Bitcoin rejects at $116K despite US jobs win as Fed rate cut bets pass 75%
Bitcoin bulls are struggling to keep the market off new three-week lows despite a potential tailwinds coming from the US labor market.
Month: August 2025
How Nexo Is Building Institutional-Grade Confidence in Crypto
In an industry often questioned for its lack of oversight, can a crypto platform build the kind of infrastructure that traditional institutions can trust? Nexo’s recent announcement of completing its third consecutive SOC 2 Type 2 and SOC 3 Type 2 audits suggests that it is trying to do just that, systematically, and quietly. The … Read more
Eyes of Wakanda feels like fanfiction turned into Marvel history
Ryan Coogler’s first Black Panther feature set itself apart by pushing audiences to think about how comic book heroes and villains would fit into a world shaped by horrors like the trans-Atlantic slave trade. Black Panther and its 2022 sequel, Wakanda Forever, used their characters to comment on our reality’s complicated and oftentimes ugly history … Read more
OpenAI reportedly raises $8.3B at $300B valuation
The oversubscribed round came months ahead of schedule, and is part of OpenAI’s strategy to raise $40 billion.
Online Safety Act: What went wrong?
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Instagram now requires users to have at least 1,000 followers to go live
Until now, Instagram allowed anyone to go live, regardless of their follower count or whether their account was public or private.
UK regulator lifts ban on crypto ETNs for retail investors
After banning retail access to crypto ETNs and derivatives in 2021, the FCA has reversed its approach in favor of ETN access for retail.
The new face of defense tech — Ethan Thornton of Mach Industries — takes the AI stage at TechCrunch Disrupt 2025
Autonomous weapons, decentralized strategy, and startup speed — this isn’t the future of defense, it’s the now. At TechCrunch Disrupt 2025, Ethan Thornton, CEO and founder of Mach Industries, steps onto the AI Stage to talk about how next-gen defense is being built from the ground up with AI at its core. Inside the AI … Read more
Shiba Inu Tanks 6% But ‘Inverted Hammer’ Offers Hope to Bulls
Shiba inu (SHIB) dropped sharply early Friday as President Donald Trump’s new tariffs weighed on market leader bitcoin and strengthened the U.S. dollar. The price chart still offers bullish hints. SHIB crashed 6% in a brutal 24-hour selloff from July 31, 13:00 to August 1, 12:00, plummeting from $0.000013 to $0.000012. Prices hit their lowest … Read more
Nintendo Switch prices are going up after this weekend
Nintendo is raising the price of the original Switch “family of systems and products,” the company announced on Friday. Along with the first-generation Nintendo Switch, the price change also affects the Switch OLED, Switch Lite, and “select” accessories. It’s also raising the price of some Nintendo Switch 2 accessories, certain amiibo, and the Nintendo Alarmo. … Read more
This Detroit startup is turning to utilities to make home efficiency upgrades cheaper
Investors have bought into Pearl Edison’s idea and recently poured $3 .3 million into the startup.
State of stablecoins after GENIUS Act: Expert weighs in
Following the landmark US passage of the GENIUS Act, Fabian Dori of Sygnum Bank breaks down what lies ahead for stablecoins, institutional adoption and global crypto regulation.
Filecoin Drops Over 6%, Breaks Key Support at the $2.38 Level
Filecoin (FIL) displayed sharp volatility with a trading range of over 6% during the last 24-hours, according to CoinDesk Research’s technical analysis model. The token broke key support at the $2.38 level on high volume, the model showed. AI platform SingularityNET has chosen Filecoin for metadata storage through Lighthouse, according to a post on X. … Read more
Bitcoin Mining Profitability Last Month Hit Highest Level Since the Halving: JPMorgan
Bitcoin (BTC) miners enjoyed another strong month in July, with profitability reaching the highest level since the last halving event, Wall Street bank JPMorgan (JPM) said in a research report Friday. “Bitcoin miners earned an average of $57,400 per EH/s in daily block reward revenue in July, up 4% from June, representing the highest level … Read more
CoinDesk 20 Performance Update: Bitcoin (BTC) Price Drops 1.3% as All Assets Decline
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3811.95, down 2.5% (-97.17) since 4 p.m. ET on Thursday. None of the 20 assets are trading higher. Leaders: BTC (-1.3%) and BCH (-1.4%). Laggards: SUI (-5.2%) and NEAR … Read more
Metaplanet Plans $3.7B Stock Raise to Fuel Massive Bitcoin Buying Spree
The stock offering would establish new perpetual preferred shares with up to 6% dividends, all proceeds earmarked for BTC acquisitions.
Vast Data in talks with Alphabet’s CapitalG, Nvidia to fund round at up to $30B valuation
The round could make the AI data storage company one of the most valuable in the world.
Authorities seize BlackSuit ransomware gang’s servers
German authorities said they have seized the servers used by the long-running ransomware gang, BlackSuit, which is blamed for cyberattacks across Europe and the U.S., including the City of Dallas.
GENIUS sets new stablecoin rules but remains vague on foreign issuers
The GENIUS Act leaves a foreign stablecoin loophole that puts US issuers at a competitive disadvantage, says former CFTC Chair Timothy Massad.
Tether’s US Treasury holdings hit $127B, surpassing South Korea
Tether’s USDT supply has increased by $26 billion in 2025, pushing its market cap to $163.6 billion as global demand for stablecoin grows.
How I Set Up a Cowrie Honeypot to Capture Real SSH Attacks
This project documents the deployment of a Cowrie honeypot on Ubuntu to capture and analyze real-time SSH intrusion behavior. From setting up port forwarding to logging attacker actions and mapping them to MITRE ATT&CK techniques, the piece walks through each stage of the attack lifecycle—from initial enumeration to attempted persistence and evasion. Using Python, regex, … Read more
VC industry has become a better career for women over the past 7 years
All Raise released a report that said 18.6% of the top roles at leading VC firms are held by women, which is double what it was in 2018.
Klarna might reschedule its IPO for September
Details are slim, though, regarding when Klarna will schedule its debut; no final decisions have been made.
The Hashgraph Group unveils IDTrust to challenge Worldcoin and Microsoft
THG co-founder and CEO Stefan Deiss told Cointelegraph that the IDTrust allows users full control over their data, giving it an edge over competitors like Microsoft Entra.
Tokenization of Real-World Assets is Gaining Momentum, Says Bank of America
While U.S. dollar-backed stablecoins continue to dominate the conversation, recent discussions with investors indicate a growing focus on the tokenization of real world assets (RWAs), including stocks, bonds, bank deposits, and real estate, Bank of America (BAC) said in a report Monday. According to BofA, this shift marks the beginning of a multi-year journey toward … Read more
SBF Loves Coldplay? Crypto and AI Leaders’ Spotify Playlists Leaked
Brian Armstrong, Sam Bankman-Fried, Sam Altman, and many other tech leaders have had their Spotify accounts leaked.
Meme Coin ‘$SATOSHI’ Heralding the Return of Satoshi Nakamoto’s Vision Launches First Presale
Seoul, 대한민국, August 1st, 2025/Chainwire/–First Presale by P2P Foundation Holding Satoshi Nakamoto’s Only Online Account and Commons Foundation with Blockchain Core Technology The first presale of SatoshiMeme ($SATOSHI), a meme coin project jointly developed by P2P Foundation and Commons Foundation, begins on August 1st at 18:00 (UTC+9). P2P Foundation is the only online platform where … Read more
U.S. Added Just 73K Jobs in July, Unemployment Rate Rose to 4.2%
U.S. jobs market growth slowed considerably not just last month, but in May and June as well, likely giving more fuel to those calling for Federal Reserve rate cuts. Nonfarm payrolls rose 73,000 in July, according to a Friday morning report from the Bureau of Labor Statistics. That’s up from 14,000 in June, but that … Read more