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Bitmine ETH Staking Revenue Funds Buybacks as Holdings Near 6 Million Tokens
Bitmine ETH staking revenue now covers almost the entirety of the company’s operating costs and bankrolls its share repurchase programme, with annualised projections rising well beyond…
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Pump.fun Weekly Fees Cross $10M as Buyback Burns Offset 15.7% of Supply
Pump.fun weekly fees crossed $10.03 million for the period 3 to 9 August, the first time the Solana-based launchpad’s weekly protocol revenue has cleared that threshold under its current…
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Short-Term Holder Cost Basis at $67,523 Blocks Bitcoin’s Recovery Path
Bitcoin’s short-term holder cost basis is shaping up as the ceiling that matters most right now. With BTC trading near $65,015 on 8 August, the gap between spot price and the $67,523…
Commerce
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Binance RedotPay Lawsuit Seeks $473M Over Alleged User Diversion
The Binance RedotPay lawsuit, filed in Hong Kong and reported by Bloomberg on 4 August, accuses the crypto payments firm of channelling more than 470,000 Binance Card users to its own…
