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One of the exchange’s founders said the Chinese-language account had been compromised and was not being operated by current employees. BitMart’s Chinese-language account has demanded answers from founders Sheldon Lee and Yi Li over frozen user funds and unpaid employee salaries, giving them until August 19 to respond publicly. The statement also calls for verifiable asset disclosures and a detailed repayment plan as questions grow over what happened to funds held on the exchange. BitMart Faces Questions Over User Funds and Withdrawals In a post published on August 17, the account said many users still cannot withdraw their funds, while…

The EU just handed regulators a new weapon. Its 21st sanctions package against Russia, passed July 23, lets authorities block crypto platforms operating in countries that help Russian nationals dodge restrictions — a significant escalation in how the bloc polices digital assets globally. The package is dense. Four new designations hit the A7 Russian ruble network directly. On top of that, 14 crypto service platforms across Georgia, Panama, the UAE, and several other countries now face specific transaction bans. And starting August 25, Russian and Belarusian nationals can’t own, control, or hold positions in any EU-based crypto service provider. That’s…

Bitmine owns 4.8% of the total ETH coin supply of 120.7 million Bitmine is 96% of the way to the ‘Alchemy of 5%’ in just 14 months In July, ETH outperformed Nasdaq 100 by 2,500 basis points, the largest since July 2025, reflective of the strengthening fundamentals of crypto Bitmine repurchased 1.7 million shares of common stock in the past week, and has repurchased over 20.8 million shares cumulatively since July 2026 under its previously announced $4 billion share repurchase program Bitmine was added to the Russell 1000 Large-cap index on June 26, 2026 Bitmine’s Series A Preferred Stock is…

Miami, Florida, USA, August 16th, 2026, PlayNewswire BiggerZ is strengthening its position as a fairness-first betting platform, bringing casino gaming, sports betting and prediction markets together under one account while making transparency, verifiability and clearly defined rules central to the player experience. As online betting platforms expand across crypto, casino gaming, sports and prediction markets, BiggerZ is taking a different approach to how these products are presented to players: fairness should be explained rather than simply claimed. The platform’s approach is built around four principles – transparency, clarity, verifiability and defined rules – applied at the moments where players would…

Ever since bitcoin started to lose value rapidly and consistently in Q4 last year, the main question within the cryptocurrency community is how low it can go. The next one was: when and where it will bottom out. Analysts began speculating after each leg down. At first, it was $60,000 when BTC dipped to that level in February. Months later, though, it crashed to $59,000, $58,000, and even slightly below that on July 1. As such, the bottom figures have slightly changed. Now, popular analyst Rekt Fencer brought some historical figures to outline the exact date. October 2026: Here We…

President Donald Trump is expected to be in attendance when the administration’s new innovation committee — a crowd of crypto CEOs and leaders of prediction market and AI companies — sits for a White House meeting on Wednesday, said people briefed on the planning.The chief executives of companies such as Coinbase, Ripple, Gemini, Robinhood, Polymarket and Kalshi are members of the new Innovation Advisory Committee at the Commodity Futures Trading Commission, but before they attend their first committee meeting on Thursday, the crypto CEOs will gather for the White House meeting, said the people, who asked not to be named,…

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Cointelegraph is committed to providing independent, high-quality journalism across the crypto, blockchain, AI, and fintech industries.All news, reviews, and analyses are produced with full journalistic independence and integrity. For more details on our standards and processes, please read our Editorial Policy.

Gen Z traders on Binance are allocating a growing share of their equity activity to exchange-traded funds (ETFs), with the products accounting for 25% of the cohort’s trading volume in early August, according to Binance Research.ETFs accounted for 21.9% of Gen Z net equity inflows in July, up from 18.5% in June, while the share going to individual stocks fell to 74.2% from 77%.The analysis examined activity across direct equities, tokenized stocks and traditional finance perpetuals, comparing Gen Z accounts with Millennials, Gen X and Baby Boomers on measures including trading frequency, net flows and leverage use.The younger cohort traded…

Institutional XRP exposure remains steady despite the choppy price action. XRP has shed more than 10% over the past week as its struggle near $1 continues. This downward pressure has pushed the crypto asset’s yearly losses to almost 70%. Despite the negative sentiment, institutional participation appears to be intact, as several firms continue to use exchange-traded products to gain exposure to XRP. Institutions Remain Unfazed Morgan Stanley has disclosed its XRP exposure in the second quarter of 2026. The Wall Street giant holds positions through three XRP-linked exchange-traded funds: Franklin, REX-Osprey, and Bitwise ETF. Its largest position was in the…