Crypto

The company CEO called the stock undervalued, with an "underappreciated" bitcoin business and little to no value being applied to the firm's high-performance computing potential.

PancakeSwap Infinity, the latest version of the DEX, has launched on Coinbase’s Base network as its TVL and DEX activity hit all-time highs. PancakeSwap Infinity, the fourth version of the PancakeSwap decentralized exchange (DEX), has made it to Coinbase’s Ethereum layer-2 network, Base. According to a Tuesday announcement shared with Cointelegraph, PancakeSwap Infinity is now live on Base. The announcement follows the launch of PancakeSwap Infinity on BNB Chain at the end of April. The announcement comes as Base’s total value locked (TVL) reached a new high of $4.295 billion, according to DefiLlama data. This represents a 33.75% increase from its TVL of $3.211 billion reported on Jan. 1. Read more

Telegram rolls out TON Wallet to US users, enabling self-custodial crypto transactions, DeFi access and off-ramp features within the app. Telegram began rolling out its native cryptocurrency wallet to users in the US, marking a significant expansion of its blockchain-based services. Built on The Open Network (TON) blockchain, TON Wallet is the first self-custodial crypto wallet to be integrated into a major social platform available to US users, according to a Tuesday news release shared with Cointelegraph. Supported by the TON Foundation, the wallet allows users to send, receive and store digital assets directly within the Telegram app, eliminating the need for external downloads or browser extensions, according to the announcement. Read more

SharpLink bought 79,949 ETH — its largest such purchase — to reclaim its status as the world’s largest public ETH holder. Sports betting platform SharpLink Gaming kept accumulating Ether (ETH) after briefly slipping to the second-largest public ETH holder behind BitMine Immersion Technologies. SharpLink acquired a record-breaking amount of Ether for the company in the past week ending Sunday, reporting a purchase of 79,949 ETH on Tuesday. The acquisition was completed at an average ETH purchase price of $3,238, totaling about $258.9 million. Read more

Western Union is exploring stablecoin integration for cross-border transfers, conversions and digital wallets, positioning it as an innovation opportunity. Western Union is exploring ways to integrate stablecoins into its services as the firm seeks to modernize cross-border payments. During a Monday interview with Bloomberg, Western Union CEO Devin McGranahan said that the company views stablecoins as an opportunity. He also said it is exploring partnerships with major crypto industry players to offer stablecoin on-ramp and off-ramp services, as well as a digital wallet. “We see stablecoin really as an opportunity, not as a threat. […] We’re 175 years old, and we’ve been innovative across [those] 175 years. And stablecoin is just yet one more opportunity to innovate,” McGranahan said. Read more

Sahara AI’s new bounty platform rewards users for labeling training data, with over $450K in token payouts

Dogecoin could rival the likes of Ethereum and Solana, developers say, if a new network upgrade proposal is passed and implemented.

Pump.fun whales have sent over $160 million in tokens to exchanges as PUMP drops below its ICO price, triggering fears of a broader memecoin market correction. Private sale investors of the Pump.fun (PUMP) memecoin began offloading billions of tokens to exchanges, raising concerns of a sell-off as the token dropped below its initial sale value.  Blockchain analytics firm Lookonchain flagged that two early backers of the memecoin token, labeled in Solscan as “PUMP Top Fund 1” and “PUMP Top Fund 2,” collectively sent over $160 million in PUMP tokens to centralized exchanges.  During the private sale, the Top Fund 1 wallet acquired 25 billion tokens for $100 million in USDC (USDC). In the last week, the wallet deposited 17 billion tokens worth almost $90 million to exchanges. While the whale started offloading, it still holds tokens worth $29.5 million.  Read more

Bitcoin can still surpass all-time highs, but doubts surface over how quickly bulls can get past the latest sub-$120,000 consolidation phase. Key points: Bitcoin market momentum slows after its all-time highs, but investors are not wasting time adjusting to rangebound conditions. Profitability has “cooled,” says Glassnode, but fresh gains are still possible. Read more

Hedera and Hyperliquid led losses among the top 20 as altcoins entered a “cooling off period” after overbought signals, Decrypt was told.

Ether risks a correction to $3,000 as its daily chart flashes overbought signals similar to the setup that triggered a sell-off in May. Key takeaways: An Ethereum whale secured a $9.87 million profit after just 14 days. ETH’s RSI is signaling a possible short-term correction toward $3,000. Read more

Bitget Wallet’s direct withdrawal launch for USDT and USDC reflects the growing demand for ways to exit crypto positions without relying on centralized exchanges. Bitget Wallet, a self-custodial wallet operated by major cryptocurrency exchange Bitget, introduced its first fiat withdrawal option with crypto payment platform MoonPay. Bitget Wallet has partnered with MoonPay to launch a crypto off-ramp allowing users to convert stablecoins directly into 25 fiat currencies, the companies announced on Tuesday. “Before the launch of this fiat withdrawal feature, Bitget Wallet users typically transferred assets to centralized exchanges such as Bitget Exchange or third-party platforms for fiat conversion,” Bitget Wallet chief market officer Jamie Elkaleh told Cointelegraph. Read more

A quiet wave of browser-based crypto miners is spreading across the web, repurposing compromised sites from older attacks.

The Wall Street giant may allow clients to borrow against crypto holdings, such as Bitcoin and Ethereum, as early as next year.

Solana hit a five-month high amid surging open interest, though macro headwinds and technicals point to a mixed near-term outlook.

Coinbase’s new contracts offer 5-year durations while touting lower fees, as it aims to lure U.S. traders from offshore platforms.

Western Union joins a growing list of firms exploring stablecoins as the GENIUS Act brings new clarity to U.S. regulations.

Crypto traders are eyeing rate cuts this year amid a growing standoff between President Trump and Fed Chair Jerome Powell.

More than 913,111 ETH has been permanently lost due to user and contract-related errors, according to Conor Grogan, a director at Coinbase. At current prices, that amounts to approximately $3.43 billion in inaccessible assets, which represent over 0.76% of Ethereum’s total circulating supply. Grogan highlighted several major incidents that have contributed to this significant number […] The post Over $3.4 billion in Ethereum lost forever due to user mistakes and contract bugs appeared first on CryptoSlate.

Ethereum's record $2.12 billion inflows pushed total crypto investment products to $4.39 billion weekly inflows.