Native Markets Takes Home The Prize, Secures USDH Ticker After Heated Race

Native Markets, one of the teams that submitted a proposal to issue and manage the Hyperliquid crypto exchange’s US dollar stablecoin (USDH), officially claimed the USDH ticker on Sunday, following a community vote. The project will deploy the inaugural Hyperliquid Improvement Proposal (HIP) for USDH and an ERC-20 token, the token standard for the Ethereum…

ETH/BTC Ratio Remains Under 0.05 For Past 14 Months: Report

The Ether-Bitcoin (ETH/BTC) ratio, which measures the price of Ether (ETH) against the price of Bitcoin (BTC), has failed to reclaim 0.05, despite adoption of ETH by institutions and the historic price rally in July and August that took ETH to new all-time highs. ETH/BTC has remained below the 0.05 level since July 2024, and…

Blockchain Will Transform Football’s Broken Transfer System

Opinion by: Przemysław Kral, CEO of zondacrypto The football transfer market has long been seen as a world of discrete backroom deals and negotiations. The transfer window brings immense excitement to supporters wanting to see how clubs prepare for the season ahead.  It’s not always smooth sailing, given the huge capital requirements and tight deadlines…

Tom Lee’s BitMine Buys $200M ETH To Bring Holdings Over $9B

Blockchain tech firm BitMine Immersion Technologies has added to its massive Ether holdings for the second time this week, buying $200 million worth from digital asset trust Bitgo.  Blockchain data reviewed by Lookonchain shows BitMine purchased 46,255 Ether (ETH) across three transactions with Bitgo on Wednesday. BitMine has the largest ETH holdings of any public…

Zodia Custody, SBI End Japan Joint Venture in Strategic Shift

Update (Sept. 12, 7:58 am UTC): This article has been updated with comments from an SBI Holdings representative. Zodia Custody, the digital asset custody firm backed by Standard Chartered, has dissolved its joint venture with Japan’s SBI Holdings two years after launching the initiative. The venture, known as SBI Zodia Custody, was 51% owned by…

Underperforming Altcoins Are Confusing Treasury Narrative

Companies adding underperforming altcoins to their balance sheets are muddying the broader treasury narrative, says Bitcoin treasury company Nakamoto CEO, David Bailey. “The treasury company moniker itself is confusing,” Bailey said in an X post on Sunday.  “Toxic financing, failed altcoins rebranded as DATs, too many failed companies with no plan or vision. It’s totally…

Capital Group Grows Bitcoin Bet to $6B Through Treasury Stock Surge

Capital Group, a 94-year-old mutual fund powerhouse known for its conservative investment approach, has grown a $1 billion position in Bitcoin-related stocks into more than $6 billion. Mark Casey, a portfolio manager with 25 years at Capital Group, led the firm’s move into Bitcoin. Casey, who describes his investment style as shaped by Benjamin Graham…

Why Bitcoin Miners Are Powering AI’s Expansion

When Core Scientific signed a $3.5 billion deal to host artificial intelligence (AI) data centers earlier this year, it wasn’t chasing the next crypto token — it was chasing a steadier paycheck. Once known for its vast fleets of bitcoin mining rigs, the company is now part of a growing trend: converting energy-intensive mining operations…

The Intersection Of DeFi And AI Calls For Transparent Security

Opinion by: Jason Jiang, chief business officer of CertiK Since its inception, the decentralized finance (DeFi) ecosystem has been defined by innovation, from decentralized exchanges (DEXs) to lending and borrowing protocols, stablecoins and more.  The latest innovation is DeFAI, or DeFi powered by artificial intelligence. Within DeFAI, autonomous bots trained on large data sets can…

Underperforming Altcoins Are Confusing Treasury Narrative

Companies adding underperforming altcoins to their balance sheets are muddying the broader treasury narrative, says Bitcoin treasury company Nakamoto CEO, David Bailey. “The treasury company moniker itself is confusing,” Bailey said in an X post on Sunday.  “Toxic financing, failed altcoins rebranded as DATs, too many failed companies with no plan or vision. It’s totally…