Bo Hines Resigns, Pentagon Man Patrick Witt To Take Over

Bo Hines Resigns, Pentagon Man Patrick Witt To Take Over

The rumor mill is rife with speculations that Pentagon guy Patrick Witt may take over Bo Hines’ recently vacated position in President Donald Trump’s digital assets council. Given his credentials, Witt’s entry could mean a new direction in the USA’s crypto advance: one that is no longer just confined to the country’s monetary and fiscal…

Vitalik Buterin Reclaims 'Onchain Billionaire' Status

Vitalik Buterin Reclaims ‘Onchain Billionaire’ Status

Ethereum co-founder Vitalik Buterin has regained his status as a ten-figure crypto holder just days after Ether crossed the $4,000 price level for the first time in eight months, according to a blockchain intelligence firm. “Vitalik Buterin is now an onchain billionaire again,” Arkham said in a post on Saturday. At the time of publication,…

BTC YTD Performance 2nd to Gold but 308,709x Higher Total Return Since 2011

BTC YTD Performance 2nd to Gold but 308,709x Higher Total Return Since 2011

Bitcoin slipped 0.11% in the past 24 hours to $116,702, according to CoinDesk Data, but remains up 25% year to date, second only to gold’s 29% gain among major asset classes, according to data shared by financial strategist Charlie Bilello on X. 2025 Performance so far As of Aug. 8, bitcoin’s 25% year-to-date return ranked…

CrediX team disappears after a $4.5 million exploit

CrediX team disappears after a $4.5 million exploit

The official CrediX account on blogging platform X has disappeared after the platform suffered a $4.5 million hack. The disappearance has prompted many to speculate that the said hack was a rug pull. The lending protocol on Sonic chain suffered an attack with unlimited token minting, with up to $4.5M unauthorized assets created. The CrediX…

Sygnum Partners With SUI—Here’s Why It Matters

Sygnum Partners With SUI—Here’s Why It Matters

Sygnum Bank announced the extension of its support for digital assets. On Friday, the Switzerland-regulated institution stated that it has become the first Swiss bank to fully integrate Sui (SUI) in its platform. The move expands the reach of the token and its underlying tech to professional and institutional investors. Sui Integration in Sygnum Bank…

CoinIdol Weekly Crypto News Digest: August 9, 2025

CoinIdol Weekly Crypto News Digest: August 9, 2025

This week in cryptocurrency was defined by a major milestone for altcoins, a continued strong market, and significant regulatory shifts. Bitcoin price resilience and rally Bitcoin has maintained its robust performance, consistently trading above $112,000 and touching new record highs near $117,000. This bullish momentum is being driven by continued inflows into spot Bitcoin ETFs,…