Author: Digicoinvision
Coinbase’s Ethereum Layer 2 network, Base, has resumed regular block production after a brief service disruption on Aug. 5, according to the project’s status page.The disruption lasted from 06:15 UTC until 06:44 UTC.The pause, which occurred at block height 33,792,704, temporarily impacted key network functions, including deposits, withdrawals, and general block production.However, the issue was resolved swiftly, with normal block production restarting about 30 minutes after the initial halt.The Base team confirmed the resolution and said they would continue monitoring the network as of press time. The team or its leadership has made no additional public comments regarding the specific…
Figure Technology Solutions, a fintech company focused on transforming financial services through blockchain technology, has filed confidentially for an initial public offering (IPO) with the US Securities and Exchange Commission, joining a growing list of crypto-related companies preparing to enter traditional financial markets.Figure Technology submitted a confidential IPO filing with the SEC related to its equity securities offering expected in 2025, the company announced on Monday.The number of shares and the price range have yet to be determined, subject to market conditions and the completion of the SEC’s review process. The IPO filing was made under a new SEC clause…
A crypto lobby group claims that the US is back on track to lead the cryptocurrency industry after the White House’s latest crypto report called for the nation’s finance regulators to align on digital assets.The report, released last week, marks a possible end to the long-standing turf war between the Securities and Exchange Commission and the Commodity Futures Trading Commission over how to classify and regulate cryptocurrencies.“We’ve had legal precedent — Bitcoin, Ether and many other digital assets are much more akin to commodities,” said Ji Hun Kim, newly appointed CEO of the advocacy group Crypto Council for Innovation, in…
A controversial European Union proposal dubbed “Chat Control” is regaining momentum, with 19 out of 27 EU member states reportedly backing the measure.The plan would mandate that messaging platforms, including WhatsApp, Signal and Telegram, must scan every message, photo and video sent by users starting in October, even if end-to-end encryption is in place, popular French tech blogger Korben wrote on Monday.Denmark reintroduced the proposal on July 1, the first day of its EU Council presidency. France, once opposed, is now in favor, Korben said, citing Patrick Breyer, a former member of the European Parliament for Germany and the European…
Galaxy Digital reported a net income of $30.7 million for the second quarter of 2025, reversing the $295 million loss recorded in the previous quarter.The digital asset and infrastructure firm cited gains in balance sheet holdings and strong performance from its Global Markets division as key drivers of its recovery, according to a Tuesday press release.The quarter ended with Galaxy’s Bitcoin holdings increasing to 17,102 Bitcoin (BTC), valued at $1.95 billion. The company held 13,704 BTC by the end of the first quarter, suggesting that it added 4,272 BTC in Q2, the company disclosed in a financial supplement.The firm’s total…
tl;dr Rayonism☀️, hacking the Merge together This week, protolambda and others released plans for Rayonism, an ambitious month-long hack to create Merge devnets based on current specs with a stretch goal of adding sharding to these devnets along with L2 rollup integrations. The primary motivation is to unite development around a unified Merge spec to onboard all client teams firmly into the Merge design and process so that an informed decision on the Merge roadmap can be agreed upon in the coming months. That, and have a little bit of fun 🙂 In addition to Rayonism, Merge specs and design…
Key Takeaways BitMine now holds 833K ETH, worth over $3 billion, making it the world’s largest ETH treasury firm and the third biggest player in crypto treasury. Will ETH remain below $4K? BitMine Immersion Technologies (NYSE: BMNR) has scaled its Ethereum[ETH] treasury holdings to 833.1K ETH, approximately $3.05 billion based on market prices at press time. This followed the latest purchase of 208.1K ETH on the 4th of August, making it the world’s largest ETH treasury. BitMine had about twice the holdings of the second-largest ETH treasury firm, SharpLink Gaming, which was 438.2K ETH ($1.6 billion), at press time.…
Crypto analyst Ripple Queen has made a bold prediction that the XRP price can reach $10,000 at some point. The analyst also highlighted factors that make this price target achievable despite how ambitious it is. XRP Price To $10,000 Is Already On The Horizon In an X post, Ripple Queen declared that an XRP price tag of $10,000 is already “locked in.” She claimed that the math proves that the altcoin can reach this target and then alluded to how its supply is limited and its utility is unmatched. The analyst added that the world is catching up fast, indicating…
Coinbase has proclaimed that the Bank Secrecy Act, designed to safeguard the U.S. financial system from malicious actors, is flawed due to its implications for private data. Coinbase CLO Paul Grewal believes that ZKPs might be the answer to the act’s excessive data vulnerabilities. Coinbase Wants to Fix the US Bank Secrecy Act With Cryptocurrency […]
MNT has broken above key resistance for the first time in months, but technicals suggest it could be a fakeout. Still, strong fundamentals support the case for longer-term growth, making subsequent pullbacks a potential buy-the-dip opportunity. Summary MNT price surged over 20%, breaking above the $0.82–$0.85 resistance zone for the first time since February. Bearish RSI divergence suggests the rally may be losing momentum and this could be a fakeout. Fundamentally, Mantle’s large ETH-backed treasury and recent institutional partnerships may support continued growth despite near-term volatility. Mantle (MNT) price is in the middle of a bullish breakout, surging over 20%…