Business

August, 2025

• 24 August

  WLFI Makes a Splash with First Listing on Binance, Bybit, and OKX

  

  World Liberty Financial’s WLFI token made a striking debut on August 23, 2025, with its first listings on Binance, Bybit, and OKX, major cryptocurrency exchanges, marking a pivotal moment for the Trump-backed DeFi project. Trading opened at $0.40–$0.42, implying a fully diluted valuation (FDV) of over $40 billion for its 100 billion token supply, according to Cointribune. The multi-exchange launch …
• 24 August

  Ethereum on Edge: Leverage-Fueled Rallies Point to High Volatility

  

  Pi Coin (PI), the mobile-first cryptocurrency of the Pi Network, is grappling with bearish trends as of August 24, 2025, with technical indicators and market sentiment signaling potential further declines. Trading at approximately $0.35, down from a May peak of $1.68, Pi faces challenges that could push it toward new all-time lows, according to recent market analyses. Technical indicators paint …
• 24 August

  Crypto Alert: Pi Coin Faces Potential Decline with Bearish Trends

  

  Pi Coin (PI), the mobile-first cryptocurrency of the Pi Network, is grappling with bearish trends as of August 24, 2025, with technical indicators and market sentiment signaling potential further declines. Trading at approximately $0.35, down from a May peak of $1.68, Pi faces challenges that could push it toward new all-time lows, according to recent market analyses. Technical indicators paint …
• 24 August

  Custodia Chief Questions TradFi’s Capacity to Weather Crypto Bear Market

  

  Caitlin Long, CEO of Custodia Bank, raised concerns about traditional financial institutions’ (TradFi) ability to navigate a crypto bear market during her speech at the Wyoming Blockchain Symposium on August 22, 2025. Speaking to CNBC, Long highlighted that TradFi firms, despite their growing involvement in crypto, lack the risk management frameworks needed to handle the sector’s real-time settlement dynamics. Long …
• 24 August

  LayerZero Acquires Stargate for $120M in Historic DAO-Backed Crypto Merger

  

  LayerZero finalized a $120 million acquisition of Stargate Finance, a leading cross-chain bridge, in a landmark deal approved by 95% of Stargate’s Decentralized Autonomous Organization (DAO) members. The transaction, settled entirely in LayerZero’s ZRO tokens, marks one of the first nine-figure DAO-backed mergers in the crypto industry, highlighting the power of decentralized governance in shaping blockchain ecosystems. The deal merges …
• 24 August

  Crypto Wallets at Risk: Apple Issues Urgent Security Update for Zero‑Click Vulnerability

  

  Apple issued urgent security updates on August 21, 2025, to fix a critical zero-click vulnerability (CVE-2025-43300) in its Image I/O framework, posing severe risks to cryptocurrency users. The flaw, exploited in targeted attacks, allowed hackers to execute code remotely via malicious images sent through iMessage, potentially compromising iPhones, iPads, and Macs without user interaction. This could enable theft of crypto …
• 24 August

  Permissioned Scale: Key to Unlocking Crypto’s Potential in Asia-Middle East

  

  Bitcoin (BTC) is encountering stiff resistance at $117,000, stalling its upward momentum after a robust rally earlier in August 2025. Trading at around $115,100 as of August 24, BTC has repeatedly failed to break this critical psychological and technical barrier, with analysts noting a cautious market amid declining trading volume. According to CoinGecko, BTC fell 1.42% in the past 24 …
• 24 August

  Vitalik Buterin Unveils New Proposal to Reinforce Ethereum’s Neutrality

  

  Ethereum co-founder Vitalik Buterin unveiled a groundbreaking proposal on August 24, 2025, to reinforce the blockchain’s neutrality, ensuring it remains an unbiased, decentralized platform for global digital transactions. Shared via his blog, the plan aims to safeguard Ethereum’s role as a permissionless settlement layer amid growing institutional adoption and regulatory scrutiny. Buterin’s proposal focuses on minimizing biases in validator behavior, …
• 24 August

  VanEck Files Spot Solana ETF, JitoSOL to Power Core Structure

  

  Global asset manager VanEck has submitted an S-1 filing to the US Securities and Exchange Commission (SEC) on August 22, 2025, to launch the first spot Solana exchange-traded fund (ETF) fully backed by JitoSOL, a liquid staking token on the Solana blockchain. This pioneering move, in partnership with Jito Labs, aims to provide investors with regulated exposure to Solana’s staking …
• 23 August

  White House Vision in Focus as CFTC Launches New Crypto Sprint Phase

  

  The U.S. Commodity Futures Trading Commission (CFTC) launched the second phase of its “Crypto Sprint” initiative on August 21, aligning with the White House’s push to establish a robust regulatory framework for digital assets, per a CFTC press release. Acting Chairman Caroline D. Pham emphasized collaboration with the SEC’s Project Crypto to fulfill President Trump’s vision of making the U.S. …