PublicSquare (PSQ Holdings) adds Caitlin Long, Custodia CEO, to its board to drive digital asset strategy. The e-commerce firm plans Bitcoin & stablecoin investments and payment integration. Long will work with Donald Trump Jr. on these initiatives. (Theblock)
#crypto #blockchain #news #BTC #Bitcoin
Web3 game Aria has secured $5 million in funding led by Folius Ventures, The Spartan Group, and Beam Foundation, with participation from Animoca Brands and Galaxy Interactive. The funding will be used to further develop the platform and expand its offerings, according to a statement released today.
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According to data monitored by @ai_9684xtpa, a large cryptocurrency holder has withdrawn 113,028.97 ETH from FalconX over the past six days, valued at $424 million. The ETH was transferred at an average price of $3,752, resulting in a current unrealized profit of $12.044 million.
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Hong Kong’s new stablecoin rules begin Aug 1st, banning unlicensed businesses from selling USDT/USDC. OTC crypto shops remain open amidst uncertainty, operating in a grey area. Licensed platforms are still permitted. Feedback on OTC licensing open until Aug 29th.
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DoubleZero launched DZSOL, a $537M staking pool (3M SOL) to boost Solana validator network speed & decentralization! 🚀 Validators pay a 5% network access fee, with token burns to fight centralization & attacks. Founder Austin Federa is a former Solana Labs/Foundation leader.
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Arkham Intelligence data shows a large holder, identified by the address 6gVXoU…AhLrjk, withdrew 150 million PENGU from Crypto.com today at 9:15 UTC+8, valued at approximately $5.32 million. The holder now possesses a total of 205 million PENGU, currently valued at around $7.29 million.
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New data from Lookonchain: 11 wallets have amassed 722,152 ETH (~$2.77B) since July 9th! Three new wallets alone added 73,821 ETH (~$283M) in the last 8hrs. Significant Ethereum accumulation happening. 👀
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The Ether Machine boosted its ETH holdings by 15k, now holding 334.757 ETH & has $407M ready to buy more. This comes as Dynamix plans a merge aiming for >$1.5B in ETH reserves! #ETH #DeFi
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New address received 39,652 ETH (~$152M) from Galaxy Digital, per @EmberCN. Purpose unclear – could be institutional accumulation or linked to a firm like SBET. #ETH #crypto
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Bitwise CIO Matt Hougan says “equity wrappers” for ETH are attracting TradFi capital by offering familiar yields. He warns of managing debt/basis risk to avoid forced sales from over-leverage, but sees overall “disaster unwind” risk as low. (Cointelegraph)
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