Crypto Briefing — 2026-08-17
Summary
- Coinbase-Circle USDC collaboration, FOMC minutes and oil prices set to shape the crypto market this week
- White House to host Coinbase, Ripple and Wall Street executives as crypto policy takes center stage
- JPMorgan launches Bitcoin-backed lending services as Wall Street deepens crypto involvement
- World Gold Council CEO warns Bitcoin will eventually reach zero value
- Binance CEO says crypto is expanding beyond trading into broader financial infrastructure
- Cybersecurity alert as fake Web3 interviews deploy NeedleStealer and hVNC RAT malware
- Thunes integrates EURC to expand Web3 infrastructure for instant euro treasury funding
- CoinDCX user loses nearly ₹27,500 in Web3 swap due to slippage issue
- Wave of Web3 project closures spreads across cryptocurrency market
Key Events Shape Crypto Market Week
Several major events are set to influence cryptocurrency markets this week, including the anticipated Coinbase-Circle USDC collaboration details, Federal Open Market Committee (FOMC) minutes release, and oil price movements. These developments could significantly impact market sentiment and trading patterns in the coming days.
Read Full Article: CoinDesk
White House Hosts Crypto Industry Leaders
The White House is scheduled to host executives from Coinbase, Ripple, and major Wall Street firms this week in a significant meeting on cryptocurrency policy. This high-level gathering signals the growing importance of digital assets in U.S. financial policy discussions and could lead to clearer regulatory frameworks.
Read Full Article: TradingView
JPMorgan Launches Bitcoin-Backed Lending
JPMorgan has officially opened Bitcoin-backed lending services, marking a significant milestone in traditional finance's adoption of cryptocurrency. This move represents Wall Street's deepening involvement in the crypto space and could pave the way for more institutional services leveraging digital assets as collateral.
Read Full Article: Bitcoin Foundation
World Gold Council CEO Predicts Bitcoin's Demise
The World Gold Council CEO has made controversial predictions that Bitcoin will eventually reach zero value. The executive cited fundamental concerns about cryptocurrency's long-term viability compared to traditional assets like gold, though these views contrast sharply with growing institutional adoption.
Read Full Article: CCN.com
Binance CEO Sees Crypto's Evolution Beyond Trading
Binance CEO has stated that cryptocurrency is expanding far beyond simple trading activities into comprehensive financial infrastructure. This evolution encompasses payment systems, cross-border transfers, and decentralized finance applications, indicating the industry's maturation into a broader financial ecosystem.
Read Full Article: bloomingbit
Cybersecurity Alert: Fake Web3 Interviews Deploy Malware
Security researchers have discovered a sophisticated attack using fake Web3 job interviews to deploy NeedleStealer and hVNC RAT malware. The attackers use signed ClickOnce technology to bypass security measures, posing significant risks to job seekers in the cryptocurrency industry.
Read Full Article: CyberSecurityNews
Thunes Integrates EURC for Euro Treasury Funding
Thunes has expanded its Web3 infrastructure by integrating EURC (Euro Coin) to enable instant euro treasury funding. This development enhances the company's ability to provide seamless cross-border payments and represents another step toward bridging traditional finance with blockchain technology.
Read Full Article: FF News
CoinDCX User Reports Major Slippage Loss
A CoinDCX user has reported losing nearly ₹27,500 during a Web3 swap due to extreme slippage issues. The incident highlights the risks associated with decentralized exchanges and the importance of understanding slippage tolerance settings when executing large trades in volatile markets.
Read Full Article: CryptoRank
Wave of Web3 Project Closures Spreads
The cryptocurrency market is experiencing a significant wave of Web3 project closures, signaling potential market consolidation. This trend reflects the challenging market conditions and sustainability issues facing many projects launched during the previous bull market cycle.
Read Full Article: 链捕手ChainCatcher
