Crypto Industry News & Market Trends

Blockstream launches swaps service after Boltz suspends operations

Blockstream has launched Blockstream Swaps in beta testing after noncustodial swap provider Boltz suspended its services following months of automated probing and several exploits.　　Blockstream said in an Aug. 10 announcement that the in-house service is already being tested with select participants, with development now being accelerated after Boltz stopped processing swaps on Aug. 3. The Bitcoin infrastructure company said the product was under development before the shutdown and is intended to add another option for users moving funds between Bitcoin, Lightning and Liquid.　　Boltz said its suspension followed a steady increase in automated, AI-assisted attempts to probe its infrastructure, along with several exploits that the team said were contained. The company kept its swap services offline because attackers were iterating faster than its developers could identify and patch weaknesses.　　“Attackers now iterate faster than a team our size can find and patch,” Boltz said in the statement quoted by Blockstream.　　The swap provider said customer funds were never at risk because its architecture is self-custodial. Refund mechanisms also remained available while normal swap operations were disabled.　　As crypto.news reported on Aug. 4, Boltz initially restricted swaps involving assets such as USDT, USDC, WBTC, TBTC and RBTC after identifying a bug in its Ethereum Virtual

08-17Industry

Knaken creditors face losses after €2.2M crypto sale

Dutch prosecutors sold the remaining cryptocurrency seized from failed trading platform Knaken for €2.2 million, giving its bankruptcy estate its first known pool of funds for creditor claims.　　Court appointed trustee Carl Hamm told regional broadcaster Rijnmond that the proceeds were currently the estates only available money. He warned that thousands of customers should limit their expectations of recovering their full balances.　　The sale followed Knaken‘s bankruptcy on July 16. Prosecutors are conducting a criminal investigation into possible offenses connected with the platform’s finances, while Hamm is separately reviewing its assets, liabilities and management.　　Knaken customers face a large recovery gap　　Hamm contacted about 6,300 people who had held positions on Knaken in the recent past. His estimate places the total amount invested through cryptocurrency positions, certificates and customer loans between €10 million and €12 million.　　The €2.2 million generated from the asset sale would cover only part of that estimate before bankruptcy costs and the treatment of different creditor classes. Hamm has not published a projected recovery percentage or a distribution date.　　Dutch Public Prosecution Service Sold the remaining #Cryptocurrency held by the bankrupt crypto platform Knaken for €2.2 million. The proceeds will go toward paying creditors pic.twitter.com/fw5njnABtE　　As crypto.news previously reported, a Rotterdam court declared

08-17Industry

September Fed interest-rate increase is 'very unlikely,' Goldman Sachs says

SummaryGoldman Sachs said a September Federal Reserve interest-rate increase is “very unlikely.”The banks chief economist, Jan Hatzius, said inflation is likely to keep improving, and current market expectations for the federal funds target rate remain too hawkish.Bitcoin is trading around $63,600, up about 1% today.　　“Very unlikely.”　　Thats how Goldman Sachs described the chances of a September Federal Reserve interest-rate increase, which provides a potential major tailwind for bitcoin , which has traded in a narrow range since early July.　　The cryptocurrency is currently priced around $63,500, a 1% gain since midnight UTC. The price has remained firmly locked within the $62,000–$66,000 range that has been in play for over a month.　　Goldman lowered the odds in response to a string of soft economic data, specifically retail sales, a key barometer of consumption, and employment figures alongside slowing inflation, Chief Economist Jan Hatzius told clients, according to Bloomberg.　　“Under our baseline economic forecasts, the inflation news is more likely to improve further than to deteriorate anew as the year progresses,” Hatzius wrote in a note Sunday. “We still think market pricing for the funds rate is too hawkish.”

08-17Industry

Stripe agrees to buy AI routing startup OpenRouter for over $7 billion

Stripe has reportedly finalized an agreement to acquire AI model-routing platform OpenRouter for more than $7 billion, months after the startup was valued at $1.3 billion in its latest funding round.　　Bloomberg reported on Sunday that Stripe had reached a deal to buy OpenRouter, citing people familiar with the matter, while TechCrunch later reported the transaction and noted that Stripe had not formally announced the acquisition.　　A Stripe spokesperson declined to confirm the deal, telling TechCrunch that the company “does not comment on rumors or speculation.” The reported agreement therefore remains unconfirmed by Stripe or OpenRouter despite multiple reports that negotiations have concluded.　　OpenRouter gives developers a single interface for accessing hundreds of artificial intelligence models from providers including OpenAI, Anthropic, Google and DeepSeek. Developers can move workloads between models without rebuilding their integrations, while its system also manages billing, routing and fallback providers when services become unavailable.　　The model has turned OpenRouter into a fast-growing layer between AI developers and the companies supplying the underlying models. OpenRouter currently lists more than 500 models and over 80 providers under its paid plans, according to its website.　　CEO Alex Atallah has previously described the service as the “Stripe for AI,” comparing its single integration for multiple

08-17Industry

Ripple mints 10 million RLUSD as supply hits 1.71B

Ripple minted 10 million Ripple USD tokens on the XRP Ledger on Aug. 17, completing another large issuance transaction as the stablecoins circulating supply reached approximately 1.711 billion.　　SummaryRipple minted 10 million RLUSD on XRPL on Aug. 17, according to public ledger records.CoinGecko placed circulating supply near 1.711 billion, with market capitalization around $1.71 billion Monday morning.The transaction cost 0.000405 XRP and used two authorized signers for approval before settlement completion.Ripple Mint lets approved institutions issue, redeem, bridge and monitor RLUSD through interfaces and APIs.One mint does not independently prove new institutional demand, market deployment, or purchases of XRP.　　Public data cited by XRPScan showed that Ripples issuer account transferred the tokens to a designated RLUSD destination account. The transaction cost 0.000405 XRP, used two authorized signers and recorded a maximum delivery amount of 10 million RLUSD.　　Ripple did not identify the receiving customer or disclose the tokens intended use. The transaction confirms issuance, but it does not independently support claims that “institutional demand grows.”　　You might also like:　　Ripple mints $10M RLUSD as XRP whales add 380M　　RLUSD mint does not confirm customer demand　　A stablecoin mint creates tokens on a blockchain. It does not prove that the tokens immediately entered exchanges, payment channels or institutional

08-17Industry

Bitcoin nears $64,000 in Asia morning hours as HYPE jumps 8% on the week

SummaryBitcoin hovered around $63,600 in Asian trading, little changed on the day and lower on the week, as cryptocurrencies stayed stuck in a tight range despite a softer dollar and reduced expectations for Federal Reserve rate hikes.Hyperliquids HYPE token was the standout performer, gaining more than 3 percent on the day and nearly 9 percent over the week, while other major tokens such as ether, solana and XRP saw modest moves and mostly weekly declines.Analysts say fading optimism, weaker exchange-traded fund inflows and uncertainty ahead of this weeks Fed minutes and a White House crypto meeting are keeping crypto markets subdued despite a more supportive macro backdrop.　　Bitcoin neared the $64,000 mark in Asian morning hours Monday, up half a percent on the day but down almost 3% over the week, as a softer dollar and fading rate-hike bets failed to lift crypto out of its recent range.　　Hyperliquids HYPE was the standout, up over 3% to $59 and almost 9% on the week, the only major with a meaningful weekly gain. Ether rose over 1% to just under $1,900 but is down 1% over seven days.　　Dogecoin added almost 1% to 7 cents, tron under half a percent to just over 33

08-17Industry

Duquesne buys into HYPE treasury firm with $23M position

Duquesne Family Office has disclosed a $23 million position in Hyperliquid Strategies Inc., giving Stanley Druckenmillers investment office indirect exposure to HYPE through the Nasdaq-listed digital asset treasury company.　　SummaryDuquesne Family Office disclosed a new $23 million stake in Hyperliquid Strategies.The Nasdaq listed company holds millions of HYPE tokens as part of its digital asset treasury strategy.Duquesnes former partner Kevin Warsh became Federal Reserve chairman in May 2026.Warsh disclosed more than $100 million in assets before his confirmation.　　The SEC filing for the second quarter of 2026 showed Duquesne held shares of Hyperliquid Strategies, which trades under the ticker PURR, as of June 30, with the position appearing in the family offices portfolio for the first time.　　The disclosure adds Duquesne to the institutional investors gaining exposure to Hyperliquid through publicly traded shares instead of purchasing the protocols HYPE token directly. Hyperliquid Strategies operates as a digital asset treasury company built around accumulating and managing HYPE.　　Fintel data based on the filing also lists PURR as a new Duquesne position, accounting for roughly 0.44% of the investment managers reported portfolio.　　Duquesne adds Hyperliquid Strategies to its portfolio　　Hyperliquid Strategies has built one of the largest corporate HYPE holdings since establishing its digital asset treasury business.　　As crypto.news

08-17Industry

Capital B buys 5 Bitcoin, holdings rise to 3,145 BTC

Capital B purchased another five Bitcoin for €280,000, lifting its strategic Bitcoin treasury to 3,145 BTC as the Euronext Growth Paris-listed company continued using equity issuance to fund its accumulation strategy.　　SummaryCapital B bought five Bitcoin for €280,000, lifting its strategic treasury holdings to 3,145 BTC.Capital Bs Bitcoin reserve cost €284.2 million but carried a reported €170.9 million net value.The company reported 2.14% year-to-date BTC Yield, a treasury metric rather than traditional investment yield.Blockstream Capital Partners converted 14.2 million OCA B-01 instruments into 28.7 million ordinary shares Monday.Capital B issued 647,110 new shares through its TOBAM program, raising approximately €301,460 in capital.　　The Aug. 17 release shows the latest Bitcoin was acquired at an average €55,882 each. Capital B now reports a total acquisition cost of €284.2 million, or €90,352 per BTC.　　Capital B raises Bitcoin treasury to 3,145 BTC　　The purchase followed €301,460.25 of capital increases completed through Capital Bs ATM-type agreement with French asset manager TOBAM. The company issued 647,110 ordinary shares at an average rounded price of €0.47 between July 27 and Aug. 7.　　https://twitter.com/_ALCPB/status/2089231724941107385？s=20　　That issuance price represented a 3.52% premium to Capital Bs Aug. 14 closing price. Euronext shows the stock closed Friday at €0.454, down 2.72% for the session.　　You might

08-17Industry

Greenlanes $70m BERA treasury falls to just $16.4m in Q2

Greenlane Holdings BERA-focused digital asset treasury has fallen to $16.4 million in fair value at the end of the second quarter, leaving the portfolio about 76.6% below its $70 million cost basis.　　According to Greenlane‘s latest regulatory filing, the Nasdaq-listed company held about 81.3 million BERA and BERA-equivalent tokens as of June 30, up from roughly 77.7 million at the end of the first quarter despite a continued decline in the token’s market price.　　The difference between the portfolios acquisition cost and quarter-end fair value stood at about $53.8 million. Greenlane recorded a $19.1 million noncash fair-value loss on its digital assets during the three months through June, which contributed to a net loss of $24.8 million for the period.　　At the same time, the company continued putting its holdings to work across the Berachain ecosystem. Its digital asset operations generated about $309,000 in staking and yield revenue during the quarter, providing income in BERA and other assets while the value of the underlying treasury declined.　　Greenlanes exposure has increased since the start of the year. The company reported 77.7 million BERA and equivalent tokens at the end of March, meaning its holdings grew by about 3.6 million tokens during the second quarter.　　Greenlanes BERA

08-17Industry

Zoomex Launches Stock Perpetuals Competition Round 2: Elevating Cross-Asset Derivatives for Global Traders

Zoomex, a global cryptocurrency derivatives exchange, today officially announced the commencement of its highly anticipated Stock Perpetuals Competition Round 2. Engineered to seamlessly bridge the gap between Traditional Finance (TradFi) and Web3 crypto derivatives, the event showcases Zoomexs robust derivatives infrastructure while offering global traders 24/7 access to high-demand U.S. equity perpetual contracts backed by a dynamic escalating prize pool and interactive reward tiers.　　As global market volatility intensifies, retail and institutional traders increasingly seek frictionless risk-hedging mechanisms outside conventional trading hours. Zoomex addresses this demand through its proprietary derivatives engine, enabling users to trade perpetual contracts on top U.S. equities – including Nvidia (NVDA), Apple (AAPL), and Tesla (TSLA)—using USDT as margin. The platform eliminates traditional brokerage onboarding friction, offering leverage up to 25x and bi-directional (long/short) trading capabilities without market-close interruptions.　　Executive Insight: Redefining Cross-Asset Trading　　Addressing the strategic vision behind the competition, the Chief Brand Officer of Zoomexstated:　　“At Zoomex, derivatives trading is not merely a feature—it is our core identity and structural foundation. Traditional stock markets remain constrained by strict opening hours, lengthy clearing cycles, and cross-border fiat capital controls. By integrating U.S. equities into our high-performance crypto derivatives matching engine, we deliver uninterrupted 24/7 execution, deep liquidity, and institutional-grade

08-17Industry

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