Columbia professor Omid Malekan argued that Wall Street's renewed push into permissioned blockchains is likely to fail. The piece cites a DTCC tokenized stock pilot with JPMorgan and Morgan Stanley and an LSE plan for 24/7 blockchain-based stock trading later this year.
Fanatics agreed to acquire Water Street Labs and CX Clearinghouse from BGC Group. The deal gives Fanatics ownership of a federally regulated exchange and clearinghouse. Financial terms were not disclosed.
Binance CEO Richard Teng said Binance and DSCI supported India's NCB in a darknet drug investigation. Teng said the groups traced on-chain fund flows to assist the probe.
Lookonchain said an anonymous whale withdrew 10,444 ETH worth $20.47 million from Binance. The address has withdrawn 30,244 ETH worth $57.8 million over the past week.
U.S.-listed storage concept stocks erased early gains as SanDisk fell over 11%. MSX data showed SK Hynix dropped over 7% and Micron Technology declined over 5%.
CXMT became the world’s fourth-largest DRAM manufacturer. SemiAnalysis said its analysis last month examined CXMT’s rise from Qimonda’s legacy, Hefei patient capital, technology transfer, and IPO projections.
Lookonchain monitoring shows a whale withdrew 30,244 ETH from Binance over the past week, valued at $57.8 million. The whale just withdrew another 10,444 ETH, valued at $20.47 million.
Lookonchain monitoring shows a whale opened a new 3x long position on 24,800 MU valued at $21.86 million. The whale lost $1.2 million on a MU long position two days ago.
Lido has started migrating over 8 million stETH, worth approximately $16.5 billion, to a new validator architecture after Ethereum's Pectra upgrade. The migration is expected to reduce Lido's total validator count by roughly one-third. Lido estimates the change will lower the protocol's overall annualized staking yield by approximately 0.28%.
Swiss digital asset bank AMINA is working with Cantor to evaluate a potential public listing. The bank has explored multiple routes, including a SPAC merger, but no final decision has been made.
Strategy skipped buying Bitcoin again and bought back $25 million of its STRC preferred stock. The company sold 5,429,160 MSTR shares between July 20 and July 26 for $544.5 million in net proceeds. Strategy still holds 843,775 Bitcoins on its balance sheet.
Bitmine Adds 9,946 ETH and Repurchases 6.1M Shares
Bitmine added 9,946 ETH to its Ethereum digital asset treasury last week and repurchased 6.1 million common shares. Chairman Tom Lee said Bitmine has bought ETH every week since the ETH Treasury Strategy began on June 30, 2025. Bitmine holds 5,787,414 ETH, equal to about 4.8% of Ethereum's total supply.
Circle acquired IBM blockchain patent assets covering more than 680 patent families, making Circle the largest U.S. blockchain patent holder. The portfolio includes nearly 1,000 issued patents worldwide. The deal's financial terms were not disclosed.
Benchmark reiterated its Buy rating and $570 price target on Strategy after the company increased its U.S. dollar reserve to $3.75 billion. Strategy made no bitcoin purchases for a fifth consecutive week and sold about 5.4 million MSTR shares to raise $544.5 million.
On-chain analyst Ai Yi said the trader "Set 10 big goals first" holds 3,500.414 BTC long positions worth $224 million. The position has a $64,074.95 entry price and a $4.34 million floating profit.