KLEA Crypto Daily: Monday, August 04, 2025

Published: August 5, 2025 – 00:03 UTC

Here’s a look back at the key stories from August 04, 2025.

Figure Files for IPO as Crypto Firms Rush to Public Markets

Figure Technology Solutions, founded by ex-SoFi CEO Mike Cagney, has filed confidential paperwork for a potential public listing, showcasing its active role in the real-world asset space using blockchain infrastructure.

Rep. Dina Titus urges probe into CFTC chair nominee Brian Quintenz over prediction market ties

Rep. Dina Titus is calling for an investigation into CFTC chair nominee Brian Quintenz over his ties to prediction markets, raising concerns over potential conflicts of interest.

Asia’s MicroStrategy? Metaplanet’s Aggressive Bitcoin Push With $2B BTC Holding

Metaplanet Inc., a leading Japanese investment firm, continues to make headlines with its strategic acquisition of 463 Bitcoins, boosting its total holdings to 17,132 BTC valued at $2.02 billion. The firm aims to emulate MicroStrategy's success with a clear, aggressive long-term Bitcoin strategy.

Bybit Expands USDT0 Support to HyperEVM, Corn, and Berachain

Bybit has expanded support for USDT0, the unified liquidity network for Tether, on HyperEVM, Corn, and Berachain, enhancing interoperable decentralized finance infrastructure.

Leading RWA Ecosystem Players Launch Ascend Startup Accelerator

A coalition of fintech and crypto leaders has launched Ascend, a high-impact accelerator program to fast-track institutional-grade Real-World Asset startups, supported by major ecosystem players.

SEC Chair Atkins Unveils “Project Crypto” to Modernize US Securities Regulation

SEC Chairman Paul Atkins announced "Project Crypto," aiming to modernize securities regulation to position the US as the "crypto capital of the world."

Strategy Buys Additional 21,021 Bitcoin for $2.4 Billion

Business-intelligence company Strategy, led by Michael Saylor, has acquired 21,021 Bitcoin for $2.4 billion, expanding its treasury holdings.

Arkham Uncovers $14.5B Bitcoin Heist From Chinese Mining Pool LuBian

Blockchain analytics firm Arkham Intelligence reveals a massive Bitcoin theft of 127,426 BTC, valued at nearly $14.5 billion, from Chinese mining pool LuBian in 2020. The heist, one of the largest in crypto history, went unreported until now, shedding light on the security vulnerabilities in the industry.

Bitcoin Rebounds Above $115,000: What Does Technical Analysis Say About Its Next Move

Bitcoin's price rebound above $115,000 has sparked debate among traders and analysts about its future momentum. While Long-Term Holders remain bullish, Short-Term Holders are taking profits, signaling potential short-term selling pressure and late-cycle behavior in the market.

CrediX Finance Exploited for $4.5 Million in Governance Attack

CrediX Finance, a decentralized lending protocol on the Sonic blockchain, was exploited on August 4, 2025, resulting in the loss of approximately $4.5 million in user funds. The attacker leveraged a critical governance vulnerability to drain the platform's lending pool by minting uncollateralized assets and borrowing against them.

France’s Far-Right Proposes Bitcoin Mining with Nuclear Surplus

RN lawmaker Aurélien Lopez-Liguori has drafted legislation proposing a pilot program to deploy Bitcoin mining rigs at nuclear power sites in France. This initiative aims to monetize surplus nuclear energy by generating up to $150 million annually through Bitcoin mining, marking a significant shift in the party's stance on digital assets.

Capital B Announces $13.3M Capital Increase and Convertible Bonds to Boost Bitcoin Treasury Strategy

Capital B (The Blockchain Group) has announced a capital increase and convertible bonds issuance totaling approximately $13.3 million to advance its Bitcoin Treasury Company strategy.

Bitcoin Creator Satoshi Nakamoto Statue Recovered from Lake Lugano After Vandalism

A vandalized Satoshi Nakamoto statue was recovered from Lake Lugano as supporters launch a petition to restore the Bitcoin monument.

Bitcoin Bulls Bet on Fed ‘Rate Cut Rush’ Echoing Last Year’s 100% Price Rally

Bitcoin is showing signs of recovery after a weekend selloff, fueled by weak US payroll data and an unexpected Federal Reserve resignation. Analysts are drawing parallels to last year's late U-turn by the central bank, which doubled Bitcoin's price by year's end, with current expectations of a September rate cut.

Source: KLEA News