Strategy, the enterprise intelligence agency previously often called MicroStrategy, has bolstered its Bitcoin place with one other massive buy. In a Sept. 2 filing with the US Securities and Exchange Commission (SEC), the corporate reported buying 4,048 BTC for $449.3 million, paying a mean of $110,981 per coin. The transfer lifts Strategy’s complete Bitcoin steadiness…
Spot Ethereum exchange-traded funds took in about $3.9 billion in August whereas U.S. Bitcoin ETFs posted roughly $750 million in internet redemptions. The cut up extends a summer time stretch in which Ethereum funds have constantly drawn capital since late July, as Bitcoin merchandise noticed intermittent outflows. The rotation follows a document July for Ethereum…
Starknet, an Ethereum Layer 2 (L2) scaling community, has resumed block production after a big disruption halted exercise for greater than 4 hours. In a Sept. 2 update on X, the crew introduced that “block production is again to regular,” confirming that almost all RPC suppliers are working once more whereas the remaining ones put…
Blockchain sleuth ZachXBT has printed what he calls a “worth sheet of 200+ crypto influencers and their pockets addresses” tied to a latest promotional push, igniting a recent backlash over undisclosed advertisements on Crypto Twitter. “From 160+ accounts who accepted the deal I solely noticed <5 accounts truly disclose the promotional posts as an commercial,”…
(https://dune.com/scam-sniffer/august-2025-scam-sniffer-scam-report) Main Safety Incidents BtcTurk On August 14, 2025, Turkish cryptocurrency alternate BtcTurk reportedly suffered one other assault, leading to losses of roughly $54 million. This was the second main incident in simply over a yr, following a $90 million hack on June 22, 2024. In its official assertion, BtcTurk acknowledged “irregular exercise” in its sizzling…
Decentralized exchanges (DEX) processed a mixed $1.15 trillion in spot and perpetual contract volumes throughout August, marking the primary time month-to-month DEX exercise surpassed the $1 trillion threshold. According to DefiLlama data, spot DEX volumes reached $506.3 billion in August, falling simply $1.5 billion wanting the all-time high of $507.8 billion recorded in January. The…
World Liberty Financial, a decentralized finance (DeFi) platform supported by President Donald Trump, has formally launched its native token WLFI. Although the debut of WLFI marks a major step for the Trump household, its preliminary efficiency has been lackluster in comparison with the anticipation it garnered in latest weeks. WLFI Token Faces 12% Decline According…
Economist Alex Krüger dismissed considerations in regards to the crypto bull cycle ending, arguing that widespread bearish sentiment creates a contrarian shopping for alternative as markets put together for restoration. In an Aug. 30 X post, Krüger famous that “most crypto charts now look so damaged and bearish that’s bullish,” citing important lengthy liquidations as…
Lee Eok-won, the nominee to head South Korea’s Financial Services Commission, drew heavy criticism this week after dismissing crypto as missing any actual worth in his written testimony forward of affirmation hearings, native media reported on Sept. 1. Lee stated digital belongings don’t possess intrinsic price in the identical manner as equities or financial institution…
Metaplanet acquired 1,009 Bitcoin (BTC) for about $112 million, bringing the Japanese agency’s complete holdings to 20,000 BTC amid shareholder approval for an formidable plan so as to add $2.8 billion value of Bitcoin to its treasury by means of 2027. The Tokyo-listed firm introduced the acquisition on Sept. 1, paying a median value of…