Bit Digital Posts Profit Despite Double-Digit Revenue Decline in Q2
TL;DR Profit Amid Decline: Bit Digital’s Q2 revenue fell 11.7% to $25.7 million, yet it posted $14.9 million in net income after a prior-year loss, with
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Ethereum-based Meme Coin Pepeto Nears Stage 10, Raises Over $6.18M in Presale, as Ethereum Eyes $10,000
Dubai, UAE, 15th August 2025, Chainwire
Coinbase Closes $2.9B Deribit Deal, Becomes World’s Largest Crypto Derivatives Platform
TL;DR Coinbase completed the purchase of Deribit for $2.9 billion, combining $700 million in cash and 11 million Class A shares. In July 2025, Deribit set
Crypto Exchange Halts Withdrawals Following Suspicious $50M Transfers
TL;DR The crypto exchange BtcTurk immediately suspended withdrawals on the platform after detecting unusual movements worth around $50 million. The transfers included mainly Ethereum, as well
Mawari Partners with Caldera to Launch Mawari Network, Enabling Real-Time Streaming of Immersive, AI-Powered Experiences Globally
San Francisco, California, 15th August 2025, Chainwire
Gemini Launches Self-Custody Smart Wallet—No Seed Phrases, No Gas Fees
TL;DR Gemini launched a self-custody smart wallet that simplifies access to Web3, DeFi, and onchain operations without requiring additional apps. The wallet provides access through passkeys
Understanding Ethereum Payment Gateways for Seamless Cryptocurrency Transactions
To facilitate quick and straightforward financial exchanges, integrating a cryptocurrency solution into your business model is highly recommended. By implementing this approach, merchants can significantly reduce
Microsoft-Backed Dreamscape Launches on Base to Enable AI-Assisted Smart Contract Deployment
TL;DR Dreamscape uses Microsoft’s artificial intelligence tools to allow anyone to create and deploy smart contract applications without needing to code. The platform integrates with Base
Crypto Payments Firm Mesh Secures New Capital From PayPal, Coinbase, and Others
TL;DR Mesh raised capital from PayPal Ventures, Coinbase Ventures, and others; total funding now exceeds $130 million, with part of the latest round settled in PYUSD.
Google Bets Big on Bitcoin Miner TeraWulf: $1.8B Backstop, 8% Stake, and an AI Data Center Push
TL;DR Scale and stakes: Google will backstop $1.8 billion of Fluidstack lease obligations and receive warrants for about 41 million TeraWulf shares, equating to roughly 8%
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