Daily digests
Crypto News Digest: August 8, 2026
The stories that moved crypto on August 8, 2026.
21 stories
All crypto news
Bitcoin’s BIP-110 supporters split onto minority chain as main network pulls ahead
Bitcoin's BIP-110 supporters are forking onto a minority chain as the main network pulls ahead, with approximately 20% of nodes and miners supporting the proposed one-year change that limits non-financial data on Bitcoin, sparking a debate over block space usage, while the majority of the network continues to operate with the current rules, setting up a potential long-term split in…
Bitcoin hits block 961,632 as the controversial BIP-110 soft fork attempt begins
Bitcoin is currently processing block 961,632 as the contentious BIP-110 soft fork attempt begins. Despite the proposal, bitcoin miners show scant support, and influential commentators have voiced opposition. This lack of backing raises concerns about the proposal's viability, potentially hindering its implementation, and may impact the overall stability and development of the bitcoin network.
Bitcoin’s BIP-110 enters mandatory signaling with miner support below 3%
Bitcoin's BIP-110 has entered mandatory signaling, a critical deployment milestone, despite miner support below 3%. This test aims to determine if enforcing nodes can sustain the change, given the limited miner signaling. A hard-fork fallback is being discussed, highlighting the project's ongoing evolution and the need for robust infrastructure to support its development.
Hardware wallet sales in Russia more than double as new crypto rules near
Hardware wallet sales in Russia surge more than double as new crypto regulations loom, with Wildberries' average price dropping 13% to 7,900 rubles and M.Video expanding its product range, but neither retailer cites the reason behind the increased demand, likely driven by investors seeking secure storage options amidst regulatory uncertainty and market volatility.
Majority Leader Thune files cloture on Clarity Act, setting up Sept. 15 Senate vote
Majority Leader Thune files cloture on the Clarity Act, setting up a pivotal Senate vote on Tuesday, September 15, when the chamber returns. A minimum of seven non-Republican senators must support the motion, which could potentially sway the outcome. The vote's success will significantly impact the bill's fate, with implications for the crypto industry's regulatory landscape.
Bitcoin Red Team Says AI Is Finding Critical Exploits Across Core Projects
Bitcoin's volunteer Red Team is actively scanning 150 repositories, discovering over a dozen critical vulnerabilities and building an open-source AI platform to automate security reviews. This effort aims to strengthen Bitcoin's core projects, potentially preventing future exploits. The initiative underscores the importance of proactive security measures in the rapidly evolving cryptocurrency landscape.
US spot Bitcoin ETFs post best week since April with $1B inflows
US spot Bitcoin ETFs experience their third-best week since October, driven by institutional demand, with $1B inflows. This surge marks a significant rebound in investor confidence, as the funds attract substantial capital. The renewed momentum suggests a potential shift in market sentiment, with implications for Bitcoin's price stability and long-term growth prospects.
Senate Keeps Clarity Act Alive With Crypto Bill Vote Set for September
The Senate Majority Leader John Thune has filed a motion to proceed, setting up a mid-September showdown for a crypto bill vote, specifically the Clarity Act. This move keeps the legislation alive, giving lawmakers a chance to debate and vote on the bill.
US Senate to vote on advancing CLARITY Act in September after Thune files cloture
The US Senate is set to vote on advancing the CLARITY Act in September after Senator Thune files cloture, putting crypto market structure legislation back on track. Negotiations over ethics and stablecoin provisions continue.
Brazil's central bank orders exchanges to delay large crypto transfers abroad
Brazil's central bank is ordering cryptocurrency exchanges to delay large transfers abroad, specifically those exceeding $10,000, and smaller transactions flagged as high-risk. Exchanges must verify the legitimacy of these transactions before proceeding, aiming to prevent illicit activities and money laundering. This move tightens regulations on Brazil's crypto market, potentially impacting investor confidence and exchange operations.
Bitcoin, ether ETFs draw $1.1 billion in best inflow week since April, despite low volume
Bitcoin and ether ETFs attract $1.1 billion in inflows, marking the largest weekly investment since April, despite low trading volume. Bloomberg analyst Eric Balchunas attributes this surge to the recent Coldcard wallet exploit, which has led several Bitcoin funds to receive daily inflows. This trend indicates investor interest in the affected assets.
Why trillion-dollar asset manager T. Rowe Price put memecoins in its crypto ETF
T. Rowe Price, a $1.9 trillion asset manager, has included memecoins in its crypto ETF, citing its active approach to investing as the reason. The firm believes excluding established memecoins on principle would undermine its strategy, allowing the fund to capture market opportunities. This move reflects the growing mainstream acceptance of memecoins.
Trillions in institutional money to flow into bitcoin, says Bitwise's Matt Hougan
Trillions of dollars in institutional money are set to flow into bitcoin, according to Bitwise's Matt Hougan, the digital asset manager's CIO. He estimates large capital pools control up to $200 trillion globally, with just a 1% shift toward bitcoin potentially unlocking massive long-term growth for the cryptocurrency market, driving prices and investor confidence upwards significantly.
Robinhood Crypto Chief Explains Why There Are 'Two Wolves' Inside Robinhood Chain
Robinhood Crypto Chief Johann Kerbrat explains the concept of 'two wolves' inside the Robinhood chain, indicating a duality in their approach. He emphasizes the company's focus on customer-centricity, stating they want to demonstrate their care for customers' concerns, signaling a commitment to understanding and addressing user needs within the platform's design and development.
Bitcoin will never fall below $60K again: Nansen founder
Alex Svanevik, Nansen founder, confidently asserts that Bitcoin will never fall below $60,000 again, driven by its increasing adoption in the real world through trading in assets like stocks and commodities. This shift towards mainstream acceptance is expected to stabilize the market, potentially leading to long-term price appreciation and a reduction in volatility for Bitcoin investors.
U.S. Senate opens first stage of crypto Clarity Act voting to give bill a chance next month
The U.S. Senate has initiated the first stage of the crypto Clarity Act voting process, allowing the bill to potentially overcome its 60-vote hurdle. This multi-stage process will unfold over the coming weeks, with the majority leader paving the way for a vote in September, giving the bill a renewed chance at passage, potentially impacting the crypto industry's regulatory landscape.
Another Bitcoin infrastructure exploit hits, this time draining Lightning payment servers
Attackers are exploiting Lightning Network infrastructure by stealing credentials from LND servers, prompting BTCPay to advise users to update immediately or take servers offline to prevent fund movement. This exploit affects Lightning wallets, compromising user assets. The incident highlights vulnerabilities in Bitcoin's Lightning Network, underscoring the need for enhanced security measures to protect users' funds.
Domestic stablecoins could boost demand for dollar-backed tokens: IMF
The International Monetary Fund's Dan Katz suggests domestic stablecoins could boost demand for dollar-backed tokens, citing their liquidity, network effects, and cross-border acceptance as attractive features. This could lead to increased adoption, particularly among users seeking a stable and widely accepted store of value, potentially benefiting the broader stablecoin market.
US court backs Bybit’s bid to trace funds from $1.5B North Korea hack
A US court grants Bybit expedited discovery to trace funds from the $1.5 billion North Korea hack, allowing the exchange to seek account identities, balances, and transaction histories from platforms with US operations. This move enables Bybit to potentially recover stolen assets, impacting the cryptocurrency industry's fight against illicit activities and money laundering.
Bitcoin holders risk losing real BTC if they sell coins from BIP-110 fork, says developer
Bitcoin holders risk losing their actual coins if they sell coins from the BIP-110 fork this weekend, warns a developer, citing the potential for replay attacks where signed transactions from the minority chain can be applied to the main Bitcoin network, making inaction the safest option until the chains are separated, a situation that underscores the risks of forking.
New XRP Ledger amendments target $530 million in tokenized Wall Street assets
A new XRPL amendment proposal is targeting $530 million in tokenized Wall Street assets by enabling institutions to encrypt token balances and transfer amounts, while still granting issuers, auditors, and regulators selective access. This move aims to increase security and compliance for institutional investors, potentially paving the way for wider adoption of tokenized assets in traditional finance markets.