PANews

The Canadian prime minister announced reciprocal retaliation against Trump’s new tariffs, raising tariffs on U.S. steel and aluminum to 50% and imposing 50% tariffs on U.S.-made furniture, clothing, apparel, video game consoles, smartphones and other goods, covering approximately $20 billion in U.S. imports, or about 6% of Canada’s imports from the U.S. Starting September 8, tariffs of 15%, 25% or 50% will be imposed on approximately 700 products, along with a C$7.5 billion support program to help affected businesses and workers.

Iran and Oman issued a joint statement, saying the two sides held constructive consultations on safe navigation through the Strait of Hormuz and proposed a phased framework: establishing a temporary joint maritime corridor, jointly clearing mines from the strait, and other measures; advancing technical dialogue on a permanent corridor, strait management, and information exchange; emphasizing compliance with international law and respect for the sovereignty of coastal states; and conducting joint dialogue with the Persian Gulf littoral states.

PANews, August 25: Coinglass data shows that cryptocurrency market-wide futures liquidations totaled $584 million over the past 24 hours, including $252 million in long liquidations and $332 million in short liquidations. BTC liquidations totaled approximately $300 million, while ETH liquidations totaled approximately $122 million.

PANews, August 25 — BitMEX co-founder Arthur Hayes posted on social media mentioning FLOP and Flop Labs, stating that FLOP can be used to store AI agent memories in a decentralized, censorship-resistant manner.

Socket discovered a group of malicious extensions targeting Firefox users: 40 of 77 identified extensions were malicious, posing as wallets such as OKX, Rabby Wallet, and TronLink to steal seed phrases, private keys, and clipboard data; the other 37 posed as tools such as password generators, VPNs, and dark mode, but actually ran sports-score applications and stole wallet data. The campaign continued from March 9 to August 3, and some extensions remain online. Anyone who has entered a seed phrase or private key should consider it compromised and migrate their funds.

PANews August 25 news, NVIDIA (NVDA.O): The Jetson Orin Nano 2 modules and kits are expected to launch in the first half of 2027.

World Liberty Financial announced that the USD stablecoin USD1 has been natively issued on Canton Network. Canton Network said the asset provides institutions with a fully reserved dollar settlement asset capable of atomic settlement with on-chain assets under the same privacy and compliance controls. The network is positioned for institutional finance and supports privacy features, and said more related news will be announced this week.

Grove Finance announced a strategic stake in the Centrifuge ecosystem, initially holding 37.8 million CFG, approximately 5.4%; to date, over $1.27 billion in assets have been deployed through Centrifuge. This stake elevates the relationship from a simple protocol integration to strategic collaboration, combining Centrifuge’s tokenization and distribution infrastructure with Grove’s capital allocation capabilities to drive the long-term development of the tokenized asset ecosystem.

CNBC reported that World Liberty Financial CEO Witkoff said USD1’s circulating supply has exceeded $4 billion and its daily trading volume has surpassed $1 billion, with 24-hour trading volume reaching $1.7 billion, indicating that users are actually using USD1, and refuting allegations that funds were funneled to Trump and his family through USD1. He said he has not discussed business with Trump and will not do so in the future. The company has received a conditional license from a U.S. national trust bank, allowing it to bring USD1 issuance and custody in-house.

Fed’s Collins said inflation remains high, while employment and the economy are close to full employment and trend levels. She is monitoring for evidence that inflation is falling to 2%. Taking limited tariffs and the reopening of the Strait of Hormuz into account, inflation is more likely to decline; rising long-term interest rates will suppress demand. There are also risks such as AI-driven inflation and supply shocks. If there is no sustained evidence of a downward trend, interest rates must be raised as soon as possible.

PANews, August 25 — Whale Alert monitoring shows that 152,951,179 USDC was burned from the USDC Treasury on the Solana chain, valued at approximately $152,979,858 according to its statistics.

According to Bloomberg, the Jalapeno AI chip jointly developed by OpenAI and Broadcom outperformed NVIDIA’s GB300 in both power efficiency and response speed during testing. The chip consumes roughly 700 watts and is mainly intended for inference, with plans to deploy it later this year. The tests covered smaller open-source models as well as third-party models from DeepSeek and Moonshot AI, with the Kimi model showing a clear advantage. It has not yet been compared with Vera Rubin. The second-generation chip has entered the later stages, with tape-out expected to be completed within months, while OpenAI still considers NVIDIA an important supplier.

PANews, August 25 — According to The Block, Arcus launched the pToken protocol on Robinhood Chain, enabling shares of perpetual contract accounts with fixed markets and leverage levels to be converted into transferable ERC-20 tokens for use in on-chain protocols such as lending. The initial launch supports BTC, SOL, HYPE, and leveraged exposure to certain stock tokens, while also introducing multi-asset collateral functionality that allows SPY, QQQ, and MAG7 tokens to be used as collateral for perpetual trading.

PANews reported on August 25, citing CoinDesk, that crypto custodian Copper is attracting potential buyers, but the two to three bids currently stand at only around $200 million, significantly below the approximately $500 million valuation Cantor Fitzgerald sought for it in May this year. Copper was once valued at $2.5 billion during the 2021 bull market and currently focuses primarily on its institutional settlement system ClearLoop, which handles more than $50 billion in monthly notional trading volume.

PANews reported on August 25 that Perp DEX Aster launched the TMXUSDT perpetual contract at 20:30 Beijing time on August 25 and initiated a 50k ASTER reward pool. The campaign runs until 22:00 Beijing time on September 1, with rewards distributed based on each participant’s share of trading volume. Each user can receive a maximum of 3% of the reward pool; market makers and activities such as volume inflation and self-trading are not eligible for rewards.

PANews, August 25—Kraken said that some customers were temporarily unable to access their accounts after receiving tiny amounts of cryptocurrency from wallets linked to sanctioned competitor HTX, Bloomberg reported. Kraken called these transfers “dusting attacks,” believing their purpose may have been to trigger the platform’s compliance reviews by spreading sanctioned funds.
Data from Etherscan and Arkham Intelligence showed that from August 17 to 24, the wallet sent nearly 12k small transfers to addresses associated with Kraken, most worth only a few cents or a few dollars. Kraken said it has restored access to the affected customers’ accounts, while continuing to hold the related sanctioned funds as required, and is working with relevant authorities to limit the impact. HTX denied initiating the transfers and said it was investigating, with possible causes including misidentification of the source or malicious activity by a third party.

Entering the second half of 2026, Upbit has significantly accelerated its listing pace, with the rate of new coin launches continuing to rise since June. Against the backdrop of an overall weakening Korean won market, 61 tokens had been listed with Korean won trading pairs by August, while new coins’ share of total market trading volume rose to 27.6% and steadily provided a source of fee revenue. Newly listed coins contributed an average of about 1.2% of trading volume within 30 days of listing, with some projects even reaching 4%–5%. Overall, listings have become a defensive lever for Upbit in the bear market: while maintaining trading volume, they have struggled to ignite sentiment, and their scarcity is gradually being depleted, leaving their long-term competitiveness in question.

PANews reported on August 25 that, according to Bybit market data, U.S. stocks opened with the Dow Jones Industrial Average up 0.30%, the Nasdaq up 0.61%, and the S&P 500 up 0.28%. Crypto-related stocks broadly fell, with COIN (Coinbase) down 1.26% and HOOD (Robinhood) down 0.06% intraday.

PANews August 25 news, Robinhood Crypto officially announced that Morpho (MORPHO) is now listed on Bitstamp by Robinhood and available for trading.

According to Bloomberg, Bitwise Asset Management will launch an automated token portfolio (ATP), allowing qualified investors outside the United States to hold tokenized stock baskets in non-custodial wallets. The product will use Coinbase’s tokenized U.S. stocks and technology provided by Glider, and automatically rebalance according to Bitwise’s weighting. The first offerings will focus on the Magnificent Seven, AI, and robotics. Assets will not be pooled into a fund, and a 0.15% methodology access fee will be charged. The launch is expected within weeks.