Business

August, 2025

• 12 August

  Bithumb Slashes Crypto Lending Amid South Korea’s Regulatory Crackdown

  

  South Korea’s leading cryptocurrency exchange, Bithumb, has drastically scaled back its crypto lending services following intense regulatory pressure from the Financial Services Commission (FSC) and Financial Supervisory Service (FSS). On August 11, 2025, Bithumb reduced its leverage ratio from 4x to 2x and slashed its maximum lending cap by 80%, from 1 billion won ($718,298) to 200 million won ($143,600), …
• 12 August

  Metaplanet Boosts Bitcoin Reserves by 518 BTC, Surpasses 18,000 BTC Total

  

  Japanese investment firm Metaplanet Inc. has solidified its position as a leading corporate Bitcoin holder by acquiring 518 BTC for $61.4 million on August 12, 2025, at an average price of $118,519 per coin. This purchase elevates its total reserves to 18,113 BTC, valued at approximately $2.15 billion, making it the sixth-largest publicly traded Bitcoin holder globally, per BitcoinTreasuries. Under …
• 12 August

  Do Kwon to Plead Guilty in $40B TerraUSD Crypto Crash Case

  

  Terraform Labs co-founder Do Kwon is set to plead guilty in a U.S. fraud case tied to the 2022 TerraUSD (UST) stablecoin collapse, which erased $40 billion in market value, shaking the cryptocurrency industry. A hearing is scheduled for August 12, 2025, at 10:30 a.m. EDT in Manhattan federal court, as per U.S. District Judge Paul Engelmayer’s order. Kwon, extradited …
• 12 August

  Trump Media Amends Bitcoin ETF Filing, Crypto.com Bolsters Custody Services

  

  Trump Media & Technology Group (TMTG), behind Truth Social, has filed an amended S-1 registration with the SEC for its Truth Social Bitcoin ETF, ticker “B.T.,” aiming to track Bitcoin’s price performance. The filing, submitted on August 11, 2025, lacks key details like fees or a final ticker symbol, as noted by Bloomberg’s Eric Balchunas. Crypto.com will serve as the …
• 11 August

  Sri Lanka’s Premium Tea Brand ‘Tea Avenue’ Makes Grand India Debut in Collaboration with FranGlobal

  

  In a major step forward for premium lifestyle and beverage experiences, Tea Avenue, Sri Lanka’s most beloved homegrown tea café chain, is all set to mark its India entry in collaboration with FranGlobal, the international business arm of Franchise India Group. This strategic alliance heralds a new chapter in cross-border brand expansion and reflects the ever-growing appetite for curated global tea experiences among …
• 11 August

  DigitalX Denies Wrongdoing in ASX Director Trading Probe

  

  DigitalX Limited (ASX:DCC), an Australian Securities Exchange-listed blockchain and digital asset investment firm, has strongly refuted allegations of policy breaches following a regulatory probe into director share purchases. The inquiry centers on transactions by non-executive director Ieva Guoga, who reportedly bought 3 million shares before a May 29, 2025, announcement of an $11.6 million Solana token acquisition, as reported by …
• 11 August

  Top 3 Altcoins Poised for All-Time Highs in Mid-August 2025

  

  The cryptocurrency market is buzzing with bullish momentum in August 2025, with altcoins like Solana (SOL), Chainlink (LINK), and Avalanche (AVAX) showing strong potential to hit new all-time highs by mid-month, driven by robust on-chain activity and sector-specific catalysts. Solana (SOL), priced at $163.55 on August 4, 2025, is gaining traction due to its high-speed, low-cost transactions, making it a …
• 11 August

  Ethereum Price Could Soar to $15K by 2025, AI Models Predict

  

  Ethereum (ETH), the second-largest cryptocurrency, could surge to $15,000 by the end of 2025, according to AI-driven forecasts cited by crypto analyst Miles Deutscher in an August 10, 2025, video. Leveraging machine learning models, Deutscher’s analysis, based on historical price patterns, on-chain data, and macroeconomic trends, points to a potential 3.5x rally from ETH’s current price of $4,303. The bullish …
• 11 August

  Affordable Housing – Collateral Damage for US Tariffs?

  

  To date in H1 2025, affordable housing share already down to 18% of total sales in the top 7 cities, from a massive 38% in 2019 MSME & SME workforce – key target clientele of affordable housing – to take sharpest blow from tariff MSMEs alone contribute nearly 30% to the country’s GDP & over 45% of exports; 260+ Mn …
• 11 August

  Ethereum Soars 22% in a Week: Can ETH Bulls Hit $5,000?

  

  Ethereum (ETH) has surged an impressive 22% over the past week, reaching $4,300 and igniting speculation about a potential climb to $5,000. This rally, the largest since November 2021, is driven by robust retail and institutional buying, bolstered by several key catalysts. The U.S. Securities and Exchange Commission’s (SEC) approval of spot Ethereum ETFs in July 2024 has fueled significant …