Everything web3, crypto, defi, degen
In brief Video platform Rumble is looking to expand by buying German AI cloud firm, Northern Data. The potential buy has backing from stablecoin giant Tether, which owns a controlling stake in the AI firm. Northern Data also said it would sell its Bitcoin mining business in a separate deal. YouTube rival and Bitcoin treasury…
In brief Healthy beverage company Safety Shot Inc. is pivoting to become a crypto treasury firm, receiving $25 million in BONK on Monday. Pseudonymous core contributor Nom is set to join the Safety Shot team in a strategic position, and says it is targeting up to 5% of the meme coin’s total supply. At current…
In brief Zora token surged 43% in 24 hours, gaining 129% weekly and 1,566% monthly following strong platform adoption. The Ethereum Layer-2 platform rewards creators for content sharing and was added to Base App in July for easier access. Recent surge driven by spike in coin creation activity (47,000 new tokens Sunday) and new Binance…
In brief Vitalik Buterin, the co-founder of Ethereum, is a billionaire following ETH’s 20% weekly rise. Wallets connected to Buterin hold $1.045 billion worth of assets, mostly Ethereum. ETH’s recent surge has seen it pass several traditional companies in market capitalization, including defence contractor Palantir. Ethereum co-founder Vitalik Buterin is an “on-chain billionaire” again, as…
In brief BitMEX co-founder Arthur Hayes has moved $8.4 million in ETH and other tokens over the past 24 hours Institutional wallets linked to a “mysterious” buyer and SharpLink Gaming accumulated over $1.1 billion in ETH in two weeks. Analysts cite ETF flows, macro catalysts, and fresh regulatory clarity as reasons for ETH’s surge, but…
In brief Ethereum ETFs led digital asset funds with $268 million in weekly inflows, narrowly outpacing Bitcoin’s $260 million despite early-week volatility, according to CoinShares. The turnaround came after $1 billion in combined outflows early in the week, triggered by weak U.S. payroll data, before a $1.57 billion surge following 401(k) crypto approval. Ethereum’s year-to-date…
In brief Apple co-founder Steve Wozniak says YouTube ignored multiple takedown requests after his likeness was used in a bitcoin scam. Wozniak’s warning comes amid a rise in AI-powered deepfake fraud targeting tech leaders. Last week, a UK MP called for YouTube ads to face the same regulation as TV and radio advertising. Apple co-founder…
In brief Nyan Cat creator Chris Torres has redeemed nearly 4,000 SOL (worth $706,000) in royalties from tokens launched on the Bags platform. One Nyan Cat token hit a $12 million market cap. But Torres views meme coins as the “wild west” and won’t endorse any tokens, preferring to focus on his 15-year art career.…
In brief Bitcoin’s dominance fell to 57.8% of the crypto market. XRP and Dogecoin led gains among altcoins. Altcoin season could happen, but it probably won’t hit the same way, according to Hashdex’s Gerry O’Shea. XRP and Dogecoin led altcoins higher on Friday as Bitcoin’s dominance fell to a 12-day low.The Ripple-linked token was recently…
In brief The SEC officially closed its legal dispute against Ripple Labs Inc. on Thursday. Avid supporters group the XRP Army are now celebrating what they believe is confirmation that they are on the “right side of history.” The mantra comes from a 2020 blog post from Ripple CEO Brad Garlinghouse. In the wake of…
