Author: Digicoinvision
BitMine Immersion is executing one of crypto’s most aggressive accumulation plays, amassing 833,137 ETH worth $2.9 billion in just five weeks. The staggering haul now positions the firm as the single largest corporate holder of Ethereum worldwide. Summary BitMine Immersion has become the world’s largest corporate holder of Ethereum, acquiring 833,137 ETH worth $2.9B in just 35 days. Trading volume in BitMine stock has surged to rival major equities, signaling strong institutional belief in its Ethereum-centric pivot. In a press release dated August 4, BitMine Immersion Technologies announced its Ethereum (ETH) treasury had ballooned to 833,137 ETH, surpassing all other…
Decentralized exchange Hyperliquid has reimbursed nearly $2 million to users affected by a brief outage last week, a move that may strengthen confidence in decentralized trading platforms.The Hyperliquid platform’s application programming interface (API) suffered an outage Tuesday, which saw traders sidelined from order execution for about 37 minutes before resuming operations, its website shows.On Monday, Hyperliquid issued refunds totaling $1.99 million in USDC (USDC) to affected users, onchain data from Hypurrscan shows. Source: Hypurrscan Hyperliquid’s rapid response and $2 million repayment following the half-hour outage were praised by users.“Over $1.5m has already been sent out to users (can confirm),” said Hyperliquid…
On-chain analytics platform Arkham Intelligence recently uncovered the biggest crypto hack ever. The hack involved stolen Bitcoin worth $3.5 billion at the time, now worth $14 billion, which is larger than the $1.5 billion Bybit hack this year. Arkham Intelligence Unveils $14 Billion Hack on Chinese Mining Pool LuBian In an X post, Arkham revealed that it had uncovered a $3.5 billion Bitcoin heist, the largest ever. This hack was on LuBian, which was a Chinese mining pool with facilities in China and Iran. The analytics platform stated that 127,426 BTC appears to have been stolen from LuBian in December…
What was the BigONE $27 million hack? The Seychelles-based cryptocurrency exchange BigONE confirmed that on July 16, 2025, it suffered a crypto supply chain attack that allowed cybercriminals to drain $27 million from the exchange’s hot wallets.With a sophisticated attack, the hackers compromised the exchange’s production network and gained access to the funds without ever accessing private keys.Interestingly, BigONE has reported that no private keys were leaked during the exploit. Instead, internal systems were manipulated to grant unauthorized fund withdrawals across various assets. As confirmed by onchain data, the attackers took:121 Bitcoin (BTC).350 Ether (ETH).9.69 billion Shiba Inu (SHIB).538,000 Dogecoin…
Bitcoin is currently trading at critical levels after a sharp decline to the $112,000 zone, sparking panic among investors who fear this could mark the beginning of a broader bear market. After weeks of tight consolidation, the sudden drop has triggered concerns of a deeper correction, especially as short-term holders (STH) are forced to either realize losses or hold underwater positions. Related Reading However, not all analysts are sounding the alarm. Top analyst Axel Adler argues that while the market is experiencing typical late-stage bull cycle behavior, the broader uptrend remains intact. Adler points out that as bull markets mature,…
BitMine Immersion Technologies, the largest corporate holder of Ethereum, revealed that its total holdings are now at 833,137 ETH valued at over $2.9 billion, according to an Aug. 4 statement.This development places BitMine far ahead of previous frontrunner SharpLink, which reportedly holds 438,000 ETH.With this latest acquisition, BitMine has also climbed to third place globally in overall crypto treasuries, trailing only behind Bitcoin-focused entities Strategy (formerly MicroStrategy) and BTC miner Marathon Digital Holdings.Tom Lee, Chairman of BitMine’s board and co-founder of Fundstrat Global Advisors, said:“BitMine moved with lightning speed in its pursuit of the ‘alchemy of 5%’ of ETH growing our ETH holdings…
The crypto strategist who nailed the Bitcoin (BTC) local top in January believes that the memecoin Pudgy Penguins (PENGU) is gearing up for another upside burst. The pseudonymous analyst Bluntz tells his 326,600 followers on the social media platform X that PENGU looks poised for a wave-five surge. The trader relies on Elliott Wave theory, which states that a bullish asset tends to witness a five-wave rally, with waves one, three and five serving as upside moves and waves two and four acting as corrective periods. Says Bluntz, “This looks like the PENGU wave four, in my opinion. If you…
Bitcoin’s price stands at $114,290 today, with a market capitalization of $2.27 trillion and a 24-hour trading volume of $25.01 billion. Over the past 24 hours, the price has ranged between $113,702 and $114,869, reflecting tight consolidation near key intraday resistance. Bitcoin On the daily chart, bitcoin has transitioned from a strong bullish rally—rising from […]
Decentralized exchange Hyperliquid has reimbursed nearly $2 million to users affected by a brief outage last week, a move that may strengthen confidence in decentralized trading platforms.The Hyperliquid platform’s application programming interface (API) suffered an outage last Tuesday, which saw traders sidelined from order execution for approximately 37 minutes before resuming operations, its website shows.On Monday, Hyperliquid issued refunds totaling $1.99 million in USDC (USDC) to affected users, onchain data from Hypurrscan shows. Source: Hypurrscan Hyperliquid’s rapid response and $2 million repayment following the half-hour outage were praised by users.“Over $1.5m has already been sent out to users (can confirm),” said…
Steady progress tl;dr Altair progress Altair, the first planned upgrade of the Beacon Chain, continues to make steady progress. Last week, we released Beacon Chain spec v1.1.0-alpha.6 — Protostellar Evolution. While this is an alpha release, barring a security or practical engineering concern, the spec is unlikely to change from here on in. Client teams are busy as they pass consensus test vectors and stand up short-lived testnets. Teams will make timeline decisions in the next few weeks as Altair code changes stablize and initial multi-client interop is performed. If you want to learn more about the upgrades coming to…