Today's Crypto and Bitcoin News

A 33-billion-parameter model from Chinese AI firm MiniMax has taken the top spot in the Video Edit Arena on arena.ai, scoring 1390 points and opening a 32-point gap over its closest competitors, Dreamina Seedance 2.0 and Gemini Omni Flash. The model, called MiniMax-H3, launched on July 31, 2026, and

ChainCatcher report, according to The Defiant, Geoff Kendrick, Global Head of Digital Assets Research at Standard Chartered, stated that his previous target price of $100 for UNI by end-2030 may have been too low. Kendrick noted that the rate of protocol fee burns on Uniswap has exceeded prior expec

The Ethereum Foundation is walking back one of its more ambitious cryptographic bets. After spending over a year evaluating the Poseidon hash function as a potential upgrade for base-layer hashing, the foundation is now favoring SHA and BLAKE3, two well-established alternatives with decades of secur

ChainCatcher report: According to Robinhood’s official announcement, Robinhood Ventures Fund II (RVII) has finalized the pricing of its initial public offering, issuing 8 million shares of common stock at $25 per share. The fund’s total size is $225.5 million (before deducting underwriting discounts

PANews, August 13: Justin Drake, researcher at the Ethereum Foundation, tweeted that the Ethereum Foundation has decided to abandon Poseidon hashing on L1 in favor of traditional hash functions SHA or BLAKE. Since 2018, the Ethereum Foundation has invested in “SNARK-friendly hashing.” Poseidon, intr

Bullish (NYSE: BLSH) shares jumped in early trading on Thursday after the institution-focused crypto exchange and CoinDesk owner reported a strong rebound in quarterly results. The company said second-quarter adjusted revenue climbed 62% year over year, while adjusted EBITDA more than tripled, refle

Odaily Planet Daily reports that Justin Drake has posted that Ethereum L1 will no longer use the Poseidon hash function, which has dominated since 2019, and will instead transition to traditional hash functions such as SHA-2 or BLAKE2s. This shift is driven by advancements in the field of SNARK desi

Institutional XRP exposure enters a Canadian bank filing, with a Bitwise ETF position adding another regulated investment signal today.National Bank of Canada reported Bitwise XRP ETF exposure for June 30, adding a new institutional record across broader XRP markets.A 13F disclosure confirms ETF exp

SanDisk just finished designing its first High Bandwidth Flash memory die, a milestone that puts the company on track to deliver product samples in 2027.High Bandwidth Flash, or HBF, is SanDisk’s bet that you can take existing NAND flash technology, stack it in clever ways, and get performance that

CoinDesk reports:Trezor disclosed that its logistics fulfillment partner, ShipMonk, experienced an unauthorized access incident, resulting in the exposure of some customers' names, phone numbers, email addresses, and shipping addresses. The company stated that its own systems were not compromised, a

CoinDesk reports:Ether.fi is expanding its product line, originally known for Ethereum staking, to better align with everyday financial use cases. The company disclosed that users can now trade tokenized stocks, precious metals, and crypto assets within its self-custody app, and use their holdings a

ME News reports that on August 13 (UTC+8), data infrastructure company Perle Labs announced that Samsung is leveraging Perle Labs’ human-verified data infrastructure to support enterprise-grade AI development. Samsung is currently advancing AI across its extensive technology ecosystem, encompassin

The High Bandwidth Flash consortium has released its first technical specification, roughly six months after launching in February 2026. The spec outlines a new class of NAND-based memory designed to tackle one of AI’s most stubborn infrastructure problems: there simply isn’t enough fast, affordable

For years, the AI hardware race has centered on one bottleneck: memory. Specifically, how fast you can feed data to GPUs that are increasingly starving for it. SanDisk, operating under the Western Digital umbrella, thinks the answer isn’t just faster DRAM. It’s flash memory that behaves like DRAM.Th

SanDisk, working alongside SK hynix, has introduced a new memory standard called High Bandwidth Flash (HBF) that combines NAND flash with advanced wafer bonding techniques to deliver read bandwidths that rival High Bandwidth Memory (HBM) while packing in dramatically more storage capacity.The first