Author: John Smith

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…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. SimpleSwap report finds Bitcoin sell-offs are drawing weaker stablecoin inflows as market fear loses its impact Summary Bitcoin’s February sell-off triggered a 600% surge in stablecoin inflows, while June’s deeper slide drew little safe-haven demand. SimpleSwap data shows Bitcoin’s stablecoin flow correlation flipped from -0.54 in Q1 to +0.18 from April to June. Swap activity reveals investors reacted far less to Bitcoin’s June drop, suggesting repeated market shocks may be losing their impact. Bitcoin fell 17.5% in February, and…

An Ethereum user reportedly lost 1,010 ETH after following an old Tornado Cash bookmark that allegedly redirected to a malicious frontend controlled by phishing attackers. Summary An Ethereum address received 810 ETH through nine transfers on August 18, onchain records confirm. Community reports claimed 1,010 ETH was stolen after a user visited a suspected phishing frontend. The cited wallet retained approximately 810 ETH, worth about $1.86 million when records were checked. Claims that attackers stole nearly 4,000 ETH over twelve months remain independently unverified by researchers. Tornado Cash’s website was accessible when checked, leaving the alleged domain takeover without official…

The U.S. Treasury doubled its long-end buyback operations on Aug. 19, compressing yields and triggering the largest single-day crypto rally since March. This is the plumbing story nobody else traced. Summary The U.S. Treasury announced it will at least double the maximum size of its liquidity support buyback operations for 10-to-20-year and 20-to-30-year nominal coupon securities from $2 billion to at least $4 billion per operation, effective Sep. 9 through Nov. 4, 2026. The 30-year Treasury yield fell from a 19-year high of 5.34% to 5.19%, a drop of roughly 15 basis points from the Tuesday peak and 9 basis…

Ripple CEO Brad Garlinghouse said cryptocurrency had moved beyond the fringes of American finance on Aug. 20, citing an industry-backed estimate that more than 67 million Americans own digital assets. Summary 67 million Americans own cryptocurrency, according to an NCA estimate developed with Harris Poll research. Garlinghouse cited the estimate after attending a White House meeting with senior financial regulators Thursday. The survey questioned 10,000 existing cryptocurrency holders, rather than a representative sample of all adults. 63% of surveyed holders reported greater interest in using cryptocurrency during 2026 than during 2025. The SEC separately proposed two registration exemptions for certain…

Swift, HSBC and Standard Chartered completed the first live interbank transaction on Swift’s blockchain-based ledger on Aug. 19, 2026. Summary Swift connected HSBC and Standard Chartered tokenized deposit platforms in its first live interbank transaction. The ledger matched and netted payment obligations before final settlement occurred through existing banking systems. HSBC recorded obligations through its Tokenised Deposit Service while Standard Chartered used its separate infrastructure. Seventeen banks across six continents joined Swift’s pilot for interoperable tokenized deposit live transactions globally. HSBC’s service currently operates in six markets and supports seven currencies, including dollars and euros. The transaction connected two independently…

A U.S. federal court has resolved the CFTC’s cases against Caroline Ellison and Gary Wang by imposing five-year trading bans and registration bans of up to 10 years. Summary Ellison received a five-year trading ban and a 10-year CFTC registration ban. Wang received a five-year trading ban and an eight-year registration ban. Both sanctions date back to the initial consent orders entered on Dec. 23, 2022. The CFTC is not seeking additional financial penalties, citing their cooperation and an $11.02 billion forfeiture order. The Commodity Futures Trading Commission said on Aug. 19 that the U.S. District Court for the Southern…

Mantle price rebounded more than 6% on Aug. 19 as MNT tested a key resistance level near $0.46, while liquidation data pointed to a larger pool of leveraged positions above the market. Summary Mantle price rose 6.6% to approximately $0.455 during the latest daily session. The token is testing Fibonacci resistance at $0.4575 after rebounding from $0.39. Liquidation liquidity is concentrated between $0.46 and $0.49, creating a possible short-squeeze zone. Mantle hosted 155 tokenized equities and more than $1 billion in DeFi TVL by June. Mantle price approaches a breakout level According to data from crypto.news, Mantle (MNT) price traded…