Tech

August, 2025

• 10 August

  Bitcoin’s Entry Into $12 Trillion Retirement Market Signals Major Shift

  

  Bitcoin is breaking into the $12 trillion U.S. retirement savings sector, with 401(k) providers like Fidelity now offering Bitcoin investment options. This development, highlighted in recent Financial Times reports, allows millions of Americans to include the world’s leading cryptocurrency in their retirement portfolios without navigating complex wallets or exchanges. This marks a pivotal shift, positioning Bitcoin as a legitimate long-term …
• 10 August

  India Cracks Down on Crypto Tax Evasion, Issues 44,000 Notices

  

  India’s Income Tax Department has escalated its fight against cryptocurrency tax evasion, sending over 44,000 notices to investors for failing to report virtual digital asset (VDA) transactions, as reported on August 7, 2025. Using AI-driven tools like Project Insight and the Non-Filer Monitoring System, authorities uncovered ₹630 crore ($75 million) in undisclosed crypto income for 2022-24, alongside ₹705 crore ($85 …
• 10 August

  Can Bitcoin Rebound? Key $115,500 Level Could Spark Major Rally

  

  Bitcoin is under scrutiny as analysts assess its potential to reclaim its all-time high of $123,100, reached in July 2025. After recent volatility and a 4% pullback to $114,245, a critical resistance at $115,500 is now in focus, per Blockonomi. A decisive break above this level could ignite a rally toward $120,000, potentially challenging the previous peak. Technical analysis highlights …
• 10 August

  Ripple’s Legal Chief Flags Regulatory Risks to Crypto Growth

  

  Stuart Alderoty, Ripple’s Chief Legal Officer, has warned that regulatory uncertainty could stifle the cryptocurrency industry’s next major breakout, despite rising institutional adoption. Speaking on August 6, 2025, Alderoty highlighted the absence of clear, unified global regulations as a critical barrier, particularly in the U.S., where “regulation by enforcement” threatens innovation and investor confidence. Alderoty’s concerns stem from inconsistent rules …
• 10 August

  Robert Kiyosaki Eyes Bitcoin Dip to $90K, Plans to Double Holdings

  

  Renowned investor Robert Kiyosaki, author of Rich Dad Poor Dad, predicts Bitcoin could drop to $90,000 in August 2025, citing the “Bitcoin August Curse”—a historical trend of price declines. Far from alarmed, Kiyosaki sees this as a golden opportunity to double his Bitcoin holdings, reinforcing his long-term bullish outlook on the cryptocurrency. As of August 10, 2025, Bitcoin trades at …
• 10 August

  VivoPower’s Bold $100M Ripple and XRP Strategy Redefines Sustainable Finance

  

  Nasdaq-listed VivoPower International PLC, a sustainable energy solutions provider, has unveiled a groundbreaking $100 million plan to acquire Ripple Labs shares, complementing its XRP-focused treasury strategy. Announced on August 8, 2025, this dual-asset approach makes VivoPower the first U.S.-listed company to offer investors exposure to both Ripple equity and XRP tokens, driving its stock up 32% to $5.10. The strategy …
• 10 August

  Binance and BBVA Join Forces for Secure Crypto Custody Solutions

  

  Binance, the world’s leading cryptocurrency exchange, has partnered with Spain’s BBVA to offer off-exchange custody services, enhancing security for institutional investors. This collaboration, reported by the Financial Times on August 7, 2025, allows clients to store digital assets, primarily U.S. Treasuries used as trading margin, with BBVA, reducing risks tied to centralized exchanges. The move addresses concerns sparked by the …
• 10 August

  Ethereum Surge Elevates Vitalik Buterin to Billionaire Status Again

  

  Ethereum co-founder Vitalik Buterin has regained his “onchain billionaire” title as Ether (ETH) soared past $4,200, boosting his publicly known crypto holdings to over $1 billion, according to on-chain data. This marks a remarkable recovery from the 2022 bear market, when ETH prices plummeted below $1,000. The recent ETH price surge is driven by renewed market optimism, fueled by growing …
• 9 August

  Ethereum Soars Past $4,000, Signals Robust Crypto Market Revival

  

  Ethereum (ETH), the second-largest cryptocurrency by market cap, surged past $4,000 on August 8, 2025, marking its highest level since December 2024, fueled by strong institutional demand and network advancements. Trading at $4,048.74, ETH saw a 3.8% daily gain and a 50% monthly surge, outpacing Bitcoin’s 25% year-to-date growth, per The Block. The rally follows a breakout from a 45-month …
• 9 August

  CrediX Finance Vanishes After $4.5M DeFi Hack, Shaking Crypto Trust

  

  In a shocking blow to the decentralized finance (DeFi) sector, CrediX Finance, a promising lending protocol, has disappeared following a $4.5 million exploit on August 4, 2025. Blockchain security firm CertiK reported that attackers compromised the platform’s multisig admin and bridge wallets, minting unbacked tokens to drain liquidity pools. The stolen funds were bridged from Sonic to Ethereum, then spread …