News

• Ukraine’s central banksaidit remains prepared to move forward with crypto legalization while reaffirming that virtual assets will not be recognized as legal tender. The central bank has alsostepped upscrutiny of unlicensed crypto exchange operations.

  August 8, 2025

• Tomasz Stańczak has urged developers to redirect their attention toward the upcoming Fusaka upgrade. He warned that focus on the later Glamsterdam release could jeopardize near-term progress. He stressed the importance of coordinating efforts to meet the Fuska upgrade deadline and preserve Ethereum’s roadmap.

  August 8, 2025

• President Donald Trumpsigned an executive order on Aug. 7 to halt what his administration calleddiscriminatory banking practices against the crypto industry. The order bars federal regulators from using “reputational risk” as justification to influence banks’ decisions about working with legal businesses.

  August 8, 2025

• CryptoSlate Alpha requires a one-time purchase of our membership NFT using SOL, the native token of Solana. Connecting your Solana wallet is required to complete the purchase. To manage your wallet connection, click the button below.

  August 7, 2025

• UK-based Union Jack Oil partners with Texas-based 360 Energy to transform natural gas into Bitcoin mining profits. The initiative aims to use gas from the West Newton A and B wells to power onsite data centers. According to Union Jack, early production concepts like this allow them to unlock value from existing wells.

  August 7, 2025

• NFT trading volume surged by 96%, reaching $530 million in July. Despite fewer transactions, July’s NFT market sees a doubling in average prices. Platforms catering to power users and creators saw the most growth.

  August 7, 2025

• Sophisticated scam exploits deceptive YouTube tutorials and AI-generated content to target crypto enthusiasts. Cybersecurity firm SentinelLABS hasuncovereda sophisticated scam campaign that has siphoned over $900,000 from unsuspecting crypto users. The fraudulent scheme revolves around YouTube videos that offer tutorials on deploying automated trading bots.

  August 7, 2025

• NYDFS uncovered over $1.6 billion transactions linked to illicit actors sanctioned by the US authorities on Binance. Paxos must spend an additional $22 million over three years to strengthen its compliance systems. The settlement includes a $26.5 million civil monetary fine.

  August 7, 2025

• India’s tax authorities have uncovered nearly 630 crore rupees (approximately $72 million) in undisclosed income from crypto-related transactions. To address the significant amount of undeclared tax income, Indian authorities have issued over 44,000 notices to individuals and organizations.

  August 7, 2025

• President Donald Trump will sign an executive order today directing federal regulators to ease legal pathways for 401(k) plans. The move positions approximately $12.5 trillion in U.S. retirement savings as a potential channel for asset managers long restricted from retail allocation pools.

  August 7, 2025