#crypto
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Crypto hacks in August drain $163M as exploits surge 15%
Crypto hacks surged again in August, with attackers stealing $163M across 30 incidents. While centralized services bore the brunt, DeFi platforms also lost funds. The Lazarus Group was linked to several exploits, underscoring rising risks for Web3 security. CFTC opens the US market to offshore exchanges
The cryptocurrency world is constantly evolving, encompassing not just technological advances but regulatory changes too. A potentially revolutionary shift is under discussion in the US as regulators consider legalizing offshore crypto exchange operations. Trump effect: Bitcoin Asia boycott Hong Kong’s fragile neutrality
A diplomatic dispute erupted ahead of Bitcoin Asia 2025 as government and regulatory representatives withdrew from panels, unwilling to share the stage with Eric Trump. The episode highlighted how political risks limit Hong Kong’s crypto ambitions and its efforts to remain neutral between Washington and Beijing. 
Crypto lobby to Senate: protect developers or we walk
More than 100 crypto groups delivered an ultimatum to Senate Banking and Agriculture: pass market-structure legislation that explicitly shields open-source developers and non-custodial tools – or lose industry backing. With the House’s CLARITY Act passed and Senate votes targeted by Sept. 30, definitions now will decide whether builders stay onshore. 
Trump’s WLFI Token to unlock on Sept 1 - valuation $30B?
The Trump family’s crypto project, World Liberty Financial (WLFI), is set to unlock 20% of its tokens on September 1, 2025, officially entering circulation and marking a major turning point for the governance token once described as “potentially non-tradable forever.” 
Crypto executives file $200M BTC Infrastructure SPAC for Nasdaq
Bitcoin Infrastructure Acquisition Corp. Ltd. filed to raise $200 million through a Nasdaq listing under ticker BIXIU. The Cayman Islands-based blank-check company plans to merge with a digital finance or blockchain infrastructure business. 
