Ether Machine Secures $654 Million in Private Financing Ahead of Nasdaq Listing
Ethereum-focused firm Ether Machine has raised $654 million in private financing from Jeffrey Berns as it prepares for a public debut with one of the largest corporate Ether treasuries. $654 Million Financing Secured The Ether Machine confirmed a $654 million private financing round this week, backed primarily by Ethereum advocate
Venus Protocol User Loses $13.5 Million in Phishing Scam
A user of Venus Protocol has fallen victim to a phishing scam, resulting in losses worth $13.5 million in cryptocurrency. The decentralised finance (DeFi) platform temporarily paused operations to carry out security checks, but confirmed the incident was not linked to a flaw in its smart contracts. Phishing Attack Drains
Trump-Backed World Liberty Financial to Unlock 27 Billion Tokens at Launch
World Liberty Financial (WLFI), a decentralised finance platform supported by the Trump family, will unlock 27 billion WLFI tokens at its launch, according to data confirmed by CoinMarketCap. The figure is significantly higher than earlier expectations and will establish the initial circulating supply for the project. Circulating Supply Exceeds Previous
$11 Billion Bitcoin Whale Rotates into Ethereum, Surpassing SharpLink’s Holdings
Mega-whale sparks market shift A mysterious Bitcoin whale, controlling assets worth over $11 billion, has shifted billions into Ethereum, signalling a wider rotation in the cryptocurrency market. The investor’s move has propelled their Ether holdings above those of SharpLink Gaming, the second-largest corporate Ether treasury, highlighting growing institutional confidence in
Crypto Market Sees Avalanche Surge, US Banks Under Scrutiny, and Offshore Exchange Breakthrough
The global crypto landscape witnessed notable developments today, ranging from blockchain growth and government regulation to financial crime revelations. Avalanche emerged as the fastest-growing blockchain of the week, while US banks came under fire for laundering billions for Chinese networks. Meanwhile, regulators in Washington opened the door for offshore exchanges
Ethereum Foundation Prioritises Interoperability to Improve User Experience
The Ethereum Foundation has identified interoperability as its top near-term priority for enhancing the user experience, with researchers outlining a strategy centred on intent-based architecture, crosschain communication, and new technical standards. Interoperability at the Core of Ethereum’s Roadmap In a recent blog post, Ethereum Foundation researchers described interoperability as the
World Liberty Financial Set for Launch as Experts Eye $1 WLFI Price
World Liberty Financial, a new decentralised finance (DeFi) platform backed by former US President Donald Trump and his family, is preparing to launch its native token, WLFI, on 1 September. The project is already generating significant attention from both retail traders and institutional investors, with some experts predicting dramatic price
SharpLink Expands Ether Treasury to Nearly 800,000 ETH as Stock Buyback Plan Approved
SharpLink Gaming has further strengthened its position in the cryptocurrency market after adding $252 million worth of Ether to its reserves last week. The move takes its Ether treasury to almost 800,000 ETH, worth about $3.7 billion, while the company also approved a $1.5 billion share repurchase programme. Major ETH
Crypto Market Sees NFT Declines, Gemini Surpasses Coinbase and Regulators Target Tokenised Stocks
The cryptocurrency market faced a mixed day as blue-chip non-fungible token (NFT) collections suffered steep losses while crypto exchange Gemini briefly overtook Coinbase in the US App Store rankings. At the same time, global regulators and exchanges stepped up pressure on the rise of tokenised stocks, warning of investor risks.
Grayscale Seeks SEC Approval for Spot Avalanche ETF
Grayscale Investments has filed with the United States Securities and Exchange Commission (SEC) for approval to launch a spot Avalanche (AVAX) exchange-traded fund (ETF). The move highlights the digital asset manager’s determination to expand its crypto investment products as institutional and retail demand for regulated cryptocurrency exposure continues to grow.
