SharpLink marches ahead with its Ether strategy, bagging $264 million of ETH, raising its total staked ETH holdings to 521,939 ETH. Digital asset investment firm SharpLink added another haul of Ether to its balance sheet, bringing its overall ETH holdings to almost $2 billion. On Tuesday, the company said it bought 83,562 Ether (ETH) worth $264.5 million at an average price of $3,634. The purchases, made between July 28 and Aug. 3, brought the company’s total ETH holdings to 521,939 ETH, worth $1.91 billion at current market prices. The company said that all of its ETH holdings are staked, allowing it to earn from Ethereum’s native proof-of-stake consensus mechanism. According to SharpLink, its cumulative staking rewards have reached 929 ETH, worth over $3.3 million. Read more
Users of Clanker, an AI-powered memecoin generator, have created over 355,000 tokens and earned over $34.4 million in fees amid rising AI agent adoption. Clanker, a decentralized application (DApp) built around an artificial intelligence agent that creates memecoins based on prompts, has generated over $34.4 million in fees, according to blockchain data. According to the “Clanker Fees” Dune data dashboard, the liquidity pool fees earned by Clanker have reached $34,417,863. The daily fees peaked on Nov. 26, 2024, at $1.1 million earned in a single day. Clanker’s official website showed 355,179 live “clankers,” referring to tokens deployed through its AI agent. It also showed an ecosystem market cap of $172.3 million, and that $34.4 million of creator fees were earned through it. Read more
With the White House’s latest digital assets report, CCI chief Ji Kim says the US is finally stepping up to claim its place at the front of the global crypto race. A crypto lobby group claims that the US is back on track to lead the cryptocurrency industry after the White House’s latest crypto report called for the nation’s finance regulators to align on digital assets. The report, released last week, marks a possible end to the long-standing turf war between the Securities and Exchange Commission and the Commodity Futures Trading Commission over how to classify and regulate cryptocurrencies. “We’ve had legal precedent — Bitcoin, Ether and many other digital assets are much more akin to commodities,” said Ji Hun Kim, newly appointed CEO of the advocacy group Crypto Council for Innovation, in an exclusive interview with Cointelegraph. Read more
Galaxy Digital added over 4,200 BTC in the second quarter, helping the company return to profitability after a $295 million loss in Q1. Galaxy Digital reported a net income of $30.7 million for the second quarter of 2025, reversing the $295 million loss recorded in the previous quarter. The digital asset and infrastructure company cited gains in balance sheet holdings and a strong performance from its global markets division as key drivers of the recovery, according to a Tuesday news release. The quarter ended with Galaxy’s Bitcoin holdings increasing to 17,102 Bitcoin (BTC), valued at $1.95 billion. The company held 13,704 BTC at the end of the first quarter, suggesting that it added 4,272 BTC in Q2, the company disclosed in a financial supplement. Read more
With 19 EU member states backing it, the Chat Control proposal could mandate pre-encryption message scanning on apps like WhatsApp and Signal by October. A controversial European Union proposal dubbed “Chat Control” is regaining momentum, with 19 out of 27 EU member states reportedly backing the measure. The plan would mandate that messaging platforms, including WhatsApp, Signal and Telegram, must scan every message, photo and video sent by users starting in October, even if end-to-end encryption is in place, popular French tech blogger Korben wrote on Monday. Denmark reintroduced the proposal on July 1, the first day of its EU Council presidency. France, once opposed, is now in favor, Korben said, citing Patrick Breyer, a former member of the European Parliament for Germany and the European Pirate Party. Read more
Coinbase plans to raise over $2 billion in a dual-tranche offering to fund future investments and stock buybacks. Coinbase may become the first company in the S&P 500 index to acquire Bitcoin from the proceeds of a private note offering, signaling further capital migration from traditional markets into digital assets. Coinbase, the world’s third-largest cryptocurrency exchange, announced Tuesday a $2 billion convertible senior note offering for “qualified institutional buyers,” with $1 billion worth of notes due 2029 and $1 billion due 2032. “The notes will be senior, unsecured obligations of Coinbase and will accrue interest payable semi-annually in arrears,” the company said in the filing. The interest rate and conversion terms will be determined upon final pricing. Read more
Chainlink co-founder Sergey Nazarov said the Chainlink Runtime Environment could be as transformative as the Ethereum Virtual Machine. Chainlink co-founder Sergey Nazarov said the recently launched Chainlink Runtime Environment (CRE) may have a transformative effect on the blockchain industry like that of the Ethereum Virtual Machine (EVM). In a YouTube video published on Monday by Chainlink, Nazarov said the CRE “can have the same impact that the EVM had on the blockchain industry.” The EVM, introduced by Ethereum, enabled Turing-complete smart contracts, which reduced development time to weeks from months by allowing developers to use loops and state-based operations, capabilities unavailable in Bitcoin Script. Nazarov said the smart contract development ecosystem is complex and has become a web of interconnected on- and offchain systems. Chainlink’s CRE, he said, adds a layer of abstraction that makes managing this complexity easier for developers. Read more