News
14 Aug 2025, 05:00
ALT5’s $1.5B World Liberty Financial Treasury Plan Sparks Double-Digit Share Decline
On Monday, ALT5 Sigma, a fintech company specializing in blockchain infrastructure, unveiled plans to establish a crypto treasury focusing on the World Liberty Financial (WLFI) project—a venture backed by the Trump family. The announcement, however, was met with a swift and negative reaction from investors, resulting in a significant drop in the company’s stock price. First Crypto Treasury Focusing On World Liberty Financial ALT5 Sigma, which trades on Nasdaq under the ticker name “ATLS”, aims to raise $1.5 billion to become the first publicly traded company to hold WLFI, the governance token associated with World Liberty Financial. In a press release dated August 11, the company disclosed that it plans to raise these funds through a registered direct offering and a private placement, which will involve selling up to 100 million shares at a price of $7.50 each. Related Reading: Analyst Says What Happened With Bitcoin Is About To Happen With XRP Notably, the private placement will be conducted using WLFI tokens, which are currently non-transferable and will be treated as an over-the-counter (OTC) transaction. In its regulatory filing with the US Securities and Exchange Commission (SEC), ALT5 Sigma stated that acquiring WLFI directly from World Liberty Financial is currently the only option, as the tokens remain locked and cannot be traded. The filing also warned that if the company fails to acquire the tokens on favorable terms or at all, it may impair its ability to execute its digital asset treasury strategy, potentially requiring a reallocation of assets within the treasury. ALT5 Sigma Shares Plunge 26% Prior to the announcement with World Liberty Financial, ALT5 Sigma’s shares had been performing well, nearing $20 in pre-market trading and more than doubling in value. However, the news of the treasury plans reversed this momentum dramatically. By the close of trading on Monday, shares had plummeted by 26.42%, settling at $6.60. As of the latest reports, ALT5’s stock continues to hover around $6, reflecting a decline of about 10% over the past week. With the treasury acquisition, Zach Witkoff, co-founder of World Liberty Financial, is set to become ALT5’s chairman. Eric Trump, another WLFI co-founder, will join the board as a director. Additionally, Zak Folkman, also a co-founder, will serve as a board observer, while Matt Morgan, CEO of Blockstreet, will take on the role of chief investment officer. Related Reading: Ethereum Retail Mood Still Bearish: Perfect Setup For ATH Break? It’s important to note that the WLFI token, designed as a non-tradeable governance token, was launched in October 2024, with a subsequent announcement of a USD1 stablecoin in March. In mid-July, World Liberty Financial holders voted to allow the token to become tradable, facilitating peer-to-peer transactions and secondary market activity. However, for now, the movement of tokens remains limited, with trade eligibility constrained to a select group of early supporters. Featured image from DALL-E, chart from TradingView.com
14 Aug 2025, 05:00
Top Altcoins to Buy in 2025: BlockDAG, Filecoin, Litecoin, and PEPE Show Massive Growth Potential!
The race for top altcoins to buy in 2025 is heating up as the market shifts toward momentum, innovation, and strategic accumulation. Layer 1 projects are expanding their use cases, altcoins are testing crucial resistance levels, and meme coins continue to rake in significant trading volumes. A new wave of opportunities is emerging for those paying close attention. BlockDAG is leading the charge, offering a 30x return potential with just days left in its presale. At the same time, Filecoin is making a strong comeback with a massive surge in trading volume, Litecoin is showing strong technical indicators, and PEPE remains a dominant force in the meme coin market. For those narrowing down their picks for top altcoins to buy in 2025, this mix of utility-driven platforms, tech-focused protocols, and viral tokens offers a snapshot of where the market is gaining momentum. Let’s dive into these top contenders. 1. BlockDAG: Unlocking 30x ROI & Utility BlockDAG is making waves as one of the top altcoins to buy in 2025, and the chance to get in early is almost over. With its current presale price at just $0.0016 per BDAG and a confirmed listing price of $0.05, early buyers are looking at a 3,025% ROI, which is a potential 30x return. And this opportunity isn’t just based on speculation. BlockDAG has raised over $373 million and sold 25 billion coins, attracting more than 200,000 holders. Unlike typical presales, BlockDAG already has a working product. Its Demo Trading Dashboard (V4) is live, allowing users to simulate trades, view live price charts, and get a feel for the system before the token hits exchanges. Additionally, 2.5 million users have downloaded the X1 mobile miner app, and 19,000 ASIC miners have been sold in preparation for the mainnet launch. With the $0.0016 price soon to be a thing of the past, BlockDAG is a top altcoin for 2025 for those seeking high-growth potential with an already functioning product. Don’t miss this opportunity before it takes off. 2. Filecoin: Institutional Interest Fuels 2025 Surge Filecoin has quietly positioned itself as a solid pick for the top altcoins to buy in 2025, particularly for those focused on decentralized storage and Web3 infrastructure. Over the past five days, FIL’s trading volume surged by 176%, reaching approximately $270 million, signaling a rising interest in the network. The token briefly dipped below its $2.38 support level, but this correction triggered substantial institutional trading. As of the latest reports, FIL has rebounded to $2.49, reflecting a 4.3% daily gain. While there have been no major mining updates, this increase in price and volume indicates renewed optimism in Filecoin’s role in decentralized storage. This type of quiet accumulation and price volatility typically precedes significant moves, especially for technically solid projects like Filecoin. As blockchain-based storage becomes increasingly essential for AI and decentralized infrastructure platforms, FIL could be a key player among the top altcoins to buy in 2025. 3. Litecoin: Prepping for Breakout With Strong Indicators Litecoin may not steal the headlines like some of the latest meme coins, but it’s showing the kind of technical strength that savvy traders are closely watching. With a trading price around $122 and daily volume hitting $1.15 billion, LTC is steadily climbing with bullish signals across major technical indicators. Out of 17 key indicators, 12 are signaling a “buy,” and analysts are watching for a breakout above $129.28. If this happens, price targets of $134.51 and even $139 are within reach. Some models even predict a rise to $202 by year-end. Litecoin remains one of the most widely used and tested networks in the crypto world. With low fees, strong network hash power, and growing adoption, Litecoin stands as a stable yet potentially explosive option among the top altcoins to buy in 2025. 4. PEPE: The Meme Coin with Staying Power Whether loved or loathed, PEPE continues to dominate the meme coin space, and its consistent presence proves that meme coins are far from fading away. With a price around $0.00001107 and daily volume surpassing $753 million, PEPE is one of the most traded tokens in the market. Although its 7-day return of 4.8% lags behind the broader market’s 5.4% and Ethereum’s 12.7% return, PEPE maintains its position due to a dedicated fanbase and strong social buzz. While it may not perform as well in the short term, PEPE’s staying power and massive liquidity pool position it as one of the top altcoins to buy in 2025 for those willing to take on higher risk for potential rewards. For many, the appeal of PEPE isn’t just about profits; it’s part of a larger cultural movement. As the meme economy evolves, PEPE could see significant upside as it remains one of the most engaging and talked-about projects. Which Is The Top Altcoin to Buy Now? As we look to the next wave of growth in the crypto space, a few projects stand out as top altcoins to buy in 2025. BlockDAG’s presale momentum, real-time trading tools, and strong $1.1M Bitcoin incentive pool set it apart as an early-stage opportunity with solid fundamentals. Meanwhile, Filecoin’s increased trading volume and decentralized storage utility, Litecoin’s steady growth and breakout potential, and PEPE’s cultural relevance in the meme coin economy provide a diverse range of opportunities. Each of these projects offers unique value, from technical strength and adoption to cultural impact and upside potential. If you’re building your 2025 portfolio, these assets should be on your radar. The next crypto bull run is already forming, and now is the time to position yourself for what could be a big year ahead. The post Top Altcoins to Buy in 2025: BlockDAG, Filecoin, Litecoin, and PEPE Show Massive Growth Potential! appeared first on TheCoinrise.com .
14 Aug 2025, 05:00
Cardano price prediction – Is Grayscale ETF hype the catalyst ADA needs to hit $1.50?
Cardano’s rally may be gaining traction as ETF buzz, bullish sentiment, and on-chain trends align.
14 Aug 2025, 04:55
Coinbase Smart Contract Blunder: A $300K Loss and Crucial Security Lessons
BitcoinWorld Coinbase Smart Contract Blunder: A $300K Loss and Crucial Security Lessons The cryptocurrency world recently buzzed with news of a significant Coinbase smart contract incident, where the prominent exchange experienced an unexpected loss. This event highlights the critical importance of robust security measures in the rapidly evolving digital asset landscape. It serves as a stark reminder that even industry leaders face unique challenges in maintaining ironclad crypto security . What Exactly Happened with the Coinbase Smart Contract ? Coinbase, a leading cryptocurrency exchange, recently incurred a loss of approximately $300,000. This wasn’t a hack in the traditional sense, but rather a consequence of a misconfigured Coinbase smart contract approval. Essentially, Coinbase’s internal systems mistakenly granted approval for token transfers to the 0x Project’s “swapper” contract. This particular contract is not designed to handle such approvals and, unfortunately, proved vulnerable to exploitation. The Block initially reported on this development. A security researcher from Venn Network, known as “deeberiroz” on X (formerly Twitter), quickly identified that a maximal extractable value (MEV) bot capitalized on this misconfiguration. The bot efficiently drained tokens from Coinbase’s fee receiver account, demonstrating the speed and precision with which these automated entities operate in the decentralized finance (DeFi) space. Understanding the MEV Bot Exploit and Its Impact Many people wonder, “What exactly is an MEV bot exploit ?” In simple terms, MEV bots are automated programs that look for profitable opportunities on blockchain networks by reordering, inserting, or censoring transactions within a block. In this case, the bot detected the misconfigured approval on the 0x swapper contract and swiftly executed transactions to extract the available tokens. This rapid response is a hallmark of an MEV bot exploit, showcasing their ability to react instantly to on-chain vulnerabilities. This event serves as a prime example of a decentralized exchange incident , even though it involved Coinbase’s corporate DEX wallet. It underscores the inherent complexities and potential pitfalls in managing interactions with various smart contracts across different protocols. While the incident was contained, it offered a glimpse into the sophisticated methods employed by automated agents to capitalize on network inefficiencies or configuration errors. Was Customer Wallet Security Compromised? Perhaps the most crucial question for many users is regarding the safety of their funds. Coinbase Chief Security Officer Philip Martin promptly addressed these concerns, confirming that the incident was entirely isolated. He emphasized that the loss was limited to a corporate decentralized exchange (DEX) wallet, meaning customer funds were not impacted . This assurance is vital for maintaining user trust in the platform’s ability to protect assets. Martin also detailed the swift resolution actions taken by Coinbase. These included: Revoking allowances: Immediately removing the problematic approvals granted to the 0x swapper contract. Moving assets: Transferring remaining assets from the compromised corporate wallet to a new, secure wallet. These decisive steps were critical in containing the breach and preventing further losses, showcasing effective wallet security protocols in action post-incident. Crucial Lessons for Enhancing Crypto Security The Coinbase incident, while contained, provides valuable lessons for the broader cryptocurrency ecosystem regarding crypto security . It highlights several key areas where projects and users alike must remain vigilant: Rigorous Smart Contract Audits: Before deployment or interaction, all smart contracts, especially those handling approvals or funds, must undergo thorough and independent security audits. Careful Approval Management: Users and platforms should regularly review and revoke unnecessary token allowances granted to smart contracts. This minimizes the attack surface. Proactive Monitoring: Continuous, real-time monitoring of blockchain transactions and contract interactions can help detect and respond to unusual activity quickly. Understanding DeFi Risks: Engaging with decentralized protocols requires a deep understanding of their unique risks, including potential interactions with MEV bots and smart contract vulnerabilities. This event reinforces the idea that even the most established entities are not immune to the complexities of decentralized technology. These lessons are vital for enhancing overall crypto security within the industry. It serves as a reminder that vigilance and continuous improvement in security practices are paramount for everyone involved in the crypto space. In conclusion, the Coinbase incident involving a misconfigured Coinbase smart contract approval led to a $300,000 loss from a corporate wallet. However, prompt action ensured customer funds remained safe. This event underscores the ever-present need for robust crypto security measures, meticulous smart contract management, and a keen awareness of automated exploits like the MEV bot exploit in the evolving world of decentralized finance. It’s a testament to the resilience of the ecosystem when such a decentralized exchange incident is swiftly contained, reinforcing the importance of continuous vigilance for all aspects of wallet security . Frequently Asked Questions (FAQs) Q1: What was the cause of Coinbase’s $300,000 loss? A1: Coinbase incurred a $300,000 loss due to a misconfigured smart contract approval, which mistakenly allowed transfers to the 0x Project’s “swapper” contract, a contract not designed for such approvals. Q2: Were Coinbase customer funds affected by this incident? A2: No, Coinbase Chief Security Officer Philip Martin confirmed that the incident was isolated to a corporate decentralized exchange (DEX) wallet and did not impact customer funds. Q3: What is an MEV bot exploit? A3: An MEV (Maximal Extractable Value) bot exploit occurs when automated programs detect and capitalize on profitable opportunities on blockchain networks, such as misconfigured smart contract approvals, by quickly executing transactions to extract value. Q4: How did Coinbase resolve the smart contract issue? A4: Coinbase resolved the issue by promptly revoking the problematic allowances granted to the 0x swapper contract and moving the affected assets from the compromised corporate wallet to a new, secure wallet. Q5: What lessons can be learned from this Coinbase incident for crypto security? A5: Key lessons include the importance of rigorous smart contract audits, careful management of token approvals, proactive blockchain monitoring, and a thorough understanding of DeFi risks to enhance overall crypto security. If you found this article insightful, consider sharing it with your network! Help us spread awareness about important crypto security lessons by sharing on social media. To learn more about the latest crypto market trends, explore our article on key developments shaping decentralized finance security trends . This post Coinbase Smart Contract Blunder: A $300K Loss and Crucial Security Lessons first appeared on BitcoinWorld and is written by Editorial Team
14 Aug 2025, 04:51
Bitcoin Tops $124K in New Peak as Crypto Market Cap Hits ATH
Bitcoin prices reached a new peak of $124,130 in early trading in Asia on Thursday morning, according to CoinGecko. It traded even higher on exchanges with a premium, such as Coinbase and Bitstamp. The asset has gained 3.4% on the day, climbing from an intraday low of $119,000 and exceeding its July 14 peak of $123,300. BTC has added almost 8% over the past week, partly driven by easing global trade tariff tensions and US CPI (core inflation) remaining high, which increases the odds of a September rate cut. Bitcoin Flips Google The move pushed Bitcoin’s market capitalization to $2.46 trillion, which enabled the asset to flip Google (Alphabet) for the metric, becoming the world’s fifth-largest asset. $BTC is now the 5th largest asset in the world by market cap, surpassing Google. $BTC – 2.456T $GOOG – 2.450T pic.twitter.com/THBXQsiXBR — CoinGecko (@coingecko) August 14, 2025 Analyst ‘Rekt Capital’ said that the $126,000 level “will be the pivotal price point going forward,” as a convincing break will send the asset much higher. Venture capitalist Chris Burniske predicted an October top for Bitcoin, stating, “if I were to pick numbers, which we all know is a grade above guessing, I’d say BTC to 142,690.” He also made some bold predictions for Ether to reach $6,900 to $8,000 and for Solana to hit $420 this cycle. “The crazier prices get in August/September/October, the more conviction I’ll have in an October top. If we pull back hard soon and get more muted, then perhaps we can extend this bull [market] for longer.” “The record highs we’re seeing in Bitcoin and Ethereum are being fueled by an unprecedented wave of institutional capital,” said Rachael Lucas, crypto analyst at BTC Markets, who added: “Corporate treasuries are amplifying the supply squeeze. Public and private companies, along with sovereign entities, now control over 3.64 million BTC, worth roughly $447 billion, which is more than 17% of the total supply.” Ethereum Inches Close to ATH Ether also remains hot with a four-year high of $4,770 during the Thursday morning Asian session. This brought the asset to within 2.5% of its 2021 all-time high, and breaking it this week now seems inevitable. “Ethereum has reached its final major weekly resistance before new all-time highs,” said analyst ‘Rekt Capital’, who explained that the asset will need to turn $4,630 into new support to confirm the upside into price discovery. $ETH Ethereum has reached its final major Weekly resistance before new All Time Highs Ethereum will need to turn ~$4631 (black) into new support to confirm upside into Price Discovery The last time ETH was at these highs, price upside wicked beyond black for 3 weeks before… https://t.co/XkRUEmE5m4 pic.twitter.com/DweH51Q2jc — Rekt Capital (@rektcapital) August 13, 2025 Additionally, Bitcoin dominance has fallen below 60% which could signal the onset of altseason. The post Bitcoin Tops $124K in New Peak as Crypto Market Cap Hits ATH appeared first on CryptoPotato .
14 Aug 2025, 04:50
Trump-Linked Company Expands into Crypto Mining After $50M Raise
Thumzup Media Corporation has announced plans to dramatically expand its presence in the cryptocurrency sector following a $50 million funding round. The firm, which began as a social media marketing business, is now pivoting toward large-scale crypto mining and targeted blockchain investments. New Strategy and Investments The company revealed it will use part of the funding from its $10-per-share offering to develop “state-of-the-art cryptocurrency mining infrastructure.” It is currently engaging with mining technology providers to accelerate the buildout. Thumzup also confirmed it now holds 19.1 Bitcoin, having first entered the crypto market in early January. This move aligns with a trend among public companies seeking to bolster their share value through cryptocurrency holdings. Trump Family Connection A notable shareholder in Thumzup is Donald Trump Jr., who purchased 350,000 shares in July for nearly $3.3 million, according to regulatory filings. The purchase adds to the Trump family’s growing presence in the crypto space. Bitcoin Price Surge Thumzup’s expansion comes as Bitcoin hit an all-time high of $124,128 before slightly cooling to $123,683. Market optimism has traders eyeing a potential push above $125,000. Thumzup has also outlined plans to diversify its holdings to include Dogecoin, Litecoin, Solana, XRP, Ether, and USDC, with approval to hold up to $250 million in crypto. Stock Market Performance Shares in Thumzup rose 7.62% in after-hours trading on Wednesday to $10.87, recovering from earlier losses. The stock is up nearly 195% in 2025, with its latest all-time high of $15.46 recorded on August 8. However, it faced a sharp drop earlier in the week after announcing a preferred stock offering, which was later amended. Global Crypto Holdings Trend Other firms are also increasing their Bitcoin reserves despite the recent price surge. Sweden’s H100 Group recently bought 45.8 BTC, bringing its total to 809.1 BTC — the fourth-largest holding among European public companies. The move cements the ongoing trend of corporate Bitcoin accumulation, even at record-high prices.
