Everything web3, crypto, defi, degen
SharpLink Gaming Will Be A ‘Positive White Swan Event’ for Ethereum (Interview with Joseph Chalom)Joseph Chalom, co-CEO of SharpLink Gaming, speaks on if crypto treasury firms will prompt this cycle’s black swan event, how it plans to change its staking strategy, and why he thinks Satoshi Nakamoto may return.
In brief BitMine Immersion Technologies bolstered its Ethereum treasury and now holds more than 2 million ETH. The firm’s Ethereum holdings have hit $9 billion, extending its lead over other ETH treasury firms. BMNR invested $20 million in a publicly traded firm undertaking a Worldcoin strategy, sending OCTO shares up 3,000%. Bitcoin miner turned Ethereum…
Ethereum recently surged to an all-time high price just shy of $5,000, finally breaking its long-standing record from 2021. And if you’re keen on racking up as much ETH as you can while it’s hot, then here’s another method you might not have considered: playing games.Much like with Bitcoin, a number of free mobile games…
In brief Bitcoin’s pseudonymous creator, Satoshi Nakamoto, disappeared in 2011. SharpLink Gaming co-CEO Joseph Chalom thinks Nakamoto will return as Bitcoin faces a quantum computing threat. Nakamoto is linked to nearly 1.1 million Bitcoin, valued at over $120 billion. Bitcoin’s elusive, pseudonymous creator Satoshi Nakamoto has remained in the shadows since his last message in…
In brief The LINEA token will begin its airdrop process on September 10. More than 9 billion tokens will be available to early users when the claim opens. An additional 75% of the total supply will ultimately be distributed to ecosystem participants. Ethereum layer-2 network Linea aims to use its upcoming LINEA token as an…
In brief SharpLink Gaming plans to stake part of its $3.6 billion ETH holdings on Linea network for higher yields, moving beyond traditional custodians Anchorage and Coinbase. SEC and CFTC leaders announced they’re considering 24/7 trading markets to align with crypto’s always-on nature, marking another potential Trump administration change to financial markets. Bitcoin miners hit…
In brief SharpLink Gaming will explore staking part of its Ethereum holdings to the Linea network once it hits mainnet, as the firm looks to expand its yield-bearing opportunities. Joseph Chalom, co-CEO of SharpLink, told Decrypt that the treasury company is currently staking almost the entirety of its holdings through its custodians, but this is…
In brief Digital asset treasury companies face shrinking market-to-net asset value (mNAV) ratios. BitMine and SharpLink Gaming have seen their mNAV fall below 1.0, to 0.99 and 0.89 respectively. The mNAV erosion threatens DATs’ ability to raise capital through at-the-market equity programs, forcing painful share dilution and stalling capital raises, analysts said. As Ethereum claws…
In brief Protage Biotech is rebranding as AlphaTON Capital and developing a new digital asset treasury focused on Toncoin (TON). The biotech firm will keep its existing business, but build its treasury starting with $100 million in TON. Shares were up earlier before finishing slightly down. The firm will adopt the ATON ticker starting Thursday.…
In brief Renewed interest in tokenized Pokémon cards is being driven by a cryptocurrency’s debut. The Solana-based project adds a new dimension to their on-chain presence. Physically-backed Pokémon card NFTs have primarily existed on Polygon. Tokenized Pokémon cards are seeing renewed interest lately, partly due to the recent debut of a token for a Solana-based…
