
Decrypt
The Ethereum Foundation has staked a total of 24,623 ETH, valued at around $50 million, as part of its staking initiative to enhance financial sustainability. This move is in line with its revamped treasury strategy unveiled last June, aiming to support decentralized finance protocols.
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Decrypt
Lumma Stealer malware is being distributed through fake Captcha prompts, with 17% of users completing the steps, attempting to deliver the malware. The malware searches for sensitive data like passwords, cookies, and cryptocurrency wallet information.

Blockworks
Liquid funds in crypto markets, like those managed by CoinFund and Pantera Capital, operate similarly to traditional hedge funds by trading publicly-tradable tokens. These funds source liquidity via OTC desks and utilize sophisticated trading systems for precise execution.

Decrypt
Metaplanet Inc. increased its Bitcoin holdings to 18,888 BTC by purchasing an additional 775 Bitcoin for $93 million. The company's average purchase price per Bitcoin now stands at $102,000.

Decrypt
Major institutions like Brevan Howard, Goldman Sachs, and Harvard have significantly increased their Bitcoin exposure, with billions poured into spot ETFs and related crypto equities. Despite this, the average professional fund manager in the U.S. has minimal crypto allocation, with 75% having no exposure.

Decrypt
Ethereum's drop below $4,300 triggered a market reaction, causing over $487 million in long positions to vanish and leading to significant losses for altcoins like Hyperliquid (HYPE) and Sui (SUI). Analysts attribute the sell-off to a natural correction after a strong rally, with Bitcoin's decline exacerbating the situation.

Decrypt
Charles O. Parks III, also known as "CP3O," has been sentenced to one year and one day in prison for a large-scale illegal "cryptojacking" scheme that defrauded cloud computing providers of over $3.5 million in resources to mine nearly $1 million in cryptocurrency.

Decrypt
Bitcoin experienced a 2.6% drop following a recent rally to new all-time highs, with analysts attributing the decline to profit-taking and uncertainty surrounding the Russia-Ukraine conflict. Derivatives data suggests traders closed profitable positions, leading to a decline in open interest and volume delta.

DL News
Kaiko's latest quarterly Blockchain Ecosystem Ranking placed the XRP Ledger at the bottom for security, scoring just 41 out of 100 due to a small validator set and low decentralization. The ledger faced concerns over a supply-chain hack and its Nakamoto coefficient.

DL News
Over $1 billion in bullish calls are targeting Bitcoin to reach $140,000 by late September, driven by optimism and increasing demand. The recent climb past $124,000 is attributed to corporate treasuries adding crypto to balance sheets and a weakening US dollar, with traders anticipating further gains.

Decrypt
JPYC is set to become Japan's first officially recognized yen-backed stablecoin, with regulatory approval expected from the Financial Services Agency later this year. The company plans to issue nearly $7 billion worth of the token within three years, aiming for broader sales to various types of investors.