Day: August 15, 2025

Ronin Network is Coming Back Home to Ethereum in 2026

Ronin, a purpose-built blockchain for gaming, said it will migrate back to the Ethereum ecosystem as a layer-2 network, making Ronin a general-purpose chain for applications beyond gaming. The blockchain originally spun off from the Ethereum mainnet in 2021 in search of better network speeds and cheaper transaction fees for Axie Infinity, a non-fungible token (NFT) blockchain video game. The Ronin team wrote: “Things are different now. Ethereum is back. Transaction costs and speeds are better than ever. We are early to a new era of growth, and Ronin is…

$48,930,711 in Crypto Assets Looted in Massive Exchange Hack As Stolen Haul Converted to Ethereum: On-Chain Data

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New data from the cybersecurity firm PeckShield reveals that tens of millions of dollars worth of digital assets were stolen from the crypto exchange BtcTurk. In a new post on X, PeckShield says that the Turkish crypto exchange platform BtcTurk has been exploited to the tune of $49 million worth of crypto assets, $38.6 million of which was Ethereum (ETH), the second-largest cryptocurrency by market cap. Other notable digital assets stolen include $4.3 million worth of layer-1 blockchain Avalanche (AVAX), $1.9 million worth of the layer-2 scaling solutions Arbitrum (ARB),…

Bitcoin Holds Near $119,000 As Lower Leverage Reduces Correction Risk

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Bitcoin (BTC) staged a mild rebound from yesterday’s inflation-driven drop to $117,180, climbing back toward $119,000 at the time of writing. A declining leverage ratio suggests the top cryptocurrency’s bullish momentum could persist, keeping it in the running for a new all-time high (ATH) in the near term. Bitcoin Leverage Ratio Falls, Bulls Rejoice According to a CryptoQuant Quicktake post by contributor Arab Chain, Bitcoin’s leverage ratio across all cryptocurrency exchanges has sharply declined from its late-July and early-August peak of 0.27. Related Reading Notably, the ratio dropped to 0.25…

Liquidity Absorption

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #crypto #cryptocurrency #bitcoin #blockchain #ethereum #btc #shorts ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Digital Currency Group Sues Subsidiaries Over $1.1B Promissory Note

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Update (Aug. 15 at 11:40 pm UTC): This article has been updated to include a statement from Genesis’ counsel. Venture capital firm Digital Currency Group (DCG), the parent company of many entities tied to cryptocurrency and blockchain, has filed a complaint against two of its subsidiaries over a promissory note to guard against the 2022 default of Three Arrows Capital (3AC). In a Thursday filing in the US Bankruptcy Court for the Southern District of New York, DCG alleged that Genesis Global Capital and Genesis Asia Pacific, both under the…

American Bitcoin Plans Asia Deal to Grow BTC Reserves: Report

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American Bitcoin, a cryptocurrency mining company linked to the Trump family, is reportedly looking to acquire at least one publicly listed company in Asia to further its Bitcoin (BTC) purchases. According to a Financial Times report, American Bitcoin wants to buy a company in Japan and potentially another in Hong Kong. It aims to follow the blueprint of Strategy, which to date has accumulated 628,946 BTC worth $73.8 billion at this writing. American Bitcoin’s “ambition is to build the strongest and most efficient Bitcoin accumulation platform in the world,” the…

Market Expert Reveals Why XRP Price At $1,000 Is Not A Possibility

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A leading market analyst is warning XRP holders that dreams of a $1,000 price tag are far from reality. The expert, Tony The Bull, says the numbers simply do not add up, and reaching that level would require an economy-shaking leap in value. According to him, the market cap at such a price would not only surpass major companies and industries but would also outsize entire nations’ economies. He calls this level “fantasy pricing” and stresses that it is not something the market will see in 2030.  Why A $1,000…

Bitcoin Reserves CANCELLED!? (Trump Tariff Inflation Signals Crypto Top?)

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Could this be signaling a major crypto market top, or is it just noise before the next leg up? In this video, we break down what’s really happening behind the headlines, how it impacts Bitcoin, Ethereum, and top altcoins, and the key levels to watch next. Lace Wallet For Midnight – 💥 Join Our Trading Group Discord – Blofin – Lbank – CoinW – ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● ➡️ Protect your BTC From Taxes – ➡️ Crypto Tax Services – ➡️ Use ‘DC20’ for 20%…

Wellgistics debuts XRP payments for independent US pharmacies

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Thousands of US pharmacies can now settle prescription drug payments in cryptocurrency through a new blockchain-based system running on Ripple’s XRP Ledger. The system was developed by Wellgistics Health, a prescription drug distributor and digital prescription routing provider for more than 6,500 pharmacies, in partnership with pharmaceutical software firm RxERP. According to the companies, the system enables pharmacies to pay for products and move funds, while recording all payments on the XRP Ledger and offering an alternative to traditional bank transfers for wholesale drug purchases. “Independent pharmacy owners are far…