On August 1st, Simplicity activated on the Liquid Network, unlocking smart contracts that are formally specified and built from first principles. The milestone follows nearly a decade of research and development by Blockstream Research. In a recent conversation between the Simplicity creators and the StarkWare team, Blockstream CEO Adam Back said, “Simplicity is making things…
The Securities and Exchange Commission (SEC) delayed decisions on nine crypto exchange-traded fund (ETF) applications on Aug. 18. The delays extended review periods for products related to digital assets, spanning Bitcoin, XRP, Litecoin, and Dogecoin. The reason is likely the agency’s work to establish a comprehensive digital asset framework. The postponements affect Truth’s spot Bitcoin…
Circle’s upcoming Arc blockchain will debut with direct institutional access through Fireblocks, positioning the stablecoin issuer for a stronger foothold as competition in the sector accelerates. New York–based Fireblocks, which provides custody and tokenization infrastructure to more than 2,400 banks, asset managers, and fintech firms, confirmed it will support Arc from launch. The early integration…
Gemini has filed for a Nasdaq IPO under the ticker GEMI, revealing a $282.5 million net loss for the first half of 2025. The exchange also disclosed a $75 million credit agreement with Ripple in the Aug. 15 filing submitted to the US Securities and Exchange Commission (SEC), The exchange, founded by Cameron and Tyler…
Strategy and Metaplanet expanded their Bitcoin (BTC) holdings on Aug. 18, lifting their combined ownership to nearly 3.1% of the total circulating supply. The acquisitions highlighted the role of corporate treasuries in tightening available Bitcoin liquidity as institutions continue building exposure. Growing the stash Strategy Chairman Michael Saylor announced the firm’s latest purchase of 430…
Bitcoin’s (BTC) stalling between its recent all-time high and range lows is a sign of investors digesting the movement rather than market weakness. According to the August 18 Bitfinex Alpha report, BTC surged to a record $123,640 before retreating 5.44% from peak to trough, returning to the lower end of its established trading range. The…
The total value locked (TVL) in Polygon’s (POL) DeFi ecosystem is up nearly 43% since the start of this year. According to DefiLlama data, the network recorded $864 million in TVL on Jan. 1, and added roughly $400 million in the following months to hit $1.23 billion as of Aug. 18. Furthermore, the POL price…
Rural residents in Hood County are pressing for a community vote to gain more authority over a Bitcoin mining site that they say has disrupted their lives with round-the-clock industrial noise, local media outlet KERA News reported on Aug. 18. The mine, operated by Florida-based Marathon Digital Holdings, has been running for about three years…
The Royal Government of Bhutan has cut its Bitcoin exposure by selling more than $92 million of the top digital asset during the recent market downturn. On Aug. 18, blockchain analysis platform Onchain Lens reported that Bhutan moved 799.69 BTC, valued at approximately $92.06 million, into two new wallets. According to the firm, these transfers…
Bitcoin (BTC) and Ethereum (ETH) opened the week with notable losses, as the two leading cryptocurrencies retreated from their recent highs. According to CryptoSlate’s data, Bitcoin fell more than 3% over the past 24 hours, slipping from above $118,000 to around $115,303 at the time of writing. Ethereum followed suit, dropping roughly 4% to $4,270…