The Polylog Crypto Intelligence Brief

Morning Edition · Wednesday, August 12, 2026

Crypto

Attacker Mints About 4 Billion Harmony ONE Tokens, Sending the Token Down 26 Percent

Harmony says it is working with exchanges to freeze the proceeds and preparing a software fix, four years after a bridge compromise cost the network roughly $100 million.

3 sources
Plausible

Crypto

Aztec Discloses a Second Consecutive Critical Flaw in the Proving System Behind Its Privacy Network

Core contributors found the Alpha V5 defect on July 27 through internal artificial-intelligence-assisted auditing, and validator re-execution, the fallback most rollups rely on, does not catch it.

3 sources
Corroborated

Crypto

US Regulators Move to Write Crypto Rules Themselves After the Senate Leaves the Market-Structure Bill Unfinished

The Securities and Exchange Commission votes Friday on a tailored offering regime for crypto assets, the Commodity Futures Trading Commission says it will proceed regardless, and the bank regulator has opened the charter door.

5 sources
Corroborated

Crypto

Coreum Bridge Loses Nearly 200,000 XRP After Its Relayer Software Credited Fake Deposits

The attacker moved the bridge's own token between two wallets he controlled with a deposit label attached, then withdrew real XRP through the normal path over 97 minutes.

3 sources
Corroborated

Crypto

Casa Says 233,000 Bitcoin Moved to New Storage After the Coldcard Firmware Flaw

Chief executive Nick Neuman puts the defensive migration at between ten and one hundred times the roughly 1,816 bitcoin the attackers took.

3 sources
Plausible

Crypto

Bitcoin Core Contributors Remove Luke Dashjr as Proposal Editor After His Data-Limit Fork Drew 2.53 Percent of Miners

The August 10 removal followed a mandatory signalling period in which the minority chain produced two blocks and stopped, and Dashjr says the contributors had no authority to remove him.

3 sources
Corroborated

Geopolitics

Bank of Russia Names Bitcoin, Ether and Tether for Trading on Licensed Domestic Exchanges

Non-qualified investors would be capped at 300,000 rubles of purchases per year per intermediary and must pass a knowledge test, with public comment open until August 24.

3 sources
Corroborated

Crypto

Miden Pitches Configurable Compliance as the Missing Piece of Private On-Chain Finance

The privacy-first network, spun out of Polygon Labs, keeps account state on the user's device and is building recovery, multisignature and policy controls on top of it ahead of a mainnet planned for this year.

3 sources
Plausible

Crypto

Blockstream Launches Atomic Swaps Days After Boltz Shut Down, Citing Automated Attacks

Boltz suspended all swap services on August 3, saying attackers using artificial-intelligence tooling were finding bugs faster than a team its size could patch them.

3 sources
Corroborated

Markets

Strategy Holds a $4.6 Billion Cash Buffer and Says It Will Resume Bitcoin Purchases This Year

The reserve covers close to three years of dollar obligations, which is what keeps any bitcoin sales voluntary rather than forced.

4 sources
Plausible

Markets

Nasdaq Buys an Off-Exchange Venue and Brazil's Largest Bank Tests Tokenized Bonds

Nasdaq will fold LeveL Markets into its Digital Liquidity Networks unit, while Itaú Unibanco pilots tokenized bonds and funds under a programme run by Brazil's capital-markets association.

3 sources

Crypto

Bitcoin Trades Near $63,700 Before Wednesday's Inflation Report as a Small Spot Fund Winds Down

Dogecoin and BNB gained while bitcoin was the only major asset lower on both the day and the week, and Hashdex will stop trading its bitcoin fund after the August 17 close.

4 sources