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Found 5789 news

  • Ethereum dev detained in Turkey donates to Roman Storm’s defense fund
    Cointelegraph.com - 21:57 Aug 12, 2025
    Federico Carrone, an Ethereum core developer, pledged $500,000 to the Tornado Cash co-founder’s legal fund after being detained in Turkey over alleged links to a privacy protocol. Ethereum core developer Federico Carrone said that he would contribute $500,000 to Roman Storm’s legal fund amid the Tornado Cash co-founder facing a potential retrial in New York. In a Monday X post, Carrone said his experience in Turkey led to the decision to increase his donation to Storm from $50,000 to $500,000. The developer reported that he had been detained by Turkish authorities for about 24 hours over alleged links to an Ethereum privacy protocol. “[A]fter what happened to me, I need to take a clear position,” said Carrone, adding: “I understand that the [Ethereum Foundation] will be matching donations up to another $500K for Roman Storm’s defense, which means our contribution can have double the impact. Our team is currently moving money to execute the transaction.” Read more
  • Grayscale launches two trusts linked to Sui ecosystem protocols
    Cointelegraph.com - 21:34 Aug 12, 2025
    DeepBook and Walrus’s “Winter Walrus” are ranked outside of the top 10 Sui ecosystem protocols, according to DefiLlama. Grayscale announced the launch of two single-asset trusts linked to the Sui ecosystem on Tuesday amid a recent surge in activity on the network. According to an announcement, the two trusts are investment vehicles that provide accredited investors exposure to the native tokens of DeepBook (DEEP) and Walrus (WAL). The move comes almost a year after Grayscale launched its first Sui product. DeepBook is an onchain order book that has reportedly processed over $10 billion in volume. Walrus is a platform that offers programmable data storage. The Walrus Foundation raised $140 million from Standard Crypto and others in March 2025. Read more
  • US prosecutors double down on 10-year sentence for HashFlare co-founders
    Cointelegraph.com - 21:00 Aug 12, 2025
    The two men pleaded guilty to conspiracy to commit wire fraud in February and later received a letter directing them to “self-deport” from the United States. Two Estonian nationals who co-founded the cryptocurrency mining service HashFlare are scheduled to be sentenced on Thursday after pleading guilty to conspiracy to commit wire fraud as part of a plea deal with prosecutors. In a Monday filing, US prosecutors pushed back against many of the claims made by lawyers for HashFlare co-founders Sergei Potapenko and Ivan Turogin in their sentencing recommendation. The two men requested time served, while lawyers representing the US government have asked the judge to sentence them to 10 years in prison, arguing “the harm HashFlare’s victims suffered could not be more real.” Read more
  • Bitcoin holds $118K while ETH, BNB, LINK, UNI aim to extend the altcoin rally
    Cointelegraph.com - 20:45 Aug 12, 2025
    Bitcoin could pick up momentum above $120,000, with ETH, BNB, LINK, and UNI following suit. Key points: Bitcoin finds support at lower levels, but may face strong selling in the $120,000 to $123,218 zone. Net Ether ETF inflows of more than $1 billion on Monday suggest solid institutional demand.  Read more
  • Pantera’s bear market Bitcoin call nails 2025 price, silencing cycle skeptics
    Cointelegraph.com - 20:38 Aug 12, 2025
    Pantera’s Dan Morehead nailed his prediction for Bitcoin’s Aug. 11, 2025 price, made in November 2022 as BTC was nearing its bottom. Pantera Capital’s adherence to the Bitcoin halving cycle enabled it to predict Bitcoin’s price with striking accuracy in 2022, underscoring how the asset’s supply schedule can influence valuations, even as skepticism about the cycles grows. In November of that year, Pantera published a price chart mapping Bitcoin’s (BTC) halving rallies and showing diminishing returns after each four-year epoch. Factoring in the typical timing between market bottoms and post-halving rallies, the firm projected Bitcoin would hit $117,482 by Aug. 11, 2025. On Aug. 11, Bitcoin closed above $119,000, according to Coin Metrics data cited by CNBC. Read more
  • Ether futures open interest hits all-time high as ETH price tops $4.5K — Will it last?
    Cointelegraph.com - 19:56 Aug 12, 2025
    ETH open interest soared to a record high as Ether price rallied through $4,500. Is the rally sustainable? Key takeaways: Ether derivatives data shows weak demand for leveraged bullish positions. Corporations and TradFi favor independent layer-1 chains, challenging Ethereum’s dominance in decentralized finance. Read more
    Tags: Ether
  • Ex-Binance dealmaker joins Hilbert Group to launch tokenized funds platform
    Cointelegraph.com - 19:16 Aug 12, 2025
    Former Binance executive Ryan Horn joins Hilbert Group to advise on Syntetika, an onchain platform for tokenized funds, as global finance races to bring traditional assets to blockchain. Former Binance dealmaker Ryan Horn has joined the advisory board of Hilbert Group, a Sweden-based, publicly listed digital asset manager, to support the rollout of Syntetika, its onchain platform for tokenized assets and funds. At Binance, Horn secured high-profile partnerships, including a deal with football star Cristiano Ronaldo. Hilbert Group manages crypto-focused investment products for institutional and professional investors. Through algorithmic trading strategies, it applies a traditional asset management structure to digital asset markets, including regulated oversight and fund governance. Syntetika, now in development, will issue and trade tokenized funds under regulatory oversight. It will integrate Galactica’s zero-knowledge system to verify users without exposing personal information and give investors tokenized...
  • Roman Storm’s potential retrial pushed back following court extension
    Cointelegraph.com - 18:44 Aug 12, 2025
    After a New York jury found the Tornado Cash co-founder guilty of one of three charges he had been facing, US authorities still have the option of filing for a retrial. Roman Storm’s legal team and US prosecutors have agreed to extend procedural deadlines that could affect retrying the Tornado Cash co-founder on conspiracy to commit money laundering and conspiracy to violate sanctions. In a Monday filing in the US District Court for the Southern District of New York (SDNY), Judge Katherine Failla approved a schedule agreed upon by Storm’s lawyers and the US government that will push the start of any potential retrial. Though prosecutors did not suggest whether they intended to retry Storm on the two felony charges, any scheduling on the matter would likely be pushed to later in 2025 beyond the 70-day deadline following “the conclusion of the initial trial.” Read more
  • Trump’s crypto ventures yield $2.4B since 2022: Report
    Cointelegraph.com - 17:35 Aug 12, 2025
    The $2.4 billion represents roughly 43.5% of the known money Donald Trump has gained from “personal enrichment” during his political career. US President Donald Trump has gained roughly $2.4 billion from his crypto-related ventures since entering the space in 2022, according to estimates from The New Yorker. The gains show a diversification of the Trump family’s crypto income streams and raise new concerns for a Commander-in-Chief overseeing the industry’s regulation in the United States. According to the report, Trump has gained an estimated $14.4 million from his non-fungible tokens (NFT) collections, $412.5 million from token sales via World Liberty Financial, $243 million from crypto deals with the United Arab Emirates, $13 million from Bitcoin (BTC) mining company American Bitcoin, $1.3 billion from BTC treasury company Trump Media and Technology Group, and $385 million from the Official Trump (TRUMP) memecoin. Overall, Trump’s crypto ventures account for 43.5% of the known personal wealth he has accumul...
    Tags: Trump
  • Ethereum hits new multiyear high as Tom Lee's BitMine plans $20B ETH raise
    Cointelegraph.com - 16:06 Aug 12, 2025
    Ether price action targets all-time highs amid excitement over BitMine's giant accumulation plan, shifting the focus away from rangebound Bitcoin. Key points: Ether gains nearly 6% on the day as BitMine ups its ETH accumulation plans to nearly $25 billion. Chairman Tom Lee gets Michael Saylor comparisons as analysis says ETH price action is “defying gravity.” Read more
    Tags: BitMine
  • Skynet 1.0, before judgment day
    Cointelegraph.com - 15:00 Aug 12, 2025
    AI systems are already ignoring shutdown commands. Decentralized audit trails are needed to prevent centralized AI from becoming humanity’s Skynet. Opinion by: Phil Mataras, founder of AR.io  Artificial intelligence in all forms has many positive potential applications. However, current systems are opaque, proprietary and shielded from audit by legal and technical barriers.  Control is increasingly becoming an assumption rather than a guarantee. Read more
    Tags: Skynet
  • Stablecoin laws aren’t aligned — and big fish benefit
    Cointelegraph.com - 14:55 Aug 12, 2025
    Stablecoin laws are popping up all over the globe, but their differences could spell trouble for cross-border crypto projects. Stablecoins have been regulated in different ways across the globe, raising concerns about their viability and possibly putting up barriers for newcomers.  Europe’s framework, Markets in Crypto-Assets (MiCA), varies significantly from the US’s GENIUS Act. Both are distinct from Hong Kong’s own stablecoin rules, which were finalized just two weeks ago. These three regulatory frameworks have provided clear standards for stablecoins. Reserve requirements, issuer licensing and permit schemes now have cut-and-dry conditions, which have undoubtedly made it easier for stablecoins to flourish. Read more
  • Do Kwon pleads guilty to two charges related to his role at Terraform
    Cointelegraph.com - 14:54 Aug 12, 2025
    The Terraform Labs co-founder was indicted in 2023 on nine charges related to the collapse of the ecosystem, resulting in an estimated $40 billion in losses. Terraform Labs co-founder Do Kwon has changed his plea from not guilty to guilty on two counts of wire fraud and conspiracy to defraud. According to reporting on Tuesday from the US District Court in the Southern District of New York (SDNY), Kwon waived his right to go to trial on two of the nine charges he has been facing from the US government and pleaded guilty. The reported plea agreement with prosecutors would impose $19 million in financial penalties. The two felony charges could carry up to a 25-year prison sentence if served consecutively, but the agreement reportedly would have prosecutors not recommend more than 12 years. Kwon’s sentencing hearing was scheduled for Dec. 11. Read more
    Tags: Kwon
  • Scottie Pippen says Michael Saylor warned him about Satoshi chatter
    Cointelegraph.com - 14:30 Aug 12, 2025
    NBA legend Scottie Pippen reveals his friend Michael Saylor advised him to stop talking publicly about his dream conversations with Satoshi. One of the greatest NBA basketball players of all time, Scottie Pippen recently got a stern warning from Strategys executive chairman, Michael Saylor. This wasnt just any ask; its tied to one of the biggest mysteries in Bitcoin. My guy, Michael Saylor, asked me not to speak on my conversations with Satoshi, Pippen tells Magazine. Read more
  • BitMine targets huge $24.5B raise as SharpLink boosts Ether war chest
    Cointelegraph.com - 14:17 Aug 12, 2025
    Corporate Ether buying accelerates as BitMine and SharpLink raise cash, with ETH nearing record highs and institutions targeting a larger share of supply. The corporate Ether acquisition race is accelerating as the world’s two largest Ether treasury firms are raising capital to acquire more of the world’s second-largest cryptocurrency, which is nearing its previous all-time high. Public Bitcoin (BTC) mining firm BitMine Immersion Technology is looking to raise $24.5 billion through a new at-the-market (ATM) stock sale offering to acquire more Ether (ETH) tokens, according to a Tuesday US Securities and Exchange Commission filing. BitMine’s offering comes the same day as corporate crypto treasury firm SharpLink completed a $389 million capital raise from common stock shares sold for select institutional investors, according to another SEC filing. “We intend to contribute substantially all of the cash proceeds that we receive to acquire ETH,” the filing said. Read more
  • Challenges and opportunities for institutional integration of restaking in 2025: Report
    Cointelegraph.com - 14:00 Aug 12, 2025
    Discover the institutional potential of restaking and the path to broader integration. Restaking emerged from the dust and quickly gained traction in late 2023. It is adopted mainly by retail investors, while institutional investors are only beginning to explore this niche. Several factors still hinder the institutional adoption of restaking, which include the lack of standardized risk assessment methods and the operational complexity associated with validator and protocol management. In the recent report, P2P.org, Cointelegraph Research outlines the developmental path of restaking and argues that the eventual institutional integration of restaking products is inevitable despite the uncertainties. The report commences by breaking down the fundamentals of restaking, its core risks and emerging risk-management frameworks. It discusses the evolution of native restaking through distributed validator technology. It also analyzes the challenges institutions face in yield generation today and explores how restaking ...
  • ‘The Fight for Ethereum’s Soul,’ a Cointelegraph documentary
    Cointelegraph.com - 13:52 Aug 12, 2025
    Cointelegraph presents “The Fight for Ethereum’s Soul,” a documentary on the future of the smart contract blockchain protocol. Ethereum went live 10 years ago, bringing programmability and composability to a technological innovation sparked by the advent of Bitcoin in 2009. But what does the future of Ethereum hold? It’s a loaded question that is incredibly difficult to answer given the complexity and decentralized nature of the world’s pioneering smart-contract blockchain protocol. Cointelegraph recently traveled to EthCC in Cannes to speak to the brightest minds in the Ethereum community about its current state and the future of the protocol amid the rise of highly competitive next-generation layer-1 blockchains. These conversations formed the backbone of Cointelegraph’s latest mini-documentary: “The Fight for Ethereum’s Soul.” Read more
  • New crypto whale buys $1.3B of Ether ahead of US inflation reports
    Cointelegraph.com - 13:42 Aug 12, 2025
    The new whale’s investments came amid record-breaking Ether ETF inflows, which may help Ether recapture its old all-time high, market watchers told Cointelegraph. A new cryptocurrency whale has purchased $1.34 billion worth of Ether in the past eight days, outpacing record US spot Ether ETF inflows and fueling speculation over the token’s price trajectory ahead of key US inflation data. The whale acquired 312,052 Ether (ETH) across 10 newly created cryptocurrency wallets, according to crypto intelligence platform Lookonchain. The whale has acquired $300 million more than the record-breaking inflows to US spot Ether exchange-traded funds (ETFs), which amassed $1 billion worth of Ether on Monday, their largest daily net inflows since launch. Read more
    Tags: Ether
  • How to use ChatGPT to predict altcoin pumps before they happen
    Cointelegraph.com - 13:35 Aug 12, 2025
    This guide shows how to turn ChatGPT into your warning system for altcoin pumps, using smart prompts, trend tracking and risk filters to stay ahead of the curve. By analyzing fundamentals, social sentiment and historical patterns, ChatGPT can help identify altcoins with upside potential before momentum kicks in. Well-crafted prompts let ChatGPT act like a crypto assistant, generating watchlists, scanning social buzz and flagging tokens with real growth potential. Use ChatGPT alongside platforms like CoinGecko, LunarCrush or DEXTools to validate insights, track volume and catch early community signals. Read more
    Tags: ChatGPT
  • Hex Trust adds institutional custody for tokenized uranium
    Cointelegraph.com - 13:29 Aug 12, 2025
    Hex Trust has integrated Tezos-based Etherlink to offer institutional custody for xU3O8, a tokenized uranium asset listed on multiple exchanges. Digital asset custody firm Hex Trust has integrated Etherlink, the Ethereum Virtual Machine (EVM)-compatible layer 2 built on Tezos, to add institutional custody for xU3O8, a tokenized uranium asset issued on the network. The integration is backed by Trilitech, the research and development (R&D) adoption hub for Tezos and developer of Etherlink, which is working with Hex Trust to connect institutional clients to xU3O8 and other Etherlink-based assets, according to a Tuesday announcement shared with Cointelegraph. “Tokenized commodities like uranium are gaining institutional interest as more real-world assets move onchain,” said Giorgia Pellizzari, head of custody at Hex Trust. Read more

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