Crypto news

Moscow's "Gorbushka" market has become the epicenter of a large-scale law enforcement operation. For the second day now, searches related to the activities of underground digital currency exchange points continue on the territory of the legendary shopping complex.
According to my information, operatives are working in the pavilions and service areas of the complex. This concerns "New Gorbushka" — the neighboring building popularly known as "Gorbushkin Dvor...

A large-scale operation to combat shadow mining in Dagestan has yielded tangible results: since the beginning of 2026, specialists from Rosseti North Caucasus have detected and neutralized 52 illegal digital asset mining farms. During the raids, 968 pieces of equipment were confiscated, and the total damage to the region's power grids exceeded 129 million rubles.
In my estimation, this is just the tip of the iceberg...

Public bitcoin miners are demonstrating an unprecedented exodus from mining the first cryptocurrency. The group's combined realized hashrate (excluding Bitdeer) has declined by 21.2% over the past three quarters, a direct consequence of a structural shift in these companies' business models.
According to my calculations, based on industry analytics data, the aggregate figure has fallen from 368...

Another victim of scammers in the crypto space — a Hyperliquid platform user who lost about $550,000 in USDC stablecoins. The incident occurred after the trader clicked on an advertisement in the Google search engine that led to a fake website visually replicating the decentralized exchange's interface. After entering data and confirming the transaction, the attackers instantly withdrew funds from the victim's wallet...

The U.S. administration has taken a radical step in the fight against transnational cybercrime. On August 12, President Donald Trump signed a memorandum that, for the first time, officially authorizes certified private companies to participate in offensive cyber operations against foreign criminal organizations. This decision fundamentally changes the rules of the game: businesses cease to be passive observers and become an active tool of state policy in the digital space...

The world's largest sovereign wealth fund, Norway's Government Pension Fund Global, has disclosed a position in BitMine Immersion Technologies shares in its reporting. As of June 30, the fund held 6.15 million shares of the company, equivalent to approximately $81.87 million. Notably, this asset did not appear at all in the final report for 2025, and the details of the transaction—the exact entry date and purchase price—remained undisclosed...

The European Central Bank (ECB) has published a fresh large-scale study on payment habits in the eurozone, and the figures look grim for proponents of cryptocurrency commerce. Only 0.2% of online companies operating in the region are willing to accept bitcoin, Ethereum, or USDT as payment for their goods and services. This is not just a statistical margin of error, but an actual signal that digital assets have failed to become a meaningful tool for retail settlements in the world's largest economic zone...

The withdrawal operation is the final and, perhaps, the most critical stage of interaction with any cryptocurrency platform. It is here that users most often encounter unexpected fees, network delays, and bureaucratic checks that can wipe out all the profit from a successful trade. As an analyst, I view this process not as a routine procedure, but as a key indicator of an exchange's reliability and an asset's liquidity...

In recent days, a noticeable activation of fund movements has been observed in the crypto market, which has not gone unnoticed by analysts. This refers to a series of large deposits into trading accounts, which is traditionally perceived as an indicator of growing institutional interest and preparation for increased volatility.
What Lies Behind the Numbers On-chain data monitoring records an inflow of liquidity to leading exchanges, with transaction volumes significantly exceeding average values over the past few months...

Next week, the White House will become the epicenter of cryptocurrency policy. On Wednesday, the president's administration is expected to hold a closed-door meeting with executives from leading crypto companies and prediction market operators. According to my information, the guest list has not yet been finalized, but notably, representatives from the traditional financial sector may also join the discussion...

While most market participants were resting, several landmark events occurred in the industry that could shape sentiment for the coming weeks. This is not only about price movements, but also about structural changes in the relationship between traditional finance and the crypto ecosystem.
Market picture: bitcoin and ether in a sideways trend At the time of writing this review (09:20 Moscow time), bitcoin was trading around $63,167...

South Korea's KOSPI stock index has confidently returned to a bull market phase, showing a gain of more than 20% from July lows. The key driver of this powerful rebound has been the recovery of memory semiconductor manufacturers' stocks, signaling a shift in market sentiment.
On Thursday, Sandisk (SNDK) shares surged 13.7% after the company published an ambitious long-term forecast, instantly triggering a wave of buying across the entire sector...

OKX's native layer-2 network, known as X Layer, has made a rapid leap, increasing its share of the platform's xStocks blockchain turnover from zero to an impressive 80% in just four weeks. This jump is not just a statistic, but a clear signal of where the tokenized assets market is heading and what role infrastructure plays in this process.
As an analyst, I see this not as a coincidence, but as a natural outcome of the synergy between a centralized exchange and a decentralized network...

Moscow's "Gorbushka" market has once again found itself in the spotlight of law enforcement. For the second day in a row, large-scale operational measures have been ongoing on the territory of the legendary shopping complex, which, according to my data, are directly linked to the activities of underground cryptocurrency exchange points. This is about a systematic crackdown on the shadow segment that has long felt unpunished here...

The corporate sector continues to reassess its cryptocurrency experiments, and a fresh example from the United States confirms this. Nasdaq-listed company FG Nexus has fully exited digital assets, winding down its Ethereum strategy less than a year after launching it. This decision was not just a tactical maneuver but an acknowledgment of a strategic mistake with tangible financial consequences.
At its peak, FG Nexus managed 50,000 ETH—an impressive volume valued at hundreds of millions of dollars at the time...

The public Bitcoin mining sector is undergoing a structural transformation. Over the past three quarters, the realized hashrate of leading companies (excluding Bitdeer) has declined by 21.2% — from 368.3 EH/s in Q4 2025 to 319.0 EH/s in Q2 2026. This is not merely a correction, but a deliberate dismantling of capacity to pivot toward high-margin segments.
The network is declining more gently The overall Bitcoin network shows a more moderate decline: the average quarterly hashrate fell from 1,071 EH/s to 957 EH/s, representing only 10...

Once again, malicious actors have demonstrated that even experienced users of decentralized platforms are not immune to losses. This time, the victim of a fraudulent scheme was a Hyperliquid trader who lost about $550,000 in USDC stablecoins. The incident occurred after the user clicked on a phishing advertisement placed in Google search results.
The link led to a fake web resource that visually fully mimicked the interface of the decentralized exchange Hyperliquid...

On August 12, U.S. President Donald Trump signed a memorandum that radically expands the role of the private sector in combating transnational cybercrime. Now, certified commercial companies will be allowed to participate in offensive operations against foreign criminal groups—but only under strict federal oversight. This is not just a declaration, but a working mechanism that elevates state-business cooperation to a fundamentally new level...

The world's largest sovereign investor — Norway's government pension fund Global — has disclosed a significant position in the American mining operator BitMine Immersion Technologies. According to data as of June 30, the fund holds 6.15 million shares of the company, equivalent to approximately $81.87 million. Notably, this asset did not appear at all in the reporting at the end of 2025, and the exact entry date and purchase price remain undisclosed...

The process of withdrawing funds from cryptocurrency exchanges is one of the most critical stages for any trader or investor. At first glance, the operation seems trivial: press a button, confirm, receive. However, in practice, this is exactly where users most often encounter unexpected fees, delays, and even complete transaction blocking.
Main pitfalls when withdrawing The first thing to consider is the fee structure...

Managing digital assets begins with a simple but critically important step — funding your account. At first glance, the procedure seems trivial, but in practice, the choice of deposit method directly affects fees, transaction speed, and the level of security. In this material, I will break down the main methods, their advantages, and the hidden risks that both beginners and experienced traders face...

The White House administration is preparing a landmark event for the entire crypto industry: a closed-door meeting with leaders of major cryptocurrency companies and prediction market operators is already scheduled for next week. According to my information, the event will take place on Wednesday, although the final guest list has not yet been approved. Representatives of the traditional financial sector are also expected to participate in the dialogue, underscoring the growing convergence of the two worlds...

While most market participants were resting, several landmark events occurred in the industry. The largest American bank finally severed ties with the prediction platform Polymarket, the Gemini exchange continues to generate losses, and Norway's sovereign wealth fund found an original way to gain exposure to Ethereum.
Market in numbers: sideways movement and divergent flows Bitcoin (BTC) was trading near $63,167 at 09:20 Moscow time...

South Korea's KOSPI stock index has once again confirmed its bull market status, posting a gain of more than 20% from July lows. The key driver of this momentum has been a powerful recovery in memory chipmaker stocks, signaling a shift in sentiment across Asia's technology sector.
On Thursday, Sandisk (SNDK) shares surged 13.7% following the release of the company's ambitious long-term forecast...

OKX's native Layer 2 network, X Layer, has made a rapid leap, capturing over 80% of the blockchain turnover of the tokenized stocks platform xStocks in just four weeks. This surge is not just statistics, but a marker of a paradigm shift in how centralized exchanges integrate on-chain infrastructure into their products.
At the beginning of the month, X Layer's share of xStocks turnover was practically zero...

Large-scale operational measures continue for the second day at Moscow's legendary Gorbushka market. According to my information, the investigative actions are linked to the activities of underground digital currency exchange points operating under the cover of retail pavilions.
What is happening on the complex's territory Security forces are working directly in the pavilions and service areas of the shopping center...

American company FG Nexus, whose shares are traded on the Nasdaq exchange, has made a radical decision: to completely abandon digital assets and shut down its Ethereum strategy. This happened less than a year after its launch, indicating a serious reassessment of the market and internal risks.
At the peak of its involvement in the crypto industry, the firm managed an impressive portfolio of 50,000 ETH — an amount equivalent to tens of millions of dollars...

The public Bitcoin mining sector is undergoing a structural transformation. Over the past three quarters, the realized hashrate of the largest listed companies (excluding Bitdeer) has declined by 21.2% — from 368.3 EH/s in Q4 2025 to 319.0 EH/s in Q2 2026. This is not just a correction, but a deliberate dismantling of capacity in favor of alternative directions.
The key driver is the massive transfer of computing resources to AI and HPC infrastructure...

A significant loss of funds occurred on the Hyperliquid platform: a trader lost approximately $550,000 in USDC after clicking a malicious link placed in Google ad results. The incident once again demonstrates that even experienced users of decentralized exchanges remain vulnerable to classic social engineering methods.
Attack Mechanics The attackers created a fake website that fully mimicked the Hyperliquid interface...

On August 12, U.S. President Donald Trump signed a memorandum that dramatically expands the capabilities to combat transnational cybercrime. Now, certified private companies will gain the right to participate in offensive cyber operations against foreign criminal groups, but only under strict oversight by federal authorities. This is a step that I assess as a historic shift in the paradigm of interaction between the state and business in the digital sphere...