August, 2025

August, 2025

Terraform co-founder Do Kwon may plead guilty Tuesday morning in US fraud case
Terraforn Labs co-founder Do Kwon plans to plead guilty years after U.S. prosecutors charged him with fraud and money laundering....

The Daily: Strategy nears 3% of bitcoin’s total supply on fifth anniversary of first buy, BitMine’s ETH stack pushes toward $5B, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons....

Ethereum overtakes Bitcoin in year-to-date price gains amid institutional demand surge
The price of Ethereum's native asset ether recently eclipsed $4,000 level for the first time in eight months....

Paxos joins Ripple and Circle in pursuit of seeking national bank charter licenses
Paxos said it has applied for a national trust charter, marking the third crypto firm over the past few months to do so....

Coinbase Ventures buys TON tokens ‘directly from Telegram,’ says TON Foundation exec
Coinbase Ventures has purchased TON tokens “directly from Telegram,” TON Foundation president Manuel Stotz told The Block....

CleanSpark founder assumes CEO role following Zachary Bradford’s resignation
Executive Chairman Matthew Schultz co-founded the Nasdaq-listed bitcoin miner in 2014 and previously served as CEO....

Etherex on Linea Crosses $120 Million TVL Mark Through (3,3) Mechanism
The decentralized exchange (DEX) on Linea surpassed $100 million after its recent token launch....

Stripe Builds Payments Blockchain ‘Tempo’ With Paradigm in Crypto Expansion
Stripe is developing an in-house layer-1 blockchain dubbed “Tempo” in partnership with crypto venture capital firm Paradigm, according to a job advertisement posted on Aug...

Terraform's Do Kwon Set to Plead Guilty in $40 B TerraUSD Fraud
Terraform Labs co-founder Do Kwon is expected to plead guilty on 12 August in a U...

US Subsidiary of Early Chinese Game Dev Snail Digital Explores Stablecoin
Snail Inc. is selling its shares to fund its “digital asset initiative,” including a possible stablecoin....

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