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Bitcoin Sets New Record Above $122,000 as Ether Nears 2021 Peak
Markets

Bitcoin Sets New Record Above $122,000 as Ether Nears 2021 Peak

Bitcoin climbed to a fresh all-time high of roughly $122,900 on Wednesday, overtaking its July peak, while Ether advanced to about $4,700, leaving the second-largest cryptocurrency just 3% shy of its November 2021 record
Google Reverses Course, Says Non-Custodial Crypto Wallets Can Stay on Play Store
Regulation & Politics

Google Reverses Course, Says Non-Custodial Crypto Wallets Can Stay on Play Store

Google on Wednesday walked back language in an updated Google Play policy that briefly appeared to require developers of non-custodial cryptocurrency wallets to secure banking-style licences, a move the industry warned would amount to an effective ban in major markets
Crypto Exchange Bullish Raises $1.1 Billion in Upsized NYSE IPO
CeFi

Crypto Exchange Bullish Raises $1.1 Billion in Upsized NYSE IPO

Crypto exchange Bullish raised $1.1 billion in its US initial public offering after selling 30 million shares at $37 each, well above the already-increased range of $32 to $33.
OKX to Burn 65 Million OKB and Cap Supply at 21 Million, Spurring Price Rally
CeFi

OKX to Burn 65 Million OKB and Cap Supply at 21 Million, Spurring Price Rally

Cryptocurrency exchange OKX unveiled a sweeping overhaul of its native token on 13 August, saying it will permanently destroy 65,256,712 OKB
Coinbase Relaunches Stablecoin Fund to Boost DeFi Liquidity
DeFi

Coinbase Relaunches Stablecoin Fund to Boost DeFi Liquidity

Coinbase Global Inc. on 12 Aug. relaunched its Stablecoin Bootstrap Fund, reviving a program first started in 2019 to nurture on-chain dollar liquidity.
MARA Holdings to Acquire 64% Stake in EDF’s Exaion for $168 Million in AI and HPC Deal Closing Late 2025
Blockchains

MARA Holdings to Acquire 64% Stake in EDF’s Exaion for $168 Million in AI and HPC Deal Closing Late 2025

Marathon Digital Holdings (MARA), the largest Bitcoin mining company, is in advanced negotiations to acquire a 64% majority stake in Exaion, a high-performance computing (HPC) and artificial intelligence (AI) infrastructure company
Terraform’s Do Kwon Pleads Guilty in $40B TerraUSD Fraud Case
Regulation & Politics

Terraform’s Do Kwon Pleads Guilty in $40B TerraUSD Fraud Case

Terraform Labs co-founder Do Kwon pleaded guilty on Tuesday in Manhattan federal court to one count each of conspiracy to defraud and wire fraud stemming from the 2022 collapse of the algorithmic stablecoin TerraUSD and its companion token Luna, an event that erased about $40 billion in value from cryptocurrency markets
Solana Treasury Holder Upexi Names BitMEX Founder Arthur Hayes as Adviser
Blockchains

Solana Treasury Holder Upexi Names BitMEX Founder Arthur Hayes as Adviser

Upexi Inc., a Nasdaq-listed company that holds one of the largest Solana treasuries, has named Arthur Hayes as the first member of a newly created advisory committee
Circle Unveils ARC Layer 1 Network for Stablecoins
Blockchains

Circle Unveils ARC Layer 1 Network for Stablecoins

Payments firm Circle plans to introduce ARC, a proprietary Layer-1 blockchain designed specifically for issuing and transacting stablecoins
SharpLink Gaming Raises $400 Million to Lift Ethereum Treasury Above $3 Billion
Blockchains

SharpLink Gaming Raises $400 Million to Lift Ethereum Treasury Above $3 Billion

SharpLink Gaming said it has entered a $400 million registered direct offering with five global institutional investors