Month: August 2025

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 ...

Bitcoin is nearing a potential breakout as retail traders overtake whales in the futures market, while Ethereum contends with high leverage despite record-setting institutional inflows. Data on BTC futures order sizes shows a clear shift from whale-led trading in late 2024 and early 2025 periods that saw strong rallies to ...

Ethereum climbed 1.7% to $4,277.78 on Monday, extending its recent winning streak but market opinions remain sharply divided on how long the momentum can last. Bitcoin advocate Samson Mow, CEO of Jan3, cautioned that the rally may be short-lived. He argued that long-term Ether holders, particularly early ICO insiders, are ...

U.S. Senator Elizabeth Warren has intensified her campaign for stricter cryptocurrency regulations, warning that the current framework leaves the financial system exposed to corruption, economic instability, and criminal misuse. Speaking in an interview with MSNBC, Warren described existing rules as “weak” and shaped by industry influence, arguing they fail to ...

An Argentine Ethereum developer known online as “Fede’s Intern” has been detained in Izmir, Turkey, after authorities accused him of helping individuals “misuse” the Ethereum network. Fede disclosed the incident on August 11 via X, stating that Turkish officials informed his lawyer of the allegation, which he called “obviously wrong.” ...

PRNewswire, PRNewswire, 11th August 2025, Chainwire