Latest Crypto News & Market Updates

Dutch prosecutors sell Knakens seized crypto for €2.2M after exchange goes bankrupt

Dutch prosecutors have sold cryptocurrency seized from bankrupt trading platform Knaken for €2.2 million ($2.5 million), leaving the proceeds as the only money currently available in an estate facing customer claims estimated at €10 million to €12 million.　　Dutch regional broadcaster Rijnmond reported that court-appointed trustee Carl Hamm has contacted about 6,300 former customers and warned them to temper expectations as he works through the failed platforms finances.　　The sale follows Knakens July bankruptcy, which crypto.news previously reported was ordered by a Rotterdam court on July 16 after the Dutch Public Prosecution Service sought to have the company wound up in the public interest. Prosecutors had alleged that roughly €7 million in customer funds could not be accounted for, while the court found the company did not have enough assets to repay users in full.　　Knaken had already stopped operating in early June, cutting customers off from the app through which they had bought, traded and stored cryptocurrency.　　Knaken customers face a large gap between claims and available cash　　Hamm estimated that customers put between €10 million and €12 million into Knaken, compared with the €2.2 million now held by the bankruptcy estate following the crypto sale.　　Explaining how customer positions were structured, the trustee said

08-17Industry

Shiba Inu Alert: Fake Migration Scams Target Shibarium Users

Shiba Inu users have received a fresh warning as fake token migration narratives emerge in the community.　　In this regard, longtime Shiba Inu community member and Shiba Eternity game advisor Mazrael stated in an X post that scammers have been promoting fake migration information through Telegram channels.　　Mazrael claimed that an account identified as someonesmart has been promoting a Telegram group connected to fake migration claims. The individual, obviously a scammer, posted their Telegram group details in the Bone ShibaSwap Telegram group after sharing it on the Shibarium Telegram group.　　“someonesmart has now also put their TG with a fake migration they put on the ShibariumTech TG in the Bone ShibaSwap TG (after muting our official channels and banning devs in the TG),” Mazrael wrote. “They have nothing to do with ShibaSwap or Shibarium,” he added.　　In this light, Shiba Inu users are urged to use legitimate tokens in the Shiba Inu ecosystem, including SHIB, BONE, LEASH, and TREAT, as well as official channels.　　Track Market Trends　　Mazrael reiterates that “No migration is taking place,” adding, “If you want to stake your BONE on Shibarium or use your real tokens on ShibaSwap, you use the real tokens.”　　Those staking BONE on Shibarium should not be persuaded to

08-17Industry

Bitcoin tracks equity bounce, but $390 million ETF outflow week keeps bulls on back foot

SummaryU.S. spot bitcoin ETFs recorded four days of outflows last week, shedding a net $390 million, their largest weekly withdrawal in six weeks. Solana ETFs bucked the trend with their strongest weekly inflows since May.Galaxy Digitals head of research, Alex Thorn, cut his odds on the Clarity Act becoming law in 2026 to roughly 10%, down from 75% in May.Bitcoin has rising 0.77% since midnight UTC, while Nasdaq 100 index futures have gained 0.5% to their highest level since July 2.CoinMarketCaps Fear and Greed index sits at 38/100, a “fear” reading, and the Altcoin Season Index is at 46, showing altcoin strength recovering from the Aug. 7 low of 36.　　Bitcoin steadied above $63,000 on Monday, clawing back a fraction of last weeks losses with a 0.8% gain since midnight UTC.　　Without an obvious catalyst, the largest cryptocurrency appears to be tracking U.S. equities. Nasdaq 100 index futures are up 0.5% to their highest point since July 2.　　Any positive reading will need to take into account last weeks net $390 million outflow from spot exchange-traded funds, including the first three-day stretch since the end of July. That was the largest weekly withdrawal from U.S. spot bitcoin products in six weeks.　　Ether ETFs flows

08-17Industry

Harmony plans chain rollback as forged ONE spreads across network

Harmony has proposed rolling back its blockchain to two Aug. 11 checkpoints, a recovery plan that would discard more than 109,000 regular transactions as the network removes ONE created through a forged mint.　　SummaryHarmony plans to roll back its blockchain to two checkpoints from Aug. 11 following a forged ONE mint.More than 109,000 regular transactions and 315 staking transactions would be discarded under the recovery plan.One forged mint wallet moved 2.385 trillion ONE through 477 successful transfers in 106 seconds.Harmony said exchanges, bridges and law enforcement are assisting with the investigation.　　According to Harmonys latest incident update on X, validators would retain shard 0 block 92,730,034 and shard 1 block 94,978,278, both recorded at 11:25:37 p.m. UTC on Aug. 11, before restarting the network from replacement databases built around those checkpoints.　　https://t.co/EKDqnqTuDk　　— Harmony ???? (@harmonyprotocol) August 17, 2026　　Under the plan, new blocks would begin at heights 92,730,035 on shard 0 and 94,978,279 on shard 1. Harmony said client version v2026.1.2 has been configured to reject the abnormal block hashes linked to the incident, preventing validators from accepting the affected chain history after the restart.　　The first confirmed forged mint reached shard 0 at block 92,730,036, according to the network. Block 92,730,035 contained no regular

08-17Industry

Paul Tudor Jones' Firm Buys Back Into BlackRock Bitcoin ETF After a Year of Selling

In briefTudor Investment increased its stake in BlackRocks IBIT to 688,529 shares (~$22.9 million) as of June 30, an 18.9% jump from the prior quarter, reversing a year of selling, per its latest 13F filing.The firm also cut its reported IBIT call options by about 85% while keeping puts roughly flat, suggesting a move from leveraged positions toward straightforward spot exposure—though the stake remains far below its late-2024 peak of over 8 million shares.The buying, from a longtime Bitcoin-as-inflation-hedge advocate, lands amid renewed institutional ETF interest.　　Tudor Investment, the macro hedge fund founded by billionaire Paul Tudor Jones, added to its stake in BlackRocks spot Bitcoin ETF last quarter, reversing a year-long stretch of selling.　　The Connecticut firm held 688,529 shares of the iShares Bitcoin Trust, or IBIT, valued at about $22.9 million as of June 30, according to a 13F filing submitted to the Securities and Exchange Commission on Aug. 14.　　Myriad: Bitcoins next move？ Click to make your prediction.　　That marks an 18.9% jump from the 579,083 shares it reported at the end of March, a net addition of 109,446 shares.　　The increase is modest in the context of Tudors roughly $100 billion-plus in assets, amounting to a fraction of a percent of

08-17Industry

Bitcoin miner HIVE inks five-year $350 million AI cloud contract, adds $70 million in annualized revenue

Quick TakeHIVEs BUZZ HPC signed a five-year, $350 million GPU cloud agreement with an unnamed investment-grade enterprise customer.The deal adds roughly $70 million in annualized revenue and is HIVEs second large GPU cluster deal in two months.　　Bitcoin miner HIVE Digital Technologies (HIVE) has signed a five-year GPU cloud services agreement worth about $350 million through its BUZZ High Performance Computing subsidiary, expanding its AI business with a second big deal in two months.　　HIVE did not name the counterparty, describing it only as an investment-grade enterprise customer.　　The contract adds roughly $70 million in annualized revenue and brings BUZZ HPCs total annualized revenue to about $180 million, split between $35 million realized today and $145 million contracted to come online through the fourth quarter of 2026, HIVE said.　　BUZZ HPC will build a dedicated cluster of 2,016 NVIDIA Blackwell Ultra GPUs in GB300 NVL72 rack-scale systems, wired with Quantum-X800 InfiniBand networking and VAST Data storage, based on NVIDIAs reference architecture.　　The system is expected to go live later this year at the Bell AI Fabric facility in Merritt, British Columbia, which runs on renewable hydroelectric power and closed-loop liquid cooling.　　Capital expenditure for the deployment is about $185 million. The buildout is supported by a

08-17Industry

Solana (SOL) Records 100% Increase in Volume: Possibilities of Price Retrace

Solanas price is essentially unchanged despite a significant increase in derivatives activity, which could lead to a much more volatile next move. The volume of SOL futures has more than doubled over the past day on a number of major exchanges, but the positioning data that goes along with it suggests that there may be another price decline.　　Solana gains more fat　　Binance reported a 24-hour SOL futures volume of about $890 million, up 144.8%. Bybit added 108.6 percent, while OKXs volume rose by 146.1%. Increases of about 154%, 210%, and 168%, respectively, were seen on Gate, Bitget, and Hyperliquid.　　SOL/USDT Chart by TradingView　　However, SOLs 24-hour performance is essentially flat and it is still close to $75.30. The discrepancy suggests that increased trading activity has not resulted in strong directional demand. Additionally, positioning has a strong long bias. Whereas OKX reports 2.42, the Binance account long/short ratio is roughly 2.43.　　At 2.71, Binances top-trader account ratio is even higher. Although this positioning does not guarantee a decline, it makes SOL more vulnerable to liquidation in the event that it loses support. Liquidation data already show that risk. About $6.07 million in SOL positions, including $4.60 million in longs and $1.47 million in shorts, were

08-17Industry

Bybit adds Unitree, Moonshot AI to pre-IPO perpetuals lineup

Dubai-based crypto exchange crypto exchange Bybit has launched pre-IPO perpetual contracts tied to Chinese robotics firm Unitree and artificial intelligence startup Moonshot AI, expanding its push into private-market trading.　　The USDT-denominated and settled contracts give traders price exposure without ownership of the underlying shares. Bybit said its TradFi perpetuals lineup has grown to more than 200 products since launching in April, spanning equities, ETFs, commodities, indices and pre-IPO companies.　　Unitree received approval from China‘s securities regulator in July for an initial public offering on Shanghai’s STAR Market. The perpetual gives traders exposure to the robotics company before its shares begin trading publicly.　　The launch follows a broader push by crypto exchanges into private-market products. Binance, Coinbase, Kraken and others rolled out SpaceX-linked contracts ahead of the companys June listing, offering pre-IPO exposure through crypto-native derivatives.　　The private-market push comes as onchain equities are gaining traction. RWA.xyz data shows tokenized stocks have reached $2.38 billion in distributed value and 1.31 million holders, with the latter up 123.62% over the past 30 days.Tokenized stocks. Source: RWA.xyz

08-17Industry

Bitpanda fined in Austrias first published MiCA penalty

Austria‘s financial regulator has fined crypto platform Bitpanda 70,000 euros ($82,000) for violating the European Union’s Markets in Crypto-Assets Regulation, in the watchdogs first published final penalty under MiCA.　　The Austrian Financial Market Authority (FMA) said Friday that Bitpanda failed to submit a crypto-asset white paper to the regulator at least 20 working days before its publication, as required under MiCA.　　Bitpanda also distributed a marketing communication before publishing the required white paper, according to the regulator.　　The FMA said another marketing communication omitted mandatory disclosures stating that it had not been reviewed or approved by a competent authority and that the crypto-asset provider was solely responsible for its contents. It also lacked a required telephone number and email address.　　The proceedings were concluded under an expedited procedure, and the penalty decision is final.　　Cointelegraph contacted Bitpanda for comment but did not immediately receive a response.　　MiCA established a harmonized regulatory framework for crypto assets across the EU, including disclosure, marketing and authorization requirements for crypto companies.

08-17Industry

Dutch Prosecutors Sell $2.5M of Crypto From Bankrupt Platform Knaken

In briefDutch prosecutors have sold the cryptocurrency seized from Knaken, a collapsed Dutch crypto platform, raising $2.5 million (€2.2 million) for creditors.The trustee estimates customers put in $12 million to $14 million, and says the sale proceeds are currently the only money in the estate.A lawyer for one affected customer has questioned whether prosecutors were entitled to sell the holdings at all.　　The Dutch Public Prosecution Service has sold the cryptocurrency it seized from Knaken, raising $2.5 million (€2.2 million) toward paying the collapsed platforms creditors, according to court-appointed trustee Carl Hamm.　　Knaken let customers in the Netherlands buy, trade and store cryptocurrency through an app, operating without the license the countrys markets regulator requires. It went offline in early June, and a Rotterdam court declared it bankrupt on July 16 after prosecutors sought the winding-up in the public interest.　　Hamm estimates customers put in $12 million to $14 million (€10 million to €12 million), and told local broadcaster Rijnmond the sale proceeds are currently the only money in the bankruptcy estate. He has written to about 6,300 customers telling them to temper expectations.　　The gap has a structural explanation, since a customer putting €100 into Bitcoin paid Knaken €1 in fees and Knaken

08-17Industry

...

400402

...

1000