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Coinbase has urged US lawmakers to modernize the Bank Secrecy Act (BSA) by incorporating Zero-Knowledge Proofs (ZKPs) into the country’s financial compliance framework.
In an Aug. 4 statement, Coinbase’s Chief Legal Officer Paul Grewal argued that ZKPs could enhance financial transparency while simultaneously protecting consumer privacy.
Why Zero-Knowledge Proofs?
According to him, the existing...
No public company in the United States merely holds gold as its corporate purpose, but a firm listing itself around its TON holdings is entirely viable (and in the works).
While gold ETFs have existed for years, the Strategy-style (formerly MicroStrategy) treasury play isn’t viable for gold.
As token-backed narratives gain traction, a new class of publicly traded companies is adopting a strategy...
Aave DAO has repurchased 70,000 AAVE tokens, or 0.5% of its total supply, in less than six months of its token buyback initiative.
In an Aug. 4 post on X, DeFi analysis platform Token Logic stated that the platform acquired these tokens for $15.7 million at an average purchase price of $223.33 per token.
The platform also stated that the DeFi protocol has an unrealized profit of $2.6 million...
Bitcoin futures began August with a significant recalibration in positioning. In the first four days of the month, aggregate futures open interest (OI) fell from $83.63 billion to $79 .85 billion, a $3.78 billion drop in notional terms. This followed Bitcoin’s price dropping around 2.8%, indicating that most of the decline stemmed from position closures rather than mark-to-market effects.
Chart...
USDe’s market cap surged from approximately $5.33 billion on July 17 to over $9.3 billion by August 4, marking a nearly 75% increase and propelling it into the number three slot among all stablecoins, behind only USDT and USDC.
The sudden rise has positioned Ethena’s synthetic dollar among top-tier stablecoins while also raising questions about whether a delta-neutral, crypto-native asset can...
BitMine Immersion Technologies, the largest corporate holder of Ethereum, revealed that its total holdings are now at 833,137 ETH valued at over $2.9 billion, according to an Aug. 4 statement.
This development places BitMine far ahead of previous frontrunner SharpLink, which reportedly holds 438,000 ETH.
With this latest acquisition, BitMine has also climbed to third place globally in overall...
Crypto investment products saw a $223 million outflow last week, ending a 15-week period of consistent inflows, according to CoinShares’ latest weekly report.
This marked a significant shift from the trend earlier in the week, which started with $883 million in inflows.
James Butterfill, Head of Research at CoinShares, explained that broader macroeconomic conditions in the US likely triggered the...
Charles Hoskinson, the founder of Cardano, has publicly defended his influence on the blockchain network’s development following growing criticism.
In an Aug. 3 post on X (formerly Twitter), Hoskinson addressed the negative claims suggesting that his leadership was detrimental to Cardano’s progress.
Hoskinson pointed to the success of his other project, Midnight, highlighting its significant...
Bitcoin and other leading cryptocurrencies are showing signs of recovery following a sharp dip last week, primarily driven by macroeconomic factors.
Over the past week, Bitcoin’s price dropped 4%, hitting a multi-week low of $112,000, which prompted Arthur Hayes, co-founder of BitMEX, to warn that ongoing macroeconomic pressures could push BTC back toward the $100,000 range.
However, Maksym...
Geneva, Switzerland – August 3, 2025 – Justin Sun, founder of TRON, successfully completed a historic journey to space aboard Blue Origin’s 14th human spaceflight and the 34th flight for the New Shepard program. With the successful completion of this mission, Sun becomes the youngest Chinese-born commercial astronaut and the first entrepreneur from the cryptocurrency industry featured on the...