Author: James Wilson

As RWAs cement themselves as crypto’s second-fastest-growing sector, a who’s-who of fintech and blockchain heavyweights are launching Ascend, a hyper-selective program designed to turn startups into the standard-bearers of institutional adoption. Summary Ascend is a new elite accelerator for real-world asset (RWA) startups with live products and institutional goals. Backed by Odisea, Plume, Galaxy Ventures, and Anchorage Digital, it will admit only 6–8 teams per cohort. According to a press release shared with crypto.news on August 4, Odisea has teamed up with an all-star roster of backers, including Plume, Galaxy Ventures, and Anchorage Digital, to launch Ascend, an accelerator exclusively…

A quiet Bitcoin heist worth billions of dollars has just been brought to light over four years after it happened, now ranking as the largest in industry history. Summary A record Bitcoin hack has just been uncovered, after on-chain investigations revealed that an attacker stole 127,426 BTC from LuBian back in 2020. At today’s prices, the stolen funds are worth nearly $15 billion. Hacker still holds almost all the coins, with barely any major movement since the theft. According to blockchain analytics firm Arkham Intelligence, the hack targeted LuBian, a Chinese mining pool that once ranked among the world’s largest.…

CrediX Finance went offline after hackers used a multisig admin exploit to drain $4.5 million from the protocol. Summary CrediX Finance went offline after a $4.5M hack Attackers used a vulnerability in its admin account The protocol launched just one month ago Security remains a key concern for DeFi projects, particularly those with centralized ownership and control. On Monday, August 4, less than a month after its launch, CrediX Finance went offline following a $4.5 million exploit. https://twitter.com/SlowMist_Team/status/1952312873822396712 According to blockchain security firm SlowMist, the attackers gained access to the protocol’s multisig admin and bridge wallets six days before the…

U.K-listed The Smarter Web Company completed a £8.1 million capital raise shortly after its BTC crosses over 2,050. Can BTC accumulation push stock prices up? Summary U.K-listed The Smarter Web Company’s stock has surged 208% in the past month following mass BTC acquisitions. The company recently purchase 225 BTC, boosting its total holdings to 2,050 BTC. Echoing a wider trend of companies updating their BTC holdings in an attempt to boost stock prices. As of August 4, company holds a total of 2,050 BTC in its reserves, meanwhile its share price is trading at £230.75. According to the company’s official…

Spark crypto price went parabolic on Monday, rising over 32% and becoming one of the best-performing tokens. Summary Spark token jumped as smart money investors continued rising. Whales have continued accumulating as exchange balances fall. Spark staking inflows continued rising this week. Spark (SPK) soared to a high of $0.1276, its highest level since July 25, and is now 65% above its monthly low. The surge occurred in a high-volume environment, with daily volume reaching $338 million, surpassing its $137 million market capitalization. Spark crypto price jumps as smart money buys SPK price jumped as on-chain data revealed accumulation by…

Grayscale Investments has announced the return of founder Barry Silbert as board chairman in  a move that also saw the digital asset manager expand its management team with new board hires. Summary Grayscale founder Barry Silbert has rejoined the company as board chair. The company has also hired four other members to join the management team. Barry Silbert’s return comes as Grayscale prepares for the company’s next phase of growth, according to an announcement.  As well as Silbert, Grayscale has added four new faces to its C-suite team, with Diana Zhang as chief operating officer, Ramona Boston as chief marketing…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Bitcoin steadies at $115k, sharp gains in HBAR and TON are drawing eyes to XYZVerse, a rising memecoin blending sports culture and web3 momentum. Summary HBAR and TON see strong gains while Bitcoin holds steady at $115k, signaling shifting market interest. XYZVerse emerges as a standout, combining sports fandom and web3 features to attract early investor buzz. With up to 1,000x potential returns, XYZVerse’s presale momentum and ecosystem plans make it a project to watch. HBAR and TON…

U.S. stocks edged higher on Monday as investors began the week on an upbeat note following last week’s sharp sell-off amid weak jobs data and tariff jitters. Summary Stocks rose on Monday as investors flipped upbeat following the sharp sell-off seen on Aug. 1. Dow added 300 points, while S&P 500 and Nasdaq edged higher. Global trade and U.S. economy concerns remain. The Dow Jones Industrial Average was up nearly 300 points, while both the S&P 500 and Nasdaq rose 0.8% and 0.95%, respectively, as Wall Street searched for fresh footing. Slight gains across the major indices came after equities…

Litecoin price jumped by over 7% on Monday, August 4, and was hovering near its highest level since March this year.  Summary Litecoin price is about to end its three-year consolidation. LTC ETF approval odds as jumped to over 80%. Technicals point to more LTC gains in the near term. Litecoin (LTC) jumped to a high of $120, up by nearly 90% from its lowest level this year. Its daily volume surged to nearly $900 million, while its market cap soared to $9 billion. LTC ETF approval odds jump to 80% Litecoin price rose on Monday as investors remained optimistic…

MemeCore has surged 24.14%, confirming a breakout above a key range high. The move signals an active bullish Elliott Wave count with further upside in play if key levels hold. Summary MemeCore is in Wave 3 of a bullish Elliott Wave sequence targeting $0.77. $0.62 is the key resistance to flip for continuation. $0.52 serves as the ideal corrective support if Wave 4 begins. After trading sideways for weeks, MemeCore has now confirmed a structural breakout with strong impulsive momentum. The price held a critical support zone before launching into a rally that now challenges major resistance. Technical confluence supports…