Cryptocurrency News

August, 2025

• 28 August

  Webull Expands to Australia, Launches Crypto Trading via Coinbase Prime

  

  Webull Securities Australia, a subsidiary of Webull Corporation (NASDAQ: BULL), launched cryptocurrency trading on August missing, allowing Australian users to trade up to 240 digital assets, including Bitcoin and Ethereum, at a competitive 30-basis-point spread. This expansion, announced on August 27, 2025, marks Webull’s third global crypto market, following successful launches in the U.S. and Brazil. The partnership with Coinbase …
• 28 August

  French Crypto Trader Kidnapped Near Paris, Freed After Refusing €10K Ransom

  In a chilling incident near Paris, a 35-year-old former cryptocurrency trader, identified as Alexandre, was kidnapped and held captive between Paris and Saint-Germain-en-Laye. The assailants demanded a €10,000 ransom for his release, a relatively low sum compared to other high-profile crypto-related abductions in France. Displaying remarkable resolve, Alexandre refused to pay, showing his captors his low account balance. He was …
• 28 August

  CFTC Adopts Nasdaq Tool to Track Crypto Insider Trading

  

  The U.S. Commodity Futures Trading Commission (CFTC) launched Nasdaq’s advanced Market Surveillance platform on August 27, 2025, to enhance oversight of cryptocurrency and derivatives markets, replacing its outdated 1990s systems. Announced by Acting Chair Caroline D. Pham, this upgrade aims to detect insider trading, wash trading, and pump-and-dump schemes in real time, bolstering market integrity amid a crypto trading boom …
• 28 August

  ZachXBT Flags WEB3 Presale Over Squiggles NFT Rug and Raichu Fraud

  

  ZachXBT issued a stark warning about a WEB3 token presale, flagging its ties to the 2022 Squiggles NFT rug pull and alleged scammer Raichu. The alert, posted on X, has sparked widespread concern, urging crypto investors to exercise caution. ZachXBT revealed that the presale, promoted via @web3, involves individuals linked to Squiggles, which defrauded investors of millions, and Raichu, a …
• 28 August

  The Sandbox Founders Exit as Animoca Gains Full Control in Major Overhaul

  

  In a major shake-up, The Sandbox, a leading blockchain-based metaverse platform, is undergoing a transformative restructuring as co-founders Sébastien Borget and Arthur Madrid step back from operational roles, with Animoca Brands assuming full control. Announced on August 28, 2025, the overhaul includes over 50% staff layoffs (approximately 125 of 250 employees) and closures of offices in Argentina, Uruguay, South Korea, …
• 28 August

  Philippine Senator Proposes Bill to Shift National Budget to Blockchain

  

  Philippine Senator Bam Aquino has proposed a groundbreaking bill to place the nation’s $95 billion national budget on a blockchain platform, aiming to make every peso traceable and transparent. Announced at the Manila Tech Summit on August 27, 2025, the initiative could position the Philippines as the first country to fully manage its budget on-chain, revolutionizing public finance governance. Speaking …
• 28 August

  Trump Family-Linked American Bitcoin Miner Set for September Trading Debut

  

  American Bitcoin, a cryptocurrency mining venture backed by Eric and Donald Trump Jr., is poised to debut on the Nasdaq in early September 2025 under the ticker ABTC, following a merger with Gryphon Digital Mining. Launched in March 2025 with Hut 8, which holds an 80% stake, the company aims to become the world’s largest pure-play Bitcoin miner, leveraging 61,000 …
• 27 August

  BNB Staking ETF on the Horizon as Rex-Osprey Submits Listing Filing

  

  REX Shares and Osprey Funds filed with the U.S. Securities and Exchange Commission (SEC) to launch the REX-Osprey BNB + Staking ETF, a groundbreaking move for cryptocurrency investment. This ETF aims to track BNB’s price performance while generating staking rewards, offering investors a regulated way to tap into the Binance ecosystem’s growth. The filing, submitted under the Investment Company Act …
• 27 August

  Arcana Joins Avail: XAR Token Holders to Receive 4-to-1 AVAIL Swap

  

  Avail, a modular blockchain infrastructure project backed by Peter Thiel’s Founders Fund, has acquired Arcana, a chain abstraction protocol, in a landmark deal for decentralized finance (DeFi). Announced on August 27, 2025, this acquisition strengthens Avail’s ecosystem while offering Arcana’s XAR token holders a 4-to-1 swap for AVAIL tokens, ensuring a smooth transition into Avail’s scalable network. Key Deal Highlights …
• 27 August

  Trump’s Sanctions Backfire: BRICS Countries Find New Unity

  

  Former U.S. President Donald Trump’s aggressive sanctions, aimed at pressuring nations like Russia and China, have unexpectedly strengthened the BRICS alliance (Brazil, Russia, India, China, South Africa). Rather than isolating these countries, the measures have driven unprecedented cooperation, reshaping global economic dynamics. Economic Collaboration Surges Sanctions on trade and finance have pushed BRICS nations to reduce reliance on Western systems. …