Parataxis Holdings is merging with SilverBox Corp IV in a special purpose acquisition that includes the formation of a NYSE-traded Bitcoin treasury company worth $640 million. Summary Parataxis and SilverBox Corp IV are merging to form a Bitcoin Treasury targeting U.S. and South Korea markets. News of the merger boosted the stock price of SilverBox…
Curve Finance has officially launched on Etherlink, marking a major milestone in connecting Tezos with the wider Ethereum-compatible decentralized finance ecosystem. Summary Curve Finance launched on Etherlink on Aug. 7, bringing stablecoin liquidity to Tezos’ Layer 2. The deployment is part of Etherlink’s $3M Apple Farm Season 2 rewards initiative. Etherlink continues growing post-mainnet with…
Ethereum was trading at $3,658 at press time, posting a 2.2% gain over the last 24 hours as on-chain metrics show a surge in transaction activity. Summary Ethereum is trading at $3,658, up 2.2% on the day but down 4.7% over the week. Daily Ethereum transactions hit 1.87M on Aug. 6, nearing record highs. Technical…
Babylon Labs has introduced a breakthrough in decentralized finance with the launch of trustless Bitcoin vaults. Summary Babylon launched trustless Bitcoin vaults on Aug. 6, enabling native BTC to interact with DeFi without bridges or custodians. Vaults use BitVM3 and zero-knowledge proofs to enforce smart contract logic while BTC remains on-chain. The feature expands BTC’s…
Orca DAO has introduced a new treasury proposal designed to strengthen the Orca protocol through Solana staking and long-term token buybacks. Summary Orca DAO plans to stake 55K SOL and repurchase ORCA over a 24-month period. Repurchased tokens may be burned, used for staking rewards, or granted to ecosystem projects. The initiative seeks to reduce…
Bakkt plans to convert a traditional Japanese firm into a Bitcoin investment vehicle. Marusho Hotta, a little-known Tokyo Stock Exchange company, is set for a radical makeover as Bakkt takes a 30% stake, installs its own CEO, and rebrands it as bitcoin.jp. Summary Bakkt will acquire a 30% stake in Tokyo-listed Marusho Hotta, installing its…
MetaMask has added native support for Sei in a strategic collaboration that will see users benefit from a new cross-chain swaps and asset bridge. Summary MetaMask Wallet has integrated Sei, enabling cross access to decentralized applications, games and tokens. Sei has seen notable ecosystem growth, with total value locked and daily transactions rising. Integration brings…
After months of underperformance, Ethereum is starting to turn around on institutional interest. Summary Ethereum outperformed Bitcoin in the last 90 days Institutional interest was the main driver of Ethereum’s rise BitMine recently became the largest ETH holder Institutions are no longer just looking at Bitcoin (BTC) when it comes to crypto treasuries. Ethereum (ETH)…
The iShares Bitcoin Trust stock pulled back to a crucial support level as Bitcoin price lost momentum. Summary The IBIT ETF has pulled back this month, mirroring the performance of Bitcoin. A technical analysis on Bitcoin points to an eventual IBIT rebound. BTC has formed a bullish flag and a break-and-retest pattern. The IBIT ETF…
Roman Storm’s trial ended with a partial victory for prosecutors, but not the sweeping condemnation they sought. Convicted of running an unlicensed money transmitter, he avoided a more damning outcome as jurors couldn’t agree on whether Tornado Cash was a tool for criminals or simply privacy-conscious code. Summary Roman Storm was convicted of operating an…
