Author: Kryptonews

Bitmine Immersion Technologies (BMNR) added to its ether ETH$2,050.18 holdings amid last week’s crypto crash, bringing its stack to more than 4.3 million tokens worth about $8.7 billion at the current price just above $2,000.Led by Chairman Tom Lee, the company, which is the world’s largest holder of ETH, purchased another 40,613 tokens over the past week, though it didn’t disclose the average buy price. ETH began the week above $2,300 and plunged to as low as $1,700 before closing out the week just above $2,000.BMNR shares are flat in early trading on Monday, though lower by 34% year-to-date.”Bitmine has…

The worldwide crypto sector is endeavoring to rebound while the sentiment is still cautious. Hence, the cumulative crypto market cap has surged by 1.79% to reach $2.41T. However, the 24-hour crypto volume has dipped by 30.29% to touch $94.7B.  At the same time, the Crypto Greed & Fear Index is sitting at 9 points, showing “Extreme Fear” among the community participants. Bitcoin Sees 2.55% Jump and Ethereum Rises by 0.51% Particularly, the leading crypto asset, Bitcoin ($BTC), is now changing hands at $70,965.50. This price level indicates a 2.55% rise, while the market dominance of $BTC accounts for 58.9%. In…

Bitcoin miner Cango has sold 4,451 Bitcoin on the open market, generating net proceeds of about $305 million it says were used to partially repay a Bitcoin‑collateralized loan and to strengthen its balance sheet. The company said Monday that the transaction, approved by its board after a review of “current market conditions,” is intended to reduce financial leverage and provide additional capacity to fund its planned expansion into artificial intelligence (AI) and high‑performance computing (HPC) infrastructure.Cango said that the “strategic pivot” meant utilizing its “globally accessed, grid-connected infrastructure” to provide distributed compute capacity for the AI industry, and that the initiative…

You are probably asking yourself, what is OpenClaw? Known previously as Clawdbot, OpenClaw has been making waves in the tech world for its innovative approach to AI-powered tools. With its recent rebranding and growing popularity, it’s become a hot topic among tech enthusiasts and professionals alike.In this article, we’ll explore what makes OpenClaw so unique, why it’s going viral, and its key features. We’ll also dive into how it works, its potential uses, and the security concerns surrounding it. Keep reading to learn more about OpenClaw and discover if it’s the right tool for you.What Is OpenClaw, Aka Moltbot, Formerly…

Digital asset investment products showed early signs of stabilisation last week as crypto outflows slowed sharply to $187 million, according to the latest CoinShares weekly report, despite continued pressure on crypto prices. Summary Crypto fund outflows slowed sharply to $187 million, signaling a deceleration in selling pressure despite ongoing price weakness. Bitcoin led weekly outflows with $264 million, while several altcoins, including XRP, Solana, and Ethereum, attracted fresh inflows. Elevated trading volumes and selective regional inflows, particularly in Europe, point to early signs of market stabilisation. While fund flows often move in tandem with price action, CoinShares noted that changes…

Ethereum co-founder Vitalik Buterin drew a clear boundary around what he considers “real” decentralized finance (DeFi), pushing back against yield-driven stablecoin strategies that he says fail to meaningfully transform risk. In a discussion on X, Buterin said that DeFi derives its value from changing how risk is allocated and managed, not simply from generating yield on centralized assets. Buterin’s comments come amid renewed scrutiny over DeFi’s dominant use cases, particularly in lending markets built around fiat-backed stablecoins like USDC (USDC). While he did not name specific protocols, Buterin took aim at what he described as “USDC yield” products, saying they depend heavily on…

Binance added another $300 million worth of Bitcoin to its emergency reserves on Monday, continuing its experiment with a Bitcoin-backed protection fund as markets remain under pressure.Binance bought another 4,225 Bitcoin (BTC) worth $300 million for its Secure Asset Fund for Users (SAFU) wallet, which holds its emergency reserves, according to blockchain data platform Arkham.The acquisition lifts the fund’s Bitcoin holdings to more than $720 million at current prices.“We’re continuing to acquire #Bitcoin for the SAFU fund, aiming to complete conversion of the fund within 30 days of our original announcement,” wrote Binance in a Monday X post.While the acquisition…

An analysis by Coinglass comparing perpetual decentralized exchange (perp DEX) data has sparked fierce debate and, in the process, highlighted rifts within the crypto derivatives sector.The study exposed marked discrepancies in trading volumes, open interest, and liquidations across Hyperliquid, Aster, and Lighter. Users are left asking what qualifies as genuine trading activity on these platforms.Coinglass Data Sparks Debate Over Authentic Trading on Perpetual DEXsCoinglass is facing backlash after publishing a comparison of perp DEXs, questioning whether reported trading volumes across parts of the sector reflect genuine market activity.Sponsored SponsoredA 24-hour snapshot comparing Hyperliquid, Aster, and Lighter shows that: Hyperliquid recorded…

A wallet linked to the Infini exploit has resurfaced after months of dormancy, spending $13.32 million to buy Ethereum during the recent market dip. Summary A wallet linked to the Infini exploit purchased 6,316 ETH worth $13.3 million during the recent price dip before sending funds to Tornado Cash, on-chain data shows. The address had been inactive for more than 200 days, according to alerts from Lookonchain, PeckShield, and CertiK. Past transactions suggest the exploiter has repeatedly bought ETH near local lows and sold near cycle highs, highlighting precise market timing. The funds were later routed through the crypto mixing…

The face of an angel who appeared to resemble Italy’s right-wing prime minister, Giorgia Meloni, has been removed from a fresco in a Rome church after complaints from Vatican officials. The image appeared in a chapel of the Basilica of St. Lawrence in Lucina, where artist Bruno Valentinetti restored a fresco he originally painted in 2000. Valentinetti initially denied that the angel bore any resemblance to Meloni. He said the recent intervention was a necessary conservation effort after water damage, a claim echoed by the parish priest, Monsignor Daniele Michelett, in comments to the BBC. Related Articles The likeness was…