The UK government has imposed new sanctions on entities tied to Russia’s use of cryptocurrencies to bypass Western restrictions.In an Aug. 20 statement, UK authorities said Russia has turned to Kyrgyz financial institutions and opaque crypto channels to move funds through offshore networks.The UK named Kyrgyzstan’s Capital Bank and its director, Kantemir Chalbayev, as key players in the scheme used to purchase military goods on Moscow’s behalf.Meanwhile, these sanctions also covered Grinex, a Russian-founded crypto exchange viewed as the successor to the blacklisted platform Garantex.The authorities noted that Grinex had been openly marketed as a replacement for Garantex after US…
Author: cryphedge
Crypto investors holding the top five digital assets by market capitalization for more than 1 month have realized nearly $2.8 billion in profits over the past month, according to data from Glassnode.According to the blockchain analytics firm, the crypto market is beginning to show signs of contractions due to the significant profit-taking across Bitcoin, Ethereum, Solana, XRP, and Tron as traders sought to lock in gains from recent market strength.Bitcoin drives the majority of realized gainsGlassnode’s data shows that Bitcoin led the profit-taking among these digital assets, accounting for more than 50% of the activity.On July 18, Bitcoin holders who…
Journalist Hassan Shittu Journalist Hassan Shittu About Author Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in… Share Last updated: August 20, 2025 Solana’s leading meme coin launchpad, Pump.fun, has staged a dramatic comeback, posting one of its strongest weeks of 2025 and reclaiming dominance in the fiercely competitive meme coin market.According to data from DeFiLlama, Pump.fun generated $13.48 million in revenue between August 11 and 17, marking its best weekly performance since February. Source: DefiLlamaThe surge represents nearly a 700%…
Chainlink’s LINK has rallied to its highest level in seven months, fueled by large-scale whale accumulation and a steady stream of new institutional partnerships.According to CryptoSlate’s data, LINK’s price peaked above $26 on Aug. 18 following a month-long rally of around 30% before easing back to $24.71 at press time.Notably, the crypto token posted the sole green candle among the top 15 cryptocurrencies by market capitalization during the last 24 hours.What is driving LINK’s price?A key driver of LINK’s rally has been heightened activity in the derivatives market.CoinGlass data reveals that open interest in LINK futures has hit an all-time…
London, United Kingdom, August 20th, 2025, Chainwire MetaWin today announced the launch of the MetaWinners Millionaire, an NFT exclusive prize event with a guaranteed $1.3 million prize pool. The event will take place on September 30, 2025, and will see one NFT holder awarded $1 million, with an additional $300,000 distributed among other winners. Enter now for a chance to win $1.3 Million in in the MetaWinners Millionaire In an industry first, no entries will be available for purchase. The only path to participation is through ownership of a MetaWinners NFT, making this competition fully exclusive to the community. Any…
Crypto Journalist Amin Ayan Crypto Journalist Amin Ayan About Author Amin Ayan is a crypto journalist with over four years of experience in the industry. He has contributed to leading publications such as Cryptonews, Investing.com, 99Bitcoins, and 24/7 Wall St. He has… Share Last updated: August 20, 2025 Blockchain.com has strengthened its leadership ranks with the addition of Timothy Flynn, the former chairman and CEO of KPMG, to its board of directors. Key Takeaways: Blockchain.com expands board with top finance leaders, adding ex-KPMG CEO Timothy Flynn and Klaviyo CLO Landon Edmond. The firm’s board now has nine members, reflecting expertise…
On the macro chart, the SUI price has been consolidating after an extraordinary rally in Q4 2024, where it surged nearly 1000% from $0.48 to $5.34. Since this massive increase in price, the asset on the macro chart has moved into a converging pattern throughout 2025, but recent technical setups and strong network growth suggest a breakout could be approaching this quarter that may conquer the ATH. While analysts predict the odds of even entering price discovery mode this year.Q4 Rally and 2025 Consolidation Have Built a Strong Pattern In SUI PriceTechnically, on the weekly SUI price chart, the asset’s biggest…
According to CoinGecko’s HEX statistics, PulseChain climbed to an all-time high of $0.03122 in December 2024. The asset’s surge was in tandem with a larger crypto market rally. Bitcoin (BTC) had just breached the $100,000 mark for the very first time, and investors were ecstatic. HEX’s price has fallen by more than 65% since its December all-time high. In this price prediction article, let’s discuss if HEX can hit a new peak in 2025.Source: CoinGeckoHEX Price Prediction: New Peak in 2025?Source: PixabayHEX (PulseChain) is the new HEX coin after the project migrated to the PulseChain network. The asset climbed to…
Chainlink is emerging as one of the most significant cryptocurrency tokens to keep an eye on at the moment. The current bull market scenario has helped Chainlink’s price to attract the strongest momentum, helping investors across the board to test and explore LINK’s finest market capabilities. The massive attention has helped LINK soar past $26 in the latest feat; however, the token has since stabilized to sit at $24K at press time, waiting for another price push to help it soar to new highs. The Chainlink ecosystem is brimming with new activity, signaling a massive momentum shift that is underway…
Crypto Journalist Amin Ayan Crypto Journalist Amin Ayan About Author Amin Ayan is a crypto journalist with over four years of experience in the industry. He has contributed to leading publications such as Cryptonews, Investing.com, 99Bitcoins, and 24/7 Wall St. He has… Share Last updated: August 20, 2025 VC funding for crypto startups plunged in the second quarter of 2025, marking one of the weakest periods since late 2020. Key Takeaways: Crypto VC funding fell 59% QoQ to $1.97B across 378 deals, one of the weakest quarters since 2020. Mining led with over $500M raised, while later-stage firms captured 52%…
