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UK-based Union Jack Oil turns to Bitcoin mining amid rising network difficulty
Union Jack Oil (UJO), a UK-listed oil and gas firm, is exploring a new path to monetize its gas resources by turning to Bitcoin mining, per an Aug. 7 statement. […]
SharpLink raises another $200M to push Ethereum holdings beyond $2B
SharpLink Gaming has raised $200 million from institutional investors in a direct stock offering to further fuel its Ethereum (ETH) buying spree and take its holdings beyond $2 billion. The […]
Chainlink launches on-chain strategic LINK reserve to boost long-term network saustainability
Chainlink has introduced the Chainlink Reserve, a new onchain treasury designed to accumulate its native token LINK using revenue from both enterprise clients and blockchain services. The initiative aims to […]
NFT market rebounds in July, surpassing DeFi in user activity
The NFT market saw a remarkable resurgence in July, outpacing DeFi in terms of user activity, according to an Aug. 7 DappRadar report.The shift marks a significant milestone and could […]
India finds $72 million in hidden crypto income as tax compliance tightens
India’s tax authorities have uncovered nearly 630 crore rupees (approximately $72 million) in undisclosed income from crypto-related transactions, according to an Aug. 5 disclosure by Pankaj Chaudhary, the Minister of […]
Fake Ethereum trading bots on YouTube help scammers steal over $900K
Cybersecurity firm SentinelLABS has uncovered a sophisticated scam campaign that has siphoned over $900,000 from unsuspecting crypto users. According to the report, the attackers use malicious Ethereum-based smart contracts disguised […]
Record compression in implied volatility sets up next big move for Bitcoin
Bitcoin’s ascent to its all-time high unfolded against a very unusual backdrop: steadily compressing volatility. While most markets tend to exhibit rising implied volatility as prices push higher, Bitcoin has […]
Franklin Templeton backs XRP ETF play in Japan with ¥300 trillion AUM
SBI Holdings has submitted applications to Japan’s Financial Services Agency for the approval of two exchange-traded funds tracking Bitcoin and XRP. The filings represent the first dual-asset spot crypto ETF […]
Key Levels and On-Chain Signals
Following its debut on major exchanges such as Binance, the TOWNS token—the native asset of Towns Protocol—is currently priced at $0.039, entering a crucial phase of consolidation. The protocol, recognized […]
Jury convicts Roman Storm on unlicensed money transmission; hung on laundering, not guilty on sanctions
A Manhattan federal jury found Tornado Cash developer Roman Storm guilty of conspiring to operate an unlicensed money transmitting business. As Inner City Press reported on August 6, the jury […]