🏦 Bybit crosses 200 TradFi perps with Unitree and Moonshot AI
Bybit has surpassed 200 traditional finance perpetual contracts after adding pre-IPO perpetuals for robotics firm Unitree and Moonshot AI to its derivatives lineup.
Both new instruments are available with up to 10x leverage, expanding Bybit's offering of equity-linked crypto-native derivatives targeting traders seeking exposure to pre-public companies through perpetual contracts.
📊 Institutions Poured $11.2B Into Regulated Crypto in H1 2026
A review of every crypto funding deal in the first half of 2026 found $11.2 billion in total investment, with capital flowing almost exclusively to regulated firms rather than permissionless protocols.
BlackRock, Goldman Sachs, and Gulf sovereign wealth funds were among the key backers identified in the analysis, conducted by Dubai-based crypto lawyer Irina Heaver and her team. The pattern signals a structural shift in where institutional money is landing — compliance-ready businesses over open, decentralized infrastructure.
📊 How $19 Billion in Crypto Was Liquidated in a Single Day
On Oct. 10, 2025, crypto derivatives markets forcibly closed over $19 billion in positions held by 1.6 million traders — one of the largest single-day liquidation events on record. 2026 has since produced three additional billion-dollar liquidation events.
Most crypto speculation occurs in perpetual futures rather than spot markets, meaning traders hold leveraged derivative positions rather than actual coins. When prices move against those positions, exchanges automatically close them — triggering cascading liquidations as forced selling drives further price drops, which in turn liquidate more positions.
Liquidation cascades remain a structural feature of crypto derivatives markets, amplifying volatility during sharp price moves in both directions.
🟠 Grayscale sees 3 long-term drivers of Bitcoin adoption
Grayscale has outlined three structural forces it believes will sustain Bitcoin adoption beyond the current market cycle: government fiscal deficits, expanding blockchain utility, and shifting portfolio preferences among investors.
The asset manager argues these dynamics could deepen Bitcoin's integration with traditional finance over time, independent of near-term price volatility.
Grayscale manages one of the largest Bitcoin investment products globally and has been a consistent institutional voice on crypto adoption trends.
🏦 Binance blocks transfers with HTX and 15 other platforms
Binance is cutting off transactions with 16 crypto exchanges in response to new sanctions tied to Iran and Russia.
The restrictions will apply in stages, with transfers involving HTX, Rapira, and 10 other platforms halted from Aug. 23. Five exchanges have already been blocked. Binance cited EU Russia sanctions and broader regulatory compliance requirements as the basis for the move. EXMO is among the platforms affected alongside HTX.
The action reflects growing pressure on major exchanges to enforce sanctions screening across counterparty networks, particularly as EU and U.S. authorities tighten restrictions on platforms linked to Russian and Iranian activity.
💵 Tether receives first full Big Four audit from KPMG
Tether has obtained its first complete independent audit, with KPMG U.S. issuing an unqualified opinion on Tether International's 2025 financial statements on Aug. 13, 2026 — ending years of criticism over the stablecoin issuer's lack of full transparency.
The audited figures show reserves exceeding liabilities by $6.814 billion as of Dec. 31, 2025, down from a previously reported $6.8B surplus to $4.1B in subsequent months. Unlike the quarterly reserve attestations Tether has previously published — which offer only a snapshot of assets against liabilities — a full financial-statement audit examines the balance sheet in greater depth.
The milestone comes as Washington has shifted its regulatory stance on stablecoins, altering the compliance landscape Tether has long navigated, including a prior CFTC penalty.
⚖️ Trump Directs Federal Program to Disrupt Crypto Scam Networks
A new White House memorandum directs the creation of a federally supervised program allowing vetted U.S. companies to actively disrupt foreign criminal networks behind crypto fraud.
The move comes as FBI data shows internet-crime losses reached $20.877 billion in 2025, with cryptocurrency-related complaints accounting for $11.37 billion — more than half of total reported losses.
The program would give private-sector firms a sanctioned role in countering foreign cybercrime operations, marking a shift toward public-private cooperation in tackling crypto fraud at the network level.