Updated: August 17, 2026, 09:30 (UTC+8) | Author: MEXC Headlines Bitcoin ETFs saw $385 million in weekly net outflows as BTC fell 2.87% Cosmostation to discontinue wallet services in September SECUpdated: August 17, 2026, 09:30 (UTC+8) | Author: MEXC Headlines Bitcoin ETFs saw $385 million in weekly net outflows as BTC fell 2.87% Cosmostation to discontinue wallet services in September SEC
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MEXC On-Chain Daily Report: SEC cancels crypto rule meeting, further delaying exemptions

Beginner
Aug 17, 2026MEXC
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4$0.02292-8.20%
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Updated: August 17, 2026, 09:30 (UTC+8) | Author: MEXC

Headlines

  • Bitcoin ETFs saw $385 million in weekly net outflows as BTC fell 2.87%
  • Cosmostation to discontinue wallet services in September
  • SEC cancels crypto rule meeting, further delaying exemptions
  • WLFI conditionally approved to establish a national trust bank
  • 82% of STABLE supply locked until 2029

Industry Updates

Stablecoin Company BLOX Raises $1 Million in Seed Funding Led by Kivo Technology

According to Fintechnews, Malaysian stablecoin company BLOX has raised $1 million in seed funding led by Kivo Technology, the technology investment arm of a Singapore-based venture capital fund. The new capital will support the development of MYRC, a stablecoin backed by the Malaysian ringgit (MYR). BLOX has participated in a domestic blockchain payment proof-of-concept project in Malaysia and aims to use MYRC to explore local payment and blockchain settlement applications.

JPMorgan Ended Banking Relationship With Polymarket Over Regulatory Concerns

According to WSJ, JPMorgan ended its banking relationship with prediction market platform Polymarket last October due to regulatory concerns, although commercial ties between the two parties have not been completely severed. JPMorgan continues to maintain certain business dealings with Polymarket and other prediction market companies, including potential capital markets cooperation. The arrangement reflects a more cautious approach by traditional financial institutions as they balance regulatory risks against emerging opportunities in prediction markets.

Deribit Secures VARA Broker-Dealer License and Gains Access to Coinbase Exchange Markets and Liquidity

According to a post by Brian Armstrong on X, Deribit has obtained a broker-dealer license from Dubai’s Virtual Assets Regulatory Authority (VARA), enabling it to access Coinbase Exchange markets and liquidity. The license will allow Deribit to expand its digital asset services under the UAE’s regulatory framework while strengthening its connection to Coinbase’s trading infrastructure. The development also highlights the UAE’s continued efforts to attract global crypto trading and financial services companies.

Vitalik: Bitcoin’s UTXO Innovation Deserves Recognition as Ethereum Combines Multiple State Models for Scaling

According to a post by Vitalik Buterin on X, the Bitcoin community deserves recognition for advancing UTXO state optimization solutions such as Utreexo. Ethereum is exploring a scaling roadmap that combines the advantages of UTXO-based state, dynamic state and intermediate models. The goal is to enable most network activity to achieve “hyperscale” performance without sacrificing decentralization, ease of node operation or censorship resistance. Utreexo uses accumulator technology to compress state data and reduce full-node storage requirements.

More Than 1,700 Unlicensed Crypto Platforms Ordered to Stop Services as Scammers Exploit MiCA Asset Migrations

According to CoinDesk, more than 1,700 unlicensed crypto platforms have been ordered to stop providing services following the full implementation of the EU’s MiCA regulation on July 1. Only 323 companies currently hold valid authorization, leaving approximately 10 million users facing asset migrations. Scammers are impersonating regulators and licensed trading platforms, sending fraudulent migration notices and directing users to transfer funds. European regulators advise users to verify providers through ESMA’s official register and remain cautious of unsolicited payment or asset-transfer requests.

ECB Survey: Only 0.2% of Eurozone Businesses Accept Cryptocurrency for Online Payments

According to Bitcoin.com News, a European Central Bank survey of 8,205 eurozone businesses found that only 0.2% accept cryptocurrencies or stablecoins for online payments, while acceptance at physical points of sale stands at 1%. Among businesses with physical sales locations, 92% accept cash and 88% accept payment cards. Meanwhile, mobile payment acceptance increased from 36% in 2024 to 68% in 2026, indicating that broader digital payment growth has not yet translated into significant cryptocurrency payment adoption.

BIP-110 Fork Mines Only Four Blocks in Seven Days and Plans September Switch to Blake2b

According to Bitcoin.com News, the BIP-110 branch separated from the Bitcoin mainnet at block height 961632 on August 8 but mined only four blocks over the following seven days, leaving the chain stalled at block 961635 with more than 400,000 transactions awaiting confirmation. Supporters plan to switch the proof-of-work hash function from SHA-256 to Blake2b as early as September. The forked asset has no exchange support or market price, while the absence of replay protection has caused many users to generate transactions unintentionally.

Vals AI Raises $40 Million Series A at a $400 Million Valuation, Led by a16z

According to Techfundingnews, AI model evaluation company Vals AI has raised $40 million in a Series A funding round at a $400 million valuation. The round was led by a16z, with participation from 8VC, Pear VC, Bloomberg Beta, HRT Ventures and Next Ladder Ventures. The new funding will support the expansion of its evaluation infrastructure and the launch of a testing tool that creates programming benchmarks using enterprise GitHub codebases. The company independently evaluates frontier models developed by major technology firms.

Trump Plans to Attend White House Innovation Conference With CEOs From Coinbase, Ripple and Other Crypto Companies

According to CoinDesk, the White House plans to hold an innovation conference next week, with U.S. President Donald Trump expected to attend alongside CEOs from Coinbase, Ripple, Gemini, Robinhood, Polymarket and Kalshi. These executives are members of the CFTC’s newly established Innovation Advisory Committee. The conference is expected to serve as a preview of the committee’s first formal meeting, with participants discussing developments and regulatory frameworks across cryptocurrency, prediction markets and artificial intelligence.

MEXC Market Heatmap

Data Note: Based on real-time MEXC market data recorded before 09:30 (UTC+8). Figures may subsequently change with market fluctuations.

Top 24H Gainers: XPLK/USDT (+279.17%),ZAY/USDT (+135.57%), SHOT/USDT (+90.00%)
Top 24H Trading Volume: BTC/USDT (166.142M), ETH/USDT (67.708M), KII/USDT(24.301M)
New Listing Announcement: OV/USDT, listing time: 2026-08-17 16:00:00 (UTC+8)

On-Chain Calendar

High-Risk Token Unlocks
  • RE/USDT [08-18 04:00] — 3.01M USDT unlock, representing 4.51% of circulating supply; moderate short-term selling pressure
  • KAITO/USDT [08-20 04:00] — 11.32M USDT unlock, representing 13.3% of circulating supply; high short-term selling pressure
  • ZRO/USDT [08-20 16:00] — 17.92M USDT unlock, representing 6.72% of circulating supply; high short-term selling pressure
  • LMTS/USDT [08-22 16:00] — 777,936 USDT unlock, representing 9.6% of circulating supply; high short-term selling pressure
  • H/USDT [08-24 10:00] — 39.36M USDT unlock, representing 14.26% of circulating supply; high short-term selling pressure
  • XPL/USDT [08-26 04:00] — 6.66M USDT unlock, representing 3.3% of circulating supply; moderate short-term selling pressure
  • ALT/USDT [08-26 21:00] — 1.43M USDT unlock, representing 3.48% of circulating supply; moderate short-term selling pressure
Key Macro Events
  • Aug 17, 07:50 — Japan | Statistics Authority | Preliminary GDP Price Index YoY at 2.6% [Inflation signals affect Japanese rate expectations and yen liquidity]
  • Aug 17, 10:00 — China | Statistics Authority | Unemployment and fixed-asset investment data [Growth data influence risk appetite and regional capital allocation]
  • Aug 17, 17:30 — Eurozone | European Central Bank | Executive Board member Lane speaks [Policy signals affect euro rate expectations and U.S. dollar flows]
  • Aug 17, 18:30 — India | Statistics Authority | Unemployment rate data [Employment changes influence growth expectations and emerging-market allocations]
  • Aug 17, 20:30 — Canada | Statistics Authority | Inflation and securities purchase data [Inflation affects rate expectations and transmits into risk assets]

Security Alert

Following the full implementation of the EU’s MiCA regulation, many unlicensed platforms have stopped providing services. Scammers are exploiting the resulting demand for asset migration by impersonating regulators, licensed exchanges and customer support representatives. They may send phishing links disguised as account migration, fund verification or management fee notices. Users who transfer funds, disclose seed phrases or approve malicious wallet permissions could suffer irreversible asset losses. Before moving assets, verify the provider through ESMA’s official register and the platform’s official website. Never click links received through unsolicited messages, pay fees to supposed customer support agents or disclose seed phrases, private keys or verification codes.

MEXC Chain Observation Daily, updated daily, strives to provide professional, timely, and in-depth market analysis for cryptocurrency practitioners. Welcome to share and subscribe.
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