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Author: John Smith
Smarter Web Company has issued a Bitcoin-denominated bond convertible into its shares. Summary Smarter Web Company issues $21M bond denominated in Bitcoin. Bond will be convertible into the company’s shares or BTC. TOBAM already bought the full amount, but the company plans to issue more. Bitcoin (BTC) is increasingly getting attention among global tradFi firms. On Wednesday, August 6, Smarter Web Company issued “Smarter Convert,” a $21 million convertible bond denominated in Bitcoin, in cooperation with French investment firm TOBAM. The UK-listed company has already entered into an agreement with TOBAM for the purchase of the $21 million bond. However,…
The crown of the most valuable cryptocurrency in 2025 cannot just be given to one currency, as many may have a claim to this title. There are many cryptocurrencies that have robust communities, practical applications, and enormous upside potential, according to investors. Summary With compelling stories in decentralized finance and artificial intelligence, HYPE and TAO are predicted to rank among the most valuable cryptocurrencies in 2025. If regulatory certainty persists, XRP may experience a breakout as it is regaining institutional momentum. There is still a lot of room for growth for meme coins like SHIB, PEPE, and BONK, particularly if…
China’s national security agency is calling out the growing trend of projects collecting sensitive biometric data like iris scans in exchange for digital assets. Summary China’s national security agency has raised alarm over biometric data collection by Worldcoin-like projects. Worldcoin, co-founded by OpenAI CEO Sam Altman, has often faced scrutiny over the nature of its operations. The WLD token is down significantly in the past year and roughly 90% from its all-time high. In a public advisory issued through its official WeChat account on August 6, China’s Ministry of State Security (MSS) warned that facial, fingerprint, and iris data are…
Mantle staged a strong rally on Aug. 6, driven by surging network activity and large ETH reserve backing, while the broader crypto market remained under pressure from macroeconomic headwinds. According to data from crypto.news, Mantle (MNT) shot up 20% to… Source link
Changpeng “CZ” Zhao has asked a U.S. bankruptcy court to dismiss FTX’s $1.76 billion clawback lawsuit, claiming the court lacks jurisdiction over a foreign resident involved in offshore transactions. Summary CZ seeks dismissal of FTX’s $1.76B clawback suit, citing lack of U.S. jurisdiction. The disputed 2021 share deal involved offshore entities and foreign transfers. Motion claims U.S. bankruptcy law doesn’t apply; ruling is still pending. The request was filed on Aug 4 in the Delaware bankruptcy court, according to a report by Bloomberg Law. The lawsuit centers on a July 2021 share repurchase deal between FTX and Binance, in which…
Base, Coinbase’s Ethereum layer-2 blockchain, experienced a 33-minute network outage on Aug. 5 after a faulty sequencer transition halted block production. Summary Base’s block production paused for 33 minutes on August 5 due to a misconfigured sequencer. The outage was resolved manually, with infrastructure upgrades now underway. Other recent outages include Hyperliquid and TON, showing scalability scaling risks. A bug in Conductor, an OP (OP) Stack component that oversees Base’s high-availability sequencer cluster, was the root cause of the incident. According to a postmortem released by the Base team, the sequencer handoff mechanism chose a backup node that wasn’t fully…
SharpLink Gaming, once known as a sports betting affiliate technology provider, has rebranded itself to become the world’s largest corporate holder of Ether. SharpLink today is perhaps the most recognizable publicly traded Ethereum (ETH) treasury vehicle. In one of his first ever interviews since becoming Sharplink’s co-CEO, Joseph Chalom discusses the rationale behind this strategic overhaul, why Ethereum was chosen over other assets, and how the company plans to activate its ETH beyond simple buy-and-hold. The pivot was led by a $425 million private placement led by ConsenSys, founded by Ethereum co-creator Joseph Lubin, who also chairs SharpLink’s board of…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Pepeto raises $5.9m in presale, blending meme power with real utility, echoing SHIB’s explosive early days. Summary Pepeto raises $5.9m in presale, offers SHIB-like gains with real utility. With 100k+ backers and Binance listing talks, Pepeto targets 1,000x breakout. PepetoSwap and cross-chain tools set new standard for meme token growth. In 2021, Shiba Inu (SHIB) skyrocketed over 26,000%, turning small investments into life‑changing fortunes. Many believed that kind of rally would never happen again, but the memecoin market is…
Sui crypto price took a steeper hit than major peers, dropping nearly 5% as traders cashed in on recent gains. With Bitcoin dominance climbing and altcoin volume shrinking, the pullback reveals fading risk appetite in a jittery market. Summary SUI fell nearly 5% on August 5, outpacing broader market losses as Bitcoin dominance climbed to 61.4%. The drop follows a $162 million token unlock and signals fading risk appetite amid macro uncertainty. Despite strong fundamentals, SUI has lost over 20% this month. On August 5, Sui (SUI) lost 4.71%, falling from a daily high of $3.61 to exchange hands at…
On July 30, 2025, Ethereum marked its 10-year anniversary — a decade of pushing Web3 forward with breakthroughs like smart contracts and decentralized finance. And it’s still going strong. Thanks to its mature developer ecosystem, ongoing scalability improvements, and growing institutional adoption, Ethereum’s influence isn’t fading anytime soon. So what’s next for Ethereum over the next five years? And what could the ETH price in 2030 look like? Let’s explore the possibilities in our Ethereum price prediction 2030. Summary Ethereum celebrated its 10-year anniversary in July 2025 and remains a key player in Web3, DeFi, and NFTs. As of August…