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TRON Selected By US Department Of Commerce To Publish Economic Data Onchain

by admin September 3, 2025

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

In the midst of heightened market volatility, Tron has once again captured global attention by securing a landmark partnership with the US Department of Commerce. The agency announced today that it has selected the blockchain as one of the primary networks for posting official economic data, beginning with the release of the second quarter gross domestic product (GDP) figures.

This marks the first time that official US GDP data has been published on a public blockchain, a move that underscores the growing role of decentralized technology in enhancing transparency and global accessibility of critical economic indicators.

For Tron, this partnership is more than symbolic—it highlights the network’s ability to deliver scalability, speed, and trust at a time when blockchain use cases are expanding rapidly. Processing billions in daily settlement volume and millions of transactions, Tron has steadily built a reputation as one of the most active and reliable chains in the industry.

By becoming an infrastructure partner for one of the world’s largest economies, Tron strengthens its position as a critical player in the future of data security and blockchain adoption. This development comes as the broader crypto market heats up, adding momentum to its long-term growth narrative.

US GDP Data Anchored on TRON Blockchain

In its latest press release, TRON confirmed a historic milestone for blockchain adoption: for the first time, a US federal agency has published official GDP data on public blockchains. The Bureau of Economic Analysis (BEA) reported a Q2 2025 GDP growth rate of 3.3 percent on an annualized basis, with the corresponding data hash permanently recorded on TRON.

The transaction hash — 3f05633fb894aa6d6610c980975cca732a051edbbf5d8667799782cf2ae04040 — now serves as an immutable record, ensuring that the information remains transparent and accessible to the public.

The US Department of Commerce selected TRON to record the SHA256 hash of the official GDP release, recognizing the network’s ability to deliver unparalleled scalability, speed, and efficiency.

TRON’s performance metrics underscore its readiness for this role. With more than $22 billion in daily settlement volume and over 8.8 million daily transactions, the network has established itself as one of the busiest and most reliable blockchains globally. Beyond serving as a financial settlement layer, TRON is now positioned as infrastructure for governments and institutions.

This partnership highlights a turning point for blockchain’s utility. TRON is proving that decentralized networks can safeguard sensitive data while granting global, open access. As markets continue to evolve, the integration of TRON into official economic reporting sets a precedent for how blockchain can reshape transparency, trust, and access to critical information worldwide.

TRX Testing Strength Amid Consolidation

TRON (TRX) continues to trade in a strong uptrend despite recent volatility, holding above the $0.33 level. The chart shows that TRX has maintained its bullish momentum since early 2025, supported by consistent higher lows and strong buying interest. After peaking near $0.36, the price has entered a short-term consolidation phase, with bulls working to defend key support levels around the 50-day moving average at $0.29.

TRX testing previous resistance as support | Source: TRXUSDT chart on TradingView

The moving averages reflect a healthy structure, with the 50-day positioned above the 100-day and 200-day, signaling that the broader trend remains intact. TRX’s ability to hold above these moving averages highlights the resilience of buyers, even as the broader market faces heightened volatility. If momentum strengthens, a breakout above $0.36 could open the door toward retesting higher levels around $0.40.

However, risks remain if TRX loses its $0.33–$0.32 support zone, which could trigger a deeper correction back toward the $0.29 demand level. With TRON recently making headlines for its adoption by the US Department of Commerce, fundamentals continue to support long-term growth. For now, the market is watching closely as TRX consolidates, with the next move likely to define its direction in September.

Featured image from Dall-E, chart from TradingView

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September 3, 2025 0 comments

Utila founders Sam Eiderman, CTO, and Bentzi Rabi, CEO (Utila)

GameFi Guides

Silent Data Becomes First Privacy-Focused Layer 2 to Join Ethereum’s Superchain

by admin September 3, 2025

Silent Data, a new Ethereum Layer 2 network developed by Applied Blockchain, has become the first privacy-focused chain to join the Superchain, the company said in a Wednesday press release.

Built on the OP Stack, the London-based project is designed to let organizations run blockchain applications without exposing sensitive information, combining what it calls “programmable privacy” with scalability, performance, and regulatory alignment.

The OP Stack is the open-source development stack that powers the Optimism blockchain.

“Leveraging the OP Stack allows us to integrate into a robust and widely adopted Layer 2 ecosystem,” Applied Blockchain founder and CEO Adi Ben-Ari, said in the statement.

A layer 1 network is the base layer, or the underlying infrastructure of a blockchain. Layer 2 refers to a set of off-chain systems or separate blockchains built on top of layer 1s.

The Superchain, an ecosystem of more than 30 Layer 2 networks, includes Coinbase’s Base, OP Mainnet, Kraken’s Ink, Sony’s Soneium, Uniswap’s Unichain, and World Chain.

Silent Data is the first to introduce a privacy wrapper, enabling sensitive workloads to be executed on-chain without losing transparency or composability.

The project recently launched with a library of privacy-enabled applications and is already being tested across several industries.

Companies exploring its use include Tokeny, an Apex Group company, and Archax in real-world asset tokenization; Shell in energy trading; and CRYOPDP, a subsidiary of DHL Health Logistics, in healthcare and supply chain management.

Its stack can also be adopted by other Superchain layer 2s or projects looking to deploy their own rollups, signaling a wider move to bring enterprise-ready privacy into blockchain infrastructure, the firm said.

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September 3, 2025 0 comments

Crypto Trends

BTC Treads Water, Gold Extends Gain as U.S. Jobs Data Looms: Crypto Daybook Americas

by admin September 3, 2025

By Francisco Rodrigues (All times ET unless indicated otherwise)

Bitcoin BTC$111,487.44 rose just 0.6% in the last 24 hours, while the wider market as measured by the CoinDesk 20 (CD20) Index added 0.4%. The gain is overshadowed by gold’s increase and a major government bond sell-off.

The precious metal broke through $3,500 per ounce for the first time on Wednesday, helping the tokenized gold market to top $2.5 billion in value as growing bets see the Federal Reserve cutting rates this month. Gold’s advance comes as investors are wary of swelling government debt, prompting a sell-off in long-dated government bonds.

The yield on Japan’s 30-year government bond rose to a record 3.28% following similar moves in the U.S. and U.K. The U.S. 30-year Treasury yield neared 5%, while British gilts reached levels not seen since 1998, at 5.7%.

The turmoil hasn’t added fuel to the crypto market, whose price action remains muted. Deribit’s bitcoin volatility index (DVOL) is now at 38.1, its lowest level since late 2023, while capital is seemingly rotating into ether (ETH).

While spot bitcoin ETFs saw $751 million in net outflows last month, spot ether ETFs brought in a net $3.87 billion. That rotation is also being seen on-chain.

Meanwhile, a joint statement from the SEC and CFTC clarified rules for compliant spot crypto trading in the agencies’ latest effort to clear a way forward for crypto in the U.S.

The statement failed to jolt the crypto market, seemingly as investors await Friday’s U.S. jobs report. A soft reading could nudge the Federal Reserve closer to lowering rates, which would boost the market and other risk assets.

A hotter-than-expected figure, however, could damp sentiment. September has historically been a negative month for the sector, with bitcoin recording a drop of 3.29% on average for the month according to CoinGlass data. Stay alert!

What to Watch

Crypto
- Sept. 3: First day of regular-hours trading on Nasdaq for American Bitcoin (ABTC). The company, backed by Eric Trump and Donald Trump Jr., was formed through a reverse merger with Gryphon Digital Mining and listed after market close on Sept. 2.
- Sept. 3, 10:15 a.m.: Tellor (TRB), a decentralized oracle network that operates as an Ethereum layer-2 blockchain, will upgrade its mainnet to version 5.1.1. The upgrade improves network performance and node operation.
- Sept. 4: Polygon will switch its mainnet token to POL from MATIC. Holders of MATIC on Ethereum, Polygon zkEVM or centralized exchanges may need to take action.
- Sept. 10, 9:15 a.m.: Comptroller of the Currency Jonathan V. Gould will talk about digital assets at the CoinDesk: Policy & Regulation Conference in Washington.
Macro
- Sept. 3, 8 a.m.: Brazil’s Institute of Geography and Statistics (IBGE) releases July industrial production data.
  - Industrial Production MoM Est. -0.3% vs. Prev. 0.1%
  - Industrial Production YoY Est. 0.2% vs. Prev. -1.3%
- Sept. 3, 9 a.m.: S&P Global releases August Brazil data on manufacturing and services activity.
  - Composite PMI Prev. 46.6
  - Services PMI Prev. 46.3
- Sept. 3, 10 a.m.: The U.S. Bureau of Labor Statistics releases July labor market data (the JOLTS report).
  - Job Openings Est. 7.4M vs. Prev. 7.437M
  - Job Quits Prev. 3.142M
- Sept. 4, 8:15 a.m.: Automatic Data Processing (ADP) releases August U.S. private-sector employment data.
  - Employment Change Est. 68K vs. Prev. 104K
- Sept. 4, 9:30 a.m.: S&P Global releases August Canada data on manufacturing and services activity.
  - Composite PMI Prev. 48.7
  - Services PMI Prev. 49.3
- Sept. 4, 9:45 a.m.: S&P Global releases (final) August U.S. data on manufacturing and services activity.
  - Composite PMI Est. 55.4 vs. Prev. 55.1
  - Services PMI Est. 55.4 vs. Prev. 55.7
- Sept. 4, 10 a.m.: The Institute for Supply Management (ISM) releases August U.S. services sector data.
  - Services PMI Est. Est. 51 vs. Prev. 50.1
- Sept. 4, 1 p.m.: Uruguay’s National Institute of Statistics releases August inflation data.
  - Inflation Rate YoY Prev. 4.53%
- Sept. 4, 3 p.m.: Colombia’s National Administrative Department of Statistics (DANE) releases August producer price inflation data.
Earnings (Estimates based on FactSet data)
- Sept. 9: GameStop (GME), post-market

Token Events

Governance votes & calls
- Arbitrum DAO is voting on upgrading Arbitrum One and Nova to ArbOS 50 Dia, adding support for Ethereum’s Fusaka fork, new EIPs, bug fixes and a native mint/burn feature (for Orbit chains only). Voting ends Sept. 4.
- Uniswap DAO is voting on deploying Uniswap v3 on Ronin with $1M in RON and $500K in UNI incentives to make it the chain’s primary decentralized exchange. Voting ends Sept. 6.
- Lido DAO is voting on a proposal to migrate Nethermind’s ~7,000 Ethereum validators to infrastructure operated by Twinstake, a staking provider co-founded by Nethermind. Voting ends Sept. 8.
- Sept. 2, 6 a.m.: Bybit and Centrifuge to host an ask me anything (AMA) session on X spaces.
- Sept. 3: Stellar XLM$0.3649 to host vote on Protocol 23 mainnet upgrade.
- Sept. 3, 10 am: Lido to host a Poolside Community Call.
- Sept. 3, 10 a.m.: Zebec Network ZBCN$0.004202 to host spaces event on blockchain integrations.
- Sept. 3, 12:30 p.m.: Aptos APT$4.3209 to host hangout on ecosystem updates.
- Sept. 4, 10 a.m.: OlympusOHM$131.29 to host community call.
Unlocks
- Sept. 5: Immutable (IMX) to unlock 1.27% of its circulating supply worth $13.26 million.
- Sept. 11: Aptos APT$4.3209 to unlock 2.2% of its circulating supply worth $48.18 million.
- Sept. 15: Starknet (STRK) to unlock 5.98% of its circulating supply worth $16.39 million.
- Sept. 15: Sei SEI$0.2886 to unlock 1.18% of its circulating supply worth $16 million.
- Sept. 16: Arbitrum ARB$0.5017 to unlock 2.03% of its circulating supply worth $47.15 million.
Token Launches
- Sept. 3: Moonchain (MCH) to be listed on Binance Alpha, MEXC, Gate.io and others.

Conferences

The CoinDesk Policy & Regulation Conference (formerly known as State of Crypto) is a one-day boutique event held in Washington on Sept. 10 that allows general counsels, compliance officers and regulatory executives to meet with public officials responsible for crypto legislation and regulatory oversight. Space is limited. Use code CDB15 for 15% off your registration.

Token Talk

By Oliver Knight

Bitcoin BTC$111,487.44 dominance, a key metric when assessing whether the crypto market is in “altcoin season” has ticked down another notch to around 58%, having been above 61% just 30 days ago.
The drop-off demonstrates a change in trader behavior: Typically altcoins perform poorly when BTC enters a downtrend, this time, however, many have held their value while some have outperformed the market’s largest asset.
Bitcoin is down by 2.91% in the past 30 days while the likes of ether (ETH) and solana SOL$210.66 are up by 21% and 27.5%, respectively.
While the gains have been driven by the adoption of several altcoins in corporate treasuries, they can also be attributed to a recalibration of the entire market.
During BTC’s rise to a $124,000 record high last month, the narrative was solely focused on bitcoin and it’s perceived correlation with the well-performing tech sector in equities.
It’s worth noting that in previous cycles bitcoin dominance slumped all the way down to 39%, indicating that the altcoin resurgence still has some way to go.
However, as liquidity flowed into BTC, several altcoins fell to record lows against bitcoin, leading to a number being “oversold” on technical indicators like relative strength index (RSI).

Derivatives Positioning

The total open interest across all perpetual instruments increased overnight to $114 billion, data from Laevitas show.
A liquidations heatmap for the BTC-USDT pair on Binance shows that bitcoin is trading between two significant liquidation clusters. Above the current price, a $90 million cluster of liquidations sits around the $112,200 mark. To the downside, the largest cluster is valued at $76.6 million, located around $110,000.
According to Deribit options data, the 24-hour BTC put-call volume is 26.4K contracts, with calls accounting for 51.6% of the total. The contract with the highest volume is the $108K strike price put expiring Sept. 26.
That’s followed by the call at a strike price of $114K expiring on the same day.
The funding rate heatmap on Coinglass remains positive for most assets, indicating a general bullish sentiment. The one exception is TRX, which has a negative funding rate, reflecting a -10.2% APR.

Market Movements

BTC is down 0.1% from 4 p.m. ET Tuesday at $111,323.58 (24hrs: +0.92%)
ETH is up 0.82% at $4,348.94 (24hrs: -0.89%)
CoinDesk 20 is up 0.59% at 4,046.65(24hrs: +1.01%)
It’s worth noting that in previous cycles bitcoin dominance slumped all the way down to 39%, indicating that the altcoin resurgence still has some way to go.

Derivatives Positioning

DXY is down 0.15% at 98.25
Gold futures are up 0.36% at $3,605.20
Silver futures are unchanged at $41.62
Nikkei 225 closed down 0.88% at 41,938.89
Hang Seng closed down 0.6% at 25,343.43
FTSE is up 0.43% at 9,155.78
Euro Stoxx 50 is up 0.84% at 5,335.46
DJIA closed on Tuesday down 0.55% at 45,295.81
S&P 500 closed down 0.69% at 6,415.54
Nasdaq Composite closed down 0.82% at 21,279.63
S&P/TSX Composite closed up 0.18% at 28,615.62
S&P 40 Latin America closed down 0.32% at 2,760.02
U.S. 10-Year Treasury rate is up 0.2 bps at 4.279%
E-mini S&P 500 futures are up 0.46% at 6,454.75
E-mini Nasdaq-100 futures are up 0.68% at 23,433.75
E-mini Dow Jones Industrial Average Index are unchanged at 45,352.00

Bitcoin Stats

BTC Dominance: 58.59% (+0.04%)
Ether-bitcoin ratio: 0.0389 (0.01%)
Hashrate (seven-day moving average): 1,001 EH/s
Hashprice (spot): $54.39
Total fees: 4.97 BTC / $548,282
CME Futures Open Interest: 133,410 BTC
BTC priced in gold: 31.4 oz.
BTC vs gold market cap: 8.85%

Technical Analysis

PUMP has been one of the strongest tokens in recent days, backed by strong fundamentals such as its buyback program and the recently announced Project Ascend — a series of updates that focuses on growing the Pump.fun ecosystem and infrastructure.
After breaking the bearish trendline last week, PUMP has reclaimed the 20-day exponential moving average.
Bulls are looking for the token to continue this upward trend and flip the $0.004 level, which has proven to be a tough resistance point over the last month.
A successful breakout above this price would signal strong bullish momentum.

Crypto Equities

Coinbase Global (COIN): closed on Tuesday at $303.56 (-0.32%), +0.74% at $305.80 in pre-market
Circle (CRCL): closed at $120.14 (-8.97%), +2.22% at $122.81
Galaxy Digital (GLXY): closed at $24.16 (+2.85%), +0.99% at $24.40
Bullish (BLSH): closed at $62.03 (+5.08%), -0.55% at $61.69
MARA Holdings (MARA): closed at $16.06 (+0.5%), +0.31% at $16.11
Riot Platforms (RIOT): closed at $14.09 (+2.4%), +0.5% at $14.16
Core Scientific (CORZ): closed at $14 (-2.44%), unchanged in pre-market
CleanSpark (CLSK): closed at $9.64 (+1.8%), +0.1% at $9.65
CoinShares Valkyrie Bitcoin Miners ETF (WGMI): closed at $31.64 (+3.33%), +2.84% at $32.54
Exodus Movement (EXOD): closed at $24.79 (-1.71%), -1.21% at $24.49

Crypto Treasury Companies

Strategy (MSTR): closed at $341.62 (+2.16%), +0.66% at $343.88
Semler Scientific (SMLR): closed at $29.37 (-0.91%)
SharpLink Gaming (SBET): closed at $16.98 (-4.71%), +0.94% at $17.14
Upexi (UPXI): closed at $6.89 (-4.7%), +3.48% at $7.13
Mei Pharma (MEIP): closed at $4.85 (-0.21%), +1.44% at $4.92

ETF Flows

Spot BTC ETFs

Daily net flows: $332.8 million
Cumulative net flows: $54.55 billion
Total BTC holdings ~1.29 million

Spot ETH ETFs

Daily net flows: -$135.3 million
Cumulative net flows: $13.4 billion
Total ETH holdings ~6.56 million

Source: Farside Investors

Chart of the Day

While BTC futures volumes on the CME exchange fell 17% to $148 billion in August, the ETH futures volume surged by 48% to $123 billion, an all-time high.
The trading volume of SOL futures and XRP futures also surged to records, rising 41% and 51% to $8.60 billion and $7.32 billion, respectively.
The figures highlight the heightened institutional interest in altcoins in recent weeks.

While You Were Sleeping

In the Ether

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September 3, 2025 0 comments

GameFi Guides

Ethereum More Driven By Off-Chain Markets Than Bitcoin: Data

by admin September 3, 2025

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Glassnode data could imply Ethereum price dynamics are more influenced by derivatives and other off-chain markets compared to Bitcoin.

CBD Data Shows Divergence In Spot Activity For Bitcoin & Ethereum

In a new post on X, on-chain analytics firm Glassnode has talked about how the Cost Basis Distribution (CBD) has diverged between Bitcoin and Ethereum recently.

The CBD refers to an indicator that tells us about the amount of a given asset that addresses or investors on the network last purchased at each of the price levels visited by the cryptocurrency in its history.

This metric is useful because investors put special emphasis on their break-even level and tend to make some kind of move when a retest of it occurs. The more amount of the asset that the holders purchased at a particular level, the stronger is their reaction to a retest.

Now, first, here is a chart that shows the trend in the CBD for Bitcoin over the last few months:

Looks like BTC is currently retesting a major demand zone | Source: Glassnode on X

As displayed in the above graph, the Bitcoin CBD acquired a large “air gap” when Bitcoin saw its explosive rally back in July. This happened because BTC moved through price levels too fast for buying and selling to occur at them, so very few coins were able to receive a cost basis at them.

As BTC consolidated after the rally cooling off, levels started being filled up with supply. The same has followed during the latest phase of decline and now, the previous air gap has disappeared. This shows that demand for spot trading has maintained for the cryptocurrency.

While Bitcoin has seen this trend, the CBD has behaved differently for the second largest asset in the sector, Ethereum.

How the CBD has changed for ETH over the past few months | Source: Glassnode on X

From the chart, it’s apparent that Ethereum’s rallies have also created air gaps, but unlike Bitcoin, its phases of slowdown haven’t resulted in any levels filling up to a notable degree. “This suggests ETH price dynamics may be more influenced by off-chain markets such as derivatives,” notes Glassnode.

Historically, price action built on products like derivatives has often proven to be more volatile. Given that Ethereum is currently not observing any high levels of spot buying, it only remains to be seen what the fate of its bull run would be.

In some other news, Bitcoin has been trading near an important on-chain cost basis level after the recent price decline, as CryptoQuant author Maartunn has pointed out in an X post.

The trend in the Realized Price of the BTC short-term holders | Source: @JA_Maartun on X

The level in question is the average cost basis of the short-term holders, investors who purchased their Bitcoin within the past 155 days. In the past, losing the level often resulted in short-term shifts to bearish phases.

ETH Price

Ethereum has been on the way down recently with its price falling to $4,270 after a 6% weekly pullback.

The price of the coin appears to have gone down recently | Source: ETHUSDT on TradingView

Featured image from Dall-E, CryptoQuant.com, Glassnode.com, chart from TradingView.com

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September 3, 2025 0 comments

Product Reviews

Disney will pay $10 million to settle FTC complaint that it collected children’s data on YouTube

by admin September 2, 2025

The Federal Trade Commission announced that Disney will pay $10 million to settle allegations that the entertainment giant allowed data collection on YouTube videos meant for children. Under the Children’s Online Privacy Protection Rule, also known as COPPA, companies are required to notify parents and obtain parental consent if they collection information from minors. According to the FTC complaint, Disney failed to properly label some YouTube videos as “Made for Kids,” which allowed the company to collect data and deliver targeted ads to viewers younger than 13.

The proposed order from the FTC would also require Disney to create a review process for determining when and how videos are correctly designated with YouTube’s Made for Kids label. YouTube rolled out the Made for Kids tags following a $170 million settlement in 2019 on charges that the video platform had violated COPPA. Google faced an additional settlement of $30 million last month from a similar class-action lawsuit.

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September 2, 2025 0 comments

Product Reviews

DOGE Put Everyone’s Social Security Data at Risk, Whistleblower Claims

by admin September 2, 2025

As students returned to school this week, WIRED spoke to a self-proclaimed leader of a violent online group known as “Purgatory” about a rash of swattings at universities across the US in recent days. The group claims to have ties to the loose cybercriminal network known as The Com, and the alleged Purgatory leader claimed responsibility for calling in hoax active-shooter alerts.

Researchers from multiple organizations warned this week that cybercriminals are increasingly using generative AI tools to fuel ransomware attacks, including real situations where cybercriminals without technical expertise are using AI to develop the malware. And a popular, yet enigmatic, shortwave Russian radio station known as UVB-76 seems to have turned into a tool for Kremlin propaganda after decades of mystery and intrigue.

But wait, there’s more! Each week, we round up the security and privacy news we didn’t cover in depth ourselves. Click the headlines to read the full stories. And stay safe out there.

Since it was first created, critics have warned that the young and inexperienced engineers in Elon Musk’s so-called Department of Government Efficiency (DOGE) were trampling over security and privacy rules in their seemingly reckless handling of US government data. Now a whistleblower claims that DOGE staff put one massive dataset at risk of hacking or leaking: a database containing troves of personal data about US residents, including virtually every American’s Social Security number.

The complaint from Social Security Administration chief data officer Charles Borges, filed with the Office of the Special Counsel and reviewed by The New York Times, states that DOGE affiliates explicitly overruled security and privacy concerns to upload the SSA database to a cloud server that lacked sufficient security monitoring, “potentially violating multiple federal statutes” in its allegedly reckless handling of the data. Internal DOGE and SSA communications reviewed by the Times shows officials waving off concerns about the data’s lack of sanitization or anonymization before it was uploaded to the server, despite concerns from SSA officials about the lack of security of that data transfer.

Borges didn’t allege that the data was actually breached or leaked, but Borges emphasized the vulnerability of the data and the immense cost if it were compromised. “Should bad actors gain access to this cloud environment, Americans may be susceptible to widespread identity theft, may lose vital health care and food benefits, and the government may be responsible for reissuing every American a new Social Security number at great cost,” Borges wrote.

Nearly 10 months have passed since the revelation that China’s cyberespionage group known as Salt Typhoon had penetrated US telecoms, spying on Americans’ calls and texts. Now the FBI is warning that the net cast by those hackers may have been far broader than even previously thought, encompassing potential victims in 80 countries. The bureau’s top cyber official, Brett Leatherman, told The Wall Street Journal and The Washington Post that the hackers had shown interest in at least 600 companies, which the FBI notified, though it’s not clear how many of those possible targets the hackers breached or what level of access they achieved. “That global indiscriminate targeting really is something that is outside the norms of cyberspace operations,” Leatherman told the Journal. The FBI says that Salt Typhoon’s telecom hacking alone resulted in the spies gaining access to at least a million call records and targeted the calls and texts of more than a hundred Americans.

Days after Donald Trump’s Alaska summit with Vladimir Putin, the White House moved to gut its own intelligence ranks. A senior CIA Russia analyst—29 years in service and slated for a coveted overseas post—was abruptly stripped of her clearance, The Washington Post reported. She was one of 37 officials forced out under an August 19 memo from Director of National Intelligence Tulsi Gabbard. The order listed no infractions. To colleagues, it looked like a loyalty purge. The firings have reportedly unsettled the CIA’s rank and file, sending a message that survival depends on hewing intelligence to fit the president’s views.

On Monday, Gabbard unveiled what she calls “ODNI 2.0,” a restructuring that cuts more than 500 positions and shutters or folds whole offices she deems redundant. The Foreign Malign Influence Center and the Cyber Threat Intelligence Integration Center are being pared back, while the National Intelligence University will be absorbed into the Pentagon’s defense school. Gabbard says the plan will save $700 million a year and depoliticize intelligence. Critics noted, however, a fact sheet published by Gabbard on Monday itemized only a fraction of those savings, and tjeu warned that the overhaul could hollow out the very coordination ODNI was created post-9/11 to provide—discarding expertise and leaving the intelligence fragmented at a time of escalating threats.

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September 2, 2025 0 comments

Crypto Trends

BNB Slips Below $860 as Resistance Holds and Traders Brace for U.S. Jobs Data

by admin September 1, 2025

The price of BNB saw sharp intraday swings over the past 24-hour period as it continued to drop from an all-time high of $900 seen late last month.

Over a 24-hour window, the asset traded between $849.88 and $868.76, a 2% move that began with bullish momentum but ended with signs of fatigue near resistance.

The volatility follows filings with the U.S. Securities and Exchange Commission by REX Shares late last month, along with the rise of BNB-focused treasury firms. The latest, B Strategy, aims to hold up to $1 billion worth of BNB with backing from the investment firm led by Binance co-founders Changpeng Zhao and Yi He.

While BNB failed to hold on to its gains from earlier, underlying network activity surged. Daily active wallet addresses on BNB Chain more than doubled, climbing to near 2.5 million according to DeFiLlama data.

Yet, transaction volumes have been dropping steadily since late June, data from the same source shows. BNB’s price drop also comes ahead of key economic data from the U.S. this week, including surveys of manufacturing and services and August payroll figures.

Jobs data could influence the odds of the Federal Reserve cutting interest rates this month. As it stands, the CME’s FedWatch tool weighs a near 90% chance of a 25 bps cut, while Polymarket traders put the odds at 82%.

Technical Analysis Overview

BNB entered the session with a surge from $860.30 to $868.08, but the rally quickly lost steam. Heavy selling pressure emerged around the $867–$868 level, a zone that has now established itself as a key resistance ceiling, according to CoinDesk Research’s technical analysis model.

Volume surged during this attempt, peaking at 72,000 tokens, well above the average of 54,000, indicating a high level of participation during the failed breakout.

After the rejection, BNB retraced toward the $850–$855 range, where buying interest emerged. This was most visible as the token dipped to $851.40, triggering a volume spike. This response pointed to solid demand at these lower levels.

Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.

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September 1, 2025 0 comments

Product Reviews

Google Investors Surprisingly Chill About Major Data Breach

by admin August 31, 2025

The stock of Google’s parent company ended Friday’s trading session relatively unchanged, as investors digested news of a major data leak and broader market developments.

Alphabet Inc. (GOOG)’s shares closed at $213.53, up slightly from the day’s prior end price, despite Google‘s global security alert advising its 2.5 billion Gmail users to update their information following a data breach involving one of its Salesforce databases.

The company immediately issued a network-wide alert telling users to change their password immediately.

Despite all that, investors in Google had either not fully digested the news during Friday trade, or were watching see what fallout might continue over the weekend, before pricing in any hit to the company’s value.

So what was affected in the breach?

Though consumer Gmail and Cloud accounts were not directly compromised, the incident has triggered an aggressive wave of phishing and impersonation attacks targeting users across the platform.

The leak, which exposed hundreds of thousands of sensitive documents and personal data, has underscored growing concerns about cybersecurity risks facing major tech firms.

Still, despite major data breaches at all the tech giants, seemingly in an endless game of round robin, investors continue to believe the potential of these companies outweighs most security concerns.

Alphabet said in a statement it is investigating the breach and implementing additional security measures, but the incident has added to scrutiny of data management practices across the industry.

“The safety and privacy of user data are paramount,” it read. “We are working diligently to address these issues and prevent future incidents.”

Cybersecurity concerns ramp up

Meanwhile, investors are still nervously cautious about signs of economic slowdown and Federal Reserve signals hinting at future interest rate cuts.

Despite the turbulence, Alphabet’s stock maintained its position, reflecting investors’ ongoing confidence in the company’s core advertising and cloud businesses. But questions about data security continue to cloud its outlook.

As the debate over digital privacy and cybersecurity intensifies, Alphabet’s response and its ability to restore trust will be closely watched by shareholders and regulators alike. Google sought this week to reassure consumers and investors.

The breach exposed thousands of sensitive records, including personal details, corporate documents, and government information.

The leaked data spread across multiple sources and was easily accessible via search engines. It includes confidential information such as legal files, financial records, and private communications.

Company data policies under new scrutiny

Experts warn that such exposure not only jeopardizes individual privacy but also heightens the risk of corporate espionage, identity theft, and national security threats.

In its statement, Google emphasized that it is actively investigating the incident and has deployed additional security measures to identify and mitigate the breach’s impact.

Cybersecurity analysts warn that the proliferation of data leaks reflects broader systemic issues in how companies handle sensitive information, as the industry remains largely unregulated and prone to cyberattacks. The incident serves as a stark reminder of the urgent need for stronger data protection standards and increased transparency around data management practices.

As consumers and businesses grapple with the potential fallout, authorities worldwide are calling for stricter oversight of data security protocols to mitigate the risks posed by such breaches in an increasingly interconnected world.

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August 31, 2025 0 comments

NFT Gaming

US Commerce Dept. Puts GDP Data on Bitcoin, Ethereum and Solana Blockchains

by admin August 31, 2025

The Department of Commerce announced Thursday it has begun uploading its GDP data onto nine blockchain networks, and will also enter partnerships with decentralized oracle networks Chainlink and Pyth to integrate U.S. macroeconomic data within the decentralized finance (DeFi) ecosystem and the broader crypto economy.

The department’s GDP data release for Q2 2025 has already been uploaded to Bitcoin, Ethereum, Solana, and six other blockchains: Tron, Avalanche, Stellar, and Ethereum layer-2 networks Polygon, Arbitrum, and Optimism. They were aided in that effort by crypto exchanges Coinbase, Gemini, and Kraken, the department announced.

Chainlink confirmed to Decrypt that the company was not involved in the effort to upload the GDP data directly onto those networks.

Going forward, the partnerships with Chainlink and Pyth will enable the dissemination of verified U.S. government data—including GDP statistics, the inflation-tracking Personal Consumption Expenditures (PCE) Price Index, and Real Final Sales to Private Domestic Purchasers, a key measure of economic demand—across the DeFi ecosystem.

The initiative marks the first time that a federal government agency has ever published economic data on-chain. Commerce Secretary Howard Lutnick—whose Wall Street firm, Cantor Fitzgerald, is deeply involved in the crypto economy—teased the move at a White House cabinet meeting earlier this week.

What is the purpose of such an integration? Answers vary. Pyth, in announcing the partnership with the U.S. government, hailed it as a step towards “increas[ing] confidence in public information systems” through data transparency.

Chainlink more specifically celebrated the ways in which U.S. government data will now be able to be used to fuel and support DeFi activity. The company said Thursday the verified data will soon support related prediction markets, encourage the development of new types of crypto assets, and increase the adaptability of tokenized assets, among other use cases.

The Department of Commerce did not immediately respond when asked by Decrypt what tangible benefits its new on-chain initiative will offer the federal government, versus other means of data publication.

“It’s only fitting that the Commerce Department and President Donald Trump, the ‘crypto-president,’ publicly release economic statistical data on the blockchain,” Commerce Secretary Lutnick said today in a statement. “We are making America’s economic truth immutable and globally accessible like never before, cementing our role as the blockchain capital of the world.”

The companies involved in today’s announcement have already benefited mightily from it. Pyth’s native token, PYTH, exploded by some 69% in value within minutes of the news breaking—a gain worth nearly $1 billion, in terms of the token’s fully diluted valuation.

Chainlink (LINK) popped a more modest 7.6% to $25.82, before settling back down to $24.76 at writing. The price gain was still, given LINK’s value, worth over $1.8 billion. The token notably, however, has surged over 40% in the last month—a pump worth over $7 billion.

Chainlink co-founder Sergey Nazarov has been a vocal supporter of the Trump administration’s crypto embrace this year, and attended both a White House crypto summit in March as well as President Donald Trump’s signing of the stablecoin-focused GENIUS Act there last month.

“I just want to express my deep gratitude,” Nazarov told Trump at the crypto summit, “for the seriousness with which you are approaching our industry.”

Editor’s note: This story was updated with additional details after publication.

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August 31, 2025 0 comments

NFT Gaming

Chainlink, US DOC Join To Bring Macroeconomic Data On-Chain

by admin August 29, 2025

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Chainlink and the US Department of Commerce (DOC) announced their collaboration to deliver key government macroeconomic data on-chain, aiming to improve transparency and unlock new use cases for blockchain markets.

Chainlink Brings Economic Data On-Chain

On Thursday, the US Department of Commerce and decentralized oracle provider Chainlink unveiled that they had partnered to bring crucial macroeconomic data on-chain from the Bureau of Economic Analysis (BEA).

The new Chainlink Data Feeds aim to deliver critical information around key US economic data points, including Real Gross Domestic Product (GDP), Personal Consumption Expenditures (PCE) Price Index, and Real Final Sales to Private Domestic Purchasers.

Data on the level and percentage change of Real GDP, PCE Price Index, and Real Final Sales to Private Domestic Purchasers are now available on-chain for consumption. This data will be updated monthly or quarterly as applicable.

Additionally, the data will be available across ten blockchain ecosystems initially, including Arbitrum, Avalanche, Base, Botanix, Ethereum, Linea, Mantle, Optimism, Sonic, and ZKsync.

The announcement highlighted that bringing the US government data on-chain “unlocks innovative use cases for blockchain markets,” like automated trading strategies, increased composability of tokenized assets, the issuance of new types of digital assets, real-time prediction markets for crowdsourced intelligence, transparent dashboards powered by immutable data, and DeFi protocol risk management based on macroeconomic factors.

“As the industry-standard oracle platform, Chainlink supports one of the largest ecosystems in Web3, leveraging secure data oracles to build advanced onchain applications—making this work a natural step forward in expanding the scope of trusted data available onchain,” Chainlink wrote.

Earlier this week, US Secretary of Commerce Howard Lutnick revealed that the DOC “is going to start issuing its statistics on the blockchain,” adding that the goal is to create a more open and accessible framework for global markets.

Lutnick shared his plan to bring Gross Domestic Product (GDP) on-chain for enhanced transparency and data distribution across US government departments. He also highlighted that the initiative aligned with President Trump’s vision to make America the “crypto capital of the world.”

Institutional Adoption Of Blockchain Technology

This development follows the recent push to integrate blockchain technology into federal institutions. As reported by Bitcoinist, the US House of Representatives passed a bill in June to establish a Blockchain Deployment Program, aiming to develop best practices and explore the adoption of blockchain in multiple areas.

Introduced in February by Republican Representative Kat Cammack, HR 1664, also known as the Deploying American Blockchains Act of 2025, directs the US Secretary of Commerce to lead the national efforts, requiring him to serve as the President’s principal advisor for the deployment, use, application, and competitiveness of blockchain and other DLT, and take the actions necessary to support the US leadership in this sector.

The bill, co-sponsored by Democratic Representative Darren Soto, establishes that the Secretary of Commerce must encourage and improve coordination among Federal agencies for the deployment of these technologies to offer federal support.

It’s worth noting that Chainlink Labs has also met with several key US government officials and regulators to provide policy recommendations aimed at accelerating the growth of the blockchain industry.

Notably, their team had several meetings with the Securities and Exchange Commission’s (SEC) staff to address core issues on broker-dealer and transfer agency compliance using public blockchain infrastructure.

Moreover, Chainlink’s founder, Sergey Nazarov, recently met with Tim Scott, the chairman of the Senate Banking Committee, to discuss the highly anticipated market structure bill and how it could enable the rapid growth of the blockchain industry in the US.

Chianlink’s performance in the one-week chart. Source: LINKUSDT on TradingView

Featured Image from Unsplash.com, Chart from TradingView.com

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August 29, 2025 0 comments