The Interfold has launched Network Alpha, bringing its confidential coordination protocol to mainnet.

The Interfold enables independent parties to produce shared, verifiable outcomes from private inputs without exposing sensitive data or relying on trusted hardware.

The network coordinates Encrypted Execution Environments (E3s) through distributed ciphernode committees, which collectively handle key generation and threshold decryption. No single ciphernode holds the full decryption key or can independently control the result.

E3s are private “workspaces” for calculations. Different companies or users can put their sensitive data into the same computation without revealing the actual data to each other. The system then produces a result that everyone can verify.

Ciphernodes act like a group of independent security guards. They jointly create and control the encryption key. No single node has the whole key, so one operator cannot secretly decrypt the data or manipulate the result.

FOLD is now transferable and acts as the bond for future ciphernode operators, with additional utility through governance locking.

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Ethos will launch its WHUF token auction on September 1, offering 20% of the total supply through a four-day auction.

The sale includes an 85% price guarantee, with a starting FDV of $1 million and a maximum FDV of $99 million. Participants can also receive bonuses based on Contributor XP and referrals.

Key dates for the auction are as follows: registration opens on August 18, the auction begins on September 1 at 4 PM GMT+3, and it concludes on September 4 at 8 PM GMT+3.

After the auction ends, locked tokens are transferred on September 8, marking the start of the guarantee eligibility period. This period closes on October 8, at which point WHUF becomes fully transferable.

During the guarantee eligibility period, users are able to vouch for credible people they know in order to help them qualify for the 85% price guarantee.

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Bitget has quietly become one of the fastest venues bringing the stock market onchain. Over the past few weeks it listed 20 stock perpetuals, from US names like PayPal, Uber and Amgen to the memory-chip complex (CXMT, Hanmi, GlobalFoundries).

The mix says it all: heavy on semiconductors and Asian tech. Crypto exchanges are no longer just listing tokens. They are racing to put equities on 24/7 perp rails, and Bitget is moving faster than most.

A core development team funded by Optimism cast the deciding vote to re-designate 546.9M OP, worth about $49M, from the User Airdrop allocation into a new Foundation-run Strategic Ecosystem Fund.

The team's roughly 8.5M OP proved decisive, tipping the proposal to passage at about 17.97M OP for versus 10.93M against. Because the group is funded by the Optimism Foundation and voted on how Foundation-controlled tokens are spent, the outcome has drawn conflict-of-interest criticism from parts of the community.

The reallocation fits Optimism's wider pivot: airdrops and Retro Funding are paused, and the Collective has trimmed new OP commitments as it shifts toward enterprise adoption, Superchain revenue and institutional deals. The re-designated OP will back grants and partnerships for OP Mainnet and OP Enterprise instead of user rewards.

For a network that built its brand on user airdrops, redirecting the unused allocation to a Foundation-run fund, on a vote swung by a Foundation-funded team, is a governance flashpoint.

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Binance, the largest crypto exchange with 300M+ users, launched Agent OS, a platform that lets AI agents analyze markets, execute trades and move funds on a user's behalf through a new MCP server that plugs into Claude Code, ChatGPT and Cursor.

Agents operate inside dedicated sub-accounts: withdrawals are blocked by default, users decide whether an agent needs approval for each order or can trade autonomously, and there is no separate loss cap, so the amount funded into the sub-account is the effective limit.

Binance says it cannot see an agent's reasoning, since that runs in the user's own AI app, leaving it with limited visibility into whether a trade was driven by bad data or a prompt-injection attack. Its existing security, risk-control and AML policies for sub-account APIs apply at launch. Beyond trading, agents can settle payments via x402 and touch on-chain and DeFi through Binance's Agentic Wallet.

It is the biggest exchange yet to open agentic trading, following Kraken's MCP server, Coinbase for Agents and OKX's agent toolkit, a sign that "AI that trades for you" is becoming a new front in exchange competition.

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Today's rally is as broad as it gets. Out of the entire top 100, only three coins in red: Bitway (-41.5%), JUST (-2.4%), Beldex (-1.1%).

Everything else is green. Hyperliquid leads at +22.8%, with PEPE (+21.7%) and LIT (+20.2%) right behind, and ETH, XRP and a dozen more posting double-digit gains.

South Korea's Financial Intelligence Unit accepted BitGo Korea's VASP registration, the first time a foreign crypto firm has earned the status directly through a locally built subsidiary rather than by buying an existing licensed operator.

The registration, accepted on August 18, lets BitGo Korea provide virtual asset transfers, custody and management, with a focus on institutional custody and enterprise services. Since Korea's VASP regime took effect under the Act on Reporting and Using Specified Financial Transaction Information, most foreign players have entered by acquiring a licensed local operator; BitGo instead stood up a new entity and cleared the rules itself.

BitGo, one of the oldest and largest institutional crypto custodians, counts Hana Financial Group and SK Telecom among BitGo Korea's major shareholders, a roughly two-year push that has now cleared the regulator.

The direct route gives BitGo a clean, compliant base in one of Asia's largest crypto markets, and a template other global firms may follow into Korea.

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Binance is removing ICON (ICX), Secret (SCRT) and Storj (STORJ) from spot trading, with all pairs closing on September 3 at 03:00 UTC and withdrawals open until September 17. The three tokens were hit hard on the news.

Binance says the move follows its periodic review of listed assets, which weighs trading volume and liquidity, the team's commitment and development activity, network stability and security, and how projects respond to due-diligence requests. Assets that no longer clear the bar get cut to protect users.

Spot pairs and trading bots for the three tokens stop at the deadline. Holders should move balances to self-custody or another venue before September 17, after which access to these assets on Binance ends. A Binance delisting usually drains an asset's deepest liquidity, so exits get harder once the pairs close.

For ICX, SCRT and STORJ, losing the largest exchange's order books is a heavy blow to liquidity and visibility, the kind of exit that often marks a long tail for older, low-volume projects.

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Coinbase's Base App has switched on perpetual futures powered by Hyperliquid, opening more than 290 markets across crypto, tokenized stocks and commodities with leverage of up to 50x.

Orders are placed inside Base App's own interface, but Hyperliquid handles matching, execution and settlement on its onchain order book. Perps are roughly 75% of all crypto trading volume, and Coinbase Head of Engineering Chintan Turakhia called them "the single most requested feature from our power users." Coinbase has not disclosed fees, contract specs or the full market list.

The launch is also another step in Base App's pivot away from social features: co-founder Jesse Pollak said the team made "the right bet on builders, but obviously the wrong bet on social." Coinbase has been Hyperliquid's official USDC treasury deployer since May.

Access is closed to users in the US, UK and Canada, where leveraged crypto derivatives are restricted, so the biggest retail market stays out for now.

It lands a day after Trump said CFTC Chair Michael Selig is working to bring Hyperliquid into the United States "in a fully compliant fashion," which would open that door.

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Ethereum engineering firm Nethermind has ended its verifier role in LayerZero’s DVN network and moved its cross-chain operations to Chainlink, joining as a node operator and strategic technology provider.

Nethermind said the decision followed an extensive review, but did not publish the findings or the technical factors behind it. It joins a growing group of firms that have shifted cross-chain work from LayerZero to Chainlink since April's Kelp DAO bridge exploit, which drained 116,500 rsETH worth about $292 million from a LayerZero-powered bridge.

For Chainlink, it is another endorsement of its CCIP cross-chain stack. For LayerZero, it is a steady drain of infrastructure partners the network will be keen to stem.

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