Crypto Industry News & Market Trends

MoneyGram brings Solana cash ramps to 170+ markets

MoneyGram expanded its blockchain payments strategy on Aug. 11 by launching MoneyGram Ramps on Solana, giving wallets, exchanges and developers access to its cash network through one API.　　The companys release says the integration supports cash deposits in more than 25 countries and cash withdrawals in more than 170 countries and territories.　　Rift is the first Solana wallet to integrate the service. The launch builds on MoneyGrams June entry into Solana as a validator and participant in the Solana Developer Platform, extending the relationship from network infrastructure into customer facing payment access.　　MoneyGram Ramps gives Solana cash access in 170+ markets　　MoneyGram says developers can obtain API credentials, use a sandbox and integrate software development kits without building separate banking connections. Solana has embedded Ramps in the payments module of its Developer Platform, allowing apps to connect onchain activity with MoneyGrams physical cash network.　　MoneyGram says its wider network serves more than 60 million active customers and includes nearly half a million retail locations. Solanas announcement lists international payouts, stablecoin payroll and aid distribution as possible applications. Those are proposed use cases, not announced customer deployments.　　MoneyGrams corporate site says its broader network spans more than 200 countries and territories, with more than 480,000 retail locations

08-12Industry

MoneyGram expands crypto cash ramps to Solana

Global remittance company MoneyGram has expanded its Ramps service to Solana, allowing wallets, exchanges and developers on the network to offer cash-to-crypto and crypto-to-cash conversions through its payments network.　　Ramps previously operated on Stellar, making Solana its second supported blockchain. Rift is the first Solana (SOL) wallet to integrate the service, allowing users to move between crypto and local currencies through MoneyGram.　　In an X post announcing the launch, Solana said MoneyGram serves more than 60 million customers through nearly 500,000 retail locations across more than 170 countries, with the network now accessible to Solana developers through a single API.Source: Solana　　Ramps supports cash deposits in more than 25 countries and withdrawals in more than 170 countries and territories, according to MoneyGram. The service, also integrated into the Solana Developer Platform‘s payments module, lets developers add MoneyGram’s fiat on- and off-ramp infrastructure without building their own banking integrations.　　The company said the Solana launch is part of a broader effort to make Ramps available across multiple blockchain ecosystems. In June, MoneyGram became a Solana validator, staking SOL and processing transactions on the network. It also joined the Solana Developer Platform as part of that expansion.　　Magazine: Bitcoin will never fall below $60K again: Nansen founder

08-12Industry

FlightAware sues Kalshi over flight cancellation data

FlightAware, a company that offers real-time status and information about flights globally, filed a lawsuit against Kalshi in a New York federal court over the prediction markets platform using its “data and name to run gambling markets on flight cancellations.”　　In a Monday filing in the US District Court for the Southern District of New York, the company said that despite repeated demands for Kalshi to stop using its registered trademark and offering bets “verified by FlightAwares data,” the prediction market has continued to list event contracts based on flight cancellations.　　The lawsuit cited authorities‘ claims that event contracts on prediction market platforms like Kalshi were “wagers” in violation of state laws, adding that the company’s expansion to trading on commercial flights starting in July was associating FlightAware with activities potentially harming its reputation. FlightAware sought to “stop Kalshis illicit behavior before there is any harm to public safety.”　　“[T]here was widespread outrage and concern that the markets would incentivize unsafe tactics to impact cancellations, threatening public safety and creating the potential for massive disruption of air travel. Airlines condemned the markets,” said the lawsuit. “And due to Kalshi‘s unauthorized use of FlightAware’s data and mark, customers immediately assumed that FlightAware was involved

08-12Industry

Coinbase-backed Flowdesk secures full broker-dealer license in Dubai

Flowdesk, an institutional crypto market maker backed by Coinbase Ventures and BlackRock, has received a full broker-dealer license in Dubai, expanding its ability to serve institutional investors in the emirate.　　On Tuesday, Flowdesk said Dubais Virtual Assets Regulatory Authority granted the license to its local entity, Flowdesk Omega FZE, allowing it to provide regulated broker-dealer services to qualified and institutional investors in and from Dubai.　　The approval follows Flowdesk‘s broader regulatory expansion, with the company receiving authorization in France as a Crypto-Asset Service Provider under the European Union’s Markets in Crypto-Assets framework.　　Broker-dealers are playing an increasingly important role in the cryptocurrency market, bridging traditional finance and digital assets while providing liquidity, custody services and regulatory compliance. Earlier this month, crypto market maker Wintermute launched a US broker-dealer, allowing it to trade stocks and options.　　Digital asset infrastructure provider BitGo and securities marketplace operator OTC Markets announced in July that they plan to provide digital asset trading and custody infrastructure for more than 150 broker-dealers using OTS Link ATS, an alternative trading system.　　Related: SoFi taps BitGo to provide infrastructure for bank-issued stablecoin

08-12Industry

Nasdaq to acquire LeveL Markets in push toward ‘always-on’ markets

Nasdaq has agreed to acquire LeveL Markets, the third-largest alternative trading system in the US by trading volume, as part of its push into tokenized and always-on markets.　　According to Nasdaq, LeveL Markets processes hundreds of millions of shares daily and serves more than 2,500 buy- and sell-side clients. The venue will operate within Nasdaq‘s new Digital Liquidity Networks unit, led by Roland Chai, who has overseen the company’s digital assets strategy since earlier this year.　　Nasdaq first invested in LeveL Markets in 2021. The platform has since grown to execute trades across more than 7,000 symbols daily and serves more than 300 institutional buy-side firms, with average daily trading volume increasing 56% in 2025.　　Tuesdays announcement said LeveL Markets will remain a FINRA-regulated ATS with its own management team following the acquisition. Financial terms were not disclosed, and the deal remains subject to regulatory approval.　　Nasdaq said the acquisition will add LeveLs institutional execution network to its broader push toward programmable, “always-on” markets. The Digital Liquidity Networks unit combines liquidity platforms, tokenization capabilities and digital asset technology.　　Related: Tokenized RWA surge to $4T may push LINK to $200 by end-2030: Standard Chartered　　Nasdaq expands push into tokenized, always-on markets　　Nasdaq first proposed allowing tokenized securities to

08-12Industry

Russia proposes exchange trading of Bitcoin, Ether and Tethers USDT

Russias central bank has compiled a proposed list of crypto assets that could be admitted to public trading on exchanges under new rules approved last week.　　The list includes Bitcoin, Ether and Tethers stablecoin USDT, the Bank of Russia said Tuesday, adding that the assets meet criteria including market capitalization, average daily trading volume and at least five years of price history on overseas markets.　　The proposal follows a new law, signed by President Vladimir Putin on Aug. 4, that gives the Bank of Russia authority to determine which digital currencies can be admitted to organized trading and set related rules.　　Under the rules, non-qualified investors could buy up to 300,000 Russian rubles ($3,650) worth of cryptocurrency per year through each intermediary, including a broker, crypto exchange service or asset manager. Qualified investors would face no purchase limits for crypto assets traded on exchanges or over-the-counter markets.　　“Before making transactions, all investors, regardless of their status, will have to pass a test and familiarize themselves with the risks of investing in crypto assets,” the Bank of Russia said.　　The central bank said the restrictions are designed to protect non-qualified investors from sharp and unpredictable fluctuations in crypto prices. The regulator is accepting comments on the

08-12Industry

BTCPay Backers Offer Bitcoin Bounty After Wallet Exploit

In briefBTCPay Server supporters offered 10% of recovered funds, capped at 3 BTC.Attackers stole Bitcoin using credentials taken from vulnerable LND servers.Users running affected software should update to version 2.4.2 immediately.　　BTCPay Server supporters are offering 10% of any funds recovered, capped at 3 BTC currently worth around $190,000, if all the Bitcoin stolen in a recent exploit is returned.　　In a post on X on Monday, BTCPay said the offer extends to anyone with information that could help recover the funds, including the attacker.　　“We will examine our mistakes, but regret alone will not help affected users or secure the project,” the company wrote. “There is no time to waste. We have to learn, improve, and act quickly.”　　BTCPay first warned users about the attacks on Friday, urging them to install a new version, 2.4.2, or take their servers offline. At the time, the project had not confirmed any thefts or explained how the exploit worked.　　According to BTCPay, the flaw allowed attackers to obtain LND admin macaroons—credentials that grant broad control over a Lightning Network node—and use them to access connected wallets. The Lightning Network is a layer-2 payment network built on the Bitcoin blockchain that enables faster and cheaper transactions. Lightning Network

08-12Industry

OpenAI Ships GPT-5.6-Cyber Through Gated Daybreak Red Access Tier

OpenAI has released GPT-5.6-Cyber, a cybersecurity-specific model that gives approved defenders tools for exploit development and vulnerability research.　　The company positioned the launch around a shrinking window for defense. It argues that threat actors will increasingly use AI to run attacks at greater speed and scale, including in fully autonomous ways.　　OpenAI Gives Trusted Defenders Frontier Cyber Tools　　GPT-5.6-Cyber is built on GPT-5.6 Sol, OpenAIs standard model. Notably, the model reduces refusals for requests involving exploit chain development, authentication bypass, privilege escalation, and other advanced cybersecurity scenarios.　　Sponsored　　Sponsored　　OpenAI says it completes 95% of these requests, compared with 1.5% for its general-purpose GPT-5.6 Sol model.　　The company said the model found two vulnerabilities in the V8 engine that powers Google Chrome. It reported them to Google as CVE-2026-15903. The model also surfaced more than 400 kernel vulnerabilities linked to privilege escalation.　　Meanwhile, OpenAI said its expanding Daybreak to two access tiers. Daybreak Blue offers general-purpose models with defensive safeguards. Daybreak Red provides access to purpose-trained cybersecurity models, including GPT-5.6-Cyber.　　“Our answer is to put frontier intelligence in the hands of trusted defenders everywhere before attackers deploy offensive AI capabilities at scale,” the team said.　　Follow us on X to get the latest news as it happens　　Rogue AI Incidents Sharpen

08-11Industry

Bitdeer Stock Craters 20% Following Wider Second-Quarter Net Loss

Bitdeer (BTDR) stock fell to its lowest level since March 31, after the crypto miner reported a wider second-quarter loss and revenue that missed Wall Street forecasts.　　The Nasdaq-listed miner lost $0.37 per share, wider than the $0.32 expected by analysts. Revenue of $228.8 million also trailed the $231.16 million consensus.　　Sponsored　　Sponsored　　Earnings Miss Overshadows Revenue Growth　　Bitdeers net loss widened to $92.3 million from $62.9 million a year earlier. The company also swung to a gross loss of $8.5 million from a $12.0 million gross profit, according to its reported results.　　The shortfall extended a difficult stretch that followed a $159.5 million deficit in the first quarter. Revenue still climbed 47% to $228.8 million from $155.6 million.　　However, the cost of revenue outpaced that gain, rising to $237.3 million on electricity and depreciation charges.　　Follow us on X to get the latest news as it happens　　Mining Output and AI Push Continue　　Operationally, the quarter told a stronger story. Self-mining revenue nearly tripled, from $59.3 million to $168.4 million. The gain came as Bitcoin (BTC) mined jumped to 2,694 from 565 a year earlier.　　Adjusted EBITDA improved sharply to $31.1 million from $4.6 million over the same period. Bitdeer is also pushing deeper into artificial intelligence infrastructure.　　Sponsored　　Sponsored　　AI Cloud revenue

08-11Industry

ZachXBT Traces $5M Crypto Thefts to US-Based Support Impersonation Scammer

Onchain investigator ZachXBT named a US-based threat actor, Tiffany Milanovich, who is tied to at least $5 million in crypto theft through fake support calls. 　　According to his findings, Milanovich worked as a “caller,” phoning victims while posing as support staff and talking them into surrendering access to their funds. He said she recorded herself taunting victims after draining them.　　Sponsored　　Sponsored　　How the Impersonation Scheme Worked　　Milanovich worked as part of a group. As the caller, she impersonated the hardware wallet and centralized exchange support.　　A separate actor using the aliases “bled” and “harm” supplied the phishing-panel infrastructure, according to the report.　　In June 2026, a victim lost $1.2 million in Bitcoin (BTC) and Ethereum (ETH) after the group drained the victims Trezor wallet. The attack began with a spoofed BitcoinIRA email sent under the alias “Patricia Massie.” ZachXBT said the bulk of the stolen funds remain dormant onchain.　　An earlier theft in October 2025 cost a victim $500,000 in Bitcoin after the group drained a Coinbase account. ZachXBT said Milanovich complained about her cut and posted a screenshot of the withdrawal herself.　　Follow us on X to get the latest news as it happens　　1Meet Tiffany Milanovich, a US based threat actor tied to at least $5M

08-11Industry

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