Business

BitMine’s Ethereum Stash Nears $5 Billion After Largest ETH Buy Yet

In brief BitMine’s Ethereum holdings are worth nearly $5 billion The firm owns roughly 1% of Ethereum’s circulating supply BitMine teased U.S.-made validator network in a shareholder presentation. BitMine Immersion Technologies’ Ethereum holdings were valued at nearly $5 billion on Monday, as the treasury firm said that it now owns 1% of the asset’s circulating…

Markets

Ethereum Cracks $4,000 for First Time in 8 Months

In brief Ethereum’s price hit $4,000 on major exchanges on Friday. The coin has made a comeback in recent months amid a surge in ETH treasuries. Ethereum’s blockchain has experienced a flurry of activity this week. Ethereum’s price touched $4,000 per coin on Friday for the first time since last December on a number of…

Uncategorized

XTER is available for trading!

August 6, 2025 | Asset Listings We’re thrilled to announce that XTER is available for trading on Kraken! Funding and trading XTER trading is live as of August 6, 2025. To add an asset to your Kraken account, navigate to Funding, select the asset you’re after, and hit ‘Deposit’.  Make sure to deposit your tokens…

Opinion

Morning Minute: SEC Gives Crypto Staking The Green Light

In brief The SEC has formally exempted major Ethereum and Solana staking protocols from securities laws. It’s likely the final clarification needed to give staking ETFs the green light. The precedent is also now set for staking across broader decentralized protocols. GM!Today’s top news: Crypto majors dip after Monday’s rally; BTC at $114,300 SEC gives…

Artificial Intelligence

OpenAI Drops Two Open Source AI Models That Run Locally and Match Premium Offerings

In brief OpenAI open-sourced two mega-models under Apache 2.0, shattering licensing limits The 120B-parameter model runs on a $17K GPU; 20B-parameter version works on high-end gaming cards Performance rivals GPT-4o-mini and o3—beats rivals in math, code, and medical benchmarks OpenAI released two open-weight language models Tuesday that deliver performance matching its commercial offerings while running…