Tech

August, 2025

• 27 August

  Bitcoin on Thin Ice: Support Weakens as $100K Crash Fears Loom

  

  Bitcoin’s price is teetering on the edge, with fears of a potential crash to $100,000 growing as key support levels weaken. The cryptocurrency, trading at $110,360 on August 27, 2025, has dipped below critical thresholds, raising alarm among traders. Analysts warn that a failure to hold the $108,695–$110,000 zone could trigger a sharp decline, potentially wiping out billions in market …
• 26 August

  Bitcoin Derivatives Market Hits $135.76 Billion – A New Milestone

  

  The Bitcoin derivatives market reached an unprecedented $135.76 billion in open interest on August 26, 2025, driven by surging institutional and retail demand for futures and options. This milestone, reported by Bitcoin News, reflects Bitcoin’s growing role as a mainstream financial asset, with prices stabilizing between $109,214 and $110,356. Derivatives, including futures, options, and perpetual swaps, allow traders to speculate …
• 26 August

  BYDFi Scores Big: Newcastle United Announces Strategic Partnership

  

  Newcastle United, a Premier League powerhouse, announced a multi-year partnership with cryptocurrency platform BYDFi on August 26, 2025, marking a bold step into digital finance. The collaboration aims to enhance fan experiences through blockchain-based initiatives and innovative digital engagements, aligning with the club’s global growth strategy. Peter Silverstone, Newcastle’s Chief Commercial Officer, hailed BYDFi as an “ambitious, forward-thinking brand” that …
• 26 August

  Binance & Tether Zero In on Korea: What’s Driving the Watch?

  

  South Korea’s vibrant crypto market, driven by retail enthusiasm and exchanges like Upbit and Bithumb, has drawn intense focus from Binance and Tether as the country tightens regulations under the Virtual Asset User Protection Act (VAUPA), effective July 2024, with further stablecoin rules expected by October 2025. South Korea, a global crypto trading hub where the Korean won ranks among …
• 26 August

  Monero Security Tested as Qubic Hits 58% Hashrate—and Passes

  

  Qubic mining pool briefly controlled 52.72% of Monero’s (XMR) hashrate, peaking at 3.01 GH/s, raising fears of a 51% attack that could enable blockchain reorganization, transaction censorship, or double-spending. Despite crossing the critical threshold, Monero’s privacy-focused network showed resilience, with no malicious activity detected, affirming its robust RandomX algorithm designed to resist mining centralization. Led by IOTA co-founder Sergey Ivancheglo, …
• 26 August

  Sling Money Lands in Mexico, Simplifying Remittances for Millions

  

  Sling Money, a cutting-edge cross-border payments platform, launched in Mexico on August 26, 2025, aiming to transform the $63 billion U.S.-Mexico remittance corridor, the world’s second-largest. This expansion enables millions of Mexican immigrants in the U.S. to send money home instantly and fee-free, addressing the high costs and delays of traditional services like Western Union. Leveraging the Solana blockchain and …
• 26 August

  Canary Capital Pushes Trump Memecoin ETF Into SEC’s Court”

  

  Canary Capital has filed an S-1 form with the U.S. Securities and Exchange Commission (SEC) on August 26, 2025, to launch a Trump Coin ETF, aiming to track the Solana-based TRUMP memecoin linked to U.S. President Donald Trump. This follows the firm’s Delaware registration on August 13, signaling a bold move to bring memecoins into mainstream finance. The ETF would …
• 25 August

  Galaxy, Jump, and Multicoin Eye $1 Billion to Acquire Solana

  

  Galaxy Digital, Jump Crypto, and Multicoin Capital are in talks to raise $1 billion to create the largest Solana (SOL) treasury, aiming to reshape institutional investment in blockchain technology. According to Bloomberg, the firms are collaborating with Cantor Fitzgerald to acquire a publicly traded company, transforming it into a Solana-focused digital asset treasury, with the deal expected to close by …
• 25 August

  Webull Restarts Crypto Services in the US Amid Growing Demand

  

  Webull Corporation (NASDAQ: BULL), a leading online brokerage, relaunched cryptocurrency trading for U.S. users on August 25, 2025, after a two-year hiatus prompted by regulatory challenges during its 2023 IPO preparations. The move, announced via PR Newswire, reintegrates crypto trading into the main Webull app, allowing seamless 24/7 trading of over 50 digital assets, including Bitcoin (BTC), Ethereum (ETH), and …
• 25 August

  Prediction Marketplace Kalshi Names John Wang to Drive Crypto Strategy

  

  Kalshi, a leading U.S.-regulated prediction market platform, has named John Wang, a prominent crypto influencer and former founder of Armor Labs, as its head of crypto business to bolster its digital asset initiatives. Announced on August 25, 2025, this strategic hire underscores Kalshi’s ambition to integrate cryptocurrencies like USDC, Bitcoin, and Solana into its platform, capitalizing on the growing crypto …