Daily digests
Crypto News Digest: August 29, 2026
The stories that moved crypto on August 29, 2026.
40 stories
All crypto news
Layer 1 blockchain Fogo halts mainnet after attacker receives 400 million FOGO tokens, 10% of circulating supply
The affected tokens make up about 4% of FOGO's genesis supply and were worth about $3 million at the time of the incident.
Polish Olympic Committee president detained in Zondacrypto bribery probe
Polish Olympic Committee President Radosław Piesiewicz was detained as part of an investigation into digital asset platform ZondaCrypto.
Stellar tokenized RWA market more than quadruples to nearly $4B
Stellar’s real-world asset market has expanded rapidly this year as institutional adoption and tokenization activity grow across the network.
Cosmos Labs says it wrongly cleared the bug behind a $5.7 million six-chain hack
MANTRA Chain, which lost $3.6 million, claimed the patch was only released 20 hours before the attack began and did not identify the flaw it fixed.
Polygon discloses security flaws fixed in recent hard forks
The vulnerabilities posed denial-of-service and validator resource risks but were patched before Polygon publicly disclosed them.
BitGo buys NYDIG’s institutional trading business, expanding derivatives offering
With the transaction, around 30 NYDIG employees have joined BitGo, along with their institutional trading relationships.
XRP treasury firm Evernorth says SEC registration now effective, clearing way for Nasdaq listing
The S-4 registration statement is for Evernorth's merger with SPAC firm Armada, through which it seeks a Nasdaq listing.
Dunamu and Visa partner on stablecoin, AI business; Open Standard’s OUSD under consideration
Dunamu specifically said that the partnership will explore potential usage of Open USD in future collaborations.
Capital B raises $24.5M for its Bitcoin treasury amid market uncertainty with BlockStream’s Adam Back chipping in
The French Bitcoin treasury firm’s private placement drew support from Adam Back and TOBAM, with warrant exercises potentially unlocking another $158 million.
The next trillion-dollar currency may not be a stablecoin — it might not even have a name yet
AI agents are coming. They will need to pay each other. Crypto executives agree on the problem but disagree sharply on the solution, and one thinks the answer has not been invented yet.
Swift’s $1.5 quadrillion network faces a blockchain test
Crypto executives say new blockchain payment infrastructure could make Swift obsolete. Bankers say its 11,500-institution network gives it the power to absorb the technology instead.
Ditching 'digital gold': BPI study suggests everyday Americans prefer control and micro-investing
A new survey suggests some of bitcoin's most familiar sales pitches of changing the world may be poorly suited to a majority of prospective buyers.
Bitcoin's Oldest Coins Are Waking Up in 2026 at a Pace Rarely Seen
Galaxy Research shows coins untouched for 10-plus years moving at an unusual pace in 2026, with six ancient wallets shifting $40 million in a single 10-day stretch this month.
Tokenized stock transfer volume jumps 415% in 30 days to $29.5B
Tokenized equities saw a sharp rise in onchain activity as active addresses and holders more than doubled over the past month.
Bernie Sanders Vows Legislation to 'Stop Flock and AI Mass Surveillance'
The Vermont senator warned that the surveillance company's 120,000-plus AI cameras are pushing the US toward a "surveillance state," adding a prominent voice to a growing bipartisan backlash.
Bitcoin is outperforming stocks and correlating with gold just when it matters most
Your day-ahead look for Aug. 28, 2026
California Senate passes bill to ban memecoin issuance by public officials
The bill seeks to prohibit the listing of memecoins issued by federal public officials to California residents, citing conflicts of interest and “pay-to-play arrangements.”
Morning Minute: Solana Jumps with Network Inflation Set to Drop
Two majors proposals are set to pass, its leading DATs are back, and Schwab is offering SOL to its clients—quite the setup for Solana.
SBI buys 20% stake in Indonesia's Ajaib for $270 million to expand yen stablecoin in Southeast Asia
The Japanese financial giant is acquiring a 20% stake in the Indonesian online brokerage to build a cross-border, blockchain-based settlement network.
Ethena looks beyond crypto to squeeze yield from booming equity perpetuals
The issuer of the $4 billion USDe token said it expects real-world asset perpetuals to eclipse crypto derivatives in its backing within 12 to 24 months.
IREN’s $25 billion-$30 billion AI buildout may have ‘spooked’ investors, Bernstein says
IREN has $4 billion in contracted cloud ARR for 2026 capacity and has secured over $20M in annual revenue per IT megawatt on recent deals.
Trump-promoted brand touts GOLD before token collapse
Real Trump Coins promoted GOLD before deleting related X posts, while team-linked wallets sold 224.5 million tokens as its market value fell about 99%.
Tokenized assets are busier than the data shows
When you strip out what was never mobile, correct for who's holding what and why, add back what works off-contract, the utilization of tokenized assets looks close to 20%, argues Katana’s Matthew Fisher.
BitGo Buys NYDIG's Institutional Trading Arm to Beef Up Derivatives and Financing
The roughly $42.5 million cash-and-stock deal adds derivatives, structured products and capital-markets capabilities, while letting NYDIG focus on its power and data-center business.
Former White House teleprompter operator ordered to pay $172,000 for Kalshi trades on mention markets
The fine marks the CFTC's second insider trading case against a federal employee trading event contracts and its second related settlement in four weeks.
The Clarity Act slipped to September. Banks are building anyway
But every month without settled rules quietly rewards the walled garden, writes Matter Labs’ Vassilis Tziokas.
Polish Olympic chief charged in Zondacrypto probe, justice minister says
Polish Olympic Committee president Radosław Piesiewicz faces charges as prosecutors investigate his ties to collapsed cryptocurrency exchange Zondacrypto.
Who is legally liable when an AI agent goes rogue?
If your personal AI agent goes rogue and causes harm or financial damage in the real world, can you be held liable?
SBI Holdings invests $270 million in Ajaib, taking 20% stake amid Asia digital asset push
Ajaib offers crypto and stablecoins alongside traditional investments, including OTC settlement services for institutional clients.
Fed Chair Kevin Warsh at Jackson Hole: 'We have work to do' on inflation
Warsh's highly anticipated remarks at the Kansas City Fed's annual symposium Friday morning leaned hawkish, prompting traders to quickly raise bets on a September rate hike.
Ethereum ETFs Take $226M in a Day, Almost Matching Bitcoin's Haul
Nine straight sessions have brought in $1.4 billion, with Thursday marking the funds' strongest day in 10 months.
BitGo to buy NYDIG trading arm for $42.5M in cash and stock plus $15M earnout
The deal to buy NYDIG IF Holdings comprises $7 million in cash and around $35.5 million in stock, as well as the $15 earnout.
Bitcoin wallets untouched for 10 years moved $40 million. Most avoided exchanges
Six decade-old wallets moved $40 million this month, but Galaxy's data shows dormant coin activity at its lowest since 2022 and 2026 on pace for under half of last year's total.
Bitcoin ETFs end 9-day inflow streak as BTC dips below $78K
US spot Bitcoin ETFs posted $201.8 million in net outflows Friday, led by ARK 21Shares, as total fund assets slipped back below $100 billion.
Stablecoins not credible for payments at scale, BIS chief says
BIS chief Pablo Hernández de Cos said stablecoins lack credibility for payments at scale, while a new FSI study highlights sharp differences in issuer rules.
Bybit launches 24/7 options on stock perpetuals, starting with SpaceX and Nvidia
Beginning Sept. 17, Bybit users will be able to trade 24/7 options on SPCX and NVDA, with fractional lots and USDT settlement.
Crypto Biz: Bitcoin pumps, Wall Street does the paperwork
Bitcoin’s $80,000 rebound lifts crypto stocks as Circle, Strategy and Solana show how capital markets, stablecoins and onchain growth are driving crypto’s recovery.
Bitcoin Traders Watch Fed Chair Warsh for Clues—And Get Nothing
Fed Chair Warsh's first Jackson Hole keynote doubled down on giving markets zero rate hints as inflation runs hot and Bitcoin traders wait on September's call.
Bitcoin dips to $78.4K as Fed’s Warsh downplays softer inflation prints
Bitcoin failed to make a decisive break above $80,000 as traders digested Fed Chair Kevin Warsh’s Jackson Hole keynote speech, which remained wary of US inflation trends.
Bitwise fund is first Solana ETF to hit $1 billion AUM
The Bitwise Solana Staking ETF (ticker BSOL) crossed $1 billion AUM on Friday, less than a year after its launch.