Author: John Smith

Ripple CEO Brad Garlinghouse said on Aug. 20 that the company is aggressively adopting artificial intelligence as it pursues further revenue and workforce growth. Summary Garlinghouse said Ripple has adopted artificial intelligence aggressively to accelerate growth across its expanding business. Ripple employs about 1,500 people globally and plans continued hiring as revenue grows further worldwide. Garlinghouse expects Ripple to more than double annual revenue during 2026, despite continuing market weakness. Ripple currently lists 94 roles publicly, including engineering positions focused on AI driven operations worldwide. Ripple Prime clears more than $3 trillion annually for over 300 institutional customers across markets.…

A Hong Kong appeals court has upheld a 56-month prison term for Ma Zhihao after investigators linked ransom payments from a human trafficking operation to a crypto exchange account registered in his name. Summary Hong Kong’s Court of Appeal upheld Ma Zhihao’s 56-month prison sentence. Police traced 8,127 USDT from a victim’s ransom to an exchange account registered to Ma. The USDT was converted into about HK$63,000 and transferred to Ma’s HSBC account. The trafficking network lured victims to Southeast Asia using fake high-paying job offers. Caixin reported on Aug. 20 that the Hong Kong Court of Appeal rejected Ma’s…

Protocol 27 is the final planned upgrade. ESMA registered the whitepaper. But PayPal integration remains unconfirmed, RoboPay is disputed, and PI trades at a fraction of its peak. What is real and what is not. Every few weeks, a headline declares that Pi Network has secured a partnership that will finally deliver the real world utility its community has been waiting for since the project launched in 2019. In August 2026 alone, reports emerged that PayPal had added PI to its merchant payment program and that RoboPay would integrate PI for AI driven robot service payments. Each announcement triggered a…

South Korean cryptocurrency exchange Upbit will add Bitcoin and Tether trading pairs for Biconomy, Bubblemaps, Nillion and ETHGas on Aug. 21. Summary Upbit will add eight BTC and USDT pairs covering BICO, BMT, NIL and GWEI tokens. Trading was postponed three hours from 13:00 KST to 16:00 KST on August 21 officially. BICO, NIL and GWEI deposits use Ethereum, while BMT transfers require Solana network support only. Only limit orders remain available for roughly two hours after Upbit opens the new markets. Upbit may delay trading again if deposits do not provide sufficient liquidity before the launch. The exchange originally…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. XRP rebounds 10% as Bitcoin short liquidations top $1 billion, while UE Crypto expands cloud mining access Summary XRP rebounds 10.17% near $1.10 as Bitcoin surges 8%, triggering more than $1B in short liquidations. Bitcoin hits $72,281 after a sharp rebound, fueling a major short squeeze and lifting XRP toward $1.10. XRP and BTC volatility sparks interest in UE Crypto’s contract-based cloud mining as an alternative income option. XRP has recently staged a strong rebound, with its price briefly…

Bitcoin has climbed toward $73,000 after a record short squeeze and falling U.S. Treasury yields powered an 11% rally, but analysts have warned that continued ETF and spot demand will decide whether the breakout holds. Summary Bitcoin has gained about 11% in 24 hours and reached a two-month high near $73,000. U.S. spot Bitcoin ETFs drew $517 million on Aug. 19, their strongest inflow since May. Nearly $2.7 billion in bearish crypto positions were liquidated as Bitcoin broke above $70,000. Analysts see ETF demand, Treasury yields and U.S. political progress as the next tests. Bitcoin’s short squeeze has accelerated the…

Coinbase CEO Brian Armstrong has said Bitcoin could be entering its next bull cycle as the asset trades above $72,000 ahead of a key U.S. Senate vote on crypto legislation. Summary Bitcoin has climbed above $72,000 after gaining more than 11% within 24 hours. Armstrong identified the September CLARITY Act vote as the market’s next major policy event. The Sep. 15 Senate action is a procedural vote, not a final decision on the bill. US spot Bitcoin ETFs attracted $517 million on Aug. 19, according to SoSoValue. Armstrong sees a possible Bitcoin bull cycle In an Aug. 20 interview with…

A group of Bitcoin wallets dormant since 2014 has transferred 1,214.42 BTC worth about $86 million as the cryptocurrency traded near a weekly high of $72,400. Summary 28 dormant wallets transferred 1,314.41 BTC worth $94.03 million within 24 hours. 2014 wallets supplied 92.4% of the Bitcoin moved during the period. 21 transactions carried exactly 50 BTC from legacy wallets to newer address types. Arkham labels have not connected the receiving addresses to any known exchange. Dormant Bitcoin wallets move $94 million Bitcoin.com reported on Aug. 20, citing btcparser.com data, that 28 long-inactive wallets moved a combined 1,314.41 BTC between Aug.…

Arch Lending co-founder Himanshu Sahay has identified qualified custody, zero rehypothecation, and clear collateral rules as three safeguards needed to reduce risks in Bitcoin-backed lending. Summary Bitcoin-backed loans give long-term holders access to cash without requiring an immediate sale. Sahay said independent custody and zero rehypothecation can limit operational and counterparty risks. Borrowers still face interest charges, margin calls and liquidation when Bitcoin’s price falls. Celsius, BlockFi, and Genesis showed how opaque lending structures can leave customers exposed. Himanshu Sahay, co-founder and chief technology officer of Bitcoin-backed lending platform Arch Lending, told crypto.news that wealthy Bitcoin holders are increasingly using…

The CLARITY Act has stalled ahead of a Sept. 15 procedural vote requiring 60 senators, as Senate Banking Committee Chairman Tim Scott accused Elizabeth Warren’s team of trying to drive crypto activity from the United States. Summary The Senate will hold a Sept. 15 cloture vote on whether to begin considering H.R. 3633. Scott accused Warren’s team of repeatedly changing its demands during negotiations. Republicans need Democratic support because advancing the bill requires at least 60 Senate votes. Ethics rules, stablecoin rewards and financial-crime provisions remain unresolved. SALT Conference footage from the Wyoming Blockchain Symposium showed Scott blaming Warren and…