Crypto

Verb Technology is raising $558 million and rebranding as TON Strategy Co., becoming the first public company to hold Toncoin as a treasury asset. Verb Technology Company's stock skyrocketed more than 200% intraday on Monday after it announced a $558 million PIPE deal and a pivot toward crypto. The social commerce company said it plans to rebrand as TON Strategy Co., becoming the first publicly traded treasury reserve vehicle for Toncoin (TON), the native token of Telegram’s blockchain ecosystem. The offering included about 58.7 million shares and pre-funded warrants priced at $9.51. Investor enthusiasm around the company’s move into crypto sent the stock soaring to a high of $29.33 before settling to about $27 at time of writing, according to Google Finance. Read more

$ENA has retested resistance at $0.68 after rising from a $0.54 base, as USDe’s market cap has exceeded $9 billion, TVL has passed $9.5 billion, and large holders have accumulated more than 79 million tokens, supporting projections of a possible $1–$1.50 target by year-end. The post $ENA Surges 10% as USDe Supply Jumps 75% – Whales Eye Breakout Above $0.68 appeared first on Cryptonews.

Spot Ethereum exchange-traded funds (ETFs) available in the US saw $152.3 million in outflows on Aug. 1, ending their longest streak of inflows. According to Farside Investors’ data, the outflow amount was the largest since Jan. 8. It ended the 20-day streak of positive netflows for Ethereum ETFs, which have accumulated nearly $5.4 billion during […] The post Ethereum ETFs 20-day inflow streak ends with $152M outflow appeared first on CryptoSlate.

OpenLedger’s crypto AI agent does not trade without user approval, putting control before automation.

Solana (SOL) has been heavily hit by the latest downtrend and has shed 15.3% of its value in the past 7 days as the market has taken a necessary breather following July’s strong rally.Despite this latest downturn, analyst Ted Pillows, whose X account is followed by more than 190,000 users shared a bullish Solana price […] The post Solana Price Prediction: Cup and Handle Pattern Confirmed – Final Dip Before $900 Target appeared first on Cryptonews.

Microsoft has entered the fray with Edge's Copilot Mode, joining a crowded field of AI-powered browsers. We help you pick the right one.

The latest crypto IPO seeks a $4.2 billion valuation.

Crypto markets are roaring after a rough weekend: Bitcoin is bouncing, but the charts for XRP and Ethereum are showing even stronger signs.

Figure is joining a growing roster of digital asset companies seeking to go public amid booming crypto and stock markets.

Ant Group's Topnod has launched a digital art exhibition that pairs presale with public sales, letting creators gauge demand while offering 8–28 yuan blockchain-verified works. Backed by Alibaba’s ecosystem, Topnod plans to direct traffic and fan-management tools to participating artists. The post Ant Group’s Topnod Launches 1–4 USD Blockchain Art; 4,088 Pieces Gone in 3 Hours appeared first on Cryptonews.

CrediX DeFi Protocol has suffered a $4.5 million breach traced to a compromised multisig wallet that silently gained pool and bridge roles. The attacker minted acUSDC without backing, borrowed heavily, and drained $2.64 million before moving funds to Ethereum. The post CrediX DeFi Protocol Exploited as Hacker Gains Admin Rights, Drains Pool appeared first on Cryptonews.

Bitcoin ETF netflows may be key in gauging market appetite as exchange order-book liquidity puts $116,000 top of the list for bulls. Key points: Bitcoin bounces as liquidation guardrails appear above and below price, making $116,000 a key level to watch. Expectations call for BTC price support to hold above $110,000 should bears take control. Read more

Coinbase’s UK ad gets banned. CEO says censorship proves the ad struck a nerve, and crypto offers a real solution.

Silbert resigned as Grayscale chairman in 2023 when the asset manager was early in the midst of a legal battle with the New York Attorney General’s office.

Triton is Nvidia’s open-source inference server designed to optimize AI model deployment, now at the center of newly disclosed security vulnerabilities. Technology company Nvidia released on Saturday a software update to patch vulnerabilities in its Triton server, which clients use for artificial intelligence models. The vulnerabilities, which cybersecurity company Wiz calls “critical,” could lead to the takeover of AI models, data theft and response manipulation if not patched. “Wiz Research found a chain of vulnerabilities that, when combined, could let an attacker with no prior access take full control of an AI server,” Wiz head of vulnerability research Nir Ohfeld told Cointelegraph. Read more

Capital B has raised €11.5 m through equity and convertible bonds with TOBAM, allocating 95% to Bitcoin. The move could lift holdings to 2,173 BTC and follows ALTBG’s 2,275 % return since Nov 2024. Convertible terms link share conversion to premiums that sustain BTC-per-share growth.   The post Capital B Raises $13.3M Through Convertible Bonds to Expand Bitcoin Treasury Strategy appeared first on Cryptonews.

Verb Technology has priced an oversubscribed $558 million private placement to pivot into a Toncoin (TON)-focused treasury vehicle in partnership with Kingsway Capital. According to an Aug. 4 statement, Verb plans to rebrand to TON Strategy Co. (TSC) post-close and become the first publicly traded treasury reserve for Toncoin (TON), expected on or around August […] The post Verb secures $558M to become first TON treasury vehicle, plans TON Strategy rebrand appeared first on CryptoSlate.

Web3 pump-and-dump schemes thrive on hype, anonymity, and unregulated markets; understanding their playbook is key to avoiding costly traps. Pump-and-dump schemes in Web3 manipulate a cryptocurrency’s price through coordinated buying along with misleading information and hype to lure investors in before a mass selling of a token, leaving it almost worthless. Decentralized anonymity and 24/7 unregulated trading make the industry particularly vulnerable to these manipulative investment schemes. A pump-and-dump follows four stages, including the token prelaunch, promotional hype building at launch, price pumping through buying action and a coordinated sell-off by orchestrators running off with profits.  Read more

$XLM has climbed on steady volume as Stellar has broadened institutional ties, including PayPal’s forthcoming PYUSD launch and Visa’s stablecoin settlement pilot, reinforcing the network’s reputation for fast, compliant cross-border settlement and growing real-world asset flows. The post $XLM Jumps 5% to $0.41 After PayPal PYUSD and Visa Deals – Is $0.46 Next? appeared first on Cryptonews.

Former UK Chancellor and current Coinbase adviser George Osborne says the UK is falling behind in the cryptocurrency market, particularly when it comes to stablecoins. The United Kingdom is falling behind in the digital asset market, particularly in the area of stablecoins, despite the technology’s potential to help the country preserve its leading role in global financial services. That was a central message in a recent Financial Times op-ed by George Osborne, the former UK chancellor turned crypto lobbyist, who joined Coinbase as an adviser last year. “What I see makes me anxious. Far from being an early adopter, we have allowed ourselves to be left behind,” Osborne wrote, referring to his native UK.  Read more