Ether exchange-traded funds (ETFs) scored another $640 million in inflows, marking their eighth consecutive day in the green, while bitcoin ETFs logged a seventh straight day of gains with $231 million despite sharp outflows in several major funds. Record-breaking trading volumes underscored the market’s feverish pace. Ether ETFs Extend Streak to 8 Days With Bitcoin […] Original
Investments in Web3 gaming projects surged to $60 million in July, reversing a three-month lull, with investors now focusing on games built around fun, according to blockchain analytics platform DappRadar. March still has the highest month for Web3 gaming funding this year at $69 million, but after a slump in April, May and June, capital is flowing again “primarily to projects with proven teams, strong IP, or infrastructure supporting multiple games,” DappRadar analyst Sara Gherghelas said in a report published on Thursday. However, smaller studios are suffering, and projects without…
The US Treasury Department has re-designated Moscow-based cryptocurrency exchange Garantex and sanctioned its successor, Grinex, along with three executives and six associated companies in Russia and the Kyrgyz Republic. Officials say Garantex processed more than $100 million in illicit transactions since 2019, including funds tied to ransomware attacks and darknet markets. “Digital assets play a crucial role in global innovation and economic development, and the United States will not tolerate abuse of this industry to support cybercrime and sanctions evasion. Exploiting cryptocurrency exchanges to launder money and facilitate ransomware attacks…
Transak, a fiat-to-crypto infrastructure provider, has raised $16 million in a strategic funding round led by Tether and IDG Capital to enhance its stablecoin payments infrastructure and expand operations into new markets. The funding round also saw participation from several investors, including Primal Capital, 1kx, and Protein Capital. With over $2 billion in processed transaction […] Source CryptoX Portal
Paris-headquartered Sequans Communications S.A. (NYSE: SQNS) has announced the acquisition of an additional 13 bitcoin for approximately $1.5 million, at an average purchase price of $117,012 per bitcoin, inclusive of fees. As of August 8, 2025, the company now holds a total of 3,171 bitcoins, with a total net investment in bitcoin amounting to around […] Original
Cango Inc. has acquired a fully operational 50-megawatt (MW) bitcoin mining facility in Georgia, U.S., for $19.5 million. Cango Acquires 50 MW Bitcoin Mine The New York Stock Exchange-listed company (NYSE: CANG) announced the acquisition on Aug. 11, 2025. This marks Cango’s first step in increasing its portfolio of owned and operated mining sites. The […] Original
Bitcoin and Ether exchange-traded funds (ETFs) closed last week in roaring form, attracting a combined $865 million in fresh capital. Bitcoin notched its third consecutive inflow day, while ether extended its winning streak to four. Institutional Demand Soars As BTC ETFs Pull $404 Million, ETH ETFs Hit $461 Million The past week ended with fireworks […] Original
BNB Network Company, the treasury management division of CEA Industries Inc. (Nasdaq: BNC), has announced the acquisition of 200,000 BNB tokens, positioning itself as the largest corporate holder of BNB worldwide. This strategic move follows a significant $500 million private placement led by 10X Capital in collaboration with YZi Labs, aimed at establishing BNB as […] Source CryptoX Portal
This weekend, with bitcoin trading 4.2% higher than last week, a quartet of long-forgotten wallets from June and July 2012 sprang to life, shifting 400 BTC valued at $47.45 million — their first move in more than 13 years. Vintage Bitcoin Revival: 400 Coins From 2012 Reemerge Although August hasn’t yet matched July’s streak of […] Original
Build on Bitcoin (BOB), a hybrid Layer two (L2) blockchain, has successfully raised a total of $21 million through a series of strategic funding rounds since December 2024, with recent backing from investors including Castle Island Ventures, Ledger Cathay Capital, Rockawayx, and Sats Ventures. The latest funding round raised $9.5 million, demonstrating strong confidence from […] Original