Tether is contributing an additional 5,800 bitcoin to its treasury-backed firm Twenty One, bringing the firm’s total holdings to over 43,500 BTC. The move solidifies Twenty One’s position as a major player in the corporate Bitcoin space as it prepares to go public. Twenty One Set to Become the Third-Largest Corporate Bitcoin Holder With this latest contribution, Twenty One will rank as the world’s third-largest corporate Bitcoin treasury, just behind industry giants like MicroStrategy. The BTC will be transferred prior to the company’s anticipated Nasdaq listing, where it will trade under the ticker symbol CEP. Backed by Tether, SoftBank, and…
Author: Blockto Team
A recent vulnerability in the staking contract of SuperRare, an NFT trading platform, has resulted in the loss of over $730,000 worth of RARE tokens. The flaw, described by blockchain experts as easily preventable, has reignited discussions around smart contract testing, unit test coverage, and code audit best practices in the Web3 space. Critical Bug Gave Open Access to Core Function The exploit originated from a logic error in a key smart contract function, responsible for modifying the Merkle root—a crucial component for verifying user balances in staking systems. Instead of restricting access to only authorized addresses, the function allowed…
SharpLink, the crypto-forward firm led by Ethereum co-founder Joseph Lubin, has solidified its position as one of the largest corporate holders of Ethereum (ETH). With the recent acquisition of over 77,000 ETH, the company’s total holdings now surpass 438,000 ETH, valued at more than $1.6 billion. SharpLink Buys 77,209 ETH Amid Strategic Treasury Shift In a decisive move aligning with its crypto treasury-first strategy, SharpLink added 77,209 ETH last week alone. This latest purchase underscores the firm’s growing conviction in Ethereum’s long-term utility and market potential. This acquisition reflects a broader corporate pivot to digital assets as core balance sheet…
The cryptocurrency market has shown mixed performance over the last 24 hours, with a few standout digital assets posting strong gains. Among them, Stellar (XLM) and Hedera (HBAR) have emerged as the top performers, leading the charge in a generally stable market. Bitcoin (BTC) Trails with Modest 0.7% Increase Bitcoin (BTC), the benchmark cryptocurrency, recorded a modest 0.7% gain, underperforming relative to altcoins but continuing its slow, steady climb. BTC’s move upward signals overall market strength, though altcoins have clearly outpaced the leading cryptocurrency in short-term returns. Market watchers attribute the slow rise to lower volatility in recent days and…
Halcyon, a new communications firm focused on Bitcoin, stablecoins, and AI, officially launched this week, aiming to redefine how emerging tech companies tell their stories. Founded by Aubrey Strobel and Elena Nisonoff, both former Lolli executives, the firm is based in New York City and targets early to mid-stage startups. A Boutique PR Firm for the Next Tech Era Halcyon isn’t a traditional PR agency. It blends public relations, marketing, content, and video production with a venture-style partnership model. Strobel describes it as a modern, internet-native firm that helps clients craft impactful narratives aligned with market trends. “Bitcoin, DeFi, AI,…
Despite a massive over-the-counter Bitcoin sale, the crypto market is showing strong signs of institutional support — with Ethereum demand accelerating faster than ever. Market data reveals how both leading assets are absorbing capital flows differently in the current cycle. Bitcoin Price Recovers After 80,000 BTC Whale Move On July 25, a dormant wallet dating back to 2011 triggered a massive 80,000 BTC transfer, valued at approximately $9 billion, sparking brief market volatility. Bitcoin dropped 4% — from $119,500 to $114,500 — before quickly recovering above $118,000. Analysts credit this recovery to persistent institutional accumulation by treasury companies and ETFs,…
In a strategic shift that highlights the increasing institutional adoption of Bitcoin, ZOOZ Power has appointed Jordan Fried, co-founder of Hedera Hashgraph, as its incoming chief executive officer and board director. This move positions the company at the forefront of crypto treasury innovation, supported by a strong funding round and international expansion. ZOOZ Power Secures $180M for Bitcoin Treasury Tel Aviv-based ZOOZ Power, a leading energy management solutions provider, has announced a $180 million private investment to back its Bitcoin reserve strategy. This makes ZOOZ the first dual-listed Bitcoin treasury company on both the U.S. Nasdaq and Israel’s TASE. The…
Veda Protocol, a decentralized finance (DeFi) platform, has made a major legal appointment as it prepares for rapid expansion. TuongVy Le, a former senior counsel at the U.S. Securities and Exchange Commission (SEC), has been named General Counsel at Veda, bringing deep regulatory experience to the growing cross-chain yield platform. Bridging Regulation and DeFi Innovation TuongVy Le spent nearly six years at the SEC, where she played a key role in shaping early digital asset policy and enforcement. Her experience spans early investigations into crypto offerings, including high-profile cases involving unregistered token sales and securities violations. Le also contributed to…
Bitcoin mining giant MARA Holdings has executed a major strategic move by raising $950 million through convertible senior notes, signaling a strong commitment to increasing its Bitcoin reserves. The firm, which already ranks as the second-largest public Bitcoin holder globally, plans to allocate a substantial portion of these funds directly into new BTC purchases. Bitcoin Holdings Near $6 Billion MARA currently holds approximately 50,000 BTC, estimated at a market value close to $6 billion. This places it just behind the top corporate Bitcoin holder in terms of total BTC owned. The newly issued notes, due in 2032, come with a…
Coinbase’s close ties with Circle and deep exposure to the USDC stablecoin ecosystem are proving to be a major financial win, according to a new report by JPMorgan. The Wall Street bank estimates that Circle-related economics could be worth $55 to $60 billion to Coinbase shareholders—an amount that may be undervalued by current market sentiment. $300 Million Earned in Q1 Alone In the first quarter of 2025, Coinbase (COIN) reportedly earned around $300 million from Circle, surpassing Circle’s own total net revenue, according to JPMorgan analysts. This revenue is primarily driven by the growing adoption and usage of USDC, the…