Binance, the world’s largest cryptocurrency exchange, has teamed up with Spanish banking giant BBVA to offer off-exchange asset custody, a move aimed at bolstering investor confidence, according to a Financial Times report on August 8, 2025. This partnership allows institutional clients to store digital assets securely with BBVA while trading on Binance’s platform, addressing counterparty risks heightened by the 2022 …
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Perplexity AI Predicts 2025 Prices for XRP, Solana, Cardano
Perplexity AI, a leading AI research platform, has unveiled its 2025 price forecasts for XRP, Solana (SOL), and Cardano (ADA), tapping into crypto market trends as investors eye the next bull cycle. The predictions, based on historical data, on-chain metrics, and macroeconomic factors, highlight growth potential for these cryptocurrencies. XRP is projected to reach $1.50–$2.00 by year-end 2025, driven by …
Read More »CleanSpark Shines Bright: Bitcoin Miner Smashes Records, Beats Wall Street Forecasts
CleanSpark Inc. (NASDAQ: CLSK), a leading U.S. Bitcoin mining company, reported a stellar third quarter for 2025, surpassing Wall Street expectations with record revenue of $198.6 million, a 91% jump from $104 million last year. The Las Vegas-based miner also achieved a net income of $257.4 million, reversing a $236.2 million loss from the prior year, with earnings per share …
Read More »XRP Jumps 13% as Ripple-SEC Legal Battle Ends
XRP, the cryptocurrency tied to Ripple Labs, soared 13% in 24 hours, climbing from $0.58 to $0.66, after Ripple and the U.S. Securities and Exchange Commission (SEC) mutually dropped their appeals, ending a four-year legal saga. The resolution, announced on August 7, 2025, marks a turning point for Ripple and the broader crypto industry. The SEC sued Ripple in December …
Read More »Ukraine Embraces Crypto but Restricts Retail Use
Ukraine’s National Bank (NBU) is paving the way for cryptocurrency legalization, but don’t expect to pay for groceries with Bitcoin anytime soon. Governor Andriy Pyshnyy recently clarified that while crypto will gain legal status under a forthcoming regulatory framework, it won’t replace the hryvnia as legal tender. This move aligns Ukraine with EU standards, aiming to boost innovation while ensuring …
Read More »JPMorgan Appoints Kara Kennedy as Kinexys Co-Head to Drive Blockchain Innovation
JPMorgan Chase has named Kara Kennedy as the new Global Co-Head of its blockchain division, Kinexys, alongside Naveen Mallela, signaling a bold push into tokenized finance and digital payments. Announced on August 6, 2025, Kennedy, based in Edinburgh, brings extensive experience from leading digital asset product strategy for JPMorgan’s securities services. She will oversee Kinexys Digital Assets for asset tokenization …
Read More »USDC Drives 3x Surge in Crypto Salaries as Blockchain Pay Gains Traction
Blockchain-based salaries have surged 300% in 2025, with USDC (USD Coin) dominating as the top choice for crypto payrolls, per a February 2025 Bitwage report. The stablecoin’s dollar peg, fast transactions, and regulatory compliance via Circle have made it ideal for employers and workers, outpacing Bitcoin and Ethereum in payroll adoption. By August 7, 2025, platforms like Deel and Bitwage …
Read More »KakaoBank Plans 2025 KRW-Backed Stablecoin Launch to Transform Digital Payments
South Korea’s leading digital bank, KakaoBank, is set to launch a Korean won (KRW)-backed stablecoin in 2025, positioning itself as a pioneer in the nation’s digital asset market. Announced during its H1 2025 earnings call on August 5, 2025, the initiative aims to leverage blockchain for efficient, low-cost domestic and cross-border transactions, per ZDNet Korea. CFO Kwon Tae-hoon emphasized the …
Read More »Hijacked YouTube Channels Fuel Crypto Scams in 2025
Hackers are exploiting dormant YouTube channels to run sophisticated crypto scams, costing victims over $2.2 billion in 2025, according to CertiK’s security report. On August 7, 2025, SentinelLabs revealed that cybercriminals target older, verified accounts—often abandoned or compromised via phishing or credential stuffing—to promote fraudulent trading bots. These scams, active since early 2024, use AI-generated videos and manipulated comment sections …
Read More »Coinbase’s New 0.1% Fee on Large USDC Swaps Sparks Debate Amid Revenue Push
Coinbase, the largest U.S. crypto exchange, will impose a 0.1% fee on USDC-to-USD conversions exceeding $5 million in a 30-day period starting August 13, 2025, targeting institutional traders and high-net-worth users. This move, announced after missing Q2 revenue targets of $1.56–$1.59 billion with $1.5 billion, aims to bolster stablecoin revenue, which grew 12% to $332 million year-on-year. The fee applies …
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