A proposed Aave governance initiative would wind down multiple Aave V3 lending deployments on six blockchains and retire a large set of low-usage token listings. The plan, advanced through the protocol’s ARFC process, targets a cleanup covering $98.1 million in supplied assets and $15.6 million in outstanding debt, based on balances recorded on July 28. According to LlamaRisk, which worked with Aave service providers on the assessment, the proposal recommends offboarding 50 low-use reserves and retiring 21 matured Pendle principal token listings across 11 deployments. It also calls for retiring all 25 reserves on Sonic, Scroll, zkSync, Metis, Soneium, and Aptos. Key takeaways The ARFC would deprecate Aave V3 markets on Sonic, Scroll, zkSync, Metis, Soneium, and Aptos, alongside removing 50 low-use reserves and 21 matured Pendle principal token listings. The scope is tied to on-chain balances measured July 28, with $98.1 million supplied and $15.6 million in debt included in the cle...

SBI Holdings has reaffirmed its commitment to Ripple despite weaker XRP prices and slower cryptocurrency activity. The Japanese financial group values its Ripple shareholding at ¥6.6 trillion, equal to about $41.2 billion. Meanwhile, SBI delivered record first-quarter earnings and continued expanding its digital asset operations. SBI Holdings Maintains Its Ripple Investment SBI disclosed the updated Ripple valuation during its first-quarter earnings presentation. The company stressed that its Ripple shareholding remains highly valuable despite the current weakness in the cryptocurrency market. Therefore, SBI continues to treat Ripple as a major strategic asset within its broader financial portfolio. The group has maintained a long relationship with Ripple and has supported XRP-based payment services. SBI has also promoted blockchain settlement systems through its financial subsidiaries and regional partnerships. Consequently, its latest statement reinforces the group’s long-term focus ...

AMLBot, a crypto compliance and forensics firm, has introduced “AI Tracer,” a new self-service blockchain analysis tool designed to help users follow funds across networks starting from a single transaction hash. The company positions the product as a way to reduce reliance on specialist tracing software and deep internal expertise when investigating how crypto moves on-chain. In an announcement shared with Cointelegraph, AMLBot says AI Tracer automatically builds a transaction graph, follows movements of funds through intermediate wallets, and attempts to map the journey toward the endpoint addresses the funds ultimately reach. As it walks the trail, the tool matches wallet activity against known entity labels such as exchanges, related services, and flagged addresses. Key takeaways AI Tracer is a self-service tracing tool that begins with a transaction hash and maps visible fund movements across supported blockchains. The tool is designed to follow cross-chain transfers through b...

US Treasury yields have been rising for months, and the market’s latest move has pushed 30-year rates to their highest level since 2007. While mainstream coverage has largely pinned the sell-off on inflation concerns tied to higher energy prices, analysis of inflation-protected bonds suggests the more important driver is the climb in real yields—an outcome that can be especially challenging for assets that don’t pay investors along the way, including Bitcoin. The shift is also changing the trade-offs between traditional fixed-income strategies and crypto exposure. According to Glassnode’s latest research, government bond investments have become more profitable than certain cash-and-carry style trades in crypto markets for the first time since 2019. Key takeaways 30-year Treasury yields have surged to the highest levels since 2007 amid a multi-month sell-off in government debt. Market pricing for a September rate hike is elevated, with CME FedWatch placing the probability at 63%. ...

Bitcoin slipped Friday and tested its weakest levels in more than two weeks as market participants pushed risk assets toward the end of the monthly trading window. According to TradingView data, BTC/USD dropped about 3.5% to trade near $62,369 on Bitstamp, a price zone last seen on July 14. While crypto did not seem to receive the same tailwind as parts of Asia’s equity rebound, the day’s macro cross-currents were hard to ignore. QCP Capital pointed to the outsized role of semiconductor and AI-related exposures in driving swings across regional markets—an environment that appears to be feeding back into crypto liquidity and positioning. Key takeaways BTC/USD fell roughly 3.5% to around $62,369 on Bitstamp, the lowest level in over two weeks. US stocks weakened around the monthly close, contrasting with Asia’s rally—especially South Korea’s KOSPI. QCP Capital linked crypto activity to the relationship between equity positioning, regional tech sentiment, and crypto liquidity. Ana...

Japan’s central bank kept interest rates unchanged at 1.0% on Friday, according to a Bank of Japan (BoJ) statement issued after its policy decision. The meeting outcome landed in line with market expectations, even as the yen had just swung sharply following reports of intervention. The BoJ’s decision came shortly after the Japanese currency strengthened quickly against the US dollar—moving up as much as 3.5% overnight, based on TradingView data—an advance many traders linked to coordinated or related foreign-exchange actions involving the yen. With Japan also flagging inflation pressures later in the year, investors are now watching how currency policy, yields, and global risk appetite intersect for crypto markets. Key takeaways The BoJ held the uncollateralized overnight call rate at around 1.0% after an outcome supported by eight of nine Policy Board members. Recent yen volatility reportedly coincided with currency intervention activity involving Japan and South Korea, as the JP...

AMLBot, a crypto compliance and forensics company, has introduced AI Tracer—an automated, self-service blockchain analysis tool that follows the trail of funds from a given transaction hash across multiple networks. The company positions AI Tracer as a way to reduce the reliance on specialist tracing software and deep internal expertise, enabling users to map visible movement on-chain from a starting transaction through intermediate wallets to the eventual endpoint. Key takeaways AI Tracer is built to trace fund movements from a transaction hash across supported blockchains. It can follow cross-chain transfers through bridges and handle flows where assets are split across multiple wallets. Reports rely on matching known entity labels (such as exchanges and flagged addresses) but are not a substitute for legal or audit processes. The tool offers free checks and paid plans with higher limits on the number of automated analyses. Initial support covers major networks including Bi...

New York has filed a lawsuit against prediction market platform Kalshi, arguing the company operates an illegal, unlicensed gambling business in the state by offering contracts tied to outcomes such as sports events and elections. The case seeks to halt Kalshi’s alleged activity, recover money described as illegal gains, and impose civil penalties. New York Attorney General Letitia James said in a statement that “no matter what they call themselves, prediction markets like Kalshi are gambling platforms, plain and simple,” adding that the state is acting to enforce its laws and protect residents. The complaint also follows regulatory action by the New York State Gaming Commission, which previously issued a cease-and-desist order. Key takeaways New York is suing Kalshi to stop what it characterizes as unlicensed gambling conducted through “event contracts” tied to outcomes including elections and sports. The lawsuit seeks forfeiture of alleged illegal gains, restitution to users, and...

Ken Griffin’s Citadel has reportedly stepped in to buy a large portion of the publicly traded stock portfolio of Situational Awareness, the hedge fund run by former OpenAI researcher Leopold Aschenbrenner. The deal comes after steep losses tied to last month’s broad selloff in AI-linked equities. According to the Financial Times, Citadel purchased the discounted portfolio after Situational’s performance deteriorated in July’s AI stock rout. Earlier reporting from The Wall Street Journal indicated Situational fell about 67% during July, even as it was still up roughly 80% for the year at the time of a letter sent to investors. Key takeaways Citadel reportedly bought much of Situational Awareness’s publicly traded equity portfolio after major July losses in AI-linked stocks. Reports cite liquidity pressure, including the need to handle lender margin calls, though Reuters could not confirm whether formal margin calls were issued before certain share sales. SEC filings show Situation...

New York has filed a lawsuit against prediction market platform Kalshi, accusing the company of running an illegal, unlicensed gambling operation in the state. The case centers on Kalshi’s event contracts tied to outcomes such as sports results and elections. In its filing, New York seeks an order stopping Kalshi’s alleged gambling activity, along with forfeiture of “illegal gains,” restitution to users, and civil penalties reportedly set at three times the amount of those gains. Attorney General Letitia James said prediction markets like Kalshi are gambling “plain and simple,” adding that the state is acting to enforce its laws and protect residents. Key takeaways New York is pursuing injunctive relief and financial remedies against Kalshi, framing event contracts as unlicensed gambling. The lawsuit follows a cease-and-desist order from the New York State Gaming Commission issued in October 2025. Kalshi has challenged the regulator in federal court, but a judge denied its bid fo...

Real-world asset (RWA) perpetual futures are starting to look less like a side experiment and more like a meaningful part of crypto derivatives. Data shared by Talos indicates that, over the past week, trading volume in RWA-linked perpetuals on major venues came close to Bitcoin perpetuals—an outcome that underscores how quickly tokenized finance is finding a home in onchain markets. Talos estimates that tracked seven-day volume across RWA perps reached $61.7 billion as of a Thursday snapshot, equivalent to 99.2% of Bitcoin perpetual volume on Hyperliquid and Binance, the two venues where most of the activity is concentrated. Equity-linked contracts made up the largest share at 57.8%, followed by commodities at 28.2%. Key takeaways RWA perpetuals nearly match Bitcoin perpetuals —tracked seven-day RWA perp volume was $61.7 billion, or 99.2% of Bitcoin perp volume on Hyperliquid and Binance. Equities dominate the RWA mix , accounting for 57.8% of RWA perp volume, while commodities re...

Bitcoin treasury company Strategy has reported a second-quarter operating loss of $8.33 billion, largely due to an unrealized loss of $8.32 billion on its Bitcoin (BTC) holdings. The company currently holds 843,775 BTC, worth $54.77 billion, significantly lower than the $63.69 billion acquisition cost. Strategy has created a $3.75 billion cash reserve as part of its BTC monetization program to support interest and dividend obligations. Strategy Losses Deepen Strategy has reported an operating loss of $8.33 billion in Q2 as unrealized losses on its Bitcoin holdings climbed to $8.32 billion after Bitcoin prices declined substantially. The flagship cryptocurrency traded around $88,400 at the end of 2025 and was near $64,700 when Strategy announced its quarterly earnings. The decline pushed the value of Strategy’s Bitcoin holdings below their aggregate purchase cost of $63.69 billion. The company recorded an operating loss of $8.33 billion, and a net loss of $8.22 billion, working out to $...

Aave governance is considering a broad cleanup of its V3 lending markets, targeting underused reserves across multiple blockchains and retiring certain matured listings. The proposal, detailed in an ARFC (Aave Request for Comment), outlines offboarding activity on six chains and removing dozens of low-adoption assets, covering $98.1 million in supplied collateral and $15.6 million in outstanding debt, measured as of July 28 . Risk services provider LlamaRisk , working alongside other Aave service providers, recommended deprecating 50 low-use reserves and retiring 21 matured Pendle principal token listings across 11 deployments. The same proposal also calls for retiring all 25 reserves on Sonic , Scroll , zkSync , Metis , Soneium and Aptos . Key takeaways Aave’s ARFC targets low-adoption assets and matured Pendle principal token listings, with balances snapshot at July 28 . The plan would wind down V3 markets on six blockchains and deprecate 50 low-use reserves across 11 ...

Crypto adoption in Canada is rising fast, according to new research from the Ontario Securities Commission (OSC). The regulator’s latest survey suggests that the share of Canadians who own cryptocurrency has climbed to 25% in 2026—up sharply from 10% in 2023—while awareness has also increased. In findings released Tuesday, the OSC reported that 59% of surveyed adults said they are aware of crypto assets, and 25% reported holding them. The survey polled 2,360 Canadians aged 18 and over between December 2025 and January 2026, offering a snapshot of how quickly retail interest has expanded in recent years. Key takeaways OSC survey data indicates crypto ownership reached 25% in 2026, versus 10% in 2023. Awareness among Canadian adults rose to 59%, up from levels reported in earlier OSC research. Roughly half of crypto owners said they check whether a platform is registered before using it. Many owners still appear to misunderstand core protections such as regulation, insurance cove...

Cryptocurrency exchange Coinbase reported its Q2 earnings, posting $1.2 billion in revenue and missing Wall Street estimates on sales and profits for a third straight time. The exchange blamed low spot trading volumes and low volatility for missing earnings estimates. Coinbase lost $1.36 per share, significantly higher than Wall Street’s estimate of a loss between 17 cents and 44 cents, as transaction, subscription, and stablecoin revenue came in lower than expectations. Coinbase Posts $1.2 Billion In Revenue The mixed Q2 earnings come as weak trading activity dragged expected results lower despite cornering a record share of the cryptocurrency market. Coinbase reported $1.2 billion in net revenue for Q2, a 19% decline from the previous year. The GAAP net loss of $359 million was significantly higher than market expectations of a $122 million loss. Coinbase’s subscription revenue, transaction revenue, services revenue, and adjusted EBITDA also fell short of expectations. Transaction re...

Crypto’s next phase of altcoin trading may look less like a wide, multi-token “altseason” and more like a tighter set of bets, according to market maker Wintermute. In its OTC flow report for the first half of 2026, the firm says institutional counterparties became the dominant source of spot trading on its desk—an important signal for how liquidity and momentum may behave during future rallies. Wintermute reports that institutions generated 72% of spot flow across all tokens in its OTC activity, the highest share on record . The figure rose from 61% in the second half of 2025 and from 59% in the first half of the prior year. Key takeaways Institutional spot OTC flow reached 72% in H1 2026 , up from 59% in H1 2025—marking a clear shift toward narrower participation. Institutional liquidity appears to concentrate in fewer tokens , while demand weakens across the market’s “long tail.” After price surges, institutional interest fades faster : roughly one day versus about three da...