Crypto

Prosecutors have asked a South Korean court to send the actress and former singer Hwang Jung-eum to prison for three years for embezzling company funds to spend on crypto. The post South Korean Prosecutors Demand 3-Year Jail Term for ‘Crypto-Embezzling’ Actress Hwang Jung-eum appeared first on Cryptonews.

Coinbase CEO Brian Armstrong has projected that Bitcoin could reach $1 million by 2030, In an Aug. 20 post on X, Armstrong explained that the improved regulatory environment and increasing government adoption are major drivers that would push the top crypto to the historic milestone. According to him: “Regulatory clarity is finally emerging, the US […] The post Coinbase’s Brian Armstrong envisions $1 million Bitcoin by 2030 appeared first on CryptoSlate.

University of Chicago’s Prophet Arena pits AI models against live prediction markets. Early results suggest machines can match, and sometimes beat, the wisdom of crowds.

Major Asian economies step on the stablecoin throttle, India’s reconsiders punitive crypto tax, and more. Major Asian economies are accelerating their stablecoin initiatives, with notable moves from Japan and China over the past week. Japans top financial regulator is reportedly preparing to approve the countrys first yen-pegged stablecoin within the year. The token, issued by fintech startup JPYC, will be backed by liquid assets such as government bonds.  According to finance outlet Nikkei, JPYC is expected to register as a money-transfer business this month and aims to issue 1 trillion yen (about $6.81 billion) worth of stablecoins over the next three years. Read more

Major Asian economies step on the stablecoin throttle, India’s reconsiders punitive crypto tax, and more. Major Asian economies are accelerating their stablecoin initiatives, with notable moves from Japan and China over the past week. Japans top financial regulator is reportedly preparing to approve the countrys first yen-pegged stablecoin within the year. The token, issued by fintech startup JPYC, will be backed by liquid assets such as government bonds.  According to finance outlet Nikkei, JPYC is expected to register as a money-transfer business this month and aims to issue 1 trillion yen (about $6.81 billion) worth of stablecoins over the next three years. Read more

Anchorage Digital, the first federally chartered digital asset bank, is no longer under an OCC consent order after reaching "compliance."

Allianz declared Bitcoin (BTC) a “credible store of value” in a recent investment report, marking the first time the $2.5 trillion asset manager has endorsed digital assets as a legitimate institutional investment. The report, titled “Bitcoin and Cryptocurrencies: The Future of Finance,” represents a dramatic shift from Allianz’s 2019 policy against Bitcoin investments.  The German […] The post Allianz endorses Bitcoin as a ‘credible store of value,’ shifting from 2019 anti-crypto stance appeared first on CryptoSlate.

ChatGPT predicts that XRP, Solana, and Ethereum may deliver major gains in the months ahead. Recent market highs, U.S. regulatory changes, and growing institutional participation have set the stage for renewed momentum across leading cryptocurrencies and wider investor confidence. The post Latest ChatGPT 5 Predicts XRP, SOL and ETH Prices for End of 2025 appeared first on Cryptonews.

Public companies continue to diversify into altcoins, but with mixed effects on share prices and mixed reception from investors. VERB Technology Company, a Toncoin (TON) acquisition company, said it has accumulated about $713 million in TON and $67 million in cash, totaling over $780 million in assets. The company completed a $558 million private placement in August, sending its share price soaring by more than 200%. A majority of these funds were used to purchase TON, according to Thursday’s announcement. VERB has set a target to capture 5% of the altcoin’s circulating supply, about 128 million tokens, through issuing corporate debt and equity and staking to earn more rewards. Read more

The bill pushed by the representative included a ban on lawmakers and their families from "launching, promoting, or trading in coins where they hold a personal financial interest.” Ben Waxman, a Democrat representing District 182 in Pennsylvania’s House of Representatives, has introduced legislation “to prohibit elected officials from profiting off cryptocurrency while in office.” Waxman introduced HB1812 on Wednesday with eight Democratic co-sponsors in response to what he called “corruption” perpetuated at the federal level by US President Donald Trump. The Pennsylvania lawmaker accused Trump of financially benefiting from crypto projects like his memecoin, Official Trump (TRUMP), and pushing policies to “roll back federal oversight of crypto markets, shielding these schemes from scrutiny.” Read more

Key names like Coinbase, Strategy, and Metaplanet have declined amid a lack of immediate market catalysts.

The commitment, made today by a high-ranking DOJ official, sparked mixed reactions from crypto leaders.

While the overall stablecoin market is up 4% in August, some synthetic stablecoins, such as Sky Dollar and Falcon USD, have had even more substantial gains. Ethena Labs on Thursday said its Ethena protocol has generated more than $500 million in cumulative revenue. Growth in both revenue and the circulating supply of its synthetic stablecoin, Ethena USDe (USDe), has accelerated since July as synthetic stablecoins gain market share. Ethena Labs shared the news via a post on X, saying that in the past week, protocol revenue hit $13.4 million and USDe supply hit an all-time high of $11.7 billion.  “Ethena’s revenue has been driven by strong inflows into USDe and favorable market conditions that have amplified returns from its delta-neutral hedging reserve model,” an Ethena Labs spokesperson told Cointelegraph. “The protocol’s momentum reflects growing demand for and confidence in USDe as a store of value.” Read more

Social engineering scams strike again as a Bitcoin investor loses $91 million. Here's how it went down, according to an on-chain sleuth.

Market sentiment on XRP has flipped, with bears now leading the way. Can XRP regain support, or is it headed back down to $2?

Bitcoin Price Prediction: Winklevoss’ $21M BTC bet, whale shift to ETH, and key $112K support test shape Bitcoin’s next move. Can bulls regain $116K? The post Bitcoin Price Prediction: Winklevoss $21M Bet, Whale Shift, $112K in Focus appeared first on Cryptonews.

Coinbase is listing USD1 from President Trump's World Liberty Financial, letting U.S. users access another stablecoin.

State Street launched its first digital debt securities using JPMorgan’s Digital Debt Service, executing a $100 million commercial paper transaction. According to an Aug. 21 statement, State Street Investment Management purchased the commercial paper for its Short Term Investment Fund.  The debt securities are issued, settled, and serviced using blockchain technology, delivering streamlined institutional market […] The post State Street issues $100M digital debt securities on JPMorgan’s proprietary blockchain appeared first on CryptoSlate.

The bank joins a list of financial services firms that have debuted or are considering stablecoin initiatives.

ChatGPT's XRP Analysis has detailed consolidation at $2.8993 under key EMAs with RSI 41, mixed MACD and light volume, as SWIFT has scheduled live trials for Nov. 2025 on a $150T network, with XRP and HBAR cited as candidates. Scenarios have outlined recovery toward $3.20–$3.40 or extended range. The post ChatGPT’s XRP Analysis Flags Bearish Setup Below EMAs – Eyes on SWIFT’s Integration appeared first on Cryptonews.