Crypto

Ether eyes $6,000 as exchange supply falls; Justin Sun sues Bloomberg, seeks temporary restraining order: Hodler’s Digest Justin Sun, founder of the Tron blockchain, has sued Bloomberg and sought a temporary restraining order, alleging it published false and private financial information in its billionaires list. Suns representatives said on Tuesday in a blog post by Tron that his profile on the Bloomberg Billionaires Index released on Monday had published inaccurate data that dramatically and dangerously misrepresents Mr. Suns assets. Sun sued Bloomberg in a Delaware federal court on Monday, asking a judge to stop it from publishing the information, claiming the action was to prevent the outlet from recklessly and improperly disclosing his highly confidential, sensitive, private, and proprietary financial information. Read more

Ether eyes $6,000 as exchange supply falls; Justin Sun sues Bloomberg, seeks temporary restraining order: Hodler’s Digest SharpLink Gaming, an online gaming company with the second-largest corporate Ether treasury, announced a net loss of $103 million for the second quarter of 2025, driven by a paper loss from accounting for liquid staked Ether (LsETH). The loss marks a steep drop from a $500,000 loss in the same period of 2024 a year-over-year change of -25,980%. According to a Friday announcement, SharpLink now holds 728,804 Ether worth approximately $3.5 billion at this writing. The only publicly traded company with more ETH is BitMine Immersion Technologies, which holds a little more than 1.15 million ETH worth approximately $5.1 billion. Of SharpLinks Q2 loss, $87.8 million or 85% is related to the companys LsETH. A SharpLink representative told Cointelegraph that the company still has all its LsETH and that the impairment reflects accounting rules, not a sale or loss of ETH. Read more

Withdrawals and trading for Monero (XMR) on the Kraken exchange remain open, and deposits will resume once it is safe, the exchange said. Crypto exchange Kraken has temporarily paused Monero (XMR) deposits due to the ongoing 51% attack against the privacy-focused blockchain, which has compromised the security of the network. A 51% attack occurs when one mining pool controls more than 50% of a blockchain network’s total hashing power, giving it the ability to double-spend and reorder transactions on the ledger. The Kraken exchange wrote on Friday: Qubic, a layer-1 AI-focused blockchain and mining pool, claimed it controlled the majority of Monero’s hashrate on Monday and reorganized six blocks, prompting denials of the attack from the Monero community. Read more

Bitcoin analyst and investor Mark Moss argues that Bitcoin treasury companies are positioning themselves for history’s biggest wealth transfer, following a sophisticated playbook for capturing value and managing volatility. In other words: “using gas pipes to fund your electric future.” Bitcoin treasury companies: history’s most obvious abritrage He compares Bitcoin treasury companies (firms holding large […] The post Bitcoin treasury companies are ‘using gas pipes to fund your electric future’: Analyst appeared first on CryptoSlate.

The current capital reserve requirements and rules make holding cryptocurrencies too costly for banks, limiting the sector's growth. Capital requirements for banks from by the Basel Committee on Banking Supervision (BCBS), which crafts banking standards, create a “chokepoint,” designed to throttle the growth of the crypto industry, according to Chris Perkins, president of investment firm CoinFund. The current capital rules lower a bank’s return on equity (ROE), a critical profitability metric in banking, by forcing higher reserve requirements for holding crypto, making crypto-related activities too expensive for banks, Perkins told Cointelegraph. “It's a different type of chokepoint, in that it's not direct. It's a very nuanced way of suppressing activity by making it so expensive for the bank to do activities that they’re just like, ‘I can't,’” he added. If I have a certain amount of capital I want to invest, I'm going to invest it in high ROE businesses, not low ROE businesses,” he continued. Read more

"We’re excited to welcome Bitpanda to our Arsenal family as the latest global brand to join our diverse stable of partners," the club's CCO said.

Crypto exchange Kraken has announced the suspension of Monero (XMR) deposits following a confirmed 51% attack on the network on August 12. The attack was linked to the Qubic mining pool, which managed to control over half of Monero’s hashrate, peaking at 2.6GH/s. This dominance allowed Qubic to conduct a six-block deep reorganization of Monero’s […] The post Kraken suspends Monero deposits after 51% attack appeared first on CryptoSlate.

ETF inflows and institutional demand are driving Bitcoin’s rise, Canary Capital CEO Steven McClurg said—but he's bearish on Ethereum.

Ethereum’s latest attempt to push past its all-time high of $4.8K has faltered, leading to a painful correction. Despite this setback, the asset remains supported by multiple key levels, with heightened volatility likely as the market consolidates. Technical Analysis By ShayanMarkets The Daily Chart Ethereum buyers recently tested the $4.8K ATH but were met with […]

The crypto industry is set to experience massive growth in the United Arab Emirates (UAE) due to its pro-tech and business regulations. The crypto sector in the United Arab Emirates (UAE) is on track to become its second-largest industry in the next five years, due to the country’s regulatory policies and attractive business environment, according to Chase Ergen, a board member of publicly traded digital asset investment firm DeFi Technologies. “They have a reputation for leadership, legislation, and community,” Ergen told Cointelegraph in an interview. He also predicted: The country has a clear crypto regulatory framework, a community of key crypto industry executives, a debt-free economy that allows the government to funnel surplus into tech investments, low crime, attractive tax policies, and forward-thinking leadership, Ergen added.  Read more

CoinMetrics warned that the financial performance of corporate ETH treasuries could affect Ethereum's overall network health.

Once a punchline among NFT fans, Moonbirds are flying high again. Here's why holders are feeling "birbish" right now.

Coinbase lost market dominance despite leading MoM volume growth, amidst mounting competitive pressures from other global exchanges.

The company said its net revenue for the first six months of 2025 was $67.9 million, against a net loss of $282.5 million.

Rick Rieder cited strong earnings, high yields and low volatility as drivers of today’s favorable investing climate, while warning complacency remains a risk.

Digital Currency Group countersues bankrupt subsidiary Genesis for $1.1B demanding promissory note relief and $105M overpayment recovery as Genesis pursues $3.1B damages following Three Arrows Capital collapse. The post DCG Countersues Genesis for $1.1B After Subsidiary Claims $3.1B Damages appeared first on Cryptonews.

Spot Ethereum ETFs record $59.3M outflows ending unprecedented 8-day buying streak that brought in $3.7B as BlackRock accumulates $1B during market selloff with ETH approaching all-time high. The post Spot Ethereum ETFs Post $59M Outflows, Breaking 8-Day $3.7B Buying Streak appeared first on Cryptonews.

Grayscale is pushing ahead with its bid to launch a Dogecoin exchange-traded fund, revealing the ticker “GDOG” in its latest SEC filing. The post Grayscale Moves Forward With Dogecoin ETF Plan Under Ticker ‘GDOG’ appeared first on Cryptonews.

Bitcoin Standard Treasury Co.'s SPAC deal combines fiat financing and a bitcoin-denominated PIPE, aiming to debut on the Nasdaq with over 30,000 BTC and an aggressive growth plan.

Without localized risk detection and public–private cooperation, illicit capital will continue to flow unchecked, and trust in the system will collapse. Opinion by: Slava Demchuk, co-founder and CEO of AMLBot Asia’s cryptoverse has lost more than 1.5 billion in the first half of 2025 — more than during 2024, including Bybit and pig butchering scams in Southeast Asia. Most engines are built around typologies of Western money laundering. They miss custom laundering channels tailored to each region, which are popping up across Asia. Blockchain analytics firms must build customized regional risk libraries and collaborate with local law enforcement to combat the level and caliber of cryptocurrency-enabled crime in Asia. Failure to address this means criminal funds will still be able to lurk in plain sight and subvert the very integrity of global compliance systems. Read more