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Spot Ether ETFs rack up $3B in August as ETH hits yearly high

Spot Ether ETFs are set to record their strongest weekly performance ever, with inflows already surpassing $2.9 billion.

New York lawmaker wants to tax crypto sales and transfers

New York Assemblymember Phil Steck introduced a bill that would see the state tax the sale and transfer of crypto assets.

Garantex had ‘contingency plans’ last time authorities tried to shut it down

The US government redesignated Garantex on Thursday to its list of sanctioned entities, along with its successor, Grinex, but TRM Labs suggests it may be ineffective.

Sorry, ETH holders, you may have to wait longer for all-time highs

While some Ether holders expect new all-time highs within the next few days, a Nansen analyst said it may be weeks or months away.

Crypto address poisoning scammers netted $1.6M this week

Crypto address poisoning scams exploded this week, with one victim losing $636,000 in Ether due to a purposefully contaminated wallet history.

Coinbase says a ‘full-scale altcoin season’ may be just ahead

Bitcoin dominance has fallen to a six-month low while altcoin market cap jumped 50% since July, setting the stage for a potential September altseason, said Coinbase.

David Bailey’s Nakamoto closes KindlyMD merger for Bitcoin treasury

Nakamoto, a Bitcoin entity established by Trump crypto adviser David Bailey, and KindlyMD, have merged to establish a new Bitcoin treasury company.

Bitcoin charts are similar to the 2021 top: Will history rhyme?

A crypto trader says Bitcoin is at a “key resistance” similar to the level where it topped in 2021, but other traders argue historical charts can’t be applied to this cycle.

Crypto, fintech execs want Trump to ban bank fees for customer data

Over 80 crypto and fintech executives asked the Trump administration to stop banks from levying data access fees, which threaten their business models.

Investors target ‘fun-first’ crypto games as funding jumps 94% in July

Web3 gaming funding steamed back as daily unique active wallets rose 2% to 4.9 million in July, with signs of a maturing industry.

US Treasury’s Bessent backpedals: Bitcoin buying still possible

US Treasury Secretary Scott Bessent clarified that the department was exploring budget-neutral ways to buy Bitcoin, contradicting an earlier comment that tanked the market.

Trump-backed American Bitcoin orders 16K Bitmain ASICs amid ongoing trade war

Bitmain recently announced it would open its first BTC mining hardware manufacturing facility in the United States by the end of 2025.

Citigroup weighs crypto custody as ETFs, stablecoins gain momentum

Citi is exploring cryptocurrency custody and payment services, with an initial focus on stablecoin-backed assets.

FBI warns of ‘fictitious law firms‘ targeting crypto scam victims

The bureau warned that anyone offering recommendations on a “crypto recovery law firm” or claiming to be a lawyer could be targeting the victims of crypto scams.

Perplexity AI eyes $20B valuation in new funding round after Chrome bid

The company has experienced rapid growth in less than two years, reaching an annual recurring revenue of $80 million and a valuation of $18 billion.

Bitcoin’s all-time high gains vanished hours later: Here’s why

Traders send mixed signals after Bitcoin falls to $117,000 a day after hitting new all-time highs.

US Treasury’s OFAC sanctions crypto exchange Garantex for second time

The Office of Foreign Assets Control said it was taking additional action against the crypto exchange after including it on its list of Specially Designated Nationals in 2022.

Coinbase seals Deribit acquisition in 5th deal of 2025

The crypto exchange has been steadily acquiring companies to diversify the range of services it offers to clients.

Bitpanda launches in UK, sets two-year growth target

Bitpanda enters the UK with 600+ crypto assets, an Arsenal FC partnership and B2B white-label services, but faces stiff competition in a market stalled by slow regulation.

Bitcoin sell-off intensifies after hot US inflation report rattles stocks, crypto

Bitcoin dropped sharply after a higher-than-expected US PPI print shocked traders.

TeraWulf secures $3.7B AI hosting deal backed by Google, shares soar

The Bitcoin miner’s pivot into AI infrastructure hosting includes a decade-long colocation agreement with Fluidstack, backed by Alphabet’s Google.

Charles Schwab, Fidelity among traditional companies hiring for crypto expansion

Major Wall Street players are adding talent to support their growing cryptocurrency operations.

Jack Dorsey’s Block targets 10-year lifecycle for Bitcoin mining rigs

Block’s Proto Rig and Proto Fleet aim to reduce upgrade costs and extend rig lifespans, giving miners a potential edge in a capital-intensive, increasingly AI-integrated industry.

Ether price prediction markets bet ETH will hit $5K by end of August

ETH traders and bets on Polymarket predict that Ether price will hit $5,000 before the end of August.

Vietnam state-run Military Bank partners with Dunamu to launch crypto exchange

Military Bank, a Vietnamese state-controlled lender, has partnered with the parent company of South Korea’s Upbit exchange, Dunamu, to develop a cryptocurrency exchange.

From White House reports to Wall Street: How ZK-proofs are taking over blockchain

The cryptographic math once dismissed as fringe is now shaping US policy and bank infrastructure. StarkWare’s Eli Ben-Sasson said it’s only the beginning.

Lost your crypto password or seed phrase? Here’s what actually works in 2025

Lost your seed phrase or crypto wallet password in 2025? You’re not alone. Recovery might still be possible.

Bitcoin drops below $119K after US Treasury secretary rules out new BTC buys

Bitcoin fell below $119,000 on Thursday after US Treasury Secretary Scott Bessent said the government will not make new BTC purchases to fund a Bitcoin reserve.

Bitcoin showed the path, and decentralized AI must ditch rented compute

Most AI startups are just prompt arbitrage built on rented compute. By 2027, platform landlords will crush 70% of them. Only decentralized AI will survive.

BtcTurk halts withdrawals amid suspected $48M crypto hack

BtcTurk halted deposits and withdrawals, citing a “technical issue” with hot wallets, while trading and local currency withdrawals and deposits remained active.

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