Latest Crypto News & Market Updates

A Too Big to Fail' Bank Is Now Delivering Actual Bitcoin and Ethereum to Institutions

Standard Chartered will now hand institutional clients real Bitcoin (BTC) and Ether (ETH) in the United Arab Emirates. Those clients receive the coins themselves, not a derivative that only tracks the price.　　The bank announced the desk on Thursday through its Dubai arm. Only 29 lenders worldwide carry the too big to fail label. Just one of them now delivers coins.　　Standard Chartereds Bitcoin Desk Sits Inside a Too Big to Fail Bank　　The Financial Stability Board names those 29 banks every year. Its 2025 list puts Standard Chartered in the lowest risk bucket, carrying a 1% capital surcharge.　　Sponsored　　Sponsored　　JPMorgan sits three tiers above it. Citigroup and HSBC sit two. Standard Chartered says no rival G-SIB offers the same deliverable spot service.　　The smallest of the systemic banks moved first, not the biggest. Deliverable may be the key word here, seeing as the client ends up holding Bitcoin. This means someone at the bank must move real coins and guard them.　　The appeal is the fee stream. The bank earns on the spread, the settlement and the custody, rather than losing that revenue to crypto exchanges.　　Why Dubai Got This Before New York　　Standard Chartered built the Dubai stack in pieces. Custody came first, in September 2024, with

09-04Industry

Bitcoin Blasts Past $81,000 as Trump Weighs Ending Iran War

Bitcoin (BTC) reclaimed $81,000 on Thursday as reports suggest the Iran war could be over. Reportedly, Donald Trumps inner circle is advising the president to declare the war officially over, as pressure over midterm elections grows. 　　Meanwhile, Fed Governor Christopher Waller signaled he could back a September rate hold, further exacerbating the Bitcoin rally.　　Bitcoin Price Breaks Out Massive Rally. Source: CoinGecko　　Sponsored　　Sponsored　　Bitcoin Rallies as Iran War Talk Shifts　　The Wall Street Journal reported the private talks on Thursday. Trump reportedly thinks economic pressure alone will force Tehran to concede.　　However, senior aides warned that more escalation could cost Republicans the November midterm elections.　　BREAKING: President Trump is having private discussions with senior aides about potentially declaring the Iran War over, per WSJ.　　Aides are reportedly advising President Trump that an escalation of the war beyond recent strikes could cost Republicans the midterm elections.　　— The Kobeissi Letter (@KobeissiLetter) September 3, 2026　　Bitcoin has traded this war closely, sliding below $77,000 on Tuesday after Trump confirmed fresh strikes near the Strait of Hormuz. So Thursdays bounce fits the pattern.　　The oil market, however, read the same day very differently. Brent crude rose toward $98 a barrel. That is a six-week high, not a peace trade.　　Sponsored　　Sponsored　　Bitcoin and Brent Crude Price

09-04Industry

WikiBit Exchange Exit Scam Risk Report #16 — Hibt: MSB “Sticker Compliance” + 3 Million Users, How Did a “Data Giant” Become a Withdrawal Black Hole?

Introduction: A “Split-Personality” Exchange With Impressive Data and Extremely Difficult Withdrawals　　In the previous 15 editions, we investigated a series of exchanges ranging from HashKey to OrangeX. For the 16th edition, we are looking at one of the most “split-personality” platforms in the crypto industry — Hibt.　　Its resume sounds almost like a crypto “humblebrag” masterpiece:“Registered in Canada in 2021”“Headquartered in Dubai, with operations across Japan, South Korea, and other regions”“Holding Canadian and U.S. MSB registrations”“470+ cryptocurrencies and 500+ trading pairs”“Ranked among the global top 50 exchanges on CoinMarketCap, with over $1 billion in 24-hour spot trading volume”“90% of assets stored in cold wallets”“200+ professional employees”“Serving more than 3 million users worldwide”　　At first glance, this sounds like a platform with the configuration of a top-10 global exchange.　　But on the other side:WikiBit rating: 6.06/10, labeled “No Effective Regulation”Trustpilot rating: 2.2/5, with users openly calling it a “SCAM”Some users report that withdrawal applications have remained under review for more than two months, with funds never returned　　So how did a “data giant” claiming billions in trading volume become a “withdrawal black hole” in users eyes？　　Today, we break it down layer by layer.1. Regulatory Compliance: An MSB Is a “Sticker,” Not a Real License　　Hibts “Compliance Package”

09-03Deep Dive

WikiBit Exchange Exit Scam Risk Ranking #15: OrangeX — Can Two “Compliance Stickers” (Czech VASP + US MSB) Cover Up a Screen Full of “SCAM” Allegations?

Introduction: An Exchange with “Schrödingers Compliance”　　In the previous 14 editions, we investigated a series of exchanges ranging from HashKey to Echobit. In this 15th edition, we take a deep dive into what appears to be a “compliance packaging expert” — OrangeX.　　On paper, OrangeX has an impressive résumé:“Czech VASP license + US MSB registration”“Completed $30 million in funding” ($10 million Series A + $20 million Series B)“Top 50 ranked on CoinMarketCap”“Over $1.5 billion in 24-hour trading volume”“Publicly verifiable Proof of Reserves (PoR)”　　Sounds like a rising star in the regulated crypto industry, right？　　But on the other side:The Seychelles Financial Services Authority (FSA) issued a public warning on October 15, 2025, stating that OrangeX “is not currently authorized” and “has not submitted any application”;Trustpilot gives OrangeX only 1.4/5, with users repeatedly calling it a “SCAM EXCHANGE”;WikiBits risk assessment shows “no confirmed regulation” and “questionable regulatory status”;Users have reported account freezes, blocked withdrawals, and being forced to sign agreements waiving their rights.　　So how can an exchange claiming to hold a “Czech VASP + US MSB dual compliance structure” be publicly questioned by the Seychelles FSA？　　Today, we will break it down layer by layer.1. Regulatory Compliance: Two “Compliance Stickers” Shattered by a Seychelles FSA Warning　　The

09-03Deep Dive

August's Crypto Market Winners Explode as September Danger Looms

While leading crypto assets like bitcoin, ethereum, solana, and several other top 20 contenders saw gains, massive spikes came from a slew of digital assets. The largest gain was a meme coin known as non-playable coin ($NPC), which is trading for $0.01650 and rising 206% over the last 30 days. The native cryptocurrency of the Helium Network, helium (HNT), surged by 188.70% in the same timeframe.　　$NPC, $PROM, $DOG, and $PUMP Join Augusts Breakout Pack　　In third place over the 30-day window, the coin associated with the Prometeus Network, prom ($PROM), was also a triple-digit gainer with a rise of 154.09%. This month saw the rise of another meme coin, issued on the Bitcoin blockchain, dog ($DOG), as it rose 96.65%. The meme coin launchpad platform Pump.funs native coin $PUMP jumped 96.15%, and the layer two (L2) coin stacks (STX) managed to rise 88.05%.　　$NPC/USD market via Kraken on Sept. 2, 2026. Image source: Tradingview.　　Alongside this action, Curve DAO the decentralized autonomous organization (DAO) that governs Curve Finance, saw its native coin CRV spike by 75.48%. This was followed by the digital asset mina protocol (MINA), which logged a 75.48% gain. Rounding out the top ten performers, crypto assets such as convex finance

09-03Exchange

Strategy keeps STRC at 12% as Saylor has seven days to salvage the $10 billion Bitcoin yield product as costs spiral

Michael Saylor has roughly one week to orchestrate STRCs return to its $100 par value by his informal Sept. 8 target, but the financial machinery required to close the final gap is running hot.　　Despite deploying $635.2 million on aggressive buybacks, Strategys preferred security continues to hover around $97. The company has simultaneously restarted its Bitcoin accumulation after a two-month freeze, signaling confidence that its balance sheet can absorb both demands.　　Yet, the path to par has morphed into a highly capital-intensive grind just as a wave of competing Bitcoin-linked yield products hits the market.　　Related Person Michael Saylor Executive Chairman · Strategy　　The coming days will test more than Saylors 70-trading-day timeline, a target calculated from STRCs latest recovery starting May 28. It will reveal how much more capital the firm is willing to deploy before relying on organic institutional demand to anchor the security.　　The final $3 is costing Strategy more　　The economics of the buyback campaign have deteriorated steadily as STRC climbs toward par, upending the companys initial strategy.　　Related Company Strategy Business intelligence software　　When Strategy began repurchasing STRC in July, management outlined a clear tapering framework: deploy more capital at deeper discounts to capture attractive economics, then scale back as the security approached

09-02Industry

261,555 Hyperliquid (HYPE) Deposited to Coinbase Prime: Are Institutions Selling？

Since Multicoin Capital transferred a significant amount of $HYPE to Coinbase Prime while the asset is trading near its recent highs, Hyperliquid is facing a potentially significant supply event. Over the course of the last 12 hours, Multicoin Capital deposited a total of 261,555 $HYPE, or roughly $21.7 million, to Coinbase Prime, according to on-chain data provided.　　Hyperliquid breaks the ceiling　　The transfers took place in three batches: 63,235 $HYPE, 101,144 $HYPE, and 97,176 $HYPE. The transactions stand out in particular because of the timing. After an incredible surge from roughly $57 in the second half of August, $HYPE is currently trading at $82.93. The token entered consolidation after recently reaching the $86–$87 range.　　$HYPE/USDT Chart by TradingView　　The likelihood that coins are being prepared for sale usually increases with large transfers to an exchange-related address. A Coinbase Prime deposit should not be taken as an executed market sale, though. Additionally, prime infrastructure can support OTC, settlement, and institutional custody.　　Sell-side liquidity surges　　Therefore, rather than being evidence that Multicoin has dumped $21.7 million worth of $HYPE, the transfers indicate increased potential sell-side liquidity. Institutional pressure on $HYPE is close to its peak. The movement is worthwhile to watch because of its technical structure. As buyers

09-02Exchange

Bitcoin hits $77,000 wall as the Fed gets trapped between weak jobs and $90 oil

Bitcoin fell below $77,000 as softer US labor data failed to dislodge expectations for another Federal Reserve rate increase.　　Related Asset Bitcoin #1 BTC · $76,687.58 24-hour change: down 1.19% 24H Down 1.19% 7D Down 2.16% 30D Up 22.12%　　Data from CryptoSlate shows the largest cryptocurrency traded around $76,985 as of press time after July job openings held at 7.3 million and hiring remained subdued.　　The release landed into a market already confronting $90 oil, rising Treasury yields and a Fed that has shifted sharply from discussing rate cuts to considering another hike.　　Data from CME FedWatch showed the probability of a September rate increase at 66%, up from about 60% following Fed Chair Kevin Warshs Aug. 28 Jackson Hole speech.　　Related Person Kevin Warsh Chairman · U.S. Federal Reserve　　JOLTS did not make markets more hawkish. Instead, the report failed to overturn an inflation-driven repricing already reinforced by higher energy prices and Treasury yields.　　The Bureau of Labor Statistics reported 5.1 million hires and 3.1 million quits in July, with both measures little changed from the previous month. June openings were revised down by 177,000 to 7.2 million, while earlier estimates for hires and quits were also lowered.　　The softer turnover arrived less than three weeks before

09-02Industry

Thai businessmen sue Tether for freezing $42M in $61M pig butchering case

Two Thai businessmen sued stablecoin issuer Tether in a New York district court, claiming it illegally froze $42.4 million in Tether USDt (USDT) in October, as part of a broader case tied to a pig butchering scheme.　　In a Monday court filing, the plaintiffs claimed that Tether illegally froze the $42 million without a warrant in October 2025, following an informal request from US Homeland Security Investigations.　　Authorities in the Eastern District of North Carolina only issued a seizure warrant for the funds later in February 2026, as part of a $61 million pig butchering case. The warrant directed the burn and reissuance of the tokens to a government wallet.　　While the plaintiffs didnt dispute their involvement in the investment scam, the lawsuit tests the freezing authority of stablecoin issuers. It also requests that authorities unfreeze the funds and pay potential punitive damages.　　“The complaint is NOT denying that the government claims these coins are scam proceeds. It is saying Tether locked secondary-market holders first, kept earning Treasury yield on the reserves, and only later received a warrant that still does not, in plaintiffs view, authorize a private issuer to freeze, burn, or reissue their tokens,” wrote corporate and intellectual property attorney Ariel Givner

09-02Industry

Ethereum slips toward $2,400: key ETH levels to watch if support breaks

Ethereum has fallen 2.3% over the past 24 hours to roughly $2,414, putting the $2,400 level under pressure as geopolitical tensions, higher Treasury yields and large whale transfers weigh on $ETH.　　CoinGecko puts $ETH at $2,414 at the time of writing, after the token fell from the $2,480 area and briefly traded below $2,400 during the past 24 hours.　　Ethereum is also down 2.1% over the past seven days, although it remains up 26.6% over 14 days and 29.6% over the past month.　　The latest decline has come as renewed fighting between the United States and Iran pushed investors away from risk assets.　　Brent crude moved above $95 per barrel as the conflict raised concerns that higher energy costs could keep inflation elevated.　　Bitcoin has fallen below $77,000 during the same risk-off move, while Solana, XRP and several other major cryptocurrencies have also traded lower.　　$ETHs decline therefore comes as part of a crypto market sell-off instead of an Ethereum-specific move.　　Pressure from the bond and currency markets has added to the decline. The US 10-year Treasury yield climbed to roughly 4.81%, its highest level since November 2023, while the dollar index reached its highest point since Aug. 17.　　According to Reuters, traders are pricing a roughly 68%

09-02Exchange

...

345347

...

1000