• BONK_memecoin_treasury_play
    Cryptocurrency

    Bonk Bet Wipes Out Half of Safety Shot’s Market Value

    August 13, 2025 - By 

    Shares of Nasdaq-listed beverage company Safety Shot plunged 50% after it revealed plans to purchase $25 million worth of Bonk memecoin as part of a new treasury strategy. On Monday, the company announced a strategic alliance with Bonk’s founding contributors, aiming to fully integrate itself into the memecoin’s ecosystem. Safety Shot said it will make Bonk its core treasury asset, citing the token’s “clear and distinct advantages over competitors.”  The Solana-based coin “offers high-speed, low-cost transactions,”, thanks to its network, giving it an edge over rivals like Shiba Inu (SHIB) and Pepe (PEPE), which run on Ethereum and face high…

  • Jeff Bezos’s Blue Origin
    Cryptocurrency

    Jeff Bezos’s Blue Origin Pioneers Crypto Payments for Spaceflights

    August 13, 2025 - By 

    Jeff Bezos’s Blue Origin is in the process of transforming the future of space tourism by integrating cryptocurrency payments.  In a Business Wire release, the company announced a groundbreaking partnership with payments processor Shift4 (NYSE: FOUR) for its New Shepard suborbital flights.  Accordingly,  Blue Origin now accepts Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and select dollar-pegged stablecoins, including USDT and USDC. Crypto payments are accepted for seats on its commercial spaceflights,  effective immediately.  The innovative payment system allows customers to book their journey using popular cryptocurrencies via a seamless checkout process.  Shift4’s integration supports direct connections to widely used self-custody…

  • Altcoins

    Pudgy Penguins Mascot Set to Steal the Spotlight at F1 Singapore Grand Prix

    August 12, 2025 - By 

    The Pudgy Penguins, a cute and popular cartoon penguin mascot from a digital collectible project, is making waves as it is set to appear in Formula 1 at the Singapore Grand Prix. It earned this spot by winning a big trading contest on Kraken, a major cryptocurrency platform. In the contest, called a ‘meme coin showdown’, the Pudgy Penguins’ token, PENGU, beat out other cryptocurrencies by having the most trading activity on Kraken. As a result, the Pudgy Penguins logo will be displayed on the Williams Racing team’s car, the FW47, during the race. This is a huge deal for…

  • Steak_‘n_Shake_thanks_Bitcoiners_as_same-store_sales_rise_11__in_Q2
    Bitcoin

    Steak ‘n Shake credits Bitcoin as Q2 leader

    August 12, 2025 - By 

    Steak ‘n Shake said its same-store sales rose 10.7% quarter-on-quarter in Q2 2025, according to its parent company’s latest filing. On Aug. 8, the chain thanked Bitcoin users in a post on X, writing: “Bitcoin has been a game changer.” Steak ‘n Shake outpaces major U.S. rivals Steak ‘n Shake posted a 10.7% quarter-over-quarter rise in same-store sales in Q2, the strongest result among major U.S. fast-food chains that reported for the period. The outperformance adds to signs that merchant Bitcoin payments remain active in the U.S., where Bitcoin is mostly treated as an investment, even as day-to-day use is…

  • Blockchain

    Core Ethereum Developer Federico Carrone Freed from Turkish Detention After Quick Help From Wishers 

    August 12, 2025 - By 

    Federico Carrone, an Ethereum core developer, was released on Monday after being detained by Turkish authorities for about 24 hours over his alleged links to cryptocurrency privacy tools. Turkey’s Minister of Internal Affairs accused Carrone of “helping others misuse Ethereum” through his work on privacy protocols. Carrone believes the charges stem from a January 2022 research paper that he co-authored, examining user privacy on Ethereum and Tornado Cash. “We never helped anyone engage in illegal activity. It was purely research on mixers and their properties,” stated Carrone, who is known pseudonymously as Fede’s Intern.  Quick International Support From Well-wishers Secures…

  • WebX 2025
    Event

    WebX 2025 To Draw Blockchain Enthusiasts Across 100 Countries 

    August 12, 2025 - By 

    Disclaimer: This article is written in partnership with CoinPost, Japan’s premier crypto and Web3 media outlet. Coin Medium will cover the event at the venue. If you are coming at the event, feel free to reach out to us for more information and collaboration.  WebX 2025,  Asia’s leading Web3 conference will draw over 15,000 visitors including blockchain and crypto enthusiasts from over 100 countries.  The event is hosted by CoinPost, Japan’s premier crypto and Web3 media outlet, centered around “Connecting the Nodes, Beyond the Screen”. WebX 2025 happens on the 25th and 26th of August 2025 at The Prince Park…

  • Elizabeth Warren
    Regulation

    Elizabeth Warren Pushes for Tough Crypto Rules 

    August 12, 2025 - By 

    US Senator Elizabeth Warren warns that unchecked digital asset markets could trigger economic instability and fuel government corruption. The Massachusetts Democrat has emerged as one of Congress’s most vocal critics of industry-friendly legislation. She has reiterated the need for comprehensive cryptocurrency regulations. Elizabeth Warren opposed bills such as the GENIUS Act and CLARITY Act, which she argues hand regulatory power to major crypto corporations while weakening oversight. At a recent WNBC address she called for strict bans on elected officials trading or holding significant crypto investments.  She cited potential conflicts of interest tied to the president’s family businesses and their…

  • FTX_users_bolster_lawsuit_claiming_law_firm_was_key_to_FTX_fraud
    Hack & Scam

    FTX Case Takes New Turn, Law Firm Accused of Playing Key Role 

    August 12, 2025 - By 

    Victims of the FTX fraud case are updating their lawsuit. New evidence shows Fenwick and West – a law firm – have equally orchestrated the fraud.  According to testimonies given by FTX Insiders, Fenwick and West were not merely legal representatives but they also created and approved the structures that led to mismanagement of customer funds.  The customers have accused the firm for misrepresenting FTX and its sister firm Almaeda Research and its subsidiary North Dimension.   This lawsuit is a component of a larger multi-district class-action lawsuit initiated by FTX users following the exchange’s collapse in late 2022.  The broader…

  • what happened in crypto yesterday?
    Cryptocurrency

    Bitcoin Retracts To $118k, Do Kwon May Plead Guilty

    August 12, 2025 - By 

    The Bitcoin Coinbase Premium Gap was below the baseline yesterday. The indicator essentially compares the price of Bitcoin on Coinbase and on Binance. When the numbers are in green, it means that the asset is being traded at a higher price on Coinbase.  Another key observation from Coinbase Premium Gap is that when the value is down then it means American investors are selling. While Binance attracts global investors, indicating people around the world are buying.  Luna Founder Expected To Enter In a Guilty Plea Do Kwon, the South Korean cryptocurrency entrepreneur, is expected to plead guilty to U.S. fraud…

  • Trump_Media_Files_Amendment_to_Bitcoin_ETF_Registration_Crypto.com_to_Offer_Custody
    Cryptocurrency

    Trump Media names Crypto.com in ETF plan

    August 12, 2025 - By 

    Trump Media & Technology Group, the company behind Truth Social, has filed an amended with the U.S. Securities and Exchange Commission (SEC) for a spot Bitcoin exchange-traded fund.  Operational partners are named in the filing. Crypto.com will serve as the Bitcoin custodian and liquidity provider, while Yorkville America Digital will act as the fund’s sponsor, according to a Monday release. The amendment still omits key details, including the fund’s fee and ticker symbol, as noted by Bloomberg Intelligence analyst Eric Balchunas. Balchunas has also said the proposed ETF could find it hard to attract investors because it is entering an…