Crypto News
SharpLink Stock Rises, Then Falls Following $400M Deal to Boost Ethereum Treasury
SharpLink Gaming says it plans to boost its Ethereum treasury above $3 billion with the proceeds of its latest stock sale.Source link
Bitmine Secures Largest Global ETH Treasury With $4.96B Holdings
Bitmine now holds the world’s largest ethereum treasury, valued at over $4.96 billion. The company’s holdings total 1,150,263 ETH tokens as of August 10, based on a price of $4,311 per token. Bitmine Boasts World’s Biggest ETH Stash Held by a Public Company This valuation marks a significant $2 billion increase from the $2.9 billionSource link
Jeff Bezos’ Blue Origin Now Accepts Bitcoin, Ethereum and Solana for Spaceflights
Crypto whales can now use their holdings to buy trips to space, with Blue Origin teaming with Shift4 to accept Bitcoin and more.Source link
ETF Recap: Bitcoin and Ether Funds Rebound With Big Weekly Gains
Bitcoin exchange-traded funds (ETFs) snapped early-week losses to close with a $247 million net inflow, while ether ETFs notched $327 million in gains, with both markets seeing strong institutional participation. Bitcoin and Ether Post $247 Million and $327 Million Weekly Gains What began as a bruising start to the week for crypto ETFs turned intoSource link
Solana Memecoin BONK Gets a $25M Corporate Treasury Boost
Nasdaq-listed Safety Shot (SHOT) has taken a 10% revenue stake in Bonk.fun, among the largest memecoin launchpads on Solana. As part of a deal, Safety Shot will receive $25 million worth of BONK (BONK) for its treasury, aligning the public company directly with the platform’s growth.Bonk.fun generated over $35 million in user fees in July, eclipsing rival Pump.fun to become the month’s highest-earning memecoin launchpad, according to DeFiLlama. The platform controls more than 80% of Solana’s daily new token launch market share, with peak days seeing over 20,000 tokens deployed and daily volumes topping $100 million.As part of the transaction, Safety Shot will issue preferred shares convertible into common stock and reinvest about 90% of its BONK.fun revenue into BONK...