Crypto News
Verb Technology Raises $558 Million to Launch First TON Treasury Company
Verb Technology is set to rebrand as TON Strategy Co. after securing $558 million in an oversubscribed PIPE offering to establish the first publicly listed toncoin treasury. The move aligns with TON’s deep integration into Telegram’s ecosystem and positions Verb as a leading institutional holder of TON. TON Strategy Company Set to Debut As VerbSource link
CFTC Approves Spot Crypto Trading on Registered Exchanges
In a landmark development, the Commodity Futures Trading Commission (CFTC) announced on August 4, 2025, that it will permit spot crypto trading on exchanges registered under its jurisdiction. The decision, announced in coordination with the Securities and Exchange Commission (SEC) as part of the broader Project Crypto initiative, was first reported by Reuters. The followingSource link
India Freezes Assets Linked to Man Jailed in US Over $20M Crypto Fraud
Chirag Tomar, convicted in the U.S. for a $20M crypto scam using fake Coinbase websites, ran a phishing network targeting global victims.Source link
DOGE Sheds 5% as Volume Quadruples, Testing Key Support Zones
Meme coin DOGE extended its slide on Monday, falling through support levels and triggering fresh selling interest as broader market risk appetite collapsed.What to KnowDogecoin fell 5% over the 24-hour session from August 4 at 21:00 to August 5 at 20:00, declining from $0.21 to $0.20. The token traded within a $0.013 range, with lows of $0.198 and highs of $0.211. A key liquidation event occurred during the 14:00 hour on August 5, with volumes reaching 877.9 million — nearly 4x the 24-hour average of 268.85 million — triggering a breakdown below $0.205.DOGE ended the session at $0.1985 after failing to reclaim higher resistance zones, signaling continued institutional selling and confirming new downside momentum. The move comes amid broader crypto...
Weakness Begins to Emerge For Bitcoin as Crypto Market Trends South
Bitcoin’s August rebound faces resistance as long-term holders cash out and institutional sentiment begins to cool for the month.Source link