Author: James Wilson

A federal judge has paused the CFTC’s civil case against a US Army soldier accused of using classified information to earn more than $400,000 from Polymarket contracts tied to Nicolás Maduro’s removal. Summary Judge Andrew Carter stayed the CFTC’s civil enforcement case until the related criminal proceeding concludes. Prosecutors allege Gannon Van Dyke earned about $409,881 from 13 Venezuela-related Polymarket trades. Van Dyke pleaded not guilty and has challenged whether the event contracts legally qualify as swaps. The prosecution could shape how US commodities and fraud laws apply to prediction-market insider trading. CFTC case paused until criminal proceedings conclude US…

Crypto industry leaders are voicing frustration after the U.S. Senate failed to advance the CLARITY Act before its August recess, leaving the market structure bill facing a crucial procedural vote weeks before the 2026 midterm elections. Summary Senate leaders filed cloture, setting up a Sept. 15 procedural vote on the CLARITY Act. Coinbase executives and Sen. Cynthia Lummis called the pre-recess failure disappointing and frustrating. Ethics restrictions and stablecoin rewards remain unresolved as the bill seeks 60 Senate votes. Polymarket traders give CLARITY a 25% chance of becoming law during 2026. CLARITY Act faces a Sept. 15 procedural vote Senate…

Ripple has voted to support two XRP Ledger amendments designed to introduce single-asset vaults and fixed-term institutional lending directly at the network’s protocol level. Summary Ripple’s validator voted “yes” on XLS-65 and XLS-66, supporting native vaults and lending. XLS-65 has reached 40% validator support, while XLS-66 has secured more than 37%. Both amendments require over 80% support for two consecutive weeks before activation. The framework could support loans funded with XRP, RLUSD, and other XRPL-issued assets. Ripple backs XRP Ledger lending amendments Ripple’s validator has backed the Single Asset Vault and Lending Protocol amendments as voting continues among trusted XRP…

Ethereum staking has reached a record 41.7 million ETH, locking more than one-third of the cryptocurrency’s circulating supply despite a sharp decline in its market price. Summary 41.7 million ETH is now staked, according to a CryptoQuant chart shared by Bitfinex. Staked ETH has increased by about 5.5 million ETH since January. ETH has fallen from approximately $3,400 to $1,900 during the same period. Ethereum developers are debating EIP-8363, which would reduce issuance as staking grows. Ethereum staking climbs despite price decline A CryptoQuant chart shared by cryptocurrency exchange Bitfinex on Aug. 10 showed that the amount of Ethereum (ETH)…

BlackRock Canada has launched an exchange-traded fund that combines global equities with a 3% Bitcoin allocation, giving Canadian investors both exposures through one TSX-listed product. Summary IBQT targets 97% equities and 3% Bitcoin through underlying iShares ETFs. The fund began trading on the Toronto Stock Exchange with a 0.22% management fee. BlackRock also launched XINT, covering more than 5,000 companies outside North America. BlackRock’s U.S. Bitcoin ETF attracted about $693 million last week. IBQT combines global stocks with Bitcoin The iShares Equity + Bitcoin ETF Portfolio, trading under the ticker IBQT, began trading on the Toronto Stock Exchange on Aug.…

Crypto projects lost roughly $110 million to hacks in July as Immunefi recorded more confirmed bug bounty reports and found that audit competitions uncovered more serious vulnerabilities than private audits. Summary Crypto hacks caused approximately $110 million in losses during July. Immunefi paid researchers $2.32 million for confirmed vulnerabilities during the month. Audit competitions found 6.2 serious bugs per engagement, compared with 1.5 in private audits. Immunefi projects 114 major hacks in 2026, potentially surpassing the previous annual record. Crypto hacks put 2026 on course for a record Immunefi recorded 164 crypto hacks through Aug. 3, including 67 incidents that…

Solana price rallied nearly 7% from its Aug. 7 low, breaking a five-week descending channel as proposed supply changes and institutional adoption renewed demand for SOL. Summary Solana price rose from $72.49 to $77.36, breaking above a five-week descending channel. 4-hour Supertrend support flipped bullish at $75.02, strengthening the breakout structure. Liquidation clusters at $78 and $80 could accelerate gains if buyers maintain control. Daily momentum remains mixed, leaving $74–$75 as the main breakout invalidation zone. Solana price breaks its five-week downtrend According to data from crypto.news, Solana (SOL) price traded around $76.93 on Aug. 10, up nearly 7% from…

BNB price traded near $605 on Aug. 10 after reclaiming the psychological $600 level, with improving momentum and nearby liquidation clusters raising the prospect of another short squeeze. Summary BNB price traded at $605, slightly above its 100-day moving average near $604.85. Daily RSI climbed to 65.15, showing stronger demand without entering overbought territory. 4-hour Supertrend support rose to $593.86, making $594–$600 the key defense zone. Liquidation data shows concentrated short exposure around $618–$623, with downside liquidity near $598. BNB reclaims $600 after its July recovery According to data from crypto.news, BNB (BNB) price extended its recovery on Aug. 10,…

Ethereum price consolidated near $1,917 on Aug. 10 as buyers defended the $1,900 area, but weakening short-term momentum and dense liquidity near $1,950 kept ETH inside a narrow range. Summary Ethereum price traded near $1,917, holding above the daily Bollinger Band midpoint at $1,897. The 4-hour chart places immediate support between $1,894 and $1,900. Liquidation data shows large leverage clusters near $1,950 and $1,895. A break above $1,953 could reopen the path toward the psychological $2,000 level. Ethereum price holds above $1,900 According to data from crypto.news, Ethereum (ETH) price was trading at approximately $1,917 at the time of writing,…

North Korea-linked hacking group Kimsuky has built three local AI environments as part of preparations for cyberattacks targeting cryptocurrency and financial companies, according to new cybersecurity research. Summary Kimsuky has built three local AI environments using Ollama, GPT4All and Msty. The North Korea-linked group is using AI for malware development, data analysis and attack automation. Kimsuky has produced AI-generated phishing material targeting crypto, investment and fintech firms. North Korean hackers stole an estimated $2.02 billion in cryptocurrency during 2025. Genians, a South Korean cybersecurity firm, said in a report released Monday that it found evidence of Kimsuky operating local large…