cryptocurrency

According to Crypto.News, the investigation that was previously suspended due to large gifts related to cryptocurrency has resumed after Nigel Farage, leader of the Reform Party in the UK, was re-elected as the MP for the Clacton constituency. The parliamentary commissioner is investigating whether he failed to register financial interests as required, focusing on a personal grant of approximately £5 million (about $6.7 million) from billionaire investor and Tether-related shareholder Christopher Harborne; as well as benefits such as staff, security, transportation, and accommodation provided by long-time advisor George Cottrell, who was previously sentenced for a money laundering-related case in the U.S.Nigel Farage's resignation during his term led to the suspension of the investigation, and he insists that he did not violate any rules, claiming that the money was an unconditional personal gift, part of which was used for security expenses. His by-election victory has allowed him to become an MP again, and the investigation has therefore continued.

According to Coinglass data, the cryptocurrency Fear and Greed Index is currently at 35, an increase of 5 points from yesterday. The average over the past 7 days is 30, and the average over the past 30 days is 28.

The Arizona Attorney General Kris Mayes' office assisted 35 cryptocurrency ATM scam victims in obtaining full refunds totaling $171,332. The related funds stemmed from scam-induced transactions, and the refunds covered all fees.According to Arizona law, only new customers who have been dissatisfied with an ATM operator for less than 10 days are eligible for a mandatory full refund. Victims must contact the operator and law enforcement or the Attorney General's office within 30 days of the transaction date and submit an official report confirming the scam. FBI data shows that in 2025, there were 460 complaints related to cryptocurrency kiosks in Arizona, with adjusted losses of $14.53 million; nationwide, there were 13,460 related complaints, with adjusted losses exceeding $388.98 million, of which individuals aged 50 and above lost over $302 million.

According to Bloomberg, U.S. President Trump is expected to attend a White House meeting next Wednesday, which will bring together senior executives from cryptocurrency companies and prediction market platforms. Commodity Futures Trading Commission (CFTC) Chairman Michael Selig and Securities and Exchange Commission (SEC) Chairman Paul Atkins have also confirmed their attendance at this meeting.

The French Minister of Finance confirmed that hackers breached the French Public Finance Directorate system at the end of June and stole personal and corporate taxpayer data. According to the platform FrenchBreaches, which tracks cyberattacks in France, this incident affected approximately 678,437 people, equivalent to about 1% of the French population, but the exact number is still under investigation and has not been finally confirmed.The leaked data reportedly includes sensitive information such as names, birth dates, home addresses, phone numbers, email addresses, tax identification information, and income data. Among them, nearly 27,000 individuals had tax incomes of at least 100,000 euros, 386 exceeded 1 million euros, and another 8 exceeded 10 million euros. Reports indicate that the database has been sold on the dark web market for thousands of euros. The attackers, calling themselves ZeroBytes, claimed they extracted the relevant records using an internal search tool, which was only discovered later when access was cut off.This incident has raised concerns in the cryptocurrency industry, as there has been a noticeable increase in "wrench attack" violent robbery incidents targeting cryptocurrency holders in France in recent years. If high-income individuals' addresses and contact information are leaked, it could provide criminals with a more precise target list.

The UK's Parliamentary Commissioner for Standards has resumed the investigation into Reform Party leader Nigel Farage's acceptance of donations from the cryptocurrency industry, involving an amount of 6.7 million dollars.

Binance announced that, in response to recent regulatory changes, to continuously comply with relevant regulations and ensure the safety of user assets, Binance will no longer process transactions involving certain cryptocurrency service providers/platforms starting from the following dates: effective August 7, including Shelbit, Aban Tether Exchange; effective August 13, including A7 Nigeria, A7 Africa, PilotFinance; effective August 23, including Rapira, Aifory Pro, ABCeX, WhiteBird, NoOnecrypto, Tradex, Monease, BitPapa, Exnode, Exnode Pay, HTX (Huobi Global SA), EXMO, and other platforms.Binance reminds users to avoid transferring or receiving assets directly or indirectly to the above entities, or engaging in other transactions with them, as related transactions may require additional compliance review, during which wallets may be restricted, and related activities may also involve violations of Binance's Terms of Use.A spokesperson for Huobi HTX responded that Huobi HTX has always strictly complied with the relevant laws and regulations of its operating location. Regarding recent sanctions related to the EU and the UK, the platform is actively communicating and has made good progress.The spokesperson for Huobi HTX also stated that Huobi HTX is currently not operating in the EU region and does not have EU region customers, so users need not worry excessively. The platform will continue to prioritize compliance and actively and responsibly advance related matters, and also appreciates the community's understanding and support.

According to CNA, the Singapore Police Force (SPF) and the Cyber Security Agency of Singapore (CSA) reported that a cryptocurrency scam involving fake job postings and compromised software systems resulted in losses of $11.8 million.The scam group impersonated cryptocurrency company recruiters on LinkedIn, used forged domain names to send emails, conducted video interviews, and induced victims to download malware on company devices to complete "technical tests," thereby stealing session tokens, bypassing multi-factor authentication, and ultimately transferring cryptocurrency.

According to SoSoValue data, the cryptocurrency market sector showed mixed results, with the DeFi sector performing prominently, rising by 1.04%. Among them, Hyperliquid (HYPE) rose by 1.74%, and Chainlink (LINK) rose by 2.42%. The Meme sector increased by 0.7% in 24 hours, with Fartcoin (FARTCOIN) rising by 9.04% and Pump.fun (PUMP) rising by 8.76%.In other sectors, the PayFi sector rose by 0.4%, with eCash (XEC) increasing by 1.56%. The Layer1 sector rose by 0.2%, with Cosmos Hub (ATOM) increasing by 8.71%. Additionally, the CeFi sector fell by 0.07%, but Cronos (CRO) remained relatively strong, rising by 1.07%. The Layer2 sector decreased by 0.97%, while Optimism (OP) rose by 4.11%. The cryptocurrency sector index reflecting historical market trends shows that the ssiAI, ssiDeFi, and ssiMeme indices rose by 1.93%, 1.29%, and 1.28%, respectively.

According to CoinDesk, financial services company Swissquote Group has lowered its full-year revenue and profit expectations after a 66.2% decline in net cryptocurrency income in the first half of the year.In the first half of the year, the company's cryptocurrency trading volume fell by 63.5% to 2.58 billion Swiss francs, approximately 3.2 billion US dollars. After the announcement, Swissquote Group's stock price dropped by 14%.

According to Bitcoin.com, Gurinder Singh Josan MP and Lord Vaizey, co-chairs of the UK All-Party Parliamentary Group on Crypto and Digital Assets (APPG), have written to the CEOs of major UK banks requesting clarification on whether they provide account services to crypto businesses, what restrictions are placed on digital asset transactions, and whether these policies will be adjusted with the implementation of the new regulatory framework in the UK.The MPs pointed out that access to banking may be the single biggest obstacle to the development of crypto and digital asset businesses in the UK. If licensed crypto businesses are still unable to obtain basic banking services, the competitive goals of the new regulatory system will be difficult to achieve.Lucy Rigby, Economic Secretary to the Treasury, has previously stated that banking service restrictions should not be imposed on FCA-authorized crypto businesses solely due to the nature of the industry. The deadline for submitting written evidence for this inquiry is August 31, and the APPG will use this to make policy recommendations to the government.

According to The Block, Robinhood's nominal cryptocurrency trading volume in July decreased by 33% month-over-month and by 62% year-over-year to $10.9 billion. Among them, the nominal cryptocurrency trading volume on the Robinhood app decreased by 74% year-over-year to $4.3 billion, while Bitstamp's trading volume decreased by 45% to $6.6 billion.

According to Digital Asset, a South Korean court has made a first-instance ruling regarding Delio CEO Jeong Sang-ho involved in a cryptocurrency fraud case amounting to approximately 250 billion won (about 180 million USD), sentencing him to 15 years in prison.The 11th Criminal Division of the Southern District Court of Seoul stated that Jeong's criminal conduct was serious, and he continued to shift responsibility to other companies while attempting to evade accountability. This ruling comes about three years and two months after Delio suspended withdrawals in June 2023.

According to News1, South Korea will expand the registration review scope of Virtual Asset Service Providers (VASP) to include major shareholders starting from August 20. If there are changes to the major shareholders or the company's legal compliance framework, operators must notify the financial authorities 30 days in advance.The Financial Intelligence Unit (FIU) and the Financial Supervisory Service (FSS) announced the revised registration manual at a briefing held in Seoul for virtual asset service providers and potential operators. The review targets not only the largest shareholders and major shareholders holding more than 10% of shares but also shareholders with special connections to the largest shareholders. If the largest shareholder is a legal entity, the largest shareholder of that entity and its representatives may also be included in the review scope.

According to The Block citing News1, Korea's Mirae Asset Group is injecting about 50 billion won (approximately 36 million USD) into the local cryptocurrency exchange Korbit after acquiring it in July.The operating company of Korbit has recently been renamed DigitalX.

After the overseas CEX Apps like Bybit and OKX were removed from the local Google Play in South Korea, the country is further tightening the process of transferring crypto assets to overseas platforms. According to the latest amendment to the Enforcement Decree of the Specific Financial Information Act, South Korean trading platforms will need to determine whether to allow transfers based on the risk level of the overseas platforms; when transferring to certain overseas trading platforms or personal wallets, users may be required to prove that the account belongs to them and explain the purpose of the transaction and the source of funds. If the information is insufficient, the transfer may be delayed or refused.Transactions reaching 10 million Korean won or more will also be included in the suspicious transaction monitoring system established by the exchanges, and the relevant regulations will be implemented six months after their announcement.

The iShares Bitcoin Premium Income ETF (BITA) under asset management company BlackRock generated $344,800 in revenue during its first operating period through selling options, of which $79,100 was realized profit and $265,700 was unrealized appreciation. The fund holds Bitcoin and the iShares Bitcoin Trust ETF (IBIT). As of June 30, 2026, BITA had an unrealized loss of $782,200 on its Bitcoin holdings, and an unrealized loss of $417,600 on its IBIT position, totaling a loss of $1,199,800.Meanwhile, the realized and unrealized gains from options obtained by BITA totaled $344,849, which offset approximately 28.7% of the aforementioned losses. After adding a net investment loss of $5,337, the fund's operating activities ultimately resulted in a net asset decrease of $860,335. Additionally, according to disclosed documents, from the fund's initial purchase of related assets on June 9 until the end of the quarter, the price of Bitcoin fell by 4.43%, and IBIT fell by 4.75%. From BITA's official public trading on June 12 to June 30, the fund's total return rate was -5.61%.

Bitget launches a crypto & TradFi contract trading competition, running from August 12 to August 22, with a total prize pool of 50,000 USDT. During the event, users can trade designated crypto and TradFi contracts to earn chances to win in a blind box lottery. The prize pool includes rewards in popular tokens such as rSNDK, XAUT, HYPE, as well as experience vouchers worth up to 1,000 USDT.In addition, the event features a trading volume ranking competition. The top 1,000 users by trading volume who have a cumulative trading volume of at least 10,000 USDT can share a prize pool of 30,000 USDT, with the first place on the leaderboard receiving 3,000 USDT. For more details, please refer to the official Bitget platform.