Cryptonews

The Financial Services Commission (FSC) is plotting a stablecoin regulation bill for October 2025. It’ll cover won-backed stablecoins, collateral management, and risk controls-because nothing says “financial stability” like a government-mandated safety net. Per MoneyToday, Legislator Park Min-kyu spilled the beans at a hearing on August 18, 2025. The Virtual Asset User Protection Act? Phase two’s getting a stablecoin upgrade. Priorities, people. 🏛️

Ripple, darling, you absolute drama queen-you moved $606 million worth of XRP and didn’t even leave a sticky note? The crypto world is now collectively squinting at their screens like, “Is this a heist? A mistake? Or just Ripple’s version of spring cleaning?” 🧹

Their stash includes a mighty 1,523,373 ETH tokens, each grazing on the tender age of $4,326. Meanwhile, there are also 192 bitcoin (BTC)-enough to make even Satoshi do a double-take. All in all, the total is a cool $6.612 billion as of August 17, up by a spicy $1.7 billion from just the week before. It’s now the second-largest crypto treasury-right behind Strategy’s staggering $72 billion bitcoin unicorn. Who knew that the digital gold rush would look like this? 🤑

the rise of RWAs on Solana. These real-world assets have surged by 124% year-to-date, bringing the grand total to $390 million. 🌟 The leaders in this act? Ondo Finance’s USDY, supported by U.S. Treasuries, leading with a mighty market cap of $175.3 million. Bravo! 👏

As of mid-August 2025, SHIB clings to $0.000013 like a leech to a billionaire’s wallet. Resistance? Pfft-what’s resistance but a suggestion scribbled in chalk? Breaking above $0.000014 is vital, unless you fancy watching your gains evaporate faster than a Bitcoin hodler’s patience during a bear market. Market observers, armed with spreadsheets and caffeine, whisper of a 36% rally if the price holds. But let’s be honest: SHIB’s next move might just be dictated by the mood of a random meme cat. 🐱📈

Vet, the esteemed XRPL validator and xrpcafe cofounder, has sounded the alarm: Nakamoto-style systems, be they proof-of-work or proof-of-stake, are inherently vulnerable to chain reorganizations. 🕷️ It’s a design flaw that allows the past to be rewritten, like a digital History that can be altered at the whim of the powerful. 📚

Crypto seer Jackis has ventured into the fray, sharing his insights on Ethereum’s recent price movements. Through the lens of social media, he notes that ETH’s price action eerily mirrors its behavior from previous cycles. A glance at the chart reveals that Ethereum hit major cycle tops in January 2018 and November 2021, each followed by a precipitous fall. Both peaks were heralded by a sharp upward trajectory, only to succumb to the weight of its own success. Jackis observes that in those cycles, ETH soared well above prior highs before crashing back to earth. This time, however, the altcoin has not yet breached its all-time high, though it is drawing dangerously close to that critical threshold. 📈

Behold, the token PLUME, which leapt 18% in an hour, as if startled by the sudden arrival of Binance’s HODLer Airdrop. Now trading at $0.10, it boasts a daily volume that would make even the most jaded investor blush. In the past day, it gained 4%, and over the week, another 4%-a modest ascent, yet enough to stir the hearts of the hopeful.

At the time of writing, Chainlink (LINK) was trading at the lofty height of $25.35, marking its peak since the beginning of the year. This represents a staggering 135% increase from its nadir in late June, a period that seemed like a distant memory for the faithful.

Behold, the Financial Services Commission, that noble assembly of regulators, shall unveil its grand design for a stablecoin bill before the National Assembly in the month of October. A document so intricate, it shall rival the epics of old, detailing the rules of issuance, collateral management, and the delicate art of risk control. 📜