French company The Blockchain Group and the UK-based Smarter Web Company each boosted their corporate Bitcoin treasuries on Monday with multimillion-dollar BTC purchases. Two European companies — France’s The Blockchain Group and the United Kingdom’s Smarter Web Company — have expanded their Bitcoin holdings. In a Monday announcement, The Blockchain Group said it acquired 116 Bitcoin (BTC) for about 10.7 million euros ($12.55 million), and the Smarter Web Company announced the purchase of 226.42 BTC for 17.9 million pounds ($24.34 million). Following its latest purchase, The Blockchain Group’s holdings total 1,904 BTC, acquired at an average price of $106,000 per coin. The Smarter Web Company’s holdings have reached a total of 1,000 BTC, bought for an average price of $106,750. Read more
Authorities in Shenzhen, China, urged the public to be vigilant after uncovering illegal fundraising schemes masked as stablecoin investments. Authorities in Shenzhen, China, warned citizens about illegal fundraising schemes disguised as stablecoin and cryptocurrency investments. Shenzhen’s city government task force for combating illicit financial activity issued an alert on Monday, urging the public to be cautious of unlicensed entities promoting digital asset investments. Officials said the groups exploit the public’s limited knowledge of stablecoins and crypto-related terms to mislead investors and fuel speculative investments. Read more
Michael Saylor’s Strategy skipped weekly Bitcoin buys for the first time since April, announcing a new $4.2 billion stock sale and reporting $14 billion in unrealized gains in Q2. Michael Saylor’s Strategy, the world’s largest corporate holder of Bitcoin, reported $14 billion in unrealized gains on its holdings in the second quarter of 2025. The company recorded an unrealized gain on its digital asset holdings of $14.05 billion, along with a deferred tax expense of $4.04 billion, according to a filing with the US Securities and Exchange Commission on Monday “As of June 30, 2025, the Company’s digital asset carrying value was $64.36 billion, with a related deferred tax liability of $6.31 billion,” the filing stated. Read more
Solana’s newest memecoin launchpad, LetsBonk, doubled Pump.fun’s daily revenue with $1.04 million, shaking up the leaderboard in the memecoin space. Solana memecoin launchpad LetsBonk surpassed rival Pump.fun in 24-hour revenue, according to data aggregated by decentralized finance (DeFi) platform DefiLlama. The latest DefiLlama figures show that LetsBonk generated $1.04 million in revenue in the last 24 hours, nearly doubling Pump.fun’s revenue of $533,412. LetsBonk’s revenue surge marked a rare shift in dominance in the Solana memecoin sector, where Pump.fun has typically held the top spot. Both platforms offer simplified tools for launching and trading memecoins. However, LetsBonk appears to be gaining traction due to the support of the Bonk (BONK) memecoin community and its social campaigns. Read more