DeFi News page 4

Garlinghouse addressed the company's ambitions to modernize traditional finance infrastructure alongside talk of a future public listing. Ripple CEO Brad Garlinghouse discussed the company's direction in remarks covered separately by CoinGape and Finbold on August 19.

Crypto Economy and Cointribune EN identify John Thune as Senate Majority Leader scheduling the CLARITY Act cloture vote, while CryptoBriefing refers to Chuck Schumer as Senate Majority Leader in the same context. Crypto Economy and Cointribune EN identify John Thune as Senate Majority Leader scheduling the CLARITY Act cloture vote, while CryptoBriefing refers to Chuck…

A freeze order halts movement of crypto assets valued at roughly $58 million while a transfer disagreement is resolved A Singapore court has issued an order freezing cryptocurrency assets valued at S$75 million, or approximately $58 million, according to reports from crypto.news and Cryptopolitan.

Three of today's stories have an actual mechanism attached to money before US markets open; the rest are commentary. Three of today's stories have an actual mechanism attached to money before US markets open; the rest are commentary.

Total stablecoin holdings on exchanges slid to $64 billion, with Binance capturing a larger share of what remains. Stablecoin reserves sitting on cryptocurrency exchanges have fallen sharply, dropping 20% to reach approximately $64 billion.

The exchange's latest disclosure shows bitcoin reserves rising 2.55% while ether and USDT balances decline. Binance has published an updated Proof of Reserves report showing that bitcoin held on behalf of users climbed to 657,000 BTC. The increase represents a 2.55% rise, according to figures cited by Coinpedia and The Cryptonomist.

The integration gives millions of Bitcoin.com wallet users access to a stablecoin regulated by the UAE's central bank. Bitcoin.com has added USDU to its wallet platform, giving its user base direct access to a stablecoin registered with the Central Bank of the United Arab Emirates.

The state-backed stablecoin drops its prior cross-chain protocol in favor of Chainlink following an audit of its infrastructure. Wyoming has completed a migration of its state-issued Frontier Stable Token to Chainlink’s Cross-Chain Interoperability Protocol, known as CCIP. The change was reported by CryptoBriefing and crypto.news on August 18 and 19, 2026, respectively.

The cross-chain protocol paused operations following reports of a breach worth an estimated $1.7 million. MAYAChain, a decentralized cross-chain liquidity network, halted operations on August 19 after suffering an exploit estimated at $1.7 million. The move was reported by Cointelegraph and crypto.news within roughly an hour of each other.

Read together, this week's filings show regulators writing crypto rules on their own paper, not waiting for a bill that is stuck in the Senate. Read together, this week's filings show regulators writing crypto rules on their own paper, not waiting for a bill that is stuck in the Senate.

The joint petition seeks a formal regulatory framework covering derivatives tied to private company valuations before they go public. The Hyperliquid Policy Center and trade[XYZ] have petitioned the U.S. Securities and Exchange Commission to create a formal framework for pre-IPO perpetual contracts.

The US accounting standard-setter has outlined conditions under which certain stablecoins could be classified as cash equivalents on corporate balance sheets. The Financial Accounting Standards Board, the body that sets US Generally Accepted Accounting Principles, has proposed new guidance addressing how stablecoins should be classified on corporate financial statements.

CryptoBriefing and Coinfomania both report $18.3M in SPYx deposits across DeFi, but they disagree sharply on how much of that sits on Morpho and which venue leads. CryptoBriefing and Coinfomania both report $18.3M in SPYx deposits across DeFi, but they disagree sharply on how much of that sits on Morpho and which venue leads.

CryptoBriefing and Coinfomania both report SPYb's $6.3M DeFi liquidity but disagree on whether the token has any trading volume. CryptoBriefing and Coinfomania both report SPYb's $6.3M DeFi liquidity but disagree on whether the token has any trading volume. What all sources agree on SPYb is a tokenized S&P 500 product issued by Binance bStocks.

AMBCrypto and CoinTurk News EN both cover the same whale wallet's ETH purchase but differ sharply on how much of the holding was actually staked. AMBCrypto and CoinTurk News EN both cover the same whale wallet's ETH purchase but differ sharply on how much of the holding was actually staked.

The initiative signals a fresh push to bring traditional finance players into Compound's lending markets. The Compound Foundation has announced approval of a $52 million program directed at institutional decentralized finance activity. Coinfomania and crypto.news both reported the development, framing it as a new institutional-focused initiative tied to the Compound protocol.

A political action committee funded by the two crypto firms spent heavily on a Florida congressional contest while campaign messaging largely avoided digital asset policy. A political action committee funded by Ripple and Coinbase has spent about $2 million on a congressional race in Florida, according to reports from Cointelegraph and CryptoBriefing.

Reports indicate holders will receive the token ahead of the network it is meant to power. Arthur Hayes, the former chief executive of derivatives exchange BitMEX, is again drawing attention in crypto circles. This time it concerns a new token tied to his name.