Bitmine
GameStop's $55B eBay bid could liquidate its bitcoin
GameStop submitted an unsolicited $55.5 billion offer to buy eBay, and CEO Ryan Cohen hasn't ruled out selling the company's $368 million bitcoin treasury to fund it. If the deal closes, eBay's 135 million active buyers would be inside a company that holds bitcoin. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."
$13B exits DeFi in 48 hours after Kelp DAO's exploit
A $292 million exploit of Kelp DAO's cross-chain bridge has wiped $13 billion from DeFi in two days, with Aave alone losing $8.45 billion in deposits. LayerZero attributes the attack to North Korea's Lazarus Group and blames Kelp's single-verifier setup. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."
Why Iran wants crypto for Strait of Hormuz tolls
Iran is now accepting bitcoin and stablecoins from cargo ships transiting the Strait of Hormuz, charging $1 per barrel of oil. Experts say the move fits into the IRGC's existing crypto-based sanctions evasion network, which has facilitated billions in cross-border trade. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."
Ether surges 10%, leading crypto rebound as ETF demand, Bitmine buying pick up
Fresh ETF inflows, digital asset treasury buying and a shift away from bitcoin to altcoins are helping lift the second-largest cryptocurrency.
Bitmine buys 60,999 ether as Tom Lee touts crypto strength amid Iran war
The ether treasury firm now holds nearly 4.6 million ETH, while maintaining a $1.2 billion cash position despite ramping up acquisitions.
Ethereum Foundation sells 5,000 ether to Tom Lee's BitMine in $10.2 million deal
The funds will support the EF's core operations, including protocol R&D and ecosystem grants, as part of a treasury strategy to balance ETH and fiat-like assets.
Eightco shares jump on $125 million funding commitment, investment in OpenAI, Beast Industries
Eightco holds a digital asset treasury that includes some 277 million WLD tokens and 11,000 ether.
Ether treasury firm Bitmine moves $19.5 million in ETH to Coinbase Prime
The largest public ether holder sent two transfers totaling $19.5 million to Coinbase Prime hot wallets on Tuesday, though the moves don't necessarily signal selling.
'Mini crypto winter' nearly over, says Tom Lee as Bitmine ramps up pace of ether acquisition
The company now holds more than 4.5 million ETH, worth over $9 billion, though it is sitting on a loss of nearly $8 billion.
Short seller Culper bets against ether, Tom Lee's BitMine citing 'death spiral' risk
The short seller firm said that Ethereum's native token is "impaired," leaving treasury firm BitMine holding the bag while co-founder Vitalik buterin is selling.
