AXISCADES reported Q1FY26 results, with consolidated revenue rising 94% year on year to ₹18,335.08 lakh, driven by a 113% surge in Defence business. Total expenses increased 94.5%, widening the net loss to ₹1,475.96 lakh and reversing the prior quarter’s profit. The company said it has uploaded the audio recording of its investor earnings call to its website as required.

Flare said FXRP can now be used as collateral on Derive, allowing XRP holders to trade onchain options and perpetual futures directly from their own wallets. Derive’s 30-day notional options volume ranks first among onchain venues tracked by DefiLlama, with total value locked near $118 million. FXRP reached Flare mainnet in September 2025, with a first-week cap of 5 million tokens that was filled within four hours, and more than 155 million FXRP minted within seven months. Since February, FXRP deployed across DeFi applications has risen from 82 million to 144 million, while Flare Smart Accounts across nearly 24,000 accounts have earned more than 40 million XRP.

RB International Holdings has launched an open offer for RR Metalmakers at ₹23.85 per share to acquire 26% of the company. The move follows an agreement under which the acquirers will buy the promoters’ 70.66% stake and have deposited ₹1,40,00,000 in escrow. RR Metalmakers’ revenue rose 67% year on year, while it swung to a net loss of ₹67.21 lakh. Remote e-voting recorded a 72.68% participation rate.

President Donald Trump is facing a federal lawsuit challenging a paid service that provides early access to certain Truth Social posts. Trump Media said it has signed more than 10 customer agreements, largely with high-frequency trading firms paying about $60,000 to $100,000 per month. The suit contends that some posts amount to the first public notice of official government decisions, raising claims of unequal access to government information. The company has also said it is evaluating licensing its data to prediction markets.

Commodity markets were mixed on August 14. Oil prices ticked higher after the U.S. threatened to maintain a naval blockade of Iran indefinitely, stoking supply concerns, with Brent at $87.16 and WTI at $81.29. Gold slipped below $4,400 as signs of easing inflation reinforced expectations the Federal Reserve will hold rates steady next month, with prices hitting $4,343.91 on Thursday. Silver, platinum and palladium also declined, while the dollar index hovered around 99.9 as markets reassessed the Fed’s rate path.

Harmony Protocol said an unauthorized ONE minting incident occurred on August 12. Initial analysis put the minting at 4000000000 ONE, but a later on-chain reconstruction found about 3010000000000 ONE was issued to four attacker wallets through six forged crossshard transactions. The team said it has fixed the crossshard receipt verification flaw and a quorum verification bug for the prestaking committee, and deployed Mainnet v2026.1.1 at 06:30 (UTC+8) on August 12. It is preparing to roll back the network to block 92,730,034 and has suspended bridge services.

Harmony said a CrossShard Receipt Replay bug allowed valid receipts to be processed multiple times, minting new tokens without corresponding deductions. The network initially confirmed 400 million ONE in unauthorized minting, while forged crossshard issuance totaled about 3.01 trillion ONE, with the team still verifying the data, according to Foresight News. Harmony said an emergency patch activated on August 12 fixed the issue and crosschain services have been paused. The team is coordinating with validators and exchanges on a rollback targeting block 92,730,034, with Shard 0 paused to support the operation.

Federal Reserve official Beth Hammack said current borrowing conditions are not restraining inflation enough and argued for immediate rate hikes to bring inflation back toward the 2% target. Separately, the U.S. Producer Price Index (PPI) rose 4.7% year over year in July, below the 4.9% forecast and down from 5.5% in June. After the data, bitcoin traded above $63,600 while ether was below $1,900. Markets remain cautious about how further monetary tightening could affect crypto assets.