Crypto Industry News & Market Trends

Bitcoin Rally Fades—Where Does Price Go Next？

In briefBitcoin price bounced to $65,000 today, but the rally was short-lived.The price of Bitcoin is up on the seven-day chart, but bearish technical indicators persist.Prediction market traders are split: odds on Myriad point to more short-term pain, but not yet in “worst case” scenario territory,　　Bitcoin got the macro excuse to run. It didnt take it.　　Employers cut 23,000 jobs in July—the first net loss since the pandemic-era recovery and a sharp miss against the 95,000 gain economists expected, Decrypt reported Friday. Markets read it as a reason for the Federal Reserve to keep its hands off rates, and Treasury yields fell. That should have been fuel for a risk-on bounce. Instead, Bitcoins latest daily candle shows it tapping the average price of the last 50 days and rolling straight back over below that territory.　　The performance of the top 10 crypto assets by market cap tells the same story in relative terms. Bitcoin was one of the steadier large caps on the week at +1.17% over seven days, behind only BNB and Solana—yet it still cant close back above its own moving-average ceiling. When the strongest macro tailwind in weeks cant flip a death cross, the market is telling you something.　　Bitcoin

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Crypto hacks cost $110M in July as bug reports rise

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.　　Crypto hacks put 2026 on course for a record　　Immunefi recorded 164 crypto hacks through Aug. 3, including 67 incidents that each caused more than $1 million in losses, according to data published by the security platform.　　The company projects that the number of hacks exceeding $1 million could reach 114 by the end of 2026. That would surpass the previous annual record of 72 major incidents set in 2024. Only 49 such incidents had been recorded by the same point that year.　　Julys estimated $110 million total added to an already costly year for the industry. A recent Blockaid report found that crypto security losses reached $1.1 billion during the first six months of 2026.　　Several large attacks contributed to the July total. Ostium lost 23.75 million USDC after an attacker compromised its off-chain infrastructure and manipulated price data used by the protocol.　　AFX suffered a separate $24.15 million bridge exploit during the month. Together, the two incidents accounted for more than $47 million in losses.　　Bug bounty reports and payouts increased　　Immunefi said its researchers received

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Robinhood's RWA Transfer Volume Soars 3,201%

Robinhood has continued to maintain a strong record in its onchain performance as the new blockchain still retains momentum amid active usage in the RWA ecosystem.　　While momentum remains strong, Robinhood has continued to see an impressive surge in its RWA transfer volume per the latest data from the Real-World Asset Foundation.　　Robinhood hits $1.6 billion milestone　　Per the data, Robinhoods RWA transfer volume has surged massively to $1.65 billion, marking an explosive increase of 3,201.20% over the last month.　　While the four-digit surge in the metric is significant for the platform, it represents the rapid growth in the value of RWA transfers taking place through Robinhood.　　Compared to its previous record of about $800 million as of late July, the monthly transfer volume is now sitting at around $1.65 billion as of Monday, August 10.　　The massive increase within just about two weeks signals Robinhoods unprecedented growth in activity and the sustained momentum surrounding the Robinhood Chain.　　Robinhood expands access to the UK　　While Robinhood has continued to gain a strong foothold across the crypto ecosystem, it is also moving closer to becoming a global crypto trading platform.　　Crypto Press Release Service　　Just recently, Robinhood launched its crypto trading services in the UK, expanding its commission-free crypto trading services

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Ethereum's Next Era: Vitalik Buterin Targets Quantum Safety, AI, and First-Class Privacy With New Roadmap

Ethereum co-founder Vitalik Buterin has presented a major update to the networks technological direction, radically changing its development priorities. The “Strawmap” he published eliminates the old six-phase roadmap — including the Merge, the Surge and others — and divides the blockchains evolution into three architectural layers: consensus (CL), data (DL) and execution (EL).　　The main marker of the new strategy is Ethereums official shift toward protection against future quantum computers, comprehensive user privacy and the integration of AI tools for code verification, while abandoning several older technological ideas.　　“Ethereum will be quantum-safe. Ethereum will put users privacy first. Ethereum will be secure. Ethereum will be censorship-resistant. Ethereum will be highly performant and scalable while satisfying the above. And Ethereum will be Lean.” — Vitalik Buterin　　What prompted the overhaul of the old Ethereum roadmap　　Expectations that powerful quantum computers could emerge soon have forced researchers to rewrite the security roadmap with the introduction of a post-quantum public-key registry and PQ transactions.　　Buterin emphasized that the roadmap now includes “aggressive scaling in the context of post-quantum,” involving lightweight LeanSPHINCS signatures and “zkzk” cryptographic frameworks.　　To achieve this, developers have made difficult trade-offs: Verkle trees, which had been under development for years, have officially been declared obsolete. According

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Grayscale quietly drops Cardano, Polkadot and Hedera ETF plans

SummaryGrayscale asked the SEC to withdraw proposed Cardano, Polkadot and Hedera ETF registrations in three filings submitted within four minutes late Friday.The asset manager said it no longer intends to proceed with the offerings. None became effective, and no securities were issued or sold.The withdrawals were sponsor-initiated, not SEC rejections. Grayscale gave no reason and could later submit new registrations.　　Crypto asset manager Grayscale Investments has dropped plans for exchange-traded funds tied to Cardano‘s ADA, Polkadot’s DOT and Hederas HBAR, withdrawing three registration statements from the U.S. Securities and Exchange Commission (SEC) late Friday.　　Through three separate requests with the regulator, Grayscale told the SEC it “does not intend to proceed with the planned distribution” of the shares of each trust.　　The withdrawals were initiated by Grayscale and werent SEC rejections.　　Grayscales initial Cardano ETF proposal came in February 2025, and its Polkadot filing later that month. Grayscale filed the corresponding ADA and DOT registration statements on Aug. 29, followed by its HBAR registration on Sept. 9.　　The proposed funds were designed as passive vehicles that would track the value of their respective tokens after fees and expenses. Grayscale said it had not sold securities or distributed preliminary prospectuses under the registrations.　　All three tokens have

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Solana lending giant Jupiter now lets the same dollar earn twice

SummaryJupiters Lend v2, introduced Monday, allows deposits and borrowed positions to double as trading liquidity so users can earn both lending interest and a share of swap fees from the same capital.The product introduces optional Smart Collateral and Smart Debt features that automatically pair assets into correlated liquidity pools, boosting yields for depositors and offsetting borrowing costs when traders route swaps through those pools.While borrowers in correlated pools are protected if one stablecoin depegs, collateral providers bear the loss on either asset, a risk Jupiter seeks to limit by confining the design to stablecoin pairs and SOL versus its staked versions.　　Solana decentralized-lending giant Jupiter rolls out its new Lend version 2 (v2) product on Monday, allowing deposits and borrowed positions to simultaneously act as trading liquidity so the same dollar earns interest as a loan and a share of swap fees.　　Jupiter Lend holds about $1.9 billion in deposits, according to DefiLlama data, and generated $1.6 million in fees over the past 30 days, or roughly 1% a year on the capital sitting there before any split with the protocol.　　Active loans stand at $822.7 million and have fluctuated between $600 million and $900 million since September, Token Terminal data show. Deposits

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Cryptos first quantum attack will look like unexplained breach: Quantus founder

The first sign that quantum computing has broken modern cryptography probably won‘t be a splashy theft of Satoshi Nakamoto’s dormant Bitcoin. It could just be a wave of unrelated crypto wallet breaches with no trace of how an attacker did it, according to the founder of blockchain startup Quantus.　　“When someone cracks your key, you don‘t get a memo saying how they did it,” Christopher Smith, CEO and co-founder of Quantus Network, told Cointelegraph. A sufficiently powerful quantum computer could derive a private key from public keys exposed onchain, allowing an attacker to move funds without compromising a wallet, device or exchange’s internal systems.　　This makes the arrival of “Q-day” — a hypothetical future moment when quantum computers become powerful enough to break standard public-key cryptography — unusually difficult to detect. In a theft involving a highly secure organization, “the only forensic evidence would be that there was no breach,” Smith said.　　Smiths warning comes as advances in quantum algorithms have reduced estimates of computing resources needed to attack the elliptic-curve cryptography used by major blockchains.　　First target may not be Satoshis Bitcoin　　Much of the fear around Q-day in crypto is what will happen if a quantum computer cracks the keys securing Satoshi Nakamotos

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Arthur Hayes Warns Bitcoin May Fall to $50,000 Before $1 Million

Arthur Hayes argues the artificial intelligence buildout is a leveraged real estate bubble that he says will end in a government bailout larger than 2008. He expects the resulting liquidity creation to carry bitcoin past $1 million.　　Key TakeawaysArthur Hayes frames the AI buildout as a credit bust, not a dot-com repeat.Bitcoin may chop between $60,000 and $70,000, with downside to $50,000.He expects AI capex growth to decelerate in 2027, with the slowdown becoming apparent by 2028.　　What Hayes Thinks the AI Buildout Really Is　　Arthur Hayes, co-founder of Bitmex and chief investment officer at Maelstrom, argues that the multitrillion-dollar artificial intelligence infrastructure boom resembles a real estate credit bubble rather than a traditional technology expansion. In an essay titled “Situationship,” published on Aug. 4, Hayes compared data center financing to the 2008 financial crisis rather than the earnings-driven dot-com crash of 2000, arguing an AI credit bust could trigger government intervention and liquidity that propel bitcoin toward $1 million.　　Hayes wrote:　　“Once the authorities sufficiently panic because their AI-created GDP growth is just another run-of-the-mill property bubble, they will print money in sums greater than the 2008 GFC. This will ultimately drive bitcoin to one million and beyond.”　　“Once the authorities sufficiently panic because their

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BTCPay restricts remote Lightning access after attackers steal funds

BTCPay Server has temporarily restricted public remote connections to Lightning Network nodes running Lightning Network Daemon (LND) software after attackers exploited a critical vulnerability to obtain credentials and move funds.　　BTCPay said the restriction prevents external wallets such as Zeus from connecting through a BTCPay Server domain or Tor onion address on Docker deployments. BTCPay said Lightning payments can continue and that it plans to restore the remote-access option when it considers it safe.　　Version 2.4.2 installs LND version 0.21.1 and automatically regenerates the macaroon credentials on standard BTCPay installations. The project advised operators to check for unauthorized payments, unexpected channel closures, unfamiliar peers and discrepancies in their onchain or Lightning balances.　　The BTCPay breach is the latest security incident involving widely used Bitcoin products, following a Coldcard hardware-wallet flaw linked to more than $100 million in confirmed losses. The separate incidents affected software surrounding Bitcoin rather than the networks underlying protocol.　　Update automatically rotates Lightning credentials　　BTCPay said the vulnerability allowed an unauthenticated remote attacker to obtain “macaroon” credential files used to control LND, an implementation of the Lightning Network. The project said the exposed credentials could allow attackers to take control of an LND node and move its funds.　　According to the projects security

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BIP-110 Bitcoin branch stalls after two blocks as gap widens

Bitcoins BIP-110-enforcing branch stalled at block 961,633 on Sunday after producing only two blocks, while the non-enforcing chain advanced to 961,721, widening the gap to 88 blocks.　　According to the BIP-110 monitor, updated at 10:19 am UTC, the branch‘s latest block had been mined about 12 hours earlier. Ocean records show that a pseudonymous mining group called Roughnecks produced the branch’s first two blocks using Oceans Decentralized Alternative Templates for Universal Mining (DATUM) mining protocol.　　The divergence began after BIP-110 entered mandatory signaling at block 961,632 on Saturday. Only 51 of the preceding 2,016 blocks, or 2.53%, signaled support. During this window, BIP-110 nodes reject blocks that do not signal through version bit 4, while ordinary Bitcoin nodes accept both signaling and non-signaling blocks.　　Under the proposal, mandatory signaling continues through block 963,647. The enforcing branch must mine through the remainder of the 2,016-block adjustment period before its difficulty can adjust, making progress slow without substantially more hashpower.　　BIP-110 has faced opposition from prominent Bitcoin advocates. Strategy executive chairman Michael Saylor said he shared the proposal‘s objectives but argued that its approach threatened Bitcoin’s neutral rules and consensus.　　Blockstream CEO Adam Back warned that the consensus-level change could damage Bitcoins credibility and potentially make certain

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