Circle has acquired nearly 1,000 blockchain patents from IBM, giving the USDC issuer what it describes as the largest blockchain patent portfolio in the United States. Circle takes control of IBM’s blockchain portfolio Circle announced the acquisition on July 27,…
Circle’s 1,000-patent deal alarms crypto startups
Bitmine Immersion Technologies disclosed Monday that its cryptocurrency treasury has grown to $11.3 billion after increasing its ethereum holdings to nearly 5.8 million ETH, bringing the company within striking distance of owning 5% of the cryptocurrency’s total supply. Accelerate an Aggressive Ethereum Strategy On Monday, the company said its holdings totaled 5,797,813 ETH as of [
Bitmine Amasses 5.8M ETH, Closes In on 5% Supply Grab
The asset manager introduced two blockchain-based money market funds designed to qualify as stablecoin reserve assets under the US GENIUS Act.
BlackRock launches tokenized money market funds for stablecoin reserves
The CLARITY Act’s narrowing path through the U.S. Senate could trigger another crypto sell-off before the market recovers later this year, according to Bernstein analysts. CLARITY Act misses the Aug. 3 Senate schedule The Digital Asset Market Clarity Act, or…
CLARITY Act delay could trigger another crypto sell-off: Bernstein
Introduction Ethereum’s shift to proof of stake in September 2022 created a pool of economic security: over 30 million ETH staked by validators who risk losing their deposit (slashing) if they behave maliciously. This security pool protects Ethereum, but it…
What is restaking and how EigenLayer turns staked ETH into shared security
Introduction Blockchains do not talk to each other. Ethereum cannot read Solana’s state. Arbitrum cannot verify a transaction on Avalanche. Each chain maintains its own ledger, its own consensus, and its own finality rules. This isolation is a feature of…
How cross-chain bridges work and why $4 billion has been stolen from them
Introduction Most DeFi users believe they interact directly with an automated market maker when they swap tokens on Uniswap or SushiSwap. In 2022, this was broadly true. A user signed a transaction, that transaction entered the public mempool, a validator…
What are intents and solvers? The invisible layer executing your DeFi trades
Introduction The standard advice for anyone entering crypto has not changed in a decade: write down 12 words, store them offline, and never lose them. This instruction is correct under the old model. Externally owned accounts (EOAs) derive a single…
What is account abstraction and why seed phrases are becoming optional
Bitcoin price rebounded toward $63,900 on Aug. 3 after briefly falling near $62,300, but weak spot demand and fresh short-term holder losses continue to limit its recovery. Bitcoin price recovers from $62,300 According to data from crypto.news, Bitcoin (BTC) price…
Bitcoin price nears $64K as 32,000 BTC hits exchanges
The executive is leaving the Eric Trump-backed miner to join an AI power infrastructure firm, highlighting the shift toward energy and data center buildout.
Trump-linked American Bitcoin president Matt Prusak departs for Giga Energy
The spot price Bitcoin exchange-traded fund, which was never able to attract more than $18 million in net assets, will pay out investors and sell its 225 BTC in the coming weeks.
Hashdex to shut smallest Bitcoin ETF after more than two years
Trading near $1.08, price remained confined below the 100-day SMA at $1.10 and the former rising trendline lost in late July. XRP Remains Capped Below $1.11 The first resistance sits at the declining 100-day SMA near $1.10. The broken rising trendline crosses slightly higher around $1.11, creating a compact resistance area rather than two isolated levels. XRP daily price chart – S
XRP Defends Key Support With a Major Barrier Still Overhead
Amid the Coldcard chaos that has rattled bitcoin holders for days, a wallet dating back to Dec. 2013 suddenly shifted 500 BTC at block height 960867. The eye-catching transfer lands as a growing string of long-dormant wallets has sprung back to life, adding fresh intrigue since the Coldcard breach first surfaced on July 30. Two […]
2013 Bitcoin Whale Wakes, Moving 500 BTC as Coldcard Fear Deepens
Hashdex will close and liquidate its US-listed Bitcoin ETF, DEFI, after the fund struggled to attract enough assets and trading activity to remain viable. DEFI will stop trading on Aug. 17 According to a WSJ report, asset management company Hashdex…