Coinbaseโs Ethereum layer-2 blockchain Base stopped producing blocks for 33 minutes on Tuesday after switching to a backup sequencer that wasnโt set up properly to process transactions. The incident began at 6:07 am UTC when the active sequencer started falling behind on block production, prompting Conductor โ Baseโs system for managing sequencer availability and reliability โ to switch sequencers. However, it switched to an โunhealthy mainnet sequencerโ that was still being set up and thus wasnโt able to produce blocks, Base Buildโs X account said in a post on Tuesday.…
Day: August 6, 2025
Nasdaq-Listed CEA Industries Closes $500M Round to Fund BNB Treasury Strategy
Nasdaq-listed CEA Industries Inc. announced the successful closing of a $500 million private placement offering on Aug. 5, 2025, aimed at advancing its BNB treasury strategy. Strategic Realignment and Rebranding Nasdaq-listed CEA Industries Inc. announced on Aug. 5 the successful closing of a $500 million private placement offering to advance its BNB Treasury Strategy. The [โฆ] Source CryptoX Portal
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Bitcoin Holds Steady At $115,000, But Realized Price Data Warns Of Fragility
Following another rejection from the $120,000 region on July 21, Bitcoin (BTC) is now holding steady around the $115,000 level. However, realized price data suggests that BTCโs surface-level calm may be nearing its end. Old Bitcoin Whales Stop Realizing Gains According to a CryptoQuant Quicktake post by contributor Kripto Mevsimi, Bitcoin whale behavior indicates that the asset may be walking a tightrope. While โold whalesโ have stopped realizing profits, newer whales remain slightly in the green โ though only marginally. Related Reading Here, old whales refer to large BTC holders…
SEC Guidance on Liquid Staking a Win for DeFi, Institutions
The crypto industry is hailing the US Securities and Exchange Commissionโs latest guidance on liquid staking as a rare regulatory win, with stakeholders calling it a major step forward for decentralized finance and institutional adoption of digital assets. Released Tuesday, the SEC staff issued a guidance on liquid staking, writing that under certain conditions, liquid staking activities and the receipt tokens they generate do not constitute securities offerings. โInstitutions can now confidently integrate LSTs into their products which is sure to drive new revenue streams, expand customer bases, and enable…
SUI In A Sweet Spot: Structural Support And VWAP Align For Potential Breakout
SUI is currently sitting in a prime โsweet spot,โ where key structural support meets the VWAP average. This alignment establishes a robust technical foundation, indicating a potential breakout as buyers step in at this critical level.ย Key Support Level Near Aligning With VWAP Average In a post on X, CryptoPulse drew attention to SUIโs recent price action, noting that the token has pulled back into what is described as a โsweet spotโ for potential buying opportunities. The price recently touched the VWAP (Volume Weighted Average Price) and is currently sitting…