Crypto Market Round Up: August 18 2026
Chang.K·Aug 10, 2026·3 min readU.S. Treasury proposes stablecoin licensing rules under the GENIUS Act, SafePal discloses a 39,798-customer data breach, and Cboe files for the first 3x leveraged crypto ETFs.
U.S. regulators advanced new crypto frameworks this week while a major hardware wallet data breach raised fresh security concerns.
↳ SafePal disclosed a data breach affecting 39,798 customers after a third-party plugin flaw exposed names, emails, and shipping addresses from March 2025 to April 2026. Seed phrases and private keys were not compromised.
↳ The U.S. Treasury proposed GENIUS Act stablecoin licensing rules requiring federal or state approval starting January 2027. Unlicensed issuance carries fines up to $1 million and up to five years in prison.
↳ Cboe filed with the SEC to list the first U.S. 3x leveraged Bitcoin and Ethereum ETFs, sponsored by Volatility Shares via CME futures contracts.
↳ The SEC canceled its August 14 open meeting on Regulation Crypto without setting a new date, citing an unforeseen scheduling issue linked to CLARITY Act negotiations.




