1.
Arthur Hayes Says Fed’s Japan Yen Plan Will Pump Bitcoin
Hayes co-founded BitMEX and now runs the Maelstrom family office. He has built a reputation for macro calls that tie Fed and Treasury policy moves directly to crypto prices. The mechanism he describes is real, though its scale is not yet confirmed. It runs through the Foreign and International Monetary Authorities (FIMA) Repo Facility, a Fed program that lets foreign governments post US Treasuries as collateral for short-term dollar loans, instead of selling those Treasuries outright. Treasury Secretary Scott Bessent has said Japan holds $1.143 trillion in US Treasuries.
2.
ZachXBT Traces $5M Crypto Thefts to US-Based Support Impersonation Scammer
Onchain investigator ZachXBT named a US-based threat actor, Tiffany Milanovich, who is tied to at least $5 million in crypto theft through fake support calls. According to his findings, Milanovich worked as a “caller,” phoning victims while posing as support staff and talking them into surrendering access to their funds. He said she recorded herself taunting victims after draining them. How the Impersonation Scheme Worked Milanovich worked as part of a group. As the caller, she impersonated the hardware wallet and centralized exchange support.
3.
Luke Dashjr removed as Bitcoin Improvement Proposal editor
Luke Dashjr lost his BIP editor privileges after developers raised concerns over his role in BIP 110 and its stalled minority fork. Bitcoin developer Luke Dashjr has been removed as an editor of Bitcoin Improvement Proposals following a dispute over his role in BIP 110. Bitcoin developer Mark Erhardt opened the pull request on Sunday after recommending Dashjr’s removal on the Bitcoin Developer mailing list.
4.
Why complex DeFi and NFT portfolios need crypto tax professionals
As DeFi and NFT markets evolve, relying solely on software for tax reporting risks costly errors, making professional guidance essential. The post Why complex DeFi and NFT portfolios need crypto tax professionals appeared first on Crypto Briefing.
5.
Trump Media to revamp crypto treasury strategy after $238M Q2 loss
Trump Media says it will take a more disciplined approach to its crypto treasury while directing more resources toward its core media business. Trump Media said it plans to revamp its digital asset treasury strategy after unrealized losses on crypto and securities helped push the company to a $238 million net loss in the second quarter. The company reported $190.4 millio n in unrealized losses across its digital assets, pledged digital assets and equity securities in its Q2 earnings release on Monday.
6.
Grayscale turned more than $1.1 billion of staked crypto into a recurring reward-sale machine for ETF holders
Grayscale has formalized a mandatory minimum cadence for converting staking rewards from three crypto exchange-traded products into cash and paying the net proceeds to shareholders. Trust amendments executed Aug. 6 for the Grayscale Ethereum Staking ETF (ETHE), Grayscale Solana Staking ETF (GSOL) and Grayscale Avalanche Staking ETF (GAVA) require each product to reduce “Staking Consideration” to cash no less often than quarterly. Net proceeds must then be distributed promptly after applicable fees and trust expenses.
7.
Thailand’s 0% crypto tax. Bitcoin Red Team forced to use Chinese AI: Asia Express
The Bitcoin Red Team has been forced to rely on open source Chinese AI, after OpenAI restricts access. Thailand sets crypto tax to 0% in bid to become crypto hub. Thailand introduces 0% capital gains tax on crypto For the next few years crypto investors in Thailand won’t have to pay any capital gains taxes on sales made via platforms licensed by Thailand’s Securities and Exchange Commission. The exemption is for five years and covers the period of January 1 2025, through to December 31 2029.
8.
SEC to weigh tailored crypto offering rules Friday after CLARITY Act hits gridlock
The SEC's potential crypto rules could shape digital asset regulation, impacting market dynamics and investor protections amid legislative delays. The post SEC to weigh tailored crypto offering rules Friday after CLARITY Act hits gridlock appeared first on Crypto Briefing.
9.
North Korea’s Kimsuky Turns to AI as Crypto Firms Face New Threats
Kimsuky has been setting up local AI environments as it looks for ways to bring artificial intelligence into its cyberattack operations. The North Korea-linked threat actor, which has frequently targeted the cryptocurrency and financial sectors, was found to have established local LLM environments using Ollama, GPT4All, and Msty. Genians said the local approach prevents conversation data from being transmitted to external AI services, thereby reducing the risk of external exposure.
10.
Jupiter Launches Lend v2 on Solana, Letting Borrowed Assets Earn Trading Fees
Jupiter launched Lend v2 on Solana on August 10, introducing two opt-in features that let supplied and borrowed assets work as decentralized exchange liquidity while they sit in a lending position. As per a press release shared with CryptoPotato, Jupiter said Lend v2 is the first lending protocol on Solana where borrowed assets can earn trading fees, and the upgrade adds Smart Collateral and Smart Debt, alongside Lifetime PnL, a record of what each position has earned or cost over its life.