Crypto

Justice Department (DOJ) Criminal Division head Matthew Galeotti declared that writing code without criminal intent does not constitute a crime, providing crypto developers and smart contract creators with clearer boundaries on criminal liability. During remarks at the American Innovation Project Summit on Aug. 21, Galeotti stated: “Our view is that merely writing code without ill […] The post DOJ Criminal Division chief says open source smart contract devs not criminally liable without intent appeared first on CryptoSlate.

XRP sentiment remains bullish, noted the analyst, who also suggested the activity represented a redistribution. 

FLOCK rallied by almost 30% daily, while the rest have recorded more modest increases.

Though a Justice Department official did not mention the Tornado Cash developer by name, he made many general references to enforcement cases involving similar allegations. Tornado Cash co-founder Roman Storm, found guilty on one felony count in August, may be closer to avoiding a possible retrial on additional charges following a statement from a Justice Department official. Speaking at a Thursday summit in Wyoming organized by the cryptocurrency advocacy organization American Innovation Project, Matthew Galeotti, the acting assistant attorney general for the Justice Department’s criminal division, suggested that the department would be changing its approach to certain enforcement cases involving crypto and blockchain. The DOJ official said his remarks were to offer clarity following an April memo from US Deputy Attorney General Todd Blanche, titled “Ending Regulation by Prosecution.” Read more

Markets for NFTs connected to AI have grown, with July metaverse trades up 83% and ETH prices improving. Projects including FURO, Pudgy Penguins, Treasure DAO and The Sandbox show interactive use cases, though rights, costs and authenticity remain ongoing concerns. The post NFT Market Heats Up As AI Companion Tokens Bring Interactive Experiences appeared first on Cryptonews.

Several technical indicators are flashing bullish for SOL price, and analysts believe a rally to $260 is the next step. Key takeaway: SOL technical chart setups converge on the $260 price target. After soaring to a six-month high of $209 last week, Solana (SOL) retraced as much as 16% to a low of $175 on Tuesday. The SOL price has since rebounded to the current level of $180, with multiple indicators suggesting that its uptrend toward $260 remains intact.  Read more

State Street, one of the world’s top three asset managers, can now custody blockchain-based debt securities for institutional clients. State Street, an asset manager and custodian bank serving institutional clients, has joined financial services company JPMorgan’s tokenized debt platform as its first third-party custodian, allowing it to hold blockchain-based debt securities on behalf of investors. JP Morgan’s Digital Debt Service platform allows institutional clients to trade and settle tokenized debt instruments, which are securities issued on a blockchain that represent government or corporate bonds.  The asset manager purchased $100 million in tokenized commercial debt from the Oversea-Chinese Banking Corporation (OCBC), one of the oldest banks in Southeast Asia, in the platform’s inaugural transaction, according to Thursday’s announcement. Read more

Stablecoins could swell to a $1.2 trillion market by 2028 and begin exerting pressure on U.S. debt markets, according to an Aug. 21 Coinbase report. The projection, based on thousands of growth simulations, outlines a path for the market to expand nearly 5x from its current size of $270 billion. The report comes as the […] The post Coinbase sees stablecoin market growing 5x to $1.2T by 2028 appeared first on CryptoSlate.

Altcoin Season has developed unevenly, with liquidity and usage concentrating in a few names. OKB has benefited from exchange fee utility and burns, Aave has supported on-chain lending, and Monero has provided privacy settlement as Bitcoin dominance has remained above 60%. The post OKB, Aave, and Monero Could Make You Rich Beyond Your Wildest Dreams This Altcoin Season appeared first on Cryptonews.

The inaugural transaction State Street anchored was a $100 million digital commercial paper issuance by OCBC.

[PRESS RELEASE – Zurich, Switzerland, August 21st, 2025] With an overwhelming 180,000 USD raised within 24 hours, ESCAPE’s Ethereum presale is in Stage 3 at $0.01752, moving toward a final stage price of $0.03236. ESCAPE, a Web3 infrastructure token, has launched its presale on Ethereum and shared its roadmap for new blockchain tools. The project […]

Aave enters a blockchain with few competitors, with only one top-five Aptos protocols having a TVL of $1 billion or more. Aave, a decentralized finance (DeFi) protocol with $70 billion in net deposits, has launched on Aptos, a layer-1 blockchain founded by former Meta employees. The move may deepen stablecoin and liquid staking token liquidity on the blockchain, two asset classes subject to regulation in 2025. According to an announcement shared with Cointelegraph, Aave will support four coins native to the blockchain at launch: stablecoins USDC (USDC) and USDt (USDT), Aptos (APT), and Ethena Staked USDe (sUSDe). The Aptos Foundation will provide users with rewards and liquidity incentives to promote the use of Aave on the Aptos blockchain. The arrival of Aave could deepen stablecoin liquidity on the blockchain, as the fiat-pegged cryptocurrencies are experiencing a breakthrough and are one of the industry’s most-discussed use cases. On Aptos, the stablecoin market cap has surged in 2025, jumping to $1.27 bil...

OKB jumps 88% in a week, hitting $195 after a 93% supply cut and X Layer migration sparks market demand.

A fraudster posing as a hardware wallet support agent tricked the target into handing over wallet credentials.

Macro conditions suggest Bitcoin (BTC) might face a multi-week performance slowdown if global M2 money supply peaks in September, according to a recent report by Delphi Digital. The BTC-M2 relationship using a 10-week offset shows M2 data already rolling over roughly 8% from projected September highs.  Bitcoin has historically followed M2 peaks with performance lags, […] The post How the US Treasury’s cash rebuild could cap Bitcoin enthusiasm through fall appeared first on CryptoSlate.

An XRP chart fractal and whale flows hint at a short-term dip before a possible “moonshot” breakout to new all-time highs in Q4. Key takeaways: XRP closed below $3, but a fractal pattern suggests a bullish Q4 setup, with a potential rally toward $4.35 to $4.85. Whale flows remain negative, hinting at near-term downside before possible reaccumulation in the $2.65 to $2.33 range. Read more

High net worth investors in Asia are piling into crypto, adding to a market long dominated by retail users across India, Indonesia, Vietnam and beyond. Wealthy families and family offices across Asia are increasing their cryptocurrency allocations, with some planning to allocate around 5% of their portfolios to the asset class. Reuters first reported the trend, which noted a wave of demand from high-net-worth individuals across Singapore, Hong Kong and mainland China. Wealth managers told Reuters they are receiving more enquiries from clients, while cryptocurrency exchanges have reported rising trading volumes and new crypto funds are drawing strong demand. Jason Huang, founder of NextGen Digital Venture, said his company raised over $100 million in just a few months for a new long-short crypto equity fund launched in Singapore in May. His previous fund, which wound down last year, returned 375% in less than two years. Read more

The approval is a significant step in Gemini’s EU strategy, allowing the firm to roll out its trading products and services to customers across the region.

Blockchain research firm Kaiko gave XRP Ledger a rough security score in a recent ranking, but developers are pushing back on the analysis.

HBAR demonstrates strong recovery momentum following SWIFT blockchain trials.