Terawulf Secures $3.7B AI Hosting Deal With Fluidstack, Backed by Google

Bitcoin miner Terawulf announced on Aug. 14 that it has entered into two ten-year high-performance computing colocation agreements with AI cloud platform Fluidstack. Financial and Corporate Backing Bitcoin miner Terawulf announced on Aug. 14 that it had entered two 10-year high-performance computing (HPC) colocation agreements with artificial intelligence (AI) cloud platform Fluidstack. As part of … Read more

$450M in Seized Crypto Assets on Track for Return to Defrauded Investors

The Justice Department is unleashing over $450 million in seized crypto, real estate, and luxury assets to repay thousands of defrauded victims in a $577 million scheme. DOJ Plans Restitution for Thousands After $577M Cryptocurrency Fraud The U.S. Department of Justice (DOJ) announced on Aug. 12 that two Estonian nationals have been sentenced for operating … Read more

FBI Warns of Ruthless Crypto Recovery Scam Preying on Victims Twice

Crypto recovery scams are evolving fast, with sophisticated fraudsters now impersonating entire law firms and fake government agencies to exploit victims a second time. FBI Flags Fake Crypto Lawyers Exploiting Grief, Trust, and Empty Wallets The U.S. Federal Bureau of Investigation (FBI) issued a new public service alert on Aug. 13, 2025, highlighting an intensification … Read more

Gemini Launches Self-Custody Wallet With Passkey Tech and Web3 Integration

Gemini launches a self-custody wallet and onchain dashboard that streamlines DeFi access, dapp exploration, passkey login, and gas-free transactions across major Layer 2 networks. Gemini Debuts Onchain Dashboard and Wallet With DeFi and Dapp Support Crypto exchange Gemini announced on Aug. 14 the release of Gemini Wallet, a self-custody smart wallet engineered to streamline onchain … Read more

Citigroup Targets Regulated Stablecoin Boom With Institutional-Grade Custody

Citigroup is charging into the crypto frontier, targeting stablecoin custody, ETF infrastructure, and instant blockchain payments as demand explodes. Traditional Banking Giant Eyes Stablecoin Custody and Digital Payment Innovation Citigroup is advancing its digital asset strategy by exploring custody and payment services for stablecoins and crypto-linked investment products, marking a notable shift as traditional banks … Read more

80 CEOs Urge Trump to Block Bank Fees That Could Cripple US Crypto Access

A fierce showdown is brewing as over 80 crypto and fintech leaders demand immediate action to block major banks from throttling consumer data access and crippling digital finance. Trump Pressed by 80 Executives as Banks Move to Block Crypto Account Links Executives from the cryptocurrency and fintech sectors called on President Donald Trump on Aug. … Read more

DeFi Development Corp. Funds SOL Strategy With Convertible Notes

DeFi Development Corp. has priced an upsized $112.5 million private offering of convertible notes to bolster its corporate treasury, including further acquisition of solana ( SOL). Company Funds SOL Strategy With Convertible Notes Worth $112.5 Million The Nasdaq-listed company (DFDV) announced the 5.5% convertible senior notes due 2030, marketed to qualified institutional buyers under Rule … Read more

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