A long-running campaign to amass more than half of Monero’s hashrate appears to have succeeded, prompting concern among crypto observers about the privacy-focused blockchain. Qubic founder Sergey Ivancheglo claimed his project’s mining pool has “achieved 51% over Monero”, a level that would theoretically let it reorganize blocks, censor transactions, or attempt double-spends on the privacy […]
Perpetual trading DEX Extended has gone live on Starknet, offering more than 50 pairs and up to 100x leverage.
The Argentinian developer said he was detained due to his alleged connection with a privacy protocol, which he did not name.
Open interest in CME ETH futures also experienced a 75% increase, from $2.97 billion in June to a record $5.21 billion in July.
The price of Ethereum's native asset ether recently eclipsed $4,000 level for the first time in eight months.
Coinbase Ventures has purchased TON tokens “directly from Telegram,” TON Foundation president Manuel Stotz told The Block.
Heritage Distilling is set to launch an IP token treasury strategy worth about $340 million, backed by a16z crypto and other investors.
Coinbase's supported tokens, staking, and Base chain revenue place it in pole position to leverage surging trading volume, the analysts said.
Rumble announced its intent to acquire Northern Data in an all-stock transaction, with the deal valued at approximately $1.17 billion.
CEA Industries announced that it bought 200,000 BNB for $160 million via its subsidiary BNB Network Company.
'Fede's intern' said on X that he was held in custody in Turkey on allegations of helping people misuse Ethereum.
Terawulf saw its net losses expand to over $79 million in the first six months of the year, according to its latest financial report.
The move comes amid rapid accumulation by Ethereum treasury companies and increasing ETF inflows in recent weeks.
EF's Stanczak warns that Ethereum's Fusaka’s Q4 timeline is at risk, urging developers to pause Glamsterdam planning and prioritize the latest upgrade.
Earlier this week, a New York jury found Storm guilty of operating an unlicensed money transmission business, a verdict he is preparing to appeal.
CleanSpark said its Q3 revenue jumped 91% year-over-year to $198.6 million while net income reached $257.4 million.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Cipher notched a Q2 net loss of $46 million as it continues to invest in its HPC infrastructure, while Hut 8 saw net income of $137.5 million.
Over 100 investors backed Euphoria’s funding round, including VCs like Karatage, Figment Capital, and Robot Ventures.
The firm previously filed for a $6 billion shelf registration, allowing it to issue equity and debt to fund its ETH strategy.
Investors include Castle Island Ventures, Ledger Cathay Fund, RockawayX, Asymmetric, UTXO Management, Anchorage, and Amber Group.
Analysts pointed to the surging interest in DeFi and stablecoins alongside the growing trend of firms adopting the ETH treasury strategy.
Iren produced 728 BTC in July compared to MARA’s 703 BTC, as it surpassed the mega miner in both production and fleet utilization.
The latest integration allows MetaMask users to access Sei-based applications, tokens, NFTs, and other assets directly from the wallet.
"The NAV multiples (market cap divided by value of ETH held) have now also started to normalize for the ETH treasury companies," said Geoffrey Kendrick.
Ethereum, DeFi protocols, and platforms like Coinbase and Robinhood stand to benefit most from the policy shift, in Matt Hougan's view.
The platform's resurgence can be attributed to the renewed momentum of its native token, PUMP, one analyst said.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The company will change its ticker from VAPE to BNC and operate its BNB treasury strategy under the name BNB Network Company.
Succinct Prover Network is a decentralized ZK proof marketplace on Ethereum, with the PROVE token used for payments and network security.