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DeepNewz

LayerZero Proposes $110 Million Buyout of Stargate Bridge and Token
DeFi

LayerZero Proposes $110 Million Buyout of Stargate Bridge and Token

LayerZero Foundation has put forward a $110 million proposal to acquire the Stargate cross-chain bridge and all outstanding STG tokens, seeking to fold the asset into its own interoperability network
MicroStrategy Marks Five Years in Bitcoin With New 155-Coin Purchase
Blockchains

MicroStrategy Marks Five Years in Bitcoin With New 155-Coin Purchase

MicroStrategy Inc. disclosed in a regulatory filing on 11 August that it bought 155 bitcoin between 4 and 10 August for approximately $18 million
ALT5 Sigma Raises $1.5 Billion for WLFI Treasury, Adds Eric Trump as Board Director
TradFi & Fintech

ALT5 Sigma Raises $1.5 Billion for WLFI Treasury, Adds Eric Trump as Board Director

ALT5 Sigma Corporation said it has entered definitive agreements for a registered direct offering and a concurrent private placement
Brown University Doubles Bitcoin Stake to $13 Million via BlackRock ETF
TradFi & Fintech

Brown University Doubles Bitcoin Stake to $13 Million via BlackRock ETF

Brown University has doubled its exposure to Bitcoin by purchasing additional shares of BlackRock’s iShares Bitcoin Trust (ticker IBIT), bringing the Ivy League institution’s total position to about $13 million
Circle Mints About $1 Billion in USDC After Flurry of Treasury Moves
CeFi

Circle Mints About $1 Billion in USDC After Flurry of Treasury Moves

Blockchain-tracking service Whale Alert recorded a series of seven transactions from Circle Internet Financial’s USDC Treasury wallet on 8 August 2025 that created about 1
China Orders Brokers to Halt Stablecoin Promotion Amid Cooling Drive
Regulation & Politics

China Orders Brokers to Halt Stablecoin Promotion Amid Cooling Drive

Chinese authorities have instructed domestic securities brokers and affiliated research bodies to stop publishing reports on or hosting promotional events for stablecoins, according to several market notices circulated on 8 August
Animoca Brands, Standard Chartered, and HKT to Pursue Hong Kong Stablecoin License Under New Ordinance
Regulation & Politics

Animoca Brands, Standard Chartered, and HKT to Pursue Hong Kong Stablecoin License Under New Ordinance

Animoca Brands, Standard Chartered Bank (Hong Kong), and HKT have established a joint venture named Anchorpoint Financial Limited to pursue a stablecoin issuer license under Hong Kong's new Stablecoins Ordinance, which took effect on August 1, 2025
Pumpfun Launches Glass Full Foundation to Inject $1.69 Million Liquidity, Support Memecoins, and Buy Back Tokens in Solana Ecosystem
Blockchains

Pumpfun Launches Glass Full Foundation to Inject $1.69 Million Liquidity, Support Memecoins, and Buy Back Tokens in Solana Ecosystem

Pumpfun, a Solana memecoin launchpad, has launched the Glass Full Foundation to boost liquidity and support growth within the Solana blockchain ecosystem
El Salvador Plans World’s First Bitcoin Bank
Blockchains

El Salvador Plans World’s First Bitcoin Bank

El Salvador’s state-run Bitcoin Office said on 8 August that the government is preparing to establish what it calls the world’s first Bitcoin bank, broadening the Central American nation’s push to integrate the cryptocurrency into its financial system