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Meme Coin SPARK's Market Cap Surges to Over $52 Million, Setting a New All-Time High

4 hours ago

August 11th. According to GMGN data, the on-chain AI virtual creature concept Meme token SPARK's market capitalization briefly exceeded $52 million, reaching a new all-time high. It had a 24-hour gain of 60.24% and a 24-hour trading volume of $24.5 million. BlockBeats reminds users that Meme coins usually lack practical use cases and experience high price volatility. Therefore, investment should be approached with caution.
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ALT5 Sigma $1.5 Billion Funding Details: World Liberty subscribes to half of the shares in exchange for WLFI tokens, and Eric Trump, son of former US President Donald Trump, joins the board

On August 11th, according to the "investing" report, the fintech company ALT5 Sigma (Nasdaq: ALTS) has reached an agreement to sell 2 billion shares of common stock at a price of $7.50 per share through a registered direct offering and a concurrent private placement, raising a total of $15 billion. ALT5 Sigma declared that World Liberty Financial is the main investor in this private placement and will subscribe for 1 billion shares in exchange for WLFI tokens. The registered direct offering will sell 1 billion shares to institutional investors and cryptocurrency venture capital funds. The transaction is expected to be completed on August 12, 2025. At that time, ALT5 will launch the WLFI Financial Initiative and hold approximately 7.5% of the total WLFI token supply. The company plans to use the raised funds for acquiring WLFI tokens, establishing a cryptocurrency financial operation system, resolving litigation, repaying existing debts, and supporting business operations. This finan

7 minutes ago

A Whale Address Sent 224,000 LINK to Binance at a Loss

On August 11th, as monitored by Onchain Lens, a whale address deposited 224,211 LINK tokens (valued at $4.86 million) into Binance. If these tokens were to be sold, there could potentially be a loss of $603,000. Initially, this whale had withdrawn 263,930 LINK tokens from Binance more than 8 months ago. At that time, these tokens were worth $6.31 million. Currently, the whale still holds 39,720 LINK tokens, which are worth $854,000.

7 minutes ago

After WLFI Treasury News Lands, ALT5Sigma (ALTS) Price Sees 12.93% Pre-market Drop

On August 11th, based on rockflow data, since the news of "ALT5 Sigma Secures $1.5 Billion Financing to Launch WLFI Treasury" was announced, the stock price of ALT5 Sigma (ALTS) in the US pre-market trading fell by 12.93% and is now trading at $7.81.
Before this, the company's stock had increased by approximately 50% in the 6 trading days starting from August 1st.

7 minutes ago

ALT5 Sigma Announces $1.5 Billion Private Placement to Launch WLFI Treasury Strategy

August 11th. Based on market information, ALT5 Sigma has declared a registered direct offering of $1.5 billion along with a simultaneous private placement to initiate the Treasury Strategy of World Liberty Financial (stock code: WLFI).

7 minutes ago

Ethereum Economic Security Metric Hits All-Time High of $153.8 Billion

On August 11th, the Ethereum staking protocol Lido released a post indicating that the economic security metric of Ethereum has reached a historical high of $1.538 trillion. BlockBeats' Note: The Ethereum economic security metric is employed to measure a set of key indicators and parameters that reflect the overall economic security of the Ethereum network. It mainly showcases the network's capacity to fend off attacks (such as 51% attacks, double-spending attacks, etc.) in order to ensure the robustness and trustworthiness of the blockchain network. These metrics incorporate various factors including the locked value within the network, validator economic incentives, miner (or validator) rewards and costs, and so on.

7 minutes ago

Vitalik: Excited about an open-source AI model with contextual weighting and real-time editing capabilities, looking forward to brain-machine interface collaborations.

August 11th, Ethereum founder Vitalik Buterin shared in a post, saying, "At present, many artificial intelligence developments are aiming to make systems as 'autonomous' as they can be. However, in reality, creating more channels for human participation not only leads to better results (and this is likely to remain the case for a long time in the future), but is also more beneficial for security." "Today, I am much more inclined towards AI models that are open-source weighted and have good 'editing' capabilities rather than models that are simply created from scratch." "In the medium term, I hope for a certain kind of advanced brain-computer interface (BCI) technology that can provide me with real-time feedback while generating content and detect my sentiments towards each part, and then make adjustments based on the feedback."

7 minutes ago