Venus Protocol on the BNB Chain has incurred a $27 million loss linked to compromised smart contracts. coindesk.com
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Starknet has resumed operations following the recent outage. theblock.com
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Strategy has acquired 4,048 Bitcoin.
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Sharplink acquired 39,008 ETH last week, bringing their total holdings to 837,230 ETH.
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BingX Crypto & Financial News
The BNB Network Company, a division of CEA Industries overseeing treasury assets, has acquired 88,888 BNB.
The BNB Network Company has increased its BNB reserves to 388,888 coins.
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BingX Crypto & Financial News
Ethzilla (ETHZ) has announced that its Board of Directors has approved a promotion program with a budget of up to $250 million. The company also disclosed current holdings of 102,237 ETH.
ETHZILLA (ITHZ) plans to invest approximately $100 million in ETH into Etherfi.
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Yunfeng Financial's board has authorized the purchase of ETH on the open market to serve as a reserve asset. The company currently holds 10,000 ETH.
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Kite AI Raises $18 Million in Series A Funding Led by PayPal Ventures. cointelegraph
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CleanCore Solutions plans to raise $175 million through a share offering, with the proceeds designated to create a strategic reserve of Dogecoin. Investors include Pantera, GSR, and others.
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Rarible Launches New Fee Allocation System for Token Purchases
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NDO ONDO Finance to Launch ONDO Global Markets Tomorrow. Check it out.
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BingX Crypto & Financial News
TRON Inc. seeks to raise $1 billion for TRX acquisition.
TRON (TRX) announced that the main shareholder of Bravamorning Limited has exercised all share warrants, investing an additional $110 million and increasing the company's treasury by 312,500,100 TRX.
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Ether Machine reported that in August, it secured 150,000 ETH, totaling $654 million.
The Block
The Ether Machine raises another $654 million worth of Ethereum as holdings approach 500,000 ETH
The 150,000 ETH investment from longtime Ethereum proponent Jeffrey Berns will hit the firm's wallet later this week.
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Avalanche and Toyota are exploring the development of a new blockchain framework, the Mobile Orchestration Network (Mon). The initiative aims to enable secure data exchanges for vehicle financing, carpooling, insurance, and carbon credit tracking, as well as enhance ownership transfers in secondary markets.
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Propanc Biopharma (PPCB) has announced its plan to acquire $100 million worth of Ethereum (ETH).
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USA Manufacturing PMI for August rose to 53 from 49.8, according to the S&P report. The ISM Manufacturing PMI increased to 48.7 from 48.
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Binance has listed Somnia (SOMI).
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Glassnode reports that Bitcoin is currently exhibiting elevated levels of dormant activity, while Ethereumβs on-chain activity remains subdued. This divergence suggests that ETH price movements may be increasingly influenced by off-exchange markets, including derivatives trading.
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The Conflux Foundation (CFX) is seeking strategic alliances with public companies worldwide, targeting sectors including digital asset storage, POS-Node management, liquidity locking, and real-world asset management. Investments made by CFX into the treasury of these companies will be subject to a minimum four-year lock-up period.
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