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BitMart faces insolvency claim over frozen withdrawals

BitMart is facing a new insolvency allegation after an OpenGradient co-founder said his market-making team could no longer withdraw funds locked on the exchange.　　Market maker questions BitMarts solvency　　Matthew, a co-founder of decentralized AI network OpenGradient, said his market-making team has funds trapped on BitMart and questioned whether the exchange remains solvent.　　According to Matthew, the team cannot withdraw its assets from the centralized trading platform. He also alleged that BitMart continued encouraging token holders to lock funds on the exchange about one week before halting the related services.　　our MM has our balances stuck on @BitMartExchange that we cant get out cuz theyre insolvent.　　also insane that they were asking token holders to lock tokens on their exchange literally 1 week before they shut down.　　it was always just a play for liquidity. https://t.co/NzHd1PM0M1 pic.twitter.com/HtRm3VpFFq　　— Matthew (∇, ∇) (@0xDeltaHedged) August 10, 2026　　Matthew described the timing as “shocking” and claimed the lockup campaign may have been intended to bring additional liquidity onto the platform. BitMart had not issued a direct response to his allegations at the time of writing.　　The claims have not been independently verified, and Matthew did not disclose the value or type of assets held by the market maker. There is currently no

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Strategy sells $108.6M Bitcoin to fund STRC buyback

Strategy sold another 1,690 Bitcoin last week and directed the entire $108.6 million in proceeds toward repurchasing its STRC preferred stock.　　SummaryStrategy sold 1,690 BTC for $108.6 millionat an average price of $64,262.The company repurchased 1.15 million STRC sharesusing the sale proceeds.Strategy raised another $653.1 millionby selling 6.59 million MSTR shares.Its dollar reserve increased to $4.65 billion, while Bitcoin holdings fell to 840,447 BTC.　　Strategy sells Bitcoin for a second straight week　　An Aug. 10 filing with the U.S. Securities and Exchange Commission showed that Strategy sold 1,690 BTC between Aug. 3 and Aug. 9.　　The sale generated $108.6 million in net proceeds, reflecting an average price of $64,262 per Bitcoin. Strategy used the entire amount to repurchase 1,152,020 shares of its Variable Rate Series A Perpetual Stretch Preferred Stock, or STRC.　　The transaction lowered Strategys Bitcoin reserve to 840,447 BTC. The company acquired those coins for a combined $63.36 billion, including fees and expenses, at an average cost of $75,385 per BTC.　　You might also like:　　Michael Saylor says ChatGPT helped Strategy raise $15B　　Strategy has now sold Bitcoin for two consecutive weeks. As crypto.news previously reported, the company sold 1,638 BTC for $104.7 million between July 27 and Aug. 2.　　The earlier disposal funded $52.4 million in

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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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Crypto Exchange Exit Ranking: An Unprecedented “Great Escape” in the Crypto Industry!

In October 2025, Bitcoin had just touched its all-time high of $126,199 (according to Binance data) before suddenly staging a spectacular free fall from the sky. As the U.S.-China trade war reignited, the crypto market witnessed $19 billion in liquidations, with 1.6 million traders wiped out overnight. Altcoins suffered even more brutally, with most dropping 70%-80%, creating what many called a crypto version of “9/11.”　　But the biggest contribution of this crash was not simply making investors lose money — it became a high-definition mirror exposing the truth. The exchanges that had been surviving on the bubble-driven bull market suddenly revealed their real condition overnight. Some disappeared, some shut down, and some turned against each other in public disputes. The drama became more spectacular in every case.　　Even more shocking, in July 2026, three exchanges exited the stage within a single month: AscendEX, BitMEX, and BitMart all suffered major setbacks and withdrew from the battlefield. Combined with the exchanges that collapsed in 2025, including TradeOgre, XeggeX, and Tokenize Xchange, as well as earlier disasters such as JPEX and AAX, this is no ordinary bear market — it is a “Jurassic extinction event” for crypto exchanges.　　After an exchange collapses, the biggest problem is

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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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