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Charles Schwab brings Bitcoin and Ether trading to its retail platform
Charles Schwab has integrated direct Bitcoin and Ether trading into its retail brokerage, charging a 0.75% transaction fee. This move incorporates digital assets into a financial ecosystem managing $13.1 trillion in client assets, positioning the firm to capture demand from millions of active brokerage accounts seeking consolidated investment management.
US Treasury Removes Beneficial Ownership Reporting for Domestic Firms
The U.S. Department of the Treasury has finalized a rule permanently exempting domestic companies and individuals from beneficial ownership reporting requirements under the Corporate Transparency Act. This decision marks a significant shift in federal regulatory policy, effectively reversing a mandate introduced at the start of 2025 by the previous administration.
MSF: Israel’s Blockade of Vital Supplies in Gaza is Designed to Attrition
A policy of attrition by design is how Doctors Without Borders (MSF) describes the Israeli government’s ongoing restriction of engine oil and generator parts entering Gaza. Humanitarian teams report that these shortages are crippling hospitals, water transport, and food production, rendering the survival of the civilian population increasingly untenable.
Copper enters US market with SEC-registered broker-dealer status
Copper Markets (US) Inc. has secured registration as an SEC broker-dealer and FINRA member, marking the infrastructure firm’s official expansion into the American institutional market. This regulatory milestone allows the company to provide a suite of services, including qualified custody, staking, and OTC trading, within a domestic securities framework.
SEC Clears Franklin Templeton Funds to Hold Tokenized Assets
The U.S. Securities and Exchange Commission has granted Franklin Templeton a no-action letter, allowing its registered mutual funds and ETFs to invest in the firm’s blockchain-based OnChain U.S. Government Money Fund, known as FOBXX, despite legacy custody rules designed for physical securities.
Hyperliquid Cuts Barrier to Low-Latency Data Access
Hyperliquid has opened its Foundation-operated low-latency data nodes to qualified third-party infrastructure providers, effectively replacing high staking requirements with a standardized monthly fee. Under the new model, firms can access critical market data for under $1,000, creating a more accessible path for developers and smaller trading teams.
Mirae Asset pumps 50 billion won into Digital X following Korbit buyout
Less than a month after finalizing its takeover of the Korbit crypto exchange, Mirae Asset Group is injecting 50 billion won—roughly $35 million—into the operator, Digital X. The move aims to stabilize the firm’s finances following a year marked by significant operating losses and increased market competition.
Zoomsday exploit turns Zoom meetings into zero-click attack vectors
A newly disclosed set of vulnerabilities, dubbed Zoomsday, allows attackers to seize control of a target's device during a Zoom call without requiring any user interaction. By exploiting the platform’s annotation system, hackers can bypass traditional social engineering, posing a severe threat to high-profile cryptocurrency users.
South Korea Overhauls Oversight of Overseas Crypto Transfers
South Korean regulators have finalized a risk-based framework for domestic crypto transfers to overseas platforms and self-hosted wallets, moving away from rigid transaction ceilings. Approved by the Cabinet on August 11, the new rules mandate that virtual asset service providers implement internal monitoring for transfers exceeding 10 million won.
BitGo Revenue Climbs to $4.3 Billion Amid Narrowing Losses
BitGo Holdings reported $4.33 billion in second-quarter revenue, a 79.6% year-over-year increase fueled by digital asset sales and stablecoin expansion. Despite the top-line growth, the company posted a $19 million net loss, reflecting a sharp reversal from the $38.3 million profit recorded during the same period last year.
Securitize Shares Tumble 21% After Triple-Digit Loss in Q2
Securitize Corp. reported a $21.7 million net loss for the second quarter, a sharp decline from the $6.1 million loss recorded during the same period last year. Following the release of its first earnings report as a public company, shares of the tokenization firm fell 21% in after-hours trading.
Blockchain Association Joins Custodia Bank’s Supreme Court Battle
The Blockchain Association has formally backed Custodia Bank’s petition to the U.S. Supreme Court, challenging the Federal Reserve’s refusal to grant the crypto-focused institution a master account. The industry group warns that current lower court rulings grant regional Fed banks unchecked authority to exclude lawful businesses from essential financial infrastructure.
Goldman Sachs to Acquire Neos Investments for $2.25 Billion
Goldman Sachs has agreed to purchase Neos Investments in a deal valued at up to $2.25 billion, securing a dominant position in the crypto-linked income ETF market. The acquisition brings over $30 billion in assets under management into the bank’s portfolio, including three prominent Bitcoin and Ethereum options-income funds.
Bitwise CIO bets on token revenue to double crypto valuations
Crypto valuations outside Bitcoin could surge as protocols increasingly tie network fee revenue to their native tokens. Matt Hougan, Chief Investment Officer at Bitwise, argues that a shift toward buyback and burn models—mirroring corporate equity strategies—is poised to reshape market demand over the next 24 months.
Swiss Banks Push Back Against Proposed Regulatory Overhaul
Conflict defines the response to Berne’s latest banking reforms, as the Swiss government seeks to prevent a repeat of the 2023 Credit Suisse collapse by strengthening oversight. While the industry welcomes easier liquidity access, the Swiss Bankers Association warns that granting the regulator expanded powers risks stifling competitiveness.
Solana Network Stays Online Despite Infrastructure Routing Failure
A malformed routing update from infrastructure provider Teraswitch briefly knocked 102 validators offline on August 12, forcing the Solana network to operate near its critical threshold for transaction finality. While the mainnet continued to produce blocks uninterrupted, the incident revealed persistent vulnerabilities in validator hardware concentration.
Leadership Shifts at M&G and St. James’s Place
Investment veteran Ross Sterling has joined M&G as deputy portfolio manager for its Japanese equities strategy, while St. James’s Place has bolstered its advisor network by recruiting four senior financial representatives from major UK firms, marking a significant expansion for both wealth management institutions.
Hilbert Investment Solutions Appoints First Group CFO
Hilbert Investment Solutions has tapped Masuda Shaik to serve as its inaugural group chief financial officer, a strategic move designed to bolster the firm’s governance and financial infrastructure. The appointment follows a period of expansion for the Paris-founded investment firm as it scales its global client offerings.
HSBC Asset Management Backs AI Orchestration Platform Model ML
London-based Model ML has secured a fresh investment from HSBC Asset Management to scale its agentic operating system. The funding arrives as the financial sector pivots from individual AI models toward complex software architectures capable of automating research, due diligence, and high-stakes document creation across banking workflows.
ASX Shareholder Seeks Court Greenlight to Sue Former Directors
Rosherville Pty Ltd has formally notified the Australian Securities Exchange of its intent to seek Federal Court permission to pursue legal action against former officers and directors. The move marks a new chapter in the fallout from the exchange's abandoned, multi-million dollar CHESS replacement project.
Metaplanet CEO Denies Sell-Off After $322 Million Bitcoin Transfer
Market speculation surrounding Metaplanet reached a fever pitch this week when trackers flagged the movement of 5,014 BTC, worth roughly $322 million, from company-linked wallets. CEO Simon Gerovich moved quickly to quell fears of a liquidation, confirming the massive transfer was merely a routine internal custody operation.
Arizona Crypto ATM Law Secures $171K Refund for Scam Victims
Thirty-five victims of cryptocurrency kiosk fraud have recovered $171,332 in full, marking the first concrete results of Arizona’s legislative crackdown on ATM-based scams. Since the law took effect in September, the state has positioned itself as a regulatory middle ground between total prohibition and unchecked kiosk expansion.
GSR Overhauls Core3 Model as Solana Allocation Hits 43.6%
A dramatic shift in GSR’s Core3 model portfolio has vaulted Solana to the top position with a 43.6% allocation, signaling a tactical pivot away from Bitcoin and Ether. The adjustment, finalized August 12, marks a sharp reversal from just one week prior when the firm favored a more conservative distribution.
New Database Exposes Pattern of Abuse in Flock Surveillance Network
A new database released by the Institute for Justice documents over 100 instances of law enforcement abuse involving Flock Safety’s automated license plate readers, fueling a nationwide movement to push back against mass surveillance systems that track the movements of ordinary citizens without warrants or probable cause.
Democrats decry $900 million White House construction spree
A surging price tag for White House renovations has sparked a fierce backlash from Democratic lawmakers, who accuse President Donald Trump of diverting nearly $1 billion in taxpayer funds toward personal vanity projects while American households grapple with persistent inflation and the rising cost of basic necessities.
Hawaii to Outlaw Cash Deposits at Crypto Kiosks
Starting October 1, Hawaii will prohibit the use of physical cash to purchase digital assets at cryptocurrency kiosks. The move follows a surge in fraud, with the FBI documenting 92 complaints and $3.85 million in losses among state residents in 2025 as scammers increasingly weaponized these machines to drain victim accounts.
HashKey Tapped to Distribute Anchorpoint’s HKDAP Stablecoin
Anchorpoint Financial has named HashKey Exchange an authorized distributor for its Hong Kong dollar-backed stablecoin, HKDAP, marking a key expansion of the token’s beta rollout. The partnership allows eligible institutions and professional investors to mint, redeem, and convert fiat currency through HashKey’s regulated platform infrastructure.
Lawsuit Challenges Truth Social’s $100,000 Premium Data Feed
The Intercept and the Freedom of the Press Foundation have filed a federal lawsuit against Donald Trump, alleging that his decision to sell early access to presidential announcements via Truth Social creates an unconstitutional barrier to public information while favoring high-frequency trading firms with millisecond advantages.
WHO Warns Congo Ebola Outbreak Nears Record Death Toll
With over 2,000 deaths already recorded, the Ebola epidemic in the Democratic Republic of Congo is accelerating at an unprecedented rate. WHO Director-General Tedros Adhanom Ghebreyesus warned that the current crisis is on track to surpass the 2014–2016 West African outbreak as the deadliest in history.
Tennessee Execution Halted After Medical Team Fails to Locate Vein
The scheduled execution of Tony Carruthers was aborted Thursday after medical personnel struggled to establish an intravenous line, prompting Republican Governor Bill Lee to issue a one-year stay. The failed procedure, which attorneys described as a harrowing and barbaric ordeal, has renewed calls to halt the state's capital punishment program.