SEC Commissioner Hester Peirce delivered a forceful defense of financial privacy rights on August 4, arguing that Americans should retain the ability to use privacy-protecting crypto technologies without government surveillance. Her remarks at Stanford’s Science of Blockchain Conference come as Tornado Cash co-founder Roman Storm faces criminal trial for allegedly facilitating $1 billion in illicit…
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Philippine SEC Flags Ten Unregistered Crypto Exchanges Over Non-Compliance
The Philippine Securities and Exchange Commission (SEC) has issued a warning against ten unregistered crypto entities and online platforms, including OKX, Bybit and Kraken. The regulator, on Monday, highlighted non-compliance issues in offshore crypto exchanges, warning the public against engaging with them. The ten crypto exchanges offered services to Filipinos without the required registration or…
Tom Lee’s BitMine Adds Another 208K ETH, Treasury Tops $3B as Ethereum Surges
BitMine Immersion Technologies, chaired by Fundstrat’s Tom Lee, has added 208,137 ETH to its growing crypto reserves, boosting its total holdings to 833,137 ETH, now worth over $3 billion. Key Takeaways: BitMine holds 833,137 ETH worth over $3 billion, making it the largest corporate Ethereum holder. The firm’s aggressive strategy puts it far ahead of…
MEXC Backs Indonesia’s Crypto Exchange Triv at $200M Valuation to Expand Southeast Asia Footprint
MEXC Ventures has taken a strategic bet on Indonesia’s growing crypto market, investing in crypto exchange Triv at a $200 million valuation. Key Takeaways: MEXC Ventures invested in Triv at a $200M valuation to grow its Southeast Asia footprint. Triv is one of Indonesia’s oldest licensed exchanges, operating under OJK and BAPPEBTI. The funding will…
Symbiotic Sees 80% of Deposits Flow into Private Vaults as Custom Staking Takes Off: Interview
As offchain crypto products dominate headlines and billions pour into ETFs, Symbiotic is quietly building the foundation for a very different future across decentralized networks. The Web3 protocol, founded less than two years ago, wants to be the backbone of crypto’s next infrastructure layer. It is positioning itself as a universal staking framework that any…
Payment Processor Remitly Plans Stablecoin Rollout for International Transfers
Remitly plans to introduce stablecoin functionality to its global payment network, marking a big shift in how the remittance company enables international money transfers. The Seattle-based fintech, known for serving immigrants and overseas workers, aims to improve speed, reliability and cost efficiency for users in over 170 countries. The company announced Monday it will begin…
South Korean Crypto Exchange Bitsonic CEO Faces Second Jail Term Over Fraud
The CEO of South Korean crypto exchange Bitsonic has been sentenced to a second jail term for another fraud charge. CEO Shin Jin-wook already faces a 7-year sentence in prison for stealing 10 billion won ($7.5 million) worth of customer deposits. South Korean media outlet Digital Asset reported that a Daegu District Court judge sentenced…
US Derivatives Watchdog to Open Futures Exchanges to Spot Crypto Trading
The Commodity Futures Trading Commission plans to allow spot cryptocurrency trading on exchanges it already regulates, expanding access to digital assets through federally registered futures markets. CFTC Acting Chairman Caroline Pham unveiled the plan on Monday, calling it the first move in the commission’s broader “crypto sprint,” a program aimed at quickly implementing key policy…
[LIVE] Crypto News Today: Latest Updates for August 05, 2025 – Crypto Market Rebounds as Layer 2 Tokens Lead Surge, ETH Briefly Breaks Above $3,700
The crypto market saw broad gains over the past 24 hours, led by Layer 2 tokens which jumped 6.15%. Mantle (MNT) soared 16.32%, while Zora (ZORA) and Optimism (OP) rose over 5%. On the other hand, Ethereum (ETH) climbed 4.48%, briefly breaching the $3,700 mark, and Bitcoin (BTC) edged up 0.29% to hover near $114,000….
Elliott Wave Perspective: Dow Futures (YM) Nearing Final Push Before Significant Retreat
The Dow Futures (YM) cycle, initiated from the April 2025 low, has reached a mature phase and could conclude soon. We anticipate one final push higher to complete the impulsive cycle from that low. As shown on the one-hour chart, wave (3) of this impulse peaked at 45,312. The subsequent wave (4) pullback concluded at…