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Key Highlights:  Binance CSO Jimmy Su exposes North Korean hackers as the biggest threat in 2025. North Korean hackers poison open-source code. As of now $2.17 B stolen in first half of 2025.  North Korean hackers are the biggest and boldest threat to crypto in 2025, pulling off slick scams to infiltrate companies and snatch billions in digital assets. Binance’s Chief Security Officer, Jimmy Su, revealed that these operatives pose as job seekers, even using voice changers and deepfakes in interviews, raising the security stakes for crypto firms around the globe. North Korean hackers ramp up crypto industry infiltration Fake…

Key Highlights:  Backpack Exchange to publish Proof of Reserve daily. The reserve ratio is 100.42%, this indicates that there are more reserves than customer balances. The assets are diversified across SOL, USD, BTC and ETH, which ensure strong liquidity. Backpack Exchange, a well-known name in the field of cryptocurrency after the collapse of FTX, has announced that it will be publishing its Proof of Reserves every single day, verified and built by the acclaimed blockchain security firm OtterSec. This development will shape the way exchanges develop transparency and trust amongst its users. This move by Backpack Exchange shows that it…

Key Highlights:  Pudgy Penguins dropped 19.6% in the last 7 days. This has caused around 175 underwater loans being liquidated on Blur.  The Canary Capital PENGU ETF to include both Pudgy Penguins and PENGU tokens.  Such crises raise concerns about NFT volatility and valuation, which could complicate the ETF’s approval.  Pudgy Penguin, a well-known NFT collection, is facing a dramatic downturn as the floor price of the NFT fell by 19.6% over the last seven days as per CoinGecko. This movement has sparked intense volatility and forced liquidations on the Blur NFT lending marketplace. It has been observed that influencers…

Key Highlights:  OKX has burned 65 million OKB tokens which has affected the price of the token.  OKX has launched a layer update.  Analysts predict that this mix of change in tokenomics and technological advancement has led to this surge.  OKB, the native token of OKX cryptocurrency exchange has made it to the headlines as the token managed to surge more than 40% in the last 24 hours and has crossed the $200 mark. This amazing price jump has been primarily because of the massive token burn that has been executed recently, sweeping technological enhancements, and consolidation moves aimed at…

Key Highlights:  TRM Labs has announced launching of Beacon Network and it will be responsible for fighting crypto crimes.  Binance has joined in as the founding member of the network. The main aim of this collaboration is increase security and trust in the digital space.  TRM Labs, a well-known blockchain intelligence firm, announced that it has launched the Beacon Network. This platform is said to help detect and prevent crypto crimes in real time. Moreover, Binance, a well-known global cryptocurrency exchange, has also joined this network as a founding member. This indicate that there is a strong industry support for…

Key Highlights: Circle has claimed it has always worked closely with the government to build a safe financial space.  ZachXBT has accused Circle of delaying freezing addresses that were tied to Lazarus Group and Garantex. The dispute highlights the tension between corporate compliance and on-chain enforcement speed.  This week, a clash between crypto firms and regulators was observed on social media when blockchain sleuth ZachXBT questioned Circle’s claims of working closely with the government. This disagreement and dispute indicates a bigger issue: how stablecoin issuers can follow rules while staying true to crypto’s open and transparent spirit. Circle’s Big Moment…

Key Highlights: Futu Securities International launched SOL trading on Futu NiuNiu App. This move comes right after OSL launched SOL trading in Hong Kong recently. This move will potentially boost liquidity, credibility and adoption for SOL in the region. Futu Securities has announced the launch of Solana (SOL) retail trading services in Hong Kong today, August 14, 2025. This will mark a new chapter for the high-performance blockchain in the region’s regulated cryptocurrency market. This move will allow both retail investors and professional investors in Hong Kong to trade SOL through a popular app known as Futu NiuNiu App.  …

Key Highlights Canaan mined 89 BTC in July 2025.  The company exited Kazakhstan and ended a Texas hosting deal.  Redeployment of mining machines and strategic shifts.  Canaan Inc., a NASDAQ-listed crypto mining heavyweight, has dropped its July 2025 mining update, and the numbers keep stacking. The company mined 89 bitcoins last month, pushing its total stash to a solid 1,511 BTC. It’s all part of Canaan’s steady, long-game strategy; building a hefty bitcoin reserve to strengthen its position in the ever-competitive mining arena. Canaan Inc. holds steady with 89 BTC mined in July 2025, even as strategic exits and redeployment…

Key Highlights Crypto Beast, accused of dumping $11M in $ALT tokens, returns under a new X handle. ZachXBT traced 45 wallets traced to Crypto Beast. Crypto Beast’s new X handle sparks debate on crypto ethics and regulations. The crypto world is shocked as Crypto Beast, a popular influencer with nearly 800,000 followers, came back to X (formerly known as Twitter) and changed their username to @realcryptoelio. This comes after a major scandal where the influencer was accused of manipulating the market and causing the $ALT token to crash. This news was reported and uncovered by ZachXBT, a well-known on-chain investigator.…

Key Highlights  MARA hit a major benchmark in bitcoin holdings. Energized hashrate rose again in July 2025. A wind-powered data centre is on the way.  MARA Holdings Inc., a leading digital asset infrastructure company, today August 4, 2025, shared its unaudited bitcoin production results for July 2025. The numbers are big as the company has acquired more than 50,000 BTC. With these holdings, MARA has officially locked in its spot as the world’s second largest publicly traded holder of bitcoin.  MARA holdings reaches 50,000 bitcoin and announces other operational updates. MARA’s Management Reflects on July’s Performance Fred Thiel, MARA’s chairman…