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GTA 6 Creator’s Stock Hits Solana as Netflix Special Approaches

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TTWO Price Performance

A tokenized version of Grand Theft Auto VI (GTA 6) publisher Take-Two Interactive Software’s (TTWO) stock has launched on Solana through Backpack Securities. Holders can now trade the company’s equity straight from a compatible crypto wallet.

The listing arrives as Netflix readies an exclusive extended look at GTA 6. The special airs August 27. It lands ahead of the game’s November 19 launch on PlayStation 5 and Xbox Series X|S.

How the TTWO Tokenized Stock Trades on Solana

Backpack Securities is the tokenization arm of the Solana-based exchange Backpack. It minted the wrapped TTWO shares and listed them across several venues.

Backpack frames the tokens as direct equity claims rather than synthetic price trackers. Each one represents a 1:1 redeemable stake in TTWO shares held through a dedicated custody vehicle, not a derivative contract that only mirrors the stock’s price.

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“Unlike synthetic alternatives, Backpack investors hold full ownership of the traded U.S. equities, backed by the depth of traditional exchange liquidity,” Backpack CEO Armani Ferrante, via GlobeNewswire

The tokens still settle instantly and trade outside Nasdaq’s normal hours, unlike the underlying stock itself.

The wrapped stock last changed hands at $233.79, according to live BeInCrypto data. That price held flat over the past 24 hours. Market capitalization stands near $288,438, and the token touched an all-time high of $238.10 on August 6.

This listing follows a broader push to move equities onchain. Backpack tokenized SpaceX shares in June. Robinhood Chain, meanwhile, leads rival platforms in tokenized stock holders, even though meme coins still dominate its trading volume.

TTWO Price Performance
TTWO Price Performance. Source: BeInCrypto Markets

GTA 6 Hype Builds Around the Netflix Reveal

Netflix confirmed the GTA 6 special through its Tudum editorial hub. The premiere runs on Netflix first, at 3 p.m. ET on August 27, before Rockstar Games posts it to YouTube and the official GTA VI site six hours later.

Rockstar has not detailed the extended look’s exact contents, though it has billed the special as more than a standard trailer. The story itself follows two protagonists, Jason and Lucia, across the fictional state of Leonida after a heist collapses.

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Anticipation for the game has been building for months. Take-Two’s July filing confirmed the release date and projected over a billion dollars in fiscal 2027 cash flow. Rising chip costs have also pushed console prices higher across the industry, adding pressure just as GTA 6 nears launch.

Wall Street analysts remain bullish on the underlying stock regardless. Twenty-nine analysts tracked by S&P Global hold a Strong Buy rating on TTWO. Their consensus price target sits at $284.14, according to stockanalysis.com, with individual targets ranging from $170 to $368.

Investors can track the current TTWO price on BeInCrypto’s Markets page as the Netflix premiere nears. The coming weeks will show whether the tokenized shares can keep pace with Wall Street’s optimism heading into the GTA 6 launch.

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Stock Market Today: Dow Down After Surprise Jobs Reading; Cloudflare Soars

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Stock Market Today: Dow Down After Surprise Jobs Reading; Cloudflare Soars

The Dow Jones Industrial Average and other major stock indexes started mixed Friday, with the U.S. July jobs report unexpectedly showing losses in the labor market. Meanwhile, artificial intelligence cybersecurity leader Cloudflare (NET) was a big earnings winner on the stock market today. Just after Friday’s open, the Dow Jones industrials slipped 0.1%, while the S&P 500 gained 0.3%. The tech-heavy…

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World Enters 'Phase 3,' Extends Proof of Human to AI Agents

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World Enters 'Phase 3,' Extends Proof of Human to AI Agents


World, the iris-scanning identity project co-founded by OpenAI CEO Sam Altman, said on July 24 it has entered "Phase 3" of its five-stage roadmap, shifting the network's focus from bootstrapping signups with WLD token rewards to selling proof-of-human verification — including to AI agents acting on… Read the full story at The Defiant

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Bitcoin hovers below $65,000 as Middle East tensions escalate further: Crypto Markets Today

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Bitcoin hovers below $65,000 as Middle East tensions escalate further: Crypto Markets Today

Bitcoin is holding near $64,700 Friday, barely changed over the last 24-hour period, while the broader CoinDesk 20 (CD20) index is down 0.2% over the period.

Brent crude has meanwhile moved to over $83 a barrel after Yemen’s Iran-linked Houthis attacked Saudi Arabia, further escalating tensions in the Middle East.

Treasury yields have seen a slight correction, but remain at 4.67% for the 10-year note, a level Fidelity’s Director of Global Macro Jurrien Timmer said “history suggests that nothing good happens.”

Higher oil could add to inflation pressure if sustained, while elevated Treasury yields tighten financial conditions. Together, they could limit expectations for near-term rate cuts and weigh on bitcoin and other risk assets.

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Gold has meanwhile maintained its recovery, moving up 1.5% to now trade at $4,300 per ounce as investors move toward safety in the face of uncertainty.

Derivatives positioning

  • Long-short taker ratio: The crypto futures market’s long-short taker ratio has returned to neutral after leaning bullish on Thursday, suggesting traders may be adopting a more cautious stance ahead of the U.S. payrolls report.
  • CC token leads OI growth: Canton Network’s CC token is down 13% in 24 hours, yet its futures open interest (OI) has surged over 5%. The combination is said to validate the downtrend, especially as the 24-hour OI-adjusted cumulative volume delta remains negative, indicating sellers are more aggressive by shorting futures via market orders rather than passive limit orders.
  • Open Interest Movers: DOGE, XRP, and SUI are open interest gainers, while SHIB has seen a drop.
  • CVD Indicator: The CVD indicator paints a bearish picture for the market, as most majors (excluding ADA, HBAR, and ETH) show negative CVD readings.
  • Volatility Indexes: The BVIV index, representing BTC’s annualized 30-day implied volatility, remains near a long-held floor of 36%, showing little signs of stress despite the Clarity Act delay and the impending U.S. jobs report. The same holds true for ether’s volatility index (EVIV).
  • Options Activity: In Deribit-listed options, puts (bearish bets) at the $60,000 and $62,000 strikes dominate the 24-hour volume rankings for BTC, while the $2,000 call is the most popular for ETH.

Token Talk

  • Sui is adding quantum-resistant security to its accounts, integrating two post-quantum signature schemes approved by the U.S. standards body NIST, per The Block. The upgrade lets users optionally adopt quantum-safe keys derived from their existing recovery phrases, so nobody has to generate a new seed or move funds to a new address to be protected.
  • The threat it’s guarding against is specific to crypto. In most systems an attacker has to break in before they can go after a key. Onchain, the public key is exposed permanently the moment an account transacts, which opens the door to “harvest-now, forge-later,” where attackers collect exposed keys today and crack them once quantum computers are capable enough to run Shor’s algorithm, the technique that could break the elliptic-curve cryptography securing most wallets. No quantum hardware is needed to start collecting.
  • Sui is using two schemes for two risk levels. ML-DSA-65 covers everyday accounts at the protocol level, and the hash-based SLH-DSA-SHA2-128s runs inside Move smart contracts for high-value vaults. The two rest on different math, so a weakness in one doesn’t compromise the other. Sui went with a higher security tier after a July incident where an AI model halved the effective strength of a different post-quantum candidate, a reason to carry margin rather than pick the cheapest option.
  • It’s a feature add, not a rebuild. Sui says it was built for “cryptographic agility,” meaning new signature schemes slot in without touching consensus or existing balances, so this ships as a routine protocol update. That contrasts with bitcoin and ethereum, where quantum-proofing is a heavier lift, and lands the same month Strategy and BlackRock formed a consortium to prepare bitcoin for the same threat. SUI traded around [X], per CoinDesk data.

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Odds the Fed hikes in September tumble following big July jobs miss

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Fed still expects to cut rates once this year despite spiking oil prices

An eagle is seen framed though construction fence on the Marriner S. Eccles Federal Reserve Board Building, the main offices of the Board of Governors of the Federal Reserve System on September 16, 2025 in Washington, DC, U.S.

Kevin Dietsch | Getty Images News | Getty Images

The U.S. economy surprisingly shed jobs in July, and it’s leading investors to think that an interest rate hike by the Federal Reserve in September is increasingly unlikely. 

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After the jobs report was revealed on Friday morning, odds on prediction market platform Kalshi that the central bank holds rates steady at its meeting next month jumped to 65%. Before the report, odds were about 50-50 for a hike or maintaining the status quo, and just after the Fed’s last meeting at the end of July odds of a hike were at almost 58%. 

On CME’s FedWatch tool, odds that the Fed will maintain rates are now at 60%, based on trading in Fed funds futures. On Thursday, those chances were at 45%, and a week ago they were just one-in-three. 

The weaker-than-expected jobs report sent Treasury yields lower and stocks higher, as investors priced in the new outlook for the rate path. 

If the labor market is weakening, that may change how the central bank thinks about rate hikes, which some members of the Fed have called for amid higher energy prices due to the U.S.-Iran war. At the bank’s July meeting, three members of the Federal Open Market Committee dissented, arguing the bank should have raised interest rates rather than held them steady. 

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However, those calls have come after the labor market showed resiliency in 2026 with consistent job growth, after a more mixed picture in 2025. If the job market is showcasing weakness, raising interest rates to slow down the economy may be viewed as more risky. 

Investors’ eyes will now be on what the inflation picture in July looked like, and the Consumer Price Index for the month is set to be released next week on Aug. 12. In June, prices posted their biggest month-over-month fall in six years as energy prices fell, though oil rose in July amid renewed tensions in the Middle East. 

“Today’s weak payrolls print may ease the pressure on the Fed to raise rates at its September meeting, but next week’s inflation data will still likely be the deciding factor,” said Ellen Zentner, chief economic strategist at Morgan Stanley Wealth Management. “If those numbers come in hotter than expected, a cooler labor market may not be enough to quiet the calls for hikes inside the Fed.”

And rate hikes this year still aren’t out of the question. Even after the report, CME’s FedWatch tool still sees a 55% chance of a hike in October, and an almost 75% chance in December. 

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CNBC’s Sean Conlon contributed reporting

Disclosure: CNBC and Kalshi have a commercial relationship that includes customer acquisition and a minority investment.

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Ether ETFs Pull $104M, Tripling Bitcoin's Weekly Inflows

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Ether ETFs Pull $104M, Tripling Bitcoin's Weekly Inflows


Spot ether ETFs took in $103.8 million in the week ended July 24, roughly triple the $33.9 million that flowed into spot bitcoin funds, according to Farside Investors data. It is the second consecutive week ether products have out-raised bitcoin's, extending a rotation that began when both… Read the full story at The Defiant

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Crypto Price Analysis August-07: ETH, XRP, ADA, BNB, and HYPE

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This Friday, we examine Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid in greater detail.

Ethereum (ETH)

This week, Ethereum continued to range without any significant volatility. This has allowed the price to consolidate under the $2,000 resistance. At the time of this post, the support at $1,800 is holding well and was recently re-confirmed.

The concern, based on this price action, is that ETH does not have the strength to break above $2,000. Any attempts in the past few weeks were rejected and sellers could speculate on an opportunity to take over.

Looking ahead, Ethereum remains in a macro downtrend, and this will only change once the price makes a higher low and high. Ideally, ETH secures $2,000 as support and aims for $2,400 next to escape the current downtrend.

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eth_price_chart_0708261
Source: TradingView

Ripple (XRP)

As expected, XRP broke below its latest pennant (in blue on the chart) to re-test the key support at $1. It is critical for buyers to hold here, as otherwise, the price may end up in a nosedive.

Because sellers have the advantage at the moment, the price closed the week 4% lower. Hopefully, buyers return here to send XRP higher, but even if they try that, it could end up as a dead cat bounce.

Looking ahead, the price action remains bearish with a lower low more likely than a reversal. If $1 turns into a resistance, then XRP will have a difficult time stopping its downtrend in the future.

xrp_price_chart_0708261
Source: TradingView

Cardano (ADA)

Cardano is one of the few major altcoins closing in double-digit gains this week with an impressive 18% pump. This has allowed the price to move to $0.20 and may go all the way to $0.23, where there is major resistance.

With the current support at $0.15 secured, ADA has good momentum and buyers to sustain this uptrend. The biggest question is how sellers will react at the key resistance. Best to be patient and wait for a reaction at $0.23 first.

Looking ahead, Cardano has a major opportunity to break away from its multi-year downtrend. Moreover, this is the first time in months when the price action turned positive. However, bulls will need to turn $0.23 into support if they want to sustain this uptrend.

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ada_price_chart_0708261
Source: TradingView

Binance Coin (BNB)

Binance Coin was flat this week and mirrors ETH’s price action, but in a more toned-down way. On the positive side, the price appears to hold above the support at $580. However, buyers did not push much beyond this level, which shows a lack of conviction.

Since sellers are also absent, the price was forced to move sideways and did not give any hints at a decisive direction. Best to watch closely how the $580 level is resolved before picking a side.

Looking ahead, BNB has been moving around the $600 level since the start of the year without any major breakout. While the price remains in a downtrend, this has been less aggressive lately which may hint at a possible reversal later this year.

bnb_price_chart_0708261
Source: TradingView

Hype (HYPE)

HYPE managed to close 3% higher this week after a successful test of the $52 support level. However, this could end up as a temporary bounce before sellers return to push against the key support again.

On higher timeframes, Hyperliquid has lost its uptrend, and the price is making lower lows. This is bearish. If buyers cannot reclaim $64 in the future, which is also a major resistance, then sellers could take this cryptocurrency much lower.

Looking ahead, the battle will be decided at the $52 support level. So far, this has held against the pressure from bears, but a renewed push later in August may see HYPE make new lows. Best to be cautious here as the price continues to show weakness.

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hype_price_chart_0708261
Source: TradingView

The post Crypto Price Analysis August-07: ETH, XRP, ADA, BNB, and HYPE appeared first on CryptoPotato.

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Ondo Recasts Its Blockchain as the Ondo Network

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Ondo Recasts Its Blockchain as the Ondo Network


Ondo Finance, a tokenization company, launched the Ondo Network, an execution layer it describes as the evolution of its vision for Ondo Chain, the blockchain it had planned to build for real-world assets. Ondo said the first version is live. In its own announcement, Ondo said the network is not a… Read the full story at The Defiant

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Bitcoin’s volatility has nearly disappeared. The risk hasn’t: Crypto Daily

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Bitcoin’s volatility has nearly disappeared. The risk hasn’t: Crypto Daily

Spot bitcoin ETFs are yet to see outflows this month, bringing in $754 million in the first week of August. Yet, bitcoin remains steady at $64,700, while options flow favors protection at $62,000 and $63,000.

The opposing signals point to a market with a spot bid but limited conviction. ETF demand has seemingly returned, but derivatives traders are guarding against a retreat ahead of today’s U.S. jobs report.

The options market adds another layer. Put options, giving holders the right but not the obligation to sell, accounted for 53.8% of bitcoin options volume over the past 24 hours, and three of the four most-traded contracts were puts at $62,000 or $63,000 expiring Aug. 10, Aug. 14 and Aug. 28, CoinGlass data shows.

Calls still represent 60.7% of total open interest, showing that the broader options market remains tilted toward calls even as recent trading focuses on downside puts.

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Protection is also cheap. Deribit’s DVOL index, which tracks bitcoin’s expected 30-day volatility, is near 35, down from a high of 90 earlier this year. That implied volatility tracks the market’s pricing of future movements, implying not much is expected to happen in the near future.

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Phone-Scam Hackers Now Target Wall Street’s Biggest Firms

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Fake Bridge Messages Let Hacker Drain $815,000 From Alephium

Private equity firms have become the latest target of ransom-seeking hackers who use voice phishing to trick company employees, according to a new Google report.

The report withheld the names of the firms targeted. Reuters worked them out by feeding the 72 web addresses Google published into tools like DomainTools and urlscan, which surfaced subdomains matched to each company.

Inside the Vishing Campaign

In its latest report, Google Threat Intelligence Group (GTIG) said it continues to track a group known as UNC6671. The actors rely on voice phishing (vishing), posing as IT helpdesk staff pushing urgent security updates.

They often reach employees on personal mobile devices. The calls direct victims to spoofed login portals.

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There, adversary-in-the-middle (AiTM) systems intercept credentials and multi-factor authentication (MFA) tokens. Once inside, the hackers run automated scripts to pull data from cloud services like Microsoft 365 and Okta.

“These operations uniformly leverage tailored IT helpdesk voice phishing (vishing), AiTM credential harvesting panels, and data theft from SaaS applications,” the report read.

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A Shift Toward High-Value Targets

The choice of victims shifted over the summer. Through June, the group leaned toward technology, transport, and hospitality names, chasing trade secrets, code, and client data.

The following month, it turned to money and law. Google saw the group’s infrastructure pointed at private equity firms, law firms, and financial rating agencies.

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According to Reuters, hackers created fake sites to lift passwords from staff at several firms. The outlet listed Blackstone, Bridgewater Associates, Apollo Global Management, Bain Capital, KKR, TPG, CME Group, Clearlake Capital, and Moody’s, among others.

Google said some firms paid up, without naming them. Reuters also could not pin down which targets were actually breached.

The campaign highlights how old-school techniques still beat modern defenses. Firms spend heavily on security software, yet a single phone call can walk past all of it.

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Franklin Templeton Backs CLARITY Act as Wall Street Coalition Grows

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Franklin Templeton Backs CLARITY Act as Wall Street Coalition Grows


Franklin Templeton, an asset manager with $1.79 trillion under management, publicly endorsed the CLARITY Act, the federal crypto market-structure bill moving through the U.S. Senate. "Franklin Templeton supports passage of the CLARITY Act," the firm said on July 27 from its verified account. "It's… Read the full story at The Defiant

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