KLEA Crypto Daily: Thursday, August 28, 2025

Published: August 29, 2025 – 00:04 UTC

Here’s a look back at the key stories from August 28, 2025.

Beijing Sets Ambitious Targets for Nationwide AI Integration Over 10 Years

Beijing has unveiled its most aggressive artificial intelligence targets yet, aiming for near-universal adoption within a decade.

Top Crypto Protocols Generate $1.2B in Revenue After Recording 9.3% Monthly Growth

The 10 highest-grossing crypto protocols generated $1.2 billion in revenue during the 30 days ending Aug. 28, with significant increases seen in various applications like Ethena and Pump.fun.

Lombard Launches $1.5 B Yield-Bearing Bitcoin Token on Solana

Lombard Finance introduces LBTC, a yield-bearing Bitcoin token, on the Solana blockchain, expanding its circulation to one of the industry's largest smart-contract networks.

Stablecoin Platform M0 Raises $40 Million in Polychain-Led Series B

Switzerland-based M0 secures $40 million in Series B financing for its infrastructure that enables institutions to issue application-specific stablecoins, marking a significant milestone in the stablecoin sector.

Bitcoin Nudged Higher by Strong US GDP Figures

The U.S. Bureau of Economic Analysis (BEA) published better-than-expected economic data, with GDP expanding by 3.3% in Q2, lifting BTC prices modestly.

Base Overtakes Solana in NFT Volume as Zora Drives Minting Frenzy

Base has become a go-to platform for Web3 creators, with millions of mints and $122 million in trading volume, surpassing Solana in NFT activity.

SKALE Labs Launches SocialFi Incubator to Fund the Next Generation of Viral Web3 Social Applications

SKALE Labs has introduced the SKALE SocialFi Incubator to support teams in creating scalable Web3 social platforms. The program aims to address limitations of Web2 by funding breakthrough social applications that prioritize ownership, transparency, and community participation.

Real Estate Firm’s Stock Spikes After Revealing First Publicly Traded Chainlink Treasury

Caliber, a real estate asset management firm, becomes the first publicly traded company to establish a Chainlink (LINK) treasury. This move signals growing interest in integrating cryptocurrency assets into traditional corporate treasuries.

Dogecoin Price Flashes TD Sequential Buy Signal as DOGE Eyes $0.25 Breakout

DOGE price is at $0.22, showing potential for a reversal with technical indicators pointing towards a breakout to $0.25, driven by a cup-and-handle pattern targeting $0.82.

Bam Aquino Pushes For Blockchain-Based Budgeting

Former Philippine Senator Bam Aquino advocates for using blockchain technology in national budgeting to enhance transparency, combat corruption, and improve public trust by enabling the tracking of every peso spent.

Parlions Platform: Why Parlions Platform Is Being Touted as a Market Disruptor For AI-Powered Trading

In the world of digital finance, the Parlions Platform is gaining attention for its purpose-built design to meet the demand for automation, transparency, and adaptability in trading. With a focus on artificial intelligence and real-time analytics, the platform offers a structured trading framework for consistent execution across various assets.

Bitcoin, Solana Rise as Investors Weigh Nvidia Earnings, Strong GDP Data

Bitcoin and Solana have seen increases in value as investors consider Nvidia's earnings and positive GDP data. This rise reflects the ongoing impact of key financial indicators on the cryptocurrency market.

U.S. Initial Jobless Claims Below Expectations, Q2 GDP Growth Rate Revised Up

U.S. initial jobless claims for the week ending August 23 were 229k, slightly below the expected 230k, with the prior week’s figure revised from 235k to 234k. Additionally, the U.S. Q2 real GDP annualized growth rate was revised to 3.3%, surpassing expectations of 3.1%.

Alphabet’s 2026 Google Cloud Universal Ledger Could Rival Ripple’s XRP Ledger

Alphabet's Google is set to launch the Google Cloud Universal Ledger (GCUL) in 2026, a platform that mirrors capabilities of Ripple's XRP Ledger (XRPL). This move raises questions about potential competition in payments and tokenization, with the Chicago Mercantile Exchange already piloting tokenization on GCUL.

The Play Solana PSG1 Ships in October as Web3 Gaming Hardware Gains Momentum

Play Solana announced the upcoming shipment of its PSG1 handheld gaming console featuring high-end specifications, marking a significant development in the realm of Web3 gaming hardware.

Tornado Cash Devs Get $500K From Solana Policy Institute to Appeal Convictions

The Solana Policy Institute is providing financial support to developers of Ethereum coin mixer Tornado Cash to aid in their efforts to appeal criminal convictions in the U.S. and the Netherlands, highlighting a notable collaboration within the crypto space.

Bulls vs Bears? Bitcoin’s Critical Pivot Zone at 109K – 112K

"The 109K – 112K range is a critical pivot zone in the short term. A weekly close above this region could strengthen the trend, while closing below it may accelerate the correction." - Read More

LBank Introduces LBmeme Launch, Unlocking Meme Prosperity and Redefining IDO Benchmark

LBank officially launches LBmeme Launch, the first AMM-based IDO platform, revolutionizing the memecoin market by democratizing access and empowering creators and investors with innovative tools in a transparent environment.

Source: KLEA News