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Month: August 2025

S&P Global assigns ‘B-’ credit rating to Sky, first for DeFi protocol

S&P Global assigns ‘B-’ credit rating to Sky, first for DeFi protocol

August 12, 2025

S&P Global’s credit rating of Sky Protocol reflects key concerns over governance centralization, weak capitalization and regulatory uncertainty. S&P Global…

At least 1 Bitcoiner gets kidnapped every week — Crypto exec

At least 1 Bitcoiner gets kidnapped every week — Crypto exec

August 11, 2025

Alena Vranova said that personal safety measures should not be ignored by Bitcoin and crypto investors with modest holdings. Alena…

World Mobile launches drone-based, decentralized telecom project

World Mobile launches drone-based, decentralized telecom project

August 11, 2025

The decentralized telecommunication project uses unmanned aerial drones in the stratosphere to provide wireless services to users. World Mobile is…

Embargo ransomware group moved $34M in crypto since April: TRM Labs

Embargo ransomware group moved $34M in crypto since April: TRM Labs

August 11, 2025

TRM Labs says the Embargo ransomware group has moved over $34 million in ransom-linked crypto since April, targeting US hospitals…

Crypto debanking is ‘still occurring’ as banks stick to Chokepoint policies

Crypto debanking is ‘still occurring’ as banks stick to Chokepoint policies

August 11, 2025

Despite Trump’s pro-crypto stance, Unicoin CEO says US banks continue closing accounts for crypto firms under “Operation Chokepoint.” Crypto firms…

Funding effort for Roman Storm grows as defense preps for possible retrial

Funding effort for Roman Storm grows as defense preps for possible retrial

August 9, 2025

Donations to the embattled software developer increased after Wednesday’s partial verdict and the possibility of a retrial. Tornado Cash developer…

CrediX Finance team disappears after $4.5M hack

CrediX Finance team disappears after $4.5M hack

August 9, 2025

Stability DAO said it had identified two CrediX Finance team members and was working with other projects and authorities to…

XRP tops $3 as Ripple case nears potential SEC dismissal

XRP tops $3 as Ripple case nears potential SEC dismissal

August 8, 2025

A joint report due on Aug. 15 may lead to the conclusion of the nearly five-year legal dispute between the…

BTCFi VC funding hits $175M as investors focus on consumer apps

BTCFi VC funding hits $175M as investors focus on consumer apps

August 8, 2025

Bitcoin DeFi is seeing more venture capital interest as institutional investors flock to Bitcoin and its increasing yield-bearing capabilities. Bitcoin’s…

Hyperliquid drives $487B July surge in decentralized crypto trading

Hyperliquid drives $487B July surge in decentralized crypto trading

August 8, 2025

Hyperliquid processed $319B in trades last month, accounting for the majority of DeFi perpetual futures volume as decentralized exchanges gain…

Bitcoin-DeFi startup BOB tops up funding to $21M as Castle Island, Anchorage join

Bitcoin-DeFi startup BOB tops up funding to $21M as Castle Island, Anchorage join

August 8, 2025

Build on Bitcoin raised $21 million to unlock native BTC DeFi with a new bridge, hybrid layer-2 infrastructure and institutional…

Aave hit by phishing attack day after reaching $60B in net deposits

Aave hit by phishing attack day after reaching $60B in net deposits

August 8, 2025

Scammers used Google Ads to impersonate Aave investment platforms in an attempt to trick users into linking wallets to malicious…

KakaoBank plans to ‘actively participate’ in stablecoin market: Report

KakaoBank plans to ‘actively participate’ in stablecoin market: Report

August 8, 2025

South Korea’s KakaoBank is looking at services for the issuance and custody of stablecoins with plans to “actively participate” in…

Tokenized stocks rise 220% in July, reminiscent of ‘early DeFi boom’

Tokenized stocks rise 220% in July, reminiscent of ‘early DeFi boom’

August 7, 2025

Tokenized stocks are nearing an inflection point that may lead to an $1.3 trillion market opportunity, according to Binance Research.…

Cardano-aligned ‘Vector’ blockchain promises instant finality speeds

Cardano-aligned ‘Vector’ blockchain promises instant finality speeds

August 7, 2025

Apex Fusion will debut Vector, a Cardano-aligned blockchain that claims instant finality and 10x transaction speed, at Rare Evo on…

Satsuma secures $218M, including $125M in BTC, to advance Bitcoin strategy

Satsuma secures $218M, including $125M in BTC, to advance Bitcoin strategy

August 7, 2025

Satsuma Technology secured $217.6 million in its latest raise, with over half settled in Bitcoin, drawing support from top crypto…

Crypto investor falls victim to phishing scam, loses $3M with single click

Crypto investor falls victim to phishing scam, loses $3M with single click

August 7, 2025

Crypto scammers are switching from code to exploiting human vulnerabilities that don’t require breaking through complex cybersecurity guardrails. A cryptocurrency…

Eye-scanning crypto projects pose national security risks, China warns

Eye-scanning crypto projects pose national security risks, China warns

August 7, 2025

China’s security agency warned that biometric data collection by crypto firms, including iris scans, may endanger personal privacy and be…

Backlash as ex-SEC chief of staff links liquid staking to Lehman Brothers

Backlash as ex-SEC chief of staff links liquid staking to Lehman Brothers

August 7, 2025

Former SEC chief of staff Amanda Fischer slammed the latest SEC guidance on liquid staking, sparking a sharp backlash on…

Solana treasury race heats up as firms hunt staking rewards

Solana treasury race heats up as firms hunt staking rewards

August 7, 2025

Three public companies increased their Solana holdings this week, as BitGo speculated that firms are buying Solana to stake it…

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