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đ„ Top Crypto News Highlights
Tornado Cash Developer Guilty on One Count in Federal Crypto Case
Roman Storm, co-founder of Tornado Cash, was convicted of conspiring to operate an unlicensed money transmitting business. While acquitted of charges like money laundering and sanctions violations, the partial conviction carries up to five years in prison and has sparked debate over developer liability and privacy tools .
Crypto Treasury Craze: Oversaturation Hits Its Peak
Galaxy Digital CEO Mike Novogratz warns the crypto treasury boomâcompanies holding Bitcoin as corporate reservesâis plateauing. Still, he remains optimistic about the long-term benefit of established players in the space .
Bearish Positioning in August Options Market
Data from Derive reveals traders are increasingly hedging via put options, anticipating downside risk for both Bitcoin and Ethereum this month .
Solana-Powered Token âBlockDAGâ Surges 2,660% in Presale
BlockDAG, a new presale project on Solana, is capturing attention with explosive early gains. Analysts point to a broader shift toward utility-driven crypto models .
$14.5M ICO Launch by Best Wallet Fuels U.S. Adoption Surge
Best Walletâs massive Initial Coin Offering has sparked renewed interest and adoption momentum in the U.S. market .
Crypto M&A and Regulatory Momentum Expands Infrastructure
Sector leaders like AlphaPoint highlight robust M&A activity and policy shifts that are reinforcing crypto infrastructure as a core part of the global financial system .
Bitcoin climbed back to around $114,000â115,000, bouncing off earlier weakness. However, the broader market sentiment remains clouded by macroeconomic uncertainty and ETF outflows .
