Home BTC Hovers Around $113K, ETH Stays Below $4600

BTC Hovers Around $113K, ETH Stays Below $4600

By Kapil RajyaguruAugust 29, 2025, 11:21 AM1 Mins read421 Views

Bitplanet Launches Korea’s First Bitcoin Treasury With $40M Allocation

South Korea’s Bitplanet is set to create the country’s first institutional-grade Bitcoin treasury with a $40 million allocation.

Announced at Bitcoin Asia 2025 by Paul Lee of Lobo Ventures, the initiative aims to build a custody and asset management platform positioned for global scale.

Lee highlighted that the treasury move was executed without debt, giving Bitplanet flexibility to grow.

Backed by Asia Strategy Partners, the rebranded SGA will strengthen its BTC-focused corporate treasury model, setting a roadmap for blockchain adoption and future financial innovation.

Ripple’s RLUSD Joins Aave’s Horizon RWA Market

Ripple has expanded RLUSD adoption by integrating it into Aave’s Horizon Real World Asset market on Ethereum.

The move allows RLUSD to be used as collateral while enabling liquidity providers to earn yield. Ripple said RLUSD is central to this institutional-grade platform, highlighting its role in tokenized finance.

With the inclusion, RLUSD joins stablecoins like USDC and GHO, offering firms seamless transfers that meet onchain regulatory standards. The integration strengthens Ripple’s DeFi ambitions while connecting traditional finance with open decentralized markets.

Tron’s Fee-cut Proposal Gains Approval Momentum

A new Tron Improvement Proposal to cut network fees is gaining momentum as the Friday vote nears.

The proposal suggests halving the energy unit price from 210 sun to 100 sun, lowering transaction costs.

Supporters say this could expand accessibility by 45% and boost adoption for stablecoin transfers and smart contracts.

Previous fee cuts in 2024 drove growth, and advocates expect similar results. However, critics warn the change could shift the network from a net burn of TRX to inflation unless activity offsets reduced costs.

MANTRA Launches $25M OM Buyback, Total Commitments Hit $45M

MANTRA has launched a $25 million OM token buyback, marking the first tranche of a $45 million program.

The buyback, executed via MANTRA AG, follows a $20 million investment from Inveniam. CEO John Patrick Mullin said the move shows confidence from partners and boosts OM’s long-term value.

The repurchased tokens will be staked on MANTRA’s mainnet, representing nearly 10% of supply. With OM migrating from Ethereum’s ERC-20 to its own chain, holders are urged to switch before the January 2026 deadline.

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Written by

Kapil Rajyaguru -

Kapil Rajyaguru is a news editor at 3.0 TV with over 15 years of professional writing experience and more than four years dedicated to the cryptoverse.

An engineer by education and a writer by passion, Kapil brings a rare mix of technical insight and storytelling finesse. A firm believer that cryptocurrencies, blockchain and AI are the building blocks of the future, he crafts in-depth news and analysis to educate, empower and prepare the masses for the next frontier of Web3.