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The Ukrainian police and the Security Service of Ukraine (SBU) recently dismantled a scam network that used a fake investment platform to steal cryptocurrency. This network disguised itself as an investment platform website, luring users to connect their main cryptocurrency wallets and approve a small test transaction when withdrawing funds. Subsequently, it used a "wallet stealer" hidden within the website to automatically transfer user funds to wallets controlled by the operators, kicking victims off the platform. Investigators have currently confirmed 62 victims, with over 46 Ukrainian citizens involved, and the network could steal up to $1 million per month.The police stated that the false profits displayed on the platform are part of the scam, with operators manually creating transactions and adjusting user account balances to create the illusion of investment growth. In addition to cryptocurrency, the platform also collected victims' passport information, phone numbers, email addresses, login credentials, and photos during the registration and identity verification process. The main organizer of the network is a 25-year-old IT expert who recruited over 46 Ukrainian citizens and operated multiple offices in Kyiv and surrounding areas, with members responsible for building and maintaining fake websites, contacting potential victims, and providing security.Victims come from multiple countries, including Germany, Poland, Lithuania, Latvia, Spain, France, the United Kingdom, Canada, and Israel. The police traced the gang's server equipment located in the Netherlands and obtained a database stored there, which included a list of victims, cryptocurrency wallet addresses, suspected stolen amounts, internal communications, and platform operation information. The Ukrainian police and SBU subsequently executed 34 searches in Kyiv and surrounding areas, seizing over 100 computers, more than 100 mobile phones, 79 SIM cards, documents, cash, and 15 vehicles.

According to CoinDesk, digital bank SoFi has partnered with cryptocurrency exchange Kraken to interconnect their respective financial infrastructures. Kraken's parent company Payward will join SoFi's settlement network SEN, allowing its institutional clients to transfer dollars and manage liquidity around the clock without waiting for traditional bank operating hours.Meanwhile, Kraken will launch the bank-issued stablecoin SoFiUSD from SoFi, while SoFi will use Kraken Prime as an additional source of liquidity for its clients' cryptocurrency trading. SoFi CEO Anthony Noto stated that the financial system should not close when financial markets remain open; Payward co-CEO David Ripley noted that millions of users will purchase cryptocurrency assets for the first time through the applications they use daily, and the underlying infrastructure should connect deep, liquid markets.This collaboration is part of SoFi's return to the digital asset space. SoFi has already provided cryptocurrency trading in its app and launched the dollar-backed stablecoin SoFiUSD, and in April of this year, it introduced Big Business Banking, integrating corporate banking with digital asset services. Both parties indicated that future collaborations may also expand to payments, fund management, lending, and other digital asset services.

On Tuesday, the Ukrainian National Police and Security Service announced the dismantling of a fake investment platform network based in Kyiv. This gang stole cryptocurrency from users in over 20 countries through built-in wallet theft tools. Investigators have currently confirmed 62 victims, including citizens from Germany, Poland, Lithuania, Latvia, Spain, France, the UK, Canada, and Israel. The organizers recruited more than 46 Ukrainians, operating multiple offices in Kyiv and surrounding areas, where developers were responsible for building the fake platform and resisting bans, while other members handled customer service and security.According to the Ukrainian Security Service, the organizer is a 25-year-old IT expert, and the gang's peak monthly revenue reached up to $1 million. The scam began with advertisements for cryptocurrency investment projects on Telegram. After users registered, they connected their wallets and invested funds, while gang members manually forged transactions to show a continuously increasing balance in the user backend. When users requested withdrawals, the platform required them to connect their main wallet and approve a small "test" transaction under the pretext of verification. This authorization immediately triggered the built-in theft tool on the website, transferring assets to wallets controlled by the gang and locking the victims' accounts.Investigators tracked down server equipment storing the gang's database in the Netherlands, which recorded victim information, wallet addresses, stolen amounts, internal communications, and platform operation data, as well as user passports, phone numbers, emails, login passwords, and photos. Police executed 34 searches in Kyiv and surrounding areas, seizing over 100 computers, more than 100 mobile phones, 79 SIM cards, one GSM gateway, cash, and 15 vehicles.

According to two informed sources, Payward, the parent company of cryptocurrency exchange Kraken, has postponed its highly anticipated initial public offering (IPO) to as early as the second quarter of 2027. CoinDesk reported in March this year that the company had shelved its multi-billion dollar IPO plans due to a challenging market environment; this delay further extends the much-watched listing process.Payward confidentially submitted its S-1 registration statement draft to the U.S. Securities and Exchange Commission in November 2025, shortly after the company completed an $800 million funding round at a $20 billion valuation, which included a $200 million investment from Citadel Securities. After Circle and Bullish successfully went public last year, the cryptocurrency industry originally expected a wave of listings in 2026, but weak coin prices and trading volumes, along with the lackluster market performance of some newly listed digital asset companies, dampened investor enthusiasm, leading companies like Grayscale, Consensys, and Ledger to also postpone their listing plans.During the IPO hiatus, Payward continued to expand beyond its core exchange business, venturing into traditional and crypto derivatives, tokenized stocks, and payment infrastructure through a series of acquisitions and product launches. The company's adjusted revenue for the second quarter was $508 million, a 17% year-over-year increase, with the number of funded accounts rising to 6.6 million and platform assets reaching $40 billion.

The parent company of Kraken, Payward, announced a partnership with the London Stock Exchange (LSE) to tokenize the stocks of the 100 largest companies listed on the LSE into xStocks, which are backed 1:1. The first London-listed xStocks are expected to be launched on Kraken and other platforms supporting the xStocks Alliance in the coming weeks, available to investors in over 110 countries, but not yet open to UK investors.Subject to regulatory approval, the LSE plans to list and support xStocks trading on its newly launched extended trading hours, LSE 24. LSE CEO Julia Hoggett stated that by collaborating with Payward and continuously working with the market infrastructure ecosystem, they are exploring how issuers and investors can benefit from new access methods while maintaining the standards that underpin the public market. In addition to tokenizing existing stocks, both parties will also explore the issuance of native equity tokens through LSE infrastructure, which have the same rights as traditional stocks and are fully interchangeable.Payward's tokenized stock framework was launched in June 2025 and acquired by Payward in December, having processed over $40 billion in total trading volume, covering more than 200,000 holders, with nearly $20 billion settled on-chain. According to RWA.xyz data, there are currently approximately $2.53 billion in existing tokenized stocks, with xStocks tokenizing about $606.6 million, making it the second-largest issuer after Ondo.

The London Stock Exchange (LSEG) and Payward, the parent company of the cryptocurrency exchange Kraken, announced a partnership to bring stocks of the largest listed companies in the UK onto the blockchain. In the coming weeks, the stocks of the top 100 companies listed on the LSE will be available on Payward's xStocks tokenized stock framework. These xStocks are tokens that correspond one-to-one with the underlying stocks, allowing for 24/7 trading on centralized exchanges, self-custody wallets, and on-chain applications.This initiative continues the rapidly expanding framework of Payward. Over the past year, the cumulative trading volume of xStocks has exceeded $40 billion, with nearly $20 billion settled on-chain, and more than 200,000 product holders. Through the blockchain channel, UK-listed stocks will be able to reach investor groups in over 110 countries, although xStocks are currently not available to domestic UK investors.Subject to regulatory approval, the LSE plans to list and support xStocks trading on its newly launched 24-hour trading platform, LSE 24, and will gradually cover tokenized stocks and more asset classes in the US, EU, UK, and Hong Kong. Both parties also stated that they will explore stock tokens issued natively by the LSE, allowing LSE members to issue and service stocks directly on-chain, with the same full interchangeability and rights as traditional stocks. Payward Co-CEO Arjun Sethi stated that for years, people have assumed that crypto and traditional finance must collide and one side would lose, but that has never been the real story;

According to Bloomberg, the decentralized perpetual contract trading platform Hyperliquid is in advanced negotiations with Kraken's parent company Payward, planning to offer some crypto perpetual contract products to U.S. traders through its U.S.-regulated digital asset exchange and clearinghouse Bitnomial. Representatives from Payward and Hyperliquid Labs declined to comment.If the deal is reached, it will mark Hyperliquid's first entry into the U.S. market, headquartered in Singapore. The platform has a daily trading volume exceeding $4 billion, but it cannot be opened to U.S. users due to its design without a centralized operator. Providing access through Bitnomial's regulated infrastructure can meet regulatory requirements for operators and regulatory frameworks. Any agreement still requires regulatory approval, and Payward has submitted a proposal outlining the basic structure to the U.S. Commodity Futures Trading Commission.This negotiation comes as Trump stated earlier this month that his administration is working to bring the platform to the U.S., and CFTC Chairman Michael Selig is also seeking to pave the way for Hyperliquid. Meanwhile, the SEC and CFTC are pushing to bring offshore perpetual contract trading back to U.S. platforms.

According to on-chain analyst Yu Jin's monitoring, Pump.fun (2p23...Cv3q) transferred 132,937 SOL in transaction fee revenue to Kraken 20 minutes ago, worth 13.74 million USD.

The cryptocurrency exchange Kraken recently temporarily locked some customer accounts due to nearly 12,000 small transfers sent from wallets marked by Arkham Intelligence as belonging to competitor HTX to Kraken-associated addresses between August 17 and 24. Each transfer ranged from a few cents to several dollars. Kraken stated that this method, known as dusting attacks, exploits the arbitrary transfer characteristics of public blockchains to associate sanctioned funds with unrelated users, thereby triggering sanction screening mechanisms.The Kraken compliance team has restored user access while continuing to freeze the relevant sanctioned funds and cooperating with authorities to ensure the attack does not achieve its intended effect. HTX responded that an internal review found no official accounts involved in the related small transactions and is investigating whether the sending wallets were misidentified or operated by third parties. The UK sanctioned HTX in May, and the EU included it in a trading ban in July, which took effect on August 23, coinciding with the timing of the attack.

According to Bloomberg, Kraken stated that some customers were temporarily unable to access their accounts after receiving tiny amounts of cryptocurrency from wallets associated with the sanctioned competitor HTX. Kraken referred to these transfers as "dust attacks," believing their purpose may be to trigger compliance reviews on the platform by spreading sanctioned funds.Data from Etherscan and Arkham Intelligence shows that from August 17 to 24, the wallet sent nearly 12,000 small transfers to addresses related to Kraken, most of which were worth only a few cents or a few dollars.Kraken stated that it has restored account access for affected customers while continuing to withhold the relevant sanctioned funds as required and is cooperating with authorities to limit the impact. HTX denied initiating these transfers and stated that it is investigating, with possible reasons including source identification errors or malicious activities by third parties.

According to official news, the decentralized AI infrastructure network DGrid AI announced that its token $DGAI will launch its TGE on August 24, 2026, at 16:00, and will simultaneously open spot trading on multiple exchanges including OKX Boost, Kraken, Bitget, Gate.io, Kucoin, and MEXC.According to previous news, DGrid AI has announced the $DGAI token economics, of which 50% will be used for node network operation and node incentives, 8% will be used for airdrop rewards, and the $DGAI airdrop will be distributed to users' linked exchange accounts on the day of TGE.

Hyperliquid testnet has added compliance operation control features such as whitelisting, forced liquidation, and collateral transfer. Currently, a node named "Kraken HIP-3 test DEX" is testing these licensed features, and 10 wallets have been whitelisted.Although the testnet supports permissionless deployment, in light of Kraken's parent company's recent business expansion trends, the community speculates that Kraken may be the first CEX to test this compliant DEX functionality.

Ukraine is seeking to use drones equipped with the Starlink system to strike missile launch silos within 200 kilometers inside Russia due to a shortage of air defense interceptors. This move requires approval from Elon Musk, whose position is uncertain.Communication has faced challenges since the dismissal of former Defense Minister Mykhailo Fedorov. Military experts say Ukraine is struggling to obtain enough interceptors to maintain its air defense strategy.

According to The Block, Kraken's parent company Payward's co-CEO Dave Ripley stated that the company is exploring becoming a "full-service bank" outside the United States to expand services such as payments, lending, yield, and custody.Payward is also building asset management capabilities and transforming its infrastructure into a series of services accessible to banks, brokerages, and fintech companies.

According to on-chain analyst @ai_9684xtpa, the Pump.fun fee address has deposited 72,252.69 SOL to Kraken in the past 15 minutes, worth approximately 6.303 million USD.

The payment app Krak under Kraken has launched its multi-asset debit card in the United States, after the card was previously launched in the United Kingdom and the European Economic Area (EEA). The card is built in collaboration with Stripe and can be used at all merchants that accept Visa.Users can earn up to 2% cashback in USD or Bitcoin and are able to hold and spend over 600 types of currencies and assets. Krak aims to provide users with a convenient payment experience between crypto assets and fiat currencies.

Cryptocurrency exchange Kraken has announced that it has opened U.S. stock trading services to European users. Eligible users can now buy and sell U.S. stocks directly through the Kraken platform, further expanding its traditional financial asset trading product line.In recent years, Kraken has continuously promoted compliance and product diversification. While providing cryptocurrency trading, it has gradually introduced traditional securities such as stocks and ETFs to meet the demand of European users for one-stop investment services.

Payward (the parent company of Kraken) stated that in the coming weeks, it will use Claude Mythos 5 to scan for vulnerabilities in all Payward environments, and the findings will be directly incorporated into its existing security program.

According to on-chain analyst Onchain Lens (@OnchainLens), a certain Hyperliquid trader address (0xA03...702aA) unstaked 20,000 HYPE (approximately $1.15 million) 3 hours ago and transferred it to Kraken, suspected to be preparing for a sale.The wallet also unstaked and deposited 24,950 HYPE to Kraken last week. Since December 2025, this address has accumulated $47.79 million in purchases of 1.37 million HYPE and $45.47 million in sales of 1.25 million HYPE, with a total spot trading volume of $93.25 million, resulting in a cumulative loss of approximately $406,000.