UK-based The Smarter Web Company has made a multimillion-dollar raise just days after it purchased $20 million worth of Bitcoin to bring its holdings to over 540 BTC. UK-based web design and marketing firm The Smarter Web Company has raised 41.2 million British pounds ($56.59 million), days after it purchased 196 Bitcoin to add to its growing holdings. The firm said on Thursday that the raise came from institutional investors via accelerated bookbuild, a process where a company raises capital quickly, usually within one or two days, without any marketing push. The Smarter Web Company raised 36.27 million British pounds ($49.8 million) with the bookbuild and a further 4.97 million British pounds ($6.82 million) by subscription. The offer price was 2.9 British pounds ($3.98) per share. Read more
Crypto analyst Michaël van de Poppe says Ether could be “testing the other side of the range” in the coming weeks as it trades above $2,400. Ether could see further upside in the coming weeks if it manages to hold above the crucial $2,400 level, according to a crypto analyst. “So far, so good for ETH,” MN Trading Capital founder Michaël van de Poppe said in an X post on Thursday. “Holding above this crucial range low, we’re likely going to be testing the other side of the range in the upcoming weeks,” van de Poppe added. Read more
Crypto private key exploits and front-end protocol attacks account for 80% of the $2.1 billion worth of crypto that has been stolen so far this year, TRM Labs reports. Crypto private key exploits and front-end compromises have accounted for most of the $2.1 billion worth of crypto lost to attacks in the first half of 2025, says blockchain intelligence firm TRM Labs. Over 80% of crypto stolen across 75 hacks so far this year was taken in so-called infrastructure exploits, which, on average, made off with 10 times more than other attack types, TRM Labs said in a report on Thursday. Infrastructure attacks target the technical backbone of a system to gain unauthorized control, mislead users, or reroute assets. Read more
US stock futures have hit record highs, fueling analyst predictions that Bitcoin could soon break past resistance to hit a new price peak. US stock futures are at record highs as the country’s largest markets are nearing their peaks, which could help propel Bitcoin to reach another all-time high, according to analysts. S&P 500 futures entered new all-time high territory on Thursday with the index tapping 6,145 points, surpassing February’s peak. The tech-heavy Nasdaq Composite futures also hit a peak at 20,180 around the same time. The S&P 500 has gained 23% since its April 8 crash as trade tariff shocks ease and a ceasefire between Israel and Iran appears to hold. Read more
DappRadar found AI agent projects raised $1.39 billion this year, a 9.4% increase on the total funding in 2024, while a onchain activity has surged 86%. Artificial intelligence activity on blockchains has nearly doubled since the start of the year, with more funding and users piling into the trendy technology, according to blockchain analytics platform DappRadar. AI-related onchain activity has surged by 86% so far in 2025, with an estimated 4.5 million daily unique active wallets taking part in AI decentralized apps (DApps), DappRadar said in a report on Thursday. The boost in daily users has grown AI app market share from 9% at the start of the year to 19%, just behind blockchain gaming at 20%. Read more
ChatGPT automates North Korea’s crypto hacks. Malaysian highway funds funneled to digital assets. Asia Express North Koreas state-sponsored hacking groups are automating cryptocurrency theft with the help of AI tools like ChatGPT, according to South Korean cybersecurity officials. Lee Seul-gi, lead researcher at the Korea Internet & Security Agency (KISA), said attackers are using AI-configured scripts to automatically transfer crypto to their own wallets once a victims balance exceeds $200. During a security conference in Seoul on Thursday, Lee shared the findings of an investigation that analyzed 39 virtual server images seized in September, according to local media. Read more
Mounting macroeconomic risks, declining Bitcoin miner revenues, and cautious sentiment among investors could trigger a sharp BTC price correction. Key takeaways: Despite strong macro trends, Bitcoin derivatives show fading investor confidence in sustaining the recent price gains. Bit Digital’s pivot to Ether raises fears that other miners may also unload their BTC reserves. Read more
After passing the GENIUS stablecoin bill, Republican leadership on the Senate Banking Committee has turned its sights to digital asset market structure. US Senator Tim Scott, chair of the Senate Banking Committee, said the chamber would be aiming to pass legislation for digital asset market structure “before the end of September.” In a Thursday “fireside chat” with Wyoming Senator Cynthia Lummis and White House crypto adviser Bo Hines, Scott said “for the market to function completely,” Congress would need to move forward with legislation for market structure and stablecoins. The senator set a goal of passing a market structure bill by Sept. 30. “You’re the chairman, and we will do as you wish,” said Lummis in response to Scott’s goal for market structure. “We will make sure that we’re ready to do that.” Read more