befla – Page 58 – BEFLA

Treasury just put a deadline on offshore stablecoins’ access to US customers

2026-08-22, 11:25 AM by befla

By July 18, 2028, a stablecoin could still move freely across blockchains and yet disappear from the buy menu on an American exchange. Under the Treasury Department’s proposed GENIUS Act rules, a digital asset service provider wouldn’t be able to offer or sell a payment stablecoin to someone in the United States from that date … Read more

MANTRA Chain stays offline after exploit as Aug. 21 restart hinges on patch test

2026-08-22, 1:25 AM by befla

MANTRA Chain remained halted on Aug. 21 after the team said an attacker exploited a vulnerability in an upstream dependency. Transactions, transfers, and staking are unavailable while the mainnet is paused. MANTRA identified the vulnerable software only as an upstream dependency. In its official incident record, the team said it was tracing fund movements, working … Read more

Bitcoin is closing in on $80,000 and already destroyed a record $4 billion in short bets

2026-08-21, 9:25 PM by befla

Bitcoin surged toward $80,000 on Friday, extending a three-day rally that has liquidated more than $4 billion in bearish bets and pushed the cryptocurrency to a three-month high. Data from CryptoSlate shows Bitcoin climbed as high as $78,449, gaining more than 10% over the past 24 hours before easing to $77,873 as of press time. … Read more

Bitcoin blasts past $72,000 as Trump, Treasury buybacks wipe out $3.1B in shorts

2026-08-21, 9:25 PM by befla

Bitcoin surged above $70,000 for the first time since June as falling Treasury yields and Washington’s crypto push crushed bearish bets. Data from CryptoSlate shows that BTC extended its breakout above $72,000 on Thursday, taking its gain since Monday to roughly 15%. It has climbed to $72,207 as of press time. Blockchain analysis firm Glassnode … Read more

Bitcoin flashes 8 capitulation signals, but traders just spent $552 million protecting against another crash

2026-08-21, 9:25 PM by befla

Bitcoin is showing some of the strongest capitulation signals of the current downturn, suggesting the selloff may be entering a later stage even as the market offers little evidence of an imminent rebound. Eight of the 12 indicators tracked by VanEck are currently flashing capitulation, while all 12 reached extreme levels at some point during … Read more

Bitcoin price hits $69,500 because US just doubled Treasury buybacks to crush long-term yields

2026-08-21, 9:25 PM by befla

Bitcoin and Ethereum surged above $69,500 and $2,000 on Wednesday after the US Treasury doubled planned buybacks of long-dated government debt. On Aug. 19, the Treasury Department said it will raise the maximum size of its liquidity-support operations for 10- to 20-year and 20- to 30-year securities from $2 billion to at least $4 billion … Read more

A hidden divide inside the Fed could trigger a hawkish shock for Bitcoin at 2 PM today

2026-08-21, 9:25 PM by befla

Bitcoin heads into the Federal Reserve’s July meeting minutes, due Wednesday, Aug. 19, at 2 p.m. Eastern, with a question the policy statement could not answer: did pressure for higher rates stop with the three officials who dissented, or did it reach more broadly across meeting participants? The Bitcoin Fed minutes could clarify whether that … Read more

Unresolved $11 million liquidity crash leaves pools exposed as attacker still holds 20.83 BTC on Maya Protocol

2026-08-21, 9:25 PM by befla

The suspected Bitcoin address at the center of Maya Protocol’s Aug. 18 exploit still held about 20.8273 BTC with no outgoing spend on Aug. 21, while no published recovery plan accounted for the much larger estimated impact across the cross-chain liquidity protocol’s pools. Related Reading MAYAChain’s $1.36 million exploit spiraled into nearly $11 million of … Read more

US rule rewrite looms for $200B on-chain venue Hyperliquid as Trump signals onshore approval

2026-08-21, 2:25 PM by befla

President Donald Trump said Aug. 19 that CFTC Chair Michael Selig is working to bring Hyperliquid to the US in a fully compliant, legal way. Hyperliquid’s official interface currently keeps US persons off the platform, part of the regulatory geography that let crypto’s largest perpetual futures venue grow up outside American oversight. Hyperliquid processed over … Read more

SEC’s latest crypto rules only open a few of Wall Street’s ‘million doors’ – Bitwise CIO Matt Hougan

2026-08-21, 12:25 PM by befla

Bitwise CIO Matt Hougan doesn’t think Washington’s crypto-friendly turn is the moment that completely unlocks Wall Street. In an interview with CryptoSlate, he described the real barrier as something far less dramatic than a single landmark bill. The “brutal real answer” is that it comes down to a million small steps, and some of them … Read more