‍Ethereum Whale Aggressively Re-accumulates ETH, Signaling Bullish Sentiment A prominent Ethereum whale is strategically rebuilding its ETH holdings with multi-million dollar purchases, signaling a renewed optimistic outlook. Recent on-chain data reveals a substantial re-entry into the market, totaling approximately 78,443 ETH ($276.73 million) in a short period. This sophisticated strategy involves leveraging DeFi protocols like Aave and major exchanges such as Binance. Such large-scale movements by major holders are closely monitored for indications of future market direction.
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Ethereum Whale Rebuilds Position with Multi-Million Dollar ETH Accumulation
A prominent Ethereum whale, recognized for its sophisticated trading strategies, appears to be strategically rebuilding its ETH holdings after a...
‍Uniswap Proposal "UNIfication" Triggers UNI Token Surge Uniswap has introduced a governance proposal, "UNIfication," which includes activating a protocol fee switch and implementing a token burn mechanism. This initiative aims to reduce UNI token supply and enhance its value. The plan involves using protocol fees and Unichain sequencer revenue for continuous token burns, alongside a one-time destruction of 100 million UNI from the treasury. The proposal also strengthens decentralization by limiting Uniswap Labs' access to funds. Following the announcement, UNI's price surged by nearly 38% in 24 hours, reflecting strong investor confidence in the proposed tokenomics and governance changes.
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Uniswap
The decentralized finance (DeFi) world is buzzing with the latest news from Uniswap, which has put forth a significant governance proposal to activ...
‍Propanc Biopharma Secures $100M Crypto Treasury for Cancer Therapy Trials Australia-based Propanc Biopharma has received a $100 million investment from digital asset-focused Hexstone Capital to establish a crypto treasury. This funding aims to accelerate the development of its lead cancer therapy, PRP, ahead of human trials in late 2026. The investment includes an initial $1 million, with an additional $99 million over 12 months. Propanc's treasury will hold diverse digital assets, potentially including Bitcoin, Ether, and Solana. This move follows a trend of biotech companies exploring digital assets for funding. However, Propanc's Nasdaq-listed shares (PPCB) saw a 10.5% decline post-announcement, reflecting market volatility associated with corporate crypto holdings.
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Propanc Biopharma Lands $100M Crypto Treasury for Cancer Therapy Trials
Australia-based Propanc Biopharma has secured a significant $100 million investment from Hexstone Capital, a family office focused on digital asset...
‍AI's Future: Beyond Text to 'World Models' for Spatial Understanding Stanford computer scientist Fei-Fei Li emphasizes AI's next frontier: developing 'world models' for spatial reasoning. Current AI struggles with physical reality, hindering robotics and multimodal systems. These new models will generate spatially consistent worlds, process diverse inputs, and predict outcomes, enabling robots to navigate and interact effectively. This shift promises to unlock true spatial intelligence, transforming AI's capabilities.
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Beyond Language: AI
A recent report by Fei-Fei Li, a distinguished Stanford computer scientist and a pioneer in modern computer vision, highlights a critical juncture ...
‍Senate Committee Proposes Crypto Bill to Define CFTC & SEC Roles The U.S. Senate Agriculture Committee has unveiled a legislative draft aimed at clarifying the regulatory jurisdictions of the CFTC and SEC over digital assets. This bipartisan effort, led by Senators John Boozman and Cory Booker, seeks to establish clear rules for the crypto market, with a focus on granting the CFTC primary authority over digital commodity spot trading. The bill also intends to enhance retail customer protections and ensure the CFTC has adequate resources for oversight. This initiative follows similar legislative efforts in the House of Representatives, indicating a growing consensus in Congress for defined federal oversight of the evolving digital asset landscape.
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Senate Committee Unveils Crypto Bill to Clarify CFTC & SEC Regulatory Roles
The U.S. Senate Agriculture Committee has released a highly anticipated discussion draft of legislation aimed at establishing a clear regulatory fr...
‍TeraWulf Reports 87% Revenue Surge, Driven by Bitcoin Rally and AI Expansion TeraWulf, a Bitcoin miner and datacenter operator, announced an 87% revenue increase for Q3, reaching $50.6 million. This growth stems from rising Bitcoin prices, expanded mining operations, and new AI compute infrastructure initiatives. The company has strategically diversified, securing a 10-year AI hosting deal with Fluidstack worth $3.7 billion. Google is backing $1.8 billion of Fluidstack's obligations and now holds an 8% stake in TeraWulf, underscoring the company's evolving business model.
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TeraWulf Reports 87% Revenue Jump, Driven by Bitcoin Rally and Strategic AI Shift
TeraWulf, a prominent Bitcoin miner and datacenter operator, has reported a substantial 87% increase in revenue for the third quarter, reaching $50...
‍US Approves Staking Rewards for Ethereum, Solana ETFs New guidance from the U.S. Treasury and IRS creates a pathway for crypto ETFs to generate staking rewards for investors. This development aims to boost mainstream adoption of proof-of-stake blockchains like Ethereum and Solana by providing regulatory and tax clarity. The guidance establishes a safe harbor for investment trusts, allowing them to stake digital assets. This removes a major hurdle for traditional finance institutions. Staking rewards, typically ranging from 1.8% to 7% APY, are crucial for securing PoS networks. U.S. Treasury Secretary Scott Bessent stated the guidance "increases investor benefits, boosts innovation, and keeps America the global leader in digital asset and blockchain technology." This policy shift is expected to foster greater liquidity and drive capital into the crypto ecosystem.
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US Greenlights Staking for Ethereum, Solana ETFs, Boosting Mainstream Crypto Adoption
The U.S. Treasury Department and the Internal Revenue Service (IRS) have issued new guidance that creates a clear pathway for Wall Street-traded...
‍Argentine Judge Freezes Assets in Libra Meme Coin Scandal An Argentine judge has ordered the freezing of assets linked to the Libra meme coin scandal, investigating potential "indirect payments to public officials." The action targets Hayden Davis, CEO of Kelsier Ventures, and alleged intermediaries. This development follows the Solana-based token's rapid pump and dump earlier this year, which was promoted by President Javier Milei. Funds transferred by Davis may constitute indirect payments to officials, according to the Prosecutor's Office. The investigation also involves alleged involvement of intermediaries in moving cash. The Libra meme coin gained traction through Milei's endorsements before crashing 90% within hours. The Argentine legal battle runs parallel to a U.S. class-action lawsuit, both highlighting scrutiny on meme coins and celebrity endorsements.
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Argentine Judge Freezes Assets in Libra Meme Coin Scandal Amid "Indirect Payments" Probe
An Argentine judge has ordered the freezing of assets connected to the controversial Libra meme coin scandal, following an investigation into poten...
‍eToro Reports Strong Q3, Announces $150M Buyback and Major Crypto Expansion eToro has demonstrated robust Q3 financial performance, with assets under administration up 76% YoY to $20.8B and net income up 48% to $57M. Crypto activity saw an 84% surge in trades in October. eToro plans to launch a crypto wallet with advanced DeFi features and is tokenizing popular US stocks on Ethereum. This marks a strategic return to the US crypto market following a settlement with the SEC, amidst a more favorable regulatory outlook.
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eToro Soars on Q3 Wins, Unveils Major Crypto Push and $150M Buyback
Social trading and investing platform eToro (Nasdaq: ETOR) has demonstrated robust financial performance in its third quarter, reporting a signific...
‍Mantle Enhances Institutional Access with Anchorage Digital Custody Mantle has partnered with Anchorage Digital, a regulated crypto platform, to offer secure institutional custody for its native token, $MNT. This collaboration enables financial institutions to hold $MNT, facilitating broader participation in Mantle's growing Layer 2 ecosystem. The integration with Anchorage Digital, the first federally chartered crypto bank in the U.S., allows institutions to secure $MNT on their balance sheets. This move is key to Mantle's strategy of bridging traditional finance with decentralized innovation and supporting real-world assets (RWAs) on-chain.
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Mantle Partners with Anchorage Digital for Secure Institutional $MNT Custody
Mantle, a prominent distribution and liquidity layer built on the Ethereum Layer 2 network, has announced a strategic collaboration with Anchorage...