The Polylog Global Intelligence Brief

Crypto · past 30 days

Digital assets beyond the price chart: protocols and upgrades, stablecoins and the money layer, exploits and their root causes, and the regulation shaping where the industry can operate.

Crypto

Ripple-Backed XRP Treasury Company Clears the SEC and Sets a September 30 Shareholder Vote

Evernorth's merger with a listed shell company would put a token-holding balance sheet on Nasdaq under the ticker XRPN.

1 source

Crypto

Bitcoin Holds Near $79,000 After a 23% Week as Sentiment Gauge Reaches 74

The same measure sat at 27 less than two weeks ago, and spot exchange-traded funds took in $1.92 billion over the past week.

3 sources

Crypto

Bitcoin Holds Above $77,000 After Its Largest Weekly Gain in Two Years

XRP rose 46 percent over the same week as traders positioned for Kevin Warsh's first Jackson Hole address on Friday, while Russia's central bank told households to stay out of mining.

2 sources

Crypto

A Second Crypto Executive Vanishes in Europe as Bitcoin Posts a 22 Percent Week

Four years after the founder of a European exchange disappeared, his successor has too, and the unresolved collapse illustrates why custody risk keeps returning during price rallies.

2 sources
Corroborated

Crypto

Bitcoin Tops $69,000 and Ether Gains 18% After the Treasury Enlarges Its Bond Buybacks

Traders who had bet against digital assets lost about $2.74 billion in a single day, the largest short-side liquidation CoinDesk records outside the October 2025 crash.

3 sources

Crypto

Bitcoin Holds Above $64,000 as Miners Divert a Fifth of Their Computing Power to AI

Listed miners outside one expanding operator cut realised hashrate 21 percent in six months, while Moscow banned mining outright from August 15.

2 sources

Crypto

Bitcoin Recovers Above $64,000 in Asian Trading After Every Major Token Fell Over the Week

XRP slipped to about $1 while futures open interest in the token reached $2.78 billion, with traders on Binance and OKX positioned long against social sentiment at a three-month low.

2 sources

Crypto

Bitcoin Trades Below 63,000 Dollars While Gold Sits Near Its Highs

The digital asset has fallen roughly a third from about 93,000 dollars at the start of the year, and it declined again in the week that inflation data cooled.

3 sources

Crypto

Bitcoin Slips Below $63,000 While Gold Holds Near Records, Separating the Two Hard-Money Trades

The largest cryptocurrency fell about 0.9 per cent on Friday as regulatory work on tokenisation stalled, even as a war-driven energy shock lifted commodity prices.

3 sources

Crypto

Dogecoin futures positioning has returned to October 2025 levels while the price sits 70% lower

More than three accounts hold long positions expecting a rebound for every one holding a short position, a ratio that leaves the trade crowded on one side.

2 sources

Crypto

Bitcoin Stalls Near $64,000 While a Cross-Chain Bridge Loses $200,000 to Fake Deposits

The attacker minted unbacked XRP on another blockchain and swapped it for real tokens held in reserve, in a week when the digital asset is trading about 49 percent below its October 2025 high.

3 sources

Crypto

US Securities Regulator Schedules Vote on First Major Crypto Rulemaking as Bitcoin Slips Below $65,000

Wallets holding more than 10,000 bitcoin reached 90, the most in six months, even as smaller tokens led losses across the market.

2 sources

Crypto

Bitcoin Holds Above $65,000 While XRP Falls, and Gold Recovers Toward $4,360

Bitcoin, ether and BNB each gained close to 3 percent over the week as XRP lost 5 percent, showing that digital assets are not all moving together.

3 sources

Crypto

A breakaway bitcoin chain mined two blocks and stopped, ending the BIP-110 fork attempt

Miner support for the proposal reached 2.53 percent against a 55 percent threshold, leaving the minority chain 26 blocks behind the main network.

3 sources

Crypto

Bitcoin Developers Warn That Selling Coins From This Weekend's Contested Fork Could Cost Holders Real Bitcoin

Mandatory signaling for the BIP-110 (Bitcoin Improvement Proposal 110) soft fork begins near block 961,632 around August 9, with actual miner support collapsing to roughly 2.5 percent, far below the 7-to-15 percent range projected earlier, and without replay protection, selling coins from a minority chain risks also moving the same coins on the main chain.

3 sources
CorroboratedUpdated

Crypto

Bitcoin Holds Above $64,000 While Ether Trades Below What Holders Paid

CryptoQuant reports quiet accumulation of XRP by large holders as the United States Senate leaves the Digital Asset Market Clarity Act unscheduled before its summer recess.

3 sources

Crypto

Gold Near $4,278 and Silver Above $62 While Bitcoin Sits Around $64,800

Digital assets are diverging from the metals, with ether trading below the average price at which coins last moved and the Senate leaving its crypto market bill unfinished before recess.

4 sources

Crypto

Bitcoin holds near $64,300 and gold near $4,100 while equities set records

US spot bitcoin exchange-traded funds took in more than $170 million on August 4, yet the hard-money complex is not participating in the equity rally.

3 sources

Crypto

Long-dormant bitcoin wallets keep moving after a hardware wallet flaw drained about $89 million

Galaxy Research now counts 1,596 bitcoin stolen from about 7,300 addresses, more than $100 million, and says a suspected fourth wave could take the total to roughly $130 million.

2 sources
Updated

Crypto

Wall Street Moves to Put Markets on the Blockchain

Financial firms are adopting the technology to modernize trading and settlement, even as regulators and analysts warn the shift concentrates new systemic risks.

1 source

Crypto

Hardware Wallet Flaw Drains 594 Bitcoin in a 25-Minute Sweep

A flawed random-number process made supposedly unguessable wallet keys guessable, exposing about $38 million held in self-custody.

2 sources

Crypto

An AI System Weakened a Cryptographic Scheme in 60 Hours, Testing Bitcoin's Quantum Plans

The affected system is not used by Bitcoin, but the speed of the attack raises questions about the timeline developers have to move to quantum-resistant cryptography.

1 source