The total market capitalization of euro-denominated stablecoins has climbed above $810 million as of Aug. 5, according to data from blockchain analytics platform Token Terminal. Circle’s $EURC leads the sector with a 65% market share, underscoring the growing demand for euro-backed digital assets in the crypto economy. $EURC Leads, But Competition Is Emerging $EURC, issued
Closing the Gap on Reserve Reporting AEREDIUM Holdings was recently granted a U.S. patent for an artificial intelligence (AI) system designed to continuously audit digital asset reserves in real time, aiming to replace traditional accounting attestations with automated oversight. The United States Patent and Trademark Office issued U.S. Patent No. 12,694,407 B1 on July 29.
Data-center and AI infrastructure company, Bitzero Holdings, plans to use $22.375 million of its roughly $25 million private placement to repay secured-loan principal on or about Aug. 6. The principal alone would consume 89.5% of the headline proceeds, while the warrants issued with the financing could eventually add 11.7 million shares. The company closed the
Solana ETFs have seen zero net flows across all six products for five consecutive trading sessions ending Aug. 4. The product-wide pause in reported primary-market flow followed an $18.1 million outflow from Bitwise’s BSOL on July 28. Farside Investors, which tracks daily fund flows, showed 0.0 for BSOL, VSOL, FSOL, TSOL, SOEZ, and GSOL during
Strategy will contribute $250 annually to Trump Accounts for eligible children of its U.S. employees, expanding its benefits beyond its core Bitcoin treasury operations. Strategy adds Trump Accounts to employee benefits Strategy announced on Aug. 5 that it had joined the Invest America Business Pledge, committing to fund Trump Accounts for the children of its
Nearly seven in ten Russians surveyed could not identify a practical reason to use cryptocurrency, even as the country prepares to open a regulated market for digital assets. A Rambler&Co survey published by TASS on Aug. 4 found that 69% of respondents saw no personal use case for crypto following legalization. Only 8% mentioned paying