Author: WebDesk

A reported $3.58 million outflow from the Bitwise XRP ETF drew attention on Aug. 6 after social media accounts described the move as an unusual sale by the asset manager.  Summary Bitwise’s XRP ETF reportedly recorded $3.58 million in net redemptions during Wednesday’s U.S. trading session. Official Bitwise data showed 293.9 million XRP held by the trust through August 4, 2026. ETF outflows reflect shareholder redemptions and do not establish a discretionary bearish decision by Bitwise. The trust may distribute XRP in kind or sell tokens to satisfy cash redemption orders. XRP traded near $1.07, remaining roughly 70% below its…

The Kospi lost 4.5% to 6,306.40 on Thursday, Aug. 6, 2026, marking a sharp session decline for Seoul equities (AP).SK Hynix was down 9.7% after dropping ahead of the open in Seoul, while Samsung Electronics lost 6.1% in the same rout, concentrating the damage in large-cap chip names (AP).Market commentary linked the Asia chip selloff to profit-taking and risk reduction before the U.S. nonfarm payrolls report, according to Stephen Innes of SPI Asset Management (AP).Data SnapshotMetricCurrentPreviousChangePeriodAs ofSourceKOSPI index (close)6,306.40—lost 4.5%session (Thurs., Aug. 6, 2026)2026-08-06Associated PressSK Hynix share movementdown 9.7%—down 9.7%after dropping ahead of the open in Seoul (Thurs., Aug. 6,…

The Coldcard hackers are cashing out. One week after the biggest hardware wallet exploit in crypto history, the stolen coins have started moving. Roughly 64 BTC, worth $4.17 million, and 200 ETH, worth around $380,000, flowed into cryptocurrency mixing protocols this week, according to blockchain security firm CertiK.We covered the initial breach in our Coldcard wallet hack breakdown, back when the damage looked like $38 million. That number aged badly. Fast. Today, the estimated losses sit closer to $130 million, and the laundering phase has officially begun.Let’s follow the money.Coldcard Hackers Turn to Wasabi and Tornado CashOn Tuesday, one attacker…

Shiba Inu fell a leg further on Thursday, slipping to a low of $0.0000054 on the charts. The dog-themed token has been reaching new lows each month, and August is no different. The entire meme currency ecosystem is on a ventilator, struggling to breathe and survive in the financial sector. If the trend continues, the day won’t be too far when the sector’s obituary is written. People who have invested big in SHIB risk losing it all, while those who bought small amounts of tokens will be able to digest the loss.Also Read: Shiba Inu’s Biggest Strength Is Not Meme…

Key TakeawaysWorld Chain is deploying streamed EIP-7928 block access lists every 200 ms for parallel checks.The technology targets 1 gigagas/sec throughput on World Chain without raising validator hardware costs.The feature goes live on World Chain Mainnet Aug. 17 via a runtime flag ahead of Ethereum’s upgrade. Tackling the Decentralization Dilemma World Chain says it will introduce full block access lists on Aug. 17, becoming the “first” production layer‑2 (L2) network to stream EIP‑7928 access‑list data inside every flashblock. The rollout marks a significant step in efforts to scale blockchain throughput without increasing hardware demands on independent validators. According to a…

A single line of firmware shipped in March 2021 told every Coldcard hardware wallet to skip its dedicated randomness chip. For five years nobody noticed. Then an attacker brute-forced the weak seeds in 41 minutes, draining 1,816 BTC from more than 5,200 addresses across four attack waves. The incident is the largest hardware wallet exploit in crypto history, and it is forcing the entire bitcoin self-custody model to answer a question it has avoided since inception: who audits the code that generates your keys? Summary A build configuration error in Coldcard firmware version 4.0.1, shipped in March 2021, routed seed…

Ask anyone who has actually used crypto and they will tell you the appeal was never speculation but settlement: value that moves in seconds, at any hour, with no card number typed in and no three-day wait. For most of the last decade that experience stopped at the wallet. In 2026 it no longer does. Between open banking and a hard EU mandate on instant transfers, ordinary bank money in the euro area now moves much the way on-chain value does, and Finland is one of the cleanest places to watch the shift happen.The account-to-account (A2A) rails behind that change…

Ripple’s native token XRP is close to falling below the $1 level as it traded at a day’s low of $1.04 on Thursday. The leading altcoin has been on a relentless decline for over a year, shedding 65% of its value since 2025. Traders who took an entry position during the bull run in late 2024 and early 2025 are all at a loss. The entire altcoin market, including Cardano’s ADA, among others, is facing similar corrections. Only Solana and Binance Coin have been able to sustain themselves in the charts.Also Read: XRP at a Crossroads: Sell Everything Now or…

Solana validators are moving closer to advancing a governance proposal that could significantly reshape the network’s tokenomics by dramatically increasing the amount of SOL permanently removed from circulation while accelerating the reduction of new token issuance.The proposal, SGP-0003, combines two previously introduced Solana Improvement Documents (SIMDs) into a single governance package designed to tighten SOL’s supply. If approved, it would increase daily token burns by more than tenfold while speeding up Solana’s path toward lower inflation, potentially strengthening the long-term supply dynamics of the blockchain’s native asset.The proposal is currently in its signaling phase and has already attracted support from…

Dogecoin (DOGE) has come a long way in its near 13-year history. The original memecoin was launched a joke, but has since become a major cryptocurrency project. Shiba Inu (SHIB), on the other hand, was launched as a rival to Dogecoin (DOGE), and was labeled as the “Dogecoin killer.” The two memecoins had a few years of intense rivalry, but the competition seems to have fizzled out. Let’s discuss if the DOGE vs. SHIB debate is finally over.Is The Competition Between Dogecoin and Shiba Inu Over?Source: BitcoinistShiba Inu (SHIB) had an incredible launch in 2020. The asset’s price rallied by…