Everything web3, crypto, defi, degen
August 19, 2025 | Asset Listings We’re thrilled to announce that ALKIMI is available for trading on Kraken! Funding and trading ALKIMI trading is live as of August 19, 2025. To add an asset to your Kraken account, navigate to Funding, select the asset you’re after, and hit ‘Deposit’. Make sure to deposit your tokens…
In brief Illinois Governor J.B. Pritzker signed the Digital Assets and Consumer Protection Act (SB1797), giving regulators authority over crypto exchanges and mandating fraud safeguards. Pritzker also signed the Digital Asset Kiosk Act (SB2319), requiring ATM operators to register, cap fees at 18%, limit transactions, and refund scam victims. Illinois now has about 1,482 crypto…
In brief The SEC will decide on the Truth Social Bitcoin and Ethereum ETF on October 8, likely after a rules change request from two exchanges that could shorten approval processes. The agency delayed decisions on XRP funds from Grayscale, Bitwise, CoinShares, Canary Capital, and 21Shares. It also pushed back deadlines on separate Dogecoin and…
In brief Charles O. Parks III, aka “CP3O,” has been sentenced to just over a year in prison for a $3.5 million cryptojacking scheme. Parks mined nearly $1 million in cryptocurrency using stolen cloud computing power. He has forfeited $500,000 and a Mercedes-Benz, with restitution pending. A Nebraska man has been sentenced to one year…
In brief On- and off-ramp companies are attractive M&A targets, according to VanEck Ventures’ Juan Lopez. They are increasingly being viewed as valuable touch points for facilitating payments through stablecoins, he said. In the past, they were viewed primarily as a way to fund crypto exchange accounts. Companies that serve as connective tissue between digital…
In brief XRP is at a crossroads: does it head back up towards $4, or all the way back down to $2? Myriad users say there’s a nearly 64% chance XRP shoots for the moon versus heading back towards doom. Are they right? Let’s dive in. The XRP Army has drawn the line: the $3…
In brief OKX completed a burn of $26 billion worth of OKB tokens on Ethereum on Friday. The burn is part of a supply restructuring that reduces the overall token supply to just 21 million, like Bitcoin. OKB is up nearly 100% on the week and is the biggest gainer among the top 100 crypto…
CRYPTO DROPS AFTER PPI, HUGE LIQUIDATIONS, TRUMP-PUTIN TO MEETCrypto drops after hot US PPI, $1.1bn of liquidations. US only wants budget neutral BTC accumulation. US government owns $24b crypto: Arkham. Lummis makes renewed push for BITCOIN Act. Altcoins continue to drop versus ETH. $3.2bn ETH queued to leave staking. HYPE nears $50 as volume hits…
In brief OFAC sanctioned Garantex on Thursday for its role in processing more than $100 million linked to illicit activities. It also blacklisted six businesses and three executives tied to the exchange. Blacklisting platforms that offer services aimed at circumventing sanctions is crucial to OFAC’s mission, an analyst said. The U.S. Department of Treasury’s Office of…
In brief Cathie Wood’s Ark Invest added 2.5 million shares of Bullish (BLSH) amid the exchange’s IPO on Wednesday. Shares of Bullish tripled in price after hitting the market at $37, but have settled to nearly $75 as of Thursday afternoon. The mark gives Ark Invest nearly $189 million worth of BLSH, as of this…
