Category: crypto

Goldman Sachs is acquiring NEOS Investments for up to $2.25 billion, adding $30 billion in assets and 19 options-based income ETFs to its asset management business. The deal is expected to close in the first quarter of 2027, subject to regulatory approvals. NEOS co-founders will join Goldman Sachs Asset Management.

Bitcoin rose to $64,000 after U.S. inflation eased to 3.4% in July, with the Federal Reserve policy outlook unchanged. Core CPI increased by 0.2% monthly and 2.5% annually. Market leaders expect no rate change in September. Analysts suggest ETF flows, liquidity, and derivatives positioning may influence Bitcoin’s performance.

Norway’s sovereign wealth fund had a record 1.75 trillion kroner profit in the first half of 2026, driven by Asian technology stocks. The fund disclosed a $1.22 billion investment in SpaceX, representing 0.05% of the company. The fund’s top 10 investments now make up 20% of the total portfolio, with large technology holdings increasing.

Ripple has voted in support of the fixCleanup3_3_0 amendment, which is part of xrpld version 3.3.0. Currently, the amendment has 8 out of 35 validator votes, below the activation threshold. Proposed changes include fixes for various XRP Ledger features. XRP traded near $1.06 with uneven positioning in derivatives markets.

Nansen CEO Alex Svanevik predicts Bitcoin could reach $1 million by 2030, with the asset not dropping below $60,000 again. Svanevik attributes this potential increase to global liquidity, expanding money supply, and Bitcoin’s limited supply. U.S. spot Bitcoin ETFs provide regulated access to the market, impacting demand and price fluctuations.

BitMart’s missing proof-of-reserves report and withdrawal complaints from two crypto projects have raised concerns about customer asset security during the exchange’s wind-down. Arch Lending’s CTO emphasized the need for independently verifiable custody. BitMart has not disclosed verified reserves and liabilities, with trading set to stop on Aug. 26 before closing in 2027.

Kalshi has made its live order book available to DoubleZero Edge subscribers, offering Level 1 and Level 2 data for sports contracts and crypto perpetual futures through a dedicated fiber network. The feed includes detailed order book depth and aims to provide quantitative firms and market makers with a more comprehensive view of liquidity.

Coldcard seed-generation error led to $116 million Bitcoin theft, renewing concerns about self-custody tool security. Users affected by the attack were those who trusted the wallet to generate secure seed phrases without verifying the randomness source. Coinkite released patched firmware, but vulnerable seeds require a complete wallet migration.

The US and UK issued 10 recommendations for stablecoins, tokenized securities, and cross-border finance without enforceable rules. Recommendations cover digital assets, capital markets, and cooperation between regulators. Both governments aim to create a pathway for regulated stablecoins to enter each other’s markets. The Transatlantic Taskforce for Markets of the Future published recommendations on July 14…

KuCoin has obtained ISO 22301:2019 certification for its business continuity management system, joining existing security and operational controls. The certification enhances preparations for operational disruptions and recovery of critical services. Regulators are increasingly focusing on operational resilience for crypto and financial firms, making this certification important for KuCoin.