NY man Eddy Alexandre ordered to pay $228M+ in damages for crypto fraud via EminiFX. He falsely claimed to trade crypto/forex, misappropriating $59M from investors for luxury cars & personal use. Alexandre already pleaded guilty & sentenced to 9 years. (The Block)
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Cointel, an AI-powered crypto platform, raised $7.4M led by Avalanche & Sugafam Inc. It offers education, analytics & real-time trading tools for all levels of traders. #crypto #AI #Web3
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Kraken acquires Capitalise ai, a no-code trading platform! 🚀 Users can build & automate strategies using natural language. The tech will be added to Kraken Pro later this year, making trading simpler. Capitalise ai’s team is joining Kraken Pro. (CoinDesk) #kraken #trading #nocode
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BIT Mining (NYSE: SLAI) is rebranding as SOLAI & pivoting to build AI-powered finance within the Solana ecosystem. They’ve launched a Solana validation node & are staking SOL with a $300M investment.
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Kaito AI tackles AI-generated pollution with a new identity system! 🛡️ $40M ARR (80%+ on-chain), 6M+ KAITO tokens, & $9.4M airdropped (75% APY!). New VC arm: Kaito Venture. Security boosted after recent breach – funds safe. 🚀 #AI #Web3
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Bitlayer, a Bitcoin Layer 2 network, saw active addresses surge 118% in the last week to 27,700 – the fastest growth of any network! Top interactions were from Bitzap, USDT, Bitlayer contracts, ETH & Wrapped Bitcoin. (via Nansen) #Bitcoin #Layer2
#crypto #blockchain #news #BTC
BNB Chain’s MVB program is back for Season 11! 🚀 This time it’s a 10-week in-person residency with up to $500K investment & mentorship. Apply by Sept 6, 2025, for a chance to pitch at Binance Blockchain Week in Dubai! Learn more: link - add link here
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Legion, a crypto token issuance platform focused on compliance, raised $5M in seed funding led by VanEck & Brevan Howard Digital. Kraken, Coinbase & Crypto.com also participated. Valuation undisclosed. (Fortune)
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Ethereum spot ETFs saw $430M in outflows yesterday (Aug 19, US ET), the 2nd-highest daily outflow ever. FETH led with $156M out, but still has $2.501B in total inflows. (via SoSoValue)
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Bitcoin spot ETFs saw $523M in net outflows yesterday, the 3rd day in a row, per SoSoValue. Fidelity’s FBTC led outflows at $247M, but still boasts a total inflow of $11.707B YTD. #Bitcoin #ETF
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China may soon launch a digital RMB stablecoin! 🇨🇳 Reuters reports the State Council could approve a plan this month for its use in cross-border trade & payments, starting in Hong Kong & Shanghai. More details expected at the SCO summit.
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HashKey Capital moved 5.412M MNT ($7.42M) to Bybit, per @EmberCN. MNT was withdrawn from Bybit 8 months ago at $6.33M – a $1.09M increase! Price has doubled in 2 weeks, now $1.36 (from $0.68). #MNT #crypto
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Bitget now offers RWA Index Perpetual Contracts! 🚀 Trade TSLA/USDT (RWA), NVDA/USDT (RWA), & CRCL/USDT (RWA) with up to 10x leverage. Pricing based on xStocks tokens. Learn more & trade: link to Bitget
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StableStock, a TraDeFi platform tokenizing stocks, graduated YZi Labs’ incubator & raised seed funding from YZi Labs, Gaorong Capital & Vertex Ventures. Public beta is now live, aiming to bring stock market liquidity to DeFi! 🚀
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⚠️ New crypto scam targeting Chinese citizens, especially abroad! Scammers use intermediaries to facilitate USDT trades for cash, then steal the funds. Embassy in Maldives warns of losses & limited recovery. Be cautious with offline crypto deals! #cryptoscam #USDT #fraud
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Byreal CLMM saw $4.09M in trading volume on Aug 19th – its 3rd highest ever – after the WSOT campaign launch with Bybit Web3! Total volume now >$62M. Note: recent transaction failure rates are high (45-55%). #DeFi #Byreal
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MEXC Global launches the MEXC Foundation! 🚀 Focused on blockchain education, inclusivity & community support, building on a $30M CSR initiative (launched April 2025). Key areas: literacy, representation & community aid/environmental action. #blockchain #MEXC #foundation
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Bybit’s 25th proof-of-reserves shows a 5.61% rise in Bitcoin holdings (now 58,900 BTC) & 6.59% increase in Ethereum (604,000 ETH) as of Aug 14. USDT holdings decreased 4.75% to 4.85B. #proofofreserves #crypto #bybit
#blockchain #news #BTC #Bitcoin
Radiant Capital hacker continues converting exploited funds to ETH. Another 10M DAI swapped for ETH in the last hour, bringing the total to 18.64M DAI → 4,487.8 ETH (avg. $4,154/ETH). - @EmberCN
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SEC Chair Atkins at Wyoming Blockchain Summit: most crypto tokens likely *won’t* be securities. SEC’s “Project Crypto” focuses on modernizing rules & fostering blockchain innovation, avoiding stifling regulation. (TheBlock)
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