SpendNode Podcast: Crypto News & Analysis
Listen to the SpendNode podcast for narrated crypto audio news and analysis on policy, stablecoins, payments, market structure, and crypto cards.
Crypto.com Pay Goes Live at Dubai Duty Free for Airport Spending
Crypto.com Pay is now accepted at Dubai Duty Free, letting travelers settle purchases with crypto at one of the UAE's largest retail operators. Read the full article: https://www.spendnode.io/blog/crypto-com-pay-dubai-duty-free-uae-august-2026/
Nigeria Orders Crypto Platforms to Withhold Tax on Staking and Airdrops
Nigeria's Revenue Service now requires crypto platforms to withhold 1% on disposals and 10% on staking, mining, airdrops, and DeFi income. Here is what it means. Read the full article: https://www.spendnode.io/blog/nigeria-crypto-tax-withholding-staking-airdrops-august-2026/
SBF Fraud Conviction Stands as Appeals Court Denies His Bid
The Second Circuit affirmed Sam Bankman-Fried's fraud and conspiracy conviction on August 4, closing his main appellate route and leaving his 25-year sentence intact. Read the full article: https://www.spendnode.io/blog/sbf-fraud-conviction-appeal-denied-second-circuit-august-2026/
Ethereum's EIP-8363 Would Cut Validator Rewards as Staking Nears 50%
Ethereum researchers including Justin Drake proposed EIP-8363 to trim validator rewards as the staking ratio approaches 50%. Here is what is at stake for holders. Read the full article: https://www.spendnode.io/blog/ethereum-eip-8363-cut-validator-rewards-staking-50-percent-august-2026/
Wells Fargo to Launch Tokenized Deposits This Fall on Its Own Blockchain
Wells Fargo will launch tokenized deposits this fall, starting with round-the-clock dollar-to-pound transfers for select corporate clients on its own blockchain. Read the full article: https://www.spendnode.io/blog/wells-fargo-tokenized-deposits-dollar-pound-transfers-august-2026/
Bybit Wins Austrian E-Money License to Build EU Payment Cards
Bybit's Austrian subsidiary secured an e-money license to develop cards, merchant services, and open banking, deepening the exchange race for EU payment rails. Read the full article: https://www.spendnode.io/blog/bybit-austria-emoney-license-eu-payment-cards-august-2026/
BitGo Moves $7.4B in Wrapped Bitcoin to Chainlink CCIP
BitGo is migrating roughly $7.4B of wrapped Bitcoin off LayerZero to Chainlink CCIP, resetting the cross-chain plumbing behind one of crypto's largest BTC tokens. Read the full article: https://www.spendnode.io/blog/bitgo-migrates-7-4b-wrapped-bitcoin-chainlink-ccip-august-2026/
SpaceX Posts $540M Bitcoin Loss as Corporate Treasuries Take a Hit
SpaceX beat Wall Street revenue forecasts but booked a $540M loss tied to its Bitcoin holdings, a reminder of how mark-to-market swings hit corporate crypto. Read the full article: https://www.spendnode.io/blog/spacex-540m-bitcoin-loss-corporate-treasury-august-2026/
Senators Broker Ethics Deal to Push CLARITY Act to 60 Votes
Senators Thom Tillis and Ruben Gallego crafted a bipartisan ethics compromise to move the CLARITY Act past the 60-vote Senate threshold before the August recess. Read the full article: https://www.spendnode.io/blog/senate-bipartisan-60-votes-clarity-act-august-2026/
Senators Push SEC to Probe Trump Meme Coin After 98% Collapse
US senators are urging the SEC to investigate the Trump meme coin after a 98% drop erased billions and pushed it out of the top 100 altcoins. Read the full article: https://www.spendnode.io/blog/senators-sec-probe-trump-meme-coin-98-percent-collapse-august-2026/
Dinari Brings 724 Tokenized US Stocks to Investors With Circle
Dinari partnered with Circle to offer tokenized US stock trading to American investors, settling 724 companies onchain in USDC. Details and context here. Read the full article: https://www.spendnode.io/blog/dinari-tokenized-us-stocks-circle-usdc-august-2026/
Western Union Launches Solana Stablecard for 175M Visa Merchants
Western Union, the 175-year-old remittance giant, has launched a Solana-based Stablecard spendable at 175 million Visa merchants. Here is what it means for crypto spending. Read the full article: https://www.spendnode.io/blog/western-union-solana-stablecard-visa-merchants-august-2026/
Intesa Sanpaolo Cuts Bitcoin ETF Stake 94%, Triples Staked ETH
Italy's largest bank Intesa Sanpaolo slashed its IBIT position by 94% and tripled its staked Ethereum ETF holdings, a sharp rotation from BTC to yield-bearing ETH. Read the full article: https://www.spendnode.io/blog/intesa-sanpaolo-cuts-bitcoin-etf-triples-staked-ethereum-august-2026/
Mastercard Closes $1.8B BVNK Deal to Own Stablecoin Rails
Mastercard completed its $1.8 billion BVNK acquisition on August 4, 2026, buying the stablecoin infrastructure that lets banks and fintechs settle in USDC and USDT. Read the full article: https://www.spendnode.io/blog/mastercard-bvnk-acquisition-stablecoin-august-2026/
Grant Cardone Adds 350 BTC to a Fort Lauderdale Property Deal
Grant Cardone says Cardone Capital is bundling 350 BTC (about $22.3M) into a newly awarded Fort Lauderdale multifamily deal: 350 Class A units plus 350 coins in one purchase. Read the full article: https://www.spendnode.io/blog/grant-cardone-capital-350-btc-purchase-august-2026/
Treasury's Top Digital Asset Adviser Tyler Williams Exits
Tyler Williams, the Treasury's top digital asset adviser to Scott Bessent, has left the department during active CLARITY Act talks, per Punchbowl News. Read the full article: https://www.spendnode.io/blog/treasury-digital-asset-adviser-tyler-williams-exits-august-2026/
Telegram Pulled From Apple App Store Worldwide: The Crypto Fallout
Apple removed Telegram from its App Store worldwide, cutting off the main channel crypto projects, traders, and TON users rely on. Here's what it means. Read the full article: https://www.spendnode.io/blog/telegram-removed-apple-app-store-august-2026/
FBI Agent Accused of Stealing $1M in Crypto From a Suspect's Accounts
An FBI agent is accused of taking about $1 million in crypto from a suspect's accounts, later confessing the theft was 'eating him up inside,' per court filings. Read the full article: https://www.spendnode.io/blog/fbi-agent-accused-stealing-crypto-suspect-accounts-august-2026/
Boltz Halts Service After AI-Powered Attack Wave
Non-custodial swap protocol Boltz paused operations after attackers used AI to find and adapt exploits faster than its small team could patch them. Read the full article: https://www.spendnode.io/blog/boltz-pauses-service-ai-assisted-hacking-august-2026/
Robinhood Wins FCA Registration to Sell Crypto in the UK
Robinhood secured FCA registration to offer crypto services in the UK, opening its trading app to one of Europe's largest retail markets under formal oversight. Read the full article: https://www.spendnode.io/blog/robinhood-fca-registration-uk-crypto-august-2026/
Bitcoin ETFs Snap Two-Month Outflow Streak With $172.4M July Inflow
Spot Bitcoin ETFs pulled in $172.4M in July, ending two straight months of withdrawals. BTC still trades at $62,605 as of August 3, 2026, down 4% on the week. Read the full article: https://www.spendnode.io/blog/bitcoin-etfs-reverse-two-month-outflow-172m-july-august-2026/
Coinbase Wins SEC Suit That Exposed a Secret Bank Crackdown
Coinbase settled its FOIA lawsuit against the SEC for $150,000, surfacing FDIC letters that told ~20 banks to pause crypto in what critics call Choke Point 2.0. Read the full article: https://www.spendnode.io/blog/coinbase-wins-sec-foia-choke-point-lawsuit-august-2026/
JPMorgan Approves HashKey Exchange for Client Money Accounts
JPMorgan has approved HashKey Exchange, Hong Kong's largest licensed crypto venue, to open a client money account, a rare banking nod for a digital-asset platform. Read the full article: https://www.spendnode.io/blog/jpmorgan-approves-hashkey-institutional-accounts-august-2026/
SEC Stays Nasdaq Bitcoin Options Approval as CME Review Advances
The SEC granted CME's petition to review Nasdaq's bitcoin options approval and kept it stayed, with written statements due August 24, extending derivatives uncertainty. Read the full article: https://www.spendnode.io/blog/sec-stays-nasdaq-bitcoin-options-cme-review-august-2026/
Arthur Hayes Buys Back Into ETH 48 Hours After Selling
BitMEX founder Arthur Hayes swapped 2.5M USDC back into ETH two days after exiting, per Cointelegraph. ETH trades near $1,857 as of August 3, 2026. Read the full article: https://www.spendnode.io/blog/arthur-hayes-buys-back-eth-48-hours-august-2026/
CLARITY Act Vote Slips as Senate Sets No Monday Floor Schedule
The Senate has no CLARITY Act floor vote scheduled for Monday, confirming the crypto market structure bill is stalling as the August recess deadline nears. Read the full article: https://www.spendnode.io/blog/clarity-act-no-senate-monday-vote-scheduled-august-2026/
COLDCARD Destroys Vulnerable Inventory, Works With Police After Breach
COLDCARD confirmed it destroyed all vulnerable hardware wallet inventory and is cooperating with law enforcement to identify the attackers behind its security breach. Read the full article: https://www.spendnode.io/blog/coldcard-destroys-vulnerable-inventory-law-enforcement-august-2026/
Coldcard Exploit Sparks $90M Bitcoin Flight From Cold Storage
A Coldcard hardware wallet exploit tied to a $90M Bitcoin loss has rattled self-custody users. Here is what happened and how to check your own setup. Read the full article: https://www.spendnode.io/blog/coldcard-exploit-90m-bitcoin-flight-august-2026/
Saylor's 'Bitcoin Drive Engaged' Hints at First Strategy Buy in 5 Weeks
Michael Saylor posted 'Bitcoin Drive engaged,' his usual tell before a Strategy BTC purchase. It would break a five-week pause, with BTC at $63,364. Read the full article: https://www.spendnode.io/blog/saylor-bitcoin-drive-engaged-purchase-signal-august-2026/
Robinhood's Event Contracts Hit $156M in Q2, a 10x Jump
Robinhood posted record $1.31B Q2 revenue, with event contracts contributing $156M, roughly 12% of the total and up 10x year over year. Here is what the numbers show. Read the full article: https://www.spendnode.io/blog/robinhood-prediction-markets-156m-event-contracts-august-2026/
Senate Has 5 Days to Pass the CLARITY Act Before Summer Recess
The Senate has roughly five working days to move the CLARITY Act before August recess. A miss pushes crypto market-structure rules into an uncertain fall. Read the full article: https://www.spendnode.io/blog/senate-five-days-crypto-clarity-act-recess-august-2026/
CLARITY Act Bans Officials From Issuing Crypto, With One Carve-Out
The CLARITY Act bars government officials from issuing crypto, but a single paragraph exempts royalty income from tokens that already exist. Here is why that matters. Read the full article: https://www.spendnode.io/blog/clarity-act-royalty-income-exemption-officials-august-2026/
Trump Media Moves 2,600 BTC to Crypto.com in $165M Transfer
Trump Media sent more than 2,600 BTC, worth about $165M, to Crypto.com on August 2, 2026. Here is what the transfer signals about corporate bitcoin treasuries. Read the full article: https://www.spendnode.io/blog/trump-media-2600-btc-crypto-com-custody-august-2026/
South Korean Stablecoins Hit 18-Month Outflow Streak Offshore
South Korean stablecoins have posted 18 straight months of net outflows to overseas exchanges, per WuBlockchain data, as traders chase offshore liquidity. Read the full article: https://www.spendnode.io/blog/south-korea-stablecoins-18-month-outflow-streak-august-2026/
Bitwise Shuts Six Crypto Option ETFs as Payouts Return Capital
Bitwise is liquidating six crypto option income ETFs that advertised double-digit yields but posted 0% SEC yield and paid investors back their own money. Read the full article: https://www.spendnode.io/blog/bitwise-liquidates-six-crypto-option-etfs-august-2026/
Wirex Hits ~$2B Annualized Card Spend, Doubling in 110 Days
Wirex says its crypto card has reached a ~$2B annualized spend run-rate eight months after launch, with July alone adding $160M+ in onchain card spend. Read the full article: https://www.spendnode.io/blog/wirex-2b-annualized-card-spend-august-2026/
Lummis Says Democrats Are Stalling Crypto's CLARITY Act to Dodge a Vote
Senator Cynthia Lummis accuses Democrats of running out the clock on the CLARITY Act to avoid an on-record vote, deepening the fight over US crypto rules. Read the full article: https://www.spendnode.io/blog/lummis-democrats-stalling-clarity-act-august-2026/
Uphold Adds Instant Crypto-Backed Loans via Exactly Protocol
Uphold launched instant crypto-backed loans through Exactly Protocol, letting users borrow against holdings instead of selling. Terms and rates were not disclosed. Read the full article: https://www.spendnode.io/blog/uphold-instant-crypto-backed-loans-exactly-protocol-august-2026/
BIS Project Agora Settles Tokenized Payments Across 6 Currencies
The BIS says Project Agora settled 800,000 Swiss francs in real-value tokenized payments across six currencies, with 28 banks running 17 transaction scenarios. Read the full article: https://www.spendnode.io/blog/bis-project-agora-tokenized-payments-six-currencies-august-2026/
XRP Ledger Revives Batch and Delegation After Bug Fixes
The xrpld 3.3.0 release brings back Batch and Permission Delegation, two XRP Ledger features pulled in 2025 and 2026 after critical signature and fee-drain bugs. Read the full article: https://www.spendnode.io/blog/xrp-ledger-restores-batch-permission-delegation-august-2026/