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Strategy Acquires 430 Bitcoin, Bolstering Holdings to 629,376 BTC


Strategy Inc. said it acquired 430 bitcoin between Aug. 11–17, 2025, spending $51.4 million at an average price of $119,666 per BTC, bringing its total holdings to 629,376 bitcoin worth approximately $46.15 billion. The purchases were funded entirely by net proceeds from recent sales of preferred...

Nebraska Man Sentenced to 1-Year Prison for $3.5M Cryptojacking Scheme


Charles O. Parks III, also known as “CP3O,” was sentenced today in federal court in Brooklyn by U.S. District Judge Eric Komitee to one year and one day in prison for operating a large-scale illegal cryptojacking scheme in which he defrauded two cloud computing providers of over $3.5 million...

Japan’s FSA to Approve First Yen-Denominated Stablecoin, JPYC, This Autumn


Japan’s Financial Services Agency (FSA) is set to approve the issuance of the country’s first yen-denominated stablecoin, JPYC, this autumn, with the fintech firm JPYC based in Chiyoda, Tokyo, expected to be registered as a funds transfer service by the end of August. The stablecoin...

Metaplanet Adds 775 Bitcoin, Total Holdings Reach 18,888 BTC


Metaplanet Inc. (Tokyo Stock Exchange: 3350) announced the purchase of an additional 775 bitcoin at an average price of ¥17,720,023 per coin (totaling ¥13.733 billion), bringing its cumulative holdings to 18,888 bitcoin at an overall average cost of ¥15,041,118 (aggregate ¥284.097 billion)....

Thailand to Allow Foreign Visitors to Convert Crypto for Payments


The Thai government is launching a new initiative called “Touristdigipay” on Aug.18, to boost its tourism sector. The scheme allows foreign tourists to convert their cryptocurrencies into Thai Baht to use for payments. The program is a direct response to a decline in tourism...

EV Startup Faraday Future Launches $10 Billion Crypto Strategy


Faraday Future Intelligent Electric Inc. announced on August 17, 2025, the launch of its “EAI + Crypto” Dual-Flywheel & Dual-Bridge Ecosystem Strategy, aiming to integrate artificial intelligence (AI)-driven electric vehicles (EVs) with Web3 technologies and cryptocurrency...

Gemini Exchange Files S-1 for Proposed Nasdaq IPO Under Ticker ‘GEMI’


Gemini Space Station, Inc. (Gemini Exchange) filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC) on August 15, 2025, for a proposed initial public offering (IPO) of its Class A common stock, with the number of shares and price range yet to be determined...

Trump-Backed Miner Seeks Asian Bitcoin Acquisitions


Financial Times (FT) reports that American Bitcoin, a U.S. cryptocurrency miner backed by Donald Trump Jr. and Eric Trump, is actively seeking acquisitions of listed companies in Japan and potentially Hong Kong to amass bitcoin reserves. According to three unnamed sources speaking with FT,...

Strategy Makes It Official—Legal Name Switch Hints at Bigger Moves


Strategy Inc. (Nasdaq: MSTR/STRK/STRF/STRD/STRC) announced on Aug. 14 that it has officially changed its legal name from Microstrategy Inc. to Strategy Inc., effective Aug. 11, 2025. This formal transition completes the rebranding initiative first unveiled on Feb. 5, 2025, and solidifies...

Falconx Expands Prime Connect With Copper Clearloop Integration


Falconx has announced the expansion of its Prime Connect product through an integration with Copper’s Clearloop network, enhancing off-exchange settlement capabilities for its Direct Market Access (DMA) clients trading on Bybit. This integration allows clients to custody their assets...

Bitcoin Breaks $123K as Momentum Builds


Bitcoin blasted past the $123,000 mark on Wednesday, breaking that barrier for the first time since July 14, 2025. On Aug. 13, bitcoin’s climb added 2.6% against the U.S. dollar, stacking up a 6.2% gain over the past seven days. The world’s largest crypto by market value now boasts a staggering...

Addressable Launches User Radar to Enhance Web3 Marketing


Addressable, a Web3 marketing platform, has announced the launch of User Radar, a unified dashboard designed to enhance marketing campaigns by providing insights into user behavior. This new tool, accessible via the Addressable dashboard, analyzes both onchain and offchain activity, transforming...

Trump Nominee Wants to Halt Monthly Jobs Reports


E.J. Antoni has been tapped to lead the Bureau of Labor Statistics (BLS) by U.S. President Donald Trump and now the Heritage Foundation Chief Economist wants to suspend the BLS’s monthly jobs report “until it is corrected.” Antoni made the comments in a Fox interview just days after Trump fired...

Do Kwon to Plead Guilty in $40B Terra Luna Collapse


Terraform Labs co-founder Do Kwon plans to plead guilty to U.S. conspiracy and wire fraud charges tied to the $40 billion collapse of his cryptocurrency projects, a judge confirmed Tuesday. Do Kwon, co-founder of Terraform Labs, will plead guilty to two criminal charges of conspiracy to defraud...

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