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y0 CRYPTO News Digest - Wednesday, August 12, 2026

Tuesday, August 11, 202615 articles1 recipient

y0 News CRYPTO

Wednesday, August 12, 2026

neutral general Importance: 5/10
Bitwise cuts 14% of jobs as BITW assets fall 31% in 2026

Bitwise Asset Management has cut 14% of its workforce, reducing its global team to about 155 employees as the crypto asset manager operates through a prolonged market downturn. According to recent media reporting Bitwise CEO Hunter Horsley confirmed the layoffs…

neutral general Importance: 5/10
Metaplanet moves 3,881 BTC as paper loss nears $1.4B

Metaplanet moved 3,881 BTC worth about $247 million from tracked wallets as Bitcoin traded near $63,600, with no sale confirmed.

$BTC
neutral general Importance: 5/10
SEC Poised to Unveil Two Major Crypto Initiatives

The U.S. Securities and Exchange Commission is preparing to roll out two major crypto initiatives as Congress struggles to advance the Clarity Act.

neutral general Importance: 5/10
Trump asserts US has “total control” over Hormuz Strait amid Iran tensions

Increased U.S. assertiveness in Hormuz may hinder diplomatic resolutions, impacting global energy markets and regional stability. The post Trump asserts US has “total control” over Hormuz Strait amid Iran tensions appeared first on Crypto Briefing.

neutral general Importance: 5/10
Live updates: Bitcoin at $63,600 as Japan's Metaplanet moves 3,881 BTC between wallets

Blockchain data shows the Japanese treasury firm moved the bitcoin between wallets it controls, not to an exchange, so the transfer isn't a sale despite its $1.4 billion paper loss.

$BTC
neutral general Importance: 5/10
California Man Accused of Draining Elderly Retiree’s Crypto Account of Nearly $100,000

A 26-year-old California man allegedly stole over $97,000 from an 89-year-old retiree by resetting his Coinbase password after meeting at a breakfast club; he faces elder abuse and theft charges following a multi-agency probe. The post California Man Accused of Draining Elderly Retiree’s Crypto Account of Nearly $100,000 appeared first on The Daily Hodl.

neutral general Importance: 5/10
Erebor Bank nears $1.5B raise at $8B pre-money valuation

Erebor Bank is reportedly nearing a $1.5B raise at an $8B pre-money valuation after deposits reached $4.6B by July, months after U.S. approval.

neutral general Importance: 5/10
Xora Finance Brings Native Stellar Settlement To XRP Ledger

Xora Finance has enabled native Stellar settlement on the XRP Ledger, creating a new link between the XLM and XRPL ecosystems without relying on wrapped assets.

$XRP
neutral general Importance: 5/10
Ravencoin drops to record low as miners move to reverse exploited chain

Ravencoin has fallen to a record low after an exploited consensus vulnerability put several days of RVN transactions at risk and led exchanges to suspend deposits and withdrawals. According to CoinGecko, Ravencoin fell to $0.002754 on Wednesday, about 22% below…

neutral general Importance: 5/10
Solana (SOL) Sees Strongest ETF Inflows in 3 Months Amid MoneyGram Integration

Solana (SOL) ETF inflows reach $8.8M, the strongest since May, as MoneyGram extends cash-to-crypto Ramps to the Solana ecosystem globally. The post Solana (SOL) Sees Strongest ETF Inflows in 3 Months Amid MoneyGram Integration appeared first on Blockonomi.

$SOL
neutral general Importance: 5/10
Ripple extends NYU Abu Dhabi blockchain research to 2027

Ripple renews its NYU Abu Dhabi blockchain research partnership through 2027, supporting Volta, fintech education and XRP Ledger research.

$XRP
neutral general Importance: 5/10
Harmony confirms exploit involving unauthorized minting of 4 billion ONE tokens

X user Juiceberg reported earlier that an attacker had minted four billion ONE tokens without authorization.

neutral general Importance: 5/10
Keel Infrastructure Shuts US Bitcoin Mining Sites In Shift Toward AI Data Centers

Keel Infrastructure has decommissioned all of its US Bitcoin mining sites as it repurposes those locations for AI and high-performance computing workloads.

$BTC
neutral general Importance: 5/10
Bitcoin price holds near $64K as DOGE gains 3% before CPI

Bitcoin trades near $63,700 as DOGE and BNB rise, HYPE slips, and traders await July U.S. CPI while Brent crude approaches $90 on Wednesday.

$BTC$BNB$DOGE
neutral general Importance: 5/10
Stablecoin-Backed Card Transactions Surpass $1 Billion Monthly Milestone for First Time

Stablecoin card spending reached $1.03 billion in July 2025, a 200% increase from last year. Jupiter's USDC Visa card drove significant growth globally. The post Stablecoin-Backed Card Transactions Surpass $1 Billion Monthly Milestone for First Time appeared first on Blockonomi.

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