Franklin Templeton brings tokenized money market fund to Avalanche
Franklin Templeton, a global investment firm managing over $1.6 trillion in assets, has expanded its tokenized money market fund to Avalanche. Franklin Templeton announced on Aug. 22 that its OnChain U.S. Government Money Fund had extended to the Avalanche (AVAX)…
Ethereum and Cardano remain bearish despite new milestone; Intel Markets gains traction
Crypto remains bearish despite Ethereum’s low gas fees and Cardano’s record holders, with growing interest in Intel Markets. #partnercontent
SunPump market cap reaches $268m as Sundog, FoFar, Suncat tumble
Tokens in the SunPump ecosystem experienced a significant decline, reflecting a similar downturn in the Pump.fun ecosystem. On Aug. 22, the Sundog (SUNDOG) token dropped by over 7%, reducing its market cap to $215 million. Other tokens in the ecosystem…
Only 0.0028% of Americans would qualify for the unrealized capital gains tax that had Crypto Twitter up in arms this week
Recent rumors swirling on X wrongly accused presidential candidate Kamala Harris of endorsing President Biden’s 2025 proposal for a 25% tax that includes unrealized capital gains. What’s the truth behind the headlines and what caused the confusion? Earlier this week,…
BTC re-staking platform SatLayer secures $8m in pre-seed funding
SaltLayer, a Bitcoin-powered restaking platform built on the Babylon staking protocol, has completed an $8 million pre-seed funding round. According to an announcement posted on X on Aug. 22, the Bitcoin (BTC) restaking platform received backing from several crypto-focused venture…
Crypto scam: 99 arrested in Philippine raid on Chinese-run center
Philippine authorities conducted a predawn raid on a Chinese-run scam center in Manila on August 22, arresting nearly 100 individuals involved in crypto and romance scams. Philippine police raided a Chinese-run scam center in Manilla, Philippines, on August 22, arresting…
Babylon Bitcoin staking drives BTC fees above $130
A Bitcoin fee bidding war erupted on Aug. 22 as Babylon debuted phase one of its native BTC staking offering. Early on Thursday, Aug. 22, the average Bitcoin (BTC) transaction fee was under $1. Closer to noon, users had to…
Bitfarms stock earns analyst praise after ‘transformational’ deal
H.C. Wainwright analyst Mike Colonesse described Bitfarms’ agreement to acquire Stronghold Digital Mining as “a transformational acquisition.” The analyst commented on the Bitcoin (BTC) miner’s potential to benefit from the Stronghold acquisition in a note shared with crypto.news on Aug.…
POPCAT surges 30% amid Binance news, massive whale buy
The Solana-based meme coin Popcat exploded by more than 30%, leading the top-performing coins after a major listing announcement from Binance. Cat-themed meme coin Popcat (POPCAT), surged to highs of $0.58 on Aug. 22. The gains for this Solana (SOL)…
Binance founder CZ moved to halfway house, remains in custody
Changpeng Zhao, the former CEO of Binance, has been transferred from prison to a halfway house at the Residential Reentry Management office in Long Beach, California. Crypto Twitter is pumping with rumors and speculation that Zhao has been officially released…