August, 2025

August, 2025

Ark Invest buys $19 million worth of Block Inc. shares as stock hits three-week low
Ark's move comes as Block Inc.'s stock fell 0.49% to close at $73.03 on Monday, its lowest closing price since July 18....

CME Ethereum futures volume hits record $118 billion in July amid renewed market frenzy
Open interest in CME ETH futures also experienced a 75% increase, from $2.97 billion in June to a record $5.21 billion in July....

Pump.fun fends off LetsBonk in battle for top Solana memecoin launchpad
LetsBonk mounted a significant challenge in early July, rapidly capturing market share to peak at nearly 70% of graduated tokens....

Bitcoin miner MARA mulls buying $168-million stake in French data firm: Bloomberg
If the deal moves forward, MARA will pay $168 million in cash to secure a 64% stake in Exaion, the data firm with a foot in AI....

Terraform co-founder Do Kwon may plead guilty Tuesday morning in US fraud case
Terraforn Labs co-founder Do Kwon plans to plead guilty years after U.S. prosecutors charged him with fraud and money laundering....

The Daily: Strategy nears 3% of bitcoin’s total supply on fifth anniversary of first buy, BitMine’s ETH stack pushes toward $5B, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons....

Ethereum overtakes Bitcoin in year-to-date price gains amid institutional demand surge
The price of Ethereum's native asset ether recently eclipsed $4,000 level for the first time in eight months....

Paxos joins Ripple and Circle in pursuit of seeking national bank charter licenses
Paxos said it has applied for a national trust charter, marking the third crypto firm over the past few months to do so....

Coinbase Ventures buys TON tokens ‘directly from Telegram,’ says TON Foundation exec
Coinbase Ventures has purchased TON tokens “directly from Telegram,” TON Foundation president Manuel Stotz told The Block....

CleanSpark founder assumes CEO role following Zachary Bradford’s resignation
Executive Chairman Matthew Schultz co-founded the Nasdaq-listed bitcoin miner in 2014 and previously served as CEO....

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