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

4 hours ago

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.
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Whale Trader AiRev Closed All Their PUMP Long Positions, Earning a $1.5 Million Profit in the Last Month

On August 11th, as per the monitoring of LookOnChain, the whale trader AiRev (@ParallelAiRev) has just liquidated all of his PUMP long positions and realized profits at the peak. During the past month, his total profit has exceeded $1.5 million, making him the top-earning PUMP trader on the Hyperliquid 30-day leaderboard.

18 minutes ago

US Stock Crypto Stocks Surge, BMNR Soars 30%, SBET Up Over 15%

On August 11th, according to rockflow data, US crypto stocks witnessed a general upward trend. These included: Coinbase (COIN) increasing by 5.84%. Circle (CRCL) rising by 3.66%. MicroStrategy (MSTR) going up by 3.12%. Bitmine (BMNR) rising by 30.04%. BTCS (BTCS) increasing by 4.20%. Bit Digital (BTBT) going up by 7.19%. SharpLink Gaming (SBET) rising by 15.72%.

18 minutes ago

Trends Teams Up with Bitget Wallet to Kickstart a New Era of Convenient Trading

On August 11th, Trends made an announcement about entering into a strategic partnership with Bitget Wallet. Users will be able to log in to Trends via Bitget Wallet and directly conduct trades of the Trends token on Bitget DEX. This supports both Curve LP and Automated Market Maker (AMM) modes. Additionally, they can explore the latest projects through Memescan. The Trends TPS Season 1 has commenced, and more partnerships are expected to follow shortly.

18 minutes ago

Pendle Weekly Update: Boros Fund Limit Significantly Increased, Ecosystem TVL Surpasses $8 Billion

August 11th: The funding cap of Pendle's fund rate trading platform, Boros, continues to rise. The open position limit has increased from $15 million to $28.55 million. The treasury limits for BTC and ETH have respectively gone up from $60,000 and $80,000 to $100,000 and $125,000, suggesting a trend of expanding fund size. In terms of the ecosystem, as of August 9th, Pendle's Total Value Locked (TVL) has seen an increase from $7 billion five days ago to $8 billion, reaching a new all-time high. Regarding cross-chain deployment, Pendle has achieved a TVL of over $300 million on the HyperEVM network within less than two weeks and entered the top ten on DefiLlama's ranking. This indicates that cross-chain functionality is gradually gaining user acceptance, and the ecosystem development is progressing steadily. Regarding market performance, according to Block Media, Pendle has performed well on the Upbit exchange and become one of the top three gainers among crypto assets. Alongside Prov

18 minutes ago

Whale investor @ParallelAiRev just closed all his $PUMP longs, taking profits at highs.

Whale investor @ParallelAiRev just closed all his $PUMP longs, taking profits at highs. Over the past month, he has made a total profit of over $1.5M, becoming the most profitable $PUMP trader on Hyperliquid's 30-day leaderboard.

18 minutes ago

Thumzup is planning a $50 million initial public offering (IPO), with the net proceeds intended to accumulate cryptocurrency and mining equipment.

August 11th. Thumzup Media Corporation (Nasdaq: TZUP) announced today the pricing of its covertly marketed common stock public offering. Alongside this, there is a common stock alternative for certain investors - pre-funded warrants to subscribe for its common stock, with a public offering price set at $10 per share. The company anticipates receiving gross proceeds of $46.5 million from this offering, prior to deducting underwriting discounts and other offering expenses. The offering is expected to close around August 12th, 2025, contingent upon the usual closing conditions. The company intends to utilize the net proceeds from this offering for the exploration of cryptocurrency and the accumulation of mining equipment, as well as for working capital and general corporate purposes. BlockBeats Note: In July 2025, Donald Trump Jr., the son of the former president, disclosed that he had purchased 350,000 shares of Thumzup, which was worth approximately $3.3 million to $4.3 million based on

18 minutes ago