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Harvard University Invests $116.6 Million in BlackRock’s Bitcoin ETF

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In a surprising development, Harvard University has made a substantial investment in the cryptocurrency market. According to recent SEC filings, the university’s endowment invested over $116.6 million into BlackRock’s Bitcoin ETF (IBIT) during the second quarter of 2025. This makes IBIT Harvard’s fifth-largest portfolio holding, a position that places its Bitcoin ETF investment ahead of … Read more

Axiom Becomes Fastest Solana Application to Reach $200 Million in Revenue

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Axiom, a Solana-based trading platform, has become the fastest application on the network to achieve $200 million in cumulative revenue, reaching the milestone in just 202 days after its launch. This pace significantly outstrips other popular Solana applications like Pump.fun (301 days) and Photon (320 days), which took much longer to reach the same figure. … Read more

U.S. “Crypto and AI Czar” David Sacks Calls Out Banks for Restricting Bitcoin ETF Access

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Venture capitalist David Sacks, who holds the informal title of U.S. “Crypto and AI Czar,” is publicly criticizing major banks and wealth platforms for what he calls the “last vestige of debanking.” Sacks is referring to the widespread restrictions that prevent many investors from accessing Bitcoin exchange-traded funds (ETFs). According to data from Tephra Digital, … Read more

Chainlink Launches LINK Reserve to Strengthen Its Economic Foundation

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Chainlink has introduced the LINK Reserve, a new treasury system designed to accumulate LINK tokens from all its revenue streams, both on-chain and from enterprise partnerships. The system automatically converts all incoming fees—regardless of the asset type—into LINK and stores them securely on the Ethereum blockchain. This process is managed by Chainlink Automation and CCIP, … Read more

Coinbase Integrates with DEXs to Enable Direct Trading of Base-Native Tokens

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Coinbase has launched a new feature that allows its users to trade Base-native tokens directly using their existing balances. This functionality is a result of a strategic integration between the Coinbase App and decentralized exchanges (DEXs) that support these tokens. This new integration provides a significant advantage for developers, as it gives them immediate access … Read more

SharpLink’s Strategic Pivot to Ethereum and Broader Market Trends

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SharpLink Gaming has announced a significant $200 million capital raise from four institutional investors, with plans to use the funds to expand its Ethereum treasury. The company aims to grow its ETH holdings to over $2 billion, which would make it one of the largest corporate ETH treasuries globally. SharpLink’s strategy involves accumulating ETH, staking … Read more

Pharos Network and Morpho Team Up to Build Institutional-Grade Lending for Real-World Assets

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Pharos Network, a Layer-1 blockchain for real-world asset finance (RWAfi), has partnered with lending network Morpho to integrate institutional-grade lending capabilities into the RWA ecosystem. With over $9 billion in deposits, Morpho will bring its lending infrastructure to the Pharos mainnet, aiming to create more transparent and capital-efficient credit markets. According to Wish Wu, Co-Founder … Read more

Bitcoin’s Bull Run May Be Losing Steam as Whales Prepare to Sell

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After reaching an all-time high of $122,054 on July 14, Bitcoin (BTC) has been trading in a narrow range between $111,855 and $116,952, indicating market uncertainty. A recent analysis from CryptoQuant suggests that the current bull run could be nearing its end due to several key indicators. CryptoQuant analyst Arab Chain noted a significant increase … Read more

El Salvador Announces Plans for Bitcoin Banking Amidst Broader Bitcoin Adoption Strategy

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El Salvador has announced its intention to introduce “Bitcoin Banks” into its economy, a move that aligns with President Nayib Bukele’s broader strategy to integrate Bitcoin into the country’s financial system. While the details are currently sparse, an official post on X declared that “Bitcoin Banks are coming to Bitcoin country.” This initiative could potentially … Read more

Ripple and SEC Settle Landmark Lawsuit, Confirming XRP as a Non-Security

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The long-running legal dispute between Ripple and the SEC has concluded after both parties filed a joint motion to dismiss their appeals on August 7. This action officially ends the high-profile lawsuit, which had been a focal point for the cryptocurrency industry. The central issue of the case, whether Ripple’s sales of XRP constituted the … Read more

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