Crypto

Ripple’s price has been stuck in consolidation for the past few weeks without establishing a clear trend against both USDT and BTC. At the moment, it is sitting at a crucial level that could dictate the next major move, potentially sparking a strong breakout in the near term. Technical Analysis By Shayan The USDT Pair […]

Crypto majors are green and recovering coming out of the long holiday weekend, with Bitcoin touching $110,000 Tuesday morning.

Michael Saylor’s Strategy announced a $449 million Bitcoin purchase made last week, bringing total BTC buys in August to just 7,714 BTC. Michael Saylor’s Strategy, the world’s largest public company holding Bitcoin, purchased more BTC as the price slipped below $108,000 last week. Strategy acquired 4,048 Bitcoin (BTC) for $449.3 million between Aug. 25 and Monday, according to a US Securities and Exchange Commission filing on Tuesday. Strategy’s latest Bitcoin purchase was made at an average price of $110,981 per BTC, as the crypto asset briefly surged above $113,000 and subsequently dropped below $108,000 on Friday, according to CoinGecko. Read more

BONK consolidates after sharp swings, with unlock dynamics shaping investor sentiment

Led by Michael Saylor, the company bitcoin stack has grown to 636,505 coins worth about $70 billion.

Kite AI raised $18 million in a Series A round led by PayPal Ventures, bringing its total funding to $33 million to build decentralized infrastructure for AI agents in web3. Decentralized AI infrastructure provider Kite AI raised $18 million in its Series A funding round led by PayPal Ventures, bringing total cumulative funding to $33 million. According to an announcement shared with Cointelegraph on Tuesday, other investors in the company include 8VC, Samsung Next, SBI US Gateway Fund, Vertex Ventures, Hashed, HashKey Capital, Avalanche Foundation, LayerZero, Animoca Brands and more. In February, Kite launched the testnet of its AI-centric layer-1 blockchain, based on Avalanche (AVAX), aiming to enhance scalability and data processing while providing centralized coordination for artificial intelligence (AI) workflows. Kite aims to leverage distributed infrastructure to power agentic AI infrastructure, envisioning AI agents as a new user category in the Web3 ecosystem. AI agents are autonomous software progra...

Ethereum-focused firm The Ether Machine secured $654 million in private financing from Jeffrey Berns, aiming to go public with over 495,000 ETH on its books. Crypto company The Ether Machine secured $654 million in a private financing round, collecting 150,000 Ether from prominent Ethereum advocate Jeffrey Berns. The funds will be transferred to the company’s wallet later this week, according to a Tuesday report by Reuters. Berns, known for his early investments in Ethereum infrastructure and Web3 initiatives, will join the board of directors. The raise is part of the company’s broader strategy to build a substantial Ether (ETH) treasury ahead of its anticipated Nasdaq debut later this year. Read more

The DEX has paused all smart contract activity on its network and is “actively investigating” the attack, it said in a statement.

The Japanese exchange is expanding its global reach with a deal planned to close in October, joining a wave of other crypto acquisitions.

The think tank argues that lax crypto regulation leaves Ukraine vulnerable to criminals, sanctions evasion and budget shortfalls.

ESMA’s executive director said tokenization could transform markets but warns of risks and the need for safeguards.

U.S. stocks are flashing signs of investor euphoria even as crypto markets remain subdued, raising the risk of a spillover correction.

WLFI token holders are voting on a proposal to use liquidity fees for buybacks and burns, as the token slides on initial trading.

Ethereum’s largest testnet, Holešky, will be sunset in the coming weeks after two years of rigorously testing Ethereum’s most important network upgrades. Ethereum’s largest testnet, Holešky, will sunset as part of a planned shutdown and migration to the Hoodi testnet following several technical issues earlier in the year. The foundation said Monday that Holešky will be shut down two weeks after the Fusaka upgrade is finalized on the network. The upgrade is proposed for sometime in the second half of September. “After this, Holešky will no longer be supported by client, testing or infrastructure teams,” it said. While the exact date isn’t clear, Ethereum core developers are looking to launch Fusaka on mainnet in November — so it must happen well before then. Read more

Decentralized exchanges (DEX) processed a combined $1.15 trillion in spot and perpetual contract volumes during August, marking the first time monthly DEX activity surpassed the $1 trillion threshold. According to DefiLlama data, spot DEX volumes reached $506.3 billion in August, falling just $1.5 billion short of the all-time high of $507.8 billion recorded in January. […] The post Decentralized exchanges record $1.1 trillion in trading volume as perpetuals drive historic trading month appeared first on CryptoSlate.

Tokenized stocks, a new breed of digital assets mirroring the prices of listed companies, could give investors a false sense of ownership and undermine market confidence, according to a top European regulator. Natasha Cazenave, executive director of the European Securities and Markets Authority (ESMA), cautioned that many tokenized stock products being marketed in the European […] The post EU regulator warns tokenized stocks may mislead retail investors appeared first on CryptoSlate.

Russian experts expect the country’s crypto mining giants to go public in the foreseeable future, but say they must first overcome a range of obstacles. The post ‘Only a Matter of Time’ Before Russian Crypto Mining Giants Launch IPOs – Experts appeared first on Cryptonews.

An X user known as Princess Hypio said they lost $170,000 in crypto and NFTs to a scammer who infiltrated a Discord server and pretended to have mutual friends. Update Sept.1, 11:30 pm UTC: This article has been updated to include information from Halborn’s chief information security officer. Last month, crypto user and NFT artist Princess Hypio told her followers she lost $170,000 in crypto and non-fungible tokens after a scammer convinced her to play a game with them on Steam.  While she was “mindlessly” playing with the scammer, they were secretly stealing her funds and hacking her Discord. The same tactic was used on three of her other friends, she wrote in a post on Aug. 21 on X.  Read more

The native token of the oracle service that connects the real world to the blockchain is potentially preparing for a bullish breakout.

With the market cap at $3.85T, three cryptos — Bitcoin Hyper, Maxi Doge and Snorter — have already raised millions in presales. Each project combines strong fundamentals with viral appeal, setting up potential rallies once listings begin later in the year. The post 3 Cryptos to Turn $100 into $10,000+ – 1 September appeared first on Cryptonews.