Crypto

The shift points to a staking ecosystem that is maturing. For Ethereum, this diversification may be a sign of improved blockchain health.

On-chain stock trading today is inferior to traditional markets. But we can bet advantages will emerge before too long, says EY’s Paul Brody.

Vitalik Buterin endorses AI doomer book, ChatGPT dietary advice sends man insane, and the funniest thing every written by an AI. AI Eye. OpenAIs Sam Altman has been talking GPT-5 up as a quantum leap in intelligence for so long, that it was almost inevitable its release would be something of a disappointment. While its not quite New Coke level bad, its not the reception theyd hoped for. Social media was immediately flooded with GPT-5 (apparently) giving very stupid answers, including obvious logic flaws, stating that 9.11 is greater than 9.9 and following patterns to the incorrect conclusions. OpenAIs odds on Polymarket for having the best model by end of August plunged from 75% to just 8% in the aftermath, though its climbed back to 24% since.  Read more

The cryptographic math once dismissed as fringe is now shaping US policy and bank infrastructure. StarkWare’s Eli Ben-Sasson said it’s only the beginning. A technology once confined to academic papers is now being called out in US government reports and powering the settlement systems of global banks. Zero-knowledge proofs (ZK-proofs) are cryptographic methods to verify data without revealing it, and they are quietly becoming the gold standard for blockchain security. On the latest Clear Crypto Podcast, StarkWare co-founder Eli Ben-Sasson sits down with hosts Nathan Jeffay and Gareth Jenkinson to explain why this once-niche math is “100%… the endgame for scaling the financial world.” That confidence comes as zero-knowledge proofs move from cryptographic curiosity to a linchpin of mainstream blockchain adoption. Read more

Vitalik Buterin endorses AI doomer book, ChatGPT dietary advice sends man insane, and the funniest thing every written by an AI. AI Eye. OpenAIs Sam Altman has been talking GPT-5 up as a quantum leap in intelligence for so long, that it was almost inevitable its release would be something of a disappointment. While its not quite New Coke level bad, its not the reception theyd hoped for. Social media was immediately flooded with GPT-5 (apparently) giving very stupid answers, including obvious logic flaws, stating that 9.11 is greater than 9.9 and following patterns to the incorrect conclusions. OpenAIs odds on Polymarket for having the best model by end of August plunged from 75% to just 8% in the aftermath, though its climbed back to 24% since.  Read more

Institutional adoption, FX settlement and cross-border flows are expected to drive stablecoin growth, a report by Keyrock and Bitso said.

Bitcoin’s price experienced a sharp pullback on Aug. 14, dropping below $120,000 less than a day after reaching a new all-time high above $124,000. According to CryptoSlate data, BTC fell to $118,479 at press time, marking a 2.07% decline on the 1-hour candle and 5% from its 24-hour peak. The sudden dip rippled across the […] The post Bitcoin’s 5% flash crash to $118k triggers $577 million liquidation in 1 hour appeared first on CryptoSlate.

Lost your seed phrase or crypto wallet password in 2025? You’re not alone. Recovery might still be possible. If you’ve lost access to a non-custodial wallet but still have the seed phrase, funds can be restored by importing the wallet and setting a new password. Custodial wallets can often be recovered through standard email-based password resets and identity verification processes. Losing both the password and seed phrase for a non-custodial wallet usually means permanent loss of access to the crypto wallet. Read more

Bitcoin fell below $119,000 on Thursday after US Treasury Secretary Scott Bessent said the government will not make new BTC purchases to fund a Bitcoin reserve. Bitcoin dropped below a key support level Thursday after US Treasury Secretary Scott Bessent said the government had no plans to make additional purchases of Bitcoin for its strategic reserve and separate digital asset stockpile. Bitcoin (BTC) fell below the $120,000 psychological support level and traded at $118,730 at the time of writing, hours after hitting an all-time high of $124,457 earlier on Thursday, Cointelegraph data showed. The decline followed Bessent’s comments in an interview with Fox Business, where he confirmed the government would not buy more Bitcoin. Read more

Ether outperformed last month as volumes, ETF flows hit records, the report said.

Strategy (formerly MicroStrategy) and El Salvador showcased huge paper gains from their Bitcoin holdings after the flagship crypto surged to a new all-time high above $124,000. Strategy’s Bitcoin holdings reach ATH On Aug. 13, Strategy Chairman Michael Saylor announced that the company’s Bitcoin portfolio had reached a record high of $77.2 billion. This nearly doubles […] The post Strategy and El Salvador saw massive gains as Bitcoin hit new peak appeared first on CryptoSlate.

Most AI startups are just prompt arbitrage built on rented compute. By 2027, platform landlords will crush 70% of them. Only decentralized AI will survive. Opinion by: Ahmad Shadid, founder of O.xyz and co-founder of IO.ne Not a single week passes by without a new artificial intelligence startup coming out of stealth.  With a slick interface, clever prompts and an OpenAI key powering the back-end, these ventures often boast seed valuations that make even a veteran chip designer blush. Read more

Stellar (XLM) joined Uniswap (UNI) as an underperformer, shedding 6% from Wednesday.

BtcTurk halted deposits and withdrawals, citing a “technical issue” with hot wallets, while trading and local currency withdrawals and deposits remained active. Turkish cryptocurrency exchange BtcTurk has halted withdrawals amid reports suggesting that the platform has suffered a major loss of funds due to a hack. Cybersecurity firm Cyvers took to X on Thursday to report that it had detected $48 million worth of digital assets, including Ether (ETH), involved in unusual activity. “Our system detected multiple alerts across ETH, AVAX, ARB, BASE, OP, MANTLE and MATIC networks,” Cyvers reported, adding that the attacker had moved the assets to two addresses and begun swapping them. Read more

Framework Ventures leads Series A for GPU-collateralized stablecoin protocol USD.AI

The Dinari Financial Network will serve as a coordination layer for tokenized equities, with a group of institutions such as VanEck, BitGo and Gemini operating validators.

Gemini users can now access Web3 and DeFi ecosystems with social recovery, gas sponsorship, and integrated trading support.

Inflation at wholesale level in the U.S. in July sped up far beyond economist forecasts, calling into question expectations for lower interest rates.

Bitcoin spot exchange-traded funds are on pace to hold more than 1.5 million BTC by year-end if current inflow rates persist, according to holdings data tracked by WalletPilot. This would allocate more BTC to ETFs than most estimates for lost coins, which stand around 1.4 million BTC. U.S. spot ETFs collectively hold about 1.296 million […] The post Bitcoin ETFs to lock up 1.5 million BTC by New Year as supply squeeze tightens grip appeared first on CryptoSlate.

Blockchain sleuths flagged suspicious multi-chain transfers from the Turkish exchange, prompting a suspension of deposits and withdrawals.