Day: 12 August 2025

Do Kwon, co-founder of Terraform Labs, is preparing to change his plea in the high-profile U.S. criminal case related to the 2022 collapse of the TerraUSD (UST) stablecoin that wiped out approximately $40 billion in investor value. A federal judge in the Southern District of New York scheduled a hearing ...

MARA Holdings Inc. is embarking on a strategic transformation by moving beyond cryptocurrency mining into artificial intelligence (AI) infrastructure. The company recently announced a $168 million agreement to acquire a 64% majority stake in EDF’s Exaion, a French firm specializing in high-performance computing and cloud services tailored for AI applications. ...

KuCoin has become the first global cryptocurrency exchange to support UBS uMINT, a tokenized money market investment fund launched by UBS Asset Management and distributed through licensed platform DigiFT. The move allows institutional tokenholders to use UBS uMINT as off-exchange collateral for digital asset trading on KuCoin. Through DigiFT’s infrastructure, ...

Metaplanet Inc. has expanded its Bitcoin reserves to 18,113 BTC as of August 12, 2025, following the purchase of an additional 518 BTC at an average price of ¥17.54 million per coin, bringing the company’s total investment to ¥270.36 billion. The Tokyo-based firm has been executing an aggressive Bitcoin accumulation ...

Cryptocurrency started with a radical dream: give everyday people financial freedom, no middlemen, no barriers. Fast forward to 2025, and the question looms large: is crypto becoming too complicated for the average person? For many newcomers, navigating DeFi protocols, staking systems, wallets, and bridges feels more like solving a tech ...

Federico Carrone, a prominent Ethereum core developer widely known as “Fede’s Intern” on social media, has been released after being detained for 24 hours in Turkey over alleged ties to an Ethereum privacy protocol. Carrone revealed his release in a statement posted on X Monday, expressing relief and gratitude for ...

Shares of Nasdaq-listed beverage maker Safety Shot (SHOT) tumbled more than 50% on Monday after the company unveiled plans to allocate $25 million to Bonk (BONK), a Solana-based memecoin, as the centerpiece of its new corporate treasury strategy. In a statement, Safety Shot announced a strategic alliance with Bonk’s founding ...

Institutional interest in digital assets keeps growing, and traditional banks are facing mounting pressure to foray into crypto custody. High-net-worth individuals, family offices, and hedge funds are no longer just buying Bitcoin; they’re demanding secure, regulated ways to store it. That demand opens a new line of business for banks: ...

Paxos Trust Company, the crypto infrastructure firm behind PayPal’s PYUSD stablecoin, has reignited its pursuit of a US national trust bank charter following the expiration of its initial approval in 2023. Originally granted conditional approval by the Office of the Comptroller of the Currency (OCC) in April 2021, Paxos did ...

Web3 is often described as the next phase of the internet, one where users take back control from centralized platforms. Built on blockchain technology, it promises a more open and democratic digital world, where individuals truly own their data, assets, and online experiences. No more gatekeepers. No more centralized control. ...