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Yunfeng Financial Group, the Hong Kong-listed financial services firm tied to Jack Ma, has purchased 10,000 Ethereum (ETH) worth about $44 million to begin building an ETH treasury, filings published on Sept. 2 revealed.
The acquisition marked Yunfeng’s entry into the growing trend of public companies adopting crypto treasury strategies, a playbook popularized by Strategy with Bitcoin (BTC)....
Gemini and Figure are targetting combined valuations exceeding $6.3 billion for their initial public offerings (IPO) as digital asset firms capitalize on renewed investor appetite for public market debuts, Reuters reported on Sept. 2.
Blockchain lender Figure Technologies aims to raise up to $526.3 million at a maximum valuation of $4.13 billion. Meanwhile, Gemini exchange is seeking $317 million...
Solana (SOL) validators concluded the governance process for Alpenglow (SIMD-0326) on Sept. 2, positioning SOL for a potential run to $250.
The community vote tallied 98.27% in favor, 1.05% opposed, and 0.69% abstaining, with 52% of the total stake participating in the decision.
Alpenglow represents a complete overhaul of Solana’s consensus architecture, replacing the existing Proof-of-History...
Strategy, the business intelligence firm formerly known as MicroStrategy, has reinforced its Bitcoin position with another large purchase.
In a Sept. 2 filing with the US Securities and Exchange Commission (SEC), the company reported acquiring 4,048 BTC for $449.3 million, paying an average of $110,981 per coin.
The move lifts Strategy’s total Bitcoin balance to 636,505 BTC, obtained at a...
Around 80% of the top 10 largest holders of World Liberty Financial’s WLFI token took profits within a day of the asset’s launch.
On Sept. 2, pseudonymous blockchain analyst Aixpta reported that eight of the top ten WLFI holders had either partially or fully sold their positions. According to the analysis, only the second and fifth largest wallets have yet to move their tokens.
For context,...
Spot Ethereum exchange-traded funds took in about $3.9 billion in August while U.S. Bitcoin ETFs posted roughly $750 million in net redemptions.
The split extends a summer stretch in which Ethereum funds have consistently drawn capital since late July, as Bitcoin products saw intermittent outflows.
The rotation follows a record July for Ethereum vehicles, with about $5.4 billion in net inflows...
Polymarket contracts price less than a 1% chance that President Donald Trump will resign today, as traders position into a 2 P.M. ET Oval Office announcement reported by multiple outlets citing a White House advisory.
The Oval Office announced the planned appearance, though the topic was not disclosed. According to his schedule, Trump spent Labor Day golfing with no public appearances, and his...
Venus Protocol temporarily suspended its platform on Sept. 2 after a user lost tens of millions of dollars in a targeted phishing incident.
The pause followed reports from blockchain security firm Cyvers, which flagged a suspicious transaction draining nearly $27 million from a single wallet.
According to reports, the stolen assets included $19.8 million in vUSDT, $7.15 million in vUSDC, $146,000...
Starknet, an Ethereum Layer 2 (L2) scaling network, has resumed block production after a significant disruption halted activity for more than four hours.
In a Sept. 2 update on X, the team announced that “block production is back to normal,” confirming that most RPC providers are operating again while the remaining ones prepare to upgrade.
Starknet rolled back to block 1,960,612 to restore...
World Liberty Financial’s WLFI token went live on Sept. 1 after months of anticipation, and the debut quickly turned heads across the crypto market.
According to CoinGlass data, WLFI’s derivatives activity surged past $13 billion within its first 24 hours, placing it behind only Bitcoin, Ethereum, and Solana.
Notably, that volume is almost double that of XRP, the third-largest crypto asset by...