Category: crypto
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Bhutan transfers 490 BTC worth $32.7M to new wallets
The Royal Government of Bhutan has transferred 490.87 Bitcoin worth about $32.74 million to fresh wallets in the past 24 hours. This is part of a series of large BTC transfers from state-linked addresses in 2026, with funds previously moving to unidentified wallets, trading firms, and exchanges. Bhutan has accumulated much of its Bitcoin through…
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Shinhan taps Solana for Korean won tokenized fund
Shinhan Asset Management in South Korea signed an agreement to test a Korean won tokenized fund using the Solana blockchain. The project is a proof of concept involving investor checks, issuance, distribution, and onchain liquidity. The fund will invest in Korean won bonds and target overseas institutional investors, with no confirmed launch date yet. Regulatory…
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Strategy Bitcoin treasury returns to profit above $75,385
Strategy’s Bitcoin treasury briefly returned to an unrealized profit on Aug. 21 when Bitcoin exceeded the company’s average acquisition price of $75,385. With 840,447 Bitcoin acquired for $63.36 billion, Strategy saw gains of approximately $191.6 million before prices changed. BitMine’s Ethereum treasury remains below its reported average cost estimate.
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South Korea proposes new FIU powers to investigate unregistered crypto firms
South Korean lawmakers are proposing legislation to give the Financial Intelligence Unit direct authority to investigate unregistered crypto businesses. The bill would allow the FIU to analyze suspected violations, file complaints, and request criminal investigations, instead of relying on police referrals. The bill must be passed by the National Assembly to take effect.
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Ripple joins Clearpool, Cicada to launch institutional RLUSD credit fund
Ripple is supporting a new fund that will offer RLUSD working capital loans to fintech and payments companies through the XRP Ledger. Clearpool and Cicada Partners will handle lending infrastructure and credit management. The fund is still in testing phase awaiting XRP Ledger approval. XRP has rallied amidst this development.
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CFTC seeks comments on AI compute derivatives
The CFTC is seeking public comments on how U.S. exchanges should list and oversee derivatives tied to artificial intelligence computing capacity. The deadline for comments is 60 days after publication in the Federal Register. CME plans to launch two compute futures contracts on October 5, subject to regulatory review.
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Swift links HSBC and StanChart tokenized deposits
Swift, HSBC, and Standard Chartered completed the first live interbank transaction on Swift’s blockchain-based ledger on Aug. 19, 2026. The transaction connected two independently operated tokenized deposit systems through a shared coordination layer. Seventeen banks across six continents joined Swift’s pilot for interoperable tokenized deposit live transactions globally.
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Injective affiliate secures SEC transfer agent registration for tokenized securities
Injective Institutional Services, an affiliate of Injective, has obtained SEC transfer agent registration, allowing it to maintain securities ownership records and process ownership changes. INJ token rose about 8% following the announcement. The registration enables Injective to accelerate tokenization and become the first layer 1 blockchain with regulatory readiness for RWA infrastructure.
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Core Scientific’s $24B AI comeback faces debt test
Core Scientific, once a bankrupt Bitcoin miner, has transformed into a U.S. artificial intelligence infrastructure provider. In the second quarter of 2026, they reported 1.1 gigawatts leased, totaling over $24 billion in potential revenue. Colocation revenue was $136.7 million, while self-mining revenue declined to $21.5 million. They also signed agreements with CoreWeave and AMD for…
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Grayscale updates Zcash ETF filing as DCG unit weighs $110M ZEC buy
Grayscale has filed its fourth amendment to convert the Zcash Trust into an ETF listed on NYSE Arca. A Digital Currency Group subsidiary is considering an investment representing about 200,000 ZEC, worth roughly $110 million. The filing also addresses vulnerabilities in Zcash and an upgrade. The trust’s value has increased to $155.25 million.