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According to The Block, Eliza Labs founder Shaw Walters declared ai16z/ElizaOS token dead on August 5, with the associated foundation winding down following a settlement of collective litigation with Burwick
The Wyoming nonprofit unincorporated association American CryptoFed filed a withdrawal application on Aug. 3 to withdraw the second Form 10 registration statement for the Locke governance token, preventing Form 10 from automatically becoming effective on Aug. 15; the withdrawal was prompted by SEC staff identifying multiple material disclosure deficiencies that had not been resolved before the deadline. Specific Reasons for the Form 10 Withdrawal According to an Aug. 5, 2026 report by CryptoSlat
On August 5, Pi Network (PI) is trading at around $0.08295, up approximately 1% over the past 24 hours but still down 30% over the past month. The Pi Core Team announced that it has begun deploying Stellar Protocol 26 on the Pi Network mainnet. Node operators must complete the update before the August 11 deadline. Operators who miss the deadline will lose their connection to the mainnet until the software update is completed. Pi Network Stellar Protocol 26 Upgrade On July 29, 2026, the Pi Core T
Bitcoin (BTC) remains weak on its rebound, trading at around $63,950 as of August 5. The CLARITY Act has been shelved over ethical concerns arising from the massive losses suffered by investors in Trump’s memecoin, TRUMP, and senators have asked the U.S. SEC to investigate it. Ethereum researchers proposed burning validator rewards and halting net reward issuance when the staking rate reaches 50%. Macro Events & Crypto Hotspots CoinDesk reported that U.S. Democratic Senators Elizabeth Warren and
According to CoinDesk on August 5, Samsung announced the addition of native stablecoin functionality to Samsung Wallet, enabling fiat-pegged savings and payment accounts across 800 million-plus Galaxy smartphones globally. The wallet currently has nearly 19 million users in South Korea and
According to Onchain Lens, Hyperliquid burned approximately $1.11 million worth of HYPE in the past 24 hours. Cumulatively, 46.22 million HYPE tokens have been destroyed since inception, valued at roughly $2.56 billion and representing 4.62% of the maximum supply of 1 billion tokens.
Strategy sold 1,638 BTC for approximately $105 million last week, disclosed via an SEC filing dated August 3, 2026. This marks the firm's third discrete Bitcoin disposal of 2026 and its sixth consecutive week without a purchase. The average sale price for the latest tranche was roughly $64,000 per B
Mysten Labs co-founder Evan Cheng predicted Sui will carry all digital payments within four years, as the blockchain moved more than $65 billion in gasless stablecoin transfers since June 10. The prediction positions Sui as settlement infrastructure for stablecoins and cross-border payments rather t
Tether Gold (XAUt) saw its physical gold reserves increase 9.5% in the second quarter, reflecting growing demand for tokenized gold exposure, according to Tether's attestation report. The reserve growth occurred as gold fell 14.1% during the quarter, marking its worst quarterly performance since the
According to Evan Cheng, co-founder of Sui development entity Mysten Labs, the protocol has processed over $65 billion in stablecoin transfers since June 10, when gas fees for stablecoin transactions were eliminated at the protocol layer. Since early 2024, Sui has accumulated $2.27 trillion in
According to Standard Chartered, Apex Point Financial Technology has completed on-chain stablecoin transfer tests on a public blockchain and plans to announce issuance details in August, including distribution partnerships. The entity, which is led by Standard Chartered, received its stablecoin issu
PreStocks on Solana captured 78% of all trading volume in pre-IPO OpenAI and Anthropic tokens since its September 2025 launch, processing $414.7 million according to an Allium Labs report. The platform's dominance followed rival Ventuals' June 15 shutdown of its Hyperliquid markets, which had
Flare integrated FXRP into Sentora's $280 million RLUSD vault on Morpho, allowing XRP holders to use FXRP as collateral to borrow Ripple's RLUSD stablecoin. The integration addresses a core limitation for XRP holders who previously had to sell their assets to raise capital, potentially missing
According to ChainCatcher, USDD released its Q2 2026 treasury report showing quarterly revenue of $7.66 million, up 21.6% quarter-over-quarter, marking a new seasonal high. Net profit reached $7.63 million with total treasury reserves at $21.54 million. Current USDD supply stands at $1.59 billion wi