14 Aug 2025, 14:25

Crypto Super PAC With $140M War Chest Threatens Sherrod Brown’s 2026 Senate Bid

A well-funded crypto super PAC is gearing up for another fight with former Senate Banking Committee chair Sherrod Brown, raising the stakes for Ohio’s 2026 Senate race. Key Takeaways: Fairshake spent over $40M in 2024 to unseat Sherrod Brown and has now raised $140M for 2026. Brown’s past opposition to pro-crypto legislation makes him a prime target for the PAC. His likely opponent, Republican Jon Husted, has a pro-crypto record. Fairshake, a political action committee bankrolled by major cryptocurrency players including Coinbase, Ripple, and venture capital giant Andreessen Horowitz, spent over $40 million in 2024 to help unseat Brown, a vocal critic of the industry. That effort, the PAC’s biggest single-race investment, succeeded in electing Republican Bernie Moreno , a pro-crypto businessman, flipping a key seat on the Banking Committee. Fairshake Reloads With $140M to Target Sherrod Brown Again Fairshake has replenished its coffers with more than $140 million and is signaling that Brown remains in its sights, according to a Thursday report from Politico . “We will continue to support pro-crypto candidates and oppose anti-crypto candidates, in Ohio and nationwide,” spokesperson Josh Vlasto reportedly told the outlet. Brown’s tenure as Banking Committee chair from 2021 to 2025 was marked by resistance to industry-friendly legislation, citing concerns over money laundering and illicit finance. His stance put him at odds with a growing faction of Democrats warming to crypto, creating a fault line the industry exploited in 2024. The political calculus has shifted for 2026. Brown’s potential opponent, Republican incumbent Jon Husted, appointed to the Senate after JD Vance became vice president, has been generally supportive of the industry. Fairshake PAC https://t.co/j989tvaMmW Donors: -RIPPLE LABS INC – $45 Million Brad Garlinghouse -Senior Advisor at Silver Lake Partners (connected to Oracle through David Roux) -Executive at AOL (Steve Kase, Revolution Group) -Executive at Yahoo (Owned by Apollo Global… pic.twitter.com/a0BFZCajzl — 7SEES (@7SEES_) July 15, 2025 While Husted has been quiet on crypto specifics, his record in state office and recent votes align with pro-crypto positions. Brown’s comeback bid faces not just the challenge of an entrenched incumbent, but also questions about his seniority if he returns. Senate rules would strip him of his prior Banking Committee leadership unless Democrats change them, a potential flashpoint given his strained relationship with the industry. Despite his 2024 defeat by more than three percentage points, Brown remains Democrats’ top hope to reclaim the Ohio seat. He outperformed Kamala Harris by more than seven points in the state, even as crypto-backed spending fueled a GOP financial edge. Fairshake PAC Backs Pro-Crypto Candidates Created by a handful of crypto companies in 2023, Fairshake “supports candidates committed to securing the United States as the home to innovators building the next generation of the internet” while pushing for “a clearer regulatory and legal framework” for the blockchain sector. Major donors behind Fairshake include venture capital firm Andreessen Horowitz, and crypto giants Coinbase and Ripple. Coinbase recently contributed $25 million , with Ripple Labs, Uniswap Labs, and crypto entrepreneur Robert Leshner also backing the effort. Coinbase’s chief policy officer, Faryar Shirzad, said the company is committed to fighting for consumer protections and financial empowerment for digital asset holders. “We are building an aggressive, targeted strategy for next year to ensure that pro-crypto voices are heard in key races across the country,” Fairshake spokesperson Josh Vlasto said. The post Crypto Super PAC With $140M War Chest Threatens Sherrod Brown’s 2026 Senate Bid appeared first on Cryptonews .

14 Aug 2025, 14:24

Google U-Turn on Plan to Remove Non-Custodial Crypto Wallets from Play Store Following Backlash

Google has officially reversed its controversial plan to remove non-custodial crypto wallets from the Play Store following intense criticism from the cryptocurrency community on Wednesday. On August 13, Google Play unveiled new licensing requirements mandating that custodial crypto wallet providers secure jurisdiction-specific licenses across more than 15 countries. After regulation by prosecution, here comes regulation by monopoly. Google Play Store is banning all non-custodial wallets whose developers do not have a FinCEN registration, state banking license, or MiCA license. This means that in the US, *all* non-custodial wallets on the… https://t.co/NU3gLzEi5R pic.twitter.com/iOrXcj5NEN — L0la L33tz is more fun on Nostr (@L0laL33tz) August 13, 2025 Under these regulations, US app developers must operate under federal or state banking charters or register with FinCEN as money services businesses while obtaining state money transmitter licenses. Crypto Twitter Explodes On Google’s Threat to Non-Custodial Wallets Within the European Union, developers are required to register as crypto-asset service providers under the Markets in Crypto-Assets (MiCA) regulation. Meanwhile, the UK mandates Financial Conduct Authority registration for compliance purposes. These requirements would have forced non-custodial wallets such as MetaMask, Phantom, and Ledger to meet stringent compliance standards, including implementing comprehensive Anti-Money Laundering (AML ) programs and potentially extensive Know Your Customer (KYC) procedures . Such measures fundamentally contradict the core principles these wallets represent and the broader DeFi ecosystem’s values. The initial announcement triggered widespread concern throughout the crypto community on social media platforms. Many users expressed alarm that these rules would encompass non-custodial or self-custodial wallets on Android devices. Crypto attorney Jacob Wittman commented that “the Google Play wallet ‘ban’ is a giant nothing-burger in many ways, but it does show that tech giants control distribution and we are still at their whim.” Former Twitter CEO Jack Dorsey and Chairman of Block, Inc., characterized the proposed developer guidelines as “terrible.” Google swiftly addressed these concerns through its Help Center documentation, clarifying that “non-custodial wallets are out of scope of the Cryptocurrency Exchanges and Software Wallets policy.” Thanks for flagging this. Non-custodial wallets are not in scope of Google Play’s Cryptocurrency Exchanges and Software Wallets Policy. We are updating the Help Center to make this clear. — News from Google (@NewsFromGoogle) August 13, 2025 Richard Widmann, Global Head of Strategy for Web3 at Google Cloud, also intervened to reassure the crypto industry that the policy was never intended to cover non-custodial wallets. He explained that the imprecise use of the term “software wallets” without proper distinction had created confusion. “It is not 2015 anymore – we are working alongside dozens of crypto development shops and protocols to enable this ecosystem,” Widmann stated. Google’s clarification confirms that self-custody applications remain exempt, while the Play Store will continue to regulate custodial apps and exchanges in the US, EU, UK, and other specified markets. The practical outcome shifts the compliance burden entirely onto entities that custody user funds, rather than the open-source code that empowers users to maintain self-custody. Non-Custodial Wallet Developer Loses Google 5-Star Reviews in Silent Purge However, despite Google’s clarification, edge cases persist. Adam Simecka, Founder of Bitcoin non-custodial wallet MannaBitcoin, revealed that Google delisted the wallet without warning, notice, or recourse. He further disclosed that Google removed the app from search results and eliminated five-star reviews. It is still downloadable from the link on our website and the Apple App Store. They just removed us from search results and removed our wonderful 5-star reviews. — Adam Simecka (@AdamSimecka) August 13, 2025 These incidents highlight Google’s historically complex relationship with cryptocurrency applications. The platform banned crypto mining apps in 2019 and removed crypto news applications, including those from Cointelegraph and CoinDesk, without explanation. In the last week, the MetaMask Android client was suspended by the Google Play App Store @googleplaydev . They cited their policy that bans mining on mobile, which we don't. Appeal rejected. #ProtectWeb3 . https://t.co/rfP4EbOAqv !?zippy_activeEl=cryptocurrencies%23cryptocurrencies — MetaMask.eth (@MetaMask) December 26, 2019 Google later reinstated these apps and relaxed its crypto media and advertising restrictions , permitting certified advertisers to promote approved products under strict guidelines. Despite these restrictions, Google has also fostered positive collaborations within the Web3 space. In July, Google Cloud partnered with ZK-powered identity protocol Self to accelerate adoption of its Web3 infrastructure and AI tooling among verified human users. In January 2024, Google announced a partnership with Coinbase , enabling select customers to pay for Cloud services using cryptocurrencies such as Bitcoin (BTC), with plans to expand cryptocurrency payment options to additional customers over time. Several months later, blockchain-based Web3 game development platform Sequence collaborated with Google Cloud to deliver Web3 technology and simplicity to gaming by offering its comprehensive gaming solution to Google Cloud customers. The post Google U-Turn on Plan to Remove Non-Custodial Crypto Wallets from Play Store Following Backlash appeared first on Cryptonews .

14 Aug 2025, 14:20

MoonPay Trust Wallet Partnership: Unlocking Seamless Crypto Access Globally

BitcoinWorld MoonPay Trust Wallet Partnership: Unlocking Seamless Crypto Access Globally A significant development is unfolding in the world of digital assets, promising to make crypto more accessible than ever before. Leading crypto payments platform MoonPay has announced a landmark multi-year MoonPay Trust Wallet partnership , set to transform how users engage with cryptocurrencies directly within the popular Trust Wallet application. This collaboration aims to streamline the process of acquiring and cashing out digital assets, making it easier for millions worldwide. What Does This Game-Changing MoonPay Trust Wallet Partnership Entail? The newly announced multi-year agreement between MoonPay and Trust Wallet (TWT) solidifies a long-standing relationship, making MoonPay a primary provider for Trust Wallet’s in-app crypto functionalities. Specifically, MoonPay will power the “Buy Crypto” function and serve as the default option for both buying and selling cryptocurrencies. The partnership kicks off in the U.S. and is set to expand its reach globally. This builds upon existing integrations that date back to 2020, with an off-ramp solution already added in January 2023. The core objective is to offer a highly streamlined checkout experience across more than 190 countries, ensuring broader digital asset accessibility . This strategic move is poised to simplify the user journey, removing friction often associated with entering or exiting the crypto ecosystem. How Does This Enhance Your Crypto On-Ramp Solutions? For anyone looking to buy and sell crypto , the user experience is paramount. This partnership directly addresses common pain points by providing robust crypto on-ramp solutions . Imagine a world where converting fiat currency into crypto, or vice versa, is as simple as a few taps on your smartphone. That is the vision this collaboration brings to life. Previously, users might have navigated multiple platforms or faced complex verification processes. Now, Trust Wallet users can expect: Direct Integration: Seamlessly initiate transactions without leaving the Trust Wallet app. Reduced Friction: Enjoy a smoother, faster process for purchasing and cashing out crypto. Reliability: Leverage MoonPay’s established infrastructure for secure and efficient transactions. This integration makes the process of onboarding new users into the crypto space significantly more user-friendly, fostering wider adoption. Experience Seamless Crypto Transactions and Global Reach The goal of this multi-year deal is clear: to enable seamless crypto transactions for a global audience. By making MoonPay the default buy/sell option, Trust Wallet is ensuring its users have a consistent and reliable experience, regardless of their location. This means whether you are in New York or Nairobi, the process to buy crypto or convert your digital assets back into traditional currency will be standardized and efficient. The expansion across over 190 countries is a testament to the commitment to global digital asset accessibility. Ultimately, this partnership simplifies what can often be a complex process, encouraging more individuals to explore the potential of cryptocurrencies with greater confidence and ease. The Future of Digital Asset Accessibility This MoonPay Trust Wallet partnership marks a significant step forward in making digital assets truly mainstream. By focusing on enhanced user experience and expanding global reach, both companies are contributing to a future where participating in the crypto economy is intuitive for everyone. This collaboration not only benefits current Trust Wallet users but also serves as a model for how crypto platforms can work together to lower barriers to entry. As the digital asset space continues to evolve, partnerships like this are crucial for fostering growth and ensuring a more inclusive financial ecosystem. In conclusion, the multi-year agreement between MoonPay and Trust Wallet is a powerful alliance designed to simplify and secure crypto transactions for a vast global audience. By integrating MoonPay’s robust payment infrastructure directly into Trust Wallet, users gain unparalleled ease in managing their digital assets. This strategic partnership is set to drive broader adoption and make the crypto world more accessible and user-friendly than ever before, truly revolutionizing how individuals interact with their digital wealth. Frequently Asked Questions (FAQs) What is the core of the MoonPay Trust Wallet partnership? The core of the partnership is a multi-year deal making MoonPay a key provider for Trust Wallet’s in-app crypto purchase and cash-out functions, serving as the default option for buying and selling cryptocurrencies. Which countries will benefit from this enhanced digital asset accessibility? While the partnership begins in the U.S., it aims to streamline checkout processes and enhance digital asset accessibility across more than 190 countries globally. How will this partnership improve crypto on-ramp solutions for users? This partnership will improve crypto on-ramp solutions by providing a more direct, seamless, and reliable way for users to convert fiat currency into crypto and vice versa, all within the Trust Wallet application. Can I both buy and sell crypto through this new integration? Yes, MoonPay will be the default option for both the “Buy Crypto” and “Sell Crypto” (cash-out) functions within the Trust Wallet app. What makes these seamless crypto transactions important? Seamless crypto transactions are important because they reduce friction for users, making it easier for new individuals to enter the crypto space and for existing users to manage their digital assets efficiently, fostering wider adoption. If you found this article insightful, please consider sharing it with your network on social media! Help us spread the word about the exciting advancements in the crypto space. To learn more about the latest crypto market trends, explore our article on key developments shaping digital asset accessibility and institutional adoption . This post MoonPay Trust Wallet Partnership: Unlocking Seamless Crypto Access Globally first appeared on BitcoinWorld and is written by Editorial Team

14 Aug 2025, 14:19

$546.68M crypto longs liquidated in one hour as PPI data triggers sell-off

Cryptocurrency markets are experiencing a dramatic sell-off following the release of U.S. Producer Price Index (PPI) data, with over $577 million in liquidations as of press time, including $546.68 million in long positions , wiped out in just the past hour. Crypto liquidation chart. Source: Coinglass The producer price index jumped 0.9% in July versus expectations of just 0.2%, while core PPI also surged 0.9% against forecasts of 0.3%. On an annual basis, headline PPI increased 3.3%, the biggest 12-month move since February and well above the Fed’s 2% target. Both Bitcoin ( BTC ) and Ethereum ( ETH ) were trading at all-time highs within the past 24 hours before reversing sharply. BTC has fallen from its record of $124,457.12 to $118,494.20, down 3.93% on the day. ETH has slid from its recent peak to $4,576.79, marking a 3.65% drop over the same period. The carnage follows wholesale prices rising far more than expected, casting doubt on anticipated Federal Reserve rate cuts and triggering widespread panic selling across digital assets that had been rallying on earlier positive CPI data. 216,613 traders liquidated in 24 hours Coinglass data reveals the extent of the market destruction, with total liquidations reaching $1.05 billion over the past 24 hours, wiping out positions for 216,613 traders.. Long positions bore the brunt of the selloff, accounting for $780.26 million in liquidations, while short liquidations totaled just $270.90 million. Indeed, the timing was particularly brutal for crypto bulls who had positioned for continued upside momentum following the favorable CPI data that had initially sparked the rally. The largest single liquidation occurred on Bybit, with a BTCUSD position worth $10 million being wiped out as prices cascaded lower. The question now centers on whether the Federal Reserve will maintain its accommodative stance or pivot to a more hawkish position in response to persistent inflationary pressures. Featured image via Shutterstock. The post $546.68M crypto longs liquidated in one hour as PPI data triggers sell-off appeared first on Finbold .

14 Aug 2025, 14:15

Bitcoin and Ethereum: Unprecedented Decade of Digital Asset Growth

BitcoinWorld Bitcoin and Ethereum: Unprecedented Decade of Digital Asset Growth The financial world often sees impressive gains, but few compare to the astonishing rise of digital assets over the last decade. Brian Armstrong, the influential CEO of Coinbase, recently highlighted on X a truly remarkable trend. He pointed out that while traditional investments like gold and the S&P 500 saw solid increases, Bitcoin and Ethereum delivered absolutely phenomenal investment returns , dwarfing everything else. This incredible cryptocurrency performance demands our attention, signaling a significant shift in global finance. What Fuels This Extraordinary Digital Asset Growth? In the past ten years, gold recorded a 201% gain, and the S&P 500, a benchmark for traditional stocks, rose by 207%. These are respectable figures for long-term investments. However, the world of digital assets tells a different story entirely. Bitcoin soared by an astounding 49,000%, and Ethereum, even more impressively, jumped by 350,000%. This massive digital asset growth isn’t just a fluke; fundamental shifts underpin it. Decentralization: Bitcoin offers a truly decentralized financial system, free from government or bank control. Utility and Innovation: Ethereum powers a vast ecosystem of decentralized applications (dApps), NFTs, and decentralized finance (DeFi), showcasing immense utility beyond just being a store of value. Scarcity: Bitcoin has a finite supply, similar to gold but digitally enforced, which can drive up demand as adoption grows. These unique characteristics attract a growing global user base and institutional interest, fueling their unparalleled rise and contributing to their incredible market outperformance . Comparing Investment Returns: Why Crypto Outperforms When we look at investment returns over a decade, the disparity between traditional assets and leading cryptocurrencies becomes stark. It’s not just about percentages; it’s about a paradigm shift in how value is created and transferred. Traditional markets operate within established frameworks, experiencing steady, predictable growth. Cryptocurrencies, however, represent a nascent, rapidly evolving technology sector. The exponential growth seen in Bitcoin and Ethereum stems from their foundational technology and increasing mainstream acceptance. Early adopters recognized their potential, driving significant price appreciation as the market matured. This explosive cryptocurrency performance shows how innovative technologies can disrupt established financial norms, delivering extraordinary gains for patient investors. Understanding Market Outperformance: A New Era? The market outperformance of Bitcoin and Ethereum over the last decade suggests a significant shift in investor sentiment and technological adoption. Many now view these digital assets not merely as speculative instruments but as legitimate components of a diversified investment portfolio. This evolution from niche technology to mainstream asset class highlights a broader acceptance of blockchain technology’s potential. Moreover, global events and macroeconomic factors often influence traditional markets. While cryptocurrencies are not immune to these forces, their unique value propositions and global accessibility provide a different risk-reward profile. Investors are increasingly seeking alternative assets that can offer uncorrelated returns or superior growth potential, and Bitcoin and Ethereum have certainly delivered on that front, driving impressive digital asset growth . Navigating Challenges and Seizing Opportunities Despite the stellar cryptocurrency performance , it is crucial to acknowledge the inherent volatility and regulatory uncertainties within the crypto market. Prices can fluctuate wildly, and the landscape is constantly evolving. However, for those willing to navigate these challenges, the opportunities remain substantial. Educating oneself about blockchain technology, understanding market cycles, and considering long-term investment strategies are key. The insights from industry leaders like Brian Armstrong remind us of the incredible journey these assets have taken and the potential they still hold for future digital asset growth . While past performance does not guarantee future results, the trends are undeniably compelling, showcasing the continued potential for market outperformance . In conclusion, Brian Armstrong’s recent observations powerfully underscore the transformative decade for Bitcoin and Ethereum . Their staggering investment returns , far exceeding those of traditional assets, signal a new era in finance. As these digital currencies continue to mature, they present both exciting prospects and important considerations for investors worldwide. The journey of cryptocurrency performance has been extraordinary, and its impact on the global financial landscape is only just beginning to unfold. Frequently Asked Questions (FAQs) Q1: What did Brian Armstrong’s recent comments reveal about Bitcoin and Ethereum? A: Coinbase CEO Brian Armstrong highlighted the immense investment returns of Bitcoin and Ethereum over the past decade, noting their significant outperformance compared to traditional assets like gold and the S&P 500. Q2: How do Bitcoin and Ethereum’s returns compare to gold and the S&P 500? A: Over the last 10 years, gold gained 201% and the S&P 500 rose 207%, while Bitcoin climbed 49,000% and Ethereum jumped 350,000%, showcasing superior cryptocurrency performance . Q3: What are the key drivers behind digital asset growth? A: Key drivers include decentralization, utility through platforms like Ethereum for dApps and DeFi, and the inherent scarcity of assets like Bitcoin, all contributing to robust digital asset growth . Q4: What should investors consider when looking at cryptocurrency performance? A: Investors should consider the long-term potential and innovative nature of Bitcoin and Ethereum , while also being mindful of market volatility and evolving regulatory landscapes. Q5: Is the cryptocurrency market still volatile? A: Yes, the cryptocurrency market remains volatile. However, this volatility often comes with significant growth opportunities for those with a long-term investment horizon, contributing to its unique market outperformance . If you found this analysis of Bitcoin and Ethereum ‘s remarkable journey insightful, please share this article with your network! Help spread awareness about the evolving landscape of digital finance and the incredible cryptocurrency performance that is reshaping investments. To learn more about the latest cryptocurrency performance trends, explore our article on key developments shaping Bitcoin and Ethereum ‘s market outperformance . This post Bitcoin and Ethereum: Unprecedented Decade of Digital Asset Growth first appeared on BitcoinWorld and is written by Editorial Team

14 Aug 2025, 14:14

Best cryptos to buy now: experts tip SOL, RTX and ADA for post-ETH surge skyrockets

Investors searching for the Best Crypto To Buy Now are considering Solana, Remittix and Cardano as Ethereum goes up. While top-cap coins continue to trend, early-stage altcoins with utility-backed use cases also begin to pick up pace. Among these, Remittix quietly gains momentum behind a Q3 beta wallet launch and ongoing presale. Its use case on global cross-border payments positions it as a utilitarian addition to diversified crypto baskets against meme coins and top Layer 1 chains. Market snapshot: Solana and Cardano Solana is priced at $202.15, increasing 14.15%, with a market cap of $108.88 billion and $12.68 billion in 24-hour volume, increasing 120.95%. Cardano increased 11.58% to $0.8804, with a market cap of $31.35 billion and $2.52 billion in volume, increasing 103.06%. These increases reflect the strength of Layer 1 ecosystems following Ethereum rallies. Investors following the Best Crypto To Buy Now are looking at both well-established currencies, such as Solana and Cardano and new ventures with practical applications, such as Remittix. Why Remittix Is Attracting Attention Remittix (RTX) is priced at $0.0944, with over 599 million tokens traded and $19.3 million raised. Its Remittix DeFi platform offers bank-to-crypto transactions in 30+ nations, encompassing 40+ cryptocurrencies and 30+ fiat currencies. The upcoming Q3 2025 beta wallet will enjoy simple mobile-first usability, instant FX exchanges and low gas fees. These are a perfect fit for Remittix as a convenient crypto payment option for businesses, freelancers and international earners. Global Reach: Send crypto to bank accounts in 30+ nations Real-World Utility: Built for real-world transactions, not speculation Wallet Coming Q3: Mobile experience with real-time FX conversion Security First: Audited by CertiK $250, 000 Giveaway: Incentivizes early community involvement Project momentum & tokenomics Remittix presale has a 40% early bird backer bonus and a 20% referral program. The deflationary token model is designed to encourage long-term holding and usage in real life. With the first Centralized Exchange (CEX) listing on the verge of hitting the $20 million milestone, liquidity and greater global accessibility are unlocked for RTX token holders. Road ahead for Remittix As real-world adoption gains momentum, Remittix is a real-world solution to payment inefficiencies around the world. The cross-border crypto-to-fiat network targets a $19 trillion payments market and has bigger altcoins like Solana and Cardano backing it up. With more users testing the Q3 beta wallet and community activity increasing, Remittix is poised as a practical, scalable choice in the Best Crypto To Buy Now sector, solving traditional finance and decentralized crypto ecosystems. Discover the future of PayFi with Remittix by checking out their project here: Website: https://remittix.io/ Socials: https://linktr.ee/remittix $250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway The post Best cryptos to buy now: experts tip SOL, RTX and ADA for post-ETH surge skyrockets appeared first on Invezz