Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Standard Chartered and Animoca Brands don join form Anchorpoint Financial, one joint venture to issue licensed HKD stablecoin under Hong Kong new rules dem set. The venture enter HKMA stablecoin sandbox for July, dem apply for official issuer license for August 1. HKMA CEO Eddie Yue expect say about 40 companies go apply, but less than 10 go fit get approval. As licensed HKD stablecoins show face, dem go give better liquidity, new trading pairs, and more blockchain use. Traders suppose dey watch how dem dey process license, possible stablecoin launch, and institution dem involvement as Hong Kong stablecoin law plus US GENIUS Act dey run.

Quid Miner na registered for UK, na mobile cloud mining platform, dey allow users for over 180 countries to dey mine Bitcoin (BTC), Ethereum (ETH) and XRP directly from smartphones. The mobile cloud mining service dey run AI-optimized hashing algorithms for renewable energy-powered UK data centers, wey dey make sure say mining dey energy-efficient. New users go get $15 free trial wey dey yield $0.60 per day, while paid contracts dey from $100 two-day Bitcoin Intro Plan ($4/day) to $600 six-day XRP Growth Plan ($7.20/day), plus high-yield options reach $50,000 for 45 days. Quid Miner mobile-first design dey lower technical barriers with easy iOS/Android app, real-time earnings dashboards and smooth multi-coin conversion (including DOGE). Them dey operate under UK regulatory oversight, give loyalty perks and up to 4.5% referral bonuses. This service allow crypto traders to diversify passive income sources as ETH dey near $4,000 and institutional XRP adoption dey grow.

Pump.fun don launch Glass Full Foundation (GFF) to put targeted liquidity inside some Solana memecoins wey dem select. Dis new plan wan make market deeper for projects wey get loyal community. Money don dey move already, but dem never talk where the money dey come from or how dem dey choose. Dis thing come as Pump.fun dey face big fall for money wey dem dey make. On-chain data show say daily money drop from $7 million during January memecoin boom to about $200,000 now. The foundation wan make market stable and make traders trust again. The competitor launchpad LetsBonk.fun, wey Bonk community dey support, don already get market share for token release. Traders suppose dey watch the planned liquidity injections for the chance to support price and make Solana memecoins trade more.

Gate exchange don become di first to fully join WLFI’s USD1 stablecoin, dem launch one strong loyalty program wey dey reward users for USD1 spot trading, conversions, staking, limit orders and Launchpad participation. Points wey dem dey earn fit use take reduce trading fees, collect tokens for free and enjoy special platform benefits. As di second biggest USD1 stablecoin holder for di world wit license for North America, Asia and Middle East, Gate dey make sure say everything comply and secure. Big platforms like KuCoin go join di USD1 ecosystem, wey show say dem dey move from stablecoins wey be value anchor to service-driven assets wey dey focus on user incentive. Dis loyalty program fit set new standard for di industry, boost USD1 stablecoin liquidity, trading volume and user engagement.

PreStocksFi don drop tokenized pre-IPO stocks for Jupiter, Solana top DEX aggregator. Dis new tokenized pre-IPO stocks dey enable 24/7 trading of shares for SpaceX, OpenAI, Neuralink, Kraken, Discord, Epic Games, Anduril, xAI and Perplexity AI. The pre-IPO tokenized stocks join hand with MeteoraAG, dem use decentralized liquidity market maker (DLMM) pools to minimize price wahala and make sure say no slippage happen for initial liquidity bootstrapping phase. E fit dey accessible through Jupiter web and mobile interfaces, dis launch dey democratize private equity, make DeFi traders fit waka enter high-profile pre-IPO shares easy. The integration na big step for real-world asset tokenization and e dey open market to more people, not only big institutions.

Ethereum co-founder Vitalik Buterin don change priority for Layer 2 scaling, e dey focus on make Layer 2 withdrawal take just 1 hour, no be to push for maximum decentralization. E talk say make person wait for week before withdrawal no good for user experience and e dey make cross-chain costs high because liquidity dey locked for intent-based bridges like ERC-7683. To solve dis one, Vitalik propose one 2-of-3 hybrid proof system wey combine ZK proofs, Optimistic Rollups, and Trusted Execution Environments (TEE). Dis method go make Layer 2 withdrawal fast inside one hour and make 12-second finality happen without waiting for full ZK maturity. Dis change from idealistic decentralization fight to correct performance goals go set ground for rollup-centric Ethereum wey Layer 1 go be settlement and liquidity hub. Success go depend on how dem fit reduce ZK proof gas costs wey now pass 500k gas, plus how dem fit put proofs together across rollups into per-slot submissions every 12 seconds. L2 projects wey dey focus on ZK optimization go gain more traction, but those wey dey rely only on Optimistic Rollups fit fall behind.

XRP don jump pass $3, e rise like 4.5% inside 24 hours as hope dey grow about SEC appeal for the Ripple lawsuit. Lawyer Bill Morgan talk say SEC fit comot their appeal before the joint-report deadline wey be August 15. This one na because conditional settlement dey between Ripple and SEC to end the legal battle wey don near five years. If court approve the settlement, the case go come back to district court make them finalize am. Traders believe say if SEC comot the appeal, e go bring regulatory clearity and good momentum for XRP. The July 2023 ruling talk say retail XRP sales no be securities, but institutional transactions na securities, e put $125 million fine. The latest update reduce regulatory wahala, make investors confident, and fit affect wider crypto law and market feeling.

Green Dildo Coin memecoin prank wey dem do for WNBA games cause two pipo arrest after fans throw five green dildos for courts for two weeks. Kaden Lopez and Delbert Carver, wey no be core team members, face charges like public indecency, disorderly conduct and trespass. WNBA yan say di stunt no safe and e no respect. Memecoin spokesman Daldo Raine talk say di court interruption na to protest toxic crypto culture, where green represent bullish market candles. Di matter show say bold memecoin marketing stunts dey happen as memecoin market cap don drop 45% to $706 billion since December, and platform revenues fall 80%. Crypto traders suppose keep eye for memecoin market volatility and how people feel, as these kind disruptive campaigns fit cause price waka and affect how token dem trade.

Bybit don yan announce say dem go start spot trading for Sidekick (K) on August 8, 2025. Sidekick na Web3 livestreaming platform wey make e easy for creators and audience to dey interact for real-time. This new listing go allow traders deposit and trade K token for USDT pairs. Bybit add Sidekick come expand their altcoin offerings and boost liquidity for K. This move show say Bybit dey support new Web3 projects and dey give early access to fresh tokens. Traders suppose dey watch K/USDT market depth, trading volume, and price action for better chances. The listing fit make trading activity increase for Bybit spot market and e fit affect K price both short and long term.

Upbit don add IP token for im KRW spot market and the existing BTC and USDT trading pairs dem. Deposit and withdrawal for IP token don open before di launch. Dis listing go create direct IP/KRW trading, wey go boost liquidity and trading volume. Traders suppose dey watch order-book depth, price spreads plus potential volatility or arbitrage opportunities. Upbit continue dey expand im KRW spot offerings fit bring new demand from domestic investors and make IP market stability better for long term.

Hyperliquid, one Solana-based decentralized exchange, post record $319 billion for DeFi perpetual futures trading volume for July. Dis na di highest monthly total wey ever happen for any DeFi perpetual futures DEX. According to DeFiLlama, Hyperliquid make 35% of blockchain trading revenue that month. VanEck analysts talk say the surge na because e get user-friendly interface and dem dey list aggressive spot trading since April. The July milestone make total DeFi perpetual futures volume increase to $487 billion, 34% higher than June wey be $364 billion. EdgeX and MYX Finance come second and third with $21 billion and $9 billion respectively. Even with 37-minute downtime on July 29, Hyperliquid quickly pay affected users $2 million back. By end of July, e user base don pass 604,400, up from 488,000 for early June. Dis performance show say demand for DeFi perpetual futures for decentralized exchanges dey grow. As DeFi platforms dey challenge centralized exchanges, Hyperliquid surge show how traders prefer contracts wey easy to access.

Blockchain agriculture dey reshape farming by improving how supply chain dem dey see, secure land titles and reduce food waste. For 19th Clear Crypto Podcast episode, Dr Yana Leonova talk about top projects like IBM Food Trust and WWF’s OpenSC wey dey track farm produce onchain, plus one UAE farm-to-table project wey fit cut waste by $6 billion. Dem dey use smart contracts and tokenization to automatically pay small farmers fair without middlemen. Immutable ledgers go protect farmer land ownership when paper work fail. Hosts Nathan Jeffay and Gareth Jenkinson talk say the real blockchain agriculture solution no be just crypto speculation but na big step for sustainable and data-driven food security.

Australia Securities and Investments Commission (ASIC) don charge four men wey dey Victoria for crypto laundering wey relate to big fake bonds scam. From January 2021 reach middle 2023, ex-barrister James Podaridis, Bill Floropoulos, Peter Delis and Harry Tsalikidis dem allegedly carry investors’ money go bank accounts, transfer am abroad or change am to crypto through digital exchanges. Dem use fake comparison sites, Facebook ads and fake prospectuses promise fixed returns of 4.5–9.5% every year for one to ten years. ASIC talk say dem handle criminal money anyhow, Podaridis and Floropoulos face 28 counts each, Tsalikidis 12 counts and Delis eight. Committal mention dey set for 30 October 2025 under Commonwealth Director of Public Prosecutions. This crypto laundering case dey show say regulators dey watch digital asset well well and say dem need stronger anti-money laundering measures. Traders suppose dey watch how enforcement dey go as ASIC dey tighten grip on illegal fund transfers for crypto market.

Block wey Jack Dorsey dey lead don boost dia Bitcoin treasury by 108 BTC for Q2, make dia total reserves reach 8,692 BTC, na so HODL15Capital data talk am. Dis kain accumulation put Block dey on the same level with other big institutional holders like MicroStrategy and Tesla, e dey reinforce the trend of Bitcoin corporate adoption. Block don put Bitcoin inside dia Cash App and dem dey build TBD division for decentralized finance, wey go expand BTC usage for real world. The company see Bitcoin as hedge against inflation and economic wahala. Traders suppose sabi say ongoing corporate buys fit boost market confidence, improve liquidity, and help maintain Bitcoin price steady for long term.

Perle, one Web3 AI startup, don close $9 million seed fund round wey Framework Ventures lead, make their total fund reach $17.5 million after dem raise $8.5 million pre-seed for October 2024. This round show say market get strong confidence and institutional interest from one crypto-focused VC for artificial intelligence and decentralized data solutions. Traders suppose note this kind crossover funding as signal say blockchain and Web3 AI dey join body more. Di company plan launch Perle Labs, one blockchain-based platform wey go record data contributions and use crypto-economic incentives to decentralize data labeling, reduce bias, and make AI model performance better. The new money go help grow their team, automate data preparation processes and expand market reach. This development fit spark more innovation for blockchain-powered AI and Web3 AI solutions, fit shape how dem dey allocate assets inside crypto ecosystem.

Animoca Brands and Provenance Blockchain don launch NUVA, one chain-agnostic RWA marketplace wey dey connect tokenized real-world asset issuers with investors. This RWA marketplace bring out two unified vaults: nuYLDS, one yield-bearing stablecoin security (YLDS), and nuHELOCs, fixed-interest home equity loan vault wey Figure Technologies back am. NUVA go issue native governance token for staking and governance, make e broad more access to institutional-quality assets across multi-chain ecosystem. Back by Provenance’s $15.7 billion ecosystem, and targeting the projected $30 trillion RWA market by 2030, NUVA dey improve liquidity, transparency, and fractional ownership, and e go give crypto traders new diversification and yield chances.

Robinhood listin for ONDO and FLOKI give both tokens exposure to over 25 million users and trigger 8–10% price rallies. The Robinhood listin add legitimacy and liquidity, with FLOKI climb above $0.00011 and ONDO near $1. ONDO na DeFi protocol for real-world asset tokenization. E get OUSG token wey dey offer short-term US Treasury yields and e get partnership with BlackRock, Mastercard and Goldman Sachs. Analysts dey target ONDO at $1.62 for short term and $2.30 for medium term, following 21Shares’ spot ONDO ETF filing. Floki Inu don evolve from meme token to $1 billion ecosystem wey get metaverse game, DeFi utilities, educational platform and crypto debit card. Robinhood listin bring big rise for trading volume and liquidity. Traders suppose monitor trading volume, key resistance levels and overall altcoin trends for steady momentum. Consistent market rebound go important to maintain gains from this Robinhood listin.

According to Pantera Capital’s 2024 Blockchain Compensation Survey, worldwide crypto payroll adoption waka jump from 3% for 2023 to 9.6% for 2024, while fiat payments drop from 95% to 85%. USDC dey dominate crypto payroll, cover pass 60% of payouts, followed by USDT around 28–38%, with SOL and ETH at 1.9% and 1.3% respectively. Companies and DAOs talk say better settlement speed, lower fees plus transparent US Treasury–backed reserves (through Circle’s monthly reports) na the main drivers. Asia-based teams be major growth engine, dem dey use stablecoins to sidestep high transfer costs and banking restrictions. Hybrid crypto payroll models allow workers to split pay between fiat and crypto, supported by better platforms, real-time rails and improved tax tracking. As more firms dey formalize crypto operations and regulators dey show acceptance, crypto payroll dey ready to expand further, boost stablecoin utility for cross-border payments.

Crypto scam don reach $9.9 billion for 2024 as 90% of UK crypto apps no pass anti-money laundering (AML) compliance checks. Fraudsters dey use digital assets well well to wash money wey dem collect from traditional finance. Dis one make people dey call make dem share data across industries sharply to stop financial crime. Industry experts like Cifas CEO Mike Haley dey talk say make dem join crypto on- and off-ramps with normal payment data, make AML defense strong well through upstream data flow, plus work with fraud prevention pros wey sabi well. Dem talk say if dem share data more, everybody go sabi how fraud dey go and e go make AML compliance strong. UK regulators support dis plan: one ICO judgement talk say data protection rules no suppose block fraud prevention, and Data (Use and Access) Act 2025 consider crime prevention as legit interest. Future rules for digital assets go make consumer protection and data sharing mandatory. If dem expand public-private efforts like Joint Money Laundering Intelligence Taskforce to include crypto, e fit make market strong and help catch scam early.

Scenius Capital don close $20 million fund wey dem oversubscribe small to invest for emerging crypto venture capital funds. The fund go back small seed and Series A managers wey get sector, regional or thematic advantages, to strong the emerging crypto venture capital funds ecosystem. The firm dey emphasize bitcoin allocations, dem dey invest for managers wey get BTC beta, trade around BTC or dem denominate funds for BTC. ParaFi, wey be strategic backer, don buy GP stake for Scenius Capital to fund the business lines expansion plus token capital markets advisory services. With support from crypto-native limited partners, Scenius wan use the evolving regulation take push ecosystem development and boost innovation for early-stage blockchain projects.

For August 7, 2025, di crypto exchange HTX join hand wit World Liberty Financial (WLFI) to list and support USD1, compliance-focused stablecoin wey dey fully backed by U.S. Treasuries, cash and dollar deposits. With di USD1 Points Program, HTX users fit earn loyalty rewards by trading USD1 pairs, holding USD1 balance, and staking USD1 tokens. WLFI, plus di Trump and Witkoff families them co-founder, wan make USD1 stablecoin be core layer for digital payments, trading and DeFi worldwide. Justin Sun, HTX advisor, talk how stablecoin adoption fit drive digital finance and show HTX commitment to compliant, user-focused innovation. Dis plan go help boost USD1 acceptance, increase trading volume, plus support sustainable growth inside stablecoin space.

On August 7, Ethereum climb 5.5% to $3,818, push record on-chain metrics—highest transaction volume for one year plus almost 30% of ETH wey dem stake—and cause pre-market gain reach 10% inside US ETH-linked treasury stocks like SBET, BMNR and BTCS. Analysts say the rally na because strong transaction volumes, higher staking levels and recent SEC guidance wey dey ease liquid staking, e spark debate between ETH treasury stocks and spot ETFs. Treasury stocks hold net ETH levels wey equal to ETFs but get regulatory, valuation and capital-structure advantages, Standard Chartered talk. SBET lead with normalized NAV multiples, strong liquidity and recent listing on Injective. Demand from institutions dey grow, e mean say people dey shift from passive Ethereum ETFs to more flexible ETH treasury stocks.

Aave users dem face Google Ads phishing attack just one day after the protocol hit $60 billion for net deposits. Security firm PeckShield detect bad ads wey link to fake Aave investment site wey dey trick users make dem connect their wallets. Once dem connect am, attackers fit comot funds wey no fit return. To protect their money, traders suppose check site URLs well well, move funds go secure wallets, revoke token approvals with services like Revoke.cash, and no dey use address wey don compromise again. This Aave phishing attack through Google Ads show say DeFi security wahala dey rise and e show say we need strong wallet security measures.

Binance don launch $1.2 million BNB airdrop to support users for six flood-hit areas for southern Taiwan. The Binance airdrop get two phases, e dey offer $80 for BNB to users wey confirm their proof of address by August 7, 2025, plus $30 to the first 15,000 new verifications from August 7 to 20. Distribution go start for August 14. CEO Richard Teng yan say this plan show how Binance Charity dey continue to help with crypto disaster relief after dem don do am before for Taiwan, Thailand, Myanmar, and Europe. Besides the airdrop, Binance come publish their 33rd Proof of Reserves report. E show say users get 591,000 BTC (+2.99%), 4.555 million ETH (−9.84%), and 29.85 billion USDT, wey highlight say market dey shift to Bitcoin and stablecoins.

Di crypto regulation for UAE don unify under one 2024 pact wey Securities and Commodities Authority (SCA) and Dubai Virtual Assets Regulatory Authority (VARA) gangan them. Under dis framework, virtual asset service providers (VASPs) wey dem license for any of di two authorities fit now seek mutual license recognition through one single registration system. Di agreement require joint AML/CFT assessments, operational readiness checks, real-time data sharing, plus cross-jurisdictional supervision. One legislative review committee go align rules with global best practices, while ongoing discussion with ADGM dey ensure say cross-border interoperability dey. Traders go benefit from less compliance duplication, faster market entry, and clearer regulatory guidance for UAE digital economy.

Aave dey steady around $265 after e recent small drop, e dey show 3% daily gain even tho e drop 6% for the month. On August 6, net deposits for Aave reach over $60 billion for the first time for DeFi history. Total Value Locked (TVL) rise more than 45% in one month to $34.9 billion. Network fees climb to $65 million for July, show say demand strong for users. The protocol launch im V3 developer toolkit wey get React hooks, SDKs and APIs to make vault deployments better and borrowing strategies dey flexible. Trading activity cool down: 24-hour spot volume drop 13% to $297 million, derivatives volume fall 19.3% to $503.6 million, but open interest rise 4.1% to $561.9 million. Technical indicators dey neutral to small bullish. MACD still dey negative, RSI dey 43.3. Support dey for $250–$255. Important resistance dey for 20-day EMA near $280 and $310–$315. If price move pass $280, e fit trigger breakout, but if e drop below $250, e fit test June lows near $230. Crypto traders suppose watch these levels well for entry and exit points.

After four days wey dem don dey discuss the Tornado Cash trial, the jury never still reach decision on top important charges against co-founder Roman Storm. Judge Katherine Polk Failla give Allen charge to make dem break the deadlock and reject defence request for partial verdicts. Prosecutors talk say Storm promote the Ethereum-based mixer to wash over $1 billion illegal money, including transactions wey concern North Korea’s Lazarus Group. Defence talk say na only open-source code he write and he no fit control how people take misuse am, e bring wider question on developer responsibility for decentralized systems. If dem find Storm guilty for all the charges, e fit jam prison for up to 45 years. The jury split show say e get serious difference of opinion on crypto developer responsibility and e fit set legal precedent for future decentralized software cases.

Orca DAO don propose one dual-treasury strategy wey go boost network security and token value. Di plan na to draw 55,000 SOL and $400,000 USDC from dia treasury. E go stake di SOL for Orca validator nodes for Solana. Di proposal still dey launch 24-month ORCA buyback program with market-timed purchases. Di buybacks fit burn tokens, fund ecosystem grants, or reward xORCA stakers. Dem get transparency measures wey include quarterly reports on purchases, average prices, and on-chain wallet disclosures. After four days governance discussion, five-day on-chain vote plus two-day veto period go decide final approval. Orca DAO SOL staking and ORCA buyback strategy dey aim to reduce circulating supply, increase staking revenue, and signal bullish momentum for SOL and ORCA.

For August 6, Ethereum spot ETFs collect net money stream wey total US$35.12 million, marking second day wey dem get positive flow and show say institutional demand dey steady. BlackRock ETHA lead with fresh capital of US$33.39 million—lift the total net inflow go US$9.489 billion. Grayscale ETHE get US$10.04 million flow even when the full net outflow reach US$4.353 billion, and Grayscale Mini Ethereum Trust see outflow of US$8.67 million. ARK 21Shares CETH add small US$0.37 million. Total assets wey Ethereum spot ETFs manage reach US$20.608 billion, na 4.7% of ETH market cap, with total net inflows wey reach US$9.132 billion. Traders dey look these flows as good signal for Ethereum liquidity and price momentum, e mean market stability go fit increase plus possible gains both short and long term.