Supply pressure in the crypto market is intensifying amid rising inflows from large investors and continued weak spot demand. This was noted by contributors from CryptoQuant and analysts at XWIN Japan. According to their observations, the structure of the bitcoin market is beginning to change. Experts recorded an increase in the Whale Inflow Ratio on […]
Miners sold billions of dollars’ worth of coins to shift into AI infrastructure, AI models proved useful on both sides of cyberattacks, Moscow law enforcement searched “Gorbushka,” and other stories from the week. Bitcoin revisits early‑August lows The week reversed July’s rebound. On August 14, bitcoin fell below $63,000 and returned to early‑month levels, even […]
In the past six months, downloads of Alibaba’s Qwen AI models have exceeded 3 billion, according to a company statement cited by Bloomberg. The Chinese corporation has made over 460 neural networks publicly available, from which developers have created 300,000 derivatives. Insights from Hugging Face Data A day before Bloomberg’s publication, Hugging Face released a […]
On August 16, hardware crypto wallet manufacturer SafePal disclosed a data breach affecting approximately 39,798 users. Names, delivery addresses, phone numbers, emails, and order details were exposed to third parties. The incident did not compromise seed phrases, private keys, passwords, bank details, card numbers, or documents, as SafePal does not collect or store such information. […]
Apple, in collaboration with Alibaba, has developed a large language model specifically for the Chinese market, according to Reuters, citing three sources. Details About the Model The sources did not disclose the model’s name or specifications. They noted that this is the first time Apple has independently trained an AI system for Beijing, having previously […]
The French tax authority (DGFiP) confirmed the theft of data from 678,000 taxpayers. The hacker stole information on incomes, as well as addresses and property sizes, the agency stated. What Happened The perpetrator attacked the DGFiP’s information system in June–July 2026, using credentials from a tax office employee and an external contractor. According to the […]
On August 14, Israel’s Bank Leumi announced a partnership with Galaxy Digital, enabling clients of the bank and its mobile division PEPPER to trade Bitcoin, Ethereum, and Solana. Digital assets will be accessible through a secure section in the Leumi Trade app. According to the press release, the service will launch in early 2027. Galaxy […]
Etherealize co-founder and CEO Vivek Raman criticized Wall Street’s growing interest in private blockchains with restricted access in an interview with CoinDesk. Raman stated that consortium networks fragment liquidity and revert the industry to isolated systems, which blockchain was meant to eliminate. He described this new wave of projects as a “race to the bottom.” […]
Hackers stole at least 1,778.84 BTC ($112.7 million) by exploiting vulnerabilities in Coldcard hardware wallets. No new incidents have been recorded since August 6, Galaxy Research said. New incidents of hackers exploiting vulnerabilities in the Coldcard hardware wallet have abated, though the tally of losses continues to climb as new victims come forward.https://t.co/Q1X191mcGi — Galaxy […]
This week, “Deconstruction” focuses on Russian banks’ demands on crypto companies, Tether’s first independent audit, the threat of Solana blockchain halting, rising computation costs in the AI industry, and Bitcoin’s positioning issues. Crypto Company Checks in Russia Russian banks have started demanding crypto companies to confirm their inclusion in a yet-to-be-established Central Bank registry. This […]