The latest US inflation numbers are out, and markets are watching closely. Headline inflation stayed steady in July, but core prices, the ones that matter most to the Fed, are climbing. That’s put a September interest rate cut firmly in focus, even as tariff-driven price pressures start to bite. Here’s what you need to know. …
The company already owned about $5 billion worth of the world's second-largest crypto.
The latest U.S. Consumer Price Index (CPI) data shows inflation holding steady at 2.7% in the most recent reading, matching the previous month but coming in just under the 2.8% expected by economists. The flat reading suggests price growth is stabilizing, providing a cautious boost to hopes that inflationary pressures may be easing. While still …
The data was mixed, but nevertheless isn't likely to lessen the case for a September Fed rate cut.
Tech billionaire Elon Musk recently accused Apple of unfair practices on the App Store. OpenAI CEO Sam Altman has now hit back, saying Musk does the same thing on his platform X. Let us find out what is going on in the high-stakes battle between two of tech’s biggest players. The ongoing tech rivalry has …
USDC issuer Circle introduced its layer-1 blockchain, Arc, and said its Q2 revenue and reserve income increased 53% year-over-year.
The Monero blockchain, known for its privacy-focused transactions, is facing one of its biggest challenges yet, a suspected 51% attack on the network. Blockchain security firm SlowMist reported that Qubic, a mining project, has been behind this attack. While the motive behind this attack remains unclear. However, this attack has severely impacted the Monero’s native …
Qubic’s claim of majority control over Monero’s hashrate sparks warnings of a potential 51% attack, reviving fears over one of crypto’s most disruptive network threats.
The privacy-focused Monero blockchain has suffered a 51% attack, meaning the network is not controlled by a single entity. On Aug. 12, Sergey Ivancheglo, known in the crypto community as “Come-from-Beyond” (CFB), claimed on X that Qubic had surpassed 51% of Monero’s network hash rate, saying: “Looks like Qubic has achieved 51% over Monero, we […]
The post Monero hit by critical 51% attack as Qubic gains control of network appeared first on CryptoSlate.
Metaplanet and the UK’s The Smarter Web Company added nearly $100 million in Bitcoin on Tuesday, boosting their positions among the largest public corporate BTC holders.
The MNT price is surging, and this ongoing August has seen 45% so far amid significant developments that include a key partnership, on-chain strength, and Ethereum’s own rally climbing to a new ATH. As a result, the MNT token is now trading above $1 threshold at $1.02 with a market cap of $3.42 billion, with …
SharpLink Gaming is solidifying its position as one of the world’s largest corporate holders of Ethereum, announcing a landmark of $400 million registered direct offering secured through partnerships with five major institutional investors. This move underscores the growing confidence institutional players have in ETH’s long-term potential and its aggressive accumulation strategy. Institutional Backing Pushes SharpLink Toward $3 Billion Milestone SharpLink Gaming has announced a $400 million registered direct offering agreement with five global institutional investors, which includes some of the largest in the world. The agreement marks one of the company’s most significant funding deals to date, bolstering its capital reserves and signaling strong institutional confidence in its growth strategy. Related Reading: Are Ethereum Treasury Companies A Threat To Bitcoin? Michael Saylor Reveals His Stance This capital injection adds to its unused $200 million at-the-market (ATM) facility, giving the company a powerful liquidity arsenal. In addition to these funding streams, SharpLink currently holds approximately 598,800 ETH in its treasury, and the company’s ETH holdings are expected to exceed an estimated $3 billion in value with the latest move. While SharpLink entered an agreement with investors to boost its ETH reserve, BitMine Immersion is also aggressively buying Ethereum. A recent report revealed that the company has become the largest ETH treasury in the world, holding more than 1,000,000 ETH in corporate reserves. The firm’s treasury now sits at a remarkable 1.15 million ETH, valued at approximately $4.96 billion at current market prices. Meanwhile, the scale and speed of this accumulation are unprecedented. In just over a month, the company has expanded its holdings from 163,000 ETH to more than a million, with a bold goal to stake 5% of the entire ETH supply. “In just a week, BitMine increased its ETH holdings by $2.0 billion to $4.96 billion (from 833,137 to 1.15 million tokens), lightning speed in the company’s pursuit of the ‘alchemy of 5%’ of ETH,” Thomas “Tom” Lee of Fundstrat, Chairman of BitMine’s Board of Directors, stated. How Ethereum Delivers Security And Alignment In an X post, BitDigital_BTBT emphasized that the company does not consider Ethereum a hedge, but the foundation of their entire investment strategy. The firm regards ETH as the most productive, secure, and aligned asset in the world, uniquely positioned to drive the future of finance. Related Reading: Ethereum Surpasses MasterCard In Asset Rankings, Bullish Targets Set Beyond its current role, BitDigital_BTBT sees ETH as a critical infrastructure layer that will fundamentally reshape how value is moved and settled in modern financial markets. With its robust technology and growing adoption, ETH holds the transformative power to rewrite the entire financial system, shaping the next generation of global economic interactions. Currently, Bit Digital holds over 120,00 ETH, but this is just the beginning. Specifically, their boldness is fueled by a deep conviction in ETH’s potential to transform the world of finance and beyond. The company believes that no other blockchain and technology platform comes close to matching ETH’s ability to reprogram finance. Featured image from iStock, chart from Tradingview.com
The transaction used the USDC stablecoin and tokenized Treasuries for instant weekend settlement on Digital Asset's privacy-focused blockchain.
Circle's Q2 financials showed $658 million in revenue, but a net loss of $482 million due to non-cash IPO-linked items.
Aave's dominance is particularly notable given its command of approximately 80% of outstanding debt on Ethereum.
The crypto crime-fighting initiative marks a major milestone as it launches a new collaboration program with Binance to boost enforcement.
The end of the almost five-year legal dispute will enable the agency to dedicate more time to developing clear regulatory frameworks, according to SEC Chair Paul Atkins.
SlowMist’s founder confirmed that the Qubic mining pool has successfully carried out a 51% attack on Monero. Qubic now controls most of the network’s hashrate, causing a significant chain reorganization. This control lets Qubic rewrite transaction history, perform double-spend attacks, and block transactions. Ledger’s CTO warned that sustaining this attack could cost around $75 million …
The crypto market has kicked off August on a high note, with many altcoins hitting fresh monthly highs. After weeks of steady gains, attention is turning to which tokens might deliver the biggest return. Therefore, a well-known crypto analyst, AltCryptoTalk, has shared five tokens he believes could shine this week: NEAR, OP, ENA, ZK, and …
Malaysia’s central bank, officially known as Bank Negara Malaysia (BNM), published a working paper that explores the possibility of Bitcoin and XRP serving as future monetary alternatives. Is Malaysia Allowing XRP & Bitcoin As Payment? As the world is currently pushing toward a pro-crypto stance, the Southeast Asian country, Malaysia, also took the initiative to …
Your day-ahead look for Aug. 12, 2025
Pi Network is pushing forward a “planet-friendly” strategy, aligning it with the United Nations’ net-zero and decarbonization targets. Unlike traditional cryptocurrencies that rely on energy-intensive proof of work (POW) algorithms, Pi is designed to consume minimal energy in operation. How Pi Network Aligns with the UN’s Global Warming Approach? The UN’s Paris Agreement centers on …
Ethereum’s price trajectory has taken on a decisively bullish tone with its movement in the past 24 hours. Now, technical patterns are pointing to the possibility of a rally that would not only push it past its current all-time high of $4,878, but also carry it to as high as $8,500. A recent analysis by TradingView analyst melikatrader94 points to the formation of a Right-Angle Broadening Formation (RABF) on the daily candlestick chart, a rare but powerful continuation setup that has been in play since March 2024. The Mechanics Of Ethereum’s Current Bull Run Ethereum’s price action in the past few days has been very notable in terms of bullishness. The leading altcoin is currently up by 20% and 45% in the past 24 hours and seven days, respectively. This powerful upswing has pushed Ethereum to its highest price point since the peaks of the 2021 bull market. Related Reading: Pundit Says Ethereum Price Is Headed For $9,000 After This Broadening Wedge Retest According to the technical analysis in question, which was initially shared by melikatrader94 on the TradingView platform, Ethereum is now playing out the last phase of an RABF pattern that has dragged on for many months. This RABF pattern is characterized by a horizontal resistance zone, now situated between $4,200 and $4,300, and a downward-sloping support trendline, which indicates that buyers are becoming increasingly aggressive with each pullback to reach the resistance again. The last time Ethereum bounced off this support trendline was in early April 2025, when it reached a low of $1,470. Since then, it has increased by about 194% up until the time of writing, where it is now attempting to break above the upper trendline. Price Target And What Needs To Happen According to the measured move principle, the breakout target is derived from the pattern’s vertical height, which is roughly $2,070. Adding this vertical height to the breakout level at $4,300 results in an initial price objective of $6,370. However, a strong bullish momentum beyond that milestone would see Ethereum extend its rally to as high as $8,500. Related Reading: Ethereum Exchange Reserves Just Hit A New 9-Year Low Amid Treasury Accumulations Such an outcome would depend on if Ethereum can make a decisive daily close above $4,300 accompanied by robust trading volume. According to the analyst, this would set off a rapid advance with only a brief consolidation near the $5,100 mark before resuming its upward move. On the other hand, support levels to watch are at $3,700, then $3,200 in case Ethereum fails to hold above $4,300 and extend its rally. At the time of writing, Ethereum is trading at $4,320, up by 1.1% in the past 24 hours. Interestingly, this move has seen Ethereum outperforming other top cryptocurrencies like Bitcoin, XRP, and Solana, which are down by 2.2%, 3.5%, and 4% in the past 24 hours. Featured image from iStock, chart from Tradingview.com
Kwon was criminally charged in March 2023 with conspiracy to defraud, commodities fraud, wire fraud, and securities fraud, among others.
Seoul’s top crypto platform, Bithumb, has sharply scaled back its coin-lending service only a month after introducing it. On July 4, Bithumb launched its much-anticipated lending program, offering loans with 4x leverage on ten major cryptocurrencies, including Bitcoin, Ethereum, Ripple, and Tether. Borrowers could use either crypto or Korean won as collateral. But the rollout …
Circle's Arc blockchain could accelerate stablecoin adoption, impacting global finance by enhancing transaction speed and privacy features.
The post Circle to launch Arc, a layer 1 blockchain for stablecoin finance appeared first on Crypto Briefing.
Plaintiffs allege that Fenwick & West designed shell companies and structures that enabled the theft of billions in FTX customer funds.
The capital will help Transak, which claims to have 10 million users globally, expand its stablecoin payments stack and enter new markets.
Futures-based exchange-traded funds tied to Solana and XRP have accumulated almost $3 billion in assets under management amid market anticipation for potential spot ETF approvals. The momentum has been fueled by new leveraged products, a surge in derivatives positioning, and demand for yield-oriented structures. In early 2025, a leak indicating the CME Group was preparing […]
The post Leveraged Solana and XRP ETFs gain $3B momentum ahead of SEC decision appeared first on CryptoSlate.
ARK Invest’s latest Block purchase is its first in months, signaling a potential shift in the company’s investment strategy.