Author: NBTC

In the fast-paced world of cryptocurrency, even the most seasoned traders face volatility. Recently, a prominent Hyperliquid whale known as AguilaTrades experienced a notable event, highlighting the intense nature of high-stakes digital asset trading. This incident involved a substantial ETH short position, which led to a considerable setback, yet the larger narrative reveals a different story of resilience and profit. What Happened with the Hyperliquid Whale’s ETH Short Position? Early this morning, the crypto community observed a significant move from AguilaTrades, a known Hyperliquid whale. The trader nearly closed out a highly leveraged 25x ETH short position. This particular trade…

A federal judge has paused the Federal Trade Commission’s inquiry into Media Matters, issuing a temporary order that prevents the agency from proceeding while the case unfolds. In 2023, the left-leaning watchdog reported that ads from major brands were appearing beside antisemitic and other objectionable posts on X, Elon Musk’s social network. Many big advertisers then froze their spending on the platform. X, in turn, sued Media Matters. The company also brought cases against several advertisers and industry groups, alleging a “systematic illegal boycott.” After Donald Trump returned to the White House in January, the FTC launched a review into…

Key Takeaways SharpLink Gaming disclosed holding 728,804 ETH, positioning itself among the largest corporate Ethereum treasuries. Nearly 100% of its holdings are staked, generating over 1,300 ETH in rewards and marking a strategic focus on ETH as a new financial core asset. SharpLink Gaming, one of the world’s largest corporate holders of Ethereum (ETH), disclosed Friday that its Ethereum holdings have reached 728,804 units. With ETH trading at $4,642 at press time, the stash is valued at approximately $3.4 billion. SharpLink is currently the second-largest Ethereum treasury company, only behind BitMine Immersion Technologies, which has accumulated over 1 million ETH.…

Video-sharing platform Rumble is considering an all-stock acquisition of Tether-backed AI and data center operator Northern Data. Summary Northern Data shareholders would receive 2.319 newly issued Class A Rumble shares for each share they tender. The company owns five data center sites with potential energized capacity of nearly 850 MW, including a 180 MW facility under development in Georgia. Northern Data has also agreed to sell its Peak Mining unit to U.S.-based Bitcoin miner Elektron Energy. Rumble has reportedly informed Northern Data of its interest in pursuing the acquisition, according to an Aug. 10 press release from the company. Under…

The US Department of the Treasury is seeking public feedback on how digital identity tools and other emerging technologies could be used to fight illicit finance in crypto markets, with one option being embedding identity checks into decentralized finance (DeFi) smart contracts. The consultation, published this week, stems from the newly enacted Guiding and Establishing National Innovation for US Stablecoins Act (GENIUS Act), signed into law in July. The Act, which sets out a regulatory framework for payment stablecoin issuers, directs the Treasury to explore new compliance technologies, including application programming interfaces (APIs), artificial intelligence, digital identity verification and blockchain…

The world of cryptocurrency often highlights the massive operations of large mining farms, but every so often, an individual achievement reminds us of the decentralized spirit. Recently, a solo Bitcoin miner defied the odds, successfully mining a full Bitcoin block and securing a substantial reward. This incredible feat occurred on August 17th, when the anonymous solo Bitcoin miner confirmed block 910,440 at approximately 10:19 UTC. This monumental effort yielded a remarkable 3.1 BTC, valued at an astounding $370,000 at the time. Data from blockchain explorer Mempool verified this rare event, sparking discussions across the crypto community and showcasing the unpredictable…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Ethereum (ETH) isn’t just another blockchain or a smart contract platform — it’s the rails, infrastructure, and lifeblood powering the future of finance. If you’re still watching Bitcoin (BTC) dominate the headlines and wondering when the world will “get” Ethereum, wake up. The shift is already happening, and the signals are undeniable. Summary Ethereum’s $450B market cap could realistically climb toward $3T by 2030 — not on hype, but on infrastructure, usage, and protocol‑driven scarcity. ETH’s deflationary…

Cryptocurrency investment products posted gains last week, rebounding after the prior week ended a record 15-week inflow streak totaling $27.8 billion. Global crypto exchange-traded products (ETPs) saw $572 million of inflows during the trading week ending last Friday, the European crypto asset manager CoinShares reported on Monday. The new inflows came amid Bitcoin (BTC) and Ether (ETH) prices recovering last week, with ETH reaching a psychological mark of $4,000 for the first time since December 2024. Weekly crypto asset flows. Source: CoinShares With the new gains, year-to-date (YTD) inflows edged up to a new historic high of $30.7 billion, while…

A federal court in Brooklyn has jailed a crypto influencer operating a large-scale cryptojacking scheme worth millions of dollars. According to prosecutors, the defendant, Charles Parks III, also known as CP30, stole more than $3.5 million in cloud computing services to mine digital assets. Cryptojacking, which is also referred to as illegal crypto mining, involves the unauthorized use or hijacking of another person’s resources, including electricity, hardware, or computing power, to mine digital assets. According to prosecutors, Parks defrauded two popular cloud computing services of the resources, using them to mine about $1 million in digital assets. They mentioned that…

FIFA Rivals, a mobile Web3 soccer game Mythical Games, announced Monday its first club partnership with German Bundesliga team Borussia Dortmund. The multi-year collaboration will bring exclusive Borussia Dortmund content to the iOS and Android game throughout the 2025/26 season, including digital player cards featuring current squad members such as Karim Adeyemi, Serhou Guirassy, Nico Schlotterbeck, and Gregor Kobel. The team-up will bring various fan engagement features into FIFA Rivals, including official team kits as collectible items. The game will also host giveaways featuring in-game collectibles, match tickets, and physical merchandise. ⚫🟡 BLACK & YELLOW WEEK IS HERE! ⚽️ Claim…