Everything web3, crypto, defi, degen
In brief Bitmine Immersion is planning to raise up to $24.5 billion from its common stock sales to buy more ETH. The Ethereum treasury firm is selling its common stock for $0.0001 per share. The company had already accumulated more than $2 billion worth of Ethereum tokens, as of publication time. Bitmine Immersion is upping…
In brief The Consumer Price Index rose 2.7% in the 12 months through July. Tuesday’s inflation reading was cooler-than-expected. September rate cut odds slightly fell after the release. The price of Bitcoin and other cryptocurrencies rose Tuesday after a widely watched inflation gauge showed that U.S. consumer prices rose less than expected in July.The Consumer Price…
In brief Sharplink Gaming is raising an additional $400 million to fuel Ethereum purchases. The company has raised nearly $900 million for its corporate treasury over the past week. Ethereum treasury firms are on the rise and could soon hold 10% of all ETH in circulation, according to a Standard Chartered analyst. SharpLink Gaming is…
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 Developers report regressions in coding ability, raising doubts about GPT-5’s “reasoning powerhouse” claim. Rollout frustrations mount as older models vanish and access differs sharply across pricing tiers. PR stumbles and ethical concerns deepen skepticism around OpenAI’s most ambitious model yet. OpenAI’s much-hyped launch of GPT-5—touted as a groundbreaking leap in artificial intelligence—has instead…
In brief In a fireside chat, NEAR Protocol founder Illia Polosukhin and Infinex founder Kain Warwick argued that greater levels of interoperability are crucial for fueling crypto adoption. In June Infinex successfully integrated NEAR Intents and Chain Signatures, facilitating swapping and bridging of non-smart contract cryptocurrencies across multiple blockchain networks. Polosukhin said that NEAR Protocol…
In our latest Kraken Trading Spaces, Dentoshi unpacked one of the most valuable edges in trading: Spotting outperformers before the rest of the market does. With the crypto markets in a period of chop, earnings season heating up and broader macro catalysts in play, Dentoshi shared timely insights on how to identify early winners before…
August is the month of “Remember that Franchise?” Aside from the annual Madden game, a lot of the games we’re looking forward to this month are returns to older franchises—one of which hasn’t seen a new entry in almost 15 years. There are a few remake/remaster-type games on this list, but our first entry, Mafia: The…
In brief The overall crypto market is down just over 3% in the last week. Is it time to panic? Bitcoin remains relatively stable compared to meme coin counterparts. The technical picture remains overall bullish. The next few trading days could prove crucial. There are two kinds of people in the crypto world: those who…
In brief The Panama Playlists appears to have leaked the Spotify accounts of some of the biggest names in crypto and AI. Coinbase CEO Brian Armstrong has created a playlist with just the same trance tune 60 times, which he says helps him focus. The last song Sam Bankman-Fried added to a playlist was Save…
