August, 2025

August, 2025

Former China central bank chief challenges need for stablecoin adoption
Zhou questioned real benefits of stablecoin adoption, suggesting China's financial system is already making progress under centralization....

Ark Invest buys $15.6 million in BitMine shares as stock tumbles
Ark Invest, led by Cathie Wood, bought $15.6 million in BitMine shares on Wednesday across three of its ETFs....

Polymarket bettors lean towards Bitcoin below $100,000 by 2026, analysts weigh chances
Online gamblers are betting Bitcoin will dip below $100,000 while analysts try to understand how it could happen....

Former Polymarket exec raises $15 million from Coinbase and USV for rival prediction platform
Union Square Ventures led the $15-million seed round in The Clearing Company, which will compete with Polymarket and Kalshi....

The Daily: Google Cloud’s blockchain for payments, Bitcoin’s downside risk amid leverage build-up and ‘huge’ Ethereum rotation, plus more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons....

Hyperliquid to introduce new safeguards following crypto whale-driven XPL pre-market liquidations
Whale activity drove a 2.5x price spike on Hyperliquid's XPL pre-launch market, sweeping liquidity and triggering liquidations....

Google Cloud Unveils Universal Ledger Blockchain for Institutional Payments, CME Pilot
Google Cloud has introduced the Google Cloud Universal Ledger (GCUL), a permissioned layer-1 blockchain aimed at speeding up cross-border payments and asset settlement for financial institutions...

Stablecoins Just Got Real: The Future of Programmable Money in the GENIUS Era
As global markets shift, countries that delay a stablecoin strategy risk becoming passengers on someone else’s rails....

HYPE Hits New All-Time High as Hyperliquid Dominates DeFi Revenue
The decentralized perpetuals exchange accounted for 35% of all blockchain revenue in July, and is on track for an even bigger August....

CFTC Deploys Nasdaq Surveillance Platform to Police Expanding Crypto Markets
The U...

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