Tech

August, 2025

• 4 August

  Cardano Approves 96M ADA Fund to Drive Network Upgrades and Growth

  

  Cardano’s community greenlit a historic 96 million ADA ($71 million) treasury allocation to fuel critical network upgrades, marking a milestone in its decentralized governance. Approved with 74% support via Project Catalyst, the funding empowers Input Output Global (IOG) to enhance scalability, developer tools, and interoperability over a 12-month roadmap, reinforcing Cardano’s position as a leading smart contract platform. The funds …
• 4 August

  Lido Finance Cuts 15% of Workforce to Boost Sustainable Ethereum Staking

  

  On August 4, 2025, Lido Finance, a leading Ethereum liquid staking protocol, announced a 15% workforce reduction across Lido Labs, Lido Ecosystem, and Lido Alliance to ensure long-term sustainability. Co-founder Vasiliy Shapovalov emphasized that the layoffs, affecting about 12 of its 83 contributors, were driven by cost management, not performance issues, amid a competitive DeFi landscape. Lido, managing $31 billion …
• 3 August

  Satoshi Nakamoto Statue Stolen in Lugano: 0.1 BTC Reward Offered

  

  In a twist that has gripped the crypto world, a statue honoring Bitcoin’s mysterious creator, Satoshi Nakamoto, has vanished from Lugano, Switzerland’s Parco Ciani. Unveiled on October 25, 2024, as part of Lugano’s Plan B Forum, the statue symbolized Bitcoin’s anonymity with its innovative disappearing design. Now, its theft has sparked a citywide hunt and a 0.1 BTC reward—worth over …
• 3 August

  Crypto Conquerors: How Coinbase and Bitget Dominate the Market

  

  In a turbulent crypto landscape, Coinbase and Bitget have emerged as industry titans, leveraging strategic moves to outshine competitors. Their success, driven by expansion, compliance, innovation, financial strength, and trust, sets a new standard for exchanges. Global Expansion & Partnerships: Coinbase has bolstered its presence in Europe and Asia, integrating Base-native tools like Smart Wallet to simplify Web3 onboarding (Coinbase …
• 3 August

  HODL Roadshow Unites Dubai and Riyadh for Blockchain Revolution

  

  HODL, the premier Web3 summit, is driving blockchain innovation with a landmark Middle East roadshow in Dubai (October 30-31, 2025) and Riyadh (November 3-4, 2025), fostering collaboration among builders, investors, regulators, and institutions. Following its record-breaking Dubai event in May 2025, which drew 3,000+ attendees and sparked 1,000+ business connections, HODL aims to bridge the UAE and Saudi Arabia’s blockchain …
• 3 August

  Bolivia and El Salvador Forge Crypto Alliance for Digital Future

  

  Bolivia and El Salvador have signed a landmark Memorandum of Understanding (MoU) on July 16, 2025, to advance cryptocurrency adoption and blockchain infrastructure, marking a pivotal step for Latin America’s digital economy. The agreement, formalized by Bolivia’s Central Bank (BCB) and El Salvador’s National Commission of Digital Assets (CNAD), fosters collaboration on regulatory frameworks, blockchain intelligence, and risk analysis, aiming …
• 3 August

  CFTC’s Crypto Sprint Joins SEC’s Project Crypto to Shape U.S. Regulation

  

  On August 1, 2025, the U.S. Commodity Futures Trading Commission (CFTC) launched its “Crypto Sprint” initiative, aligning with the Securities and Exchange Commission’s (SEC) “Project Crypto” to streamline digital asset regulation. Announced by CFTC Acting Chair Caroline Pham, the sprint aims to implement recommendations from the President’s Working Group on Digital Assets, targeting regulatory clarity for cryptocurrencies, stablecoins, and DeFi. …
• 3 August

  Arthur Hayes’ $100K Bitcoin Prediction: Can It Happen in 2025?

  

  Renowned crypto expert Arthur Hayes, former BitMEX CEO, has sparked debate with his bold forecast that Bitcoin could soar to $100,000 soon. With global economic shifts and market dynamics in focus, we examine whether Hayes’ bullish vision holds water. Hayes’ Case for $100K Bitcoin Hayes points to central bank policies, including persistent money printing and low interest rates, as key …
• 3 August

  XRP Shines Amid Crypto Market Outflows and Volatility

  

  As the crypto market grapples with $508 million in outflows and heightened volatility in July 2025, XRP has emerged as a standout, defying the broader downturn. While Bitcoin fell 5.4% to $113,985 and Ethereum faced similar pressure, XRP’s price held steady at $2.83, with trading volume surging 250% in 24 hours, per CoinMarketCap. This resilience has sparked investor interest, positioning …
• 3 August

  Solana Whales Signal Rebound with $59.3M Accumulation

  

  Solana (SOL) is catching the eye of crypto whales amid a volatile market, with on-chain data revealing significant accumulation that could herald a price rebound. Trading at $174.07 on August 3, 2025, SOL has climbed 2.41% in 24 hours, boasting a $102.43 billion market cap despite a broader crypto downturn (CoinMarketCap). Whale activity suggests growing confidence in Solana’s long-term potential. …