News
2 Sept 2025, 13:25
South Korean Investors Pull $657M from Tesla as Crypto Gains Steam
Quick Highlights Tesla sees $657M outflow from South Korean investors in August. Ethereum proxy asset Bitmine Immersion draws $253M net investment. Tesla still leads with $21.9B in Korean retail holdings. Tesla Sees Massive Outflows from South Korean Investors In August, South Korean retail investors sold a net $657 million worth of Tesla shares, the largest outflow from the company since at least early 2019, Bloomberg reported . Instead, capital is flowing into riskier assets, including Bitmine Immersion Technologies Inc., considered a proxy for Ethereum. The company received $253 million in net investments that month, the article says. Tesla’s Outflows Reflect Changing Investor Sentiment In the past four months, Tesla has seen $1.8 billion in outflows, signaling waning enthusiasm among one of the world’s most dedicated retail investor groups, the publication noted. During the pandemic, South Korean traders actively bought shares of American technology giants, especially Tesla, driving up prices, according to media reports. Some investors now believe Tesla is no longer living up to expectations. “Tesla has had many inspiring stories in the past, but it has failed to capture people’s hearts. It has failed to become a leader with a leading AI narrative,” said 33-year-old investor Han Jeong-soo, who bought shares in 2019 but sold them in early 2025 to invest in other projects. Tesla Remains Popular Despite Outflows Despite the massive outflow, Tesla remains the most popular foreign stock among Korean retail traders, with a combined $21.9 billion in holdings, the publication reported. In comparison, Nvidia Corp. and Palantir Technologies Inc. rank second and third with significantly smaller volumes. However, even the TSLL exchange-traded fund, which provides double leverage on Tesla shares, recorded its largest outflow since early 2024 in August – $554 million, the report noted. The shift reflects a broader trend among South Korean investors moving capital from traditional U.S. tech stocks to higher-risk, crypto-linked assets.
2 Sept 2025, 12:40
Meme Coin Little Pepe Raises Above $24M in Presale With Over 39,000 Holders
Dubai, UAE, September 2nd, 2025, Chainwire Meme coin Little Pepe ($LILPEPE) has officially crossed the $24 million milestone in its presale, marking one of the greatest fundraising achievements in the crypto market this year. With more than 15 billion tokens sold and a growing community of 39,000 holders, the primarily Ethereum-based Layer 2 project $LILPEPE has emerged within the meme coin space. The Little Pepe presale’s rapid momentum can showcase not only the growing demand for meme-based assets but also the specific enchantment that Little Pepe brings to the table. $LILPEPE’s Ethereum Layer 2 Driving Adoption According to the team, one of the important factors behind Little Pepe’s success is its integration with Ethereum’s Layer 2 technology. Transaction price and slow processing have long been demanding situations for Ethereum-based projects, but Layer 2 solutions provide the scalability for easy, cost-efficient participation. As crypto adoption spreads globally, accessibility is turning into an important differentiator. Little Pepe’s Ethereum Layer 2 basis positions it as a mission that may cope with massive transaction volumes at the same time as preserving performance. This technological side not only fuels presale participation but also sets the stage for future ecosystem expansion. Community Buzz at the Core of $LILPEPE’s Growth A defining characteristic of Little Pepe’s rise has been its strong, vocal community. From Twitter to Telegram, $LILPEPE enthusiasts have created a buzz that is amplifying awareness of the presale far beyond traditional marketing channels. The coin’s meme-inspired branding gives it viral enchantment, even as the regular updates and milestones keep supporters engaged and prompt them. Community-driven boom has long been the backbone of successful meme coins, and Little Pepe is capitalizing on this with events, contests, and giveaways that toughen loyalty. A high instance is the continued $777 giveaway , designed to reward investors and spread excitement. By fostering a sense of belonging and a fun, Little Pepe is tapping into what what they claim makes meme coins so effective in crypto tradition. $LILPEPE Building Trust With Security and Transparency Little Pepe has taken steps to establish investor confidence through transparency. Its smart contract recently underwent an audit by CertiK , one of the most trusted blockchain security firms. The audit verified that the token’s underlying code is free from vulnerabilities and safe for investors, removing a major barrier of concern that often surrounds meme coin projects. This commitment to security has reassured both retail buyers and larger investors, helping drive more confidence into the presale and pushing totals higher. With $24 million raised and demand showing no signs of slowing, Little Pepe is proving that meme coins can combine fun with serious investment credibility. Looking ahead, the team behind Little Pepe has ambitious plans to leverage its Layer 2 framework and thriving community to establish the token as more than just a meme coin, with the over $24 million raised and 15 billion tokens sold. About Little Pepe Little Pepe is a next-gen Layer 2 blockchain designed to merge meme culture with high-speed, low-cost decentralized infrastructure. Built for scalability, security, and accessibility, Little Pepe supports EVM-compatible applications and is powered by means of the $LILPEPE token. The project’s mission is to create a meme coin environment wherein utility meets virality, empowering users through cutting-edge technology and lightning-fast transactions. For more information: Website: https://littlepepe.com/ Telegram: https://t.me/littlepepetoken Twitter: https://x.com/littlepepetoken Contact James Stephen [email protected]
2 Sept 2025, 12:34
Meme Coin Little Pepe Raises Above $24M in Presale With Over 39,000 Holders
Dubai, UAE, September 2nd, 2025, Chainwire Meme coin Little Pepe ($LILPEPE) has officially crossed the $24 million milestone in its presale, marking one of the greatest fundraising achievements in the crypto market this year. With more than 15 billion tokens sold and a growing community of 39,000 holders, the primarily Ethereum-based Layer 2 project $LILPEPE has emerged within the meme coin space. The Little Pepe presale’s rapid momentum can showcase not only the growing demand for meme-based assets but also the specific enchantment that Little Pepe brings to the table. $LILPEPE’s Ethereum Layer 2 Driving Adoption According to the team, one of the important factors behind Little Pepe’s success is its integration with Ethereum’s Layer 2 technology. Transaction price and slow processing have long been demanding situations for Ethereum-based projects, but Layer 2 solutions provide the scalability for easy, cost-efficient participation. As crypto adoption spreads globally, accessibility is turning into an important differentiator. Little Pepe’s Ethereum Layer 2 basis positions it as a mission that may cope with massive transaction volumes at the same time as preserving performance. This technological side not only fuels presale participation but also sets the stage for future ecosystem expansion. Community Buzz at the Core of $LILPEPE’s Growth A defining characteristic of Little Pepe’s rise has been its strong, vocal community. From Twitter to Telegram, $LILPEPE enthusiasts have created a buzz that is amplifying awareness of the presale far beyond traditional marketing channels. The coin’s meme-inspired branding gives it viral enchantment, even as the regular updates and milestones keep supporters engaged and prompt them. Community-driven boom has long been the backbone of successful meme coins, and Little Pepe is capitalizing on this with events, contests, and giveaways that toughen loyalty. A high instance is the continued $777 giveaway , designed to reward investors and spread excitement. By fostering a sense of belonging and a fun, Little Pepe is tapping into what what they claim makes meme coins so effective in crypto tradition. $LILPEPE Building Trust With Security and Transparency Little Pepe has taken steps to establish investor confidence through transparency. Its smart contract recently underwent an audit by CertiK , one of the most trusted blockchain security firms. The audit verified that the token’s underlying code is free from vulnerabilities and safe for investors, removing a major barrier of concern that often surrounds meme coin projects. This commitment to security has reassured both retail buyers and larger investors, helping drive more confidence into the presale and pushing totals higher. With $24 million raised and demand showing no signs of slowing, Little Pepe is proving that meme coins can combine fun with serious investment credibility. Looking ahead, the team behind Little Pepe has ambitious plans to leverage its Layer 2 framework and thriving community to establish the token as more than just a meme coin, with the over $24 million raised and 15 billion tokens sold. About Little Pepe Little Pepe is a next-gen Layer 2 blockchain designed to merge meme culture with high-speed, low-cost decentralized infrastructure. Built for scalability, security, and accessibility, Little Pepe supports EVM-compatible applications and is powered by means of the $LILPEPE token. The project’s mission is to create a meme coin environment wherein utility meets virality, empowering users through cutting-edge technology and lightning-fast transactions. For more information: Website: https://littlepepe.com/ Telegram: https://t.me/littlepepetoken Twitter: https://x.com/littlepepetoken Contact James Stephen [email protected]
2 Sept 2025, 12:13
Sharps Technology acquires over 2 million SOL
More on Sharps Technology, Inc. Sharps Technology raising $400M to fund Solana treasury strategy Seeking Alpha’s Quant Rating on Sharps Technology, Inc. Historical earnings data for Sharps Technology, Inc. Financial information for Sharps Technology, Inc.
2 Sept 2025, 10:09
Citi Says Stablecoins and AI Could Drive Post-Trade Shakeup
The global post-trade industry is entering a new phase of transformation driven by digital assets and AI, according to Citi’s latest “Securities Services Evolution” whitepaper. The bank’s fifth annual survey, which gathered input from 537 market participants including custodians, broker-dealers and asset managers, highlights how tokenization, accelerated settlements and AI-driven automation are reshaping trade processing. Citi estimates that by 2030, 10% of market turnover could be conducted through tokenized assets. The report points to bank-issued stablecoins as the main enabler, helping with collateral efficiency and fund tokenization. Asia-Pacific is already leading adoption, thanks to strong retail interest in crypto and regulatory support for digital assets. The use of AI will further drive post-trade efficiency, the report states. Some 86% of surveyed firms say they are testing the technology for client onboarding as the key use case for asset managers, custodians and broker-dealers. A further 57% indicated that their organizations are piloting the technology for post-trade specifically. Speed and automation are a priority, Citi said, as the post-trade industry faces the cumulative workload of moving to T+1, a standard settlement cycle for securities transactions where the trade is settled one business day after the trade date. “From accelerated settlements to automation in asset servicing, and increased shareholder participation and governance, the collective vision of firms worldwide is converging on the same core themes. The industry is at the cusp of significant change as market participants intensify their focus on T+1, accelerate the adoption of digital assets, and implement GenAI across their operations,” said Chris Cox, Head of Investor Services, Citi.
2 Sept 2025, 09:00
Crypto Thefts Rose to $163M in August Despite Fewer Incidents
A $91 million social engineering theft from a Bitcoiner and the $50 million breach at Turkish exchange Btcturk accounted for most of the losses. While the number of hacks is trending downward, experts warn that rising crypto prices are making high-value targets more attractive. At the same time, scams like the “try my game” hack are exploiting trust rather than code to drain wallets. Security leaders warn that fake recruitment campaigns and approval phishing are also on the rise. Crypto Criminals Steal $163M in August Hackers and scammers stole over $163 million from the crypto sector in August, according to data from blockchain security firm PeckShield. This is a 15% increase from July’s $142 million in losses. While the figure is down 47% compared to the same time last year, it still shed some light on a worrying shift in strategy by cybercriminals who are now focusing their efforts on high-value centralized exchanges and people with large crypto holdings. One of the most damaging incidents last month involved a Bitcoiner who lost 783 BTC , which was worth around $91 million at the time, in a sophisticated social engineering attack. The victim was deceived by bad actors posing as support staff from a crypto exchange and hardware wallet provider, which led to one of the largest individual thefts of the year. Another major incident occurred at Turkish crypto exchange Btcturk , which lost almost $50 million after attackers breached its hot wallets. This was the exchange’s second major hack in just over a year, and it raised serious questions about its security infrastructure. Although the dollar amount of losses increased, PeckShield pointed out that the number of attacks continues to decline. Sixteen hacks were recorded in August compared to 17 in July and 20 in June. This is a good sign that overall ecosystem security is gradually improving. Still, experts believe that rising crypto prices are making the space an increasingly attractive target. Both Bitcoin and Ethereum hit new all-time highs in August, amplifying the potential rewards for hackers. Hank Huang , CEO of Kronos Research, explained that surging prices create higher-value rewards for attackers, while the pace of security improvements is still quite slow. He warned that losses could continue to rise for the rest of the year unless security technology catches up. On a more optimistic note, Huang pointed out that AI-driven tools and stronger security models could provide meaningful protection in the future. For now, both individuals and corporations holding large amounts of crypto are being urged to adopt stronger, proactive security measures to defend against sophisticated phishing and social engineering campaigns. Try My Game Hack Drains Crypto Wallets Last month, crypto user and NFT artist Princess Hypio also revealed that she lost $170,000 in digital assets after falling victim to a scam known as the “try my game” hack. The scheme has been circulating for years in various online communities, and it typically involves attackers embedding themselves in Discord groups or similar platforms, gaining trust, and then luring targets into downloading malware under the guise of a game. In Hypio’s case, a scammer convinced her to play a game on Steam, even offering to buy it for her. While the game itself was safe, the malicious server hosting it contained Trojan malware that gave attackers access to her device. This allowed them to drain her crypto and NFTs, including a Milady NFT. She later explained that three of her friends also fell prey to the same tactic. Experts say this scam thrives not on exploiting code, but on exploiting trust. Nick Percoco, chief security officer at Kraken, explained that the biggest vulnerability in crypto is human trust rather than technical flaws. Attackers mimic the behavior of trusted friends, learn community slang, and slowly manipulate targets into lowering their guard. Similarly, Gabi Urrutia , chief information security officer at Halborn, described the scam as a blend of malware and social engineering. While it is not necessarily highly sophisticated, it is effective because it abuses trust in tight-knit online communities. Reports of the tactic extend beyond crypto, with users warning on forums like Malwarebytes and Reddit about similar scams targeting gamers. Percoco pointed out that while crypto is often the first sector to encounter these attacks, they tend to spread across industries. Both experts advised users to be skeptical, verify identities through separate channels, avoid running unknown software, and be cautious about mixing gaming and wallet management on the same devices. Communities themselves can also help by tightening verification processes and limiting direct messages from strangers. Announcement from Cisco Talos Percoco also warned that an even more dangerous trend is growing: fake recruitment campaigns . In June, North Korea-linked hackers reportedly targeted crypto job seekers with malware disguised as recruitment tests, to steal wallet and password manager credentials. Urrutia added that scams exploiting blind signing and approval phishing are also becoming more common.