Day: August 17, 2025

Hodlerโ€™s Digest, Aug. 10 โ€“ 16 โ€“ Cointelegraph Magazine

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Top Stories of The Week SharpLink shares drop 12% on Q2 crypto impairment loss SharpLink Gaming, an online gaming company with the second-largest corporate Ether treasury, announced a net loss of $103 million for the second quarter of 2025, driven by a paper loss from accounting for liquid staked Ether (LsETH). The loss marks a steep drop from a $500,000 loss in the same period of 2024 โ€” a year-over-year change of -25,980%. According to a Friday announcement, SharpLink now holds 728,804 Ether worth approximately $3.5 billion at this writing.…

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Kraken Temporarily Halts Monero Deposits After Monday’s 51% Attack

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Crypto exchange Kraken has temporarily paused Monero (XMR) deposits due to the ongoing 51% attack against the privacy-focused blockchain, which has compromised the security of the network. A 51% attack occurs when one mining pool controls more than 50% of a blockchain networkโ€™s total hashing power, giving it the ability to double-spend and reorder transactions on the ledger. The Kraken exchange wrote on Friday: โ€œAs a security precaution, we have paused Monero deposits after detecting that a single mining pool has gained more than 50% of the networkโ€™s total hashing…

Bitcoin Makes A Modest Pullback As Market Eyes Post Trump-Putin Meeting Reaction

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