Author: James Wilson

Mill City Ventures has acquired 76.3 million SUI tokens following the close of a $450 million private placement, becoming the first publicly listed company to launch a crypto treasury strategy backed by the Sui Foundation. According to a July 31 press release, Mill City partnered with hedge fund Karatage and received an equivalent investment from the Sui (SUI) Foundation to kick off the initiative. The firm’s new SUI holdings, acquired at an average price of $3.6389, are now held in a public wrapper offering retail and institutional investors daily liquidity. Institutional access to Sui begins Mill City’s treasury now holds…

Coinbase reported $1.5 billion in revenue for Q2 2025, a 3.3% increase from a year earlier but a 26% drop from the previous quarter, as lower retail activity weighed on results.  Summary Q2 revenue rose 3.3% year-over-year to $1.5B, but missed analyst targets. Retail trading lagged, while stablecoin revenue climbed 12% to $332M. Coinbase plans to expand into RWA, derivatives, and token sales. The company’s earnings per share came in at $0.12, far below analyst estimates of $1.19, according to its July 31 shareholder letter. Despite a slight year-over-year revenue increase, the company fell short of analyst expectations across several…

The U.S. Securities and Exchange Commission has announced the launch of “Project Crypto,” with SEC Chair Paul Atkins saying the initiative will help achieve President Donald Trump’s vision of making America the crypto capital of the world. Summary SEC Chair Paul Atkins unveiled the “Project Crypto” initiative during at an event at the America First Policy Institute. Project Crypto aims at bolstering regulatory efforts around making America the crypto capital of the world. SEC announced the “Project Crypto” on Thursday, July 31 via chair Paul Atkins, who revealed the grand plan in a speech delivered at the America First Policy…

Swan-promoted Sequans and several other Bitcoin treasury companies went through a rough period in July. After peaking on Jul. 14, 2025, Sequans’ stock price dropped by around 75%. Several treasury companies saw even harsher drops. What does this signal mean? Summary Semiconductor manufacturer Sequans partnered with Swan and raised over $300 million to start Bitcoin accumulation. Despite a solid start, SQNS’ stock price dropped by 75% in July. July saw many Bitcoin treasury companies’ stock prices go down, on several occasions by over 50%. Sequans’ Bitcoin Pivot Sequans Communications is a Paris-based semiconductor manufacturer that went crypto a year after…

TICS, the crypto behind the blockchain protocol Qubetics, crashed after technical issues plagued its airdrop launch. Summary TICS crypto collapsed 97% after botching the airdrop The project blamed an outsourced team for the failure Qubetics claims it’s building a cross-chain Web3 aggregator High-tech blockchain projects are only as strong as the confidence in their technical teams. On Thursday, July 31, the Qubetics (TICS) team addressed the botched airdrop that caused the token to crash 97%. The team acknowledged “critical errors” in the vesting contract during the live airdrop launch. However, the team denied direct responsibility, placing the blame on an…

Fold’s latest play makes Bitcoin as easy to gift as a last-minute birthday card. With Blackhawk’s retail muscle, BTC is now a checkout-line option at over 400,000 stores, transforming crypto from an investment into something users pick up while shopping. Summary Fold partners with Blackhawk Network to distribute Bitcoin Gift Cards across over 400,000 retail locations. The move embeds Bitcoin into familiar consumer channels like gift cards, loyalty programs, and e-commerce. On July 31, Nasdaq-listed Fold Holdings, Inc. announced a partnership with Blackhawk Network, the powerhouse behind branded payment solutions for major retailers, to distribute its Bitcoin Gift Cards across…

Pi Network rallied nearly 300% between April and May 2025. The token is now trading close to its all-time low, with PI changing hands at $0.4158 on Thursday. With the token in free fall, traders are likely rotating capital to other altcoins while waiting for the next altcoin season rally. The token’s July unlock has contributed to rising selling pressure, and the likelihood of recovery remains low. Summary PI Network’s PI token is down to $0.4112 on Thursday, close to its all-time low.  The token could slip lower and hit a record low as technical indicators turn bearish.  PI Network…

Strong tech earnings balanced ongoing fears over trade as Trump’s tariff deadline looms. Summary Nasdaq hits record on Meta and Microsoft earnings. Key tariff deadline approaches for major U.S. trading partners. Apple’s upcoming earnings will reveal the real impact of tariffs. U.S. stock indices rose as strong tech earnings offset concerns about the approaching tariff deadline. On Thursday, July 31, the Dow Jones slipped 0.19% due to losses in financial and consumer defensive companies. Meanwhile, the S&P 500 gained 0.10%, and the Nasdaq reached a record high with a 0.45% increase. Dow Jones Industrial Average heatmap | Source: TipRanks Markets…

TRON has pulled ahead of Ethereum in stablecoin activity, processing nearly seven times more daily Tether transactions and surpassing $80 billion in supply by mid-2025. The growth appears to be fueled by gasless transactions and low fees, though concerns persist. Summary TRON now handles nearly seven times more daily USDT transactions than Ethereum, with total USDT supply on the network reaching $80.8 billion in H1 2025. Its rise is fueled by gasless transactions, allowing users to avoid fees through staked resources or app-level sponsorship. While stablecoin use is surging, TRON’s centralized governance and limited DeFi complexity raise questions about long-term…

Crypto hacks have reached $3.1 billion in 2025, prompting Immunefi to launch a tool for real-time threat prevention. Summary Immunefi launches Magnus to protect $180B in user assets. The platform will leverage AI to scan threats. Magnus also tackles human error, like social engineering. Crypto remains a prime target for hackers, creating a need for advanced threat mitigation tools. On Thursday, July 31, blockchain security firm Immunefi launched the Magnus platform, designed to prevent threats in real time. The platform will protect over $180 billion in user funds across protocols such as Arbitrum, zkSync, and Curve Finance. Crypto hacks have…