The Business & Technology Network
Helping Business Interpret and Use Technology
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Ethereum posted its strongest August performance in four years, with data showing large holders played a decisive role in the rally. According to CoinGlass data, ETH gained 18% last month, climbing to a new all-time high of $4,953. It marked the token’s first positive August since 2021, when it advanced more than 35%. Ethereum Monthly Price Performance Since 2021. (Source: CoinGlass) Since then,...
Ukraine has begun formal steps to legalize the crypto industry, shifting from a largely unregulated market to one with a defined legal status. On Sept. 3, Ukrainian lawmaker Yaroslav Zhelezniak revealed that he and his colleagues approved a bill that legalizes and taxes the use of digital assets in the country. According to him, the draft bill introduces a tax framework that makes transactions...
The market for tokenized equities could expand to nearly $190 trillion within the next 20 years, according to new projections from Galaxy Research. Galaxy made this projection after it became one of the first public companies to tokenize its stock on the Solana blockchain via Superstate, which specializes in compliant tokenization infrastructure. Speaking on the move, Alex Thorn, Galaxy’s Head of...
Bitcoin’s derivatives market entered September with a split message: traders are taking on more positions, but the balance of trading activity is leaning against price strength. Open interest climbed to $41.19 billion on September 3, an increase of $1.02 billion over the past month. At the same time, Bitcoin’s spot price slipped below $110,000. This shows that while more leverage is in play,...
European Central Bank (ECB) President Christine Lagarde has called on policymakers to accelerate legislation targeting the risks posed by stablecoins. Speaking at the European Systemic Risk Board (ESRB) conference on Sept. 3, Lagarde warned that while stablecoins appear innovative, they reintroduce long-recognized financial vulnerabilities in new forms. According to her: “The categories of risk...
World Liberty Financial now carries a market value near $5.6 billion. However, many of us who watched WLFI’s debut are still unsure what the project actually does, what has shipped, and what, if anything, is new. To date, deliverables include USD1, governance voting, and a proposed Aave v3 money market. Let’s weigh those elements against the valuation and ownership incentives that frame WLFI’s...
World Liberty Financial (WLFI), the crypto project linked to President Donald Trump, has permanently removed 47 million WLFI tokens worth over $11 million from circulation. In a Sept. 2 post on X, the project explained that the burn represents the first major step in implementing its proposed buyback-and-burn governance strategy, which is designed to strengthen token economics. According to the...
The Ethereum Foundation has ignited a heated discussion within the crypto community after announcing its intention to sell approximately 10,000 ETH through centralized exchanges. On Sept. 2, the Ethereum Foundation issued a transparency notice outlining its plan to convert 10,000 ETH over several weeks. The foundation stated that proceeds from these sales would support critical research and...
September 2, 2025 – Geneva, Switzerland – TRON DAO, the community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications (dApps), announced today that the U.S. Department of Commerce has selected the TRON blockchain as one of the primary networks for posting official economic data, beginning with the second quarter...
Pump.fun unveiled Project Ascend on Sept. 2, introducing a tiered fee structure designed to increase creator earnings by 10 times while making memecoins more sustainable for long-term growth. The initiative comes as the platform regained market dominance from competitor Bonkfun, according to Blockworks data. The centerpiece of Project Ascend is Dynamic Fees V1, a market cap-based pricing system...