$125 Million in Bitcoin Awakens After 8 Years in Digital Slumber
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On Tuesday, with bitcoin sitting comfortably above $110,000, holding at $113,850 by 4 p.m. Eastern time, a long-time holder moved 1,100 BTC — worth $125.23 million — for the first time in more than eight years. Long-Dormant Bitcoin Fortune Reappears Following last month’s record spends, dormant bitcoins are still stirring in August. On Aug. 5, […]

Openledger, Trust Wallet Team up to Launch AI-Powered Web3 Wallets
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Openledger and Trust Wallet have joined forces to bring the next generation of artificial intelligence (AI)-powered wallet experiences to Web3. Bringing Intelligence Directly into the Wallet In a major stride toward redefining Web3 usability, Openledger, the decentralized AI blockchain firm, and Trust Wallet have joined forces to launch AI-powered wallet experiences for the latter’s more […]

Sharplink Acquires $264.5 Million in ETH, Boosting Holdings to 521,939
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Sharplink Gaming, Inc. acquired 83,561 ether ( ETH) for $264.5 million last week, increasing its total holdings to 521,939 ETH. Sharplink Ether Concentration Jumps 83% The company, Sharplink Gaming, Inc. (Nasdaq: SBET), funded the purchases entirely through net proceeds from its at-the-market equity facility. Sharplink paid an average price of $3,634 per ETH between July […]

SEC Says Certain Liquid Staking Models Not Securities
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The U.S. Securities and Exchange Commission’s (SEC) Division of Corporation Finance said Tuesday that certain “liquid staking” activities in the crypto sector do not constitute securities transactions under federal law. SEC: Liquid Staking Safe From Registration if Kept Simple In a new statement, the SEC’s corporate finance unit clarified its stance on a specific form […]

Coinbase Rolls out Beta for API-Powered Embedded Wallets
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On Tuesday, Coinbase revealed it has launched a beta version of “Embedded Wallets” for developers, offering integrated wallet creation, fiat onramps, token swaps, and 4.1% USDC rewards through a unified API suite. Coinbase Debuts Embedded Wallets Beta The new tool, part of the Coinbase Developer Platform (CDP), allows developers to incorporate self-custodied crypto wallets directly […]

Trump Boosts American Eagle Shares With Praise to Sydney Sweeney 
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Twelve days after actress Sydney Sweeney’s denim campaign gave American Eagle Outfitters stock a lift, shares have climbed yet again—this time fueled by U.S. President Donald Trump giving Sweeney’s ad his stamp of approval. American Eagle Stock Pops After Trump Backs Sweeney’s Denim Campaign Sydney Sweeney’s denim ads made waves, sending American Eagle Outfitters stock […]