Cryptoccino — Friday 28 August 2026

Bitcoin reclaims $80K on eight consecutive days of ETF inflows. Spot BTC ETFs have drawn $2.8 billion across an eight-day inflow streak, the longest run since April, pushing August toward its strongest monthly inflow since October 2025. BTC is trading just above $80,000 heading into Fed Chair Warsh’s Jackson Hole speech, which for the first time in four decades is centred on payments and financial infrastructure rather than macro orthodoxy. decrypt bloomberg_crypto coindesk

Nvidia’s $442B single-day market cap gain lifts risk assets including crypto. Nvidia added roughly $442 billion in market value after a blowout earnings report, the second-largest one-day gain in US equity history, and BTC and tech-adjacent tokens caught a meaningful portion of the updraft. BlackRock’s digital asset head Steve Mitchnick used the moment to argue bitcoin’s risk-off macro narrative is the dominant long-term frame, pointing to declining equity correlation alongside the ETF inflows. cryptobriefing coindesk theblock

Bitcoin’s key resistance sits at $81K–$86K, where long-term holders cluster near breakeven. Glassnode identifies the $81,000–$86,000 band as the principal supply wall, with a large cohort of long-term holders sitting near their cost basis in that range and a separate $6.4 billion options expiry settling on Friday. Max pain on the Deribit expiry sits well below current spot, adding a modest gravitational pull through settlement. theblock decrypt

Ethena surges after the foundation proposes a fee switch and an overhaul of VC unlock mechanics. The Ethena Foundation put four proposals to governance, including using protocol revenue to buy back locked ENA tokens and ending monthly investor unlock tranches going forward. The double signal of a buyback and reduced future sell pressure sent ENA sharply higher on the day. theblock coindesk

Evernorth’s SEC registration is effective, putting a Ripple-backed XRP treasury vehicle one shareholder vote from Nasdaq. The S-4 covering Evernorth’s merger with SPAC firm Armada has cleared the SEC, leaving only the shareholder vote between it and a public listing as the largest XRP treasury company on a major US exchange. Ripple sits in the shareholder base, giving the structure an institutional anchor that earlier crypto SPAC plays lacked. theblock coindesk cryptobriefing

BitGo acquires NYDIG’s institutional trading book, pulling in roughly 30 staff and their client relationships. The deal expands BitGo’s derivatives offering and adds a set of established institutional counterparties at a time when custody-adjacent services are consolidating. NYDIG retains its other business lines; this carve-out is specific to the trading desk. theblock

Charles Schwab expands its direct crypto platform to include SOL, AVAX, and LINK. Schwab Crypto launched in May with BTC and ETH only, charging 75 basis points per transaction. Adding Solana, Avalanche, and Chainlink signals the brokerage is moving beyond the two-asset safe harbour and directly competing with retail crypto platforms for the broader altcoin audience. theblock

Mirae Asset outlines a $109 billion digital asset strategy built around its Digital X acquisition. The South Korean asset manager is targeting profitability by 2027 and is positioning Digital X as the hub for a broad digital asset business spanning custody, trading, and product issuance. At $109 billion in targeted AUM, it would be among the largest dedicated crypto pushes from a traditional Asian financial institution. theblock coindesk

Lightning flaw: emergency patch warning in effect. Full coverage in today’s lead. Node operators should act now. decrypt

Moonwell exploited for roughly $8.7M on Base via MAMO collateral price manipulation. An attacker manipulated the oracle price of MAMO tokens used as collateral in Moonwell’s Base lending market, draining the pool. CertiK and PeckShield both flagged the incident; Moonwell confirmed an investigation is underway. theblock

Ledger Ethereum app vulnerability was patched before a proof-of-concept exploit was published, Ledger says. OneKey demonstrated that an outdated version of the Ethereum app on Ledger devices could be made to sign a transaction different from what the screen displayed. Ledger says the specific version used in the demo had already been patched, but the disclosure is a reminder to keep device firmware and apps current. decrypt

SEC charges 38 entities that filed fabricated adviser registrations to pass as legitimate US advisory firms. The filings were made between 2025 and 2026 and were used to lend credibility to what the SEC describes as retail investor lures. The enforcement sweep targets the infrastructure of fake legitimacy rather than a single firm, suggesting a broader campaign against fraudulent adviser impersonation. sec_press

Abu Dhabi’s national security advisor takes a reported 49% stake in the Trump family’s conditionally approved US trust bank venture. Sheikh Tahnoon’s group is backing the holding company behind World Liberty Financial’s bank, according to the Wall Street Journal. The involvement of the UAE’s intelligence chief in a Trump-linked financial institution is drawing scrutiny on both conflict-of-interest and national security grounds. theblock cointelegraph_regulation

Bank of England handed a formal legal duty to support stablecoin and digital payments innovation. UK legislation due before the Lords in September will write the new mandate into law, keeping financial stability as the primary objective but requiring the BoE to actively consider innovation in its decisions. It is a meaningful shift in how the central bank’s remit is framed, moving from permissive to obligatory engagement with digital money. decrypt coindesk cointelegraph_regulation

SEC proposes Regulation Crypto Assets, a new framework to revive token fundraising under structured rules. Reg CA would create a legal pathway for token issuances that sits outside the existing securities exemption regime, with some VC observers calling it an important reset even as demand for new token launches has cooled materially. The Bloomberg Crypto newsletter notes the proposal meets a market where appetite for public fundraising rounds has already waned. cryptobriefing bloomberg_crypto

Connecticut sues Kalshi over sports event prediction contracts, adding state-level pressure to an already contested legal fight. Kalshi’s litigation team called the move arbitrary, pointing out that competing platforms continue to operate in the state without similar action. The case adds a new front to a months-long dispute that has already drawn federal attention. theblock coindesk

What else is grinding?

• TeamPCP, a supply chain attack group blamed for the longest-running software poisoning spree on record, had two alleged members arrested in Western Australia aged 21 and 23. krebsonsecurity
• Starkware says it completed the first experimental quantum-safe Bitcoin transaction using existing network rules, requiring no protocol upgrade. decrypt coindesk
• GTA 6 leaker Schuster sold out of his own self-issued memecoin hours before Rockstar’s gameplay reveal dropped, a textbook exit on manufactured attention. coindesk
• Bithumb won its court case to claw back proceeds from a February incident in which 620,000 BTC were accidentally credited to hundreds of users internally. theblock
• Sparrow Wallet released version 2.5.4 after an AI-assisted code review surfaced a batch of fixes, with developer Craig Raw noting none appeared likely to put user funds at direct risk. decrypt
• Polish Olympic Committee president Radosław Piesiewicz was detained in connection with a bribery investigation linked to digital asset platform ZondaCrypto. theblock coindesk

Last sip. Warsh has spoken, markets have reacted, and the Lightning patch still isn’t fully deployed.