• Steak_‘n_Shake_thanks_Bitcoiners_as_same-store_sales_rise_11__in_Q2
    Bitcoin

    Steak ‘n Shake credits Bitcoin as Q2 leader

    August 12, 2025 - By 

    Steak ‘n Shake said its same-store sales rose 10.7% quarter-on-quarter in Q2 2025, according to its parent company’s latest filing. On Aug. 8, the chain thanked Bitcoin users in a post on X, writing: “Bitcoin has been a game changer.” Steak ‘n Shake outpaces major U.S. rivals Steak ‘n Shake posted a 10.7% quarter-over-quarter rise in same-store sales in Q2, the strongest result among major U.S. fast-food chains that reported for the period. The outperformance adds to signs that merchant Bitcoin payments remain active in the U.S., where Bitcoin is mostly treated as an investment, even as day-to-day use is…

  • Blockchain

    Core Ethereum Developer Federico Carrone Freed from Turkish Detention After Quick Help From Wishers 

    August 12, 2025 - By 

    Federico Carrone, an Ethereum core developer, was released on Monday after being detained by Turkish authorities for about 24 hours over his alleged links to cryptocurrency privacy tools. Turkey’s Minister of Internal Affairs accused Carrone of “helping others misuse Ethereum” through his work on privacy protocols. Carrone believes the charges stem from a January 2022 research paper that he co-authored, examining user privacy on Ethereum and Tornado Cash. “We never helped anyone engage in illegal activity. It was purely research on mixers and their properties,” stated Carrone, who is known pseudonymously as Fede’s Intern.  Quick International Support From Well-wishers Secures…

  • Elizabeth Warren
    Regulation

    Elizabeth Warren Pushes for Tough Crypto Rules 

    August 12, 2025 - By 

    US Senator Elizabeth Warren warns that unchecked digital asset markets could trigger economic instability and fuel government corruption. The Massachusetts Democrat has emerged as one of Congress’s most vocal critics of industry-friendly legislation. She has reiterated the need for comprehensive cryptocurrency regulations. Elizabeth Warren opposed bills such as the GENIUS Act and CLARITY Act, which she argues hand regulatory power to major crypto corporations while weakening oversight. At a recent WNBC address she called for strict bans on elected officials trading or holding significant crypto investments.  She cited potential conflicts of interest tied to the president’s family businesses and their…

  • Trump_Media_Files_Amendment_to_Bitcoin_ETF_Registration_Crypto.com_to_Offer_Custody
    Cryptocurrency

    Trump Media names Crypto.com in ETF plan

    August 12, 2025 - By 

    Trump Media & Technology Group, the company behind Truth Social, has filed an amended with the U.S. Securities and Exchange Commission (SEC) for a spot Bitcoin exchange-traded fund.  Operational partners are named in the filing. Crypto.com will serve as the Bitcoin custodian and liquidity provider, while Yorkville America Digital will act as the fund’s sponsor, according to a Monday release. The amendment still omits key details, including the fund’s fee and ticker symbol, as noted by Bloomberg Intelligence analyst Eric Balchunas. Balchunas has also said the proposed ETF could find it hard to attract investors because it is entering an…

  • Tether and Rumble announced they plan to jointly buy all shares of Northern Data, giving them full control of the AI infrastructure firm.
    Cryptocurrency

    Tether and Rumble aim to buy 100% of Northern Data

    August 11, 2025 - By 

    Tether and Rumble announced they plan to jointly buy all shares of Northern Data, giving them full control of the AI infrastructure firm. In a Monday update, Rumble said the proposal would build on Northern Data’s current AI and high-performance computing (HPC) business. Tether, the issuer of the USDT stablecoin and already Northern Data’s largest shareholder, would support the deal. Tether has also signaled future collaborations in AI, peer-to-peer communications, and data storage. Tether links the deal Tether is the key link in this potential deal. It invested $775 million in Rumble in late 2024, and the two companies deepened…

  • Altcoins

    Anonymous Entity Pours Nearly $1 billion into ethereum During Price Spike

    August 11, 2025 - By 

    An unidentified entity has bought nearly $1 billion worth of ethereum over the past week as the cryptocurrency surged by 21% to cross the $4,000 milestone. The unidentified entity purchased 221,166 ETH tokens, with data analytics platform Lookonchain tracking $212 million in purchases in just 24 hours. The buyer spread their holdings across six different wallets, acquiring tokens from three major cryptocurrency firms – Galaxy Digital, FalconX and BitGo. Out of the six, the wallet with the most Ether has $181 million worth, while the wallet with the least Ether has $ 128 million worth. This buying spree comes with…

  • Ethereum co-founder Vitalik Buterin
    Cryptocurrency

    Ethereum Rally Pushes Vitalik Buterin Back Into Billionaire Status

    August 11, 2025 - By 

    Ethereum co-founder Vitalik Buterin has once again become a crypto billionaire, just days after Ether surged past the $4,000 mark for the first time in eight months, according to blockchain intelligence firm Arkham. “Vitalik Buterin is now an on-chain billionaire again.” Arkham His portfolio is currently valued at around $1.04 billion, consisting of 240,042 ETH along with smaller holdings in cryptocurrencies such as Aave (AAVE), WhiteRock (WHITE), Moo Deng (MOODENG), and Wrapped Ethereum (WETH). Ether’s rally has fueled optimism among traders for potential new all-time highs. On Saturday, ETH climbed 6.38% to reach $4,332, following its $4,000 rebound on Friday,…

  • Willy Woo
    Bitcoin

    Willy Woo Hopeful Bitcoin Is a Long-Term Asset For 1000 Years

    August 11, 2025 - By 

    Bitcoin analyst Willy Woo hailed Bitcoin as the “perfect asset” for the next millennium at the Baltic Honeybadger 2025 conference, in RIGA, Latvia. He said however that BTC may not overtake the  US dollar and gold unless its capital inflow grows significantly.  Woo outlined Bitcoin’s transformative potential while highlighting critical risks that could derail its ascent as a global reserve asset. Willy Woo Highlights Bitcoin’s Market Position and Growth Challenges Bitcoin’s market capitalization is currently at $2.42 trillion, less than 11% of gold’s $23 trillion and  US dollar’s $21.9 trillion.  There is  a considerable gap between Bitcoin’s current scale and…

  • Crypto recap
    Cryptocurrency

    YouTube Crypto Scams, Half-Billion Dollar Bitcoin Fraud, and a Major ETF Outflow

    August 9, 2025 - By 

    Another week, another recap! Missed some news or unsure about the most important stories from the past week? Don’t worry, we’ve got you covered: Scammers Are Using Old YouTube Accounts To Scam People. Hackers are hijacking old YouTube channels to promote fake crypto giveaways, tricking users with livestreams and deepfakes. HashFlare Founders Face 10 Years in Prison for $577M Scheme. The founders of HashFlare were found guilty of running a fake mining operation that stole over half a billion dollars from users. Michael Saylor Calls for Regulatory Clarity in Crypto in the U.S. MicroStrategy’s Michael Saylor urged U.S. lawmakers to…

  • Cryptocurrency

    What Happened In Crypto Yesterday?

    August 8, 2025 - By 

    TL;DR Crypto market saw an uptick of 2.89% bringing the total market cap to $3.87 trillion.  SharpLink Gaming bolstered its treasury with 10,975 ETH ($42.79M), bringing its total to 532,194 ETH. SEC and Ripple have jointly dropped their years-long appeal with the U.S. Court of Appeals for the Second Circuit. ETH Headed To $4k? On August 7, SharpLink Gaming raised $200M to expand its ETH treasury, purchasing 10,975 ETH ($42.79M). Similarly, FG Nexus announced a $5B fundraising plan to build ETH reserves, echoing strategies from BitMine and MicroStrategy’s Bitcoin acquisitions. Ethereum had been underperforming for the past few months but…