The defunct NFT lending platform Parallel Finance charged users $500 in withdrawal fees for not withdrawing their funds in time.

PANews reported on June 25 that according to BusinessLIVE, the average daily trading volume of US dollar stablecoins has exceeded US$100 billion since June, significantly exceeding the trading volume of

The post CRCL, COIN, MSTR Among Crypto Stock Rally as Powell Signals Possible September Rate Cuts appeared on BitcoinEthereumNews.com. Crypto-linked stocks and digital assets surged on Friday after Federal Reserve Chair Jerome Powell signaled that the central bank could begin cutting interest rates as soon as September. The tone marked a shift after weeks of growing investor doubt that the Fed would act before year-end. Bitcoin BTC$115,831.56 and ether (ETH) both moved higher following Powell’s remarks, as did the S&P 500 and Nasdaq. Shares tied directly to the crypto sector posted some of the sharpest moves of the day. At the time of writing, Circle (CRCL) led the pack with a 7% jump. eToro (ETOR) and Marathon Digital (MARA) each climbed 6%, while Coinbase (COIN) rose 5%. MicroStrategy (MSTR), which holds billions in bitcoin, gained 4%, and Robinhood (HOOD) advanced 3%. The moves underscored how tightly crypto assets and equities remain linked to expectations for U.S. monetary policy. Lower interest rates typically ease financial conditions, encouraging risk-taking and increasing the appeal of speculative assets. U.S. President Donald Trump has repeatedly called on the Fed to ease borrowing costs. Powell, however, emphasized that inflation risks remain and the labor market continues to show signs of strain. Still, he suggested the calculus is evolving. “The balance of risks appears to be shifting,” Powell said, adding that while the jobs picture looks stable on the surface, “it is a curious kind of balance that results from a marked slowing in both the supply of and demand for workers.” That cautious framing helped reassure markets that the Fed is potentially preparing to move to cut rates but not rushing into a decision. Investors had grown less confident about a September cut after a series of firmer-than-expected economic readings. Friday’s comments put the possibility back in play. Read more: Powell Puts September Rate Cut in Play; Bitcoin Pushes Higher Source: https://www.coindesk.com/markets/2025/08/22/circle-coinbase-strategy-among-crypto-stock-rally-as-powell-signals-september-rate-cuts-may-be-on-the-table

ULTILAND, a popular Web3 firm for creative and art-related real-world assets (RWAs), has partnered with SecondLive, a Web3 metaverse platform. The collaboration aims to merge cultural RWAs with the AI-led immersive environments. As ULTILAND asserted in its official announcement on social media, the mutual endeavor highlights a shared vision to combine art, AI, and digital assets in a unified ecosystem. Thus, this development is set to bridge digital and physical culture to unlock new opportunities benefiting creators and communities. We’re thrilled to announce our partnership with @SecondLiveReal — the first AI-powered world modeling platform with 4.7M+ users worldwide.By combining ULTILAND’s cultural RWA ecosystem with SecondLive’s AI-driven immersive spaces, we’re opening new possibilities where art,… pic.twitter.com/aHt4P7Dym6— ULTILAND (@ULTILAND) August 22, 2025 ULTILAND and SecondLive Partner to Drive Cultural and Art-Rich Experiences with RWAs and AI In its partnership with SecondLive, ULTILAND intends to delve into landmark initiatives that merge cultural identity as well as the advanced AI technologies. In this respect, the prominent endeavors take into account co-branded activations, immersive experiences to enhance brand engagement and artistic expression, and interactive showcases. With this, the creators will have the capability to bring real-world cultural assets to the virtual worlds, guaranteeing the authenticity while leading to new waves of creativity. SecondLive has gained considerable traction in virtual environments with its AI-led infrastructure to improve interaction and personalization. Apart from that, ULTILAND focuses on the on-chain tokenization of digital assets, guaranteeing that the respective experiences come along with verifiable ownership. This reportedly paves the way for an exclusive dimension of the wider cultural engagement to transcend physical boundaries. What Does This Partnership Mean for Developers? According to ULTILAND, the collaboration with SecondLive provides developers with new opportunities to bolster innovation in the RWA-backed and AI-driven ecosystem. Additionally, with the delivery of access to cutting-edge world modeling instruments, on-chain integration of assets, and advanced design frameworks, builders can develop richer dApps, cultural showcases, and interactive experiences. Thus, overall, the partnership significantly contributes to the cultural revolution with a blend of creativity, AI, and RWAs.