CryptoNews

XRP Slides 69% From Peak While Existing Wallet Activity Climbs

XRP closed near $1 on Aug. 13, about 69% below its January 2025 peak. Daily active addresses rose roughly one-third in August, while new-address creation remained virtually unchanged from July. Key Takeaways XRP recorded its lowest daily close since November 2024. Active addresses rose about 35%, while new addresses stayed flat. Higher activity does not confirm growth in individual users. XRP…
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CryptoNews

After BIP-110 Flops, Bitcoin’s Next Soft Fork Faces a Showdown

Bitcoin developers have finished a proposed security cleanup called BIP-54, but winning enough support to activate it may prove harder than writing the code. Key Takeaways BIP-54 would close four Bitcoin consensus edge cases without adding new features. F2pool’s founder opposed BIP-54 on Aug. 10, complicating high-threshold miner activation. Bitcoin’s next test is a BIP-9 vote after BIP-110…
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CryptoNews

Binance Boosts Yields up to 20% for VIP Users

Binance has launched a centralized yield hub that consolidates on-chain yield products for VIP users. The initiative is part of its broader push toward a multi-asset “financial super app” alongside services like Binance Wealth and over-the-counter execution. Key…
CryptoNews

SEC, CFTC Target Goliath Ventures Over $400M Crypto Ponzi

Federal regulators have targeted Goliath Ventures over an alleged crypto Ponzi scheme involving more than $400 million. The CFTC cites 1,600 customers, while the SEC alleges at least $425 million was raised from over 1,300 investors. Key Takeaways About 1,600 customers contributed at least $397 million. The SEC alleges at least $425 million was raised from over 1,300 investors. The CEO already…
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CryptoNews

What Is FINMA? Why Crypto Firms Keep Flocking to Switzerland

Switzerland has turned financial regulation into a competitive machine, pairing the Swiss Financial Market Supervisory Authority, better known as FINMA, with specialized regulatory pathways that have helped make the country one of the world’s premier destinations for…
CryptoNews

$2B Crypto Investor Harry Yeh Plunges to Death in Paraguay

Yeh fell to his death from the 30th floor of the Jade Park Building, one of the highest residential complexes located in Asuncion, Paraguay. Police are investigating whether Yeh, who was found totally naked and covered by a black bag, was alone at the time of his fall. Key…
CryptoNews

Report: North Korea’s Kimsuky Turns AI Into a Crypto Hacking Weapon

North Korea-linked hacking group Kimsuky is building and testing an expanding arsenal of artificial intelligence (AI) tools that researchers say could eventually help automate phishing, analyze stolen data and sharpen malware development. Key Takeaways Kimsuky tested 3 local AI platforms as North Korea expands its cyber capabilities. Genians says Kimsuky has used AI-generated phishing documents…
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