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Illinois Governor Accuses Trump of Letting 'Crypto Bros Write Federal Policy'The Prairie State passed landmark legislation on Monday designed to regulate digital assets and crypto ATMs. JB Pritzker Slams Trump’s Approach to Crypto Policy Democratic Illinois Governor Jay Robert “JB” Pritzker signed two pieces of crypto legislation into law on Monday, then turned around and used the opportunity to slam U.S. President Donald Trump for […]

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HIVE to Provide GPU Backbone for Canada’s Sovereign AI CloudBUZZ HPC, the high-performance computing unit of Canadian bitcoin miner HIVE, has entered into a preferred partnership with Bell Canada to supply the computing backbone for Bell’s AI Fabric platform. This article is from Theminermag, a trade publication for the cryptocurrency mining industry, focusing on the latest news and research on institutional bitcoin mining companies. […]

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Informal Systems' Malachite Acquired by Circle to Power New Arc Blockchain Network for Stablecoin FinanceInformal Systems has announced the acquisition of its high-performance consensus engine, Malachite, by Circle Internet Group, Inc. (NYSE: CRCL) to support the launch of Arc1, a new Layer-1 blockchain network designed specifically for stablecoin finance. The Arc network is set to debut in testnet later this year, leveraging Malachite’s Byzantine Fault Tolerant (BFT) consensus engine, […]

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Solana App Revenue Plunges 44% in Q2 Despite Efficiency GainsIn the second quarter of 2025, Solana’s ecosystem experienced mixed performance across key metrics. Total application revenue dropped 44.2% to $576.4 million, while the app revenue capture ratio increased from 126.5% to 211.6%. Application Revenue Plunge According to the latest Messari report, the total application revenue generated on Solana plunged 44.2% quarter-over-quarter (QoQ), from $1.0 […]

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XMR Price Climbs Amid Doubts Over Qubic’s 51% Attack Success ClaimXMR rebounded 4% to $276 on Aug. 18 after dropping to $233 on Aug. 15, following reports of a 51% attack by the Qubic mining pool. The Debate: Has Qubic Overstated Its Power? The privacy coin XMR appreciated by approximately 4% on Aug. 18 to $276, just days after the reported 51% attack on Monero […]

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Navigating CFTC Regulations for Crypto Funds Law and Ledger is a news segment focusing on crypto legal news, brought to you by Kelman Law – A law firm focused on digital asset commerce. The following opinion editorial was written by Alex Forehand and Michael Handelsman for Kelman.Law. A Guide to CFTC Rules for Crypto Investment Funds With U.S. regulators increasingly classifying […]

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Metaplanet Adds 775 Bitcoin, Total Holdings Reach 18,888 BTCMetaplanet Inc. (Tokyo Stock Exchange: 3350) announced the purchase of an additional 775 bitcoin at an average price of ¥17,720,023 per coin (totaling ¥13.733 billion), bringing its cumulative holdings to 18,888 bitcoin at an overall average cost of ¥15,041,118 (aggregate ¥284.097 billion). The company also reported its key performance indicators for its Bitcoin Treasury Operations: […]

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Trump is still seemingly the most important force in all markets!Last week, Donald Trump reminded traders that he can still move markets with a tweet, a tariff, or a firing. Crypto whipsawed on his words and actions. This editorial is from last week’s edition of the Week in Review newsletter. Subscribe to the weekly newsletter to get the editorial the second it’s finished. Trump as […]

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Thailand to Allow Foreign Visitors to Convert Crypto for PaymentsThe Thai government is launching a new initiative called “Touristdigipay” on Aug.18, to boost its tourism sector. The scheme allows foreign tourists to convert their cryptocurrencies into Thai Baht to use for payments. The program is a direct response to a decline in tourism, particularly from China. To participate, visitors must open an account with […]

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My considerable industry experience and observations have led me to write this piece, which examines how one of the fastest-growing entertainment sectors is quietly becoming a powerful driver for mainstream cryptocurrency adoption. A Record-Breaking Surge in iGaming In Q1 2025, crypto casinos processed $26 billion in wagers, nearly double the same period last year. This […]

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Crypto ETFs Cool off As Investors Pull $73 Million From Bitcoin and Ether FundsAfter more than a week of relentless inflows, both bitcoin and ether exchange-traded funds (ETFs) closed Friday in the red. Net outflows totaled $14 million for bitcoin ETFs and $59 million for ether ETFs, ending their recent winning streaks. Red Friday: Bitcoin and Ether ETFs Post First Net Outflows After Multi-Day Surge The flood of […]

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Fed Kills Crypto Crackdown Program With Quiet Bomb Drop on Banking OversightThe Federal Reserve just dismantled its targeted crypto oversight, clearing the runway for banks to re-enter digital assets under streamlined rules and unleashing fintech innovation nationwide. Federal Reserve Just Pulled the Plug on Crypto Crackdown Machine The U.S. Federal Reserve Board announced on Aug. 15, 2025, that it will end its Novel Activities Supervision Program […]

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Terawulf Secures $3.7B AI Hosting Deal With Fluidstack, Backed by GoogleBitcoin miner Terawulf announced on Aug. 14 that it has entered into two ten-year high-performance computing colocation agreements with AI cloud platform Fluidstack. Financial and Corporate Backing Bitcoin miner Terawulf announced on Aug. 14 that it had entered two 10-year high-performance computing (HPC) colocation agreements with artificial intelligence (AI) cloud platform Fluidstack. As part of […]

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$450M in Seized Crypto Assets on Track for Return to Defrauded InvestorsThe Justice Department is unleashing over $450 million in seized crypto, real estate, and luxury assets to repay thousands of defrauded victims in a $577 million scheme. DOJ Plans Restitution for Thousands After $577M Cryptocurrency Fraud The U.S. Department of Justice (DOJ) announced on Aug. 12 that two Estonian nationals have been sentenced for operating […]

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FBI Warns of Ruthless Crypto Recovery Scam Preying on Victims TwiceCrypto recovery scams are evolving fast, with sophisticated fraudsters now impersonating entire law firms and fake government agencies to exploit victims a second time. FBI Flags Fake Crypto Lawyers Exploiting Grief, Trust, and Empty Wallets The U.S. Federal Bureau of Investigation (FBI) issued a new public service alert on Aug. 13, 2025, highlighting an intensification […]

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Do Kwon Pleads Guilty — What It Means for Global Crypto MarketsLaw and Ledger is a news segment focusing on crypto legal news, brought to you by Kelman Law – A law firm focused on digital asset commerce. The following opinion editorial was written by Alex Forehand and Michael Handelsman for Kelman.Law. Do Kwon’s Guilty Plea On August 12, 2025, the United States Attorney’s Office for […]

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Dunamu and MB Bank to Launch Vietnam’s First Licensed Crypto ExchangeSouth Korea’s Dunamu, operator of Upbit, is partnering with Vietnam’s state-controlled MB Bank to launch the country’s first licensed crypto exchange. The move follows new legislation legalizing digital assets in Vietnam. Vietnam Set to Open First Domestic Crypto Exchange with Dunamu–MB Bank Deal Vietnam is preparing to debut its first domestic cryptocurrency exchange through a […]

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Circle Touts $658 Million in Annual Revenue As Q2 Results DropThe firm is fresh off a massively successful initial public offering in June and is riding the coattails of a pro-crypto Congress. Stablecoin Giant Circle Rakes in $658M in Revenue Circle (NYSE: CRCL), the world’s second largest stablecoin issuer, is having a stellar year so far, exceeding revenue expectations in its debut quarterly earnings report […]

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EMCD is one of the largest ecosystems for miners and crypto investors in Eastern Europe. The EMCD ecosystem includes a mining pool ranked among the world’s top 7, a multi-currency wallet, the Coinhold service for passive income, and a P2P exchange platform. Michael Jerlis is the Founder and CEO of EMCD. He recently joined the […]

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Bybit Charts 10-Year Growth Path As Ethereum Nears All-Time HighEthereum is trading above $4,700, just 4% shy of its all-time high, as Bybit releases a report outlining its evolution and roadmap to 2035. The analysis predicts massive scaling, institutional adoption, and ETH’s rise as a benchmark yield asset. Ethereum’s Next Decade of Scaling and Institutional Adoption Projected by New Bybit Report Ethereum is closing […]

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Ballooning Deficit Creates Bullish Backdrop for Gold, Bitcoin — KobeissiIn July, U.S. tariff revenue soared over 300% to a record $29.6 billion, bringing the total raised since March to over $100 billion. Record Tariff Revenue vs. Widening Deficit In a stunning fiscal surge, U.S. tariff revenue skyrocketed by over 300% in July alone, reaching an unprecedented $29.6 billion in a single month. The record-breaking […]

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Bitcoin Treasuries: Cool Story Bro, Now Show Us the DisciplineAs more publicly traded companies adopt the MSTR Bitcoin treasury strategy, one may need to ask: is this truly sustainable, or just another bubble waiting to burst? The following guest post comes from Bitcoinminingstock.io, the one-stop hub for all things bitcoin mining stocks, educational tools, and industry insights. Originally published on Aug. 7, 2025, it […]

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Pantera Leads $20M Openmind Funding RoundThe crypto venture capital firm says Openmind’s focus on using decentralization to address the so-called “missing layer” problem in robotics could be a game-changer. $20M Boost: Pantera Leads Investment in Openmind Dan Morehead’s Pantera Capital quietly announced a $20 million funding round for AI software startup Openmind on Monday, touting its open-source software products as […]

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Coinbase Targets DeFi Domination With New Stablecoin Fund to Accelerate Onchain GrowthCoinbase is igniting a fresh DeFi liquidity surge with a powerful new stablecoin fund, targeting top protocols to fuel adoption, deepen markets, and accelerate onchain finance growth. Coinbase Unveils New Stablecoin Bootstrap Fund to Amplify DeFi Liquidity Crypto exchange Coinbase (Nasdaq: COIN) announced on Aug. 12, 2025, that it is launching a second Stablecoin Bootstrap […]

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Metaplanet Acquires 518 Bitcoin for $61.4 Million, Boosting Total Holdings to 18,113 BTC Valued at $1.85 BillionMetaplanet Inc. (Tokyo Stock Exchange: 3350) has announced the acquisition of an additional 518 bitcoin as part of its ongoing Bitcoin Treasury Operations, with an average purchase price of 17,540,861 yen per bitcoin (approximately $118,519), totaling approximately 9.086 billion yen (around $61.4 million). This latest purchase increases the company’s total bitcoin holdings to 18,113 bitcoin, […]

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Stripe Quietly Building ‘Tempo’ Blockchain With Paradigm’s Backing: ReportA newly published report says fintech heavyweight Stripe is quietly crafting a payments-driven blockchain dubbed “Tempo” in collaboration with cryptocurrency venture capital firm Paradigm, according to a job listing and people with knowledge of the project. Sources: Stripe Is Developing a Blockchain Forbes reported that the Aug. 3 posting, shared through the Blockchain Association, described […]

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Crypto Miners Drained Enough Power to Light up a City — Kazakhstan Cracks DownAuthorities in Kazakhstan have uncovered a scheme involving electricity companies illegally supplying power to cryptocurrency miners. Violations of Digital Mining Laws Authorities in Kazakhstan recently busted electricity companies accused of illegally supplying power to cryptocurrency miners. According to a statement, the Department of Financial Monitoring (DFM) for the East Kazakhstan region, along with the National […]

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Huajian Medical Launches Ethereum Treasury Strategy, Aiming for Largest ETH Balance Among Hong Kong-Traded CompaniesHuajian Medical (Hong Kong: 1931), a Chinese medical diagnostics provider, has reportedly launched its “Global Enhanced Ethereum Treasury with Downward Protection Mechanism” strategy, aiming to position ETH as its core reserve asset. This initiative seeks to establish the company as a leader in the Hong Kong stock market and on a global scale in terms […]

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Executive Order Opens Crypto for 401(k) InvestorsOn August 7, 2025, the White House issued a long-awaited executive order titled “Democratizing Access to Alternative Assets for 401(k) Investors.” For the first time, U.S. retirement savers will be permitted to allocate a portion of their 401(k) accounts to certain alternative investments—including private equity, real estate, and digital assets such as cryptocurrencies. The following […]

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Economist Warns Bitcoin Is Tied to Nasdaq’s Fate Amid ‘TechBubble2’ ConcernsEconomist Henrik Zeberg has expressed concerns about bitcoin, labeling it a “highly risk-prone asset” and linking its price movements to the Nasdaq. He warns that a downturn in the Nasdaq could lead to a significant decline in bitcoin’s value. Bitcoin Labeled a ‘Risk-Prone Asset’ In a recent analysis, economist Henrik Zeberg raised concerns about the […]

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Bitcoin Miner Cleanspark Posts Record $257M Profit, Faces $185M Tariff DisputeIn Q2 of 2025, U.S. bitcoin miner Cleanspark reported a revenue of $198.6 million, marking a 90% increase from $104.1 million in the same period last year. Q2 Financial Performance In the second quarter of this year, U.S. bitcoin miner Cleanspark’s revenue soared to $198.6 million, an increase of more than 90% from the $104.1 […]

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Understanding the SEC's August 2025 Update Regarding Crypto StakingThe U.S. Securities and Exchange Commission’s Division of Corporation Finance issued a staff statement on August 5, 2025, addressing certain liquid staking activities, marking a key follow-up to its May 29, 2025 Protocol Staking Statement. Read the full statement here. The following opinion editorial was written by Alex Forehand and Michael Handelsman for Kelman.Law. What […]

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Binance Partners with BBVA for Off-Exchange CustodyCrypto exchange Binance has reportedly teamed up with Spain’s BBVA to enable clients to store collateral outside the trading platform. In this arrangement, BBVA — the nation’s third-largest lender — will act as an independent custodian, holding client funds in US Treasuries that Binance accepts as margin for trades. The collaboration aims to reduce counterparty […]

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Brazilian Drex CBDC Drops Blockchain to Launch Next YearAccording to local media reports, the Brazilian central bank had to abandon the decentralized element of the CBDC to deliver a solution in 2026, in part due to the immaturity of the privacy solutions presented. Brazilian CBDC to Ditch Blockchain in Effort to Launch in 2026 The Central Bank of Brazil aims to accelerate the […]

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Ibiza Final Boss Shows Memecoin Market Is Still AliveThe token, which took the meme of a guy having the time of his life in Ibiza, made popular as the Ibiza Final Boss, has risen over 1,600% since it was included on Coingecko, showing that while BTC and ETH dominate the headlines, memecoins are still a thing. Ibiza Final Boss Shows Memecoins Can Still […]

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This content is provided by a sponsor. PRESS RELEASE. Geneva, Switzerland – August 9th, 2025 – CoinDesk Data, the institutional research and analytics arm of CoinDesk, a leading media outlet in the cryptocurrency and blockchain industry, has published a comprehensive protocol report on TRON. The report offers a detailed analysis of TRON’s performance in the […]

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Binance and Mastercard Partner for Crypto-to-Fiat Transfers in EuropeBinance has partnered with Mastercard to let European users convert crypto to fiat and withdraw funds directly to eligible Mastercard accounts. The new features offer faster and more convenient access to crypto earnings, improving off-ramping options. European Binance Users Can Now Off-Ramp Crypto Directly to Mastercard Binance has launched a new feature that allows European […]

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Paxos Agrees to $48.5 Million Settlement Over AML Deficiencies Linked to Binance PartnershipThe New York State Department of Financial Services (DFS) has reached a $48.5 million settlement with Paxos Trust Company due to deficiencies in its anti-money laundering (AML) program and failures in due diligence related to its partnership with Binance. Superintendent Adrienne A. Harris announced that Paxos will pay a $26.5 million penalty and invest an […]

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Ethereum Treasury Companies Are a Better Buy Than U.S. Spot Ether ETFs, Standard Chartered SaysThe bank says both ether ( ETH) holding companies and exchange-traded funds are neck-and-neck when it comes to the amount of ETH bought since June. Why Ethereum Treasury Holdings Beat Spot ETFs, According to Standard Chartered Geoffrey Kendrick, head of digital assets research at London-based Standard Chartered Bank, delivered a nugget of alpha that many […]

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Nexo and DP World Tour Launch Crypto Prize for GolfersNexo has enhanced its partnership with the DP World Tour by introducing a new prize for golf players who hold a course record at the conclusion of a tournament. Prize Structure and Rules The digital assets wealth platform, Nexo, has deepened its partnership with the DP World Tour by launching of a pioneering new prize. […]

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Bank of America Addresses Debanking Claims, Backing Regulatory ReformBank of America’s CEO has backed fixing banking rules amid uproar over U.S. President Donald Trump’s debanking claims, as the crypto industry warns regulatory overreach is quietly choking financial access. Bank of America CEO Backs Rulebook Fix as Trump’s $1B Claim Sparks Uproar Bank of America CEO Brian Moynihan responded to explosive claims made by […]

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India Strikes After US Takes Down Suspect in Coinbase Clone ScamIndia ramps up its crypto fraud crackdown with a $5 million asset attachment order tied to a fake Coinbase site that duped victims out of over $20 million. India Moves in on Assets After Coinbase Scam Leader Held in US India’s Directorate of Enforcement (ED) announced on Aug. 5 that it has issued a provisional […]

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CFTC Approves Spot Crypto Trading on Registered ExchangesIn a landmark development, the Commodity Futures Trading Commission (CFTC) announced on August 4, 2025, that it will permit spot crypto trading on exchanges registered under its jurisdiction. The decision, announced in coordination with the Securities and Exchange Commission (SEC) as part of the broader Project Crypto initiative, was first reported by Reuters. The following […]

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'Suboptimal Capital Leakage' in GCC Due to Lack of Crypto ETPs, Warns Defi Tech PresidentIn the Gulf Cooperation Council region, there is a significant gap in the availability of regulated digital asset exchange-traded products. According to Andrew Forson, this leads to capital being exported to other jurisdictions—a situation that not only results in financial losses but also hampers the development of local infrastructure and liquidity. GCC Lags Behind Europe […]

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US Dollar Could Return to Gold Backing, Says Ray Dalio as Fiat Trust ErodesThe U.S. dollar could soon be reanchored to gold as global faith in fiat erodes, with Ray Dalio spotlighting historic cycles pointing toward a seismic monetary realignment. Ray Dalio Hints at Possible Dollar Reset as Confidence in Fiat Fades Amid growing concerns over fiat currency stability and rising global debt, some financial experts are revisiting […]

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Former Bitwise Executive Jeff Park Joins Anthony Pompliano’s Procap As CIOProcap was formed in June when it entered into a business combination with a Nasdaq special-purpose acquisition company (SPAC) called Columbus Circle Capital Corporation. Anthony Pompliano’s Procap Taps Bitwise Alum Jeff Park as New CIO Self-styled investor and crypto entrepreneur Anthony Pompliano pulled off a $750 million raise in late June for his new bitcoin […]

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Fed Survey Signals Structural Breakdown in US Credit SystemWarning signs emerged in the July 2025 Federal Reserve lending survey, revealing entrenched structural stress across U.S. credit markets. Banks imposed tighter lending standards for nearly all categories, with business and consumer loan access deteriorating despite easing compared to 2024. Commercial and industrial credit dried up, particularly for small firms, as banks cited regulatory pressure, […]

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Philippine SEC Flags 10 Crypto Exchanges Defying New Digital Asset RegulationTop global crypto exchanges face mounting legal peril in the Philippines after being accused of illegally targeting users and violating strict new digital asset compliance rules. Philippine SEC Flags Major Crypto Exchanges Operating Illegally in the Country The Philippine Securities and Exchange Commission (SEC) published an advisory on Aug. 4, alerting investors about unregistered offshore […]

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On Saturday, USA Today dropped a headline-grabbing article to its 5.1 million followers on X, declaring, “ XRP is the smartest cryptocurrency to buy with $500 right now.” The post quickly ignited chatter across social media, prompting a wave of hot takes from bitcoin die-hards and devoted XRP fans alike. Crypto Twitter Melts Down Over […]

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Bitcoin Mining Powers Ethiopia’s $55M Surplus Energy Revenue: Report Ethiopia’s state utility generated $55 million from bitcoin mining using surplus hydropower, reinvesting profits to accelerate rural electrification projects. Ethiopian Electric Power earned $55 million over 10 months—18% of its annual revenue—by diverting otherwise wasted hydroelectricity to bitcoin mining operations, according to an Ethiopian Tribune report. The revenue funds strategic infrastructure development, expanding transmission lines, […]

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XRP Positioned to Play Key Role in Bridging Tokenized Assets Across Jurisdictions, Says Ripple CTOXRP is rapidly emerging as the backbone of tokenized financial markets, with Ripple’s CTO spotlighting its real-time liquidity, cross-border agility, and unmatched settlement scalability. Ripple CTO Highlights How XRP Powers Scalable Settlement in Tokenized Markets Ripple Chief Technology Officer David Schwartz addressed XRP’s strategic function in global asset settlement in a post on social media […]

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US Moves Toward Onchain Future With Project Crypto Leading Market OverhaulU.S. markets are charging into an onchain era as Project Crypto kicks off a sweeping transformation poised to redefine global finance, regulation, and capital market leadership. Regulators Set Stage for Onchain Markets With Project Crypto’s Vision to Rewire Finance Moving markets onchain is emerging as one of the most consequential shifts in modern financial infrastructure, […]

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Crypto Markets Face Rapid Transformation With CFTC’s Aggressive Crypto SprintU.S. regulators are igniting a crypto revolution as the CFTC kicks off a sweeping sprint to power the nation into digital asset dominance. CFTC and SEC Align—Is This the Dawn of US Crypto Supremacy? Commodity Futures Trading Commission (CFTC) Acting Chairman Caroline D. Pham disclosed on Aug. 1 that the agency will begin a “crypto […]

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AI-Crafted Crypto Wallet Drainer Bypasses Security Tools, Empties Balances FastAn AI-generated crypto malware disguised as a routine package drained wallets in seconds, exploiting open-source ecosystems and sparking urgent concerns across the blockchain and developer communities. Inside the Crypto Wallet Drainer: How One Script Moved Funds in Seconds Crypto investors were put on alert after cybersecurity firm Safety revealed on July 31 that a malicious […]

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Marti Technologies Kicks Off Bitcoin Treasury Strategy, With Roadmap to 50% Crypto AllocationMarti Technologies has formally introduced a crypto asset treasury strategy, committing 20% of its cash reserves to bitcoin with regulatory safeguards and a roadmap to potentially raise that share to 50% including other major cryptocurrencies. On July 29, 2025, Marti Technologies (NYSE American: MRT), Türkiye’s top mobility app, announced it will begin holding bitcoin as […]

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This content is provided by a sponsor. PRESS RELEASE. When most people think of a blockchain conference, they picture sterile ballrooms, endless jargon, and a bunch of keynotes. GM Vietnam 2025 – Vietnam Blockchain Week, co-hosted by Kyros Ventures and SSID, is here to break that mold. Coming this August 1–2 at the National Convention […]

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SEC Launches AI Task Force With Mission to Disrupt Legacy Market OversightThe SEC has activated a high-impact AI task force to embed intelligent technology into its regulatory framework, revolutionize enforcement capabilities, and drive mission-critical innovation agency-wide. SEC Activates AI Command Center to Supercharge Surveillance and Innovation The U.S. Securities and Exchange Commission (SEC) announced on Aug. 1 the formation of an artificial intelligence (AI) task force […]

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Ether Machine Adds 15,000 ETH to Treasury to Become 3rd Largest ETH HolderThe Ether Machine has purchased nearly 15,000 ETH worth $56.9 million, reinforcing its long-term strategy to build a large institutional-grade ETH treasury. The announcement coincides with Ethereum’s 10th anniversary and includes a $100,000 donation to the Protocol Guild. Ethereum Turns 10: The Ether Machine Marks Milestone with Major ETH Buy The Ether Machine marked Ethereum’s […]

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Employee of Indian Exchange Arrested in $44M Crypto Hack, Malware BlamedIndian police have arrested an employee of the crypto exchange CoinDCX in connection with a $44 million cryptocurrency theft but downplay the chances of recovery. Malware Infiltration Leads to Major Heist Indian police have arrested an employee of the crypto exchange CoinDCX in connection with a $44 million cryptocurrency theft, but authorities admit they face […]

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Nancy Pelosi 'Outperformed Every Single Large Hedge Fund' in 2024: White HouseThe Trump administration made the claims during a Thursday afternoon briefing hosted by White House Press Secretary Karoline Leavitt. Did Pelosi’s 2024 Stock Returns Beat Every Major Hedge Fund? Former House Speaker and current California Congresswoman Nancy Pelosi’s stock portfolio allegedly outperformed every large hedge fund in 2024 and more than doubled the annual return […]

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