Category: crypto

RIOT stock rose by 4.7% to $19.91 after JPMorgan increased its price target to $22 due to a $9.1 billion data center agreement with Anthropic. The company also sees momentum building with an agreement with chipmaker AMD. Morgan Stanley raised its target to $43. RIOT must reclaim $20.48 for further gains.

NAVI Protocol has launched NAVI Prime, a lending framework on the Sui blockchain for funds seeking transparency and control over capital management. The framework focuses on professional investors and provides infrastructure for lending on Sui. U.S. investors can access SUI exposure through CME futures contracts. DefiLlama tracks $124.6 million in total value locked on NAVI…

Ethereum researchers are proposing changes for the 2027 Hegotá upgrade that prioritize Frame Transactions and FOCIL to allow privacy pools to pay network fees directly. Frame Transactions would give wallets more control over transactions, while FOCIL would protect eligible transactions from censorship. The upgrade is targeted for 2027 after the Glamsterdam upgrade in 2026.

Printr is closing its token launch platform and operations by Aug. 31 due to lack of funding. User assets will be automatically unstaked and rewards claimed from Aug. 18. Missing assets must be reported by Aug. 20. No new tokens will be issued. The closure follows a failed attempt to secure necessary support.

Fireblocks has appointed former SEC Acting Chairman Elad Roisman as its chief regulatory and policy officer and general counsel for regulatory affairs. Roisman will oversee Fireblocks’ regulatory strategy, policy engagement, and legal work involving regulation, serving as the main contact with regulators and standards bodies. He will lead the company’s regulatory work in Washington, D.C.…

RootData listed 99 closed, bankrupt, or inactive crypto projects in 2026. CEO Varun Datta advised against demanding recurring revenue from seed-stage companies, emphasizing founder knowledge instead. US-based companies received 70.2% of venture capital. Galaxy Research reported $4 billion across 355 crypto deals in Q1, with a shift towards mature companies.

World Liberty Financial has gained preliminary OCC approval to establish a national trust bank in the United States that would manage USD1 issuance, reserves, and digital asset custody. The bank must meet OCC requirements before opening, including final authorization and maintaining eligible capital. Political scrutiny surrounds the bank’s ties to the Trump family and a…

Vitalik Buterin credited Bitcoin developers for Utreexo and outlined a proposed Ethereum scaling strategy involving a hybrid state model. Ethereum researcher Toni Wahrstätter proposed native UTXOs to reduce payment state usage. Buterin’s recursive-STARK mempool research addresses proof bandwidth. The proposed strategy aims to maintain decentralization and scalability.

Binance founder CZ Zhao transferred approximately $965,000 in BNB and 币安人生 tokens to Giggle Academy on Aug. 16. The transfer was intended to clear his public wallet of unsolicited meme coins and support the education project. The funds will be used to provide free educational content and programs for children worldwide.

Novig, a prediction market operator, has sued Wisconsin officials to prevent the state from applying gambling laws to its sports event contracts. Novig argues that its contracts are federally regulated derivatives and should fall under the jurisdiction of the Commodity Futures Trading Commission. This is part of a larger legal battle over prediction market regulation…