Crypto Industry News & Market Trends

Crypto has reached Mays max, aiming higher

Market overview　　The cryptocurrency market has risen by 0.75% over the past 24 hours to $2.68T, trading close to this weeks highs. Judging by intraday movements, the market is poised for further growth, as investors actively buy up local price dips. While the major cryptocurrencies have stabilised near their highs of recent months, buyer interest has shifted towards altcoins. Over the past day, the top gainers were Official Trump (+27%), Uniswap (+6.7%) and Solana (+6.3%). The biggest fallers were SushiSwap and IOTA (both down 2.3%) and Immutable (down 1.8%).　　The sentiment index continues to hover just below the extreme-greed threshold, a level we last saw consistently from May to August last year. Spikes in the indicator in January and May were short-lived or failed to sustain levels above the 50-mark. We are therefore observing an important confirmatory signal of a shift in sentiment from bearish to bullish.　　Discover more　　Tracking Market News　　Selecting Stock Brokerages　　Subscribing To News　　At the time of writing, Bitcoin is trading just below $80K, but during a period of reduced liquidity ahead of the start of the Asian session, the price spiked to near $81.5K, setting a new high over the past three and a half months. It was near these levels

08-28Industry

Evernorths XRP Nasdaq Debut Moves Closer After SEC Hurdle

Evernorth Takes Major Step Toward Making XRP a Public-Market Powerhouse　　Evernorth has cleared a major regulatory hurdle that brings its planned Nasdaq debut and XRP-focused treasury strategy closer to reality.　　The SEC has declared Evernorths Form S-4 registration statement effective, paving the way for the next key milestone: a September 30, 2026 shareholder vote.　　Armada Acquisition Corp. II shareholders will decide whether to approve the proposed business combination. If approved and all closing conditions are met, the combined company is expected to trade on Nasdaq under the ticker XRPN.　　Nevertheless, the real story goes far beyond simply putting XRP on a corporate balance sheet.　　More Than an XRP Treasury　　Evernorths strategy is designed to actively deploy capital across the XRP ecosystem rather than simply buy XRP and hold it.　　Its stated objective is to increase XRP per share over time, while investing in infrastructure and opportunities tied to tokenization, on-chain credit and blockchain-based financial services.　　Well, this model could create a new bridge between traditional capital markets and on-chain finance.　　A Nasdaq listing would give public-market investors another avenue for XRP exposure without requiring them to directly hold the asset. Furthermore, Evernorth aims to put institutional capital to work across the infrastructure supporting the broader XRP economy.　　Why This Could

08-28Industry

Crypto Price Analysis August-28: ETH, XRP, ADA, BNB, and HYPE

This Friday, we examine Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid in greater detail.　　Ethereum (ETH)　　Ethereum closed another week in the green after pushing above $2,400, ending 6% higher. If buyers manage to hold this key support level, higher highs may continue.　　Bulls should do their best to consolidate their recent gains after the massive rally from the $1,500 level. To achieve this, defending $2,400 as support is key. The current resistance is at $2,800.　　Looking ahead, this is the first time since 2025 that ETH has made a higher high. This halts the downtrend and positions this cryptocurrency for a sustained rally. The question is how far bulls can take it before they show signs of weakness.　　Source: TradingViewRipple (XRP)　　After XRP pumped to $1.6, the price entered a pullback, which is still ongoing at the time of this post. Nevertheless, this cryptocurrency closed the week 9% higher. This recent performance is impressive and a significant change in the market structure.　　With a higher high secured, XRP could be consolidating between the key support at $1.3 and the resistance at $1.6. Once the price settles, a renewed push higher could follow, sending XRP back into a rally.　　Looking ahead, the most significant target, at this time,

08-28Industry

Top Analyst Expects Chainlink Price to See Continuation Toward $14.50: Here's How

Key Insights:A top analyst predicts Chainlink (LINK) price at $14.50, sparking market optimism.Spot LINK ETFs recorded seven consecutive inflow days.Coinbase selected Chainlink Data Feeds to price its tokenized U.S. equities.　　Chainlink price sat at around $11.50 after a 1.1% 24-hour gain, with analysts calling for more upside. One LINK price prediction identifies $14.50 as the continuation target. However, the analysis also marked two lower buying areas.　　Meanwhile, LINK briefly fell to $11.09 before buyers pushed it through $11.30 and $11.40. The token then challenged $11.50, its first resistance area. Initial support sits between $11.25 and $11.30, followed by the intraday low at $11.09.　　Chainlinks market capitalization stood at $8.597 billion, while 24-hour trading volume reached $339.706 million.　　However, the targets and price levels referenced in this article reflect current technical indicators and are subject to market uncertainty. Cryptocurrency prices can move sharply and unexpectedly, so investors should carefully evaluate the risks and consider seeking advice from a qualified financial professional.　　Discover more　　Finance　　Currencies & Foreign Exchange　　Digital Currencies　　Analyst Maps Two Dip-Buying Areas for Chainlink Price　　Notably, Van de Poppe said he expects the wider altcoin run to continue, supporting his outlook for LINK. He placed the next upside objective at $14.50 during the coming period. However, his plan

08-28Industry

CoinGecko: Crypto hacks cost $3.63B in 19 months

Crypto platforms lost $3.63 billion across 245 documented security incidents between January 2025 and July 2026, according to CoinGeckos State of Crypto Security Report published on Aug. 27.　　SummaryCrypto platforms lost $3.63 billion across 245 documented incidents between January 2025 and July 2026.Ten largest attacks accounted for more than 72.5% of all recorded stolen funds combined worldwide.Audited platforms represented 147 incidents and 88.44% of reported losses during the study period overall.Only 11% of incidents involved vulnerabilities covered by routine smart-contract audit scopes, CoinGecko reported publicly.Active onchain insurance coverage fell 20.2% to $130.2 million while five protocols exited or pivoted.　　Losses were heavily concentrated. The ten largest attacks accounted for more than 72.5% of the total stolen value, while infrastructure and supply-chain compromises caused more than $1.8 billion in losses.　　CoinGecko identified private-key compromise as the leading risk for centralized exchanges. Decentralized applications lost approximately $546 million through smart-contract exploits, while both platform categories also faced oracle manipulation and internal-mechanism failures.　　Discover more　　Deploy Cloud Servers　　NEWS　　Choose POS Systems　　The figures represent CoinGeckos incident dataset. The published summary does not clearly state whether every recovered or frozen asset was deducted, so the $3.63 billion should be treated as its reported loss estimate rather than a final net-loss total.　　Crypto

08-28Industry

Bitwise crypto ETFs attract $100M in one day, led by Solana

Bitwises U.S. crypto exchange-traded products attracted approximately $100 million in net inflows on Aug. 27, led by demand for Solana, Bitcoin and Hyperliquid funds, according to company CEO Hunter Horsley.　　SummaryBitwise reported approximately $100 million in daily inflows across its U.S. crypto exchange-traded products Thursday.Solana products led with roughly $40 million, followed by Bitcoin products near $22 million overall.Hyperliquid and XRP products attracted approximately $20 million and $12 million respectively during Thursdays session.BSOL recorded more than $126 million in trading volume, its highest session since launch Thursday.Trading volume measures shares exchanged while fund inflows represent net investor capital entering products directly.　　Horsley said Solana products received about $40 million, the largest share of Bitwises daily intake. Bitcoin products followed with approximately $22 million, while Hyperliquid and XRP funds attracted about $20 million and $12 million respectively.　　Ethereum products received approximately $1.4 million. The five disclosed categories total about $95.4 million, indicating that other Bitwise products or rounding accounted for the remainder of Horsleys roughly $100 million figure.　　The numbers are preliminary issuer disclosures. Bitwise had not published a fund-by-fund daily creation report alongside Horsleys post, leaving independent confirmation dependent on later fund data.　　Around $100,000,000 into Bitwise ETPs in the US today.　　Top 5:　　1. Solana: ~$40,000,000　　2.

08-28Industry

Capital B raises €21M to expand Bitcoin treasury

Capital B announced a €21 million private placement on Aug. 28 involving institutional investors, including Blockstream co-founder Adam Back and Paris-based asset manager TOBAM, to fund its Bitcoin treasury strategy.　　SummaryCapital B raised €21 million through 36.2 million shares carrying four subscription warrants each privately.Net proceeds are estimated at €19.9 million primarily for additional Bitcoin purchases and balance-sheet support.Capital B says proceeds and operations could fund 270 Bitcoin, lifting holdings toward 3,415 BTC.Full warrant exercise could generate €135.8 million but remains conditional on investor decisions and prices.Closing is expected from August 31 before a one-for-ten reverse stock split September 8, 2026.　　The Euronext Growth Paris-listed company will issue 36,219,070 shares with four subscription warrants attached to each share. Investors subscribed at €0.58 per unit, producing gross proceeds of €21,007,060.60.　　Capital B expects approximately €19.9 million in net proceeds after placement fees and other transaction expenses. The company said the financing, combined with operating resources, “could enable” it to acquire another 270 Bitcoin.　　You might also like:　　Capital B buys 5 Bitcoin, holdings rise to 3,145 BTC　　The purchase has not occurred. If completed in full, it would increase Capital Bs holdings from 3,145 BTC to approximately 3,415 BTC.　　Capital B offers shares at a 6.45% discount　　The €0.58

08-28Industry

Mirae Asset lays out crypto, stablecoin, tokenization plans for Digital X

South Korean financial group Mirae Asset plans to build a 150 trillion won ($109 billion) digital asset business around Digital X, the crypto exchange formerly known as Korbit, according to The Korea Times.　　The report said Digital X will focus on crypto, stablecoins, real-world assets and security token offerings, with plans to tokenize physical assets including gold, silver and electricity.　　The expansion plans follow Mirae Asset Consultings acquisition of a 97.15% stake in Korbit in July for a cumulative 141.4 billion won. The exchange was subsequently rebranded as Digital X, marking the first time an affiliate of a South Korean financial group acquired control of a domestic crypto exchange.　　Founded in 2013, Korbit was South Korea‘s first cryptocurrency exchange. Despite its long history, the exchange accounted for just 0.5% of South Korea’s cryptocurrency trading market in 2025, according to the countrys Fair Trade Commission.　　Mirae Asset founder and chairman Park Hyeon-joo outlined the plans at a Digital X employee event in Seoul on Wednesday. “Our initial goal is to make Digital X a core pillar of ‘Mirae Asset 3.0,’” he said, according to The Korea Times.　　On Monday, Digital X began waiving trading fees across all won-denominated assets, with the zero-fee policy set to run

08-28Industry

The Sandbox pledges 1:1 repayment after $700K bridge exploit

Blockchain gaming platform The Sandbox has pledged to repay eligible SAND holders 1:1 after an Aug. 21 bridge exploit drained 14.744 SAND, worth about $700,000, from an Ethereum vault.　　On Thursday, the company published a post-mortem, saying users who legitimately held bridged SAND on Base or BNB Smart Chain before the attack will receive an equal amount of Ethereum-based SAND. Compensation will come from The Sandbox treasury, with no new tokens minted.　　The claims process is expected to open within two weeks and remain open for another two weeks. Two centralized exchanges hold more than 72% of eligible balances and will distribute compensation directly to their affected customers, according to The Sandbox.　　The project said the attacker exploited a configuration flaw in SAND‘s Base and BNB Chain contracts, allowing them to become the sole verifier of incoming bridge messages and mint unbacked tokens. The Sandbox confirmed that about 14.7 million SAND tokens were drained, equivalent to about 0.5% of the token’s 3 billion maximum supply.　　Although more than 339 trillion unbacked SAND was minted on the two networks, those tokens have been isolated and cannot be bridged or redeemed. SAND on Ethereum and Polygon was unaffected.　　The compromised bridge contracts will be permanently retired. The

08-28Industry

Visa works with Upbit parent on stablecoin payments, AI commerce

Visa and Dunamu, the parent company of South Korean cryptocurrency exchange Upbit, have formed a strategic partnership to explore stablecoin payments, cross-border remittances and artificial intelligence-powered commerce.　　The companies will combine Dunamu‘s digital asset technology with Visa’s global payments network to explore payment, remittance and settlement services in major markets, according to a Friday announcement from Dunamu.　　“The spread of AI, stablecoins and tokenization is a key trend that will change how finance and commerce operate,” Dunamu CEO Oh Kyung-seok said, adding that the partnership aims to connect digital assets with traditional finance.　　Dunamu and Visa are considering business models involving Open Standards proposed Open USD (OUSD), a dollar-backed stablecoin unveiled in June. Open Standard said more than 140 companies had signed up to use OUSD, including Visa, Mastercard, Stripe, Coinbase and BlackRock. Dunamu said OUSD is one of several stablecoin projects under review and that it has not prioritized a specific stablecoin for the partnership.　　In July, Upbit said it was not participating in the issuance of OUSD after its operator, Dunamu, was named among the businesses involved in the initiative.　　The companies will also explore agentic commerce, in which AI agents can search for products and services and make purchases and payments on

08-28Industry

...

266268

...

1000