π #BNB
Reuters: Paxos Trust has reached a $48.5 million settlement with the NYDFS due to deficiencies in its Binance vetting and AML compliance. The deal includes a $26.5 million penalty and $22 million for remediation
#crypto #blockchain
πͺπΊ #BTC #ETH
Cointelegraph: EU banking regulator approves capital requirements for banks holding Bitcoin and Ethereum
#crypto #blockchain #bitcoin
π #LINK
Chainlink announced plans to use its revenues to form a reserve in LINK tokens, which will be repurchased over-the-counter
#crypto #blockchain
πΈ #XRP
Ripple acquires stablecoin platform Rail for $200 million
#crypto #blockchain
πͺπΈ #USDT #venture
CoinDesk: Spanish crypto exchange Bit2Me has raised β¬30 million in a funding round led by Tether
#crypto #blockchain
πΊπΈ #BTC #mining
The Block: Bitcoin miner Greenidge to sell its Mississippi facility for $3.9 million amid financial difficulties and new Trump tariffs
#crypto #blockchain #bitcoin
π #ETH #BNB
Over the past few hours, two large addresses have withdrawn a total of 8631 ETH (~$32.08 million) from exchanges. One of them withdrew 5631 ETH, and the second, a new wallet, withdrew 3000 ETH from Binance
#crypto #blockchain
β΄οΈ #BTC
The Block: According to Glassnode, the conviction of short-term BTC holders has been tested as the price entered an βair pocketβ zone following the July peak
#crypto #blockchain #bitcoin
πΊπΈ #BTC
The U.S. Federal Reserve is studying a revaluation of its gold reserves, which could unlock over $750 billion. These funds could potentially be used to create a strategic BTC reserve, an idea previously promoted by Michael Saylor and Trump advisor Bo Hines
#crypto #blockchain #bitcoin
πΌ #BTC #venture
The Block: Project BOB has raised $9.5 million in a strategic funding round to expand the DeFi ecosystem on Bitcoin
#crypto #blockchain #bitcoin
π¬π§ #BTC #mining
British oil and gas company Union Jack Oil and its partners have signed an agreement with 360 Energy to deploy Bitcoin mining facilities at the West Newton gas field, which will be powered by locally sourced natural gas
#crypto #blockchain #bitcoin
π #ETH
The Block: Consensys-backed DEX Etherex has launched its native token on the Linea network
#crypto #blockchain
πΊπΈ #COIN #USDC
Cointelegraph: Coinbase will introduce a 0.1% fee for exchanging USDC to USD for amounts exceeding $5 million
#crypto #blockchain
π #AAVE
PeckShieldAlert: A phishing site targeting fund theft is ranking first in Google search results for "Aave"
#crypto #blockchain
β΄οΈ #BTC #ETH #BNB
Binance published its 33rd Proof of Reserves report as of August 1st: BTC reserves increased by 2.99% to 591k, ETH decreased by 9.84% to 4.555 million, and USDT increased by 0.87% to 29.85 billion
#crypto #blockchain #bitcoin
π€ #POL #MNT #ETH #ai
SoSoValue: The crypto market is showing mixed dynamics: the AI sector has fallen by almost 2%, while the Layer-2 sector has risen by 1.37% (POL +8.13%, MNT +8.39%). ETH briefly exceeded $3700, and BTC recovered to $114,000
#crypto #blockchain #bitcoin
π #SOL #memecoins
The creator of the Trollface meme stated he will not participate in the namesake memecoin on Solana and does not intend to pursue legal action against it, calling the capitalist nature of cryptocurrencies an impediment to art
#crypto #blockchain
π #ETH
An address reportedly belonging to DFG founder James Wo transferred 3,634 ETH (~$13.3 million) held for over two years to exchanges, with a potential profit of ~$7.8 million
#crypto #blockchain
π #JUP
Jupiter has announced the launch of the Jupiter Plugin β a customizable, open-source plugin that allows integrating swap functionality into applications without using RPC
#crypto #blockchain
π #SOL
Orca DAO has proposed staking 55,000 SOL to its validator and launching a two-year token buyback program for ORCA tokens, which may be burned or used for rewards and grants
#crypto #blockchain
βοΈ #ATOM #ETH
Cosmos Health (COSM) will raise $300 million to purchase Ethereum for its balance sheet, following which its shares rose by 18%
#crypto #blockchain
π¬π§ #BTC #venture
The Block: British Bitcoin treasury company Satsuma has raised $218 million in a funding round backed by ParaFi and Kraken
#crypto #blockchain #bitcoin
π€ #XRP
CoinDesk: Korean crypto custodian BDACS has launched support for XRP through a partnership with Ripple
#crypto #blockchain
β΄οΈ #BTC
Semler Scientific (SMLR) announced its intention to double the amount of Bitcoin on its balance sheet to 10,000 BTC by the end of 2025
#crypto #blockchain #bitcoin
πΊπΈ #BNB #venture
American CEA Industries has raised $500 million to adopt BNB as its primary treasury reserve. The company will rebrand as BNB Network Company (BNC), and former Galaxy Digital co-founder David Namdar will become its new CEO
#crypto #blockchain
π #SOL
CoinDesk: Upexiβs Solana reserves have surpassed 2 million tokens
#crypto #blockchain
πΈ #BTC
According to Galaxy Digitalβs Q2 financial report, the company added 4,272 BTC, bringing its total holdings to 17,102 BTC. Net revenue totaled $30.7 million, while cash and stablecoin reserves reached $1.2 billion
#crypto #blockchain #bitcoin
π #COIN
Cointelegraph: Coinbase plans to sell $2 billion in bonds to fund a share buyback and new acquisitions
#crypto #blockchain
π #ETH #LDO
The Block: Linea, a Layer-2 network built with support from Consensys, will automatically direct ETH transferred to the network into staking via Lido to generate yield
#crypto #blockchain
β΄οΈ #BTC
A transfer of 108 BTC (~$12.42 million) has been recorded from a long-dormant whale address to a wallet associated with Wintermute
#crypto #blockchain #bitcoin
π #AAVE
As part of its buyback program, Aave DAO has purchased 70,000 AAVE for $15.7 million since April, resulting in an unrealized profit of $2.6 million
#crypto #blockchain
π #SOL
Development Corp. (DFDV) announced the purchase of 110,466 SOL (~$18.4 million) at an average price of $166.61 per token
#crypto #blockchain
π #ETH
Ether Machine has acquired an additional 10,600 ETH to its balance, and its CEO stated an optimistic outlook on the long-term prospects of the asset
#crypto #blockchain
π #TON #venture
Verb Technology Co. has raised ~$558 million from Kingsway Capital in a private placement to form the first publicly traded company with a financial strategy for the TON network
#crypto #blockchain
π #XMR #mining
Cointelegraph: An attempt at a 51% attack on the Monero network was thwarted by an alleged DDoS attack on the Qubic mining pool
#crypto #blockchain