XRP Whipsaws on $2.84–$2.99 Range as Bulls Eye Breakout Above $3
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On-chain data flagged institutional-sized flows, with nearly 155 million in XRP turnover during recovery periods, far above the 63 million daily average.
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On-chain data flagged institutional-sized flows, with nearly 155 million in XRP turnover during recovery periods, far above the 63 million daily average.
[U.S. OCC Cancels Remediation Requirements for Anchorage Digital, Regulatory Stance Turns Friendly] According to a report by Golden Finance, the U.S. Office of the Comptroller of the Currency (OCC) has announced the withdrawal of the remediation consent order for Anchorage Digital. The document was initially issued during the Biden administration in 2022 due to deficiencies in anti-money laundering (AML) and know-your-customer (KYC) practices. The OCC stated that the institution's soundness and compliance status no longer necessitate maintaining this requirement. During the Trump administration, U.S. regulatory agencies gradually adopted a more friendly stance toward cryptocurrency. The Federal Reserve has rescinded previous guidance restricting banks from engaging in crypto-related activities and has jointly issued a statement with the OCC clarifying how existing rules apply to banks' custody of clients' crypto assets.
BlockBeats News, August 22, according to on-chain data, 'Machi Big Brother' Jeff Huang currently holds long positions in BTC, ETH, HYPE, PUMP, and YZY with a total value exceeding $140 million. The unrealized loss has narrowed to $8.4 million, after previously exceeding $10 million. Among them, the ETH long position exceeds $100 million, with an entry price of $4,553.74, a liquidation price of $3,132.56, and an unrealized loss of $6.61 million.
[User Falls Victim to Social Engineering Attack, Loses 783 BTC] On-chain analyst ZachXBT revealed that on August 19, 2025, a user lost 783 Bitcoin (approximately $91.4 million) due to a social engineering attack. The attacker impersonated customer support from a trading platform and hardware wallet to carry out the scam. After stealing the funds, multiple transfers were conducted through Wasabi.
Binance SOL/USDT is currently trading at $179.95, with a 5-minute drop of 0.30%. Please pay attention to market fluctuations.
[South Korean Prosecutors Seek 3-Year Prison Sentence for Actress Hwang Jung-eum Accused of Embezzling 4.2 Billion Won in Public Funds to Invest in Cryptocurrency] BlockBeats News, August 22, according to Yonhap News Agency, South Korean prosecutors are seeking a 3-year prison sentence for actress Hwang Jung-eum, who has been indicted for allegedly embezzling 4.3 billion won (approximately $3.07 million) in company funds to invest in virtual currency. On the 21st, during the final trial held at the Jeju District Court's Criminal Division 2 (Presiding Judge Lim Jae-nam), the Jeju District Prosecutors' Office requested the court to sentence actress Hwang Jung-eum to 3 years in prison for violating the Act on the Aggravated Punishment of Specific Economic Crimes (embezzlement). Earlier reports stated that on June 17, South Korean actress Hwang Jung-eum (phonetic translation) was indicted for allegedly embezzling approximately 4.2 billion won (about $3.07 million) in company funds to invest in virtual currency. Her agency, Y1 Entertainment, announced on June 17 that Hwang Jung-eum had fully repaid the owed amount in two installments on May 30 and June 5. Previously, around 2022, Hwang Jung-eum withdrew a total of 4.34 billion won from Hunminjeongeum Entertainment, most of which was used for cryptocurrency investments. The case involves violations of the embezzlement-related provisions under the Act on the Aggravated Punishment of Specific Economic Crimes and is currently undergoing judicial proceedings.