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The sudden death of Ondo Finance founder Nathan Allman has triggered an escalating governance dispute that now threatens to overshadow one of the fastest-growing companies in the tokenized real-world asset (RWA) sector. Court filings in Delaware reveal a bitter legal battle between Allman’s estate and current CEO Ian De Bode over who has the legal authority to control the company following the founder’s passing.While Ondo continues operating and maintains support from key investors, the dispute introduces significant uncertainty at a time when the company has emerged as one of the leading issuers of tokenized financial products. The case also highlights…

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SUI Group Holdings has lent 6 million SUI tokens to Bluefin Markets under an uncollateralized agreement that lets the borrower reuse the assets and gives the Nasdaq-listed treasury company a share of Bluefin’s revenue. The arrangement may improve income, but SUI Group has not disclosed the revenue base needed to show that it can compensate for the added counterparty and liquidity risk.The company’s Aug. 6 results filing said it held 109.1 million SUI as of Aug. 3, including the 6 million SUI recorded as loan receivables. It marked the total position at $75.3 million using a $0.69 SUI reference price.…

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Jimothy The Raccoon (JIMOTHY), a Solana (SOL)-based meme coin, jumped 331% on Saturday after Elon Musk posted a raccoon video to his X account. The surge mirrors past Musk-driven rallies, where his posts and username changes have repeatedly sent meme coins higher. Follow us on X to get the latest news as it happens pic.twitter.com/fosLc0KtcA— Elon Musk (@elonmusk) August 8, 2026 Why Is Jimothy The Raccoon (JIMOTHY) Up Today? Musk shared the raccoon clip early Saturday, created by Dogan Ural, Designer and Creative Ambassador of xAI. The post drew more than 811,000 views within hours. He did not name JIMOTHY…

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Domestic-currency stablecoins intended to curb reliance on dollar-backed tokens could instead make it easier for users to move funds into digital dollars, according to a senior International Monetary Fund (IMF) official.On Friday, IMF First Deputy Managing Director Dan Katz said that once local and dollar stablecoins operate on the same blockchain infrastructure, users can convert between them through decentralized exchanges, liquidity pools or peer-to-peer swaps. In a speech at the University of Cape Town, Katz said the shift could move foreign exchange activity away from banks and currency dealers, reducing the friction that gives authorities tools to monitor and manage capital…

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Crypto casino offers are often compared by the largest number in the advert: the match percentage, the maximum bonus or the number of free spins. That is a useful starting point, but it does not reveal how much value a player can realistically use or withdraw. Minimum deposits, wagering rules, expiry periods, game contribution and maximum-win limits can materially change the outcome. A sensible comparison therefore starts with the complete terms rather than the promotional headline. Explore the full platform at Luckiest A 200% match means the casino adds two units of bonus funds for each unit deposited, up to…

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This week Fuel Labs delivered its mainnet, introducing a parallelized execution engine designed specifically for Ethereum-compatible applications. The release focuses on enabling developers to process multiple transactions simultaneously rather than sequentially, which opens new possibilities for complex decentralized applications that demand higher throughput without relying on external scaling solutions. Market Snapshot Bitcoin price action over the past 7 days. Data: CoinGecko. Bitcoin trades at $64,926 with a 1.1% gain while Ethereum sits at $1,914, up 0.9%. Total crypto market capitalization stands at $2.3T and Bitcoin dominance registers 56.8%. Among the top movers, SOL leads with a 2.6% advance followed by…

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Lawsuit accuses North Korea and Lazarus Group of orchestrating the $1.5 billion theft, as court-ordered asset freeze supports recovery efforts and Bybit expands collaboration with law enforcement and industry partners to strengthen accountability for crypto-related cybercrime Bybit, the world’s second-largest cryptocurrency exchange by trading volume, today announced that it has filed a civil lawsuit in the U.S. District Court for the District of Columbia against the Democratic People’s Republic of Korea (DPRK), its Reconnaissance General Bureau (RGB), and the Lazarus Group, which U.S. authorities have identified as the DPRK-linked hacking group responsible for the February 2025 cyberattack. Bybit has also secured…

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Road Town, British Virgin Islands, August 7th, 2026, Chainwire 250+ TradFi markets join Carbon’s 530+ crypto perpetuals & 150 24/7 RWAs in one venue. Wall Street depth at listing, stable overnight rates, and on-chain settlement. Carbon, the on-chain prime broker for global markets, today opened public trading on 250+ Carbon TradFi markets spanning equities, indices, forex, and commodities. Each position is hedged 1:1 at regulated TradFi venues, making Carbon the largest TradFi-native on-chain derivatives venue. Alongside 530+ crypto perpetuals and 150 24/7 RWAs, total tradeable instruments now exceed 950 in one account.  Carbon TradFi is Carbon’s own on-chain instrument. A…

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Mutsamudu, Comoros, August 7th, 2026, Chainwire MEXC, a pioneer in 0-fee digital asset trading, has listed five new Ondo tokenized stock trading pairs on Spot, expanding user access to stocks spanning AI infrastructure, semiconductors, enterprise software and rare earth materials. The new pairs are AXTION/USDT (AXT Inc), AEHRON/USDT (Aehr Test Systems), APLDON/USDT (Applied Digital), USARON/USDT (USA Rare Earth) and SAPON/USDT (SAP SE). The pairs went live on Spot on August 6, 2026, at 13:30 (UTC), with deposits now open. Withdrawals will open on August 7, 2026, at 13:30 (UTC). Report data jointly published by MEXC and CoinGecko shows that demand…

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Eightco treasury composition as of August 5, 2026: $90M OpenAI equity (indirect), $18M Beast Industries equity, 16,278 ETH, nearly 302 million WLD holdings, and $142M cash and equivalents, totaling approximately $378 million Eightco recently participated in World Foundation’s $52.5M funding round, led by Pantera with participation from Bain Capital Crypto, Selini Capital, Susquehanna Crypto, and additional investors OpenAI recently announced that it submitted a confidential S-1, setting itself up for a potential future initial public offering Eightco provides indirect exposure to some of the most innovative private companies including OpenAI and Beast Industries EASTON, Pa., Aug. 6, 2026 /PRNewswire/ — Eightco…

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