Everything web3, crypto, defi, degen
In brief Solana Company says it has deepened its on-chain strategy by adding Twinstake and Helius as institutional validators, expanding its $396 million Solana treasury. The Nasdaq-listed firm, formerly a medical device maker, has rebranded as a Solana-focused treasury vehicle after a 96% stock decline this year. Chairman Joseph Chee said the firm is “leaning…
In brief Social media platform Reddit has sued Perplexity AI, accusing the firm of an “industrial-scale” scheme to scrape its user-generated content. Reddit alleges billions of search pages were scraped through tools that bypassed its and Google’s protections. The lawsuit names Perplexity, SerpApi, Oxylabs, and AWM Proxy as defendants. Social media platform Reddit has sued…
In brief Developer activity is rising again after a post-FTX slump, led by Ethereum, Solana, and zero-knowledge projects. Stablecoin transactions now top $9 trillion annually, showing steady real-world use. Andreessen Horowitz says U.S. regulation is “finally normalizing,” but warns volatility and fraud still threaten progress. The cryptocurrency industry is no longer a niche experiment, but…
CRYPTO PUMPING! COBIE & UP ONLY ARE BACK!Crypto Dips Despite Continue Strength in Stocks. Another $320m of Liquidations in Drop. Fed to Host Crypto Innovation Conference Today. Strategy Bought $19m Btc, Bitmine Buys $251m Eth. Coinbase Buys Cobie’s Echo for $375m. Coinbase Buys Cobie’s Up Only Nft for $25m. Sol Co-founder Toly Designing Perps Dex.…
CRYPTO FALLS, FED CRYPTO CONFERENCE TODAY, COINBASE ACQUIRES ECHOCrypto Dips Despite Continue Strength in Stocks. Another $320m of Liquidations in Drop. Fed to Host Crypto Innovation Conference Today. Strategy Bought $19m Btc, Bitmine Buys $251m Eth. Coinbase Buys Cobie’s Echo for $375m. Coinbase Buys Cobie’s Up Only Nft for $25m. Sol Co-founder Toly Designing Perps…
In brief Stock exchanges in Hong Kong and India have rejected companies attempting to pivot to Bitcoin treasury strategies, with none receiving regulatory approval in recent months. Experts have questioned if digital-asset treasuries are justified, warning they risk becoming “volatility arbitrage shells disguised as leveraged Bitcoin plays” that harm retail investors. Jetking Infotrain’s Siddarth Bharwani…
In brief NewsGuard found Sora 2 created fake news videos 80% of the time during 20 misinformation tests. The clips included false election footage, corporate hoaxes, and immigration-related disinformation. The report arrived amid OpenAI’s controversy over AI deepfakes of Martin Luther King Jr. and other public figures. OpenAI’s Sora 2 produced realistic videos spreading false…
In brief Citi has given Strategy a “buy” rating and a price target of $485. But the bank warned that the stock could dip with the price of Bitcoin. Strategy closed Tuesday trading at nearly $302 per share. Citi has given Strategy stock a “buy” rating and a price target of $485, citing the investment…
In brief Ethereum treasury SharpLink Gaming had not bought ETH for over a month. The Nasdaq-listed company added 19,271 ETH to its balance sheet last week, when the price of the asset dropped. SharpLink Gaming now holds 859,853 ETH, now worth over $3.5 billion. Ethereum treasury firm SharpLink Gaming announced Tuesday that it added nearly…
In brief Veteran Ethereum Core Developer Péter Szilágyi has argued that Vitalik Buterin has effective control over the non-profit Ethereum Foundation. He claimed that a small number of people are dominating new investment and advisory roles. The CEO and founder of the Polygon Foundation also critiqued the Ethereum Foundation’s governance. Longtime Ethereum Core Developer Péter…
