Author: John Smith

Terraform Labs founder Do Kwon is in talks to plead guilty in a U.S. criminal case tied to the $40 billion Terra collapse. Summary Do Kwon may plead guilty in U.S. case over the $40B Terra ecosystem collapse, according to Bloomberg sources. LUNA and LUNC prices fell as investors weighed potential legal and market fallout. Case follows global legal pressure, with Kwon already convicted in Montenegro and facing extradition requests. Terraform Labs founder Do Kwon may plead guilty in a U.S. criminal case over the 2022 collapse of the $40 billion Terra ecosystem, according to an Aug. 11 Bloomberg report citing people…

Stripe is quietly building a new payments-focused blockchain called Tempo, developed in partnership with venture capital firm Paradigm. Summary Stripe is developing Tempo, a layer-1 Ethereum-compatible payments blockchain with Paradigm. The move follows acquisitions of Privy and Bridge to expand stablecoin capabilities. Controlling a blockchain could cut costs, speed settlement, and deepen enterprise adoption. According to an Aug. 11 report from Fortune, the project surfaced through a now-removed job posting on the Blockchain Association’s career site, revealing early details about the stealth initiative. A new payments infrastructure play Tempo is described as a high-performance layer-1 blockchain compatible with Ethereum’s (ETH)…

Succinct price surged more than 26% in the past 24 hours as broader crypto momentum helped the decentralized zero-knowledge platform’s native token reach a new all-time high above $1.70. Summary Succinct token PROVE has spiked more than 26% in the past 24 hours. PROVE price is up 89% this past week and hit a new all-time high of $1.72 on Aug. 11. Exchange listings and broader crypto bounce helped the token higher. The Succinct (PROVE) token reached a new all-time high of $1.72 on August 11, 2025, hitting the milestone amid a post-mainnet launch rally. Succinct, which eyes the burgeoning…

Nansen flagged an unknown entity just parked 33,000 ETH in a freshly minted multisig wallet funded from a BitGo account. Meanwhile, Bernstein says such large-scale ETH moves could herald a broader rally where Coinbase stands to collect the biggest gains. Summary Nansen flagged a new multisig wallet receiving 33,000 ETH (~$143M) from a BitGo hot wallet on August 11. The wallet, likely linked to an institutional or high-net-worth entity, signals renewed large-scale capital flows into Ethereum. Bernstein analysts see such moves as a sign of an ongoing Ethereum “alt rally,” positioning Coinbase to benefit significantly. In a statement shared with…

Bitcoin is moving higher on the daily timeframe after breaching all key resistances below its all-time high. A test of the channel’s upper boundary is likely before a corrective phase sets in, targeting $135,000. Summary $119K is the critical support level maintaining bullish structure. BTC is approaching high timeframe resistance beyond all-time high at $135K. Rejection may trigger range trading between $100K and the channel top. Bitcoin (BTC) has cleared multiple resistance levels, leaving only the all-time high ahead. Once this final barrier is breached, it could trigger an accelerated push into the channel’s high resistance zone. However, this area…

The TON Foundation revealed that the venture arm of Coinbase has invested in its network. Summary TON Foundation reveals Coinbase Ventures invested in Toncoin. Coinbase didn’t disclose the amount of TON it holds. Sequoia Capital, Ribbit, Paradigm are among other VC investors in TON. The TON ecosystem is expanding after securing another major partnership. On Monday, August 11, the TON Foundation announced that Coinbase Ventures invested in Toncoin Toncoin (TON). TON Foundation is excited to share that @cbventures is now holding Toncoin. As one of the most recognized investors in the Web3 space, Coinbase Ventures, joining the growing list of…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. An institutional wallet bought 60 million XRP in 24 hours, and GMO Miner is now letting holders turn idle XRP into stable daily income through cloud mining contracts. Summary GMO Miner’s XRP cloud mining contracts allow users to earn passive income daily without mining hardware or complex setup. The platform supports multiple cryptocurrencies, offers flexible contract terms, and ensures security with multi-layer protection. Profits are automatically settled every 24 hours, with the principal returned at contract expiration for easy…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Solana nears a $100 billion market cap while XRP eyes $5, as Remittix rises fast as a utility-driven crypto contender for 2025. Summary Solana’s market cap approaches $97 billion, fueled by an 18% rally and strong technical momentum with potential to surpass $100 billion. XRP price surges amid Ripple-SEC optimism, targeting $5 as institutional interest grows and bullish patterns emerge. Remittix, with over $18.6 million raised, offers a payment-focused blockchain supporting 40+ cryptos and 30+ fiat currencies. Solana market…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Analysts say XYZVerse’s fusion of sports passion and memecoin hype could deliver gains that rival or surpass past crypto breakouts. Summary Sports-themed XYZ combines competitive culture with crypto, aiming for “Greatest of All Time” status in the memecoin arena. Presale has raised over $15m, with prices set to climb from $0.005 to a $0.10 target, offering up to 1,000x ROI potential. Backed by a clear roadmap and growing community, XYZVerse positions itself as a long-term contender beyond hype-driven tokens.…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Have you ever wondered, while walking down city streets, why ancient estates and houses often appear so majestic and endure for centuries, while many modern homes are built to last only around 100 years? The reason lies in how their creators viewed time. They didn’t just make for themselves or their families — they built for generations to come. Summary Our perception of time has been shaped by money itself. As fiat currencies steadily lose value, saving…