Latest Crypto News Update - August 12, 2026

Here's the latest crypto market update – majors hold range while speculative tokens see extreme volatility ahead of key CPI data: • Bitcoin slips 0.48% to $63,690; Ethereum gains 0.62% to $1,886 – two-speed market with majors stable, small-caps volatile (12 August 2026) • Wrapped STX (Velar) explodes 2,667% on just $3.31 volume; Royal Euro surges 262.8% – thin-float repricing, not institutional demand • Harmony suffers 4 billion ONE token minting exploit (~26% of supply); ONE drops 26%; Coreum bridge loses ~200K XRP in 97-minute attack • SEC schedules pivotal votes on crypto rules (12-14 August) – potential token safe-harbor framework and fundraising exemptions • U.S. July CPI release today at 8:30 AM ET – consensus 3.4% YoY; cooler