Category: Bitcoin News

Anthropic Valuation Hits $183B as Claude AI Expands Into Crypto

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AI company Anthropic, the developer of the Claude family of large language models, has reached a $183 billion valuation following its latest funding round — a dramatic increase from the start of the year that underscores the accelerating growth of AI applications. The company disclosed Tuesday that it closed a $13 billion Series F round co-led by venture firms ICONIQ Capital, Fidelity Management & Research Company and Lightspeed Venture Partners. Some of North America’s most prominent investors also joined the raise, reflecting the surge in institutional interest in artificial intelligence…

Ethereum Foundation to sell 10K ETH ’to fund R&D, grants, and donations’

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The Ethereum Foundation (EF) has announced another sale worth about $43 million in Ether as part of efforts to fund research and development, grants, and donations related to the ecosystem. In a Tuesday X post, the foundation said it planned to convert 10,000 Ether (ETH) using centralized exchanges “over several weeks.” The group said the conversion intended to fund its work “will take place over multiple smaller orders, rather than as a single large transaction.” The foundation supporting the Ethereum blockchain released a treasury policy in June, which laid out…

Solana’s Alpenglow Upgrade Clears Governance Vote for Implementation

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After a two-week governance process in which more than half of validators cast votes, Solana is set to be upgraded using the Alpenglow consensus protocol. According to the results of the governance process released on Tuesday, more than 98% voted yes to approve the new consensus protocol for Solana, with a 52% stake participating. The Alpenglow upgrade is expected to reduce the transaction finality to 150 milliseconds from more than 12 seconds, significantly overhauling the ecosystem. “At these speeds, Solana could realize Web2-level responsiveness with L1 finality, unlocking new use…

8 Crazy Things You Can Buy With Crypto in 2025

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Key takeaways Crypto can be spent on virtually everything in 2025, including high-value and unconventional items. Cryonic preservation, DNA storage and advanced biohacking treatments are now available through cryptocurrency payments worldwide. From property deals to tuition bills, more institutions are opening up to cryptocurrency payments. Autonomous AI agents can make crypto payments, while tokenized racehorses and NFT-linked animals combine digital and physical ownership. We are past the time when cryptocurrencies were just for trading and investing. You can now use it to buy virtually anything, including luxury and unconventional items,…

Who Owns the Most Ethereum in 2025? Inside the Ethereum Rich List

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Key takeaways:  Around 61% of all ETH is held by just 10 addresses, but most belong to staking contracts, exchanges or funds, not individual whales. Nearly half of all ETH sits in a single smart contract: the Beacon Deposit Contract that powers Ethereum’s proof-of-stake system. Big institutions like BlackRock, Fidelity and listed companies now hold millions of ETH, turning Ether into a serious treasury asset. ETH ownership has moved on from early adopters. Today, it’s all about the platforms and services building on top of it. As of August 2025,…

Bitcoin Copies Gold Surge But $100,000 Worries Remain

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Key points: Bitcoin moves in step with gold, rising toward $112,000 as gold hits new all-time highs. BTC price action has yet to confirm a reversal, say commentators, with the risk of a $100,000 dip still real. September seasonality means that week three of the month is all but guaranteed to see losses. Bitcoin (BTC) surged with gold at Tuesday’s Wall Street open as bulls crunched through short liquidity. BTC/USD one-hour chart. Source: Cointelegraph/TradingView Trader: BTC price still due $100,000 dip Data from Cointelegraph Markets Pro and TradingView showed BTC/USD…

North Korean “Developers” Infiltrate Crypto Firms

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The 2025 Favrr heist In a twist worthy of a cyber‑thriller, a group posing as blockchain developers pulled off a $680,000 heist on fan token marketplace Favrr in June 2025, only to be unmasked when one of their own devices was counter‑hacked. What emerged was startling: Six North Korean operatives had at least 31 fake identities. They carried forged government IDs, phone numbers and fabricated LinkedIn and Upwork profiles. Some even posed as talent from Polygon Labs, OpenSea and Chainlink to infiltrate the crypto industry. The digital breadcrumbs (screenshots, Google…

Bitmine Now Holds 1.86M ETH, About 1.5% of All Ether

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BitMine Immersion Technologies, a publicly traded Bitcoin mining company and Ether treasury, said it holds almost 1.9 million ETH — well over 1.5% of all circulating Ether. According to a Tuesday announcement, BitMine holds 1,866,974 Ether (ETH) or nearly 1.55% of the entire ETH supply, 192 Bitcoin (BTC) and unencumbered cash of $635 million. This results in a combined total capital of $8.98 billion. According to Strategic ETH Reserve data, Bitmine is currently the world’s largest corporate Ether treasury, with its ETH holdings valued at over $8.1 billion. The second-largest…

Tokenized Equity Product xStocks Launches on Ethereum

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XStocks, a tokenized stock product owned by Backed Finance, is launching on Ethereum with about 60 tokenized stocks, including NVIDIA, Amazon, Tesla, Meta and Walmart, according to an announcement on Tuesday. Before its debut on Ethereum, xStocks had launched on Solana, BNB Chain and Tron. Behind the platform is Backed Finance, a real-world asset (RWA) tokenization company that has been partnering with crypto exchanges, including Kraken and Bybit, to host its product. “Ethereum is one of the world’s most widely adopted smart contract networks — and xStocks were built to…

5 Most Powerful People in Crypto (August 2025)

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Key takeaways:  Power in crypto has shifted from traditional players to five forces driving onchain finance and control. These forces are stablecoins, ETFs, base-layer upgrades, blockspace security and high-throughput execution. Traditional gatekeepers like exchanges and regulators now play a lesser role. Power in crypto today revolves around five levers: dollar liquidity (stablecoins), capital markets (ETFs and tokenization), base-layer roadmaps, blockspace security markets and high-throughput execution. Since 2024, the balance of influence has shifted away from the old “exchanges vs. regulators” dynamic to a new center of gravity. Bitcoin (BTC) exchange-traded…