Amdax Aims for 1% of All Bitcoin with Euronext Listing
Dutch crypto firm Amdax is launching AMBTS B.V. on Euronext Amsterdam, a firm dedicated to accumulating 1% of all circulating Bitcoin. This move follows a trend of European companies adopting robust Bitcoin strategies.
AMBTS B.V. will raise capital in stages. Amdax, registered with the Dutch Central Bank in 2020, recently obtained a MiCA license. Lucas Wensing, CEO of Amdax, notes that Bitcoin exposure in investment portfolios remains relatively low, despite its growing adoption by over 15 European companies. Bitcoin has significantly outperformed traditional assets over the last decade.
https://cryptovka.ru/en/news/3842/amdax-s-bold-bitcoin-bet-euronext-listing-to-accumulate-1-of-btc
Bitcoin Faces Critical Juncture: Deeper Corrections or Macro Support?
Bitcoin (BTC) has corrected nearly 8% from its all-time high, sparking debate about further declines. Technical indicators like the rising wedge and potential double top patterns suggest a move below $100,000. Whale addresses holding substantial BTC have also decreased, indicating profit-taking.
However, contrasting macroeconomic factors, such as a potential Fed rate cut and growing global money supply (M2), could counterbalance these bearish signals and support a sustained uptrend, with some analysts projecting targets between $132,000 and $170,000.
KuCoin Pay and Umy Partner to Enable Global Travel with Crypto
KuCoin Pay, the payment division of KuCoin, has partnered with Umy, a Web3 travel platform. This integration allows KuCoin users to book flights, hotels, and lifestyle services using over 50 cryptocurrencies, including KCS, USDT, USDC, and BTC.
The collaboration aims to provide seamless, borderless transactions for travelers, bypassing traditional banking intermediaries. A limited-time promotion offers $20 off every $200 spent for KuCoin users until September 1, 2025.
Flipster Introduces Zero-Spread Trading for Crypto Perpetuals
Flipster is revolutionizing cryptocurrency perpetuals trading with its new zero-spread model, eliminating hidden markups. This innovation offers traders a single, unified price for major perpetual pairs, enhancing transparency and profitability.
The platform also features "Earn While You Trade" functionality and boasts ISO 27001 certification for robust security. Flipster has seen an 856% year-on-year increase in trading volume in 2024.
Binance Alpha Spotlights MiL.k (MLK): Revolutionizing Loyalty Programs with Blockchain
MiL.k's utility token, MLK, is now listed on Binance Alpha, signaling a major step for the blockchain-based loyalty integration platform. MiL.k allows users to convert fragmented loyalty points into a unified, tradable asset, addressing inconsistencies in the loyalty industry.
The platform boasts partnerships with major Korean conglomerates like OK Cashbag and L.POINT, as well as global entities such as AirAsia and The Sandbox. MiL.k has also migrated to Arbitrum One for enhanced scalability.
"This listing on Binance Alpha reflects our ongoing efforts to innovate the loyalty sector," stated Jayden, CEO of Milk Partners.
Jeju City Cracks Down on Tax Evasion by Seizing Crypto Assets
South Korea's Jeju City has frozen and seized cryptocurrency holdings from 49 individuals owing over 230 million won ($166,269) in back taxes. This action, targeting a total of 19.7 billion won ($14.2 million) in arrears, utilizes exchanges like Bithumb and Upbit as third-party debtors. Jeju's Tax Division plans to expand its use of AI and virtual assets for tax collection. This move aligns with a national trend, with South Korea having seized approximately $180 million in crypto from tax evaders since 2021.
KuCoin Spotlight Features AKEDO: AI-Powered Gaming Revolution
KuCoin is highlighting AKEDO (AKE), a project blending AI, gaming, and blockchain. AKEDO utilizes a multi-agent AI framework for autonomous game content creation, aiming to be 100x faster and more affordable than traditional LLMs.
The platform supports multiple blockchains, including Solana, TON, and BNB, allowing users to earn various cryptocurrencies. KuCoin Spotlight offers early access to the AKE token sale.
Faraday Future Unveils Multi-Billion Dollar Crypto Strategy
EV innovator Faraday Future is launching a significant cryptocurrency strategy, including establishing a crypto treasury expected to reach tens of billions. The company plans an initial $30 million crypto purchase and aims to acquire $500 million to $1 billion in top cryptocurrencies.
Initiatives include a C10 crypto index, tokenized vehicle sales, and potential ETF creation. California State Treasurer Fiona Ma endorsed the strategy, citing economic benefits.
Despite past operational challenges, Faraday Future's shares have shown recent resilience.
Parag Agrawal's New Venture: AI Agents as Future Internet Users
Parag Agrawal, former CEO of Twitter, has launched Parallel Web Systems Inc. with its product, Deep Research API, an AI system designed for autonomous web information gathering and analysis. Agrawal believes AI agents will soon outnumber humans as primary internet users, driving a significant shift in digital interactions.
This vision aligns with insights from Coinbase developers who see autonomous AI agents as potential key users of Ethereum. A combination of HTTP standards and EIP-3009 could enable AI agents to conduct on-chain transactions, facilitating automated e-commerce and a decentralized digital economy. This integration of sophisticated AI agents with blockchain networks points to a future of enhanced utility and innovation within the crypto ecosystem.
Thailand Launches Crypto Sandbox for Tourists
Thailand has introduced TouristDigiPay, a regulatory sandbox allowing foreign visitors to convert cryptocurrencies into Thai baht for electronic payments. This initiative aims to revitalize the nation's tourism sector, which has seen a decline in foreign visitors.
The scheme requires KYC due diligence and accounts with regulated entities. Safeguards include monthly spending limits and a ban on direct cash withdrawals. This move positions Thailand as a leader in integrating digital assets into tourism.
https://cryptovka.ru/en/news/3833/thailand-unleashes-crypto-payment-sandbox-to-revitalize-tourism
Crypto Influencer Sentenced for Cryptojacking Fraud
Charles O. Parks III, known as “CP3O,” received over a year in prison for orchestrating a cryptojacking operation that defrauded cloud providers of $3.5 million.
Parks used fake corporate identities to gain elevated computing privileges, mining nearly $1 million in ETH, LTC, and XMR. He pleaded guilty to wire fraud. The illicit gains funded a lavish lifestyle, leading to forfeiture of $500,000 and a luxury vehicle.
China's Stimulus: A Potential Catalyst for Altcoin Surge?
Global economic trends, particularly potential stimulus from China's central bank, are increasingly influencing the cryptocurrency market. Historically, increased global liquidity, driven by lower interest rates or special financing, tends to benefit risk assets like cryptocurrencies.
A 21Shares report noted a 94% correlation between Bitcoin's price and global liquidity. With significant global monetary bases, China's economic decisions are crucial. Recent data suggests potential stimulus: July retail sales declined 0.1% MoM, fixed asset investments dropped 5.3% YoY, industrial production rose 0.4%, and urban unemployment hit 5.2%. Analysts anticipate stronger PBOC support soon.
Despite recession fears, markets show resilience, with the S&P 500 reaching new highs and US Treasury yields increasing, indicating reduced risk aversion. Substantial Chinese stimulus could drive liquidity into risk assets, potentially propelling altcoins to new all-time highs.
https://cryptovka.ru/en/news/3831/china-s-stimulus-the-catalyst-for-the-next-altcoin-surge
Qubic Executes 51% Attack on Monero, Sets Sights on Dogecoin
Qubic, an AI-focused blockchain project, has successfully executed a 51% attack on Monero (XMR), gaining majority control of its computing power. Following this, the Qubic community has voted to target Dogecoin (DOGE) next.
The decision to target Dogecoin, which has a market capitalization over $35 billion, was overwhelmingly supported by the Qubic community. This move raises serious questions about the security of other proof-of-work (PoW) blockchains.
Kraken temporarily suspended Monero deposits due to potential risks to network integrity.
https://cryptovka.ru/en/news/3830/after-monero-takeover-qubic-community-sets-sights-on-dogecoin
Apple Explores AI Robotics with Web3 Implications
Apple is reportedly re-entering AI-powered robotics, moving beyond Apple Intelligence. Internal concepts include a tabletop robot prototype, codenamed J595, envisioned as a personal smart assistant, and potential mobile or humanoid robots. These advancements could intersect with Web3 through decentralized data ownership, autonomous economic agents interacting with smart contracts, and blockchain-based digital identities for robots. This convergence highlights a pivotal moment where AI, robotics, and decentralization could redefine technological interaction and the Web3 economy.
Little Pepe Presale Surpasses $20 Million
Little Pepe ($LILPEPE), an Ethereum-based meme coin, has achieved a significant milestone by raising over $20 million in its presale. The project utilizes Ethereum Layer 2 technology for enhanced transaction speed and reduced fees, aiming for scalability and wider accessibility.
A smart contract audit by CertiK has been completed, reinforcing trust and security. The project's success is further driven by an active and engaged community, fostered through consistent social media interaction and marketing campaigns. With a focus on technological soundness and community backing, Little Pepe aims to establish a lasting presence beyond the typical meme coin trends.
Bitcoin Eyes Potential Correction Before Q4 Rally, Analysts Say
Bitcoin has seen six consecutive weeks of price discovery uptrend. However, analysts like Rekt Capital suggest a correction may be imminent, following historical patterns post-halving.
The second uptrend in a cycle typically ends between weeks 5-7. As Bitcoin enters its seventh week, a pullback could occur, testing market resilience. Previous cycles show corrections starting between weeks 6-8, with one instance seeing a 30% drop.
Despite potential short-term weakness, the outlook for Q4 remains optimistic. Traders anticipate a "quick flush followed by an explosive Q4" in bull market years. This dip could set the stage for new all-time highs.
*Disclaimer: This is not financial advice. Always conduct your own research.*
US Explores Budget-Neutral Bitcoin Reserve Strategies
Proposals for a US strategic Bitcoin reserve are gaining momentum. Author Adam Livingston suggests using tariff receipt surpluses for BTC acquisitions, a move aligned with previous directives for budget-neutral strategies.
Treasury Secretary Scott Bessent confirmed the exploration of such pathways, including revaluing gold holdings and reallocating existing assets. This reflects a growing recognition of Bitcoin's geopolitical importance, with concerns that the US risks being "front run" by other nations.
https://cryptovka.ru/en/news/3826/strategic-bitcoin-reserve-could-us-tariff-surpluses-pave-the-way
Public Companies Amass Billions in Ethereum Holdings
Publicly traded firms are increasingly diversifying their treasuries with digital assets, with Ethereum (ETH) now at the forefront. Collectively, these entities hold over 3.7 million ETH, valued at nearly $17 billion, representing more than 3% of the total supply.
Key players include BitMine Immersion Technologies (1,150,263 ETH), SharpLink Gaming (728,804 ETH), and The Ether Machine (345,362 ETH). Coinbase, Bit Digital, ETHZilla, and BTCS are also significant accumulators. This trend signifies growing institutional confidence in Ethereum's long-term value and utility.
https://cryptovka.ru/en/news/3825/the-great-eth-accumulation-public-firms-amass-billions-in-ethereum
Japan Approves First Yen-Denominated Stablecoins
Japan's Financial Services Agency (FSA) is set to approve yen-denominated stablecoins this fall, marking a significant step in the nation's digital finance evolution. Tokyo-based fintech firm JPYC will launch its stablecoin, pegged 1:1 to the yen and backed by assets like government bonds.
This development could substantially impact Japan's bond market, potentially increasing demand for Japanese Government Bonds (JGBs), similar to trends seen with US Treasurys. Circle's USDC has also received regulatory approval, becoming the first foreign-issued stablecoin cleared for the Japanese market.
https://cryptovka.ru/en/news/3824/japan-s-digital-yen-revolution-first-stablecoins-approved
AI Infrastructure: Crypto's Next Gold Rush?
Just as in the historical gold rush, infrastructure providers—not prospectors—secured consistent returns. Today, the escalating demand for AI compute power presents a similar opportunity for crypto.
While AI tokens capture headlines, major TradFi institutions are investing in data centers and hardware. Crypto's ability to transform financial plumbing into open markets can be applied to AI compute, a tangible, yield-generating Real-World Asset (RWA).
Focusing on compute as an active RWA offers a path to long-term value, reflecting the principle that infrastructure outlives hype.
https://cryptovka.ru/en/news/3823/crypto-s-gold-rush-moment-why-ai-infrastructure-is-the-real-play
DCG Sues Genesis Over $1.1 Billion Promissory Note
Digital Currency Group (DCG) has filed a lawsuit against subsidiaries Genesis Global Capital and Genesis Asia Pacific concerning a $1.1 billion promissory note. The note was issued in 2022 to cover potential losses from the Three Arrows Capital (3AC) default.
DCG alleges that Genesis profited from the 3AC recovery, primarily through Grayscale Bitcoin Trust shares, and should return payments made on the note. This is the latest in a series of legal disputes, with Genesis previously suing DCG for $3.3 billion over alleged fraud. The intertwined financial issues highlight the complexities arising from the 2022 crypto market downturn.
Crypto's Visibility Fuels 'Wrench Attacks'
A recent kidnapping in Brazil, where criminals demanded over $600,000 in Bitcoin from a crypto trader for his mother's release, highlights the growing threat of "wrench attacks." These crimes, involving crypto-fueled kidnappings, are surging globally. Criminals exploit public online information to target individuals perceived to have crypto wealth. High-profile cases in London, France, and New York underscore the need for discretion and robust security practices for crypto users. Stay vigilant and protect your digital assets and personal information.
https://cryptovka.ru/en/news/3799/the-rising-threat-how-crypto-s-visibility-fuels-wrench-attacks
CoinW Launches Comprehensive Platform Upgrade
CoinW has completed a full-scale upgrade of its platform architecture and business framework, integrating centralized and decentralized trading, public chain infrastructure, and institutional services into a unified global digital asset ecosystem.
The upgrade features a high-performance, secure, and flexible environment with a unified account system and strategy engine, combining trading, settlement, custody, and assetization. It also introduces AI-driven strategy execution and cross-scenario asset access.
The ecosystem is structured around four pillars: Centralized & Decentralized Trading, Foundational Public Chain Infrastructure, Institutional-Grade Services, and Integrated Asset Management.
Illegal Crypto Mining Drains Central Asia's Power Grids
Central Asian nations, particularly Tajikistan and Kazakhstan, are grappling with a surge in illegal cryptocurrency mining. In Tajikistan, the Attorney General reported $3.52 million in damages due to illicit electricity use by miners. Kazakhstan uncovered a scheme where energy company employees supplied mining enterprises with 50 MWh of electricity over two years, valued at $16.5 million.
The region's appeal lies in cheap energy, proximity to China, and inconsistent legal frameworks. These factors create opportunities for unregulated operations, impacting energy stability and legal systems.
Czech Authorities Detain Key Figure in Multi-Million Dollar Bitcoin Scandal
Czech police have detained Tomas Jirikovsky, reportedly the source of a $45 million Bitcoin donation to the Ministry of Justice. The funds, consisting of 468 BTC, are now under investigation for suspected money laundering and drug trafficking. An audit concluded the donation should have been rejected due to its potential illicit origins. This scandal previously led to the resignation of the Justice Minister and a no-confidence vote for the government.
New York Proposes 0.2% Excise Tax on Digital Asset Transactions
New York State Assembly Bill 8966 introduces a 0.2% excise tax on the sale and transfer of digital assets, including cryptocurrencies and NFTs. If enacted, this levy would apply from September 1st, aiming to fund substance abuse prevention and intervention programs in schools.
The bill must pass through the Assembly, Senate, and receive gubernatorial approval. This proposal reflects New York's continued engagement with regulating and taxing the digital asset sector, following its introduction of the BitLicense in 2015. The state's approach to crypto taxation varies from others, with New York treating digital assets as cash for tax purposes.
https://cryptovka.ru/en/news/3782/big-apple-bigger-taxes-new-york-s-proposed-crypto-sales-levy
Garantex Allegedly Evades Sanctions Through Pre-Planned Successors
A new report from TRM Labs suggests that sanctioned crypto exchange Garantex has implemented contingency plans to evade authorities. Entities like Grinex and Meer were allegedly incorporated months in advance, ready to take over operations. Funds were reportedly moved into specific stablecoins like A7A5 weeks before anticipated enforcement actions. This highlights a critical case study for understanding how illicit activities migrate and adapt, posing challenges for regulators.
Web3 Solutions Revolutionize Global E-Commerce Payouts
Huma Finance, Arf, Geoswift, and PolyFlow have partnered to offer same-day payouts to global marketplace sellers, addressing the delays inherent in traditional banking systems.
This Web3-powered solution utilizes Huma’s PayFi network and stablecoin liquidity, facilitated by Arf's compliant settlement infrastructure. The collaboration provides instant settlement, full compliance, scalability, and improved cash flow for millions of merchants worldwide. This initiative highlights the potential of decentralized finance to enhance global commerce.
US Treasury Secretary: No Plans for Federal Reserve Bitcoin Purchases
U.S. Treasury Secretary Scott Bessent has clarified that the federal government will not acquire additional Bitcoin to bolster its reserves. This announcement concludes speculation fueled by previous White House statements.
The existing U.S. strategic Bitcoin reserve, established via a March executive order, consists of seized cryptocurrencies. Bessent confirmed the reserve will grow through confiscations, stating, "We are going to use confiscated assets and continue to build that up." He added, "We’re going to stop selling that." The current holdings are estimated between $15 billion and $20 billion.
This position contrasts with earlier White House discussions about potential government Bitcoin acquisitions, which had excited many in the crypto community.
Coinbase Volume Surge: Institutional Buyers Drive Bitcoin Potential
Coinbase data indicates a significant uptick in institutional Bitcoin (BTC) trading volume, reaching 75%. This level historically precedes Bitcoin price increases within a week.
Institutions are acquiring Bitcoin at a rate 600% higher than the daily mining supply. Corporate treasuries alone added substantial BTC amounts recently.
This trend is linked to an improving US macroeconomic outlook and expectations of Federal Reserve rate cuts, making Bitcoin an attractive risk asset in a potentially easing monetary environment. The market anticipates a rate cut in September, with further cues expected from the Jackson Hole symposium.
* Coinbase institutional BTC volume at 75%.
* Strong institutional buying exceeding daily mining supply.
* US economic data fuels expectations for Fed rate cuts.
* Bitcoin viewed favorably in an easing monetary policy environment.
Metaplanet's Bitcoin Strategy Outperforms Japanese Blue-Chips
Metaplanet, a company focused on Bitcoin accumulation, has achieved an exceptional year-to-date growth of nearly 190% in 2025. This performance significantly surpasses that of Japan's top blue-chip companies, including those in the TOPIX Core 30 index, which saw an average gain of 7.2%.
Metaplanet's strategic pivot to Bitcoin, inspired by MicroStrategy, aims to acquire one percent of Bitcoin's total supply by 2027. The company is raising $3.7 billion through a stock offering to fund its aggressive Bitcoin purchases, having already invested over $100 million in August. This approach positions Metaplanet as a unique avenue for regulated Bitcoin exposure in Japan.
T3 FCU and Binance Unite to Combat Crypto Crime
The T3 Financial Crime Unit (T3 FCU), a joint initiative by Tron, Tether, and TRM Labs, has expanded its operations through a new program with Binance. Since its inception, the T3 FCU has frozen over $250 million in illicit crypto assets.
This expansion aims to address the growing sophistication of crypto crime, with $3 billion stolen in the first half of 2025. Funds are often laundered within hours, with less than 5% recovered. The T3+ program invites industry players to share intelligence and respond to threats in real-time.
Justin Sun, founder of Tron, stated the unit will "expand the scope of collaboration across the blockchain industry to better address illicit activity in real time." Paolo Ardoino, CEO of Tether, added, "Bad actors have nowhere to hide on the blockchain… and that it’s only through collective effort that we can build a safer, more trusted environment for users worldwide."