Author: WebDesk

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Nasdaq-listed cryptocurrency exchange Coinbase has announced plans to raise $2 billion through a private convertible note offering following a weaker-than-expected second-quarter performance. The move comes as COIN shares recorded a 15% decline on August 4, reflecting market reactions to the company’s reported drop in revenue and increased operational costs. Details of the Convertible Note Offering According to the announcement, the proposed fundraising will be conducted through a private placement targeting qualified institutional buyers. The offering will consist of two tranches of senior unsecured notes, each worth $1…

A few years ago, the idea of AI buying a $350,000 NFT on its own would’ve sounded like sci-fi. Today, it’s reality. An autonomous AI agent recently made headlines after buying a CryptoPunk for 89 ETH — no human approvals, no wallets manually unlocked. Just code, conviction, and capital. This isn’t just a quirky news piece. It’s the opening chapter of something massive.Let’s explore how “AI buys CryptoPunk” isn’t just a headline — it’s a glimpse into where finance is heading. Related: Latest NFT highlights including some big sales. The Punk That Changed EverythingIt started with an AI agent known…

White Hat is a weekly column that speaks to leaders in the cyber security sector touching on the hack of the week and what can be done to protect the future.This week we interviewed Eric Dresdale, President and Co-Founder of Entrokey Labs.White Hat (WH):    What was the genesis for Entrokey Labs? Eric Dresdale (ED): Entrokey began with a patented innovation from KNWN Technologies, using cosmic radiation to generate quantum-resistant digital identities. After key conversations between myself and my co-founder David Harding, we realized this breakthrough could be a perfect response to the rising threats from AI and quantum computing.…

Following another rejection from the $120,000 region on July 21, Bitcoin (BTC) is now holding steady around the $115,000 level. However, realized price data suggests that BTC’s surface-level calm may be nearing its end. Old Bitcoin Whales Stop Realizing Gains According to a CryptoQuant Quicktake post by contributor Kripto Mevsimi, Bitcoin whale behavior indicates that the asset may be walking a tightrope. While “old whales” have stopped realizing profits, newer whales remain slightly in the green – though only marginally. Related Reading Here, old whales refer to large BTC holders who have held the digital asset for more than a…

Zach Anderson Aug 05, 2025 23:50 NVIDIA collaborates with OpenAI to enhance AI capabilities, achieving up to 1.5 million TPS with their GB200 NVL72 system, optimizing gpt-oss models. NVIDIA, in collaboration with OpenAI, has announced significant advancements in AI performance, leveraging the power of the NVIDIA GB200 NVL72 system. The recent launch of the OpenAI gpt-oss-20b and gpt-oss-120b models promises to deliver up to 1.5 million tokens per second (TPS), marking a substantial leap in AI processing capabilities, according to NVIDIA. Enhanced AI Capabilities The gpt-oss models, known for their text-reasoning capabilities, are…

The governor submitted her letter of resignation to U.S. President Donald Trump on Friday and will leave the central bank effective Aug. 8. Fed Leadership Shuffle Looms After Surprise Kugler Resignation Federal Reserve Governor Adriana Kugler has parted ways with the central bank just shy of her two-year anniversary with the agency, after handing U.S. […] Credit: Source link

Ethena (ENA) price has struggled to rally beyond 69 cents in the past few days. The highly liquid mid-cap altcoin, with a fully diluted valuation of about $8.6 billion, dropped 4 percent in the past 24 hours to trade at about $0.575 on Tuesday, August 5 during the mid-New York trading session.ENA price has, however, signaled a macro bullish outlook following the 122 percent surge in July, almost obliterating the losses recorded in the first half of 2025. The macro ENA bullish outlook is also bolstered by its rising futures open interest (OI), which hovered around $997 million at the…

Sui crypto price took a steeper hit than major peers, dropping nearly 5% as traders cashed in on recent gains. With Bitcoin dominance climbing and altcoin volume shrinking, the pullback reveals fading risk appetite in a jittery market. Summary SUI fell nearly 5% on August 5, outpacing broader market losses as Bitcoin dominance climbed to 61.4%. The drop follows a $162 million token unlock and signals fading risk appetite amid macro uncertainty. Despite strong fundamentals, SUI has lost over 20% this month. On August 5, Sui (SUI) lost 4.71%, falling from a daily high of $3.61 to exchange hands at…

Imagine turning a modest $2,000 investment into six figures within a short timeframe. With Ruvi AI (RUVI), that dream might not only be possible but highly probable, thanks to its top-trending status on CoinMarketCap (CMC) and auditable, transparent foundations. This innovative AI-powered cryptocurrency has not only disrupted the market but also placed alternatives like Avalanche in the backseat when it comes to investor returns. Boasting over $2.7 million raised, 215 million tokens sold, and a growing base of over 2,600 holders, Ruvi AI is on the fast track to becoming one of 2025’s most promising projects. With Phase 2 of its…

Ripple (XRP) is undoubtedly one of the most significant cryptocurrency tokens to exist in the space today. The token has weathered many storms and is still going strong, backed by significant investors who are keenly looking forward to Ripple winning gloriously on all fronts. With XRP ETF momentum building up, the token is now forging a new trajectory, aiming for high price levels and shifts in the meantime. The market demand for the token in the cross-border domain is also intensifying, with its 3- and 6-month frames showcasing significant price spikes.Also Read: XRP Buy at What Price? $3 May Be…