Latest from Sheldon Reback
OKX Slashes OKB Token Supply by 50% With $7.6B Burn, Price Surges
OKX’s record-breaking $7.6 billion OKB burn halved the circulating supply and sparked triple-digit price spike, and shifts focus to driving adoption of its X Layer blockchain.
Kazakhstan’s Fonte Capital Introduces Central Asia’s First Spot Bitcoin ETF
The BETF fund, custodied by BitGo, will give investors in central Asia regulated, physically backed access to bitcoin through the Astana International Exchange.
Monero’s 51% Attack Problem: Inside Qubic’s Controversial Network Takeover
Qubic says it has achieved hashrate dominance over Monero, sparking concerns over the future of the network's decentralization.
Circle Unveils Layer-1 Blockchain Arc, Reports $428 Million Q2 Loss
Circle's Q2 financials showed $658 million in revenue, but a net loss of $482 million due to non-cash IPO-linked items.
Bitcoin Traders Watch CPI for Fed Cues: Crypto Daybook Americas
Your day-ahead look for Aug. 12, 2025
Markets Today: Bitcoin, Ether Hold Gains as Ethena Hits $11.9B TVL, Pudgy Penguins Race to F1
Futures positioning points to profit-taking in BTC and ETH as open interest falls, while DeFi protocol Ethena joins the $10B club and meme token PENGU secures high-speed exposure at the Singapore Grand Prix.
Metaplanet Boosts Bitcoin Reserves With $61M Purchase
The Japanese company now holds 18,113 BTC worth over $1.21B, with a third-quarter BTC Yield of 26.5%.
U.S. Spot Ether ETFs Hit $1B Daily Inflow for First Time
BlackRock's ETHA led the way, registering inflows of just under $640 million, while Fidelity's FETH came second with $276.9 million
BONK Retreats 8% After Climbing to August High
After peaking at $0.00002841, BONK slid before finding stability at $0.00002620 in a volatile trading session
S&P Assigns First-Ever Credit Rating to a DeFi Protocol, Rates Sky at B-
S&P Global Ratings assigned Sky Protocol a B- rating with a stable outlook, marking the first time a credit rating company has assessed a DeFi protocol
