Crypto exec to pay $10M to settle SEC claims over betting on TerraUSD
The founder of the lending firm MyConstant agreed to pay over $10 million to the SEC to settle claims he stole millions to buy the now-collapsed Terra stablecoin. Go to Source
Month: August 2025
US Dollar Could Return to Gold Backing, Says Ray Dalio as Fiat Trust Erodes
The U.S. dollar could soon be reanchored to gold as global faith in fiat erodes, with Ray Dalio spotlighting historic cycles pointing toward a seismic monetary realignment. Ray Dalio Hints at Possible Dollar Reset as Confidence in Fiat Fades Amid growing concerns over fiat currency stability and rising global debt, some financial experts are revisiting … Read more
Bitcoin dip to $112K lacks whiff of altcoin summer: Bitfinex
The performance of the altcoins this week suggests “rapid derisking across the high-beta segments” of the crypto market. Go to Source
Spot Crypto Trading Set to Explode With CFTC’s First Regulatory Greenlight
Spot crypto trading is accelerating toward full federal regulation as the CFTC invites public input, setting the stage for transformative access on official U.S. futures exchanges. Push for Regulated Spot Crypto Heats up With CFTC Now Soliciting Feedback The Commodity Futures Trading Commission (CFTC) announced on Aug. 4 that it will begin developing a framework … Read more
XRP Ramps up in Korea as BDACS Taps Into Top Regulated Exchanges
XRP strengthens its foothold in South Korea as BDACS enables institutional custody and compliant exchange access, accelerating adoption amid rising demand for regulated crypto infrastructure. XRP Lights up Korea’s Crypto Scene as BDACS Bridges Institutions and Regulations Ripple shared on social media platform X on Aug. 5 that digital asset custody firm BDACS has added … Read more
SEC Commissioner Calls for Full Protection of Crypto Users’ Financial Privacy
Crypto privacy just got a massive boost as a top U.S. regulator slammed financial surveillance and championed blockchain tools as essential to preserving American constitutional freedoms. SEC Commissioner Says Crypto Privacy Isn’t a Loophole—It’s a Constitutional Right U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce, speaking at the Science of Blockchain Conference in Washington … Read more
Base blames faulty sequencer for 33-minute outage, fixes made
Base blamed a 33-minute outage on Aug. 5 on an unprepared sequencer and said it has fixed the issue to ensure any chosen sequencer will be ready to process transactions. Go to Source
XRP Hits New Gear: Flare’s Luminite to Accelerate XRP DeFi Adoption
XRP enters a new DeFi era as Flare’s Luminite wallet removes seed phrases, adds fiat onramps, and unlocks seamless access to staking, bridging, and asset swaps. XRP DeFi Now Made Simple—Flare Just Removed Barrier to Its Ecosystem Flare, a full-stack layer 1 solution designed for data-intensive use cases, introduced Luminite on Aug. 5. Described as … Read more
Nasdaq-Listed CEA Industries Closes $500M Round to Fund BNB Treasury Strategy
Nasdaq-listed CEA Industries Inc. announced the successful closing of a $500 million private placement offering on Aug. 5, 2025, aimed at advancing its BNB treasury strategy. Strategic Realignment and Rebranding Nasdaq-listed CEA Industries Inc. announced on Aug. 5 the successful closing of a $500 million private placement offering to advance its BNB Treasury Strategy. The … Read more
SEC’s guidance on liquid staking tokens a win for DeFi, institutions
Institutions may now have a clearer footing to build products around liquid staking tokens and unlock new market segments, according to industry executives. Go to Source
