SpendNode Podcast: Crypto News & Analysis

Coinbase CEO Brian Armstrong urged Congress to pass the Clarity Act, arguing the market structure bill helps consumers, banks, and law enforcement alike. Read the full article: https://www.spendnode.io/blog/coinbase-armstrong-clarity-act-market-structure-push-august-2026/

Cronos paused block production after an attacker drained an estimated $75M from lending protocol Tectonic. Here is what happened and what it means for users. Read the full article: https://www.spendnode.io/blog/cronos-tectonic-exploit-chain-halt-75m-august-2026/

A record $9.7B in short liquidations hit crypto over seven days as prices climbed. Here is what drove the squeeze and what it signals for leverage and funding. Read the full article: https://www.spendnode.io/blog/crypto-97-billion-short-squeeze-largest-liquidation-august-2026/

Crypto.com launched a new Airdrop Arena event sharing $150,000 in RENDER for CRO allocators through Sept 28, with a 120% points boost at 1,500 CRO. Read the full article: https://www.spendnode.io/blog/crypto-com-airdrop-arena-render-150k-august-2026/

Avici says every affected Solana card balance is refunded in full, plus an extra 10% cashback, after a contract exploit its partner Rain has now patched. Read the full article: https://www.spendnode.io/blog/avici-solana-card-refunds-complete-10-percent-cashback-august-2026/

Deribit is removing its public Proof of Reserves page on September 1, 2026, ending daily balance verification for customers. Here's what changes for traders. Read the full article: https://www.spendnode.io/blog/deribit-removes-public-proof-of-reserves-september-2026/

Sberbank, Russia's largest bank, plans to accept Bitcoin, Ethereum and USDT as collateral for loans, per TASS, moving crypto into mainstream credit rails. Read the full article: https://www.spendnode.io/blog/sberbank-bitcoin-ethereum-usdt-loan-collateral-august-2026/

BNB Chain's bStocks launch pushes it to the top spot for tokenized equities, per Messari. Here is what the shift means for onchain stocks and traders. Read the full article: https://www.spendnode.io/blog/bnb-chain-bstocks-largest-tokenized-equities-august-2026/

Tria says a Solana card contract flaw at issuing partner Rain hit 636 users and $431,945 in card balances. Wallets were untouched, and every affected user is being refunded in full. Read the full article: https://www.spendnode.io/blog/tria-rain-solana-card-vulnerability-636-users-refund-august-2026/

Jupiter Card's partner paused card-balance withdrawals as a precaution during a Solana card ecosystem security incident. Withdrawals have resumed; funds were never at risk. Read the full article: https://www.spendnode.io/blog/jupiter-card-solana-security-incident-withdrawals-resume-august-2026/

Polygon Labs pushed an emergency client upgrade after the Austin and Kyoto hardforks. Nodes on old Bor or Heimdall binaries have already dropped out of consensus. Read the full article: https://www.spendnode.io/blog/polygon-urgent-client-upgrade-validator-consensus-august-2026/

US spot Ethereum ETFs launched showing $10.36B in assets, but filing data shows 98.7% came from Grayscale conversions, not fresh institutional buying. Read the full article: https://www.spendnode.io/blog/ethereum-etfs-10-billion-launch-grayscale-conversions-fresh-money-august-2026/

Tria says a security incident hitting Solana card programs affected some card balances. The issue is resolved and affected users will be compensated in full. Read the full article: https://www.spendnode.io/blog/tria-solana-card-balance-issue-resolved-user-compensation-august-2026/

IREN's Q4 FY2026 report shows AI cloud revenue at $70.5M, passing Bitcoin mining's $66.7M for the first time, even as a $684M net loss sent shares down 8%. Read the full article: https://www.spendnode.io/blog/iren-ai-cloud-revenue-overtakes-bitcoin-mining-q4-august-2026/

Ripple is moving to add quantum-resistant cryptography to the XRP Ledger before quantum machines can break the signatures that guard user funds. Here is what changes. Read the full article: https://www.spendnode.io/blog/ripple-xrp-ledger-quantum-resistant-q-day-august-2026/

Bullish has provided USD.AI a $100M stablecoin facility to fund loans backed by GPU infrastructure, tying crypto capital to the AI compute buildout. Read the full article: https://www.spendnode.io/blog/bullish-usd-ai-100m-stablecoin-facility-gpu-loans-august-2026/

Ireland's Criminal Assets Bureau shifted another 500 BTC with no public explanation. Here is what government seizures reveal about crypto custody risk. Read the full article: https://www.spendnode.io/blog/ireland-cab-500-btc-seized-crypto-custody-august-2026/

ECB board member Isabel Schnabel urged central-bank money onto blockchain rails, a shift that pulls Europe's monetary core toward tokenized settlement. Read the full article: https://www.spendnode.io/blog/ecb-schnabel-central-bank-money-onchain-august-2026/

Avici says every card balance hit by an incident at its card-issuing partner will be refunded in full, while ether.fi, KAST and Tria report clean systems. Read the full article: https://www.spendnode.io/blog/avici-refunds-affected-card-balances-partner-incident-august-2026/

Strategy says its USD holdings nearly cover all outstanding debt, pushing net leverage close to zero as it keeps buying Bitcoin. Here is what the numbers mean. Read the full article: https://www.spendnode.io/blog/strategy-net-leverage-near-zero-bitcoin-treasury-august-2026/

Ethena bought out locked seed investor tokens and proposed a fee switch sending 95% of net protocol revenue to ENA buybacks, cutting unlock overhang. Read the full article: https://www.spendnode.io/blog/ethena-seed-investor-buyout-95-percent-ena-buyback-august-2026/

Evernorth wins SEC registration to list on Nasdaq as an XRP treasury company under ticker XRPN, a regulatory green light for XRP as an institutional balance-sheet asset. Read the full article: https://www.spendnode.io/blog/evernorth-xrp-treasury-company-nasdaq-sec-clearance-august-2026/

US federal authorities are preparing insider trading charges against a servicemember who made over $1M on Polymarket using knowledge of military operations, per WSJ. Read the full article: https://www.spendnode.io/blog/servicemember-polymarket-insider-trading-classified-military-august-2026/

Sheikh Tahnoon's group reportedly holds a 49% stake in the holding company behind World Liberty's crypto bank plan, per a WSJ report. Here is what it means. Read the full article: https://www.spendnode.io/blog/abu-dhabi-tahnoon-world-liberty-crypto-bank-stake-august-2026/

Bitwise president Teddy Fusaro says the BSOL Solana ETF logged its highest single-day trading volume ever, as SOL climbs 7.8% in 24 hours. Read the full article: https://www.spendnode.io/blog/solana-etf-bsol-record-single-day-volume-bitwise-august-2026/