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Point72, ExodusPoint Reveal Stakes in Alt5 Sigma Amid SEC Probe, Per Bloomberg
In a Monday report, Bloomberg confirmed that asset management firms Point72 and ExodusPoint have both acquired stakes in Alt5 Sigma (NASDAQ: ALTS) , a biotech firm turned crypto payments company.
The deal shows Point72 holding a 4% stake valued at $26.7 million, while ExodusPoint holds 4.7% worth $32.1 million.
This fresh inflow follows a $1.5 billion deal involving Donald Trump–backed World Liberty Financial, suggesting a broader trend of these institutional investors seeking indirect exposure to crypto, potentially in hopes of major gains.
Still, not all the news is positive. Some investors remain on the sidelines amid a Securities and Exchange Commission (SEC) probe. ALT5 in a X post has dismissed the SEC’s case over an alleged insider deal involving World Liberty Financial and Jon Isaac, who was reported to be the company’s CEO.
Between Monday, August 18, when the news broke, and now, the market reaction has been sharp, with the token’s price plunging 18.94% to $5.63 at press time.
The immediate sell-off signals fading market confidence, likely heightened by the SEC probe and the broader market crash earlier in the week that saw Bitcoin plummet as low as $112,000.
Institutional Interest in Crypto Isn’t New
Institutional adoption of crypto is not new. However, investors have historically taken more direct routes—unlike Point72 and ExodusPoint—such as exchange-traded funds (ETFs) or building crypto-backed reserves.
For context, asset managers such as BlackRock, Grayscale, and Fidelity already maintain significant exposure through ETFs, particularly those tied to Bitcoin and Ethereum.
At the time of writing, Bitcoin assets under management stand at $146.18 billion, while Ethereum’s figure is $25.93 billion. In reserves, Bitcoin totals $167 billion held by 110 entities, compared to $11 billion in Ethereum holdings.
Report: Elon Musk’s ‘America Party’ Plans Hit a Standstill
Elon Musk, a tech entrepreneur, has put his plans to start the “America Party” on hold. He announced the political party in July 2025 after having a public fight with President Donald Trump. The Wall Street Journal says that Musk is focusing his emphasis on his enterprises, such as Tesla and SpaceX, while still keeping a strategic relationship with Vice President JD Vance.
Musk’s first idea was to form a third party to challenge the two-party system in the U.S., which he called a “uniparty” that doesn’t represent most Americans.
Musk decided not to go through with the America Party because he was worried that it could split the Republican vote, which could hurt the party’s chances in the 2026 midterm elections and make his relationship with Vance, a possible Republican presidential candidate in 2028, tense.
Reports say that Musk has been in touch with Vance and even suggested that he would help him run for president in 2028. This change comes after Musk spent a lot of money on politics in 2024, giving around $300 million to assist Trump and other Republicans, including running the Department of Government Efficiency (DOGE).
Where The Idea For The America Party Came From
The idea for the America Party came about after Musk’s fight with Trump over the “One Big Beautiful Bill Act,” a spending bill that would add $3.3 trillion to the U.S. national debt over the next ten years. Musk, who had been a prominent player in Trump’s cabinet, quit his job as DOGE in May 2025.
He called the plan “insane” and said it would make it harder for him to cut federal spending. Musk asked his 200 million X followers on July 4, 2025, and 65% of them said they wanted a new party to be formed. The next day, he said he was starting the America Party and promised to focus on winning important congressional seats to influence key legislation.
The party was meant to be a centrist, pro-Bitcoin group that pushed for deregulation, free expression, and the use of AI to modernise the military. But it hasn’t registered with the Federal Election Commission or set up an official platform yet, which makes some wonder if it will work.
Problems and How The Market Reacts
It is very hard to start a third party in the U.S. because of complicated state regulations for getting on the ballot and the two-party system that has been in place for a long time. Political observers were sceptical about Musk’s ideas since they said that third parties rarely win without a lot of support from the ground up.
Tesla investors were also worried as the company’s stock fell 18% in 2025 after Musk’s political comments, which showed that people were afraid that his political focus would take away from his business interests.
Musk’s Reaction and Future Outlook
Musk said on X that The Wall Street Journal’s report was not real. “Nothing [The Journal] says should ever be thought of as true,” he said. Even still, insiders say he has stopped reaching out to political allies and cancelled meetings with third-party organisers. Musk hasn’t completely ruled out bringing back the America Party. Still, he’s more focused on building his relationship with Vance and keeping his businesses stable during tough economic times.
Musk still has a lot of political power as the 2026 midterms approach, but the America Party’s launch looks less likely. His possible support for Vance in 2028 could change how Republicans work together, but for now, the billionaire’s political experiment seems to be on pause.
Nuvei Integrates with Zuora to Power Global Subscription Payments
Nuvei has announced a strategic integration with Zuora to strengthen support for enterprise recurring revenue models at global scale. The integration combines Zuora’s monetization platform with Nuvei’s global acquiring capabilities, local payment method coverage, and transaction optimization.
The partnership is designed to streamline recurring payments for international enterprises by improving authorization rates, simplifying reconciliation, and enabling expansion into new markets without the need for multiple payment service provider relationships.
“Enterprise merchants are doubling down on recurring revenue models”
Phil Fayer, Chair and CEO of Nuvei, commented, “Enterprise merchants are doubling down on recurring revenue models, and payments are a critical part of delivering seamless, localized experiences at scale. This integration with Zuora reflects our ability to support complex, high volume businesses with agile, modular payment solutions, particularly in growth markets like Latin America, where consumer demand for subscription services is accelerating.”
Daniel Enekes, VP of Strategic Partnerships and M&A at Zuora, said, “This partnership marks a significant step in scaling the global reach of Zuora’s monetization platform. As more enterprises adopt recurring revenue models, especially in high-growth markets, our integration with Nuvei empowers them to scale subscription, usage-based, and hybrid offerings with the agility, compliance, and local payment sophistication needed to succeed worldwide.”
The announcement comes as the subscription economy is projected to grow from $593 billion in 2024 to $996 billion by 2028, according to industry data. Companies in Zuora’s Subscription Economy Index grew revenue 11 percent faster than the S&P 500 over the past two years.
Nuvei said the partnership builds on its expanding enterprise capabilities, including platform integrations, merchant-of-record services, and direct local acquiring in more than 50 markets worldwide.
Nuvei expanded money movement services
Nuvei recently expanded its money movement services to enable faster and lower-cost payouts to bank accounts globally, including in markets where traditional payment infrastructure can be slow or costly. The company said the new approach uses stablecoin rails to transfer value on the backend, reducing reliance on intermediaries and improving settlement times in underserved regions.
Nuvei said businesses can now fund virtual bank accounts using local rails, bypassing SWIFT transfers, with cross-border value transfer completed via blockchain technology. Settlement can occur on the same day or next day, and local financial institutions in the destination country connect to domestic networks to deliver payouts in fiat currency.
The company said the expanded payout capabilities support intra-company transfers, third-party payouts to single recipients such as vendor payments, and multi-party payouts for use cases like global payroll, marketplace seller disbursements, and remittance programs. Nuvei said the system also uses multiple foreign exchange providers to obtain competitive rates and manage currency volatility.
The service integrates into Nuvei’s global platform, which supports more than 200 markets with local settlement in 150 currencies, alongside existing payout methods including bank transfers, real-time payment networks, eWallets, and card networks.
Nuvei entered Japan
Nuvei also announced its entry into the Japanese market following its acquisition of Paywiser Japan Limited, which includes an acquiring license granted by Japan’s Ministry of Economy, Trade, and Industry, enabling Nuvei to offer direct acquiring capabilities in the country across major card schemes and alternative payment methods (APMs).
The firm’s headquarters in Tokyo will complement its existing offices in China, Hong Kong, Australia, and Singapore. Over 200 payment experts will be located across the Asia-Pacific region.
Japan’s eCommerce market represents significant growth opportunities, as the fourth-largest globally and the second-largest in the APAC region.
The market is expected to grow at a compound annual growth rate of 11.6% from 2024 to 2032, with its total size projected to increase from USD 230 billion to more than USD 650 billion over the same period. By 2026, the volume of online buyers in Japan is forecast to exceed 100 million people, accounting for 83% of the population. eCommerce transactions are expected to make up 22% of all commerce by 2028.
The acquisition enables Nuvei’s international clients to enter the Japanese market seamlessly through a single integration with Nuvei’s core platform. This entry facilitates cross-border business expansion and offers local Japanese businesses the ability to scale operations with agile payment solutions.
Nuvei’s portfolio of payment technologies includes modular capabilities that support diverse business models and transaction types.
Nuvei obtained MPI license from Singapore MAS
Last year, Nuvei secured a Major Payment Institution (MPI) license from the Monetary Authority of Singapore. The regulatory milestone will enable the payments company to significantly expand across the APAC region and offer domestic and cross-border money transfers, along with merchant acquisition services in Singapore.
Nuvei’s platform is tailored to reduce operating costs for businesses, improve conversion rates, ensure payment solution consolidation, maximize payment acceptance, and minimize risk while improving customer payment experiences.
Beyond Singapore, Nuvei has been enhancing its presence across the Asia-Pacific, including launching direct card-acquiring capabilities in Australia and growing its operations in China. Nuvei supports 680 alternative payment methods and provides acquiring options in more than 50 markets.
US Judge Orders EminiFX Founder to Pay $228 Million Over Ponzi Scheme
A federal judge in Manhattan has ordered Eddy Alexandre, founder of the collapsed crypto platform EminiFX, to pay more than $228 million in restitution after ruling the company operated as a Ponzi scheme that defrauded tens of thousands of investors.
The ruling, handed down by U.S. District Judge Valerie Caproni, also requires Alexandre to pay $15 million in disgorgement, according to a Tuesday court filing. The decision followed a summary judgment secured by the U.S. Commodity Futures Trading Commission (CFTC) against Alexandre and EminiFX.
“Defendants Alexandre and EminiFX are jointly and severally liable to pay restitution in the total amount of $228,576,962,” the order stated.
A $262 Million Fraud Disguised as Robo-Trading
EminiFX, launched in 2021, raised more than $262 million from over 25,000 investors in just eight months by promoting weekly returns of 5% to nearly 10%. The platform claimed its “Robo-Advisor Assisted Account” used automated crypto and forex trading strategies.
In reality, investigators found the firm suffered net losses of at least $49 million and never used the trading technology it advertised. Alexandre siphoned off $15 million for personal expenses, including luxury cars, credit card bills, and cash withdrawals. Early investors were repaid with funds from new participants, a hallmark of a Ponzi scheme.
The case dates back to May 2022, when prosecutors and the CFTC filed parallel actions. In a criminal proceeding, Alexandre pleaded guilty to commodities fraud and in 2023 received a nine-year prison sentence along with a $213 million restitution order.
The latest civil ruling adds a parallel restitution and disgorgement mandate, though any repayments will offset his disgorgement obligation.
A court-appointed receiver has overseen asset recovery and distribution since 2022. A payout plan was approved in January, and victims began receiving funds earlier this year.
The case adds to a broader trend of enforcement actions against crypto fraud in the U.S. Losses from hacks, scams, and exploits totaled $2.47 billion in the first half of 2025, according to blockchain security firm CertiK. While incidents fell in the second quarter, total losses this year are already higher than in 2024.
ARK Invest Snaps Up $21M in Bullish, $16M in Robinhood Shares Amid Crypto Market Dip
On August 19, 2025, Cathie Wood’s ARK Invest made a big move by buying $21.2 million worth of Bullish shares and $16.2 million worth of Robinhood shares, even though crypto-related equities were selling off across the board. Trade alerts say that the ARK Innovation ETF (ARKK) bought 356,346 shares of Bullish, a company that runs a crypto exchange, and 150,908 shares of Robinhood Markets, a crypto trading platform.
This purchase fits with ARK’s plan to double down on digital asset companies when the market is down, viewing declines as opportunities for investment. The crypto market saw strong pressure on August 20, 2025, with Bullish shares decreasing 6.09% to close at $59.51 and Robinhood declining 6.54% to $107.50.
Other stocks that are linked to cryptocurrencies, such as Coinbase (-5.82%), Galaxy Digital (-10.06%), and Circle (-4.49%), also dropped, showing that the market is nervous. The Nasdaq Composite dropped 1.46%, which shows that investors are being careful as hopes for rate cuts fade. Even though these prices have gone down, ARK’s purchases show that it believes in the long-term potential of investments tied to cryptocurrencies.
Building on Bullish’s Successful IPO
This new investment comes after ARK spent a lot of money on 2.53 million Bullish shares across three ETFs on the crypto exchange’s New York Stock Exchange debut on August 14, 2025. Bullish’s initial public offering (IPO) garnered $1.1 billion by selling 30 million shares at $37 apiece.
On its first day of trading, the stock price went up 83.8%, reaching a high of $118 before settling at $68. With its newest purchase, ARK now owns more than 1.16 million shares of Bullish, which are worth about $73.85 million. This shows that ARK is serious about the crypto exchange.
Bullish is based in the Cayman Islands and runs a cryptocurrency exchange. It also owns CoinDesk, which makes it a major participant in the digital asset industry. ARK keeps putting money into Bullish because it thinks the company has significant room for growth, especially as the crypto market matures and attracts more interest from big companies.
Robinhood’s Crypto Appeal is Growing
ARK has bought shares of Robinhood for the third consecutive time, spending $14 million on August 18 and $9 million on August 16. In Q2 2025, Robinhood‘s crypto trading volume rose 32% year over year to $28 billion, and its crypto-related revenue almost doubled to $160 million.
As of August 18, the stock has gained 208.7% this year, which shows how popular it is with investors who think fintech and cryptocurrencies will meet. ARK’s constant buying frenzy shows that they trust Robinhood as a platform for trading crypto that is easy for regular people to use.
Getting Through Market and Regulatory Problems
The U.S. Securities and Exchange Commission (SEC) is signalling a trend towards expanded retail access to alternative assets, including cryptocurrencies, as indicated in a recent executive order. This is when ARK is making its investments. Paul Atkins, the chair of the SEC, stressed the importance of “proper guardrails” to keep investors safe from the risks of private assets that aren’t liquid.
ARK’s plan to buy during declines fits with its history of making big bets in volatile markets. However, it also shows how risky it is to use too much leverage in stocks that are exposed to cryptocurrencies when things are uncertain.
Ark’s Vision For The Long Term
Cathie Wood’s unshakeable optimism about the future of the cryptocurrency sector is shown in ARK Invest’s most recent purchases, even if the market is volatile. ARK is getting ready to take advantage of the growing demand for digital assets by boosting its interests in Bullish and Robinhood.
But investors should still be careful because private assets come with significant risks, such as the inability to sell them quickly and the possibility of spreading problems in the financial markets. As the crypto market changes, ARK’s strategic investments might lead to big profits or make the market more volatile.
United Fintech Names Rupsa Mukherjee Head of M&A
United Fintech has announced that Rupsa Mukherjee joined the company as Head of Mergers & Acquisitions.
Mukherjee built her career across corporate finance and investment banking in the UK, US, and India over the past 13 years. She worked at Goldman Sachs and Caterpillar before moving to Deutsche Bank, where she served as Vice President in investment banking in London and New York. At Deutsche Bank, she advised on transactions exceeding $20 billion. She is a Chartered Accountant and earned an MBA from The Wharton School.
In her new role, Mukherjee will work with Founder and CEO Christian Frahm and the wider leadership team on sourcing and executing acquisitions. She will lead deal origination, structuring, and integration of fintech companies into United Fintech’s ecosystem.
“The right combination of M&A discipline and fintech fluency”
Christian Frahm, Founder and CEO of United Fintech, commented, “Rupsa brings the right combination of M&A discipline and fintech fluency. Her ability to originate, structure, and integrate strategic acquisitions will be instrumental in unlocking new opportunities across our ecosystem.”
United Fintech has been active in acquisitions since its founding in 2020. Its portfolio includes Athena, CobaltFX, FairXchange, Netdania, TTMzero, and CBA. The firm positions itself as a neutral platform for banks, asset managers, and trading institutions to modernize technology systems through a single vendor relationship.
Rupsa Mukherjee commented, “I’m thrilled to join United Fintech at such a pivotal moment. The opportunity to help scale a platform that is reshaping the financial services technology landscape is incredibly exciting. I look forward to working with founders, investors, and banks to build lasting value through strategic growth.”
Her appointment follows a series of senior hires this year, including Deepak Nair as Chief Operating Officer and Anders Johansen as Chief People Officer, as United Fintech strengthens its global leadership team.
United Fintech is backed by strategic investors including BNP Paribas, Citi, Danske Bank, and Standard Chartered. The firm continues to pursue acquisitions that expand its portfolio of capital markets and banking technology providers, supporting financial institutions in digital transformation.
United Fintech appointed Deepak Nair as Chief Operating Officer
United Fintech recently appointed Deepak Nair as Chief Operating Officer. He joined the Executive Leadership Team and will oversee the company’s operational strategy across its global fintech platform.
Nair previously held senior roles at Virgin Media O2, McKinsey & Company, UBS, JPMorgan, Goldman Sachs, and Accenture. His work has centered on transformation efforts, cost reduction, and operating model redesign in financial services and technology sectors.
At Virgin Media O2, Nair led restructuring and transformation projects for over 15,000 employees. His work included building a data-driven transformation office and overhauling enterprise-level operations. During his time at McKinsey, he delivered cost synergy programs valued at up to £1 billion for portfolio companies. His earlier experience included work in risk management, operational strategy, and digital transformation.
At United Fintech, Nair will be based in London and report to CEO Christian Frahm. He will lead efforts to improve efficiency and support expansion plans through data-led execution.
His appointment follows the recent addition of Anders Peter Kierbye Johansen as Chief People Officer, announced in April. Johansen also serves on the Executive Leadership Team.
Founded in 2020, United Fintech acquires and integrates fintech companies into a single platform. The firm focuses on simplifying procurement and giving institutions streamlined access to technology products. It is backed by investors including BNP Paribas, Citi, Danske Bank, and Standard Chartered.
BitMEX Launches Copy Trading and Reverse Copy Trading Features
BitMEX announced the rollout of its new Copy Trading feature, allowing users to automatically replicate the trades of experienced professionals on the platform. Alongside this, the exchange introduced Reverse Copy Trading, a tool that enables traders to take the opposite position of a selected Copy Leader for strategic hedging or contrarian strategies.
The features are designed to address challenges faced by traders who lack time or expertise to monitor fast-moving derivatives markets. Users can select top traders through the Copy Trading Marketplace, allocate capital, and have trades mirrored automatically. They can also set individual risk parameters such as Stop Loss and Take Profit levels to retain control over their portfolios.
“BitMEX has been home to some of the oldest and most proficient traders in the crypto space”
Stephan Lutz, CEO of BitMEX, commented, “Since 2014, BitMEX has been home to some of the oldest and most proficient traders in the crypto space. With Copy Trading, we are democratising access to their expertise, allowing our users to mirror their success. This feature simplifies the trading process, removes the burden of constant market monitoring, and provides a unique opportunity for our community to engage with the crypto derivatives market more effectively.”
BitMEX highlighted several benefits of its new offering. Copiers can diversify by following up to five Copy Leaders simultaneously, while Copy Leaders can earn up to 50 percent profit share from their Copiers. Reverse Copy Trading further expands flexibility by enabling users to hedge or take contrarian positions based on market outlook.
Founded in 2014, BitMEX is a crypto derivatives exchange known for low latency execution and deep liquidity. The platform has maintained a record of no cryptocurrency lost to hacks and continues to publish on-chain Proof of Reserves and Proof of Liabilities data twice weekly.
The exchange said the launch of Copy Trading reinforces its commitment to making sophisticated trading strategies accessible to both beginners and experienced market participants.
TradingView and BitMEX now in partnership
TradingView recently rolled out two major updates that significantly broaden the platform’s reach across traditional finance and crypto markets. Users can now trade crypto derivatives via BitMEX without leaving their charts, giving users access to over 200 cryptocurrency derivatives products. Known for its reliability and deep liquidity, BitMEX offers perpetual swaps, pre-launch futures, and even prediction markets — all now available for live execution within the TradingView charting interface.
BitMEX has maintained a strong operational security record since its inception, incorporating Multi-party Computation (MPC) technology and cross-verification of balances with on-chain data. In 2021, it became one of the first exchanges to publish Proof of Reserves, enhancing transparency for users. Its $3 billion insurance fund further protects against liquidation risks.
To trade with BitMEX on TradingView, users can simply open the trading panel, select the BitMEX icon, and log in to their account. This integration enhances TradingView’s multi-asset coverage, bridging traditional markets with the evolving digital asset space.
Market Cap vs Fully Diluted Valuation: What Crypto Investors Overlook
In the fast-paced world of cryptocurrency investments, it’s important to know crucial indicators so you can make smart choices. Market capitalization (market cap) and Fully Diluted Valuation (FDV) are two of the most talked-about numbers. Both give you an idea of how much a project is worth, but they show quite different things about a cryptocurrency’s current state and future potential.
Many crypto investors only look at market size and overlook what FDV means for the bigger picture. This can lead to bad tactics and losses that they didn’t see coming. This essay goes into further detail about these measures, pointing out their distinctions, importance, and the mistakes that people often make in the crypto field.
What is Market Capitalization in Cryptocurrency?
Market capitalization, or market cap for short, is an important number in the world of cryptocurrencies. At the current market price, it shows how much all the tokens of a certain cryptocurrency are worth. It’s easy to understand the formula: Market Cap = Current Token Price × Circulating Supply.
A lot of people use this statistic since it shows how big and liquid a cryptocurrency is in the market. For example, websites that keep track of crypto assets rank projects by market cap, which helps investors determine their popularity and short-term demand. A large market cap frequently means that investors have a lot of faith in the project and that it has a proven track record. This is because it shows how many tokens are being traded and held by users.
But crypto investors sometimes forget that market cap only counts tokens that are already in use. It doesn’t take into account potential supply increases, which can lower the value over time. In the unpredictable world of cryptocurrencies, depending only on market value can give you a false feeling of security, especially for newer projects where a lot of the supply is still locked up or hasn’t been issued yet.
Understanding Fully Diluted Valuation (FDV) in Crypto
On the other hand, fully diluted valuation (FDV) gives a more complete picture by estimating the total worth of a cryptocurrency if all available tokens were issued and in circulation. The math is similar but bigger: FDV = The current price of a token times the maximum number of tokens that can be issued.
FDV is quite helpful in the area of cryptocurrencies for identifying long-term risks like inflation from token emissions or unlocks. It assumes that the whole supply is out in the open, which gives it a hypothetical maximum value. This indicator shows possible dilution, which means that if more tokens enter the market and demand doesn’t keep up, the value of each token could go down.
Many cryptocurrency enthusiasts don’t value FDV as much as they should because it’s not as easy to see as market cap. But in the world of cryptocurrencies, neglecting FDV can mean overlooking warning signs in tokenomics, which is the economic design of a cryptocurrency project. A project with a low market value but a very high FDV can look like a good deal, but it could mean that vested tokens will put a lot of pressure on the market to sell in the future.
Main Differences Between FDV and Market Cap
To understand what crypto investors miss, it’s important to look at these numbers next to each other. Market cap looks at the present and only uses the circulating supply to figure the value. Current trade activity, burns (the permanent loss of tokens), and price changes all affect it.
In contrast, FDV looks ahead, using the maximum supply to anticipate possible valuation, and it’s affected by schedules for token releases, vesting periods, and ongoing emissions.
Aspect
Market Cap
Fully Diluted Valuation (FDV)
Basis
Circulating supple
Maximum total supply
Time Focus
Current snapshot
Future projection
Primary Insight
Liquidity and short-term sentiment
Dilution risk and long-term inflation
Influencing Factors
Price changes, token burns
Unlocks, vesting, emissions
Ideal Use Case
Ranking established cryptocurrencies
Evaluating early-stage crypto projects
This table makes the difference clear: This difference shows why it’s important to combine both metrics when analysing cryptocurrencies. People who invest in crypto and only care about market cap can go after “undervalued” assets without realizing that the FDV gap could eat away at their profits as additional tokens come into the market.
Real World Examples
There is a cryptocurrency called Token Y that costs $1.50. The market valuation would be $150 million (1.50 × 100 million) if there were 100 million tokens in circulation and 1 billion tokens in total. The FDV, on the other hand, goes up to $1.5 billion (1.50 × 1B). This tenfold difference is a warning of possible dilution: nine times the existing supply might enter circulation, which would put pressure on the price to go down if adoption doesn’t go up.
In another case, think of a cryptocurrency that is already well-established and has a lot of users. The market cap is $640 million, the FDV is $800 million, and the price is $0.80. There are 800 million tokens in circulation out of a maximum of 1 billion. The ratio here is low (1.25), which means there is little possibility of dilution. This makes it a better choice for solid crypto investments.
These examples show what many people in the crypto world don’t see: A big difference between the market cap and FDV frequently means that tokens are being released quickly, which might cause prices to change. Cryptocurrency projects that give teams or early backers a stake in the project seem like a good idea at first, but after the stake is unlocked, people may sell, which lowers rewards.
Why Crypto Investors Don’t Always Think About FDV Risks
Many crypto investors fall for traps because they are drawn to low market capitalization. A cryptocurrency with a tiny market size may seem like it’s worth less than big ones in the field, which can lead to enthusiasm and FOMO (fear of missing out). But this doesn’t take into account FDV’s role in showing hidden supply overhangs. For example, if a project’s FDV increases significantly, it means that inflation is likely to happen in the future, which might cut the value of the token in half or worse.
Another thing that people don’t think about is the selling pressure that comes from dilution. When locked tokens vest, they generally go to founders, advisors, or staking rewards. This increases the supply without a corresponding increase in demand. This can make prices drop in the Bitcoin market, especially during bear markets when people are feeling down.
Timing is also very important, although people often forget about it. Crypto investors could buy or sell without checking emission calendars, which means they miss out on big unlocks that happen when the market is going down. They don’t take FDV into account, hence their plans don’t match up with these events, which leads to less-than-ideal results.
Real-Life Examples for Every Metric in Cryptocurrency Investing
Market cap works best in several situations in the crypto ecosystem. When comparing well-known cryptocurrencies where most of the supply is already in circulation, use it since it accurately shows liquidity and trader interest. It’s also great for short-term trading, when decisions are based on current sentiment.
On the other hand, FDV is very important for crypto projects that are just starting or are growing quickly. It helps figure out the risks of tokenomics and makes sure that the project’s fundamentals, such as its user base, revenue model, and utility, back up the expected value. If investors don’t pay attention to FDV, they can invest in hyped launches only to see their values drop after the unlock.
Combining both? Find the ratio of FDV to market cap. A ratio of less than 2 means there is little chance of dilution, while a ratio of more than 5 means you should be careful. This mixed approach stops people from making mistakes that are prevalent in Bitcoin holdings.
How to Avoid Common Mistakes When Valuing Cryptocurrencies
Here are some common mistakes to avoid when you are evaluating cryptocurrencies;
Always check both market cap and FDV to get a better idea of the cryptocurrency environment. Check out whitepapers or dashboards for information on token releases; programs that keep track of unlocks can be quite helpful.
Don’t buy something just because of the hype; make sure the FDV matches the project’s roadmap.
Look at the cryptocurrency’s FDV compared to its peers. Is it realistic, given its usefulness and community?
Consider bigger things like changes in the law or trends in the industry that could make diluting effects worse. Crypto investors can make strong plans by not ignoring these things.
Empowering People To Make Better Choices In The Crypto Space
In short, market cap gives you a real-time glimpse at how a cryptocurrency is doing. At the same time, FDV shows you the whole picture, including things that many crypto investors don’t think about, such as future dilution and sustainability.
Using both measurements helps you gain a deeper understanding and lowers risks in this fast-paced field. As the Bitcoin market changes, being aware of these prices will help smart investors avoid being caught off guard. Remember that making smart choices in crypto isn’t only about finding chances; it’s also about being ready for problems that aren’t obvious.
Bitget Integrates Chainlink Proof of Reserve as LINK Pushes Toward a Rally
Bullish sentiment has started to return for Chainlink’s native token, LINK, following news of institutional adoption of its proprietary technology.
In the past 24 hours, LINK recorded a modest gain of 2.2%, while its monthly price change stands at 140%. Users are actively exchanging hands at $25, a clear indication of the news’ impact.
The recent development came as Bitget, a global cryptocurrency exchange, integrated Chainlink’s Proof of Reserve (PoR) mechanism to track its wrapped Bitcoin (BGBTC) on the Ethereum blockchain through a decentralized oracle network. This integration now makes on-chain verification easier and eliminates the need for manual processes.
Speaking on the partnership, Bitget CEO Gracy Chen emphasized the need for transparency in the industry, stating:
“By adopting Chainlink’s industry-leading Proof of Reserve, we’re giving our users and institutional partners the assurance they deserve, knowing that BGBTC is always verifiably backed. This is another step in our mission to deliver secure, transparent, and innovative products for the Web3 space.”
Chainlink has steadily expanded its institutional footprint. In July, the company announced a partnership with Swift that enabled several banks to integrate with public and private blockchains for seamless cross-chain settlement.
Earlier today, it also revealed that LendFi, a member of its Chainlink BUILD program, had adopted its Cross-Chain Token (CCT) standard to enable interoperability of its native token RWAL across Binance Smart Chain (BNB), Avalanche (AVAX), and Ethereum (ETH).
Market Action On Chainlink
The market’s response has been mixed. At press time, LINK’s annualized fee revenue had risen to $4.15 million, signaling stronger network activity.
Exchange data, however, shows a divergence between perpetual and spot traders, according to CoinGlass. Perpetual investors leaned bullish, funding the market with $61.38 million and pushing open interest to $1.65 billion. While open interest alone does not reveal direction of price, the weighted funding rate offered clarity with a reading of 0.0077% in favor of bulls.
A positive funding rate typically signals bullish momentum, raising the probability of a rally for LINK.
In contrast, the spot market turned bearish. Over the past day, investors sold $14.63 million worth of LINK, following the $27.94 million sell-off that started the week. Heavy spot selling often reflects weak investor confidence and can put additional downward pressure on price.
Price Action Remains Indecisive
On the charts, LINK’s performance shows indecision between bullish and bearish forces.
From August 17 to 19, the asset traded into a supply order block that forced it lower, rejecting price during those three days. The decline, however, found support at $23.40, triggering a mild rebound. Whether LINK can sustain a rally now depends on this support holding.
Source: TradingView
With sentiment skewing bullish, strong perpetual inflows, and growing institutional adoption, LINK has the conditions to climb higher. Still, persistent spot selling could weigh on momentum and limit the broader rally.
WazirX Creditors Approve New Restructuring Plan After $234 Million Hack
Users of Indian crypto exchange WazirX may be closer to recovering some of the $234 million lost in last year’s hack, after a new restructuring plan won the backing of 95% of voting creditors.
The plan, approved by nearly 150,000 creditors representing more than $206 million of claims, comes months after Singapore’s High Court rejected an earlier version over regulatory concerns. The latest scheme will now return to the court for approval.
WazirX was hacked in July 2024, when attackers drained assets from a Safe Multisig wallet in a breach later attributed to North Korean hackers. The platform froze both crypto and rupee withdrawals shortly afterward.
Founder Nischal Shetty said Monday that if the court signs off, WazirX would resume operations and begin compensating users within 10 days of “the scheme taking effect.” That timeline contrasts with earlier estimates from restructuring firm Kroll, which had said repayments might take two to three months.
Court Rejection Forced Redesign
A similar proposal won user approval in April but was struck down by the High Court, which questioned how recovery tokens issued to users would comply with rules governing digital token service providers.
The tokens are meant to represent outstanding balances not covered by the initial payout. Holders would gradually receive further distributions funded by WazirX profits and asset recoveries.
A key change in the revised scheme shifts responsibility for compensation to Zanmai India, an entity under the oversight of India’s Financial Intelligence Unit. WazirX’s parent company, Zettai, had been based in Singapore but set up a new Panamanian subsidiary in June to handle cryptocurrency services after the court ruling.
The exchange has warned that without approval, creditors might wait until 2030 or later to see funds, as liquidation would be far slower. Many users, including those active on Reddit and X, said before the vote they backed the plan simply to move the process forward.
Others voiced frustration over the drawn-out process and questioned how the restructuring would work in practice. Some argued that holders of tokens unaffected by the hack have been penalized, as prices of those assets have since risen sharply.
Separately, India’s Supreme Court dismissed a petition by 54 victims earlier this year, ruling it could not intervene on crypto policy issues.
$228M Crypto Ponzi Case: CFTC Secures Convictions Against Eddy Alexandre
A federal judge has ordered pastor Eddy Alexandre and his now-defunct EminiFX, to pay $228.5 million in restitution to investors defrauded through a massive crypto Ponzi scheme. The ruling covers over 25,000 victims who collectively lost more than $248 million after being lured by promises of mouth-watering returns.
U.S. District Judge Valerie Caproni granted summary judgment in favor of the Commodity Futures Trading Commission (CFTC), which pursued the civil enforcement action against Alexandre.
The civil ruling comes months following the sentencing of Alexandre to nine years in federal prison for masterminding the scheme under the guise of an automated crypto and forex trading platform.
CFTC Sends Strong Message Against Fraud Posing as “Crypto” or “AI”
Representing himself in federal court, Alexandre failed to dispute the CFTC’s fraud allegations. The restitution was based on total investor contributions minus withdrawals, while the court added a $15 million disgorgement penalty.
The CFTC described the judgment as essential in deterring future fraud targeting vulnerable investors.
U.S. Attorney Damian Williams previously called Alexandre’s actions “brazen,” pointing out that he abused trust within his church and Haitian-American community. By wrapping his scheme in terminology like “AI-driven trading,” Alexandre was also said to have exploited both cultural ties and the current hype around emerging technologies.
Alexandre’s Long History of Fraud
Federal prosecutors first charged Alexandre in 2022 with commodities and wire fraud, noting that he had raised $59 million from early investors under false pretenses. From September 2021 to May 2022, EminiFX pitched itself as a platform delivering “guaranteed” weekly returns between 5% and 10% using a proprietary “Robo-Advisor Assisted Account (RA3)” system.
Despite these claims, EminiFX’s performance records told a different story. The platform reported losses in 24 out of its 30 weeks of operation. Even its strongest reported week showed gains of only 2.28%, a fraction of the nearly 10% weekly profit Alexandre claimed was possible.
At sentencing, prosecutors highlighted how Alexandre not only concealed losses but also diverted client funds to personal expenses and luxury cars. Authorities say his track record demonstrates a clear pattern of misrepresentation, reinforcing the need for strong regulatory guardrails around retail crypto investment products.
This case underscores a broader theme of how regulators are battling fraudulent schemes in the guise of popular buzz terms such as crypto and AI targeted at less informed investors. The CFTC’s judgment against Eddy Alexandre sends a strong and clear message — fraud marketed under the banner of crypto or AI will not escape consequences.
Regulators and legal experts stress that tougher oversight, paired with widespread financial education, particularly for cryptocurrency, is critical to prevent similar schemes from targeting vulnerable investors in the future.
MetaWin Announces $1.3 Million NFT Holder Exclusive Giveaway
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 single holder of a MetaWinners NFT could be selected as the $1 million winner. With only 10,000 NFTs in circulation, the odds of securing the top prize are 1 in 10,000.
Since its launch in December, MetaWinners has emerged as one of the most innovative NFT projects globally. Combining Hollywood level artwork with real world utility, the project has already delivered millions of dollars in prizes to holders, while its NFT floor price has increased tenfold.
The MetaWinners Millionaire sets a new benchmark in NFT utility, offering the most significant single cash prize ever guaranteed to an NFT holder. It further establishes MetaWinners as a category defining project in the digital asset space.
Event Date: September 30, 2025
Total Prize Pool: $1.3 million
Top Prize: $1 million to a single winner
Eligibility: MetaWinners NFT holders only
For more information, users can visit MetaWin.com
About Metawin
MetaWin is the premier platform for on-chain prize competitions and instant win games, offering a diverse range of entertaining challenges for users to enjoy. By harnessing cutting-edge blockchain technology, MetaWin provides a transparent, fair, and secure gaming environment, making it the go-to destination for blockchain enthusiasts and gamers alike.
About Metawinners
The MetaWinners NFT collection is a super premium collection of 10,000 individual art pieces, designed by Terraform Labs, the top concept art studio behind projects such as Transformers: Rise of the Beasts, Avatar 2, Thor and Destiny 2.
MetaWinners NFT’s aren’t just futuristic in design; they will form part of holders’ Metawin identity and act as a personal badge of honor throughout the entire Web3 ecosystem.
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Disclaimer: This content is a press release from a wire service. This press release is provided for informational purposes only. We have not independently verified its content and do not bear any responsibility for any information or description of services that it may contain. Information contained in this post is not advice nor a recommendation and thus should not be treated as such. We strongly recommend that you seek independent financial advice from a qualified and regulated professional, before participating or investing in any financial activities or services. Please also read and review our full disclaimer.
Crypto Wallet API Errors Explained: RandomUUID, CreateHmac & More
Building and keeping safe wallet apps is very important in the fast-changing world of crypto. Developers often run into different API failures that break functionality, degrade the user experience, and even put security at risk. Not only do these mistakes help fix problems, but they also teach users who are wondering “how to keep my crypto wallet safe” about potential vulnerabilities.
This article goes into detail about typical problems, such as those with the RandomUUID and CreateHmac functions, which are important for making secure IDs and verifying data in crypto settings. We’ll talk about how these problems happen in crypto wallet APIs and provide you with useful tips on how to avoid them by discussing error codes, their causes, and how to fix them.
Remember that learning how to handle errors is an important part of learning how to safeguard your crypto wallet. This will help keep your apps safe from attacks in the crypto ecosystem.
Crypto wallets use APIs to perform tasks such as process transactions, verify users, and send data safely. Invalid inputs, system bugs, or problems with the environment can all cause errors. For example, people often utilise functions from libraries like the Node.js crypto module, but if they aren’t set up correctly, they can cause issues.
We’ll stress recommended practices for security throughout this tutorial, and we’ll show how fixing these mistakes helps keep crypto wallet assets safe. Because the crypto market is so unstable, it’s important to know how to preserve my crypto wallet by managing APIs correctly.
Crypto Wallet API Errors Explained
Here are some of the common wallet API errors explained;
Errors with RandomUUID when Creating a Crypto Wallet
A common mistake with crypto wallet APIs is the RandomUUID function, which may be called up in Node.js or web browsers using crypto.randomUUID(). This method makes v4 UUIDs that are cryptographically safe and are necessary for making unique session IDs, transaction IDs, or user tokens in crypto wallets.
But developers often run into problems like “crypto.randomUUID is not a function” or compatibility concerns, especially with older browsers or server-side rendering (SSR) frameworks like Next.js.
Most of the time, the problem is with the environment, as older versions of browsers, for instance, don’t support the Web Crypto API, which causes runtime issues when trying to make UUIDs.
In SSR scenarios, synchronous random value generation may fail due to server environments lacking access to safe random sources without further configuration. This is important in crypto wallets, since UUIDs make sure that each user has a unique ID, which stops collisions that could let someone else in.
Check your runtime environment first to fix RandomUUID problems. If native crypto isn’t available, you can either update to newer versions of Node.js (v15+) or use libraries like uuid to polyfill the function. Make sure your web apps work with all browsers by testing them on Chrome 92 or later, or a similar browser.
If you have SSR problems, wait till the client side generates UUIDs or utilise asynchronous methods. Using try-catch blocks for error management can gracefully degrade the program, recording the problem without crashing it. If you don’t use RandomUUID correctly, it could show security flaws.
Weak UUIDs could make it easier for attackers to guess, which shows how important it is always to use cryptographically secure measures to protect your crypto wallet. To avoid replay attacks in crypto development, check that the UUIDs you make are random and add them to secure token systems.
Errors with CreateHmac and What They Mean
Another typical problem is mistakes with CreateHmac, which is called by crypto.createHmac() in Node.js. This function creates Hash-based Message Authentication Codes (HMACs), which are crucial for verifying the integrity and validity of data in crypto wallet APIs. HMACs are used to sign API requests, verify users, or protect transaction payloads. They make sure that messages haven’t been changed while they were being sent.
Common issues are “Invalid algorithm” or “Key must be a buffer,” which happen when the hashing algorithm (like ‘sha256’) isn’t supported or the secret key isn’t structured correctly.
For example, this can happen if you pass a string key without converting it to a Buffer or use an algorithm that isn’t available at runtime. When using APIs to authenticate, especially when connecting to exchanges like Bitstamp, mismatched HMACs cause activities to stop and return “Authentication failed” messages.
Often, the problem is with giving the wrong parameters. For example, crypto.createHmac needs an algorithm string and a key (Buffer, TypedArray, or DataView). Encoding could be missed by developers, which could cause digest mismatches. This mistake can stop users from securely signing transactions in crypto wallets, which might make them vulnerable to man-in-the-middle attacks.
Fixes include checking inputs: Always use Buffer.from() to turn keys into Buffers, and stick to established techniques like “sha512.” Check the outputs of HMAC creation against predicted values to test it in isolation. To avoid hardcoding and make things safer, utilise environment variables for keys in production.
Fixing CreateHmac problems is an important part of how to safeguard my crypto wallet, since using HMAC correctly stops forgeries. In the world of cryptocurrency, you can stop replay attacks by combining HMACs with timestamps and nonces, which keeps your wallet API safe.
Errors With The System and Invalid Parameters
Moving on to more general API problems, system errors like code 10001 (“System error”) show that there are problems with JSON-RPC behind the interface layer, which is frequent in crypto wallet backends. These could happen because the server is too busy or because the infrastructure has exceptions that haven’t been handled.
Code 10002 (“Invalid parameters”) does the same thing: it indicates RPC/API inputs that are missing or not formatted correctly, like when transaction requests have the wrong data types.
When it comes to crypto wallets, these issues mess up basic tasks like checking your balance or moving assets. API version mismatches or unstable networks are two possible causes. To fix problems, check the logs for specific RPC information and contact support for problems inside the company. You can stop them by checking inputs on the client side before you send them.
Learning how to protect my crypto wallet is easier when I know these things, because unhandled system faults could leak critical information if they aren’t logged securely.
Errors With Authentication and Users
Authentication errors happen all the time. For example, when erroneous UUIDs or tokens are used in wallet instances, you could see numbers like 40101 (“User does not exist”). When the project IDs or keys are erroneous during initialisation, code 40102 (“Authentication failed”) stops access. Expired sessions or incorrectly set up authentication flows might cause these issues in crypto wallets.
Checking user data against databases and updating tokens regularly are two possible solutions. Make sure that public addresses are checksum-validated for address-related problems like 40103 (“Address does not exist”). To safeguard my crypto wallet, strong authentication is really important. To add extra layers of security, use multi-factor authentication.
Errors In Processing Transactions
Transaction failures are the most common problem with crypto wallet APIs. Code 40104 (“Insufficient funds”) is clear and means that you need to check your balance before making a transaction. EIP-1559 problems (40105, 40113) are caused by invalid fee settings, which are widespread in Ethereum wallets.
Nonce errors (40106) happen when submissions are out of sequence. You can remedy them by using eth_getTransactionCount to get the current nonces. Gas limit issues (40109) require tools like eth_estimateGas to determine the required gas amount.
In crypto, knowing how to handle these stop botched transfers teaches me how to safeguard my crypto wallet by optimising gas and keeping an eye on fees.
Errors with Solana and EVM Swap
Code 40201 (“Transaction Error”) in Solana means that the JSON-RPC transactions are not legitimate, typically due to a parameter mismatch. Old auction APIs cause errors 40202–40206; hence, you should switch to newer endpoints.
When you try to switch EVMs with invalid quotes or token pairs, you get a 40301 error. Check the parameters and utilise simulators to test them. These problems with various chains show how important it is for crypto wallets to be aware of the platform.
Errors with JSON RPC
Low-level JSON RPC problems like -32700 (“Parse error”) mean that the requests are not well-formed, and -32601 (“Method not found”) means that the methods are not valid. Internal errors (-32603) point to difficulties on the server side.
Fix this by making request formats the same and utilising schema validation. This guarantees that communication is stable in crypto APIs.
Best Ways to Handle Errors and Keep Your Data Safe
Finally, employ full logging without giving out private information, set up retries for temporary problems, and use monitoring tools. Always update dependencies to fix security holes. In the world of cryptocurrency, these tips help me keep my crypto wallet safe, which reduces downtime and associated risks.
Teach consumers about error messages so they may take charge. By fixing issues like RandomUUID and CreateHmac, developers may make crypto wallet APIs that are more reliable, which will help people trust the system.
Club Brugge Signs Five-Year FX Partnership with Neo
Club Brugge KV announced a five-year agreement with cross-border payments and FX fintech Neo, naming the company its Official Foreign Currency Exchange Partner until 2030.
The Belgian Pro League club, a regular competitor in European tournaments, will use Neo to manage international payments linked to sponsorship deals, player transfers, staff wages, and travel. The partnership aims to lower transaction costs and streamline multi-currency treasury operations.
Neo provides an International Bank Account Number (IBAN) and wallet architecture that allows firms to hold, manage, and exchange more than 25 currencies. Its FX platform offers transparent pricing and faster payments, supported by a dedicated team for cross-border operations.
“We’re enhancing the way we manage foreign currency and payments across the club”
Michiel Van Cauwenberghe, New Business Manager at Club Brugge, said, “At Club Brugge, we’re committed to building something special on and off the pitch. With Neo as a trusted partner, we’re enhancing the way we manage foreign currency and payments across the club. Their support will play an important role in helping us deliver on our ambitions over the coming seasons.”
Laurent Descout, co-founder and CEO of Neo, commented, “We’re proud to support one of Europe’s most ambitious clubs. Football today is a global business, and smart currency management plays a vital role in helping clubs stay financially agile. Our platform is designed to make cross-border finance simple, transparent and cost-effective, and we look forward to working closely with Club Brugge over the next five years.”
Neo is a cross-border payments and foreign exchange fintech based in Barcelona that provides businesses with a streamlined way to manage their international finances. Its platform is built around a multi-currency account structure, giving companies a single International Bank Account Number (IBAN) through which they can hold, manage, and exchange more than 25 currencies. This approach allows firms to simplify fund management, cut down on the need for multiple banking relationships, and execute international transactions with greater speed and flexibility.
Beyond payments infrastructure, Neo delivers foreign exchange trading and execution services with transparent pricing, enabling businesses to reduce the costs typically associated with currency conversion. Its wallet architecture makes it possible to organise funds across currencies and settle payments quickly, while a dedicated team of specialists supports clients with cross-border operations. Having processed more than €20 billion in transactions, Neo positions itself as a one-stop platform for businesses seeking cost-efficient, secure, and flexible international treasury solutions.
SEC Chair Paul Atkins Pushes for Clear Crypto Guidelines, Says ‘Very Few’ Crypto Tokens Qualify as Securities
At the Wyoming Blockchain Symposium in Jackson Hole, Securities and Exchange Commission (SEC) Chair Paul Atkins said that only a small fraction should be classified as securities, emphasising that context and structure are more important than token classification. Many market observers believe that the statement signals a major shift in how the commission perceives crypto tokens.
Atkins’ remark comes as the SEC concludes its long-running legal battle with Ripple and focuses on setting clearer cryptocurrency rules through its new project, the Project Crypto. This strategic move reflects regulators’ increased willingness to shift away from enforcement-focused regulation and towards developing a framework that encourages innovation.
Atkins Pushes for Clarity under Project Crypto Amid Evolving Regulatory Landscape
Speaking at the Wyoming event, Atkins emphasised that crypto tokens should not be considered as securities: “There are very few, in my opinion, tokens that are securities, but it depends on what’s in the package and how that’s being sold.”
Such a statement marked a major difference between him and his predecessor, Gary Gensler, who repeatedly contended that the majority of digital assets were under the SEC’s purview under the Howey Test.
Atkins presented his viewpoint within the broader context of Project Crypto, which seeks to modernise securities legislation and provide better advice for digital assets by distinguishing between commodities, securities, stablecoins, and utility tokens. He proposed that early-stage token issuers be afforded temporary exemptions or safe harbours to encourage innovation while protecting investors.
The notice comes after the SEC’s legal issue with Ripple Labs was resolved. With the case withdrawn, Atkins sees an opportunity to move the Commission’s attention away from litigation battles and towards policy formulation.
“As this chapter comes to a close, we can focus on developing a clear regulatory framework that promotes innovation while protecting investors,” he added, reflecting a general view in the industry.
The Atkins’ policy approach is consistent with larger legislative efforts, such as the CLARITY Act, which aims to formalize definitions and market structures for digital assets, albeit there are still debates about scope and regulatory overlap with the Commodity Futures Trading Commission (CFTC).
With the new regulatory outlook, the SEC expresses increasing trust in industry-led innovation and the value of transparent market arrangements. For cryptocurrency enterprises and institutional investors, Atkins’ approach, based on Project Crypto, provides a clearer path ahead in the face of an evolving regulatory environment.
London’s Forest Savers Collapses, Members Compensated by FSCS
A small London credit union has collapsed into administration, triggering an automatic payout from the UK’s deposit protection scheme to hundreds of local savers.
Waltham Forest Council Employee Credit Union (WFCECU), which traded as Forest Savers, formally entered administration on 19 August, according to notices from the Financial Conduct Authority (FCA). The move brings an immediate halt to its operations after more than three decades serving members in east London.
The Financial Services Compensation Scheme (FSCS) has stepped in, promising to return deposits within seven working days. Most members will receive compensation automatically by post, with coverage up to £85,000 per individual – the standard UK limit.
“This firm is no longer able to meet its obligations to members. Eligible customers will have their deposits returned quickly and securely,” the FSCS said in a statement.
Founded in the 1990s, WFCECU started as a savings-and-loans co-operative for Waltham Forest Council staff before expanding to the wider community. Despite its small size, it built a reputation as a low-cost alternative to payday lenders, offering affordable credit to people often underserved by mainstream banks.
Financial filings from 2022 showed the scale with around £1 million in member deposits, just under £225,000 lent out, and a small retained earnings buffer. Losses that year eroded its capital base, leaving little room to absorb shocks.
Administration and Loan Repayments
The FCA confirmed that insolvency specialists Dina Devalia and Terri Mulgrew of Quantuma Advisory have been appointed as joint administrators. The pair have overseen several other UK credit union wind-downs in recent years.
Borrowers are being told not to cancel repayments. “Loan agreements remain in force and repayments must continue as originally contracted,” the administrators said. They will issue fresh account details for payments in the coming days.
WFCECU is the latest in a line of small credit unions to fail. Dozens have collapsed over the past decade, often due to rising costs, weak governance, or limited capital reserves. While the sums involved are small compared with commercial banks, the failures highlight the fragility of community finance organisations reliant on volunteers and thin margins.
Still, the FSCS’s rapid intervention helps reassure savers that their money is safe. “Members don’t need to do anything – compensation will be sent automatically,” the scheme said.
Former members are urged to redirect salaries and benefit payments to other accounts immediately. Meanwhile, consumer watchdogs are warning savers to remain alert to scams, noting that only FSCS and Quantuma will contact them directly using published details.
Scaramucci’s SkyBridge to Tokenize $300 Million in Assets on Avalanche
SkyBridge Capital founder Anthony Scaramucci said his investment firm will tokenize $300 million worth of assets on the Avalanche blockchain, moving part of its funds into digital form, according to a Fortune report.
The assets will come from two funds. One invests directly in cryptocurrencies such as bitcoin, while the other allocates capital across venture and crypto-focused funds. Scaramucci said the amount represents about 10% of SkyBridge’s assets under management.
Avalanche, a blockchain known for supporting tokenized real-world assets, has drawn interest from both traditional financial institutions and crypto-native firms. Scaramucci said the move highlights SkyBridge’s push into digital markets.
Avalanche has been a leading hub for tokenization because of its high throughput, sub-second transaction finality, and customizable “subnets” that allow institutions to launch private or semi-private chains. This has made it an attractive choice for projects involving tokenized bonds, real estate, and structured financial products, areas where traditional banks have started experimenting. SkyBridge’s entry represents one of the largest commitments by a hedge fund into Avalanche’s ecosystem to date.
The former Goldman Sachs banker, who briefly served in the Trump administration, has been an active voice in crypto investing. SkyBridge first disclosed large bitcoin positions in 2020, including a $182 million allocation, and later launched the SkyBridge Bitcoin Fund LP for qualified investors.
At the height of the bull run, Scaramucci predicted bitcoin could reach $700,000, though the firm also faced setbacks, including exposure to the now-bankrupt exchange FTX.
Despite those challenges, Scaramucci has doubled down on blockchain’s role in the future of asset management, arguing that tokenization could unlock new levels of efficiency and liquidity for traditionally illiquid investments. By digitizing assets on-chain, managers can enable fractional ownership, 24/7 settlement, and global investor access — benefits that traditional fund structures struggle to provide.
Tokenization — the process of issuing digital tokens that represent ownership in real-world assets — has been touted as a next step in financial innovation, with projects ranging from Treasury bills and real estate to equities and mineral rights. SkyBridge’s adoption adds to a growing list of asset managers testing blockchain rails for traditional investments.
Major players like BlackRock and Franklin Templeton have already piloted tokenized funds, while banks such as JPMorgan and Citi are experimenting with tokenized deposits and settlement systems.
3D-Printed Housing Firm Integrates Bitcoin and NFTs in Blockchain Shift
Lib Work Co., a firm in Japan that makes 3D-printed homes, is making waves in the construction and cryptocurrency sectors by employing blockchain technology. The company said recently that it would spend 500 million Japanese yen ($3.3 million) to buy Bitcoin as a treasury asset.
This comes barely a month after it started a new non-fungible token (NFT) project for its 3D-printed home designs. This ambitious move puts Lib Work at the vanguard of combining digital assets with real-world uses, solving problems in the building industry while pushing the limits of technology and finance.
Bitcoin as a Treasury Asset
Lib Works’ choice to invest in Bitcoin is a strategic response to Japan’s rising prices and the risks of keeping all of its money in cash. The corporation wants to buy Bitcoin in stages from September to December and set up a risk management system to keep an eye on its cryptocurrency holdings. This strategy not only protects against economic uncertainty, but it also fits with the company’s plan to grow globally.
Lib Work wants to make it easier for people to do business with each other across borders and attract more crypto-savvy investors and buyers by using Bitcoin. The anticipated investment may buy about 28 Bitcoins, which would make Lib Work one of the biggest corporate Bitcoin holders in the world, because Bitcoin is worth about $115,377.
NFTs Revolutionising 3D-Printed Housing
Lib Work launched an NFT-backed project for its Lib Earth House Model B, a 3D-printed home design, in July 2025. The company protects intellectual property and ownership rights by putting designs on the blockchain as tokens. These NFTs keep important information, such as the house’s ID, history, and ownership details, safe from being copied without permission and make things clearer.
This new idea is especially important in Japan, where the construction industry is moving slowly toward digitalisation. Serial numbers like “No.001 3DLibModel” give NFTs a sense of exclusivity, which increases their value in secondary markets and helps franchises grow.
Addressing Construction Challenges
Japan’s construction industry is having trouble finding workers and dealing with rising material costs. 3D printing technology helps get around these problems by cutting down on labour, time, and costs. Lib Work’s use of blockchain and NFTs makes this even more efficient by protecting digital designs and making transactions happen smoothly all around the world.
The startup sees its NFT-backed dwellings as the basis for new ways to distribute Housing, such as in the metaverse and Web3 markets. This method not only makes managing intellectual property easier, but it also offers new ways for brands to grow internationally and for investors to get involved.
A Plan for the Future
Lib Work’s groundbreaking work is a portent of a big change in real estate that combines cutting-edge building with decentralised funding. The startup is changing the way we think about homes by merging 3D printing, Bitcoin, and NFTs.
This project fits in with the bigger picture of how blockchain is being used more and more, and it could be a model for other fields to look into. Lib Work is setting an example of how technology may change traditional markets by continuing to buy Bitcoin in stages and expanding its NFT program. This will lead to a more inventive and accessible housing sector.
MetaMask Adds Tron Support, Expanding Wallet Reach Beyond Ethereum
The Tron blockchain will be integrated into Consensys’ MetaMask wallet, making it the third major non-Ethereum network to gain native support since MetaMask’s launch in 2016.
Tron DAO announced the partnership on Tuesday, confirming that Tron will be embedded directly in the self-custody wallet used by millions worldwide.
“MetaMask’s wide user base and reputation make it a key gateway for decentralized applications,” said Sam Elfarra, spokesperson for Tron DAO.
Angel Gonzalez-Capizzi, MetaMask’s director of business development, said Tron’s popularity in Asia was a factor in the move, adding that the integration would strengthen links across regions.
MetaMask, which was originally built as the go-to wallet for Ethereum, has gradually evolved into a multi-chain hub as competition among smart contract platforms has intensified. Until recently, users needed third-party tools or custom RPC setups to access blockchains outside the Ethereum ecosystem. Native integration with major chains like Solana, BNB Smart Chain, and now
MetaMask has steadily broadened its offerings. In May, it enabled support for Solana SPL tokens, while also working with BNB Smart Chain and Sei, alongside Ethereum layer-2 networks.
The addition of Tron comes as the network pursues greater visibility in global markets. In June, toy maker SRM Entertainment announced plans to rebrand as Tron Inc. and adopt TRX as part of its treasury, with Tron founder Justin Sun acting as adviser.
Tron has long been one of the most active blockchains in terms of daily transaction volume, driven largely by stablecoin transfers, gaming dApps, and payment services across Asia. According to DefiLlama, Tron consistently ranks among the top three networks for total value locked (TVL), thanks to the heavy use of Tether (USDT) on its rails. Support within MetaMask could help Tron tap into new user bases in Europe and the Americas, where MetaMask dominates as the most downloaded crypto wallet extension.
Tron’s token TRX has rallied 37% so far this year and trades around $0.347, according to CoinGecko, after hitting an all-time high of $0.43 in December 2024.
This integration could also serve as a test case for how MetaMask approaches other high-volume but controversial networks. Tron, despite its growth, has faced regulatory scrutiny in the U.S., with founder Justin Sun previously charged by the SEC over alleged securities violations.
Top Rated Crypto Exchanges for 2025: Where to Trade Safely
As the world of digital assets evolves, it’s important for traders to choose a trustworthy crypto exchange to trade crypto safely. In 2025, the crypto exchange landscape is expected to undergo significant transformations. The right crypto exchange can make a big impact, whether you’re a newbie or you’ve been doing trading for a while and want more advanced tools.
This article lists the best crypto exchanges based on important factors like costs, security, the number of cryptocurrencies they support, and their ease of use. We’ll look at choices that put safety first and have a variety of features to meet different demands. This will help you feel confident while you navigate the unpredictable crypto market.
What Does It Take to Be a Top-Rated Crypto Exchange?
Before we go into the details, let’s talk about what makes a crypto exchange the best. Safety is very important, and acts cold storage, insurance, and following the rules keep users’ money safe. Low fees let you make the most money, and a large range of crypto assets lets you trade in a variety of ways.
Easy-to-use interfaces, educational materials, and customer service that responds quickly are all very important, especially for new users. Also, being available in several countries and on mobile devices makes things easier. The top crypto exchanges in 2025 will find a balance between these things to make buying, dealing, and keeping crypto safe.
Top Crypto Exchanges To Consider
Here are some top crypto exchanges traders can consider:
Kraken
In 2025, Kraken will be one of the best crypto exchanges for people who want to save money. Founded in 2011, it lets you trade more than 450 cryptocurrencies, so that you can trade a lot of different crypto assets on it. It’s easy for both new and experienced users to get started with an account deposit of only $10.
Its pros include minimal fees for both new and experienced traders, a wide range of educational materials, and access to several platforms, such as the web, desktop, mobile, and the advanced Kraken Pro.
Kraken is not available in many U.S. states, such as Washington, New York, and Maine, and it doesn’t have FDIC or SIPC insurance. It also doesn’t let you trade options for crypto.
The fees depend on how much you trade in 30 days. Maker fees range from 0.00% to 0.25%, and taker fees range from 0.10% to 0.40%. Some of the most important features are the Kraken Pro platform for advanced trading, news content, and a private wallet. This crypto exchange is great for traders who want reliable and deep crypto products without spending too much.
Gemini
Gemini is known for being a safe place to buy cryptocurrencies, making it a great choice for experienced traders in 2025. It works in all 50 states and supports about 70 cryptocurrencies, but it really shines when it comes to compliance and security.
Two-factor authentication, support for hardware keys, offshore cold storage for assets, and the ActiveTrader program with advanced charting, futures, and perpetual contracts are some of the most important features. Gemini is a great choice for people who want a safe place to trade cryptocurrencies.
Although Gemini has strong security with pass-through FDIC insurance for capital that isn’t invested and crypto insurance, as well as regulatory certifications including SOC 1, SOC 2 Type 2, and ISO 27001, there aren’t many cryptocurrencies, the fees are hard to understand, and customer service is only available through a request form.
The fees depend on how much you trade in 30 days: makers pay between 0.00% and 0.20%, takers pay between 0.03% and 0.40%, and there are also other fees like 2.50% for PayPal transfers and $25 for wire withdrawals. You don’t have to have a minimum balance in your account.
Coinbase
In 2025, Coinbase is still a popular crypto exchange for novices since it is easy to use and has a lot of teaching resources. It works in 172 countries, supports more than 240 cryptocurrencies, and lets users look at more than 18,000 digital assets.
Coinbase offers a clean design, strong security, basic and advanced charting capabilities (including Fibonacci and projections), and in-depth educational content on trading issues. This exchange makes it easier for beginners to get started on a safe exchange.
The benefits include great research materials, fair fees, and access to the site from a web browser, desktop, or mobile device.
Coinbase, however, does not provide many advanced trading choices (no margin or options trading, only futures on several cryptocurrencies), and you can only get customer care through chat or a call request.
The fees depend on the volume over the last 30 days: maker fees range from 0.00% to 0.40% and taker fees range from 0.05% to 0.60%. There is no minimum for an account.
Crypto.com
In 2025, Crypto.com is the best mobile-first crypto exchange, especially for Bitcoin fans. It supports 417 cryptocurrencies and is noted for its debit card program and alternatives for trading derivatives.
Key features include a mobile platform that is easy to use, the ability to earn and stake incentives, automatic trades, connectivity with Visa debit cards, and advanced trading tools. This crypto exchange is perfect for people who want to trade Bitcoin on the go and want to make it easy to do so.
The benefits include Bitcoin options and futures, low fees, and a great mobile app that lets you pay Bitcoin with a debit card. But, it is only available in less than 100 countries, assistance is only available through chat, and access is only through a hot wallet. There is a $20 minimum account balance, and fees range from 0.00% to 0.25% for makers and 0.05% to 0.50% for takers.
BitMart
In 2025, BitMart is the best place for altcoin traders to buy and sell cryptocurrencies. It has over 1,700 of them. The copy-trading feature adds a social aspect that makes it interesting for a wide range of techniques.
Its copy trading with trader metrics, powerful futures charting, multi-signature security, and hybrid wallet storage are some of the most important features. BitMart is a feature-rich crypto exchange for anyone who wants to try out niche cryptocurrencies.
BitMart offers access to altcoins, copy trading, and educational materials through BitMart Academy. Though it has a complicated high-side charge structure, deposits can only be made in crypto, and security specifics aren’t made public.
The fees are different for makers and takers: makers pay 0.04% to 0.6% while takers pay 0.045% to 0.6%. There is no set minimum for the account.
How We Rated These Crypto Exchanges
In our rating, factors like security protocols, fee structures, the number of cryptocurrencies available, how easy they are for users to access, and how well they follow the rules are considered when rating these crypto exchanges.
We looked at how well platforms could provide safe trading spaces, focusing on things like insurance, audits, and cold storage. We also looked at the instructional resources, customer support, and availability in different areas to make sure they fit the needs of reliable crypto trading in 2025.
How to Trade Crypto Safely in 2025
When using a crypto exchange, safety should always come first; hence, these are steps you should consider;
Set up two-factor authentication and store your coins in hardware wallets.
Look into the fees and limits ahead of time to minimise surprises.
Use the platform’s services to stay up to date and diversify your crypto portfolio.
Don’t give over your private keys.
Choose licensed exchanges to lower your risks in the ever-changing crypto industry.
Choosing the appropriate crypto exchange is very important for secure and effective trading in 2025. These platforms are safe for everyone, from Kraken’s minimal costs to BitMart’s wide range of altcoins. You can use crypto with confidence if you put security and features first. Keep in mind that doing a lot of research and trading carefully are key to success in this intriguing field.
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