Author: Ibrahim Abdulaziz Adan

Pi Network is upgrading to protocol v23 with enhanced KYC features and Linux Node support is now available.  Valour Pi ETP started trading on Sweden’s Spotlight Stock Market at approximately $0.35 USD.  The upgrades prepare Pi Network for potential major exchange listings and broader institutional adoption. Pi Network has announced its roadmap for upgrading from protocol version 19 to version 23. The blockchain platform simultaneously released its Linux Node version and celebrated the debut of Valour Pi ETP trading on Sweden’s Spotlight Stock Market. The comprehensive upgrade introduces enhanced KYC integration directly into the blockchain infrastructure. Market data indicate that…

Bitplanet becomes South Korea’s first institutional Bitcoin treasury firm and will deploy $40 million into Bitcoin purchases immediately after launch. The company acquired 62% control of SGA through an investor consortium and will rebrand it as Bitplanet within two weeks. This move follows similar Bitcoin treasury strategies by Asian companies like K Wave Media and Japan’s Metaplanet. South Korea enters the institutional Bitcoin market as Bitplanet announces plans to establish the nation’s first corporate Bitcoin treasury. The firm secured $40 million in capital to execute this strategy, marking a significant shift in Korea’s cryptocurrency adoption. Paul Lee, co-founder and managing…

Valour launched Europe’s first Pi Network ETP on Sweden’s Spotlight Stock Market with a 1.9% management fee.  The company added eight new cryptocurrency ETPs and now offers over 85 digital asset products across European exchanges.  This expansion gives European investors regulated access to community-driven tokens through traditional brokerage accounts. DeFi Technologies subsidiary Valour has introduced Europe’s inaugural Pi Network exchange-traded product (ETP) on Sweden’s Spotlight Stock Market. The launch represents a significant expansion of regulated cryptocurrency investment options for European investors. The Pi ETP debuted alongside seven additional cryptocurrency products, creating eight new investment vehicles for digital asset exposure. This…

HYPE token hit a new all-time high of $50.99 with a 9.9% daily surge, and trading volume reached $3.52 billion.  Whale investors bought $18.23 million worth of tokens while derivatives open interest increased 15.7% to $2.29 billion.  The platform’s Total Value Locked grew from $311 million to $2.6 billion since April, and BitMEX co-founder Arthur Hayes predicts 126x potential upside. Hyperliquid’s native token HYPE reached a new all-time high of $50.99 on Wednesday, marking a 9.9% surge over the past 24 hours. The price rally coincides with unprecedented trading activity on the decentralized exchange platform and significant whale accumulation. Market…

The CFTC partnered with Nasdaq to upgrade its crypto market surveillance technology and improve fraud detection capabilities.  Nasdaq’s platform already serves over 50 exchanges worldwide and can detect manipulation patterns across digital assets during high volatility.  The new system will help regulators catch pump-and-dump schemes and wash trading faster while supporting crypto and traditional market oversight. The Commodity Futures Trading Commission has partnered strategically with Nasdaq to deploy advanced surveillance technology for cryptocurrency market oversight. The collaboration significantly upgrades the agency’s monitoring capabilities as digital asset markets continue expanding rapidly. Acting Chairman Caroline Pham emphasized the partnership’s role in modernizing…

Ethereum hit a new all-time high near $4,885 and broke its November 2021 record for the first time in four years. Spot Ethereum ETFs recorded $2.12 billion in weekly inflows, and institutional buying continues to increase price momentum. Wall Street analyst Tom Lee targets $5,500 as technical indicators and whale accumulation support further gains. Ethereum has reached unprecedented heights, setting a new all-time high near $4,885 over the weekend. The world’s second-largest cryptocurrency broke through its previous November 2021 record of $4,866, marking its first major milestone in nearly four years. The rally gained momentum following Federal Reserve Chair Jerome…

NY Fed President Williams supports potential rate cuts in September if inflation cools and the economy stays balanced.  Markets now price in an 88.2% chance of a 25 basis point cut at the September Fed meeting.  Williams believes the labor market remains strong despite concerns raised by Fed Chair Powell at Jackson Hole. At the upcoming September Federal Open Market Committee meeting, New York Federal Reserve President John Williams has indicated potential support for an interest rate reduction. His comments add momentum to growing expectations for monetary policy easing following recent signals from Fed Chair Jerome Powell. During a CNBC…

SharpLink bought 56,533 ETH and now holds $3.7 billion worth of Ethereum tokens.  The company earned 1,799 ETH in staking rewards and approved a $1.5 billion stock buyback program.  SharpLink stock fell 8.15% despite strong treasury growth, but remains up 150% year-to-date. SharpLink has completed a significant Ethereum acquisition, purchasing 56,533 ETH tokens, bringing the company’s total digital asset holdings to approximately $3.7 billion as of August 24, 2025. The gaming and sports media company raised $360.9 million in net proceeds through its At-the-Market facility to fund the latest cryptocurrency purchase. The Ethereum treasury strategy, launched on June 2, 2025,…

A fake CR7 meme coin on Solana reached $5 million market cap but crashed to $359,000 within hours despite $55 million in trading volume. This marks the second major fraudulent CR7 token after an earlier version hit $143 million and lost 98% of its value almost instantly. Cristiano Ronaldo has no official cryptocurrency tokens, and his only verified Web3 involvement is his Binance NFT partnership since 2022. A fraudulent cryptocurrency token exploiting Cristiano Ronaldo’s CR7 brand experienced a dramatic rise and fall on the Solana blockchain. Within hours, the token reached a $5 million market capitalisation before crashing to near-zero…

Gemini launched an XRP credit card offering up to 4% cashback rewards with no annual fees or foreign transaction charges. Ripple is backing Gemini’s IPO plans with up to $150 million in credit facilities and has integrated its RLUSD stablecoin into the platform. The card launch aims to attract new users and boost revenue as Gemini reported $282.5 million in losses during the first half of this year. Cryptocurrency exchange Gemini has launched a special-edition XRP credit card, offering users up to 4% cashback rewards in XRP on everyday purchases. The move comes as the exchange prepares for its initial…