CryptoSlate

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Found 2228 news

  • CoinDesk Data: TRON Surpasses $600B in Monthly Stablecoin Transfers
    CryptoSlate - 22:11 Aug 08, 2025
    Geneva, Switzerland – August 8, 2025 – CoinDesk Data, the institutional research and analytics arm of CoinDesk, a leading media outlet in the cryptocurrency and blockchain industry, has published a comprehensive protocol report on TRON. The report offers a detailed analysis of TRON’s performance in the first half of 2025, highlighting its continued leadership in […] The post CoinDesk Data: TRON Surpasses $600B in Monthly Stablecoin Transfers appeared first on CryptoSlate.
    Tags: Monthly Stablecoin Transfers TRON Surpasses CoinDesk Data
  • Ripple’s RLUSD stablecoin hits $600M supply milestone in July
    CryptoSlate - 21:15 Aug 08, 2025
    Ripple’s stablecoin RLUSD grew 32.3% in supply between June and July, surpassing $600 million. This was the second most significant growth in supply among stablecoins with over $500 million in supply growth, lagging only Ethena Labs’ USDe, which grew 63.4% in the same period. RLUSD has been in a strong growth trend since May, nearly […] The post Ripple’s RLUSD stablecoin hits $600M supply milestone in July appeared first on CryptoSlate.
    Tags: Ripple RLUSD July
  • Majority of America’s top 25 banks now signal crypto plans
    CryptoSlate - 20:30 Aug 08, 2025
    Over half of the 25 largest US banks are now weighing or rolling out crypto-related products. An Aug. 8 status chart shared by River that tracks the giants across two lanes, custody and trading.  The snapshot shows multiple firms moving from “not yet” to “exploring,” “announced,” or restricted access for high-net-worth clients, indicating that digital […] The post Majority of America’s top 25 banks now signal crypto plans appeared first on CryptoSlate.
    Tags: America Majority
  • Ethereum rallies above $4,000 following blistering 50% surge in a month
    CryptoSlate - 19:45 Aug 08, 2025
    Ethereum (ETH) surged past the $4,000 mark on Aug. 8, hitting its highest level this year after a sustained market rally that saw it gain nearly 50% in the past month. Data from CryptoSlate shows the asset peaked at $4,047 during US trading hours. Notably, the last time ETH traded above $4,000 was in December […] The post Ethereum rallies above $4,000 following blistering 50% surge in a month appeared first on CryptoSlate.
    Tags: Ethereum
  • Nasdaq-listed Verb secures $558M in funding for TON treasury, initiates rebrand
    CryptoSlate - 18:54 Aug 08, 2025
    Nasdaq-listed Verb Technology has raised $558 million in a private placement to establish the first publicly listed company dedicated to holding Toncoin (TON) as a treasury reserve asset. The financing round, which was upsized and oversubscribed, was led by Kingsway Capital and drew participation from over 110 institutional and crypto-native investors. Notable backers include Vy […] The post Nasdaq-listed Verb secures $558M in funding for TON treasury, initiates rebrand appeared first on CryptoSlate.
    Tags: Nasdaq-listed Verb
  • Stablecoin to settle $5 trillion and challenge SWIFT in 2026 amid $3.3T July volume
    CryptoSlate - 15:51 Aug 08, 2025
    Stablecoin rails are on pace to challenge incumbent cross-border networks by 2026, as monthly on-chain dollar settlement already runs in the trillions and merchant access widens through mainstream processors. Per RWA.xyz’s live dashboard, stablecoins moved about $3.3 trillion on chain in July, with roughly 39.7 million monthly active addresses, while total stablecoin value sits near […] The post Stablecoin to settle $5 trillion and challenge SWIFT in 2026 amid $3.3T July volume appeared first on CryptoSlate.
    Tags: Swift July Stablecoin
  • Panama City mayor backs Bitcoin discounts for Panama Canal fees
    CryptoSlate - 13:30 Aug 08, 2025
    Panama City Mayor Mayer Mizrachi has expressed strong support for a proposal that would allow ships to pay reduced Panama Canal fees if they settle in Bitcoin. In an Aug. 7 post on X, Mizrachi described the idea as “brilliant” and expressed hope that the Panama Canal Authority would adopt it. Max Keiser, an advisor […] The post Panama City mayor backs Bitcoin discounts for Panama Canal fees appeared first on CryptoSlate.
    Tags: Panama City Bitcoin Panama Canal
  • Trump signs executive order to end banking discrimination against crypto industry
    CryptoSlate - 22:12 Aug 07, 2025
    President Donald Trump signed an executive order on Aug. 7 to halt what his administration called discriminatory banking practices against the crypto industry. The order bars federal regulators from using “reputational risk” as justification to influence banks’ decisions about working with legal businesses. According to the administration, the digital asset sector has been disproportionately affected […] The post Trump signs executive order to end banking discrimination against crypto industry appeared first on CryptoSlate.
    Tags: Trump
  • Chainlink launches on-chain strategic LINK reserve to boost long-term network saustainability
    CryptoSlate - 21:15 Aug 07, 2025
    Chainlink has introduced the Chainlink Reserve, a new onchain treasury designed to accumulate its native token LINK using revenue from both enterprise clients and blockchain services. The initiative aims to support the long-term sustainability of the Chainlink Network by converting off-chain and on-chain payments into LINK through its recently expanded Payment Abstraction infrastructure. In its […] The post Chainlink launches on-chain strategic LINK reserve to boost long-term network saustainability appeared first on CryptoSlate.
    Tags: Chainlink Link
  • NFTs stage comeback with $530M in July trades, flipping DeFi user activity
    CryptoSlate - 21:00 Aug 07, 2025
    The NFT market saw a remarkable resurgence in July, outpacing DeFi in terms of user activity, according to an Aug. 7 DappRadar report. The shift marks a significant milestone and could indicate that NFTs are once again capturing the public’s attention following significant lull that has lasted since their fall in the 2022 bear market. […] The post NFTs stage comeback with $530M in July trades, flipping DeFi user activity appeared first on CryptoSlate.
    Tags: NFTs DeFi July
  • UK-based Union Jack Oil turns to Bitcoin mining amid rising network difficulty
    CryptoSlate - 19:31 Aug 07, 2025
    Union Jack Oil (UJO), a UK-listed oil and gas firm, is exploring a new path to monetize its gas resources by turning to Bitcoin mining, per an Aug. 7 statement. According to the firm, the move is focused on harnessing the natural gas from its West Newton site in East Yorkshire to generate electricity for […] The post UK-based Union Jack Oil turns to Bitcoin mining amid rising network difficulty appeared first on CryptoSlate.
    Tags: Bitcoin UK-based Union Jack Oil
  • SharpLink raises another $200M to push Ethereum holdings beyond $2B
    CryptoSlate - 18:33 Aug 07, 2025
    SharpLink Gaming has raised $200 million from institutional investors in a direct stock offering to further fuel its Ethereum (ETH) buying spree and take its holdings beyond $2 billion. The funding round, expected to close Aug. 8, was priced at $19.50 per share and led by A.G.P./Alliance Global Partners. Societe Generale acted as co-placement agent, […] The post SharpLink raises another $200M to push Ethereum holdings beyond $2B appeared first on CryptoSlate.
    Tags: Ethereum SharpLink
  • New York fines Paxos $48.5M over Binance-linked compliance lapses
    CryptoSlate - 17:45 Aug 07, 2025
    The New York Department of Financial Services (NYDFS) has imposed a $48.5 million penalty on Paxos as part of its enforcement action against the stablecoin issuer, according to an Aug. 7 announcement. The settlement includes a $26.5 million civil monetary fine and mandates Paxos to spend an additional $22 million over three years to strengthen […] The post New York fines Paxos $48.5M over Binance-linked compliance lapses appeared first on CryptoSlate.
    Tags: New York Binance-linked Paxos
  • Fake Ethereum trading bots on YouTube help scammers steal over $900K
    CryptoSlate - 16:53 Aug 07, 2025
    Cybersecurity firm SentinelLABS has uncovered a sophisticated scam campaign that has siphoned over $900,000 from unsuspecting crypto users. According to the report, the attackers use malicious Ethereum-based smart contracts disguised as trading bots to target individuals who follow seemingly educational content on YouTube. The report added that these scams have been active since early 2024 […] The post Fake Ethereum trading bots on YouTube help scammers steal over $900K appeared first on CryptoSlate.
    Tags: Fake Ethereum YouTube
  • Record compression in implied volatility sets up next big move for Bitcoin
    CryptoSlate - 15:43 Aug 07, 2025
    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.
    Tags: Bitcoin Record
  • India finds $72 million in hidden crypto income as tax compliance tightens
    CryptoSlate - 15:18 Aug 07, 2025
    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.
    Tags: India
  • Ripple boosts stablecoin payments clout with $200 million Rail acquisition
    CryptoSlate - 14:19 Aug 07, 2025
    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.
    Tags: Rail Ripple
  • Galaxy’s Alex Thorn calls Ethereum L2s ‘ETH extractive’ amid fee retention concerns
    CryptoSlate - 22:00 Aug 06, 2025
    Galaxy head of research Alex Thorn criticized the business model of many Ethereum (ETH) layer-2 (L2) blockchains as “ETH extractive.” In an Aug. 6 social media post, Thorn argued that L2 networks retain most of the fee revenue while contributing relatively little back to the Ethereum L1.  Thorn added that most L2s are controlled by single […] The post Galaxy’s Alex Thorn calls Ethereum L2s ‘ETH extractive’ amid fee retention concerns appeared first on CryptoSlate.
    Tags: Galaxy Alex Thorn Ethereum
  • Nomura’s Laser Digital secures regulatory greenlight to launch OTC desk for crypto options in UAE
    CryptoSlate - 20:54 Aug 06, 2025
    Laser Digital, a digital asset subsidiary of Japanese banking giant Nomura, has secured the first limited license to offer over-the-counter crypto derivatives under the Virtual Asset Regulatory Authority’s (VARA) Pilot Regime, the company announced Wednesday. Laser Digital is the first firm authorized to provide institutional-grade crypto options directly to clients under the VARA framework, marking […] The post Nomura’s Laser Digital secures regulatory greenlight to launch OTC desk for crypto options in UAE appeared first on CryptoSlate.
    Tags: Nomura Laser Digital
  • Bitcoin settles into $110k–$116k ‘air gap’ as market awaits fresh demand
    CryptoSlate - 19:40 Aug 06, 2025
    Bitcoin (BTC) is consolidating in a thin-liquidity “air gap” between $110,000 and $116,000 as the market waits for new demand to establish a firm base. According to an Aug. 6 report by Glassnode, BTC’s price pulled back to $113,000 after setting a new all-time high above $123,000 in mid-July. This price movement left many recent […] The post Bitcoin settles into $110k–$116k ‘air gap’ as market awaits fresh demand appeared first on CryptoSlate.
    Tags: Bitcoin

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