The crypto market is up today, seeing a minor uptick. Three-quarters of the top 100 coins per market have turned green over the past 24 hours. That said, the cryptocurrency market capitalization has dropped by another 3.6% to $3.96 trillion. At the same time, the total crypto trading volume is at $154 billion. TLDR: Crypto…
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NFT Sales Hit $574 Million in July, Second-Highest Monthly Total of 2025
NFT sales surged to over $574 million in July, marking the second-highest monthly total in 2025, according to data from CryptoSlam. Key Takeaways: NFT sales jumped to $574 million in July, marking a 47.6% monthly increase. Buyers are consolidating around high-value assets, with average sale prices hitting $113. Ethereum-based collections dominated the market, fueled by…
Bolivia Calls Crypto ‘Reliable Alternative’ in New El Salvador Partnership Deal
Bolivia’s Central Bank has signed a memorandum of understanding with El Salvador’s National Commission of Digital Assets to promote crypto development, marking a dramatic policy reversal for a nation that previously banned virtual assets and now calls them a “reliable alternative” to traditional currencies. The cooperation agreement enables mutual information exchange and knowledge sharing on…
SEC Sets New Crypto ETF Standards, Dozen Major Tokens Could Qualify by October
The Securities and Exchange Commission (SEC) has established new listing standards for cryptocurrency exchange-traded products that could clear the path for approximately a dozen major digital assets to gain ETF approval by October. The CBOE filing reveals that any cryptocurrency with futures contracts trading on designated markets for at least six months would automatically qualify…
Crypto Investment Entity Ether Machine Scoops 15,000 ETH, Surpasses Ethereum Foundation
Ether Machine, backed by several high-profile industry investors including Pantera Capital and Kraken, has announced purchasing 15,000 ETH as part of its long-term treasury strategy. Per an official release, the company bought ETH worth $56.9 million at $3,809.97 per token. The fresh purchase brings its total ETH holdings to 334,757 ETH and has $407 million…
10 Million People Globally Targeted by Fake Crypto App Ads, Check Point Warns
A global malware campaign has exposed more than 10 million people to deceptive crypto app ads, according to a new report from cybersecurity firm Check Point. Key Takeaways: Fake crypto app ads have exposed over 10 million people to malware. The malware uses JavaScript and advanced evasion tactics to avoid detection. Victims risk losing passwords,…
White House Crypto Report: Key Takeaways and Industry Reaction
Just last year, the idea of the White House issuing a 166-page report outlining how the U.S. can become “crypto capital of the world” would have been unthinkable. But with Donald Trump now in the Oval Office — after adopting a staunch pro-Bitcoin stance during the campaign — this has become a reality. The in-depth…
Kraken Revenue Rises to $411.6 Million in Q2, Up 18% from Last Year
Crypto exchange Kraken reported $411.6 million in revenue for the second quarter, marking an 18% year-on-year increase, according to the company’s latest financial disclosure published Wednesday. Key Takeaways: Kraken posted $411.6 million in Q2 revenue, up 18% year-on-year. Exchange volume rose 19% from last year but declined 11% from the previous quarter. The firm is…
Samourai Wallet Executives Stare at 5-Year Sentence After Pleading Guilty
The founders of Bitcoin mixing platform Samourai Wallet could face up to five years in prison after pleading guilty to operating an unlicensed money transmitter. The plea agreement, entered Wednesday, spares the pair from a more serious money laundering charge that carried a potential 20-year sentence. Court documents show that William Lonergan Hill and Keonne…
CoinDCX Staff Held for $44M Heist, Hackers Exploited Login Credentials
In an interesting twist to the massive hack of Indian crypto exchange CoinDCX, police have found evidence of possible insider involvement. An employee was arrested on suspicion of involvement in the fraud. Per local reports, hackers exploited login credentials of a CoinDCX tech employee to siphon $44 million in crypto. The employee, Rahul Agarwal, works…