Everything web3, crypto, defi, degen
In brief Ethereum hit a new all-time high on Friday, but Arthur Hayes thinks it is going much higher. The BitMEX founder upped his price prediction to $10,000-$20,000 this cycle. The prediction is fueled by his anticipation that Trump’s administration will adopt major quantitative easing. After setting a new all-time high price on Friday, Ethereum…
In brief Ex Populus, creator of the Xai gaming blockchain, is suing Elon Musk’s xAI for trademark infringement, and asking a court to block its use of the “xAI” name in gaming and blockchain. The company says Musk’s expansion of xAI into gaming caused confusion with media, users, and even X’s own AI chatbot Grok,…
In brief SharpLink Gaming unveiled $1.5 billion in potential stock buybacks. The company traded at a slight premium to its Ethereum holdings. SharpLink’s stock price surged more than 15% on Friday to $20.83. SharpLink Gaming can repurchase up to $1.5 billion worth of common stock under a newly authorized repurchase program, the Ethereum treasury firm…
In brief Ethereum hit a new all-time high price, breaking a record set back in 2021. The second-biggest cryptocurrency had lagged behind Bitcoin in gains, and long lingered well short of its previous peak. Institutional adoption and a favorable regulatory landscape have helped the coin in recent months. Ethereum hit a new all-time high price…
In brief SuiPlay0X1 buyers are facing unexpected import duties on the $599 gaming handheld, some as high as nearly $350. Mysten Labs said that it will not cover the fees for buyers, in part because it sells the device at nearly cost. The firm is temporarily suspending shipments while it gains more information on the…
In brief Crypto equities have largely underperformed Bitcoin and Ethereum over the past month. Top stocks like MSTR and COIN rebounded Wednesday after starting the day in the red. Recent crypto IPOs and digital asset treasuries have been red over the last week too. Shares in leading publicly traded crypto companies and digital asset treasuries…
In brief Wilder World launched a 10-player shooter game mode in “super early access” at Gamescom, featuring deathmatch gameplay in a recreated Miami setting called Wiami. The Ethereum-based project is hosting a $100,000 tournament from August 25 to September 24, with five finalists receiving all-expenses-paid trips to compete in person. This shooter represents the second…
In brief Crypto treasury firm Thumzup is planning to acquire Dogehash in an all-stock deal. Dogehash shareholders will exchange their holdings for 30.7 million shares of Thumzup stock. Thumzup recently raised $50 million to expand its mining capabilities and digital asset treasury. Trump family-backed, cryptocurrency treasury firm Thumzup Media is planning to acquire Dogecoin mining…
In brief Ethereum role-playing game Pirate Nation is set to shut down in September, along with its blockchain networks. Developer Proof of Play said that it’s too costly to support given a relatively small player base. Numerous crypto games have shut down already in 2025, including Deadrop and Nyan Heroes. Ethereum role-playing game Pirate Nation…
In brief SharpLink Gaming added $601 million in ETH to its treasury last week. The Ethereum-focused firm purchased 143,593 ETH at $4,648 between August 10 and August 15. The buy marks its largets ETH purchase in the past month. SharpLink Gaming purchased $601.5 million Ethereum last week, its largest ETH buy over the past month,…
