Crypto Weekly 8/16/26

- Crypto Market Cap ($2.23T): -2% / -27%
- BTC ($63,412): -1% / -28%
- ETH ($1,900): +1% / -36%
- SOL ($75): -1% / -39%
- HYPE ($59): +7% / +132%
- COIN ($148): 0% / -34%
- Tether Mkt Cap ($183B): 0% / -2%
- USDC Mkt Cap ($72B): -1% / -5%
- BTC / ETH Dominance: 57% / 10%

- A breach at one of Trezor’s fulfillment partners exposed personal data belonging to nearly 14k Trezor customers who purchased hardware wallets in the past 90 days. Link. Link. Link.

- The Bitcoin Red Team is using Chinese AI model Kimi K3 to search the entire open-source Bitcoin ecosystem for security flaws. Link.

- The SEC canceled a Friday meeting where it was expected to announce a safe harbor for early-stage token sales and a framework for issuing tokens without violating securities laws. Link. Link. Link.

- Pokémon cards are driving a new NFT speculation boom through “online Gacha” platforms which let users vault physical cards and issue corresponding NFTs. These platforms saw $290 million of primary and $695 million of secondary volumes in July. Link.

- The Trump family’s crypto venture World Liberty Financial received preliminary conditional approval to operate as a federally chartered national trust bank. Link.

- Nearly 40 firms tested how tokenized assets move through financial markets, completing dozens of transactions across various use cases, including collateral pledges and margin calls. JPMorgan, Goldman, and Citadel were among the groups trading stocks and Treasuries. Link.

- Roughly $15 billion worth of BTC moved to the ‘safety’ of exchanges and new wallets in the wake of last week’s $130 million Coldcard firmware exploit. Link.

- Fidelity filed with the SEC to add staking to its $900M spot Ethereum ETF, with rewards passed on to investors. Link. Link.

- A routing error at hosting provider Teraswitch knocked 29% of staked Solana offline, nearing the 33% threshold at which Solana stops finalizing transactions. Teraswitch hosts over 27% of staked SOL. Link. Report.

- Hawaii will ban crypto ATMs from accepting cash deposits starting October 1, in an effort to combat scams. Link.

- USDT stablecoin issuer Tether said it received a full, clean independent audit of its financial statements for the first time from KPMG. Link. Link. Link.

- A French couple who bought a former crypto millionaire’s house were tareted in three separate home invasions after the previous owners’ tax details and address were leaked onto the dark web. Link.

- Fintech Chime is exploring bringing stablecoins into its consumer banking platform. Link.

- Michael Saylor’s Strategy sold $108 million of Bitcoin and $653 million worth of common shares to bolster its cash reserve and repurchase some of its preferred shares. Link.

- Robinhood will offer crypto trading to users in the UK through Bitstamp. Link.

- Roughly 34% of all ETH is now staked, up from 29% at the start of the year. The recent proposed EIP-8361 would cut staking revenue as the percentage of staked ETH gets closer to 50%. Link.

- ENS tokenholders approved a governance overhaul that gives the ENS Foundation administrative control of its $65 million endowment and responsibility for off-chain operations. The DAO retains protocol-level authority and control of roughly 55% of ENS supply. Link.