A well-funded crypto super PAC is gearing up for another fight with former Senate Banking Committee chair Sherrod Brown, raising the stakes for Ohio’s 2026 Senate race. Key Takeaways: Fairshake spent over $40M in 2024 to unseat Sherrod Brown and has now raised $140M for 2026. Brown’s past opposition to pro-crypto legislation makes him a…
Decentralized perpetuals exchange GMX said Wednesday that users hit by last month’s security breach can now claim compensation through its dApp. Key Takeaways: GMX is distributing $44M to fully compensate Arbitrum GLP holders impacted by last month’s $42M exploit. The breach stemmed from a reentrancy vulnerability in GMX V1’s contract structure. Compensation will be in…
Monero, the $6 billion privacy coin long touted as one of crypto’s most censorship-resistant networks, has suffered a major setback. Key Takeaways: Qubic claims it gained 51% control of Monero’s hashrate after a month-long campaign. The takeover coincided with a six-block chain reorganization that replaced 60 blocks. Monero developers dispute that a full 51% attack…
Dunamu, the operator of South Korea’s largest cryptocurrency exchange Upbit, has unveiled a new custody service aimed at corporate and institutional clients, as regulatory green lights for virtual asset investments spark growing demand for secure storage solutions. Key Takeaways: Upbit’s new custody service stores 100% of client assets in offline cold wallets. Institutional clients can…
Google Trends and market trackers show a fresh wave of interest in altcoins as Bitcoin’s share of the market slips. Searches for altcoins have jumped, while Bitcoin dominance has dropped by 6% — from about 65% to nearly 60% — over the last two months. Traders and small investors are shifting attention to coins beyond…
US spot Ether exchange-traded funds (ETFs) pulled in $729.1 million in net inflows on Wednesday, their second-largest daily haul since launching earlier this year, according to SoSoValue data. Key Takeaways: US spot Ethereum ETFs drew $729.1M on Wednesday, their second-largest daily inflow since launch. Ethereum ETFs have pulled $2.2B over three days, nearly seven times…
Thumzup Media Corporation, a social media marketing firm that pivoted into crypto investments earlier this year, is ramping up its digital asset strategy following a $50 million capital raise. Key Takeaways: Thumzup raised $50M to expand into large-scale crypto mining and targeted blockchain investments. The firm holds 19.1 BTC and plans to diversify into six…
KeepSolid, one of the leading developers of privacy tools announced the launch of KS Coin, a Solana-based utility token powering its new Web3-enabled loyalty program. Available now at a 30% discount until August 21, KS Coin is priced at $0.007 per token and can be purchased through the KS Coin page. Unlike traditional loyalty points…
Altseason movement remains limited, but capital flows are beginning to favor tokens with recent action or infrastructure relevance. Bitcoin still leads with over 60% market share. Against that backdrop, OKB, Arbitrum, and Sei are drawing renewed focus, especially OKB. OKB Surge Sparks Attention During the Altcoin Season OKB’s price surged by 120% within 24 hours,…
The Midnight Foundation, an organization dedicated to advancing the Midnight network, a privacy-focused blockchain, has announced a strategic integration with Fireblocks, an enterprise platform for secure digital asset custody, settlement, trading operations, and stablecoin payments. Fireblocks to offer institutional custody for $NIGHT token, which powers transactions and smart contracts on Midnight—a privacy-first blockchain. Integration supports…