Cointelegraph.com
Source:
https://cointelegraph.com
Found 6933 news
-
Cointelegraph.com - 14:06 Aug 27, 2025
The PSG1 comes with gaming-ready specs, a built-in crypto wallet and fingerprint security, marking Solana’s latest push into consumer hardware and Web3 gaming. The Solana ecosystem is taking a leap into hardware with the forthcoming launch of its first handheld gaming console. Play Solana, a project dedicated to building a Web3 gaming device on the Solana blockchain, announced that it will start shipping its Play Solana Gen 1 (PSG1) device on Oct. 6. The device comes with gaming-ready specs, including an octa-core ARM processor, 8 gigabytes of RAM, WiFi and Bluetooth connectivity and a touch LCD display. It also includes a built-in hardware wallet and fingerprint authentication, allowing users to store crypto assets while playing games. Read more -
Cointelegraph.com - 14:00 Aug 27, 2025
USDT0 expands to 11 networks with Polygon integration, while XAUT0 grows following its TON debut and HyperEVM integration. Polygon, a layer-2 (L2) scaling solution for Ethereum, is about to upgrade to the USDT0 standard, the unified liquidity network that introduced the omnichain versions of Tether’s USDT and XAUT. USDT0 (USDT0) and XAUt0 (XAUt0), cross-chain liquidity stablecoins enabled by LayerZero's Omnichain Fungible Token (OFT), are launching on the Polygon blockchain, USDT0 operator Everdawn Labs announced to Cointelegraph on Wednesday. The integration marks a milestone for XAUt0, with Polygon becoming its third blockchain integration following XAUt0’s debut on TON and Hyperliquid’s HyperEVM. Read more -
Cointelegraph.com - 13:50 Aug 27, 2025
Four whales realized a cumulative $47.5 million profit on Hyperliquid, spurring price manipulation allegations related to XPL’s 200% rally. Update (Aug. 27 at 5:44 pm UTC): This article has been updated to reflect that a blockchain analyst retracted a claim linking Justin Sun to a whale wallet. Four whales, or big cryptocurrency investors, were accused of price manipulation that resulted in a $4.59 million loss for one unfortunate trader, raising questions about the reliability of decentralized trading platforms over their centralized counterparts. Four whale addresses profited a combined $47.5 million after the recently launched Plasma blockchain’s (XPL) token soared 200% to over $1.80 in minutes on the decentralized exchange Hyperliquid. Read more -
Cointelegraph.com - 13:43 Aug 27, 2025
Coinbase, Kraken, Ripple, a16z and others pressed the Senate to add explicit protections for developers and non-custodial services in the market structure bill. A coalition of 112 crypto companies, investors and advocacy groups has called on the US Senate to include protections for software developers and non-custodial service providers in upcoming market structure legislation. A letter sent Wednesday to the Senate Banking and Agriculture Committees, authored by the DeFi Education Fund and its coalition partners, said the industry spoke “with one voice,” urging lawmakers to ensure developers and non-custodial actors are not misclassified as intermediaries under outdated financial rules. “Provide robust, nationwide protections for software developers and non-custodial service providers in market structure legislation,” the letter said. “Without such protections, we cannot support a market structure bill.” Read more -
Cointelegraph.com - 13:30 Aug 27, 2025
Crypto has the potential to make ordinary people hilariously rich. Here’s three real life tales, and one guy who sold free Bitcoin too early. A surprise manila folder with millions of Bitcoin, a memecoin that went to the moon and a series of high-stakes poker games these are some true-life tales of people who struck it rich with crypto. While there are many stories of skilled traders, miners and gamers who became self-made crypto millionaires, the more interesting ones are those who stumbled into crypto and accidentally struck digital gold. It was 2013. Two freshman students were sitting at a bar. The guy, a nerdy computer type, was interning at Goldman Sachs. He told the girl lets call her Anna You should invest in Bitcoin. The girl, who had the resources, said, Sure. $10,000 was exchanged, and Anna forgot about it. Read more -
Cointelegraph.com - 13:30 Aug 27, 2025
Crypto has the potential to make ordinary people hilariously rich. Here’s three real life tales, and one guy who sold free Bitcoin too early. A surprise manila folder with millions of Bitcoin, a memecoin that went to the moon and a series of high-stakes poker games these are some true-life tales of people who struck it rich with crypto. While there are many stories of skilled traders, miners and gamers who became self-made crypto millionaires, the more interesting ones are those who stumbled into crypto and accidentally struck digital gold. It was 2013. Two freshman students were sitting at a bar. The guy, a nerdy computer type, was interning at Goldman Sachs. He told the girl lets call her Anna You should invest in Bitcoin. The girl, who had the resources, said, Sure. $10,000 was exchanged, and Anna forgot about it. Read more -
Cointelegraph.com - 13:30 Aug 27, 2025
China’s control over crypto liquidity and its buying power gives Beijing unprecedented leverage over the Trump family’s digital fortune. Opinion by: Joshua Chu, co-chair of the Hong Kong Web3 Association China’s control over cryptocurrency liquidity in Hong Kong gives it unprecedented power over the Trump family’s crypto wealth. This leverage lets Beijing influence the family’s financial fate — and potentially US-China relations — through market moves. As Eric Trump visits Hong Kong, this crypto-political nexus signals a new era of global power. Cryptocurrency is no longer seen as just the new financial innovation around the block. Virtual assets have become powerful geopolitical instruments determining the fates of nations. Read more -
Cointelegraph.com - 13:25 Aug 27, 2025
Ether's bullish Augusts in the past have preceded major rallies into year-end, raising hopes of ETH price reaching $7,000 by January. Key takeaways: ETH eyes record monthly close, unlocking potential for a year-end rally. History shows August’s average 60% gains into December despite September dips. Read more -
Cointelegraph.com - 13:20 Aug 27, 2025
Private OTC token deals give funds discounted allocations and predictable profits, while retail investors face hidden sell pressure and little transparency. Crypto funds and market makers are buying tokens at steep discounts through private over-the-counter deals and hedging them with shorts, locking in double-digit returns while retail traders take the risk. Venture capitalists, funds and market makers can often secure allocations at roughly a 30% discount with three- to four-month vesting, then hedge by shorting the same amount on perpetual futures markets, according to Jelle Buth, co-founder of market maker Enflux. This structure largely guarantees profits that can annualize to as much as 60%-120%, regardless of where the token price moves. Read more -
Cointelegraph.com - 13:06 Aug 27, 2025
Crypto.com-backed CRO jumped 40% on the announcement of the Trump Media Group CRO Strategy, reaching levels not seen since May 2022. Cronos, the native cryptocurrency of the Crypto.com-backed Cronos Chain, surged to multi-year highs following news of the Trump Media Group CRO Strategy launch. On Tuesday, Trump Media and Technology Group announced launching a joint $6.4 billion Cronos treasury with Crypto.com and Yorkville Acquisition. Cronos (CRO) surged 25% to $0.20 within hours after the announcement, before climbing past $0.23 on Wednesday, its highest level since May 2022, according to CoinGecko data. Read more -
Cointelegraph.com - 12:30 Aug 27, 2025
Bitcoin price weakness has good odds of flipping “positive yet less volatile” in the coming months, new research said. Key points: Bitcoin can reverse its latest slump to hit new all-time highs in the next four months, based on historical performance. Research says that the outlook for Bitcoin between now and Christmas is “positive yet less volatile.” Read more -
Cointelegraph.com - 12:03 Aug 27, 2025
Whale inflows into Ether are rising as investors take profits from Bitcoin and rotate into altcoins, fueling expectations of a broader 2025 altcoin season. Cryptocurrency whales, or big investors, are buying hundreds of millions of Ether, as analysts point to an organic rotation of investor mindshare toward altcoins with more upside potential. Nine “massive” whale addresses bought a cumulative $456 million worth of Ether (ETH) from Bitgo and Galaxy Digital, blockchain data platform Arkham said in a Tuesday X post. The growing whale demand for the world’s second-largest cryptocurrency signals the market’s “natural rotation” into Ether and other altcoins with more upside potential, according to Nicolai Sondergaard, research analyst at crypto intelligence platform Nansen. Read more -
Cointelegraph.com - 11:20 Aug 27, 2025
DOGE whales are selling amid declining open interest and network activity, suggesting that Dogecoin’s price may continue to fall to as low as $0.12. Key takeaways: Dogecoin whales offload large volumes of DOGE, signaling risk aversion. Declining open interest and daily active addresses signal less demand for DOGE. Read more -
Cointelegraph.com - 10:38 Aug 27, 2025
Metaplanet will issue up to 555 million new shares, with most of the $880 million raised directed toward Bitcoin purchases and income strategies. Japanese investment company Metaplanet approved a plan to raise 130.3 billion yen ($880 million) through an overseas share issuance, with almost $835 million set aside for Bitcoin purchases. According to a Wednesday filing, the company plans to issue up to 555 million new shares, which could increase its total outstanding stock from 722 million to about 1.27 billion shares. The issue price will be determined Sept. 9-11, with payments scheduled to settle shortly after. Metaplanet said the bulk of the funds will go toward acquiring additional Bitcoin (BTC), adding to its existing treasury reserves of 18,991 BTC (valued at around $2.1 billion). The company said the strategy is designed to protect against Japan’s weak yen, mitigate inflation risks and enhance corporate value. Read more -
Cointelegraph.com - 09:50 Aug 27, 2025
Base’s 70% NFT trading volume surge to $47 million in the last 30 days puts it above competitors like Immutable and Solana. Coinbase layer-2 network Base took the third spot in non-fungible token (NFT) trading volume after a 70% surge in the last 30 days. Decentralized application data aggregator DappRadar showed that Base’s NFT volume reached $47.67 million, increasing by 70% over the past month. The increase pushed the network ahead of many competitors in the NFT space, including Immutable zkEVM and Solana, which are ranked fourth and fifth by 30-day volume. Collections like Get Based, DX Terminal and Based Style collectively recorded about $25 million in NFT trading volume, driving the surge in digital collectible trading activity on the network. Read more -
Cointelegraph.com - 09:08 Aug 27, 2025
The “White Whale” increased his social media pressure campaign to $2.5 million after claiming that MEXC requested an in-person KYC verification in Malaysia. A cryptocurrency trader upsized his multimillion-dollar social media pressure campaign against MEXC after claiming that the digital asset exchange requested an in-person meeting to unfreeze the user’s $3 million worth of personal funds. 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. On Sunday, the trader launched a $2 million social media pressure campaign against the exchange, aiming to increase attention on the matter, after claiming that the exchange had requested a one-year review period before unfreezing the user’s funds, Cointelegraph reported on Monday. Read more -
Cointelegraph.com - 08:29 Aug 27, 2025
Low Taker-Buy-Sell-Ratio, declining network activity and other bearish factors could pull BTC price below its critical support at $110,000. Key takeaways: Bitcoin price needs to hold above $110,000 to avoid further losses. The Taker-Buy-Sell-Ratio is down to levels last seen in November 2021, when BTC price reached its cycle peak. Read more -
Cointelegraph.com - 08:04 Aug 27, 2025
From corner shops to big retailers, Venezuelans are embracing stablecoins as inflation soars and the bolívar loses over 70% of its value. Cryptocurrencies are becoming a core part of the economy in Venezuela as citizens turn to digital assets to shield themselves from a collapsing currency and tighter government controls. From small family stores to large retail chains, shops across the country now accept crypto through platforms such as Binance and Airtm. Some businesses even use stablecoins to pay employees, while universities have begun offering courses dedicated to digital assets. “There’s lots of places accepting it now,” shopper Victor Sousa, who paid for phone accessories with USDt (USDT), told the Financial Times. “The plan is to one day have my savings in crypto.” Read more -
Cointelegraph.com - 00:41 Aug 27, 2025
Iran crypto flows dropped 11% so far this year to July, amid conflict with Israel, a $90 million hack on local crypto exchange Nobitex and Tether freezing 42 wallets. Flows into Iranian crypto trading platforms have fallen in 2025 due to a breakdown in nuclear negotiations with Israel, a $90 million hack on Iran’s largest crypto exchange, and a major stablecoin blacklisting, says blockchain analytics firm TRM Labs. Iranian crypto flows hit $3.7 billion between January and July, an 11% decrease compared to the same period last year, with the worst drop off coming in June and July, TRM Labs said in a report on Tuesday. Iran’s crypto flows started to sharply drop in June, just after the $90 million hack on Nobitex, which handles 87% of the country’s crypto transactions. Read more -
Cointelegraph.com - 22:54 Aug 26, 2025
Labeled for “energy-intensive use cases,” the facilities in Texas, Louisiana and Illinois could support both Bitcoin mining and artificial intelligence workloads. Bitcoin mining company Hut 8 is building four new Bitcoin mining sites in Texas, Louisiana and Illinois, adding 1.5 gigawatts of capacity as US miners tighten their grip on the global hash rate. According to a Tuesday announcement, the expansion is aimed at broadening the company's geographic footprint and target markets where “energy demand [is] rising most rapidly.” Hut 8 shares on Nasdaq soared as much as 10.5% on Tuesday following the announcement, according to Google Finance. The company said its current 1 gigawatt capacity has been 90% taken up. Read more
6933 items