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Wednesday, 2026-08-26

BitBox Credit Card Sales Surge About 10x After Coldcard Incident; Trezor and OneKey See Uptick

Odaily News: Hardware wallet manufacturer BitBox stated that credit card payment sales in August increased approximately 10 times compared to the baseline of previous weeks, with growth mainly coming from North America; Trezor and OneKey also confirmed a rise in sales during the same period, but neither disclosed specific figures.

Trezor, BitBox, and OneKey have all re-reviewed their seed phrase generation, random number generator, entropy, and firmware verification processes. Trezor plans to conduct penetration testing on core firmware functions and publish related security audit reports; OneKey will strengthen reviews of security-critical code paths and transaction signing processes.

Ledger CTO Charles Guillemet stated that AI-assisted attacks necessitate faster patch releases, vulnerability disclosures, and user education. Blockstream Jade has released a firmware update containing multiple fixes and recommends users to simultaneously update applications, operating systems, devices, routers, and home appliances. (Bitcoin.com News)

Global Potentially Taxable On-Chain Crypto Activity Reached $457B in 2025, CARF Coverage Only 14%

Odaily News: Blockchain analysis firm Chainalysis stated that the scale of potentially taxable on-chain crypto activity globally in 2025 reached at least $457 billion, with approximately $112.6 billion in the United States, $134.6 billion in North America, and $125.1 billion in the European Union. The estimates cover realized gains, mining, staking, lending income, and cryptocurrency payments, but exclude activities such as trading on centralized exchanges.

Chainalysis noted that only 14% of the on-chain taxable activities it identified fall under the coverage of the Organisation for Economic Co-operation and Development (OECD) Crypto-Asset Reporting Framework (CARF), while the remaining 86% involve decentralized exchanges, peer-to-peer transfers, on-chain income streams, and payment activities.

CARF was established by the OECD in 2022 and requires eligible crypto service providers to report customer transaction data to tax authorities. CARF data collection began on January 1, 2026, in 48 jurisdictions, including the United Kingdom and EU member states, where relevant platforms are required to collect customer and tax residency information and report transaction data. (Cointelegraph)

Chainalysis report: CARF only covers 14% of on-chain taxable crypto activities

Chainalysis' latest report shows that the potential taxable on-chain cryptocurrency activity globally will reach at least $457 billion by 2025, while the OECD's Crypto Asset Reporting Framework (CARF) covers only about 14% of the on-chain taxable activities. The report estimates that the United States contributes approximately $112.6 billion, with North America leading at $134.6 billion, followed closely by the European Union at $125.1 billion.This estimate includes income generated from realized gains, mining, staking, and lending, as well as payments denominated in crypto assets, but does not include trading activities within centralized exchanges. The CARF will start data collection on January 1, 2026, across 48 jurisdictions, including the UK and EU, requiring eligible crypto platforms to collect customer and tax resident information and report transaction data to domestic tax authorities for cross-border sharing.The report points out that the CARF's design, centered around crypto intermediaries, is the main reason for the coverage gap. Colby Mangels, a former OECD advisor involved in the development of the CARF, stated that the framework is designed around intermediaries that conduct crypto transactions as their business, which leaves a significant amount of decentralized finance activities outside the reporting scope due to the lack of centralized operators or custodial relationships. Mangels noted that tax authorities are focusing on the progress of anti-money laundering regulations, including when DeFi platforms or their operators should be considered regulated crypto service providers.

Catcher Predict: "WTI Crude Oil Price Prediction for August 2026" "Breakthrough 85 USD" Winning rate soars to 23.5%

According to monitoring by Catcher Predict, in the event "WTI Crude Oil Price Prediction for August 2026" on the prediction market Polymarket, the probability of the "Yes" option in the sub-market "Breakthrough $85" has experienced significant fluctuations, soaring from 50% an hour ago to the current 73.5% (a fluctuation of 23.5%). Please note the impact of related breaking news.

The British judge rejected the extradition defense of the former CEO of Saitama, and the case has been transferred to the UK government

According to a report by Reuters, British judge Samuel Goozee dismissed the extradition defense of former Saitama CEO Manpreet Kohli on August 19 and transferred the case to the UK government to make a decision on the US extradition request. Kohli can still appeal, and the extradition has not been finalized; he is currently released on bail set at £200,000 (approximately $272,400).US prosecutors have charged Kohli with wire fraud, market manipulation, and related conspiracy, as well as operating an unlicensed remittance business, involving the Ethereum-based token Saitama, which once had a market value of about $7.5 billion. Kohli defended himself by arguing that the US could not adequately handle his mental health and the risk of suicide during detention, but the judge believed that the transfer and the safeguards of the US prison system could reduce the risk to an acceptable level. Previously, a federal judge in Boston had also dismissed his motion to dismiss the charges.The case stems from the "Operation Token Mirrors" investigation initiated by the US Department of Justice in October 2024, involving fraud and wash trading. Prosecutors allege that 18 individuals, including Kohli, coordinated multiple wallets to purchase tokens and paid ZM Quant and Gotbit to conduct wash trading on several exchanges, with Kohli suspected of profiting about $20 million. Gotbit has admitted to manipulating token prices and trading volumes and was ordered to pay $23 million in June 2025, while its founder Aleksei Andriunin was sentenced to 8 months in prison.

Anthropic and Nscale reach a $45 billion AI computing power agreement

Anthropic has agreed to pay Nscale $45 billion over the next 6 years to rent approximately 460 megawatts of AI computing power at its Monarch data center in West Virginia. Nscale will use NVIDIA's Vera Rubin chips, which are expected to be operational by the end of next year. The project was originally planned to be rented by Microsoft, but after Microsoft withdrew, Anthropic became the tenant.

Anthropic to Lease Nscale Data Centers in $45 Billion AI Infrastructure Deal

Odaily News: Anthropic will lease data centers from AI infrastructure company Nscale for $45 billion. Nscale will provide computing power from its data center in West Virginia and plans to invest $71 billion in developing the project. Anthropic will obtain 460 megawatts of computing capacity from Nscale's data center. (Jin Shi)

Meme Flash: NPCCAT Sparks Community Buzz on Robinhood, Market Cap at $1.56M

According to Odaily News: Meme Flash monitoring, the Robinhood ecosystem Meme project NPCCAT has recently attracted attention in the community. On-chain data platform GMGN shows that the token's current market cap is approximately $1.56 million.

Community discussions focus on its association with the early NPC ecosystem. User @zeroedthegame posted on Aug. 26, stating that NPCCAT was launched by the "original NPC developer," and that this developer holds a large number of tokens and has not yet sold the related supply. Some community members believe that the project may be connected to the original NPC culture and developer ecosystem.

According to community information, NPCCAT is described as a combination of "NPC meme culture" and "cat-themed internet culture," and is associated with the Non-Playable Coin (NPC) ecosystem. Currently, NPCCAT's market attention mainly stems from community narratives, developer background, and interest in the Robinhood-related Meme ecosystem. However, Meme token prices are highly volatile, and community-related information still requires further on-chain verification.

"Meme Flash" is curated by Odaily's exclusive AI model to select potential community-hyped targets. The content is compiled based on public information and does not constitute investment advice. Please exercise your own judgment and be aware of the high volatility risk of Meme coins.

Dallas Fed Warns Tokenized Deposits Could Reduce Bank Lending Capacity

Odaily News: The Federal Reserve Bank of Dallas (Dallas Fed) reported that tokenized deposits could allow customers to move funds more quickly in search of higher yields, weakening bank funding stability. The bank estimates that a 10% increase in deposit rate sensitivity could reduce banks' capacity to bear interest rate risk by approximately $700 billion.

The report notes that tokenized deposits differ from stablecoins such as USDT and USDC, as they are regulated deposits that can earn interest, but instant settlement, smart contracts, and AI could reduce deposit stickiness. If demand deposits can be transferred more easily between institutions, banks' willingness to hold long-term fixed-rate assets may decline.

The bank also stated that if the weighted average maturity of deposits shortens by 10%, the banking system's maturity transformation capacity could decrease by $580 billion. Institutions such as Custodia, Vantage, Barclays, BMO, and Swift have already tested or advanced projects related to tokenized deposits and 24/7 settlement. (Decrypt)

Survey: 77% of Americans View Crypto in Retirement Plans as Risky

Odaily News: A survey by the National Institute on Retirement Security (NIRS) shows that 77% of Americans consider cryptocurrencies in workplace retirement plans to be risky, with 46% viewing them as highly risky; 53% oppose employers offering crypto investment options.

The survey found that 80% of respondents believe the U.S. is facing a retirement crisis, up from 67% in 2020; 61% worry about achieving financial security after retirement. Additionally, 68% say preparing for retirement is increasingly difficult, and 77% say debt hinders their ability to save adequately.

The survey, conducted by Greenwald Research from Oct. 24 to Nov. 14, 2025, covered 1,203 Americans aged 25 and older, with results weighted by age, gender, and income.

U.S. policymakers are pushing to include alternative assets in retirement plans such as 401(k)s. The U.S. Department of Labor withdrew related prudent guidance in May 2025; on Aug. 7, Donald Trump signed an executive order requiring expanded access to alternative assets in defined contribution retirement plans and directing the Department of Labor and the U.S. Securities and Exchange Commission (SEC) to study related regulatory adjustments. In March 2026, the Department of Labor proposed a rule to include alternative assets, and Bernie Sanders, Elizabeth Warren, and Bobby Scott called for the proposal's withdrawal in June. (Cointelegraph)

CryptoQuant: Bitcoin has entered the early stage of a new bull market and needs to rise above the $83,000 moving average for confirmation

According to The Block, on-chain analytics firm CryptoQuant stated that Bitcoin has entered the early stages of a new bull market, but it still needs to close above the 365-day moving average of nearly $83,000 to gain "official" confirmation.The company also pointed out that the short-term market appears "overheated," with traders and whales taking profits, and the exchange inflow of Bitcoin, Ethereum, and Ripple has increased.

US July PCE Rises 3.7% YoY, Devere Group CEO Warns of Stagflation Risk

Odaily News: Data released by the Bureau of Economic Analysis (BEA) of the U.S. Department of Commerce showed that the Personal Consumption Expenditures (PCE) price index rose 0.2% month-over-month and 3.7% year-over-year in July; core PCE, excluding food and energy, rose 0.2% month-over-month, with inflation still above the Federal Reserve's 2% target.

Nigel Green, CEO of global financial advisory firm Devere Group, stated that the U.S. economy is sending stagflation warnings, with economic growth stalling and inflation refusing to decline. He pointed out that the Federal Reserve finds it difficult to simultaneously curb inflation through rate hikes and support growth through rate cuts, and expects the federal funds rate to remain unchanged.

Following the release of the PCE data, major U.S. stock indices opened higher, gold prices fell to $4,626 per ounce, and silver fell to $68.31. Bitcoin traded within a range of $77,250 to $79,539 over 24 hours, and was trading at $77,600 at 11:00 a.m. Eastern Time on Wednesday. (Bitcoin.com News)

Nvidia Q2 Earnings Preview: Revenue Expected to Nearly Double to $92.17B, Market Eyes AI Chip Demand and Supply Chain Pressures

Odaily News: Nvidia will report its fiscal 2026 second-quarter earnings after the U.S. market close. According to analyst expectations compiled by LSEG, the company's quarterly earnings per share are expected to be $2.10, with revenue projected at $92.17 billion.

The market expects Nvidia's revenue to grow nearly double from $46.7 billion in the same period last year, continuing the rapid growth driven by the wave of AI infrastructure investment. As a core supplier of AI computing power, Nvidia's GPUs are widely used to train and run advanced AI models, and the company is also participating in the construction of new AI data centers through financing support and other means.

However, after nearly three years of significant gains, investors have become more cautious in their expectations for Nvidia. As of Tuesday's close, Nvidia has risen about 14% this year, slightly outperforming the Nasdaq index. Market focus includes pressure from competitors such as AMD and Google, as well as rising costs due to a global shortage of memory chips.

Currently, Nvidia is in a new product cycle, with its latest Vera Rubin AI system already being delivered to customers such as Microsoft and OpenAI. Investors will focus on the sales progress and supply situation of the Rubin and Blackwell series chips, as well as the company's future outlook for AI computing demand.

Nvidia CEO Jensen Huang previously stated that he expects the current product cycle based on Blackwell and Vera Rubin architectures to bring cumulative sales of $1 trillion by 2027. The company will hold its earnings conference call at 5 p.m. Eastern Time. (CNBC)

Morgan Stanley Raises Long-Term Value Assessment for SpaceX, Spaceport Plan Enhances Long-Term Value

Odaily News: Morgan Stanley stated that as SpaceX advances its $100 billion spaceport project in Louisiana, the company's current valuation remains attractive and its long-term growth potential is strengthening. Analysts believe that SpaceX's continued expansion of its global space infrastructure footprint, including launch capabilities, satellite internet business, and commercial space services, is expected to further enhance the company's strategic value.

Previously, SpaceX disclosed plans to build a large-scale space infrastructure project in Louisiana, with an estimated investment of $100 billion. The project is seen as an important move for the company to expand its capabilities in rocket launches, satellite deployment, and related commercial services. Morgan Stanley noted that although SpaceX is not yet publicly listed, the company's asset value may be further unlocked as demand for the space economy, satellite communications, and AI infrastructure grows. Investors continue to monitor its future financing, listing plans, and business expansion progress. (CNBC)