Plume, Shinhan test KRW tokenized fund in offshore PoC
Plume and Shinhan Asset Management will test a KRW tokenized bond fund offshore before South Korea’s security token rules take effect in 2027.
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Wall Street Journal moves to dismiss Binance defamation case
The Wall Street Journal has asked a federal judge to dismiss Binance’s defamation lawsuit over three reports that accused the crypto exchange of weakening internal compliance efforts and allowing more than $1 billion in transactions linked to sanctioned Iranian entities.…
Pi Network’s Protocol 27 endgame: last upgrade before what?
The Core Team calls Protocol 27 the “final planned upgrade,” but the phrase raises more questions than it answers. Between a passed node deadline, an EU white paper registration, and a token still trading 97% below its peak, the real…
Hyperliquid user reportedly loses $550K in Google ad scam
A Hyperliquid user reportedly lost about $550,000 in USDC after a Google ad led to a phishing site; Google says it suspended the advertiser.
Ripple moved $50.5 million in XRP to an unknown wallet while ETF inflows collapsed 93 percent
What a divergence between a 50 million token transfer to an unidentified address, a leverage buildup on Binance, and the worst week of ETF flows in 2026 tells us about where XRP goes next. On the evening of August 13,…
The Clarity Act is dying, and the SEC just built its replacement
The Senate will not vote on crypto market structure legislation before September. Meanwhile, the SEC is voting on a 400-page rulemaking framework that does much of what Congress promised. Here is why rulemaking may matter more than legislation now. The…
NUSD supply falls 76% from February level
NUSD supply has fallen by about 76% from the $226 million level documented in February to $53.6 million as issuer Neutrl has suspended redemptions while assessing an undisclosed issue affecting its reserves. Neutrl said Thursday that unspecified circumstances had affected…
Solana Alpenglow upgrade targets 150ms finality in October
Solana’s Alpenglow upgrade targets 150ms finality, with official guidance pointing to Agave 4.3 and an October 2026 mainnet activation.
CFTC vs. New York: the prediction market emergency that could redraw federal-state crypto boundaries
On August 11, the CFTC invoked emergency powers for only the seventh time in its history to keep Kalshi running after New York filed a $36 billion lawsuit calling prediction contracts illegal gambling. The clash between federal derivatives law and…
SEC delays Regulation Crypto meeting with no new date
The SEC cancelled its Aug. 14 Regulation Crypto meeting, delaying proposed crypto offering rules without announcing a replacement date.
Kalshi, Polymarket sued by Baltimore over sports event contracts
Baltimore has sued Kalshi and Polymarket over alleged unlicensed sports betting, with its case against Kalshi also naming Coinbase, Robinhood and Webull over their role in distributing sports event contracts. According to complaints filed Thursday by Mayor Brandon Scott and…
Bitwise taps Superstate to tokenize shares of select crypto funds
Bitwise Asset Management has partnered with Superstate to develop a system that could let investors hold shares of certain Bitwise funds as blockchain-based tokens, with its Solana staking ETF expected to be the first product considered for the structure. Bitwise…