Month: August 2025
Solana Meme Coins Slump as Investors Rotate into ETH & ‘Quality-Focused’ Altcoins
Experts say that investors are rotating funds into “quality-focused” assets like Ethereum and other altcoins.
Australian court finds Apple, Google abused app store market power
Epic Games has just secured a win in its crusade against Apple and Google’s app store policies: The Federal Court of Australia on Tuesday ruled that Apple and Google’s engaged in anti-competitive conduct when it came to their respective app stores, ABC News reported.
How to save a smart home company
The smart home can be scary. It seems like every other month, we hear about another smart home company going out of business, leaving you scrambling for a new way to turn on your lights. Why is it so hard for smart home manufacturers to keep the lights on? And what can they do to … Read more
Grayscale Debuts First Investment Trusts for Sui’s Core Protocols
Digital asset investment platform Grayscale has launched two new single-asset trusts providing exposure to Sui protocols DeepBook and Walrus. The Grayscale DeepBook Trust and Grayscale Walrus Trust invest solely in the native DEEP and WAL tokens, respectively. DeepBook is a decentralized central limit order book (CLOB) built on the Sui blockchain. It serves as a … Read more
Transak Raises $16M from IDG Capital, Tether to Scale Stablecoin Payment Network
Web3 payments infrastructure firm Transak has raised $16 million in a strategic funding round co-led by IDG Capital and Tether. The company plans to use the funds to expand its stablecoin payments stack and enter new markets. The funding round comes at a time in which the stablecoin sector has been growing exponentially. DeFiLlama data … Read more
Ethereum Open Interest Nears $60 Billion as ETH Hovers Near All-Time High
The value of open positions on ETH’s future price has nearly doubled since just weeks ago.
Circle Stock Pumps 11% on Q2 Report of Major Revenue Leap, New L1 Blockchain
CRCL eclipsed $179 in pre-market trading Tuesday, after the company reported a 53% increase in year-over-year income.
Bitcoin, Ethereum Rise as US Inflation Cools to 2.7% in July
U.S. inflation is still running above the Fed’s 2% target.
Crypto captures half of top 20 spots in ETFs launched since 2024
BlackRock’s iShares Bitcoin Trust ETF leads with $57.4 billion in inflows, followed by Fidelity’s Wise Origin Bitcoin Fund with $12.1 billion.
Tom Lee’s BitMine Immersion Aims to Raise as Much as $20B for More ETH Buys
BitMine Immersion Technology (BMNR), the bitcoin miner that pivoted to an ether (ETH) treasury strategy under Fundstrat’s Thomas Lee’s leadership, is doubling down on its stock sale program, aiming to raise up to $20 billion more buy more ETH. The company had previously authorized $4.5 billion in stock sales through agreements with Cantor Fitzgerald and … Read more
U.S. July CPI Rose Softer Than Hoped 2.7%, but Core Rate of 3.1% Disappoints
U.S. inflation data for July came in mixed, with headline numbers better than forecast, but the core rate rising faster than expected. The July U.S. Consumer Price Index rose 0.2%, according to the Bureau of Labor Statistics. Economist forecasts had been for 0.2% and June’s pace was 0.3%. On a year-over-year basis, CPI was higher … Read more
How a once-tiny research lab helped Nvidia become a $4 trillion-dollar company
Nvidia’s research lab developed the technology that took the company from a video game GPU startup to a $4 trillion-dollar company.
Sam Altman is right and wrong about the future of photos
Don’t compare AI bunnies to phone camera processing, Sam. I’m annoyed, not for the first time, by something Sam Altman has said. But this time it’s because I’m annoyed at how much I agree with what he’s saying – even though I think his statement is kind of bullshit. In a recent interview, journalist Cleo … Read more
Morning Minute: Tom Lee Races to 1,000,000+ ETH
ETH ETFs set a smashing new record on Monday, while other crypto majors sell off ahead of today’s CPI print.
Monero price dips as Qubic likely succeeds in 51% attack
Monero suffered 60 discarded blocks in 24 hours as Qubic openly conducts selfish mining and claims a successful 51% attack, escalating an ongoing hack war.
Qubic Claims Majority Control of Monero Hashrate, Raising 51% Attack Fears
Qubic, a project led by former IOTA co-founder Sergey Ivancheglo, says it has secured more than 51% of Monero’s global hashrate, a milestone that, if true, gives it the ability to reorganize blocks, censor transactions, and attempt double-spends on the privacy-focused blockchain. Ivancheglo framed the move as a stress test to help the Monero community … Read more
Is $30 XRP price a real possibility for this bull cycle?
XRP prices have multiplied at least 10x in previous bull cycles, fueling hopes for a similar big breakout toward $30 by mid-2026.
Wall Street Firms Complete First 24/7 U.S. Treasury Financing Via Tokenization on Canton Network
Digital Asset and a group of major financial firms have executed the first real-time, fully on-chain financing of U.S. Treasuries against USDC on the Canton Network. The repo trade, carried out on Tradeweb, settled atomically on a Saturday, sidestepping the weekday-only limitations of traditional settlement systems, according to a press release shared with CoinDesk on … Read more
Circle Unveils Layer-1 Blockchain Arc, Reports $428 Million Q2 Loss
Circle (CRCL) reported a second-quarter net loss even as circulation of the second-largest stablecoin, USDC, almost doubled from the year-earlier period and on-chain transaction volume more than quintupled to $5.9 trillion. The company also said it is developing a layer-1 blockchain “designed to provide an enterprise-grade foundation for stablecoin payments, FX, and capital markets applications.” … Read more