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His remarks come despite China banning much of the industry, though peer-to-peer crypto transactions and some bitcoin mining still occur.
Ethereum’s monthly onchain volume surged above $320 billion in August, its biggest month since 2021, amid strong institutional demand and low fees.
CoinShares is currently pursuing a U.S. listing to tap deeper capital markets and expand its presence beyond Europe.
Eliza Labs filed a lawsuit against X, alleging that X launched copycat AI products after obtaining key technical information from Eliza.
The Hong Kong-listed crypto firm reported HK$195.4 million ($25.1 million) in total revenue in H1, up 58% year-on-year.
Solana‑based token launchpad Heaven went live on Aug. 15 and has averaged about 4,100 token launches per day.
The migration from native staking to liquid restaking reflects evolving risk appetite and yield optimization strategies among ETH holders.
Proposals to add staking to Ethereum ETFs issued by Grayscale and BlackRock have yet to secure approval.
The company, formerly known as Iris Energy, posted revenue of $187.3 million, net income of $176.9 million, and EBITDA of $241.4 million.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.