People who act rich before they get rich are the ones who end up rich.

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On August 13, the total amount of Ethereum locked in staking exceeded 34% of the total supply (41.9 million ETH), marking an all-time high.

The current average annual yield stands at 2.6%.

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😆 Trump Sued Over Paid Early Access to Posts

Trump Media launched Truth API, offering traders and hedge funds ultra-fast access to posts from ten key Truth Social accounts, including Trump, for about $1.2 million per year.

The Intercept and Freedom of the Press Foundation, backed by CREW, sued Trump over selling early access to his official statements. They argue this gives paying clients earlier access to government info than journalists and the public, violating the First and Fifth Amendments.

For $1.2 million annually, clients get Trump's posts milliseconds before others, a potential edge for algorithmic trading.

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⚡️ JUST IN: Binance will stop processing transactions involving 11 crypto exchanges, including HTX (Huobi Global SA), starting August 23.

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Ethereum's share in staking reached a record 34.4%, up from about 30% at the start of the year.

The largest corporate staker remains BitMine, holding over 4.3 million ETH in staking.

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🤯 Netflix Sets Premiere for FTX Drama

Netflix announced the premiere date for the series The Altruists, which depicts the collapse of FTX on November 19. The story centers on Sam Bankman-Fried and Caroline Ellison, two idealists accused of embezzling $8 billion. FTX went bankrupt in November 2022, and Bankman-Fried was arrested the following December.

Julia Garner and Anthony Boyle star as Ellison and Bankman-Fried. The eight-episode series is partly based on articles from New York Magazine.

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Guy who didn't sell for $4000 because he needed $5000 now has $233.

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Bitcoiners during the dip.

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Nobody is more stressed than a man in their 20s trying to retire his bloodline

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The last thing you see before your crypto portfolio goes from -90% to -100%.

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Justin Sun said Binance restrictions on HTX operations apply only to UK and EU users.

He said he is in contact with Binance, and affected users can contact HTX support to coordinate a solution.

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SafePal reported an order tracking vulnerability that could let attackers view other users' data, affecting 39,798 clients.

Clients who ordered from March 2, 2025 to April 11, 2026 were affected, but seed phrases, private keys, banking and payment data were not.

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As of August 2026, more than 20.07 million BTC has been mined, about 95.6% of the 21 million coins maximum supply.

CZ estimates 10–20% of existing Bitcoin may be permanently lost or inaccessible, and calls BTC a deflationary asset.

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👊 World Liberty Gets Conditional Bank License Approval

The OCC conditionally approved World Liberty Trust Co.'s national trust bank license. 38% is owned by an entity linked to Trump and his family.

This license lets World Liberty issue stablecoins independently, no longer relying on BitGo. Capital still needs to be raised to complete the process.

Senator Elizabeth Warren, who opposed the application, called the approval "the most brazen act of self-dealing" in US finance and announced a bill to limit bank ownership by presidents and officials.

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🔽 BTC Capitulation Signs Emerge

The share of BTC supply in profit fell to 51.4%, its lowest level in over three years. About 48.6% of coins are now at an unrealized loss.

CryptoQuant said levels below 55% have historically marked capitulation and reaccumulation. Similar readings last appeared in early 2023, when BTC traded at $16,000-$20,000. Analysts warned that trying to catch the absolute bottom is misguided, as accumulation may last longer than expected.

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🇺🇸 Stablecoin Rules Advance

The US Treasury has begun preparing stablecoin rules under the GENIUS Act, publishing a draft and requesting market feedback.

Treasury Secretary Scott Bessent said the framework would be introduced quickly. The act’s main provisions are expected to take effect on January 18, 2027, providing regulatory certainty, supporting the US crypto industry, and strengthening the dollar’s role as the global reserve currency.

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🙀 CZ Abandons Public Wallet

CZ decided to stop using his public wallet. The address is constantly flooded with memecoins, and every action he takes with them triggers speculation. He said fully clearing it is impossible. The more tokens he burns, the more are sent to him.

He considered asking the Trust Wallet team to add an “ignore coin” feature, but admitted 99.99% of users do not need it. CZ also donated [$960,000 in BNB and Binance Life tokens to Giggle Academy.

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🤝 Flop Network Launches

Arthur Hayes announced the launch of Flop Network and will personally lead the Flop Labs team.

The project aims to give AI agents a currency for transactions. FLOP will be used for inference, memory storage, and payments between agents. Miners provide computing power, while validators verify their work and store agent memory. Both receive FLOP.

There will be no presale or venture investors. A major airdrop is planned for Q4 2026, with the network launching in Q1 2027.

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✊ SEC Proposes Crypto Framework

The SEC has formally proposed “Regulation Crypto Assets”, its first major step toward a separate framework for investment contracts linked to cryptoassets.

The proposal would let smaller projects raise up to $5 million over four years without full SEC registration or extensive financial reporting. A separate exemption would allow fundraising of up to $75 million every 12 months]], with financial statements, project disclosures, and ongoing reporting required.

The proposed safe harbor could end a token’s status as part of an investment contract once the team completes or permanently stops all promised material managerial efforts and meets the other conditions. The token itself is not necessarily a security. The investment contract under which it was sold may be.

This is only a proposal. The market will have 60 days to submit comments after publication, followed by possible revisions and a final vote.

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🟠 Bitcoin.org Turns 18

Bitcoin’s website was registered on 18 August 2008, before the White Paper and the network launch.

Early content included Bitcoin descriptions, software guides, and Bitcoin Core releases. Today, it remains an independent community project. Bitcoin has no official website.

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