Indian court sentences 14 to life in Bitcoin extortion case
A former BJP legislator and 11 police officials have been convicted for the 2018 abduction of a Surat businessman in a plot to seize over 750 Bitcoin. Go to Source
Month: August 2025
Bitcoin Miner IREN Posts Record $501M Revenue in FY25, Reverses Prior-Year Loss
Australian Bitcoin miner IREN has declared fiscal year 2025 its “breakout year,” reporting a surge in revenue from $187.2 million to $501 million and reversing a prior net loss to a record $86.9 million in profit. CEO Highlights Operational Expansion IREN, an Australian Bitcoin miner, has described the financial year ending June 30, 2025, as … Read more
Project ATLAS Unveiled: UAE’s Bold Leap into Decentralized AI and Blockchain
Gewan Holding, part of Abu Dhabi’s NG9 Holding, has partnered with decentralized infrastructure pioneer Iopn to accelerate the development of sovereign AI, blockchain and digital identity solutions in the United Arab Emirates. Introducing Project ATLAS The United Arab Emirates (UAE) conglomerate Gewan Holding has partnered with Iopn, a pioneer in decentralized infrastructure, in a collaboration … Read more
Spot BTC, ETH ETFs see outflows as inflation ticks up under Trump tariffs
Bitcoin and Ether ETFs saw outflows on Friday after the Fed reported rising core inflation, driven in part by Trump’s tariff policies. Go to Source
DeFi Development Corp Expands Solana Bet with $77M Purchase
DeFi Development Corp (Nasdaq: DFDV) has doubled down on its Solana (SOL) strategy. The firm acquired 407,247 SOL worth $77M, boosting total holdings to 1.83M SOL valued at $371M. That’s a 29% jump since its last purchase on August 15, 2025. The buy comes after a fresh equity raise and signals growing institutional conviction around … Read more
Tron Slashes Network Fees by 60% in Bold Move
On August 26, 2025, the Tron Super Representative (SR) Community approved the largest fee cut in the network’s history. The proposal reduces Tron network fees by 60% and takes effect today, August 29, at 20:00 (UTC+8). The decision marks a major shift for Tron, a blockchain known for its speed and low-cost transactions. What Really … Read more
Hearing for Fed Governor Lisa Cook’s Lawsuit Against Trump Turns out to Be a Nothingburger
Cook was fired by Trump on Monday after the president’s Director of the Federal Housing Finance Agency accused her of mortgage fraud earlier in the month. Much-Anticipated Hearing in Lisa Cook’s Trump Lawsuit Fails to Deliver Fireworks Many were anticipating some sort of ruling by Judge Jia Cobb on Friday after U.S. Federal Reserve Governor … Read more
El Salvador splits $678M Bitcoin across 14 wallets to reduce quantum risk
El Salvador has transferred its 6,274 Bitcoin into 14 new wallet addresses as part of a security measure to protect against the threat of quantum attacks. Go to Source
Strategist Warns Gold Surpassed US Treasuries as Reserve Asset: A Dollar Rebalancing Might Follow
Otavio Costa, an economic strategist, recently highlighted that the U.S. treasuries had been displaced by gold to become the main reserve asset held by central banks around the world. Costa believes that this might precede a major economic rebalance. Gold Defeats U.S. Treasuries as Reserve Asset: What Comes Next? The world is experiencing an economic … Read more
US Lawmakers Visit Europe to Boost Digital Asset Rules, Monetary Policy Ties
U.S. lawmakers ramped up global momentum on digital asset regulation and monetary policy during a high-stakes European tour aimed at fortifying transatlantic financial and security alliances. Congressional Delegation Advances US-Europe Alliance on Crypto, Policy, and Security U.S. House Committee on Financial Services Chairman French Hill announced on Aug. 29, 2025, that he and Rep. Vicente … Read more