Category: Crypto News
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Bitcoin treasury troubles reach London as company votes to sell its entire BTC stack and delist
Satsuma Technology passed its final proxy deadline today for its proposal to sell its entire Bitcoin treasury and cancel its London Stock Exchange listing, This leaves the upcoming July 20 general meeting as the next decision point. Approval of both resolutions would start a process to sell all its Bitcoin, return net cash and cancel…
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Did Trump Break His Promise?
The US government also transferred some ETH to the exchange. According to data coming from Arkham Intelligence, wallets linked to the United States government have moved almost $300 million in bitcoin and ether to Coinbase Prime, reigniting concerns that Washington could be preparing to sell part of its massive BTC stash despite Trump’s previous…
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Aave Brings V4 to Avalanche as Tokenized Asset Market Grows
Decentralized lending protocol Aave has launched V4 on Avalanche, marking the first expansion of its latest lending infrastructure beyond Ethereum and setting the stage for future lending markets backed by tokenized real-world assets. The deployment introduces Aave V4’s Hub & Spoke architecture, which allows specialized lending markets to operate with their own collateral requirements and…
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Bitcoin Gets Second Inflation Boost as US PPI Sparks Three-Week Highs
Bitcoin (BTC) saw three-week highs on Wednesday as US inflation data beat expectations for a second day. Key points: Bitcoin sees copycat bullish price action as US inflation data cools for a second day running. Risk assets get a more positive outlook as Fed rate-cut odds drop. Traders stay conservative over Bitcoin’s ability to continue…
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Ostium Pauses Trading After Apparent Oracle Exploit Targets OLP Vault
Decentralized trading protocol Ostium paused trading Wednesday after blockchain security firms Blockaid and CertiK reported an apparent exploit of its OLP liquidity vault. Blockaid estimated the exploit resulted in roughly $18 million in losses, while CertiK placed the figure at about $22 million. Both firms attributed the incident to an apparent compromise of Ostium’s oracle…
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Anchorage Expands TRON Support with Institutional TRX Staking
Digital asset custodian Anchorage Digital has added native TRX staking for institutional clients, expanding its support for the Tron blockchain as demand for regulated access to staking services grows. The launch expands Anchorage’s support for Tron after introducing institutional custody for TRX, the network’s native token, earlier this year. Clients can now stake TRX directly…
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Solana Community Lead Enters UK By-Election With Onchain Transparency Pledge
Stephen “Cap” Newnham, who leads the Solana community group Superteam UK, said he will run as an independent candidate in the Aug. 13 parliamentary by-election in Clacton against Reform UK leader Nigel Farage. On Tuesday, Newnham outlined five campaign pledges, including support for local entrepreneurs, digital and artificial intelligence education, financial literacy in schools and…
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Is Robinhood Chain’s Success Bullish or Bearish for ETH?
Robinhood Chain’s explosive launch this month has reignited one of Ethereum’s longest-running debates: Do successful layer-2 networks increase demand for ETH, the asset, or do the new entrants capture all of the value for themselves? The retail brokerage’s Arbitrum-based Ethereum L2 has become one of Ethereum’s busiest rollups since its launch on July 1. More…
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Here’s What It Means for Crypto Payments
Key Takeaways Stripe and Advent bid $60.50 a share for Paypal per Bloomberg, valuing the fintech above $53 billion. The offer is backed by roughly $50 billion in committed bank financing, with the pair holding equal stakes. A deal would put Paypal’s PYUSD stablecoin under the roof of Stripe, owner of the Tempo blockchain. A…
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Dragonfly Pushes Back on DeFi AI ‘Hackpocalypse’ Fears
Fears that artificial intelligence would trigger a wave of catastrophic decentralized finance (DeFi) hacks in what was coined as a “hackpocalypse” have not materialized, according to Dragonfly managing partner Haseeb Qureshi. While the incident count grew to a record high, the median size of hacks has dipped below $500,000 this year, down from over $2…
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