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Month: August 2025
Tokyo’s Monex Considers Launching Domestic Yen Stablecoin
Tokyo-based publicly traded financial services company Monex Group is considering a Japanese yen-pegged stablecoin. According to a Tuesday TV Tokyo report, Monex Group Chairman Oki Matsumoto told the outlet that the company is considering issuing a yen-pegged stablecoin in Japan. “Issuing stablecoins requires significant infrastructure and capital, but if we don’t handle them, we’ll be left behind,” Masumoto said. He concluded: “We will respond properly.” Oki Matsumoto. Source: Wikidata Related: Japan’s finance Minister endorses crypto as portfolio diversifier Monex’s upcoming stablecoin Monex Group’s stablecoin, should it issue one, would be…
Nano Labs CEO Buys 480K Shares in BNB Strategy Firm
Key Notes CEO invests personal funds in the company’s Class A ordinary shares. Nano Labs pivots to a crypto-centric model with BNB reserves. The company targets 10% of BNB’s total supply through strategic moves. Leading Web3 solutions provider, Nano Labs, announced that its Chairman and Chief Executive Officer, Jianping Kong, purchased 480,000 Class A ordinary shares. The purchase was made in August 2025 through open-market transactions using his personal funds. This marks the third time in just over a year that Kong has increased his holdings, following earlier purchases in…
Pro-XRP Lawyer Blasts SEC Lead Counsel In Ripple Case Following Conclusion
Pro-XRP lawyer Bill Morgan has called out Jorge Tenreiro, who was the lead counsel in the Ripple case. This follows the conclusion of the long-running legal battle between the crypto firm and the U.S. SEC. XRP Lawyer Calls Out Counsel In Ripple Case In an X post, Bill Morgan revealed that the lead counsel for the SEC in the Ripple case is now a partner at a major law firm. The pro-XRP lawyer further stated that Tenreiro’s profile refers to some of his courtroom successes in crypto enforcement. However, he…
ETH Drop Hits NFTs, Pudgy Penguins Down 17%
Key Notes The overall NFT market cap has dropped by 5% to $7 billion, despite strong trading volumes. The broader NFT market had peaked at $9 billion on August 13, up 40% from July, driven by ETH’s earlier rally. Ethereum price dropped over 10% from last week’s all-time high of $4,900 to around $4,400, with analysts expecting further downside toward the 200-EMA at $4,088. Following the all-time highs last week, Ethereum ETH $4 472 24h volatility: 3.6% Market cap: $540.50 B Vol. 24h: $47.43 B price has seen a strong…
Crypto Trading LIVE:BTC Live Trading Bitcoin Analysis | 13 AUG #crypto #bitcoin #btc
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Bitcoin is ‘funny internet money’ during a crisis: Tezos co-founder
Bitcoin may be hailed as “digital gold” on Wall Street, but when a real crisis hits, many will treat the cryptocurrency like fantasy play money, says Tezos co-founder Arthur Breitman. But why on earth would a crypto builder of almost a decade say such a thing? What about all the institutional money pouring in, the billions flowing into spot Bitcoin ETFs and its narrative as a safe-haven asset? Breitman says no matter how strong the narrative, there will always be a cohort of Bitcoin holders who will drop it when…
Bug Bounty Cuts Are Setting Crypto Up For Billion-Dollar Hacks
Opinion by: Mitchell Amador, founder and CEO of Immunefi Crypto’s best defense against catastrophic hacks isn’t code — it’s incentives. Bug bounties have prevented billions in losses, and it’s important to emphasize that these billions could have been exploits, not responsible disclosures, if the right incentives hadn’t been set up. This protection only works when the incentives for white hat behavior clearly outweigh those for exploitation, and current market trends are now tilting that balance in dangerous ways. The scaling bug bounty standard means the reward size should grow with…
Binance CEO Sounds Alarm on New Crypto Scam Targeting Users
Key Notes In an X post, Richard Teng talked about scammers putting fake support calls through to their victims. The crypto scammers try to get users to change their API and gain access to their funds. Teng’s latest alarm comes amid the growing trend of sophisticated crypto scams. Binance CEO Richard Teng has alerted the public about a new scam targeting crypto users. In his post on X, he explained how the perpetrators put fake support calls through to their victims, in a bid to get them to change their…
REX Financial CEO Picks Solana Over Ethereum: Here’s Why
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. On Bloomberg’s “ETF IQ” on Monday, REX Financial chief executive Greg King made his most forceful public case yet for Solana’s role in real-world finance—especially for stablecoins—and explained why his firm built a 1940 Act, staking-enabled…