Author: NBTC
South Korean retail investors have reportedly ditched U.S.-listed big tech stocks like Alphabet and Tesla and have bought $259M worth of Peter Thiel-backed BitMine shares since early July. Korea Securities Depository claimed BitMine shares were the most popular foreign stock in the country. South Korean retail investors, who are reportedly drawn to high-risk, high-reward crypto opportunities, are now heavily targeting ETH treasury BitMine Immersion Technologies stocks. The U.S.-listed company recently transitioned from Bitcoin mining to an ETH treasury to accumulate and hold the token. It now has over $3.6B worth of ETH. Cryptopolitan recently reported that BitMine was considering issuing…
Blockchain scalability remains a pivotal challenge, prompting the exploration of innovative blockchain scalability solutions like Plasma and sharding. As decentralized networks continue to evolve, the need to process transactions more efficiently and accommodate growing user demands has become increasingly pressing. Both Plasma and sharding offer distinctive approaches to address this fundamental challenge, aiming to optimize transaction throughput and overall network performance. In this guide, we explore the intricacies of these two strategies, uncovering their unique features, benefits, and potential drawbacks. By examining the core principles, mechanisms, and real-world implications of each approach, we gain a comprehensive understanding of how these…
SharpLink has become one of the most aggressive Ethereum treasury companies of 2025. In May, it raised $425 million in a private placement led by Consensys, and in July, it appointed former BlackRock executive Joseph Chalom as co-CEO. By August 24, SharpLink disclosed holdings of 797,704 ETH and more than 1,799 ETH in staking rewards. BeInCrypto sat down with Chalom to discuss why SharpLink bet on Ethereum, how it plans to survive volatile cycles, and what its expansion into Asia means for investors at a time when rivals like Bitmine already hold 1.7M ETH. Why Ethereum, Not Bitcoin or Stablecoins…
Tech entrepreneur, CEO of Tesla and xAI, Elon Musk, has announced an important upcoming update of xAI’s Grok AI chatbot. However, while doing so, he cited his own popular tweet published four years ago, in 2021. Back then, this tweet became one of those Twitter posts that some analysts wanted to sue Musk for, alleging that he was engaged in manipulating financial markets. “Stonks” tweet brought back by Grok Imagine; Bitcoin In his tweet, Musk announced a soon-to-launch upgrade when Grok will be able to say words in a human voice. He published a 6-second video (the maximum Grok Imagine…
While some have dubbed Google Cloud Universal Ledger an “ XRP killer,” critics remain skeptical, arguing that its centralized control by Google runs counter to the core principles of decentralization. The Debate Over Centralization vs. Decentralization The recently launched Google Cloud Universal Ledger (GCUL), a private and permissioned blockchain, is being positioned as a secure platform for managing the full lifecycle of digital assets. Built on a “partnership model,” GCUL is designed to complement existing business frameworks rather than compete with them. Targeted at financial institutions, the platform promises significant benefits for both service providers and their clients. Although some…
Ethereum price started a fresh decline below the $4,550 zone. ETH is now attempting a recovery and might face hurdles near the $4,420 zone. Ethereum is still struggling to recover above the $4,500 zone. The price is trading below $4,500 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $4,430 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a decent increase if there is a close above the $4,450 level in the near term. Ethereum Price Eyes Steady Increase Ethereum price started a recovery wave after…
Hyperbeat, a protocol powering yield infrastructure on the Hyperliquid decentralized exchange, has closed a $5.2 million oversubscribed seed round co-led by ether.fi Ventures and Electric Capital. The raise will be used to build out their yield infrastructure for traders, protocols, and institutions that are tapped into the Hyperliquid ecosystem. The round also drew investments from Coinbase Ventures, Chapter One, Selini, Maelstrom, Anchorage Digital, and community backers via the HyperCollective. Hyperbeat serves as the native yield layer for Hyperliquid, building permissionless financial infrastructure that allows anyone to earn, stake, and spend directly from their on-chain portfolio. It unlocks yield generated by…
The Ethereum Foundation has announced that Holešky, one of Ethereum’s largest testnets, has reached the end of its lifespan and will soon be shut down. According to the statement, following the announcement on September 1st, the majority of validators on the network will be disabled two weeks after the Fusaka upgrade is approved on Holešky. From that date onward, the client, testing, and infrastructure teams will also no longer support Holešky. Holešky launched in 2023 as ETH’s largest public testnet, primarily used for large-scale testing of staking infrastructure and validator operations. During this time, the network hosted numerous protocol tests…
Timezone differences and banking hours often push payments in Asia to the next day. Summary Huma, Arf, and Geoswift to provide same-day settlement for merchants in Asia Sellers on global e-commerce often have to wait a full business day to receive payouts PayFi Network bypasses traditional banking bottlenecks Traditional banking creates significant payment bottlenecks, especially in Asia. For this reason, on Friday, August 14, Huma Finance, the company behind PayFi, partnered with Arf, Geoswift, and PolyFlow to offer same-day payouts to sellers on global e-commerce platforms. The solution is particularly needed in Asia, home to one of the largest seller…
Mike Novogratz’s Galaxy Digital closed a $1.4 billion secured term loan facility to accelerate the development of its Helios artificial intelligence datacenter campus in Texas. On Friday, the company announced that the loan will cover roughly 80% of the construction costs for the first phase of the project, with Galaxy Digital contributing $350 million in equity. According to a US Securities and Exchange Commission filing, the loan is secured by all assets of Galaxy Helios I, a subsidiary of Galaxy Digital, and it matures on Aug. 15, 2028. The capital will fund the expansion of the Helios AI datacenter to…