Tuesday, August 11, 2026

XRP bridge drained for $200,000 after software mistook fake deposits for real ones

An attacker created unbacked XRP on another blockchain, then exchanged it for real XRP held in reserve. The bridge has been halted and its operator has filed a complaint with the FBI.

source https://www.coindesk.com/tech/2026/08/12/xrp-bridge-drained-for-usd200-000-after-software-mistook-fake-deposits-for-real-ones

Bitcoin stuck as ETF inflows offset selling, but inflation data could spark a move

Weeks of sideways trading have crushed volatility, leaving Wednesday’s inflation report as the next potential catalyst, analysts said.

source https://www.coindesk.com/markets/2026/08/11/bitcoin-stuck-as-etf-inflows-offset-selling-but-inflation-data-could-spark-a-move

CFTC orders Kalshi to continue offering prediction markets in New York after state lawsuit

New York sued Kalshi last month in a bid to block it from operating sports-related prediction markets.

source https://www.coindesk.com/policy/2026/08/11/cftc-orders-kalshi-to-continue-offering-prediction-markets-in-new-york-after-state-lawsuit

Brazil's largest lender Itaú is stepping deeper into the tokenization

Itaú Unibanco said it teamed up with tokenization specialist OpenAssets to test tokenized bonds and funds in a pilot run by Brazil's financial watchdog ANBIMA.

source https://www.coindesk.com/business/2026/08/11/brazil-s-largest-lender-itau-is-stepping-deeper-into-the-tokenization

XRP bridge drained for $200,000 after software mistook fake deposits for real ones

An attacker created unbacked XRP on another blockchain, then exchanged it for real XRP held in reserve. The bridge has been halted and its o...