Author: John Smith

DefiLlama delayed the public launch of its mobile application while trying to remove applications impersonating the DeFi analytics platform from Apple’s App Store, pseudonymous founder 0xngmi said on Aug. 15.  Summary DefiLlama delayed its mobile launch until fake App Store listings were removed, founder 0xngmi said. Apple removed one impersonating app within days after DefiLlama demonstrated it could drain cryptocurrency funds. DefiLlama’s official iPhone app is now live, with Apple listing DEFILLAMA LIMITED as its provider. Apple’s guidelines prohibit app impersonation and unauthorized use of another developer’s brand or product name. Fake crypto apps have repeatedly reached Apple’s store, including…

Bits of Gold, Israel’s regulated crypto broker, is investigating a cyber incident that may have exposed customer identity and financial information after unauthorized access to a third-party system used for support and data analysis.  Summary Bits of Gold said funds, crypto, passwords, ID scans and full card details remained unaffected. Potentially exposed data includes names, identification numbers, emails, phones, IP addresses and bank account details. Bits of Gold linked the incident to third-party software compromised during a wider global breach. Bits of Gold reports 300,000-plus customers and operates under Israeli financial regulation with license 56716. BILS received approval in April…

SafePal disclosed on Aug. 16 that an authorization flaw in an order-tracking plugin exposed customer order information belonging to approximately 39,798 people.  Summary Nearly forty thousand SafePal customers had order information exposed through an authorization flaw in software. Exposed records included names, emails, shipping addresses, phone numbers and detailed SafePal purchase information externally. Seed phrases, private keys, wallet passwords, payment details and government identification numbers were not exposed. SafePal removed over 30 phishing websites and shortened personal data retention to 90 days afterward. SafePal received a phishing report in May before confirming the authorization flaw during July investigations. The affected…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. EiCrypto has launched a contract-based cloud mining platform designed to help XRP and BTC holders diversify asset participation amid market volatility. Summary EiCrypto launches a renewable-powered cloud mining platform, offering XRP and BTC holders an alternative way to put their assets to work. It has introduced cloud mining contracts backed by computing power, targeting investors seeking alternatives to crypto price volatility. The platform is drawing XRP investor interest with its automated contracts and renewable-powered mining infrastructure. The XRP community…

Cardano’s Dijkstra upgrade remains on its agreed technical scope and schedule, with developers targeting Linear Leios and Nested Transactions in the first phase before a separate Peras activation in 2027.  Summary Cardano’s Dijkstra Phase 1 targets mainnet by year-end with Linear Leios and Nested Transactions included. Peras activation is planned for Q2 2027 through a separate intra-era hard fork on mainnet. Amaru currently validates and syncs to tip, with mainnet block production targeted for November 2026. Cardano plans one constitutional amendment adding Dijkstra parameters, targeted for submission by September 11, 2026. Dijkstra’s first phase also prepares Peras codecs and parameters…

Mark Cuban said on Aug. 16 that “chips as an asset class will be the new crypto,” offering a one-line prediction as artificial intelligence drives demand for advanced computing hardware.  Summary Mark Cuban said chips as an asset class could become the next crypto-like investment category. CoreWeave closed a $2.6 billion facility this month backed by long-term confidence in GPU demand. Nvidia reported quarterly data center revenue of $75.2 billion, rising 92% year over year recently. CoreWeave has pioneered GPU-backed financing, showing chips already function as collateral within institutional credit markets. Bitcoin advocate Pierre Rochard rejected Cuban’s analogy because chip…

Grayscale withdrew its Cardano, Polkadot, and Hedera ETF registrations in under four minutes on August 7, exactly two days before ADA cleared the SEC seasoning threshold. With Bitwise and Canary still in the race, the retreat says more about the economics of altcoin ETFs than about Cardano itself. Summary Grayscale filed three Form RW withdrawals with the SEC on August 7, 2026, pulling its Cardano Trust ETF, Polkadot Trust ETF, and Hedera Trust ETF registrations in a span of 190 seconds, with no shares issued, sold, or distributed under any of the three. – Cardano completed its six-month CME futures…

A $550,000 community audit contest uncovered two critical vulnerabilities in XRP Ledger features that could have drained user accounts without private keys. The findings reveal how Ripple’s audit-before-release model diverges sharply from the broader crypto industry’s patch-after-exploit norm. Summary Sherlock’s two-week audit contest, which opened on April 13, 2026, uncovered 96 valid vulnerabilities across five proposed XRP Ledger amendments, including 2 critical and 6 high-severity bugs, before any of them reached mainnet. Ripple paid $309,000 in RLUSD bounties from a $550,000 prize pool, marking the first collaboration between Sherlock and Ripple and one of the largest audit contests of 2026.…

Moon Pursuit Capital founder Utkarsh Ahuja has said crypto venture investors will prioritize quantum-ready infrastructure heading into 2027 as global VC investment reached $227.4 billion in the second quarter. Summary Global VC investment reached $227.4 billion across 8,440 deals during Q2 2026. Ahuja expects post-quantum security and blockchain migration tools to attract more capital. Moon Pursuit co-led AmericanFortress’ $8 million seed round with SAVA and 0G Labs. NIST and major blockchain developers have already started preparing for quantum-resistant systems. KPMG’s latest Venture Pulse report found that global venture funding recorded its second-highest quarterly total in Q2, although much of the…

World Liberty Financial has received preliminary OCC approval to establish a national trust bank that would oversee more than $4 billion in USD1 stablecoin circulation. Summary World Liberty Trust must meet the OCC’s conditions before it can begin operations. The proposed bank would issue USD1, manage its reserves, and serve institutional custody clients. WLTC must maintain at least $20 million in eligible capital before opening. WLFI rose after the decision but remains down more than 60% over the past year. World Liberty Financial must meet OCC conditions The Office of the Comptroller of the Currency said on Aug. 14 that…