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Fake Crypto AML Checkers Are Trying to Drain Users' Wallets

In briefMalwarebytes identified fake crypto AML checkers that trick users into connecting their wallets and approving transactions.The sites impersonate legitimate services such as AMLBot and use fake scans and results to appear legitimate.A basic AML check only requires a public wallet address, not a wallet connection or transaction approval.　　Scammers are targeting crypto holders with fake anti-money laundering services designed to trick users into approving transactions that could put their digital assets at risk, cybersecurity firm Malwarebytes warned.　　In a report published Wednesday, Malwarebytes said the sites impersonate services that check whether crypto wallets have interacted with stolen or illicit funds. Some mimic the legitimate service AMLBot, while others use generic names such as “AML Check.”　　Myriad: XRP price next move？ Click to make your prediction.　　Crypto AML services check a wallets public transaction history for links to hacks, scams, sanctioned entities, and other suspicious activity. A basic check only requires a wallets public address and does not require users to connect their wallet, approve permissions, or sign a transaction.　　According to Malwarebytes, the fake sites prompt users to connect their crypto wallets for an AML check, then simulate the process with fake progress messages and results. One site asked users for a small top-up

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73% of Global Stock Money is Coming to Europe as Iran Threatens the Region

Iran has reportedly assessed attacks on US military targets in Europe, according to two people close to the regime.　　The timing sets up a test for the rotation into European assets. The money moved in as semiconductor volatility rose and past signs of cooling hostilities lifted regional sentiment.　　Sponsored　　Sponsored　　European Equity Inflows Took Nearly Three Quarters of Global Money　　European equity funds pulled in $13.52 billion in the week through August 12. LSEG Lipper data shows that it was the largest weekly inflow since July 8.　　The money arrived as global equity funds logged a 12th straight week of inflows worth $18.62 billion. Europe claimed 72.6% of that total. Investors withdrew $1.7 billion from technology funds over the same stretch.　　The rotation started earlier. BeInCrypto reported that European stock ETFs recorded their first positive month since February in July, with $4.4 billion reportedly flowing into BlackRock products.　　Tehran Signals the War Could Reach Europe　　The capital arrives as Iranian planning has reportedly turned toward Europe. The Financial Times, citing two regime insiders, reported that Iranian forces have examined attacking US military targets in Europe in case Donald Trump escalates the war.　　The targets may include Bulgaria, which cleared its Bezmer air base for American refueling aircraft last month. One

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OrdinalsBot, Bitcoins First Inscription Service, Is Shutting Down After 3 Years

OrdinalsBot, the first inscription service in the Bitcoin (BTC) Ordinals ecosystem, has announced its shutdown. The project will sell its brand, intellectual property, and full technology stack.　　It opened about a month after the Ordinals protocol went live in early 2023. The project said that sustaining the business is not viable.　　OrdinalsBot Puts Brand, IP, and 90 Code Repositories Up for Sale　　The team announced the decision in a post on X. OrdinalsBot said it had explored measures, including restructuring and a business pivot, but ultimately determined that continuing operations was no longer viable.　　Sponsored　　Sponsored　　“Unfortunately, the Ordinals market has contracted sharply over the past year…In these 3 years, we have achieved many great things and met amazing, like-minded people looking to bring new use cases to the mother chain and create a robust fee market,” the post read.　　Rather than allow the business and its technology to gradually lose value, the company has opted to sell its entire asset portfolio through an open, competitive bidding process. The package includes the OrdinalsBot brand, intellectual property, domains, social media accounts, Discord community, and GitHub presence.　　It also includes more than three years of research and development spread across more than 90 code repositories. According to the company, the

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Why LIT is up 28% as traders bet on Lighters US regulatory path

Lighter price has rallied 28% over the past 24 hours to around $2.95 on Aug. 20, making $LIT the biggest gainer among the top 100 cryptocurrencies.　　CoinGecko data showed $LIT climbing from around $2.30 to an intraday high near $2.97, with the rally accelerating during the Asian and European trading sessions. The token was also up more than 20% over the past seven days.　　The latest buying has coincided with speculation over whether Lighter could eventually gain from a regulated route for decentralised perpetual futures in the United States.　　Ethereum developer Eric Conner noted on Aug. 20 that Lighter founder and CEO Vladimir Novakovski sits on the Commodity Futures Trading Commissions Innovation Advisory Committee, which is holding its inaugural meeting in Washington on Thursday.　　The CFTC lists Novakovski among the committees members, alongside executives from Coinbase, Uniswap Labs, Kraken, Polymarket and other crypto and financial companies.　　The committee advises the regulator on technology, law, policy and financial markets, with digital assets and blockchain technology among its areas of focus.　　Interest in Novakovskis position increased after reports that rival perpetual futures platform Hyperliquid has been exploring a legal route into the US market.　　Traders have speculated that regulatory progress for decentralised derivatives could eventually benefit other platforms, including

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Hyperliquid (HYPE) Momentum Explodes 19%: Is It Ready to Challenge Its ATH？

Hyperliquid rockets 19%, trading at $69.Trump has put $HYPE in the U.S. spotlight.　　The broader market flipped bullish overnight. Trump has pushed Congress to pass the CLARITY Act, calling it critical to maintaining Americas edge in emerging technology. He also teased potential US crypto reserves, language that sent institutional money flooding back into spot BTC and ETH ETFs simultaneously.　　All major assets have gained significantly. Meanwhile, Hyperliquid ($HYPE) is up by over 19% and is trading at $69.88. Its trading volume is hitting $1.352 billion across a session range of $58.04 to $72.28. The tokens ATH of $76.87 is now within striking distance, 9.6% away from the current price.　　The catalyst came directly from the White House. During a crypto executive meeting that included Coinbase, Kraken, Gemini, Robinhood, and Payward, President Trump stated that CFTC Chairman Mike Selig is working to bring Hyperliquid into the United States in a fully compliant and legal fashion.　　Hyperliquids model, an always-on exchange accessible through a wallet, is difficult to square with traditional US market structure. CME and ICE have lobbied for tighter scrutiny of the platform, citing manipulation and sanctions concerns. Moreover, Hyperliquid competes directly with their core franchise as the reference price setter.　　Can Hyperliquid Flash Another

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Why Crypto Market Is Up Today？

The crypto market is rising today with Bitcoin moving sharply higher and Ethereum gaining around 20% in a day. Solana is also performing well. However, many other altcoins have gained only around 5%-7% and some remain near their lows.　　U.S. spot Bitcoin ETFs have recorded buying for three straight day. More than 8,000 $BTC were reportedly purchased through the ETFs in the latest session, with BlackRock alone buying more than 4,000 $BTC. This buying helped push Bitcoin from around $64,000 toward $70,000.　　The rally was initially driven by a sharp wave of short liquidations, while new U.S. Treasury measures and fresh political support for the crypto industry added to bullish sentiment.　　Top Reasons Why Crypto Market is Surging TodayBitcoin Rally Triggers $1.2 Billion in Short Liquidations　　Bitcoin rose more than 8% after about $1.2 billion worth of short positions were liquidated within an hour. Short sellers betting on lower prices were forced to close their positions as Bitcoin moved higher, adding further buying pressure. The move helped push Bitcoin to its highest level since June 2 and eventually above $70,000.　　The market is now watching trading volume closely. Higher volume has accompanied the rally, although selling pressure remains visible around current levels.　　U.S. Treasury Boosts Bond

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Trumps Hyperliquid Push Sends HYPE Price Above $71: Is a New ATH Now in Sight？

The Hyperliquid price has suddenly come back into focus after a sharp rebound from the 50–55 area, with the token now trading around $72 and testing the upper boundary of its recent range. The latest move has brought the $HYPE price close to the key $72.18 resistance level, making this a crucial point for the bulls.　　The bigger concern is that the rally has come alongside a significant build-up in open interest, showing that leverage and market participation have risen substantially. That can support further upside, but it also increases the risk of a sharp reversal if the breakout fails.　　This brings thoughts: can $HYPE break through this resistance and move toward a new all-time high, or will sellers step in once again near the highs？　　What Drove the $HYPE Rally？　　The latest $HYPE move was backed by two major developments that strengthened Hyperliquid‘s growth and adoption narrative. Trump’s comments and Coinbase‘s integration brought Hyperliquid’s derivatives infrastructure closer to a much broader trading audience. Together, the developments have given traders fresh reasons to reassess $HYPEs near-term and longer-term demand outlook.Trump signals a U.S. path for Hyperliquid: President Donald Trump said the CFTC is working to bring Hyperliquid into the U.S. in a “fully compliant

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Nearly 1 in 5 crypto spot trades now happen on DEXs as centralized exchange volume collapses

Centralized crypto exchanges lost 31.2% of their spot crypto trading volume in July, falling to $727 billion and marking the lowest monthly total since October 2023. Decentralized exchanges also lost volume, but only 9.82%, settling at $176 billion.　　That gap pushed DEXs to a record 19.5% share of combined spot volume.Venue typeJuly spot volumeMonthly changeWhat the number showsCentralized exchanges$727B-31.2%CEX spot activity collapsed to the weakest level since Oct. 2023Decentralized exchanges$176B-9.82%DEXs also fell, but proved more resilientDEX share of combined spot19.5%Record highShare rose because the denominator shifted, not because DEX volume surged　　Where the CEX collapse concentrated　　BlockBeats July crypto trading-platform ranking shows spot volume on major CEXs fell 35.5% month over month, while perpetual futures volume fell a smaller 19.6%.　　The gap suggests spot was the weakest part of centralized crypto trading, while demand for leveraged trading proved relatively more resilient. The same dataset showed major CEX website traffic rose 3.0% even as app downloads slipped 2.1%, pointing to caution.　　Robinhoods app recorded $18 billion of crypto trading in the second quarter, down 35% year over year, even as equity notional volume on the same platform jumped 85% and options activity rose 50%.　　Coinbase said consumer crypto spot volume fell 38% year over year in the

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Hyperliquid Burns $4.2M in HYPE Tokens as Trading Fees Surge

Hyperliquid, a leading decentralized perpetuals exchange, has burned approximately $4.24 million worth of its native $HYPE token over the past 24 hours. The burn was fueled by roughly $4.4 million in trading fees generated on the platform during the same period, according to data from blockchain analytics firm Onchain Lens.　　How the Hyperliquid Burn Mechanism Works　　Hyperliquid uses a deflationary token model where a portion of the platforms trading fees is used to repurchase and permanently remove $HYPE tokens from circulation. This process reduces the total supply over time, potentially increasing scarcity for remaining holders. The latest burn represents a significant daily amount, reflecting strong trading activity on the exchange.　　The burn mechanism is part of Hyperliquid‘s broader tokenomics, which aims to align the interests of token holders with the platform’s long-term success. By consistently removing tokens from the market, the protocol can counterbalance inflationary pressures and reward long-term participants.　　Market Context and Implications　　The $4.2 million burn comes amid a period of heightened activity in the decentralized finance (DeFi) sector. Hyperliquid has positioned itself as a major player in perpetual futures trading, offering low fees and high-speed execution. The platforms daily trading volume has consistently ranked among the top in the industry, driving substantial

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HYPE Rallies Over 17% as Trump Confirms CFTC Push to Onshore Hyperliquid

$HYPE is up over 17% over the past 24 hours, rising from around $58 to a high of $72. This comes immediately after President Trump stated that the Commodity Futures Trading Commission is working to bring the decentralized exchange into the United States. Trump made the comment on Wednesday at a White House gathering of executives across crypto, tech and finance. “I understand that Mike is also working to bring Hyperliquid into the United States in a fully compliant and legal fashion,” he said, referring to CFTC Chairman Michael Selig, and adding that Selig was working very hard on it.　　JUST IN: hyperliquid:native has jumped over 17% to above $68 after President Trump said the CFTC is working to bring Hyperliquid into the United States in a “fully compliant and legal fashion.”　　This matters because the CFTC has already cleared US venues like Coinbase…　　As of this writing, $HYPE is trading above $70 and less than 10% from its all time highs of $76.95 set on June 16. Its worth noting that nothing has been approved thus far and no comment has been made on what an onshore Hyperliquid would actually be, which registrations it would need, or how long that would take.　　The

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