24/7 Blockchain industry dynamics and breaking crypto news
Harmony has suspended its cross-chain bridge service following a security incident on August 12. A patch has been released for validator upgrades to prevent further exploits. An update addressing already minted tokens is forthcoming.
Read MoreFlight tracking service FlightAware sued prediction market Kalshi for alleged data misuse, only to withdraw the lawsuit within 24 hours. The rapid legal reversal highlights growing tensions between data ownership and commercial innovation in travel technology.
Read MoreHTX's July report highlights record-breaking daily trading volume in its Traditional Finance section, surging over 10x from June. The platform added 56 new assets, focusing on AI and semiconductors, while optimizing trading mechanisms. Cumulative trading volume reached approximately $2.5 billion.
Read MoreA major crypto platform now offers tokenized derivatives tracking 1500+ US stocks and ETFs to European users. With $1 minimums and 24/7 trading, these products provide price exposure without ownership, accelerating the convergence of traditional and crypto finance.
Read MoreA consortium including Tencent, ZhenFund, and Sequoia China has repurchased Manus shares from Meta for approximately $20 billion. Tencent emerges as the largest shareholder as Manus prepares to resume independent operations, with a user data backup deadline set for August 23.
Read MoreArkham data reveals sustained institutional buying pressure for HYPE. Bitwise's dedicated ETF product has accumulated over $5 million worth of HYPE tokens in the past week alone, with no recorded sell-offs since August, signaling strong institutional conviction.
Read MoreSingapore's state investor Temasek is reportedly considering direct investments in Korean chip giants Samsung Electronics and SK Hynix, sending their shares surging over 8% and boosting the broader market. The move signals strong global confidence in Korea's semiconductor sector.
Read MoreFederal Reserve official Susan Collins warns that persistent inflation is severely impacting low- and middle-income households. While she previously supported holding rates steady, she indicated readiness to back a rate hike as early as September if upcoming economic data warrants stronger action to curb inflation.
Read MoreJapanese listed company Metaplanet transferred 3,881 BTC worth $247 million in 3 hours. Holding 43,000 BTC at an average cost of $96,191 per coin, the firm now faces an unrealized loss of approximately $1.4 billion, representing a 34% decline. This move highlights the volatility risks in corporate crypto investments.
Read MoreThe Harmony blockchain protocol is investigating a potential exploit where ~4 billion ONE tokens were minted via a vulnerability, representing 26% of supply. A portion was dumped on exchanges, crashing the price. The team is working to freeze funds and evaluate solutions.
Read MoreWeekly trading volume on prediction market Polymarket has plunged 56% from June's peak, with competitor Kalshi down 25%. The decline reflects a lack of major sports or political events to drive activity, leaving markets searching for new catalysts.
Read MoreKey midday developments highlight regulatory actions and institutional moves. Bitwise cut 14% of staff, while SEC and CFTC sued a $400M crypto Ponzi scheme. CME set October launch for hashrate futures, as MetaPlanet and Hut8 moved nearly 2000 BTC. Korea plans stricter leveraged ETF rules, with SEC signaling major crypto policy announcements ahead.
Read MoreA leading staking rewards platform has rolled out a significant upgrade: instant withdrawals. Utilizing a dedicated buffer system, the vast majority of user withdrawals for earned ETH or USD can now be processed and completed within seconds, greatly enhancing liquidity and user experience.
Read MoreBinance has announced it will list the tokenized GameStop stock (GMEB) for trading on August 12, 2026, and simultaneously activate its spot algorithmic trading bot service for the new asset. This move expands the exchange's offerings in tokenized traditional securities.
Read MoreOn August 12th, blockchain data revealed significant Bitcoin transfers by a major Japanese BTC reserve company and a leading mining firm. A combined 1,966 BTC, valued at approximately $125 million, was moved within hours, sparking intense speculation within the crypto community regarding the motives behind these large-scale transactions.
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