Day: 11 August 2025

Miami, Florida, 11th August 2025, Chainwire

Video-sharing platform Rumble is weighing an all-stock acquisition of Northern Data, the Tether-backed AI and data center operator, in a move that could create a global AI cloud leader. In an August 10 statement, Rumble confirmed it had expressed interest in acquiring Northern Data, offering 2.319 newly issued Class A ...

Nasdaq-listed company ALT5 Sigma is preparing to integrate World Liberty Financial’s (WLFI) native token into its treasury portfolio, as part of a significant $1.5 billion capital raise led by the Trump-backed decentralized finance (DeFi) project. This strategic partnership was detailed in a press release on Monday, which revealed that WLFI ...

South Korean retail investors are rapidly shifting away from U.S. technology giants toward crypto-linked equities, with stablecoin-related firms leading the charge, new data reveals. According to the Korean Centre for International Finance (KCIF), virtual asset-related stocks made up 36.5% of the top 50 net-bought overseas shares by local individuals in ...

Michael Saylor’s Strategy — the largest publicly traded holder of Bitcoin — made its first BTC purchase in August, celebrating five years since adopting the cryptocurrency as a core treasury asset. According to a U.S. Securities and Exchange Commission filing on Monday, the company acquired 155 BTC for $18 million ...

PRNewswire, PRNewswire, 11th August 2025, Chainwire

The LayerZero Foundation has proposed acquiring cross-chain liquidity protocol Stargate in a $110 million deal that would see Stargate’s token (STG) swapped for LayerZero’s native token (ZRO). The announcement has boosted the prices of both assets but also triggered backlash from some STG holders. LayerZero unveiled the plan on Stargate’s ...

The cryptocurrency industry is enjoying unprecedented political support in Washington and renewed enthusiasm on Wall Street, as President Donald Trump moves to position the U.S. as a global leader in digital assets, CBS News reports. At the Bitcoin 2025 conference in Las Vegas earlier this year, the largest in the ...

A yet-to-be-identified institutional player has been on a massive Ether (ETH) buying spree, scooping up 221,166 ETH over the past week as the world’s second-largest cryptocurrency rallied 21%. Blockchain analytics firm Lookonchain revealed that in the past 24 hours alone, the entity snapped up $212 million worth of ETH. The ...

Global crypto exchange-traded products (ETPs) recorded $572 million in inflows during the trading week ending Friday, according to data from European digital asset manager CoinShares. The strong demand comes amid improving market sentiment and growing institutional participation in digital assets. Bitcoin-backed investment products remained the primary beneficiary, securing $520 million ...