Crypto

Crypto coverage across every StreamSage desk, filed under Crypto: Bitcoin, Ethereum, Altcoins, Stablecoins, DeFi, Exchanges, Networks, Tokenization Page 22.

• StablecoinX Restructures Defaulted SPAC Debt With Warrants

  StablecoinX pays $344,000 in cash to settle $6.879 million in defaulted notes, issuing warrants for 7.62 million potential shares.

• CryptoQuant calls Bitcoin in early bull phase but flags $83K barrier

  The 24% rally has turned major market indicators bullish, yet rising profit-taking poses a near-term risk.

• Solana network activity hits record 4.2 billion transactions

  CoinTelegraph reports Solana transaction volume reached a record 4.2 billion while SOL prices increased by 40%.

• Gold Hits Three-Month High as Bitcoin Crosses $80,000

  Spot gold reached $4,696.18 and Bitcoin hit $81,237 as a weaker dollar and Treasury buybacks supported demand.

• Bitcoin Gains 24% This Week as Broader Crypto Market Trails

  Decrypt reports Bitcoin's weekly gain outpaced the rest of the crypto market, increasing its dominance in total market value.

• Pendle pool trade triggers $36M Morpho liquidation

  A $9 million yield token purchase moved principal token prices, clearing looped positions on a Morpho market with no bad debt.

• Bitwise launches automated tokenized stock portfolios

  Bitwise’s new product allows non-U.S. users to replicate portfolios of Coinbase’s tokenized U.S. stocks while maintaining self-custody in their own wallets.

• 40 Fake Firefox Wallet Extensions Distribute Crypto-Stealing Malware

  The malicious add-ons impersonate OKX, Rabby and TronLink wallets to harvest user recovery phrases, according to Decrypt.

• Arcus launches pTokens to turn perp accounts into ERC-20s

  Arcus launched the pToken protocol on Robinhood Chain, offering tokens for BTC and HOOD with up to 3x leverage.

• 3% Token Move Triggers $36 Million in Ethereum DeFi Liquidations

  CoinDesk reports that a 3% price shift in a token resulted in $36 million in liquidated positions within Ethereum DeFi protocols.

• Bitcoin Extends Seven-Day Advance to 25%

  CoinDesk reports Bitcoin has gained roughly 25% over the past seven days.

• Solana ETFs post five straight days of growth

  CoinDesk reports the streak followed the biggest single-day inflows for Solana ETFs this year.

• Six straight days of inflows: Bitcoin ETFs pull $338M, cut YTD losses to $2.57B

  Bitcoin ETFs drew in $338 million on the latest session, capping a six-day run that totalled $2.26 billion.

• Bitcoin stalls near $80,000 while altcoins give back weekend gains

  Bitcoin touched $79,999.99 on Coinbase, one cent below $80,000, as total crypto market value declined.

• Solana treasury firm opposes faster disinflation to protect staking revenue

  A firm deriving 99.4% of its revenue from Solana staking is fighting to block a proposal that would reduce staker yields.

• Bitcoin Policy UK tells Parliament 40% of transfers blocked

  The group stated that 40% of bank-to-exchange transfers are being blocked in Britain, a figure reported by Bitcoin Magazine.

• Hyperliquid sets record high before $1.2 billion token unlock

  HYPE hit an all-time high of $83.27 on Sunday, ahead of an August 29 release worth 2.7% of the token's market cap.

• Zilliqa post-mortem attributes 683M ZIL theft to hardware wallet entropy flaw

  The post-mortem states 683.13 million ZIL was proven stolen and that a bulk scan omitted the four-signature floor.

• Strategy's STRC has not recovered its $100 par value

  The stock pays twice-monthly dividends on a $100 par value, but has traded below that level since falling from parity on May 15.

• Coinbase launches tokenized stocks on Base network

  The initial rollout covers Apple, Nvidia, Meta, and Alphabet shares, available to eligible investors outside the U.S.