DeFI News by Thebittimes.Com

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Elon Musk’s personal lawyer Alex Spiro will chair a new public company that plans to raise at least $200 million to create a Dogecoin (DOGE) treasury firm. That’s according to a Fortune report that cited sources familiar with the matter who said the exact launch date and corporate structure of the digital asset treasury company is still unknown. It added that the entity is still in the pitching stage.  But the initiative also has the endorsement of House of Doge, a corporate entity that was launched in early 2025 by the Dogecoin Foundation, the report said.  Despite the news, the DOGE price slid over 1% in the past 24 hours to trade at $0.2174 as of 1:50 a.m. EST in line with a broad pullback that saw the crypto sector’s market cap drop over 2% to around $3.77 trillion. DOGE price chart (Source: CoinMarketCap )  The meme coin has plunged more than 8% in the past week.  Number Of Dogecoin Treasuries Is Slowly Growing Up until now, crypto...

A regulated Shiba Inu ETP has been launched by Valour Inc., and right now European investors can actually access SHIB through their regular brokerage accounts. The regulated Shiba Inu ETP is being offered on Sweden’s Spotlight Exchange, which means investors can buy Shiba Inu ETP without dealing with crypto wallet hassles and all that complexity. Valour website announcement showing the ETP launch – Source: Valour Regulated Shiba Inu ETP Offers Easy Buy Access in Europe via Spotlight Valour Shiba Inu ETP product page showing 11.53 SEK net asset value and availability on Avanza and Nordnet brokers – Source: Valour The SHIB ETP Spotlight Exchange listing actually enables investors in Sweden, Finland, Norway, and Denmark to purchase exposure through brokers like Nordnet and Avanza. This ETP for Shiba Inu removes the need for direct cryptocurrency ownership while still tracking SHIB price movements, which is pretty convenient for traditional investors. How the Product Actua...

Lab to Ledger: Funding Science on the Blockchain! Scientific innovation has always relied on funding — but traditional grant systems are often slow, bureaucratic, and limited in scope. Researchers spend months writing proposals, navigating politics, and waiting for approvals before they can even begin their work. Meanwhile, countless groundbreaking ideas never see the light of day because funding is concentrated in the hands of a few centralized institutions. Blockchain technology is changing this. By moving science funding from labs to ledgers , researchers, investors, and communities gain new ways to support and accelerate discovery. Why Blockchain for Science? Transparency & Accountability Every transaction is recorded on a public ledger, ensuring research funds are used as intended. This prevents mismanagement and builds trust between funders and scientists. Decentralized Access Instead of relying on a handful of centralized agencies, funding can come from a global pool of con...

Somebody claiming to be Elizabeth Holmes, the former Theranos CEO, “America’s first self-made female billionaire,” and convicted fraudster is currently tweeting, replying, and occasionally trolling on X. But is it really her? The short answer is likely no. After all, Holmes is barely two years years into a nine-year prison sentence for fraud carried out during her time as CEO of the now-defunct blood testing company. The longer answer, however, is maybe. While federal prisons don’t allow inmates access to social media (Holmes is being held at FCP Bryan in Bryan, Texas), the posts could, in theory, be dictated by Holmes to a loved one, PR representative, or someone else who has assumed control of her account. Of course, there’s also a third option: her account could have been hacked. However, it’s unclear what the motivation would be given that no scam links, memecoins, or ads have been shared . Regardless, whoever’s taken over the account h...

Google Cloud is launching its own layer-1 blockchain for financial institutions, taking on Ripple, Circle, and Stripe in payments. Google Cloud’s Web3 Head of Strategy, Rich Widmann, shared new details about the blockchain, called the Google Cloud Universal Ledger (GCUL), in an Aug. 26 post on Linkedin .  “GCUL brings together years of R&D at Google to provide financial institutions with a novel Layer 1 that is performant, credibly neutral and enables Python-based smart contracts,” Widmann wrote.  “Besides bringing to bear Google’s distribution, GCUL is a neutral infrastructure layer,” Widmann added.  “Tether won’t use Circle’s blockchain – and Adyen probably won’t use Stripe’s blockchain.  But any financial institution can build with GCUL.”   By moving into blockchain payments infrastructure, Google Cloud is positioning itself to compete over the financial rails that coul...

Shares in Strategy Incorporated (MSTR) stock are down over 14% in the last 30 days following a rough month for Bitcoin (BTC). With Michael Saylor’s software company so heavily invested in the king cryptocurrency, the assets’ 7.5% dip in the past month hasn’t boded well for MSTR shares. Further, numerous price forecasts as of late for Bitcoin have come in bearish, which could be a tough test for Strategy stock in the coming quarter. Despite BTC hitting a new ATH earlier this month, the coin has hit strong resistance and is now trading back below $109,000. MSTR stock, meanwhile, is down from its $400 ATH levels from earlier this month. The drops have prompted forecasts of further decline for both entities. On the other hand, one bullish projection from a representative of Ripple Labs (XRP). Indeed, John Deaton, the popular pro-XRP lawyer, shared his latest crypto prediction on X on August 24. The lawyer suggests Bitcoin will reach the price range of $180,000-$250,000 the...

Bitcoin (BTC) and Ethereum (ETH), the two largest crypto projects by market cap, have hit new all-time highs this month. According to CoinGecko’s Bitcoin data, BTC climbed to a new peak of $124,128 on Aug. 14. ETH, on the other hand, hit a new high of $4,946.05 on Aug. 24. Despite the incredible bullish move, both BTC and ETH have fallen by more than 10% from their respective all-time highs. Let’s discuss if things will improve in September. Will Bitcoin and Ethereum Hit Another All-Time High In September? Source: Watcher.Guru September has historically been a bearish month for Bitcoin (BTC). Given that BTC is the market leader, and other assets follow its trajectory, September has been a bearish month for the general crypto market. If BTC continues to follow its historical pattern, we may see the asset face further correction. Ethereum’s (ETH) price will also suffer under such circumstances. However, there is a high chance of an interest rate cut in September. A rate ...

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Ethereum (ETH) is trading at a new all-time high as the second-ranked cryptocurrency by market cap continues to record a surge in capital inflow that has grown over $20 billion in the past day.  Specifically, the asset recorded an inflow of $23.61 billion to its market cap in the past 24 hours, rising from $573.50 billion to $597.11 billion by press time. This growth has also been reflected in price movement, with Ethereum trading at $4,927, nearly 4% higher on the day and up 9% over the past week. ETH one-day market cap chart. Source: CoinMarketCap Why ETH is rallying  Several catalysts have driven the rally. For instance, on August 24, entities holding between 1,000 and 10,000 ETH purchased $2.5 billion worth of tokens, the largest single-day inflow since 2018. Indeed, such whale accumulation usually points to a possible bullish sentiment.  At the same time, developers confirmed that the Fusaka hard fork will activate between November 5 and ...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...