Browsing: btc news

Decentralized advertising platform Alkimi has fully integrated Sui’s blockchain and technology stack to bring ad delivery, verification, payments, and data management entirely onchain. Summary Alkimi leverages the full Sui Stack—Sui, Walrus, Nautilus, and Seal—to automate ad delivery, verification, payments, and data management onchain.Major brands like AWS, TikTok, Currys, and Polestar are already using Alkimi’s blockchain-powered ad platform.The announcement follows M

South Korean digital bank KakaoBank hopes to cement its place in the stablecoin market and is reportedly reviewing various entry strategies, including a potential won-pegged stablecoin. Summary KakaoBank is reviewing stablecoin issuance and custody services as part of its digital asset strategy.The banks initiative is being led by a group-wide Stablecoin Task Force involving KakaoPay and other affiliates. Local media outlet reports say KakaoBank’s chief financial off

Parataxis Holdings is merging with SilverBox Corp IV in a special purpose acquisition that includes the formation of a NYSE-traded Bitcoin treasury company worth $640 million. Summary Parataxis and SilverBox Corp IV are merging to form a Bitcoin Treasury targeting U.S. and South Korea markets.News of the merger boosted the stock price of SilverBox by 1.32% in the past day. In a recent press release, the two companies announced that the deal could provide up to $640 m

Babylon Labs has introduced a breakthrough in decentralized finance with the launch of trustless Bitcoin vaults. Summary Babylon launched trustless Bitcoin vaults on Aug. 6, enabling native BTC to interact with DeFi without bridges or custodians.Vaults use BitVM3 and zero-knowledge proofs to enforce smart contract logic while BTC remains on-chain.The feature expands BTCs role in DeFi and complements Babylon’s Bitcoin staking ecosystem. Announced via an Aug. 6 post on

Orca DAO has introduced a new treasury proposal designed to strengthen the Orca protocol through Solana staking and long-term token buybacks.  Summary Orca DAO plans to stake 55K SOL and repurchase ORCA over a 24-month period.Repurchased tokens may be burned, used for staking rewards, or granted to ecosystem projects.The initiative seeks to reduce supply, strengthen Solana alignment, and boost long-term protocol value. The proposal was posted to the Orca (ORCA) gover

Ethereum was trading at $3,658 at press time, posting a 2.2% gain over the last 24 hours as on-chain metrics show a surge in transaction activity. Summary Ethereum is trading at $3,658, up 2.2% on the day but down 4.7% over the week.Daily Ethereum transactions hit 1.87M on Aug. 6, nearing record highs.Technical indicators show neutral momentum, with price consolidating between $3,450 and $3,920. The price remains 30% higher than it was a month ago, even though it has

The xStocks platform has reached $2 billion in total trading volume, as trading in Tesla tokenized stock pushed it over the edge. Summary xStocks registered $2B in cumulative volume since launchThe platform partners with centralized and decentralized exchangesTokenized stocks are becoming a major Tokenized stocks are becoming increasingly popular among traders. On Wednesday, August 6, xStocks broke above $2 billion in cumulative trading volumes just over a month af

Roman Storm’s trial ended with a partial victory for prosecutors, but not the sweeping condemnation they sought. Convicted of running an unlicensed money transmitter, he avoided a more damning outcome as jurors couldn’t agree on whether Tornado Cash was a tool for criminals or simply privacy-conscious code. Summary Roman Storm was convicted of operating an unlicensed money transmitter in connection with Tornado Cash.A Manhattan jury deadlocked on more serious charges, i

The iShares Bitcoin Trust stock pulled back to a crucial support level as Bitcoin price lost momentum. Summary The IBIT ETF has pulled back this month, mirroring the performance of Bitcoin.A technical analysis on Bitcoin points to an eventual IBIT rebound.BTC has formed a bullish flag and a break-and-retest pattern. The IBIT ETF retreated to a low of $63.80 this week, down 8.40% from its highest point this year. It remains about 51% above its lowest level in 2025.SoS

After months of underperformance, Ethereum is starting to turn around on institutional interest. Summary Ethereum outperformed Bitcoin in the last 90 daysInstitutional interest was the main driver of Ethereums riseBitMine recently became the largest ETH holder Institutions are no longer just looking at Bitcoin (BTC) when it comes to crypto treasuries. Ethereum (ETH) rose 64.38% in the past 90 days, from $1,808 to $3,684. During the same period, Bitcoin rose just 10.