Ethereum (ETH) surged past the $4,000 mark on Aug. 8, hitting its highest level this year after a sustained market rally that saw it gain nearly 50% in the past month. Data from CryptoSlate shows the asset peaked at $4,047 during US trading hours. Notably, the last time ETH traded above $4,000 was in December […]
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Nasdaq-listed Verb Technology has raised $558 million in a private placement to establish the first publicly listed company dedicated to holding Toncoin (TON) as a treasury reserve asset. The financing round, which was upsized and oversubscribed, was led by Kingsway Capital and drew participation from over 110 institutional and crypto-native investors. Notable backers include Vy […]
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Coinbase’s Layer 2 network, Base, has announced it will start collecting coined content as part of its push to support creators in a new digital economy. In an Aug. 7 post on X, the Ethereum layer-2 said it will hold these tokens indefinitely, with no plans to trade or sell them. It also stressed that […]
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Ethereum Foundation (EF) Co-Executive Director Tomasz Stańczak has urged developers to redirect their attention toward the upcoming Fusaka upgrade, warning that focus on the later Glamsterdam release could jeopardize near-term progress. In an Aug. 8 update on X, Stańczak said he had advised project coordinators to pause discussions about Glamsterdam. That upgrade is not expected […]
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Ripple and the US Securities and Exchange Commission (SEC) have agreed to formally end their appeals in the high-profile lawsuit that has dragged on for nearly four years. In a joint filing on Aug. 7, both parties confirmed they will withdraw their appeals following a Commission vote. Ripple’s Chief Legal Officer, Stuart Alderoty, said the […]
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Pump.fun announced the launch of Glass Full Foundation that will support projects on the platform by injecting liquidity.
Chainlink has introduced the Chainlink Reserve, a new onchain treasury designed to accumulate its native token LINK using revenue from both enterprise clients and blockchain services. The initiative aims to support the long-term sustainability of the Chainlink Network by converting off-chain and on-chain payments into LINK through its recently expanded Payment Abstraction infrastructure. In its […]
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India’s tax authorities have uncovered nearly 630 crore rupees (approximately $72 million) in undisclosed income from crypto-related transactions, according to an Aug. 5 disclosure by Pankaj Chaudhary, the Minister of State for Finance. The minister, citing figures from the Central Board of Direct Taxes (CBDT), stated that the numbers reflect discrepancies in tax filings tied […]
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Bitcoin is showing signs of short-term consolidation or mild downside risk after reaching an all-time high last month, CryptoQuant said.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Over 100 investors backed Euphoria’s funding round, including VCs like Karatage, Figment Capital, and Robot Ventures.
Institutional adoption of DeFi and tokenization remains limited despite growing infrastructure, according to JPMorgan analysts.
The Chainlink Reserve has begun by accumulating over $1 million worth of LINK as part of this initial launch phase, the project said.
The program aims to reward users holding, trading, and staking USD1 with an airline miles-style incentive model.
Cosmos Health, a Nasdaq-listed healthcare firm, said it has secured up to $300 million in financing to launch an Ethereum treasury strategy.
XRP is gaining renewed traction in Asia, driven by fresh institutional interest and infrastructure developments in South Korea and Japan, two of the region’s key crypto hubs. This resurgence comes as the token’s price has remained relatively bound around the $3 mark over the past month, coinciding with the continued expansion of the XRP Ledger’s […]
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The latest integration allows MetaMask users to access Sei-based applications, tokens, NFTs, and other assets directly from the wallet.
Ethereum is steadily positioning itself as a stronger contender to Bitcoin in the race for dominance as a store of value, according to analysts at VanEck. This shift is driven by the growing adoption of digital asset treasuries (DATs), which increasingly favor Ethereum and Bitcoin among global corporations. ETH treasuries Initially, Bitcoin was the primary choice for digital […]
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The vast majority of trading, $1.94 billion, has taken place on centralized exchanges like Kraken, Bybit, and Gate.
"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.
China’s Ministry of State Security (MSS) has warned that a foreign crypto company is collecting iris scan data under the guise of token distribution, raising serious concerns about personal and national security. In an Aug. 5 statement, the ministry revealed that the firm is gathering iris data from users worldwide and transmitting it to an […]
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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.
Cardano privacy-focused sidechain Midnight Network has opened the Claim Phase of its NIGHT tokens. Dubbed “Glacier Drop,” this phase will distribute NIGHT tokens to eligible wallets across eight blockchain ecosystems, according to an August 5 announcement. The launch follows publication of Midnight’s tokenomics paper earlier this summer, which set out the network’s distribution model and […]
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The total on-chain stablecoin transaction volume surged to a new all-time high of $1.5 trillion in July, marking a significant milestone in the sector. According to Sentora’s (formerly IntoTheBlock) data, this figure represents a sharp increase from the $1.26 trillion processed in June and surpasses the previous high seen in August 2024, when volumes topped […]
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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.
The LTC tokens were purchased at an average price of $107.58 between July 30 and Aug. 4. At current market prices of around $124, the LTC treasury is now valued at about $115 million.
Aave DAO has repurchased 70,000 AAVE tokens, or 0.5% of its total supply, in less than six months of its token buyback initiative. In an Aug. 4 post on X, DeFi analysis platform Token Logic stated that the platform acquired these tokens for $15.7 million at an average purchase price of $223.33 per token. The […]
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