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Share link:In this post: Rumble may buy Northern Data for €1B, offering 2.319 Rumble shares per Northern Data share. Northern Data will sell its bitcoin mining unit to Elektron Energy for up to $235M, with proceeds going toward repaying a Tether loan. Rumble’s Q2 loss widened to $30.2M despite 12% revenue growth; monthly active users fell to 51M.
Share link:In this post: Indonesia proposes sovereign AI fund to boost position as regional tech hub. A strategy paper outlines the roadmap for AI growth to 2030, pending public input. However, the plan faces hurdles including skills shortages, low research spend, and patchy internet.
Share link:In this post: Ant Group denied claims on Chinese social media regarding plans to develop rare-earth-backed stablecoins in collaboration with the People’s Bank of China (PBoC). The denial was issued on August 11, 2025, amid growing speculation about the potential for stablecoins backed by rare earth elements. JD.com and Alibaba have been trying to get the People’s Bank of China to approve a stablecoin based on the offshore yuan to challenge USD-backed stablecoins.
South Korean retail investors shift focus from US tech stocks to crypto, as regulatory changes drive the move.
Stellar price remains inside a bullish setup after its recent breakout, but record exchange balances and fading momentum hint that gains could take longer to arrive.
- 18:47Forward Industries holds 6.87 million SOL and achieves a daily profit of thousands of tokens.Jinse Finance reported that Forward Industries has announced its Solana reserves have reached 6.87 million SOL, with a total investment of approximately $1.59 billion and an average cost of $232.08 per SOL. The company generates over 1,000 SOL in daily income through a 7.01% staking yield, making it one of the largest Solana reserves in the world.
- 18:02Analyst: The current top 50 altcoins are trading below their post-FTX crash levels in 2022VentureCoinist founder and crypto analyst Luke Martin posted on X, stating that this chart perfectly illustrates why, even though $BTC is still above $100,000, market sentiment remains bearish/weak; currently, the top 50 altcoins are trading below the levels seen after the 2022 FTX collapse.
- 17:47BitMine currently holds over 3.03 million ETH, accounting for approximately 2.5% of the total supply.Jinse Finance reported that BitMine currently holds over 3.03 million ETH, accounting for approximately 2.5% of the total supply, with a value of about $12.9 billion. Blockchain analysis by Lookonchain shows that this week, more wallets associated with BitMine received transfers of over 72,000 ETH ($281 million) from FalconX and BitGo, reinforcing the coordinated strategy adopted by the company and other OTC sectors to build positions during periods of weakness.