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. Wall Street giant Citigroup is...
Month: August 2025
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...
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...
Dormant Bitcoin Vaults Stir: 1,799 BTC Worth $212.77M Moves After Years of Silence
Since Aug. 10, following a string of four 100 BTC transactions from 2012, nearly 1,800 BTC—worth over $212 million—has moved...
Robinhood Reports Historic Crypto Volumes, Hitting $16.8 Billion in July
The July 2025 operating data for Robinhood showed explosive growth in crypto trading, with app-based volumes up 110% from June...
Mesh Funding Tops $130M to Expand Crypto Payment Infrastructure
Mesh announced it obtained additional funding on Aug. 14, 2025, with Paypal Ventures among the key investors. The capital raise...
Bitcoin Tumbles as Markets Reel, in the Wake of Gloomy Inflation Data
The digital asset’s price saw a precipitous drop early Thursday morning after the U.S. Bureau of Labor Statistics published data...
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. Crypto exchange...
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...
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. Key takeaways:Bitcoin drops below $118,000 after a hot US...
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. TeraWulf...
Everybody hates GPT-5, AI shows social media can’t be fixed: AI Eye
Vitalik Buterin endorses AI doomer book, ChatGPT dietary advice sends man insane, and the funniest thing every written by an...
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...
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. Key takeaways:Ether...
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...
