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Your DeFi Liquidity Just Woke Up

If you've provided liquidity in DeFi, you know the structure. You deposit tokens into a pool, the pool holds them whether swaps come or not, and the risk stays yours either way. 

1inch Aqua is built differently. It's a shared liquidity layer where tokens stay in your own wallet and one balance backs many positions across pairs and chains. Nothing is deposited. Tokens move only when a swap fills, and a swap your balance can't cover reverts. Aqua has been open to developers since November and audited by six independent firms. 

Providing liquidity carries risk and fees are not guaranteed.

See how shared liquidity works at 1inch.com/aqua.

The SEC scrapped Friday's open meeting where it planned to propose Regulation Crypto, its first real crypto rulemaking, and set no new date. The cancellation came Thursday evening.

"The SEC is committed to delivering on the President's agenda to bring certainty to the crypto space," a spokesperson told Unchained. "Due to an unforeseen scheduling issue, tomorrow's Open Meeting will be moved to a later date."

Reg Crypto is expected to let token issuers raise money without triggering full SEC registration. The commission was also expected to detail its "innovation exemption" for tokenized securities at the same meeting. Before the announcement of the cancellation of Friday's meeting, a source familiar with the matter reportedly told Crypto in America host Eleanor Terrett that the agency was putting off the framework over concerns that it may negatively impact negotiations on the tokenization section of the Clarity Act.

Tether said Thursday that KPMG U.S. issued an unqualified opinion on the 2025 financial statements of Tether International, the entity that issues USDT. That is the cleanest verdict an auditor can give, and it closes out a promise Tether first made in 2017.

The audited statements showed reserves exceeding liabilities by $6.814 billion as of Dec. 31, 2025, Tether said. KPMG went as far as physically counting and inspecting every gold bar Tether holds rather than trusting custodian reports, according to the stablecoin issuer.

One catch: Tether has not published KPMG's report. USDT's market cap tops $180 billion, and the GENIUS Act requires annual audits from issuers above $50 billion.

Kalshi is in advanced talks with Sequoia Capital and Wellington Management to raise at least $750 million at a $40 billion valuation, The Information reported Thursday. That is nearly double the $22 billion Kalshi commanded in May, when it pulled in $1 billion.

Sequoia already holds a Kalshi board seat. For Wellington, which manages $1.3 trillion, this would be a first check, and the firm has a habit of buying in shortly before IPOs. CEO Tarek Mansour has said a listing would not come before 2027.

The growth story is sports. Annualized revenue hit roughly $4 billion in July on World Cup betting, against Polymarket's $1.1 billion, and sports contracts drive more than 80% of Kalshi's volume.

A breach at ShipMonk, the fulfillment provider Trezor uses for several markets, exposed data on 13,689 customers. ShipMonk flagged the unauthorized access Monday, Aug. 10, and Trezor disclosed it Thursday.

For 11,742 people, the exposure covered name, email, phone number and shipping address. Another 1,947 had name, city and email taken. Affected orders were received between May 10 and Aug. 8 across seven countries, including the U.S., U.K. and Brazil. Trezor said its own systems and devices were untouched, and that a 90-day data deletion policy capped the damage, but warned users of the risk of increased phishing attacks.

The incident comes against a backdrop of rising physical attacks on crypto holders. Criminals have used leaked address data to pick targets for home invasions, and Chainalysis counted more than $30 million stolen in violent crypto attacks in the first half of 2026, against $58 million for all of 2025.

Do you have a self-custody backup plan?

Jurat offers a self-custody wallet that connects with courts to deliver the recovery features of a traditional custodian with none of the downsides: no KYC, no surveillance, no co-mingling.

You deploy the wallet anonymously and hold your own private key.

If you ever lose access to your key, Jurat connects your wallet to a court where a judge can help you recover your assets.