KLEA Crypto Daily: Tuesday, August 05, 2025

Published: August 6, 2025 – 00:03 UTC

Here’s a look back at the key stories from August 05, 2025.

NVIDIA Boosts AI Performance with GB200 NVL72 and OpenAI gpt-oss Models

NVIDIA collaborates with OpenAI to enhance AI capabilities, achieving up to 1.5 million TPS with their GB200 NVL72 system, optimizing gpt-oss models.

SEC Promises US Will Lead the Next Wave of Crypto Innovation

The SEC chair’s remarks signal unprecedented confidence in crypto market dynamics, igniting investor optimism and propelling momentum in sectors already outperforming on accelerating fundamentals.

Public Bitcoin Treasuries Step in with $552M Buys Amid $1.25B ETF Outflows

Publicly listed Bitcoin treasury companies purchased $552 million worth of BTC while ETF holders divested shares, with US-traded spot Bitcoin ETFs seeing $1.25 billion in outflows. Corporate treasuries added 4,869 BTC, worth nearly $552 million, during the same period.

SEC Clarifies Liquid Staking Tokens Are Receipts, Not Securities

The US Securities and Exchange Commission's Division of Corporation Finance issued new guidance stating that liquid staking does not automatically constitute a securities offering. This clarification impacts the regulatory environment for liquid staking activities and associated staking receipt tokens (SRTs).

U.S. Treasury Flags Rising Crime Tied to Crypto ATMs

The U.S. Treasury Department has raised concerns about the increasing use of cryptocurrency ATMs in scams and money laundering schemes. The Financial Crimes Enforcement Network (FinCEN) warns that many operators of crypto ATMs are not complying with federal regulations, potentially facilitating financial crimes.

Russia Said To Weigh Ukraine Air-Truce Offer To Trump On War: BBG

Russia is reportedly considering offering an air-truce proposal to former President Trump regarding the conflict in Ukraine.

MEI Pharma’s Crypto Treasury Move: 930,000 Litecoin Tokens Acquired

MEI Pharma Inc. becomes the first U.S.-listed public company to adopt litecoin as a primary reserve asset, acquiring 929,548 tokens of the cryptocurrency.

MEXC Pushes into Southeast Asia With Deal Valuing Indonesian Exchange at $200 Million

Structured as equity, MEXC's investment in Indonesia marks its expansion into the region amid growing institutional interest in the country's crypto space.

Sol Leads Majors, Huge Etf Outflows, Pumpfun Promises Changes

Crypto market sees a rise as SOL leads, while ETH experiences ATH ETF outflows. Various developments like SEC guidance on stablecoin accounting and Thiel-backed Bullish filing for IPO shape the industry.

XXKK Exchange Expands Global Fiat Withdrawal Network: Launches Localized Services in India

XXKK Exchange, a leading global cryptocurrency trading platform, has announced the launch of its localized fiat deposit and withdrawal services in India. This upgrade integrates various Indian payment channels to provide users with a safer, faster, and more compliant crypto trading experience.

DAR Citizenship Launches Across the Open Network to Deliver Universal Access to Web3 Gaming

DAR Open Network has introduced DAR Citizenship, a premium membership granting players access to a wide digital universe of web3 games. This membership offers exclusive rewards and benefits, aiming to enhance the gaming experience for dedicated web3 gamers.

Galaxy Digital Posts $31M Profit as BTC Holdings Climb in Q2

Galaxy Digital returned to profitability in Q2, adding over 4,200 BTC to its holdings, totaling 17,102 BTC. This growth helped the firm recover from a $295 million loss in Q1.

SignQuantum Launches Quantum-Resistant Add-On to Protect Digitally Signed Documents

SignQuantum officially launched a post-quantum cryptography solution to safeguard digitally signed documents from cybersecurity threats posed by quantum computing. The software add-on integrates with e-signature platforms, offering organizations a fast transition to quantum-safe security.

BlackRock’s Bitcoin ETF Becomes Second-Largest by Monthly Inflows in the U.S.

BlackRock’s iShares Bitcoin Trust (IBIT) secures its place as the second-largest U.S.-listed ETF by monthly inflows, with over $5.2 billion in net capital for July 2025. This reflects a growing institutional interest in regulated crypto exposure, positioning IBIT at the forefront of mainstream Bitcoin investment within traditional portfolios.

FinCEN Issues Warning on Bitcoin ATMs Used in Scams

FinCEN alerts on the rise of crypto kiosk scams, with victims losing nearly $247 million in 2024. The Treasury agency highlights the need for vigilance and caution when using Bitcoin ATMs to prevent falling prey to fraudulent schemes.

Binance Launches Zero Fee Promotion on Select Trading Pairs

Binance has announced a zero fee promotion on BNB/USDC, ADA/USDC, TRX/USDC, and XRP/USDC trading pairs for VIP 2 – 9 users and spot liquidity providers. This move aims to incentivize trading on these specific pairs.

Coinbase’s Base Network Halts Block Production for Nearly 30 Minutes

The Ethereum Layer 2 network Base experienced a brief pause in block production after nearly two years of uninterrupted operation. The halt lasted for almost 30 minutes before resuming normal block production activities.

Source: KLEA News