Binance founder Changpeng Zhao seeks dismissal from $1.8B FTX lawsuit
Changpeng Zhao has asked to dismiss a lawsuit from FTX seeking to recover $1.8 billion the bankrupt crypto exchange said it used in a share repurchase deal. Go to Source
Month: August 2025
Solana treasury race heats up as firms hunt staking rewards
Three public companies have increased their Solana holdings this week, as BitGo speculates firms are buying Solana to stake it and earn rewards. Go to Source
Verb Technology Raises $558 Million to Launch First TON Treasury Company
Verb Technology is set to rebrand as TON Strategy Co. after securing $558 million in an oversubscribed PIPE offering to establish the first publicly listed toncoin treasury. The move aligns with TON’s deep integration into Telegram’s ecosystem and positions Verb as a leading institutional holder of TON. TON Strategy Company Set to Debut As Verb … Read more
Hyperliquid revenue surges as it leeches users from Solana: VanEck
Hyperliquid’s superior derivatives platform drove 35% of blockchain revenue in July, capturing high-value users from struggling Solana. Go to Source
Bitcoin may still have steam for $250K this year: Fundstrat’s Tom Lee
Fundstrat managing partner Tom Lee says Bitcoin should hit $1 million “over time” and isn’t ruling out $250,000 for 2025. Go to Source
CFTC Approves Spot Crypto Trading on Registered Exchanges
In a landmark development, the Commodity Futures Trading Commission (CFTC) announced on August 4, 2025, that it will permit spot crypto trading on exchanges registered under its jurisdiction. The decision, announced in coordination with the Securities and Exchange Commission (SEC) as part of the broader Project Crypto initiative, was first reported by Reuters. The following … Read more
Indonesia is exploring a national Bitcoin reserve, says local group
Bitcoin Indonesia said it recently pitched Bitcoin to the Vice President’s office and explored Bitcoin mining as a national reserve strategy. Go to Source
‘Suboptimal Capital Leakage’ in GCC Due to Lack of Crypto ETPs, Warns Defi Tech President
In the Gulf Cooperation Council region, there is a significant gap in the availability of regulated digital asset exchange-traded products. According to Andrew Forson, this leads to capital being exported to other jurisdictions—a situation that not only results in financial losses but also hampers the development of local infrastructure and liquidity. GCC Lags Behind Europe … Read more
SEC’s crypto pivot has ‘not been priced in’ — Bitwise CIO
Bitwise chief investment officer Matt Hougan remarked on coming across “the most bullish document I’ve read on crypto.” Go to Source
Binance futures volume hits 6-month high amid Bitcoin volatility
Crypto derivatives volumes surged across major exchanges last month, with Binance leading at $2.55 trillion. Go to Source
