Elon Musk Announces $100 Million Crypto Giveaway to Celebrate U.S. Government’s Pro-Crypto Shift
August 8, 2025 – In a groundbreaking move that’s sending shockwaves through the cryptocurrency world, Tesla and SpaceX CEO Elon Musk has announced a massive $100 million giveaway to mark what he calls a “historic victory” for digital assets. The announcement comes on the heels of the new U.S. administration’s complete reversal on crypto policies, […]
Vitalik backs Ethereum treasury firms, but warns of overleverage
Vitalik Buterin said public companies that buy and hold Ether broaden the token’s access to a wider range of investors, but cautioned on leveraging too heavily. Ethereum co-founder Vitalik Buterin threw his support behind Ether ETH$3,893 treasury companies, but warned that the trend could spiral into an “overleveraged game” if not handled responsibly. In an interview […]
Bitcoin dip to $112K lacks whiff of altcoin summer: Bitfinex
The performance of altcoins this week suggests “rapid derisking across the high-beta segments” of the crypto market. “Speculative appetite” declining across the crypto market Several major altcoins also slumped in the past week. Solana SOL$163.18 has been down 9.45% over the past seven days, while XRP XRP$2.92 has retraced 5.48% and Dogecoin DOGE$0.1995 has been down 10.80%. “Interestingly, […]
Crypto exec to pay $10M to settle SEC claims over betting on TerraUSD
The founder of lending firm MyConstant agreed to pay over $10 million to the SEC to settle claims that he used investors’ money to buy the now-collapsed Terra stablecoin. The creator of a now-defunct lending platform agreed to pay more than $10.5 million to settle US Securities and Exchange Commission claims that he used investor […]
Binance founder Changpeng Zhao seeks dismissal of $1.8B FTX lawsuit
Changpeng Zhao has asked a court to dismiss FTX’s $1.8 billion lawsuit over a share buyback deal the bankrupt exchange claims was funded with misused assets. Former Binance CEO Changpeng Zhao asked the court to dismiss a lawsuit by FTX that seeks to recover almost $1.8 billion from a deal between Binance and FTX, which […]
4 countries that let you buy citizenship or a golden visa with crypto
Citizenship and residency via crypto are now possible in countries like Vanuatu, El Salvador and Portugal, with investment requirements ranging from $100,000 to $1 million. Key takeaways Crypto and globality are a strong mind-map pair in 2025. It might not be that much of a surprise, then, that both citizenship-by-investment crypto programs and golden visas […]
ECB: Cash is ‘here to stay’ even as digital euro advances
ECB Executive Board member Piero Cipollone said that a digital euro will not replace physical money but complement it to preserve payment autonomy. As stablecoins and private digital currencies gain traction globally, the European Central Bank (ECB) doubled down on its commitment to keep public money, both physical and digital, at the core of Europe’s […]
$110K support key as Bitcoin enters bear month with a 5% dip: Analyst
The month of August has historically been a bearish one for Bitcoin, and is already off to a choppy start. Bitcoin will likely need to hold above the $110,000 support level to get a chance at retesting its all-time high, according to an analyst, as Bitcoin fell 5% over the weekend. Bitcoin fell from about […]
5 countries where crypto is (surprisingly) tax-free in 2025
Looking to live tax-free with crypto in 2025? These five countries, including the Cayman Islands, UAE and Germany, still offer legal, zero-tax treatment for cryptocurrencies. Key takeaways Tax-free countries for crypto investors in 2025 As crypto adoption explodes, so does the scrutiny from tax authorities. However, not every country is clamping down. In fact, a […]
Crypto victim loses $908K in sophisticated phishing attack
A victim lost $908,551 in a crypto phishing scam 15 months after signing a malicious approval transaction. The scammer waited until two large deposits were made before striking. A crypto user lost $908,551 to a wallet-draining scam 458 days after unknowingly signing a malicious approval transaction, onchain data shows. The attack originated from an ERC-20 […]
