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Kanye West’s Solana Memecoin YZY Rocked By Insider Trading Allegations

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The Solana-based memecoin YZY, promoted by Kanye West (Ye), posted one of the most volatile debuts of the year, rocketing to a multi-billion-dollar valuation within minutes before retracing as on-chain sleuths flagged insider activity and a contentious liquidity setup. In an X post on Thursday, West shared the contract address and framed “YZY MONEY” as […]
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Cathie Wood’s Ark Invest Scoops Up $37M in Bullish and Robinhood: A Bold Bet on Crypto’s Future?

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Cathie Wood’s Ark Invest has continued its aggressive push into crypto-related equities, scooping up $21.2 million in Bullish shares and $16.2 million in Robinhood stock on August 19, 2025. Related Reading: Bitcoin Dip Sparks Mixed Reactions: Buyers Step In, Profit Takers Surge The purchases, made through the firm’s flagship ARK Innovation ETF (ARKK), highlight Ark’s […]
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Argentina’s Capital Adopts Crypto For Tax Payments

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Buenos Aires has switched on “BA Cripto,” a policy package that lets residents and businesses settle city taxes and administrative fees using cryptocurrencies, including Bitcoin. Rolled out on Tuesday, August 19, 2025, the program covers municipal levies such as ABL (property tax), Patentes (vehicle tax), and Ingresos Brutos (turnover tax), as well as non-tax procedures […]
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Bitmine Becomes 2nd Largest Crypto Treasury Company: Now Holding $6.6B In Ethereum

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BitMine, a publicly traded company renowned for its bold treasury strategy, has officially become the second-largest crypto treasury company in the world. The firm now holds more than $6.6 billion worth of Ethereum (ETH), totaling 1.52 million tokens — a staggering 1.26% of the total ETH supply. Related Reading: Ethereum Floods Exchanges As Bitcoin Remains […]
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Crypto Giants Team Up: New Nonprofit Aims to Shape Washington’s View on Blockchain & AI

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A new nonprofit backed by some of the most prominent players in the crypto asset space has launched with the goal of improving how US lawmakers engage with emerging technologies. The American Innovation Project (AIP), supported by Coinbase, Uniswap Labs, Kraken, Paradigm, and the Digital Currency Group (DCG), officially began operations this week. The organization […]
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Crypto Platforms Hit Hard: South Korea Blocks Lending Services

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South Korea’s financial regulator has ordered a stop to all crypto lending on local exchanges, saying the fast-growing products lack proper rules and pose risks. Related Reading: Bitcoin Drops, Saylor Shops: 430 BTC Added To Treasury Stash – Details The Financial Services Commission (FSC) issued administrative guidance that takes effect immediately and will stay in […]
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Crypto Funds See $3.75B Weekly Surge – Ethereum Claims 77% of It

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Global crypto asset investment products saw a significant rebound in investor interest last week, with inflows totaling $3.75 billion, according to CoinShares’ latest fund flows report. The figure marks the fourth-largest weekly inflow on record, highlighting renewed activity following several weeks of muted sentiment across the sector. James Butterfill, head of research at CoinShares, noted […]
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Crypto Star Turned Scammer: 12-Month Jail Term For $3.5M Scheme

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A self-styled crypto influencer was sentenced to prison after prosecutors said he ran a large cryptojacking scheme that siphoned cloud computing power and secretly mined digital coins. Related Reading: Crypto Goes Tropical: Thailand Welcomes Tourist Spending In Bitcoin And More According to the Department of Justice, Charles O. Parks III, who called himself “CP3O” online, […]