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Draining volume has dropped from 2024, but a new scam service tool called Vanilla has been turning investigators’ heads with $5 million stolen in three weeks. A blockchain investigator has attributed at least $5.27 million in crypto stolen over three weeks to a rising scam service known as Vanilla Drainer. Drainers are entities that provide scam software to fraudsters, often paired with phishing tactics to access victims’ funds. Vanilla is part of a new generation of these groups and has largely flown under the radar, but recent high-value thefts have drawn attention from blockchain sleuths. Draining scams peaked in 2024, when victims lost almost $500 million to top services, such as Angel, Inferno and Pink, according to Scam Sniffer. Draining still occurs frequently, though volumes have dropped due to new security technologies. However, blockchain investigator Darkbit warns that drainers are adapting. Read more
Before investing in any cryptocurrency, it’s crucial to do your homework. That’s where you can use ChatGPT to help break down coins, analyze risks and make smarter decisions. ChatGPT helps simplify complex crypto projects by summarizing white papers, explaining use cases and breaking down tokenomics. Researching the team, partnerships and security risks is crucial before investing in any crypto token. Comparing projects with competitors highlights strengths and weaknesses for better decision-making. Read more
Michael Saylor’s Strategy announced a $356.9 million Bitcoin purchase last week, bringing total BTC buys in August to just 3,666 BTC. Michael Saylor’s Strategy, the world’s largest public Bitcoin holder, added more BTC to its balance as the price tumbled to $112,000 last week. Strategy acquired 3,081 Bitcoin (BTC) for $356.9 million during the week ending Sunday, according to a US Securities and Exchange Commission filing on Monday. Saylor’s business intelligence software company purchased its latest Bitcoin batch at an average price of $115,829 per coin, as BTC started the week at around $116,700 and slipped to $112,000 on Thursday, according to CoinGecko. Read more
Japan’s Finance Minister Katsunobu Kato said crypto deserves a spot in portfolios, while pledging to build a sound trading environment for the sector. Japan’s Finance Minister Katsunobu Kato recognized that cryptocurrencies deserve a place in diversified investment portfolios. According to a Monday Bloomberg Japan report, Kato acknowledged the role of cryptocurrencies in a diversified investment portfolio during a speech. He was addressing the public from the stage during his keynote at Web3 Conference WebX 2025 in Tokyo. “While crypto assets carry the risk of high volatility, by establishing a proper investment environment, they can become an option for diversified investment,” Kato said. Read more
Bitcoin leveraged positions grew over the past 24 hours, and many of these late longs have been wiped out as the BTC price dropped below $112,000. Key takeaways: Bitcoin price is down 11% from its all-time high, dropping to $111,000 on Monday. $108,000 is a short-term target for the bears, with some BTC analysts predicting a drop to $95,000. Read more
The Avalanche ETF filing marks another step in Grayscale’s expanding suite of crypto investment products, following XRP and DOGE filings earlier this year. Major cryptocurrency investment company Grayscale Investments filed an S-1 with the US Securities and Exchange Commission (SEC) to launch a spot Avalanche (AVAX) exchange-traded fund (ETF). Grayscale filed with the SEC on Friday to convert its existing Avalanche Trust into a publicly traded ETF, according to a registration statement released on Monday. The proposed fund uses the same wording as the underlying ticker of the Avalanche (AVAX) cryptocurrency. It is designed to provide investors with direct exposure to the asset through traditional brokerage accounts. Read more
The heir to the Thomson Reuters fortune is suing her former best friend after a psychic’s recommendation led to massive crypto bets costing millions. Billionaire heiress Taylor Thomson reportedly lost over $80 million in digital assets after following investment advice linked to a psychic. According to a Wall Street Journal (WSJ) report on Monday, Thomson, who’s part of the family behind the media and financial giant Thomson Reuters, invested millions in crypto assets with the help of her former best friend, Ashley Richardson. The move came after both women reportedly consulted a celebrity psychic and other spiritual advisers. Richardson became deeply involved in Thomson’s crypto portfolio. During the 2021 bull run, Richardson reportedly managed over $140 million in crypto for Thomson across multiple wallets. Read more
The whale locked in $33 million worth of profit from Ether long opened last week, after selling $2.6 billion worth of Bitcoin held for over seven years. A multi-billionaire Bitcoin whale is closing his recently opened Ether long positions and buying hundreds of millions worth of spot Ether, signaling that big investors are expecting more upside from the world’s second-largest cryptocurrency. Last week, a Bitcoin whale worth over $11 billion sold 22,769 Bitcoin (BTC) worth $2.59 billion, rotating the funds into 472,920 spot Ether (ETH) or $2.2 billion and a $577 million Ether perpetual long position on the decentralized exchange Hyperliquid, Cointelegraph reported. On Monday, the whale closed $450 million worth of his perpetual long position at an average Ether price of $4,735, to lock in $33 million worth of profit, before acquiring another $108 million worth of spot Ether, according to blockchain intelligence platform Lookonchain. Read more
XRP price failed to decisively break above the $3 psychological resistance in the past week, but most analysts are confident about a breakout soon. Key takeaways: XRP bulls are targeting $4.40–$5.80 if $2.95 support holds. Losing $2.95 risks a deeper correction toward $2.40. Read more
Bitcoin dives to multi-week lows, and as talk of all-time highs vanishes, BTC price targets include a retest of $100,000 and under. Bitcoin (BTC) starts the last week of August far from all-time highs as traders become increasingly nervous. A huge long liquidation event brought $110,000 back into play as a new CME gap becomes a hope for bulls. Bitcoin whales are under scrutiny after a giant rotation from BTC into ETH. Read more
The trader claimed to have outperformed MEXC’s external market makers and been sidelined for being “too profitable.” Update Aug. 25, 1:25 p.m. UTC: This article has been updated to include a response from a MEXC spokesperson. A cryptocurrency trader launched a $2 million social media pressure campaign against MEXC, claiming that the digital asset exchange had frozen more than $3 million worth of his personal funds for no clear reason. In July 2025, centralized cryptocurrency exchange (CEX) MEXC allegedly froze $3.1 million worth of personal funds without any terms of service violations, according to pseudonymous crypto trader the White Whale. Read more
Crypto giants Galaxy, Multicoin and Jump are seeking to raise $1 billion for a Solana treasury, with Cantor Fitzgerald as their lead banker. Update Aug. 25, 9:01 am UTC: This article has been updated to add more details about the current largest corporate SOL treasuries. Digital asset companies Galaxy Digital, Multicoin Capital and Jump Crypto are reportedly working to raise $1 billion to buy Solana. A Bloomberg report citing anonymous sources said on Monday that the three companies are looking to form the largest treasury dedicated to Solana (SOL). It added that the three companies have tapped Cantor Fitzgerald as lead banker. Read more
US investors can now include Bitcoin in their 401(k) plans, but some observers are concerned about the risks they pose to their retirement. US President Donald Trump signed an executive order on Aug. 7, allowing crypto in 401(k) retirement plans. The crypto industry has called the move a win for adoption, but investment professionals warn it comes with significant risk. The order “Democratizing Access to Alternative Assets for 401(k) Investors” directed US financial regulators to expand access to crypto and private companies in 401(k) plans. The 401(k) employee-sponsored investment scheme is one of the most popular retirement plans in the US. As of 2024, 401(k) plans held $8.9 trillion in assets. As such, it would represent a huge source of demand for cryptocurrencies and could send prices skyrocketing. Read more
The community for the cross-blockchain platform Stargate has greenlit LayerZero’s $110 million acquisition, despite interest from three other rivals. Blockchain messaging protocol LayerZero has won the bid to acquire crypto protocol Stargate after a shaky first offer and a late four-way bidding war. Stargate’s community voted on Sunday with a 95% majority to greenlight the LayerZero Foundation’s $110 million acquisition proposal, which it amended after holders of the Stargate (STG) token said the original deal was unfair. Three of LayerZero’s rivals also put in last-minute bids or intent-to-bids to acquire Stargate, with one bidder, Wormhole, unsuccessfully asking for the vote on LayerZero’s acquisition to be paused. Read more
Durov said French law enforcement officials are still "struggling" to find evidence of wrongdoing even one year on from his arrest in 2024. Pavel Durov, founder of the messaging application Telegram, provided an update regarding his ongoing case in France, and said the criminal investigation against him is “struggling” to find any evidence of wrongdoing. Durov said his arrest by French authorities in August 2024 was “unprecedented” and added that holding a tech executive accountable for the actions of independent users was “legally and logically absurd,” in a Telegram post on Sunday. Durov added: “One year after this strange arrest, I still have to return to France every 14 days, with no appeal date in sight,” he continued, while also warning that the French government has done irreparable damage to France’s image as a free country. Read more
The inclusion of Metaplanet in these stock indices will funnel passive capital flows into the Bitcoin market, supporting BTC floor prices. Metaplanet, a Bitcoin (BTC) treasury company, has been upgraded from a small-cap to a mid-cap stock in index provider FTSE Russell’s September 2025 Semi-Annual Review, bumping it up for inclusion in the flagship FTSE Japan Index. The index provider updates and rebalances the indices quarterly, and following Metaplanet’s strong Q2 performance, added it to the FTSE Japan Index, a stock market index of mid-cap and large-cap companies listed on Japanese exchanges. Metaplanet’s inclusion in the FTSE Japan Index means it is automatically added to the FTSE All-World Index of the largest publicly-listed companies by market capitalization in each geographic region. Read more
Strategy continues accumulating Bitcoin for its corporate treasury despite a fall in share prices from the peak reached in November 2024. Strategy co-founder Michael Saylor signaled an impending Bitcoin (BTC) purchase, and, if completed, the transaction will mark the company’s third BTC acquisition in August. The company’s most recent Bitcoin buy occurred on August 18, when Strategy purchased 430 BTC for $51.4 million, bringing its total holdings to 629,376 BTC, valued at over $72 billion at the time of this writing. Data from SaylorTracker shows Strategy is up over 56% on its BTC investment, representing over $25.8 billion in unrealized gains at current prices. Read more
Bitcoin whales are adding Ether exposure as attention flips from BTC to ETH on the back of new all-time highs for the largest altcoin. Key points: Bitcoin approaches the weekly close with $114,000 in focus as late-week gains fizzle. Ether remains the center of attention after its latest all-time highs, with whales swapping BTC for ETH. Read more
Telegram CEO Pavel Durov was arrested one year ago and has since then been required to stay in France while under investigation. One year has passed since the arrest of Telegram CEO and co-founder Pavel Durov, sparking outrage from free speech activists and concern over the future of platform moderation. On Aug. 24, 2024, Durov was arrested at the Paris-Le Bourget Airport in Paris, France as part of an investigation by the French National Judicial Police. The 12 charges later filed against him claim that he is complicit in serious crimes committed by users on his platform. Durov has expressed confusion and frustration about the case in recent interviews. Free speech advocates harshly criticized the arrest, stating it has serious implications for free speech and platform development. Read more
As Asia and the Middle East lead crypto adoption, success no longer comes from avoiding regulation, but mastering compliance to unlock true scale. Opinion by: Dipendra Jain, co-founder of TCX Regulation has become the baseline for crypto. From the United States’ regulatory enforcement to Dubai’s comprehensive crypto rulebook and India’s renewed debate on formalizing Bitcoin reserves, governments are rewriting the rules of digital finance. As listed institutions, retailers and social networks weigh in on digital asset rails, stablecoins and yield mechanisms, the real story is no longer what’s next, but who is building what comes next. Speculation once drove adoption, but structured compliance catalyzes scale across the Asia-Middle East corridor. Hubs like the United Arab Emirates and India represent the treatment of regulation as the backbone of innovation. The UAE is pushing a unified virtual asset service providers (VASP) framework to accelerate global crypto ambitions. At the same time, India is opening th...5789 items