Arthur Hayes Buys Back ETH Higher, ‘Pinky Swears’ to Never Take Profit Again

BitMEX co-founder and Bitcoin billionaire Arthur Hayes has bought back into Ethereum just a week after selling a large tranche. Onchain data shows that Hayes offloaded 2,373 Ether (ETH), worth roughly $8.32 million at the time, when the token was trading near $3,507. The sale, which occurred about a week ago, locked in profits before…

Embargo Ransomware Moves $34M in Crypto, Linked to BlackCat — TRM Labs

A relatively new ransomware group known as Embargo has become a key player in the cybercrime underground, moving over $34 million in crypto-linked ransom payments since April 2024. Operating under a ransomware-as-a-service (RaaS) model, Embargo has hit critical infrastructure across the United States, with targets including hospitals and pharmaceutical networks, according to blockchain intelligence firm…

Michael Saylor Is Not Concerned About ETH Treasury Companies

Strategy executive chairman and Bitcoin maximalist Michael Saylor showed no signs of worry about the growing treasury interest in Ether and other cryptocurrencies. “I think there is an explosion of innovation across the entire crypto economy, and on the margin it is good for everybody in the digital asset space,” Saylor said during a Bloomberg…

Embargo Ransomware Moves $34M in Crypto, Linked to BlackCat — TRM Labs

A relatively new ransomware group known as Embargo has become a key player in the cybercrime underground, moving over $34 million in crypto-linked ransom payments since April 2024. Operating under a ransomware-as-a-service (RaaS) model, Embargo has hit critical infrastructure across the United States, with targets including hospitals and pharmaceutical networks, according to blockchain intelligence firm…

Vitalik Buterin Reclaims ‘Onchain Billionaire’ Status

Ethereum co-founder Vitalik Buterin has regained his status as a ten-figure crypto holder just days after Ether crossed the $4,000 price level for the first time in eight months, according to a blockchain intelligence firm. “Vitalik Buterin is now an onchain billionaire again,” Arkham said in a post on Saturday. At the time of publication,…

Vitalik Buterin Reclaims ‘Onchain Billionaire’ Status

Ethereum co-founder Vitalik Buterin has regained his status as a ten-figure crypto holder just days after Ether crossed the $4,000 price level for the first time in eight months, according to a blockchain intelligence firm. “Vitalik Buterin is now an onchain billionaire again,” Arkham said in a post on Saturday. At the time of publication,…

BTC YTD Performance 2nd to Gold but 308,709x Higher Total Return Since 2011

Bitcoin slipped 0.11% in the past 24 hours to $116,702, according to CoinDesk Data, but remains up 25% year to date, second only to gold’s 29% gain among major asset classes, according to data shared by financial strategist Charlie Bilello on X. 2025 Performance so far As of Aug. 8, bitcoin’s 25% year-to-date return ranked…

Bo Hines, Leader of the White House Crypto Council, Steps Down

Bo Hines, the executive director of US president Donald Trump’s White House Crypto Council, announced he is stepping down on Saturday. Hines, who was appointed by the president to lead the advisory group in December 2024, said he is stepping down to rejoin the private sector and thanked the crypto community for its “unwavering” support….

Bitcoin Investment Banks are Coming

Regulated Bitcoin (BTC) investment banks are coming to El Salvador, following Thursday’s approval of El Salvador’s Investment Banking Law, which classifies investment banks under different regulations than commercial banks. Investment banks will now be allowed to hold BTC and other digital assets on their balance sheets and offer crypto services to “sophisticated” investors, the equivalent…

Institutions and Big Banks Dominating Crypto Narratives, While Cypherpunk Ethos Retreats

Traditional financial institutions are increasingly shaping the narratives in the crypto sector, and are poised to benefit the most from the current trends, according to Arthur Azizov, founder of B2 Ventures, a private “alliance” of crypto services and financial tech companies. Azizov told Cointelegraph that this market cycle has been dominated by institutional investors, investment…