Crypto

Crypto coverage across every StreamSage desk, filed under Crypto: Bitcoin, Ethereum, Altcoins, Stablecoins, DeFi, Exchanges, Networks, Tokenization Page 27.

• BitMart founder rejects audit calls as users report blocked funds

  BitMart's founder dismissed requests for an audit after users reported inaccessible assets and staff reported unpaid wages, according to CoinDesk.

• Treasury Seeks Comment on GENIUS Act Stablecoin Rules

  The agency asked stakeholders for input on licensing requirements and definitional terms as it works toward a January 2027 effective date.

• ABFinance, founded by former ByBit CEO Helen Liu, shuts down

  ABFinance is the fourth US-based crypto exchange to close within a six-week period, according to reports from Protos.

• SafePal breach exposed records of 39,798 buyers

  A flaw in an order-tracking plug-in leaked names, phone numbers and shipping addresses over 14 months.

• Strategy pauses Bitcoin sales, raises $334M via MSTR stock

  Strategy sold 3.46 million MSTR shares to fund dividends and buybacks, leaving its 840,447 BTC stack unchanged.

• Harmony proposes rollback wiping 109,000 ONE transactions

  CoinTelegraph reports the plan follows an exploit and cites chain state consistency concerns.

• Cardano faces governance freeze risk as four committee seats expire

  Enactment is barred before epoch 653, leaving roughly two weeks to avoid a freeze as four committee seats are set to expire.

• HIVE signs $350M AI cloud contract through BUZZ HPC

  The five-year deal adds about $70M in annualized revenue and requires $185M in capital expenditure to build a 2,016-GPU cluster.

• Binance shared user data with Russia leading to arrest

  Russian prosecutors cited Binance-provided records in a case against an IT specialist charged with financing terrorism for donations exceeding $700 to Ukrainian groups.

• Bitcoin futures open interest hits $48B as volume lags at $25B

  CoinDesk reports the liquidity mismatch leaves fewer resting bids below $63,500, raising the risk of volatile price swings.

• 54,000 Trezor and SafePal Wallet Users Hit by Data Leak

  CoinTelegraph reports the breach exposes 54,000 wallet owners to phishing risks, while CLARITY Act passage odds remain at 10% despite a White House meeting.

• Greenlane's $70M altcoin treasury drops 77% as Nasdaq delisting risk looms

  Greenlane's BERA holdings lost $53.8 million in value in Q2, leaving the company well below a stayed Nasdaq listing standard.

• White House to Meet Crypto and Prediction Market CEOs

  Coinbase, Gemini, Kalshi, Polymarket, Ripple, and Robinhood executives meet administration officials Aug. 19-20 amid a stalled Senate bill.

• Slowing ETF demand and treasury selling challenge ARK's $16T Bitcoin target

  US spot-Bitcoin ETFs drew $172.8 million in July while Strategy sold 3,588 BTC, complicating ARK's 2030 valuation model.

• Oxbridge supplied 95% of SurancePlus tokenized reinsurance raise

  SurancePlus raised $781,767 through T20 and T42 placements, with third-party investors contributing only $37,143.

• SafePal confirms data breach exposed data for 40,000 users

  The wallet provider found the root cause in August after customers reported phishing attempts online as early as July.

• Crypto startups raise $11.2 billion in first half of 2026

  NeosLegal tracked 377 financing rounds, all directed at regulated, permissioned businesses rather than permissionless projects.

• $16.3B Bitcoin ETF positions split into four patterns in Q2 13F filings

  CryptoSlate tracked $16.3B in Bitcoin ETF positions ahead of the Q2 deadline, finding sovereigns held steady while JPMorgan added and UBS shifted options.

• Raman calls Wall Street's private blockchain push a race to the bottom

  Etherealize CEO Vivek Raman warned that the current wave of permissioned consortium chains risks recreating siloed systems that undermine blockchain interoperability and liquidity.

• Gemini Q2 revenue hits $45.5M as exchange trading drops 66%

  Gemini's credit-card revenue grew to $16.2M, but spot trading volume fell to $3.8B and the adjusted EBITDA loss widened to $74M.