Crypto exchange Kraken has suspended Monero (XMR) deposits after confirming that a single mining pool gained control of more than half of the network’s hashing power, raising serious security concerns. Key Takeaways: Kraken halted Monero deposits after one mining pool, Qubic, claimed control of over 50% of the network’s hashrate. Monero developers pushed back, while…
Grayscale is pushing ahead with its bid to launch a Dogecoin exchange-traded fund, revealing the ticker “GDOG” in its latest US Securities and Exchange Commission filing. Key Takeaways: Grayscale has filed to convert its Dogecoin Trust into an ETF under the ticker GDOG on NYSE Arca. The SEC is reviewing multiple crypto ETF applications amid…
Gemini has filed an S-1 with the US Securities and Exchange Commission, aiming to go public on the Nasdaq Global Select Market under the ticker GEMI. Key Takeaways: Gemini has filed to list on Nasdaq under ticker GEMI, with major Wall Street banks leading the IPO. The company faces mounting losses, posting a $282.5 million…
Altcoin market capitalization (TOTAL3 – excluding BTC and ETH) surpassed $1.1 trillion in the second week of August. It now needs less than a 10% increase to set a new all-time high. In this context, several altcoins have seen a sharp drop in exchange reserves, reflecting accumulation and long-term holding activity. Most reports and analyses…
DeFi Development Corp. (Nasdaq: DFDV) has expanded its Solana holdings in a major new purchase, adding 110,000 SOL at an average price of $201.68, worth about $22 million. The acquisition lifts the company’s total balance to 1,420,173 SOL and SOL equivalents, valued at approximately $273 million. The move has pushed the company’s key performance metric,…
Hyperliquid (HYPE) has stood firm against the market bloodbath triggered by August 14’s massive liquidation event, posting a strong $29 billion in 24-hour trading volume alongside $7.7 million in generated fees. This volume explosion coincides with increases across key metrics, indicating heightened network engagement and growing investor appetite, with numerous analysts now eyeing a potential…
Czech authorities have arrested convicted drug trafficker Tomas Jirikovsky in a deepening probe into a $45 million Bitcoin donation to the Ministry of Justice that ignited a political firestorm earlier this year. Key Takeaways: Czech police arrested convicted drug trafficker Tomas Jirikovsky over a $45M Bitcoin donation. The donation, accepted without verification by former Justice…
A coalition of crypto and fintech leaders is pressing U.S. President Donald Trump to prevent banks from imposing new charges on customer data access, warning such fees could undermine innovation and consumer choice. Key Takeaways: Crypto and fintech leaders urged President Trump to block bank fees for customer data access. The dispute centers on Biden’s…
The US regulator has extended its review period for two Solana exchange-traded funds (ETFs) filings to October 16, 2025. The SEC said that the extension allows “sufficient time to consider” Solana ETF proposals from Bitwise and 21Shares, which were originally due on August 17. “The Commission finds that it is appropriate to designate a longer…
The Chainlink Reserve has received a substantial boost this month, with a fresh inflow of 44,109.76 LINK on August 14, 2025. At current market prices, this addition is valued at approximately $1.03 million, marking a large single-day increase to the reserve in recent months. RESERVE UPDATE Today, the Chainlink Reserve has accumulated 44,109.76 LINK. As…