The NFT market cap dropped 12% to $8.1 billion as Ether fell, with CryptoPunks and Bored Apes sliding while Pudgy Penguins climbed into second place. Read More at https://cointelegraph.com/news/nft-market-cap-drops-1-2b-ether-decline?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Monthly Archives: August 2025
Ether ETFs smash records as crypto products see $3.75B inflows
Ether continued dominating ETP inflows last week despite Bitcoin printing new highs above $124,000 and ETH only nearing all-time highs. Read More at https://cointelegraph.com/news/crypto-funds-inflows-3-75-billion-ether-etf-trading-volume-record?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
South Korea’s Jeju City targets crypto holdings of alleged tax dodgers
The South Korean government passed laws in 2021 allowing regulators to seize crypto from accused tax delinquents. Read More at https://cointelegraph.com/news/south-korea-jeju-city-targets-crypto-holdings-alleged-tax-dodgers?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
EV startup Faraday Future plans multibillion-dollar crypto strategy
Faraday Future said it plans to initially buy $30 million worth of crypto, with plans for “tens of billions” more, and is exploring the idea of launching a crypto ETF. Read More at https://cointelegraph.com/news/ev-startup-faraday-future-plans-multibillion-dollar-crypto-strategy?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Former Twitter CEO Agrawal emerges with AI startup
Parag Agrawal, the former Twitter CEO ousted by Elon Musk, has launched an AI startup aimed at driving the next wave of AI agent research. Read More at https://cointelegraph.com/news/former-twitter-ceo-parag-agrawal-emerges-ai-startup?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Solana hits 100K TPS milestone with stress test transaction spike
Solana briefly achieved over 100,000 transactions per second, which a developer says could eventually see the blockchain perform to at least 80,000 TPS. Read More at https://cointelegraph.com/news/solana-taps-100k-tps-stress-test-dev?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Thailand plans launch of a crypto payment sandbox for tourists
The Thai government is reportedly set to allow tourists to exchange crypto for Thai baht and make electronic payments through e-money service providers. Read More at https://cointelegraph.com/news/thailand-plans-launch-crypto-payment-tourists?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Cryptojacker gets 1 year prison after admitting to $3.5M fraud
Charles O. Parks III, who admitted to misusing $3.5 million worth of resources from two cloud computing providers to mine crypto, was sentenced to one year and one day in prison. Read More at https://cointelegraph.com/news/cryptojacker-gets-1-year-for-3-million-fraud-schme?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Altseason’s next step depends on China stimulus, investors’ response to recession fears
Central bank stimulus in China and global investors’ response to recession fears will determine if altseason continues. Read More at https://cointelegraph.com/news/altseason-s-next-step-depends-on-china-stimulus-investors-response-to-recession-fears?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Qubic community, Monero's 51% attacker, votes to target Dogecoin next
The community for Qubic, an AI-focused blockchain project, voted to target the Dogecoin network over Zcash and Kaspa by a wide margin. Read More at https://cointelegraph.com/news/qubic-monero-51percent-attacker-target-doge-next?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound