A wave of short liquidations and renewed exchange-traded fund demand pushed the largest cryptocurrency to its biggest weekly gain in three years. Bitcoin climbed back above $80,000 on August 24, according to Coinfomania, marking its first close at that level in 113 days.
The bank's move marks a milestone for regulated stablecoin distribution in Hong Kong's financial sector. Standard Chartered has taken on the role of first bank distributor for HKDAP, a stablecoin pegged to the Hong Kong dollar.
The mainnet upgrade targets cross-chain bridge vulnerabilities as BNB Chain continues hardening its infrastructure. BNB Chain has completed activation of the Pasteur hard fork on its mainnet. The upgrade is designed to strengthen the security of bridge infrastructure connecting the chain to other blockchain networks.
A meme coin promoted from the account reportedly crashed 68% after the post disappeared Kylie Jenner's X account posted a Solana wallet address on August 24, then deleted it soon after. CryptoBriefing and Coinfomania both reported the post and its removal, describing the account as compromised.
August 25, 2026
Cosmos Labs Security Incident Date: Aug 24 vs Aug 25
CryptoBriefing and The Cryptonomist EN give different dates for when Cosmos Labs disclosed the EVM module security incident. CryptoBriefing and The Cryptonomist EN give different dates for when Cosmos Labs disclosed the EVM module security incident. What all sources agree on Cosmos Labs flagged an active security incident inside its EVM module.
Daily trading in the fund reached roughly $100 million to $108 million, with fresh inflows reported near $25 million. Bitwise's Solana staking exchange-traded fund recorded its highest single-day trading volume since launch this week. CryptoBriefing reported the figure at roughly $100 million.
August 25, 2026
Treasury’s Bessent Unveils ‘Operation Economic Outcast’ Targeting Iran’s Crypto and Tech
New sanctions campaign hits digital assets, gold, aviation and shipping as Iran promises retaliation Treasury Secretary Scott Bessent announced a broad new sanctions initiative on Monday targeting Iran's use of digital assets and technology. The campaign, named Operation Economic Outcast, expands Washington's economic pressure on Tehran across several sectors at once.
Japheth Dillman faces sentencing after investors lost nearly $1 million in a fake trading bot pitch. Japheth Dillman, the founder of Block Bits, has been convicted on wire fraud charges connected to a crypto trading scheme that collapsed after raising investor money. Reports indicate the scheme cost investors close to $960,000.
August 25, 2026
Daydreams TaskMarket: ERC-8004 or ERC-8195 Standard?
CryptoBriefing and Coinfomania both cover Daydreams' TaskMarket launch on Base but name different ERC standards as its foundation. CryptoBriefing and Coinfomania both cover Daydreams' TaskMarket launch on Base but name different ERC standards as its foundation. What all sources agree on Daydreams has launched TaskMarket, a marketplace for the agent economy.
CEO Brian Armstrong unveiled a Slack-based tool that settles AI micropayments in about 200 milliseconds without subscriptions. Coinbase has developed a Slack bot designed to let artificial intelligence agents pay for services instantly, according to reporting on the new tool.
The capital raise supports a broader push into Bitcoin treasury holdings tied to Metaplanet's strategy. Super League, an entity linked to Metaplanet, has completed its first at-the-market offering, raising $2.3 million. CryptoBriefing and crypto.news both reported the raise on August 24, 2026. The proceeds are tied to a Bitcoin treasury expansion strategy associated with Metaplanet.
The corporate Ethereum holder expanded its treasury by 32,447 ETH during a week that saw the token jump roughly 30%. BitMine Immersion Technologies has expanded its Ethereum holdings by 32,447 ETH, a purchase valued at approximately $81 million, according to figures reported this week.
Treasury-led action extends secondary sanctions pressure on Iran into digital assets, aviation, shipping and gold trade The US Treasury has broadened secondary sanctions against Iran to explicitly reach the crypto sector, according to reports published on August 24, 2026.
A new projection points to sharply rising electricity consumption from Australian data centers, with implications for energy markets and digital infrastructure. Australia's data center electricity use is projected to climb sevenfold over the next decade, according to a report published by CryptoBriefing.
The exchange's Base network now hosts tokenized shares, positioning Coinbase in the growing race to bring equities onchain Coinbase has begun issuing tokenized stocks on Base, its Ethereum layer-2 network, according to reports from CryptoBriefing and Bankless.
Bond traders push up risk pricing on Broadcom debt as the chipmaker backs large-scale AI infrastructure financing. Credit risk measures tied to Broadcom have risen in recent trading sessions, according to reports from Yahoo Finance and CryptoBriefing.
Coinbase's tokenized equities go live on the Base network, relying on Chainlink's price feed infrastructure. Coinbase has begun offering tokenized versions of US stocks on Base, the layer-2 network it developed. The exchange selected Chainlink to supply price feed infrastructure supporting the new product, according to reports from CryptoBriefing, Coinfomania, and Cointelegraph.
Canadian Prime Minister Mark Carney says trade negotiations with the Trump administration have broken down entirely. Canadian Prime Minister Mark Carney says his country is now locked in an economic war with the United States.