Term Finance kills Meta Vaults after governance process clears path for $8.5 million drain
Withdrawals remain open, but Term has not confirmed the loss or promised to cover any shortfall.
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Las Vegas businessman faces 280 years over $24 million crypto Ponzi scheme
A federal jury has convicted Las Vegas businessman Brent Kovar of fraud and money laundering after prosecutors said his Profit Connect operation collected $24 million from at least 400 investors through false claims about cryptocurrency mining, investment returns and company…
Bitcoin Rally Takes Strategy From $9.5B Underwater to $4.7B Paper Profit in 7 Days
Strategy's average Bitcoin purchase price remains above $75,000, keeping the position sensitive to further price moves.
X Trade Buttons Coming Soon as Bier Counters Crypto Shadowban Rumors
Nikita Bier says X trade buttons arrive soon and blames Treasury buybacks, not X, for the crypto bull market.
Gemini enables XRP transfers via XRPL in Singapore
Gemini users in Singapore can now deposit and withdraw XRP through XRPL, expanding the exchange’s support for Ripple-related assets.
Bitcoin holds above $80,000 backed by ETF flows; bull market case ‘early but optimistic,’ analyst says
Analysts say it's still too early to tell if this will translate into a bull market, given sticky inflation and geopolitical uncertainty.
India to launch first tokenized corporate bonds using digital rupee
India has set plans to launch its first tokenized corporate bonds next month through an REC issue of less than 5 billion rupees ($57 million), with the digital rupee set to settle transactions on blockchain-based infrastructure. Reuters reported on Aug.…
Franklin Templeton partners with HashKey to offer tokenized money market fund in Asia
HashKey said it has launched the Franklin OnChain US Government Liquidity Fund on the platform's Earn channel.
U.S. expands Iran crypto sanctions over $100M oil payments
OFAC expanded sanctions to Iran’s crypto sector after alleging over $100 million supported IRGC-linked oil sales since 2023.
Pi Network’s August 24 pricing shakeup: the end of subsidized app building
Pi App Studio drops its flat 0.25 PI fee and moves to usage based pricing. Only apps with real users keep the subsidy. This is the network’s first real filter for quality. The change looks small on paper. Pi Network…
Block Bits Capital founder convicted in nearly $1M crypto fraud
A federal jury has convicted Block Bits Capital co-founder Japheth Dillman of wire fraud and conspiracy after prosecutors said more than 20 investors lost nearly $1 million in a fraudulent cryptocurrency trading fund. The U.S. Department of Justice said on…
Crypto rally spills into dog and cat memecoins as smaller tokens double in a week
Robinhood Chain-based Cash Cat jumped more than 50% in a day, while several smaller animal-themed tokens have gained between 50% and 130% over the past week.