Trump Jr.-Backed Thumzup Targets $100M From Dogecoin Mining Expansion
Media and tech company Thumzup, which has ties to Donald Trump Jr., is making a major pivot into cryptocurrency mining, setting its sights on Dogecoin. The firm announced plans to purchase 3,500 Dogecoin mining rigs, projecting potential yearly revenues of up to $103 million if DOGE climbs to the $1 mark. In a shareholder update […]
Whales Face Heavy Losses as WLFI Drops 40% Despite Token Burn
Large crypto holders tied to Trump-linked World Liberty Financial (WLFI) are taking major hits, with millions wiped out as the token keeps sliding, even after a move to cut supply. Data from Onchain Lens shows that whale wallet 0x432 lost more than $1.6 million after a leveraged WLFI long position was liquidated. The loss came […]
Coinbase pushes deeper into AI-driven coding, aims for 50% by October
Coinbase CEO Brian Armstrong revealed that artificial intelligence is now responsible for generating more than 40% of the exchange’s codebase — and he expects that figure to hit 50% within weeks. In a post on X this Wednesday, Armstrong stressed that while AI-generated code still requires thorough review, the company is determined to leverage the […]
Justin Sun’s WLFI Address Blocked After $9M Transfer
Tron founder Justin Sun saw his World Liberty Financial (WLFI) wallet blacklisted on Thursday after it moved 50 million WLFI tokens to the HTX exchange. Blockchain data from Nansen and Arkham confirmed that the wallet was flagged soon after the transfer, which was valued at around $9 million. The move quickly sparked rumors that WLFI […]
US climbs to 2nd in global crypto adoption as Asia-Pacific leads growth
The United States has surged into second place worldwide for cryptocurrency adoption, helped by regulatory advances in Washington and strong demand for exchange-traded funds (ETFs), according to Chainalysis’ latest Global Adoption Index. India retained the number one position for the third consecutive year, pushing the broader Asia-Pacific region into the spotlight as the fastest-growing market […]
WLFI Stops Hack Attempts Through Onchain Blacklisting
World Liberty Financial (WLFI), a decentralized finance (DeFi) initiative with ties to Trump, reported that it successfully blocked several hacking attempts during its token launch by blacklisting compromised wallets directly onchain. According to WLFI, a designated wallet carried out “mass blacklisting” transactions ahead of the token’s debut, shutting down accounts that had been flagged as […]
World Liberty torches 47M WLFI tokens in effort to stop price drop
World Liberty Financial, the Trump-linked crypto initiative, has kicked off a large-scale token burn in hopes of lifting its struggling coin price, which has been sliding since the project went live earlier this week. Blockchain data highlighted by Lookonchain revealed that on Wednesday, the team removed 47 million WLFI tokens from circulation by sending them […]
Avalanche and Toyota Explore Blockchain-Powered Robotaxi Infrastructure
Avalanche, together with Toyota Blockchain Lab, is laying the groundwork for the next generation of autonomous mobility by developing the infrastructure needed for self-operating robotaxi fleets. The collaboration highlights how blockchain can become a core technology in the future of transportation. At the heart of the project is the Mobility Orchestration Network (MON), a blockchain-based […]
Crypto thefts hit $163M in August as hackers change tactics
The crypto sector lost over $163 million in August due to 16 separate hacks and scams, according to data from blockchain security firm PeckShield. A single social engineering attack on a Bitcoiner accounted for more than half of the month’s total losses. PeckShield revealed on X that August’s losses were 15% higher than July’s $142 […]
Strategy boosts Bitcoin stack with $449M purchase, total August buys hit 7.7K BTC
Michael Saylor’s company Strategy, the largest publicly traded Bitcoin holder, has once again expanded its crypto reserves after last week’s dip below $108,000. According to a filing with the U.S. Securities and Exchange Commission (SEC) on Tuesday, Strategy purchased 4,048 BTC between Aug. 25 and Monday, spending roughly $449.3 million. The purchase was made at […]