Optimism moves 546.9M OP from future airdrops to ecosystem growth fund

Blockchain Optimisms governance has approved a proposal to repurpose 546.9 million OP tokens previously reserved for user airdrops to support ecosystem growth and institutional adoption.  OP currently has a market cap of roughly $214 million, with a circulating supply of about 2.29 billion tokens, according to CoinGecko data.  The new Strategic Ecosystem Fund will support partnerships with chains, protocols and institutions, as well as incentives to increase activity and liquidity on OP Mainnet and grow OP Enterprise.  The decision drew pushback from some delegates who argued the tokens had been promised to users and questioned how the foundation would measure returns from the fund. Supporters said the allocation would be better used to compete for enterprise deals and drive growth.  Optimism vote to repurpose 546.9M OP. Source: Optimism  Optimism said it has no additional airdrops planned after distributing 269.1 million OP across five rounds, contending that airdrops were better suited to an earlier phase focused on broad user acquisition than its current institutional push.  Optimism is an Ethereum (ETH) scaling project behind OP Mainnet and the OP Stack, the blockchain framework used by networks including Base, Unichain, Kraken‘s Ink and Sony’s Soneium. More than 30 OP Stack chains currently contribute revenue to Optimism, according to the

08-21انڈسٹری

Ripple Mints More RLUSD as XRP Jumps 19%

Ripple has minted another batch of RLUSD as XRP stages a sharp rally, with the token gaining nearly 19% over the past 24 hours and briefly climbing to $1.24.  The latest RLUSD activity comes as Ripples stablecoin sees a flurry of new issuance and redemptions.  Digital Currencies  Ripple mints more RLUSD  Ripple minted 900,000 RLUSD in a transaction recorded on the XRP Ledger on Aug. 20, according to the transaction data shown by XRPScan.  The latest issuance followed several larger RLUSD transactions tracked by the Ripple Stablecoin Tracker.  The tracker reported 20 million RLUSD minted at the treasury three hours earlier, while two additional 10 million RLUSD mints were recorded about 11 hours earlier.  Another 12 million RLUSD was minted roughly 19 hours ago, followed by a 32 million RLUSD issuance about 23 hours ago.  At the same time, RLUSD has also seen substantial burns. The tracker reported 15.4 million RLUSD burned at the treasury about an hour ago, following a 20 million RLUSD burn on Ethereum roughly three hours earlier.  Taken together, the reported activity points to significant turnover in RLUSD supply rather than a simple one-way expansion.  The latest minting and burning transactions show Ripple continuing to actively manage the stablecoins supply.  Digital Currencies  XRP price spikes nearly 19%  XRP has

08-21انڈسٹری

X considers USDC payments for creator rewards

Elon Musks X has begun exploring USDC and other stablecoins as possible payment methods for creators while preparing to replace its existing revenue-sharing system.  X considers USDC for creator rewards  CoinDesk reported on Thursday that X is discussing whether to pay creators and other content providers with stablecoins, citing a person familiar with the plans.  Circle Internet Groups USDC is one of the digital tokens under consideration, although X has not chosen a payment method or disclosed when it could introduce stablecoin payouts. Talks remain active, according to the source, who also works with other social media companies testing stablecoins for influencer commissions.  X did not respond to CoinDesks request for comment, leaving the possible payment structure, supported countries and blockchain networks unconfirmed. The report also did not state whether creators would receive stablecoins by default or select them as an alternative to bank payments.  A stablecoin option could allow X to use one dollar-linked asset for creators in several countries, rather than arranging separate transfers through each local banking system. Any practical benefit would still depend on the networks, wallets, conversion services and withdrawal rules selected by the company.  USDC is designed to maintain a one-to-one value with the U.S. dollar and can move across

08-21انڈسٹری

Bitcoin Hits Highest Price Since June as $3 Billion in Shorts Liquidated

In briefBitcoin hit an intraday high of $72,408 Thursday before easing to $71,423, up 3.07% on the dayThis is the highest level since a flash crash sent the coin below $68,000 on June 2.Bitcoins short sellers are having their worst two days on record: more than $3 billion in short positions were liquidated across crypto in the past 24 hours alone, taking out over 190,000 traders.  Bitcoin broke back above $72,000 Thursday, touching an intraday high of $72,408 before easing to trade near $71,423, up 3.07% on the day.  Thats the highest Bitcoin has traded since June 2, when a flash crash knocked it from roughly $71,765 to $67,895 in a single session, the opening move in a slide that eventually dragged Bitcoin to a 21-month low near $57,832 by the end of June.  Myriad: Bitcoin next price move? Click to make your prediction.  The rally, now in its second day, has added close to 15% since Monday.  The gains also sparked a massive liquidation of short positions—bets that Bitcoins price would fall, placed by traders who borrow and sell the asset planning to buy it back cheaper later. When the price rises instead, exchanges force-close those trades once a traders collateral cant cover the

08-21انڈسٹری

Ripple Enters $10 Billion Private Credit Market: What It Means for XRP

Ripples entry into the global private credit market, valued at more than $10 billion, will begin with a major upgrade to XRP Ledger (XRPL). RippleX developers have announced the addition of an institutional lending feature in partnership with Clearpool Finance and Cicada Partners.  While 98% of yield in the DeFi industry is generated through the speculative circulation of loans within the crypto market itself, this initiative offers lending to real-world businesses — fintech and payment companies that need working capital.  Through this solution, the partners plan to attract a portion of the capital from the tokenized private credit sector to the network.  For XRP holders, the value of the upgrade lies in the growth of network activity and token utility. Borrowers will take out loans in the new regulated stablecoin RLUSD, protected by NYDFS oversight and custody at the Bank of New York.  Investing In Digital Currencies And Crypto  Mechanics of the RLUSD Flywheel on XRP Ledger. Source: RippleX, Cicada, and Clearpool via X.com  At the same time, all operations within the lending system — including the creation of pools, loan issuance, and repayments — will technically take place on XRPL. This means that every transaction requires the use of the native XRP token to pay

08-20انڈسٹری

Legendary Trader Brandt Buys Bitcoin: Rare Pattern Is Key Reason Why

Legendary futures trader and head of Factor LLC Peter Brandt has opened a long position in Bitcoin, completely reversing his previous market outlook. The change in his trading strategy was prompted by a decisive technical breakout from a rare chart pattern that pulled the cryptocurrency out of a prolonged downtrend.  Recently, falling prices had dominated the market, and Brandt openly admitted that “there was a reason to have expected a downside move in Bitcoin.”  Because of the prolonged formation of the right shoulder, the trader believed that the chart pattern “has a 60/40 chance to be resolved to the downside,” especially considering that the broader “trend was down.”  Daily CME Bitcoin futures chart showing an inverted head-and-shoulders breakout to $72,330. Source: Peter Brandt / TradeNavigator  However, this weeks price action completely invalidated the bearish scenario. A period of local calm gave way to a powerful impulse: Bitcoin moved above resistance near $64,000, established solid support and ended a multiweek consolidation with a decisive breakout.  As a result, on the daily chart of CME Bitcoin futures (BTC-056 contract), the price broke above the key neckline of the inverted head-and-shoulders reversal pattern. The completion of this pattern, which has been rare in the current market cycle, triggered

08-20انڈسٹری

CFTC plans crypto rules regardless of CLARITY Act

The Commodity Futures Trading Commission has prepared digital asset market structure proposals that could move forward even if Congress does not pass the CLARITY Act.  Whale Insider reported on Aug. 20 that Selig said the CFTC already had regulatory proposals prepared, giving the agency a route to continue its crypto agenda if lawmakers fail to complete the legislation.  JUST IN: ???????? CFTCs Selig says ‘Crypto will get market structure regardless of bill.’ pic.twitter.com/h0Olv6WF54  — Whale Insider (@WhaleInsider) August 20, 2026  “Crypto will get market structure regardless of bill,” Selig said, according to the report.  Selig‘s statement did not identify which proposals the agency has finished drafting, when it could publish them, or how much of the planned framework could be created under the CFTC’s current legal powers. Congress would still need to act before the regulator could receive the full spot-market authority contemplated by the CLARITY Act.  CFTC crypto rules could proceed under existing powers  The CFTC currently oversees derivatives markets, including futures, options, and swaps tied to digital assets. Its enforcement authority also covers fraud and manipulation in spot commodity transactions, but the agency does not have the same routine supervisory power over crypto spot exchanges that it exercises over registered derivatives platforms.  Without legislation, any CFTC

08-20انڈسٹری

The onchain agent infrastructure stack: Building rails for autonomous web3

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.  The Graph says onchain AI agents need identity, structured data and payments to act autonomously.  Artificial intelligence and blockchain have spent years developing largely along parallel tracks. AI has become increasingly capable of reasoning, interpreting instructions and making decisions, while blockchain networks have created programmable financial systems that can operate without centralized intermediaries. The next stage is bringing those capabilities together.  The result could be an internet populated not only by human users, but also by autonomous AI agents capable of discovering information, making decisions, interacting with protocols and paying for services on their own.  That future requires more than increasingly powerful large language models. As The Graph Foundation explains in its Aug. 18 blog post, “The Onchain Agent Infrastructure Stack Explained,” autonomous agents need infrastructure that translates AI reasoning into reliable blockchain actions. The Graph frames the emerging stack around three fundamental requirements: identity, environmental awareness and economic agency.  Identity: Giving agents an onchain passport  Before an autonomous agent can transact, a blockchain needs a reliable way to identify it and determine what it is authorized to do.  Simply giving an AI agent access to

08-20انڈسٹری

NeoSoul Raises $11 Million in Pre-A Funding to Accelerate Its Expansion in the AI Economy

NeoSoul announced the completion of an $11 million Pre-A funding round, with participation from MH Ventures, Amber Group, ArkStream Capital, 0G Foundation, Kirin Capital, CatcherVC, and New Oak International. The new capital will support the continued development of NeoSouls agentic trading products and broader AI economy infrastructure.  The financing follows the launch of NeoTrade, NeoSouls agentic trading workbench. NeoTrade allows traders to configure their own AI trading agents and enable them to make decisions and execute trades autonomously.  AI is moving beyond assisted analysis toward independent execution. In trading, the industry is increasingly focused on how to preserve agent autonomy while keeping capital secure and under clearly defined controls.  The round brings together investors spanning digital assets, Web3 infrastructure, decentralized AI, and capital markets across Asia and North America. Kirin Capital, a key investor in the round with a long-standing presence in Vietnam and Southeast Asia, will further support NeoSouls expansion across Vietnam and the broader Southeast Asian market.  Kaelan, Co-Founder of NeoSoul, said: “AI is moving from producing information to participating autonomously in economic activity, and trading is one of the earliest use cases where a complete economic loop can emerge. NeoTrade is our entry point. Following this round, NeoSoul will continue building

08-20انڈسٹری

XRP Whales Go Crazy With 300 Million Tokens Scooped Up in 25% Price Surge

XRP has risen more than 25%, reaching $1.245 early Thursday, joining a rally that took Bitcoin past $72,000.  This follows months of quiet accumulation from large holders, or whales. Onchain data indicates that average spot order sizes for XRP have stayed in the “big-whale” territory throughout 2026. These large XRP spot orders, according to CryptoQuant, suggest “quiet accumulation.”  In the most recent bout of accumulation, XRP whales went on a “crazy” shopping spree, according to crypto analyst Ali, scooping up 300 million tokens in a 96-hour timeframe.  This follows a growth in millionaire wallets. Santiment reported in the past week an increase in the XRP millionaire wallet cohort, which added 32 wallets in 3 months.  XRP price jumps  XRP recorded a sharp price surge on Thursday, rising from $1.08 to $1.24. On Wednesday, XRP price began to rise from a low of $0.99, netting a gain of over 25% in the context of its intraday high of $1.245.  At the time of writing, XRP was up 22% in the last 24 hours to $1.23 and up 24% weekly. An activity surge and an open interest surge had preceded XRPs massive rise.  Earlier in the week, CryptoQuant reported a surge in XRP open interest data on Binance, indicating

08-20انڈسٹری
1
...
332334
...
1000