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Crypto news and market commentary from Spoted Crypto.

A $320,000 trade just triggered $36 million in liquidations

A $320,000 Pendle trade on a thin PT-reUSD pool triggered $36M in Morpho liquidations — no hack, no depeg.

A single misplaced macro cost Coldcard users $130 million

Coldcard's RNG macro bug left ~40-bit entropy for 5 years, enabling $130M in Bitcoin theft; firmware 4.2.0 fixes it.

Miss Pakistan's crypto deadline and it's a criminal offense

Pakistan's PVARA requires all Transitional VASPs to file NOC applications before September 5, 2026, or face penalties.

Two ETH bought total control of a $8.5M DeFi vault

How Term Finance's Term Strategy Vaults lost $8.5M in ETH and USDC to a governance takeover, not a code bug.

ETFs added $23B in assets. Only $2.6B was new money.

Spot Bitcoin and Ether ETFs drew $2.6B for the week ended Aug 21; $23B AUM growth was mostly price gains.

SEC canceled the meeting. The crypto rule came out anyway.

SEC canceled its August 14 meeting on crypto rules, then published Regulation Crypto Assets August 21 without a vote.

Every Ethereum wallet assuming 21,000 gas is about to break

How EIP-2780 replaces Ethereum's flat 21,000 gas fee, and why wallets must update before Glamsterdam's 2026 launch.

Citi will let Bitcoin cross-margin against bonds

Citi's Custody+ lets institutions cross-margin Bitcoin against traditional securities in one account.

$115M drained from wallets that never went online

Galaxy Research pins Coldcard seed-flaw losses at $115M through Aug 13, 2026 — causes and affected models.

UBS's IBIT call bet jumped 24x in a single quarter

UBS's Q2 2026 13F shows IBIT call options up 24-fold to $65M, while its outright bitcoin ETF stake rose just 12%.

SEC caps leveraged funds at 200%. Cboe just filed for 300%.

SEC Rule 18f-4 caps funds at 200% leverage; Cboe's SR-CboeBZX-2026-065 seeks approval for 3x bitcoin, ether ETFs.

MSCI's delisting test just caught a uranium miner, not crypto

MSCI's August 2026 consultation could remove Strategy and Metaplanet from the ACWI IMI over non-operating asset rules.