Cointelegraph.com
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Cointelegraph.com - 01:31 Aug 29, 2025
SEI is the native token of the Sei network, a layer-1 blockchain specializing in trading infrastructure for decentralized exchanges and marketplaces. Crypto asset manager 21Shares has filed with the US Securities and Exchange Commission (SEC) to launch an exchange-traded fund tracking the price of SEI, following Canary Capital’s application in April. The S-1 registration statement filed with the SEC on Thursday proposes to use crypto price index provider CF Benchmarks to track the price of SEI, using data from multiple crypto exchanges. SEI is the native token of the Sei network, both were launched in August 2023. The network itself is a layer 1 blockchain that specializes in trading infrastructure for decentralized exchanges and marketplaces. Its native token can be used to pay for network gas fees and participate in governance. Read more -
Cointelegraph.com - 01:16 Aug 29, 2025
Bitcoin miner IREN rose 14% in after-hours trading after posting a record $187.3 million revenue in the last quarter, as it continues to expand into AI. Bitcoin miner IREN has posted its best quarter of earnings to date, bringing in $187.3 million last quarter, which contributed to a record $501 million revenue for the fiscal year, sending its stock up nearly 14% in after-hours trading. Quarterly revenue for the month ended June 30 was up 226% year-on-year, helping the company swing back into profitability with $176.9 million in net income, IREN said in a report on Thursday. The surge was driven by growth in its Bitcoin (BTC) mining business, but the company has also made moves to deepen its footprint in the AI space as a new “Preferred Partner” to AI giant Nvidia. Read more -
Cointelegraph.com - 01:00 Aug 29, 2025
BTS Jungkook’s identity thief’s crypto scam ring. Ripple and Circle back Singapore stablecoin infrastructure firm. Asia Express A hacking syndicate accused of stealing 39 billion won ($28 million) by targeting wealthy corporate executives and celebrities including BTS member Jeon Jung-kook has been arrested by South Korean police. A Seoul police unit said Thursday it had apprehended 18 suspects who allegedly hacked government agencies, public institutions and IT platforms to obtain personal and financial data from 258 victims, according to local media reports. The stolen information was then used to break into bank, securities and cryptocurrency exchange accounts. Police said the group successfully stole 39 billion won from 16 victims and attempted to defraud another 25 billion won from 10 others, bringing total damages to 64 billion won. Among the victims were three celebrities and two corporate leaders from South Koreas top 100 companies. The largest confirmed theft amounted to 21.3 billion won in crypto. R... -
Cointelegraph.com - 01:00 Aug 29, 2025
BTS Jungkook’s identity thief’s crypto scam ring. Ripple and Circle back Singapore stablecoin infrastructure firm. Asia Express A hacking syndicate accused of stealing 39 billion won ($28 million) by targeting wealthy corporate executives and celebrities including BTS member Jeon Jung-kook has been arrested by South Korean police. A Seoul police unit said Thursday it had apprehended 18 suspects who allegedly hacked government agencies, public institutions and IT platforms to obtain personal and financial data from 258 victims, according to local media reports. The stolen information was then used to break into bank, securities and cryptocurrency exchange accounts. Police said the group successfully stole 39 billion won from 16 victims and attempted to defraud another 25 billion won from 10 others, bringing total damages to 64 billion won. Among the victims were three celebrities and two corporate leaders from South Koreas top 100 companies. The largest confirmed theft amounted to 21.3 billion won in crypto. R... -
Cointelegraph.com - 23:57 Aug 28, 2025
OG whales have been selling, and Bitcoin miners started selling too. Is the $485 million in BTC sold by miners a red flag or just standard profit-taking? Key takeaways: Bitcoin miners sold $485 million worth of BTC during a 12-day period ending Aug. 23. Despite miners selling, Bitcoin’s network hashrate and fundamentals remain resilient. Read more -
Cointelegraph.com - 22:00 Aug 28, 2025
Gryphon’s rising share price comes as more crypto companies go public and digital asset regulation in the United States has progressed. Gryphon Digital Mining is set to merge with Trump-linked American Bitcoin in September, with its shares already up 231% since the May announcement. Gryphon’s shares jumped 42.1% on Thursday to $1.75 from $1.35, according to Google Finance. The rally came as American Bitcoin’s largest investor, Hut 8 CEO Asher Genoot, told Reuters the merger between American Bitcoin and Gryphon is expected to be finalized soon, with trading set to begin in early September. According to the Reuters report, the merger will be all-stock. The new entity will retain the name American Bitcoin, and its two founders — Eric Trump and Donald Trump, Jr. — and Hut 8 will own 98% of the entity. Read more -
Cointelegraph.com - 21:33 Aug 28, 2025
Web3 startup aPriori has raised a total of $30 million to expand its onchain trading platform as institutional DeFi demand grows. Web3 startup aPriori has raised $20 million to expand its trading infrastructure platform, which aims to bring high-frequency trading (HFT) onchain and address technical and market challenges in decentralized finance (DeFi). The raise comes as institutional investors show growing interest in DeFi as an alternative source of yield. The round included participation from Pantera Capital, HashKey Capital, Primitive Ventures, IMC Trading, Gate Labs and others, bringing the company’s total funding to $30 million. Founded in 2023, the San Francisco–based company was started by former quant traders and engineers with experience at Coinbase, Jump Trading and Citadel Securities. Read more -
Cointelegraph.com - 21:13 Aug 28, 2025
The same day stablecoin capitalization reached $280 billion, startups M0 and Rain announced nearly $100 million in new funding rounds for programmable money. Venture investors have poured nearly $100 million into stablecoin startups, backing new infrastructure for programmable money. M0, a Switzerland-based platform that lets developers issue custom stablecoins, announced a $40 million Series B raise on Thursday led by Polychain Capital and Ribbit Capital. Founded in 2023, the company has partnered with projects including MetaMask and Playtron to integrate its infrastructure into consumer-facing apps. Another stablecoin infrastructure raise came from Rain, a US startup developing tools for banks to issue regulated stablecoins. The company secured $58 million in a Series B funds led by Sapphire Ventures, with backing from Dragonfly, Galaxy Ventures and Samsung Next, bringing its total funding to $88.5 million. Read more -
Cointelegraph.com - 20:46 Aug 28, 2025
The change is part of the Commodity Futures Trading Commission's “crypto sprint,” an initiative to overhaul regulations in response to proposals from the Trump administration. The US Commodity Futures Trading Commission (CFTC), a US financial regulator, announced on Thursday that offshore crypto exchanges now have a pathway to legally serve US-based clients by registering under the Foreign Board of Trade (FBOT) framework. US-based clients have had the right to trade on registered offshore platforms since the 1990s under the FBOT registry, and the framework works for all asset classes, acting CFTC Director Caroline Pham said in a statement. Pham said: Allowing offshore exchanges to serve US residents can potentially increase liquidity in the crypto markets and remove the silos that have kept crypto trapped within regions. Read more -
Cointelegraph.com - 20:03 Aug 28, 2025
Ether traders say a multi-year bullish cycle has begun, with $10,000 as the desired target. Key takeaways: A bullish pattern on the ETH chart predicts a rally to $10,000, with $5,000 as the critical resistance level. Analysts stress that short-term volatility may precede ETH’s multi-year bullish expansion phase. Read more -
Cointelegraph.com - 19:52 Aug 28, 2025
DYdX is recovering from an up-and-down 2024, where the DEX laid off 35% of its workforce in October. Decentralized exchange dYdX has updated its 2025 roadmap, outlining plans to launch a Telegram trading integration as the platform faces declining earnings. According to the roadmap, dYdX plans to roll out a series of software upgrades that include a partner fee share, scale and TWAP orders and designated proposers, targeting the reduction of end-to-end trading latency. In addition, the DEX plans to launch Telegram-based trading in September, enabled by its July acquisition of Pocket Protector, a social trading app. As part of the deal, Pocket Protector co-founder Eddie Zhang joined dYdX as president. Read more -
Cointelegraph.com - 18:00 Aug 28, 2025
Learn how to swap crypto and bridge crypto better in 2025 with Symbiosis, Uniswap v4’s efficient hooks, and grief-free atomic swaps. We are well past the halfway mark of 2025, and crypto swaps are everywhere. But is that just hype, or does the data back it up? And what exactly is a crypto swap, and how does it differ from bridging or exchanging? In Q2 2025, decentralized exchanges (DEXs) saw a huge 25.3% jump in spot trading volume, hitting over $876 billion. Around the same time, centralized exchanges (CEXs) dropped almost 28%, ending the quarter at $3.9 trillion. A clear trend can be uncovered here: More people are choosing direct crypto swaps over the traditional “sell to fiat, then buy again” method. Read more -
Cointelegraph.com - 18:00 Aug 28, 2025
Bitwise projects Bitcoin price to trade near $1.3 million by 2035, citing institutional demand, scarce supply and macroeconomic pressures. Key takeaways: Bitwise forecasts Bitcoin price to reach $1.3 million by 2035, projecting 28.3% annualized returns that outpace traditional assets. Institutional investors dominate Bitcoin demand, with corporate holdings surging and Strategy leading in accumulation. Read more -
Cointelegraph.com - 17:03 Aug 28, 2025
Altseason signals and $3 billion in new Solana treasury demand strengthen SOL’s bullish case, with $300 emerging as the next key technical target. Key takeaways: Past SOL/BTC golden crosses preceded 1,000% rallies in the SOL/USD pair. Altseason backdrop and nearly $3 billion in new treasury buys boost Solana’s upside case. Read more -
Cointelegraph.com - 17:01 Aug 28, 2025
In this Cointelegraph video, we explore the comeback of crypto lending in 2025 — what’s changed since the 2022 collapse, and whether the risks are still the same. Bitcoin’s price has soared since many investors first entered the market, leaving holders with a tough question: Should you sell now, or keep holding for the future? For some, selling could mean finally realizing profits and turning digital wealth into real-world rewards. For others, it raises the fear of missing out on even greater gains if Bitcoin (BTC) climbs higher. That tension is driving renewed interest in an idea that was both popular and controversial in the last bull market: crypto lending. At its core, crypto lending offers a way to unlock cash without selling your Bitcoin, thereby holding onto the asset you believe in. Read more -
Cointelegraph.com - 16:53 Aug 28, 2025
PYTH surges 70% after the US government tapped Pyth Network and Chainlink to help publish official economic data on multiple blockchains. The native token of the Pyth Network surged on Thursday after the project confirmed it had been selected by the US Department of Commerce to verify and distribute economic data onchain — a move that places blockchain technology at the center of official government processes and highlights the important role of data oracles. According to CoinMarketCap, the PYTH token peaked just above $0.20, marking a daily gain of more than 70%. It was last trading just below $0.19, still up about 62% on the day. The rally propelled PYTH to its highest level since February, lifting its market capitalization above $1 billion, while trading volumes skyrocketed more than 2,700% in the past 24 hours. Read more -
Cointelegraph.com - 15:16 Aug 28, 2025
Caliber’s stock soared 77% after the Nasdaq-traded firm announced a Chainlink treasury plan, even as it faces potential delisting over a $17.6 million deficit. Shares of Nasdaq-traded real estate asset manager Caliber shot up as the firm announced its pivot to a Chainlink treasury, despite an ongoing exchange probe. According to a Thursday announcement, Caliber’s board of directors has approved establishing a digital asset treasury strategy focused on Chainlink (LINK). Under its new policy, the company intends to allocate a portion of its funds to acquire LINK tokens. Caliber’s board also appointed a crypto advisory board tasked with guiding management on digital asset strategy, policy and related initiatives. The news appears to be well-received by market participants, with Google Finance data showing that the company’s stock rose by 77% in pre-market trading and maintained this newly acquired value into the early trading day. Read more -
Cointelegraph.com - 14:31 Aug 28, 2025
The US government announced on Tuesday that it is publishing economic data onchain to boost transparency for government spending. The US government has tapped Chainlink and Pyth, two blockchain oracle providers, to publish economic data onchain. Chainlink was selected to provide data feeds from the Bureau of Economic Analysis (BEA), and will publish additional data feeds in response to consumer demand or at the behest of the US government, a Chainlink spokesperson told Cointelegraph. These feeds include real gross domestic product (GDP), personal consumption expenditures (PCE) price index, and real final sales to private domestic purchasers, the company said. Read more -
Cointelegraph.com - 13:42 Aug 28, 2025
Philippine Senator Bam Aquino plans to file a bill to put the country’s national budget on a blockchain for greater transparency and accountability. Philippine Senator Bam Aquino announced his intention to propose a bill that would lead to the country’s national budget being saved on a blockchain. According to a Facebook post by local news publication BusinessWorld, Aquino plans to file the bill “in the next couple of weeks.” The measures would “integrate the government’s budget and transactions into a blockchain platform for better transparency.” In a dedicated Facebook post, Aquino recounted that he talked about how technology can “strengthen accountability in governance” during the Manila Tech Summit 2025. He also said that he spoke about blockchain technology specifically: Read more -
Cointelegraph.com - 13:33 Aug 28, 2025
Bitcoin’s price deviates 12% from its all-time high, but an oversold STH MVRV metric could trigger a breakout toward $260,000. Key takeaway: Bitcoin’s bullish megaphone pattern suggests $144,000-$260,000 is in play this cycle. Signs of panic from BTC short-term holders hint at a potential local bottom. Read more
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