The Business & Technology Network
Helping Business Interpret and Use Technology
«  

May

  »
S M T W T F S
 
 
 
 
1
 
2
 
3
 
4
 
5
 
6
 
7
 
8
 
9
 
10
 
11
 
12
 
13
 
14
 
15
 
16
 
17
 
18
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Feed Items

If you work in a nine-to-five for diminishing wages and dwindling self-respect, the author of The Bitcoin Age (Amazon affiliate link), Adam Livingston, says Bitcoin can help you break the chains of ‘wage slavery’. Let’s take a closer look. Wage slavery: you are not employed, you are monetized In today’s economy, most people like to think of themselves as “employed.” Working hard, building a...
Bitcoin analyst and investor Mark Moss argues that Bitcoin treasury companies are positioning themselves for history’s biggest wealth transfer, following a sophisticated playbook for capturing value and managing volatility. In other words: “using gas pipes to fund your electric future.” Bitcoin treasury companies: history’s most obvious abritrage He compares Bitcoin treasury companies (firms...
Crypto exchange Kraken has announced the suspension of Monero (XMR) deposits following a confirmed 51% attack on the network on August 12. The attack was linked to the Qubic mining pool, which managed to control over half of Monero’s hashrate, peaking at 2.6GH/s. This dominance allowed Qubic to conduct a six-block deep reorganization of Monero’s blockchain, effectively rewriting history and...
The U.S. Justice Department authorized the seizure of more than $2.8 million in cryptocurrency, cash, and other assets from a suspected ransomware operator, according to an Aug. 14 announcement. Federal prosecutors unsealed six warrants tied to Ianis Aleksandrovich Antropenko, charging him with conspiring to commit computer fraud and abuse, committing computer fraud and abuse, and conspiracy to...
Solana (SOL) trading activity contracted sharply in the second quarter while the network’s core infrastructure metrics strengthened across multiple dimensions. According to an Aug. 15 report by Messari, the total application revenue generated on the network fell 44.2% quarter-over-quarter to $576.4 million from $1.0 billion.  Furthermore, average daily spot decentralized exchange (DEX) volume...
BitMine has become the first corporate treasury to surpass 1 million Ethereum (ETH) in holdings after its stash climbed to 1.17 million ETH on Aug. 15, valued at over $5 billion. The firm added 317,126 tokens worth approximately $2 billion in a single week. BitMine chairman Tom Lee said on August 4 that the firm intends to move with “lightning speed” in its pursuit to acquire 5% of ETH’s total...
Digital Currency Group (DCG) has sued its lending subsidiary Genesis, asking a bankruptcy court to confirm it is owed more than $105 million plus interest on a financial backstop extended during the 2022 crypto downturn. The case, filed on Aug. 14 in the U.S. Bankruptcy Court for the Southern District of New York, centers on a $1.1 billion promissory note DCG issued to Genesis after the implosion...
Aave reached multiple all-time highs this week, fueled by the heated crypto market. The money market protocol reached $3 trillion in cumulative deposits on Aug. 15, while surpassing $29 billion in active loans on August 13, according to Token Terminal data. Additionally, Aave’s total value locked (TVL) climbed to a record high above $40 billion on Aug. 14, based on DefiLlama data.  The...
Brevan Howard became the largest institutional shareholder of BlackRock’s iShares Bitcoin Trust (IBIT) by increasing its holdings by 71% between the first and second quarters of 2025. According to a filing with the US Securities and Exchange Commission (SEC) of its latest 13F form, the hedge fund now holds approximately 37.5 million IBIT shares valued at roughly $2.3 billion as of June 30, up...
The Federal Reserve (Fed) announced it will shut down its program with additional scrutiny over crypto and fintech activities. On an August 15 statement, the central bank said it will sunset the Novel Activities Supervision Program and return to monitoring banks’ crypto and fintech activities through standard supervisory processes. The Fed established the specialized program in August 2023 to...