Crypto News. August 29, 2025
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DeFi
US Department of Commerce teamed up with Chainlink to publish government macroeconomic data such as GDP and Inflation onchain.
US Department of Commerce selected Pyth Network as the solution for onchain verification and distribution of economic data
Tether to launch USDT natively on Bitcoin using RGB Protocol
CFTC advisory to create legal pathway to allow US to trade on offshore crypto exchanges
Onchain markets Execution layer, aPriori raised $20M from Haskey Capital, Pantera, totaling $30M raised so far
PortaltoBitcoin announced $50M ecosystem fund commitment from Paloma Investments and $92M raise from OKX Ventures, Arrington Capital
Bybit announce: Bybit X Mantle (MNT) airdrop
CyberKongz NFT announce KONG token airdrop to 2% of active OpenSea users who who purchased $10k worth of NFTs since Jan 1, 2023
Tron network fees has been reduced by 60%
Wormhole expands to Hyperliquid HyperEVM enabling cross chain swaps via Portal Earn
M0 raised $40M to build the universal stablecoin platform led by Polychain. It’s a tech stack for where issuers can plug into stablecoins networks instead of passing through endless bridge-swap headache, networks like with Metamask, Usual money, Noble are live
Pudgy Penguin announce Pudgy Party, a web3 mobile game built with Mythical games live on App Store and Play Store
Grayscale files S1 with SEC to advance Polkadot and Cardano ETFs
Union build airdrop checker went live