Article written by Nola Robert

ARK Invest acquires over 4.4 million shares of Ethereum treasury firm

1 min read

Cathie Wood’s Ark Invest has made a significant move by acquiring over 4.4 million shares of Bitmine Immersion Technologies (BMNR), a company focused on Ethereum treasury management and led by Tom Lee, the founder and CIO of Fundstrat. This acquisition was disclosed in a trade report dated July 21 and was distributed across several of Ark’s exchange-traded funds (ETFs). The flagship Ark Innovation ETF (ARKK) received the largest portion, around

HTX DAO Completes Over $22.17 Million $HTX Token Burn in Q2 2025, Advancing Decentralized Governance

2 mins read

HTX DAO announced the successful completion of its $HTX token burn for Q2 2025 on 15 July. This initiative is a core component of HTX DAO’s ongoing strategy to implement its deflationary mechanism, aiming to enhance the long-term value of $HTX while fostering more stable value expectations for token holders and the broader community. Token Burn to Enhance $HTX Value On-chain data confirms the destruction of 11,796,322,511,974.72 $HTX tokens, valued at over

Vitalik Buterin reveals a new Ethereum roadmap to boost Layer 2 security and finality

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Vitalik Buterin, co-founder of Ethereum, has unveiled a new roadmap aimed at enhancing the security and efficiency of Layer 2 (L2) solutions. This plan emphasizes scalability while maintaining Ethereum’s core principles of decentralization and trustlessness. A significant aspect of the roadmap is the introduction of a “2-of-3” proof model. This model utilizes three types of provers: optimistic, zero-knowledge (ZK), and trusted execution environments (TEE). A transaction is deemed final when

World Network is in early talks with Visa to launch a stablecoin wallet

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World Network, formerly known as Worldcoin, is in early talks with Visa about creating a stablecoin wallet. This partnership aims to integrate crypto payments into Visa’s extensive global network. The discussions were initiated by Tools for Humanity, the company behind World Network. The goal is to develop a wallet that functions like a “mini bank account.” This wallet would include features like fiat on-ramps, foreign exchange capabilities, and on-chain card

Tether is in talks with Big Four firms for a third-party audit as stablecoin regulations tighten

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Tether, the company behind the largest stablecoin, is in talks with a Big Four accounting firm for a third-party audit. CEO Paolo Ardoino confirmed that these discussions are to meet new U.S. stablecoin regulations. These regulations will require independent audits for stablecoin issuers in the U.S. market. Ardoino stated that getting an audit is a top priority. There is growing interest from the U.S. government in stablecoins, especially after former

Strategy now holds 2.55% of Bitcoin’s circulating supply

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Strategy has significantly increased its Bitcoin holdings, surpassing the 500,000 BTC mark. This makes it the largest corporate holder of Bitcoin. On March 24, the company purchased 6,911 BTC for $584.1 million. The average price paid was $84,529 per coin. With this latest purchase, Strategy now holds a total of 506,137 BTC. The total investment in Bitcoin amounts to $33.7 billion, with an average cost of $66,608 per coin. The

Coinbase introduces Verified Pools

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Coinbase has launched Verified Pools, a new service aimed at institutional traders. This service provides a secure and efficient on-chain liquidity solution. Verified Pools offer high liquidity while ensuring strict identity verification, including KYC and sanctions screening. This compliance is crucial for addressing common concerns of institutional investors, such as counterparty risk and regulatory issues. Unlike traditional liquidity pools, which may lack security for large investors, Coinbase’s Verified Pools require

Creator of the controversial LIBRA coin is tied to the WOLF token

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Hayden Davis, known for creating the controversial LIBRA meme coin, is now linked to a new token called WOLF. Blockchain analysis by Bubblemaps shows that 82% of WOLF’s supply is controlled by a small number of wallets, raising concerns about insider manipulation. This connection comes as Argentine authorities investigate Davis for his role in the LIBRA scandal. WOLF was launched around the same time rumors spread that Jordan Belfort, the

A U.S. court approves Three Arrows Capital’s request to raise its FTX bankruptcy claim to $1.53 billion

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Three Arrows Capital (3AC) has achieved a significant legal victory in its case against FTX. A U.S. bankruptcy court has approved 3AC’s request to raise its claim in FTX’s bankruptcy from $120 million to $1.53 billion. This increase is based on new evidence showing that 3AC had much larger financial dealings with FTX than previously reported. The expanded claim includes allegations of breach of contract, breach of fiduciary duty, and

Bitcoin (BTC) back to $80K

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On another Sunday, the cryptocurrency market is experiencing a selloff. Bitcoin (BTC) is struggling and is close to its 2025 low of around $78,000. Bitcoin dropped to $80,000, a 7% decrease in the last 24 hours. It slightly recovered to $80,700 later. Other cryptocurrencies like Ether (ETH), Solana (SOL), and XRP also saw similar declines, while Cardano (ADA) and Dogecoin (DOGE) fell by nearly 12%. In a Fox News interview,

China imposes new tariffs on Canadian goods

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China has announced new tariffs on Canadian imports, escalating a trade dispute between the two countries. This decision is a response to earlier tariffs that Canada placed on Chinese goods. The new tariffs will start on March 20, 2025, and will include a 100% tariff on rapeseed oil, oil cakes, and peas, along with a 25% tariff on aquatic products and pork. The trade conflict began when Canada imposed tariffs

Bitcoin Reserve Bill SB21 Passes in Texas Senate

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On March 6, 2025, the Texas Senate passed the Bitcoin Reserve Bill SB21. This bill allows Texas to hold Bitcoin as part of its financial reserves. It received strong support from lawmakers who favor cryptocurrency. This decision is a big step towards using digital assets in state finances. With SB21, Texas becomes a leader in Bitcoin adoption. The state can now invest some of its reserve funds in Bitcoin. This