Crypto news

On August 13, a double announcement took place that set a new direction in the development of generative AI. Google introduced the Gemini 3.7 Flash model, while OpenAI announced the Ultrafast mode for its GPT-5.6 Sol. Both companies are clearly betting on speed and efficiency, which is critical for tasks involving code and autonomous AI agents.
What's new in Gemini 3.7 Flash Google positions Gemini 3...

The largest American bank, JPMorgan, has decided to cease servicing the prediction platform Polymarket. This happened back in October 2025, when the financial giant demanded that the project find an alternative lender. The reason is the growing regulatory risks associated with Polymarket's operations in the U.S. jurisdiction.
As of today, Polymarket has already switched to servicing with another financial organization, but cooperation with JPMorgan has not been completely terminated...

Chinese technology startup Z.ai has officially announced the release of its new language model, GLM-5.3. This update marks a significant step forward in programming, agentic scenarios, and vulnerability discovery, strengthening the company's position in the AI solutions market.
Evolution Without Architecture Change The key feature of the release is an impressive performance gain achieved solely through post-training, without altering the underlying architecture...

Figure: dominance in on-chain lending The lending blockchain platform Figure posted impressive results for the second quarter of 2026. Consumer lending volume reached $4.26 billion, up 132% year-over-year and 47% from the previous quarter. The company significantly exceeded its own forecast of $3.8–4.1 billion, signaling rapid adoption of on-chain infrastructure by the traditional financial sector...

Nasdaq-listed company FG Nexus has made a radical decision: to fully exit digital assets and wind down its Ethereum strategy, which lasted less than a year. This is a striking example of how even institutional players are not immune to cryptocurrency market volatility and are forced to lock in significant losses.
At the peak of its entry into the industry, the fund managed 50,000 ETH. However, reality proved harsh: in the first half of the year, token sales brought in only $60...

Capital management and profit-taking questions have always been at the center of attention for any trader, but in the context of digital assets, the withdrawal procedure takes on a particular specificity. This is not just a technical operation, but a strategic element on which the efficiency of your trading system and the safety of your capital directly depend.
Technical nuances and transaction speed Unlike traditional bank transfers, cryptocurrency transactions require accounting for many variables...

In the world of digital assets, capital management is not just a technical routine, but a strategic tool that determines the efficiency of the entire investment activity. The operation of topping up a balance, which many perceive as a trivial action, actually requires a deliberate approach and an understanding of market conditions.
Why timely account top-up is more than just a transfer of funds Every experienced trader knows: the moment of entering a position is often more important than the direction of price movement...

In the world of cryptocurrencies, automation is often perceived as a panacea for all ills, but sometimes it turns into a disaster. On August 12, a transaction was recorded in block 962,142 that makes one think about the reliability of even the most well-thought-out algorithms. The owner of a bitcoin wallet, trying to speed up a transfer, ended up paying miners a fee of 1.6 BTC — about $102,778 at the current exchange rate...

The issuer of the largest stablecoin USDT, Tether, has reached a historic milestone in its operations. For the first time in the project's entire history, a full-scale financial audit was conducted, initiated by one of the world's leading audit firms — KPMG. The result was impeccable: the auditors issued a "clean" opinion, confirming the accuracy of the company's financial statements for 2025.
Details of the review and key indicators The audit covered Tether International, S...

The U.S. Presidential Administration has announced a closed-door summit with key players in the cryptocurrency market and operators of platforms for trading event outcome contracts. The event is scheduled for next Wednesday, and, according to my information, this is just the tip of the iceberg in a series of events that could radically change the regulatory landscape for digital assets.
The guest list has not yet been finalized, but it is clear that not only industry giants but also representatives of traditional financial institutions will gather around one table...

While most market participants were resting, several landmark events occurred in the crypto industry that could shape sentiment for the coming weeks. From the largest bank severing ties with a popular prediction platform to an unexpected move by a sovereign investor, I break down the key moments.
Market in numbers: sideways movement and targeted moves Bitcoin (BTC) was trading around $63,167 by 09:20 Moscow time...

South Korea's KOSPI stock index has confidently recovered, gaining more than 20% from July lows and re-entering a bull market phase. The key driver of this turnaround has been a powerful resurgence in the memory chip manufacturing sector, which has set the tone for the entire Asian market.
Sandisk's Optimism Inspires the Market The catalyst for the rally was the actions of American company Sandisk (SNDK)...

On August 13, a double blow hit the artificial intelligence market: Google announced the Gemini 3.7 Flash model, while OpenAI introduced a revolutionary Ultrafast mode for GPT-5.6 Sol. Both developments target a critically important segment—high-speed execution of tasks related to programming and autonomous AI agents.
Gemini 3.7 Flash: A Bet on Efficiency and Cost Savings Google's new model is positioned as a workhorse for the corporate sector and developers...

Financial giant JPMorgan has decided to cease banking services for the prediction platform Polymarket. This happened back in October 2025, when the bank notified the project of the need to find an alternative lender. The reason is growing regulatory risks associated with Polymarket's activities in the event betting segment.
As of today, Polymarket has already switched to services at another financial institution...

Chinese startup Z.ai has officially unveiled its GLM-5.3 language model, betting on significant improvements in programming, agentic scenarios, and vulnerability discovery. This update is positioned as a response to the growing demands on AI systems in software development and cybersecurity.
Key improvements and benchmarks Z.ai emphasizes that the performance gains were achieved solely through post-training, without changing the underlying architecture, which sets this release apart from previous iterations...

The second quarter of 2026 was a landmark period for the blockchain platform Figure: the volume of consumer credit transactions reached $4.26 billion, up 132% year-over-year and 47% from the previous quarter. The company not only exceeded its own forecast of $3.8–4.1 billion but also confirmed its status as one of the key players in the on-chain lending segment. This metric includes both loans issued through Figure's infrastructure and loans from third-party organizations traded on the Figure Connect marketplace, which posted $1...

FG Nexus, a company traded on the Nasdaq exchange, has made a radical decision: to completely abandon cryptocurrency assets and wind down its Ethereum strategy. This move came as a complete surprise to the market, especially given that just recently the company was betting on digital gold as a key element of its investment portfolio. Less than a year after launching the initiative, the firm liquidated all positions...

The issue of withdrawing funds is not just a technical procedure, but a fundamental element of capital management strategy for any participant in the crypto market. In conditions of high volatility and constantly changing regulatory rules, understanding the mechanics and risks of this process becomes a critically important skill.
Main channels and their specifics Today, there are several main ways to withdraw digital assets...

Balance top-up is a basic but critically important operation for any participant in the digital asset market. The correctness of this step affects not only the transaction speed but also the safety of your funds. In my practice, I have repeatedly encountered situations where carelessness at this stage led to the loss of deposits.
Main ways to fund your account Today, there are several standard methods for depositing funds into an exchange or custodial wallet...

In the world of cryptocurrencies, automation is a double-edged sword. Another incident has confirmed this: a bitcoin wallet owner lost over $102,000 (1.6 BTC) in transaction fees for a transaction that never reached its destination. The funds were deducted, but the recipient did not receive a single satoshi.
The incident occurred on August 12 and was recorded in block 962,142. Blockchain data analysis shows that 160,343,885 satoshis entered the transaction, and the entire amount went to miners...

The KPMG US audit has become a landmark event for the entire stablecoin market. For the first time in its history, USDT issuer received an unqualified ("clean") audit opinion on its financial statements for 2025. This is not just a formality, but a crucial step toward legitimization in the eyes of institutional investors.
The audited statements demonstrate the company's solid position: as of December 31, 2025, Tether's aggregate reserves exceeded liabilities by $6...

Washington is gearing up for a landmark event: next week, leaders of major cryptocurrency companies and prediction market operators will gather at the White House. According to my information, the meeting is scheduled for Wednesday, although the final guest list has not yet been confirmed. Representatives from the traditional financial sector are also expected to join the discussion, underscoring the growing intersection of digital assets with conventional markets...

While the market consolidated in narrow ranges, events were unfolding in the shadows that will shape the contours of the industry for months to come. Financial giant JPMorgan finally severed its banking relationship with the prediction platform Polymarket back in October of last year, citing regulatory risks. This did not become a public drama — the parties maintained business contacts, and Polymarket itself quickly found a new banking partner...

The South Korean stock index KOSPI has confidently returned to a bull market phase, showing an impressive gain of more than 20% from July lows. The key driver of this powerful rally was the recovery of global memory and semiconductor manufacturer stocks, signaling a resurgence in global chip demand.
Sandisk Breakthrough: New Strategy Inspired Investors The spark that ignited the market came from Sandisk (SNDK)...

An important infrastructure shift is brewing in the Ethereum ecosystem. The development team has decided to abandon plans to use exclusively the Poseidon2 hash function as the foundation for the post-quantum validator key registry. This is not a spontaneous move, but rather the result of deep cryptanalysis that uncovered potential weaknesses in the class of algebraic hash functions to which Poseidon2 belongs...

Competition in the artificial intelligence market has reached a new level of speed. On August 13, two tech giants unveiled their ultra-fast solutions: Google introduced the Gemini 3.7 Flash model, while OpenAI announced the Ultrafast mode for GPT-5.6 Sol. Both developments target the segment where response time is critical—programming and autonomous AI agent operations.
Gemini 3.7 Flash: A Focus on Efficiency and Cost Savings Google positions the new release as a tool for automating business processes and coding...

American banking giant JPMorgan notified the decentralized prediction platform Polymarket back in October 2025 of the termination of its services. The reason is growing regulatory risks associated with the project's activities in the U.S. jurisdiction. This decision was made amid increasing pressure from supervisory authorities on the prediction market, where bets on political events are of particular concern...

Chinese startup Z.ai has released an updated language model, GLM-5.3, marking a significant step forward in programming, agentic scenarios, and vulnerability discovery. Unlike previous iterations, the performance gains here were achieved exclusively through post-training, without changing the underlying architecture. This is an intriguing approach that demonstrates the potential of existing models is far from exhausted...

The second quarter of 2026 proved to be a landmark period for the lending blockchain platform Figure. The company reported consumer credit operations totaling $4.26 billion — a 132% increase year-over-year and 47% higher than first-quarter figures. The result exceeded the platform's own forecast of $3.8–4.1 billion.
Key growth drivers for Figure The metric includes both loans issued through Figure's infrastructure and loans from third-party organizations traded on the Figure Connect marketplace...

The withdrawal operation is the final and, perhaps, the most critical stage of working with digital assets. It is at this step that users most often lose their savings, encountering blocks, technical failures, or fraudulent actions. In my practice, I have repeatedly observed how traders, who successfully completed the entire trading cycle, lost their profits due to carelessness during withdrawal.
Main risks when withdrawing funds First of all, it is important to understand that any withdrawal is an operation involving several systems: the exchange, the blockchain network, and the banking or payment provider...