Crypto — August 2026

Crypto network Cronos halts itself after a $75M hack

An attacker pushed a thinly-traded token's price up 100-fold, then borrowed real crypto against it as fake collateral.

Crypto neobank Avici hacked, token crashes 49%

Hackers drained a Solana-based crypto debit-card startup's customer funds one account at a time, crashing its AVICI token as much as 49%.

Bitcoin sinks below $78K after Warsh's Fed speech

Fed Chair Kevin Warsh's hawkish Jackson Hole speech on inflation sent Bitcoin sliding to its lowest price in over a week, erasing most of this month's rally.

Circle's USDC becomes Chelsea's shirt sponsor

The stablecoin issuer is now the first crypto brand to land a Premier League front-of-shirt deal, debuting on Chelsea's jersey this weekend.

Coinbase and Better open Bitcoin-backed mortgages to all

The token-backed home loan, piloted since June, is now available nationwide, letting buyers pledge Bitcoin for a down payment.

Bitcoin hit $81,000 as Bessent's move rattled the dollar

Treasury Secretary Scott Bessent's bond buybacks sparked bitcoin's best week in years, on a bet the dollar is about to weaken.

Bitcoin tops $80,000 for the first time since May

A three-day rally over 20% — Bitcoin's best since 2023 — pushed the price past $80,000 and wiped out over $220 million in short bets.

Bitcoin, Ether ETFs pull in $2.6B, best week since Oct

The combined weekly haul more than tripled trading volume as institutions piled back into crypto funds.

Zcash hits 8-year high as Grayscale pushes for ETF

The privacy coin jumped to prices last seen in 2018 as futures trading surged and Grayscale moved its Zcash trust closer to becoming an ETF.

Bitcoin nears $80K as Congress pushes the Clarity Act

Bitcoin is having its best week since 2023, and Washington's crypto rulebook might finally get a vote.

Bitcoin tops $72,000 in a historic short squeeze

A Treasury bond-buyback announcement triggered the biggest wave of short-seller liquidations since 2021, pushing Bitcoin to its highest price since May.

Trump hosts crypto leaders, pushes Congress on Clarity Act

Trump hosted crypto executives at the White House, pushing the Senate to pass crypto's Clarity Act — while Bitcoin surged toward $70,000 the same day.

Citi to offer Bitcoin custody for big investors

The bank will let institutional clients hold Bitcoin the same way it already holds stocks and bonds, starting later this year.

Jane Street's Bitcoin ETF bet grows back to $1B

The Wall Street trading firm cut its Bitcoin ETF holdings 71% early this year, then rebuilt most of it by June.

SafePal breach exposes order data for 40,000 buyers

A flaw in the wallet maker's order-tracking system let attackers see other customers' names, addresses, and phone numbers for over a year.

JPMorgan cut Polymarket's banking ties, wants its IPO

JPMorgan cut banking ties with the prediction-market platform over regulatory worries, but still wants a role in its potential IPO, the FT reports.

Trezor's shipping partner breach exposes 14,000 buyers

A breach at Trezor's shipping partner leaked the names, emails, and addresses of nearly 14,000 crypto wallet buyers.

Tether gets its first-ever full audit, from KPMG

After years of skepticism about its reserves, the stablecoin giant got a clean bill of health from Big Four auditor KPMG.

Goldman Sachs buys into Bitcoin with $2.25B NEOS deal

The bank is acquiring NEOS Investments to gain a $1 billion Bitcoin income fund instead of building one itself.

Bitcoin removes Luke Dashjr as its BIP editor

Developers voted him out days after the fork he backed, BIP-110, collapsed with almost no support.

Bitcoin miner Riot leases power to AI for $9.1B

Bloomberg reports the mystery customer behind Riot's new Texas data center deal is Anthropic.

Bitcoin's BIP-110 fork stalls after just two blocks

The contentious Bitcoin upgrade needed majority miner support to succeed. It got 2.5%, and the new chain froze after two blocks.

Bitcoin's BIP-110 fork begins with almost no miner support

The contentious upgrade needs 55% of miners to lock in. It has about 2.5%, and some holders risk losing coins if they're not careful.

Crypto market maker Wintermute gets a Wall Street license

Wintermute registered as a US broker-dealer, letting the crypto trading firm trade stocks and ETFs directly for the first time.

Senate punts crypto's Clarity Act vote to September

Majority Leader John Thune confirmed the Senate won't vote on the crypto market-structure bill before its August recess.

Bitcoin's volunteer hackers find 85 flaws with AI help

After the Coldcard wallet theft, a volunteer team used AI to scan 390 Bitcoin projects and found 85 critical security bugs.

SpaceX's bitcoin stash lost $540 million last quarter

SpaceX's first earnings report as a public company revealed a $540 million paper loss on its Bitcoin, which it didn't sell.

Strategy, Bitcoin's biggest buyer, starts selling

After 5 weeks without a purchase, Strategy sold Bitcoin and stock to fund a preferred-stock buyback and grow its cash reserve.

Coldcard Bitcoin theft grows to $89M as cause found

A fourth wave of attacks hit old Coldcard wallets, and researchers now know exactly why the flaw existed.

Iran-linked exchange sent $676M to Binance

A Reuters probe found the Dubai exchange Shelbit moved Iran-linked funds toward Binance, evading years of sanctions.

Coldcard wallet bug drains $70M in Bitcoin, fix ships

A hidden randomness flaw let attackers predict Coldcard's 'random' wallet codes, and its maker thinks AI found the bug first.