Hong Kong-listed IVD Medical is diving headfirst into crypto, purchasing $19 million worth of Ethereum through licensed exchange HashKey. The move, marking one of the first by a publicly traded healthcare firm, signals a growing corporate appetite for digital assets beyond Bitcoin. Summary IVD Medical invests $19 million in Ethereum via licensed exchange HashKey, marking…
The Ethereum Foundation is doubling down on its support for Roman Storm, the Tornado Cash developer who now faces prison time after a partial conviction in federal court. Summary The Ethereum Foundation has pledged financial support for Roman Storm’s legal defense. Storm was recently found guilty of running an unlicensed money transmitting business. In an…
Industry experts believe that BlackRock could soon file to launch an XRP exchange-traded fund, following the latest resolution in Ripple’s legal battle with the U.S. SEC. Summary BlackRock may file for an iShares XRP ETF following Ripple’s case closure with the SEC. Grayscale, Bitwise, 21Shares and four other firms are seeking to launch an XRP…
Ethereum founder Vitalik Buterin reveals that, despite his immense crypto fortune, he still chooses to wash his own underwear by hand—a personal detail that offers insight into his unconventional approach to both wealth and daily life. Summary In a tirade against exorbitant hotel laundry room fees, ETH founder Vitalik Buterin said that rebelling against injustice,…
FLOKI is on the verge of a technical breakout, driven by its recent listing on the popular U.S. trading platform Robinhood. Summary FLOKI rose over 11% to $0.000118 on Aug. 8 after debuting on U.S.-based trading platform Robinhood. Whale holdings fell to 28.94 billion tokens from a monthly peak of 30.5 billion. Technical signals show…
Ethereum co-founder Vitalik Buterin has voiced support for public companies holding Ether as part of their treasuries, while cautioning against the dangers of excessive borrowing. Speaking in a Bankless podcast interview on Aug. 7, Buterin said that so-called Ethereum (ETH) treasury firms provide “valuable services” by giving more investors indirect access to the asset. He…
SharpLink Gaming has secured $200 million from institutional investors in a direct offering, setting the stage for what could become one of the largest ETH treasuries in the world, surpassing $2 billion in value, according to the company. Summary SharpLink Gaming raised $200M from institutional investors to boost its Ethereum treasury beyond $2B. The move…
U.S. stocks tied to Ethereum treasuries surged in pre-market trading today, driven by Ethereum’s 5.5% price rally and record highs in on-chain metrics. Here’s what this momentum might mean for Ethereum ETFs. Summary U.S. ETH-linked stocks, including SBET, BMNR, and BTCS, surged in pre-market trading today with gains up to 10%. The premarket enthusiasm is…
The SEC has clarified that certain liquid staking models do not constitute securities offerings, providing a clearer regulatory framework for Ethereum-based staking protocols. Summary The SEC’s Division of Corporation Finance issued a staff-level statement clarifying that properly structured liquid staking arrangements do not qualify as securities under federal law. Liquid staking models that rely on…
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…
