Tech

August, 2025

• 6 August

  Crypto Treasuries Losing Steam? Novogratz Signals Shift in 2025

  

  Galaxy Digital CEO Michael Novogratz has cautioned that the crypto treasury trend, where firms and DAOs hoard digital assets like Bitcoin and Ethereum, is waning. Speaking at a Bloomberg event on August 5, 2025, Novogratz noted that the initial frenzy—driven by 2024’s bull market and firms like MicroStrategy holding $27 billion in Bitcoin—is cooling as organizations prioritize risk management and …
• 6 August

  Binance’s CZ Seeks to Dismiss $1.76B FTX Clawback Lawsuit

  

  Changpeng “CZ” Zhao, Binance’s co-founder, has filed a motion to dismiss a $1.76 billion lawsuit from FTX’s bankruptcy estate, escalating tensions in the crypto industry. Filed on August 4, 2025, in Delaware’s U.S. Bankruptcy Court, CZ’s motion argues that the court lacks jurisdiction over him as a UAE resident and that the 2021 share repurchase deal, central to the lawsuit, …
• 6 August

  Crypto Treasuries Losing Steam? Novogratz Signals Shift in 2025

  

  Galaxy Digital CEO Michael Novogratz has cautioned that the crypto treasury trend, where firms and DAOs hoard digital assets like Bitcoin and Ethereum, is waning. Speaking at a Bloomberg event on August 5, 2025, Novogratz noted that the initial frenzy—driven by 2024’s bull market and firms like MicroStrategy holding $27 billion in Bitcoin—is cooling as organizations prioritize risk management and …
• 6 August

  $1.95B Bitcoin Trade and Trump’s Order Spark Bearish Fears Below $115K

  

  A colossal $1.95 billion Bitcoin (BTC) trade by Galaxy Digital, acquiring 4,272 BTC in Q2 2025, has rattled crypto markets, coinciding with President Donald Trump’s executive order establishing a Strategic Bitcoin Reserve. The order, signed March 7, 2025, mandates holding 200,000 seized BTC, worth $17 billion, and explores budget-neutral acquisitions, per White House Crypto Czar David Sacks. However, it disappointed …
• 6 August

  DeepSeek AI’s Bold 2025 Price Forecasts for XRP, Pepe, Shiba Inu

  

  China’s DeepSeek AI has unveiled bullish 2025 price predictions for XRP, Pepe Coin, and Shiba Inu, sparking excitement among crypto investors. Leveraging machine learning, market trends, and on-chain analytics, DeepSeek forecasts significant gains by year-end, driven by regulatory shifts and ecosystem growth. For XRP, DeepSeek projects a climb to $5, a 63% jump from its current $3.08, fueled by Ripple’s …
• 6 August

  SEC’s Liquid Staking Guidance Earns Praise from Paul Atkins

  

  The U.S. Securities and Exchange Commission (SEC) issued a landmark staff statement clarifying that certain liquid staking activities do not constitute securities offerings, a move hailed by SEC Chairman Paul Atkins as a “significant step forward” in crypto regulation. Liquid staking, where users stake assets like Ethereum or Solana and receive tradable receipt tokens for DeFi applications, now faces reduced …
• 6 August

  Lancashire Police Transform Seized Bitcoin into £500K Crime-Fighting Fund

  

  Lancashire Police have turned seized Bitcoin into a £500,000 boost for crime prevention, marking a UK first under the Proceeds of Crime Act. In a 2017 fraud case, thieves converted stolen funds into Bitcoin, which surged in value to £1 million by the time wallets were frozen. After fully compensating the victim, UK law, which prohibits overpayment, left a £1 …
• 6 August

  Trump 2028? Former President Sparks Speculation on Another Run

  

  Former President Donald Trump has ignited political buzz by suggesting he might run for president again in 2028, despite constitutional limits. In a May 2025 NBC “Meet the Press” interview, Trump, now 78, claimed there are “methods” to seek a third term, though he later clarified he’s “not looking to do” it, focusing instead on his current term ending in …
• 6 August

  Solana’s Seeker Phone Ships Globally, Fueling $1,000 SOL Price Hopes

  

  Solana’s ecosystem is buzzing as its second-generation Web3 smartphone, the Seeker, begins shipping to over 50 countries, with 150,000 pre-orders signaling strong demand. Priced at $450-$500, the Seeker, launched August 4, 2025, integrates a Solflare wallet, Seed Vault, and access to 2,500+ decentralized apps (dApps), aiming to mainstream blockchain use. This milestone has sparked optimism for Solana (SOL), with some …
• 6 August

  Galaxy Digital Eyes Tokenized GLXY After $9B Bitcoin Trade Triumph

  

  Galaxy Digital, a leading crypto financial firm, is exploring tokenizing its Nasdaq-listed GLXY shares, following a landmark sale of 80,000 BTC worth over $9 billion for a Satoshi-era investor. Announced on July 25, 2025, the transaction underscores Galaxy’s robust trading infrastructure, handling one of the largest Bitcoin deals ever, driven by an early investor’s estate planning strategy. Despite a 43% …