Trump-Backed American Bitcoin director Justin Mateen buys nearly $2 million of ABTC stock
Mateen purchased more than 306,000 shares across two days following the company's quarterly earnings, lifting his stake to more than 492,000 shares.…
Proposed CLARITY ethics deal could save Trump millions in taxes: Bloomberg
The latest bipartisan ethics proposal would reportedly require Trump to divest crypto businesses while allowing him to defer capital gains taxes on those…
Tether expands tokenization business into Saudi Arabia, starting with real estate
The stablecoin issuer is extending its tokenization business into Saudi Arabia, starting with institutional real estate assets with plans to expand to other…
Intesa Sanpaolo slashed IBIT stake by 94% in 2Q, tripled ether ETF holding as crypto prices slumped
The Italian bank tripled its holding of iShares Staked Ethereum Trust ETF stake as total bitcoin ETF holdings fell 35% to $69.3 million. Source:CoinDesk
BitGo’s WBTC move pushes LayerZero-to-Chainlink tally near $15 billion
A migration wave followed a $292 million Kelp bridge exploit, with announced LayerZerotoChainlink moves now totaling $14.5 billion. Source:CoinDesk
First U.S. spot bitcoin ETF to close as inflows dwindle, investors chase AI returns
Hashdex's DEFI, the smallest of the funds, held $14.7 million under management, compared with $47.08 billion for BlackRock’s IBIT. Source:CoinDesk
Tom Lee's Bitmine bought more ether, added to stock buyback last week
Chairman Tom Lee said ether's outperformance versus the Nasdaq in July signals strengthening crypto fundamentals. Source:CoinDesk
Tether posts $1.5 billion operating profit in Q2 as reserve buffer falls by half
The world’s largest stablecoin issuer added 14 metric tons of gold and about 1,800 bitcoin to its reserves during the second quarter. Source:CoinDesk
Coldcard's $38 million (so far) exploit shakes faith in self-custody, may push investors to ETFs
A software bug in popular hardware wallet Coldcard that led to the theft to this point of nearly 600 bitcoin worth roughly $38 million is prompting questions…
Quantum Solutions, Hyperscale Data tap crypto treasuries to fund AI data centers
The firm’s board raised the sale cap to 4,375 ETH through Oct. 30, nearly 66% of June holdings, although 3,050 of its remaining ETH is pledged. Source:CoinDesk
Hyperliquid is taking crypto perps deep into DeFi’s ‘money LEGO’ land
Hyperliquid is capitalizing on the volume and depth of its order book by giving firms the option to compose with the platform’s shared liquidity, rather than…
Bitmine buys more ether as Tom Lee says rising ETH/BTC ratio points to stronger crypto prices
The Ethereum treasury company added nearly 10,000 ETH while expanding its stock buyback, citing ether outperforming bitcoin is sending a bullish signal.…