Crypto

The Minneapolis-based firm's ether holdings sit at 521,939 ETH as of its latest purchases.

NEAR Protocol surged 5% in a 24-hour rally before late-session volatility erased gains, as institutional flows met resistance amid shifting macroeconomic conditions.

A 7-second clip showing GPT-4o morphing into GPT-5 has the AI community losing its collective mind. Here’s what to expect.

Bitcoin’s ascent to its all-time high unfolded against a very unusual backdrop: steadily compressing volatility. While most markets tend to exhibit rising implied volatility as prices push higher, Bitcoin has done the opposite, especially in recent months. This behavior is perfectly captured by the Bitcoin Volatility Index (BVIV), a metric that tracks the implied volatility […] The post Record compression in implied volatility sets up next big move for Bitcoin appeared first on CryptoSlate.

ETH leads majors, Tom Lee calls for $16k price target. US set to allow crypto in 401k plans. ETH daily transactions near record. Sell Gold, Buy BTC: Lummis. Indonesia evaluates BTC reserve. Tornado dev found guilty of 1 out of 3 charges. US adds 21.6% tariff on BTC mining machines. Parataxis launches $640m BTC treasury strategy. Bakkt to setup Japanese BTC treasury company. Cosmos Health launches $300m ETH treasury. StanChart favours ETH treasury stocks over ETFs. Union Jack Oil to deploy BTC mining facilities. Sheetz offering discounts on crypto payments. AAVE hit by phishing attack. Nomura to launch crypto options in Dubai. Court orders WazirX to disclose Binance agreement

India’s tax authorities have uncovered nearly 630 crore rupees (approximately $72 million) in undisclosed income from crypto-related transactions, according to an Aug. 5 disclosure by Pankaj Chaudhary, the Minister of State for Finance. The minister, citing figures from the Central Board of Direct Taxes (CBDT), stated that the numbers reflect discrepancies in tax filings tied […] The post India finds $72 million in hidden crypto income as tax compliance tightens appeared first on CryptoSlate.

The recent price rally is likely tied to a broader market trend, with growing expectations of a Federal Reserve interest rate cut in September.

Paxos worked with Binance to issue Binance USD, but didn't do sufficient due diligence, New York's top financial regulator said.

Polkadot rallied on triple the normal volume as institutional buyers drove momentum.

With crypto scams hitting $9.9 billion in 2024 and 90% of UK crypto apps failing AML checks, the industry needs data sharing to combat fraud. Opinion by: Mike Haley, CEO of Cifas While the crypto industry is revolutionizing the world of finance, there’s an underlying reality bubbling beneath the surface. Hitting record levels, cryptocurrency scams reportedly accounted for $9.9 billion in 2024 — with 2025’s forecast making for even bleaker reading. Whether in the form of “old wine in new bottles” frauds — such as Ponzi and pump-and-dump schemes or new crypto-specific fraud typologies like address poisoning — the global fraud epidemic is hitting the industry hard and undermining consumer confidence. Read more

ETFs, IPOs, and stablecoins are accelerating crypto’s flywheel effect. Learn how these forces fuel growth — and where the slowdown could start.

Bitcoin bounces back as traders highlight the next BTC price targets and resistance levels — can bulls take control? Key points: Bitcoin bulls keep momentum intact at the Wall Street open, with $117,000 and higher on the radar. Order-book liquidity shows shorts getting liquidated, with fresh liquidity being added higher. Read more

SharpLink Gaming has completed a $200 million direct offering priced at $19.50 per share, backed by four institutional investors. Proceeds will grow its ETH treasury beyond $2 billion, reinforcing its accumulate-and-stake approach and signalling rising corporate confidence in Ethereum. The post SharpLink Secures $200M to Double Down on ETH Strategy – Institutions Buying ETH? appeared first on Cryptonews.

In addition to the fine, Paxos agreed to invest another $22 million into beefing up its compliance program.

The New York Department of Financial Services (NYDFS) said the fine was due to a lack of anti-money laundering oversight. Update Aug. 7, 21:06 UTC: This article has been updated to add a response from Paxos. The New York Department of Financial Services (NYDFS) reached a $48.5 million settlement with crypto infrastructure company Paxos over its partnership with Binance and alleged failure to uphold sufficient anti-money laundering provisions. Paxos agreed to pay New York state a $26.5 million penalty and will spend an additional $22 million to overhaul its compliance program, according to Thursday’s announcement.  Read more

In 2025, cloud mining and crypto staking offer distinct passive income paths. In 2025, cloud mining and crypto staking are often mentioned in the same sentence when talking about passive crypto income, yet they represent two very different paths to earning. Cloud mining involves renting remote Bitcoin mining hardware, while staking means locking tokens to validate proof‑of‑stake networks. On trusted platforms like ECOS or MiningToken, cloud mining ROI in 2025 averages 5%-10% APR, though riskier schemes (especially XRP‑linked) still dangle unrealistic promises of 100%-800% APR.  Read more

Fifty-one days in and Spencer’s attempts to engineer a turnaround for Moonbirds has already seen the floor price quadruple to 2.36 ETH. Moonbirds are back. The once maligned project that still ranks in the top 10 for all-time trade volume at 356,000 ETH has skyrocketed back up the NFT charts to 2.36 ETH, quadrupling its floor price in the past month.  But its definitely spent some time in the wilderness due to multiple ownership changes, directionless plans and waning community sentiment. The NFT project had one of the most highly anticipated mints ever in April 2022, and with prices once again soaring and momentum building, much of the renewed optimism centers around one name: Spencer. Known simply as Spencer on X, the new owner of Moonbirds is no stranger to NFTs hes a prolific collector and head of Spencer Ventures, an institutional-grade NFT fund. Read more

Ripple has acquired Rail to offer stablecoin payment services, with plans to integrate RLUSD, banking partners and compliance tools across global markets. Ripple announced Thursday that it will acquire stablecoin-powered payments platform Rail for $200 million, with the deal expected to close in the fourth quarter of 2025. The company said the move aims to expand its enterprise-grade digital asset infrastructure and “deliver the most comprehensive stablecoin payments solution available in the market.” Ripple expects the acquisition to enable it to offer stablecoin on- and off-ramps without requiring customers to hold cryptocurrency, and to facilitate customers in managing multiple payment types on behalf of themselves and their internal treasury flows. Read more

Ripple is doubling down on its ambitions in the stablecoin payments space with the acquisition of Rail, a global settlement platform known for its speed and enterprise-grade automation. The deal, valued at $200 million, was announced on Aug. 7 and is expected to close in the fourth quarter of 2025. Meanwhile, it is still subject […] The post Ripple boosts stablecoin payments clout with $200 million Rail acquisition appeared first on CryptoSlate.

The acquisition follows Ripple’s application for a banking license in July.