed to pay $172,000 to settle charges that he traded on advance knowledge of presidential speeches, betting on prediction markets tied to the words President Donald Trump…

In brief U.S. spot Bitcoin ETFs recorded $201.9 million in net outflows on Aug. 28, snapping a nine-day inflow streak and trimming cumulative net inflows to about $55.1 billion. The reversal caps an otherwise strong run—$2.8 billion over an eight-day streak as BTC tested $80,000, plus the biggest single day since May—with daily inflows repeatedly topping $300 million and peaking above $600 million on Aug. 20. Ethereum ETFs showed no such fatigue, taking in $102.1 million to extend a 10-day streak and lift cumulative inflows to about $12.9 billion. Spot Bitcoin exchange-traded funds broke a nine-day winning streak on Friday,…