Author: WebDesk

The Solana price may still be trading well below previous highs, but activity across the network has a different theme. While the token climbed from June’s low of $60 to around $73.15 in early August, several on-chain indicators suggest the ecosystem has continued gaining momentum even as the market remains cautious.Per data, the July has proved particularly active for the network, with revenue, stablecoin supply, and memecoin trading all moving higher.Solana Network Activity Keeps Building StrengthThe numbers paint a busy picture, with Solana applications generating $82.9 million in revenue during July, marking the highest monthly figure since February. At the…

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,…

Coinbase announced today, August 6, 2026 on X platform that the platform is diversifying beyond the cryptocurrency niche and in the UK, it is rolling out access to nearly 4,000 U.S.-listed stocks for eligible users, allowing them to trade equities alongside crypto in the same application. Beginning August 6th, the service will be rolled out in batches and will push trading 24 hours a day and five days a week. Users can fund transactions with either pounds or USDC. They can also buy fractional shares starting from 1 pound without commissions. This is a push for Coinbase’s “Everything Exchange” plan,…

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…

Timothy Morano Aug 06, 2026 10:52 Binance invests $300M a year in compliance to expand its financial super app, intercepting $10.53B in fraud since 2021 and recovering $8.2B for users. Binance, the world’s largest cryptocurrency exchange by trading volume, is doubling down on compliance as it pushes forward with its ambition to build a financial super app. The company disclosed that it invests $300 million annually in compliance operations, a figure significantly higher than what traditional financial institutions typically allocate. This effort supports the company’s broader strategy to integrate trading, payments, savings, and…

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…

Joerg Hiller Aug 06, 2026 09:19 HKMA announces tender of HK$1.5B 1-year HONIA-indexed floating rate notes under Infrastructure Bond Programme, set for Aug. 12, 2026. The Hong Kong Monetary Authority (HKMA) announced the tender of HK$1.5 billion in 1-year HONIA-indexed Floating Rate Notes, scheduled for Wednesday, August 12, 2026. These bonds, issued under the Infrastructure Bond Programme, will settle on August 13 and mature on August 13, 2027, carrying interest pegged to the Hong Kong Dollar Overnight Index Average (HONIA). HONIA serves as Hong Kong’s alternative reference rate, offering a near risk-free benchmark…

Luisa Crawford Aug 06, 2026 09:10 HKMA announces $1.75B tender for 5-year HKSAR bonds under Infrastructure Bond Programme, set for Aug 12 with a yield of 3.118%. The Hong Kong Monetary Authority (HKMA) has announced a tender for HK$1.75 billion worth of 5-year HKSAR institutional government bonds through a re-opening of issue 05GB3106001. The tender will take place on Wednesday, August 12, 2026, with settlement the following day, August 13. These bonds, issued under the Infrastructure Bond Programme, mature on June 25, 2031, and carry a 2.96% annual interest rate, payable semi-annually. The…