Business owner faces up to 280 years over $24M crypto Ponzi scheme
A federal jury convicted Brent Kovar of wire fraud, mail fraud and money laundering after he took $24 million from at least 400 investors. Source：Cointelegraph
Franklin Templeton and Hashkey roll out U.S. tokenized money fund in Asia
Tokenized U.S. treasury and money market funds are one of the fastestgrowing segments in the digital asset markets, growing fifteenfold in two years.…
Live updates: Bitcoin ETFs draw a seventh straight day of inflows as the rally holds above $80,000
Spot bitcoin funds took in $337.56 million on Aug. 24, extending an unbroken run of inflows that has now put real money behind a rally that started with a…
Coinbase debuts tokenized stocks on Base network, joining race to bring equities on blockchain
The crypto exchange is starting with tokenized versions of Apple, Nvidia, Meta and Alphabet, issued under its new Abu Dhabi framework. Source：CoinDesk
Tom Lee's Bitmine buys $81 million of ETH in largest weekly haul since early July
The treasury firm stepped up its ETH buying as Tom Lee said the crypto’s 30% weekly rally could signal a larger move ahead. Source：CoinDesk
Standard Chartered becomes first bank to distribute Hong Kong dollar stablecoin
The Londonbased multinational bank with $850 billion in assets announced it will distribute Anchorpoint's HKDAP to eligible clients and partners.…
Gemini strikes Apex deal to widen prediction markets reach
The planned tieup would make Gemini the exclusive CFTCregulated venue for crypto event contracts offered through Apex’s futures commission merchant.…
Live updates: Bitcoin holds $77,000 as XRP, Zcash pull back after a big weekly rally
Bitcoin holds its gains near $77,000 after a 22% week, while last week's biggest altcoin winners steady, with focus turning to Fed Chair Warsh's Jackson Hole…
Stablecoin neobank Fasset lands $1 billion valuation as SBI backs its payments push
The firm raised $68 million as its revenue has grown sixfold as stablecoin payments and settlement expand, CEO Mohammad Raafi Hossain told CoinDesk.…
Crypto card spending tops $1 billion as stablecoins move into everyday purchases
Tracked card volume more than tripled in a year, with USDC and USDT funding over 70% of spending as users increasingly paid for groceries, rides and…
Crypto’s next billion users might be AI agents, and they’re paying with stablecoins
According to Coinbase’s head of AI product, we’re currently in the “Napster/LimeWire era” of agentic payments. Source：CoinDesk
Crypto exchange BitMart weighs partial restart and creditor payouts weeks after announcing shutdown
The exchange has hired White & Case as restructuring counsel, with a detailed roadmap expected by Sept. 9. Source：CoinDesk