According to PANews, North Wales Police reported a victim lost approximately $2.8 million (around 2.1 million euros) in Bitcoin due to a social engineering attack. The scam involved fraudsters impersonating senior UK law enforcement officials, claiming the victim's identity appeared on a suspect's phone. They instructed the victim to 'protect' their assets via a fake website, leading to the theft of funds within minutes after the victim entered their wallet's mnemonic phrase. Police advise that law enforcement will not contact the public to discuss cryptocurrency holdings or request mnemonic phrases. Anyone receiving such calls should hang up immediately and verify by calling the non-emergency number 101. Blockchain security firm TRM Labs highlighted that in the first half of 2025, over 80% of stolen crypto assets resulted from private key and mnemonic phrase leaks. Additionally, Europe is experiencing a surge in physical attacks targeting crypto assets, with France reporting at least ten 'wrench attacks,' including attempted kidnappings and cryptocurrency ransom cases.

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According to the announcement from Binance, Binance Square has unveiled a new campaign on CreatorPad, offering verified users the opportunity to earn $100,000 in Kava (KAVA) token rewards. CreatorPad, a platform within Binance Square, allows users to complete tasks to earn token rewards. The campaign runs from 2025-08-21 09:00 (UTC) to 2025-09-21 09:00 (UTC). As of 2025-07-17, CreatorPad introduced a Mindshare Leaderboard that evaluates users' content based on quality and relevance. Higher rankings are achieved through thoughtful and consistent posts. To participate, verified Binance users must complete specific tasks to qualify for a share of the $100,000 KAVA reward pool. Eligible users who complete all tasks during the activity period will unlock a portion of the reward pool. Task 1 involves creating content on Binance Square and X with a minimum of 100 characters about the project, using the hashtag #KavaBNBChainSummer and $KAVA, and mentioning the project’s account @kava. Task 2 requires following the project’s account on Binance Square and X via the activity landing page. Task 3 involves trading a minimum of $10 in KAVA through spot, futures, or convert transactions. Rewards are structured based on participants' mindshare on the 30-day project leaderboard. The top 100 creators will share $50,000 of KAVA proportionally, while remaining eligible participants will equally share the other $50,000. Binance Square, formerly Binance Feed, aims to be a comprehensive social platform for Web3 trends, offering content from crypto experts and enthusiasts. Participants must complete account verification (KYC) to receive rewards, and posts must remain published for 60 days post-campaign. Binance reserves the right to amend terms and conditions, disqualify participants for violations, and interpret the activity's rules.

Wealthy Asian families and their investment arms are rapidly increasing their exposure to cryptocurrencies, driven by strong market returns. source: https://cryptonews.com/news/asian-family-offices-pour-100m-into-crypto-as-demand-surges/

North Wales Police are investigating a bitcoin theft after a scammer impersonated a senior officer and persuaded a victim to provide their seed phrase. source: https://www.theblock.co/post/367765/scammer-impersonates-uk-police-officer-steal-bitcoin?utm_source=rss&utm_medium=rss

Global online search interest in altcoins has experienced a notable decline this week, reflecting broader weakening in cryptocurrency markets as Bitcoin and altcoins retraced over the past six days.

Kanye West, now known as Ye, launched his own Solana-based token. He named the token Yeezy Money ($YZY) while calling it “A new economy, built on chain. ” source: https://www.cryptopolitan.com/kanye-wests-yzy-falls-54-amid-hype-trading/

Key points: Picture this: your neighbors are planning a dream family vacation. Everyone chips in for the flights, hotels, and activities, but instead of stuffing cash under the mattress, they’re pooling their crypto. Enter multi-sig wallets, a kind of digital family safe where multiple approvals are needed before any funds can be spent. Suddenly, managing money together becomes safer and a lot more fun source: https://news.shib.io/2025/08/21/the-digital-family-safe-how-multi-sig-wallets-protect-shared-crypto/

Summary: How does Hoichi’s Torii Gateway benefit Shibarium users? The Torii Gateway enables seamless movement between Shibarium and other blockchains, giving users broader access to services. It lowers transaction costs and ensures secure transfers through Fusion DCRM technology. The platform also helps newcomers explore crypto safely while aiming to make Shibarium their preferred home. Stan and Samantha, co-founders of the Shibarium-based crypto project Hoichi, have appeared on Shy Speaks, the podcast hosted by Shiba Inu lead developer Shytoshi Kusama, to discuss their Torii Gateway platform and its role within the ecosystem source: https://news.shib.io/2025/08/21/shibarium-builder-spotlight-hoichis-torii-gateway-expands-across-blockchains/

DBS has launched its first tokenised structured notes on Ethereum, breaking $100,000 investments into $1,000 units for easier trading. The notes, initially linked to cryptocurrencies, are available to accredited and institutional investors through local digital platforms.

According to PANews, Hong Kong-based investment management firm MicroBit has launched two virtual asset spot ETFs on the Hong Kong Stock Exchange as of August 21, 2025. The newly listed ETFs are the MicroBit Bitcoin Spot ETF (03430) and the MicroBit Ethereum Spot ETF (03425). The Ethereum Spot ETF will stake up to 30% of its Ethereum holdings, with the staking returns, after deducting related fees, being reinvested into the fund. Both ETFs have a management fee of 0.5%, making them competitively priced among cryptocurrency spot ETFs listed in Hong Kong.

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The global cryptocurrency market cap now stands at $3.84T, down by -1.43% over the last day, according to CoinMarketCap data. Bitcoin (BTC) has been trading between $112,380 and $114,822 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $113,432, down by -0.32%. Most major cryptocurrencies by market cap are trading mixed. Market outperformers include ASR, QTUM, and SCR, up by 31%, 15%, and 13%, respectively. Top stories of the day: BNB Market Cap Surpasses $120.01B Brazilian Lawmakers Consider Allocating Reserves to Bitcoin BNB Smart Chain Trading Competition: $3M Rewards Pool Goldman Sachs Sees Stablecoin Market Surging Toward Trillion-Dollar Growth Fed Policy Tightening Leaves Balance Sheet No Longer an Economic Booster, Says Jefferies Strategist Bitcoin News Today: VanEck Report Predicts Bitcoin Price Will Reach $180,000 by End of 2025 Binance Alpha to Launch Sapien (SAPIEN) Trading With Exclusive Airdrop Binance Wallet Exclusive TGE Event to List AKEDO (AKE) Willy Woo: MCR Risk Signals Declining as Investor Liquidity Returns to Bitcoin Santiment: Retail Crypto Sentiment Turns Extremely Bearish After Bitcoin Slips Below $113K Key Economic Data and Events to Watch Today Indonesia’s Central Bank Governor: Weaker U.S. Inflation Driving Fed Rate Cut Expectations Market movers: ETH: $4272.85 (+1.19%) XRP: $2.8927 (-0.10%) BNB: $850.96 (+2.26%) SOL: $184.72 (+1.74%) DOGE: $0.21824 (+1.97%) ADA: $0.8697 (+1.74%) TRX: $0.3531 (+0.86%) LINK: $25.8 (+2.99%) WBTC: $113454.97 (-0.30%) XLM: $0.3966 (-0.55%) Top gainers on Binance: ASR/USDT (+31%) QTUM/USDT (+15%) SCR/USDT (+13%)

A long-time Bitcoin holder rotated all their holdings into a $282 million Ether long, crashing Hyperliquid BTC prices to a minor discount. source: https://cointelegraph.com/news/bitcoin-holder-sells-60m-btc-7-years-282m-ether-long?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The speed of ecological expansion, the evolution of the competitive landscape, and the stability of technology implementation will be the three core variables that determine whether it can maintain its long-term leadership.

If we use the strict definition of currency, a stablecoin is a payment tool that is lower in the hierarchy than a deposit, rather than a monetary tool.

A US judge has unfrozen $57.6 million in USDC tied to the Libra token scandal, giving the accused access to the funds. The class-action case over the \$107 million token collapse is still ongoing in the US and Argentina.

Some of the biggest names in crypto—including Binance, Coinbase, Bitfinex, Crypto.com, HTX, Kraken, PayPal, Poloniex, Ripple, and Zodia Custody—have become the first members of the Beacon Network, a new crime response system designed by TRM Labs to track and freeze illicit funds in real time.

What is the YZY project? What are the current controversies? What are your thoughts on the phenomenon of celebrities issuing tokens?

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